09:38 AM EST, 12/06/2024 (MT Newswires) -- Profound Medical ( PROF ) said Friday that it priced an underwritten public offering of about 4.7 million common shares at $7.50 per share to raise gross proceeds of about $35 million. The company granted the underwriters a 30-day option to purchase up to an additional 700,005 common shares at the same offering...

09:40 AM EST, 12/06/2024 (MT Newswires) -- Constellation Brands ( STZ ) is better positioned than its peers because of its improved capital allocation and corporate governance, and its shares should be trading higher, Needham said in a Friday note. The beer, wine and spirits producer's recent improvement in category growth and gains in market share should offer a favorable...

09:44 AM EST, 12/06/2024 (MT Newswires) -- Laurentian Bank (LB.TO) was at last look up near 7% and had hit fresh 52 week highs on Friday after the bank reported lower fourth-quarter adjusted profit that nevertheless beat forecasts. Adjusted net income of $40.9 million and $0.89 per diluted share, beat a FactSet consensus forecast of $0.87. The comparable figures for...

TOKYO (Reuters) - Japanese companies will find it easier to gain approval for U.S. acquisitions under the incoming Trump administration, the vice chairman of Citigroup in Japan said, even as President-elect Donald Trump opposes Nippon Steel's attempted buyout of U.S. Steel. The Trump presidency will also spark business reorganisations, which would swell the number of acquisition targets for Japanese firms,...