UniFirst Corporation ( UNF ) shares are trading higher after the company reported first-quarter results. Quarterly sales of $604.91 million missed the analyst consensus of $606.62 million. UniFirst ( UNF ) registered an operating income of $55.5 million, an increase of 4.5% year over year. Adjusted EBITDA increased to $94.0 million from $88.7 million in the prior year. Adjusted EPS of $2.40 beat the consensus of $2.22. UniFirst ( UNF ) reported expenses of approximately $2.5 million in the...

10:44 AM EST, 01/08/2025 (MT Newswires) -- HF Sinclair ( DINO ) said Wednesday it started a cash tender offer to purchase outstanding notes for up to $900 million. The tender offer covers, in order of acceptance priority, 6.375% senior notes due 2027 with a $150 million cap, 5.875% senior notes due 2026, and 5.875% senior notes due 2026 issued...

10:46 AM EST, 01/08/2025 (MT Newswires) -- iHeartMedia (IHRT) and the National Football League extended their multi-year NFL Podcast Network collaboration, the companies said Wednesday. Financial terms were not disclosed. Under the terms, new original podcasts and NFL Club shows will debut every year, while iHeart will also look for other current podcasts to join the NFL Podcast Network, the...

10:41 AM EST, 01/08/2025 (MT Newswires) -- GSK (GSK) is in advanced discussions to acquire privately-owned US biotech company IDRx for up to $1 billion, the Financial Times reported Wednesday, citing people close to the talks. IDRx is developing a treatment for rare gastrointestinal tumors, according to the report. GSK and IDRx didn't immediately respond to a request for comment...