Riot Platforms Inc ( RIOT ) on Monday announced that it entered into a settlement agreement with Bitfarms Ltd ( BITF ) related to its ongoing takeover attempt of the company. What Happened: Riot and Bitfarms ( BITF ) reached an agreement ahead of the upcoming special meeting of Bitfarms ( BITF ) shareholders. Under terms of the agreement, Andrés...

Constellation Energy Corp ( CEG ) shares are trading higher Monday. Multiple analyst firms raised price targets on the stock following the company’s deal with Microsoft Corp ( MSFT ) announced late last week. What Happened: On Friday, Constellation Energy ( CEG ) shares jumped more than 22% after the company signed a 20-year power purchase agreement with Microsoft (...

11:06 AM EDT, 09/23/2024 (MT Newswires) -- Lennar ( LEN ) reported mostly positive third-quarter financials last week but was humbled by a lower-than-expected gross margin forecast -- a point of concern among investors that the company hopes to rectify in coming quarters, Co-Chief Executive Stuart Miller said on a call with analysts. The homebuilder reported gross margin of 22.5%...

10:52 AM EDT, 09/23/2024 (MT Newswires) -- Osisko Mining's ( OBNNF ) price target fell to $4.90 from $5 while its rating moved to Tender from Outperform in a Friday note from National Bank of Canada. The changes were made after Gold Fields agreed to acquire Osisko for $4.90 a share in a $2.16 billion deal. The deal is expected...