10:05 AM EDT, 04/22/2024 (MT Newswires) -- (Updates with additional details starting from third paragraph.) CoStar ( CSGP ) agreed to acquire Matterport ( MTTR ) in a cash-and-stock deal valued at $5.50 per share, reflecting an enterprise value of an estimated $1.6 billion, the companies said Monday. Under the deal, Matterport ( MTTR ) shareholders will get $2.75 in...

(Reuters) - North American copper miners are expected to report a decline in first-quarter earnings this week due to lower prices of the red metal amid persistently high costs. Freeport-McMoRan ( FCX ) and Canada's Teck Resources ( TECK ) are expected to post a combined adjusted net income of $666.3 million, according to LSEG estimates, compared with $1.43 billion...

10:06 AM EDT, 04/22/2024 (MT Newswires) -- Cidara Therapeutics ( CDTX ) said Monday a 1-for-20 reverse stock split would take effect at 5 pm ET on Tuesday. The company said its split-adjusted common shares share will begin trading Wednesday on the Nasdaq Capital Market under ticker symbol CDTX. Shares of the company were down nearly 12% in recent Monday...

10:00 AM EDT, 04/22/2024 (MT Newswires) -- (Updates with Q1 financial outlook and chief product officer departure.) Informatica ( INFA ) on Monday said the company is not currently engaged in takeover talks. The Wall Street Journal reported late Sunday, citing unnamed sources familiar with the matter, that talks between the company and Salesforce ( CRM ) had failed. Informatica...