11:50 AM EST, 02/19/2025 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.) Appian (APPN) shares rose about 21% in recent Wednesday trading after the company reported Q4 results that topped market expectations. Earlier, the company reported a breakeven in Q4 adjusted EPS, compared with a profit of $0.06 per share a year earlier....

11:51 AM EST, 02/19/2025 (MT Newswires) -- Marvell Technology ( MRVL ) is expected to post largely better fiscal Q4 results and Q1 outlook, driven by continued growth in artificial intelligence optics and custom AI application-specific integrated circuit products, BofA Securities said Tuesday in a report. Improving AI visibility into fiscal 2026 was cited as the cloud capex outlook continues...

11:52 AM EST, 02/19/2025 (MT Newswires) -- (Updates shares.) Canadian Tire (CTC-A.TO) on Wednesday said it agreed to sell the Helly Hansen clothing brand to Kontoor Brands (KTB) for $1.28 billion, to focus on its Canadian retail portfolio. Canadian Tire will continue to sell Helly Hansen products in its banners under a multi-year supply agreement with Kontoor. Proceeds from the...

11:51 AM EST, 02/19/2025 (MT Newswires) -- CarMax's ( KMX ) auto finance division saw lower delinquency trends and loss rate trends that are in line to better in January, reversing the deterioration in December, Wedbush said in a note Wednesday. On a [year over year] basis, the portfolio-level delinquency rate decreased 50 [basis points], improving further from the trailing...