STOCKHOLM (Reuters) - Swedish truckmaker Scania, a shareholder and customer of struggling battery maker Northvolt, told Reuters on Monday it had secured an additional supplier of battery cells. Scania in January stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden in an effort to boost quality and output at the electric vehicle battery...

11:17 AM EDT, 03/10/2025 (MT Newswires) -- Rocket (RKT) said Monday that it will acquire real-estate brokerage Redfin (RDFN) for an equity value of $1.75 billion in a deal that's expected to drive users to Rocket's home-lending business. Redfin's investors will get 0.7926 common share of Rocket in exchange for each Redfin share held, reflecting a per-share value of $12.50,...

Blackboxstocks Inc. ( BLBX ) shares are trading lower on Monday. The company inked a merger deal to acquire REalloys Inc. for an undisclosed amount. This merger aims to establish REalloys as a prominent fully integrated rare earth high-performance magnet producer in North America, strengthening critical supply chains for U.S. national defense, advanced technologies, and infrastructure. Post merger closure, Blackbox...

11:25 AM EDT, 03/10/2025 (MT Newswires) -- Adobe (ADBE) underperformed its peers due to concerns around its generative AI positioning and growing competition, which has created a low bar for Q1 results, however, the Adobe Summit may provide a positive catalyst, Morgan Stanley said in an earnings preview on Monday. The company has seen some weakness at the low end...