11:34 AM EDT, 08/15/2024 (MT Newswires) -- Cadence Design Systems ( CDNS ) said Thursday it entered into a $1.25 billion five-year senior unsecured revolving credit facility, replacing its existing revolver from 2021. The company may use proceeds from the new facility for working capital, capital expenditures and other general corporate purposes, according to a filing with the US Securities...

11:35 AM EDT, 08/15/2024 (MT Newswires) -- Roper Technologies ( ROP ) agreed to acquire Transact Campus, saying it will tie the payments and commerce company's systems into a unit that provides software for senior living, educational, business and healthcare sites. Roper pegged the net purchase price at $1.5 billion, including a $100 million tax benefit, while Transact put the...

Lululemon Athletica Inc. ( LULU ) shares are moving higher on Thursday, along with other retail stocks, after Walmart ( WMT ) reported strong 2024 fiscal year second quarter earnings before the market opened Thursday. The Details: Walmart ( WMT ) reported EPS of 67 cents beating analysts estimate of 64 cents and revenue of $169.33 billion beating analysts estimate...

(This Aug.14 story has been corrected to fix the timeline for Polestar 4 South Korean production to mid 2025 from the second half of 2024, in paragraph 7) By Abhirup Roy and Marie Mannes (Reuters) - Swedish electric-vehicle (EV) maker Polestar moved one step further in avoiding major tariffs imposed on Chinese-made cars on Wednesday when the automaker said it...