09:50 AM EDT, 04/17/2024 (MT Newswires) -- Knight-Swift Transportation Holdings ( KNX ) shares were down more than 7% in recent Wednesday trading after the company lowered its adjusted earnings guidance for Q1 and Q2, citing continued challenges in the full truckload industry against the backdrop of softer volume and pricing headwinds. The company said it now expects Q1 adjusted...

10:30 AM EDT, 04/17/2024 (MT Newswires) -- (Updates with FTC's comment in the fourth paragraph and recent stock move in the last paragraph.) The US Federal Trade Commission is preparing to sue to block Tapestry's (TPR) potential $8.5 billion takeover of Capri Holdings ( CPRI ) , The New York Times reported Wednesday, citing two unidentified people with knowledge of...

09:40 AM EDT, 04/17/2024 (MT Newswires) -- PowerSchool Holdings ( PWSC ) shares were down 4% in recent Wednesday trading after short-seller Spruce Point Capital Management issued an investment opinion saying PowerSchool ( PWSC ) shares face a long-term downside risk of 30% to 60%, or $8 to $14 per share. PowerSchool ( PWSC ) did not immediately respond to...

10:04 AM EDT, 04/17/2024 (MT Newswires) -- A former Boeing (BA) quality manager said that people working on the 787 Dreamliner jetliners were discouraged from pointing out problems, The Wall Street Journal reported Wednesday. Roy Irvin, who retired in 2020, said workers were also discouraged from recommending changes to prevent problems in the future, according to the report. I was...