Olin Corporation ( OLN ) and AMMO, Inc. ( POWW ) shares are trading higher on Tuesday after Olin agreed to acquire AMMO’s small caliber ammunition manufacturing assets for $75 million. The transaction, funded through available liquidity, will integrate these assets into Olin’s Winchester Ammunition business. The acquisition includes AMMO’s brass shellcase capabilities and its 185,000-square-foot production facility in Manitowoc,...

10:52 AM EST, 01/21/2025 (MT Newswires) -- Astrana Health ( ASTH ) said Tuesday it repurchased 300,000 of its common shares on Friday for $35.17 apiece or about a total purchase price of roughly $10.6 million. The company purchased the shares from its shareholder Allied Physicians of California, it added. Astrana Health's ( ASTH ) stock rose 3% in recent...

10:59 AM EST, 01/21/2025 (MT Newswires) -- RedCloud said Tuesday it launched a proposed initial public offering of 11 million shares, with the IPO price currently expected at between $4 and $6 per share. Underwriters will be granted a 30-day option to purchase up to 1.7 million additional shares, the company said. The company said it plans to list its...

10:53 AM EST, 01/21/2025 (MT Newswires) -- International Paper ( IP ) is expected to get the European Commission's approval for its proposed acquisition of DS Smith after agreeing to sell assets to resolve competition concerns, Reuters reported Tuesday, citing people with knowledge of the matter. The regulator previously set a Jan. 24 provisional deadline for a decision on the...