04:54 AM EDT, 04/23/2024 (MT Newswires) -- Phoenix Motor ( PEV ) said Tuesday it formed a strategic partnership with Cenntro's ( CENN ) Cennatic Power unit, which will supply custom-manufactured advanced battery packs for Phoenix Motor's ( PEV ) electric vehicles. Under the partnership, Cennatic agreed to develop and produce battery packs designed for Phoenix Motor's ( PEV )...

04:50 AM EDT, 04/23/2024 (MT Newswires) -- Cohen & Steers ( CNS ) said late Monday it sold more than 1 million shares at an average price of $69.60 apiece through an at-the-market equity offering program for net proceeds of about $68.4 million. The company intends to use the net proceeds for general corporate purposes, including seeding track record strategies...

(Reuters) - Shares of Tesla edged higher on Tuesday ahead of the electric car maker's first-quarter results, with analysts expecting its lowest gross profit margin in more than six years. The stock was up 0.7% at $143 in premarket trading ahead of the report, due after the close of trading. CEO Elon Musk will likely face pointed questions from investors...

April 23 (Reuters) - Swedish video streaming company Viaplay said sales growth at its core operations slowed markedly in the first quarter due to price hikes, knocking its shares 7% lower. The group, grappling with waning demand as consumers struggle with the high costs of living, has lost more than half of its market value since the start of the...