Jan 3 (Reuters) - Rivian surpassed analysts' expectations for fourth-quarter deliveries on Friday and said its production was no longer constrained by a component shortage, a positive sign for the electric vehicle maker aiming to turn its first profit. The shortage of the part used in its R1 SUV and R1T pickups, as well as its delivery vans, started in...

08:43 AM EST, 01/03/2025 (MT Newswires) -- Carebook Technologies (CBRK.V) on Friday signed a definitive agreement with its majority shareholder UIL offering to buy all of the common shares for $0.10 apiece in cash. The company expects the deal to close in the first quarter, subject to the satisfaction of customary closing conditions. The price is a premium of about...

08:41 AM EST, 01/03/2025 (MT Newswires) -- Consumer shares were advancing pre-bell Friday with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.5% higher recently. Nu Skin Enterprises ( NUS ) shares jumped 19% after saying that its Rhyz unit sold its Mavely marketing technology platform to Later, a...

(Reuters) -Rivian surpassed analysts' expectations for fourth-quarter deliveries on Friday and said its production was no longer constrained by a component shortage, a positive sign for the electric vehicle maker aiming to turn its first profit. Shares of the California-based company rose nearly 6% in premarket trading. The stock lost more than 40% of its value in 2024. The shortage...