E2open Parent Holdings, Inc. ( ETWO ) shares are trading lower after the company reported first-quarter FY25 results. Revenue declined 5.6% Y/Y at $151.2 million, missing the consensus of $155.0 million. Subscription revenue fell 2.6% Y/Y to $131.4 million. Adjusted gross profit fell 7.1% Y/Y to $102.6 million, with gross margin contracted to 67.8% from 69.0% a year ago. Adjusted EBITDA fell 5.7%...

JERUSALEM, July 11 (Reuters) - Israeli construction technology startup Buildots said on Thursday it had received a $15 million investment led by Intel Capital to help it grow. OG Tech Partners and previous investors also participated in the funding round that brings Buildots' total financing raised to $121 million. Buildots uses artificial intelligence (AI) software to help the construction sector...

(Reuters) -Federal Reserve policymakers looking for signs that inflation is back on track to their 2% goal got that in spades Wednesday as a government report showed consumer prices unexpectedly fell in June, bolstering the case for an interest rate cut in September. The consumer price index slid 0.1% last month after being unchanged in May, the Labor Department's Bureau...

08:33 AM EDT, 07/11/2024 (MT Newswires) -- NFI Group ( NFYEF ) said Thursday that its subsidiary Alexander Dennis secured an order for 41 next-generation electric buses from London-based operator Stagecoach. According to NFI, Stagecoach will receive 24 Enviro100EV small buses and 17 Enviro400EV double-deckers in early 2025 for routes operated on behalf of the British capital's transport authority Transport...