02:38 PM EST, 12/12/2024 (MT Newswires) -- Under Armour ( UAA ) said Thursday it continues to expect fiscal 2025 adjusted earnings per diluted share to be in the range of $0.24 to $0.27. Analysts polled by FactSet expect non-GAAP EPS of $0.27. Shares of the company fell nearly 4% in recent trading. Price: 8.83, Change: -0.36, Percent Change: -3.87...

POET Technologies Inc ( POET ) shares are trading lower Thursday after the company announced a $25 million public offering. What Happened: POET announced plans to complete a non-brokered public offering of 5 million units at a price of $5 per unit. Each unit will be comprised of one share of common stock and one-half of one common share purchase...

On Wednesday, Patient Square Capital, a healthcare investment firm, agreed to acquire Patterson Companies, Inc. ( PDCO ) , a dental and animal health product distributor, for approximately $4.1 billion. During its second-quarter earnings release, the company announced it is exploring strategic options, including a sale or merger, to boost shareholder value. William Blair notes that based on Patient Square Capital’s portfolio, which doesn’t include...

Dec 12 (Reuters) - Apple ( AAPL ) is planning to switch to a homegrown chip for Bluetooth and Wi-Fi connections for its devices starting next year, a move that will phase out some parts currently supplied by Broadcom ( AVGO ), Bloomberg News reported on Thursday. The chip, code-named Proxima, has been under development for several years and is...