07:20 AM EDT, 03/10/2025 (MT Newswires) -- NVent Electric ( NVT ) said Monday it has agreed to acquire the electrical products group of Avail Infrastructure Solutions for $975 million. NVent said it expects the deal to be accretive to adjusted earnings per share in the first year post-transaction. The acquisition, which includes Avail's enclosures, switchgear and bus systems businesses,...

09:22 AM EDT, 03/10/2025 (MT Newswires) -- Dolby Laboratories ( DLB ) and General Motor (GM) said Monday that Dolby Atmos sound technology will be an available feature across Cadillac's entire 2026 electric vehicle lineup. The companies said select 2025 models will also get Dolby Atmos via over-the-air software updates. ...

Fintech firm Rocket Companies ( RKT ) agreed to acquire Redfin Corp. ( RDFN ) , a digital real estate platform, in an all-stock transaction valued at $12.50 per share, or approximately $1.75 billion in equity. Under the terms of the agreement, Redfin shareholders will receive 0.7926 shares of Rocket Class A common stock for each Redfin share—a 63% premium...

(Reuters) - Department store operator Nordstrom ( JWN ) on Tuesday beat Wall Street expectations for quarterly comparable sales and said its Chief Financial Officer Cathy Smith would step down. The company reported fourth-quarter comparable sales growth of 4.7%, compared with estimates of 1.25%, according to data compiled by LSEG. (Reporting by Juveria Tabassum in Bengaluru; Editing by Sriraj Kalluvila)...