04:49 AM EDT, 06/28/2024 (MT Newswires) -- Astera Labs ( ALAB ) said Thursday it is expanding to India with a new site in Bangalore which is scheduled to open later this year. The semiconductor-based connectivity provider said the new site will leverage the Bangalore region's technology expertise. The company also operates research and development centers in California, Canada, and...

04:43 AM EDT, 06/28/2024 (MT Newswires) -- Forward Air ( FWRD ) said late Thursday it revised its calculation of consolidated earnings before interest, taxes, depreciation and amortization for the 12 months ended March 31 to about $324 million. In a May 8 presentation, the company calculated consolidated EBITDA of $300 million, which included several one-time costs and pro forma...

04:43 AM EDT, 06/28/2024 (MT Newswires) -- CCC Intelligent Solutions Holdings ( CCCS ) said late Thursday that it priced a secondary offering of 30 million shares its common stock by affiliates of Advent International and Oak Hill Capital Partners. The shares will be offered for sale through negotiated transactions or at prevailing market prices at the time of sale....

BEIJING (Reuters) - Premium EV maker BeyonCa, backed by Renault and Dongfeng Motor, said on Friday it plans to set up a final assembly plant and its international headquarters in Hong Kong, developing the territory's first car brand. Following the one-two punch that the 2019 protests and pandemic delivered to Hong Kong's economy, the city has sought to diversify and...