08:38 AM EST, 02/07/2025 (MT Newswires) -- White Mountains Insurance Group ( WTM ) reported a Q4 loss Friday of $50.78 per diluted share, swinging from earnings of $111.87 a year earlier. A single analyst polled by FactSet expected a loss of $33.00. Total revenue for the quarter ended Dec. 31 was $358.0 million, down from $736.8 million a year...

08:49 AM EST, 02/07/2025 (MT Newswires) -- SolarWinds ( SWI ) said Friday it has entered into a definitive agreement to be acquired by Turn/River Capital in an all-cash deal for $18.50 per share or about $4.4 Billion. The per-share price represents a roughly 35% premium to the volume-weighted average closing price of SolarWinds ( SWI ) stock for the...

08:38 AM EST, 02/07/2025 (MT Newswires) -- Great-West Lifeco ( GWLIF ) on Friday said its subsidiary Empower reported a 30% increase in 2024 base earnings through business growth and sales. Empower, which provides retirement and wealth management services, also reported a 42% growth in net earnings. Base return on equity increased to 16% from 12%. The record earnings reflect...

08:42 AM EST, 02/07/2025 (MT Newswires) -- Fitell ( FTEL ) said it has agreed to a registered direct offering to an institutional investor of about 2 million shares at $5.02 per share and warrants to purchase up to about 2.0 million shares at an exercise price of $5.02, for gross proceeds of about $10.0 million. The offering is expected...