News

Gentherm (THRM) shareholders have approved the combination with Modine's Performance Technologies business, clearing the last major hurdle before the deal closes on October 1. The vote was overwhelmingly in favor, with approximately 99% of votes cast supporting the issuance of new Gentherm shares to Modine shareholders, and about 94% of Gentherm's...

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ACVA’s second‑quarter results showed a widening net loss, but total revenues grew 10.4 % year‑over‑year, driven by expansion in marketplace and services and customer‑assurance sales. Copart’s acquisition aims to create an industry‑leading, end‑to‑end vehicle remarketing platform that integrates digital and physical infrastructure, enhances efficien...

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ACV Auctions Inc. (NYSE:ACVA) announced that Copart Inc. will acquire all outstanding ACVA shares in an all‑cash transaction valued at approximately $1.9 billion, or $10.50 per share. The purchase price represents a 45 % premium over ACVA’s closing price before the announcement. The deal, expected to close by the end of the year, is contingent on C...

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Odfjell Drilling (ODL.OL) secured a three-year contract from Vår Energi (VAR.OL) for the Deepsea Bergen semi‑submersible rig, starting in early 2028. The Norwegian drilling and engineering company said Thursday that the estimated contract value of firm backlog under the letter of intent stands at $518 million. The contract award extends Deepsea Ber...

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Odfjell Drilling's Deepsea Bergen rig has been awarded a three-year contract by Vår Energi, valued at $518m. The contract, which begins in early 2028, extends the rig's firm contract backlog to the first quarter of 2031. This award is significant for Odfjell Drilling, as it demonstrates the rig's capabilities and secures a long‑term partnership wit...

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Online trading platform IG Group, a London‑listed company, is undertaking a significant reorganization that will result in hundreds of job cuts. The company, which recently announced a $1.3bn deal to acquire a major US‑based prediction markets operator, has informed employees that a substantial number of layoffs will occur. The exact number of jobs...

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The level of trust in AI‑based financial advice is also a topic of discussion. A Possible Finance survey revealed that approximately 15 % of respondents would rely on AI for financial guidance. This shift towards increased adoption of AI technology could potentially impact various industries, including finance and banking, which may have implicatio...

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Economists expect wholesale prices to rise by 5.3 % over the past year, according to August PPI reports. The upcoming release of the August Consumer Price Index on Friday morning will likely provide further insight into inflation trends. As market participants digest this data, the performance of PSFE stock may be influenced by these macroeconomic...

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Paysafe (PSFE) celebrates its 30th anniversary, a significant milestone for the company. In recent news, Rillet achieved a $1 billion valuation following a $100 million Series C round, marking its third funding round in a one-year span and bringing total funding to over $200 million. This development may have implications for investors considering...

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Strategic communication to investors is slated for the BofA Securities 2026 Global Real Estate Conference on September 16 2026 at 3:45 p.m. Eastern Time. The presentation will be broadcast via live audio webcast from the Investors section of SPG’s website, with a replay available thereafter. The event will provide stakeholders insight into SPG’s on...

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