Streetbeat News

Acquisitions Mergers

RLGT

Radiant Logistics reported solid financial results for the first fiscal quarter ended September 30, 2024, despite market challenges. The company is making progress in acquisitions and is well-positioned for growth with a $200 million credit facility.

Portfolio Pulse from

November 12, 2024 | 9:15 pm

G

Genpact has appointed Jinsook Han as the new Chief Strategy and Corporate Development Officer. She will lead the company's strategy and M&A activities.

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November 12, 2024 | 9:15 pm

NVDA

SERV

Serve Robotics (SERV) CEO Ali Kashani discusses the company's acquisition of Vebu and its plans to expand in the autonomous robot delivery sector. The company is also in partnership with NVIDIA (NVDA) to enhance its technological capabilities.

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November 12, 2024 | 8:30 pm

E

Eni's renewable energy business, Plenitude, is receiving a new investment from EIP, which is increasing its stake from 7.6% to 10% by purchasing newly issued shares. This move is part of Eni's strategy to expand its renewable energy operations.

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November 12, 2024 | 8:00 pm

HD

Home Depot's Q2 earnings and sales exceeded expectations, leading to a stock price increase. The positive results were driven by sales growth, contributions from the SRS Distribution acquisition, and an improved gross margin.

Portfolio Pulse from

November 12, 2024 | 6:45 pm

GTLL

Kane Biotech has announced an agreement to acquire FB Dermatology, which will enhance its wound care and dermatology portfolio and expand its global commercial reach.

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November 12, 2024 | 6:30 pm

NDSN

Nordson Corporation (NDSN) is experiencing growth due to strong performance in its Industrial Precision Solutions unit, strategic acquisitions, and shareholder-friendly policies. However, the company faces challenges with its Advanced Technology Solutions unit.

Portfolio Pulse from

November 12, 2024 | 5:30 pm

FWRG

First Watch Restaurant (FWRG) is expanding its East Coast presence by acquiring 16 franchise locations, which has led to a rise in its stock price.

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November 12, 2024 | 5:30 pm

HON

Elliott Investment Management has acquired a $5 billion stake in Honeywell International and is advocating for the company to split its aerospace and automation divisions. Elliott believes this separation could enhance performance and benefit stakeholders.

Portfolio Pulse from

November 12, 2024 | 5:15 pm