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VSE Agrees to Buy Turbine Controls, Exploring Strategic Alternatives for Fleet Segment

By Stephen Nakrosis VSE on Thursday said it agreed to acquire Turbine Controls, provider of aftermarket maintenance, repair and overhaul support services,...

Connecticut , United-states , Florida , Stephen-nakrosis , Turbine-controls , Article-normal , Airports , Ground-services , Air-transport , Transportation-logistics , Ownership-changes

GE Board Approves Spin-Off of GE Vernova

By Stephen Nakrosis General Electric on Thursday said its board approved the previously announced spin-off of GE Vernova, an energy company that includes...

Stephen-nakrosis , New-york-stock-exchange , York-stock-exchange , Ge-aerospace , Article-normal , Energy , Diversified-holding-companies , Aerospace-defense , Business-consumer-services , Industrial-goods , Corporate-changes , Corporate-strategy-planning

Arisz Acquisition Shares Rise After BitFuFu Business Combination Closes

By Stephen Nakrosis Shares of blank check company Arisz Acquisition were higher after hours on Thursday following news it closed its previously announced...

Stephen-nakrosis , Bitfufu-inc , Nasdaq , Arisz-acquisition , Article-normal , Basic-materials-resources , Mining-quarrying , Financial-performance , Share-price-movement-disruptions , Ownership-changes , Acquisitions-mergers-shareholdings , Acquisitions-mergers

ITV Sells BritBox International Stake for $322 Mln; Launches Buyback

By Michael Susin ITV said it has sold its entire 50% stake of the digital subscription streaming service BritBox International to its joint venture partner...

United-kingdom , British , Carolyn-mccall , Michael-susin , Britbox-international , Executive-carolyn-mccall , Article-normal , Printing-publishing , Multimedia-content-services , Broadcasting , Television-broadcasting , Commercial-television

Pearson's Pretax Profit Rises; Extends Share Buyback Plan by GBP200 Mln -- Update

By Najat Kantouar Pearson reported a higher pretax profit for 2023 despite lower sales and said that it is extending its share buyback program by a further...

Najat-kantouar , Omar-abbosh , Pearson-vue , Pearson , English-language-learning , Executive-officer-omar-abbosh , Article-normal , Printing-publishing , Media-entertainment , Publishing , Financial-performance , Earnings

FuboTV shares soar on narrower-than-expected Q4 loss and revenue beat

FuboTV shares soared in premarket trades, but are down 8.2% despite the streaming company’s narrower-than-expected loss and better-than-expected revenue in...

United-states , American , Fubotv-inc , North-american , Article-normal , Motor-vehicle-parts , Multimedia-content-services , Audiovisual-production , Cinema-film-production , Broadcasting , Television-broadcasting

Amway (Malaysia) Shares Rise After Higher Quarterly Profit

By Ying Xian Wong Amway (Malaysia) shares rose early Thursday after the direct selling company's fourth-quarter profit jump. Shares of the Malaysia-listed...

Malaysia , Liew-yi-jiet , Amway , Ying-xian , Ying-xian-wong , Article-normal , Retail-wholesale , Etailing , E-commerce , Online-service-providers , Retail , Technology

Ocado Group PLC FY Net Loss GBP314M

By Michael Susin Ocado Group said its pretax loss narrowed, supported by a return to profitability at the retail joint venture it co-owns with food and...

Michael-susin , Marks-spencer , Ocado-group , Marks-spencer-group , Ocado-retail , Article-normal , Retail-wholesale , Food-retailing , Supermarkets-grocery-retailing , Specialty-retailing , Mixed-retailing , Retail

Six Flags swings to Q4 loss as revenue lags consensus

The company is still expecting the Cedar Fair deal to close in the first half. The deal is valued at about $8 billion including debt and will create a new...

Selim-bassoul , Six-flags-entertainment-inc , Six-flags-entertainment , Cedar-fair , Article-normal , Entertainment-venues , Amusement-theme-parks , Leisure-arts , Financial-performance , Earnings , Sales-figures

Sweden's Nordic Capital buys New York software maker ActiveViam

ActiveViam offers software that helps financial institutions manage risk

Kathy-perrotte , Nordic-capital , New-york-based , Quartet-financial , Technology , Software , Deals , Trusts-funds-financial-vehicles , Private-equity , Alternative-investments , Financial-services