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Provident Financial Services Inc. PFS, -0.56% and announced Tuesday and agreement to acquire Lakeland Bancorp Inc. LBAI, -0.55% in a stock deal valued at $1.3 billion. Provident’s stock was indicated down nearly 1% in premarket trading, while Lakeland shares were halted for news until 7: 45 a.m. Eastern. Under terms of the New Jersey-based community […]
United Natural Foods Inc. UNFI, -1.28% shares rose 2.1% on Tuesday after the company said its fourth-quarter net income fell to $39 million, or 63 cents a share, from $43 million, or 69 cents a share, in the year-ago quarter. Adjusted fourth-quarter profit rose to $1.27 a share from $1.25 a share. Fourth-quarter sales increased […]
U.S. Silica Holdings Inc. SLCA, +1.14% said Tuesday its Industrial and Specialty Products business will raise prices by 9% to 20% beginning Nov. 1, to help offset “significant and continuing” cost increases in labor, transportation, materials and manufacturing. The performance materials company said the price increases will be for most of its silica sand, aplite, […]
Shares of Velodyne Lidar Inc. VLDR, -0.46% jumped 5.2% in premarket, putting it on track to open above the $1 mark, after the autonomous technology company announced an agreement to provide sensors to Stanley Robotics for an automated valet parking product. Financial terms of the multiyear agreement were not disclosed. “High-performance sensors are key to […]
Shares of FaZe Holdings Inc. FAZE, +3.73% fell 4.0% in premarket trading Tuesday, after the lifestyle and media platform filed for the sale of up to about 70.0 million common shares, as well as 173,333 warrants to buy stock. Of the total being offered, 5.9 million shares would be offered by the company and 64.0 […]
Galaxy announced that they will provide market data so that smart contract developers can build better blockchain applications. 766 Total views 33 Total shares Despite the innovations brought about by blockchain technology, a blockchain by itself does not automatically come with market data. To fix this, the trading and asset management firm Galaxy Digital has […]