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Graco Inc. (GGG) Wednesday reported fourth-quarter net income of $114.7 million or $0.66 per share, up 35% from $84.8 million or $0.49 per share last year. Adjusted earnings improved to $0.61 per share from $0.48 per share last year. Sales for the quarter grew 14% to $470.3 million from $412.3...

Apple Inc. (AAPL) Monday announced that Dan Riccio, current SVP of hardware engineering, is transitioning to a new role where he will focus on an unspecified project. John Ternus will succeed Riccio as Apple's SVP of hardware engineering. Riccio will be reporting to CEO Tim Cook. However, the tech...

Enerplus Corp. (ERF, ERF.TO) Monday said it agreed to buy Bruin E&P HoldCo, LLC, a Williston Basin private company, for $465 million. Enerplus expects the acquisition to be materially accretive to per share metrics in the first year, including adjusted funds flow and free cash flow. Accretion to adjusted...

Twitter Inc. (TWTR) Monday announced that it has entered into a binding agreement to settle the shareholder derivative lawsuits pending in the Court of Chancery of the State of Delaware and the United States District Court for the District of Delaware against the company and certain current and former...

Shares of Spartan Acquisition Corp. II (SPRQ), a special purpose acquisition company, are gaining more than 33 percent or $3.95 in Monday's morning trade at $15.76, after hitting a new 52-week high of $16.64. Monday, Spartan Acquisition and Sunlight Financial LLC, a U.S. residential solar financing...

Shares of Shanghai-based online game operator The9 Limited (NCTY) are currently gaining about 25% after the company announced a deal to purchase bitcoin mining machines. NCTY is currently trading at $13.96, up $2.78 or 24.87%, on the Nasdaq. The9 announced that it signed five legally binding Memorandum...

Shares of apparel and accessories retailer Express Inc. (EXPR) are surging more than 76 percent or $1.37 in Monday's morning trade at $3.16 after gaining almost 53 percent on Friday. Columbus, Ohio-based Express said in mid-January that it has entered into a definitive loan agreement with Sycamore...

Shares of VivoPower International PLC (VVPR) are gaining about 30% on Monday morning after the company signed a deal for its Tembo Toyota Electric Vehicle Solutions worth about $250 million. VVPR is currently trading at $18.02, up $4.14 or 29.86%, on the Nasdaq. VivoPower International and its...

Shares of BlackBerry Limited (BB, BB.TO), a provider of intelligent security software and services to enterprises and governments, are surging more than 38 percent or $5.34 in Monday's morning trade at $19.38, after hitting a new 52-week high of $19.80. The company's shares are extending gains from...

Apple unveiled Time to Walk, a new audio walking experience on Apple Watch for Fitness+, subscribers. Time to Walk can be enjoyed with Apple Watch and AirPods or other Bluetooth headphones, the company said in a statement. The company noted that each original Time to Walk episode invites users...

MGP Ingredients, Inc. (MGPI), a supplier of distilled spirits as well as specialty wheat proteins and starches, said Monday it has agreed to acquire Luxco, Inc., and its affiliated companies. The deal represents an enterprise value of $475 million, comprised of equal parts cash and stock. The transaction...

Southern California Edison or SCE, a unit of Edison International (EIX), said Monday that the company and the holders of Woolsey Fire insurance subrogation claims have entered into an agreement settling all subrogation claims in the pending litigation arising from the 2018 Woolsey Fire. SCE also...

UPS (UPS) agreed to sell UPS Freight to TFI International Inc. (TFII, TFII.TO) for $800 million. UPS and TFI International will also enter into an agreement for UPS Freight to continue to utilize UPS' domestic package network to fulfill shipments, for a period of five years. The transaction is...

ATM operator NCR Corp. (NCR) said Monday that it agreed to buy Cardtronics (CATM) for $39.00 per share in an all-cash transaction with an enterprise value of about $2.5 billion, including debt. The transaction has been approved by the Boards of Directors of both companies. The combined company...

Moderna Inc. (MRNA) said Monday that results from in vitro neutralization studies of sera from individuals vaccinated with the company's COVID-19 vaccine, mRNA-1273, showed activity against emerging strains of SARS-CoV-2. Moderna noted that vaccination with its COVID-19 vaccine produced neutralizing...

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