The new trade policies, UBS said, are raising the cost of making a vehicle, subsequently raising the cost of a vehicle for consumers and negatively impacting demand.
Prada said that the transaction will be funded by €1.5 billion of new debt composed of €1.0 billion term loan and €0.5 billion bridge facility.
The brokerage highlighted that since its public listing in April 2024, the company has mostly exceeded consensus expectations and continued executing its organic and inorganic growth strategy.
Loar Holdings expects net sales between $480 million and $488 million in 2025, up from between $470 million and $480 million.
Petco recently made major changes to its leadership team aimed at operational improvements and helping it return to profitable growth.
The S&P SmallCap 600 Index includes 600 companies, representing about 3% of the U.S. market.
Rivian will retain a substantial minority ownership stake in Also, and CEO RJ Scaringe will serve as chairman of the company’s Board of Directors.
To accommodate R2 production, Rivian is constructing a new 1.1 million square-foot building for body shop and general assembly operations, along with additional structures for paint, battery, and material...
Lemonade achieved the IFP milestone in 8.5 years of selling its first policy, marking an approximate 150% compound annual growth rate.
The agreement will make Affirm’s solutions available to J.P. Morgan Payments’ network of merchants and enable U.S. merchants using its Commerce Platform to offer the buy-now-pay-later provider’s...