Tag Archives: agrees

Pavlo Gonchar / SOPA Images / LightRocket via Getty Images Shares of Steelcase were down 14% this year entering trading Monday Shares of Steelcase (SCS) soared more than 50% Monday morning after the office furniture maker agreed to be acquired by HNI Corporation (HNI) for $2.2 billion in cash and stock. Shareholders of Grand Rapids, Mich.-based Steelcase would receive $7.20 …

Shares of Steelcase (SCS) soared more than 50% Monday morning after the office furniture maker agreed to be acquired by HNI Corporation (HNI) for $2.2 billion in cash and stock. Shareholders of Grand Rapids, Mich.-based Steelcase would receive $7.20 in cash and 0.2192 shares of HNI common stock for each Steelcase share they own, with an implied purchase price of …

Oil slips after OPEC+ agrees to hike output in September  Reuters OPEC+ makes another large oil output hike in market share push  CNN OPEC Plus Will Increase Oil Output  The New York Times OPEC+ countries to boost oil production by 547,000 barrels per day  Yahoo Finance OPEC+ Leaves Traders With Cliffhanger as Tumultuous Chapter Ends  Bloomberg Source link

OPEC+ agrees in principle to another large oil output hike, sources say  Reuters Opec+ raises oil production quotas to two-year high  Financial Times OPEC+ agrees to boost oil production in large output hike  Euronews.com OPEC+ Agrees Big Output Hike to Finish Unwinding Round of Cuts  Bloomberg OPEC+ agrees in principle another large oil output hike, sources say  Yahoo Finance Source link

Luka Dončić averaged 28.2 points, 8.1 rebounds and 7.5 assists over 28 games with L.A. last season. Luka Doncic has agreed to a reported three-year, $165 million maximum contract extension with the Los Angeles Lakers, bypassing a chance at free agency next summer to build a long-term future with his new team. The deal keeps Doncic with Los Angeles through …

The Broncos have agreed to another contract extension with one of their veteran players. According to multiple reports, the Broncos and defensive lineman Zach Allen have agreed to a four-year extension. The deal is worth $102 million and it includes $69.5 million in guaranteed money. The Broncos signed wide receiver Courtland Sutton to an extension earlier this week. Both players …

The New York Knicks and wing Mikal Bridges have agreed to a four-year, $150 million contract extension, a league source confirmed to The Athletic. Like his teammate, Jalen Brunson, Bridges took less than he could have demanded to stay with the Knicks. The contract will come in $6 million short of the maximum extension for which Bridges was eligible. His …

Cybersecurity giant Palo Alto Networks announced on Wednesday its intent to acquire identity management and security company CyberArk for $25 billion. The deal, a mix of cash and stock, marks Palo Alto’s entrance into the identity security space, according to a company press release. Palo Alto has been on a shopping spree since Nikesh Arora took over as CEO and …

Natalie Sherman & Peter Hoskins Business reporters, BBC News EPA US Treasury Secretary Scott Bessent said it would be up to the president whether the tariff truce would be extended Top officials from the US and China have ended two days of what both sides described as “constructive” talks by agreeing to continue working to extend their 90-day tariff truce. …

Note: View a copy of the plea agreement and criminal information. The Counterintelligence and Export Control Section (CES) of the Justice Department’s National Security Division (NSD), and the U.S. Attorney’s Office for the Northern District of California (NDCA) today announced that Cadence Design Systems Inc. (Cadence), a multinational electronic design automation (EDA) technology company headquartered in San Jose, California, has …