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TravelCenters Of America To Be Acquired By BP In About $1.3 Bln Deal

TravelCenters Of America To Be Acquired By BP In About $1.3 Bln Deal

TravelCenters of America Inc. (TA), the operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center brands, announced Thursday that it has entered into a merger agreement with BP plc (BP), pursuant to which BP will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash.
RTTNews | 1305 days ago
Commercial Metals Appoints Peter Matt To Succeed Barbara Smith As President

Commercial Metals Appoints Peter Matt To Succeed Barbara Smith As President

The Board of Directors of Commercial Metals Co. (CMC) announced Thursday that, as part of the Company's succession plan, the Board has appointed Peter Matt as President, effective as of April 1, 2023, succeeding Barbara Smith who will remain Chairman and Chief Executive Officer of the Company.
RTTNews | 1305 days ago
Crocs Guides Q1, FY23 Adj. EPS Above Estimates - Update

Crocs Guides Q1, FY23 Adj. EPS Above Estimates - Update

While reporting financial results for the fourth quarter on Tuesday, casual footwear company Crocs, Inc. (CROX) initiated adjusted earnings and revenue growth guidance for the first quarter and full-year 2023.
RTTNews | 1305 days ago
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Ford May Take A Few Weeks To Restart F-150 Lightning Production

Ford May Take A Few Weeks To Restart F-150 Lightning Production

Ford Motor Co., which has halted production of electric F-150 Lightning pickup due to a possible battery issue, could take a few weeks to restart the production, reports said. The auto major on Wednesday had confirmed that production of the EV had been suspended at the beginning of last week due to a potential battery issue that resulted in a vehicle fire.
RTTNews | 1305 days ago
FTSE 100 Breaches 8k

FTSE 100 Breaches 8k

FTSE 100 of the London Stock Exchange touched a record high of 8047 in the day's trade. Strong corporate results and buyback announcements added to the positive sentiment generated by Wednesday's lower-than-expected inflation readings. Hopes of a slowing down in the rate hikes by the Bank of England lifted markets.
RTTNews | 1305 days ago
Hasbro Q4 Adj. EPS Tops View; Guides FY23 Below Estimates

Hasbro Q4 Adj. EPS Tops View; Guides FY23 Below Estimates

Toy and board game company Hasbro, Inc. (HAS) reported Thursday a net loss attributable to Hasbro for the fourth quarter of $128.9 million or $0.93 per share, compared to a net income of $82.2 million or $0.59 per share in the year-ago quarter.
RTTNews | 1305 days ago

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