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Smart For Life To Acquire Purely Optimal Nutrition For Undisclosed Terms
(RTTNews) - Health & Wellness firm Smart for Life, Inc. (SMFL) announced Monday that it has executed a definitive agreement to acquire Purely Optimal Nutrition, a premier eCommerce nutraceuticals company with operations in North America. The terms of the deal were not disclosed.
The profitable acquisition is expected to contribute more than $8 million of annualized revenue and over $1 million of adjusted EBITDA.
The acquisition is expected to close within the next eight weeks and is subject to financing and customary closing conditions.
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SEC Fines Seven Companies With Whistleblower Violation
The U.S. Securities and Exchange Commission announced that it has settled charges against seven public companies for using employment, separation, and other agreements that violated rules prohibiting actions to impede whistleblowers from reporting potential misconduct to the SEC. The companies agreed to pay more than $3 million combined in civil penalties to settle the SEC's charges.
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377 dias atrás
Swiss Market Settles Marginally Up
The Switzerland market ended marginally up on Monday, despite struggling a bit early on in the session, and then for a few minutes in the final hour.
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3h 48min atrás
European Stocks Close Mostly Lower After Cautious Session
European stocks closed mostly weak on Monday amid geopolitical tensions, and the Trump administration's announcement of sweeping changes to the H-1B visa regime. Profit warnings by a few major auto companies weighed as well.
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4h 14min atrás
TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again
After moving to a new record high thanks to strong buying in the materials sector, the Canadian market remains fairly well placed in positive territory a little past noon on Monday.
Amid geopolitical tensions and rising bets on more monetary easing by the Federal Reserve this year, gold and silver prices have risen sharply today, triggering hectic buying in the materials sector.
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5h 26min atrás
Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled
Western United Fish Co., dba Annasea Foods Group, is recalling around 3,300 pounds of Kirkland Signature Ahi Tuna Wasabi Poke sold at Costco stores due to potential contamination with Listeria monocytogenes, according to the U.S. Food and Drug Administration.
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9h 15min atrás
Bay Street Looks Headed For Positive Start
Canadian stocks look headed for a positive start Monday morning, with rising bullion prices and rate cut bets set to lift sentiment.
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9h 23min atrás
China's BYD Stock Down On Reports Of Warren Buffett's Berkshire Hathaway Sells Out Stake
Warren Buffett's Berkshire Hathaway Inc. has sold out its entire stake in Chinese automaker BYD Co. Ltd., as per a filing with the U.S. Securities and Exchange Commission. In Hong Kong, BYD shares fell 2.3 percent after reports of Berkshire Hathaway offloading all its stake in the Chinese electric-vehicle maker.
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9h 47min atrás
FTSE 100 Up Marginally; Miners In Demand
The U.K. stock market is somewhat subdued on Monday with investors mostly staying cautious, looking ahead to reports on manufacturing and services sector activity from major economies for directional clues. A key reading on U.S. inflation is also due this week.
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10h 12min atrás
