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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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Před 374 dny
Swiss Market Ends Higher For 2nd Straight Session
The Switzerland market opened on a slightly weak note on Friday, but recovered swiftly and then kept edging higher to eventually end the day's session on a firm note.
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Před 45 minutami
Major European Markets Close Slightly Weak
The major European markets closed slightly down on Friday as investors assessed recent moves of the central banks and weighed the potential impact of tariffs. A bit of profit taking also contributed to the market's weak close.
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Před 1 h 10 min
TSX Marches On, Hits Fresh Record High; Materials Stocks Rally
The Canadian market is up firmly in positive territory a little past noon on Friday, extending recent gains, thanks largely to strong buying in the materials sector. Energy stocks are struggling for support due to weak oil prices.
The mood remains fairly bullish amid expectations the Bank of Canada and the Federal Reserve will announce further easing this year to boost growth.
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Před 2 h 15 min
Bank Of Japan Holds Rate Steady; Plans To Lower ETF Holdings
The Japanese central bank left its key interest rate unchanged on Friday, as expected, but surprised markets with a decision to reduce the holdings of its massive stock of exchange-traded funds, suggesting that the monetary policy normalization is underway. The Bank of Japan policy board, led by Governor Kazuo Ueda, voted 7-2 to hold the uncollateralized overnight call rate at around 0.5 percen
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Před 5 h 11 min
Bay Street Likely To Open On Subdued Note
Canadian shares may open on a somewhat subdued note on Friday with investors reacting to retail sales data, and looking to take some profits following recent gains.
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Před 5 h 55 min
FTSE 100 Recovers After Slight Setback, Up Marginally At Noon
After an early modest upmove, the U.K. market slipped into negative territory Friday morning, but recovered ground subsequently to emerge above the flat thanks to selective buying at a few frontline counters.
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Před 7 h 18 min
Pound Slides As UK Bond Yield Soars
The British pound weakened against other major currencies in the European session on Friday, as long-dated UK bond yields rise sharply in response to increasing public sector borrowings in August.
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Před 7 h 40 min
