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Boingo Wireless Shares Surge on $854 Million Take-Private Deal With Digital Colony Management
3:39PM ET 3/01/2021 MT Newswires

Shares of Boingo Wireless (WIFI) soared Monday after the mobile internet service company agreed to be taken private by an affiliate of Digital Colony...

Cardlytics Optimistic After Fourth-Quarter Loss, Acquires Rebates App Dosh for $275 Million
2:46PM ET 3/01/2021 MT Newswires

Cardlytics (CDLX) swung to a fourth-quarter loss as the COVID-19 pandemic curbed US credit card spending and related marketing. But the operator of credit...

Rocket Lab USA to Become Nasdaq-Listed Company Via Merger With Vector Acquisition
2:26PM ET 3/01/2021 MT Newswires

Rocket Lab USA will become a public company through a merger with Vector Acquisition (VACQ) to expand the space company's footprint in launch and space...

Construction Spending Tops Expectations in January, Driven by Residential Building Gains
2:03PM ET 3/01/2021 MT Newswires

Spending on construction rose more than expected in January, lifted by strong gains in residential building amid the COVID-19 pandemic, government data...

CAE Agrees to Acquire L3Harris Technologies' Military Training Business for $1.05 Billion
1:10PM ET 3/01/2021 MT Newswires

CAE (CAE) said Monday it will acquire the military training business of L3Harris Technologies (LHX) for $1.05 billion in a deal that the Canadian aerospace...

US Stocks Advance as Government Bond Markets Stabilize, $1.9 Trillion Package Progresses to Senate
12:48PM ET 3/01/2021 MT Newswires

US stocks rose Monday as government bond yields fell and President Joe Biden's $1.9 trillion stimulus program passed through the House of Representatives. ...

ISM Manufacturing PMI Index Jumps to Four-Year High at 60.8; IHS Markit Measure Slips But Tops Expectations
12:43PM ET 3/01/2021 MT Newswires

Two surveys of US manufacturing produced some of the most upbeat readings in several years on Monday as the sector continued to gear up for faster growth...

Morphic Therapeutics Shares Surge After Positive Study Data for Gastrointestinal Drug Candidate While 2020 Loss Narrows
12:13PM ET 3/01/2021 MT Newswires

Morphic Therapeutics (MORF) reported positive clinical data for its drug candidate MORF-057 in the treatment of inflammatory bowel disease, sending the...

CoreLogic Fourth-Quarter Results Increase on Strong Business Segment Revenue While CoStar Boosts Takeover Offer
11:53AM ET 3/01/2021 MT Newswires

CoreLogic (CLGX) adjusted earnings per share and operating revenue increased in the fourth quarter due to organic revenue growth in business segments,...

Hilton Grand Vacations Swings to Fourth-Quarter Loss on Non-Cash Charges With Sales Hit by Pandemic
11:32AM ET 3/01/2021 MT Newswires

Hilton Grand Vacations (HGV) swung to a fourth-quarter loss on less than half the revenue reported a year earlier as the COVID-19 pandemic continued to...

Market Update

Close Update: Stocks Start Week Higher as $1.9 Trillion Stimulus Plan Advances to Senate
5:10PM ET 3/01/2021 MT Newswires
US stocks started the week on a positive note as President Joe Biden's $1.9 trillion stimulus program advanced to the Senate. The Dow Jones Industrial Average rose by 2% to 31,535.51, the S&P 500 was highe... Read more