TravelCenters of America (TA) stock rose as much as 70% on Thursday after the company announced BP’s (BP) North America subsidiary would buy the fuel and service center operator in a $1.3 billion, all-cash deal. BP said in a release acquiring TA’s “strategically-located network of highway sites” complements its off-highway …
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Eye-care company Bausch + Lomb Corp. named Brent Saunders as chief executive officer and chairman of its board. Mr. Saunders will succeed Joseph Papa, who had said last July that he would step down from his roles running the company and serving on its board. Bausch + Lomb announced the …
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Airbnb Inc. on Tuesday reported record fourth-quarter revenue and profit to achieve its first profitable year, and executives provided a first-quarter forecast that exceeded Wall Street estimates despite plans for price cuts. Airbnb ABNB, +3.82% shares rose more than 10% in after-hours trading immediately following the release of the results, …
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SolarEdge (SEDG) reported fourth-quarter results late Monday that crushed earnings and beat on revenue. SEDG stock jumped on the news. The maker of solar components reported adjusted earnings of $2.86 a share on revenue of $890 million. Analysts expected SolarEdge to report earnings of $1.54 a share on revenue of …
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Sad young woman sitting on the window, watching out – stock photoTunatura/Getty Images Most depression treatments don’t work quickly and are meant to be taken for long periods of time. Sage Therapeutics is developing a fast-acting drug that patients take for two weeks. Dr. Laura Gault told Insider that psychiatry …
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