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Turin, 16 th September 2024. Iveco Group N.V. (EXM: IVG) plays a major role at IAA Transportation 2024, the international fair for logistics, commercial vehicles and the transport sector being held in Hannover, Germany, from 17th to 22nd September. Through its brands IVECO and FPT Industrial, the Group's extensive multi-energy offering is being showcased and several new products and innovations are being introduced.
The Israel Antiquities Authority (IAA) recently discovered the world's oldest deep-sea shipwreck in the Mediterranean Sea, 90 km off the coast of northern Israel...
The Israel Antiquities Authority (IAA) said in a statement that the ring, set with a red gem, was "exceedingly well-preserved" with no signs of rust or weathering...
PLANO, Texas--(BUSINESS WIRE)--Chargeback Gurus today announced that it has won the TITAN Gold award in the Innovation in Technology - Financial Technology (FinTech) category for its proprietary FPRONE platform. Chargeback Gurus' FPRONE stands out as a comprehensive chargeback management solution, meticulously designed to cater to businesses seeking to maximize revenue recovery while simplifying the complexities of dispute resolution. This season, the competition attracted hundreds of submissio.
When is a merger worth it? For shareholders, when it gets the buyer something it couldn't get otherwise. Unfortunately, for investors in industrial equipment purveyor Ritchie Bros. Auctioneers, that's not entirely the case in its $7 billion deal with salvage-yard operator IAA.
IAA (IAA) delivered earnings and revenue surprises of 5.17% and 0.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
IAA (IAA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Ritchie Bros. Auctioneers Inc. RBA, +0.82% RBA, +0.12% and IAA Inc. IAA, +1.78% have agreed to revise the terms of their merger, with the overall value of Ritchie Bros.
The investment and Mr. Smith's appointment are contingent on Ritchie Bros.
Multi-billion-dollar investment manager Luxor Capital Group, LP has issued an open letter expressing serious concerns about the proposed merger between Ritchie Bros Auctioneers Incorporated and IAA, Inc. Luxor Capital, which owns about 3.6% of Ritchie Bros' outstanding common shares, said it intends to vote against the merger at the company's yet-to-be scheduled special meeting of shareholders. In its letter, Luxor wrote that Ritchie Bros risks the permanent destruction of billions of dollars in shareholder value, as evidenced by the 18% drop in the company's closing share price following the announcement of the merger on November 7, 2022.