Brookfield Asset Management entered into exclusive negotiations to acquire 53.32% shareholding in Neoen at a price of 39.85 euros per share, representing a 26.9% premium over last closing price.
Cracker Barrel Old Country Store reported a 1.9% decline in third-quarter FY24 sales to $817.135 million, missing the $820.614 million estimate. Comparable store retail sales fell 3.8%, with restaurant sales down 1.5%. Despite this, adjusted EPS of $0.88 exceeded the $0.66 estimate. The company revised its FY24 sales outlook to $3.47 billion - $3.51 billion.
Nutanix reported Q3 FY24 results with revenue up 17%, ACV billings up 20%, ARR up 24%, and adjusted EPS exceeding expectations. Nutanix sees Q4 revenue below consensus and also tightened its FY24 revenue forecast.
Robinhood launches Crypto trading API, enabling US customers to trade without the app, highlighting benefits including automation, customization, and enhanced security.