All articles tagged with #cintas
Cintas made a renewed $275 per share bid to acquire UniFirst, leading to a 16% increase in UniFirst's stock price, as the company addresses regulatory concerns and offers a substantial reverse termination fee to secure the deal.
Cintas shares fell after the company reported its fiscal first-quarter earnings, beating revenue forecasts but falling slightly short on earnings per share. Pinterest shares declined after HSBC initiated coverage with a buy rating. United Natural Foods saw a significant drop in shares after forecasting earnings below analysts' estimates. Fisker shares climbed after Bank of America initiated coverage with a buy rating. Bank stocks, including Wells Fargo and Goldman Sachs, declined after JPMorgan Chase CEO Jamie Dimon warned of potential interest rate hikes. SiriusXM shares slipped following a proposal from Liberty Media to combine the two corporate structures. DraftKings shares jumped after JPMorgan upgraded the stock. Barclays shares rose after Morgan Stanley upgraded the bank. Amazon shares dropped after the FTC and state attorneys general sued the company for alleged antitrust violations.