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Alico, Inc. (NASDAQ:ALCO) shares traded higher on Monday after the Florida-based agribusiness and land management company announced key changes to its operations. Alico plans to wind down Alico Citrus’ primary operations, which will include reducing most of its citrus production workforce effective immediately. Alico’s Board approved reducing up to 172 positions, with 135 employees affected by January 6, 2025, and the remainder by April 1, 2025. Alico expects that approximately 3,460 citrus acre

After a difficult 2024, American Airlines (AAL) is getting a big tailwind as it launches into 2025. The company received upgraded stock recommendations from two investment banks, TD Cowen and Jeffries (JEF).

Arbe Robotics Ltd. (NASDAQ:ARBE) shares are trading higher after the company partnered with NVIDIA Corporation (NASDAQ:NVDA) to enhance free space mapping and AI-driven capabilities for the automotive industry. The collaboration aims to advance vehicle safety and autonomy, with Arbe set to showcase its ultra-high-definition radar technology at CES 2025. Arbe said its radar technology delivers a “Grand Unified Perception Model,” integrating radar data into OEM systems for autonomous driving. It p

Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production.

Lucid stock surged on Monday after the EV maker reported upbeat sales results for the quarter and full year.

Combined, Hulu + Live TV and Fubo will become the second largest live-TV streaming platform behind YouTube TV. Disney will control 70% of the venture.

Regional Health Properties, Inc. (AMEX:RHE) and SunLink Health Systems, Inc. (AMEX:SSY) shares traded higher after the companies disclosed a merger agreement. As part of the deal, Regional Health Properties will issue 1.41 million shares of common stock and 1.41 million shares of newly authorized Series D 8% Cumulative Convertible Redeemable Preferred Stock. Notably, for every five shares of SunLink common stock, Regional will issue one share of common stock and, subject to adjustments, one shar

The company plans to open up to 650 outlets across India in ten years while initially targeting only metro cities.

The buyback comes as the ride-hailing service aims to boost its free cash flow and refocuses on autonomous vehicles.

The company reported a 49% increase in used car enquiries through its platform in the last quarter of 2024.