Samsara said the new integration will allow customers to access data on Rivian vehicles in their fleet on the Samsara Platform, eliminating the need for managers to navigate multiple systems.
The transaction, initially valued at $311 million, could reach up to $391 million through an $80 million earn-out opportunity in future years based on the performance of the Dockers business under Authentic’s ownership.
A report from the Wall Street Journal noted that Taneja's compensation is more than that of most chief executives and the highest paid to a CFO since modern reporting began in 2006.
According to Finchat, analysts expect the Santa Clara, California-based company to report third-quarter adjusted earnings per share of $0.77 on revenue of $2.28 billion.
The sportswear company has laid off some staff in its strategic enterprise and corporate functions departments, and outsourced some of the work, according to Bloomberg News.
Jeremy Barnum also said that the combination of inflation and large fiscal deficits may constrain the available policy responses in ways that further increase the risk.
Morgan Stanley analyst Adam Jonas said that valuing Tesla as purely an auto retailer would be akin to valuing Amazon as solely an online retailer or Apple as a seller of glowing rectangles and earbuds.
Upon closing of the deal, 23andMe will be operated as a wholly owned direct or indirect unit of Regeneron and will continue operations as a personal genomics service.
Investors have grown cautious of retail businesses in an environment marked by an uncertain tariff policy, high inflation, and unpredictable consumer behavior.
The combined entity, which will change its name to Cox Communications within one year of the deal's closing, will assume Cox's approximately $12 billion in outstanding debt.
