Allison Transmission Holdings Inc. reported a strong first quarter with net sales of $1.406 billion, an 84% increase year-over-year, largely due to the acquisition of the Allison Off-Highway business. Net income was $112 million, representing 8% of net sales, with adjusted diluted EPS rising 6% to $2.57. The company also announced a dividend increase and stock repurchase, signaling confidence in its growth strategy. Full-year guidance was reaffirmed despite geopolitical uncertainties, expecting continued benefits from the Off-Highway acquisition and strong cash flow generation.
Johnson & Johnson has reached a historic $5.5 billion settlement to resolve claims from about 70,000 women and families alleging its talc products, including Johnson's Baby Powder, contained asbestos and caused cancers such as ovarian cancer and meso...
Catalyst Acquisition Corp. announced the pricing of its initial public offering (IPO) at $10 per unit, raising $200 million by offering 20 million units. The units, each including one Class A ordinary share and a partial share right, will begin tradi...
Century Aluminum Company announced it will report its second quarter 2026 earnings on August 6, 2026, after the market closes. The company will also host a live conference call at 5:00 p.m. Eastern time the same day, accessible via its website. This ...
Kelso Technologies posted a 28% revenue increase in Q2 2026 to $2.25 million, signaling recovery from a weak start to the year despite a challenging industry environment with declining tank car deliveries. The company is actively reducing costs and p...
BitMEX, a pioneering crypto exchange known for 100x leverage perpetual swaps, and BitMart, once a top 10 exchange, have both announced shutdowns after years of operation. Unlike the FTX collapse, BitMEX's closure is orderly without insolvency, though...
