Allison Transmission is rated Hold as it approaches its Q2 earnings report on July 24. The company's revenue growth has been driven by the Dana acquisition, masking flat organic performance. Gross margins have dropped significantly from 49% to 29% post-acquisition, and operating leverage has worsened, raising concerns about sustainable earnings. Investors will focus on updates about demand in on-highway and off-highway segments, cost reduction efforts, and the impact of recent oil price volatility. Growth in the defense segment and inclusion in the S&P 400 MidCap index provide potential upside, but a Buy rating is withheld until Q2 results are released.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
