CMC announced its 2029 financial goals, targeting $1.65-$1.8 billion in core EBITDA, 15-16% EBITDA margin, 13-14.5% ROIC, and $1.375-$1.525 billion in free cash flow. The company also authorized a $600 million share repurchase program, increasing total buyback capacity to $717 million, aiming to enhance shareholder returns. CMC's leadership highlighted ongoing transformation efforts to strengthen margins and cash flow amid robust construction demand. Investors can follow the live webcast of the 2026 Investor Day for more insights.
The fourth Digital Assets & Tokenization Summit held in Singapore brought together global financial leaders, institutional investors, and tech innovators to discuss how AI, tokenization, and digital assets are transforming capital markets. Key discus...
A London-based novelist, using the pen name A. Nobody, has independently published a thriller titled "A Nobody: London Doesn't Believe in Superheroes." The story follows a masked hero who stops violent crimes in London anonymously, reflecting the aut...
Coastal Community Bank has committed $5 million to the Solomon Hess SBA Loan Fund to support small businesses in Snohomish and King Counties. This investment helps expand access to capital for businesses that may not qualify for traditional loans, fo...
Bitcoin has tested the $81,000 support level three times since October 9, with realized losses indicating selective selling rather than widespread panic. Analyst Murphy notes that realized losses fluctuated but remained below the initial October 9 le...
Bithumb suspended deposits and withdrawals for Map Protocol (MAPO) on Oct. 14 after the network stopped producing blocks, though trading remains available. Customers cannot move MAPO tokens in or out of the exchange during this pause. Bithumb will re...
