Kadant Inc. reported a strong first quarter for 2026, with revenue rising 18% to $282 million and bookings reaching a record $321 million, driven by acquisitions and strong demand for aftermarket parts. Despite a slight decline in gross margin, net income increased 6% to $26 million, and adjusted EPS rose 14% to $2.84. The company revised its 2026 revenue guidance upward to $1.178-$1.203 billion but lowered adjusted EPS guidance slightly due to acquisition-related short-term dilution. Kadant expects continued improvement in capital project activity amid geopolitical uncertainties.
Investec Bank plc, acting as a joint broker for Gamma Communications Plc, disclosed a public dealing on July 27, 2026, involving the purchase and sale of 96,419 ordinary shares of Gamma Communications. The transactions were executed at prices ranging...
Investec Bank plc, acting as advisor and broker for Gooch & Housego plc, disclosed public dealings under the Takeover Code on July 27, 2026. The bank purchased 8,073 ordinary shares at prices between 1220 and 1230 pence and sold 6,000 shares at price...
Alstom and its partners have finalized financing for the Haifa-Nazareth light rail project in Israel, valued at around €2 billion, with Alstom's share at approximately €750 million. The 41-kilometer line will connect Haifa, Nazareth, and nearby commu...
Alstom and its consortium partners have reached financial close for the Haifa-Nazareth light rail project in Israel, a major step enabling full-scale execution. The €2 billion project will build a 41-kilometer light rail line connecting Haifa, Nazare...
The global strategy consulting market, valued at $81.51 billion in 2025, is projected to grow to $194.56 billion by 2035 with a CAGR of 9.09%. Growth is fueled by increasing demand for digital transformation, AI-powered advisory services, ESG consult...
