Linkers Industries announced it will acquire an additional 29% stake in Thailand-based LPW Electronics for $2.35 million, increasing its ownership from 20% to 49%. The deal includes settling $6.16 million owed by LPW to an associate. LPW operates a wire harness manufacturing facility serving automotive clients, and this acquisition aims to expand Linkers' presence in Thailand's auto sector. Following the announcement, Linkers' stock surged 32.5% in after-hours trading, reflecting investor optimism about the strategic move.
Nova Klúbburinn hf. has completed a share buyback program, acquiring 122,699,386 shares at an average price of ISK 3.26 per share. The buyback was part of an inverse offer process with valid bids for 159,526,476 shares. The company accepted bids up t...
Janus Henderson's tokenized AAA CLO fund, built with Centrifuge, provides a floating-rate credit yield of about 5.37% and daily liquidity via stablecoins. The fund targets non-US professional investors and manages around $573-$652 million across mult...
TRON has solidified its position as the primary network for Tether's USDT stablecoin, processing $19.4 billion in transfers over 24 hours and capturing about 73% of total stablecoin transfer volume in Q3 2026. The network benefits from low fees, high...
PMET Resources Inc. announced an updated mineral resource estimate for its Shaakichiuwaanaan Property in Quebec, including maiden estimates at the Helios Caesium Zone and CV4 Pegmatite. The update shows significant increases in lithium, caesium, and ...
Veeva Systems received a Buy rating due to its accelerating revenue growth, impressive 45% operating margins, and strong customer retention in regulated software. Although trading at a 70% price-to-earnings premium compared to its sector, the valuati...
