Matthews International reported a solid quarter, maintaining flat organic sales in its Memorialization segment despite industry volume challenges. The Propelis unit, with a $130 million EBITDA run rate and ongoing synergy realization, significantly supports the company's valuation, with plans to divest it within 18 to 24 months. The Industrial Tech segment shows promising signs, including resumed commercial launches, legal patent wins, and a backlog exceeding $100 million. Matthews is strengthening its position through deleveraging and accretive acquisitions, though further improvements in cost of capital and Industrial Tech execution could enhance investor confidence.
Lin Hui, President of the Shenzhen Chamber of Commerce, led a delegation to Munich on June 23 to attend The smarter E Europe, a leading European new energy trade fair. The visit focused on strengthening cooperation between Shenzhen and Europe in phot...
Sigenergy has introduced SigenStor Neo, a next-generation all-in-one residential energy storage system enhanced by AI, designed for full home energy autonomy. This system integrates five key components including a photovoltaic inverter, battery, powe...
Sigenergy has introduced SigenStor Neo, a next-generation all-in-one home energy storage system designed for full energy independence. The system integrates five key components—including PV inverter, battery, and energy management—into a compact unit...
Bitcoin and Ethereum prices slipped slightly as overall cryptocurrency trading volumes declined across spot, derivatives, and DeFi markets. This drop in activity reflects reduced risk appetite among traders and a broader market slowdown, with Bitcoin...
Ethereum co-founder Vitalik Buterin has outlined a major upgrade plan called "Strawmap," involving about seven hard forks from 2026 to 2030. The upgrades prioritize quantum resistance, operational simplification, and statelessness using Verkle Trees....
