Silver Point Capital's Direct Lending business led a $650 million term loan to finance Stryten Energy's acquisition of C&D Technologies and Trojan Battery Company. This merger forms a leading battery manufacturing platform with 18 facilities across the US, Mexico, and China, serving diverse sectors including transportation and military. Silver Point continues its partnership with Stryten, supporting growth and enhanced service capabilities. The acquisition closed on October 1, 2026, positioning the combined company as a key player in energy storage solutions.
Silver Point Capital's financing deal for Stryten Energy's acquisition of C&D Trojan is the subject, with Pluang's Industrials sector market data as context. As of Oct 07, 2026 19:12 WIB, out of 93 priced Industrials-sector US stocks tradable on Pluang, 25 rose and 65 fell. Notable movers include ZIM at USD 30.10 with a 3.08% increase and a typical hold time of 27 days, PL at USD 18.00 down 3.07% with 57% sell order activity, and EOSE at USD 3.17 down 2.76% with 54% sell order activity.
BNP Paribas lowered Hormel Foods' price target from $26 to $23, indicating a potential 16.2% upside from its current price of around $19.80. Despite a 50.5% decline in its share price over five years, Hormel Foods remains attractive for dividend inve...
Barclays initiated coverage of Becton, Dickinson and Company (BDX) with an "Underweight" rating, indicating a cautious outlook for the medical technology stock. BDX is partnering with the U.S. government to boost domestic manufacturing and strengthen...
Morgan Stanley increased its price target for Eli Lilly to $1,430 from $1,419, maintaining an Overweight rating. This new target implies a potential upside of about 20.8% from the current share price of around $1,184. The adjustment reflects updated ...
Arthur J. Gallagher expects about 6% organic growth in Q3, driven by strong client retention and new business despite easing property insurance pricing. Cantor Fitzgerald lowered its price target to $280, below the $288 average from 19 analysts who m...
Needham raised Zscaler's price target to $255, citing strong demand for AI-related cybersecurity solutions. Zscaler aims to exceed $8 billion in annual recurring revenue by fiscal 2031, driven by increasing needs to protect against AI-powered cyberat...
