Terex Corporation reported a 41% increase in Q1 2026 sales to $1.7 billion, with adjusted EPS from continuing operations at $0.98, despite a GAAP loss due to merger-related charges. The company’s backlog rose to $7.1 billion, supporting strong forward visibility. Terex reaffirmed its 2026 outlook, expecting sales between $7.5 billion and $8.1 billion and EBITDA of $930 million to $1 billion, driven by integration synergies and growth across segments. The Specialty Vehicles segment, added through the REV Group acquisition, contributed positively, and the company aims to achieve $75 million in annual synergies within two years.
Nexans and Hydro have agreed on a five-year contract for about 85,000 tonnes of low-carbon aluminium wire rod to support Europe's electricity grid modernization. This aluminium, produced using 100% renewable energy in Norway, will help reduce carbon ...
Nexans and Hydro have agreed on a five-year supply contract for about 85,000 tons of low-carbon aluminum wire rod to support the modernization and decarbonization of Europe's electrical grid. The aluminum, produced in Norway using 100% renewable ener...
Scilex Holding Company announced a binding term sheet with Kazakhstan-based iHolding Group LLP for a $100 million investment, purchasing about 6.67 million shares at $15 each. This funding aims to support Scilex's strategic growth in healthcare, prod...
Following Shell's interim dividend payment for Q1 2026 on June 29, several senior executives, including CEO Wael Sawan and CFO Sinead Gorman, acquired shares through dividend reinvestment plans. These shares were obtained in respect of shares previou...
The global aliphatic hydrocarbon solvents and thinners market is projected to grow from $5.26 billion in 2026 to $6.81 billion by 2032, at a CAGR of 4.4%. Growth is fueled by rising demand in coatings, adhesives, and industrial maintenance, with mine...
