Stock News

MarketAxess brings 4 local currencies to Open Trading model

MarketAxess Holdings Inc, an operator of an electronic trading platform for fixed-income securities, said on Tuesday that it had enhanced its Open Trading solution for local currency bonds. The first tranche of local currency markets, which will now be supported, include Poland, Czech Republic, Hungary and South Africa. The launch of Open Trading for emerging […] Read more

ASSA ABLOY announces acquisition of Brazil’s Inovadoor

ASSA ABLOY said on Tuesday that it had acquired Inovadoor Portas Industriais Ltda, a Brazil-based manufacturer of sectional and high-speed doors. Inovadoor Portas Industriais was established in 1997 and it currently employs about 100 people. The firm’s sales equaled about BRL 52 million (nearly SEK 100 million) for the full year 2022. The acquisition will […] Read more

Olin completes acquisition of White Flyer Targets

Olin Corp, a global manufacturer and distributor of chemical products and a leading manufacturer of ammunition in the United States, said on Monday that it had finalized the previously announced acquisition of White Flyer Targets. The transaction was funded with cash on hand, Olin said. White Flyer will be combined with Olin Corp’s Winchester Ammunition […] Read more

BBVA begins 1 billion euro share repurchase programme

Spanish lender BBVA said on Monday that it would begin a EUR 1 billion share buyback programme. Up to 564.6 million outstanding shares will be bought on the stock market by September 2024, BBVA said in a stock market filing. Yet, the programme may be suspended at any time, the bank said. The share repurchase […] Read more

Halifax to acquire Sodexo’s worldwide home care division

The Halifax Group, a middle market private equity firm, said on Friday it had agreed to acquire the Worldwide Home Care division of Sodexo (“the Company”), including its home care subsidiaries in the US, the UK, Ireland, Brazil, France, Denmark, Norway and Sweden. Yet, the financial details of the acquisition remained undisclosed. Based in Irvine, […] Read more

Albemarle to collaborate with Caterpillar on sustainable mining technologies

Albemarle Corporation, a provider of essential elements for mobility, energy, connectivity and health, said this week it had signed agreements with Caterpillar Inc to collaborate on solutions to support the full circular battery value chain and sustainable mining operations. The collaboration is expected to help Albemarle establish Kings Mountain N.C. as the first-ever zero-emissions lithium […] Read more

Nucor to develop 500 MW fusion power plant with Helion

Nucor Corporation said on Wednesday that it would collaborate with Helion, a fusion power company, to develop a 500 MW fusion power plant. The project is expected to provide baseload zero-carbon electricity from fusion directly to a Nucor steel-making facility. Nucor Corp said it would directly invest $35 million in Helion to speed up fusion […] Read more

JPMorgan’s British bank Chase to prohibit crypto transactions

JPMorgan’s UK retail bank Chase has decided to prohibit crypto transactions conducted by clients from October 16th amid an increase in cases of fraud and scams, the lender announced this week. “We’ve seen an increase in the number of crypto scams targeting UK consumers, so we have taken the decision to prevent the purchase of […] Read more

Azenta appoints new Chief Financial Officer

Azenta Inc said on Tuesday that it had appointed Herman Cueto as its next Executive Vice President and Chief Financial Officer, effective October 16th. He will succeed Lindon Robertson, who is to retire and will remain as an advisor in order to facilitate a seamless transition. Most recently, Cueto was Senior Vice President of Finance […] Read more

Air Canada to purchase 18 Boeing 787 Dreamliner jets

Air Canada has signed an agreement with Boeing Co to purchase 18 widebody 787 Dreamliner aircraft, as the air carrier seeks to deploy fuel-efficient jets amid robust travel demand. “The 787 is highly fuel efficient and will generate operational savings as well as support our sustainability goals of reducing emissions,” Air Canada’s Chief Executive Officer […] Read more