EDEN PRAIRIE Logistics giant C.H. Robinson Worldwide Inc. reported a sharp increase in third-quarter profit, crediting its strategic overhaul for allowing it to gain market share and improve efficiency even as the freight industry remains in a prolonged slump. The company said that net income surged 67.6% to $163 million, or $1.34 per share, for…
WEX Inc Q3 2025 results beat expectations, company raises full-year outlook
PORTLAND – Global commerce platform WEX Inc. (NYSE: WEX) on Wednesday reported stronger-than-anticipated financial results for the third quarter, citing its strategic execution as a catalyst for returning to revenue growth and prompting an increase to its full-year profit forecast. For the three months ended Sept. 30, revenue climbed nearly 4% to $691.8 million, exceeding…
Chiba Kogyo Bank to take over subsidiaries Chiba General Lease and Chiba Kogin Computer Soft
TOKYO – The Chiba Kogyo Bank Ltd. (8337.T) said on Wednesday it will acquire all outstanding shares in two consolidated subsidiaries, Chiba General Lease Co. and Chiba Kogin Computer Soft Co., as part of a strategic move to strengthen governance and accelerate decision-making across its banking group. The bank’s board approved the plan to make…
NEC to buy U.S. software firm CSG in $2.89 billion deal to boost telecom offerings
TOKYO – Japan’s NEC Corporation (TSE: 6701) said on Wednesday it will acquire U.S.-based software company CSG Systems International, Inc. (NASDAQ: CSGS) for approximately $2.89 billion in cash, a move aimed at significantly expanding its footprint in the North American telecom technology market. The deal, one of the largest overseas acquisitions by a Japanese tech firm…
Starr signs agreement to acquire IQUW Group
NEW YORK – Starr, a global investment and insurance organization, today announced that it has entered into a definitive agreement to acquire IQUW Group. The acquisition of IQUW Group will expand the classes of business that Starr underwrites and will position the combined company for growth across a broader range of global market segments. As…
Almonty to acquire U.S. Tungsten project in strategic Montana district
TORONTO – Almonty Industries Inc. (NASDAQ: ALM), a leading global producer of tungsten concentrate, said on Tuesday it will acquire the Gentung Browns Lake Tungsten Project in Beaverhead County, Montana, marking a strategic expansion into the U.S. market amid rising defense and manufacturing demand. The deal, valued at US$9.75 million, includes US$750,000 in cash and…
Australian miner Ragusa to take controlling stake in U.S. manganese-gold project
PERTH – Australian exploration company Ragusa Minerals Ltd (RAS.AX) said on Wednesday it has executed a binding deal to acquire a controlling interest in U.S.-listed Pegasus Tel Inc (PTEL) and its Purple Pansy manganese-gold project in Arizona, tapping into Washington’s push to boost domestic supply of critical minerals. Ragusa will pay $195,303 for a 60.09%…
FINDEX to launch certified medical data platform business in Japan
TOKYO — FINDEX Inc. (3649.T), a Japanese health tech firm listed on the JPX Prime Market, said on Wednesday it will launch a new Medical Data Platform Business on Nov. 1 after receiving certification from Japan’s Cabinet Office as a “Certified Medical Information Handling Business Operator” under the Next-Generation Medical Infrastructure Act. The new business…
Polygraf AI secures $9.5mn seed round to advance trustworthy, on-premise AI security
AUSTIN – Polygraf AI, based in Austin, Texas, announced the closing of their $9.5 million seed round led by Allegis Capital and participation from Alumni Ventures, DataPower VC, Domino Ventures and previous investors to accelerate their mission to bring clarity and trust to enterprise AI. The latest round of funding will fuel product expansion, R&D,…
Tokyo Gas targets early achievement of 2030 profit goals with ¥1.3 trillion investment plan
TOKYO — Tokyo Gas Co., Ltd. (9531.T) unveiled its FY2026–2028 Medium-term Management Plan on Wednesday, aiming to accelerate profit growth and achieve its Compass2030 profit target ahead of schedule through disciplined capital recycling and strategic investments totaling up to ¥1.3 trillion. The Japanese energy giant plans to generate ¥400 billion in free cash flow and…
Littelfuse to acquire Basler Electric in $350 million deal
CHICAGO — Littelfuse, Inc. (LFUS) announced Wednesday it has reached a definitive agreement to acquire Basler Electric Company, a privately held manufacturer of electrical control and protection solutions, for approximately $350 million in cash. The deal, subject to customary adjustments, aims to expand Littelfuse’s reach in high-growth industrial markets such as grid and utility infrastructure,…
Teradyne Q3 2025 revenue rises 4.3%, fueled by strong AI test demand
NORTH READING – Teradyne, Inc. (NASDAQ: TER) on Tuesday reported 4.34% YoY increase in revenue to $769 million for the third quarter of 2025 of which $606 million was in Semiconductor Test, $88 million in Product Test, and $75 million in Robotics. According to stock filing, GAAP net income for the third quarter of 2025…