BARCELONA: Spanish pool equipment maker Fluidra (FLO.MC) reported a 33% rise in nine-month net profit on Wednesday, buoyed by higher sales volumes and prices across its regions, and said it was on track to meet its full-year guidance. The company, a leading supplier of pool and wellness products, posted a net profit of 163 million euros…
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C.H. Robinson profit jumps 68% as cost cuts offset freight slowdown
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…
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…
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,…
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…
Nvidia takes $1 billion stake in Nokia to collaborate on AI and 6G technology
HELSINKI — Nokia announced Tuesday that chipmaker Nvidia is acquiring a $1 billion stake in the Finnish networking company, a move that sent Nokia’s shares soaring and marks the latest in a series of strategic partnerships for the artificial intelligence giant. Under the deal, Nokia will issue more than 166 million new shares to Nvidia….
Celanese divests Micromax business to Element Solutions for $500 million
DALLAS – Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, has signed a definitive agreement to divest the Micromax portfolio of products to Element Solutions Inc (NYSE: ESI). Under the terms of the agreement, Celanese will receive approximately $500 million in cash, subject to adjustments. “The agreement to divest Micromax benefits Celanese…
LegitScript acquires Kompliant to streamline compliance for payments industry
PORTLAND: LegitScript, a leader in merchant and product certification and monitoring, announced Tuesday the acquisition of Kompliant, a compliance orchestration platform for banks and financial services providers. The strategic acquisition combines LegitScript’s risk intelligence, which uses artificial intelligence and market data, with Kompliant’s automated compliance software. The move aims to address inefficiencies in how payments…
VSE Corporation to acquire MRO provider Aero 3 for $350 million
MIAMI – VSE Corporation (NASDAQ: VSEC), a leading provider of aviation aftermarket services, announced Monday it has signed a definitive agreement to acquire Aero 3, a global maintenance, repair and overhaul (MRO) provider for aircraft wheels and brakes, for $350 million in cash. The acquisition of Aero 3, a portfolio company of GenNx360 Capital Partners, significantly…
Taylor Corp. acquires print on demand firm Gooten Inc.
NORTH MANKATO — Taylor Corporation, a global print and communications company, announced Thursday it has acquired Gooten, Inc., a technology and fulfillment provider specializing in the print on demand market. The acquisition will combine Gooten’s OrderMesh technology platform and fulfillment network with Taylor’s national manufacturing footprint and global development expertise. Financial terms of the deal…