KLX Energy forecast third-quarter revenue of $180 million to $185 million and an adjusted EBITDA margin of 13% to 14%.
Author: Global Macro News Desk
Iridium shareholders approved the company’s acquisition by Rocket Lab, with 99.6% of votes cast supporting the transaction.
Select Water agreed to acquire Pilot Water for $600 million in cash and $100 million in stock, plus a potential earnout.
The September jobs report, PCE inflation, JOLTS and Micron earnings lead the market calendar for September 28 through October 2.
RBA board member Iain Ross said current wage-setting institutions and anchored expectations make a wage-price spiral unlikely in Australia.
BlackBerry and Vector secured their first Alloy Kore design win as Coretura selected the software foundation for commercial vehicles.
Fed Vice Chair Philip Jefferson said faster discount-window access can reduce forced Treasury sales during periods of market stress.
Hycroft is evaluating underground development, processing alternatives and a possible heap-leach restart at its Nevada gold and silver mine.
Titan International agreed to sell its ITM undercarriage business to USCO in a transaction carrying up to about $285 million in total cash value.
Advanced nuclear developer newcleo completed its SPAC combination, raised $247 million and is set to begin Nasdaq trading under NWCL.
