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Business - Page 13

Stanley will pay you to give back your Quencher tumblers — here’s what to know
2025-09-27

Stanley will pay you to give back your Quencher tumblers — here’s what to know

You don't have to get rid of those worn out Quencher tumblers as Stanley will pay you to give them back as part of its Take Back Program. Here's everything you need to know.

Bills vs. Saints: Score prediction, odds boosts, best bet, anytime TD and player projections for Sunday
2025-09-27

Bills vs. Saints: Score prediction, odds boosts, best bet, anytime TD and player projections for Sunday

Get the latest Bills vs. Saints betting preview for Week 4 with Bet365 parlay boosts, best bets, player props, and projected stats. See why Buffalo is a heavy home favorite.

Emerson Electric Co. (EMR) Launches Guardian Virtual Advisory, an AI-Powered Software Solution
2025-09-27

Emerson Electric Co. (EMR) Launches Guardian Virtual Advisory, an AI-Powered Software Solution

Emerson Electric Co. (NYSE:EMR) is one of the 13 Best Diversified Stocks to Buy According to Hedge Funds. On September 23, 2025, Emerson Electric Co. (NYSE:EMR) launched Guardian Virtual Advisory, an AI-powered software solution. The software is designed to optimize industrial automation systems and improve operational efficiency, allowing users to input natural language questions and [...]

Johnson & Johnson (JNJ) to Withdraw the LINC Reflux Management System from Markets Outside the U.S.
2025-09-27

Johnson & Johnson (JNJ) to Withdraw the LINC Reflux Management System from Markets Outside the U.S.

With significant upside potential, Johnson & Johnson (NYSE:JNJ) secures a spot on our list of the 13 Best Diversified Stocks to Buy According to Hedge Funds. On September 23, 2025, Johnson & Johnson (NYSE:JNJ) announced that it will withdraw the LINC Reflux Management System from markets outside the U.S. by the end of March 2026 [...]

Amazon.com, Inc. (AMZN) Shutters All 19 of Its Fresh Supermarkets in the U.K., Files a Lawsuit in Brooklyn Federal Court
2025-09-27

Amazon.com, Inc. (AMZN) Shutters All 19 of Its Fresh Supermarkets in the U.K., Files a Lawsuit in Brooklyn Federal Court

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 13 Best Diversified Stocks to Buy According to Hedge Funds. On September 23, 2025, Amazon.com, Inc. (NASDAQ:AMZN) decided to shutter all 19 of its Fresh supermarkets in the U.K., following a review of its physical grocery operations. However, five of those stores will be converted into Whole Foods [...]

BWX Technologies, Inc. (BWXT)’s Kinectrics Division Secures a Multi-Year Contract From Sumitomo Electric Industries
2025-09-27

BWX Technologies, Inc. (BWXT)’s Kinectrics Division Secures a Multi-Year Contract From Sumitomo Electric Industries

With significant upside potential, BWX Technologies, Inc. (NYSE:BWXT) secures a spot on our list of the 10 Best Defense Contractor Stocks to Buy Now. On September 23, 2025, BWX Technologies, Inc. (NYSE:BWXT) announced its Kinectrics division, which secured a multi-year contract from Sumitomo Electric Industries to provide commissioning testing services for Germany’s A-Nord Corridor project. [...]

L3Harris Technologies, Inc. (LHX) Presents an AI-Enabled Drone Detection System at the Department of War’s Technology Readiness Experimentation Event
2025-09-27

L3Harris Technologies, Inc. (LHX) Presents an AI-Enabled Drone Detection System at the Department of War’s Technology Readiness Experimentation Event

L3Harris Technologies, Inc. (NYSE:LHX) is one of the 10 Best Defense Contractor Stocks to Buy Now. On September 22, 2025, L3Harris Technologies, Inc. (NYSE:LHX) successfully presented an AI-enabled drone detection system at the Department of War’s Technology Readiness Experimentation event in Melbourne, Florida. It demonstrated the drone detection system alongside Shield AI. With this demonstration, [...]

Curtiss-Wright Corporation (CW) Reaches Its Record High of $518.00
2025-09-27

Curtiss-Wright Corporation (CW) Reaches Its Record High of $518.00

With significant upside potential, Curtiss-Wright Corporation (NYSE:CW) secures a spot on our list of the 10 Best Defense Contractor Stocks to Buy Now. On September 15, 2025, Curtiss-Wright Corporation (NYSE:CW) reached its record high of $518.00, marking a 46.03% return on a year-to-date basis and a 55.98% return in the past year. Furthermore, Curtiss-Wright Corporation [...]

General Dynamics Corporation (GD)’s Subsidiary General Dynamics Land Systems Collaborates with Daimler Truck Holding AG
2025-09-27

General Dynamics Corporation (GD)’s Subsidiary General Dynamics Land Systems Collaborates with Daimler Truck Holding AG

General Dynamics Corporation (NYSE:GD) is one of the 10 Best Defense Contractor Stocks to Buy Now. On September 19, 2025, General Dynamics Corporation (NYSE:GD) announced its subsidiary General Dynamics Land Systems’ collaboration with Daimler Truck Holding AG. The collaboration, relating to military vehicles, aims at winning more contracts as global defense spending accelerates. This collaboration [...]

Dedrone by Axon Enterprise, Inc. (AXON) Partners with Mobile Camera Security (MCS)
2025-09-27

Dedrone by Axon Enterprise, Inc. (AXON) Partners with Mobile Camera Security (MCS)

With significant upside potential, Axon Enterprise, Inc. (NASDAQ:AXON) secures a spot on our list of the 10 Best Defense Contractor Stocks to Buy Now. On September 15, 2025, Dedrone by Axon Enterprise, Inc. (NASDAQ:AXON) announced its partnership with Mobile Camera Security (MCS) to develop and manufacture a locally produced DedroneRapidResponse counter-drone trailer for the Australian, [...]

Negotiations Between the U.S. and China Over The Boeing Company (BA) Aircraft Order Moves Into Its Final Stages
2025-09-27

Negotiations Between the U.S. and China Over The Boeing Company (BA) Aircraft Order Moves Into Its Final Stages

The Boeing Company (NYSE:BA) is one of the 10 Best Defense Contractor Stocks to Buy Now. On September 23, 2025, negotiations between the U.S. and China over a Boeing aircraft order, which is “huge” according to Ambassador David Perdue, moved into its final stages. This reflects the renewed demand from one of the company’s biggest [...]

2025-09-27

The 2025 BPD Singapore Conference Has Concluded Successfully! Jointly Embarking on a New Journey for Global Development

SINGAPORE, Sept. 26, 2025 /PRNewswire/ -- The 2025 BPD (Biopharmaceutical Bioprocess Development) Singapore Summit, which co-hosted by WuXi XDC (Stock Code: 2268.HK), was successfully concluded from September 24-26, 2025. The conference brought together leading biopharmaceutical companies...

East WilCo Highway Project aims to keep pace with growth
2025-09-27

East WilCo Highway Project aims to keep pace with growth

The Williamson County Commission approved $25 million in funding for the East WilCo Highway Project.

Sultan bin Ahmed visita vila de Al Rahma no Sri Lanka
2025-09-27

Sultan bin Ahmed visita vila de Al Rahma no Sri Lanka

COLOMBO, Sri Lanka--(BUSINESS WIRE)--set 26, 2025--

Northern Dynasty Minerals: Receives Another $12 Million Investment While Preparing For The Court Case
2025-09-27

Northern Dynasty Minerals: Receives Another $12 Million Investment While Preparing For The Court Case

Northern Dynasty secures $12M in royalty funding, ensuring operations through 2027. The final US$12 million tranche is due by 2025-end. See more on NAK stock.

Gigantic airborne wind turbine with 1.2-megawatt output successfully tested in China
2025-09-27

Gigantic airborne wind turbine with 1.2-megawatt output successfully tested in China

Following earlier reports that it was set for testing, China's mammoth airborne wind turbine — S1500 — has successfully completed its test flight in the desert region of Hami, Xinjiang.

NextEra picks MARL path through Mon, Preston counties
2025-09-27

NextEra picks MARL path through Mon, Preston counties

Sep. 26—MORGANTOWN — Two segments in Monongalia County and the entire width of northern Preston County are included in NextEra Energy Transmission's...

KBR SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against KBR, Inc. - KBR
2025-09-27

KBR SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against KBR, Inc. - KBR

NEW YORK and NEW ORLEANS, Sept. 26, 2025 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilNovember 18, 2025 to file lead plaintiff applications in a securities class action...

CYTOKINETICS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Cytokinetics, Incorporated - CYTK
2025-09-27

CYTOKINETICS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Cytokinetics, Incorporated - CYTK

NEW YORK and NEW ORLEANS, Sept. 26, 2025 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilNovember 17, 2025 to file lead plaintiff applications in a securities class action...

FLUOR CORPORATION SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Fluor Corporation - FLR
2025-09-27

FLUOR CORPORATION SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Fluor Corporation - FLR

NEW YORK and NEW ORLEANS, Sept. 26, 2025 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilNovember 14, 2025 to file lead plaintiff applications in a securities class action...

FOX45: Maryland budget debate reignites over deficit, new taxes
2025-09-27

FOX45: Maryland budget debate reignites over deficit, new taxes

Maryland leaders are debating the state’s budget as residents and Republicans raise concerns about rising taxes, fees and energy costs.

V.F. CORPORATION SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against V.F. Corporation - VFC
2025-09-27

V.F. CORPORATION SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against V.F. Corporation - VFC

NEW YORK and NEW ORLEANS, Sept. 26, 2025 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilNovember 12, 2025 to file lead plaintiff applications in a securities class action...

Citing national security risks, grant funds upgrades to Guam’s sole fuel pier
2025-09-27

Citing national security risks, grant funds upgrades to Guam’s sole fuel pier

Guam's entire energy supply powering homes, businesses, and U.S. military installations currently depends on a single pier, according to the Port Authority of Guam, which highlighted the importance of a $4.8 million investment into energy security and national defense.

C3.AI SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against C3.ai, Inc. - AI
2025-09-27

C3.AI SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against C3.ai, Inc. - AI

NEW YORK and NEW ORLEANS, Sept. 26, 2025 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilOctober 21, 2025 to file lead plaintiff applications in a securities class action...

SNAP SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Snap Inc. - SNAP
2025-09-27

SNAP SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Snap Inc. - SNAP

NEW YORK and NEW ORLEANS, Sept. 26, 2025 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilOctober 20, 2025 to file lead plaintiff applications in a securities class action...

KINDERCARE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against KinderCare Learning Companies, Inc. - KLC
2025-09-27

KINDERCARE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against KinderCare Learning Companies, Inc. - KLC

NEW YORK and NEW ORLEANS, Sept. 26, 2025 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilOctober 13, 2025 to file lead plaintiff applications in a securities class action...

Interac users report debit payment issues, service provider acknowledges problems but says system 'operated normally'
2025-09-27

Interac users report debit payment issues, service provider acknowledges problems but says system 'operated normally'

The issue appears to have begun around 4 p.m., according to the outage report, and more than 1,500 users reported outages around 6 p.m.

SELECTQUOTE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against SelectQuote, Inc. - SLQT
2025-09-27

SELECTQUOTE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against SelectQuote, Inc. - SLQT

NEW YORK and NEW ORLEANS, Sept. 26, 2025 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilOctober 10, 2025 to file lead plaintiff applications in a securities class action...

Joann is back from the dead, but now inside Michaels stores
2025-09-27

Joann is back from the dead, but now inside Michaels stores

The once-popular, now bankrupt fabric store, Joann, is being resurrected by its previous competitor, Michaels.

LG&E and KU employees complete nearly 800 volunteer hours during Day of Caring
2025-09-26

LG&E and KU employees complete nearly 800 volunteer hours during Day of Caring

On Thursday, Sept. 18, more than 300 employees of Louisville Gas and Electric Company and Kentucky Utilities Company volunteered with 25 local non-profit organizations to help serve communities across the company’s service area in an enterprise-wide Day of Caring. The...

Sprouts Farmers Market, Inc. (SFM) Awards 550+ In-Store Donations In Single Day
2025-09-26

Sprouts Farmers Market, Inc. (SFM) Awards 550+ In-Store Donations In Single Day

Sprouts Farmers Market, Inc. (NASDAQ:SFM) is among the Renaissance Technologies Portfolio: 10 Biggest Stocks. In a press release dated September 15, the company announced that Sprouts Healthy Communities Foundation awarded over 550 in-store donations during its recent Sprouting Healthy Communities Day. The company’s stores across all 450 neighborhoods hosted live in-store check presentations and awarded [...]

Starbucks is closing Government Center’s iconic steaming kettle location
2025-09-26

Starbucks is closing Government Center’s iconic steaming kettle location

The company says the closure is part of a broader restructuring plan that targets "Grab & Go” locations and underperforming stores.The post Starbucks is closing Government Center’s iconic steaming kettle location appeared first on Boston.com.

S&P 500: P/E And Interest Rates Scare Me More Than Record Buffett Indicator
2025-09-26

S&P 500: P/E And Interest Rates Scare Me More Than Record Buffett Indicator

The Buffett Indicator has reached a record high, but its relevance is diminished by the global revenue exposure of major U.S. companies. Click for a look at what may impact the economy.

BNP Paribas Exane Initiates Spotify Technology S.A. (SPOT) Coverage With Outperform Rating
2025-09-26

BNP Paribas Exane Initiates Spotify Technology S.A. (SPOT) Coverage With Outperform Rating

Spotify Technology S.A. (NYSE:SPOT) is among the Renaissance Technologies Portfolio: 10 Biggest Stocks. On September 16, BNP Paribas Exane initiated coverage of the stock with an Outperform rating and announced a price target of $900 for its shares. The firm highlighted the company’s status as a global market leader against rival firms in the segment in [...]

Morgan Stanley Maintains Overweight Rating For Exelixis, Inc. (EXEL), Price Target Raised To $50
2025-09-26

Morgan Stanley Maintains Overweight Rating For Exelixis, Inc. (EXEL), Price Target Raised To $50

Exelixis, Inc. (NASDAQ:EXEL) is among the Renaissance Technologies Portfolio: 10 Biggest Stocks. On September 17, Morgan Stanley raised the stock’s price target to $50 from $46, while maintaining an Overweight rating for its shares. In a research note to investors, the analyst noted that Zanzalintinib presents a significant opportunity for the company, with near-term catalysts [...]

Why Is IREN Stock Falling Today?
2025-09-26

Why Is IREN Stock Falling Today?

JPMorgan cited that IREN’s valuation appears to reflect expectations around a massive colocation agreement exceeding one gigawatt at its Sweetwater [...]

Open-air shopping center, anchored by Kroger, coming to fast-growing Collin County city
2025-09-26

Open-air shopping center, anchored by Kroger, coming to fast-growing Collin County city

The first of two open-air shopping centers planned for Collin County will feature a Kroger store and other retailers.

2025-09-26

Report: Florida surplus is $2,900 per taxpayer

(The Center Square) – Florida has more than enough money to pay its outstanding bills and earned a B grade in the 16th annual Financial State of the States 2025 report.

Silver Momentum Builds Toward $49.97 as 360-Day Cycle Extends
2025-09-26

Silver Momentum Builds Toward $49.97 as 360-Day Cycle Extends

Market Analysis by covering: Silver Futures. Read 's Market Analysis on Investing.com CA.

British American Tobacco Still Warrants A Premium P/E (Rating Downgrade)
2025-09-26

British American Tobacco Still Warrants A Premium P/E (Rating Downgrade)

British American Tobacco is downgraded to a "Hold" after a 46% return, with shares now near fair value. Click here to read an analysis of BIT stock now.

September 13 – Kozak Financial Group
2025-09-26

September 13 – Kozak Financial Group

Kozak Financial Group, Talk to the Experts at 11 am on QR Calgary. Wade Kozak and his team of experts have advised high-net-worth Canadians on their financial concerns for over 25 years. Their income-oriented approach to wealth and retirement planning provides a clear picture of the income stream you can draw in retirement or the...

Jim Haney Appointed Chief Financial Officer at Trident
2025-09-26

Jim Haney Appointed Chief Financial Officer at Trident

Jim Haney has been selected as the new chief financial officer of Trident Solutions. The ATL Partners-backed company said Thursday Haney’s hiring is crucial to its efforts to establish itself as a focused, multi-domain defense electronics platform. Trident CEO Lorin Hattrup emphasized that Haney’s expertise in defense electronics and financial strategy will be crucial for [...]

Loop Capital Upgrades Netflix, Inc. (NFLX) To Buy, Lifts Price Target
2025-09-26

Loop Capital Upgrades Netflix, Inc. (NFLX) To Buy, Lifts Price Target

Netflix, Inc. (NASDAQ:NFLX) is among the Renaissance Technologies Portfolio: 10 Biggest Stocks. On September 17, Loop Capital analyst Alan Gould upgraded the stock’s rating to Buy from Hold, and also lifted his price target to $1,350 per share from $1,150. The revised forecast represents a further 11% upside potential for the stock, which has already [...]

Auto Industry Wrestles With Challenge of Tariffs and Cautious Consumers
2025-09-26

Auto Industry Wrestles With Challenge of Tariffs and Cautious Consumers

The auto industry is reportedly being rocked by tariffs, the expense of electrification and cautious consumers. The troubles of some companies in this sector may signal difficulties to come in the broader economy, the Wall Street Journal (WSJ) reported Thursday (Sept. 25). The report pointed to used car seller CarMax saying that its sales [...]The post Auto Industry Wrestles With Challenge of Tariffs and Cautious Consumers appeared first on PYMNTS.com.

Hong Kong lawmakers pass bill to ban substandard tiny apartments
2025-09-26

Hong Kong lawmakers pass bill to ban substandard tiny apartments

Hong Kong lawmakers have passed a bill to ban inadequate housing in subdivided apartments.

Claremont internal review confirms district deficit is more than $5 million
2025-09-26

Claremont internal review confirms district deficit is more than $5 million

Interim Superintendent Kerry Kennedy said officials hope to share more details at the next school board meeting, scheduled for Wednesday.

pcc Practice BuilderTM Expands Into Chiropractic and Dentistry Marketing
2025-09-26

pcc Practice BuilderTM Expands Into Chiropractic and Dentistry Marketing

METUCHEN, N.J., Sept. 25, 2025 /PRNewswire/ -- pcc Practice BuilderTM, a trusted provider of podiatry marketing for more than 14 years, has announced its expansion into the chiropractic and dentistry markets. The company will now deliver its proven digital marketing solutions to a wider...

Barclays says dollar resilience to persist as U.S. economy rebounds
2025-09-26

Barclays says dollar resilience to persist as U.S. economy rebounds

Barclays currency strategists say the U.S. dollar has shown unexpected resilience, trading in a narrow range over the past few months despite what they describe as “extraordinarily bearish events.” The greenback fell sharply between February and May but has since steadied, showing little further weakness even as data softened and Fed credibility came under pressure.Looking ahead, Barclays expects the U.S. economy to rebound, which could underpin the dollar’s strength. The bank cautioned, however, that risks tied to the independence of the Federal Reserve remain a potential headwind. This article was written by Eamonn Sheridan at investinglive.com.

Inflation causing problems for West Valley city's road maintenance
2025-09-26

Inflation causing problems for West Valley city's road maintenance

The city of Goodyear has seen prices for materials go up, which is forcing it to prioritize which streets need repairs first

Trump's New Tariff Barrage Targets Drugs, Trucks, Cabinets: President Says Move Will Protect Manufacturers From 'Unfair Outside Competition'
2025-09-26

Trump's New Tariff Barrage Targets Drugs, Trucks, Cabinets: President Says Move Will Protect Manufacturers From 'Unfair Outside Competition'

President Donald Trump announced a barrage of new tariffs on Thursday, aimed at pharmaceuticals, heavy trucks and home furnishings in particular, to shore up domestic industry in these sectors, and protect American manufacturers from “unfair outside competition.”Large Scale ‘Flooding’ of Products Into The U.S.The administration announced a 100% tariff on all imported branded or patented pharmaceuticals, which can be waived for those companies that have already begun constructing manufacturing plants in the United States. See Also: Trump Tariffs Fueling Inflation, Warn Economists As 72% Of CPI Components Surge Past Fed’s Target: ‘Inflation Risks Are Rising’Trump said the move is intended to reshore critical drug production and reduce the industry and the country’s dependency on foreign suppliers, according to a Reuters report.Additionally, imported heavy-duty trucks and kitchen cabinets will be subject to a tariff of 25% and 50%, respectively, with an additional 50% levy on bathroom vanities and a 30% tax on upholstered furniture, effective next week. All tariff measures are set to take effect on October 1. “The reason for this is the large-scale ‘FLOODING' of these products into the United States by other outside Countries,” Trump said ...Full story available on Benzinga.com

Massive Gains: 10 Stocks Investors Can’t Stop Buying
2025-09-26

Massive Gains: 10 Stocks Investors Can’t Stop Buying

Investors turned generally cautious on Thursday, as evidenced by the lackluster performance of Wall Street’s major indices, as they went in a wait-and-see mode ahead of the US inflation data for August due tomorrow, September 26. But while the market struggled, 10 companies broke away from the pack, posting gains and drawing massive investor attention [...]

Avis Budget: Used Car Upside Not Materializing (Rating Downgrade)
2025-09-26

Avis Budget: Used Car Upside Not Materializing (Rating Downgrade)

Avis Budget's fundamentals do not justify current prices; investors should exit positions. Click here to see why CAR stock is a Sell.

2025-09-26

C3.AI INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that C3.ai, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

SAN DIEGO, Sept. 25, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that the C3.ai class action lawsuit – captioned Liggett v. C3.ai, Inc., No. 25-cv-07129 (N.D. Cal.) – seeks to represent purchasers or acquirers of C3.ai, Inc. (NYSE: AI) securities and charges C3.ai as well as certain of C3.ai's executives with violations of the Securities Exchange Act of 1934.If you suffered substantial losses and wish to serve as lead plaintiff of the C3.ai class action lawsuit, please provide your information here:https://www.rgrdlaw.com/cases-c3-ai-class-action-lawsuit-ai.htmlYou can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected]. Lead plaintiff motions for the C3.ai class action lawsuit must be filed with the court no later than Tuesday, October 21, 2025.CASE ALLEGATIONS: C3.ai operates as an enterprise artificial intelligence ("AI") application software company.The C3.ai class action lawsuit alleges that defendants created the false impression that they possessed reliable information pertaining to C3.ai's projected revenue outlook ...Full story available on Benzinga.com

How Kenny Dillingham's 'performance triggers' make his contract a bargain for Arizona State
2025-09-26

How Kenny Dillingham's 'performance triggers' make his contract a bargain for Arizona State

Jon Wilner: How ASU was able to quickly turn around the program under Kenny Dillingham.

Costco plans 35 new warehouses in fiscal 2026 as member upgrades and digital sales accelerate
2025-09-26

Costco plans 35 new warehouses in fiscal 2026 as member upgrades and digital sales accelerate

Get key insights from Costco’s Q4 2025 earnings—expansion plans, strong membership growth, and digital investments. Discover what’s driving COST’s momentum.

Canada Post union launches strike as government moves to end most door-to-door mail
2025-09-26

Canada Post union launches strike as government moves to end most door-to-door mail

The Canadian Union of Postal Workers went on strike Thursday after the government announced door-to-door mail delivery would end for nearly all households within the next decade

ABS Chairman and CEO Unveils Vision for Intelligent Maritime Operations
2025-09-25

ABS Chairman and CEO Unveils Vision for Intelligent Maritime Operations

The transformational impact of software on the performance of vessels and fleets was described by ABS Chairman and Chief Executive Christopher J. Wiernicki at a launch event in Greece for...

Wool group expands made-in-Canada product certification
2025-09-25

Wool group expands made-in-Canada product certification

Canadian Wool Collective throwing a wider net for products able to be sold with logos certifying them as being made with Canadian wool

2025-09-25

US economy grows at fastest pace in nearly two years in second quarter - Reuters

US economy grows at fastest pace in nearly two years in second quarter ReutersThe US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported CNNUS economic growth revised up on strong consumer spending BBCTech Stocks Get Hit as Solid GDP Lifts Bond Yields: Markets Wrap Bloomberg.comNew revisions show stronger economic growth in second quarter Axios

Under promise, over deliver? China unveils new climate goals
2025-09-25

Under promise, over deliver? China unveils new climate goals

China has for the first time made specific emission cut pledges, though its goal of reducing planet-warming greenhouse gases just seven to 10 percent by 2035 is seen as far too modest.

Constellation Software president Mark Leonard resigns for health reasons
2025-09-25

Constellation Software president Mark Leonard resigns for health reasons

TORONTO - Constellation Software Inc. says founder Mark Leonard has resigned as president of the company for health reasons, effective immediately.

GLOBAL DESIGN, ITALIAN CRAFT: FISHER ARCHITECTURE PARTNERS WITH ICC LUXURY REAL ESTATE
2025-09-25

GLOBAL DESIGN, ITALIAN CRAFT: FISHER ARCHITECTURE PARTNERS WITH ICC LUXURY REAL ESTATE

A new partnership blends American architectural vision with Italian artistry, bridging continents through design, education, and collaboration. PITTSBURGH, Sept. 25, 2025 /PRNewswire/ -- Fisher ARCHitecture is proud to announce a new strategic partnership with ICC Luxury Real Estate, an...

Raymond James Welcomes Maine Advisor Team Managing Over $350 Million in Assets
2025-09-25

Raymond James Welcomes Maine Advisor Team Managing Over $350 Million in Assets

St. Petersburg, Fla., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Raymond James (NYSE: RJF) recently welcomed four financial advisors from Compass Investment Management (CIM) to Raymond James Financial Services (RJFS) – the firm’s independent advisor channel – according to Alex David,...

Hope You Like Your Lattes Iced: How to Play Stumbling Coffee Prices Here
2025-09-25

Hope You Like Your Lattes Iced: How to Play Stumbling Coffee Prices Here

December coffee futures present a selling opportunity on more price weakness.

PBO projects higher deficits and increased debt-servicing costs as economic growth takes a hit
2025-09-25

PBO projects higher deficits and increased debt-servicing costs as economic growth takes a hit

In Thursday’s report, the PBO says the federal deficit will increase from $51.7 billion in 2024-25 to $68.5 billion in 2025-26

2025-09-25

Lithium Americas soars 90% as Washington considers stake

Shares of Lithium Americas closed at $8.32 after jumping nearly 90% on Wednesday after Reuters reported that the Trump administration is seeking up to a 10% stake in the miner, in the latest sign of Washington's intervention into industries it considers critical to national security.Late Tuesday, Reuters cited two people familiar with the talks who said the administration is considering the stake as part of negotiations over a $2.26-billion Department of Energy loan for the company's Thacker Pass lithium project in Nevada, the largest planned lithium mine in the Western Hemisphere.

2025-09-25

UBS Global Real Estate Bubble Index 2025: Dubai and Madrid with strongest bubble risk increase

(MENAFN - ComCo) According to this year–s edition of the UBS Global Real Estate Bubble Index, Miami shows the highest bubble risk among the cities in this study, followed by Tokyo and Zurich. Over ...

Taiwan weaponises semiconductor sector to deter China on world stage
2025-09-25

Taiwan weaponises semiconductor sector to deter China on world stage

Taipei's chip curbs reflect its strategy to increasingly use economic and trade policy for diplomatic goals

Apartment Building "A" Approved
2025-09-25

Apartment Building "A" Approved

PEC Community Partners, owners of Base31, received their final round of approval from the Planning and Development Committee on September 17th. A “Block Plan” of subdivision carried in a 6-4 vote.

White House budget office threatens mass firings if government shuts down
2025-09-25

White House budget office threatens mass firings if government shuts down

The White House budget office is telling federal agencies to prepare plans for mass firings in the event of a government shutdown, with instructions to target programs they are not legally required to continue.

2025-09-25

CRYPTO TREASURY COMPANIES ARE ‘A TIME BOMB TO THE ECOSYSTEM’

(MENAFN - Perceptiona) Investment professionals working in digital assets are increasingly concerned about the boom in Bitcoin treasuries as more publicly-listed companies hold Bitcoin as a reserve ...

Goldman Sachs ramps up its copper price forecast risk
2025-09-25

Goldman Sachs ramps up its copper price forecast risk

Goldman Sachs says latest disruption means that the risks to its December 2025 LME copper price forecast of $9,700/t are weighted to the upside and should settle in a $10,200–10,500/t rangeExpects a 250–260kt loss of copper production from Grasberg in 2025, from its previous production forecast of 700ktSays after adjusting for disruption allowances, it incorporate a 160kt downgrade to its H2 2025 global mine supply forecast & a 200kt downgrade to its 2026 forecast.Lowers its 2025/2026 Coppper mine production growth forecast to +0.2/1.9% y/y, from +0.8/2.2% previouslyEarlier:Copper prices jump after Freeport details mudrush incident -- impact could stretch to 2027 This article was written by Eamonn Sheridan at investinglive.com.

NioCorp Developments Ltd. (NB) Discusses On Elk Creek Critical Minerals Project In Nebraska Transcript
2025-09-25

NioCorp Developments Ltd. (NB) Discusses On Elk Creek Critical Minerals Project In Nebraska Transcript

Get the latest on NioCorp’s Elk Creek critical minerals project, unique U.S. supply plans, financing updates, and robust economics.

Overcoming Common Hurdles in Product Seeding: Solutions Inside
2025-09-25

Overcoming Common Hurdles in Product Seeding: Solutions Inside

Overcoming Common Hurdles in Product Seeding: Solutions Inside In the ever-evolving landscape of marketing and consumer engagement, product seeding has emerged as a popular strategy for brands looking to promote their products through grassroots efforts. This method, which involves sending products to influencers, content creators, or potential customers for unsolicited reviews or promotion, can be [...]

2025-09-25

Long lagging behind, France is now starting to play catch-up with a new $500 million factory for battery production in Europe. - Evidence Network

Long lagging behind, France is now starting to play catch-up with a new $500 million factory for battery production in Europe. Evidence Network

White House budget office tells agencies to draft mass firing plans ahead of potential shutdown
2025-09-25

White House budget office tells agencies to draft mass firing plans ahead of potential shutdown

A reduction in force would not only lay off employees but eliminate their positions, triggering yet another upheaval in a federal workforce that has seen major cuts.

Hegseth To Axe Committee Due to Feminist Agenda
2025-09-25

Hegseth To Axe Committee Due to Feminist Agenda

Hegseth To Axe Committee Due to Feminist Agenda Authored by Naveen Athrappully via The Epoch Times,War Secretary Pete Hegseth has terminated a 74-year-old military advisory committee for women as it harms America’s combat capabilities, Pentagon press secretary Kingsley Wilson said in a Sept. 23 post on X.“Secretary Hegseth has decided to terminate the Defense Advisory Committee on Women in the Services,” Wilson said.“The Committee is focused on advancing a divisive feminist agenda that hurts combat readiness, while Secretary Hegseth has focused on advancing uniform, sex-neutral standards across the Department.”The Defense Advisory Committee on Women in the Services (DACOWITS) was established in 1951 to advise on strategies for boosting female recruitment into the U.S. military during the Korean War, according to the committee website.The committee states that since its inception, it “has submitted over 1,100 recommendations to the Secretary of War for consideration. As of 2025, approximately 94 percent have been either fully or partially adopted.”According to a December 2020 report published by DACOWITS, the committee has put forward several recommendations over the past decades, including “integrating women into previously closed positions or units,” boosting the number or percentage of women in underrepresented fields, and other gender equality measures.The committee has also made recommendations on the portrayal of female service members in media, such as in television, print, radio, and video.In its 2023 annual report, DACOWITS raised concerns about the Supreme Court striking down the Roe v. Wade ruling in 2022, questioning the department on matters regarding abortion and contraception.The termination of DACOWITS has attracted criticism.“Absolutely disgusting. DACOWITS was formed in 1951 to support the increase and success of women in the Armed Forces. We cannot field a fighting force without women. Period. These children are destroying our military with their stupid sexist games,” Fred Wellman, who runs the “On Democracy with FPWellman” podcast, said in a Sept. 24 X post.Hegseth shared a post from the DOW Rapid Response account on X, dismissing claims that the termination of DACOWITS amounted to him eliminating a pathway that encouraged women to join the military.“FACT CHECK: Wrong. We axed the committee that is focused on advancing a divisive feminist agenda that hurts combat readiness. We are cleansing the Department of wokeness,” the post stated.Revamping the US MilitaryIn April, Hegseth announced action against the Women, Peace & Security (WPS) program inside the Department of Defense, according to an April 29 X post.WPS is a United Nations resolution that called on nations to address the impacts conflicts have on women and girls, according to a U.N. Development Programme handbook. It also asked to systematically include females in peacebuilding efforts.“WPS is yet another woke divisive/social justice/Biden initiative that overburdens our commanders and troops—distracting from our core task: WAR-FIGHTING,” Hegseth wrote.“WPS is a UNITED NATIONS program pushed by feminists and left-wing activists. Politicians fawn over it; troops HATE it.”The department will execute “the minimum of WPS required by statute, and fight to end the program for our next budget. GOOD RIDDANCE WPS!” he added.Under the Trump administration, there has been a growing focus on revamping the military.The department is focusing on three key initiatives—reestablishing deterrence, rebuilding the military, and restoring warrior ethos, Hegseth said in a July 20 post on X.This includes reevaluating diversity, equity, and inclusion (DEI) practices.“The results so far? Distractions like DEI, [critical race theory], social justice, politically correct stuff—gone,” Hegseth said. “Focus on standards that are high, gender neutral, equal, and unwavering. We’ve got unprecedented recruitment numbers.”He also said his department was looking to restructure current promotion systems to ensure that those who engage in military and combat operations get top posts.Another military rule change was announced by the U.S. Army in a Sept. 10 statement, which exempted all soldiers from body fat standards as long as they score at least 465 points on the new Army Fitness Test.“This is a welcome continuation of our previous policy under the former Army Combat Fitness Test,” Sgt. Maj. Christopher Stevens said. “It rewards Soldiers who consistently demonstrate high levels of fitness, which supports readiness, health, and creates a culture that values performance.” Tyler DurdenWed, 09/24/2025 - 22:35

Nvidia's investment in OpenAI will be in cash, and most will be used to lease Nvidia chips
2025-09-25

Nvidia's investment in OpenAI will be in cash, and most will be used to lease Nvidia chips

Nvidia's massive investment in OpenAI will come in tranches over time, and most of the money will go back to Nvidia.

California, Brazil Sign MoU to Expand Climate Collaboration
2025-09-25

California, Brazil Sign MoU to Expand Climate Collaboration

(MENAFN) California and Brazil have announced a significant expansion of their collaboration to boost efforts on climate change, clean energy, pollution reduction, and green job creation.California ...

Dollar Gains on Concerns about Less-Dovish Fed
2025-09-24

Dollar Gains on Concerns about Less-Dovish Fed

The dollar index (DXY00 ) today is up by +0.63% at a 1.5-week high. The dollar is climbing today on positive carryover from Tuesday when Fed Chair Powell offered no hints on whether he would support a rate cut at next month's FOMC meeting, signaling...

2025-09-24

Micron Stock Slides Despite Flurry Of Price-Target Hikes After Report

Memory-chip leader Micron Technology delivered better-than-expected quarterly results and gave a bullish outlook. But Micron stock slipped on Wednesday.The post Micron Stock Slides Despite Flurry Of Price-Target Hikes After Report appeared first on Investor's Business Daily.

Senator proposes $600 tariff-funded rebate checks, but are you close to getting one?
2025-09-24

Senator proposes $600 tariff-funded rebate checks, but are you close to getting one?

The plan would give $600 per adult and dependent child, meaning a family of four would receive $2,400.

These Saskatchewan businesses are keeping harvest close to home
2025-09-24

These Saskatchewan businesses are keeping harvest close to home

Amid tariffs that drive up costs and squeeze producers, many local processors are keeping crops close to home — turning harvest into food and beverages that sustain local customers.

The $127 Billion Secret: How a Crypto Company Became America's 18th-Largest Government Debt Holder
2025-09-24

The $127 Billion Secret: How a Crypto Company Became America's 18th-Largest Government Debt Holder

What if the biggest threat to traditional banking isn’t Bitcoin or CBDCs, but a stablecoin company that’s become America’s 18th-largest government debt holder? Tether Holdings just proved that private digital money can actually strengthen rather than weaken dollar dominance (and Wall Street’s elite are betting $500 billion they’re right about the future of global finance).Seven years ago, Tether was on the brink of collapse. In October 2018, the stablecoin that promised to maintain a $1.00 peg briefly crashed to $0.88, sparking panic across cryptocurrency markets as traders questioned whether the company actually held sufficient dollar reserves to back its tokens. Federal prosecutors had launched a criminal investigation into whether Tether was being used to manipulate Bitcoin prices, while the Commodity Futures Trading Commission later found that Tether held adequate reserves for only 27.6% of days during a 26-month period from 2016 through 2018. The company’s relationship with its auditors had dissolved, leaving transparency claims in tatters, and academic researchers published papers alleging systematic market manipulation.Today, that same company is negotiating to raise $20 billion at a $500 billion valuation.Tether Holdings, the company behind the world’s largest stablecoin USDT, is in discussions for private funding that would place it among the most valuable private companies globally, rivaling OpenAI’s similar target, according to Bloomberg and Financial Times reports. The dramatic transformation from potential failure to unprecedented valuation represents one of the most remarkable corporate turnarounds in financial history.The funding round represents a dramatic shift for Tether, which generated $13.7 billion in net profit in 2024, primarily from interest earned on its massive Treasury holdings that back the stablecoin.Treasury Holdings Rival Nation StatesTether’s financial position has grown to rival sovereign governments. The company holds $127 billion in U.S. Treasury securities, making it the 18th-largest holder globally ahead of countries including South Korea and Germany. In the second quarter of 2025 alone, Tether purchased ...Full story available on Benzinga.com

2025-09-24

AP Business SummaryBrief at 10:47 a.m. EDT

The economy was a strength for Trump in his first term. Not anymore, according to recent polling

Wall Street drifts as it hits a lull following its big rally
2025-09-24

Wall Street drifts as it hits a lull following its big rally

U.S. stocks are drifting as Wall Street takes a pause from what seemed like a relentless rally. The S&P 500 was virtually unchanged on Wednesday, coming off its first loss in four days. The Dow Jones Industrial Average added 45...

LETTER: Guam's new price tag
2025-09-24

LETTER: Guam's new price tag

Guam is facing a serious labor shortage unlike anything we have seen in recent memory.

Tim Cook Revives Apple's First International Store In Exclusive Luxury Location That Embodies Bernard Arnault's Advice To Steve Jobs
2025-09-24

Tim Cook Revives Apple's First International Store In Exclusive Luxury Location That Embodies Bernard Arnault's Advice To Steve Jobs

Apple Inc. (NASDAQ:AAPL) will reopen its Ginza store in Tokyo on Friday, marking a homecoming to the brand's original international retail location across from Louis Vuitton in the city's luxury shopping district.Apple shares slipped 0.64% on Tuesday and edged lower in after-hours trading, according to Benzinga Pro.Apple Ginza Returns To Historic CornerThe new Apple Ginza is located in the rebuilt Sayegusa Building, the same site that first housed the company's flagship Japan store in 2003.That store became Apple's first retail location outside the U.S. and quickly set a new standard for experiential shopping with a massive Genius Bar, a 27-foot theater and even an internet café.In 2022, Apple temporarily moved to another Ginza location while the Sayegusa Building was demolished and reconstructed. With the grand reopening this week, the temporary store has now closed.See Also: Apple Inc. Emphasizes Design Commitment Amidst High-Profile ExitsWhat The New Store OffersThe redesigned store spans four floors and ...Full story available on Benzinga.com

Carney touts trade opportunities with China, aims to meet with Xi
2025-09-24

Carney touts trade opportunities with China, aims to meet with Xi

Canadian Prime Minister Mark Carney said after a meeting with China’s premier that he sees major opportunities for the countries to expand energy and agricultural trade, and expects to eventually sit down with President Xi Jinping.

Douglas Elliman: Small Improvements Could Drive A Big Recovery
2025-09-24

Douglas Elliman: Small Improvements Could Drive A Big Recovery

Douglas Elliman (DOUG) shares could rebound despite recent mergers. Read here for insights on DOUG stock's potential upside and strategies.

Asia Markets Waver After Wall St Retreats From Record
2025-09-24

Asia Markets Waver After Wall St Retreats From Record

Equities wavered Wednesday following a down day on Wall Street, where worries about high valuations were compounded by mixed messaging from the Federal Reserve on its plans for interest rates.

Spuds up for grabs Saturday at Lions’ annual sale
2025-09-24

Spuds up for grabs Saturday at Lions’ annual sale

This Saturday morning, the first 550 customers will be able to grab a bag of locally grown potatoes for $15 during the Wheat City Lions Club’s annual spud sale on Brandon’s North Hill. Sales start at...

2025-09-23

Philanthropist MacKenzie Scott donates $70m to HBCUs - The Guardian

Philanthropist MacKenzie Scott donates $70m to HBCUs The GuardianMacKenzie Scott donates $70 million to historically Black colleges and universities FortuneMacKenzie Scott donates $70M to UNCF to bolster HBCUs The HillJeff Bezos’ Ex-Wife Pledges $70 Million in Amazing Charity Decision Men's JournalMacKenzie Scott donates $70 million to support HBCUs AJC.com

2025-09-23

The Meaning Behind Jimmy Kimmel’s First Post Since ABC Pulled His Show

Hours before Kimmel's show was set to return, the host posted a photo of himself with Norman Lear.

Social Security chief says he won’t hike the retirement age amid the strain of America’s aging population and fears of benefit cuts
2025-09-23

Social Security chief says he won’t hike the retirement age amid the strain of America’s aging population and fears of benefit cuts

The administration continues to frame its approach around protecting benefits while exploring other avenues to bolster solvency.

This Gen Xer sold his tech company to AT&T for billions—he warns if you’re still pushing RTO, you’re not serious about AI
2025-09-23

This Gen Xer sold his tech company to AT&T for billions—he warns if you’re still pushing RTO, you’re not serious about AI

‘The best companies are going to dump their offices to learn to work with non-bodied employees,” serial tech founder, Brian O’Kelley, exclusively tells Fortune.

2025-09-23

Govt revises India's solar potential to 3,343 GW from 2014's 749 GW

India's revised solar potential now stands at 3,343 GW with Rajasthan, Maharashtra and Gujarat contributing nearly half, while floating solar could add another 700 GW

Decarbonisation In Portfolio Benchmarks
2025-09-23

Decarbonisation In Portfolio Benchmarks

As climate investing regulations evolve globally, carbon emissions data is increasingly required for compliance, risk assessment, and investment decisions.

MacKenzie Scott donates $70M to UNCF to bolster HBCUs
2025-09-23

MacKenzie Scott donates $70M to UNCF to bolster HBCUs

Billionaire philanthropist Mackenzie Scott on Tuesday donated $70 million to the United Negro College Fund (UNCF), the largest private supplier of scholarships to historically Black colleges and universities (HBCUs). The gift is one of Scott’s largest single donations ever and among the first to be publicly disclosed in 2025, according to The Associated Press. It follows...

2025-09-23

GK Energy's ₹464-crore IPO gets 89.62 times subscription by final day

The initial public offer of GK Energy Ltd, a solar-powered agricultural water pump systems provider, received a whopping 89.62 times subscription as it drew to a close on Tuesday.The Rs 464-crore IPO got bids for 1,98,77,78,982 shares against 2,21,80,828 shares on offer, as per data available with the NSE.The portion for Qualified Institutional Buyers (QIBs) got subscribed a huge 186.29 times. The component meant for non-institutional investors attracted 122.73 times subscription. Retail Individual Investors (RIIs) category received 20.79 times subscription.GK Energy on Thursday said it has collected over Rs 139 crore from anchor investors.The price band has been fixed at Rs 145-153 per share.The Pune-based firm's offering is a combination of fresh issue of shares worth Rs 400 crore and an offer-for-sale (OFS) of 42 lakh equity shares, worth Rs 64.26 crore at the upper end, by selling shareholders.Proceeds from the fresh issue to the extent of Rs 322.5 crore will be utilise