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Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order
Businesswire· 2025-09-23 02:07
PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today a landmark agreement with National Company Kazakhstan Temir Zholy (KTZ), the national railway of Kazakhstan, to deliver Evolution Series locomotives and provide long-term service support. The multi-year order, valued at $4.2 billion, marks the largest locomotive agreement in Wabtec's history. "For over two decades, our partnership with KTZ has been critical in transforming Kazakhstan's rail industry,†said Rafael Santan. ...
Owens Corning Expands U.S. Footprint With Prattville Roofing Plant
ZACKS· 2025-09-23 02:06
Key Takeaways OC will build a 250,000-square-foot shingle facility in Prattville, with production starting in 2027.The new plant will produce six million square feet of laminate shingles annually, mainly premium Duration.The Prattville facility will create nearly 100 skilled jobs and leverage advanced automation for efficiency.Owens Corning (OC) has announced plans to build a new shingle manufacturing facility in Prattville, AZ. The investment reflects the global building products leader's strategic commitm ...
Rocket Lab's Surge Defies Gravity
Seeking Alpha· 2025-09-23 02:06
Rocket Lab (NASDAQ: RKLB ) the stock has rallied 115% since I called the inflection point with another 34% gain since my last coverage , evidence that markets are recognizing its structural advantages. The company’s vertical integration, spanning launch, spacecraft, components, and payloads, creates aHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accounta ...
NX Investors Have Opportunity to Lead Quanex Building Products Corporation Securities Fraud Lawsuit
Prnewswire· 2025-09-23 02:05
NEW YORK , Sept. 22, 2025 /PRNewswire/ --Â Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Quanex Building Products Corporation (NYSE: NX) between December 12, 2024 and September 5, 2025, both dates inclusive (the "Class Period"). ...
Pennsylvania-Based Institutional and Wealth Firms Combine to Form $9B Shop
Yahoo Finance· 2025-09-23 02:04
You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletters. Two Pennsylvania-based registered investment advisors are merging to create a $9 billion RIA combining an institutional-focused firm with a predominantly wealth management business. BilkeyKatz Investment Consultants, which works with institutional clients with assets ranging from $20 million to $1 billion, and Oakmont Capital Management, which has about $650 million in assets under man ...
Walmart to offer delivery on refrigerated presciption drugs - report (WMT:NYSE)
Seeking Alpha· 2025-09-23 02:04
Walmart (NYSE:WMT) is expanding its pharmacy delivery services to include medications that require refrigeration, including insulin, weight loss medications like Ozempic, and specific hormone therapies. The medications will be delivered in special insulated packages in as little as 30 ...
Roche Targets Top Spot In Weight Loss Drug Market
Benzinga· 2025-09-23 02:04
Roche Holdings AG RHHBY on Monday outlined its plan to become a leading player in the surging weight-loss drug market, pushing its obesity pipeline farther into late-stage development as it eyes competition with Eli Lilly And Co. LLY and Novo Nordisk A/S NVO.The company announced it had advanced CT-388, its experimental obesity treatment, into a Phase 3 trial.The therapy entered Roche's pipeline through its 2023 acquisition of Carmot Therapeutics.RHHBY is demonstrating bullish strength. Follow the breaking ...
Governments Pour Billions Into Chips And AI Infrastructure To Fuel Arms Race
Forbes· 2025-09-23 02:03
Laboratory technician holds a powerful processor in his hands. CPU computer processor shallow focus. CPU socket of the computer's motherboard. Concept of computer, motherboard, hardware and technologygettyOne of the most critical resources in 2025 is compute power. Chips and the data centers that house them have become the 21st-century equivalent of oil refineries and power plants, and governments are increasingly treating them as such.Policymakers around the globe, from Washington to London to Beijing, are ...
‘Oracle of Wall Street’ says boomers control the housing market, and their enormous equity will keep them in place — ‘There will be no quick fixes’
Yahoo Finance· 2025-09-23 02:03
Baby boomers now own a majority of U.S. homes and have the financial means to stay where they are, keeping the housing market stuck for the foreseeable future, according to top Wall Street analyst Meredith Whitney. The CEO of Meredith Whitney Advisory Group, whose prediction of the Great Financial Crisis earned her the moniker “Oracle of Wall Street,” pointed out in a Financial Times op-ed that more than 54% of homes are owned by seniors, up from 44% in 2008. She added that 79% of seniors own their homes ...