BASF and OQEMA Ink Distribution Deal in Central and Eastern Europe
ZACKS· 2025-12-18 15:07
Core Insights - BASF SE (BASFY) has announced a new distribution partnership with OQEMA to supply polymer dispersions and additives for construction and architectural paints and coatings, effective from January 1, 2026, covering selected Central and Eastern European countries [2][8] Group 1: Partnership Details - The collaboration aims to integrate BASFY's innovative solutions with OQEMA's strong local presence, extensive sales network, technical expertise, and storage facilities [3] - Customers will benefit from swift deliveries, prompt technical advice, and a transition towards more sustainable and high-performance formulations [4] Group 2: Market Impact - The partnership is positioned to support innovation and growth in the Central and Eastern European paints and coatings market, covering 14 countries [5] - Both companies share a commitment to quality, reliability, and sustainable development, aiding customers in transitioning to a circular ecosystem [5] Group 3: Financial Performance - BASFY's shares have gained 21.9% over the past year, contrasting with the industry's decline of 14.5% [5]
PRM Prices $550 Million Senior Secured Notes to Fund Acquisition
ZACKS· 2025-12-18 15:07
Core Insights - Perimeter Solutions, Inc. (PRM) has announced a $550 million offering of 6.250% senior secured notes due January 15, 2034, with an expected closing date of January 2, 2026 [1][8] Group 1: Offering Details - The notes will mature on January 15, 2034, and will bear interest at a rate of 6.250% per annum, payable semi-annually [1] - The offering is fully guaranteed on a senior secured basis by Perimeter Intermediate, LLC, and secured by first-priority interests on substantially all present and future assets of Perimeter Holdings and its guarantors [2][8] Group 2: Use of Proceeds - The net proceeds from the offering, along with cash on hand, will be used to fund the acquisition of Medical Manufacturing Technologies LLC (MMT) and to cover related fees and expenses [3][8] - If the acquisition is not completed by September 9, 2026, or if the company decides not to pursue it, Perimeter Holdings will be required to redeem the notes [3] Group 3: Strategic Implications - The acquisition of MMT is expected to enhance Perimeter's focus on businesses in secular growth markets characterized by strong free cash flow, high returns on tangible capital, and sustainable earnings power [4] - Post-transaction, the company anticipates a net leverage ratio of approximately 2.7x net debt to combined adjusted EBITDA for the last 12 months ending September 30, 2025 [4] Group 4: Market Performance - PRM shares have increased by 117.3% over the past year, contrasting with a 1% decline in the industry [6]
Micron Technology Stock Soars 9% on Q1 Earnings Beat, Strong Guidance
ZACKS· 2025-12-18 15:07
Key Takeaways MU posted Q1 EPS of $4.78 and revenues of $13.64B, beating estimates as memory demand surged.MU saw DRAM revenues jump 69% YoY, led by record data center DRAM and HBM demand.MU guided Q2 revenues to $18.7B and gross margin to 68%, far above consensus expectations.Micron Technology, Inc. (MU) shares gained 9.3% during Wednesday’s extended trading session after the memory chip maker reported better-than-expected first-quarter fiscal 2026 results and provided strong guidance for the second quarte ...
Trump Media & Technology Group Corp. (DJT) M&A Call Prepared Remarks Transcript
Seeking Alpha· 2025-12-18 15:07
PresentationGood day, and thanks for listening to a joint address regarding the planned merger of Trump Media & Technology Group and TAE Technologies. As a reminder, today's remarks include forward-looking statements based on current expectations. Actual results may differ materially due to factors described in TMTG's SEC filings, and in today's news release which includes other important information about the transaction. In addition, neither TMTG nor TAE, undertakes publicly update or revise any forward-l ...
A 24-year-old CEO convinced his parents to open a custodial account in second grade. He fears meme stocks inflate Gen Z’s dreams of getting rich quick
Yahoo Finance· 2025-12-18 15:06
When Steven Wang was in second grade, he convinced his parents to open a custodial stock account. Now 24 years old, he’s running Dub, a copy-trading platform aimed at solving the financial literacy gap among his peers. A Harris Poll survey commissioned by Dub in June highlights the contradiction: While 60% of Gen Z and 66% of millennials are investing in the stock market outside of their 401(k)s, just 17% of Americans feel “very confident” in their understanding of how markets actually work. Most believe ...
What to Expect From Lamb Weston's Next Quarterly Earnings Report
Yahoo Finance· 2025-12-18 15:06
Eagle, Idaho-based Lamb Weston Holdings, Inc. (LW) is a food processing company that specializes in frozen potato products. Valued at a market cap of $8.3 billion, the company is one of the world’s largest producers and distributors of frozen french fries and other value-added potato products, serving restaurants, quick-service chains, foodservice operators, and retail customers. It is scheduled to announce its fiscal Q2 earnings for 2026 before the market opens on Friday, Dec. 19. Before this event, an ...
Here’s What Hit Chipotle Mexican Grill (CMG) in Q3
Yahoo Finance· 2025-12-18 15:05
Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy underperformed its benchmark, the Russell Midcap® Growth Index, in the third quarter of 2025, which increased approximately 3%. In addition, please check the fund’s top five holdings to know its best picks in 2025. In its third-quarter 2025 investor letter, Brown Advisory Mid-Cap Growth Strategy highlighted st ...
Google, Nvidia's VC units back Lovable's $330M funding round at $6.6B valuation
Seeking Alpha· 2025-12-18 15:05
The venture capital arms of Alphabet (GOOG) (GOOGL) and Nvidia have participated in a $330M Series B funding round of Lovable that has valued the Swedish vibe coding startup at $6.6B. The funding was led by Google's CapitalG and Menlo ...
MDJM LTD Wholly-Owned Subsidiary MD Local Global Ltd. Signed Collaboration Agreement with France's H5 Studio -- Strengthening International Cultural IP Strategy and Expanding East-West Creative Partnerships
Prnewswire· 2025-12-18 15:05
1. Cultural IP Ownership & Original IP Development 2. International Cultural IP Licensing & Collaboration 4. Cultural IP Commercialization EDINBURGH, Scotland and PARIS, Dec. 18, 2025 /PRNewswire/ -- MD Local Global Ltd. ("MDLG" or the "Company"), the UK-based wholly owned subsidiary of MDJM LTD (NASDAQ: UOKA), is delighted to announce that on November 20, 2025, MDLG entered into a Development and Co-Production Deal Memo for An Animated Short Film with H5 S.A.R.L.("H5"), one of France's most influential, Ac ...
Accenture beats estimates on AI demand, but shares slide on outlook
Invezz· 2025-12-18 15:05
Accenture posted stronger-than-expected first-quarter results on Thursday, helped by rising demand for artificial intelligence-led IT services, as clients increasingly turn to automation and machine l... ...