Meanwhile, a few moments ago, we did get services PMI. Rick Santelli has that for us. Rick.Yes, David. This is the first batch. This is from S&P Global.ISM at the top of the hour. These are final reads. So, 53.1% gets downgraded just a bit uh to 52.9%.Still above 50. Haven't been below 50 since Jan 23. This will be the weakest just since April.So, solid numbers in expansion territory. And if you look at the composite that was serviced, the composite composite actually improved by a 10 from 528 to 52.9%. Als ...

Core Insights - SOUEAST has officially launched its brand in Libya, marking its entry into the North African market with a focus on innovative technology and quality vehicles [1][2] - The launch event highlighted SOUEAST's commitment to local market demands, introducing a lineup of urban SUVs: S09, S07, and S06 [2] Product Overview - The S09 is a flagship smart premium SUV featuring a 2.0T engine, 7-seat layout, and luxurious in-cabin technology including a 15.6-inch console screen and Qualcomm Snapdragon 8155 [3] - The S07 is designed for urban youth, combining practicality with a futuristic aesthetic, featuring a 12.3-inch connected screen and full ADAS for enhanced safety [4][5] - The S06 offers a dynamic design with a 15.6-inch console screen and SONY 9-speaker audio system, along with L2 intelligent assisted driving capabilities [7] Strategic Partnerships - SOUEAST has partnered with KMG Group, a prominent Libyan conglomerate, to leverage its market knowledge and distribution network for effective market penetration [8] Future Plans - The company aims to strengthen its service system and local cooperation while enhancing brand influence in Libya [9] - SOUEAST plans to launch its brand and new products in Egypt in July, furthering its African expansion strategy [9]

Britain's private sector expanded at the fastest pace in nine months https://t.co/njOSV8tlTh ...

Key Takeaways APLS stock rose 3.2% on a $300M capped royalty deal with Sobi for ex-U.S. sales of Aspaveli. Apellis retains U.S. rights to Empaveli and gains near-term cash plus a potential $25M in milestone payments. FDA and EU reviews are underway for the label expansion of pegcetacoplan for two rare kidney diseases.Apellis Pharmaceuticals’ (APLS) shares gained 3.2% on Tuesday following the announcement of a capped royalty deal with Sobi, under which Apellis will receive up to $300 million in return for ...

Key Takeaways Hawkins has acquired PhillTech, an Alabama-based water treatment product manufacturer and distributor. Hawkins aims to expand coagulant and corrosion control production and strengthen its market position. Hawkins has had a long-standing partnership with PhillTech and values its strong industry relationship.Hawkins, Inc. (HWKN) has completed the acquisition of PhillTech, LLC, an Alabama-based manufacturer and distributor of coagulants and corrosion control products for water treatment custome ...

Key Takeaways Estimates for CW's 2025 EPS rose 3.7% to $12.61, with revenues projected to grow 8.5% to $3.38 billion. Strong U.S. nuclear aftermarket sales and the Ultra Energy acquisition are boosting CW's momentum. CW's ROE of 18.02% and low debt levels show financial strength versus aerospace defense peers.Curtiss-Wright Corp. (CW) benefits from commercial nuclear aftermarket sales and shareholder-friendly efforts, which have contributed significantly to the company's overall expansion. Given its signi ...

June 30, 2025 03:21 PM GMT China Financials | Asia Pacific Tracking Industrial Risks: Will Weaker May Data Lead to Higher Risks? Key Takeaways Despite weaker May industrial profit growth, we believe the incremental impact on industrial credit risks remains small due to: 1) profit deterioration concentrated in a few sectors affected by US tariffs; 2) US tariffs have declined notably from the peak in April and early May; 3) negative impact on EBIT interest coverage remains modest. Positively, more sectors hav ...

Aiming to expand its reach to professional contractors, Home Depot (HD)  announced it will be acquiring GMS Inc. (GMS)  for $4.3 billion or $5.5 billion when including debt.As a distributor of wallboard and suspended ceiling systems, GMS will strengthen Home Depot’s position in the specialty building products space with the deal expected to close by the end of the year or early 2026. HD & GMS Stock Performance Notably, the acquisition announcement caused GMS stock to spike +11% on Monday, with HD shares sli ...

Key Takeaways SBAC gains from rising mobile data usage and carriers' high capital spending on networks. Long-term tower leases with built-in rent escalators support SBAC's stable revenues. Tower expansions into high-growth markets aid SBAC's growth; steady dividend hikes boost shareholders' value.SBA Communications' (SBAC) portfolio is well-positioned to gain from wireless carriers’ high capital spending for network expansion amid growth in mobile data usage. The long-term leases with its tenants assure s ...

The Home Depot (NYSE: HD ) holds a dominant position in the home improvement market and is now expanding upmarket, targeting large contractors, first with the acquisition of SRS and now with the pendingI hold a Master's in Accounting, am a small business owner, and am an assistant investing educator for beginning and intermediate individual investors. My investing analysis focus is on identifying and developing deep knowledge of great businesses. I have helped manage businesses, spend most of my extra time ...