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Stella-Jones Completes Acquisition of Brooks Manufacturing Co.
Globenewswire· 2025-11-05 11:58
Core Points - Stella-Jones Inc. has completed the acquisition of Brooks Manufacturing Co. for approximately US$140 million, subject to working capital adjustments [1] - Brooks specializes in manufacturing treated wood distribution crossarms and transmission framing components, with consolidated sales of about US$84 million for the year ended December 31, 2024 [2] - The acquisition is expected to strengthen Stella-Jones' position as a preferred partner for utilities and support infrastructure development across North America [3] Company Overview - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure support, supplying treated wood and steel utility poles, steel lattice towers, and railway ties to major electrical utilities and railroad operators [3] - The company also provides industrial products for railway bridges, marine and foundation pilings, and coal tar-based products, alongside premium treated residential lumber for outdoor applications [3]
Stella-Jones Announces Normal Course Issuer Bid
Globenewswire· 2025-11-05 11:55
Core Viewpoint - Stella-Jones Inc. has received approval from the Toronto Stock Exchange to initiate a Normal Course Issuer Bid, allowing the company to repurchase up to 1,500,000 common shares over a 12-month period, representing approximately 2.7% of its outstanding shares [1][2]. Group 1: Share Repurchase Details - The repurchase will occur on the open market through the TSX, with a daily purchase limit of 22,955 common shares, which is 25% of the average daily trading volume of 91,822 shares [2]. - The company previously repurchased 1,101,732 common shares at a weighted average price of approximately $74.87 per share, totaling around $82.49 million during the prior 12-month period [3]. Group 2: Company Overview - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure products essential for electrical distribution, transmission, and railway transportation systems [5]. - The company supplies treated wood and steel utility poles, steel lattice towers, and treated wood railway ties, among other products, to major electrical utilities and railway operators across North America [5].
Oceaneering Announces Participation at Upcoming Investor Conferences
Businesswire· 2025-11-04 22:01
Core Viewpoint - Oceaneering International, Inc. is set to participate in several investor conferences in the fourth quarter of 2025, highlighting its focus on engaging with institutional investors and showcasing its technological capabilities in various sectors [1][3]. Group 1: Upcoming Conferences - Oceaneering will attend the Bank of America Securities Global Energy Conference in Houston, TX on November 11, 2025, where CFO Alan Curtis and Senior Director of Investor Relations Hilary Frisbie will meet with institutional investors [3]. - The company will also participate in the Baird Defense & Government Conference in Tysons Corner, VA on November 18, 2025, with President and CEO Rod Larson presenting on the Aerospace and Defense Technologies segment, and Bill Merz participating in a panel discussion on autonomous maritime technology [3]. - Additionally, Oceaneering will be present at the TD Cowen Energy Conference in New York, NY on November 18-19, 2025, where Alan Curtis will join a panel discussion on Offshore Services and meet with institutional investors [3]. Group 2: Company Overview - Oceaneering is a global technology company that provides engineered services and products, as well as robotic solutions, to various industries including offshore energy, defense, aerospace, and manufacturing [2]. - The company emphasizes its commitment to delivering innovative solutions in a dynamic market environment [6].
X @Polyhedra
Polyhedra· 2025-11-04 13:00
4/Imagine manufacturing where:✅Every optimization step includes a cryptographic execution trace.✅Compliance can be confirmed without inspecting internal process models.✅ Supply chains coordinate using shared proofs.zkML turns automation into auditable coordination. ...
REMINDER - Stella-Jones Will Hold a Conference Call to Discuss its Third Quarter Results
Globenewswire· 2025-11-04 12:00
Core Insights - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure products essential for electrical distribution, transmission, and railway transportation systems [4]. Group 1: Company Overview - Stella-Jones Inc. supplies treated wood and steel utility poles, steel lattice towers, and treated wood railway ties to major electrical utilities and railway operators across North America [4]. - The company also provides industrial products such as timbers for railway bridges, crossings, construction, marine and foundation pilings, and coal tar-based products [4]. - A significant portion of Stella-Jones' business is dedicated to manufacturing and distributing premium treated residential lumber and accessories for outdoor applications, primarily servicing Canadian customers [4]. Group 2: Upcoming Events - A conference call is scheduled for November 5, 2025, at 10:00 AM Eastern Standard Time (EST), with a press release to be published before market opens on the same day [2][3]. - Participants are encouraged to log on or dial in 15 minutes prior to the conference, and a web recording will be available after the meeting [3].
中国经济-10 月 PMI 有所回落,但出现部分积极信号-China Economics-Oct PMI Payback, But Some Greenshoots
2025-11-04 01:56
Summary of Key Points from the Conference Call Industry Overview - **Industry**: China Manufacturing and Services Sector - **Date**: October 31, 2025 Core Insights - **Manufacturing PMI Performance**: The manufacturing PMI experienced a notable decline in October, primarily attributed to the timing shift of the Mid-Autumn Festival, which caused front-loaded production in September. The combined manufacturing PMI for September and October stands at 49.4, consistent with August's reading [2][4][7] - **Non-Manufacturing PMIs**: Both construction and service PMIs underperformed, indicating ongoing challenges in housing and consumer activities. However, there was a positive development in infrastructure, with the civil engineering PMI increasing by 5 percentage points month-over-month [3][7] - **Fiscal Stimulus Impact**: A fiscal and quasi-fiscal stimulus of RMB 1 trillion is expected to alleviate local government funding pressures and support investment, contributing to a projected GDP growth of 4.7% year-over-year in Q4 2025 [4][7] Additional Important Details - **Price Indices**: The Producer Price Index (PPI) is anticipated to have decreased by 0.1% month-over-month, while year-over-year it may rise to -2.2% due to a favorable base effect [7] - **Trade Relations**: The US-China trade truce, which includes a 10% reduction in fentanyl tariffs and the suspension of US technology barriers, is expected to reduce near-term trade uncertainties and positively influence capital expenditures [4][7] - **PMI Breakdown**: The manufacturing PMI breakdown shows a decline in new orders and production, with new orders at 48.8 and production at 49.7 in October [6] This summary encapsulates the key points discussed in the conference call, highlighting the current state of the manufacturing and services sector in China, the impact of fiscal policies, and the implications of trade relations on economic growth.
Sanmina(SANM) - 2025 Q4 - Earnings Call Presentation
2025-11-03 22:00
Q4 & FY'25 Financial Results November 3, 2025 Today's Presenters Jure Sola Chairman & CEO Jon Faust EVP & CFO 2 Safe Harbor Statement Certain statements made during this presentation, including our financial outlook for the first quarter fiscal 2026 and expectations for growth generally, constitute forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in these statements a ...
X @The Wall Street Journal
The Wall Street Journal· 2025-11-03 19:56
U.S. factory activity retreated at a slightly sharper pace this month, as production fell into contraction, according to a survey of manufacturing firms https://t.co/wg7L3J5Aln ...
Gold Edges Higher; ISM Manufacturing PMI Falls In October - ALPS Group (NASDAQ:ALPS), Alvotech (NASDAQ:ALVO)
Benzinga· 2025-11-03 19:23
Market Overview - U.S. stocks showed mixed performance, with the Dow Jones index falling by 0.41% to 47,369.42, while the NASDAQ rose by 0.54% to 23,853.68 and the S&P 500 gained 0.22% to 6,855.42 [1] - Consumer discretionary shares increased by 1.8%, while materials stocks decreased by 0.6% [1] Economic Indicators - The ISM manufacturing PMI decreased to 48.7 in October from 49.1 in the previous month, falling short of market expectations of 49.5 [2][11] - The S&P Global manufacturing PMI rose to 52.5 in October from 52.0 in September, surpassing the preliminary reading of 52.2 [11] Commodity Market - Oil prices fell by 0.1% to $60.93, while gold prices increased by 0.4% to $4,011.80 [5] - Silver prices decreased by 0.5% to $47.905, and copper prices fell by 0.9% to $5.0420 [5] Company News - Cipher Mining Inc. shares surged by 22% to $22.82 following a $5.5 billion, 15-year lease agreement with Amazon Web Services for 300 MW of AI workload space and power [9] - Resolute Holdings Management, Inc. saw an 88% increase in shares to $138.76 after reporting quarterly financial results [9] - Tharimmune, Inc. shares rose by 14% to $3.35 after entering a $540 million private placement for its Canton Network Blockchain strategy [9] - uniQure N.V. shares dropped by 50% to $33.64 after receiving FDA feedback regarding its investigational gene therapy AMT-130 [9] - Alvotech shares fell by 33% to $5.13 after the FDA issued a complete response letter for its biosimilar candidate AVT05 [9] - ALPS Group Inc shares decreased by 50% to $1.29 following the announcement of a public offering pricing [9]