A logo at the headquarters of Infosys Ltd. in Bengaluru, India, on Thursday, April 17, 2025. Infosys Ltd. predicted slowing sales growth for this year, as corporations curtail large information technology projects to prepare for geopolitical and economic challenges. Photographer: Karen Dias/Bloomberg Indian software services giant Infosys Ltd. will buy back as much as 180 billion Indian rupees ($2 billion) worth of shares in an effort to return cash to investors amid a stock-price decline. The company’s ...

HONG KONG, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Inno Holdings Inc. (NASDAQ: INHD) (the “Company”), a trade-focused building technology and electronic products trading company, today announced that it has entered into definitive agreements in a registered direct offering with institutional investors for the purchase and sale of approximately $7.2 million of shares of Common Stock and Pre-Funded Warrants at a price of $3.60 per share of Common Stock or $3.59999 per Pre-Funded Warrant. The offering consisted of ...

Core Viewpoint - The article highlights the ambition of Zhongke Times to become a leading enterprise in China's manufacturing industry, particularly in the field of industrial automation, aiming to achieve a status comparable to global giants like Siemens and Mitsubishi Heavy Industries [1][8][15]. Group 1: Company Background and Vision - Zhongke Times was founded with the goal of becoming a "chain master" enterprise in the manufacturing sector, which is a key component of the "chain leader system" initiated in China [6]. - The company aims to address the technological gaps in industrial automation, particularly in the context of being "choked" by Western technologies in critical areas like chips and automation [7][10]. - Zhongke Times aspires to be recognized as China's "God's hand" in the industrial market, similar to how Siemens is referred to as "God's left hand" [8]. Group 2: Product Development and Market Position - The company has developed a comprehensive product matrix in industrial automation, including automation systems and intelligent machines, which are essential for the functioning of robotic assembly lines [9][10]. - Zhongke Times has achieved rapid growth, claiming to have reached the first position in China's primary market within four years, outpacing the growth rates of Siemens and Beckhoff during their entry into the Chinese market [14]. - The company emphasizes a product-driven and culture-driven approach, aiming to create top-tier products that can dominate niche markets [13]. Group 3: Strategic Goals and Future Plans - Zhongke Times is in the process of transitioning to its 2.0 phase, focusing on demonstrating strong revenue, net profit margins, and PE growth potential before pursuing an IPO [15]. - The company has already begun its international expansion, establishing a presence in Germany and other markets, indicating a commitment to global growth [14]. - The long-term vision includes becoming a key player in the modernization of China's industrial system, with a focus on self-sufficiency in critical technology areas [10][15].

Chainlink Reserve Launch - Chainlink 推出 Chainlink 储备金，旨在通过积累 LINK 代币实现长期可持续性 [1] - 这一发展标志着 Chainlink 生态系统的一个重要经济里程碑，旨在加强协议的基础结构 [1] Reserve Mechanism - Chainlink 储备金通过一种称为支付抽象的机制，将链上和链下收入转换为 Chainlink 的原生代币 LINK [2] - 该基础设施允许用户以 gas 代币或稳定币等多种形式支付，然后使用 Uniswap V3 等去中心化交易所将这些代币以编程方式兑换为 LINK [2] Reserve Performance & Expectations - Chainlink 储备金在早期阶段已获得超过 1 million 美元的 LINK，随着企业和链上收入不断注入储备金，预计将实现显著增长 [3] - 预计该储备金在未来几年内不会有任何提款，从而加强其作为支持生态系统弹性和增长的长期战略资产的作用 [4] Technology & Transparency - 该计划由 Chainlink 的服务组合提供支持，包括跨链互操作协议 (CCIP)、价格馈送和自动化 [3] - 启动了一个公共分析仪表板以提高透明度，提供对储备金积累进度和 LINK 流通供应的洞察 [4] Ecosystem Integration - 该储备金补充了现有的 Chainlink 经济计划，包括基于订阅的服务、基于使用的支付以及与 GMX 和 Aave 等主要 DeFi 参与者的收入分成模式 [5]

Financial Performance - MRC Global reported second quarter 2025 revenue of $798 million, a 12% increase from the first quarter of 2025, with all sectors contributing to this growth [3][10][14] - Adjusted EBITDA for the second quarter of 2025 was $54 million, representing 6.8% of sales, compared to $65 million or 8.1% of sales in the same period of 2024 [11][61] - Net income from continuing operations for the second quarter of 2025 was $13 million, down from $30 million in the second quarter of 2024 [6][7] Sector Performance - The Production and Transmission Infrastructure (PTI) sector led the revenue growth with a 26% increase sequentially, driven by robust project activity [3][19] - Gas Utilities sector revenue increased by 10% sequentially, supported by increased construction projects [3][19] - The Downstream, Industrial, and Energy Transition (DIET) sector experienced a slight decline compared to the same quarter a year ago, but showed a 1% increase sequentially [14][20] Merger Agreement - MRC Global announced a merger agreement with DNOW Inc., which is expected to create a premier energy and industrial solutions provider [4][25] - The merger is subject to shareholder and regulatory approvals, with an anticipated closing in the fourth quarter of 2025 [25][26] Shareholder Returns - The company returned $15 million to shareholders through share repurchases at an average price of $12.35 per share during the second quarter of 2025 [3][24] - The share repurchase program has been suspended due to the pending merger with DNOW [24] Balance Sheet and Cash Flow - As of June 30, 2025, MRC Global had a cash balance of $75 million and long-term debt of $449 million [23] - The company's backlog was $589 million, a 2% decrease from the previous quarter, primarily due to a decline in the PTI sector backlog [22]

Company Overview - Columbus McKinnon (CMCO) is a global leader in intelligent motion solutions for material handling, with a 150-year history[9] - The company estimates a total addressable market of $20 billion[9, 23] - CMCO's net sales are approximately $1 billion, with a 5-year sales growth CAGR of around 4%[9] - Adjusted EBITDA margin is approximately 16%, and free cash flow conversion is greater than 100%[9] - Revenue mix: Lifting Solutions accounts for 62%, Specialty Conveying 16%, Automation 13%, and Linear Motion 9%[7] Kito Crosby Acquisition - CMCO announced the acquisition of Kito Crosby for $2.7 billion[28] - Kito Crosby has approximately $1.1 billion in 2024 revenue, with a 7% revenue CAGR from 2021-2024[31] - Kito Crosby's revenue mix: Lifting & Securement Consumables 54%, Installed Lifting Solutions 32%, and Technology & Specialty Solutions 14%[34] - The acquisition is expected to more than double the size of the company, with a 23% Adjusted EBITDA Margin[43] - The company expects to close the acquisition in late 2025[45] Synergies and Financials - The company anticipates approximately $80 million in pre-tax run-rate cost synergies from the Kito Crosby acquisition[48] - The company expects to offset approximately $40 million EBITDA impact from tariffs through mitigation actions by H2 FY26[58]

April 30, 2025 LINCOLN ELECTRIC HOLDINGS, INC. Q1 2025 Earnings Safe Harbor and Regulation G Disclosures Forward-Looking Statements: Statements made during this presentation which are not historical facts may be considered forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied. Forward-looking statements generally can be identified by the use of words such as "may," "will," "expect, ...

Results exceed expectations driven by strong Software revenue growth, significant gross margin expansion and solid free cash flowARMONK, N.Y., April 23, 2025 /PRNewswire/ -- IBM (NYSE: IBM) today announced first-quarter 2025 earnings results."We exceeded expectations for revenue, profitability and free cash flow in the quarter, led by strength across our Software portfolio. There continues to be strong demand for generative AI and our book of business stands at more than $6 billion inception-to-date, up mor ...