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DAT and OTR, one-time partners involved in a lawsuit over factoring, have settled a legal dispute. The post DAT and OTR, embroiled in dispute over factoring, reach settlement and end battle appeared first on FreightWaves.
The Philippines placed 74th out of 177 countries in the Global Education Futures Readiness Index (GEFRI) by Education Futures LLC. The index measures a country’s preparedness for the development of education by factoring in its performance in the dimensions of infrastructure, human capital, school access and gender parity, innovation, and governance. With a GEFRI score […]
It was a quiet week on the economic data calendar, but with earnings season in full swing, further trade announcements, and several Fed officials out speaking, there were no shortage of developments for investors to sift through. To say this earnings season has gone better than expected would be an understatement. At this point, over 80% of companies included in the S&P 500 have reported second-quarter earnings. According to Reuters, after factoring in analysts’ forecasts for the remaining 20%, profit growth is tracking close to 12% annualized. That’s more than double what was expected just one month ago, and has without question been a driving force sustaining the recent strength in equities. At the time of writing, the S&P 500 is up 2% on the week and 8.5% on the year. Meanwhile, term-yields climbed a bit higher on the week, even after President Trump appointed Stephen Miran to complete Adriana Kugler’s brief remaining term on the FOMC, and more dovish leaning Governor Waller was reported to be the frontrunner for Fed Chair.
Many drivers are familiar with the sticker shock of a car repair bill, but the true financial fallout from a major car wreck extends far beyond dented bumpers and deployed airbags. In 2025, the total cost—factoring in medical treatment, lost income, and long-term care—can easily spiral into the hundreds of…
Pentair plc (NYSE:PNR) said Monday it will acquire Hydra-Stop LLC, a U.S.-based maker of specialty valve solutions, in a $290 million cash deal. After factoring in about $50 million in expected tax benefits, the net transaction value comes to roughly $240 million. Hydra-Stop, currently owned by Madison Industries, employs just over 50 people at its Burr Ridge, Illinois headquarters and generates nearly all its sales in the U.S. With approximately 99% of sales in the United States, the business i
We cut our FY26/27E EPS estimates by -4.4%/-1.4%, factoring in temporary disruption from the Ramagundam Fertilizer shutdown. Engineers India Ltd. reported a strong quarter with 39.5% YoY growth in revenue and Ebitda margin remaining flattish YoY to 8.3% due to unfavorable revenue mix. Management reiterating FY26 revenue growth of ~20%, driven by its highmargin Consultancy business (~22% margins) and steady LSTK execution
We increase our earnings estimates of Glenmark Pharma Ltd. for FY26/FY27 by 3%/8%, factoring in- receipt of income from deal related to ISB2001, the recalibration of its domestic formulation portfolio, a moderation in EU/EM businesses, and regulatory constraints for the US business.
Freight technology company Truckstop announced it has acquired Denim, a transportation-focused financial tech business and factoring service that automates invoicing. The post Truckstop.com acquires Denim for AI-driven invoice solutions appeared first on FreightWaves.
We initiate coverage on HDB Financial Ltd. with a Neutral rating and a target price of Rs 860 (premised on 2.7x Sep’27E P/book value). With valuations largely factoring in medium-term growth potential, we would look for clearer evidence of stronger execution on loan growth, ability to better navigate industry/product cycles, and structural (not just cyclical) improvement in return ratios.