(Reuters) -Aerospace supplier TransDigm Group said on Monday it will acquire Simmonds Precision Products from defense contractor RTX Corp for about $765 million in cash. Simmonds makes fuel and proximity sensing and structural health monitoring products for the aerospace and defense industry. Cleveland, Ohio-based TransDigm supplies aircraft components such as cockpit security systems and engine ...
Monday’s trading session has seen notable movements in the stock market, with some stocks experiencing significant intra-day volatility. Mega-cap stock Palantir Technologies Inc (NASDAQ:PLTR) has soared following a strategic partnership announcement, while large-cap Circle Internet Group Inc (CRCL) has surged on a positive analyst rating. Here are some of the most prominent stock movers of the ...
By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court agreed on Monday to decide a copyright dispute between Cox Communications and a group of music labels following a judicial decision that threw out a $1 billion jury verdict against the internet service provider over alleged piracy of music by Cox customers. The justices took up Cox’s appeal of the lower court’s decision that i ...
Investing.com -- Morgan Stanley analysts said in a note Monday that as the U.S. dollar’s 15-year bull run appears to be ending, they see a clear opportunity for European equities with advanced foreign exchange (FX) hedging strategies to outperform. The bank highlighted how companies that manage currency risks effectively are likely to benefit as the euro gains ground. “We find compa ...