Unit Corporation (UNTC)
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Honeywell Divests PPE Business, Set to Acquire Catalyst Technologies Unit
HON's divestment of its PPE business and deal to acquire Johnson Matthey's Catalyst Technologies business are part of its realignment plan to optimize its business portfolio and deliver sustained growth.
Honeywell to Buy Johnson Matthey's Catalyst Unit For $2.4 Billion
The U.S. industrials conglomerate agreed to buy British platinum refiner Johnson Matthey's catalysts unit.
BASF's Unit Powers Langelsheim Site With 100% Renewable Electricity
BASF's Chemetall remains dedicated to advancing sustainability through innovative surface treatment technologies.
Phillips 66 to Divest Majority Stake in European Fuel Retail Unit
PSX is divesting a 65% stake in its Germany and Austria retail business, valued at $2.8 billion, as part of its strategy to streamline the portfolio and focus on core refining and midstream assets.
Oceaneering Sells its Entertainment Unit to Falcon's Beyond
OII's entertainment arm is acquired by Falcon's Beyond to amplify its leadership in themed entertainment.
Amazon Cuts 100 Jobs in Devices Unit Amid Ongoing Efficiency Drive
Amazon reportedly cut about 100 jobs in its devices and services unit, saying it did so as part of a regular business review. The layoffs amount to a small portion of the unit's total workforce, Reuters reported Wednesday (May 14), citing a company spokesperson.
Life Time Group: Premium Unit Economics Lead Attractive Growth Runway (Rating Upgrade)
Life Time Group Holdings, Inc. has shown incredible business momentum, continuing in Q1. Life Time's increasingly premium brand has caused significant growth. LTH's new unit economics are increasingly attractive based on an improved brand and asset-light leased growth. The company's growth ambition remains good. Based on updated DCF model assumptions, I now estimate LTH to have 46% upside to $41.6.
Bayer Q1 Earnings Beat Estimates, Crop Science Unit Hurts Sales
BAYRY's first-quarter earnings beat expectations. Revenues miss estimates, mainly due to lower sales of its products in the Crop Science division.
DHL Unit Acquires IDS Fulfillment, Eyeing Smaller E-Commerce Customers
The deal was in place before President Trump's new tariffs, but might bring opportunities as companies wrestle with higher costs.
Tenet Beats Q1 Earnings on Strong Ambulatory Unit, Ups '25 EPS View
THC's first-quarter results benefit on the back of higher net revenue per case and the expansion of service lines within the Ambulatory Care unit. It currently expects 2025 adjusted EPS within $11.99-$13.12.
Will Strong Market Making Unit Aid Virtu Financial's Q1 Earnings?
VIRT's Q1 results are expected to gain on higher trading income in the Market Making and Execution Services segments.
L'Oreal Sales Rise After Boost From Luxe Unit
L'Oréal Chief Executive Nicolas Hieronimus said he is optimistic on the outlook for the global beauty market despite economic and geopolitical tensions.
