Nordson, an adhesive manufacturing company, announced on Wednesday that its sales have continued to rise in the latest quarter. This growth was primarily driven by the success of its industrial precision unit, as well as a positive impact from currency translation and recent acquisitions. During the fiscal fourth quarter, which ended on October 31, the company's net profit … [Read more...] about Nordson Reports Strong Sales Growth
Acquisitions
Unusual Machines Cuts IPO Size and Plans Acquisitions
Unusual Machines, a drone industry-focused company based in Puerto Rico, has decided to reduce the size of its initial public offering (IPO) from 1.5 million shares to 1 million shares. According to a filing with the Securities and Exchange Commission, the company expects to generate a net revenue of approximately $4.63 million, based on an anticipated price range of $4 to $6 … [Read more...] about Unusual Machines Cuts IPO Size and Plans Acquisitions
CVS Health to Cut 5,000 Jobs in Cost-Saving Drive
CVS Health, a leading healthcare giant, has announced plans to cut approximately 5,000 jobs in an effort to save costs. The move comes after the company made significant acquisitions to expand into primary care. According to a report from The Wall Street Journal, CVS has stated that the job cuts will primarily affect corporate positions and will not impact customer-oriented … [Read more...] about CVS Health to Cut 5,000 Jobs in Cost-Saving Drive
