Jefferies Starts Coverage on BlackSky With Buy Rating
Jefferies initiated coverage of BlackSky with a Buy rating and a $23 price target, citing strong growth potential from its space-based imagery business and new satellite constellation.
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T1 Energy & Treaty Oak Sign 900MW Solar Manufacturing Deal
T1 Energy signs 3-year deal with Treaty Oak to supply 900MW of domestically-produced solar modules from its new Texas manufacturing facility.
Honeywell Slashes Outlook Amid Spin-Off and Legal Troubles
Honeywell restructures into 4 segments, excludes Advanced Materials from operations, and revises 2025 guidance to $37.5-37.7B sales.
Clearwater Analytics to Go Private in $8.4 Billion Sale
Clearwater Analytics selling to Permira & Warburg Pincus for $8.4B. Shareholders get $24.55/share. Going private to focus on AI.
Rocket Lab Secures $816M Contract to Build Defense Satellites
Rocket Lab secures $816M contract to build 18 missile-defense satellites for U.S. Space Force, its largest deal yet, totaling $1.3B in awards.
BlackBerry Shares Drop Despite Profit as QNX Growth Concerns Mount
BlackBerry stock fell over 11% despite Q3 profit and raised guidance, as investors worry about slowing growth at its key QNX embedded software division.