FILTERED RESULTS
FILTERS
•
·
·
FILTERED RESULTS
New Zealand's GDP Data Release Expected to Impact NZD/USD Exchange Rate
Hawkish Warsh Lifts Dollar as Traders Bet on More Rate Increases
Why is Generac stock surging today?
Zipline valuation triples in $1 billion funding talks - Bloomberg
Oil slips as Saudi Arabia offers more crude via Oman
Bond Traders Signal Warsh Crediblity Growing in Inflation Fight
DTEK receives $97.5 million U.S. loan for battery storage
Generac stock surges 18% on $8B Amazon supply deal
Fed rate hike pushes two-year Treasury yields to highest since July 2024
Boeing CEO Warns of Impact from SPEEA Strike on 777X Certification
Fluence Energy stock tumbles 22% on slashed fiscal 2026 guidance
The 3 steps to joining the 401(k) millionaire club
BCB Bancorp stock tumbles 21% on stock offering and loan losses
Wall Street falls as Fed signals more hikes, Warsh says inflation still too high
Stocks fall as Fed delivers hawkish rate hike
Federal Reserve delivers first rate hike since 2023
New Zealand's Q2 GDP Expected to Show Minimal Growth Ahead of RBNZ Rate Decision
U.S. Stocks Decline Following Federal Reserve Rate Hike
Federal Reserve's Warsh Concludes Press Conference as Markets Evaluate Future Rate Decisions
US Treasury International Capital Flows Show Mixed Results for July
US appeals court blocks Kalshi from offering event contracts on Native American lands
US 10-Year Treasury Yield Reaches 5.002% Amid Rate Pressure Signals
Canadian M&A Sentiment Amid Trade War
Ualett Introduces International Money Transfer Service
House Committee Advances First-Ever Crypto Tax Bill
Boeing CEO Lowers Expectations for China Jet Orders Ahead of Trump-Xi Summit
Why it may become harder to get coverage for GLP-1 weight-loss drugs
S&P upgrades Packaging Corp. rating to BBB+ on low leverage
INNIO’s credit rating upgraded to Ba3 by Moody’s
What to know about the Fed’s decision.
SpaceXAI Launches Grok Memory Feature for Enhanced User Experience
Gold Swings Lower as Fed Tilts Hawkish After Raising Rates
Top Democrat on US House committee will not support Israel bomb sale
Soybean futures rise on US-China trade meeting expectations
KNDS IPO may be delayed as defense shares weaken - Bloomberg
US senators seek more information on Trump’s Saudi nuclear proposal, letter says
Federal Reserve Chair Discusses Recent Rate Hike Decision
QCB hikes rates by 25 bps
Why Kevin Warsh Again Skipped the Fed’s Dot Plot
SGF Capital sells $1.9 billion stake in Diamondback Energy
Goldman Sachs stock falls after CEO warns of softer trading
KeyCorp raises prime rate after Fed decision
Tankmaker KNDS Said to Consider Delaying Initial Public Offering
Takeaways From the Fed’s Decision to Raise Interest Rates
Federal Reserve Official Emphasizes Importance of Price Stability for Economic Growth
Crude Oil WTI stalls at $102.42 with bearish reversal forming: Live
Natural Gas coils under $2.90 cloud resistance: Live levels
Why is Goldman Sachs stock sliding today?
Boeing CEO says it is taking longer to stabilize 737 MAX output; shares slide
Fed raises rates for first time since 2023, Warsh says inflation still too high
Turkish Funds With $7.5 Billion Assets Default on Redemption
Federal Reserve Official Highlights Importance of Price Stability for Workers' Wages
Boeing Sees Testing on 777X Spilling Into 2027 on Engine Issue
Radiant Says Glencore Helped When Jefferies Probed Its Trades
Traders Anticipate Additional Federal Reserve Rate Hikes by Year-End
Rising Bond Yields Attributed to Economic Strength and Geopolitical Factors
Warsh Says Fed Rate Hike Is a Commitment to Price Stability
Boeing stock tumbles after CEO flags production, cash flow concerns
US Postal Service chief told associates he wants to quit, sources say
Warsh says US economy has strengthened, inflation is the problem
Dollar rises after Fed hikes rates in bid to counter inflation
Dollar Jumps as Fed Sends Hawkish Signal After Rate Increase
US Dollar Strengthens Following FOMC Decision, Major Currency Pairs at Technical Crossroads
Federal Reserve Official Reports Economic Strength Amid Ongoing Inflation Concerns
American Express Escalates Business Banking War With High-Yield Savings Launch
Stocks Fall as Fed Hikes and Signals More to Come: Markets Wrap
US Two-Year Yields Rise as Traders Bet on Further Fed Increases
Venezuela Aluminum Heads to US as Heeney Unveils Gold Deal
Firms Shy Away From Long-Dated Bond Offerings as Costs Rise
Cerberus to acquire Goodwin defence assets in $1.5bn deal
UK engineering group Goodwin has agreed to sell a substantial portion of its defence-related Mechanical Engineering division to US private equity firm Cerberus Capital Management for £1.1bn ($1.49bn), according to a report by Reuters.
The transaction covers Goodwin Steel Castings, Goodwin International, Noreva, Easat Group and Pumps, with the businesses supplying components for naval vessels and submarine programmes in both the UK and US.
The deal comes amid strong demand for precision-engineered castings used in defence and nuclear applications, alongside growing exports to the US Navy. Goodwin said the Mechanical Engineering division was a strong performer in its latest financial year, with revenues increasing by almost 39% in fiscal 2026.
Goodwin, which is listed in London and also manufactures specialist valves, pumps and other engineered products, began exploring a potential disposal of parts of its Mechanical Engineering division in August as part of a broader strategic review.
The company said it intends to return a significant proportion of the proceeds to shareholders.
The proposed sale follows a sharp reaction in Goodwin’s share price after reports of the discussions emerged. The stock fell 23% on Tuesday and declined a further 4% on Wednesday.
The valuation has prompted some debate among analysts, given the strategic importance of the assets. John West, global head of analysis at Mergermarket, said the price might be viewed as reasonable for some casting businesses but questioned whether that adequately reflected Goodwin’s position as a key supplier to the UK and US navies.
The transaction is likely to face scrutiny from the UK government under the National Security and Investment Act, which gives ministers powers to intervene in deals involving assets considered important to national security.
Goodwin’s UK operations remain its largest source of revenue, accounting for 29% of the group’s total, while the US has expanded to approximately 24%, according to the company’s latest annual report.
Source: Private Equity Wire