BGSF, Inc. (NYSE: BGSF)provides consulting, managed services, and workforce solutions across IT, finance, and property management sectors. The company has entered into a definitive agreement to sell its Professional Division to INSPYR Solutions, a portfolio company of A&M Capital Partners, for a total consideration …
Blue Water Acquisition Corp. III (Nasdaq:BLUWU)is a blank check company formed for the purpose of effecting a merger or other business combination with one or more businesses. Headquartered in the Cayman Islands, the company is led by Chairman and CEO Joseph Hernandez and intends …
On Tuesday, BofA Securities upgraded ArcBest Corp (NASDAQ: ARCB) from Underperform to Neutral, increasing its price target to USD 74 from USD 63. This adjustment follows discussions with ArcBest’s CFO, Matt Beasley, and reflects a shift in the brokerage’s outlook on the company’s performance. …
Bank of America (BofA)has upgradedBoeing Co. (NYSE: BA)to a‘Buy’rating and sharply increased itsprice target to USD 260, marking the highest valuation on Wall Street for the aerospace company. The previous target was USD 185, and the revised figure suggestsfree cash flow of USD 9 …
Goldman Sachs (NYSE: GS) upgradedArcBest Corp (NASDAQ: ARCB)fromNeutraltoBuyon Monday, raising its price target to USD 101, up from a previous estimate of USD 84. The revised valuation is anchored in an updatedprice-to-earnings (P/E) multiple of 13.0x, up from 11.0x, moving closer to ArcBest’s one …
UL Solutions (NYSE: ULS)is a global provider of testing, inspection, certification, and advisory services. Headquartered in Northbrook, Illinois, the company operates in over 110 countries and supports businesses in addressing challenges related to safety, security, and sustainability. The UL Verified Healthy Building program offers …
ReGen III Corp. (TSXV: GIII),a clean technology company focused on upcycling used motor oil (UMO) into Group III base oils, announced several recent corporate developments, including the issuance of common shares to cover semi-annual debenture interest, the sale of a non-core property, and the …
Rocket Lab Corporation (Nasdaq: RKLB) has entered into a definitive agreement to acquire the parent holding company of Geost, LLC, a U.S.-based electro-optical and infrared (EO/IR) payload provider, for $275 million. The deal is structured with $125 million in cash and $150 million in …
Mountain Air Cargo (NASDAQ: AIRT), a wholly owned subsidiary of Air T, Inc. has completed the acquisition of Royal Aircraft Services, an aircraft maintenance and repair company based in Hagerstown, Maryland. The transaction marks a step in MAC’s effort to expand its maintenance, repair, …
Target Hospitality Corp. (Nasdaq: TH) has been awarded a place on a multi-year, $4.0 billion Emergency Detention and Related Services Strategic Sourcing Vehicle (SSV) by the U.S. Department of Homeland Security (DHS). This SSV, valid through May 16, 2027, enables DHS and U.S. Immigration …