HIG Capital to buy majority stake in Germany’s Terras Group
The private equity firm plans to back Terras’ expansion in German infrastructure engineering markets, according to PE Hub.
By Marcus V. Thorne 1 month agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
Pulte fires dozens at US intelligence office, MS Now reports
Acting intelligence chief Bill Pulte issued termination notices after Trump called for broad removals at the DNI office, according...
By Marcus V. Thorne 1 month agoUS wholesale inventories edged higher in April as sales also rose
Government data showed a 0.1% April rise in both U.S. wholesale inventories and sales, leaving the inventory-to-sales ratio unchan...
By Marcus V. Thorne 1 month ago
US inflation gauge rose in May as energy shock broadened
The Fed’s preferred price measure climbed 0.4% in May, with annual inflation at 4.1% as the Iran war lifted energy costs.
By Marcus V. Thorne 1 month agoHibbett shares edge lower after quarterly sales trail expectations
The retailer beat FactSet profit estimates for fiscal first quarter, but revenue and comparable sales fell short as JD Sports’ $1....
By Marcus V. Thorne 1 month ago
European officials warn AI is moving faster than financial rules
Central bankers and regulators say AI could lift productivity, but faster adoption is testing oversight of market integrity, cyber...
By Marcus V. Thorne 1 month ago
India warns Meta over Instagram child abuse ads
New Delhi ordered Instagram to remove child abuse-related ads and content, adding to scrutiny of Meta’s platforms in its largest u...
By Marcus V. Thorne 1 month ago
Airlines stretch Europe schedules as heat and crowds shift demand
U.S. carriers are adding Europe flights beyond summer as travelers seek cooler, cheaper periods and fuel costs pressure airline ma...
By Marcus V. Thorne 1 month agoMoody’s puts Boeing ratings on downgrade watch after strike vote
A cut from Baa3 would push Boeing into speculative-grade territory, potentially narrowing its access to debt investors.
By Marcus V. Thorne 1 month agoArcBest adjusted earnings trail estimates as revenue declines
ArcBest’s second-quarter net income rose, but adjusted profit missed FactSet expectations and revenue fell 2.3% amid weaker shipme...
By Marcus V. Thorne 1 month ago
Heat wave strains US power markets ahead of July 4 travel rush
Temperatures forecast as high as 105°F are lifting power demand, raising wholesale electricity prices and threatening rail, air an...
By Marcus V. Thorne 1 month ago
Prosecutors seek 12 to 18 months for deli stock case defendant
James Patten faces July sentencing after pleading guilty in the $100 million New Jersey deli stock manipulation case.
By Marcus V. Thorne 1 month ago