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Titan International agreed to sell its Italtractor ITM undercarriage business to USCO S.p.A. for an initial $207 million, with total cash value reaching approximately $285 million including earnouts and adjustments.
Vista Gold agreed to be acquired by Artemis Gold on September 21, with shareholders receiving 0.0966 buyer shares per existing share and owning approximately 5% of the combined company.
Westinghouse Air Brake Technologies announced a rail services agreement exceeding $700 million with La Compagnie du TransGuinéen for the Simandou project in Guinea, bringing combined deal value above $1.2 billion.
Ennis reported third-quarter revenue growth of 3.3% to $102 million but net earnings declined to $9.4 million from $13.2 million, with litigation items and paper cost pressures complicating the comparison.
AutoZone shares rose after reporting fiscal 2026 fourth-quarter net income of $931.6 million, up 11% year-over-year, with earnings per share of $56.05 topping analyst expectations of $53.89.
Bank of America maintained its Buy rating on Meta after the company’s new Muse AI assistant launched on Sept. 8, citing strong early adoption metrics and potential for differentiated consumer products.
