Avanos Medical (AVNS) and American Industrial Partners said Thursday they have obtained all required regulatory approvals to complete the acquisition of Avanos by affiliates of investment funds advised by American Industrial.
The special meeting of Avanos stockholders to approve the transaction will be held on July 22. The deal is expected to close July 27, the companies said.
Price: $24.93, Change: $+0.30, Percent Change: +1.22%
Greenbrier Companies (GBX) reported fiscal Q3 earnings late Wednesday of $0.60 per diluted share, down from $1.86 a year earlier.Three analysts polled by FactSet expected $0.60.Revenue for the quarter ended May 31 was $576.5 million, down from $842.7 million a year earlier.Three analysts expected $612.7 million.The company reiterated its fiscal 2026 revenue outlook of $2.4 billion to $2.5 billion and revised its EPS guidance to $3.00 to $3.15 from a prior range of $3.00 to $3.50.Three analysts expect revenue of $2.54 billion on EPS of $3.12.
Major digital assets rose Wednesday, with Bitcoin (BTC-USD) holding above $60,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 2.6% in the past 24 hours. The Nasdaq 100 declined 1.4%, the S&P 500 fell 0.1%, and the Dow Jones Industrial Average increased 0.1%.Bitcoin rose 2.4% to $60,106, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume increased 8.8% to $35.19 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, added 2.5% to $1,616.XRP (XRP-USD) rose 1.7%, BNB (BNB-USD) gained 0.7%, and Solana (SOL-USD) added 4.7%. Dogecoin (DOGE-USD) increased 0.7%, while Cardano (ADA-USD) surged 5.6%.The US 10-year Treasury yield stood at 4.475% at 3 p.m. ET Wednesday, up from 4.418% Tuesday, while the five-year yield rose to 4.232% from 4.186%.The total market value of the cryptocurrency industry rose 2% in the past 24 hours to $2.08 trillion, with trading volume gaining 7.3% to $80.73 billion.Price: $60070.70, Change: $+1520.84, Percent Change: +2.60%
Accelerant Holdings (ARX) said Wednesday it launched the ARX Consortium, backed by seven Lloyd's of London, syndicates, to bolster its partnership with the specialty insurance market.Price: $12.70, Change: $+0.98, Percent Change: +8.36%