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Business

Kadant Acquires Longtime Supplier voestalpine BÖHLER Profil in €157M Strategic Move, Eyes Long-Term Gains Despite Near-Term Dilution

Industrial components maker Kadant Inc. (KAI) has finalized a €157 million deal to acquire Austrian precision parts manufacturer voestalpine BÖHLER Profil, a key supplier for over three decades. While the acquisition strengthens Kadant's consumables-focused strategy and secures critical patented technology, executives caution that accounting complexities and existing inventory will dilute earnings through much of 2026 before margin benefits materialize.

Business

GSK Charts Steady Course After Strong 2025, Eyes Key Launches in 2026

GSK reported robust full-year 2025 results, with sales exceeding £32 billion and profit growth outpacing revenue. Executives outlined a 2026 strategy focused on maximizing recent drug launches, accelerating late-stage pipeline assets, and leveraging technology, while navigating currency headwinds and a profit shift to the second half.

Business

Power Integrations Tightens Governance Amid Leadership Transition, Leaving Investors to Weigh the Impact

Power Integrations (POWI) has enacted a significant overhaul of its corporate bylaws and governance procedures while granting new equity awards to incoming executives. The moves come as the chip designer navigates a leadership reset and a challenging near-term revenue outlook, prompting investors to question whether these changes are mere administrative updates or signals of a deeper strategic shift.