Is Crane’s Shift to High-Return Aerospace and Sensing Technologies Reshaping the Case for CR?

In recent months, Crane Company has continued its portfolio overhaul, concentrating on higher-return aerospace, defense, and process flow technologies while completing a roughly US$1.10 billion-plus ...
CT Insider on MSN

CT-based manufacturer ITT to acquire North Carolina-based SPX Flow for $4.8 billion

Stamford-based ITT, a manufacturer and technology-services provider, announced Friday a deal to acquire for $4.8 billion the Charlotte, N.C.-based SPX FLOW from investment firm Lone Star Funds.
PE Hub

Lone Star to sell manufacturer SPX Flow to ITT Inc for $4.7bn

Lone Star Funds has agreed to sell SPX Flow, a Charlotte, North Carolina-based provider of highly engineered equipment and process technologies, to ITT Inc. for $4.775 billion. Lone Star originally ...

GitLab outlines shift to hybrid usage-based model with $946M FY26 revenue target amid AI platform expansion

For the full year FY26, GitLab expects “total revenue of $946 million to $947 million, representing a growth rate of approximately 25% year-over-year.” Non-GAAP operating income is expected to be $147 ...

Texas Tech limits how race and gender can be taught, faculty could be disciplined for noncompliance

The Texas Tech University system is restricting how faculty discuss race, sex, gender identity and sexual orientation in classrooms. Chancellor Brandon Creighton also introduced a process ...