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United States Industrials

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Industrials

REX American resources net income doubles on tax credits, lower corn costs

REX American Resources (NYSE:REX) reported that its fiscal first-quarter net income more than doubled, overcoming a slight top-line contraction as government incentives and falling raw material costs significantly expanded margins for the biofuel producer.

Leia mais: REX American resources net income doubles on tax credits, lower corn costs
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AkzoNobel rejects joint $14.53B takeover bid from Nippon Paint and Sherwin-Williams

AkzoNobel has rejected a joint 12.49 billion-euro ($14.53 billion) all-cash takeover proposal from Japan’s Nippon Paint Holdings and U.S.-based The Sherwin-Williams Company (NYSE:SHW), choosing instead to advance its previously agreed-upon merger with Axalta Coating Systems.

Leia mais: AkzoNobel rejects joint $14.53B takeover bid from Nippon Paint and Sherwin-Williams