Honeywell completes aerospace spin-off and reverse stock split
Honeywell Technologies (NASDAQ:HON) completed the spin-off of its Aerospace Technologies business, which is now trading independently as Honeywell Aerospace (NASDAQ:HONA).
Honeywell Technologies (NASDAQ:HON) completed the spin-off of its Aerospace Technologies business, which is now trading independently as Honeywell Aerospace (NASDAQ:HONA).
Vertical Aerospace (NYSE:EVTL) announced a long-term agreement with Astronics Corporation (NASDAQ:ATRO) to supply the low-voltage power distribution system for its Valo electric vertical take-off and landing aircraft.
Constellium (NYSE:CSTM) announced the sale of its ownership stake in an automotive structures joint venture in Changchun, China, to a Chinese automotive holding company.
Korn Ferry (NYSE:KFY) has entered into a definitive agreement to acquire UK-headquartered AMS, creating a global leader in talent and organizational consulting.
Kandi Technologies (NASDAQ:KNDI) has agreed to acquire a 51% controlling stake in Hangzhou Xinchu New Energy for RMB20 million, approximately US$2.9 million, in cash.
Locafy (NASDAQ:LCFY) reported total operating revenue of AUD 3.1 million for the nine months ended March 31, 2026, representing 31% growth year over year.
Quantum Cyber (NASDAQ:QUCY) announced that its Board of Directors has approved engaging investment banks to pursue the acquisition of an equity stake in SpaceX (NASDAQ:SPCX).
Cineverse (NASDAQ:CNVS) reported fourth quarter fiscal 2026 revenue of $26 million, an increase of 67% from the prior-year period.
Beyond Air (NASDAQ:XAIR) reported fiscal 2026 revenue of $7.7 million, an increase of 107% year over year.
Apogee Enterprises (NASDAQ:APOG) reported net sales of $342.7 million for the first quarter of fiscal 2027 ended May 30, 2026, a decrease of 1.1% from the prior-year period.
SpaceX (NASDAQ:SPCX) is set to join FTSE Russell U.S. indexes after the close of trading on Friday as part of the semi-annual reconstitution.
Italy’s antitrust authority said it has opened an investigation into Microsoft (NASDAQ:MSFT) over alleged unfair commercial practices linked to price changes in Microsoft 365 subscriptions.
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