07:18 AM EDT, 08/18/2025 (MT Newswires) -- Pentair ( PNR ) said Monday it agreed to acquire Hydra-Stop from Madison Industries for about $290 million in cash. Hydra-Stop manufactures insertion valve and line stop and is likely to generate about $50 million this year, Pentair ( PNR ) said. The company expects the deal to close by the end of...

07:15 AM EDT, 08/18/2025 (MT Newswires) -- FibroGen ( FGEN ) said Monday that the China State Administration for Market Regulation has approved the sale of its Chinese unit to a subsidiary of AstraZeneca ( AZN ) . The company announced the deal in February, saying it has agreed to sell FibroGen International (Hong Kong) for about $160 million. FibroGen...

07:14 AM EDT, 08/18/2025 (MT Newswires) -- BBVA Research estimates that Peru's central bank (BCRP) will maintain the monetary policy rate at 4.50% in the coming months. This neutral monetary position is consistent with an outlook of no inflationary pressures and economic activity advancing at a pace close to its potential, noted BBVA Research. However, the bias in this forecast...

07:14 AM EDT, 08/18/2025 (MT Newswires) -- Fortuna Mining ( FSM ) reported Monday the latest drilling results from the Kingfisher and Sunbird deposits at the Seguela Mine in Cote d'Ivoire. Highlights include 4.5 grams per tonne (g/t) gold over 37.4 meters at Kingfisher and 11.2 g/t gold over 5.6 meters at Sunbird. Mineralization remains open at depth and along...