Oct 16 (Reuters) - Private equity firm Sentinel Capital Partners said on Thursday it sold the HVAC division of NSI Industries to Lennox International ( LII ) for about $550 million in cash. NSI Industries, a supplier of branded electrical components across the U.S. and Canada, will streamline operations to focus on its core electrical business, Sentinel said. The HVAC...

11:19 AM EDT, 10/16/2025 (MT Newswires) -- J.B. Hunt Transport Services (JBHT) had robust Q3 beat largely driven by structural cost actions, and the focus moving forward will be on the sustainability of the cost traction, Morgan Stanley said in a Thursday note. The company revealed that it had achieved more than $20 million of its cost reduction target of...

SAN FRANCISCO--(BUSINESS WIRE)-- Ripple, the leading provider of digital asset infrastructure for the enterprise, today announced its $1 billion acquisition of GTreasury, the global leader in treasury management systems. This deal marks significant expansion for Ripple, immediately opening up the multi-trillion dollar corporate treasury market and access to many of the largest and most successful corporate customers. GTreasury brings over...

American Battery Technology Co.  stock tumbled Thursday after the U.S. Department of Energy (DOE) terminated its federal grant for a $115 million Nevada lithium hydroxide project.  ABAT stock is tumbling. See the real-time price action here.  DOE Grant Canceled  The grant, part of the DOE's Manufacturing Energy Supply Chain program, was designed to fund the construction of a commercial-scale lithium...