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Nucor Expands Portfolio With $565M Acquisition of Rytec - Carpenter Tech (NYSE:CRS), ATI (NYSE:ATI)

Nucor Corporation (NYSE: NUE) announced an agreement to acquire Rytec Corporation, a leading manufacturer and seller of high-speed, high-performance commercial doors, for $565 million in an all-cash transaction. This represents approximately 12.5 times Rytec's projected 2024 EBITDA.

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CATO Q1 Earnings Improve Y/Y on Lower Costs, Sales Down - Cato (NYSE:CATO)

CATO Q1 Earnings Improve Y/Y on Lower Costs, Sales Down - Cato (NYSE:CATO)
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Target Q1 Earnings Miss Estimates, Comps Decline Y/Y - Casey's General Stores (NASDAQ:CASY), Sprouts Farmers Market (NASDAQ:SFM)

Target Corporation (NYSE: TGT) came up with first-quarter fiscal 2024 results, wherein the top line marginally came ahead of the Zacks Consensus Estimate, while the bottom line missed the same. However, both the metrics declined year over year.

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SONY's Q4 Earnings and Revenues Up Y/Y, 2024 Outlook Issued - Arista Networks (NYSE:ANET), Super Micro Computer (NASDAQ:SMCI)

SONY's Q4 Earnings and Revenues Up Y/Y, 2024 Outlook Issued - Arista Networks (NYSE:ANET), Super Micro Computer (NASDAQ:SMCI)
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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FMC Corp Teams Up With AgroSpheres for Bioinsecticides - Carpenter Tech (NYSE:CRS), ATI (NYSE:ATI)

FMC Corp Teams Up With AgroSpheres for Bioinsecticides - Carpenter Tech (NYSE:CRS), ATI (NYSE:ATI)
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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