Financial Disclosure

LUNGevity Commits $2M to Two AI-Driven Lung Nodule Diagnostic Trials

Image
LUNGevity Commits $2M to Two AI-Driven Lung Nodule Diagnostic Trials

Washington, D.C. – September 29, 2026 -- LUNGevity Foundation has committed $2 million to fund two three-year clinical research projects aimed at improving the diagnosis of indeterminate pulmonary nodules (IPNs), a condition affecting more than 1.5 million Americans annually after routine chest CT scans.

The funding, awarded through the 2026 RTFCCR/LUNGevity Early Detection Award in partnership with the Rising Tide Foundation for Clinical Cancer Research (RTFCCR), targets a diagnostic gap that currently forces many patients into unnecessary invasive procedures or prolonged uncertainty when non-invasive tools fail to determine whether a lung nodule is benign or malignant.

Valmet to Pay EUR 0.67 Second Dividend Instalment on Oct 7

Espoo – September 29, 2026 -- Valmet Oyj's Board of Directors has confirmed that the second instalment of its 2025 dividend, EUR 0.67 per share, will be paid on October 7, 2026.

Shareholders on record October 1 qualify for payout

The dividend will go to shareholders registered in Valmet's shareholders' register held by Euroclear Finland Oy on the record date of October 1, 2026.

Total 2025 dividend reaches EUR 1.35 per share in two tranches

Valmet's Annual General Meeting in 2026 approved a total dividend of EUR 1.35 per share for the 2025 financial year, split into two instalments. The first tranche of EUR 0.68 per share was paid on April 9, 2026.

Payout ratio hits 89%, well above policy floor

Valmet's dividend policy commits to distributing at least 50% of the period's profit as dividend. The 2025 payout ratio stands at 89%, substantially exceeding that minimum threshold.

Nel ASA Wins $12M Collins Aerospace Order for US Navy Submarine Oxygen Systems

Oslo, Norway – September 29, 2026 -- Nel ASA has secured a purchase order worth approximately USD 12 million from Collins Aerospace for PEM electrolyser stacks destined for US Navy submarine life-support systems. The order was placed through Nel Hydrogen US, a subsidiary of the Oslo-listed hydrogen technology company (OSE: NEL).

Collins Aerospace extends long-running defence procurement with Nel

The stacks will generate oxygen for submarine crews, an application where equipment failure carries direct safety consequences. Nel's Chief Commercial Officer, Todd Cartwright, said the order extends a long-standing cooperation with Collins Aerospace built around reliable oxygen generation for demanding submarine applications, and confirms the continued relevance of the company's PEM technology and manufacturing capabilities.

Arkestro's European Procurement Spend Hits $300M, Grows 93% Annually

Image
Arkestro's European Procurement Spend Hits $300M, Grows 93% Annually

Amsterdam – September 29, 2026 -- Nearly $300 million in European spend has now moved through Arkestro's predictive procurement platform, with regional volume growing 93% year over year, the company announced at DPW Amsterdam 2026.

Baseline spend in international procurement events surged 330% from 2024 to 2025

Arkestro projects a further 47% increase in 2026 as existing global customers extend the platform into additional European teams, categories and supplier networks. The company said the growth reflects enterprises seeking faster procurement decisions amid market volatility.

Platform users across Europe grew 78% year over year

Arkestro's buyer and supplier interactions now span 34 countries, and customers running completed European procurement events have generated approximately 10% average savings, the company said.

Ghaben Auto Group Acquires Genesis of Glenview Dealership

Image
Ghaben Auto Group Acquires Genesis of Glenview Dealership

Irvine, Calif. – – September 29, 2026 -- Performance Brokerage Services has brokered the sale of Genesis of Glenview, Illinois, to Joe Ghaben, adding a fifth franchise point to the Chicago-area Ghaben Auto Group.

Ghaben Auto Group expands Chicago footprint with Genesis acquisition

Ghaben Auto Group, founded in 2004, already operates Volkswagen of Oak Lawn, Volkswagen of Orland Park, and the two-location Ultimo Motors luxury pre-owned brand in Northbrook and Westmont. The Genesis acquisition marks the group's entry into the Genesis franchise network.

Dealership will relocate to a new facility on Patriot Boulevard

Genesis of Glenview will retain its name but move operations to a newly built facility at 2929 Patriot Boulevard in Glenview, Illinois.

Hengrui Licenses Oral GLP-1/GIP Drug to Novo in $2.6B Deal

Image
Hengrui Licenses Oral GLP-1/GIP Drug to Novo in $2.6B Deal

Shanghai – – September 29, 2026 -- Hengrui Pharma has licensed its investigational obesity and diabetes drug HRS-1596 to Novo Nordisk in a deal worth up to 2.6 billion US dollars, including a 300 million dollar upfront payment.

Novo secures global rights excluding Greater China

Under the agreement, Novo obtains exclusive rights to develop, manufacture and commercialise HRS-1596 worldwide, excluding the Chinese mainland, Hong Kong SAR, Macao SAR and Taiwan Region. Hengrui Pharma retains eligibility for royalties on net sales of the drug within Novo's licensed territory, on top of the milestone-based payments tied to development, regulatory and commercial targets.

Zoomlion Secures $300M Credit Insurance, $50M Factoring Deal

Shanghai – – September 29, 2026 -- Zoomlion Heavy Industry Science & Technology Co., Ltd. has signed a US$300 million portfolio credit insurance policy alongside an initial US$50 million non-recourse factoring agreement, creating a tiered financing structure for the company's overseas installment receivables. The deals were finalized at the Zoomlion 2026 Global Financial Partners Summit in Shanghai on September 11.

New framework converts overseas receivables into standardized, investment-grade assets

Developed over six months with international insurers and financial institutions, the arrangement lets overseas installment receivables covered by the credit insurance policy be factored with an overseas bank on a non-recourse basis. The structure replaces transaction-by-transaction handling of overseas receivables with a scalable, replicable financing model.

NKT Sets Capital Allocation Framework, Moves Up Karlskrona Plant Timeline

Copenhagen – September 29, 2026 -- NKT used its Investor Day 2026 in Karlskrona, Sweden, to unveil a formal capital allocation framework and confirm that commercial operation at its expanded Karlskrona facility will begin in Q2 2027, slightly ahead of the original schedule.

NKT ties cash generation to a four-priority capital allocation framework

The company said it will maintain a robust balance sheet, targeting net interest-bearing debt to operational EBITDA below 0x. Beyond balance-sheet discipline, NKT will direct capital toward organic growth and strategically aligned, value-accretive acquisitions, commit to a minimum annual dividend of 20% of adjusted net profit with an ambition for a stable payout per share, and return excess cash via share buybacks or extraordinary dividends when conditions allow.

Petrus Advisers Calls Tata Motors' €14.10 Iveco Offer Undervalued

Image
Petrus Advisers Calls Tata Motors' €14.10 Iveco Offer Undervalued

St. Helier – September 29, 2026 -- Petrus Advisers, which holds roughly 3.8% of Iveco Group N.V. shares, has publicly rejected Tata Motors' all-cash voluntary tender offer of €14.10 per share, arguing the bid fails to reflect fair value for Iveco shareholders.

Petrus says the offer undervalues Iveco against industry peers

In a presentation released today, Petrus Legal Strategies (Jersey) Limited and Petrus Advisers Limited outlined three core objections to the transaction. The investment firm argues the €14.10 price sits below comparable valuations for peer companies in the commercial vehicle sector.

SEMIFIVE Signs $52M Deal for AI Inference Chip, Its Largest Contract

Image
SEMIFIVE Signs $52M Deal for AI Inference Chip, Its Largest Contract

Seoul – – September 29, 2026 -- SEMIFIVE has signed a contract worth approximately KRW 70.3 billion ($52 million) with a U.S.-based AI fabless company to develop a next-generation AI inference accelerator, marking the South Korean custom ASIC provider's largest single contract to date.

Deal size dwarfs prior order volumes

The contract alone equals more than 40% of SEMIFIVE's total 2025 orders of KRW 168.4 billion and roughly 60% of the KRW 118.9 billion in new orders booked during the first half of 2026. It also marks the company's first "Spec Hand-off" engagement in North America.