MarketPulse

business divestiture

6 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Na

NOVONIX Sharpens Focus: Divests Battery Unit to Concentrate on Synthetic Graphite

NOVONIX divests its Battery Technology Solutions division for $1 plus $2M cash and a 15% equity stake, refocusing entirely on North American synthetic graphite production.
NVXcritical mineralsbusiness divestiture
The Motley FoolThe Motley Fool··Rich Smith

Textron Surges on Earnings Beat and Strategic Pivot to Pure-Play Defense

Textron stock jumped 4.9% after beating Q1 earnings forecasts and announcing plans to divest its underperforming Industrial division, positioning itself as a pure-play aerospace and defense contractor.
TXTaerospace and defensebacklog growth
BenzingaBenzinga··Lekha Gupta

Honeywell Stock Tumbles Despite Earnings Beat as Divestitures Signal Portfolio Overhaul

Honeywell shares fell 5.44% after Q1 earnings beat offset by revenue miss. Company divests units ahead of aerospace spin-off despite geopolitical headwinds.
BRCHONrevenue missearnings beat
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Iveco Group Returns €5.7B to Shareholders After Leonardo Defence Business Sale

Iveco Group completed defence unit sale to Leonardo, approving interim dividend of €5.7-5.8 per share from proceeds.
IVCGFFINMYshareholder returnsbusiness divestiture
The Motley FoolThe Motley Fool··Keith Noonan

Clarivate Surges on Earnings Beat, Strategic Business Review

Clarivate shares surged 31.4% after beating earnings expectations and issuing strong guidance. The company is also exploring a divestiture of its life sciences unit to reduce debt.
CLVTearnings beatforward guidance
BenzingaBenzinga··Globe Newswire

Altus Group Divests Canadian Appraisals Unit to Newmark in Strategic Portfolio Realignment

Altus Group sells Canadian Appraisals unit to Newmark, closing March 2026. Newmark gains software licensing agreement for Altus' ARGUS Intelligence platform.
NMRKM&Acommercial real estate