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23.03.26 - 11:36
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Knife River Acquires Aggregates and Ready-Mix Business in Montana (Business Wire)
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BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that it has acquired the assets of Donaldson Brothers Ready Mix Inc., an aggregates-based ready-mix supplier in western Montana. This is Knife River's third acquisition in its Mountain Segment in 2026.
Donaldson is a leading supplier of aggregates and ready-mix in the growing Bitterroot Valley, south of Missoula. In addition to three aggregates sources that provide the business with over 30 years of supply, Donaldson operates a ready-mix plant and manufactures precast concrete products.
Last month, Knife River acquired Morgan Asphalt Inc., based in Salt Lake City, Utah. In January, Knife River acquired the assets of Sparrow Enterprises Inc., in Helena, Mont.
“These three acquisitions in the Mountain Segment support our strategy of targeting aggregates-based, vertically integrated opportunities in mid-size, higher-growth markets,” said Knife River President and CEO Brian Gray. “The Donaldson assets provide strategic...
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26.02.26 - 12:03
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Donaldson Reports Second Quarter Fiscal Year 2026 Sales and Earnings (Business Wire)
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Record second quarter sales of $896 million, up 3.0%
GAAP EPS of $0.78, Adjusted EPS of $0.83 on par with prior year second quarter record
Announced margin-accretive Facet acquisition, strengthening core filtration product portfolio
Fiscal 2026 sales, adjusted operating margin and adjusted EPS forecasted at all-time highsMINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported second quarter fiscal 2026 generally accepted accounting principles (GAAP) net earnings of $92.5 million, compared with $95.9 million a year ago. Earnings per share (EPS)1 were $0.78 compared with second quarter fiscal 2025 EPS of $0.79. Second quarter fiscal 2026 results include $6.7 million of pre-tax, non-recurring net charges versus $6.6 million in the prior year. Excluding these items, adjusted second quarter results2,3 reflect net earnings of $97.5 million compared with $101.0 million in fiscal 2025, and EPS...
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11.02.26 - 14:54
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MrBeast Buys Gen Z Bank Just Weeks After BitMine′s $200M Bet (ZeroHedge)
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MrBeast Buys Gen Z Bank Just Weeks After BitMine's $200M Bet
Authored by Brayden Lindrea via CoinTelegraph.com,
Beast Industries, the entertainment company founded by YouTuber Jimmy “MrBeast” Donaldson, is acquiring Step, a mobile banking app focused on teenagers and young adults, marking its most significant push into finance to date.
In a post to X on Monday, Donaldson said the motivation behind the acquisition was to equip young people with the tools and guidance needed to navigate personal finance from an early age.
Source: MrBeast
Beast Industries CEO Jeff Housenbold said, "Financial health is fundamental to overall wellbeing, yet too many people lack access to the tools and knowledge they need to build financial security.”
The acquisition cost was not disclosed.
The YouTube channel's expansion into finance comes after it received a $200 million investment from Ethereum treasury firm BitMine Immersion Technologies in January and a separate trademark filing for “MrBe...
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05.02.26 - 17:42
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Donaldson to Webcast Second Quarter Fiscal 2026 Earnings Conference Call (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its second quarter 2026 earnings conference call on Thursday, February 26, 2026, at 9:00 a.m. CT.
WEBCAST:
To listen to a live webcast of the call, visit the “Events & Presentations” section of Donaldson's Investor Relations website at IR.Donaldson.com and click on the “listen to webcast” option.
REPLAY:
The webcast replay will be available within the “Events & Presentations” section of Donaldson's Investor Relations website beginning at approximately 12:00 p.m. CT on Thursday, February 26, 2026.
About Donaldson Company, Inc.
Founded in 1915, Donaldson (NYSE: DCI) is a global leader in technology-led filtration products and solutions, serving a broad range of industries and advanced markets. Diverse, skilled employees at over 150 locations on six continents partner with customers from small business owners to R&D organizations and th...
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