Helsinki Times - Helsinki Times | Kone to acquire TK Elevator in record €29.4bn deal

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Finnish lift maker Kone announced a €29.4 billion acquisition of its German rival TK Elevator, the biggest corporate deal in Finland’s history, which will create the world’s largest lift‑and‑escalator operator with about €20.5 billion in annual revenue, over 100,000 employees and service for more than three million units across 100 countries. The transaction will be financed with roughly €5 billion in cash and the balance in newly issued Kone shares, backed by Bank of America and BNP Paribas, and will leave chairman Antti Herlin retaining control of over half the voting rights. Kone expects about €700 million in annual cost savings from integrated maintenance, procurement and administration, while the combined group will benefit from Kone’s strong Asian presence and TK Elevator’s footprint in the Americas. The deal, which also includes restructuring TK Elevator’s €9 billion debt, is subject to shareholder and regulatory approvals and could close as early as 2027, with Kone’s shares rising on the announcement.

Read more: https://www.helsinkitimes.fi/business/28778-kone-to-acquire-tk-elevator-in-record-29-4bn-deal.html

#Kone #TKElevator #BankofAmerica #AnttiHerlin #PhilippeDelorme #UdayYadav

US Top News and Analysis | This chipmaker is set to rally after a strong earnings report and guidance, says BofA

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Texas Instruments is poised for a strong rally after delivering better‑than‑expected first‑quarter earnings and revenue, which lifted its shares 9% ahead of the market open. Bank of America upgraded the chipmaker to “buy” from “neutral,” raising its price target to $320 from $235—implying a potential 35% upside from the latest close. The firm projects Q2 earnings per share of $1.77‑$2.05, well above the $1.57 consensus, and highlights growth opportunities from an industrial resurgence, expanding data‑center power sales, and its $60 billion U.S. chip‑fabrication build‑out. Analyst Vivek Arya notes that with its high‑quality assets and new U.S. manufacturing capacity, Texas Instruments is well positioned to generate strong free‑cash‑flow growth as it exits its major cap‑ex cycle. This optimistic outlook contrasts with the broader Street consensus, where most analysts still rate the stock as a hold, even as the shares have risen about 55% over the past year.

Read more: https://www.cnbc.com/2026/04/23/this-chipmaker-is-set-to-rally-thanks-after-a-strong-earnings-report-and-guidance-says-bofa.html

#TexasInstruments #BankofAmerica #VivekArya #WallStreet #TXN

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US Top News and Analysis | Bank of America double upgrades this software stock, sees big boost from AI

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Bank of America’s research team upgraded Twilio (NASDAQ: TWLO) to a “buy” and lifted its price target to $190 from $110, suggesting a potential 30.8% upside from the latest close. Analysts highlighted Twilio’s strategic AI positioning, including products such as ConversationRelay—linking human‑like speech to large‑language models like ChatGPT—and Conversational Intelligence, an AI‑driven transcription and language‑analysis service. The firm’s partnerships with AI‑focused startups such as Sierra and ElevenLabs are expected to bolster its gross‑profit growth, projected at 10% year‑over‑year through fiscal 2028. With no comparable competitor delivering similar enterprise‑scale service, the upgrade reflects confidence that Twilio will become a core infrastructure layer for future AI‑driven voice and messaging experiences, and the majority of Wall Street analysts now rate the stock as a strong buy.

Read more: https://www.cnbc.com/2026/04/22/bank-of-america-double-upgrades-this-software-stock-sees-big-boost-from-ai.html

#BankofAmerica #Twilio #KojiIkeda #ChatGPT #ArtificialIntelligence

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Should You Buy NuScale Power While It’s Below $20?

NuScale Power (NYSE: SMR) is a nuclear energy company trying to change several things at once, from how nuclear power plants are built to where power is generated. In simplest terms, it wants to build small modular reactors (SMRs) …
#dining #cooking #diet #food #Nutrition #BankOfAmerica #nuclearenergy #nuclearpowerplants #NuScalePower #nutrition #powergrid
https://www.diningandcooking.com/2610102/should-you-buy-nuscale-power-while-its-below-20/

#BankOfAmerica has sent an email informing account holders that they are adding a #BindingArbitration clause to their agreement. You have 60 days to opt out. Opting out was easy: I clicked a link, and clicked Submit.

If you are a Bank of America account holder, take a moment to check your email and click the opt-out link.

Edit: @androcat rightly says you can get phished by clicking email links. The link I got was https://bankofamerica.com/arbitration-optout - go there directly instead.