Tag: Basic Materials

RPM International surges nearly 10% on earnings beat, strong guidance

On Wednesday, RPM International Inc. (RPM) reported third-quarter adjusted earnings per share of $0.57, significantly exceeding the analyst consensus of $0.35 by $0.22, or 62.9%.

Ecolab to buy CoolIT for $4.75 billion to tap into AI data center boom

Ecolab (ECL) said on Friday it would acquire ​CoolIT Systems from KKR (KKR) for about $4.75 billion in cash, as the ‌water solutions firm seeks to capitalize on surging demand for liquid cooling in artificial intelligence-driven data centers.