Willow Lane Acquisition ( WLAC ) on Wednesday said that none of its shareholders opted to redeem their shares ahead of its proposed business combination with Boost Run Holdings, leaving about $133.8 million in its trust account available for the deal. The special purpose acquisition company said the full amount, as of March 12, 2026, is expected to be delivered to the combined company at closing, ...
Willow Lane Acquisition ( WLAC ) on Wednesday said that none of its shareholders opted to redeem their shares ahead of its proposed business combination with Boost Run Holdings, leaving about $133.8 million in its trust account available for the deal. The special purpose acquisition company said the full amount, as of March 12, 2026, is expected to be delivered to the combined company at closing, reflecting what it described as strong shareholder support. An extraordinary general meeting is scheduled for April 30, 2026, where shareholders will vote on proposals related to the transaction. The deal is expected to close shortly after the meeting, subject to shareholder and regulatory approvals and other customary conditions. Source: Press Release More on Willow Lane Acquisition Corp. Financial information for Willow Lane Acquisition Corp.
Bill Ackman ’s Pershing Square is finally going public after years of social media-hyping about building an empire modeled on Warren Buffett ’s, and even after raising $5 billion for his vision, the hedge-fund billionaire faces another test. As the New York Stock Exchange readies the opening trades following the combined initial public offering of his closed-end fund and his asset manager, the 59-...
Bill Ackman ’s Pershing Square is finally going public after years of social media-hyping about building an empire modeled on Warren Buffett ’s, and even after raising $5 billion for his vision, the hedge-fund billionaire faces another test. As the New York Stock Exchange readies the opening trades following the combined initial public offering of his closed-end fund and his asset manager, the 59-year-old’s latest venture isn’t out of the woods. The funds raised for Pershing Square USA Ltd. came at the low end of a fundraising target of as much as $10 billion, and the majority of the cash was already spoken for before the process began. The $5 billion haul was the bare minimum to keep the early investors who signed up to buy $2.8 billion locked into the deal, and fell well short of the lofty $25 billion that Pershing Square sought to bring in about two years ago. Sweeteners including free shares of asset manager Pershing Square Inc. and no performance fee for Pershing USA increased interest from investors but didn’t do enough to stoke pandemonium. “The gift of shares in the management company needed to overcome the divide that is the potential discount that this fund may trade at,” said Kim Flynn , president at Chicago-based XA Investments. “But that creates the question as to what will drive demand in the secondary market and make people buy this in six or 12 months?” Read More: Ackman’s Fund IPO Raises $5 Billion for Permanent Capital Plan Pershing Square changed tack in the wake of its first closed-end fund flop, pivoting last year to boost its Howard Hughes Holdings Inc. stake to use as a vehicle for taking majority ownership of other firms. It now raised the largest closed-end fund listing in the US, data compiled by Bloomberg show. Now, after initially setting out for a closed-end fund IPO as an appetizer to taking Pershing Square proper public, they’ll both debut today after the combination deal. “It’s a bit of an experiment,” Flynn said. The deal is certainl...
March U.S. Housing Starts: +10.8% M/M to 1.502M seasonal annual rate, vs. 1.356M prior, according to data released by the U.S. Census Bureau on Wednesday. Building permits: -10.8% M/M to 1.372M annual rate vs. 1.538M in February. Developing… Check back for updates. More on Housing Chicago rents surge as housing shortage deepens, construction stalls
March U.S. Housing Starts: +10.8% M/M to 1.502M seasonal annual rate, vs. 1.356M prior, according to data released by the U.S. Census Bureau on Wednesday. Building permits: -10.8% M/M to 1.372M annual rate vs. 1.538M in February. Developing… Check back for updates. More on Housing Chicago rents surge as housing shortage deepens, construction stalls
Bellarmine Chatunga Mugabe fined and deported after pleading guilty to immigration and firearms-related offences unrelated to recent shooting Three months after an employee was shot in the back at the Mugabe family home in a wealthy suburb of Johannesburg, Robert Mugabe’s youngest son has been fined and ordered to leave South Africa after pleading guilty to two unrelated charges. Bellarmine Chatun...
Bellarmine Chatunga Mugabe fined and deported after pleading guilty to immigration and firearms-related offences unrelated to recent shooting Three months after an employee was shot in the back at the Mugabe family home in a wealthy suburb of Johannesburg, Robert Mugabe’s youngest son has been fined and ordered to leave South Africa after pleading guilty to two unrelated charges. Bellarmine Chatunga Mugabe, 28, and his cousin Tobias Mugabe Matonhodze, 33, were initially both charged with attempted murder after the incident on 19 February. Continue reading...
A Hong Kong government-funded online portal that provides resources for teachers and school students has failed to meet its user number target, with thousands of items never being downloaded, viewed or used, according to an audit report. The Audit Commission report, which was released on Wednesday, also cited remarks from the executive director of Hong Kong Education City (EdCity) that the platfor...
A Hong Kong government-funded online portal that provides resources for teachers and school students has failed to meet its user number target, with thousands of items never being downloaded, viewed or used, according to an audit report. The Audit Commission report, which was released on Wednesday, also cited remarks from the executive director of Hong Kong Education City (EdCity) that the platform’s low usage was due to the city’s shrinking student population. The report found that the portal’s...
美国石油及天然气开采设备研发商Forum Energy Technologies（FET）推出了其水下处理设备系列的最新解决方案——Model 6000（M6000）布放与回收系统（LARS）。 作为FET旗下Dynacon产品线的一部分，M6000为检测和轻型工作级ROV作业提供了一套紧凑的一体化解决方案。它集A型架、绞车和液压动力单元于一个撬装组件中，实现单点吊装，无需额外的电缆或软管连接，简...
美国石油及天然气开采设备研发商Forum Energy Technologies（FET）推出了其水下处理设备系列的最新解决方案——Model 6000（M6000）布放与回收系统（LARS）。 作为FET旗下Dynacon产品线的一部分，M6000为检测和轻型工作级ROV作业提供了一套紧凑的一体化解决方案。它集A型架、绞车和液压动力单元于一个撬装组件中，实现单点吊装，无需额外的电缆或软管连接，简化了动员和复员过程，减少了船舶界面时间和占用空间。 首套M6000系统已配备Perry Super Mohawk ROV，并于今年交付给一家美国客户，现已投入运营。该系统在FET位于德克萨斯州布莱恩的美国制造工厂制造并完成测试，客户可在制造过程中进行对接和见证。 该系统专为与检测及小型工作级ROV（如FET的Comanche和Super Mohawk）配合部署而开发，在检验、维护和修理、电缆铺设以及管道或结构检测等方面提供卓越性能。其应用领域广泛，涵盖风电场、大坝调查、预调查及轻型施工任务。 主要特点包括具备摆动和摇晃功能的万向节对接头、紧凑的占地面积以及预接线、即插即用的电气集成。这些特性通过减少设置时间并提高现场可靠性，增强了安全性和效率。 M6000的设计已获得DNV认证，并采用了最新的液压和控制技术。其安全工作载荷高达5200公斤，脐带缆容量为3300米，在缩小占地面积的同时提供了强大的操作性能。该型号于2025年投入生产，此前已于今年早些时候与客户成功完成现场部署。 责任编辑：张俊 SF065
kadmy Following three straight months of decreases, new orders for manufactured durable goods bounced up 0.8% M/M to $ 318.9B in March, the U.S. Census Bureau said Wednesday. The topline beat the +0.5% consensus. The February print was revised to -1.2% from the initial estimate of -1.4%. Defense capital goods orders jumped 18% M/M to $19.5B after rising 2.3% in the previous month. New orders, excl...
kadmy Following three straight months of decreases, new orders for manufactured durable goods bounced up 0.8% M/M to $ 318.9B in March, the U.S. Census Bureau said Wednesday. The topline beat the +0.5% consensus. The February print was revised to -1.2% from the initial estimate of -1.4%. Defense capital goods orders jumped 18% M/M to $19.5B after rising 2.3% in the previous month. New orders, excluding defense, declined 0.3% M/M following a 1.2% dip in February. New orders, excluding transportation, climbed 0.9% M/M to $212.2B vs. +0.4% consensus and +1.2% prior (revised from +0.8%). Durable goods shipments increased 0.7% in March to $322.2B, after rising 1.6% M/M in February, the U.S. Census Bureau said. More on the US Economy The New Economic Law: Lower Interest Rates When Inflation Rises Consumer confidence ticks up further in April, Conference Board says Home price growth cools more than expected in March: S&P Cotality Case-Shiller Home Price Index
The Awareness Group ( TAAG ) on Wednesday said it appointed Cole Farmer as chief operating officer as the company expands its renewable energy platform. Farmer previously founded Core Energy Group, where he helped build operations across residential and commercial solar markets before its sale to SunPower ( SPWR ). In his new role, Farmer will oversee national operations, deployment strategy and s...
The Awareness Group ( TAAG ) on Wednesday said it appointed Cole Farmer as chief operating officer as the company expands its renewable energy platform. Farmer previously founded Core Energy Group, where he helped build operations across residential and commercial solar markets before its sale to SunPower ( SPWR ). In his new role, Farmer will oversee national operations, deployment strategy and supply chain initiatives. More on The Awareness Group Financial information for The Awareness Group
US orders for business equipment increased in March by the most since mid-2020, extending a yearlong stretch of solid capital investment fueled by spending on artificial intelligence. The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, increased 3.3% after an upwardly revised 1.6% advance in February, Commerce Department figures...
US orders for business equipment increased in March by the most since mid-2020, extending a yearlong stretch of solid capital investment fueled by spending on artificial intelligence. The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, increased 3.3% after an upwardly revised 1.6% advance in February, Commerce Department figures showed Wednesday. Bookings for all durable goods — items meant to last at least three years and including orders for commercial aircraft and military equipment — rose 0.8% in a largely broad advance. Earlier this month, Boeing Co. reported orders picked up slightly in March. Economists expect business investment will remain solid this year as companies keep spending on artificial intelligence and take advantage of more favorable tax provisions. At the same time, it’s unclear how guarded firms will be if the Iran war isn’t resolved soon. The conflict has sharply driven up prices of oil and some other commodities. The durables report showed increased bookings for communications equipment, electrical hardware and motor vehicles and parts. Orders for military aircraft also advanced sharply. Non-defense capital goods shipments including aircraft, which feed directly into the equipment investment portion of the gross domestic product report, rose 0.5% in March. Rather than orders that can be canceled, the government uses data on shipments as an input to GDP. The durables report showed core capital goods shipments , a less volatile metric that excludes planes and military hardware, rose 1.2% after an upwardly revised 1.3% advance a month earlier. Trade Deficit Separate data out Wednesday showed the US merchandise-trade deficit widened in March for second month. The shortfall in goods trade grew 5.3% from the prior month to $87.9 billion — in line with the Bloomberg survey median. A gain in imports exceeded a rise in exports. Economists will use both the durable goods and trade re...
undefined undefined/iStock via Getty Images Investment Thesis Western Digital Corp. (NYSE: WDC ), one of two leading American technology companies specializing in data storage solutions for AI applications, is scheduled to report its Q3 FY26 earnings tomorrow after markets close. WDC's storage business continues to be flooded with a tidal wave of demand from hyperscalers and enterprises trying to ...
undefined undefined/iStock via Getty Images Investment Thesis Western Digital Corp. (NYSE: WDC ), one of two leading American technology companies specializing in data storage solutions for AI applications, is scheduled to report its Q3 FY26 earnings tomorrow after markets close. WDC's storage business continues to be flooded with a tidal wave of demand from hyperscalers and enterprises trying to buy up as many hard disk drives or HDDs for their AI inference applications. Tomorrow's Q3 ER will detail just how much of a tailwind AI inference has been for WDC until now and for many quarters to come. The good news is that WDC's other direct rival and data storage industry peer, Seagate ( STX ), just reported its own Q3 FY26 ER, which showed that HDD demand is so strong that Seagate's capacity is sold out through next year as well. Strong results by WDC's rival yesterday further showcase how undervalued WDC looks before its Q3 earnings print tomorrow, which is why I initiate my coverage on WDC shares with a bullish view. WDC Is Poised To Outperform In Tomorrow's Q3 ER - See Seagate Over the past few months it has become increasingly apparent to me that the entire HDD industry's capacity to ship HDDs is severely constrained by robust demand supporting AI inference applications, and that demand shows no signs of stopping. The ever-increasing requirements to make AI models more contextually aware continue to place unprecedented demand strain on memory and storage products that leading AI players like hyperscalers & frontier model companies use to support AI inference workloads. The combined insight from the Q2 FY26 earnings calls of Seagate and Western Digital, America's 2 leading manufacturers of HDDs and storage products, 3 months ago led markets to a firm consensus : "Hyperscalers are soaking up all the high-capacity storage" because of "the AI infrastructure boom." Nearline storage has been the product face of the HDD industry because these next-gen HDDs are often seen...
Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The first quarter of 2026 was highly volatile for US equities, driven by AI disruption concerns and the US-Israel conflict in Iran and the Middle East. In this backdrop, the Polen […]
Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The first quarter of 2026 was highly volatile for US equities, driven by AI disruption concerns and the US-Israel conflict in Iran and the Middle East. In this backdrop, the Polen […]