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Each week, Benzinga's Stock Whisper Index uses proprietary data and pattern recognition to highlight five stocks just under the surface that deserve attention.
VATE completes the DBM Global sale for about $413 million in cash plus IES shares, with net proceeds earmarked to reduce debt and boost flexibility.
Transaction Establishes New Structural Line of Business, Adding One of the Largest Independent Structural Steel Fabrication and Erection Platforms in the U.S. Transaction Establishes New Structural Line of Business, Adding One of the Largest Independent Structural Steel Fabrication and Erection Platforms in the U.S.
NEW YORK, Oct. 05, 2026 (GLOBE NEWSWIRE) -- INNOVATE CORP.® (NYSE: VATE) (“INNOVATE”) announced today that it has completed the previously announced sale of DBM Global, Inc. (“DBMG”) to IES Holdings, Inc. (Nasdaq: IESC) (“IES”) pursuant to the Transaction Agreement (the “Agreement”) announced on August 10, 2026 (the “Transaction”).
Strong data center demand drives significant top-line growth. Valuation multiples are stretched and require continued growth in the data center infrastructure market.
On September 14, 2026, IES Holdings Inc (IESC) shares fell 7.6%, bringing the current price to $319.55. This decline comes in the context of a broader 52-week t
IES (NASDAQ: IESC) outlined continued growth in data center-related markets, expanding operating margins and plans for its largest acquisition to date during a presentation at the Midwest IDEAS Conference. Chief Executive Officer Matt Simmes said the electrical and technology services company generated approximately $3.4 billion in revenue, $384 million in operating income and adjusted earnings per
IES Holdings, Inc. (IESC) Presents at 17th Annual Midwest IDEAS Conference Transcript