Teledyne Acquires Majority Interest In Noiseless Acoustics For Undisclosed Terms

RTTNews | 1039 days ago
Teledyne Acquires Majority Interest In Noiseless Acoustics For Undisclosed Terms

(RTTNews) - Teledyne Technologies Inc. (TDY) announced Friday that it has acquired a majority interest in Noiseless Acoustics Oy. Terms of the transaction were not disclosed.

Helsinki, Finland-based Noiseless Acoustics designs and manufactures acoustics imaging instruments and predictive maintenance solutions.

Noiseless Acoustics' camera products combined with advanced analytics provide easy-to-use advanced imaging and monitoring solutions. Users can detect critical problems and make intelligent maintenance decisions in multiple applications, such as electric power distribution, compressed air systems and factory condition monitoring.

Kai Saksela and Jonas Nyberg, who founded Noiseless Acoustics in 2015, will retain a minority stake in the business and continue in their current executive leadership roles with the company.

read more
Australia Rate Decision Due On Tuesday

Australia Rate Decision Due On Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to trim its benchmark lending rate to 3.85 percent from the current 4.10 percent.
RTTNews | 1h 3min ago
Swiss Market Turns Positive In Closing Minutes, Ends Slightly Up

Swiss Market Turns Positive In Closing Minutes, Ends Slightly Up

The Switzerland market closed marginally up on Monday thanks to a few stocks finding some good support in the closing hour of the session. The sentiment was weak for much of the day's session as Moody's downgraded the United States' sovereign credit rating.
RTTNews | 5h 41min ago
Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook

Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook

Shares of Ryanair Holdings Plc. were gaining around 6 percent in the early morning trading on the Nasdaq after the Irish low-cost airline reported Monday higher revenues and traffic in fiscal 2025, despite delivery delays from aerospace major Boeing Co. The company marked as the first airline in European Union to carry 200 million guests in one year. Meanwhile, Ryanair recorded weak annual profit.
RTTNews | 8h 32min ago
U.S. Leading Economic Index Slumps More Than Expected In April

U.S. Leading Economic Index Slumps More Than Expected In April

The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by 1.0 percent in April after sliding by a downwardly revised 0.8 percent in March.
RTTNews | 8h 52min ago