Chemtrade Logistics Inc., a wholly owned subsidiary of Chemtrade Logistics Income Fund, entered into an underwriting agreement for a private placement of an additional $200 million of 5.750% senior unsecured notes due 2032, at an issue price of $982.50 per $1,000 principal amount and a yield of 6.104%.
IndexBox forecasts that the market for phase-change materials (PCM) for electronics will grow at a compound annual growth rate of 12.5% during 2026–2035, with the market index reaching 325 by 2035 (2025=100).
Character Technologies submitted a CEO declaration to the Delaware bankruptcy court disclosing that Character.ai’s monthly advertising revenue rose from about $500,000 in July 2025 to about $2.5 million in August 2026, nearly half of that month’s total revenue of $5.3 million, while the company still incurs monthly operating losses of about $8 million to $9 million.
Disney plans to pay about $180 million in compensation and retention bonuses over three years to around 65 former Character.ai employees, and pay the bankrupt company $20 million for the code for its training, safety, and service systems, along with nine patents. The app, brand, user data, and chat logs remain part of the bankruptcy estate and are up for sale; if no other buyer emerges by the end of November, the deal will proceed and the app is expected to shut down.
Traton subsidiary International Motors sold 19,900 trucks and buses in the third quarter of 2026, up 48% year over year and 22.8% quarter over quarter. Sales for the first three quarters totaled 49,400, up 3% year over year, reversing a 15% decline in the first half. Traton’s global truck and bus sales rose 10% year over year to 78,900 in the third quarter. Its full financial report is scheduled for release on October 28.