Teledyne Technologies Inc.(TDY) announced that its subsidiary, Teledyne Limited, has acquired the parent company of PDM Neptec Limited. PDM Neptec, located in Hampshire, United Kingdom, provides underwater cables, fiber optic and electrical subsea connectors and custom engineering solutions. The acquired company will now operate under the name Teledyne Impulse-PDM Ltd. Terms of the transaction were not disclosed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.