Companies

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

Gloria Steinem, Feminist Icon and Ms. Magazine Co-Founder, Dies at 92

Gloria Steinem, journalist, activist and co-founder of Ms. Magazine, died at 92 at her New York City home, her foundation said Wednesday.

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

Iran Strikes US Bases in Kuwait as Trump Warns War Won’t Last Long

Kuwait's military intercepted Iranian missiles and drones Thursday as Tehran widened its retaliation against U.S. bases, with Trump warning strikes could r

Trump Confirms Xi Washington Visit This Month, Touts US Lead in AI Race

Trump said on Wednesday that Xi Jinping will visit Washington this month, calling the summit exciting and claiming a US lead in artificial intelligence.

Nexstar Seals $6.2 Billion Tegna Acquisition Amidst Legal Battles and Regulatory Green Light

Nexstar Media Group finalizes its $6.2 billion acquisition of Tegna, creating the largest U.S. local TV station owner despite ongoing legal challenges and regulatory approvals.

Prestige Consumer Healthcare Secures Breathe Right Brand Portfolio in $1.045 Billion Deal

Prestige Consumer Healthcare Inc. announces agreement to acquire the Breathe Right brand portfolio for $1.045 billion, enhancing its consumer health offerings and expected to drive significant financial growth.

Tesla and LG Energy Solution Forge $4.3 Billion Battery Partnership in Michigan

Tesla and LG Energy Solution announce a $4.3 billion battery plant in Michigan, focusing on energy storage systems and strengthening the domestic supply chain.

Akur8 Expands into Life and Annuity Market with Strategic Acquisition of Slope Software

Akur8 acquires Slope Software to expand its actuarial AI platform into the Life and Annuity insurance market, creating a unified solution for multi-line carriers.

Independent Bank Acquires HCB Financial in $70.2M Deal, Expanding Michigan Footprint

Independent Bank Corporation to acquire HCB Financial Corp. in a $70.2 million cash and stock deal, expanding its Michigan footprint and enhancing its market position with combined assets of $6.1 billion.

Datavault AI Acquires NYIAX in All-Stock Deal to Bolster Data and Ad Trading

Datavault AI Inc. announces acquisition of NYIAX Inc. in an all-stock merger to expand its data and ad inventory trading capabilities, integrating blockchain technology and specialized marketplaces.

Embecta Acquires Owen Mumford for $199.4M to Bolster Drug Delivery and Expand Medical Offerings

Embecta announces definitive agreement to acquire Owen Mumford for up to $199.4M, expanding its drug delivery capabilities and strategic transformation into a broad-based medical supplies company.

Global Uncertainties Prompt HKMA and Fed to Hold Rates Steady

The Hong Kong Monetary Authority (HKMA) has mirrored the US Federal Reserve's decision to maintain its base interest rate, citing significant global uncertainties, particularly...

SEALSQ Secures $125 Million in Direct Offering to Fuel Post-Quantum Technology Expansion

SEALSQ Corp. announces a $125 million registered direct offering to accelerate its post-quantum and quantum technology commercialization in the U.S. and Europe.

Warner Bros. Sets Oscar Night Record as Paramount Mega-Merger Looms

Warner Bros. Discovery celebrates a record-matching 11 Oscar wins for films like 'One Battle After Another' and 'Sinners', all while facing major merger talks with Paramount that could reshape its future.

Public Storage Strikes $10.5 Billion Deal to Acquire National Storage Affiliates

Public Storage announces a $10.5 billion all-stock acquisition of National Storage Affiliates, expanding its self-storage portfolio and market reach.

Canfor Corporation Completes Full Acquisition of Canfor Pulp, Taking it Private

Canfor Corporation has completed its acquisition of Canfor Pulp, taking the subsidiary private and delisting its shares from the TSX. Learn more about the transaction details and implications.

IBM Bets Big on AI: Acquires Confluent for $11 Billion Amid Race for Real-Time Data

IBM has acquired Confluent for $11 billion to strengthen its AI and cloud offerings, enabling real-time data streaming across enterprise environments. The deal integrates Confluent’s Apache Kafka platform with IBM, accelerating AI-driven business transformation.

Alcon and LENSAR Terminate Merger Deal Amidst FTC Opposition

Alcon and LENSAR terminate their merger agreement due to FTC opposition and prolonged regulatory review, impacting both companies' strategic plans.

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