Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
23,109 total articles
S&P Global Ratings upgraded Life Time Inc.'s issuer credit rating to 'BB' from 'BB-' and raised the issue-level rating on senior secured debt to 'BBB-' from 'BB+', citing sustained operating momentum, higher dues and improving leverage. The outlook remains stable as the ratings firm expects revenue growth, membership gains and further reductions in…
Moody's upgraded Ingersoll Rand Inc.'s senior unsecured notes to Baa1 from Baa2 and set the outlook to stable from positive, while affirming the Prime-2 commercial paper rating. The agency cited the company’s strong competitive position, manufacturing EBITDA margins of about 26%, low capital expenditure requirements and projected debt metrics aroun…
FedEx Freight, recently separated from FedEx Corp., forecasts revenue growth of 4% to 6% and expects adjusted operating income to increase 0.8% to 7.5% for the seven-month period ending December 31. The company reported a mixed fourth-quarter performance, with revenue exceeding expectations but quarterly adjusted operating income declining amid sep…
Reformation Inc. has filed a registration statement with the Securities and Exchange Commission seeking an initial public offering on the New York Stock Exchange. The apparel company and certain selling stockholders will put shares up for sale with details on quantity and price yet to be set. The filing discloses recent financial results, operating…
i-80 Gold Corp reported notable drill intercepts from its Archimedes Underground Project on the Ruby Hill property in Nevada and said it has adjusted the timing of certain feasibility-level technical studies. Shares rose 2.7% in after-hours trading Thursday after the company released results from its completed 2025-2026 infill program in the upper …
Calian Group Ltd. has signed a definitive purchase agreement to acquire Galaxy Broadband Communications from Crown Capital Partners Inc. The deal involves $24 million in upfront consideration and an additional $27.5 million in earnouts tied to performance over the next three years. The transaction is slated to close in Calian's fourth quarter, pend…
General Dynamics Land Systems received a $209,338,000 contract modification from the U.S. Department of War for the Abrams Engineering program, bringing the cumulative value of contract W912CH-25-C-0055 to $849,900,000. The work will be performed at the company’s Warren, Michigan facility, with an estimated completion date of Nov. 26, 2031. The Dep…
Mexico's benchmark S&P/BMV IPC closed higher, advancing 1.72% on the day as Industrials, Consumer Goods & Services and Consumer Staples stocks pushed the market upward. Mining and airport stocks were among the top performers, while select media and retail names finished lower. Commodity prices and currency moves provided additional backdrop to the …
Raytheon Co. has received a $1.1 billion modification from the U.S. Department of Defense to exercise Lot 26 production options under an existing fixed-price incentive contract for AIM-9X missiles and related gear. The award encompasses tactical missiles for U.S. services and Foreign Military Sales customers, assigned to multiple production sites a…
Reformation Inc. has submitted a filing to take its common stock public on the New York Stock Exchange using the ticker symbol REF. The prospectus specifies that both the company and certain selling stockholders will place shares for sale, but it does not disclose how many shares will be offered or the expected price range. The filing also makes cl…
Deutsche Bank analyst Chris Robertson argues that shipping companies with modern, fuel-efficient fleets, low reinvestment needs and operational flexibility are likely to benefit from a shift toward deglobalization, regionalization and supply-chain security. The view, presented after Marine Money Week in New York, underpins Buy ratings on five names…
After the market closed, ON Semiconductor said it would acquire Synaptics in an all-stock transaction valued at roughly $7 billion. The announcement pushed ON shares down about 7% and lifted Synaptics roughly 10% on the fixed exchange ratio, which embeds a 19% premium. Separately, Rocket Lab rose after winning three dedicated Electron launches from…
Service Properties Trust announced a five-for-one reverse stock split approved by its Board of Trustees, a move that prompted a 5.9% decline in after-hours trading. The split, subject to regulatory approvals, is expected to take effect on or about July 6, 2026, and will reduce the company’s outstanding common shares from roughly 647.7 million to ab…
S&P Global Ratings has moved Jane Street Group LLC's outlook to positive from stable and affirmed the firm's 'BB' issuer credit and senior secured debt ratings. The agency said the outlook revision reflects the potential for a ratings upgrade within 12-24 months if Jane Street's recent franchise growth and diversification produce more stable revenu…
Moody's downgraded Dye & Durham's corporate family rating and several secured debt instruments, pointing to persistent operational challenges, governance disruption and constrained liquidity that leave the company with elevated leverage and limited headroom through mid-2027. The ratings agency says improvement hinges on stabilizing recurring revenu…
Chipmaker onsemi will acquire Synaptics in an all-stock transaction valued at roughly $7 billion, bringing together onsemi's power and sensing portfolio with Synaptics' edge AI, connectivity and human-machine interface technologies. The deal, structured as 1.35 onsemi shares for each Synaptics share, would give Synaptics holders about 12% of the co…
OpenAI is reportedly weighing a decision to delay its planned initial public offering until 2027 as internal debates intensify over timing and valuation. Insiders say Chief Executive Sam Altman is holding out for a $1 trillion target, despite advisers warning that market conditions and recent financial disclosures could force a lower valuation or p…
James Sprayregen, the lawyer who established and led Kirkland & Ellis’ restructuring group, is joining Paul, Weiss to co-lead its restructuring and debt capital solutions practice. The move follows Sprayregen's 2024 departure from Kirkland to Hilco Global and continues a hiring wave at Paul Weiss under new chairman Scott Barshay. Paul Basta will st…
Aevex Corp. (NYSE: AVEX) saw a 2.1% rise in after-hours trading on Thursday after the company announced it will be included in the Russell 2000 Index effective after the U.S. market opens on June 29, 2026. The move follows the annual Russell reconstitution and will also add Aevex to related Russell growth and value style indexes and other size and …
Beneficient said it has won its first collateral management services engagement with a Texas state-chartered bank. The contract - the commercial debut of the company’s collateral management offering - will provide ongoing monitoring and reporting on a portfolio of alternative assets pledged as collateral for a credit facility and is expected to gen…
U.S. stock markets closed mixed with the Dow Jones Industrial Average edging higher while the S&P 500 finished essentially flat and the Nasdaq Composite fell. Strength in Industrials, Healthcare and Basic Materials offset declines in Consumer Services, Technology and Financials. Several large-cap names reached multi-month or all-time highs even as …
Canadian equities closed higher on Thursday with the S&P/TSX Composite gaining 0.33% as advances in the Materials, Industrials and Healthcare sectors supported the market. BlackBerry Ltd and Jamieson Wellness were among the session's strongest performers, both reaching three-year highs, while several resource and aerospace names weighed on the down…
The Bovespa finished higher on Thursday, propelled by advances in the Public Utilities, Real Estate and Electric Power sectors. The benchmark index rose 0.87% at the close in Sao Paulo. Market breadth favored advancers, with 505 stocks higher against 418 decliners and 51 unchanged. Notable individual movers included Sendas Distribuidora SA, Rumo Lo…
Onsemi said on June 25 it will buy Synaptics in an all-stock transaction valued at about $7 billion. Synaptics shareholders are to receive 1.350 shares of Onsemi common stock for each Synaptics share, an exchange ratio representing a 19% premium based on the 10-day volume-weighted average closing prices of both companies. The announcement pushed On…
The Federal Aviation Administration proposed regulatory changes intended to modernize and accelerate certification of new commercial airplanes by aligning some requirements with the European Union Aviation Safety Agency. The FAA said harmonizing standards will simplify requirements for manufacturers, cut certification time and costs, and maintain o…
