Starbucks Turnaround Gains Momentum, but Chipotle Takeover Report Triggers Sharp Stock Selloff
Starbucks’ improving turnaround data collided with takeover speculation around Chipotle, showing how rumors can overwhelm fundamentals.
Stocks Slip as Oil and Treasury Yields Rise Near Record S&P 500 Levels
US stocks edged lower as rising oil prices, Treasury yields and a firmer dollar tested an S&P 500 ra…
Brink’s Clears a Key UK Antitrust Hurdle in NCR Atleos Deal
Brink’s says the CMA has accepted a proposed remedy in principle, reducing a regulatory risk but lea…
Viatris’ $36.50 Pacira Buyout Puts Pharma M&A Back in Focus
Viatris’ $36.50 all-cash agreement to acquire Pacira highlights renewed consolidation interest and a…
TD SYNNEX’s BlueStar Deal Puts Distribution Scale in the Spotlight
TD SYNNEX’s agreement to acquire BlueStar highlights an acquisition-led push to expand its technolog…
Fairfax’s Boots Partnership Puts Canadian Capital Deployment Back in Focus
Fairfax Financial’s partnership with Wittington to acquire The Boots Group highlights the dealmaking…
S&P 500 Sets Record as SPY Bearish Hedge and Narrow Breadth Raise Volatility Concerns
The S&P 500 reached a record, but a 100,000-lot SPY put spread and nearly 5% equal-weight decline re…
DigitalBridge Preferred Holders Receive Conversion Rights After SoftBank Deal Closes
DigitalBridge’s Series H preferred holders receive change-of-control conversion rights after SoftBan…
Third Coast Bancshares’ $239.6 Million Great Plains Deal Puts Community-Bank Consolidation Back on the Tape
Third Coast Bancshares will acquire Great Plains Bancshares for $239.6 million as both companies’ sh…
30-Year Treasury Yield Hits 5.70% as Rising Borrowing Costs Pressure Stocks
The 30-year Treasury yield reached 5.70% as stocks weakened, testing whether record equity valuation…