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.
8,961 total articles
Collins Foods will transfer 20 of its 27 Australian Taco Bell restaurants to an affiliate of Yum Brands and Restaurant Brands, while the remaining seven sites will be closed in the coming weeks. The deal, part of Collins' previously signaled plan to exit Taco Bell in Australia, carries a nominal purchase price and shifts lease liabilities to the ne…
American Exchange Group (AXNY) has agreed to purchase all assets and liabilities of footwear maker Allbirds for $39 million. Allbirds will seek shareholder approval via a proxy statement due April 24 to authorize the sale and the company's subsequent dissolution and wind-down. The transaction is expected to close in the second quarter of 2026, with…
Australia’s second-largest pension fund, the Australian Retirement Trust (ART), has heightened its activity in global equity markets and increased holdings in British and Australian fixed income over the past month. The A$350 billion fund has been trading more frequently through its in-house desk to capture opportunities from market sell-offs drive…
American Express has secured a multi-year agreement to become the National Football League's official payments partner starting with the 2026 season. The deal grants cardholders presale ticket access, special promotions and on-site activations at marquee NFL events in the U.S. and internationally, and will be accompanied by a new NFL-branded Americ…
The Association of American Railroads filed suit in federal court in Trenton, New Jersey, contesting Senate Bill 3389. The trade group contends the new state law imposes severe restrictions and unlawfully encroaches on federal jurisdiction over railroad safety. The complaint targets five provisions of the statute, including a two-person crew mandat…
Australia's eSafety regulator has opened investigations into five leading social media services for possible noncompliance with a new law banning under-16s from mainstream social media. The watchdog reports gaps in age-verification processes, reporting pathways and safeguards against under-16 sign-ups, and is compiling evidence that could lead to f…
Natura said on Monday that U.S. private equity firm Advent has signed a binding agreement to purchase an 8% to 10% stake in the Brazilian cosmetics company at an average price target of 9.75 reais per share. The transaction will be executed in the secondary market over six months. Concurrently, Natura announced a board restructuring that includes t…
Unilever is in advanced negotiations to merge its food business with McCormick in a deal that would form a roughly $60 billion food group. The transaction, reportedly including debt and an estimated $16 billion cash component, is being structured as a reverse Morris trust and could be announced as soon as Tuesday, though timing remains uncertain.
Unilever has imposed an immediate, company-wide hiring freeze that will last a minimum of three months, citing significant challenges from the widening conflict in the Middle East and associated energy cost disruptions. The move supplements an ongoing cost reduction plan and comes as the group negotiates a potential sale of its foods business.
Mexico's main equity index, the S&P/BMV IPC, finished the trading day up 0.60%, paced by strength in the Industrials, Consumer Goods & Services and Consumer Staples sectors. Leading individual gains included Industrias Peñoles, Grupo Carso and Grupo Bimbo, while airport operators posted the largest declines. Commodity markets saw crude oil climb an…
IMAX said its chief executive, Richard Gelfond, is taking a temporary medical leave while receiving treatment for pneumonia. Daily operations will be run by the cinema operator's senior executive team in coordination with Chairman Darren Throop. Gelfond will miss upcoming events, including industry conferences next week. The company reported fourth…
Colombian shares ended lower as the COLCAP index fell 0.80%, dragged by losses across Financials, Investment and Public Services. A few large-cap names posted gains, but major banks and service companies recorded some of the heaviest drops. Commodities and currency moves accompanied the trading day.
Shares of PepGen Ltd (NASDAQ:PEPG) plunged 44% in after-hours trading after the company disclosed Phase 2 FREEDOM2-DM1 data for the 5 mg/kg multiple ascending dose cohort. The treatment arm showed a mean splicing correction of 7.3% versus 6.8% for placebo, with six patients in the active group and two in placebo. Excluding one patient who experienc…
Future Money Acquisition Corporation completed an initial public offering of 11.2 million units at $10 per unit, generating $112 million in gross proceeds before underwriting discounts and expenses. The units began trading on the Nasdaq Global Market on March 27, 2026 under the ticker FMACU. Concurrently, the company placed an additional 304,000 un…
The MOEX Russia Index finished higher on Monday, advancing 0.38% as gains in the Power, Oil & Gas and Manufacturing sectors supported the market. A handful of names led the session, while several large-cap miners and retailers recorded losses. Market breadth was mixed and implied volatility ticked up.
QDRO Acquisition Corp. raised $200 million through an initial public offering, selling 20 million units at $10 each. Units began trading on the Nasdaq Global Market under the ticker QADRU; underlying shares and warrants will list separately when they begin trading under tickers QADR and QADRW. Cantor Fitzgerald acted as sole bookrunner and holds an…
Meta Platforms has begun testing a paid Instagram subscription called Instagram Plus in select markets, offering subscribers a set of exclusive Story-related features. The company confirmed the experimental roll-out to TechCrunch; an Instagram spokesperson discussed the initiative with Bloomberg. Meta shares rose 2% on Monday following the confirma…
U.S. equity markets closed unevenly on Monday, with the Dow Jones Industrial Average finishing modestly higher while the S&P 500 and Nasdaq Composite ended the day lower. Sector divergences were pronounced: gains in Financials, Utilities and Basic Materials supported the Dow, while Industrials, Technology and Oil & Gas exerted downward pressure on …
Canada's main stock index closed modestly lower on Monday, slipping 0.08% as losses in information technology, healthcare and energy weighed on the market. A handful of miners and environmental services stocks outperformed, while several names in silver, specialty materials and electronics services posted steep declines. Market breadth favored decl…
Brazil's benchmark Bovespa index ended Monday's session higher, buoyed by advances in the Industrials, Public Utilities and Electric Power sectors. The index rose 0.53% in Sao Paulo as a greater number of stocks advanced than declined. Commodity and currency moves were mixed, with crude oil jumping sharply while gold and the U.S. dollar advanced mo…
A U.S. federal judge rejected a legal challenge by environmentalists to the Interior Department's 2024 approval of ioneer Ltd.'s Rhyolite Ridge lithium and boron mine in Nevada, concluding regulators adequately assessed impacts to Tiehm's buckwheat and other ecological concerns. The ruling removes a major legal obstacle as ioneer pursues financing …
Carlyle Group is in preliminary talks with investors about creating a fund concentrated on the defense sector, positioning the private equity firm to benefit from an uptick in government spending on military capabilities and domestic industrial capacity. The firm has not yet formally marketed the fund or set a target size, and the announcement coin…
Citigroup is soliciting additional lenders to participate in a roughly $4.8 billion financing package that will support Ecolab Inc.'s planned cash acquisition of CoolIT Systems. The transaction, which Ecolab announced earlier this month, is expected to rely on investment-grade bond sales. Credit agencies currently rate Ecolab's senior unsecured deb…
U.S. firms increased borrowing to finance equipment by 14.2% in February versus the prior year, driven largely by activity among independent providers, according to a survey from the Equipment Leasing and Finance Association. New financing commitments totaled $11 billion on a seasonally adjusted basis, declining 4.7% from January. Small-ticket volu…
Strategy Inc. reported no bitcoin acquisitions in the week ending March 29, ending a 13-week buying run. The firm also disclosed no share sales under its at-the-market program during March 23-29. As of March 29 the company held about 762,099 bitcoin, purchased for a total of $57.69 billion at an average cost of roughly $75,694 per bitcoin. The paus…
