Stocks
1 hour ago

Bristol-Myers Squibb Earns Top 5-Star Rating from Morningstar

The pharmaceutical giant is now considered one of Morningstar's highest-conviction undervalued stocks, citing a robust pipeline and strategic acquisitions.

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Mergers & Acquisitions
2 hours ago

Firefly Aerospace to Acquire SciTec for $855 Million

Strategic acquisition aims to bolster Firefly's national security and defense capabilities, expanding its space and defense mission services.

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Mergers & Acquisitions
4 hours ago

Axcelis and Veeco to Merge in $4.4 Billion All-Stock Deal

The combination creates the 4th largest US wafer fabrication equipment supplier, targeting an expanded $5 billion market.

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Mergers & Acquisitions
6 hours ago

Huntington's $1.9B Veritex Takeover Gets Green Light From Federal Reserve

Final regulatory hurdle cleared for the all-stock transaction, paving the way for an October 20 closing and a major expansion into Texas.

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Stocks
10 hours ago

Tesla Stock Slides as Demand Fears Eclipse Record Deliveries

Shares fall despite strong Q3 sales, as expiring EV tax credits and valuation concerns spook investors.

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Stocks
11 hours ago

Sempra Energy Affirms Guidance, Signals Stable Growth Outlook

The utility giant reaffirmed its adjusted EPS targets for 2025 and 2026, reinforcing a long-term earnings growth strategy of 7% to 9% through 2029.

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Mergers & Acquisitions
12 hours ago

Axcelis Shares Fall 3.4% on $4.4B Veeco Merger Announcement

All-stock deal raises shareholder dilution concerns despite strategic goal of creating a diversified semiconductor equipment leader.

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Stocks
14 hours ago

Tesla Stock Dips Amid Investor Backlash to Musk's $1T Pay Plan

A coalition of influential investors is urging shareholders to reject the CEO's new compensation package, citing major governance concerns.

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