Corporate Executive Board (EXBD) announced after the bell Monday that it signed a definitive agreement to acquire SHL, from funds managed by HgCapital and Veronis Suhler Stevenson, for $660 million in cash.
Corporate Executive Board gapped up sharply Tuesday and spiked higher in early trade, before settling into a range. Shares finished up by 4.47 at $46.11 on strong volume. The stock surged past resistance and set a new high for the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.