Monday, Standard BioTools Inc. (LAB) announced an agreement with Treeline Biosciences, Inc., a clinical-stage biopharma company, to combine in an all-stock transaction. The transaction values Standard BioTools at net cash delivered at closing, plus $10 million, which is estimated to be $460 million....
Johnson & Johnson (JNJ) on Monday announced a definitive agreement to acquire Firefly Bio, Inc., a biotechnology company for $1 billion in cash. The transaction is expected to close later this year. The acquisition is expected to expand Johnson & Johnson's oncology pipeline with Firefly Bio's...
A collaboration of scientists from NASA and Brazilian research institutions has produced a detailed picture of groundwater change across Brazil. The images reveal significant declines in some of the aquifers that are critical to one of the world's largest agricultural producers. In the study, published...
Monday, Ciena Corporation (CIEN) announced its plan to offer $2.0 billion aggregate principal amount of convertible senior notes due 2031 in a private offering. Additionally, the company intends to grant the initial purchasers an option to buy up to an additional $300.0 million aggregate principal...
While reporting financial results for the third quarter on Monday, Campbell's Co. (CPB) reaffirmed its adjusted earnings and organic net sales guidance for the full-year 2026. For fiscal 2026, the company continues to project adjusted earnings in the range of $2.15 to $2.25 per share on organic net...
Ukraine President Volodymyr Zelensky and the leaders of three European major powers have called on Russian President Putin to agree to an immediate and complete ceasefire. UK Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz met with President Zelensky in London to reiterate their unwavering support for Ukraine in its defense against Russia's inva
EHang Holdings Ltd. (EH), a Chinese aerospace and technology company, on Monday announced that its board of directors approved a share repurchase program. The program authorizes the company to repurchase up to $30 million of its American Depositary Shares or ordinary shares over the next 12 months. The...
While reporting financial results for the fourth quarter on Monday, Graham Corp. (GHM) initiated its revenue guidance for the full-year 2027 between $285 million and $295 million. "As we enter fiscal 2027, we remain focused on disciplined execution, integrating FlackTek, and continuing to invest in...
Israel has retaliated against Iran's missile attacks Monday by targeting its military sites and a petrochemical plant, reports said. The two rival nations exchanged fire in the worst strikes in months, for the first time since the US-Iran ceasefire in April. Israeli Prime Minister Benjamin Netanyahu approved the strikes reportedly defying US president Donald Trump's warning not to do so at a tim
Monday, Best Buy Co., Inc. (BBY) announced a partnership with Meta Platforms Inc. (META) to introduce Meta Lab at over 50 of its stores this summer, with the first one set to open in June, offering an elevated customer experience. These Labs will give customers a hands-on way to explore Meta's full...
Brady Corp. (BRC), a developer and manufacturer of specialty products, on Monday announced that it appointed current board member Vineet Nargolwala as Chief Executive Officer, effective June 8. Vineet Nargolwala will succeed CEO Russell Shaller, who will retire after 11 years with the company. Shaller...
Shares of Tate & Lyle Plc were gaining around 14% on the London Stock Exchange after the British sweetener and food solutions firm announced Monday its agreement to a 595 pence per share all-cash deal to be bought by U.S. food ingredients maker Ingredion Inc. The cash consideration values Tate & Lyle at around 2.7 billion pounds or $3.6 billion, with an implied enterprise value of...
Pfizer, Inc. (PFE) announced Monday that the U.S. Food and Drug Administration (FDA) has approved an expanded indication for HYMPAVZI (marstacimab-hncq) to include the treatment of patients with hemophilia A or B 12 years and older with inhibitors and pediatric patients (ages 6 to 11 years) with or without...
SUNation Energy, Inc. (SUNE) on Monday announced a definitive merger agreement with Sunniva Inc. (SNNVF), under which the combined company will operate under the Suniva name and continue SUNation's Nasdaq listing. The transaction is expected to close in the second half of 2026. Upon closing, pre-merger...
Honeywell International Inc. (HON) on Monday reaffirmed its annual outlook ahead of the planned Honeywell Aerospace spin-off on June 29. For fiscal 2026, Honeywell International still anticipates adjusted profit of $10.35 to $10.65 per share, with sales of $38.8 billion to $39.8 billion. For fiscal...
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.