Madison Air Solutions Corp. (MAIR) has agreed to sell 90.11 million shares of Class A common stock at $24.97 per share in a private placement expected to raise approximately $2.25 billion. The offering is expected to close around September 1. The company intends to use the net proceeds to fully...
United Airlines (UAL) announced the largest international network expansion with 10 new international cities and three new routes across Europe and Asia, and debuted the newest international aircraft in its fleet, the 'Born to Explore' A321XLR. United now flies to more than 160 international destinations....
Tuesday, DICK'S Sporting Goods, Inc. (DKS) announced its financial results for the second quarter, reporting net income of $315 million, or $3.50 per share, compared to $381 million, or $4.71 per share, in the previous year. On an adjusted basis, net income declined 10 percent, to $319 million, or...
Off-price value retailer Citi Trends, Inc. (CTRN) reported Tuesday a net loss for the second quarter of $0.93 million or $0.11 per share, compared to net income of $3.82 million or $1.46 per share in the prior-year quarter. Total sales for the quarter grew 10.9 percent to $211.63 million from $190.75...
Accenture plc (ACN) has agreed to acquire McCoy, a Dutch SAP transformation partner serving mid-market companies. The financial terms were not disclosed, and the transaction is subject to customary closing conditions, including regulatory approvals. McCoy will become part of Accenture Edge, Accenture's...
Pizza Hut, a subsidiary of Yum! Brands Inc. (YUM) on Tuesday launched a new national football-season campaign with Pepsi and NFL quarterback Josh Allen, centered on the message that "gameday starts with the Hut." The campaign features advertising spots starring Allen and Pizza Hut mascot Hutty, while...
BMO Financial Group (BMO, BMO.TO) on Tuesday announced that it plans to repurchase up to 25 million shares under a normal course issuer bid, which would commence on or around September 8, 2026 and run until September 7, 2027. "The proposed normal course issuer bid will provide the Bank with additional...
Nayax Ltd. (NYAX) has agreed to acquire IPS Group Inc. from Windjammer Capital Investors for $350 million in cash. The transaction is expected to close in the fourth quarter of 2026. The transaction will be funded with cash on hand and approximately $150 million of new committed debt, with net...
SJM Holdings Ltd. (SJMHY, 0880.HK), a casino and resorts operator in Macau, reported Tuesday wider net loss in its first half of fiscal 2026 with weak gaming revenues, while adjusted EBITDA, a key earnings metric, increased from last year. In Hong Kong, the shares closed Tuesday's regular trading...
On Tuesday, investment firm KKR & Co. Inc. (KKR) announced its agreement to acquire Ci FLAVORS Co., Ltd., a Japanese beauty and lifestyle brand platform. Financial terms of the transaction were not disclosed. Under the deal, funds managed by KKR will make the acquisition from all existing shareholders,...
Tesla Inc. (TSLA) increased prices for two Cybertruck configurations in the United States by $5,000 on Tuesday, according to its website. The price of Dual-Motor All-Wheel Drive version increased to $74,990 from $69,990, while that of the Premium All-Wheel Drive configuration rose to $84,990 from...
Phoenix Financial (PHOE.TA) reported comprehensive income of NIS 1.574 billion, or approximately NIS 6.3 per share, in the first half of 2026 compared with NIS 1.50 billion, last year. Core income increased by 10% to NIS 1.45 billion in the first half of 2026, excluding items. This compares to NIS 1.32...
Aerospace and defense major Boeing Co. (BA) announced that it has been awarded, by the US Air Force, a $131.23 billion indefinite-delivery/indefinite-quantity contract for the F-15 Eagle Crest in support of the F-15 Program Office. The contract covers F-15 aircraft production, modernization, upgrades,...
Navitas Semiconductor Corp. (NVTS) has agreed to acquire Claros Inc., a power management solutions company, in a transaction valued at up to approximately $232.8 million. The acquisition is expected to close before year-end 2026. The transaction includes approximately $216 million payable at closing...
Australian oil and gas producer Woodside Energy Group Ltd (WDS.AX, WDS) reported Tuesday higher first-half profit with strong growth in average realized price, despite weak production. Further, the firm tightened fiscal 2026 production outlook. The company said the Middle East conflict disrupted global...
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.