Raytheon, an RTX Corp. (RTX) business, announced Monday it is investing $100 million to expand its Portsmouth, Rhode Island-based facility, which has been operating for more than 60 years. The facility supports undersea technology, combat systems and radars. The expansion will accelerate Lower Tier...
Apartment REITs, Equity Residential (EQR) and AvalonBay Communities, Inc. (AVB) on Monday announced that they have named the executive team that will lead their $69 billion merger of equals, with AvalonBay CEO Benjamin Schall to serve as president and CEO of the combined firm. The all-stock deal,...
Monday, Tango Therapeutics, Inc. (TNGX) announced positive initial data from its ongoing Phase 1/2 study of vopimetostat in combination with Revolution Medicines' RAS(ON) inhibitors daraxonrasib or zoldonrasib. During the study, patients with MTAP-deleted and RAS-mutant metastatic pancreatic ductal...
kneat.com, inc. (KSI.TO, KSIOF), a digital validation and quality process automation company, Monday announced its definitive arrangement agreement to be acquired by Thoma Bravo, L.P., a privately held software-focused investment firm. Under the deal terms, holders of Kneat shares other than any Rollover...
AstroNova, Inc. (ALOT), a print technology solutions provider, on Monday reported a return to profitability in the first quarter as revenue rose. In pre-market activity on the Nasdaq, shares of AstroNova were up 7.52 percent, changing hands at $15.58, after closing Friday's regular session 4.86 percent...
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...
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...
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...
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...
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...
Chinese fintech firm Yiren Digital Ltd. (YRD) announced on Monday that Executive Chairman and CEO Ning Tang's indirect stake in its ordinary shares jumped to about 82% from 35.6%, following a restructuring of its controlling shareholder. In pre-market activity on NYSE, shares of Yiren Digital were...
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.