People Incorporated (IAC) has submitted a non-binding proposal to the Board of MGM Resorts International (MGM) to acquire all outstanding shares of MGM that People Incorporated does not already own for $48.30 per share. People Incorporated now owns 26.1% of the outstanding common stock of MGM. People...
Cancer drug developer NuCana Plc (NCNA) on Monday announced that it has named Ian Webster chief financial officer, effective immediately, succeeding Donald Munoz who departed the role. Webster, who has more than 20 years of finance experience, joined NuCana as director of finance in 2019 and had served...
Monday, Constellation Energy Corporation (CEG) announced the pricing of a secondary public offering of 11 million shares of common stock for $281 per share. The underwriters will have a 30-day option to purchase up to an additional 1.35 million shares of common stock from the selling shareholders. The...
Sonida Senior Living, Inc. (SNDA) said on Monday that it has appointed Anton Nikodemus to the newly created role of chief operating officer with effect from June 15. Nikodemus previously worked at Seaport Entertainment Group, Inc.(SEG), where he served as president, CEO, and chairman of the board....
U.S. pipeline operator Summit Midstream Corporation (SMC) on Monday said its board authorized a program to repurchase up to $35 million of its common stock, the company's first buyback plan. Chief Executive Heath Deneke said the authorization reflects confidence in Summit's financial strength after...
Biote Corp. (BTMD), a medical practice-building company, on Monday announced the appointment of Komal Bajaj as Chief Medical Officer, effective June 1. Bajaj joins the company from NYC Health + Hospitals, where she most recently served as Chief Quality Officer for Jacobi Hospital and North Central...
Montreal-based IT services firm CGI Inc. (GIB-A.TO, GIB) on Monday said it has agreed to acquire Telia's cloud and IT end-user services business in Finland and form a strategic partnership with the telecom operator. The financial terms of the deal were not disclosed. Under the deal, about 250 Telia...
Lanvin Group Holdings Limited (LANV), a luxury fashion company, said on Monday that it has appointed Xi Luo as chief financial officer, with effect from June 1. Subsequently, Andy Lew will cease serving as interim CFO with effect from the same day. Lew will continue to serve as executive president...
Pan African Resources (PAF.L, PAN.JO) issued an operational update ahead of the financial year ending 30 June 2026. The company recorded an increase of approximatley 40% in annual gold production to approximately 275,000oz, in line with the lower end of fiscal 2026 production guidance of 275,000oz to...
Applied Nutrition (APN.L) said its trading in the current fiscal year to date remains strong. Excluding any contribution from the acquisition of Nutrablend, the Board now expects the Group's fiscal 2026 revenue to be ahead of current consensus market expectations at approximately 148 million pounds,...
SoftBank Group Corp. (9984.T, SFTBY) announced that its joint venture with a French AI and high-performance computing infrastructure company, Sesterce Group, has been selected to develop and operate a 1 GW artificial intelligence data center campus in Bosquel, France. The project forms part of SoftBank's...
Warren Buffett's Berkshire Hathaway Inc. (BRK-A, BRK-B) announced late Sunday its definitive agreement to acquire Taylor Morrison Home Corp. (TMHC), a community developer and homebuilder, for $72.50 per share in cash. The deal represents a total equity value for Taylor Morrison of around $6.8 billion...
Johnson & Johnson (JNJ) announced pivotal results from the Phase 1b/2 OrigAMI-4 study, which evaluated subcutaneous amivantamab with hyaluronidase-lpuj in patients with advanced head and neck squamous cell carcinoma previously treated with immunotherapy and chemotherapy. The regimen delivered durable...
Johnson & Johnson (JNJ) announced results from the final analysis of the Phase 3 PROTEUS study, evaluating apalutamide plus hormone therapy (androgen deprivation therapy, ADT) given for six months before and after prostate cancer surgery. The investigational regimen significantly improved both short-...
Pfizer Inc. (PFE) announced detailed progression-free and overall survival results from Cohort 3 of the Phase 3 BREAKWATER trial. This randomized cohort evaluated BRAFTOVI (encorafenib) in combination with cetuximab (ERBITUX) and FOLFIRI (fluorouracil, leucovorin, and irinotecan) versus FOLFIRI with...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.