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FICO to cut 15% of staff in AI overhaul as mortgage rivals gain ground
Stocks

FICO to cut 15% of staff in AI overhaul as mortgage rivals gain ground

FICO is cutting about 15% of its workforce to reorganize around AI, just as US housing regulators open the door for mortgages to use rival V

Eleanor Whitfield ·
Eat Well swaps CA$45M in liabilities for shares and CA$100K cash
Stocks

Eat Well swaps CA$45M in liabilities for shares and CA$100K cash

Eat Well Investment Group says it can wipe out CA$45 million in liabilities for just CA$100,252 in cash plus new shares. The deal includes r

Eleanor Whitfield ·
Cooler weather and discounts lift US retail sales 8.6%
Stocks

Cooler weather and discounts lift US retail sales 8.6%

US same-store sales climbed 8.6% year over year, helped by cooler weather and retailer discounts ahead of Amazon's Big Deal Days. Consumer s

Eleanor Whitfield ·
Prudential weighs $3B sale of Brazil, Mexico units; MetLife, CNP interested
Stocks

Prudential weighs $3B sale of Brazil, Mexico units; MetLife, CNP interested

Prudential Financial is reportedly considering selling its Latin America units, with MetLife and CNP Assurances interested in a deal that co

Marcus Devlin ·
Three stocks tumble on heavy volume after deal, drug, and financing news
Stocks

Three stocks tumble on heavy volume after deal, drug, and financing news

Seagate, ArriVent, and NFT each plunged on heavy volume after very different headlines: a possible acquisition, a failed drug trial, and a c

Marcus Devlin ·
McKesson and CD&R to buy Option Care Health for $5.8 billion
Breaking

McKesson and CD&R to buy Option Care Health for $5.8 billion

McKesson and private equity firm CD&R will buy Option Care Health for $32.05 per share, a deal worth about $5.8 billion. The acquisition und

Marcus Devlin ·
McKesson and CD&R to buy Option Care Health for $5.8 billion
Stocks

McKesson and CD&R to buy Option Care Health for $5.8 billion

McKesson and private equity firm CD&R are buying home-infusion provider Option Care Health for about $5.8 billion. Option Care shareholders

Eleanor Whitfield ·
Morgan Stanley sees BorgWarner's next growth engine in power gear
Stocks

Morgan Stanley sees BorgWarner's next growth engine in power gear

Morgan Stanley upgraded auto supplier BorgWarner, citing demand for on-site power equipment as AI data centers strain electricity grids. The

Marcus Devlin ·
Metatek locks in seven-year exclusive deal for Lockheed's gravity tool
Stocks

Metatek locks in seven-year exclusive deal for Lockheed's gravity tool

Metatek-Group has signed a deal with Lockheed Martin to manufacture and buy a new Enhanced Full Tensor Gravity Gradiometry (eFTG) instrument

Eleanor Whitfield ·
Oppenheimer sees more Cheesecake Factory earnings upgrades ahead
Stocks

Oppenheimer sees more Cheesecake Factory earnings upgrades ahead

Oppenheimer lifted its 2026 and 2027 earnings estimates for The Cheesecake Factory, saying same-store sales trends could keep driving analys

Marcus Devlin ·
Camping World cuts costs, eyes refinancing as RV demand stays weak
Stocks

Camping World cuts costs, eyes refinancing as RV demand stays weak

Camping World warned that 2026 adjusted EBITDA will fall short of its $230M-$270M goal as RV demand stays weak. The dealer is pulling forwar

Eleanor Whitfield ·
Skydance closes $110B Warner Bros Discovery deal, Ellison takes helm
Breaking

Skydance closes $110B Warner Bros Discovery deal, Ellison takes helm

Skydance closed its $110 billion acquisition of Warner Bros Discovery, putting David Ellison in charge. The new leadership team aims to stre

Marcus Devlin ·