Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
ResMed Sells MatrixCare for $490M to Sharpen Focus on Sleep and Home Care
ResMed is selling its MatrixCare healthcare software unit to private equity firm Frazier Healthcare Partners for $490 million in cash. The d
Orezone Gold Sets First Production Targets for Casa Berardi Mine, Plans Major Drill Program
Orezone Gold has issued its first operating targets for the recently acquired Casa Berardi mine, projecting 62,000-67,000 ounces at $2,600-$
First Majestic Silver Sells San Martin Mine for $90 Million in Deferred Deal
First Majestic Silver has agreed to sell its San Martin silver mine in Mexico for $90 million in cash. Most of the payment is deferred until
Coty to Hand Gucci Beauty Back to Kering in $400 Million Deal, Pay Down Debt
Coty is selling the Gucci Beauty license back to parent company Kering for $400 million. It will keep operating the brand until mid-2027, th
Strategy Explores Preferred Share Swap with Distressed Debt Funds After 75% Plunge
Strategy is weighing a deal to let investors swap its battered preferred shares for new preferreds at a discount or common stock. The move f
Healthcare Stocks Rally as Vertex's $10B Crinetics Deal Resets Biotech Buyout Math
Healthcare stocks climbed Tuesday as Vertex sealed a $10 billion deal for Crinetics, lifting biotech ETFs. Eli Lilly and Vera Therapeutics a
Consumer Stocks Split as Staples Rise, Discretionary Slip Ahead of July 4th
Consumer stocks showed a split ahead of July 4th: staples rose 0.9% while discretionary fell 0.8%. Redbook reported same-store sales up 11.5
O'Reilly's Potential NAPA Deal: $16B Boost but Regulatory and International Hurdles
Truist analysts suggest O'Reilly Automotive could acquire Genuine Parts' NAPA auto-parts business, adding $16 billion in sales. However, FTC
RBC Boosts Tesla Target to $500, Citing Potential SpaceX Takeover Premium
RBC Capital Markets lifted its Tesla price target to $500, pointing to a hypothetical all-stock acquisition by SpaceX that could include a 2
Georg Fischer Sells Foundry Unit for 220M Francs; Givaudan Buys Stake in Microcaps
Swiss stocks were little changed as industrial group Georg Fischer sold its aerospace foundry unit for 220 million francs, and fragrances ma
S&P Global Restructures Reporting Segments Ahead of Mobility Spinoff; RBC Sees Limited Margin Impact
S&P Global is reorganizing its business reporting segments ahead of its planned Mobility spinoff. RBC Capital Markets says the changes shoul
BofA Warns Tougher Q2 Scrutiny for Moderna, TG Therapeutics, Agios on Launch Execution
Bank of America Securities warns that Moderna, TG Therapeutics, and Agios Pharmaceuticals will face tougher questions in Q2 earnings about w