Spanning more than 130 locations across 30 countries, a new partnership between French catering giant Sodexo and tech titan Meta represents one of the largest corporate food service contracts in the company's history. The rollout begins in the coming months, marking a significant expansion of Sodexo’s international footprint.
Shares of Insteel Industries jumped 7% to $31.71 following a third-quarter earnings report that showcased robust revenue growth. While the steel wire manufacturer faced a sharp decline in net income compared to last year, investors responded positively to signs of increased shipment activity and sustained market demand.
Investors pushed Inhibrx Biosciences shares down 4.4% to $87.22 following news that the clinical-stage firm has expanded its credit facility with Oxford Finance to $500 million. This move comes as the company seeks to secure its financial runway while preparing for critical clinical data readouts.
CrowdStrike Holdings is absorbing the intellectual property of XM Cyber, a move designed to deepen its integration with Schwarz Digits and streamline security operations for European clients. By acquiring these assets, the firm aims to provide a more cohesive path for regional enterprises to adopt its AI-native Falcon platform.
A sudden surge of 1.19 million metric tons in Chinese orders pushed total U.S. soybean export sales to 1.96 million tons for the week ending July 9. This return of the world’s largest agricultural buyer provides a critical lifeline for American producers, landing well above analyst expectations.
New York City’s yellow taxis are joining the Lyft platform, marking a significant expansion of the partnership between the ride-hailing giant and technology provider Curb. Through the Curb Flow interface, local riders can now hail licensed cabs directly via the Lyft application, integrating the city’s largest fleet into a digital network.
A $1.5 billion injection has propelled cloud-based generative AI platform Fireworks to a $17.5 billion valuation, marking a major scaling milestone. The Series D round arrives as the company hits $1 billion in annualized revenue, underscoring the aggressive capital appetite currently fueling the infrastructure layer of the artificial intelligence boom.
UnitedHealth Group shares jumped 7.3% to $448.98 in pre-market trading after the insurer raised its full-year earnings forecast and signaled success in tempering rising medical expenses. The surge follows a strong second-quarter performance that outpaced Wall Street projections, continuing a year-to-date rally that has seen the stock climb 24%.
A 90-million-Canadian-dollar deal marks a strategic shift for Metro as it offloads its Baie-D'Urfe commercial bakery to FGF Brands. The Toronto-based manufacturer will assume control of production for Premiere Moisson products, allowing the grocery giant to streamline its operations while maintaining its retail footprint.
Johnson & Johnson’s DePuy Synthes unit has acquired Expanding Innovations, a medical technology firm specializing in expandable implant systems for spinal procedures. The deal, for which financial terms remain undisclosed, strengthens the company’s presence in the competitive market for interbody cages used in complex back surgeries.
Shares of Digi Spain climbed 7% during their opening session on the Madrid Stock Exchange, signaling investor appetite for the telecommunications provider. The company, which entered the Spanish market in 2008, began trading at a valuation of 1.66 billion euros, narrowly outpacing its initial public offering price of 5.60 euros.
Arbutus Biopharma and its licensee Genevant have launched three new patent infringement lawsuits against Pfizer and BioNTech, targeting the lipid nanoparticle technology central to their Covid-19 vaccines. These filings in Canada and the Unified Patent Court mark a significant international expansion of the company’s ongoing legal campaign for compensation.
ManpowerGroup shares climbed 10% to $43 in premarket trading after the employment services firm reported a return to profitability for the second quarter and issued third-quarter earnings guidance that narrowly outperformed consensus estimates, defying recent analyst concerns regarding foreign exchange pressures and business divestments.
A 27% premium over Wednesday’s closing price has secured the path for Distribution Solutions Group to exit the public markets. LKCM Headwater Investments, the Fort Worth-based firm already holding a 79% stake in the distributor, announced a definitive agreement to acquire the remaining shares at $35 apiece.
Alimentation Couche-Tard is returning capital to shareholders by launching a fresh buyback program for up to 10% of its public float. The move follows the Toronto Stock Exchange’s authorization for the convenience store giant to repurchase 74.2 million shares over the next year, concluding on July 22, 2027.
A 50% jump in second-quarter profit highlights a banner period for State Street, as the financial services giant saw revenue growth significantly outpace its operational expenses. The firm pulled in $1.08 billion, or $3.65 a share, comfortably exceeding the $3.34 per share forecast by analysts polled by FactSet.
Arbutus Biopharma and its licensee Genevant have launched three new patent infringement lawsuits against Pfizer and BioNTech, targeting the lipid nanoparticle technology used in their COVID-19 vaccines. The legal filings, submitted in Canada and the Unified Patent Court, seek both monetary damages and formal injunctions to block further use of the contested delivery system.
Bradley Barnett has officially stepped into the role of chief financial officer at Bunker Hill Mining, a move that anchors the firm's leadership transition within the United States. Barnett, who previously served as interim finance chief, is now charged with overseeing the company's fiscal operations as it pushes toward commercial production.
Surpassing Wall Street expectations, Citizens Financial Group reported a second-quarter profit of $587 million, or $1.30 a share. The regional lender saw its bottom line swell from $436 million, or 92 cents per share, during the same period last year, fueled by a sharp rise in interest and noninterest revenue.
After a decade of stability in its financial leadership, PJT Partners is turning to internal talent to guide its next phase. The firm announced Thursday that Arun Kalra will take over as chief financial officer on October 1, stepping into a role long defined by his predecessor, Helen Meates.
A 2.9% slide in Experian’s share price forced the credit-reporting giant to the bottom of the FTSE 100 on Thursday. Investors reacted sharply to the company’s first-quarter results, which revealed a cooling of organic revenue growth following a stronger performance in the final quarter of the previous fiscal year.
Bolivian road blockades and civil unrest finally abating, Toronto-based Orvana Minerals is moving to restart oxide ore processing within days. The company confirmed it has finalized all necessary preparations, aiming to stabilize output across its dual portfolio of mining assets in South America and northern Spain.
A sharp reduction in price expectations forced Standard Nuclear to scale back its market entry, settling for a $150 million haul. The Oak Ridge-based fuel provider finalized its offering late Wednesday, slashing both the share count and the per-share value to ensure the deal reached the finish line.
SoftBank has triggered a put option to offload its remaining stake in Boston Dynamics, forcing Hyundai Motor Group to consolidate its grip on the robotics firm. The deal marks a strategic pivot for the Korean automaker as it integrates advanced humanoid technology directly into its global manufacturing floor.
The sprawling fantasy world of Hyrule is heading to toy aisles, as Hasbro inks a multi-year licensing deal with Nintendo to develop products based on The Legend of Zelda. The partnership, announced Thursday, marks a significant push for the toymaker to capture the nostalgia of a franchise spanning nearly four decades.
Investors wiped 17% off Ocado’s market value on Thursday after the online grocer revealed a 12% decline in core earnings. The London-listed firm’s adjusted Ebitda fell to 81 million pounds for the fiscal first half, a figure that strips out substantial one-off payments from North American partners Kroger and Sobeys.
Investors have signaled a tepid reception for Csquare as the data-center firm priced its initial public offering at $21 per share on Wednesday. This valuation sits below the company’s anticipated range of $23 to $27, even as the offering successfully secures over $1 billion in fresh capital for the business.
Investors pushed Rotork shares to an all-time high of 485.40 pence on Thursday, reacting to a 4.14 billion-pound ($5.6 billion) acquisition offer from Swiss industrial giant ABB. The proposed cash deal represents a 73% premium over the U.K. automation company’s previous closing price, signaling a major consolidation in the sector.
The Bank of Korea raised its benchmark seven-day repurchase rate by a quarter-percentage point to 2.75% on Thursday, marking its first increase in over three years. The move signals a decisive shift toward tighter monetary policy as the central bank grapples with persistent inflation and robust economic growth.
A sharp reversal hit Super Tool Co. Ltd. as the Japanese manufacturer reported a net loss of 67 million yen for the first quarter ending June 15, 2026. The result stands in stark contrast to the 67 million yen profit the company secured during the same period just one year prior.
