Industry

Wipro Acquires Mindsprint from Olam in $375M Deal to Overhaul Agribusiness Tech

Wipro buys Olam's Mindsprint for $375M and signs $1B contract to transform agribusiness technology and shared services over eight years.

#wipro, #olam, #mindsprint, #agribusiness, #technology

Howmet Aerospace Finalizes $1.8 Billion Acquisition of Aerospace Fastening Maker CAM

Howmet Aerospace has acquired California-based CAM for $1.8 billion, expanding its aerospace fastener portfolio amid industry growth.

#aerospace, #acquisition, #howmet, #consolidatedaerospacemanufacturing, #fasteners

Biogen Signals $34 Million Deal-Related Charge as It Reshapes Earnings Strategy

Biogen warns of a $34M charge tied to licensing and research deals, underscoring the rising cost and volatility of its deal-driven strategy.

#biogen, #biotechnology, #earnings, #deal, #pharma

Colorado beef-plant strike pauses as 3,800 JBS workers vote to return while talks resume

After a three-week walkout at a major U.S. slaughterhouse, union workers at JBS’s Greeley, Colorado, plant return as negotiations restart.

#jbs, #meatpacking, #laborstrike, #beef

U.S. to repay TotalEnergies nearly $1 billion to drop offshore wind leases, redirecting investment to LNG and drilling

Interior will refund TotalEnergies’ 2022 offshore wind lease payments after it matches the sum in U.S. oil, gas and LNG investments.

#energy, #offshorewind, #lng, #oilgas, #interiordepartment

Charlotte’s Web to Swap Debt for Equity as British American Tobacco Becomes Top Shareholder

CBD pioneer Charlotte’s Web will erase long-term debt by converting BAT’s debenture to equity and raising $10M—diluting shareholders as BAT nears 41%.

#cbd, #hemp, #britishamericantobacco, #recapitalization, #medicare

Micron to Spend Over $4 Billion to Retire Long-Dated Bonds as AI Boom Boosts Cash Flow

Micron says investors tendered about 80% of $5.4B in notes in a cash buyback, paying up to an 8% premium as AI demand reshapes its finances.

#micron, #semiconductors, #ai, #bonds, #debt

MediaCo posts 40% revenue jump in 2025 as losses widen after EstrellaTV deal

Owner of Hot 97, WBLS and EstrellaTV reports $133.3M in 2025 revenue but a $66.2M loss, citing impairments, warrant swings and debt costs.

#broadcasting, #streaming, #earnings, #nasdaq, #multiculturalmedia

GoHealth Reports 55% Revenue Drop and $498 Million Loss as Medicare Broker Pulls Back

GoHealth posted a steep 2025 revenue decline and a $498M loss after cutting Medicare Advantage enrollments, taking big impairments, and facing Nasdaq warnings.

#medicareadvantage, #insurance, #nasdaq, #earnings, #healthcare

MSCI Chief Accounting Officer to Step Down in 2026, Company Says No Dispute

MSCI says global controller and chief accounting officer C. Jack Read will leave in August 2026. The index giant has begun a successor search.

#msci, #accounting, #corporategovernance, #sec, #indexes

Oramed Sells Oral-Insulin Unit to Lifeward, Takes Major Stake in Exoskeleton Maker

Oramed sells its oral drug unit to Lifeward, receiving shares, warrants, royalties and convertible notes—positioning it as a near-control shareholder.

#biotech, #medtech, #nasdaq, #exoskeleton, #convertiblenotes