Capital Markets, Financing & Acquisitions
Lucid Group (LCID) priced $1 billion of convertible senior notes due 2030, generating net proceeds of about $983.6 million to support its debt repurchase program. Read the details.
RPM International Inc. (RPM) expanded its market presence through an agreement to acquire Star Brands Group, positioning the company in a combined $12 billion cleaners market (read more).
Marking a transformative energy deal, Agape ATP (ATPC) secured Sales and Purchase Agreements valued at around USD 24 billion with Swiss One Oil & Gas AG for jet fuel and diesel supplies (more information).
In a major M&A development, Novartis (via BX) completed the acquisition of Anthos Therapeutics in a deal valued at up to $3.1 billion – with $925 million paid upfront – underscoring its commitment to advanced cardiometabolic disease treatments (read more).
Corporate Initiatives, Earnings & Strategic Partnerships
T‑Mobile (TMUS) leveraged its nationwide 5G standalone network to power Disney Studios StudioLAB’s production of the live‑action Lilo & Stitch film, ensuring real‑time transmission from Hawaii to California (learn more).
Posting steady growth, Lamb Weston (LW) reported Q3 fiscal 2025 results with net sales of $1.52 billion and operating income of $249 million, bolstered by share repurchases and dividends (full report).
In a high‐stakes governance move, Phillips 66 (PSX) faces a board shakeup following Elliott Investment Management’s proposals, with its bold ‘Streamline 66’ plan hinting at a potential stock price leap beyond $200 per share (read more).
Shifting its hospitality strategy, Braemar Hotels & Resorts (BHR) announced plans to convert the 415‐room Sofitel Chicago Magnificent Mile property into a franchise model managed by Remington Hospitality, a move expected to boost property value while retaining the Sofitel brand (read more).
Emphasizing its commitment to domestic production, Ducommun (DCO) reaffirmed that 95% of its revenue derives from U.S. operations, minimizing exposure to international tariff risks and reinforcing its strategic focus on American manufacturing (more details).
Technology, Innovation & Product Development
Riot Platforms (RIOT) reported its March 2025 production metrics, achieving a record post‐halving production of 533 Bitcoin – a 13% increase from February and a 25% rise year‑over‑year – while its Bitcoin holdings surged to 19,223 (read more).
IonQ (IONQ) was selected for the first stage of DARPA's Quantum Benchmarking Initiative, a program critical for setting utility‑scale quantum computing performance metrics (read more).
Expanding its outdoor cooking lineup, Traeger (COOK) launched the new Flatrock 2 Zone Griddle priced at $699, designed for compact spaces yet delivering high‑end performance with two dedicated cooking zones and innovative features like wind‐blocking technology (read more).
Medical & Health Innovation
Intellia Therapeutics (NTLA) dosed the first patient in its global Phase 3 MAGNITUDE‑2 trial for a pioneering one‑time gene editing treatment targeting hereditary ATTR amyloidosis (read more).
In a significant regulatory milestone, Amgen (AMGN) received FDA approval for UPLIZNA®, the first treatment for Immunoglobulin G4‑related disease, following breakthrough trial data showing an 87% reduction in flare risk (read more).
Demonstrating remarkable performance, Dynavax Technologies (DVAX) filed its preliminary proxy statement for the 2025 Annual Meeting, noting approximately 300% total stockholder returns over the past five years along with robust revenue figures from HEPLISAV‑B® (read more).
At the American Academy of Neurology 2025 Annual Meeting, Annexon (ANNX) showcased its leadership in Guillain‑Barré Syndrome research by presenting Phase 3 trial data for its potential targeted therapy, ANX005, aimed at curbing neuroinflammation (read more).
In a tariff-related win, Mesoblast (MESO) announced that its allogeneic cell therapy products, including Ryoncil®, are designated as ‘U.S. Country of Origin’ and will not be subject to U.S. tariffs, reinforcing their competitive edge (read more).
Energy, Infrastructure & Operational Developments
Celebrating a transportation milestone, the Port of Huntsville (NSC) recorded one million lifts and a 22.3% increase in rail lifts in 2024, marking its second consecutive year of growth (more details).
Overcoming winter disruptions, CN (CNI) achieved record grain movement by transporting 2.85 million metric tonnes from Western Canada and 2.98 million metric tonnes nationally in March 2025 (read more).
Helmerich & Payne (HP) scheduled its fiscal second quarter 2025 earnings conference call for Thursday, May 8, 2025, at 11:00 a.m. ET, providing critical insights into operational performance in a challenging market (read more).
