December 8, 2025 3:10 pm
Key Moments Paramount launched a hostile $30-per-share all-cash tender offer directly to Warner Bros. Discovery shareholders, including the Global Networks business. Netflix previously agreed to acquire Warner Bros. Discovery for $27.75 per share in a cash-and-stock deal, valuing the company at an enterprise value of $82.7 billion including debt. President Donald Trump said the Netflix-Warner […]
Read moreDecember 8, 2025 2:51 pm
Key Moments IBM agreed to acquire Confluent in an all-cash deal worth $11 billion, or $31 per share. This price represents a premium of about 34% to Confluent’s Friday close. The companies expect the transaction to close by mid-2026, and it remains subject to the usual completion conditions. IBM continues to expand its AI and […]
Read moreDecember 8, 2025 1:32 pm
Key Moments Ascent Solar Technologies, Inc. (NASDAQ:ASTI) entered into a definitive agreement for a $2 million private placement, and investors may generate up to approximately $3.5 million more through warrant exercises. The transaction is priced at-the-market under Nasdaq rules and includes common stock or pre-funded warrants, plus series A and series B warrants with an […]
Read moreDecember 8, 2025 1:07 pm
Key Moments Recursion Pharmaceuticals (NASDAQ:RXRX) shares climbed 7% after reporting positive Phase 2 data for REC-4881 in familial adenomatous polyposis (FAP). REC-4881 led to a 75% response rate among evaluable patients, with a 43% median reduction in total polyp burden at 12 weeks and durable effects after treatment cessation. The company aims to engage with […]
Read moreDecember 8, 2025 12:53 pm
Key Moments Nasdaq, S&P 500, and Dow futures traded slightly higher as all three major indexes sat within 1.6% of their record closing highs. Markets reflected an 87% probability that the Federal Reserve would cut its key policy rate to a 3.5% to 3.75% range this week. Todd Combs will leave Berkshire Hathaway to join […]
Read moreDecember 8, 2025 11:32 am
Key Moments Pegasus Airlines agreed to acquire Smartwings and its owner, Czech Airlines, from Prague City Air in a deal valued at 154 million euros (almost $180 million). The transfer of ownership of Czech Airlines is expected to be finalized within 12 months, according to a Smartwings spokesperson. Smartwings serves around 80 destinations with nearly […]
Read moreDecember 8, 2025 9:36 am
Key Moments TotalEnergies will hold a 47.5% stake in NEO NEXT+, becoming the largest shareholder in the new U.K. oil and gas venture. The merged entity is projected to produce about 250,000 barrels of oil equivalent per day in 2026, pending deal completion. TotalEnergies plans to retain up to $2.3 billion of decommissioning liabilities tied […]
Read moreDecember 8, 2025 9:00 am
Key Moments Morgan Stanley Capital Services LLC reported Avadel Pharmaceuticals plc (NASDAQ:AVDL) share dealings to the Irish Takeover Panel under Rule 38.5(a). The firm bought 5,770 Avadel ordinary shares and sold 87 shares on December 5, 2025, at prices between $21.34 and $21.37 per share. Morgan Stanley also expanded a short position in Avadel via […]
Read moreDecember 8, 2025 8:25 am
Key Moments RBC Capital Markets says market rents for storage have shifted back into positive territory after turning negative in late 2022. Move-in rates reached neutral by mid-2025 and were slightly positive between August and October, aided by 3% rate gains at CubeSmart and Extra Space in the third quarter. RBC maintains a “mildly positive” […]
Read moreDecember 8, 2025 7:41 am
Key Moments Donald Trump said he will be “involved” in the decision over Netflix’s proposed $72bn takeover of Warner Bros Discovery assets. The Writers Guild of America and Republican Senator Roger Marshall voiced antitrust concerns over combining two major streaming platforms. Competing bids from Paramount Skydance and Comcast were rejected, with Netflix selected for reasons […]
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