Wall Street Rockets As Bond Yields Drop, Tesla Hits 3-Month Highs: What's Driving Markets Tuesday? Wall Street charged higher Tuesday, with U.S. equities posting broad-based gains by midday as investors embraced a risk-on mood, spurred by easing Treasury yields and renewed optimism surrounding trade talks between the U.S. and the European Union.
TPG Boosts Digital Infrastructure Portfolio With $660 Million Peppertree Acquisition TPG Inc. (
NASDAQ: TPG ) to acquire Peppertree Capital Management in cash and equity deal worth up to $660 million. Transaction approved by board.
AvidXchange To Go Private For 22% Premium In M&A Deal Corpay, Inc. to acquire AvidXchange for $2.2 billion in cash, reflecting a 22% increase over recent stock price and a 16% premium over 90-day average trading price.
Sabre Stock Rockets After Divesting Hospitality Solutions Business To TPG In $1.1B Deal Sabre CEO Kurt Ekert stated that the divestiture will enable the company to focus on its core airline IT and travel marketplace platforms.
Sabre Divests Hospitality Arm To TPG For $1.1B, Plans Debt Reduction Sabre expects to receive approximately $960 million in net proceeds after taxes and fees once the deal wraps.
Goldman Sachs Sees Broad EPS Pressure Across Capital Markets, Highlights Brookfield As A Standout Goldman Sachs analyst expects uncertainty and low rates to impact EPS forecasts for Capital Markets stocks. Alternatives face EPS risks, while Brokers and Wealth Advisors may see downside. Traditional Managers also at risk.
2025 Industry Shake-Up: Goldman Highlights KKR, Raymond James, Hamilton Lane Goldman Sachs predicts winners and losers among alternative asset managers, brokers, and traditional managers in 2025, with bold rating adjustments.
AT&T Stock Buyback Announcement Expected At Investor Day AT&T hosts an investors day Tuesday. Wall Street analysts expect the telecom giant to announce an AT&T stock buyback.
Deal Dispatch: Starbucks Considers China Sale, Private Equity Bankrupts Snack Company, Darwin Financial Talks Mining Darwin Financial's Joshua Robinson talks to Benzinga about the firm's latest commodities deal, and more M&A news from this past week.
Deal Dispatch: Shell, Unilever And More Are On The Sell Side; The Onion Makes Alex Jones Cry Foul Evolent Health, Kronos Bio, Saint-Gobain, Shell and Unilever are on the sell-side this week. Benzinga's Deal Dispatch has the latest M&A updates.
Telecom M&A: DirecTV-Dish Deal In Peril. Charter To Buy Liberty Broadband. Satellite TV broadcaster DirecTV has threatened to pull its offer to buy Dish TV if a debt-exchange offer is not completed.
Trump Trade Sparks Biggest Financial Stock Inflows In 2 Years Financial stocks rally after Trump's return to White House; investors expect deregulation and tax cuts. Goldman Sachs predicts top picks in sector.
