ADVFN US – Market Content Editor

Canadian apparel company Gildan Activewear (NYSE:GIL) has finalized the acquisition of Hanesbrands (NYSE:HBI) in a transaction valued at $4.4 billion, including debt, marking the largest deal in Gildan’s history. The agreement, structured as a $2.2 billion combination of cash and stock, sets the purchase price at roughly $6 per share—a 24% premium over Hanesbrands’ closing…

Brinker International (NYSE:EAT) reported fourth-quarter fiscal 2025 results that surpassed analyst forecasts, fueled by strong sales growth at Chili’s. Revenue rose to $1.46 billion, a 21% increase from last year, exceeding the $1.44 billion consensus. Net income reached $107 million, or $2.30 per share, compared with $57.3 million, or $1.24 per share, in the same…

Mitsubishi Corporation, the global investment conglomerate, has agreed to acquire a 30% stake in Hudbay Minerals Inc.’s (NYSE:HBM) Copper World project in Arizona, in a deal valued at $600 million. The partnership establishes a joint venture centered on critical metals and marks Japan’s growing presence in North America’s copper sector. The funding will be rolled…

Madison Square Garden Entertainment Corp. (NYSE:MSGE) reported fourth-quarter results on Wednesday that came in below analyst forecasts. Revenue dropped 17% year-over-year to $154.1 million, underperforming the consensus estimate of $175.06 million, while the company posted a loss of $0.57 per share, missing the expected loss of $0.39. Following the announcement, MSGE shares dipped slightly, falling…

Marex Group plc (NASDAQ:MRX), a global financial services platform, saw its shares climb 9.45% in pre-market trading on Wednesday after reporting second-quarter results that exceeded analyst forecasts, led by strong gains in its Agency and Execution division. The company posted adjusted earnings per share of $1.02 for the quarter, topping estimates of $0.93, while revenue…

Arcos Dorados Holdings Inc. (NYSE:ARCO), the largest McDonald’s franchisee in Latin America, reported second-quarter earnings that exceeded analyst projections, though revenue slightly missed expectations. Shares fell 1.44% in pre-market trading following the announcement. The company posted adjusted earnings of $0.11 per share, well above the $0.07 consensus, while total revenue came in at $1.14 billion,…

ProFrac Holding Corp (NASDAQ:ACDC) saw its stock tumble 32% following the announcement of its public offering of Class A common stock priced at $4.00 per share, sharply below the prior closing price of $6.32. The company is offering 18.75 million shares, expected to raise around $75 million in gross proceeds before underwriting fees and other…

Stratasys Ltd. (NASDAQ:SSYS) saw its stock tumble 13.81% in pre-market trading Wednesday after the 3D printing company lowered its full-year outlook, despite posting second-quarter results in line with or slightly above expectations. The polymer 3D printing solutions provider reported adjusted earnings of $0.03 per share for Q2, matching analyst projections, while revenue reached $138.1 million,…

ALT5 Sigma Corporation (NASDAQ:ALTS) saw its stock jump 7% Wednesday following the successful closing of a $1.5 billion registered direct offering, paired with a private placement, to fund its World Liberty Financial (WLFI) Treasury Strategy. The digital asset payments and trading company executed the transactions with leadership from World Liberty Financial and participation from prominent…

Sapiens International Corporation N.V. (NASDAQ:SPNS) saw its stock jump more than 40% to $43.50 on Wednesday after announcing a definitive agreement to be acquired by private equity firm Advent in an all-cash deal valued at roughly $2.5 billion. Under the terms of the agreement, Sapiens shareholders will receive $43.50 per share in cash, representing a…