US Securities Industry Profits Surge to $45.9 Billion in First Half of 2026
Profits across the US securities industry reached $45.9 billion in the first half of 2026, putting Wall Street on track to set a new annual record, according to a report released by New York...
Aon to Buy USI Insurance Services for $17 Billion
Aon has agreed to acquire rival USI Insurance Services from private equity firm KKR for $17 billion, marking one of the biggest insurance brokerage deals in recent years. The transaction will significantly expand Aon’s...
U.S. Equity Funds See Biggest Outflow in Five Months
U.S. equity funds suffered their largest weekly outflow in five months in the week ended August 26, as investors reassessed the outlook for artificial intelligence ahead of Nvidia’s earnings and awaited potentially important comments...
Dollar General Raises Sales Forecast as Value Shopping Gains
Dollar General raised its annual comparable-sales forecast on Thursday, signaling continued strength as cost-of-living pressures push consumers toward lower-priced essentials. The retailer now expects same-store sales to increase 2.5% to 2.9%, up from its...
Meta Settlement Leaves Core Business Intact
Meta Platforms has emerged from its biggest U.S. legal challenge with its core business largely intact after agreeing to pay up to $18 billion over a decade to settle claims brought by nearly all...
U.S. Services Sector Drives Sharp August Business Activity Surge
The U.S. services sector recorded its strongest growth in nearly two years in August, driving a sharp acceleration in overall business activity and more than offsetting slower manufacturing growth. S&P Global’s flash Services PMI...
Lyntris IPO Raises $297.5 Million
Lyntris raised $297.5 million in a downsized U.S. initial public offering after pricing its shares below the marketed range, highlighting continued investor caution despite renewed interest in defense stocks. The Falls Church, Virginia-based defense...
Jersey Mike’s Targets Nearly $8 Billion Valuation in U.S. IPO
Sandwich chain Jersey Mike’s Subs is aiming for a valuation of up to $7.94 billion in its U.S. initial public offering (IPO), testing investor demand for restaurant stocks amid a recovering market for new...
Williams Secures $5.3 Billion Investment from Blackstone-Led Consortium
U.S. pipeline operator Williams has secured a $5.34 billion investment from a consortium led by Blackstone, which will acquire a 49% noncontrolling stake in five of the company’s behind-the-meter power generation projects. The investment...
Standard Nuclear Targets $3.55 Billion Valuation in U.S. IPO
Nuclear fuel company Standard Nuclear is seeking a valuation of up to $3.55 billion through its upcoming initial public offering (IPO) in the United States. The company plans to raise as much as $383.25...