Latest Corporate News News
Legence Completes Acquisition of The Bowers Group
Legence Corp. (Nasdaq: LGN) finalized its acquisition of Bowers, a mechanical contractor in Maryland, for $325 million upfront cash plus $50 million deferred, funded by cash, debt, and 2.55 million shares. CEO Jeff Sprau highlighted it as a growth milestone enhancing service offerings.
The deal strengthens Legence's position in mechanical, plumbing, and process systems in the DC Metro area.
Lantheus Closes Sale of SPECT Business to SHINE Technologies
Lantheus, a radiopharmaceutical leader, completed the sale of its SPECT business to SHINE Technologies on January 3, 2026. This transaction allows Lantheus to focus on core areas while SHINE expands in nuclear medicine.
Details on terms were not specified in announcements.
Prosperity Bancshares Completes Merger with American Bank Holding
Prosperity Bancshares, Inc. announced the completion of its merger with American Bank Holding Corporation on January 2, 2026. The merger bolsters Prosperity's regional banking presence in Houston and beyond.
No specific financial terms were detailed in the release.
Tesla Overtaken by BYD in Global EV Sales for 2025
Tesla reported 1.636 million EV deliveries in 2025, down 8.6% from 2024, losing its annual lead to China's BYD. Production fell to 1.655 million vehicles amid market challenges.
This marks the first time Tesla has been surpassed in global EV sales.
Leapfrog Acquisition Corporation Lock-Up Agreement Ends
A lock-up on 435,000 units of Leapfrog Acquisition Corporation expires on January 4, 2026, after 31 days from December 4. Restrictions apply to founder shares and private placement securities post-business combination.
Release conditions include share price thresholds or liquidation events.
No Major Corporate Earnings on January 4 Global Calendar
The corporate reporting calendar for S&P 500, Euro Stoxx 50, Nikkei 225, and MOEX is empty on this Sunday, with a pause before Q4 2025 earnings. US banks and tech giants like Microsoft prepare for mid-January reports after strong Q3 results.
European firms await February full-year disclosures amid mixed Q4 dynamics.
US Q4 2025 Earnings Season Approaches with Optimism
Investors anticipate positive Q4 results from US banks and tech firms starting late January, building on Q3 successes like Microsoft's cloud revenue growth and Walmart's sales. Resilient consumer demand and easing inflation support forecasts.
Holiday period sees minimal announcements.
European Corporates Face Mixed Q4 Amid Cost Pressures
European banks showed profit growth from high rates, but industrials battled high energy costs in Q4 2025. January focuses on macro data like PMI for Q1 profit outlook.
Full-year results slated for February.
China Data to Influence Global Corporate Risk Appetite
Upcoming Chinese PMI and trade figures will impact global markets and corporate sentiment early 2026. Strong or weak data could sway Asia, Europe, and US trading tones.
Investors monitor world's second-largest economy closely.
PaxJones.com Celebrates Six-Year Milestone in Media Coverage
PaxJones.com marked six years of publishing on creative industries, authors, musicians, and entrepreneurs as of January 3, 2026. The platform highlights sustained digital media consistency.
No financial details provided.
Mercantile Bank and Other M&A Activity Noted in Recent Weeks
Recent mergers include Mercantile Bank Corporation (MBWM) and Escalade, Inc. acquisitions around mid-December 2025, signaling ongoing consolidation. Vireo Growth Inc. also active in deals.
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