Latest Corporate News News

đź“…January 16, 2026 at 1:00 PM
Major bank earnings reports mixed amid credit card pressures; wave of corporate acquisitions in steel, quantum tech, real estate, insurance, and radar sectors dominate global M&A activity.
1

J.P. Morgan Chase Reports Q4 Earnings Miss on Apple Deal Impact

J.P. Morgan Chase's fourth quarter profit dropped 7% year-over-year to $4.63/share due to a new Apple credit card deal, though adjusted earnings beat estimates.Source 1 Core Wall Street trading revenues rose 15%, but investment banking fees fell 5%; revenue increased 7% to exceed expectations.Source 1 CEO Jamie Dimon highlighted resilient consumer spending despite soft labor market.Source 1

2

Worthington Steel to Acquire Kloeckner & Co for $2.4 Billion

Worthington Steel announced acquisition of Kloeckner & Co, strengthening leadership in North American metal processing.Source 2Source 11 The deal expands high-value metals offerings and creates significant shareholder value.Source 11 Announced January 15, 2026.Source 2

3

SEEQC Enters Merger Agreement with Allegro Merger Corp.

Quantum computing chip developer SEEQC signed a definitive merger with Allegro Merger Corp., an SEC reporting company.Source 2 The merger forms a subsidiary to merge into Allegro, pending conditions.Source 2 Announced January 16, 2026.Source 2

4

Invitation Homes Acquires ResiBuilt Homes for Build-to-Rent Expansion

Invitation Homes bought ResiBuilt Homes, a leading Southeast U.S. build-to-rent developer, to boost housing supply.Source 2 The acquisition enhances delivery of family-oriented communities in high-growth markets.Source 2 Deal announced January 16, 2026.Source 2

5

Sila Realty Trust Completes $43.1M Acquisition of Oklahoma Rehab Facility

Sila Realty Trust acquired an inpatient rehabilitation facility in Oklahoma City for $43.1 million.Source 2 The purchase expands its healthcare real estate portfolio.Source 2 Transaction completed as of January 16, 2026.Source 2

6

Gryphon Holdings to Acquire PrimeOne Insurance Company

Gryphon Holdings entered a definitive agreement to buy specialty insurer PrimeOne, focusing on property and casualty niches.Source 2 Terms undisclosed; supports program administrators and MGAs.Source 2 Announced January 15, 2026.Source 2

7

Leonardo to Acquire Enterprise Electronics Corporation

Leonardo US Corporation signed to acquire EEC, specializing in weather radar and satellite stations for military and civilian use.Source 4 Enhances meteorological capabilities and U.S. presence with over 1,500 global systems.Source 4 Closing expected Q1 2026.Source 4

8

Zydus Lifesciences Completes Acquisition of Agenus Biologics Facilities

Zydus Lifesciences acquired Agenus Inc.'s biologics manufacturing facilities and launched Zylidac Bio LLC in the U.S.Source 6 Strengthens innovation-led life-sciences capabilities.Source 6 Completed January 15, 2026.Source 6

9

Citigroup, Wells Fargo, Bank of America Beat Earnings Estimates

Following J.P. Morgan, Citigroup, Wells Fargo, and Bank of America reported Q4 earnings, beating adjusted estimates.Source 1 Wells Fargo and Citigroup slightly missed revenue; all navigated credit card rate pressures.Source 1 J.P. Morgan shares up 34% in 2025.Source 1

10

Gold Royalty Corp. Acquires Additional Borborema Royalty

Gold Royalty announced acquisition of additional royalty on the Borborema project.Source 6 Expands portfolio in mining royalties.Source 6 Deal dated January 14, 2026.Source 6

11

Global M&A Value Hits $4.8 Trillion in 2025, Tech Leads into 2026

Global M&A rose 41% to $4.8T in 2025, second-highest on record, driven by tech/AI deals worth $1.08T.Source 8 North America up 52% to $2.65T; expectations for increased tech deal count in 2026.Source 8 December 2025 deal value up 59% YoY.Source 10

12

December Global Deal Value Rises 7% to $516 Billion

Aggregate global monthly deal value increased to $516B in December 2025, up 59% YoY, with sponsor deals up 42%.Source 10 Deal count jumped 35% MoM to over 2,700 transactions.Source 10 Strategic buyers led volume increases.Source 10