Latest Corporate News News
Goldman Sachs Shares Surge on Record Equity Trading Revenue
Goldman Sachs' shares rose 4.6% after reporting the highest equity trading revenue among Wall Street banks, boosting major banking results overall. Strong trading revenues supported robust performances despite divergences in investment banking fees.
Investors scrutinized individual reports amid positive sector momentum.
TSMC Reports 25.5% YoY Revenue Growth, Raises Margin Guidance
Taiwan Semiconductor Manufacturing Company (TSMC) achieved 25.5% year-on-year revenue growth in Q4, alleviating AI demand sustainability concerns. The chipmaker raised long-term gross margin guidance above 56%, supporting technology sector gains.
Results bolstered market confidence in AI infrastructure investments.
Rio Tinto and Glencore Restart Merger Talks
Mining giants Rio Tinto and Glencore resumed discussions for a potential all-share merger, potentially reshaping the 2026 mining landscape. Rio must decide on a firm offer by December 5, 2026, amid strong global M&A momentum.
Goldman Sachs forecasts private markets as dealmaking epicenter.
Worthington Steel Completes Kloeckner & Co Takeover
Worthington Steel finalized its business combination with Kloeckner & Co, creating North America's second-largest steel service center with $9.5B revenue. The deal promises $150M in annual synergies, mostly in North America, fully realized by 2028.
It triples Worthington's sales scale while maintaining margins above 7%.
Cosegic Acquires UK Compliance Consultancy Fintrail
UK firm Cosegic bought compliance consultancy Fintrail to enhance expertise in financial crime and regulatory risk management. Fintrail's team will join to strengthen client culture and operational resilience.
Financial terms undisclosed; announced January 19, 2026.
Repare Therapeutics Shareholders Approve XenoTherapeutics Acquisition
Shareholders of Repare Therapeutics approved its acquisition by XenoTherapeutics, Inc., announced January 19, 2026. The deal advances biotech M&A in Massachusetts and Canada.
It highlights ongoing consolidation in pharmaceuticals and biotech.
Fab-Form Industries Acquires White Rock Property for $2.45M
Fab-Form Industries (OTC: FABFF) purchased a 0.41-acre lot in White Rock, BC, for $2.45M using internal capital, no debt. The site will showcase proprietary Flex-R and Ever-Slab tech in smart housing prototypes by late 2026.
Weekly open houses planned to market to builders.
Canadian M&A Poised for 2026 Surge Driven by Nation-Building
One-third of Canadian business leaders plan major acquisitions in 2026, fueled by $115B government infrastructure spending spurring $1T private investment. Hotspots include energy, critical minerals, AI infrastructure, and housing.
KPMG ranks top in 2025 deal advising.
JPMorgan Shares Decline Despite Meeting Earnings Expectations
JPMorgan Chase shares fell 4.2% due to disappointing investment banking fees, despite hitting top and bottom-line targets. This contrasted with peers' gains from strong trading revenues.
Banking sector showed overall robustness.
Alibaba Health Surges 17.9% on AI Healthcare Optimism
Alibaba Health jumped 17.9% as AI health assistant 'Ant Afu' exceeded 30M monthly users post-launch. Parent Alibaba gained 13.5% after Qwen AI upgrades.
Healthcare led gains amid AI application validation.
Netflix to Acquire Warner Bros Studio Operations
Netflix announced plans to buy Warner Bros' studio operations, drawing investor focus on its capital allocation strategy. Upcoming earnings will highlight this move amid key corporate reports.
Intel's foundry expansion also in spotlight.