Latest Corporate News News
Walmart Guides Full-Year Earnings Below Expectations
Walmart issued full-year earnings guidance below expectations, citing uncertainty around trade dynamics and labor market conditions. This reflects how macro crosscurrents are influencing corporate outlooks amid broader investor caution.
Supreme Court Strikes Down Trump's Global Tariffs
The U.S. Supreme Court ruled 6-3 against President Trump’s tariffs imposed via emergency powers, potentially leading to $170 billion in refunds. Trump responded with a new 10% global tariff under the Trade Act, boosting markets like S&P 500 up 0.69%.
Blue Owl Capital Restricts Withdrawals from Private Credit Fund
Alternative asset manager Blue Owl Capital imposed withdrawal restrictions on a retail-focused private credit fund, highlighting liquidity concerns in private markets. While not systemic, it underscores growth in non-bank financial intermediation.
Proofpoint Launches Upgraded Channel Partner Program
Cybersecurity firm Proofpoint topped channel wins with a new partner program emphasizing profitability and deal protection. This upgrade aims to enhance partner support in a competitive market.
Palo Alto Networks Acquires Koi for Agentic AI Security
Palo Alto Networks acquired Koi, creating a new 'agentic endpoint security' category integrated into its Prisma AIRS platform. The deal, reportedly valued at $400 million, bolsters AI-driven cybersecurity.
Net at Work Acquires OnPar Technologies
Managed service provider Net at Work bought North Carolina-based OnPar Technologies, expanding its national footprint across 35 states. The acquisition strengthens solutions in manufacturing, healthcare, and other sectors.
Evergreen Targets 30-40 Acquisitions in 2026 After Record Year
MSP holding company Evergreen, after surpassing $1 billion revenue in 2025 with 16 acquisitions, plans 30-40 M&A deals this year. It follows a buy-and-hold strategy preserving acquired firms' brands.
Ryerson Holding Completes Merger with Olympic Steel
Ryerson merged with Olympic Steel, becoming the second-largest North American metals service center; Olympic shareholders receive 1.7105 Ryerson shares per share, owning 37% post-merger. Ryerson amended its credit facility to $1.8 billion and will trade as RYZ.
KW Kingfisher Takes Sotherly Hotels Private
Sotherly Hotels Inc. merged with KW Kingfisher LLC, converting shares to $2.25 cash per share; KW now owns 100% of common stock. Preferred shareholders could convert within limits.
The Shamrock Companies Acquires ProServ Business Services
Ohio-based Shamrock acquired Tulsa's ProServ for print and promo products, expanding in Oklahoma with enhanced eStore and fulfillment. ProServ's president joins as sales director.
K2 Capital Acquisition Corp. Enables Separate Trading of Shares
SPAC K2 Capital announced separate trading of Class A shares and rights starting February 25, 2026, following its underwritten offering. It's a blank check company seeking business combinations.
Canada's Oil Sands Sector Eyes Mega Merger
Analysts predict a major merger in Canada's oil sands after $37.8 billion in 2025 deals depleted smaller targets. This follows sales by majors like Shell to local firms.