Latest Corporate News
Victorias Secret & Co. Reports Quarterly Earnings with Significant Decline
Victorias Secret & Co. (VSCO) reported earnings for Q4 ending October 31, 2025, with a consensus EPS forecast of -$0.60, marking a 20% decrease year-over-year. The retail shoe company has met or beaten analyst expectations in three of the last four quarters, with a projected Price to Earnings ratio of 20.44 for 2026 versus an industry average of 21.00.
KNOT Offshore Partners LP Reports Earnings Surge
KNOT Offshore Partners LP (KNOP) posted earnings for Q3 ending September 30, 2025, with a consensus EPS forecast of $0.13, representing a 218.18% increase from last year. Despite missing expectations in Q3 2024, KNOP's 2025 P/E ratio is forecasted at 13.37, higher than its industry's -3.20, signaling strong earnings growth.
New America Acquisition I Leads SPAC Offerings with $300M Raise
New America Acquisition I priced a $300 million SPAC offering with 30 million units at $10 each, focusing on U.S.-based manufacturing and technology firms. The SPAC, led by CEO Kevin McGurn and supported by advisors including Donald Trump Jr. and Eric Trump, is expected to close on December 5, 2025, and will trade on Nasdaq.
Amynta Group Completes Acquisition of International Sureties
Amynta Group finalized its acquisition of Global Surety, LLC and affiliates. This specialty surety broker offers commercial surety products like admiralty, court, bankruptcy, logistics, and license bonds. Amynta, with over $4 billion in managed premium, enhances its insurance service offerings across Europe, North America, and Australia through this deal.
Merger to Create Canada's Largest Private Insurance Brokerage Announced
Navacord Corporation and Acera Insurance Services Ltd. announced their planned merger, intended to create Canada's largest privately held insurance brokerage. The deal is set to close in Q1 2026, with Acera operating under the Navacord brand post-merger.
Investcorp Acquires Kanawha Scales & Systems
Investcorp, advised by Gibson Dunn, acquired Kanawha Scales & Systems, a leading provider of weighing calibration, repair, and automation solutions. This transaction expands Investcorp's portfolio in the industrial services sector.
Peterson Brands Acquires Country Pure Foods to Expand Juice Business
Peterson Brands, LLC announced the acquisition of Country Pure Foods, a top U.S. juice and plant-based beverage producer. The acquisition enhances Peterson's manufacturing and distribution capabilities, expecting a smooth transition while continuing daily operations during integration.
Cross Country Healthcare Merger with Aya Healthcare Extends Agreement Deadline
The merger agreement between Cross Country Healthcare and Aya Healthcare saw its end date extended to December 3, 2025, partly due to a significant government shutdown. This development signals ongoing consolidation efforts in the healthcare staffing industry.
Starbucks Issues Retroactive Payments to City Employees
Starbucks agreed to pay each hourly employee in a specific city $50 for each week worked between 2021 and 2025, reflecting corporate responsibility initiatives towards compensation adjustments amid evolving workforce demands.
World Bank Highlights Urgent Need for Climate Adaptation in Gabon
A World Bank report warns that without stronger climate adaptation measures, Gabon's GDP could decline by 3.5% to 5.3% by 2050. The report underscores the economic risks climate impacts pose to corporate and national growth prospects.