Yum! Brands in Exclusive Talks to Sell Pizza Hut to LongRange Capital
Yum! Brands may sell Pizza Hut to LongRange Capital as sales fall and stores close; deal still not finalized.
NOTRELOAD AI
UMG Rejects Bill Ackman’s $65 Billion Takeover Bid – Music Giant Stays Independent
Universal Music Group rejected Bill Ackman’s $65B takeover offer, saying it undervalues the company and they plan to keep growing.
Green Energy Strikes Back: Nextpower’s $365M Battery Deal Powers AI Data Centers & Lifts Outlook
Nextpower to acquire Prevalon Energy for up to $365M, entering battery storage (BESS) and AI data center markets. Raises FY2027 revenue & EPS outlook. Shares +14%, 5 analyst upgrades.
No More Shots for Kids! FDA Approves Inhaled Afrezza 6+
The FDA has just approved MannKind’s Afrezza—the first inhaled insulin for children aged 6 and older with Type 1 and Type 2 diabetes.
Oculis DIAMOND Trial Results: Vision Goal Not Met, But Retina Improved – Company Shifts Focus
Oculis eye drops failed main vision goal in DME trials but reduced swelling; no FDA filing, company shifts focus, strong cash until 2029.
C4 Therapeutics Shares Rocket as Bristol Myers Squibb’s Mezigdomide Phase 3 Triumph Lights Up Protein Degrader Sector
C4 Therapeutics stock jumped after Bristol Myers Squibb announced strong Phase 3 SUCCESSOR-2 results for mezigdomide in multiple myeloma.