QXO's Big Move: Acquiring Kodiak for $2.25 Billion
QXO is buying Kodiak Building Partners for $2.25B in cash and stock, expanding its building materials empire and boosting 2026 earnings.
QXO is buying Kodiak Building Partners for $2.25B in cash and stock, expanding its building materials empire and boosting 2026 earnings.
Humana predicts lower 2026 profits due to reduced Medicare ratings, projecting at least $9 per share against Wall Street's $11.92 estimate amid market challenges.
Vertiv Holdings shares soared 15% in premarket after beating Q4 expectations and issuing upbeat 2026 guidance, driven by booming data center demand.
TD Cowen downgrades NuScale Power (SMR) to Hold from Buy ahead of Feb 12 shareholder vote on Romania's Doicesti SMR project. New terms may shift added risk to NuScale.
FDA refuses to review Moderna's innovative mRNA flu vaccine over clinical trial design concerns, sending shares down 7%. Company disputes decision citing prior agency approval.
Mattel buys NetEase's stake in Mattel163 for $159M to boost mobile gaming, while Q4 results miss estimates. Stock falls 26% on weak holiday sales and lower 2026 profit outlook.