Trump Opposition Sinks Tegna Stock as TV Merger Deal Faces Uncertainty
Tegna shares dropped 4% after Trump opposed FCC ownership cap changes, threatening Nexstar's $6.2B acquisition and creating turmoil in TV broadcasting consolidation plans.
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Inspire Medical Soars 29% on Medicare Payment Boost
Inspire Medical Systems stock jumps after CMS approves major Medicare payment increase for sleep apnea procedures, effective 2026. Stifel upgrades to Buy.
Arcellx Stock Dips on Kelonia's Early CAR-T Data: Analyst Calls Reaction "Overdone"
Guggenheim analyst says Arcellx stock decline is overdone after competitor Kelonia released early Phase 1 CAR-T therapy data. Maintains Buy rating despite market pressure.
Fulton Financial to Acquire Blue Foundry in $243M All-Stock Deal
Fulton Financial will acquire Blue Foundry Bancorp in a $243M all-stock merger, offering a 47% premium and expanding Fulton’s presence in northern New Jersey. Deal expected to close in Q2 2026.
Sinclair Offers to Buy Remaining EW Scripps Shares at $7.00 Each
Sinclair proposes to acquire all EW Scripps shares it doesn’t already own for $7.00 per share, offering cash and stock options and a 200% premium to recent trading levels.
Evercore ISI Begins Coverage of Beam Therapeutics With Bullish Outlook
Evercore ISI initiates coverage of Beam Therapeutics (BEAM) with an Outperform rating and $35 price target, citing promising early data for BEAM-302 in treating AATD and highlighting key data expected in Q1 2026.