Polaris Sells Majority Stake in Indian Motorcycle to Private Equity Firm
Polaris sells Indian Motorcycle to Carolwood LP in Q1 2026. Deal expected to boost earnings by $50M annually and $1.00 per share while Indian becomes independent company.
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Struggling Beyond Meat Extends Debt Maturity with Exchange Offer, But Massive Dilution Hits Stock
Beyond Meat traded debt for new shares and notes to gain time, but the resulting massive dilution caused the stock to plummet by as much as 46%.
Starboard Value Builds Stake in Keurig Dr Pepper Following Controversial Acquisition Deal
Activist investor Starboard Value takes position in Keurig Dr Pepper after its €15.7B JDE Peet's acquisition announcement triggered 25% stock decline and investor concerns.
OpenAI Formalizes Broadcom Partnership to Co-Develop and Deploy 10 Gigawatts of Custom AI Infrastructure
OpenAI has formalized a multiyear agreement with Broadcom to co-develop and deploy 10 gigawatts of custom AI chips and computing systems starting in 2026.
Brookfield Invests Up to $5 Billion to Deploy Bloom Energy's Advanced Fuel Cells for AI Infrastructure
Bloom Energy and Brookfield announce groundbreaking $5 billion partnership to build next-generation AI factories with advanced fuel cell technology, addressing massive power demands.
BofA Downgrades Intel Stock: 'Too Much Hype, Too Little Progress'
Bank of America cuts Intel to Underperform rating, warning the $80B market cap surge outpaces reality. Concerns include weak AI strategy, uncompetitive chips, and limited options.