Grant Thornton to Acquire CBIZ for $5 Billion in Largest Accounting Deal in 25 Years
Creates 5th-largest U.S. firm; New Mountain backs spin-off.
Markets move fast. You should move faster. Be the first to know when deals break, stocks move, or biotech headlines hit. Sign up to get breaking news alerts the moment they happen.
Creates 5th-largest U.S. firm; New Mountain backs spin-off.
JPMorgan points to above-seasonal sales performance and competitive pricing as key drivers.
Baird downgrades CAT stock over growing state and local bans on data centers. Near-term orders strong, but 2027-2028 slowdown expected.
SoFi beats Q2 estimates, raises revenue guidance to $4.75-4.85B but holds profit targets flat. Shares dip premarket on mixed guidance.
GlobalFoundries receives $300M US funding to advance silicon photonics, targeting 400Gb/s speeds and 5x energy efficiency for AI data centers.
Vertiv’s Q2 revenue of $3.27B missed $3.37B estimates due to supply delays, despite EPS beat and raised guidance.