Cintas Makes $5.2B Bid for UniFirst After Years of Rejection
Cintas offers $275/share to acquire uniform supplier UniFirst, adding $350M break fee to address regulatory concerns in persistent four-year pursuit.
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Jefferies Starts Coverage on BlackSky With Buy Rating
Jefferies initiated coverage of BlackSky with a Buy rating and a $23 price target, citing strong growth potential from its space-based imagery business and new satellite constellation.
T1 Energy & Treaty Oak Sign 900MW Solar Manufacturing Deal
T1 Energy signs 3-year deal with Treaty Oak to supply 900MW of domestically-produced solar modules from its new Texas manufacturing facility.
Honeywell Slashes Outlook Amid Spin-Off and Legal Troubles
Honeywell restructures into 4 segments, excludes Advanced Materials from operations, and revises 2025 guidance to $37.5-37.7B sales.
Rocket Lab Secures $816M Contract to Build Defense Satellites
Rocket Lab secures $816M contract to build 18 missile-defense satellites for U.S. Space Force, its largest deal yet, totaling $1.3B in awards.
FedEx Faces Higher Costs After Cargo Plane Grounding During Peak Season
FedEx expects lower earnings after grounding MD-11 cargo planes, facing higher costs during the busy holiday shipping season.