Teledyne to Buy Varex Imaging for $1.1 Billion as Varex Shares Jump 48%
Teledyne is paying a 52% premium for the X-ray imaging specialist as it expands its fast-growing Digital Imaging business.
Month: August 2026
Oil Jumps 3% as Hormuz Uncertainty Returns Ahead of U.S. CPI
Brent and U.S. crude rose more than 3% as markets weighed new conditions for reopening the Strait of Hormuz and Wednesday’s U.S. inflation report.
Barrick Misses Q2 Profit Estimate as Costs Rise and Newmont Deal Clears IPO Path
Higher gold prices lifted Barrick’s earnings, but rising production costs hurt the quarter as a $1.95 billion Newmont settlement removed an obstacle to its North American IPO.
Berkshire Puts More Cash to Work With $4.5 Billion Buyback and Heavy Stock Buying
Berkshire ended a 14-quarter run as a net stock seller as Greg Abel accelerated share repurchases and deployed more of the company’s cash pile.
Intel Plans $15 Billion Stock Sale as AI Demand Drives Higher Spending
Intel is tapping its 2026 stock rally for fresh capital as AI demand pushes the chipmaker to expand manufacturing and advanced packaging capacity.
Archer Aviation to Acquire Boeing’s Wisk, Insitu and SkyGrid as Boeing Takes Nearly 20% Stake
Archer is expanding beyond eVTOL aircraft with a Boeing deal that adds autonomous flight, drones and airspace-management technology.