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Cegid and Silae Plan €10 Billion-Plus French Software Merger
Silver Lake plans to remain majority shareholder, while Christian Pedersen will lead the group and closing is targeted for the first half of 2027.
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Inditex First-Half Profit Rises 6.8% as Early Second-Half Sales Gain 9%, but Q2 Margin Misses
First-half sales rose 7.6% to €19.8 billion, while constant-currency sales from Aug. 1 to Sept. 7 gained 9%; Q2 gross margin fell short of analyst expectations.
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Saab Wins SEK 2.9 Billion Swedish Order for Future Fighter-System Development
The 2026-2028 FMV contract funds flying and ground demonstrators, advanced studies and concepts spanning crewed and uncrewed combat-air systems, with options for 2029 and 2030.
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GE Aerospace Agrees to Buy Consolidated Precision Products for $11.75 Billion
GE Aerospace plans to fund the CPP acquisition with $7 billion in cash and the remainder in new debt, adding a major supplier of castings used across commercial…
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United Community Banks Sells $2.6 Billion of Securities, Expects $300 Million Pretax Hit
The bank reclassified $2.2 billion of held-to-maturity securities before selling $2.6 billion of lower-yielding assets, with proceeds being shifted toward shorter-duration holdings and organic loan growth.
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John Marshall Bancorp and Eagle Financial Services Announce $253 Million All-Stock Merger
Eagle shareholders will receive 2.0 John Marshall shares for each EFSI share, creating a projected $4.4 billion Virginia banking company with 23 offices.
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GameStop Posts Record Q2 Operating Income as Collectibles Reach 45% of Sales
Collectibles sales rose 57% to $356.3 million even as total revenue fell, while GameStop lifted full-year adjusted EBITDA guidance above $650 million.
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Qualcomm and Amazon Expand AI Data-Center Partnership Into Custom Silicon and 1.6T Networking
The companies are extending their AWS relationship into multi-generation customized silicon and high-speed optical connectivity, while an SEC filing ties an Amazon warrant for up to 25 million…
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U.S. Treasury Sanctions 36 Iran Aviation Targets and Issues Alert to Financial Institutions
Treasury sanctioned 36 Iran aviation-related targets, including 27 remaining Iranian airlines, while FinCEN warned financial institutions to watch for procurement networks seeking aircraft and parts.
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UNFI Swings to Q4 Profit and Guides to Higher Fiscal 2027 Earnings
United Natural Foods posted $35 million of fourth-quarter net income after an $87 million loss a year earlier and forecast higher GAAP and adjusted earnings for fiscal 2027.