Articles by Daniel Marsh
Blackstone-Led Lenders Take Over Medallia, Wiping Out Thoma Bravo's $5 Billion Equity
Lenders led by Blackstone, Apollo, and FS KKR Capital have taken control of Medallia from Thoma Bravo, wiping out the buyout firm's $5 billion equity stake. The restructuring includes $150 million in new capital.
Nokia Shares Face Key Test After Sharp Pre-Holiday Decline
Nokia shares dropped nearly 9% in a shortened trading week despite multiple AI and network announcements, as investors demand proof of cash flow and margins ahead of the July 23 Q2 report.
Coeur Mining to Enter S&P MidCap 400 After Volatile Week
Coeur Mining added to the S&P MidCap 400 after a turbulent week, with shares closing at $17.54. Index fund demand will be tested at Monday's open.
Mexico's International Air Travel Decline Deepens in May
International passenger traffic at Mexico's three listed airport groups dropped in May, with resort hubs hit hardest, as rising fuel costs and engine issues weigh on airline valuations.
Independence Day Runs Across Indiana Honor Veterans Ahead of 250th Anniversary
Indiana communities will host multiple Independence Day runs, including the Crooked Lake Freedom 5 and Honor Flight Freedom Run, honoring veterans ahead of the nation's 250th anniversary.
Germany's Pension Reform Plan: Retirement Age to 68 by 2051, State Fund Proposed
Germany's pension commission recommends raising the retirement age to 68 by 2051 and establishing a state-run investment fund, challenging Chancellor Merz's coalition as aging population strains public finances.
AbbVie Nears $10.9B Apogee Takeover, Healthcare Stocks in Focus
AbbVie is reportedly close to acquiring Apogee Therapeutics for $10.9 billion in cash, offering a roughly 60% premium. A deal could be announced Monday, putting healthcare stocks in the spotlight.
Energy Stocks on Edge as Strait of Hormuz Closure Roils Markets
The Energy Select Sector SPDR Fund fell 6.6% as Iran's Strait of Hormuz blockade halted tanker traffic. U.S. energy stocks like Exxon Mobil, Chevron, and ConocoPhillips face potential swings when markets reopen Monday.
Chip Stocks Rally as Micron Earnings and Inflation Data Approach
Tech stocks edged higher in a holiday-shortened week, led by chip names. Intel jumped 10.6% after President Trump said Apple would work with Intel on U.S. chip design. All eyes are on Micron's earnings and key inflation data.