$79.00
+0.12 (+0.15%)
THO News13 articles
P&G Acquires Thorne for $3.8B to Bolster Health Care Growth
P&G (PG) buys Thorne for $3.8 billion, a 5.85x sales multiple, to accelerate health care growth. Thorne accounts for 5.2% of P&G's health care revenue.
P&G to Acquire Thorne for $3.8 Billion in Premium Supplements Bet
P&G (PG) acquires premium supplement maker Thorne for $3.8 billion, paying 5.8x projected 2026 sales. The deal underscores P&G's push into high-growth wellness categories.
CBIZ Stock Surges Near $55 on Grant Thornton's $5B Buyout
CBIZ (CBZ) shares surged to $54.45 following Grant Thornton's $5 billion acquisition offer at $55 per share, with a narrow 1% arbitrage spread signaling high deal confidence.
Boeing Regains Aircraft Certification Authority Ahead of Key Cash Flow Update
The FAA will restore Boeing's full certification powers for 737 MAX and 787 aircraft next week, covering 90% of deliveries. Shares slipped 0.14% to $214.03.
FCC Authorizes Reflect Orbital's Space Mirror Test; High-Cost Lighting Service Seen as Near-Term Focus
The FCC has approved Reflect Orbital's first space mirror test. CEO Ben Nowack's stated pricing of $5,000 per hour indicates a near-term focus on targeted lighting services rather than power generation.
SCI Shares Dip Despite Dividend Hike and $600M Buyback Authorization
SCI shares dropped 3.9% to $73.96 on June 15 as the company raised its quarterly dividend by 6% to $0.36 per share and expanded its buyback authorization to $600 million, while keeping 2026 guidance unchanged.
China Shuts Down Unauthorized Cross-Border Stock Trading Platforms
China's securities regulator has ordered Tiger Brokers, Futu Securities, and Longbridge Securities to wind down unauthorized cross-border trading for mainland clients, citing illegal operations. Shares of Futu and UP Fintech plunged over 30% in U.S. premarket trading.
UnitedHealth Eases Prior Authorization Rules; UNH Shares Gain
UnitedHealth Group shares climbed 1% after the company announced it will eliminate prior authorization for 30% of services by 2026, including outpatient surgeries and diagnostic tests.
Newmont Tops Q1 Estimates, Authorizes $6B Buyback, Warns on Q2 Costs
Newmont reported Q1 adjusted earnings of $2.90 per share, beating estimates, and authorized a new $6 billion buyback. The miner warned of higher costs and lower output in the second quarter.
Salesforce Authorizes $50 Billion Buyback, Shares Gain After Hours
Salesforce shares advanced in extended trading after the company disclosed a fresh $50 billion stock buyback program and a quarterly dividend, contrasting with a broader market decline driven by inflation and geopolitical concerns.
Suzano ADRs Stabilize Following Earnings-Driven Rally and Share Repurchase Authorization
Suzano's U.S.-traded shares held steady premarket after a 13.5% surge, driven by record 2025 revenue and a new buyback program for up to 40 million shares through 2027.
BigBear.ai Shares Gain Ahead of Key Share Authorization Vote
BigBear.ai shares edged higher in premarket trading, recovering from recent declines as investors focus on an upcoming shareholder vote to potentially double the company's authorized share count.
BigBear.ai Shareholders to Decide on Doubling Authorized Stock
BigBear.ai Holdings shares held steady premarket ahead of a key February 18 shareholder vote on increasing authorized common shares from 500 million to 1 billion. The stock rose 3.2% in the prior session.