Streetbeat News

Acquisitions Mergers

AWI

Armstrong World Industries (AWI) reported strong Q4 earnings and net sales, surpassing estimates. The results were driven by strong Average Unit Volume (AUV) growth, increased sales volume, and contributions from recent acquisitions.

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February 26, 2025 | 4:45 pm

COR

Cencora is poised for higher potential returns after reducing its stake in Walgreens. The company benefits from steady revenue growth in pharmaceutical distribution, a strong economic moat, low leverage, and a BBB+ credit rating. Strategic acquisitions and an active share repurchase program further enhance shareholder returns.

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February 26, 2025 | 4:15 pm

INFN

NOK

The EU Commission has approved Nokia's $2.3 billion acquisition of U.S. company Infinera, a maker of optical semiconductors and networking equipment.

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February 26, 2025 | 3:30 pm

BRK

Berkshire Hathaway Inc. reported positive Q4 2024 earnings, with significant growth in its insurance segment. The company's substantial cash reserves allow for strategic acquisitions and share repurchases, enhancing stock value. The CEO succession plan with Greg Abel ensures continuity of Warren Buffett's investment strategy.

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February 26, 2025 | 3:15 pm

LLY

Eli Lilly plans to invest $27 billion in four new U.S. manufacturing plants amid potential pharmaceutical tariffs from the Trump administration.

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February 26, 2025 | 3:00 pm

FLEX

Flex Ltd. (FLEX) has seen a 39% stock surge over the past year, driven by strong performance in data center, medical devices, and consumer markets. A strategic acquisition further supports its growth momentum.

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February 26, 2025 | 3:00 pm

NITO

N2OFF, Inc. (NASDAQ: NITO) has signed a definitive agreement to acquire MitoCareX Bio Ltd., a biotech company specializing in drug discovery for cancer therapeutics. This acquisition marks N2OFF's expansion into the biotech sector, targeting hard-to-treat cancers.

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February 26, 2025 | 2:45 pm

GNYPF

Masivo Silver Corp. has signed a letter of intent to acquire a gold, silver, and copper project in Sonora, Mexico. The project includes two mineral concessions and is located near a major copper mine.

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February 26, 2025 | 2:30 pm

MKZR

MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) has signed a nonbinding letter of intent to purchase a waterfront property in Suisun, California, aiming to develop 81 multi-family apartment units and 7 townhomes.

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February 26, 2025 | 2:15 pm