Latest Corporate News
Asian Shares Slip as 2025 Trading Winds Down
Shares opened mixed in Europe after declines in Asia, with Japan's Nikkei 225 closing at 50,339.48, up nearly 25% for the year despite a 0.4% drop. Prime Minister Sanae Takaichi emphasized attracting global capital to Japan during the year-end ceremony.
U.S. futures remained flat amid thin volumes with holidays approaching.
FONAR Corp to Be Acquired by CEO-Led Group for $98.62 Million
FONAR Corporation (FONR) signed a merger agreement on December 29, 2025, to go private via acquisition by FONAR, LLC and FONAR Acquisition Sub, Inc. The deal values the company at $98.62 million in cash.
This move takes the medical imaging firm private.
OceanFirst Financial and Flushing Financial Announce Merger with $225M Warburg Pincus Investment
OceanFirst Financial Corp. and Flushing Financial Corporation revealed a merger agreement on December 29, supported by a $225 million strategic investment from Warburg Pincus. The deal aims to strengthen their position in the financial sector.
Details on the combined entity's structure were highlighted in the announcement.
Prada Acquires Versace for €1.25 Billion in Luxury Sector Consolidation
Prada completed its €1.25 billion acquisition of Versace in December 2025, consolidating Italian luxury heritage brands. This move marks a significant shake-up in the high-end fashion industry.
It reflects ongoing M&A trends in luxury goods.
Wall Street Ends Monday Lower in Quiet Pre-Holiday Trading
The S&P 500 fell 0.3% on Monday, still up over 17% for 2025 and on track for its eighth straight monthly gain. The Dow dropped 0.5% and Nasdaq 0.5%, weighed by big tech like Nvidia (-1.2%).
Investor skepticism on AI investments contributed to the wobble.