Latest Corporate News
Nuveen Acquires Schroders in $13.4 Billion Deal Creating $2.5 Trillion Asset Manager
U.S.-based Nuveen is acquiring U.K.-based Schroders for £9.9-billion (US$13.4 billion), forming one of the world's largest active global asset managers with nearly US$2.5 trillion in AUM. The merger enhances capabilities across equities, fixed income, infrastructure, and more, with completion expected in Q4 2026.
Nuveen CEO highlighted complementary platforms and growth opportunities for clients worldwide.
Google Receives EU Approval for $32 Billion Wiz Acquisition
The European Commission unconditionally approved Google's $32 billion acquisition of cybersecurity firm Wiz on February 10. Regulators found no competition concerns as Google trails Amazon and Microsoft in cloud infrastructure market share.
This marks Google's largest deal, ensuring customers have alternatives.
S&P 500 Rises Ahead of Key Federal Reserve Minutes
U.S. stock markets opened higher on February 19, with S&P 500 up 0.16%, Dow up 0.2%, and Nasdaq up 0.26% ahead of Fed news. Gold surged to $4,970 while Bitcoin dipped to $67,263.
Markets react to anticipation of Fed minutes release.
Amazon Stock Bottoms Out with Morgan Stanley Overweight Rating
Amazon shares appear to have bottomed after a rough period, showing oversold indicators and pivoting higher. Morgan Stanley reiterated overweight rating, citing AWS and Retail as GenAI winners with potential 30%+ growth in 2026/27.
Partnerships seen as positive for the stock.
Nvidia Shares Surge on Multi-Year Meta AI Partnership
Nvidia stock rose over $3 on news of a multi-year AI infrastructure deal with Meta. The partnership includes Grace CPUs, Vera CPU adoption, Spectrum-X networking, and GB300 systems for data centers.
Enhances AI privacy in WhatsApp via Nvidia confidential computing.
Middle East M&A Activity Gains Momentum into 2026
Middle East M&A saw strong growth with intra-regional deals at 50% of activity, focused on UAE, Saudi Arabia, and Egypt. Key sectors include energy with $1.4B Brooge Petroleum acquisition and $2.2B Khazna Data Centers investment.
Trends emphasize AI, healthcare, and clean energy amid regulatory reforms.
Centrus Energy to Ring NYSE Bell Celebrating Multi-Billion Expansion
Centrus CEO Amir Vexler will ring the NYSE Opening Bell on February 19 for its uranium enrichment expansion in Piketon, Ohio. The project bolsters U.S. nuclear fuel supply chain, creates jobs, and supports advanced nuclear tech.
Faces risks from geopolitics and government funding.
SM Energy Sells $950 Million South Texas Assets to Caturus
SM Energy agreed to sell 61,000 net acres and 260 wells in Maverick Basin to Caturus Energy for $950 million cash. Deal closes Q2 2026 with February 1 effective date, advised by Skadden.
Strengthens focus on core operations.
Equinox Gold Reports Transformational 2025 with Merger and Debt Reduction
Equinox Gold completed merger with Calibre, achieved record production, and reduced debt by over $1.1 billion. 2026 guidance: 700k-800k oz gold at $1,425-$1,525/oz cash costs.
Priorities include cash flow generation and organic growth.
Oil Prices Climb 2.7% on U.S.-Iran Nuclear Tensions
Oil rose $1.71 to $64.04 amid VP Vance's warnings on Iran nuclear talks and Trump's military readiness. Potential conflict threatens Strait of Hormuz oil shipping; second carrier deployed.
Escalation risks supply disruptions.
Goldgroup Named to TSXV Top 50 Amid Merger with Gold Resource
Goldgroup recognized in TSXV Top 50 performing companies while pursuing merger with NYSE-listed Gold Resource. Aims to restart San Francisco Mine and boost production.
Transaction timeline and benefits anticipated.