Latest Corporate News
U.S. M&A Market Surges to $110 Billion in January 2026
The U.S. mergers and acquisitions market started 2026 strongly with $110.1 billion in deal value across 846 transactions, driven by energy security and AI demands. Key deals include Devon Energy and Coterra Energy's $58 billion merger and Transocean-VAL's $5.8 billion offshore merger.
This marks the end of the previous deal-making winter amid global uncertainties.
Nvidia Reports Record Q4 Revenue and Raises Guidance
Nvidia's fourth quarter revenue rose 73.3% to $68.1 billion, with operating earnings up 97.8% to $42.96 billion. The company beat analyst expectations and raised future sales guidance, fueled by exponential computing demand from agentic AI.
CEO Jensen Huang highlighted the AI inflection point.
Papa Johns Closes 300 Restaurants and Cuts Staff
Papa Johns is shutting 300 underperforming restaurants and reducing workforce by 7% due to seven quarters of declining same-store sales. The chain plans $25 million in cost savings through 2027 amid weak pizza demand and inflation pressures.
CEO Todd Penegor announced structural changes for efficiency.
HBT Financial Completes Merger with CNB Bank Shares
HBT Financial merged with CNB Bank Shares effective March 1-2, 2026, adding $1.8 billion in assets and expanding in Illinois, Chicago, and St. Louis. The deal creates a $6.9 billion asset franchise with 84 branches.
Two CNB directors joined HBT's boards.
Candid Therapeutics Merges with Rallybio, Raises $505M
Candid Therapeutics announced a merger with Rallybio Corporation and $505+ million private financing on March 2, 2026. The combined company will trade as Candid Therapeutics (CDRX) on Nasdaq, focusing on T-cell engagers for autoimmune diseases.
Closure expected mid-2026 pending approvals.
Blue Owl Private Credit Fund Faces Redemption Freeze
Blue Owl Capital Corp II restricted investor exits, sparking sell-offs in Ares, Apollo, KKR, Blackstone, and TPG stocks. This is the third private credit issue in six months, prompting a market reset but not fundamentals crack.
Man Group views it as a reality check amid volatility.