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Brookfield Asset Management and CPPIB Acquire LXP Industrial Trust for $5.2 Billion

Brookfield Asset Management and CPPIB Acquire LXP Industrial Trust for $5.2 Billion

Brookfield Asset Management and CPPIB Acquire LXP Industrial Trust for $5.2 Billion
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Brookfield and CPP Acquire LXP Industrial Trust in $5.2 Billion Deal

Brookfield and CPP Acquire LXP Industrial Trust in $5.2 Billion Deal

Brookfield and CPP Acquire LXP Industrial Trust in $5.2 Billion Deal
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Prologis makes final $18.8 billion takeover bid for UK's Segro

Prologis makes final $18.8 billion takeover bid for UK's Segro

July 22 (Reuters) - U.S. warehousing giant Prologis on Wednesday made what it called its best and final proposal to buy British rival Segro for about £14 billion ($18.8 billion), in a last-minute approach ahead of a takeover deadline as investors urged the pair to keep talking.
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3M boosts annual profit forecast driven by resilient industrial unit

3M boosts annual profit forecast driven by resilient industrial unit

July 21 (Reuters) - 3M lifted its full-year profit forecast on Tuesday on the back of cost-control measures, price hikes and continuing strength in its safety & industrial business, sending shares of the industrial giant up 6% in premarket trading.
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MSCI shares fall as company raises expense forecast

MSCI shares fall as company raises expense forecast

July 21 (Reuters) - MSCI raised its full-year operating expense forecast on Tuesday, citing acquisition-related costs, higher employee incentives and increased investment spending, sending the index provider's shares down more than 7% despite better-than-expected quarterly results.
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US exchanges to see volume boost, but regulatory stance to take center stage

US exchanges to see volume boost, but regulatory stance to take center stage

By Utkarsh Shetti July 21 (Reuters) - U.S. exchanges will this week start reporting results, which will see a boost from volatility-driven trading volumes, but analysts are likely to weigh that against worries over the regulatory environment and potential higher competition from newer entrants.
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PulteGroup quarterly profit falls as home affordability pressure persists

PulteGroup quarterly profit falls as home affordability pressure persists

July 22 (Reuters) - PulteGroup on Wednesday posted a fall in second-quarter profit as the homebuilder's incentives for buyers facing challenges with high interest rates and rising costs weighed on the company's margins.
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Contract chipmaker TSMC to raise prices by up to 10% in 2027, sources say

Contract chipmaker TSMC to raise prices by up to 10% in 2027, sources say

July 21 (Reuters) - TSMC, the world's largest contract chipmaker, plans to raise chipmaking prices by up to 10% from 2027, two sources familiar with the matter said late on Tuesday.
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TE Connectivity projects upbeat quarterly results amid strong AI tools demand

TE Connectivity projects upbeat quarterly results amid strong AI tools demand

By Anshuman Tripathy July 22 (Reuters) - Electronic equipment maker TE Connectivity on Wednesday forecast fourth-quarter profit and revenue above Wall Street expectations, betting on a boom in demand for its AI-related tools and products.
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Interactive Brokers' quarterly profit leaps on brisk trading

Interactive Brokers' quarterly profit leaps on brisk trading

July 21 (Reuters) - Trading platform Interactive Brokers reported a 35% rise in second-quarter profit on Tuesday, bolstered by elevated trading activity due to a sharp rally in U.S. equity markets during the period. 
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How PayPal went from Wall Street favorite to unwilling merger target

How PayPal went from Wall Street favorite to unwilling merger target

By Hannah Lang, Milana Vinn and Manya Saini July 20 (Reuters) - Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, Apple Pay dominates payment services in the U.S. and PayPal is facing a takeover bid it does not like.
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Permira-backed womenswear retailer Reformation targets $1 billion valuation in US IPO

Permira-backed womenswear retailer Reformation targets $1 billion valuation in US IPO

(Refiles to capitalize subhead) By Pragyan Kalita July 20 (Reuters) - Permira-backed womenswear retailer Reformation is targeting a valuation of up to $1 billion in its U.S. initial public offering, marking a rare public-market foray for a fashion brand in recent years.