Why Is Diagnostic Firm Hologic Stock Trading Higher On Tuesday?
Private equity firms TPG and Blackstone (NYSE:BX) recently bid to acquire Hologic Inc. (NASDAQ:HOLX), valuing the U.S. medical technology company at over $16 billion. Hologic is an American medical technology company primarily focused on women’s health. It sells medical devices for diagnostics, surgery, and imaging. While Hologic rejected the initial nonbinding offer, citing sources, the […]
DR Congo To Finalize Minerals Deal With Washington in June
The Democratic Republic of Congo (DRC) is preparing to finalize a minerals deal with the United States by the end of June. The initiative could combine a U.S.-backed peace agreement with Rwanda with expanded access for American companies to Congo’s vast deposits of lithium, cobalt, and coltan—materials crucial to global technology and energy sectors. According […]
Dundee Precious Metals Eyes Adriatic Metals For $935 Million, No Formal Offer Yet
Canadian miner Dundee Precious Metals (OTCPK: DPMLF) confirmed that it is in discussions to acquire UK-based Adriatic Metals (OTC:ADMFL), following market rumors. Dundee confirmed the speculations, although noting that “there can be no certainty that any offer will be made, nor as to the terms on which any offer might be made.” Per Sky News, […]
Wolfspeed Stock Plunges 59% On Bankruptcy Fears: Options Traders Cash In
Wolfspeed, Inc. (NYSE:WOLF) shares plunged on Wednesday following a report that the company is preparing to file for Chapter 11 bankruptcy protection as it struggles with a mountain of debt. Unusual options activity was spotted Tuesday afternoon before the report was released. What To Know: A Wall Street Journal report released after the closing bell […]
Barrick’s Canadian Exit Opens The Doors For US Redomiciliation
Barrick Gold Corp. (NYSE:GOLD), the world’s second-largest gold miner, is preparing to exit Canada completely by selling its final domestic asset—the Hemlo gold mine in Ontario. Surging gold prices triggered the company’s decision to optimize its portfolio, focusing on higher-margin operations. Located near Marathon, Ontario, Hemlo has been in continuous production for over 30 years, […]
World’s Largest Miner BHP Quietly Prepares For CEO Succession
The world’s largest miner, BHP Group (NYSE:BHP), is reportedly preparing for a leadership transition as CEO Mike Henry’s tenure approaches its expected conclusion. While no formal announcement has been made, company insiders suggested the board could initiate the succession process soon, with a potential handover in early 2026. According to information the company’s insiders shared […]
$5 Billion Bid From US Investor For ERG Opens Speculations For Kazakhstan’s Rare Earth Riches
American Businessman James Cameron has reportedly offered $5 billion to acquire Eurasian Resources Group (ERG), the world’s largest producer of high-carbon ferrochrome by chrome content. ERG has been headquartered in Luxembourg since its $4.5 billion privatization in 2013, and Kazakhstan’s government has a 40% stake in its global operations, which span 16 countries and four […]
Blackwater Founder Reaches a Security Deal With DR Congo
Erik Prince, a businessman and longtime supporter of President Donald Trump, has reportedly agreed to help the Democratic Republic of Congo (DRC) secure and tax its vast mineral wealth. According to Reuters, he reached the agreement before the M23 rebel group launched a major offensive in January 2025 that saw them seize key cities in […]
FDA Delays Full Approval Decision On Novavax’s COVID-19 Vaccine
In September 2024, the U.S. Food And Drug Administration (FDA) granted Emergency Use Authorization to Novavax Inc.’s (NASDAQ:NVAX) COVID-19 Vaccine, Adjuvanted (2024-2025 Formula) (NVX-CoV2705) for active immunization to prevent COVID-19 in individuals aged 12 and older. Novavax’s vaccine was included in the recommendations issued by the U.S. Centers for Disease Control and Prevention (CDC) on June 27, 2024. Also […]
KKR Mulls To Buy Japan-Based Eye Care Company Topcon
KKR & Co Inc (NYSE:KKR) is close to acquiring Tokyo-based eye care company Topcon Corp (OTC:TOPCF) (OTC:TOPCY). According to Reuters, the private equity firm expects to sign the deal in the coming days. The price has not been disclosed yet. The Japan-based manufacturer of optical equipment for ophthalmology and surveying has an enterprise value of around […]