13 mins. ago
Grant Thornton Advisors announced Wednesday it has entered into a definitive agreement to acquire CBIZ, Inc. (NYSE: CBZ) in an all-cash deal with an enterprise value of $5 billion.
Under the terms of the agreement, each CBIZ shareholder stands to collect $55 per share — a figure the company said reflects roughly a 54% premium over CBIZ's 30-day volume-weighted average share price. Reuters added that the offer price also represents a 17.8% premium over CBIZ's most recent closing price.
Upon closing, Grant Thornton in the U.S. is expected to become the fifth-largest provider of professional services, tax and advisory services, with more than $5 billion in annual domestic revenue, the company said. The transaction represents the largest of its kind in more than 25 years. Together, the two firms would operate across more than 20 countries and territories, bring in close to $7.5 billion in annual revenue, and have a workforce of more than 34,500 professionals.
Reuters noted that Deloitte, EY, KPMG and PwC — collectively known as the Big Four — hold dominant positions in the U.S. accounting market.
New Mountain Capital, which led a May 2024 investment in Grant Thornton Advisors, will make an additional equity investment to support the transaction. After the deal closes, Grant Thornton Advisors plans to separate CBIZ's benefits and insurance services segment into a new stand-alone entity backed by New Mountain Capital.
#grant #advisors #reuters
Under the terms of the agreement, each CBIZ shareholder stands to collect $55 per share — a figure the company said reflects roughly a 54% premium over CBIZ's 30-day volume-weighted average share price. Reuters added that the offer price also represents a 17.8% premium over CBIZ's most recent closing price.
Upon closing, Grant Thornton in the U.S. is expected to become the fifth-largest provider of professional services, tax and advisory services, with more than $5 billion in annual domestic revenue, the company said. The transaction represents the largest of its kind in more than 25 years. Together, the two firms would operate across more than 20 countries and territories, bring in close to $7.5 billion in annual revenue, and have a workforce of more than 34,500 professionals.
Reuters noted that Deloitte, EY, KPMG and PwC — collectively known as the Big Four — hold dominant positions in the U.S. accounting market.
New Mountain Capital, which led a May 2024 investment in Grant Thornton Advisors, will make an additional equity investment to support the transaction. After the deal closes, Grant Thornton Advisors plans to separate CBIZ's benefits and insurance services segment into a new stand-alone entity backed by New Mountain Capital.
#grant #advisors #reuters
44 mins. ago
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Los Angeles-based Banc of California reported an unexpected $251.3 million loss Wednesday among its second-quarter results.
The loss comes at the confluence of three moves the bank defended as better for its long-term health.
The bank initiated the sale of $827 million in commercial real estate and multifamily construction loans. That maneuver was meant to "reduce selected credit exposures and lower the potential for future credit-related earnings volatility," Banc of California said. Transactions of loans transferred to held-for-sale during the second quarter should close in the third, the bank said. Buyers were not disclosed.
Banc of California also retired $385 million in subordinated debt ahead of "a significantly higher interest rate reset," the lender disclosed Wednesday.
#banc #california #loss #second
Los Angeles-based Banc of California reported an unexpected $251.3 million loss Wednesday among its second-quarter results.
The loss comes at the confluence of three moves the bank defended as better for its long-term health.
The bank initiated the sale of $827 million in commercial real estate and multifamily construction loans. That maneuver was meant to "reduce selected credit exposures and lower the potential for future credit-related earnings volatility," Banc of California said. Transactions of loans transferred to held-for-sale during the second quarter should close in the third, the bank said. Buyers were not disclosed.
Banc of California also retired $385 million in subordinated debt ahead of "a significantly higher interest rate reset," the lender disclosed Wednesday.
#banc #california #loss #second
47 mins. ago
Visa (NYSE:V) reported stronger-than-expected fiscal third-quarter results on Tuesday, with double-digit revenue growth supported by resilient consumer spending and continued strength in cross-border payment activity.
The global payments company posted adjusted earnings of $3.32 per share, exceeding **** ysts' consensus estimate of $3.22. Revenue increased to $11.6 billion, ahead of the expected $11.38 billion.
The results highlighted continued momentum in both consumer and commercial spending, with higher payment volumes, increased cross-border transactions and growth in processed payments helping Visa outperform Wall Street forecasts.
Despite the earnings beat, Visa shares traded modestly lower in pre-market trading on Wednesday as investors **** sed the company's announcement that it plans to reduce its workforce by approximately 2,600 employees, representing around 7% of its global staff.
The job reductions are expected to be concentrated within the company's technology and product teams.
#expected #revenue #Growth
The global payments company posted adjusted earnings of $3.32 per share, exceeding **** ysts' consensus estimate of $3.22. Revenue increased to $11.6 billion, ahead of the expected $11.38 billion.
The results highlighted continued momentum in both consumer and commercial spending, with higher payment volumes, increased cross-border transactions and growth in processed payments helping Visa outperform Wall Street forecasts.
Despite the earnings beat, Visa shares traded modestly lower in pre-market trading on Wednesday as investors **** sed the company's announcement that it plans to reduce its workforce by approximately 2,600 employees, representing around 7% of its global staff.
The job reductions are expected to be concentrated within the company's technology and product teams.
#expected #revenue #Growth
3 hours ago
The Green Bay Packers hosted workouts for 10 players on Thursday, per the NFL's transaction wire, and at least one is reportedly signing with the team.
As Matt LaFleur promised, the Packers held workouts for several long snappers. Matt Orzech is dealing with a calf injury, leaving the Packers with a need for a long snapper during the early portion of training camp. The team also worked out three tight ends, another position lacking depth to start camp. It's possible a flurry of roster moves could be arriving as soon as Friday, a common occurrence for teams as injuries mount at positions during training camp.
The list of players to work out for the Packers on Thursday:
LS Cal Adomitis (Pittsburgh)
WR Elijhah Badger (Florida)
#matt
As Matt LaFleur promised, the Packers held workouts for several long snappers. Matt Orzech is dealing with a calf injury, leaving the Packers with a need for a long snapper during the early portion of training camp. The team also worked out three tight ends, another position lacking depth to start camp. It's possible a flurry of roster moves could be arriving as soon as Friday, a common occurrence for teams as injuries mount at positions during training camp.
The list of players to work out for the Packers on Thursday:
LS Cal Adomitis (Pittsburgh)
WR Elijhah Badger (Florida)
#matt
7 hours ago
J. Stern & Co. has agreed to combine its Swiss operations with Geneva-based **** et manager bvo capital.
After completion, J. Stern & Co. will manage more than $2.8bn in **** ets. That total includes more than $2.3bn in its flagship World Stars Global Equity strategy.
The value of the deal has not been disclosed. The transaction remains subject to approval from Swiss regulator FINMA.
"The agreement brings together two firms with highly aligned investment cultures, complementary client bases, and a shared commitment to long-term investing, based on proprietary research in high quality global businesses," J. Stern & Co said in a statement.
Christopher Rossbach and Katerina Kosmopoulou will remain in charge of the World Stars Global Equity strategy.
#swiss #Equity
After completion, J. Stern & Co. will manage more than $2.8bn in **** ets. That total includes more than $2.3bn in its flagship World Stars Global Equity strategy.
The value of the deal has not been disclosed. The transaction remains subject to approval from Swiss regulator FINMA.
"The agreement brings together two firms with highly aligned investment cultures, complementary client bases, and a shared commitment to long-term investing, based on proprietary research in high quality global businesses," J. Stern & Co said in a statement.
Christopher Rossbach and Katerina Kosmopoulou will remain in charge of the World Stars Global Equity strategy.
#swiss #Equity
13 hours ago
Artem Dovbyk is officially a new Bologna player.
The capital club communicated the Ukrainian striker's departure via their official website.
"AS Roma announces that it has reached an agreement with Bologna FC for the transfer of Artem Dovbyk .
The transaction ends with the loan formula: the deal includes an option to make the transfer permanent.
In Giallorossi, Dovbyk made 63 appearances in two seasons, scoring 20 goals.
#bologna
The capital club communicated the Ukrainian striker's departure via their official website.
"AS Roma announces that it has reached an agreement with Bologna FC for the transfer of Artem Dovbyk .
The transaction ends with the loan formula: the deal includes an option to make the transfer permanent.
In Giallorossi, Dovbyk made 63 appearances in two seasons, scoring 20 goals.
#bologna
15 hours ago
MIAMI — The most recent entry for the Miami Heat on the NBA's official transaction page was on July 16, with the listing, "Miami Heat re-signed center Vladislav Goldin to a Two-Way Contract."
But that doesn't mean the Heat are done, even as we're about to hit the one-month mark of the NBA's 2026-27 transaction calendar.
Because there still is money to be spent.
Roster spots to be filled.
Needs to be addressed.
#july #contract #needs #recent
But that doesn't mean the Heat are done, even as we're about to hit the one-month mark of the NBA's 2026-27 transaction calendar.
Because there still is money to be spent.
Roster spots to be filled.
Needs to be addressed.
#july #contract #needs #recent
16 hours ago
It's trade deadline season, and though this has been a tame deadline period so far, the continuous swirl of rumors and (eventually) actual transactions will be the focus of much of the baseball world in the coming days. Yesterday, we discussed which players the Yankees were most likely to move, and today, we ask: what weakness do the Yankees most need to address, and which one are they most likely to address?
The answer to this question has been fluid throughout the year. Early on, it seemed obvious to most that the Yankees would need to make big additions to their bullpen, yet here we are at the end of July, and the Yankee relief corps has the second-best ERA in the majors. Paul Blackburn has proven to be the second coming of Luke Weaver, Brent Headrick almost never allows runs, David Bednar has been the top-tier closer the team envisioned, and Matt Blake's latest reclamation project, Angel Chivilli, has looked dynamite since his most recent call-up. Add in the fact that players like Will Warren and Ryan Weathers (and perhaps Carlos Lagrange?) could get shifted to the bullpen if they're not traded, and the unit looks like an area of strength, not weakness.
At other times, the matter of the infield appeared to be most pressing. Ryan McMahon and Jazz Chisholm Jr. each got off to nightmarish starts, and the shortstop duo of Anthony Volpe and José Caballero has had its ups and downs. But even on the dirt, things don't look nearly as shaky as they did two or three months ago. Since seeing his OPS bottom out at .498 on April 22nd, Chisholm has played exactly as expected, with a .239/.309/.463 slash line and 16 homers plus 21 steals. McMahon has run a roughly .750 OPS over the last two months while bringing his usual quality defense at third base. And despite his penchant for high-profile miscues, Volpe's combination of high-OBP and good range at short has made him a valuable contributor.
Then, there's the most obvious need now, at catcher, with Yankee backstops having combined to "hit" .181/.261/.284. But even adding a catcher comes with major complications, as most teams are loath to make significant changes to their caching room midseason. For as awful as Austin Wells and Co. have been with the bat this year, a catcher's primary job is to catch, to field his position, to manage his pitching staff. The Yankee backstops have done that portion of their job with aplomb this year (it's probably not a coincidence that the Yankees prioritize defense at catcher and have the best team ERA in baseball), and it's not trivial to just add a plus bat to that room without shaking things up on the run-prevention front.
Add it all up, and it leaves the Yankee roster in a weird spot heading into a crucial deadline. The roster has been slammed by injuries and has some seemingly clear places to upgrade, but actually making those upgrades is less straightforward than it might appear. What do you think? Where are the Yankees most likely to make moves in the next four
The answer to this question has been fluid throughout the year. Early on, it seemed obvious to most that the Yankees would need to make big additions to their bullpen, yet here we are at the end of July, and the Yankee relief corps has the second-best ERA in the majors. Paul Blackburn has proven to be the second coming of Luke Weaver, Brent Headrick almost never allows runs, David Bednar has been the top-tier closer the team envisioned, and Matt Blake's latest reclamation project, Angel Chivilli, has looked dynamite since his most recent call-up. Add in the fact that players like Will Warren and Ryan Weathers (and perhaps Carlos Lagrange?) could get shifted to the bullpen if they're not traded, and the unit looks like an area of strength, not weakness.
At other times, the matter of the infield appeared to be most pressing. Ryan McMahon and Jazz Chisholm Jr. each got off to nightmarish starts, and the shortstop duo of Anthony Volpe and José Caballero has had its ups and downs. But even on the dirt, things don't look nearly as shaky as they did two or three months ago. Since seeing his OPS bottom out at .498 on April 22nd, Chisholm has played exactly as expected, with a .239/.309/.463 slash line and 16 homers plus 21 steals. McMahon has run a roughly .750 OPS over the last two months while bringing his usual quality defense at third base. And despite his penchant for high-profile miscues, Volpe's combination of high-OBP and good range at short has made him a valuable contributor.
Then, there's the most obvious need now, at catcher, with Yankee backstops having combined to "hit" .181/.261/.284. But even adding a catcher comes with major complications, as most teams are loath to make significant changes to their caching room midseason. For as awful as Austin Wells and Co. have been with the bat this year, a catcher's primary job is to catch, to field his position, to manage his pitching staff. The Yankee backstops have done that portion of their job with aplomb this year (it's probably not a coincidence that the Yankees prioritize defense at catcher and have the best team ERA in baseball), and it's not trivial to just add a plus bat to that room without shaking things up on the run-prevention front.
Add it all up, and it leaves the Yankee roster in a weird spot heading into a crucial deadline. The roster has been slammed by injuries and has some seemingly clear places to upgrade, but actually making those upgrades is less straightforward than it might appear. What do you think? Where are the Yankees most likely to make moves in the next four
16 hours ago
A new chapter in the Alessio Romagnoli saga has begun, as Al-Sadd and Lazio resume their negotiations in the hopes of resurrecting the deal.
The seven-month soap opera has already witnessed a plethora of twists and turns. At the start of the summer, the two clubs had an agreement on a €3 million transfer, while the defender was prepared to sign a three-year contract with a €6 million salary. But in recent days, it was reported that the operation collapsed due to the situation in the Middle East.
With the state of Qatar imposing restrictions on monetary transactions, Al-Sadd requested that the payment be delayed until January. However, the cash-strapped Lazio refused, instead reinstating the player into Gennaro Gattuso's squad.
According to Il Corriere dello Sport, Romagnoli's transfer to Al-Sadd hasn't been entirely ruled out, as the Qatari champions are still seeking a solution. As the Roman newspaper explains, the club launched a new attempt this week, reopening talks with Lazio.
Al Sadd have reportedly made a new payment proposal on Tuesday, with the Aquile sending a counter-offer on Wednesday. Therefore, it remains to be seen whether the two parties can reach a compromise that would put an end to this exhausting transfer saga.
#million #romagnoli
The seven-month soap opera has already witnessed a plethora of twists and turns. At the start of the summer, the two clubs had an agreement on a €3 million transfer, while the defender was prepared to sign a three-year contract with a €6 million salary. But in recent days, it was reported that the operation collapsed due to the situation in the Middle East.
With the state of Qatar imposing restrictions on monetary transactions, Al-Sadd requested that the payment be delayed until January. However, the cash-strapped Lazio refused, instead reinstating the player into Gennaro Gattuso's squad.
According to Il Corriere dello Sport, Romagnoli's transfer to Al-Sadd hasn't been entirely ruled out, as the Qatari champions are still seeking a solution. As the Roman newspaper explains, the club launched a new attempt this week, reopening talks with Lazio.
Al Sadd have reportedly made a new payment proposal on Tuesday, with the Aquile sending a counter-offer on Wednesday. Therefore, it remains to be seen whether the two parties can reach a compromise that would put an end to this exhausting transfer saga.
#million #romagnoli
17 hours ago
Visa reported fiscal third-quarter results on Tuesday, showing net revenue of $11.6 billion, a 14% increase over the prior year, driven by growth in payments volume, cross-border volume, and processed transactions.
GAAP net income for the quarter ended June 30 was $5.6 billion, or $2.97 per share, up 7% and 10%, respectively, from the prior year. Excluding special items, non-GAAP net income was $6.3 billion, or $3.32 per share, increases of 8% and 11% over the prior year.
Payments volume grew 10% on a constant-dollar basis for the three months ended June 30. Total processed transactions reached 71.7 billion, a 10% increase over the prior year. Cross-border volume excluding transactions within Europe rose 12% on a constant-dollar basis, while total cross-border volume increased 13%.
Data processing revenue rose 17% over the prior year to $6.0 billion, while service revenue grew 14% to $4.9 billion. International transaction revenue grew 6% to $3.9 billion, and other revenue rose 45% to $1.5 billion. Client incentives were $4.7 billion, up 18% over the prior year.
GAAP operating expenses were $4.8 billion for the quarter, a 19% increase over the prior year, driven by higher personnel costs. Current-quarter results included $563 million in severance costs and a $237 million litigation provision tied to the interchange multidistrict litigation case, among other special items.
#prior
GAAP net income for the quarter ended June 30 was $5.6 billion, or $2.97 per share, up 7% and 10%, respectively, from the prior year. Excluding special items, non-GAAP net income was $6.3 billion, or $3.32 per share, increases of 8% and 11% over the prior year.
Payments volume grew 10% on a constant-dollar basis for the three months ended June 30. Total processed transactions reached 71.7 billion, a 10% increase over the prior year. Cross-border volume excluding transactions within Europe rose 12% on a constant-dollar basis, while total cross-border volume increased 13%.
Data processing revenue rose 17% over the prior year to $6.0 billion, while service revenue grew 14% to $4.9 billion. International transaction revenue grew 6% to $3.9 billion, and other revenue rose 45% to $1.5 billion. Client incentives were $4.7 billion, up 18% over the prior year.
GAAP operating expenses were $4.8 billion for the quarter, a 19% increase over the prior year, driven by higher personnel costs. Current-quarter results included $563 million in severance costs and a $237 million litigation provision tied to the interchange multidistrict litigation case, among other special items.
#prior
21 hours ago
The recent entry of Elon Musk's ***** eX (SPCX) into public markets has garnered investment interest on Capitol Hill, with half a dozen lawmakers taking stakes in the company, according to recently disclosed transactions.
The first apparent purchase was made by Rep. Lisa McClain, a Republican and member of House Speaker Mike Johnson's leadership team. Her husband purchased between $100,000 and $250,000 in Musk's xAI in December 2025, before it was folded into ***** eX in February, giving the lawmaker and her family early exposure to the public debut on June 12.
SpaceX's initial public offering then saw five more lawmakers make purchases, according to the disclosures.
Rep. John James, a Michigan Republican, was first in, as his wife Liz bought between $15,000 and $50,000 worth of stock on the day of the IPO.
A spokesperson for the congressman told Yahoo Finance that "the James children are excited about ***** e exploration and Liz purchased stock for them through a brokerage firm, like other members of the public were welcome to do."
#lawmakers #Stock #elon
The first apparent purchase was made by Rep. Lisa McClain, a Republican and member of House Speaker Mike Johnson's leadership team. Her husband purchased between $100,000 and $250,000 in Musk's xAI in December 2025, before it was folded into ***** eX in February, giving the lawmaker and her family early exposure to the public debut on June 12.
SpaceX's initial public offering then saw five more lawmakers make purchases, according to the disclosures.
Rep. John James, a Michigan Republican, was first in, as his wife Liz bought between $15,000 and $50,000 worth of stock on the day of the IPO.
A spokesperson for the congressman told Yahoo Finance that "the James children are excited about ***** e exploration and Liz purchased stock for them through a brokerage firm, like other members of the public were welcome to do."
#lawmakers #Stock #elon
1 day ago
Golf architect Kyle Phillips has broken ground on the course at the private Pandion Club in Estero, Florida. The new layout, intended to invoke the heathland courses of England with Lowcountry influences, is being built on the site of the former Old Corkscrew Golf Club that was closed earlier this year.
Phillips plans a par-71 course for Pandion Club, stretching to 7,220 with firm and fast playing conditions and a premium on strategic shotmaking. The new layout is scheduled to open in 2027 with membership capped at 280. The golf-only club will include a Lowcountry-inspired clubhouse and expansive practice facilities. The name Pandion is inspired by Pandion haliaetus, aka osprey.
The layout features sandy terrain that should promote Phillips' goals. Having built the top-ranked Kingsbarns Golf Links and Dundonald Links in Scotland and having studied courses around the world, Phillips said that heathland courses are situated on inland dunes, "like the ones we have in Florida."
Old Corkscrew and additional surrounding land was purchased in 2022 by The Hoffmann Family of Companies for $14.5 million, according to property records reported by the Naples Daily News. The Hoffmans purchased the Cottages at Old Corkscrew Golf Club for $4.5 million in a separate transaction. The Hoffmanns also own Old Collier Golf Club in Naples, as well as the Pittsburgh Penguins and Florida Everblades.
"Everything we do at Hoffmann Family of Companies, we want to provide a unique, best-in-class experience for our guests, and Pandion is going to be no exception" Geoff Hoffmann, CEO of HF Companies' private equity arm, said in a media release announcing the start of construction. "From the moment that you drive through our gates, you will know that you have arrived somewhere special. You are going to feel like you are in nature, and this is an escape. We knew that his experience presented an opportunity to preserve the natural landscape that was embedded on the site, and that's something we are going to build around."
#pandion #corkscrew #layout #courses
Phillips plans a par-71 course for Pandion Club, stretching to 7,220 with firm and fast playing conditions and a premium on strategic shotmaking. The new layout is scheduled to open in 2027 with membership capped at 280. The golf-only club will include a Lowcountry-inspired clubhouse and expansive practice facilities. The name Pandion is inspired by Pandion haliaetus, aka osprey.
The layout features sandy terrain that should promote Phillips' goals. Having built the top-ranked Kingsbarns Golf Links and Dundonald Links in Scotland and having studied courses around the world, Phillips said that heathland courses are situated on inland dunes, "like the ones we have in Florida."
Old Corkscrew and additional surrounding land was purchased in 2022 by The Hoffmann Family of Companies for $14.5 million, according to property records reported by the Naples Daily News. The Hoffmans purchased the Cottages at Old Corkscrew Golf Club for $4.5 million in a separate transaction. The Hoffmanns also own Old Collier Golf Club in Naples, as well as the Pittsburgh Penguins and Florida Everblades.
"Everything we do at Hoffmann Family of Companies, we want to provide a unique, best-in-class experience for our guests, and Pandion is going to be no exception" Geoff Hoffmann, CEO of HF Companies' private equity arm, said in a media release announcing the start of construction. "From the moment that you drive through our gates, you will know that you have arrived somewhere special. You are going to feel like you are in nature, and this is an escape. We knew that his experience presented an opportunity to preserve the natural landscape that was embedded on the site, and that's something we are going to build around."
#pandion #corkscrew #layout #courses
2 days ago
The Chargers signed long snapper Peter Bowden on Tuesday.
we’ve signed LS peter bowden + released G ben cleveland
The signing comes after the team announced that they released veteran offensive guard Ben Cleveland.
The NFL's transaction report showed that the Chargers released Cleveland on Monday; however, they shared the news via X for the first time on Tuesday.
Bowden, 25, will enter his second stint with the Chargers. He finished the 2025 season with the Chargers before being waived in mid-May of this year.
#released
we’ve signed LS peter bowden + released G ben cleveland
The signing comes after the team announced that they released veteran offensive guard Ben Cleveland.
The NFL's transaction report showed that the Chargers released Cleveland on Monday; however, they shared the news via X for the first time on Tuesday.
Bowden, 25, will enter his second stint with the Chargers. He finished the 2025 season with the Chargers before being waived in mid-May of this year.
#released
2 days ago
SURPRISE, ARIZONA - MARCH 11: Osleivis Basabe #39 of the San Francisco Giants hits a single against the Kansas City Royals during the third inning of the spring training game at Surprise Stadium on March 11, 2026 in Surprise, Arizona. (Photo by Christian Petersen/Getty Images) Getty
SAN FRANCISCO, CALIFORNIA - JULY 24: Casey Schmitt #10 of the San Francisco Giants hits a three-run home run in the bottom of the third inning against the Los Angeles Angels at Oracle Park on July 24, 2026 in San Francisco, California. (Photo by Lachlan Cunningham/Getty Images) Getty
The San Francisco Giants are currently taking on the Milwaukee Brewers (at home). SF won 3-0 over the Brewers on Monday to improve to 45-61.
It hasn't been the season anyone in the Giants organization has hoped for, but over the last two months, it's a good chance to see what the future holds and what young players can bring to the table. Basically, what I mean is roster transactions don't stop, and during the Brewers series, the Giants are promoting a 25-year-old infielder in the latest transaction.
More MLB on Heavy: Los Angeles Dodgers Demote 24-Year-Old Player to Pave Way for Kike Hernandez During Mariners Series
#surprise
SAN FRANCISCO, CALIFORNIA - JULY 24: Casey Schmitt #10 of the San Francisco Giants hits a three-run home run in the bottom of the third inning against the Los Angeles Angels at Oracle Park on July 24, 2026 in San Francisco, California. (Photo by Lachlan Cunningham/Getty Images) Getty
The San Francisco Giants are currently taking on the Milwaukee Brewers (at home). SF won 3-0 over the Brewers on Monday to improve to 45-61.
It hasn't been the season anyone in the Giants organization has hoped for, but over the last two months, it's a good chance to see what the future holds and what young players can bring to the table. Basically, what I mean is roster transactions don't stop, and during the Brewers series, the Giants are promoting a 25-year-old infielder in the latest transaction.
More MLB on Heavy: Los Angeles Dodgers Demote 24-Year-Old Player to Pave Way for Kike Hernandez During Mariners Series
#surprise
2 days ago
July 27, 2026, 12:07 pm EDT
Arax Advisory Partners is continuing its
acquisition streak
. Last week, the New York-based company said it agreed to buy Transcend Capital Advisors, a registered investment advisor with more than $3 billion in **** ets under management as of June 30. The deal is expected to close in the third quarter. Transcend will be the seventh firm to join Arax in 2026, which didn’t disclose terms of the transaction.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Welcome to Barron's Advisor! Our articles are free to Barron's subscribers and wealth management professionals. To subscribe to Barron's, click here. If you're a wealth management professional and would like access to the Barron's Advisor experience, please provide the information below.
If you're not a wealth management professional, you can find other great financial content at barrons.com. If you have any questions, please contact us at advisor.editorsbarrons.com.
#wealth
Arax Advisory Partners is continuing its
acquisition streak
. Last week, the New York-based company said it agreed to buy Transcend Capital Advisors, a registered investment advisor with more than $3 billion in **** ets under management as of June 30. The deal is expected to close in the third quarter. Transcend will be the seventh firm to join Arax in 2026, which didn’t disclose terms of the transaction.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Welcome to Barron's Advisor! Our articles are free to Barron's subscribers and wealth management professionals. To subscribe to Barron's, click here. If you're a wealth management professional and would like access to the Barron's Advisor experience, please provide the information below.
If you're not a wealth management professional, you can find other great financial content at barrons.com. If you have any questions, please contact us at advisor.editorsbarrons.com.
#wealth
2 days ago
Circle—the company behind USDC (the digital dollar used by millions worldwide for payments, savings, and international transfers)—just bought the blockchain patent library IBM spent more than a decade building. The deal, announced July 27, hands Circle over 1,000 blockchain patents issued by IBM worldwide.
Patents are legal rights that give the holder exclusive control over a specific invention. If you hold a patent on a method for processing transactions on a blockchain—the shared digital ledger where crypto activity is permanently recorded and can't be altered—you get to decide who else uses it and on what terms. IBM had been building that kind of leverage since its mid-2010s enterprise blockchain push.
By December 2025, patent ******* ytics firm PatSnap credited IBM with 790 U.S. blockchain patents—more than any other American company, with Bank of America a distant second at roughly 200. Circle, which received its first-ever patent in December 2023 (covering parallel blockchain data processing—a technique for verifying multiple groups of transactions simultaneously), went from essentially zero to the top of the U.S. rankings overnight.
"The portfolio comprises over 680 patent families and nearly 1,000 issued patents worldwide, spanning foundational blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations," Circle said in its official announcement.
Circle plans to put them to work across its entire stack. "The expanded IP position directly supports Circle's foundation for building the internet financial system, including USDC, Circle Payments Network, Arc, and a growing suite of onchain products and agentic financial tools," the company added. Arc is Circle's own payment-focused blockchain built for institutional finance. The agentic tools are AI-powered software programs that can execute financial transactions autonomously—no human required for each step.
#building
Patents are legal rights that give the holder exclusive control over a specific invention. If you hold a patent on a method for processing transactions on a blockchain—the shared digital ledger where crypto activity is permanently recorded and can't be altered—you get to decide who else uses it and on what terms. IBM had been building that kind of leverage since its mid-2010s enterprise blockchain push.
By December 2025, patent ******* ytics firm PatSnap credited IBM with 790 U.S. blockchain patents—more than any other American company, with Bank of America a distant second at roughly 200. Circle, which received its first-ever patent in December 2023 (covering parallel blockchain data processing—a technique for verifying multiple groups of transactions simultaneously), went from essentially zero to the top of the U.S. rankings overnight.
"The portfolio comprises over 680 patent families and nearly 1,000 issued patents worldwide, spanning foundational blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations," Circle said in its official announcement.
Circle plans to put them to work across its entire stack. "The expanded IP position directly supports Circle's foundation for building the internet financial system, including USDC, Circle Payments Network, Arc, and a growing suite of onchain products and agentic financial tools," the company added. Arc is Circle's own payment-focused blockchain built for institutional finance. The agentic tools are AI-powered software programs that can execute financial transactions autonomously—no human required for each step.
#building
2 days ago
ACCIONA Energía has finalised the sale of a 361MW portfolio of operational wind farms in Spain to Galp New Energies in a deal valued at €432m ($491.2m).
The transaction, which covered ***** ets with no financial debt, was signed and closed simultaneously, with all proceeds received at closing.
The portfolio comprises 15 wind farms in the provinces of Ciudad Real, Guadalajara, Navarra, Palencia, Seville and Zaragoza.
The wind ***** ets have an average operating age of 21 years, with an average commercial operation date of 2005.
They are expected to generate around 800GW-hours of electricity annually and currently operate on a merchant basis.
#energ
The transaction, which covered ***** ets with no financial debt, was signed and closed simultaneously, with all proceeds received at closing.
The portfolio comprises 15 wind farms in the provinces of Ciudad Real, Guadalajara, Navarra, Palencia, Seville and Zaragoza.
The wind ***** ets have an average operating age of 21 years, with an average commercial operation date of 2005.
They are expected to generate around 800GW-hours of electricity annually and currently operate on a merchant basis.
#energ
2 days ago
The Detroit Lions open their 2026 training camp on Wednesday, and on Tuesday, their veterans reported to the team's Allen Park training facility. As players rejoin the team, it's common for the team to make a few last-minute transactions in preparation for camp. Earlier in the week, we saw the Lions place three players on the Physically Unable to Perform (PUP) list, and on Tuesday, they placed Christian Mahogany on the Non-Football Injury (NFI) list, Christian Izien on the Non-Football Illness (NFI) list, and released veteran nose tackle Jay Tufele.
If you're not familiar with the difference between the lists, which list a player lands on is based on where they were injured and the type of injury. If a player was hurt while participating in an activity directly related to the NFL (games, practices, workouts, etc.), they land on the PUP list. If a player was injured in a non-NFL activity (which can include private workouts or in their personal life), they land on the NFI (injury) list. If a player is dealing with an illness (which can range from having the flu or Mononucleosis—like Mahogany had as a rookie—or even more serious illnesses), they land in the NFI (illness) category.
These lists also have some similarities as well. Like with the PUP list, placing a player on either NFI list at this stage does not require them to miss any games. They are restricted from practicing while on the injury lists, but players are also eligible to be removed from any of these lists at any time if a team believes a player is healthy enough to begin practicing. However, if a player remains on any of the lists through roster cutdowns, they will be forced to miss the first four games of the regular season.
Mahogany returns to Detroit this season expecting to work to retain his starting left guard job, so any absence will certainly hinder his ability to compete for that role. While he is out, look for either veteran Ben Bartch, second-year lineman Miles Frazier, or recently traded-for Juice Scruggs to try to seize the opportunity in front of them.
Izien joined the Lions this offseason and was working with the starting safeties in the spring as he was trying to acclimate to the Lions' scheme quickly, as he was also expected to compete for a starting role with Brian Branch and Kerby Joseph on the PUP list. While Izien misses time, Thomas Harper and Avonte Maddox, along with veteran Chuck Clark, should have great opportunities to get into the starting rotation at practice.
#lists #players
If you're not familiar with the difference between the lists, which list a player lands on is based on where they were injured and the type of injury. If a player was hurt while participating in an activity directly related to the NFL (games, practices, workouts, etc.), they land on the PUP list. If a player was injured in a non-NFL activity (which can include private workouts or in their personal life), they land on the NFI (injury) list. If a player is dealing with an illness (which can range from having the flu or Mononucleosis—like Mahogany had as a rookie—or even more serious illnesses), they land in the NFI (illness) category.
These lists also have some similarities as well. Like with the PUP list, placing a player on either NFI list at this stage does not require them to miss any games. They are restricted from practicing while on the injury lists, but players are also eligible to be removed from any of these lists at any time if a team believes a player is healthy enough to begin practicing. However, if a player remains on any of the lists through roster cutdowns, they will be forced to miss the first four games of the regular season.
Mahogany returns to Detroit this season expecting to work to retain his starting left guard job, so any absence will certainly hinder his ability to compete for that role. While he is out, look for either veteran Ben Bartch, second-year lineman Miles Frazier, or recently traded-for Juice Scruggs to try to seize the opportunity in front of them.
Izien joined the Lions this offseason and was working with the starting safeties in the spring as he was trying to acclimate to the Lions' scheme quickly, as he was also expected to compete for a starting role with Brian Branch and Kerby Joseph on the PUP list. While Izien misses time, Thomas Harper and Avonte Maddox, along with veteran Chuck Clark, should have great opportunities to get into the starting rotation at practice.
#lists #players
2 days ago
NFL rosters constantly evolve as general managers juggle injuries, try to improve position groups and add depth.
Teams enter training camp with a maximum of 90 players, who try to prove they belong on the 53-man active roster for the regular season.
But there are other roster designations that fill the NFL's transactions wire daily. What do they all mean?
Players are put on the reserve/injured list — commonly referred to as IR — when they have a football-related injury and need to miss at least a few weeks. Players on IR don't count against the active roster, but their salaries count against the cap.
If a player is placed on this list before the regular season begins, he could miss the entire season unless they are designated to return during the roster cutdown to 53 players after training camp. Teams can designate up to two such players to return.
#teams #miss
Teams enter training camp with a maximum of 90 players, who try to prove they belong on the 53-man active roster for the regular season.
But there are other roster designations that fill the NFL's transactions wire daily. What do they all mean?
Players are put on the reserve/injured list — commonly referred to as IR — when they have a football-related injury and need to miss at least a few weeks. Players on IR don't count against the active roster, but their salaries count against the cap.
If a player is placed on this list before the regular season begins, he could miss the entire season unless they are designated to return during the roster cutdown to 53 players after training camp. Teams can designate up to two such players to return.
#teams #miss
2 days ago
The Packers can't get their kicking situation settled, and Tuesday's transactions showed that the position is still a work in progress.
The Packers drafted Trey Smack out of Florida in the sixth round this spring. They also had Lucas Havrisik on their roster to compete with Smack.
But the team released Havrisik on Tuesday, Tom Silverstein of the Milwaukee Journal Sentinel reports.
The Packers signed Lenny Krieg to replace Havrisik in the competition, Bill Huber of SI.com reports.
Krieg tried out with the team on Monday.
#krieg
The Packers drafted Trey Smack out of Florida in the sixth round this spring. They also had Lucas Havrisik on their roster to compete with Smack.
But the team released Havrisik on Tuesday, Tom Silverstein of the Milwaukee Journal Sentinel reports.
The Packers signed Lenny Krieg to replace Havrisik in the competition, Bill Huber of SI.com reports.
Krieg tried out with the team on Monday.
#krieg
2 days ago
Solana (CRYPTO: SOL) and Hyperliquid (CRYPTO: HYPE) exchange-traded funds (ETFs) are seeing capital inflows right as spot Bitcoin ETFs shed roughly $8.2 billion across an eight-week outflow streak culminating on July 6, and Ethereum funds joined them in the red. Solana ETFs now hold about $904 million in **** ets, and Hyperliquid ETFs have pulled in $350 million since May.
So does that mean investors should be bullish on the coins seeing the inflows?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Solana is down by about 60% over the past year. Fresh capital entering into spot Solana ETFs looks a lot like investors and financial institutions buying the dip in anticipation of the chain's upcoming catalysts.
Specifically, Alpenglow, the overhaul that is set to cut transaction finality times from 12.8 seconds to 150 milliseconds, activates on the mainnet sometime between August and October. Faster settlement is what Solana's institutional customers want and need, so it's likely going to be a significant unlock for even more capital onboarding in the future.
#NVIDIA #down
So does that mean investors should be bullish on the coins seeing the inflows?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Solana is down by about 60% over the past year. Fresh capital entering into spot Solana ETFs looks a lot like investors and financial institutions buying the dip in anticipation of the chain's upcoming catalysts.
Specifically, Alpenglow, the overhaul that is set to cut transaction finality times from 12.8 seconds to 150 milliseconds, activates on the mainnet sometime between August and October. Faster settlement is what Solana's institutional customers want and need, so it's likely going to be a significant unlock for even more capital onboarding in the future.
#NVIDIA #down
2 days ago
Unsurprisingly, the Cleveland Cavaliers need to add another forward to the roster in the wake of LeBron James going to the Philadelphia 76ers. It seems that the signing of Mario Hezonja is not the only transaction the Cavaliers are pursuing.
In a segment on NBA Today, ESPN's Shams Charania noted that "DeMar DeRozan has interest from Cleveland". Charania also mentioned that "Miami, Denver and Cleveland are among the teams interested in DeMar DeRozan".
The Sacramento Kings bought out DeRozan earlier this month. DeRozan will turn 37 by the time the season tips off in October. Age hasn't hindered his ability to be a microwave scorer and availability averaging 18.4 points while shooting 49.7% from the field in the 77 games played this past season.
The Cavaliers clearly need wing talent after Dean Wade signed with the 76ers and Keon Ellis signed with the Brooklyn Nets. DeRozan projects as a more awkward fit for Cleveland's roster given that he has been the primary scoring option for the majority of his career. The unknown of how he will find his spots on a team with the ball primarily in James Harden and Donovan Mitchell is yet to be seen.
A clear benefit for the Cavaliers in a DeRozan addition would be the pressure to the rim DeRozan provides, as well as being a sufficient scorer without support. The warts of the acquisition would be that DeRozan has never established a consistent outside shot.
#derozan #james #need #season
In a segment on NBA Today, ESPN's Shams Charania noted that "DeMar DeRozan has interest from Cleveland". Charania also mentioned that "Miami, Denver and Cleveland are among the teams interested in DeMar DeRozan".
The Sacramento Kings bought out DeRozan earlier this month. DeRozan will turn 37 by the time the season tips off in October. Age hasn't hindered his ability to be a microwave scorer and availability averaging 18.4 points while shooting 49.7% from the field in the 77 games played this past season.
The Cavaliers clearly need wing talent after Dean Wade signed with the 76ers and Keon Ellis signed with the Brooklyn Nets. DeRozan projects as a more awkward fit for Cleveland's roster given that he has been the primary scoring option for the majority of his career. The unknown of how he will find his spots on a team with the ball primarily in James Harden and Donovan Mitchell is yet to be seen.
A clear benefit for the Cavaliers in a DeRozan addition would be the pressure to the rim DeRozan provides, as well as being a sufficient scorer without support. The warts of the acquisition would be that DeRozan has never established a consistent outside shot.
#derozan #james #need #season
2 days ago
The recent entry of Elon Musk's ******* eX (SPCX) into public markets has garnered investment interest on Capitol Hill, with half a dozen lawmakers taking stakes in the company, according to recently disclosed transactions.
The first apparent purchase came from Rep. Lisa McClain, a Republican and member of House Speaker Mike Johnson's leadership team. Her husband purchased between $100,000 and $250,000 in Musk's xAI in December 2025, before it was folded into ******* eX in February, giving the lawmaker and her family early exposure to the public debut on June 12.
SpaceX's initial public offering then saw five more lawmakers make purchases, according to the disclosures.
Rep. John James, a Michigan Republican, was first in as his wife bought between $15,000 and $50,000 worth of stock on the day of the IPO.
Three more GOP lawmakers — Rep. Daniel Meuser of Pennsylvania, William Timmons of South Carolina, and John McGuire of Virginia — obtained shares three days later.
#SpaceX #john #first #elon
The first apparent purchase came from Rep. Lisa McClain, a Republican and member of House Speaker Mike Johnson's leadership team. Her husband purchased between $100,000 and $250,000 in Musk's xAI in December 2025, before it was folded into ******* eX in February, giving the lawmaker and her family early exposure to the public debut on June 12.
SpaceX's initial public offering then saw five more lawmakers make purchases, according to the disclosures.
Rep. John James, a Michigan Republican, was first in as his wife bought between $15,000 and $50,000 worth of stock on the day of the IPO.
Three more GOP lawmakers — Rep. Daniel Meuser of Pennsylvania, William Timmons of South Carolina, and John McGuire of Virginia — obtained shares three days later.
#SpaceX #john #first #elon
3 days ago
argenx has entered a definitive agreement to acquire Forte Biosciences for approximately $2.2bn in total equity value.
Approved by both companies' boards of directors, the transaction is expected to close in the third quarter of 2026, contingent upon standard closing conditions.
The main ***** et involved is FB102, Forte Biosciences' first-in-class anti-CD122 antibody, which will be added to argenx's immunology portfolio. FB102 was evaluated in Phase Ib studies for vitiligo and celiac disease.
These studies were a key factor in deciding to proceed from a strategic investment to acquisition by argenx.
Forte Biosciences expects to release Phase II data for FB102 in the second half of this year.
#forte #biosciences
Approved by both companies' boards of directors, the transaction is expected to close in the third quarter of 2026, contingent upon standard closing conditions.
The main ***** et involved is FB102, Forte Biosciences' first-in-class anti-CD122 antibody, which will be added to argenx's immunology portfolio. FB102 was evaluated in Phase Ib studies for vitiligo and celiac disease.
These studies were a key factor in deciding to proceed from a strategic investment to acquisition by argenx.
Forte Biosciences expects to release Phase II data for FB102 in the second half of this year.
#forte #biosciences
3 days ago
The Seattle Seahawks are reportedly moving on from another member of their rapidly changing running back room.
Seattle plans to waive running back Kenny McIntosh, ESPN's Brady Henderson reported on July 27. McIntosh opened training camp on the physically unable to perform list while recovering from the torn ACL that cost him the entire 2025 season.
The move has not yet appeared among the Seahawks' official roster transactions as of Henderson's report.
McIntosh's departure comes at a significant point in Seattle's backfield competition. Zach Charbonnet is also on the PUP list, leaving first-round rookie Jadarian Price, free-agent addition Emanuel Wilson and George Holani to handle the available practice work. The battle for their starting running back job is one of the central training-camp storylines.
McIntosh, a seventh-round selection in the 2023 NFL draft, finishes his Seattle tenure with 31 regular-season carries for 172 yards. All of that production came in 2024, when he averaged 5.5 yards per attempt while playing primarily behind Kenneth Walker III and Charbonnet.
#running
Seattle plans to waive running back Kenny McIntosh, ESPN's Brady Henderson reported on July 27. McIntosh opened training camp on the physically unable to perform list while recovering from the torn ACL that cost him the entire 2025 season.
The move has not yet appeared among the Seahawks' official roster transactions as of Henderson's report.
McIntosh's departure comes at a significant point in Seattle's backfield competition. Zach Charbonnet is also on the PUP list, leaving first-round rookie Jadarian Price, free-agent addition Emanuel Wilson and George Holani to handle the available practice work. The battle for their starting running back job is one of the central training-camp storylines.
McIntosh, a seventh-round selection in the 2023 NFL draft, finishes his Seattle tenure with 31 regular-season carries for 172 yards. All of that production came in 2024, when he averaged 5.5 yards per attempt while playing primarily behind Kenneth Walker III and Charbonnet.
#running
6 days ago
Ripple has launched Ripple Mint, a platform that lets institutions mint, redeem, and manage Ripple USD (RLUSD) through one console.
The company also invested in Notabene, a compliance firm, to add identity checks and transaction authorization to its stablecoin network. Standard Custody & Trust Company, a New York-chartered trust firm, issues RLUSD under state financial regulation. Jack McDonald, an executive at the company, called the Notabene deal a step toward globally compliant stablecoin transfers.
"Bringing together $RLUSD, Ripple Payments & Notabene's trusted institutional network to help scale compliant stablecoin payments," McDonald said.
Ripple Mint replaces the platform-only setup institutions previously used for RLUSD operations. Users can choose a web console for manual oversight, or new application programming interfaces (APIs) for automated workflows.
The system tracks transactions in real time and sends webhook alerts for fiat receipt, minting, and onchain settlement. Consistent reference IDs tie every stage together, which simplifies reconciliation for exchanges and market makers.
#notabene
The company also invested in Notabene, a compliance firm, to add identity checks and transaction authorization to its stablecoin network. Standard Custody & Trust Company, a New York-chartered trust firm, issues RLUSD under state financial regulation. Jack McDonald, an executive at the company, called the Notabene deal a step toward globally compliant stablecoin transfers.
"Bringing together $RLUSD, Ripple Payments & Notabene's trusted institutional network to help scale compliant stablecoin payments," McDonald said.
Ripple Mint replaces the platform-only setup institutions previously used for RLUSD operations. Users can choose a web console for manual oversight, or new application programming interfaces (APIs) for automated workflows.
The system tracks transactions in real time and sends webhook alerts for fiat receipt, minting, and onchain settlement. Consistent reference IDs tie every stage together, which simplifies reconciliation for exchanges and market makers.
#notabene
6 days ago
Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF, FRA:4CN) said it expects to return to year-on-year earnings growth in the second half after its Search division returned to profitability in June, completing its transition away from legacy AdSense for Domains revenue.
Adjusted EBITDA fell 21% year on year to US$19.5 million in the six months to June, though this represented an 8% improvement on the second half of 2025. Net revenue declined 16% to US$61 million, while gross margin widened to 34.1% from 27.6%.
The Comparison division increased adjusted EBITDA by 54% to US$8.4 million, alongside a 28% rise to US$13.7 million from Domains, Identity & Software. Search recorded a US$2.6 million loss across the half, but returned to profit in June following cost reductions, automation and the expansion of Related Search on Content.
Net debt climbed to US$117.5 million from US$87.6 million at December, reflecting tax payments and reduced working-capital financing rather than higher borrowings. Team Internet expects debt to fall significantly during H2.
Its strategic review of the DIS business is progressing with selected parties, with a further update due by the interim results on 7 September and any resulting transaction still targeted for completion during 2026.
#internet #ebitda
Adjusted EBITDA fell 21% year on year to US$19.5 million in the six months to June, though this represented an 8% improvement on the second half of 2025. Net revenue declined 16% to US$61 million, while gross margin widened to 34.1% from 27.6%.
The Comparison division increased adjusted EBITDA by 54% to US$8.4 million, alongside a 28% rise to US$13.7 million from Domains, Identity & Software. Search recorded a US$2.6 million loss across the half, but returned to profit in June following cost reductions, automation and the expansion of Related Search on Content.
Net debt climbed to US$117.5 million from US$87.6 million at December, reflecting tax payments and reduced working-capital financing rather than higher borrowings. Team Internet expects debt to fall significantly during H2.
Its strategic review of the DIS business is progressing with selected parties, with a further update due by the interim results on 7 September and any resulting transaction still targeted for completion during 2026.
#internet #ebitda
6 days ago
This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry **** ysis delivered straight to their inbox with the free CRE Daily newsletter.
Florida-based TECfusions is set to go public by merging with Apex Treasury Corp., a **** , at a $4B valuation.
The deal leverages long-term customer contracts, an upcoming expansion into Chile, and a $35M PIPE investment.
Data center IPO activity is accelerating as digital infrastructure operators target public markets to fund AI-driven growth.
TECfusions, a Florida firm specializing in adaptive reuse of industrial facilities for data center operations, will pursue a public listing through a merger with Cayman Islands-based **** Apex Treasury Corp., per The Wall Street Journal. With the transaction expected to close by year-end, the $4B valuation positions TECfusions among the largest US data center IPO stories this cycle. Surging demand for AI and cloud infrastructure has prompted digital infrastructure operators to seek public capital — a trend gaining momentum throughout 2026.
#data #apex #corp
Florida-based TECfusions is set to go public by merging with Apex Treasury Corp., a **** , at a $4B valuation.
The deal leverages long-term customer contracts, an upcoming expansion into Chile, and a $35M PIPE investment.
Data center IPO activity is accelerating as digital infrastructure operators target public markets to fund AI-driven growth.
TECfusions, a Florida firm specializing in adaptive reuse of industrial facilities for data center operations, will pursue a public listing through a merger with Cayman Islands-based **** Apex Treasury Corp., per The Wall Street Journal. With the transaction expected to close by year-end, the $4B valuation positions TECfusions among the largest US data center IPO stories this cycle. Surging demand for AI and cloud infrastructure has prompted digital infrastructure operators to seek public capital — a trend gaining momentum throughout 2026.
#data #apex #corp
6 days ago
Chief Operating Officer & Chief Financial Officer Noel Bertram Watson reported a sale of 51,545 shares of LegalZoom.com, Inc. (NASDAQ:LZ) on July 9, 2026, according to an SEC Form 4 filing.
Metric
Value
Transaction value
~$372,000
#operating
Metric
Value
Transaction value
~$372,000
#operating
6 days ago
The Chargers made a roster move ahead of the start of their training camp.
The NFL's transaction report for Friday shows that they placed offensive tackle Isaiah World on the non-football injury list.
World signed with the Chargers after going undrafted out of Oregon. He tore his ACL during the team's college football playoff loss to Indiana, so it may be some time before he's ready to get back on the field.
World played three seasons at Nevada before transferring to Oregon. He started 14 games at left tackle during his only season with the Ducks.
Chargers rookies reported to training camp this week. They will have their full squad in camp on July 28 with their first practice set for the next day.
#isaiah
The NFL's transaction report for Friday shows that they placed offensive tackle Isaiah World on the non-football injury list.
World signed with the Chargers after going undrafted out of Oregon. He tore his ACL during the team's college football playoff loss to Indiana, so it may be some time before he's ready to get back on the field.
World played three seasons at Nevada before transferring to Oregon. He started 14 games at left tackle during his only season with the Ducks.
Chargers rookies reported to training camp this week. They will have their full squad in camp on July 28 with their first practice set for the next day.
#isaiah
