Carrier completes sale of Riello business for $440 million
Carrier (NYSE:CARR) announced the completion of the sale of its Riello business to Ariston Group for gross proceeds of approximately $440 million.
Carrier (NYSE:CARR) announced the completion of the sale of its Riello business to Ariston Group for gross proceeds of approximately $440 million.
Richmond Mutual Bancorporation (NASDAQ:RMBI) completed its previously announced merger with The Farmers Bancorp, effective July 1, 2026.
Watsco (NYSE:WSO) declared a regular quarterly cash dividend of $3.30 per share on its Common and Class B shares, continuing its long-running shareholder payout program.
The best quarter for stocks in six years ended on a high note, with chipmakers extending their rebound from war-driven lows and signs of economic resilience boosting confidence in corporate earnings. A rally that has added more than $8 trillion to the S&P 500's market value over the past three months gained further momentum as fresh data pointed to strength in both the labor market and consumer sentiment. Goldman Sachs Chief Global Equity Strategist Peter Oppenheimer told Bloomberg that, "for the first time in really a generation," major economies are experiencing a broad-based increase in capital spending. It's a trend that he believes is helping to underpin the current bull market.Goldman Sachs Says Capital Spending Is Powering the Bull Market
NorthStrive Biosciences (NASDAQ:ELAB), a PMGC subsidiary, reported positive Phase III results from an AI-assisted drug discovery collaboration with Yuva Biosciences.
Mobility Global (NYSE:MBGL) has been separated from S&P Global as an independent public company.
MBGL common stock begins regular-way trading on July 1, 2026, on the NYSE.
iBio (NASDAQ:IBIO) reported preclinical obese non-human primate data for IBIO-610, a potential first-in-class Activin E antibody for obesity.
NielsenIQ (NYSE:NIQ) completed its acquisition of Flywheel’s China and Southeast Asia eCommerce Data & Insights business, including operations under the YiMian brand in China.
Prosperity Bancshares (NYSE:PB) completed its merger with Stellar Bancorp effective July 1, 2026, including the merger of Stellar Bank into Prosperity Bank.
General Mills (NYSE:GIS) reported fourth-quarter fiscal 2026 net sales of $4.6 billion, reflecting a 1% increase as organic net sales were flat year over year.
Kroger (NYSE:KR) agreed to acquire Giant Eagle for $1.65 billion, expanding its grocery and pharmacy footprint across five U.S. states through the addition of 197 supermarkets and 11 pharmacies.
IperionX (NASDAQ:IPX) received up to $6.6 million from the Office of the Secretary of War – Submarine Workforce and Industrial Base program to expand U.S. titanium production for defense applications.