Grafa News and Videos — Page 44

Hormel Foods (NYSE:HRL) signed a definitive agreement to acquire Brakebush Brothers from the Brakebush family for approximately $1.055 billion, adding a processed chicken supplier to its Foodservice business.

Kenon Holdings (NYSE:KEN) agreed to acquire a 25% indirect equity interest in Vicinity District Energy, a U.S. district heating and cooling business, through a transaction valuing 100% of the company at $2.92 billion.

Sagimet Biosciences (NASDAQ:SGMT) announced 52-week results from license partner Ascletis’ Phase 3 open-label extension trial of denifanstat in moderate to severe acne, with treatment success reaching 56.7% among 240 patients.

Solidion Technology (NASDAQ:STI) announced its intent to pursue an all-cash acquisition of Flux Power Holdings (NASDAQ:FLUX) through a non-binding proposal, with no definitive agreement currently executed.

Cal-Maine Foods (NASDAQ:CALM) reported a first-quarter fiscal 2027 net loss attributable to the company of $58.615 million, reversing a year-earlier profit as net sales declined 41.5% to $539.607 million.

Concentrix Corporation (NASDAQ:CNXC) shares declined 11.5% premarket to $22.02 after the technology and services company reported a third-quarter 2026 loss following a $1.05 billion non-cash goodwill impairment charge.

AbbVie (NYSE:ABBV) announced Phase 1 results for investigational ABBV-295, reporting adjusted mean weight reductions of up to 9.8% after 12 weeks of weekly dosing in a study involving 60 participants.

Yiren Digital (NASDAQ:YRD) reported a second-quarter 2026 net loss of RMB449.6 million, compared with net income of RMB357.5 million a year earlier, as revenue declined 46% year over year to RMB890 million.

Oil prices were largely steady on Wednesday after a sharp decline in the previous session, as recovering Middle East exports reduced some supply concerns linked to disruptions through the Strait of Hormuz.

Apollo (NYSE:APO) announced that its managed funds completed the acquisition of Nippon Sheet Glass, a company operating in architectural, automotive and solar glass markets, and launched a new management structure.