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The Lovesac Company (NASDAQ:LOVE) reported a net loss for its fiscal 2027 first quarter, reflecting the persistent operational difficulties home furnishings retailers face as sticky inflation and elevated mortgage rates suppress discretionary consumer spending.

Citadel's Angel Ubide warns Europe needs to look past internal squabbles and seriously consider how to integrate quickly if it wants to catch up to its global rivals. The economist, who heads up Citadel's global fixed income and macro economic research was speaking to Stephen Carroll on Bloomberg's "Daybreak Europe" radio program.

Takeda Pharmaceutical (NYSE:TAK) reported positive topline results from a head-to-head Phase 3 clinical trial for its experimental plaque psoriasis drug, zasocitinib, positioning the oral pill to challenge established autoimmune blockbusters.

Merck Animal Health, a subsidiary of pharmaceutical giant Merck & Co (NYSE:MRK), signed a definitive agreement to acquire TARGAN, a privately held agtech developer specializing in high-speed automated biodevices for commercial hatcheries.

Parsons (NYSE:PSN) has secured a $22 million contract amendment from the Los Angeles County Metropolitan Transportation Authority to expand infrastructure and transit enhancements along the Interstate 605 corridor.

The board of directors of Target (NYSE:TGT) declared a quarterly cash dividend of $1.16 per common share, representing a 1.8% increase over its previous distribution baseline.

Dana Incorporated (NYSE:DAN) has reached a definitive agreement to combine with Eaton's (NYSE:ETN) Mobility business, a blockbuster industrial carve-out that values the division at $5.1 billion and establishes a premier global vehicle powertrain supplier.

Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, says the melt up has begun as markets remain resilient ahead of the SpaceX IPO "landmark moment."

Copley Acquisition (NYSE:COPL) and Ignite Proteomics entered into a definitive business combination agreement that will take the biotech firm public at a pro forma enterprise value of $150 million.

Modiv Industrial (NYSE:MDV) announced the declaration of its scheduled cash distributions for both preferred and common shareholders, maintaining capital returns as the real estate investment trust prepares for its upcoming corporate combination.

Yimei Li, CEO, China Asset Management Company tells Bloomberg's Minmin Low interest in China onshore markets from international investors is still more on the transactional side, with long time allocators not fully back yet. Li was speaking at Bloomberg Invest 2026 in Hong Kong.

The Board of Directors of Philip Morris International (NYSE:PM) declared a regular quarterly cash dividend of $1.47 per common share, matching its previous distribution level.