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Health

Alcon scraps $1.6B STAAR Surgical deal after shareholder revolt

Alcon (NYSE:ALC), the global leader in eye care, officially terminated its definitive merger agreement with STAAR Surgical Company (NASDAQ:STAA) on Tuesday, January 6, 2026.

The collapse of the deal, originally valued at $1.5 billion and later raised to approximately $1.6 billion, follows a decisive rejection by STAAR’s stockholders at a special meeting earlier that day.

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Industrials

Calumet sees strong adjusted EBITDA in 2025 despite net loss

Calumet (NASDAQ:CLMT) released a preliminary fiscal 2025 update on Tuesday, signaling a major turning point in its effort to repair a stretched balance sheet.

Despite projecting a net loss between $69 million and $12 million, the Indianapolis-based specialty products maker highlighted a significant reduction in restricted debt and a "transformed" outlook for its high-growth renewable energy subsidiary.

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Cactus completes transformational $344M acquisition of Baker Hughes unit

Cactus (NYSE: WHD) announced on Friday, January 2, 2026, the completion of its acquisition of a 65% controlling interest in Baker Hughes’ Surface Pressure Control (SPC) business.

The transaction, valued at approximately $344.5 million in cash, marks a milestone in Cactus’ evolution from a North American unconventional specialist to a diversified global oilfield equipment manufacturer.

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Denison ready to build $600M Phoenix uranium mine as budget climbs

Denison Mines Corp. (NYSE:DNN) announced on January 2, 2026, that it has reached full readiness to make a Final Investment Decision (FID) and break ground on its flagship Phoenix In-Situ Recovery (ISR) uranium project.

The project, located on the Wheeler River property in Saskatchewan’s Athabasca Basin, is slated to become the first major uranium mine built in the region since Cigar Lake began production in 2014.

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Industrials

CNH taps Rivian and Nikola veterans for global leadership team

CNH Industrial N.V. (NYSE:CNH) announced on January 2, 2026, the strategic appointments of Carlo Materazzo as Chief Manufacturing Officer and Britton Worthen as Chief Legal and Compliance Officer, effective January 1, 2026.

The new appointments represent a significant infusion of talent from the high-growth electric vehicle and zero-emissions sectors.

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