Know What's Happening in Finance
Know What's Happening in Finance
Flex to Acquire Electrical Power Products for $1.1B, Expanding Power Infrastructure Portfolio
Flex Ltd. announced a definitive agreement to acquire Electrical Power Products for approximately $1.1 billion in cash. The target contributes roughly $323 million of annual revenue and delivers a mid‑to‑high‑teens EBITDA margin. Flex expects the transaction to be accretive to adjusted earnings per share in the first full fiscal year after closing.
Also developing:
On March 18, 2026, the Bank of Canada will announce its next overnight interest‑rate decision, a key monetary‑policy move that could shift Canadian borrowing costs, the loonie and capital markets. The announcement comes as the central bank notes that inflation is projected to stay close to its 2% target while the economy adjusts to U.S. tariffs and a reshaped global trade environment, resulting in modest growth expectations.
Intensifying regulatory scrutiny is rattling Hong Kong’s financial industry and raising the prospects of a slowdown in booming share sales in Asia’s premier fundraising hub https://t.co/W795nBdXEj @kiuyanwong @depsebastian @julia_fioretti
need deloitte to start adding “yeah its GAAP but this p&l is dog shit.” to their audit opinion for garbage public companies
India’s recent IPO surge is increasingly being leveraged to reduce corporate debt rather than fund expansion. Companies earmarked roughly ₹35,055 crore—about a quarter of total IPO proceeds—for debt repayment across 95 issuers in 2024‑2026. This marks a reversal from 2020‑21, when...
Inspire Medical Systems reported a 12% rise in fourth‑quarter revenue to $269 million and a 14% increase for the full year, reaching $912 million, driven by both existing and new center growth. The company widened its 2026 revenue outlook to $950‑$1 billion, reflecting...
Zymeworks reported Q4 2025 revenue of $106 million, up from $76.3 million, while net loss narrowed to $81.1 million as operating expenses fell. The company highlighted Phase III zanidatumab data showing median PFS over one year and overall survival beyond two years in first‑line...
West Pharmaceutical reported Q4 2025 revenue of $850 million, up 7.5% reported and 3.3% organically, pushing full‑year net sales past $3 billion with 4% organic growth. Adjusted EPS rose 12% to $2.04 and free cash flow surged 70% to $469 million for the...
SentinelOne reported Q4 2026 revenue of $271 million, up 20% year‑over‑year, and total ARR grew 22% with a record $64 million net new ARR. The company achieved its first full‑year operating profitability, posting a 3.5% non‑GAAP margin and a 6% Q4 operating margin....
For every dollar hyperscalers earn from AI today, they’re spending twelve dollars to build more capacity. That’s the bet embedded in $575 billion of capital expenditure this year. How fast does AI revenue need to grow to pay back this...
Effective March 1, 2026, the Small Business Administration tightened its 7(a) and 504 loan eligibility, requiring 100% U.S. citizenship and domestic residence for all owners. The rule eliminates the brief 5% foreign‑ownership exception and bars legal permanent residents from any...
Could this be the first step on a path to an American Sovereign Wealth Fund? 👇
SES Financing S.à r.l., a wholly‑owned subsidiary of satellite operator SES, priced a €650 million PNC5.25 Subordinated Perpetual with Automatic Conversion Events (SPACE) hybrid security on 24 March 2026. The issue, carrying a 7.375% coupon and callable at par from 2031, was five...
Dow Jones aims for $1 billion EBITDA within five years, a 70% increase from 2025, according to CEO Almar Latour. To reach the target, the company is rolling out a $7,499 “super consumer” bundle and accelerating direct‑to‑consumer products, while expanding high‑margin...
TradeStation agreed to pay $1.1 million to OFAC after its sanctions‑screening tools were unintentionally disabled for nearly a year, allowing users in Iran, Syria and Crimea to execute 481 improper trades worth $4.4 million. The firm’s primary geo‑blocking firewall and a mobile‑platform...
SAP Concur is embedding its Joule AI assistant into Microsoft 365 Copilot, letting employees create expense reports, book travel and query policies without leaving familiar apps. Two new Joule agents – Expense Automation and Expense Pre‑Submit Audit – automate report...
Auburn National Bancorporation (NASDAQ: AUBN) announced its board approved a new stock repurchase program. The plan authorizes up to $5 million of common shares to be bought back by March 15 2027, replacing the prior program that expired in April 2024. Repurchases can be...
Galapagos NV disclosed that Bank of America Corp. received a transparency notification under Belgian law after its stake fell below the 5% threshold on March 10, 2026. The bank’s combined voting rights and equivalent financial instruments now represent 3.91% of...
Founded by Deloitte in 2019 as Auvenir, the Toronto‑based firm has spun off to become Streamworks Tech, an independent provider of cloud‑based audit and quality‑management software. The company will concentrate on small and midsized accounting firms, launching a beta Engagements...
Itausa SA, a major shareholder of Aegea Saneamento e Participacoes, expects the sanitation firm to achieve a valuation above its current 40.5 billion reais ($7.8 billion) as it prepares for an initial public offering in the coming months. CFO Priscila Grecco said...
Lululemon athletica reported fourth‑quarter revenue of $3.6 billion and full‑year revenue of $11.1 billion, marking a 5% increase year‑over‑year. International sales surged 22% while the Americas segment slipped, resulting in a modest overall comparable‑sales gain of 2%. Inventories rose 18% to $1.7 billion...
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission issued a joint interpretation that clarifies how federal securities laws apply to crypto assets. The guidance introduces a taxonomy covering digital commodities, collectibles, tools, stablecoins and digital securities,...
The SEC’s Division of Economic and Risk Analysis released an extensive data set covering IPOs, follow‑on offerings, corporate bonds, Regulation D, ABS, CMBS, and security‑based swap dealers. In 2025, IPO activity jumped to 374 deals raising over $70 billion, while Regulation D offerings...
The Iran‑Israel war has shut the Strait of Hormuz, cutting off a vital source of petro‑capital that Gulf sovereigns traditionally channel into global finance. This disruption threatens the $1.4 trillion of assets held in UAE financial hubs and has already forced...
Jim Peters, a longtime Whirlpool finance chief, will become CFO of Brown‑Forman effective March 31, succeeding retiring executive Leanne Cunningham. Peters brings over two decades of global finance experience, including a decade as Whirlpool’s CFO, and will be compensated with a...
Morgan Stanley’s chief U.S. equity strategist Mike Wilson, who previously warned of a “rolling recession,” now says the market correction is already mature. He points to 50% of Russell 3000 stocks down at least 20% from 52‑week highs and over 40%...
On March 31, 2026, CFTC Enforcement Director David Miller will announce the commission’s enforcement priorities and address insider trading risks in prediction markets at a Program on Corporate Compliance and Enforcement (PCCE) event hosted by NYU School of Law. The...
Handel’s Homemade Ice Cream has appointed Naveen Dasa as its new chief financial officer, effective immediately. Dasa arrives with more than a decade of finance and strategy experience at Yum Brands, Shake Shack, and investment banks, most recently overseeing Pizza...
ContextVision AB announced that its share buy‑back programme, originally launched in September 2025 for up to NOK 10 million and 4 million shares, was extended to 11 May 2026 with unchanged terms. Between 9 March and 16 March 2026 DNB Carnegie repurchased 1,188,241 shares for a total...
Virbac, a French animal‑health group, published its 2025 consolidated accounts on March 17, 2026. The full financial report is hosted on the corporate website under the Investors → Financial Reports section. The statements were examined by the board of directors and are awaiting...
Morningstar DBRS reports that Calgary has increased its commercial paper program limit to $500 million, up from $400 million, while maintaining an R‑1 (high) rating with a stable outlook. The city’s cash and investment portfolio stands at $7.1 billion, including $756.5 million of short‑term...
Jonathan Davey, Managing Director of Indigenous and Government Advisory at Scotiabank, told the Drumbeats podcast that Canada’s largest infrastructure and resource projects now require Indigenous equity participation. Recent federal programs and legal reforms have turned Indigenous partnerships from a political...
Apollo’s credit fund managers announced a shift to monthly net asset value (NAV) reporting, aiming to increase transparency for investors. The strategy includes real‑time portfolio marks and, when necessary, third‑party valuation models to address pricing uncertainties. Executives say the change...
On 6 March 2026 the FCA released Consultation Paper 26/8 proposing to raise the UK commodity clearing threshold from €3 billion to €5 billion. The change addresses nearly 90 % commodity price inflation since the 2016 threshold was set, which has effectively lowered...
Traeger, Inc. (ticker COOK) announced a 1‑for‑50 reverse stock split, effective before the market opens on March 18, 2026. Each existing share will be converted into 0.02 of a new share, consolidating fifty old shares into one new share. The corporate action...
UBS analysts say US airline stocks may be nearing a bottom after a 22% drawdown in the S&P 500 Passenger Airlines Index, driven by a sharp jet‑fuel price surge linked to Middle‑East disruptions. The firm expects most carriers to hit...
This is really great: "shows CAPE on the horizontal axis and net issuance on the vertical axis. Each point represents a calendar month between January 1990 and November 2025. Notice the positive correlation between issuance and CAPE: When CAPE is high,...
EY’s March 12 poll of 200 senior Irish finance leaders shows overwhelming optimism for 2026, with 94% expecting growth and an average forecast of 9%. The confidence reflects Ireland’s near‑13% GDP expansion in 2025, driven largely by pharmaceutical exports. Energy...
Every month someone publishes a higher default forecast. > Fitch: 5.8% actual > Morgan Stanley: 8% > UBS: 15% worst case Every month someone in the industry calls it irresponsible.
U.S. M&A activity slowed in February 2026, with announcements dropping 26.7% to 1,013 versus January, yet aggregate deal spending surged 236.8% month‑over‑month. Eleven of FactSet’s 21 tracked sectors posted higher three‑month deal volumes compared with a year earlier, led by...
The European Banking Authority (EBA) issued an updated list of ITS validation rules, highlighting deactivated, reactivated, and severity‑status changes. It reminded EU competent authorities not to validate data against deactivated rules. The EBA also launched a small validation‑rules package containing...
CoreWeave, the leading GPU‑cloud provider, faces a steep valuation correction as Bernstein analysts warn that its $30 billion capital‑expenditure plan will generate $23 billion of negative free cash flow in 2026. The firm’s biggest customers—Microsoft, Meta and other hyperscalers—are rapidly expanding their...
Morningstar cut Wizz Air Holdings' fair‑value estimate by 17% to GBX 1,220, citing a sharp oil price spike and escalating operational headwinds. The airline’s fuel‑hedge coverage falls from 83% in FY2026 to just 55% for FY2027, exposing it to higher jet‑fuel...
Valuation spreads (how cheaply value stocks trade relative to growth stocks) measured as the Price/Book ratio of value stocks divided by growth stocks in the US. "On average, US value stocks have traded at a 78% discount (i.e., 22 cents on...
A default “via inflation” is not a default. For it to be a default the underlying contract would have to stipulate that the money received in the future has the same purchasing power and the money lent today. ...
well said. we have good academic evidence that quarterly reporting by itself causes widespread value-destruction
Years ago I pushed for Bitcoin ETFs. Many said it would never happen. Now Bitcoin ETFs are a reality and top buyers of Bitcoin. Next Bitcoin is becoming the collateral layer of finance. Infrastructure is being built now. Similarly hard and...
If a token converts to equity, how do you think about the new valuation? https://t.co/sigF6mfZGm
#FutureReadyLive – Beyond ChatGPT: AI Built for the Accounting Profession w/ Adam Hibbs (@AICPA & @CIMA_News) & Kate Hearns (PPL Corp) about real workflows, where AI is saving time and how teams balance efficiency with responsibility. #AICPA #CIMA #Josi https://t.co/iBSjZxTCQt
Ditch the chaos. Create clarity (more accurate forecasting) accountability (responsibility for growing contribution) and capacity. (one empowered operator saving you thousands in labor and tooling) I'd love to show you how the Prophit Engine gives you the confidence that you will achieve you goals.
CFOs now view vendor exposure and data protection alongside balance sheet risk. Requiring: proactive risk management, clear board communication, and disciplined investment to protect operations and trust. https://t.co/RWvAWTo1ee
