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Fortune Brands appoints Jesse Singh CEO as activist pressure forces governance reset
Jesse Singh takes control of Fortune Brands Innovations after four months of leadership turmoil, weak earnings and activist pressure, with the former AZEK chief expected to sharpen execution, review the portfolio and restore investor confidence.
Babcock (LSE: BAB) shares hit a new low, but did the market overreact to Type 83?
Babcock lost a future warship opportunity just after another £140 million frigate charge. Can submarines, nuclear growth and buybacks repair trust?
Rocket Lab (Nasdaq: RKLB) jumps as Iridium deal resets the thesis
Rocket Lab gains Iridium’s recurring satellite revenue, but US$3.6 billion of committed debt turns scarce spectrum into a major leverage test.
Honeywell Aerospace (HONA) debuts on Nasdaq as HON completes 1-for-2 reverse split
Honeywell completes Aerospace spinoff June 29: HONA debuts on Nasdaq joining S&P 500, HON becomes Honeywell Technologies with a 1-for-2 reverse split.
Why Trump Accounts could turn child savings into a Wall Street political fight
Trump Accounts launch July 4 with Wall Street backing, $1,000 child investments and new questions over savings, inequality and politics.
Could Rocket Lab’s $8bn Iridium deal redefine its space growth story?
Rocket Lab’s $8 billion Iridium deal could transform RKLB into a vertically integrated space company with launch, satellites, spectrum and recurring services.
Defence Holdings has secured the cash, but what must ALRT deliver before investors return?
Defence Holdings has completed a significantly oversubscribed £4 million placing, giving the London-listed defence technology company additional capital for partnerships, working capital and contract execution. The financing strengthens its ability to pursue a software-led defence strategy, but investors must now assess whether operational progress can outweigh dilution and a sharp retreat in the ALRT share price.
BT Group’s $625m Verizon deal turns an international drag into a $4bn strategic option
BT Group and Verizon Communications are combining their international enterprise network operations in a joint venture that could simplify both companies while creating a new global competitor in secure cloud connectivity.
RKLB surges, IRDM soars 20% as Rocket Lab strikes $8bn Iridium takeover
Rocket Lab is buying Iridium for $8 billion, pivoting from launch provider to integrated space operator as RKLB, IRDM, PL and ASTS all move. Read the analysis.
British American Tobacco wants £600m in savings, so why are 9,000 roles changing?
British American Tobacco is eliminating 5,500 positions and transferring another 3,500 roles to technology and business-services partners as artificial intelligence, outsourcing and factory consolidation reshape nearly one-fifth of its global workforce.