Pope Leo XIV says he will not be deterred by criticism from President Trump, vowing to continue his calls for peace as tensions escalate between the Vatican and Washington over the Iran conflict. (Image credit: Andrew Medichini)
Pope Leo XIV says he will not be deterred by criticism from President Trump, vowing to continue his calls for peace as tensions escalate between the Vatican and Washington over the Iran conflict. (Image credit: Andrew Medichini)
Pope Leo XIV says he will not be deterred by criticism from President Trump, vowing to continue his calls for peace as tensions escalate between the Vatican and Washington over the Iran conflict. (Image credit: Andrew Medichini)
Pope Leo XIV says he will not be deterred by criticism from President Trump, vowing to continue his calls for peace as tensions escalate between the Vatican and Washington over the Iran conflict. (Image credit: Andrew Medichini)
Nvidia stock is still struggling to break out of their monthslong trading range. The chip maker is being held back by geopolitical concerns as well as competition and production worries. Shares of Nvidia were down 1.1% at $186.55 in premarket trading Monday.
Nvidia stock is still struggling to break out of their monthslong trading range. The chip maker is being held back by geopolitical concerns as well as competition and production worries. Shares of Nvidia were down 1.1% at $186.55 in premarket trading Monday.
Somnigroup International ( SGI ) has agreed to acquire Leggett & Platt ( LEG ) in an all-stock transaction worth ~$2.5B, based on Somnigroup's April 10 closing price. Under the terms of the agreement, Leggett & Platt shareholders will receive 0.1455 shares of Somnigroup common stock in exchange for each share of Leggett & Platt common stock they own. As a result, Leggett & Platt's shareholders wil...
Somnigroup International ( SGI ) has agreed to acquire Leggett & Platt ( LEG ) in an all-stock transaction worth ~$2.5B, based on Somnigroup's April 10 closing price. Under the terms of the agreement, Leggett & Platt shareholders will receive 0.1455 shares of Somnigroup common stock in exchange for each share of Leggett & Platt common stock they own. As a result, Leggett & Platt's shareholders will own ~9% of the combined company on a fully diluted basis. The agreement has been unanimously approved by the boards of directors of both companies. The transaction is currently anticipated to close by year-end 2026, subject to the satisfaction of customary closing conditions, including approval by Leggett & Platt's shareholders and receipt of applicable regulatory approvals. Upon closing, Leggett & Platt is expected to operate as a separate business unit within Somnigroup, similar to Tempur Sealy, Mattress Firm, and Dreams, and to maintain its offices in Carthage, Missouri. Leggett & Platt's chairman and CEO, Karl Glassman, will continue to lead Leggett & Platt following the closing date and will assist with a seamless transition to a new CEO of the Leggett & Platt business unit within twelve months of the closing date. Somnigroup and Leggett & Platt have collaborated for nearly 50 years to drive innovation in the bedding market. After giving effect to the transaction, including elimination of intercompany sales, the combined company generated 2025 net sales of around $11.2B, ~$1.7B of adjusted EBITDA, and $1.1B of operating cash flow. The combination is expected to be accretive to adjusted EPS before synergies in the first year post close and presents cost synergy opportunities with an expected net positive impact on adjusted EBITDA of $50M on a fully implemented annual run-rate basis. Source: Press Release More on Somnigroup International, Leggett & Platt Somnigroup International Inc. (SGI) Analyst/Investor Day Transcript Somnigroup International Inc. (SGI) Analyst/Inve...
JHVEPhoto Beyond Meat ( BYND ) announced the nationwide rollout of its latest Beyond Breakfast Sausage lineup at major retailers. The product rollout will include placement at Kroger ( KR ) and Sprouts Farmers Market ( SFM ), with Whole Foods Market locations coming soon. The Beyond Breakfast Sausage lineup was said to include clean, simple ingredients, including heart-healthy avocado oil. The lin...
JHVEPhoto Beyond Meat ( BYND ) announced the nationwide rollout of its latest Beyond Breakfast Sausage lineup at major retailers. The product rollout will include placement at Kroger ( KR ) and Sprouts Farmers Market ( SFM ), with Whole Foods Market locations coming soon. The Beyond Breakfast Sausage lineup was said to include clean, simple ingredients, including heart-healthy avocado oil. The lineup features 7–9 grams of plant protein per serving, just 0.5 grams of saturated fat per serving, and no cholesterol, GMOs, or added hormones or antibiotics. It is also the first plant-based breakfast sausage to earn Clean Label Project Certification. The company highlighted that as protein continues to dominate consumer nutrition priorities, with 70% of Americans actively trying to increase intake and nearly half prioritizing protein at breakfast, the brand is leaning into the morning occasion with great-tasting and convenient plant protein options made from clean ingredients designed to help consumers fuel their day. "We’re thrilled to bring our new Beyond Breakfast Sausage lineup to retailers nationwide, giving consumers more opportunities to fuel their bodies with these Clean Label Project Certified products," stated Beyond Meat ( BYND ) CEO Ethan Brown. "By combining great taste with thoughtfully chosen ingredients, we’re making it easier than ever to start your day with Beyond," he added. More on Beyond Meat Beyond Meat: Sales Struggles Continue Beyond Meat, Inc. (BYND) Q4 2025 Earnings Call Transcript Beyond Meat sheds 10% after earnings disappoint Beyond Meat expects Q1 2026 revenue of $57M-$59M while expanding into Beyond Immerse beverages Seeking Alpha’s Quant Rating on Beyond Meat
If you have an IRA and want to roll it over to another retirement account, there's some good news: It's entirely doable. However, a rollover is not without risk. Consider this a primer on the regulations governing the 60-day rule and how you can protect your assets. Image source: Getty Images. The biggest mistake you can make when rolling one retirement account over to another involves the 60-day ...
If you have an IRA and want to roll it over to another retirement account, there's some good news: It's entirely doable. However, a rollover is not without risk. Consider this a primer on the regulations governing the 60-day rule and how you can protect your assets. Image source: Getty Images. The biggest mistake you can make when rolling one retirement account over to another involves the 60-day rule. Any time you take a distribution from your IRA with the intention of putting the money in another account, you have precisely 60 days to complete the transfer. If you miss that deadline by even a single day, the IRS considers the entire distribution taxable income. Continue reading
HOT TOPICS U.S. Blockade of Iranian Ports U.S. Central Command announced a blockade of all maritime traffic entering or leaving Iranian ports starting at 10 a.m. EST Monday, amid stalled U.S.-Iran talks. Iran dismissed the blockade threat as ridiculous. Courier Fuel Surcharges Major international couriers, including UPS, DHL and FedEx, along with several domestic delivery firms, have raised fuel s...
HOT TOPICS U.S. Blockade of Iranian Ports U.S. Central Command announced a blockade of all maritime traffic entering or leaving Iranian ports starting at 10 a.m. EST Monday, amid stalled U.S.-Iran talks. Iran dismissed the blockade threat as ridiculous. Courier Fuel Surcharges Major international couriers, including UPS, DHL and FedEx, along with several domestic delivery firms, have raised fuel surcharges due to regional tensions and oil price volatility.
Holcim Ltd. ’s Lafarge was found guilty by a Paris court of making payments to terrorist organizations to keep open a cement plant during the civil war in Syria. The court convicted Lafarge for violating European sanctions and terrorism financing. The company’s former chief executive officer Bruno Lafont was also found guilty. Sentencing is expected later on Monday. Read more: Holcim’s Lafarge on ...
Holcim Ltd. ’s Lafarge was found guilty by a Paris court of making payments to terrorist organizations to keep open a cement plant during the civil war in Syria. The court convicted Lafarge for violating European sanctions and terrorism financing. The company’s former chief executive officer Bruno Lafont was also found guilty. Sentencing is expected later on Monday. Read more: Holcim’s Lafarge on Trial Over Millions Paid to Syria Terrorists