Daily Newsroom
Follow market-moving stories, policy signals, and company developments curated by the editorial desk.
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S&P Global Ratings has lowered Harley-Davidson's credit rating to BB+ from BBB-, moving its debt to non-investment grade territory. The ratings agency cited expectations that the motorcycle manufacturer's new strategy will keep profit margins depressed for several years.
S&P Global Ratings has lowered the credit rating for homebuilder Century Communities from 'BB' to 'BB-', citing concerns over elevated mortgage rates and consumer hesitancy impacting profitability.
Mexico's primary stock index, the S&P/BMV IPC, ended Wednesday's session with a minor loss of 0.10%, driven by downturns in the Industrials, Consumer Goods & Services, and Consumer Staples sectors.
The automation firm has increased its earnings per share forecast for the second half and full year of 2026 after completing a one-for-two reverse stock split. The adjustment follows the recent spinoff of its aerospace division.
Major U.S. technology companies are making a notable appearance at the Calgary Stampede, an event traditionally focused on the oil and gas industry. This comes as the province of Alberta actively promotes itself as an ideal location for large-scale data center development.
Famed investor Michael Burry has purchased shares in sports-betting companies Flutter Entertainment and DraftKings, wagering that the competitive threat from lightly regulated prediction markets will fade under future government scrutiny.
Mercator Acquisition Corp., a special purpose acquisition company, has priced its initial public offering of 15 million units at $10 each, raising $150 million. The units are scheduled to begin trading on the Nasdaq Global Market on July 9, 2026.
The U.S. Senate Commerce Committee is set to vote on bipartisan legislation aimed at reinforcing the ban on Chinese automakers selling passenger vehicles in the American market. The vote is scheduled for July 15.
Paramount has postponed the finalization of its $110 billion acquisition of Warner Bros. until at least July 22. The delay is connected to an ongoing investigation by the Oregon attorney general's office.
