Accenture shares fell more than 17% after the consulting group forecast quarterly sales below market expectations, citing a $400 million hit to its Middle East business from the Iran war, even as it announced $4.18 billion of cybersecurity acquisitions intended to reposition the business toward higher-growth areas. Disclosed on 18 June 2026 alongside third-quarter results, … Read more
SpaceX has secured investment-grade credit ratings from all three major agencies, with Moody’s, Fitch and S&P Global Ratings each assigning a stable outlook days after the company’s record-breaking public listing. Announced on 18 June 2026, Moody’s issued a Baa1 rating, Fitch assigned BBB+ and S&P Global Ratings gave BBB — placements that classify the Elon … Read more
AstroNova has agreed to be acquired by Arcline Investment Management in an all-cash take-private transaction valuing the Nasdaq-listed specialist printing technology group at approximately $272 million, with shareholders set to receive $29.00 per share in cash. The agreement, dated June 16, 2026, is structured through Orion Merger Parent, Inc. and Orion MergerCo X, Inc., which … Read more
The Securities and Exchange Commission has proposed rescinding Rule 611 of Regulation NMS, the order-protection rule that has anchored US equity-market structure for two decades, in what would be the most consequential rewrite of the framework since it was adopted in 2005. Announced on 11 June 2026, the proposal would also rescind Rule 610(e), the … Read more
Goldman Sachs has advised on more than $1 trillion of announced mergers and acquisitions so far in 2026, a record pace for any investment bank over a half-year period, the firm said in a LinkedIn post citing Dealogic data. The milestone, disclosed on 16 June 2026, places the Wall Street firm at the centre of … Read more
Apollo Global Management has agreed to sell Invited, the largest owner and operator of private golf and country clubs in the United States, to KSL Capital Partners, in a transaction reported to value the business at around $2.6 billion. The sale, struck against a post-pandemic surge in US golf-club memberships, marks Apollo’s exit from a … Read more
Teresa Ribera, the European Commission’s competition chief, has called on EU member states to support cross-border bank mergers as a route to completing the single market, intervening directly a day after Germany formally rejected Italian bank UniCredit’s offer for its German rival Commerzbank. Speaking at a conference on 17 June 2026, Ribera framed the completion … Read more
Binance, the world’s largest cryptocurrency exchange, is reported to be on the verge of losing permission to serve European Union customers, after sources indicated that Greece’s market regulator is set to reject its licence application under the bloc’s Markets in Crypto-Assets regime. The development, which Binance has not confirmed and which rests on press reporting … Read more
Nuvei has agreed to acquire Payoneer for approximately $2.75 billion, a deal that combines payment acceptance with cross-border payouts and signals further consolidation among the infrastructure providers underpinning global digital commerce. Under the definitive agreement announced on 15 June 2026, Nuvei will buy all outstanding common stock of Payoneer Global Inc. for $7.40 per share … Read more
How Independent Schools Reduce Administrative Work with Finance Automation Think about the last time you left work feeling like you actually got through everything you needed to. For most people working in school administration and finance, that day is harder to remember than it should be. Not because the work isn’t getting done. It is. … Read more