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29.04.26 - 02:06
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Pershing Square Announces Pricing of the Combined IPO of Pershing Square USA and Pershing Square Inc. (Business Wire)
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Aggregate offering size of $5 billionNEW YORK--(BUSINESS WIRE)--Pershing Square USA, Ltd. (“PSUS”), an investment company managed by Pershing Square Capital Management, L.P. (“PSCM”), and Pershing Square Inc. (“PSI”), the parent company of PSCM, today announced the pricing of the combined initial public offering (the “PSUS IPO”) of the common shares of beneficial interest of PSUS (the “PSUS Shares”) and the initial public offering (the “PSI IPO”, and together with the PSUS IPO, the “Combined IPO”) of the common stock of PSI (the “PSI Shares”).
The PSUS Shares and the PSI Shares are expected to begin trading on the New York Stock Exchange (NYSE) on April 29, 2026, under the symbol “PSUS” for the PSUS Shares and under the symbol “PS” for the PSI Shares. The Combined IPO is expected to close on April 30, 2026, subject to the satisfaction of customary closing conditions.
In connection with the closing of the Combined IPO, PSUS and PSI expect to close the previously anno...
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29.04.26 - 01:12
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UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns (The Guardian)
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Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflictBritain is facing a £35bn economic hit and the risk of a recession this year as the fallout from the Iran war adds to the pressure on Keir Starmer's government, a leading thinktank has warned.The National Institute of Economic and Social Research (Niesr) said that even under a best-case scenario the UK economy would grow at a much slower pace this year and next because of the Middle East conflict. Continue reading......
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29.04.26 - 01:00
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Luxfer (LXFR) Tops Q1 Earnings Estimates (Zacks)
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Luxfer (LXFR) delivered earnings and revenue surprises of +35.00% and -0.71%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?...
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