Constellation Brands has priced a $500 million offering of 4.85% senior notes due 2031 at nearly par (99.943%). The company plans to use the proceeds, along with other funds, to redeem $600 million of its 3.7% senior notes due in 2026 and for general corporate purposes. The new notes will rank equally with existing senior unsecured debt. The offering is expected to close on May 6, 2026, helping Constellation manage its debt maturity profile and maintain financial flexibility.
Virtuals Protocol has introduced programmable agent wallets that enforce owner-set spending limits and kill switches at the signing layer, protecting funds from AI prompt injection attacks. These wallets operate independently of the AI's decision-mak...
Nvidia is strategically investing in the AI ecosystem by subsidizing major AI infrastructure projects, similar to how a nation-state might operate. This approach is aimed at expanding its future market and creating a strong competitive moat. Early si...
Comvita reported a net profit after tax (NPAT) of $7.7 million for the fiscal year ending June 30, 2026, marking a return to profitability. The company also significantly reduced its debt, normalized inventory levels, and restored positive cash flow....
Six months after the US and Israel launched combat operations in Iran, the conflict remains a stalemate with no clear resolution. The Trump administration has shifted from military action to economic pressure, including secondary sanctions, aiming to...
The U.S. SEC declared Evernorth Holdings' Form S-4 registration effective, allowing Armada Acquisition Corp. II shareholders to vote on the proposed merger on September 30, 2026. This merger would create a Nasdaq-listed company under the ticker XRPN,...
