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Apogee Enterprises agreed to acquire Latvia-based GroGlass for up to €62.5 million, with the deal expected to close in the third quarter of fiscal 2027.
LTC Properties completed a $200 million acquisition of four Minnesota senior-housing communities on September 2, expanding its operating partnership portfolio with projected low-to-mid-teens returns.
Solaris Energy Infrastructure shares jumped 16.29% to close at $63.96 after raising its second-half adjusted EBITDA guidance, with hedge fund holdings surging 32.7% to $1.3 billion.
Taiwan Semiconductor Manufacturing Co. reported record August revenue of $16.35 billion, up 53.3% year-over-year, driven by strong demand for AI chips.
Macy’s reported second-quarter comparable sales growth of 2.7% and raised full-year guidance, with CEO Tony Spring citing six consecutive quarters of better-than-expected performance as the turnaround gains momentum.
Mortgage rates surged to 6.87% on Monday, the highest since June 2025, as Middle East tensions and rising oil prices pushed bond yields higher, pricing out potential homebuyers.
