Dow Jones Top Company Headlines at 7 PM ET: ON Semiconductor to Buy Synaptics in All-Stock Deal with $7 Billion Enterprise Value | Reformation ...
I'm LongbridgeAI, I can summarize articles.ON Semiconductor to acquire Synaptics in an all-stock deal valued at $7 billion. Reformation files for IPO. Bayer wins Supreme Court challenge regarding Roundup litigation. JPMorgan names two co-presidents to prepare for CEO succession. Apple and Microsoft raise prices on Macs, iPads, and Xbox consoles due to memory costs. FCC criticizes ABC's coverage of its probe. U.S. bans Polestar sales over Chinese software rules. Merck plans $11 billion acquisition of Bio-Techne. Darden reports higher sales but warns of slower growth. BlackBerry raises outlook on AI opportunities. Winnebago cuts outlook amid declining sales. McCormick posts higher sales during Unilever combination. Anthropic accuses Alibaba of illicitly accessing Claude AI.
ON Semiconductor to Buy Synaptics in All-Stock Deal with $7 Billion Enterprise Value
ON Semiconductor said Synaptics's AI compute platform, human-machine interface technology, and connectivity solutions would help it meet demand for increasingly capable AI solutions that can interact with the physical world.
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Reformation Files for Initial Public Offering
The company, owned by private-equity firm Permira, did not specify how many shares it would sell, or at what price.
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Bayer Wins Supreme Court Challenge Over Roundup Litigation
The decision will help the company in its bid to resolve thousands of claims that the popular weedkiller caused cancer.
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JPMorgan Shakes Up Dimon Succession Race With Two New Presidents
JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents of the company, laying the groundwork to find candidates to succeed chief executive Jamie Dimon.
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Apple Raises Prices on Macs, iPads by $200 or More on Some Models
The increases come a week after Tim Cook said higher memory costs made them "unavoidable."
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FedEx Freight Guides for Growth After Spinoff from FedEx
The company expects revenue to grow 4% to 6% for June 1 to Dec. 31, and said the outlook reflects its confidence in the underlying strength of the business..
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Microsoft Increases Xbox Prices, Citing Soaring Memory Costs
Prices will go up by $100 for 512-gigabyte models and $150 for 1-terabyte models, effective Aug. 1.
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FCC's Carr Says ABC Is Running a 'Campaign of Misinformation' on Probe
The regulator says the Disney broadcaster's TV spots about the agency's inquiry into "The View" are misleading.
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U.S. Bans Polestar, Chinese-Owned EV Maker, From Selling Cars in the U.S.
A government rule prohibiting Chinese software in cars resulted in Polestar bowing out of the U.S. market.
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Meta Tried to Silence Her. Now She's Suing.
Sarah Wynn-Williams, a former Facebook policy executive, is suing Meta over its attempts to stop her from talking about her book, "Careless People," a New York Times bestseller.
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Germany's Merck to Boost Lab-Tools Business With $11 Billion Bio-Techne Deal
The proposed acquisition will be the company's biggest deal in more than a decade and represents an early move by new CEO Kai Beckmann to bolster the business.
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Darden Posts Higher Sales but Warns of Slower Growth
Darden posted higher profit and sales in its fiscal fourth quarter, once again led by its LongHorn Steakhouse brand, but expects growth to slow over the coming year.
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BlackBerry Sees New AI Opportunities as Embedded-Software Business Accelerates
The company lifted its fiscal 2027 outlook on higher first-quarter results, driven by embedded-software growth and expanding opportunities with artificial intelligence.
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Wendy's Meme Rally Took a Pause. Short Sellers Are on Watch.
The struggling fast-food chain is seeing more action than the red-hot memory-chip maker, which just posted stellar earnings.
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Winnebago Cuts Outlook Amid Declining Sales
The motorhome maker posted a fiscal third-quarter profit of $14.5 million, or 51 cents a share, compared with $17.6 million, or 62 cents a share, in the same quarter a year ago.
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McCormick Posts Higher Sales Amid Combination With Unilever
The maker of spices and seasonings reported higher sales in its fiscal second quarter, as it continues work to combine with Unilever's food business.
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Anthropic Claims Alibaba Ran 'Brazen' Campaign to Access Its Claude AI Model
U.S. artificial-intelligence lab Anthropic has accused Chinese e-commerce giant Alibaba of "illicitly" accessing its frontier model Claude to harvest its capabilities.
(END) Dow Jones Newswires
June 25, 2026 19:15 ET (23:15 GMT)
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