06:33 AM EDT, 08/20/2025 (MT Newswires) -- Lowe's (LOW) said Wednesday it has agreed to acquire interior building product distributor Foundation Building Materials for about $8.8 billion in cash. Lowe's expects to use short- and long-term debt to fund the deal, which is expected to close in Q4 The company said it expects the deal to be accretive to adjusted...

06:35 AM EDT, 08/20/2025 (MT Newswires) -- Commerzbank in its European Sunrise note of Wednesday highlighted: Markets: United States Treasuries weaken in late New York session, move sideways in Asia. E-minis continue to weaken after SPX closed lower in tech selloff, Asian equities mostly in the red. EUR hovers around $1.163, Brent at $66/barrel. Fed: Fed Vice Chair for Supervision...

06:34 AM EDT, 08/20/2025 (MT Newswires) -- Grab Holdings ( GRAB ) ride-hailing app ran into a temporary glitch in Singapore and Malaysia Wednesday that saw ride prices spike more than a hundred times, multiple media channels reported Wednesday. Grab Holdings ( GRAB ) issued a statement stating the issue has been resolved and the app is functioning as usual,...

06:36 AM EDT, 08/20/2025 (MT Newswires) -- EnCore Energy (EU) said Wednesday that it has set the pricing of $100 million of 5.50% convertible senior notes due 2030 in a private offering to qualified institutional buyers. The company said the offering was upsized from the previously announced offering size of $75 million of convertible notes. EnCore said it has granted...