financetom
Business
financetom
/
Business
/
Top Midday Stories: Sempra to Sell 45% Stake in Infrastructure Unit for $10 Billion; Medical Experts Criticize Trump's Tylenol-Autism Claims
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Top Midday Stories: Sempra to Sell 45% Stake in Infrastructure Unit for $10 Billion; Medical Experts Criticize Trump's Tylenol-Autism Claims
Sep 23, 2025 9:08 AM

11:54 AM EDT, 09/23/2025 (MT Newswires) -- The Dow Jones was up, while the S&P 500 and Nasdaq Composite were down around midday trading Tuesday, a day removed from all three indexes closing at all-time highs, according to media reports.

In company news, Sempra ( SRE ) said Tuesday it agreed to sell a 45% equity interest in Sempra Infrastructure Partners to affiliates of KKR (KKR) for $10 billion in cash. The deal is expected to close between Q2 and Q3 in 2026, the company said. After the deal closes, a KKR-led consortium will be the majority owner of Sempra Infrastructure Partners, holding a 65% stake. Sempra ( SRE ) will hold a 25% stake, and Abu Dhabi Investment Authority will hold the remaining 10%. Sempra ( SRE ) shares were up 4.2% around midday, while those of KKR were up 1.9%.

Shares of Kenvue ( KVUE ) were up on Tuesday morning after medical experts criticized President Donald Trump for urging pregnant women to avoid taking acetaminophen, the active ingredient in the company's Tylenol drug. Trump said Tylenol use by pregnant women can be associated with a "very increased" risk of autism, according to media reports. In response to the president, the American College of Obstetricians and Gynecologists issued a statement that said, in part, that suggestions that "acetaminophen use in pregnancy causes autism are not only highly concerning to clinicians but also irresponsible when considering the harmful and confusing message they send to pregnant patients, including those how may need to rely on this beneficial medicine during pregnancy." Kenvue ( KVUE ) shares were up 3.2%.

Trump said late Monday on Truth Social that Boeing ( BA ) has signed a deal worth $8 billion to provide Uzbekistan Airways with 22 787 Dreamliners. Separately, Boeing ( BA ) and Lockheed Martin ( LMT ) are critical to Turkey's plan to buy hundreds of airliners and fighter jets while securing local production deals for jet parts worth over $10 billion, Bloomberg reported Monday, citing people familiar with the matter. Also, Boeing ( BA ) has proposed concessions to the EU to gain approval for its $4.7 billion purchase of Spirit AeroSystems ( SPR ) , Reuters reported Tuesday, citing an update to the European Commission website. Boeing ( BA ) shares were up 1.9%, while those of Lockheed and Spirit were up 0.1% and 2%, respectively.

Price: 85.89, Change: +3.52, Percent Change: +4.27

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
YSX Tech, XUnit Sign MoU to Build Compliance-Driven Real-World Asset Standardization Platform
YSX Tech, XUnit Sign MoU to Build Compliance-Driven Real-World Asset Standardization Platform
Sep 16, 2025
08:25 AM EDT, 09/16/2025 (MT Newswires) -- YSX Tech ( YSXT ) said Tuesday it has signed a memorandum of understanding with XUnit to jointly build a compliance-driven real-world asset standardization platform for a secure and transparent global digital asset circulation model. The companies plan to work together on the standardized tokenization of real-world assets, Web3 financing and digitization of...
Verde AgriTech Wins Patent for Advanced Fertilizer Production Technology
Verde AgriTech Wins Patent for Advanced Fertilizer Production Technology
Sep 16, 2025
08:26 AM EDT, 09/16/2025 (MT Newswires) -- Verde AgriTech ( VNPKF ) , a specialty multi-nutrient potassium fertilizer innovator offering tailored solutions to support sustainable farming practices, Tuesday said its unit, Verde Fertilizantes LTDA, was granted a Brazilian patent for its industrial process, which produces powdered, granulated, or micro-granulated mineral fertilizers enriched with biological additives. The company said the patent,...
Mira Pharmaceuticals Says Ketamir-2 Restores Normal Behavior in Stressed Rats
Mira Pharmaceuticals Says Ketamir-2 Restores Normal Behavior in Stressed Rats
Sep 16, 2025
08:26 AM EDT, 09/16/2025 (MT Newswires) -- Mira Pharmaceuticals ( MIRA ) said Tuesday that its oral drug candidate Ketamir-2 restored normalized behavior in stressed rats in a proof-of-concept study using an accepted model for post-traumatic stress disorder. The drug is currently under evaluation in an ongoing phase 1 clinical trial for neuropathic pain, where it has shown a favorable...
BRIEF-UK's CMA Announces Start Of Merger Investigation Into Global Payments / Worldpay Deal
BRIEF-UK's CMA Announces Start Of Merger Investigation Into Global Payments / Worldpay Deal
Sep 16, 2025
Sept 16 (Reuters) - UK's CMA: * COMPETITION AND MKTS - MERGER UPDATE: GLOBAL PAYMENTS ( GPN ) / WORLDPAY * UK'S CMA: START OF CMA MERGER INVESTIGATION: GLOBAL PAYMENTS ( GPN ) / WORLDPAY MERGER INQUIRY * UK'S CMA: DEADLINE OF 11 NOVEMBER 2025 FOR ITS PHASE 1 DECISION ON GLOBAL PAYMENTS / WORLDPAY MERGER INQUIRY Source text: Further...
Copyright 2023-2026 - www.financetom.com All Rights Reserved