Dow Jones Top Company Headlines at 9 AM ET: Home Depot to Buy GMS for $4.3 Billion | AbbVie …

Home Depot to Buy GMS for $4.3 Billion

Home Depot will buy building-products distributor GMS for about $4.3 billion.

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AbbVie Agrees to Acquire Capstan Therapeutics for $2.1 Billion

AbbVie agreed to acquire Capstan Therapeutics, including its lead asset, for $2.1 billion in cash.

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Boeing’s $4.7 Billion Spirit AeroSystems Deal Faces U.K. Antitrust Probe

The investigation threatens to delay or quash a takeover that could improve the safety and quality of Boeing’s manufacturing.

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UBS Launches Buyback of Up to $2 Billion

The buyback program delivers on UBS’s plans to hand money back to shareholders after the Swiss government proposed tougher capital rules for the bank earlier this month.

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Stanley Black & Decker Names Nelson to Succeed Allan as CEO

Stanley Black & Decker has designated Christopher Nelson to succeed Donald Allan Jr. as president and chief executive of the tool maker, effective Oct. 1.

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Digital Workers Have Arrived in Banking

Financial services companies like BNY and JPMorgan say AI’s capabilities are taking more and more cues from the way humans work.

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Avadel Shareholder Seeks Ousting Drugmaker’s Entire Board

ASL Strategic Value Fund wants the narcolepsy drugmaker to retain investment bankers and consider a sale.

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Delta Air Lines Works to Recover After Storms Snarl Weekend Travel

Rough weather struck the carrier’s Atlanta hub. Airlines have canceled more than 2,800 U.S. flights since Friday.

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Goldman Sachs Scraps Plans to Build Hotel Brand in Greece

The firm had big ambitions for three resorts with views of the Aegean Sea. It recently sold the properties, barely breaking even.

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KKR to Sell Stake in Indian Pharma Company for $1.4 Billion

The private-equity firm has agreed to sell its entire stake in India-listed J.B. Chemicals & Pharmaceuticals to Torrent Pharmaceuticals.

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Your Next Cruise to Mexico Could Cost More. Here’s Why.

A new passenger tax goes into effect on July 1 as the government negotiates with Royal Caribbean and other companies.

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Don’t Be So Fast to Welcome a Company’s Share Buyback Program

Who do buybacks really benefit? Hint: It’s not primarily the companies that repurchase their own shares, according to a new study.

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Menlo Ventures in Market for Next Set of Funds With AI Focus

The investor in Anthropic and other AI companies is raising about $1.5 billion for new venture funds.

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The Mysterious Billionaire Behind the OnlyFans Porn Empire

Leo Radvinsky is asking as much as $8 billion for the pornography-fueled subscription site he popularized, even as he personally avoids the spotlight.

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The 33-Year-Old Meat Heir Feeding America’s Protein Obsession

JBS overcame scandal to finally secure a listing on the NYSE. Is Wesley Batista Filho ready to be the third generation of family leaders?

(END) Dow Jones Newswires

June 30, 2025 09:15 ET (13:15 GMT)

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