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Lead StoryCompany05:33 PM ET

Enova International And Grasshopper Mutually Terminate Merger Agreement; Co. Makes $4M Cash Payment To Grasshopper Under Termination Agreement

As previously disclosed, on December 10, 2025, Enova International, Inc. (the "Company") entered into the Agreement and Plan of Merger, as amended on December 18, 2025 (as amended, the "Merger

Why it
matters

Enova and Grasshopper stopped their plan to join together as one company. Enova paid Grasshopper $4 million as part of ending their agreement, which shows the deal did not work out.

AI-Generated · Educational · Not Advice
Read full story →Source · Benzinga
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Latest18 stories
04:32 PM ETCompany

Hyperscale Data Announces Plan For Its askROI Subsidiary To Go Public In Q2 Or Q3 Of 2027; Milton "Todd" Ault III To Step Down As CEO Of askROI; Joseph Spaziano Expected To Be Appointed CEO

WhyHyperscale Data plans to spin off its askROI business to go public in 2027. This means the company is splitting into two separate companies that investors can own individually.
GPUSSource · Benzinga
Neutral
04:26 PM ETCompany

Shah Capital Cuts Novavax Stake To 6.39%, Sells 2.87M Shares At Average Price Of $11.35/Share, Restructures Holdings Into Family Office

WhyA big investor in Novavax sold millions of shares and reduced their ownership stake. This shows the investor is reshuffling their money into a family office structure.
NVAXSource · Benzinga
Neutral
04:23 PM ETCompany

Eli Lilly Takes 19.9% Stake In TRex Bio With 5.48M Shares, Investing $12.3M In IPO

WhyEli Lilly, a big medicine company, bought a large piece of TRex Bio. This shows Eli Lilly believes in TRex and wants to help it grow.
TRXBLLYMMMSource · Benzinga
Neutral
04:15 PM ETCompany

Anthropic In Talks with NYC Comptroller After He Demands an IPO Delay

WhyA New York City official asked Anthropic to wait before going public. Now they are talking about his concerns.
Source · Benzinga
Neutral
03:23 PM ETCompany

'SoftBank Is Said to Weigh Buying Top US Security Firm Allied' - Bloomberg News

WhySoftBank is thinking about buying a big US security company. When large companies explore big purchases, it can signal confidence in a business area.
SFTBYSource · Benzinga
Neutral
11:30 AM ETCompany

S. Korean Publication MTN Reports Samsung Foundry Eyes Silicon Photonics Technology Company Called 'Optical (Light) Semiconductor' To Close Advanced Packaging Gap With TSMC

WhySamsung is looking at a new technology called light semiconductors. This could help Samsung catch up to a big competitor in making computer chips.
SSNLFTSMSource · Benzinga
Neutral
11:02 AM ETCompany

Phillips 66 Raises Quarterly Dividend From $1.27 To $1.33 Per Share

WhyPhillips 66 decided to pay its owners a little more money each quarter. When a company raises its payment to owners, it often means the business is doing well.
PSXSource · Benzinga
Bullish
10:10 AM ETCompany

'Anthropic in Discussions With NYC Comptroller After IPO Letter' - Bloomberg

WhyAnthropic is talking with New York City's money manager about going public. When big investors ask questions, it usually means they want to understand the company better.
AMZNGOOGGOOGLSource · Benzinga
Neutral
09:50 AM ETCompany

Trading Halt: Halt status updated at 9:50:00 AM ET: Quotation Resumption: IPO security released for quotation

WhyA new company called CTY just started trading on the stock market today. When a company is brand new, watch how people buy or sell it first.
CTYSource · Benzinga
Neutral
08:10 AM ETCompany

How to Earn $500 a Month From Fifth Third Bancorp Stock Ahead of Q3 Earnings

WhyFifth Third is a bank that pays investors money called a dividend each month. To earn $500 monthly from its dividend, you would need to own a lot of stock first.
FITBSource · Benzinga
Neutral
08:02 AM ETCompany

Odyssey Marine Announces 1-For-25 Reverse Stock Split Effective October 29; SEC Declares American Ocean Minerals Merger Registration Effective, Shareholder Vote Set For December 2

WhyOdyssey Marine is combining 25 old shares into one new share on October 29. Shareholders will vote in December on merging with American Ocean Minerals.
OMEXSource · Benzinga
Neutral
08:01 AM ETCompany

Silicon Motion Technology Raises Annual Dividend From $2 To $2.30 Per ADS

WhySilicon Motion is paying shareholders more money each year. This shows the company feels confident about making good profits going forward.
SIMOSource · Benzinga
Bullish
08:00 AM ETCompany

Ellington Credit Announces $20M Buyback Plan

WhyEllington Credit is buying back 20 million dollars of its own stock. This can mean the company thinks its stock is a good deal right now.
EARNSource · Benzinga
Bullish
07:33 AM ETCompany

Zenta Group Unit ZentoAI To Acquire Controlling Stake In An Unnamed Privately Held Digital Technology Service Provider In Mainland China; Financial Terms Not Disclosed

WhyA Zenta Group company is buying a profitable Chinese tech firm that uses AI and data. This shows the company is investing in newer technology areas that are growing fast.
ZTGSource · Benzinga
Neutral
06:57 AM ETCompany

Bowman Acquires AI Geospatial Solutions Provider dymaptic; Terms Not Disclosed

WhyBowman bought a company called dymaptic that uses AI to help read location data. When companies buy other companies that have useful skills, it can mean they want to grow their business in new directions.
BWMNSource · Benzinga
Neutral
06:40 AM ETCompany

Reported October 15, 'Democratic senators set up vote on blocking Saudi nuclear deal' - The Hill

WhySome U.S. senators want to stop a nuclear deal with Saudi Arabia. This could change which countries buy nuclear fuel and equipment in the future.
CCJKSABNSource · Benzinga
Neutral
06:34 AM ETCompany

Truist Financial Expects Q4 Share Repurchases Of ~$1B; Signed Deal To Sell Lightstream Loans To Carlyle Group For Net Proceeds Of $7.2B; Broader Strategic Review Ongoing

WhyTruist is buying back its own stock and selling a loan business to Carlyle Group. This means the company is reshaping itself and returning money to owners.
TFCCGSource · Benzinga
Bullish
06:24 AM ETCompany

Citizens Increases Share Repurchase Program By $1.3B To $1.95B

WhyCitizens Bank's leaders approved buying back more of their own stock. This usually means they think the stock is a good deal right now.
CFGSource · Benzinga
Bullish

Educational commentary, not financial advice. No outcomes guaranteed. Headlines link to the original publisher.