Bank OZK raises quarterly dividend by 2.1% to $0.49/share (NASDAQ:OZK)

AstraZeneca (AZN) invested $2 billion in Summit Therapeutics for a 12% stake and a clinical collaboration. AZN's U.S. shares dropped 1.7% to $158.80. The deal focuses on testing a new cancer-drug combination, with trials expected to start soon. AstraZeneca is 12.67% below its GF Value estimate, according to the article.

AIB Data Centers Inc. secured a 12-year, 50 MW contract with Nebius, funding construction without new equity. Project is underway, with first data hall expected in 10 months. Management projects 90% EBITDA margins and rising valuation.

Lyft agreed to pay $272.5 million to settle a California lawsuit alleging misclassification of drivers as contractors. The settlement, pending approval, covers violations from 2016 to 2020. Lyft aims to avoid litigation costs. Drivers may receive funds, as the state waives its share. Proposition 22 currently exempts gig companies from classifying drivers as employees.

Agi Inc.'s unit Agibank raised R$2.1B via FIDC Agibank III, with a 132-month maturity at CDI+1.05% p.a. The issuance is backed by INSS payroll-deductible loans and rated 'AAA.br' by Moody's Local. This funding supports Agibank's payroll-deductible lending scale-up. Investors should watch for take-up, pricing, and impacts on net interest margins in future results.

Paramount Skydance (PSKY) shares fell nearly 10% to $9.34 after announcing $41B in debt financing for its Warner Bros. Discovery acquisition. The company's P/S ratio is 0.37, below its historical median, and its GF Score is 62/100, indicating moderate fundamentals with weaknesses in growth and financial strength. Institutional investors have mixed sentiment, with some trimming positions.

Nike announced a restructuring plan, Pace, to streamline operations and save $2.5B by fiscal 2031. The company expects $1B in pre-tax restructuring charges, with $300M in the current fiscal year. Workforce reductions will begin in 2027, but specific numbers and locations are not yet determined. Nike will reorganize into three regional divisions, moving some jobs overseas.