Finance

MDA Space (MDA.TO) agreed to buy Blue Canyon Technologies from RTX Raytheon for $620M in cash. Yahoo Finance carried the Reuters report on June 19; MDA shares were quoted 6.29% higher after the announcement.

Two SEC/CFTC requests dated June 18 put swaps definitions and security-based swap reporting into a 60-day Federal Register comment window. The review targets Title VII interpretive lines, mixed swaps, novel products, and reporting calibration across SEC and CFTC markets.

Intertek (ITRK.L) agreed to a recommended EQT-backed cash acquisition implying £10.7B of enterprise value. The package gives shareholders £60.00 in cash plus a 107.7p FY25 final dividend, or £61.077 per share in total value.

The Bank of England held Bank Rate at 3.75% in a 7-2 vote, with Megan Greene and Huw Pill backing a 25 bp hike to 4%. The June minutes point to 2.8% CPI, tighter financial conditions and energy-price volatility as the policy trade-off.

Rathbones (RAT.L) fell 17% after a Skilled Person Review linked to FCA engagement triggered a 12-month pause on some high-risk client onboarding and inflows. The affected flow base totals about £900M, with £60M of expected costs over two years.

BMW (BMW.DE) fell about 8% after cutting its 2026 automotive EBIT margin outlook to 1-3% from 4-6%. The company cited a deeper China slowdown, Middle East conflict costs and a second-half restructuring charge.

Yum Brands $YUM agreed to sell Pizza Hut in two transactions worth about $2.7B: $1.5B for ex-China operations and $1.2B for China. The company also approved an incremental $4B share-repurchase authorization.

The Bank of Japan raised its money-market guideline to around 1.0%, a 25 bp move from 0.75%, with a 7-1 Policy Board vote. The statement tied the move to faster crude-oil pass-through, rising medium- to long-term inflation expectations and still-negative real rates.

$ROKU traded at $143.66, up 20.0% at 12:46 UTC, after Fox Corporation agreed to acquire Roku for $160.00 per share. The cash-and-stock deal values Roku at about $22B in enterprise value.

Bridgepoint $BPT is preparing a potential sale of Danish counter-drone company MyDefence at roughly $1B, the FT reported on June 14. The report says an adviser has been hired for a possible year-end auction and that MyDefence sales are poised to more than double this year.

WTI crude settled 3.2% lower at $84.88 and Brent lost 3.4% to $87.33 after a senior Trump administration official put the odds of a U.S.-Iran Hormuz reopening agreement at 80%.

The SEC proposed rescinding Regulation NMS Rules 611 and 610(e), removing the trade-through prohibition and locked/crossed-quote restrictions for NMS stocks, with comments due 60 days after Federal Register publication.