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The acquisition of Personalis, Inc. (PSNL) by Tempus AI, Inc. (TEM) has been announced at a valuation of $1.5 billion, with PSNL shareholders receiving $16.25 per share. This represents a 6 % premium to Friday’s closing price and a 28 % premium to the 30‑day volume‑weighted average price. The transaction is structured as a 100 % stock deal, with Te...

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Sir Steve Webb advises that those considering large withdrawals do so carefully, ideally based on expert financial advice, and spreading withdrawals across two financial years can significantly reduce the overall tax bill. The Treasury maintains that how and when pension savings are accessed is a personal decision, and people can already take up to...

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Experts attribute this rise to concerns about changes to tax on pensions and an ageing population. Taking money out of a pension pot sooner can lead to income tax liabilities, potentially resulting in higher tax bills than expected. Fully withdrawing funds may also mean losing out on potential investment returns.

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A further 1,772 savers withdrew pots worth between £100,000 and £249,999, incurring at least £27,400 in taxes. The total amount paid in tax by pensioners taking large pension pots was approximately £87 m, a 20% increase from the same period last year.

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The number of savers withdrawing large pension pots has increased significantly in the past six months. Nearly 400 taxpayers paid at least £98,700 in taxes after emptying pension pots worth over £250,000 between October 2024 and March 2025. This represents a 33% increase from the same period last year, prior to the Chancellor's announcement that un...

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Steris Corporation (STE) is a leading provider of infection prevention products and services, with a market capitalization of $20.6 billion. The company is expected to report its fiscal first‑quarter earnings for 2027 soon, with analysts predicting a profit of $2.52 per share on a diluted basis, representing a 7.7% increase from the previous year's...

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The company allocates roughly 20 % of annual revenue to research and development. Recent product releases include AI‑driven offerings such as Temenos AI Agents and Composable Retail Deposits, which automate operations and accelerate innovation. With more than 950 banks worldwide adopting Temenos’ core banking platform, the award reinforces the firm...

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Temenos was named the World's Best Core Banking Solution at the Euromoney Awards for Excellence 2026, marking the second consecutive year of the honour. The accolade highlights the company’s composable core strategy, which allows banks to modernise systems without added risk, and its Design Partner Program that facilitates co‑creation of new capabi...

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EVI Industries (EVI) said Monday it has agreed to acquire Sudsies, marking its entry into the consumer garment care services sector. Financial terms were not disclosed. Garment care company Sudsies, which will become a division of EVI Industries, generated about $21.7 million in revenue for the 12 months ended June 30, EVI said.

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The stock is currently trading at a discount compared with historical levels and industry averages, with an EV/sales multiple of 0.62X versus the past five‑year median of 0.86X and the industry's figure of 7.5X. Despite headwinds from project timing delays and elevated working capital needs, EVI's strong backlog, resilient recurring service revenue...

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