PTC Soars 33% on $22.6 Billion All-Cash Schneider Electric Buyout: “Certain and Compelling Value”
Schneider Electric agreed to acquire PTC for $205 per share in cash, about $22.6 billion in equity value and $23.7 billion including net debt, a 42.3% premium to Friday’s $144.03 close. PTC shares jumped 33% and still trade roughly 6% below the offer price. The transaction is expected to close by Q3 2027, subject to shareholder approval and regulatory clearance. Yahoo Finance
Why C.H Robinson Stock Was Tumbling Today
C.H. Robinson announced plans to acquire RXO for $5.8 billion including debt, funded 57% in cash and 43% in stock with roughly $3 billion of new debt; its shares fell 12.7% and RXO gained 21.9%. Management projected $300 million in net run-rate cost synergies within two years and accretion to adjusted EPS within nine months. The article said investors focused on the new debt, the leverage ratio and the planned pause in share repurchases until leverage reaches 1.75x to 2.25x adjusted EBITDA. The Motley Fool
Stock Market Today, Oct. 5: Tech Momentum Lifts Nasdaq as Treasury Yields Surge
The Nasdaq Composite rose 1.05% to 27,477, the S&P 500 gained 0.66% to 7,774 and the Dow added 0.18% to 51,268. The 10-year Treasury yield rose to 5.31%, its highest level since 2002 per the article, while risk appetite improved after softer-than-expected jobs data last week reduced expectations for a Fed rate hike this month. The Motley Fool
| Asset | Close | Chg | % |
|---|---|---|---|
| S&P 500^GSPC | 7,773.95 | +51.23 | +0.66% |
| Nasdaq Composite^IXIC | 27,477.31 | +286.45 | +1.05% |
| Dow Jones^DJI | 51,267.90 | +90.94 | +0.18% |
| CBOE Volatility Index^VIX | 15.52 | +0.21 | +1.37% |
| U.S. Dollar IndexDXY · 4:00 PM ET | 102.14 | +0.26 | +0.25% |
| Brent CrudeICE Dec '26 · 2:30 PM ET settle | $100.32 | -$1.93 | -1.89% |
| GoldCOMEX Dec '26 · 1:30 PM ET | $4,157.40 | -$5.20 | -0.12% |
| Tenor | Close | Chg | % |
|---|---|---|---|
| 1-MonthT-bill | 4.05% | +1bp | +0.25% |
| 3-MonthT-bill | 4.22% | +3bp | +0.72% |
| 6-MonthT-bill | 4.30% | +3bp | +0.70% |
| 1-YearT-note | 4.47% | +1bp | +0.22% |
| 2-YearT-note | 4.84% | +1bp | +0.21% |
| 5-YearT-note | 5.06% | 0bp | 0.00% |
| 10-YearT-note | 5.31% | +3bp | +0.57% |
| 30-YearT-bond | 5.66% | +3bp | +0.53% |