Boots Increases Dollar Loan Offering, Further Trims Bond Size
The pharmacy chain upsized its dollar-denominated term loan B on Thursday to $1 billion from $750 million. It also trimmed its secured notes by $250 million-equivalent. As a result, the Boots Group 's total term loan B package now stands at $3 billion-equivalent, up from $2.75 billion.
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Why AT&T Stock Jumped Today
Key Points AT&T stock got a lift from Verizon's recently published second-quarter report. Verizon published Q2 sales and earnings that beat the market's expectations. AT&T reports earnings tomorrow, and investors think that Verizon's recent performance is a positive indicator. 10 stocks we like better than AT&T › AT&T (NYSE: T) stock moved higher in Monday's trading. The telecommunications company's share price gained 1.6% in the daily session amid a 0.1% gain for the S&P 500 index and a 0.3% gain for the Nasdaq Composite index. In addition to some positive momentum for the broader market, AT&T stock actually got a lift from its biggest competitor's latest earnings report. Verizon published its second-quarter results before the market opened today, and investors saw its numbers as a bullish indicator for the broader telecom space. AT&T stock climbed thanks to Verizon's Q2 results today AT&T saw significant bullish momentum connected to Verizon's Q2 results today even though the two companies are competitors. Verizon reported non-GAAP earnings per share (EPS) of $1.22 on revenue of $34.5 billion, topping the average Wall Street estimates for per-share earnings of $1.19 on revenue of $33.79 billion. The company's sales grew 5% year over year and came in significantly better than anticipated; investors interpreted the result as a positive indicator for AT&T. What's next for AT&T? AT&T is scheduled to publish its own Q2 results before the market opens tomorrow. While expectations surrounding the results may be elevated by Verizon's better-than-anticipated Q2 performance, there seems to be a good chance that AT&T will also post a fairly strong performance in the period. According to the average analyst estimate as surveyed by Zacks, AT&T is projected to post EPS of $0.51 on sales of $30.53 billion. While EPS would be down roughly 10.5%, revenue would be up approximately 2.5% based on the target. Notably, these projections were compiled prior to Verizon's Q2 report, so it's possible results will also top the market's expectations. Should you buy stock in AT&T right now? Before you buy stock in AT&T, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AT&T wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Keith Noonan has positions in AT&T. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy. Why AT&T Stock Jumped Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Rover Group Announces Binding Scheme Implementation Deed with Mad Paws, Australia's Leading Online Pet Care Marketplace
The transaction would mark Rover's expansion into Australia, adding Mad Paws' network of over 300,000 pet parents and 70,000 pet care providers to the Rover Group family SEATTLE, July 21, 2025 (GLOBE NEWSWIRE) -- Rover, the world's largest online marketplace for loving pet care, today announced it has entered into a Scheme Implementation Deed (SID) with Mad Paws, under which it is proposed that Rover will acquire 100% of the shares on issue in Mad Paws, by way of scheme of arrangement. Implementation of the scheme would further Rover's international expansion, enabling Rover Group to offer services in the Australian market for the first time. Founded in 2015, Mad Paws operates Australia's leading online pet ecosystem, connecting pet owners with a network of high-quality services and products, including pet sitting, walking, day care, training and grooming services. The Mad Paws platform supports over 300,000 active pet parents and 70,000 registered pet care providers throughout Australia, facilitating over 400,000 transactions in 2024. 'We are delighted by this announcement and look forward to welcoming Mad Paws to the Rover family. The Mad Paws team has done an impressive job scaling to become the leading pet care marketplace in Australia and we're excited to join forces and help them accelerate the next phase of their journey,' said Brent Turner, CEO of Rover. 'This transaction marks a pivotal moment for Rover's international growth and underscores our global leadership in the pet care space. With a pet market worth approximately A$30 billion, Australia represents a significant market opportunity beyond North America and Europe. As we expand globally, we remain focused on seeing and serving the unique needs of every pet and ensuring they're all met with trusted care.' 'Rover and its team have led the way in the pet care space since 2011 and we couldn't be more thrilled to partner with them,' said Justus Hammer, Group CEO, Executive Director and Co-founder of Mad Paws. 'Like Rover, Mad Paws has been working to break down the barriers to pet parenthood so that everyone in Australia can experience the joy of having a pet in their lives. We're proud of the network of pet lovers we've built over the last decade, and we're excited to tap into Rover's experience as we continue striving towards our collective goal.' Following implementation of the scheme, it is intended that Mad Paws will continue to operate as its own brand based in Sydney, Australia, led by Justus Hammer, Group CEO, Executive Director and Co-founder of Mad Paws. Under the SID, it is proposed that Rover will acquire 100% of the shares on issue in Mad Paws (Mad Paws Shares), by way of scheme of arrangement. If the scheme is implemented, Mad Paws shareholders will receive A$0.14 per Mad Paws Share in cash, which implies a total transaction equity value for Mad Paws of approximately A$62 million on a fully-diluted basis¹ and includes approximately A$13M of cash proceeds expected to be received from the proposed sale by Mad Paws of the Pet Chemist business as outlined in Mad Paws' announcement. The board of directors of Mad Paws has unanimously recommended that shareholders vote in favor of the transaction, subject to no superior proposal emerging and an independent expert concluding (and continuing to conclude) that the scheme is in the best interest of Mad Paws shareholders. Implementation of the scheme is subject to completion of the divestment of Mad Paws' Pet Chemist business and closure or deregistration of the residual e-commerce businesses operated under the Sash and Waggly brands, as well as Australian Foreign Investment Review Board approval and other customary conditions, including Mad Paws shareholder and Australian court approvals. Herbert Smith Freehills Kramer is acting as legal counsel to Rover. Talbot Sayer is acting as legal counsel to Mad Paws and Highbury Partnership is acting as financial advisor to Mad Paws. About RoverFounded in 2011 and based in Seattle, Washington, Rover is the leading online marketplace for loving pet care. Rover connects pet parents with pet care providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, including doggy daycare, dog walking, and drop-in visits. Rover's existing global footprint spans 16 countries, including North America (US and CA), Europe (UK, IE, FR, ES, DE, IT, CH, NL, SE, NO, DK, BE, AT and FI) and soon, subject to implementation of the scheme, Australia. To learn more visit About Mad PawsMad Paws operates Australia's leading online pet ecosystem, connecting pet owners with an ecosystem of high-quality services and products. The Mad Paws marketplace is the leading online platform for pet owners to book their pet sitting, walking, day care and grooming services, with 70,000 registered pet carers Australia wide. With over two million pet care services since inception the Mad Paws pet services marketplace is the leading marketplace of its kind in Australia. Press Contact: Kristin Sandberg pr@ 1Based on 442,961,915 fully diluted shares, comprising (1) 406,242,258 issued ordinary shares at the date of this announcement, (2) 8,813,480 ordinary shares expected to be issued prior to the record date for the Scheme under Mad Paws' Employee Share Plan to (i) satisfy remaining Mad Paws' obligations to issue shares to senior management and Directors of Mad Paws as approved at the 2024 AGM; and (ii) in lieu of payment of sacrificed directors' fees and executive remuneration for the period October 2024 to April 2025 (subject to shareholder approval) and (3) 27,906,177 shares expected to be issued on exercise of outstanding in the money options prior to implementation of the in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Jonas Valanciunas confirms he will play for Denver this season
Jonas Valanciunas' flirtation with Greek powerhouse Panathinaikos was real and they reportedly were willing to offer three years, $13 million (one of the largest contracts on the continent). The problem for Valanciunas: He was already under contract to the Denver Nuggets, who had traded for his rights from the Sacramento Kings. Denver had no intention of buying out Valanciunas, he is the best backup center Nikola Jokić will have ever had and a key part of the depth the team added over the summer to chase another ring. Valanciunas confirmed he is committed to the Nuggets next season, speaking to Donatas Urbonas of "I want to clear the air about my playing situation next season now that Denver has made their decision to keep me. The idea of playing for Panathinaikos, closer to home, was very exciting to me, but that will have to wait. I am fully committed to honoring my contract with the Nuggets this season and will give it my all to compete for a championship." Valanciunas is under contract for $10.4 million for this season, and he has a non-guaranteed $10 million for the 2026-27 season. After Denver made the trade to acquire the veteran center from Lithuania, general manager Ben Tenzer said he spoke with Valanciunas and his representatives, stating that they wanted him to play with them this season and that there was no intention to buy him out. (For Valanciunas to play in Greece next season would have required Denver to agree to a buyout to make him a free agent, FIBA rules do not permit a player under contract in one league to just sign a contract with another.) Valanciunas is critical to Denver's plans next season, which is why there was never a plan to buy him out of his contract. For a number of years — including during their championship run in 2023 — the Nuggets have fallen off sharply in the minutes Jokic was off the court. Last season, the Nuggets had a -8.5 net rating in the non-Jokic minutes, and in the 2023 championship season, it was even worse, at -9.9. Valanciunas helps change that because he is a skilled big man who can serve as the hub of an offense, executing dribble handoffs while midrange shots (inside 15 feet). Paired with Peyton Watson, Tim Hardaway Jr., Bruce Brown, and the emerging Julian Strawther, the Nuggets have real depth for a change.
