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Friday, October 16, 2026

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Also in this edition

One Research Firm Puts Regenerative Medicine at $41 Billion, Heading for $162 Billion. Dr. David Borenstein on Why the FDA Keeps Cracking Down on Unproven Clinics.Penske Automotive Agreed to Be Taken Private at $212 a Share, a $16.3 Billion Enterprise Value. The Premium Is 8.8 Per Cent, and Its Two Buyers Are Also Its Two Largest Holders.Labcorp Will Pay $722 Million in Cash for the Core of BioReference Health, About 2.9 Times the Revenue It Expects. OPKO Gets Up to $150 Million More if One Prostate Test Sells.Japan Will Pay Up to $21 Billion for Two New Fabs in Upstate New York. GlobalFoundries Will Run Them, and Washington Will Own About 4 Per Cent of the Company.Philadelphia Factories Fell to 20.9 in October From 37.8, but Prices Received Hit a 17-Month High. 52.2 Per Cent of Firms Plan to Spend More Next Year and None Plan to Spend Less.

Markets

S&P 5007,711.37−0.42%
Nasdaq26,371.33−1.28%
Dow52,296.54+0.23%
10-yr yield5.08%−0.24%
Crude$95.47−1.07%

At the close · Oct 16

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© 2026 Cranberry Journal. All rights reserved. An independent publication; reporting, analysis and opinion published here reflect the work of its editorial staff and contributors.