Morgan Stanley

Eagan, Minn. – October 12, 2026 -- Solventum (NYSE: SOLV) said it intends to separate its Health Information Systems business, a healthcare software unit with $1.4 billion in annual sales, and is targeting completion within 12 to 18 months.

The move is the latest step in the company's three-phase transformation strategy. Solventum's Board of Directors and management expect the separation to leave a dedicated MedTech company focused on its MedSurg and Dental Solutions businesses.

Solventum weighs independent, combined or other deal structures

The company is evaluating several separation alternatives: an independent company, a combination with a scaled player in the space, or another transaction. It said it will pursue the structure it believes maximizes shareholder value.

Dallas – October 12, 2026 -- Southwest Airlines Co. (NYSE: LUV) Chief Financial Officer Tom Doxey will take part in a fireside chat at the Morgan Stanley 14th Annual Laguna Conference on September 16 at 12:20 p.m. PST.

Morgan Stanley will webcast the Doxey session live in audio format

The audio-only webcast will be hosted by Morgan Stanley. Investors who cannot attend live can access a replay afterward.

Southwest will publish the webcast link on its Investor Relations page

The link will be available through the Investor Relations section of the Southwest website, under the "About Southwest" menu. The webcast can be found on the Investor Relations homepage or under "Calendar" in the "News & Events" section.

Doxey holds the title of Executive Vice President and Chief Financial Officer at the NYSE-listed carrier.

Columbus – October 12, 2026 -- American Electric Power (Nasdaq: AEP) has launched a registered underwritten offering of $2.6 billion of common stock, structured around forward sale agreements with three banks.

BofA, Goldman Sachs and Morgan Stanley lead the underwriting

BofA Securities, Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers. Subject to certain conditions, the forward counterparties or their affiliates are expected to borrow all shares from third parties and sell them to the underwriters.

Singapore – – October 05, 2026 -- DayOne Data Centers Limited has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of American Depositary Shares representing its ordinary shares.

DayOne targets Nasdaq listing under ticker DODC

The Singapore-headquartered digital infrastructure operator has applied to list its ADSs on the Nasdaq Global Select Market. Morgan Stanley, J.P. Morgan, BofA Securities, and Citigroup have been named as underwriters for the offering.

Size and pricing remain undisclosed

The number of ADSs to be offered and the proposed price range have not yet been determined. The offering will proceed only once the registration statement is declared effective by the SEC, and will be made solely via a prospectus.

Boston – September 30, 2026 -- ArcLight Capital Partners has completed the acquisition of a 50% stake in IATP, a 5.4 GW power portfolio spanning 11 infrastructure assets across North America, with Invenergy retaining the remaining 50% ownership and continuing to operate the platform.

Portfolio combines contracted revenue with dispatchable generation for AI-driven demand

IATP pairs a substantial base of existing contracted revenue with near-term recontracting opportunities and potential expansion projects, targeting electricity demand growth from AI, data centers and broader economic electrification. The portfolio includes four combined-cycle facilities: Grays Harbor Energy Center in Washington, Nelson Energy Center in Illinois, Lackawanna Energy Center in Pennsylvania, and St. Clair Energy Centre in Ontario.

San Diego – September 28, 2026 -- Viking Therapeutics, Inc. (Nasdaq: VKTX) has closed concurrent upsized public offerings totaling approximately $575.0 million in gross proceeds, funding to accelerate its late-stage obesity drug pipeline.

Viking raises $575 million through combined stock and convertible note sale

The clinical-stage biopharmaceutical company sold 9,035,714 shares of common stock at $35.00 per share, alongside $258.75 million in aggregate principal amount of 2.00% convertible senior notes due 2032. Both tranches were upsized after underwriters fully exercised their options, adding 1,178,571 shares to the equity offering and $33.75 million to the note offering.

San Diego – September 24, 2026 -- Viking Therapeutics plans to raise $400 million through simultaneous public offerings of $200 million in common stock and $200 million in convertible senior notes due 2032, with proceeds earmarked for its obesity drug pipeline.

Viking structures two independent capital raises with built-in flexibility

The biopharmaceutical company intends to grant underwriters a 30-day option to purchase an additional $30 million in common stock and a separate 30-day option for up to $30 million more in notes to cover over-allotments. Completion of one offering is not contingent on the other, giving Viking flexibility if market conditions shift. Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC are serving as joint book-running managers for both transactions.

Scottsdale, Ariz. – September 18, 2026 -- Axon Enterprise, Inc. (Nasdaq: AXON) intends to offer $1.0 billion in aggregate principal amount of 0% convertible senior notes due 2031, subject to market conditions, the public safety technology company announced.

Axon adds $150 million over-allotment option for underwriters

Underwriters will have the option to purchase up to an additional $150.0 million in notes to cover over-allotments, exercisable for settlement within an 11-day period beginning on the first issuance date. Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Citigroup Global Markets Inc. are serving as joint lead book-running managers.

Dallas – September 17, 2026 -- ATI Inc. (NYSE: ATI) Board Chair, President and CEO Kim Fields will participate in a fireside chat at the Morgan Stanley 14th Annual Laguna Conference in Dana Point, California, on September 17, 2026, at 4:05 p.m. ET.

Fields will field questions on aerospace demand and ATI's specialty materials portfolio

The session will be hosted by Kristine Liwag, Morgan Stanley's Senior Aerospace & Defense equity analyst, giving institutional investors direct access to ATI's leadership on growth opportunities within the aerospace and defense supply chain.

The Woodlands, Texas – September 16, 2026 -- Target Hospitality Corp. (Nasdaq: TH) has closed an upsized secondary offering of 16,100,000 shares of common stock at $18.50 per share, after underwriters fully exercised their option to purchase an additional 2,100,000 shares on top of the original 14,000,000-share deal.

Selling stockholders linked to TDR Capital LLP monetize a 16.1 million-share stake

The shares were sold by Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP acting as investment fund manager. At $18.50 per share, the total offering, inclusive of the upsized option, was valued at roughly $297.9 million. Target Hospitality did not sell any shares in the transaction and received no proceeds from the offering.