SABR News & Events

Shares of Sabre Corporation (SABR) are up 26% in Monday morning trading after the company announced yesterday that its board of directors has approved the adoption of a limited-duration shareholder rights plan to protect the interests of Sabre and its shareholders. The Rights Plan is effective immediately and expires in one year. The Board, in consultation with its independent advisors, adopted the Rights Plan in response to the substantial accumulation of shares of Sabre's common stock by Constellation Software (CNSWF), the company stated. In deciding to adopt the Rights Plan, the board considered, among other things, that between April 2025 and November 2025, Constellation accumulated a 9.7% economic position in Sabre, comprising 4.7% beneficial ownership of common stock and a further 5% via derivative instruments, and privately informed Sabre of its ownership stake for the first time in early January, the company noted. "On February 26, 2026, despite the parties nearing the finish line on the agreement, Constellation abruptly and without explanation broke off several weeks of constructive negotiations and stated that its intentions 'would appear clear with the benefit of time;' Sabre made multiple attempts to reengage Constellation on February 26 and February 27, 2026, that remain unanswered, and on February 28, 2026, Constellation withdrew the formal nomination of its second candidate (not the candidate who the parties had been contemplating would join the Board in connection with the proposed strategic governance agreement) without providing any explanation or otherwise responding to Sabre's requests to reengage; and during the week of February 23 through February 27, 2026, the Company observed unusually high trading volume in its stock," Sabre added.

The major averages finished broadly higher following the release of minutes from the latest Federal Reserve meeting, with earlier gains supported by optimism around corporate earnings, particularly in technology and select cyclical segments.According to the Fed minutes, several participants indicated that they would have "supported a two-sided description of the Committee's future interest rate decisions," reflecting the possibility of "upward adjustments" in the federal funds rate. Additionally, Fed members said that cutting rates further could be "misinterpreted" as implying diminished policymaker commitment to the 2% inflation objective.Looking to commodities, gold was sharply higher, rebounding from yesterday's losses as the "safe haven" asset continues to have a tumultuous year. Oil was also sharply higher as well.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Berkshire Hathawayin New York Timesand cut its stake in AmazonPalo Alto Networksreportedand cut its FY26 earnings outlookModernasaid the FDA willof its seasonal influenza vaccine submissionMSG Sportsisthat would separate its New York Knicks business from its New York Rangers businessmeeting show that participants see the possibility of a rate increase2. WALL STREET CALLS:Palantirto Outperform from Neutral at MizuhoBioAge Labsto Buy from Hold at JefferiesWorkdayto Market Perform at CitizensGenuine Partsto Hold from Buy at TruistWilliams TradingCrocsto Sell on eroding U.S. demand3. AROUND THE WEB:Microsoftpresident Brad Smith told CNBC that U.S. tech firms should "worry a little bit" about the subsidies their Chinese competitors receive from their government in the AI raceActivist investor Starboard Value is asking Riot Platformsto speed up its transition from Bitcoin miner to a data center company that could house hyperscaler tenants, Bloomberg saysJPMorgan Chaseintends to open over 160 branches in 30 states in 2026 as the company further invests in its brick-and-mortar network, FT reportsMicrosoftis on pace to invest $50B by the end of the decade to help AI expand to countries across the 'Global South,' specifically emerging or lower-income countries in the southern hemisphere, Reuters saysAT&Tis being sued by NYC pension funds for blocking a shareholder vote on workforce diversity disclosures, Reuters says4. MOVERS:Sabreincreases afterand naming Shawn Williams as Chief Commercial OfficerImmunitygains after the European Commissionfor AnktivaMister Car Washand Caesarshigher afterAxcelisfalls afterand providing guidance for Q1HF Sinclairlower afterand announcing the departure of CEO Tim Go5. EARNINGS/GUIDANCE:Insuletand provided guidance for FY26LCI Industries, with CEO Jason Lippert commenting, "We delivered a very strong 2025"Clean Harbors, with EPS and revenue beating consensusWingstopand provided guidance for FY26, with CEO Michael Skipworth commenting, "Our team continues to demonstrate operational excellence as we opened 493 net new restaurants and expanded into six new international markets"JLL, with EPS and revenue beating consensusINDEXES:The Dow rose 129.47, or 0.26%, to 49,662.66, the Nasdaq gained 175.25, or 0.78%, to 22,753.64, and the S&P 500 advanced 38.09, or 0.56%, to 6,881.31.

The major averages were broadly higher near noon, with gains supported by optimism around corporate earnings, particularly in technology and select cyclical segments. Many Asian markets remain closed for the Lunar New Year, keeping regional trading light and volume subdued. U.S. markets are trading with a modestly positive and cautiously optimistic tone as major equity futures climb and global stock benchmarks rally, reflecting a rebound from recent volatility driven by artificial-intelligence sentiment and sector rotation.Looking to commodities, gold was sharply higher, rebounding from yesterday's losses as the "safe haven" asset continues to have a tumultuous year. Oil was sharply higher as well ahead of this afternoon's API crude data and tomorrow's DOE inventory reports.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Bershire Hathawayin New York Timesand cut its stake in AmazonPalo Alto Networksreportedand cut its FY26 earnings outlookModernasaid theof its seasonal influenza vaccine submissionMSG Sportsisthat would separate its New York Knicks business from its New York Rangers businessMetaannounced awith Nvidia2. WALL STREET CALLS:Palantirto Outperform from Neutral at MizuhoBioAge Labsto Buy from Hold at JefferiesWorkdayto Market Perform at CitizensGenuine Partsto Hold from Buy at TruistWilliams TradingCrocsto Sell on eroding U.S. demand3. AROUND THE WEB:Activist investor Starboard Value is asking Riot Platformsto speed up its transition from Bitcoin miner to a data center company that could house hyperscaler tenants, Bloomberg saysJPMorgan Chaseintends to open over 160 branches in 30 states in 2026 as the company further invests in its brick-and-mortar network, FT reportsMicrosoftis on pace to invest $50B by the end of the decade to help AI expand to countries across the 'Global South,' specifically emerging or lower-income countries in the southern hemisphere, Reuters saysAT&Tis being sued by NYC pension funds for blocking a shareholder vote on workforce diversity disclosures, Reuters saysChinese conglomerate Tencentwas the undisclosed main financial backer of game developer Wildlight Entertainment, which released its debut free-to-play multiplayer title "Highguard" late last month, Game File says4. MOVERS:Sabreincreases afterand naming Shawn Williams as Chief Commercial OfficerImmunitygains after theconditional marketing authorization for AnktivaMister Car Washand Caesarshigher afterAxcelisfalls afterand providing guidance for Q1HF Sinclairlower afterand announcing the departure of CEO Tim Go5. EARNINGS/GUIDANCEInsuletand provided guidance for FY26LCI Industries, with CEO Jason Lippert commenting, "We delivered a very strong 2025"Clean Harbors, with EPS and revenue beating consensusWingstopand provided guidance for FY26, with CEO Michael Skipworth commenting, "Our team continues to demonstrate operational excellence as we opened 493 net new restaurants and expanded into six new international markets"JLL, with EPS and revenue beating consensusINDEXES:Near midday, the Dow was up 0.52%, or 258.55, to 49,791.74, the Nasdaq was up 1.20%, or 271.50, to 22,849.89, and the S&P 500 was up 0.79%, or 54.19, to 6,897.41.