Ventyx Biosciences Shares Up 61.7% as Eli Lilly Nears Acquisition Deal
Equity futures were mixed after the major averages closed broadly higher for the second day in a row. Despite the strong start to the first trading week of 2026, some reluctance remains from traders as they await fresh near-term catalysts, especially as they look ahead to key economic data including employment reports later this week.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER -Ventyx Biosciencesup 61.7% after the Wall Street Journal reported that Eli Lillyis near a deal to acquire Ventyx for over $1BNetcapitalup 35.1% after acquiring Iverson DesignMobileyeup 10.8% after agreeing to acquire Mentee Robotics in a cash and stock dealLOWER -Curtiss-Wrightdown 10.5% after CGO John Watts disclosed the sale of 107 common shares
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- Quarterly Dividend Announcement: Curtiss-Wright's Board of Directors declared a quarterly dividend of $0.24 per share, payable on April 13, 2026, to stockholders of record as of March 26, 2026, reflecting the company's commitment to shareholder returns.
- Market Positioning: As a global integrated business, Curtiss-Wright provides highly engineered products and solutions primarily to the Aerospace & Defense markets, showcasing its strong competitive edge in critical technology sectors.
- Workforce Strength: The company employs approximately 9,100 highly skilled employees dedicated to developing and designing the best-engineered solutions, indicating its capability in technological innovation and market responsiveness.
- Heritage Legacy: Building on the legacy of Glenn Curtiss and the Wright brothers, Curtiss-Wright emphasizes providing innovative solutions through trusted customer relationships, further solidifying its position in the industry.
- Quarterly Dividend Announcement: Curtiss-Wright's Board of Directors declared a quarterly dividend of $0.24 per share, payable on April 13, 2026, reflecting the company's commitment to returning value to shareholders.
- Record Date for Shareholders: The record date for this dividend is set for March 26, 2026, ensuring that eligible shareholders receive their payouts promptly, which enhances investor confidence.
- Market Positioning: Curtiss-Wright primarily serves the Aerospace and Defense markets with highly engineered products and solutions, showcasing its strong competitive edge in critical technology sectors.
- Workforce Strength: The company employs approximately 9,100 skilled workers dedicated to developing and designing the best-engineered solutions, further solidifying its leadership position in the market.

Contract Value: A contract has been signed valued at approximately $10.8 million, excluding VAT.
Customer Type: The contract is with a domestic customer.
Project Purpose: The project involves the construction of a ground-mounted solar power plant.
Industry Impact: This initiative reflects ongoing investments in renewable energy infrastructure.
- Stock Buyback Program: CurtissWright authorized an additional $416 million for stock repurchases in November 2025, raising the total authorization to $550 million, which underscores the company's financial strength and boosts shareholder confidence.
- Sales Growth Outlook: The Zacks Consensus Estimate indicates a 6.9% year-over-year sales growth for CurtissWright in 2026, with earnings expected to rise by 11.6%, reflecting strong performance in the aerospace-defense market.
- Industry M&A Trends: The aerospace-defense sector is leveraging mergers and acquisitions to enhance operational scale and market presence, exemplified by AAR's $78 million acquisition of HAECO Americas, which strengthens its maintenance capabilities and drives long-term growth.
- Global Air Traffic Growth: According to the International Air Transport Association, global air passenger traffic increased by 5.3% year-over-year, providing airlines with robust market demand for replacement parts despite ongoing supply chain challenges.
- Charlotte's Victory: The Charlotte Power City Index achieved a median return exceeding 22% in 2025, not only surpassing Silicon Valley but also establishing itself as the best-performing city nationwide, showcasing the region's robust economic recovery.
- Key Drivers: The stock prices of seven major companies, including lithium miner Albemarle (ALB) and banking giant Bank of America (BAC), rose over 20%, driving Charlotte's overall returns and reflecting the resilience of its diversified economy.
- Silicon Valley's Strong Performance: Although Silicon Valley's Power City Index recorded a return of over 21%, primarily fueled by tech giants like Nvidia (NVDA) and Alphabet (GOOGL), it fell short of the top spot due to a 27% drop in ServiceNow (NOW) shares.
- Washington D.C.'s Steady Performance: The Washington D.C. Power City Index posted a return of approximately 17%, with defense contractors like Raytheon Technologies (RTX) and Northrop Grumman (NOC) standing out, highlighting the region's attractiveness for defense sector investments.
- Acquisition Expansion: AAR's acquisition of HAECO Americas for $78 million significantly enhances its maintenance operations' scale and geographic reach, enabling the servicing of more aircraft and customers, thereby accelerating the company's long-term strategic development in the Repair & Engineering segment.
- Market Outlook: According to the International Air Transport Association, global air passenger traffic increased by 5.3% year-over-year as of October 2025, with a slight downward revision of the full-year forecast to 5.2%, indicating sustained demand for replacement parts and equipment as airlines increase flight frequency.
- Supply Chain Challenges: Ongoing supply chain issues have led to delays in aircraft and engine maintenance for airlines, with IATA noting over 5,000 aircraft delivery shortfalls that will hinder growth potential, resulting in an unprecedented backlog of over 17,000 aircraft, impacting fleet expansion for several years.
- Industry Ranking: The Zacks Aerospace-Defense Equipment industry currently ranks 96th, placing it in the top 40% of over 243 industries, indicating robust near-term prospects and expected continued outperformance relative to the broader market.









