£57.5 Million | 12/21/2016

Veritex Holdings, Inc. Prices Follow-On Offering. Stephens Inc. served as sole book-running manager on the Offering. | $87 Million | 12/15/2016

Veritex Holdings, Inc. Has Agreed To Acquire Sovereign Bancshares, Inc. Stephens Inc. served as financial advisor to and rendered a fairness opinion for Veritex Holdings, Inc. | $162 Million | 12/14/2016

Sterling Investment Partners Has Invested In W.A. Kendall And Company. Stephens served as exclusive buy-side advisor to Sterling Investment Partners, L.P.

Summit Materials, Inc. Has Announced The Divestiture Of Hinkle Contracting Company. Stephens served as exclusive financial advisor to Summit Materials, Inc. on the Transaction.

XPO Logistics Inc. sold its North American intermodal segment for about $710 million, further unwinding a sprawling transportation business built up through a decade of acquisitions.

Transportation shares, especially trucking and railroad stocks, make up the worst-performing group in the U.S. in the past week amid growing concern that aggressive interest rate hikes by the Federal Reserve and surging inflation will curb consumer spending.

A record amount of U.S. office space is hitting the market this year due to a jump in lease expirations, putting property owners in a bind and threatening to leave banks and other lenders stuck with more troubled loans.

The Biden administration’s plan to temporarily allow higher ethanol blends in gasoline is set to boost U.S. ethanol producers while lifting demand for farmers’ corn, agriculture industry executives and analysts said.

Lowell-based carrier J.B. Hunt Transport Services Inc. is expected to post earnings and revenue increases in the first quarter as it positions itself for intermodal volume growth amid a looming freight recession.