WS #11058

The data window is dominated by sports betting and social media noise, with a few actionable corporate and macro signals. McCormick (MKC) announced a $15.7B merger with Unilever Foods, diluting existing shareholders to a 35% stake — a significant corporate action that could pressure MKC shares. Broadcom (AVGO) Chairman Henry Samueli sold $250M in stock, a notable insider sale that may signal bearish sentiment. Cal-Maine Foods (CALM) reached a resolution with the DOJ and 17 states over an egg price-fixing investigation, agreeing to donate 30 million eggs but paying no fines — a positive outcome removing legal overhang. Separately, Trump warned gasoline retailers to lower prices, threatening 'big problems' — this could pressure retail gasoline stocks and is bearish for refiners if enforced. The yen weakness and China manufacturing data are carry-forwards from the previous window with no new data points. The dominant narrative is stable with no major escalation; the McCormick merger and AVGO insider sale are the primary new signals.