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The purchase will be funded with cash on hand and proceeds from the company's sale of its MatrixCare business.The company said it will make the $450 million payment to Citibank on Thursday, and will receive 80% of that total in stock the same day. 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Stock Outperforms Competitors Despite Losses On The DayThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Fastenal Co.  slipped 1.14% to $48.75 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index  falling 0.71% to 7,631.47 and Dow Jones Industrial Average  falling 0.79% to 52,766.88.This was the stock's fourth consecutive day of losses.Fastenal Co. closed 7.87% below its 52-week high of $52.92, which the company reached on August 11th.Despite its losses, the stock outperformed some of its competitors Tuesday, as Amazon.com Inc.  fell 1.87% to $254.92, Home Depot Inc.  fell 2.46% to $319.77, and Lowe's Cos.  fell 2.27% to $200.05.Trading volume  remained 2.4 million below its 50-day average volume of 8.0 M.Data source: Dow Jones Market Data, FactSet. Data compiled September 1, 2026.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4567","IE00BYQQ9H92.USD","BK4588","BK4585","FAST","BK4104","IE00B5TLWC47.USD","IE00BFXG0V08.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664699978","title":"Texas Instruments Inc. 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Stock Underperforms Tuesday When Compared To CompetitorsThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Texas Instruments Inc.  slid 2.90% to $253.34 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index  falling 0.71% to 7,631.47 and Dow Jones Industrial Average  falling 0.79% to 52,766.88.Texas Instruments Inc. closed 24.16% short of its 52-week high of $334.03, which the company achieved on June 22nd.The stock underperformed when compared to some of its competitors Tuesday, as NVIDIA Corp.  fell 1.51% to $217.44, Broadcom Inc.  fell 0.18% to $369.68, and Qualcomm Inc.  fell 2.27% to $166.61.Trading volume  remained 832,690 below its 50-day average volume of 7.9 M.Data source: Dow Jones Market Data, FactSet. 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Largest Companies by Market Cap (August 2026): Nvidia Retains Top Spot, SpaceX Rebounds 32%, Semiconductor Sector Diverges","url":"https://stock-news.laohu8.com/highlight/detail?id=2664866364","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664866364?lang=en_us&edition=fundamental","pubTime":"2026-09-02 03:09","pubTimestamp":1788289773,"startTime":"0","endTime":"0","summary":"As of August 2026, Nvidia retained its top spot globally with a market capitalization of $5.32 trillion, closely followed by Apple, Microsoft, and Alphabet. The biggest change in the global market cap rankings in August was SpaceX, whose market cap rose to $1.89 trillion with a monthly gain of 32.59%, while Tesla, SK Hynix, and Micron Technology also recorded sizable gains. The Philadelphia Semiconductor Index rose 1.98% in August, staging a modest recovery from a sharp 20.61% correction in 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Dividend Aristocrats to Play Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2664410865","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664410865?lang=en_us&edition=fundamental","pubTime":"2026-09-02 02:49","pubTimestamp":1788288540,"startTime":"0","endTime":"0","summary":"Investors are having second thoughts about the market's biggest tech names, with the Magnificent Seven down an average of about 2.8% over the past three months.Over that period, dividend payers-especially dividend aristocrats Medtronic, McCormick and T. 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