July 2026 — page 3
Amarin Extends Cash Gains as Revenue Slides
Cash reached $314.6 million as the drugmaker generated positive cash flow for a third consecutive quarter.
American Electric Power Raises Outlook as Contracted Load Expands
Second-quarter revenue rose 7.0% to $5.445 billion as the utility added contracted demand.
PHINIA to Buy stoba Group in Supply-Chain Deal
The acquisition would expand PHINIA’s manufacturing capabilities and give it greater control and flexibility across its supply chain.
Intercontinental Exchange to Buy MarketAxess in $5.7 Billion Cash Deal
The acquisition combines two complementary platforms to create an integrated fixed income ecosystem spanning execution, data, and analytics.
ICE to Buy MarketAxess in $5.7 Billion All-Cash Deal
Intercontinental Exchange said the acquisition would knit its retail bond and data franchise together with MarketAxess's institutional trading network to form a single fixed income marketplace.
Group 1 Automotive to Acquire Hennessy Automobile Companies in Asset Purchase
The acquisition is designed to expand the company's footprint in the Atlanta market to enhance operational efficiency.
eBay to Buy Depop in $1.4 Billion All-Cash Deal
The sale would let Etsy concentrate its resources on sustainable growth for its core marketplace.
Vermilion Energy Raises Annual Production Guidance
The energy producer increased its full-year production target to a range of 121,000 to 123,000 boe/d
Obsidian Energy Net Income Rises to 42 Million Canadian Dollars
The exploration and production company reported a second-quarter net income of 42.0 million Canadian dollars, up from 15.3 million Canadian dollars in the prior-year period.
Lightspeed Commerce Exceeds Revenue Outlook With 17% Organic Growth
The omnichannel platform reported first quarter revenue of $322.7 million, exceeding its previous outlook
IsoEnergy Increases Cash Reserves to 122.9 Million Canadian Dollars
The uranium exploration company ended the period with 122.9 million Canadian dollars in cash and cash equivalents
Gildan Net Sales Rise to $1.58 Billion in Second Quarter
The apparel manufacturer reported net sales of $1.58 billion for the three months ended June 28, 2026, compared to $918.5 million in the prior-year period.
Gildan Raises Earnings Guidance and Sells HanesBrands Australia
The apparel manufacturer expects adjusted diluted earnings per share to rise 32.5% to 35% year over year.
Endeavour Silver Net Earnings Reach 131.4 Million for First Half
The silver miner reported a 183% increase in six-month revenue to 421.8 million US dollars.
Alamos Gold Lowers Annual Production Guidance on Young-Davidson Issues
The gold producer reported second quarter operating revenues of $594.1 million, up from $438.2 million in the prior year.
First Majestic Silver Net Earnings Rise to $273.4 Million
The mining company reported a 335% increase in net earnings for the first six months of 2026 compared to the prior year
First Majestic Silver revenues rise 57% on higher metal prices
The company ended the second quarter with a record $1,252.7 million in treasury
Agnico Eagle Reports Record Quarterly Free Cash Flow
The gold miner returned $625 million to shareholders through dividends and share repurchases in the second quarter.
Broadband losses deepen at major US providers
Charter, Comcast and Liberty Global all report accelerating declines in fixed-line subscribers and revenue.
Reckitt Benckiser Announces Interim Dividend Increase and New Share Buyback
The company will repurchase up to £500 million in shares over the next year and has raised its interim dividend to 88.6 pence.
Rio Tinto Reports Higher H1 2026 Earnings and Increases Interim Dividend
The mining group saw a 28% rise in underlying EBITDA and a 75% jump in free cash flow, driven by productivity gains and favorable commodity prices.
Semiconductor Firms Brace for Hardening China Export Controls
Equipment and chip makers are navigating a tightening web of U.S., Dutch, and Japanese restrictions that limit access to advanced nodes and critical components.
Xylem Orders Jump 42% While Revenue Growth Stalls Near 1%
Xylem posted a 42% surge in orders to $3.1 billion even as quarterly revenue growth slowed to just 1% organically.
Waste Management Margins Widen as Revenue Growth Cools
Waste Management posted adjusted operating EBITDA margin of 30.9% in the second quarter, even as revenue growth slowed to 4.0%.
Werner Swings to Profit as FirstFleet Deal Powers Freight Recovery
Werner Enterprises posted 24% revenue growth and its best truckload pricing gains in a decade even as GAAP profit fell 85% against a year-ago legal settlement.
Vulcan Materials' Cost Inflation Erases Pricing Gains as Margins Slip
Vulcan Materials reported second-quarter Adjusted EBITDA of $654 million, down 1% from a year earlier as freight and diesel costs outpaced pricing gains.
Veralto Raises Full-Year Profit Outlook as Core Growth Accelerates
Veralto posted 7.6% sales growth to $1,474 million in the second quarter and raised its full-year adjusted earnings guidance for the second time this year.
Visa revenue growth slows as operating expenses climb
The payments processor reported net revenue of $11.6 billion for the third quarter.
UPS Adjusted Profit Grows 12% as Guidance Rises Despite EPS Hit
United Parcel Service raised its full-year revenue outlook to roughly $91.2 billion after quarterly revenue climbed 7.6% even as a $891 million restructuring charge cut GAAP earnings per share in half.
Frontier Revenue Hits Record as Restructuring Charges Widen GAAP Loss
The airline's adjusted per-share loss narrowed to 10 cents from 30 cents in the prior quarter, even as unit revenue growth hit a three-quarter high.
Tyler Technologies Raises EPS Outlook as Margins Narrow
Tyler Technologies reported second-quarter revenue of $645.1 million, up 8.2% from a year earlier, even as operating margin compressed and the company raised its full-year profit guidance.
Tiptree Books $372 Million Gain as Fortegra Sale Closes
Tiptree's second-quarter diluted EPS jumped to $10.30 from $0.39 a year earlier after the company completed the $1.65 billion sale of Fortegra and unveiled a $100 million deal to buy specialty insurer Universal Shield.
Smurfit Westrock Returns to Profit as Costs Erode Margins
The packaging maker narrowed its full-year Adjusted EBITDA guidance to $4.9 billion to $5.1 billion, tightening a range it had set wider just one quarter earlier.
S&P Global Lifts Profit as Ratings, Indices Drive Growth
Adjusted earnings rose 23% to $4.83 a share as margins widened.
SoFi Revenue Hits Record $1.2 Billion as Profit Growth Cools
SoFi Technologies posted record adjusted net revenue of $1.2 billion, up 40% year over year, even as GAAP net income fell for a third straight quarter.
Scotts Miracle-Gro Raises Full-Year Outlook Despite Sales Slowdown
Scotts Miracle-Gro lifted its full-year adjusted profit guidance even as third-quarter net sales growth slowed to 1% and gross margins slipped on higher freight and commodity costs.
Sherwin-Williams Growth Accelerates, Lifts Full-Year EPS Guidance
Sherwin-Williams posted 7.5% sales growth and 14.3% diluted EPS growth in the second quarter, prompting the paint maker to raise its full-year earnings outlook for the first time this year.
Seacoast Banking Posts Record Loan Growth, Wider Core Margin
Seacoast Banking Corp of Florida reported second-quarter net income of $59.5 million, or $0.55 a share, up 87% from the first quarter as a securities-repositioning charge fell out of the base.
Redwood Trust Narrows Loss as Mortgage Banking Volume Nearly Doubles
Redwood Trust cut its GAAP net loss to $0.03 a share in the second quarter from $0.07 in the first, as mortgage banking production topped $8 billion for a second straight quarter.
Quadhics Posts First Sales Growth in Years as Margins Slip
Quadhics swung to a $4 million profit as net sales rose 1% to $578 million, even as adjusted EBITDA margin narrowed and cash on hand fell to $7.4 million.
PayPal Revenue Growth Reaccelerates as Cash Flow Rebounds
PayPal reported second-quarter net revenue of $8.68 billion, up 5% from a year earlier and a sequential acceleration after a decline in the first quarter.
Pentair Slashes Guidance as Pool Destock Erases Growth Streak
Pentair cut its full-year GAAP earnings outlook to $3.86-$4.06 a share after a Pool inventory realignment drove second-quarter sales down 17%.
P&G Growth Stalls to Flat as Margins and Profit Slide
Procter & Gamble's organic sales growth fell to 0% in its fiscal fourth quarter, erasing a third-quarter acceleration and dragging Core EPS down 3% to $1.43.
Oshkosh Cuts Profit Outlook as Fire Truck Snags Persist
Oshkosh trimmed its 2026 adjusted profit forecast to roughly $11.00 a share after fire truck manufacturing throughput improved more slowly than expected, even as quarterly sales climbed 6.7%.
O'Reilly Growth Cools as Leverage Rises With Buybacks
O'Reilly Automotive posted second-quarter diluted EPS of $0.86, up 10% from a year earlier but a slower pace than the 16% growth it logged in the first quarter.
Nabors Posts Sequential EBITDA Rebound, Cuts 2026 Capex
Nabors Industries swung to positive adjusted free cash flow of $12.3 million and raised its Lower 48 rig-count outlook even as it trimmed full-year capital spending by $25 million at the midpoint.
Merchants Bancorp Profit Doubles as Credit Losses Recede
Merchants Bancorp posted net income of $78.3 million in the second quarter, up 106% from a year earlier as provisions for credit losses fell 83%.
Landstar's Freight Rates Surge as Volumes Finally Turn
Landstar System (LSTR) posted 18.2% revenue growth in the second quarter, its sharpest acceleration in more than a year, as truck rates jumped 17% and its independent contractor fleet grew at the fastest pace since 2022.
L3Harris Cash Flow Swings Positive as Guidance Rises Again
L3Harris Technologies posted $879 million in operating cash flow in the second quarter, a reversal from a $95 million shortfall three months earlier.
John Marshall Bancorp Posts Eighth Straight Quarter of Profit Growth
John Marshall Bancorp reported net income of $7.0 million in the second quarter, its highest since 2022, as net interest margin expanded for a ninth consecutive quarter.