August 2026 — page 2
Booz Allen to Buy Ultra Mission Solutions for $720 Million
The defense-technology firm will fold Ultra’s encryption and edge-compute products into its AI-driven battle-management portfolio.
FDA Approves Bristol Myers Squibb's Zenbexus
The FDA cleared Zenbexus under NDA 221075 on Aug. 13, 2026.
Ubiquiti Revenues Hit Record $937.3 Million
The networking infrastructure provider announced a plan to pay quarterly dividends of at least $1.00 per share in fiscal 2027.
Somnigroup to Buy Leggett & Platt in $2.5 Billion All-Stock Deal
Shareholders of the 143-year-old components maker approved the merger, clearing the way for the bedding giant to deepen its vertical integration.
CoStar Group Completes $800 Million All-Cash Acquisition of Zonda
The deal extends CoStar's data and marketplace reach into the nearly $1 trillion U.S. new-home construction market.
Supreme Court IEEPA Tariff Ruling Opens Refund Path for Importers
A February 2026 Supreme Court decision striking down IEEPA-based tariffs has triggered a refund process for U.S. importers, though new trade levies have quickly filled the gap.
Lyntris Inc. Prices IPO at $17.50 Per Share
The company enters the public market with an estimated $60 million in net proceeds.
First Breach, Inc. Prices Initial Public Offering
The cybersecurity firm is raising $5 million in gross proceeds to support its operational growth.
Institutions Rotate Into Semis, Retail, and Industrials
Second-quarter 13F positioning added $92.5 million to semiconductors and $51.8 million to retail and consumer names, and trimmed software and cloud by $36.6 million.
Fiscal 2026 revenue rose 8.8%
Operating profit increased 5.9% to 23,970 million yen
Ross Stores Raises Full Year Earnings Outlook To $8.77
The off-price retailer reported second quarter earnings per share of $2.66, which included a $0.60 benefit from tariff refunds.
Buckle's Comparable-Sales Growth Cools After a Faster Quarter
Net sales rose 4.6% to $319.8 million in the 13 weeks ended Aug. 1, 2026, and comparable-store sales rose 2.1%.
BJ's Raises Fiscal 2026 Adjusted EPS After Comp Sales Reaccelerate
Comparable club sales rose 11.9% in the second quarter, and the company lifted full-year adjusted EPS to $4.60 to $4.80.
Holcim to Buy Fermacell in $980 Million Cash Deal
The acquisition is part of a broader strategic pivot to divest European operations and close the region's fiber cement business to prioritize high-growth opportunities.
Charter Communications to Buy Cox Communications and Liberty Broadband in $15 Billion Deal
The mixed-consideration transaction aims to create a national leader in broadband and video while accelerating the integration of Liberty Broadband.
ARRAY Technologies to Buy Affordable Wire Management in $203 Million Deal
The acquisition expands ARRAY's balance-of-system portfolio into cable management and creates new entry points into the battery energy storage and datacenter markets.
U.S. Crude Inventories Build 4.4 Million Barrels in August Print
Crude oil stocks rose sharply while natural gas storage saw a modest injection amid rising retail power costs.
July Federal Deficit Widens to $432.3 Billion
A surge in monthly outlays and a dip in receipts drove the deficit higher than the same period last year.
Hanwha Systems boosts defense revenue in first half 2026
Consolidated revenue reached 1.92 trillion won for the period ending June 2026.
EPA Finalizes Arizona SO2 Attainment Plan for Hayden Area
The agency approved Arizona's state plan for cutting sulfur dioxide pollution around the Hayden smelter area, effective September 21, 2026.
EPA Approves Wisconsin Ozone Plans for Three Metro Areas
Kenosha, Milwaukee and Sheboygan County win federal sign-off on their 2015 ozone attainment plans after no adverse public comment.
EPA Sets Cypermethrin Residue Limit for Dried Cacao Beans
EPA finalized a 0.05 ppm tolerance for cypermethrin residues on cacao, dried bean, after the National Confectioners Association petitioned for the limit.
Wolfspeed revenue flattens as AI data center growth slows
The silicon carbide supplier reported consolidated revenue of approximately $150 million for the fourth quarter of fiscal 2026.
Walmart Lifts Outlook as Tariff Refunds Fuel Profit Surge
The retailer now expects adjusted earnings of $2.80 to $2.87 a share for the full year after second-quarter operating income jumped 28.8%.
TJX Profit Margins Widen as Marmaxx Comp Growth Stalls
TJX Companies posted a 24% jump in diluted earnings to $1.36 a share in the second quarter, aided by a one-time $331 million tariff refund even as comparable sales growth slowed to 4% from 6% in the prior quarter.
Target's Comparable Sales Growth Accelerates on Tariff-Refund Boosted Earnings
Target reported second-quarter earnings per share of $4.11, more than double the prior year, as a $994 million tariff refund and accelerating digital sales pushed the retailer to raise its full-year outlook.
Performance Food Group Swings Back to Profit Growth as Margins Widen
Performance Food Group (PFGC) reported fourth-quarter net income of $162.3 million, up 23.4% from a year earlier and a reversal from the prior quarter's 28.5% decline.
OSI Systems Posts Record Fourth-Quarter Non-GAAP Earnings
Non-GAAP diluted earnings reached a record $3.78 a share in the fiscal fourth quarter as revenue slipped 4% to $484.1 million.
Flowers Foods Cuts 2026 Sales Outlook After Volume Drop
Second-quarter net sales were $1.193 billion, and the company now expects fiscal 2026 sales of about $5.070 billion to $5.142 billion.
Deere Lifts Profit Outlook as Construction and Small-Farm Segments Offset Large-Ag Slump
The farm and construction equipment maker raised its full-year net income forecast to $4.75 billion to $5.00 billion after third-quarter earnings rose 7%.
Corteva raises full-year guidance as seed sales offset crop protection pricing
The agricultural company projected full-year operating EBITDA between $4.1 billion and $4.3 billion in a July update.
BILL Cuts Costs, Lifts Profit as Revenue Growth Set to Slow
The payments-software company posted $101.6 million in non-GAAP operating income for its fiscal fourth quarter, up 80% from a year earlier, even as it guided for revenue growth to decelerate in fiscal 2027.
ScanSource to Buy MicroAge in $220.5 Million All-Cash Deal
ScanSource said the acquisition would push it deeper into higher-margin cloud, cybersecurity, data center and AI solutions work.
JBS to Acquire Pilgrim’s Pride in All-Stock Deal
The transaction aims to integrate the poultry producer into a more diversified global multi-protein and prepared foods platform.
Kakao shifts focus toward AI and stablecoin services
The company plans to invest approximately 424.9 billion won in data centers and network equipment through 2029.
FDA Approves Chromium DL-methionine Chelate for Cattle Feed
The Food and Drug Administration has amended regulations to permit the use of a specific chromium nutritional source in cattle feed.
Sansan Revenue Rose 16.2% in Fiscal 2026
The company plans to continue advertising and promotional investment.
Treasury Yield Spread Narrows to 0.52 Percentage Points
New Treasury data shows a tightening yield curve alongside mixed labor and inflation signals from federal agencies.
Toll Brothers Profit Drops 24% as Deliveries Slide, Margins Shrink
The luxury homebuilder posted $280.1 million in net income as delivered volume fell 10% and adjusted gross margin narrowed for a third consecutive quarter.
Mercury Systems Bookings Nearly Double as Backlog Hits Record $1.9 Billion
Mercury Systems (MRCY) closed fiscal 2026 with fourth-quarter bookings of $660 million, up 93.1% from a year earlier, even as revenue growth slowed to 6.1%.
Keysight Orders Top $2 Billion Again as AI Test Demand Accelerates
The electronic-measurement company posted $1.85 billion in quarterly revenue, beating its own guidance by nearly $100 million.
Jack Henry's Fourth-Quarter Margin Contracts as Spending Outpaces Revenue
The financial-technology provider's GAAP operating margin fell 410 basis points in the quarter even as faster-payments revenue surged 47%.
Home Depot Sales Accelerate as Average Ticket Gains Offset Traffic
Net sales rose 5.7% to $47.9 billion in the second quarter of fiscal 2026.
Starfighters Impairs Aerovision Deposits and Sues Seller
The F-104 operator booked a $5.15 million deposit impairment and a $11.46 million net loss for the three months ended June 30, 2026.
Copart Brings Back Former CEO Adair as Revenue Growth Stalls
The vehicle auctioneer posted $1.2 billion in quarterly revenue, up 2.1%, as it reshuffled its leadership ranks.
Clean Energy Technologies' Gross Profit Collapses as China Gas Mix Shifts
Gross profit for the six months ended June 30, 2026 was $3,689, versus $635,535 a year earlier, as China natural gas filled the books and clean-energy system sales vanished.
Francisco Partners to Buy Weave Communications in $650 Million Cash Deal
The acquisition aims to accelerate the development of Weave's AI-powered healthcare platform and expand its revenue cycle management capabilities.
Rexford Industrial to Sell $1.2 Billion Industrial Portfolio in Asset-Purchase Deal
The sale advances Rexford's $2.0 billion portfolio realignment, with proceeds earmarked for 2027 debt repayment, buybacks and internal development.
BioMarin to Buy Alesta Therapeutics in $275 Million Cash Deal
The acquisition aims to expand BioMarin's presence in larger rare disease markets via a potential oral alternative to injectable therapies.
Aurora Cannabis Urges Shareholders to Ignore Curaleaf Takeover Bid
The company advised shareholders to take no action following an unsolicited bid from Curaleaf Holdings Inc.