August 2026 — page 6
Hana Financial Group Fee Income Surges 22.7% in Second Quarter
Asset management and M&A advisory fees drove group fee income to 819.6 billion won in the second quarter.
DBS Wealth Fees and Markets Trading Offset NIM Squeeze in Q2
DBS Group Holdings (DBS) posted a record $3.08 billion in second-quarter net profit even as its net interest margin slipped to 1.87%, with wealth-management fees up 42% year over year filling the gap.
CBA Accelerates Interest Income as Lending Broadens
Net interest income increased 7% as average interest-earning assets grew by A$92 billion.
CaixaBank Raises Interest Income as Margin Narrows
Second-quarter net interest income rose 2.5% to €2.729 billion despite higher funding costs.
BBVA Net Interest Income Rises 2.1% on Spanish Spread Growth
The global financial services group saw net interest income reach €7,627 million in the second quarter.
Banco do Brasil's Credit Costs Ease as Capital Ratio Slips Further
Banco do Brasil's cost of credit fell 2.1% quarter over quarter to R$18.5 billion in the second quarter, even as its CET1 ratio slid another 32 basis points to 11.27%.
EPA Grants Clean Data Determination for St. Louis Ozone Standards
Missouri is no longer required to submit certain nonattainment planning documents after the EPA verified the region meets 2015 ozone standards.
EPA Grants Clean Data Determination for St. Louis Illinois Area
The agency is suspending state planning requirements after monitoring data shows the region met 2015 ozone standards.
EPA Declares Plumas County Attained Fine Particulate Standard
The Portola nonattainment area in California met the 2012 annual fine particulate matter standard by the 2025 deadline.
Federal Funding Banned for Pediatric Sex-Rejecting Procedures
New rules prohibit the use of Medicaid and CHIP funds for sex-rejecting procedures for children and adolescents.
Zenas Receives FDA Acceptance of Obexelimab BLA
The clinical-stage biopharmaceutical company posted a $111.5 million net loss as it prepared for a potential May 27, 2027, PDUFA decision on obexelimab for IgG4-related disease.
Venu Plans Financing Shift to Keep Venue Real Estate
Venu closed $45 million in interim financing after quarter-end while pursuing longer-term funding to complete two amphitheaters.
TSS Systems Integration Growth Slows After First-Quarter Pace
Second-quarter revenue was $35.1 million as systems integration rose 46% to $13.9 million and procurement fell 45%.
Tapestry Hits Investor-Day Targets Two Years Early
Fourth-quarter sales were $1.88 billion, up 9%, as the company met 2028 revenue, margin and EPS goals and set a $8.4 billion to $8.5 billion 2027 outlook.
Soluna Completes Dorothy 1 Vertical Integration
Revenue reached $15.1 million, up 60% sequentially, as the company booked Briscoe’s first quarter and expanded its pipeline to about 6.3 gigawatts.
QXO Restores Profit After Kodiak Close
Adjusted EBITDA was $272 million on $3.25 billion of sales after a $1.2 million first quarter.
Knicks Title Lifts MSGS Fourth-Quarter Sales 37%
Revenue reached $278.7 million as playoff-related sales rose $66.9 million and the company swung to a $32.2 million operating profit from a $22.6 million loss a year earlier.
Merlin Completes C-130J Design Review and Autonomous Landing
Second-quarter revenue was $2.2 million as the company posted a $58.4 million GAAP net loss.
MeiraGTx Reclaims Eye Therapy Ahead of Regulatory Push
The genetic medicines company completed its $25 million acquisition of bota-vec and secured financing to support development and potential commercialization.
MacroGenics Completes Bora Sale, Cuts Staff to About 140
Pro forma cash of $327 million as of June 30, 2026, including Bora, Sanofi and Gilead proceeds, underpins runway guidance through 2028.
Lifeway Foods’ Margin Gains Reversed
The kefir maker posted just $0.1 million in second-quarter net income as higher input costs eroded profitability.
Chicago Atlantic BDC Funding Collapses After Record Quarter
Second-quarter investment income was $14.0 million, or $0.61 a share, as the cannabis-focused BDC funded just $2.7 million.
KULR Reverses First-Quarter Revenue Gain and Exits Bitcoin Mining
Second-quarter revenue fell 43% to $2,080,177 and gross margin swung to (31)% after a 98% year-over-year first-quarter increase.
Invivyd Completes Upsized DECLARATION Enrollment
PEMGARDA net product revenue was $14.3 million, up 21% from a year earlier, as the company completed enrollment in its upsized pivotal trial and said cash of $160.1 million should last through the VYD2311 readout.
Indaptus Ends Decoy20 Enrollment, Has No Active Clinical Programs
A $12.0 million June private placement left Indaptus with $11.6 million in cash, cash equivalents and short-term investments as it wound down Decoy20.
Dillard's Comparable Sales Slow After First-Quarter Lift
Retail gross margin reached 40.9% of sales after $37.2 million of IEEPA tariff refunds lifted the rate by 260 basis points.
CapsoVision Capsule Sales Rebound After a Flat First Quarter
Second-quarter revenue reached $3.6 million as capsule volume rose 13% and the company launched AI Highlights in Europe.
Boston Omaha to Sell Insurance Unit for $84.3 Million
The Omaha holding company agreed to sell General Indemnity Group to CopperPoint for about $84.3 million as second-quarter revenue reached $22.20 million.
Applied Materials Raises Calendar 2026 Systems Outlook
The equipment maker guided fourth-quarter revenue to $10.25 billion plus or minus $500 million after a record $9.12 billion quarter.
Applied Industrial Raises Long-Range Sales and EBITDA Targets
Fiscal 2027 EPS is guided to $11.65 to $12.15 after a 9.7% organic sales gain in the June quarter.
AIRO Restores Operating Profit After First-Quarter Loss
Second-quarter revenue reached $43.2 million, up 76% from a year earlier, and gross margin recovered to 64%.
Skeena Resources targets initial production at Eskay Creek for 2027
The precious metals developer reported a loss of 139.7 million Canadian dollars for the six months ended June 30, 2026
Pan American Silver Revenue Hits $1.1 Billion in Second Quarter
The company reported attributable free cash flow of $344 million for the second quarter of 2026, compared to $234 million in the prior year period.
NervGen Pharma Secures Funding for Phase 3 Spinal Cord Study
The biotechnology company ended June 30, 2026, with 86.8 million Canadian dollars in cash and cash equivalents
Northern Dynasty Minerals Narrows Net Loss to 15.1 million
The mineral exploration company reported a six-month net loss of 15.1 million Canadian dollars, compared to 52.3 million Canadian dollars for the same period last year.
Metalla Royalty Revenue Rises to $8.3 Million for First Half
The precious metals royalty company reported revenue of $8.288 million for the six months ended June 30, 2026
Kolibri Global Energy Net Income Rises to $12.5 Million
The energy company reported net cash from operating activities of $27.96 million for the six months ended June 30, 2026.
Glass House Brands Reaches Record Biomass Production in Second Quarter
The cannabis company produced 245,746 equivalent dry pounds of biomass during the second quarter of 2026.
Defi Technologies Total Revenues Drop to $18.96 Million
Total revenues for the six months ended June 30, 2026, fell to $18.96 million from $56.88 million in the prior-year period
Bragg Gaming Group Revenue Declines in Second Quarter
The B2B online gaming technology platform reported revenue of 22.89 million euros for the three months ended June 30, 2026
S-3 Shelf Push Reaches Six Issuers
Six companies sought accelerated effectiveness for Form S-3 shelf registrations in 2026, with four requests clustered in May after two earlier winter requests.
Hanwha Ocean reports 1.18 trillion won operating profit
The shipbuilder recorded consolidated revenue of 8.65 trillion won for the first half of 2026.
FDA Issues New Biological Hazard Guide for Fresh-Cut Produce
The agency updated safety standards for manufacturers of ready-to-eat produce to align with current preventive control regulations.
Treasury Yield Spread Widens to 0.48 Percentage Points
New Treasury data shows a slight steepening of the yield curve alongside a mix of cooling inflation and steady labor metrics.
Trimble Raises 2026 Outlook After Record Recurring Revenue
Annualized recurring revenue reached a record $2.51 billion as the company lifted full-year revenue guidance to $3.90 billion–$3.95 billion.
Bio-Techne Organic Sales Rebound After a Third-Quarter Drop
Fourth-quarter organic revenue rose 3% to $321.2 million as the company agreed to be bought by Merck KGaA for $73 a share.
Sutro Reports Early STRO-004 Responses in Phase 1
The company posted $9.8 million of second-quarter revenue and $164.3 million of cash as it optimized STRO-004 between 4 and 5 mg/kg.
Omega Flex Sales Decline Widens After Housing-Starts Drag
Second-quarter net sales were $24.06 million, 5.8% below a year earlier, and net income fell 35.6% to $2.68 million.
M-tron's Adjusted EBITDA Growth Accelerates
Adjusted EBITDA rose 40.6% to $3.4 million in the three months ended June 30, 2026, as backlog reached $84.0 million.
Lexeo Starts LX2006 Pivotal Trial, Wins RMAT for LX2020
Cash, cash equivalents and investments were $234.2 million as of June 30, 2026, which the company said it expects to fund operations into 2028.