Industries — page 11
Hims & Hers to Buy Eucalyptus in Global Expansion Deal
The acquisition extends the telehealth platform’s reach across five countries, positioning it as an everyday health companion for consumers worldwide.
ESAB to Buy Eddyfi Technologies in $1.45 Billion Deal
Acquisition accelerates ESAB’s expansion into inspection and monitoring with high-margin, high-growth instrumentation technology.
Welltower expands senior housing portfolio through aggressive investment
The real estate investment trust increased its quarterly common stock dividend 15% to $0.85 a share.
Norfolk Southern halts profit slide as costs weigh
The railroad’s adjusted earnings per share fell just 1% as volume declines eased.
IFF to Sell Food Ingredients Unit to CVC for $4.3 Billion
The flavor-and-fragrance maker will narrow its portfolio to three businesses after divesting a division that generated $3.1 billion in annual sales.
Hewlett Packard Enterprise revenue jumps 40%
The enterprise technology provider raised its full-year earnings guidance to $3.35-$3.45 a share.
FedEx Spins Off Freight Unit, Resets Guidance
The logistics giant distributed 80.1% of FedEx Freight shares to stockholders in its latest quarter.
Credo's Revenue Growth Decelerates as Optical Deal Signals Next Phase
The connectivity-chip maker posted $437 million in fourth-quarter revenue, up 157% year over year but marking a sharp slowdown in sequential growth.
LXP Industrial Trust to Buy Phoenix Covered Land Investment for $103 Million
The asset purchase allows LXP to secure an infill industrial redevelopment site in a market driven by advanced manufacturing and data center growth.
Liberty Global to Combine VodafoneZiggo, Telenet in $7.7 Billion Deal
The transaction aims to create a Benelux telecom powerhouse with sharper strategic focus and a planned 2027 Euronext listing.
IFF to Sell Food Ingredients Unit in $4.3 Billion Asset Deal
The divestiture sharpens the company’s focus on higher-margin segments and strengthens its balance sheet.
Verizon to Buy Array Spectrum Licenses in $1 Billion Asset-Purchase Deal
The transaction advances Array's strategy to monetize retained wireless spectrum following the $4.3 billion sale of its wireless operations to T-Mobile.
Cisco Posts Record Revenue as AI Orders Surge
The networking giant raised its full-year revenue guidance to as much as $63 billion after a 12% jump in sales.
Oracle raises revenue guidance as cloud infrastructure growth accelerates
The software giant raised its fiscal 2027 total revenue guidance to $90 billion following a 22% increase in quarterly sales.
Microsoft Revenue Accelerated as Cloud, AI Demand Lifted Results
Microsoft Cloud revenue reached $54.5 billion, up 29% from a year earlier.
Meta Revenue Growth Accelerated as Ad Pricing Rose
Meta raised its 2026 capital-spending outlook to $125 billion to $145 billion as data-center costs climbed.
Amazon Posts Fastest AWS Growth in 15 Quarters
The e-commerce giant reported $30.3 billion in net income, including $16.8 billion in pre-tax gains from Anthropic investments.
Wells Fargo NII Slips as Margin Pressures Mount
The San Francisco-based lender saw net interest income fall 2% sequentially to $12.1 billion in the first quarter.
Johnson & Johnson Raises Outlook as Sales Accelerate
Adjusted earnings fell 2.5% to $2.70 a share, putting margin pressure at the center of Johnson & Johnson's higher 2026 outlook.