Industries — page 14
Nabors to Invest $35 Million in Quaise Energy
The drilling contractor said the stake advances its plan to put automation and well-construction capabilities into adjacent energy markets.
Malibu Boats to Buy Saxdor Yachts in $203.9 Million Deal
The recreational powerboat maker said the mixed-structure purchase of the Finnish adventure-dayboat builder fills a premium whitespace in its portfolio.
Synopsys Lifts Full-Year Revenue Outlook to $9.715 Billion
The chip-design software maker posted third-quarter revenue of $2.477 billion and non-GAAP earnings of $3.91 a share, above the high end of its prior range.
Nvidia Third-Quarter Revenue Outlook Reaches $108 Billion
The AI chipmaker posted $96.2 billion in second-quarter sales and said it is not assuming any Data Center compute revenue from China in the new forecast.
CrowdStrike Net New ARR Reaches Record $333 Million
The cybersecurity company lifted full-year fiscal 2027 net new ARR growth guidance to 34% at the midpoint after a 51% year-over-year acceleration.
Agilent Lifts Full-Year Revenue Outlook to $7.51 Billion
The lab-equipment maker posted $1.88 billion in third-quarter sales and raised non-GAAP earnings guidance to $6.18 to $6.21 a share.
Victory Capital to Buy First Eagle for $7.0 Billion
The San Antonio asset manager said the mixed-consideration deal adds a global value multi-asset franchise and a scaled CLO and alternative credit platform.
Priority Technology to Acquire IntelliPay
The payments company said the deal will create Priority Commerce Government, extending its enterprise payments platform into state and local municipalities.
Biohaven to Buy SK Biopharm's Kv7 Assets in $795 Million Deal
The clinical-stage biopharmaceutical company will pair its opakalim program with SK's epilepsy commercial platform.
AMETEK Completes $5.0 Billion Indicor Instrumentation Acquisition
The industrial-technology company said the deal adds about $1.1 billion of sales and a roughly 50% aftermarket mix, with businesses folded into Electronic Instruments and Electromechanical groups.
Zoom Enterprise Revenue Grows 7.8% to $787.5 Million
The collaboration software company posted second-quarter revenue of $1,277.2 million, up 4.9% from a year earlier.
Williams-Sonoma Raises Fiscal 2026 Outlook After Comp Acceleration
Comparable brand revenue rose 6.2% in the second quarter, and the company lifted its full-year comp range to 4.0% to 6.5%.
Semtech Sales Reach Record $341.9 Million
The semiconductor maker guided third-quarter net sales of $410.0 million plus or minus $5.0 million.
Smucker Raises Fiscal 2027 Outlook After Tariff Refunds
Adjusted earnings were $3.24 a share, including an $0.84 tariff-refund benefit, and the company lifted its full-year adjusted earnings range to $10.50–$11.00.
nCino Revenue Growth Slowed to 8% at $161.0 Million
The agentic-banking platform posted $13.6 million of GAAP operating income and authorized another $100 million of share buybacks.
Intuit Posts $21.4 Billion Fiscal 2026 Revenue
Fourth-quarter revenue rose 14% to $4.4 billion, a faster pace than the 10% gain in the third quarter.
HP Raises Fiscal 2026 Outlook After Record Third-Quarter Sales
The company lifted full-year non-GAAP EPS to $3.19–$3.29 and free cash flow to $3.0–$3.2 billion after $15.7 billion of third-quarter net revenue.
Dick's Cuts 2026 Earnings Outlook to $10.94–$11.94
The sports retailer posted $3.50 a share in the second quarter as Foot Locker comps turned negative 3.6%.
Bath & Body Works Raises 2026 Earnings Outlook After Direct Sales Rebound
The company lifted full-year 2026 earnings guidance to $3.13 to $3.33 a share after second-quarter sales of $1.51 billion beat a prior decline forecast.
Willis Lease Finance to Buy 12 Aircraft and 13 Engines
The aircraft-engine lessor said the asset purchase will expand its lease book and feed engine-based programs such as ConstantThrust.
Valley National Bancorp to Buy Providence Financial for $247 Million
The mixed cash-and-stock deal adds a Chicagoland branch network to Valley’s commercial franchise.
CrossCountry Mortgage Completes $12.00-a-Share Cash Take-Private of Two Harbors
The distributed retail lender closed its all-cash acquisition of the MSR-focused REIT after raising the price twice and dropping a competing UWM deal.
Papa John’s to Sell PZZA Group Restaurants
The pizza chain said the asset purchase furthers its initiative to refranchise corporate-owned locations with proven partners.
Par Pacific to Sell Laramie Energy for $485 Million
The Houston-based refiner will exit its 46% stake in the Western Colorado natural gas producer and book about $146 million of the cash consideration.
Navitas Semiconductor to Buy Claros in $232.8 Million Deal
The power-semiconductor maker said the acquisition completes its grid-to-xPU portfolio and advances its AI-infrastructure strategy under Navitas 2.0.
Olin and Huntsman Shareholders Approve Merger of Equals
The all-stock combination of the two chemicals makers is expected to close in the first half of 2027.
Box Billings Growth Reaccelerates After a Slow Quarter
Second-quarter billings reached $309.5 million, up 17%, after 5% growth in the prior quarter, as remaining performance obligations rose to $1.7 billion.
USA Rare Earth to Close Serra Verde Acquisition After Shareholder Vote
The rare earth producer said the Brazilian mine will anchor an integrated mine-to-magnet chain once the deal closes.
Martin Marietta Completes $13.5 Billion Lhoist North America Combination
The aggregates producer said the deal expands its Specialties platform and makes it the nation’s leading limestone producer.
Kimbell Royalty Partners to Buy Affiliated Interests for $221.2 Million
The mineral and royalty owner said the drop-down spans more than 3 million gross acres and 29,000 producing wells across four basins.
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.
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.
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%.