Industries — page 21
Tanger to Buy Levis Commons Town Center in $60 Million Cash Deal
The acquisition is part of a disciplined external growth strategy to enhance the company's portfolio of open-air and lifestyle centers.
Revvity to Divest China Immunodiagnostics Business
The divestiture removes a segment that accounted for approximately 6% of the company's total 2025 revenue.
Resideo Completes ADI Global Distribution Stock Spinoff
The separation positioned Resideo as a pure-play building-technologies company focused on profitable growth and innovation.
Lumen Technologies Completes Acquisition of Alkira
The deal integrates a cloud-native Network-as-a-Service control plane to accelerate Lumen's programmable networking capabilities for AI workloads.
IREN to Acquire Mirantis in Mixed-Consideration Deal
The acquisition adds a software orchestration layer to IREN's vertically integrated AI Cloud platform to better serve hyperscalers and enterprises.
Hinge Health to Buy Cylinder Health in $105 Million Cash Deal
The acquisition would extend Hinge Health’s AI-powered care platform into chronic digestive care through a single app.
Hillman Solutions to Buy Kanebridge Corporation in $315 Million Deal
The acquisition provides Hillman Solutions with an immediate industrial master distribution presence and a foothold in the industrial channel.
Consortium to Buy Electronic Arts in $55 Billion All-Cash Deal
The acquisition by PIF, Silver Lake, and Affinity Partners aims to accelerate innovation at the intersection of creativity and technology.
Vertex Raises Revenue Guidance as New Therapies Gain Traction
The biotechnology company raised its full-year revenue outlook to a range of $13.1 billion to $13.2 billion.
TG Therapeutics Raises Outlook as BRIUMVI Sales Climb
The company lifted its 2026 global revenue target to approximately $950 million.
Site Centers Serves DTP Buy-Sell Notice After Sales
The REIT posted a $1.3 million net loss, or $0.03 a share, and held $238.9 million of unrestricted cash at June 30.
EchoStar’s Hughes Units File for Bankruptcy
The restructuring followed about $23 billion of spectrum sales to AT&T.
Marriott Raises Annual Outlook as North American Demand Accelerates
Adjusted diluted earnings per share rose 20% to $3.19 in the second quarter.
Loews Profit Rises 14% as Hotels Offset CNA Underwriting Strain
Loews Corp posted second-quarter net income of $444 million, or $2.16 a share, even as its CNA insurance unit's underlying combined ratio held near 94% for a second straight quarter.
Keros Starts Rinvatercept Phase 2 in Muscular Dystrophy
Cash and cash equivalents stood at $257.6 million as of June 30, 2026, a level the company said would fund operations into the first half of 2028.
GameStop Moves to Cut Debt Through Stock Exchange
The transaction would leave roughly $1.1 billion of 2030 notes outstanding after closing.
CNH Profit Slides 35% Even as Margins Recover From Q1 Trough
CNH Industrial reported second-quarter net income of $141 million, down from $217 million a year earlier, though sharply improved from the $10 million it earned in the first quarter.
CNA Profit Rebounds as Investment Income Offsets Underwriting Pressure
Net written-premium growth accelerated to 4% despite softer renewal pricing.
Black Rifle Direct-to-Consumer Growth Reaccelerates
Second-quarter net revenue was $107.0 million, up 12.8% from a year earlier, as Direct-to-Consumer sales rose 13.6% and Adjusted EBITDA reached $6.3 million.
Teleflex to Sell OEM Business in $1.5 Billion Cash Deal
The asset sale would sharpen Teleflex’s focus on higher-growth medical technologies while supporting debt reduction and shareholder returns.
Supernus Pharmaceuticals to Merge With Indivior Pharmaceuticals in All-Stock Deal
The combination aims to create a diversified central nervous system biopharmaceutical leader with $2.2 billion in combined annual revenues.
Intuitive Machines to Acquire Goonhilly and COMSAT to Expand Space Network
The acquisition adds a network of ground stations to enhance deep space communications and position, navigation, and timing capabilities.
Curium to Buy Lantheus in $8 Billion Cash-and-CVR Deal
Curium US Holdings agreed to acquire Lantheus Holdings for up to $114.50 a share, pairing its theranostics manufacturing base with Lantheus' U.S. radiodiagnostics franchise to build a company spanning diagnostics and therapy across more than 70 countries.
Liberty Global Buys Vodafone’s VodafoneZiggo Stake for €1 Billion, Equity
The transaction gave Liberty Global full control of VodafoneZiggo and advanced plans to form and list a broader Benelux telecommunications group.
KKR to Buy Integer Holdings in $5.7 Billion Take-Private Deal
KKR agreed to take medical-device manufacturer Integer Holdings private for $127 a share, capping a board-led strategic review with a premium of roughly 52% to the stock's price before the review began.
Indivior to Buy Supernus in All-Stock Merger
The combination aims to create a diversified central nervous system biopharmaceutical leader with $2.2 billion in combined annual revenues.
Indivior and Supernus to Combine in All-Stock Merger of Equals
The combination would create a scaled central-nervous-system drugmaker with $2.2 billion in annual revenue and $125 million in expected cost savings.
Esquire Completes Signature Bancorporation Merger
The combination added a Chicago commercial-banking franchise to Esquire’s national litigation and payments businesses.
Dorchester Minerals to Acquire Williston Basin Royalty Interests in Unit Deal
Dorchester Minerals expanded its Williston Basin footprint through a non-cash exchange of common units for roughly 3,100 net royalty acres, adding to a wave of unit- and cash-funded mineral bolt-ons across the basin.
American Family to Buy Bowhead Specialty for $1.2 Billion in Cash
American Family's move to take full ownership of its longtime reinsurance partner Bowhead reunites an insurer with the specialty underwriter it helped launch six years ago.
Brookfield Completes Oaktree Acquisition in $3 Billion Cash-and-Stock Deal
The acquisition broadens Brookfield’s global credit platform and brings Oaktree’s underwriting capabilities fully inside the asset manager.
Prysmian to Buy Atkore in $3.8 Billion All-Cash Deal
The acquisition would broaden Prysmian’s electrical-products portfolio as infrastructure investment accelerates.
MPLX Maintains Regional Gas Transmission Footprint Across New Mexico and Oklahoma
The company's midstream operations focused on interstate transmission services through its MarkWest subsidiaries during the 2024 reporting cycle.
Genesis Energy Maintains Stable Operational Footprint Across 2024 Pipeline Portfolio
The midstream operator reported no significant regulatory or structural changes across its primary pipeline subsidiaries during the report year.
AES manages divergent asset profiles across Ohio and Indiana utilities
The company balanced a pure-purchase power model in Ohio against a steam-heavy generation fleet in Indiana.
Western Union Slashes Full-Year Profit Outlook as Costs Climb
Western Union posted a 31% drop in operating income to $132.1 million as guidance for full-year adjusted earnings per share was cut to $1.25 to $1.35 from $1.75 to $1.85.
Vericel Raises Revenue Guidance Again, Adds First Buyback
Vericel swung to a $2.2 million profit and lifted its full-year revenue outlook to $330-$340 million even as quarterly growth cooled to 22%.
Universal Logistics Reverses First-Quarter Loss on Kearny Sale
GAAP earnings were $0.99 a share after a $45.3 million gain on Kearny property, while adjusted diluted earnings were $0.16 a share.
SunCoke Raises Full-Year Outlook as Industrial Services Hits Record
SunCoke Energy posted a sequential swing to $15.6 million in net income and lifted its full-year Adjusted EBITDA guidance for the second straight quarter.
Provident Financial's NIM Widens as Reserve Cushion Thins
Provident Financial Services (PFS) posted record net interest income of $202.7 million as its net interest margin expanded 8 bps to 3.48%, even as reserve coverage of non-performing loans fell to 134.87% from 235.61% at year-end.
Pioneer Bancorp's NIM Widens as Acquisitions Crush Efficiency, Capital
Net interest income at Pioneer Bancorp (PBFS) climbed 16.5% to $22.9 million in the second quarter, but four acquisitions closed in the period pushed the efficiency ratio to 78.33% and roughly halved return on equity.
Olin Swings Toward Breakeven as Merger Costs and Plant Outage Bite
Olin posted a $13.3 million net loss in the second quarter as an unplanned Freeport plant shutdown cut adjusted EBITDA by $40 million.
NMI Holdings Posts Third Straight Earnings Gain as NIW Jumps 31%
NMI Holdings reported net income of $105.8 million, or $1.38 a share, as new insurance written surged 31% from the prior quarter to $16.1 billion.
Moderna narrows quarterly loss as operating expenses decline
The biotechnology company reported a net loss of $0.8 billion for the second quarter, an improvement of $43 million over the prior year.
Merit Medical Raises Full-Year Guidance as Growth Accelerates
Merit Medical Systems posted second-quarter revenue of $418.8 million, up 10% year over year, and raised its full-year revenue and profit guidance.
LyondellBasell Swings to Profit as Olefins Margins Surge
LyondellBasell posted second-quarter net income of $559 million, reversing a first-quarter profit of just $125 million as tighter global supply lifted olefins and polyolefins margins.
Alliant Energy Reverses First-Quarter Earnings Growth
Second-quarter GAAP earnings were $0.65 a share as Interstate Power and Light earnings fell to $65 million.
Lear Raises 2026 Outlook After Second-Quarter Profit Lift
Core operating earnings reached $313 million, up 7% from a year earlier, as the company lifted the midpoints of its full-year 2026 outlook.
IES Holdings Revenue Growth Doubles as Backlog Nears Doubling
IES Holdings posted 40% revenue growth in its fiscal third quarter, more than double the pace of the prior two periods, as backlog swelled to $4.5 billion.
Healthcare Realty Raises FFO Guidance as Same-Store Growth Slows
Healthcare Realty Trust lifted its 2026 normalized FFO guidance to a $1.64-a-share midpoint even as quarterly same-store cash NOI growth decelerated to 5.1% from 6.9% in the prior quarter.