Industries — page 7
SSR Mining to Buy Roxmore in $464 Million Cash Deal
The gold miner will pay C$6.75 a share for Converse, a multi-million-ounce resource next to Marigold, and expects more than $200 million in life-of-mine synergies.
Porch Group to Buy Allied Trust in Mixed $105 Million Deal
The purchase is expected to add about $200 million of Reciprocal written premium and $25 million of Adjusted EBITDA in the first full year after closing.
McEwen to Sell Timmins Assets for $55 Million
The gold miner will take $5 million in cash and $50 million in Discovery shares to fund a 250,000–300,000 gold-equivalent ounce production target by 2030.
IonQ to Buy Elisity in Up to $1.3 Billion Stock Deal
The quantum platform company said the all-stock combination will pair post-quantum cryptography with Zero Trust policy enforcement for enterprise and government customers.
BlackRock to Buy WCAS Stake in CenterWell Clinic Ventures
The new venture covers nearly 150 clinics, with BlackRock as majority owner and CenterWell as minority owner. CenterWell will continue to manage and operate the clinics.
Teradyne to Invest $300 Million in FormFactor
The automated-test maker is pairing its platforms with FormFactor’s probe and interface work to speed AI and high-performance-compute test from wafer to data center.
Aci Lifts 2026 Guidance as Software Demand Stays Positive
Aci Worldwide raised full-year revenue and adjusted EBITDA guidance after first-half results and pipeline strength, as demand and outlook comments stayed mostly positive.
Delta Cuts Full-Year Outlook After Fuel Spike
The carrier now sees adjusted earnings of $5.10 to $5.60 a share and about $2.5 billion of free cash flow for 2026.
Avient Names UPL Chief Mike Frank as President and CEO
The materials-solutions company kept 2026 adjusted EPS guidance at $3.10 to $3.25 after a second-quarter beat of $0.96.
XMax to Buy Hexa Creation in Unpriced AI Power Deal
The company said the purchase puts it into high-voltage power semiconductors as it extends an AI strategy already running through software, platforms and GPU services.
Pebblebrook Hotel Trust to Sell Hotel Zags for $10.0 Million
The REIT said it will use proceeds for general corporate purposes, including opportunistic common or preferred share repurchases.
Gran Tierra Shareholders Approve $1.33 Billion Colombia-Ecuador Sale
The vote moves Gran Tierra toward a December 31 close that would leave the company debt-free with about $250 million in cash to fund Canada and Azerbaijan.
GigCapital8 to Buy Quantisimo in $666 Million Stock Deal
The SPAC will issue 66.61 million shares of a new holding company to take the WISeKey-SEALSQ quantum vehicle public under a Root-to-Qubit platform.
Baldwin Insurance Group to Buy Cobbs Allen Capital Holdings
The insurer agreed to acquire the capital-holdings firm in a transaction whose structure and price were not disclosed.
PepsiCo Cuts 2026 Core EPS Growth Outlook
Organic revenue grew 3.1% in the third quarter as PepsiCo set its full-year organic revenue growth outlook at about 3% and cut core EPS growth guidance to 2.5%–3.5%.
Diamondback Oil Prices Fall After a Record Second Quarter
Unhedged realized oil averaged $87.30 a barrel in the third quarter, down from $96.82 in the second, as the Permian producer booked a $182 million net loss on commodity contracts.
Crescent to Buy Devon Eagle Ford Assets for $3.85 Billion
The deal adds about 68 Mboe/d of net production and more than 600 Tier 1 net locations, with closing expected in late 2026 or early 2027.
Brookdale Occupancy Gain Accelerates After a Slow Quarter
Third-quarter weighted average occupancy reached 83.1%, up 130 basis points from a year earlier, after a 230-basis-point year-over-year lift in the second quarter.
Viatris to Buy Pacira BioSciences in $1.65 Billion Cash Deal
The global healthcare company said the non-opioid pain assets EXPAREL and ZILRETTA fit a fast-acting meloxicam opportunity.
NovaGold to Buy Paulson's 40% Donlin Stake
The all-share deal would give NovaGold 100% of Alaska's Donlin Gold, projected as the largest single U.S. gold mine, in a combined company valued at about $4.9 billion.
Movado Group to Sell EBEL in $66.5 Million Asset Deal
The watchmaker said the sale will sharpen its focus on accessible luxury watches and jewelry while giving EBEL a dedicated ownership platform.
Hess Midstream to Buy Chevron DJ Basin Assets for $200 Million
The cash asset purchase is expected to make Hess Midstream an independent, multi-basin midstream operator with Bakken and DJ Basin positions and contracts through 2045.
Crescent Energy to Buy Devon Eagle Ford Assets for $4.2 Billion
Devon said the cash sale high-grades its portfolio and sharpens focus on highest-return, longest-duration assets after the Coterra merger.
DiamondRock Hospitality to Buy Bellmoor Inn for $31 Million
The lodging REIT framed the independent resort as a supply-constrained asset with in-place cash flow and operational upside.
Real Estate: Shore nonaccrual rises, refinancing warnings persist
Lenders reported divergent commercial real estate credit measures and retained refinancing warnings, alongside improvements in office occupancy and leasing assessments.
EV and Auto Transition: Program Risks and Recovery Forecasts
QuantumScape expanded its warning about automaker program cuts, suppliers described production and cost pressures, and Aspen later outlined an industry recovery outlook.
Energy Sector: War Warnings Sharpen, Gas Projects Enter Service
Energy companies paired more explicit military-risk language with operating milestones for natural gas pipelines and LNG exports.
Worthington Steel Posts First Results With Kloeckner
First-quarter net sales were $2,726.6 million after the June majority acquisition, while a $7.0 million continuing-operations loss replaced a year-earlier profit of $36.8 million.
Venture Global Holds LNG Sales Near Second-Quarter Volume
The company sold 465.8 TBtu of LNG in the quarter ended September 30, 2026, at an implied weighted average fixed liquefaction fee of $6.79 per MMBtu.
Profound Preliminary Third-Quarter Sales Beat Consensus
The company expects third-quarter revenue of $9.8 million to $10.0 million, about 45% to 47% above the $6.78 million Bloomberg mean.
Levi Strauss Raises 2026 Profit Outlook After Tariff Refunds
The apparel maker lifted full-year adjusted diluted EPS to $1.54–$1.56 and said it would start a $100 million buyback.
Helmerich & Payne Flags High-End Fourth-Quarter Margins
The driller now expects International Solutions direct margins of around $45 million in the fiscal fourth quarter, lifting the segment toward the top of its prior range.
Figure's Third-Quarter Volume Growth Cools From 132%
Consumer Loan Marketplace volume reached $5.12 billion, at the high end of the $4.8 billion to $5.2 billion range, excluding Kiavi after the Sept. 1 close.
Applied Digital's Adjusted Ebitda Reaches $64.4 Million
Revenue was $341.9 million in the fiscal first quarter ended August 31, 2026, as HPC Hosting posted $262.6 million and Polaris Forge 1 reached 175 MW of live capacity.
APA's U.S. Oil Realized Price Falls as Gas Turns Positive
The company estimated a $190 million before-tax gain on oil and gas purchases and sales in the third quarter, down from $345 million.
Third Coast to Buy Great Plains in $239.6 Million Stock Deal
The all-stock merger is expected to expand Third Coast’s Dallas footprint and put the Texas community bank into Oklahoma.
Healthcare Services Group to Buy NEXDINE Hospitality for $93.5 Million
The all-cash purchase of a privately held dining and hospitality service manager is meant to expand HCSG into senior living and hospitality-driven care.
Insurance catastrophe losses and pricing: Rates fell, warnings held
Insurers described falling catastrophe renewal rates, market-driven premium reductions and persistent risks from severe weather and higher replacement costs.
Freight and Logistics Cycle: Firmer Rates, Uneven Demand
Companies described tighter capacity and higher freight rates alongside persistent demand weakness and trade-related risks.
Defense Demand: Record Backlogs and Drone Program Wins
Companies reported record backlogs and a more established drone opportunity, alongside explicit conditions on funding and conversion to revenue.
Data-Center Power Demand Meets Contracts and Supply Limits
Companies detailed customer-backed power commitments and construction schedules, alongside warnings that electricity availability could constrain AI expansion.
Boston Scientific Recalls Imager II Angiographic Catheters
The company said catheter tips may fracture or detach, leaving fragments in patients or migrating through the vasculature.
Constellation Raises Fiscal 2027 Reported Earnings Range
The beer and wine maker lifted its fiscal 2027 reported EPS outlook to $11.85-$12.55 after second-quarter net sales of $2,633 million.
RPM Narrows Fiscal 2027 Sales and Ebitda Outlook
First-quarter sales reached a record $2.22 billion, up 4.8%, as Performance Coatings and Consumer growth offset a Construction Products stall.
Penguin Names Cumming CFO After Record Fiscal 2026
The AI Factory Platform company said it posted multiple records in the fourth quarter and lifted its fiscal 2027 outlook.
Neogen Raises Fiscal 2027 Outlook After Core Growth Rebound
First-quarter revenue was $222.8 million, up 6.5% from a year earlier, and the company lifted full-year revenue guidance to $885 million to $890 million.
HubSpot Cuts Nearly 660 Jobs to Reorganize Around Outcomes
The company said it will reduce its team by about 7% as it shifts product teams away from hubs toward customer outcomes.
BioMarin Flags $320 Million Alesta Charge for 2026
The biologic-therapies company said the August 31 deal will add about $1.55 of pre-tax charges to full-year results and that it will issue updated 2026 guidance with third-quarter figures.
Repligen Completes $1.5 Billion BioLife Solutions Acquisition
The bioprocessing company closed the mixed cash-and-stock deal that was expected to be accretive to adjusted earnings by at least 25 cents in year two.
Skydance Completes $78 Billion Cash Purchase of Warner Bros. Discovery
The combination unites two studios, two streaming services, CBS and HBO, and CBS News and CNN under one owner.