Industries — page 7
Corteva Names Vylor as Seed Spinoff, Sets Board Lineups for Split
The agricultural sciences company assigned formal names and leadership teams to both entities ahead of a planned fourth-quarter separation.
Copart revenue growth accelerates after two quarters of declines
The online vehicle-auction operator posted $1.2 billion in quarterly revenue, its highest growth rate in a year.
TopBuild Posts Revenue Growth as Margins Narrow
The building-products distributor’s first-quarter sales rose 17.2% year over year to $1.45 billion.
Zymeworks to Buy Theravance Biopharma in $929 Million Cash Deal
The acquisition adds a unique nebulized COPD treatment to Zymeworks' portfolio to diversify its revenue streams through partner-driven cash flows.
Rocket Lab to Buy Iridium in $8 Billion Mixed Deal
The acquisition unites Rocket Lab’s launch and satellite manufacturing with Iridium’s global network and spectrum to create a vertically integrated space powerhouse.
QXO Completes $17 Billion Acquisition of TopBuild
The deal unites North America’s largest insulation installer with QXO’s roofing and lumber distribution network, creating a $18 billion building-products giant.
Martin Marietta to Buy Lhoist North America in $13.5 Billion Mixed Deal
The acquisition would make Martin Marietta the nation's leading lime producer, advancing its SOAR 2030 strategy to build an irreplicable upstream materials platform.
Korn Ferry to Buy AMS in $1.1 Billion Mixed Deal
The acquisition aims to create a global leader in talent and organizational consulting by combining complementary geographic and industry footprints.
Rocket Lab to Buy Iridium in $8 Billion Mixed Deal
The transaction unites Rocket Lab’s launch and satellite manufacturing with Iridium’s global network and spectrum to create a vertically integrated space company.
Digital Realty to Buy Blackstone Stake in Three Virginia Data Centers for $7.8 Billion
The mixed-cash-and-stock deal expands Digital Realty's ownership of fully leased hyperscale assets and deepens its private-capital partnership with Blackstone.
QXO to Close $17 Billion All-Stock Acquisition of TopBuild
Shareholders of both companies overwhelmingly approved the deal, which will create the second-largest publicly traded building products distributor in North America.
Retailers split on store fleet overhauls
US chains are pruning underperforming locations while testing brand conversions to lift productivity.
Select Medical Profit Slumps as Costs Outpace Revenue
Adjusted earnings per share fell to 36 cents from 44 cents a year earlier.
Oceaneering prices $500 million senior notes offering
The subsea robotics provider priced the notes at a 6.875% coupon rate.
Z Squared to Buy Paradox Data in $5 Million All-Stock Deal
The acquisition would add energized power and immersion cooling to Z Squared’s AI infrastructure portfolio as grid constraints tighten.
BlackRock-Led Consortium to Buy AES in $33.4 Billion All-Cash Deal
The transaction, offering a 40% premium, positions the energy company for accelerated growth as a private entity with enhanced capital flexibility.
Regional Banks Find Margin Relief as Deposit Costs Dip
Smaller lenders are seeing net interest margins expand as the cost of funding eases and loan portfolios shift toward higher-yield products.
Southern Copper posts record profit on margin surge
Net income margin expanded to 37.1% in the latest quarter, up 6.8 percentage points from a year earlier.
Public Storage expands credit, doubles down on mergers
The REIT upsized its revolving credit facility to $3 billion and announced a $10.5 billion deal for National Storage Affiliates.
Insulet raises annual outlook as international sales accelerate
The medical device maker reported first-quarter revenue of $761.7 million, a 33.9% increase from a year earlier.
Darden's LongHorn Drives 23% Profit Jump as Olive Garden Cools
The restaurant group posted $3.66 in adjusted earnings per share, a 22.8% year-over-year increase that capped a fiscal year of accelerating profit growth.
Clearwater Analytics goes private in $8.4 billion deal
Stockholders received $24.55 a share, a 47% premium over the November 2025 undisturbed price.
Acuity lifts profit margins as sales growth slows
The lighting and building-controls supplier reported a 420-basis-point expansion in operating profit margin to 16.1%.
American Express Posts Fastest Card Spending Growth in Three Years
The payments company posted $4.28 a share in the first quarter, up 18% year over year, as card-member spending accelerated to its strongest pace since 2023.
Merck KGaA to Buy Bio-Techne in $11.3 Billion All-Cash Deal
The acquisition would unite two life-sciences leaders to support customers across discovery, development, and commercial manufacturing workflows.
Onsemi to Buy Synaptics in $7 Billion All-Stock Deal
The acquisition would extend onsemi’s reach into edge AI and expand its total addressable market to $243 billion by 2030.
Permira-Led Group Completes $8.4 Billion Take-Private of Clearwater Analytics
The all-cash deal at $24.55 a share positions the investment-management platform to accelerate its AI roadmap away from public-market scrutiny.
Retail Tariff Pressure Starts to Ease
Four retailers show tariff costs shifting from a margin shock toward a refund question, though exposure has not disappeared.
Raymond James AUM Surge Masks Loan Slowdown
The brokerage’s assets under management jumped 35% YoY to $342.7 billion in May, fueled by an April acquisition.
Paychex Profit Jumps as Costs Flatten
The payroll processor’s operating margin hit 37.7% after acquisition-related expenses eased.
Micron Revenue Surges 346% to Record as AI Memory Demand Accelerates
The chipmaker posted $25.11 in non-GAAP earnings per share, more than double the prior quarter, as data-center memory revenue nearly tripled year over year.
Ionis Lifts Sales Outlook After FDA Broadens TRYNGOLZA Label
The biotech raised its 2026 revenue forecast by $75 million after total revenue nearly doubled year-over-year to $246 million in the first quarter.
When Title Scale Meets Cash Walls
Title insurers are showing stronger margins, but the sturdier case is shifting from who has the largest platform to whose earnings and cash are least exposed when pricing or volume turns.
Texas Pacific Land Posts Record Revenue on Oil Royalties, Data-Center Land Sale
The land and royalty company reported $236.8 million in quarterly revenue, a 21% year-over-year increase driven by higher oil prices and a new data-center land transaction.
Quantum Computing posts first revenue from acquisitions
The company swung to a $4.1 million net loss after booking $3.7 million in quarterly sales.
Keurig Dr Pepper posts accelerating sales growth
The beverage company reaffirmed its 2026 guidance after full-year net sales rose 8.6% on a constant-currency basis.
F5 Growth Slows as Cyber Costs Weigh on Margins
The application-security provider raised its full-year revenue outlook despite a sharp deceleration in systems sales.
Blackstone Fee-Related Earnings Rise 23% on AUM Growth
Fee-earning assets under management climbed 9% year-over-year to $937.6 billion in the first quarter.
Texas Pacific Land to Sell Reeves County Assets for Data-Center Power Hub
The landowner will supply land and brackish water for Chevron’s giga-watt power plant in exchange for cash and exclusive water-sourcing rights.
Quantum Computing to Buy NHanced Semiconductors in $73 Million Mixed Deal
The acquisition launches QCi's second fabrication facility, accelerating its thin-film lithium niobate platform toward commercial-scale production.
FirstCash to Buy Ramsdens in $273 Million All-Cash Deal
The acquisition deepens FirstCash's U.K. footprint just months after it completed its takeover of H&T, consolidating the pawnbroker's position as the largest publicly traded pawn platform across the Americas and Britain.
Public Storage buys into Canada with $1.2B deal
The self-storage operator reported first-quarter net income of $2.71 a share, up 33% from a year earlier.
Comfort Systems USA revenue jumps 51% on technology demand
The mechanical and electrical contractor reported first-quarter net income of $370.4 million.
Digital Realty Posts Record Bookings, Raises Full-Year Outlook
The data-center REIT signed leases expected to generate $707 million in annualized rent, a company record, and lifted its 2026 Core FFO guidance to $8.00-$8.10 a share.
CRH bets $8.5B on U.S. aggregates leader Arcosa
The building-materials giant called the deal accretive to earnings, margin, and cash flow within 12 months of closing.
Centene lifts profit outlook after earnings jump
The health insurer raised its 2026 adjusted earnings guidance above $3.40 a share.
Align Technology announces board leadership transition
The medical device maker named Kevin Conroy to succeed C. Raymond Larkin, Jr. as chairman.
AbbVie buys Apogee for $10.9 billion as immunology sales accelerate
The drugmaker raised its full-year earnings guidance despite a $0.41 hit from acquired R&D costs.
Public Storage to Buy Public Storage Canada in $1.2 Billion Mixed Deal
The acquisition aims to scale the company's footprint in Canadian markets characterized by low per capita supply and strong population growth.
Middleby to Spin Off Midera Food Processing in Strategic Separation
The separation is intended to allow both entities to accelerate growth as independent companies with distinct strategic focuses in their respective markets [1][2].