Industries — page 9
Cardinal Infrastructure to Buy Allied Paving Contractors
The infrastructure contractor said the paving crews will let it sequence paving behind grading and site development in Northern Georgia.
Progress Software Closes Domo Deal and Lifts Full-Year Revenue
Third-quarter revenue was $246 million as ARR reached $873 million and the company raised fiscal 2026 revenue guidance to $1.044 billion–$1.052 billion.
Micron Posts Record Year and Lifts First-Quarter Outlook
Fourth-quarter revenue reached $54.23 billion, and the company now sees first-quarter 2027 sales of $61.5 billion, plus or minus $1.5 billion.
Jabil Beats Fourth-Quarter Outlook and Raises Fiscal 2027 Revenue
Fourth-quarter net revenue reached $10.6 billion, above the $9.2 billion to $10.0 billion range Jabil had set, as the company posted a fiscal 2027 outlook of $44.5 billion.
FactSet's Organic ASV Growth Eases to 7.0%
Organic annual subscription value reached $2,568.2 million at August 31, 2026, as GAAP revenue growth slowed to 6.3% and the company guided fiscal 2027 organic ASV growth of 5.0% to 6.5%.
Cal-Maine's Operating Loss Widens as Egg Prices Stay Low
Gross profit was $403,000 in the quarter ended Aug. 29, 2026, and the company posted a $58.6 million net loss, or $1.26 a share.
Conagra Reverses Sales Gain and Restarts Organic Decline
Organic net sales fell 1.1% in the quarter ended Aug. 30, 2026, after being approximately flat in the prior quarter, as volume dropped 2.1%.
TTM Technologies Completes $1.1 Billion Epiq Cash Deal
The electronics manufacturer closed its purchase of the software-defined radio maker to add long-cycle Aerospace & Defense capabilities.
MSG Sports to Spin Off Rangers in October
The Knicks owner said board approval puts a one-for-two share split of the Rangers business on a path to close by October 26, 2026.
KKR Affiliate to Buy Integer in $5.7 Billion Cash Deal
Early HSR termination clears one closing hurdle as the medical-device CDMO heads to a virtual stockholder vote on October 21.
Hormel Foods to Buy Brakebush Brothers for $1.055 Billion
The packaged-foods company said the value-added chicken producer will expand its Foodservice platform and deepen operator relationships.
Grindr to Buy PurposeMed in $250 Million Cash-and-Stock Deal
The dating-app operator said the purchase accelerates Grindr Health by putting PrEP inside the app at little to no cost to users.
Trump Media to Merge with TAE in $6 Billion Stock Deal
The all-stock combination is set to create a publicly traded fusion company that plans to site a 50 MWe plant in 2026.
Peoples Bancorp to Buy Capital Bancorp in $728 Million Stock Deal
The all-stock merger is expected to lift the combined franchise to about $14 billion in assets and add nationwide specialty platforms to Peoples' community-banking model.
Brink's to Close NCR Atleos Deal Early in 2027
The cash-and-stock combination now targets an earlier close after shareholder votes and Hart-Scott-Rodino clearance, with a NoteMachine/TestLink UK sale left off the $200 million synergy math.
Workday Keeps Adjusted Outlook After Job and Office Cuts
Job cuts and reduced office space will add charges that reduce reported profit margins. Workday kept the rest of its third-quarter and full-year outlook unchanged.
Uranium Energy Starts Burke Hollow and Lifts Fourth-Quarter Output
Combined fourth-quarter production reached 82,744 pounds of precipitated uranium and dried and drummed U3O8, with a total cost of $36.54 a pound.
Vail Resorts Lifts Fiscal 2027 Ebitda Outlook After Record-Low Snow
The ski operator guided Resort Reported EBITDA to $805 million–$865 million for the year ending July 31, 2027, after fiscal 2026 net income of $147.5 million.
CarMax Reverses a Sales Slide and Restarts Buybacks
Net earnings reached $1.16 a share, up 81.3% from $0.64 a year earlier, as combined units reached 387,735.
Jefferies Extends Investment Banking and Equities Records
Net earnings attributable to common shareholders were $261 million, or $1.08 a share, as Advisory and Equities both set quarterly records.
Carnival Raises Full-Year Outlook After Record Third Quarter
The cruise operator posted $8.44 billion in revenue and lifted 2026 adjusted net income guidance by more than $150 million versus June.
AAR Agrees to Buy 65% of MRO Holdings
The aviation aftermarket platform posted $918.0 million of first-quarter sales, up 24%, and lifted full-year fiscal 2027 sales-growth guidance to low teens.
AstraZeneca to Invest $2 Billion in Summit Therapeutics
The oncology developer also agreed to pair ivonescimab with AstraZeneca’s sonesitatug vedotin in gastrointestinal cancers.
SmartStop to Buy Strategic Storage Canada in $54 Million Deal
The self-storage REIT said the 25 Class A properties would make it Canada's third-largest operator and add Halifax and Quebec City to its Canadian footprint.
Peoples Bancorp to Buy Citizens National in $76.6 Million Deal
The mixed cash-and-stock merger is expected to be immediately accretive, with a tangible book value earnback of less than one year.
Long Lake Completes $6.3 Billion Cash Buy of Amex GBT
The AI holding company closed its all-cash take-private of the travel-software operator, which will delist from the NYSE and run under Long Lake.
Fox Factory to Sell Marucci Business to Wheelhouse
The suspension maker is exiting premium diamond-sports bats and plans to use the proceeds to cut outstanding debt.
AAR to Buy MRO Holdings in $4.0 Billion Mixed Deal
The aviation aftermarket platform said the controlling stake will make it the largest heavy-maintenance MRO in the world, servicing nearly 3,000 aircraft a year.
Baxter Recalls Saline and Dextrose Bags Over Particles
Two separate recalls concern fiberglass in saline bags and stainless-steel particles in dextrose bags. FDA report dates were September 9 and September 16.
Valley National to Buy Bluevine in $340 Million Mixed Deal
Valley said the fintech purchase is expected to add core funding, a small-business growth platform, and faster digital and AI capabilities.
TransDigm Completes $1.066 Billion Cash Purchase of Prince & Izant
The aerospace components maker closed a July agreement to buy the Cleveland-based brazing-alloy producer from Industrial Growth Partners.
Paramount Skydance to Buy Warner Bros. Discovery in $78 Billion Cash Deal
The media company will fund the all-cash purchase with notes, cash on hand, term loans and a previously announced equity financing.
Getty Realty to Buy 41 Convenience Stores in $260.9 Million Deal
The net-lease REIT added Refuel as its third-largest tenant through four long-term unitary leases on the acquired stores.
FTAI Energy Partners to Buy Port Arthur Terminal for $255 Million
The cash purchase of a Gulf Coast terminal and a Hardisty diluent unit is framed as a take-or-pay crude logistics platform that more than doubles Jefferson’s Adjusted EBITDA.
Brixmor to Buy Slate Grocery REIT Assets for $2.34 Billion
The grocery-anchored shopping-center REIT said the asset purchase is immediately accretive and will add 23 centers in markets it already occupies.
Tamboran Delivers First Beetaloo Gas to Northern Territory
The company contracted 40 TJ/d (gross) of Pilot Project gas to the Northern Territory Government at a fixed, CPI-escalated price as it completed the Sturt Plateau Compression Facility about US$9 million under budget.
Titan International to Sell Italtractor ITM Undercarriage for Up to $285 Million
The off-highway wheel and tire maker said the cash asset sale will sharpen focus on core operations and fund accretive growth and debt reduction.
Fox Factory to Sell Marucci Parent for $225 Million
The suspension maker is exiting the sports-equipment brand after a February review, citing weaker-than-expected returns and a need to strengthen its balance sheet.
Apple's Double-Digit Growth Anchors Hardware Demand
Hardware issuers posted a wave of positive demand and outlook comments as Apple, ADTRAN, and others described broad-based strength.
TD SYNNEX Growth Accelerates to 37.7% on Record Quarter
Revenue reached $21.6 billion, above the high end of the $18.2 billion to $19.0 billion outlook, as non-GAAP gross billings hit $31.8 billion.
Fuller Raises Fiscal 2026 Ebitda Outlook After Pricing Turn
Organic revenue rose 4.4% in the third quarter as pricing lifted net revenue 7.4%, and the company now sees fiscal 2026 adjusted EBITDA of $655 million to $670 million.
Darden Reaffirms Fiscal 2027 Outlook After Same-Sales Slowdown
Blended same-restaurant sales rose 3.1% on a fiscal calendar basis as total sales reached $3.2 billion, and the company kept full-year diluted earnings of $11.10 to $11.35.
Costco's Fourth-Quarter Sales Growth Eases From Third Quarter
Fourth-quarter net sales rose 11.2% to $93.9 billion, a slower year-over-year pace than the third quarter's 11.6% increase.
BlackBerry Lifts Fiscal 2027 Outlook After Record QNX Quarter
Second-quarter revenue was $163.3 million, up 26% from a year earlier, as QNX posted a record $80.3 million and the company raised its full-year outlook.
Select Water Solutions to Buy Pilot Water for $700 Million
The water-infrastructure operator will fold a private Delaware Basin midstream company into its recycling and disposal network.
Vertiv to Buy King Environmental in EMEA Thermal Deal
The critical-infrastructure provider said the purchase is expected to extend fluid-management services into Europe, Middle East and Africa after a North America-focused PurgeRite close.
Ligand to Invest Up to $47 Million in AvenCell
The royalty aggregator said the stake will help advance AvenCell’s CRISPR-engineered allogeneic CAR-T programs in AML and B-cell malignancies.
Akamai to Take Anthropic $11.6 Billion Cloud Commitment
The cybersecurity and cloud computing company said a seven-year contract will fund Anthropic’s rising CPU workloads on Akamai Cloud’s distributed AI infrastructure.
Archer to Acquire Boeing’s Wisk, SkyGrid and Insitu Units
The eVTOL maker said the deal will fold autonomy, UAS and airspace-intelligence businesses into its ZEE physical-AI platform, with Boeing taking a stake.
Food, Beverage & Tobacco Demand Stays Positive as Outlook Lifts
Demand comments stayed positive and outlook turned constructive even as avocado prices and tequila volumes weighed.