Large-Caps — page 10
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.
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.
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.
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.
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.
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.
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.
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.
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.
OBBBA tax law reshapes R&D cash flows
Five US companies report mixed impacts from the July 2025 tax overhaul, with R&D expensing rules driving near-term cash benefits.
Investment Spending Emerges as the Week's Common Thread
Across 22 companies spanning 10 industries, the loudest signal this week was capital commitment: data centers, infrastructure, storage acquisitions, and balance-sheet discipline all pointed toward continued investment.
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.
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.
Digital Realty to Buy Columbia Capital in $485 Million Mixed Deal
The acquisition accelerates Digital Realty's private-capital platform and deepens its reach into adjacent digital infrastructure sectors as AI demand surges.
CRH to Buy Arcosa in $8.5 Billion All-Cash Deal
The acquisition advances CRH’s strategy to dominate North America’s infrastructure megatrends with an aggregates-led portfolio.
Enterprise Software Vendors Race to Rebrand Around Agentic AI
Five major platform companies have repositioned their core identities around autonomous AI agents in recent filings, signaling a rapid industry-wide pivot.
Steel Dynamics lifts profit view on metal-margin surge
The steelmaker set second-quarter earnings guidance 75% above year-ago levels.
Kroger Cuts Buyback as Sales Growth Slows to 1% and Margins Narrow
The grocer reaffirmed its full-year adjusted EPS outlook of $5.10 to $5.30 despite identical sales without fuel slowing to 1.0% in the first quarter.
Allstate posts modest policy growth amid pricing shifts
The insurer added 1 million policies in force in the quarter, reaching 212 million.
AI Data Centers Fuel Power Construction Surge
Six infrastructure and tech firms report intensifying demand for power generation projects tied to AI-driven electricity needs.
Progressive earnings jump 36% on premium growth
The insurer posted $2.47 a share in May, up from $1.81 a year earlier.
Jabil lifts guidance as AI demand accelerates
The electronics manufacturer raised its full-year earnings outlook to $12.70 a share after core profit rose 20%.
CME Volumes Hit Record as Rates, Energy Surge
The exchange operator’s average daily volume jumped 32% sequentially to 36.2 million contracts in the first quarter.