Large-Caps — page 3
Centene Raises 2026 Adjusted Earnings Floor After Third-Quarter Loss
Adjusted diluted earnings were $0.58 a share as the company lifted the 2026 adjusted EPS floor to greater than $5.20.
Cincinnati Financial Restores Third-Quarter Operating Income
Non-GAAP operating income was $443 million, or $2.86 a share, as the property casualty combined ratio improved to 90.9% from 100.8% in the second quarter.
Cadence Raises 2026 Growth Outlook Again
Third-quarter revenue was $1.633 billion as the company lifted full-year growth to 21% and non-GAAP EPS to $8.40.
Blackstone Cuts Dividend as Distributable Earnings Fall
Distributable earnings were $1.7 billion, or $1.32 a share, after $63.3 billion of inflows lifted assets under management to $1.37 trillion.
American Tower Raises 2026 Property Revenue Outlook
Third-quarter property revenue reached $2,734 million as the company lifted the full-year midpoint by $55 million on Data Centers outperformance.
Cencora to Buy American Oncology Network in $2.4 Billion Deal
Cencora said the oncology MSO purchase will expand its physician-led specialty platform and support of care in communities across the country.
AT&T And Verizon Grow Customers And Lift EPS Outlooks
Customer gains accompanied higher adjusted earnings and stronger annual adjusted EPS outlooks at AT&T and Verizon.
Railroads Gain Freight Volume And Revenue
CSX, Norfolk Southern and Union Pacific reported stronger third-quarter demand, but margin performance diverged.
Defense Ramps Offer Cash Protection Before Proven Returns
Lockheed Martin and RTX describe customer support for munitions investment, while Northrop expects operating and tax offsets to absorb heavier B-21 spending.
Verizon Lifts 2026 Postpaid Adds Outlook to 1.1 Million to 1.2 Million
Third-quarter postpaid phone net additions reached 406,000, more than doubling the prior quarter, and the company raised full-year 2026 guidance for a third straight period.
Kimberly-Clark to Complete Kenvue Acquisition in Fourth Quarter
Kimberly-Clark offered to exchange any and all Kenvue notes for up to $7 billion of new Kimberly-Clark notes plus cash, with indenture amendments set to take effect upon settlement of those offers.
EQT to Buy Range Resources in All-Stock Deal
The all-stock merger is expected to create America’s only vertically integrated natural gas producer with more than 30 years of inventory.
Salesforce to Buy Braze in All-Cash Deal
Salesforce said Braze’s real-time engagement and AI decisioning tools are expected to complement Salesforce’s four architecture layers — Data 360, Customer 360, Agentforce and SIForce — following the close and sharpen Marketing Cloud personalization.
CRH Completes $8.5 Billion Arcosa Deal
The building-materials group closed the $150-a-share cash merger, converting Arcosa into a wholly owned subsidiary and lifting combined U.S. aggregates production past 265 million tons.
Cencora to Buy American Oncology Network for $2.4 Billion
The mixed-structure purchase is meant to expand Cencora’s physician-led oncology MSO and support of care in communities across the country.
CBRE to Buy Onnec Group for Initial $610 Million in Cash
The all-cash purchase is framed as a step toward a global infrastructure services business that would sit alongside CBRE’s real estate franchise.
Abbott Plans Spin of Nutrition Unit With $8.5 Billion in Annual Sales
The healthcare company said the planned distribution would leave Abbott with a higher-growth, innovation-driven mix of medical devices, diagnostics and established medicines.
Texas Instruments Posts Faster Third-Quarter Revenue Growth
Third-quarter revenue reached $6.06 billion, up 28% from a year earlier, and the company set a fourth-quarter range of $5.80 billion to $6.30 billion.
CSX Operating Margin Reaches 39.1% on Record Revenue
Third-quarter revenue hit a record $4.02 billion as fuel surcharge income doubled and merchandise, intermodal and coal volumes and prices rose.
American Express Lifts 2026 EPS Outlook After GBTG Gain
Third-quarter revenue net of interest expense was $20.1 billion, up 9% year over year, as the company raised full-year EPS guidance to $18.30–$18.60.
SLB Restores Sequential Growth Across Regions
Third-quarter revenue reached $9.45 billion, up 5% from the prior quarter, as the Middle East rebounded and ChampionX posted its highest quarterly sales since the July 2025 deal.
MarketAxess deal gets early end to HSR waiting period
The acquisition by Intercontinental Exchange satisfied its HSR condition, with shareholder and other regulatory approvals still outstanding.
This Week in Energy — October 22, 2026
U.S. crude inventories declined as distillate and natural gas stocks increased. Valero reported a completed refinery project, and Kinder Morgan said a gathering expansion serving the Haynesville Basin was nearing completion.
Steel Dynamics Extends Sequential Profit Gain
Third-quarter net income reached $756 million, or $5.26 a share, as steel operations posted $1.0 billion of operating income.
RTX Raises 2026 Sales and Earnings Outlook Again
Adjusted earnings were $2.26 a share after a second consecutive lift to full-year adjusted sales, EPS, and free cash flow.
Philip Morris Raises Full-Year Volume Outlook
The company lifted its 2026 shipment-volume assumption to growing from broadly stable to slightly growing, with high single-digit smoke-free shipment growth.
P&G Restores Organic Sales Growth After a Stalled Quarter
Organic sales rose 4.0% in the July–September quarter as volume and mix returned, and the company kept its fiscal 2027 organic-sales and core-EPS ranges intact.
Norfolk Southern Reverses Second-Quarter Earnings Decline
The railroad posted $3.5 billion of third-quarter revenue, a 14% year-over-year gain, and $1.15 billion of income from railway operations.
Northrop Grumman Lifts 2026 Profit Outlook After Record Backlog
Third-quarter sales rose 7% to $11.1 billion as the company raised MTM-adjusted EPS guidance to $29.35–$29.75.
Netflix Cuts 2026 Ad Revenue Outlook After Slow Rollout
Full-year revenue is now $51.1 billion, 0.2% below the prior range midpoint, with advertising seen at about $2.7 billion instead of $3 billion.