Large-Caps — page 8
Retailers and Software Firms Split on Buybacks
Abercrombie and Snowflake spent billions on repurchases while Best Buy, Dillard's, and Victoria's Secret paused or slowed.
SEC Pressed Air Products on Tax-Rate Math, Uzbekistan Deal
Across letters spanning 2022 to 2026, the SEC pushed Air Products to reconcile a $695 million tax benefit and to justify treating a $1 billion Uzbekistan facility purchase as a loan rather than a sale.
Flex to Buy EPC Power in $4.4 Billion Deal
The electronics manufacturer said the purchase expands its Cloud and Power Infrastructure unit as data centers shift to 800V power architectures.
Snowflake Product Revenue Growth Reaches 37%
The AI Data Cloud company lifted full-year product revenue guidance to $6.07 billion after a third straight quarter of faster growth.
Ciena Raises Full-Year Sales Outlook After Record Quarter
Fiscal third-quarter revenue reached $1.67 billion, up 37% from a year earlier, and the company lifted full-year 2026 guidance to $6.42 billion plus or minus $50 million.
Vertiv to Buy Utility Innovation Holdings for $1.45 Billion
The all-cash deal adds microgrid controls, onsite generation and storage orchestration, with up to $1.15 billion more tied to EBITDA targets.
Palo Alto Networks Revenue Grew 34% to $3.41 Billion
Next-Generation Security ARR reached $9.10 billion after a 63% year-over-year increase in the fiscal fourth quarter.
NetApp Raises Fiscal 2027 Outlook After Record Quarter
First-quarter net revenues reached a record $2.03 billion, up 30% from a year earlier, after 12% growth in the fourth quarter and 4% in the third.
Medtronic Organic Growth Reaches 13.7% After Two Slower Quarters
The healthcare-technology company lifted fiscal 2027 organic growth guidance to 7.25% to 7.75% after first-quarter sales of $9.8 billion.
Credo Sequential Revenue Growth Slows to 9.6%
The connectivity maker guided second-quarter fiscal 2027 sales to $525 million to $535 million.
Public Storage to Buy PS Canada in $1.2 Billion Deal
The self-storage operator will take direct ownership of 68 Canadian properties, extending its platform beyond the U.S. and Shurgard Europe.
Keurig Dr Pepper to Sell Chobani Stake for $925 Million
The beverage company will use net proceeds to reduce debt as it positions Beverage Co. and Global Coffee Co. for long-term success.
Sonic Automotive's BEV Margin Drag Narrows as Hybrids Outpace EVs
Auto retailer, supplier and utility disclosures this window trace a widening gap between hybrid and battery-electric demand even as California's zero-emission car share kept climbing.
Credo Flags 'Bubble' Talk as AI Capex Language Splits Filings
Credo Technology became the first company in the group to name market 'bubble' concerns around AI infrastructure spending, as peers diverged between warning on capex sustainability and doubling down on buildout risk.
SLB to Buy Kelvion in $3.4 Billion Cash Deal
The energy-services company said the purchase adds thermal-management technology to its Data Center Solutions business.
ONEOK to Buy Brazos Permian Assets for $4.425 Billion
The midstream company said the Midland Basin gathering and processing platform advances its wellhead-to-water strategy and adds long-term contracted volume.
Aon to Buy USI in $17.0 Billion Deal
The global risk adviser said the combination will establish the premier U.S. middle-market platform after its 2024 NFP acquisition.
Walmart and TJX Buy Back More Stock
Retail giants kept buying shares while software and home-goods firms paused or stopped repurchases.
Marvell Posts Record $2.74 Billion Revenue
The data-infrastructure chipmaker guided third-quarter fiscal 2027 net revenue to $3.150 billion, plus or minus 5%.
Synopsys Lifts Full-Year Revenue Outlook to $9.715 Billion
The chip-design software maker posted third-quarter revenue of $2.477 billion and non-GAAP earnings of $3.91 a share, above the high end of its prior range.
CrowdStrike Net New ARR Reaches Record $333 Million
The cybersecurity company lifted full-year fiscal 2027 net new ARR growth guidance to 34% at the midpoint after a 51% year-over-year acceleration.
Agilent Lifts Full-Year Revenue Outlook to $7.51 Billion
The lab-equipment maker posted $1.88 billion in third-quarter sales and raised non-GAAP earnings guidance to $6.18 to $6.21 a share.
AMETEK Completes $5.0 Billion Indicor Instrumentation Acquisition
The industrial-technology company said the deal adds about $1.1 billion of sales and a roughly 50% aftermarket mix, with businesses folded into Electronic Instruments and Electromechanical groups.
Intuit Posts $21.4 Billion Fiscal 2026 Revenue
Fourth-quarter revenue rose 14% to $4.4 billion, a faster pace than the 10% gain in the third quarter.
Martin Marietta Completes $13.5 Billion Lhoist North America Combination
The aggregates producer said the deal expands its Specialties platform and makes it the nation’s leading limestone producer.
FDA Approves Bristol Myers Squibb's Zenbexus
The FDA cleared Zenbexus under NDA 221075 on Aug. 13, 2026.
Institutions Rotate Into Semis, Retail, and Industrials
Second-quarter 13F positioning added $92.5 million to semiconductors and $51.8 million to retail and consumer names, and trimmed software and cloud by $36.6 million.
Ross Stores Raises Full Year Earnings Outlook To $8.77
The off-price retailer reported second quarter earnings per share of $2.66, which included a $0.60 benefit from tariff refunds.
TJX Profit Margins Widen as Marmaxx Comp Growth Stalls
TJX Companies posted a 24% jump in diluted earnings to $1.36 a share in the second quarter, aided by a one-time $331 million tariff refund even as comparable sales growth slowed to 4% from 6% in the prior quarter.
Target's Comparable Sales Growth Accelerates on Tariff-Refund Boosted Earnings
Target reported second-quarter earnings per share of $4.11, more than double the prior year, as a $994 million tariff refund and accelerating digital sales pushed the retailer to raise its full-year outlook.