Mid-Caps — page 15
Hubbell lifts guidance after $3 billion acquisition
The electrical-products maker raised its full-year earnings forecast to $19.30-$19.85 a share.
Applied Digital Closes Cloud Spinoff, Secures $550 Million Credit Line
The data-center operator completed the ChronoScale separation and arranged a new revolving facility as it narrows its capital plan to a single Polaris Forge building.
Hubbell Completes $3 Billion Acquisition of NSI Industries
The deal expands Hubbell’s Electrical Solutions portfolio with complementary products for industrial, datacenter and network infrastructure markets.
Across 17 Filers, Credit and Rates Dominate the Conversation
Eleven of the 17 companies reporting this week, spanning six industries, centered their economic commentary on the cost and availability of credit rather than demand or pricing.
Ionis revenue doubles on drug sales, partnership windfall
The biotech raised full-year guidance after commercial revenue rose 42% and R&D revenue more than doubled.
Campbell’s profit slump deepens on weak soup demand
Adjusted earnings per share fell 32% to $0.50 in the latest quarter.
Hubbell to Buy NSI Industries in $3 Billion Cash Deal
The acquisition bolsters Hubbell’s Electrical Solutions portfolio with complementary products for industrial, datacenter and network infrastructure markets.
Concentrated Conviction in Specialty Finance and Biotech
A surge of insider clusters across banking and therapeutics reveals targeted open-market buying.
Bitmine Slows Ethereum Buying as Price Drop Erodes Treasury Value
The company's total crypto and cash holdings fell to $11.6 billion from $13.4 billion in three weeks as ETH prices declined 15%.
Industrial Demand Diverges as Consumer Softness Hits Apparel
Smaller companies report a sharp split between resilient professional equipment demand and a slump in consumer-facing sectors and global trade.
QXO Prices Debt Sale for TopBuild Deal
The building-products distributor set 6.500% and 6.875% coupons on notes due in 2031 and 2034.
QXO doubles revenue with TopBuild deal closing
The combined company now expects over $18 billion in annual sales and $2 billion in adjusted EBITDA.
Planet Labs revenue accelerates as backlog exceeds $900 million
The satellite imaging company reported record first-quarter revenue of $94.2 million.
Lululemon profit plunges as North America slumps
Earnings per share fell 35% to $1.69 in the latest quarter as gross margin compressed 410 basis points.
Knight-Swift Profit Plunges 68% on Claims, Weather Hit
The trucking and logistics company reported adjusted earnings of $0.09 a share, down from $0.28 a year earlier, after a string of one-time charges eroded first-quarter results.
Guidewire Software lifts revenue outlook on subscription strength
The property-casualty insurance software provider raised its full-year revenue guidance to as much as $1.47 billion.
Argan posts record revenue with 50% jump
The industrial contractor reported $46.1 million in net income for the quarter, more than double the year-earlier period.
QXO to Buy TopBuild in $17 Billion All-Cash Deal
The acquisition would create the second-largest publicly traded building-products distributor in North America, with over $18 billion in combined revenue.
XPO Tonnage Rose as LTL Shipments Improved
XPO reported 594 operating locations in May, up from 592 earlier this year.
TTM Technologies posts record sales on data-center demand
The circuit-board maker’s net sales jumped 30% to $846 million in the latest quarter.
Five Below Raises Outlook After Sales Beat
Comparable sales increased 22.7%, topping Five Below’s prior forecast for a 14% to 16% gain.
Five Below, Medtronic Lead June 3 Earnings Wave
Discount retailers and healthcare tech report strong growth as AI infrastructure investments scale.
Ulta Beauty sales growth accelerates to 11%
The beauty retailer’s first-quarter earnings rose 15.5% to $7.74 a share.
Hims & Hers Pivots Weight-Loss Strategy, Partners With Novo Nordisk
The telehealth company acquired Eucalyptus, adding 850,000 customers across five countries while overhauling its GLP-1 business.
Dollar General raises annual profit outlook as margins expand
The discount retailer reported first-quarter diluted earnings of $2.00 a share.
QXO to Buy TopBuild in $17 Billion Deal
The acquisition will make QXO the second largest publicly traded building products distributor in North America.
Hims & Hers to Buy Eucalyptus in Global Expansion Deal
The acquisition extends the telehealth platform’s reach across five countries, positioning it as an everyday health companion for consumers worldwide.
Capex Holds Steady as Credit Costs Shape Corporate Plans
Across a 37-company slice of this week's disclosures spanning 13 industries, capital spending and the cost of credit emerged as the two most common threads, each running through 17 companies in 11 industries.
Bitmine Eyes ETH Milestone; People Inc. Bids for MGM Resorts
Crypto treasury growth and strategic M&A headlines a mixed day of corporate updates across financial and software sectors.
IFF to Sell Food Ingredients Unit in $4.3 Billion Asset Deal
The divestiture sharpens the company’s focus on higher-margin segments and strengthens its balance sheet.