Mid-Caps — page 8
Supreme Court ruling sparks tariff refund wave
Companies begin reclaiming IEEPA tariffs after the Court’s decision, though recovery remains uneven and uncertain.
DT Midstream expands interstate footprint via ONEOK acquisition
The company secured a 55% revenue increase for its Viking Gas Transmission unit through a FERC-approved settlement.
HF Sinclair Maintains Midstream Structure Across Delaware Pipeline Entities
The company's regulated pipeline operations remained centered on its Delaware-incorporated limited liability subsidiaries during the 2024 reporting cycle.
Invesco Flows Stall as Passive Demand Cools
Net long-term inflows collapsed to $8.0 billion in the second quarter, down from $18.9 billion in the prior period.
Ionis Raises Revenue Guidance Following First Independent Commercial Launch
The biotechnology company increased its full-year total revenue projection to as high as $900 million.
Sterling Infrastructure Doubles Credit Line as Revenue Growth Accelerates
Sterling Infrastructure expanded its credit facility to $1.5 billion, a $1.05 billion increase, days after posting 92% revenue growth in the strongest quarter of a four-quarter acceleration.
Levi Strauss Lifts Full-Year Guidance After Second-Quarter Profit Growth
The denim maker raised its full-year adjusted EPS outlook to $1.46 to $1.52, citing broad-based demand and margin gains.
HF Sinclair returns to profit as refining margins climb
The energy company reported consolidated revenue of $7.12 billion for the first quarter of 2026.
Copart Returns to Growth as Margins Expand
The online auto-auction company posted $1.2 billion in revenue, snapping a three-quarter decline.
Unum Doubles Down on LTC Reinsurance, Reserve Mix Shifts to Group
Unum Group struck a second Fortitude Re deal ceding $3.8 billion of long-term-care statutory reserves, pushing its cumulative reduction in that book toward 40%.
Unum to Buy Fortitude Reinsurance Block in $3.8 Billion Asset Deal
The transaction advances Unum’s strategy to reduce exposure to its legacy long-term care business while sharpening focus on its employee benefits franchise.
Solstice Advanced Materials to Buy Element Solutions in $14.5 Billion Mixed Deal
The acquisition deepens Solstice's exposure to semiconductor fabrication, AI infrastructure and data-center cooling as demand for advanced materials accelerates.
Retailers reap windfalls from card fee settlements
Dillard’s, Dick’s Sporting Goods and Macy’s booked hundreds of millions in one-time gains from interchange litigation, lifting earnings and cash flow.
Chipmakers Lead a Guidance Season Almost Free of Cuts
Across 130 companies issuing quarterly outlooks, raises outnumbered cuts roughly ten to one, with semiconductor, software and hardware makers reporting no lowered guidance at all.
Companies Report Firm Demand, Relentless Cost Pressure
In first-quarter 2026 filings across 168 domestic companies, cost inflation ran more than five to one negative while demand and capital spending held their ground.
AI Infrastructure Capital Floods In While Biotech Trials Split
Small-cap companies are seeing a sharp divide between massive AI infrastructure funding and mixed clinical trial outcomes, while energy firms pursue aggressive acquisitions.
Rivian's Software Revenue Surges 49% as Auto Gross Profit Swings to Loss
The EV maker's consolidated revenue grew 11% to $1.38 billion, but automotive margins buckled under a $100 million drop in regulatory credit sales.
Reinsurer trims assets as in-force book holds steady
Reinsurance Group of America’s total assets fell to $156.6 billion at year-end 2025.
QXO Closes TopBuild Deal, Targets $300 Million in Annual Synergies by 2030
The building-products distributor now commands the top position in insulation, waterproofing, and key lumber markets after completing its acquisition of TopBuild Corp.
General Mills posts profit rebound as margins recover
The packaged-foods company swung to a 27% jump in adjusted earnings after four quarters of declines.
Flutter Cuts Full-Year Guidance as Profit Margins Compress
Flutter Entertainment's first-quarter revenue rose 17% to $4,304 million, but net income fell 38% and the company lowered its 2026 outlook.
Eversource Sells Water Unit, Trims Earnings Outlook
The utility booked a $115 million after-tax charge tied to the $2.4 billion divestiture.
Dynatrace Targets Rule of 50 by 2029 as ARR Tops $2 Billion
The observability-software maker crossed $2 billion in annual recurring revenue in its fiscal fourth quarter, closing a year in which it raised guidance three times.
Columbia Banking System NIM Compresses as Asset Balances Dip
Net interest margin fell 10 bps to 3.96% in the first quarter as the bank navigated lower interest-earning asset balances.
QXO Completes $17 Billion TopBuild Acquisition in Mixed Deal
The transaction expands QXO’s scale across the building products value chain and advances its goal of $50 billion in revenue by 2030.
Eversource Closes $2.4 Billion Sale of Aquarion Water Company
The divestiture sharpens Eversource's focus as a pure-play regulated electric and gas utility while strengthening its balance sheet.
Utilities Lead Quarterly Dilution as Materials Buybacks Gain
Aggregate share counts rose across Utilities, Energy, and Healthcare while Materials and Retail saw net reductions.
Input Costs Squeeze Margins Even as Demand Holds Firm
Companies describe resilient demand and steady capital spending this quarter, but input-cost inflation, hiring caution and consumer strain dominate what management teams disclosed.
Constellation Brands Lifts Outlook as Beer Margins Stabilize and Earnings Rebound
The beer-and-spirits maker posted comparable earnings of $3.43 a share, reversing two consecutive quarters of declines.
PPL raises first-quarter earnings on Kentucky rate hikes
The utility provider reported first-quarter earnings from ongoing operations of $478 million, an 8% increase over the prior year.