Small-Caps — page 12
Churchill Downs Posts Record Revenue as Growth Cools
Churchill Downs (CHDN) reported record net revenue of $980 million for the second quarter, up 5% from a year earlier as growth decelerated from the double-digit pace seen in late 2025.
Blackstone Mortgage Trust Widens Loss on Credit Reserves
The real estate finance company recorded an $81.2 million net loss, or $(0.48) a share, as CECL reserves rose $106 million to $410 million.
Boot Barn Same-Store Growth Cools After a Record Year
The western retailer posted $593.5 million in first-quarter sales and $2.29 a share, including $0.38 from tariff refunds.
PHINIA to Buy stoba Group in Supply-Chain Deal
The acquisition would expand PHINIA’s manufacturing capabilities and give it greater control and flexibility across its supply chain.
Intercontinental Exchange to Buy MarketAxess in $5.7 Billion Cash Deal
The acquisition combines two complementary platforms to create an integrated fixed income ecosystem spanning execution, data, and analytics.
ICE to Buy MarketAxess in $5.7 Billion All-Cash Deal
Intercontinental Exchange said the acquisition would knit its retail bond and data franchise together with MarketAxess's institutional trading network to form a single fixed income marketplace.
Group 1 Automotive to Acquire Hennessy Automobile Companies in Asset Purchase
The acquisition is designed to expand the company's footprint in the Atlanta market to enhance operational efficiency.
Broadband losses deepen at major US providers
Charter, Comcast and Liberty Global all report accelerating declines in fixed-line subscribers and revenue.
Semiconductor Firms Brace for Hardening China Export Controls
Equipment and chip makers are navigating a tightening web of U.S., Dutch, and Japanese restrictions that limit access to advanced nodes and critical components.
Werner Raises 2026 Capital Spending After Fleet Turn
Second-quarter revenue reached $933.9 million and non-GAAP adjusted operating income was $27.6 million as the company lifted full-year net capital expenditures to $215 million to $250 million.
Scotts Miracle-Gro Raises Full-Year Outlook Despite Sales Slowdown
Scotts Miracle-Gro lifted its full-year adjusted profit guidance even as third-quarter net sales growth slowed to 1% and gross margins slipped on higher freight and commodity costs.
Seacoast Banking Posts Record Loan Growth, Wider Core Margin
Seacoast Banking Corp of Florida reported second-quarter net income of $59.5 million, or $0.55 a share, up 87% from the first quarter as a securities-repositioning charge fell out of the base.
Merchants Bancorp Profit Doubles as Credit Losses Recede
Merchants Bancorp posted net income of $78.3 million in the second quarter, up 106% from a year earlier as provisions for credit losses fell 83%.
Herc Holdings Raises Guidance as H&E Fleet Fixes Take Hold
Herc Holdings posted $1.072 billion in equipment rental revenue for the second quarter, up 23% from a year earlier, as dollar utilization improved for the first time since its H&E Equipment Services acquisition.
Fortrea's Cost Cuts Lift Margins as Revenue Slides Again
Fortrea Holdings posted a 4.5% revenue decline in the second quarter yet raised its full-year guidance for the first time this cycle, betting that cost discipline can outrun a stalled backlog.
First Busey's Margin Cools as Deposits Surge, Buybacks Widen
First Busey's adjusted net interest margin slipped 2 basis points to 3.62% in the second quarter even as deposits grew at an 11% annualized clip and the bank leaned harder into share repurchases.
Axogen Raises Sales Outlook as Breast Growth Reshapes Mix
The nerve-repair company lifted its 2026 revenue floor by $9 million to $279 million.
Armstrong World Sales Growth Accelerates, Guidance Raised Broadly
Armstrong World Industries posted 11.2% net sales growth in the second quarter, up from 7.1% in the first, as margin pressure eased and the company raised guidance across every key metric.
ArcBest Revenue Accelerates as Adjusted Profit Rebounds
Adjusted earnings climbed to $2.38 a share from $1.36 a year earlier.
VF Corp. Sells Dickies Brand to Bluestar Alliance for $600 Million
The divestiture is part of a broader strategic realignment of the apparel company's reportable segments and performance analysis.
Energy Fuels to Acquire Australian Strategic Materials in Rare Earth Push
The deal brings Energy Fuels a scheme-of-arrangement path to a second rare earth production line as the sector's court-approved consolidation wave continues.
T1 Energy to Buy Evervolt Solar Assets in $135 Million Deal
The asset purchase advanced T1 Energy’s plan to build an integrated U.S. silicon-based solar supply chain.
Procore to Buy DroneDeploy in $845 Million All-Cash Deal
The acquisition would fold DroneDeploy’s reality-capture and robotics tools into Procore’s push for AI-powered jobsite automation.
Grant Thornton Advisors to Buy CBIZ in $5 Billion Cash Deal
The acquisition combines Grant Thornton's multinational platform with CBIZ's U.S. middle-market presence to scale AI-enabled professional services.
Middle East Disruptions Hit Supply Chains
Conflict tied to Iran, Israel and the United States is pushing from energy and petrochemicals into oilfield services and food shipping routes.
Elevance Health Insiders Lead Weekly Buying Clusters
Concentrated open-market purchases emerged across six companies, led by a $1.4 million commitment at Elevance Health.
Sensient Raises Profit Guidance Again as Color Unit Surges
Sensient Technologies posted 36.4% diluted EPS growth in the second quarter and raised its full-year profit outlook for the second straight time.
S&T Bancorp Profit Climbs as Loan Growth Offsets Deposit Runoff
S&T Bancorp (STBA) posted second-quarter net income of $36.6 million, or $1.02 a share, up 8.5% from the prior quarter as commercial lending expanded and margins widened.
RingCentral Lifts Guidance Again as AI Revenue Share Hits 13%
RingCentral's revenue growth accelerated to 5.9% in the second quarter, its fastest pace in a year, as the company raised its full-year outlook for the second straight quarter.
Flagstar Ends Margin Expansion as Commercial Loans Grow
Net interest margin slipped 2 bps to 2.13% as lower asset yields outweighed cheaper funding.