June 2026 — page 5
Campbell’s profit slump deepens on weak soup demand
Adjusted earnings per share fell 32% to $0.50 in the latest quarter.
Casey’s Skips Financials in Board-Focused Release
The convenience-store operator disclosed no earnings or operating metrics in its latest update.
Alliance Resource buys Permian royalties, lifts output forecast
The coal and oil producer raised its 2026 oil and gas royalties volume guidance after a $206.2 million acquisition.
Palladyne AI to Acquire IAI’s Loitering Munitions Portfolio in Defense Push
The deal combines Israel Aerospace Industries’ combat-proven systems with U.S.-based engineering and manufacturing to accelerate delivery to the Department of War.
Nurix Therapeutics to License BTK Degrader Bexobrutideg to Roche in Up to $2.3 Billion Deal
Roche gains rights to Nurix's brain-penetrant BTK degrader, paying $700 million upfront with milestones tied to oncology, immunology and neurology indications.
Standard BioTools to Buy Treeline Biosciences in $460 Million All-Stock Deal
The acquisition aims to deploy capital behind a catalyst-rich oncology pipeline and an experienced drug-development team.
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.
Alliance Resource Partners to Buy AllDale Minerals Interests in $206 Million Deal
The acquisition gives the coal producer a broader foothold in the Permian Basin and a new entry point into the Haynesville shale, positioning it to capture long-term LNG export demand.
Concentrated Conviction in Specialty Finance and Biotech
A surge of insider clusters across banking and therapeutics reveals targeted open-market buying.
Honeywell Spins Off Aerospace in Record Share Split
The industrial conglomerate set June 29 as the distribution date for its aerospace unit, handing shareholders one new share for every two held.
Honeywell Sets Aerospace Spin-Off Ratio, Reverse Split
Shareholders of record are expected to receive one Honeywell Aerospace share for every two Honeywell shares held.
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.
REITs and banks ride leasing strength, lower deposit costs
Smaller REITs and regional banks report rising rents, falling funding costs, and disciplined capital allocation this week.
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.
Planet Labs Raises Revenue Guidance as Quarterly Sales Hit Record
The satellite imaging company raised its full-year revenue outlook to as much as $441 million following a record first quarter.
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.
Lululemon posts first revenue decline in five years
The athletic-apparel retailer’s earnings per share fell 35% to $1.69 in the latest quarter.
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.
Alphabet Raises AI Financing as Cloud Growth Accelerates
The Google parent said first-party model APIs processed 19 billion tokens a minute.
Alphabet Posts Record Cloud Growth as AI Spending Surges
The internet giant’s Google Cloud backlog nearly tripled to $460 billion in the quarter.
Ciena raises annual revenue guide as cloud demand accelerates
The networking equipment provider reported second-quarter revenue of $1.57 billion, a 40% increase from a year ago.
Ciena posts 40% revenue jump as AI demand surges
Adjusted earnings per share leapt 290% to $1.64 in the fiscal second quarter.
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.
Datavault AI to Buy Fixed-Income Vehicle Assets in $2 Billion Deal
The asset purchase aims to create a collateral base for secured financing to scale the company’s digital-asset exchanges.
Descartes Systems Group Reports Record First Quarter Revenues
The logistics technology provider saw revenues rise 15% to $193.6 million for the first quarter of fiscal 2027.
National Grid Underlying Profit Rises to £3.86 Billion
The energy utility reported a total underlying operating profit of £5.68 billion for the year ended 31 March 2026
XPO Tonnage Rose as LTL Shipments Improved
XPO reported 594 operating locations in May, up from 592 earlier this year.
Veeva lifts guidance as R&D growth offsets commercial slowdown
The life-sciences software provider raised its full-year revenue outlook to as much as $3.645 billion.
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.
Old Dominion halts revenue slide as pricing holds
The less-than-truckload carrier posted a 2.9% year-over-year revenue decline, its smallest in five quarters.
Johnson Controls Raises Guidance as Backlog Hits Record High
The building technology company reported second-quarter adjusted earnings per share of $1.19, a 45% increase year-over-year.
Johnson Controls lifts profit forecast on backlog surge
The building-technology supplier raised its full-year adjusted EPS guidance to $4.65 a share.
Five Below Raises Outlook After Sales Beat
Comparable sales increased 22.7%, topping Five Below’s prior forecast for a 14% to 16% gain.
Fifth Third Projects 19% ROTCE Following Comerica Merger
The bank expects the acquisition to drive a 200-basis-point improvement in its efficiency ratio to the low-to-mid 50s by 2027.
Five Below, Medtronic Lead June 3 Earnings Wave
Discount retailers and healthcare tech report strong growth as AI infrastructure investments scale.
CrowdStrike posts record cash flow as growth reaccelerates
The cybersecurity firm raised its net new ARR growth guidance by 520 basis points at the midpoint.
CrowdStrike Lifts Outlook as Revenue Growth Accelerates for Fifth Straight Quarter
The cybersecurity company swung to a GAAP profit of $27.8 million as subscription revenue hit $1.32 billion, up 26% from a year earlier.
Broadcom revenue jumps 48% on AI chip demand
The chipmaker’s AI semiconductor sales more than doubled to $10.8 billion in the quarter.
Arch Capital Profit Nearly Doubles as Catastrophe Losses Recede
The insurer's net income surged 84% to $1.0 billion in the first quarter, powered by a sharp drop in catastrophe claims.
Arch Capital posts 84% jump in net income
The insurer reported annualized net income return on equity of 17.8%, up from 11.1% a year earlier.
Arch Capital earnings double on reinsurance rebound
The Bermuda-based insurer posted first-quarter net income of $1.0 billion, up 84% from a year earlier.
Richtech Robotics Buys Las Vegas Facility in $21.2 Million Asset Deal
The acquisition bolsters the company’s AI infrastructure and robotics data-collection capacity in a key regional hub.
ATN International Closes $268 Million Tower Sale to Everest Affiliate
The asset sale of 214 Southwestern U.S. towers is designed to bolster ATN's liquidity and fund debt repayment as the company sharpens its focus on core connectivity markets.
Sainsbury's Raises Profit Guidance as Grocery Sales Rise 5.3%
The UK's second largest grocer expects total cash returns to shareholders in financial year 2025/26 to exceed £800 million.
Land Securities raises EPS outlook on strong rental income growth
The company increased its potential FY30 EPRA EPS from approximately 60 pence to 70 pence.