June 2026 — page 6
Healthcare Leads Surge in ATS Mix Across Six Industries
Off-exchange trading shifted heavily toward ATS venues during the week of June 1, 2026, led by a massive spike in Healthcare & Pharma.
USA Rare Earth to Build $1.2 Billion Magnet Plant in South Carolina
Revenue quintupled to $5.7 million in the first full quarter of metal sales from its LCM acquisition, as the company laid out plans for a massive domestic manufacturing expansion.
Ulta Beauty sales growth accelerates to 11%
The beauty retailer’s first-quarter earnings rose 15.5% to $7.74 a share.
Ulta Beauty Raised Profit Outlook as Sales Accelerated
Diluted earnings rose to $7.74 a share as gross margin improved and comparable sales kept growing.
Shake Shack lowers full-year profit and revenue guidance
The company reduced its full-year net income forecast to a range of $45 million to $55 million.
Palo Alto Networks lifts guidance after revenue jumps 31%
The cybersecurity firm raised its full-year revenue outlook to $11.3 billion after third-quarter sales climbed to $3.0 billion.
Hub Group restates prior quarters, flags leadership exits
The transportation-services provider disclosed a $77 million understatement of purchased transportation costs and accounts payable.
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 sales growth slows as shoppers pull back
Same-store sales rose 2% in the latest quarter, down from 4.3% in the prior period.
Dollar General raises annual profit outlook as margins expand
The discount retailer reported first-quarter diluted earnings of $2.00 a share.
Worthington Steel to Buy Kloeckner in $2.4 Billion All-Cash Deal
The acquisition would create the second-largest steel service center company in North America by revenue and deliver $150 million in annual synergies.
John Wiley & Sons to Buy Emerald Publishing in $452 Million Cash Deal
The acquisition expands Wiley's journal portfolio to 2,500 titles and strengthens its proprietary content library for AI and data analytics applications.
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.
ESAB to Buy Eddyfi Technologies in $1.45 Billion Deal
Acquisition accelerates ESAB’s expansion into inspection and monitoring with high-margin, high-growth instrumentation technology.
Marks and Spencer raises dividend as statutory revenue hits £17.3bn
The retailer increased its full-year dividend by 16.7% to 4.2p per share.
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.
Welltower expands senior housing portfolio through aggressive investment
The real estate investment trust increased its quarterly common stock dividend 15% to $0.85 a share.
Norfolk Southern halts profit slide as costs weigh
The railroad’s adjusted earnings per share fell just 1% as volume declines eased.
ILPT Narrows Loss 58% as Rent Rolls Accelerate for Sixth Straight Quarter
The industrial logistics landlord posted $0.33 a share in normalized funds from operations, up from $0.20 a year earlier, as leasing spreads widened and its Mountain JV locked in fixed-rate financing.
IFF to Sell Food Ingredients Unit to CVC for $4.3 Billion
The flavor-and-fragrance maker will narrow its portfolio to three businesses after divesting a division that generated $3.1 billion in annual sales.
Hewlett Packard Enterprise revenue jumps 40%
The enterprise technology provider raised its full-year earnings guidance to $3.35-$3.45 a share.
FedEx Spins Off Freight Unit, Resets Guidance
The logistics giant distributed 80.1% of FedEx Freight shares to stockholders in its latest quarter.
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.
Credo's Revenue Growth Decelerates as Optical Deal Signals Next Phase
The connectivity-chip maker posted $437 million in fourth-quarter revenue, up 157% year over year but marking a sharp slowdown in sequential growth.
LXP Industrial Trust to Buy Phoenix Covered Land Investment for $103 Million
The asset purchase allows LXP to secure an infill industrial redevelopment site in a market driven by advanced manufacturing and data center growth.
Liberty Global to Combine VodafoneZiggo, Telenet in $7.7 Billion Deal
The transaction aims to create a Benelux telecom powerhouse with sharper strategic focus and a planned 2027 Euronext listing.
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.
Verizon to Buy Array Spectrum Licenses in $1 Billion Asset-Purchase Deal
The transaction advances Array's strategy to monetize retained wireless spectrum following the $4.3 billion sale of its wireless operations to T-Mobile.
Obsidian Energy Lowers 2026 Heavy Oil Production Guidance
The producer reduced its 2026 heavy oil production estimate to 11,700 bbl/d from a previous midpoint of 11,800 bbl/d.