July 2026 — page 12
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.
FMC Ends Sale Review With Tessenderlo Minority Stake
The agrochemical maker paired the deal with a $1.2 billion bond offering and asset sales aimed at cutting debt after its revolving credit facility was amended for covenant relief.
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.
Consortium Led by Robert Ortenzio to Buy Select Medical in $3.9 Billion Deal
The all-cash take-private transaction is led by the company's executive chairman and private equity firm Welsh, Carson, Anderson & Stowe.
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.
Kimball Electronics to Buy Helvoet Polymer in €90 Million Asset Deal
The all-cash asset purchase gives Kimball Electronics a specialized medical CDMO with microfluidics and drug-delivery capabilities, extending its European footprint and opening a path into India.
Tessenderlo to Buy 20% Stake in FMC for $400 Million
The Belgian industrial group’s minority investment enables FMC to hit its $1 billion debt-reduction target while preserving independence.
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.