July 2026 — page 4
Illinois Tool Works Raises Outlook as Organic Growth Accelerates
Operating income reached a company-record $1.147 billion as margins widened.
Integra's Revenue Growth Nearly Stalls Even as Margins Recover
Integra Lifesciences swung to a GAAP profit in the second quarter, but organic revenue growth slowed to 0.7%, its weakest pace in more than a year.
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.
Corning's Optical and AI Bets Push Ninth Straight Growth Quarter
Corning posted 17% core sales growth to $4.74 billion in the second quarter, its ninth consecutive quarter of year-over-year gains, while naming Amazon and NVIDIA as new optical-networking partners.
General Dynamics earnings rise as aerospace deliveries climb
The aerospace and defense company reported diluted earnings per share of $4.24 for the second quarter.
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.
Flex Posts Fastest Revenue Growth in a Year, Raises Guidance Again
Flex reported net sales of $7.9 billion, up 21% year over year, marking its fastest growth pace in four quarters even as free cash flow fell to $41 million.
Ford Raises Full-Year Profit Outlook Despite Revenue Decline
The automaker raised its full-year adjusted EBIT guidance to as high as $11.0 billion.
Ecolab raises organic sales growth as high-tech demand accelerates
The water and hygiene services provider reported adjusted diluted earnings per share of $2.09 for the second quarter.
Carvana Growth Cools as Margins Keep Expanding
Carvana posted a record $680 million in quarterly operating income even as retail unit growth slowed for a third straight quarter.
CONMED Reported Sales Go Flat as GI Exit Masks Organic Growth
CONMED's adjusted diluted earnings climbed 20% to $1.38 a share even as reported net sales grew just 0.3% to $343.5 million, a gap driven almost entirely by the completed exit of its GI product line.
BXP Raises FFO Guidance as Occupancy Climbs Despite Impairment Hit
BXP posted second-quarter funds from operations of $1.78 a diluted share, beating its guidance midpoint by 8 cents even as an $18 million impairment charge pushed net income down to $68.6 million.
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.
Peabody Earnings Collapse as Centurion Ramp Drags On
Peabody Energy's adjusted EBITDA fell to $24.0 million in the second quarter, an 83% drop from a year earlier, as costs at its new Centurion metallurgical mine outran higher coal prices.
Bausch & Lomb Swings to Profit, Raises Guidance on Surgical Surge
Bausch & Lomb (BLCO) reported second-quarter revenue of $1.394 billion, up 9%, as surgical sales jumped 19% and the company posted its second straight quarterly operating profit.
Boeing Turns Cash Flow Positive as 737 Output Climbs to 47 a Month
Boeing (BA) generated $631 million in free cash flow and lifted 737 production to 47 jets a month, even as a defense charge kept the company in the red.
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.
Avantor raises full-year guidance as revenue decline narrows
The company reported net sales of $1,692.3 million for the second quarter.
Ares Capital's Earnings Slip as Non-Accrual Loans Climb
Ares Capital reported GAAP earnings of $0.24 a share for the second quarter, less than half the $0.52 a share it posted a year earlier, as unrealized losses widened and problem loans crept higher.
ArcBest Revenue Accelerates as Adjusted Profit Rebounds
Adjusted earnings climbed to $2.38 a share from $1.36 a year earlier.
Amphenol Forecasts Further Growth After Communications-Led Quarter
Orders reached a record $10.7 billion as demand continued to outpace sales.
Aon Posts Slower Revenue Growth, Reaffirms Outlook
The company repurchased $600 million of shares, surpassing its full-year buyback objective.
ADP reports 7% revenue growth for fiscal 2026
The human capital management provider expects adjusted diluted EPS to grow between 9% and 11% in fiscal 2027.
Arch Capital's Profit Slips as Insurance Underwriting Falters
Arch Capital Group reported net income of $1.0 billion, or $3.00 a share, down from $1.2 billion a year earlier as its insurance segment's underwriting income fell 79% to $27 million.
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.
Tiptree to Buy Universal Shield Insurance Group in $100 Million All-Cash Deal
Tiptree is redeploying capital freed up by its $1.65 billion Fortegra sale into a new specialty P&C platform anchored by Universal Shield Insurance Group.
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.
AT&T Closes $23 Billion EchoStar Spectrum Deal
The spectrum purchase expands AT&T’s nationwide 5G capacity and supports its push to combine wireless and home internet services.
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.
MiMedx to Buy Sanara MedTech in $350 Million Cash-and-Stock Deal
The combination would nearly double MiMedx’s surgical revenue and broaden its regenerative-medicine portfolio.
J&J to Buy Firefly Bio in $1 Billion Cash Asset Deal
The acquisition hands Johnson & Johnson a degrader antibody conjugate platform aimed at KRAS-driven solid tumors long considered hard to drug.
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.
West Fraser Timber Reports Second Quarter Loss of $61 Million
The diversified wood products company saw six-month earnings drop to a $249 million loss from an $18 million profit in the prior year.
Kinross Gold Net Earnings Rise 88% for First Half
The gold miner reported net earnings attributable to common shareholders of $1.687 billion for the six months ended June 30, 2026
Hudbay Minerals Improves 2026 Cash Cost Guidance
The copper-focused miner reported second quarter revenue of $631.3 million and improved its full-year consolidated cash cost guidance to a range of $(0.45) to $(0.25) per pound of copper
CGI Reports Third Quarter Revenue Growth and EPS Accretion
The IT services provider reported diluted earnings per share of 2.23 Canadian dollars, a 22.5% increase year-over-year
GFL Environmental Raises Full Year Guidance Following Revenue Growth
The waste management company reported organic revenue growth of 6.4%, which accelerated sequentially by 180 basis points
Aris Mining Reports Second Quarter Gold Revenue of $321 Million
The gold miner ended the second quarter with a cash balance of $426 million after funding $121 million in capital projects
Agnico Eagle Adjusted Net Income Rises to $1.54 Billion
The gold producer reported a 36.3% increase in realized gold prices during the second quarter of 2026
EPA Extends Compliance Deadlines for PCE and CTC Risk Rules
Non-federal operators gain more time to implement workplace protection programs for perchloroethylene and carbon tetrachloride.
Acquisitions Add Sales Faster Than They Add Profit
Across packaged-food filings, deal-driven revenue growth is outrunning the earnings needed to cover the debt taken on to fund it.
AstraZeneca Reports H1 2026 Growth, Reconfirms Full-Year Guidance
Total revenue rose 6% at constant exchange rates, driven by Oncology and Rare Disease performance despite headwinds in China and the US.
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.
TFI International Operating Income Rises 29% in Second Quarter
The transportation and logistics provider reported a second quarter net income of $136.2 million, a 39% increase over the prior year period
Energy Transfer Expands Gulf Coast Footprint Through Strategic Acquisitions
The midstream operator integrated Buckeye and Gulf Coast assets while streamlining Permian terminal holdings to optimize its crude and product pipeline network.
Kinder Morgan Navigates Leadership Turnover Across Interstate Pipeline Network
The infrastructure giant managed critical rate adjustments and LNG send-out capacities while facing a wave of executive resignations across its subsidiaries.
Energy Transfer Manages Regulatory Shifts Across Interstate Pipeline Portfolio
The company navigated material legal proceedings and rate adjustments across its multi-state gas transmission network in 2024.
American Electric Power leverages FERC orders to boost non-operating income
The multi-state utility shifted its Texas footprint toward a pure transmission model while navigating high customer concentration in Kentucky and Texas.