July 2026 — page 5
Policy Rates Diverge as the ECB Cuts and the Fed Holds
Two central banks moved in different directions in the same week, and the spread is now at its widest in two years.
Japan's First-Quarter Season, Two-Thirds Reported
With most of the March-year cohort in, guidance raises are running ahead of last year — but concentrated in a narrow band of exporters.
Royal Bank Builds Reserves Even as Impairments Fall
Performing-loan provisions rose while actual credit losses improved — a combination that says more about the outlook than the quarter.
Enterprise Products Expands Midstream Footprint Through Strategic Asset Consolidation
The partnership integrated new pipeline entities and finalized ownership of Wilprise to streamline its regulated transport network.
Ameren expands MISO transmission footprint through multi-billion dollar project awards
The holding company leveraged formula ratemaking and securitization tools to fund grid expansion and the accelerated retirement of coal assets.
Electricity demand remains rigid despite 90 years of tech
A massive meta-analysis shows that automation and smart metering have failed to make power consumption more responsive to price changes.
An Appellate Ruling Narrows a Long-Running Software Patent Fight
The court vacated the damages award but left liability intact, sending the number — not the question — back for retrial.
Sector Funds Saw Their Largest Weekly Outflow Since March
Money left sector-specific equity funds while broad-market vehicles took in cash — a rotation, not a withdrawal.
SK Hynix Margins Widen as HBM Mix Passes Half of DRAM Revenue
High-bandwidth memory crossed a symbolic threshold, and the company's disclosure suggests pricing held rather than volume alone.
Japan's Trading Houses Split on Where the Commodity Cycle Goes Next
Five sogo shosha reported within eight days and disagreed, in their own guidance, about metallurgical coal and LNG.
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.
Verizon Raises Full-Year Outlook as Service Revenue Accelerates
The telecommunications provider expanded its full-year adjusted EPS growth guidance to a range of 6.0% to 7.0%.
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.
Revenue Rebounds as Acquisition Masks Core Decline
Revenue reached $8.97 billion as cash generation strengthened from the previous quarter.
Surgery Partners Sells Idaho Falls Hospitals for $795 Million
Surgery Partners agreed to sell its Idaho Falls hospital interests to Intermountain Health for roughly $795 million in total consideration, a deal management said would be layered onto guidance it has already reaffirmed three times this year.
Mapfre to Acquire Safety Insurance for $1.54 Billion
Safety Insurance Group (SAFT) agreed to be acquired by Mapfre for $105 a share in cash, a 44% premium, months after storm losses pushed the insurer to its first quarterly net loss in the period reviewed.
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.
Prudential Advances Reimbursements, Tightens Sales Oversight
The insurer had addressed ¥2.85 billion of the original ¥3.08 billion in claims by July 8.
Ovintiv Raises Payout Target as Debt Falls After Anadarko Sale
Ovintiv (OVV) cut its net debt to $2.995 billion in the quarter, less than half the year-end 2025 level, after closing its $2.82 billion Anadarko divestiture.
NextEra Energy raises growth targets following Dominion Energy merger proposal
Consolidated GAAP net income rose to $3.144 billion in the second quarter
Modine Posts Fourth Straight Record Quarter, Lifts FY2027 Outlook
Modine Manufacturing's adjusted EBITDA climbed 40% to a record $146.1 million as its data-center cooling business kept reshaping the company ahead of a planned spin-off.
HomeTrust's Margin Keeps Climbing as Credit Costs Jump
HomeTrust Bancshares (HTB) pushed its net interest margin to 4.41% in the June quarter even as a swing in off-balance-sheet exposure drove provision expense up 149% and return on assets slipped to 1.46%.
Greene County Bancorp's Margin Widens to 2.86% as Loans Outrun Deposits
Net interest margin expanded 49 basis points to 2.86% at Greene County Bancorp, powering a third straight quarter of record net income even as deposit growth slowed to 2.8%.
Flagstar Ends Margin Expansion as Commercial Loans Grow
Net interest margin slipped 2 bps to 2.13% as lower asset yields outweighed cheaper funding.
Equity Lifestyle Raises Guidance as Pricing Offsets Occupancy Slip
Equity Lifestyle Properties posted normalized funds from operations of $0.74 a share in the second quarter, up 7.7% from a year earlier and above the midpoint of its prior guidance range.
Community West Profit Slides as USB Merger Costs Bite
Community West Bancshares closed its merger with United Security Bancshares and pushed assets past $5 billion, but net income fell to $2.70 million from $11.49 million a quarter earlier.
Customers Bancorp's Margin Bottoms as Reserve Cushion Thins
Customers Bancorp (CUBI) grew net interest income to $193.4 million in the second quarter even as its net interest margin fell to a 3.17% trough and reserve coverage of nonperforming loans slid to 293% from 337%.
Booz Allen EPS Rises 22% as Book-to-Bill Ratio Improves
The consulting firm reported adjusted diluted earnings per share of $1.81 for the first quarter of fiscal 2027.
ACNB's Margin Streak Hits 4.56% as Bank Steps Up Payouts
ACNB Corporation (ACNB) posted a fourth straight quarter of net interest margin expansion, reaching 4.56% in the second quarter, even as it paid out a $0.50 special dividend and pushed regular dividends up 10.5%.
Berkshire Hathaway Completes $8.5 Billion Taylor Morrison Acquisition
The all-cash acquisition unified Berkshire’s regional builders with a national platform spanning 52 housing markets.
Surgery Partners to Sell Hospital Interests in $795 Million Cash Deal
The divestiture is part of a portfolio optimization strategy to shift focus toward high-value ambulatory surgery centers.
Matador to Buy Paloma Permian in $1.275 Billion All-Cash Deal
The acquisition would expand Matador’s Delaware Basin position and is expected to add production, reserves and operating efficiencies.
Teck Resources Adjusted EBITDA Hits 2.2 Billion in Second Quarter
The mining company reported a 204% increase in adjusted EBITDA compared to the same period last year.
Canadian National Railway Raises 2026 Guidance After Revenue Growth
The transportation company reported second-quarter revenues of C$4,753 million, an 11% increase over the prior year
RELX Reports Strong First Half 2026 Growth and Reaffirms Outlook
The global analytics provider saw underlying revenue rise 7% and adjusted operating margins improve to 35.5%.
Centrica Announces Interim Dividend for Period Ending June 30, 2026
The company has proposed an interim dividend of 2.0p per share.
Second Request Lands on a $9 Billion Medical-Device Merger
Antitrust reviewers asked for more information, pushing the expected close into next year and putting the overlap analysis on the record.
Korea's Battery Makers Report Into a Slower Ramp
Three cell makers cut capex guidance in the same week while keeping their long-term capacity targets unchanged.
Next Raises Guidance Again as Full-Price Sales Outrun the Market
The retailer lifted its profit guide for the third time this year, and the composition of the beat has shifted.
Volume Growth Carries Global Systemic Banks, Costs Split
Balance growth lifted eight of the season's eleven reporting global systemic banks, while a smaller cluster wrestled with rising costs and normalizing credit in the same breath.
Wyndham Raises Guidance Despite Franchisee Insolvency Hit
Wyndham Hotels & Resorts posted a 9% rise in adjusted EBITDA to $212 million even as it stripped out revenue tied to a collapsed European franchisee and raised its full-year outlook.
Waste Connections Raises Outlook as Pricing Offsets Falling Volumes
Waste Connections (WCN) lifted its full-year revenue guidance to $10.02 billion-$10.05 billion after second-quarter revenue rose 6.4% to $2.562 billion, even as unit volumes fell for a second straight quarter.
Thermo Fisher Accelerates Revenue Growth as Demand Strengthens
Organic revenue growth reached 5%, up from 1% in the prior quarter.
Gentherm Posts Record Revenue as Margins and Cash Flow Slip
Gentherm reported record quarterly revenue of $416 million even as gross margin and operating cash flow both weakened from a year earlier.
RTX Raises Full-Year Outlook Again as Backlog Tops $289 Billion
RTX (RTX) posted second-quarter sales of $24.7 billion, up 14% from a year earlier, and raised its full-year profit and revenue guidance for the second straight quarter.
Roper Raises Outlook as Revenue Growth Slows
Adjusted earnings reached $5.38 a share, topping the prior forecast by eight cents.
QCR Holdings' LIHTC Pipeline Drives Fee Income as Balance Sheet Shrinks
QCR Holdings (QCRH) generated $26.1 million in capital markets revenue for the first half of 2026 even as total loans held near $7.0 billion following planned runoff and a wave of LIHTC securitizations.
PG&E Lifts Profit as Lower Costs Widen Margins
Core earnings increased 36% to $920 million as operating expenses declined.
Orrstown's Margin Slips on Sub-Debt Charge as Deposit Costs Ease
Orrstown Financial Services (ORRF) reported net interest margin compressed to 3.87% in the second quarter, though the decline was driven largely by a $1.6 million accelerated charge tied to redeeming high-cost subordinated debt.