July 2026 — page 7
Norwood's Margin Expansion Accelerates After Presence Close
Net interest income hit a record $26.8 million as the fully taxable-equivalent margin reached 3.90% and merger costs receded.
Northern Trust Raises Dividend as Net Interest Income Climbs
The custody-and-asset-management franchise reported a 1.81% net interest margin and a 10% increase to its quarterly dividend.
Moody's Revenue Accelerates as Transactional Volume Gains Momentum
The financial services provider reported second-quarter revenue of $2.2 billion, a 15% increase from the prior year.
Kinder Morgan Profit Growth Cools as Backlog Shrinks
Kinder Morgan posted second-quarter net income of $867 million, up 21% from a year earlier but down from $976 million in the first quarter as growth decelerated across key metrics.
IBM Cuts Annual Revenue Growth Outlook
The technology company forecast 4% to 5% constant-currency revenue growth for 2026 following shortfalls in mainframes and associated software.
Globe Life Growth Cools Across Divisions Even as Profit Rises
Globe Life posted a 20% jump in diluted earnings per share to $3.65, but slowing health sales and a thinner underwriting margin at its largest division signaled the deceleration beneath the headline number.
GE Vernova Raises Cash-Flow Guidance as Power Backlog Swells
GE Vernova posted 88% organic order growth and lifted its 2026 free-cash-flow target to $11.5-$12.5 billion, nearly double the range it set at the start of the year.
Forestar Lot Sales Stabilize as Land Pipeline Keeps Shrinking
Forestar Group posted 9% net income growth to $35.9 million in the fiscal third quarter as lot sales edged up 1% after two straight quarterly declines, even as its owned-and-controlled land position kept contracting.
Colony Bankcorp Hits Profitability Target, Unveils New Deal
Colony Bankcorp's operating return on average assets reached management's 1.20% goal in the second quarter, even as the bank agreed to acquire First Reliance Bancshares for about $163 million.
Cal-Maine Swings to Loss as Egg Prices Collapse
Cal-Maine Foods reported a fourth-quarter net loss of $35.9 million as conventional egg prices fell 70.9% from a year earlier, ending a run of pandemic-era profits.
TE Connectivity to Buy Astrodyne TDI in $1.4 Billion Deal
TE Connectivity is deepening its bet on mission-critical power management with a second nine-figure acquisition inside eighteen months.
Repligen to Buy BioLife Solutions in $1.5 Billion Mixed Deal
The acquisition would expand Repligen’s cell-therapy offering with a high-margin consumables business built on recurring revenue.
Public Storage Completes $10.5 Billion National Storage Affiliates Deal
The all-stock acquisition expanded Public Storage’s global platform to more than 4,500 properties.
Progress Software to Buy Domo AI and Data Business for $400 Million
The asset purchase allows Progress to integrate Domo's data platform while the target preserves over $900 million in tax attributes.
NOVAGOLD to Buy Paulson Donlin Stake in $4.2 Billion All-Stock Deal
The consolidation would give the gold developer a streamlined structure for advancing and financing Donlin Gold.
Rocket Lab to Buy Iridium in $8 Billion Mixed-Cash Deal
The acquisition vertically integrates Rocket Lab's launch and satellite manufacturing with Iridium's global communications network and L-band spectrum.
Vita Coco Buys Copra in $175 Million Mixed-Consideration Deal
The acquisition added coconut-water capacity and tied further payments to Copra’s 2028 financial performance.
American Industrial Partners to Buy Avanos in $1.27 Billion Cash Deal
The transaction would give Avanos greater flexibility and resources to expand its medical-device business as a private company.
SEC Presses Insurers and GM to Strip Non-GAAP Cushioning
Staff comment letters in June pushed Prudential to abandon a flagship adjusted-earnings metric and forced General Motors to simplify segment math, part of a broader crackdown on non-GAAP presentation.
Rogers Communications Reports Second Quarter Net Loss of 665 Million
Total service revenue rose 8% to 5.1 billion Canadian dollars for the three months ended June 30, 2026
Valmont Raises Outlook as Infrastructure Growth Accelerates
Second-quarter net sales reached $1.119 billion, up 6.5% from a year earlier.
Synchrony Profit Falls 8% as Credit Quality Improves, Growth Returns
Synchrony Financial reported second-quarter net earnings of $885 million, down 8% from a year earlier, even as purchase volume hit an all-time high of $49.8 billion.
Steel Dynamics Extends Sequential Operating Income Gains
Operating income reached $700 million on record 3.7 million tons of steel shipments and a $105 sequential lift in the average external selling price.
Peoples Bancorp Margin Widens Third Straight Quarter as Credit Costs Ease
Net interest margin at Peoples Bancorp (PEBO) expanded to 4.23% and provision expense fell to $4.7 million, even as a bond-portfolio restructuring tied to its pending Citizens merger dented per-share earnings by 18 cents.
NeoGenomics revenue rises 11% as NGS growth slows
The oncology diagnostics company reported fourth-quarter revenue of $190 million.
MSCI Raises Cash-Flow Outlook as Subscription Growth Accelerates
The index and analytics provider posted second-quarter revenue of $867.0 million.
Marsh & McLennan Underlying Revenue Growth Accelerates
The professional services firm reported adjusted earnings per share of $9.02, a 9% increase from the prior year.
KeyCorp Lifts Interest Income as Margin Gains Slow
Taxable-equivalent net interest income rose 2.3% sequentially to $1.258 billion.
Innovative Solutions Acquires Aydin, Expands Military Reach
The $24.5 million cash deal added a business expected to generate about $16 million in 2026 revenue.
Horace Mann Buys Into Worksite Insurance With Two Deals
Horace Mann Educators (HMN) agreed to pay a combined roughly $240 million for two Medical Mutual of Ohio units expected to add about $200 million in annual revenue.
Hasbro Raises Full-Year Outlook as Digital Gaming Gains Accelerate
The toy and game maker raised its full-year revenue guidance to a range of 5% to 7% in constant currency.
Equifax Revenue Growth Accelerates Despite Legal Charge on Net Income
Equifax posted revenue of $1.700 billion in the second quarter, up 11% from a year earlier, even as a new legal settlement charge pulled net income down 4%.
Danaher Raises Profit Outlook as Core Growth Accelerates
The company lifted its full-year adjusted earnings forecast to $8.45 to $8.60 a share.
Bridgewater Bancshares Margin Widens as Credit Quality Softens
Bridgewater Bancshares posted net interest margin expansion for a third straight quarter even as nonperforming assets nearly doubled to $21.6 million.
Ally's Margin Widens as Auto Mix Shifts Toward Safer, Lower-Yield Loans
Net interest margin excluding core OID expanded 11 basis points to 3.63% in the second quarter as Ally Financial (ALLY) leaned harder into higher-credit-tier auto originations even as retail deposits shrank $2.6 billion.
Santander's Webster Acquisition Clears ECB, Awaits Fed Sign-Off
Banco Santander's cash-and-stock purchase of Webster Financial has cleared shareholder, OCC and ECB approval, leaving only the Federal Reserve between the deal and a second-half 2026 close.
Mavis Tire Express to Buy Pep Boys in $700 Million Cash Deal
The acquisition expands Mavis's retail footprint across the Western United States and grows its network to more than 4,400 service centers.
First Financial to Buy Finward in All-Stock Deal
The transaction would extend First Financial’s reach across northwest Indiana and Chicago through a 24-location, low-cost deposit franchise.
CMA CGM Group to Buy FedEx Supply Chain in $1.4 Billion Deal
The divestiture is part of a strategic portfolio streamlining effort by FedEx as it reshapes its global logistics footprint.
EQT Completes $77 Million Acquisition of Blackline Midstream
The all-cash asset deal gives EQT (EQT) new propane infrastructure to sharpen flow assurance and open international supply channels as it deepens its vertical-integration push.
Equifax to Buy Círculo de Crédito in $750 Million Mexico Deal
Equifax is adding Mexico's fastest-growing credit bureau in a bolt-on that fits the company's stated formula of accretive acquisitions paired with continued shareholder returns.
Baxter Recalls Hillrom Volara Patient Circuits
Baxter International recalled the Hillrom Volara P.Circuit 5Kit due to reports of air and medication leakage from the nebulizer cup.
Baxter Recalls Hillrom Volara Patient Circuit
Baxter recalled a Hillrom Volara patient circuit after reports of air and medication leakage from the nebulizer cup during therapy.
Baxter Recalls Hillrom Volara Circuit Kits in Class I Action
Baxter International recalled Hillrom Volara System patient circuit kits after the FDA said a nebulizer cup could leak air and medication during therapy, designating the action Class I.
Baxter Recalls Hillrom VOLARA Circuit Kit
Baxter recalled a Hillrom VOLARA patient circuit kit after reports of air and medication leakage from the nebulizer cup during therapy.
Zions' Margin Holds at 3.27% as Credit Costs Collapse and Buybacks Resume
Zions Bancorporation (ZION) grew net interest income 4% YoY to $677 million in the second quarter as loan growth accelerated to an 8% annualized pace and the CET1 ratio climbed to an estimated 11.8%.
W. R. Berkley Premium Growth Accelerates as Underwriting Improves
The insurer’s combined ratio improved to 90.0% as catastrophe losses declined.
Royal Caribbean Lowers Annual Profit Guidance Despite Revenue Growth
The cruise operator reported first-quarter revenue of $4.5 billion, an 11% increase from the prior year.
Gold Resource Completes Goldgroup Merger, Ends Standalone Listing
Shareholders received 0.3619 Goldgroup shares for each Gold Resource share.
Domino's Pizza reports slowing global retail sales growth
Global retail sales growth, excluding foreign currency impact, decelerated to 3.0% in the second quarter.