July 2026 — page 9
RxSight Raises 2026 Revenue Outlook on Alcon Deal as Core Sales Slow
RxSight lifted its full-year revenue guidance to $140-160 million on new Alcon collaboration revenue even as it cut standalone sales guidance and preliminary second-quarter sales fell to about $27 million from $30.9 million in the first quarter.
Progressive's Growth Engine Slows as Underwriting Margins Narrow
The auto and property insurer's combined ratio climbed to 87.3 in the second quarter, up 1.1 percentage points from a year earlier, as catastrophe losses and a deteriorating loss ratio weighed on results.
Dorian LPG Profit Surges Tenfold as LPG Rates Climb
The liquefied-petroleum-gas carrier posted $1.90 a share in earnings for its fiscal fourth quarter, up from $0.19 a year earlier.
Insmed revenue jumps 230% on brensocatib growth
Total company revenues reached $306.0 million for the first quarter of 2026
Infinity Natural Resources Nearly Doubles Production on Antero Acquisition
The Appalachian Basin natural gas producer posted 299.3 MMcfe/d of net daily output in the first quarter, up 88% year over year.
Gevo Says Second-Quarter Moves Could More Than Double 2026 Ebitda
The company said it is targeting more than $70 million in Section 45Z tax credits in 2026 after completing a Canadian CFR carbon pathway.
General Electric raises full-year outlook as engine deliveries climb
Free cash flow rose 43% year-over-year to $3.0 billion in the second quarter.
Citizens Sequential Fee Growth Rebounds After a First-Quarter Dip
Pre-provision net revenue reached $889 million as sequential NII growth accelerated to 4.4% and Capital Markets and Wealth fees hit records.
Conagra Cuts Dividend in Half as New CEO Resets Guidance Lower
Conagra Brands posted a $2.0 billion goodwill impairment and slashed its dividend to $0.70 a share annualized as incoming CEO John Brase issued fiscal 2027 guidance below current-year results.
Worthington Steel to Buy Kloeckner & Co in All-Cash Delisting Deal
The offer follows Worthington Steel's previous acquisition of a 62% stake in the German metals processor.
Uber to Buy Delivery Hero in $14.8 Billion All-Cash Deal
The combination would nearly double Uber’s markets offering both mobility and delivery services.
Dorian LPG Sells VLGC Corsair for $81.8 Million
The asset sale is part of a disciplined fleet renewal and expansion strategy to deliver long-term shareholder value.
ASP Isotopes to Acquire Quantum Leap Energy Notes in $109.2 Million Deal
The all-stock transaction aims to reduce the target's outstanding convertible notes by approximately 50% ahead of a planned public listing.
Silvercorp Metals revenue rises 70% in first quarter
The mining company reported revenue of $138.7 million for the quarter ended June 30, 2026
US Treasury Yield Spread Widens to 0.40 Percentage Points
The 10-year minus 2-year Treasury yield spread rose on July 14 as Treasury rates shifted.
Ares Management acquires Whitestone REIT in $1.7 billion deal
The transaction valued the retail property owner at $19.00 per share or unit.
Wabash Lifts Backlog Past $950 Million After Sales Rebound
Second-quarter net sales were estimated at $413 million to $421 million, above the $380 million to $400 million range issued in May.
Virtu Trading Income Slides 8.7% as Market Calm Cuts Into Market Maker
Adjusted net trading income fell to $718 million in the second quarter, down 8.7% from the prior period, as normalized earnings per share slipped to $1.82.
Ulta Beauty Lifts Profit Outlook as Gross Margin Hits Five-Quarter High
The beauty retailer posted $3.16 billion in first-quarter net sales, up 11.1% from a year earlier, and raised its full-year earnings guidance.
Repay Raises Revenue Outlook 60% After Kubra Deal Closes
Repay Holdings lifted its full-year revenue outlook to $490-500 million from $340-346 million after closing its $372 million acquisition of Kubra, even as free cash flow conversion guidance was cut to roughly 30% from 45%.
M&T Bank Net Interest Income Rises on Loan Growth
Taxable-equivalent net interest income increased 2% quarter-over-quarter to $1,804 million
Pediatrix Posts 18% EBITDA Jump as Reimbursement Gains Offset Volume Decline
The neonatal and maternal-fetal medicine provider posted $58.2 million in first-quarter adjusted EBITDA, up 18% from a year earlier, while reaffirming its full-year outlook of $280 million to $300 million.
Cheniere Energy raises full-year guidance on record export volumes
The company increased its 2026 consolidated adjusted EBITDA forecast to a range of $7.25 billion to $7.75 billion
Ligand Lifts Outlook After $739 Million XOMA Royalty Deal
The royalty-focused drug company raised its full-year adjusted EPS guidance to a midpoint of $9.00, up roughly 6%, after closing its acquisition of XOMA Royalty.
Hycroft Names New COO, Discloses No New Operating Metrics
Hycroft Mining Holding (HYMC) said its incoming chief operating officer starts Aug. 24, 2026, a leadership update that carried none of the resource, economic or cost figures included in its three prior releases.
Liberty Media's F1 Profit More Than Doubles on Extra Race, Calendar Shift
Formula 1 swung to $107 million in operating income from a $28 million loss a year earlier, powered by a 53% revenue jump.
flyExclusive Posts Second Straight Profit Quarter as Margins Expand
The charter operator's adjusted EBITDA reached $200,000 in Q1, marking its first consecutive profitable quarters ever.
First Horizon NIM Dips as Deposit Costs Rise
Net interest margin fell 3 bps to 3.49% in the second quarter as brokered deposit costs climbed.
First Bancorp NIM Expands 42 bps YoY as Deposit Costs Fall
The North Carolina community lender's net interest margin widened to 3.67% in the first quarter, its fifth consecutive quarterly expansion, as deposit costs dropped 18 basis points year over year.
Fastenal Sales Growth Hits Five-Quarter High
The industrial distributor reported 14.7% year-over-year daily sales growth in the second quarter.
Elevance Profit Slides as Medical Costs Climb
The health insurer reported second-quarter adjusted earnings of $7.45 a share, down 15.7% from a year earlier.
Citigroup's Five Businesses All Grow Loans as Services Hits Record 30.9% RoTCE
Citigroup's net interest income rose 13% year over year in the second quarter as loan growth accelerated across every business line and Services delivered a record $6.4 billion in revenue.
BNY's NIM Streak Hits Fourth Quarter as Deposits Dip and Buybacks Accelerate
Net interest margin at Bank of New York Mellon expanded for a fourth straight quarter to 1.45%, even as average deposits fell for the first time in five quarters and share repurchases rose to $1.1 billion.
BlackRock inflows hit record $192 billion
The world’s largest asset manager saw long-term net inflows jump 46% sequentially to $199 billion in the second quarter.
AngioDynamics Posts 8% Sales Growth as NanoKnife Surges 65%
NanoKnife revenue jumped 64.5% in the fiscal fourth quarter to $11.8 million, driving the medical-device maker's seventh straight quarter of double-digit Med Tech growth.
Allstate Profit More Than Quadruples on Improved Underwriting Results
The insurer's net income reached $2.4 billion in the first quarter as its combined ratio improved 15.4 points to 82.0.
Ligand Pharmaceuticals Completes Acquisition of XOMA Royalty in $739 Million Deal
The all-cash transaction expands Ligand's royalty portfolio to more than 200 assets and adds seven commercial products.
Willis Lease to Buy 12 Aircraft, 13 Engines in Asset Deal
The transaction strengthens the company’s aftermarket and leasing capabilities across the aviation asset lifecycle.
Ligand Completes $739 Million All-Cash Acquisition of XOMA Royalty
The deal adds more than 120 royalty assets to Ligand's portfolio, including seven commercial-stage products, and includes contingent value rights tied to pending litigation.
First Bancorp to Buy First Carolina Bancshares in $166 Million Deal
The mixed cash-and-stock deal pushes First Bancorp's First Bank into the top 10 for deposit share in both Carolinas, betting on a target it says shares its relationship-banking playbook.
Apollo Funds Completes $1.5 Billion Buyout of Emerald Holding
The all-cash deal unites two B2B events platforms under private ownership to capture demand for in-person industry gatherings.
Diodes to Buy ElevATE Semiconductor in $250 Million Cash Deal
The acquisition expands Diodes' analog and mixed-signal portfolio to target growth in the automated test equipment market.
Companies Warn AI Threatens Their Own Business Models
Across four industries, companies are flagging AI as both an operational necessity and a competitive and legal menace in their latest annual reports.
Lynrock Lake LP Secures Board Seat at Yext
The investor is transitioning its reporting status as Ms. Paul joins the board of directors.
Wells Fargo Loan Growth Outpaces NIM Erosion as Fee Income Surges
Wells Fargo & Company (WFC) grew average loans 12% year over year to $1,026.5 billion even as its net interest margin compressed to 2.43%, while noninterest income jumped 13% on capital-markets strength.
Tactile Medical Lifts Guidance as Lymphedema Sales Accelerate
The medical-device maker raised its full-year revenue outlook by $3 million at both ends of the range after first-quarter sales rose 23%.
Northern Oil & Gas Boosts Buyback as Permian Curtailments Trim Output
The oil and gas producer repurchased nearly 3 million shares in the second quarter while Waha-region shut-ins cut estimated oil production to as low as 67,500 barrels a day.
Klaviyo customer base tops 196,000 as AI drives revenue
The marketing-automation platform reported 13.5% year-over-year growth in revenue from repeat customers during last year’s Black Friday weekend.
JPMorgan Chase Markets Revenue Surges as Investment Banking Rebounds
Net interest income rose 10% year-over-year to $25.6 billion in the second quarter.
Cleanspark locks $6.6 billion data-center lease
The bitcoin miner-turned-infrastructure firm swung to a $378.3 million quarterly loss as it pivoted to AI hosting.