Industries — page 19
Nano Dimension to Buy Infinite Epigenetics in $890 Million AI Health Deal
The 3D-printing firm pivots to AI-powered preventive diagnostics, valuing the target at a 20% premium to its cash base.
The New Middle Of Tariff Resilience
Tariff shocks are separating rapid repricers from fixed-price laggards, with disciplined manufacturers now showing a weaker but real form of resilience.
Yum China buys Pizza Hut China for $1.2 billion
The operator reported 10% revenue growth in the quarter, its fastest pace in six quarters.
Yum Brands to Sell Pizza Hut for $2.7 Billion, Unloads Struggling Chain
The fast-food giant's first-quarter earnings per share excluding special items rose 15% to $1.50 as Taco Bell's same-store sales accelerated to 8%.
MSC Industrial returns to sales growth after yearlong slide
The distributor posted a 2.7% rise in fiscal fourth-quarter net sales, its first increase in five quarters.
Fiserv Launches Tender Offers on $2.75 Billion in Senior Notes
The payments processor reaffirmed full-year adjusted EPS guidance of $8.00 to $8.30 amid a leadership transition and new debt management moves.
CRH holds guidance, names new director
The building-materials supplier left its 2025 Adjusted EBITDA target unchanged at $7.5 billion to $7.7 billion.
Cincinnati Financial swings to profit on lower catastrophe losses
The property-casualty insurer posted first-quarter operating income of $2.10 a share after a year-earlier loss.
Allison Transmission sales jump 84% following off-highway acquisition
Consolidated net sales reached $1,406 million in the first quarter, driven by the integration of a new business unit.
American Airlines hits record revenue as debt falls below $35 billion
The airline reported first-quarter revenue of $13.9 billion, a 10.8% increase over the same period last year.
Yum China to Buy Pizza Hut China in $1.2 Billion All-Cash Deal
The acquisition transforms Yum China from exclusive licensee to full brand owner, eliminating royalty payments and unlocking greater strategic flexibility in its largest market.
Yum Brands to Sell Pizza Hut Assets in $2.7 Billion Deal
The fast-food giant completes a strategic review by divesting Pizza Hut’s global operations to focus on core brands and long-term growth.
Prestige Consumer Healthcare Buys Breathe Right in $1.045 Billion Asset Deal
The acquisition expands the company into the 'better-breathing' category with a brand that will become the largest in its portfolio.
Olin to Combine With Huntsman in $12.5 Billion All-Stock Merger
The merger of equals aims to create a North American chemicals leader with $400 million in cost synergies and enhanced vertical integration.
Olin to Buy Huntsman in All-Stock Merger of Equals Valued at $12.5 Billion
The deal pairs Olin's upstream chlorine and caustic soda assets with Huntsman's downstream polyurethane systems, targeting more than $400 million in cost synergies.
Olin to Merge With Huntsman in All-Stock Deal
The combination creates a North American chemicals leader with more than $400 million in identified cost synergies through vertical integration.
Huntsman to Buy Olin in $12 Billion All-Stock Merger
The deal would create a North American chemicals leader with $400 million in cost synergies and expanded chlorine optionality.
Fox to Acquire Roku for $22 Billion as Platform Revenue Surges 28%
The streaming-platform operator posted $86 million in net income, swinging from a year-earlier loss, on the same day Fox Corporation agreed to buy it for $160 a share.
Newmont reshuffles executive leadership team
The gold miner announced a restructuring of its top management effective July 1, 2026.
Honeywell Sets Aerospace Spin-Off for June 29
The industrial conglomerate reaffirmed full-year guidance while lowering its operating cash flow target to $4.4 billion–$4.7 billion.
Fox to acquire Roku in $22 billion streaming bet
The deal values Roku at $160 a share in cash and stock, reshaping the media landscape.
Fiserv holds steady on annual outlook
The payments processor kept its 2026 adjusted earnings guidance at $8.00 to $8.30 a share.
Cencora lifts profit forecast after oncology deal
The drug distributor raised its full-year adjusted earnings guidance to as much as $17.90 a share.
Capital One Credit Costs Ease as Card Delinquencies Fall
The credit-card lender’s domestic 30+ day delinquency rate improved 11 basis points to 3.33% in May.
Westlake Completes Wilhelmshaven PVC Plant Acquisition
The asset purchase expands Westlake’s global chlorovinyls footprint amid a strategic shift in its North American production network.
Nano Dimension to Buy Infinite Epigenetics in $890 Million Stock Deal
The acquisition leverages Nano Dimension's capital base to enter the high-growth healthcare AI sector.
Isabella Bank to Acquire Grand River Commerce in $54.6 Million Deal
The transaction expands Isabella Bank's footprint into the high-growth Grand Rapids market and integrates new wealth management capabilities.
Fox to Buy Roku in $22 Billion Cash-and-Stock Deal
The combination unites Fox’s live sports and news content with Roku’s 100-million-household streaming platform to create a scaled media and technology company.
XOMA Royalty Agrees to Ligand Buyout as Cash Receipts Climb 9%
The biotech royalty aggregator posted $50.5 million in full-year 2025 cash receipts, up 9% year over year, as it prepares to be acquired by Ligand Pharmaceuticals.
Vertiv Lifts Outlook as Data-Center Demand Fuels 30% Sales Jump
The power-and-cooling specialist raised its full-year adjusted EPS target to $6.30–$6.40 after first-quarter revenue hit $2.65 billion.
UniFirst Shareholders Approve Cintas Acquisition as Margins Compress
Consolidated revenues rose 3.4% to $622.5 million in the second quarter.
United Community Sells Navitas, Reshapes Loan Book
The $1.9 billion equipment-finance exit will cut net charge-offs in half and lift CET1 to 14.5%.
Seagate retires last convertible debt ahead of schedule
The data-storage company extinguished $185.8 million of 3.50% exchangeable notes due 2028.
Super Micro Launches $7 Billion Raise as AI Orders Hit $39 Billion
The server maker's fiscal third-quarter sales more than doubled year-over-year to $10.2 billion, though they fell 19.5% sequentially from the prior quarter's peak.
Service Corp Profit Growth Slows as Volumes Decline
The death-care provider’s adjusted earnings per share rose just 1% in the latest quarter, down from 8% growth in the prior period.
Flutter Lowers Full-Year Guidance as US Sportsbook Profits Dip
Group revenue rose 17% to $4.304 billion in the first quarter.
Western Midstream to Buy Brazos Delaware II in $1.6 Billion Mixed Deal
The acquisition expands the partnership's gathering and processing footprint in the Delaware Basin while maintaining a target net leverage of 3.0x.
Vertiv Completes ThermoKey Buy to Expand Thermal Chain
The acquisition strengthens Vertiv’s heat-rejection portfolio for AI-ready data centers in Europe, the Middle East, and Africa.
Cintas to Buy UniFirst in $5.5 Billion Mixed Cash-and-Stock Deal
Shareholders of the uniform-rental company voted overwhelmingly to approve the combination, which Cintas expects to generate $375 million in operating cost synergies.
Capital Recycling and Credit Divergence
Insurance and real estate firms are aggressively restructuring debt and portfolios while subprime lenders show a widening gap in credit quality.
Marvell posts third straight quarter of revenue acceleration
The chip designer raised its second-quarter revenue outlook to $2.7 billion, a 35% year-over-year increase.
CoreWeave Backlog Surges to $99 Billion as AI Cloud Demand Accelerates
The GPU cloud provider's remaining performance obligations jumped $38.1 billion in a single quarter to $98.8 billion, underscoring the scale of AI infrastructure commitments pouring in.
Ciena raises annual revenue guide as cloud demand accelerates
The networking equipment provider reported second-quarter revenue of $1.57 billion, a 39.5% increase year-over-year.
Caterpillar profit jumps 30% on construction rebound
The heavy-equipment maker posted adjusted earnings of $5.54 a share for the quarter.
Adobe Lifts Full-Year Outlook as AI-First Annual Recurring Revenue Tops $500 Million
The design-software maker posted record quarterly revenue of $6.62 billion, up 13% year over year, and tripled its AI-first ARR as it raised guidance for the second time this fiscal year.
Eaton to Sell Mobility Group to Dana in $5.1 Billion Deal
The transaction completes Eaton's years-long portfolio overhaul, sharpening its focus on electrical and aerospace markets tied to AI data centers and defense spending.
Oracle's Cloud Infrastructure Revenue Surges 93% as Backlog Swells to $638 Billion
The software maker's remaining performance obligations ballooned 363% year-over-year to $638 billion, underscoring the scale of AI-driven demand.
Navan posts 40% revenue jump, lifts profit outlook
The corporate-travel platform swung to a $22 million non-GAAP profit in the quarter.
Keel Infrastructure posts deeper losses after pivot
The company reported a $98.4 million operating loss in its first quarter as a pure-play data-center developer.
Chewy expands margins as sales growth slows
The online pet-supplies retailer reported a net margin of 2.8% for the first quarter.