Industries — page 20
Credit Acceptance Earnings Jump 83% on Loan Growth
The auto-finance lender posted $36.38 a share in 2025, reversing two years of declines.
B&G Foods Cuts Dividend in Half as Refinancing Swaps 5.25% Coupon for 11%
The packaged-foods maker halved its quarterly payout to $0.38 a share, saving roughly $31 million annually as it absorbs an 11% coupon on $475 million in new senior notes.
Trump Media to Buy TAE Technologies in $6 Billion All-Stock Deal
The merger aims to combine free-speech infrastructure with fusion power to cement U.S. energy dominance and AI leadership.
Tech and Retail Firms Accelerate Share Buybacks, Deploying Billions in Capital Return
Six companies across the technology and retail sectors have significantly intensified their share repurchase programs, authorizing and executing billions in buybacks.
Sterling Infrastructure revenue doubles on infrastructure push
The civil-construction company posted first-quarter adjusted earnings of $3.59 a share, up 120% from a year earlier.
Smucker Swings to 20% Profit Growth as Frozen Handhelds and Pet Food Surge
The food maker's adjusted earnings per share reached $2.77 in the fiscal fourth quarter, rebounding from three consecutive quarters of double-digit declines.
Novanta returns to organic growth as bookings jump 37%
The precision components maker reported first-quarter GAAP revenue of $257.7 million.
Novanta bets big on medical consumables with $1.45B deal
The precision-motion specialist expects the Riverpoint Medical acquisition to double its recurring medical consumables revenue to $300 million.
Invesco AUM Rises to $2.45 Trillion on ETF Gains
Total assets under management increased 4.9% month-over-month to $2,453.9 billion as of May 31, 2026.
Hubbell lifts guidance after $3 billion acquisition
The electrical-products maker raised its full-year earnings forecast to $19.30-$19.85 a share.
Casey’s Profit Jumps 66% on Fuel, Food Gains
The convenience-store chain posted diluted earnings of $4.37 a share, more than doubling its year-earlier pace.
Applied Digital Closes Cloud Spinoff, Secures $550 Million Credit Line
The data-center operator completed the ChronoScale separation and arranged a new revolving facility as it narrows its capital plan to a single Polaris Forge building.
Soluna Holdings to Buy Project Dorothy 1B in Asset Deal
The acquisition completes Soluna’s vertical integration of the Dorothy campus, positioning the company to accelerate its AI campus expansion.
Novanta to Buy Riverpoint Medical in $1.2 Billion All-Cash Deal
The acquisition doubles Novanta's recurring medical consumables revenue and pushes the company deeper into the high-growth minimally invasive surgery market.
Ingredion to Buy Tate & Lyle in $5 Billion Cash Deal
The acquisition aims to create a scaled global provider of specialty ingredient solutions by combining complementary portfolios and geographic networks.
Hubbell Completes $3 Billion Acquisition of NSI Industries
The deal expands Hubbell’s Electrical Solutions portfolio with complementary products for industrial, datacenter and network infrastructure markets.
CECO Environmental Completes $2.2 Billion Thermon Acquisition
The deal unites complementary industrial thermal and environmental solutions to target growth in power generation, data centers, and semiconductors.
Allegiant Travel Completes $1.5 Billion Sun Country Acquisition
The deal unites two profitable leisure carriers to create a scaled, flexible-capacity airline with 195 aircraft and nearly 175 destinations.
Companies Pursue IEEPA Tariff Refunds After Supreme Court Ruling, But Record No Benefits Amid Uncertainty
Six companies across multiple sectors have applied for refunds of tariffs paid under the invalidated IEEPA authority, yet none have recognized the potential windfall due to unclear timing and amounts.
Tango Therapeutics pivots pancreatic cancer strategy toward first-line treatment
The biotechnology company reported a first-quarter net loss of $45.5 million as it advances its vopimetostat combination therapy.
Ionis revenue doubles on drug sales, partnership windfall
The biotech raised full-year guidance after commercial revenue rose 42% and R&D revenue more than doubled.
Fair Isaac Lifts Guidance as Scores Revenue Surges 60%
The credit-scoring company posted $691.7 million in quarterly revenue, a 39% jump that prompted management to raise its full-year outlook for the second consecutive time.
FuelCell Energy Revenue Falls 5% as Groton Impairment Widens Loss
The fuel-cell maker posted a $77.9 million operating loss after booking a $42.6 million non-cash charge tied to its Groton Project upgrade.
Campbell’s profit slump deepens on weak soup demand
Adjusted earnings per share fell 32% to $0.50 in the latest quarter.
Casey’s Skips Financials in Board-Focused Release
The convenience-store operator disclosed no earnings or operating metrics in its latest update.
Alliance Resource buys Permian royalties, lifts output forecast
The coal and oil producer raised its 2026 oil and gas royalties volume guidance after a $206.2 million acquisition.
Palladyne AI to Acquire IAI’s Loitering Munitions Portfolio in Defense Push
The deal combines Israel Aerospace Industries’ combat-proven systems with U.S.-based engineering and manufacturing to accelerate delivery to the Department of War.
Nurix Therapeutics to License BTK Degrader Bexobrutideg to Roche in Up to $2.3 Billion Deal
Roche gains rights to Nurix's brain-penetrant BTK degrader, paying $700 million upfront with milestones tied to oncology, immunology and neurology indications.
Standard BioTools to Buy Treeline Biosciences in $460 Million All-Stock Deal
The acquisition aims to deploy capital behind a catalyst-rich oncology pipeline and an experienced drug-development team.
Hubbell to Buy NSI Industries in $3 Billion Cash Deal
The acquisition bolsters Hubbell’s Electrical Solutions portfolio with complementary products for industrial, datacenter and network infrastructure markets.
Alliance Resource Partners to Buy AllDale Minerals Interests in $206 Million Deal
The acquisition gives the coal producer a broader foothold in the Permian Basin and a new entry point into the Haynesville shale, positioning it to capture long-term LNG export demand.
Honeywell Spins Off Aerospace in Record Share Split
The industrial conglomerate set June 29 as the distribution date for its aerospace unit, handing shareholders one new share for every two held.
Honeywell Sets Aerospace Spin-Off Ratio, Reverse Split
Shareholders of record are expected to receive one Honeywell Aerospace share for every two Honeywell shares held.
Bitmine Slows Ethereum Buying as Price Drop Erodes Treasury Value
The company's total crypto and cash holdings fell to $11.6 billion from $13.4 billion in three weeks as ETH prices declined 15%.
REITs and banks ride leasing strength, lower deposit costs
Smaller REITs and regional banks report rising rents, falling funding costs, and disciplined capital allocation this week.
QXO Prices Debt Sale for TopBuild Deal
The building-products distributor set 6.500% and 6.875% coupons on notes due in 2031 and 2034.
QXO doubles revenue with TopBuild deal closing
The combined company now expects over $18 billion in annual sales and $2 billion in adjusted EBITDA.
Planet Labs revenue accelerates as backlog exceeds $900 million
The satellite imaging company reported record first-quarter revenue of $94.2 million.
Planet Labs Raises Revenue Guidance as Quarterly Sales Hit Record
The satellite imaging company raised its full-year revenue outlook to as much as $441 million following a record first quarter.
Lululemon profit plunges as North America slumps
Earnings per share fell 35% to $1.69 in the latest quarter as gross margin compressed 410 basis points.
Lululemon posts first revenue decline in five years
The athletic-apparel retailer’s earnings per share fell 35% to $1.69 in the latest quarter.
Knight-Swift Profit Plunges 68% on Claims, Weather Hit
The trucking and logistics company reported adjusted earnings of $0.09 a share, down from $0.28 a year earlier, after a string of one-time charges eroded first-quarter results.
Guidewire Software lifts revenue outlook on subscription strength
The property-casualty insurance software provider raised its full-year revenue guidance to as much as $1.47 billion.
Alphabet Raises AI Financing as Cloud Growth Accelerates
The Google parent said first-party model APIs processed 19 billion tokens a minute.
Alphabet Posts Record Cloud Growth as AI Spending Surges
The internet giant’s Google Cloud backlog nearly tripled to $460 billion in the quarter.
Ciena raises annual revenue guide as cloud demand accelerates
The networking equipment provider reported second-quarter revenue of $1.57 billion, a 40% increase from a year ago.
Ciena posts 40% revenue jump as AI demand surges
Adjusted earnings per share leapt 290% to $1.64 in the fiscal second quarter.
Argan posts record revenue with 50% jump
The industrial contractor reported $46.1 million in net income for the quarter, more than double the year-earlier period.
QXO to Buy TopBuild in $17 Billion All-Cash Deal
The acquisition would create the second-largest publicly traded building-products distributor in North America, with over $18 billion in combined revenue.
Datavault AI to Buy Fixed-Income Vehicle Assets in $2 Billion Deal
The asset purchase aims to create a collateral base for secured financing to scale the company’s digital-asset exchanges.