Industries — page 8
Claros Narrows Loss After CECL Provision Recedes
GAAP net loss was $14.3 million, or $0.10 a share, as the current expected credit loss provision fell to $0.4 million from $208.8 million.
Core Molding Narrows 2026 Gross-Margin Outlook to 16-17%
Production revenue rose 19.7% to $64.8 million in the fiscal third quarter as truck demand recovered and tooling project sales reached $25.4 million.
Black Stone Minerals Raises Unit Distribution for a Second Quarter
The mineral-interest owner lifted the common-unit payout to $0.35, up 9% from the prior quarter, as distributable cash flow reached $93.0 million.
Archrock Reaffirms 2026 Adjusted EBITDA After Aftermarket Drop
Net income was $84.5 million, or $0.48 a share, as aftermarket revenue fell to $39.7 million and full-year Adjusted EBITDA guidance stayed at $865 million to $885 million.
Angel Oak Mortgage REIT's Book Value Decline Widens
GAAP book value fell to $8.97 a share in the third quarter as a $16.7 million net loss followed a $3.4 million profit.
Angi Cuts 300 Roles After Revenue Decline Narrows
Third-quarter revenue was $242.0 million, down 9% from a year earlier, as Adjusted EBITDA rose to $42.2 million.
Amwell Raises 2026 Revenue Outlook After Beating Third-Quarter Range
Third-quarter revenue was $49.0 million, above the $46 million to $48 million range the company had given, as it lifted full-year sales guidance to $204 million to $206 million.
ADM Raises 2026 Adjusted EPS Outlook Again
Third-quarter adjusted earnings were $1.77 a share, up 92% from a year earlier, as crushing profit jumped on North American biofuels margins.
onsemi to Buy Ferric in $600 Million Cash Deal
The semiconductor maker is adding differentiated power-density, efficiency and transient-response technology to strengthen its grid-to-core portfolio for AI processors.
Brookfield and CPP Complete $5.2 Billion LXP Take-Private
LXP’s 107-property Sunbelt and Midwest logistics portfolio is now privately held as the REIT’s pure-play industrial run ends.
Isabella Bank Completes Grand River Commerce Merger
The mixed cash-and-stock deal, valued at about $54.6 million, closed Nov. 2, 2026, after regulatory approvals and a September shareholder vote.
LS Power Proposes $2.00-a-Share Cash Take-Private of EVgo
The 56% holder would pay $2.00 a share in cash for the remaining Class A shares, a 62% premium to the 30-day VWAP as of October 30, 2026.
Energy Transfer to Buy Vaquero Midstream
The energy infrastructure partnership agreed to acquire the midstream company as it continues to expand its liquids and NGL platform.
CVR Energy to Buy Marathon’s St. Paul Park, Mandan Refineries
The refiner framed the acquisition of two plants plus marketing and logistics as a transformative step, with a close targeted by year-end.
CVR Energy to Buy Marathon Refineries in $4.2 Billion Deal
The asset purchase lifts CVR Energy’s crude throughput to about 384,000 barrels a day and puts the refiner in the Upper Midwest and Northern Great Plains.
Crescent Energy to Buy Devon Eagle Ford Assets for $3.85 Billion
The all-cash purchase of Tier 1 Eagle Ford inventory adjacent to existing operations is expected to close in late 2026 or early 2027.
Addus HomeCare to Buy AccentCare Personal Care for $275 Million
The acquisition is expected to add about $280 million in annualized revenue and deepen personal-care scale in Texas, Illinois, California, and Arizona.
Timberland's Net Interest Margin Widens to 3.96%
Fourth-quarter net interest income rose 5% to $19.66 million as the margin expanded 11 basis points, reversing the March-quarter compression.
Tempus Raises 2026 Sales Range After Oncology Volume Accelerates
Third-quarter revenue reached $411.5 million, up 23%, as Adjusted EBITDA widened to $25.6 million and full-year sales guidance moved to $1.60–$1.605 billion.
Site Centers Posts Third-Quarter Operating FFO Loss
Operating FFO was a $3.1 million loss, or $0.06 a share, as the REIT sold three assets and agreed to a $3.00 special cash distribution.
Marriott Lifts 2026 RevPAR Outlook After Third-Quarter Rebound
Worldwide RevPAR rose 6.5% in the third quarter and the company now expects 4.5% to 5.0% full-year growth, versus the 3% to 3.5% range set after the second quarter.
Lightbridge Widens Third-Quarter Loss as Fuel Spending Rises
The nuclear fuel developer posted an $8.3 million net loss, or 23 cents a share, as research and development costs more than doubled from a year earlier.
Lumentum Sets Second-Quarter Revenue Outlook
The optical-technology company guided fiscal second-quarter revenue to $1.575 billion to $1.625 billion after first-quarter sales of $1.26 billion.
Loews Long-Term Care Charge Cuts Third-Quarter Profit
Net income attributable to Loews Corporation was $306 million, or $1.50 a share, as CNA booked a $125 million after-tax long-term care reserve charge.
Krystal Completes Germany and Italy VYJUVEK Pricing Talks
Third-quarter VYJUVEK revenue reached $127.3 million, up 30%, as the company posted $63.1 million of net income and authorized a $400 million buyback.
ISG Adjusted EBITDA Margin Reaches Four-Year High
Adjusted EBITDA was $10.0 million in the third quarter, up 19% from a year earlier, as Asia Pacific revenue reversed a second-quarter decline.
IDEXX Raises 2026 Revenue Guidance After CAG Recurring Growth
Third-quarter revenue was $1,214 million, up 10% as reported and organic, and the company lifted its 2026 revenue midpoint $32 million to $4,741 million–$4,767 million.
Emergent Cuts 2026 Revenue Outlook After Third-Quarter Drop
Third-quarter revenue was $110.0 million, and the company lowered full-year 2026 revenue guidance to $600 million–$645 million.
CNA's Third-Quarter 2026 Core Income Falls to $203 Million
Third-quarter 2026 P&C net written premiums rose 3% to $2.51 billion, while core income fell to $203 million, or $0.75 a share, as a $137 million after-tax long-term care reserve update and higher catastrophe losses cut profit.
Black Rifle Launches Project Core, Reaffirms 2026 Outlook
Third-quarter net revenue was $108.0 million, up 7.3% from a year earlier, as the company agreed to sell its Manchester roaster and planned 12 Outpost closures.
Axsome's Third-Quarter Revenue Growth Accelerates
Net product revenue reached $259.7 million, up 52% from a year earlier, as the company said it surpassed a one-billion-dollar annual run rate.
Office Gurus Announces Select VoiceCom Acquisition
The Contact Centers unit of Superior Group said the Philippines deal establishes a direct operating presence and extends its Experience Process Outsourcing strategy.
BankIowa to Buy Community Bank & Trust Division
QCR Holdings said the Waterloo/Cedar Falls unit sale will sharpen focus on markets with the greatest long-term growth potential.
Alpine Income Property Trust Completes $117.3 Million Industrial Portfolio Purchase
The net-lease REIT closed on a 13-property, 1.9 million-square-foot industrial package at $63 a square foot, 100% leased under absolute triple-net leases with 10.2 years of weighted average remaining term.
Marvell to Buy Lumentum in $115 Billion All-Stock Deal
The semiconductor maker will pay 4.500 shares of Marvell stock for each Lumentum share, a 23.9% premium to Oct. 28 closes, to fuse electrical and optical connectivity for AI infrastructure.
Lazard Completes Campbell Lutyens Acquisition, Launches Lazard CL
Lazard CL is the firm’s third global business, with more than 300 advisory professionals and 19 offices worldwide.
Indivior Completes All-Stock Merger With Supernus
The combined CNS biopharmaceutical company will trade as Supernus, Inc. after a $1.0 billion special dividend to former Indivior holders.
Grant Thornton Advisors Completes All-Cash CBIZ Acquisition at $5 Billion Enterprise Value
The combination is described as creating the fifth-largest U.S. professional-services firm, with more than $5 billion in annual domestic revenue.
Bank7 Completes Century Financial Holding Company Merger
The Oklahoma City bank holding company closed a whole-company combination that pairs its franchise with Century Bank’s New Mexico deposit base.
Alamo Group Acquires Econ Engineering in $158.7 Million Deal
The industrial-equipment maker said the UK roadway-truck manufacturer will expand its Industrial Equipment portfolio and strengthen its United Kingdom platform.
Axcelis, Veeco Expect Merger Close by First Quarter 2027
The all-stock semiconductor-equipment combination now targets a first-quarter 2027 close after China’s SAMR clearance and a new HSR filing.
MeridianMade to Buy Perrigo Infant Formula in Up to $175 Million Deal
The consumer-health company is selling the unit after a yearlong strategic review to sharpen its OTC self-care portfolio.
Mondelēz International to Buy Undercover Snacks
The snack maker agreed to acquire Undercover Snacks as it adds another brand to its global portfolio.
Valero to Buy Houston Hub Equity in $320.5 Million Deal
The refiner said the purchase expands its U.S. Gulf Coast footprint at a fraction of replacement value and leaves open a later move into heavy sour crude processing.
L.B. Foster Completes $52.2 Million Dulworth Asset Purchase
The rail and infrastructure technology provider closed the cash asset deal to add precast concrete manufacturing and high-growth end markets.
First Mid to Buy Evergreen Bancshares in $70.7 Million Mixed Deal
The Mattoon, Ill., bank said the combination extends its St. Louis and I-70 corridor footprint, adds Rochester, Ill., and puts a full-service franchise in greater Indianapolis.
Richmond Mutual's Merger Doubles Net Interest Income
Net interest income reached $22.8 million in the third quarter after the Farmers Bancorp combination, while a higher provision for credit losses of $6.1 million and increased noninterest expense primarily drove net income down to $1.7 million.
Meridian's Net Interest Margin Rebounds After a Compression
Net interest income was $23.4 million in the third quarter as the tax-equivalent margin reached 3.77%.
Alliant Narrows 2026 Outlook, Issues 2027 Guidance and Capex
Third-quarter GAAP earnings were $1.52 a share, and 2027 ongoing EPS guidance is $3.63 to $3.73, with a $2.25 dividend target.
Kenvue Organic Sales Growth Accelerates to 2.9%
Net sales rose 3.2% to $3,886 million in the fiscal third quarter, with diluted earnings of $0.22 a share.