Industries — page 9
Hawthorn's Net Interest Margin Widens After FSC Close
Net interest income rose to $19.3 million as the FSC Bancshares deal lifted loans 19.3% and deposits 20.3%.
General Dynamics Backlog Jumps to $220 Billion
Third-quarter revenue reached $14.6 billion as year-over-year growth accelerated to 12.9% and diluted earnings rose 15.7% to $4.49 a share.
Federal Realty Raises 2026 Core FFO Outlook After Leasing
The retail REIT lifted full-year Core FFO guidance to $7.54–$7.58 a share after Nareit and Core FFO of $1.87 a share in the third quarter.
Exelon Narrows 2026 Earnings Range After Third-Quarter Beat
Adjusted operating earnings were $0.87 a share, and the utility narrowed full-year guidance to $2.85-$2.91 a share.
Dominion Energy Sees Top Half of Unchanged 2026 Range
Third-quarter operating earnings were $1.28 a share, and the company now expects the top half of its $3.45 to $3.69 range.
Chevron U.S. Refineries Hit Record Crude Throughput
U.S. refinery crude unit inputs reached a record 1.09 million barrels a day as third-quarter earnings were $9.9 billion, or $5.06 a share.
Church & Dwight Raises 2026 Sales Outlook After Third-Quarter Beat
Organic sales rose 5.1% as net sales reached $1,602 million, and the company lifted full-year sales to about 0.5% growth.
LCI to Combine With Patrick in All-Stock Merger
The LCI board said the merger remains the best path to long-term value, citing about $150 million of expected net run-rate cost synergies.
First Hawaiian, TriCo Bancshares Win Stockholder Votes
The all-stock combination of the Honolulu and Chico, Calif., banks is set to close later in 2026, subject to remaining customary conditions.
DoorDash to Buy Instacart in $17 Billion Mixed Deal
DoorDash said combined scale and complementary technologies would support a multi-year path to $500 million or more of annual synergies, net of investments.
Churchill Capital Corp XI to Combine With Agility Robotics
The SPAC and humanoid-robotics maker said the combination is expected to create the only U.S. publicly listed pure-play humanoid company with proven, active commercial deployments.
Azenta Acquires SynPlexity to Expand GENEWIZ Synthesis
The life sciences company paired the SynPlexity purchase with an exclusive Elegen license to widen GENEWIZ gene-synthesis and high-throughput discovery offerings.
Arch Insurance to Buy Premier Dealer Holding Corp. and Its Subsidiaries, Including PDS
The specialty insurer said the deal will pair its underwriting with PDS's administration, technology and dealer relationships in automotive F&I.
Freight and Logistics Cycle: Tighter Capacity, Uneven Demand
Transportation companies described firmer rates as capacity tightened, with industrial freight demand remaining uneven and some benefits still absent from reported results.
Energy Sector: Pipeline Enters Service, LNG Starts Production
Energy companies reported gas infrastructure milestones and higher throughput, alongside uneven production trends and explicit geopolitical warnings.
Xcel Narrows 2026 Guidance After Third-Quarter Earnings
Diluted GAAP and ongoing earnings were $1.52 a share, and the company set 2027 ongoing earnings guidance of $4.48 to $4.62.
Virginia National's Net Interest Margin Widens Further
Net interest income rose 11.2% to $14.5 million as the fully tax-equivalent margin reached 3.73% and net income was $6.6 million, or $1.20 a share.
Starz Restores Cash Generation After a Restructuring Quarter
Unlevered free cash flow was $18.8 million in the third quarter, and the company reiterated 2026 targets including $100 million to $120 million of unlevered free cash flow.
Strattec's Adjusted EBITDA Margin Rebounds to 9.2%
Net sales were $147.2 million in the first quarter ended September 27, 2026, as the company posted $10.8 million of operating cash flow and $111.8 million of cash with no debt.
Rimini Street Reiterates Rule of 20 After Third-Quarter Beat
Revenue reached $112.1 million, up 8.3% from a year earlier, as adjusted EBITDA rose 52.0% to $15.1 million.
Rhinebeck's Net Interest Income Growth Accelerates
Net interest income rose 8.1% to $13.0 million in the third quarter as the July conversion lifted equity to $220.8 million.
Pagaya Lifts 2026 Net Income Outlook After Record Quarter
GAAP net income attributable to Pagaya shareholders reached a record $50 million in the third quarter, and the company raised its full-year 2026 GAAP net income range to $162 million–$182 million.
Pro-Dex Sales Growth Slows After June Quarter
Net sales rose 11% to $20.6 million in the fiscal 2027 first quarter as next-generation handpiece shipments to its largest customer more than offset a drop in legacy repairs.
Ranpak's Third-Quarter Revenue Growth Cools After a Strong Second Quarter
Net revenue rose 2.3% to $101.9 million as automation equipment sales, wrapping and paper price-or-mix contributed to growth while paper-consumable volume fell 2.5%.
Medallion's Credit Provision Jumps as Originations Cool
Net income attributable to stockholders fell to $2.4 million, or $0.10 a share, as the credit loss provision rose to $30.8 million.
Mastercard Volume Growth Cools as Revenue Holds 14%
Third-quarter net revenue reached $9.8 billion, up 14% as reported and currency-neutral, while gross dollar volume rose 7% in local currency.
LiveWire Withdraws 2026 Loss Guidance After Restructuring Committee
Third-quarter revenue rose 38% to $7.9 million as the company formed a special restructuring committee and dropped its $70 million to $80 million full-year operating-loss outlook.
Cheniere Completes Corpus Christi Stage 3 and Lifts 2026 Outlook
Third-quarter revenue reached $6.17 billion and full-year Adjusted EBITDA guidance moved to $8.75 billion–$9.25 billion.
Lilly Raises 2026 Revenue Outlook After Third-Quarter Sales
The company lifted the midpoint of 2026 revenue guidance by $5.5 billion to $91.0 billion to $92.0 billion after third-quarter sales of $24.4 billion.
L3Harris Lifts 2026 Earnings Outlook After Record Backlog
Orders of $19.3 billion lifted backlog to a record $53.2 billion and the company raised its GAAP EPS range to $12.25–$12.35.
Isabella Bank Extends Margin Expansion to Record Profit
Net interest margin reached 3.71% in the third quarter as net income hit a record $6.6 million, or $0.86 a share.
First Internet's Fourth-Quarter Earnings Outlook Reaches $1.07
Third-quarter revenue hit a record $43.9 million and FTE net interest margin expanded 8 bps to 2.55%.
Immuneering Extends Pancreatic Phase 2 Follow-Up
Cash, cash equivalents and marketable securities were $166.1 million at September 30, 2026, and the company now expects a runway into the fourth quarter of 2028.
Escalade Sales Slip as Third-Quarter Profit Rises
Net sales fell 3.2% to $65.6 million while net income rose to $6.7 million, or $0.48 a share, after a 123-basis-point gross-margin expansion.
EMCOR Raises 2026 Outlook After Growth Acceleration
Third-quarter revenue reached a record $5.54 billion, up 28.8% from a year earlier, as remaining performance obligations hit $18.57 billion.
Civeo Lifts 2026 Outlook After Canadian Lodge Occupancy
Third-quarter revenue reached $193.1 million, up 13% from a year earlier, as the hospitality provider raised full-year revenue guidance to $710 million to $720 million.
Caterpillar Profit Margin Widens as Sales Growth Cools
Third-quarter sales and revenues were $20.7 billion, up 17% from a year earlier, after 24% growth in the second quarter.
Bristol Myers Lifts 2026 Revenue Outlook After Third-Quarter Gain
The pharmaceutical company raised its 2026 revenue range to $49.75 billion to $50.25 billion after third-quarter sales of $13.1 billion and a $1.6 billion acquired-IPRD charge.
BCB Bancorp Posts $132.5 Million Loss After Credit Overhaul
A $115.0 million credit-loss provision and a $59.9 million deferred-tax valuation allowance produced a $6.92-a-share loss as the bank sold $204.3 million of problem loans.
Atomera Narrows Loss and Adds Third GAA Customer
The semiconductor materials licensor posted a $6.0 million net loss, or $0.15 a share, in the third quarter ended Sept. 30, 2026, and recorded no revenue.
Asure Raises 2026 Outlook After Slowdown in Sales Growth
Third-quarter revenue was $40.0 million, up 10% from a year earlier, as the HCM software maker swung to $0.5 million of operating income.
Francisco Partners Completes $650 Million Weave Take-Private
The all-cash purchase prices the healthcare-communications company at $7.40 a share and positions Weave to accelerate investment in its AI-powered platform.
Integer Stockholders Approve KKR Take-Private Merger
KKR affiliates will take the medical-device maker private after a Goldman-led process that drew 17 financial sponsors and three strategics.
Grant Thornton to Buy CBIZ in $5.0 Billion Cash Deal
The accounting firm agreed to pay $55.00 a share for the middle-market professional-services advisor, with a close expected in the fourth quarter of 2026.
DoorDash to Buy Instacart in $17 Billion Mixed Deal
The food-delivery platform agreed to a mixed consideration transaction to acquire the grocery marketplace.
DoorDash to Buy Instacart in $17 Billion Mixed Deal
The local commerce platform will pay $65.00 a share, a 26% premium to Instacart’s Oct. 22 close, to fold grocery fulfillment into its delivery network.
CPE to Buy 81% of A. O. Smith China Unit
The water-technology maker will sell an 81% interest in its China business, retaining a 19% stake and a long-term brand license as it concentrates on higher-return opportunities.
Thrive Holdings to Buy ADT in $15.3 Billion Transaction
The security-services company would pair ADT’s more than 150 years of security experience with Thrive’s long-term capital and engineering.
Vanda Updates 2026 Revenue Outlook After Third-Quarter Sales
Third-quarter net product sales reached $69.8 million, up 24% from a year earlier, as the company updated its full-year 2026 outlook to greater than $240 million.
Spok Reiterates 2026 Outlook After License Sale
Third-quarter net income was $9.7 million, including a gain on narrowband licenses, as cash reached $30.1 million.