Large-Caps — page 7
Volume Growth Carries Global Systemic Banks, Costs Split
Balance growth lifted eight of the season's eleven reporting global systemic banks, while a smaller cluster wrestled with rising costs and normalizing credit in the same breath.
Thermo Fisher Accelerates Revenue Growth as Demand Strengthens
Organic revenue growth reached 5%, up from 1% in the prior quarter.
RTX Raises Full-Year Outlook Again as Backlog Tops $289 Billion
RTX (RTX) posted second-quarter sales of $24.7 billion, up 14% from a year earlier, and raised its full-year profit and revenue guidance for the second straight quarter.
Roper Raises Outlook as Revenue Growth Slows
Adjusted earnings reached $5.38 a share, topping the prior forecast by eight cents.
PG&E Lifts Profit as Lower Costs Widen Margins
Core earnings increased 36% to $920 million as operating expenses declined.
Honeywell Raises Full-Year Outlook Following Aerospace Spin-Off
The industrial conglomerate raised its full-year adjusted earnings per share guidance to a range of $8.05 to $8.35.
Huntington Grows Loans as Deposit Costs Pinch Margin
Net interest income rose 9% QoQ to $2.052 billion as loan growth outweighed modestly higher funding costs.
Freeport Profit Rises 27% as Copper Prices Offset Indonesia Slump
Freeport-McMoRan posted net income of $984 million even as copper sales volumes fell 30% during the phased restart of its Grasberg Block Cave mine.
Dover Raises Full-Year Outlook as Organic Growth Accelerates
The diversified manufacturer raised its full-year adjusted earnings guidance to a range of $10.55 to $10.75 a share.
Digital Realty Raises Guidance Twice as Backlog Hits Record $1.9 Billion
Digital Realty Trust posted second-quarter revenue of $1,924.0 million, up 29% from a year earlier, as record bookings backlog and accelerating rent spreads pushed the data-center landlord to raise full-year guidance for the second straight quarter.
Blackstone's Fee Earnings Jump 22% as Perpetual Capital Expands
Blackstone (BX) reported fee related earnings of $1.8 billion, up 22% year over year, as perpetual capital vehicles grew to 48% of fee-earning assets and the firm raised its quarterly dividend 11% to $1.29 a share.
Wabtec Raises Outlook as Sales Growth Accelerates
Operating cash flow more than doubled to $441 million as conversion reached 82%.
Texas Instruments Posts Fourth Straight Quarter of Margin Growth
Texas Instruments (TXN) reported second-quarter revenue of $5.46 billion, up 23% from a year earlier, as operating margin expanded to 42.3% and guidance for the current quarter topped analysts' expectations for sequential growth.
TE Connectivity's Organic Growth Reaccelerates as Industrial Overtakes Autos
TE Connectivity posted record adjusted earnings of $2.94 a share, even as operating-margin gains and free cash flow both cooled from prior quarters.
AT&T Expands Profit as Connectivity Growth Accelerates
Free cash flow rebounded to $4.7 billion, nearly doubling from the first quarter.
Southern Copper Posts Record Profit as Metal Prices Climb
Adjusted EBITDA reached $2.856 billion as the margin widened to 66.6%.
Philip Morris Posts Record Revenue as Pricing Lifts Growth
Adjusted operating margin widened 0.7 percentage point to 42.6% in the second quarter.
Northern Trust Raises Dividend as Net Interest Income Climbs
The custody-and-asset-management franchise reported a 1.81% net interest margin and a 10% increase to its quarterly dividend.
Moody's Revenue Accelerates as Transactional Volume Gains Momentum
The financial services provider reported second-quarter revenue of $2.2 billion, a 15% increase from the prior year.
Kinder Morgan Profit Growth Cools as Backlog Shrinks
Kinder Morgan posted second-quarter net income of $867 million, up 21% from a year earlier but down from $976 million in the first quarter as growth decelerated across key metrics.
GE Vernova Raises Cash-Flow Guidance as Power Backlog Swells
GE Vernova posted 88% organic order growth and lifted its 2026 free-cash-flow target to $11.5-$12.5 billion, nearly double the range it set at the start of the year.
TE Connectivity to Buy Astrodyne TDI in $1.4 Billion Deal
TE Connectivity is deepening its bet on mission-critical power management with a second nine-figure acquisition inside eighteen months.
Public Storage Completes $10.5 Billion National Storage Affiliates Deal
The all-stock acquisition expanded Public Storage’s global platform to more than 4,500 properties.
SEC Presses Insurers and GM to Strip Non-GAAP Cushioning
Staff comment letters in June pushed Prudential to abandon a flagship adjusted-earnings metric and forced General Motors to simplify segment math, part of a broader crackdown on non-GAAP presentation.
Steel Dynamics Profit Jumps 79% as Spreads Widen
Steel Dynamics posted second-quarter net income of $534 million, or $3.69 a diluted share, beating its own guidance even after a new $16 million impairment charge.
MSCI Raises Cash-Flow Outlook as Subscription Growth Accelerates
The index and analytics provider posted second-quarter revenue of $867.0 million.
Marsh & McLennan Underlying Revenue Growth Accelerates
The professional services firm reported adjusted earnings per share of $9.02, a 9% increase from the prior year.
Danaher Raises Profit Outlook as Core Growth Accelerates
The company lifted its full-year adjusted earnings forecast to $8.45 to $8.60 a share.
CMA CGM Group to Buy FedEx Supply Chain in $1.4 Billion Deal
The divestiture is part of a strategic portfolio streamlining effort by FedEx as it reshapes its global logistics footprint.
EQT Completes $77 Million Acquisition of Blackline Midstream
The all-cash asset deal gives EQT (EQT) new propane infrastructure to sharpen flow assurance and open international supply channels as it deepens its vertical-integration push.