Large-Caps — page 8
Royal Caribbean Lowers Annual Profit Guidance Despite Revenue Growth
The cruise operator reported first-quarter revenue of $4.5 billion, an 11% increase from the prior year.
American Electric Power streamlines Texas generation as capex rises
The holding company completed its exit from the Texas generation business while expanding capital liabilities across its Ohio and Texas subsidiaries.
Travelers Profit Climbs as Catastrophe Losses Decline
The insurer’s combined ratio improved 6.7 points to 83.6%.
Netflix Beats Margin Forecast as Revenue Growth Slows
Operating margin reached 33.4%, topping Netflix’s forecast by 0.8 percentage point.
Intuitive Surgical Lifts Margin Outlook as Procedure Growth Slows
The company raised its 2026 adjusted gross-margin forecast to 68.0%-69.0%.
Fifth Third Net Interest Income Rises 48% on Comerica Integration
Net interest margin expanded 24 basis points year-over-year to 3.36% as the bank integrated its latest acquisition.
Baker Hughes Closes $13.6 Billion Chart Deal as Segments Diverge
Baker Hughes completed its acquisition of Chart Industries on July 16, adding a third operating segment that reported $4.3 billion in revenue for fiscal 2025.
Baker Hughes Completes $13.6 Billion Chart Industries Cash Deal
The acquisition expanded Baker Hughes’ industrial portfolio and recurring aftermarket-services business.
Europe's Bank Margins Diverge as Returns Climb, Capital Slips
Europe's biggest banks are pulling in opposite directions on income and returns even as capital ratios thin out from Tokyo to Wall Street.
UnitedHealth Raises Outlook as Earnings Rebound
The health-care company lifted its adjusted earnings forecast to $19.50 to $20.00 a share.
Uber Adds Delivery Hero in $14.8 Billion Deal as Growth Cools
Uber Technologies disclosed a roughly $14.8 billion equity-value takeover offer for Delivery Hero, extending an acquisition streak even as its most recent quarterly bookings growth decelerated to 25% from 22% a quarter earlier.
United Raises Profit Outlook Even as Fuel Costs Erase Earnings
United Airlines Holdings posted a 17.3% drop in second-quarter net income to $805 million as fuel expense jumped 84.1% to $5.11 billion, yet the carrier raised its full-year profit guidance.
Progressive's Growth Engine Slows as Underwriting Margins Narrow
The auto and property insurer's combined ratio climbed to 87.3 in the second quarter, up 1.1 percentage points from a year earlier, as catastrophe losses and a deteriorating loss ratio weighed on results.
General Electric raises full-year outlook as engine deliveries climb
Free cash flow rose 43% year-over-year to $3.0 billion in the second quarter.
Citizens Financial's Net Interest Income Accelerates 4.4% as NIM Expands Further
The regional lender posted $1.63 billion in net interest income, up 14% year-over-year, as its net interest margin widened to 3.17%.
Uber to Buy Delivery Hero in $14.8 Billion All-Cash Deal
The combination would nearly double Uber’s markets offering both mobility and delivery services.
M&T Bank Net Interest Income Rises on Loan Growth
Taxable-equivalent net interest income increased 2% quarter-over-quarter to $1,804 million
Cheniere Energy raises full-year guidance on record export volumes
The company increased its 2026 consolidated adjusted EBITDA forecast to a range of $7.25 billion to $7.75 billion
Fastenal Sales Growth Hits Five-Quarter High
The industrial distributor reported 14.7% year-over-year daily sales growth in the second quarter.
Elevance Profit Slides as Medical Costs Climb
The health insurer reported second-quarter adjusted earnings of $7.45 a share, down 15.7% from a year earlier.
Citigroup's Five Businesses All Grow Loans as Services Hits Record 30.9% RoTCE
Citigroup's net interest income rose 13% year over year in the second quarter as loan growth accelerated across every business line and Services delivered a record $6.4 billion in revenue.
BNY's NIM Streak Hits Fourth Quarter as Deposits Dip and Buybacks Accelerate
Net interest margin at Bank of New York Mellon expanded for a fourth straight quarter to 1.45%, even as average deposits fell for the first time in five quarters and share repurchases rose to $1.1 billion.
BlackRock inflows hit record $192 billion
The world’s largest asset manager saw long-term net inflows jump 46% sequentially to $199 billion in the second quarter.
Allstate Profit More Than Quadruples on Improved Underwriting Results
The insurer's net income reached $2.4 billion in the first quarter as its combined ratio improved 15.4 points to 82.0.
Williams Companies Lines Up $5.34 Billion Power JV With Blackstone
Williams Companies struck a $5.34 billion joint venture with Blackstone, Apollo and KKR that the company said would lower its 2026 leverage guidance to roughly 3.6 times debt-to-Adjusted EBITDA.
Wells Fargo Loan Growth Outpaces NIM Erosion as Fee Income Surges
Wells Fargo & Company (WFC) grew average loans 12% year over year to $1,026.5 billion even as its net interest margin compressed to 2.43%, while noninterest income jumped 13% on capital-markets strength.
Realty Income Expands Credit Facilities, Raises Investment Outlook Above $6 Billion
The REIT upsized its revolving credit facility by 37.5% to $5.5 billion while cutting borrowing costs by five basis points.
IBM Growth Slows Sharply on Infrastructure Pullback
The technology giant’s revenue rose just 1% in the quarter, missing its own full-year target.
Bank of America NII Climbs for Seventh Straight Quarter as Trading Surges
Net interest income reached $16.2 billion, up 9% year-over-year, as fixed-rate assets repriced and loan balances expanded across every business line.
Williams to Sell $5.34 Billion Stake in Power Innovation Projects to Blackstone
The pipeline giant partners with Blackstone, Apollo and KKR to fund its energy-infrastructure buildout while preserving balance-sheet capacity.