Mid-Caps — page 2
Buybacks Diverge Across Retail and Chip Names
American Eagle halted program repurchases while Broadcom, Academy Sports and RH kept authorizations moving.
GameStop Insiders Bought $21.7 Million of Stock
Four GameStop insiders added 1.07 million shares in a week, the largest cluster of the period.
Modine to Combine Performance Technologies With Gentherm
The Reverse Morris Trust deal is expected to close October 1, 2026, creating a scaled thermal-management company with Modine shareholders owning 40%.
Copart to Buy ACV in $1.9 Billion Cash Deal
The online vehicle-auction operator will pay $10.50 a share to add a digital dealer-to-dealer wholesale platform and close by year-end 2026.
Alcoa to Buy South32 Assets in $4.1 Billion Deal
The aluminum producer will take Worsley Alumina, Hillside Aluminum and Brazil operations for $3.1 billion in cash plus about 17 million shares.
Circle to Acquire Tazapay to Expand USDC Payouts
The stablecoin issuer said the deal will add 60-plus banking and fintech partners and 100-plus payout markets to its ecosystem.
Chime to Buy Stride Bank in $590 Million Cash Deal
The digital bank said the national charter and Stride’s infrastructure will underpin an end-to-end platform built for the AI era.
Retailers and Software Firms Split on Buybacks
Abercrombie and Snowflake spent billions on repurchases while Best Buy, Dillard's, and Victoria's Secret paused or slowed.
SEC Pressed Stanley Black & Decker on Non-GAAP Charge Labels
Stanley Black & Decker revised how it describes and discloses years of supply-chain restructuring costs after SEC staff repeatedly challenged which charges belonged outside GAAP earnings.
SEC Pressed Cooper Companies on Non-GAAP Gross Profit, Tax Adjustment
A year-long comment-letter dialogue pushed Cooper Companies to defend and eventually narrow its non-GAAP presentations while adding new segment and disclosure detail.
SEC Presses Coeur Mining on Non-GAAP Adjustments at Rochester, Las
Staff pushed Coeur Mining through months of comment letters over inventory-related add-backs to Adjusted EBITDA, forcing new disclosure but no retreat on the underlying adjustments.
Lululemon Cuts Full-Year Sales Outlook to $10.35 Billion
The athletic-apparel maker now expects fiscal 2026 net revenue of $10.350 billion to $10.500 billion, a 5% to 7% decline.
Guidewire Revenue Growth Slowed to 15% in Fourth Quarter
The insurance-software platform posted $411.1 million of fourth-quarter revenue and guided first-quarter fiscal 2027 sales to $372 million to $378 million.
Docusign Lifts Fiscal 2027 Revenue Outlook to $3.5 Billion
The agreement-software company guided annual recurring revenue growth to 8.50%–9.00% and said IAM would reach 18%–19% of ARR by year-end.
AbbVie Completes $10.9 Billion Cash Purchase of Apogee
The immunology-focused drugmaker closed the all-cash deal that folds a late-stage atopic dermatitis antibody and a respiratory pipeline into its franchise.
Brown-Forman Organic Sales Turn Down 1% After Growth
The spirits maker posted $911 million in first-quarter net sales and reaffirmed a plan for roughly flat organic revenue in fiscal 2027.
Argan Revenue Growth Accelerates to 61.5% at $384 Million
The power and industrial construction firm posted record net income of $53.3 million, or $3.76 a share, in the quarter ended July 31, 2026.
Skyworks to Close Qorvo Combination Within Calendar Year
The analog and mixed-signal semiconductor maker said regulatory approvals are progressing and it is preparing to close as early as within the fiscal year.
MongoDB Revenue Growth Accelerates To 30% At $771.8 Million
The database company posted $40.9 million of GAAP net income, or $0.50 a share, and raised full-year fiscal 2027 revenue guidance.
Graco to Buy Valco Melton in $447 Million Cash Deal
The fluid-handling equipment maker said the purchase adds precision adhesive dispensing and vision-based quality-assurance systems to its Industrial division.
American Healthcare REIT to Buy Kensington Senior Living for $572 Million
The healthcare REIT said the eight-community asset purchase extends its higher-acuity senior housing platform in affluent, supply-constrained U.S. markets.
Helen of Troy's Order Cuts Sharpen Consumer Trade-Down Story
Helen of Troy disclosed a realized drop in retailer replenishment orders tied to softer demand, while Petco, Oxford Industries and Zumiez detailed how price sensitivity and trade-down behavior are reshaping category and promotional dynamics.
Baxter Recalls Duo-Vent Solution Sets
Baxter Healthcare Corporation issued a Class I recall of Duo-Vent Solution Sets after customer reports of air bubbles in the drip chamber and tubing.
Walmart and TJX Buy Back More Stock
Retail giants kept buying shares while software and home-goods firms paused or stopped repurchases.
Hormel Raises Adjusted Earnings Outlook to $1.45-$1.51
The branded food company posted $2.96 billion of third-quarter net sales as organic sales reversed from growth to a 2% decline.
Gap Comparable Sales Turn Down 1% After Ninth Straight Gain
The apparel company posted $3.7 billion of second-quarter net sales and raised its adjusted full-year earnings outlook to about $2.35 to $2.45 a share.
Dollar General Lifts Full-Year EPS Outlook to $8.00
The neighborhood general store posted $2.48 a share in the 13 weeks ended July 31, 2026, and raised its fiscal 2026 earnings range.
Best Buy Lifts Comparable Sales Outlook to 3.0%
The electronics retailer posted 4.1% enterprise comparable sales growth in the 13 weeks ended Aug. 1 and raised full-year adjusted diluted EPS guidance to $6.70 to $6.90.
Affirm RLTC Growth Accelerates to 41% Year Over Year
Revenue less transaction costs reached $498 million in the third fiscal quarter as GMV growth cooled to 35%.
Electronics Distributors Face Widening Supply Chain Squeeze
Four electronics companies said memory, sole-source parts, supplier consolidation, and tariffs are tightening their supply chains at once.