Archives

Xeris: Recorlev Revenue Surges 81% As Keveyis Patent Protection Targets 2039

By Amit Chowdhry ● Yesterday at 7:54 AM

Xeris Biopharma reported an 81% year-over-year increase in Recorlev revenue during the second quarter of 2026 as growing patient demand drove portfolio-wide product growth and the company strengthened intellectual property protection around Keveyis.

Zoetis: More Than 12 Potential Blockbusters Target Pet Obesity, Cancer And Chronic Disease

By Amit Chowdhry ● Yesterday at 7:53 AM

Zoetis is advancing a pipeline containing more than 12 potential blockbuster products across areas including obesity, oncology, chronic kidney disease, cardiology and anxiety as the animal health company increases its focus on new growth opportunities.

DNOW: U.S. Midstream Revenue Tops $1 Billion Annualized As Operating Cash Flow Hits Q2 Record

By Amit Chowdhry ● Yesterday at 7:53 AM

DNOW reported record second-quarter operating cash flow and a major milestone in its U.S. midstream business, where revenue surpassed a $1 billion annualized run rate for the first time in company history.

Vontier: Share Repurchase Authorization Reaches $1 Billion After $85 Million Teletrac Divestiture

By Amit Chowdhry ● Yesterday at 7:52 AM

Vontier increased its share repurchase authorization to $1 billion during the second quarter of 2026 as the mobility technology company continued reshaping its portfolio and completed the $85 million divestiture of Teletrac Navman.

Fiserv: $1.41 Billion Debt Retirement For $1.23 Billion Generates $154 Million Gain

By Amit Chowdhry ● Yesterday at 7:52 AM

Fiserv reshaped a portion of its debt structure during the second quarter of 2026, retiring approximately $1.41 billion of senior-note principal for $1.23 billion in cash and recording a $154 million GAAP gain on early debt extinguishment.

Privia Health: Value-Based Care Lives Jump 19% To 1.65 Million As Adjusted EBITDA Rises 29%

By Amit Chowdhry ● Yesterday at 7:51 AM

Privia Health continued expanding its value-based care platform during the second quarter of 2026, with attributed lives increasing 19.2% year-over-year to approximately 1.647 million as its provider network and profitability also grew.

BCE: $1.3 Billion AI Data Center Spending Increase Supports 300 MW Bell AI Fabric Expansion

By Amit Chowdhry ● Yesterday at 7:50 AM

BCE is accelerating its artificial intelligence infrastructure strategy, with 2026 capital expenditures expected to increase by $1.3 billion from 2025 primarily because of the construction of Bell AI Fabric's 300 MW data center in Saskatchewan.

FS KKR Capital: $600 Million Support Plan Advances As Shares Are Repurchased Roughly 41% Below NAV

By Amit Chowdhry ● Yesterday at 7:46 AM

FS KKR Capital is executing a $600 million package of shareholder and balance-sheet initiatives involving KKR and FSK as the business development company works to improve portfolio quality and capitalize on a substantial discount between its share price and net asset value.

Diageo: $850 Million Savings Plan Follows $900 Million Restructuring Charges And $1.5 Billion Impairments

By Amit Chowdhry ● Yesterday at 7:43 AM

Diageo is undertaking a major operating overhaul expected to generate approximately $850 million of savings over two years beginning in fiscal 2027 after recording roughly $900 million of restructuring charges during fiscal 2026.

Americold: $310 Million Impairment Follows Customer Exit As EQT Venture Targets Balance Sheet Improvement From 7.3x Leverage

By Amit Chowdhry ● Yesterday at 7:43 AM

Americold Realty Trust recorded a $309.6 million impairment during the second quarter of 2026 after reaching a mutual agreement with a customer to wind down operations at facilities in Lancaster, Pennsylvania, and Plainville, Connecticut.

Arhaus: $37.8 Million Tariff Refund Arrives As Comparable Written Sales Jump 12.5%

By Amit Chowdhry ● Yesterday at 7:42 AM

Arhaus received $37.8 million of refunds for previously paid IEEPA tariffs as of August 6, along with another $1.3 million of interest, while underlying customer demand accelerated during the second quarter of 2026.

Leggett & Platt: Bedding Adjusted EBIT Nearly Triples To $37 Million Despite Low-Double-Digit Mattress Market Decline

By Amit Chowdhry ● Yesterday at 7:40 AM

Leggett & Platt's Bedding Products business delivered a significant profitability improvement during the second quarter of 2026 despite continued weakness across the U.S. mattress industry.

Millicom: Postpaid Subscribers Nearly Double To 16.5 Million As Acquisitions Transform Latin America Footprint

By Amit Chowdhry ● Yesterday at 7:38 AM

Millicom's subscriber base expanded dramatically during the first quarter of 2026 as acquisitions across Latin America transformed the scale of its mobile and fixed-network operations.

Restaurant Brands International: Burger King U.S. Comparable Sales Jump 8.5% As $700 Million Reclaim The Flame Plan Advances

By Amit Chowdhry ● Yesterday at 7:36 AM

Restaurant Brands International reported a significant acceleration at Burger King U.S. during the second quarter of 2026 as its multi-year Reclaim the Flame investment program continues reshaping the brand's restaurants, technology and marketing.