Finance and markets: business, quotes, gold, energy and releases.
Found 26136 articles
Nelnet reported GAAP net income of $66.7 million for the second quarter of 2026, a significant decrease from the $181.5 million recorded during the same period last year. The prior year’s results were bolstered by a one-time $175 million gain from the partial redemption of the company’s investment in fiber-optic provider ALLO.
Nearly nine in ten business travelers faced disruptions in 2025, costing U.S. companies an estimated $17 billion annually in lost productivity and stress management. To combat this volatility, identity firm CLEAR debuted a new enterprise membership program at the Global Business Travel Association Convention in Chicago this week.
Matthews International Corporation reported a difficult third quarter for fiscal 2026, citing persistent delays in its energy storage business and rising costs in its memorialization segment. The Pittsburgh-based company responded by lowering its full-year earnings guidance and launching a restructuring program to shave $10 million in annual costs.
Main Street Capital Corporation posted a robust second quarter for 2026, delivering an annualized return on equity of 18.9% and a net increase in assets of $147.6 million. The Houston-based investment firm attributed the performance to significant fair value appreciation across its lower middle market and private loan portfolios.
Post Holdings reported third-quarter net sales of $1.9 billion, a 1.8% decline compared to the previous year. While the St. Louis-based consumer packaged goods firm saw profit margins tighten, it responded by narrowing its full-year 2026 Adjusted EBITDA guidance to a range of $1,560 million to $1,570 million.
AMN Healthcare Services reported second quarter 2026 revenue of $673 million, surpassing internal earnings guidance as the firm saw renewed volume growth in its travel nursing and allied staffing divisions. The results mark a continued stabilization in demand, with performance metrics improving across key segments compared to the prior year.
Thousands of patients face potential identity theft after Aesto Health confirmed a compromise of its Amazon Web Services infrastructure. The Alabama-based healthcare technology firm revealed that unauthorized parties accessed sensitive personal records over a two-week window, prompting a formal investigation by the class action law firm Edelson Lechtzin LLP.
Investors who lost more than $100,000 in Erasca, Inc. common stock between January 14, 2025, and April 26, 2026, have until August 10 to petition the court to serve as lead plaintiff in a pending securities class action filed against the oncology-focused biopharmaceutical company.
Uniondale-based ACRES Commercial Realty Corp. has finalized its transition from an externally managed REIT to an internally managed entity following the acquisition of ACRES Capital Corp. The all-stock transaction, which closed August 6, serves as a cornerstone for the firm’s strategy to consolidate operations and drive long-term stakeholder value.
MSC Income Fund, Inc. posted a net investment income of $0.26 per share for the second quarter of 2026, as the Houston-based firm pivoted to a monthly dividend schedule. The results, highlighted by a 15.9% annualized return on equity, reflect significant fair value appreciation across its investment portfolio.
More than 1,200 students will gather at the Gas South Arena on August 8 to celebrate their academic milestones. The ceremony marks a significant assembly for the online education institution, honoring graduates from high school, college, and career training programs who successfully balanced personal challenges with their professional ambitions.
As the Spokane Complex Fire forces evacuations and disrupts lives, Furniture Row and Denver Mattress are stepping in with a targeted relief initiative. The retailers are offering a 50% discount on all store products to residents who lost property in the blaze, aiming to restore basic comfort to displaced families.
CytoSorbents Corporation, a developer of blood purification technology, reported $9.6 million in second-quarter 2026 revenue, matching the previous year’s figures. Despite flat top-line growth, the Princeton-based firm significantly improved its operating efficiency, cutting its quarterly operating loss by 27% to $2.6 million through aggressive restructuring and tighter expense management.
Out of roughly 2,700 candidates, Powered Magazine has selected TAPP Engine founder Tosin Osunsanya as one of its 25 Outstanding Fintech Leaders of 2026. The annual list honors executives who are fundamentally restructuring global finance through digital innovation, improved infrastructure, and a renewed focus on customer-centric financial services.
Grant Puleo, a seasoned attorney known for navigating complex commercial property deals, has joined Greenberg Traurig’s San Diego office as a shareholder. Transitioning from Duane Morris, Puleo brings a dual-threat background in high-stakes transactional law and courtroom dispute resolution to the firm’s expanding California real estate division.
Chesapeake Utilities Corporation reported net income of $25.4 million for the second quarter of 2026, prompting the company to raise its annual capital expenditure guidance by $100 million. The surge in planned investment to $600 million reflects the company's aggressive expansion into transmission projects and regional infrastructure development.
With total assets surging to $485.6 million, Metalpha Technology Holding managed to nearly double its balance sheet during the 2026 fiscal year. The Hong Kong-based firm navigated a period of intense market turbulence by prioritizing structured derivative solutions and rigorous hedging strategies to maintain consistent profitability.
Laval-based convenience giant Alimentation Couche-Tard will report its financial performance for the first quarter of fiscal year 2027 on September 1, 2026. The release follows the close of the Toronto Stock Exchange, signaling the start of the company's next earnings cycle for its expansive global retail network.
Genpact reported a 7.1% increase in second-quarter net revenue to $1.343 billion, fueled by a sharp 24% surge in its Advanced Technology Solutions division. The results reflect the firm's accelerating pivot toward AI-driven operations, with management raising full-year earnings guidance to at least 12% growth.
Cambridge-based MetaVia has successfully escalated all active patients to the highest planned dose levels of 48 mg and 64 mg in its Phase 1 study of DA-1726. This progress marks a pivotal step for the clinical-stage firm as it moves toward reporting 16-week topline data later this year.
A comprehensive review of European assets has provided a significant boost to PRA Group’s bottom line, with the company reporting a $58 million net income for the second quarter of 2026. The results follow a strategic pivot to consolidate operations and modernize technology under the firm’s ongoing PRA 3.0 initiative.
Kevin D. Leary, the chief executive of Hallador Investment Advisors, joined the American Outdoor Brands board of directors effective August 4. His appointment adds significant expertise in capital allocation and corporate governance to the Columbia-based company as it pursues a growth strategy centered on brand portfolio expansion and disciplined acquisitions.
Gen Digital Inc. reported a strong start to its 2027 fiscal year, posting a 6% increase in GAAP revenue to $1.336 billion for the quarter ending July 3, 2026. Building on this momentum, the cybersecurity and identity protection firm raised its full-year guidance for both revenue and earnings per share.
QuidelOrtho Corporation reported a 3% revenue increase for the second quarter of 2026, reaching $631 million, yet the company simultaneously downgraded its full-year financial guidance. The diagnostic firm cited significant demand headwinds in China, driven by evolving pricing policies that continue to stifle regional performance.
KLA Corporation’s board of directors has authorized a quarterly cash dividend of $0.23 per share. The payout is scheduled for distribution on September 1, 2026, targeting investors who appear on the company’s books as shareholders of record by the close of business on August 17, 2026.
Detroit-based homeownership platform Rocket Companies reported a GAAP net income of $229 million for the second quarter of 2026, marking its most profitable performance in four years despite facing one of the most challenging spring housing markets in recent memory.
Aflac Incorporated reported second quarter 2026 adjusted earnings of $883 million, a 7.7% decline from the previous year, as a weaker yen pressured the company’s bottom line. Despite these currency headwinds, the insurer maintained its momentum in key markets and confirmed a third-quarter dividend for its shareholders.
Etsy leadership will head to Boston on August 12, 2026, to discuss the company’s strategic trajectory at the 46th Annual Canaccord Genuity Growth Conference. The presentation, scheduled for 8:00 a.m. ET, will be accessible to the public via a live webcast hosted on the company’s investor relations portal.
Csquare reported record bookings of $64.7 million for the second quarter of 2026, marking its 13th consecutive quarter of growth. While the data center provider saw revenue climb 14.5% to $280.4 million, it recorded a $48.8 million net loss tied largely to interest expenses incurred before its July initial public offering.
Lionsgate Studios Corp. reported $776.6 million in revenue for the first quarter of fiscal 2027, a 48% increase compared to the same period last year. The growth was primarily propelled by the record-breaking theatrical performance of the Michael Jackson biopic, Michael, and robust returns from the company's extensive film library.