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Fluor (NYSE: FLR) Q2 revenue jumps to $4.33bn as adjusted EPS beats consensus 30%
Fluor Q2 adjusted EPS came in at $0.91 vs $0.70 consensus and revenue hit $4.33 billion, but the 11% rally has now pushed FLR above the average target.
Warner Bros Discovery streaming revenue tops $3bn as studio slump tests Paramount merger case
Warner Bros. Discovery’s streaming business delivered record quarterly revenue and stronger profitability, but weak films and collapsing linear advertising pulled group revenue below expectations as the $110 billion Paramount Skydance transaction enters a prolonged regulatory wait.
Honeywell Aerospace shares plunge 23% after 2026 forecast cut exposes supply-chain bottleneck
Honeywell Aerospace Inc. lost almost a quarter of its market value after cutting 2026 sales and profit expectations only weeks after becoming independent. Demand remains strong, but supply constraints are preventing the aerospace supplier from converting its $18.2 billion backlog into the higher-margin growth investors expected from the spin-off.
Sun Life Financial Q2 profit jumps 41% to C$1bn on Canada, Asia and U.S. strength
Sun Life's Q2 underlying income rose 11% to C$1.12B and ROE hit 19.1%, but leverage climbed to 23.8% and MFS net outflows widened to US$22.9 billion.
Harworth (LSE: HWG) shares close above Peel’s £583m takeover bid as investors question the 172.5p offer
Peel Holdings Group Limited has launched an unsolicited cash takeover offer for Harworth Group plc, but the shares closed above the bid price as investors weighed the premium against Harworth’s land portfolio, data-centre potential and last reported asset value.
UOB Q2 net profit rises 10% to S$1.48bn as record wealth fees land days after the Allianz UOBAM sale
UOB cut 2026 fee guidance the same week it sold UOBAM to Allianz for S$555M, yet Q2 net profit rose 10% to S$1.48B on record wealth management fees.
WPP shares surge 28.6% as Q2 revenue decline eases and Elevate28 turnaround gains credibility
WPP plc’s second-quarter revenue decline moderated sharply, triggering its biggest share-price gain in more than three decades. The rally raises a bigger question: is Cindy Rose’s Elevate28 overhaul beginning to produce a sustainable recovery, or did exceptionally low expectations create a powerful relief rally?
Ducommun backlog reaches $1.16bn as aerospace and missile demand accelerates
Ducommun posted record revenue and margins as aerospace and missile orders lifted backlog to $1.16 billion despite accounting and destocking risks.
Fiserv cuts 2026 outlook as organic revenue falls 5% and margins contract
Fiserv lowered annual growth and EPS guidance as banking revenue weakened, while Clover volumes and cash conversion remained resilient.
Kratos (NASDAQ: KTOS) lands US Army Enhanced Seeker contract for Javelin
Kratos won a US Army contract to develop the Javelin Enhanced Seeker, moving up the value chain on a $7.2 billion program led by Lockheed Martin and RTX.