With government demand driving a surge in new orders, Montreal-based CGI reported a significant uptick in third-quarter earnings. The IT consulting firm posted a net income of 465.2 million Canadian dollars, comfortably outpacing analyst expectations as its contracted backlog swelled to nearly 32 billion dollars.
An 8% premarket slide hit Lennox shares Wednesday as the HVAC manufacturer lowered its annual earnings guidance. Stagnant housing demand and elevated building costs have stalled residential sales, forcing the company to pivot its profit outlook despite a robust performance in its commercial division.
Titan Mining has signed a non-binding letter of intent to supply natural graphite from its planned New York facility to a major U.S. aerospace and defense manufacturer, marking a significant step in the company’s effort to establish a domestic supply chain for critical minerals.
For the 13th consecutive year, Capital Power has increased its shareholder payout, signaling confidence despite a second-quarter net loss of 43 million Canadian dollars. The Alberta-based utility leveraged its recent expansion into U.S. markets to narrow its losses significantly compared to the 131 million Canadian dollar deficit reported last year.
Procter & Gamble has elevated President and Chief Executive Shailesh Jejurikar to the role of chairman, a transition set to take effect on August 1. This appointment marks the final step in a leadership succession plan as the Cincinnati-based consumer goods titan prepares for the departure of its long-serving executive chairman.
Shares of Johnson Controls climbed 5.9% to $148.49 in premarket trading after the industrial conglomerate reported quarterly earnings that surpassed analyst expectations. Sustained order momentum and margin expansion drove the company to lift its full-year organic sales growth forecast to 8% and project higher annual earnings per share.
Canadian Utilities reported a second-quarter profit of 128 million Canadian dollars, marking an increase from 111 million a year ago. The utility provider, majority-owned by ATCO, attributed the gains to higher flow-through revenue in gas and electricity distribution alongside consistent growth in its underlying rate base.
A 5% surge in freight-adjusted selling prices for sand, gravel, and crushed stone pushed Vulcan Materials to a stronger-than-expected second quarter. The construction materials giant reported $2.16 billion in revenue, outperforming analyst estimates as the industry showed surprising resilience in absorbing higher material costs for ongoing infrastructure projects.
Teva Pharmaceutical Industries has raised its annual sales guidance after its brand-name portfolio demonstrated significant momentum in the second quarter. The company is actively pivoting toward higher-margin proprietary products as it navigates a challenging environment for its traditional generic drug business across the United States.
The Colombia-focused exploration firm is moving its U.S. trading venue from the New York Stock Exchange to the Nasdaq Global Select Market. This transition follows the company’s recent relocation of its executive headquarters to Miami, marking a strategic effort to broaden its profile among North American institutional and retail investors.
Driven by a surge in innovation and commercial expansion, Fortive has boosted its full-year earnings forecast. The industrial technology company surpassed Wall Street expectations for the second quarter, reporting $1.1 billion in sales as strategic growth investments begin to yield tangible financial results across its core business segments.
Fannie Mae posted a second-quarter profit of $3.98 billion on Wednesday, marking a significant climb from the $3.32 billion reported during the same period last year. The government-backed mortgage giant saw its total revenue hit $7.57 billion, comfortably outpacing the $7.25 billion forecast by analysts surveyed by FactSet.
VF Corporation shares slid nearly 7% in premarket trading after the apparel giant reported a 5% revenue drop to $1.67 billion, dragged down by ongoing weakness in its Vans brand, alongside the surprise announcement that CFO Paul Vogel will step down after just two years in the role.
Investors in industrial technology manufacturer Littelfuse will see a 6.7% bump in their quarterly dividend, with the company raising its payout to 80 cents per share from the previous 75 cents. This adjustment reflects the firm's ongoing capital allocation strategy following Tuesday’s market close.
A 55% jump in quarterly revenue to $8.76 billion has sent Amphenol shares climbing 6% in premarket trading. The electronic components manufacturer significantly outperformed Wall Street expectations, bolstered by a surge in demand across its IT datacom segment that shows no signs of slowing down heading into the next quarter.
Surging consumer demand for wearable fitness devices propelled Garmin to a record-breaking second quarter, prompting the Swiss technology firm to lift its full-year revenue and profit targets. The company beat analyst expectations across the board, signaling a robust appetite for its latest GPS and health-tracking hardware.
Investors are bracing for a pivotal Thursday as Lloyds Banking Group prepares to unveil its second-quarter results alongside a long-awaited strategic roadmap. With shares climbing 15% this year, market participants are weighing potential buyback announcements against persistent regulatory clouds surrounding the bank's historical motor finance commission practices.
Shell prepares to report second-quarter adjusted earnings of $8.92 billion this Thursday, a significant jump from the $4.26 billion recorded a year ago. Driven by rising energy prices and robust trading performance, the results arrive as shareholders weigh the company’s long-term production strategy against a recent reduction in share repurchases.
Shares of semiconductor developer Aeluma rallied 14% to $16.16 in Wednesday’s premarket trading following the announcement of a non-binding letter of intent for $30 million in federal support. The proposed award aims to bolster the company’s domestic manufacturing capabilities for next-generation photonics and artificial intelligence infrastructure.
A 43% collapse in quarterly sales has not stopped Abu Dhabi’s Aldar Properties from posting a 10% profit increase, as the developer relied on its existing development backlog and steady recurring income to weather the cooling demand triggered by regional instability.
Higher metal prices helped Hudbay Minerals offset rising input costs, driving the Canadian miner’s second-quarter net earnings to $138.1 million. The copper producer outperformed market expectations, delivering adjusted earnings of 28 cents a share against the 26-cent consensus forecast as revenue climbed 14% to $631.3 million compared to the previous year.
Shares of Vertiv tumbled 9.5% in pre-market trading after the data center infrastructure provider posted second-quarter revenue of $3.27 billion, falling short of Wall Street estimates. While profits surged to $497.8 million, temporary supply chain congestion hindered the company’s ability to meet the rapid deployment schedules demanded by the AI sector.
A surge in second-quarter profitability has prompted Stanley Black & Decker to revise its annual earnings forecast upward. The tool manufacturer reported $351.3 million in net income, significantly outpacing the $101.9 million figure recorded during the same period last year, bolstered by a strategic divestiture and favorable tariff refunds.
Investors reacted sharply to Auto1 Group’s decision to maintain its full-year financial targets, sending shares plummeting 9.1% to 21.62 euros in midmorning trading. Despite a robust second quarter that saw revenue climb to 2.43 billion euros, the market signaled clear disappointment that the company’s outlook failed to reflect recent gains.
The European Commission has cleared AbbVie’s blockbuster medication Rinvoq to treat patients aged 12 and older suffering from severe alopecia areata and non-segmental vitiligo. This regulatory expansion marks a significant shift, establishing the drug as the first systemic treatment available across Europe for the most common form of pigment loss.
A 6.4% plunge in CaixaBank shares on Wednesday signals investor frustration after the Spanish lender opted to maintain its full-year guidance despite reporting second-quarter profits that topped market expectations. The move marks the bank's sharpest single-day decline in over a year, catching many market observers off guard.
A 32% year-over-year surge in net profit is on the horizon for LG Electronics, as the South Korean manufacturer prepares to disclose its second-quarter financials this Thursday. Preliminary forecasts suggest a robust performance, with revenue climbing 15% to 23.830 trillion won and operating profit more than doubling from the previous year.
Investors pushed Sopra Steria Group shares to their highest level in a year on Wednesday, sending the stock up 13% to 194.80 euros. The jump follows a strong second quarter that prompted the French technology firm to lift its organic revenue growth guidance for the full year.
Future Corp. reported a robust first half for 2026, with net profit rising to 5.17 billion yen from 4.57 billion yen in the same period last year. The Japanese firm’s performance reflects steady growth across its core financial indicators as it navigates the current fiscal year under local accounting standards.
Negotiated pay deals across the eurozone are projected to rise by 2.6% this year, a deceleration from the 3% growth recorded in 2025. Despite recent inflationary spikes linked to Middle East instability and energy costs, the European Central Bank reports no evidence of the sustained wage-price spirals feared by policymakers.
