Releases

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eBay Reports Revenue Growth and Closes Depop Acquisition

eBay posted $3.1 billion in second-quarter revenue for 2026, marking a 15% increase as the company finalized its $1.4 billion acquisition of fashion marketplace Depop. The results underscore a period of expansion for the global commerce platform, bolstered by record engagement in its live shopping segment and a stronger outlook for the remainder of the year.

Hamilton Beach Reports Q2 Profit Surge Driven by Tariff Refunds

Hamilton Beach Brands Holding Company posted a significant second-quarter profit jump to $43.2 million, fueled largely by a one-time $36.5 million tariff refund. The Glen Allen-based appliance manufacturer saw revenue climb 11.6% to $142.6 million, signaling a recovery in U.S. consumer demand compared to the same period last year.

Honeywell Aerospace Lowers 2026 Outlook Following Spin-Off

Number: Honeywell Aerospace reported $4.5 billion in second-quarter sales—a 5% year-over-year increase—but tempered its full-year 2026 outlook. Following its June 29 separation from Honeywell International, the Phoenix-based firm is recalibrating expectations to align with current supply chain constraints and elevated separation costs.

Everpure Sets Second Quarter Fiscal 2027 Earnings Call

Santa Clara-based data infrastructure firm Everpure will host an investor conference call on August 26 at 2:00 p.m. PT to detail its financial performance for the second quarter of fiscal 2027, which concluded on August 2. The session follows the official release of the company's quarterly results.

United Bancorporation Posts 26% Quarterly Profit Surge

With net income climbing to $5.8 million for the second quarter of 2026, Atmore-based United Bancorporation of Alabama has signaled a sharp upward trajectory. The financial holding company outperformed its year-ago figures by 26.1%, fueled by sustained deposit growth and a significant increase in earnings per share.

Western Midstream Raises 2026 Profit Outlook After Record Quarter

Western Midstream Partners reported record second-quarter Adjusted EBITDA of $736.5 million, prompting the company to raise its full-year guidance across key financial metrics. Driven by increased produced-water throughput and the recent Brazos Delaware acquisition, the firm is now targeting a mid-point Adjusted EBITDA of $2.85 billion for 2026.

Accuray Schedules Fiscal Fourth Quarter 2026 Earnings Call

Madison-based Accuray Incorporated will disclose its financial performance for the fourth quarter of fiscal year 2026 on August 19, 2026. Management has scheduled a conference call at 1:30 p.m. PT to review the results for the period that concluded on June 30, 2026.

Solventum to Spin Off Health Information Systems Unit

Solventum plans to carve out its Health Information Systems business, a move designed to sharpen the company’s focus on its core MedTech operations. By decoupling the $1.4 billion software division, the firm aims to create two distinct entities better positioned to pursue independent growth and capital allocation strategies.

Etsy Releases Second Quarter 2026 Financial Results

Brooklyn-based marketplace Etsy, Inc. published its financial performance for the quarter ending June 30, 2026, directing stakeholders to its latest shareholder letter. The company, which facilitates global trade for independent creative entrepreneurs, remains focused on its mission of maintaining human-centered commerce amidst a broader industry shift toward automation.

Zillow Overhauls Executive Suite to Accelerate Housing App Strategy

Zillow Group is consolidating its financial and operational leadership, naming CFO Jeremy Hofmann as the company’s new chief operating officer. The move, announced Monday, coincides with the appointment of Google veteran Cassandra Knight as the firm’s inaugural chief legal and policy officer, signaling a major push toward regulatory and operational integration.

Cyngn Sets August 12 Date for Second Quarter Financial Results

Mountain View-based Cyngn plans to release its financial results for the second quarter of 2026 on Wednesday, August 12, following the close of market. The company, which specializes in autonomous industrial vehicle technology, confirmed that it will not host an earnings conference call to discuss these figures.

OUTFRONT Media Declares Quarterly Dividend of $0.33 per Share

Shareholders of OUTFRONT Media Inc. are set to receive a quarterly cash dividend of $0.33 per common share. The payout, announced by the company’s board of directors, targets investors of record as of the close of business on September 4, 2026, with distribution scheduled for late September.

Universal Technical Institute Scales Back Fiscal Forecast Amid Growth Spends

Universal Technical Institute reported a 7.2% revenue increase to $218.9 million for the fiscal 2026 third quarter, yet the company is adjusting its annual outlook downward. While new student starts climbed 10.9%, the education provider is navigating a tightening margin environment driven by heavy investment in new campus launches.

OUTFRONT Media Revenue Climbs on World Cup Ad Boost

OUTFRONT Media reported a strong second quarter for 2026, with revenues reaching $522.5 million—a 13.5% increase over the same period last year. The company’s performance was bolstered by organic growth across its billboard and transit segments, further amplified by advertising demand surrounding the 2026 FIFA World Cup.

Keeping Pools Swim-Ready During Record Heat Waves

As temperatures climb, extreme heat is wreaking havoc on backyard swimming pools, forcing chemical imbalances and equipment strain. America’s Swimming Pool Co. (ASP) has released a guide for homeowners, aiming to mitigate the risks of algae growth and costly mechanical failures during the peak of the summer season.

Velocity Auto Care Hits 50-Center Milestone in Texas Expansion

A new Valvoline Instant Oil Change center in Edinburg, Texas, has pushed Velocity Auto Care to a 50-location milestone. The expansion marks a significant step for the firm, which has opened 12 new service centers since Franchise Equity Partners acquired the business in late 2024.

Southern Nevada Lands Four Major Business Expansions

Southern Nevada is set to gain more than 430 jobs and $55 million in new capital investment following a series of corporate expansion projects. The regional influx, spanning sectors from advanced manufacturing to artificial intelligence infrastructure, is projected to deliver over $322 million in total economic impact by 2028.

First Lawsuit Filed Against Chipotle Over Salmonella Outbreak

Kristen Behne, a Minnesota resident, has filed a federal lawsuit against Chipotle Mexican Grill after a severe Salmonella infection left her hospitalized. The complaint, lodged in Minnesota, marks the first legal challenge in a burgeoning multistate outbreak that health officials have linked to contaminated jalapenos served at the chain.

Ben Woodcock Named Director of Building Sciences at Partner in Vancouver

Ben Woodcock has joined Partner Assessment Corporation as Director of Building Sciences, tasked with spearheading the firm's building condition assessment practice across Western Canada. Bringing two decades of international consulting experience, Woodcock will operate from the company's Vancouver office to bolster its strategic real estate advisory services.

Why Agile Transformations Stall at the Process Level

Organizations often mistake the adoption of iterative processes for true agility, leading to stalled transformations and inconsistent results. Info-Tech Research Group reports that success hinges on a fundamental cultural shift—moving from merely doing Agile to becoming Agile—driven by a shared understanding across every level of the enterprise.

Why Agile Transformations Stall at Corporate Scale

Many organizations adopt iterative processes to accelerate delivery, yet often find themselves stuck in a cycle of performative workflows rather than true flexibility. According to the Info-Tech Research Group, the failure to realize intended benefits stems from a fundamental disconnect: teams are doing Agile, but failing to be Agile.

Aiken Business Owners Face Choice Between Leasing and Buying Property

For business owners in Aiken, South Carolina, the decision to lease or purchase commercial space hinges on a balance between immediate agility and long-term asset building. Tad Barber, a broker with REMAX Tattersall Group, argues that the right path depends entirely on a company’s current cash flow and future growth projections.

Kessler Topaz Launches Investigation into Innio N.V. Following Losses

A 17% drop in share price following Innio N.V.’s second-quarter earnings report has triggered a formal investigation by Kessler Topaz Meltzer & Check, LLP. The law firm is currently reviewing potential violations of federal securities laws after the company reported a $16.9 million net loss for the period.

Hims & Hers Health Faces Securities Probe Following FTC Privacy Lawsuit

A federal investigation into Hims & Hers Health has been launched by Kessler Topaz Meltzer & Check, LLP, following an FTC lawsuit that alleges the company mishandled sensitive patient medical data. The legal firm is now seeking contact with investors who suffered financial losses after the company’s stock valuation dropped by 14 percent.

Achieve Secures Top-Three LendingTree Ranking for Sixth Straight Quarter

For the sixth consecutive quarter, San Mateo-based digital finance firm Achieve has earned a top-three spot in LendingTree’s personal loan customer satisfaction rankings. The recognition, covering the second quarter of 2026, highlights the company's performance in transparency, application ease, and overall service quality as measured by verified user reviews.

Rice bioengineers develop protein-based shield for insulin-producing cells

Rice University researchers have engineered a living cellular factory that secretes a biochemical halo of interleukin 10 (IL-10) to protect transplanted pancreatic beta cells. By masking these implants from the host immune system, the team successfully extended the function of insulin-producing cells in diabetic mice for over 100 days.

West Nile Virus Season Hits Record Early Start

The United States is currently experiencing its earliest recorded West Nile virus season, with infection rates climbing to levels not seen since 2004. As human cases surge, health officials warn that the peak of the mosquito-borne threat typically arrives in August, leaving a narrow window for preventative action.

Rackspace Faces Class Action Lawsuit Over AI Strategy Disclosures

Investors who purchased Rackspace Technology, Inc. securities between May 7 and July 8, 2026, are now eligible to join a securities fraud class action. The lawsuit, filed in the Southern District of New York, centers on allegations that the company misled shareholders regarding the financial impact of its enterprise AI transition.