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Rocket Companies Q2 Adjusted Earnings, Revenue Rise; Shares Fall After Hours

Rocket Companies (RKT) reported Q2 adjusted earnings late Thursday of $0.16 per diluted share, up from $0.04 a year earlier.Analysts polled by FactSet expected $0.16.Revenue in the three months ended June 30 rose to $2.78 billion from $1.45 billion a year ago.Analysts projected $2.81 billion.The company expects Q3 adjusted revenue of $2.5 billion to $2.7 billion. Analysts project $2.86 billion.Rocket's shares fell 10% in after-hours trading.

$RKT

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Top Cryptocurrencies Fall; Bitcoin Holds Above $64,000 Level

Top cryptocurrencies were lower Thursday, with Bitcoin down but still holding above the $64,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 1.3% in the past 24 hours. The Nasdaq 100 lost 0.4%, the S&P 500 declined 0.2%, and the Dow Jones Industrial Average decreased 0.9%.Bitcoin fell 0.7% to $64,361, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume dropped 16.3% to $19.59 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, declined 0.6% to $1,906.XRP (XRP-USD) lost 3.3%, BNB (BNB-USD) fell 1.7%, and Solana (SOL-USD) declined 2.2%. Dogecoin (DOGE-USD) dropped 2.2%, and Cardano (ADA-USD) surged 7.2%.The total market value of the cryptocurrency industry fell 0.8% in the past 24 hours to $2.18 trillion, with trading volume declining 8.9% to $52.78 billion.Price: $64357.87, Change: $-244.45, Percent Change: -0.38%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD

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Smith-Midland Wins $10 Million Virginia Transportation Contract

Smith-Midland (SMID) said Thursday it has secured a $10 million contract to provide precast concrete products for Virginia Department of Transportation improvements along Interstate 81 near Roanoke.For the project, the company will manufacture and supply precast concrete sound wall, retaining walls components, and pre-stressed concrete columns from mid-2027 through 2029.Shares rose around 2.2% in afternoon trading.Price: $28.51, Change: $+0.60, Percent Change: +2.15%

$SMID

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Update: Celestica Shares Fall After $3 Billion Equity Offering Priced

Celestica (CLS) shares fall 13% in Thursday trading, a day after the company priced an offering of 9.68 million common shares at $310 each, generating an expected $3 billion in gross proceeds.Underwriters have a 30-day overallotment option to purchase up to 1.45 million additional shares.Celestica expects the offering to close around Friday and plans to use the net proceeds for working capital, capital-expenditure investments, and other general corporate purposes.Price: $315.92, Change: $-46.85, Percent Change: -12.91%

$CLS

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Update: Unity Software Shares Gain After Q2 Adjusted Earnings, Revenue Rise

(Updates with the company's latest stock move in the headline and first paragraph.)Unity Software (U) shares were up 16% in Thursday trading after the company reported higher adjusted earnings and revenue for Q2.The company reported Q2 adjusted earnings of $0.28 per share, up from $0.18 a year earlier.Analysts surveyed by FactSet expected $0.25.Revenue for the quarter ended June 30 was $546.5 million, up from $440.9 million a year earlier.Analysts expected $514.7 million.The company expects Q3 strategic revenue of $540 million to $550 million, it said.Price: $41.18, Change: $+5.71, Percent Change: +16.10%

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Update: Encompass Health Q2 Adjusted Earnings, Revenue Rise; Lifts 2026 Guidance

(Updates with share moves in eighth paragraph).Encompass Health (EHC) reported Q2 adjusted earnings late Wednesday of $1.55 per diluted share, up from $1.40 a year earlier.Analysts polled by FactSet expected $1.48.Revenue for the three months ended June 30 was $1.60 billion, up from $1.46 billion a year earlier.Analysts expected $1.57 billion.For full-year 2026, the company now expects adjusted EPS of $6.02 to $6.25 on revenue of $6.41 billion to $6.49 billion, up from its prior guidance for adjusted EPS of $5.89 to $6.11 on revenue of $6.38 billion to $6.47 billion.Analysts expect $6.00 and $6.42 billion, respectively.Also, the company said its board has approved an increase in the aggregate common stock repurchase authorization to $1 billion.Shares rose nearly 13% in Thursday afternoon trading.Price: $125.27, Change: $+14.37, Percent Change: +12.96%

$EHC

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Northwest Natural Shares Rise After Wells Fargo Upgrade

Northwest Natural (NWN) shares rose 2.2% in Thursday afternoon trading after Wells Fargo upgraded the stock to equal weight from underweight.Trading volume stood at nearly 168,000 shares, compared with a daily average of about 277,000.Price: $50.44, Change: $+1.10, Percent Change: +2.23%

$NWN

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Marriott International Keeps Quarterly Dividend at $0.73 a Share, Payable Sept. 30 to Holders of Record Aug. 20

$MAR

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Eli Lilly's Incretin Performance Supports Long-Term Growth, Truist Says

Eli Lilly and Company's (LLY) strong incretin performance supports its long-term growth outlook, though pricing dynamics and one-off events could temper revenue growth in the second half of 2026, Truist said in a Thursday note.The brokerage said Lilly's commercial contracting strategy should continue allowing pricing concessions that are more than offset by volume gains.It also said the US incretin portfolio still has room to grow, supported by the Medicare Bridge program, expanded formulary access through CVS Caremark and increased direct-to-consumer marketing.Truist expects Lilly's 2026 revenue to reach $87.3 billion, above the company's $85 billion to $87 billion guidance range.The investment firm said Lilly's full-year guidance appears conservative given strong second-quarter incretin volume growth and initiatives including broader commercial coverage, Medicare expansion and international market penetration.Truist reiterated its buy rating on the stock and raised its price target to $1,376 from $1,370.Price: $1187.15, Change: $+17.29, Percent Change: +1.48%

$LLY

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SLB, Equinor Sign Multi-Year Reservoir Stimulation Deal for Norwegian Continental Shelf

SLB (SLB) and Equinor (EQNR) signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf, including a major upgrade of the MV Island Captain well stimulation vessel, the companies said Thursday.The upgrade will convert the vessel into a fully proppant-capable stimulation vessel with expanded proppant storage, advanced handling and blending systems, increased pumping capacity, and an optimized deck layout.The vessel will be able to carry up to 2 million pounds of proppant for high-intensity offshore stimulation treatments, the companies said.The companies said the agreement secures dedicated capacity to support development of tight offshore reservoirs and help maximize recovery from future wells.Price: $52.03, Change: $+2.12, Percent Change: +4.24%

$EQNR$SLB

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Chesapeake Utilities Keeps Quarterly Dividend at $0.735 a Share, Payable Oct. 5 to Shareholders of Record Sept. 14

$CPK

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Emergent BioSolutions Shares Plunge After 2026 Guidance Cut, Restructuring

Emergent BioSolutions (EBS) shares fell 31% in Thursday trading after the company cut its full-year guidance and announced an organizational restructuring plan.The company reported Q2 adjusted earnings late Wednesday of $0.60 per diluted share, up from $0.24 a year earlier.Two analysts surveyed by FactSet expected a loss of $0.09.Revenue for the quarter ended June 30 was $234.3 million, up from $140.9 million a year earlier.Two analysts expected $177.5 million.For 2026, the company lowered its revenue guidance to $645 million to $675 million from the prior forecast of $720 million to $760 million. Two analysts expect $693.1 million.Also, the company disclosed a restructuring plan, that will lead to reduction of approximately 90 roles, eliminate 21 positions that are currently vacant, and closure of its wet laboratories in Gaithersburg, Maryland. The company also plans to eliminate the role of chief medical officer, head of research and development.Price: $5.17, Change: $-2.38, Percent Change: -31.50%

$EBS

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Motorcar Parts of America Extends Credit Facility

Motorcar Parts of America (MPAA) has extended the maturity date of its $238.6 million revolving credit facility to August 2031, the company said Thursday.The amended facility, which is led by PNC Bank NA, includes enhancements that provide working capital flexibility, liquidity, and other favorable terms, the company said.Price: $13.53, Change: $-0.35, Percent Change: -2.52%

$MPAA

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Update: MACOM Shares Rise After Q3 Results Beat, Guidance

(Updates with recent stock movement in headline and first paragraph.)MACOM Technology Solutions (MTSI) shares were up over 13% in afternoon trading on Thursday following better-than-expected fiscal Q3 results and Q4 guidance.Earlier, the company reported an adjusted earnings of $1.40 per diluted share, up from $0.90 a year earlier.Analysts polled by FactSet expected $1.35.Revenue for the quarter ended July 3 was $342.2 million, up from $252.1 million a year earlier.Analysts expected $335.5 million.The firm said it expects fiscal Q4 revenue of $415 million to $425 million and adjusted EPS of $1.97 to $2.03. Analysts expected $378.5 million and $1.67, respectively.Price: $299.47, Change: $+36.01, Percent Change: +13.67%

$MTSI

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Update: Market Chatter: PayPal CEO Weighs Assigning Revenue Targets for 3 Main Units

(Updates with the company's response in the third paragraph.)PayPal (PYPL) CEO Enrique Lores plans to break out company results and assign revenue targets for its three main businesses, to give investors a clearer picture of each unit's potential, Bloomberg reported Wednesday, citing an interview.Lores said that the goal is to increase earnings per share by a percentage in the double digits, "supported by positive transaction margin growth over time," according to the report.A spokesperson for PayPal declined to comment on the Bloomberg report, and said that the company's intention to shift to segment reporting has been flagged by Chief Financial and Operating Officer Jamie Miller during Q1 earnings call in May.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $59.34, Change: $+1.41, Percent Change: +2.43%

$PYPL

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Chemed Raises Quarterly Dividend to $0.70 a Share, Payable Sept. 3 to Shareholders of Record Aug. 17

$CHE

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Artesian Resources Keeps Quarterly Dividend at $0.3199 a Share, Payable Aug. 28 to Holders of Record Aug. 17

$ARTNA

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Update: Fox Shares Rise After Fiscal Q4 Adjusted Earnings, Revenue Beat Estimates

(Updates with the latest stock price movement in the headline and first paragraph.)Fox (FOX, FOXA) shares rose 5.1% in Thursday trading after the company reported fiscal Q4 adjusted earnings and revenue that increased from a year earlier and exceeded Wall Street expectations.The company reported fiscal Q4 adjusted earnings Thursday of $1.79 per diluted share, up from $1.27 a year earlier.Analysts surveyed by FactSet expected $1.42.Revenue for the quarter ended June 30 was $4.21 billion, up from $3.29 billion a year ago.Analysts expected $3.64 billion.The board increased the semi-annual dividend to $0.29 per share from the prior dividend of $0.28. The latest dividend is payable Sept. 23 to shareholders of record on Sept. 2.Price: $54.87, Change: $+2.67, Percent Change: +5.11%

$FOX$FOXA

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Ecolab Keeps Quarterly Dividend at $0.73 a Share, Payable Oct. 15 to Holders of Record on Sept. 15

$ECL

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CACI International Likely to See Strong H2 in Fiscal 2027, Truist Says

CACI International's (CACI) fiscal Q4 results demonstrate "good visibility" into a potentially strong H2 of fiscal 2027, Truist Securities said Thursday.Truist pointed to a 29% year-over-year increase in funded backlog, as well as a jump in submitted bids under evaluation to $11 billion from $4 billion last quarter.CACI remains Truist's top pick in the government services group after the company issued above-Street fiscal 2027 guidance, according to the note.Truist said CACI's mix shift toward higher-margin mission technology work, including electronic warfare and space, supports its case for a premium multiple, and cited the recent ARKA acquisition's role in winning a classified counter-space contract as an early sign of the deal's value.Truist reiterated a buy rating and $800 price target.Price: $644.02, Change: $+125.99, Percent Change: +24.32%

$CACI

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