Lockheed Martin Posts Record $292B Backlog, Raises 2026 Outlook
Lockheed Martin reported Q3 2026 sales of $20.7B, up 11%, driven by a record $292B backlog and PAC-3 interceptor awards, raising full-year profit guidance.
Portfolio Rebalancing: Calendar vs. Threshold Bands Explained
Learn how portfolio rebalancing restores target asset allocation, controls risk drift, and minimizes taxes using calendar rules and tolerance bands.
TeraWulf Upsizes Credit Facility to $400M, Drops LC Sublimit
TeraWulf expanded its senior secured credit facility to $400 million with Morgan Stanley, adding a $150 million accordion and lifting letter of credit caps.
American Express Posts Record $20.1B Q3 Revenue, Raises 2026 Guidance
American Express posted record Q3 2026 revenue of $20.1B and raised full-year EPS guidance to $18.30–$18.60 on strong cardholder spending and credit quality.
Rights Offerings Explained: Subscription Ratios and TERP Math
Learn how rights offerings work, how subscription ratios and theoretical ex-rights price (TERP) protect shareholder value, and the cost of expiring unexercised.
CRH Closes $8.5B Arcosa Acquisition: Cash, Debt, Delisting
CRH completes its $8.5B acquisition of Arcosa for $150 cash per share, drawing on $5.75B in bank facilities as Arcosa repays debt and delists from the NYSE.
Why Humana and UnitedHealth Are Dropping 1M Medicare Members
Humana and UnitedHealth are dropping Medicare Advantage plans for nearly 1M seniors. Here is how insurers are shedding members to protect profit margins.
Price Return vs. Total Return: How Reinvestment Shapes Wealth
Understand the difference between price return and total return, how dividend reinvestment compounds over time, and the tax drag in taxable brokerage accounts.
Blackstone Credit Hits $480B as Q3 Earnings Reflect Exit Freeze
Blackstone Q3 2026 Credit & Insurance AUM hit $480B as total assets reached $1.37T, while distributable earnings fell 9% on slower private equity exits.
Western Digital Q1 Gross Margin Hits 58% on AI Cloud Storage
Western Digital posted Q1 FY27 revenue of $4.38B as gross margin surged to 58.1% on cloud storage demand, lifting free cash flow to $1.38B.