On August 8, major companies in the healthcare and insurance sectors reported strong financial results, with McKesson raising its full-year earnings outlook after exceeding fiscal first-quarter expectations. MetLife saw a 15% increase in adjusted earnings to $1.6 billion, while Manulife Financial reported double-digit growth in insurance sales and a new reinsurance deal. Other firms, including Magnolia Oil & Gas and Miami International, achieved record production and revenue performance. These positive results reflect stability and growth across diverse industries, driven by increased demand and operational efficiency.
Archer Aviation enters an all-stock deal for three Boeing subsidiaries as Upwork and ACV Auctions report revenue beats for the second quarter.
Read the full storyWestlake returns to profitability with $260 million net income, while Williams Companies sees growth in energy transmission.
McKesson raises its annual outlook following an earnings beat, while MetLife reports a 15% year-over-year increase in Q2 adjusted profits.