Stepan Company reported a 102% increase in Q2 2026 net income to $22.9 million, driven by higher sales volumes, margin recovery, and efficiency gains from Project Catalyst. Adjusted EBITDA rose 45% year-over-year to $74.4 million, supported by strong growth in Surfactants and Polymers segments. The company plans to reduce its global salaried workforce by about 100 positions as part of ongoing restructuring efforts, expecting full-year charges of $75-$80 million. Despite market uncertainties, Stepan expects full-year adjusted EBITDA growth, positive free cash flow, and reduced debt in 2026.
As investors approach mid-year portfolio reviews in August 2026, four Vanguard ETFs stand out for building a diversified equity base with low fees: Vanguard Information Technology ETF (VGT) for tech exposure, Vanguard Total Stock Market ETF (VTI) as ...
In August 2026, with the 10-year Treasury yield at 4.63%, three monthly-pay REITs stand out for retirement investors seeking income: Realty Income, AGNC Investment, and EPR Properties. Realty Income provides scale and consistent monthly dividends bac...
Selkirk Copper Mines and the Municipality of Skagway have initiated a scoping study funded up to US$200,000 to explore safe and sustainable methods for shipping critical mineral concentrates through the Port of Skagway. The study, conducted by KPFF C...
Madison Air Solutions announced it will acquire German airflow technology leader ebm-papst for $5.4 billion, nearly doubling its addressable market and expanding its commercial and service segments. The acquisition adds advanced electronically commut...
Mining Americas Inc. announced Q2 2026 results with $32.6 million revenue, 8,217 ounces of gold produced, and adjusted net income of $6.5 million. The Pan mine ramped up production and is on track to meet its 2026 guidance of 32,000-38,000 ounces of ...
