Regal Rexnord reported a 4.2% increase in Q2 2026 sales to $1.56 billion and a 46.7% jump in GAAP net income to $116.8 million, driven by strong order growth and tariff refund benefits. Adjusted EBITDA rose 11.2% to $366.6 million, including a $32 million IEEPA tariff refund. The company narrowed its 2026 EPS guidance to $5.42-$5.92 GAAP and $10.35-$10.85 adjusted, factoring in tariff refunds. CEO Aamir Paul highlighted growth opportunities in eVTOL, robotics, and data centers, while CFO Rob Rehard noted solid sales momentum despite some market headwinds. Regal Rexnord expects to reduce net debt ratio below 3.0x in H2 2026.
The Ethereum Foundation has published ratings for 62 Ethereum Improvement Proposals (EIPs) ahead of the planned Hegotá network upgrade, based on 397 assessments from about 60 protocol experts across nine teams. This evaluation helps prioritize which ...
Malone Lam, a 22-year-old Singaporean, is set for a plea hearing in Washington D.C. over a $245 million Bitcoin theft from August 2024, the largest crypto-asset theft against a single victim in US history. Prosecutors accuse Lam and 17 others of cons...
Ethereum surged 41% in August, rising from $1,820 to $2,567, supported by $1.736 billion inflows into spot ETFs. Recently, ETH has traded in a range near $2,380-$2,530, close to a key April resistance at $2,466, signaling possible distribution. Howev...
EverBank Financial Corp and WaFd, Inc. have agreed to merge, combining their banking operations to form a larger, more profitable institution. The merger will result in WaFd, Inc. being the surviving entity, renamed EverBank Financial Corp, and tradi...
Boyaa Interactive, a Hong Kong-listed gaming company, purchased an additional 115 Bitcoin, increasing its total holdings to approximately 4,316 BTC. This move places Boyaa as the 22nd largest public company Bitcoin holder worldwide. The company acqui...
