BCO News & Events

The major averages were broadly higher near noon to close out the second quarter as traders continue to monitor oil prices amid tensions in the Middle East. The S&P 500 and Nasdaq are coming off a rebound session, while the Dow recently pushed above the 52,000 level. Despite geopolitical tensions, an oil-price shock earlier in the quarter, and persistent inflation concerns, major indexes are still on track for one of their strongest quarterly performances in years.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Patrick Industriesand LCI Industriesin an all-stock mergerDigital Realtyin three data centers from Blackstonefor $7.8BAeroVironmentreportedand provided upbeat FY27 guidanceAnthtropicfor Amazon Bedrockand Google Cloudand announced general availability of Claude models in Microsoft FoundryNCR Atleosand Brink'sshareholdersBrink's previously announced acquisition of NCR Atleos2. WALL STREET CALLS:Deutsche Bank and RosenblattComcastto BuyOppenheimerGoldman Sachsand Morgan Stanleyto UnderperformBofAOlinto Underperform from BuyBMOReplimuneon higher chances of FDA approvalPiperBlockwith $100 target after analyst transfer3. AROUND THE WEB:Williamsis in advanced talks to acquire Momentum Midstream for about $5.5B from EnCap Flatrock Midstream, Bloomberg reportsFerrariand BMWare releasing new models using lightweight aluminum wiring, shifting away from using copper, Reuters saysComponent and supplier lists, and photos of iPhone 18 Pro models, are among files a ransomware group stole from Apple'sIndian supplier Tata, Reuters reportsWaymo'srobotaxis are no longer available on Uber'sapp in Phoenix, Arizona, TechCrunch saysEchoStar'sDish DBS is preparing to file for bankruptcy after struggling with $25B in debt and years of subscriber losses, WSJ reports4. MOVERS:Abivaxincreases in New York after announcing results fromAevexgains after securing a $50MRezolve AIhigher in New York after its board of directors approved aSable Offshorelower after announcing a $100M stock and $300MNuvectis Pharmafalls after announcing a5. EARNINGS/GUIDANCE:Concentrixand cut its guidance for FY26General Millson July 1FactSeton July 1Progress Softwareon June 30MSC Industrialon July 1INDEXES:Near midday, the Dow was up 0.22%, or 117.39, to 52,300.13, the Nasdaq was up 1.21%, or 312.58, to 26,132.72, and the S&P 500 was up 0.61%, or 45.50, to 7,485.93.

The Brink's Company (BCO) and NCR Atleos Corporation (NATL) announced that Brink's shareholders and NCR Atleos' stockholders overwhelmingly voted to approve Brink's previously announced acquisition of NCR Atleos at special meetings held earlier today. These approvals represent a significant milestone toward the completion of the transaction, whereby Brink's will acquire NCR Atleos and bring together the two companies' complementary products, services and software to provide an even broader set of solutions for financial institutions and retail customers. The transaction has also received clearance under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close by the end of the first quarter of 2027, subject to satisfaction of the remaining regulatory approvals and other customary closing conditions.

Sees Q2 revenue $1.37B-$1.43B, consensus $1.4B. Sees Q2 adjusted EBITDA $245M-$265M. Comments taken from investor presentation slides.

Sees AMS/DRS organic revenue growth in mid-to-high teens, with adjusted EBITDA margin expansion of 30-50bps and free cash flow conversion of 40%-45%.