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Company News for July 16, 2026

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  • PayPal Holdings, Inc. (PYPL - Free Report) shares surged 17.2% after a Reuters report said that Stripe and Advent International are planning a $53 billion take-private acquisition of the company.
  • The Progressive Corporation (PGR - Free Report) shares plunged 9.4% after the company reported second-quarter 2026 revenue of $23.01 billion, missing the Zacks Consensus Estimate by 0.37%.
  • Cintas Corporation (CTAS - Free Report) shares rose 4.4% after the company reported fourth-quarter 2026 earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.24 per share.
  • The Bank of New York Mellon Corp. (BNY - Free Report) shares rose 5.1% after the company reported second-quarter 2026 earnings of $2.46 per share, beating the Zacks Consensus Estimate of $2.2 per share.

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