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Company News for Sep 16, 2026

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  • Forgent Power Solutions, Inc.’s (FPS - Free Report) shares jumped 9.5% after reporting fourth-quarter fiscal 2026 adjusted earnings of 25 cents per share, beating the Zacks Consensus Estimate of 23 cents.
  • Shares of Skyworks Solutions, Inc. (SWKS - Free Report) surged 13.6% as CEO Philip Brace expressed confidence that the $22 billion Qorvo, Inc. (QRVO - Free Report) merger could close by late September or early October. QRVO’s shares advanced 9.3%.
  • Axon Enterprise, Inc.’s (AXON - Free Report) shares slipped 9.8% after announcing plans for a $1 billion debt issuance, adding to investor concerns over borrowing costs.
  • Shares of Valero Energy Corporation (VLO - Free Report) rose 3.7% as surging crude prices boosted energy stocks amid escalating Middle East supply concerns.

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