Corporate updates: Fujitsu, Howmet Aerospace, and Cross Country Healthcare

Several corporate developments have impacted the business sector. Fujitsu reported a revenue increase to 779.38 billion yen for the quarter ending June 30, 2026, though net profit fell to 40.13 billion yen. The company plans to showcase AI technology and digital twin simulations, including evacuation modeling, at the CEATEC 2026 event in Chiba.

In the aerospace sector, Guggenheim issued a buy recommendation for Howmet Aerospace with a price target of $350.00, following a strong second quarter where engine product revenue rose 32% to $1.37 billion. The company raised its full-year 2026 revenue guidance to approximately $10.05 billion.

In healthcare, Community Health Systems received an underweight rating from Raymond James due to concerns regarding its $10.20 billion debt load and recent earnings that missed consensus. Meanwhile, Cross Country Healthcare has transitioned to private ownership following an acquisition by Knox Lane for $437 million. As part of the restructuring, All Star Healthcare Solutions acquired the Locums division.