Why Did FISV, FOX, LDOS Stocks Plunge To 52-Week Lows Today?

CCS approved the merger of Analogic and Leidos' security businesses, citing global competition and buyer power. The combined entity will supply explosive detection systems and services. CCS noted potential market entrants and existing rivals as constraints on the merged firm's market power.

Singapore's competition regulator approved Analogic Corp.'s acquisition of Leidos Inc.'s Security and Automation businesses, citing no substantial competition concerns. The regulator noted existing suppliers, potential entrants, and competitive tenders would maintain market pressure.

Curtiss-Wright Corporation received $40M in contracts from Leidos Holdings to supply electromechanical actuation and mission computing for the U.S. Army's Indirect Fire Protection Capability Increment 2 (IFPC Inc. 2) system. The contracts involve Curtiss-Wright's Aerospace & Industrial and Defense Electronics segments.

Curtiss-Wright has secured $40 million in contracts from Leidos. The company also expanded its 2026 share repurchase program by $100 million. Curtiss-Wright's stock is currently trading at $578.32, with a 5-day change of -3.03% and a year-to-date change of -5.90%.

Curtiss-Wright has secured $40 million in contracts from Leidos for the U.S. Army's Indirect Fire Protection Capability program, providing electromechanical actuation and mission computing solutions. The company made forward-looking statements about the program's success and future opportunities, acknowledging potential risks and uncertainties.

Fiserv (FISV) reported Q2 revenue of $4.96B, down 4.5% YoY, missing estimates. EVERTEC (EVTC) saw 19.7% YoY revenue growth, beating estimates. Shift4 (FOUR) grew 34% YoY but missed guidance. Jack Henry (JKHY) beat estimates with 6.6% YoY growth. Payment processor stocks are down 4.8% on average post-earnings.