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Economy

Companies

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Sandoz agrees to $450 million settlement over US antitrust claims

The pharmaceutical company will pay to resolve allegations of generic drug price manipulation.

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GameStop to exchange $1.4 billion in debt for equity

The company aims to reduce long-term debt through private agreements without cash expenditures

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Apple accounts for 49% of global smartphone revenues in Q2 2026

High demand for the iPhone 17 series drives Apple's revenue growth amid rising average selling prices.

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Daiwa net income reaches 13-year high driven by equities surge

The company's quarterly profit rose 81% as base income exceeded mid-term targets.

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Bithumb targets 2028 IPO with multi-year roadmap

The South Korean crypto exchange plans to request a preliminary listing review in 2027.

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Atari reports highest annual revenue in over a decade

The Paris-based developer achieved €56 million in revenue for the fiscal year ending March 31, 2026.

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TotalEnergies to acquire Shell's onshore renewable portfolio in Europe

The deal includes solar, wind, and battery storage assets, with a stake being sold to KKR.

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Novo Nordisk and Eli Lilly Obesity Drug Rivalry Intensifies Ahead of Financial Results

The Danish drugmaker sees a share rebound from March lows and oral Wegovy prescription lead despite recent setbacks.

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Malayan Banking Nears Deal to Buy Ageas Stake in Etiqa

The acquisition would allow Malaysia's largest lender to take full ownership of the Southeast Asian insurer.

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Prysmian in Advanced Talks to Acquire US Electrical Maker Atkore

The potential acquisition of the US-based manufacturer by the Italian group is currently in the advanced stages of negotiation, according to sources familiar with the process.

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Toyota expected to post fifth straight profit drop; Japan quake adds risk

Analysts expect operating profit to fall 5% in the April-June quarter as hybrid demand fails to offset losses in China, the Middle East and other markets.

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Brookfield Renewable reports record results and expands nuclear and battery focus

The corporation is pivoting toward integrated energy solutions and a corporate simplification by late 2026.

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Baytex Energy raises full-year production outlook after strong second quarter

The company reported production above guidance and increased its annual target to 71,000 BOE/d.

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Regional Management Corp. reports Q2 earnings and bank partnership growth

The company expanded into Florida and highlighted shifts in its auto-secured portfolio.

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Agree Realty raises 2026 investment and AFFO guidance

Record second-quarter investment activity driven by $451 million in retail net-lease acquisitions

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nVent Electric raises organic sales guidance amid AI data center growth

The company expects total data center sales to reach $2 billion in 2026 as infrastructure exposure increases.

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OFS Capital reports Q2 2026 earnings with EPS beat and revenue miss

The company's second-quarter results showed earnings exceeding estimates while revenue fell short of expectations.

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AstraZeneca and Bristol Myers Squibb in merger discussions, FT reports

The potential deal would create a pharmaceutical entity valued at approximately $400 billion.

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Boot Barn Q1 sales rise 17.7% to $593.5 million

Footwear retailer exceeds prior guidance and raises full-year outlook

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Portland General Electric misses Q2 2026 estimates

The utility company's second-quarter results fell short of projected figures.

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Ballard Power Systems reports Q2 2026 earnings miss

Revenue and earnings for the company fell short of market estimates.

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Cousins Properties exceeds Q2 2026 estimates and raises outlook

The real estate firm reported quarterly results above expectations and adjusted its future guidance.

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Medacta Group SA maintains 2026 outlook amid revenue rise

The company reported a 9.7% increase in first-half revenue during its sales and trading statement call.

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Cavco Industries reports record revenue for Q1 2026

The earnings call transcript report contains conflicting information regarding the fiscal period.

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RBC Bearings exceeds Q1 2027 forecasts on strong demand

The company reported performance surpassing earlier expectations during its quarterly earnings call.

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Coveo Solutions reports Q1 FY’27 results as stock slips 2.7% on revenue miss

The company announced it has secured its first customer worth $10 million.

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Franklin Templeton beats Q3 2026 revenue estimates

Franklin Resources, Inc. held its third-quarter earnings call.

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Cameco projects nuclear growth despite second quarter earnings miss

The corporation's Q2 2026 presentation highlights sector expansion amidst financial results falling short of expectations.

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First Business Financial Services exceeds Q2 2026 estimates

The company's second-quarter financial results surpassed market expectations.

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Enel Chile reports $272 million net income for first half of 2026

Earnings growth follows increased capital investment in renewables and battery storage despite lower hydro generation.