Business — Page 117

The potential proceeds are not earmarked for XRP purchases, and Evernorth retains discretion over their use.

Revenue reached $1.09 billion for the quarter ended Sept. 30. Organic residential growth was 2.3%, compared with 6.6% for commercial services.

Malone’s scenario included a global output agreement and a possible $8 billion to $10 billion SpaceX investment in Skydance; no deal terms or timetable have been announced.

CEO Haviv Ilan expects robotics activity to ramp in 2027, but TI has not estimated how many humanoid robots will be built.

Advertising impressions rose 10% and average prices increased 14%, while a $9.89 billion legal charge cut operating margin in half.

Payment volume grew nearly 200% year over year, but the figures do not show adoption of Euronet and Fireblocks’ separate card plans.

Intermodal volume rose 7%, and operating income gained 25% against adjusted year-earlier results.

Mattel announced Lee Matheson’s board appointment on Oct. 21 under a cooperation agreement covering voting, standstill and confidentiality terms.

Research and development expense rose 69% to $2.761 billion, while revenue was nearly flat year over year at $28.046 billion.

Sales rose 8% to $586.4 million. Adjusted diluted earnings were 81 cents per share, and Graco projected fourth-quarter revenue of $610 million to $640 million.

The tender covers three freight lines under 50-year concessions, with offers due Nov. 11.

The Series A came nine months after a $180 million seed round and carries a reported $6 billion valuation.

Operating income was $12.988 billion for the quarter ended Sept. 30, and would have been $22.88 billion without the charge.

Shareholders of record at the close of business Nov. 2 are scheduled to receive the payout Dec. 1.

An Oct. 15 fleet snapshot counted 639 Starlink-equipped aircraft, serving nearly half of United's daily departures.

The deal includes more than 450 employees and a maker of heat-transfer equipment used in data centers and other facilities.

Adjusted funds from operations per share rose 11% to $1.24, while the new site-rental revenue midpoint remains 4% below 2025.

The non-GAAP measure was $0.23 per diluted share, after a $46,000 loss on the same measure in Q2.

The board approved the distribution Oct. 21, and the company lists an annualized rate of $0.24 per share.

Third-quarter revenue rose about 37% year over year to $231.7 million, while net loss narrowed to $4.1 million.

Net income attributable to common stockholders reached $72.2 million. The updated forecast includes a $1.10-per-share contribution from a hospitality joint-venture sale.

Shareholders of record Nov. 30 will be eligible for payment. Third-quarter net income rose to $5.151 million from $2.991 million a year earlier.

Merger expenses were $2.5 million, while deposits climbed 17.1% from June 30 to $2.87 billion, primarily reflecting the acquired business.

The $0.08 quarterly dividend is payable Nov. 9 to stockholders of record Oct. 30. Nonperforming and classified loans both declined from the prior quarter.

Revenue reached $87.794 million, up 13% from a year earlier, while net income available to common shareholders totaled $26.985 million.

The payout matches the $0.50-per-share amounts Lazard declared for its three earlier quarterly dividends in 2026.

The payout is unchanged from prior quarters. Revenue fell in the second quarter, while revenue and net income rose for the first six months.

The company kept its 2026 outlook unchanged, with $9.8 million in customer billings and $819.8 million in quarter-end liquidity.

The $0.4375 payment is scheduled for Dec. 4, 2026, for shareholders of record Nov. 10, 2026.

Founded in Edmonton in 1995, the studio joined Electronic Arts in 2007 and developed the Mass Effect and Dragon Age series.

Southwest now expects adjusted earnings of $2.60 to $2.85 per share in 2026 and 55 cents to 80 cents per share in the fourth quarter.

Adjusted earnings topped expectations even as revenue came in slightly below forecasts. No merger agreement has been reached.

Net interest and noninterest income totaled $685.429 million, while loans and deposits each grew at a 9% annualized pace.

Net income reached $24.246 million in the third quarter, while nonperforming assets rose to $166 million, or 1.75% of total assets.

The company projects about $10.09 billion in revenue and $3.345 billion in adjusted EBITDA for 2026.

The Fremont operation is in an early ramp with no disclosed output capacity, while operating expenses rose 39%.

Super Micro expects $18.5 billion to $19.5 billion in revenue and 12% to 12.5% gross margin for the quarter ended Sept. 30.

The Sept. 28 round names Sequoia Capital, Benchmark Capital and Coatue as investors; Instinct’s personal assistant remains in early access.

The company raised its 2026 wafer-fab-equipment spending outlook to the mid-$150 billion range and gave a preliminary outlook above $200 billion for 2027.

Meta raised the low end of its 2026 capital spending range to $135 billion and kept the $145 billion ceiling.