Business — Page 22

Revenue reached $211.96 million, while the company kept its 2026 average net production guidance at 44,000 to 47,000 barrels of oil equivalent per day.

The payment is scheduled for Dec. 1 to shareholders of record Nov. 16.

Huntsman expects the Olin merger to close in early 2027. CEO Peter Huntsman also expects 2026 EBITDA to improve by more than $100 million from 2025.

The third increase in less than a year applies to economy passengers. The highest fee is for bags paid within 24 hours of departure.

The spending is aimed mainly at computing and infrastructure. Third-quarter revenue reached $16.8 billion, while growth eased to about 45%.

The company expects fourth-quarter revenue of $265 million to $295 million, excluding any contribution from its planned Lumibird Medical acquisition.

The option is available immediately. ENA also carries governance rights in the Ethena protocol.

The proposed combination with PTT Global Chemical values the businesses at 187 billion Thai baht; SCG Chemicals would hold 44%, with a shareholder vote set for Dec. 3.

Arvinas expects initial monotherapy data for ARV-6723 in the second half of 2027, while ARV-393 data are planned for a December hematology meeting.

The company committed $350 million to a royalty buy-down. CEO David Meeker cited $92 million in third-quarter revenue and called the U.S. launch an “excellent start.”

The 2027-2031 plan projects a 7.5% five-year compound annual rate-base growth rate using a constant U.S.-dollar-to-Canadian-dollar exchange rate and extends dividend-growth guidance through 2031.

The company also projected non-GAAP net income of $0.41 to $0.49 per diluted common share. Its CFO gave no firm date for operating expenses as a share of revenue to reach 40% or below.

Transocean has received the required regulatory approvals and plans to pursue an estimated $200 million in annual synergies after closing.

The approximately $2.8 million contract is included in XTEND’s preliminary revenue estimate of $24.5 million to $26.5 million for the first nine months of 2026.

The company now expects deliveries to decline moderately, compared with its previous forecast of a slight decline.

The company expects adjusted EBITDA to remain roughly flat year over year as it raises investment in AI, technology infrastructure and travel services.

The 36-month goal is separate from Liberty Global’s previously reported Q2 2027 target to spin off Ziggo Group.

BTC spent by Stacks miners during block production funds the rewards.

The trust sold 1359 Broadway for $217.5 million and repurchased $85.8 million in shares at an average price of $4.56.

The company also gave 2026 funds from operations guidance of $0.97 to $0.99 per share and said its acquisition underwriting is unchanged.

Its 2026 outlook calls for adjusted EPS of $8.10 to $8.40, revenue of $3.95 billion to $4 billion and an adjusted EBITDA margin of 17.25% to 17.5%.

The company expects to end 2026 below 1x leverage while funding acquisitions mainly with cash and retaining more cash to repay acquisition debt.

RioCan plans retail infill spending and is acquiring an East Hills stake, while maintaining its 4% to 4.5% forecast for commercial same-property net operating income growth.

Management says debt reduction will be the primary use of free cash flow after the fixed dividend and identified $140 million in annual deal synergies.

The Nov. 3 announcement extends an app introduced with a BNB Chain focus and gave no Solana-specific activity figures.

Redeemers reached a record 23.6 million, while third-party publishers accounted for 72% of revenue, up from 59% a year earlier.

Bessemer Venture Partners led the financing, with Nvidia, Sound Ventures, HOF Capital and T. Rowe Price participating.

The company completed its purchase of Econ for about $158.7 million on Oct. 27, using borrowings from its revolving credit facility.

The five-seat Luce starts at about $615,000, with first deliveries expected to begin in the fourth quarter.

Some leading platforms are acquiring specialized AI security, data integration and cloud tools to assemble broader offerings faster than in-house development.

The company narrowed its forecast range to $5.73 to $6.03 and raised its incremental capital spending opportunity to $850 million.

The midpoint remains $1.01 per diluted share as third-quarter home sales rose 29%.

The company also raised its drilling and completion spending outlook to $80 million-$90 million. Third-quarter production averaged 16,824 boe/d.

The initial test covers a select group of eligible advertisers, with placements tied in part to query relevance.

Apollo plans to spend about $350 million over 24 months to build new businesses. It also expects management fees to rise at least 15% next year.

The sale was expected to be split between U.S. dollars and euros. Meta projects 2026 capital expenditures of up to $145 billion.

GF Securities lowered its 2028 global AI accelerator spending forecast to $1.01 trillion. Four major U.S. technology companies have outlined $715 billion to $740 billion in combined 2026 capital spending.

The company posted $15 million in net income attributable to shareholders as adjusted operating earnings rose 8% to $28.8 million.

Management expects equipment financing to fund most of its 2027 growth. New data centers and GPU capacity can weigh on gross margins before utilization ramps up.

The Hub71 package included a 20% service discount and access to a $200,000 subsidy pool. The Gate review covered 10 digital assets.