Companies & Markets
Company results, major corporate transactions, market-moving developments and economic decisions.
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Tata Steel Q2 Profit Rises as Deliveries Hold Steady
Revenue reached ₹65,436 crore, up 11.5% year on year, in the July–September quarter, Tata Steel reported.
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Fox Completes Roku Acquisition
Fox said Roku will join its FOX Digital Platforms division, which also includes Tubi, FOX One and other digital services.
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Asian and European Stocks Fall After US Sell-Off
Japan’s Nikkei 225 fell 5.7% and South Korea’s Kospi dropped 7.4%, according to the Associated Press.
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Nasdaq Falls 5.5% as US Technology Shares Decline
Charles Schwab put the Nasdaq about 12% below its October 6 record, beyond the 10% threshold for correction territory.
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Bank of England Raises Bank Rate to 4%
The MPC’s November forecast put CPI inflation near 5% by mid-2027, then declining as energy-price effects diminish.
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AMD Q3 Revenue Rises 45% as Data Center Sales Grow
AMD’s fourth-quarter revenue guidance is approximately $17 billion, with a range of 3% above or below that figure.
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EU Gives Conditional Approval to CECONOMY Acquisition
The Commission said JD.com must offer third-party retailers warehousing, logistics and technology services on terms matching CECONOMY’s.
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Kimberly-Clark Completes Kenvue Acquisition
Kimberly-Clark estimates the integration program will incur $3.1 billion in pre-tax charges through its expected completion in 2029.
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Indivior and Supernus Complete Merger of Equals
Trading under the SUPN symbol was scheduled to begin on Nasdaq Global Select Market on November 3.
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Aramco Completes Acquisition of 49% Stake in HUMAIN
Aramco’s contribution includes SAR 9.9 billion in cash to HUMAIN during 2026, alongside AI, computing and digital assets.
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Hexagon Completes Acquisition of Waygate Technologies
Waygate brings imaging, radiography, ultrasound and remote visual inspection businesses into Hexagon’s Manufacturing Intelligence unit.
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nVent Raises 2026 Outlook As Quarterly Sales Rise 44%
nVent reported $1.515 billion in third-quarter sales for the period ending September 30, up 44% year over year.
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Tech Shares Fall in Asia as US Government Bonds Rise
Reuters reported Alphabet’s October 29 shares fell 12.6%, with its market value down about $500 billion.
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Intel Revenue Outlook Falls Below Analyst Estimate
Intel expects the PC market slowdown to continue through at least the first half of 2027, CFO David Zinsner said.
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BYD Quarterly Profit Rises 28% but Misses Estimates
BYD reported RMB221.58 billion in inventories at September 30, up about 60% from year-end 2025; the company cited overseas automotive business growth as the main factor.
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Alphabet Revenue Rises 25% as Quarterly Profit Falls
Google Cloud revenue rose 103% year over year to $30.7 billion in the quarter ended September 30, 2026.
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Guidewire Signs $1.7 Billion Hyperexponential Deal
Guidewire expects the proposed purchase to close in its fiscal 2027 second quarter, ending January 31, 2027.
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Skydance Offers Buyouts, Plans Five-Day Office Week
The one-time offer is open to qualifying staff at the combined company, with no target set for how many employees may accept.
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Anthropic Files Public S-1 for Proposed IPO
The prospectus reports $16.3 billion in revenue for the first half of 2026, compared with $1.2 billion a year earlier.
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First Hawaiian Lowers 2026 Loan-Growth Outlook
First Hawaiian reported $14.5 billion in gross loans and leases at September 30, down $115.1 million from the prior quarter.