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7-Eleven owner Seven & i lifts first-half profit as fuel boosts its North American stores, and keeps its forecast
Fuel accounted for nearly all of the profit gain at 7-Eleven Inc., while system and advertising costs cut profit in Japan. Holding the forecast points to a weaker second half.
TSMC's third-quarter revenue hits a record NT$1.49 trillion after a 54.6% jump in September sales
Converted at the exchange rate TSMC used in its July forecast, the quarter came in about 2% above the top of the company's range. Profit and margins arrive with full results on Oct. 15.
Uniqlo owner Fast Retailing beats its profit forecast, raises its dividend to 850 yen and expects slower growth next year
Uniqlo grew fastest in North America and Europe during a fifth straight record year, while a cool, wet summer hurt sales in Japan. The company now plans to pay out about half its profit.
LG Energy Solution earns more than twice what analysts expected, with a U.S. tax credit supplying over half the profit
Preliminary figures show the battery maker's highest quarterly sales ever. Without the U.S. credit, it would have earned 339.1 billion won, its first profit on that basis this year.
Samsung's quarterly operating profit tops 100 trillion won for the first time on demand for AI memory
Preliminary figures put July-September sales at about 195 trillion won. Profit came in slightly above forecasts that a stronger won had pulled down, and Samsung gave no breakdown by business.
Wolfspeed gets a conditional Pentagon loan offer of up to $1.5 billion that would pay off its costliest debt
The 30-year facility is not final. It needs signed agreements, government approvals and at least $750 million in outside money, and it would hand the government warrants for up to 7.5% of the company.
Applied Digital's revenue runs far past forecasts on tenant build-out work as rent from its AI data centers climbs
Fit-out work billed to tenants drove a 322% jump in revenue to $341.9 million. Rent from finished buildings rose by about half from the prior quarter, while interest costs pushed the net loss to $221 million.
Levi Strauss raises its profit forecast on tariff refunds as its direct sales stall
Quarterly earnings beat forecasts with a net 11-cent lift from refunded tariffs. Sales through the denim maker's own stores and website rose 2%, and comparable sales were nearly flat.
Regulators open a farm-equipment competition inquiry, and Deere, AGCO and CNH shares slide
The joint request targets dealer territories, repair access and retaliation across the industry. It accuses no one, but Deere, AGCO and CNH shares fell sharply.
Fed minutes: most officials saw another rate hike as likely by year-end
The record of the September meeting shows a committee united on its quarter-point increase and largely expecting another, with inflation risks seen tilted higher and the jump in bond yields not treated as a brake.
Canada's Weston family agrees to buy Boots for $8.9 billion, with Fairfax set to own half
The family behind Loblaw and Shoppers Drug Mart is buying the chain from Sycamore Partners, which keeps The Boots Group's businesses in Mexico and Germany. The deal needs regulatory approval and is expected to close early next year.
Porsche bets on fewer, pricier cars as it plans to shrink its workforce by a quarter
The sports-car maker says it can break even on fewer than 200,000 cars a year and wants higher prices on its top models. The targets are undated, and the shares gave up most of an early 5% gain.
Webull shares slide after House committee says its ties to China put U.S. investors at risk
The bipartisan panel says the broker's ownership, engineers and data flows run back to mainland China. The report is not a regulatory action, and Webull says it is wrong.
Energy Transfer Buys Vaquero Midstream for $2.6 Billion in Delaware Basin Bet
The $2.625 billion cash-and-stock deal adds Vaquero's 300-mile Delaware Basin gathering network and the 675 MMcf/d Caymus processing complex to Energy Transfer's Permian footprint, with closing expected in the fourth quarter.
DeepSeek Is Closing In on a $12 Billion Raise Ahead of a Domestic IPO
Bloomberg reports DeepSeek is set to secure at least 80 billion yuan — possibly 100 billion — with Tencent and CATL writing some of the largest checks, as the AI company builds a war chest ahead of a domestic listing.
Micron's Taoyuan union wins strike authorization as Taiwan bonus fight escalates
No walkout has been called, but the union says it could strike at short notice if Micron's board does not offer a concrete profit-sharing plan this week. The shares fell with other chip stocks.
Becton Dickinson Pledges $19 Billion in U.S. Plants to Win Tariff Relief
BD will invest $19 billion in the U.S. over several years — $3 billion for strategic manufacturing sites — in exchange for shelter from future Section 232 tariffs. It's the first major American medtech company to cut a deal like this.
Neogen Beats, Raises, and Starts Chipping Away at the Debt
Revenue rose 6.5% to $222.8 million and adjusted earnings of $0.08 a share topped the $0.05 consensus. The company lifted its fiscal 2027 outlook, repaid $30 million of term debt, and is moving Petrifilm production in-house.
Penguin Solutions Beats Big on AI Memory Demand and Raises Its Fiscal 2027 Bar
Adjusted earnings of $1.00 a share topped the $0.77 consensus and revenue hit a record $567 million. Integrated memory sales jumped 158% — and the fiscal 2027 guide implies roughly 40% revenue growth.
Houthi Attacks Damage Two Saudi Airports, Wounding Three, as Red Sea Escalation Widens
Saudi Arabia said Houthi strikes hit airports in Jazan and Najran on Monday evening, wounding three. The Houthis warned airlines over Saudi airspace, the coalition struck back in Yemen — and Brent rose above $101.
EU prepares safeguard cap on Chinese hybrid car imports, report says
Brussels has not announced a measure, but the reported plan would go after the hybrids that slipped past its tariffs on Chinese electric cars. Carmaker shares jumped, then gave back much of the gain.
Shell flags a record $42-a-barrel refining margin for the third quarter
The oil major's trading update points to a big lift from tight fuel markets, offset in part by weaker chemicals, a Rhine-hit refinery in Germany and a $2.5 billion carbon payment.
Equinor Says Its Trading Business Will Beat Q3 Guidance
The Norwegian energy group expects its marketing, midstream and processing unit to report a third-quarter result above the $400 million guidance, powered by unusually strong European refining margins and LNG trading.
SpaceX is in talks to borrow about $40 billion to buy Nvidia chips
Apollo would lead a package of roughly $10 billion in bank loans and $30 billion in investment-grade bonds, though the talks are early and could still fall apart.
India's central bank raises rates for the first time since 2023 and rules out cuts for now
A unanimous vote lifted the repo rate a quarter point to 5.5%, and a new "calibrated tightening" stance tells borrowers the next move is a hike or a pause, not a cut.