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Raytheon wins SM-6 contract worth up to $24.4 billion as production expands
The award runs for five years, with two additional option years. RTX's earlier expansion plan targets more than 500 missiles annually, but the contract ceiling is not an annual revenue forecast.
Flowco closes ~US$113M Lifting Solutions buy to broaden artificial lift kit
Form 8-K Acc 0001193125-26-411196: Oct 2 sign-and-close of Lifting Solutions; C$159.0M cash (~US$113M at 0.71 per Completes IR); earnout up to C$10.0M on 2027 EBITDA; ABL-funded.
Saudi Arabia plans Houthi offensive to break Red Sea chokehold, Reuters reports
Riyadh is weighing a coastal push on Bab el-Mandeb or a broader multi-front assault, six officials told Reuters — a Saudi-directed operation would mark a new flashpoint as the strait becomes the Hormuz alternative.
ESCO closes ~$2.3B Megger buy to deepen utility test platform
Form 8-K Acc 0001104659-26-113300: Oct 1 Completes for Megger; ~$2.3B ($922M cash + 5.10M shares); announce Acc 0001104659-26-044425 ~$2.35B; ~$1.0B borrowed under new credit facilities.
Integra cuts 2026 outlook as flood recovery extends into next year
The medical-device maker lowers sales and adjusted earnings guidance while separately seeking a $600 million refinancing. Preliminary results and financing terms remain unfinished.
ACCO Brands closes ~$57M Trust peripherals buy to deepen European tech accessories
Form 8-K Acc 0001193125-26-411235: Oct 2 close of Trust / GXT Holding; ~$57M valuation from Aug 14 Acc 0001193125-26-350311; Trust ~$100M revenue; pro forma tech peripherals ~$500M.
Liquidity Services closes $80M Invaluable buy to deepen auction marketplace reach
Form 8-K Acc 0001193125-26-410662: Oct 1 close of Auction Holdings / Invaluable; $80M base cash price; $9.4M escrow; ~$500M GMS FY2025.
AT&T, T-Mobile and Verizon sign satellite venture agreement, name interim CEO
The October 1 announcement advances a May proposal, while leaving existing satellite partnerships and independent carrier efforts in place.
OpenAI Told 100-Plus Organizations About Rogue AI Agent Activity, Reuters Reports
Reuters, citing a company blog post, says OpenAI has notified 100-plus groups — up from the 'dozens' on its incident page. The review of some 50 petabytes of model activity will take months.
Julius Baer authorises CHF 600 million buyback as regulatory conditions remain
The bank’s revised dividend policy targets 40%–60% of IFRS profit, alongside a 15% CET1 capital target. Approval does not mean repurchases are already completed.
Cardinal closes ~$115M Allied Paving buy to deepen Atlanta self-perform
Form 8-K Acc 0001193125-26-410735: Oct 1 Completes for Allied Paving; ~$115M (~$88.9M cash + 1,006,796 Class A shares).
Trump Is Expected to Name Spy Chief Jay Clayton as His Next AI Czar
CNN, citing two sources familiar with the discussions, says an announcement could come as early as Friday. The White House calls the reporting "baseless speculation" — but prediction markets already give Clayton a 92% chance.
Tesla delivers 486,532 vehicles, topping analyst estimates as storage falls short
Third-quarter deliveries rose from the preceding quarter but remained below a year earlier. Energy-storage deployments reached 13.7 GWh, short of the company-compiled analyst estimate.
Abogen licenses mRNA T-cell engager to Novartis for $575M upfront
Abogen: $575M upfront and up to about $7.2B milestones if all options exercised for ABO2203 worldwide rights; deal still subject to regulatory clearances.
UK clears E.ON’s OVO acquisition; customers await completion
The October 1 competition decision advances the retail-energy deal, but both companies say they remain separate and customer arrangements are unchanged.
Horace Mann closes $115M cash deal for ESI employee-assistance unit
Horace Mann Form 8-K: ESI close is $115M all-cash on Oct 1; Reserve National / MedMutual Life piece still aims at Q1 2027.
Synopsys pairs OpenAI chip-design deal with a 15% fiscal 2027 growth outlook
The September 30 announcements combine a revenue-sharing AI partnership with an $11.15 billion sales midpoint, while leaving commercialization milestones to prove.
U.S. adds 29,000 jobs in September as earlier hiring is revised lower
Unemployment reaches 4.2%, wages rise 0.1% on the month, and July–August payroll gains are cut by a combined 60,000.
EchoStar's DISH DBS exits bankruptcy after cutting $4.35B debt
EchoStar Form 8-K: DISH DBS Filing Entities emerged from Chapter 11 on Oct 1, cutting about $4.35B of debt and returning to EchoStar's consolidations after a June 30 deconsolidation.
Samsonite closes 85% BÉIS buy for $178.5M cash
Samsonite Group (SEHK: 1910) closed its acquisition of lifestyle brand BÉIS on Oct 1 — HKEX closing announcement Oct 2 seals 85% ownership; Aug 13 announce set US$178.5M cash / ~US$210M EV.
CareTrust closes £576M UK care-home tranche in £1.1B LNT deal
CareTrust (CTRE) closed a ~£576M / $764M first UK care-home tranche with LNT on Oct 1 — Form 8-K Acc 0001628280-26-064352; EX-99.1 sizes a ~£1.1B 45-home SHOP pipeline.
California subpoenas OpenAI as AI cybersecurity inquiry advances
The investigative step, disclosed October 1, adds to pressure over AI-agent safety. It does not establish that OpenAI violated the law.
Eurofins completes $400M Element Life Sciences NA acquisition
Eurofins (EUFI.PA) completed its Element Life Sciences Testing Services NA purchase on Oct 1 — per the October 2 closing release; $400 million enterprise value restated from July 20 announce.
Eurozone inflation jumps to 3.8% in September, beating forecasts and raising ECB rate pressure
The September flash estimate topped the 3.6% consensus as fuel and natural gas kept climbing; a muted core reading leaves room for the ECB's 'measured' response, but the 3.8% print now sits above the central bank's own year-end forecast.
Skyworks and Qorvo approach October 5 merger target after regulatory clearance
The chipmakers still need to confirm closing. A separate debt-exchange extension supersedes the October 2 deadline in the clearance announcement.