November 2026

Evergy delivered a stronger third quarter, lifted its 2026 adjusted earnings guidance and outlined new power commitments tied to large customers, including a proposed 1.4 GW Digital Realty expansion. The utility also increased its quarterly dividend by 4%.

DTE Energy plans to sell its non-utility Vantage business for about US$3 billion and redirect the proceeds into a much larger regulated utility investment programme. The shift comes alongside approved Google and Oracle data centre contracts and a long-term operating EPS growth target above 9%.

Cardinal Health has lifted its fiscal 2027 earnings outlook after a strong opening quarter, with revenue reaching US$67.5 billion and non-GAAP diluted EPS rising 28%. The healthcare distributor also completed a US$500 million share repurchase and advanced several strategic initiatives.

Iron Mountain delivered record third-quarter revenue and AFFO, raised its 2026 outlook and lifted its quarterly dividend by 15%. Data centre leasing and asset lifecycle management are driving the company’s faster-growing businesses, although expansion is demanding substantial capital.

Tapestry has lifted its fiscal 2027 revenue, margin and earnings forecasts after a stronger-than-expected first quarter, with Coach driving a sharp contrast against weaker Kate Spade sales. The luxury accessories group also plans to return approximately US$2.0 billion to shareholders this fiscal year.

Kimberly-Clark delivered stronger adjusted earnings from continuing operations in the third quarter, but organic sales and adjusted operating profit weakened as China disruption, pricing pressure and costs weighed on results. The company reaffirmed its 2026 outlook while beginning life as a larger consumer-health group after completing its Kenvue acquisition.

BD finished fiscal 2026 with higher revenue, adjusted earnings and cash generation, while setting low single-digit growth expectations for the year ahead. Its proposed US$19 billion US investment adds scale to the strategy, but remains tied to milestones and future implementation.

Air Products delivered 12% growth in fiscal 2026 adjusted EPS and cut capital spending by US$1.8 billion, while absorbing another US$3.2 billion in charges tied mainly to project exits. The company expects further adjusted earnings growth in fiscal 2027, but its recovery still rests on how successfully it converts a larger backlog into cash flow.

The Cigna Group raised its 2026 adjusted earnings outlook after third-quarter revenue rose 6%, while pharmacy benefit pressure kept underlying profit broadly flat. The health insurer also unveiled a US$3 billion modernisation and productivity programme targeting longer-term growth.

Targa Resources delivered a sharp year-on-year earnings rise and lifted its 2026 adjusted EBITDA outlook to at least US$6.0 billion. The midstream operator is also preparing to recommend a 20% increase in its 2027 common dividend, though heavy expansion spending is keeping free cash flow tight.

Vistra has completed its acquisition of Cogentrix Energy, adding 10 natural gas facilities and nearly 5,500 megawatts of generation capacity across three major US power markets. The deal carries approximately US$2.2 billion in cash consideration, US$1.7 billion of assumed debt and 5 million newly issued Vistra shares.

Atlantic Lithium has secured court approval to put Huayou’s proposed acquisition to shareholders, setting a 14 December vote on the scheme. The transaction remains conditional, but the process has now moved from regulatory clearance to shareholder decision.

Ingenia Communities has executed the deed that sets the ownership structure for a major joint venture at Peet’s Flagstone City project, satisfying one limb of a condition attached to its proposed Peet acquisition. ACCC clearance and other completion requirements remain outstanding.

AXP Energy received applications for $262,214 in its 1-for-1 entitlement offer, far below the $1.2 million minimum subscription. A separate shortfall offer remains open until 3 February 2027, leaving the final capital raised unresolved.

Peet shareholders have received the scheme booklet for Ingenia’s proposed acquisition, with an independent expert concluding the deal is fair and reasonable. The transaction now moves to a 7 December vote, with implementation targeted for 4 January 2027 if remaining approvals are secured.

The GPT Group has reaffirmed its FY 2026 earnings and distribution guidance after maintaining 97.6% portfolio occupancy in the September quarter. Retail and logistics remained particularly firm, while office leasing improved at Grosvenor Place and a $380 million Brisbane acquisition expanded the group’s value-add partnership.

European Lithium has completed its takeover by Critical Metals Corp, transferring all EUR shares to the US-listed company and issuing eligible holders CRML securities. EUR is now preparing to disappear from the ASX, with the new shares expected to begin trading on Nasdaq on 6 November.

Pathkey.AI has presented Chipforge as a functioning end-to-end AI platform for chip design, backed by independent testing, benchmark comparisons and a first proof-of-value contract. The harder test now is converting that engineering progress into recurring revenue before its A$5.8 million cash balance becomes a constraint.

Neometals has more than doubled the estimated gold at its Ironclad deposit to 31,000 ounces, while a revised geological model has lifted the reported grade to 3.9 grams per tonne. The upgrade strengthens a proposed near-term development pathway, but approvals, funding and further drilling remain material conditions.

Marimaca Copper ended September with US$126.6 million in cash and US$135.5 million in net working capital, giving the pre-revenue Chilean developer funding visibility for at least the next year. A potential US$17.3 million VAT recovery could add to that liquidity in the first half of 2027, but the Marimaca Project has not yet reached demonstrable technical feasibility or commercial viability.

Vicinity Centres faces uncertainty over four David Jones stores after the retailer entered administration and receivership, with $2.2 million in unpaid rent and no bank guarantees supporting the leases. The property group says its FY27 earnings guidance is now under review.

David Jones’ administration and receivership has placed four Vicinity Centres stores, $2.2 million of unpaid rent and FY27 earnings guidance in question. The properties generate approximately $34 million, or 2.4%, of Vicinity’s portfolio gross rental income, but the eventual financial impact remains unclear.

Noumi shareholders and optionholders have backed Arrovest’s proposed schemes, clearing the main voting hurdle in the takeover. The transaction still requires Supreme Court of New South Wales approval and satisfaction or waiver of other conditions.

Forrestania Resources has cleared the key hurdle in its takeover of Zenith Minerals, with the offer now wholly unconditional and the bidder holding 63.87% voting power. The offer is scheduled to close on 12 November.