Latest Strategy Changes News

Superloop has started FY27 with strong consumer and Smart Communities growth, taking group customers to 954,000 by 31 October. The ASX-listed telco is targeting underlying EBITDA of $148 million to $156 million, although capital expenditure is set to rise sharply as it funds network expansion and integration.

Skydance delivered US$7.0 billion in pre-acquisition third-quarter revenue, but its first post-Warner Bros. Discovery update paired streaming growth with a warning on the film slate and a heavily leveraged balance sheet. The company is targeting at least US$6 billion in annualised synergies within three years.

Akamai is seeking up to US$2.5 billion through convertible notes while temporarily loosening its leverage covenant and preparing for a US$1.15 billion debt maturity in 2027. The financing is also aimed at funding expansion of its Cloud Infrastructure Services business, but final pricing and potential dilution remain unresolved.

Constellation Energy delivered a sharp rise in third-quarter earnings and raised its full-year outlook, backed by stronger market conditions and the contribution from Calpine. The company also lined up new nuclear investment, customer contracts and a potential US$5 billion government-backed financing facility.

KKR delivered record quarterly fee-related and operating earnings in the third quarter, while assets under management climbed 11% to US$804 billion. The alternative investment giant also expanded its buyback authorisation and flagged a potential US$2 billion adjusted net income contribution from the pending USI sale.

NRG Energy delivered a sharp third-quarter earnings lift while agreeing to sell 4.9 GW of natural-gas generation assets to LS Power for US$4 billion. The proceeds are earmarked for heavier share buybacks, debt reduction and potential growth investment, although the transaction still requires regulatory approval.

SBA Communications has secured a US$2.0 billion term loan facility, using the funded portion to repay a 2021 tower securities issue while retaining US$835 million of borrowing capacity. The refinancing gives the tower owner a new three-year debt structure, but leaves interest costs dependent on credit ratings and benchmark rates.

Charles River Laboratories will pay about US$470 million in cash for Frontage’s bioanalysis and DMPK operations in Pennsylvania, with a further US$75 million tied to performance. The proposed acquisition expands Charles River’s clinical testing capabilities but will initially be neutral to non-GAAP earnings per share.

Virgin Australia has reaffirmed its FY27 outlook, with first-half underlying EBIT expected to remain broadly in line with the prior year despite elevated fuel, airport and labour costs. The airline is trimming domestic capacity while maintaining 6% to 8% RASK growth and committing up to $1 billion to fleet and other capital investment.

Top End Energy reported a $12.1 million FY2026 loss after writing down $9.29 million of exploration assets, while cash fell to $1.01 million. The company remains suspended from ASX quotation and says its ability to continue depends on additional funding and reinstatement.

MC Mining has suspended operations at its Makhado coal project after commissioning produced hard coking coal but exposed areas requiring optimisation. A further US$8 million bridge loan from controlling shareholder Kinetic Development Group provides interim support, but funding for a restart is not yet committed.

Golden Dragon Mining has issued a corrected 2026 Annual Report after revising percentage holdings for its top 20 shareholders and substantial holders. The change leaves the audited accounts untouched, while the report highlights a growing Cue Gold exploration program, a $735,073 loss and continuing reliance on capital markets.