♟️ Thursday 5 November 2026 Thu, 5 Nov 2026

HP has turned to former GSK chief Emma Walmsley to lead the company from January, handing her a compensation package featuring a US$30 million inducement equity award. Interim CEO Bruce Broussard will become chair as the company prepares a significant leadership reset.

Desane Group Holdings (ASX:DGH) is entering FY27 with a $105.9 million asset base, conservative gearing and two developments expected to drive its next phase of earnings. The challenge is converting that balance-sheet strength into recurring income while navigating construction costs, funding risk and a chairman transition.

hipages Group delivered stronger FY26 cash generation and record margins, but now expects FY27 revenue, profitability and free cash flow to land at the lower ends of its existing targets. Management says deteriorating economic conditions have slowed activity in some discretionary home-improvement categories.

MetLife delivered its highest quarterly adjusted earnings per share, supported by stronger investment income, broad-based volume growth and favourable underwriting. The result also came with a sharp fall in reported book value per share and a sizeable boost from derivative gains.

Canterbury Resources has opened a non-underwritten share purchase plan targeting approximately A$1 million for drilling at its John Hill copper-molybdenum deposit. The company may accept up to A$2.5 million, while all five directors have indicated they intend to participate.

Edwards Lifesciences delivered stronger-than-expected third-quarter growth and lifted its full-year 2026 outlook, led by a sharp rise in mitral and tricuspid therapies. A US$220.2 million impairment charge remains a notable counterpoint to the upbeat operating performance.

Aflac’s third-quarter GAAP earnings plunged after a US$1.1 billion investment loss tied largely to portfolio repositioning, masking a more resilient operating result. The insurer raised its Aflac Japan margin outlook and outlined a potential US$1 billion capital release through reinsurance.

Block delivered a stronger third quarter, with gross profit up 22% and Cash App gross profit up 27%, but the result was overshadowed by a proposed $764 million net payment to resolve a US Department of Justice inquiry. The agreement remains subject to a final deal and court approval.

Light & Wonder lifted third-quarter net income 17% and adjusted free cash flow 21%, while cutting debt and extending its premium gaming growth streak. But the ASX-listed gaming group now expects FY26 EBITDA growth toward the lower end of its previous mid-to-high single-digit range.

Monvia delivered FY26 adjusted revenue and EBITDA slightly ahead of its IPO forecasts, while ARR climbed 21% to A$14 million. The ASX-listed insurance software provider now has a much larger pipeline, but expects FY27 total revenue to remain flat as professional services revenue eases.

Albemarle delivered a sharp third-quarter rebound, with adjusted EBITDA reaching US$645.5 million as higher lithium pricing and productivity gains outweighed lower Energy Storage volumes. The company also raised its Specialties outlook and cut planned 2026 capital spending, while flagging weaker fourth-quarter Energy Storage results.

Viridis Mining and Minerals has secured a binding long-term offtake agreement with Solvay covering most of the forecast output from its Colossus rare earths project in Brazil. The deal establishes minimum revenue of about US$915 million for key magnetic rare earths, subject to delivery, and gives the company a clearer route into debt financing.

SSH Group has reduced hire purchase debt by approximately $7.5 million to $12.8 million while retaining a fleet of more than 250 rental assets. The company has also completed the first phase of its EMS integration, but its proposed Crawford Gold mining contract remains unsigned.

St Barbara has restarted ore processing at its Touquoy operation in Nova Scotia on schedule, with first gold doré targeted for January 2027. The company has set FY27 production guidance of 17,000 to 21,000 ounces alongside substantial spending on growth, reclamation and exploration.

Amcor has lowered its six-month adjusted earnings outlook after higher energy and distribution costs offset volume growth and Berry acquisition synergies. Sales rose 7%, but adjusted EBITDA slipped, free cash flow deteriorated sharply and net debt increased.

News Corp opened fiscal 2027 with revenue up 6% and net income up 43%, led by Dow Jones, digital real estate and book publishing. The quarter also exposed a sharper split in the portfolio: News Media weakened and free cash flow turned negative.

Allstate delivered stronger policy growth and higher investment income in the third quarter, but catastrophe losses and investment losses cut both GAAP and adjusted earnings. The insurer also returned about US$1.5 billion to shareholders while expanding its protection-services businesses.

Corpay delivered 18% revenue growth and a 32% increase in adjusted diluted earnings per share in the third quarter, prompting a higher full-year outlook. The company is also using substantial cash resources for share buybacks and debt reduction.

Texas Pacific Land delivered its strongest quarter on record, with US$273.4 million in revenue, US$167.4 million in GAAP net income and US$170.3 million in free cash flow. The Permian Basin landowner is also pushing deeper into water infrastructure, data centres and power generation, though those newer ambitions remain largely unquantified.

Fair Isaac posted a strong fourth quarter, with revenue rising 27% to US$657 million and non-GAAP diluted EPS reaching US$11.10. But the company declined to provide fiscal 2027 guidance as it shifts mortgage customers to bespoke pricing amid continued housing-market pressure.

Freeport-McMoRan has approved a US$4.5 billion expansion of its Bagdad mine in Arizona, targeting more than double the operation’s mining and milling rates. Initial production is targeted for mid-2030, with the project expected to lift copper and molybdenum output while lowering long-term unit costs.

Motorola Solutions raised its full-year 2026 revenue, non-GAAP earnings and cash flow outlook after sales rose 12% and backlog reached a record US$16.6 billion. The stronger operating result came alongside lower GAAP earnings, softer cash flow and fresh acquisition debt.

TKO delivered a sharp third-quarter earnings lift, powered by UFC rights revenue and FIFA World Cup hospitality, and raised its full-year 2026 targets for the second time. The sports and entertainment group also plans to fund further share buybacks partly with additional debt.

AppLovin delivered a sharp acceleration in third-quarter 2026 revenue and profit while expanding its share repurchase authorisation to US$3.6 billion. The company also disclosed approval for a planned reincorporation from Delaware to Nevada.