♟️ Friday 6 November 2026 Fri, 6 Nov 2026

American Water and Essential Utilities have reached a settlement with all parties in a New Jersey regulatory proceeding over their proposed merger. The agreement still requires approval from the New Jersey Board of Public Utilities, and its substantive terms have not been disclosed in the filing.

Ameren has raised its 2026 earnings guidance and set a 2027 target after third-quarter adjusted EPS rose 12% year on year. The US utility also outlined a US$38.1 billion infrastructure programme supporting projected rate-base growth through 2031.

Mettler-Toledo delivered 6% third-quarter sales growth and raised its full-year adjusted EPS outlook after a sharp improvement in Asia and Rest of World demand. The company also issued its first 2027 earnings forecast, though tariff refunds complicate the year-to-date comparison.

Monster Beverage delivered a strong third quarter, with sales rising 16.7% to US$2.56 billion and international revenue climbing 28.1%. The trade-off was narrower margins as aluminium, freight, fuel, marketing and transformation costs increased.

Marlin Global’s portfolio fell 6.3% in FY2026 while its benchmark gained 30.5%, prompting a tighter risk framework and a broader portfolio. The NZX-listed investment company has started FY2027 more strongly, but the recovery remains early.

Macquarie Bank’s half-year profit fell 61% to A$1.42 billion after a prior-period A$2.448 billion asset-transfer gain dropped out of the comparison. Its core banking and markets divisions still grew, but credit charges rose and margins remained under pressure.

Camden Property Trust held its 2026 Core FFO target after a modest third-quarter beat, but lowered its EPS and same-property NOI outlook. The apartment landlord’s reported profit was boosted by a roughly US$1 billion gain from selling its California portfolio.

Macquarie Group delivered a 50% rise in first-half profit to A$2.478 billion, with Commodities and Global Markets providing the standout contribution as market activity accelerated. The result also marks Shemara Wikramanayake’s final day as chief executive, with Greg Ward taking over from 7 November.

AVITA Medical has raised its 2026 revenue guidance for a second time after third-quarter revenue climbed 53% year on year. The company also drew a further US$10 million under its credit facility and removed its going-concern qualification, although it remains loss-making and highly leveraged.

PNC has named retail banking chief Alexander Overstrom as its next chief financial officer, with the handover scheduled for March 2027. Current CFO Robert Reilly will remain with the bank as executive vice chairman, preserving senior leadership continuity.

Gryphon Capital Income Trust will give eligible Australian and New Zealand unitholders the chance to buy up to A$30,000 of new units at A$2.00 each. The non-underwritten offer could raise up to A$407.45 million for incremental portfolio management.

Enero Group delivered stronger FY26 earnings and a $24.5 million net cash position, but its new financial year has opened with group EBITDA down 28% as Hotwire and BMF absorb restructuring and client losses. Orchard’s record quarter and rising AI revenue provide the counterweight, but execution remains the central test.

Pursuit Minerals has increased Rio Grande Sur’s probable ore reserve by about 250% to 438,000 tonnes of lithium carbonate equivalent and outlined a staged path to 17,500 tonnes per year. The headline economics are substantial, but depend on a lithium price assumption almost twice the cited spot market and financing that has not yet been secured.

Vault Minerals says maximum-cash elections will be scaled back, while maximum-scrip elections will not be affected under the current indicative outcome for its proposed Genesis Minerals takeover. The preliminary allocation amounts to about $539.6 million in cash and 803.3 million new Genesis shares, subject to final changes.

Axon delivered record third-quarter revenue and a return to GAAP profitability, but committed US$1.2 billion to deepen its Skydio stake as delayed federal drone deployments lowered its 2026 outlook. Software growth remains strong, while inventory investment and higher debt weigh on cash generation.

EOG Resources posted a stronger third quarter, with production reaching 1.433 million barrels of oil equivalent per day and year-to-date free cash flow rising to US$6.468 billion. Lower net leverage and continued shareholder returns add to the appeal, although the company remains exposed to volatile oil and gas prices.

Microchip Technology delivered a stronger-than-expected fiscal second quarter, with sales up 42.2% and earnings above its own guidance. The chipmaker expects seasonal softness in the December quarter, but says demand, bookings and design wins remain firm.

Lam Research has approved a US$25 billion share repurchase authorisation alongside a US$0.33 quarterly dividend, giving investors a sizeable new capital-return commitment but no guarantee of when shares will be bought. Shareholders also re-elected the board and rejected a proposal to make special meetings easier to call.

Live Nation delivered a record third quarter as revenue climbed 19% to US$10.1 billion and attendance surged worldwide. International markets supplied most of the growth in fans and ticketing, while the company raised its 2026 attendance expectations and accelerated venue investment.

Devon Energy delivered US$2.0 billion of adjusted free cash flow in the third quarter and plans to accelerate buybacks after its Eagle Ford sale. The company also raised its merger synergy targets and offered an initial 2027 production and capital outlook.

James Hardie delivered a sharp rebound in second-quarter profitability, with continuing-operations sales up 24% and adjusted EBITDA up 44%. The building products group reaffirmed its FY27 earnings guidance, lifted its free cash flow target above US$650 million and accelerated debt reduction.

Akamai delivered solid third-quarter revenue growth, led by a 34% jump in Cloud Infrastructure Services, but profitability and margins declined. The company is now projecting a sharp acceleration in 2027 and revenue above US$7 billion in 2028.

Simon Property Group delivered stronger operating metrics in the third quarter, lifting its full-year Real Estate FFO guidance and quarterly dividend. The result was tempered by lower GAAP earnings after non-cash mark-to-market losses.

Solventum has raised its full-year adjusted earnings forecast after a third quarter shaped by the expected reversal of ERP-related advance orders. The healthcare technology company also completed its major system cutovers and reported strong growth in Advanced Wound Care.