Latest Expansion News

Yum! Brands has completed its Pizza Hut exit, lifting third-quarter GAAP earnings with a US$1.7 billion pretax gain. Beneath that windfall, KFC delivered strong expansion while Taco Bell's US sales weakened sharply.

QMines has raised more than targeted through a $5.5 million placement, giving its Mt Chalmers copper-gold development a larger funding base as drilling continues. The company also intends to seek a further $1 million from eligible shareholders, although both the SPP and deferred sale proceeds remain subject to completion.

Sigma Lithium has launched a US$100 million convertible bond to replace expensive secured debt and push its main repayment risk into 2029 and 2031. The financing arrives as operations recover from a Brazilian suspension that cut third-quarter production but left the company reporting a 32% gross margin.

Coast Entertainment has outlined a staged plan to build a four-star hotel and entertainment, dining and retail precinct beside Dreamworld, with preliminary modelling indicating a completion value of about $330 million. The proposal comes as the company returns to profit and reports stronger visitation, cash generation and asset valuations.

Lennox is replacing the head of its Building Climate Solutions segment with an internal executive while retaining the outgoing leader as a strategic adviser through February 2028. The transition preserves customer and leadership continuity, but the filing does not indicate any change to financial guidance.

onsemi has raised its 2030 AI data centre revenue target above US$3 billion after AI sales surged 175% year over year. The semiconductor maker is also buying Ferric for up to US$775 million while reshaping its planned Synaptics acquisition.

SBA Communications delivered modest site-leasing growth in the third quarter, but AFFO fell 5% and the company lowered parts of its 2026 outlook. The tower owner is also withdrawing from Chile, Ecuador and potentially Peru while committing US$300 million to share buybacks.

Healthpeak has raised its 2026 adjusted FFO and same-store NOI guidance after a quarter of strong senior housing growth, leasing activity and portfolio expansion. The uplift comes with a lower GAAP earnings outlook, reflecting depreciation from newly acquired senior housing assets.

Palantir delivered a record fiscal third quarter, with revenue rising 96% to US$2.313 billion and US commercial revenue overtaking government revenue for the first time. The company also lifted its full-year 2026 guidance across revenue, commercial sales and cash flow.

Diamondback Energy delivered a strong third quarter, pairing US$2.1 billion in free cash flow with a higher dividend and increased 2026 production guidance. The company is also expanding its Permian gas exposure as it prepares for higher capital spending and a more infrastructure-heavy growth strategy.

Williams delivered higher third-quarter earnings and cash generation while keeping its 2026 guidance intact. The Momentum Midstream acquisition and a growing slate of pipeline, storage and power projects are now central to the company’s expansion case.

Fox delivered a sharp first-quarter lift, with revenue up 22% and adjusted EBITDA up 54% as World Cup coverage, political advertising and Tubi drove a powerful television result. The catch is that a meaningful share of the uplift came from event-linked revenue and higher sports programming costs.