GLOBEALERT
The wire

Feed

Open sources, classified and cross-checked. 5,137+ stories.

BusinessOct 30Patterson-UTI expects Q4 drilling services adjusted gross profit of about $150M while keeping 2026 capex below $600MPatterson-UTI anticipates its drilling services adjusted gross profit for Q4 will be approximately $150 million. The company also aims to keep its capital expenditures for 2026 below $600 million.Seeking Alpha Tech
BusinessOct 30Mondelez signals strong EPS growth in 2027, while citing 500,000-ton cocoa surplus and 25% emerging-markets distribution runwayMondelez International projects strong earnings per share growth for 2027, citing a significant cocoa surplus and expansion opportunities in emerging markets. This provides insight into the company's future financial expectations and market strategy.Seeking Alpha Tech
BusinessOct 30BridgeBio signals 3 launches in next 7 months with BBP-418 November 27 PDUFA and infigratinib February 4, 2027 PDUFABridgeBio is planning three product launches within the next seven months, with specific PDUFA dates for BBP-418 on November 27 and infigratinib on February 4, 2027. This indicates upcoming pharmaceutical product developments for the company.Seeking Alpha Tech
BusinessOct 30Bxmt expects to cover $0.30 dividend in 2027 while targeting 40% year-end cuts to office and legacy loansBxmt anticipates covering a $0.30 dividend in 2027 and aims to reduce its office and legacy loans by 40% by year-end. This reflects the company's financial planning and strategic adjustments.Seeking Alpha Tech
BusinessOct 30Exelixis outlines March 3, 2027 PDUFA for zanza while advancing Wave 2 pivotal plansExelixis has set a PDUFA date of March 3, 2027, for zanza, while also progressing with its Wave 2 pivotal plans. This indicates upcoming milestones in the company's drug development pipeline.Seeking Alpha Tech
BusinessOct 30Microsoft plans to raise $25 billion in debt as it pursues AI buildoutMicrosoft boasts a strong credit rating and has managed to maintain positive free cash flow, unlike Meta, Alphabet and Amazon.CNBC
BusinessOct 30Axt projects Q4 non-GAAP EPS of $0.57-$0.59 as backlog moves above $500MAxt projects its Q4 non-GAAP EPS to be between $0.57 and $0.59, as the company's backlog has exceeded $500 million. This indicates financial performance expectations for the upcoming quarter.Seeking Alpha Tech
BusinessOct 30Asure forecasts $183M-$187M 2027 revenue while expanding Payroll Tax Management via AWS and OracleAsure forecasts its 2027 revenue to be between $183 million and $187 million, while also announcing the expansion of its Payroll Tax Management services through AWS and Oracle. This indicates future financial growth and strategic technological partnerships.Seeking Alpha Tech
BusinessOct 30Has Australia’s push for lower house prices gone too far?Canberra wanted to cool one of the world’s hottest property marketsFinancial Times
BusinessOct 30TriMas projects $1.60 to $1.70 EPS in 2026 while expecting 4% to 6% sales growth after Rapak divestitureTriMas projects its 2026 EPS to be between $1.60 and $1.70, with an expected sales growth of 4% to 6% following the divestiture of Rapak. This outlines the company's financial outlook post-restructuring.Seeking Alpha Tech
BusinessOct 30Blue Owl expects $400M of incremental fees as $36B of AUM not yet earning fees deploys, while targeting $10B for BODI IVBlue Owl anticipates $400 million in incremental fees as $36 billion of its assets under management are deployed, and is targeting $10 billion for BODI IV. This indicates significant growth in fee revenue and fundraising goals.Seeking Alpha Tech
BusinessOct 30Pennymac mortgage investment trust projects $0.38 run rate return potential over next 4 quarters as it plans 4Q dividend reductionPennymac mortgage investment trust projects a $0.38 run rate return potential over the next four quarters, alongside plans to reduce its Q4 dividend. This highlights a shift in shareholder returns and future earnings expectations.Seeking Alpha Tech
BusinessOct 30Silicon Motion outlines at least 40% 2027 revenue growth as Q4 2026 revenue is guided to $588M-$616MSilicon Motion projects at least 40% revenue growth by 2027, with its Q4 2026 revenue guided between $588 million and $616 million. This indicates strong anticipated financial performance and market expansion for the company.Seeking Alpha Tech
BusinessOct 30Georgia Republican Donor Gets 15 Years in $76 Million Ponzi SchemeFederal prosecutors said Edwin Brant Frost IV lured investors with promises of high returns, but used new money to pay earlier investors and fund personal expenses.NYT US
BusinessOct 30New Fortress Energy to lease 10 mobile turbines to U.S. customerNew Fortress Energy plans to lease ten mobile turbines to a customer in the U.S. This represents a commercial transaction involving energy infrastructure.Seeking Alpha Tech
BusinessOct 30What does bourbon have to do with the US midterms?The US-Canada trade war is hurting Kentucky’s bourbon industry, which generates billions of dollars annually.Al Jazeera [en]
BusinessOct 30Can White Cliff Minerals (ASX:WCN) Lead ASX Explorers Into Canada’s Northern Frontier? - Kalkine MediaWhite Cliff, American West, Manhattan Gold and Fin chase copper and gold in Canada’s north, with assays awaited.kalkinemedia · australia
BusinessOct 30Pinterest expects Q4 revenue of $1.425B-$1.475B with adjusted EBITDA of $538M-$588M as EU de minimis changes weigh on internationalPinterest has provided its financial expectations for Q4, projecting revenue between $1.425B-$1.475B and adjusted EBITDA of $538M-$588M. The company notes that EU de minimis changes are impacting international performance.Seeking Alpha Tech
BusinessOct 30Sterling outlines $4.63B-$4.73B 2026 revenue outlook as total scoped work reaches nearly $8BSterling has announced its revenue projections for 2026, expecting to generate between $4.63B and $4.73B, with its total scoped work approaching $8B. This provides insight into the company's long-term financial expectations and workload.Seeking Alpha Tech
BusinessOct 30Credit Acceptance signals ~65% forecasted collection rate for 2025-2026 vintages while expanding dealer networkCredit Acceptance has projected an approximate 65% collection rate for its 2025-2026 vintages, while also indicating an expansion of its dealer network. This news provides an update on the company's financial health and growth strategies.Seeking Alpha Tech
BusinessOct 30Novocure outlines 2026 net revenue of $736M-$743M as it updates adjusted EBITDA to $24M-$34MNovocure has updated its financial outlook for 2026, projecting net revenue between $736M and $743M, and adjusted EBITDA to be in the range of $24M to $34M. This provides a financial forecast for the company's future performance.Seeking Alpha Tech
BusinessOct 30Amazon outlines AWS growing north of 40% in 2027 and 2028, as it targets $1T revenue in 5 to 10 yearsAmazon has projected that its AWS division will grow over 40% in 2027 and 2028, and aims to achieve $1T in total revenue within the next 5 to 10 years. This indicates the company's ambitious long-term growth strategy and expected performance.Seeking Alpha Tech
BusinessOct 30Mechanics Bancorp forecasts 2027 ROTCE of 17% while planning a $100M Q4 dividendMechanics Bancorp is forecasting a 17% Return on Tangible Common Equity (ROTCE) for 2027 and plans to issue a $100M dividend in Q4. This announcement provides insights into the bank's future financial performance and shareholder returns.Seeking Alpha Tech
BusinessOct 29Oil futures slip as latest U.S. diplomatic push offsets continued Houthi strikesOil futures have declined, influenced by a new U.S. diplomatic initiative that appears to be counteracting the ongoing impact of Houthi strikes. This indicates the interplay between geopolitical events, diplomatic actions, and global commodity prices.Seeking Alpha Tech