Market News
Latest news from Stock markets.
CVS Reports Big Loss On Devalued Oak Street Clinics But Aetna Costs Are Stable
CVS Health Wednesday reported a $4 billion third-quarter loss related to the reduced value of its Oak Street Health primary care facilities, but the company is getting a handle on health costs that have hit its Aetna health insurance business.
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Gold and Newmont Stock Rebound. Why the Precious Metal's Selloff Isn't Over Yet.
This isn't the time for investors to buy the dip, with geopolitical risks fading and bullion still up 53% for the year.
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Valero Energy Corporation Announces CFO Transition
SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO, “Valero”) announced today that Homer Bhullar, who has served as Valero's Vice President-Investor Relations and Finance since April 29, 2021, has been appointed by Valero's Board of Directors to serve as Senior Vice President and Chief Financial Officer, effective January 1, 2026. Mr. Bhullar will succeed Jason Fraser, who will remain as Executive Vice President and Chief Financial Officer until his retirement from the position.
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CVS raises full-year forecast, takes $5.7 billion impairment charge on health clinics
CVS Health raised its annual adjusted profit forecast on Wednesday, aided by improved pharmacy revenues, but also announced a $5.73 billion writedown of healthcare businesses including its in-pharmacy MinuteClinics.
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Verizon beat estimates for quarterly subscriber additions, profit
Verizon beat Wall Street estimates for quarterly profit and wireless subscriber additions on Wednesday, as promotions around the recent iPhone launches helped the U.S. wireless service provider attract more customers.
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Nvidia Stock Heads for $5 Trillion Valuation. Here's the Math to Justify It.
Nvidia is set to be the first company ever to be valued at $5 trillion. A new revenue forecast has Wall Street recalibrating expectations.
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Nordic Semiconductor ASA (NDCVF) Q3 2025 Earnings Call Transcript
Nordic Semiconductor ASA (OTCPK:NDCVF) Q3 2025 Earnings Call October 29, 2025 3:00 AM EDT Company Participants Stale Ytterdal - Senior Vice President of IR & Strategic Sales Vegard Wollan - CEO & President Pål Elstad - CFO & Executive VP of Finance Conference Call Participants Christoffer Bjørnsen - DNB Carnegie, Research Division Martin Jungfleisch - BNP Paribas Exane, Research Division Om Bakhda - Jefferies LLC, Research Division Sébastien Sztabowicz - Kepler Cheuvreux, Research Division Presentation Operator At this time, I would like to welcome everyone to this Nordic Semiconductor Quarterly Presentation Third Quarter 2025. Today's call is being recorded.
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CVS beats estimates, hikes guidance as insurance business improves
CVS Health reported third-quarter earnings and revenue that blew past estimates and raised its adjusted profit outlook, as the company sees improvement in its insurance unit. The quarterly results cap David Joyner's first full year as CEO of the company, which struggled to drive higher profits and improve its stock performance under Karen Lynch.
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PayPal's Q3 Report Got Too Underappreciated
PayPal Holdings delivered strong Q3 results, with revenue and EPS beating estimates, yet the market underappreciated the performance. PYPL's branded and Venmo transaction growth accelerated, transaction margins improved, and a new quarterly dividend enhances its value proposition. Recent partnerships with OpenAI and Google expand the company's total addressable market and reinforce its fintech leadership through AI and agentic commerce initiatives.
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Jaguar Mining Inc. Announces Partial Lifting of Satinoco Pile Interdiction, a Critical Step Towards Resumption of the MTL Complex
TORONTO, ON / ACCESS Newswire / October 29, 2025 / Jaguar Mining Inc. (TSX:JAG) ("Jaguar" or the "Company") is pleased to announce a significant milestone toward the safe and efficient restart of operations at its MTL Complex, which includes the Turmalina Mine and processing plant. The Company has received a Partial Suspension of Interdiction Order (Termo de Suspensão de Interdição) from the Brazilian Ministry of Labour and Employment in the State of Minas Gerais.
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Entergy reports third quarter 2025 financial results
Company narrows guidance range and extends financial outlooks NEW ORLEANS , Oct. 29, 2025 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) reported third quarter 2025 earnings per share of $1.53 on an as-reported and an adjusted (non-GAAP) basis. "We had another successful quarter executing on initiatives for all our customers," said Drew Marsh, Entergy Chair and Chief Executive Officer.
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CGI to release fourth quarter and fiscal 2025 results on November 5
Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, Oct. 29, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) will release results for its fourth quarter and fiscal year 2025, ended September 30, 2025, on Wednesday, November 5, 2025 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m.
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Kyverna Therapeutics Announces Positive Interim Phase 2 Data from KYSA-6 Study of KYV-101 in Generalized Myasthenia Gravis at AANEM 2025
Compelling results set new clinical standard in generalized myasthenia gravis (gMG), increasing confidence in the Company's registrational KYSA-6 Phase 3 MG trial
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Allison Transmission Expands Its Global Network of Authorized Partners to Enhance Support for Cross-Drive Transmissions
INDIANAPOLIS , Oct. 29, 2025 /PRNewswire/ -- Allison Transmission, the world's largest manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, has significantly expanded its global network of authorized service providers to support its cross-drive transmissions for defense applications. The latest addition to this network is Wojskowe Zakłady Motoryzacyjne (WZM) in Poland, which is now an official channel partner for tracked vehicles.
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ITT Reports 2025 Third Quarter Earnings Per Share (EPS) of $1.62, Adjusted EPS of $1.78; Raising Full Year Guidance
STAMFORD, Conn.--(BUSINESS WIRE)--ITT reports 2025 third quarter earnings per share (EPS) of $1.62, Adjusted EPS of $1.78; Raising full year guidance.
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Alaska and Hawaiian Airlines Reach Major Integration Milestone: a Single Operating Certificate
SEATTLE , Oct. 29, 2025 /PRNewswire/ -- Alaska Airlines today received a single operating certificate (SOC) from the Federal Aviation Administration to operate alongside Hawaiian Airlines as two separate brands. This significant milestone – a FAA regulatory requirement achieved just over a year after Alaska and Hawaiian combined – marks the successful integration of training, policies, procedures and manuals across both airlines.
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PIF-Backed Diriyah Company Awards Parsons $56 million (SAR 210 million) Contract for Design and Construction Supervision in Saudi Arabia
CHANTILLY, Va., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract for Phase 2 of the Diriyah project by Diriyah Company, a Public Investment Fund (PIF)-owned company in the first half of 2025. This $56 million (SAR 210 million), 5-year contract represents new work for Parsons Corporation.
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Caterpillar Reports Third-Quarter 2025 Results
Third-quarter 2025 sales and revenues increased 10% to $17.6 billion Third-quarter 2025 profit per share of $4.88; adjusted profit per share of $4.95 Deployed $1.1 billion of cash for dividends and share repurchases in the third quarter Third Quarter ($ in billions except profit per share) 2025 2024 Sales and Revenues $17.6 $16.1 Profit Per Share $4.88 $5.06 Adjusted Profit Per Share $4.95 $5.17 Please see a reconciliation of GAAP to non-GAAP financial measures in the appendix on pages 12 and 13. IRVING, Texas , Oct. 29, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced third-quarter 2025 results.
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Cognizant Reports Third Quarter 2025 Results
Revenue of $5.42 billion increased 7.4% year-over-year or 6.5% in constant currency1, above the high end of our guidance range, and 3.2% sequentially or 2.8% in constant currency, driven by North America and organic growth across all segments Operating margin of 16.0% increased 140 basis points year-over-year; Adjusted Operating Margin1 of 16.0% increased 70 basis points year-over-year GAAP EPS of $0.56 declined by $0.61 year-over-year and includes the $0.80 impact of a one-time, non-cash income tax expense Adjusted EPS1 of $1.39 increased 11% year-over-year Trailing 12-month bookings of $27.5 billion increased 5% year-over-year Year-to-date $1.5 billion returned to shareholders through share repurchases and dividends; on track to return $2.0 billion in 2025 2025 constant currency revenue growth guidance is increased to 6.0% to 6.3%, above our prior guidance range 2025 Adjusted Operating Margin guidance is now approximately 15.7%, expansion of 40 basis points year-over-year, the high end of prior guidance range TEANECK, N.J. , Oct. 29, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), one of the world's leading professional services companies, today announced its third quarter 2025 financial results.
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Immunic to Participate in Industry and Investor Conferences in November
NEW YORK , Oct. 29, 2025 /PRNewswire/ -- Immunic, Inc. (Nasdaq: IMUX), a biotechnology company developing a clinical pipeline of orally administered, small molecule therapies for chronic inflammatory and autoimmune diseases, today announced participation in the following industry and investor conferences in November: November 3-5: BIO-Europe. Daniel Vitt, Ph.D.
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Why Amazon's stock is a ‘coiled spring' ahead of earnings, according to analysts
Amazon.com Inc.'s earnings report on Thursday could be the catalyst the stock needs to shake off its reputation as an artificial-intelligence laggard.
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CVS HEALTH CORPORATION REPORTS THIRD QUARTER 2025 RESULTS AND UPDATES FULL-YEAR 2025 GUIDANCE
Financial Highlights Third quarter total revenues increased to a record high $102.9 billion, up 7.8% compared to prior year Third quarter GAAP diluted loss per share of $3.13, inclusive of a $5.7 billion goodwill impairment charge related to the Health Care Delivery reporting unit Third quarter Adjusted EPS of $1.60 Generated year-to-date cash flow from operations of $7.2 billion Operational Highlights Aetna® receives industry-leading Medicare Advantage Star Ratings results Launch of annual vaccination campaign at CVS Pharmacy® and MinuteClinic® locations nationwide Caremark® closes out another strong selling season with contract wins totaling nearly $6.0 billion and retention in the high nineties, highlighting commitment to providing exceptional value and transparency 2025 Full-Year Guidance Updated GAAP diluted earnings (loss) per share guidance range to $(0.34) to $(0.24) from $3.84 to $3.94 Raised Adjusted EPS guidance range to $6.55 to $6.65 from $6.30 to $6.40 Updated cash flow from operations guidance to a range of $7.5 billion to $8.0 billion from at least $7.5 billion CEO Commentary "CVS Health uniquely delivers what the people we serve want the most: a connected, simpler experience that improves health and simplifies care. Our leadership team has stabilized operations and is focused on businesses and markets where we can succeed.
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NetraMark Presents AI-Driven Advances in Precision Psychiatry to Enhance Clinical Trial Designs at Joint Autumn Conference
TORONTO, Oct. 29, 2025 (GLOBE NEWSWIRE) -- NetraMark Holdings Inc. (the “Company” or “NetraMark”) (CSE: AIAI) (OTCQB: AINMF) (Frankfurt: PF0) a premier artificial intelligence (AI) company that is transforming clinical trials with AI-powered precision analytics in the pharmaceutical industry, presented two significant applications of its technology at the International Society for CNS Clinical Trials and Methodology (ISCTM) Autumn conference and the European College of Neuropsychopharmacology (ECNP) Congress. These presentations (available on NetraMark's website ) showcase the power of NetraAI in major depressive disorder (MDD) clinical trials.
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Banyan Gold - Silver Discovery with New Drilling Confirming the 2021 Results of 1841.14 g/t Ag over 16.8m at AurMac, Yukon, Canada
VANCOUVER, BC / ACCESS Newswire / October 29, 2025 / Banyan Gold Corp. (the "Company" or "Banyan") (TSXV:BYN)(OTCQB:BYAGF) is pleased to announce it has intersected visible silver mineralization in the current drill program. This confirms the high-grade silver ("Ag") first drilled in 2021, near surface in the core of the Powerline Deposit ("Powerline") at its AurMac Project ("AurMac") in the prolific Tombstone Belt, Yukon, Canada.
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Chart Industries Reports Third Quarter 2025 Financial Results
HOUSTON, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the third quarter ended September 30, 2025. On July 28, 2025 Baker Hughes (NASDAQ: BKR) and Chart entered into a definitive agreement for Baker Hughes to acquire all outstanding shares of Chart's common stock for $210 per share in cash. In the third quarter, we recorded an expense of $266 million for the merger termination fee to Flowserve (NYSE: FLS), $258 million of which was paid by Baker Hughes, and a liability of $258 million as we could be required to repay Baker Hughes in certain limited circumstances. Following shareholder approval of the transaction on October 6, 2025, repayment can only be required if Chart does not maintain certain standard representations and warranties. Although management believes it is highly unlikely that the termination fee would be required to be repaid, U.S. GAAP requires the Company to record the liability and not record the gain on extinguishment of the liability until the transaction closes, which is expected to be in mid-2026.
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Verizon Reports 3Q 2025 Earnings Reiterates Full-Year Financial Guidance
Verizon Communications Inc. (NYSE, Nasdaq: VZ) reports third-quarter 2025 results and reiterates full-year financial guidance. CEO Outlines New Vision.
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Hyperscale Data Expands Bitcoin Mining Capacity with Order of 2,000 Bitmain S21 Pro Bitcoin Miners
The Company Expects to Approximately Double its Bitcoin Mining Output on Upgraded Bitcoin Miners LAS VEGAS , Oct. 29, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that it has finalized an order for 2,000 Bitmain S21 Pro Bitcoin miners ("S21 Pro's"). This order is in addition to the previously ordered and received 2,099 Bitmain S21+ Bitcoin miners ("S21+'s"), totaling 4,099 new Bitcoin mining machines.
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Smurfit Westrock Reports Third Quarter 2025 Results
DUBLIN--(BUSINESS WIRE)--Smurfit Westrock plc (NYSE: SW, LSE: SWR) today announced the financial results for the third quarter ended September 30, 2025. Key points: Net Sales of $8,003 million Net Income of $245 million, with a Net Income Margin of 3.1% Adjusted EBITDA1 of $1,302 million, with an Adjusted EBITDA Margin1 of 16.3% Net Cash Provided by Operating Activities of $1,133 million Adjusted Free Cash Flow1 of $579 million Quarterly dividend of $0.4308 per ordinary share Smurfit Westrock p.
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WEX to Present at the KBW Fintech Payments Conference
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chief Financial Officer, Jagtar Narula, will present at the KBW Fintech Payments Conference on Wednesday, November 12, at approximately 1:10 PM ET. A webcast of the presentation will be available live on the Investor Relations section of the Company's website, http://ir.wexinc.com, or through the following address: https://event.summit.
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Central Pacific Financial Reports Third Quarter 2025 Earnings of $18.6 Million
HONOLULU--(BUSINESS WIRE)--Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income of $18.6 million, or $0.69 per fully diluted earnings share ("EPS"), for the third quarter of 2025. This compares to net income of $18.3 million, or EPS of $0.67, in the prior quarter and $13.3 million, or EPS of $0.49, in the same quarter last year. Results for the third quarter of 2025 included $1.5 million in pre-tax e.
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ESAB Corporation Announces Third Quarter 2025 Results
NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #ESAB--ESAB Corporation Announces Third Quarter 2025 Results.
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United Therapeutics Corporation Reports Record Third Quarter 2025 Financial Results
SILVER SPRING, Md. & RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--United Therapeutics Corporation (Nasdaq: UTHR), a public benefit corporation, today announced record financial results for the quarter ended September 30, 2025, driven by continued year-over-year revenue growth in key products such as Tyvaso® and Orenitram®. Total revenues in the third quarter of 2025 grew seven percent year-over-year to $799.5 million, compared to $748.9 million in the third quarter of 2024. "Our commercial an.
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Compass Pathways Appoints Dr. Jeffrey Jonas to Board of Directors
LONDON & NEW YORK--(BUSINESS WIRE)---- $CMPS #Biotech--Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, today announced the appointment of Dr. Jeffrey Jonas to its Board of Directors, effective immediately. Dr. Jonas brings more than three decades of leadership in pharmaceutical research and development, with a particular focus on neuroscience. As part of this Board transition, Thomas Lönngren will retire from his.
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Ares Direct Lending Raises $1.5 Billion for Specialty Healthcare Strategy
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that it has raised approximately $1.5 billion of capital for Ares Direct Lending's dedicated specialty healthcare strategy, inclusive of the final closing of the inaugural Ares Specialty Healthcare Fund (“ASH” or the “Fund”) and anticipated leverage. Through ASH, Ares seeks to support sponsored and non-sponsored specialty healthcare companies by providin.
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NiSource announces third quarter results
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended September 30, 2025, of $94.7 million, or $0.20 of earnings per diluted share, compared to net income available to common shareholders of $85.7 million, or $0.19 of earnings per diluted share, for the same period of 2024. For the nine months ended September 30, 2025, on a GAAP basis, NiSource's net income available to common shareh.
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Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
SAN ANTONIO--(BUSINESS WIRE)--The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend of $1.13 per share on its common stock. The dividend will be payable on December 18, 2025, to shareholders of record as of the close of business on November 20, 2025. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transp.
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ZEUS Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Olympic Steel, Inc. is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Olympic Steel, Inc. (NASDAQ: ZEUS) to Ryerson Holding Corporation for 1.7105 Ryerson shares of common stock for every Olympic share of common stock is fair to Olympic shareholders. Halper Sadeh encourages Olympic shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@h.
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Centene Stock Spikes on Third-Quarter Earnings. Here's Why.
Centene's health benefits ratio increases to 92.7% in the quarter from 89.2% in the same period last year.
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Infosys Extends Strategic Collaboration with Metro Bank to Transform Finance Operations with Workday
Enables the bank to enhance agility, insight, and employee experience to build a future-ready enterprise BENGALURU, India , Oct. 29, 2025 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with Metro Bank an independent UK bank, and Workday (NASDAQ: WDAY), the AI platform for managing people, money, and agents, to modernize Metro Bank's finance operations. As part of the transformation, Infosys and Workday will support Metro Bank to transition from legacy systems to a unified, cloud-native platform by implementing a suite of Workday solutions.
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GE HealthCare reports third quarter 2025 financial results
CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today reported financial results for the third quarter ended September 30, 2025. GE HealthCare President and CEO Peter Arduini said, “We delivered robust orders with growth across all segments in the third quarter. This was led by customer demand for our differentiated solutions and a healthy capital equipment environment. Revenue performance was driven by Imaging, Advanced Visualization Solutions, and Pharmaceutical Diagnostics, and was ah.
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Artemis jumps on high-grade gold hit at Titan East
Artemis Resources Ltd (ASX:ARV, AIM:ARV, OTCQB:ARTTF) shares surged 14% to 0.43p in London, after the company reported a standout intercept from first drilling at its Titan East prospect in Western Australia. The initial reverse-circulation hole testing an interpreted shear zone returned 5m at 13.1g/t gold from 132m, including 3m at 20.9g/t from 133m, within a 20m mineralised interval.
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Centene reports third-quarter surprise profit on low tax rate
Centene on Wednesday reported a surprise profit for the third quarter, helped by a low tax rate.
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Constellium Reports Strong Third Quarter 2025 Results; Raises Full Year 2025 Guidance
PARIS, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) ("Constellium", the "Company" or the “Group”) today reported results for the third quarter and the nine months ended September 30, 2025.
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Could This Anti-Obesity Drug Biotech Be Poised to Soar in 2026?
BioAge Labs is developing a promising weight management candidate. The medicine could have several advantages over approved anti-obesity drugs.
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Argentina to ask US appeals court to overturn $16.1 billion YPF judgment
A U.S. appeals court will on Wednesday consider whether Argentina must pay investors $16.1 billion after seizing control of state-owned oil company YPF more than a decade ago.
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Aurora Innovation, Inc. (AUR) Q3 2025 Earnings Call Transcript
Aurora Innovation, Inc. (NASDAQ:AUR ) Q3 2025 Earnings Call October 28, 2025 5:00 PM EDT Company Participants Stacy Feit - Vice President of Investor Relations Christopher Urmson - Co-Founder, CEO & Non-Independent Executive Chairman David Maday - Chief Financial Officer Conference Call Participants George Gianarikas - Canaccord Genuity Corp., Research Division Ravi Shanker - Morgan Stanley, Research Division Colin Rusch - Oppenheimer & Co. Inc., Research Division Andres Sheppard-Slinger - Cantor Fitzgerald & Co., Research Division Christopher Pierce - Needham & Company, LLC, Research Division David Vernon - Sanford C. Bernstein & Co., LLC.
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Nel ASA (NLLSY) Q3 2025 Earnings Call Transcript
Nel ASA (OTCPK:NLLSY) Q3 2025 Earnings Call October 29, 2025 3:00 AM EDT Company Participants Hakon Volldal - Chief Executive Officer Wilhelm Flinder - Head of Investor Relations Kjell Bjørnsen - Chief Financial Officer Conference Call Participants Elliott Geoffrey Jones - Danske Bank A/S, Research Division Arthur Sitbon - Morgan Stanley, Research Division Skye Landon - Rothschild & Co Redburn, Research Division Presentation Hakon Volldal Chief Executive Officer Good morning from Oslo. We are ready to announce Nel's Third Quarter 2025 Results Presentation.
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Thermo Fisher to buy clinical services provider Clario
Thermo Fisher said on Wednesday it would buy privately held data management company Clario for about $8.9 billion in cash and future payments, strengthening the life science firm's presence in digital health and clinical trial research.
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BASF SE (BASFY) Q3 2025 Earnings Call Transcript
BASF SE (OTCQX:BASFY) Q3 2025 Earnings Call October 29, 2025 3:30 AM EDT Company Participants Stefanie Wettberg - Senior Vice President of Investor Relations Markus Kamieth - CEO & Chairman of the Board of Executive Directors Dirk Elvermann - Member of the Board of Executive Directors, CFO & Chief Digital Officer Conference Call Participants Christian Faitz - Kepler Cheuvreux, Research Division Thomas Wrigglesworth - Morgan Stanley, Research Division Tony Jones - Rothschild & Co Redburn, Research Division Georgina Iwamoto - Goldman Sachs Group, Inc., Research Division Chetan Udeshi - JPMorgan Chase & Co, Research Division James Hooper - Sanford C. Bernstein & Co., LLC.
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OTIS REPORTS THIRD QUARTER 2025 RESULTS
Otis delivers 6% organic Service sales growth with strong Service operating profit margin expansion, and increases the midpoint of 2025 EPS outlook Third quarter 2025 Net sales up 4% and organic sales up 2%, driven by Service net sales up 9% with organic sales up 6% Service operating profit margin up 70 bps GAAP EPS down 29% and adjusted EPS up 9% Maintenance portfolio units up 4% Modernization orders up 27% at constant currency, backlog up 22% New Equipment orders up 4% at constant currency, up 7% excluding China Year-to-date 2025 Service net sales up 6% with organic sales up 5% Service operating profit margin up 40 bps GAAP EPS down 21% and adjusted EPS up 4% Operating cash flow of $779 million; adjusted free cash flow of $766 million Share repurchases of approximately $800 million FARMINGTON, Conn. , Oct. 29, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported third quarter 2025 net sales of $3.7 billion with organic sales up 2% versus the prior year.
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Hemogenyx shares rise after safety board backs next trial phase for CAR-T therapy
Hemogenyx Pharmaceuticals PLC (LSE:HEMO, OTC:HOPHF) shares climbed as much as 8% in early trading after the biotech company said US regulators had cleared its experimental CAR-T therapy for leukaemia to move to a higher dose level in its ongoing Phase I trial. The independent Data Safety Monitoring Board, which oversees the study, reviewed safety data from the first three adult patients treated with Hemogenyx's HG-CT-1 therapy for relapsed or refractory acute myeloid leukaemia and found no dose-limiting toxicities.
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