Business

Legend Biotech presents 5‑year CARVYKTI data in relapsed myeloma
At the 2026 International Myeloma Society meeting, Legend Biotech reported 69.2% five‑year overall survival and 50% progression‑free rate in a 20‑patient cohort treated with CARVYKTI.
Zambia's 100 MW Maamba Solar Plant Begins Grid Injection
The Maamba Solar PV Project has started delivering power to Zambia's national grid under a 20-year PPA with ZESCO, adding 100 MW of solar capacity just as the country prepares for El Niño-related hydropower stress.

Cipher Digital Extends Barber Lake Data Center Lease to 20 Years, Adding $5.2 Billion Revenue
Cipher Digital has amended its lease for the Barber Lake facility in Texas, extending the term from 10 to 20 years and securing a binding commitment with an AI lab for an additional decade. The move raises total contracted revenue from $3.8 billion to over $9 billion, with the tenant sharing half of any cost overruns above a $359.3 million threshold.

Black Rock Coffee Bar opens 13th Austin-area location in Leander
The family-owned coffee chain, which operates more than 200 stores across seven states, marked its latest Texas expansion with a grand opening Monday.

UL Solutions warns against unauthorized carbon monoxide detectors sold on Amazon
Certification body issues public notice for Protech International PTH-24D units bearing fake UL marks, advises consumers to remove them from service immediately.
Alten H1 Revenue Beats Forecast; Shares Rise 6.5%
Engineering services firm Alten reported H1 2026 revenue of €2.01 billion and raised full-year organic growth guidance to 1.7%-1.9%, sending shares up 6.5%.
Amundi ETFs to Pay $0.107 Dividend Oct. 5
Amundi Index Solutions will distribute $0.107 per share to investors in its Euro STOXX 50 and Nasdaq-100 Target Income ETFs, with payment scheduled for Oct. 5.

ALTEN H1 2026 profit jumps 38% as margins improve
French engineering firm ALTEN posted a 38% rise in net income to €113.8 million in the first half of 2026, lifted operating margin to 8.9% and raised full‑year guidance.
McGee Air Services Names Ben Reed President
Alaska Air Group subsidiary appoints 17-year veteran to lead its ground-services operation overseeing 3,200+ employees across six airports, effective Oct. 1.

Honeywell Declares $0.70 Quarterly Dividend
The Charlotte-based automation firm announced its latest quarterly dividend payment, with a record date of Nov. 13 and payment set for Dec. 4.

UBS Weighs Strategic Options Including Possible HQ Relocation Over Swiss Capital Rules
Switzerland's largest bank considers moving its headquarters as regulators push a 90% CET1 capital requirement for foreign subsidiaries, adding roughly $16 billion in new capital costs.
Armour Residential REIT Hits 52-Week Low After Earnings Miss
Armour Residential REIT's stock touched $14.05 after second-quarter distributable earnings fell short of estimates, though the company kept its $0.24 monthly dividend.

Brightray signs non-binding deal for Macao AI data center project
BUUU Group unit Brightray entered a framework agreement for a 40MW prefabricated AI data center in Coloane, with delivery targeted for Q3 2027.


Island, Cyera Lead $800M Week of Cybersecurity Funding
Two cybersecurity firms each raised $400 million in the largest U.S. startup funding rounds of the week, topping a list that also included significant bets on AI and biotech.
Bristol Myers' Zenbexus shows higher response rates in myeloma trial
Phase 3 EXCALIBER‑RRMM data presented in Glasgow show Zenbexus plus daratumumab and dexamethasone more than doubled MRD‑negative complete responses versus the standard regimen.
Accsys shareholders approve all 15 AGM resolutions, appoint Deloitte as auditor
Accsys Technologies PLC shareholders backed every proposal at its annual meeting, including a switch from PwC to Deloitte and new share issuance authorities.

Bernstein Downgrades Deutsche Telekom on T-Mobile US Risks; BT Named Top European Telecom Pick
Analysts cut Deutsche Telekom’s valuation amid uncertainty over a potential U.S. merger and German broadband competition, while BT’s outlook improves with Openreach stabilization and reduced capital expenditure.
Nauticus Robotics seeks up to $50M strategic investment
Houston-based Nauticus Robotics outlines a non-binding letter of intent for a potential equity investment to advance autonomous ocean robotics.

Crypto and TradFi Clash Over Tokenized Assets, Payments
Binance invests $100M in Circle, Canada’s big banks test tokenized deposits, and the NYSE partners with Blockchain.com — all signals of a turf war between crypto firms and traditional finance.

Philogen H1 2026 cash tops EUR 300 million as pipeline advances
Philogen SpA reported cash reserves exceeding EUR 300 million in H1 2026, up from EUR 100 million in H1 2025 and EUR 64 million in H1 2024. The company also reported an EBITDA loss of EUR 20 million for the period.
Cegedim H1 margins expand as revenue growth stays flat
French healthcare software firm reports adjusted EBIT up 6.9% to €19.7m on 0.7% revenue growth, with margin expanding to 6.1%.
Orbit Garant Drilling Reports Record Q4 Revenue, Posts Net Loss
Orbit Garant Drilling posted record Q4 and full-year revenue, but a drop in margins and higher costs drove a net loss. Stock fell after hours.

Ferrellgas Reports Widening Q4 Loss Despite Higher Adjusted EBITDA
Propane marketer posts mixed fourth-quarter results as adjusted EBITDA rises 3% to $23.8 million but net loss widens to $31.5 million on higher interest expense and warmer-than-normal weather.

Eversource Energy Shares Hit 52-Week Low After Weak Q2 Earnings
The utility stock fell to $63.43 after second-quarter results missed Wall Street estimates, dragged down by non-cash charges linked to a water-asset sale and offshore wind project.

UL Solutions flags unauthorized UL marks on Amazon hand warmers
UL Solutions issued notice 26PN-0213 warning that rechargeable hand warmers sold on Amazon bear UL marks without certification and may not meet safety standards.









