Business

Disseqt AI wins KPMG Tech Award, to compete globally
Disseqt AI Limited, a portfolio company of Mindflair plc, has won the KPMG Global Tech Innovator Ireland competition. The company will represent Ireland at the global final in Lisbon.

Japan approves subcutaneous Leqembi pen for early Alzheimer's
Japan became the third country to greenlight the autoinjector formulation of Leqembi, allowing weekly at-home 500 mg doses for early-stage Alzheimer's patients.

ZKB and Profond Launch Automatic Pension Data Display in eBanking
The Zürcher Kantonalbank and pension provider Profond have integrated second‑pillar pension data into ZKB’s eBanking platform, allowing customers to view retirement assets automatically upon consent. The service, developed with M&S Software Engineering AG, uses the SFTI Open Pension standard and is available immediately.

American Integrity Cites Florida Reform as Driver of Growth at KBW Insurance Conference 2026
American Integrity reported strong policy growth and a 41% six‑month stock gain, crediting 2022‑2023 Florida legislative reforms that reduced litigation pressure and eased the insurance market environment.

Replimune Details TujuCare Launch Strategy, Pipeline Milestones at Cantor Conference
Oncology biotech outlines commercial rollout for newly approved TujuCare and shares update on late-stage melanoma, skin cancer, and uveal melanoma programs.

Nextpower at Barclays Energy Conference: Diversification Gains Speed
Nextpower reports on progress in diversification, revenue growth, and market expansion at the Barclays Energy-Power Conference, highlighting its strategic acquisitions and financial performance.

D2L posts modest revenue growth, narrows loss as ARR rises 5% in Q2 FY2027
Revenue climbed 2% to $55.6 million and ARR grew 5% to CAD 223.4 million, while net loss narrowed to CAD 3.1 million; the company trimmed its FY2027 guidance.

Scholar Rock Eyes September FDA Call on SMA Drug Apitegromab
Shares rose as CEO David Hallal highlighted strong clinical data and manufacturing progress ahead of a September 30 PDUFA deadline for the myostatin inhibitor.

X4 Pharmaceuticals Raises Outlook After Trial Reset at Wells Fargo Conference
X4 Pharmaceuticals lowered its Phase III 4WARD trial sample size to 126 patients and adjusted statistical power, but executives say the redesign strengthens the path to data in early 2026 and potential approval by 2028-2029.

Culp Beats Q1 Estimates on Margin Expansion, Shares Rise in After-Hours
Culp posted Q1 fiscal 2027 EPS of $0.47 versus $0.44 expected, with revenue of $54 million and gross margin doubling to 28.5%. Shares gained 4.9% after hours.

UBS CEO Warns Overly Strict Swiss Capital Rules Would Hurt Bank
Before a parliamentary vote, UBS chief Sergio Ermotti said proposed rules requiring foreign subsidiaries to be fully backed by hard capital would impose an extra $13 billion burden on the bank and affect customers and staff.

Solidgate Brings Klarna Payment Options to Merchants Across Europe
Payment orchestration platform Solidgate has integrated Klarna's flexible payment methods into its system, giving merchants in Central and Eastern Europe access to installment and pay-later options.

GE Aerospace CFO projects strong 2026 growth on backlog and CPP acquisition
At Morgan Stanley's Laguna conference, GE Aerospace highlighted a $210 bn backlog, a $200 m synergies from the Chromalloy acquisition and guidance for double‑digit profit and cash‑flow growth in 2026.

NEXT Reports H1 2026 Revenue Beat, Stock Rises 2.5%
NEXT plc reported a 9% increase in total group sales and a 10.5% rise in profit, exceeding revenue expectations by $200 million. The stock climbed 2.5% to $14,920.

AECOM, Jacobs JV Awarded Dublin MetroLink Delivery Role
Transport Infrastructure Ireland selects the AECOM-Jacobs partnership as program delivery partner for Ireland's flagship metro rail project.

Blackstone to Buy Data Center Cooling Maker Flow Control
Private equity giant Blackstone is acquiring Flow Control Holdings from Audax Private Equity; the Cincinnati-based firm supplies liquid-cooling components for AI data centers.

Hormel Foods Names Paul Kuehneman Chief Accounting Officer
The $12 billion-plus foodmaker promoted its interim CFO to chief accounting officer, adding oversight of the tax function.

AstraZeneca's Etcamah Trial Fails to Hit Primary Endpoint
AstraZeneca's SERENA-4 Phase III trial missed its primary endpoint for progression-free survival in first-line estrogen receptor-positive breast cancer, though a numerical improvement was observed.

Asia Strategic Holdings Selects OneStop Assurance as New Auditor
Shareholder approval required for Singapore-based auditor’s appointment amid BDO’s exit for statutory reporting

PennyMac Financial Hits 52-Week Low After Second-Quarter Earnings Miss
PennyMac Financial Services fell to a 52-week low after reporting second-quarter earnings and revenue that significantly missed analyst estimates, prompting two Wall Street firms to adjust their outlooks.

Lucid and Bolt to deploy 25,000 robotaxis in Europe
US electric vehicle manufacturer Lucid Group and European mobility platform Bolt plan to build a fleet of 25,000 autonomous vehicles in European cities, part of a goal to expand their autonomous fleet to 10,000 vehicles by 2035.

Whirlpool Stock Hits 52-Week Low as Q2 Earnings Miss Widens Concerns
Whirlpool shares fell to $35.37 after second-quarter adjusted earnings of minus $0.21 per share missed estimates, while North American appliance production data showed no recovery.

Urban Outfitters reports growth across brands, margin discipline at Barclays conference
URBN posted six straight quarters of double-digit top-line growth, with FP Movement and Nuuly approaching half-billion-dollar revenue thresholds.

Lovesac Posts Q2 EPS Beat, But Shares Drop on Margin Concerns
The Lovesac Company reported a $0.51 per-share profit for Q2 fiscal 2027, significantly beating forecasts of a $0.36 loss, but shares fell nearly 10% as results relied heavily on tariff refunds.

Keurig Dr Pepper accelerates corporate split plan toward 2027
KDP told the Barclays Global Consumer Conference it is targeting a 2027 separation into BevCo and Global Coffee Co., ahead of full-year revenue guidance of $25.9B–$26.4B.

