Companies
Digital Realty Raises Growth Outlook as AI Demand Pushes Backlog to $2.3 Billion
Data center REIT Digital Realty upgraded its FFO growth forecast to double digits, citing a $2.3 billion lease backlog and a development pipeline that doubled to $20 billion on surging AI-driven demand.
Opera targets $1 billion revenue as e‑commerce share tops 50%
Opera reported revenue of $738 million, a 20%+ annual growth rate, and said e‑commerce now accounts for over half of its advertising income, with a $1 billion revenue goal ahead.
PayPal CEO Unveils Deeper Reset at Goldman Sachs Tech Conference
PayPal outlined cost-cutting targets, new segment reporting, and a shift toward consumer-facing services as its turnaround strategy extends beyond initial plans.
Salesforce Touts AI Agent Strategy, Outcome-Based Pricing at Goldman Sachs Conference
Salesforce executives outlined AI agent products and a shift away from seat-based pricing at the Goldman Sachs Communacopia conference, revealing Agentforce 1 Edition costs $550.
United Therapeutics details fibrosis pipeline expansion at Cantor conference
The company outlined a roadmap of up to 14 new launches through 2029, led by nebulized Tyvaso and ralinepag, projecting it could become a $50B–$100B revenue pharma by the early 2030s.
Simon Property Group Prices $800 Million Senior Notes Offering
Simon Property Group has priced an $800 million senior notes offering, with proceeds earmarked to help repay $750 million of outstanding 3.250% notes due 2026.
Public Storage prices C$400 million debt offering in Canada
The self-storage operator sold C$400M of fixed-rate senior notes due 2033 at par, marking its first debt issuance in the Canadian market.
Spartacus Metals Raises C$829,500 in Private Placement
TSXV-listed SPAR sells nearly 8 million units at C$0.105 each to fund lithium asset transfer, working capital, and board appointments.
Sinclair Sees Political Ad Revenue Surpassing Prior Record in 2026 Cycle
The broadcaster raised its full-year political-ad guidance to $375 million plus and outlined spectrum monetization prospects tied to the pending ATSC 3.0 transition.
Bio-Rad Outlines Margin Expansion Plan at Wells Fargo Healthcare Conference
Bio-Rad Laboratories projects mid-teens operating margins en route to a long-term 20% target, citing restructuring savings and strong digital PCR demand as key drivers.
Nestle Weighs Options as Kremlin Seizes Russian Business Assets
The Swiss food giant is considering responses after Russia moved to take control of its Russian operations.
Acumen Reports Phase I Sabirnetug Data, Outlines Phase II Alzheimer Trial Plan
Acumen Pharmaceuticals presented interim Phase I safety and biomarker data for its anti-amyloid oligomer antibody sabirnetug and detailed plans for the ALTITUDE-AD Phase II study targeting early Alzheimer's disease.
Solid Biosciences outlines DMD, Friedreich’s ataxia trials at Cantor Fitzgerald conference
Gene-therapy firm reports dosing progress, regulatory timelines and comparative vector data for its DMD and FA programs during the 12th Annual Cantor Fitzgerald Global Healthcare Conference.
TMX Group Prices C$1.1 Billion Senior Unsecured Debt Offering
Toronto-based exchange operator raises C$1.1B via three-series private placement of senior unsecured debentures, expected to close Sept. 22.
Shoulder Innovations Taps ALM Ortho for Custom Implants in US
Shoulder Innovations (SI) has entered an exclusive U.S. partnership with ALM Ortho to offer patient-specific titanium implants for complex shoulder reconstruction cases.
Cohen & Steers AUM Falls to $101 Billion in August
The real-asset investment manager reported a $1.5 billion decline in August AUM, with market depreciation of $1.9 billion partially offset by $528 million in net inflows.
Vesta Repays $105 Million Debt Ahead of Schedule
The Mexican industrial real estate owner paid off $60 million of senior notes and $45 million of term loans early, retiring associated covenants and interest obligations.
Wayfair bets growth on market-share gains at Goldman Sachs conference
E-commerce furniture retailer outlines store expansion, margin improvements and 10-20% organic growth target at San Francisco event.
Design Therapeutics Focuses on Biomarkers at Cantor Conference
The company presented updates on its lead program DT-216 for Friedreich ataxia, showcasing clinical data and regulatory strategy.
Dine Brands Accelerates Dual-Branded Strategy, Eyes 200 Units by End of 2027
CEO John Peyton told Barclays conference attendees that 45 dual-branded Applebee's-IHOP sites are now open, with about 80 expected by year-end 2026 and a long-term runway of roughly 900 opportunities across the U.S.
Apollo EMEA CIO Says European Access to Capital Remains Constrained
Speaking at a J.P. Morgan leveraged finance conference, Apollo's Europe, Middle East and Africa chief investment officer highlighted ongoing funding headwinds in European markets.
Akamai forecasts low‑teens CIS growth as edge compute deals hit $2.8 bn
Akamai Technologies said its Compute, Intelligence and Security unit will grow at low‑teens next year, driven by $2.8 bn of edge‑compute contracts and margins in the mid‑60s to mid‑70s percent range.
Dell Reports $9.5B AI Server Backlog as Enterprise Computing Expands
Dell's AI server backlog reached $9.5 billion at quarter-end, while PC revenue climbed 20% and the company sees a structural semiconductor shortage worsening in 2027.
Huachen Signs Framework Deal With Hong Kong's Beyinda
China-based smart-parking firm Huachen entered a non-exclusive cooperation agreement with Hong Kong manufacturer Beyinda to expand its metal-component sales in mainland China.