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Applied Materials (NASDAQ: AMAT) profit jumped 44%, but nine-month free cash flow fell 2%
Applied Materials, Inc. increased nine-month net income 44% to $7.37 billion, but free cash flow slipped to $3.58 billion as capital expenditure jumped 35% and working capital absorbed more cash.
One year after IPO: Accelerant (NYSE: ARX) agrees to $4bn Thoma Bravo take-private
Thoma Bravo's $20.25 per share offer values Accelerant Holdings at over $4bn, ending the specialty insurance platform's year on the NYSE at a 49% premium.
Legence Corp.’s $5.67bn backlog is 80% installation work, but the margin mix may be better than Q2 suggests
Installation & Maintenance accounts for $4.55 billion of Legence Corp.’s $5.67 billion backlog and carries a 16.1% adjusted gross margin. Yet higher-margin Engineering & Consulting represents a larger share of backlog than it does of current revenue.
Intermex stock jumps 23% as Western Union acquisition moves closer despite California setback
Intermex shares surged 23% as Western Union won New York approval for its $500M takeover, but a fresh California review keeps risk alive.
Schouw & Co. shares surge 8% as stronger Q2 earnings trigger major 2026 guidance hike
Schouw & Co. raised 2026 guidance after Q2 EBITDA jumped 17%. See why broad portfolio gains sent the shares soaring nearly 8%.
Legal & General (LSE: LGEN) beats forecasts, but shrinking pension margins raise the next question for its £1.2bn buyback
Legal & General Group plc has lifted its 2026 earnings outlook after first-half core operating profit reached £918 million, but tighter pension-risk-transfer margins mean the insurer must prove that record capital returns can coexist with profitable growth.
Balfour Beatty (LSE: BBY) nears record as £23bn backlog meets margin test
Balfour Beatty hit a record after raising 2026 guidance. Can its £22.9bn order book lift US construction and power margins further?
Applied Materials (Nasdaq: AMAT) slides after record Q3 and $10.25bn guide
Applied Materials hit record Q3 revenue and guided to US$10.25bn for Q4. Can AI chip demand justify AMAT's demanding valuation?
ASX Limited (ASX: ASX) jumps 9% as A$536m profit meets FY27 cost surge
ASX Limited surged 9% after FY26 profit rose, but FY27 costs could climb 21%. Can trading growth outrun the technology rebuild?
Muthoot Fincorp’s Rs 3,000cr IPO could imply a Rs 30,000cr valuation if dilution stays near 10%
Muthoot Fincorp Limited has filed for a ₹3,000 crore fresh-equity IPO after previously signalling dilution of at least 10%. If dilution settles at exactly 10%, the math points to a ₹30,000 crore post-money valuation and roughly 16 times FY26 profit.