Lycia prices $317.52 million IPO at $18 a share
Lycia priced 17.64 million new shares at $18, with $317.52 million gross and estimated $290.7 million net proceeds. Expected 26 October delivery remains conditional.
United States Capital Markets News
Capital-markets reporting focused on the United States.
JAKKS Pacific Q3 sales rise 20%; dividend declared
JAKKS Pacific reported 20% Q3 sales growth and EPS of US$2.48 reported versus US$2.68 adjusted. A US$0.25 dividend is payable on 28 December 2026.
Gentex trims 2026 outlook after weaker Q3 sales
Gentex reduced its 2026 revenue and gross-margin outlook after Q3 sales fell to US$647.7 million. Diluted EPS was US$0.43 reported and US$0.47 adjusted.
American Express raises 2026 outlook as Q3 revenue grows 9%
American Express raised its 2026 outlook after 9% Q3 revenue growth. Reported EPS was US$5.42; adjusted EPS of US$4.68 excludes a sale gain net of restructuring.
First Citizens Adds $1.2bn Buyback Plan as Profit Slips From Q2
First Citizens reported US$606m Q3 net income versus US$672m in Q2. Diluted EPS was $51.23 versus $55.37 adjusted; a new $1.2bn buyback is authorization, not spending.
Verisign Revenue Rises 5.7% While Quarterly Profit Holds Flat
Verisign reported $443 million of Q3 revenue and about $213 million of profit. EPS rose to $2.35; its $0.81 dividend has November record and payment dates.
Western Digital Revenue Jumps 55%; Cash Dividend Raised
Western Digital reported $4.381 billion of revenue for its October 2 quarter. EPS was $4.63 reported and $4.64 adjusted; the new dividend is $0.175 a share.
CBRE Agrees £460 Million Onnec Deal to Expand Data-Centre Services
CBRE agreed to buy Onnec for £460 million cash plus up to £300 million in conditional earnouts. Closing still requires regulatory approvals.
Disc Medicine Prices $450 Million Share Offering at $75
Disc Medicine priced a $450 million follow-on at $75 a share, not an IPO. Gross proceeds exclude costs and the option; closing remains unconfirmed.
Snap-on Quarterly Sales Slip as Earnings Fall to $243 Million
Snap-on's Q3 net sales fell 0.6% to $1.184 billion and EPS fell to $4.64. Last year's $5.02 EPS included a $0.31 legal-settlement benefit.
Quest Diagnostics Raises Outlook After 10% Revenue Growth
Quest raised its 2026 outlook after Q3 revenue rose 10%. EPS was $2.78 reported and $3.00 adjusted; a separate system-access investigation remains open.
PulteGroup Home-Sale Revenue Falls 9% as Quarterly Profit Declines
PulteGroup's Q3 home-sale revenue fell 9% to $3.9 billion and net income fell to $476 million. Its $6.4 billion backlog is not revenue already earned.