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The Marked Chart Wire · Business
IDBI Bank
Workers and politicians oppose the $5.5 billion takeover of IDBI Bank by a Canadian firm. IDBI staff are asking the government to cancel the privatization process to protect public investment.
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Merck
Merck has agreed to exit its US contract development and manufacturing organization business by selling the division to Lonza.
Philips
Koninklijke Philips reported a sharp drop in third-quarter profit due to a Respironics settlement provision, while adjusted EBITDA increased on higher sales. The company maintained its full-year 2026 outlook.
Palantir
Palantir posted $2.3 billion in sales for the third quarter, marking a 96 percent jump from the prior-year period.
BioMarin
BioMarin projects full-year 2026 revenue between $3.8 billion and $3.9 billion. The company also noted $70 million in order deferrals.
Vertex
Vertex Pharmaceuticals projects 2026 revenue between $13.15 billion and $13.25 billion. The guidance includes $40 million to $50 million from Crinetics.
HotGrab Earnings
Grab Holdings reported that third-quarter revenue increased by 27 percent. The company also raised its financial guidance, causing the stock to move in after-hours trading.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.