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The Marked Chart Wire · Business
HotKontoor Brands
Kontoor Brands reported adjusted earnings per share of $2.06, surpassing the $1.35 estimate. Revenue came in at $872.854 million, exceeding the projected $692.857 million.
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Wendy's Takeover
The fast-food chain has declined an acquisition offer from a group headed by Trian Partners. No further details were provided regarding the terms of the rejected deal.
HotAirbnb
Airbnb is scheduled to release its third quarter results on November 5. Analysts project earnings per share of $2.85 and revenue of $4.75 billion, both up from the prior year.
Cigna
The insurer increased its 2026 adjusted earnings per share target following third-quarter results that surpassed analyst estimates.
HotAngloGold Ashanti
The gold miner reported non-GAAP earnings per share of $1.55, missing expectations by $0.25. Revenue came in at $2.56 billion, falling short of forecasts by $300 million.
Toyota
Toyota Motor stock increased on Thursday following the company's decision to lower its annual sales guidance, a rare occurrence for the automaker.
ACM Research
ACM Research reported quarterly results that exceeded analyst expectations for both revenue and profit. The company also increased its guidance for the full fiscal year 2026.
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