Financial Disclosure

PLP Q3 Sales Jump 18% to $209.5M as Gross Margin Gains 370 bps

Image
PLP Q3 Sales Jump 18% to $209.5M as Gross Margin Gains 370 bps

CLEVELAND – October 29, 2026 -- Preformed Line Products (NASDAQ: PLPC) lifted third-quarter 2026 net sales 18% to $209.5 million, from $178.1 million a year earlier, while gross margin widened 370 basis points to 33.4%.

Net income reached $18.0 million, or $3.56 per diluted share, against $2.6 million, or $0.53 per share, in Q3 2025. Adjusted for charges tied to the U.S. Pension Plan termination in Q3 2025, diluted EPS rose 70%. Currency translation added $3.1 million to quarterly sales and $0.4 million to net income.

PLP-USA drives growth on transmission and distribution demand

PLP-USA delivered more than $100 million in net sales for the second consecutive quarter, driven mainly by transmission and distribution markets. For the first nine months, PLP-USA net sales grew 28%.

Equinix Raises 2026 Guidance as Q3 Bookings Jump 35% to $533M

Image
Equinix Raises 2026 Guidance as Q3 Bookings Jump 35% to $533M

REDWOOD CITY – October 29, 2026 -- Equinix raised its full-year 2026 guidance for the third consecutive quarter after record annualized gross bookings of $533 million, up 35% year over year, and third-quarter revenue of $2.571 billion.

Revenue rises 11% as profit measures grow faster

Revenue increased 11% year over year as reported and 12% on a normalized and constant currency basis. Operating income climbed 27% to $600 million. Net income attributable to common stockholders rose 31% to $489 million, or $4.93 per share, up 29%. The result includes a non-recurring fee earned in connection with the atNorth joint venture investment.

MGM Resorts Q3 Adjusted EBITDA Falls to $403M as Strip Margins Slip

Image
MGM Resorts Q3 Adjusted EBITDA Falls to $403M as Strip Margins Slip

LAS VEGAS – October 29, 2026 -- MGM Resorts International (NYSE: MGM) cut its third-quarter net loss to $17 million from $285 million a year earlier, even as consolidated Adjusted EBITDA fell to $403 million from $506 million on lower Las Vegas room rates and weaker regional profit.

Consolidated revenue for the quarter ended September 30, 2026, was $4.2 billion, down 1%. Diluted loss per share was $0.07 versus $1.05 in the prior-year quarter. Adjusted EPS swung to a loss of $0.11 from a profit of $0.24.

Las Vegas Strip segment EBITDAR drops 12% on softer room rates

Las Vegas Strip Resorts generated $2.0 billion in revenue, down 2%. Segment Adjusted EBITDAR fell to $531 million from $601 million. CEO Bill Hornbuckle said lower third-quarter room rates hit results but that "October has rebounded favorably." He added that trailing-twelve-month Strip Adjusted EBITDAR has grown nearly 70% since calendar 2019.

YYForce Targets $20M Malaysian Revenue in FY2027, Doubling FY2026

Image
YYForce Targets $20M Malaysian Revenue in FY2027, Doubling FY2026

Singapore – October 29, 2026 -- YYForce Inc. (NASDAQ: YFOR) is targeting US$20 million in revenue from its Malaysian operations in fiscal 2027, roughly 100% above management's expectation of about US$10 million for FY2026.

The target follows new service agreements signed by the Malaysian subsidiary with international hotel operators, alongside continuing commercial service robotics deployments. The company stresses that the figure is a management objective, not revenue secured under signed contracts.

Delivery depends on execution, retention and working capital

YYForce lists contract implementation, customer service volumes, retention and renewals, additional business development, and the availability of personnel, equipment and working capital as conditions for reaching the target. The FY2026 base is a current expectation rather than a completed full-year result and remains subject to finalization.

Civitas Provides $386M Loan for 700-Key InterContinental Orlando

Image
Civitas Provides $386M Loan for 700-Key InterContinental Orlando

DALLAS – October 29, 2026 -- Civitas Capital Group has provided a $386 million senior construction loan to Flag Luxury Group and Unicorp National Developments for the InterContinental Orlando, a 700-key luxury hotel on International Drive.

Loan funds a 700-room hotel with 105,000 square feet of meeting space

The project at 8001 International Drive includes multiple food and beverage outlets and about 105,000 square feet of meeting and pre-function space. It also includes a six-level parking garage with roughly 730 spaces. A conservatory, spa, fitness center, club lounge and pool complete the amenity package.

Guest rooms will average about 471 square feet. The room mix includes 33 junior suites, 50 suites and five VIP and presidential suites, along with the brand's Club InterContinental lounge.

Core Lab Q3 Revenue Rises 6% to $132.1M on International Demand

Image
Core Lab Q3 Revenue Rises 6% to $132.1M on International Demand

HOUSTON – October 29, 2026 -- Core Laboratories (NYSE: CLB) posted third-quarter 2026 revenue of $132.1 million, up 6% sequentially and down 2% year over year, as international demand lifted both operating segments.

Ex-items operating income climbs 35% sequentially but trails last year by 24%

GAAP operating income was $12.1 million, and GAAP earnings per diluted share were $0.12. Operating income excluding items reached $12.6 million, up 35% sequentially and down 24% year over year. That yielded a 10% operating margin and sequential incremental margins of 43%. EPS excluding items was $0.16, up 46% from the prior quarter and down 27% from a year earlier.

CEO Larry Bruno cited growth in Europe-Africa, Asia-Pacific, Latin America and the Middle East, and described a "gradual improvement" in Middle East activity late in the quarter. He said geopolitical conflicts in the Middle East and Russia-Ukraine still weigh on parts of the business.

West Fraser Idles Alabama OSB, Arkansas Mills After $80M Q3 Loss

Image
West Fraser Idles Alabama OSB, Arkansas Mills After $80M Q3 Loss

VANCOUVER – October 29, 2026 -- West Fraser Timber will indefinitely curtail its Huguley OSB mill in Lanett, Alabama and its lumber mill in Leola, Arkansas, and expects a $200 million to $220 million asset impairment loss in the fourth quarter of 2026. The company also reported a third-quarter net loss of $80 million, or $1.03 per diluted share.

Two U.S. mills to come offline in Q4 after orderly wind-downs

The curtailments will cut annual OSB capacity by 500 million square feet (3/8-inch basis) and Southern Yellow Pine (SYP) lumber capacity by 225 million board feet. West Fraser attributed the decision to continued weakness in demand for wood products used in new home construction and in repair and renovation.

CEO Sean McLaren said the company has "no near-term visibility" on a demand recovery. He also cited higher energy-related input costs.

MGM China Posts Record Q3 Revenue of HK$8.9B, 17.1% Share

HONG KONG – October 29, 2026 -- MGM China Holdings (SEHK: 2282) reported record third-quarter revenue of approximately HK$8.9 billion, up 5% year-on-year, and adjusted EBITDA of approximately HK$2.4 billion. Both figures are all-time highs for any third quarter, according to unaudited results for the three months ended September 30, 2026.

MGM China lifts Macau market share to a record 17.1%

MGM COTAI took a 10.5% share and MGM MACAU 6.6%. Daily visitation across the Company's properties rose 10% year-on-year, and daily gross gaming revenue (GGR) increased 5%. Mass GGR, including slot operations, also grew 5%. Occupancy reached 94.1%, up from 93.5% a year earlier.

Honeywell Aerospace Lifts Guidance, Declares First $0.40 Dividend

Image
Honeywell Aerospace Lifts Guidance, Declares First $0.40 Dividend

PHOENIX – October 29, 2026 -- Honeywell Aerospace (Nasdaq: HONA) raised its full-year 2026 pro forma standalone adjusted earnings per share and second-half free cash flow guidance after third-quarter sales rose 2% to $4.6 billion, and its board declared an inaugural quarterly dividend of $0.40 per share.

Net income came to $0.7 billion. Adjusted EBIT rose 1% to $1.2 billion, even with new costs of operating as an independent public company and a net benefit of about $50 million from International Emergency Economic Powers Act (IEEPA) tariff refunds. The company kept its full-year organic sales outlook and narrowed its adjusted EBIT guidance range.

JELD-WEN Offers 2031 First-Lien Notes at up to 11.5% in Debt Swap

Image
JELD-WEN Offers 2031 First-Lien Notes at up to 11.5% in Debt Swap

CHARLOTTE – October 29, 2026 -- JELD-WEN Holding, Inc. (NYSE: JELD) has launched an exchange offer that would swap its 4.875% Senior Notes due 2027 for new first lien senior secured notes due 2031 and raise up to $410.2 million in new money, with holders of about 94.5% of the old notes already committed to tender.

Backstop commitments cover 70% of the old notes

Holders representing roughly 70.0% of the old notes have committed to buy their agreed share of the up to $410.2 million in New Notes at $1,000 per $1,000 principal amount. The commitment covers any portion that other eligible holders do not subscribe for or fail to fund. The new money issuance shrinks dollar-for-dollar to the extent lenders holding Existing Term Loans decline to sell in a concurrent Dutch auction.