Retailers can now automate complex inventory and pricing tasks through conversational prompts as Montreal-based Lightspeed Commerce rolls out new agentic AI capabilities. The platform shift moves the technology beyond simple data analysis, allowing the software to actively execute changes across a merchant’s catalog, purchasing, and sales systems.
FMC Corporation shares cratered 40% in premarket trading Thursday, hitting $4.82, after the agricultural-sciences firm slashed its third-quarter revenue outlook. The company now expects revenue to fall between $65 million and $125 million, a drastic collapse from its prior projection of up to $900 million.
Park your car outside and clear of any structures: Hyundai has issued an urgent recall for 94,622 Genesis vehicles due to a persistent defect in the front power-seat motors. A stuck control switch can trigger overheating, creating a genuine risk of fire whether the vehicle is parked or in motion.
Marsh & McLennan outperformed market expectations this quarter, reporting $6.86 billion in revenue and adjusted earnings of $2.03 per share. The professional services firm saw consistent demand across its primary business lines, comfortably clearing the $1.97 per-share profit target set by analysts surveyed by FactSet.
A $208 million cash infusion is set to reshape the portfolio of Buffalo-based Gibraltar Industries as the company offloads its D.S. Brown infrastructure division. The buyer, French industrial heavyweight Saint-Gobain, gains a foothold in specialized bridge and highway solutions through this all-cash transaction expected to finalize by year-end.
Commercial Metals posted a quarterly profit of $212.5 million, a significant increase from the $151.8 million reported during the same period last year. Driven by a doubling of sales in its construction solutions unit and improved metal margins, the firm outperformed analyst expectations for both earnings and total revenue.
A surge of new business across North America has bolstered ADF Group’s order book, with the steel-structures manufacturer locking in 82 million Canadian dollars—equivalent to 57.6 million U.S. dollars—in fresh project commitments across the hydroelectric and recreational sectors.
U.S. Bancorp reported a sharp climb in third-quarter profitability, with net income reaching $2.20 billion. The lender outperformed Wall Street expectations by delivering earnings of $1.34 per share, buoyed by an 8% expansion in total loans that offset rising operational costs and increased provisions for potential credit losses.
Nova Scotia’s space sector reached a turning point as Maritime Launch Services secured conditional approval to transition from Cboe Canada to the Toronto Stock Exchange. The move marks a strategic shift for the firm as it accelerates the development of Canada’s first commercial orbital launch complex.
To integrate the recent acquisition of Sanity Group, cannabis producer Organigram Global is dismantling its legacy business model in favor of a centralized structure. By streamlining Canadian manufacturing and shedding underperforming product lines, the firm aims to eliminate operational redundancies and pivot toward higher-margin profitability.
Penske Automotive Group is lifting its quarterly dividend by 1.4%, marking the 24th consecutive increase for the Michigan-based transportation firm. The payout will rise to $1.46 per share, a move that arrives even as the company navigates its pending transition to private ownership under Penske Corp. and Mitsui.
After two decades of shaping Hamilton Lane’s strategy from the boardroom, Hartley Rogers is moving into the firm’s executive suite. The long-standing chairman will now serve as co-CEO alongside Juan Delgado-Moreira, marking a significant leadership transition for the private markets investment firm.
Becky Frankiewicz will take the helm of ManpowerGroup on January 1, succeeding long-time leader Jonas Prising. As the firm’s fifth CEO in its 80-year history, Frankiewicz is tasked with steering the global employment giant through a fundamental shift toward agentic artificial intelligence and modernized commercial strategy.
With sales in the U.S. and China faltering, Pernod Ricard is preparing for a potential initial public offering in India. The French distiller reported a 19% surge in Indian sales between July and September, positioning the world’s most populous nation as a vital counterbalance to cooling demand in its core markets.
A 10% plunge in Mondi’s share price on Thursday morning reflects investor alarm over the packaging giant’s third-quarter performance. The company’s underlying earnings fell to 196 million euros, missing analyst expectations of 209 million euros as relentless energy expenses continue to squeeze profit margins through the end of the year.
Ten-year Treasury and German Bund yields touched multiweek lows during early European trading on Thursday, a sharp reversal from the aggressive selloff triggered by Wednesday’s hotter-than-expected U.S. inflation report.
German gas importer Uniper has locked in leadership stability by extending CEO Michael Lewis’s contract for an additional five years. The decision, finalized by the supervisory board well ahead of his current 2028 expiration, anchors the executive to the company until October 2031 in a bid to secure long-term strategic direction.
Sweden has awarded Saab a 1.3 billion kronor contract to engineer a next-generation flight control computer for its Gripen fighter fleet. This investment aims to replace legacy hardware with a modernized architecture, ensuring the platform remains capable and secure against evolving military requirements through the coming decade.
The Nikkei Stock Average shed 4.9% on Thursday to close at 64,425.95, marking its steepest single-day decline since March. The selloff, which rippled across semiconductor giants and broader Asian indices, signals a sharp investor retreat from high-valuation tech plays amid rising U.S. Treasury yields and cooling enthusiasm for capital-intensive AI infrastructure.
The Nikkei Stock Average plummeted 5% on Thursday, marking its most severe daily decline since March as investors aggressively shed semiconductor holdings. The rout signals a broader retreat from artificial intelligence stocks, fueled by cooling sentiment toward capital-intensive tech infrastructure and shifting expectations for Federal Reserve interest rate policy.
A sharp retreat in global equities intensified across Asia on Thursday, triggered by a combination of stubborn U.S. inflation data and mounting anxiety over the debt loads fueling the artificial intelligence infrastructure boom. The contagion marks a shift from a localized tech correction into a broader, risk-off market event.
A sharp bond selloff triggered by hotter-than-anticipated U.S. inflation data cooled during Asian trading hours on Thursday. Investors recalibrated their expectations for Federal Reserve policy, while a 1.4% dip in Brent crude prices to $104.58 per barrel provided additional relief to the Treasury market.
TotalEnergies expects a robust third quarter in 2026, fueled by a sharp rise in refining margins and high demand for liquefied natural gas. Despite ongoing instability in the Middle East, the energy giant anticipates production levels reaching up to 2.5 million barrels of oil equivalent per day.
Investors pushed shares of Muji parent Ryohin Keikaku to an all-time peak of 4,855 yen on Thursday, responding to a robust fiscal performance. The 11% intraday surge reflects market optimism after the retailer reported a 50% jump in annual net profit, cementing its current growth trajectory in the competitive retail sector.
Singaporean developers moved 296 private residential units in September, nearly doubling the previous month’s total of 153. This surge marks a recovery from the traditional mid-August lull associated with the seventh month of the lunar calendar, signaling renewed buyer activity that outpaced the 255 units sold during the same period last year.
The Australian Securities and Investments Commission has cleared WiseTech Global cofounder Richard White of allegations regarding suspicious share trading. Following the announcement that no enforcement action will be taken against White or two other employees, the logistics-software provider saw its shares climb to a five-week high.
A sharp retreat in U.S. technology stocks triggered a wave of selling across Asia on Thursday, as investors grappled with sticky inflation data and the growing possibility of an October Federal Reserve rate hike. The sentiment shift wiped billions from major indices, led by a steep decline in semiconductor giants.
The Australian labor market suffered an unexpected blow in September, shedding 39,300 jobs and defying economist forecasts of growth. This sharp decline, driven by a massive retreat in part-time roles, signals a cooling economy that complicates the Reserve Bank of Australia’s path toward curbing inflation.
After navigating a series of market-driven delays, Tennessee-based metal powder manufacturer Amaero has priced its initial public offering at $4.25 per share. The company, which specializes in refractory and titanium alloy production, is set to begin trading on the Nasdaq Capital Market this Thursday under the ticker symbol AMRO.
A Phase 3 clinical trial of VQW-765 has collapsed, failing to demonstrate a statistically significant reduction in social anxiety among participants. The drug, intended to treat performance-related distress, showed no meaningful improvement over a placebo during testing, forcing the company to place the entire development program on indefinite hold.
