Grafa News and Videos — Page 486

• Guzman y Gomez posted $1.38 billion in FY26 network sales but logged a $26.7 million statutory net loss due to one-off costs from closing its US operations.
• The company generated $53.4 million in underlying net profit after tax.
• Rising capital demands abroad are forcing quick-service dining brands to pivot towards local restaurant rollouts, margin expansion, and higher dividend payouts.

• Ethereum is evaluating 66 proposals for its upcoming Hegotá upgrade, with FOCIL already chosen as the consensus-layer headliner and other ideas targeting privacy, account abstraction and censorship resistance.
• Ethereum still dominates DeFi with about US$41.35 billion in TVL, well ahead of Solana ~US$4.82b, BNB Chain ~US$4.87b, Avalanche ~US$0.43b and Cardano ~US$0.06b.
• Each rival chain is also upgrading—Solana on speed and client diversity, BNB Chain via the Pasteur hard fork, Avalanche with Helicon execution/validator changes, and Cardano through on-chain governed hard forks - creating different trade-offs in speed, security, governance and scalability.

• Reliance Worldwide received a $4.1 billion cash takeover proposal from Brookfield Capital Partners, alongside a drop in its full-year net profit to US$6.3 million.
• Building and plumbing product suppliers face compressed net margins due to US import tariffs, manufacturing rationalisation costs, and softer residential housing construction.
• Industry leaders are withholding dividends, exiting low-margin product lines, and evaluating private equity proposals to preserve operational liquidity.

• Target (NYSE:TGT) reported $26.5 billion in second-quarter net sales, up 5.3%, while $994 million in tariff refunds lifted diluted EPS to $4.11.
• Large U.S. value retailers are still growing sales, but profitability varies sharply as companies balance pricing, digital fulfillment and operating costs.
• Tariffs, fuel and freight costs, consumer price sensitivity and aggressive value positioning remain key variables for the sector through 2026.

• Gina Rinehart's Hancock Prospecting purchased eight million shares of SpaceX for US$1.37 billion. The firm stated this diversifies its portfolio away from Western Australian mining operations.
• The transaction drove a 72% increase in the firm's US equities portfolio to US$5.71 billion. These listed space peers share massive capitalisation metrics driven by institutional tech allocations.
• Developing orbital infrastructure requires extreme capital intensity. Aerospace executives project that scaling launch vehicles will demand continuous funding before reaching profitability.

• Klarna posted Q2 2026 revenue of $1.042 billion (+27%) and GMV of $36.6 billion (+18%), while turning a $46 million operating loss a year earlier into a $27 million operating profit and $9 million net income.
• Despite stronger profitability and transaction margins, Klarna cut its full‑year GMV outlook to $149–151 billion, citing weaker German consumer spending and ongoing sensitivity to credit conditions.
• Compared with peers, Klarna is larger than Affirm and Sezzle on GMV but faces similar pressure to show that higher per‑transaction economics can offset slower volume growth, while Block and PayPal embed BNPL within much broader payments ecosystems.

Scholar Rock (NASDAQ:SRRK) removed Catalent Indiana as a commercial fill-finish facility from its apitegromab Biologics License Application (BLA) for spinal muscular atrophy (SMA), with FDA review continuing using an alternate facility.

Yatra Online (NASDAQ:YTRA) confirmed that Magna Holdings launched an unsolicited tender offer to purchase up to 20 million ordinary shares of Yatra at $1.10 per share in cash.

Alvotech (NASDAQ:ALVO) entered a strategic licensing and commercialization agreement with Lotus Pharmaceutical covering two biosimilar candidates, AVT34 and AVT87, with potential value of approximately $150 million.

FedEx (NYSE:FDX) declared a quarterly cash dividend of $1.22 per share on common stock, payable on October 1, 2026, to shareholders of record as of September 14, 2026.