Reliance Worldwide FY26 profit drops alongside takeover offer
Reliance Worldwide (ASX:RWC) reported a full-year net profit of US$6.3 million amid restructuring costs and an unsolicited takeover proposal.
Reliance Worldwide (ASX:RWC) reported a full-year net profit of US$6.3 million amid restructuring costs and an unsolicited takeover proposal.
OceanaGold agreed to acquire Ausgold (ASX:AUC) for $776 million to expand Australian production.
Google parent Alphabet (NASDAQ:GOOGL) plans to raise up to $5 billion in its debut Australian bond offering.
Duos Technologies Group (NASDAQ:DUOT) reported Q2 2026 revenue of $6.18 million, up 30% year-over-year, while operating income reached $0.05 million.
OmniAb (NASDAQ:OABI) raised its year-end 2026 cash and cash equivalents guidance to $49 million–$53 million from $37 million–$41 million previously.
OmniAb (NASDAQ:OABI) signed a global collaboration and license agreement with Eli Lilly (NYSE:LLY) covering a new ion channel drug discovery program.
AMC Robotics (NASDAQ:AMCI) reported Q2 2026 revenue of $937,000, down from $1.4 million, while gross profit increased to $751,000.
Rubico (NASDAQ:RUBI) reported a first-half 2026 net loss of $1.1 million on revenue of $9.7 million, with operating cash flow of $4.1 million.
NRx Pharmaceuticals (NASDAQ:NRXP) reported a first-half 2026 net loss of $18 million versus $23.1 million a year earlier, while cash increased to $26.7 million.
OLB Group (NASDAQ:OLB) reported Q2 2026 revenue of $1.28 million, down 43.6% year-over-year, while its net loss narrowed 50.3% to $1.05 million.
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