58m ago
Bapcor cuts FY2026 EBITDA guidance to A$144 million–A$150 million as shares slide 84.1%
Australia auto parts distributor Bapcor has cut its FY2026 EBITDA guidance to A$144 million–A$150 million, down from its prior A$150 million–A$160 million range. The stock is down 84.1% for the year, falling from A$5.24 on July 7, 2025 to A$0.395 on July 23, 2026. Shares also sank 18.5% on the day the company updated its outlook. The move follows a single-stock profit-warning catalyst that hit valuation and market confidence.
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Lam Research shares climb after Q4 results top estimates, Q1 revenue outlook raised to $7.70–$8.50 billion
Lam Research reported fiscal 2024 fourth-quarter revenue of $6.72 billion and adjusted earnings of $1.82 per share, both ahead of analyst expectations. Gross margin was 51.7% and operating margin was 37.4% for the quarter. The company forecast fiscal first-quarter revenue of $7.70 billion to $8.50 billion and adjusted EPS of $2.00 to $2.30, above consensus, according to Benzinga Pro.
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RPG Life Sciences moves API unit to subsidiary in ₹33.55 crore slump sale
RPG Life Sciences is carving out its active pharmaceutical ingredients (API) business into a newly set-up subsidiary, RPGAP, in a transaction valued at ₹33.55 crore. The API unit contributed revenue of ₹95.06 crore in FY26, or 13.54% of consolidated turnover, and had net worth of ₹70.92 crore, or 11.72% of the group total. In a separate disclosure, ILSF and VJF said they will invest a combined ₹243.33 crore in RPGAP for about a 40% stake, while RPGAP also signed an agreement to acquire 100% of bulk drug intermediate supplier Actis Generics.
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BSL Infrastructure buys 48.03% of P.M. Telelinnks for INR 6.20 a share, reshuffles board
BSL Infrastructure Ltd completed the purchase of a 48.03% stake in P.M. Telelinnks Ltd on July 29, 2026, acquiring 4,838,733 shares with a face value of INR 10 each at an acquisition price of INR 6.20 per share. The deal triggered Regulation 22(2) of SEBI’s takeover rules, prompting a reconstitution of the company’s board. The transaction reflects a change of control at an India-listed company and does not involve cross-border parties or broader policy or industry shifts.
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Eicher Motors releases July 29, 2026 earnings call audio for Q1 ended June 30, 2026
Eicher Motors reported Q1FY27 consolidated net profit of 1463 crore Indian rupees, up 21% year on year and well above market expectations. Revenue rose 32% to 6632 crore rupees, while EBITDA reached 1591 crore rupees, marking a group record for a single quarter. Motorcycle sales increased 27% and commercial vehicle volumes grew 14.8%, underscoring the strength of its two-wheeler and commercial vehicle businesses in India.
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Meta posts $60.80 billion Q2 revenue but misses EPS estimate; shares fall as CapEx guidance floor rises
Meta reported 2024 second-quarter revenue of $60.80 billion, up 28% year over year and above expectations, while adjusted earnings came in at $6.18 per share, below the $7.13 consensus estimate. Family daily active people rose 3%, as ad impressions increased 14% and the average price per ad climbed 12%. The company ended the quarter with $90.26 billion in cash and equivalents, while free cash flow was $784 million. Shares declined after the results were released.
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