Weekday public notes on newly filed Form 8-Ks from the SEC feed (America/Chicago). We rewrite — we do not paste the filings. Free, no signup.
Fifth Third reported third-quarter diluted EPS of $0.90, or $1.13 adjusted, as net income available to common shareholders rose to $828 million from $763 million in the second quarter. The bank said it has finished the systems conversion for its Comerica acquisition, with net interest income up 3% from the prior quarter, net charge-offs at 31 basis points and CET1 capital at 10.02%.
Cleveland-Cliffs swung to third-quarter GAAP net income of $165 million, or $0.26 per diluted share, on $5.6 billion of revenue and 4.2 million net tons of steel shipments, after a $134 million loss in the second quarter. Adjusted EBITDA of $612 million came in above the company’s own $575 million guidance, and management said signed contracts and index price forecasts point to 2027 adjusted EBITDA above $4 billion.
Italy’s Prysmian completed its acquisition of Atkore on October 19, turning each Atkore share into $95.00 in cash and making the company a wholly owned Prysmian subsidiary. As part of the closing, Atkore repaid and ended its credit facilities, redeemed $400 million of 4.25% Senior Notes due 2031 at 102.125% of principal, and told the NYSE to halt trading so the stock can be delisted.
Mattel named Peter Griffith, most recently CFO of Amgen, as its chief financial officer effective October 20, 2026, and he will also join the company’s board. Griffith succeeds Paul Ruh, who will stay on in an advisory role through the end of the year to help with the handoff, and will report to Chairman and CEO Roger Lynch.
Copart closed its purchase of ACV Auctions at $10.50 a share in cash after about 68.43% of ACV’s shares were tendered by the October 15 deadline, with the rest converted through a follow-on merger. ACV’s stock has stopped trading on the NYSE, and the dealer-auction business will run as an independent Copart subsidiary under its existing leadership team.
GoPro’s audit committee concluded on October 9 that its 2025 annual financial statements and its quarterly statements for the third quarter of 2025 and the first half of 2026 were materially misstated and should no longer be relied on. The errors involve accounting for debt instruments, including warrants issued to Mateo Financing and the conversion feature in convertible debentures issued in 2026, and the company plans amended 10-K and 10-Q filings with restated numbers.
Live Nation closed a private offering of $730 million of 7.125% senior notes and €600 million of 6.125% senior notes, both maturing October 15, 2032. It plans to use the proceeds to redeem all of its 6.500% Senior Secured Notes due 2027, and cross-currency swaps bring the weighted average rate on the new notes to about 5.89%.
Union Pacific said Executive Vice President and Chief Financial Officer Jennifer Hamann plans to retire in early 2027, closing a 35-year career that began on the railroad’s audit staff in 1992. She keeps her current responsibilities until then, and the company said it will announce more details about the finance-chief transition at a later date.
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