(Reuters) -Canadian oil sands producer MEG Energy shareholders on Thursday voted in favor of a buyout by Cenovus Energy, ending a months-long takeover battle. Cenovus and Strathcona had been locked in a bidding war for MEG, one of Canada's last pure-play oil sands producers. However, Strathcona backed Cenovus after it amended its bid and raised the offer price to about...

US Foods Holding Corp. ( USFD ) dips on Thursday, despite beating third-quarter expectations and raising EPS guidance, as modest volume growth tempers sentiment. The company reported third-quarter adjusted earnings per share of $1.07 (+25.9% year over year), beating the analyst consensus estimate of $1.03. Quarterly sales of $10.191 billion (+4.8% year over year) outpaced the Street view of $10.178...

11:20 AM EST, 11/06/2025 (MT Newswires) -- DigitalOcean Holdings ( DOCN ) could sustain its momentum into 2026 following its strong Q3 results and the multiple 8-figure deals is signed after closing the quarter, Morgan Stanley said in a Thursday note. The company reported non-GAAP net income Wednesday of $0.54 per diluted share, from $0.52 a year earlier, as revenue...

11:44 AM EST, 11/06/2025 (MT Newswires) -- Dutch Bros ( BROS ) showed solid Q3 traffic-driven same-store sales growth that has continued into Q4 despite weaker industry trends, highlighting the company's unique positioning and brand affinity, UBS Securities said in a note Thursday. Key growth drivers include the introduction of new menu items, rewards program benefits, expansion of mobile order,...