Markets

Ferrari (RACE) will release its Q3 2025 financial results on November 4, 2025, hosting a live webcast and conference call at 2:00 p.m. GMT. Investors will focus on the order book, especially for hybrid/electric vehicles, pricing power amidst inflation, and investments in sustainable technologies. The results will be available for replay on Ferrari’s website for two weeks. These figures are crucial for assessing the luxury automotive market and Ferrari’s strategic direction in electrification and evolving consumer preferences.

Eaton Corp. (ETN) declared a quarterly dividend of $1.04 per share, payable November 21, 2025, to shareholders of record on November 6, 2025, continuing its trend of shareholder value return since 1923. Eaton, a global intelligent power management company with $25 billion in 2024 revenue, focuses on electrification and digitalization to address evolving power management needs across sectors like data centers, utilities, and mobility. Their strategy emphasizes sustainability and technological advancements in areas like EV charging and grid modernization.

Globalstar has commercially launched its RM200M two-way satellite IoT module, a globally certified solution for affordable and resilient connectivity of critical assets. Utilizing Globalstar’s L and S-band spectrum, the module offers reliable, two-way communication and also supports cellular connectivity for versatile IoT applications. The module is being deployed globally in diverse industries including logistics, energy, and agriculture. Its flexibility, multi-mode capability and ease of integration are key adoption factors.

Driven Brands (DRVN) announced the completion of a $500 million offering of Series 2025-1 Fixed Rate Senior Secured Notes, Class A-2, maturing in 2055 with an anticipated repayment in 2030. Proceeds will refinance existing debt and cover transaction expenses. The A-2 Notes, rated BBB by Kroll and BBB- by S&P, feature a 5.296% coupon. This securitization leverages Driven Brands’ franchise network and revenue. Driven Brands, North America’s largest automotive services company with 4,800 locations, will use remaining funds for general corporate purposes.

Mercantile Bank Corporation reported strong Q3 2025 financial results, with net income reaching $23.8 million ($1.46 per diluted share), up from $19.6 million last year. Year-to-date net income totaled $65.9 million ($4.06 per diluted share). Performance was driven by net interest income expansion, growth in noninterest income, a lower tax rate, and solid deposit growth. Asset quality remained strong, and the loan-to-deposit ratio decreased. Tangible book value per common share increased to $37.41. The company also announced a planned partnership with Eastern Michigan Financial Corporation.

BioNxt (BNXTF) has initiated a large-mass animal study for BNT23001, a sublingual cladribine film for multiple sclerosis, to optimize dosing before human trials planned for early 2026. The study, expected to complete in November 2025 with results in December 2025, aims to improve bioavailability and simplify dosing. Patent nationalization is ongoing, with positive notices from European and Eurasian Patent Offices, and a priority filing in the US. BNT23001 targets improved outcomes for dysphagia patients, offering a non-tablet option.

HIVE Digital Technologies is expanding its Paraguay site with a 100 MW hydroelectric-powered Phase 3, bringing the site’s capacity to 400 MW and HIVE’s global renewable energy footprint to 540 MW. The company aims to reach 35 EH/s Bitcoin mining capacity by 2026, with Phase 3 construction starting in early 2026 and commissioning in Q3 2026. HIVE has also partnered with Bell Canada to integrate BUZZ HPC AI infrastructure, projecting a 5x growth in HPC/AI capacity by 2026, driven by GPU clusters and a Toronto buildout.

On October 20-21, 2025, Carbon Streaming Corporation (OFSTF) CEO Marin Katusa purchased 74,500 common shares at $0.67 per share, totaling $49,915. This increased his holdings to 4,175,500 shares, representing approximately 8.6% of outstanding shares. If his warrants are exercised, his ownership would be near 10.8%. The purchase was for investment purposes, with potential for further transactions. The Early Warning Report is available on SEDAR+.

First Trust Senior Floating Rate Income Fund II (FCT) announced a monthly distribution of $0.097 per share, payable November 17, 2025, to shareholders of record on November 3, 2025. The distribution rate is 11.26% based on the October 17 NAV and 12.01% based on the closing market price. FCT primarily invests in senior secured floating-rate corporate loans, aiming for high current income and capital preservation. Investors should consider the risks associated with lower-grade, high-yield securities and senior loans, as well as the fund’s potential NAV reduction over time.

Flexsteel Industries (FLXS) reported strong first quarter fiscal 2026 results, with net sales up 6.2% to $110.4 million and GAAP net income per diluted share increasing to $1.31. The company attributed the growth to effective product offerings and strategic investments. CEO Derek Schmidt acknowledged ongoing challenges, including tariffs on imported timber which are projected to impact sales and profitability short-term. The company ended the quarter with a strong liquidity position, including $38.6 million in cash. A conference call to discuss the results will be held on October 21, 2025.