Browsing Category
General business news
8629 posts
Northrop Grumman (NYSE: NOC) backlog hits $110bn as 2027 growth test begins
Northrop Grumman's Q3 sales increased 7%, backlog reached a record US$109.6 billion and 2026 earnings guidance improved. The next test is converting defence demand into 5% to 7% expected 2027 sales growth while funding capacity expansion for B-21 and other programmes.
HDFC Bank growth improves as margin and CEO tests converge
HDFC Bank's Q2 loan and deposit growth strengthened while asset quality improved, but net interest margin remains compressed and a CEO transition begins October 27. With the shares close to their 52-week low, profitability rather than balance-sheet growth is becoming the key valuation test.
Crown Castle (NYSE: CCI) jumps 9% on SpaceX talks. Where are the leases?
Crown Castle shares surged after reports that SpaceX wants access to 80,000 American cell sites for a potential nationwide mobile network. But with no publicly confirmed lease agreement and existing tower revenue still declining, the key question is how much new income the satellite company's ambitions could realistically create.
CSTS brings PremierX to Pier 17 with Lil Xan and DJ Soda, but can one New York event become a global entertainment brand?
CSTS Enterprises will introduce its PremierX live entertainment brand through an October 30 Halloween weekend event at The Rooftop at Pier 17, combining hip-hop, electronic music and cross-cultural programming as the company seeks to establish recurring entertainment properties across international markets.
Leland Little Auctions establishes Charleston office to strengthen its Southeast collecting network
Leland Little Auctions has opened a regional office in Charleston, South Carolina, appointing Emma Little to develop relationships with collectors and estates while directing consignments to its established North Carolina auction operations.
American Express profit rises 28% yet 3,500 jobs are going. What is AXP trying to fix?
American Express raised its 2026 earnings outlook after record third-quarter revenue and resilient affluent spending, yet a plan to eliminate about 3,500 jobs shows management is unwilling to let rising expenses consume the benefits of growth.
Best Version Media names Chris Laurence CEO as Kevin O’Brien shifts to revenue leadership role
Best Version Media has appointed Chris Laurence as chief executive officer while moving former CEO Kevin O'Brien into the chief revenue officer position, creating separate leadership responsibilities for corporate operations and revenue growth across its North American local advertising business.
Civista Bancshares (CIVB) adds Firelands Health CEO Jeremy Normington-Slay to board as profits grow
Civista Bancshares has appointed Firelands Health chief executive Jeremy Normington-Slay to the boards of the holding company and Civista Bank, adding regional healthcare expertise as the lender reports stronger earnings and improved margins.
Energy Services of America (ESOA) completes $6.95m FAMCO acquisition to expand water infrastructure business
Energy Services of America has completed its acquisition of FAMCO's operating assets, strengthening its water and sewer construction operations as investors assess integration costs, infrastructure demand and profitability.
Netflix profit jumps 37%, yet weaker ads reopen the question of where growth comes from next
Netflix delivered $12.87 billion of third-quarter revenue, $4.46 billion of operating income and nearly $2.9 billion of free cash flow, but slower advertising growth and a weaker fourth-quarter outlook intensified questions over the streaming leader’s next growth engine.