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General business news
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Safran aftermarket revenue jumps 18.7% as aircraft shortages strengthen engine economics
Safran reported €9 billion of third-quarter revenue and 13.4% organic growth as propulsion aftermarket sales accelerated, highlighting how delayed aircraft replacement is extending the economic life of existing fleets.
October 23, 2026
Honeywell Technologies lifts 2026 outlook as automation margins reach 21.3%
Honeywell Technologies reported 7% organic sales growth and a 370-basis-point improvement in segment margin during its first full quarter as a standalone automation business. Its revised earnings outlook reflects efficiency gains, but the sustainability of demand and cash conversion remains important.
October 23, 2026
Rexel data-centre sales triple as AI spending reaches the electrical supply chain
Rexel raised its 2026 outlook for the second time after third-quarter sales rose 11.4%, with United States data-centre revenue growing at a triple-digit rate and reaching about 13% of the company’s U.S. business.
October 23, 2026
Barclays profit rises 12% but 19% fixed-income decline tests investment bank strategy
Barclays reported third-quarter pretax profit of ÂŁ2.32 billion and announced another ÂŁ500 million share buyback, but a 19% decline in fixed-income trading income overshadowed strong equities performance and growing UK lending.
October 23, 2026
MS International (AIM: MSI) wins ÂŁ29.7m German Navy gun systems contract
MS International has secured a ÂŁ29.7 million order to supply twelve DS30M naval gun systems for Germany's F128 frigate programme, providing new order visibility after a year in which delayed defence procurement affected the company's financial performance.
October 23, 2026
Comcast loses 144,000 broadband customers as Peacock posts $261m profit
Comcast reported a 6.1% decline in quarterly revenue and weaker free cash flow as domestic broadband customers fell. Peacock delivered its second consecutive profitable quarter, while wireless subscriber growth provided a possible route to stabilising customer relationships.
October 22, 2026
Blackstone assets reach $1.37tn, but weaker exits expose private markets pressure
Blackstone reported a record $1.368 trillion in assets under management and $63.3 billion in quarterly inflows, but distributable earnings declined as investment exits slowed. Strong infrastructure returns and credit fundraising are helping offset pressure elsewhere in private markets.
October 22, 2026
Lockheed Martin backlog hits $292bn as $52.5bn PAC-3 award changes defence outlook
Lockheed Martin reported 11% third-quarter sales growth and a record $292 billion backlog following a major PAC-3 missile interceptor award. Updated earnings and cash flow guidance reflect improving demand, although production capacity, contract timing and working capital remain critical risks.
October 22, 2026
LSEG is paying $3.5bn for Octus. Why isn’t an earnings boost immediate?
London Stock Exchange Group is buying credit intelligence specialist Octus for US$3.535 billion while upgrading its growth and cash-flow forecasts. The acquisition promises faster subscription growth, but its debt financing and initially neutral earnings contribution raise an important question about how quickly shareholders will benefit.
October 22, 2026
FirstCash Holdings profit rises 22% as pawn receivables hit $908m and global store network expands
FirstCash Holdings Q3 revenue reaches $1.1 billion as pawn demand surges 28%. Explore record earnings, $908 million receivables and dividend growth.
October 22, 2026