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General business news
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J.B. Hunt Q3 revenue jumps 20% to $3.68bn, but freight costs squeeze margins
J.B. Hunt Transport Services reported stronger freight demand and higher transportation rates in the third quarter, but rising fuel, labour, insurance and equipment costs prevented much of the revenue growth from reaching operating profit.
October 17, 2026
Prologis reports stronger Q3 earnings as SEGRO acquisition reshapes global logistics portfolio
Prologis reported higher funds from operations, stronger rental growth and nearly $2.3 billion in property transactions, while its proposed acquisition of SEGRO introduces a substantial new European expansion opportunity.
October 17, 2026
Woodward (Nasdaq: WWD) names Paxton McVoy CIO after 21% quarterly sales growth
Woodward, Inc. has created an Executive Vice President and Chief Information Officer position and hired former Veralto technology chief Paxton McVoy to lead enterprise systems, AI, cybersecurity and data strategy. The appointment comes after quarterly sales jumped 21%, making digital infrastructure increasingly important to scaling a high-growth aerospace and industrial manufacturing business.
October 16, 2026
Federal Bank (NSE: FEDERALBNK) Q2 profit jumps 45% as margins recover and bad loans hit decade lows
Federal Bank has delivered a record ₹1,386 crore quarterly profit while reducing gross NPAs to 1.32%, their lowest level in a decade. Stronger margins, fee income and deposits are supporting the recovery, although funding costs and faster-growing lending categories remain central to the next phase.
October 16, 2026
Schneider Electric raises 2026 outlook as AI data centre demand drives record Q3 revenue
Schneider Electric's third-quarter revenue reached €11.46 billion, prompting another upgrade to its 2026 growth and earnings outlook. AI infrastructure demand remains exceptionally strong, but the company's multibillion-dollar software acquisition strategy creates a second financial test beyond delivering record equipment sales.
October 16, 2026
Private Bancorp profit rises 18% as deposits grow, but Q3 earnings miss estimates
Private Bancorp grew Q3 profit and revenue despite missing EPS estimates. See what deposits, margins, credit quality and book value mean for PBAM.
October 16, 2026
Duralex rescue preserves 155 jobs as €16m plan targets lower energy costs
A French commercial court has selected entrepreneur Cédric Meston's Tomé group to rescue Duralex, preserving 155 of roughly 220 jobs at the historic glassmaker. The €16 million plan gives the company another chance after its worker cooperative entered receivership, but survival now depends on reducing an energy burden that consumes close to one-fifth of revenue.
October 16, 2026
Jupiter Fund Management (LSE: JUP) assets hit ÂŁ75.9bn as investor inflows return
Jupiter Fund Management has reported record assets under management and ÂŁ700 million of third-quarter net inflows, strengthening its recovery while exposing contrasting performances across investment strategies.
October 16, 2026
British Land (LSE: BLND) profit rises 7% as London offices and retail parks outperform
British Land expects ÂŁ166 million in first-half underlying profit as stronger rental growth, premium London office leasing and near-full retail park occupancy support its earnings outlook.
October 16, 2026
Australian Ethical Investment (ASX: AEF) reports A$130m superannuation inflows in FY27 first quarter
Australian Ethical Investment has reported stronger superannuation inflows for the September quarter, but redemptions from managed investment products and adverse market movements caused total funds under management to decline slightly.
October 16, 2026