Friday, January 16, 2026 at 1:51 PM
State Street reported a 5% decline in fourth-quarter profit due to increased expenses, including one-time restructuring costs, despite achieving record revenue from fees.
D.R. Horton recorded a lower first-quarter profit as affordability concerns continued to put off home buyers, hurting sales and forcing the company to offer big incentives.
The industry’s financial well-being is at odds with the experience of customers who have endured large rate increases.
World’s largest industrial real-estate owner says consumer-goods sellers and e-commerce companies are leasing new space.
The carrier said premium and loyalty revenue both grew faster than overall sales in the fourth quarter.
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