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Sarah Ketterer, Causeway Capital Management CEO and fundamental portfolio manager, sees investment opportunities in aerospace and defense stocks. Speaking on "Bloomberg Open Interest," Ketterer also says "this is the time to accumulate French banks."
Peter Schaffrik, global macro strategist at RBC Capital Markets, and Stephanie Flanders of Bloomberg Economics react to Chancellor of the Exchequer John Healey's UK budget announcement. They speak on Bloomberg Television.
Chancellor of the Exchequer John Healey pledged fiscal discipline in the face of harsh global economic conditions as he delivered the first budget of Andy Burnham's new Labour administration. His measures included a plan to impose an additional 3% tax on banks, increasing the existing surcharge to 6%. Bloomberg's Caroline Hepker reports from Westminster.
Jones Lang LaSalle (NYSE:JLL) reported a 12% third-quarter revenue increase to $7.28 billion.
Franklin Electric (NASDAQ:FELE) reported third-quarter 2026 net sales of $633.6 million, up 9% year over year, and raised its full-year financial guidance.
Trian Fund Management offered to acquire all outstanding shares of Wendy's for about $1.4 billion in cash in a filing on Wednesday. Michael Halen on Bloomberg Intelligence has more on Bloomberg Television.
Sify Technologies (NASDAQ:SIFY) reported second-quarter fiscal 2026–27 revenue of INR 13,798 million, up 31% year over year, as adjusted EBITDA increased 33% to INR 3,131 million.
NiSource (NYSE:NI) reported third-quarter 2026 adjusted earnings per share of $0.27, up from $0.19 a year earlier, and extended its long-term growth plan through 2033.
Parsons (NYSE:PSN) reported third-quarter 2026 revenue of $1.7 billion, up 2% year over year, while net income fell 16% to $54 million.
Gita Gopinath, former IMF deputy managing director and founding director of the Global Economics Lab, expects the Federal Reserve to leave interest rates unchanged, saying a delay won't make a huge difference in monetary conditions. She speaks on "Bloomberg Surveillance."
Smurfit Westrock (NYSE:SW) reported third-quarter 2026 net sales of $8.161 billion, with net income of $219 million for the quarter ended September 30.
Wall Street expects the Federal Reserve to leave interest rates unchanged when it's policy decision is released at 2 pm ET. But markets are already pricing in a full hike in December. Bloomberg's Michael McKee has more on what to expect.
