- JB Hunt Transport Services (JBHT) reported a 6% increase in revenue for the third quarter, exceeding analyst expectations. The company’s strong performance was driven by growth in its intermodal and dedicated contract services segments.
- KeyCorp (KEY) announced a $292 million profit for the third quarter, up from $270 million in the previous quarter. The bank reported growth in commercial and consumer banking, as well as an increase in fee income.
- Schlumberger (SLB) reported a net loss of $54 million for the third quarter, compared to a profit of $254 million in the same period last year. The oilfield services company cited lower drilling activity and pricing pressure as reasons for the decline.
- The Travelers Companies (TRV) posted a net income of $827 million for the third quarter, up from $396 million a year ago. The insurance company saw growth in its personal insurance and business insurance segments, as well as improved underwriting results.
Read more at Yahoo Finance: Market Digest: JBHT, KEY, SLB, TRV
