Category: Latest News

Forestar Group Inc. (NYSE:FOR) said on Tuesday that first-quarter fiscal 2026 revenue climbed 9% year on year to $273 million, topping analyst expectations of $265.48 million. Earnings per share, however, came in at $0.30, missing the consensus forecast of $0.32. Shares were little changed following the release, edging up just 0.07%. Net income for the…

Boundless Bio (NASDAQ:BOLD) said it has received clearance from the Food and Drug Administration for its investigational new drug application covering BBI-940, paving the way for a clinical trial of the experimental therapy. The company plans to initiate the KOMODO-1 study in the first half of 2026, enrolling patients with metastatic breast cancer. The San…

Fifth Third Bancorp (NASDAQ:FITB) reported fourth-quarter results on Tuesday that came in ahead of analyst expectations, with profit attributable to common shareholders climbing 20% year on year to $699 million, or $1.04 per diluted share. Shares of the regional lender rose 1.71% in pre-market trading following the announcement. The stronger performance was supported by improving…

D.R. Horton (NYSE:DHI) reported fiscal first-quarter net sales orders below market expectations, highlighting continued pressure on homebuying activity as consumers remain cautious. Rising housing costs and elevated mortgage rates have weighed heavily on affordability for U.S. buyers, an issue that has also moved into sharper focus ahead of the November midterm elections. Against this backdrop,…

3M Co. (NYSE:MMM) said on Tuesday that it delivered fourth-quarter adjusted earnings ahead of expectations and issued an outlook pointing to continued growth in 2026. The group reported adjusted earnings per share of $1.83 for the quarter, above the $1.80 consensus estimate, while revenue reached $6.1 billion, also beating forecasts of $6.01 billion. Shares slipped…

Mercantile Bank Corporation (NASDAQ:MBWM) said on Tuesday that it delivered fourth-quarter results ahead of market expectations, supported by higher net interest income and growth across several noninterest revenue lines. Shares were little changed in after-hours trading following the release. The Michigan-based lender reported net income of $22.8 million for the fourth quarter of 2025, equal…

BOK Financial Corporation (NASDAQ:BOKF) said on Friday that fourth-quarter earnings came in well ahead of expectations, reporting net income of $177.3 million, or $2.89 per diluted share, versus analyst forecasts of $2.17 per share. Stripping out a gain from the sale of a merchant banking investment and a benefit from an FDIC special assessment, adjusted…

Peoples Bancorp Inc. (NASDAQ:PEBO) said on Tuesday that it delivered fourth-quarter earnings ahead of market expectations, posting net income of $31.8 million, or $0.89 per diluted share, compared with analysts’ forecasts of $0.88 per share. The Ohio-based lender improved on both the previous quarter, when earnings were $0.83 per share, and the same period a…

Novartis (NYSE:NVS) chief executive Vas Narasimhan said on Tuesday that the group expects to be largely insulated from any future tariffs, supported by its arrangements with the U.S. government and a growing manufacturing footprint in the country. “We expect to be in a position by middle of this year where we are not really exposed…

A closely watched measure of market anxiety jumped above the 20 mark for the first time since November, as U.S. stock futures slid and investors weighed the fallout from Washington’s tariff threats linked to Greenland. The CBOE Volatility Index, better known as the VIX, surged 29% to 20.46 by 04:47 ET (09:47 GMT), extending gains…