Category: Latest News
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Ally Financial slides as investors zero in on softness in auto lending
Ally Financial Inc. (NYSE:ALLY) reported fourth-quarter adjusted earnings that came in ahead of expectations on Wednesday, but its shares moved lower as investors focused on continued pressure in the company’s auto finance business. The stock fell 3.35% in premarket trading following the results. The digital bank and auto lender posted adjusted earnings per share of…
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Charles Schwab posts in-line Q4 earnings as shares slide despite record revenue
The Charles Schwab Corporation (NYSE:SCHW) reported fourth-quarter results that met market expectations, but its shares fell about 3% as investors reacted cautiously to the broadly in-line performance, even as revenue hit a new record. The group delivered adjusted earnings per share of $1.39 for the quarter, exactly matching analyst forecasts. Revenue came in at a…
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Wintrust Financial posts record Q4 profit, beating market forecasts
Wintrust Financial Corporation (NASDAQ:WTFC) reported record results for the fourth quarter on Tuesday, with net income climbing to $223 million, or $3.15 per diluted share, comfortably ahead of analysts’ expectations of $2.93. Quarterly revenue reached $714.26 million, also topping the consensus forecast of $701.8 million. The financial services group benefited from record net interest income…
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Venus Concept to exit NASDAQ and end SEC reporting obligations
Venus Concept Inc. (NASDAQ:VERO) said it will voluntarily delist its common shares from the NASDAQ Capital Market and deregister with the U.S. Securities and Exchange Commission. The company noted that it remains compliant with NASDAQ listing standards, but said its board concluded that the cost and resource burden associated with ongoing SEC reporting outweigh the…
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Old National Bancorp tops Q4 profit forecasts despite softer revenue
Old National Bancorp (NASDAQ:ONB) reported fourth-quarter results on Wednesday that beat earnings expectations, even as revenue came in below market forecasts. The Indiana-based lender posted adjusted earnings per share of $0.62, ahead of the $0.59 consensus estimate. Revenue totaled $690.59 million, missing analysts’ expectations of $706.14 million. Shares slipped modestly following the release, edging down…
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Travelers delivers strong Q4 beat as earnings reach $11.13 per share
Travelers Companies (NYSE:TRV) posted a robust set of fourth-quarter results on Wednesday, with both earnings and revenue coming in well ahead of market expectations. Despite the strong performance, the insurer’s shares were little changed in premarket trading, edging up just 0.01%. For the quarter, Travelers reported adjusted earnings of $11.13 per share, comfortably surpassing the…
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Teledyne Technologies tops Q4 forecasts, issues upbeat outlook as shares tick higher
Teledyne Technologies Incorporated (NYSE:TDY) reported fourth-quarter results on Wednesday that came in ahead of market expectations, supported by robust defense demand and a continued recovery across its commercial operations. Shares of the imaging and aerospace technology group rose about 1.55% in premarket trading following the update. Teledyne posted adjusted earnings of $6.30 per share, beating…
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Brand Engagement Network rallies after announcing $2m Africa-focused AI partnership
Shares of Brand Engagement Network, Inc. (NASDAQ:BNAI) jumped about 55% on Wednesday after the company unveiled a new artificial intelligence licensing agreement in Africa valued at just over $2 million. The agreement, signed with Valio Technologies, creates an exclusive AI licensing structure targeting both government and commercial customers across the African continent. As part of…
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BankUnited jumps nearly 7% after Q4 earnings come in ahead of forecasts
BankUnited, Inc. (NYSE:BKU) reported stronger-than-expected results for the fourth quarter of 2025 on Wednesday, driven by wider net interest margins and robust deposit growth, sending its shares sharply higher. The lender’s stock rose 6.73% in premarket trading following the announcement. The Miami Lakes–based bank delivered adjusted earnings of $0.94 per share, beating analysts’ consensus estimate…
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Halliburton climbs after Q4 earnings and revenue top forecasts
Shares of Halliburton Company (NYSE:HAL) rose about 2% after the oilfield services group reported fourth-quarter earnings and revenue that came in ahead of market expectations, underscoring solid execution despite a challenging operating backdrop. Halliburton delivered adjusted earnings of $0.69 per share for the fourth quarter of 2025, comfortably above analysts’ estimates of $0.55. Quarterly revenue…