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Capital One Shares Slip Following Brex Deal Announcement and Q4 Earnings Miss
Capital One Financial Corporation (NYSE:COF) shares moved lower in U.S. premarket trading on Friday after the lender unveiled plans to acquire fintech firm Brex Inc. and reported fourth-quarter earnings that fell short of market expectations. Capital One said it has signed a definitive agreement to purchase Brex, a provider of corporate credit cards, in a…
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United Bancshares Posts Modest Q4 Profit Growth and Lifts Dividend
United Bancshares, Inc. (USOTC:UBOH) reported slightly higher earnings for the fourth quarter, alongside an increase in its quarterly dividend, reflecting continued balance-sheet stability and improved profitability. The Ohio-based financial holding company posted fourth-quarter net income of $3.1 million, or $1.04 per share, up from $3.0 million, or $1.02 per share, in the same period a…
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Lenovo Looks to Forge Global AI Alliances to Power Smarter Devices
Lenovo (USOTC:LNVGY) is stepping up efforts to build a global network of artificial intelligence partners, seeking to work with multiple large language model providers to enhance intelligence across its devices as it positions itself as a major player in AI. The world’s largest PC manufacturer plans to embed AI capabilities throughout its product lineup, spanning…
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NB Bancorp Falls Short of Q4 Expectations as Provident Deal Weighs on Results
NB Bancorp, Inc. (NASDAQ:NBBK) reported fourth-quarter 2025 results on Thursday that missed earnings expectations, largely due to one-off costs tied to its recent acquisition of Provident Bancorp and its subsidiary, BankProv. For the quarter, the bank posted net income of $7.7 million, or $0.19 per diluted share, below the analyst consensus estimate of $0.21. Revenue…
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Booz Allen Hamilton Shares Jump as Strong Q3 Profit Beat Eases Revenue Concerns
Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) climbed 6.7% after the consulting and advanced technology group reported third-quarter fiscal 2026 results that comfortably exceeded earnings expectations, offsetting a notable decline in revenue. The company delivered adjusted earnings per share of $1.77 for the quarter, well ahead of the $1.29 analysts had forecast. Revenue, however,…
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First Citizens BancShares Jumps on Q4 Results That Handily Beat Forecasts
First Citizens BancShares, Inc. (NASDAQ:FCNCA) posted a strong set of fourth-quarter results on Friday, with earnings comfortably exceeding market expectations, supported by solid loan expansion and stable credit conditions. The bank’s shares climbed 3.81% in after-hours trading following the earnings release. For the fourth quarter of 2025, First Citizens reported adjusted earnings per share of…
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New Era Energy & Digital Shares Slide After Mixed Shelf Registration Raises Dilution Concerns
Shares of New Era Energy & Digital (NASDAQ:NUAI) dropped around 20% on Friday morning, giving back much of the 18% advance recorded in the previous session after the company disclosed a mixed securities shelf filing. The filing with the U.S. Securities and Exchange Commission authorizes the company to issue up to $350 million in a…
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SLB Beats Q4 Expectations as ChampionX Deal Lifts Results
SLB (NYSE:SLB) reported fourth-quarter earnings that came in ahead of market forecasts, helped by a full quarter of contributions from ChampionX following the completion of its acquisition last summer. The Texas-based energy technology group finalized the $7.75 billion purchase of ChampionX in July, a move aimed at strengthening SLB’s production systems business and expanding its…
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Webster Financial Tops Q4 Forecasts on Strong Loan Expansion
Webster Financial Corporation (NYSE:WBS) delivered better-than-expected fourth-quarter results on Friday, supported by solid loan growth that lifted both earnings and revenue above market forecasts. The bank reported adjusted earnings per share of $1.59 for the quarter, exceeding the analyst consensus of $1.53. Revenue reached $746.2 million, also ahead of expectations of $731.51 million. Net income…
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Bausch Health Shares Slide After Phase 3 Liver Disorder Study Misses Goal
Shares of Bausch Health (NYSE:BHC) dropped about 8% in early trading on Friday after the company disclosed unsuccessful late-stage trial results for an experimental treatment targeting hepatic encephalopathy. The drugmaker said its global RED-C Phase 3 program, which studied amorphous-rifaximin solid soluble dispersion (SSD) in adults suffering from liver cirrhosis, did not achieve its primary…