News
Important Only
United Bancorporation Q4 net income falls
OverviewAlabama financial holding firm's Q4 net income fell yr/yrQ4 EPS declined yr/yrCompany repurchased 176,266 shares of UBAB stockOutlookCompany did not provide specific guidance for future quarters or full yearResult DriversNET INTEREST MARGIN - Co reported a net interest margin of 4.44% fo...Reuters
Fri, Jan 30
Galaxy cluster observed forming surprisingly early in universe's history
Structure dates to a billion years after the Big BangAstronomers study it using Webb and Chandra telescopesBy Will Dunham WASHINGTON, Jan 30 (Reuters) - Observations by NASA's James Webb Space Telescope and Chandra X-ray Observatory are providing fresh evidence that the universe grew up a lot...Reuters
Fri, Jan 30
Soccer-Man United's Dorgu faces weeks on the sidelines after injury at Arsenal, Carrick says
Jan 30 (Reuters) - Patrick Dorgu, who was injured after scoring Manchester United's second goal in last weekend's 3-2 Premier League win at Arsenal, may be sidelined for a few weeks or more, United manager Michael Carrick said on Friday.Media reports said the 21-year-old picked up a hamstrin...Reuters
Fri, Jan 30
Deals of the day-Mergers and acquisitions
Jan 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Friday: Britain's Pinewood Technologies PINE.L surged as much as 28% after the automotive service provider said it was set to agree to a 575.5 million pounds ($792.06 million) deal with Ap...Reuters
Fri, Jan 30
NBA-Timberwolves call for unity after fatal ICE shootings in Minneapolis
Jan 30 (Reuters) - The NBA's Minnesota Timberwolves issued a team statement calling for unity after two fatal shootings involving U.S. immigration agents in Minneapolis generated public outrage.The Timberwolves issued a statement late on Thursday following two separate incidents this month in wh...Reuters
Fri, Jan 30
South Africa expels Israel's top diplomat, prompting tit-for-tat retaliation
South Africa expels Israeli top diplomatIsrael responds by kicking out South Africa's representativeIncident could further worsen South Africa - U.S. tiesBy Nellie Peyton and Anathi Madubela JOHANNESBURG, Jan 30 (Reuters) - South Africa declared the top diplomat at Israel's embassy perso...Reuters
Fri, Jan 30
First Commerce Bank Q4 net income triples year-over-year
OverviewFinancial services firm's Q4 net income rose yr/yrAdjusted EPS for Q4 increased yr/yrCompany completed $38.9 mln subordinated note offeringOutlookCompany plans to explore business strategies to enhance franchise and shareholder valueResult DriversBALANCE SHEET GROWTH - Successful executi...Reuters
Fri, Jan 30
New play in Denmark charts Novo Nordisk's weight loss boom
ALLEROD, Denmark, Jan 30 (Reuters) - A play examining the meteoric rise of Danish weight-loss drug giant Novo Nordisk NOVOb.CO will premiere on Saturday at a theatre outside Copenhagen."The Golden Calf" tells the story of August and Marie Krogh, the Danish couple who founded Nordisk Insulinl...Reuters
Fri, Jan 30
PRESS DIGEST-Canada - January 30
Jan 30 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Canadian Prime Minister Mark Carney said he would not negotiate publicly over closer trade alignment with the Unite...Reuters
Fri, Jan 30
CBB Bancorp reports steady Q4 net income at $4.5 mln
OverviewCommercial bank's Q4 net income stable at $4.5 mln, EPS slightly down from prior qtrCompany's total assets exceeded $2 bln for the first timeDeposits increased by $41.1 mln, or 2.5%, quarter-over-quarterOutlookCompany did not provide specific financial guidance for future quarters or...Reuters
Fri, Jan 30
Janus Henderson beats Q4 revenue and EPS estimates on strong investment performance
OverviewGlobal asset manager's Q4 revenue beat analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany suspends regular quarterly dividend due to proposed mergerOutlookJanus Henderson plans to invest more in brand, technology, and talentCompany suspends regular dividend payment ...Reuters
Fri, Jan 30
Ledyard Financial Q4 net income rises 47% yr/yr
OverviewCommunity bank's Q4 net income rose 47% yr/yr, driven by loan growthQ4 EPS increased 28% from prior quarter, reflecting core business expansionWealth management revenue grew 33% yr/yr, driven by favorable market conditionsOutlookCompany anticipates improved cost of funds if interest rate...Reuters
Fri, Jan 30
India government sets deadline for financial bids for IDBI, sources say
By Gopika Gopakumar and Nikunj Ohri MUMBAI, Jan 30 (Reuters) - India's federal government has set a February 5 deadline for financial bids for IDBI Bank IDBI.NS as it looks to divest a majority of its holding in the lender, according to two sources familiar with the matter. The deadline ...Reuters
Fri, Jan 30
Moderna CMO Jacqueline Miller to step down
Jan 30 (Reuters) - Moderna's MRNA.O Chief Medical Officer Jacqueline Miller, who led the development of the company's mRNA-based COVID-19 vaccine Spikevax, will step down effective March 2, the vaccine maker said on Friday. Miller joined Moderna in 2020 as the therapeutic area head for infe...Reuters
Fri, Jan 30
Franklin Templeton's profit rises as market rally boosts income from fees
Jan 30 (Reuters) - Investment manager Franklin Resources BEN.N, better known as Franklin Templeton, reported a jump in first-quarter profit on Friday as rallying equities markets boosted investment management fees.The company's shares rose 1.8% in premarket trading.Markets have notched a series ...Reuters
Fri, Jan 30
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.4% lower at C$1.3545 to the greenback, or 73.83 U.S. cents, after trading in a range of 1.3483 to 1.3555.Canadian government 10-year bond yields CA10YT=RR f...Reuters
Fri, Jan 30
BCB Bancorp posts Q4 loss due to write-down; adjusts dividend
OverviewCommunity bank's Q4 net loss of $12 mln vs year-ago profit, due to cannabis-related property write-downNet interest margin for Q4 rose to 3.03% from 2.53% yr/yrCompany declared regular quarterly cash dividend of $0.08 per shareOutlookBCB Bancorp focuses on improving earnings performance ...Reuters
Fri, Jan 30
