News
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Canada's High Tide Q4 revenue beats estimates
OverviewCanada cannabis retailer's Q4 revenue rose 19% yr/yr, beating analyst expectationsAdjusted EBITDA for Q4 beat analyst expectations, reaching a record C$12.4 mlnCompany closed acquisition of majority stake in Remexian Pharma, entering German cannabis marketOutlookHigh Tide plans to open 2...Reuters
Thu, Jan 29
CORRECTED-RPT-FOCUS-Trump's JPMorgan lawsuit underscores his growing clash with Wall Street
Trump's lawsuit against JPMorgan highlights political conflict with Wall Street banksBanks face unpredictable policy environment, affecting reputation and advocacy effortsDespite conflicts, industry expects capital relief and regulatory changes to boost profitsBy Lananh Nguyen, Manya Saini and D...Reuters
Thu, Jan 29
NewtekOne Q4 revenue rises
OverviewU.S. financial solutions firm's Q4 revenue rose 10.6% yr/yrAdjusted EPS for Q4 fell compared to last yearCompany completed largest rated securitization backed by ALP loansOutlookNewtekOne expects 2026 EPS between $2.15 and $2.55Company plans to diversify loan portfolio in 2026 and beyond...Reuters
Thu, Jan 29
Minnesota man arrested for trying to free Luigi Mangione from prison, posing as FBI
By Jack QueenNEW YORK, Jan 29 (Reuters) - A Minnesota man has been accused of impersonating an FBI agent in a bid to free accused health insurance CEO killer Luigi Mangione from a Brooklyn prison while carrying a barbecue fork and a round steel blade, court records show. Mangione, 27, awaits a possi...Reuters
Thu, Jan 29
OSI Systems Q2 revenue rises 11%, beats estimates
OverviewSpecialized electronics maker's fiscal Q2 revenue rose 11%, beating analyst expectationsGAAP EPS for fiscal Q2 remained flat yr/yr at $2.22Company raised fiscal 2026 non-GAAP EPS guidance, anticipating 10%-13% growthOutlookCompany raises fiscal 2026 non-GAAP EPS guidance to $10.30 - $10....Reuters
Thu, Jan 29
Visa beats Q1 revenue, profit estimates
OverviewDigital payments giant's fiscal Q1 revenue rose 15%, beating analysts' expectationsAdjusted EPS for fiscal Q1 beat consensus, rising 15% yr/yrCompany repurchased approximately 11 mln shares for $3.8 blnOutlookVisa did not provide specific financial guidance for future quartersResult ...Reuters
Thu, Jan 29
Magyar Bancorp's Q1 net income rises
OverviewU.S. community bank's fiscal Q1 net income rose 50% yr/yr to $3.1 mlnNet interest margin increased by 37 basis points to 3.59%Company declared quarterly dividend of $0.10 per shareOutlookMagyar Bancorp expects net interest margin trend to continue throughout the yearResult DriversNET INT...Reuters
Thu, Jan 29
Credit Acceptance Q4 adjusted EPS beats analyst expectations
OverviewAuto finance company's Q4 adjusted EPS beat analyst expectationsAdjusted net income for Q4 exceeded analyst estimatesCompany repurchased $191.4 mln in shares, about 3.8% of shares outstandingOutlookCompany plans broader deployment of AI-powered call-center agents in 2026Credit Acceptance...Reuters
Thu, Jan 29
CORRECTED-FOCUS-Trump's JPMorgan lawsuit underscores his growing clash with Wall Street
Trump's lawsuit against JPMorgan highlights political conflict with Wall Street banksBanks face unpredictable policy environment, affecting reputation and advocacy effortsDespite conflicts, industry expects capital relief and regulatory changes to boost profitsBy Lananh Nguyen, Manya Saini and D...Reuters
Thu, Jan 29
Deckers Outdoors raises its annual sales and profit forecasts
Jan 29 (Reuters) - Deckers Outdoor DECK.N raised its annual sales and profit forecast on Thursday, betting on strong demand for its sneakers and boots, including Hoka running shoes.The company expects annual sales in the range of $5.40 billion to $5.42 billion, compared with the previous projection ...Reuters
Thu, Jan 29
Bank holding firm BayFirst's Q4 net loss narrows
OverviewFlorida bank holding company reported Q4 net loss of $2.5 mln, down from Q3 lossCompany completed sale of $96.6 mln in loans to Banesco USATreasury management revenue grew 69% yr/yr in Q4OutlookBayFirst prioritizes strategic plan to build premier community bank in Tampa BayCompany focuses on...Reuters
Thu, Jan 29
SkyWest Q4 revenue rises 8%
OverviewRegional airline's Q4 2025 revenue rose 8% yr/yr to $1 blnQ4 net income of $91 mln, down from $97 mln in Q4 2024Company took delivery of five new E175 aircraft in Q4 2025OutlookSkyWest anticipates nearly 300 E175 aircraft in fleet by end of 2028Company secures delivery positions for 44 a...Reuters
Thu, Jan 29
Standex Q2 sales rise 16.6%, slightly beat estimates
OverviewMulti-industry manufacturer's fiscal Q2 sales rose 16.6%, slightly beating analyst expectationsAdjusted EPS for fiscal Q2 beat analyst expectationsCompany reiterated FY26 sales outlook, driven by new products and fast growth marketsOutlookStandex expects fiscal third-quarter revenue grow...Reuters
Thu, Jan 29
Hanover Bancorp Q4 net income drops on higher credit loss provisions
OverviewCommunity commercial bank's Q4 net income fell due to higher credit loss provisionsNet interest income rose 14.64% yr/yr, driven by improved net interest marginCompany removed $9.6 mln of non-performing loans, improving asset qualityOutlookHanover Bancorp plans to open a new branch in Ri...Reuters
Thu, Jan 29
Koru Medical Systems Receives FDA 510(K) Clearance For Delivery Of Rystiggo
Jan 29 (Reuters) - KORU Medical Systems Inc KRMD.O:KORU MEDICAL SYSTEMS RECEIVES FDA 510(K) CLEARANCE FOR DELIVERY OF RYSTIGGO® (ROZANOLIXIZUMAB-NOLI), EXPANDING LABEL FOR FREEDOMEDGE® INFUSION SYSTEMKORU MEDICAL SYSTEMS RECEIVES FDA 510(K) CLEARANCE FOR DELIVERY OF RYSTIGGO® (ROZANOLIXIZUMAB-NOLI),...Reuters
Thu, Jan 29
Canada Government Will Target Total Purchase Of Up To C$30 Billion Of Fixed-Rate CMB Primary Issuances For 2026, Bank Of Canada Says
Jan 29 (Reuters) - BANK OF CANADA: CANADA GOVERNMENT WILL PARTICIPATE IN ALL FIXED-RATE CMB SYNDICATIONS PROPOSED FOR 2026BANK OF CANADA: FOR 2026 CALENDAR YEAR, GOVERNMENT OF CANADA WILL TARGET A TOTAL PURCHASE AMOUNT OF UP TO C$30 BILLION OF FIXED-RATE CMB PRIMARY ISSUANCES, ACROSS BOTH FIVE AND ...Reuters
Thu, Jan 29
Visa quarterly profit rises on strong payment volumes
Jan 29 (Reuters) - Visa V.N reported a rise in first-quarter profit on Thursday, as cardholders swiped more during the holiday season, buoyed by resilient U.S. consumer spending.The company reported net income of $5.9 billion, or $3.03 per share, in the three months as of December 31. That compares ...Reuters
Thu, Jan 29
