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Independent Bank Corp (Massachusetts) reports results for the quarter ended December 31 - Earnings Summary
Independent Bank Corp (Massachusetts) INDB.OQ reported quarterly adjusted earnings of $1.21 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.26. The mean expectation of four analysts for the quarter was for earnings of $1.16 p...Reuters
Jan 16, 2025
WaFd Inc reports results for the quarter ended December 31 - Earnings Summary
WaFd Inc WAFD.OQ reported quarterly adjusted earnings of 54 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 85 cents. The mean expectation of four analysts for the quarter was for earnings of 65 cents per share. Wall Stree...Reuters
Jan 16, 2025
UPDATE 1-Lyft wins dismissal of shareholder lawsuit over earnings report error
Adds details from decision, accusations, background, bylineBy Jonathan Stempel Jan 16 (Reuters) - A federal judge on Thursday dismissed a lawsuit accusing Lyft LYFT.O of defrauding shareholders by waiting too long to correct a mistake in an earnings release that caused the ride-sharing company's ...Reuters
Jan 16, 2025
J B Hunt Transport Services Inc reports results for the quarter ended December 31 - Earnings Summary
J B Hunt Transport Services Inc JBHT.OQ reported quarterly adjusted earnings of $1.53 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.47. The mean expectation of twenty two analysts for the quarter was for earnings of $1.61 ...Reuters
Jan 16, 2025
RF Industries Ltd reports results for the quarter ended October 31 - Earnings Summary
RF Industries Ltd RFIL.OQ reported quarterly adjusted earnings of 4 cents per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of -1 cents. The lone analyst forecast for the quarter was for earnings of 6 cents per share. Revenue rose 16...Reuters
Jan 16, 2025
Bank Ozk reports results for the quarter ended December 31 - Earnings Summary
Bank Ozk OZK.OQ reported quarterly adjusted earnings of $1.56 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.50. The mean expectation of nine analysts for the quarter was for earnings of $1.44 per share. Wall Street expecte...Reuters
Jan 16, 2025
BREAKINGVIEWS-Mega-merger boom threatens a shareholder bloodbath
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Liam Proud LONDON, Jan 17 (Reuters Breakingviews) - When a chief executive unveils a big merger, the fretting begins. Concerns about a repeat of disasters like AOL-Time Warner or Bayer-Monsanto immediately spr...Reuters
Jan 16, 2025
BUZZ-Otis lifts after new $2 bln stock buyback announced
** Shares of Otis Worldwide OTIS.N up 1.8% to $94.89 post-market as elevator and escalator maker looks to buy back more of its stock** Farmington, Connecticutt-based firm says board authorized $2 bln share repurchase program** In conjunction, board cancelled approx $100 mln remaining under prior pro...Reuters
Jan 16, 2025
MORNING BID ASIA-Awaiting China data deluge, US yields drift lower
By Jamie McGeever Jan 17 (Reuters) - A look at the day ahead in Asian markets. Relief from the positive U.S. and UK inflation surprises this week appears to have evaporated, at least as far as equity markets are concerned, even as Treasury yields and the dollar continue to drift lower into t...Reuters
Jan 16, 2025
Lyft wins dismissal of shareholder lawsuit over earnings report error
Jan 16 (Reuters) - A federal judge on Thursday dismissed a lawsuit accusing Lyft LYFT.O of defrauding shareholders by waiting too long to correct a mistake in an earnings release about a key profit metric, an error that caused the ride-sharing company's stock price to gyrate wildly.U.S. District Jud...Reuters
Jan 16, 2025
GLOBAL MARKETS-Global stock index outperforms Wall St, bond yields dip with rates in focus
Wall St closes down after Europe, Asia gainsTrump's Treasury pick takes the spotlight Asian stocks boosted by tech, Europe by luxury, chipmakers Yen rises on growing rate hike wagersUpdates prices after U.S. stock market closeBy Sinéad Carew and Alun John NEW YORK/LONDON, Jan 16 (Reuters) - MSCI'...Reuters
Jan 16, 2025
BUZZ-BlackSky up after company picked for $200 mln Luno B IDIQ contract
** Shares of real-time geospatial intelligence solutions provider BlackSky Technology BKSY.N rise 2.3% to $10.69 in extended trading ** BlackSky selected by National Geospatial-Intelligence Agency as one of the vendors for $200 mln Luno B commercial data indefinite delivery, indefinite quantity cont...Reuters
Jan 16, 2025
US STOCKS-Wall Street slips after rally as earnings, data eyed
Morgan Stanley up after higher Q4 profitsUnitedHealth falls on missing quarterly sales estimatesInvestors parse retail sales, jobless claims dataIndexes off: Dow 0.16%, S&P 0.21%, Nasdaq 0.89%Adds trading volume, pricesBy Chuck Mikolajczak NEW YORK, Jan 16 (Reuters) - U.S. stocks dipped on Thursd...Reuters
Jan 16, 2025
CANADA STOCKS-TSX posts one-week high, led by financials and utilities
TSX ends up 0.2% at 24,846.20Financials add 0.7%Utilities end up 2%Energy falls 1.8% as oil prices dropUpdates at market closeBy Fergal Smith Jan 16 (Reuters) - Canada's main stock index rose to a one-week high on Thursday, adding to the previous day's solid gains, as investors cheered U.S. bank ...Reuters
Jan 16, 2025
Bank of America (BAC) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Bank of America (NYSE: BAC)Q4 2024 Earnings CallJan 16, 2025, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, everyone, and welcome to today's Q4 Bank of America earnings announcement. At this time, ...The Motley Fool
Jan 16, 2025
LIVE MARKETS-US stocks slip as traders gauge earnings, data, Trump policies
Main U.S. stock indexes end lower, Nasdaq down ~0.9%Utilities lead S&P sector gainers; Info tech off mostDollar ~flat; crude down >1.5%; bitcoin, gold upU.S. 10-Year Treasury yield falls to ~4.61%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share...Reuters
Jan 16, 2025
Why Semiconductor Equipment Stocks Applied Materials, Lam Research, and KLA Corp. Rallied Today
Shares of semiconductor equipment giants rallied big on Thursday, with Applied Materials (NASDAQ: AMAT), Lam Research (NASDAQ: LRCX), and KLA Corporation (NASDAQ: KLAC) jumping 4.5%, 4%, and 4.3%.These three stocks collectively account for much of the large oligopoly in semiconductor equipment, and ...The Motley Fool
Jan 16, 2025
US STOCKS-Wall Street ends lower after rally as earnings, data eyed
Morgan Stanley up after higher Q4 profitsUnitedHealth falls on missing quarterly sales estimatesInvestors parse retail sales, jobless claims dataUpdates to U.S. market closeBy Chuck Mikolajczak NEW YORK, Jan 16 (Reuters) - U.S. stocks dipped on Thursday as a jump in the prior session cooled, whil...Reuters
Jan 16, 2025
INSIGHT-How bond vigilantes could check Trump's power
Adds comments from U.S. Treasury Secretary nominee Scott Bessent paragraphs 23-24Risk of bond vigilantes returning if Trump's policies misfire, some experts say U.S. debt-to-GDP ratio nearing 100%, raising market concernsTrump adviser Laffer says focus is on growth, not deficits Former Treasury Secr...Reuters
Jan 16, 2025
BUZZ-PREVIEW: Schlumberger seen reporting higher rev, EPS on Fri
** Shares of Schlumberger SLB.N are up 1% in afternoon trading on Thurs, with the oilfield services co expected to post a rise in rev and EPS in its quarterly results due before the bell on Fri** Analysts expect Q4 rev of $9.18 bln vs $8.99 bln in the yr-ago period and adj EPS of 90 cents vs 86 cent...Reuters
Jan 16, 2025
