Tag: programming

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Boeing Loss Widens on Strike Costs

Boeing posts $3.5 billion operating cash flow loss in Q4 due to IAM strike, workforce cuts, and defense business changes.

Japan Inflation Hits 3% for First Time in 16 Months, Ahead of Expected Rate Hike

Japan's inflation rate hits 3%, highest in 16 months, supporting BOJ rate hike expectations. Consumer prices excluding fresh food rose 3% year-over-year in December, accelerating from 2.7% in November. Economists forecast a rate increase later Friday, while markets anticipate a January rate hike.

Canada-US Trade: Trump's Tariffs Would Hurt Automakers, Consumers

Tariffs on Canadian autos could hurt US automakers and consumers, with potential price increases of $3,000 per car. The report also highlights the high costs and challenges of onshoring production to the US, requiring billions in investment and potentially disrupting trade with Canada and Mexico.

Monte Paschi Explores Deal for Full or Partial Control of Mediobanca

Italian banking sector in consolidation mode, with Monte Paschi di Siena exploring deal for Mediobanca.

Canada-US Trade: Effects of Tariffs on the Auto Industry

Tariffs on Canadian autos would hurt US automakers, consumers, and the economy, according to a report. The report says tariffs would raise car prices by $3,000 and lead to job losses.

Byline Bancorp Q4 Earnings Beat, Revenue Tops Forecast

Chicago-based Byline Bancorp Inc. (BY) reported fourth-quarter net income of $30.3 million, or 69 cents per share. Zacks analysts estimated 60 cents per share.

Mexican Peso, Stocks Rise After Trump Omits Tariff Details

Mexican markets rebound after Trump's vague Davos speech on tariffs

MidWestOne Financial Group reports Q4 net income of $16.3 million

MidWestOne Financial Group, Inc. (MOFG) reported fourth-quarter net income of $16.3 million, or 78 cents per share. Adjusted earnings were 77 cents per share. Revenue was $89.1 million. For the year, the company reported profit of $60.3 million, or $3.54 per share. Revenue was $69.3 million.

OceanFirst Financial Tops Q4 Earnings, Misses on Revenue

OceanFirst Financial Corp. reports Q4 earnings of $21.9 million, beating estimates but missing revenue expectations. Adjusted earnings were 38 cents per share, surpassing the 36-cent consensus. Revenue came in at $171.9 million, while adjusted revenue fell short at $95.6 million.

Provident Bancorp Inc. posts fourth-quarter earnings

Provident Bancorp Inc. earns 29 cents per share and $4.9 million in net income despite a 0.04% decrease in stock value.