Posts with tag: programming
OP Bancorp (OPBK) shares fell 0.13% in after-hours trading after it reported a profit of $5 million in its fourth quarter, a decrease from the same quarter last year. The Los Angeles-based bank said it had earnings of 33 cents per share, led by a $21.3 million revenue net of interest expense.
Published on: January 23, 2025, 10:06 PM UTC
Associated Banc-Corp (ASB) reported a Q4 loss of $161.6 million, or $1.03 per share. Adjusted earnings were 57 cents per share, topping estimates of 55 cents. Revenue was $600.5 million, with net interest income of $345.8 million, also above expectations. ASB shares have gained 6% YTD and 18% over the past year.
Published on: January 23, 2025, 10:06 PM UTC
UnitedHealth Group announces Tim Noel as the new CEO of UnitedHealthcare, succeeding Brian Thompson.
Published on: January 23, 2025, 10:02 PM UTC
NY-based banks Valley National Bank and Dime Community Bancshares project increased profits in 2025 thanks to balance sheet improvements, reduced CRE exposure, and increased deposits via strategic initiatives and acquisitions from failed banks.
Published on: January 23, 2025, 09:05 PM UTC
President Trump signs order to create cryptocurrency working group, fulfilling campaign promise. The crypto advisory council will advise on digital asset policy, work with Congress on crypto legislation, and coordinate between agencies.
Published on: January 23, 2025, 09:05 PM UTC
HP joins consumer companies stockpiling products ahead of potential tariffs from President Trump. HP CEO says the company has increased its inventory of final products to mitigate the impact of tariffs. The Consumer Technology Association estimates that proposed tariffs could increase laptop and tablet prices by up to 46%. Trump has floated tariffs of 10% to 20% on most imports and 60% tariffs on Chinese imports. HP has reported a few mixed quarters as tariff concerns swirl.
Published on: January 23, 2025, 09:04 PM UTC
Honeywell CEO Vimal Kapur is shaking things up with a portfolio readjustment that could involve splitting the company into two independent businesses.
Published on: January 23, 2025, 09:02 PM UTC
UnitedHealth Group appoints Tim Noel as new head of health insurance business following the tragic loss of former CEO Brian Thompson.
Published on: January 23, 2025, 09:00 PM UTC
Knight-Swift Transportation (KNX) stock is up 4.11% pre-market after reporting better-than-expected earnings, but lower revenue. Despite missing on EBITDA, strong earnings guidance is driving the stock higher.
Published on: January 23, 2025, 07:05 PM UTC
US stocks mixed on Thursday as investors await Trump's Davos speech, S&P 500 near record high
Published on: January 23, 2025, 07:03 PM UTC