Tag: technology

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Kalispell Bank Glacier Bancorp Beats Q4 Estimates

Glacier Bancorp Inc. reported fourth-quarter earnings of $61.8 million, beating Wall Street expectations. The Kalispell, Montana-based bank had earnings of 54 cents per share, surpassing the average estimate of 53 cents per share. For the year, the company reported profit of $190.1 million, or $1.68 per share, on revenue of $833.1 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.

ASB Q4 Earnings Top Estimates

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.

Texas Instruments Misses Earnings Forecast on Weak Chip Demand, Factory Costs

Texas Instruments' disappointing earnings forecast reflects ongoing chip demand challenges and higher production costs. Despite outperforming analysts' estimates in Q4, the outlook suggests manufacturing expansion pressures on profits.

Boeing Loss Forecast Widens on Strike, Defense Charges

Boeing projects greater-than-expected Q4 loss amid strike impacts and defense unit charges.

Rivian CEO Outlines Plans for Advanced Driver Assistance Systems, Addresses Georgia Plant Loan Amidst Trump's Executive Orders

Electric vehicle creator Rivian unveils plans for advanced hands-free and eyes-off driver assistance systems by 2026.

Trump Accuses Banks of 'De-Banking' Conservatives

Trump accuses Bank of America and JPMorgan Chase of discriminating against conservatives in banking practices, raising concerns from lawmakers and the crypto industry.

US-Canada Trade: Impact of Tariffs on Auto Industry and Consumers

Canada Produces 10% of Cars Sold in USA; Tariffs May Increase Retail Prices by $3,000

Argentina to temporarily cut export taxes amid economic recovery

Argentina cuts grain export taxes amid macroeconomic stability

UnitedHealth Names New CEO for Health Insurance Business

UnitedHealth Group appoints Tim Noel as new head of health insurance business following the tragic loss of former CEO Brian Thompson.