Feed aggregator
Webster Reports Fourth Quarter 2024 EPS of $1.01; Adjusted EPS of $1.43
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“Webster”) (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net income available to common stockholders of $173.6 million, or $1.01 per diluted share, for the quarter ended December 31, 2024, compared to $181.2 million, or $1.05 per diluted share, for the quarter ended December 31, 2023. Fourth quarter 2024 results include securities repositioning losses of $56.9 million, pre-tax, and a deferred tax asset v
State Street Corporation (NYSE: STT) Reports Fourth-Quarter and Full-Year 2024 Financial Results
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2024 financial results today. The news release, presentation and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm’s financial results, outlook and related matters will be held at 11:00 a.m. ET today, Friday, January 17, 2025. The call will be open to the public. The conference
Virtus Investment Partners to Announce Fourth Quarter 2024 Results on Friday, January 31
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-boutique asset management business, today announced that it will release its financial results for the fourth quarter of 2024 before the market opens on Friday, January 31, 2025. George R. Aylward, president and chief executive officer, and Michael A. Angerthal, executive vice president and chief financial officer, will host a conference call and webcast with the investment community at 10:00
Twilio to Announce Fourth Quarter and Fiscal Year 2024 Results on February 13, 2025
SAN FRANCISCO--(BUSINESS WIRE)--Twilio Inc. (NYSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, today announced that its fourth quarter and fiscal year 2024 results will be released on Thursday, February 13, 2025, after market close. Twilio will host a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) on Thursday, February 13, 2025 to discuss its results with the investment community. Investors and analysts can register for
Citizens Financial Group, Inc. Reports Fourth Quarter 2024 Net Income of $401 million and EPS of $0.83
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported fourth quarter and full year 2024 financial results. The earnings press release, investor presentation, and financial supplement are available at http://investor.citizensbank.com. In addition, these materials will be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at www.sec.gov. “We were pleased to post solid performance in
Century Golf Partners Announces Amy Spittle as Vice President of Marketing
DALLAS--(BUSINESS WIRE)--Century Golf Partners Announces Amy Spittle as Vice President of Marketing
A Strong Foundation for 2025. Regions reports 2024 earnings of $1.8 billion, earnings per diluted share of $1.93
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) today reported earnings for fourth quarter and full-year ended Dec. 31, 2024.
Sara Mathew, Former Chair & CEO of Dun & Bradstreet, joins Star Mountain Capital as Senior Advisor
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with over $4 billion in assets under management (committed capital including debt facilities as of 12/31/2024) focused on generating defensive and premium yield and total returns from the less efficient and resource-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Sara Mathew has joined as Senior Advisor. Ms. Mathew
KKR and Gulf Data Hub Form Strategic Partnership to Scale One of the Middle East’s Largest Independent Data Center Platforms
DUBAI & LONDON & NEW YORK--(BUSINESS WIRE)--Gulf Data Hub (“GDH” or the “Company”), one of the largest independent data center platforms in the Middle East focused on serving hyperscale demand across the Gulf countries, and KKR, a leading global investment firm, today announced that funds affiliated with KKR will acquire a stake in GDH. The investment, which is subject to customary regulatory approvals, is being made through KKR’s Global Infrastructure strategy. Established in 2012 and headquar
Engine Capital Calls on Smiths Group plc’s Board of Directors to Publicly Commit to Strategic Alternatives Process
NEW YORK--(BUSINESS WIRE)--Engine Capital LP (together with its affiliates, "Engine" or "we"), a meaningful shareholder of Smiths Group plc (LSE: SMIN) (the “Company”), today sent a letter calling on the Company’s Board of Directors to publicly commit to a strategic alternatives process aimed at a sale to maximize value for shareholders. The letter can be viewed and downloaded here. About Engine Capital Engine Capital LP is a value-oriented special situations fund that invests both actively and
Securities Fraud Investigation Into TELUS International (Cda) Inc. (TIXT) Announced – Investors Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of TELUS International (Cda) Inc. (“TELUS” or the “Company”) (NYSE: TIXT) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON TELUS INTERNATIONAL (CDA) INC. (TIXT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On August 1, 2024, TELUS released its second qu
Summit Bancshares, Inc. Announces 1st Quarter Cash Dividend
OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on January 15, 2025, declared a quarterly cash dividend of $0.12 per share, an increase of $0.01 from 2024 quarterly dividends, payable on March 14, 2025, to holders of record as of the close of business on February 21, 2025. Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.
Summit Bancshares, Inc. Announces the Appointment of Denise Dodini to the Board of Directors
OAKLAND, Calif.--(BUSINESS WIRE)--Summit Bancshares, Inc., the parent company of Summit Bank, is pleased to welcome Ms. Denise Dodini as a member of the Board of Directors. Denise Dodini joined Summit Bank in 1989 as a Loan Officer. During her time at Summit Bank, she became the Executive Vice President and Chief Credit Officer in 2012. Denise served as the Executive Vice President and CCO, until she retired from Summit Bank in 2021. On behalf of the employees, and the entire board of Summit Ba
AM Best Withdraws Credit Ratings of North End Re (Cayman) SPC
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has withdrawn the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of North End Re (Cayman) SPC (Cayman Islands) (NERC). At the time of the withdrawal, these Credit Ratings (ratings) were under review with developing implications. The withdrawal of NERC’s ratings reflects the recent recapture of its business by an affiliate, leaving NERC with no remaining insurance liabilities. Consequently, the compan
KBRA Assigns Rating to Blue Owl Credit Income Corp.'s $400 Million Senior Unsecured Notes
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB+ to Blue Owl Credit Income Corp.'s ("OCIC" or “the company”) $400 million, 6.60% senior unsecured notes due September 15, 2029, which are an add-on to the $500 million 6.60% senior unsecured notes with original settlement date of May 14, 2024. The rating Outlook is Stable. The proceeds will be used for general corporate purposes and for repayment of existing indebtedness. Key Credit Considerations The rating reflects the company’s ties to
HF Sinclair Corporation Fourth Quarter 2024 Earnings Release and Conference Webcast
DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) plans to announce results for the quarter ending December 31, 2024, on February 20, 2025, before the opening of trading on the NYSE. HF Sinclair has scheduled a webcast conference on February 20, 2025, at 8:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/802238415 An audio archive of this webcast will be available using the above noted link through
Securities Fraud Investigation Into PVH Corp. (PVH) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of PVH Corp. (“PVH” or the “Company”) (NYSE: PVH) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PVH CORP. (PVH), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On January 16, 2025, Reuters report
FTAI INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into FTAI Aviation Ltd. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving FTAI Aviation Ltd. (NASDAQ: FTAI) focused on whether the company and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in the FTAI Aviation investigation or if you are a FTAI Aviation investor who suffered a loss and would like to
WaFd Announces Quarterly Earnings Per Share of $0.54
SEATTLE--(BUSINESS WIRE)---- $wafd #banking--WaFd, Inc. (Nasdaq: WAFD): Q1 Highlights $47 Million $0.54 0.69% 6.42% Net Income Diluted Earnings per Common Share Return on Average Assets Return on Average Common Equity Net Interest Income and NIM $155 million net interest income for the quarter compared to $173 million in Q4 FY24. Net interest margin at 2.39% for the quarter compared to 2.62% for Q4 FY24. Credit Quality Non-performing assets at 0.3% of total assets - similar to prior
Captiva Partners Expands into Phoenix Market with Small-Bay Industrial Acquisition
SOLANA BEACH, Calif.--(BUSINESS WIRE)-- #lightindustrial--Captiva Partners announces the off-market acquisition of a 40,075-square-foot multi-tenant small-bay industrial property in Tempe, Arizona.