With a view to give Royal Bank of Scotland RBS a fresh start, new CEO Alison Rose is mulling to rename the bank as NatWest Group sometime later in 2020. Also, the bank seeks to shrink its investment banking business.
Associated Banc-Corp ASB has closed the deal to acquire First Staunton Bancshares. The all-cash deal, valued at $76.3 million, was announced in July 2019.
Service Corporation International SCI posted fourth-quarter 2019 results, wherein earnings were in line, while sales surpassed the Zacks Consensus Estimate. Further, both metrics improved year over year. Results were driven by solid performance in the funeral segment, partly off
Westinghouse Air Brake Technologies Corporation, which operates as Wabtec Corporation WAB reported fourth-quarter 2019 2019 earnings (excluding 33 cents from non-recurring items) of $1.04 per share, beating the Zacks Consensus Estimate by a penny. Moreover, the bottom line impro
(RTTNews) - Acorn International Inc. (ATV) said that a buyer group, which offered to buy the company for $19.50 per American Depositary Share, is not prepared to pursue acquisition of the company citing uncertainty regarding coronavirus outbreak.
(RTTNews) - Westlake Chemical Corp. (WLK) reported fourth-quarter earnings per share of $0.56 compared to $0.95, previous year. The company noted that its earnings for the fourth quarter of 2019 benefited from tax items of $0.22 per share. Restructuring, transaction and integrat
The problem with renewable energy sources like wind and solar is their intermittent nature and the fact that it is hard to store electricity on a large scale, the way we do with oil or natural gas. Tesla's (NASDAQ: TSLA) Megapack, in which large-scale batteries store power for u
(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, automotive aftermarket parts provider Advance Auto Parts Inc. (AAP) initiated comparable store sales and net sales guidance for the full year 2020.
(RTTNews) - Retail giant Walmart Inc. (WMT) reported Tuesday that consolidated net income attributable to Walmart for the fourth quarter increased to $4.14 billion or $1.45 per share from $3.69 billion or $1.27 per share in the prior-year quarter.
(RTTNews) - Shares of HSBC Holdings Plc (HSBC, HSBA.L) were losing around 6 percent in London trading after the British bank focused on Asia reported sharp drop in fiscal 2019 profit, hurt mainly by a hefty impairment charge, despite revenue growth.
(RTTNews) - Indian shares fell for a fourth straight session on Tuesday as investors kept a watch on the latest updates of coronavirus and its impact on the global economy and businesses.
(RTTNews) - Leidos Holdings, Inc. (LDOS) said, for fiscal 2020, the company projects: non-GAAP earning per share of $5.30 to $5.65; adjusted EBITDA margins of 10.0% to 10.2%; and revenues of $12.6 billion to $13.0 billion. Analysts polled by Thomson Reuters expect the company to
(RTTNews) - U.K. stocks declined on Tuesday as coronavirus worries persisted, with iPhone maker Apple warning that it was unlikely to meet its March quarter sales forecast.
(RTTNews) - Shares of Bio-Rad Laboratories Inc. (BIO) touched a 52-week high of $404.83 on Feb. 14 before closing Friday's trading session at $403.63, up $24.29 or 6.40%. The stock has been trading between $266.95 and $404.83 in the past one year.
(RTTNews) - French stocks retreated on Tuesday as China reported 98 new deaths from coronavirus, taking the total in mainland China to 1,868. More than 72,000 people have now been infected in China and hundreds more abroad.