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Washington Trust: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:51:47 GMT

WESTERLY, R.I. (AP) — WESTERLY, R.I. (AP) — Washington Trust Bancorp Inc. (WASH) on Monday reported net income of $11.1 million in its third quarter.The Westerly, Rhode Island-based bank said it had earnings of 65 cents per share.The holding company for The Washington Trust Co. posted revenue of $95.9 million in the period. Its revenue net of interest expense was $49 million, surpassing Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WASH at https://www.zacks.com/ap/WASHSource

Hamas libera a 2 ancianas israelíes mantenidas como rehenes en Gaza

Published Sat, 22 Feb 2025 10:51:47 GMT

JERUSALÉN – El grupo extremista Hamas liberó este lunes a dos ancianas israelíes mantenidas como rehenes en Gaza. El Comité Internacional de la Cruz Roja informó que Hamas liberó a las dos mujeres. Es la segunda liberación de rehenes que fueron capturados durante la violenta incursión de Hamas a Israel el 7 de octubre.Las mujeres liberadas fueron identificadas por como Yocheved Lifshitz, de 85 años, y Nurit Cooper, de 79 años, del kibbutz israelí de Nir Oz. Hamas señaló en un comunicado que su liberación era por motivos humanitarios.Israel exige la liberación incondicional de todos los rehenes que mantiene Hamas. Se cree que el grupo extremista islámico tiene cautivos a más de 200 personas, incluidos extranjeros o con doble nacionalidad. EEUU aconseja a Israel retrasar la incursión terrestre a Gaza para negociar por rehenes Biden llama a madre e hija liberadas por Hamas: “Me alegra que estén libres” Hamas liberó el viernes a...

Capital Bancorp: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:51:47 GMT

ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Capital Bancorp, Inc. (CBNK) on Monday reported third-quarter profit of $9.8 million.The bank, based in Rockville, Maryland, said it had earnings of 70 cents per share.The company posted revenue of $54.1 million in the period. Its revenue net of interest expense was $43.1 million, which topped Street forecasts.Capital Bancorp shares have fallen 18% since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.33, a decline of 20% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBNK at https://www.zacks.com/ap/CBNKSource

Stock market today: Wall Street swings to a mixed finish as yields veer in the bond market

Published Sat, 22 Feb 2025 10:51:47 GMT

NEW YORK (AP) — Wall Street swung to a mixed finish Monday, continuing a monthslong run where it’s slavishly followed the cue of the bond market.The S&P 500 slipped 7.12 points, or 0.2%, to 4,217.04, coming off its worst week in a month. The Dow Jones Industrial Average dropped 190.87, or 0.6%, to 32,836.41. The Nasdaq composite rose 34.52, or 0.3%, to 13,018.33.Rapidly rising yields in the bond market have been pressuring stock prices since the summer, and they seemed set to climb further. Early Monday, the yield on the 10-year Treasury briefly topped 5.02% to touch its highest level since 2007. That helped to torpedo stocks, and the S&P 500 quickly slumped 0.8%.But the 10-year yield eventually eased back to 4.84%, down from with 4.91% late Friday, as oil prices tumbled to take some pressure off inflation. That relaxed the vise on the stock market. Easier bond yields tend to most help stocks of companies promising big growth far in the future or those seen as the most...

W.R. Berkley: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:51:47 GMT

GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — W.R. Berkley Corp. (WRB) on Monday reported third-quarter profit of $333.6 million.The Greenwich, Connecticut-based company said it had profit of $1.23 per share. Earnings, adjusted for investment costs, came to $1.35 per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.The insurance company posted revenue of $3.03 billion in the period. Its adjusted revenue was $3.07 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WRB at https://www.zacks.com/ap/WRBSource

WSFS: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:51:47 GMT

WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — WSFS Financial Corp. (WSFS) on Monday reported third-quarter net income of $74.2 million.The Wilmington, Delaware-based company said it had net income of $1.22 per share. Earnings, adjusted for non-recurring costs, were $1.23 per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.The bank holding company posted revenue of $323.8 million in the period. Its adjusted revenue was $255.3 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSFS at https://www.zacks.com/ap/WSFSSource

Crane: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:51:47 GMT

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Crane Co. (CR) on Monday reported third-quarter profit of $55.2 million.The Stamford, Connecticut-based company said it had net income of 96 cents per share. Earnings, adjusted for one-time gains and costs, were $1.03 per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share.The maker of aerospace, electronics and engineered industrial products posted revenue of $530.1 million in the period.Crane expects full-year earnings in the range of $4.05 to $4.20 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CR at https://www.zacks.com/ap/CRSource

Titans trade 2-time All-Pro safety Kevin Byard to Eagles, AP source says

Published Sat, 22 Feb 2025 10:51:47 GMT

NASHVILLE, Tenn. (AP) — The Tennessee Titans on Monday traded two-time All-Pro safety Kevin Byard to the Philadelphia Eagles for a pair of draft picks and safety Terrell Edmunds, a person familiar with the deal told The Associated Press.The Titans will receive the Eagles’ fifth and sixth-round draft picks in 2024, according to the person who spoke to the AP on condition of anonymity because the trade has not been announced.Byard has 27 interceptions since becoming a starter in 2017. This deal fills a big need for the Eagles (6-1) who lost safety C.J. Gardner-Johnson to Detroit in free agency and are dealing with injuries in their secondary.The 5-foot-11, 212-pound Byard was the first pick overall in the third round of 2016 and had been Tennessee’s longest-tenured defensive player. He has started 111 of his 120 games and has not missed a game because of injury. The Titans (2-4) have lost 11 of their past 13 games going back to last season. Their new general manager Ran Carthon ...

Enterprise Financial Services: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:51:47 GMT

CLAYTON, Mo. (AP) — CLAYTON, Mo. (AP) — Enterprise Financial Services Corp. (EFSC) on Monday reported third-quarter earnings of $44.7 million.The bank, based in Clayton, Missouri, said it had earnings of $1.17 per share.The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.The financial holding company posted revenue of $213 million in the period. Its revenue net of interest expense was $153.7 million, which beat Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EFSC at https://www.zacks.com/ap/EFSCSource

RLI Corp.: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:51:47 GMT

PEORIA, Ill. (AP) — PEORIA, Ill. (AP) — RLI Corp. (RLI) on Monday reported third-quarter profit of $13.5 million.The Peoria, Illinois-based company said it had net income of 29 cents per share. Earnings, adjusted for non-recurring costs, came to 61 cents per share.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.The specialty insurance company posted revenue of $331.7 million in the period. Its adjusted revenue was $350.4 million, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $377.7 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RLI at https://www.zacks.com/ap/RLISource