News: Stocks
M&T Bank Corporation Reports First Quarter 2024 Financial Results
M&T Bank Corporation Reports First Quarter 2024 Financial Results

BUFFALO, N.Y., April 15, 2024 — M&T Bank Corporation (NYSE:MTB), a prominent financial institution, has announced its financial results for the first quarter of 2024. The bank reported a net income of $531 million, translating to diluted earnings per common share of $3.02. This figure is compared to the $702 million net income, or $4.01 per diluted share, recorded in the first quarter of the previous year.

Coinbase Derivatives Expands Crypto Futures Offerings with Bitcoin Cash and Litecoin
Coinbase Derivatives Expands Crypto Futures Offerings with Bitcoin Cash and Litecoin

Coinbase Derivatives, a pioneer in regulated digital asset trading, has successfully launched its Bitcoin Cash (BCH) and Litecoin (LTC) futures contracts, marking a significant expansion in its offerings. As the first CFTC-regulated exchange to provide margined futures contracts for these cryptocurrencies, Coinbase Derivatives aims to offer more diversified trading options to its users.

Citigroup Inc. Reports First Quarter 2024 Financial Results
Citigroup Inc. Reports First Quarter 2024 Financial Results

New York, April 12, 2024 - Citigroup Inc. (NYSE: C) today released its financial results for the first quarter of 2024, indicating a mix of growth in certain areas and declines in others compared to the first quarter of the previous year.

Fastenal Company Reports Modest Growth in First Quarter of 2024 Amidst Economic Challenges
Fastenal Company Reports Modest Growth in First Quarter of 2024 Amidst Economic Challenges

Fastenal Company, a key player in the wholesale distribution of industrial and construction supplies, has announced its financial results for the first quarter of 2024, showing subtle growth amidst various market challenges. Based in Winona, Minnesota, the company reported a slight uptick in revenues and net income, emphasizing its resilience in a complex economic landscape.

Constellation Brands Fiscal Year 2024 Financial Performance and Outlook for 2025
Constellation Brands Fiscal Year 2024 Financial Performance and Outlook for 2025

Fiscal Year 2024 Financial Overview: Constellation Brands has reported strong financial outcomes for the fiscal year 2024, significantly surpassing its original earnings projections due to the robust performance of its Beer Business. Here are the key financial highlights:

Delta Air Lines Reports Impressive March Quarter 2024 Results and Optimistic Outlook
Delta Air Lines Reports Impressive March Quarter 2024 Results and Optimistic Outlook

ATLANTA, April 10, 2024 – Delta Air Lines (NYSE: DAL) has released its financial results for the March quarter of 2024, showcasing strong performance metrics and setting optimistic forecasts for the upcoming quarters. Following the announcement, Delta's stock witnessed a 3% increase, reflecting the market's positive reception to the airline's performance and future prospects.

Royal Gold Announces Stellar Results for Q4 and Full Year 2023
Royal Gold Announces Stellar Results for Q4 and Full Year 2023

DENVER, February 14, 2024 -- Royal Gold, Inc. (NASDAQ: RGLD), a major player in the precious metals sector, has released its operating and financial results for the fourth quarter and the entire year of 2023. The company has once again demonstrated its financial robustness and operational excellence, maintaining a strong performance amidst varying market conditions.

Tilray Brands Sees Strong Growth in Q3 But Adjusts Full-Year Guidance, Shares Dip
Tilray Brands Sees Strong Growth in Q3 But Adjusts Full-Year Guidance, Shares Dip

NEW YORK and LEAMINGTON, Ontario, April 9, 2024 – Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global leader in the cannabis-lifestyle and consumer packaged goods sectors, today disclosed its earnings for the third quarter ended February 29, 2024. Despite achieving significant revenue growth and expanding its market presence, the company's stock faced a 13.5% decline in after-market trading following an update to its full-year guidance.

Neogen Faces Setback: Q3 Earnings Miss Expectations, Shares Tumble
Neogen Faces Setback: Q3 Earnings Miss Expectations, Shares Tumble

LANSING, Mich., April 9, 2024 – Neogen Corporation (NASDAQ: NEOG), a global leader in food safety, today announced its financial results for the third quarter ended February 29, 2024, revealing a net loss and adjusting its full-year outlook downwards. The announcement triggered a 13% drop in the company's stock price in after-market trading, reflecting investor concerns over short-term challenges, despite the company's ongoing strategic integration efforts.

Blackstone Set to Acquire AIR Communities in a Landmark $10 Billion Deal
Blackstone Set to Acquire AIR Communities in a Landmark $10 Billion Deal

NEW YORK & DENVER, April 8, 2024 — In a groundbreaking move that underscores its commitment to the real estate market, Blackstone (NYSE: BX) has reached a definitive agreement to purchase Apartment Income REIT Corp. (NYSE: AIRC), commonly known as AIR Communities, for approximately $10 billion. This all-cash transaction will see Blackstone acquiring all outstanding common shares of AIR Communities at $39.12 each, representing a significant 25% premium over the company's last closing share price and the volume-weighted average share price of the past 30 days.

Enhancing Semiconductor Supply Resilience: Microchip Technology Bolsters Manufacturing with TSMC Collaboration
Enhancing Semiconductor Supply Resilience: Microchip Technology Bolsters Manufacturing with TSMC Collaboration

CHANDLER, Ariz., April 8, 2024 — Microchip Technology Inc. (Nasdaq: MCHP), a leader in embedded control solutions, announces an expansion of its partnership with Taiwan Semiconductor Manufacturing Company (TSMC), the forefront of semiconductor foundry services. This strategic enhancement focuses on initiating a specialized 40nm manufacturing process at Japan Advanced Semiconductor Manufacturing, Inc. (JASM) in Kumamoto Prefecture, Japan, underscoring Microchip’s commitment to fortifying its semiconductor supply chain resilience.

3M Announces Completion of Solventum Spin-off, Launching New Independent Health Care Company
3M Announces Completion of Solventum Spin-off, Launching New Independent Health Care Company

ST. PAUL, Minn., April 1, 2024 /PRNewswire/ -- In a significant move marking the culmination of its planned strategic realignment, 3M has officially completed the spin-off of its health care business, effectively establishing Solventum Corporation as a standalone entity. Newly listed on the New York Stock Exchange under the ticker SOLV, Solventum embarks on its journey as an independent company with a clear focus on health care innovation.

TSMC Announces Third Advanced Semiconductor Fab in Arizona with Up to $6.6 Billion in CHIPS Act Funding
TSMC Announces Third Advanced Semiconductor Fab in Arizona with Up to $6.6 Billion in CHIPS Act Funding

PHOENIX, Arizona, April 8, 2024 - Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading semiconductor manufacturer, has today announced a significant expansion of its operations in the United States. In collaboration with the U.S. Department of Commerce, TSMC Arizona has signed a non-binding preliminary memorandum of terms (PMT) that includes up to US$6.6 billion in direct funding under the CHIPS and Science Act. This move marks a major step forward in the semiconductor industry, with TSMC planning to construct a third fabrication plant (fab) in Phoenix, Arizona.

Unlocking the Future: Navigating the Investment Landscape of Artificial Intelligence
Unlocking the Future: Navigating the Investment Landscape of Artificial Intelligence

The transformative power of artificial intelligence (AI) has reshaped industries, from healthcare diagnostics to autonomous vehicles. This rapid evolution has not gone unnoticed by the investment world, where AI stocks have become a beacon for those looking to harness the growth potential of this technology. Leading the charge are companies like Microsoft (MSFT) and Nvidia (NVDA), whose advancements in AI have not only propelled their growth but also showcased the depth of AI's potential applications.

Simulations Plus Reports Stellar Second Quarter Fiscal 2024 Results
Simulations Plus Reports Stellar Second Quarter Fiscal 2024 Results

Simulations Plus, Inc. (NASDAQ: SLP), a premier provider of simulation and modeling software for pharmaceutical research, has recently announced its financial outcomes for the second quarter of the fiscal year 2024, which concluded on February 29, 2024. The report underscores significant growth and continued leadership in the pharmaceutical software industry.

Levi Strauss & Co. Beats Q1 2024 Expectations and Eyes Sustained Growth with Elevated Guidance
Levi Strauss & Co. Beats Q1 2024 Expectations and Eyes Sustained Growth with Elevated Guidance

April 3, 2024, San Francisco – In a resounding start to the fiscal year, Levi Strauss & Co. (NYSE: LEVI) today unveiled its first-quarter results for the period ending February 25, 2024. Surpassing analyst expectations, the company has also positively adjusted its full-year guidance and celebrated a notable increase in its share price during after-market trading.

Accenture Enhances Digital Transformation for Italy's Public Sector with Strategic Acquisition
Accenture Enhances Digital Transformation for Italy's Public Sector with Strategic Acquisition

Milan, Italy; April 2, 2024 – In a significant move to bolster the digital transformation capabilities of Italy's public sector, Accenture (NYSE: ACN) has announced its agreement to acquire Intellera Consulting. This Italian consultancy firm is known for its pivotal role in the public administration and healthcare sectors, marking a milestone in Accenture's commitment to enhancing citizen services in Italy.

Dave & Buster's Ends Fiscal 2023 on a High Note with Record Revenue and Strategic Expansion
Dave & Buster's Ends Fiscal 2023 on a High Note with Record Revenue and Strategic Expansion

DALLAS, April 2, 2024 – Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) today shared its financial achievements for the fourth quarter and the entire fiscal year ending February 4, 2024. The entertainment and dining giant reported a successful quarter and year despite a challenging macroeconomic environment, underscoring its commitment to growth and innovation.

Cal-Maine Foods Reports Strong Performance in Q3 Fiscal 2024 Amidst Egg Market Fluctuations
Cal-Maine Foods Reports Strong Performance in Q3 Fiscal 2024 Amidst Egg Market Fluctuations

RIDGELAND, Miss., April 2, 2024 – Cal-Maine Foods, Inc. (NASDAQ: CALM), the United States' leading producer and distributor of fresh shell eggs, announced impressive results for the third quarter of fiscal 2024 ended March 2, 2024. The company's strategic operations and adaptability have led to sustained growth in sales volume and profitability despite volatile egg market prices and challenges posed by the highly pathogenic avian influenza (HPAI).

Paychex, Inc. Reports Strong Third Quarter Results Despite Stock Decline
Paychex, Inc. Reports Strong Third Quarter Results Despite Stock Decline

ROCHESTER, N.Y., April 2, 2024 – Paychex, Inc., a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services, today announced its financial results for the third quarter ended February 29, 2024. The company reported sustained growth in revenue and earnings, highlighting its operational strength and strategic initiatives in a challenging market environment. However, following the announcement, shares of Paychex fell by 4.5%.