Browsing: earnings

Dime Community Bancshares repositioned its securities portfolio. Dime Community Bancshares joined a growing list of lenders that repositioned their securities portfolios in 2024 by selling low-yielding…

BEIJING — Chinese tech giant Baidu on Thursday posted a 3% annual drop in third-quarter revenue, nevertheless beating market expectations amid AI cloud growth.The revenue print…

Medical debt is the leading cause of personal bankruptcy in the U.S.getty High healthcare costs and the prospect of unexpected medical bills are leading worries for…

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024.CNBCWarren Buffett sold another big chuck of his Apple stake,…

Amid a high-stakes merger review process, Capital One Financial reported stronger-than-expected quarterly net income on Thursday, citing revenue growth in both its auto lending business and…

Third quarter earnings season kicked off with a bang last week. As they do every quarter, the big investment banks launched the reporting season for quarterly…

UPDATE: This story includes information from Ally’s earnings call and commentary from analysts.Ally Financial’s new management is confident that its recent problems, which stem from some…