Latest Mergers and acquisitions News
Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks
WASHINGTON (AP) — Former President Donald Trump has secured an additional $1.6 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company's stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the...
Berry Petroleum: Q1 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — Berry Petroleum Corp. (BRY) on Wednesday reported a loss of $40.1 million in its first quarter. The Dallas-based company said it had a loss of 53 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions,...
New York Community Bancorp: Q1 Earnings Snapshot
HICKSVILLE, N.Y. (AP) — HICKSVILLE, N.Y. (AP) — New York Community Bancorp Inc. (NYCB) on Wednesday reported a loss of $327 million in its first quarter. On a per-share basis, the Hicksville, New York-based company said it had a loss of 45 cents. Losses, adjusted for...
Trial begins for financial executive in insider trading case tied to taking Trump media firm public
NEW YORK (AP) — An insider trading trial began Tuesday for a financial executive charged with enabling his boss and others to make millions of dollars illegally on news that an acquisition firm would be taking former President Donald Trump’s media company public. In an opening...
Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media
DOVER, Del. (AP) — A Delaware judge on Tuesday granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a lawsuit filed by two cofounders of the company. Vice Chancellor Morgan Zurn said Andrew...
HomeStreet: Q1 Earnings Snapshot
SEATTLE (AP) — SEATTLE (AP) — HomeStreet Inc. (HMST) on Tuesday reported a loss of $7.5 million in its first quarter. On a per-share basis, the Seattle-based company said it had a loss of 40 cents. Losses, adjusted for costs related to mergers and acquisitions, came to 29 cents...
Axos Financial: Fiscal Q3 Earnings Snapshot
LAS VEGAS (AP) — LAS VEGAS (AP) — Axos Financial (AX) on Tuesday reported fiscal third-quarter net income of $110.7 million. The Las Vegas-based company said it had net income of $1.91 per share. Earnings, adjusted for costs related to mergers and acquisitions, came to $1.94 per...
Corning: Q1 Earnings Snapshot
CORNING, N.Y. (AP) — CORNING, N.Y. (AP) — Corning Inc. (GLW) on Tuesday reported first-quarter profit of $209 million. On a per-share basis, the Corning, New York-based company said it had net income of 24 cents. Earnings, adjusted for non-recurring costs and costs related to...
Peoples Financial Services: Q1 Earnings Snapshot
SCRANTON, Pa. (AP) — SCRANTON, Pa. (AP) — Peoples Financial Services Corp. (PFIS) on Thursday reported net income of $3.5 million in its first quarter. The bank, based in Scranton, Pennsylvania, said it had earnings of 49 cents per share. Earnings, adjusted for costs related to...
Wex: Q1 Earnings Snapshot
SOUTH PORTLAND, Maine (AP) — SOUTH PORTLAND, Maine (AP) — Wex Inc. (WEX) on Thursday reported first-quarter profit of $65.8 million. The South Portland, Maine-based company said it had profit of $1.55 per share. Earnings, adjusted for costs related to mergers and acquisitions and...
