Latest Mergers and acquisitions News

Business First: Q2 Earnings Snapshot

Jul. 25, 2024 16:33 PM EDT

BATON ROUGE, La. (AP) — BATON ROUGE, La. (AP) — Business First Bancshares, Inc. (BFST) on Thursday reported second-quarter earnings of $17.2 million. The Baton Rouge, Louisiana-based bank said it had earnings of 62 cents per share. Earnings, adjusted for costs related to mergers...

New York Community Bancorp: Q2 Earnings Snapshot

Jul. 25, 2024 07:28 AM EDT

HICKSVILLE, N.Y. (AP) — HICKSVILLE, N.Y. (AP) — New York Community Bancorp Inc. (NYCB) on Thursday reported a loss of $323 million in its second quarter. The Hicksville, New York-based company said it had a loss of $1.14 per share. Losses, adjusted for costs related to mergers...

Patterson-UTI: Q2 Earnings Snapshot

Jul. 25, 2024 05:21 AM EDT

HOUSTON (AP) — HOUSTON (AP) — Patterson-UTI Energy Inc. (PTEN) on Wednesday reported second-quarter profit of $11.1 million. On a per-share basis, the Houston-based company said it had profit of 3 cents. Earnings, adjusted for costs related to mergers and acquisitions, came to 5...

Sherwin-Williams: Q2 Earnings Snapshot

Jul. 23, 2024 07:26 AM EDT

CLEVELAND (AP) — CLEVELAND (AP) — Sherwin-Williams Co. (SHW) on Tuesday reported second-quarter profit of $889.9 million. On a per-share basis, the Cleveland-based company said it had net income of $3.50. Earnings, adjusted for costs related to mergers and acquisitions, came to...

Domino's Pizza, Beyond Meat fall; Chuy's, Warner Bros. rise; Thursday, 7/18/2024

Jul. 18, 2024 16:11 PM EDT

Stocks that traded heavily or had substantial price changes on Thursday: Chuy's Holdings Inc. (CHUY), up $12.07 to $37.34. The Tex-Mex chain agreed to be acquired by Darden Restaurants in a deal valuing the company at $605 million. Domino's Pizza Inc....

Capital One offers $265B benefit plan to appease regulators for its planned purchase of Discover

Jul. 18, 2024 10:47 AM EDT

NEW YORK (AP) — Capital One said Wednesday it plans to offer $265 billion in lending, investing and philanthropy projects as part of its pending $35 billion merger with Discover Financial. The plan is designed to appease federal bank regulators, who have been initially skeptical of approving the...

Equity Bancshares: Q2 Earnings Snapshot

Jul. 16, 2024 17:05 PM EDT

WICHITA, Kan. (AP) — WICHITA, Kan. (AP) — Equity Bancshares Inc. (EQBK) on Tuesday reported net income of $11.7 million in its second quarter. The Wichita, Kansas-based bank said it had earnings of 76 cents per share. Earnings, adjusted for costs related to mergers and...

US senators call out Big Tech's new approach to poaching talent, products from smaller AI startups

Jul. 12, 2024 15:09 PM EDT

In the race to stay ahead in artificial intelligence, the biggest technology companies are swallowing up the talent and products of innovative AI startups without formally acquiring them. Now three members of the U.S. Senate are calling for an investigation. San...

A New Jersey Democratic power broker pleads not guilty to state racketeering charges

Jul. 09, 2024 12:57 PM EDT

TRENTON, N.J. (AP) — The New Jersey Democratic power broker charged with racketeering by the state attorney general pleaded not guilty Tuesday to charges he threatened people whose properties he sought to take over and orchestrated tax incentive legislation to benefit organizations he controlled....

Paramount and Skydance merge, signaling end of a family reign in Hollywood and the rise of new power

Jul. 08, 2024 18:38 PM EDT

NEW YORK (AP) — The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape. It also...