Latest Financial services News
Highwoods Properties: Q1 Earnings Snapshot
RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — Highwoods Properties Inc. (HIW) on Tuesday reported a key measure of profitability in its first quarter. The results did not meet Wall Street expectations. The Raleigh, North Carolina-based real estate investment trust said it had funds...
Retail Opportunity Investments: Q1 Earnings Snapshot
SAN DIEGO (AP) — SAN DIEGO (AP) — Retail Opportunity Investments Corp. (ROIC) on Tuesday reported a key measure of profitability in its first quarter. The results surpassed Wall Street expectations. The real estate investment trust, based in San Diego, said it had funds from...
Pebblebrook Hotel: Q1 Earnings Snapshot
BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Pebblebrook Hotel Trust (PEB) on Tuesday reported a key measure of profitability in its first quarter. The results topped Wall Street expectations. The Bethesda, Maryland-based real estate investment trust said it had funds from...
Agree Realty: Q1 Earnings Snapshot
ROYAL OAK, Mich. (AP) — ROYAL OAK, Mich. (AP) — Agree Realty Corp. (ADC) on Tuesday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations. The real estate investment trust, based in Royal Oak, Michigan, said it had funds from...
EastGroup Properties: Q1 Earnings Snapshot
RIDGELAND, Miss. (AP) — RIDGELAND, Miss. (AP) — EastGroup Properties Inc. (EGP) on Tuesday reported a key measure of profitability in its first quarter. The results missed Wall Street expectations. The Ridgeland, Mississippi-based real estate investment trust said it had funds...
Equity Residential: Q1 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Equity Residential (EQR) on Tuesday reported a key measure of profitability in its first quarter. The results beat Wall Street expectations. The Chicago-based real estate investment trust said it had funds from operations of $364.9 million, or 93...
Popular: Q1 Earnings Snapshot
HATO REY, Puerto Rico (AP) — HATO REY, Puerto Rico (AP) — Popular Inc. (BPOP) on Tuesday reported first-quarter earnings of $102.9 million. The bank, based in Hato Rey, Puerto Rico, said it had earnings of $1.43 per share. Earnings, adjusted for non-recurring costs, were $1.87...
Preferred Bank: Q1 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Preferred Bank (PFBC) on Tuesday reported first-quarter earnings of $33.5 million. The bank, based in Los Angeles, said it had earnings of $2.44 per share. The results beat Wall Street expectations. The average estimate of four...
Stock market today: Asian stocks track Wall Street gains ahead of earnings reports
HONG KONG (AP) — Asian benchmarks extended gains Tuesday after U.S. stocks clawed back a chunk of their losses from last week, which was the worst for the S&P 500 in more than a year, while the yen weakened further to fresh 34-year lows. U.S. futures were mixed and oil prices...
California reject bill to crackdown on how utilities spend customers' money
SACRAMENTO, Calif. (AP) — California lawmakers on Monday rejected a proposal aimed at cracking down on how some of the nation's largest utilities spend customers' money. California's investor-owned utilities can't use money from customers to pay for things like advertising their...
