Latest Business News

TC Energy: Q1 Earnings Snapshot

May. 03, 2024 06:47 AM EDT

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — TC Energy Corporation (TRP) on Friday reported first-quarter earnings of $909.4 million. On a per-share basis, the Calgary, Alberta-based company said it had profit of 86 cents. Earnings, adjusted for non-recurring costs, were 92...

AdvanSix: Q1 Earnings Snapshot

May. 03, 2024 06:43 AM EDT

PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — AdvanSix Inc. (ASIX) on Friday reported a first-quarter loss of $17.4 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Parsippany, New Jersey-based company said it had a loss of 65...

NVent: Q1 Earnings Snapshot

May. 03, 2024 06:43 AM EDT

LONDON (AP) — LONDON (AP) — NVent Electric PLC (NVT) on Friday reported first-quarter profit of $105.1 million. The London-based company said it had net income of 62 cents per share. Earnings, adjusted for one-time gains and costs, came to 77 cents per share. The...

AG Mortgage Investment Trust: Q1 Earnings Snapshot

May. 03, 2024 06:41 AM EDT

NEW YORK (AP) — NEW YORK (AP) — AG Mortgage Investment Trust Inc. (MITT) on Friday reported profit of $20.9 million in its first quarter. The New York-based company said it had net income of 55 cents per share. Earnings, adjusted for non-recurring gains, were 21 cents per share....

Atmus Filtration: Q1 Earnings Snapshot

May. 03, 2024 06:40 AM EDT

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Atmus Filtration Technologies Inc. (ATMU) on Friday reported first-quarter net income of $45.5 million. The Nashville, Tennessee-based company said it had net income of 54 cents per share. Earnings, adjusted for non-recurring costs,...

Essent Group: Q1 Earnings Snapshot

May. 03, 2024 06:37 AM EDT

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Essent Group Ltd. (ESNT) on Friday reported first-quarter net income of $181.7 million. The Hamilton, Bermuda-based company said it had net income of $1.70 per share. The results topped Wall Street expectations. The...

Yellen says threats to democracy risk US economic growth, an indirect jab at Trump

May. 03, 2024 06:32 AM EDT

WASHINGTON (AP) — Treasury Secretary Janet Yellen is arguing that a fractured democracy can have destructive effects on the economy — an indirect jab at Donald Trump. Yellen, in an address prepared for delivery Friday in Arizona, uses economic data to paint a picture of how...

Johnson Outdoor: Fiscal Q2 Earnings Snapshot

May. 03, 2024 06:22 AM EDT

RACINE, Wis. (AP) — RACINE, Wis. (AP) — Johnson Outdoors Inc. (JOUT) on Friday reported profit of $2.2 million in its fiscal second quarter. The Racine, Wisconsin-based company said it had net income of 21 cents per share. The outdoor gear company posted revenue of...

Proto Labs: Q1 Earnings Snapshot

May. 03, 2024 06:19 AM EDT

MAPLE PLAIN, Minn. (AP) — MAPLE PLAIN, Minn. (AP) — Proto Labs Inc. (PRLB) on Friday reported earnings of $5.3 million in its first quarter. The Maple Plain, Minnesota-based company said it had net income of 20 cents per share. Earnings, adjusted for stock option expense and...

Corebridge: Q1 Earnings Snapshot

May. 03, 2024 06:18 AM EDT

HOUSTON (AP) — HOUSTON (AP) — Corebridge Financial Inc. (CRBG) on Friday reported first-quarter net income of $878 million. On a per-share basis, the Houston-based company said it had net income of $1.41. Earnings, adjusted for non-recurring gains, were $1.10 per share. ...