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BusinessOct 23Bharat Petroleum’s net profit dips amid volatile crude prices in Q2Bharat Petroleum’s revenues spurred 29% whilst net profit declined 22.5% on a year-over-year basis in Q2The Hindu
BusinessOct 23First Bank targets $300m annual loan growth for 2027 as it launches $24m buybackFirst Bank aims for $300 million in annual loan growth by 2027 and has initiated a $24 million stock buyback. This indicates strategic financial planning and investment by the bank.Seeking Alpha Tech
BusinessOct 23Moneyfarm rejects eToro's takeover offer - reportMoneyfarm has reportedly rejected a takeover offer from eToro. This signifies a significant development in the financial technology sector's competitive landscape.Seeking Alpha Tech
BusinessOct 23Vitec highlights 15% sales growth while adding two acquisitions entering Q4Vitec has reported a 15% sales growth and completed two acquisitions as it enters the fourth quarter. This indicates company expansion and positive financial performance.Seeking Alpha Tech
BusinessOct 23Hilltop anticipates 7% to 8% full-year average loan growth in 2026 as deposit costs trend higherHilltop anticipates a 7% to 8% average loan growth for the full year in 2026, while also noting a trend of increasing deposit costs. This reflects the company's financial outlook and market conditions.Seeking Alpha Tech
BusinessOct 23This business hasn’t had a layoff in its 75 year history and other companies are clamoring to know whyFounded 75 years ago, the St Louis manufacturer has scaled to 1,300 employees and $400 million in sales without downsizingThe Independent World
BusinessOct 23Eko Power assures solar users of no penaltiesEko Power Ltd. says customers who invest in solar energy will not be penalised or disconnected for low electricity consumption. Mr Abiola Aloba, General Manager, Corporate Communication Unit of Eko Power, said this in a statement on Friday in Lagos. The company’s clarification followed a complaint by Mr Raphael Awoseyin on Oct. 19, alleging repeated […] The post Eko Power assures solar users of no penalties appeared first on Vanguard News.Vanguard Nigeria
BusinessOct 23American Express to cut 5% of staff to gain efficiency and automate with AIAmerican Express will reduce its workforce by 5%, eliminating 3,500 positions, to optimize its structure and adopt artificial intelligence. The firm reported a 28% rise in quarterly profits, reaching 3.712 billion dollars, and a 9% increase in revenue.Clarín
BusinessOct 23Crude oil sourcing presently volatile; procuring more on landed basis: HPCL ChiefVikas Kaushal, Chairman and Managing Director (CMD) informed the state-owned OMC is procuring more on landed basis than on FOB basis and term contractsThe Hindu
BusinessOct 23Midday Pulse: S&P 500 top intraday losersThis article reports on the top intraday losers in the S&P 500. This provides a snapshot of daily stock market performance.Seeking Alpha Tech
BusinessOct 23Midday Pulse: S&P 500 top intraday gainersThis article reports on the top intraday gainers for the S&P 500, indicating routine stock market performance. It matters as it provides an update on financial market activity.Seeking Alpha Tech
BusinessOct 23Alpine income property trust outlines higher 2026 AFFO of $2.20-$2.22 as acquisitions accelerateAlpine Income Property Trust has projected higher Adjusted Funds From Operations (AFFO) for 2026, ranging from $2.20 to $2.22, due to accelerated acquisitions. This indicates a positive financial outlook for the company.Seeking Alpha Tech
BusinessOct 23Oil Hits $116 With Stocks Mixed On Earnings, AIBenchmark international oil contract Brent crude for December delivery rose as high as $116.73 per barrel, the highest since late April. The post Oil Hits $116 With Stocks Mixed On Earnings, AI appeared first on Channels Television.Channels TV
BusinessOct 23Kalshi pitches a futures market tied to inflation - reportKalshi is reportedly proposing a new futures market specifically linked to inflation. This development could offer new tools for hedging or speculating on economic trends.Seeking Alpha Tech
BusinessOct 23Orchid Island outlines high-teens ROE potential as it continues buybacks with shares at >20% discount to bookOrchid Island Capital has outlined a potential for high-teens Return on Equity as it continues its share buyback program. This occurs while the company's shares are trading at more than a 20% discount to their book value.Seeking Alpha Tech
BusinessOct 23Selective outlines 96.5%-97.5% 2026 combined ratio outlook as it raises after-tax net investment income view to $490MSelective Insurance has provided its 2026 combined ratio outlook, projecting 96.5%-97.5%, and has increased its after-tax net investment income forecast to $490 million. This update offers insight into the company's future financial expectations.Seeking Alpha Tech
BusinessOct 23CVS Caremark, Express Scripts, Optum Rx targeted in House investigationMajor pharmacy benefit managers CVS Caremark, Express Scripts, and Optum Rx are subjects of a House investigation. This indicates increased scrutiny on their business practices within the healthcare sector.Seeking Alpha Tech
BusinessOct 23Eni to keep price cap on petrol and diesel through the end of the year'We will monitor market and price dynamics' says DescalziANSA [en]
BusinessOct 23EU trade Chief seeks to rebalance EU-China trade as Brussels weighs tougher measuresThe European Commission hopes to curb Chinese imports in additional sectors in upcoming talks with Beijing while exploring new trade defence measures, though the move risks triggering retaliatory action from China.EuroNews [en]
BusinessOct 23Wells Fargo, Arm, Intuit among companies objecting to tokenizing stocks on OKXICE - reportMajor companies including Wells Fargo, Arm, and Intuit are reportedly objecting to the tokenization of stocks on OKXICE. This indicates a significant disagreement or concern among key financial players regarding new digital asset technologies.Seeking Alpha Tech
BusinessOct 23American Express reaffirms 10% revenue growth and raises 2026 EPS outlook to $18.30-$18.60 amid restructuringAmerican Express reaffirmed its revenue growth target and increased its 2026 earnings per share outlook as it undergoes restructuring. This is routine financial reporting reflecting a company's performance and future projections.Seeking Alpha Tech
BusinessOct 23Analysts weigh in on Moderna's big drop following cancer vaccine resultsAnalysts are assessing Moderna's significant stock drop, which occurred after the release of its cancer vaccine results. This reflects the financial market's reaction to pharmaceutical trial outcomes.Seeking Alpha Tech
BusinessOct 23Infosys forecasts 1%-2% FY'27 growth as $2B mega deal is expected to add over 1% next yearInfosys has forecasted a 1%-2% growth for fiscal year 2027, anticipating that a $2 billion mega deal will contribute over 1% to its growth next year. This indicates positive business outlook and significant strategic deals for the company.Seeking Alpha Tech
BusinessOct 23First HoldCo’s nine-month profit leaps 63% to N744.5 billionThe commercial banking division of the group accounted for 94 per cent of turnover and 87.4 per cent of post-tax profit. The post First HoldCo’s nine-month profit leaps 63% to N744.5 billion appeared first on Premium Times Nigeria.Premium Times
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