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3M Company (NYSE: MMM), a leading manufacturer and distributor of industrial products and solutions, on Tuesday reported an increase in sales and adjusted earnings for the third quarter of fiscal 2025. The company’s third-quarter sales increased 3.5% year-over-year to $ $6.5 billion; organic sales up 2.6% YoY At 22.2%, operating margin was up 130 bps; … Read more
An aerial view of residential homes, many with solar panels, on Sept. 17, 2025 in Fontana, California. Mario Tama | Getty Images Mortgage rates last week dropped to the lowest level in a month, pushing more borrowers to refinance. Potential homebuyers, however, were not as enthused. The average contract interest rate for 30-year fixed-rate mortgages … Read more
Financial services company Fifth Third Bancorp (NASDAQ: FITB) has announced results for the third quarter of fiscal 2024, reporting an increase in interest income and earnings. Net income available to common shareholders was $608 million or $0.91 per share, vs. $532 million or $0.78 per share in the year-ago quarter Net interest income rose to … Read more
State Street Corporation (NYSE: STT), a bank holding company, announced results for the third quarter of FY25, reporting higher revenue and profit. Third-quarter revenue increased 9% Y-o-Y to $3.55 billion, helped by higher fee revenue Fee revenue increased by 8% in Q3, reflecting broad-based strength across the franchise. Net interest income decreased 1% annually, mainly … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Standard & Poors on Friday cut France’s credit rating on expectations that its debt will rise higher than previously anticipated in the coming years, heaping pressure on Prime Minister Sébastien Lecornu’s budget plans. S&P is … Read more
KeyCorp (NYSE: KEY), a provider of retail and commercial banking services, on Thursday reported an increase in adjusted earnings for Q3 FY25 when the company’s interest income rose in double digits. Q3 revenue more than doubled to $1.9 billion; net interest income rose 24% YoY to $1.19 billion Net income from continuing operations attributable to … Read more
Folks, if you’re glued to the markets this morning like I am, you’ve probably spotted that wild mover on your screen: SCNX, the ticker for Scienture Holdings. As of this writing, shares are rocketing up over 30% in pre-market trading, turning heads and lighting up trading desks everywhere. That’s the kind of pop that gets … Read more
Real estate investment trust Prologis, Inc. (NYSE: PLD) on Wednesday reported an increase in revenues and a decline in earnings for the third quarter of fiscal 2025. Total third-quarter revenues moved up to $2.21 billion from $2.04 billion in the same period last year Net income attributable to shareholders came in at $763 million in … Read more
Abbott Laboratories (NYSE: ABT) reported higher sales and adjusted earnings for the third quarter of fiscal 2025. The healthcare company also reaffirmed its full-year 2025 guidance. Total sales increased 6.9% year-over-year to $11.37 billion in the third quarter, which is broadly in line with analysts’ estimates. Organic sales grew 5.5%, or 7.5% excluding COVID-19 testing-related … Read more
European stocks are expected to open higher on Wednesday, rebounding after touching a two-week low in the previous trading session.
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