On a per-share basis, the Stamford, Connecticut-based company said it had profit of 7 cents. Earnings, adjusted for one-time gains and costs, were 52 cents per share. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Webster Financial Corp. (WBS) on Friday reported fourth-quarter profit of $177.8 million. The bank, based in Stamford, Connecticut, said it had earnings of $1.01 per share. Earnings, adjusted for non-recurring costs and pretax expenses, came to $1.43 per share.

The rise in yields, caused in part by worries about stubborn inflation and the U.S. government’s swelling debt, had knocked down stocks and halted the record-breaking run that had carried them through 2024, at least briefly.

TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including AT&T and Diamondback Energy

On the winning side of Wall Street were Novo Nordisk’s U.S.-listed shares, which jumped 8.5%. The Danish company reported results from a clinical trial of a treatment for people who are overweight or obese, which could mean bigger profits in the future.

But for all the noise, many Wall Street professionals believe the policy risk in the healthcare sector is lower than feared. “If you combine the fact that Congress is so divided that making policy changes is going to be just incredibly difficult,

It's not just JPMorgan Chase. Across the industry, banks are rethinking their remote-work policies — but experts say it won't be easy to turn back the clock.

With a market cap of $37.7 billion, Gartner, Inc. (IT) is a globally recognized leader in information technology research and advisory services, providing valuable insights and expertise to help organizations make informed decisions.

The Sackler family owners of Purdue Pharma are offering to increase their financial contribution to a bankruptcy settlement of opioid lawsuits, while agreeing to some exposure to future litigation, the Wall Street Journal reported on Monday.

Chase Coleman III, the head of Tiger Global Management, the New York-based hedge fund he founded in 2001, has appeared in several recent 24/7 Wall St. articles.  Retail investors heavily follow the billionaire investor because he is a Tiger Cub,

The S&P 500 climbed 0.9%, while many markets around the world took only tentative steps following Donald Trump’s return to the White House on Monday. The Dow Jones Industrial Average rose 538 points, or 1.2%, and the Nasdaq composite added 0.6%.

Bank of America Securities analyst Jessica Reif Ehrlich maintained a Buy rating on Charter Communications (CHTR – Research Report) today. The