The bank priced a public offering of depositary shares, each representing a 1/100th interest in a preferred share. Bank of New York Mellon priced 500,000 depositary shares in a public offering, with each share representing a 1/100th interest in a preferred share. The share
NFLX reports 13.4% year-over-year revenue increase but falls in postmarket trading on broader market concerns. Netflix (NFLX) saw its shares decline in postmarket trading despite reporting a 13.4% year-over-year revenue increase for the second quarter. Growth was driven by
Ero Copper shares dropped 3.3% despite a Bank of America upgrade citing a 53% discount to peers on EV/EBITDA. Ero Copper (ERO) declined 3.3% Thursday after Bank of America upgraded the stock to Buy from Neutral, highlighting a 53% discount to copper peers based on enterpri
Capital Southwest reports preliminary Q1 net investment income above consensus, signaling stronger-than-expected performance for the quarter. Capital Southwest announced preliminary fiscal Q1 net investment income of $0.58-$0.59 per share, surpassing the Visible Alpha cons
United Microelectronics stock declines $2.61 to $22.31 following a 6% gain over the prior two trading sessions. United Microelectronics (UMC) shares dropped more than 10% on Thursday, reversing a two-day advance that had lifted the stock by over 6% combined. The contract c
U.S. equities retreated 0.5% Thursday as broad declines in global technology stocks weighed on major indexes. The S&P 500 fell 0.5% on Thursday, reversing gains from the prior session as global technology shares faced widespread selling pressure. The Nasdaq Composite, heav
Netflix reports mixed Q2 results with earnings above expectations but revenue slightly below forecasts. Netflix posted Q2 earnings per share of $0.80, exceeding the estimated $0.79, while revenue reached $12.56 billion, slightly below the $12.58 billion forecast. Free cash
AeroVironment shares gain 7.6% on potential Army contract AeroVironment shares rose as much as 7.6% after a senior U.S. Army official suggested the company may be advancing toward a major directed-energy weapons contract. The company's progress on the Army laser wea
U.S. Bancorp reports Q2 2026 EPS of $1.35 and record net revenue of $7.7 billion, citing 10.1% year-over-year growth. U.S. Bancorp projected 7%-9% net revenue growth for 2026, driven by an expected $200M quarterly contribution from BTIG in the second half of the year. The
Micron shares fall $400 in three weeks Micron shares have fallen $400 in the past three weeks and are now at the lowest since May 26. They're down 32% after initially surging on the most-recent quarterly earnings report. The company forecast it would earn $31 per
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