LEHI, Utah–(BUSINESS WIRE)–Weave (NYSE: WEAV), a leading all-in-one customer experience software and payments platform for small and medium-sized healthcare businesses, today announced it will release its financial results for the third quarter 2024 after U.S. markets close on Wednesday, October 30, 2024. Company management will host a conference call and webcast at 4:30 p.m. ET to discuss Weave’s financial results and provide a business update. Individuals interested in listening to the conference call may do so by dialing (862) 298-0702 or toll-free at (888) 645-4404. The live webcast and a webcast replay of the conference call can be accessed from…
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TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 42% leap in third-quarter profit on Thursday thanks to soaring demand.The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI across a spectrum of industries.TSMC is set to report a net profit of T$300.1 billion ($9.33 billion) for the quarter ended Sept. 30, according to an LSEG SmartEstimate drawn from 23 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.That estimate compares to the…
Malik Fady Ibraham, Executive Vice President of Research & Development at Cytokinetics Inc. (NASDAQ:), reported significant stock transactions according to a recent SEC filing. On October 15, Ibraham sold a total of 7,300 shares of Cytokinetics common stock, fetching between $54.18 and $54.20 per share. These sales amounted to a total of $395,554. In the same filing, Ibraham reported acquiring 5,300 shares through the exercise of stock options at a price of $7.96 per share, bringing the total value of these acquisitions to $42,188. Following these transactions, Ibraham holds 116,920 shares of Cytokinetics common stock. In other recent news, Cytokinetics…
Prudential Financial Inc. (NYSE:) disclosed its assets under management for the PGIM segment as of September 30, 2024, amounting to $1.400 trillion. This preliminary financial information was released today, ahead of the company’s detailed quarterly earnings report and financial supplement, which are scheduled for publication on October 30, 2024. The announcement, made through an 8-K filing with the Securities and Exchange Commission, provides an update on the New Jersey-based life insurance company’s performance in its investment management division. Prudential’s PGIM segment is known for its broad range of investment products and services, including public and private fixed income, equity, and…
By Sourasis Bose (Reuters) -Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday and lowered its annual forecast as the U.S. pipeline operator contends with weaker commodity prices and lower crude volumes. Shares of the company, whose pipelines move about 40% of total U.S. production, fell 2.6% in extended trade. “For the full year, we expect refined product volumes to be slightly below our plan to 2% over 2023,” President Thomas Martin said in a conference call. U.S. prices declined about 8.1% during the third quarter from a year earlier and concerns persist over global demand.…
On Wednesday, JPMorgan updated its outlook on Synchrony Financial (NYSE: NYSE:), increasing the price target to $59.00 from the previous $53.00 while maintaining a Neutral rating on the stock. The adjustment follows Synchrony Financial’s third-quarter 2024 earnings report, which revealed an adjusted diluted earnings per share (EPS) of $1.94. This figure surpassed both the JPMorgan estimate of $1.71 and the consensus estimate of $1.81, attributed to higher-than-anticipated interest and fees, other income, and lower-than-expected RSA expense. Synchrony Financial has also revised its full-year 2024 EPS guidance upwards to a range of $8.45-$8.55, compared to the earlier forecast of $7.60-$7.80. This…
NEW YORK–(BUSINESS WIRE)–MFA Financial, Inc. (NYSE: MFA) plans to host a live audio webcast of its investor conference call on Wednesday, November 6, 2024, at 11:00 a.m. (Eastern Time) to discuss its third quarter 2024 financial results, which are scheduled to be announced earlier that day. The live audio webcast will be accessible to the general public over the internet at http://www.mfafinancial.com by clicking on the Webcasts & Presentations link on MFA’s home page. Earnings presentation materials will be posted on the MFA website prior to the conference call and an audio replay will be available on the website following…
Amazon is diving deep into nuclear power as part of its ambitious data-center expansion plan, investing over $52 billion across three U.S. states. The e-commerce giant has inked 3 key deals to explore and develop small modular reactors (SMRs). SMRs are a new type of nuclear technology that promises more efficient, compact, and clean power generation. AWS CEO Matt Garman noted that SMRs present unique potential to provide scalable and reliable power to meet the ever-growing energy needs of data centers. Shares of nuclear companies surged following Amazon’s announcement of the agreements. Nano Nuclear Energy and Nuscale Power saw their…
A businessman who invested in the company that took former President Donald Trump’s social media company public was sentenced to 22 months in prison on Wednesday for insider trading related to the deal.Gerald Shvartsman earned at least $4.6 million from trading on private information related to the merger between Digital World Acquisition Corp. and Trump Media & Technology Group, which owns social media platform Truth Social (DJT), according to Bloomberg.Shvartsman and his brother Michael Shvartsman both copped to securities fraud charges in April. Another person involved in the insider trading, Bruce Garelick, was found guilty by a jury in May.…
Check out the companies making headlines in extended trading: Discover Financial — Shares inched lower by 1%. The financial services company posted third-quarter results that surpassed expectations, with earnings of $3.69 per share on $4.45 billion of revenue. Analysts polled by LSEG were calling for earnings of $3.42 per share and revenue of $4.35 billion. CSX — The rail transportation company lost 4% after third-quarter results fell short of Wall Street’s forecasts. CSX reported earnings of 46 cents per share on revenue of $3.62 billion, while analysts polled by LSEG anticipated 48 cents per share in earnings and revenue of…