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.

World Wrestling Entertainment founder Vince McMahon will pay more than $1.7 million after he was accused of not disclosing payment agreements related to sexual misconduct with two women, officials said.

Shares of JB Hunt tumbled 10% after the transport company missed Wall Street's fourth-quarter profit targets as revenues continued to decline. The company said it expected margins to shrink again in the first quarter of 2025 as insurance premiums and labor costs continue to rise.

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,

U.S. and global equities posted generally upbeat sessions on Tuesday, with key benchmarks across North America and Europe finishing in positive territory, even as Asian markets delivere

Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.

These 173 leaders will help steer the firm as Wall Street readies for a potential flood of dealmaking, from M&A to IPOs. JPMorgan is reportedly gearing up to call its workers back to the office ...

SEC charges DCG, Genesis, and executives for fraud after 3AC collapse, alleging misleading claims, hidden insolvency, and investor losses.

Wall Street analysts remain overwhelmingly bearish on Palantir despite its strong presence in the artificial intelligence platforms market. Palantir's earnings are forecast to increase 31% in the ...

Analysts expect the Stamford, Connecticut-based company to report quarterly earnings at $1.35 per share, down from $1.46 per share in the year-ago period. Webster Financial projects to report revenue of $687.53 million for the recent quarter, compared to $634.84 million a year earlier, according to data from Benzinga Pro.

Starting in 2017, when the Chinese social video app merged with its competitor Musical.ly, TikTok has grown from a niche teen app into a global trendsetter. While, of course, also emerging as a potential national security threat, according to U.S. officials.