Northern Trust Corporation reported a 14% revenue increase and 43% EPS growth in Q1 2026, driven by higher servicing fees and net interest income. The company benefits from strong secular demand for custodian services and maintains a 100% payout ratio with solid Tier 1 capital, offering attractive capital returns and defensive positioning. Despite risks from equity market declines and interest rate volatility, long-term growth prospects and client wins support a positive investment outlook. The stock has risen 46% over the past year but still trades below historical peaks, presenting potential upside.
NIRI Florida has announced its Board of Directors for the 2026-2027 term, with Charlotte Murnan appointed as President. The board includes professionals from various companies, focusing on growing membership and delivering valuable programming for in...
7th Avenue, a Los Angeles-based modern furniture brand, has opened its first showroom on Long Island at Walt Whitman Shops in Huntington Station, New York. This 1,206-square-foot experiential space allows customers to try and customize modular sofas ...
SK Hynix, a trillion-dollar South Korean chipmaker, will start trading on Nasdaq under the ticker SKHY on July 10, marking its first US listing. Following this, GraniteShares will launch two ETFs on July 13: a 2x long ETF (SKUU) and a 2x short ETF (S...
Duolingo has been upgraded to a buy rating following a significant decline in its stock price, which now presents an attractive entry point for investors. Despite slower revenue growth due to management prioritizing user growth over monetization, dai...
Strategy increased the dividend on its preferred stock STRC to 12% and authorized a $1 billion buyback program prioritizing STRC, aiming to boost its price toward the $100 target. Despite these moves and a new framework allowing flexible share issuan...
