Provident Financial Services reported a stable first quarter of 2026 with net income of $79.4 million, or $0.61 per diluted share, slightly down from the previous quarter. Despite a dip in earnings per share and increased credit watch concerns related to senior housing loans, the company maintained strong profitability through record noninterest income of $31.5 million and core margin improvements. Loan growth improved with a commercial pipeline reaching $3.11 billion, and tangible book value increased by 2.1% quarter-over-quarter. Investors should monitor the senior housing-related nonperforming loans as a key risk factor going forward.
Emerson Electric announced a collaboration with Saudi Aramco to co-develop next-generation corrosion management solutions using ultrasonic online monitoring and wireless technology. This partnership aims to improve operational safety and performance ...
Natural Grocers, a leading organic grocery retailer, is opening its first store in Wisconsin on June 10, 2026, in Lake Geneva. The grand opening will feature giveaways, discounts, a prize wheel, and a $2,500 donation to the Lake Geneva Food Pantry, h...
Current inflation trends in the U.S. are often compared to the 1970s stagflation, but experts highlight key differences. Unlike the 1970s, today's inflation is driven mainly by supply-side pressures such as rising commodity prices and geopolitical te...
Dycom Industries reported a record first quarter with contract revenues up 56.1% to $1.965 billion and adjusted net income nearly doubling to $134.3 million. The company raised its full-year fiscal 2027 revenue outlook to $7.38-$7.65 billion, driven ...
Autolus Therapeutics, a biopharmaceutical company specializing in next-generation T cell therapies, announced it will present at two upcoming investor conferences: William Blair’s Growth Stock Conference on June 2 and Jefferies Global Healthcare Conf...
