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.

The former Stamford headquarters of sports-entertainment giant WWE has been sold to a local development company that wants to convert the now empty office building into luxury apartments.  WWE’s former 90,

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.

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.

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.

The company expects full-year earnings in the range of $1.70 to $2.70 per share. American Airlines shares have increased 7% since the beginning of the year. The stock has increased 37% in the last 12 months.

Wall Street Breakfast, Seeking Alpha's flagship daily business news summary, is a one-page summary that gives you a rapid overview of the day's key financial news. It is designed for easy ...

The Committee on Children's priorities will include child care costs and staff pay, safety technology in schools and universal free meals.

Opinion Columnist, The Americas, The Wall Street Journal Ms. O'Grady joined the paper in August 1995 and became a senior editorial page writer in December 1999.

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

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,

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.