State Street Q3 EPS beats estimates as revenue reaches $4B
State Street Corporation (NYSE:STT) reported third-quarter 2026 financial results, with adjusted earnings per share of $3.69, beating analyst expectations of $3.67.
State Street Corporation (NYSE:STT) reported third-quarter 2026 financial results, with adjusted earnings per share of $3.69, beating analyst expectations of $3.67.
The President of the auto lobby ACEA Ola Källenius, who's also the CEO of Mercedes-Benz Group, welcomed the recent deal to cap the imports of Chinese hybrid vehicles to the EU. He called for a level-playing field and the EU to increase its competitiveness. He spoke with Bloomberg's Oliver Crook in Brussels.
DeepL CEO Jarek Kutylowski discusses surging demand for voice-to-voice translation and how AI is transforming global business. He also addresses competition with OpenAI and Anthropic, DeepL's AWS strategy, European data sovereignty, recent workforce cuts and why the company is comfortable remaining private. He spoke with Bloomberg's Tom Mackenzie, at the International AI Summit in Dublin, Ireland.
Former St. Louis Federal Reserve President James Bullard discusses his outlook for the Fed's policy path through the end of the year on "Bloomberg Surveillance."
Entrada Therapeutics (NASDAQ:TRDA) announced initial results from the first cohort of its Phase 1/2 ELEVATE-45-201 study evaluating ENTR-601-45 in patients with Duchenne muscular dystrophy.
Eton Pharmaceuticals (NASDAQ:ETON) announced exclusive U.S. licensing and supply agreements with Aquestive Therapeutics (NASDAQ:AQST) for LIBERVANT, a seizure-cluster treatment.
Sono-Tek (NASDAQ:SOTK) reported fiscal first-half 2027 financial results, with revenue increasing 6% year over year to $10.893 million.
Bank of America's stock and fixed-income traders missed estimates in the third quarter, with bond-trading revenue falling 17% to $2.55 billion and equity trading down 10% to $2.51 billion. The bank's results were also hurt by a charge tied to a regulatory penalty over money laundering and sanctions violations. Kristine Aquino reports on Bloomberg Television.
Fastenal (NASDAQ:FAST) reported third-quarter 2026 financial results, delivering higher-than-expected revenue and earnings.
Bank of America (NYSE:BAC) reported third-quarter 2026 financial results with adjusted earnings per share of $1.08, compared with analyst expectations of $1.10.
Federal Reserve Vice Chair for Supervision Michelle Bowman said that although inflation remains above the central bank's goal, "I think we have some time to wait and see how financial conditions and the economy evolves." She spoke Wednesday with Institute of International Finance CEO Tim Adams at the IIF Annual Membership Meeting in Bangkok.
National Fuel Gas (NYSE:NFG) announced that its board of directors approved a plan to spin off its Integrated Upstream and Gathering (IUG) business into a separate public company.
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