Truist reports $1.16 adjusted EPS amid revenue miss
Truist Financial (NYSE:TFC) reported third-quarter 2026 adjusted earnings of $1.16 per share, exceeding Wall Street's $1.14 estimate, while revenue fell short of expectations.
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Truist Financial (NYSE:TFC) reported third-quarter 2026 adjusted earnings of $1.16 per share, exceeding Wall Street's $1.14 estimate, while revenue fell short of expectations.
Omeros (NASDAQ:OMER) said Europe's drug review committee maintained its negative opinion on narsoplimab for TA-TMA after re-examination, despite the treatment receiving U.S. approval in December 2025.
Citizens Financial Group (NYSE:CFG) reported third-quarter 2026 net income of $636 million, up 29% year over year, while diluted earnings per share increased 34% to $1.41.
Vertical Aerospace (NYSE:EVTL) signed two long-term supplier agreements with ANH Structure and Northrop Grumman LITEF to supply seating and navigation systems for its Valo electric aircraft.
Regions Financial (NYSE:RF) reported third-quarter 2026 earnings available to common shareholders of $611 million, with diluted earnings of $0.71 per share, up 16% year over year.
JinkoSolar (NYSE:JKS) announced that its 54.32%-owned subsidiary Jiangxi Jinko estimates a shareholder-attributable net loss of RMB2.97633 billion–RMB3.57633 billion for the first nine months of 2026.
DataMeds AI (NASDAQ:MEDS) outlined plans on October 16, 2026, for its three Corexa Health divisions following an FDA proposal that could ease compounding restrictions on six peptides.
Microsoft (NASDAQ:MSFT) faces potential UK regulatory restrictions after the Competition and Markets Authority proposed strategic market status for its business software ecosystem on October 16, 2026.
M&T Bank (NYSE:MTB) reported third-quarter 2026 net income of $775 million and diluted earnings of $5.04 per share, reflecting lower quarterly profit despite growth in loans and deposits.
Tesla (NASDAQ:TSLA) shares rose 4.6% to $379 in premarket trading after the automaker unveiled a redesigned Roadster developed with SpaceX, featuring rocket-style thrusters and a 2028 production target.
Li Auto (NASDAQ:LI) announced that its chip subsidiary MHX Technology signed equity financing agreements totaling RMB1.625 billion to support semiconductor development and commercialization.
Brent crude traded at $105.48 per barrel and West Texas Intermediate at $97.40 on October 16, with both benchmarks heading for weekly gains amid tanker attacks near the Strait of Hormuz.
WaFd (NASDAQ:WAFD) reported a 22% increase in fiscal 2026 earnings per share to $3.21, with annual net income reaching $256 million.
Sysco (NYSE:SYY) reached an agreement with Teamsters Locals 630 and 848 on October 15, 2026, to end a Los Angeles strike involving warehouse workers and delivery drivers.
International Seaways (NYSE:INSW) has signed agreements to acquire Bruton in a transaction valued at approximately $370 million, adding four very large crude carriers (VLCCs) to its fleet of approximately 70 vessels.
Silicon Motion (NASDAQ:SIMO) announced a 15% increase in its annual cash dividend to US$2.30 per American Depositary Share, payable in four quarterly installments.
Westamerica Bancorporation (NASDAQ:WABC) reported third-quarter 2026 net income of $28.2 million, representing a 0.4 percent year-over-year decline.
MiniMed (NASDAQ:MMED) completed its separation from Medtronic (NYSE:MDT) today, marking its first official day as an independent company.
Adlai Nortye (NASDAQ:ANL) signed two supply agreements with Lilly and Merck KGaA to evaluate AN4035 alongside cetuximab.
Aquestive Therapeutics (NASDAQ:AQST) received FDA acceptance for its Anaphylm resubmission with a March 16, 2027 action date.
Redwire Corporation (NYSE:RDW) secured purchase orders valued at $13.8 million to supply Stalker Uncrewed Aircraft Systems to the National Guard Bureau.
Cronos Group (NASDAQ:CRON) completed its acquisition of CanAdelaar for a base purchase price of €57.5 million.
MGP Ingredients (NASDAQ:MGPI) will officially rebrand as Sempreon on November 2, 2026, unifying three operating divisions.
Youlife (NASDAQ:YOUL) reported first-half 2026 revenue of RMB1,961.9 million, driven by its expanded workforce platform.
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