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Community Financial to buy trust leader ClearPoint in $40M cash deal

Community Financial System (NYSE:CBU) moved to significantly bolster its wealth management business on Thursday, announcing an agreement to acquire ClearPoint Federal Bank & Trust for $40 million in cash.

The deal targets the niche but high-growth "death care" industry, where ClearPoint stands as a national leader in trust administration.

Leia mais: Community Financial to buy trust leader ClearPoint in $40M cash deal
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Technology

Apogee Enterprises lifts dividend 4% to reward shareholders amid strategic shift

Apogee Enterprises (NASDAQ:APOG) announced on Thursday that its Board of Directors has declared a quarterly cash dividend of $0.27 per share, representing a 4% increase from its previous rate of $0.26. The dividend is payable on February 18, 2026, to shareholders of record at the close of business on February 3, 2026.

Leia mais: Apogee Enterprises lifts dividend 4% to reward shareholders amid strategic shift
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Industrials

Insteel earnings surge as infrastructure demand widens profit spreads

Insteel Industries (NYSE:IIIN) reported a sharp increase in first-quarter profitability on Thursday, bolstered by robust demand in infrastructure and commercial construction markets that allowed the company to widen the spread between selling prices and raw material costs.

Leia mais: Insteel earnings surge as infrastructure demand widens profit spreads
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Transport and logistics

Matson projects 2026 operating income to mirror 2025 as tax benefits boost Q4 EPS

Matson (NYSE:MATX) provided a preliminary look at its fourth-quarter financial performance and issued guidance for the coming year, projecting that full-year 2026 consolidated operating income will approach the levels seen in 2025.

Leia mais: Matson projects 2026 operating income to mirror 2025 as tax benefits boost Q4 EPS
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Retail

Keurig Dr Pepper launches €15.7B tender offer for coffee giant JDE Peet’s

Keurig Dr Pepper (NASDAQ:KDP) and its acquisition vehicle, Kodiak BidCo B.V., formally launched a recommended public cash offer for JDE Peet’s N.V. on Thursday, advancing a massive €15.7 billion ($18.4 billion) deal that aims to reshape the global beverage landscape.

Leia mais: Keurig Dr Pepper launches €15.7B tender offer for coffee giant JDE Peet’s