Construction Partners Q2 Results Top Estimates; Boosts FY24 Outlook

Construction Partners, Inc. (ROAD) reported Friday a net loss for the second quarter that narrowed to $1.12 million or $0.02 per share from $5.48 million or $0.11 per share in the prior-year quarter.

United Bankshares To Acquire Piedmont Bancorp In All-stock Deal Of About $267 Mln

United Bankshares, Inc. (UBSI), the parent company of United Bank, and Piedmont Bancorp, Inc., the parent company of The Piedmont Bank, announced Friday they have entered into a definitive merger agreement under which

Bay Street Likely To Open On Firm Note

Canadian shares look headed for a firm start Friday morning, tracking higher commodity prices, and on optimism about interest rate cuts from major central banks sooner than later. Data on Canadian employment is also set

AlTi Global Swings To Profit In Q1

AlTi Global, Inc. (ALTI) reported Friday net income attributable to AlTi for the first quarter of $29.35 million or $0.18 per share, compared to a net loss of $68.74 million or $1.19 per share in the prior-year quarter.

Boston Omaha Says Co-CEO And Co-Chair Alex Rozek Steps Down On May 9

Diversified company Boston Omaha Corp. (BOC) announced Friday that Alex Rozek, Co-CEO and Co-Chair, has left the Company, effective as of May 9, 2024 to pursue new entrepreneurial opportunities. Adam Peterson will

Better Than Expected Q1 Growth Leads UK Out Of Recession

The UK economy ended a technical recession in the first quarter with the economic output growing better than expected and also marked the strongest since late 2021 led by a rebound in the services output and household

U.S. Consumer Sentiment Tumbles To Six-Month Low In May

A report released by the University of Michigan on Friday showed a substantial deterioration in U.S. consumer sentiment in the month of May. The University of Michigan said its consumer sentiment index plunged to 67.4 in

Japan Data Due On Friday

Japan is scheduled to release a batch of data on Friday, highlighting a busy day for Asia-Pacific economic activity. On tap are March figures for household spending and current account as well as April data for bank

New Zealand Manufacturing Index Improves In April - BusinessNZ

The manufacturing sector in New Zealand continued to contract in April, albeit at a slower pace, the latest survey from BusinessNZ revealed on Friday with a score of 48.9.

South Korea Shares Expected To Open In The Green

The South Korea stock market on Thursday ended the two-day winning streak in which it had jumped almost 70 points or 2.6 percent. The KOSPI now sits just above the 2,710-point plateau and it figures to bounce higher