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The bank’s leadership added Holt Chetwood as Regional Executive Vice President for the South Region. In this role he will oversee 55 branches across South Carolina and parts of Georgia, manage business and branch banking operations, and lead a team of over 400 associates.
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23/04/2026 | First Citizens BancShares, Inc.
First Citizens BancShares (FCNCA) will report earnings for the quarter ended March 31 2026 before the U.S. markets open on April 23. Analysts expect revenue of $2.17 billion, a 1.5 % increase from the same quarter last year, and earnings per share of $39.08, up 3.4 % year‑over‑year. The consensus efficiency ratio is 63.1 %, the net interest margin...
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23/04/2026 | First Citizens BancShares, Inc.
Organic sales grew 1.2 % YoY, offset by positive currency translation and the impact of acquisitions and divestitures. 3M launched 84 new products in the quarter, 35 % more than the previous year, and is on track to introduce 350 products in 2026, ahead of the Investor Day target of 1,000 new items through 2027. The Madison Fire & Rescue acquisitio...
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23/04/2026 | 3M Company
The stock fell 1.3 % to $149.50 following the earnings release, reflecting a 30 % discount to an intrinsic‑value estimate of $177.32. The day of the release, the stock slipped 2 % and was the largest loser in the Dow, contributing to a 5.4 % year‑to‑date decline. Market sentiment remained mixed, with a 7.95 % rise in the CBOE Volatility Index to 18...
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23/04/2026 | 3M Company
Strategically, 3M is expanding its data‑center footprint and has doubled manufacturing capacity for its Expanded Beam Optical interconnect technology. New heat‑dissipation solutions for electrical systems and improved interconnectors for data centers are in development. In a significant portfolio move, 3M acquired Madison Fire & Rescue from Bain Ca...
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23/04/2026 | 3M Company
Cash generation was strong: adjusted free‑cash‑flow conversion exceeded 100 % for the quarter, with free cash flow of $0.5 billion and cash returned to shareholders totalling $2.41 billion, comprising $2.4 billion in share repurchases and dividend payouts. For full‑year 2026, management reiterated guidance of adjusted EPS $8.50–$8.70, organic sales...
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23/04/2026 | 3M Company
First‑quarter 2026 results for 3M Company (MMM) posted revenue of $6.03 billion, a 1.3 % year‑over‑year rise, and adjusted earnings per share of $2.14, beating the consensus estimate of $1.98. Operating margin climbed to 23.2 %, up 30 basis points from the same period in 2025, while adjusted operating income reached $1.40 billion. The Safety and In...
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23/04/2026 | 3M Company
Market reception to the rolling NDA announcement was muted, with BLTE’s stock closing at $165.23 on the day, a decline of 0.12%. This slight dip reflects typical market adjustment to developmental milestones. Nonetheless, the combination of regulatory designation, positive Phase 3 data, and significant capital raise positions Belite for a strategic...
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23/04/2026 | Belite Bio, Inc
Funding momentum follows the rolling submission. The company recently closed a $402 million underwritten public offering, earmarked for commercialization plans and pipeline expansion. Investor engagement is bolstered by a scheduled presentation at the Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on April 28 2026, wher...
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23/04/2026 | Belite Bio, Inc
In parallel, Belite has completed enrollment in a Phase 2/3 study of tinlarebant in adolescent STGD1 patients (DRAGON II) and launched a Phase 3 PHOENIX trial to evaluate efficacy in geographic atrophy associated with age‑related macular degeneration. These parallel trials aim to broaden tinlarebant’s therapeutic reach beyond STGD1.
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23/04/2026 | Belite Bio, Inc