RUSTON: Century Next Financial Corp. (OTCQX: CTUY), the holding company for Century Next Bank, reported record earnings for the second quarter ended June 30, 2025, driven by strong deposit growth and improved net interest income. Net income rose to $3.94 million, a 28.5% increase from $3.06 million in the same quarter last year. Earnings per…
SLB posts steady second-quarter revenue as global market holds firm
HOUSTON: SLB (NYSE: SLB) reported second-quarter revenue of $8.55 billion, a 1% sequential increase, as steady demand across international markets offset regional slowdowns and subdued upstream spending. The oilfield services provider posted net income of $1.01 billion on a GAAP basis, with diluted earnings per share of $0.74—up 28% sequentially but 4% below the prior-year…
Charles Schwab 2Q profit jumps 60% as investor activity fuels asset surge
The Charles Schwab Corporation posted second-quarter GAAP net income of $2.1 billion, or $1.08 per share, marking a 60% rise from the year-earlier period as robust asset gathering and diversified revenues powered earnings growth. Excluding $128 million in transaction-related costs, adjusted earnings climbed to $2.2 billion, or $1.14 per share. CEO Rick Wurster credited Schwab’s…
AMCON Distributing posts $2.13 EPS in Q3; Seeks strategic expansion amid inflationary pressures
OMAHA: AMCON Distributing Company (NYSE American: DIT) reported third-quarter diluted earnings per share of $2.13, with net income of $1.3 million as the Omaha-based distributor advances its integration efforts following recent acquisitions. Quarterly Highlights Chairman and CEO Christopher H. Atayan said the company is focused on expanding its customer-centric services, with system integration positioning AMCON…
Pavilion Payments acquires CasinoSoft, bolstering compliance and automation offerings
LAS VEGAS: Pavilion Payments, a leading provider of omnichannel payment solutions for the gaming industry, has acquired CasinoSoft, a long-standing developer of AML/Title 31 compliance, tax form automation, jackpot handling, and regulatory reporting software. The acquisition integrates Pavilion Payments’ seamless funding ecosystem with CasinoSoft’s powerful compliance tools, forming a unified platform that streamlines casino operations—from…
Hunt Companies acquires majority stake in Carter to bolster U.S. mixed-use development push
ATLANTA: Hunt Companies Inc., an El Paso-based holding company with interests spanning real estate, infrastructure and financial services, has acquired a majority stake in Carter, a leading real estate investment and development firm headquartered in Atlanta. The acquisition strengthens Carter’s position in mixed-use and residential development and expands its platform to pursue large-scale opportunities across…
US Stocks end mixed as investors weigh strong data against tariff risks
Dow Jones sheds 125 points as trade worries temper investor optimism U.S. stocks closed mixed Friday as fresh economic data reassured investors about growth, even as tariff tensions resurfaced. The tech-heavy Nasdaq Composite (IXIC) inched higher to a new closing record, while the S&P 500 (GSPC) and Dow Jones Industrial Average (DJI) gave back modest…
Bonduelle completes sale of French packaged salad business to LSDH Group
PARIS: The Bonduelle Group finalized the sale of its packaged salad business in France to the LSDH Group on July 17, the company said Friday. The deal, first announced on Aug. 29, 2024, marks Bonduelle’s strategic exit from a segment that has faced a decade-long decline in domestic consumption. The business represented approximately 3.5% of…
EQT to acquire majority stake in European pharma company Adalvo from Aztiq
LONDON: Aztiq has agreed to sell its majority stake in Adalvo to global investment firm EQT, expanding EQT’s portfolio in the pharmaceutical sector across Europe, Asia Pacific and the Americas. Founded by Aztiq in 2018, Adalvo has grown into a leading business-to-business pharmaceutical company, employing more than 280 staff and maintaining over 170 commercial partnerships…
Autosports Group to acquire Gulson Canberra including Porsche dealership
SYDNEY: Autosports Group Ltd. (ASX: ASG) announced Friday it will acquire Gulson Canberra, including Porsche Centre Canberra, in a deal valued at approximately A$13 million. The acquisition marks Autosports Group’s first entry into the Australian Capital Territory market and is scheduled for completion in September 2025. Assets will be held by Autosports Group’s wholly owned…
Reckitt to divest essential home unit to Advent International for up to $4.8 billion
LONDON: Reckitt Benckiser Group plc announced Friday it will divest its Essential Home business to Advent International in a deal valued at up to $4.8 billion, marking a key milestone in Reckitt’s strategic shift toward a leaner, consumer health-focused portfolio. As part of the transaction, Reckitt will retain a 30% equity stake in Essential Home,…
Metals One acquires stake in U.S. uranium project; Expands portfolio
LONDON: Metals One Plc (AIM: MET1), a UK-based minerals exploration company, has acquired a 10% stake in NovaCore Exploration Inc., a private U.S. firm developing the Red Basin Uranium Project in New Mexico. The transaction supports Metals One’s U.S. uranium strategy, expanding its exploration footprint to three early-stage assets. NovaCore controls approximately 15,000 acres in…