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Unity Bancorp Q4 EPS Misses Estimates
(RTTNews) - Unity Bancorp, Inc. (UNTY), parent company of Unity Bank, reported Friday a fourth-quarter net income of $10.0 million or $0.93 per share, compared to $9.7 million or $0.93 per share in the prior-year quarter.
On average, three analysts polled by Thomson Reuters expected the company to report earnings of $1.01 per share for the quarter. Analysts' estimates typically exclude special items.
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Richemont Shares Gain On Higher FY25 Results, Dividend Hike
Shares of Richemont SA were gaining around 6 percent in the Swiss trading after the Cartier owner reported higher net profit and sales in its fiscal 2025 on strong Jewellery performance. Meanwhile, earnings from continuing operations was lower than last year amid weak China results. Further, the luxury goods firm declared higher dividend.
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8 minuter sedan
U.S. Import, Export Prices Unexpectedly Inch Up 0.1% In April
The Labor Department released a report on Friday unexpectedly showing modest increases by U.S. import and export prices in the month of April.
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48 minuter sedan
EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe
The European Commission has invited public response regarding Microsoft Corp.'s offers to address competition concerns related to Teams. In a statement, the EU agency noted that the tech major has offered commitments, among others, to sell its Office product without communication and collaboration product Teams at a lower price than Office with Teams.
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Bay Street Likely To Extend Gains
Canadian shares are likely to extend recent gains as the mood is likely to remain positive Friday morning amid easing tensions about tariffs.
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U.S. Housing Starts Rebound In April But Building Permits Pull Back Sharply
While the Commerce Department released a report on Friday showing a rebound by new residential construction in the U.S. in the month of April, the report also showed a substantial pullback by building permits during the month.
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56 minuter sedan
FTSE 100 Advances Again
U.K. stocks are moving higher on Friday as investors continue to cheer the recent tariff agreement between U.S. and China, and news about a positive progress in talks between the EU bloc and U.S. for lowering the tariffs from earlier proposed levels.
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Sensex, Nifty End Modestly Lower In Cautious Trade
Indian shares ended modestly lower on Friday but logged strong gains for the week, fueled by easing trade and geopolitical tensions.
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CAC 40 Advances On Easing Trade Tensions
French stocks are up in positive territory on Friday, extending gains from the previous session, amid easing fears of a trade war.
Following announcements of U.S.-UK pact, and U.S.-China deal, reports about a positive progress in the EU bloc's discussions with the U.S. for considerable tariff reductions have bolstered investor sentiment.
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