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The Federal Reserve now seems likely to raise its federal funds rate three times, starting from December, say ANZ Research economists in a note. They cite persistent supply shocks, including the recent escalation of the Middle East conflict, and the risk they pose to inflation expectations and unde…
John Wiley & Sons said Q1 Research publishing revenue rose 12%, while Learning revenue fell 20%. The company reiterated full-year guidance for mid-single-digit organic revenue growth, adjusted EPS of $4.60 to $5.05 and free cash flow of $205 million.
VersaBank said Q3 2026 brought record credit assets, revenue and net interest income, with net income up 53% year over year and total assets topping $7 billion for the first time.
VersaBank reported record Q3 credit assets, revenue and net interest income, with net income up 53% year over year and adjusted net income up 27%, driven mainly by its U.S. Structured Receivable Program.
G-III Apparel reported second-quarter net sales of $554 million, slightly below plan, while non-GAAP EPS came in at $0.26, above guidance of $0.15 to $0.25. Gross margin expanded 440 basis points year over year.