# Business News

Canonical URL: https://www.tokenpost.com/news/business?page=107
Page 107 of 346. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [Gilead Agrees to Acquire PepStar’s Oral IL-23R Program for $1.275B](https://www.tokenpost.com/news/business/39049)

By John Kim | Business
Published: 2026-10-23T14:31:41.000Z
Updated: 2026-10-23T14:31:41.000Z

Lead candidate HCXT-2001 is in Phase 1. Closing is expected in the fourth quarter of 2026, subject to customary conditions.

[Full text](https://www.tokenpost.com/news/business/39049.md) | [Citation metadata](https://www.tokenpost.com/news/business/39049.json)

## [Sallie Mae Reports About $375 Million in Revenue, $0.19 Per-Share Loss](https://www.tokenpost.com/news/business/39048)

By John Kim | Business
Published: 2026-10-23T14:30:55.000Z
Updated: 2026-10-23T14:30:55.000Z

Net interest income was $339 million and noninterest income was $36 million, both rounded figures.

[Full text](https://www.tokenpost.com/news/business/39048.md) | [Citation metadata](https://www.tokenpost.com/news/business/39048.json)

## [Marten Transport Posts $0.04 GAAP EPS on $223.2 Million Q3 Revenue](https://www.tokenpost.com/news/business/39047)

By John Kim | Business
Published: 2026-10-23T14:25:41.000Z
Updated: 2026-10-23T14:25:41.000Z

The company is listed on Nasdaq under the ticker MRTN.

[Full text](https://www.tokenpost.com/news/business/39047.md) | [Citation metadata](https://www.tokenpost.com/news/business/39047.json)

## [Oakworth Capital Revenue Rises 17% to $70.7 Million Through September](https://www.tokenpost.com/news/business/39045)

By John Kim | Business
Published: 2026-10-23T14:23:23.000Z
Updated: 2026-10-23T14:23:23.000Z

Pre-tax, pre-provision income rose 28% to $28.3 million from $22.1 million in the year-earlier period.

[Full text](https://www.tokenpost.com/news/business/39045.md) | [Citation metadata](https://www.tokenpost.com/news/business/39045.json)

## [South Plains Financial Posts $1.06 Q3 EPS as Revenue Grows 20.3%](https://www.tokenpost.com/news/business/39043)

By John Kim | Business
Published: 2026-10-23T14:21:21.000Z
Updated: 2026-10-23T14:21:21.000Z

Revenue reached $65.2 million, matching forecasts and climbing 20.3% year over year. GAAP EPS topped estimates by 8 cents.

[Full text](https://www.tokenpost.com/news/business/39043.md) | [Citation metadata](https://www.tokenpost.com/news/business/39043.json)

## [Oregon Pacific Bancorp Posts $10.87 Million in Q3 Revenue](https://www.tokenpost.com/news/business/39040)

By John Kim | Business
Published: 2026-10-23T14:17:22.000Z
Updated: 2026-10-23T14:17:22.000Z

Revenue increased 9.8% year over year, while GAAP earnings per share were $0.38.

[Full text](https://www.tokenpost.com/news/business/39040.md) | [Citation metadata](https://www.tokenpost.com/news/business/39040.json)

## [Boston Beer Raises 2026 Earnings Floor as Volume Outlook Weakens](https://www.tokenpost.com/news/business/39038)

By John Kim | Business
Published: 2026-10-23T14:15:09.000Z
Updated: 2026-10-23T14:15:09.000Z

Third-quarter net revenue fell 3.2%, while shipments and depletions declined. The company raised its minimum earnings and gross-margin forecasts.

[Full text](https://www.tokenpost.com/news/business/39038.md) | [Citation metadata](https://www.tokenpost.com/news/business/39038.json)

## [Universal Insurance Revenue Climbs 9.6% as Combined Ratio Improves](https://www.tokenpost.com/news/business/39036)

By John Kim | Business
Published: 2026-10-23T14:12:19.000Z
Updated: 2026-10-23T14:12:19.000Z

Adjusted diluted EPS reached $1.93, and policies in force increased 7.9% year over year to 953,611.

[Full text](https://www.tokenpost.com/news/business/39036.md) | [Citation metadata](https://www.tokenpost.com/news/business/39036.json)

## [Associated Banc-Corp’s Q3 Net Income Rises 18% to $143.7 Million](https://www.tokenpost.com/news/business/39035)

By John Kim | Business
Published: 2026-10-23T14:08:30.000Z
Updated: 2026-10-23T14:08:30.000Z

GAAP diluted EPS was $0.76, up from $0.73 a year earlier, as net interest income advanced 24%.

[Full text](https://www.tokenpost.com/news/business/39035.md) | [Citation metadata](https://www.tokenpost.com/news/business/39035.json)

## [Western Digital Raises Quarterly Dividend 17% to $0.175 Per Share](https://www.tokenpost.com/news/business/39033)

By John Kim | Business
Published: 2026-10-23T14:05:07.000Z
Updated: 2026-10-23T14:05:07.000Z

The payment is scheduled for Dec. 17 for shareholders of record Dec. 4; fiscal second-quarter revenue guidance implies 66% to 72% year-over-year growth.

[Full text](https://www.tokenpost.com/news/business/39033.md) | [Citation metadata](https://www.tokenpost.com/news/business/39033.json)

## [VeriSign Revenue Climbs 5.7% in Q3 as GAAP EPS Misses Estimates](https://www.tokenpost.com/news/business/39032)

By John Kim | Business
Published: 2026-10-23T14:03:01.000Z
Updated: 2026-10-23T14:03:01.000Z

Revenue reached $443 million, beating estimates by $2.5 million. GAAP earnings per share were $2.35, or $0.07 below estimates.

[Full text](https://www.tokenpost.com/news/business/39032.md) | [Citation metadata](https://www.tokenpost.com/news/business/39032.json)

## [Enova International Beats Q3 Non-GAAP EPS Estimates as Revenue Rises 25.8%](https://www.tokenpost.com/news/business/39028)

By John Kim | Business
Published: 2026-10-23T13:57:43.000Z
Updated: 2026-10-23T13:57:43.000Z

Non-GAAP earnings per share were $4.48, 8 cents above estimates, while revenue reached $1.01 billion and topped estimates by $10 million.

[Full text](https://www.tokenpost.com/news/business/39028.md) | [Citation metadata](https://www.tokenpost.com/news/business/39028.json)

## [Asia May Need $1 Trillion a Year to Strengthen Energy Security](https://www.tokenpost.com/news/business/39026)

By John Kim | Business
Published: 2026-10-23T13:55:49.000Z
Updated: 2026-10-23T13:55:49.000Z

Asia could account for about 70% of global net energy demand growth through 2040, while annual grid investment may exceed $300 billion by 2030.

[Full text](https://www.tokenpost.com/news/business/39026.md) | [Citation metadata](https://www.tokenpost.com/news/business/39026.json)

## [PG&E CEO Says Company May Sell or Spin Off Gas Business](https://www.tokenpost.com/news/business/39024)

By John Kim | Business
Published: 2026-10-23T13:51:10.000Z
Updated: 2026-10-23T13:51:10.000Z

The possibility followed California lawmakers’ adjournment without approval of wildfire legislation PG&E had sought.

[Full text](https://www.tokenpost.com/news/business/39024.md) | [Citation metadata](https://www.tokenpost.com/news/business/39024.json)

## [Kilroy Realty Updates 2026 FFO Outlook as Q3 Revenue Hits $271.6M](https://www.tokenpost.com/news/business/39022)

By John Kim | Business
Published: 2026-10-23T13:49:42.000Z
Updated: 2026-10-23T13:49:42.000Z

Third-quarter FFO was $0.88, in line with estimates. Revenue fell 2.9% from a year earlier but topped consensus by $3.84 million.

[Full text](https://www.tokenpost.com/news/business/39022.md) | [Citation metadata](https://www.tokenpost.com/news/business/39022.json)

## [OpenAI Nears Up to $30 Billion Round at $1.25 Trillion Valuation](https://www.tokenpost.com/news/business/39021)

By John Kim | Business
Published: 2026-10-23T13:48:32.000Z
Updated: 2026-10-23T13:48:32.000Z

Coatue and investors in the United Arab Emirates are leading the financing, with signatures targeted by Oct. 30.

[Full text](https://www.tokenpost.com/news/business/39021.md) | [Citation metadata](https://www.tokenpost.com/news/business/39021.json)

## [First Interstate BancSystem Posts $0.65 GAAP EPS as Revenue Tops Estimates](https://www.tokenpost.com/news/business/39020)

By John Kim | Business
Published: 2026-10-23T13:46:47.000Z
Updated: 2026-10-23T13:46:47.000Z

GAAP earnings per share came in $0.03 below estimates, while nonperforming assets fell to $155 million at Sept. 30.

[Full text](https://www.tokenpost.com/news/business/39020.md) | [Citation metadata](https://www.tokenpost.com/news/business/39020.json)

## [Alpine Income Property Trust, Inc. Posts $20.46 Million in Q3 Revenue](https://www.tokenpost.com/news/business/39018)

By John Kim | Business
Published: 2026-10-23T13:46:29.000Z
Updated: 2026-10-23T13:46:29.000Z

Revenue increased 40.5% from a year earlier. FFO was $0.55 per diluted share, and net income was $0.18 per diluted share.

[Full text](https://www.tokenpost.com/news/business/39018.md) | [Citation metadata](https://www.tokenpost.com/news/business/39018.json)

## [MaxLinear Shares Fall Nearly 8% Despite Q3 Earnings Beat](https://www.tokenpost.com/news/business/39017)

By John Kim | Business
Published: 2026-10-23T13:45:46.000Z
Updated: 2026-10-23T13:45:46.000Z

The company posted adjusted earnings of 62 cents per share for the quarter ended Sept. 30, and its results and guidance exceeded Wall Street forecasts.

[Full text](https://www.tokenpost.com/news/business/39017.md) | [Citation metadata](https://www.tokenpost.com/news/business/39017.json)

## [Orchid Island Capital Posts $0.90 Third-Quarter Loss Per Share](https://www.tokenpost.com/news/business/39016)

By John Kim | Business
Published: 2026-10-23T13:45:25.000Z
Updated: 2026-10-23T13:45:25.000Z

Net interest income totaled $59.1 million, or $0.30 per common share. Total expenses were $6.3 million.

[Full text](https://www.tokenpost.com/news/business/39016.md) | [Citation metadata](https://www.tokenpost.com/news/business/39016.json)

## [Bloom Energy Raises 2026 Outlook After $1.24 Billion Q3 Revenue](https://www.tokenpost.com/news/business/39014)

By John Kim | Business
Published: 2026-10-23T13:43:20.000Z
Updated: 2026-10-23T13:43:20.000Z

Revenue rose 138.1% year over year, and non-GAAP diluted earnings were 94 cents per share.

[Full text](https://www.tokenpost.com/news/business/39014.md) | [Citation metadata](https://www.tokenpost.com/news/business/39014.json)

## [South Atlantic Bancshares Q3 GAAP EPS Beats Estimate as Revenue Rises](https://www.tokenpost.com/news/business/39013)

By John Kim | Business
Published: 2026-10-23T13:42:33.000Z
Updated: 2026-10-23T13:42:33.000Z

Revenue reached $17.87 million, up 9.2% year over year. Nine-month net income through Sept. 30, 2026, rose 26.7% to $14.4 million.

[Full text](https://www.tokenpost.com/news/business/39013.md) | [Citation metadata](https://www.tokenpost.com/news/business/39013.json)

## [Newmont Posts $2.20 Third-Quarter Non-GAAP EPS on $6.36 Billion Revenue](https://www.tokenpost.com/news/business/39012)

By John Kim | Business
Published: 2026-10-23T13:40:30.000Z
Updated: 2026-10-23T13:40:30.000Z

Revenue increased 15.2% year over year. Newmont said 2026 production guidance remained on track and its full-year cost outlook improved.

[Full text](https://www.tokenpost.com/news/business/39012.md) | [Citation metadata](https://www.tokenpost.com/news/business/39012.json)

## [Heritage Financial Lowers Fourth-Quarter Expense Outlook to $55 Million to $56 Million](https://www.tokenpost.com/news/business/39005)

By John Kim | Business
Published: 2026-10-23T13:34:17.000Z
Updated: 2026-10-23T13:34:17.000Z

The Kitsap Bank systems conversion was completed as planned in late September. Heritage recorded $5.185 million in merger-related costs in the third quarter.

[Full text](https://www.tokenpost.com/news/business/39005.md) | [Citation metadata](https://www.tokenpost.com/news/business/39005.json)

## [Valero COO Expects Crack Spreads to Recover From Recent Pressure](https://www.tokenpost.com/news/business/38998)

By John Kim | Business
Published: 2026-10-23T13:22:27.000Z
Updated: 2026-10-23T13:22:27.000Z

Valero's reported refining margin rose to $39.24 per barrel of throughput from $13.14 a year earlier, while Gary Simmons gave no timetable for a recovery in crack spreads.

[Full text](https://www.tokenpost.com/news/business/38998.md) | [Citation metadata](https://www.tokenpost.com/news/business/38998.json)

## [MSC Industrial Shifts to Modular AI Strategy, Ends Digital Core Program](https://www.tokenpost.com/news/business/38994)

By John Kim | Business
Published: 2026-10-23T13:09:59.000Z
Updated: 2026-10-23T13:09:59.000Z

The company recorded an impairment charge of about $42 million after ending Digital Core. CEO Martina McIsaac expects narrower deployments to lower risk and speed returns.

[Full text](https://www.tokenpost.com/news/business/38994.md) | [Citation metadata](https://www.tokenpost.com/news/business/38994.json)

## [S&T Bancorp Expects Margin Above 4%, Targets About 3% 2027 Noninterest Expense Growth](https://www.tokenpost.com/news/business/38993)

By John Kim | Business
Published: 2026-10-23T13:09:19.000Z
Updated: 2026-10-23T13:09:19.000Z

Management expects flat to low single-digit loan growth as competition for loans and deposits intensifies. It is weighing share buybacks after a pause, based on business conditions.

[Full text](https://www.tokenpost.com/news/business/38993.md) | [Citation metadata](https://www.tokenpost.com/news/business/38993.json)

## [Element Solutions Sets 2026 Adjusted EBITDA Guidance at About $720 Million](https://www.tokenpost.com/news/business/38992)

By John Kim | Business
Published: 2026-10-23T13:09:04.000Z
Updated: 2026-10-23T13:09:04.000Z

The company plans more autonomous operating units and cited AI infrastructure activity and manufacturing investments as support for Electronics.

[Full text](https://www.tokenpost.com/news/business/38992.md) | [Citation metadata](https://www.tokenpost.com/news/business/38992.json)

## [BMW Sets U.S. Launch Dates for 2027 X5 Hybrid and Electric Models](https://www.tokenpost.com/news/business/38989)

By John Kim | Business
Published: 2026-10-23T13:06:10.000Z
Updated: 2026-10-23T13:06:10.000Z

The iX5 60 xDrive has a preliminary range estimate of up to 435 miles and a stated maximum charging capability of 460 kW.

[Full text](https://www.tokenpost.com/news/business/38989.md) | [Citation metadata](https://www.tokenpost.com/news/business/38989.json)

## [Samsung Reports European Sales of Two Galaxy Z Fold 8 Models Rose 45%](https://www.tokenpost.com/news/business/38987)

By John Kim | Business
Published: 2026-10-23T13:04:03.000Z
Updated: 2026-10-23T13:04:03.000Z

Galaxy Z8 series searches rose 460% across Europe during Sept. 6-12, a period that included Apple’s Sept. 9 unveiling of the iPhone Duo.

[Full text](https://www.tokenpost.com/news/business/38987.md) | [Citation metadata](https://www.tokenpost.com/news/business/38987.json)

## [Saudi Aramco Orders Remaining Dhahran Headquarters Staff to Leave](https://www.tokenpost.com/news/business/38984)

By John Kim | Business
Published: 2026-10-23T13:01:38.000Z
Updated: 2026-10-23T13:01:38.000Z

Much of the workforce had already moved off site. No specific reason was given for the latest instruction.

[Full text](https://www.tokenpost.com/news/business/38984.md) | [Citation metadata](https://www.tokenpost.com/news/business/38984.json)

## [Insteel Plans $30 Million FY2027 CapEx, Including About $20 Million for Mesh](https://www.tokenpost.com/news/business/38979)

By John Kim | Business
Published: 2026-10-23T12:53:41.000Z
Updated: 2026-10-23T12:53:41.000Z

Management expects infrastructure and data-center demand to support results, while a private construction recovery remains tentative and housing is unlikely to improve soon.

[Full text](https://www.tokenpost.com/news/business/38979.md) | [Citation metadata](https://www.tokenpost.com/news/business/38979.json)

## [Golem Foundation Adds DeFi Strategies to Its Ether Treasury](https://www.tokenpost.com/news/business/38973)

By John Kim | Business
Published: 2026-10-23T12:47:51.000Z
Updated: 2026-10-23T12:47:51.000Z

The foundation had 100,352 Ether (ETH) staked across 3,136 validators as of October 2026 and has used staking yield to fund operations since 2023.

[Full text](https://www.tokenpost.com/news/business/38973.md) | [Citation metadata](https://www.tokenpost.com/news/business/38973.json)

## [Fulton Forecasts 2026 Net Interest Income of $1.125 Billion to $1.135 Billion](https://www.tokenpost.com/news/business/38966)

By John Kim | Business
Published: 2026-10-23T12:38:23.000Z
Updated: 2026-10-23T12:38:23.000Z

Customer deposits grew by about $1 billion while broker deposits and wholesale funding declined.

[Full text](https://www.tokenpost.com/news/business/38966.md) | [Citation metadata](https://www.tokenpost.com/news/business/38966.json)

## [Tractor Supply Targets More Than $75 Million in Annual Cost Cuts](https://www.tokenpost.com/news/business/38965)

By John Kim | Business
Published: 2026-10-23T12:38:17.000Z
Updated: 2026-10-23T12:38:17.000Z

Tractor Supply President and CEO Hal Lawton said the reductions will build over two years, with a substantial share expected in the first year.

[Full text](https://www.tokenpost.com/news/business/38965.md) | [Citation metadata](https://www.tokenpost.com/news/business/38965.json)

## [Union Pacific Raises 2026 Capital Plan to $3.5 Billion, Maintains EPS Outlook](https://www.tokenpost.com/news/business/38964)

By John Kim | Business
Published: 2026-10-23T12:37:22.000Z
Updated: 2026-10-23T12:37:22.000Z

Third-quarter revenue rose to $7.197 billion, while adjusted diluted EPS increased 15% to $3.53.

[Full text](https://www.tokenpost.com/news/business/38964.md) | [Citation metadata](https://www.tokenpost.com/news/business/38964.json)

## [Dover Sets 2026 Adjusted EPS Range at $10.60-$10.75 as Growth Forecast Tightens](https://www.tokenpost.com/news/business/38962)

By John Kim | Business
Published: 2026-10-23T12:28:21.000Z
Updated: 2026-10-23T12:28:21.000Z

Third-quarter organic growth reached 7%, and orders rose 16% from a year earlier.

[Full text](https://www.tokenpost.com/news/business/38962.md) | [Citation metadata](https://www.tokenpost.com/news/business/38962.json)

## [Safran Shares Drop 10% as Quarterly Organic Sales Climb 13.4%](https://www.tokenpost.com/news/business/38960)

By John Kim | Business
Published: 2026-10-23T12:24:03.000Z
Updated: 2026-10-23T12:24:03.000Z

Third-quarter sales totaled €9 billion ($10.1 billion), in line with analyst consensus, while organic sales rose 13.4% year over year.

[Full text](https://www.tokenpost.com/news/business/38960.md) | [Citation metadata](https://www.tokenpost.com/news/business/38960.json)

## [Ryder Raises 2026 Comparable EPS Outlook, Rental Fleet Plan to $500 Million](https://www.tokenpost.com/news/business/38951)

By John Kim | Business
Published: 2026-10-23T12:10:32.000Z
Updated: 2026-10-23T12:10:32.000Z

Total 2026 capital spending remains forecast at $2.4 billion after higher rental investment was offset by lower lease spending. Third-quarter comparable EPS rose 21% year over year.

[Full text](https://www.tokenpost.com/news/business/38951.md) | [Citation metadata](https://www.tokenpost.com/news/business/38951.json)

## [Northrim BanCorp, PBCO Financial Shareholders Approve Proposed Acquisition](https://www.tokenpost.com/news/business/38949)

By John Kim | Business
Published: 2026-10-23T12:07:48.000Z
Updated: 2026-10-23T12:07:48.000Z

The companies expect to complete the transaction near Jan. 1, 2027. The acquisition remains pending.

[Full text](https://www.tokenpost.com/news/business/38949.md) | [Citation metadata](https://www.tokenpost.com/news/business/38949.json)

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