Equity Bancshares (EQBK) gains 2.48% on Strong Volume October 14

Equity Bancshares Inc – Class A (NASDAQ: EQBK), a Wichita, Kansas, company, gained to close at $34.70 Thursday after gaining $0.84 (2.48%) on volume of 46,284 shares. The stock ranged from a high of $34.97 to a low of $33.61 while Equity Bancshares’s market cap now stands at $498,379,652. About Equity Bancshares Inc – Class A

Equity Bancshares, Inc. is the holding company for Equity Bank, offering a full range of financial solutions, including commercial loans, consumer banking, mortgage loans, trust and wealth management services and treasury management services, while delivering the high-quality, relationship-based customer service of a community bank.

Visit Equity Bancshares Inc – Class A’s profile for more information. The Daily Fix

JPMorgan Misses on Third Quarter Revenue, Beats Earnings Estimates With One-Time Items

JPMorgan Chase posted a 24% jump in third-quarter profits on Wednesday, largely driven by one-time items that boosted its results, as the bank struggled to grow revenues with interest rates at near-zero levels.

The nation’s largest bank by assets said it earned a profit of $11.69 billion, or $3.74 per share, compared with a profit of $9.44 billion, or $2.92 per share, in the same period a year earlier. The bank had two one-time items that helped boost its profits this quarter: a $566 million income tax benefit and the release of $2.1 billion from its troubled loans books, something the JPMorgan has been doing every three months since the U.S. economy started recovering from the pandemic.

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Emerson Electric To Merge Industrial Software Businesses With Aspen Technology

Industrial software maker Emerson Electric Co ( NYSE: EMR ) will merge two of its businesses with smaller rival, Aspen Technology Inc ( Nasdaq:AZPN ), in a deal worth $11 billion.

The cash-and-stock transaction announced Monday values AspenTech at about $160 per share, a 27% premium to its Oct. 6 close, before Bloomberg News first reported on talks between the two companies.

[ More ] BlackRock Beats Q3 Profit Estimates, But Asset Growth Flattens BlackRock Inc topped third-quarter profit estimates helped by robust performance fees and strong demand for its actively managed and sustainable funds, even as volatile markets hindered the world’s largest money manager from growing its assets under management.Asset managers have benefited from rising global financial markets in recent quarters as investors put money to work, making the most of the post-pandemic economic reopening, driven by progress on vaccinations and strong fiscal and monetary aid.[ More […]

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