Nov. 4, 2024

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Pathward Financial (NASDAQ: CASH) — Pathward Financial reported earnings for the fourth quarter of its fiscal year. The company had earnings per share of $1.35 on revenue of $167.9 million. On Oct. 31, Pathward also completed the sale of its commercial insurance premium finance business, which was announced in August. 

SAB BIO (NASDAQ: SABS) — SAB BIO, a clinical-stage biopharmaceutical company, will report its third quarter earnings report Nov. 11. The company is expected to provide updates on the progress of its SAB-142 drug candidate, for which it’s expected to provide early-stage clinical trial results by the end of the year. 

First Interstate BancSystem (NASDAQ: FIBK) — First Interstate BancSystem reported its third quarter earnings. The company had earnings of 54 cents per share on revenue of $232.1 million. Both numbers were lower than in the same quarter in the prior year. The bank cited a slowdown in loan growth as well as credit challenges.  

The Bancorp (NASDAQ: TBBK) — The Bancorp reported third quarter earnings per share of $1.04 on revenue of $125.84 million. Although both numbers missed analysts’ expectations, they were both higher than those reported in the same quarter in 2023. 

Wells Fargo (NYSE: WFC) — Wells Fargo reported earnings per share of $1.42 on revenue of $20.37 billion in its third quarter earnings report. The bank announced that it didn’t have to set aside as much money as expected to cover potential loan losses. It also predicted that its interest income would stabilize. 

NorthWestern Energy (NASDAQ: NWE) — For the second consecutive year, NorthWestern Energy was named one of America’s Greatest Workplaces for 2024. The award is issued by Newsweek and Plant-A Insights Group and is based on a large-scale employer study of over 1.5 million comprehensive company reviews. 

CNH Industrial (NYSE: CNH) — In October, CNH Industrial introduced the CASE IH Farmall 75c electric tractor. It’s designed to reduce operating costs by up to 50 percent compared with diesel tractors and features autonomous abilities as part of CNH’s expanded efforts to promote sustainable agriculture. 

Citigroup (NYSE: C) — On Oct. 15, Citigroup announced its third quarter earnings for fiscal 2024. The bank delivered earnings per share of $1.51 on revenue of $20.32 billion. Both numbers were higher than analysts’ expectations.  

McDonald’s (NYSE: MCD) — McDonald’s stock plunged in late October after news was released that the company was dealing with an E. coli outbreak affecting its Quarter Pounder hamburgers. The company now faces the same situation as Chipotle Mexican Grill after an outbreak nine years ago. 

Walmart (NYSE: WMT) — Walmart hosted its Holiday Deals event Oct. 8-13. The event featured significant discounts on many products across a variety of categories. Additionally, the company launched 13 products in October, which are expected to attract more customers and drive growth. 

Target (NYSE: TGT) — Target opened nine stores in October, part of the company’s plan to build and open over 300 stores in the next decade. The retailer also announced that it will reduce prices on more than 2,000 items to help consumers save money this holiday season. 

Macy’s (NYSE: M) — For the first time ever, the Macy’s Thanksgiving Day Parade will feature Minnie Mouse. Minnie’s 60-foot balloon will appear alongside Mickey Mouse, as well as balloons for Donald Duck and Goofy. 

Dillard’s (NYSE: DDS) — In October, Dillard’s announced the permanent closure of several stores this year. This is part of the company’s ongoing strategy to enhance its online presence while optimizing its remaining locations.

Amazon (NASDAQ: AMZN) — Amazon announced that its October Prime Big Deal Days sales event was the biggest shopping event in the company’s history. Prime members saved more than $1 billion in deals during the event. 

Costco (NASDAQ: COST) — Costco announced September net sales of $24.62 billion. This covered the five-week period ending Oct 6. It represented a 9 percent increase from the $22.59 billion recorded in the same period in 2023. 

Ford Motor (NYSE: F) — Ford Motor announced retail sales were up 4 percent in the quarter with overall sales up 1 percent. That was better than the overall industry, which showed a 2 percent sales decline. Ford is now the No. 2 EV brand, with sales up 12 percent in the quarter.

General Motors (NYSE: GM) — General Motors announced third quarter earnings per share of $2.96 on revenue of $48.76 billion. Both numbers beat expectations and were higher than the same quarter in the prior year. 

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