Oct. 1, 2024

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Pathward Financial (NASDAQ: CASH) — As part of its celebration of 20 years of serving the payments industry, Pathward Financial announced it’s changing the name of its “Banking as a Service” business to “Partner Solutions.” The bank says the change is a testament to its “dedication to partnership and time-tested ability to collaborate on solutions with partners.”

SAB BIO (NASDAQ: SABS) — At the annual meeting of the European Association for the Study of Diabetes in September, SAB BIO provided an update on the clinical trial for its SAB-142 drug candidate. SAB-142 is the biotechnology company’s lead candidate, which it believes will become a best-in-class therapeutic in preventing and treating Type 1 diabetes. The drug is in early-stage clinical trials in the United States and Australia.

First Interstate BancSystem (NASDAQ: FIBK) — On Oct. 23, First Interstate BancSystem will report earnings for the third quarter of 2024. Analysts are forecasting the bank to report earnings per share of 60 cents, a decrease from the 70 cents in EPS it reported in the same quarter in 2023.

The Bancorp (NASDAQ: TBBK) — The Bancorp participated in three industry events in September. At Future Proof, the company focused on its wealth management services. At the FPA conference, The Bancorp institutional lending team met with clients to discuss holistic strategies for managing wealth. And at the Texas Association of Business Brokers Conference, the company highlighted its customized solutions for small-business lending.

Wells Fargo (NYSE: WFC) — On Sept. 19, Wells Fargo announced it was cutting its prime rate from 8.5 percent to 8 percent. The move follows the Federal Reserve’s decision to cut the federal funds rate by 50 basis points, or 0.5 percent, on Sept. 18.

NorthWestern Energy (NASDAQ: NWE) — On Sept. 5, NorthWestern Energy announced plans to donate $5,000 to Missoula Parks and Recreation. The donation will support tree planting in the department’s vital mission to manage 550 acres of parkland, 22 miles of trails and thousands of city trees.

CNH Industrial (NYSE: CNH) — On Sept. 25, CNH Industrial received a favorable upgrade from the analyst firm Raymond James, which believes that the company’s cost-cutting measures and positive industry pricing — particularly regarding precision agriculture — make CNH stock attractive after a period of lagging the market.

Citigroup (NYSE: C) — Citigroup announced it was cutting its prime rate from 8.5 percent to 8 percent on Sept. 19 after the Federal Reserve cut the federal funds rate by 50 basis points, or 0.5 percent, on Sept. 18.

McDonald’s (NYSE: MCD) — On Sept. 12, McDonald’s announced that it would extend its $5 Meal Deal through December. The promotional item was launched during the company’s Summer of Value promotion in response to customer concerns over high menu prices.

Walmart (NYSE: WMT) — Walmart announced its Top Toys List on Sept. 9. This shows consumers 66 of the hottest holiday finds. On this year’s list, 25 of those items are priced under $25.

Target (NYSE: TGT) — Consumers can expect great savings during Target Circle Week Oct. 6-12. The company announced that stores will be carrying their biggest-ever holiday assortment with thousands of items at $5 and $10.

Macy’s (NYSE: M) — Macy’s Inc. announced plans to hire over 31,500 full- and part-time holiday workers at its Macy’s, Bloomingdale’s and Bluemercury stores and the company’s distribution centers.

Dillard’s (NYSE: DDS) — Dillard’s has announced it will pay a quarterly cash dividend of 25 cents per share on Nov. 4. To receive the dividend, you must be a shareholder of record as of Sept. 30.

Amazon (NASDAQ: AMZN) — Amazon Prime members will have an opportunity for deals during the Prime Big Deal Days on Oct. 8-9. The event will provide exclusive access to millions of early holiday deals.

Costco (NASDAQ: COST) — On Sept. 26, Costco reported its earnings for the fourth quarter and full fiscal year 2024. The company generated earnings per share of $5.15 on revenue of $79.7 billion for the quarter. Revenue slightly missed analysts’ expectations but was higher than in the same quarter in the company’s fiscal 2023.

Ford Motor (NYSE: F) — Industry analysts are projecting overall new vehicle sales to be down in the current quarter. However, those same analysts expect Ford Motor to be one of only a handful of automakers to experience growth during the quarter on a year-over-year basis. Investors will know more when the company reports earnings Oct. 24.

General Motors (NYSE: GM) — In an effort to reduce range anxiety about electric vehicles, General Motors announced it is offering its EV owners adapters that are compatible with Tesla chargers. This will allow GM owners access to over 231,800 public Level 2 and DC fast chargers in North America.

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