Medallion Financial Corp. reported its third-quarter results for 2024, showcasing several highlights. Net income for the quarter was $8.6 million, or $0.37 per share, a decrease from the previous year’s quarter. Despite this, net interest income saw an 8% growth to $52.7 million, with loan originations reaching $275.6 million. The total loans grew by 13% … Read more
“ On Friday, JPMorgan initiated coverage on PPL Corp (NYSE:PPL), assigning an Overweight rating and setting a price target of $37.00. The firm highlighted PPL Corp’s potential to transition from coal to cleaner energy sources and its ability to capitalize on substantial investment needs within its operations, particularly in wiring for data centers which is … Read more
Vincent P. Berger, Executive Vice President at HNI Corp (NYSE:), recently sold shares worth approximately $1.3 million, according to a Form 4 filing with the Securities and Exchange Commission. The transactions, which took place on October 16 and 17, 2024, involved the sale of a total of 23,654 shares at prices ranging from $55.03 to … Read more