09:36 AM EDT, 09/11/2024 (MT Newswires) -- Torrid Holdings ( CURV ) said Wednesday it's launching an underwritten secondary offering of 8 million shares by certain shareholders. The selling shareholders will grant underwriters a 30-day option to buy an additional 1.2 million shares, the company said. Torrid won't receive any proceeds from the sale. Torrid shares were about 22% lower...

Sept 11 (Reuters) - TD Bank was ordered by a U.S. regulator on Wednesday to pay nearly $28 million for repeatedly sharing inaccurate, negative information about customers with credit reporting agencies, potentially tarnishing customers' credit reports. The Consumer Financial Protection Bureau said the payout includes a $20 million civil fine, plus $7.76 million of restitution to tens of thousands of...

(Reuters) - Frontier Airlines expects its third-quarter margins to improve compared to prior forecast as capacity cuts offset the impact of moderating domestic travel demand, the low-cost U.S. carrier said on Wednesday. The airline raised its adjusted pre-tax margin to a range of flat to down 2%, compared with a prior view of down 4% to 6%. It lowered its...

ZURICH (Reuters) - JPMorgan Chase ( JPM ) wants to grow its Swiss corporate banking business and hopes to use blockchain services to help gain clients, an executive at the U.S. bank said. We're ambitious and want to gain market share, Lutz Karl, who heads the bank's business with major corporate clients in Germany, Switzerland and Austria, told Reuters in...