04:41 PM EST, 02/12/2025 (MT Newswires) -- TD Bank Group announced after trade Wednesday it had closed the sale of its entire equity investment in The Charles Schwab Corporation , consisting of 184,678,738 shares in Schwab's common stock representing 10.1% economic ownership. The Bank sold 165,443,530 shares through a registered offering at a price of US$79.25 per share, and Schwab...

04:43 PM EST, 02/12/2025 (MT Newswires) -- Pilgrim's Pride (PPC) reported Q4 adjusted earnings late Wednesday of $1.35 per diluted share, up from $0.59 a year earlier. Analysts polled by FactSet expected $1.15. Net sales for the quarter that ended Dec. 29 was $4.37 billion, down from $4.53 billion a year earlier. Three analysts surveyed by FactSet expected $4.68 billion....

(Reuters) -Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, sending its shares down about 15% in extended trading. Reddit stock, which debuted in March 2024, gained nearly five-fold last year. The company forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on its artificial intelligence content licensing deals and a robust digital...

(Reuters) - Casino operator MGM Resorts International ( MGM ) beat fourth-quarter profit and revenue estimates on Wednesday, aided by strength from more bookings across its properties. Shares of the Las Vegas, Nevada-based company rose about 9% in aftermarket trade. The company also said it expects its jointly-owned online sports-betting service, BetMGM, to be profitable this year. On an adjusted...