(Reuters) -Bank of America's ( BAC ) profit fell in the second quarter as its income from interest on loans shrank and it set aside more money to cover potential credit losses. A better-than-expected forecast for fourth-quarter net interest income (NII), however, sent shares up 1% in premarket trade. The strength and earnings power of our leading consumer banking business...

06:51 AM EDT, 07/16/2024 (MT Newswires) -- KBR (KBR) said Tuesday that it has agreed to acquire LinQuest, an engineering, data analytics and digital integration company, for $737 million in an all-cash transaction. The deal is expected to be accretive to adjusted earnings per share and has been unanimously approved by the KBR board of directors. The company said it...

06:46 AM EDT, 07/16/2024 (MT Newswires) -- Goldman Sachs ( GS ) plans to moderate its stock buybacks in Q3 compared with the previous quarter due to an increased stress capital buffer requirement, CFO Denis Coleman said Monday during a conference call. We will dynamically deploy capital to support our client franchise while targeting a prudent buffer above our new...

06:42 AM EDT, 07/16/2024 (MT Newswires) -- Teck Resources (TECK-B.TO, TECK-A.TO) on Monday said it has increased the size of its six offers to purchase for cash outstanding notes to about US$1.384 billion, up from US$1.25 billion, an amount sufficient to accept all notes in full. The offers expired at 5 p.m. ET on July 15. The settlement date is...