American Express Co. ( AXP ) reported fiscal second-quarter 2025 results on Friday, surpassing analyst estimates for both revenue and adjusted earnings per share. The company reported quarterly revenue (net of interest expense) growth of 9% year-over-year to $17.86 billion, topping the analyst consensus estimate of $17.71 billion.  The revenue increase was primarily driven by strong Card Member spending, higher net interest income supported...

Prosperity Bancshares Inc ( PB ): * PROSPERITY BANCSHARES ( PB ), INC.® AND AMERICAN BANK HOLDING CORPORATION IN CORPUS CHRISTI, TEXAS ANNOUNCE MERGER * PROSPERITY BANCSHARES INC ( PB ): PROPOSED DEAL VALUED AT APPROXIMATELY $321.5 MILLION * PROSPERITY BANCSHARES INC ( PB ): WILL ISSUE 4.4 MILLION SHARES OF CO FOR AMERICAN COMMON STOCK Source text: Further company...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

* AZERBAIJAN'S SOVEREIGN WEALTH FUND TO ACQUIRE MINORITY STAKE IN 402 MW OF SOLAR ASSETS IN ITALY FROM ENFINITY GLOBAL * ENFINITY GLOBAL: SOFAZ TO ACQUIRE 49% STAKE IN A 402 MW PORTFOLIO OF SOLAR POWER PLANTS IN ITALY FROM ENFINITY GLOBAL * ENFINITY GLOBAL: RETAINS 51% STAKE IN 402 MW OF SOLAR ASSETS IN ITALY AND WILL BE LONG-TERM...