PulteGroup, Inc ( PHM ).shares are trading higher after the company reported fourth-quarter results. Total revenues of $4.92 billion topped the consensus of $4.635 billion. Adjusted EPS of $3.50 beat the consensus estimate of $3.27. Home sale revenues rose 13% to $4.7 billion, with higher revenues reflecting a 6% increase in closings to 8,103 homes and an average sales price...

08:44 AM EST, 01/30/2025 (MT Newswires) -- Berkshire Hills Bancorp ( BHLB ) reported Q4 operating earnings Thursday of $0.60 per diluted share, compared with $0.47 a year earlier. Analysts surveyed by FactSet expected $0.55. Revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and total noninterest income, was $110.2 million, compared with $80...

Blackstone Inc ( BX ) shares are trading higher after it reported fourth-quarter fiscal year segment revenues of $4.15 billion, beating the consensus of $3.84 billion.  Distributable earnings (DE) rose 56% year-over-year (Y/Y) to $2.17 billion. Fee-related earnings increased 76% Y/Y to $1.84 billion. Fee-related earnings fell 5% Y/Y in real estate while rising 27% in the Credit & Insurance business and 270% in the Private Equity segments. Net accrued performance revenue rose to $6.28 billion in the quarter from $5.84...

08:43 AM EST, 01/30/2025 (MT Newswires) -- Rio Tinto (RIO) said Thursday it entered into a partnership with Hydro to identify and evaluate carbon capture technologies for the aluminum electrolysis process. The company said the collaboration, which includes sharing information, results, and costs, will span from lab tests with external suppliers to larger on-site pilots, aiming to develop commercially viable...