GE Vernova Inc. ( GEV ) reported a strong third quarter with orders surging 55% organically and announced it will acquire full ownership of Prolec GE, boosting its stake in North America’s transformer market and positioning the company to capture growing grid investment opportunities. Bank of America analyst Andrew Obin revised estimates for GE Vernova ( GEV ) following third-quarter...

NEW YORK--(BUSINESS WIRE)-- The Cashmere Fund announced that its diversified early-stage portfolio has been selected as a component of a new Special Purpose Vehicle (SPV) launched on Republic by Witz Ventures, curated by investor and financial creator Austin Hankwitz and his business partner Christian Blackwell. The SPV provides investors access to both emerging startups and late-stage category leaders, including xAI,...

02:37 PM EDT, 10/23/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.) Valero Energy ( VLO ) shares rose 6.8% in recent Thursday trading after the company posted better-than-expected Q3 results. The company reported Q3 adjusted earnings Thursday of $3.66 per diluted share, up from $1.16 a year earlier. Analysts polled by...

02:38 PM EDT, 10/23/2025 (MT Newswires) -- (Updates with latest share movement in the first paragraph and headline.) Sonic Automotive ( SAH ) shares fell about 14% on Thursday afternoon after the company reported Q3 adjusted earnings of $1.41 per diluted share, up from $1.26 a year earlier but below the $1.74 expected by analysts polled by FactSet. Revenue for...