06:58 AM EST, 01/22/2025 (MT Newswires) -- BankUnited ( BKU ) reported Q4 earnings Wednesday of $0.91 per diluted share, up from $0.27 a year earlier. Analysts polled by FactSet expected $0.70. Revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and total noninterest income, was $264.5 million, compared with $234.3 million a year...

(Reuters) -Property and casualty insurer Travelers beat estimates for fourth-quarter profit on Wednesday, as strength in its underwriting business cushioned a blow from elevated catastrophe losses. Shares of the company rose nearly 3% to $246.01 before the bell. Individuals and companies are increasing their spending on insurance in response to rising economic uncertainty and risks, enabling insurers to attract and...

Jan 22 (Reuters) - Abbott Laboratories ( ABT ) on Wednesday forecast annual profit in line with Wall Street estimates, as it expects elevated medtech-related procedures to boost demand for its devices, including glucose-monitoring products. Sales of continuous glucose monitors such as Abbott's FreeStyle Libre and rivals from DexCom ( DXCM ) have been lifted by increasing diabetes care awareness,...

Jan 22 (Reuters) - Insulin delivery device maker Beta Bionics said on Wednesday it was targeting a valuation of as much as $615.9 million in its initial public offering in the United States, underscoring a gradual recovery in medtech listings. IPO activity in the medtech sector had shown a steady recovery in 2024 after high interest rates sapped investor appetite...