M&T Bank Corporation ( MTB ) shares are trading higher after it reported first-quarter FY24 results. Revenue of $2.260 billion, slightly missing the consensus of $2.263 billion. Net interest income expressed on a taxable-equivalent basis was $1.69 billion, down 8% Y/Y. Noninterest income totaled $580 million, slightly lower than $587 million in the year-earlier quarter, with the net interest margin contracting to 3.52%...

08:38 AM EDT, 04/15/2024 (MT Newswires) -- Grifols ( GRFS ) is planning to appoint independent directors only to its audit and compensation committees as part of measures to continue enhancing governance, La Vanguardia reported, citing an interview with the company's Chief Executive Nacho Abia and Chairman Thomas Glanzmann. The company's stock price suffered a setback after a report from...

08:35 AM EDT, 04/15/2024 (MT Newswires) -- Elevance Health ( ELV ) said Monday that it has agreed to form a strategic partnership with private investment firm Clayton, Dubilier & Rice aimed at accelerating primary care delivery innovation while improving health outcomes. The health insurance firm said the investment will be made mainly with a combination of cash and its...

08:36 AM EDT, 04/15/2024 (MT Newswires) -- Stagwell ( STGW ) said Monday that it has agreed to acquire Brazil-based brand and marketing consultancy, PROS Agency. Financial terms of the deal were not disclosed. Stagwell ( STGW ) said PROS Agency will become part of Allison, a marketing consultancy within Stagwell ( STGW ), to help drive business for Stagwell...