10:30 AM EST, 11/07/2024 (MT Newswires) -- BorgWarner ( BWA ) said Thursday it has appointed Chief Operating Officer Joseph Fadool as chief executive officer and a board member, starting Feb. 6. Current CEO Frederic Lissalde will retire on that date but remain in an advisory role until Aug. 30, the company said. BorgWarner ( BWA ) shares were up...

Krispy Kreme, Inc ( DNUT ). shares are trading lower on Thursday. The company reported third-quarter adjusted earnings per share of a loss of one cent, missing the analyst consensus of one cent earnings. Quarterly sales of $379.87 million (down 6.8%) missed the street view of $380.33 million. Krispy Kreme’s third-quarter results reflect the sale of a majority ownership stake in Insomnia...

* Basel III endgame proposal may be scrapped * Banks may use capital for lending, buybacks * Regional lenders to benefit from easier merger scrutiny By Niket Nishant, Manya Saini and Nupur Anand Nov 7 (Reuters) - The banking industry is expected to win big as former President Donald Trump returns to the White House, ushering in Republican regulators who...

Appian Corp ( APPN )  reported fiscal third-quarter 2024 revenue growth of 12% year-on-year to $154.1 million, beating the analyst consensus estimate of $151.9 million. Adjusted EPS of 15 cents beat the analyst consensus loss of 9 cents. The stock price climbed after the results. Total subscription revenue increased 19% year over year to $123.1 million. Professional services revenue was $30.9 million, down 7% year over year....