SAO PAULO (Reuters) - Brazil's federal prosecutors have launched an investigation into alleged fund diversion by a former senior executive at Itau Unibanco ( ITUB ), set to take a key role at Spanish bank Santander in coming months. Latin America's largest bank accused its former Chief Financial Officer, Alexsandro Broedel Lopes, of misappropriating funds while working at the bank,...

05:33 PM EST, 02/27/2025 (MT Newswires) -- MEG Energy ( MEGEF ) , after trade Thursday, said its fourth-quarter profit rose while revenue declined year-over-year. The oil-sands producer said it earned $106 million, or $0.40 per share, in the period, up from $103 million, or $0.37, in the year-prior quarter. FactSet expected the company to report earnings per share of...

05:31 PM EST, 02/27/2025 (MT Newswires) -- Alamo Group ( ALG ) reported Q4 adjusted diluted earnings Thursday of $2.39, down from $2.63 a year earlier. Analysts polled by FactSet expected $2.31. Net sales for the quarter ended Dec. 31 were $385.3 million, down from $417.5 million. Analysts surveyed by FactSet expected $396.9 million. ...

05:32 PM EST, 02/27/2025 (MT Newswires) -- TransMedics Group ( TMDX ) reported Q4 net income late Thursday of $0.19 per diluted share, up from $0.12 a year earlier. Analysts polled by FactSet expected $0.13. Revenue in the three months ended Dec. 31 rose to $121.6 million from $81.2 million a year earlier. Analysts surveyed by FactSet expected $109.6 million....