Articles by James Calloway
Huntington Bank Appoints Former BNY Risk Chief as CRO Amid Regulatory Shift
Huntington Bank has named Senthil Kumar, previously the top risk officer at BNY, as its new chief risk officer. The move follows the bank's entry into a stricter regulatory category after its merger with Cadence Bank pushed assets to $279 billion.
REA Group Shares Tumble on Mixed Earnings, $200M Buyback Plan
REA Group shares fell sharply after reporting a 24% drop in net profit, despite growth in core earnings. The company announced a $200 million share buyback and an interim dividend.
CBA Shares Retreat Ahead of Key Earnings, Savings Rates to Rise
Commonwealth Bank shares closed lower, ending a five-day advance, as investors await half-year results. The bank will increase select savings product rates from February 13.
CSL's Half-Year Results Approach Amid Market Volatility
CSL Ltd shares edged lower ahead of its half-year financial report and dividend announcement scheduled for February 11, as broader Australian markets experienced significant declines.
Northern Star Shares Slip Ahead of Key Half-Year Results and Investor Briefing
Northern Star Resources shares declined 1.7% to A$26.77 on Friday, extending a weekly slide as the gold miner prepares to release its FY26 half-year results. Investors await details on costs and production following recent guidance revisions.
MACOM Shares Hold Gains After Strong Earnings and Revised Data Center Outlook
MACOM stock rose 3.5% to $235.87 following Q1 results and an increased data center growth forecast. Fidelity disclosed a 10.7% stake, while a shareholder filed to potentially sell shares.
Fabrinet Soars 14% on Strong Earnings, Analyst Upgrades
Fabrinet shares surged nearly 14% Friday following a robust quarterly report and multiple analyst target increases. The company exceeded revenue and earnings guidance, with Barclays raising its price target to $548.
First Solar Shares Drop Amid Tesla Solar Hiring Push; Q4 Earnings Loom
First Solar stock fell sharply Friday, underperforming the broader market as Tesla announced hiring for its ambitious U.S. solar manufacturing goal. The company reports quarterly results and 2026 guidance on February 24.
GlobalFoundries Shares Surge Ahead of Q4 Earnings, AI Demand in Focus
GlobalFoundries stock rose 4.7% to $42.91 Friday, buoyed by a broad semiconductor rally and optimism around AI-driven demand ahead of its Feb. 11 earnings report.
ON Semiconductor Gains Ahead of Q4 Report, Chip Sector Rebounds on AI Optimism
ON Semiconductor shares climbed 3.3% on Friday as the chipmaker prepares to release quarterly results after Monday's close. The broader semiconductor index surged 5.7% amid renewed enthusiasm for AI infrastructure spending.
Astera Labs Soars 19% Ahead of Q4 Earnings, Fueled by AI Optimism
Astera Labs shares surged nearly 19% to close near $170 on Friday, buoyed by positive AI spending forecasts and a strong semiconductor sector rally. The company reports Q4 results after the market closes on Tuesday.
Monolithic Power Soars to Record High on Strong Guidance and Dividend Boost
Monolithic Power Systems stock surged 6.4% to a new 52-week peak after forecasting Q1 revenue up to $790M and raising its quarterly dividend to $2.00.