OSBC
NASDAQ · Banking
Old Second Bancorp Inc
$21.04
+0.38 (+1.84%)
OSBC News30 articles
Goldman Sachs Legal Chief's Exit Amid Epstein Ties Rattles Market
Goldman Sachs shares closed flat at $905.14 after the bank's top lawyer said she would retire in June, with Justice Department documents revealing she accepted gifts from Jeffrey Epstein. Markets head into a holiday-shortened week after major indexes posted their largest weekly declines since November.
Booking Holdings Faces Investor Scrutiny Ahead of Q4 Earnings
Booking Holdings shares fell 7% leading into its quarterly results, set for release after markets close on February 18. Investors are focused on AI-related competitive threats and travel demand trends.
Gold Surges Past $5,000 on Rate Cut Hopes, Eyes on Fed Minutes
Gold prices rallied more than 2% on Friday, reclaiming the $5,000 level after cooler-than-expected U.S. inflation data revived expectations for Federal Reserve interest rate cuts. The focus now shifts to key economic releases in the holiday-shortened week ahead.
Visa Shares Slide 3% as Share Exchange Plan Tied to Swipe-Fee Litigation Unfolds
Visa Inc. shares declined 3.1% to $314.08 Friday, underperforming the broader market ahead of the Presidents Day holiday. The drop followed the company's disclosure of a board-approved share exchange plan linked to progress in long-running swipe-fee lawsuits.
Tesla Holds Steady at $417 Amid AI Volatility and Rate-Cut Speculation
Tesla shares closed nearly unchanged at $417.44 ahead of a market holiday, with investors focused on inflation data and AI-related volatility. The company moved its Full Self-Driving feature to a subscription model.
DoorDash Shares Hold $160 Ahead of Q4 Earnings Report
DoorDash shares closed at $160.34 Friday, showing relative stability after a sharp decline. The company reports fourth-quarter earnings after markets close on Wednesday.
Materials Sector Gains Amid Tariff Uncertainty, Gold Jumps
The materials sector advanced Friday despite pressure on steel producers from tariff speculation, while gold rallied sharply on renewed rate cut hopes.
Goldman Sachs Legal Chief Exits Amid Epstein Scandal Fallout
Goldman Sachs' top lawyer Kathy Ruemmler steps down following disclosures about her past interactions with Jeffrey Epstein, as the bank's shares face volatility.
Gold Reclaims $5,000 as Soft Inflation Data Fuels Rate Cut Bets
Gold prices rebounded sharply above $5,000 an ounce following softer-than-expected U.S. inflation data, which increased market expectations for Federal Reserve interest rate cuts later this year.
Bitcoin Holds Near $70K as Inflation Data Fuels Rate Cut Bets
Bitcoin edged higher to $69,661, maintaining proximity to the $70,000 level following encouraging inflation figures. Market focus shifts to upcoming Fed minutes and economic data.
Booking Holdings Hits 52-Week Low Ahead of Q4 Earnings Report
Booking Holdings shares touched a 52-week low of $4,071.60 on Friday ahead of its fourth-quarter earnings report scheduled for February 18.
Caterpillar Shares Hold Near Highs as Insider Sale Filing Emerges
Caterpillar shares closed up 2.1% at $774.20, staying near highs following an insider sale filing. Attention shifts to CFO Andrew Bonfield's scheduled public remarks.
Tesla Holds Near $417 Amid Holiday Pause, Inflation Data in View
Tesla shares closed nearly flat at $417.44 ahead of a market holiday. Rivian jumped 25% on a strong delivery outlook, refocusing attention on affordable EVs.
Goldman Sachs Legal Chief Exits Amid Epstein Scrutiny as Stocks React to CPI Data
Goldman Sachs Group Inc. saw its stock dip following the resignation of Chief Legal Officer Kathy Ruemmler, linked to her past association with Jeffrey Epstein. The move coincided with a softer-than-expected inflation reading that influenced broader market sentiment.
IPG Photonics Holds Gains After 35% Rally, Announces $100M Buyback
IPG Photonics stock held steady near $150 in premarket trading Friday after a 35% surge. The laser manufacturer reported 17% revenue growth and authorized a $100 million share buyback.
American Airlines Stock Holds Steady Amid Union Pressure, CPI Data Awaited
American Airlines stock remained flat near $14.05 in premarket trading as labor unions intensified pressure on management, with a key inflation report due.
Krafton Eyes AI Robotics and $1 Trillion Shareholder Returns After Record Revenue
Krafton is exploring applying its game-trained AI to humanoid robots while launching a major shareholder return program after achieving record annual revenue.
HCA Healthcare Holds Gains After Strong Profit Outlook, $10B Buyback
HCA Healthcare stock maintained after-hours gains after a sharp rally, fueled by an upbeat profit outlook and a massive new buyback authorization. Investors now eye key economic data.
Goldman Sachs Shares Slide 3.8% Amid Sector-Wide Retreat Ahead of CPI
Goldman Sachs shares dropped 3.8% to $908.84 Thursday, mirroring a broad decline in financial stocks as markets await Friday's crucial inflation report.
Mortgage Rates Hold Near 6% as Housing Data Dampens Sentiment
Mortgage rates held steady above 6% this week as the housing market shows signs of strain, with existing-home sales declining sharply. Rocket Companies shares fell amid the cautious sentiment.
Booking Holdings Shares Drop Amid AI Search Concerns, Travel Stocks Slip
Booking Holdings fell over 3% as TripAdvisor's steep decline reignited worries about AI-driven search changes impacting travel platforms. Investors await key inflation data and upcoming earnings.
NovaGold Shares Retreat After Sharp Rally as Donlin Feasibility Study Progresses
NovaGold Resources shares declined 1.4% in premarket trading following a 12.7% surge, with investor attention fixed on the Donlin Gold feasibility study and recent capital raises.
Lattice Semiconductor Holds Gains After Strong Forecast and Buyback Expansion
Lattice Semiconductor shares stabilized near $106 premarket after surging 16% on an upbeat revenue outlook and a $250 million share repurchase boost. Analysts raised price targets following the report.
Vale Shares Gain Ahead of Q4 Report as Iron Ore Holds Above $100
Vale shares rose 0.3% in premarket trading Thursday ahead of its fourth-quarter earnings release after the close. Iron ore prices remained firm near $100 a ton, with traders focused on China demand signals.
Decent Holding Shares Soar 80% Amid Lockup Expiry and Reverse Split Proposal
Decent Holding Inc. surged 80% in after-hours trading as lockup restrictions ended on over 16 million shares. The company seeks shareholder approval for a reverse stock split to meet Nasdaq listing requirements.
Lockheed Martin Shares Hold Steady Amid Pentagon Contractor Review
Lockheed Martin shares traded near $630 as the Pentagon initiates an extended review of major defense contractors, potentially impacting shareholder returns. CEO and CFO are scheduled to speak at a Citi conference next week.
Gold Retreats from Session Highs as Strong Jobs Data Tempers Rate Cut Expectations
Gold prices pared earlier gains Wednesday after a robust U.S. employment report reduced the likelihood of an imminent Federal Reserve interest rate cut. Silver posted a stronger rebound, climbing over 3%.
Spotify Shares Hold Gains After Strong Q4, Focus Shifts to Subscriber Momentum
Spotify stock held near $480 in premarket trading after a 14.8% surge, driven by Q4 operating income of €701M and 10% subscriber growth. Q1 revenue guidance slightly missed expectations.
Plug Power Shareholder Vote Hangs in Balance as Stock Nears $2 Threshold
Plug Power shares declined 2.9% to $2.04 after a key proposal to double authorized shares narrowly failed to secure majority approval. The company also received revised job targets for its New York headquarters incentives.
Abpro Holdings Shares Tumble in Premarket Following Goldman Sachs Stake Disclosure
Abpro Holdings shares fell sharply in premarket trading after a regulatory filing revealed Goldman Sachs holds a 6.8% stake in the biotech firm. The stock experienced extreme volatility with trading volume surging to 74.3 million shares.