Credit spreads ( JNK ) ( HYG ) ( LQD ) and U.S. regional banks ( KRE ) have moved into “damage‑contained” mode, signaling a pivot from second‑order fears and back to fundamentals, Societe Generale cross-asset strategist Manish Kabra wrote Wednesday. "This credit stabilization pushed SG’s Cross‑Asset Momentum signal back to positive on Monday, after eight-consecutive bearish weeks," Kabra noted. So...
Credit spreads ( JNK ) ( HYG ) ( LQD ) and U.S. regional banks ( KRE ) have moved into “damage‑contained” mode, signaling a pivot from second‑order fears and back to fundamentals, Societe Generale cross-asset strategist Manish Kabra wrote Wednesday. "This credit stabilization pushed SG’s Cross‑Asset Momentum signal back to positive on Monday, after eight-consecutive bearish weeks," Kabra noted. Societe Generale More on the markets Is This A Major Market Top? Energy Shock, Rising Rates, And Weakening Internals It's An Early Phase Financial Crisis: The Private Credit Bust Risk Trade Poised To Follow Crypto's Lead Geopolitical conflicts overshadow inflation as the top market threat, according to BofA Big bank earnings ignite ETF spotlight across financials sector
Bank of America (BAC) delivered earnings and revenue surprises of +10.88% and +1.09%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Bank of America (BAC) delivered earnings and revenue surprises of +10.88% and +1.09%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
U.S. Physical Therapy ( USPH ) announced on Wednesday the closing of a $450M, five-year credit facility that includes a $175M term loan and a $275M revolver with a maturity date of April 14, 2031. Based on strong lender support, the credit facility was upsized from its initial $400M launch amount. This is an increase and extension of the company’s $325M credit facility, which was due to expire on ...
U.S. Physical Therapy ( USPH ) announced on Wednesday the closing of a $450M, five-year credit facility that includes a $175M term loan and a $275M revolver with a maturity date of April 14, 2031. Based on strong lender support, the credit facility was upsized from its initial $400M launch amount. This is an increase and extension of the company’s $325M credit facility, which was due to expire on June 17, 2027, the company said. The credit facility syndicate consists of Bank of America Securities as joint lead arranger and sole bookrunner with Bank of America, N.A., as administrative agent, and Regions Capital Markets, a division of Regions Bank, as joint lead arranger and syndication agent. Other lenders include US Bank, JP Morgan, and Citizens Bank as co-documentation agents and Bank United as a participant. Source: Press Release More on U.S. Physical Therapy US Physical Therapy outlines $102M–$106M EBITDA target for 2026 as hospital alliances gain momentum U.S. Physical Therapy beats top-line estimates; introduces FY26 outlook Seeking Alpha’s Quant Rating on U.S. Physical Therapy Historical earnings data for U.S. Physical Therapy
(RTTNews) - Financial services firm Morgan Stanley (MS) reported Wednesday that net income applicable to the company's shareholders for the first quarter grew 30 percent to $5.41 billion or $3.43 per share from $4.25 billion or $2.60 per share in the year-ago quarter.
(RTTNews) - Financial services firm Morgan Stanley (MS) reported Wednesday that net income applicable to the company's shareholders for the first quarter grew 30 percent to $5.41 billion or $3.43 per share from $4.25 billion or $2.60 per share in the year-ago quarter.
Morgan Stanley ( MS ) stock gained 2.6% in Wednesday premarket trading after it posted stronger-than-expected Q1 earnings, driven by surging trading activity and solid growth in its wealth management business. Q1 GAAP EPS of $3.43 , topping the average analyst estimate of $3.02, jumped from $2.68 in Q4 2025 and $2.60 in Q1 2025. Net revenue of $20.6B, exceeding the consensus estimate of $19.8B, cl...
Morgan Stanley ( MS ) stock gained 2.6% in Wednesday premarket trading after it posted stronger-than-expected Q1 earnings, driven by surging trading activity and solid growth in its wealth management business. Q1 GAAP EPS of $3.43 , topping the average analyst estimate of $3.02, jumped from $2.68 in Q4 2025 and $2.60 in Q1 2025. Net revenue of $20.6B, exceeding the consensus estimate of $19.8B, climbed from $17.9B in the prior quarter and $17.7B a year ago. Morgan Stanley’s ( MS ) net interest income of $2.70B, missing the Visible Alpha consensus of $2.77B, decreased from $2.86B in Q4 and increased from $2.35B in last year’s Q1. Pretax profit margin of 34% vs. 32% in the previous quarter and 31% a year ago. Compensation and benefits, as a percentage of net revenue, were 42%, compared with 39% in Q4 and 42% in last year’s Q4. Total non-compensation expenses of $4.93B declined from $5.05B in the prior quarter and increased from $4.54B a year ago. Provision for credit losses of $98M, higher than the $80M Visible Alpha consensus, rose from $18M in the previous quarter and declined from $135M a year ago. Return on average tangible common equity of 27.1% vs. 21.8% in Q4 and 23.0% in Q1 2025. "Institutional Securities benefited from robust client engagement and strength globally," said Chairman and CEO Ted Pick. "Wealth Management demonstrated continued momentum, with net new assets of $118B and fee-based asset flows of $54B. Revenue by segment: Institutional Securities: $10.7B, soared 35% Q/Q and increased 19% Y/Y; investment banking revenue of $2.12B dropped 12% and rose 36% Y/Y. Equity net revenue of $5.15B surged 40% Q/Q and 25% Y/Y. Fixed income net revenue of $3.36B surged 90% Q/Q and 29% Y/Y. Wealth Management: $8.52B, grew 1% Q/Q and 16% Y/Y. Asset management revenue of $5.08B increased 1% Q/Q and 16% Y/Y. Investment Management: $1.54B, fell 11% Q/Q and 4% Y/Y. Asset management and related fees of $1.50B dipped 9% Q/Q and increased 3% Y/Y. Conference call at 8:30 A...
Viant Technology ( DSP ) announced on Wednesday it has entered into a definitive agreement to acquire TVision Insight for $40M. The company said that the consideration consists of $22.5M in cash and $17.5M of shares of Viant's class A common stock. The transaction is expected to close in Q2 2026. Rockefeller Capital Management served as exclusive investment banking advisor to TVision in connection...
Viant Technology ( DSP ) announced on Wednesday it has entered into a definitive agreement to acquire TVision Insight for $40M. The company said that the consideration consists of $22.5M in cash and $17.5M of shares of Viant's class A common stock. The transaction is expected to close in Q2 2026. Rockefeller Capital Management served as exclusive investment banking advisor to TVision in connection with the transaction. With this acquisition, Viant strengthens its AI-powered programmatic platform by integrating TVision's proprietary attention signals directly into its buying platform. Source: Press Release More on Viant Technology Viant Technology Inc: Will This Beaten-Down Ad-Tech Stock Bounce Back? 3 Things To Know Viant projects accelerating 2026 growth with new AI product and major client ramp-up Viant Technology Non-GAAP EPS of $0.22 misses by $0.01, revenue of $110.12M beats by $6.75M
The Cass Trucking and Freight Report is a monthly market update from Cass that tracks North American shipment volumes, freight spending, and truckload linehaul rates to gauge freight demand and pricing trends. The March report showed freight volume still weak year over year but improving sequentially. The shipments index fell 4.5% from a year earlier but was up 3.0% month over month, extending Feb...
The Cass Trucking and Freight Report is a monthly market update from Cass that tracks North American shipment volumes, freight spending, and truckload linehaul rates to gauge freight demand and pricing trends. The March report showed freight volume still weak year over year but improving sequentially. The shipments index fell 4.5% from a year earlier but was up 3.0% month over month, extending February’s rebound and lifting the seasonally adjusted measure 1.0% month over month. Cass noted that the pace keeps alive the chance of a second-half recovery, even though the normal seasonal pattern would point to a roughly 5% year-over-year decline in April. Freight spending also firmed up as the expenditures index increased 1.2% year over year in March, up from 2.1% in February, and rose 2.4% month over month on a seasonally adjusted basis. Cass attributed the gain mainly to the better shipment trend, not a sharp jump in pricing. In terms of rates, the Truckload Linehaul Index slipped 0.5% month over month in March after a small February gain but still rose 1.8% year over year and 3.4% versus two years earlier. Cass pointed to some downward pressure on linehaul rates as capacity recovered from winter weather, offset by tighter capacity tied to higher diesel prices. The Iran-Israel-U.S. conflict began on February 28, while the biggest spike in diesel prices occurred later in March. The Cass report is significant for many transportation stocks, including Knight-Swift ( KNX ), Werner Enterprises ( WERN ), J.B. Hunt Transport Services ( JBHT ), Schneider National ( SNDR ), Old Dominion Freight Line ( ODFL ), Saia ( SAIA ), XPO ( XPO ), C.H. Robinson ( CHRW ), RXO ( RXO ), ArcBest ( ARCB ), Marten Transport ( MRTN ), Heartland Express ( HTLD ), Universal Logistics Holdings ( ULH ), TFI International ( TFII ), Hub Group ( HUBG ), Landstar ( LSTR ), and even large parcel carriers UPS ( UPS ) and FedEx ( FDX ). More on the transportation sector Freight Logistics Selloff Looks Misp...
First Horizon (FHN) delivered earnings and revenue surprises of +8.54% and -0.49%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
First Horizon (FHN) delivered earnings and revenue surprises of +8.54% and -0.49%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?