DAYTON, Ohio - (04/29/05) -- NCR Corp. said it shed its red inkfor the first quarter with net income of $30 million, or 16 cents ashare, compared to a first quarter loss of $5 million, or threecents a share, last year. The world's largest ATM manufacturer saidfirst quarter revenues rose to $1.34 billion, up 4%, half of whichwas due to benefits from foreign currency fluctuations. Revenuesfor the company's core financial self service unit, which includesATMs, were up 8%, to $272 million, also due to currency advantages;while revenue for NCR's Teradata Data Warehousing unit was up 14%to $350 million.
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Small Business Bank in Kansas failed on Friday, the second failure in a week and the fourth failure overall in 2026.
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The regional bank faced months of pressure to end its relationship with CoreCivic and The Geo Group, two of the country's largest private prison operators. On Friday, it said it would "exit the credit facilities" it has in place for those companies, attributing the decision to business factors, not pressure from activists.
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Banks use artificial intelligence to do many different jobs. At Fifth Third, the technology is supervising the biggest post-merger integration in the bank's history.
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Amid warnings that a future slowdown in AI capital spending could pose a systemic threat, executives at Regions Financial said they're preparing the same way they would for any other credit concentration.
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ADHD can cause a slew of financial woes for clients, leaving them feeling overwhelmed, frustrated or emotional. Here is how advisors can help them build their confidence and stay on track.
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In its annual survey of industry consolidators, DeVoe and Co. detects signs that the upward march of RIA deal valuations may soon come to a halt.
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