BUSINESS

First Business Financial Services: Q4 Earnings Snapshot – mySA

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MADISON, Wis. (AP) _ First Business Financial Services Inc. (FBIZ) on Thursday reported fourth-quarter earnings of $10.2 million. The bank, based in Madison, Wisconsin, said it had earnings of $1.18 per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.12 per … Read more

Business Highlights: US economy grows; Colorado baker loses – mySA

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WASHINGTON (AP) — The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession. Thursday’s government estimate showed that the nation’s gross domestic product — the broadest gauge of economic output — decelerated last quarter … Read more

Business Highlights: Tesla profit up; Bieber sells catalog – mySA

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DETROIT (AP) — Tesla has posted record net income for the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker. The Austin, Texas, maker of electric vehicles and solar panels said it made $3.69 billion from October through December, or an adjusted … Read more

Business First: Q4 Earnings Snapshot – mySA

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BATON ROUGE, La. (AP) _ Business First Bancshares, Inc. (BFST) on Wednesday reported fourth-quarter profit of $18 million. The Baton Rouge, Louisiana-based bank said it had earnings of 67 cents per share. Earnings, adjusted for non-recurring gains, came to 66 cents per share. The results topped Wall Street expectations. The average estimate of four analysts … Read more