Financial

Londax Corp. has undergone a significant ownership transition as Alpha Investment secured a controlling interest in the micro-cap company. The transaction, which concluded recently, grants Alpha Investment approximately 90% of Londax Corp.’s issued and outstanding common stock.

First Busey Corp (NASDAQ: BUSE) saw its shares slip 1.1% after a director sold $42,278 in stock, a move that rippled through regional bank peers. The transaction, disclosed in regulatory filings, comes as the company’s stock hovers near its 52-week high of $30.52, up …

UBS Group AG has doubled down on its optimistic view of Franco-Nevada, reaffirming a Buy rating for the precious metals streaming company as it eyes the long-term prospects of the Cobre Panama copper mine. The endorsement comes as UBS’s own shares retreated slightly in …

FTI Consulting (NYSE: FCN) saw its share price settle at $164.57, a level that lifted the market capitalization to $4.96 billion. The move delivered a 13.04% return over the past month, prompting value‑focused investors to consider the firm an entry point. With a domestic …

State Street Corporation’s better-than-anticipated Q2 revenue has prompted a series of price target increases, boosting sentiment across the custody banking industry. Analysts at Wells Fargo and TradingView have adjusted their projections for the financial services leader, with Wells Fargo setting a new $215 target. …

Accounting standards. With members drawn from diverse stakeholder groups, FASAC’s composition directly affects how emerging issues in accounting, such as digital assets, climate-related disclosures, and revenue recognition, are addressed. For financial institutions, corporate issuers, and audit firms, the nomination process signals an opportunity to …

Fifth Third Bancorp (NASDAQ: FITB) announced adjusted earnings per share of $1.02 for the quarter ended in the summer, comfortably surpassing consensus expectations. Net income available to common shareholders rose markedly from the prior period, highlighting a strong rebound after a modest prior-year result. …