Check out the companies making headlines after the bell : Robinhood — Shares of the trading platform app slid more than 8%. Robinhood posted third-quarter revenue of $467 million, compared to analysts' estimate of $478 million, per LSEG. Toast – Shares dropped 17% in extended trading. Toast, a provider...
Olivier Pomel, co-founder and CEO of Datadog, speaks at the company's Dash conference in San Francisco on Aug. 3, 2023.DatadogShares of cloud monitoring software firm Datadog soared 28% on Tuesday, their best day ever, after the company reported stronger-than-expected third-quarter earnings and full-year guidance.The company reported quarterly revenue of...
An SEC proposal targeting potential conflicts of interest for financial advisors using artificial intelligence is not meant as a way to modify Regulation Best Interest, Chair Gary Gensler said Tuesday. The Securities and Exchange Commission introduced a proposed rule over the summer that w Learn more about reprints and licensing...
Clients on Monday won another arbitration decision, this time for $246,000, stemming from a broker-dealer’s sale of bonds from GWG Holdings Inc., a defunct life settlement business that is now in bankruptcy. The arbitration award, under the aegis of Finra Dispute Resolution Inc., was lost by Ages Financial Services...
The broker-dealer network Osaic Holdings Inc. boosted an all-important profitability measure over the first half of the year by almost one-third, according to a recent analysis of the privately held firm. Osaic posted an EBITDA — earnings before interest, taxes, depreciation and amo Learn more about reprints and licensing for this...
SS&C, a global provider of services and software for the financial services and healthcare industries, announced a new client relationship management technology last week that aims to “redefine the advisor experience.” The Black Diamond CRM module, designed exclusively for wealth managers and advisory firms, offers advisors “a comprehensive managed services...
Hub International Limited, the Chicago-based insurance brokerage and financial services firm, has purchased the assets of Renaissance Benefit Advisors Group, a retirement plan consulting firm that focuses on helping plan sponsors meet their fiduciary responsibilities, the company announced Monday. Learn more about reprints and licensing for this article.
Jimvallee | Istock | Getty ImagesThis is the time of year when most companies hold their open enrollment periods, during which employees decide on their benefits for the next 12 months.You'll likely have a window of just a few weeks to review health insurance plans, allocate your savings and...
Here are some of the companies making the biggest moves in midday trading. Datadog — The cloud stock soared nearly 30% after the company reported a third-quarter earnings and revenue beat before the bell. Adjusted earnings per share came in at 45 cents, versus the 34 cents expected from...