$NSC said it expects coal volume to decline in 2016 and then stabilize. The company believes its coal forecast is more conservative than estimates from the Department of Energy and other independent experts.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.
$HAS' revenue in the U.S. and Canada segment for 1Q17 increased 2% to $451.6MM from $443.6MM last year, as revenue growth in Hasbro Gaming and Emerging Brands offset a decline in Franchise Brands and Partner Brands.
$HAS reported a jump in 1Q17 earnings as growth in Franchise Brands, Hasbro Gaming and Emerging Brands offset the expected decline in Partner Brands. Net income rose to $68.6MM or $0.54 per share from $48.75MM or $0.38 per share last year. Net revenue grew to $849.7MM from $831.2MM.
$TSTR's average loans were up 4.3% in 1Q17 over 1Q16. Average
deposits were up 1.8% over the same period a year earlier. For 1Q17, return on
average assets and return on average equity were 0.91% and 10.17%,
respectively, compared to 0.89% and 9.98% for 1Q16.
$TSTR reported a 5.2% increase in 1Q17 earnings. Net income was
$10.9MM or $0.114 per share compared to $10.4MM or $0.109 per share in 1Q16. Net
interest income was $37.4MM compared to $36.1MM in 1Q16.