-- President Donald Trump's extension of the ceasefire with Iran will last for only three to five days, Fox News reported Wednesday, citing a White House official.
The White House didn't immediately reply to a request for comment from.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:FCNC.A posted Q1 2026 operating EPS of $44.86 vs. $37.79 a year ago, $5.63 above the consensus, while adjusted revenue of $2.14B was flat Y/Y but down 5% Q/Q. Net interest income fell 6% Q/Q to $1.621B with the net interest margin compressing 11bps to 3.09%, disappointing as both metrics declined faster than peers. Credit performance continued improving following Q3 supply chain finance issues, with net charge-offs declining 9bps Q/Q to 0.30%. Management lowered full-year 2026 net charge-off guidance by 5bps to 30-40bps. Balance sheet momentum accelerated with deposits surging $9.3B (+5.7% Q/Q) to $170.84B, due to Commercial Bank growth of $5.7B from SVB Commercial and Global Fund Banking. Loan growth of $762M (+0.5% Q/Q) was led by $1.35B expansion in capital call lines, reflecting improving innovation economy conditions. Aggressive capital deployment continued with $900M in share repurchases (4.0% of outstanding shares) and $2.5B Purchase Money Note prepayment.
American Express (AXP) reported better-than-expected first-quarter results on Thursday, while the payments company reiterated its full-year outlook.Net income came in at $4.28 a share for the quarter ended March, up from $3.64 the year before and topping the FactSet-polled consensus of $4. Revenue, net of interest expense, improved 11% to $18.91 billion, driven by higher card member spending and increased net interest income, among other factors. The Street was looking for $18.61 billion."We had a very strong start to the year, reflecting continued momentum across our premium customer base and execution of our proven growth strategy," Chief Executive Stephen Squeri said in a statement. "Given our strong results to date, we're reaffirming our full-year 2026 guidance."American Express continues to anticipate earnings to be in a range of $17.30 to $17.90 per share on revenue growth of 9% to 10%. The average analyst estimate on FactSet is for EPS of $17.56 and sales of $79.1 billion.Revenue in the US consumer services segment climbed 11% to $9.12 billion, while international card services jumped 20% to $3.53 billion. Commercial services rose 7% to $4.32 billion, while global merchant and network services inclined 10% to $2 billion."Card Member spending grew 9% (foreign-exchange)-adjusted, the highest quarterly growth in three years, driven by strong demand and engagement with our premium products," Squeri said. "Our credit performance remained excellent."Provisions for credit losses totaled $1.25 billion, up from $1.15 billion in the prior-year period, reflecting higher net write-offs and a lower reserve release versus last year, the company said.
Green Thumb Industries' (GTII.CN), a national cannabis consumer packaged goods company that saw its shares rise 11% yesterday, authorized an additional US$100 million for its existing share buy-back program announced on September 16, 2025, it said Thursday.The buy-back program now authorizes the repurchase of its subordinate voting shares having an aggregate value of up to $150 million, it added.Approximately 7.5 million shares for approximately $43.4 million have been repurchased since the program began on September 23, 2025, GTII said. Of that total, approximately 6.0 million shares for approximately $33.0 million were repurchased in the first quarter of 2026, it added."We have built a strong business, and we do not believe our current share price fully reflects that value. We have demonstrated our conviction in Green Thumb through meaningful share repurchases, and this added capacity gives us greater flexibility to continue deploying capital opportunistically," said Green Thumb Founder, Chairman and CEO Ben Kovler.The existing repurchase program will expire on September 22, 2026.Shares closed up 11% to $10.81 on Wednesday on the Canadian Securities Exchange.