Taxi passenger 'fat-shamed by driver who said she needed a bigger cab'

Webster Financial Q1 Profit Tops Estimates; Webster Financial & Sterling Bancorp To Combine

Webster Financial Corp. (WBS) reported first quarter earnings applicable to common shareholders of $105.5 million, or $1.17 per share, compared to $36.0 million, or $0.39 per share, prior year. Earnings per share would have been $1.25 for the quarter ended March 31, 2021, adjusting for charges related to strategic optimization initiatives. On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.92, for the quarter. Analysts’ estimates typically exclude special items.

For the first quarter of 2021, revenue was $300.5 million. Analysts expected revenue of $230.77 million, for the quarter.

Separately, Webster Financial Corporation and Sterling Bancorp (STL) said the two companies will combine in an all-stock merger of equals transaction with a total market value of approximately $10.3 billion. Sterling will merge into Webster, and Sterling’s shareholders will receive a fixed exchange ratio of 0.463 of a Webster share for each share of Sterling stock they own.

Webster shareholders will own approximately 50.4% of the combined company, and Sterling shareholders will own approximately 49.6%. The combined company will retain the Webster name.

John Ciulla, Chairman, President & CEO of Webster, will serve as President & CEO of the combined company until 24 months after closing, at which time he will become Chairman, President & CEO. Jack Kopnisky, President & CEO of Sterling, will serve as Executive Chairman of the combined company.

Domino’s, Nuro To Start Autonomous Pizza Delivery In Houston

Domino’s Pizza and autonomous vehicle startup Nuro are launching autonomous pizza delivery in Houston, this week.

Following the launch, some Domino’s customers in Houston can have a pizza delivered by Nuro’s R2 robot.

Nuro’s R2 is the first completely autonomous, on-road delivery vehicle with a regulatory approval by the U.S. Department of Transportation.

The pizza delivery giant said the customers will receive text alerts, which will update them on R2’s location and provide them with a unique PIN to retrieve their order.

Customers may also track the vehicle via GPS on their order confirmation page. Once R2 arrives, customers will be prompted to enter their PIN on the bot’s touchscreen. R2’s doors will then gently open upward, revealing the customer’s hot Domino’s order.

Harley-Davidson Q1 adjusted earnings Beat Estimates

Harley-Davidson (HOG) announced earnings for its first quarter that advanced from last year.

The company’s earnings totaled $259.14 million, or $1.68 per share. This compares with $69.70 million, or $0.45 per share, in last year’s first quarter.

Excluding items, Harley-Davidson reported adjusted earnings of $258.87 million or $1.68 per share for the period.

Analysts had expected the company to earn $0.88 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 11.8% to $1.23 billion from $1.10 billion last year.

Harley-Davidson earnings at a glance:

-Earnings (Q1): $258.87 Mln. vs. $69.70 Mln. last year.
-EPS (Q1): $1.68 vs. $0.45 last year.
-Analysts Estimate: $0.88
-Revenue (Q1): $1.23 Bln vs. $1.10 Bln last year.

M&T Bank Corp. Bottom Line Climbs In Q1

M&T Bank Corp. (MTB) announced earnings for its first quarter that advanced from the same period last year.

The company’s earnings totaled $428.09 million, or $3.33 per share. This compares with $250.70 million, or $1.93 per share, in last year’s first quarter.

Analysts had expected the company to earn $3.00 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

M&T Bank Corp. earnings at a glance:

-Earnings (Q1): $428.09 Mln. vs. $250.70 Mln. last year.
-EPS (Q1): $3.33 vs. $1.93 last year.
-Analysts Estimate: $3.00

Ex-deputy sheriff who 'sexually abused girl' wanted for 'shooting three dead'





ProLogis Q1 adjusted earnings Beat Estimates

ProLogis (PLD) released earnings for first quarter that declined from the same period last year.

The company’s profit totaled $365.82 million, or $0.49 per share. This compares with $489.42 million, or $0.70 per share, in last year’s first quarter.

Excluding items, ProLogis reported adjusted earnings of $741.83 million or $0.97 per share for the period.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 17.3% to $1.15 billion from $0.98 billion last year.

ProLogis earnings at a glance:

-Earnings (Q1): $741.83 Mln. vs. $599.22 Mln. last year.
-EPS (Q1): $0.97 vs. $0.83 last year.
-Analysts Estimate: $0.41
-Revenue (Q1): $1.15 Bln vs. $0.98 Bln last year.

-Guidance:
Full year EPS guidance: $3.98 to $4.04

Taxi passenger 'fat-shamed by driver who said she needed a bigger cab'