Investors Title (ITIC) gains 0.91% in light trading on October 15

Investors Title Co. (NASDAQ: ITIC) closed at $ 189.30 on Friday after gaining $ 1.7 (0.91%) on a volume of 2,624 shares. The stock ranged from a high of $ 190.88 to a low of $ 189.17, while Investors Title’s market cap is now $ 358,557,295.

Visit Investors Title Co.’s profile for more information.

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BlackRock beats earnings estimates for the third quarter, but asset growth is flattening

BlackRock Inc beat earnings estimates for the third quarter, helped by robust performance fees and strong demand for its actively managed and sustainable funds, despite volatile markets preventing the world’s largest wealth manager from growing its assets under management.

Asset managers have benefited from soaring global financial markets in recent quarters as investors put money into work and made the most of the post-pandemic economic reopening, fueled by advances in vaccination and strong fiscal and monetary aid.

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Emerson Electric to merge industrial software businesses with Aspen Technology

Industrial software company Emerson Electric Co (NYSE: EMR) will merge two of its businesses with smaller competitor Aspen Technology Inc (Nasdaq: AZPN) in a $ 11 billion deal.

The cash and stock deal announced Monday that AspenTech is valued at approximately $ 160 per share, a 27% premium from the October 6 close, before Bloomberg News first reported talks between the two companies.

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JPMorgan Misses Third Quarter Revenue and Beats Earnings Estimates with One-Time Items

JPMorgan Chase posted a 24% profit jump in the third quarter on Wednesday, mainly driven by one-off items that improved its results as the bank struggled to grow revenues with interest rates close to zero.

The country’s largest bank by assets said it had earnings of $ 11.69 billion, or $ 3.74 per share, compared to earnings of $ 9.44 billion, or $ 2.92 – dollars per share over the same period last year. The bank had two one-time items that helped grow its profits this quarter: an income tax break of $ 566 million and the release of $ 2.1 billion from its battered loan books, something the JPMorgan did has been doing the pandemic every three months since the US economy recovered from recovery.

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For more information about Investors Title Co. and to keep up with the latest updates from the company, please visit the company’s profile page here: Investors Title Co. Profile. For more financial market news, visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories in your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute delayed prices. All other data will be provided by IEX Cloud starting at 8:05 p.m. ET on the day of publication.

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