Economic Impact

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Business

Analysts Revise Outlook on OFG Bancorp: What's Behind the Price Target Shift?

OFG Bancorp (OFG) is drawing renewed attention from Wall Street as analysts recalibrate their price targets, signaling a potential shift in the bank's investment narrative. The adjustments reflect evolving views on the Puerto Rico-based lender's strategic positioning, risk exposure, and emerging growth opportunities in a changing economic landscape.

Business

CN's Robinson Casts Doubt on UP-NS Merger Viability, Demands 'Significant' Concessions

Canadian National CEO Tracy Robinson has delivered a stark assessment of the proposed Union Pacific-Norfolk Southern merger, stating the railroads have "a long way to go" to satisfy regulatory concerns. In CN's earnings call, she criticized the application for failing to address competitive harms and warned of impacts on shippers, setting the stage for a contentious review process.