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First Busey: Q2 Earnings Snapshot

LEAWOOD, Kan. (AP) — LEAWOOD, Kan. (AP) — First Busey Corp. (BUSE) on Tuesday reported second-quarter earnings of $63.2 million.

The Leawood, Kansas-based bank said it had earnings of 69 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.

The bank holding company posted revenue of $268.7 million in the period. Its revenue net of interest expense was $196.7 million, which missed Street forecasts.

First Busey shares have climbed 27% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $30.23, a climb of 31% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BUSE at https://www.zacks.com/ap/BUSE

California couple and their surrogate testify in Texas court as dispute over newborn escalates

DALLAS (AP) — A California couple in an escalating fight with their surrogate over a newborn with a life-threatening heart defect told a Texas court Tuesday that the child's condition has worsened and they are anguished by attempts to deny them parental rights because they previously wanted an abortion. “He's our child,” Nausheen Gilkar said, wiping away tears on the witness stand. “She's unstable,” Gilkar said of surrogate McKenna West, who was sitting across from her in the Dallas courtroom. “She's trying to take him from us.” The hearing offered the fullest public airing to date of a deepening and high-profile dispute over surrogacy and abortion that has rushed right-to-life groups and GOP officeholders to the side of West, a nurse who flew from Alaska to have the baby on Aug. 12 in Texas, where most abortions are banned.
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