News
Important Only
Brookline Bancorp Q2 net income rises, announces dividend
OverviewBrookline Bancorp Q2 net income rises to $22 mln, EPS $0.25Net interest income for Q2 increases due to lower funding costs and higher yields on loans and leasesCompany announces quarterly dividend at $0.135 per shareOutlookCompany sees continued stress in Boston office sector affecting provi...Reuters
9 minutes ago
US Justice Dept civil rights unit faces mass exodus
368 employees leave division since Trump took officeSenator assails shift from traditional civil rights enforcementNew mission statements omit civil rights statutesBy Sarah N. Lynch WASHINGTON, July 23 (Reuters) - The U.S. Justice Department office tasked with protecting peoples' civil rights...Reuters
9 minutes ago
Northrim Q2 net income rises 31%
OverviewNorthrim Q2 net income rises to $11.8 mln, up from $9.0 mln a year agoNet interest income grows 24% yr/yr to $33.6 mln, driven by loan growthAcquisition of Sallyport boosts purchased receivable incomeOutlookNorthrim aims to increase market share over the next few yearsResult DriversNET INTER...Reuters
9 minutes ago
First Merchants Q2 net income rises
OverviewFirst Merchants Q2 net income rises to $56.4 mln, EPS $0.98Co repurchased 582,486 shares totaling $22.1 mln during Q2Total loans grew $297.6 mln, 9.1% annualized, linked qtr basisResult DriversLOAN GROWTH - Total loans grew by $297.6 mln, or 9.1% annualized, primarily in Commercial & Ind...Reuters
10 minutes ago
First Bancorp's Q2 net income rises, boosts dividend
OverviewFirst Bancorp Q2 net income rises to $38.6 mln, driven by improved NIMDiluted EPS for Q2 increases to $0.93, reflecting disciplined expense managementCompany raises quarterly dividend to $0.23 per share, indicating financial confidenceOutlookCompany focuses on managing deposit costs and incr...Reuters
10 minutes ago
Century Communities Q2 revenue beats estimates
OverviewCentury Communities Q2 revenue of $1.0 bln beats analyst expectations, per LSEG dataAdjusted EPS for Q2 exceeds estimatesCompany's community count rose 23% YoY to a record 327OutlookCentury Communities revises 2025 home delivery guidance to 10,000-10,500 homesCompany expects 2025 home sa...Reuters
11 minutes ago
EastGroup Properties Q2 EPS rises
OverviewEastGroup Q2 EPS rises to $1.20, driven by higher PNOI and lower interest expensesFFO for Q2 increases 7.8% yr/yr, reflecting strong operational performanceCo starts construction on new projects and acquires properties, expanding portfolioOutlookEastGroup projects 2025 EPS between $4.76 and ...Reuters
11 minutes ago
LendingTree prelim Q2 revenue beats estimates, raises FY guidance
OverviewLendingTree preliminary Q2 revenue $250 mln, beating analyst expectations, per LSEG data Preliminary adjusted EBITDA for Q2 $31.8 mln, surpassing analyst estimates, per LSEG dataCo revises full-year 2025 guidance upwardsOutlookLendingTree sees preliminary Q3 revenue between $273 mln and $2...Reuters
13 minutes ago
THE DAY AHEAD-North America, July 24
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-pageFor Morning News Call U.S. -- a pre...Reuters
15 minutes ago
Google parent Alphabet beats quarterly revenue estimates, boosts capital spending
Reports total revenue of $96.43 billion for second quarter vs. expected $94 billionRaises 2025 capital spending target to about $85 billion from $75 billionBig Tech spending on AI amid rising Chinese competitionJuly 23 (Reuters) - Alphabet GOOGL.O beat Wall Street estimates for its second quarter on...Reuters
15 minutes ago
US Supreme Court lets Trump remove consumer product safety commissioners for now
Trump fired three Biden-appointed Democratic commissionersJudge blocked removal, saying Trump overstepped authorityBy John KruzelWASHINGTON, July 23 (Reuters) - The U.S. Supreme Court let Republican President Donald Trump on Wednesday remove three Democratic members of the government's top consu...Reuters
15 minutes ago
Integrated circuits provider MaxLinear beats Q2 revenue estimates
OverviewMaxLinear Q2 2025 rev grows 18% yr/yr, beating analyst expectationsCo returns to non-GAAP profitability, adjusted EPS meets analyst estimatesPositive free cash flow generated, indicating improved operational efficiencyOutlookMaxLinear expects Q3 2025 revenue between $115 mln and $135 mlnThe ...Reuters
16 minutes ago
Recruiter Robert Half Q2 revenue beats estimates
OverviewRobert Half Q2 global enterprise revenue of $1.37 bln beats analyst expectations, per LSEG dataThe recruiter's net income for Q2 falls to $41 mln from $68 mln year-over-yearCompany cites global economic uncertainty impacting client and job seeker behavior Result DriversECONOMIC UNCER...Reuters
16 minutes ago
Reliance Q2 adjusted EPS misses estimates
OverviewReliance Q2 net sales rise 0.5% yr/yr to $3.66 blnHowever, adjusted EPS of $4.43 misses analysts' expectations, per LSEG dataCompany repurchased $79.9 mln of common stock in Q2OutlookReliance expects Q3 2025 tons sold to decline 1% to 3%Company anticipates Q3 2025 average selling price d...Reuters
16 minutes ago
Waystar nears deal to buy Iodine Software for up to $1.2 billion, WSJ reports
July 23 (Reuters) - Healthcare software firm Waystar WAY.O is nearing a deal to buy privately held Iodine Software in a deal worth over $1.2 billion including debt, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Iodine Software, which is backed by private equit...Reuters
16 minutes ago
Founders Fund, Dragoneer Each Commit $1 Billion–Plus To OpenAI Deal - The Information
July 23 (Reuters) - FOUNDERS FUND, DRAGONEER EACH COMMIT $1 BILLION–PLUS TO OPENAI DEAL - THE INFORMATIONOPENAI WILL USE $40 BILLION FUNDRAISE TO DEVELOP DATA CENTERS, NEW PROJECTS - THE INFORMATIONOPENAI WILL USE $40 BILLION FUNDRAISE TO DEVELOP DATA CENTERS, NEW PROJECTS - THE INFORMATIONSource te...Reuters
17 minutes ago
SS&C Technologies Q2 adjusted revenue beats estimates
OverviewSS&C Q2 2025 GAAP revenue rises 5.9% to $1,536.8 millionAdjusted revenue of $1,537.8 million beats analyst expectations, per LSEG data; adjusted EPS up 9.8%Co to acquire Calastone at a purchase price of $1.03 bln, closing expected in Q4 2025OutlookSS&C sees Q3 2025 adjusted revenue b...Reuters
17 minutes ago
Horizon Bancorp Q2 net income falls
OverviewHorizon Bancorp Q2 net income falls to $20.6 mln from $23.9 mln in Q1Net interest income rises 5.9% qtr/qtr, driven by loan growthCompany maintains strong credit quality with low net charge-offsOutlookCompany highlights disciplined approach to efficient balance sheet and capital deploymentCo...Reuters
18 minutes ago
