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Everest Group swings to quarterly profit on higher investment returns
Feb 4 (Reuters) - Everest Group EG.N swung to a quarterly profit on Wednesday on the back of strong growth in investment returns and an easier comparison to last year, when the reinsurer had fortified reserves.Reinsurers and insurers typically invest a portion of their capital across various asset c...Reuters
Wed, Feb 4
Fifty-five thousand Ukrainian soldiers killed on battlefield, Zelenskiy tells French TV
PARIS, Feb 4 (Reuters) - The number of Ukrainian soldiers killed on the battlefield as a result of the country's war with Russia is estimated at 55,000, Ukrainian President Volodymyr Zelenskiy told France 2 TV on Wednesday."In Ukraine, officially the number of soldiers killed on the battlefi...Reuters
Wed, Feb 4
Energy distributor UGI's Q1 revenue slightly rises
OverviewEnergy distributor's Q1 revenue missed analyst expectationsAdjusted EPS for Q1 meets analyst expectationsCompany to divest LPG businesses in 5 countries for €48 mlnOutlookUGI plans disciplined capital deployment and executing long-term growth strategyResult DriversSTRONG GAS DEMAND - UGI...Reuters
Wed, Feb 4
Geospace Technologies's Q1 revenue falls
OverviewTechnology manufacturer's Q1 revenue fell 31% yr/yr, with a net loss reportedSmart Water segment revenue declined 21% due to seasonal demand decreaseEnergy Solutions segment revenue dropped 40%, impacted by lower OBX fleet utilizationOutlookGeospace expects strong long-term demand in Sma...Reuters
Wed, Feb 4
Compass Minerals Q1 revenue up 29%, driven by Salt segment sales
OverviewMinerals provider's fiscal Q1 revenue grew 29% yr/yr, driven by Salt segment salesAdjusted EBITDA for fiscal Q1 more than doubled yr/yrCompany reduced net debt by 10% yr/yrOutlookCompass Minerals raises full-year adjusted EBITDA guidance by 2% to $208 mln - $240 mlnCompany expects Salt s...Reuters
Wed, Feb 4
Insurer MetLife adjusted quarterly profit rises on strong investment returns
Feb 4 (Reuters) - MetLife MET.N reported a rise in fourth-quarter adjusted profit on Wednesday, as the insurer was helped by a stronger return on its investment portfolio. A strong market in the last three months of 2025, on the back of the U.S. Federal Reserve's rate cuts, boosted investment re...Reuters
Wed, Feb 4
Petrus Resources Announces Strategic Acquisition Of Oil Weighted Deep Basin Assets And $10 Million Life Offering
Feb 4 (Reuters) - Petrus Resources Ltd PRQ.TO:PETRUS RESOURCES ANNOUNCES STRATEGIC ACQUISITION OF OIL WEIGHTED DEEP BASIN ASSETS AND $10 MILLION LIFE OFFERINGPETRUS RESOURCES LTD - ACQUISITION VALUED AT ABOUT $33.4 MILLIONPETRUS RESOURCES LTD - TO BUY CARDIUM LIGHT OIL ASSETS IN ALBERTAPETRUS RESOUR...Reuters
Wed, Feb 4
U-Haul reports Q3 net loss of $37 mln
OverviewMoving and storage company's Q3 net income fell to a $37 mln lossSelf-storage revenues rose 7.9% yr/yr in Q3OutlookU-Haul expects fleet depreciation losses to bottom out this calendar yearCompany aims to improve market penetration in U-Move segmentU-Haul sees potential growth in underuti...Reuters
Wed, Feb 4
Insurance and investment firm Markel's Q4 revenue rises
OverviewInsurance and investment firm's Q4 operating revenue increased 8% yr/yrAdjusted operating income rose 19% in Q4, driven by improved underwriting profitabilityCompany repurchased $429.5 mln in shares in 2025OutlookMarkel did not provide specific future guidance in the press release in its...Reuters
Wed, Feb 4
Golf-Healthcare executive Clark named PGA of America CEO
Feb 4 (Reuters) - The PGA of America named health insurance executive Terry Clark as chief executive officer on Wednesday, less than a month after Derek Sprague stepped down to spend more time with family.Clark, who has served as an independent director on the PGA of America board since 2024, will t...Reuters
Wed, Feb 4
Magnera Q1 net sales rise on merger impact
OverviewMaterials solutions provider's Q1 net sales rose 13%, driven by merger and currency impactsQ1 adjusted EBITDA rose 11%, aided by merger contributionsOutlookMagnera reaffirms fiscal 2026 adjusted EBITDA guidance of $380 - $410 mlnCompany maintains fiscal 2026 free cash flow guidance of $9...Reuters
Wed, Feb 4
First Industrial Realty Q4 EPS beats estimates
OverviewLogistics real estate firm's Q4 revenue slightly beat analyst expectationsEPS for Q4 beat analyst expectationsCompany increased quarterly dividend by 12.4%OutlookCompany initiates 2026 NAREIT FFO guidance at $3.09 to $3.19 per share/unitFirst Industrial expects 2026 net income of $1.58 t...Reuters
Wed, Feb 4
Allstate quarterly profit rises on strength in property-liability business
Feb 4 (Reuters) - Insurer Allstate's ALL.N fourth-quarter profit more than doubled on Wednesday, driven by strength in its property-liability business and higher investment returns. Underwriting performance has strengthened across the sector, with catastrophe losses retreating from peaks that ha...Reuters
Wed, Feb 4
Murphy USA reports steady Q4 net income
OverviewRetail motor fuel marketer's Q4 net income nearly flat yr/yr at $141.9 mlnAdjusted EBITDA for Q4 beat analyst expectationsCompany repurchased 175.4k shares for $67.5 mln in Q4OutlookMurphy USA expects to open 45 to 55 new stores in 2026Company projects 2026 merchandise contribution betwe...Reuters
Wed, Feb 4
Arm Holdings Sees Midpoint Q4 Adjusted EPS Of $0.58
Feb 4 (Reuters) - Arm Holdings PLC O9Ty.F:ARM HOLDINGS OUTLOOK MIDPOINT Q4 REVENUE $1.47 BILLION VERSUS IBES ESTIMATE $1.44 BILLIONARM HOLDINGS OUTLOOK MIDPOINT Q4 ADJUSTED EPS $0.58 VERSUS IBES ESTIMATE $0.57ARM HOLDINGS Q3 REVENUE $1.24 BILLION VERSUS IBES ESTIMATE $1.22 BILLIONARM HOLDINGS Q3 ADJ...Reuters
Wed, Feb 4
O'Reilly Q4 revenue slightly beats analyst expectations
OverviewAutomotive parts retailer's Q4 revenue slightly beat analyst expectationsDiluted EPS for Q4 increased 13% yr/yrCompany repurchased 5.2 mln shares for $500 mln in Q4OutlookO'Reilly projects 2026 revenue between $18.7 bln and $19.0 blnCompany expects 2026 comparable store sales growth ...Reuters
Wed, Feb 4
Patterson-UTI Q4 revenue beats expectations
OverviewDrilling services provider's Q4 revenue beat analyst expectationsCompany reported Q4 adjusted EBITDA of $221 mlnQuarterly dividend raised by 25% to $0.10 per shareOutlookCompany expects Q1 adjusted gross profit for Drilling Services to decline by less than 5%Company anticipates Q1 Comple...Reuters
Wed, Feb 4
