News
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Constellium Reports Second Quarter And First Half 2025 Results Raises Full Year 2025 Guidance
July 29 (Reuters) - Constellium SE 3OK.F:CONSTELLIUM REPORTS SECOND QUARTER AND FIRST HALF 2025 RESULTS; RAISES FULL YEAR 2025 GUIDANCECONSTELLIUM SE - Q2 REVENUE $2.1 BILLIONCONSTELLIUM SE - RAISES 2025 EBITDA GUIDANCE TO $620-$650 MILLIONReuters
Tue, Jul 29
Genetic testing firm GeneDx beats Q2 adjusted EPS estimates, raises full-year guidance
OverviewGeneDx Q2 2025 revenue rises 49% yr/yr to $102.7 mlnAdjusted EPS beats analyst expectations, per LSEG dataCo raises full-year revenue guidance to $400-$415 mlnOutlookGeneDx raises 2025 revenue guidance to $400-$415 mlnCompany expects 48%-52% growth in exome and genome revenueGeneDx anticipat...Reuters
Tue, Jul 29
Civeo Q2 revenue just shy of estimates, keeps FY outlook
OverviewCiveo Q2 revenue of $162.7 mln missed analyst expectationsCompany reports Q2 net loss of $3.3 mln, contrasting last year's profitCo repurchased 883,000 shares, about 7% of total shares outstanding in Q2OutlookCiveo maintains 2025 revenue guidance of $640 mln to $670 mlnCompany maintains ...Reuters
Tue, Jul 29
Building products firm Eagle Materials's Q1 revenue beats estimates
OverviewEagle Materials fiscal Q1 revenue rises 4% to $634.7 mln, beating expectationsNet earnings for fiscal Q1 fall 8% to $123.4 mlnCo repurchased 358,000 shares for $79 mlnOutlookEagle Materials expects to benefit from U.S. infrastructure renovation needsCompany anticipates housing market recover...Reuters
Tue, Jul 29
PREVIEW-Microsoft's AI edge under scrutiny as OpenAI turns to rivals for cloud services
AI demand expected to help drive nearly 35% growth in AzureMicrosoft-OpenAI partnership under scrutiny as ChatGPT maker deepens Oracle tie-upCapex will also be in focus after rival Alphabet boosted spending plansBy Aditya Soni July 29 (Reuters) - Microsoft MSFT.O investors head into Wednesday'...Reuters
Tue, Jul 29
Perfect Corp Reports Unaudited Financial Results For The Three Months And Six Months Ended June 30
July 29 (Reuters) - Perfect Corp SZ9.F:PERFECT CORP. REPORTS UNAUDITED FINANCIAL RESULTS FOR THE THREE MONTHS AND THE SIX MONTHS ENDED JUNE 30, 2025PERFECT CORP: COMPANY REITERATES ITS FULL YEAR 2025 REVENUE GUIDANCEReuters
Tue, Jul 29
Royal Caribbean lifts annual profit forecast on resilient cruise demand
July 29 (Reuters) - Royal Caribbean RCL.N raised its annual profit forecast on Tuesday, banking on resilient demand for the cruise operator's high-end private island destinations and premium sailings.The company expects fiscal 2025 adjusted profit per share of $15.41 to $15.55, compared with its...Reuters
Tue, Jul 29
Baker Hughes To Acquire Chart Industries for $13.6 Billion
July 29 (Reuters) - Baker Hughes Co BKR.O:BAKER HUGHES TO ACQUIRE CHART INDUSTRIES, ACCELERATING ENERGY & INDUSTRIAL TECHNOLOGY STRATEGYBAKER HUGHES CO - TO BUY CHART INDUSTRIES FOR $13.6 BILLIONBAKER HUGHES CO - EXPECTED $325 MILLION IN ANNUALIZED COST SYNERGIES BY END OF THIRD YEARBAKER HUGHES...Reuters
Tue, Jul 29
Xerox Holdings Corp expected to post earnings of 8 cents a share - Earnings Preview
Xerox Holdings Corp XRX.OQ XRX.O is expected to show a fall in quarterly revenue when it reports results on July 31 for the period ending June 30 2025The Norwalk Connecticut-based company is expected to report a 2.1% decrease in revenue to $1.546 billion from $1.58 billion a year ago, according t...Reuters
Tue, Jul 29
Air India audit finds 51 safety lapses, from unapproved simulators to training gaps
Air India faces intense scrutiny after June Dreamliner crashIndia watchdog finds many lapses in regular audit Audit reveals "recurrent training gaps", increasing safety risksAirline says will respond with details of corrective action By Aditya Kalra and Abhijith Ganapavaram NEW DELHI, Jul...Reuters
Tue, Jul 29
Merck to cut jobs and costs as demand for Gardasil in China remains weak
Merck expects $3 bln annual savings by end of 2027Keytruda sales rise 9% to just under $8 billion Gardasil sales missed already weak Wall Street estimatesBy Michael Erman July 29 (Reuters) - Drugmaker Merck & Co MRK.N on Tuesday announced job and cost cuts it said will save $3 billion a year ...Reuters
Tue, Jul 29
UPS falls as 'de minimis' tariff slows demand
** Shares of delivery company UPS UPS.N fall nearly 5% to ~$96 in premarket trading ** Co reports decline in second-quarter profit and revenue ** Demand takes a hit from new "de minimis" tariffs on low-value Chinese shipments** Levy of 54% on shipments under $800 from China that were previou...Reuters
Tue, Jul 29
