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Hartford profit surges as insurance demand, investment income climb
July 28 (Reuters) - Hartford HIG.N reported a 35% jump in second-quarter profit on Monday, as insurance spending remained strong and investment income rose. Despite reduced discretionary spending due to geopolitical and economic uncertainties, individuals and businesses continued prioritizing ins...Reuters
Mon, Jul 28
Ashford Hospitality Trust Inc expected to post a loss of $7.36 a share - Earnings Preview
Ashford Hospitality Trust Inc AHT.N, AHT is expected to show a fall in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Dallas Texas-based company is expected to report a 4.7% decrease in revenue to $301.6 million from $316.48 million a year ago, accordin...Reuters
Mon, Jul 28
Bausch Health Companies Inc expected to post earnings of 94 cents a share - Earnings Preview
Bausch Health Companies Inc BHC.TO is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Laval Quebec-based company is expected to report a 3.4% increase in revenue to $2.485 billion from $2.4 billion a year ago, according to the...Reuters
Mon, Jul 28
Prudential Financial Inc expected to post earnings of $3.21 a share - Earnings Preview
Prudential Financial Inc PRU.N, PRU is expected to show a fall in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Newark New Jersey-based company is expected to report a 2.4% decrease in revenue to $13.51 billion from $13.84 billion a year ago, according...Reuters
Mon, Jul 28
US FDA approves PTC Therapeutics' metabolic disorder drug
By Kamal Choudhury and Christy SanthoshJuly 28 (Reuters) - The U.S. Food and Drug Administration has approved PTC Therapeutics' PTCT.O oral drug to treat a rare inherited metabolic disorder that prevents the body from properly breaking down certain amino acids, the company said on Monday.The ap...Reuters
Mon, Jul 28
Benchmark Electronics Inc expected to post earnings of 54 cents a share - Earnings Preview
Benchmark Electronics Inc BHE.N, BHE is expected to show a fall in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Tempe Arizona-based company is expected to report a 4.0% decrease in revenue to $639 million from $665.9 million a year ago, according to t...Reuters
Mon, Jul 28
Host Hotels & Resorts Inc expected to post earnings of 22 cents a share - Earnings Preview
Host Hotels & Resorts Inc HST.OQ HST.O is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Bethesda Maryland-based company is expected to report a 3.1% increase in revenue to $1.511 billion from $1.47 billion a year ago, acc...Reuters
Mon, Jul 28
Tilray Q4 revenue falls, net loss widens to $1.27 bln
OverviewQ4 revenue declines to $224.5 mln, impacted by strategic decisionsInternational cannabis revenue up 71% in Q4Company reduces total debt repayments of ~$100 mln to date, strengthening balance sheetOutlookTilray expects FY 2026 adjusted EBITDA of $62 mln to $72 mlnCompany anticipates growth in...Reuters
Mon, Jul 28
Lam Research Corp expected to post earnings of $1.21 a share - Earnings Preview
Lam Research Corp LRCX.OQ LRCX.O is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Fremont California-based company is expected to report a 29.4% increase in revenue to $5.008 billion from $3.87 billion a year ago, according t...Reuters
Mon, Jul 28
PC Connection Inc expected to post earnings of 91 cents a share - Earnings Preview
PC Connection Inc CNXN.OQ CNXN.O is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Merrimack New Hampshire-based company is expected to report a 3.7% increase in revenue to $764.084 million from $736.48 million a year ago, acc...Reuters
Mon, Jul 28
NETGEAR Inc expected to post a loss of 15 cents a share - Earnings Preview
NETGEAR Inc NTGR.OQ NTGR.O is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The San Jose California-based company is expected to report a 12.6% increase in revenue to $162.06 million from $143.9 million a year ago, according to t...Reuters
Mon, Jul 28
Farmers & Merchants Q2 net income rises nearly 36%
OverviewFarmers & Merchants Bancorp Q2 net income rises 35.7% yr/yr to $7.7 mlnPretax profit for Q2 beats analyst expectations, per LSEG dataNet interest margin expands for fourth consecutive qtr, up 51 basis points yr/yrOutlookCompany expects continued loan growth and stable asset quality in 20...Reuters
Mon, Jul 28
Ventas Inc expected to post earnings of 14 cents a share - Earnings Preview
Ventas Inc VTR.N, VTR is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Chicago Illinois-based company is expected to report a 14.5% increase in revenue to $1.375 billion from $1.2 billion a year ago, according to the mean est...Reuters
Mon, Jul 28
LINKBANCORP Q2 adjusted net income misses estimates
OverviewLINKBANCORP Q2 net income falls to $7.4 mln, misses analyst estimatesCo's adjusted EPS meets expectations, per LSEG dataTotal loans saw a quarterly rise of $82.7 mln, indicating robust balance sheet growthNon-performing assets decline, improving credit qualityOutlookCompany focuses on im...Reuters
Mon, Jul 28
MOVES-Bank of America appoints new tech chief as Bhasin retires, memo shows
NEW YORK, July 28 (Reuters) - Bank of America's BAC.N chief technology and information officer, Aditya Bhasin, is retiring from the lender and will be replaced by Hari Gopalkrishnan, according to an internal memo seen by Reuters on Monday. Bhasin, whose career spans more than two decades at Bo...Reuters
Mon, Jul 28
AvalonBay Communities Inc expected to post earnings of $1.26 a share - Earnings Preview
AvalonBay Communities Inc AVB.N, AVB is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Arlington Virginia-based company is expected to report a 4.8% increase in revenue to $759.187 million from $724.21 million a year ago, acco...Reuters
Mon, Jul 28
Employers Holdings Inc expected to post earnings of 99 cents a share - Earnings Preview
Employers Holdings Inc EIG.N, EIG is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Reno Nevada-based company is expected to report a 0.1% increase in revenue to $217.175 million from $217 million a year ago, according to the ...Reuters
Mon, Jul 28
MVB Financial posts drop in Q2 net income
OverviewMVB Financial Q2 net income falls short of company expectations due to loan growth timingCompany reports 4.4% loan growth and 8.5% deposit growth in Q2Co repurchased 314,580 shares for $6.4 mln, indicating confidence in future performanceOutlookCompany confident in delivering long-term value...Reuters
Mon, Jul 28
Alamos Gold Inc expected to post earnings of 32 cents a share - Earnings Preview
Alamos Gold Inc AGI.TO is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Toronto Ontario-based company is expected to report a 36.1% increase in revenue to $452.735 million from $332.6 million a year ago, according to the mea...Reuters
Mon, Jul 28
