News
Important Only
Pakistan's bonds hit 3-year high after credit rating upgrade
LONDON, July 25 (Reuters) - Pakistan's long-dated dollar bonds rallied for a second day to hit fresh three-year highs on Friday, a day after S&P Global upgraded the country's sovereign credit rating.The rating firm's one notch increase to 'B-' cited the International Monetary...Reuters
Fri, Jul 25
Street View: Brokerages focus on Union Pacific's deal breakthrough
** U.S. railroad operator Union Pacific UNP.N said on Thursday it is in advanced talks with rival Norfolk Southern NSC.N, signaling that deal to form $200 billion coast-to-coast rail company could be close** This could trigger further consolidation among remaining freight rail giants** UNP's qua...Reuters
Fri, Jul 25
Electrode maker GrafTech's Q2 sales fall, net loss widens on higher tax expense
OverviewGrafTech Q2 sales volume up 12% yr/yr, net sales miss analyst expectationsAdjusted EPS for Q2 misses consensus, reflecting lower realized pricesCo reports Q2 net loss of $87 mln, including $43 mln tax expenseOutlookGrafTech expects 10% increase in 2025 sales volumeCompany projects 7-9% decli...Reuters
Fri, Jul 25
Booz Allen Hamilton Announces First Quarter Fiscal Year 2026 Results
July 25 (Reuters) - Booz Allen Hamilton Holding Corp BAH.N:BOOZ ALLEN HAMILTON ANNOUNCES FIRST QUARTER FISCAL YEAR 2026 RESULTSBOOZ ALLEN HAMILTON- $200 MILLION ANTICIPATED FY26 FEDERAL CASH TAX BENEFIT FROM NEW S174 RULESOUTLOOK FY ADJUSTED EPS BETWEEN $6.20 AND $6.55Q1 EARNINGS PER SHARE VIEW $1.4...Reuters
Fri, Jul 25
Ast Spacemobile Prices Repurchase Of Convertible Senior Notes To Be Funded By Concurrent Registered Direct Offering Of Class A Common Stock
July 25 (Reuters) - AST SpaceMobile Inc ASTS.O:AST SPACEMOBILE PRICES REPURCHASE OF CONVERTIBLE SENIOR NOTES TO BE FUNDED BY CONCURRENT REGISTERED DIRECT OFFERING OF CLASS A COMMON STOCKAST SPACEMOBILE INC - REPURCHASES $135 MILLION CONVERTIBLE NOTESAST SPACEMOBILE INC - ISSUES 5.8 MILLION SHARES FO...Reuters
Fri, Jul 25
Hyperscale Data Subsidiary Agree's Minority Holding Fouquet's New York Completes Financing Of $145 Mln With Goldman Sachs Affiliated Funds
July 25 (Reuters) - Hyperscale Data Inc GPUS.A:HYPERSCALE DATA SUBSIDIARY AGREE'S MINORITY HOLDING FOUQUET'S NEW YORK COMPLETES FINANCING OF $145 MILLION WITH GOLDMAN SACHS AFFILIATED FUNDSReuters
Fri, Jul 25
Central Pacific Financial's Q2 net income rises to $18.3 mln
OverviewCentral Pacific Q2 net income rises to $18.3 mln, up from last quarterNet interest income increases 3.6% from Q1, driven by higher yieldsEfficiency ratio improves to 60.36%, reflecting better cost managementOutlookCentral Pacific Financial emphasizes strong asset quality supporting future gr...Reuters
Fri, Jul 25
South Korea officials to meet US commerce secretary again for tariff talks
South Korea in race to clinch trade deal by August 1 Industry minister latest in flurry of Washington meetingsSeoul 'very, very' much wants deal after US-Japan one -LutnickBy Jack Kim and Ju-min Park SEOUL, July 25 (Reuters) - South Korea's Industry Minister Kim Jung-kwan and top trad...Reuters
Fri, Jul 25
EU regulator does not recommend approval of Sarepta's muscle disorder gene therapy
July 25 (Reuters) - Europe's medicines regulator did not recommend the approval of Sarepta Therapeutics' SRPT.O gene therapy Elevidys for a type of rare muscular dystrophy, the health agency said on Friday.Reuters
Fri, Jul 25
India-UK trade deal signals Modi's priorities as New Delhi eyes EU, US pacts
Trade deal with UK marks shift in market opennessIndia to cut tariffs on British vehicles, easing protectionismGovernment maintains red lines on agriculture, dairy By Manoj Kumar NEW DELHI, July 25 (Reuters) - India's trade deal with Britain is a sign of New Delhi's new gradual shift to o...Reuters
Fri, Jul 25
First Citizens BancShares Q2 adjusted EPS beats estimates, $4 bln buyback announced
OverviewFirst Citizens BancShares Q2 adjusted EPS beats analyst expectations, per LSEG dataCo announces $4 bln share repurchase plan following $3.5 bln planDiane Morais appointed to Board of DirectorsOutlookCompany announces $4 bln share repurchase plan, which will start upon completion of ongoing $...Reuters
Fri, Jul 25
Subprime consumer lender OneMain's Q2 adjusted EPS beats estimates
OverviewOneMain Holdings Inc Q2 adjusted EPS of $1.45 beats analyst expectations, per LSEG dataThe subprime consumer lender's net income for Q2 rises to $167 mln, up from $71 mln last yearManaged receivables grow 7% yr/yr to $25.2 blnOutlookCompany did not provide specific guidance for future qu...Reuters
Fri, Jul 25
Auto parts supplier Lear beats Q2 revenue estimates
OverviewLear Q2 revenue of $6.0 bln beats analyst expectations, per LSEG dataAdjusted EPS for Q2 exceeds estimates, indicating strong operational performanceCo awarded new seat programs with BMW, Ford, and global EV automakersOutlookLear sees full-year revenue between $22,470 mln and $23,070 mlnComp...Reuters
Fri, Jul 25
Insurance broker Aon Q2 profit rises on strong risk, health unit growth
July 25 (Reuters) - Insurance brokerage firm Aon AON.N reported a higher second-quarter profit on Friday, boosted by strong demand for its risk management and health solutions.WHY IT'S IMPORTANTDespite persistent recession fears and stubborn inflation, spending on insurance has remained resilie...Reuters
Fri, Jul 25
Advanced Health Intelligence Expects US Tariff Related Disruption To Stabilise In Coming Quarter
July 25 (Reuters) - Advanced Health Intelligence Ltd AHI.AX:EXPECTS US TARIFF RELATED DISRUPTION TO STABILISE IN COMING QUARTERTARIFF SCHEDULES INTRODUCED NEAR-TERM UNCERTAINTY, RESULTING IN DELAYS TO TWO OF CO'S SALES PROSPECT INITIATIVESReuters
Fri, Jul 25
