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Former Trump lawyer says she will remain as New Jersey prosecutor despite court decision
WASHINGTON, July 24 (Reuters) - President Donald Trump's former personal lawyer, Alina Habba, said on Thursday that she would seek to remain as the top federal prosecutor in New Jersey despite a judicial decision this week not to extend her appointment. Habba's statement marked the latest ch...
Reuters
Thu, Jul 24
Flushing Financial Q2 adjusted EPS beats estimates
OverviewFlushing Financial Q2 adjusted EPS beats analyst expectations, per LSEG dataCompany's GAAP EPS increased 127.8% YoY to $0.41Average noninterest-bearing deposits grew 6.4% YoYOutlookCompany to maintain disciplined underwriting standards in H2 2025Company focuses on strong liquidity and ca...
Reuters
Thu, Jul 24
Minerals Technologies Q2 revenue came in-line with estimates as demand rebounds
OverviewMinerals Technologies Q2 revenue up 8% sequentially, largely in-line with analyst expectationsQ2 Adjusted EPS of the specialty minerals firm rises 36% sequentially to $1.55Company highlights strong cash flow and releases 17th annual sustainability reportOutlookCompany expects stronger second...
Reuters
Thu, Jul 24
Customers Bancorp Q2 net income surges 486% from Q1
OverviewCustomers Bancorp Q2 net income rises 486.4% from previous quarterNet interest margin improves due to higher interest income from loan growthOutlookCompany aims to strengthen deposit franchise and improve profitabilityCustomers Bancorp sees strong liquidity position with $8.6 bln availableCo...
Reuters
Thu, Jul 24
Mohawk reports upbeat quarterly results on strong ceramic pricing
July 24 (Reuters) - Home flooring manufacturer Mohawk Industries MHK.N beat Wall Street estimates for second-quarter profit and revenue on Thursday, as increased prices for its ceramic products helped offset higher raw material costs.Shares of the Calhoun, Georgia-based company were up 2.6% after th...
Reuters
Thu, Jul 24
Weyerhaeuser Announces New $1 Billion Share Authorization In Q2 2025
July 24 (Reuters) - Weyerhaeuser Co WY.N:WEYERHAEUSER: OUTLOOK Q3 TIMBERLANDS EARNINGS BEFORE SPECIAL ITEMS & ADJUSTED EBITDA ABOUT $10 MILLION LOWER THAN Q2WEYERHAEUSER: Q2 NET SALES $1.88 BILLIONWEYERHAEUSER: Q2 ADJUSTED EPS $0.12WEYERHAEUSER: ANNOUNCED NEW $1 BILLION AUTHORIZATION IN SECOND Q...
Reuters
Thu, Jul 24
Landmark Bancorp Q2 EPS rises
OverviewLandmark Q2 diluted EPS rises to $0.75 from $0.52 in Q2 2024Net earnings for Q2 2025 total $4.4 mln, up from $3.0 mln in Q2 2024Total gross loans increase by $42.9 mln, boosting net interest income 24.7% yr/yr Result DriversLOAN GROWTH - Strong demand for commercial and residential mortg...
Reuters
Thu, Jul 24
Trump administration asks US Supreme Court to allow NIH diversity-related cuts
Researchers and 16 US states challenged NIH grant cutsTrump targets diversity, equity and inclusion efforts By Andrew Chung July 24 (Reuters) - Donald Trump's administration asked the U.S. Supreme Court on Thursday to allow the government to proceed with sweeping cuts to National Institut...
Reuters
Thu, Jul 24
Midland States Bancorp Q2 EPS misses estimates
OverviewMidland States Bancorp Q2 net income falls to $9.8 mln from $23.5 mln yr agoAdjusted EPS of $0.44 misses analyst expectations, per LSEG dataNet interest margin rises to 3.56% from 3.49% in prior qtrOutlookMidland targets common equity tier 1 capital ratio of 10.0%Company expects profitabilit...
Reuters
Thu, Jul 24
OP Bancorp's Q2 EPS beats estimates
OverviewOP Bancorp Q2 net income rises to $6.3 mln from $5.6 mln in Q1Diluted EPS of $0.42 beats analyst expectations, per LSEG dataNet interest income increases to $19.7 mln, boosting net interest margin to 3.23%OutlookCompany focuses on strengthening core banking operations and customer engagement...
Reuters
Thu, Jul 24
USCB Q2 net income rises 31%, EPS up
OverviewUSCB Q2 net income rises to $8.1 mln, diluted EPS at $0.40Net interest margin improves to 3.28%, driven by loan growth and deposit pricingTotal assets increase 10.6% to $2.7 bln, loans up 13.1% yr/yrOutlookUSCB aims to sustain momentum with disciplined deposit pricingCompany focuses on risk ...
Reuters
Thu, Jul 24
Digital Realty boosts annual revenue forecast on data center demand
July 24 (Reuters) - Digital Realty Trust DLR.N raised its annual revenue and core funds from operations forecast on Thursday, as it expects an increase in demand for data center services due to businesses accelerating digital transformation efforts. Austin, Texas-based Digital Realty has benefi...
Reuters
Thu, Jul 24
Glacier Bancorp Q2 net income rises y/y
OverviewGlacier Bancorp Q2 diluted EPS falls 6% qtr/qtr, rises 15% yr/yrNet income for Q2 declines 3% qtr/qtr, increases 18% yr/yrNet interest income grows 9% qtr/qtr, driven by higher loan yieldsCo completes acquisition of Bank of Idaho, plans to acquire Guaranty BancsharesOutlookCompany expects Gu...
Reuters
Thu, Jul 24
HarborOne Bancorp Q2 net income up 46.5%
OverviewHarborOne Q2 net income rises 46.5% qtr/qtr, driven by higher noninterest incomeNet interest margin improves to 2.52%, up 13 basis points qtr/qtrOn April 24, 2025, co announced merger with Eastern BanksharesSuspends share repurchase program, pending completion of the merger with EasternResul...
Reuters
Thu, Jul 24
Brazil to present Lula with credit-based response to US tariff hike, finance minister says
BRASILIA, July 24 (Reuters) - Brazilian Finance Minister Fernando Haddad said on Thursday a contingency plan in response to higher U.S. tariffs will be presented to President Luiz Inacio Lula da Silva from Monday and will include a menu of measures, including credit lines. In an interview w...
Reuters
Thu, Jul 24
First Western Q2 net income rises
OverviewFirst Western Q2 net income rises to $2.5 mln from $1.1 mln prior yearNet interest margin rises to 2.67% from 2.35% in Q2 of last yearOutlookCompany expects solid balance sheet growth over second half of yearFirst Western anticipates continued net interest margin expansionCompany aims to mai...
Reuters
Thu, Jul 24
Oregon Pacific Bancorp Q2 net income rises to $2 mln
OverviewOregon Pacific Bancorp Q2 net income rises sequentially to $2.0 mln from $1.7 mlnCompany's net interest margin expands to 3.85%, driven by higher loan yieldsLoan growth of $8.9 mln and deposit growth of $4.4 mln in Q2OutlookCompany remains mindful of current economic environment, believe...
Reuters
Thu, Jul 24
In China, repair demand for banned Nvidia AI chipsets booms
Nvidia not permitted to sell its most advanced chips to ChinaSome Nvidia AI GPUs in China have been heavily used, leading to higher failure ratesUS lawmakers have introduced bills designed to limit smuggling of Nvidia chipsBy Che Pan and Casey Hall BEIJING/SHANGHAI, July 25 (Reuters) - Demand in...
Reuters
Thu, Jul 24
Singapore's sovereign wealth fund GIC posts slowest investment return in 5 years
GIC sees opportunities in infrastructure, including in USGIC's Americas exposure rise, Asia Pacific declinesChina's macro environment still faces challenges, GIC saysBy Yantoultra Ngui and Xinghui Kok SINGAPORE, July 25 (Reuters) - Singapore's sovereign wealth fund GIC reported on Fri...
Reuters
Thu, Jul 24
Rugby-All-conquering England women embracing their 'aura'
By Mitch PhillipsLONDON, July 24 (Reuters) - England women's coach John Mitchell says his team will be driven by their own, internal standards rather than outside expectations as they enter their home Rugby World Cup on a remarkable run of form that has made them odds-on favourites.Since 2019 En...
Reuters
Thu, Jul 24
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