News
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Hope Bancorp reports Q2 net loss of $27.9 mln
OverviewHope Bancorp reports Q2 net loss of $27.9 mln due to securities repositioningExcluding notable items, Q2 net income rises 7% quarter-over-quarterNet interest income grows 17%, aided by Territorial Bancorp acquisitionOutlookCompany expects $12 mln annual interest income from securities reposi...Reuters
Tue, Jul 22
Meridian Corp expected to post earnings of 42 cents a share - Earnings Preview
Meridian Corp MRBK.OQ MRBK.O is expected to show a rise in quarterly revenue when it reports results on July 24 (estimated) for the period ending June 30 2025The Malvern Pennsylvania-based company is expected to report a 15.8% increase in revenue to $30.204 million from $26.09 million a year ago,...Reuters
Tue, Jul 22
First BanCorp posts higher Q2 net income
OverviewFirst BanCorp Q2 net income rises to $80.2 mln, showing growth over year-ago qtrsRecord net interest income of $215.9 mln driven by strong loan productionCo repurchased $28 mln in shares, maintaining high dividend payout ratioResult DriversNET INTEREST INCOME - Record net interest income dri...Reuters
Tue, Jul 22
Google Seeking To Recruit News Organizations For New Licensing Project Related To Artificial Intelligence- Bloomberg News
July 22 (Reuters) - GOOGLE IS SEEKING TO RECRUIT NEWS ORGANIZATIONS FOR A NEW LICENSING PROJECT RELATED TO ARTIFICIAL INTELLIGENCE- BLOOMBERG NEWSSource text: https://tinyurl.com/2mppruhjReuters
Tue, Jul 22
Winpak Ltd expected to post earnings of 63 cents a share - Earnings Preview
Winpak Ltd WPK.TO is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2025The Winnipeg Manitoba-based company is expected to report a 3.9% increase in revenue to $294.433 million from $283.5 million a year ago, according to the mean es...Reuters
Tue, Jul 22
Pentair's Q2 EPS beats expectations
OverviewAdjusted EPS for Q2 beats consensus, reflecting a 14% increase yr/yrPentair Q2 sales rise 2% yr/yr, beating analyst expectations, per LSEG dataCo repurchased $75 mln of ordinary shares in Q2OutlookPentair updates 2025 GAAP EPS to $3.95-$4.05, up 6%-8%Pentair raises 2025 adjusted EPS to $4.75...Reuters
Tue, Jul 22
PREVIEW-Tesla's easy money from regulatory credits set to dry up amid weakening sales
Tesla's credit revenue faces decline due to policy changesAnalysts predict Tesla's credit revenue to drop significantly by 2027Tesla's financials at risk as credit demand and prices fallBy Abhirup Roy and Akash Sriram SAN FRANCISCO, July 22 (Reuters) - A key driver of Tesla's TSLA...Reuters
Tue, Jul 22
RTX Corp Reports Q2 Adjusted EPS of $1.56
July 22 (Reuters) - Rtx Corp RTX.N:RTX CORP Q2 ADJUSTED EPS $1.56 VERSUS IBES ESTIMATE $1.44RTX CORP Q2 ADJUSTED SALES $21.58 BILLION VERSUS IBES ESTIMATE $20.63 BILLIONRTX CORP OUTLOOK FY ADJUSTED SALES $84.75 BILLION - $85.5 BILLION VERSUS IBES ESTIMATE $84.28 BILLIONRTX CORP OUTLOOK FY ADJUSTED E...Reuters
Tue, Jul 22
Tenet Healthcare's Q2 revenue beats, adjusted EPS up 74%
OverviewTenet Healthcare Q2 2025 revenue rises 3.2%, beating analyst expectations, per LSEG dataAdjusted EPS for Q2 2025 up 74%, surpassing consensus, per LSEG dataCo authorizes $1.5 bln increase to share repurchase programOutlookTenet raises FY 2025 adjusted EBITDA outlook to $4.40 bln-$4.54 blnCom...Reuters
Tue, Jul 22
Indian broadcaster Zee's quarterly revenue falls on advertising woes
July 22 (Reuters) - India's Zee Entertainment Enterprises ZEE.NS reported a 14% drop in first-quarter revenue on Tuesday, as the broadcaster was hurt by weak spending by companies on advertisements.Zee, which runs channels like ZeeTV and ZeeCinema, reported consolidated total income of 18.5 bill...Reuters
Tue, Jul 22
Euro zone bond prices cling to previous day's gains
LONDON, July 22 (Reuters) - Euro zone bond prices were on Tuesday holding onto gains from the day before, when a rally, exacerbated by thin liquidity, sent German 10-year yields down by their most in four months. Germany's 10-year yield, the euro zone benchmark, was last flat at 2.61% after drop...Reuters
Tue, Jul 22
CNX Resources Corp expected to post earnings of 44 cents a share - Earnings Preview
CNX Resources Corp CNX.N, CNX is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2025The Canonsburg Pennsylvania-based company is expected to report a 45.2% increase in revenue to $466.749 million from $321.44 million a year ago, accor...Reuters
Tue, Jul 22
Northrop Grumman raises 2025 profit forecast on strong demand for weapons
By Utkarsh Shetti and Mike Stone July 22 (Reuters) - Northrop Grumman NOC.N raised its annual profit forecast on Tuesday, betting on sustained demand for its military aircraft and defense systems as geopolitical tensions simmer.A protracted Russia-Ukraine war and conflict in the Middle East have ...Reuters
Tue, Jul 22
Canada's Goodfood Q3 sales drop, but gross margin holds
OverviewGoodfood Q3 revenue drops 20% to C$31 mlnCo, gross margin inch up to 44.3% from 44%, despite lower net salesHeat & Eat meals and Genuine Tea acquisition drive growthOutlookGoodfoodready for scaling phase for Heat & Eat meals in early fiscal 2026Company aims to maintain positive cash ...Reuters
Tue, Jul 22
Residential lot developer Forestar cuts annual delivery guidance on weak market conditions
OverviewForestar fiscal Q3 revenue rises 23% yr/yr to $390.5 mln, missing estimatesNet income for fiscal Q3 falls 15% yr/yr to $32.9 mlnCo lowers fiscal 2025 lot delivery guidance due to weak market conditionsOutlookForestar updates fiscal 2025 lot delivery guidance to 14,500-15,000 from prior guida...Reuters
Tue, Jul 22
Iran warns citizens of growing recruitment attempts by enemies, state media say
DUBAI, July 22 (Reuters) - The intelligence service of Iran's Revolutionary Guards has warned Iranian citizens of an increase in recruitment attempts by enemy intelligence agencies, state media reported on Tuesday. Entangled in a decades-long shadow war with Israel, which was able to assassinate...Reuters
Tue, Jul 22
