News
Important Only
Omnicom Q2 revenue, adjusted EPS beats estimates
OverviewOmnicom Q2 revenue rises 4.2% to $4.0 bln, beating expectations, per LSEG dataAdjusted EPS for Q2 beats estimates at $2.05, per LSEG dataOperating profit missed expectations, affected by acquisition and repositioning costsOutlookOmnicom sees significant growth opportunities from Interpublic ...Reuters
Tue, Jul 15
Hancock Whitney Q2 EPS falls on sequential basis
OverviewThe financial holding company that operates Hancock Whitney Bank reports Q2 EPS of $1.32, down from $1.38 in Q1 2025Adjusted PPNR rose by $5.5 mln, compared to Q1 2025Co completed Sabal Trust acquisition, boosting trust feesOutlookCompany expects low-single digit loan growth in 2025 from Dec...Reuters
Tue, Jul 15
Trump says US will be fighting China 'in a very friendly fashion'
PITTSBURGH, Pennsylvania, July 15 (Reuters) - U.S. President Donald Trump on Tuesday lauded a new trade deal signed with Indonesia and said the United States would be fighting China "in a very friendly fashion."Trump told an energy summit at Carnegie Mellon University that other trade deals ...Reuters
Tue, Jul 15
ANALYSIS-Ferrero poised to revive WK Kellogg sales for health-conscious Americans
Italian confectionery giant taking WK Kellogg privateFerrero boasts track record of innovation, brand revitalizationKennedy's Make America Healthy Again campaign could boost costsWK Kellogg cereal lineup includes some nutrient-rich brandsBy Savyata Mishra July 15 (Reuters) - Nutella spread m...Reuters
Tue, Jul 15
Deals of the day-Mergers and acquisitions
July 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: ** King Risk Partners has acquired Cummings Insurance Agency, a South Carolina-based brokerage, as the fast-growing U.S. retail broker expands across the southeastern U.S. nL6N3TC0KF...Reuters
Tue, Jul 15
Choice Properties Real Estate Investment Trust expected to post a share - Earnings Preview
Choice Properties Real Estate Investment Trust CHP_u.TO is expected to show a rise in quarterly revenue when it reports results on July 17 for the period ending June 30 2025The Toronto Ontario-based company is expected to report a 5.2% increase in revenue to C$376.977 million from C$358.25 milli...Reuters
Tue, Jul 15
US demands probe of Palestinian American's killing by Israeli settlers
By Jasper Ward WASHINGTON, July 15 (Reuters) - U.S. Ambassador to Israel Mike Huckabee said on Tuesday he had asked Israel to "aggressively investigate" the killing of a Palestinian American who was beaten to death by Israeli settlers in the occupied West Bank, describing it as a "cri...Reuters
Tue, Jul 15
Golf-Schauffele starting with blank canvas for Open defence
By Martyn HermanPORTRUSH, Northern Ireland, July 15 (Reuters) - Xander Schauffele is super-excited at the prospect of trying to defend his British Open title at Royal Portrush this week but says he will have to come up with a different plan to the one that took him to victory 12 months ago."I th...Reuters
Tue, Jul 15
Hims & Hers hit with investor lawsuits after Novo ends Wegovy partnership
By Mike Scarcella July 15 (Reuters) - Telehealth company Hims & Hers HIMS.N is facing a growing number of U.S. investor lawsuits after Novo Nordisk's NOVOb.CO decision last month to end a short-lived partnership to sell its Wegovy weight-loss drug through the platform sent shares plunging...Reuters
Tue, Jul 15
Spacex Planning Insider Share Sale That Would Value Company At About $400 Billion, At A Per-Share Price Of $212- Bloomberg News
July 15 (Reuters) - SPACEX PLANNING INSIDER SHARE SALE THAT WOULD VALUE COMPANY AT ABOUT $400 BILLION, AT A PER-SHARE PRICE OF $212- BLOOMBERG NEWSSource text: https://tinyurl.com/56p4rh52Further company coverage: [ ]Reuters
Tue, Jul 15
US auto safety nominee says agency cannot wait for self-driving vehicle issues
WASHINGTON, July 15 (Reuters) - President Donald Trump's nominee to serve as the nation's top auto safety regulator will tell U.S. senators Wednesday that the agency must take an active role in overseeing self-driving vehicles and other new technologies.Jonathan Morrison, who served as chief...Reuters
Tue, Jul 15
US Education Department opens foreign funding probe into University of Michigan
July 15 (Reuters) - The U.S. Department of Education opened a foreign funding investigation into the University of Michigan on Tuesday, saying it found "inaccurate and incomplete disclosures" in a review of the university's foreign reports.As part of the investigation, the department has...Reuters
Tue, Jul 15
WRAPUP 2-US banking giants reap gains from dealmaking rebound, trading bump
JPMorgan, Citigroup, Wells Fargo increase investment banking revenuesBanks cautious about economic environment and tariffsOptimism grows for resumption of deals after earlier slowdownBy Nupur Anand, Tatiana Bautzer and Saeed Azhar NEW YORK, July 15 (Reuters) - Large U.S. banks expressed optim...Reuters
Tue, Jul 15
FLOIR: Florida property insurance lawsuits down nearly 25% in H1
July 15 - (The Insurer) - The Florida Office of Insurance Regulation has expressed increased confidence in the state’s property insurance market, citing positive impacts from reforms enacted between 2019 and 2023, according to a new report from the regulator. The latest Property Insurance Stability ...Reuters
Tue, Jul 15
XPT Specialty adds RPS’s Lemonte as a broker and underwriter
By Mia MacGregorJuly 15 - (The Insurer) - Wholesale broker XPT Specialty has appointed Patrick Lemonte from Risk Placement Services as a broker and underwriter. Based in the Denver area, Lemonte joins after nine years at RPS, most recently serving as a senior undewriter and broker. He brings over tw...Reuters
Tue, Jul 15
Vivere hires Munich Re's Dougherty as specialty property CUO
By Isha MaratheJuly 15 - (The Insurer) - Vivere, a managing general agent launched by former Socius and Swiss Re executive Chris McKechnie, has hired Rachael Dougherty as chief underwriting officer of specialty property.Dougherty has more than 14 years of experience in the industry.Most recently, s...Reuters
Tue, Jul 15
