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KKR's second-quarter profit rises on growth in fee income
NEW YORK, July 31 (Reuters) - Investment giant KKR KKR.N reported a 9% rise in adjusted net income for the second quarter on Thursday, bolstered by an increase in fee-related earnings.The New York-based firm said its adjusted net income hit $1.1 billion, or $1.18 per adjusted share. This came in ahe...Reuters
Thu, Jul 31
Other
Logistics firm XPO beats Q2 revenue estimates
OverviewXPO Q2 2025 revenue stable at $2.08 bln, beating analyst expectationsAdjusted EPS for Q2 beats consensus, reflecting strong operational performanceCo's North American LTL segment shows yield growth and cost reductionsResult DriversYIELD GROWTH - North American LTL segment achieved a 6.1%...Reuters
Thu, Jul 31
Other
Ferrari's core profit up 6% in Q2 as luxury carmaker sees reduced tariff impact
MILAN, July 31 (Reuters) - Luxury sports-car maker Ferrari RACE.MI said on Thursday its core earnings rose 6% in the second quarter, supported by strong pricing power and richer product offerings, while seeing a reduced impacts from new U.S. tariffs on EU-made products.The Italian company said its e...Reuters
Thu, Jul 31
Other
Gildan Activewear's Q2 sales beats, adjusted EPS rises
OverviewGildan Q2 2025 net sales rise 6.5%, beating analyst expectations, per LSEG dataAdjusted EPS for Q2 2025 beats consensus, reflecting strong operational performanceCompany reaffirms full-year 2025 guidance, narrows adjusted EPS rangeOutlookGildan reaffirms full-year 2025 guidance, narrows adj ...Reuters
Thu, Jul 31
Other
Greenvolt To Increase Share Capital In 150 Mln Euros
July 31 (Reuters) - Greenvolt, owned by KKR & Co KKR.N:TO PROCEED WITH 150 MILLION EUROS SHARE CAPITAL INCREASE FULLY SUBSCRIBED BY SHAREHOLDER KKRFIRST TRANCH OF 100 MILLION EUROS TO TAKE PLACE IN EARLY AUGUST, SECOND OF 50 MILLION EUROS TO BE COMPLETED BY SEPTEMBER 30TRANSACTION WILL FURTHER S...Reuters
Thu, Jul 31
Economic Indicator
Air Products adjusts earnings outlook amid weak helium demand, LNG sale impact
July 31 (Reuters) - Air Products APD.N forecast lower-than-expected fourth-quarter profit on Thursday and narrowed its full-year earnings expectation as weak helium demand, project exits and the impact of a prior LNG business sale continued to weigh on volumes.U.S. manufacturing remained sluggish in...Reuters
Thu, Jul 31
Other
Klarna Is Preparing To Formally Revive Its Planned $15 Billion New York Stock Market Flotation - Sky News Reporter On X
July 31 (Reuters) - KLARNA IS PREPARING TO FORMALLY REVIVE ITS PLANNED $15BN NEW YORK STOCK MARKET FLOTATION IN THE AUTUMN - SKY NEWS REPORTER ON XSource text: [https://tinyurl.com/2fdh72b8]Reuters
Thu, Jul 31
Other
Lilly's Mounjaro Showed Cardiovascular Protection In Head-To-Head Trial
July 31 (Reuters) - Eli Lilly and Co LLY.N:ELI LILLY: MOUNJARO SHOWED CARDIOVASCULAR PROTECTION IN HEAD-TO-HEAD TRIAL, REINFORCING BENEFIT IN PATIENTS WITH TYPE 2 DIABETES, HEART DISEASEELI LILLY: MOUNJARO MET PRIMARY OBJECTIVE OF NON-INFERIORITY VERSUS. TRULICITY WITH 8% LOWER RATE OF MACE-3 EVENTS...Reuters
Thu, Jul 31
Commodities
Pakistan says it wins US tariff deal; Trump cites oil reserves pact
Pakistan says deal to lower tariffs on its exports to USWashington makes no mention of tariff Trump says US, Pakistan to develop Islamabad's oil reservesBy Ariba Shahid, Asif Shahzad and Kanishka SinghISLAMABAD/WASHINGTON, July 31 (Reuters) - The United States and Pakistan hailed a trade deal on...Reuters
Thu, Jul 31
Other
Luxury parka maker Canada Goose posts bigger quarterly loss than expected
July 31 (Reuters) - Canada Goose GOOS.TO, GOOS.N posted a bigger-than-expected loss on Thursday, as increasing expenses related to investments in designing, merchandising and marketing of its luxury products such as puffer jackets and hoodies, dented margins.On adjusted basis, the company posted a l...Reuters
Thu, Jul 31
Other
CVS Health Reports Q2 Adjusted EPS of $1.81
July 31 (Reuters) - CVS Health Corp CVS.N:CVS HEALTH Q2 TOTAL REVENUE $98.92 BILLION VERSUS IBES ESTIMATE $94.50 BILLIONCVS HEALTH Q2 ADJUSTED EPS $1.81 VERSUS IBES ESTIMATE $1.46CVS HEALTH Q2 MEDICAL BENEFIT RATIO INCREASED TO 89.9% VERSUS IBES ESTIMATE 91.16%CVS HEALTH OUTLOOK FY ADJUSTED EPS $6.3...Reuters
Thu, Jul 31
Other
Agios Pharmaceuticals Q2 revenue beats estimates
OverviewAgios Q2 2025 product revenue rises to $12.5 mln, beating analyst expectationsCo ends Q2 with $1.3 bln in cash, down from $1.5 bln at year-end 2024Agios prepares for potential U.S. approval of PYRUKYND for thalassemia in Sept 2025OutlookAgios expects PYRUKYND approval for thalassemia by Sept...Reuters
Thu, Jul 31
Other
Toy maker Spin Master misses Q2 revenue estimates
OverviewSpin Master Q2 2025 revenue declines 2.7%, missing analyst expectationsCompany reports $52.4 mln operating loss, impacted by Digital Games impairmentsRepurchased 636,632 shares for $10.5 mln in Q2 2025OutlookSpin Master focuses on consumer needs amid macroeconomic headwindsCompany accelerate...Reuters
Thu, Jul 31
Other
Brazil sees 35.9% of exports to US facing steeper tariff, sources say
By Marcela Ayres BRASILIA, July 31 (Reuters) - Brazil estimates that 35.9% of its exports to the United States, by value, will be hit by a steep 50% tariff under an executive order issued on Wednesday by the Trump administration, two sources familiar with the matter told Reuters.According to the ...Reuters
Thu, Jul 31
Stocks
Texas Instruments and ASML Are Falling. Could Other AI Growth Stocks Be Next?
Key PointsTexas Instruments is a highly diversified company in a cyclical slowdown. ASML is pushing the limits of what is possible in semiconductor manufacturing.Shares of both tech companies are looking like good values right now.10 stocks we like better than Texas Instruments › The S&P 500 and Nas...The Motley Fool
Thu, Jul 31
Other
Mounjaro proves more heart protective than Trulicity in trial of Eli Lilly diabetes drugs
Mounjaro reduces major heart problems by 8% versus Trulicity in trialDeath from any cause was 16% lower for patients on Mounjaro versus TrulicitySafety profile similar for both drugsBy Patrick Wingrove July 31 (Reuters) - Eli Lilly LLY.N said on Thursday that its newer diabetes drug Mounjaro outp...Reuters
Thu, Jul 31
Other
Burger King India operator's quarterly loss narrows
July 31 (Reuters) - Indian Burger King operator Restaurant Brands Asia RESR.NS reported a narrower first-quarter loss on Thursday.The company reported a net loss of 419.4 million rupees ($4.79 million) for the three months ended June 30, compared to a 493.6 million rupee loss a year earlier.($1 = 87...Reuters
Thu, Jul 31
Other
ITT Q2 adjusted EPS beats expectations, raises guidance
OverviewITT Q2 2025 revenue rises 7% yr/yr, driven by pump projects and aerospace demandAdjusted EPS of $1.64 beats analyst expectations, per LSEG dataCo raises full-year revenue and EPS guidance, citing strong performanceOutlookITT raises 2025 revenue growth guidance to 5%-7%Company expects 2025 EP...Reuters
Thu, Jul 31
Other
Insurance broker WTW beats second-quarter profit estimates on robust product demand
July 31 (Reuters) - Willis Towers Watson WTW.O beat Wall Street estimates for second-quarter profit on Thursday, driven by a strong performance in its risk and brokerage business.Despite rising premium costs, businesses increased spending on insurance products as they prioritized financial protectio...Reuters
Thu, Jul 31
