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Publisher McGraw Hill raises $415 million in US IPO
July 23 (Reuters) - U.S. publisher McGraw Hill MH.N, backed by investment firm Platinum Equity, said on Wednesday it had raised $414.63 million in its initial public offering in the United States.The company sold 24,390,000 shares, priced at $17 each, below its marketed range of $19 to $22. The offe...Reuters
Thu, Jul 24
Other
US appeals court blocks Trump's order curtailing birthright citizenship
July 23 (Reuters) - A federal appeals court ruled on Wednesday that U.S. President Donald Trump's executive order curtailing automatic birthright citizenship is unconstitutional and blocked its enforcement nationwide.The 2-1 decision by the San Francisco-based 9th U.S. Circuit Court of Appeals m...Reuters
Thu, Jul 24
Stocks
Meritage Homes Posts Q2 Revenue Beat
Key Points- GAAP EPS of $2.04 and revenue of $1.62 billion for Q2 2025 both exceeded analyst estimates, but fell sharply from the prior year.- Margins compressed significantly, with gross margin dipping to 21.1% in Q2 2025, driven by heavy use of incentives and higher costs.- Ending backlog value an...The Motley Fool
Thu, Jul 24
Other
Southwest Airlines earnings hit by weak US travel demand
Southwest's Q2 passenger revenue and volumes decline year-on-yearSouthwest's unit revenue declines 3% year-on-year in Q2Southwest's Q3 unit revenue forecast ranges from -2% to +2% y/yNon-fuel operating costs to rise up to 5.5% y/y in Q3Southwest's profit target for 2025 significantly...Reuters
Thu, Jul 24
Stocks
Japan's Topix hits record high in trade deal afterglow
TOKYO, July 24 (Reuters) - Japan's Topix index rose to a record high and the Nikkei share average marked a one-year peak on Thursday, as stocks climbed for a second day after Tokyo struck a long-awaited trade deal with Washington.The Topix .TOPX advanced as much as 1.4% to reach 2,968.48 for the...Reuters
Thu, Jul 24
Other
Banco do Brasil, Bradesco say they have not received formal proposal for Alelo
SAO PAULO, July 23 (Reuters) - Brazilian lenders Banco do Brasil BBAS3.SA and Bradesco BBDC4.SA said on Wednesday evening that they had not received any formal proposal regarding a deal involving Alelo, the meal voucher provider they own together. In two separate securities filings, both lenders als...Reuters
Thu, Jul 24
Stocks
Accelerant Holdings Says IPO Priced At $21.00 Per Common Share
July 23 (Reuters) - Accelerant Holdings ARX.N:ACCELERANT HOLDINGS ANNOUNCES PRICING OF UPSIZED INITIAL PUBLIC OFFERINGACCELERANT HOLDINGS - IPO PRICED AT $21.00 PER COMMON SHAREACCELERANT HOLDINGS - PRICES UPSIZED IPO OF 34,461,152 CLASS A SHARESReuters
Thu, Jul 24
Stocks
Tesla likely faces 'a few rough quarters' from end of US EV support, Musk says
July 23 (Reuters) - Tesla TSLA.O Chief Executive Elon Musk said on Wednesday that U.S. government cuts in support for electric vehicle makers could lead to a "few rough quarters" for the company before a wave of revenue from self-driving software and services begins late next year.Reuters
Thu, Jul 24
Stocks
Molina Healthcare Revenue Jumps in Q2
Key Points- GAAP revenue rose to $11.43 billion in Q2 2025, exceeding expectations by 4.3%, driven by premium growth and acquisitions.- Adjusted earnings per share for Q2 2025 missed estimates at $5.48, with margin pressure from higher medical costs.- Full-year 2025 earnings guidance was cut, reflec...The Motley Fool
Thu, Jul 24
Stocks
Banc of California Inc reports results for the quarter ended June 30 - Earnings Summary
Banc of California Inc BANC.N reported quarterly adjusted earnings of 12 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of eleven analysts for the quarter was for earnings of 26 cents per share...Reuters
Thu, Jul 24
Cryptocurrencies
Ether Machine Boss Snubs Bitcoin, Backs Ethereum As Superior Bet
According to Andrew Keys, co‑founder and chairman of the Ether Machine, Bitcoin feels like yesterday’s tool. He told CNBC’s Squawk show on July 21 that he’d “rather have an iPhone than a landline.” Related Reading: Ethereum Off The Hook: SEC Chair Rules ETH A Commodity, Not A Security Keys went on t...Bitcoinist
Thu, Jul 24
Other
DIARY-Top Economic Events to September 29
July 24 (Reuters) - For other diaries, please see: Top Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYPolitical and General News POL/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY-------...Reuters
Thu, Jul 24
Other
DIARY-Emerging Markets Economic Events to September 30
July 24 (Reuters) - For other diaries, please see:Top Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYPolitical and General News POL/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY---------...Reuters
Thu, Jul 24
Forex
Brazil's Lula proposes start to negotiating expanded trade agreement with Mexico
BRASILIA, July 23 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Wendesday proposed kicking off talks to expand his nation's trade deal with Mexico in a phone call with his counterpart Claudia Sheinbaum, Brazil said. Authorities from both countries had already said last year they s...Reuters
Wed, Jul 23
Stocks
Mcgraw Hill Prices IPO At $17 Per Share
July 23 (Reuters) - McGraw Hill Inc MH.N:MCGRAW HILL ANNOUNCES PRICING OF ITS INITIAL PUBLIC OFFERINGMCGRAW HILL INC - PRICES IPO AT $17 PER SHAREMCGRAW HILL INC - TO RECEIVE $385.7 MILLION FROM IPOMCGRAW HILL INC: PRICING OF ITS INITIAL PUBLIC OFFERING OF 24,390,000 SHARES OF ITS COMMON STOCKReuters
Wed, Jul 23
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