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Lockheed Martin falls on $1.6 billion Q2 charge
** Shares of Lockheed Martin LMT.N fall nearly 9% to ~$420 in premarket trading** Defense giant recorded charge of $1.6 billion in Q2** Says spent mostly on classified program in aeronautics segment** 11 of 24 brokerages rate the stock "buy" or higher, 12 "hold" and one "sell"...Reuters
Tue, Jul 22
Stocks
Avery Dennison Corp reports results for the quarter ended June 30 - Earnings Summary
Avery Dennison Corp AVY.N reported quarterly adjusted earnings of $2.28 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.42. The mean expectation of eleven analysts for the quarter was for earnings of $2.39 per share. Wall Street ...Reuters
Tue, Jul 22
Stocks
City Holding Co reports results for the quarter ended June 30 - Earnings Summary
City Holding Co CHCO.OQ reported quarterly adjusted earnings of $2.29 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.96. The mean expectation of five analysts for the quarter was for earnings of $1.96 per share. Wall Street exp...Reuters
Tue, Jul 22
Cryptocurrencies
Advocates step in to clarify dump rumors as XRP escrow unlocks tokens again
Legal consultant Bill Morgan is again lambasting chatter about Ripple’s XRP escrow dump theory after critics reacted to his X post that showed XRP escrow holdings had reduced by 20 billion tokens since 2017. Ripple’s escrow account was established in 2017 with 55 billion XRP tokens locked in. As of now, per Morgan’s Monday X […]Cryptopolitan
Tue, Jul 22
Stocks
As Bitcoin and Ethereum Soar, Should Investors Hop Onto the Crypto Train or Wait for Prices to Drop?
Key PointsIt's reasonable to be hesitant about buying during a powerful rally.That doesn't mean you should always avoid doing it.Waiting for lower prices is a choice that does not always pay off.10 stocks we like better than Bitcoin › The cryptocurrency markets are having an absolutely sizzling summ...The Motley Fool
Tue, Jul 22
Stocks
Opendoor Soars Over 121% Intraday, Emerges as the Latest Meme Stock, Trading Volume Surpasses Meta
TradingKey - On Monday, July 21st, shares of real estate tech company Opendoor skyrocketed as much as 121% intraday, before closing up 42%. Trading was halted at one point due to extreme volatility. This marks the sixth consecutive day of gains for Opendoor, with a cumulative increase of 312% over t
TradingKey
Tue, Jul 22
Commodities
Turkey sees any attempts to divide Syria as threat and would intervene, minister says
ANKARA, July 22 (Reuters) - Turkey sees any attempts to divide Syria as a national security threat and would directly intervene if there was such an attempt, Foreign Minister Hakan Fidan said on Tuesday.Reuters
Tue, Jul 22
Other
MainStreet Bancshares Q2 net income rises on NIM expansion
OverviewMainStreet Bancshares Q2 net income rises to $4.6 mln, driven by net interest margin expansionEarnings per share for Q2 grew to $0.53Net interest income increased $2.8 mln to $19.3 mlnOutlookCompany maintains active share repurchase plan with $3.1 mln capacityCompany focuses on strategic dep...Reuters
Tue, Jul 22
Forex
Bank of England's Bailey defends bank rules after Reeves attack
Bailey defends separation of banks' investment banking armsComments come a week after finance minister's criticismBoE sees risks in mandating pension fund investmentRise in borrowing costs not just in UK, Bailey says By David Milliken and William Schomberg LONDON, July 22 (Reuters) - Bank...Reuters
Tue, Jul 22
Stocks
RTX shares fall after co trims profit forecast
** RTX RTX.N shares fall nearly 4% to about $146 premarket ** Lowers 2025 adjusted profit per share forecast to the range of $5.80 to $5.95, from $6.00 to $6.15 earlier** Says updated outlook incorporates current assessment of impact of tariffs** Reports Q2 adjusted profit of $1.56 per share, beatin...Reuters
Tue, Jul 22
Stocks
Where Will Robinhood Stock Be in 5 Years?
Key PointsRobinhood offers innovative financial services that appeal to a certain crowd, and it's growing quickly.It offers exposure to cryptocurrency, which the market loves, but it's also risky.Robinhood stock has an expensive valuation.10 stocks we like better than Robinhood Markets › Investment ...The Motley Fool
Tue, Jul 22
Stocks
U.S. STOCKS ON THE MOVE-D.R. Horton, Medpace, IQVIA
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8S&P 500 and Nasdaq futures slipped into the red on Tuesday as investors geared up for a whirlwind day of company results and awaited potential breakthroughs in negotiations between the U...Reuters
Tue, Jul 22
Stocks
Simmons First National falls after $300 million stock offering
** Regional lender Simmons First National's SFNC.O shares down 5.4% at $19 premarket** SFNC sold 16.2 million shares at $18.50 apiece for gross proceeds of $300 million** Bank had initially planned on raising $250 million in the follow-on stock offering** Stock offering priced at 7.9% discount t...Reuters
Tue, Jul 22
Stocks
Numbers Don't Lie: Verizon's Monster 6%-Yielding Dividend Is Extremely Safe and Secure
Key PointsVerizon reported strong second-quarter results. The company is producing meaningful excess free cash flow after paying dividends. It expects to produce even more excess free cash flow in the second half of this year and beyond. 10 stocks we like better than Verizon Communications › A high ...The Motley Fool
Tue, Jul 22
Other
Morning News Call - U.S., July 22
To access a PDF version of this newsletter, please click here You can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-page For Morning Ne...Reuters
Tue, Jul 22
Stocks
NXP Semiconductors falls after posting decline in quarterly revenue (July 21)
** Shares of NXP Semiconductors NXPI.O fall 5.2% to $216 after the bell** NXPI reports 6.4% fall in Q2 revenue to $2.93 billion, compared to $3.13 billion a year ago** Reports Q2 adj. EPS of $2.72, vs $3.20 in Q2 2024** Expects Q3 revenue between $3.05 billion and $3.25 billion, with the midpoint co...Reuters
Tue, Jul 22
Other
GM Reports $1.1 Bln Tariff Net Impact In Q2, Expects Q3 Net Impact To Be Higher Than Q2
July 22 (Reuters) - General Motors Co GM.N:GM Q2 ADJUSTED EPS $2.53 VERSUS IBES ESTIMATE $2.44GM Q2 REVENUE $47.12 BILLION VERSUS IBES ESTIMATE $46.28 BILLIONGM: $1.1 BILLION TARIFF NET IMPACT IN Q2; EXPECT Q3 NET IMPACT TO BE HIGHER THAN Q2GM OUTLOOK CY26-27 CAPITAL SPEND EXPECTED IN $10 BILLION – ...Reuters
Tue, Jul 22
Other
Emerge Announces Expiry Of 12.3M Warrants Reducing Dilution, Nets $280K From Out-Of-The-Money Warrant And CEO Exercises
July 22 (Reuters) - Emerge Commerce Ltd ECOM.V:EMERGE ANNOUNCES EXPIRY OF 12.3M WARRANTS REDUCING DILUTION, NETS $280K FROM OUT-OF-THE-MONEY WARRANT AND CEO EXERCISESReuters
Tue, Jul 22
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