ADVFN US – Market Content Editor
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Easterly Government Properties Tops Second-Quarter Forecasts and Lifts Full-Year Outlook
Easterly Government Properties Inc. (NYSE:DEA) reported second-quarter 2026 results on Monday that came in ahead of analyst expectations and prompted the company to raise its guidance for the full year. The real estate investment trust’s shares were little changed in after-hours trading following the earnings release. Revenue and Core FFO Show Solid Growth Easterly reported…
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Loews Reports Higher Second-Quarter Profit as Revenue Continues to Grow
Loews Corporation (NYSE:L) posted higher second-quarter earnings on Monday, supported by improved contributions from its insurance, pipeline and hospitality businesses, although the stock showed little reaction in pre-market trading. Shares of the diversified holding company were up 0.62% before the opening bell following the earnings announcement. Net Income and Revenue Increase Year Over Year Loews…
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CNA Financial Tops Second-Quarter Earnings and Revenue Forecasts
CNA Financial Corporation (NYSE:CNA) reported second-quarter results on Monday that exceeded Wall Street expectations for both earnings and revenue, although the insurer’s shares were little changed in pre-market trading. Adjusted earnings came in at $1.19 per share, surpassing the consensus forecast of $1.01 by 18%. Revenue Significantly Exceeds Expectations Quarterly revenue totaled $4.73 billion, comfortably…
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T1 Energy Secures 641MW Solar Module Supply Agreement with Clearway Energy
T1 Energy Inc. (NYSE:TE) has entered into a supply agreement with Clearway Energy Group (NYSE:CWEN) under which it will provide 641 megawatts of solar modules manufactured using domestically produced solar cells from its G2_Austin fabrication facility. The agreement supports T1 Energy’s strategy of expanding U.S.-based solar manufacturing while helping meet growing demand for domestically sourced…
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Atkore Jumps After Earnings Beat and Prysmian Agrees $95-a-Share Acquisition
Atkore Inc. (NYSE:ATKR) posted stronger-than-expected fiscal third-quarter 2026 results while simultaneously announcing that it has entered into a definitive agreement to be acquired by Prysmian S.p.A. (BIT:PRY) in an all-cash transaction valued at $95.00 per share. The combination of the earnings beat and the takeover announcement sent Atkore shares up 26.64% in pre-market trading. Quarterly…
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Bernstein Identifies Four Key Drivers Behind SpaceX’s Long-Term Valuation
Ahead of Space Exploration Technologies Corp’s (NASDAQ:SPCX) first quarterly earnings release on August 4, analysts at Bernstein said investors should focus less on the financial results themselves and more on management’s confidence in the company’s long-term growth strategy. According to the brokerage, several strategic milestones will ultimately determine whether SpaceX can justify its current valuation.…
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FleetPartners Surges After Receiving Takeover Proposal
Fleetpartners Group Ltd (USOTC:ECXXF) shares rallied 17.0% to $3.31 after the company disclosed that it had received an unsolicited, non-binding and conditional proposal from SG Fleet, backed by its majority shareholder Pacific Equity Partners, to acquire the entire business through a merger. The indicative proposal offers $3.60 per share in cash, representing a premium of…
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Meta Scales Back Wipro Outsourcing Following AI-Led Business Restructuring
Meta Platforms (NASDAQ:META) has reduced the volume of IT services outsourced to Wipro Ltd (NYSE:WIT) by at least 25% after an artificial intelligence-driven reorganisation that resulted in the closure of its digital marketing division, according to a report from Mint. Wipro’s Revenue from Meta Expected to Decline The report, citing two people familiar with the…
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Five Market Themes Investors Should Follow This Week
A fresh week of trading begins with investors once again focused on developments in the Middle East after the United States revived diplomatic efforts with Iran. Alongside geopolitical headlines, markets will be watching a series of important U.S. economic reports, including the July employment figures and the latest manufacturing and services data. Corporate earnings will…
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Oil Prices Sink as Trump Suspends Iran Strike and Revives Diplomatic Talks
Oil prices fell sharply on Monday, dropping more than 6% during Asian trading after U.S. President Donald Trump announced that planned negotiations with Iran would move forward later in the day following his decision to cancel a proposed military strike. At 02:51 ET (06:51 GMT), Brent crude futures for October delivery declined 5.7% to $82.94…