Horace Mann Educators reported record core earnings for Q2 2026, surpassing expectations by over 60%. The company raised its full-year 2026 EPS guidance, supported by recent acquisitions that expand its client base beyond educators and are expected to boost return on equity by 100 basis points. Book value per share increased 11.4% year-over-year, and the forward price-to-earnings ratio remains below 11, indicating attractive valuation. Additionally, the company marked its seventeenth consecutive year of dividend growth and improved its catastrophe loss outlook, reinforcing its positive investment outlook.
Jane Street disclosed owning more than $1 billion in U.S. spot Bitcoin ETF shares as of June 30, 2026, with about $828 million invested in BlackRock's iShares Bitcoin Trust (IBIT). This represents a significant rebound from the previous quarter when ...
Bitcoin climbed above $64,000, marking the only major cryptocurrency with a notable daily gain while others slipped or stayed flat. Publicly listed bitcoin miners have reduced their computing power by 21% over three quarters to shift capacity towards...
Jeonbuk Bank, a regional South Korean bank, has replaced the traditional SWIFT network with Ripple Payments to improve the efficiency of its cross-border transactions. This marks Ripple's third partnership in South Korea in 2026, highlighting its gro...
Mercury NZ Limited reported a 36% increase in EBITDAF to $1,068 million for fiscal year 2026, fueled by higher renewable energy production and strict cost management. Operational expenses were reduced by $26 million from the previous year, meeting th...
Ecopetrol, through its subsidiary Ecopetrol Investimentos, completed the acquisition of a 51% controlling stake in Brava Energia for approximately $1.2 billion. This strategic move expands Ecopetrol's footprint in Brazil, enhancing its portfolio with...
