Truist Financial Corporation reported Q2 2026 earnings per share of $1.08, meeting analyst expectations. However, its revenue of $5.23 billion slightly missed estimates, prompting the company to lower its full-year revenue and net interest income outlook. The earnings were supported by a rebound in capital markets activity, benefiting investment banking and trading divisions. Despite meeting EPS, Truist's current ratio of 0.18 suggests potential short-term liquidity challenges ahead.
Soitec announced its half-year report on the liquidity contract managed by BNP Paribas as of June 30, 2026. During the first half of 2026, Soitec bought 227,346 shares for €17.36 million and sold 288,875 shares for €23.29 million, leaving 24,442 shar...
Albemarle, a leading lithium producer, faces challenges from volatile lithium prices due to high supply and mixed demand outlooks. Despite recent stock weakness, analysts anticipate a strong earnings recovery with expected EPS of $3.21 and revenue of...
Unipart, KBR, and IBM have formed Team ORION to provide advanced logistics, operational resilience, and cutting-edge technology to the UK Ministry of Defence. This collaboration combines Unipart's supply chain expertise, KBR's defence experience, and...
Xeriant secured a U.S. patent for its fire-resistant composite technology, advancing its eco-friendly construction panel NEXBOARD™ toward commercialization. Argo Graphene Solutions appointed Dr. Vikas Berry, the inventor of its STREAM™ graphene platf...
Allstate reported a 43.7% drop in first-quarter catastrophe losses year-over-year, with Q2 losses also down 14% compared to 2025. Despite improved underwriting results, UBS downgraded Allstate from Buy to Neutral, citing concerns that favorable loss ...
