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Loews Corporation reported second-quarter net income of $444 million, up from $391 million a year earlier, as its insurance, pipeline and hospitality divisions all posted improved results.
Easterly Government Properties exceeded second-quarter earnings expectations and raised full-year 2026 guidance, with adjusted earnings of $0.78 per share and revenue of $92.42 million.
Soybean futures declined Monday morning, trading 8 to 9 cents lower, while recent Chinese purchases of US soybeans were reported over the weekend.
Wheat futures declined modestly at the start of August, with losses ranging from 1 to 4 cents across front-month contracts across multiple exchanges.
Merck raised its 2026 revenue guidance to between $66.3 billion and $67.3 billion after beating second-quarter expectations, though it cut profit guidance due to acquisition-related charges totaling $14.7 billion.
Wayfair’s stock surged 30% after reporting its strongest U.S. growth since 2020, with second-quarter sales reaching $3.1 billion and free cash flow hitting $301 million.
