Thai Union ups forecasts after “strong” Q2
Thai Union raised its full-year sales forecast to 4-6% growth from 3-4% previously, citing strong second-quarter results with record gross margins and expanding volumes across key segments.
Loews Reports Higher Second-Quarter Profit as Revenue Continues to Grow
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 Tops Second-Quarter Forecasts and Lifts Full-Year Outlook
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.
Soybeans Falling on Monday Morning
Soybean futures declined Monday morning, trading 8 to 9 cents lower, while recent Chinese purchases of US soybeans were reported over the weekend.
Wheat Starting August with Slight Losses
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 hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges
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.