Newsbot

Lear Posts Q2 Revenue Beat

Key Points- GAAP revenue rose to $6.03 billion in Q2 2025, beating consensus estimates for both non-GAAP EPS and GAAP revenue, but recorded just a slight increase from the prior year.- Adjusted earnings per share (EPS) of $3.47 surpassed expectations.- Management restored full-year guidance, but remains cautious due to ongoing tariff and production uncertainties.These 10 stocks could mint the next wave of millionaires › Lear (NYSE:LEA), a leading global supplier of automotive seating and electri...

We ask for more data than FICO: VantageScore CEO

Silvio Tavares, VantageScore CEO, emphasizes that mortgage lenders want to use VantageScore, stressing that the company has more data and uses modern technology. He speaks to Romaine Bostick and Scarlet Fu on "The Close." (Source: Bloomberg)

Exciting Time, Data Center Construction Booming: Aon CFO

Edmund Reese, AON Executive Vice President and CFO, says Aon is bringing new capital into the market, not just in traditional areas, but also in other insurance-linked securities, emphasizing that the company is a leader in that space. He speaks to Romaine Bostick and Scarlet Fu on "The Close." (Source: Bloomberg)

US stock valuations hit record highs as the Buffett Indicator soars to 212% of GDP

The US stock market’s current valuation has surpassed even the peaks seen during the Dot-Com Bubble and the 2008 Financial Crisis, according to the so-called “Warren Buffett Indicator.”  The metric compares the total market capitalization of US stocks to the country’s Gross Domestic Product (GDP), which surged to 212%, its highest level in history. JUST […]

Uwharrie Q2 Profit Jumps 29 Percent

Key Points- Net income available to common shareholders rose approximately 28.6% for the three months ended June 30, 2025, reaching $2.7 million, or $0.38 per share, compared to the same period in 2024.- Total assets (GAAP) increased to $1.17 billion as of June 30, 2025, compared to $1.13 billion at December 31, 2024.- The company did not provide forward-looking guidance or detail on credit quality, loan trends, or segment performance.These 10 stocks could mint the next wave of millionaires › Uw...

Brazil Investors Warn of Political Impact of Tariffs in Election

At a large financial market gathering in Sao Paulo, Donald Trump’s threat to impose 50% tariffs on Brazil barely registers as a primary economic concern. What’s truly unsettling money managers is the political fallout — the broader storm unleashed by the US president ahead of next year’s elections.

Frei stellt geplante Schuldenbremsen-Reform infrage

Berlin - Kanzleramtsminister Thorsten Frei (CDU) hat Zweifel an der von der schwarz-roten Koalition vertragliche verankerten Reform der Schuldenbremse geäußert und sieht auch Gespräche mit der Link...

OneMain Q2 Revenue Jumps 10 Percent

Key Points- Adjusted earnings per share (EPS) came in at $1.45, beating analyst estimates of $1.23.- Revenue reached $1.5 billion, topping expectations of $1.186 billion (GAAP) and marking a 10% increase from the prior-year quarter.- Net charge-offs and delinquencies improved in Q2 2025, with net income more than doubled from the prior year; the quarterly dividend was $1.04 per share.These 10 stocks could mint the next wave of millionaires › OneMain (NYSE:OMF), a leading personal lender focused ...