All posts in Stock Market Updates

NEWARK, Del.–(BUSINESS THREAD)–Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released financial results for the second quarter of 2022. Highlights of those results are included in the attached supplement. Full financial results are available at www.SallieMae.com/investors. Sallie Mae will host an earnings conference call tomorrow, July 28, 2022 at 8:00 AM ET. Executives will be available to discuss various highlights of the quarter and to answer questions related to Sallie Mae’s performance. A live audio webcast of the conference call and presentation slides can be accessed at www.SallieMae.com/investors and the hosting website a https://edge.media-server.com/mmc/p/thrzxufd. Participants may also register for the…

FAIRFIELD, Ohio (AP) _ Cincinnati Financial Corp. ( CINF ) reported a loss of $808 million in the second quarter on Wednesday, after reporting a profit in the same period a year earlier. Per share, the Fairfield, Ohio-based company said it had a loss of $5.06. Profits, adjusted for investment costs, came in at 65 cents per share. The insurer posted revenue of $820 million during the period. Its adjusted revenue was $1.97 billion. _____ This story was generated by Automated statistics (using data from Zacks Investment Research. Access to Zacks Stock Report on CINF at [ad_2] Source link

COEUR D’ALENE, Idaho–(BUSINESS THREAD)–Hecla Mining Company (NYSE: HL) announced today that it will issue a press release reporting its second quarter 2022 financial results before the market opens on Thursday, August 4, 2022. TECHNICAL CONFERENCE AND WEBcast A conference call and webcast to discuss the second quarter 2022 financial results will be held on Thursday, August 4th at 10:00 a.m. ET. You can join the conference call by dialing toll free 1-888-330-2391 or for internationals dial 240-789-2702. The conference ID is 4812168. Please dial and provide the conference ID number at least 10 minutes prior to the start time to…

The Fed raises the policy rate to a range of 2.25% to 2.50% in the US. Central bank weakens economic data Fed Powell to speak at 2:30 pm EDT (1830 GMT) WASHINGTON, July 27 (Reuters) – The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point on Wednesday in an effort to cool the most intense burst of inflation since the 1980s, with “continuous increases” in borrowing costs. still ahead despite evidence of an economic slowdown. “Inflation remains elevated, reflecting pandemic-related supply-demand imbalances, higher food and energy prices, and broader price pressures,” the Federal Market…

Gov. Ron DeSantis plans to make money transfer services like PayPal, as well as credit cards and banks, the next targets of his campaign against “woke ideology,” announcing a set of measures Wednesday ahead of the next legislative session . The proposals, which DeSantis said would include a mix of legislative and executive initiatives, would prohibit credit card companies and money transfer services from “discriminating” against users based on political or religious ideology. Banks, credit cards and money transfer services “shouldn’t be colluding with each other to marginalize people with whom they have political disagreements,” DeSantis said, addressing an audience…

Philadelphia Mayor Jim Kenney, the Philadelphia Eagles, the Philadelphia Convention and Visitors Bureau, PHL Sports and WWE are proud to announce that Philadelphia’s Lincoln Financial Field will host the pop culture extravaganza of the WWE, WrestleMania 40, on Saturday, April 6 and Sunday. April 7, 2024. “The Philadelphia Eagles are thrilled to partner with WWE as WrestleMania makes its long-awaited return to Philadelphia in 2024,” said Eagles President and PHL Sports President Don Smolenski. “We are thrilled to help showcase the industry’s most iconic event to a global audience and look forward to providing WWE fans in attendance with a…