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Southwest Gas Q2 Results Top Estimates

Southwest Gas Holdings, Inc. (SWX) reported Wednesday net income for the second quarter of $28.88 million or $0.40 per share, compared to a net loss of $6.58 million or $0.10 per share in the prior-year quarter. Excluding items, adjusted earnings per share were $0.47 per share, compared to $0.23 per share last year.
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Valvoline Promotes Lori Flees To Succeed Sam Mitchell As CEO

Valvoline Promotes Lori Flees To Succeed Sam Mitchell As CEO

Valvoline Inc. (VVV), a preventive automotive maintenance company, announced Wednesday that Sam Mitchell is retiring as Chief Executive Officer and a member of the Board of Directors, effective September 30, 2023.
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Wendy's Co. Q2 Adj. EPS Tops View; Maintains Fy23 Outlook

Wendy's Co. Q2 Adj. EPS Tops View; Maintains Fy23 Outlook

The Wendy's Co. (WEN) reported Wednesday that net income for the second quarter increased to $59.63 million or $0.28 per share from $48.15 million or $0.22 per share in the prior-year quarter. Excluding items, adjusted earnings per share were $0.28 per share, compared to $0.24 per share last year.
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ODP Corp. Boosts FY23 Adj. EPS Outlook - Update

ODP Corp. Boosts FY23 Adj. EPS Outlook - Update

While reporting financial results for the second quarter on Tuesday, The ODP Corp. (ODP) raised its adjusted earnings guidance for the full-year 2023, while lowering annual sales outlook.
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FTSE 100 Gains As Miners Surge On China Stimulus Hopes

FTSE 100 Gains As Miners Surge On China Stimulus Hopes

U.K. stocks rose on Wednesday after data showed China's consumer prices slipped into deflation territory in July amid weakening domestic demand, raising hopes for more policy stimulus.
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CAC 40 Rebounds As Italy Eases Stance On Windfall Tax

CAC 40 Rebounds As Italy Eases Stance On Windfall Tax

French stocks traded sharply higher on Wednesday, with banks rebounding from the previous session's losses after the Italian government clarified that the new windfall tax on banks would not amount to more than 0.1 percent of their assets.
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DAX Rallies As Banks Rebound

DAX Rallies As Banks Rebound

German stocks were sharply higher on Wednesday as banks recovered from steep losses in the previous session.
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China Slips Into Deflation In July

China Slips Into Deflation In July

China's consumer prices posted an annual decline for the first time since February 2021 largely reflecting a fall in food prices, and producer prices continued its downturn trend, official data revealed on Wednesday. Consumer prices declined 0.3 percent in July from a year ago after staying flat in June, the National Bureau of Statistics reported Wednesday.
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NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
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