Cullen/Frost Bankers Q2 Profit Tops Estimates; Boosts Dividend 3.3%

Cullen/Frost Bankers Q1 Profit Tops Estimates

Bank holding company Cullen/Frost Bankers, Inc. (CFR) on Thursday reported that first quarter net income available to common shareholders surged to $175.98 million or $2.70 per share from $97.43 million or $1.50 per share in the prior-year quarter.

RTTNews | hace 831

Cullen/Frost Bankers Q4 Profit Tops Estimates

Bank holding company Cullen/Frost Bankers, Inc. (CFR) on Thursday reported that fourth quarter net income available to common shareholders surged to $189.51 million or $2.91 per share from $99.35 million or $1.54 per share in the prior-year quarter.

RTTNews | hace 923

DAX Modestly Higher As Investors React To Earnings

Despite disappointing factory orders data, and U.S. President Donald Trump's threat that he would impose tariffs on pharma and chips, German stocks are gaining some ground in positive territory on Wednesday. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.

RTTNews | hace 5 minutos

Commodity Currencies Rise Amid Risk-Appetite

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major peers in the Asian session on Wednesday, as Asian markets traded higher after Trump hailed his "good relationship" with his Chinese counterpart Xi Jinping, adding that a deal with China was taking shape.

RTTNews | hace 8 minutos

Downturn In UK Construction Activity Deepens

The UK construction sector downturn deepened in July as volumes of work carried out across all sectors decreased markedly, survey results from S&P Global showed on Wednesday. The headline construction Purchasing Managers' Index fell to 44.3 in July from 48.8 in June. The score signaled the sharpest contraction since May 2020.

RTTNews | hace 32 minutos