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Chicago Board of Trade › (CBOT:S.H13)

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Today's Financial News

Genesee & Wyoming tops 2Q profit expectations, misses revenue forecasts

6 hours ago

DARIEN, Conn. (AP) _ Genesee & Wyoming Inc. (GWR) on Monday reported second-quarter earnings of $52.8 million. On a per-share basis, the Darien, Connecticut-based company said it had net income of 92 cents. Earnings, adjusted for non-recurring costs, were 93 cents per share. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share.

Loews posts second-quarter profit of $170 million

6 hours ago

NEW YORK (AP) _ Loews Corp. (L) on Monday reported second-quarter earnings of $170 million. The New York-based company said it had net income of 46 cents per share. The commercial property and casualty insurance company posted revenue of $3.44 billion in the period. Loews shares have declined slightly more than 9 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 2 percent. The stock has declined roughly 10 percent in the last 12 months.

ArcBest beats 2Q earnings and revenue expectations

8 hours ago

FORT SMITH, Ark. (AP) _ ArcBest Corp. (ARCB) on Monday reported second-quarter net income of $20 million. The Fort Smith, Arkansas-based company said it had net income of 74 cents per share. Earnings, adjusted for non-recurring costs, were 75 cents per share. The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

Greece's stock market reopens after a month, plunges over 22 percent in early trading

8 hours ago

ATHENS, Greece (AP) — Greece's main stock index plunged over 22 percent as it reopened Monday after a five-week closure, giving investors their first opportunity since June to react to the country's latest economic crisis. The Athens Stock Exchange and Greek banks were closed on June 29, when controls on money withdrawals and transfers were imposed to prevent a collapse in the banking system due to a run on deposits.

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