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Weak

Chicago Board of Trade › (CBOT:SR.H13.E)

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Today's Financial News

Italian bank Intesa SanPaolo sees second quarter profits more than double

7 hours ago

MILAN (AP) — Italian bank Intesa SanPaolo says its second-quarter earnings more than doubled thanks to higher fees and commissions and an improved credit market. Net fees and commission rose 15 percent to 1.9 billion euros, boosting the bank to its highest half-year figure since its creation in 2007. Interest income in the quarter was down 6 percent to 1.9 billion euros, and trading profits also slid.

Virtus Investment Partners posts 2Q profit of $9.8 million, result tops expectations

7 hours ago

HARTFORD, Conn. (AP) _ Virtus Investment Partners Inc. (VRTS) on Friday reported second-quarter profit of $9.8 million. On a per-share basis, the Hartford, Connecticut-based company said it had profit of $1.08. Earnings, adjusted for non-recurring costs, came to $2.21 per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.11 per share.

PNM Resources posts 2Q profit of $31.7 million, result tops expectations

7 hours ago

ALBUQUERQUE, N.M. (AP) _ PNM Resources Inc. (PNM) on Friday reported second-quarter net income of $31.7 million. The Albuquerque, New Mexico-based company said it had net income of 40 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 44 cents per share. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share.

Realogy Holdings misses 2Q net income and revenue expectations

7 hours ago

MADISON, N.J. (AP) _ Realogy Holdings Corp. (RLGY) on Friday reported second-quarter earnings of $97 million. The Madison, New Jersey-based company said it had profit of 66 cents per share. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.

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