M/I Homes Q4 Profit Rises 15%, Revenue Up 16%

M/I Homes Q2 Profit Rises 12%, Revenue Up 16%

M/I Homes, Inc. (MHO), a builder of single-family homes, reported Wednesday that net income for the second quarter increased to $103.07 million or $3.64 per share from $91.84 million or $3.16 per share in the prior-year quarter.

RTTNews | 566 days ago

Swiss Market Settle Moderately Lower

The Switzerland market ended moderately higher on Tuesday, in line with markets across Europe, despite the U.S. clamping fresh tariffs on steel and aluminum imports.

RTTNews | 6h 6min ago

European Stocks Close Higher Despite Trump's Fresh Tariffs

European stocks closed higher on Tuesday, and several major markets recorded fresh record highs or multi-month highs, as investors continued to focus on earnings and other corporate news.

RTTNews | 6h 48min ago

U.S. Dollar Lower Against Euro, Pound

The U.S. dollar dropped against the euro and the pound in the New York session on Tuesday, as investors assessed the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.

RTTNews | 7h 16min ago

Powell Reiterates Fed Doesn't 'Need To Be In A Hurry' To Lower Interest Rates

Federal Reserve Chair Jerome Powell delivered his semiannual monetary policy testimony before the Senate Banking Committee on Tuesday, reiterating his belief that the central bank does "not need to be in a hurry" to adjust its policy stance.

RTTNews | 9h 42min ago

BP Slips To RC Loss In Q4, Warns On Weak Production; Plans To Reset Strategy

British energy major BP Plc. reported Tuesday a replacement cost or RC loss in its fourth quarter, compared to prior year's profit, amid weak revenues. The company also warned on sequentially lower upstream production in its first quarter, and weak production in fiscal 2025.

RTTNews | 11h 9min ago

BoE's Mann Says Loosening Labor Market Will Restrain Price & Wage Growth

A further loosening of the UK labor market will restrain the growth in wages and prevent second-round effects from setting in, even if the near-term inflation expectations increase, Bank of England policymaker Catherine Mann said Tuesday. In a speech, Mann said the current and likely continued weak demand conditions will lead to a further loosening of the labor market.

RTTNews | 12h 9min ago

Bay Street Likely To Open On Flat To Negative Note

Canadian shares are likely to open on a flat to negative note Tuesday morning with investors assessing the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.

RTTNews | 12h 18min ago

EURUSD	1.03616	GBPUSD	1.2441	AUDUSD	0.6295
USDJPY	152.454	USDCAD	1.42897	USDCHF	0.91303