• Anywhere Real Estate Reports Slight Drop in Revenue in Q2 Against Backdrop of Housing Cooldown

    1 month ago - By RIS Media

    Anywhere Real Estate Inc, formerly known as Realogy Holdings Corp., posted a second-quarter net income of $88 million and basic earnings per share of $0.76 on Thursday, a decrease of $61 million or $0.52 per share versus the previous year.
    The New Jersey-based, billion-dollar company, whose brands include Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Corcoran®, ERA®, and Sotheby's International Realty®, raked in revenue of $2.1 billion, a reduction of 6% or $134 million year-over-year.
    The company largely attributed the dip in earnings to the absence of revenue from...
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  • Mexico's economy grows by 1% in 2nd quarter

    1 month ago - By Chron

    MEXICO CITY - Mexico's economy grew by 1% in the second quarter, Mexico's national statistics agency said Friday.
    Economic growth for the first half of 2022 now amounts to 1.9%,after an expansion of 0.9% in the first three months of the year.
    The economy recovered by 5% in 2021 following a steep drop during the coronavirus pandemic.
    But growth is expected to slow amid high interest rates and an economic downturn in the United States, by far Mexico's largest trading partner.
    Mexico's central bank has raised domestic interest rates to 7.75%, buoying the peso but making credit expensive. The...
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  • Swiss Re Second-Quarter Net Income Drops 43% on Lower Revenues

    1 month ago - By A.M. Best

    Swiss Re's second-quarter net income fell 43% to $405 million from the prior-year period on lower revenues and slightly higher expenses.
    Revenues were $11.2 billion, compared with $11.5 billion ...
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  • Euro zone economy grows 0.7% in the second quarter despite gas crisis and inflation surge

    1 month ago - By CNBC

    Growth in the euro zone beat expectations for the second quarter, coming in at 0.7%.
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  • Aon Second-Quarter Net Income Rises 32% on Revenue Growth

    1 month ago - By A.M. Best

    Aon plc posted a 32% rise in second-quarter net income on organic revenue growth.
    Second-quarter net income attributable to Aon shareholders rose to $501 million from $379 million a year ago. ...
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