Toronto-Dominion Bank In Advanced Talks To Buy Cowen For More Than $1 Bln : Report

Al-Qaeda Leader Who Succeeded Osama Bin Laden Killed by U.S. Airstrike

A United States airstrike killed al-Qaeda leader Ayman al-Zawahri in Kabul, government sources revealed Monday

Al-Zawahri was one of the al-Qaeda leaders behind the 9/11 terrorist attacks and a close confidant of Osama bin Laden, who was killed by U.S. special forces in 2011. 

President Joe Biden is expected to address the matter at 7:30 p.m. ET. A senior administration official addressing a pool of reporters said that “over the weekend, the United States conducted a counterterrorism operation against a significant Al Qaeda target in Afghanistan. The operation was successful and there were no civilian casualties.”

The Central Intelligence Agency reportedly carried out the drone attack over the weekend.

This is a breaking news story and will be updated.

Mosaic Co. Q2 Profit Increases, but misses estimates

Mosaic Co. (MOS) revealed a profit for its second quarter that increased from the same period last year but missed the Street estimates.

The company’s earnings came in at $1.04 billion, or $2.85 per share. This compares with $0.44 billion, or $1.14 per share, in last year’s second quarter.

Excluding items, Mosaic Co. reported adjusted earnings of $3.64 per share for the period.

Analysts on average had expected the company to earn $4.03 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 104.6% to $5.73 billion from $2.80 billion last year.

Mosaic Co. earnings at a glance (GAAP) :

-Earnings (Q2): $1.04 Bln. vs. $0.44 Bln. last year.
-EPS (Q2): $2.85 vs. $1.14 last year.
-Analyst Estimate: $4.03
-Revenue (Q2): $5.73 Bln vs. $2.80 Bln last year.

Radian Group Inc Q2 Profit Increases, beats estimates

Radian Group Inc (RDN) reported a profit for its second quarter that increased from the same period last year and beat the Street estimates.

The company’s earnings came in at $201.19 million, or $1.15 per share. This compares with $155.21 million, or $0.80 per share, in last year’s second quarter.

Excluding items, Radian Group Inc reported adjusted earnings of $302.0 million or $1.36 per share for the period.

Analysts on average had expected the company to earn $0.76 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter fell 14.9% to $286.83 million from $336.99 million last year.

Radian Group Inc earnings at a glance (GAAP) :

-Earnings (Q2): $201.19 Mln. vs. $155.21 Mln. last year.
-EPS (Q2): $1.15 vs. $0.80 last year.
-Analyst Estimate: $0.76
-Revenue (Q2): $286.83 Mln vs. $336.99 Mln last year.

EPR Properties Q2 Profit Increases, beats estimates

EPR Properties (EPR) revealed a profit for its second quarter that increased from the same period last year and beat the Street estimates.

The company’s bottom line came in at $34.9 million, or $0.46 per share. This compares with $12.5 million, or $0.17 per share, in last year’s second quarter.

Excluding items, EPR Properties reported adjusted earnings of $88.7 million or $1.17 per share for the period.

Analysts on average had expected the company to earn $0.53 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 27.9% to $160.4 million from $125.4 million last year.

EPR Properties earnings at a glance (GAAP) :

-Earnings (Q2): $34.9 Mln. vs. $12.5 Mln. last year.
-EPS (Q2): $0.46 vs. $0.17 last year.
-Analyst Estimate: $0.53
-Revenue (Q2): $160.4 Mln vs. $125.4 Mln last year.

-Guidance:
Full year EPS guidance: $4.50-$4.60

Amkor Technology Inc. Q2 Profit beats estimates

Amkor Technology Inc. (AMKR) released a profit for second quarter that beat the Street estimates.

The company’s earnings totaled $125 million, or $0.51 per share. This compares with $126 million, or $0.51 per share, in last year’s second quarter.

Analysts on average had expected the company to earn $0.48 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 7.1% to $1.51 billion from $1.41 billion last year.

Amkor Technology Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $125 Mln. vs. $126 Mln. last year.
-EPS (Q2): $0.51 vs. $0.51 last year.
-Analyst Estimates: $0.48
-Revenue (Q2): $1.51 Bln vs. $1.41 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.82-$1.02
Next quarter revenue guidance: $1.88-1.98 bln

Westbound I-70 closed in Wheat Ridge for hazmat cleanup after cement truck rolls over

Westbound lanes of Interstate 70 in Wheat Ridge were closed Monday afternoon for hazmat cleanup after a cement truck rolled over on the road.

All westbound lanes were closed at the 32nd Avenue/Youngfield exit and Colorado Department of Transportation officials expect the closure to remain through the evening rush hour.

Officials encouraged drivers to avoid the area and use different routes.

Wheat Ridge police said the driver of the truck is OK. The truck overturned after blowing a tire, police said.

Toronto-Dominion Bank In Advanced Talks To Buy Cowen For More Than $1 Bln : Report

Canada’s Toronto-Dominion Bank (TD.TO,TD) is in advanced talks to buy investment bank Cowen Inc. (COWN) for more than $1 billion, the Wall Street Journal reported on Monday citing people familiar with the matter.

The Journal said that an agreement could be announced as soon as Tuesday. The deal gives Cowen a value of $39 per share.

COWN closed Monday regular trading at $35.49 up $0.42 or 1.20%. In the after-hours trade, the stock further gained $3.21 or 9.04%.

Bloomberg reported in early July that TD Bank was studying a possible deal for Cowen.