July 29 (Reuters) - Medical technology company Hologic ( HOLX ) reported a higher third-quarter profit on Monday, driven by strong demand for its diagnostics and breast health products, but forecast revenue for the current quarter that fell short of Wall Street estimates. Shares of Hologic ( HOLX ) fell nearly 6% in extended trading. The company forecast fourth-quarter revenue...

SAO PAULO, July 29 (Reuters) - Brazil's Telefonica reported on Monday an 8.9% increase in its second-quarter net profit to reach 1.22 billion reais ($217 million) for the period, compared to the same quarter last year. Analysts polled by LSEG expected a quarterly profit of 1.33 billion reais. WHY IT'S IMPORTANT The firm, which is controlled by Spain's Telefonica ,...

06:12 PM EDT, 07/29/2024 (MT Newswires) -- Renasant ( RNST ) said Monday it agreed to acquire The First Bancshares (FBMS) in an all-stock deal valued at about $1.2 billion. The merger plan, backed by both boards, is expected to close in H1 of 2025, Renasant ( RNST ) said. The merged franchise will have about $25 billion in total...

(Reuters) -U.S. home insurers suffered their worst underwriting loss this century in 2023, as a toxic mix of natural disasters, inflation and population growth in at-risk areas put a vital financial market under acute pressure, according to rating agency AM Best. Insurers providing policies to homeowners were hit with a $15.2 billion net underwriting loss last year, according to figures...