(Reuters) - Equipment rental firm United Rentals ( URI ) posted a 7.6% rise in second-quarter profit on Wednesday, backed by robust demand for industrial tools and higher rental rates. Industrial equipment demand from commercial construction firms, warehouses and manufacturers was strong during the quarter as government spending boosted infrastructure and on-shoring activities. The Stamford, Connecticut-based company posted a net...

QuantumScape Corporation ( QS ) reported its second-quarter financial results Wednesday. Here's a look at the details: The Details: QuantumScape ( QS ) reported GAAP quarterly losses of 25 cents per share which missed the analyst consensus estimate of losses of 23 cents by 8.7%. The company reported capital expenditures in the second quarter were $18.9 million and primarily supported...

05:16 PM EDT, 07/24/2024 (MT Newswires) -- RenaissanceRe ( RNR/PF ) reported Q2 operating earnings late Wednesday of $12.41 per diluted share, up from $8.88 a year earlier. Analysts polled by Capital IQ expected $10.66. Revenue for the quarter ended June 30 was $2.83 billion, up from $1.85 billion a year earlier. Price: 225.00, Change: +0.30, Percent Change: +0.13 ...

05:20 PM EDT, 07/24/2024 (MT Newswires) -- West Fraser Timber ( WFG ) on Wednesday said its second-quarter profit tripled as it raised it dividend by 6.7%. The company said it earned US$105 million, or US$1.20 per share, in the period, up from US$35 million. or US$0.42, in the year-prior quarter. Revenue rose 4.8% to US$1.71 billion from US$1.63 billion....