
Tetra Technologies: Q2 Earnings Snapshot
The The Woodlands, Texas-based company said it had net income of 8 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 9 cents per share.
The oil and gas services company posted revenue of $173.9 million in the period.

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The Hill
15 minutes ago
- The Hill
Boeing workers who build fighter jets plan to go on strike
NEW YORK (AP) — Boeing workers who build fighter jets are planning to go on strike Monday at midnight. About 3,200 workers at Boeing facilities in St. Louis; St. Charles, Missouri; and Mascoutah, Illinois, voted to reject a modified four-year labor agreement with Boeing, the International Association of Machinists and Aerospace Workers union said Sunday. 'IAM District 837 members build the aircraft and defense systems that keep our country safe,' said Sam Cicinelli, Midwest territory general vice president for the union, in a statement. 'They deserve nothing less than a contract that keeps their families secure and recognizes their unmatched expertise.' The vote followed members' rejection last week of an earlier proposal from the troubled aerospace giant, which had included a 20% wage increase over four years. At the time, union leaders had recommended approving the offer, calling it a 'landmark agreement' and saying the offer would improve medical, pension and overtime benefits. Then there was a cooling-off period of a week, followed by the union members rejecting Boeing's latest proposal. 'We're disappointed our employees rejected an offer that featured 40% average wage growth and resolved their primary issue on alternative work schedules,' said Dan Gillian, Boeing Air Dominance vice president and general manager, and senior St. Louis site executive. 'We are prepared for a strike and have fully implemented our contingency plan to ensure our non-striking workforce can continue supporting our customers.' Boeing has been struggling after two of its Boeing 737 Max airplanes crashed, one in Indonesia in 2018 and the other in Ethiopia in 2019, killing 346 people. In June, one of Boeing's Dreamliner planes, operated by Air India, crashed, killing at least 260 people. On Tuesday, Boeing had reported that its second-quarter revenue had improved and losses had narrowed. The company lost $611 million in the second quarter, compared to a loss of $1.44 billion during the same period last year.


San Francisco Chronicle
15 minutes ago
- San Francisco Chronicle
Boeing workers who build fighter jets plan to go on strike
NEW YORK (AP) — Boeing workers who build fighter jets are planning to go on strike Monday at midnight. About 3,200 workers at Boeing facilities in St. Louis; St. Charles, Missouri; and Mascoutah, Illinois, voted to reject a modified four-year labor agreement with Boeing, the International Association of Machinists and Aerospace Workers union said Sunday. 'IAM District 837 members build the aircraft and defense systems that keep our country safe,' said Sam Cicinelli, Midwest territory general vice president for the union, in a statement. 'They deserve nothing less than a contract that keeps their families secure and recognizes their unmatched expertise.' The vote followed members' rejection last week of an earlier proposal from the troubled aerospace giant, which had included a 20% wage increase over four years. At the time, union leaders had recommended approving the offer, calling it a 'landmark agreement' and saying the offer would improve medical, pension and overtime benefits. Then there was a cooling-off period of a week, followed by the union members rejecting Boeing's latest proposal. 'We're disappointed our employees rejected an offer that featured 40% average wage growth and resolved their primary issue on alternative work schedules," said Dan Gillian, Boeing Air Dominance vice president and general manager, and senior St. Louis site executive. "We are prepared for a strike and have fully implemented our contingency plan to ensure our non-striking workforce can continue supporting our customers.' Boeing has been struggling after two of its Boeing 737 Max airplanes crashed, one in Indonesia in 2018 and the other in Ethiopia in 2019, killing 346 people. In June, one of Boeing's Dreamliner planes, operated by Air India, crashed, killing at least 260 people. On Tuesday, Boeing had reported that its second-quarter revenue had improved and losses had narrowed. The company lost $611 million in the second quarter, compared to a loss of $1.44 billion during the same period last year.
Yahoo
18 minutes ago
- Yahoo
Signed, Sealed, Then Canceled: Why More Buyers Are Pulling the Plug On Home Sales
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Nearly 15% of pending home sales got canceled in June, according to Redfin, with buyers walking away from deals in record numbers. That's worse than June 2024's 13.9% and the highest level of cancellations since the company began tracking this data in 2017. Unhappy sellers contributed to the bearish statistic, perhaps realizing for the first time their sales tags don't match the 2025 real estate market. Shop Top Mortgage Rates Your Path to Homeownership A quicker path to financial freedom Personalized rates in minutes Home sellers had significant pricing power after the pandemic, fueled by rising mortgage rates and falling inventories that forced budget-minded buyers to the sidelines. Buying and selling pressure has flip-flopped this year, contributing to a slow and steady pullback from record prices. Some metro real estate markets continue to thrive but Florida, Texas and other Sun Belt states are having a tougher time closing sales. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— More than 57,000 pending sales nationwide fell through in June, equating to 14.9% of all homes under contract, and one in seven of all sales agreements in force that month. Redfin notes that sales trends are typically seasonal, with higher cancellations expected at year's end and not in the spring, adding a troubling spin to the report. Cancellations are rising in all but seven major metropolitan areas. 21.4% sales agreements in Jacksonville, Florida got canceled in June, taking the top slot nationwide. The Sun Belt dominates the rest of the top 10, led by Las Vegas (19.7%), Atlanta (19.6%), and followed by cities in Texas, Florida, Arizona and Southern California. Nassau County, New York, Milwaukee and Montgomery County, Pennsylvania reported the fewest cancellations. Trending: $100k+ in investable assets? – no cost, no obligation. Negotiating power has shifted rapidly toward buyers this year, with nearly 500,000 more sellers than buyers, according to a May Redfin report. That equates to 34% more sellers, the highest level recorded in data going back to 2013. Redfin says that 31 of the top 50 metros are now buyer's markets, with Miami leading the pack. The condominium market is even more skewed toward buyers, with 83% more sellers. The report notes that sellers are working hard to keep transactions from falling apart, and this will likely contribute to a 1% year-over-year home price decline. 'Sellers are willing to make deals because in today's buyer's market, they don't want to lose out on a sale once they have a buyer under contract,' Phoenix Redfin agent Van Welborn said. "Now, sellers are doing whatever they can to close the deal." , Redfin agent Crystal Zschirnt in Dallas tells a similar tale, remarking she has heard some buyers are backing out in hopes that "home prices or mortgage rates are going to plummet soon." She believes that's unlikely. Even so, some analysts are resurrecting 2008 scenarios. Zschirnt admits that buyers now have considerable leverage, especially during the inspection period. "Some buyers are canceling deals because another home pops up in the same price range that they like better, or because they discover a flaw and get nervous it'll cost too much to fix,' she adds. Read Next: With Point, you can Image: Shutterstock This article Signed, Sealed, Then Canceled: Why More Buyers Are Pulling the Plug On Home Sales originally appeared on Sign in to access your portfolio