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IBKR Earnings: Strong Trading Lifts Interactive Brokers' Financial Results Past Forecasts
IBKR Earnings: Strong Trading Lifts Interactive Brokers' Financial Results Past Forecasts

Business Insider

timea day ago

  • Business
  • Business Insider

IBKR Earnings: Strong Trading Lifts Interactive Brokers' Financial Results Past Forecasts

Strong trading activity among retail investors helped to lift the second-quarter financial results of Interactive Brokers (IBKR) past Wall Street forecasts. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The Greenwich, Connecticut-based company reported earnings per share (EPS) of $0.51, which topped the $0.47 that was the consensus expectation of analysts. Revenue in the April-through-June period totaled $1.50 billion, which beat the Wall Street forecast of $1.40 billion. In the same period of 2024, Interactive Brokers reported earnings of $0.41 on revenue of $1.20 billion. Shares of IBKR rose 4% in after-hours trading on news of the Q2 results. The stock is up 35% so far this year compared with a 7% gain in the benchmark S&P 500 index. Interactive Brokers net income: Source: Main Street Data Challenging Environment Management at Interactive Brokers said they navigated a challenging market environment during this year's second quarter. Stocks plunged in April because of U.S. President Donald Trump's trade war, but rebounded later in the quarter after he delayed implementation of most of his threatened tariffs. During the spring, Interactive Brokers saw a surge in investor activity as customers opened more accounts, traded more often, and traded more on margin or debt. The number of customer accounts jumped 32% year-over-year to 3.87 million, while margin loans grew 18% to $65.1 billion. Is IBKR Stock a Buy? The stock of Interactive Brokers has a consensus Strong Buy rating among six Wall Street analysts. That rating is based on five Buy and one Hold recommendations issued in the last three months. The average IBKR price target of $52.96 implies 10.89% downside from current levels. These ratings are likely to change after the company's financial results.

New England ship company admits to dumping oil waste in Gulf of Mexico
New England ship company admits to dumping oil waste in Gulf of Mexico

UPI

time2 days ago

  • UPI

New England ship company admits to dumping oil waste in Gulf of Mexico

July 16 (UPI) -- A Connecticut-based shipping company pleaded guilty to pollution charges after crew members on one of its ships deliberately dumped more than 10,000 gallons of oil waste into the Gulf of Mexico. On Tuesday, company officials of Eagle Ship Management LLC pleaded guilty to violations of the 1980 Act to Prevent Pollution from Ships and was given a fine of more than $1.7 million. "Today's announcement sends a clear message intended to deter deliberate pollution," stated Acting U.S. Attorney Michael M. Simpson for Louisiana's Eastern District. "This office will continue to work with our agency partners to enforce the laws that were designed to protect U.S. ports and waters." In addition, the Stamford-based ESM would be ordered to serve a four-year probation term to include an external company audit by an independent source if court-approved. The U.S. Coast Guard initiated its investigation after a crew member on the foreign-flagged bulk vessel "Gannet Bulker" sent it a tip on social media in March 2021 soon after the purported incident near the Mississippi River's mouth, according to court documents. ESM admitted in its guilty plea that Gannet ship officers "engaged in a variety of obstructive acts to conceal the internal flooding that was caused by a botched repair." Records show the unidentified crewman said the Gannet's engine room flooded and that the ship's oil-contaminated bilge pumper offloaded the toxic waste overnight. Flooded bilges can pose a number of dangers to a ship and its crew. Federal officials noted that the incident took place without required safety equipment or proper bookkeeping. "The criminal conduct involved here was serious, including intentional pollution and a deliberate coverup," said Acting Assistant U.S. Attorney General Adam Gustafson of DOJ's environment and natural resources division. Meanwhile, the ship's unidentified captain was prosecuted and later sentence to a year and a day behind bars for his role in the incident. Officials stated that among the obstructive acts was retaliation against a whistleblower with a known identity to the company. They added that Gannet's senior officer and other crew members lied to Coast Guard officials, destroyed control room information as evidence and "created false and backdated personnel evaluations intended to discredit the whistleblower." It's the second known similar instance in recent years of a ship offloading oil into the waters off the coast of New Orleans. In September, the captain of a Turkish ship was given eight months in prison and his company fined $2 million after crew, likewise, rid their carrier of oil waste into open water. Sentencing for Connecticut's Eagle Ship Management is scheduled for October 16.

Paranormal investigator Dan Rivera dies while on Tour with 'Annabelle,' an allegedly haunted doll
Paranormal investigator Dan Rivera dies while on Tour with 'Annabelle,' an allegedly haunted doll

NBC News

time3 days ago

  • NBC News

Paranormal investigator Dan Rivera dies while on Tour with 'Annabelle,' an allegedly haunted doll

Dan Rivera, a paranormal investigator and a handler of 'Annabelle,' a doll that's rumored to be possessed by evil spirits, has died. Rivera, 54, died on July 13, 2025 in a Gettysburg, Pennsylvania hotel room, Adams County Chief Deputy Coroner Scott Pennewill tells 'His death was nothing suspicious,' says Pennewill. 'The coroner's office and the state police were called to the scene on Sunday night ... he did go for an autopsy today and it's pending.' Pennewill says Rivera's autopsy results will likely be available within 60 to 90 days. Pennewill tells that the Annabelle doll was not present at the scene and that Rivera was found alone. He says that Annabelle might have been inside a van in the hotel parking lot, although he cannot officially confirm the doll's location. Rivera's death was announced on Facebook by the 'New England Society for Psychic Research' (NESPR). 'It's with deep sadness that Tony, Wade, and I share the sudden passing of our close friend and partner, Dan Rivera,' read a Facebook post by the NESPR. 'We are heartbroken and still processing this loss. Dan truly believed in sharing his experiences and educating people on the paranormal. His kindness and passion touched everyone who knew him. Thank you for your support and kind thoughts during this difficult time.' A spokesperson for the New England Society for Psychic Research did not immediately return an email for comment from Rivera was participating in the 'Devils on the Run Tour' hosted by the NESPR, a Connecticut-based paranormal research group founded by Tony Spera, the son-in-law of the late supernatural investigators Ed and Lorraine Warren. According to the NESPR, the 'Devils on the Run' tour celebrates the work of Ed and Lorraine Warren and displays Annabelle 'for those brave enough to face her.' In 1968, the Warrens investigated the case of Annabelle, a red-headed Raggedy Ann doll given to a nursing student, who brought it home, where she lived with a roommate. 'Almost immediately, the roommates noticed strange occurrences with the doll and they were introduced to a medium who told them the doll was inhabited by the spirit of a young girl named Annabelle,' states the NESPR website. 'The two roommates tried to accept the doll's spirit and please it only to have it reciprocate maliciousness and violent intent.' The Warrens said Annabelle was 'demonically possessed,' according to the NESPR. 'They removed the doll from the house and encased it in a glass box to contain the evil-spirited entity.' Another famous case handled by the Warrens: A 1971 haunting in Rhode Island that would inspire the film series, 'The Conjuring.' 'Annabelle Rises,' the newest installment, opened in July 2025. Who is Annabelle? Annabelle, a wide-eyed clown-like doll, lives in Connecticut in a display case at the Warren Occult Museum, which, according to NBC News, is 'secured by crosses and holy water.' 'The Annabelle doll is probably one of the most infamous dolls on the planet,' NESPR founder Tony Spera told NBC News in May 2025. He added, 'The doll is something to be respected, not revered.' Back in May, the NESPR clarified baseless rumors that Annabelle had been stolen from her case. Spera told NBC News of Annabelle doubters: 'In a way, I don't blame people for being skeptical ... If people don't know about the demonic, it's very difficult to believe that these things are happening — but they do happen.'

Dan Rivera, handler of ‘haunted' Annabelle, dies suddenly: The paranormal investigator & the creepy story of the doll
Dan Rivera, handler of ‘haunted' Annabelle, dies suddenly: The paranormal investigator & the creepy story of the doll

First Post

time3 days ago

  • Entertainment
  • First Post

Dan Rivera, handler of ‘haunted' Annabelle, dies suddenly: The paranormal investigator & the creepy story of the doll

Dan Rivera, the handler of the infamous Annabelle doll, died suddenly at 54 while touring with the 'haunted' toy. The Connecticut-based paranormal investigator led the New England Society for Psychic Research, the organisation established by legendary demonologists Ed and Lorraine Warren. His death comes months after rumours surfaced that the doll had gone missing read more A US Army veteran turned paranormal investigator, Dan Rivera had spent years working closely with the NESPR, the organisation established by legendary demonologists Ed and Lorraine Warren. Image courtesy: X/@OfficialATU Dan Rivera, the man best known as the real-life handler of the infamous Annabelle doll, has died unexpectedly at the age of 54 while touring with the haunted toy. A Connecticut-based paranormal investigator, Rivera had long been the primary caretaker of the original Raggedy Ann doll, said to be possessed, and which inspired the terrifying Annabelle character in The Conjuring universe. According to the New England Society for Psychic Research (NESPR), which organised Annabelle's 'Devils on the Run' tour, Rivera passed away suddenly over the weekend at a stop in Gettysburg, Pennsylvania. STORY CONTINUES BELOW THIS AD His passing has left a void in the world of paranormal research, particularly for those familiar with Annabelle's unsettling reputation. So, who exactly was Dan Rivera, and why was he trusted to care for one of the most notorious haunted toys in the world? Here's a closer look at the man and the chilling story that made Annabelle a horror icon. Who was Dan Rivera? A US Army veteran turned paranormal investigator, Dan Rivera, had spent years working closely with the NESPR, the organisation established by legendary demonologists Ed and Lorraine Warren. Rivera gained popularity through shows like Most Haunted Places on Travel Channel and Netflix's 28 Days Haunted. He also developed a strong online presence, sharing chilling insights and videos about haunted artefacts, including Annabelle, on TikTok. According to a report in the Daily Mail, Rivera's fascination with the paranormal began early in life and only grew stronger with time. After serving in the military, he started his own investigation team. His path later led him to Lorraine Warren, who mentored him and taught him spiritual protection techniques, including how to 'visualise a halo of white light' to shield himself during investigations. Eventually, Rivera became NESPR's lead investigator. In that role, he helped extend the Warrens' legacy, leading investigations into private hauntings, organising community events like the ParaCon convention, and of course, overseeing the safe handling of Annabelle. STORY CONTINUES BELOW THIS AD Rivera became NESPR's lead investigator. In that role, he helped extend the Warrens' legacy, leading investigations into private hauntings and overseeing the safe handling of Annabelle. Image courtesy: Instagram News of Rivera's death prompted a wave of grief from across the paranormal community. 'Dan truly believed in sharing his experiences and educating people on the paranormal,' NESPR said in a heartfelt statement on Facebook. 'His kindness and passion touched everyone who knew him.' Mary Jo Chudley of Penn Paranormal, speaking to the Daily Mail, remembered him as 'a true legend' and 'one of the kindest, most genuine and funniest guys.' What happenend to Dan Rivera? Dan Rivera was part of the Devils on the Run tour, an event hosted by Ghostly Images of Gettysburg in collaboration with the NESPR. The tour pays tribute to the work of renowned paranormal investigators Ed and Lorraine Warren and features the infamous Annabelle doll for those 'brave enough to face her,' according to the organisers' official website. The tour pays tribute to the work of renowned paranormal investigators Ed and Lorraine Warren and features the infamous Annabelle doll. Image courtesy: AFP This particular stop in Gettysburg, Pennsylvania, was held at the town's Haunted Orphanage. NESPR described the weekend event as 'a night of paranormal history' as Annabelle made her eerie appearance at the famously haunted location. STORY CONTINUES BELOW THIS AD Tragically, Rivera was found unresponsive in his hotel room on Sunday night, July 14, during the Gettysburg tour stop. Emergency services were called, and although CPR was performed, he was declared dead at the scene. Adams County Chief Deputy Coroner Scott Pennewill told that Rivera's death is not being treated as suspicious. 'The coroner's office and the state police were called to the scene on Sunday night,' he said, adding that Rivera's body was sent for an autopsy, and results are pending. The findings are expected within 60 to 90 days. Interestingly, Pennewill confirmed that the Annabelle doll was not in Rivera's hotel room at the time of his death. He added that the doll may have been secured inside a van in the hotel parking lot, though he could not officially confirm its location. Rivera's death comes just a few months after a wave of rumours falsely claimed that Annabelle had gone missing while the group was touring in Louisiana. At the time, some visitors alleged they hadn't seen the doll during one of the stops, but Rivera had quickly refuted the claims and reassured fans that the haunted object was safe. STORY CONTINUES BELOW THIS AD The creepy legacy of Annabelle The real-life Annabelle is far from the porcelain, sinister-looking doll made famous by The Conjuring universe. In reality, she's a classic Raggedy Ann doll, red-yarn hair and all, though her backstory has made her one of the most infamous 'haunted' objects in the world. The real-life Annabelle is in a display case at the Warren Occult Museum, which, according to Annabelle's story began in 1970 when the doll was gifted to two nursing students, Lara Clifton and Dierdre Bernard. What started as a quirky present soon turned eerie, as the women claimed the doll would move on its own. Disturbed, they eventually contacted a psychic, who told them the doll was possessed by the spirit of a young girl named Annabelle Higgins. But the behaviour soon turned darker. As recounted by Ed and Lorraine Warren's biographer Gerald Brittle in The Demonologist, the doll allegedly began leaving handwritten notes on scraps of paper—ones that read messages like 'HELP US' and 'HELP CAL.' Especially creepy was that the girls could not find a pencil in the apartment that could have been used for the notes. It eventually found its way to the Warrens, who locked the wide-eyed clown-like doll in a display case at the Warren Occult Museum, which, according to NBC News, is 'secured by crosses and holy water.' It also famously warns visitors never to touch it. Even members of the Warren family are wary of the doll. Chris McKinnell, Ed and Lorraine's grandson, told The Mirror that he doesn't necessarily believe Annabelle is demonic, but does acknowledge its unsettling energy. 'I don't believe it's a demon. But I do believe it has energy… it's reactive, not active,' he said. 'So why doesn't it break out of its case? Because it only responds to people.' STORY CONTINUES BELOW THIS AD Annabelle first appeared in 2013's The Conjuring before receiving her own spin-off franchise. Annabelle was released in 2014, followed by Annabelle: Creation in 2017 and the latest entry, Annabelle Comes Home, in 2019. Despite Rivera's unexpected death, the infamous doll now continues its journey. According to the NESPR, Annabelle will still make scheduled appearances in the coming months, with her next stop planned for Augusta, Maine. With input from agencies

Crypto-focused Grayscale confidentially files for potential US listing
Crypto-focused Grayscale confidentially files for potential US listing

Yahoo

time3 days ago

  • Business
  • Yahoo

Crypto-focused Grayscale confidentially files for potential US listing

By Niket Nishant (Reuters) -Crypto-focused asset manager Grayscale said on Monday it has confidentially submitted paperwork with the Securities and Exchange Commission, signaling potential plans for a U.S. listing as bitcoin scales new highs. The move coincides with the start of the "crypto week" in Washington, where lawmakers are set to debate three major bills that could offer long-awaited clarity to the industry. Investor enthusiasm around the bills, which are expected to pave the way for digital assets to potentially be further integrated into traditional finance, has pushed bitcoin above $120,000 for the first time. "All the previous crypto cycles were led by retail in absence of regulatory clarity. However, this cycle has been led by institutions," analysts at Bernstein wrote in a note. Grayscale's announcement comes more than a month after stablecoin giant Circle's blockbuster debut, and could add to a growing cohort of high-profile IPO candidates looking to list in the coming months. Gemini, a crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, is also preparing to go public. Crypto firms have seen a surge of interest since President Donald Trump returned to the White House. So far this year, shares of crypto giants Coinbase and Strategy have jumped 56% and 50%, respectively. Grayscale, founded in 2013, manages over $33 billion of assets across more than 35 investment products. A prominent player in the crypto space, the Stamford, Connecticut-based company also oversees a leading spot bitcoin exchange-traded fund. The company's legal challenge against the SEC was instrumental in paving the way for the approval of spot bitcoin ETFs last year. Confidential filings allow companies to withhold details about their finances and offering terms until closer to the actual listing. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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