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Sempra: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 16:23:25 GMT

SAN DIEGO (AP) — SAN DIEGO (AP) — Sempra Energy (SRE) on Friday reported third-quarter profit of $721 million.The San Diego-based company said it had net income of $1.14 per share. Earnings, adjusted for non-recurring gains, were $1.08 per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.The natural gas and electricity provider posted revenue of $3.33 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $3.84 billion.Sempra expects full-year earnings in the range of $4.30 to $4.60 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRE at https://www.zacks.com/ap/SRESource

Blinken presses for pause in Gaza fighting on visit to Israel amid fears war could widen

Published Sat, 22 Feb 2025 16:23:25 GMT

Palestinians carry an injured woman after being rescued from under the rubble of a destroyed building following an Israeli airstrike in Bureij refugee camp, Gaza Strip, Thursday, Nov. 2, 2023. (AP Photo/Mohammed Dahman)(AP/Mohammed Dahman) Palestinians carry an injured woman after being rescued from under the rubble of a destroyed building following an Israeli airstrike in Bureij refugee camp, Gaza Strip, Thursday, Nov. 2, 2023. (AP Photo/Mohammed Dahman)(AP/Mohammed Dahman) KHAN YOUNIS, Gaza Strip (AP) — U.S. Secretary of State Antony Blinken met Israel’s prime minister on Friday to press American calls for a humanitarian pause in the fighting in Gaza, even as fears grew that the conflict could widen, with ...

Healthcare Realty Trust: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 16:23:25 GMT

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Healthcare Realty Trust Incorporated (HR) on Friday reported a key measure of profitability in its third quarter. The results met Wall Street expectations.The real estate investment trust, based in Nashville, Tennessee, said it had funds from operations of $148.1 million, or 39 cents per share, in the period.The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 39 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had a loss of $67.8 million, or 18 cents per share.The medical office building real estate investment trust, based in Nashville, Tennessee, posted revenue of $342.3 million in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $341 million._____This story was generated by Automated Insights (http://automatedi...

Telus International: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 16:23:25 GMT

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Telus International Inc. (TIXT) on Friday reported third-quarter profit of $9 million.On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 3 cents. Earnings, adjusted for one-time gains and costs, were 21 cents per share.The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.The digital services provider posted revenue of $663 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $657.9 million.Telus International expects full-year earnings in the range of 90 cents to 97 cents per share, with revenue in the range of $2.7 billion to $2.73 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TIXT at https://www.za...

Bloomin’ Brands: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 16:23:25 GMT

TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Bloomin’ Brands Inc. (BLMN) on Friday reported third-quarter net income of $44.5 million.The Tampa, Florida-based company said it had net income of 45 cents per share. Earnings, adjusted for non-recurring gains, came to 44 cents per share.The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.The owner of Outback Steakhouse and other casual dining spots posted revenue of $1.08 billion in the period, which met Street forecasts.Bloomin’ Brands expects full-year earnings in the range of $2.80 to $2.90 per share.Bloomin’ Brands shares have climbed 17% since the beginning of the year. The stock has climbed nearly 2% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLMN at https://www.zacks.co...

Shipping company Maersk to slash 10,000 jobs, citing the difficult container trade environment

Published Sat, 22 Feb 2025 16:23:25 GMT

COPENHAGEN, Denmark (AP) — Maersk, the world’s biggest shipping company, said Friday that it plans to eliminate 10,000 jobs due to what it described as a challenging environment for container trade and logistics services. The company said the move would result in savings of $600 million in 2024.The announcement was made as Copenhagen-based Maersk presented its quarterly report, which listed profits before taxes at $691 million, down from $9.1 billion for the same period last year. The report cited “challenging market conditions resulting in substantially lower freight rates compared to the abnormally high rates in 2022.”A.P. Moller-Maersk CEO Vincent Clerc said the company will continue to streamline its organization and operations. ”Our industry is facing a new normal with subdued demand, prices back in line with historical levels and inflationary pressure on our cost base,” Clerc said. “Given the challenging times ahead, we accelerated several cost- and cash- containment measures ...

GrafTech: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 16:23:25 GMT

BROOKLYN HEIGHTS, Ohio (AP) — BROOKLYN HEIGHTS, Ohio (AP) — GrafTech International Ltd. (EAF) on Friday reported a loss of $22.6 million in its third quarter.On a per-share basis, the Brooklyn Heights, Ohio-based company said it had a loss of 9 cents. Losses, adjusted for non-recurring costs, came to 8 cents per share.The maker of graphite products posted revenue of $159 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EAF at https://www.zacks.com/ap/EAFSource

Parts of I-70 closed for serious car crash

Published Sat, 22 Feb 2025 16:23:25 GMT

DENVER (KDVR) -- An early morning car crash closes all lanes of eastbound I-70 near Routt St.On Friday at 2:30 a.m., two vehicles were involved in a crash on I-70 with reports of significant injuries. Shot fired, deputies chase vehicle potentially involved in a kidnapping All lanes of eastbound I-70 are closed at Ward Rd. Vehicles are being directed off the highway at this location.Traffic reporter Drew Engelbart recommends using 6th Avenue or Colfax instead.This is breaking news. The post will be updated when more information becomes available.

Shot fired, deputies chase vehicle potentially involved in a kidnapping

Published Sat, 22 Feb 2025 16:23:25 GMT

DENVER (KDVR) -- Deputies chased a vehicle potentially involved in a kidnapping in Weld County which led to a deputy firing their weapon early Friday morning.On Thursday night, Fort Collins Police Services received information on a vehicle involved with a possible kidnapping in Weld County. Local law enforcement was advised to be on the lookout.Per the Larimer County Sheriff's Office Public Information Office report, the incident started early Friday morning when the Larimer County Sheriff’s Office located a potential match for the vehicle near Shields Street and Elizabeth Street.The driver refused to stop after deputies turned on their sirens and deputies tracked the vehicle for several miles through west Fort Collins.After 1 a.m. on Friday, a deputy set up tire spikes at the intersection of Horsetooth Road and College Avenue. Rep. Ken Buck explains speaker vote, talks death threats The suspect drove at the deputy and the deputy fired their weapon.The vehicle drove awa...

Denver weather: Staying mild with afternoon sunshine

Published Sat, 22 Feb 2025 16:23:25 GMT

DENVER (KDVR) - After some morning clouds, mainly sunny skies are back across Denver on Friday afternoon as highs warm into the upper 60s.Weather today: Sunshine and comfyPartly cloudy skies stick around for the first half of Friday, but the clouds clear and make for mainly sunny skies this afternoon. Highs will be above average in the upper 60s with a brief breeze mid-afternoon.Denver weather on Nov. 3, 2023 (KDVR)Weather tonight: Mainly clear skiesSkies stay mostly clear Friday night, but lows will be mild as Denver dips into the middle 30s. The Mile High City could see a few spots across the metro that dip to freezing. Winds will also be light overnight. Spirit Airlines to end service at Denver International Airport Denver weather on Nov. 3, 2023 (KDVR)Looking ahead: Nice weekend before rain next weekDenver kicks off the weekend with plenty of sunshine on Saturday afternoon as highs are comfortable in the middle 60s. Denver should see even warmer weather on Sunday afternoon as ...