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BGC Group: Q3 Earnings Snapshot

Published Wed, 19 Feb 2025 01:38:51 GMT

NEW YORK (AP) — NEW YORK (AP) — BGC Group, Inc. (BGC) on Monday reported third-quarter profit of $16 million.The New York-based company said it had earnings of 3 cents per share. Earnings, adjusted for non-recurring costs, were 19 cents per share.The brokerage company posted revenue of $482.7 million in the period. Its revenue net of interest expense was $482.7 million, exceeding Street forecasts.For the current quarter ending in December, BGC Group said it expects revenue in the range of $450 million to $500 million.BGC Group shares have increased 53% since the beginning of the year. The stock has climbed 45% 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 BGC at https://www.zacks.com/ap/BGCSource

Court arguments on blocking Trump from the presidential ballot under the ‘insurrection’ clause begin

Published Wed, 19 Feb 2025 01:38:51 GMT

DENVER (AP) — The campaign to use the U.S. Constitution’s “insurrection” clause to bar former President Donald Trump from running for the White House again enters a new phase this week as hearings begin in two states on lawsuits that might end up reaching the U.S. Supreme Court.A weeklong hearing on one lawsuit to bar Trump from the ballot in Colorado begins Monday, while on Thursday oral arguments are scheduled before the Minnesota Supreme Court on an effort to kick the Republican former president off the ballot in that state.Whether the judges keep Trump on the ballot or boot him, their rulings are likely to be swiftly appealed, eventually to the U.S. Supreme Court. The nation’s highest court has never ruled on the Civil War-era provision in the 14th Amendment that prohibits those who swore an oath to uphold the constitution and then “engaged in insurrection” against it from holding higher office.“We’ve had hearings with presidential candidates debating their eli...

SJW: Q3 Earnings Snapshot

Published Wed, 19 Feb 2025 01:38:51 GMT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — SJW Corp. (SJW) on Monday reported net income of $36.2 million in its third quarter.On a per-share basis, the San Jose, California-based company said it had net income of $1.13.The parent of San Jose Water Co. posted revenue of $204.8 million in the period.SJW expects full-year earnings to be $2.65 to $2.70 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 SJW at https://www.zacks.com/ap/SJWSource

CNA Financial: Q3 Earnings Snapshot

Published Wed, 19 Feb 2025 01:38:51 GMT

CHICAGO (AP) — CHICAGO (AP) — CNA Financial Corp. (CNA) on Monday reported third-quarter net income of $258 million.On a per-share basis, the Chicago-based company said it had profit of 95 cents. Earnings, adjusted for investment costs, came to $1.06 per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share.The insurance holding company posted revenue of $3.34 billion in the period. Its adjusted revenue was $2.97 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNA at https://www.zacks.com/ap/CNASource

Check Point: Q3 Earnings Snapshot

Published Wed, 19 Feb 2025 01:38:51 GMT

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Check Point Software Technologies Ltd. (CHKP) on Monday reported third-quarter earnings of $205 million.The Tel Aviv, Israel-based company said it had profit of $1.75 per share. Earnings, adjusted for one-time gains and costs, came to $2.07 per share.The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $2.02 per share.The data security company posted revenue of $596.3 million in the period, also beating Street forecasts. Fourteen analysts surveyed by Zacks expected $591.8 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHKP at https://www.zacks.com/ap/CHKPSource

Revvity: Q3 Earnings Snapshot

Published Wed, 19 Feb 2025 01:38:51 GMT

WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Revvity, Inc. (RVTY) on Monday reported third-quarter net income of $9.5 million.On a per-share basis, the Waltham, Massachusetts-based company said it had net income of 8 cents. Earnings, adjusted for one-time gains and costs, were $1.18 per share.The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.The maker of scientific instruments posted revenue of $670.7 million in the period, which also fell short of Street forecasts. Six analysts surveyed by Zacks expected $692.2 million.Revvity expects full-year earnings in the range of $4.53 to $4.57 per share, with revenue in the range of $2.72 billion to $2.74 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RVTY at https://www.zacks.com/ap/RVTYSource

Denver weather: Clear, cold start to workweek

Published Wed, 19 Feb 2025 01:38:51 GMT

DENVER (KDVR) — Denver's weather will remain dry and cool to start the workweek. There will be plenty of sunshine, which will help melt some of the snow. Weather today: Sunny and coolIt will be a chilly but clear start to the workweek. Temperatures on Monday morning started out in the lower teens and even in the single digits for some. Colorado snow totals for Oct. 28-29 Keep those winter jackets handy for the rest of Monday, you will certainly need them. Highs will only be in the upper 30s nearing 40 degrees. Pinpoint Weather: Daily forecast on Oct. 30 Weather tonight: Cold againTemperatures will be cold yet again on Monday evening, so keep those heaters running. Lows drop down into the middle to upper teens under mostly clear skies. This will be followed by warmer high temperatures in the middle to lower 40s on Tuesday. Pinpoint Weather: Overnight lows on Oct. 30 Looking ahead: Sunshine for rest of weekTuesday brings clear skies and a cold start to the day, but sunshine will sl...

Oil prices could reach ‘uncharted waters’ if the Israel-Hamas war escalates, the World Bank says

Published Wed, 19 Feb 2025 01:38:51 GMT

WASHINGTON (AP) — The World Bank reported Monday that oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas intensifies, which could result in increased food prices worldwide.The World Bank’s Commodity Markets Outlook found that while the effects on oil prices should be limited if the conflict doesn’t widen, the outlook “would darken quickly if the conflict were to escalate.”The attack on Israel by the militant organization Hamas and the ensuing Israel military operation against Hamas have raised fears of a wider Mideast conflict.And the threat of escalation looms. Israeli tanks and infantry pushed into Gaza over the weekend as Israeli Prime Minister Benjamin Netanyahu announced a “second stage” in the war. Hamas officials have called for more regional assistance from allies, including Iran-backed Hezbollah in Lebanon.The World Bank report simulates three scenarios for the global oil supply in the event ...

Damp & Dreary Now, Chilly Halloween

Published Wed, 19 Feb 2025 01:38:51 GMT

Blah! After some of the finest weather of the year that graced us from Wednesday to Saturday, we’re certainly back to the reality of being deep into the Fall as a chilly rain overtook the area yesterday. Today, we pick up right where we left off yesterday, damp and dreary with bouts of showers and drizzle zipping across the state. Generally, expect a day of light to moderate rain as showers are in and out through the day. Even in the lulls, patchy drizzle will keep it damp. Highs generally hold between 50-55, although a few locations near the South Coast will spike to 60+ as a warm front nudges it’s way in there. We’ll start to dry it out overnight today and allow for a brighter day of Halloween. While the daytime sunshine to mainly clear evening skies and light winds are not so scary for Halloween, there will be a bit of chill in those skeleton bones as temps drip from the mid 40s around sunset to the upper 30s by the time the trick-or-treaters wrap things up. Dr...

BABC/Slades Holiday Classic schedule

Published Wed, 19 Feb 2025 01:38:51 GMT

Here is the schedule for the 27th annual BABC/Slades Holiday Classic. The event will be held at Archbishop Williams and features some of the top teams in the area as well as some top-flight out-of-state competition.Wednesday, December 2712 – Archbishop Williams vs. Springfield Central1:30 – Worcester North vs. Hillhouse (Conn.)3 – Brockton vs. Windsor (Conn.)4:30 – Burke vs. Eagle Academy (Brooklyn, N.Y.)6 – BC High vs. BrooklineThursday, December 2812 – Burke vs. Brockton1:30 – Brookline vs. Eagle Academy3 – Archbishop Williams vs. Worcester North