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ITT: Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 13:54:41 GMT

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — ITT Corp. (ITT) on Thursday reported first-quarter earnings of $100 million.The Stamford, Connecticut-based company said it had net income of $1.20 per share. Earnings, adjusted for non-recurring gains, came to $1.17 per share.The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.The supplier of parts and services to a wide variety of industries posted revenue of $797.9 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $773.1 million.ITT expects full-year earnings in the range of $4.65 to $4.95 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 ITT at https://www.zacks.com/ap/ITTSource

BorgWarner: Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 13:54:41 GMT

AUBURN HILLS, Mich. (AP) — AUBURN HILLS, Mich. (AP) — BorgWarner Inc. (BWA) on Thursday reported first-quarter profit of $217 million.On a per-share basis, the Auburn Hills, Michigan-based company said it had net income of 93 cents. Earnings, adjusted for non-recurring costs, came to $1.09 per share.The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.The auto parts supplier posted revenue of $4.18 billion in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $4.21 billion.BorgWarner expects full-year earnings in the range of $4.60 to $5.15 per share, with revenue in the range of $17.1 billion to $17.9 billion.BorgWarner shares have risen 15% since the beginning of the year, while the S&P’s 500 index has climbed 6.5%. The stock has climbed 22% in the last 12 months._____This story was generated by Automated Insights (h...

WestRock: Fiscal Q2 Earnings Snapshot

Published Mon, 23 Dec 2024 13:54:41 GMT

ATLANTA (AP) — ATLANTA (AP) — WestRock Co. (WRK) on Thursday reported a loss of $2.01 billion in its fiscal second quarter.On a per-share basis, the Atlanta-based company said it had a loss of $7.85. Earnings, adjusted for amortization costs and restructuring costs, were 77 cents per share.The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.The paper and packaging company posted revenue of $5.28 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $5.29 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WRK at https://www.zacks.com/ap/WRKSource

Acushnet: Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 13:54:41 GMT

FAIRHAVEN, Mass. (AP) — FAIRHAVEN, Mass. (AP) — Acushnet Holdings Corp. (GOLF) on Thursday reported first-quarter earnings of $93.3 million.The Fairhaven, Massachusetts-based company said it had net income of $1.36 per share.The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.The golf products maker posted revenue of $686.3 million in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $626 million.Acushnet expects full-year revenue in the range of $2.33 billion to $2.38 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOLF at https://www.zacks.com/ap/GOLFSource

Blue Apron: Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 13:54:41 GMT

NEW YORK (AP) — NEW YORK (AP) — Blue Apron Holdings Inc. (APRN) on Thursday reported a loss of $17 million in its first quarter.On a per-share basis, the New York-based company said it had a loss of 26 cents. Losses, adjusted to extinguish debt, were 23 cents per share.The meal-kit seller posted revenue of $113.1 million in the period.The company’s shares closed at 61 cents. A year ago, they were trading at $4.27._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APRN at https://www.zacks.com/ap/APRNSource

6 soldiers killed in shootout with militants in NW Pakistan

Published Mon, 23 Dec 2024 13:54:41 GMT

ISLAMABAD (AP) — Six soldiers were killed in a shootout with militants in a former stronghold of the Pakistani Taliban near the border with Afghanistan, the military said Thursday.According to a military statement, the exchange took place in the Khyber Pakhtunkhwa province of North Waziristan, a former stronghold of the Pakistani Taliban and other militant groups. Six soldiers were “martyred” and three militants were killed, the military said.The statement provided no further details, and it was unclear who the assailants were or whether they suffered any casualties. The outlawed Pakistani Taliban, who are known as Tehrik-e-Taliban Pakistan, have a strong presence in North Waziristan and elsewhere in the region. TTP is allied with the Afghan Taliban. The 2021 Afghan Taliban takeover has emboldened the insurgents, who have stepped up attacks since then. The military in recent weeks has also carried out multiple raids on militant hideouts in the northwest, killing and arresting dozens...

Primo: Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 13:54:41 GMT

TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Primo Water Corporation (PRMW) on Thursday reported first-quarter net income of $5.8 million.The Tampa, Florida-based company said it had net income of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.The maker of pure-play water solutions posted revenue of $546.5 million in the period, which topped Street forecasts. Four analysts surveyed by Zacks expected $534 million.For the current quarter ending in June, Primo said it expects revenue in the range of $575 million to $595 million.The company expects full-year revenue in the range of $2.3 billion to $2.35 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRMW at htt...

Denver weather: Cloudy with spotty afternoon showers

Published Mon, 23 Dec 2024 13:54:41 GMT

DENVER (KDVR) — Scattered showers linger over the higher elevations Thursday with afternoon and evening rain chances along the Front Range in the Denver weather forecast.Weather today: Mild with afternoon showersExtra clouds stick around the state as rain showers move closer. Did you know you could get caught speeding by an aircraft? Highs still reach the low 70s Thursday before some afternoon showers slide in. It won't be a washout but Denver could see a flash of light or hear a rumble of thunder.Pinpoint Weather: Daily forecast on May 4.Weather tonight: Clearing skies, comfyShowers wrap up in the late evening with slow-clearing skies overnight Thursday. Overnight lows will dip into the lower 40s with a light wind.Pinpoint Weather: Overnight forecast on May 4.Looking ahead: Staying mild with scattered showersFriday has more sunshine as highs top out in the mid-70s. There is a minimal chance of a shower on Friday afternoon. Snow melt causing flood concerns in northwest Colorad...

Nabisco brings back s’mores-flavored Oreos, now known as S’moreos!

Published Mon, 23 Dec 2024 13:54:41 GMT

It’s been two years since Nabisco introduced the mouth-watering S’mores flavored Oreos as a limited edition treat, and fans have been clamoring for their return ever since. Well, the wait is finally over as the company announced that the cookies are making a comeback on Monday, this time with a fun new name – S’moreos! View this post on Instagram A post shared by OREO (@oreo)For those who missed out on the original release, S’moreos is a twist on the classic Oreo cookie. Instead of the usual chocolate cookie and vanilla creme filling, the S’moreos have a graham-flavored cookie base and a filling consisting of two layers of marshmallow and chocolate-flavored creme. The result is a cookie that tastes just like the classic campfire treat, without the need for a fire.The decision to rename the beloved treat came from the fans themselves, who took to social media with suggestions. Nabisco listened and decided to run with the nam...

Zelenskyy in The Hague: It’s Putin we really want to see here

Published Mon, 23 Dec 2024 13:54:41 GMT

Russia’s President Vladimir Putin should be tried in The Hague for war crimes, Ukrainian leader Volodymyr Zelenskyy said during a surprise visit to the Netherlands.“We all want to see a different Vladimir here in The Hague,” Zelenskyy said. “The one who deserves to be sentenced for these criminal actions right here, in the capital of international law.”The Ukrainian president spoke in The Hague, where he traveled unexpectedly Thursday. He is expected to meet Dutch Prime Minister Mark Rutte and Belgian Prime Minister Alexander De Croo later in the day.In March, the Hague-based International Criminal Court (ICC) issued an international arrest warrant against Putin over the forced deportation of Ukrainian children to Russia following the Kremlin’s full-scale invasion of Ukraine.Moscow has previously said it did not recognize the court’s authority, but the warrant means that the ICC’s 123 member countries are required to arrest Putin i...