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Disney: Fiscal Q2 Earnings Snapshot

Published Wed, 05 Mar 2025 19:28:42 GMT

BURBANK, Calif. (AP) — BURBANK, Calif. (AP) — The Walt Disney Co. (DIS) on Wednesday reported fiscal second-quarter profit of $1.27 billion.On a per-share basis, the Burbank, California-based company said it had net income of 69 cents. Earnings, adjusted for non-recurring costs, were 93 cents per share.The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.The entertainment company posted revenue of $21.82 billion in the period, which met Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DIS at https://www.zacks.com/ap/DISSource

SLR Investment: Q1 Earnings Snapshot

Published Wed, 05 Mar 2025 19:28:42 GMT

NEW YORK (AP) — NEW YORK (AP) — SLR Investment Corp. (SLRC) on Wednesday reported first-quarter earnings of $6.8 million.On a per-share basis, the New York-based company said it had net income of 13 cents. Earnings, adjusted for investment costs, were 41 cents per share.The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.The business development company posted revenue of $53.5 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $55.5 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLRC at https://www.zacks.com/ap/SLRCSource

Traeger: Q1 Earnings Snapshot

Published Wed, 05 Mar 2025 19:28:42 GMT

SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Traeger Inc. (COOK) on Wednesday reported first-quarter earnings of $8 million.On a per-share basis, the Salt Lake City-based company said it had net income of 7 cents. Earnings, adjusted for one-time gains and costs, were 4 cents per share.The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.The barbecue grill maker posted revenue of $153.2 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $151.5 million.Traeger expects full-year revenue in the range of $560 million to $590 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COOK at https://www.zacks.com/ap/COOKSource

California’s Feinstein returns to Senate after monthslong absence

Published Wed, 05 Mar 2025 19:28:42 GMT

WASHINGTON (AP) — California Sen. Dianne Feinstein returned to the Senate on Wednesday after a two-and-a-half-month absence due to illness, giving majority Democrats a much-needed final vote as they seek to confirm President Joe Biden’s nominees and raise the nation’s debt ceiling in the coming weeks.Looking noticeably thinner and frail, Feinstein is using a wheelchair to get around the Capitol as she continues to recover from a case of shingles. She missed the Senate’s first votes on Wednesday morning but arrived outside the Senate in a car for an afternoon vote, helped into the wheelchair by aides and greeted by Senate Majority Leader Chuck Schumer with a handshake and affectionate pat on the back.In a statement, Feinstein, 89, said she was continuing to recover from side effects of the shingles virus and would work a reduced schedule. While she had returned to Washington on Tuesday, she missed a vote on Tuesday evening and two votes on Wednesday morning before returning for the a...

Airbnb, Twilio fall; Rivian, Exact Sciences rise

Published Wed, 05 Mar 2025 19:28:42 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:Airbnb Inc., down $13.88 to $113.19.The short-term rental giant gave investors a disappointing forecast for bookings in the second quarter.Occidental Petroleum Corp., down $2.11 to $56.85.The oil company once owned by famed industrialist Armand Hammer reported weak first-quarter profit and revenue.Akamai Technologies Inc., up $6.66 to $85.54.The cloud services provider reported encouraging first-quarter earnings and revenue.Rivian Automotive Inc., up 25 cents to $14.11.The electric vehicle maker beat analysts’ first-quarter earnings forecasts.Exact Sciences Corp., up $7.73 to $78.73.The molecular diagnostics company raised its sales forecast for the year.Twilio Inc., down $7.08 to $48.92.The communications software company gave investors a weak sales forecast for this quarter.Toast Inc., up $1.66 to $21.12.The provider of point-of-sale software to restaurants gave Wall Steet an encouraging re...

How major US stock indexes fared Wednesday 5/10/2023

Published Wed, 05 Mar 2025 19:28:42 GMT

Wall Street closed slightly higher after a report showed inflation is making strides toward easing, even if it remains too high. The S&P 500 rose 0.4% Wednesday after swinging between gains and losses throughout the day. The Dow ended just barely lower, while the Nasdaq composite gained ground. Bond prices climbed after the highly anticipated report said inflation at the consumer level slowed last month. That pushed investors to bolster bets that the Federal Reserve will stop hiking interest rates in June and give the economy some breathing room. Gains for tech stocks and others that benefit from easing rates did the heaviest lifting.On Wednesday:The S&P 500 rose 18.47 points, or 0.4%, to 4,137.64.The Dow Jones Industrial Average fell 30.48 points, or 0.1%, to 33,531.33.The Nasdaq composite rose 126.89 points, or 1% to 12,306.44.The Russell 2000 index of smaller companies rose 9.83 points, or 0.6%, to 1,759.51.For the week:The S&P 500 is up 1.39 points, or less than 0.1%...

Kura Oncology: Q1 Earnings Snapshot

Published Wed, 05 Mar 2025 19:28:42 GMT

SAN DIEGO (AP) — SAN DIEGO (AP) — Kura Oncology Inc. (KURA) on Wednesday reported a loss of $34.1 million in its first quarter.The San Diego-based company said it had a loss of 50 cents per share.The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 54 cents 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 KURA at https://www.zacks.com/ap/KURASource

Multiple tornado warnings in effect: Live updates

Published Wed, 05 Mar 2025 19:28:42 GMT

DENVER (KDVR) -- Severe weather is hitting the Denver area Wednesday afternoon and is expected throughout the evening on this Pinpoint Weather Alert Day. Live weather radar mapWatches and warnings: Full listLatest Pinpoint Weather forecastThe Pinpoint Weather team and FOX31 crew are covering weather around the Denver area. Live updates will be posted here and you can watch coverage on FOX31.Live updates

How you can prepare before hail falls

Published Wed, 05 Mar 2025 19:28:42 GMT

DENVER (KDVR) -- Severe weather is in the forecast for Denver and the Eastern Plains. Wednesday is a Pinpoint Weather Alert Day. If you are wondering what you can do to prepare for the possibility of hail, we have you covered."If you are able to, today would be a good day to park your vehicle in a sheltered location and bring valuable objects/plants indoors if possible, just in case," the National Weather Service said on Twitter. Tornado watch around Denver, plains: Live updates What to do before hail fallsBut what if you can't park your vehicle in a sheltered location? There are other options.Here are some things you should and shouldn't do:AAA Colorado said if you don't have a place to park your car, avoid parking it under a tree.“People who live in the city will tell me, ‘Oh well, I have a good tree I know I can park under safely,'” said Skyler McKinley of AAA Colorado. “That’s the exact opposite advice,” he says. Branches often fall during hail storms. McKinley recommends maki...

Crews battling fire at 2 Sunrise homes

Published Wed, 05 Mar 2025 19:28:42 GMT

Firefighters are battling fierce flames in a Sunrise neighborhood affecting two homes.7Skyforce hovered above the scene of the blaze in the area of Northwest 62nd Terrace and 26th Street, just after 5:30 p.m., Wednesday.According to officials, a fire broke out in a shed and spread to two homes.Flames were seen at one of the houses, as heavy smoke billowed into the sky.Everyone inside the properties was evacuated safely.Crews have shut down part of the street near the houses as they continue their efforts to put out the flames.Please check back on WSVN.com and 7News for more details on this breaking story.