Intevac: Q4 Earnings Snapshot
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Intevac Inc. reported a loss of $1.8 million in its fourth quarter, with a loss of 7 cents per share. The company posted revenue of $12.9 million in the period. For the year, Intevac reported a loss of $12.2 million, or 47 cents per share, with revenue reported as $52.7 million.
Allegiant Travel: Q4 Earnings Snapshot
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Allegiant Travel Co. (ALGT) reported a Q4 loss of $2 million, with a loss of 13 cents per share. Adjusted earnings were 11 cents per share, beating Wall Street expectations. Revenue for the period was $611 million, exceeding forecasts. For the year, the company reported a profit of $117.6 million, with revenue of $2.51 billion. Allegiant Travel shares have dropped nearly 8% since the beginning of the year. In the last 12 months, shares have dropped 24%. The article was generated by Automated Insights using data from Zacks Investment Research.
Congo forward Cédric Bakambu spotlights armed violence in his country while playing at Africa Cup
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Congo forward Cédric Bakambu is using his platform at the Africa Cup of Nations to bring attention to the armed violence in the east of Congo. Bakambu highlighted the human rights abuses in Congo and called for the world to put the same energy into addressing the situation as they do for the Africa Cup. Eastern Congo has been plagued by armed violence for decades, with over 120 groups fighting for power and resources. The conflict escalated in late 2021 when the rebel group M23 resurfaced and initiated attacks. Bakambu mentioned that he tries to help locally in Congo through his foundation, but acknowledges that it will never be enough. Congo will face Ivory Coast in the Africa Cup semifinals, with the winner advancing to the final against Nigeria or South Africa. The Leopards had not won a game in regulation time until their quarterfinal victory over Guinea. Congo has won two Africa Cup titles, with the last one in 1974.
#CédricBakambu #AfricaCupOfNations #ArmedViolence #HumanRightsAbuses #Congo #M23 #IvoryCoast #Nigeria #SouthAfrica
Kimball Electronics: Fiscal Q2 Earnings Snapshot
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Kimball Electronics Inc. (KE) reported earnings of $8.3 million in its fiscal second quarter, with a profit of 33 cents per share. The company, based in Jasper, Indiana, posted revenue of $421.2 million in the period.
Cabot: Fiscal Q1 Earnings Snapshot
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Cabot Corp. reported fiscal first-quarter earnings of $50 million, with net income of 88 cents per share. Earnings, adjusted for non-recurring costs, came to $1.56 per share. The chemical company posted revenue of $958 million in the period. Cabot shares have fallen 15% since the beginning of the year. In the last 12 months, shares declined slightly more than 6%. This story was generated by Automated Insights using data from Zacks Investment Research.
FMC: Q4 Earnings Snapshot
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FMC Corp. reported fourth-quarter earnings of $1.1 billion, with net income of $8.77 per share. The results fell short of Wall Street expectations, with analysts estimating earnings of $1.09 per share. Revenue for the period was $1.15 billion, missing forecasts of $1.25 billion. For the year, FMC reported a profit of $1.32 billion, or $10.53 per share, with revenue of $4.49 billion. FMC expects per-share earnings of 21 cents to 43 cents for the current quarter ending in March, with revenue in the range of $925 million to $1.08 billion. Full-year earnings are projected to be in the range of $3.23 to $4.41 per share, with revenue ranging from $4.5 billion to $4.7 billion.
#FmcCorp. #Earnings #FinancialResults
Rafael Nadal, Novak Djokovic, Jannik Sinner and others set for Saudi Arabia exhibition
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Rafael Nadal, Novak Djokovic, Carlos Alcaraz, and Jannik Sinner will participate in a tennis exhibition event in Saudi Arabia in October. The event, called the '6 Kings Slam,' will also feature Daniil Medvedev and Holger Rune. Djokovic holds the men's record with 24 Grand Slam titles, followed by Nadal with 22. Alcaraz has two, and Sinner and Medvedev have one each. Nadal was recently announced as an ambassador for the Saudi Tennis Federation. The ATP men's tour moved its annual tournament for players under 21 to Jedda, and the WTA women's tour is in negotiations to hold its season-ending championship in Saudi Arabia.
With 7 matches for the 2026 World Cup, Boston expecting huge economic boost
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Boston officials are excited about hosting seven matches for the 2026 World Cup, which will provide a significant economic boost to the city. The matches will be played at Gillette Stadium in the Boston suburb of Foxborough and will include five group stage matches, one match in the round of 32, and a quarterfinal match on July 9, 2026. Hosting the World Cup is projected to generate $400 million in spending for the city. The tournament will also benefit soccer in the region and solidify Boston and Massachusetts as soccer hotbeds in the United States. FIFA expanded the World Cup from 32 to 48 nations and increased the number of matches from 64 to 104. The U.S. team will train in suburban Atlanta and open at SoFi Stadium in Inglewood, California, on June 12, 2026.
#2026WorldCup #Boston #Economy #GilletteStadium #Soccer
France's foreign ministry has summoned Russia's ambassador over French aid workers killed in Ukraine
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The French government summoned Russia’s ambassador for talks over the killing of two French citizens working for NGOs in Ukraine. The humanitarian workers were killed in Russian strikes near the front line of fighting in Ukraine. French President Emmanuel Macron denounced the attack as 'cowardly and outrageous.' French Prime Minister Gabriel Attal pledged to amplify arms shipments to Ukraine. France's government has accused Russia of operating a long-running disinformation campaign targeting France and spreading false information about the war in Ukraine.
#France #Russia #Ukraine #AidWorkers #Ngos #Diplomacy
A Chicago children's hospital has taken its networks offline after a cyberattack
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Lurie Children’s Hospital in Chicago has taken its networks offline after a cyberattack, limiting access to medical records and communication. The hospital has not confirmed the cause of the attack but it has the hallmarks of a ransomware attack. The hospital initially described the issue as a network outage but later stated that it was a response to a 'cybersecurity matter'. The hospital is working with law enforcement agencies and leading experts to investigate the attack. The attack has disrupted patient care and access to digital medical records for both the hospital and pediatrician practices in the area. The hospital has set up a separate call center for patients to get prescriptions refilled or ask non-urgent questions about care or appointments.
#Cyberattack #Hospital #Networks #MedicalRecords #Communication #Ransomware #Investigation #PatientCare #DigitalMedicalRecords #CallCenter
Witt and Royals agree on an 11-year deal worth about $291 million guaranteed, AP source says
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The Kansas City Royals and star shortstop Bobby Witt Jr. have agreed to an 11-year contract worth about $291 million guaranteed. The deal includes three years of team options that could drive the value to about $377 million and keep Witt in Kansas City through the 2037 season. Witt's guarantee salary would make it the 16th largest deal in Major League Baseball history and the second-biggest pre-arbitration extension. Witt became the first Royals player to enter the 30-30 club last year, hitting 30 homers and stealing 49 bases. The Royals have spent over $100 million in free agency this offseason. The team plans to hold a news conference to discuss the contract, which is the longest and richest in club history.
#KansasCityRoyals #BobbyWittJr. #Mlb #Contract #Baseball
Loews: Q4 Earnings Snapshot
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Loews Corp. reported earnings of $446 million in its fourth quarter, with a profit of $1.99 per share. The company posted revenue of $4.26 billion in the period. For the year, Loews Corp. reported a profit of $1.43 billion, or $6.29 per share, with revenue reported as $15.9 billion.
Americans have saddled themselves with credit card debt. Now renters and the poor are falling behind
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Lower- and middle-income Americans, particularly renters, are falling behind on their debts and facing financial stress due to credit card debt and inflation. Americans held over $1.05 trillion on their credit cards in Q3 2023, a record high. Credit card delinquency rates and charge-off rates are now well above 2019 levels and expected to keep climbing. The average interest rate on a bank credit card is roughly 21.5%, the highest since 1994. Renters have been hit hard by inflation, with the median rent for a property with up to two bedrooms increasing from $1,424 to $1,713. The recent reintroduction of student loan payments could further impact the ability of lower-income customers to repay their debts. Banks are being more conservative in giving out loans, making it less likely for Americans to refinance their high credit card bills into lower interest loans. Economists see rising delinquencies as a growing risk to the economy, especially if student loans become too burdensome for younger Americans.
#CreditCardDebt #Renters #FinancialStress #Inflation #DelinquencyRates #InterestRates #StudentLoans
D.C.-area forecast: A mild week with showers possible Friday and Sunday
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The first full week of February in the Washington region will see highs in the 50s and possibly reach the 60s this weekend. There is a chance of rain on Friday and Sunday, but nothing significant. Today will be mostly sunny with highs ranging from 46 to 52. Tomorrow will be a second straight day of sunshine with highs in the mid- to upper 40s. Wednesday and Thursday will have sunny skies and milder temperatures, with highs reaching the upper 40s and low 50s. On Friday, there is a chance of showers with highs in the mid-50s. Saturday looks mostly dry and mild with highs potentially reaching 60 or even 65. Sunday may bring a storm system with clouds, a chance of rain, and lower temperatures. The Washington region typically experiences snowfall during this week, but this year will be snowless.
#Weather #Forecast #WashingtonD.c. #Rain #Snow
https://www.washingtonpost.com/weather/2024/02/05/dc-forecast-mild-week-snowless/
Moss and the Toledo Rockets visit conference foe Eastern Michigan
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Ra’Heim Moss and the Toledo Rockets will face Tyson Acuff and the Eastern Michigan Eagles in a MAC conference game on Tuesday. The Eagles have a 7-4 record on their home court and a 4-8 record against teams over .500. The Rockets are 8-2 against MAC opponents and have a 3-2 record in games decided by 3 points or fewer. Eastern Michigan shoots 43.3% from the field, while Toledo allows opponents to shoot 48.4%. Toledo shoots at a 47.9% rate, while opponents of Eastern Michigan shoot 46.3%. This is the first meeting between the two teams in conference play this season. Top performers include Acuff, who is averaging 20.8 points per game for the Eagles, and Lovejoy, who is averaging 10.4 points over the last 10 games. Moss is averaging 16.3 points, 5.5 rebounds, and 1.5 steals for the Rockets, while Maddox Jr. is averaging 16.0 points over the last 10 games. In their last 10 games, the Eagles have a 2-8 record, averaging 65.1 points per game, while the Rockets have an 8-2 record, averaging 79.4 points per game. The game will take place in Ypsilanti, Michigan on Tuesday at 7 p.m. EST.
Boise State visits Colorado State after Degenhart's 29-point game
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Boise State Broncos (16-6, 7-2 MWC) will visit the Colorado State Rams (17-5, 5-4 MWC) in Fort Collins, Colorado on Tuesday at 9 p.m. EST. Boise State is coming off a 94-56 win over the Air Force Falcons, with Tyson Degenhart scoring 29 points. The Rams have an 11-1 record on their home court and average 79.8 points per game while outscoring opponents by 10.3 points. Colorado State shoots 50.4% from the field, which is 7.3 percentage points higher than what Boise State allows. Boise State averages 6.0 more points per game than Colorado State gives up. Key performers include Isaiah Stevens and Nique Clifford for the Rams, and Tyson Degenhart and O'Mar Stanley for the Broncos. In their last 10 games, the Rams have a 6-4 record and average 76.0 points per game, while the Broncos have an 8-2 record and average 75.9 points per game.
Militants attack police station in northwestern Pakistan, killing at least 10 officers
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Militants armed with rockets, guns, and grenades attacked a police station in Dera Ismail Khan, Pakistan, killing 10 officers and injuring 6 others. The attack is the deadliest this year in the Khyber Pakhtunkhwa province. No group has claimed responsibility yet. This comes two months after a suicide bombing in the same district killed 23 troops. The attack was claimed by Tehreek-e-Jihad Pakistan, believed to be an offshoot of the Pakistani Taliban. The military and local police officials killed 27 insurgents in multiple operations following the December attack. The latest attack occurred ahead of parliamentary elections and follows a recent attack in Baluchistan province. Pakistan has seen a surge in militant attacks, with many occurring in Khyber Pakhtunkhwa. Dera Ismail Khan is near South Waziristan, a former militant sanctuary where the army conducted multiple operations after a 2014 attack on an army-run school that killed over 150 people, mostly children.
#Pakistan #Militants #PoliceStation #Attack #Taliban
NASCAR moves Clash to Saturday night because of California weather concerns
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NASCAR moved The Clash at the Coliseum to Saturday night due to inclement weather forecasted for Sunday. All heat races were canceled and the 23-car field will be set by speeds in one single practice session. The race will begin at 5 p.m. and be televised on FS1. Spectators on Saturday were already being admitted for free. NASCAR said it would contact Sunday ticket holders and prepaid parking will be fully refunded.
#Nascar #ClashAtTheColiseum #California #WeatherConcerns
For the first time, an Irish nationalist will lead Northern Ireland's government
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Michelle O’Neill, an Irish nationalist, has become Northern Ireland's first minister, marking a historic moment for nationalists. O’Neill, a member of Sinn Fein, was named first minister in the government that shares power equally between British unionists and Irish nationalists. She will share power with deputy first minister Emma Little-Pengelly from the Democratic Unionist Party. O’Neill's nomination is seen as highly symbolic for nationalists, as Northern Ireland was established as a unionist, Protestant-majority part of the U.K. in 1921. The government returned to work after a two-year boycott by unionists. O’Neill's party captured more seats in the Northern Ireland Assembly in the 2022 elections. The government business had come to a halt after the DUP walked out to protest trade issues related to Brexit. O’Neill, who was born in the Republic of Ireland but raised in the north, comes from a family with links to the militant Irish Republican Army. She has been criticized for attending events commemorating the IRA but has emphasized the importance of the Good Friday Agreement. The U.S. President welcomed the restoration of the Northern Ireland executive and assembly. The return to government came exactly two years after a DUP boycott over a dispute about trade restrictions for goods coming into Northern Ireland from Great Britain. The U.K. government agreed to new changes that would eliminate routine checks and paperwork for most goods entering Northern Ireland. The U.K. government also agreed to give Northern Ireland more than 3 billion pounds ($3.8 billion) for its public services once the Belfast government is back up and running.
#NorthernIreland #IrishNationalist #Government #SinnFein #GoodFridayAgreement #DemocraticUnionistParty #Brexit
Leons scores 23 as Bradley takes down Illinois State 73-60
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Malevy Leons scored 23 points in Bradley's 73-60 victory over Illinois State. Leons shot 8 for 10 (4 for 5 from 3-point range) and 3 of 4 from the free throw line. Darius Hannah finished with 18 points, Connor Hickman and Demarion Burch both added 10 points for Bradley. Malachi Poindexter had 16 points and Myles Foster added 10 points for Illinois State.
#Bradley #IllinoisState #Basketball #CollegeSports