Home

Interface: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 16:53:55 GMT

ATLANTA (AP) — ATLANTA (AP) — Interface Inc. (TILE) on Friday reported net income of $15.8 million in its second quarter.On a per-share basis, the Atlanta-based company said it had net income of 27 cents. Earnings, adjusted for one-time gains and costs, were 25 cents per share.The carpet tile company posted revenue of $329.6 million in the period.For the current quarter ending in September, Interface said it expects revenue in the range of $320 million to $330 million.The company expects full-year revenue in the range of $1.29 billion to $1.31 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TILE at https://www.zacks.com/ap/TILESource

Divisive influencer Andrew Tate wins appeal in Romanian court to be released from house arrest

Published Mon, 16 Dec 2024 16:53:55 GMT

BUCHAREST, Romania (AP) — Divisive influencer Andrew Tate wins appeal in Romanian court to be released from house arrest.Source

Underwhelming U.S. team slumps into Women’s World Cup knockout game against familiar foe

Published Mon, 16 Dec 2024 16:53:55 GMT

MELBOURNE, Australia (AP) — Frequent rivals Sweden and the United States will meet meet once again at the Women’s World Cup, but this time the stakes are tremendously higher. The two-time defending champion Americans are struggling heading into the round of 16 match on Sunday against the Swedes, who they have played often in both the World Cup and the Olympics. “We always find a way to play them in these big tournaments, so we know they’re a very good team. Every time that we play them it’s a massive battle,” U.S. captain Lindsey Horan said ahead of the match in Melbourne, Australia. The United States is vying for an unprecedented third consecutive World Cup title, but skirted into the knockout round with only one win in group play. The Americans were nearly eliminated by Portugal on Tuesday — a stoppage time blast from Ana Capeta hit the post to preserve a 0-0 draw that pushed the Americans through. The United States looks nothing like the team that won the 2015 a...

Magna: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 16:53:55 GMT

AURORA, Ontario (AP) — AURORA, Ontario (AP) — Magna International Inc. (MGA) on Friday reported second-quarter profit of $339 million.On a per-share basis, the Aurora, Ontario-based company said it had net income of $1.18. Earnings, adjusted for non-recurring costs and pretax expenses, came to $1.50 per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.The automotive supply company posted revenue of $10.98 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $10.2 billion.Magna expects full-year revenue in the range of $41.9 billion to $43.5 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGA at https://www.zacks.com/ap/MGASource

RLJ Lodging: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 16:53:55 GMT

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — RLJ Lodging Trust (RLJ) on Thursday reported a key measure of profitability in its second quarter. The results topped Wall Street expectations.The Bethesda, Maryland-based real estate investment trust said it had funds from operations of $87.8 million, or 56 cents per share, in the period.The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 53 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 net income of $35.1 million, or 22 cents per share.The hotel real estate investment trust, based in Bethesda, Maryland, posted revenue of $357 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $358.3 million.For the current quarter ending in September, RLJ Lodging expects its per-share funds from operations ...

Niger junta revokes military pacts with France

Published Mon, 16 Dec 2024 16:53:55 GMT

Niger putschists said Thursday they will end military cooperation deals with France, dealing a major blow to French efforts to combat terrorism in the Sahel region. Junta representative Amadou Abdramane late on Thursday read on national television a decision to revoke five military deals with France dating between 1977 and 2020, Reuters reported. France has about 1,500 troops in Niger under bilateral agreements between the two countries to fight Islamist terrorism in the Sahel region. The U.S. also has about 1,100 troops in the country and has spent $500 million to train and arm the Nigerien armed forces since 2012.The announcement comes a little over a week after a military coup ousted the country’s democratically elected President Mohamed Bazoum, who is currently under detention.The coup and subsequent revocation of military pacts have dealt a significant setback to the West and in particular to France and the U.S. as both countries consider Niger to be a strategic country and a ...

London’s Sadiq Khan moves to soften impact of clean air plan after backlash

Published Mon, 16 Dec 2024 16:53:55 GMT

LONDON — Mayor of London Sadiq Khan moved to soften the impact of a city-wide emissions reduction scheme after a voter backlash saw the Labour Party fail to make a gain at a crucial by-election.The Ultra Low Emission Zone (ULEZ) — which costs drivers of polluting vehicles £12.50 a day to enter — is set to expand to cover the whole of London from 29 August in a bid to tackle the city’s air pollution problem. Khan, Labour’s London mayor, on Friday launched a new £50 million fund intended to ease the impact of the scheme’s expansion on drivers.The funding means all Londoners with non-compliant cars and motorbikes will be eligible for £2,000 towards a new less-polluting vehicle, while businesses will receive a scrappage fee for vans of up to £7,000. In his announcement, Khan noted that 90 percent of cars driven in outer London are currently ULEZ-compliant, but said he was “determined to ensure no Londoner and no small business is left behind.”The expansion o...

Box truck on Storrow Drive strikes BU Bridge, causing lane closure

Published Mon, 16 Dec 2024 16:53:55 GMT

A box truck got stuck on Boston’s Storrow Drive Thursday night after it struck the BU Bridge. MassDOT shared a message on social media announcing the crash shortly after 10:30 p.m. The truck involved was traveling westbound at the time and was later seen with its roof peeled off after going under the bridge.The right westbound lane of Storrow Drive was closed as crews cleaned up. . Outside Boston, in Westboro, another truck struck an MBTA rail bridge over Route 30 earlier Thursday afternoon. Route 30 in the area was limited to one lane due to the crash, which left the truck with visible damage. “Expect delays,” the Westboro Fire Department warned in a social media post around 2 p.m.

Investigation underway after open door spotted on moving MBTA Commuter Rail train

Published Mon, 16 Dec 2024 16:53:55 GMT

An investigation got underway this week after a door was seen wide open on a moving MBTA Commuter Rail train. The train was reportedly traveling between JFK/UMass station and Quincy Center on Wednesday afternoon. A spokesperson for Keolis, which operates the T’s Commuter Rail system, said the incident was under investigation as of late Thursday morning. The spokesperson continued in a statement, saying passengers should not open any doors on Commuter Rail trains and never stand in a train vestibule. “If a passenger notices that a door is open, they should notify a crew member,” the spokesperson said.

Patriots extra points: Undrafted rookie learning second new position

Published Mon, 16 Dec 2024 16:53:55 GMT

FOXBORO — The last time Patriots rookie Malik Cunningham tried to make a tackle, it didn’t go so well.Cunningham, a college quarterback who switched to wide receiver upon signing with the Patriots as an undrafted free agent, will need to work on those skills. The 6-foot-1, 198-pound Louisville product, is working on another new position, gunner, in training camp. He said the last time he tried to make a tackle was after throwing an interception in college.“I tried to tackle somebody and two linemen pancaked me,” he said.Related ArticlesNew England Patriots | Patriots open second roster spot by waiving injured linebacker New England Patriots | Patriots training camp Day 9: Jack Jones stops practicing, Mac Jones keeps rolling, Kendrick Bourne catches on New England Patriots | How Julian Edelman is helping Patriots QB Mac Jones in ‘interesting’ way New England Patriots | Mac Jones ensuring th...