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Best Buy: Fiscal Q2 Earnings Snapshot

Published Mon, 23 Dec 2024 17:20:56 GMT

RICHFIELD, Minn. (AP) — RICHFIELD, Minn. (AP) — Best Buy Co. (BBY) on Tuesday reported fiscal second-quarter profit of $274 million.On a per-share basis, the Richfield, Minnesota-based company said it had profit of $1.25. Earnings, adjusted for one-time gains and costs, came to $1.22 per share.The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.The consumer electronics retailer posted revenue of $9.58 billion in the period, which also topped Street forecasts. Eleven analysts surveyed by Zacks expected $9.52 billion.Best Buy expects full-year earnings in the range of $6 to $6.40 per share, with revenue in the range of $43.8 billion to $44.5 billion.Best Buy shares have fallen nearly 8% since the beginning of the year, while the S&P’s 500 index has climbed 15%. The stock has decreased slightly in the last 12 months._____This story was generated by Automated Insights (h...

Smucker: Fiscal Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 17:20:56 GMT

ORRVILLE, Ohio (AP) — ORRVILLE, Ohio (AP) — J.M. Smucker Co. (SJM) on Tuesday reported fiscal first-quarter net income of $183.6 million.On a per-share basis, the Orrville, Ohio-based company said it had net income of $1.79. Earnings, adjusted for amortization costs and non-recurring costs, were $2.21 per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.07 per share.The food maker posted revenue of $1.81 billion in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $1.84 billion.Smucker expects full-year earnings in the range of $9.45 to $9.85 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 SJM at https://www.zacks.com/ap/SJMSource

Big Lots: Fiscal Q2 Earnings Snapshot

Published Mon, 23 Dec 2024 17:20:56 GMT

COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Big Lots Inc. (BIG) on Tuesday reported a loss of $249.8 million in its fiscal second quarter.The Columbus, Ohio-based company said it had a loss of $8.56 per share. Losses, adjusted for pretax expenses and non-recurring costs, came to $3.24 per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $4.15 per share.The discount retailer posted revenue of $1.14 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $1.1 billion.Big Lots shares have declined 57% since the beginning of the year. The stock has declined 71% 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 BIG at https://www.zacks.com/ap/BIGSource

Chico’s: Fiscal Q2 Earnings Snapshot

Published Mon, 23 Dec 2024 17:20:56 GMT

FT MYERS, Fla. (AP) — FT MYERS, Fla. (AP) — Chico’s FAS Inc. (CHS) on Tuesday reported net income of $59.3 million in its fiscal second quarter.The Ft Myers, Florida-based company said it had profit of 49 cents per share. Earnings, adjusted for pretax gains, came to 28 cents per share.The clothing chain posted revenue of $545.1 million in the period.For the current quarter ending in October, Chico’s said it expects revenue in the range of $505 million to $525 million.The company expects full-year earnings to be 87 cents to 95 cents per share, with revenue ranging from $2.15 billion to $2.17 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHS at https://www.zacks.com/ap/CHSSource

These are the most dangerous spiders in Colorado

Published Mon, 23 Dec 2024 17:20:56 GMT

DENVER (KDVR) — Spiders will be creeping into Colorado homes more frequently as the weather starts to cool down this winter. Spiders can certainly give you the creeps, but most are harmless, other than sending shivers down your spine. Thousands of tarantulas to ‘migrate’ in Colorado: Here’s where to see it Many spiders can bite, and those bites might cause irritation, but only a couple of species in Colorado are dangerous to humans, according to Colorado State University.Western black widowThe infamous black widow is the most common type of dangerous spider in Colorado, according to Colorado State University. Widow spiders are not aggressive and rarely bite. But when they do, it can be painful and potentially dangerous. CSU said the bite most often comes with an immediate prickling pain, but is sometimes unnoticeable. According to CSU, the spiders produce a toxin in their venom that targets the nervous system. Oftentimes, victims of black widow bites experience muscle and chest pa...

Eminem asks Ramaswamy to stop using his music after ‘Lose Yourself’ performance

Published Mon, 23 Dec 2024 17:20:56 GMT

(CNN) — After performing his rendition of Eminem’s “Lose Yourself” at the Iowa State Fair, Republican presidential candidate Vivek Ramaswamy has been asked by the Real Slim Shady to stand down.BMI, a performing rights organization, has informed Ramaswamy’s campaign at Eminem’s request that it will no longer license the rapper’s music for use by the campaign. In a letter to the campaign dated August 23, BMI says it “received a communication from Marshall B. Mathers, III, professionally known as Eminem, objecting to the Vivek Ramaswamy campaign’s use of Eminem’s musical compositions,” according to a copy of the letter obtained by CNN.CNN has reached out to Eminem’s representative for comment.The letter, which was first reported by the Daily Mail, was sent more than a week after Ramaswamy concluded an appearance alongside Iowa Gov. Kim Reynolds at the Iowa State Fair with an impromptu karaoke performance of the popular Eminem song, rapping along with the song’s first verse and chorus. ...

Three state troopers and trainee hit by car in Hollis, driver possibly on drugs

Published Mon, 23 Dec 2024 17:20:56 GMT

HOLLIS, Maine (WMTW) — Three Maine State Troopers and a trainee for the agency were taken to Maine Medical Center after being hit by a car in Hollis.According to the York County Sheriff’s Office, the crash happened around 11:15 p.m. Sunday alone Route 202.According to Maine State Police, troopers Jake Mowry, David Lemieux and Dakota Stewart and trooper recruit Shane St. Pierre responded to family disturbance and were conducting interviews on the side of the road in the breakdown lane.Maine’s Total Coverage spoke with one of the women involved in the disturbance who said she was the one who called 911 after getting into a fight with her sister. She said she was standing next to the troopers when they were hit.“I was standing on the back of his a trooper’s bumper when this red car comes out of nowhere, doesn’t slow down, doesn’t do anything.” said Misty Huber. “Literally two inches from hitting me, takes this guy, takes these two other c...

Police in Cyprus arrest 21 as locals and migrants clash

Published Mon, 23 Dec 2024 17:20:56 GMT

Police in Cyprus arrested 21 people on Monday amid fierce clashes between migrants and local residents in Chloraka, a village west of Nicosia. The arrests came following a second day of disturbances, after migrants held a peaceful protest to oppose violence directed against them on Sunday. Cyprus’ President Nikos Christodoulides condemned the violence in the village, adding that he had spoken to the local chief of police to stress that “ensuring public order, the sense of security of citizens is non-negotiable.”After the sit-in protest, police had to separate fighting groups of migrants and locals with teargas and water cannons. Later, flying stones and burning trash cans and cars were reported, leading to arrests. One of the 21 arrested was Greek, eight were Greek Cypriots and 12 were migrants, local media reports. There were no civilian injuries. However, one policeman was injured, a police spokesperson said. Last week, migrants were evicted from a building compl...

China behind ‘largest ever’ digital influence operation

Published Mon, 23 Dec 2024 17:20:56 GMT

People with ties to China’s law enforcement agencies conducted the largest known covert digital influence operation aimed at discrediting the West and promoting Beijing’s agenda across more than 50 social media and online platforms, according to a report published Tuesday by Meta.On Facebook, clandestine users with ties to the authoritarian government racked up more than 550,000 followers by spouting lies about the United States’ alleged role in creating the COVID-19 pandemic and criticizing Washington’s support of Taiwan.On Reddit, other China-linked keyboard warriors falsely implicated former British Prime Minister Liz Truss in the death of Queen Elizabeth II.And in multiple online forums and social media sites — including Medium, YouTube, Twitter and Quora — even more users targeted Chinese dissidents and promoted Beijing’s talking points.The campaign, which lasted over a year, garnered few, if any, eyeballs from real social media users, based on Meta̵...

State police ID man killed, driver charged in crash on I-95 in North Attleboro

Published Mon, 23 Dec 2024 17:20:56 GMT

A man is expected to be arraigned on criminal charges Tuesday in connection with a multi-vehicle crash on I-95 in North Attleboro on Monday that left one person dead and another critically injured, state police said. Troopers responding to a reported crash on the southbound side of the highway determined the crash started when two vehicles collided near Exit 7. Police said the collision sent the driver of a Cadillac, a 61-year-old Providence man, across the median before colliding with a Jaguar that was heading nortbound.The driver of the Jaguar, later identified as Randall Rickets, 58, was pronounced dead after being taken to the hospital, according to police. The driver of the Cadillac was transported to Rhode Island Hospital, where he remains in critical condition. Two occupants were also transported to Rhode Island Hospital and are in stable condition. Police say the other driver involved fled the scene.Soon after, Joseph Pompei, 50, was located by state troopers and arrested on...