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Carrier Global: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 05:53:00 GMT

PALM BEACH GARDENS, Fla. (AP) — PALM BEACH GARDENS, Fla. (AP) — Carrier Global Corporation (CARR) on Thursday reported second-quarter profit of $199 million.The Palm Beach Gardens, Florida-based company said it had net income of 23 cents per share. Earnings, adjusted for one-time gains and costs, were 79 cents per share.The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.The company posted revenue of $5.99 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $5.77 billion.Carrier Global expects full-year earnings in the range of $2.55 to $2.65 per share.Carrier Global shares have risen 32% since the beginning of the year. The stock has increased 43% 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 C...

CMS Energy: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 05:53:00 GMT

JACKSON, Mich. (AP) — JACKSON, Mich. (AP) — CMS Energy Corp. (CMS) on Thursday reported second-quarter earnings of $198 million.On a per-share basis, the Jackson, Michigan-based company said it had net income of 67 cents. Earnings, adjusted for one-time gains and costs, were 75 cents per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.The energy company posted revenue of $1.56 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $2.01 billion.CMS Energy expects full-year earnings in the range of $3.06 to $3.12 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 CMS at https://www.zacks.com/ap/CMSSource

Northrop Grumman: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 05:53:00 GMT

FALLS CHURCH, Va. (AP) — FALLS CHURCH, Va. (AP) — Northrop Grumman Corp. (NOC) on Thursday reported second-quarter net income of $812 million.On a per-share basis, the Falls Church, Virginia-based company said it had profit of $5.34.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.31 per share.The defense contractor posted revenue of $9.58 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $9.32 billion.Northrop Grumman expects full-year earnings in the range of $22.45 to $22.85 per share, with revenue in the range of $38.4 billion to $38.8 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOC at https://www.zacks.com/ap/NOCSource

Wex: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 05:53:00 GMT

SOUTH PORTLAND, Maine (AP) — SOUTH PORTLAND, Maine (AP) — Wex Inc. (WEX) on Thursday reported second-quarter net income of $95.3 million.On a per-share basis, the South Portland, Maine-based company said it had net income of $2.20. Earnings, adjusted for one-time gains and costs, came to $3.63 per share.The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.51 per share.The provider of fuel payment processing for fleet vehicles posted revenue of $621.3 million in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $620.6 million.For the current quarter ending in September, Wex expects its per-share earnings to range from $3.65 to $3.75.The company said it expects revenue in the range of $629 million to $639 million for the fiscal third quarter.Wex expects full-year earnings in the range of $14.15 to $14.35 per share, with revenue ranging from $2.5 billion to $2....

Mobileye: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 05:53:00 GMT

JERUSALEM (AP) — JERUSALEM (AP) — Mobileye Global Inc. (MBLY) on Thursday reported a loss of $28 million in its second quarter.On a per-share basis, the Jerusalem-based company said it had a loss of 4 cents. Earnings, adjusted for one-time gains and costs, came to 17 cents per share.The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.The maker of driver-assistance systems and autonomous driving technologies posted revenue of $454 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $452.6 million.Mobileye expects full-year revenue in the range of $2.07 billion to $2.11 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBLY at https://www.zacks.com/ap/MBLYSource

Are tickets still available for Jason Aldean's Denver show?

Published Wed, 26 Feb 2025 05:53:00 GMT

DENVER (KDVR) — Country music star Jason Aldean has recently made national headlines for his music video for “Try That In A Small Town.” And in just two months, he will be hitting the stage at Ball Arena.According to the Associated Press, Aldean's music video only lasted one weekend on Country Music Television before the network pulled it. The video has received criticism online after the musician was seen performing in front of the Maury County Courthouse in Columbia, Tennessee. This is the site of the 1946 Columbia race riot and the 1927 mob lynching of an 18-year-old Black teenager named Henry Choate. Country star Jason Aldean ends concert early after suffering heatstroke mid-performance Despite the controversy, "Try That in a Small Town” has continued to shoot up the charts and debuted at No. 2 on the Billboard Hot 100. The track experienced the biggest sales week for a country song in over 10 years.While many have been talking about Aldean's song and music video, the country...

Mattel plans to go all in on Barbie for Christmas

Published Wed, 26 Feb 2025 05:53:00 GMT

New York (CNN) — Mattel, riding high on the pink wave of the box office success of the “Barbie” movie, plans to go all in to deliver a Barbie kind of Christmas this year.The “Barbie” movie, from director Greta Gerwig, scored the largest opening weekend of 2023, pulling in $155 million domestically over its US opening weekend and $337 million globally.“Barbie” is produced by Warner Bros. Pictures, which is owned by CNN’s parent company, Warner Bros. Discovery.Mattel CEO Ynon Kreiz declared the movie was more than a theatrical spectacle. “This was about creating a cultural event and leveraging our brands in a way that we’ve never done before,” he told analysts Wednesday during the company’s most recent earnings call.As the movie continues to build momentum, including resonating strongly with international moviegoers and “bringing more male audiences” to see it, Kreiz said the toymaker has big plans to stretch the Barbie halo effect well beyond just the movie.Most important for Mattel ...

Wagner boss Prigozhin spotted at Russia-Africa summit

Published Wed, 26 Feb 2025 05:53:00 GMT

Wagner chief Yevgeny Prigozhin has been photographed at a Russia-Africa summit in St. Petersburg, appearing on the sidelines of the event hosted by President Vladimir Putin just a month after launching a failed mutiny. In two pictures circulated on social media Thursday, Prigozhin is shown wearing casual jeans and a white shirt, smiling as he presses the flesh with visiting officials.In the first picture, posted to Facebook by an Africa-based aide, Prigozhin shakes hands with a suited-up African delegate. According to the watchdog All Eyes on Wagner, the African official is chief of protocol to Faustin Touadera, the president of the Central African Republic. Hundreds of Wagner mercenaries arrived in the Central African Republic last week, according to local reports. The country is holding a constitutional referendum on Sunday that may abolish presidential term limits, therefore allowing Touadera to run again. In the second picture, Prigozhin is wearing the same outfit and shaki...

DeSantis will headline barbecue billed as the largest annual gathering of South Carolina Republicans

Published Wed, 26 Feb 2025 05:53:00 GMT

COLUMBIA, S.C. (AP) — Florida Gov. Ron DeSantis is scheduled to headline next month a barbecue billed as South Carolina’s largest annual gathering of Republicans.This centerpiece appearance, in a state where success has historically been a catalyst for GOP presidential nominees, provides DeSantis with an opportunity to make his case in front of a large number of party activists, with whom former President Donald Trump, the GOP primary front-runner, remains popular.DeSantis will speak Aug. 28 at the Faith & Freedom BBQ in Anderson, event host Rep. Jeff Duncan told The Associated Press on Thursday.“I’ve had the privilege of knowing Ron for several years now,” said Duncan, who represents South Carolina’s 3rd Congressional District, adding that he and DeSantis were members of the House Freedom Caucus. “In Florida, I’ve admired his work to protect children, stand up to woke corporations, combat illegal immigration, and challenge the Biden administration.”Ac...

After bout with vertigo, Orioles’ Ryan Mountcastle finding form at plate: ‘I’m starting to get that confidence back’

Published Wed, 26 Feb 2025 05:53:00 GMT

Vertigo presented a number of challenges for Ryan Mountcastle.First it was the strange feeling of dizziness in the field. Then the difficulty picking up the ball out of the pitcher’s hand at the plate. And, finally, an absence from the game, a month away from the big leagues as he managed the symptoms while on the injured list.But perhaps the most difficult part, he said, was when he began his minor league rehabilitation assignment with the Norfolk Tides. The first baseman was slumping at the plate before he began experiencing vertigo, and those struggles continued when he returned against minor league pitching. He went 0-for-12 with five strikeouts in his first three rehab games.“I was like, ‘It’s Triple-A, I should be able to kill it,’” Mountcastle recalls thinking. “I still was having symptoms, and I was like ‘Is this ever going to go away?”Those vertigo symptoms — the sensation that the environment around oneself is mov...