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Element Solutions: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 11:56:41 GMT

FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — Element Solutions Inc (ESI) on Wednesday reported a loss of $31.8 million in its third quarter.On a per-share basis, the Fort Lauderdale, Florida-based company said it had a loss of 13 cents. Earnings, adjusted for one-time gains and costs, were 36 cents per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.The specialty chemical and printing products posted revenue of $599.3 million in the period.Element Solutions expects full-year earnings to be $1.30 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 ESI at https://www.zacks.com/ap/ESISource

Evanilson’s second-half hat trick gives Porto 4-1 win at Antwerp in the Champions League

Published Sat, 22 Feb 2025 11:56:41 GMT

ANTWERP, Belgium (AP) — Substitute forward Evanilson scored a hat trick as Porto enjoyed a second-half revival to beat Antwerp 4-1 in the Champions League on Wednesday and further reduce the Belgian club’s hopes of reaching the knockout stage.Antwerp has now lost its three opening matches in Group H. Barcelona tops the standings with a perfect record of three wins and a three-point lead over Porto. Shakhtar Donetsk is in third place with three points.“I never imagined that when I came on, I’d score three goals,” Evanilson said. “It’s incredible, not even in my best dreams. I don’t even know if I’ll sleep tonight.”Antwerp produced a gritty first-half display that was rewarded with a goal from Alhassan Yusuf. But their catastrophic start to the second half was too much to handle as they once again surrendered a lead.Before Evanilson — who came on in the 44th minute — and Stephen Eustaquio turned things round for Porto, the hosts had won most of the duels in a close contest...

Universal Health Realty: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 11:56:41 GMT

KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Realty Income Trust (UHT) on Wednesday reported a key measure of profitability in its third quarter.The real estate investment trust, based in King Of Prussia, Pennsylvania, said it had funds from operations of $11.2 million, or 81 cents per share, in the period.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 $3.9 million, or 28 cents per share.The real estate investment trust, based in King Of Prussia, Pennsylvania, posted revenue of $24.2 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UHT at https://www.zacks.com/ap/UHTSource

White House wants $56 billion from Congress for disaster relief, child care and high-speed Internet

Published Sat, 22 Feb 2025 11:56:41 GMT

WASHINGTON (AP) — The White House is asking lawmakers for nearly $56 billion in emergency spending to help the government respond to natural disasters, shore up funding for child care centers and keep high-speed internet running for low-income families — outlining President Joe Biden’s domestic priorities as Congress simultaneously weighs sending billions for conflicts abroad.The largest portion of the supplemental funding request, sent to Capitol Hill on Wednesday, includes more than $23 billion for disaster relief, as the Biden administration continues to aid communities across the U.S. devastated by wildfires, floods, hurricanes and tornadoes. The package also includes $16 billion to help scores of child care centers operate for another year, as well as $6 billion to extend free and discounted internet through December 2024, according to the White House. Other asks included in the $56 billion request are international food aid, energy assistance for low-income households an...

Inquilinos en Leesburg denuncian que serán obligados a pagar extra por nuevos servicios

Published Sat, 22 Feb 2025 11:56:41 GMT

Un grupo de vecinos de Virginia asegura que muchas familias podrían quedar en la calle tras enfrentar el dilema de pagar por dos nuevos servicios que serán obligatorios en el conjunto en el que viven alquilados. Los inquilinos piden diálogo y la posibilidad de elegir, en una economía que según ellos los está abrumando. A partir del 1 de noviembre al parecer cientos de familias alquiladas en los apartamentos The Manor en Leesburg deberán pagar un poco más.“Es una injusticia… estamos pidiendo auxilio, que por favor alguien nos ayude porque eso de verdad es es un bill extra que nosotros no necesitamos”, dijo una inquilina. Se trata de un cargo de $90 dólares adicionales por concepto de internet y televisión por cable, según comunicaciones que han recibido los residentes por parte de la administración.“Nosotros somos una comunidad de bajos recursos, los cuales no tenemos suficiente dinero para darnos el lujo de cable”, aseguró otro inquilino. “Muchos de nosotros tenemos intern...

AptarGroup: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 11:56:41 GMT

CRYSTAL LAKE, Ill. (AP) — CRYSTAL LAKE, Ill. (AP) — AptarGroup Inc. (ATR) on Wednesday reported third-quarter net income of $84.3 million.The Crystal Lake, Illinois-based company said it had profit of $1.26 per share. Earnings, adjusted for restructuring costs and non-recurring costs, were $1.39 per share.The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.The maker of consumer-product dispensing systems posted revenue of $893 million in the period.For the current quarter ending in December, AptarGroup expects its per-share earnings to range from $1.06 to $1.14.AptarGroup shares have climbed 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $122.37, a rise of 23% 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...

Water cuts plan is enough to protect Colorado River: Interior Department

Published Sat, 22 Feb 2025 11:56:41 GMT

SACRAMENTO, Calif. (AP) — Federal officials said Wednesday that conditions have improved on the Colorado River to the point that a plan by California, Arizona and Nevada to voluntarily reduce water use should help keep the river basin on stable footing for the next few years.The U.S. Department of the Interior said in a statement that the risk of reaching critically low water elevations at Lake Powell and Lake Mead, the river's two key reservoirs, has gone down substantially. Where incomes are growing — and dropping — in Colorado “We have staved off the immediate possibility of the System’s reservoirs from falling to critically low elevations that would threaten water deliveries and power production,” Deputy Secretary Tommy Beaudreau said in a statement.The river serves seven U.S. states, Native American tribes and two states in Mexico, supports a multibillion-dollar farm industry in the West and generates hydropower used across the region. Years of overuse by farms and cities and...

Windy and, a wee bit, wet

Published Sat, 22 Feb 2025 11:56:41 GMT

The windy stretch continues, south Florida. It started back on Monday and has yet to peak. This means more days and nights with gusty conditions as winds arrive off the Atlantic (from the east-northeast). These strong winds have also been responsible for pulling-in a small amount of moisture from the ocean. Coastal areas, especially, have seen a few rain bands moving across the area. They don’t tend to cause any more than a nuisance since they move so quickly and don’t bring much accumulation. Weather changes will be hard to come by, as long as strong high pressure stays north of Florida. If anything, the setup could ease into the weekend. Winds (although still onshore) may tend to subside Sunday. That would make a near week-long wind event for the region! At that point, high pressure will be centered off the southeast coast of the United States, in weaker fashion. We’ll also be watching for the possibility of deeper moisture spinning our way. At least o...

One person in custody after police standoff ends in Weymouth

Published Sat, 22 Feb 2025 11:56:41 GMT

One person is in custody after an hourslong police standoff at a home in Weymouth on Wednesday, police said.Weymouth police in a post on X around 3:30 p.m. said police were on scene on Putnam Street responding to a barricaded suspect. Police asked community members to stay away from the area. Overhead, SKY7-HD spotted several armed law enforcement officers working on the scene with heavy equipment and armored vehicles.  Shortly before 6:30 p.m., authorities were seen taking a person out of the home at the center of this incident on a stretcher. While the standoff had ended, Putnam Street remained blocked off as of around 6:30 p.m.No further information was immediately available. This is a developing story; stay with 7NEWS on-air and online for the latest updates.

Can Craig Breslow bring back winning Red Sox culture?

Published Sat, 22 Feb 2025 11:56:41 GMT

Pedro Martinez hurled a verbal fastball last October.“They’re not going to have the essence of the franchise that we left, the culture that we left is going to be lost. And we don’t know when we’re going to get it back and how we’re going to get it back,” Martinez warned reporters.“We need to bring back the culture,” the Hall of Famer reiterated at the end of September.In hiring Craig Breslow, the Red Sox signal an attempt to restore that kind of culture, which made Boston the winningest baseball club this century.How fitting that they made the official announcement on Wednesday, Martinez’s birthday.By giving Breslow the keys to the kingdom, the Red Sox are repeating history and hoping to repeat history.For the second hiring cycle in a row, they’ve eschewed leadership experience in favor of upside. Like Chaim Bloom, Breslow will be a first-timer in the driver’s seat; his most recent, highest-ranking position with the Chicago Cubs was assistant general manager and vice president of p...