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Blackstone Mortgage: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 21:53:54 GMT

NEW YORK (AP) — NEW YORK (AP) — Blackstone Mortgage Trust Inc. (BXMT) on Wednesday reported third-quarter net income of $29.5 million.On a per-share basis, the New York-based company said it had profit of 17 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 78 cents per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.The real estate finance company posted revenue of $519.3 million in the period. Its adjusted revenue was $165.4 million.Blackstone Mortgage shares have declined 5% since the beginning of the year. The stock has dropped 11% 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 BXMT at https://www.zacks.com/ap/BXMTSource

Alkermes: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 21:53:54 GMT

DUBLIN (AP) — DUBLIN (AP) — Alkermes PLC (ALKS) on Wednesday reported third-quarter net income of $47.8 million, after reporting a loss in the same period a year earlier.On a per-share basis, the Dublin-based company said it had profit of 28 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 64 cents per share.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.The drugmaker posted revenue of $380.9 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $366.2 million.Alkermes shares have fallen 3% since the beginning of the year. The stock has increased 14% 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 ALKS at https://www.zacks.com/ap/ALKSSource

Penske: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 21:53:54 GMT

BLOOMFIELD HILLS, Mich. (AP) — BLOOMFIELD HILLS, Mich. (AP) — Penske Automotive Group Inc. (PAG) on Wednesday reported third-quarter earnings of $263.4 million.The Bloomfield Hills, Michigan-based company said it had net income of $3.92 per share. Earnings, adjusted for non-recurring gains, came to $3.90 per share.The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.04 per share.The auto dealership chain posted revenue of $7.45 billion in the period, meeting Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAG at https://www.zacks.com/ap/PAGSource

Mr Cooper: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 21:53:54 GMT

COPPELL, Texas (AP) — COPPELL, Texas (AP) — Mr. Cooper Group Inc. (COOP) on Wednesday reported third-quarter net income of $275 million.On a per-share basis, the Coppell, Texas-based company said it had net income of $4.06. Earnings, adjusted for non-recurring gains, came to $2.79 per share.The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share.The reinsurance company posted revenue of $574 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $428 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COOP at https://www.zacks.com/ap/COOPSource

Stifel: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 21:53:54 GMT

ST. LOUIS (AP) — ST. LOUIS (AP) — Stifel Financial Corp. (SF) on Wednesday reported net income of $68.2 million in its third quarter.The company, based in St. Louis, said it had earnings of 52 cents per share. Earnings, adjusted for one-time gains and costs, were 60 cents per share.The brokerage and investment banking firm posted revenue of $1.05 billion in the period. Its revenue net of interest expense was $1.05 billion, surpassing Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SF at https://www.zacks.com/ap/SFSource

Australia’s state visit will feature talk of submarines and tech partnerships and a lavish dinner

Published Mon, 16 Dec 2024 21:53:54 GMT

WASHINGTON (AP) — President Joe Biden is pressing forward with this week’s state visit from Australian Prime Minister Anthony Albanese, carving out time to nurture the relationship with a critical U.S. ally in the Pacific against the backdrop of escalating fighting between Israel and Hamas. The state visit, only the fourth since Biden took office, is a reminder of how he’s pursuing long-term plans to counter China’s influence even as bloody conflicts in the Middle East and Europe, where the Russian invasion of Ukraine continues after almost two years, remain the most immediate concerns. Senior administration officials said Biden and Albanese would be focused on innovative partnerships intended to support economic development among Pacific island nations, a key arena as the U.S. seeks the upper hand in the region.The U.S. and Australia plan to work together on building maritime infrastructure and laying undersea cables to strengthen internet connectivity, according ...

Old Dominion: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 21:53:54 GMT

THOMASVILLE, N.C. (AP) — THOMASVILLE, N.C. (AP) — Old Dominion Freight Line Inc. (ODFL) on Wednesday reported third-quarter net income of $339.3 million.The Thomasville, North Carolina-based company said it had profit of $3.09 per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.89 per share.The trucking company posted revenue of $1.52 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $1.49 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ODFL at https://www.zacks.com/ap/ODFLSource

T-Mobile: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 21:53:54 GMT

BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — T-Mobile US Inc. (TMUS) on Wednesday reported third-quarter earnings of $2.14 billion.The Bellevue, Washington-based company said it had profit of $1.82 per share.The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.75 per share.The wireless carrier posted revenue of $19.25 billion in the period, which missed Street forecasts. Seven analysts surveyed by Zacks expected $19.35 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TMUS at https://www.zacks.com/ap/TMUSSource

Where incomes are growing — and dropping — in Colorado

Published Mon, 16 Dec 2024 21:53:54 GMT

DENVER (KDVR) — Inflation has taken a hit on the average household budget. But in a handful of Colorado cities, income growth has outpaced the rise in prices.Food prices jumped 13.5% in 2022, making it the largest year-to-year percentage increase since 1979, according to the U.S. Bureau of Labor Statistics. Over the same time, some cities saw income grow more than inflation, according to a new report. How much do houses cost in Colorado? See the list by county SmartAsset looked at U.S. Census Bureau data for 349 of the largest cities in the country and ranked them according to income growth. Fourteen Colorado cities are on the list, but only one made the top 20.Where is income growing in Colorado?Longmont ranked 15th in the nation for the biggest percentage growth in median income. Last year, median income there jumped to $89,010, a more than 22% increase from the year before, according to the report.Another seven Colorado cities saw double-digit income growth. Meanwhile, Denver's...

Haunted happenings at the Molly Brown House, as told by the museum director

Published Mon, 16 Dec 2024 21:53:54 GMT

DENVER (KDVR) — From Cheesman Park to the Stanley Hotel, there are plenty of ghost stories to go around Colorado. Among those spooky places, the Molly Brown House Museum is often said to be one of the most haunted spots in Denver. The museum director, Andrea Malcomb, attributes many of these rumors to the Victorian era. The Victorian eraDuring the late 1800s, many people lost loved ones and were looking for a way to communicate with those who had passed. This turned into the Spiritualism movement where people were infatuated with connecting with spirits who had passed on.Molly Brown was born just after the Civil War in 1867 and was brought up when Ouija boards and seances were common. She was often known for holding seances, tarot card readings and visiting fortune tellers. Photos: Denver homes go all-out on Halloween decorations In fact, Brown went to a medium just before she boarded the Titanic. According to Malcomb, the medium said, "I see great disaster in your future. Water, ...