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Target wrestles with cautious consumers and theft at stores

Published Mon, 23 Dec 2024 17:02:47 GMT

NEW YORK (AP) — Target on Wednesday reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period.The Minneapolis-based discounter is dealing with rising costs — it cited theft as a big factor — and consumers who have become more cautious about their spending.Still, Target’s fiscal first-quarter results beat Wall Street expectations.Target is among the first major U.S. retailers to report first-quarter results, and retail industry analysts will be looking to see how stubbornly high inflation and tightening credit are impacting shoppers. Walmart, Macy’s and Nordstrom are slated to report later this week or next.Home Depot, the nation’s largest home improvement retailer, on Tuesday forecast its first decline in annual revenue since 2009. Target’s results follow a government report on retail sales that showed Americans picked up their spending modestly last month, buoyed by a solid job market and a retreat in prices fo...

Wix.com: Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 17:02:47 GMT

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Wix.com Ltd. (WIX) on Wednesday reported a loss of $10.4 million in its first quarter.On a per-share basis, the Tel Aviv, Israel-based company said it had a loss of 18 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 91 cents per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.The cloud-based web development company posted revenue of $374.1 million in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $368.9 million.For the current quarter ending in June, Wix.com said it expects revenue in the range of $380 million to $385 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WIX at https://www.zacks.com/ap/WIXSource

Doximity: Fiscal Q4 Earnings Snapshot

Published Mon, 23 Dec 2024 17:02:47 GMT

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Doximity Inc. (DOCS) on Tuesday reported fiscal fourth-quarter earnings of $30.7 million.The San Francisco-based company said it had profit of 14 cents per share. Earnings, adjusted for one-time gains and costs, came to 20 cents per share.The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.The medical social networking site posted revenue of $111 million in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $110.1 million.For the year, the company reported profit of $112.8 million, or 53 cents per share. Revenue was reported as $419.1 million.For the current quarter ending in June, Doximity said it expects revenue in the range of $106.5 million to $107.5 million.The company expects full-year revenue in the range of $500 million to $506 million._____This story was generated by Automated Insights (h...

Westaim: Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 17:02:47 GMT

TORONTO (AP) — TORONTO (AP) — Westaim Corp. (WEDXF) on Tuesday reported profit of $94.5 million in its first quarter.On a per-share basis, the Toronto-based company said it had profit of 66 cents.The investment company posted revenue of $2.4 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 WEDXF at https://www.zacks.com/ap/WEDXFSource

Denver weather: Afternoon storms, above-average temperatures

Published Mon, 23 Dec 2024 17:02:47 GMT

DENVER (KDVR) — The sunshine is back for Wednesday with above-average highs and the chance for an afternoon and evening storm in the Denver weather forecast.Weather today: Sunshine and stormsAfter some morning sunshine, Denver and the Front Range will see partly cloudy skies and some pop-up storms on Wednesday. Denver has had 5 times more rain than Seattle so far this May Rain and storm chances push out across the plains through the afternoon and evening as highs reach the upper 70s.Pinpoint Weather: Daily forecast on May 17. Weather tonight: Partly cloudyClouds linger overnight Wednesday and slowly increase as lows dip into the upper 40s. Winds remain light with rain exiting before midnight.Pinpoint Weather: Overnight forecast on May 17.Looking ahead: More rain chances, weekend warming Cloudy skies are around on Thursday morning with showers pushing in near the noon hour. Rain showers stick around through Thursday afternoon and evening with cooler temperatures in the middle 60s....

Webb telescope spots water in rare comet

Published Mon, 23 Dec 2024 17:02:47 GMT

(CNN) — Astronomers used the James Webb Space Telescope to observe a rare comet in our solar system, making a long-awaited scientific breakthrough and stumbling across another mystery at the same time.For the first time, water was detected in a main-belt comet, or a comet located in the main asteroid belt between the orbits of Mars and Jupiter. The discovery came after 15 years of attempts by astronomers using different observation methods.The space observatory detected water vapor around Comet Read, which suggests that water ice can be preserved in a warmer part of the solar system. A study detailing the findings was published Monday in the journal Nature.Comets typically exist in the Kuiper Belt and the Oort Cloud, icy regions beyond the orbit of Neptune that can preserve some of the frozen materials left over from the formation of the solar system. The comets venture on long, oval-shaped orbits around the sun that can take thousands of years and have streaming tails that de...

Sleeping will be one of the challenges for astronauts on Mars missions

Published Mon, 23 Dec 2024 17:02:47 GMT

(CNN) — Astronauts have been adjusting to the challenges of sleeping in space for years — and the lessons learned from their zero gravity slumbers will ensure that one day the first crewed missions to Mars will have gotten enough rest before exploring the red planet.Rotating crews have spent an average of six months living and working aboard the International Space Station for nearly 23 years, and they struggle with sleep issues just like people on Earth. Some of the challenges are similar to those of shift workers or people with abnormal schedules, but others are more unique to the space environment.For example, most people don’t have to worry about floating away from their beds due to zero gravity. Don’t worry — astronauts use special restraints to keep them from floating through the space station while asleep.Two of the biggest challenges for astronauts include their sleep environment and the establishment of a natural sleep cycle.Sleeping in spaceAstronauts hav...

Italian court OKs Qatargate MEP’s extradition to Belgium

Published Mon, 23 Dec 2024 17:02:47 GMT

Italian judges gave the go-ahead to MEP Andrea Cozzolino’s extradition to Belgium on Tuesday night.Cozzolino is a key suspect in the European Parliament’s cash-for-influence scandal, known as Qatargate, but denies any wrongdoing.His lawyer Federico Conte confirmed to POLITICO that over the next five days he will lodge an appeal to Italy’s high court, which has the power to overrule the decision by the judges in Naples. Italy’s top tribunal could also ask the Court of Appeal in Naples to reconsider their decision, said Conte.Cozzolino is currently under house arrest in Naples and will not be extradited to Belgium until the High Court gives its go-ahead.The Belgian authorities accuse the European lawmaker of accepting bribes from foreign countries, including Morocco, in exchange for favoring their interests in the EU assembly, and are pushing to interrogate him in Brussels.Judges in Naples put off a decision on whether to extradite Cozzolino five times, calling on their Belgian collea...

Flirting with climate danger: UN forecasts 2 in 3 chance of briefly hitting key heat limit soon

Published Mon, 23 Dec 2024 17:02:47 GMT

There’s a two-out-of-three chance within the next five years that the world will temporarily reach the internationally accepted global temperature threshold for limiting the worst effects of climate change, a new World Meteorological Organization report forecasts.It likely would only be a fleeting and less worrisome flirtation with the agreed-upon climate danger point, the United Nations weather agency said Wednesday. That’s because scientists expect a temporary burst of heat from an El Nino will supercharge human-caused warming from the burning of coal, oil and gas to new heights and then slip back down a bit.The 2015 Paris climate agreement set 1.5 degrees Celsius (2.7 degrees Fahrenheit) as a global guardrail in atmospheric warming, with countries pledging to try to prevent that much long-term warming if possible. Scientists in a special 2018 United Nations report said going past that point would be drastically and dangerously different with more dea...

Get to know Gervon Dexter: Q&A with the new Chicago Bears defensive tackle’s college coach

Published Mon, 23 Dec 2024 17:02:47 GMT

Entering the draft last month, a strong case could be made that the Chicago Bears’ greatest roster need was on the defensive line — specifically a three-technique tackle to help make coach Matt Eberflus’ defense go.General manager Ryan Poles passed on the consensus best defensive tackle in the draft — Georgia’s Jalen Carter — and that move will be evaluated for some time. But the Bears got a young player with upside at the position in the second round, choosing Florida’s Gervon Dexter with the 53rd pick.David Turner, currently the defensive line coach at Mississippi State, coached that position for the Gators from 2019 through 2021. He was part of not only recruiting Dexter, but also coaching him for Dexter’s first two seasons in Gainesville, Fla.Turner spoke to the Tribune recently to provide insight into Dexter’s game and how he projects in the NFL. Here’s that interview, edited for clarity.Note: This is part of a series ...