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Sysco: Fiscal Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 06:45:24 GMT

HOUSTON (AP) — HOUSTON (AP) — Sysco Corp. (SYY) on Tuesday reported fiscal third-quarter profit of $429.6 million.The Houston-based company said it had profit of 84 cents per share. Earnings, adjusted for one-time gains and costs, came to 90 cents per share.The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share.The food distributor posted revenue of $18.88 billion in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $18.73 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SYY at https://www.zacks.com/ap/SYYSource

Franklin Electric: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 06:45:24 GMT

FORT WAYNE, Ind. (AP) — FORT WAYNE, Ind. (AP) — Franklin Electric Co. (FELE) on Tuesday reported first-quarter net income of $37.3 million.The Fort Wayne, Indiana-based company said it had net income of 79 cents per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.The water and fuel pumping systems company posted revenue of $484.6 million in the period.Franklin Electric expects full-year revenue in the range of $2.15 billion to $2.25 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FELE at https://www.zacks.com/ap/FELESource

Path to Paris Olympics set for European women’s soccer teams

Published Tue, 05 Nov 2024 06:45:24 GMT

NYON, Switzerland (AP) — The path to the 2024 Paris Olympics for European women’s soccer teams was made clearer on Tuesday when UEFA made the group-stage draw for the inaugural Women’s Nations League.Two teams will advance from the top-tier Nations League Finals in February to join Olympic host France in the 12-team lineup in July next year. The Olympic tournament already includes 2019 Women’s World Cup winner the United States, Brazil and Colombia. The Nations League Finals will involve winners of the four League A groups drawn on Tuesday that will play from September to December.European champion England was grouped with Netherlands, the 2019 Women’s World Cup beaten finalist, plus their respective neighbors and rivals Scotland and Belgium.Sweden, the Tokyo Olympics silver medalist, was drawn with Spain, Italy and Switzerland.Germany will play Denmark, Iceland and Wales. France’s group includes Norway, Austria and Portugal.If England advances to the Paris Olympics, the team will r...

Illinois Tool Works: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 06:45:24 GMT

GLENVIEW, Ill. (AP) — GLENVIEW, Ill. (AP) — Illinois Tool Works Inc. (ITW) on Tuesday reported first-quarter profit of $714 million.On a per-share basis, the Glenview, Illinois-based company said it had net income of $2.33.The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.18 per share.The equipment manufacturer for the transportation, power, food and construction industries posted revenue of $4.02 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $3.96 billion.Illinois Tool Works expects full-year earnings to be $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 ITW at https://www.zacks.com/ap/ITWSource

Federal Signal: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 06:45:24 GMT

OAK BROOK, Ill. (AP) — OAK BROOK, Ill. (AP) — Federal Signal Corp. (FSS) on Tuesday reported first-quarter net income of $27.4 million.The Oak Brook, Illinois-based company said it had net income of 45 cents per share. Earnings, adjusted for one-time gains and costs, were 46 cents per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share.The company that makes products ranging from street sweepers to toll booth technology for government, industrial and commercial customers posted revenue of $385.5 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $371.6 million.Federal Signal expects full-year earnings in the range of $2.21 to $2.43 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 FSS at https://www.z...

Great Lakes Dredge & Dock: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 06:45:24 GMT

HOUSTON (AP) — HOUSTON (AP) — Great Lakes Dredge & Dock Corp. (GLDD) on Tuesday reported a loss of $3.2 million in its first quarter.The Houston-based company said it had a loss of 5 cents per share.The provider of dredging and dock-contracting services posted revenue of $158 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 GLDD at https://www.zacks.com/ap/GLDDSource

Denver area homeownership highest since 2009

Published Tue, 05 Nov 2024 06:45:24 GMT

DENVER (KDVR) — Denver area homeownership is the highest it's been since the nation was spiraling into the effects of the Great Recession. Colorado real estate, both in and outside the capital metro, has been booming since the early 2010s following the housing market crash of the late 2000s. As Colorado became a popular destination for those looking for a new state, property values and home building rates recovered. Apartment values rise higher than homes in Denver, Boulder Homeownership rates have not recovered smoothly in an era of rapid growth, but they have climbed higher than any point in the last 12 years, according to U.S. Census Bureau data. The Denver metro's homeownership rate was 67.7% in the final quarter of 2022, the highest since the first quarter of 2009.The metro homeownership rate had climbed as high as 67.5% in 2015 but quickly fell again as more and more people poured into Colorado. Still, the homeownership rate is not what it was before the Great Recession. In...

Camas teens ride tank to prom flanked by Portland’s ‘Unipiper’

Published Tue, 05 Nov 2024 06:45:24 GMT

CAMAS, Washington (KPTV) — More than two months ago, Sherman Bynum and his friends decided they wanted to go to their Camas, Wash. prom in a World War II tank.Saturday night, they made it happen.“I think the quote that we’ve been repeating a lot today is, ‘today’s the day, man,’” Bynum said. “We’re feeling really good, and we woke up ready to go.”Bynum’s best friend, Sam Tetro, added, “We’ve been going back and forth about how nervous, but super hyped up that we are about it.”Bynum said he fell in love with tanks and got the idea to ride in one to his junior prom. Soon after, he stumbled across Steve Greenberg, who just so happens to own an M3A1 WWII tank in Portland. He said it would cost a thousand bucks.That’s when Bynum said he and Tetro put together a GoFundMe. Quickly, they got the money to hire Greenberg and his tank.“I’ve been collecting these since high school,” Greenberg said as he gestured to his tank, “and now I’m 65. If it wasn’t for tanks and the guys who drove t...

Palestinian militants in Gaza fire rockets toward Israel

Published Tue, 05 Nov 2024 06:45:24 GMT

JERUSALEM (AP) — Palestinian militants in Gaza fired a barrage of rockets on Tuesday, the Israeli military said, following the death of a high-profile Palestinian prisoner in Israeli custody after a nearly three-month-long hunger strike.The death of 45-year-old Khader Adnan, a prominent leader of the militant Islamic Jihad group, has outraged Palestinian militants and leaders and raised fears of a retaliation. Earlier Tuesday, militants in Gaza fired a volley of rockets toward empty fields in Israel.The Israeli military said that Palestinian militants in Gaza launched 22 rockets toward Israeli territory later Tuesday. Four rockets were intercepted by Israel’s Iron Dome missile defense system, the military added.A 25-year-old man was seriously wounded in the attack, Israeli medics reported.Palestinian armed groups have long vowed to strike Israel if a hunger-striking Palestinian prisoner such as Adnan — celebrated as a national hero for his resistance to Israel — died in Israel...

Transit Police searching for suspect in assault at Mass Ave MBTA station

Published Tue, 05 Nov 2024 06:45:24 GMT

Transit Police are searching for a suspect in an assault at the Mass Ave MBTA station last week. On April 26 at 10:45 p.m., police say the suspect asked another man for money and to borrow a cell phone. The victim denied the request and was struck in the face with a closed fist. Anyone who recognizes the suspect or has any information about the incident is asked to call police at (617) 222-1050.https://twitter.com/MBTATransitPD/status/1653391195626668035