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Brown-Forman: Fiscal Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 02:15:32 GMT

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Brown-Forman Corp. (BF.A) on Wednesday reported fiscal fourth-quarter net income of $207 million.The Louisville, Kentucky-based company said it had net income of 43 cents per share.The liquor company that makes Jack Daniel’s and other brands posted revenue of $1.05 billion in the period.For the year, the company reported profit of $783 million, or $1.63 per share. Revenue was reported as $4.23 billion.Brown-Forman shares have dropped 3% since the beginning of the year. The stock has climbed nearly 2% 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 BF.A at https://www.zacks.com/ap/BF.ASource

BBC, British Airways among big-name victims in MOVEit software hack

Published Wed, 26 Feb 2025 02:15:32 GMT

LONDON (AP) — Britain’s cybersecurity agency on Wednesday urged companies to be vigilant after the BBC, British Airways and other firms said their employees’ personal details may have been compromised in a software hack. The companies were the first major victims after hackers successfully breached a popular file transfer software called MOVEit. The Clop ransomware group, thought to be based in Russia, has threatened on its dark web site that stolen data, including personal details such as names and home addresses, could be published. “We are working to fully understand the U.K. impact following reports of a critical vulnerability affecting MOVEit Transfer software being exploited,” Britain’s National Cyber Security Center said in a statement. “The NCSC strongly encourages organizations to take immediate action by following vendor best practice advice and applying the recommended security updates,” it added. MOVEit is a program widely used by businesses...

Brown-Forman B: Fiscal Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 02:15:32 GMT

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Brown-Forman Corporation B (BF.B) on Wednesday reported fiscal fourth-quarter profit of $207 million.On a per-share basis, the Louisville, Kentucky-based company said it had profit of 43 cents.The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.The company posted revenue of $1.05 billion in the period, beating Street forecasts. Eight analysts surveyed by Zacks expected $1 billion.For the year, the company reported profit of $783 million, or $1.63 per share. Revenue was reported as $4.23 billion.Brown-Forman B shares have dropped nearly 5% since the beginning of the year, while the S&P’s 500 index has increased 12%. The stock has dropped roughly 6% 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 re...

Denver's June rent according to 4 rental sites

Published Wed, 26 Feb 2025 02:15:32 GMT

DENVER (KDVR) — Denver's rent has stabilized since last year when it was on the tail end of a years-long growth spurt. The June rent reports are out for most U.S. cities from rental sites such as Apartment List, Rent.com, Zillow and Zumper. Each site releases regular updates on the state of metro and city rental markets, including adjacent city rent. In June, the average rent in Denver ranges from $1,400 at the lowest to over $3,100, depending on the size of the apartment and the site. Report: Denver among most expensive rental markets in Colorado Across the four sites, the average rent is $1,577 for a studio, $1,747 for a one-bedroom, $2,258 for a two-bedroom and $3,029 for a three-bedroom. Among all four sites and all four sizes of apartments, the cheapest is Apartment List's listing for a one-bedroom apartment at $1,410. On Zillow, a studio apartment costs $1,498. Denver metro housing prices rising toward last year’s peak Depending on the surrounding city, renters can save ...

Larimer Humane Society to begin welfare services in Weld County

Published Wed, 26 Feb 2025 02:15:32 GMT

LOVELAND, Colo. (KDVR) — The Humane Society of Weld County is preparing to dissolve and will transfer assets, including the Evans-based shelter, to the Larimer Humane Society. The board announced that decision Tuesday, citing an "inability to meet future needs" as they deal with an increase in stray animals and a decrease in revenue. “They really felt like it was in the long-term interest to dissolve and transfer their assets to Larimer Humane Society,” said Judy Calhoun. Calhoun is the CEO of the Larimer Humane Society, which will dip into reserve savings to keep the Weld County shelter open.  Douglas County park closes after 4 dogs die She said keeping the Evans shelter open was a priority for her staff, to ensure people in Weld County can find lost pets quickly, and have close access to adoptions.“Our goal is to keep the animals that are coming from Greeley and Evans, to keep those animals in their community,” Calhoun said. “We don’t have the capacity to handle all of thos...

1 arrested after owner of body shop found shot to death in Miami

Published Wed, 26 Feb 2025 02:15:32 GMT

A father and body shop owner was shot and killed while he was at his own business in Miami. The City of Miami Police Department responded to a Shot Spotter alert around 11 a.m., Tuesday, following reports of a shooting.When officers arrived at the scene, located at 7455 NW 7th Avenue, they discovered an adult male suffering from gunshot wounds at the Perfect Paint & Body Shop. City of Miami Fire personnel arrived to provide medical assistance but pronounced the victim deceased on site.The victim was identified as 47-year-old Nader Aweidah.“They screamed at me, ‘Call the police,’ and that’s what I did,” said Richard Rios, an employee. Rios was working and said he didn’t hear the shooting or saw it. He immediately called police. “As they were trying to revive him, but I saw when I walked to the office, I saw that he was out of it. He was gone,” Rios said. One employee, who tried to help Aweidah, told 7News of camera he didn’t ...

Gun-related deaths reached record levels in the US in 2021, report says

Published Wed, 26 Feb 2025 02:15:32 GMT

(CNN) — The gun violence epidemic in the United States was deadlier than ever in 2021, according to a new report from the Johns Hopkins Center for Gun Violence Solutions.Both gun-related homicides and suicides reached record levels in 2021, leading to nearly 49,000 total firearm deaths.Firearm-related deaths soared during the first year of the Covid-19 pandemic and spiked again in the second year. The 8% jump – leading to about 3,600 more deaths in 2021 than in 2020 – was the largest single-year increase in four decades.“Our country is breaking records for all the wrong reasons – record gun sales combined with increasingly permissive gun laws are making gun violence a pervasive part of life in our country, leading to a sharp increase in gun deaths,” Ari Davis, policy adviser at the Johns Hopkins Center for Gun Violence Solutions and lead author of the new report, said in a statement.More than half of all firearm deaths, as well as most of the year-over-year increase, were suicides, ...

Bills’ Damar Hamlin takes next step in recovery by practicing fully 6 months since cardiac arrest

Published Wed, 26 Feb 2025 02:15:32 GMT

ORCHARD PARK, N.Y. (AP) — What was once routine for Damar Hamlin, such as pulling on a helmet and heading out to practice, has become something the Buffalo Bills safety celebrated with a phone call to his parents.That was the case last week, general manager Brandon Beane said on Tuesday, after Hamlin participated fully in practice for the first time in the six months since having a near-death experience during a game at Cincinnati.“Just so proud of him and thrilled for where he’s at in his journey,” Beane said.“He’s still got more milestones to hit. But to think back, we’re just at the beginning of June, and that was the beginning of January, and we were just hoping he’d live,” he added. “Now he’s not only got a normal life, but we’re talking about playing not just any football, but NFL football.”The Bills practice on Tuesday was the first in which reporters were allowed to see Hamlin don his helmet and take part in various team drills. Beane said, Hamlin enjoyed his first full sess...

CNN chief to step down after rocky tenure, controversial Trump interview

Published Wed, 26 Feb 2025 02:15:32 GMT

CNN CEO Chris Licht is stepping down, according to reports published Wednesday morning.The news comes after Licht’s rocky tenure as CEO, a widely criticized town hall with former President Donald Trump and a recent Atlantic profile on the CEO.The news of Licht’s departure was first reported by Puck, and confirmed by The New York Times and Axios. Licht will be replaced for an interim period by longtime CNN executive Amy Entelis, according to Puck.

EU sues Poland after blowback over Kremlin influence law

Published Wed, 26 Feb 2025 02:15:32 GMT

BRUSSELS — The European Commission announced Wednesday it is suing Poland over a law creating a special body to probe Russian influence in Polish politics, which critics say violates the Polish constitution and could be used to intimidate political opponents.The EU executive has “agreed to start an infringement procedure by sending a letter of formal notice in relation to the new law on the state committee for examination of Russian influence” to Warsaw, Commission Vice President Valdis Dombrovskis told a press briefing. Commission spokesperson Dana Spinant said more details would be announced during a regular press briefing Thursday.Poland’s Europe Minister Szymon Szynkowski vel Sęk said Warsaw was confident. “We will calmly pass on the legal and factual arguments in this case after reviewing the [Commission’s] concerns.”It’s the latest in a series of disputes between Brussels and Warsaw over the Polish authorities’ repeated viol...