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Live Oak Bancshares: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 01:31:34 GMT

WILMINGTON, N.C. (AP) — WILMINGTON, N.C. (AP) — Live Oak Bancshares Inc. (LOB) on Tuesday reported second-quarter net income of $17.5 million.The Wilmington, North Carolina-based bank said it had earnings of 39 cents per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.The bank holding company posted revenue of $193.9 million in the period. Its revenue net of interest expense was $108.5 million, also topping Street forecasts. Four analysts surveyed by Zacks expected $107.3 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LOB at https://www.zacks.com/ap/LOBSource

Google rebounds from unprecedented drop in ad revenue with a resurgence that pushes stock higher

Published Wed, 26 Feb 2025 01:31:34 GMT

SAN FRANCISCO (AP) — Google snapped out of an unprecedented advertising slump during its latest quarter, signaling a return to growth cycle needed to fuel investments in artificial intelligence technology that expected to reshape the competitive landscape.The results for the April-June period released Tuesday by Google’s corporate parent, Alphabet Inc., reversed a financial downswing that had raised fears Google was losing its financial steam at the same time advances in artificial intelligence, or AI, threatened to undercut the dominant search engine that powers its digital ad empire.But after Google’s ad revenue suffered year-over-year declines in consecutive quarters for the first time in its history, ad sales rose 3% from a year ago to $58.1 billion during the second quarter. That was better than analysts had been anticipating, according to FactSet Research.Those gains helped lift Alphabet’s total revenue for the period by 7% from last year to $74.6 billion. The company po...

Crane: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 01:31:34 GMT

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Crane Co. (CR) on Tuesday reported profit of $45.6 million in its second quarter.The Stamford, Connecticut-based company said it had net income of 79 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.10 per share.The maker of aerospace, electronics and engineered industrial products posted revenue of $509.6 million in the period.Crane expects full-year earnings in the range of $3.80 to $4.10 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 CR at https://www.zacks.com/ap/CRSource

WesBanco: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 01:31:34 GMT

WHEELING, W.Va. (AP) — WHEELING, W.Va. (AP) — WesBanco Inc. (WSBC) on Tuesday reported second-quarter earnings of $44.9 million.The bank, based in Wheeling, West Virginia, said it had earnings of 71 cents per share.The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.The holding company for WesBanco Bank posted revenue of $207.9 million in the period. Its revenue net of interest expense was $154.7 million, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $152.7 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSBC at https://www.zacks.com/ap/WSBCSource

Pros Holdings: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 01:31:34 GMT

HOUSTON (AP) — HOUSTON (AP) — Pros Holdings Inc. (PRO) on Tuesday reported a loss of $13.3 million in its second quarter.The Houston-based company said it had a loss of 29 cents per share. Losses, adjusted for stock option expense and amortization costs, were 1 cent per share.The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.The pricing and revenue-management software maker posted revenue of $75.8 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $72.7 million.For the current quarter ending in September, Pros Holdings expects its per-share earnings to range from 3 cents to 4 cents.The company said it expects revenue in the range of $75 million to $76 million for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $68.1 million.Pros Holdings expects full-year revenue in the range of $300 million to $302 million....

Hieren en combate en Ucrania a exmarine de EEUU que estuvo preso en Rusia

Published Wed, 26 Feb 2025 01:31:34 GMT

WASHINGTON DC – Trevor Reed, el veterano de la Marina que fue detenido en Rusia durante tres años antes de ser liberado como parte de un intercambio de prisioneros en 2022, resultó herido mientras combatía en Ucrania, confirmó este martes el Departamento de Estado.“Somos conscientes de que Trevor Reed resultó herido mientras participaba en los combates en Ucrania”, dijo el portavoz adjunto Vedant Patel en una conferencia de prensa. “El señor Reed ha sido transportado a Alemania y está recibiendo atención médica”, agregóPatel no dijo cómo se lesionó Reed ni dio su condición. Reed fue trasladado a Alemania por una organización no gubernamental, pero Patel no nombró a esa organización ni dijo si estaba siendo tratado en un hospital militar o civil. Rusia acusa a Ucrania de otro ataque mortífero al puente de Crimea En video: mercenarios rusos entrenan para combate a tropas bielorrusas “Por razones d...

Football great Jim Brown’s life and legacy to be celebrated as part of Hall of Fame weekend

Published Wed, 26 Feb 2025 01:31:34 GMT

CANTON, Ohio (AP) — Jim Brown’s extraordinary life as a football giant and activist will be celebrated as part of the Pro Football Hall of Fame weekend activities.Brown, long considered the standard of excellence for running backs, died in May at age 87. He did not want a funeral. His wife, Monique, has planned a private memorial for her husband on Aug. 3.The invitation-only gathering will be held at Umstattd Performing Arts Hall near the Hall of Fame, which is hosting the event along with the Cleveland Browns and league. The induction ceremony is set for Aug. 5.“We wanted to do something right after Jim died and for a variety of reasons — schedules, everybody, Monique wasn’t quite ready — it got put off,” Browns co-owner Jimmy Haslam said. “I can’t really think of a better way to do it than do it in Canton.“Jim Brown’s definitely the greatest Brown of all time and arguably the greatest in the NFL. To do it in Canton, a lot of the gold jackets will be there. I thin...

South Plains Financial: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 01:31:34 GMT

LUBBOCK, Texas (AP) — LUBBOCK, Texas (AP) — South Plains Financial, Inc. (SPFI) on Tuesday reported net income of $29.7 million in its second quarter.The Lubbock, Texas-based bank said it had earnings of $1.71 per share. Earnings, adjusted for non-recurring gains, were 55 cents per share.The company posted revenue of $97.9 million in the period. Its revenue net of interest expense was $81.7 million, which beat 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 SPFI at https://www.zacks.com/ap/SPFISource

Could a cooler July mean a better season for the Rockies?

Published Wed, 26 Feb 2025 01:31:34 GMT

DENVER (KDVR) -- It seems that the hotter the July, the worse the Colorado Rockies play. The spring and beginning of summer 2023 were both cooler and wetter than usual. The last two weeks, which are typically the hottest of any given year, have reacquainted Denver area residents with the kind of summer temperatures they normally deal with this time of year. Just how long will the heat last in Denver? Daily highs are nearing triple digits in the Denver area, which happened a half dozen times last year. Depending on how high it gets, the Colorado Rockies may end up with a higher win/loss percentage. There is no doubt an endless constellation of variables that predict a team's win percentage, including roster and injuries and those of their rivals. However, the KDVR Data Desk did find a connection between higher Rockies' win/loss percentages and the highest temperature in a given year's July. It compared the maximum daily high recorded at the Denver Water station and the team's reco...

Destinations you can get to on RTD while fares are free

Published Wed, 26 Feb 2025 01:31:34 GMT

DENVER (KDVR) -- Free fares on the Regional Transportation District might help you save on the commute to work or school, but perhaps you could use it for a cheap thrill or outdoor adventure.The Zero Fare for Better Air initiative is happening through August as an effort to reduce ground-level ozone by encouraging transit ridership. Do free RTD rides make a difference? With RTD and multiple other transit agencies in the state offering free fares for cleaner air, you can go somewhere fun without the task of parking or the responsibility of driving home.Union StationIt is an iconic landmark and the hub for light rail travel in Denver. There are restaurants, businesses and bars within the station building, and it's a short walk to a number of others.From there, you can get to Coors Field, the Museum of Contemporary Art, the Selfie Museum, Commons Park, Wynkoop Brewing Company and more. This is also where you can find tours through Denver to learn about the city, the art scene and the...