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BP: Q3 Earnings Snapshot

Published Wed, 26 Feb 2025 01:24:14 GMT

LONDON (AP) — LONDON (AP) — BP PLC (BP) on Tuesday reported third-quarter net income of $4.86 billion, after reporting a loss in the same period a year earlier.On a per-share basis, the London-based company said it had profit of $1.66. Earnings, adjusted for non-recurring gains, came to $1.15 per share.The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.The oil and gas company posted revenue of $54.02 billion in the period.BP shares have risen roughly 10% since the beginning of the year. The stock has risen 16% 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 BP at https://www.zacks.com/ap/BPSource

Banco Bilbao: Q3 Earnings Snapshot

Published Wed, 26 Feb 2025 01:24:14 GMT

MADRID (AP) — MADRID (AP) — Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) on Tuesday reported third-quarter net income of $2.27 billion.The Madrid-based bank said it had earnings of 36 cents per share.The bank posted revenue of $8.66 billion in the period. Its revenue net of interest expense was $8.66 billion, exceeding Street forecasts.Banco Bilbao shares have climbed 32% since the beginning of the year. The stock has increased 51% 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 BBVA at https://www.zacks.com/ap/BBVASource

Rambus: Q3 Earnings Snapshot

Published Wed, 26 Feb 2025 01:24:14 GMT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Rambus Inc. (RMBS) on Monday reported profit of $103.2 million in its third quarter.The San Jose, California-based company said it had profit of 93 cents per share. Earnings, adjusted for non-recurring gains, came to 43 cents per share.The memory chip designer posted revenue of $105.3 million in the period. Its adjusted revenue was $134.3 million.For the current quarter ending in December, Rambus expects its per-share earnings to range from $125 to $143._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMBS at https://www.zacks.com/ap/RMBSSource

Anheuser-Busch Inbev: Q3 Earnings Snapshot

Published Wed, 26 Feb 2025 01:24:14 GMT

LEUVEN, Belgium (AP) — LEUVEN, Belgium (AP) — Anheuser Busch Inbev SA (BUD) on Tuesday reported third-quarter net income of $1.47 billion.On a per-share basis, the Leuven, Belgium-based company said it had net income of 73 cents. Earnings, adjusted for non-recurring costs, were 86 cents per share.The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 86 cents per share.The brewer posted revenue of $15.57 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $15.76 billion.Anheuser-Busch Inbev shares have dropped 10% since the beginning of the year. The stock has risen slightly more than 7% 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 BUD at https://www.zacks.com/ap/BUDSource

King Charles III is in Kenya for a state visit, his first to a Commonwealth country as monarch

Published Wed, 26 Feb 2025 01:24:14 GMT

NAIROBI, Kenya (AP) — King Charles III is in Kenya for a four-day trip, his first state visit to a Commonwealth country as monarch, underscoring his commitment to an organization that’s been central to Britain’s global power and prestige since World War II. It’s also a visit full of symbolism as Charles’ mother, the late Queen Elizabeth II, learned that she had become U.K. monarch while visiting a game preserve in the East African nation in 1952.The king and Queen Camilla touched down at Jomo Kenyatta International Airport late on Monday. The royal couple was received by Kenya’s Prime Cabinet Secretary and Foreign Minister Musalia Mudavadi and British High Commissioner to Kenya Neil Wigan.On Tuesday morning, President William Ruto hosted a ceremonial welcome for Charles at State House, complete with a red carpet and a 21-gun salute from the Kenya navy. Charles later planted an African fern tree seedling at the lawn.Camilla accompanied the king while wearing an Anna...

Protesters gather outside Md. Sen. Cardin’s office to call for cease-fire in Gaza

Published Wed, 26 Feb 2025 01:24:14 GMT

Protesters gather in the rain outside Md. Sen. Ben Cardin's Rockville office to call for a cease-fire in Gaza. (WTOP/Kyle Cooper) Protesters gather in the rain outside Md. Sen. Ben Cardin's Rockville office to call for a cease-fire in Gaza. (WTOP/Kyle Cooper) Dozens gathered outside Maryland Sen. Ben Cardin’s office in Rockville on Monday night to call for a cease-fire amid the ongoing war in Gaza.The protest was organized by the Council on American-Islamic Relations. The director of the organization’s Maryland office told WTOP they opted for Cardin’s office because he is chair of the Senate Foreign Relations Committee.“We’re encouraging Sen. Cardin to introduce a resolution in the Se...

Death investigation underway at Aventura condominium complex

Published Wed, 26 Feb 2025 01:24:14 GMT

A discovery rattled the tranquility of Aventura as a body was found outside of a condominium complex in Aventura.The incident unfolded at the Turnberry On the Green Condominium at 19501 W Country Club Drive, Tuesday. Video footage from earlier in the day revealed the area blocked off with a yellow tarp covering the body, while police investigators were examining the scene.Initial investigations suggest that there is no immediate threat to the public, as officers have engaged with a witness who also heard the gunshots.“I didn’t know where the person was, where it came from. I go to get out and I see the body,” said the witness. “They’re just like, ‘Go, go, go,’ and I left. This is Aventura. You don’t expect that here.”At the time of this report, authorities are actively working to unravel the circumstances that led to this shooting incident. If you have any information on this crime, call Miami-Dade Crime Stoppers at 305-471-TIPS....

Nigel Farage says he’ll be fine in reality TV jungle after dealing with EU ‘snakes’

Published Wed, 26 Feb 2025 01:24:14 GMT

LONDON — Nigel Farage could be heading to the jungle — no problem after dealing with “snakes” in the European Parliament.The former Brexit Party leader announced he is considering a run on “I’m A Celebrity … Get Me Out Of Here,” a long-running British reality TV show that sees contestants shipped off to the Australian jungle to face a host of grueling tasks in a bid to triumph in a public vote.Speaking on GB News, Farage insisted he’d be up to the job because he was “used to going through tough times and living with snakes of all different sizes” during his two-decade spell as an MEP.“I mean, the ghastly people I had to be with in the last few months in Brussels,” he told host Mark Dolan.“Coffee bars wouldn’t serve me, restaurants wouldn’t serve me, and even my favorite pub said ‘we can’t serve you anymore because we’ll lose all our business.'”Farage said he had previously “ruled out being on the sho...

France arrests Russian oligarch in money-laundering, sanctions probe

Published Wed, 26 Feb 2025 01:24:14 GMT

French police detained Russian billionaire oligarch Alexei Kuzmichev on Monday, in an investigation into money laundering, tax fraud and violations of international sanctions.As part of a preliminary probe by France’s anti-corruption office (OCLCIFF), police on Monday carried out multiple searches at several locations in France, including Kuzmichev’s property in Paris, a spokesperson for France’s National Financial Prosecutor’s Office (PNF) confirmed to POLITICO.Kuzmichev was detained Monday and remained in custody on Tuesday.According to French daily Le Monde, Monday’s raids included more than 60 officers and Kuzmichev’s villa in Saint-Tropez was also searched.Kuzmichev, a shareholder of Alfa Group, one of Russia’s largest private investment firms, was sanctioned by the EU along with several other Alfa Group shareholders after Russian President Vladimir Putin launched his full-scale invasion of Ukraine last year. The EU considers Kuzmichev “one of the most infl...

Officials urge Halloween revelers in Salem to use public transit, celebrate responsibly

Published Wed, 26 Feb 2025 01:24:14 GMT

Tens of thousands of people are set to descend on Salem for Halloween festivities on Tuesday and city officials are urging revelers to take advantage of public transit and celebrate responsibly.Haunted Happenings events, including a hypnosis show, a witches magic circle on the Common, and a fireworks show over the North River run from 9 a.m. to 10 p.m.Additional trans have been added between Salem and North Station and Salem and Beverly. The final train to Boston leaves at 10:59 p.m. and the final train to Newburyport leaves at 12:21 a.m.The appeal for safety comes after a man was arraigned in connection with a suspected drunken driving pedestrian crash that left a woman seriously injured and another near-miss involving a suspected drunken driver and a Salem police officer.Stay with 7NEWS on-air and online for the latest updates.