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Lear: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 20:59:25 GMT

SOUTHFIELD, Mich. (AP) — SOUTHFIELD, Mich. (AP) — Lear Corp. (LEA) on Thursday reported first-quarter net income of $143.6 million.On a per-share basis, the Southfield, Michigan-based company said it had net income of $2.41. Earnings, adjusted for one-time gains and costs, came to $2.78 per share.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.55 per share.The automotive seating and electrical distribution systems company posted revenue of $5.85 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $5.5 billion.Lear expects full-year revenue in the range of $21.2 billion to $22.2 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LEA at https://www.zacks.com/ap/LEASource

Merck: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 20:59:25 GMT

RAHWAY, N.J. (AP) — RAHWAY, N.J. (AP) — Merck & Co. (MRK) on Thursday reported first-quarter earnings of $2.82 billion.On a per-share basis, the Rahway, New Jersey-based company said it had profit of $1.11. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $1.40 per share.The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.The pharmaceutical company posted revenue of $14.49 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $13.84 billion.Merck expects full-year earnings in the range of $6.88 to $7 per share, with revenue in the range of $57.7 billion to $58.9 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRK at https://www.zacks.com/ap/MRKSource

Textron: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 20:59:25 GMT

PROVIDENCE, R.I. (AP) — PROVIDENCE, R.I. (AP) — Textron Inc. (TXT) on Thursday reported first-quarter earnings of $191 million.The Providence, Rhode Island-based company said it had net income of 92 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, came to $1.05 per share.The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.The maker of Cessna small planes and Bell helicopters posted revenue of $3.02 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $3.08 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXT at https://www.zacks.com/ap/TXTSource

Caterpillar: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 20:59:25 GMT

IRVING, Texas (AP) — IRVING, Texas (AP) — Caterpillar Inc. (CAT) on Thursday reported first-quarter profit of $1.94 billion.On a per-share basis, the Irving, Texas-based company said it had net income of $3.74. Earnings, adjusted for restructuring costs and non-recurring costs, were $4.91 per share.The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $3.79 per share.The construction equipment company posted revenue of $15.86 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $15.24 billion.Caterpillar shares have fallen almost 10% since the beginning of the year, while the S&P’s 500 index has risen roughly 6%. The stock has climbed almost 3% 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 CAT at https://www.zac...

Korea Championship Scores

Published Wed, 26 Feb 2025 20:59:25 GMT

ThursdayAt Jack Nicklaus Golf Club KoreaIncheon, South KoreaPurse: $2 millionYardage: 7,470; Par: 72First RoundAntoine Rozner, France33-30—63Sang-hyun Park, South Korea34-33—67Andy Sullivan, England32-35—67Alexander Bjork, Sweden34-34—68Alexander Knappe, Germany35-33—68Pablo Larrazabal, Spain35-33—68Hyungjoon Lee, South Korea35-33—68Yannik Paul, Germany33-35—68Sang-Moon Bae, South Korea35-34—69Jorge Campillo, Spain35-34—69Nicolas Colsaerts, Belgium35-34—69Deon Germishuys, South Africa34-35—69Hanmil Jung, South Korea33-36—69Bio Kim, South Korea36-33—69Guntaek Koh, South Korea36-33—69David Law, Scotland35-34—69Robert Macintyre, Scotland34-35—69David Micheluzzi, Australia35-34—69Taehoon Ok, South Korea36-33—69Tapio Pulkkanen, Finland32-37—69Jiho Yang, South Korea35-34—69Kiradech Aphibarnrat, Thailand34-36—70Grant Forrest, Scotland36-34—70Marcus Helligkilde, Denmark37-33—70Jung-gon Hwang, South Korea35-35—70Jazz Janewattananond, Thailand35-35—70Yeongsu Kim, South Korea33-37—70Robin Scio...

Korea Championship Par Scores

Published Wed, 26 Feb 2025 20:59:25 GMT

ThursdayAt Jack Nicklaus Golf Club KoreaIncheon, South KoreaPurse: $2 millionYardage: 7,470; Par: 72First RoundAntoine Rozner, France33-30—63-9Sang-hyun Park, South Korea34-33—67-5Andy Sullivan, England32-35—67-5Alexander Bjork, Sweden34-34—68-4Alexander Knappe, Germany35-33—68-4Pablo Larrazabal, Spain35-33—68-4Hyungjoon Lee, South Korea35-33—68-4Yannik Paul, Germany33-35—68-4Sang-Moon Bae, South Korea35-34—69-3Jorge Campillo, Spain35-34—69-3Nicolas Colsaerts, Belgium35-34—69-3Deon Germishuys, South Africa34-35—69-3Hanmil Jung, South Korea33-36—69-3Bio Kim, South Korea36-33—69-3Guntaek Koh, South Korea36-33—69-3David Law, Scotland35-34—69-3Robert Macintyre, Scotland34-35—69-3David Micheluzzi, Australia35-34—69-3Taehoon Ok, South Korea36-33—69-3Tapio Pulkkanen, Finland32-37—69-3Jiho Yang, South Korea35-34—69-3Kiradech Aphibarnrat, Thailand34-36—70-2Grant Forrest, Scotland36-34—70-2Marcus Helligkilde, Denmark37-33—70-2Jung-gon Hwang, South Korea35-35—70-2Jazz Janewattananond, Thailand...

CenterPoint: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 20:59:25 GMT

HOUSTON (AP) — HOUSTON (AP) — CenterPoint Energy Inc. (CNP) on Thursday reported first-quarter net income of $325 million.On a per-share basis, the Houston-based company said it had net income of 49 cents. Earnings, adjusted for costs related to mergers and acquisitions, were 50 cents per share.The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.The energy delivery company posted revenue of $2.78 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $2.79 billion.CenterPoint expects full-year earnings in the range of $1.48 to $1.50 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 CNP at https://www.zacks.com/ap/CNPSource

Amalgamated Financial: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 20:59:25 GMT

NEW YORK (AP) — NEW YORK (AP) — Amalgamated Financial Corp. (AMAL) on Thursday reported first-quarter net income of $21.3 million.On a per-share basis, the New York-based company said it had net income of 69 cents. Earnings, adjusted for non-recurring costs, came to 74 cents per share.The bank posted revenue of $90.1 million in the period. Its adjusted revenue was $72.5 million.Amalgamated Financial shares have dropped 29% since the beginning of the year. The stock has decreased roughly 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 AMAL at https://www.zacks.com/ap/AMALSource

Denver weather: Warmer before overnight rain, snow

Published Wed, 26 Feb 2025 20:59:25 GMT

DENVER (KDVR) — Afternoon sunshine helps to bring warmer weather to the metro on Thursday before evening showers and some overnight snow arrive in the Denver weather forecast.Weather today: More sunshine before evening showerMorning clouds will clear leading to afternoon sunshine with highs in the upper 60s on Thursday. Rain ‘up to the horses’ knees’: Tuesday storm leaves muddy mess Winds will become breezy during the second half of the day with evening showers.Pinpoint Weather: Daily forecast on April 27. Weather tonight: Rain and snow showersThe rain can switch over to snow in the foothills with mostly rain in the metro. Winds stay brisk overnight Thursday with lows in the lower 30s and cloudy skies.Pinpoint Weather: Overnight forecast on April 27. Winter weather advisories are in effect for the foothills from Thursday evening through early Friday morning with 3 to 8 inches of snow expected.Pinpoint Weather: Advisories on April 27. Looking ahead: Warming up through weekend and ...

Wendy’s will start selling canned chili in grocery stores

Published Wed, 26 Feb 2025 20:59:25 GMT

(CNN) — Wendy’s famous chili is typically sold hot at its restaurants. Soon, Wendy’s will sell its chili in canned form at grocery stores.The fast food chain is partnering with Conagra to bring Wendy’s “beloved chili into homes across the country” in canned-form for $4.49 when it hits shelves this spring.Similar to the chili served at Wendy’s, the canned version also delivers the “flavor you know and love from Wendy’s restaurants” and combines beef, peppers, beans and simmered in a tomato-based sauce. A can has 29 grams of protein, but a sodium amount wasn’t released.Wendy’s has served chili since 1969 and is one of its most popular and recognizable foods served. According to the company’s history, the chili was born out of leftover hamburgers at its restaurants, prompting founder Dave Thomas to come up with a creative idea to a “sustainable solution.”Conagra makes several well-known grocery it...