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Douglas Emmett: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 19:44:23 GMT

SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Douglas Emmett Inc. (DEI) on Tuesday reported a key measure of profitability in its third quarter. The results beat Wall Street expectations.The Santa Monica, California-based real estate investment trust said it had funds from operations of $89.4 million, or 45 cents per share, in the period.The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 44 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had a loss of $13.4 million, or 8 cents per share.The real estate investment trust, based in Santa Monica, California, posted revenue of $255.4 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $251.2 million.Douglas Emmett expects full-year funds from operations to be $1.81 to $1.85 per share.____...

Pros Holdings: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 19:44:23 GMT

HOUSTON (AP) — HOUSTON (AP) — Pros Holdings Inc. (PRO) on Tuesday reported a loss of $13.9 million in its third quarter.The Houston-based company said it had a loss of 30 cents per share. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.The pricing and revenue-management software maker posted revenue of $77.3 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $75.7 million.For the current quarter ending in December, Pros Holdings expects its per-share earnings to range from 3 cents to 5 cents.The company said it expects revenue in the range of $76 million to $77 million for the fiscal fourth quarter. Analysts surveyed by Zacks had expected revenue of $68.1 million.Pros Holdings expects full-year revenue in the range of $302.2 million to $303.2 million._...

Amcor: Fiscal Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 19:44:23 GMT

WARMLEY BRISTOL, Britain (AP) — WARMLEY BRISTOL, Britain (AP) — Amcor plc (AMCR) on Tuesday reported fiscal first-quarter earnings of $152 million.The Warmley Bristol, Britain-based company said it had net income of 11 cents per share. Earnings, adjusted for non-recurring costs, came to 16 cents per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.The packaging company posted revenue of $3.44 billion in the period.Amcor expects full-year earnings in the range of 67 cents to 71 cents per share.Amcor shares have decreased 25% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.89, a decrease of 23% 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 AMCR at https://www.zacks.com/ap/AMCRSource

Vikings get QB Joshua Dobbs in deadline deal with Cardinals in fallout from Cousins injury

Published Mon, 16 Dec 2024 19:44:23 GMT

MINNEAPOLIS (AP) — The Minnesota Vikings agreed to acquire quarterback Joshua Dobbs in a trade with the Arizona Cardinals in the hours before the NFL trade deadline on Tuesday, adding another player with starting experience following the season-ending injury to Kirk Cousins.The deal was pending completion of a physical for Dobbs, who was acquired on Aug. 24 by the Cardinals in a trade with Cleveland. The Vikings will send a 2024 sixth-round draft pick to the Cardinals and receive a conditional 2024 seventh-rounder with Dobbs in return.“This immediate solution that we found provides us with a really quality player at a time when we were able to go out and get that player without potentially leaving the world of the future,” Vikings coach Kevin O’Connell said.The Vikings (4-4) also reached an agreement with Jacksonville to trade left guard Ezra Cleveland for a 2024 sixth-round draft pick, pending completion of a physical for Cleveland with the Jaguars. The pick coming to Minneso...

A woman who left Texas for India after her 6-year-old son went missing is charged with killing him

Published Mon, 16 Dec 2024 19:44:23 GMT

EVERMAN, Texas (AP) — A Texas woman who told various stories to explain her 6-year-old son’s absence before leaving the country has been charged with killing the child, who has been missing for a year.Cindy Rodriguez-Singh, 38, was indicted Monday by a Tarrant County grand jury on one count of capital murder, two counts of injury to a child and one count of abandoning a child without intent to return, Everman Police Chief Craig Spencer said at a news conference. Authorities have searched in and around Everman, the city south of Fort Worth where the family lived, but the body of Noel Rodriguez-Alvarez has not yet been found. Investigators say Noel was last seen in late October 2022.Spencer said he’s hopeful that the indictments will help in getting her arrested and returned to the U.S. from India. He said he did not know if she’s been located yet, but said that federal authorities were working the case. Spencer said he did not know of any attorney representing Rodri...

New executive order overhauls sexual harassment policies in District government 

Published Mon, 16 Dec 2024 19:44:23 GMT

D.C. Mayor Muriel Bowser has signed an executive order that aims to crack down on sexual harassment in District agencies.The 24-page order explicitly bans sexual and romantic relationships between supervisors and employees in their chain of command. Bowser administration officials said Tuesday each agency will define what the chain of command looks like.The updated policy also directs a Sexual Harassment Task Force to review current policies and procedures and make additional recommendations to help create a harassment-free environment.At an unrelated event Tuesday afternoon, Bowser said the order is a step toward D.C.’s goal of having a sexual harassment-free workforce.“We’re going to make the policies as clear as possible, so that people can be compliant,” Bowser said. “And at the end of the day, people have to do the right thing. And if they don’t, there will be consequences.”Employees will also have to be trained on sexual harassment ann...

Diamond Hill Investment Group: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 19:44:23 GMT

COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Diamond Hill Investment Group Inc. (DHIL) on Tuesday reported net income of $6.5 million in its third quarter.The Columbus, Ohio-based company said it had earnings of $2.20 per share. Earnings, adjusted for non-recurring costs and investment costs, came to $2.85 per share.The investment company posted revenue of $35.6 million in the period. Its revenue net of interest expense was $35.6 million, exceeding 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 DHIL at https://www.zacks.com/ap/DHILSource

Central Michigan investigating whether Michigan staffer was on its sideline scouting Michigan State

Published Mon, 16 Dec 2024 19:44:23 GMT

MOUNT PLEASANT, Mich. (AP) — Central Michigan said Tuesday it is investigating whether Michigan football staffer Connor Stalions was on its sideline scoping out Michigan State during its season opener in September.Photos circulating on the internet suggest that Stalions was on the Chippewas’ sideline during the Sept. 1 game, about six weeks before the Wolverines played and beat Michigan State. Stalions was suspended Oct. 20 by Michigan after a n investigation reportedly turned up videos of and documented plans and budgets for the scouting of the Wolverines’ opponents.“We became aware of these photos late yesterday and we are in the process of determining the facts surrounding them. As this process is ongoing, we have no further comment at this time,” Central Michigan athletic director Amy Folan said.Stalions, a low-level staffer for the Wolverines, was hired in 2022 as part of the recruiting staff. He has not commented publicly since the allegations surfaced. The NCAA is...

House Speaker Mike Johnson was once the dean of a Christian law school. It never opened its doors

Published Mon, 16 Dec 2024 19:44:23 GMT

WASHINGTON (AP) — Before House Speaker Mike Johnson was elected to public office, he was the dean of a small Baptist law school that didn’t exist. The establishment of the Judge Paul Pressler School of Law was supposed to be a capstone achievement for Louisiana College, which administrators boasted would “unashamedly embrace” a “biblical worldview.” Instead, it collapsed roughly a decade ago without enrolling students or opening its doors amid infighting by officials, accusations of financial impropriety and difficulty obtaining accreditation, which frightened away would-be donors. There is no indication that Johnson engaged in wrongdoing while employed by the private college, now known as Louisiana Christian University. But as a virtually unknown player in Washington, the episode offers insight into how Johnson navigated leadership challenges that echo the chaos, feuding and hard-right politics that have come to define the Republican House majority he now leads. The chapter i...

BlueLinx: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 19:44:23 GMT

MARIETTA, Ga. (AP) — MARIETTA, Ga. (AP) — BlueLinx Holdings Inc. (BXC) on Tuesday reported third-quarter earnings of $24.4 million.On a per-share basis, the Marietta, Georgia-based company said it had profit of $2.71. Earnings, adjusted for one-time gains and costs, came to $2.98 per share.The building products distributor posted revenue of $810 million in the period.BlueLinx shares have remained unchanged since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $71.11, an increase of roughly 1% 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 BXC at https://www.zacks.com/ap/BXCSource