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Bay Area foursome arrested in high-speed Santa Cruz County pursuit

Published Tue, 05 Nov 2024 12:32:57 GMT

CAPITOLA — Officers arrested four Bay Area men they say led them on a high-speed highway pursuit in a stolen vehicle early Tuesday morning.Officers successfully deployed a spike strip in the Capitola area of Highway 1 during a high-speed vehicle chase Tuesday. (California Highway Patrol — Contributed) The chase began shortly before 2 a.m. on southbound Highway 1, when the California Highway Patrol attempted to pull over an allegedly speeding driver in a black 2017 Hyundai Tucson. The vehicle had been reported stolen out of Oakland earlier this month. Pursuing the vehicle from north of Buena Vista Drive in Freedom, the officer followed the SUV to the Main Street offramp. There, the driver performed a U-turn back onto the highway, headed northbound.Officers recovered a Ruger .40-caliber handgun discarded on the path where the car’s occupants fled near the 41st Avenue onramp to Highway 1. (California Highway Patrol — Contributed) The driver, later identified by police as Josu...

Rogers Communication: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 12:32:57 GMT

TORONTO (AP) — TORONTO (AP) — Rogers Communication Inc. (RCI) on Wednesday reported first-quarter earnings of $377.9 million.The Toronto-based company said it had profit of 74 cents per share. Earnings, adjusted for non-recurring costs, came to 81 cents per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.The communications and media company posted revenue of $2.84 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $2.71 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RCI at https://www.zacks.com/ap/RCISource

American Tower: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 12:32:57 GMT

BOSTON (AP) — BOSTON (AP) — American Tower Corp. (AMT) on Wednesday reported a key measure of profitability in its first quarter. The results topped Wall Street expectations.The real estate investment trust, based in Boston, said it had funds from operations of $1.19 billion, or $2.54 per share, in the period.The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of $2.38 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 net income of $335.8 million, or 72 cents per share.The wireless communications infrastructure company posted revenue of $2.77 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $2.74 billion.American Tower expects full-year funds from operations in the range of $9.53 to $9.76 per share.The company’s shares have decreased almost ...

Alkermes: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 12:32:57 GMT

DUBLIN (AP) — DUBLIN (AP) — Alkermes PLC (ALKS) on Wednesday reported a loss of $41.8 million in its first quarter.On a per-share basis, the Dublin-based company said it had a loss of 25 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 1 cent per share.The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.The drugmaker posted revenue of $287.6 million in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $284.2 million.Alkermes shares have increased 17% since the beginning of the year. The stock has risen 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 ALKS at https://www.zacks.com/ap/ALKSSource

Healthcare Services: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 12:32:57 GMT

BENSALEM, Pa. (AP) — BENSALEM, Pa. (AP) — Healthcare Services Group Inc. (HCSG) on Wednesday reported first-quarter earnings of $12.7 million.The Bensalem, Pennsylvania-based company said it had profit of 17 cents per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.The provider of housekeeping, laundry and dietary services to health care facilities posted revenue of $417.2 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $423.1 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCSG at https://www.zacks.com/ap/HCSGSource

Beasley: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 12:32:57 GMT

NAPLES, Fla. (AP) — NAPLES, Fla. (AP) — Beasley Broadcast Group Inc. (BBGI) on Wednesday reported a loss of $3.5 million in its first quarter.On a per-share basis, the Naples, Florida-based company said it had a loss of 12 cents.The radio broadcaster posted revenue of $57.8 million in the period.The company’s shares closed at 77 cents. A year ago, they were trading at $1.75._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBGI at https://www.zacks.com/ap/BBGISource

CME: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 12:32:57 GMT

CHICAGO (AP) — CHICAGO (AP) — CME Group Inc. (CME) on Wednesday reported first-quarter net income of $883.8 million.The Chicago-based company said it had net income of $2.43 per share. Earnings, adjusted for one-time gains and costs, were $2.42 per share.The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.36 per share.The parent company of the Chicago Board of Trade and other exchanges posted revenue of $1.44 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.42 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CME at https://www.zacks.com/ap/CMESource

Masco: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 12:32:57 GMT

LIVONIA, Mich. (AP) — LIVONIA, Mich. (AP) — Masco Corp. (MAS) on Wednesday reported first-quarter net income of $205 million.The Livonia, Michigan-based company said it had profit of 90 cents per share. Earnings, adjusted for non-recurring gains, were 87 cents per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.The maker of Behr paint, Delta faucets and other building products posted revenue of $1.98 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $1.92 billion.Masco expects full-year earnings in the range of $3.10 to $3.40 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 MAS at https://www.zacks.com/ap/MASSource

Old Dominion: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 12:32:57 GMT

THOMASVILLE, N.C. (AP) — THOMASVILLE, N.C. (AP) — Old Dominion Freight Line Inc. (ODFL) on Wednesday reported first-quarter earnings of $285 million.On a per-share basis, the Thomasville, North Carolina-based company said it had profit of $2.58.The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.69 per share.The trucking company posted revenue of $1.44 billion in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $1.49 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ODFL at https://www.zacks.com/ap/ODFLSource

General Dynamics: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 12:32:57 GMT

RESTON, Va. (AP) — RESTON, Va. (AP) — General Dynamics Corp. (GD) on Wednesday reported first-quarter earnings of $730 million.On a per-share basis, the Reston, Virginia-based company said it had net income of $2.64.The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.56 per share.The defense contractor posted revenue of $9.88 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $9.32 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GD at https://www.zacks.com/ap/GDSource