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22nd Century: Q3 Earnings Snapshot

Published Tue, 24 Dec 2024 02:41:58 GMT

BUFFALO, N.Y. (AP) — BUFFALO, N.Y. (AP) — 22nd Century Group Inc. (XXII) on Monday reported a loss of $72.7 million in its third quarter.On a per-share basis, the Buffalo, New York-based company said it had a loss of $3.68. Losses, adjusted for asset impairment costs and restructuring costs, were 78 cents per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 91 cents per share.The plant biotechnology company posted revenue of $17.8 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $20.1 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XXII at https://www.zacks.com/ap/XXIISource

Air Lease: Q3 Earnings Snapshot

Published Tue, 24 Dec 2024 02:41:58 GMT

LOS ANGELES (AP) — LOS ANGELES (AP) — Air Lease Corp. (AL) on Monday reported third-quarter profit of $132.5 million.The Los Angeles-based company said it had net income of $1.10 per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.The company that leases planes to airlines posted revenue of $659.4 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $659.2 million.Air Lease shares have decreased 4% since the beginning of the year. The stock has risen almost 5% 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 AL at https://www.zacks.com/ap/ALSource

Aid trickles in as survivors salvage belongings from rubble in Nepal villages struck by earthquake

Published Tue, 24 Dec 2024 02:41:58 GMT

KATHMANDU, Nepal (AP) — Aid trickled in to villages Monday in Nepal’s northwest mountains flattened by a strong earthquake over the weekend as villagers searched through the rubble of their collapsed homes to salvage what was left of their belongings.The magnitude 5.6 temblor struck just minutes before midnight Friday, killing 157 people, injuring scores and leaving thousands homeless. The U.S. Geological Survey said that the quake occurred at a depth of 11 miles (18 kilometers). Nepal’s National Earthquake Monitoring and Research Center confirmed that the epicenter was in Jajarkot, about 400 kilometers (250 miles) northeast of the capital, Kathmandu.Authorities on Monday pressed on with efforts to bring food and other supplies, tents and medicines to the remote villages, many only reachable by foot. Roads were also blocked by landslides triggered by the earthquake. Soldiers could be seen trying to clear blocked roads.Later in the afternoon, the ground shook again with a magnitude 5...

Maryland man has a lofty adventure goal: Achieve the Explorer’s Grand Slam

Published Tue, 24 Dec 2024 02:41:58 GMT

For years, Seb Audy has visualized achieving the ‘Explorer’s Grand Slam.’ Also known as “Adventurers Grand Slam,” the quest includes scaling the world’s highest seven mountain peaks and reaching the North and South poles.To say it’s difficult is an understatement, Audy said. But the Chevy Chase, Maryland, resident has a strategy.“There’s a simple equation. You need to have a vision,” he said. “Then you need to have a strategy and a plan. And then execute with discipline and consistency.”Fewer than 70 people worldwide have achieved the Grand Slam. Audy has already climbed the mountains, from Everest to Vinson. Last year, he braved bone-chilling temperatures to reach the South Pole on skis.The last leg in his adventure goal, a ski expedition to the North Pole, has been canceled three years in a row. He plans to try again in April.“It’s very disappointing,” said Audy, who lives and trains in Maryland. “It’s a little bit like if you’re an Olympic athlete and two weeks before the Olympic...

Mirati: Q3 Earnings Snapshot

Published Tue, 24 Dec 2024 02:41:58 GMT

SAN DIEGO (AP) — SAN DIEGO (AP) — Mirati Therapeutics Inc. (MRTX) on Monday reported a loss of $161.9 million in its third quarter.On a per-share basis, the San Diego-based company said it had a loss of $2.49.The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of $2.92 per share.The biopharmaceutical company posted revenue of $16.4 million in the period, falling short of Street forecasts. Eight analysts surveyed by Zacks expected $19 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRTX at https://www.zacks.com/ap/MRTXSource

Affiliated Managers: Q3 Earnings Snapshot

Published Tue, 24 Dec 2024 02:41:58 GMT

WEST PALM BEACH, Fla. (AP) — WEST PALM BEACH, Fla. (AP) — Affiliated Managers Group Inc. (AMG) on Monday reported third-quarter profit of $217 million.The West Palm Beach, Florida-based company said it had profit of $5.48 per share. Earnings, adjusted for non-recurring gains, came to $4.08 per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.78 per share.The asset manager posted revenue of $525.2 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $514.7 million.Affiliated Managers shares have fallen 19% since the beginning of the year. The stock has risen slightly more than 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 AMG at https://www.zacks.com/ap/AMGSource

Suspect arrested after firing at officers during barricade situation

Published Tue, 24 Dec 2024 02:41:58 GMT

DENVER (KDVR) — A shelter-in-place was issued for several blocks in the Highland neighborhood in Denver on Sunday evening.The Denver Police Department told FOX31 the barricade was in the area of 35th and Navajo Street. The shelter-in-place was issued to ensure safety in the area because police were working on negotiating with a barricaded man. Arvada Police searching for possibly armed shooting suspect The situation started with a call for a person in crisis, but DPD said it turned out that the person involved had multiple warrants, and he barricaded himself in the area.According to the Denver Police Department, the suspect was taken into custody between 2 and 2:30 a.m. on Monday.Police said the suspect fired shots at Denver Police SWAT several times, however, no officers were injured.DPD will provide more information on the situation at a later time.

GOP Rep. Ken Buck plans to challenge his party's direction under Trump as he leaves the House

Published Tue, 24 Dec 2024 02:41:58 GMT

WASHINGTON (AP) — Rep. Ken Buck has had enough.When the Colorado Republican announced this past week that he would not seek reelection, he began with the type of criticism of Democratic policies that is standard fare for a hard-line conservative. But then Buck turned his ire to fellow Republicans, spending most of the three-minute announcement video accusing them of being “obsessively fixated on retribution and vengeance for contrived injustices of the past.”Buck's scorched-earth approach caught few on Capitol Hill by surprise.With a deadpan demeanor, an independent streak and a background as a federal prosecutor, Buck has gained national prominence as a House Republican fed up with Donald Trump’s lies about the 2020 presidential election he lost to Democrat Joe Biden and the Trump allies in Congress who amplify them. It's a stand few others in the GOP are taking and is a remarkable turn that shows just how deeply Trump's once-fringe lies about that race have settled into the Republ...

Singapore’s Changi Airport fully reopens Terminal 2 following dramatic makeover

Published Tue, 24 Dec 2024 02:41:58 GMT

(CNN) — Singapore’s Changi Airport has fully reopened Terminal 2 following a massive 3.5-year expansion project.And given it was voted the world’s best airport in the 2023 Skytrax Airport Awards, it should come as little surprise this was no ordinary makeover.Around 21,000 square meters (226,000 square feet) have been added to the original terminal building, providing additional infrastructure, new systems and more shopping and dining offerings.Nature is the overriding design theme in the refreshed T2, with one of the star attractions being a 14-meter-high digital waterfall display. Surrounded by a vertical garden, “The Wonderfall” is located in the departure hall and cascades over megalithic boulders.Keeping with the nature theme, over in the departure transit area travelers can take in the new Dreamscape garden, which features an array of plants, all brought alive by a “digital sky” that changes colors depending on the time of day.Meanwhile, vintage travel...

Israeli forces cut off north Gaza as Palestinian death toll from monthlong war passes 10,000

Published Tue, 24 Dec 2024 02:41:58 GMT

DEIR AL-BALAH, Gaza Strip (AP) — Israeli forces severed northern Gaza from the rest of the besieged territory and pounded it with intense airstrikes overnight into Monday, as the Palestinian death toll from a month of fighting passed 10,000. An even bloodier phase is expected as Israeli troops push into the dense confines of Gaza City.Palestinians held a mass funeral for dozens killed a day earlier in strikes in the south, where Israel has told civilians to seek refuge though it has continued to strike targets all across the coastal enclave.Troops are expected to enter Gaza City soon, Israeli media reported, and Palestinian militants who have had years to prepare are likely to fight street by street, launching ambushes from a vast network of tunnels.Casualties will likely rise on both sides in the war, which has already killed at least 10,022 Palestinians, according to Gaza’s Health Ministry, which does not distinguish between fighters and civilians. Some 1,400 Israelis have died, m...