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CarMax: Fiscal Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 19:56:12 GMT

RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — CarMax Inc. (KMX) on Thursday reported fiscal third-quarter profit of $82 million.On a per-share basis, the Richmond, Virginia-based company said it had profit of 52 cents.The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.The used car dealership chain posted revenue of $6.15 billion in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $6.28 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMX at https://www.zacks.com/ap/KMXSource

Apogee Enterprises: Fiscal Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 19:56:12 GMT

MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Apogee Enterprises Inc. (APOG) on Thursday reported fiscal third-quarter earnings of $27 million.The Minneapolis-based company said it had net income of $1.23 per share.The glass products company posted revenue of $339.7 million in the period.Apogee Enterprises expects full-year earnings in the range of $4.55 to $4.70 per share.Apogee Enterprises shares have increased 16% since the beginning of the year. The stock has increased 19% 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 APOG at https://www.zacks.com/ap/APOGSource

PSG defender Presnel Kimpembe signs 2-year contract extension

Published Mon, 16 Dec 2024 19:56:12 GMT

PARIS (AP) — Central defender Presnel Kimpembe has signed a two-year contract extension with Paris Saint-Germain to 2026.The 28-year-old Kimpembe came through the club academy and signed his first professional contract in 2015. He has made 237 appearances for PSG and won the French league seven times and the French Cup six times. His current contract was to expire in June.Kimpembe has made 28 appearances for France and was part of the World Cup-winning squad in 2018, but missed last year’s World Cup in Qatar due to an Achilles tendon injury. He will undergo surgery in the next few days to resolve the ongoing injury.“I’m delighted to be continuing my story with the club I love,” Kimpembe said. “I would like to thank Paris Saint-Germain, the president, and the fans for their renewed faith. I hope to wear these colours again as soon as possible.”___AP soccer: https://apnews.com/hub/soccerSource

Timing, totals, impact of Christmas weekend snowstorm in Denver metro

Published Mon, 16 Dec 2024 19:56:12 GMT

DENVER (KDVR) — Snow is moving in just time for Christmas weekend, and several areas of Colorado will turn into a winter wonderland.Sunday is a Pinpoint Weather Alert Day as temperatures will drop from the 50s to the mid-30s, and many will wake up to snow on Sunday morning.The Pinpoint Weather team has been tracking the storm all week and looking at the chances for a white Christmas. The team has been reiterating that this storm continues to change, and so do snow totals. View the latest Weather Alerts in Denver and across Colorado on FOX31 Be sure to check the latest forecast update on Saturday night and into Sunday to make sure you are prepared to head out to meet family and friends.Here is everything you need to know about the Christmas weekend snowstorm.TimingA change in Denver will arrive Saturday evening when temperatures dip to around 50 degrees with rain showers. According to Pinpoint Weather Meteorologist Liz McGiffin, that rain will transition to snow showers by Saturda...

Green campaigners slam von der Leyen’s wolf-hunting mission

Published Mon, 16 Dec 2024 19:56:12 GMT

Brussels is on a mission to make wolves fair game for hunters. Campaigners and legal experts say it’s making a huge mistake.The European Commission on Wednesday said it wants to change the conservation status of wolves from “strictly protected” to “protected.” If it get its way, wolf-hunting will be authorized in the EU.While the Commission says its decision is based on “new data on increased populations and impacts,” environmental campaigners warn President Ursula von der Leyen is throwing away environmental protections to garner favor among her own political group — the center-right European People’s Party (EPP).“Today’s proposal from the Commission to lower the protection status of wolves under the international law is an early Christmas present to von der Leyen’s political family,” said Sergiy Moroz, a policy manager at the European Environmental Bureau.“The proposal is neither justified by science nor supported by public opinion,” he added.Vo...

Police investigating after Nativity scene vandalized at Boston Common

Published Mon, 16 Dec 2024 19:56:12 GMT

Police in Boston say they are investigating after a Nativity scene on the Boston Common was vandalized early Thursday morning.The Boston Police Department said it was just before 8 a.m. when they first received a call stating the Nativity scene off of Tremont Street had been vandalized with spray paint.“At 7:57 AM Officers from District A-1 responded to 139 Tremont St in Downtown for a report of vandalism,” the department stated. “Upon arrival it was discovered that someone had vandalized the base of the nativity scene with graffiti, the incident is currently under investigation and no further information is available at this time.”An image shared with 7NEWS showed the Nativity scene intact, with “JESUS WAS PALESTINIAN” spray-painted in white on a wooden board at the scene’s base. By 9:30 a.m., the words had been painted over. No additional details have been released.

McDonald’s is bringing Squishmallows to Happy Meals

Published Mon, 16 Dec 2024 19:56:12 GMT

New York (CNN) — One of the most in-demand toys for kids this holiday season is coming to McDonald’s.Beginning on December 26 for a limited time, US locations of the fast food chain are rolling out the Squishmallows Happy Meal, which contain a miniature-sized version of plush toy.Toys have long been part of the appeal for McDonald’s Happy Meals, with some of them even creating a massive frenzy like Beanie Babies and Transformers in the ’90s. But Happy Meals have been controversial over the years, particularly for concerns over health issues for children. In the past decade, the company has tweaked the Happy Meal menu to make it healthier. In 2018, for example, it promised to remove cheeseburgers from the menu by 2022.The popularity of Squishmallows could help McDonald’s ambitious growth plan, which includes a new recipe for its hamburgers, more restaurants and a spin-off called CosMc’s. Same-store sales at its US locations grew more ...

The US economy expanded 4.9% in the third quarter, slightly weaker than previously estimated

Published Mon, 16 Dec 2024 19:56:12 GMT

Washington, DC (CNN) — US economic growth was slightly lower in the third quarter than previously reported, but still robust, underscoring the sheer strength of America’s economy during the summer.Gross domestic product, the broadest measure of economic output, expanded at an annualized 4.9% rate from July through September, the Commerce Department reported Thursday. That’s a slower pace of growth than the 5.2% reported in the second estimate.Growth in the third quarter was the strongest in nearly two years as Americans spent on live concerts, films, and goods. The US economy has slowed from the red-hot pace set earlier in the year, but both hiring and spending remain solid.The department’s final estimate factored in weaker consumer spending, inventory investment and exports, while revising government outlays and business investment higher. Consumer spending, which accounts for about two-thirds of economic output, was revised down to 3.1% from 3.6%.Investors are bullish that Fe...

Warner Bros. Discovery and Paramount CEOs discuss possible merger

Published Mon, 16 Dec 2024 19:56:12 GMT

(CNN) — Warner Bros. Discovery Chief Executive David Zaslav met on Tuesday with Paramount Global Chief Executive Bob Bakish, and they broached a potential merger between the two companies, two people familiar with the matter told CNN.A potential merger of the two media giants would create an entertainment and news juggernaut, encompassing Warner Bros. and Paramount studios as well as CBS, CNN, and other cable television assets.The discussion over lunch, which was first reported by Axios, took place at Paramount’s global headquarters in New York City’s Times Square.Spokespeople for Warner Bros. Discovery and Paramount declined to comment.Still, Warner Bros. Discovery cannot for the time being enter into a transaction with Paramount, or any other entity, until an arcane tax statute prohibiting Zaslav from additional acquisitions or mergers ends in April 2024.The date, which marks the two-year anniversary of WarnerMedia’s $43 billion merger with Discovery, was agreed upon dur...

Fire erupts at San Ysidro trailer park, prompting evacuations

Published Mon, 16 Dec 2024 19:56:12 GMT

SAN DIEGO — A fire erupted at a trailer park in San Ysidro Thursday morning, San Diego police confirmed to FOX 5.The fire was reported around 6:20 a.m. in the trailer park at 181 Willow Road. According to San Diego Fire-Rescue, the first units arrived at 6:28 a.m.At least one person is trapped inside one of trailers impacted by the fire, SDPD said. Evacuations were called for surrounding areas.SkyFOX, who was over the fire around 6:45 a.m., caught a large plume of smoke coming from the fire that can be seen from the Interstate 5.It is unknown at this time what caused the fire.This is a developing story. Check back for updates.