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California lawmaker seeks to establish 20-year cardroom moratorium

Published Mon, 16 Dec 2024 18:46:22 GMT

Smaller cardrooms would be able to expand if a proposed a new gambling bill backed by California tribes gets the approval of the state legislature.On March 8, the Assembly Governmental Organization Committee approved advancing AB341, a proposal to invoke a new cardroom moratorium for the next 20 years. State Assemblymember James Ramos, the first California Indian ever elected to the state legislature, proposed the bill on Jan. 30.The new bill would create a new moratorium, that was previously established by the Gambling Control Act of 1997, which prevented new cardrooms from opening and existing ones from expanding in the last 25 years. The act set a 10-year moratorium on cardroom expansions, which the state legislature extended periodically with the exception of last year.The vote on a bill to extend the moratorium failed back in August after California Senate Governmental Organization Committee Chair Bill Dodd broke the deadlocked 3-3 vote causing the bill not to meet the Senate’s...

ANI: Q4 Earnings Snapshot

Published Mon, 16 Dec 2024 18:46:22 GMT

BAUDETTE, Minn. (AP) — BAUDETTE, Minn. (AP) — ANI Pharmaceuticals Inc. (ANIP) on Thursday reported a loss of $4.2 million in its fourth quarter.The Baudette, Minnesota-based company said it had a loss of 28 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 76 cents per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.The drugmaker posted revenue of $94.2 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $86.8 million.For the year, the company reported that its loss widened to $47.9 million, or $3.05 per share. Revenue was reported as $316.4 million.ANI expects full-year earnings in the range of $2.09 to $2.59 per share, with revenue in the range of $360 million to $385 million.ANI shares have increased 7% since the beginning of the year. The stock has increased 17% in the las...

Methode: Fiscal Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 18:46:22 GMT

CHICAGO (AP) — CHICAGO (AP) — Methode Electronics Inc. (MEI) on Thursday reported fiscal third-quarter earnings of $19.9 million.The Chicago-based company said it had profit of 54 cents per share.The maker of electrical components for the auto and computer industries posted revenue of $280.1 million in the period.Methode expects full-year earnings to be $2.50 to $2.60 per share, with revenue in the range of $1.16 billion to $1.18 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEI at https://www.zacks.com/ap/MEISource

Genesco: Fiscal Q4 Earnings Snapshot

Published Mon, 16 Dec 2024 18:46:22 GMT

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Genesco Inc. (GCO) on Thursday reported fiscal fourth-quarter earnings of $38.9 million.The Nashville, Tennessee-based company said it had profit of $3.21 per share. Earnings, adjusted for one-time gains and costs, were $3.06 per share.The seller of footwear, hats, clothing and accessories posted revenue of $725 million in the period.Genesco expects full-year earnings in the range of $5.10 to $5.90 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 GCO at https://www.zacks.com/ap/GCOSource

Precision BioSciences: Q4 Earnings Snapshot

Published Mon, 16 Dec 2024 18:46:22 GMT

DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — Precision BioSciences Inc. (DTIL) on Thursday reported a loss of $28.5 million in its fourth quarter.On a per-share basis, the Durham, North Carolina-based company said it had a loss of 26 cents.The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share.The genome editing company posted revenue of $10.6 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $6 million.For the year, the company reported that its loss widened to $111.6 million, or $1.27 per share. Revenue was reported as $25.1 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DTIL at https://www.zacks.com/ap/DTILSource

Duluth Holdings: Fiscal Q4 Earnings Snapshot

Published Mon, 16 Dec 2024 18:46:22 GMT

MOUNT HOREB, Wis. (AP) — MOUNT HOREB, Wis. (AP) — Duluth Holdings Inc. (DLTH) on Thursday reported fiscal fourth-quarter net income of $7.4 million.On a per-share basis, the Mount Horeb, Wisconsin-based company said it had profit of 23 cents.The clothing and tools supplier posted revenue of $241.8 million in the period.For the year, the company reported profit of $2.3 million, or 7 cents per share. Revenue was reported as $653.3 million.Duluth Holdings expects full-year earnings to be 2 cents to 8 cents per share, with revenue in the range of $645 million to $660 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLTH at https://www.zacks.com/ap/DLTHSource

Build-A-Bear: Fiscal Q4 Earnings Snapshot

Published Mon, 16 Dec 2024 18:46:22 GMT

ST. LOUIS (AP) — ST. LOUIS (AP) — Build-A-Bear Workshop Inc. (BBW) on Thursday reported fiscal fourth-quarter net income of $20.5 million.The St. Louis-based company said it had net income of $1.39 per share. Earnings, adjusted for non-recurring gains, came to $1.30 per share.The toy retailer posted revenue of $145.1 million in the period.For the year, the company reported profit of $48 million, or $3.15 per share. Revenue was reported as $467.9 million.Build-A-Bear shares have dropped 14% since the beginning of the year. The stock has risen 16% 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 BBW at https://www.zacks.com/ap/BBWSource

Home Point Capital: Q4 Earnings Snapshot

Published Mon, 16 Dec 2024 18:46:22 GMT

ANN ARBOR, Mich. (AP) — ANN ARBOR, Mich. (AP) — Home Point Capital Inc. (HMPT) on Thursday reported a fourth-quarter loss of $36.8 million, after reporting a profit in the same period a year earlier.On a per-share basis, the Ann Arbor, Michigan-based company said it had a loss of 27 cents. Losses, adjusted for non-recurring costs, were 16 cents per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.The mortgage originator and servicer posted revenue of $19.2 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $53.7 million.For the year, the company reported a loss of $163.7 million, or $1.18 per share, swinging to a loss in the period. Revenue was reported as $255.6 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report ...

PSG shows limits in yet another early Champions League exit

Published Mon, 16 Dec 2024 18:46:22 GMT

After Paris Saint-Germain was eliminated from the Champions League in the last 16 for the fifth time in seven years, Kylian Mbappé was not so surprised.Reflecting on his team’s 3-0 aggregate loss to Bayern Munich on Wednesday, the France striker bluntly said what was on everyone’s mind: This kind of performance against the biggest European teams is actually the maximum PSG can deliver.“I said it at the beginning of the season, in the first press conference of the season, that we were going to give our all. And that was our all … That’s the truth,” said Mbappé, who signed a contract extension last year with PSG precisely to win the Champions League title.But more than five years after joining PSG, the France striker has now played in twice as many World Cup finals as Champions League finals.“We’re going to ask ourselves the tough questions and go back to our daily routine, which is the league,” Mbappé said.Since cash-rich Qatari investors took over in 2011, PS...

Freezing rain making roads extremely hazardous in eastern Colorado

Published Mon, 16 Dec 2024 18:46:22 GMT

DENVER (KDVR) -- If you are traveling to the Eastern Plains on Thursday morning, prepare for hazardous travel.The Colorado State Patrol said freezing rain is falling across the eastern portion of the state, making travel extremely hazardous. Should you drive with hazard lights during a snowstorm? Meteorologist Kylie Bearse said that the freezing rain should end by late-morning into the early afternoon. There is a winter weather advisory in effect for the Eastern Plains until 11 a.m. due to freezing fog, freezing drizzle and freezing rain.If you need to travel, here are some tips from the National Weather Service on driving in freezing rain:Slow downDon't use cruise controlLeave plenty of distance between you and other vehicles"Compared to a typical snowstorm, freezing rain is much more hazardous — especially on the road. While both are dangerous, it’s far easier to lose control of your vehicle on icy pavement, not to mention the increased risk of falling branches and powerlines. B...