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Hennessy Advisors: Fiscal Q2 Earnings Snapshot

Published Mon, 24 Feb 2025 00:14:35 GMT

NOVATO, Calif. (AP) — NOVATO, Calif. (AP) — Hennessy Advisors Inc. (HNNA) on Wednesday reported profit of $1.2 million in its fiscal second quarter.On a per-share basis, the Novato, California-based company said it had profit of 15 cents.The investment manager posted revenue of $5.9 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HNNA at https://www.zacks.com/ap/HNNASource

CS Disco: Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 00:14:35 GMT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CS Disco Inc. (LAW) on Wednesday reported a loss of $20.4 million in its first quarter.On a per-share basis, the Austin, Texas-based company said it had a loss of 34 cents. Losses, adjusted for stock option expense and restructuring costs, came to 20 cents per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.The legal technology company posted revenue of $33.1 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $32.1 million.For the current quarter ending in June, CS Disco said it expects revenue in the range of $31 million to $33 million.The company expects full-year revenue in the range of $135 million to $145 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ...

Biden goes after Republicans on debt limit in campaign-style speech

Published Mon, 24 Feb 2025 00:14:35 GMT

VALHALLA, N.Y. (AP) — President Joe Biden on Wednesday blasted Republican-demanded spending cuts as “devastating,” making his case in a campaign-style speech to voters as lawmakers met in Washington on raising the government’s borrowing limit to avoid a potentially catastrophic U.S. default.The president is showing an increased willingness to discuss possible budget restraints, yet he insisted anew that any talks on that should occur without the risk of the federal government being unable to pay its bills. As he spoke, negotiators from the White House and Congress met for two hours privately at the Capitol to discuss a path forward.“America is the strongest economy in the world, but we should be cutting spending and lowering the deficit without a needless crisis,” Biden said Wednesday.His words were a challenge to House Speaker Kevin McCarthy, who met Tuesday with Biden at the White House, declaring afterward that sharp spending cuts were required for House Republicans t...

Search for St. Louis prosecutor Gardner’s replacement begins

Published Mon, 24 Feb 2025 00:14:35 GMT

JEFFERSON CITY, Mo. (AP) — Missouri’s Republican governor on Wednesday officially opened the application process to replace St. Louis’ embattled prosecutor, Kim Gardner, who resigned last week amid crushing pressure from Republicans who have called her negligent.Gov. Mike Parson said he’s looking for a “member of the St. Louis community” with “strong managerial experience,” a “commitment to the rule of law” and a record of “fair and just” application of state and local law.“We truly want the best person for the job who can restore law and order to our great City of St. Louis,” Parson said in a statement. “The prosecutor we appoint has a real opportunity to make meaningful and lasting change that strengthens public safety.”Parson has only weeks to name a successor to Gardner, who is the city’s first Black circuit attorney. Her last day is June 1.Republicans have been calling for Gardner to resign for months. They argue too many cases, including homicides, have gone ...

Kaleyra: Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 00:14:35 GMT

NEW YORK (AP) — NEW YORK (AP) — Kaleyra, Inc. (KLR) on Wednesday reported a loss of $10 million in its first quarter.The New York-based company said it had a loss of 76 cents per share. Losses, adjusted for non-recurring costs and amortization costs, came to 8 cents per share.The company posted revenue of $83.6 million in the period.For the current quarter ending in June, Kaleyra said it expects revenue in the range of $80 million to $84 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KLR at https://www.zacks.com/ap/KLRSource

CareTrust REIT: Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 00:14:35 GMT

SAN CLEMENTE, Calif. (AP) — SAN CLEMENTE, Calif. (AP) — CareTrust REIT Inc. (CTRE) on Wednesday reported a key measure of profitability in its first quarter. The results did not meet Wall Street expectations.The real estate investment trust, based in San Clemente, California, said it had funds from operations of $35 million, or 35 cents per share, in the period.The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 37 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 net income of $19.2 million, or 19 cents per share.The health care real estate investment trust, based in San Clemente, California, posted revenue of $50.6 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stoc...

Rare momentum on a Texas gun bill stalls in the state’s Republican-controlled legislature

Published Mon, 24 Feb 2025 00:14:35 GMT

AUSTIN, Texas (AP) — Rare momentum in the Texas Capitol for a tougher gun law flickered out Wednesday after Republicans stalled a bill that would raise the purchase age for AR-style rifles, virtually assuring the GOP-controlled Legislature will in no major way restrict gun access after more mass shootings. The legislation — always a longshot at best — now has little chance of coming back after unexpectedly coming within reach of a full vote in the state House with the help of two Republicans, which sent Texas’ powerful gun lobby scrambling into action. The unusual forward progress in Texas of a proposed gun restriction jolted the Capitol on Monday, two days after a gunman near Dallas opened fire at an outdoor shopping mall with an AR-style rifle, killing eight people. But late Tuesday night, House Republicans let a deadline lapse that stops the bill from going any further. “Uvalde families didn’t fail. Texas politicians did,” tweeted Kimberly Mata Rubio, whose 10-year-old daug...

Severe weather continues around Denver: Live updates

Published Mon, 24 Feb 2025 00:14:35 GMT

DENVER (KDVR) -- Severe weather is hitting the Denver area Wednesday afternoon and is expected throughout the evening on this Pinpoint Weather Alert Day. Live weather radar mapWatches and warnings: Full listLatest Pinpoint Weather forecastThe Pinpoint Weather team and FOX31 crew are covering weather around the Denver area. Live updates will be posted here and you can watch coverage on FOX31.Live updates

Disney+, Hulu will become 'one-app experience' this year: CEO

Published Mon, 24 Feb 2025 00:14:35 GMT

(NEXSTAR) - Tired of having so many streaming apps? Disney's CEO is hoping to cut back on that. Disney currently offers three streaming services - Disney+, home to various Disney movies and shows; Hulu, offering Hulu originals and next-day episodes from multiple networks; and ESPN+, which has live sports, studio shows, and series. By the end of the year, Disney is planning to create a "one-app experience," to incorporate Hulu content with Disney+, CEO Bob Iger said during an earnings call Wednesday. He called it "a logical progression of our DTC [direct-to-consumer] offerings," CNBC reports. All three of Disney's streaming services will continue to be stand-alone services, according to Iger. Additionally, Disney plans to raise the cost of its ad-free Disney+ plan, which is currently $10.99. The cost for that tier, as well as others, was increased late last year. Another solar storm may bring northern lights to US Wednesday, Thursday Hulu subscription prices were also raised last ...

Starbucks rolls out $1 charge for certain orders, causing confusion

Published Mon, 24 Feb 2025 00:14:35 GMT

(NEXSTAR) – Starbucks boasts more than 170,000 ways for customers to tailor drink orders to get a preferred type of milk or that perfect sweetness level, but a new $1 charge is causing some confusion.On Tuesday, the coffee chain announced that customers who request a Refresher with no water will have to pay a buck extra, "as this customization requires extra ingredients."Starbucks Refreshers are cold drinks that are made with various fruit juices and green coffee extract."This change allows us to provide a more consistent approach to customization, similar to other beverage customizations such as adding an espresso shot or syrup which incur an additional charge," a Starbucks spokesperson told Nexstar in a statement.News of the surcharge prompted confusion on social media, however. "Apparently starbucks will now charge you $1 extra if you ask for light ice," one person tweeted.A Reddit user posted an image purportedly showing a sign posted at a Starbucks announcing that Refreshers mu...