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Catalent: Fiscal Q4 Earnings Snapshot

Published Fri, 27 Dec 2024 08:30:24 GMT

SOMERSET, N.J. (AP) — SOMERSET, N.J. (AP) — Catalent Inc. (CTLT) on Tuesday reported a loss of $86 million in its fiscal fourth quarter.On a per-share basis, the Somerset, New Jersey-based company said it had a loss of 48 cents. Earnings, adjusted for one-time gains and costs, were 9 cents per share.The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.The maker of drug delivery technologies posted revenue of $1.07 billion in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $1.05 billion.For the year, the company reported a loss of $232 million, or $1.29 per share. Revenue was reported as $4.28 billion.Catalent expects full-year revenue in the range of $4.3 billion to $4.5 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTL...

Norfolk Southern is recovering from a hardware-related technology outage that shut down its system

Published Fri, 27 Dec 2024 08:30:24 GMT

NEW YORK (AP) — Norfolk Southern railroad is recovering from a “hardware-related technology outage” that impacted its rail systems Monday, but there may be lingering effects for at least a couple of weeks. The railroad said there is no indication that the outage was related to any cybersecurity incident. All system functionality was restored by 7 p.m. Eastern on Monday, the company said, and it is bringing the rail network back online. Norfolk has been in contact with its customers and is working Tuesday to get shipments where they need to be. Norfolk Southern Corp., based in Atlanta, is in the crosshairs of federal regulators after a derailment in Ohio earlier this year led to a fiery, toxic chemical spill. In a 143-page report this month, the Federal Railroad Administration said that Norfolk has made some improvements, but is nowhere near the “gold standard for safety.” The railroad is too often only willing to meet minimum safety requirements, regulators said. The agency has prom...

Malibu Boats: Fiscal Q4 Earnings Snapshot

Published Fri, 27 Dec 2024 08:30:24 GMT

LOUDON, Tenn. (AP) — LOUDON, Tenn. (AP) — Malibu Boats Inc. (MBUU) on Tuesday reported a loss of $17.4 million in its fiscal fourth quarter.The Loudon, Tennessee-based company said it had a loss of 86 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to $2.98 per share.The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.33 per share.The maker of performance sports boats posted revenue of $372.3 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $328.1 million.For the year, the company reported profit of $104.5 million, or $5.06 per share. Revenue was reported as $1.39 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBUU at https://www.zacks.com/ap/MBUUSource

Man United goalkeeper André Onana named in Cameroon squad to end World Cup dispute with coach

Published Fri, 27 Dec 2024 08:30:24 GMT

YAOUNDE, Cameroon (AP) — Despite being sent home from last year’s World Cup, Manchester United goalkeeper André Onana has come out of international retirement to be in the Cameroon squad named Tuesday by coach Rigobert Song.Onana was selected in a 24-player squad for an African Cup qualifying game against Burundi on Sept. 12. Cameroon needs only to draw the home game to advance to the tournament, which starts on Jan. 13 in Ivory Coast.Onana said he was ending his international career last December at the age of 26. He was dropped after starting Cameroon’s first game at the World Cup in Qatar — a 1-0 loss to Switzerland — in a disagreement over team tactics with Song, who said players needed to “show discipline and respect.”Cameroon then drew 3-3 with Serbia and beat Brazil 1-0 but did not advance to the round of 16.Onana, however, said last year: “Cameroon remains eternal and so does my love for the national team.”___AP soccer: https://apnews.com/hub/soccerSource

Best Buy: Fiscal Q2 Earnings Snapshot

Published Fri, 27 Dec 2024 08:30:24 GMT

RICHFIELD, Minn. (AP) — RICHFIELD, Minn. (AP) — Best Buy Co. (BBY) on Tuesday reported fiscal second-quarter profit of $274 million.On a per-share basis, the Richfield, Minnesota-based company said it had profit of $1.25. Earnings, adjusted for one-time gains and costs, came to $1.22 per share.The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.The consumer electronics retailer posted revenue of $9.58 billion in the period, which also topped Street forecasts. Eleven analysts surveyed by Zacks expected $9.52 billion.Best Buy expects full-year earnings in the range of $6 to $6.40 per share, with revenue in the range of $43.8 billion to $44.5 billion.Best Buy shares have fallen nearly 8% since the beginning of the year, while the S&P’s 500 index has climbed 15%. The stock has decreased slightly in the last 12 months._____This story was generated by Automated Insights (h...

Smucker: Fiscal Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 08:30:24 GMT

ORRVILLE, Ohio (AP) — ORRVILLE, Ohio (AP) — J.M. Smucker Co. (SJM) on Tuesday reported fiscal first-quarter net income of $183.6 million.On a per-share basis, the Orrville, Ohio-based company said it had net income of $1.79. Earnings, adjusted for amortization costs and non-recurring costs, were $2.21 per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.07 per share.The food maker posted revenue of $1.81 billion in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $1.84 billion.Smucker expects full-year earnings in the range of $9.45 to $9.85 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 SJM at https://www.zacks.com/ap/SJMSource

Big Lots: Fiscal Q2 Earnings Snapshot

Published Fri, 27 Dec 2024 08:30:24 GMT

COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Big Lots Inc. (BIG) on Tuesday reported a loss of $249.8 million in its fiscal second quarter.The Columbus, Ohio-based company said it had a loss of $8.56 per share. Losses, adjusted for pretax expenses and non-recurring costs, came to $3.24 per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $4.15 per share.The discount retailer posted revenue of $1.14 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $1.1 billion.Big Lots shares have declined 57% since the beginning of the year. The stock has declined 71% 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 BIG at https://www.zacks.com/ap/BIGSource

Chico’s: Fiscal Q2 Earnings Snapshot

Published Fri, 27 Dec 2024 08:30:24 GMT

FT MYERS, Fla. (AP) — FT MYERS, Fla. (AP) — Chico’s FAS Inc. (CHS) on Tuesday reported net income of $59.3 million in its fiscal second quarter.The Ft Myers, Florida-based company said it had profit of 49 cents per share. Earnings, adjusted for pretax gains, came to 28 cents per share.The clothing chain posted revenue of $545.1 million in the period.For the current quarter ending in October, Chico’s said it expects revenue in the range of $505 million to $525 million.The company expects full-year earnings to be 87 cents to 95 cents per share, with revenue ranging from $2.15 billion to $2.17 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHS at https://www.zacks.com/ap/CHSSource

These are the most dangerous spiders in Colorado

Published Fri, 27 Dec 2024 08:30:24 GMT

DENVER (KDVR) — Spiders will be creeping into Colorado homes more frequently as the weather starts to cool down this winter. Spiders can certainly give you the creeps, but most are harmless, other than sending shivers down your spine. Thousands of tarantulas to ‘migrate’ in Colorado: Here’s where to see it Many spiders can bite, and those bites might cause irritation, but only a couple of species in Colorado are dangerous to humans, according to Colorado State University.Western black widowThe infamous black widow is the most common type of dangerous spider in Colorado, according to Colorado State University. Widow spiders are not aggressive and rarely bite. But when they do, it can be painful and potentially dangerous. CSU said the bite most often comes with an immediate prickling pain, but is sometimes unnoticeable. According to CSU, the spiders produce a toxin in their venom that targets the nervous system. Oftentimes, victims of black widow bites experience muscle and chest pa...

Eminem asks Ramaswamy to stop using his music after ‘Lose Yourself’ performance

Published Fri, 27 Dec 2024 08:30:24 GMT

(CNN) — After performing his rendition of Eminem’s “Lose Yourself” at the Iowa State Fair, Republican presidential candidate Vivek Ramaswamy has been asked by the Real Slim Shady to stand down.BMI, a performing rights organization, has informed Ramaswamy’s campaign at Eminem’s request that it will no longer license the rapper’s music for use by the campaign. In a letter to the campaign dated August 23, BMI says it “received a communication from Marshall B. Mathers, III, professionally known as Eminem, objecting to the Vivek Ramaswamy campaign’s use of Eminem’s musical compositions,” according to a copy of the letter obtained by CNN.CNN has reached out to Eminem’s representative for comment.The letter, which was first reported by the Daily Mail, was sent more than a week after Ramaswamy concluded an appearance alongside Iowa Gov. Kim Reynolds at the Iowa State Fair with an impromptu karaoke performance of the popular Eminem song, rapping along with the song’s first verse and chorus. ...