Home

Monro: Fiscal Q4 Earnings Snapshot

Published Mon, 23 Dec 2024 16:18:51 GMT

ROCHESTER, N.Y. (AP) — ROCHESTER, N.Y. (AP) — Monro Muffler Brake Inc. (MNRO) on Thursday reported earnings of $409,000 in its fiscal fourth quarter.On a per-share basis, the Rochester, New York-based company said it had profit of 1 cent. Earnings, adjusted for non-recurring costs, were 8 cents per share.The automotive repair chain posted revenue of $310.8 million in the period.For the year, the company reported profit of $39 million, or $1.20 per share. Revenue was reported as $1.33 billion.For the current quarter ending in June, Monro said it expects revenue in the range of $330 million to $335 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MNRO at https://www.zacks.com/ap/MNROSource

Ford recalls SUVs, some for a second time, to fix rear camera display

Published Mon, 23 Dec 2024 16:18:51 GMT

DETROIT (AP) — Ford is recalling over 422,000 SUVs in the U.S. because the image from the rear camera may not be displayed.The recall covers certain Ford Explorers and Lincoln Aviators from the 2020 through 2023 model years, as well as 2020 through 2022 Lincoln Corsairs. All have 360-degree cameras.Some of the vehicles were recalled for the same problem earlier this year, but the remedy didn’t work.The National Highway Traffic Safety Administration says in documents that the lack of a rear camera image can cut visibility, increasing the risk of a crash.Ford says it’s working with parts suppliers to identify the cause and develop a repair. Vehicles that were fixed under a January recall will have to be repaired again.Source

First 4 miles of I-66 ‘parallel trail’ now open to cyclists, pedestrians

Published Mon, 23 Dec 2024 16:18:51 GMT

The first section of the 66 Parallel Trail is available for people to enjoy. Once complete, the new shared-use path will span 11 miles in Fairfax County, Virginia.A ribbon-cutting ceremony was held at the Vienna-Fairfax/GMU Metrorail Station on Wednesday, next to the new 18-mile trail which is planned to stretch into neighboring Prince William County.The initial four miles connects Cedar Lane to Chain Bridge Road, providing pedestrian and bicycle access between Vienna and Oakton. The entire trail, expected to be completed later this summer, will extend from Dunn Loring to Centreville, according to I-66 Express Mobility Partners (EMP).Because residents in the area did not want the trail built along their backyards, three of the newly opened miles of trail rest between a four- to 5-foot-high concrete soundwall and vehicle traffic, exposing users to noise and pollution and vehicles along Interstate 66.EMP, which operates the 66 Express Outside the Beltway lanes, is funding the trail...

Walmart boosts outlook after a strong first quarter and rising online sales

Published Mon, 23 Dec 2024 16:18:51 GMT

NEW YORK (AP) — Walmart reported a strong first quarter as the nation’s largest retailer continues to draw budget conscious consumers in a challenging economic environment.The company, based in Bentonville, Arkansas, offered an upbeat outlook for the year.Walmart reported net income of $1.63 billion, or 62 cents per share for the three month period ended April 30. Earnings, adjusted for non-recurring costs, came to $1.47 per share, far exceeding the per-share earnings of $1.32 that Wall Street was looking for, according to a survey by FactSet. That compares with $141.57 billion, or 74 cents per share, in the year ago period.Sales rose 7.6% to $152.3 billion, also topping estimates. Comparable store sales — those from established stores and online operating over the past 12 months — rose 7.4%, a bit slower than the 8.3% during the fourth quarter but still solid. It posted an 8.2% gain in the fiscal third quarter. Online sales rose 26% in the first quarter, an acceleration...

Alibaba: Fiscal Q4 Earnings Snapshot

Published Mon, 23 Dec 2024 16:18:51 GMT

HONG KONG (AP) — HONG KONG (AP) — Alibaba Group Holding Ltd. (BABA) on Thursday reported fiscal fourth-quarter net income of $3.42 billion, after reporting a loss in the same period a year earlier.The Hong Kong-based company said it had net income of $1.31 per share. Earnings, adjusted for one-time gains and costs, were $1.56 per share.The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.The online retailer posted revenue of $30.32 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $30.35 billion.Alibaba shares have increased almost 3% since the beginning of the year. The stock has declined slightly more than 1% 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 BABA at https://www.zacks.com/ap/BAB...

Canada Goose: Fiscal Q4 Earnings Snapshot

Published Mon, 23 Dec 2024 16:18:51 GMT

TORONTO (AP) — TORONTO (AP) — Canada Goose Holdings Inc. (GOOS) on Thursday reported a loss of $2.3 million in its fiscal fourth quarter.On a per-share basis, the Toronto-based company said it had a loss of 2 cents. Earnings, adjusted for non-recurring costs, came to 10 cents per share.The high-end coat maker posted revenue of $216.8 million in the period.For the year, the company reported profit of $55 million, or 52 cents per share. Revenue was reported as $920.6 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOOS at https://www.zacks.com/ap/GOOSSource

Montgomery Co. Council appoints Harris as new planning board chair

Published Mon, 23 Dec 2024 16:18:51 GMT

Artie L. Harris, Jr. will chair the Montgomery County Planning Board after the county’s council tapped him for the position on Tuesday. The council also appointed Josh Linden as a planning board member as well.The planning board is the primary land use and planning adviser for Montgomery County, as well as commissioners of the Maryland-National Capital Park and Planning Commission.The appointments come after the planning board’s previous chair, Casey Anderson, and other board members, including Vice Chair Partap Verma, Gerald Cichy, Tina Patterson and Carol Rubin, were embroiled in controversy — which included Anderson acknowledging he kept a fully stocked bar in his office, which went against Maryland-National Capital Park and Planning Commission policy.“Artie Harris and Josh Linden have the combined experience, leadership and listening skills that are necessary to engage with community members and the Council about land use and planning issues. These individuals ...

Climate outlook shows rain in forecast through end of May

Published Mon, 23 Dec 2024 16:18:51 GMT

DENVER (KDVR) -- It has been a record-breaking May in Denver so far with 4.7 inches of rainfall half way through the month. As of Wednesday evening, this May in Denver is the 10th wettest on record. Over 800% of average precipitation measured in parts of Colorado Looking ahead for the next two weeks, this May will likely end with over five inches of rainfall accumulation in Denver. The precipitation forecast above shows the potential rainfall accumulation added up over the next seven days. For many parts of central and southern Colorado, totals will range from .75 inch up to two inches for the seven days. This comes after the three to seven inches measured in parts of eastern Colorado last week. Denver has had 5 times more rain than Seattle so far this May The wettest days in the seven-day forecast will be Thursday afternoon into Friday morning of this week with scattered showers and storms. The eight to 14-day outlook by the Climate Prediction Center shows likely above averag...

Deputy in El Paso County catches driver going 113 mph

Published Mon, 23 Dec 2024 16:18:51 GMT

EL PASO COUNTY, Colo. (KDVR) -- The El Paso County Sheriff's Office recently caught a driver going 113 mph on Highway 94, and said the action was something they see a lot.The driver was slapped with a ticket for speeding and for reckless driving. Mind-wandering crashes double in Colorado "A perfect example of dangerous driving we see in El Paso County on a daily basis," EPSO said. A driver convicted of speeding 25 mph or more over the speed limit can face a minimum fine of $150 and 10 days in jail. A charge for reckless driving is added if the driver is going 40 mph over the limit or more.Traffic deaths of all kinds on the rise in ColoradoIn 2022, the state saw 745 traffic deaths, the highest number in decades. "It’s impossible to think of a community that hasn’t been affected by one of these crashes,” Colorado State Patrol Col. Matthew Packard said in January when the data was released.El Paso County alone saw 83 -- the most of any county -- with 28% of those being speed-related...

More Storms In Store

Published Mon, 23 Dec 2024 16:18:51 GMT

High pressure in the Gulf and low pressure to the North will maintain our winds flowing in out of the West-Southwest. This is going to keep developing storms moving from West to East through Friday. Therefore, look for strong morning sunshine followed by afternoon storms developing inland and pushing toward the coast. High temperatures will range in the upper 80’s to low 90’s. Not everyone will get activity, but those areas that do can expect to see pockets of heavy rain producing gusty winds and frequent lightning. The Storm Prediction Center has place the Florida Peninsula under a marginal risk of encountering a strong-end storm. Have a wonderful day South Florida and make it a safe one! Vivian GonzalezMeteorologist, AMS Certified WSVN Channel 7