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Unifi: Fiscal Q4 Earnings Snapshot

Published Wed, 05 Mar 2025 02:31:43 GMT

GREENSBORO, N.C. (AP) — GREENSBORO, N.C. (AP) — Unifi Inc. (UFI) on Wednesday reported a loss of $15.3 million in its fiscal fourth quarter.On a per-share basis, the Greensboro, North Carolina-based company said it had a loss of 85 cents. Losses, adjusted for asset impairment costs, came to 39 cents per share.The polyester and nylon yarn maker posted revenue of $151.1 million in the period.For the year, the company reported a loss of $46.3 million, or $2.57 per share. Revenue was reported as $623.5 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UFI at https://www.zacks.com/ap/UFISource

Iowa will appeal suspension of Noah Shannon, who admits involvement but not charged in gambling case

Published Wed, 05 Mar 2025 02:31:43 GMT

Iowa football player Noah Shannon, who has acknowledged his involvement in sports wagering, has been suspended for the season, coach Kirk Ferentz announced Wednesday.Ferentz told reporters in Iowa City the school would appeal the NCAA’s decision.Shannon has not been charged in the state’s criminal investigation of illegal sports wagering by athletes at Iowa and Iowa State. The senior from Aurora, Illinois, has started 28 games and came out of spring listed No. 1 at left defensive tackle.Ferentz said Shannon made at least one wager on an event involving a Hawkeyes team in another sport, which is an NCAA violation punishable by a permanent loss of eligibility.Shannon said on Aug. 11 he had cooperated with the NCAA and provided information.“They’re taking their time doing their investigation, and I can’t be mad at them for that,” he said. “I mean, I broke a rule. I owned up to it.”Ferentz said Shannon, who spent the offseason rehabbing an injury, will be allowed to practice...

Nvidia: Fiscal Q2 Earnings Snapshot

Published Wed, 05 Mar 2025 02:31:43 GMT

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Nvidia Corp. (NVDA) on Wednesday reported fiscal second-quarter profit of $6.19 billion.On a per-share basis, the Santa Clara, California-based company said it had net income of $2.48. Earnings, adjusted for one-time gains and costs, came to $2.70 per share.The results beat Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $2.09 per share.The maker of graphics chips for gaming and artificial intelligence posted revenue of $13.51 billion in the period, also beating Street forecasts. Twelve analysts surveyed by Zacks expected $11.17 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVDA at https://www.zacks.com/ap/NVDASource

Jeffrey Epstein’s New Mexico ranch is sold for an undisclosed price to a newly registered company

Published Wed, 05 Mar 2025 02:31:43 GMT

SANTA FE, N.M. (AP) — Known as the Zorro Ranch, a high-desert property once owned by disgraced financier Jeffrey Epstein has been sold after two years on the market. An attorney for Epstein’s estate, Daniel Weiner, confirmed Tuesday that the ranch had been sold for an undisclosed price, and the proceeds would be used to administer the estate and pay creditors. The property was listed in 2021 for $27.5 million. That price was later dropped to $18 million. Weiner told Albuquerque television station KRQE that the estate would disclose the sales price in its next quarterly accounting that will be filed with the probate court in the U.S. Virgin Islands.Records kept by the Santa Fe County assessor list the new owner as San Rafael Ranch LLC, which registered with the secretary of state’s office in late July, the Santa Fe New Mexican reported. Epstein was found dead in August 2019 in his Manhattan jail cell, where he was awaiting trial on sex trafficking charges. Federal watchdogs have said...

Jets wide receiver Corey Davis announces he’s stepping away from football

Published Wed, 05 Mar 2025 02:31:43 GMT

FLORHAM PARK, N.J. (AP) — New York Jets wide receiver Corey Davis announced Wednesday he is stepping away from football.The 28-year-old Davis was entering his third season with the Jets after beginning his NFL career with the Tennessee Titans as the No. 5 overall pick in the 2017 draft.“I’ve been searching my heart for what to do,” Davis wrote on his Instagram page. “And I feel that stepping away from the game is the best path for me at this time.”Davis did not use the word “retirement” in his statement, but he said his family factored into his decision.“I have more blessings than I could have ever imagined,” Davis wrote. “I have an amazing family, a beautiful wife and two healthy children that I look forward to spending more time with.”Davis had missed the last week of training camp practices because the wide receiver was “dealing with a personal matter,” coach Robert Saleh said Tuesday. But Saleh added he hoped Davis would be back with the team soon.Davis, however, wrote he ...

Russian aviation agency says mercenary chief Yevgeny Prigozhin was aboard the plane that crashed, leaving no survivors

Published Wed, 05 Mar 2025 02:31:43 GMT

TALLINN, Estonia (AP) — Russian aviation agency says mercenary chief Yevgeny Prigozhin was aboard the plane that crashed, leaving no survivors.Source

California shop owner killed over Pride flag was adamant she would never take it down, friend says

Published Wed, 05 Mar 2025 02:31:43 GMT

LOS ANGELES (AP) — The California woman killed for apparently refusing to remove an LGBTQ+ rainbow Pride flag from outside her store was adamant that she would never take it down, a longtime friend said Wednesday. Laura Ann Carleton was fatally shot Friday outside Mag.Pi, the clothing and home decor shop she owned in Cedar Glen, a mountain community east of Los Angeles. The shooter, Travis Ikeguchi, was killed by deputies after he opened fire on them a short time later, San Bernardino County Sheriff Shannon Dicus said Monday. Ikeguchi had frequently posted anti-LGBTQ content on social media, sheriff’s officials said.Korey Pollard, whose wife worked at Mag.Pi, said Carleton was defiant in the face of criticism she received for hanging the rainbow flag outside the small store. “She would say, ‘Korey, this is the hill I’m going to die on. No one is going to make me take down that flag,'” Pollard told The Associated Press. At one point Carleton even ordered a much larger rainbow f...

Guess: Fiscal Q2 Earnings Snapshot

Published Wed, 05 Mar 2025 02:31:43 GMT

BIOGGIO, Switzerland (AP) — BIOGGIO, Switzerland (AP) — Guess Inc. (GES) on Wednesday reported fiscal second-quarter net income of $39 million.On a per-share basis, the Bioggio, Switzerland-based company said it had net income of 59 cents. Earnings, adjusted for non-recurring costs, came to 72 cents per share.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.The clothing company posted revenue of $664.5 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $638.7 million.For the current quarter ending in October, Guess expects its per-share earnings to range from 55 cents to 64 cents.The company expects full-year earnings in the range of $2.88 to $3.08 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 GES at h...

Police: Man killed after chasing scooter thieves from his home

Published Wed, 05 Mar 2025 02:31:43 GMT

DENVER (KDVR) — Police say a man killed in an early morning drive-by shooting at an Aurora home had just chased down two people he found stealing scooters in his backyard.According to the Aurora Police Department, the 49-year-old man and his son were awoken to the thefts in progress and confronted the two people, who rode away on the stolen scooters."The man and his son chased the suspects in their pickup. During the chase, shots were fired at the pickup. The man and son returned home, at which point they noticed a vehicle drive by the front of the house and fire several rounds into the home. One bullet struck the man, fatally wounding him," police said in a release Wednesday afternoon.Police responded around 4:39 a.m. to the home in the 900 block of Paris Street, in the Del Mar Park neighborhood.According to APD, the officers performed life-saving actions, but the victim died at the scene.SkyFOX flew over the scene where multiple police cars were lined up on the street. A handful o...

Denver weather: The best chance of rain in August arrives this weekend

Published Wed, 05 Mar 2025 02:31:43 GMT

DENVER (KDVR) — Denver's weather forecast features another hot day in the 90s, bringing the total to only 28 days this year at 90 degrees or higher compared to an average of 46 days. A cooldown is on the way with a good chance for much-needed moisture across the state, according to Pinpoint Weather, Colorado’s Most Accurate Forecast.Possible rain totals by Sunday night from Pinpoint WeatherWeather tonight: Scattered mountain stormsA few showers and thunderstorms will move from south to north across the Colorado mountains through the evening before ending for the night. There is a low chance that one or two of those storms could slide down the foothills.There is a remote chance that a storm could make it out across the northern border with Wyoming late tonight. Temperatures will be mild in Denver with readings in the 60s. It'll be cooler in the mountains where overnight lows will be in the 50s.Overnight lows by Thursday morning across ColoradoWeather tomorrow: Storms back in the fore...