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Ares Management: Q3 Earnings Snapshot

Published Wed, 05 Mar 2025 01:37:00 GMT

LOS ANGELES (AP) — LOS ANGELES (AP) — Ares Management LP (ARES) on Tuesday reported third-quarter net income of $61.8 million, after reporting a loss in the same period a year earlier.The Los Angeles-based company said it had net income of 30 cents per share. Earnings, adjusted for non-recurring costs, were 83 cents per share.The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share.The private equity firm posted revenue of $671.3 million in the period. Its adjusted revenue was $681.2 million, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $777.7 million.Ares Management shares have climbed 48% since the beginning of the year. The stock has risen 32% 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 ARES at https:/...

Sensata: Q3 Earnings Snapshot

Published Wed, 05 Mar 2025 01:37:00 GMT

ATTLEBORO, Mass. (AP) — ATTLEBORO, Mass. (AP) — Sensata Technologies Holding NV (ST) on Tuesday reported third-quarter earnings of $62.8 million.On a per-share basis, the Attleboro, Massachusetts-based company said it had net income of 41 cents. Earnings, adjusted for one-time gains and costs, came to 91 cents per share.The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.The maker of sensing, electrical protection, control and power management products posted revenue of $1 billion in the period, matching Street forecasts.For the current quarter ending in December, Sensata expects its per-share earnings to range from 79 cents to 89 cents.The company said it expects revenue in the range of $950 million to $1 billion for the fiscal fourth quarter._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access ...

Leidos: Q3 Earnings Snapshot

Published Wed, 05 Mar 2025 01:37:00 GMT

RESTON, Va. (AP) — RESTON, Va. (AP) — Leidos Holdings Inc. (LDOS) on Tuesday reported a loss of $399 million in its third quarter.On a per-share basis, the Reston, Virginia-based company said it had a loss of $2.91. Earnings, adjusted for asset impairment costs and amortization costs, were $2.03 per share.The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.The security and engineering company posted revenue of $3.92 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $3.78 billion.Leidos expects full-year earnings in the range of $6.80 to $7.10 per share, with revenue in the range of $15.1 billion to $15.3 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LDOS at https://www.zacks.com/ap/LDOSSource

Perficient: Q3 Earnings Snapshot

Published Wed, 05 Mar 2025 01:37:00 GMT

ST. LOUIS (AP) — ST. LOUIS (AP) — Perficient Inc. (PRFT) on Tuesday reported third-quarter net income of $22.6 million.The St. Louis-based company said it had profit of 63 cents per share. Earnings, adjusted for one-time gains and costs, were 92 cents per share.The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 92 cents per share.The information technology consulting firm posted revenue of $223.2 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $221.9 million.For the current quarter ending in December, Perficient expects its per-share earnings to range from 98 cents to $1.03.The company said it expects revenue in the range of $221 million to $226 million for the fiscal fourth quarter.Perficient expects full-year earnings in the range of $3.94 to $3.99 per share, with revenue ranging from $907 million to $912 million._____This story was generated by ...

Colorado Springs man sentenced for actions during Jan. 6 Capitol breach

Published Wed, 05 Mar 2025 01:37:00 GMT

COLORADO SPRINGS, Colo. (KXRM) — A Colorado Springs man has been sentenced on felony and misdemeanor charges after his actions on Jan. 6, 2021, during the breach of the U.S. Capitol.Thirty-four-year-old Jacob Travis Clark of Colorado Springs was sentenced to 33 months in prison and 12 months of supervised release after he was found guilty of one felony and five misdemeanors on Jan. 30. According to the U.S. Department of Justice (DOJ), Clark was found guilty of obstruction of an official proceeding, a felony offense, and misdemeanor offenses of entering or remaining in a restricted building or grounds; disorderly or disruptive conduct in a restricted building or grounds; engaging in physical violence in a restricted building or grounds; disorderly or disruptive conduct in a Capitol building or grounds; and parading, demonstrating, or picketing in a Capitol building. Trump indicted on Jan. 6 charges The DOJ said, "Clark's criminal conduct on Jan. 6 was captured in his text message...

Denver weather: Sunny and cool for Halloween

Published Wed, 05 Mar 2025 01:37:00 GMT

DENVER (KDVR) — There will be plenty of sunshine across the state on Halloween as temperatures stay cool and below average in the Denver weather forecast.Pinpoint Weather: Trick or treat forecast on Halloween, Oct. 31Weather today: Sunny and coolThere will be abundant sunshine through Tuesday afternoon which will continue to melt snow across the Front Range. This Colorado town got the most snow this weekend Highs are still a few degrees below average in the upper 40s with light winds.Pinpoint Weather: Daily forecast on Oct. 31 Weather tonight: Mainly clearSkies stay clear overnight Tuesday with a few passing clouds. Winds will be light as lows dip below freezing into the middle 20s. Pinpoint Weather: Overnight forecast on Oct. 31 Looking ahead: Slow warming, dryMainly sunny skies stick around for the middle of the week as highs near seasonal averages. Highs will be in the upper 50s on Wednesday afternoon, near the seasonal average of 60 degrees. Independence Pass closes for th...

Adele breaks down after spotting doctor who delivered her son

Published Wed, 05 Mar 2025 01:37:00 GMT

(CNN) — Adele had a sweet moment when she spotted the doctor who delivered her son over the weekend.In videos shared on social media, the singer is seen performing at her Las Vegas residency, decked out as Morticia Addams from “The Addams Family”to celebrate Halloween.As she strolled through the crowd singing “When We Were Young,” Adele spotted her obstetrician.“Oh my God Colin!,” she said as she ran to hug the doctor. “This is my doctor that gave birth to my baby. I haven’t seen you for years.”Adele became overcome with emotion and was unable to sing her song.“Will you sing it for me?” she asked the audience. “That man delivered my baby.”She shares her son Angelo, who was born in October 2012, with ex-husband Simon Konecki.

Fire erupts in SW Miami-Dade after downed power line sparks blaze

Published Wed, 05 Mar 2025 01:37:00 GMT

A downed power line became the catalyst for a blaze that tore through a shed and extended its reach to a neighboring home. Emergency responders arrived at the scene near the intersection of Bird Road and 59th Avenue, Monday evening.The shed, caught in the initial inferno, was completely destroyed in the fire’s relentless advance, leaving only a charred wall of the adjacent house. No one was harmed, but four people, including one child, were impacted by this blaze. The American Red Cross is providing assistance to the people affected by this incident. Authorities are investigating the root cause of the downed power line.

France demands EU corruption-busting watchdog with teeth

Published Wed, 05 Mar 2025 01:37:00 GMT

France wants the European Union to create an independent watchdog authority to fight corruption in the EU institutions, which have been rattled by ongoing scandals in recent months.France’s President Emmanuel Macron and French Secretary of State for European Affairs Laurence Boone are proposing an independent anti-corruption body that would have powers to check officials’ income and spot conflicts of interest, Boone told POLITICO’s Brussels Playbook.And now they’re pushing for other EU countries to endorse the plan. Earlier this year, the European Commission proposed the creation of an ethics body with lofty goals but no enforcement power to impose standards across the EU institutions, in an attempt to show their commitment to anti-corruption measures. But to Boone — and others who criticized the plan at the time — that’s not enough.“The Commission’s proposal is a start, but I think we can and must be much more ambitious,” Boone said. “After the shock caus...

EU Commission supports FIFA in row with football agents

Published Wed, 05 Mar 2025 01:37:00 GMT

The European Commission is backing FIFA’s attempt to regulate the world’s top football agents.Strict new laws imposed by the world football governing body — including a cap on fees that agents can make from a player transfer deal — have won approval in Brussels ahead of a hearing at the Court of Justice of the European Union, according to the Commission’s written submission to judges.The EU executive also came down in favor of a ban on agents representing all parties in the same transfer deal, the beefed-up requirements to become a licensed football agent and a rule by which players (not clubs) must pay their agents, said the written observations to the CJEU in Luxembourg, dated October 25 and seen by POLITICO.The Commission’s full-throated backing for FIFA is the latest twist in a bitter feud between the governing body and top agents, who say FIFA is unfairly moving to clamp down on their earning potential while acting against EU competition law.But in its observations, the C...