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Snap-On: Q2 Earnings Snapshot

Published Mon, 23 Dec 2024 15:00:23 GMT

KENOSHA, Wis. (AP) — KENOSHA, Wis. (AP) — Snap-On Inc. (SNA) on Thursday reported second-quarter net income of $264 million.On a per-share basis, the Kenosha, Wisconsin-based company said it had profit of $4.89.The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.53 per share.The tool and diagnostic equipment maker posted revenue of $1.19 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.18 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNA at https://www.zacks.com/ap/SNASource

Insteel Industries: Fiscal Q3 Earnings Snapshot

Published Mon, 23 Dec 2024 15:00:23 GMT

MOUNT AIRY, N.C. (AP) — MOUNT AIRY, N.C. (AP) — Insteel Industries Inc. (IIIN) on Thursday reported earnings of $10.6 million in its fiscal third quarter.The Mount Airy, North Carolina-based company said it had profit of 54 cents per share.The maker of steel wire reinforcing for the concrete and construction industry posted revenue of $165.7 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 IIIN at https://www.zacks.com/ap/IIINSource

Johnson & Johnson: Q2 Earnings Snapshot

Published Mon, 23 Dec 2024 15:00:23 GMT

NEW BRUNSWICK, N.J. (AP) — NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson (JNJ) on Thursday reported second-quarter earnings of $5.14 billion.On a per-share basis, the New Brunswick, New Jersey-based company said it had net income of $1.96. Earnings, adjusted for amortization costs and non-recurring costs, came to $2.80 per share.The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.61 per share.The world’s biggest maker of health care products posted revenue of $25.53 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $24.68 billion.Johnson & Johnson expects full-year earnings in the range of $10.70 to $10.80 per share, with revenue in the range of $98.8 billion to $99.8 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock repor...

Denver weather: Severe afternoon storms on the plains

Published Mon, 23 Dec 2024 15:00:23 GMT

DENVER (KDVR) — After some early storms start off your Thursday morning, the metro may see some pockets of sunshine throughout the day before storms arrive again in the afternoon in the Denver weather forecast. Man dies on hiking trail in Rocky Mountain National Park Severe storms are expected south and east of the metro with an enhanced risk for severe storms on the Eastern Plains.Weather today: Strong storms on the plainsWith extra clouds in Denver on Thursday, highs will be limited to the upper 70s with a few rounds of storms. Storms are pushing through the city before sunrise with another round expected in the afternoon. These storms will limit the severity in the metro and northern Front Range for the afternoon. Pinpoint Weather: Daily forecast on July 20. Storms will become severe south and east of Denver this afternoon and evening with very gusty winds, large hail, and potential flooding. A flood watch is in effect for the Eastern Plains from 2 p.m. to 10 p.m.Pinpoint Weat...

Flying is still cheaper than taking the train in Europe, study finds

Published Mon, 23 Dec 2024 15:00:23 GMT

Flying may be bad for the environment, but taking the train in Europe is bad for your bank account, a new study found.Rail travel within the Continent remains 71 percent more expensive than flying, according to research by Greenpeace. The report compared the prices of flights and trains on 112 European travel routes and found that taking the train was cheaper than a flight in only 23 cases. As a result, despite the fact that flying produces more greenhouse gases than train journeys, people will often opt for the former.In Poland, train travel costs half as much as flying, but the most expensive country for rail travel is the U.K., where travelers pay four times more for train journeys than flights. For example, traveling from Barcelona to London by train costs around €384, while a flight can be as cheap as €12.99, the report says. Barcelona-London is the third most-traveled short-haul route in Europe, and “shifting these flights to rail would save 461,000 tons of harmful green...

Russian state media spins Putin pulling out of South Africa summit

Published Mon, 23 Dec 2024 15:00:23 GMT

“Putin will not go to Africa. Africa will come to Russia.”That’s the title of an op-ed published Thursday by Russian state-owned newswire Ria Novosti.A day after South Africa announced that Vladimir Putin would not attend in person a planned summit of the BRICS countries (Brazil, Russia, India, China and South Africa) in Johannesburg next month, where the Russian president risked being arrested, the Kremlin’s propaganda machine has kicked into high gear.Putin is facing an international arrest warrant from the International Criminal Court (ICC) over the forced deportation of Ukrainian children to Russia during Moscow’s invasion — which, as a signatory to the court, South Africa would have been bound to enforce if Putin visited the country.Yet, Ria’s columnist Petr Akopov, who penned Thursday’s op-ed, claims that Putin’s dodging of the summit is merely a reflection of a “new world order [that] is shaping up.”Acknowledgin...

Police hunt for lioness on the loose near Berlin

Published Mon, 23 Dec 2024 15:00:23 GMT

German police are on the hunt for a wild animal, believed to be a lioness, that has escaped near Berlin.Police in the state of Brandenburg warned people to be cautious of an “escaped wild animal” in the early hours of Thursday, asking people to avoid leaving their houses and to bring their pets indoors.The warning was initially limited to the areas of Kleinmachnow, Teltow and Stahnsdorf, but was later extended to include the south of Berlin, with local police warning the animal was believed to be a lioness.“The escaped wild animal has NOT been found yet!” warned Brandenburg police in a tweet around 7:30 a.m., hours after the initial warning. “We still ask you not to leave the house. If you see the animal, please call the emergency number 110!”Police said they were first notified about the animal when two witnesses spotted what they described as a “big cat” running with a wild boar, according to the RBB public broadcaster. The witnesses also took videos of the animal, which wer...

SIU investigating after suspect struck by OPP officer driving unmarked vehicle in Innisfil

Published Mon, 23 Dec 2024 15:00:23 GMT

The province’s police watchdog is investigating after a 30-year-old man fleeing officers was seriously injured when he was struck by an Ontario Provincial Police (OPP) officer driving an unmarked pickup truck in Innisfil.The Special Investigations Unit (SIU) says the incident happened on Wednesday as police attempted to arrest a man as part of a drug investigation.Officers in their vehicles tried to box in and arrest the suspect driving an SUV in the area of Mapleview Drive East and Bayview Drive in Barrie, when the man took off and struck a hydro pole in a grassy area at Commerce Gate and Innisfil Heights Crescent in Innisfil.The man then fled on foot and was hit by the officer in the unmarked vehicle.Paramedics were called to the scene and transported the man to a hospital in Toronto.

Major fire near Athens contained but heat wave keeps authorities on alert

Published Mon, 23 Dec 2024 15:00:23 GMT

ATHENS, Greece (AP) — Greece’s Fire Service intensified water drops west of Athens where a huge blaze was contained overnight, as authorities braced Thursday for a new round of extreme weather.Seven firefighting planes and nine helicopters were operating in the area, including four planes sent from Italy and France as part of a European Union support mechanism.Searing heat across Europe’s Mediterranean south has maintained a high or very high risk of fires in Spain, Italy and Greece. Greek Prime Minister Kyriakos Mitsotakis said the Fire Service and civil protection authority will remain on alert as a new heatwave moved eastward across Greece that is expected to push temperatures to 45 degrees Celsius (113F) Sunday.“The hard times are clearly not over yet,” Mitsotakis said. “We are facing another heatwave and a possible strengthening of the winds. So, absolute vigilance and absolute readiness are required over the next few days.”A state of emergency was declared Thursday on the isla...

Prominent Egyptian rights activist with ties to Italy is pardoned and released from jail

Published Mon, 23 Dec 2024 15:00:23 GMT

CAIRO (AP) — A prominent Egyptian rights activist with ties to Italy was released from jail Thursday, days after he was sentenced to three years’ imprisonment, according to his family and a rights defender. Patrick George Zaki, a postgraduate student in Italy, was pardoned by Egyptian President Abdel Fattah el-Sissi along with five other people on Wednesday, according to the country’s Official Gazette.Zaki’s release was announced by Hossam Bahgat, founder of Egyptian Initiative for Personal Rights, who posted a picture of him on Facebook on Thursday afternoon.His sister, Marise Zaki, also confirmed his release, posting a photo on Facebook of him speaking to journalists after his release.“Patrick is on the Asfalt,” she wrote on Facebook, using a phrase that activists often use when detainees walk free.Zaki, who is Christian, was arrested in February 2020, shortly after landing in Cairo on a trip home from Italy where he was studying at the University of Bologna, over an o...