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Western Digital: Fiscal Q4 Earnings Snapshot

Published Mon, 23 Dec 2024 17:26:00 GMT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Western Digital Corp. (WDC) on Monday reported a loss of $715 million in its fiscal fourth quarter.On a per-share basis, the San Jose, California-based company said it had a loss of $2.27. Losses, adjusted for one-time gains and costs, came to $1.98 per share.The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $2 per share.The maker of hard drives for businesses and personal computers posted revenue of $2.67 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $2.51 billion.For the year, the company reported a loss of $1.71 billion, or $5.44 per share. Revenue was reported as $12.32 billion.For the current quarter ending in September, Western Digital expects its results to range from a loss of $2.10 per share to a loss of $1.80 per share. Analysts surveyed by Zacks had forecast adjusted earnings per share of $...

Trex: Q2 Earnings Snapshot

Published Mon, 23 Dec 2024 17:26:00 GMT

WINCHESTER, Va. (AP) — WINCHESTER, Va. (AP) — Trex Co. (TREX) on Monday reported second-quarter earnings of $77 million.On a per-share basis, the Winchester, Virginia-based company said it had profit of 71 cents.The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.The maker of fencing and decking products posted revenue of $356.5 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $318.9 million.For the current quarter ending in September, Trex said it expects revenue in the range of $280 million to $290 million.The company expects full-year revenue in the range of $1.04 billion to $1.06 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TREX at https://www.zacks.com/ap/TREXSource

Instructure: Q2 Earnings Snapshot

Published Mon, 23 Dec 2024 17:26:00 GMT

SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Instructure Holdings Inc. (INST) on Monday reported a loss of $11 million in its second quarter.The Salt Lake City-based company said it had a loss of 8 cents per share. Earnings, adjusted for one-time gains and costs, were 19 cents per share.The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 19 cents per share.The education technology company posted revenue of $131.1 million in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $129.1 million.For the current quarter ending in September, Instructure said it expects revenue in the range of $132 million to $133 million.The company expects full-year revenue in the range of $524 million to $528 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INST at h...

Eversource: Q2 Earnings Snapshot

Published Mon, 23 Dec 2024 17:26:00 GMT

SPRINGFIELD, Mass. (AP) — SPRINGFIELD, Mass. (AP) — Eversource Energy (ES) on Monday reported second-quarter earnings of $15.4 million.The Springfield, Massachusetts-based company said it had profit of 4 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, came to $1 per share.The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share.The New England power provider posted revenue of $2.63 billion in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $2.88 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ES at https://www.zacks.com/ap/ESSource

Brightly flashing ‘X’ sign removed from the former Twitter’s San Francisco headquarters

Published Mon, 23 Dec 2024 17:26:00 GMT

SAN FRANCISCO (AP) — A brightly flashing “X” sign has been removed from the San Francisco headquarters of the company formerly known as Twitter just days after it was installed.The San Francisco Department of Building Inspection said Monday it received 24 complaints about the unpermitted structure over the weekend, including concerns about its structural safety and illumination. The Elon Musk-owned company, which has been rebranded as X, had removed the Twitter sign and iconic blue bird logo from the building last week. That work was temporarily paused because the company did not have the necessary permits. The city of San Francisco had opened a complaint and launched an investigation into the giant “X” sign that was installed Friday on top of the downtown building as Musk continues his rebrand of the social media platform.Representatives for X did not immediately respond to a message for comment Monday. Source

Cleveland Guardians trade pitcher Aaron Civale to Tampa Bay Rays for prospect

Published Mon, 23 Dec 2024 17:26:00 GMT

CLEVELAND (AP) — The Cleveland Guardians traded starting pitcher Aaron Civale to the Tampa Bay Rays for first base prospect Kyle Manzardo on Monday.The Guardians announced the trade on social media one day before the trade deadline.Civale’s name has been thrown around in trade speculation for weeks, which has coincided with the right-hander pitching as well as he has in several seasons. Civale posted a 1.45 ERA in six July starts.On Sunday, Civale pitched six scoreless innings in a win over the Chicago White Sox to improve to 5-2.The move is a bit surprising from Cleveland’s standpoint since the Guardians are just one-half game out of first place in the AL Central and they have several pitchers, including ace Shane Bieber out with injuries.___AP MLB: https://apnews.com/hub/mlbSource

Denver weather: Rainy outlook with much cooler temperatures on the way

Published Mon, 23 Dec 2024 17:26:00 GMT

DENVER (KDVR) — Humidity levels have increased across Denver weather and the Front Range. This will lead to a higher chance for showers and thunderstorms in the coming days, according to Pinpoint Weather, Colorado’s Most Accurate Forecast.Rain outlook for the week ahead in DenverWeather tonight: Showers and comfortableShowers and thunderstorms will be possible on Monday evening for Denver and may not end until around midnight. These storms will be slowly moving which could lead to heavy rain in some spots. Skies will clear overnight and temperatures will cool to comfortable levels.Overnight lows by Tuesday morning across ColoradoWeather tomorrow: A break from the hot temperaturesAs a result of better storms chances in the coming days afternoon high temperatures will cool out of the 90s and into the 80s for several days. The average in Denver is high at about 90 degrees for the start of August.Forecast highs on Tuesday for ColoradoLooking ahead: A soggy and cooler outlookSh...

Are you seeing more grasshoppers in Denver? Here's why

Published Mon, 23 Dec 2024 17:26:00 GMT

DENVER (KDVR) -- Grasshoppers are seemingly everywhere. In your garden. On your plants. In your backyard. Inside your home. Not only are there more grasshoppers than normal, there are more in the city."These changes in insects we're seeing lately, they most possibly are due to global warming effects, such as having these very cold winters and very hot summers," said Francisco Garcia, the entomology manager at Butterfly Pavilion. Invasive wood-boring beetle detected in Arapahoe County The prolonged winters actually protect grasshoppers' eggs. The snow covers the eggs and shields them from the chilling temperatures. In turn, more and more of them survive, according to Garcia. But climate change isn't the only reason there are so many grasshoppers this year. Insects are more likely to relocate to the city in search of food, especially with soil erosion and lack of vegetation, Garcia said."Another problem is just the change in the ecosystem that we're having around cities. The more w...

What new laws are going into effect in Colorado?

Published Mon, 23 Dec 2024 17:26:00 GMT

DENVER (KDVR) -- It's always good to know about new laws, and on Aug. 7, hundreds of laws passed in the spring are going into effect.Most of them are procedural and won't directly affect many Coloradans, but there are a few that will. FOX31 wrote about some of the most important in detail, but in case you missed it, we compiled a list.What laws are going into effect?A small summary of some of the new laws is listed below. For more details, you can follow the links.New uses for paid sick leaveThe law adds two new ways that Coloradans can use their state-required paid sick leave.Updates to the "move over, slow down" lawWith this new law, Coloradans will need to move over or slow down for vehicles with hazard lights on the side of the road.Online marijuana salesThe new law allows dispensaries to sell products online for pickup in-store.New protections for rentersTwo new laws. One deals with new protections, especially for prospective tenants, including a new cap on income requirements ...

KJ Hamler waived by Broncos, diagnosed with heart issue

Published Mon, 23 Dec 2024 17:26:00 GMT

ENGLEWOOD, Colo. (KDVR) -- The road back on the football field is never easy after injury.Denver Broncos wide receiver K.J. Hamler knows all about the bumps. The Broncos waived Hamler with a non-football injury designation Monday. The 24-year-old posted on Instagram that he has been dealing with chest pains while working out before camp started. Broncos’ Tim Patrick injures left Achilles after missing last year with torn right ACL "I will be back on the field—better and stronger than ever—as soon as possible this season! I feel great physically and this is very frustrating for me to deal with," he wrote. "It’s tough to deal with this when I was ready for a breakout year, but adversity is nothing new to me."Hamler has not been on the field for the Broncos this training camp. The wide receiver said he has been diagnosed with a mild heart irritation known as pericarditis.Hamler's release comes on the same day as teammate Tim Patrick tore his Achilles during practice. The 20...