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Foot Locker: Fiscal Q4 Earnings Snapshot

Published Fri, 22 Nov 2024 00:24:41 GMT

NEW YORK (AP) — NEW YORK (AP) — Foot Locker Inc. (FL) on Monday reported fiscal fourth-quarter profit of $19 million.On a per-share basis, the New York-based company said it had profit of 20 cents. Earnings, adjusted for asset impairment costs and non-recurring costs, were 97 cents per share.The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.The shoe store posted revenue of $2.34 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $2.15 billion.For the year, the company reported profit of $342 million, or $3.58 per share. Revenue was reported as $8.76 billion.Foot Locker expects full-year earnings in the range of $3.35 to $3.65 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 FL at https://www.zacks.com/ap/F...

Good soccer and big wins help Barcelona leave scandal aside

Published Fri, 22 Nov 2024 00:24:41 GMT

MADRID (AP) — By playing good soccer and winning big matches, Barcelona is leaving aside the distractions of its latest scandal.With its second win over Real Madrid in less than three weeks, Barcelona made sure there is more talk about the team’s prowess on the field than the club’s alleged troubles away from it.The Catalan club has been under scrutiny over its payments of several millions of dollars over several years to the former vice president of the country’s refereeing committee. The club will have to defend itself in the courts after being formally accused by prosecutors with alleged corruption, fraudulent management and falsification of documentation.Barcelona is holding its own just fine on the field, though. It rallied for a 2-1 win over Madrid on Sunday to all but secure its first Spanish league title since 2019. The victory, coming on a stoppage-time winner by Franck Kessié after Madrid took an early lead at the Camp Nou, gave Barcelona a more-than-comfortable 12-point l...

What will spring weather be like for Colorado?

Published Fri, 22 Nov 2024 00:24:41 GMT

DENVER (KDVR) -- The National Oceanic and Atmospheric Administration recently released the weather outlook for April through June.Spring in Colorado is a roller coaster ride. There are usually days with highs in the 70s and days with highs in the 20s. You can experience several inches of heavy, wet snow and spring rain showers the same week. Denver weather: Front Range rain showers, mountain snow TemperaturesAccording to the NOAA spring outlook, the southeast corner of Colorado has a 33-50% chance of seeing higher than normal temperatures. The rest of the state has equal chances of seeing above or below normal temperatures.Here is a look at NOAA's temperature outlook for the entire country:NOAA, March 2023The normal high for the second half of March ranges from 56 to 60 degrees in Denver. In April, the normal high ranges from 60-65 degrees. In May, the normal high ranges from 65 to 78 degrees. In June, the normal high ranges from 78-88 degrees.Precipitation When it comes to preci...

Yes, it is remote workers who spiked housing, rent costs

Published Fri, 22 Nov 2024 00:24:41 GMT

DENVER (KDVR) — If you're upset about housing costs, you can chalk half of it up to remote workers, according to one study. Directly or indirectly, COVID pandemic policies ushered in the worst U.S. inflation in 40 years, particularly regarding housing. Housing costs have never been higher or more burdensome for both renters and owners. Over 40% of renter households in the U.S. are paying more than the recommended 30% of their net income for housing making them officially fit the description of "cost-burdened." Nearly half of Colorado renters are cost-burdened Meanwhile, homeownership costs have grown to their highest-ever levels. The median sales price for a home in the U.S. was $467,700 in the fourth quarter of 2022, according to the St. Louis Federal Reserve. This is not only the highest homes have ever cost, but buyers are now paying up to thousands more in interest than they would have prior to 2021 thanks to the U.S. Federal Reserve's tightening interest rates. Researchers a...

Fear, burnout and insubordination: Insiders spill details about life at the highest levels of the FBI

Published Fri, 22 Nov 2024 00:24:41 GMT

WASHINGTON — A gender discrimination trial in Washington, D.C., shined a harsh spotlight on one of the most important legal offices in the U.S. government, portraying it as a hotbed of dysfunction, turf wars, mismanagement and paranoia.The lawsuit, which came to a head earlier this month in federal court in the nation’s capital, centered on claims of gender discrimination in the FBI’s general counsel’s office, where some of the most powerful attorneys in the country are charged with helping safeguard Americans from terrorism, cyber threats, organized crime and corruption.A federal jury ultimately sided with the FBI, but not before a parade of witnesses testified to startling revelations about the bureau, exposing dysfunction and management woes that at times have been exploited by the bureau’s detractors — most notably amid Donald Trump’s crusade against investigations into his activities.The trial drew little notice inside the federal courthouse in Washington, D.C., where numerous ...

Activists to gather outside Cambridge City Hall, demand justice for man killed in officer-involved shooting

Published Fri, 22 Nov 2024 00:24:41 GMT

Activists are expected to gather outside Cambridge City Hall Monday to demand justice for a 20-year-old man who was fatally shot during a confrontation with Cambridge police earlier this year. Family, friends, and activists have been protesting since the January shooting of Sayed Faisal. They want more accountability from the police. Faisal was shot and killed by an officer on Jan. 4 when police say he came at them with a knife.Police say they first used a non-lethal round to try to stop Faisal, but that round was unsuccessful in stopping him, and an officer then fired a shot that killed him.The officer who shot Faisal is now on leave.Last week, the city announced that the Cambridge Police Department will undergo an independent review of its policies and practices.

Water main break in Mansfield leaves more than 20 houses without water

Published Fri, 22 Nov 2024 00:24:41 GMT

A water main break on Stearns Avenue in Mansfield is causing trouble Monday morning. Crews say over 20 houses in the area are without water. The water is going to be shut off for several hours as crews get control of the situation. This is a developing story; stay with 7NEWS on-air and online for the latest updates.

Lane closures on Sagamore Bridge will slow traffic through Memorial Day weekend

Published Fri, 22 Nov 2024 00:24:41 GMT

Lane closures on the Sagamore Bridge are expected to slow traffic through Memorial Day weekend, according to transportation officials. The closures will begin on Monday to allow for repairs. Travel across the Cape Cod Canal will be limited to one lane in each direction. The lane closures are 24/7 and delays are most likely during the morning and afternoon commutes. The lanes are expected to fully reopen by May 27.

Cactus League report: Cubs’ Justin Steele moves on from 5-walk start — and the churro vendor who spices up spring training

Published Fri, 22 Nov 2024 00:24:41 GMT

White Sox starter Dylan Cease found a groove against the Seattle Mariners, retiring 10 of the final 11 batters he faced during Sunday’s outing at Peoria Stadium.Cease allowed one run on three hits with six strikeouts and one walk in four-plus innings. He retired 10 consecutive batters, including five straight strikeouts, before giving up a single to Kean Wong to lead off the fifth. Cease exited after the hit.“Kind of got my feel with my body and where to aim everything, and it was just automatic after that,” Cease said.Sox catcher Seby Zavala doubled and hit a two-run homer — his third this spring — in the 6-2 victory. Outfield prospect Oscar Colás hit a solo homer, also his third of the spring.Nelson Velázquez, in his return from playing for Team Puerto Rico in the World Baseball Classic, hit a walk-off three-run homer to give the Cubs a 5-2 win against the San Diego Padres.Catcher Yan Gomes hit his third home run of the spring — tying ...

Adam Sandler receives Mark Twain Prize, praise from comic pals

Published Fri, 22 Nov 2024 00:24:41 GMT

By ASHRAF KHALIL (Associated Press)WASHINGTON (AP) — Adam Sandler placed his hand on the bronze bust of Mark Twain and speculated that it “one day might be the weapon used to bludgeon me in my sleep.”A host of comedic and entertainment royalty gathered at Washington’s Kennedy Center as Sandler was presented with the Mark Twain Prize for American Humor.Presenters including Drew Barrymore, Conan O’Brien, Chris Rock, Jennifer Aniston, Steve Buscemi, Dana Carvey, and Luis Guzmán gave testimonials to Sandler’s creative longevity, while poking occasional fun at his uneven movie output and tendency to cast all his friends in his movies.Sandler’s longtime writing and production partner Tim Herlihy joked that the pair were responsible for “31 motion pictures with a combined Rotten Tomatoes score of 59.”Buscemi, known largely for dramatic and often violent roles, portrayed a string of comedic characters in Sandler movies.“He takes his comedy very seriously. I laugh hard at everything I do wit...