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Haemonetics: Fiscal Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 18:10:20 GMT

BOSTON (AP) — BOSTON (AP) — Haemonetics Corp. (HAE) on Thursday reported fiscal fourth-quarter profit of $29.4 million.On a per-share basis, the Boston-based company said it had net income of 57 cents. Earnings, adjusted for one-time gains and costs, were 77 cents per share.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.The provider blood management systems for health care providers and blood collectors posted revenue of $304.4 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $284.5 million.For the year, the company reported profit of $115.4 million, or $2.24 per share. Revenue was reported as $1.17 billion.Haemonetics expects full-year earnings in the range of $3.45 to $3.75 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a ...

Denver weather: Showers all day Thursday with storms on the plains

Published Wed, 26 Feb 2025 18:10:20 GMT

DENVER (KDVR) — Rain showers will be across the Front Range Thursday with cooler highs and breezy winds in the Denver weather forecast. Tornado touches down near Brush during live newscast Flood watches are in effect across the Front Range and plains, with winter storm warnings and winter weather advisories in effect in the high country as they will see snow.Pinpoint Weather: Advisories on May 11.Weather today: Rain showersRain will stay across the Front Range Thursday with a slight breakthrough midday. Temperatures will remain in the middle 50s, keeping us cool with an increasing afternoon wind. Hail up to 4 inches fell Wednesday in Colorado: See the list There is a chance for some thunderstorms along the far eastern side of the plains this afternoon.Pinpoint Weather: Daily forecast on May 11. Weather tonight: Rain continuesSteady showers stick around Thursday night with seasonal lows in the mid-40s. Winds will also stay brisk overnight out of the northwest at 10-20 mph.Pinpo...

Strasburg hit hard by hail during Wednesday's storm

Published Wed, 26 Feb 2025 18:10:20 GMT

STRASBURG, Colo. (KDVR) — On the Eastern Plains, in the town of Strasburg, it was the calm after the storm."It went from being kinda nice out to all of a sudden, in a snap of a finger, just massive hail," said Irene Ringer, a Strasburg resident.It was a quick-hitting hail storm that in most Strasburg neighborhoods didn't miss much.Ringer's husband shot cell phone video just before 5 p.m. Wednesday of their swimming pool appearing to boil over with pinball-sized hail falling from the sky. Tornado touches down near Brush during live newscast "It looked like fish were popping up out of the water into the gutter because the hail was so big as it was dropping down into the water," said Ringer.The Ringer's SUV was also left blanketed in leaves."All four of our vehicles have cracked windshields," said Ringer.Some might say, it's May, it's the Eastern Plains, hail happens."The last time this happened was 2016, I wanna say, and this is much worse than that storm," said Ringer.Thankfully, t...

Starbucks introduces 2 new summer drinks

Published Wed, 26 Feb 2025 18:10:20 GMT

SEATTLE, Wash. (WSVN) — Starbucks is bringing the heat this summer with two new drinks that are sure to cool you down.The first drink, the Chocolate Java Mint Frappuccino, is a creamy and frothy beverage made in a blender with coffee, sweet chocolate, mint flavor, and chocolate chips. It’s topped off with whipped cream, a layer of mocha sauce, and chocolate cookie mint sprinkles. This decadent drink is perfect for those looking for a refreshing yet indulgent treat.The second new drink, the White Chocolate Macadamia Cream Cold Brew, is a delicious and refreshing cold brew coffee with macadamia syrup. It’s topped with a delightful layer of white-chocolate-macadamia-cream cold foam and toasted cookie crumbles. This drink is perfect for those who prefer a lighter, nutty flavor profile.Both drinks will be offered for a limited time at participating Starbucks locations across the country. So make sure to try them out before they’re gone!Starbucks fans can’t wait to...

Penny for their thoughts: MPs swoon over King Charles’ sword-wielding minister

Published Wed, 26 Feb 2025 18:10:20 GMT

LONDON — Want to be a hit in British politics? Just wield a massive ceremonial weapon in a fancy hat and you’ll do fine.MPs from across the political divide lined up Thursday to heap accolades on Penny Mordaunt, who turned heads at King Charles III’s coronation as she carried the sword of state in her role as lord president of the privy council.Mordaunt’s more prosaic day job — leader of the House of Commons — sees her face a weekly grilling from MPs as she reels off upcoming debates and trades barbs with the opposition.But Thursday’s session saw many MPs swap policy quibbles for fawning praise.Mordaunt’s opposite number, Labour’s Thangam Debonnaire, set the tone, praising “her royal meme-ness” as a “symbol of solemnity,” gushing about an “elegant outfit with nods to tradition [and] modernity,” and saying the Commons leader had “diligently carried out her duty with grace and poise.”This being politics, Debonairre couldn’t resist a few jabs, saying Mordaunt had done a particular...

EU industry chief: We need to switch to ‘war economy mode’

Published Wed, 26 Feb 2025 18:10:20 GMT

Roll up your sleeves, Rosie the Riveter. The European Union “must now move into war economy mode,” its defense policy chief said Thursday, as the war in Ukraine forces Europe to ramp up its security and defense industries.Internal Market Commissioner Thierry Breton promised attendees at a European Defense Summit €1 billion from the European Peace Facility to continue replenishing member countries’ stocks after they send arms to Ukraine. “The recent war of aggression against Ukraine has radically changed the security environment in Europe,” Breton said via videolink. He added that the Commission was ready to speed up public procurement procedures, clear hurdles to the transfer of ammunition within the single market and lift “any regulatory barriers” on working time.The French commissioner repeated his call for Europe to increase its production capacity to 1 million rounds per year within a year, as part of a draft defense production bill call...

BoE lifts rates to 15-year high and keeps the door open to more

Published Wed, 26 Feb 2025 18:10:20 GMT

The Bank of England raised its key interest rates by a quarter point to 4.5 percent, as the fading threat of a recession allowed it to take tougher steps to bring down still-rampant inflation.The BoE said that the U.K. economy had performed more strongly than expected in the early part of the year, leading to a “materially stronger” outlook for demand going forward. Its new forecasts, published Thursday, expect the U.K. to avoid the economic contraction that it had forecast last year, and also put gross domestic product some 2.25 percent above its previous estimate on a two-year horizon. As such, it continued to warn that more interest rate hikes could still be needed to tame inflation, which it said may take longer than expected to return to its medium term target of 2 percent. The move, which was in line with market expectations, brings the Bank Rate to its highest since the onset of the global financial crisis in 2008. Financial markets, which were already positioned...

European Parliament takes aim at guilt-free flights

Published Wed, 26 Feb 2025 18:10:20 GMT

Companies relying on carbon offsets to make customers feel less guilty about unsustainable habits are in for a wake-up call. Lawmakers in the European Parliament on Thursday agreed to push for a ban on businesses saying their products are carbon neutral thanks to offsetting schemes — like planting trees to compensate for CO2 emissions — amid concerns that the programs are inefficient and lack transparency.The vote cements the Parliament’s position as it heads into negotiations with EU countries on the proposed legislation, which was put forward by the European Commission last year in a bid to rein in greenwashing.Although it is still non-binding, the Parliament’s position could spell trouble for a host of businesses that employ offsetting schemes to green their image. Airlines famously make use of them to help massage consumers’ green consciences: One Ryanair flight from Brussels to Liverpool, for example, offers passengers the chance to “compensate your estim...

Ukraine says it pushed Russia back in Bakhmut

Published Wed, 26 Feb 2025 18:10:20 GMT

KYIV — The Ukrainian army pushed Russian forces back in Bakhmut, the town in eastern Ukraine that has been the epicenter in recent months of the fiercest battles in Russia’s invasion of the country, the commander of Ukraine’s ground forces said.The offensives on Wednesday, which caused Moscow to bring up replacement forces in the area, came as Russia’s Wagner mercenary group controls a significant part of Bakhmut.“In some areas of the front, the enemy could not resist the onslaught of the Ukrainian defenders and retreated to a distance of up to two kilometers,” Oleksandr Syrskyi, commander of Ukraine’s ground forces said in a statement late Wednesday. Syrskyi said that Ukrainian tactics exhausted the Wagner forces and prompted the Russian command to replace them with less professional units of the Russian regular army on certain flanks. “The regular troops were defeated and left their positions,” Syrskyi said.Yevgeny Prigozhin, leader of the Wagner ...

Did the co-pilot die before your flight? You can be compensated, EU’s top court rules

Published Wed, 26 Feb 2025 18:10:20 GMT

Airlines should be forced to pay compensation for a canceled flight when a co-pilot dies, the EU’s top court ruled Thursday.The death of a co-pilot is “like any unexpected illness which may affect a crew member whose presence is essential,” and is “inherent in the normal exercise of the activity of the airline,” according to the Court of Justice of the EU. Under EU rules, airlines can refuse to pay compensation to travelers if a flight was canceled due to “extraordinary circumstances.” What counts as “extraordinary” is not defined within the rules, although it’s generally considered to be events outside of the airline’s control, such as a terrorist attack.The case, which was sent to EU judges from Stuttgart’s regional court, involves a 2019 flight to Lisbon put on by Portuguese airline TAP, which was due to take off at 6:05 a.m. from Stuttgart.At 4:15 a.m. that morning, the co-pilot was found dead in his hotel bed. The flight was canceled after the shoc...