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Spartan Stores: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 14:28:08 GMT

GRAND RAPIDS, Mich. (AP) — GRAND RAPIDS, Mich. (AP) — Spartan Stores Inc. (SPTN) on Thursday reported second-quarter profit of $19.5 million.On a per-share basis, the Grand Rapids, Michigan-based company said it had net income of 56 cents. Earnings, adjusted for non-recurring costs, came to 65 cents per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.The grocery store operator and grocery distributor posted revenue of $2.31 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $2.36 billion.Spartan Stores expects full-year earnings in the range of $2.20 to $2.35 per share, with revenue in the range of $9.65 billion to $9.95 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPTN at https://www.zacks.com/ap/S...

Cato: Fiscal Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 14:28:08 GMT

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Cato Corp. (CATO) on Thursday reported fiscal second-quarter net income of $1.1 million, after reporting a loss in the same period a year earlier.On a per-share basis, the Charlotte, North Carolina-based company said it had profit of 6 cents.The clothing retailer posted revenue of $182.9 million in the period.Cato shares have decreased 16% since the beginning of the year. The stock has dropped 42% 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 CATO at https://www.zacks.com/ap/CATOSource

The Children’s Place: Fiscal Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 14:28:08 GMT

SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — The Children’s Place Retail Stores Inc. (PLCE) on Thursday reported a loss of $35.4 million in its fiscal second quarter.On a per-share basis, the Secaucus, New Jersey-based company said it had a loss of $2.82. Losses, adjusted for one-time gains and costs, came to $2.12 per share.The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $2.16 per share.The children’s clothing and accessories chain posted revenue of $345.6 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $341.6 million.For the current quarter ending in October, The Children’s Place expects its per-share earnings to range from $3.55 to $3.65.The company said it expects revenue in the range of $470 million to $475 million for the fiscal third quarter._____This story was generated by Automated Insights (http://automatedinsights.c...

Evogene: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 14:28:08 GMT

REHOVOT, Israel (AP) — REHOVOT, Israel (AP) — Evogene Ltd. (EVGN) on Thursday reported a loss of $7 million in its second quarter.On a per-share basis, the Rehovot, Israel-based company said it had a loss of 17 cents.The agricultural company posted revenue of $654,000 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 EVGN at https://www.zacks.com/ap/EVGNSource

Immatics: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 14:28:08 GMT

TUBINGEN, Germany (AP) — TUBINGEN, Germany (AP) — Immatics N.V. (IMTX) on Thursday reported a loss of $26.8 million in its second quarter.The Tubingen, Germany-based company said it had a loss of 35 cents per share.The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.The company posted revenue of $24.3 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 IMTX at https://www.zacks.com/ap/IMTXSource

Mueren tres personas por una infección con una rara bacteria carnívora en Connecticut y Nueva York

Published Wed, 26 Feb 2025 14:28:08 GMT

(CNN) — Al menos tres personas han muerto en Connecticut y Nueva York después de contraer una rara bacteria carnívora que se puede encontrar en aguas cálidas y salobres o en mariscos crudos, confirmaron las autoridades este miércoles.Dos personas en Connecticut se infectaron con Vibrio vulnificus y murieron después de nadar en dos lugares separados en Long Island Sound, según Christopher Boyle, director de comunicaciones del Departamento de Salud Pública del estado.Una tercera persona se infectó en julio después de comer ostras crudas en un establecimiento fuera del estado, según el Departamento de Salud Pública. Los tres tenían entre 60 y 80 años, según el departamento.El virus también se detectó en una persona que murió en Long Island, anunció este miércoles la gobernadora Kathy Hochul. Las autoridades todavía están investigando la muerte en el condado de Suffolk para determinar si la bacteria se encontró en las aguas de Nueva York o en otro lugar, según el comunicado de pre...

Barcelona hosts Cadiz in 1st game at temporary home stadium, Madrid visits Almeria

Published Wed, 26 Feb 2025 14:28:08 GMT

BARCELONA, Spain (AP) — After having both its coach and best winger sent off last week, Barcelona will try to jump start its Spanish season on Sunday at home.Except home isn’t what it used to be.Barcelona will play its first official game in its temporary home against Cadiz while Camp Nou undergoes an extensive makeover, and coach Xavi Hernández will be watching from the stands.Xavi was sent off for excessively complaining about the decisions of the referee during his team’s 0-0 draw at Getafe in their season opener last week. The former midfielder was handed a two-game suspension for his behavior.The hosts will also be missing forward Raphinha, who earned a red card against Getafe when he elbowed an opposing player. That leaves Barcelona without a pure winger, after Ousmane Dembélé left for Paris Saint-Germain in the offseason. The empty spot in the starting lineup could be filled by forwards Ferran Torres or Ansu Fati, or another midfielder like Gavi Páez. Former Manchester ...

Tapestry: Fiscal Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 14:28:08 GMT

NEW YORK (AP) — NEW YORK (AP) — Tapestry Inc. (TPR) on Thursday reported fiscal fourth-quarter earnings of $224.1 million.The New York-based company said it had net income of 95 cents per share.The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share.The maker of high-end shoes and handbags posted revenue of $1.62 billion in the period, also missing Street forecasts. Five analysts surveyed by Zacks expected $1.67 billion.For the year, the company reported profit of $936 million, or $3.88 per share. Revenue was reported as $6.66 billion.Tapestry expects full-year earnings to be $4.10 to $4.15 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 TPR at https://www.zacks.com/ap/TPRSource

These are the lowest-paying jobs in Denver

Published Wed, 26 Feb 2025 14:28:08 GMT

DENVER (Stacker) — The U.S. may be one of the wealthiest countries in the world, but financial inequality prevails within its borders. That divide is growing, especially between the poorest and richest U.S. residents.The middle class is shrinking. In 2021, just half of adults lived in a middle-income household, a huge drop from 61% in the 70s. This dip meant some middle-class adults broke into the high-income bracket. At the same time, the share of lower-income residents is growing: 29% of adults lived in low-income households in 2021, compared to 25% in 1971.Wages over this period grew at all income levels, but the rich got significantly higher bumps. Pew Charitable Trusts found that high incomes grew 69% over the past 50 years, while low incomes grew just 45%. The COVID-19 pandemic exacerbated and further exposed these harsh financial gaps. 2 Colorado cities ranked among best for side gigs The difference in pay for the highest- and lowest-paying jobs in the U.S. last year was o...

The world shed 3.5 million millionaires in 2022 as market losses drained wealth at the top

Published Wed, 26 Feb 2025 14:28:08 GMT

New York (CNN) — Last year, as interest rates rose and inflation stayed stubbornly high, total household wealth declined for the first time since the 2008 financial crisis.That might sound like bad news, but the numbers tell a more optimistic story.Here’s the deal: The grand total of all the private wealth in the world fell 2.4% to $454.4 trillion, according to the annual Credit Suisse and UBS global wealth report. Much of that was due to losses in stock and bond markets, which disproportionately affect wealthier people.Meanwhile, global median wealth, a more meaningful indicator of how the typical person is faring, actually rose 3% in 2022.In short, the average Joe got a bit of a boost and a bunch of millionaires and billionaires took a bath — a phenomenon some refer to as a “rich-cession.”(For the record: The report defines net worth or “wealth” as the value of a household’s financial assets and real assets, like property, minus their debts.)The drain on wealth at the top means th...