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On Holding: Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 18:04:18 GMT

ZURICH (AP) — ZURICH (AP) — On Holding AG (ONON) on Tuesday reported a loss of $27.4 million in its fourth quarter.On a per-share basis, the Zurich-based company said it had a loss of 8 cents. Earnings, adjusted for one-time gains and costs, were 2 cents per share.The running-shoe and apparel company posted revenue of $380.9 million in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $291.8 million.For the year, the company reported profit of $60.5 million, or 19 cents per share. Revenue was reported as $1.28 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONON at https://www.zacks.com/ap/ONONSource

X4 Pharmaceuticals: Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 18:04:18 GMT

BOSTON (AP) — BOSTON (AP) — X4 Pharmaceuticals, Inc. (XFOR) on Tuesday reported a loss of $29.1 million in its fourth quarter.The Boston-based company said it had a loss of 29 cents per share.The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share.For the year, the company reported a loss of $93.9 million, or $1.52 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 XFOR at https://www.zacks.com/ap/XFORSource

NHK says Japanese leader Fumio Kishida is in Kyiv, showing support for Ukraine as China’s Xi Jinping visits Russia

Published Wed, 26 Feb 2025 18:04:18 GMT

KYIV, Ukraine (AP) — NHK says Japanese leader Fumio Kishida is in Kyiv, showing support for Ukraine as China’s Xi Jinping visits Russia.Source

Fanatics to take over as NHL jersey maker starting in 2024

Published Wed, 26 Feb 2025 18:04:18 GMT

The NHL is changing jerseys again.Fanatics is taking over as the league’s on-ice jersey provider beginning with the 2024-25 season, replacing Adidas, which has made them since 2017. It’s the third company to make NHL jerseys since 2005, after Reebok handled them for more than a decade.“It just became, for us, really a natural evolution of our ongoing relationship,” NHL executive vice president of marketing Brian Jennings said, referring to a deal with Fanatics that dates to 2005. “They have been a partner that has absolutely shared our commitment to innovation and performance and creativity.”It’s the first time Fanatics will make in-game jerseys with their own branding for one of the four major North American men’s professional sports leagues. The company has made Major League Baseball’s uniforms since 2017 for Majestic and Nike, which executive Doug Mack said helped Fanatics take this step.“Our philosophy is we don’t need to reinvent wheels,” said Mack, a Fa...

Canadian Solar: Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 18:04:18 GMT

ONTARIO, Ontario (AP) — ONTARIO, Ontario (AP) — Canadian Solar Inc. (CSIQ) on Tuesday reported fourth-quarter earnings of $77.8 million.The Ontario, Ontario-based company said it had net income of $1.11 per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.The solar wafers manufacturer posted revenue of $1.97 billion in the period.For the year, the company reported profit of $240 million, or $3.44 per share. Revenue was reported as $7.47 billion.For the current quarter ending in March, Canadian Solar said it expects revenue in the range of $1.6 billion to $1.8 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSIQ at https://www.zacks.com/ap/CSIQSource

At 39, former Japan captain Hasebe extends Frankfurt career

Published Wed, 26 Feb 2025 18:04:18 GMT

FRANKFURT, Germany (AP) — Former Japan captain Makoto Hasebe is not done yet.The veteran defender has extended his contract at Eintracht Frankfurt by another season, meaning he plans to keep playing until he’s 40. Frankfurt said Tuesday that the 39-year-old Hasebe has a new playing contract with the club that expires in June 2024, giving him a chance to become the oldest player to represent the club in the Bundesliga. He has an overall contract with the club until 2027 and is expected to take on a coaching role whenever he finally decides to quit as a player.“Makoto is the only professional player who can decide for himself whether to extend his contract,” Frankfurt sporting director Markus Krösche said. “With his attitude, discipline and football ability, he is not only a complete role model in our team but remains an asset to our game.”Hasebe has made 16 appearances across all competitions for Frankfurt this season — 12 of those as a starter.In total he has played 368 Bundes...

Denver weather: Mild in metro, snow in mountains

Published Wed, 26 Feb 2025 18:04:18 GMT

DENVER (KDVR) — Mild temperatures stay along the Front Range Tuesday with snow pushing into the mountains. Spotty showers are possible in the metro area Tuesday night and into Wednesday morning in the Denver weather forecast.Weather today: Some sunshine, mountain snowDenver and the Front Range will see a mix of sun and clouds Tuesday with mild highs in the upper 50s. Snow pushes into the mountains and sticks around for most of the day.Pinpoint Weather: Daily forecast on March 21. Weather tonight: More clouds, a light sprinkleExtra clouds push across the metro Tuesday night with snow staying in the mountains and a chance for a sprinkle in the city early Wednesday. World on ‘thin ice’ as UN climate report gives stark warning Overnight lows are seasonal around the 30-degree mark with a light wind.Pinpoint Weather: Nightly forecast for March 21. Looking ahead: Unsettled weather into the weekendHighs on Wednesday are close to seasonal averages in the middle 50s with partly cloudy skie...

Ryanair demands EU action over French air traffic control strikes

Published Wed, 26 Feb 2025 18:04:18 GMT

Ryanair wants the EU to force France to allow flights in its airspace when air traffic controllers are on strike — arguing that recent industrial action has disrupted travel for nearly 1 million passengers.Two executives from the low-cost carrier were in Brussels on Monday to announce the launch of a petition to European Commission President Ursula von der Leyen, saying that strikes in France — over President Emmanuel Macron’s controversial pension reform plan — have already led to hundreds of cancelations in the past few days.Ryanair wants the Commission to force France to include overflights in its definition of the “minimum service” that air traffic controllers are required to provide, even when the sector is on strike. “The European Commission has done nothing on this,” Ryanair CEO Eddie Wilson said, arguing it should be up to Brussels to guarantee the freedom of movement of EU passengers.The carrier says it’s not fair that passengers who are not traveling to or from ...

Europe heading for huge excess LNG import capacity, experts warn

Published Wed, 26 Feb 2025 18:04:18 GMT

European countries risk wasting huge sums of money on gas import infrastructure they won’t need after “panicking” in response to Russia’s pipeline shutoffs, expert analysts warned.In a rush to find alternative sources of gas after Russia’s Gazprom began limiting Europe’s vital pipeline imports, many European countries — and Germany in particular — fast-tracked plans for new liquefied natural gas (LNG) infrastructure to bring in supplies by sea from the United States, Qatar and elsewhere.But according to a new analysis by the Institute for Energy Economics and Financial Analysis (IEEFA), shared with POLITICO, European countries may have hugely overshot the mark, with current planned import capacity far exceeding likely LNG demand by 2030.If current infrastructure plans are carried out, LNG terminal capacity across Europe — including in the U.K., Norway and Turkey, which are closely connected to the EU’s gas market — could exceed 400 billion cubic meters (bcm), the analysis...

Bruce Springsteen performs ‘Dirty Water’ during encore at TD Garden concert

Published Wed, 26 Feb 2025 18:04:18 GMT

Bruce Springsteen performed the Boston crowd-pleaser as part of an encore at his TD Garden concert Monday night. The audience sang along as Springsteen and the E Street Band covered “Dirty Water” by The Standells. Springsteen also received two custom Bruins and Celtics jerseys. TD Garden Tweeted a photo of the jerseys with “The Boss” written on the back.https://twitter.com/tdgarden/status/1638020774383501315?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5EtweetOn Tuesday, Springsteen heads to Washington D.C. to be honored by President Biden with the National Medal of Arts. Other recipients of the award include Cambridge native and actress Mindy Kaling, legendary singer Gladys Knight, and Emmy Award-winning actress Julia Louis-Dreyfus. The Boss announced Tuesday that he will return to Boston on August 26 for a show at Gillette Stadium. Tickets go on sale March 24.