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KLX Energy Services: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:45:44 GMT

HOUSTON (AP) — HOUSTON (AP) — KLX Energy Services Holdings Inc. (KLXE) on Wednesday reported net income of $9.4 million in its first quarter.On a per-share basis, the Houston-based company said it had net income of 65 cents. Earnings, adjusted for non-recurring costs, came to 80 cents per share.The service provider to oil and natural gas producers posted revenue of $239.6 million in the period.For the current quarter ending in June, KLX Energy Services said it expects revenue in the range of $240 million to $250 million.The company expects full-year revenue in the range of $975 million to $1.04 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KLXE at https://www.zacks.com/ap/KLXESource

Coeur Mining: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:45:44 GMT

CHICAGO (AP) — CHICAGO (AP) — Coeur Mining Inc. (CDE) on Wednesday reported a first-quarter loss of $24.6 million, after reporting a profit in the same period a year earlier.On a per-share basis, the Chicago-based company said it had a loss of 8 cents. Losses, adjusted for non-recurring gains, were 11 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 9 cents per share.The silver mining company posted revenue of $187.3 million in the period.In the final minutes of trading on Wednesday, the company’s shares hit $3.53. A year ago, they were trading at $3.25._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDE at https://www.zacks.com/ap/CDESource

Justice Dept. settles with New Jersey county over ballot languages, highlighting widespread barrier

Published Tue, 25 Feb 2025 00:45:44 GMT

WASHINGTON (AP) — The Justice Department has reached a settlement with a New Jersey county over language barriers for Spanish-speaking voters, emphasizing a growing challenge for certain minority communities nationwide.The agreement with Union County comes after federal prosecutors filed a lawsuit alleging it failed to make registration and voting notices, forms, instructions and ballots available in Spanish, violating sections of the federal Voting Rights Act.“We know firsthand how language barriers hurt our community,” said Hector Sanchez Barba, chief executive of Mi Familia Vota, a national group seeking to boost Latino political influence. “Eliminating language barriers is not only legally sound but also the right thing to do to strengthen our democracy.”The county, which has nearly 28,000 Spanish-speaking citizens of voting age, will be required to print all election materials in English and Spanish, and ensure that someone is available to assist Spanish-speaking vo...

Hennessy Advisors: Fiscal Q2 Earnings Snapshot

Published Tue, 25 Feb 2025 00:45:44 GMT

NOVATO, Calif. (AP) — NOVATO, Calif. (AP) — Hennessy Advisors Inc. (HNNA) on Wednesday reported profit of $1.2 million in its fiscal second quarter.On a per-share basis, the Novato, California-based company said it had profit of 15 cents.The investment manager posted revenue of $5.9 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 HNNA at https://www.zacks.com/ap/HNNASource

CS Disco: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:45:44 GMT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CS Disco Inc. (LAW) on Wednesday reported a loss of $20.4 million in its first quarter.On a per-share basis, the Austin, Texas-based company said it had a loss of 34 cents. Losses, adjusted for stock option expense and restructuring costs, came to 20 cents per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.The legal technology company posted revenue of $33.1 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $32.1 million.For the current quarter ending in June, CS Disco said it expects revenue in the range of $31 million to $33 million.The company expects full-year revenue in the range of $135 million to $145 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ...

Biden goes after Republicans on debt limit in campaign-style speech

Published Tue, 25 Feb 2025 00:45:44 GMT

VALHALLA, N.Y. (AP) — President Joe Biden on Wednesday blasted Republican-demanded spending cuts as “devastating,” making his case in a campaign-style speech to voters as lawmakers met in Washington on raising the government’s borrowing limit to avoid a potentially catastrophic U.S. default.The president is showing an increased willingness to discuss possible budget restraints, yet he insisted anew that any talks on that should occur without the risk of the federal government being unable to pay its bills. As he spoke, negotiators from the White House and Congress met for two hours privately at the Capitol to discuss a path forward.“America is the strongest economy in the world, but we should be cutting spending and lowering the deficit without a needless crisis,” Biden said Wednesday.His words were a challenge to House Speaker Kevin McCarthy, who met Tuesday with Biden at the White House, declaring afterward that sharp spending cuts were required for House Republicans t...

Search for St. Louis prosecutor Gardner’s replacement begins

Published Tue, 25 Feb 2025 00:45:44 GMT

JEFFERSON CITY, Mo. (AP) — Missouri’s Republican governor on Wednesday officially opened the application process to replace St. Louis’ embattled prosecutor, Kim Gardner, who resigned last week amid crushing pressure from Republicans who have called her negligent.Gov. Mike Parson said he’s looking for a “member of the St. Louis community” with “strong managerial experience,” a “commitment to the rule of law” and a record of “fair and just” application of state and local law.“We truly want the best person for the job who can restore law and order to our great City of St. Louis,” Parson said in a statement. “The prosecutor we appoint has a real opportunity to make meaningful and lasting change that strengthens public safety.”Parson has only weeks to name a successor to Gardner, who is the city’s first Black circuit attorney. Her last day is June 1.Republicans have been calling for Gardner to resign for months. They argue too many cases, including homicides, have gone ...

Kaleyra: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:45:44 GMT

NEW YORK (AP) — NEW YORK (AP) — Kaleyra, Inc. (KLR) on Wednesday reported a loss of $10 million in its first quarter.The New York-based company said it had a loss of 76 cents per share. Losses, adjusted for non-recurring costs and amortization costs, came to 8 cents per share.The company posted revenue of $83.6 million in the period.For the current quarter ending in June, Kaleyra said it expects revenue in the range of $80 million to $84 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KLR at https://www.zacks.com/ap/KLRSource

CareTrust REIT: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:45:44 GMT

SAN CLEMENTE, Calif. (AP) — SAN CLEMENTE, Calif. (AP) — CareTrust REIT Inc. (CTRE) on Wednesday reported a key measure of profitability in its first quarter. The results did not meet Wall Street expectations.The real estate investment trust, based in San Clemente, California, said it had funds from operations of $35 million, or 35 cents per share, in the period.The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 37 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $19.2 million, or 19 cents per share.The health care real estate investment trust, based in San Clemente, California, posted revenue of $50.6 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stoc...

Rare momentum on a Texas gun bill stalls in the state’s Republican-controlled legislature

Published Tue, 25 Feb 2025 00:45:44 GMT

AUSTIN, Texas (AP) — Rare momentum in the Texas Capitol for a tougher gun law flickered out Wednesday after Republicans stalled a bill that would raise the purchase age for AR-style rifles, virtually assuring the GOP-controlled Legislature will in no major way restrict gun access after more mass shootings. The legislation — always a longshot at best — now has little chance of coming back after unexpectedly coming within reach of a full vote in the state House with the help of two Republicans, which sent Texas’ powerful gun lobby scrambling into action. The unusual forward progress in Texas of a proposed gun restriction jolted the Capitol on Monday, two days after a gunman near Dallas opened fire at an outdoor shopping mall with an AR-style rifle, killing eight people. But late Tuesday night, House Republicans let a deadline lapse that stops the bill from going any further. “Uvalde families didn’t fail. Texas politicians did,” tweeted Kimberly Mata Rubio, whose 10-year-old daug...