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Ingles: Fiscal Q4 Earnings Snapshot

Published Mon, 24 Feb 2025 11:21:53 GMT

ASHEVILLE, N.C. (AP) — ASHEVILLE, N.C. (AP) — Ingles Markets Inc. (IMKTA) on Wednesday reported net income of $52.6 million in its fiscal fourth quarter.On a per-share basis, the Asheville, North Carolina-based company said it had profit of $2.77.The grocer posted revenue of $1.58 billion in the period.For the year, the company reported profit of $210.8 million, or $11.10 per share. Revenue was reported as $5.89 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMKTA at https://www.zacks.com/ap/IMKTASource

Michigan to join state-level effort to regulate AI political ads as federal legislation is pending

Published Mon, 24 Feb 2025 11:21:53 GMT

LANSING, Mich. (AP) — Michigan is joining an effort to curb deceptive uses of artificial intelligence and manipulated media through state-level policies as Congress and the Federal Elections Commission continue to debate more sweeping regulations ahead of the 2024 elections.Campaigns on the state and federal level will be required to clearly say which political advertisements airing in Michigan were created using artificial intelligence under legislation expected to be signed in the coming days by Gov. Gretchen Whitmer, a Democrat. It also would prohibit use of AI-generated deepfakes within 90 days of an election without a separate disclosure identifying the media as manipulated.Deepfakes are fake media that misrepresent someone as doing or saying something they didn’t. They’re created using generative artificial intelligence, a type of AI that can create convincing images, videos or audio clips in seconds. There are increasing concerns that generative AI will be used in...

Okta: Fiscal Q3 Earnings Snapshot

Published Mon, 24 Feb 2025 11:21:53 GMT

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Okta Inc. (OKTA) on Wednesday reported a loss of $81 million in its fiscal third quarter.On a per-share basis, the San Francisco-based company said it had a loss of 49 cents. Earnings, adjusted for one-time gains and costs, came to 44 cents per share.The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.The cloud identity management company posted revenue of $584 million in the period, which also beat Street forecasts. Fourteen analysts surveyed by Zacks expected $559.8 million.For the current quarter ending in January, Okta expects its per-share earnings to range from 50 cents to 51 cents.The company said it expects revenue in the range of $585 million to $587 million for the fiscal fourth quarter.Okta expects full-year earnings in the range of $1.47 to $1.48 per share, with revenue ranging from $2.24 billion to $2.25 billion._____This stor...

Petco: Fiscal Q3 Earnings Snapshot

Published Mon, 24 Feb 2025 11:21:53 GMT

SAN DIEGO (AP) — SAN DIEGO (AP) — Petco Health & Wellness Co. (WOOF) on Wednesday reported a loss of $1.24 billion in its fiscal third quarter.On a per-share basis, the San Diego-based company said it had a loss of $4.63. Losses, adjusted for one-time gains and costs, came to 5 cents per share.The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.The pet store chain posted revenue of $1.49 billion in the period.Petco expects full-year earnings to be 8 cents per share, with revenue in the range of $6.15 billion to $6.28 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WOOF at https://www.zacks.com/ap/WOOFSource

Patterson Cos.: Fiscal Q2 Earnings Snapshot

Published Mon, 24 Feb 2025 11:21:53 GMT

ST PAUL, Minn. (AP) — ST PAUL, Minn. (AP) — Patterson Cos. (PDCO) on Wednesday reported fiscal second-quarter net income of $40 million.The St Paul, Minnesota-based company said it had net income of 42 cents per share. Earnings, adjusted for amortization costs, came to 50 cents per share.The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.The medical supplies maker posted revenue of $1.65 billion in the period, which also fell short of Street forecasts. Seven analysts surveyed by Zacks expected $1.71 billion.Patterson Cos. expects full-year earnings in the range of $2.35 to $2.45 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 PDCO at https://www.zacks.com/ap/PDCOSource

How long will sun glare last on I-70?

Published Mon, 24 Feb 2025 11:21:53 GMT

DENVER (KDVR) — If you've driven eastbound on Interstate 70 at Floyd Hill early in the morning, you have probably been blinded by sun glare.Sun glare occurs when the angle of the sun, in combination with the inclining hills, creates a blinding light, according to the Colorado Department of Transportation.The glare makes it nearly impossible to see clearly while driving. It's what causes road closures on I-70 during many winter mornings. Warning: Sun glare can cause issues for drivers on I-70 during winter months Every morning, Colorado State Patrol and CDOT personnel decide whether or not to close eastbound I-70 at exit 244 (U.S. 6).How long does sun glare last?There's good news and bad news when it comes to the length of the sun glare issue.Good news: Sun glare on I-70 only lasts two to three hours in the early morning. It's only noticeable between sunrise and 8:30 a.m. Bad news: It will continue for the next few months.Sun glare occurs in the fall and winter months. It usually b...

Photos: Broadmoor unveils annual holiday gingerbread display

Published Mon, 24 Feb 2025 11:21:53 GMT

COLORADO SPRINGS, Colo. (KXRM) — The Broadmoor is cruising into the holidays with the unveiling of its over-the-top gingerbread display, "A Lightning Bug Canopy Boat."Always a festive surprise, the resort is known for its annual creative sugary life-size displays. Past gingerbread creations have included trains, chapels, and even cars. This year, the iconic resort adds a boat to the holiday list in celebration of its history and new upcoming boating experiences.For years, guests of The Broadmoor have enjoyed paddle boats on the resort’s very own Cheyenne Lake. However, most people don’t know that when the hotel opened in 1918, there were canopy boats that cruised silently across the placid waters. As a new addition to summer 2024, two beautiful new electric canopy boats will once again grace the lake, the resort said. The resort will also have a new custom handcrafted canoe by Adirondack available for guests to enjoy. Artisans from around the world hand carve 1,000 tons of ice int...

Baptist Health and FIU Medical School forge partnership to enhance local care

Published Mon, 24 Feb 2025 11:21:53 GMT

Baptist Health and Florida International University’s Medical School have officially joined forces in an attempt to elevate healthcare standards and retain local medical talent. The collaboration, formalized at a signing ceremony at Baptist Health Miami Cancer Institute, aims to bring about significant developments in medical education and clinical facilities in South Florida.Dr. Herbert Wertheim expressed optimism about the partnership.“What’s going to happen with the Baptist partnership is that we’re going to have, anywhere from 300 to 500 new residents in different professions,” he explained. “Matriculating through our different hospitals and our university.”The alliance focuses on expanding both undergraduate and graduate medical education programs, cultivating clinical and teaching facilities, and fostering faculty-physician practices.This collaboration not only strengthens medical education but also deepens capabilities in groundbreaki...

Dominic Cummings acted like he was prime minister, UK COVID inquiry hears

Published Mon, 24 Feb 2025 11:21:53 GMT

LONDON — Unelected Boris Johnson aide Dominic Cummings acted like he was the prime minister “in all but name,” a senior Conservative told Britain’s COVID-19 inquiry.Sajid Javid — who served as both chancellor and later health secretary under Johnson — said in evidence to the inquiry that then-prime minister was “largely content” to let his most senior adviser run the country as the coronavirus pandemic hit the U.K.The Conservative MP quit as chancellor under Johnson in February 2020, as the crisis began to escalate. It followed major tensions between Johnson’s Cummings-led No. 10 Downing Street operation and Javid’s Treasury.In a statement which was read out at the inquiry — which is looking for lessons learned from the government’s response to the pandemic — Javid said that during his time as chancellor, Cummings “sought to act as the prime minister in all but name,” and “tried to make all key decisions within No 10 — not the prime minister.”“I felt that the...

French Green MEP Michèle Rivasi dead at 70

Published Mon, 24 Feb 2025 11:21:53 GMT

Michèle Rivasi, a French MEP from the Greens–European Free Alliance group, died Wednesday at the age of 70, according to her office.The EU lawmaker got her start in politics in the wake of the Chernobyl nuclear meltdown, when she founded an NGO that analyzed radioactivity in the environment after the nuclear disaster. She was elected to the French national assembly in 1997 as a socialist, and served as a member until 2002.In 2009 she ran and won a seat in the European Parliament as a Green, and then was twice reelected, in 2014 and 2019. Rivasi was a well-known political figure in France, and was a visible campaigner across a number of issues, including the use of pesticides, pharmaceutical company practices and nuclear energy. She’s also been at the center of controversy, most recently for her skepticism toward what she saw as over-extensive vaccination. She was also critical of French President Emmanuel Macron’s vaccine mandate. Rivasi was known as a pugnacious fighter...