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Business Highlights: Anchors away at Fox, CNN

Published Fri, 27 Dec 2024 12:52:56 GMT

___Tucker Carlson, Fox News’ most popular host, out at networkNEW YORK (AP) — Fox News says it has agreed to part ways with Tucker Carlson, less than a week after settling a lawsuit over the network’s 2020 election reporting. The network said in a press release Monday that the popular and controversial prime-time host’s last program aired on Friday. Carlson became Fox’s most popular personality after replacing Bill O’Reilly in Fox’s prime-time lineup in 2017. He’s also consistently drawn headlines for controversial coverage, including most recently airing tapes from the Jan. 6 Capitol insurrection to minimize the impact of the deadly attack. There was no immediate explanation from Fox about why Carlson was leaving.___Appeals court upholds Apple’s control of iPhone app storeAn appeals court has upheld Apple’s exclusive control over the distribution of iPhone apps. In its ruling Monday, the court rejected the latest attempt to force one of the world’s most powerful companies to disman...

Range Resources: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 12:52:56 GMT

FORT WORTH, Texas (AP) — FORT WORTH, Texas (AP) — Range Resources Corp. (RRC) on Monday reported first-quarter earnings of $481.4 million.On a per-share basis, the Fort Worth, Texas-based company said it had net income of $1.95. Earnings, adjusted for non-recurring gains, were 99 cents per share.The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.The independent oil and gas company posted revenue of $1.19 billion in the period. Its adjusted revenue was $853 million, also topping Street forecasts. Eight analysts surveyed by Zacks expected $783.2 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RRC at https://www.zacks.com/ap/RRCSource

KKR Real Estate: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 12:52:56 GMT

NEW YORK (AP) — NEW YORK (AP) — KKR Real Estate Finance Trust Inc. (KREF) on Monday reported a loss of $25.1 million in its first quarter.On a per-share basis, the New York-based company said it had a loss of 45 cents. Earnings, adjusted for non-recurring costs, came to 48 cents per share.The real estate finance company posted revenue of $152.5 million in the period. Its adjusted revenue was $46.6 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KREF at https://www.zacks.com/ap/KREFSource

Parke Bancorp: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 12:52:56 GMT

WASHINGTON TOWNSHIP, N.J. (AP) — WASHINGTON TOWNSHIP, N.J. (AP) — Parke Bancorp Inc. (PKBK) on Monday reported net income of $11.1 million in its first quarter.The Washington Township, New Jersey-based bank said it had earnings of 92 cents per share.The holding company for Parke Bank posted revenue of $27.8 million in the period. Its revenue net of interest expense was $18.9 million, surpassing Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKBK at https://www.zacks.com/ap/PKBKSource

Simpson Manufacturing: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 12:52:56 GMT

PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — Simpson Manufacturing Co. (SSD) on Monday reported profit of $88 million in its first quarter.The Pleasanton, California-based company said it had profit of $2.05 per share.The building materials company posted revenue of $534.4 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 SSD at https://www.zacks.com/ap/SSDSource

Atalanta eyes return to Europe after beating Roma

Published Fri, 27 Dec 2024 12:52:56 GMT

BERGAMO, Italy (AP) — Atalanta boosted its chances of returning to Europe after beating visiting Roma 3-1 in Serie A on Monday.Mario Pasalic put Atalanta ahead before the break after being set up by Duvan Zapata. Then Rafael Toloi doubled the advantage midway through the second half with a bouncing shot that Roma defender Diego Llorente headed into his own goal in a failed clearing attempt.After Lorenzo Pellegrini pulled one back for Roma, Teun Koopmeiners immediately restored the two-goal advantage following a goalkeeping blunder by Rui Patricio.Seventh-placed Atalanta moved within two points of sixth-placed Inter Milan and the Italian league’s Conference League spot.Roma remained fifth, level on points with fourth-placed AC Milan, and four points ahead of Atalanta.After five straight seasons of playing in Europe, Atalanta didn’t qualify for any continental competitions for this season.Roma faces Bayer Leverkusen in the Europa League semifinals.___More AP soccer: https://apnews.com...

Planned Senate bill would counteract Mining Law ruling

Published Fri, 27 Dec 2024 12:52:56 GMT

A Nevada Democratic U.S. senator is looking to Congress to ensure mining companies can use established mineral claims to dump waste on neighboring federal lands as they always had before a federal appeals court adopted a stricter interpretation of a 150-year-old law.Environmentalists widely praised the 9th U.S. Circuit Court of Appeals’ more restrictive ruling, which blocked the Rosemont copper mine in southern Arizona last year because the company hadn’t proven it had mineral rights on the adjacent land where the waste rock was to be buried.The ramifications of the ruling are worrisome, however, for President Joe Biden’s clean energy agenda and for key projects to mine lithium, cobalt and other materials needed to manufacture batteries for electric vehicles.In response, Nevada U.S. Sen. Catherine Cortez Masto drafted a bill she intends to introduce Tuesday with Republican Sen. James Risch of Idaho, her office told The Associated Press on Monday. The bill would ame...

Want an affordable European vacation this summer? You may have to get creative

Published Fri, 27 Dec 2024 12:52:56 GMT

Want to get away for a lovely European vacation? It seems like everyone in America does, and it’s driving up prices. If you still want to head out on that big adventure, you’ll probably have to pay out the nose — or get creative.When you peruse the web for summer flights to Paris or Rome, good luck with finding a flight for less than $1,000.“Delta just released their earnings, and one of the starkest data points that they mentioned in there is that 75% of their international seats for this summer have already been sold,” said Scott Keyes, founder of Going.com.Not good news for folks who have yet to book their summer plans.Budget airlines like Play and North Atlantic Airways are giving a lot of good nonstop flights to Europe at really remarkably cheap prices. That may help, but the demand is still high.“Travel between the U.S. and Europe is up 15% compared to the same time in 2019. There are a lot of Americans heading over to Europe right now,” said Keyes.He said if you want to go on...

Medpace: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 12:52:56 GMT

CINCINNATI (AP) — CINCINNATI (AP) — Medpace Holdings Inc. (MEDP) on Monday reported earnings of $72.9 million in its first quarter.The Cincinnati-based company said it had profit of $2.27 per share.The provider of outsourced clinical development services posted revenue of $434.1 million in the period.Medpace expects full-year earnings to be $7.81 to $8.40 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 MEDP at https://www.zacks.com/ap/MEDPSource

WesBanco: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 12:52:56 GMT

WHEELING, W.Va. (AP) — WHEELING, W.Va. (AP) — WesBanco Inc. (WSBC) on Monday reported first-quarter profit of $42.3 million.The Wheeling, West Virginia-based bank said it had earnings of 67 cents per share. Earnings, adjusted for restructuring costs, came to 71 cents per share.The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.The holding company for WesBanco Bank posted revenue of $188.2 million in the period. Its revenue net of interest expense was $153.3 million, which also did not meet Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSBC at https://www.zacks.com/ap/WSBCSource