Home

GM says pretax earnings took $1.1B hit from autoworkers strike, but says it can absorb costs of deal

Published Tue, 05 Nov 2024 07:55:18 GMT

DETROIT (AP) — General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend. The Detroit automaker on Wednesday reinstated its full-year earnings forecast that was withdrawn after the United Auto Workers began targeting the factories of Detroit automakers with strikes on Sept. 15. Those strikes continued at GM until Oct. 30.The company now predicts full-year net income of $9.1 billion to $9.7 billion, down from its previous outlook of $9.3 billion to $10.7 billion. But GM expects to generate more cash for the full year. It expects free cash flow of $10.5 billion to $11.5 billion, an increase from a previous forecast of $7 billion to $9 billion.To get there, GM expects to cut capital spending, including a slowdown in spending on electric vehicles and at Cruise, its troubled autonomous vehicle unit. California regulators revoked the San Francis...

Player of the Week: Good Counsel’s Aaron Chiles

Published Tue, 05 Nov 2024 07:55:18 GMT

#tnvbNcaMHUrl {margin-bottom: 30px;padding: 20px 10px;background: #D30000;text-align: center;font-weight: bold;color: #fff;border-radius: 5px;}This page contains a video which is being blocked by your ad blocker.In order to view the video you must disable your ad blocker.(new Image()).src = "https://capi.connatix.com/tr/si?token=9be9c680-c459-4acb-af21-654a2ccca384&cid=c2ffed0c-3624-46c0-b10f-97c976d290a3";cnx.cmd.push(function() { cnx({ playerId: "9be9c680-c459-4acb-af21-654a2ccca384",mediaId: "064b22b6-08ee-4b2f-ae07-b8ddb8532bdc"}).render("9a11d951e973492597efcc2e759db6ac"); });With the rain and wind swirling throughout the Washington Catholic Athletic Conference championship game, completing passes was going to be a challenge. With that in mind, Good Counsel deployed standout linebacker Aaron Chiles to follow DeMatha Catholic’s quarterback, wanting to snuff out as many offensive options as possible.To say the plan worked well might be an understatement. Chiles, who has ...

Hormel: Fiscal Q4 Earnings Snapshot

Published Tue, 05 Nov 2024 07:55:18 GMT

AUSTIN, Minn. (AP) — AUSTIN, Minn. (AP) — Hormel Foods Corp. (HRL) on Wednesday reported fiscal fourth-quarter profit of $195.9 million.On a per-share basis, the Austin, Minnesota-based company said it had net income of 36 cents. Earnings, adjusted for one-time gains and costs, were 42 cents per share.The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.The maker of Spam canned ham, Dinty Moore stew and other foods posted revenue of $3.2 billion in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $3.26 billion.For the year, the company reported profit of $793.6 million, or $1.45 per share. Revenue was reported as $12.11 billion.Hormel expects full-year earnings in the range of $1.51 to $1.65 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Resea...

Donaldson: Fiscal Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 07:55:18 GMT

MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Donaldson Co. (DCI) on Wednesday reported fiscal first-quarter net income of $92.1 million.The Minneapolis-based company said it had net income of 75 cents per share.The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.The maker of filtration systems posted revenue of $846.3 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $856 million.Donaldson expects full-year earnings to be $3.14 to $3.30 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 DCI at https://www.zacks.com/ap/DCISource

49ers and Eagles head into NFC title game rematch focused on reversing last season’s disappointment

Published Tue, 05 Nov 2024 07:55:18 GMT

Inside the Numbers dives into NFL statistics, streaks and trends each week. For more Inside the Numbers, head here.___The Philadelphia Eagles and San Francisco 49ers haven’t let last season’s postseason disappointment become a hangover in 2023.Both teams head into Sunday’s rematch of last season’s NFC title game with a chance to turn those recent failures into success.Philadelphia, coming off a Super Bowl loss last season to Kansas City, is the fourth Super Bowl runner-up to start the following season 10-1 or better, joining the 1991 Bills, the 1975 Vikings and the undefeated Dolphins in 1972.The goal for Philadelphia (10-1) is to match those 1972 Dolphins, one of three teams to win the Super Bowl the year after losing the title game. Dallas did it the previous season with a win over Miami, and the Patriots did it in 2018, after losing to the Eagles the year before.The Eagles are the fourth team in NFL history to win at least 10 of their first 11 games in bac...

Denver weather: 1 more mild day before chill, flurries

Published Tue, 05 Nov 2024 07:55:18 GMT

DENVER (KDVR) — The metro and the Front Range will enjoy Wednesday's sunshine as highs will be above average. Cooler temperatures and snow chances move in by the end of the week in the Denver weather forecast.Weather today: Sunny and comfySkies stay clear on Wednesday, meaning plenty of sunshine will be across most of the state. ‘Tis the season: Holiday shoppers warned of porch pirates Highs stay above average in the middle 50s with a light wind. Pinpoint Weather: Daily forecast on Nov. 29 Weather tonight: Some extra cloudsA few clouds build in overnight as winds stay light. Low temperatures on Wednesday night will dip into the lower 20s, which is seasonal for this time of the year.Pinpoint Weather: Overnight forecast on Nov. 29 Looking ahead: Cooler with good mountain snowPartly cloudy skies and cooler temperatures in the upper 30s are here on Thursday, making it feel chilly. New pizza shop serving ‘mountain-sized’ pies in Colorado Friday rounds out the workweek with the same...

Suspended Broncos safety Kareem Jackson says he's meeting with NFL commissioner on Wednesday

Published Tue, 05 Nov 2024 07:55:18 GMT

DENVER (AP) — Denver Broncos safety Kareem Jackson said he's flying to New York to meet with NFL Commissioner Roger Goodell on Wednesday to get more clarity about his latest suspension and the way the league enforces its player safety rules.“For me, I see a lot of the same things happening around the league where guys aren't going through what I'm going through — no flags, no fines, no suspensions," Jackson said Tuesday night in his first public comments since drawing his second suspension last week. “I'm not really sure why I'm being treated the way I'm being treated. I'm making regular football plays, nothing malicious in my opinion," Jackson said. “I just want to know why I'm the only person going through what I'm going through.” NFL upholds 4-game suspension of Broncos safety Kareem Jackson, costing him $558K in lost wages Jackson, who's in his 14th NFL season, has been suspended by the league for six games this season, ejected from two others and been fined $89,670 for four i...

Wild beavers return to west London for the first time in 400 years

Published Tue, 05 Nov 2024 07:55:18 GMT

London (CNN) — Wild beavers have returned to London’s Ealing district after an absence of 400 years.A family of five Eurasian beavers – a breeding pair and their three offspring – were transported from Scotland and released Wednesday at the Paradise Fields wetlands area, in Ealing, west London.The Ealing Beaver Project hopes the beavers can help reduce the risk of flooding, as well as engaging people in nature.London Mayor Sadiq Khan was at the release. “[Beavers] are nature’s way of building dams … helping the wider ecosystem,” he said. “It’s good for humans, it’s good for nature, it’s good for our city.”His Rewild London Fund provided almost £40,000 ($49,000) in funding for the project.Sean McCormack, chair of Ealing Wildlife Group, one of many groups behind the beaver initiative, said: “Paradise Fields is a little oasis of nature adjoining a big retail park and adjoining urban Greenford.“Greenford is a high flood risk zone, and that’s only going to be exacerbated by climate chang...

Shooting in SW Miami-Dade leaves teen injured

Published Tue, 05 Nov 2024 07:55:18 GMT

Miami-Dade Police are actively investigating a shooting that unfolded Tuesday night and has left a teen injured.The incident happened around 7:30 p.m. on Harrison Street in the Richmond Heights neighborhood when a drive-by shooting targeting a group gathered outside a residence.Reports indicate that a white Mercedes, 4-door, fled northbound on the Turnpike after firing shots at the crowd. An 18-year-old female was struck and has been transported to Jackson South Medical Center by family members. Currently undergoing surgery, her condition remains unknown.The motive behind the shooting is yet to be determined, and investigators are working to establish the relationship between the victim and others present at the scene. For those with any information or leads on the white Mercedes involved, authorities encourage reaching out. The investigation remains underway, with updates to follow as more details emerge.

Puigdemont warns he’s willing to topple Spanish PM Sánchez

Published Tue, 05 Nov 2024 07:55:18 GMT

The Junts party would be willing to withdraw support from Spanish Prime Minister Pedro Sánchez’s government if “there is not sufficient progress” in negotiations for Catalan independence, its leader Carles Puigdemont said.Speaking to Brussels Playbook on the sidelines of the POLITICO 28 gala dinner on Tuesday night, Puigdemont said his seven Junts MPs, who struck a deal to prop up Sánchez’s government earlier this month in exchange for an amnesty for everyone involved in the failed 2017 Catalan independence referendum, would be open to working with the conservative Popular Party (PP) to depose Sánchez mid-term.Junts would consider a motion of no confidence in Sánchez’s government if it could agree with the PP on an independent prime minister to replace the Socialist, said Puigdemont, “But for that, the PP must make a step toward us … they cannot keep treating me like a terrorist.” The Popular Party won the most votes in Spain’s July ele...