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Barabak: Two politicians battled for Congress. They became unlikely friends

Published Tue, 05 Nov 2024 10:29:40 GMT

Democrat Ami Bera was a first-time candidate seeking a Sacramento-area congressional seat. Rob Stutzman, a longtime GOP strategist, was working to defeat him.Attacks — on the air, in newspapers, through the mail — flew like fists in an old Western.Bera assailed Stutzman’s candidate, Republican Rep. Dan Lungren, as a bought-and-paid-for captive of special interests. Stutzman hung Nancy Pelosi and Democrat’s unpopular health care plan around Bera’s neck.Bera lost that 2010 contest, then came back to beat Lungren two years later.Fast-forward to a recent scene at an upscale restaurant near the Capitol.Bera and Stutzman sit at a small table, smiling, tucking into a family-style dinner and sharing a bottle of wine. They toast, as friends do.“It’s never personal,” says Stutzman, who wielded his political skills for a generation of Republican office-seekers, including Arnold Schwarzenegger.“It’s about winning, right?” Bera responds with equal dispassion.Their improbably companionable relati...

Advanced Drainage: Fiscal Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 10:29:40 GMT

HILLIARD, Ohio (AP) — HILLIARD, Ohio (AP) — Advanced Drainage Systems Inc. (WMS) on Thursday reported fiscal first-quarter profit of $173.7 million.The Hilliard, Ohio-based company said it had net income of $2.18 per share. Earnings, adjusted for non-recurring gains, were $2.04 per share.The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.The maker of water drainage systems and pipes posted revenue of $778 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $746.3 million.Advanced Drainage expects full-year revenue in the range of $2.6 billion to $2.8 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMS at https://www.zacks.com/ap/WMSSource

Independent Contract Drilling: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 10:29:40 GMT

HOUSTON (AP) — HOUSTON (AP) — Independent Contract Drilling Inc. (ICD) on Thursday reported a loss of $4.2 million in its second quarter.On a per-share basis, the Houston-based company said it had a loss of 30 cents. Losses, adjusted for non-recurring costs and amortization costs, were 7 cents per share.The provider of drilling services for oil and natural gas producers posted revenue of $56.4 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 ICD at https://www.zacks.com/ap/ICDSource

Alico: Fiscal Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 10:29:40 GMT

FT. MYERS, Fla. (AP) — FT. MYERS, Fla. (AP) — AliCo. (ALCO) on Thursday reported fiscal third-quarter profit of $11.8 million.The Ft. Myers, Florida-based company said it had profit of $1.56 per share. Losses, adjusted for one-time gains and costs, were 73 cents per share.The agribusiness and land management company posted revenue of $7.3 million in the period.Alico shares have climbed 8% since the beginning of the year. The stock has declined 27% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALCO at https://www.zacks.com/ap/ALCOSource

Agios Pharmaceuticals: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 10:29:40 GMT

CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Agios Pharmaceuticals Inc. (AGIO) on Thursday reported a loss of $83.8 million in its second quarter.The Cambridge, Massachusetts-based company said it had a loss of $1.51 per share.The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $1.60 per share.The biopharmaceutical company posted revenue of $6.7 million in the period, which matched Street forecasts.Agios Pharmaceuticals shares have dropped 7.5% since the beginning of the year. The stock has climbed 13% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGIO at https://www.zacks.com/ap/AGIOSource

CommScope: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 10:29:40 GMT

HICKORY, N.C. (AP) — HICKORY, N.C. (AP) — CommScope Holding Co. (COMM) on Thursday reported a loss of $100.4 million in its second quarter.The Hickory, North Carolina-based company said it had a loss of 55 cents per share. Earnings, adjusted for one-time gains and costs, were 19 cents per share.The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.The wireless and broadband network technology company posted revenue of $1.92 billion in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $2.04 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COMM at https://www.zacks.com/ap/COMMSource

Tempur Sealy: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 10:29:40 GMT

LEXINGTON, Ky. (AP) — LEXINGTON, Ky. (AP) — Tempur Sealy International Inc. (TPX) on Thursday reported second-quarter profit of $92.4 million.The Lexington, Kentucky-based company said it had profit of 52 cents per share. Earnings, adjusted for one-time gains and costs, came to 58 cents per share.The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.The mattress maker posted revenue of $1.27 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $1.24 billion.Tempur Sealy expects full-year earnings in the range of $2.50 to $2.70 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 TPX at https://www.zacks.com/ap/TPXSource

HF Sinclair: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 10:29:40 GMT

DALLAS (AP) — DALLAS (AP) — HF Sinclair Corporation (DINO) on Thursday reported second-quarter net income of $507.7 million.On a per-share basis, the Dallas-based company said it had profit of $2.62. Earnings, adjusted for non-recurring gains, came to $2.60 per share.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.27 per share.The independent energy company posted revenue of $7.83 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $7.38 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DINO at https://www.zacks.com/ap/DINOSource

WestRock: Fiscal Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 10:29:40 GMT

ATLANTA (AP) — ATLANTA (AP) — WestRock Co. (WRK) on Thursday reported fiscal third-quarter net income of $202 million.On a per-share basis, the Atlanta-based company said it had profit of 79 cents. Earnings, adjusted for one-time gains and costs, were 89 cents per share.The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.The paper and packaging company posted revenue of $5.12 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $5.23 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WRK at https://www.zacks.com/ap/WRKSource

Westlake: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 10:29:40 GMT

HOUSTON (AP) — HOUSTON (AP) — Westlake Chemical Corp. (WLK) on Thursday reported second-quarter earnings of $297 million.The Houston-based company said it had net income of $2.31 per share.The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.83 per share.The chemical company posted revenue of $3.25 billion in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $3.45 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLK at https://www.zacks.com/ap/WLKSource