Home

Top Md. Democrats mobilizing to compete for newly open congressional seat, while GOP sees opportunity

Published Fri, 27 Dec 2024 12:26:25 GMT

Less than a week after U.S. Rep. John Sarbanes’ surprise announcement that he would not seek a 10th term, several high-profile Democrats are mobilizing to try to replace him, and Republicans believe the Democratic congressman’s decision could put his 3rd District seat into play for the first time in decades.Two rising stars in the Maryland General Assembly, House Ways and Means Committee Chair Vanessa E. Atterbeary (D-Howard) and state Sen. Sarah K. Elfreth (D-Anne Arundel), told Maryland Matters this week that they plan to compete in the Democratic primary next May. Howard County Executive Calvin Ball (D) is among the political leaders who is also seriously contemplating entering the contest.Sarbanes’ looming retirement opens up a rare congressional vacancy in the state. With the primaries half a year away, Democrats and Republicans have just weeks to decide if it is the right opportunity for them.“There could be a dozen, maybe two dozen candidates,” s...

Montgomery Co. officer struck on I-270 is in ‘phenomenal spirit,’ police chief says

Published Fri, 27 Dec 2024 12:26:25 GMT

Montgomery County Police Sgt. Patrick Kepp was attempting to stop a suspected drunk driver when he was struck, police said. (Courtesy Montgomery County police/WTOP) Montgomery County Police Sgt. Patrick Kepp was attempting to stop a suspected drunk driver when he was struck, police said. (Courtesy Montgomery County police/WTOP) A police officer from Montgomery County, Maryland, wants to get back to work, even after the job cost him his legs.Sgt. Patrick Kepp was hit by a car driven by a teen driver running from police on Interstate 270 on Oct. 18. His legs had to be amputated as a result of the injuries, but that is not dampening his spirit, law enforcement officials said on Wednesday.“Sgt. Pat Kepp is in really p...

Allegiant Travel: Q3 Earnings Snapshot

Published Fri, 27 Dec 2024 12:26:25 GMT

LAS VEGAS (AP) — LAS VEGAS (AP) — Allegiant Travel Co. (ALGT) on Thursday reported a loss of $25.1 million in its third quarter.The Las Vegas-based company said it had a loss of $1.44 per share. Earnings, adjusted for non-recurring costs, were 9 cents per share.The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.The travel services company posted revenue of $565.4 million in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $583.7 million.Allegiant Travel expects full-year earnings in the range of $7.75 to $8.50 per share.Allegiant Travel shares have dropped 3% since the beginning of the year. The stock has fallen 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 ALGT at https://www.zacks.com...

Nikola: Q3 Earnings Snapshot

Published Fri, 27 Dec 2024 12:26:25 GMT

PHOENIX (AP) — PHOENIX (AP) — Nikola Corp. (NKLA) on Thursday reported a loss of $425.8 million in its third quarter.On a per-share basis, the Phoenix-based company said it had a loss of 50 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 30 cents per share.The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 15 cents 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 NKLA at https://www.zacks.com/ap/NKLASource

Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year

Published Fri, 27 Dec 2024 12:26:25 GMT

Customers fell for Starbucks’ fall menu in the fiscal fourth quarter, with Pumpkin Spice Lattes and apple croissants helping the company achieve record revenue.But the company said Thursday that growth could moderate in the coming year as it faces economic uncertainty around the world.Revenue for the July-September period rose 11% to $9.4 billion. That surpassed Wall Street’s expectation of $9.3 billion, according to analysts polled by FactSet.For the full fiscal year, Starbucks’ revenue rose 11.6% to $35.9 billion. The company said it expects revenue growth at the low end of a 10% to 12% range for the upcoming fiscal year.Starbucks CEO Laxman Narasimhan said the company saw record-breaking weekly sales after the launch of the Pumpkin Spice Latte in late August. The drink, which is Starbucks’ most popular seasonal beverage, turned 20 this year.Starbucks said its global same-store sales – or sales at stores open at least a year — rose 8%, surpassing analyst fo...

Schneider National: Q3 Earnings Snapshot

Published Fri, 27 Dec 2024 12:26:25 GMT

GREEN BAY, Wis. (AP) — GREEN BAY, Wis. (AP) — Schneider National Inc. (SNDR) on Thursday reported third-quarter profit of $35.6 million.On a per-share basis, the Green Bay, Wisconsin-based company said it had net income of 20 cents.The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.The trucking company posted revenue of $1.35 billion in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $1.4 billion.Schneider National expects full-year earnings in the range of $1.40 to $1.45 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 SNDR at https://www.zacks.com/ap/SNDRSource

Saga: Q3 Earnings Snapshot

Published Fri, 27 Dec 2024 12:26:25 GMT

GROSSE POINTE FARMS, Mich. (AP) — GROSSE POINTE FARMS, Mich. (AP) — Saga Communications Inc. (SGA) on Thursday reported profit of $2.7 million in its third quarter.On a per-share basis, the Grosse Pointe Farms, Michigan-based company said it had profit of 45 cents.The broadcasting company posted revenue of $29.1 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 SGA at https://www.zacks.com/ap/SGASource

High-powered offenses featuring elite QBs clash when No. 5 Washington heads to No. 24 USC

Published Fri, 27 Dec 2024 12:26:25 GMT

BOULDER, Colo. (AP) — Things to watch in the Pac-12 Conference this week:GAME OF THE WEEKNo. 5 Washington (8-0, 5-0 Pac-12, No. 5 CFP) at No. 24 Southern California (7-2, 5-1, No. 20 CFP), Saturday, 7:30 p.m. ET (ABC)These are two of the higher-scoring teams in the nation with both boasting an elite QB. When all the points are scored — and there figures to be a lot of them — and all the TD passes are thrown between Michael Penix Jr. and Caleb Williams — again, a lot — the winner will have the inside track to a spot in the Pac-12 championship game. The Huskies travel to the Coliseum for the first time since 2015. They face a Trojans team that’s 16-0 under the combination of coach Lincoln Riley and Williams against unranked teams but 2-5 against teams in the AP poll, according to league research. The Huskies have won 15 straight games dating to last season.BEST MATCHUPNo. 20 UCLA (6-2, 3-2, No. 19 CFP) at Arizona (5-3, 3-2), Saturday, 10:30 p.m. ET (FS1)The Wildcats are receivin...

Dolphins’ WR Tyreek Hill named AFC Offensive Player of the Month

Published Fri, 27 Dec 2024 12:26:25 GMT

Miami Dolphins wide receiver Tyreek Hill has been named AFC Offensive Player of the Month for his standout performance in October, the NFL announced Thursday. Hill’s achievement marks a historic milestone for the Dolphins, as he becomes the first non-quarterback in franchise history to win the AFC Offensive Player of the Month award, the Miami Dolphins said in a news release. In September, quarterback Tua Tagovailoa secured the same accolade, becoming the first Dolphins player in 30 years to do so. This marks the first time in the team’s history that they have won back-to-back AFC Offensive Player of the Month awards.In October, Hill led the AFC with 602 receiving yards, surpassing any other AFC player by 114 yards. His 16.7 yards per reception during the month were the highest among AFC players with at least 20 receptions, while his four receiving touchdowns tied for third in the conference.Hill converted 66.7% of his 36 receptions into first downs. He recorded three 10...

Disney to acquire remaining stake in Hulu for expected $8.6 billion

Published Fri, 27 Dec 2024 12:26:25 GMT

(CNN) — Disney will acquire Comcast’s one-third stake in Hulu for an expected $8.61 billion, the company said Wednesday, in a deal that will put the streaming service entirely inside the Magic Kingdom when the transaction closes later this year.“The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” the company said in a short statement.Wednesday’s deal brings to an end long-running speculation about the fate of Hulu, but still requires an appraisal process that is expected to be completed in 2024 to further assess the streaming service’s fair value before a final sale price tag is agreed upon.“We look forward to the appraisal process and the determination of Hulu’s fair market value which we expect will reflect the extraordinary value of the business,” Comcast said in a statement.Disney’s bid to acquire the remaining shares in the platform began in 2019 under an agreement between the two companies that gave Hulu a value of at le...