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Franklin BSP: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 10:36:50 GMT

NEW YORK (AP) — NEW YORK (AP) — Franklin BSP Realty Trust, Inc. (FBRT) on Monday reported net income of $31.8 million in its third quarter.On a per-share basis, the New York-based company said it had net income of 30 cents. Earnings, adjusted for non-recurring costs, were 43 cents per share.The real estate investment trust posted revenue of $62.4 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 FBRT at https://www.zacks.com/ap/FBRTSource

Struggling Giants trade defensive lineman Leonard Williams to first-place Seahawks

Published Tue, 25 Feb 2025 10:36:50 GMT

EAST RUTHERFORD, N.J. (AP) — The struggling New York Giants have traded defensive end Leonard Williams to the NFC West-leading Seattle Seahawks for a pair of draft picks. The Giants (2-6) said Monday they will receive a second-round draft choice in 2024 and a fifth-rounder in 2025 for Williams, who had a $32 million salary cap hit this season, the highest on the team.Seattle (5-2) has two third-round picks next year, which will help soften the blow of giving up a second-rounder. The deal came a day before the NFL trade deadline at 4 p.m. Tuesday.Adding Williams is the second move Seattle has made in the past week to add to its defensive line. The Seahawks reunited with veteran defensive end Frank Clark last week after Uchenna Nwosu was lost for the regular season with a pectoral injury in Week 7 against Arizona.Williams will likely step into a rotation with Dre’Mont Jones, Mario Edwards Jr. and Jarran Reed on Seattle’s defensive front. Reed in particular has played a lot of sn...

Police say heavily armed man killed himself rather than carry out attack at Colorado amusement park

Published Tue, 25 Feb 2025 10:36:50 GMT

DENVER (AP) — A heavily armed man killed himself rather than carry out an apparent plan to shoot up a mountaintop amusement park in Colorado, authorities said Monday.The 20-year-old man was found dead at Glenwood Caverns Adventure Park on Saturday morning before it opened to the public, apparently breaking into the park while it was closed. He was armed with an AR-style rifle, a handgun and explosives and was wearing body armor and tactical clothing, authorities saidGarfiled County Sheriff Lou Vallario said a message saying, “I am not a killer, I just want to get into the caves,” was written on a wall of a women’s bathroom where he was found. Vallario could not say for certain that the suspect left the message.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.DENVER (AP) — The body of a heavily armed man wearing body armor and tactical clothing was found with homemade explosives at a Colorado amusement park, shutting down the attraction over the weekend as investigato...

Vikings confirm Cousins is done for the season with a torn Achilles tendon in a devastating blow

Published Tue, 25 Feb 2025 10:36:50 GMT

EAGAN, Minn. (AP) — Kirk Cousins has a torn right Achilles tendon that will end his season, dampening the mood around the Minnesota Vikings after their recent resurgence and putting the front office and coaching staff in a scramble to figure out which quarterback to finish with.Cousins underwent an MRI exam on Monday that confirmed the team’s initial fear about his first career injury, suffered when he planted his foot in the grass to step forward in the pocket and try to avoid a sack in the fourth quarter at Green Bay. Cousins went down in pain, had to limp off the field without putting weight on his right leg and was resigned to cheering on his teammates from a cart before the dreaded ride inside for further examination.“We’re all hurting for Kirk,” Vikings coach Kevin O’Connell said, “just knowing how much he’s invested into this team.”The Vikings (4-4) beat the Packers 24-10 on Sunday and climbed above the cut for the playoffs after an 0-3 start. Staying there ...

CVR: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 10:36:50 GMT

SUGAR LAND, Texas (AP) — SUGAR LAND, Texas (AP) — CVR Energy Inc. (CVI) on Monday reported profit of $353 million in its third quarter.The Sugar Land, Texas-based company said it had profit of $3.51 per share. Earnings, adjusted for non-recurring gains, were $1.89 per share.The diversified holding company posted revenue of $2.52 billion 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 CVI at https://www.zacks.com/ap/CVISource

Two Harbors Investments: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 10:36:50 GMT

ST. LOUIS PARK, Minn. (AP) — ST. LOUIS PARK, Minn. (AP) — Two Harbors Investments Corp. (TWO) on Monday reported profit of $306.2 million in its third quarter.The St. Louis Park, Minnesota-based company said it had net income of $2.81 per share. Losses, adjusted for non-recurring gains, came to 1 cent per share.The real estate investment trust that invests in mortgage-backed securities posted revenue of $123.6 million in the period. Its adjusted revenue was -$49.5 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TWO at https://www.zacks.com/ap/TWOSource

Denny’s: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 10:36:50 GMT

SPARTANBURG, S.C. (AP) — SPARTANBURG, S.C. (AP) — Denny’s Corp. (DENN) on Monday reported third-quarter profit of $7.9 million.On a per-share basis, the Spartanburg, South Carolina-based company said it had net income of 14 cents. Earnings, adjusted for non-recurring costs, were 17 cents per share.The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.The restaurant operator posted revenue of $114.2 million in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $117 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DENN at https://www.zacks.com/ap/DENNSource

Legget & Platt: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 10:36:50 GMT

CARTHAGE, Mo. (AP) — CARTHAGE, Mo. (AP) — Leggett & Platt Inc. (LEG) on Monday reported third-quarter profit of $52.8 million.On a per-share basis, the Carthage, Missouri-based company said it had net income of 39 cents. Earnings, adjusted for pretax gains, were 36 cents per share.The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.The engineered component manufacturer posted revenue of $1.18 billion in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $1.24 billion.For the current quarter ending in December, Legget & Platt expects its per-share earnings to range from 22 cents to 32 cents.The company said it expects revenue in the range of $1.09 billion to $1.14 billion for the fiscal fourth quarter.Legget & Platt expects full-year earnings in the range of $1.35 to $1.45 per share, with revenue ranging from $4.7 billion to $4.75 bi...

Denver firefighter arrested in El Paso County

Published Tue, 25 Feb 2025 10:36:50 GMT

DENVER (KDVR) -- A Denver firefighter was arrested by the Colorado Springs Police Department for a "domestic incident" on Oct. 17, according to the Denver Fire Department.Derek Smith was arrested by the Colorado Springs Police and is now facing charges of felony first-degree criminal trespass of a dwelling and misdemeanor criminal mischief. According to Colorado court records, Smith is scheduled to appear in El Paso County District Court on Nov. 3. FOX31 Newsletters: Sign up to get breaking news sent to your inbox Smith was hired by the Denver Fire Department in 2020, according to the department, and is assigned to Station 28, located on South Wolff Street in the Fort Logan neighborhood. The department stated Smith has been placed on leave without pay from the Denver Fire Department pending the court disposition. The department added that once the criminal disposition is made, the Denver Fire Department's Internal Affairs will initiate an internal investigation.

Lawyers argue whether the 'insurrection' clause blocks Trump from 2024 ballot

Published Tue, 25 Feb 2025 10:36:50 GMT

DENVER (AP) — Lawyers for a group of Colorado voters on Monday focused on the January 2021 assault on the U.S. Capitol and former President Donald Trump’s role, opening a trial that could determine whether the Constitution’s insurrection clause bars Trump from running again for the White House.Attorney Eric Olson recounted Trump’s violent rhetoric preceding the Jan. 6 attack and his encouraging a crowd that came within “40 feet” of the vice president when it stormed the Capitol. He said Trump “summoned and organized the mob.” Jenna Ellis pleads guilty in Georgia election interference case “We are here because Trump claims, after all that, that he has the right to be president again,” Olson said. “But our Constitution, the shared charter of our nation, says he cannot do so.” Trump’s legal team and presidential campaign assailed the lawsuit as little more than an attempt by Democrats to derail his attempt to reclaim his old job. Trump is so far dominating the Republican presidential...