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Beacon Roofing: Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 05:59:22 GMT

HERNDON, Va. (AP) — HERNDON, Va. (AP) — Beacon Roofing Supply Inc. (BECN) on Thursday reported first-quarter profit of $22.3 million.The Herndon, Virginia-based company said it had profit of 25 cents per share. Earnings, adjusted for one-time gains and costs, were 67 cents per share.The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.The roofing materials distributor posted revenue of $1.73 billion in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $1.78 billion.Beacon Roofing shares have increased 13% since the beginning of the year. The stock has fallen slightly more than 5% 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 BECN at https://www.zacks.com/ap/BECNSource

Arc Resources: Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 05:59:22 GMT

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Arc Resources Ltd. (AETUF) on Thursday reported first-quarter net income of $425.2 million, after reporting a loss in the same period a year earlier.The Calgary, Alberta-based company said it had profit of 69 cents per share.The oil and natural gas company posted revenue of $1.22 billion in the period.Arc Resources shares have declined 11% since the beginning of the year. The stock has fallen 20% 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 AETUF at https://www.zacks.com/ap/AETUFSource

Drew Barrymore steps down from hosting MTV Movie & TV Awards in support of writers’ strike

Published Wed, 12 Feb 2025 05:59:22 GMT

(CNN) — Drew Barrymore is standing in solidarity with striking members of the Writers Guild of America by stepping down as the host of the MTV Movie & TV Awards that is scheduled to air on Sunday.“I have listened to the writers, and in order to truly respect them, I will pivot from hosting the MTV Movie & TV Awards live in solidarity with the strike,” Barrymore said on Thursday in a statement shared with CNN.“Everything we celebrate and honor about movies and television is born out of their creation. And until a solution is reached, I am choosing to wait but I’ll be watching from home and hope you will join me,” her statement continued.Barrymore added that she “can’t wait to be a part of this next year, when I can truly celebrate everything that MTV has created, which is a show that allows fans to choose who the awards go to and is truly inclusive.”Bruce Gillmer, executive producer of the MTV Movie & TV Awards, said o...

Superstar students recognized for their hard work thanks to local organization Achieve Miami

Published Wed, 12 Feb 2025 05:59:22 GMT

South Florida high school seniors are being celebrated for their success and growth, thanks to the efforts of Achieve Miami. The organization brought together almost 90 students to the Milander Center for the Arts in Hialeah on Wednesday for a big send-off as they embark on the next chapter of their education.Students have shared their success stories, with some pursuing fields such as mechanical engineering, astrophysics, and medicine.“When I first got into high school, I was a freshman, I was a little bit insecure,” said Robert Morgan Educational Center student, Anthony Camaraza-Diaz. “I didn’t get into a lot of clubs. I was just like getting through it, then in my sophomore year I started to get into organization and things.”Camaraza-Diaz has credited the organization with greatly improving his confidence. He plans on attending Florida International University to study biology in hopes of pursuing a medical career.Another student from Booker T. Washi...

This is Google’s new folding phone

Published Wed, 12 Feb 2025 05:59:22 GMT

(CNN) — Just a few days ahead of its product launch, Google unveiled an early look at its first foldable smartphone.In a video posted to Twitter and YouTube, the company teased a Pixel phone with a vertical hinge that can be opened to reveal a tablet-like display.The company will host its annual developer conference at its Mountain View, California, headquarters next week, where it’s rumored to also introduce a Pixel 7a budget phone, its latest Android operating system and advancements to its AI-powered Bard chatbot.Although the company didn’t reveal specs for the Pixel Fold, it’s become increasingly common for companies to show off products leading up to their own events in an effort to drum up excitement and set expectations at a time when it’s difficult to surprise onlookers with something unexpected.Despite great interest in foldable phones — and a resurgence in 90s-style flip phones among celebrities and TikTok influencers — the foldable market is ...

Yes, the monarchy is absurd. So why can’t I quit King Charles?

Published Wed, 12 Feb 2025 05:59:22 GMT

For several years, my tactic for navigating debates about the tedious younger members of Britain’s royal family (Did you see the Harry interview? Isn’t William awful?) has been to align myself with their dad.I’m not interested in being pro-this kid or anti-that kid. I’m pro-Charles.That stance usually draws a puzzled reaction, and reasonably so. Who in the United States feels enthusiasm for the new king? Americans who care about him usually dislike him. Far more people are focused on the War of the Sussexes.The funny thing is, I mostly mean it.The monarchy is a silly institution, no matter how hard Netflix tries to convince Americans that it performs a vital social function. But if Britain is determined to invest this web of dysfunctional personalities with quasi-spiritual meaning, then surely it’s better to have a monarch who also cares about some issues that matter.In Charles there is a king who cares deeply about climate change, the most important political issue of our time. Wou...

Pattern Change In Sight!

Published Wed, 12 Feb 2025 05:59:22 GMT

Sight for sore eyes? Or a sore sight to see? Depends on what timeframe I suppose. This morning, we start off murky once again as the damp, drizzly, dreary and cool weather continues. That won’t change much through the morning commute. 17 of the last 20 days in Boston have been in the 50s with the other 3 days between 60-64. Today, we’ll make it 18 for 21 with highs stuck into the 50s. Blah! Now, with that said, there’s some optimism out there this afternoon. Clouds will breaks of some sunshine mid to late afternoon and temps won’t be as chilly as yesterday. Highs max out in the lower 50s at the coast, but run up into the mid 50s to 60 across the interior. We’ll dry out for those little league games tonight and with skies breaking for some sun, a drier pattern commences. Saturday and Sunday look fantastic as high pressure builds in and a pleasant northwesterly breeze kicks in. Temps jump to near 70 for back to back days as sunny to partly cloudy skies w...

April jobs report may point to US labor market’s resilience

Published Wed, 12 Feb 2025 05:59:22 GMT

WASHINGTON (AP) — Month after month, the nation’s job market has stood its ground against howling headwinds — rising interest rates, chronic inflation, major bank failures and economic uncertainties across the world.Hiring has gradually slowed, along with pay growth and job openings. Yet by historical standards, the labor market has remained surprisingly strong, with an unemployment rate still hovering near half-century lows.When the Labor Department issues the April jobs report Friday morning, it’s expected to show that the trend has continued: Forecasters surveyed by the data firm FactSet predict that employers added 182,000 jobs last month. Though that would be well off the whopping 472,000 jobs that were added in January, the 326,000 in February and the 236,000 in March, it would still be a respectable gain that would show that many employers still need to fill jobs.The unemployment rate is thought to have edged up to 3.6%, only slightly above a 54-year low of 3.4% s...

Police search for woman who allegedly stabbed a man during apparent road rage incident in Newton

Published Wed, 12 Feb 2025 05:59:22 GMT

A search is underway for a woman who allegedly stabbed a man in an apparent case of road rage in Newton, state police said. The incident happened around 9:15 p.m. in the parking lot of the Daly Rink on Nonantum Road, where police said a man told them the woman got out of her black BMW and stabbed him. Police said the man was taken to an area hospital with a superficial wound.No additional information has been released.

Massachusetts Senate on budget hot seat

Published Wed, 12 Feb 2025 05:59:22 GMT

Senate budget writers who have the next shot at crafting the 2024 state budget say their outlook remains on track despite a massive shortfall in revenues reported in April, which is typically the most significant revenue month of the year.A one-month reversal of Massachusetts’ strong tax figures hit hard on Beacon Hill Wednesday when state officials reported collections for April came in nearly $1.5 billion below original projections for the month and $2.2 billion under collections from the same time last year.But the Senate’s chief budget writer said his chamber has been planning for a decline in revenues given recent forecasts and economic volatility.The Senate has “deliberately been cautious in our spending and revenue projections,” said Michael Rodrigues, a Westport Democrat who heads up the Senate Ways and Means Committee.“While we must be fiscally prudent moving forward, our actions thus far have put us in a strong position as we face this uncertainty,” he said in a statement....