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Gatx: Q2 Earnings Snapshot

Published Tue, 25 Feb 2025 17:31:50 GMT

CHICAGO (AP) — CHICAGO (AP) — Gatx Corp. (GATX) on Tuesday reported profit of $63.3 million in its second quarter.The Chicago-based company said it had net income of $1.74 per share. Earnings, adjusted for non-recurring gains, were $1.73 per share.The equipment finance company posted revenue of $343.2 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 GATX at https://www.zacks.com/ap/GATXSource

Metro rolls out new, higher fare gates in attempt to curb gate jumpers

Published Tue, 25 Feb 2025 17:31:50 GMT

Metro will begin to rollout new fare gates designed to stop fare evaders who jump over and pull up gate bars.The new L-shaped polycarbonate gates are higher and stronger than the orange crescents you’re used to seeing.The new 55-inch tall doors were installed overnight at the Fort Totten Metro station on the Red Line in Northeast D.C., greeting riders on their commute Tuesday. The fare gates will also be installed at the Pentagon City station.The main goal for the new installations is to deter gate jumpers and other fare evaders.“Over the past several months, our team has been testing different prototypes to get to this final design. We have already seen a reduction in fare evasion and expect the higher gates will be more of a deterrent,” Metro CEO and General Manager Randy Clarke said in a news release.“The bottom line is fare evasion is not okay, and we will continue our efforts to ensure everyone is respecting the community’s system and each other.&#...

NexPoint Residential Trust Inc.: Q2 Earnings Snapshot

Published Tue, 25 Feb 2025 17:31:50 GMT

DALLAS (AP) — DALLAS (AP) — NexPoint Residential Trust Inc. (NXRT) on Tuesday reported a key measure of profitability in its second quarter.The Dallas-based real estate investment trust said it had funds from operations of $23.2 million, or 88 cents per share, in the period.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had a loss of $4 million, or 15 cents per share.The real estate investment trust, based in Dallas, posted revenue of $69.6 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $71.1 million.NexPoint Residential Trust Inc. expects full-year funds from operations to be $3.40 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 NXRT at https://www.zacks.com/ap/NXRTSource

Greece: Firefighting plane crashes in southern Greece, incident caught on state TV broadcast

Published Tue, 25 Feb 2025 17:31:50 GMT

ATHENS, Greece (AP) — Greece: Firefighting plane crashes in southern Greece, incident caught on state TV broadcast.Source

Nottingham Forest signs Sweden forward Anthony Elanga from Manchester United

Published Tue, 25 Feb 2025 17:31:50 GMT

LONDON (AP) — Nottingham Forest signed Sweden forward Anthony Elanga from Manchester United on Tuesday in a deal worth a reported 15 million pounds ($19 million).The 21-year-old Elanga, who made 55 appearances in all competitions for Man United, has agreed a five-year deal.“It’s the perfect next step for me in my career, it’s a big step and I’m really looking forward to playing in front of the Forest fans at The City Ground,” Elanga told Forest’s official website.Elanga made 39 Premier League appearances for United, including 21 starts, scoring three goals.He has scored three times in 12 senior appearances for Sweden since making his debut in March 2022.___AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_SportsSource

Camden National: Q2 Earnings Snapshot

Published Tue, 25 Feb 2025 17:31:50 GMT

CAMDEN, Maine (AP) — CAMDEN, Maine (AP) — Camden National Corp. (CAC) on Tuesday reported second-quarter net income of $12.4 million.The bank, based in Camden, Maine, said it had earnings of 85 cents per share.The bank posted revenue of $66.2 million in the period. Its revenue net of interest expense was $42.8 million, which beat Street forecasts.Camden National shares have dropped 18% since the beginning of the year. The stock has fallen 24% 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 CAC at https://www.zacks.com/ap/CACSource

Paccar: Q2 Earnings Snapshot

Published Tue, 25 Feb 2025 17:31:50 GMT

BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Paccar Inc. (PCAR) on Tuesday reported second-quarter earnings of $1.22 billion.On a per-share basis, the Bellevue, Washington-based company said it had net income of $2.33.The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.14 per share.The truck maker posted revenue of $8.88 billion in the period. Its adjusted revenue was $8.44 billion, also topping Street forecasts. Four analysts surveyed by Zacks expected $8.28 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCAR at https://www.zacks.com/ap/PCARSource

13-year-old shot while inside car in Aurora

Published Tue, 25 Feb 2025 17:31:50 GMT

DENVER (KDVR) — Aurora Police are investigating a shooting that sent a 13-year-old boy to the hospital after he was shot while inside a car.At around 1 a.m. Tuesday, Aurora Police said the boy was shot while in the area of 13th Avenue and Potomac Street at the corner of Freedom Park.Two other people were also inside the car but were unharmed. 2 teens arrested for riot at Lookout Mountain Youth Detention Center The teen was taken to a local hospital and is being treated for non-life-threatening injuries. Police said they do not know what led up to the shooting and are working to develop suspect information.Anyone who has information or who may have seen something is asked to contact Metro Denver Crime Stoppers at 720-913-7867. Tipsters can remain anonymous and still be eligible for a cash reward.

RTD to vote on lowering fares for all destinations

Published Tue, 25 Feb 2025 17:31:50 GMT

DENVER (KDVR) — Tuesday, RTD will vote on a new proposal that could reduce fares starting in 2024. If passed, the plan would not only reduce the cost of bus and train rides, but it would also level fares across all destinations. RTD could lower fares, offer an $88 monthly pass “Public transportation is a means of garnering access and opportunity,” Debra Johnson, RTD’s general manager and CEO, said in a statement. “The operative word in what we do is ‘public,’ and RTD’s goal is to ensure all people within the region have access to transportation.”Currently, RTD divides fares into zones. The new proposal would do away with that system.If passed, this proposal would lower RTD fares for all locations except the airport. (Credit: RTD)If the proposal passes, a local three-hour pass to travel around Denver and to nearby cities would drop from $3 to $2.75, and the day pass would drop from $6 to $5.50.A three-hour and day pass to DIA would cost $10. City council votes to extend emergenc...

Ways to save during this week's heat wave

Published Tue, 25 Feb 2025 17:31:50 GMT

DENVER (KDVR) -- Severe weather and triple-digit heat can cause power outages in the metro area. Xcel Energy told FOX31 nearly 1,500 people lost power just days ago due to a lightning strike in Jefferson County. Another cause of an outage can be the overuse of power during a heat wave. “Oh it's a hot one, thank goodness for the clouds,” said homeowner Walter Hochner. Increased use of cooling systems can create a heavier load on the power grid. Xcel told FOX31 the plan to prepare for summer heat includes allowing customers to volunteer to reduce their power usage in exchange for a discount as part of the Saver’s Switch and AC Rewards programs. Hot temperatures bring health risks to Colorado “Customers have volunteered to decrease their load in order to be able to increase the capacity of our system,” said Xcel spokesperson Iffie Jennings.Xcel will continue to install special meters that alert the company of any power outages throughout the coming months. If you don't have one yet,...