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Invitation Home: Q2 Earnings Snapshot

Published Mon, 11 Nov 2024 11:19:42 GMT

DALLAS (AP) — DALLAS (AP) — Invitation Home Inc. (INVH) on Wednesday reported a key measure of profitability in its second quarter. The results did not meet Wall Street expectations.The Dallas-based real estate investment trust said it had funds from operations of $271.7 million, or 44 cents per share, in the period.The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 45 cents per share.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 net income of $137.7 million, or 22 cents per share.The real estate investment trust focused on single-family rentals, based in Dallas, posted revenue of $600.4 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $599.5 million.Invitation Home expects full-year funds from operations in the range of $1.75 to $1.81 per share._____Thi...

First Interstate BancSystem: Q2 Earnings Snapshot

Published Mon, 11 Nov 2024 11:19:42 GMT

BILLINGS, Mont. (AP) — BILLINGS, Mont. (AP) — First Interstate BancSystem Inc. (FIBK) on Wednesday reported second-quarter net income of $67 million.The Billings, Montana-based bank said it had earnings of 65 cents per share. Earnings, adjusted for severance costs, were 66 cents per share.The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 71 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 FIBK at https://www.zacks.com/ap/FIBKSource

American Water Works: Q2 Earnings Snapshot

Published Mon, 11 Nov 2024 11:19:42 GMT

CAMDEN, N.J. (AP) — CAMDEN, N.J. (AP) — American Water Works (AWK) on Wednesday reported second-quarter net income of $280 million.The Camden, New Jersey-based company said it had net income of $1.44 per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.27 per share.The water utility posted revenue of $1.1 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $975.4 million.American Water Works expects full-year earnings to be $4.72 to $4.82 per share.American Water Works shares have dropped 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $147.78, a drop of nearly 2% 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 AWK at https://www.zacks.com/ap/AWKSource

Denver weather: Afternoon storms and hot temperatures continue

Published Mon, 11 Nov 2024 11:19:42 GMT

DENVER (KDVR) — Denver's weather will stay in a pattern of morning sunshine, afternoon thunderstorms and high temperatures in the 90s. Weather tonight: Clearing, warmThunderstorms will continue to clear Wednesday evening. This will leave behind a partly cloudy sky and low temperatures falling to the mid-60s. Weather tomorrow: Another hot day, afternoon thunderstorms Thursday will continue this pattern of morning sunshine followed by the chance for afternoon thunderstorms. Temperatures will stay on the warm side and climb to the mid-90s. Looking ahead: More storm chancesThis pattern of morning sunshine followed by afternoon clouds and thunderstorms will continue into the weekend. High temperatures on both Saturday and Sunday will stay in the lower 90s. The chance for showers and thunderstorms will increase as the workweek goes on. Monday and Tuesday, highs will stay near normal for this time of year and top off near 90 degrees. The best chance for thunderstorms will be on Wednes...

Passenger shares ordeal after Allegiant flight nearly collides with private jet after takeoff from FLL

Published Mon, 11 Nov 2024 11:19:42 GMT

A flight that took off from Fort Lauderdale-Hollywood International Airport took a terrifying turn that left passengers and crew members shaken. Now one passenger is sharing her account of the scare in the air.Speaking with 7News on Wednesday, passenger Jerrica Thacker described the heart-stopping moments that unfolded inside the cabin of the Allegiant Air flight on Sunday.“I’m sitting there, like, grabbing the two handrails beside me, because I’m shaking already, terrified,” she said.Thacker, 21, said the aircraft had to make jarring move to avoid a possible midair collision. This trip marked her first time traveling by plane.“My first flight was my way to Fort Lauderdale, so this was my second flight, going back home,” she said.Thacker, who lives in Kentucky, had flown to South Florida with her family to take a cruise.After a great vacation, Thacker said, the family was heading home on the Allegiant flight, which took off just before 1 p.m. Twen...

Suspect detained in Miami Gardens in connection to bank robberies in Pembroke Pines

Published Mon, 11 Nov 2024 11:19:42 GMT

Law enforcement apprehended a suspect in Miami Gardens accused of robbing two banks in Pembroke Pines.Investigators said the robber targeted the Wells Fargo branch located at 702 N. University Drive, Wednesday morning.Shortly after, authorities said, the suspect robbed the Regions Bank at 8020 Pines Blvd., about half a mile away from the Wells Fargo.The pursuit unfolded as Pembroke Pines Police officers and FBI agents tracked the suspect’s vehicle, a silver Jeep SUV, heading southbound on Northwest 27th Avenue, crossing into Miami-Dade County.The dramatic pursuit came to a halt at the intersection of Northwest 175th Street and 27th Avenue, when officers deliberately collided with the suspect’s car. The impact resulted in damage to a traffic control device.“When all the cops started getting out of the car with the shields and they all are putting vest on, you saw FBI and stuff like that, I knew it was something serious,” said Scott Melo, a Witness. “One ...

Retired Bruins star Bergeron happy to be ‘Uber driver for the family’ for now

Published Mon, 11 Nov 2024 11:19:42 GMT

BOSTON (AP) — Maybe he will run a marathon. He probably won’t be coaching. For now, Patrice Bergeron is content to be the “Uber driver for the family,” and that’s a pretty good feeling.“It’s been an amazing ride, 20 years, but also hockey brings you a lot of pressure and stress,” he said on Wednesday at a TD Garden news conference a day after he announced his retirement. “So, it will be a nice change to just be able to be the Uber driver for the family for a little bit and just relax.”A soon-to-be Hall of Famer who centered the first line on the best team in hockey during his final season, Bergeron announced on Tuesday that he would not return next season.It wasn’t that his skills were slipping: He won his second straight Selke Trophy as the league’s top forward— and sixth overall — and led the Bruins to the most wins and most points in NHL history. But his desire to prepare for the games was.“It was taking a lot longer now. I couldn’t just put the equipment o...

Police make arrest in Andover after pursuit

Published Mon, 11 Nov 2024 11:19:42 GMT

A 33-year-old Lowell woman was arrested Wednesday after allegedly leading state police troopers on a pursuit that ended in Andover, police said. State police said troopers initially tried to stop a car driven by Elena Moreira. She did not stop, though, according to police, forcing troopers to start the pursuit. State police said Moreira was eventually stopped on the northbound side of I-93 in Andover and arrested. SKY7-HD over the scene Wednesday afternoon spotted several troopers standing near a tow truck. No further information was immediately available.

Russian fighter jet damages US military drone over Syria

Published Mon, 11 Nov 2024 11:19:42 GMT

(CNN) — A Russian fighter jet flew “dangerously close” to a US drone over Syria and damaged it with flares, according to the US Air Force, in the latest in a series of incidents between the two militaries in the Middle East.On Sunday, a Russian jet closed to within a few meters of a US MQ-9 Reaper drone that was taking part in an anti-ISIS mission over Syria. The Sukhoi Su-35 began dropping flares in front of the US drone, severely damaging its propellor, the Air Force said. The drone’s crew was able to control the aircraft and fly it back to its home base.“The Russian fighter’s blatant disregard for flight safety detracts from our mission to ensure the enduring defeat of ISIS,” said the commander of Air Force Central Command, Lt. Gen. Alex Grynkewich.Video of the encounter from the US drone shows a Russian fighter jet drawing closer as it approaches from behind. The video then shows the jet dropping flares near the drone.In a similar encounter over the Blac...

As ‘intense’ heat arrives, Massachusetts extends lifeguard hours; officials expect a rise in heat-related emergencies; tips on how to stay cool

Published Mon, 11 Nov 2024 11:19:42 GMT

With oppressive heat and humidity making it feel close to 100 degrees, Bay State officials are warning residents about the risk for heat stroke and heat exhaustion, while they extend hours at swimming pools, beaches, waterfronts and spray decks.The National Weather Service has issued a heat advisory for Massachusetts with heat-index values of 95 to 104 degrees on Thursday and Friday afternoon. A heat emergency has been declared for Boston.To help residents beat the heat, the state Department of Recreation and Conservation has extended lifeguard and operating hours at agency-managed pools, beaches, waterfronts, wading pools and spray decks by one hour.DCR pools will be closing at 7:45 p.m.; beaches and waterfronts will be guarded until 6:45 p.m.; wading pools will operate until 7 p.m.; and spray decks will run until 9 p.m.“As Massachusetts will experience some of its most intense heat in the coming days, it’s important for people to make a plan to stay safe — includ...