Saturday, Feb 27, 2021 - 19:27:19
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Street’s fourth:

    SAN JOSE — A busy developer is raising money through an opportunity zone fund to build a new office tower and housing highrise at a choice site in downtown San Jose — and is assembling four properties to build the towers next to each other. Urban Catalyst, an increasingly busy development firm, is planning a project called Icon/Echo, a downtown San Jose development that will feature an office tower and a residential tower next door. “We see what is happening in downtown San Jose and we are happy to be a part of that revitalization,” said Erik Hayden, founder of Urban Catalyst, which was formed to create funds that can capitalize on tax advantages provided by opportunity zones. The office tower would sprout at the corner of East Santa Clara Street and North Fourth Street, while the housing development will rise at the corner of East St. John Street and...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Twitter Inc., up $7.90 to $67.77. The social media company reported higher daily users, helping its fourth-quarter financial results beat Wall Street forecasts. Match Group Inc., up $12.20 to $171.07. The online dating app company is buying Hyperconnect for about $7.3 billion. Lyft Inc., up $2.57 to $56.21. The ride-hailing company lost less money in the fourth-quarter than analysts expected. Under Armour Inc., up $1.73 to $22.45. The sports apparel company reported a surprise fourth-quarter profit and revenue above Wall Street forecasts. Alteryx Inc., down $22.30 to $116.36. The software company gave investors a disappointing earnings and revenue forecast. Pacific Biosciences of California Inc., up $6.36 to $45.90. Softbank is investing $900 million in the genetics technology company. NIC Inc., up $4.67 to $34.48. The developer of government online services, websites and apps is being bought...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Simon Property Group Inc., up $3.61 to $102.55. The shopping mall owner gave investors an encouraging profit forecast for 2021. Jack Henry & Associates Inc., down $8.70 to $149.51. The payment processing company’s fiscal second-quarter revenue fell short of Wall Street forecasts. Wesco International Inc., down $12.71 to $76.62. The maker of electrical and industrial maintenance supplies reported disappointing fourth-quarter earnings. Beacon Roofing Supply Inc., up $2.27 to $45.96. The roofing materials distributor beat Wall Street’s fiscal first-quarter profit forecasts as residential demand increased. Hanesbrands Inc., up $3.98 to $19.96. The underwear, t-shirt and sock maker reported surprisingly good fourth-quarter financial results. Sealed Air Corp., down 5 cents to $45.45. The packaging company beat Wall Street’s fourth-quarter profit and revenue forecasts. Carrier Global Corp., down $2.45 to $37.25. The heating, ventilation and air conditioning company’s profit...
    Related news Wall street closes its fourth consecutive session on the upside. Purchases are back in the New York Stock Exchange thanks to a decline in unemployment so large that it goes against all odds and the friendly tone that continues to show the balance of the annual results season, which this Thursday faces its busiest day. The most pessimistic forecasts indicated that this week The US would have to have 830,000 new requests for unemployment benefits. However, the data finally registered has been only 779,000 requests, which is its lowest record since November and a noticeable improvement compared to 812,000 applicants a week ago. A piece of data that also supports the message that the ADP job creation statistic was already launching yesterday. With this momentum, the New York indices once again opted for the rises and with more resolution than on the previous day. 1.08% adds the...
    Tedy Bruschi says Matthew Stafford not tough enough to play for Patriots 11 Traditional Lunar New Year Foods to Eat in 2021 Ford is set to report results after the bell. Heres what Wall Street expects DETROIT – Ford Motor is expected Thursday to report a loss for the fourth quarter due to the coronavirus pandemic and increased costs to roll out new vehicles. © Provided by CNBC A passing car carrier is reflected in the grille of a 2017 Ford Motor Co. F-150 pickup truck on display at the Sutton Ford Lincoln car dealership in Matteson, Illinois. Here's what Wall Street is expecting, based on average analysts' estimates compiled by Refinitive. Adjusted EPS: a loss of 7 cents a share Automotive revenue: $33.89 billion Ford CFO John Lawler in October projected that the automaker's adjusted pretax earnings for the fourth quarter would fall somewhere between a...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Alphabet Inc., up $139.76 to $2,058.88. The parent company of search engine Google handily beat Wall Street’s fourth-quarter profit and revenue forecasts. Chipotle Mexican Grill Inc., down $23.06 to $1,499.99. The Mexican food chain’s fourth-quarter profit fell short of analysts’ forecasts. Amazon.com Inc., down $67.47 to $3,312.53. Jeff Bezos will step down as CEO of the the online retail giant, to be replaced by long-time executive Andy Jassy. Electronic Arts Inc., down $8.15 to $140.82. The maker of “Medal of Honor” and other video games gave investors a disappointing profit forecast. GW Pharmaceuticals Plc., up $65.12 to $211.37. Jazz Pharmaceuticals is buying the cannabis-based drug developer for about $7.2 billion in cash and stock. Evercore Inc., up $4.63 to $119.15. The investment bank reported surprisingly strong fourth-quarter financial results. W.W. Grainger Inc., down $7 to $366.11....
    By Deena Beasley (Reuters) - Amgen Inc on Tuesday reported a higher-than-expected quarterly profit as sales of newer drugs offset lower revenue from older off-patent medications, but the biotech company forecast 2021 earnings below Wall Street estimates. For the full year, Amgen said it expects adjusted earnings of $16.00 to $17.00 per share on revenue of $25.8 billion to $26.6 billion. Analysts were looking for $17.03 per share on revenue of $26.45 billion, according to IBES data from Refinitiv. Due to the COVID-19 pandemic, Amgen said physician-patient interactions remained below normal levels in the fourth quarter and it expects that to continue through 2021. In a statement, the company said recovery in the latter part of the year is contingent on the speed and effectiveness of the global vaccination rollout. For the fourth quarter, Amgen reported adjusted earnings per share of $3.81, beating the average analyst estimate of $3.40 per...
    NEW YORK (AP) — Pfizer swing to a small profit in the fourth-quarter as rising medicine sales helped offset big increases in spending on research and production, but it still missed Wall Street expectations. The New York drugmaker, the first company to get U.S. emergency use authorization for a COVID-19 vaccine, reported fourth-quarter net income of $594 million, or 10 cents per share. A year earlier, Pfizer posted a loss of $337 million, or 6 cents per share, mainly due to a big writedown on the value of eczema drug Eucrisa. Excluding one-time items, adjusted earnings came to 42 cents per share, or 4 cents shy of Wall Street projections, according to a survey by Zacks Investment Research. The maker of the world’s top-selling vaccine, Prevnar 13 for preventing pneumonia and related bacterial diseases, reported revenue of $11.68 billion, up 12% from 2019's fourth quarter. That beat Wall Street forecasts...
    NEW YORK (AP) — Pfizer swing to a small profit in the fourth-quarter as rising medicine sales helped offset big increases in spending on research and production, but it still missed Wall Street expectations. The New York drugmaker, the first company to get U.S. emergency use authorization for a COVID-19 vaccine, reported fourth-quarter net income of $594 million, or 10 cents per share. A year earlier, Pfizer posted a loss of $337 million, or 6 cents per share, mainly due to a big writedown on the value of eczema drug Eucrisa. Excluding one-time items, adjusted earnings came to 42 cents per share, or 4 cents shy of Wall Street projections, according to a survey by Zacks Investment Research. The maker of the world’s top-selling vaccine, Prevnar 13 for preventing pneumonia and related bacterial diseases, reported revenue of $11.68 billion, up 12% from 2019’s fourth quarter. That beat Wall Street...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Tesla Inc., down $28.73 to $835.43. The electric car maker’s fourth-quarter profit fell short of Wall Street forecasts. Comcast Corp., up $3.18 to $51.60. The owner of NBC’s fourth-quarter profit and revenue beat analysts forecasts. Stanley Black & Decker Inc., up $6.67 to $180.02. The tool company reported a surge in fourth-quarter profits as the stay-at-home trend bolstered tool sales. American Airlines Group Inc., up $1.54 to $18.10. The airline’s fourth-quarter loss wasn’t as severe as Wall Street anticipated. ServiceNow Inc., up $37.74 to $554.24. The software company beat analysts’ fourth-quarter financial forecasts as billings and subscriptions grew. McCormick & Co., down $3.05 to $91.02. The spices and seasonings company reported weak fourth-quarter financial results and a disappointing profit forecast. Hologic Inc., up $3.27 to $75.78. The medical device maker gave investors an encouraging financial forecast...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Walgreens Boots Alliance Inc., up $1.99 to $51.18. The drugstore chain named Starbucks executive Roz Brewer as its new CEO to succeed Stefano Pessina. Microsoft Corp., up 57 cents to $232.90. The software giant beat Wall Street’s second-quarter profit forecasts on strong demand for workplace software and cloud computing services. Starbucks Corp., down $6.82 to $97.87. The coffee shop chain reported disappointing fiscal first-quarter sales results. Capital One Financial Corp., up $2.76 to $102.69. The credit card issuer and bank handily beat Wall Street’s fourth-quarter profit forecasts. Perspecta Inc., up $2.55 to $28.80. Veritas Capital is buying the government services company for about $7.1 billion. Silgan Holdings Inc., down 35 cents to $35.93. The packaging products supplier fared better than the broader market after beating analysts’ fourth-quarter profit forecasts. Boeing Co., down $8.03 to $194.03. The...
    Fact check: Josh Hawley Spineless Traitor book cover is satire Facebook, Reddit get low marks for handling of Holocaust denial content Holiday halo bodes well for advertising spend: Heres what 4 Wall Street analysts expect from Facebooks 4th-quarter earnings report © Jeff Chiu/AP Jeff Chiu/AP Facebook is set to release its fourth-quarter earnings report after the close on Wednesday, and expectations are mixed. The social media platform is expected to have benefited from a strong holiday season, but beef with Apple could cloud outlook. Here's what four Wall Street analysts expect to see from Facebook's fourth-quarter earnings report. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Facebook will release its fourth-quarter earnings after the market closes on Wednesday, and analyst expectations are mixed. Load Error Uncertainties remain on Apple's updated IDFA policy in iOS 14, which could spark a...
    One killed, around 20 injured after tornado hits Birmingham, Alabama, suburb Senators to be sworn in for Trump impeachment trial J&J beats fourth-quarter earnings expectations, will release Covid vaccine data soon Johnson & Johnson on Tuesday reported fourth-quarter earnings and revenue that beat Wall Street's expectations. The company also said it would release key details on its coronavirus vaccine "soon." © Provided by CNBC Johnson & Johnson Coronavirus vaccine illustration Here's how J&J did compared with what Wall Street expected, according to average estimates compiled by Refinitiv: Adjusted EPS: $1.86 per share versus $1.82 expected. Revenue: $22.48 billion versus $21.67 billion expected. "I'm incredibly proud of our Johnson & Johnson teams around the world for going above and beyond to meet stakeholder needs," J&J CEO Alex Gorsky said in a press release. "We continue to progress our COVID-19 vaccine candidate and look forward to sharing details...
    Johnson & Johnson Coronavirus vaccine illustrationDado Ruvic | Reuters Johnson & Johnson on Tuesday reported fourth-quarter earnings and revenue that beat Wall Street's expectations. Here's how J&J did compared with what Wall Street expected, according to average estimates compiled by Refinitiv: Adjusted EPS: $1.86 per share versus $1.82 expected. Revenue: $22.48 billion versus $21.67 billion expected. "I'm incredibly proud of our Johnson & Johnson teams around the world for going above and beyond to meet stakeholder needs," J&J CEO Alex Gorsky said in a press release. "We continue to progress our COVID-19 vaccine candidate and look forward to sharing details from our Phase 3 study soon." This is a developing story. Please check back for updates.Related Tags Business Health care industry Politics U.S. Economy Biotech and Pharmaceuticals
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: ACI Worldwide Inc., up $1.87 to $40.50 The payment systems company is considering options including a sale, according to media reports. Baker Hughes Co., down 34 cents to $22.55 The oilfield services company’s fourth-quarter profit fell short of Wall Street forecasts. Apple Inc., up $4.84 to $136.87 The iPhone maker is developing a virtual reality headset device, according to media reports. United Airlines Holdings Inc., down $2.59 to $42.59 The airline reported a sharper fourth-quarter loss than Wall Street expected and warned of weak revenue in the first quarter. Beazer Homes USA Inc., up 94 cents to $19.30 Homebuilders made gains after a report showed U.S. home construction jumped 5.8% in December to a 14-year high. Healthpeak Properties Inc., down 23 cents to $29.93 The company is buying back up to $1.45 billion in senior notes....
    Premier League to start trial of concussion subs 25 Vegetarian Passover Recipes Youll Look Forward to All Seder Long Dow Up 200 Points as Wall Street Looks to Biden for More Stimulus Stocks traded higher Wednesday as investors anticipate that an administration under Joe Biden, who will be sworn in Wednesday as the 46th president of the United States, will increase spending to boost economic growth. © TheStreet Dow Up 200 Points as Wall Street Looks to Biden for More Stimulus Biden will be sworn in at 12 p.m. ET in Washington. Load Error The Dow Jones Industrial Average was up 201 points, or 0.65%, to 31,132, the S&P 500 gained 1.08% and the Nasdaq jumped 1.719%, getting a lift from strong earnings at Netflix . The S&P 500 has risen for eight of the past nine presidents during their first 100 days in office....
    Inauguration security: 25,000 National Guard members in a fortified D.C. Hate speech, violent threats, conspiracy theories: Is tech doing enough after Capitol attack? Depends on who you ask Stocks Rise as Wall Street Looks to Biden for More Stimulus, Netflix Soars Stocks traded higher Wednesday as investors anticipate that an administration under Joe Biden, who will be sworn in Wednesday as the 46th president of the United States, will increase spending to boost economic growth. © TheStreet Stocks Rise as Wall Street Looks to Biden for More Stimulus, Netflix Soars Biden will be sworn in at 12 p.m. ET in Washington. Load Error The Dow Jones Industrial Average was up 85 points, or 0.28%, to 31,016, the S&P 500 gained 0.68% and the Nasdaq jumped 1.29%, getting a lift from strong earnings at Netflix . The S&P 500 has risen for eight of the past...
    James Gorman, chairman and chief executive officer of Morgan Stanley, appears on CNBC's Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020.Adam Galici | Getty Images Morgan Stanley is set to report fourth-quarter earnings before the opening bell on Wednesday. Here's what Wall Street expects:Earnings: $1.27 a share, 2.4% lower than a year earlier, according to Refinitiv. Revenue: $11.5 billion, 6.3% higher than a year earlier. Wealth management: $5.2 billion, according to FactSet. Trading: Equities $2.14 billion; fixed income $1.42 billion. How did Morgan Stanley navigate the markets late last year? That is the question after trading results at rivals Goldman Sachs and JPMorgan Chase helped drive earnings beats, while markets desks at Bank of America and Citigroup underwhelmed. Morgan Stanley, led by CEO James Gorman, also has the biggest wealth management business among the six largest U.S. banks, operations that typically benefit from...
    David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020.Adam Galacia | CNBC Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell on Tuesday. Here's what Wall Street expects: Earnings: $7.47 per share, 59% higher than a year earlier, according to Refinitiv.Revenue: $9.9 billion, almost unchanged from a year earlier.Trading Revenue: Fixed Income: $2.06 billion; equities: $1.89 billion.Investment Banking Revenue: $2.15 billion. Expectations are running high for Goldman Sachs CEO David Solomon. Last week, JPMorgan Chase posted record fourth-quarter trading and advisory results that helped the bank beat profit estimates. Of the six biggest U.S. banks, Goldman gets the biggest share of its revenue from Wall Street activities including trading and investment banking. For the past few years that has been a detriment to the firm as retail banking has driven the industry's record profits. Now, for the final quarter...
    Washington Post: Meghan seeks court ruling over serious breach of privacy Bank of America is set to report fourth-quarter earnings — here’s what the Street expects Here's what Wall Street expects: Earnings: 55 cents a share, 26% lower than the year-earlier period, according to Refinitiv. Revenue: $20.7 billion, 8.1% lower than a year earlier. © Provided by CNBC Brian Moynihan, Bank of America, speaking at the WEF at Davos, January 21, 2020 Bank of America is scheduled to report fourth-quarter earnings before the opening bell on Tuesday. Load Error Here's what Wall Street expects: Earnings: 55 cents a share, 26% lower than the year-earlier period, according to Refinitiv. Revenue: $20.7 billion, 8.1% lower than a year earlier. Net Interest Margin: 1.74% Trading Revenue: Fixed Income $2.11 billion, Equities $1.22 billion Will Bank of America join rivals by posting results that benefit from...
    Opening with falls on Wall Street. The Dow Jones falls 0.60%, to 30,807.74 points and the S&P 500, 0.29%, to 3,786.39 points; while the Nasdaq rises 0.19%, to 13,138.12 points. Joe Biden presented yesterday in the United States, after the closure of Wall Street, the new stimulus package that has 1.93 trillion dollars with personal checks of 1,400, added to the extension of unemployment benefits of up to 400 dollars per week and until September 2021, in addition to the moratorium on evictions and foreclosures. In addition, the Democrat has announced that he will allocate $ 350 billion in aid to state and local governments, $ 70 billion for Covid tests and vaccination programs, as well as increasing the federal minimum wage to $ 15 per hour. Thus, Wall Street extends the decreases that it already registered in yesterday’s session at Friday’s opening, with the focus on the...
    Dog-meat tweeting judge in Sun doping case had doubtful impartiality: Swiss court Most iconic Dodge cars and trucks ever built Citigroup is set to report fourth-quarter earnings – heres what the Street expects Here's what Wall Street expects: Earnings: $1.34 a share, 38% lower than a year earlier, according to Refinitiv Revenue: $16.7 billion, 9.1% lower than a year earlier Trading Revenue: Fixed income: $2.61 billion, Equities: $697 million, according to FactSet © Provided by CNBC Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Citigroup is scheduled to report fourth-quarter earnings before the opening bell Friday. Here's what Wall Street expects: Earnings: $1.34 a share, 38% lower than a year earlier, according to Refinitiv Revenue: $16.7 billion, 9.1% lower than a year earlier...
    Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019.Kyle Grillot | Bloomberg via Getty Images Citigroup is scheduled to report fourth-quarter earnings before the opening bell Friday. Here's what Wall Street expects: Earnings: $1.34 a share, 38% lower than a year earlier, according to Refinitiv Revenue: $16.7 billion, 9.1% lower than a year earlier Net Interest Margin: 2.01%, according to FactSet Trading Revenue: Fixed income: $2.61 billion, Equities: $697 million, according to FactSet Citigroup made history when it announced Jane Fraser was taking over as CEO, making it the first big Wall Street bank to be run by a woman. Now, weeks before she's set to take over for Mike Corbat, Fraser is expected to address investors and analysts for the first time on Friday. Shareholders are...
    Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC's Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020.Adam Galica | CNBC JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Friday. Here's what Wall Street expects: Earnings: $2.62 per share, 2.1% higher than a year earlier, according to Refinitiv. Revenue: $28.7 billion, 1.7% lower than a year earlier. Net Interest Margin: 1.84%, according to FactSet Trading Revenue: Fixed income $4.12 billion, Equities $1.84 billion JPMorgan Chase, the first major lender to report fourth-quarter earnings, will be closely watched for clues as to how the industry is weathering the coronavirus pandemic. One key question is whether banks, which set aside tens of billions for loan losses last year, are largely done preparing for defaulting loans and might even begin releasing reserves. A bright spot in 2020 for Wall Street...
    CHICAGO (WLS) -- Illinois state police are searching for a fourth suspect after a car chase and crash on the Dan Ryan Expressway on Chicago's South Side Monday night.State police said troopers were pursuing the armed robbery suspect out of Frankfort, who led them on a chase into Chicago. The suspect hit a trooper's vehicle on I-94 southbound around 75th Street, then later crashed at 95th Street, ISP said.No state troopers were injured in the crash.Four people in the suspect's car took off on foot, and only three were arrested. Police said they also recovered three guns.The fourth suspect remains at large and should be considered armed and dangerous, according to the Will County Sheriff's Office.
    After the discovery of a COVID-19 infection, an entire grade has been put on remote-learning for the next two weeks. On Wednesday, Nov. 18, in a letter to the community, Superintendent Mark Pellegrino said that the fourth-graders at Elm Street School in Gardner are switching to full-remote learning. Pelligrino said that recently discovered six cases in the Gardner School District spread among the schools - 1 at Gardner High School, 1 at Gardner Middle School, 1 at Waterford Street School, and 3 at Elm Street School. “Fortunately, after extensive interviews with students and staff, our nurses have determined that none of these cases have had close contact with other students or staff,” Pelligrino said. “However, the increase in cases at Elm Street School required that the district take additional steps.”
    SANTA ROSA (CBS SF) — One man was stabbed during a Sunday-morning melee in a Santa Rosa neighborhood. The unidentified victim was taken to Kaiser Medical Center with non-life-threatening injuries and is expected to be released. According to Santa Rosa police, the fight involved four people and began around 8:45 a.m. at the intersection of Beaver and Benton streets near Santa Rosa Junior College. Following a brief foot chase, responding officers detained one suspect, identified as 18-year-old Darrick Zarate, of Santa Rosa. According to police, the suspect along with two others confronted a fourth individual and, during an ensuing altercation, the suspect brandished a knife. The suspect, apparently by accident, stabbed one of his comrades several times while attempting to stab the fourth person who escaped unharmed. Anyone with information regarding this incident is encouraged to contact the Santa Rosa volent crimes unit at (707)543-3590.
    Vatican report on disgraced ex U.S. cardinal McCarrick expected this month: sources British grocer Sainsburys is cutting 3,500 jobs and closing more than 80% of Argos stores General Motors is set to report earnings before the bell. Heres what Wall Street expects General Motors is set to report its third quarter earnings before the bell on Thursday. If GM's third quarter was anything like its crosstown rivals, the automaker should outperform expectations. Both Ford Motor and Fiat Chrysler beat Wall Street's expectations on better-than-expected demand for trucks and SUVs in North America © Provided by CNBC General Motors CEO Mary Barra speaks to the news media June 12, 2018 in Detroit, Michigan. General Motors is set to report its third-quarter earnings before the bell on Thursday. Here's what Wall Street is expecting, based on average analysts' estimates compiled by Refinitive. Adjusted EPS: $1.38 Revenue: $35.51 billion...
    General Motors CEO Mary Barra speaks to the news media June 12, 2018 in Detroit, Michigan.Bill Pugliano | Getty Images General Motors is set to report its third-quarter earnings before the bell on Thursday. Here's what Wall Street is expecting, based on average analysts' estimates compiled by Refinitive. Adjusted EPS: $1.38 Revenue: $35.51 billion Former CFO Dhivya Suryadevara told investors in July that the automaker expected the third quarter to be "slightly stronger" than the fourth quarter. She unexpectedly left GM for digital payments company Stripe in August. Suryadevara said if the monthly sales pace during the second half of the year was 14 million, investors should expect a pretax profit of $4 billion to $5 billion through the fourth quarter. In that scenario, GM expected to generate free cash flow of $7 billion to $9 billion. Suryadevara declined to release official guidance at the time, citing...
    Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018.Anushree Fadnavis | Reuters Shares of Twitter, Facebook, Apple and Amazon remained down in premarket trading Friday after the companies released quarterly reports that failed to wow Wall Street. Here's what's going on.TwitterTwitter stock plunged more than 16% after the company beat analysts' expectations on profit and revenue, but failed to meet on user growth. Twitter grew its total monetizable daily active users by just 1 million people from last quarter to 187 million users, falling shy of analysts' expectations of 195 million mDAUs for the third quarter.FacebookFacebook, down more than 1% in the premarket, also spooked investors after the company reported a decrease in users in the U.S. and Canada. The company said that its American and Canadian user base fell to 196 million daily active...
    Trump administration sued by civil rights groups over executive order restricting diversity training Economy grew at record 33.1% pace in Q3 as more businesses reopened after COVID shutdowns. But growth could slow. Valuation leaves little room for error: Heres what 4 Wall Street banks expect from Apples fiscal 4th-quarter earnings report © (Photo by Lisa Maree Williams/Getty Images) (Photo by Lisa Maree Williams/Getty Images) Apple is set to report fiscal fourth-quarter results on Thursday, cluing investors in on how the company performed just before its latest iPhone event. In the quarter that ended in September, Apple introduced services and updated its watch and iPad lineups. The reveal of its first 5G-capable iPhone lineup arrived later than usual, and while iPhone 12 sales won't show up in Thursday's report, investors and analysts will closely monitor commentary on iPhone demand. Here's what four major banks expect from Apple's fiscal fourth-quarter...
    Wall Street's main indexes opened lower on Wednesday as coronavirus cases rose at an alarming rate in the United States and Europe, dashing hopes of a speedy global economic recovery. Although October 28 is statistically the best trading day of the year, the main indexes dropped as new cases and hospitalizations set records in the Midwest, and Europe eyed new lockdowns.  The Dow Jones Industrial Average fell 361.05 points, or 1.31 percent, at the open to 27,102.14, and quickly dropped by as much as 500 points in early trading. The S&P 500 opened lower by 61.54 points, or 1.81 percent, at 3,329.14, while the Nasdaq Composite dropped 200.45 points, or 1.75 percent, to 11,230.90 at the opening bell.  The New York Stock Exchange is seen on Monday. Wall Street's main indexes opened lower on Wednesday as coronavirus cases rose at an alarming rate DJI Chart by TradingView TradingView Privacy...
    My Khe Bac Nguyen and Alexis Valeriano Hernandez live at The Residence of Capitol Heights, near the site of a homeless encampment at East 14th Avenue and Logan Street, where a city-ordered sweep is starting this morning. The two Capitol Hill residents, along with others, have organized a grassroots protest of the sweep scheduled to start there at 7 a.m. today. They were at the site yesterday, too, at a press conference announcing that the activist group Denver Homeless Out Loud and ten individuals have filed a class-action suit in the U.S. District Court of Colorado against the City of Denver and more than fifty other defendants — including Mayor Michael Hancock and Governor Jared Polis — charging that Denver's sweeps of homeless encampments violate provisions of the Fourth and Fourteenth amendments and also aspects of the Colorado Constitution. We Believe Local Journalism is Critical to the Life of...
    Two years in the making and built from the bones of a shuttered Cheesecake Factory, Avanti F & B Boulder is ready to make its debut this Saturday, October 3 at 1401 Pearl Street. This is Avanti's second incubator-style food hall, after the original at 3200 Pecos Street in Denver. Avanti's unique incubator model allows chefs to test out new concepts with short-term leases, offering a rotating roster of international foods to guests. The Boulder lineup is almost entirely new to Avanti, with the exception of Quiero Arepas, the Venezuelan street food eatery that has anchored the LoHi food hall since it opened in 2015. But among the others, familiar names populate the six ground-floor counters and the indoor-outdoor rooftop deck on the fourth floor. EXPAND Avanti Boulder's front entrance, with the glass elevator to the foruth-floor bar and pizzeria. Mark Antonation Related Stories Five Great Lobster Rolls From...
    (CNN)Police in Louisville arrested 28 people Saturday night as protesters demanding justice for Breonna Taylor again took to the streets.Saturday marked the fourth night of demonstrations in Louisville since the attorney general announced that no officers are being charged directly in the killing of Breonna Taylor. Louisville Mayor Greg Fischer said the protests have been largely peaceful. On Saturday, a small group of protesters caused destruction when they set plywood shields on fire in the street in front of the First Unitarian Church, where a larger group of protesters gathered when the citywide curfew went into effect at 9 p.m., said the Louisville Metro Police Department (LMPD) in a series of tweets. The violence began just before midnight when windows at Presentation Academy and Spalding University were smashed and several buildings were sprayed with graffiti. Small explosions were sparked when a car in the Spalding parking lot was set on...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City Police are on the hunt for a man who allegedly escaped from federal custody on his way to Metropolitan Detention Center in Sunset Park on Wednesday afternoon.  A spokesman for the NYPD would not disclose the suspect’s identity but told Brooklyn Paper that the inmate is on the run with no shoes. Reports from the crime app Citizen describe the detainee as a 120-pound Latino man standing at 5-feet, 7-inches tall with a ponytail, black pants and a gray hoodie. Videos from the Citizen app also show police officers searching roofs and backyards for the escapee. Cops believe the suspect may be hiding out on 26th Street between Third and Fourth Avenue. (Photo by Jessica Parks) Police are scouring Fourth Avenue from 25th Street to 27th Street in search of the suspect...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City A Queens man became the fourth motorcyclist in New York City killed in a crash this Labor Day weekend when his ride collided with an SUV early on Monday morning. Police said the fatal collision happened at 12:11 a.m. on Sept. 7 at the corner of 73rd Avenue and 224th Street in Oakland Gardens. According to law enforcement sources, Carlos J. Guzman, 37, of 87th Road in Woodhaven was riding his 2005 Harley Davidson westbound along 73rd Avenue when he struck the back of a 2019 Toyota Forerunner. Police said the SUV, driven by a 50-year-old woman, was turning from southbound 224th Street onto eastbound 73rd Avenue when the collision occurred. The driver stopped her vehicle and remained at the scene. Officers from the 111th Precinct and EMS units responded to...
    FLORESVILLE, Texas – A hotel suite in Floresville became a makeshift studio for a series of interviews for a new documentary about the state’s worst mass shooting. On November 5, 2017, 26 people were killed during a Sunday morning worship service at First Baptist Church in Sutherland Springs. “The film is extremely survivor-driven without one mention of the killer,” said filmmaker Charlie Minn. ‘The 13th Man’ revisits 1999 Texas A&M bonfire collapse Minn said he titled the documentary "Miracle on Fourth Street," to pay tribute to where the church is located. He said expects the film to be released early next year. Minn said he wanted to tell the heroic stories of those who miraculously survived the attack. "We're going to try to focus in on that, along with their healing and recovery," he said. A new chapter for First Baptist Church of Sutherland Springs The film also will feature...
    The Jersey City Zoning Board voted unanimously in favor of a four-story development on Fourth Street. The proposal for 377 Fourth St., was submitted by Alan Cancro, the owner of each of the four lots within it, JerseyDigs.com reports. The plan for the 9,000-square-foot building includes a lobby with an elevator on the ground floor, a dedicated area for bicycle parking as well as a landscaped space in the rear of the structure. It is unclear whether the housing units within the development -- 13 one-bedroom units and seven two-bedroom units -- will be rentals or condominiums, the JerseyDigs says. The development also incorporates an 1,800-square-foot rooftop deck, accessible by the elevator. No word on when construction is expected to begin on the development. Click here for more from JerseyDigs.com.
    US troops sparked anger in South Korea after they fired fireworks and brawled in the streets of Busan during last weekend's Fourth of July celebrations.  United States Forces Korea (USFK), the commanding office for troops stationed in the country, apologised today after videos circulated on social media of American forces setting off fireworks to celebrate Independence Day.     One clip showed a group of South Korean police officers trying to apprehend a man before the suspect let off a firework towards an open shop.  In another video obtained by local media, two Americans could be seen scrapping with each other in the middle of the street.   'It was totally like a foreign country, not Korea,' one Busan resident told South Korea's YTN News.  In Haeundae, Busan, which is a short distance from the Chinhae US Navy Base, the firework frenzy prompted locals to file more than 70 police reports.  ...
    Police are investigating an incident in which a passenger in an Audi fire at least one shot on Long Island. It happened on Saturday, July 4 at approximately 10:05 p.m. in Elmont. According to Nassau County Police detectives, Fifth Precinct officers responded to a call for shots fired on Fourth Street.  Upon arrival, it was determined that the passenger in the black Audi SUV reached out of the window and fired at least one round straight up into the air.  The vehicle was traveling northbound on Fourth Street and turned eastbound onto Belmont Avenue. There were no injuries or property damage reported. There is no description of the occupants of the vehicle involved in this incident. Detectives request anyone with information contact the Nassau County Crime Stoppers at 1-800-244-TIPS. All callers will remain anonymous.
    TWO people, dubbed 'Karen and Chad,' spent part of Independence Day on Saturday painting over a recently-created Black Lives Matter mural in Martinez, California. The mural, which the pair tried to remove, was painted on a street in front of a local courthouse after city officials gave activists the green-light for the project to go ahead. 3 The man and woman were painting over the Black Lives Matter mural in CaliforniaCredit: Instagram / @the_batlord Within hours of being created, the mural had been vandalized by a man and woman. In the footage, a woman wearing an with an American flag designed in the shape of a heart can be seen painting black over the mural, while a man in a “Four More Years” shirt stands by her, recording and yelling at upset people nearby. “Don’t have a run in with a law and don’t resist arrest, it won’t be a...
    With the vast majority of fireworks displays canceled this year, Fourth of July fare is a more important element of Independence Day celebrations than ever. Whether you're cooking in your back yard or stimulating the economy by dining out (who knew dropping a Benjamin on brews and brats at a bar would variously be considered an act of patriotism, a political statement or an expression of utter selfishness), there's a holiday happening to suit your style on Saturday, as well as other events throughout the weekend. And keep reading for other reasons to celebrate in the coming days. EXPAND The Reminders perform at Stanley Marketplace this weekend. Brandon Thrift Related Stories Chefs Weigh in on Soon-to-Close Johnson & Wales University A Careful Approach Gets Coperta and Beast + Bottle Closer to Fully Reopening Mile High Fungi Spawns a Growing Mushroom Business Friday, July 3 If your previous experiences...
    SAN RAFAEL (KPIX) — The Fourth of July weekend is almost here and health departments across the Bay Area are asking people to stay home. It’s a hard ask as people are itching to break free from quarantine and dine out. In San Rafael, Fourth Street was shut down for several blocks so restaurants could expand their dining rooms outdoors. Despite coronavirus concerns, a sizeable crowd showed up to dine al fresco Thursday evening. “It’s such a breath of fresh air,” said Gray and Martha Dougherty. “Sitting in living room chairs in the middle of the street — how can you beat that? It feels amazing.” Diners on Fourth Street could choose from dozens of restaurants. “We are trying it out. We haven’t eaten out in three months,” said San Rafael resident Peter Stack. The event is called “Dining Under the Lights” and it comes on the heels of a...
    Mount Rushmore hasnt had fireworks for more than a decade because its very dangerous. Heres why Where You Can Order Groceries Online With an EBT Card GUIDE: Whats going on in D.C. on July Fourth, including Metro hours and road closures Click to expand Replay Video UP NEXT Panamas newly expanded canal Panamas newly expanded canal dw.com Supreme Court to hear case on redacted Mueller report The U.S. Supreme Court on Thursday agreed to hear a bid by President Donald Trumps administration to avoid disclosing to the House Judiciary Committee grand jury materials related to former Special Counsel Robert Muellers report documenting Russian interference in the 2016 presidential election, but justices likely wont rule on the case until after the Nov. 3 election. Colette Luke has more. Reuters - US Video Online Family of West Hartford hit and run victim speak out on...
    Florida Cases Rise Most Ever; Djokovic Is Negative: Virus Update Where You Can Order Groceries Online With an EBT Card Adams Morgan Has a New Rooftop Bar Option for Fourth of July Weekend The Imperial, the multi-level Adams Morgan bar from the owner of Jack Rose, opens its two-tier rooftop today for the first time since opening last fall. The bar will roll out a weekday happy hour (4 p.m. to 6:30 p.m., Wednesday through Friday) with discounted seafood towers and raw bar items, snack boards, wine and beer specials, and $12 cocktails. New dishes from chef Russell Jones include a platter of raw summer veggies; carbonara flanked with smoked corn, zucchini, garlic chips, and pecorino; ceviche; Maryland jumbo lump crab cakes; mussels; and Rohan duck breast. Cocktail director Andy Bixby is making seasonal cocktails with clarified watermelon and rhubarb. Tables can fit two to six, with limited...
    FILE – In this July 4, 2019 file photo, fireworks go off over the Lincoln Memorial in Washington, Thursday, July 4, 2019. The Trump administration is promising one of the largest fireworks displays in recent memory for D.C. on July 4. It also plans to give away as many as 300,000 face masks to those who come down to the National Mall, although they won’t be required to wear them. (AP Photo/Susan Walsh) Though D.C. residents and visitors alike have been urged to keep their Fourth of July celebrations at home due to the coronavirus pandemic, there will still be activity over the National Mall on Saturday. A flyover and fireworks display over the National Mall is part of the “Salute to America” celebration organized by the White House to celebrate the Fourth of July. For more information, visit the National Park Service’s website. You can also receive day-of-event notifications...
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