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Banc of California: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 08:00:00 GMT

SANTA ANA, Calif. (AP) — SANTA ANA, Calif. (AP) — Banc of California Inc. (BANC) on Tuesday reported third-quarter net income of $42.6 million.The Santa Ana, California-based bank said it had earnings of 74 cents per share. Earnings, adjusted for non-recurring gains, were 30 cents per share.The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.The banking service and lending company posted revenue of $167 million in the period. Its revenue net of interest expense was $120 million, topping Street forecasts. Three analysts surveyed by Zacks expected $79.6 million.Banc of California shares have decreased 29% since the beginning of the year. The stock has decreased 28% 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 BANC at https://www.zack...

Armstrong World Industries: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 08:00:00 GMT

LANCASTER, Pa. (AP) — LANCASTER, Pa. (AP) — Armstrong World Industries Inc. (AWI) on Tuesday reported third-quarter earnings of $69.5 million.The Lancaster, Pennsylvania-based company said it had net income of $1.56 per share. Earnings, adjusted for non-recurring costs, came to $1.60 per share.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.The ceiling and wall systems manufacturer posted revenue of $347.3 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $331.2 million.Armstrong World Industries expects full-year earnings in the range of $5.05 to $5.15 per share, with revenue in the range of $1.28 billion to $1.3 billion.Armstrong World Industries shares have increased roughly 1% since the beginning of the year. The stock has decreased 14% in the last 12 months._____This story was generated by Automated Insights (http://automat...

Are you a 'low-income' worker in Denver?

Published Sat, 22 Feb 2025 08:00:00 GMT

DENVER (KDVR) — Are you considered "low income" in Denver? Unless you make nearly $32 an hour or more, the answer is yes.That's according to the latest income figures from the U.S. Department of Housing and Urban Development. Each year, HUD calculates an area's median income to identify which lower-earning residents could qualify for subsidized housing. How much do houses cost in Colorado? See the list by county Anyone who earns less than 80% of the AMI is considered "low income" by HUD, with limits varied by household size. In Denver, the current area median income is $86,870 for a one-person household.A one-person household must earn less than $66,300 a year, or about $31.88 an hour, to be in the current low-income range for Denver. That's about $1 more an hour compared to last year when Denverites who made less than $62,600 were included in the low-income range.What's considered low income in Denver?HUD designates someone making 80% of the area median income as "low income." An...

Fatal gunfire erupts in Lauderdale Lakes strip mall

Published Sat, 22 Feb 2025 08:00:00 GMT

Law enforcement officers are investigating a deadly crime after gunfire erupted in a strip mall in Lauderdale Lakes. The incident occurred just after 7 p.m. Monday, along the 4300 block of North State Road 7 when Broward Sheriff’s Office (BSO) deputies responded to the scene. According to officials, deputies found a man who sustained a gunshot wound. Broward Sheriff’s Fire Rescue paramedics pronounced the man dead on the scene. BSO’s Homicide Unit is now investigating this incident. If you have any information on this crime, call Broward County Crime Stoppers at 954-493-TIPS. Remember, you can always remain anonymous, and you may be eligible for a reward of up to $5,000.

Florida Panthers spread hope at Baptist Health Cancer Care in Plantation

Published Sat, 22 Feb 2025 08:00:00 GMT

The Florida Panthers, along with their beloved mascots, embarked on a mission to uplift spirits at the Baptist Health Cancer Care. On Monday, they distributed “Totes for Hope,” bags filled with comforting items to support adults undergoing cancer treatment. The initiative aims to bring ease and comfort to those facing the challenging journey of cancer treatment. “Hopefully today this will be easier for them on this difficult day,” said AutoNation South Florida Market President Benny Dominguez. “Try to keep them occupied you know make them comfortable, as comfortable as we can. And, yeah it was a good day. Nice to meet a few new people,” said Florida Panthers center player Evan Rodrigues. The event is part of AutoNation’s annual “Drive Pink” campaign, a driving force in the fight against cancer. To date, the campaign has successfully raised and donated over $35 million for this crucial cause.

Google Maps and Waze temporarily disable live traffic data in Israel

Published Sat, 22 Feb 2025 08:00:00 GMT

New York (CNN) — Google is temporarily disabling live traffic conditions on its mapping service apps, Google Maps and Waze, in Israel, the tech company confirmed Monday, as the country prepares for a potential ground invasion into Gaza.“As we have done previously in conflict situations and in response to the evolving situation in the region, we have temporarily disabled the ability to see live traffic conditions and busyness information out of consideration for the safety of local communities,” a Google Maps spokesperson said.A Google spokesperson said the company consulted several sources that included regional and local authorities to make the assessment.However, Google did not say whether the tools would be disabled in Israel, Gaza or both. It also did not say whether the action was at the request of the Israel Defense Forces. CNN has reached out to IDF for comment.The website Geektime first reported the news.Google made a similar move last year after Russia invade...

Free rides coming to Miami-Dade County this November

Published Sat, 22 Feb 2025 08:00:00 GMT

MIAMI-DADE COUNTY, Fla. (WSVN) — Exciting news for commuters in Miami-Dade County! Starting November 13 and continuing until the end of the year, you can enjoy a free ride on the Metro-Bus or Metrorail. This initiative marks the launch of the county’s “Better Bus Network,” designed to boost ridership and reduce waiting times by introducing additional buses on busy routes. Don’t miss this opportunity for a cost-free commute – it’s a game-changer for Miami-Dade residents as new benefits include more frequent routes, improvements on Saturday services and more.

Police investigation underway after domestic dispute leads to shooting in Fort Lauderdale; 1 in custody

Published Sat, 22 Feb 2025 08:00:00 GMT

A police investigation unfolded at a Fort Lauderdale apartment complex after a domestic dispute took a dangerous turn. Around 6 a.m. Tuesday, Fort Lauderdale Police Department (FLPD) and Fort Lauderdale Fire Rescue (FLFR) responded to a shooting on the 500 block of Northwest Fourth Avenue where they engaged with all parties involved. According to officials no one sustained gunshot wounds, but FLFR did attend to two individuals on the scene for minor injuries. An adult male suspect is now in custody, but the investigation remains active. Please check back on WSVN.com and 7News for more details on this developing story.

Windy Days

Published Sat, 22 Feb 2025 08:00:00 GMT

Distant high pressure will be responsible for the windy days across South Florida. Today will be mostly dry with increasing winds up to 10- 20 mph with gusts of 20- 30 mph. This will create beach & boating hazards, rip currents, and high surf. Strong onshore winds to continue the rest of the week.The National Weather Service of Miami has issued a High Surf Advisory that run through Thursday evening for Coastal Broward and Miami-Dade. About 6- 8 foot waves expected creating dangerous swimming and surf conditions with some beach erosion. Also, rip current risk is high at area beaches, which means that even the most experienced swimmers can get into trouble, so it is best to avoid swimming for a few days.As for rain, we won’t have a ton of moisture available for the atmosphere to work with. Therefore, outside of a quick-moving shower on the breeze, it is expected to be mainly dry. Have a wonderful day South Florida and make it a safe one! Vivian GonzalezMeteorologist, AMS Cer...

Spanish socialists strike coalition deal with far-left Sumar alliance

Published Sat, 22 Feb 2025 08:00:00 GMT

Spain’s Socialist Party (PSOE), led by outgoing Prime Minister Pedro Sánchez, and Yolanda Díaz’s far-left Sumar coalition on Tuesday signed an agreement to form a coalition government.The deal includes a range of social measures, including proposals to regulate job cuts, raise the minimum wage and reduce working hours without decreasing salaries, according to Spanish outlet El Pais.Spain has been in political limbo since July after an inconclusive national election failed to give any of the major parties a clear path to form a government.Sánchez’s Socialists, which came in second, were tasked with forming a government earlier this month, after the center-right Popular Party, which got the most votes in the election, failed to secure the support of a majority in parliament.An agreement between the Socialists and Sumar was widely expected but it is not enough to secure a majority, so Sánchez still needs to gain the backing of smaller regional parties.His hardest task will ...