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Lithia Motors: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 14:11:29 GMT

MEDFORD, Ore. (AP) — MEDFORD, Ore. (AP) — Lithia Motors Inc. (LAD) on Wednesday reported third-quarter earnings of $261.5 million.The Medford, Oregon-based company said it had profit of $9.46 per share. Earnings, adjusted for non-recurring gains, were $9.25 per share.The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $9.97 per share.The auto dealership chain posted revenue of $8.28 billion in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $8.15 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LAD at https://www.zacks.com/ap/LADSource

Group 1 Automotive: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 14:11:29 GMT

HOUSTON (AP) — HOUSTON (AP) — Group 1 Automotive Inc. (GPI) on Wednesday reported third-quarter earnings of $163.9 million.The Houston-based company said it had profit of $11.65 per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were $12.07 per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $11.32 per share.The auto dealer posted revenue of $4.71 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $4.55 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPI at https://www.zacks.com/ap/GPISource

Deutsche Bank: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 14:11:29 GMT

FRANKFURT, Germany (AP) — FRANKFURT, Germany (AP) — Deutsche Bank AG (DB) on Wednesday reported net income of $1.12 billion in its third quarter.The Frankfurt, Germany-based bank said it had earnings of 61 cents per share.The bank posted revenue of $16.56 billion in the period. Its revenue net of interest expense was $7.76 billion, which topped Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DB at https://www.zacks.com/ap/DBSource

Banco Santander: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 14:11:29 GMT

MADRID (AP) — MADRID (AP) — Banco Santander SA (SAN) on Wednesday reported net income of $3.16 billion in its third quarter.The bank, based in Madrid, said it had earnings of 19 cents per share.The financial holding company posted revenue of $16.17 billion in the period. Its revenue net of interest expense was $16.17 billion, which topped Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAN at https://www.zacks.com/ap/SANSource

Lloyds: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 14:11:29 GMT

LONDON (AP) — LONDON (AP) — Lloyds Banking Group PLC (LYG) on Wednesday reported net income of $1.8 billion in its third quarter.The company said it had earnings of 10 cents per share.The bank posted revenue of $5.72 billion in the period. Its revenue net of interest expense was $5.72 billion, topping Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LYG at https://www.zacks.com/ap/LYGSource

Israeli airstrikes surge in Gaza, destroying homes and killing dozens at a time

Published Sat, 22 Feb 2025 14:11:29 GMT

RAFAH, Gaza Strip (AP) — Israel escalated airstrikes across the Gaza Strip on Tuesday, crushing families in the rubble of residential buildings, as health officials said hundreds of Palestinians were killed in the past day and medical facilities were shut down because of bomb damage and lack of power.The massive air bombardment continued through the night as Israeli jets hit sites across Gaza, the Hamas-run Interior Ministry said.The soaring death toll from the bombardment is unprecedented in the decades-long Israeli-Palestinian conflict. It augurs an even greater loss of life in Gaza once Israeli forces backed by tanks and artillery launch an expected ground offensive aimed at crushing Hamas militants.Gaza’s 2.3 million people have been running out of food, water and medicine since Israel sealed off the territory following the devastating Oct. 7 attack by Hamas on towns in southern Israel.The Gaza Health Ministry, which is run by Hamas, said Israeli airstrikes killed at least 704 p...

Hialeah councilman files lawsuit against mayor over 911 system negligence

Published Sat, 22 Feb 2025 14:11:29 GMT

A councilman is taking legal action against the mayor of Hialeah, alleging negligence in the city’s emergency response system. Councilman Bryan Calvo’s lawsuit follows revelations that the city’s 911 system missed over 32,000 calls in the past two years, leaving callers in distress without assistance.In June, Councilman Calvo called for an investigation into the operations of Hialeah’s 911 call center. Despite his calls for transparency, no action was taken to address the issue, prompting him to take legal action against the city’s mayor, Wednesday morning.“I think what’s irresponsible is to try and sweep this under the rug and pretend that it doesn’t exist,” Calvo stated at the press conference in June. “Clearly, something is going on in that department, and we need to get to the bottom of it and we need to find solutions for it.”Over the past several months, Councilman Calvo has cited multiple sources, including a M...

German MEP in running to lead Greens’ EU election campaign

Published Sat, 22 Feb 2025 14:11:29 GMT

BRUSSELS — German MEP Terry Reintke is in the running to lead the Greens European election campaign, she announced Wednesday. “I want a Europe that fights for climate justice. A Europe of fair wages and good work. A Europe of freedom and democracy. I want to bring Europeans together to make this happen,” she said. Reintke is already one of two co-presidents of the Greens group in the Parliament. The EU-level party, the European Greens, will field two so-called Spitzenkandidaten, at least one of whom must be a woman, and the membership will elect them in Lyon, France in early February next year. Those who champion the Spitzenkandidaten system, such as the European Greens, argue that it democratizes the EU elections, where 27 countries return MEPs to Brussels and Strasbourg. The informal process suggests that the lead candidate of the largest political group in the Parliament should get first dibs at running the European Commission — however this did not happen l...

Azerbaijan says peace with Armenia is within reach

Published Sat, 22 Feb 2025 14:11:29 GMT

Top Azerbaijani officials have rejected claims a new conflict with Armenia is imminent, denying speculation the South Caucasus nation might use force to seize a strategically important transport corridor inside the neighboring country, insisting instead that a lasting peace deal could soon be signed.Following talks with Russian counterparts on Tuesday, Azerbaijan’s foreign minister, Jeyhun Bayramov, said that “there are real chances for the conclusion of a peace treaty between Azerbaijan and Armenia within a short period of time” after Azerbaijan took control of the breakaway region of Nagorno-Karabakh last month in a lightning war.The proposed agreement would end three decades of conflict that has dragged in global powers like Russia, the EU and U.S. — while flying in the face of speculation Azerbaijan could use military force to secure the so-called Zangezur Corridor, an as-yet unrealized road and rail link between mainland Azerbaijan and its exclave, Nakhchivan...

Police investigating after crucifix vandalized at Cathedral of the Holy Cross in Boston

Published Sat, 22 Feb 2025 14:11:29 GMT

Boston police are searching for the person who vandalized an exterior crucifix at the historic Cathedral of the Holy Cross in Boston overnight.The arms of Jesus on the crucifix were broken and left dangling and video posted online shows someone swinging back and forth from the crucifix, trying to pull it down.A spokesman for the Archdiocese of Boston said, “Unfortunately, the Cathedral experienced vandalism at the exterior crucifix … It’s now in the capable hands of the BPD. The Archdiocese will work with the Cathedral to assess the damage.”The Cathedral of the Holy Cross is the largest Catholic church in New England.This is a developing news story; stay with 7NEWS on-air and online for the latest details.