Home

NATO announces formal suspension of Cold War-era security treaty after Russia’s pullout

Published Wed, 25 Dec 2024 08:00:51 GMT

BRUSSELS (AP) — NATO on Tuesday announced the formal suspension of a key Cold War-era security treaty in response to Russia’s pullout from the deal. The alliance said its members who signed the treaty are now freezing their participation in the pact. Most of NATO’s 31 allies have signed the Treaty of Conventional Armed Forces in Europe, which was aimed at preventing Cold War rivals from massing forces at or near mutual borders. It was signed in November 1990, but not fully ratified until two years later.NATO said that “a situation whereby Allied State Parties abide by the Treaty, while Russia does not, would be unsustainable.”Russia’s foreign ministry announced earlier Tuesday that Moscow had finalized its withdrawal. In response, NATO said, allies who had signed “intend to suspend the operation of the CFE Treaty for as long as necessary, in accordance with their rights under international law. This is a decision fully supported by all NATO Allies.”NATO underlined that its members r...

Triumph Group: Fiscal Q2 Earnings Snapshot

Published Wed, 25 Dec 2024 08:00:51 GMT

BERWYN, Pa. (AP) — BERWYN, Pa. (AP) — Triumph Group Inc. (TGI) on Tuesday reported a loss of $1.3 million in its fiscal second quarter.On a per-share basis, the Berwyn, Pennsylvania-based company said it had a loss of 2 cents. Earnings, adjusted for restructuring costs and non-recurring costs, were 1 cent per share.The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 1 cent per share.The aircraft supplier posted revenue of $354.1 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $335.4 million.Triumph Group expects full-year revenue in the range of $1.43 billion to $1.47 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGI at https://www.zacks.com/ap/TGISource

Geo Group: Q3 Earnings Snapshot

Published Wed, 25 Dec 2024 08:00:51 GMT

BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — Geo Group Inc. (GEO) on Tuesday reported third-quarter net income of $24.5 million.The Boca Raton, Florida-based company said it had profit of 16 cents per share. Earnings, adjusted for one-time items, came to 19 cents per share.The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 19 cents per share.The private prison operator posted revenue of $602.8 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $595.3 million.For the current quarter ending in December, Geo Group said it expects revenue in the range of $590 million to $600 million.The company expects full-year revenue of $2.4 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEO at https://www.zacks.com/ap/GEOSource

Ingredion: Q3 Earnings Snapshot

Published Wed, 25 Dec 2024 08:00:51 GMT

WESTCHESTER, Ill. (AP) — WESTCHESTER, Ill. (AP) — Ingredion Inc. (INGR) on Tuesday reported profit of $158 million in its third quarter.On a per-share basis, the Westchester, Illinois-based company said it had net income of $2.36. Earnings, adjusted for one-time gains and costs, were $2.33 per share.The food sweetener, starch and nutritional ingredient company posted revenue of $2.03 billion in the period.Ingredion expects full-year earnings in the range of $9.05 to $9.45 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 INGR at https://www.zacks.com/ap/INGRSource

NATO announces formal suspension of a key Cold War-era security treaty in response to Russia’s pullout from the deal

Published Wed, 25 Dec 2024 08:00:51 GMT

BRUSSELS (AP) — NATO announces formal suspension of a key Cold War-era security treaty in response to Russia’s pullout from the deal.Source

Enovis: Q3 Earnings Snapshot

Published Wed, 25 Dec 2024 08:00:51 GMT

WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — Enovis Corporation (ENOV) on Tuesday reported a loss of $2.9 million in its third quarter.On a per-share basis, the Wilmington, Delaware-based company said it had a loss of 5 cents. Earnings, adjusted for one-time gains and costs, were 56 cents per share.The manufacturing and engineering company posted revenue of $417.5 million in the period.Enovis expects full-year earnings in the range of $2.30 to $2.40 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 ENOV at https://www.zacks.com/ap/ENOVSource

Ohio is the lone state deciding an abortion rights question, providing hints for 2024 races

Published Wed, 25 Dec 2024 08:00:51 GMT

COLUMBUS, Ohio (AP) — Ohio becomes the latest flashpoint on Tuesday in the nation’s ongoing battle over abortion access since the U.S. Supreme Court overturned a constitutional right to the procedure last year.Voters will decide whether to pass a constitutional amendment guaranteeing an individual right to abortion and other forms of reproductive healthcare.Ohio is the only state to consider a statewide abortion-rights question this year, fueling tens of millions of dollars in campaign spending, boisterous rallies for and against the amendment, and months of advertising and social media messaging, some of it misleading.With a single spotlight on abortion rights this year, advocates on both sides of the issue are watching the outcome for signs of voter sentiment heading into 2024, when abortion-rights supporters are planning to put measures on the ballot in several other states, including Arizona, Missouri and Florida. Early voter turnout has also been robust.Public polling sho...

Virginia voters will decide legislature’s political control, with abortion rights hotly contested

Published Wed, 25 Dec 2024 08:00:51 GMT

RICHMOND, Va. (AP) — Virginia’s closely watched legislative campaign cycle closes out Tuesday, as voters decide whether to empower Republicans with full state government control or let Democrats keep serving as a bulwark against Gov. Glenn Youngkin’s agenda. The outcome in Virginia — among just four states with legislative elections this year — will be closely scrutinized nationwide for hints of what may come in the 2024 presidential cycle. While all 140 General Assembly seats are on the ballot in a costly and competitive election year, the balance of power, currently divided, will likely be decided in about a dozen districts in Hampton Roads, suburban Richmond and northern Virginia. Candidates have been making their case to voters on the economy, the environment, public safety and schools, but no issue has been more hotly contested than abortion in the last state in the South without new restrictions since the end of Roe v. Wade.The contests are “the most importan...

Esperion Therapeutics: Q3 Earnings Snapshot

Published Wed, 25 Dec 2024 08:00:51 GMT

ANN ARBOR, Mich. (AP) — ANN ARBOR, Mich. (AP) — Esperion Therapeutics Inc. (ESPR) on Tuesday reported a loss of $41.3 million in its third quarter.The Ann Arbor, Michigan-based company said it had a loss of 37 cents per share.The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 42 cents per share.The biopharmaceutical company posted revenue of $34 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $30.8 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ESPR at https://www.zacks.com/ap/ESPRSource

Galatasaray and Fenerbahce push for Turkish Super Cup to be played on home soil, not Saudi Arabia

Published Wed, 25 Dec 2024 08:00:51 GMT

ISTANBUL (AP) — Galatasaray and Fenerbahce are pushing for the Turkish Super Cup on Dec. 29 to be played on home soil rather than Saudi Arabia.There has been public pressure for the game to be staged at home because it marks the centennial anniversary of the proclamation of the Turkish republic.It’s a rare pushback in soccer against playing games in Saudi Arabia. The oil-rich kingdom has moved in recent years to stage more international games and tournaments ahead of the men’s World Cup it is all but certain to host in 2034.Fenerbahce put forward a motion at a board meeting on Sunday for the Super Cup to be played at the Ataturk Stadium in Istanbul, where last season’s Champions League final took place, or the Samsun 19 Mayıs Stadium, the home of Samsunspor. The proposal was accepted unanimously, the club said.Samsun, on the Black Sea coast, is where Mustafa Kemal Ataturk launched the war of independence and went on to establish the Turkish Republic from the ruins of the Ottom...