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Stock market today: World shares mostly higher ahead of Fed decision on interest rates

Published Fri, 07 Feb 2025 10:40:36 GMT

BANGKOK (AP) — World shares logged meager gains as investors remained cautious ahead of a decision on interest rates Wednesday by the U.S. Federal Reserve.Oil prices were higher as Israeli airstrikes leveled apartment buildings in Gaza and ground troops battled Hamas militants inside the besieged territory. In recent days, Israeli troops have advanced toward the outskirts of Gaza City from the north and east. Worries that fighting could escalate beyond the latest Israel-Hamas war, potentially disrupting supplies, have roiled oil markets in recent weeks. U.S. benchmark crude oil advanced 86 cents early Wednesday to $81.88 a barrel. It lost 29 cents on Tuesday to $81.02. Brent crude, the international standard, picked up 85 cents to $85.87 a barrel. Germany’s DAX edged up less than 4 points to 14,813.13 and the CAC 40 in Paris gained less than 0.1% to 6,891.38. Britain’s FTSE 100 was up less than 1 point at 7,322.05. The futures for the S&P 500 and the Dow industrials ...

SSR Mining: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 10:40:36 GMT

DENVER (AP) — DENVER (AP) — SSR Mining Inc. (SSRM) on Wednesday reported third-quarter earnings of $15.2 million.On a per-share basis, the Denver-based company said it had profit of 7 cents. Earnings, adjusted for non-recurring costs, were 26 cents per share.The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.The precious metals mining company posted revenue of $385.4 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSRM at https://www.zacks.com/ap/SSRMSource

Gaza’s communications cut again for hours, as dozens of foreigners and wounded prepare to exit

Published Fri, 07 Feb 2025 10:40:36 GMT

RAFAH, Gaza Strip (AP) — Gaza was plunged into another communications blackout Wednesday, with internet and phone service cut for several hours as Israeli troops battled Hamas militants. Meanwhile, dozens of foreign passport holders crowded into a border crossing ahead of what could be the first such departure from the besieged Palestinian enclave.Communications began to be restored later in the day, but aid agencies warned that such blackouts severely disrupt their work in an already dire situation. Daily airstrikes have displaced more than half of the population and basic supplies are running low. On Tuesday, an Israeli barrage leveled apartment buildings in a refugee camp near Gaza City, killing an unknown number of people.No one has been allowed to leave Gaza, except for four hostages released by Hamas, since Israel declared a total siege in the wake of the militants’ bloody Oct. 7 rampage into southern Israel. Disagreements among Egypt, Israel and Hamas have prevented any exit,...

Trane Technologies: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 10:40:36 GMT

DUBLIN (AP) — DUBLIN (AP) — Trane Technologies plc (TT) on Wednesday reported third-quarter profit of $626.3 million.The Dublin-based company said it had net income of $2.72 per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $2.79 per share.The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.66 per share.The manufacturer posted revenue of $4.88 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $4.78 billion.Trane Technologies expects full-year earnings to be $9 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 TT at https://www.zacks.com/ap/TTSource

Avista: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 10:40:36 GMT

SPOKANE, Wash. (AP) — SPOKANE, Wash. (AP) — Avista Corp. (AVA) on Wednesday reported third-quarter net income of $14.7 million, after reporting a loss in the same period a year earlier.On a per-share basis, the Spokane, Washington-based company said it had net income of 19 cents.The utility posted revenue of $379.6 million in the period.Avista expects full-year earnings to be $2.27 to $2.37 per share.Avista shares have declined 29% since the beginning of the year. The stock has dropped 23% 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 AVA at https://www.zacks.com/ap/AVASource

Columbus McKinnon: Fiscal Q2 Earnings Snapshot

Published Fri, 07 Feb 2025 10:40:36 GMT

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Columbus McKinnon Corp. (CMCO) on Wednesday reported net income of $15.8 million in its fiscal second quarter.The Charlotte, North Carolina-based company said it had profit of 55 cents per share. Earnings, adjusted for one-time gains and costs, were 76 cents per share.The maker of materials handling products and systems posted revenue of $258.4 million in the period.For the current quarter ending in December, Columbus McKinnon said it expects revenue in the range of $245 million to $255 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMCO at https://www.zacks.com/ap/CMCOSource

Radware: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 10:40:36 GMT

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Radware Ltd. (RDWR) on Wednesday reported a loss of $6.9 million in its third quarter.On a per-share basis, the Tel Aviv, Israel-based company said it had a loss of 16 cents. Earnings, adjusted for stock option expense and pretax expenses, came to 7 cents per share.The network management software maker posted revenue of $61.6 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDWR at https://www.zacks.com/ap/RDWRSource

SiteOne Landscape: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 10:40:36 GMT

ROSWELL, Ga. (AP) — ROSWELL, Ga. (AP) — SiteOne Landscape Supply, Inc. (SITE) on Wednesday reported third-quarter net income of $57.3 million.On a per-share basis, the Roswell, Georgia-based company said it had net income of $1.25.The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.The company posted revenue of $1.15 billion in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $1.14 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SITE at https://www.zacks.com/ap/SITESource

Generac Holdings: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 10:40:36 GMT

WAUKESHA, Wis. (AP) — WAUKESHA, Wis. (AP) — Generac Holdings Inc. (GNRC) on Wednesday reported third-quarter earnings of $60.4 million.On a per-share basis, the Waukesha, Wisconsin-based company said it had profit of 97 cents. Earnings, adjusted for one-time gains and costs, were $1.64 per share.The results beat Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.50 per share.The generator maker posted revenue of $1.07 billion in the period, also beating Street forecasts. Twelve analysts surveyed by Zacks expected $1.04 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNRC at https://www.zacks.com/ap/GNRCSource

Denver weather: Seasonal, partly cloudy to start November

Published Fri, 07 Feb 2025 10:40:36 GMT

DENVER (KDVR) — Even with some extra clouds across the state Wednesday, temperatures will be closer to seasonal averages with warmer weather ahead in the Denver weather forecast.Weather today: Sun and cloudsWednesday will be mild along the Front Range as highs will be in the upper 50s. Winds will be light through the afternoon with a mix of sun and clouds. Here is when KOSI 101.1 will switch to 24/7 Christmas music Pinpoint Weather: Daily forecast on Nov. 1 Weather tonight: Partly cloudyThe extra clouds stick around Wednesday night as lows dip just below freezing. Lows will be around the 30-degree mark with partly cloudy skies. Pinpoint Weather: Overnight forecast on Nov. 1 Looking ahead: Warming up, staying dryPartly cloudy skies stick around through the end of the week with warmer temperatures. Highs on Thursday will be in the lower 60s with partly cloudy skies. More sunshine is expected on Friday with a few clouds and mild highs in the middle 60s. How much snow is Denver exp...