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Train crashes into bus at crossing in Mexico, killing 6 and injuring 17

Published Mon, 16 Dec 2024 15:48:13 GMT

EL MARQUES, Mexico (AP) — A train smashed into a small commuter bus at a grade crossing, killing six people and injuring 17, authorities in central Mexico said.Alejandro Vázquez Mellado, head of civil defense for the township of El Marques, said five of the 17 injured were in critical condition.The town is in Queretaro state north of Mexico City.Photos of the scene showed the crumpled wreckage of the bus tossed to one side of the tracks. The vehicle was apparently dragged about 50 yards (meters) along the tracks.Such accidents are frequent at railroad crossings in Mexico that lack signals or barriers.Source

Big Ten having preliminary conversations about more expansion if Pac-12 crumbles, AP sources say

Published Mon, 16 Dec 2024 15:48:13 GMT

A group of Big Ten presidents has begun discussing the possibility of adding more West Coast schools to the conference if the Pac-12 continues to crumble, two people familiar with the conversations told The Associated Press on Wednesday.The people spoke to the AP on condition of anonymity because the conversations were preliminary and the Big Ten was not going public with its internal deliberations.Yahoo Sports first reported the Big Ten was exploring the potential of adding more Pac-12 schools.The Pac-12 is down to nine schools seemingly committed beyond this year, with Southern California and UCLA heading to the Big Ten in 2024 and Colorado to the Big 12. Colorado announced its move last week.The Pac-12 is hoping to keep its remaining members together with a media rights deal that would make Apple TV the conference’s primary home, ESPN reported Tuesday. The deal might not be enough to prevent more defections to the Big 12, with the remaining schools in the Four Corners regio...

Sunrun: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 15:48:13 GMT

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Sunrun Inc. (RUN) on Wednesday reported second-quarter earnings of $55.5 million.The San Francisco-based company said it had net income of 25 cents per share.The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.The solar energy products distributor posted revenue of $590.2 million in the period, missing Street forecasts. Eleven analysts surveyed by Zacks expected $621.9 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RUN at https://www.zacks.com/ap/RUNSource

Police officer in South Carolina killed by Amtrak train while rescuing someone who called 911

Published Mon, 16 Dec 2024 15:48:13 GMT

EASLEY, S.C. (AP) — A police officer in South Carolina was struck and killed by an Amtrak train Wednesday as he was saving someone who had called 911, authorities said.A person on the tracks near downtown Easley who was having a mental health crisis first called 911 around 5 a.m., Easley Police Lt. Ashley Anderson said. Officer Matthew Hare, 22, and his partner found the person about an hour later. It was not clear exactly how Hare came to be struck by the train, but Anderson said at a news conference that he “died saving the life of someone he did not know. Officer Hare was a hero.”Hare’s partner and the person on the tracks were not injured. The person was taken into custody, but investigators did not say why they were being held, whether charges had been filed or what their name is. Police didn’t give additional details, including what happened in the hour between the 911 call and Hare’s death.Amtrak’s Crescent train, which runs from New York to New Orlean...

Waste Connections: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 15:48:13 GMT

ONTARIO, Ontario (AP) — ONTARIO, Ontario (AP) — Waste Connections Inc. (WCN) on Wednesday reported second-quarter earnings of $209.2 million.The Ontario, Ontario-based company said it had net income of 81 cents per share. Earnings, adjusted for non-recurring costs, came to $1.02 per share.The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.The solid waste services provider posted revenue of $2.02 billion in the period, which also topped Street forecasts. Ten analysts surveyed by Zacks expected $2.01 billion.Waste Connections expects full-year revenue of $8.03 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WCN at https://www.zacks.com/ap/WCNSource

FormFactor: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 15:48:13 GMT

LIVERMORE, Calif. (AP) — LIVERMORE, Calif. (AP) — FormFactor Inc. (FORM) on Wednesday reported second-quarter net income of $828,000.On a per-share basis, the Livermore, California-based company said it had net income of 1 cent. Earnings, adjusted for one-time gains and costs, were 14 cents per share.The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.The integrated circuits diagnostic company posted revenue of $155.9 million in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $162.1 million.For the current quarter ending in September, FormFactor expects its per-share earnings to range from 13 cents to 21 cents.The company said it expects revenue in the range of $162 million to $172 million for the fiscal third quarter._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Re...

BlackRock Kelso: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 15:48:13 GMT

NEW YORK (AP) — NEW YORK (AP) — BlackRock Kelso Capital Corp. (BKCC) on Wednesday reported second-quarter net income of $1.5 million, after reporting a loss in the same period a year earlier.The New York-based company said it had net income of 2 cents per share. Earnings, adjusted for investment costs, came to 12 cents per share.The closed-end investment company posted revenue of $19.9 million in the period.In the final minutes of trading on Wednesday, the company’s shares hit $3.59. A year ago, they were trading at $3.84._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKCC at https://www.zacks.com/ap/BKCCSource

DoorDash hits new record for orders, revenue in second quarter

Published Mon, 16 Dec 2024 15:48:13 GMT

DoorDash set new records for total orders and revenue in the second quarter as its grocery and convenience deliveries accelerated and it improved driver efficiency.The San Francisco-based delivery company said its total orders rose 25% to 532 million for the April-June period. That was ahead of Wall Street’s forecast of 521 million, according to analysts polled by FactSet.Revenue rose 33% to $2.1 billion, which was in line with analysts’ forecasts.DoorDash raised its full-year forecast Wednesday. The company said it now expects gross order values between $64.2 billion and $65.2 billion for the year, up from the $63 billion to $64.5 billion it forecast previously. DoorDash expects adjusted pretax earnings between $750 million and $1.05 billion, up from a range of $600 million-$900 million.DoorDash Chief Financial Officer Ravi Inukonda said the company is continuing to see growth in users and those customers are ordering more frequently. The 10-year-old company still delivers primaril...

Staar Surgical: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 15:48:13 GMT

LAKE FOREST, Calif. (AP) — LAKE FOREST, Calif. (AP) — Staar Surgical Co. (STAA) on Wednesday reported second-quarter profit of $6.1 million.On a per-share basis, the Lake Forest, California-based company said it had net income of 12 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 40 cents per share.The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.The maker of implantable lenses posted revenue of $92.3 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $93 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STAA at https://www.zacks.com/ap/STAASource

Inseego: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 15:48:13 GMT

SAN DIEGO (AP) — SAN DIEGO (AP) — Inseego Corp. (INSG) on Wednesday reported a loss of $4.9 million in its second quarter.On a per-share basis, the San Diego-based company said it had a loss of 5 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 2 cents per share.The holding company posted revenue of $53.6 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $51.8 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INSG at https://www.zacks.com/ap/INSGSource