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Cathay: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 20:54:21 GMT

LOS ANGELES (AP) — LOS ANGELES (AP) — Cathay General Bancorp (CATY) on Monday reported third-quarter profit of $82.4 million.The bank, based in Los Angeles, said it had earnings of $1.13 per share.The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.The holding company for Cathay Bank posted revenue of $331.3 million in the period. Its revenue net of interest expense was $193.5 million, which missed Street forecasts.Cathay shares have decreased 18% since the beginning of the year. In the final minutes of trading on Monday, shares hit $33.31, a drop of 20% 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 CATY at https://www.zacks.com/ap/CATYSource

Back in Top 25, James Madison hopes to avoid another skid that takes them right back out

Published Mon, 16 Dec 2024 20:54:21 GMT

James Madison is back in the Top 25 after a 7-0 start to the season, and coach Curt Cignetti is confident the Dukes are better prepared for continued success this time.A year ago, after starting 5-0 and being ranked No. 25 for the first time as a Bowl Subdivision program, they promptly lost three straight.“I think last season we were ranked and then went down to Georgia Southern, there was a lot of hoopla around here,” Cignetti said Monday, the day after the Dukes appeared in both the AP Top 25 and the coach’s poll for the first time.“We crossed that bridge a little bit when we played them last time because we were 5-0 again, the same match up, and I thought we handled it much better.”On Oct. 14, this time at JMU’s Bridgeforth Stadium, the Dukes rolled, 41-13.“This team has learned the lessons from the past,” Cignetti said. “It’s very mature. One thing I’ll say about this team is they have been extremely focused day in, day out and played with great effort and energy eve...

Nobody stepped up to make a difference while the star-deficient Rams blew a lead, lost to Steelers

Published Mon, 16 Dec 2024 20:54:21 GMT

LOS ANGELES (AP) — The Los Angeles Rams’ most disappointing loss of the season came with some painful reminders of this team’s self-inflicted shortcomings.Los Angeles (3-4) was beaten in crunch time again Sunday, getting outscored 21-8 in the second half of a 24-17 loss to Pittsburgh. The Rams had a strong second quarter and built a lead heading to the fourth, but the Steelers outplayed Matthew Stafford, Aaron Donald and their supporting cast when it counted.“We didn’t help ourselves,” coach Sean McVay said. “There were a lot of plays that we could have been able to make. There’s always things. Any time that we don’t get it done, it’s a collective effort as a team, but there were a lot of things that we didn’t do to be able to finish this game.”It’s increasingly clear the Rams don’t have the talent to do many of those things.When the Rams gutted their roster in the offseason, they removed several difference-making veterans and elected to play this year with y...

How major US stock indexes fared Monday, 10/23/2023

Published Mon, 16 Dec 2024 20:54:21 GMT

Wall Street wobbled to a mixed close, continuing a monthslong run where it’s slavishly followed the cue of the bond market. The S&P 500 slipped 0.2% Monday. The Dow fell 190 points, and the Nasdaq composite edged up 0.3%. All three indexes slumped at the start of trading, hurt by a continued rise for Treasury yields. The 10-year yield again touched its highest level since 2007. But yields eventually eased back after crude oil prices tumbled to take some pressure off inflation. That helped to relax conditions for the stock market, particularly for Big Tech and other high-growth companies. On Monday:The S&P 500 fell 7.12 points, or 0.2%, to 4,217.04.The Dow Jones Industrial Average fell 190.87 points, or 0.6%, to 32,936.41.The Nasdaq composite rose 34.52 points, or 0.3%, to 13,018.33.The Russell 2000 index of smaller companies fell 14.91 points, or 0.9% to 1,665.88.For the year:The S&P 500 is up 377.54 points, or 9.8%.The Dow is down 210.84 points, or 0.6%.The Nasdaq is up...

Nucor: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 20:54:21 GMT

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Nucor Corp. (NUE) on Monday reported third-quarter profit of $1.14 billion.The Charlotte, North Carolina-based company said it had net income of $4.57 per share.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.26 per share.The steel company posted revenue of $8.78 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $8.53 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NUE at https://www.zacks.com/ap/NUESource

Suspension of Astros’ Abreu’ upheld and pushed to next year. Reliever available for Game 7

Published Mon, 16 Dec 2024 20:54:21 GMT

HOUSTON (AP) — Astros reliever Bryan Abreu was eligible to pitch in Game 7 of the AL Championship Series against the Texas Rangers on Monday night after his two-game suspension for intentionally throwing at Adolis García was upheld in an appeals hearing and delayed until the start of next season.Abreu was suspended Saturday by MLB senior vice president Michael Hill, a day after the incident. The reliever appealed, allowing him to pitch in Game 6, and the hearing was held Monday before John McHale Jr., special assistant to baseball Commissioner Rob Manfred. Abreu has been one of Houston’s top relievers with 2.45 ERA in eight appearances this postseason. The players’ association declined comment.Abreu’s suspension came after MLB said Saturday that all six umpires determined he intentionally threw at García in the eighth inning Friday in Game 5 when he hit the slugger on the left arm with a 98.9 mph fastball. Two innings earlier, García flipped his bat and took a slow trot ...

HealthStream: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 20:54:21 GMT

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — HealthStream Inc. (HSTM) on Monday reported third-quarter profit of $3.9 million.On a per-share basis, the Nashville, Tennessee-based company said it had profit of 13 cents.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.The provider of internet-based educational and training content for health care professionals posted revenue of $70.3 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $70.6 million.HealthStream expects full-year revenue in the range of $277.5 million to $283 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HSTM at https://www.zacks.com/ap/HSTMSource

Calix: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 20:54:21 GMT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Calix Inc. (CALX) on Monday reported third-quarter profit of $17 million.The San Jose, California-based company said it had profit of 24 cents per share. Earnings, adjusted for one-time gains and costs, were 45 cents per share.The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.The cloud, software platforms, systems and services provider for communications service providers posted revenue of $263.8 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $263.2 million.For the current quarter ending in December, Calix expects its per-share earnings to range from 33 cents to 39 cents.The company said it expects revenue in the range of $261 million to $267 million for the fiscal fourth quarter.Calix shares have declined 38% since the beginning of the year. In the final minutes of trading ...

Rookie Tyson Bagent will likely start again for Bears with Justin Fields doubtful to play this week

Published Mon, 16 Dec 2024 20:54:21 GMT

LAKE FOREST, Ill. (AP) — Rookie Tyson Bagent helped lead the Chicago Bears to their first home win in more than a year with quarterback Justin Fields sidelined. It looks as though he will get another chance to start this week.Bagent is in line to be behind center again with Fields doubtful to play and likely missing his second consecutive game because of a dislocated right thumb, coach Matt Eberflus said Monday.Bagent delivered a steady performance in a 30-12 victory over Las Vegas on Sunday. Undrafted after a record-setting career at Division II Shepherd University in West Virginia, he led three touchdown drives in his first start and the Bears (2-5) won for the second time in three games after losing 14 in a row. “He understands the play design,” Eberflus said. “He understands where it’s supposed to go, and he gets rid of it in a timely fashion.”Bagent took over after Fields was injured in a Week 6 loss to Minnesota. Against Las Vegas, the Bears simplified the game plan and relied...

Buffs to feature in prime time for homecoming game against Oregon State

Published Mon, 16 Dec 2024 20:54:21 GMT

DENVER (KDVR) -- For another time this season, the University of Colorado Buffaloes will be front and center in prime time for their homecoming game against No. 11 Oregon State University.Kickoff at Folsom Field will be at 8 p.m. MDT on Saturday, Nov. 4. Are you a true Colorado sports fan? This will be the team's third prime-time spot this season, with games against Colorado State University and Stanford previously snagging the prime spot.The team has garnered national attention at several other games, with ESPN's "College GameDay" coming to Boulder once and FOX Sports' "Big Noon Kickoff" pitching its tent there three times this season.The attention -- and the prime spots -- may not come as a surprise to some, given the team's head coach is Deion "Prime Time" Sanders.Before the Buffs take on the Beavers, the team will travel to Pasadena, California, this Saturday to play against the No. 23 University of California Los Angeles Bruins.Buffs resale tickets are expensiveIf you're look...