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UN chief hopes Syria’s return to Arab League helps end war

Published Wed, 12 Feb 2025 17:51:53 GMT

UNITED NATIONS (AP) — The U.N. chief expressed hope Monday that Syria’s return to the Arab League and its engagement with regional powers could spur progress in resolving the 13-year Syrian civil war, as Damascus faced pressure to be transparent about chemical weapons.Secretary-General Antonio Guterres said he believes the region “has a vital role to play in the search for settlement of the conflict,” which began with an uprising against President Bashar Assad’s rule in 2011 that was met with a violent crackdown. The civil war has killed nearly a half million people, and displaced half the country’s pre-war population of 23 million.Syria was reinstated in the 22-nation Arab League on Sunday after a 12-year suspension. It was a symbolic victory for Assad, who can join the group’s May 19 summit, though Western sanctions will continue to block reconstruction funds to the war-battered country.Guterres’ comments challenged regional players to take a leading role in trying to get the Syri...

Theravance Bio: Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 17:51:53 GMT

GEORGE TOWN, Cayman Islands (AP) — GEORGE TOWN, Cayman Islands (AP) — Theravance Biopharma Inc. (TBPH) on Monday reported a loss of $22.1 million in its first quarter.On a per-share basis, the George Town, Cayman Islands-based company said it had a loss of 35 cents. Losses, adjusted for stock option expense and pretax expenses, came to 24 cents per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.The biopharmaceutical company posted revenue of $10.4 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $13.8 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TBPH at https://www.zacks.com/ap/TBPHSource

Ventas: Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 17:51:53 GMT

CHICAGO (AP) — CHICAGO (AP) — Ventas Inc. (VTR) on Monday reported a key measure of profitability in its first quarter. The results beat Wall Street expectations.The Chicago-based real estate investment trust said it had funds from operations of $296.9 million, or 74 cents per share, in the period.The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 70 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $17.5 million, or 4 cents per share.The seniors housing real estate investment trust, based in Chicago, posted revenue of $1.08 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $1.05 billion.Ventas expects full-year funds from operations in the range of $2.90 to $3.04 per share._____This story was generated by Automated Insights ...

Viant: Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 17:51:53 GMT

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Viant Technology Inc. (DSP) on Monday reported a loss of $2.5 million in its first quarter.The Irvine, California-based company said it had a loss of 17 cents per share.The advertising software company posted revenue of $41.7 million in the period. Its adjusted revenue was $28 million.For the current quarter ending in June, Viant said it expects revenue in the range of $32 million to $34 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSP at https://www.zacks.com/ap/DSPSource

Sampdoria relegated from Serie A after losing at Udinese

Published Wed, 12 Feb 2025 17:51:53 GMT

MILAN (AP) — Bottom club Sampdoria was relegated from Serie A following a 2-0 loss at Udinese on Monday.Two first-half goals condemned Sampdoria, which was left 13 points from safety with four rounds remaining.Spezia and Cremonese are the other teams in the relegation zone and they are three and six points, respectively, behind 17th-placed Hellas Verona.Sampdoria has won just two matches since the start of the year and travelled to Udine on the back of two straight losses without scoring.Udinese took the lead in the ninth minute. Festy Ebosele ran almost the entire length of the field before sending the ball through to Roberto Pereyra, who lifted it above onrushing goalkeeper Nicola Ravaglia.Adam Masina doubled Udinese’s lead in the 34th when he headed a chipped pass from Sandi Lovrić into the bottom left corner.Samp almost got back into the match 12 minutes into the second half but Manolo Gabbiadini’s effort came off the right post.RELEGATION BATTLEEmpoli all but assured itself of ...

Brewers reverse course on decision to extend beer sales

Published Wed, 12 Feb 2025 17:51:53 GMT

MILWAUKEE (AP) — The Milwaukee Brewers have changed their minds about extending beer sales beyond the seventh inning of home games.The Brewers were among a handful of teams that extended beer sales through the eighth inning in response to the shorter games this season following the pitch clock’s arrival. Starting with their game Monday night against the Los Angeles Dodgers, the Brewers are going back to their previous policy of shutting down beer sales after the seventh inning.When the Brewers decided last month to continue beer sales through the eighth inning, they called it an experimental move. The Brewers said Monday their decision to reverse course wasn’t due to any issues with fan behavior. They simply discovered that sales of all concessions drop precipitously in the late innings. Therefore, keeping beer vendors open for another inning wasn’t producing a significant increase in sales.Other teams that had extended alcohol sales through the eighth inning included the Arizona Di...

Aecom: Fiscal Q2 Earnings Snapshot

Published Wed, 12 Feb 2025 17:51:53 GMT

DALLAS (AP) — DALLAS (AP) — Aecom Technology Corp. (ACM) on Monday reported fiscal second-quarter net income of $76.6 million.The Dallas-based company said it had profit of 55 cents per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, were 92 cents per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share.The provider of technical and management-support services posted revenue of $3.49 billion in the period.Aecom expects full-year earnings in the range of $3.55 to $3.75 per share.Aecom shares have decreased roughly 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $82.50, an increase of 16% 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 ACM at https://www.za...

Business Highlights: Debt ceiling; Teacher pay

Published Wed, 12 Feb 2025 17:51:53 GMT

___Debt options abound, but can Biden, McCarthy strike a deal?WASHINGTON (AP) — The White House and Congress could strike a deal to raise the debt ceiling in exchange for budget cuts. Or they could agree to a stopgap measure to keep paying the nation’s bills while negotiations continue. They could also do nothing, sending the economy into a tailspin. As President Joe Biden prepares to meet with House Speaker Kevin McCarthy and leaders of Congress, the options for easing the debt ceiling standoff are many. But the political incentive for compromise is harder to come by. There’s no easy endgame ahead of a June 1 deadline to raise the debt ceiling or risk default.___Teachers earn $67K on average. Is push for raises too late?HARRISBURG, PA (AP) — As schools across the country struggle to find teachers to hire, more governors are pushing for pay increases and bonuses for the beleaguered profession. Some are doing it for the second straight year, as others vow to beat out other states com...

PRA Group: Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 17:51:53 GMT

NORFOLK, Va. (AP) — NORFOLK, Va. (AP) — PRA Group Inc. (PRAA) on Monday reported a loss of $58.6 million in its first quarter.The Norfolk, Virginia-based company said it had a loss of $1.50 per share.The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.The debt collector posted revenue of $155.5 million in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $222.8 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRAA at https://www.zacks.com/ap/PRAASource

Paypal: Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 17:51:53 GMT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Paypal Holdings Inc. (PYPL) on Monday reported first-quarter profit of $795 million.The San Jose, California-based company said it had net income of 70 cents per share. Earnings, adjusted for one-time gains and costs, were $1.17 per share.The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.The technology platform and digital payments company posted revenue of $7.04 billion in the period, also beating Street forecasts. Thirteen analysts surveyed by Zacks expected $6.99 billion.For the current quarter ending in June, Paypal expects its per-share earnings to range from $1.15 to $1.17.The company expects full-year earnings to be $4.95 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 PYPL at https://www.zacks.com/ap/...