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Amazon rolls out independent cloud for Europe to address stricter privacy standards

Published Wed, 12 Feb 2025 15:25:39 GMT

Amazon is rolling out an independent cloud for Europe as it looks to address strict regulations that companies and those in the public sector face in the European Union.Amazon Web Services said Wednesday that its AWS European Sovereign Cloud, which will be located in and operate out of Europe, will have the same security, availability, and performance as existing AWS regions but will be separate from them. The cloud will let customers keep all metadata they create in the European Union and will have its own billing and usage metering systems.“The AWS European Sovereign Cloud reinforces our commitment to offering AWS customers the most advanced set of sovereignty controls, privacy safeguards, and security features available in the cloud,” Max Peterson, vice president of Sovereign Cloud at AWS, said in a written statement. Transatlantic data protection has been a growing concern since the European Union’s top court struck down a data sharing agreement in 2020 known as Privacy Shield. ...

MSC Industrial: Fiscal Q4 Earnings Snapshot

Published Wed, 12 Feb 2025 15:25:39 GMT

MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — MSC Industrial Direct Co. (MSM) on Wednesday reported fiscal fourth-quarter earnings of $87.6 million.The Melville, New York-based company said it had net income of $1.56 per share. Earnings, adjusted for one-time gains and costs, came to $1.64 per share.The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.62 per share.The distributor of industrial tools and supplies posted revenue of $1.04 billion in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $1.01 billion.For the year, the company reported profit of $343.2 million, or $6.11 per share. Revenue was reported as $4.01 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSM at https://www.zacks.com/ap/MSMSource

Constellium: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 15:25:39 GMT

PARIS (AP) — PARIS (AP) — Constellium NV (CSTM) on Wednesday reported earnings of $69.7 million in its third quarter.The Paris-based company said it had net income of 47 cents per share.The aluminum company posted revenue of $1.87 billion 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 CSTM at https://www.zacks.com/ap/CSTMSource

Wales fullback Leigh Halfpenny to retire from international rugby after more than a century of caps

Published Wed, 12 Feb 2025 15:25:39 GMT

CARDIFF, Wales (AP) — Wales fullback Leigh Halfpenny is retiring from international rugby after more than a century of caps for his country.The 34-year-old Halfpenny’s final game in the Welsh red will be against the Barbarians in Cardiff on Nov. 4.Halfpenny, who has played 101 games for Wales along with four tests for the British and Irish Lions, is third on the all-time list of men’s points scorers for his country with 801 — behind Neil Jenkins (1,049) and Stephen Jones (917).He has just appeared in his third Rugby World Cup, having reached 100 caps in a World Cup warmup fixture against England in August.“There’s no better feeling running out to a full Principality Stadium wearing the Welsh jersey and singing the national anthem,” he said. “I’m going to miss it, but I will be forever grateful for the opportunities I’ve had and to every single person who has helped me along the way.”Wales coach Warren Gatland described Halfpenny as “probably the best defensive fullback in the ...

MATCHDAY: Dutch giant Ajax in a mess heading to Brighton in Europa League

Published Wed, 12 Feb 2025 15:25:39 GMT

A look at what’s happening in European soccer on Thursday:EUROPA LEAGUEThe unravelling of Ajax is proving to be one of the saddest soccer stories of the season. The Dutch giant — a four-time European champion and among the continent’s storied clubs — has made its worst ever start to a season since the advent of professional soccer in the Netherlands in 1954. Ajax has failed to win in its last eight games in all competitions — five of those have been defeats — its longest-ever run without a victory. The team is in next-to-last place in the Dutch league on the back of four straight losses and has yet to win in the Europa League, either, heading into a match at Brighton. On Monday, Ajax parted company with coach Maurice Steijn after just 11 games in charge, with former player Hedwiges Maduro taking temporary control of the team. Brighton has only one point from two games in its first season in European soccer. English teams Liverpool and West Ham are two of seven clubs on a maxim...

MarketAxess: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 15:25:39 GMT

NEW YORK (AP) — NEW YORK (AP) — MarketAxess Holdings Inc. (MKTX) on Wednesday reported third-quarter net income of $54.9 million.On a per-share basis, the New York-based company said it had net income of $1.46.The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.The operator of bond trading platforms posted revenue of $172.3 million in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $173.4 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MKTX at https://www.zacks.com/ap/MKTXSource

Wabtec: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 15:25:39 GMT

PITTSBURGH (AP) — PITTSBURGH (AP) — Westinghouse Air Brake Technologies Corp. (WAB) on Wednesday reported third-quarter net income of $240 million.The Pittsburgh-based company said it had profit of $1.33 per share. Earnings, adjusted for amortization costs and restructuring costs, were $1.70 per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share.The maker of parts for locomotives, subways and buses posted revenue of $2.55 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $2.4 billion.Wabtec expects full-year earnings in the range of $5.80 to $6 per share, with revenue in the range of $9.5 billion to $9.7 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WAB at https://www.zacks.com/ap/WABSource

Prosperity Bancshares: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 15:25:39 GMT

HOUSTON (AP) — HOUSTON (AP) — Prosperity Bancshares Inc. (PB) on Wednesday reported third-quarter earnings of $112.2 million.The Houston-based bank said it had earnings of $1.20 per share.The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.The financial holding company posted revenue of $419.1 million in the period. Its revenue net of interest expense was $278.3 million, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $278.2 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PB at https://www.zacks.com/ap/PBSource

Edmunds: Five 2024 vehicles worth waiting for

Published Wed, 12 Feb 2025 15:25:39 GMT

If you’re thinking about buying a new car but don’t need one right away, this could be a great time to show a little patience. Waiting just a few months this time of year can often coincide with the arrival of an all-new 2024 vehicle at dealerships. And because it’s new, it might have some significant advantages over a vehicle in the here and now. To give you an inside scoop on what’s coming down the pike in the next three to six months, the automotive experts at Edmunds have picked five vehicles that promise to be well worth the wait. 2024 KIA EV9 The Kia EV9’s price, practicality and futuristic design could make it a game-changing electric vehicle when it arrives later this year. While some EVs offer three rows of seating, few have anything close to adult-friendly levels of space back there. Compared to far more expensive competition, the EV9’s relatively affordable starting price of around $55,000 and huge roster of standard features mean this electric...

British leader Rishi Sunak marks a year in office with little to celebrate

Published Wed, 12 Feb 2025 15:25:39 GMT

LONDON (AP) — U.K. Prime Minister Rishi Sunak marked a year in office on Wednesday with little to celebrate as wars on the international stage make a grim backdrop to his domestic challenges.On top of that, another year seems to be haunting his Conservative Party: 1996.Then — as now — the party had been in power for well over a decade, but opinion polls put the opposition ahead and Conservative dissent and scandal dominated the headlines. The following year, voters booted the Tories out, delivering a landslide victory to Prime Minister Tony Blair’s Labour Party.Many Conservatives fear the party faces the same fate in an election that must be called by the end of 2024. The Conservatives trail between 15 and 20 points behind Labour in opinion polls — a gap that has barely moved during Sunak’s year in office.The latest Israel-Hamas conflict, now in its third week, and Russia’s ongoing war in Ukraine, have added to Sunak’s challenges.“I know this year has been tough,” Sunak ...