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How major US stock indexes fared Thursday 5/11/2023

Published Tue, 17 Dec 2024 05:00:15 GMT

Wall Street edged lower, weighed down by a sharp drop for Disney and flaring fears about the health of some U.S. banks. The S&P 500 and the Dow slipped, while the Nasdaq gained ground. Some banks beaten down by the industry’s mini-panic came under pressure. PacWest tumbled after disclosing a flight of deposits last week. Also falling was Peloton Interactive, which is recalling 2.2 million of its exercise bikes because of a seat defect. In the bond market, Treasury yields slipped after another report suggested inflation is slowly heading toward normal.On Thursday:The S&P 500 fell 7.02 points, or 0.2%, to 4,130.62.The Dow Jones Industrial Average fell 221.82 points, or 0.7%, to 33,309.51.The Nasdaq composite rose 22.06 points, or 0.2% to 12,328.51.The Russell 2000 index of smaller companies fell 14.81 points, or 0.8%, to 1,744.71.For the week:The S&P 500 is down 5.63 points, or 0.1%.The Dow is down 364.87 points, or 1.1%.The Nasdaq is up 93.09 points, or 0.8%.The Russell 2...

Bsquare: Q1 Earnings Snapshot

Published Tue, 17 Dec 2024 05:00:15 GMT

SEATTLE (AP) — SEATTLE (AP) — BSquare Corp. (BSQR) on Thursday reported a loss of $71,000 in its first quarter.On a per-share basis, the Seattle-based company said it had a loss of less than 1 cent.The software and engineering services provider posted revenue of $8.1 million in the period.In the final minutes of trading on Thursday, the company’s shares hit $1.10. A year ago, they were trading at $1.31._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BSQR at https://www.zacks.com/ap/BSQRSource

Biolase: Q1 Earnings Snapshot

Published Tue, 17 Dec 2024 05:00:15 GMT

LAKE FOREST, Calif. (AP) — LAKE FOREST, Calif. (AP) — Biolase Inc. (BIOL) on Thursday reported a loss of $5.8 million in its first quarter.The Lake Forest, California-based company said it had a loss of 18 cents per share.The maker of dental laser systems posted revenue of $10.5 million in the period.In the final minutes of trading on Thursday, the company’s shares hit 24 cents. A year ago, they were trading at $3.83._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIOL at https://www.zacks.com/ap/BIOLSource

VTv Therapeutics: Q1 Earnings Snapshot

Published Tue, 17 Dec 2024 05:00:15 GMT

HIGH POINT, N.C. (AP) — HIGH POINT, N.C. (AP) — VTv Therapeutics Inc. (VTVT) on Thursday reported a loss of $4.5 million in its first quarter.The High Point, North Carolina-based company said it had a loss of 6 cents 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 VTVT at https://www.zacks.com/ap/VTVTSource

Surgalign: Q1 Earnings Snapshot

Published Tue, 17 Dec 2024 05:00:15 GMT

DEERFIELD, Ill. (AP) — DEERFIELD, Ill. (AP) — Surgalign Holdings, Inc. (SRGA) on Thursday reported profit of $4.1 million in its first quarter.On a per-share basis, the Deerfield, Illinois-based company said it had net income of 3 cents.The orthopedic implant maker posted revenue of $16.7 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 SRGA at https://www.zacks.com/ap/SRGASource

News Corp.: Fiscal Q3 Earnings Snapshot

Published Tue, 17 Dec 2024 05:00:15 GMT

NEW YORK (AP) — NEW YORK (AP) — News Corp. (NWSA) on Thursday reported fiscal third-quarter net income of $50 million.The New York-based company said it had net income of 9 cents per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.The publishing company whose flagship is The Wall Street Journal posted revenue of $2.45 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 NWSA at https://www.zacks.com/ap/NWSASource

Lineage Cell: Q1 Earnings Snapshot

Published Tue, 17 Dec 2024 05:00:15 GMT

CARLSBAD, Calif. (AP) — CARLSBAD, Calif. (AP) — Lineage Cell Therapeutics, Inc. (LCTX) on Thursday reported a loss of $4.4 million in its first quarter.The Carlsbad, California-based company said it had a loss of 3 cents per share.The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 3 cents per share.The biotechnology company posted revenue of $2.4 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $3 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LCTX at https://www.zacks.com/ap/LCTXSource

Charges dropped for Black ranchers in El Paso County

Published Tue, 17 Dec 2024 05:00:15 GMT

EL PASO COUNTY, Colo. (KDVR) -- All charges against two Black ranchers in El Paso County have been dropped, attorneys for the husband and wife said Thursday.Courtney and Nicole Mallery were arrested on Feb. 6 after being accused of stalking, petty theft and tampering with a utility meter. Nicole was later released but Courtney remained in jail.The couple claimed they were “terrorized” by their white neighbors and others in the predominately white neighborhood, in an interview with FOX31’s Talya Cunningham in early February. Man accused of murder in Colorado ranch hand’s death The El Paso County Sheriff’s Office released some of the audio from phone calls made during the dispute with a neighbor that landed the Mallerys in jail. The neighbor and the Mallerys had an ongoing feud that included several restraining orders issued between the two sides.Statement from lawyers on behalf of Mallery familyToday, prosecutors and the Court dropped all charges against the Mallerys, det...

I-95 will close southbound at 836 tonight

Published Tue, 17 Dec 2024 05:00:15 GMT

Drivers planning to travel on Interstate 95 late Thursday night will encounter southbound lane closures and a detour at State Road 836.The highway will be closed southbound starting at 11:45 p.m.Crews need to close SR 836 so they can move a crane across the interstate.They plan to be done by 5:30 a.m. on Friday.

MDPD hosts graduation ceremony for 35 new officers

Published Tue, 17 Dec 2024 05:00:15 GMT

It’s graduation day for a new group of Miami-Dade Police officers who are ready to protect and serve.The department on Thursday swore-in 35 officers at the Fire Tower Miami in Doral.The new members completed 39 weeks of academic, physical and practical training.They were instructed in areas of patrol procedures, criminal law, firearms training and crisis intervention.