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KB Home: Fiscal Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 03:26:12 GMT

LOS ANGELES (AP) — LOS ANGELES (AP) — KB Home (KBH) on Wednesday reported fiscal third-quarter net income of $149.9 million.On a per-share basis, the Los Angeles-based company said it had profit of $1.80.The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share.The homebuilder posted revenue of $1.59 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.46 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KBH at https://www.zacks.com/ap/KBHSource

How major US stock indexes fared Wednesday, 9/20/2023

Published Tue, 05 Nov 2024 03:26:12 GMT

U.S. stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. While leaving the Fed’s main interest rate steady Wednesday, officials at the central bank also suggested they may cut rates next year by only half a percentage point. High rates tend to hit high-growth stocks particularly hard, and Big Tech companies were among the market’s heaviest weights.On Wednesday:The S&P 500 fell 41.75 points, or 0.9%, to 4,402.20.The Dow Jones Industrial Average fell 76.85 points, or 0.2%, to 34,440.88.The Nasdaq composite fell 209.06 points, or 1.5%, to 13,469.13.The Russell 2000 index of smaller companies fell 16.42 points, or 0.9% to 1,810.10.For the year:The S&P 500 is down 48.12 points, or 1.1%.The Dow is down 177.36 points, or 0.5%.The Nasdaq is down 239.21 points, or 1.7%The Russell 2000 is down 36.93 points, or 2%.For the year:The S&P 500 is up 562.70 points, or 14.7%.Th...

Coty, Steelcase rise; Eastern Bankshares, AdaptHealth fall, Wednesday, 9/20/2023

Published Tue, 05 Nov 2024 03:26:12 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:Coty Inc., up 51 cents to $11.98.The owner of CoverGirl and other cosmetics gave investors an encouraging sales forecast.Ford Motor Co., down 20 cents to $12.36.Workers in Canada reached a tentative contract agreement with the automaker.Pinterest Inc., up 81 cents to $27.02.The image-sharing social media platform gave investors an encouraging financial update and announced a $1 billion stock buyback plan.Steelcase Inc., up $1.70 to $10.51.The office furniture maker gave investors a strong profit forecast.Textron Inc., up $3.73 to $79.37.The maker of Cessna small planes and Bell helicopters announced a fleet agreement with NetJets.Eastern Bankshares Inc., down 79 cents to $12.64.The bank is selling its insurance operations and buying Cambridge Bancorp.AdaptHealth Corp., down 62 cents to $8.94.The home healthcare equipment company reversed a recent decision to hire Crispin Teufel as CEO.Hewlett Pa...

Grains higher, Livestock higher

Published Tue, 05 Nov 2024 03:26:12 GMT

Wheat for Dec. rose 4.75 cents at $5.8875 a bushel; Dec. corn gained 6 cents at $4.8225 a bushel, Dec. oats was up 1.25 cents at 4.36 a bushel; while Nov. soybeans rose 4.50 cents at $13.20 a bushel.Beef and pork were higher on the Chicago Mercantile Exchange. Oct. live cattle was up .10 cent at $1.8677 a pound; Sep. feeder cattle rose .67 cent at $2.5417 a pound; while Oct. lean hogs gained .92 cent at $.8577 a pound.Source

Why the power of a US attorney has become a flashpoint in the Hunter Biden case

Published Tue, 05 Nov 2024 03:26:12 GMT

WASHINGTON (AP) — House Republicans grilled Attorney General Merrick Garland on Wednesday about the Justice Department investigation of Hunter Biden in a contentious hearing that delved into aspects of the criminal justice system that typically play out long before the case enters a public courtroom.Many questions from members of Congress centered on the yearslong investigation of the president’s son, who has been under scrutiny for his business dealings and has now been indicted on a federal firearms charge alleging he lied about his drug use as he bought a gun in 2018. Internal Revenue Service agents have claimed in whistleblower testimony the investigation was “slow walked” and the authority of the prosecutor in charge was curtailed by the Justice Department. Garland has strongly denied the allegations, but they could become a main line of attack as an impeachment inquiry into President Joe Biden unfolds.While the Hunter Biden case is far from typical, it touches on some of...

Wearing No. 21 just like dad, safety Shilo Sanders leads Colorado’s defense into game at Oregon

Published Tue, 05 Nov 2024 03:26:12 GMT

BOULDER, Colo. (AP) — Colorado safety Shilo Sanders keeps moving up in the rankings — his father’s rankings, anyway, of his favorite kids. Yep, that really is a playful thing between Colorado coach Deion Sanders and his five children.It’s easy to see why Shilo Sanders received a bump in this week’s family poll after his 80-yard interception return for a score over the weekend. That play motivated his proud father to sprint down the field — most he’s run in years, he later admitted — to celebrate with his middle son.Shilo Sanders may not always garner as many headlines as his quarterback brother, Shedeur, but he’s an indispensable part of the 19th-ranked Buffaloes (3-0). Shilo Sanders earned the Pac-12 defensive player of the week honors for his interception and a forced fumble in a 43-35 win over Colorado State in double overtime. What’s more, he’s the current pick to top his father’s favorite kid list. And yep, that’s an actual betting thin...

Indignación en España por el uso de inteligencia artificial para crear imágenes falsas de niñas menores de edad desnudas

Published Tue, 05 Nov 2024 03:26:12 GMT

(CNN) — La Policía de España abrió una investigación después de que imágenes de niñas, alteradas con inteligencia artificial para quitarles la ropa, fueran enviadas a una ciudad del sur del país.Un grupo de madres de Almendralejo, en la región de Extremadura, denunciaron que sus hijas habían recibido imágenes de ellas mismas en las que aparecían desnudas.Una de las madres, Miriam Al Adib, utilizó un video publicado en su cuenta verificada de Instagram para crear conciencia sobre la situación.Ella cuenta cómo una de sus hijas le dijo que alguien había usado una aplicación para hacer una imagen de ella en la que parecía estar desnuda, y que luego descubrió que lo mismo les había sucedido a decenas de niñas más.Dirigiéndose a los responsables, Al Adib dijo: “No entienden el daño que han causado”.Francisco Mendoza, funcionario del gobierno regional, dijo al medio público local Canal Extremadura que la Policía identificó a algunos de los jóvenes que podrían estar involucrados en la...

Prosecutors will lay out case against officers in the death of Elijah McClain

Published Tue, 05 Nov 2024 03:26:12 GMT

BRIGHTON, Colo. (AP) — Prosecutors are expected to present opening statements after jury selection wraps up Wednesday in the trial of two police officers charged in the 2019 death of Elijah McClain, a Black man who was detained while walking in a Denver suburb.In the first of several trials stemming from the death of McClain, lawyers for the two sides are expected to paint contrasting pictures of the deadly struggle between the officers and the 23-year-old, who was stopped by police while returning home from a convenience store. He was unarmed.One question jurors could be asked to decide is whether it was lawful for officers Randy Roedema and Jason Rosenblatt to detain and use force against McClain, who a 911 caller had reported as being suspicious. If prosecutors can convince jurors the stop was unjustified, that would undermine any argument that McClain’s injuries were a result of the officers just doing their jobs. Elijah McClain’s manner of death remains ‘undetermined’ in amen...

Teen rescued after becoming stuck under Foresthill Bridge near Sacramento

Published Tue, 05 Nov 2024 03:26:12 GMT

PLACER COUNTY, California (KOVR) — A teen’s call for help came as he became stuck hundreds of feet up in Placer County Monday.The Placer County Sheriff’s Office says that, just before 6:30 p.m. Monday, it received a call about someone dangling from a rope on the Foresthill bridge. A 19-year-old was swinging from the underside of the bridge, while his friend, 17, was filming.Based on video obtained by Cal Fire but not released to the public, the stunt was successful — until the older teen tried to pull himself back up the rope, hanging about 30 feet.The equipment failed, causing him to be stuck under the catwalk, the sheriff’s office said. And after they determined that they couldn’t get the teen back up to the catwalk themselves, they called 911.“I think it’s a little ridiculous to do something like that,” said Auburn resident Mark Slack.The ridiculous stunt, and even just the mere idea of it, was shocking to people like Slack.“T...

Multi-vehicle accident causes SB lane closures on I-75 in Weston

Published Tue, 05 Nov 2024 03:26:12 GMT

A multi-vehicle crash along Interstate 75 in Weston has led to southbound lane closures in the middle of rush hour.Broward Sheriff Fire Rescue units responded to the scene on the southbound lanes of I-75, just north of Royal Palm Boulevard, Wednesday afternoon. The crash happened just after 5 p.m. and has left five lanes blocked.Paramedics are evaluating several people for possible injuries.Please check back on WSVN.com and 7News for more details on this breaking story.