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Navient: Q2 Earnings Snapshot

Published Sun, 01 Dec 2024 05:51:42 GMT

WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — Navient Corp. (NAVI) on Wednesday reported second-quarter net income of $66 million.On a per-share basis, the Wilmington, Delaware-based company said it had profit of 52 cents. Earnings, adjusted for non-recurring costs, were 70 cents per share.The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.The student loan servicing company posted revenue of $1.23 billion in the period. Its adjusted revenue was $221 million, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $228.5 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NAVI at https://www.zacks.com/ap/NAVISource

Denver weather: Heat continues with afternoon storms

Published Sun, 01 Dec 2024 05:51:42 GMT

DENVER (KDVR) — Temperatures along the Font Range will be in the lower 90s Wednesday, with isolated storms in the afternoon and evening in the Denver weather forecast.Weather today: Hot and stormyPartly to mostly sunny skies will be over Denver for the first half of the day Wednesday before some afternoon storms fire up. Sweltering temperatures have air condition technicians swamped High temperatures will top out in the middle to lower 90s with an afternoon breeze. Storms will push into the plains this evening.Pinpoint Weather: Daily forecast on July 26.Weather tonight: Partly cloudy, warmWinds will begin to slow overnight with some clouds sticking around. Low temperatures will dip into the middle 60s, keeping the Front Range above average for this time of year.Pinpoint Weather: Overnight forecast on July 26. Looking ahead: Storm chances continueThe above-average temperatures will stay through the rest of the week with highs in the lower to middle 90s on Thursday and Friday. C...

Platteville cop says she didn't notice train tracks when putting suspect in car

Published Sun, 01 Dec 2024 05:51:42 GMT

GREELEY, Colo. (AP) — A Colorado police officer on trial for putting a handcuffed woman in a parked police vehicle that was hit by a freight train testified Tuesday that she did not realize the officer who had arrived before her had parked it on the tracks.After racing to the scene, Officer Jordan Steinke said, she quickly parked her patrol vehicle behind the other one and got out because it was the quickest way “to get a gun in the fight” — hers. She explained that she was surprised the other officer was still sitting in his vehicle. Woman in back of police car hit by train files lawsuit Steinke also said she did not notice the tracks or the ground when she squatted down to arrest a kneeling Yareni Rios-Gonzalez after the suspect was ordered out of her pickup truck. The tracks and railroad crossing signs can be seen in her body camera video from the Sept. 16, 2022, incident.When pressed by Deputy District Attorney Christopher Jewkes, Steinke replied “I am sure I saw the tracks si...

Rockies place outfielder Kris Bryant on 10-day injured list with fractured finger

Published Sun, 01 Dec 2024 05:51:42 GMT

WASHINGTON (AP) — The Colorado Rockies placed outfielder Kris Bryant on the 10-day injured list with a fractured left index finger.The team said Tuesday the move is retroactive to Saturday.Bryant was hit by a pitch on his left hand in the fourth inning Saturday against the Marlins. Initial X-rays were negative. Manager Bud Black said Bryant experienced soreness, and further imaging was conducted in Washington, where the Rockies are playing the Nationals, indicating the fracture. Could a cooler July mean a better season for the Rockies? Bryant is hitting .251 with eight homers and 23 RBIs in 65 games.The Rockies recalled infielder Elehuris Montero and right-handed pitcher Riley Pint from Triple-A Albuquerque, while right-hander pitcher Karl Kauffmann, who earned his first major league win Monday night, was optioned to Albuquerque.Montero hit .198 with two homers and 13 RBIs in two prior stints with Colorado this season. Pint, a rookie, appeared in one game for the Rockies earlier t...

House panel holding public hearing on UFOs Wednesday

Published Sun, 01 Dec 2024 05:51:42 GMT

(CNN) — A House panel is holding a congressional hearing Wednesday on unidentified anomalous phenomena, also known as unidentified flying objects, or UFOs.Lawmakers on the House Oversight Committee’s subcommittee on National Security, the Border, and Foreign Affairs will hear public testimony from three individuals who previously served in the US military at 10 a.m. ET. The witnesses include: David Grusch, a former intelligence officer in the US Air Force; David Fravor, a retired US Navy commander; and Ryan Graves, a former Navy pilot.The hearing is the latest push by lawmakers, intelligence officials and military personnel working on unexplained aerial phenomena to probe the issue on a national platform.Republican Rep. Tim Burchett of Tennessee said in a news release last week announcing the hearing that the witnesses would “provide public testimony because the American people deserve the truth.”At previous congressional hearings, lawmakers have pressed the Department of Defense on...

Former Sweetwater commissioner arrested for campaign finance violations

Published Sun, 01 Dec 2024 05:51:42 GMT

Sophia Lacayo, a 45-year-old former member of the Sweetwater City Commission, finds herself on the wrong side of the law once again. Accused of violating campaign finance regulations, Lacayo faces charges related to filing false campaign reports and circumventing limits on donor contributions. According to a police report, she was arrested at around the Miami International Airport This recent arrest marks the second time Lacayo has encountered legal trouble. Back in 2020, she faced a charge of perjury for providing false information about her residency in an attempt to qualify for the position of Sweetwater Commissioner.Authorities have not disclosed the specifics of the current campaign finance violations that led to her arrest. If convicted, Lacayo could face severe penalties, including fines and potential imprisonment.

EU condemns spate of Quran burnings

Published Sun, 01 Dec 2024 05:51:42 GMT

The EU’s foreign policy chief Josef Borrell on Wednesday condemned recent Quran burnings in Denmark and Sweden.Burning the Islamic holy book “is offensive, disrespectful and a clear provocation,” Borrell said in a statement. Diversity and tolerance for religious communities are key values of the EU and “expressions of racism, xenophobia and related intolerance have no place” here, the top diplomat added.On Tuesday, a Quran was burned during far-right anti-Islam demonstrations in front of the Egyptian and Turkish embassies in Copenhagen. Sweden and Denmark have witnessed a number of recent Quran burnings, which inflamed tensions with Turkey.“Not everything that is legal is ethical,” Borrell said. Some Quran burnings by far-right protestors were authorized by police, however both the Danish and the Swedish governments have condemned the acts. Last week, demonstrators in Baghdad stormed the Swedish embassy to protest Quran burning in Sweden. Ir...

Social media shutdowns? Don’t you dare, activists warn EU

Published Sun, 01 Dec 2024 05:51:42 GMT

Dozens of international digital and human rights NGOs want the European Commission to firmly reject the possibility of its new content-moderation law being used to compel social media shutdowns. A coalition of 65 nonprofits — including Access Now, Electronic Frontier Foundation (EFF) and Article 19 — today called on Internal Market Commissioner Thierry Breton to clarify “incendiary statements” and confirm that online platforms like TikTok, Snapchat and Twitter would not be blocked during protests under the Digital Services Act (DSA). In a letter seen exclusively by POLITICO and sent to Breton, the NGOs warned that the politician’s comments could “reinforce the weaponization of Internet shutdowns” by authoritarian governments. Breton said in early July that the Commission would be able to fine and ban social media networks that don’t “immediately” remove hateful content from operating in the EU under the DSA. Breton was reacting to comm...

4 rescued sea turtles released back into the ocean off the Cape after months of rehab

Published Sun, 01 Dec 2024 05:51:42 GMT

After months of rehabilitative care at the New England Aquarium, four rescued sea turtles are back in their ocean home after being released Tuesday night off Cape Cod.A small crowd watched from West Dennis Beach as the three green sea turtles and one Kemp’s ridley, a critically endangered species, crawled across the sand and into Nantucket Sound. The animals spent more than eight months at the New England Aquarium’s Sea Turtle Hospital in Quincy. As part of their work protecting ocean animals and habitats, Aquarium scientists will be tracking and studying the movement of the three green turtles using satellite tags, which provide valuable information about where the turtles swim, feed, and travel.During the 2022 cold-stunning season, the Aquarium treated 518 live sea turtles that were rescued from the shores of Cape Cod by staff and volunteers from Mass Audubon’s Wellfleet Bay Wildlife Sanctuary. There are 13 turtles remaining at the Aquarium’s Sea Turtle Ho...

Loblaw Companies reports profit of $508 million in second quarter

Published Sun, 01 Dec 2024 05:51:42 GMT

BRAMPTON, Ont. — Loblaw Companies Ltd. reported a profit available to common shareholders of $508 million for its second quarter, an increase of 31.3 per cent from the same period last year.The parent company of Loblaws and Shoppers Drug Mart reported its profit amounted to $1.58 per diluted share for the quarter ended June 17, an increase from $1.16 per diluted share in the same quarter last year.Revenue for the 12-week period totalled $13.7 billion, up from $12.8 billion a year earlier.Food retail same-stores sales were up 6.1 per cent, while drug retail same-store sales increased by 5.7 per cent.The company says food retail sales growth was driven by a continued consumer shift to discount stores.On adjusted basis, Loblaw says it earned $1.94 per diluted share in its latest quarter, up from an adjusted profit of $1.69 per diluted share a year ago.This report by The Canadian Press was first published July 26, 2023.Companies in this story: (TSX:L)The Canadian Press