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Caterpillar: Q2 Earnings Snapshot

Published Tue, 25 Feb 2025 10:08:31 GMT

IRVING, Texas (AP) — IRVING, Texas (AP) — Caterpillar Inc. (CAT) on Tuesday reported second-quarter net income of $2.92 billion.The Irving, Texas-based company said it had net income of $5.67 per share. Earnings, adjusted for non-recurring gains, were $5.55 per share.The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $4.51 per share.The construction equipment company posted revenue of $17.32 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $16.5 billion.Caterpillar shares have risen 11% since the beginning of the year, while the S&P’s 500 index has risen 20%. The stock has increased 34% 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 CAT at https://www.zacks.com/ap/CATSource

Denver weather: More heavy rain and storms on Tuesday

Published Tue, 25 Feb 2025 10:08:31 GMT

DENVER (KDVR) — Heavy rain chances are back Tuesday as monsoon moisture is over Colorado. Showers and storms will fire up in the early afternoon with a flood watch in effect from noon until midnight in the Denver weather forecast.Pinpoint Weather: Advisories on Aug. 1. Weather today: Afternoon stormsMore clouds will be around the Front Range Tuesday, keeping highs in the middle 80s this afternoon. Video: Lightning, hail and flooding around metro Denver Rain and storms will move in during the early afternoon hours and will linger through the evening. Some storms can have gusty winds or small hail.Pinpoint Weather: Daily forecast on Aug. 1. Weather tonight: Rain exitsShowers and storms will exit the plains later Tuesday night with slowing winds. Overnight lows will dip into the low 60s, putting the city close to average low temperatures.Pinpoint Weather: Overnight forecast on Aug. 1. Looking ahead: More rain and below average temperaturesStrong showers and storms are back in the fo...

Can’t Afford Payments

Published Tue, 25 Feb 2025 10:08:31 GMT

She bought a used car without understanding the financing agreement. When her first car payment came in — she realized it takes up her entire monthly paycheck.Can she get out of the deal? It’s why she called Help Me Howard with Patrick Fraser.Life is hard for a lot of people. It’s even harder for Katrina.Katrina: I wonder what’s happened to me because I’ve always been someone that opened up to everybody.Katrina lost her home, often went hungry and struggled to get a job. Katrina: Because I didn’t have anybody to take me anywhere, and I didn’t have any transportation.Finally, she found work and went to a used car dealership, where they told her they could get her financing for a car she could afford. Katrina: I bought a car so that I won’t have to miss work — so that I have a way to work. But after signing the paperwork for the $20,000 used car at nearly 20 % interest, Katrina found out she couldn’t afford it when she got th...

A massive $1.05 billion Mega Millions jackpot is up for grabs in tonight’s drawing

Published Tue, 25 Feb 2025 10:08:31 GMT

(CNN) — One lucky winner could nab a massive $1.05 billion Mega Millions jackpot that’s up for grabs in Tuesday night’s drawing.If won, the mammoth jackpot would equal the fourth-largest prize in Mega Millions’ history, the lottery said in a news release Saturday.A grand prize winner could choose to spread it in annual payments over 29 years, or take a lump-sum option of an estimated $527.9 million,Mega Millions said.The jackpot soared past a billion dollars after no ticket matched all six numbers drawn Friday night. Tuesday’s drawing will be the 30th since the jackpot was last won in New York on April 18, according to Mega Millions.Although no one scored the jackpot Friday, there were still big winners. One ticket sold in Pennsylvania won $5 million by matching the first five numbers and activating the optional Megaplier, which is available in most states with an extra $1 purchase.Another four tickets sold in Arizona, Californi...

Flash Of Fall

Published Tue, 25 Feb 2025 10:08:31 GMT

Low humidity gets even lower today as morning dew points in the mid 50s will fade back into the upper 40s this afternoon. Combine that, with temps in the mid to upper 70s, and it’ll feel a bit more like the start of September vs. the start of August. In addition, the temps will fade fast this evening, allowing for one of the cooler overnights we’ve had in the last couple months as some of the coldest burbs head for the upper 40s! Great concert weather though if you’re heading to see Pink at Fenway or Beyonce at Gillette. Also a great evening to check out the first of two Supermoons this month. The Full Sturgeon Moon will rise in the ESE at 8:36pm. Tides are very high astronomically, so we’ll likely see some splashover at the coast around high tide near midnight tonight and again tomorrow night. The 2nd supermoon is on August 30th/31st. That “Blue” moon will be a bit closer to Earth, so appear even a bit bigger and brighter. Great weather continues...

Orioles minor league report: From Kyle Bradish to Cade Povich, a look at how every prospect GM Mike Elias has acquired is performing

Published Tue, 25 Feb 2025 10:08:31 GMT

The 2023 trade deadline is Mike Elias’ first as a buyer.Since taking over the rebuilding Orioles in November 2018, the executive vice president and general manager has sold at each deadline to build up the farm system. But when he sent Triple-A left-hander Easton Lucas to the Oakland Athletics for right-hander Shintaro Fujinami two weeks ago, it was the first time the Orioles had been on the buy side of a prospect-for-player trade during the season since Elias took over.It’s possible sometime Tuesday there could be a second, and perhaps a third. Elias said during his pre-trade deadline news conference Friday “it’s tough trading away young players” but that building the best farm system in the sport won’t cause him to be overly cautious when considering trades.“That’s not going to make us hug those guys more than we should because we did a good job scouting and developing them,” Elias said. “I don’t believe that’...

US opens safety probe into complaints from Tesla drivers that they can lose steering control

Published Tue, 25 Feb 2025 10:08:31 GMT

DETROIT (AP) — U.S. auto safety regulators have opened yet another investigation into safety problems with Tesla vehicles.This time the National Highway Traffic Safety Administration is looking into a dozen complaints about loss of steering control or loss of power steering in the 2023 Models 3 and Y electric vehicles.The probe covers an estimated 280,000 vehicles. Five drivers alleged in complaints they couldn’t steer the vehicles at all. Seven more cited a loss of power steering that required increased steering effort.There was one report of a crash but no complaints of any injuries.The agency says in a document posted Tuesday on its website that loss of steering control can be accompanied by messages to drivers indicating that the power steering assist has been reduced or disabled. The document says investigators will look into how often the problem happens, manufacturing processes and the severity of the problem. The probe is at least the fifth started by the agency into T...

George Weston reports $498 million profit in Q2, lower than year before

Published Tue, 25 Feb 2025 10:08:31 GMT

TORONTO — George Weston Ltd. says its latest quarter delivered a profit attributable to common shareholders of $498 million.The company, which holds large stakes in Loblaw Companies Ltd. and Choice Properties Real Estate Investment Trust, says the second-quarter profit was almost 22 per cent lower than the earnings it reported a year earlier.The company says the decrease was primarily driven by unfavourable liabilities linked to Choice Properties.George Weston says its adjusted net earnings available to common shareholders totalled $377 million for the period ended June 30, up from $328 million a year before.On an adjusted basis, George Weston says it earned $2.68 per diluted share, up from an adjusted profit of $2.23 per diluted share a year earlier.Revenue for the quarter totalled $13.88 billion, up from $12.97 billion in the same quarter last year.George Weston says its results were buoyed by increased sales at Loblaw and Choice Properties’ plans to open 1.6 million square ...

Hong Kong official vows to mull legal changes after discovery of whale carcass sparked anger

Published Tue, 25 Feb 2025 10:08:31 GMT

HONG KONG (AP) — A Hong Kong government official vowed Tuesday to mull legal changes and set up protocols to better protect whales after the discovery of a carcass sparked anger on social media and speculation that sightseers had contributed to the animal’s death.Secretary for Environment and Ecology Tse Chin-wan said it was unclear whether wounds on the whale had caused its death. But he suggested whale-watching activities could have disturbed or hurt the whale after it was first spotted in the city in mid-July.“The incident shows we might have treated wildlife in an inappropriate way,” Tse said in a news briefing.He pledged to strengthen public education, set up protocols to handle whales in the city’s waters and review existing laws, which he said had created challenges for officials to restrict vessels from entering certain areas.On Monday, many commenters on social media blamed the whale’s death on sightseers who had flocked to the area over the past two weeks after...

Girl, 15, arrested in string of GTA break and enters, stolen vehicles

Published Tue, 25 Feb 2025 10:08:31 GMT

A teenage girl is facing more than a dozen charges in connection with a string of late-night break and enters at residences across the GTA.Police allege the suspect broke into seven homes in the area of Upper Middle Road and Eighth Line in Oakville between July 1 and July 11, with similar break and enters occurring in York and Peel regions.Investigators say the homes were broken into overnight while the residents were sleeping. Six vehicles were stolen along with cash and other valuables.A suspect was identified through a joint investigation led by Halton Regional Police Service, in partnership with police from Peel and York.On July 27, the suspect was spotted by officers driving a stolen vehicle in Scarborough and was subsequently arrested. The investigation also led to the recovery of seven stolen vehicles.Investigators executed a search warrant at a home in Mississauga, seizing a modified replica firearm and recovering a number of other stolen items, including car keys, garage do...