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State Parks orders Seacliff State Beach vulnerability, adaptation study

Published Fri, 27 Dec 2024 09:12:52 GMT

APTOS — Following a carefully planned and multifaceted demolition process, the pier at Seacliff State Beach is no more and the iconic Cement Ship just off shore sits all alone for the first time in more than 90 years.But the process for determining the future of the well-trodden state park has only just begun.California State Parks officials tell the Sentinel that the agency has awarded a contract to an infrastructure advisory firm that will begin developing a Sea Level Rise Vulnerability Assessment and Shoreline Adaptational Alternative study. According to State Parks Public Safety Superintendent for the Santa Cruz District Gabe McKenna, the project is estimated to cost $290,000 and is spearheaded by Moffatt & Nichol consulting.“That will guide much of the future work and it will inform next steps on the outreach component with the public,” said McKenna, adding that the effort will inventory facilities, resources and parklands at Seacliff and New Brighton and will be “science d...

UC Santa Cruz condemns students’ ‘celebration’ of Hitler’s birthday

Published Fri, 27 Dec 2024 09:12:52 GMT

SANTA CRUZ — A group of UC Santa Cruz students are alleged to have “celebrated” Adolf Hitler’s birthday last month, singing “Happy Birthday” and eating cakes decorated with “hateful and horrific” symbols.In a letter emailed campuswide Friday, UCSC officials said the antisemitic celebration “had been referred to student conduct for follow-up and adjudication.”The April 20 “celebration” came shortly before a student parked off campus, in downtown Santa Cruz, discovered an antisemitic and anti-LGBTQIA+ flyer on their windshield, according to the campus message. The flyer included “despicable and degrading claims about Jewish people and LGBTQIA+ people,” according to the message.In response, campus authorities were said to be reaching out to Santa Cruz city officials to “ask for their support and collaboration to address the concerning flyers reported downtown.”“We unequivocally condemn these — and all — antisemitic and anti-LGBTQIA+ actions,” the message, signed by Vice Chancellor for ...

Sale closed in Palo Alto: $4.4 million for a three-bedroom home

Published Fri, 27 Dec 2024 09:12:52 GMT

463 North California Avenue – Google Street ViewA 1,771-square-foot house built in 1950 has changed hands. The property located in the 400 block of North California Avenue in Palo Alto was sold on April 11, 2023. The $4,415,000 purchase price works out to $2,493 per square foot. The property features three bedrooms, two bathrooms, a garage, and one parking space, as well as a pool in the backyard. The unit sits on a 7,440-square-foot lot.Additional houses have recently changed hands nearby:In June 2022, a 2,998-square-foot home on Washington Avenue in Palo Alto sold for $7,900,000, a price per square foot of $2,635. The home has 6 bedrooms and 4 bathrooms.On South Court, Palo Alto, in February 2023, a 1,740-square-foot home was sold for $3,715,000, a price per square foot of $2,135. The home has 3 bedrooms and 2 bathrooms.A 2,016-square-foot home on the 2300 block of South Court in Palo Alto sold in November 2022, for $3,750,000, a price per square foot of $1,860. The home has 3 bed...

Arconic: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 09:12:52 GMT

PITTSBURGH (AP) — PITTSBURGH (AP) — Arconic Corporation (ARNC) on Thursday reported first-quarter profit of $25 million.The Pittsburgh-based company said it had net income of 24 cents per share.The company posted revenue of $1.93 billion in the period.Arconic shares have climbed nearly 7% since the beginning of the year. The stock has fallen 16% 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 ARNC at https://www.zacks.com/ap/ARNCSource

Iron Mountain: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 09:12:52 GMT

PORTSMOUTH, N.H. (AP) — PORTSMOUTH, N.H. (AP) — Iron Mountain Inc. (IRM) on Thursday reported a key measure of profitability in its first quarter. The results surpassed Wall Street expectations.The Portsmouth, New Hampshire-based real estate investment trust said it had funds from operations of $284 million, or 97 cents per share, in the period.The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 93 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $64.6 million, or 22 cents per share.The real estate investment trust, based in Portsmouth, New Hampshire, posted revenue of $1.31 billion in the period, which matched Street forecasts.Iron Mountain expects full-year funds from operations in the range of $3.91 to $4 per share, with revenue in the range of $5.5 billion to $5.6 billi...

Stevanato: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 09:12:52 GMT

PADUA, Italy (AP) — PADUA, Italy (AP) — Stevanato Group SpA (STVN) on Thursday reported first-quarter earnings of $30.4 million.The Padua, Italy-based company said it had profit of 12 cents per share.The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.The maker of glass vials for COVID-19 vaccines posted revenue of $255.3 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $250.8 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STVN at https://www.zacks.com/ap/STVNSource

Alico: Fiscal Q2 Earnings Snapshot

Published Fri, 27 Dec 2024 09:12:52 GMT

FT. MYERS, Fla. (AP) — FT. MYERS, Fla. (AP) — AliCo. (ALCO) on Thursday reported a fiscal second-quarter loss of $7.8 million, after reporting a profit in the same period a year earlier.The Ft. Myers, Florida-based company said it had a loss of $1.02 per share. Losses, adjusted for non-recurring gains, were $1.62 per share.The agribusiness and land management company posted revenue of $21.3 million in the period.Alico shares have dropped roughly 2% since the beginning of the year. The stock has decreased 41% 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 ALCO at https://www.zacks.com/ap/ALCOSource

Westlake Chemical Partners: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 09:12:52 GMT

HOUSTON (AP) — HOUSTON (AP) — Westlake Chemical Partners LP (WLKP) on Thursday reported profit of $14.9 million in its first quarter.The Houston-based company said it had net income of 42 cents per share.The ethylene producer posted revenue of $307.7 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 WLKP at https://www.zacks.com/ap/WLKPSource

Becton Dickinson: Fiscal Q2 Earnings Snapshot

Published Fri, 27 Dec 2024 09:12:52 GMT

FRANKLIN LAKES, N.J. (AP) — FRANKLIN LAKES, N.J. (AP) — Becton Dickinson and Co. (BDX) on Thursday reported fiscal second-quarter earnings of $460 million.On a per-share basis, the Franklin Lakes, New Jersey-based company said it had profit of $1.53. Earnings, adjusted for one-time gains and costs, were $2.86 per share.The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.75 per share.The medical device manufacturer posted revenue of $4.82 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $4.66 billion.Becton Dickinson expects full-year earnings in the range of $12.10 to $12.32 per share, with revenue in the range of $19.2 billion to $19.3 billion.Becton Dickinson shares have climbed almost 4% since the beginning of the year, while the S&P’s 500 index has climbed 6.5%. The stock has risen nearly 6% in the last 12 months._____This story was ge...

ITT: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 09:12:52 GMT

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — ITT Corp. (ITT) on Thursday reported first-quarter earnings of $100 million.The Stamford, Connecticut-based company said it had net income of $1.20 per share. Earnings, adjusted for non-recurring gains, came to $1.17 per share.The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.The supplier of parts and services to a wide variety of industries posted revenue of $797.9 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $773.1 million.ITT expects full-year earnings in the range of $4.65 to $4.95 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 ITT at https://www.zacks.com/ap/ITTSource