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Brown-Forman: Fiscal Q1 Earnings Snapshot

Published Sat, 02 Nov 2024 12:30:26 GMT

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Brown-Forman Corp. (BF.A) on Wednesday reported fiscal first-quarter net income of $231 million.On a per-share basis, the Louisville, Kentucky-based company said it had profit of 48 cents.The liquor company that makes Jack Daniel’s and other brands posted revenue of $1.04 billion in the period.Brown-Forman shares have risen nearly 7% since the beginning of the year. The stock has fallen nearly 4% 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 BF.A at https://www.zacks.com/ap/BF.ASource

Hollywood’s working class turns to nonprofit funds to make ends meet during the strike

Published Sat, 02 Nov 2024 12:30:26 GMT

NEW YORK (AP) — Shawn Batey was sweating in the August sun on the 100th day of the writers strike, carrying her “IATSE Solidarity” sign on the picket line outside Netflix’s New York offices, but she was glad to be there. A props assistant and documentary filmmaker, Batey is a member of the International Alliance of Theatrical Stage Employees, the union that represents most Hollywood crew members, and has recently worked on “Pose” and “Russian Doll.” But since the writers strike began in May and the actors joined them on July 14, Batey has had trouble covering her expenses — so she applied to the emergency fund from the Entertainment Community Fund for help.“They say apply when you’re at a critical point,” said Batey, adding that she needed to show her union card, her wages and, in her case, that she’d worked as a member of the union for a certain number of years. The application is lengthy, but she said, “It is definitely worth for people to apply. Just be patient.”Batey...

Haymarket teen charged in Prince William Co. car crash that killed 19-year-old

Published Sat, 02 Nov 2024 12:30:26 GMT

The teenager driving a car that caused a crash in Prince William County, Virginia, on Saturday, leaving one man dead, has been charged with reckless driving.On Tuesday, county officials announced that a 16-year-old Haymarket boy was charged with reckless driving and driving without a license in connection to the crash that killed Qais Jailani, 19, of Haymarket.The crash happened Saturday around 1 a.m. in the area of Catharpin Road and Fallen Oaks Place in Gainesville.Police initially said Jailani was behind the wheel of a 2016 Hyundai Elantra traveling south on Catharpin Road at a high speed when a 2015 Corolla, also speeding, passed him, crossing over a double yellow line. Police said Jailani then attempted to overtake the Corolla in a “No Passing Zone,” but hit the Corolla’s bumper.The Corolla rotated and struck a 2006 Scion traveling in the opposite direction, while the Elantra that Jailani was driving left the roadway and traveled down an embankment before stri...

Brown-Forman B: Fiscal Q1 Earnings Snapshot

Published Sat, 02 Nov 2024 12:30:26 GMT

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Brown-Forman Corporation B (BF.B) on Wednesday reported fiscal first-quarter profit of $231 million.The Louisville, Kentucky-based company said it had profit of 48 cents per share.The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.The company posted revenue of $1.04 billion in the period, which also fell short of Street forecasts. Seven analysts surveyed by Zacks expected $1.05 billion.Brown-Forman B shares have risen 5% since the beginning of the year, while the S&P’s 500 index has risen 17%. The stock has decreased slightly more than 8% 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 BF.B at https://www.zacks.com/ap/BF.BSource

Revelers hurl tomatoes at each other and streets awash in red pulp in Spanish town’s Tomatina party

Published Sat, 02 Nov 2024 12:30:26 GMT

BUÑOL, Spain (AP) — Some 15,000 people, including many tourists, pasted each other with tomatoes Wednesday as Spain’s annual “Tomatina” street battle took place in the eastern town of Buñol. Workers on trucks tipped 120 tons of overripe tomatoes into the main street of the town for participants to throw.The street fight leaves both the street, its houses and participants drenched in red pulp.Tickets for the festival start at 12 euros ($13).The town hoses down the area and the revelers shower off within minutes of the hourlong noon battle finishing.The festival, held on the last Wednesday of August, was inspired by a food fight between local children in 1945 in the town, located in a tomato-producing region.Media attention in the 1980s turned it into a national and international event, drawing participants from every corner of the world.Participants use swimming goggles to protect their eyes and usually dress in T-shirts and shorts.The party is ranked by Spain as an international tou...

Vera Bradley: Fiscal Q2 Earnings Snapshot

Published Sat, 02 Nov 2024 12:30:26 GMT

ROANOKE, Ind. (AP) — ROANOKE, Ind. (AP) — Vera Bradley Inc. (VRA) on Wednesday reported earnings of $9.3 million in its fiscal second quarter.The Roanoke, Indiana-based company said it had net income of 30 cents per share. Earnings, adjusted for non-recurring costs, were 33 cents per share.The handbag and accessories company posted revenue of $128.2 million in the period.Vera Bradley expects full-year earnings to be 57 cents to 65 cents per share, with revenue in the range of $490 million to $500 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRA at https://www.zacks.com/ap/VRASource

You've been warned: Don't drive over solid white lines

Published Sat, 02 Nov 2024 12:30:26 GMT

DENVER (KDVR) — Starting Sept. 1, drivers who weave across the solid white lines and break express lane rules on certain highways will receive a warning. This is just the beginning of the crackdown.Roadway technology will track drivers on C-470 from Interstate 25 to Wadsworth Boulevard and I-25 from U.S. 36 to E-470. For the first 30 days, if you are caught weaving between the solid lines, a written warning will be sent to your registered address. Starting on Oct. 1, the warning period is over. From then on, drivers who violate the law will receive a $75 fine, which doubles if you don't pay it within 20 days. Drivers are now required to move over for these cars Even if you are sitting in traffic and you cross over the solid lines into the express lanes or try getting around another vehicle in the express lane, you will be cited. “These violations threaten the lives of all roadway users,” said Tim Hoover, a Colorado Department of Transportation spokesman. “Drivers who have made a ...

Hurricane Idalia blasts Florida after making landfall as a dangerous Category 3 storm

Published Sat, 02 Nov 2024 12:30:26 GMT

CEDAR KEY, Fla. (AP) — Hurricane Idalia made landfall on Florida’s west coast as a catastrophic Category 3 storm on Wednesday and unleashed life-threatening storm surges and rainfall across an area that has never before received such pummeling.More than 230,000 customers were without electricity as trees snapped by strong winds brought down power lines and rushing water covered streets. Along the coast, some homes were submerged to near their rooftops and structures crumpled. As the eye moved inland, destructive winds shredded signs and sent sheet metal flying. LIVE: Hurricane Idalia brings catastrophic storm surge, destructive winds to Florida’s Big Bend “We have multiple trees down, debris in the roads, do not come,” posted the fire and rescue department in Cedar Key, where a tide gauge measured the storm surge at 6.8 feet (2 meters), submerging most of hte downtown. “We have propane tanks blowing up all over the island.”Idalia came ashore in the lightly populated Big ...

Viktor Orbán tells Tucker Carlson: Trump’s the man to save the West

Published Sat, 02 Nov 2024 12:30:26 GMT

Ukraine has no chance of winning the war against Russia — and Donald Trump is the West’s only hope, Hungarian Prime Minister Viktor Orbán told controversial American TV host Tucker Carlson.In an interview Tuesday, Orbán said that Kyiv’s victory against Moscow “is not just a misunderstanding. It is a lie. It’s impossible … [Ukrainians] will run out earlier … of soldiers than the Russians. What finally will count is boots on the ground and the Russians are far stronger.” Only the U.S. can end the war, the Hungarian leader added.“We missed the historic opportunity” to admit Ukraine to NATO, Orbán told Carlson in the interview, saying that Russia is getting “stronger and stronger.” Ukraine’s admission to NATO “is not a realistic proposal at this moment, so forget about it,” he added.He also does not believe that Russians will get sick of President Vladimir Putin, and he sees little chance for Crimea to be retu...

Manhole fire in Cambridge closes Harvard Square to traffic

Published Sat, 02 Nov 2024 12:30:26 GMT

Harvard Square was closed to both vehicle and pedestrian traffic Wednesday morning due to a manhole fire, according to authorities.The Cambridge Fire Department said crews were originally called to the area of 27 Brattle Street around 8:45 a.m. for reports of a structure fire.By 9 a.m., officials said firefighters were checking for exposure to surrounding buildings, with both Cambridge police officers and Transit Police Department personnel also responding.On Twitter, the Cambridge Police Department said that as of 9:15 a.m., Harvard Square was shut down to both pedestrian and vehicle traffic as crews continued to monitor the situation.No injuries have been reported.https://twitter.com/CambridgePolice/status/1696874883211268223This is a developing story; stay with 7NEWS on-air and online for the latest updates.