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SAP: Q1 Earnings Snapshot

Published Tue, 18 Feb 2025 08:52:15 GMT

WALLDORF, Germany (AP) — WALLDORF, Germany (AP) — SAP SE (SAP) on Friday reported first-quarter earnings of $513.9 million.On a per-share basis, the Walldorf, Germany-based company said it had profit of 44 cents. Earnings, adjusted for one-time gains and costs, were $1.16 per share.The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.The business software maker posted revenue of $7.98 billion in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $7.97 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAP at https://www.zacks.com/ap/SAPSource

Investar: Q1 Earnings Snapshot

Published Tue, 18 Feb 2025 08:52:15 GMT

BATON ROUGE, La. (AP) — BATON ROUGE, La. (AP) — Investar Holding Corp. (ISTR) on Thursday reported first-quarter profit of $3.8 million.The bank, based in Baton Rouge, Louisiana, said it had earnings of 38 cents per share. Earnings, adjusted for non-recurring costs, were 51 cents per share.The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.The holding company for Investar Bank posted revenue of $32.1 million in the period. Its revenue net of interest expense was $21.2 million, which also did not meet Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ISTR at https://www.zacks.com/ap/ISTRSource

Officials: US to begin training Ukrainian troops on the Abrams tank in coming weeks

Published Tue, 18 Feb 2025 08:52:15 GMT

RAMSTEIN AIR BASE, Germany (AP) — Officials: US to begin training Ukrainian troops on the Abrams tank in coming weeks.Source

Capital Bancorp: Q1 Earnings Snapshot

Published Tue, 18 Feb 2025 08:52:15 GMT

ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Capital Bancorp, Inc. (CBNK) on Thursday reported first-quarter net income of $9.7 million.The Rockville, Maryland-based bank said it had earnings of 68 cents per share.The company posted revenue of $49.4 million in the period. Its revenue net of interest expense was $40.5 million, which fell short of Street forecasts.Capital Bancorp shares have declined 29% since the beginning of the year. The stock has declined 26% 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 CBNK at https://www.zacks.com/ap/CBNKSource

Paratici resigns at Tottenham after losing appeal in Italy

Published Tue, 18 Feb 2025 08:52:15 GMT

LONDON (AP) — Fabio Paratici, Tottenham’s managing director of football, resigned Friday after losing his appeal against a 30-month ban for his part in a false accounting scandal involving former club Juventus.Paratici, who had been in the position at Tottenham since 2021, would have been expected to play a key role in identifying and hiring the successor to Antonio Conte, who was fired last month and hasn’t yet been replaced by a permanent manager.Paratici took a leave of absence ahead of the appeal hearing after his ban was extended worldwide by FIFA last month. He was one of the officials handed bans from soccer activities when Juventus was hit with a 15-point penalty following an investigation by Turin public prosecutors into alleged false bookkeeping.Juventus denied wrongdoing and also appealed to Italy’s highest sports court within the Italian Olympic Committee, known as CONI. On Thursday, a panel referred the case back to the Italian soccer federation’s appeals court an...

U.K. Deputy Prime Minister Dominic Raab says he will resign following an investigation into bullying complaints

Published Tue, 18 Feb 2025 08:52:15 GMT

LONDON (AP) — U.K. Deputy Prime Minister Dominic Raab says he will resign following an investigation into bullying complaints.Source

Burglars crash into Pompano Beach business attempting to steal guns

Published Tue, 18 Feb 2025 08:52:15 GMT

Burglars used a car to crash into a building along the 1300 block of Southwest First Court, just off West Atlantic Boulevard. The incident happened on Friday, just before 3 a.m., and the manager of the business said the vehicle rammed into the property in an attempt to steal guns.The manager of the Declaration Defense gun range said a driver tried to smash their way into the gated section of the business to create an opening to steal the supplies inside. According to the manager, when the burglar crashed into the building, the vehicle became stuck, which led the criminals to flee on foot empty-handed.The Broward Sheriff’s Office responded to the scene and has since contacted crews to tow away the damaged car. Deputies searched the car wreck and building for clues.Video footage displayed the damage that showed a gate far from its original placement and rubble from the crash on the floor of the gun range.Investigations are currently underway to determine the people involved in t...

City leaders offering gas at Ronselli Park for Sweetwater residents

Published Tue, 18 Feb 2025 08:52:15 GMT

In a welcomed relief for drivers across South Florida, the ongoing gas shortage crisis appeared to be gradually easing up. According to recent reports, more drivers are finally finding fuel, and lines at gas stations are starting to become shorter, with more gas available for purchase.While there are still a significant number of gas stations without fuel, the news is not all bad. In Sweetwater, Mayor Orlando Lopez and City Commissioner Ian Vallecillo have teamed up with E-Z Fill Gas to bring a fuel truck to Ronselli Park, located at 250 S.W. 114th Ave.Residents can breathe a sigh of relief as the gas tanker will be available at the park at 9:30 a.m. on Friday, providing much-needed gasoline to those who need it the most.The flooding interrupted the supply chain out of Port Everglades, making it difficult for tanker trucks to refuel gas stations. The situation was exacerbated by panic buying, which caused some gas stations to run out of fuel completely. With most terminals at Port E...

Dominic Raab latest in long line of sackings and storm-outs under Britain’s Tories

Published Tue, 18 Feb 2025 08:52:15 GMT

LONDON — Sackings and dramatic resignations used to be relatively rare in British politics. Not any more.Dominic Raab’s resignation as deputy prime minister and justice secretary amid a bullying investigation marks the third dramatic Cabinet departure from Rishi Sunak’s government — even though Sunak has been prime minister for under six months.These events were once a rarity. Analysis by the Institute for Government think tank shows that ministerial resignations outside reshuffles have become far more common as the Conservatives’ current 13-year-stretch in government has carried on, when compared to the decades under Tory and Labour governments between 1979 and 2010.Including the four Conservative prime ministers forced out since 2010, a total of 39 Cabinet ministers have — outside of a reshuffle — either been sacked, quit with a pop at the government, or resigned in disgrace. Here’s POLITICO’s reminder of each and every last one of them. The coalition...

Firefighters battling house fire in Chelmsford

Published Tue, 18 Feb 2025 08:52:15 GMT

Fire crews are working to extinguish a house fire in Chelmsford on Friday morning.Video from SKY7-HD showed crews using ladder trucks to battle the flames on Quigley Avenue, which were casting a large plume of smoke into the sky. No additional information was immediately available.This is a developing news story; stay with 7NEWS on-air and online for the latest details.