Home

How major US stock indexes fared Tuesday 4/18/2023

Published Sat, 02 Nov 2024 14:30:54 GMT

U.S. stock indexes are closing little changed on Wall Street following a mixed set of earnings results from big companies. The S&P 500 rose 0.1% Tuesday after drifting between small gains and losses throughout the day. The Dow and Nasdaq barely moved. Lockheed Martin rose after reporting a bigger profit than expected. On the opposite end was Goldman Sachs, which dropped after its revenue fell short of forecasts. A report also showed China’s economic growth accelerated. That raised hopes for the global economy when investors are bracing for at least one more rate hike from the Federal Reserve.On Tuesday:The S&P 500 rose 3.55 points, or 0.1%, to 4,154.87.The Dow Jones Industrial Average fell 10.55 points, or less than 0.1%, to 33,976.63.The Nasdaq composite fell 4.31 points, or less than 0.1% to 12,153.41.The Russell 2000 index of smaller companies fell 7.29 points, or 0.4%, to 1,795.55.For the week:The S&P 500 is up 17.23 points, or 0.4%.The Dow is up 90.16 points, or 0.3...

First Horizon: Q1 Earnings Snapshot

Published Sat, 02 Nov 2024 14:30:54 GMT

MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — First Horizon National Corp. (FHN) on Tuesday reported net income of $251 million in its first quarter.The Memphis, Tennessee-based bank said it had earnings of 43 cents per share. Earnings, adjusted for non-recurring costs, came to 46 cents per share.The bank holding company posted revenue of $1.09 billion in the period. Its revenue net of interest expense was $859 million, falling short of 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 FHN at https://www.zacks.com/ap/FHNSource

Torch-carrying marchers indicted in Charlottesville rally

Published Sat, 02 Nov 2024 14:30:54 GMT

RICHMOND, Va. (AP) — Nearly six years after a large gathering of white nationalists in Charlottesville erupted in violent clashes with counterprotesters, a grand jury in Virginia has indicted multiple people on felony charges for carrying flaming torches with the intent to intimidate.The Albemarle County Commonwealth’s Attorney’s Office said in a news release that the indictments relate to an event on Aug. 11, 2017. That’s when a group of white nationalists carrying torches marched through the campus of the University of Virginia, some chanting, “Jews will not replace us.”Commonwealth’s Attorney James Hingeley did not say in the release how many people have been indicted and did not immediately return a call and email seeking comment on Tuesday. According to electronic court records, the indictments against three people have been unsealed, including William Zachary Smith, of Nacona, Texas; Tyler Bradley Dykes, of Bluffton, South Carolina; and Dallas Med...

Reenactor pleads guilty to placing pipe bomb at battlefield

Published Sat, 02 Nov 2024 14:30:54 GMT

HARRISONBURG, Va. (AP) — A Civil War reenactor has pleaded guilty to charges that he planted a pipe bomb at a Virginia battlefield in 2017 and wrote letters falsely claiming that antifa protesters were to blame.Prosecutors on Tuesday announced the guilty plea from Gerald Leonard Drake, 63, of Winchester.Drake admitted during a hearing Monday in federal court in Harrisonburg that he planted a pipe bomb at Cedar Creek Battlefield during an annual reenactment in October 2017. The bomb did not detonate, but it resulted in cancellation of the reenactment after its discovery.Drake was a Civil War reenactor who regularly participated in events at Cedar Creek until he was expelled from his unit in 2014.He also admitted writing letters in 2017 and 2018 in which he falsely portrayed himself as part of a group of antifa activists who were targeting the reenactments because they believed them to glorify slavery. The letters threatened violence at subsequent Cedar Creek reenactments as well as a...

Yankees’ Stanton out 6 weeks with strained hamstring

Published Sat, 02 Nov 2024 14:30:54 GMT

NEW YORK (AP) — Giancarlo Stanton is likely to be sidelined for six weeks because of a strained left hamstring, the latest in a string of injuries for the New York Yankees slugger.Stanton has not played a full season since 2018, the first year after the Yankees acquired him from the Miami Marlins.He was hurt Saturday while running out a two-run double in the seventh inning against the Minnesota Twins. The Yankees placed him on the injured list the following day, his seventh trip to the injured list/disabled list in five seasons with the Yankees and 11th in 14 major league seasons.Yankees manager Aaron Boone gave the six-week estimate before Tuesday’s series opener against the Los Angeles Angels.Stanton missed 223 of 546 games in the previous four seasons (41%) because of a strained right biceps and strained posterior cruciate ligament in his right knee (2019), strained left hamstring (2020), strained left quadriceps (2021), and right ankle inflammation and left Achilles tendin...

Southwest Airlines, XCel Brands fall; Lockheed, Bellus rise

Published Sat, 02 Nov 2024 14:30:54 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Goldman Sachs Group Inc., down $5.77 to $333.91.The investment bank’s first-quarter revenue fell short of Wall Street forecasts.Douglas Dynamics Inc., down 74 cents to $29.09.The snowplow maker gave investors a disappointing financial update following a winter with below-average snowfall.Bellus Health Inc., up $7.18 to $14.44.GSK is buying the biopharmaceutical company for about $2 billion.Lockheed Martin Corp., up $11.77 to $501.41.The aerospace and defense company reported strong first-quarter financial results.Mercantile Bank Corp., down 74 cents to $28.75.The holding company for Mercantile Bank of Michigan reported encouraging first-quarter financial results, though deposits edged lower.XCel Brands Inc., down 4 cents to 62 cents.The brand management company reported a bigger fourth-quarter loss than Wall Street expected.Bank of New York Mellon Corp., up 66 cents to $44.89.The investment ba...

Mom, son who took zip ties into Senate convicted in 1/6 riot

Published Sat, 02 Nov 2024 14:30:54 GMT

WASHINGTON (AP) — A Tennessee man and his mother were convicted on Tuesday of charges that they stormed the Capitol, where they brought plastic zip-tie handcuffs into the Senate gallery as a mob attacked the building, court records show.U.S. District Judge Royce Lamberth convicted Eric Munchel and his mother, Lisa Eisenhart, on all 10 counts in their indictment, including a charge that they conspired to obstruct Congress from certifying President Joe Biden’s 2020 electoral victory on Jan. 6, 2021. The judge is scheduled to sentence both of them Sept. 8.Lamberth decided the case without a jury after a “stipulated bench trial,” an unusual legal proceeding in which defendants do not admit guilt to charges but agree with prosecutors that certain facts are true. At least three dozen Capitol riot defendants have resolved their cases that way — which allows defendants to preserve their right to an appeal — rather than opting for a traditional trial or pleading guilty. A jury trial fo...

Alabama police ask partygoers for images from birthday melee

Published Sat, 02 Nov 2024 14:30:54 GMT

DADEVILLE, Ala (AP) — Two days after gunfire erupted at a Sweet 16 birthday party in Alabama — killing four people, including two high school seniors — state police are asking people to come forward if they have video or photographs from the party. The Alabama Law Enforcement Agency said it has worked with the Federal Bureau of Investigation to establish a digital tip line for videos and photos. As of Tuesday morning, officials had released little information about the investigation. “Special Agents are still in the process of gathering and examining information,” the law enforcement agency said in its last public statement, which was issued Monday. “Investigators are still processing all of the evidence, in conjunction with completing interviews, in an effort to solidify a motive and potential suspects.”In addition to the four young people killed in the shooting, another 32 were injured. The dead range in age from 17 to 23. The melee rocked the sleepy town of about 3,200 people. Fa...

Damar Hamlin timeline from injury to return to Bills

Published Sat, 02 Nov 2024 14:30:54 GMT

Buffalo Bills safety Damar Hamlin has been cleared to resume playing 4 1/2 months after going into cardiac arrest and having to be resuscitated on the field during a game in Cincinnati.General manager Brandon Beane said Hamlin got clearance after meeting with a third and final specialist last week, with all three agreeing the 25-year-old can play again without fear of setbacks or complications. Here’s a look at Hamlin’s road back:JAN. 2Early in Buffalo’s Week 17 game at Cincinnati, Hamlin attempted to tackle Bengals wide receiver Tee Higgins on a routine play. Higgins’ right shoulder hit Hamlin in the chest, before Hamlin wrapped his arms around Higgins’ shoulder and helmet to drag him down.Hamlin quickly got to his feet, appeared to adjust his face mask with his right hand, then fell backward about three seconds later and lay motionless on the field. He was given medical treatment, including CPR, on the field for nearly 20 minutes before being taken in...

Barry Morphew's attorney files complaint against DA, 6 other prosecutors in case

Published Sat, 02 Nov 2024 14:30:54 GMT

DENVER (KDVR) -- Nearly a year after charges were dismissed against Barry Morphew, who was accused of killing his wife Suzanne, his attorneys are filing a complaint against the district attorney and prosecutors involved in the case.Suzanne Morphew first went missing on Mother's Day of 2020. Her body still hasn't been found.Attorney Regulation Counsel investigating complaintIn an 83-page complaint to the Colorado Office of Attorney Regulation Counsel, Morphew's attorney, Iris Eytan, laid out 12 specific complaints against 11th Judicial District Attorney Linda Stanley and six other prosecutors involved in the case.The allegations of misconduct range from unethical practices and continued pattern of discovery violations to failure to respond to security concerns for court personnel and violations of the Victims Rights Act."He was held for five months in a cage based on information that wasn’t true," Eytan said during a news conference. "She has a license to practice law more powerful t...