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Best: Q4 Earnings Snapshot

Published Wed, 05 Mar 2025 18:18:39 GMT

HANGZHOU, China (AP) — HANGZHOU, China (AP) — Best Inc. (BEST) on Wednesday reported a fourth-quarter loss of $55.8 million, after reporting a profit in the same period a year earlier.On a per-share basis, the Hangzhou, China-based company said it had a loss of 71 cents. Losses, adjusted to account for discontinued operations and stock option expense, came to 60 cents per share.The logistics company posted revenue of $287.3 million in the period.For the year, the company reported a loss of $212.2 million, or $2.70 per share, swinging to a loss in the period. Revenue was reported as $1.12 billion.Best expects full-year revenue in the range of $1.3 billion to $1.38 billion.In the final minutes of trading on Wednesday, the company’s shares hit 73 cents. A year ago, they were trading at $3.10._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BEST at https://www.zacks.c...

PSG eliminated by Bayern Munich in Champions League last 16

Published Wed, 05 Mar 2025 18:18:39 GMT

MUNICH (AP) — Lionel Messi and Kylian Mbappé will have to wait another year for a chance to win the Champions League with Paris Saint-Germain.Bayern Munich contained the World Cup stars and beat PSG 2-0 on Wednesday to advance to the quarterfinals 3-0 on aggregate.After former PSG forward Kingsley Coman scored in the round-of-16 first leg, Eric Maxim Choupo-Moting — another former PSG player — doubled the advantage before Serge Gnabry finished off the scoring at Allianz Stadium.Shortly after having a goal ruled out for offside, and also inadvertently blocking a teammate’s shot, Choupo-Moting scored in the 61st minute to put Bayern on course for the quarterfinals and send PSG out of the Champions League in the last 16 for the second year running.Leon Goretzka and Thomas Müller teamed up to take the ball off Marco Verratti and Goretzka squared the ball for Choupo-Moting to apply a simple finish with goalkeeper Gianluigi Donnarumma stranded.Two substitutes then linked up to make ...

Earthstone Energy: Q4 Earnings Snapshot

Published Wed, 05 Mar 2025 18:18:39 GMT

THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Earthstone Energy Inc. (ESTE) on Wednesday reported fourth-quarter earnings of $129.6 million.On a per-share basis, the The Woodlands, Texas-based company said it had net income of $1.20. Earnings, adjusted for one-time items, came to $1.04 per share.The oil and gas company posted revenue of $495 million in the period.For the year, the company reported profit of $452.5 million, or $4.83 per share. Revenue was reported as $1.7 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ESTE at https://www.zacks.com/ap/ESTESource

Morant to miss 4 more games, Colorado police say no charges

Published Wed, 05 Mar 2025 18:18:39 GMT

Memphis Grizzlies guard Ja Morant will be away from the team for at least four more games, the team said on Wednesday, shortly after police announced that he will not face charges in Colorado related to the livestreamed video is which he appeared to be displaying a gun in a strip club.“Ja Morant will continue to remain away from the team for at least the next four games,” the team said with no further comment.That means Morant will miss games against Golden State on Thursday, home against Dallas on Saturday, at Dallas on Monday and at Miami on March 15. The earliest he could play is March 17 at San Antonio, and there’s no guarantee of that.Meanwhile, the Glendale Police Department said it looked into the video, which was a stream that Morant showed on his Instagram channel while he seemed to be holding a firearm, and found no proof that a crime was committed. Glendale is an enclave surrounded by the city of Denver.“In this case, it should be noted that on the night in question the G...

Greenlight Capital Re: Q4 Earnings Snapshot

Published Wed, 05 Mar 2025 18:18:39 GMT

GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Greenlight Capital Re Ltd. (GLRE) on Wednesday reported fourth-quarter net income of $34.8 million.The Grand Cayman, Cayman Islands-based company said it had profit of 91 cents per share.The property and casualty reinsurance service provider posted revenue of $145.5 million in the period. Its adjusted revenue was $143.9 million.For the year, the company reported profit of $25.3 million, or 73 cents per share. Revenue was reported as $538.5 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLRE at https://www.zacks.com/ap/GLRESource

82-year-old charged with sale of fake Michael Jordan cards

Published Wed, 05 Mar 2025 18:18:39 GMT

NEW YORK (AP) — An 82-year-old Colorado man was charged Wednesday with selling and trading fake Michael Jordan basketball cards in a scheme that prosecutors said resulted in him making more than $800,000 over four years.Mayo Gilbert McNeil was arrested in Denver, where he lives, after a complaint was unsealed in federal court in Brooklyn charging him with conspiracy to commit wire fraud, according to the Brooklyn U.S. Attorney’s office. McNeil was accused of making numerous fraudulent deals beginning in 2015, including the 2019 sale of a counterfeit card to a victim in Manhasset, New York, for $4,500, and a 2017 deal in which he traded two counterfeit cards for two authentic Tom Brady football cards.“Mr. McNeil defrauded sports memorabilia collectors of more than $800,000 by intentionally misrepresenting the authenticity of the trading cards he was peddling when, in fact, they were counterfeit,” Michael Driscoll, assistant director-in-charge of the FBI’s New York field office,...

Swarm of earthquakes at remote Alaska volcano signal unrest

Published Wed, 05 Mar 2025 18:18:39 GMT

ANCHORAGE, Alaska (AP) — A swarm of earthquakes occurring over the past few weeks has intensified at a remote Alaska volcano dormant for over a century, a possible indication of an impending eruption.The Alaska Volcano Observatory raised the alert level to advisory status for Tanaga Volcano late Tuesday after the quakes became very vigorous.“We started seeing a whole lot of earthquakes occurring, one after the other, several per minute,” said John Power, a research geophysicist with the U.S. Geological Survey stationed in Anchorage at the Alaska Volcano Observatory. There have been hundreds of small earthquakes, none larger than magnitude 2.75, but concentrated beneath the summit of the volcano, he said.“That indicates that we’re seeing significant unrest at the volcano,” Power said.“Whether or not this will lead to an eruption is something we can’t say at this point in time,” he said. “But we are concerned about it enough that we have gone and elevated the warning level.”While the ...

Jill Biden calls on men to support women fighting for rights

Published Wed, 05 Mar 2025 18:18:39 GMT

WASHINGTON (AP) — Jill Biden on Wednesday praised a group of women from around the world, including those who have been protesting against Iran’s leaders, for showing courage while fighting for their rights and called on men to “be partners” with women and support them in their cause.“As much as we need women who are willing to speak up, we need more men who are willing to listen and act,” the first lady said.“We need more men to hold each other accountable when their sisters are being hurt or left behind,” she said at a White House ceremony for the 2023 recipients of the International Women of Courage Awards. “We need more men who nurture families, who feed and teach and mentor, who build safer communities. We need more men who know that caring, collaboration and kindness are signs of strength, not weakness.“Men, we need you to support the women who are fighting for their rights and to lift up those who have been silenced,” she continued. “Be partners, be partners with ...

Sports Betting Line

Published Wed, 05 Mar 2025 18:18:39 GMT

College BasketballThursdayFAVORITELINEUNDERDOGat TOLEDO12½Miami(OH)at MICHIGAN3½Rutgersat SOUTH FLORIDA3½EastCarolinaat BAYLOR4½IowaStateMississippi State3½atFLORIDAat BALL STATE½Ohioat UCONN6½Providenceat UC IRVINE11½CSUBakersfieldat UCF7½SMUPrairie View A&M1½atJACKSONSTATEat SAM HOUSTON6½CalBaptistat KENT STATE11½NorthernIllinoisGrand Canyon2½atSEATTLEUHawaii1½atCSUFULLERTONat NEVADA4½SanJoseStateat MARYLAND-EASTERN SHORE5½MorganStateat AKRON6½Buffaloat ILLINOIS2½PennStateat QUINNIPIAC5½Maristat AUBURN½Arkansasat WICHITA STATE15½Tulsaat MIDDLE TENNESSEE½Charlotteat NORFOLK STATE10½CoppinStateat UCSB10½CalPolyat UTAH VALLEY6½TarletonStateTCU2½atKANSASSTATEat SOUTHERN2½AlabamaA&Mat SIENA1½Niagaraat UC RIVERSIDE½UCDavisat SOUTHERN UTAH3½UtahTechNBAThursdayFAVORITELINEO/UUNDERDOGat INDIANA9½(236½)Houstonat DETROITOFF(OFF)Charlotteat ORLANDOOFF(OFF)UtahGolden State1½(236)atMEMPHISat MILWAUKEEOFF(OFF)Brooklynat SACRAMENTOOFF(OFF)NewYorkNHLThursdayFAVORITELINEUNDERDOGLineat TAMPA...

Atlanta hospital closure inquiry sought by Georgia Democrats

Published Wed, 05 Mar 2025 18:18:39 GMT

ATLANTA (AP) — Democratic Georgia lawmakers, local officials and the NAACP are asking federal officials to investigate a health care system that closed hospitals in downtown Atlanta and a southern suburb, claiming Wellstar Health System has illegally discriminated against Black people and violated its tax-exempt status.State Sen. Nan Orrock, an Atlanta Democrat, said Wednesday that she and others filed complaints Tuesday with the IRS and the Office of Civil Rights at the U.S. Department of Health and Human Services.“WellStar should be held to account,” Orrock said at a news conference at the Georgia Capitol. “Wellstar should be required to repair the damage that it’s caused to this long-established system of care for the individuals formerly served by these facilities.”Based in suburban Marietta, Wellstar last November closed the 450-bed Atlanta Medical Center, a vital health care provider for many low-income residents, just months after closing the smaller Atlanta Medical Center So...