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Samsung unveils foldable smartphones in a bet on bending device screens

Published Mon, 16 Dec 2024 03:40:28 GMT

SEOUL, South Korea (AP) — Samsung Electronics on Wednesday unveiled two foldable smartphones as it continues to bet on devices with bending screens, a budding market that has yet to fully take off because of high prices.The clamshell-designed Galaxy Z Flip 5 and Galaxy Z Fold 5, a larger device that opens and folds like a book, will be available for pre-orders starting July 26 in certain markets including the United States and South Korea.Built with 6.7-inch and 7.6-inch main screens, the phones have bigger displays than Samsung’s previous folding devices and are equipped with more advanced cameras, providing crisper visuals and more features for work, text and video chats, movies and games, the company said. Designed to be compact and easy to carry, the Flip 5 is also built with a 3.4-inch cover screen that allows it to be used folded in half.The phones, which run on Qualcomm’s Snapdragon 8 Gen 2 processor chips, are slightly sleeker and lighter than their predecessors but designed...

Amphenol: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 03:40:28 GMT

WALLINGFORD, Conn. (AP) — WALLINGFORD, Conn. (AP) — Amphenol Corp. (APH) on Wednesday reported second-quarter earnings of $460.5 million.The Wallingford, Connecticut-based company said it had profit of 74 cents per share. Earnings, adjusted for one-time gains and costs, were 72 cents per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.The maker of fiber-optic products posted revenue of $3.05 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $2.93 billion.For the current quarter ending in September, Amphenol expects its per-share earnings to range from 72 cents to 74 cents.The company said it expects revenue in the range of $3.04 billion to $3.1 billion for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $3.16 billion.Amphenol shares have climbed 11% since the beginning of the year, while ...

Tower Semiconductor: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 03:40:28 GMT

MIGDAL HAEMEK, Israel (AP) — MIGDAL HAEMEK, Israel (AP) — Tower Semiconductor Ltd. (TSEM) on Wednesday reported earnings of $51.2 million in its second quarter.The Migdal Haemek, Israel-based company said it had net income of 46 cents per share.The chipmaker posted revenue of $357.2 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 TSEM at https://www.zacks.com/ap/TSEMSource

Popular: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 03:40:28 GMT

HATO REY, Puerto Rico (AP) — HATO REY, Puerto Rico (AP) — Popular Inc. (BPOP) on Wednesday reported second-quarter net income of $150.8 million.The Hato Rey, Puerto Rico-based bank said it had earnings of $2.10 per share.The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $954.5 million in the period. Its revenue net of interest expense was $692.1 million, topping Street forecasts.Popular shares have climbed nearly 2% since the beginning of the year. The stock has fallen 15% 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 BPOP at https://www.zacks.com/ap/BPOPSource

Farmers National: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 03:40:28 GMT

CANFIELD, Ohio (AP) — CANFIELD, Ohio (AP) — Farmers National Banc Corp. (FMNB) on Wednesday reported second-quarter profit of $15 million.The bank, based in Canfield, Ohio, said it had earnings of 40 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 41 cents per share.The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.The bank posted revenue of $62.3 million in the period. Its revenue net of interest expense was $44 million, also missing Street forecasts. Three analysts surveyed by Zacks expected $46.9 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMNB at https://www.zacks.com/ap/FMNBSource

Ryder: Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 03:40:28 GMT

MIAMI (AP) — MIAMI (AP) — Ryder System Inc. (R) on Wednesday reported a loss of $18 million in its second quarter.On a per-share basis, the Miami-based company said it had a loss of 40 cents. Earnings, adjusted for non-recurring costs, were $3.61 per share.The truck leasing company posted revenue of $2.88 billion in the period.For the current quarter ending in September, Ryder expects its per-share earnings to range from $3 to $3.25. Analysts surveyed by Zacks had forecast adjusted earnings per share of $3.24.The company expects full-year earnings in the range of $12.20 to $12.70 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 R at https://www.zacks.com/ap/RSource

SWAT arrests alleged kidnapper, victim taken to hospital

Published Mon, 16 Dec 2024 03:40:28 GMT

DENVER (KDVR) — Police in Wheat Ridge have taken a suspect who allegedly kidnapped a woman into custody following a SWAT operation.Just after 4:30 a.m., the Wheat Ridge Police Department sent out a reverse 911 call to those in the area of the 10200 block of 44th Avenue due to a large SWAT presence. The area is south of Fruitdale Park.At 6:50 a.m., WRPD said officers had taken a suspect into custody. Woman shot, killed by Westminster officer The Arapahoe County Sheriff's Office confirmed that a missing woman, Jessica Meise, 43, was found alive in Wheat Ridge. Tuesday night, an endangered missing alert was sent out for Meise after she was last seen being forcibly kidnapped/abducted by Lance Foster.Meise was taken to a local hospital, but at this time her condition is unknown. Foster is Meise's ex-boyfriend who had allegedly been stalking her. Foster was arrested by the West Metro SWAT team Wednesday morning. This is a developing situation and will be updated as more information bec...

Golden City Council bans flavored nicotine products

Published Mon, 16 Dec 2024 03:40:28 GMT

GOLDEN, Colo. (KDVR) — Golden City Council has voted to ban the sale of flavored nicotine products.The proposal passed unanimously in a meeting late Tuesday night and applies to all flavored nicotine or tobacco products, including vapes, cigarettes, cigars, and cigarillos. The proposal was getting pushback from some retailers who hosted a news conference before the council meeting to express their opposition. "I don't know if I have to file a bankruptcy in 30 days," said a retailer. "There are a lot of [other] retail stores. We are being criminalized and they'll still be selling all their products. So what is the use of banning in a Golden? So are they punishing us? Are they punishing the retail stores and convenience stores within Golden?" 2 decades later, smoking consequences to be posted at tobacco retailers Supporters said the ban would line up with the city's goals of preventing youth from starting use and reducing the number of tobacco-related health issues in the city. G...

Tyler Glasnow goes 7 strong innings, Brandon Lowe homers to help Rays beat Marlins 4-1

Published Mon, 16 Dec 2024 03:40:28 GMT

ST. PETERSBURG, Fla. (AP) — Tyler Glasnow went seven strong innings, Brandon Lowe homered and the Tampa Bay Rays beat the Miami Marlins 4-1 on Tuesday night.Glasnow (4-3) allowed one run, two hits, two walks and struck out eight.“The story was Glasnow,” Marlins manager Skip Schumaker said. “He was tough. Tough on our hitters. Couldn’t get anything going against him tonight.”Jason Adam and Pete Fairbanks completed the two-hitter, with Fairbanks working the ninth for his 12th save.Lowe made it 4-1 with a sixth-inning solo drive off reliever George Soriano. The Rays improved to 5-14 in July.“I hope it kind of sets the ship right,” Lowe said. “Kind of got out of control a little bit but hopefully lets people take a breath, relax and reset everything.”Miami’s Luis Arraez went 0 for 4 and had his major league-best batting average drop from .379 to .375.The Marlins have lost nine of 10 overall, and dropped 10 straight on the road. Miami is 2-19 against the Rays, dating to May 14, 201...

FEC asked to investigate flower shop’s $500,000 contribution to super PAC backing Suarez’s 2024 bid

Published Mon, 16 Dec 2024 03:40:28 GMT

MIAMI (AP) — A government watchdog group is asking federal regulators to investigate a $500,000 contribution to a super PAC backing Miami Mayor Francis Suarez’s presidential bid, citing possible campaign finance laws violations.The nonpartisan group Campaign Legal Center said it filed the complaint with the Federal Election Commission on Tuesday. The complaint says the business PassionForest, LLC, which sells artificial flowers on Amazon.com, did not have the financial means to make such a large contribution and was instead used to hide the identities of the true contributors to the political action committee America for Everyone, now called SOS America.Campaign Legal Center also says the artificial flower shop accused in the scheme filed a trademark application listing a Chinese address and the seller information listed by Amazon.com shows a ZIP code in Shenzhen, in southeastern China. The group says the scheme could have been meant to hide foreign contributions, which are prohibit...