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Wisc. fake Trump electors settle suit, admit that Biden won

Published Sat, 22 Feb 2025 10:30:03 GMT

By Scott Bauer | Associated PressMADISON, Wis. — Ten Republicans who posed as fake electors for former President Donald Trump in Wisconsin and filed paperwork falsely saying he had won the battleground state have settled a civil lawsuit and admitted their actions were part of an effort to overturn President Joe Biden’s victory, attorneys who filed the case announced Wednesday.Under the agreement, the fake electors acknowledged that Biden won the state, withdrew their filings and agreed not to serve as presidential electors in 2024 or any other election where Trump is on the ballot.The 10 fake electors agreed to send a statement to the government offices that received the Electoral College votes saying that their actions were “part of an attempt to improperly overturn the 2020 presidential election results.”The settlement marks the first time that any Trump electors have revoked their filings sent to Congress purporting that Trump had won in seven battleground state...

Man who stabbed, cut Redwood City girl 100 times denied parole

Published Sat, 22 Feb 2025 10:30:03 GMT

(KRON) -- A Bay Area child sex offender who served nearly three decades behind bars refused to attend his own parole hearing on Tuesday, prosecutors said. Eric Umali is serving a 16 years-to-life sentence for attempting to murder a young girl in a Redwood City apartment complex on July 19, 1996. Umali and the 9-year-old girl were neighbors, and prosecutors described the vicious stabbing as "inexplicable."Umali, 54, was denied parole Tuesday morning for at least five more years by the California Department of Corrections and Rehabilitation's Board of Parole Hearings. The board made its decision while Umali remained in his prison cell."The Board found the prisoner remains an unreasonable risk of danger to the community if released and denied him a parole date," the San Mateo County District Attorney's Office wrote. At the time of the Redwood City knife attack, Umali was a 26-year-old convicted child sex offender. He cut and stabbed the 9-year-old girl 100 times, according to reports. ...

Centrist Ohio Democrat Quietly Removes Name From Letter Calling for Gaza Ceasefire

Published Sat, 22 Feb 2025 10:30:03 GMT

The day before a temporary truce in Gaza expired, 12 House Democrats called for a ceasefire in a letter to President Joe Biden. Within a few days, as Israel intensified its assault on Gaza, killing hundreds more Palestinians, the number of signatories dropped to 11. Rep. Joyce Beatty, D-Ohio, quietly removed her name from the December 1 letter. Her office did not respond to an inquiry about the stealth edit.The letter, led by Rep. Troy Carter, D-La., thanks Biden for efforts to bring about the humanitarian pause and return of hostages, celebrating his administration for “the highest level of diplomacy and leadership in the pursuit of peace.”The Democrats went on to ask the president to push for a lasting ceasefire. “We urge you to use your immense influence and the full power of your office to continue negotiations and extend the bilateral pause beyond tomorrow so that both sides can build towards a bilateral ceasefire and, ultimately, a two-state solution,” they wrote. Am...

Stock market today: Wall Street slips as tumbling crude oil prices drag down energy stocks

Published Sat, 22 Feb 2025 10:30:03 GMT

NEW YORK (AP) — Wall Street ticked lower Wednesday after another sharp slide for the price of crude dragged down oil-and-gas stocks.The S&P 500 slipped 17.84, or 0.4%, to 4,549.34 for its third straight loss, locking in its longest losing streak since October. Each of those drops was modest, though, and the index remains near its best level in 20 months.The Dow Jones Industrial Average fell 70.13, or 0.2%, to 36,054.43, and the Nasdaq composite lost 83.20, or 0.6%, to 14,146.71.Energy stocks had the market’s worst drops by far. Halliburton sank 3.6%, and Marathon Oil fell 3.5% after crude oil touched its lowest price since June.A barrel of benchmark U.S. crude tumbled roughly 4% as expectations build that the world has too much oil available for the global economy’s demand. It sank below $70, down more than $20 since September. Brent crude, the international standard, fell 3.8% to $74.30 per barrel.Losses for Big Tech stocks, which are some of Wall Street’s most influential, als...

Chewy: Fiscal Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:30:03 GMT

PLANTATION, Fla. (AP) — PLANTATION, Fla. (AP) — Chewy Inc. (CHWY) on Wednesday reported a loss of $35.8 million in its fiscal third quarter.The Plantation, Florida-based company said it had a loss of 8 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 15 cents per share.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.The online pet store posted revenue of $2.74 billion in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $2.75 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHWY at https://www.zacks.com/ap/CHWYSource

Verint: Fiscal Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:30:03 GMT

MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Verint Systems Inc. (VRNT) on Wednesday reported fiscal third-quarter profit of $12.6 million.The Melville, New York-based company said it had profit of 12 cents per share. Earnings, adjusted for one-time gains and costs, were 65 cents per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.The maker of software for analyzing intercepted communications posted revenue of $218.5 million in the period. Its adjusted revenue was $218.7 million, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $216.3 million.Verint expects full-year earnings to be $2.65 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 VRNT at https://www.zacks.com/ap/VRNTSource

Argan: Fiscal Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:30:03 GMT

ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Argan Inc. (AGX) on Wednesday reported fiscal third-quarter earnings of $5.5 million.The Rockville, Maryland-based company said it had profit of 40 cents per share.The builder of energy plants posted revenue of $163.8 million in the period.Argan shares have risen 29% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $47.74, a climb of 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 AGX at https://www.zacks.com/ap/AGXSource

Sprinkler: Fiscal Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:30:03 GMT

NEW YORK (AP) — NEW YORK (AP) — Sprinkler Inc. (CXM) on Wednesday reported fiscal third-quarter net income of $17 million.The New York-based company said it had net income of 6 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 11 cents per share.The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.The customer experience software developer posted revenue of $186.3 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $180.1 million.For the current quarter ending in January, Sprinkler expects its per-share earnings to range from 8 cents to 9 cents.The company said it expects revenue in the range of $187.5 million to $189.5 million for the fiscal fourth quarter.Sprinkler expects full-year earnings in the range of 36 cents to 37 cents per share, with revenue ranging from $725.5 million to $727.5 m...

Veeva: Fiscal Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 10:30:03 GMT

PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — Veeva Systems Inc. (VEEV) on Wednesday reported fiscal third-quarter net income of $135.2 million.On a per-share basis, the Pleasanton, California-based company said it had profit of 83 cents. Earnings, adjusted for stock option expense and amortization costs, were $1.34 per share.The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.The provider of cloud-based software services for the life sciences industry posted revenue of $616.5 million in the period, which also topped Street forecasts. Eleven analysts surveyed by Zacks expected $615.9 million.For the current quarter ending in January, Veeva expects its per-share earnings to be $1.30.The company said it expects revenue in the range of $620 million to $622 million for the fiscal fourth quarter.Veeva expects full-year earnings to be $4.76 per share, with revenue ranging from $2.3...

Coastal Carolina’s Ellis retires with 831 Division I victories, most among active coaches

Published Sat, 22 Feb 2025 10:30:03 GMT

CONWAY, S.C. (AP) — Coastal Carolina basketball coach Cliff Ellis, who leads all active Division I coaches with 831 victories, is retiring, he announced Wednesday.Coastal Carolina said Ellis coached his final game Monday night, a 110-46 victory against St Andrews. It said associate head coach Benny Moss will take on the role of interim coach and that Ellis will remain with the school working on special projects as he completes his contract.Ellis said in a release from the school that he planned to retire at the end of the season, “but in fairness to my players and my coaching staff, I wanted all of them, but especially the staff, to have a chance to show what they are made of.”The 78-year-old Ellis was in his 17th season at Coastal Carolina, finishing a career that also saw him lead the programs at Clemson, Auburn, South Alabama, and Cumberland of the NAIA. Including his time at Cumberland, his career record is 909-576.Ellis won eight conference regular season titles, two conf...