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Acacia Research: Q4 Earnings Snapshot

Published Wed, 12 Feb 2025 16:02:21 GMT

NEW YORK (AP) — NEW YORK (AP) — Acacia Research Corp. (ACTG) on Thursday reported a fourth-quarter loss of $18.4 million, after reporting a profit in the same period a year earlier.On a per-share basis, the New York-based company said it had a loss of 50 cents. Earnings, adjusted for non-recurring costs, came to 4 cents per share.The technology patent licensor posted revenue of $13.1 million in the period.For the year, the company reported a loss of $125.1 million, or $3.13 per share, swinging to a loss in the period. Revenue was reported as $59.2 million.The company’s shares closed at $4.54. A year ago, they were trading at $3.70._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACTG at https://www.zacks.com/ap/ACTGSource

Injury rules Liverpool player Bajcetic out for the season

Published Wed, 12 Feb 2025 16:02:21 GMT

MANCHESTER, England (AP) — Stefan Bajcetic will miss the rest of the season because of injury, the Liverpool midfielder said Thursday.Bajcetic missed his team’s 1-0 loss to Real Madrid in the Champions League on Wednesday because of what was described as a “stress response” around his adductor.The 18-year-old Spanish youth international broke into Liverpool’s first team in August and has been a rare positive in a season of struggle for the Merseyside club.“Unfortunately I’ve picked up an injury that will keep me out until the end of the season,” Bajcetic wrote on Instagram. “It’s very sad to say goodbye to this amazing season for me but I understand this is part of football and will only make me stronger physically and mentally.“I would also like to say thank you to you reds for all the support through the season and I assure you I will do my best to be back stronger than ever.”Bajcetic’s absence is the latest blow for Liverpool manager Jurgen Klopp, who has ...

Tredegar: Q4 Earnings Snapshot

Published Wed, 12 Feb 2025 16:02:21 GMT

RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — Tredegar Corp. (TG) on Thursday reported a loss of $3.9 million in its fourth quarter.The Richmond, Virginia-based company said it had a loss of 11 cents per share. Earnings, adjusted for one-time gains and costs, came to 2 cents per share.The plastic films maker posted revenue of $189.1 million in the period.For the year, the company reported profit of $28.5 million, or 84 cents per share. Revenue was reported as $938.6 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TG at https://www.zacks.com/ap/TGSource

President says Poland plans to give Ukraine four MiG-29 fighter jets in the coming days and more later

Published Wed, 12 Feb 2025 16:02:21 GMT

WARSAW, Poland (AP) — President says Poland plans to give Ukraine four MiG-29 fighter jets in the coming days and more later.Source

Police investigate 2 serious crashes involving pedestrians overnight

Published Wed, 12 Feb 2025 16:02:21 GMT

DENVER (KDVR) — Police in Denver were investigating two separate crashes that involved a driver and a pedestrian overnight. According to the Denver Police Department, officers responded to two traffic crashes in the Capitol Hill neighborhood that involved pedestrians. The first crash was tweeted out by DPD at 10:44 p.m. Wednesday night at 10th and Lincoln Street. Officers said the crash involved serious injuries and was between a driver and a pedestrian who was near 10th and Lincoln. Road conditions: Wet, spring-like snow coats roadways Due to the investigation, Lincoln Street was shut down for a period of time. The second crash was reported at 12:45 a.m. Thursday at Colfax and Sherman Street. DPD said this crash also involved serious injuries between a driver and a pedestrian. Westbound Colfax was closed at Sherman while officers investigated. DPD has not provided an update on the victim's condition or who specifically was injured in either crash. FOX31 will update this story on...

Stray pig with overgrown hooves finds forever home

Published Wed, 12 Feb 2025 16:02:21 GMT

COLORADO SPRINGS, Colo. (KXRM) — A stray pig with overgrown hooves recently received some much-needed medical attention and found his happily-ever-after thanks to the Humane Society of the Pikes Peak Region and the Calhan Veterinary Clinic.HSPPR posted about Wilbur the pig on their Facebook page and said when he arrived in their care, he was covered in abrasions and cuts, had old scars all over his body, and his hooves were severely overgrown and curling inward. HSPPR said Wilbur was a stray, so their team had no idea what he had been through to leave him in such a rough condition. Courtesy: Humane Society of the Pikes Peak RegionWhat was clear, however, was that Wilbur simply needed help. So, HSPPR said they opened up one of their outdoor runs and made a sanctuary for their new friend and filled the pen with straw, an extra warm comforter, and some tasty food. The veterinary team then got to work treating Wilbur's wounds and putting him on medication. Need for pet food increasing...

ECB lifts interest rates amid financial market turmoil

Published Wed, 12 Feb 2025 16:02:21 GMT

FRANKFURT – The European Central Bank decided to raise interest rates by 0.5 percentage points to 3 percent Thursday, sticking to its previous guidance even as fears about a new financial crisis have roiled markets in recent days.Policymakers clearly opted to prioritize a continued fight against raging inflation over financial stability concerns noting that “inflation is projected to remain too high for too long.”After the collapse of two U.S. banks and turmoil at Swiss banking giant Credit Suisse, worries about a potential banking crisis raised doubts over the ECB’s previously signaled rate path — sending financial markets’ bets on a likely move today and peak interest rates on a rollercoaster ride since Monday.Today’s decision will expose ECB President Christine Lagarde to criticism that she is repeating mistakes made by former President Jean-Claude Trichet, who raised rates into the 2011 sovereign debt crisis arguing that anchoring inflation expectations is the best way to boost ...

Commission releases Net-Zero Industry Act

Published Wed, 12 Feb 2025 16:02:21 GMT

The European Commission today unveiled its Net-Zero Industry Act, a long-awaited proposal aiming at boosting Europe’s green industry.The proposed regulation is a key part of the European Green Deal Industrial Plan — the bloc’s response to Washington’s massive green subsidies package — and aims to ensure that at least 40 percent of the bloc’s demand for clean tech is made domestically by 2030.The proposal sets out targets for technologies deemed necessary to decarbonize the bloc’s economy, a move aimed at preventing the EU from deepening its reliance on third countries like China.“If we want to get to climate neutrality as we plan in 2050 and if you want to use all the opportunities this industrial revolution is throwing at us and ward off the challenges … we will need a massive scale-up of clean tech manufacturing,” Commission Vice President Frans Timmermans told reporters. Talks on the proposal went down to the wire, as commissioners sought to resolve a fight...

MBTA: Global speed restriction lifted on Mattapan Line, remains in place on Green Line

Published Wed, 12 Feb 2025 16:02:21 GMT

The MBTA announced Thursday that the global speed restriction on the Mattapan Line has been lifted, but remains on the Green Line. The global speed restriction on the Mattapan Line has been replaced with block restrictions where necessary, according to transit officials. Riders should continue to plan for longer travel times. https://twitter.com/MBTA/status/1636320187417804800The news comes one week after the T announced speed restrictions of 10 to 25 miles per hour on the Red, Orange, Blue and Green Lines due to the findings of a site visit by the Department of Public Utilities on the Red Line between Ashmont and Savin Hill stations.A day later, global speed restrictions were lifted on the Red, Orange, and Blue lines except for in localized areas. These speed restrictions follow shortly after the T announced a new slow zone report last month detailing existing restrictions.

Cup-hungry Boston Bruins shrug off shot at NHL records

Published Wed, 12 Feb 2025 16:02:21 GMT

BOSTON (AP) — In a season full of extreme numbers, the Boston Bruins know exactly what value they put on winning the most games in NHL history.“Zero,” defenseman Charlie McAvoy said last week, a day before Boston became the fastest team in history to 50 wins. “Bottom of anything I care about.”The Bruins have been cruising through the regular season, and racking up milestones along the way. But even though they could amass the most wins ever — and most points, too — the players and brass insist they don’t have any interest in the biggest regular-season records of all.“We play for the Stanley Cup,” Bruins President Cam Neely said flatly. “I tell everybody, ‘Enjoy the ride, but it’s all about the Stanley Cup.’”The Bruins were coming off back-to-back 100-point seasons – and three straight early playoff exits – when they fired coach Bruce Cassidy last summer and hired Jim Montgomery to replace him. Key players like McAvoy, a Norris Trophy contender, and Brad Marchand,...