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BlackRock: Q2 Earnings Snapshot

Published Sat, 22 Feb 2025 14:21:47 GMT

NEW YORK (AP) — NEW YORK (AP) — BlackRock Inc. (BLK) on Friday reported second-quarter profit of $1.37 billion.On a per-share basis, the New York-based company said it had profit of $9.06. Earnings, adjusted for amortization costs and costs related to mergers and acquisitions, came to $9.28 per share.The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $8.47 per share.The investment firm posted revenue of $4.46 billion in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $4.47 billion.BlackRock shares have climbed slightly more than 4% since the beginning of the year, while the S&P’s 500 index has increased 17%. The stock has climbed 24% 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 BLK at https://www.zacks.com/ap/...

Eintracht Frankfurt signs Germany under-21 forward Jessic Ngankam from Hertha Berlin

Published Sat, 22 Feb 2025 14:21:47 GMT

FRANKFURT, Germany (AP) — Eintracht Frankfurt has signed Germany under-21 forward Jessic Ngankam from Hertha Berlin on a five-year contract.Frankfurt’s announcement on Friday will fuel speculation that its star forward Randal Kolo Muani could leave. The 24-year-old Kolo Muani, who scored 15 Bundesliga goals and set up 16 more in his debut season, has been linked with Bayern Munich and Paris Saint-Germain.Hertha, which was relegated from the Bundesliga last season, said it had done all it could to try to convince Ngankam to stay. The 22-year-old Ngankam had joined Hertha as a 6-year-old.“Unfortunately, he made another decision that we have to respect,” Hertha sporting director Benjamin Weber said. “Jessic is a true Berliner who came to us as a small boy, progressed through our academy, and from there into the professional area.”Ngankam helped Hertha’s under-19 team win the German title in 2018. He made his Bundesliga debut in May 2020 as a 19-year-old and went on to make 37 lea...

DC teen climbs mountain to help sister with her own uphill climb through life

Published Sat, 22 Feb 2025 14:21:47 GMT

(new Image()).src = "https://capi.connatix.com/tr/si?token=9be9c680-c459-4acb-af21-654a2ccca384&cid=c2ffed0c-3624-46c0-b10f-97c976d290a3";cnx.cmd.push(function() { cnx({ playerId: "9be9c680-c459-4acb-af21-654a2ccca384",mediaId: "f81ff303-4089-4d1c-ac4f-e02d69c17cec"}).render("a121e53c3a574714baa6fc8319af4a94"); });A D.C. teenager is beginning his climb up Africa’s famed Mount Kilimanjaro. He’s doing it for his sister, whose rare disease has left her with her own uphill climb since the day she was born.Two days after her birth, 20-year-old Tia Piziali was diagnosed with a disease called phenylketonuria, more commonly known as PKU. Only a few thousand people have the disease, which prevents your body from digesting protein. It’s so rare that when Tia tested positive as a newborn, the doctor ordered a retest because most of the time, the positive tests are false-positives, said her mom, Alison Reynolds.Piziali was one of the very few whose positive test resul...

Why some Virginia students’ next report cards may be a better indication of what they know

Published Sat, 22 Feb 2025 14:21:47 GMT

In a video shared on YouTube, leaders at James Madison High School in Fairfax County, Virginia, said a student’s previous test grade will be changed if their score on the next test is higher, effective in the 2023-24 school year.The school will also use a rolling a gradebook, according to the video. Fairfax County Public Schools policy allows for either a traditional or rolling gradebook.In a statement, a school system spokeswoman said its a school-based grading decision that is in alignment with the county’s grading guidelines. Schools have some latitude as long as they fall within county rules. The spokeswoman characterized the elements discussed in the video as “nothing significantly new.”Late last year, Fairfax County said it started the process of reevaluating its high school grading policy, though there hasn’t been an update on those efforts since November. Meanwhile, in nearby Arlington, Superintendent Francisco Duran recently signed off on chang...

Suspect killed at Lakeside Motel in shooting involving deputy

Published Sat, 22 Feb 2025 14:21:47 GMT

DENVER (KDVR) —A suspect is dead after a shooting involving a deputy took place early Friday morning at the Lakeside Motel.The Adams County Sheriff's Office tweeted that just after midnight that the department was involved in a shooting at the Lakeside Motel in Denver. The area is north of downtown in the Berkley neighborhood. Family of man shot and killed by Summit County deputy calls for investigation Based on the preliminary information, shots were fired when a deputy attempted to contact a suspect at the motel. The deputy believed the suspect was armed. ACSO did not say how many shots were fired. The adult male suspect was pronounced dead at the scene, but the deputy was uninjured. One lane is closed on southbound Federal Boulevard while police investigate.This is a developing story, FOX31 has a crew on scene and will update this story throughout the morning.

Denver weather: Little cooldown with a weekend storm chance

Published Sat, 22 Feb 2025 14:21:47 GMT

DENVER (KDVR) — Friday brings mostly sunny skies and mild highs in the middle 80s to the Front Range. Air quality is still low along Interstate 25, so an air quality alert is in effect until 4 p.m. in the Denver weather forecast.Pinpoint Weather: Advisories on July 14.Weather today: Sunny skies and mild temperaturesThe Denver metro will see plenty of sunshine Friday afternoon, helping highs top out in the middle 80s. Suspect killed at Lakeside Motel in shooting involving deputy Winds can become brisk in the second half of the day with a very small chance of a passing shower.Pinpoint Weather: Daily forecast on July 14.Weather tonight: Partly cloudy with southern showersClouds stick around overnight Friday with some showers possible south of the metro area. Winds will get lighter with lows dipping to the 60-degree mark.Pinpoint Weather: Overnight forecast on July 14.Looking ahead: Mild on Saturday, then warming back upHigh temperatures will start the weekend and be comfortable in t...

Davie Police investigate after car crashes into canal

Published Sat, 22 Feb 2025 14:21:47 GMT

Police responded to an area in Davie after a car was spotted in a canal. Davie Police officers were at the scene on the 13800 block of Southwest 14th Street where they investigated an area where a partially submerged vehicle was in the nearby canal, Friday morning. Sources said a barefooted woman captured on live 7Skyforce footage appeared to have been the driver of the vehicle that is now in the body of water. Officials said no injuries were reported. Authorities plan on remaining at the scene until the car is removed from the water.Police said the exact details have not been confirmed as they continue investigating the incident.

Saudi Arabia’s MBS ‘to visit UK’

Published Sat, 22 Feb 2025 14:21:47 GMT

LONDON — Saudi Crown Prince Mohammed bin Salman — known as MBS — is set to visit the U.K. later this year, it was reported Friday.According to the Financial Times, the trip is set to take place around October or November and comes amid a wider Western push to re-establish ties with the nation following the 2018 killing of Washington Post journalist Jamal Khashoggi. Bin Salman has been accused of coordinating the murder.Pressed on the reports of a visit Friday, Downing Street declined to confirm details of a foreign leader’s trip. But they repeated condemnation of Khashoggi’s killing. “We’ve been clear the murder was a terrible crime and the Saudis should ensure it never happens again,” the prime minister’s official spokesperson said. Khashoggi, who was also the editor-in-chief of the Al-Arab News Channel, was assassinated in 2018 at the Saudi consulate in Istanbul. Bin Salman has had meetings with a number of Western leaders recentl...

Meloni, Rutte and von der Leyen head to Tunisia to unlock migrant deal

Published Sat, 22 Feb 2025 14:21:47 GMT

The EU’s migration trio is headed back to Tunisia.EU chief executive Ursula von der Leyen will join Italian leader Giorgia Meloni and her Dutch counterpart, Mark Rutte, in Tunisia on Sunday in a bid to unblock a stalled deal with the country to limit migrant departures. The EU has been trying to finalize an agreement with Tunisia since June, when von der Leyen, Meloni and Rutte traveled to the country to meet Tunisian President Kaïs Saïed. The deal would see the EU provide cash to Tunisia in exchange for stronger border controls.“We hope to wrap up the discussions we kicked off in June,” the European Commission’s deputy spokesperson Dana Spinant said at a daily media briefing on Friday.  Von der Leyen announced in June that the EU is ready to provide Tunisia with over €1 billion in different areas, including trade, investment and energy cooperation. But negotiations have since slowed, with diplomats failing to strike a dea...

Commission rebuffs calls to retract US antitrust hire

Published Sat, 22 Feb 2025 14:21:47 GMT

The European Commission said there are no grounds to reverse the choice of a U.S. professor for a sensitive competition post after four European Parliament groups called for the job pick to be retracted.Renew Europe, the European People’s Party, Socialists and Democrats and Greens sent a letter to Competition Commissioner Margrethe Vestager on Friday, expressing “dismay” over the appointment of Fiona Scott Morton as chief competition economist this week. It is the first time a non-EU person has held such a senior Commission post.Commission spokesperson Dana Spinant told reporters on Friday that there is no good reason for the Commission to change course. “Following the recruitment process, the College endorsed the proposal to appoint this person to this position, the decision was made and we see no ground to reconsider,” she said.Lawmakers earlier told Vestager to “reverse the decision taken by the College” on July 11. “Though we recog...