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Affiliated Managers: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 02:42:44 GMT

WEST PALM BEACH, Fla. (AP) — WEST PALM BEACH, Fla. (AP) — Affiliated Managers Group Inc. (AMG) on Monday reported third-quarter profit of $217 million.The West Palm Beach, Florida-based company said it had profit of $5.48 per share. Earnings, adjusted for non-recurring gains, came to $4.08 per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.78 per share.The asset manager posted revenue of $525.2 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $514.7 million.Affiliated Managers shares have fallen 19% since the beginning of the year. The stock has risen slightly more than 3% 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 AMG at https://www.zacks.com/ap/AMGSource

Suspect arrested after firing at officers during barricade situation

Published Tue, 25 Feb 2025 02:42:44 GMT

DENVER (KDVR) — A shelter-in-place was issued for several blocks in the Highland neighborhood in Denver on Sunday evening.The Denver Police Department told FOX31 the barricade was in the area of 35th and Navajo Street. The shelter-in-place was issued to ensure safety in the area because police were working on negotiating with a barricaded man. Arvada Police searching for possibly armed shooting suspect The situation started with a call for a person in crisis, but DPD said it turned out that the person involved had multiple warrants, and he barricaded himself in the area.According to the Denver Police Department, the suspect was taken into custody between 2 and 2:30 a.m. on Monday.Police said the suspect fired shots at Denver Police SWAT several times, however, no officers were injured.DPD will provide more information on the situation at a later time.

GOP Rep. Ken Buck plans to challenge his party's direction under Trump as he leaves the House

Published Tue, 25 Feb 2025 02:42:44 GMT

WASHINGTON (AP) — Rep. Ken Buck has had enough.When the Colorado Republican announced this past week that he would not seek reelection, he began with the type of criticism of Democratic policies that is standard fare for a hard-line conservative. But then Buck turned his ire to fellow Republicans, spending most of the three-minute announcement video accusing them of being “obsessively fixated on retribution and vengeance for contrived injustices of the past.”Buck's scorched-earth approach caught few on Capitol Hill by surprise.With a deadpan demeanor, an independent streak and a background as a federal prosecutor, Buck has gained national prominence as a House Republican fed up with Donald Trump’s lies about the 2020 presidential election he lost to Democrat Joe Biden and the Trump allies in Congress who amplify them. It's a stand few others in the GOP are taking and is a remarkable turn that shows just how deeply Trump's once-fringe lies about that race have settled into the Republ...

Singapore’s Changi Airport fully reopens Terminal 2 following dramatic makeover

Published Tue, 25 Feb 2025 02:42:44 GMT

(CNN) — Singapore’s Changi Airport has fully reopened Terminal 2 following a massive 3.5-year expansion project.And given it was voted the world’s best airport in the 2023 Skytrax Airport Awards, it should come as little surprise this was no ordinary makeover.Around 21,000 square meters (226,000 square feet) have been added to the original terminal building, providing additional infrastructure, new systems and more shopping and dining offerings.Nature is the overriding design theme in the refreshed T2, with one of the star attractions being a 14-meter-high digital waterfall display. Surrounded by a vertical garden, “The Wonderfall” is located in the departure hall and cascades over megalithic boulders.Keeping with the nature theme, over in the departure transit area travelers can take in the new Dreamscape garden, which features an array of plants, all brought alive by a “digital sky” that changes colors depending on the time of day.Meanwhile, vintage travel...

Israeli forces cut off north Gaza as Palestinian death toll from monthlong war passes 10,000

Published Tue, 25 Feb 2025 02:42:44 GMT

DEIR AL-BALAH, Gaza Strip (AP) — Israeli forces severed northern Gaza from the rest of the besieged territory and pounded it with intense airstrikes overnight into Monday, as the Palestinian death toll from a month of fighting passed 10,000. An even bloodier phase is expected as Israeli troops push into the dense confines of Gaza City.Palestinians held a mass funeral for dozens killed a day earlier in strikes in the south, where Israel has told civilians to seek refuge though it has continued to strike targets all across the coastal enclave.Troops are expected to enter Gaza City soon, Israeli media reported, and Palestinian militants who have had years to prepare are likely to fight street by street, launching ambushes from a vast network of tunnels.Casualties will likely rise on both sides in the war, which has already killed at least 10,022 Palestinians, according to Gaza’s Health Ministry, which does not distinguish between fighters and civilians. Some 1,400 Israelis have died, m...

Hate graffiti targets Boca Raton community, sparks concerns for residents

Published Tue, 25 Feb 2025 02:42:44 GMT

BOCA RATON, Fla. (WSVN) — An unsettling incident has left a quiet Boca Raton neighborhood in shock as a couple discovered offensive graffiti in front of their home, raising concerns about a disturbing trend.Phyllis Robinson was removing Halloween decorations when she noticed the graffiti. “I realized there was something written in the gutter over here, which I suppose is where it belongs: in the gutter,” she recounted. The graffiti, which included a lewd drawing and the word “Jews,” left both Robinson and her husband, Robert Winess, astounded.“It was complete astonishment that in the middle of Boca Raton, we would come out and find such an overt anti-Semitic statement,” Winess expressed. Despite the shock, Robinson remained resolute. “It’s a little bit scary, but I’m not intimidated,” she said. “If I was intimidated, I wouldn’t have put up a flag.”The couple’s display of an Israeli flag in fron...

Marvelous Monday

Published Tue, 25 Feb 2025 02:42:44 GMT

A marvelous Monday is underway setting the stage for a beautiful stretch in South Florida! Temperatures have been cool-ish in the mid to upper 60’s across Broward and Miami-Dade. The Florida Keys were in the low 70’s. Winds have turned out of the North due to high pressure building across the Gulf coast states. It will be the dominant feature all week providing for sunshine and mostly dry conditions. Only small changes happen this week with winds turning off the ocean helping temperatures slightly warm up by midweek. At best a slim shower chance, but tons of dry air will be around. Heading into Veteran’s Day highs could be nearing records with highs in the upper 80’s, in many spots. Have a wonderful week South Florida and make it a safe one!Vivian GonzalezMeteorologist, AMS Certified WSVN Channel 7

Von der Leyen announces increase in aid to Gaza

Published Tue, 25 Feb 2025 02:42:44 GMT

The EU is increasing the amount of money in humanitarian aid it is sending to Gaza, European Commission President Ursula von der Leyen said Monday. “I can announce that we are further increasing the humanitarian aid to Gaza by another €25 million,” she said, speaking at the annual meeting of the EU’s diplomatic body. Von der Leyen said that “two weeks ago we had already tripled our aid to Gaza.” This new announcement takes the European Union’s spending on humanitarian assistance for Gaza to over €100 million this year.Israel has been striking the densely populated Gaza Strip in reaction to an attack by Hamas on October 7 in which 1,400 people were killed and 240 taken hostage. Hamas-controlled health authorities in Gaza say more than 9,770 Palestinians have been killed since Hamas’ attack. Israel is facing increasing international pressure to limit civilian casualties after it rejected on Sunday growing calls for a cease-fire in Gaza, argui...

Crews working to repair water main break in Somerville

Published Tue, 25 Feb 2025 02:42:44 GMT

Public works crews are working to repair a water main break in Somerville that left a street flooded Monday morning.The break on Austin Street left rushing water running down the street and caused part of the roadway to buckle.This is a developing news story; stay with 7NEWS on-air and online for the latest details.

A whirlwind week for Montez Sweat — including a life-changing contract extension — ends with the Chicago Bears’ 7th loss

Published Tue, 25 Feb 2025 02:42:44 GMT

Forgive Montez Sweat if his enthusiasm wasn’t exactly flowing late Sunday afternoon.A day after signing a life-changing contract extension with the Chicago Bears — four years, $98 million with more than $72 million guaranteed — Sweat’s first public comments about that deal and his football future came in the minutes after his new team suffered its seventh loss of a wayward season.With a tough-to-swallow 24-17 loss to the New Orleans Saints inside the Mercedes-Benz Superdome, the stumbling Bears had a lot more on their minds than the continued orientation of their new standout pass rusher. And Sweat, who started the week on the practice field in Washington and finished it with a modest two-tackle effort for the Bears against the Saints, was still too caught up in the whirlwind to give much of a deep breakdown on all that has happened to him and for him in recent days.“It’s been a fast week,” he said. “I’ve really just been taking ...