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Applied Materials Inc. Q1 adjusted earnings Beat Estimates

Treasury Reveals Details Of 2-Year, 5-Year And 7-Year Note Auctions

The Treasury Department on Thursday announced the details of this month’s auction of two-year, five-year, and seven-year notes.

The Treasury revealed it plans to sell $60 billion worth of two-year notes, $61 billion worth of five-year notes and $62 billion worth of seven-year notes.

The results of the two-year note auction will be announced next Tuesday, the results of the five-year note auction will be announced next Wednesday and the results of the seven-year note auction will be announced next Thursday.

Last month, the Treasury also sold $60 billion worth of two-year notes, $61 billion worth of five-year notes and $62 billion worth of seven-year notes.

The two-year note auction attracted above average demand, while the five-year and seven-year note auctions both attracted below average demand.

Bob Dole, former senator and Republican presidential candidate, diagnosed with stage four lung cancer

  • Bob Dole, 97, is set to begin treatment Monday.
  • Dole served as a U.S. senator from Kansas for nearly 30 years and was the Republican presidential candidate in 1996.

Bob Dole, the former U.S. senator and Republican presidential candidate, announced Thursday that he has been diagnosed with stage four lung cancer.

"My first treatment will begin on Monday. While I certainly have some hurdles ahead, I also know that I join millions of Americans who face significant health challenges of their own," Dole said in a statement.

Dole, 97, served as a U.S. senator from Kansas for nearly 30 years.

He was also Gerald Ford's vice presidential nominee in his 1976 campaign, and shortly after tested the waters in the Republican presidential primaries in 1980.

Dole secured the GOP nomination for the presidency in 1996 but fell short to Bill Clinton in the Democrat's successful bid for reelection. Conservative H. Ross Perot mounted a third-party run in the election.

Dole supported Donald Trump during the 2016 presidential campaign, telling "PBS NewsHour" that Trump "is a strong leader and he is someone who can work with Congress. There are a lot of similarities between my days in the Senate and what Donald is proposing."

More recently, Dole said he felt the Commission on Presidential Debates treated Trump unfairly during the 2020 presidential debates.

Political crossroads for Johnson and Starmer

Adam Boulton and guests assess Boris Johnson’s options ahead of his announcement on lockdown restrictions next week and the longer term prospects for Sir Keir Starmer as Labour leader after his big speech on the economy.

Joining Adam this week are Sonia Sodha, the chief leader writer at The Observer, Conservative commentator Tim Montgomerie and Sky’s chief political correspondent Jon Craig.

North lanes of I-25 shutdown near Larkspur by traffic crash.

The northbound lanes of Interstate 25 are shut down near Larkspur because of a multi-vehicle traffic crash, according to the Colorado Department of Transportation.

Expect delays as Fire & EMS crews help work this scene. pic.twitter.com/vAzXgjgbEF

— CSP Castle Rock (@CSP_CastleRock) February 18, 2021

The Thursday morning crash involves three cars and three semi-trucks, according to the Colorado State Patrol.

Drives should expect delays in the area. There were no immediate reports on injuries.

This story will be updated. 

Telephone & Data Systems Inc Announces Advance In Q4 Bottom Line

Telephone & Data Systems Inc (TDS) reported a profit for its fourth quarter that advanced from the same period last year.

The company’s profit totaled $14 million, or $0.12 per share. This compares with $12 million, or $0.10 per share, in last year’s fourth quarter.

Analysts had expected the company to earn $0.00 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 3.0% to $1.38 billion from $1.34 billion last year.

Telephone & Data Systems Inc earnings at a glance:

-Earnings (Q4): $14 Mln. vs. $12 Mln. last year.
-EPS (Q4): $0.12 vs. $0.10 last year.
-Analysts Estimate: $0.00
-Revenue (Q4): $1.38 Bln vs. $1.34 Bln last year.

Marcus & Millichap Inc. Announces Advance In Q4 Bottom Line

Marcus & Millichap Inc. (MMI) reported a profit for its fourth quarter that advanced from last year.

The company’s bottom line totaled $23.62 million, or $0.59 per share. This compares with $20.72 million, or $0.52 per share, in last year’s fourth quarter.

Analysts had expected the company to earn $0.15 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 5.2% to $250.21 million from $237.91 million last year.

Marcus & Millichap Inc. earnings at a glance:

-Earnings (Q4): $23.62 Mln. vs. $20.72 Mln. last year.
-EPS (Q4): $0.59 vs. $0.52 last year.
-Analysts Estimate: $0.15
-Revenue (Q4): $250.21 Mln vs. $237.91 Mln last year.

Applied Materials Inc. Q1 adjusted earnings Beat Estimates

Applied Materials Inc. (AMAT) reported a profit for its first quarter that increased from the same period last year.

The company’s bottom line came in at $1.13 billion, or $1.22 per share. This compares with $0.89 billion, or $0.96 per share, in last year’s first quarter.

Excluding items, Applied Materials Inc. reported adjusted earnings of $1.28 billion or $1.39 per share for the period.

Analysts had expected the company to earn $1.28 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 24.0% to $5.16 billion from $4.16 billion last year.

Applied Materials Inc. earnings at a glance:

-Earnings (Q1): $1.28 Bln. vs. $0.90 Bln. last year.
-EPS (Q1): $1.39 vs. $0.98 last year.
-Analysts Estimate: $1.28
-Revenue (Q1): $5.16 Bln vs. $4.16 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.44 – $1.56
Next quarter revenue guidance: $5.19 – $5.59 Bln