Road rage incident in Aurora leaves man in critical condition
Authorities are investigating a road rage incident in Aurora that left part of Interstate 225 closed on Wednesday.
Aurora Police Department said one male was shot and is now in critical condition. APD does have a suspect in custody, however, no information has been released.
Motorists going southbound on Parker Road from I-225 should expect “significant delays” and are advised to use alternate routes. There is currently no estimate on when this area will reopen.
Lionel Shriver Warns Readers Not to Meet Their Favorite Authors
“The warts-and-all version is almost always a disappointment, and they risk a retroactive taint,” says the novelist, whose forthcoming book is “Should We Stay or Should We Go.”
Turkish markets board approves D-Market's international IPO plan
ISTANBUL (Reuters) – The Turkish Capital Markets Board said on Thursday it had approved a planned initial public offering (IPO) on international markets by D-Market, the holding company of major Turkish e-commerce platform Hepsiburada.
The company is 75% owned by Turkey’s powerful Dogan family, according to Turkish competition authority data.
VMware Inc. Q1 adjusted earnings Beat Estimates
VMware Inc. (VMW) released earnings for its first quarter that climbed from the same period last year.
The company’s earnings totaled $425 million, or $1.01 per share. This compares with $386 million, or $0.92 per share, in last year’s first quarter.
Excluding items, VMware Inc. reported adjusted earnings of $744 million or $1.76 per share for the period.
Analysts had expected the company to earn $1.73 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 9.5% to $2.99 billion from $2.73 billion last year.
VMware Inc. earnings at a glance:
-Earnings (Q1): $744 Mln. vs. $640. last year.
-EPS (Q1): $1.76 vs. $1.52 last year.
-Analysts Estimate: $1.73
-Revenue (Q1): $2.99 Bln vs. $2.73 Bln last year.
HP Q2 Profit Beats Street View
California-based PC and printer manufacturer Hewlett-Packard Co. (HPQ), Thursday reported a jump in net income for the second quarter, chiefly powered by a rise in revenue. Earnings per share for the quarter topped Wall Street view.
The company reported a net income of $1.2 billion or $0.98 per share, compared to $0.8 billion or $0.53 per share in the same quarter last year.
Excluding one-time items, the net income for the quarter was $1.2 billion or $0.93 per share, up from $0.7 billion or $0.51 per share in the same quarter last year.
Fifteen analysts polled by Thomson Reuters expected the earnings to be $0.89 per share in the quarter. Analyst estimates usually exclude special items.
The company reported revenue for the quarter of $15.9 billion, up 27.3% year over year from $12.5 billion. Twelve analysts projected revenue of $15 billion for the quarter. A 63% increase in notebook revenue was partially mitigated by a 5% decrease in Desktops.
Looking forward, the company estimates adjusted earnings of $0.81 to $0.85 per share for the third quarter. The analysts forecast an average earning of $0.75 per share in the coming quarter.
For the full year, the company expects adjusted earnings of $3.40 and $3.50 per share. The Street expects the company to make $15.1 billion in revenue with $3.3 earnings per share.
Enrique Lores, HP President, and CEO commented, “Our performance and our positive outlook for the full year reflect the relevance of our innovation, the resilience of our business model, and the operational excellence of our teams.”
Costco Q3 Results Beat Street View
Costco Wholesale Corp. (COST) on Thursday posted third-quarter net income of $1.2 billion or $2.75 per share, higher than $838 million or $1.89 per share in the year-ago quarter.
On average, 28 analysts polled by Thomson Reuters expected the company to report earnings of $2.34 per share in the quarter. Analysts’ estimates usually exclude one-time items.
Net sales rose 22 percent during the third quarter to $44.38 billion from $36.45 billion last year. Analysts were looking for revenues of $43.64 billion in the period.
Comparable sales for the third quarter were 20.6 percent and on an adjusted basis, 15.1 percent.
The stock ended Thursday’s trade at $387.50, up $1.88 or 0.49 % on the NYSE. In after-market trade, COST is down $2.99 or 0.77% to $384.51.
Shares of jailed tycoon Jimmy Lai's Next Digital set to open up 142% on trade resumption
HONG KONG, May 27 (Reuters) – Shares of tycoon Jimmy Lai’s Next Digital Ltd were set to surge 142% on resumption of trade on Thursday, a week after authorities froze assets of its jailed owner under a sweeping national security law imposed on the financial hub by Beijing.
Next Digital, which had a market value of HK$490 million based on its last trading price of HK$0.186 before a suspension, was set to open at HK$0.45.
It was quoted up as much as 3,125% in pre-trade.
PHOTOS: Interfaith Alliance of Colorado holds vigil on eve of first anniversary of George Floyd’s death – The Denver Post
The Interfaith Alliance of Colorado held a vigil Monday evening at Shorter Community AME Church in Denver, almost one year after the death of George Floyd on Monday, May 24, 2021.
Participants gathered for the event, held for survivors of police violence, mass incarceration and racism, days after the Denver Reimagining Public Safety Task Force released 112 recommendations to change policing and public safety in Denver.