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Mercantile Bank: Q1 Earnings Snapshot

Published Tue, 18 Feb 2025 23:39:15 GMT

GRAND RAPIDS, Mich. (AP) — GRAND RAPIDS, Mich. (AP) — Mercantile Bank Corp. (MBWM) on Tuesday reported first-quarter net income of $21 million.The Grand Rapids, Michigan-based bank said it had earnings of $1.31 per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.The holding company for Mercantile Bank of Michigan posted revenue of $67.4 million in the period. Its revenue net of interest expense was $55.3 million, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $53.4 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBWM at https://www.zacks.com/ap/MBWMSource

Destiny Media: Fiscal Q2 Earnings Snapshot

Published Tue, 18 Feb 2025 23:39:15 GMT

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Destiny Media Technologies Inc. (DSNY) on Monday reported a loss of $1,000 in its fiscal second quarter.On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of less than 1 cent.The distributor of secured pre-release music and video posted revenue of $899,000 in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSNY at https://www.zacks.com/ap/DSNYSource

Ericsson: Q1 Earnings Snapshot

Published Tue, 18 Feb 2025 23:39:15 GMT

STOCKHOLM (AP) — STOCKHOLM (AP) — Ericsson (ERIC) on Tuesday reported first-quarter net income of $145.1 million.The Stockholm-based company said it had net income of 4 cents per share. Earnings, adjusted for restructuring costs and amortization costs, came to 8 cents per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.The telecommunications equipment provider posted revenue of $5.99 billion in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ERIC at https://www.zacks.com/ap/ERICSource

DC police catch man who escaped jail during medical treatment

Published Tue, 18 Feb 2025 23:39:15 GMT

After more than a month, police have caught a man who escaped DC Jail staff while at a hospital for medical treatment.D.C. police said they apprehended Kenneth Phillips, 22, on Monday, after he fled Howard University Hospital on foot March 7.Before his escape, Phillips was arrested on Nov. 16, 2021 on carjacking burglary charges.The U.S. Marshals Service assisted police in Phillips’ capture.Source

More dry, windy weather sparks fire risk for DC region

Published Tue, 18 Feb 2025 23:39:15 GMT

Dry and windy conditions are once again in the forecast for Tuesday, leading to an increased risk of outdoor fires in the D.C. area.The D.C. area is technically currently experiencing drought conditions, according to Rubin-Oster a meteorologist with the National Weather Service.So far this year, the region has picked up about 6 inches of rain when normally that number should be around 11 inches at this time of the year.“This is the fifth-driest start to a year in D.C.’s history,” Rubin-Oster said. “This continues from our dry winter too.”Early Tuesday morning, the National Weather Service issued a “Red Flag Warning” for the entire region, which is set to be in effect through the afternoon and evening, with wind gusts ranging up to 35 to 45 mph. The alert came almost 10 hours after the weather agency issued a “Fire Weather Watch.”“A combination of strong winds, low relative humidity, and warm temperatures can contribute to e...

La facción paramilitar RSF de Sudán aprueba un alto el fuego de 24 horas

Published Tue, 18 Feb 2025 23:39:15 GMT

(CNN) — El jefe de las Fuerzas de Apoyo Rápido (RSF) de Sudán, Mohamed Hamdan Dagalo, aprobó un alto el fuego de 24 horas “para garantizar el paso seguro de los civiles y la evacuación de los heridos”.El “armisticio” se acordó tras una conversación con el Secretario de Estado estadounidense, Antony Blinken, dijo Dagalo, también conocido como Hemedti, en Twitter.Los intensos combates continúan por tercer día en Sudán mientras el número de muertos se acerca a 100Hemedti afirmó que su rival, las Fuerzas Armadas de Sudán, no han respetado el alto el fuego y han bombardeado zonas densamente pobladas poniendo en peligro la vida de civiles.“Esperamos nuevas conversaciones con el secretario de Estado estadounidense sobre la mejor manera de abordar estas violaciones”, declaró Hemedti.The-CNN-Wire™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.Source

Still haven’t filed your taxes? Here’s what you need to know

Published Tue, 18 Feb 2025 23:39:15 GMT

(CNN) — So far this tax season, the IRS has received more than 100 million income tax returns for 2022.That means tens of millions of households have yet to file their returns. If yours is among them, here are some last-minute tax-filing tips to keep in mind as the Tuesday, April 18 deadline approaches.Not everyone has to file on April 18: If you live in a federally declared disaster area, have a business there — or have relevant tax documents stored by businesses in that area — it’s likely the IRS has already extended the filing and payment deadlines for you. Here is where you can find the specific extension dates for each disaster area.Thanks to many rounds of extreme weather in recent months, for instance, tax filers in most of California — which accounts for 10% to 15% of all federal filers — have already been granted an extension until Oct. 16 to file and to pay, according to an IRS spokesperson.If you’re in the armed forces and are currently or were recently ...

Von der Leyen warns China — again — not to use force against Taiwan

Published Tue, 18 Feb 2025 23:39:15 GMT

European Commission President Ursula von der Leyen on Tuesday again warned China against using force in the Taiwan Strait, reiterating a message she delivered to Chinese President Xi Jinping during a high-stakes visit to Beijing earlier this month. The EU, von der Leyen said, has “consistently called for peace and stability in the Taiwan Strait, and we stand strongly against any unilateral change of the status quo, in particular by the use of force.”Her comments, made before the European Parliament, highlight the distance between herself and French President Emmanuel Macron on the issue — a disagreement that recently jumped into the spotlight while the two were jointly traveling in China. Toward the end of the trip, Macron suggested in an interview with POLITICO and the French daily Les Echos that Europe should be wary of getting drawn into a U.S.-China confrontation over Taiwan, remarks that came shortly after von der Leyen sent a stern warning to Beijing not to meddle ...

Parliament approves core EU climate legislation

Published Tue, 18 Feb 2025 23:39:15 GMT

The European Parliament gave its final blessing to key pieces of legislation that form the backbone of the EU’s flagship climate policy package — putting them one step closer to becoming law.Two years of fraught negotiations between the Parliament, the Council of the EU and the European Commission culminated last year in a compromise deal on plans to revise the bloc’s carbon market, set up a carbon tax, and create a Social Climate Fund to compensate vulnerable consumers. The files are a key part of the EU’s so-called Fit for 55 package, which was designed to help the bloc cut greenhouse-gas emissions 55 percent by 2030 against a 1990 baseline. The revision of the EU’s carbon market, known as the Emissions Trading System, includes fully integrating aviation into the mechanism and extending it to cover shipping emissions. It also compels power generators and heavy polluters to curb their pollution by 62 percent by 2030.The deal also establishes a parallel c...

UK strikes state-level trade pact with Oklahoma

Published Tue, 18 Feb 2025 23:39:15 GMT

LONDON — Britain has struck its fourth state-level trade deal in Washington on Tuesday as talks with the Biden administration for a comprehensive deal remain on ice.U.K. International Trade Minister Nigel Huddleston is in Washington to sign a pact with Oklahoma focused on boosting cross-border investment in green technologies like carbon capture, utilization and storage (CCUS).“The U.S. is our largest trading partner, and these wins reflect our successful twin-track approach to trade with the U.S., strengthening links with individual states in parallel with work with the federal government,” said Huddleston.Prime Minister Rishi Sunak pressed Joe Biden last week during his visit to Northern Ireland to get trade dialogues back on track with the aim of working towards a comprehensive deal. But the Biden administration indicates it won’t talk trade until this June, at the earliest.U.K. Business and Trade Secretary Kemi Badenoch noted in parliament Monday that “the U.S. is not doing [fre...