Author: Press Room

Issaquah-headquartered Costco Wholesale (COST) ended in the “red” on May 29 after the big-box retailer’s Q3 per-share profit came in shy of Street estimates.The multinational’s total revenue surpassed $70 billion in its fiscal third quarter – handily beating the consensus – but a more than 15% increase in EPS to $4.93 missed expectations.But Bernstein analyst Zhihan Ma recommends buying Costco stock on the pullback as it may soon please investors with a special boost.The special boost that could ignite a rally in COST sharesOn the earnings call, Costco’s chief of finance, Gary Millerchip, acknowledged that the company is “in a…

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NEWYou can now listen to Fox News articles! A illegal immigrant from Venezuela charged in the March killing of Loyola University student Sheridan Gorman was caught with a weapon while in custody, police said.The Cook County Sheriff’s Office said Cook County Jail staff found a 6-inch shank in Jose Medina’s possession around 8 a.m. Thursday.Correctional officers searched the 26-year-old and recovered a sharpened piece of metal with a handle fashioned out of medical tape from his pants pocket, the sheriff’s office said.The Cook County State’s Attorney’s Office approved a new felony charge of possession of contraband in a penal institution…

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Caraquet Mayor Bernard Thériault says he feels vindicated after hearing Canada’s Supreme Court will hear the case he and a group of Acadian Peninsula mayors have put forward regarding the closure of the Caraquet and Tracadie courthouses in 2022. The Forum des maires de la Péninsule acadienne Inc. argues the closures violated language rights.While Thériault says residents can receive service in French at the nearest courthouse an hour away in Bathurst, N.B., the mayors say the courthouses are institutions that should be protected by official language laws.“Because a courthouse is more than a place where you do trials. A courthouse…

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The charges stem from the January 14 shooting of Julio Cesar Sosa-Celis in Minneapolis during Operation Metro Surge.An Immigration and Customs Enforcement (ICE) agent charged with shooting a Venezuelan man during a controversial immigration raid in Minnesota has been arrested in Texas, according to United States authorities.Agent Christian Castro, 52, was taken into custody on Friday after investigators from Minnesota tracked him down in the southern state, where he was arrested with assistance from the Texas Rangers and the Department of Homeland Security’s (DHS) inspector general’s office. He faces four counts of second-degree assault and one count of falsely reporting…

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Check out the companies making the biggest moves midday: Energy stocks — The group fell for a fourth straight day after President Donald Trump said he was close to making ” a final determination ” on a deal to end the U.S.-Iran war. OneOK led the S & P 500 energy sector lower, losing more than 3%. Chevron and Exxon Mobil were down 0.8% each. Occidental Petroleum shed more than 1%. Nextpower — The solar utility stock jumped 13% after the company announced it acquired battery storage company Prevalon Energy for about $365 million. Nextpower also raised its full-year revenue…

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NEWYou can now listen to Fox News articles! Pope Leo XIV met with Chicago’s far-left mayor Brandon Johnson as the mayor led a Chicago delegation that included George Floyd family lawyer Antonio Romanucci in a Thursday trip to the Vatican.Johnson gifted Pope Leo with an array of apparel from Chicago, including a Chicago Cubs hat.Joining Johnson in the delegation were a number of political, spiritual and business leaders from Chicago, including Antonio Romanucci, according to CBS News.Romanucci served as co-counsel to Ben Crump as attorneys for George Floyd’s family in their record lawsuit against the city of Minneapolis and Minneapolis…

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