
City-Run Supermarkets Aren't New. But No One's Tried Them in a City Like New York
Nowhere is the potential impact greater than in New York City, where Democratic mayoral candidate Zohran Mamdani wants to test a city-run grocery store in each of the five boroughs at a projected cost of $60 million. But New York isn't the only place where alternative models are emerging.
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Man captured on surveillance camera attempting to enter Wisconsin lawmaker's home
Wisconsin State Rep. Priscilla Prado described a "deeply unsettling experience" when a shirtless man allegedly attempted to open her front door several times late Monday night, according to her office and Wisconsin State Capitol Police. Officials said they were investigating whether Prado was targeted. The lawmaker's doorbell camera outside of her home captured the incident and Wisconsin State Police released screenshots of the suspect in hopes of identifying him. This incident comes a month after the targeted attacks in Minnesota, where lawmakers Melissa Hortman, John Hoffman and both their spouses were shot in their homes. Wisconsin State Capitol police said this is an ongoing investigation. Prado, a Democratic lawmaker from Milwaukee, Wisconsin, released a statement Tuesday afternoon saying "this has been a deeply unsettling experience, and I appreciate the influx of concern. I respectfully ask for privacy and patience as law enforcement continues its work." Authorities described the suspect as a white male in 'his late 40s to early 50s, approximately 6 feet tall, 200 pounds with shoulder length blond hair.' The subject did not end up gaining entry into the residence but could be seen walking around Prado's property for a period of time, though police did not confirm how long he was there for. The investigation into the incident is currently active and ongoing.
Yahoo
29 minutes ago
- Yahoo
Clorox Earnings Preview: What to Expect
Oakland, California-based The Clorox Company (CLX) manufactures and markets consumer and professional products. It operates through Health and Wellness, Household, Lifestyle, and International segments. With a market cap of $15.6 billion, Clorox's portfolio consists of diverse brands sold in more than 100 countries and nearly every region of the world. The company is expected to release its Q4 results after the market closes on Thursday, Jul. 31. Ahead of the event, analysts expect CLX to report an EPS of $2.24, up an impressive 23.1% from $1.82 reported in the year-ago quarter. While the company has missed Street's bottom-line estimates once over the past four quarters, it has surpassed the projections on three other occasions. More News from Barchart Opendoor Stock Is Surging Higher in a Frenzied Retail Rally. How Should You Play OPEN Shares Here? Nvidia Stock Warning: This NVDA Challenger Just Scored a Major Customer Analysts Are Cutting Their Price Targets for UnitedHealth Stock Before Q2 Earnings. Is It Time to Ditch Shares? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the full fiscal 2025, its EPS is expected to come in at $7.08, marking a solid 14.8% growth from $6.17 in fiscal 2024. But in fiscal 2026, its earnings are expected to plunge 8.6% year-over-year to $6.47 per share. CLX stock prices have dipped 2.4% over the past 52 weeks, notably underperforming the S&P 500 Index's ($SPX) 13.4% returns and the Consumer Staples Select Sector SPDR Fund's (XLP) 4.5% uptick during the same time frame. CLX stock prices dropped 2.4% in the trading session after the release of its disappointing Q3 results on May 5. Due to an unfavorable price mix, the company's organic sales dropped by 2% year-over-year. Further, its overall sales dropped 8.1% year-over-year to $1.7 billion due to divestitures of the VMS and Argentina businesses. This figure missed consensus estimates by a large margin. Moreover, its adjusted EPS plunged 15.2% year-over-year to $1.45, missing the consensus estimates by 7.6%, breaking its 10 quarters long streak of positive earnings surprises. CLX stock maintains a consensus 'Hold' rating overall, as analysts remain cautious about its prospects. Of the 18 analysts covering the stock, opinions include only one 'Strong Buy,' 13 'Holds,' and four 'Strong Sell' ratings. As of writing, the stock is trading slightly below its mean price target of $134.69. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
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29 minutes ago
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Trump says Japan, US to form LNG joint venture
By Yuka Obayashi and Katya Golubkova TOKYO (Reuters) -U.S. President Donald Trump said on Tuesday that Japan will form a joint venture to develop a liquefied natural gas project in Alaska though a Japanese government official said he was not aware of such plans. It was not immediately clear whether Trump was referring specifically to the proposed $44 billion Alaska LNG project. That project would consist of an 800-mile (1,300-km) pipeline carrying gas to a planned liquefaction plant for export. Trump's announcement of the venture came in comments to lawmakers at the White House where he discussed his trade deal with Japan. "We concluded the one deal ... and now we're going to conclude another one because they're forming a joint venture with us at, in Alaska, as you know, for the LNG," Trump told the lawmakers. "They're all set to make that deal now." The METI official, who oversees resource development, said the agency is working to confirm Trump's comments. Several companies from Japan have expressed an interest in buying LNG from the project, along with Thailand's PTT and India's GAIL. JERA and Tokyo Gas, Japan's two biggest LNG buyers, have expressed their interest in the Alaska LNG project but said they would need to assess specific conditions, including costs, before moving forward. But when asked about the joint venture mentioned by Trump, a JERA spokesperson said they could not confirm it. A Tokyo Gas spokesperson declined to comment, saying the company is not involved in a joint venture for LNG in Alaska and is not familiar with the details. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data