Latest news with #LSPD
Yahoo
2 days ago
- General
- Yahoo
Lee's Summit police officer injured in shooting released from hospital
KANSAS CITY, Mo. — A Lee's Summit police officer injured in a shooting late Sunday night has been released from the hospital. Lee's Summit Police Sgt. Chris Depue said Officer Jared Timbrook was shot Sunday evening while chasing a suspect on foot while responding to a domestic disturbance at an apartment complex. He was treated by fellow officers on scene and taken to an area trauma center. See the latest forecast, maps and radar for Kansas City 'Officer Timbrook was shot four times, his medical team did an amazing job of caring for him,' Depue said. Depue said Timbrook will continue his healing journey at home. 'On behalf of Officer Timbrook and his family along with the men and women of the LSPD, we are thankful for the amazing care that he received and the outpouring of support for him from this amazing community,' Depue aded. Timbrook has been with the police department for approximately 18 months. Thomas Eugene Tolbert, the man suspected of shooting Timbrook, was found and arrested in Ellis, Kansas early Tuesday morning. Ellis Police Chief Avery Smith said Tolbert received a ride from someone who didn't know Tolbert was wanted. He made it to a hotel about 300 miles west of the Kansas City metro area . Around 4:50 a.m., KBI agents, Ellis County Sheriff's Office deputies, and Hays Police Department officers arrived at the hotel and safely took Tolbert into custody, per KBI. Depue says the Blue Alert helped speed up the process of locating and arresting Tolbert. Download WDAF+ for Roku, Fire TV, Apple TV Tolbert was arrested on a Missouri warrant for first-degree assault, armed criminal action, unlawful possession of a firearm, resisting arrest or detention by fleeing, and second-degree domestic assault. The charges were filed Monday in Jackson County Circuit Court in connection to the shooting. Tolbert has been booked into the Ellis County jail, according to the KBI. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
3 days ago
- General
- Yahoo
Man charged in shooting of Lee's Summit police officer
KANSAS CITY, Mo. — Jackson County prosecutors have filed charges against the 27-year-old man accused of . Jackson County Prosecutor Melesa Johnson announced Monday afternoon that Thomas E. Tolbert has been charged with first-degree assault, second-degree domestic assault, armed criminal action, unlawful possession of a firearm and resisting arrest. See the latest headlines in Kansas City and across Kansas, Missouri The officer remains in 'serious condition' as law enforcement agencies continue to search for Tolbert. A was issued in Missouri and Kansas for Tolbert, after he ran from officers following the shooting and then left in a car, police said. The car was recovered in Grandview. According to court records, Lee's Summit police responded to an apartment complex late Sunday night near Southwest Hollywood Drive and Highway 150 regarding Tolbert, who investigators say was involved in a domestic assault with the victim. When an officer approached the suspect in the parking lot of the complex and attempted to detain him, Tolbert broke away and began running on foot, with the officer running after him. Tolbert then began to fire multiple gunshots at the officer, striking him four times, according to court documents. Court records say the officer was hit in the leg, left arm, chest of his body armor and his shoulder. Investigators are working with law enforcement partners to track down Tolbert. According to the LSPD, there is no danger to the public at this time. Download WDAF+ for Roku, Fire TV, Apple TV Anyone with information is asked to call 911 or 1-800-KS-CRIME. KC Crime Stoppers is also offering a $10,000 cash reward for information leading to the arrest of Tolbert. You can call the TIPS Hotline at (816) 474-8477. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
4 days ago
- General
- Yahoo
Lee's Summit police officer left with serious injuries after Sunday night shooting
LEE'S SUMMIT, Mo. — Police are investigating an overnight shooting where a Lee's Summit police officer was shot multiple times. The officer is in 'serious condition.' According to police, around 11 p.m. Sunday, officers were sent to an apartment on Hollywood Drive for a report of a domestic disturbance. Download WDAF+ for Roku, Fire TV, Apple TV As the first officer arrived on the scene in the apartment complex, and while waiting for his assisting officer, the officer saw a man running from the scene, according to LSPD. The officer chased the suspect and told officers shots had been fired via radio. LSPD said no shots were fired by the officer, but the officer was struck multiple times. The officer was taken to a hospital with serious injuries. Investigators are working with area law enforcement partners to track the suspect. Police said they are not sure who the man is. According to LSPD, there is no danger to the area. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
22-05-2025
- Business
- Yahoo
Lightspeed Just Lost $556 Million -- But Its Bold Turnaround Plan Could Flip the Script
Lightspeed Commerce (NYSE:LSPD) just posted a headline-grabbing $556 million goodwill impairmentand investors didn't take it lightly. Shares dropped as much as 9.7% on Thursday, making it the worst performer on the S&P/TSX Composite Index. The write-down comes as Lightspeed's market cap fell below its net assets, raising red flags across the board. Still, revenue for fiscal 2025 came in at $1.1 billion, up 18% year-over-yeara notable milestone in an otherwise bruising stretch. Warning! GuruFocus has detected 2 Warning Signs with LSPD. CEO Dax Dasilva framed the quarter as a pivot point, pointing to ongoing restructuring and headwinds for small retailers. There's a lot of macro pressure, he said, referencing weak performance in February and March. Despite that, Lightspeed stuck to its long-term forecast: gross profit growth of 15% to 18% annually over the next three years, a target first laid out on March 26. The company is now banking on a new outbound sales play150 reps focused on retail and hospitalitywith half already in place. But it's early days. We've got to deliver over the next four quarters, Dasilva admitted. Bank of Montreal analyst Thanos Moschopoulos isn't giving up on the stock just yet. He called the current valuation inexpensive and acknowledged that the outbound strategy could take time to show results. Lightspeed's share price was down 35% year-to-date. The company peaked at a C$22.7 billion valuation in 2021. The gap between that high and today's numbers? It's not just capitalit's confidence. And right now, Lightspeed needs to earn that back, one quarter at a time. This article first appeared on GuruFocus.
Globe and Mail
22-05-2025
- Business
- Globe and Mail
Lightspeed stock falls as company reports big goodwill writedown but says turnaround on track
Lightspeed Commerce Inc. LSPD-T reported a net loss of US$575.9-million in its fiscal fourth quarter as its weak share price performance triggered a big goodwill writedown. The Montreal software company reported year-end fiscal results Thursday and provided a forecast for the year ahead that were largely in line with expectations – but will likely not be enough to reignite investor interest in the former stock market darling, one analyst said. The stock sold off 7 per cent in early morning trading. The company, which sells point-of-sale software to retailers, restaurants and hospitality providers globally, reported revenue in fourth quarter ended March 31 was US$253.4-million, up 10 per cent over the same period a year earlier. That was in line with analysts' expectations. Adjusted operating earnings came in at US$12.9-million, slightly below consensus analyst forecasts. The company's operating profit of US$12.9-million in the quarter was slightly below expectations though the total for its 2025 fiscal year came in at US$53.7-million, ahead of Lightspeed's twice-increased forecasts. Lightspeed's US$556.4-million non-cash goodwill writedown was triggered by its weak share price, which left the carrying value of the company's net assets at a higher level than its market capitalization at the end of the quarter. Analysts are more focused on its longer-term outlook after a year in which founder Dax Dasilva returned as chief executive, slashed costs, refocused the company around its two strongest markets – North American retailers and European hospitality providers – and began ramping up efforts to drive customer location growth. The company, which has pushed customers to adopt its payments solution in the past few years, also abandoned a sale process early this year and embarked on a program to buy back up to US$400-million of shares, or more than 20 per cent of its float. The buyback is now more than half done. 'With many of the hard decisions behind us, fiscal 2026 will be a year of executing on our plan and delivering on our potential,' Mr. Dasilva said on a conference call with analysts Mr. Dasilva said the company has hired half of a promised 150 outbound sales representatives whose job is to sign up new customers in its two growth areas, with a goal of driving 10 per cent to 15 per cent annual location growth. The company, which has placed an emphasis on growing the number of larger customer locations that generate US$500,000 or more in transaction volumes, said the undisclosed number of establishments was unchanged year-over-year in the quarter. The company's financial profile is improving, including a marked increase in gross profit. It is targeting annual gross profit increases of 15 per cent to 18 per cent on average over the next three years alongside a goal of 35 per cent average annual gains in adjusted operating profits over that period. But the company, which went public in 2019 and saw its share price soar in the early part of the pandemic before crashing in 2021, is still a long way off from regaining its status as an exciting, growth-oriented tech company as it tries to balance driving revenues without sacrificing profitability amid a backdrop of global economic uncertainty. One of its key longer-term goals is to achieve 'rule of 40' results – an industry benchmark that tracks performance in the subscription cloud software market. Investors add a company's revenue growth rate to its adjusted operating profiting margin; if that totals 40, it is considered a top performer. Lightspeed is targeting revenue gains of 10 per cent to 12 per cent this coming fiscal year and an adjusted operating profit margin of no more than 6 per cent. That adds up to less than half the rule of 40 target. ATB Financial analyst Martin Toner said in an interview: 'What I see is an inexpensive stock that is trying to get the growth engine humming again. They're struggling to reaccelerate growth. The fundamental momentum isn't there' yet, he said, adding that for technology-oriented investors, 'there are better places to look.' National Bank Financial analyst Richard Tse said in email 'I think the market wants to see execution on their large merchant count before we get a sustained valuation re-rating of the stock.'
