A Foster Parent Looks Back

Auckland traffic: Harbour Bridge crash causing delays

A crash is causing long delays on the Auckland Harbour Bridge this morning.

Motorists are urged to expect delays northbound because of a crash in the middle lane heading towards the bridge just after the Curran St on-ramp.

Transport authorities alerted the crash at 7.45am.

An image captured on traffic cameras shows at least two vehicles involved.

Waka Kotahi NZ Transport Agency urged drivers to “pass with care” as the middle lane is blocked.

T-Mobile US, Inc. Announces Decline In Q1 Earnings

T-Mobile US, Inc. (TMUS) released earnings for first quarter that declined from the same period last year.

The company’s profit came in at $933 million, or $0.74 per share. This compares with $951 million, or $1.10 per share, in last year’s first quarter.

Analysts had expected the company to earn $0.57 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 77.9% to $19.76 billion from $11.11 billion last year.

T-Mobile US, Inc. earnings at a glance:

-Earnings (Q1): $933 Mln. vs. $951 Mln. last year.
-EPS (Q1): $0.74 vs. $1.10 last year.
-Analysts Estimate: $0.57
-Revenue (Q1): $19.76 Bln vs. $11.11 Bln last year.

European Economics Preview: German Consumer Sentiment Data Due

Consumer confidence from Germany and France are due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, German GfK consumer sentiment survey results are due. The confidence index is forecast to rise to -3.5 in May from -6.2 in April.

In the meantime, retail sales and household consumption figures are due from Norway.

At 2.45 am ET, France’s Insee is scheduled to release consumer confidence survey data. Economists forecast the sentiment indicator to drop marginally to 93 in April from 94 in March.

At 3.30 am ET, Statistics Sweden publishes retail sales data for March. Sales had increased 0.7 percent on month in February.

At 4.00 am ET, Austria’s manufacturing PMI data for April is due.

Verisk Q1 Profit Falls, Revenue Up

Data analytics provider Verisk Analytics, Inc., (VRSK) on Tuesday posted first-quarter net income of $168 million or $1.03 per share, down from $172 million or $1.04 per share in the previous-year quarter.

Adjusted earnings per share rose 5.1 percent to $1.23 from $1.17 a year ago.
On average, 14 analysts polled by Thomson Reuters expected the company to report earnings of $1.25 per share in the period. Analysts’ estimates, usually, exclude one-time items.

Quarterly revenues climbed 5.3 percent to $726.1 million from $689.9 million in the prior-year period while analysts were looking for revenues of $725.6 million.

The company’s Board of Directors approved a cash dividend of $0.29 per share payable on June 30.

Commenting on the results, Lee Shavel, CFO and Group President, said, “Verisk delivered organic constant currency revenue growth of 3.4 percent and organic constant currency adjusted EBITDA growth of 5.2 percent in the first quarter, led by continued strength in our insurance business.”

A New Testament to the Fury and Beauty of Activism During the AIDS Crisis

By Parul Sehgal

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Match Group Swings To Q1 Profit

Match Group, Inc. (MTCH) Tuesday reported first-quarter net income of $174.3 million or $0.57 per share, compared to net loss of $202.8 million or $1.00 per share last year.

Revenues for the first quarter rose to $667.6 million from $544.6 million last year.

Analysts polled by Thomson Reuters expected earnings of $0.40 per share on revenues of $650.66 million.

‘(Expletive) them’: Ravens CB Marcus Peters goes off on former team, L.A. Rams

Marcus Peters still isn't over the trade that sent him to the Baltimore Ravens.

Peters, formerly of the Los Angeles Rams, hopped on the Catchin' Fades podcast with host and former L.A. teammate Aqib Talib and spoke about the October 2019 deal.

"(Expletive) them," Peters said in a promotional teaser that published Tuesday. "That's how I was feeling, and I'm still feeling like that. Because I felt disrespected, in the sense of, yeah, you y'all can trade me, that's part of the business. But two minutes after that, you bring in another guy who do the same (expletive) I do, maybe a little bit different. If we play this compare game, I do a little bit more. That (expletive) was disrespectful to me."

The other guy Peters referenced is current Rams cornerback Jalen Ramsey, whom Los Angeles acquired in a different trade that same day.

Peters and Ramsey are among the top cornerbacks in the NFL. Peters won the 2015 Defensive Rookie of the Year award and has three Pro Bowl and two first-team all-pro selections to his name. Ramsey, similarly, is a four-time Pro Bowler and has two first-team all-pro selections in his five seasons.

A Foster Parent Looks Back

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By Naomi Schaefer Riley