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Intuit: Fiscal Q1 Earnings Snapshot

Published Tue, 03 Dec 2024 18:00:12 GMT

MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Intuit Inc. (INTU) on Tuesday reported fiscal first-quarter net income of $241 million.On a per-share basis, the Mountain View, California-based company said it had net income of 85 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to $2.47 per share.The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share.The maker of TurboTax, QuickBooks and other accounting software posted revenue of $2.98 billion in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $2.87 billion.For the current quarter ending in January, Intuit expects its per-share earnings to range from $2.25 to $2.31.The company expects full-year earnings in the range of $16.17 to $16.47 per share, with revenue ranging from $15.89 billion to $16.11 billion._____This story was generated by Automated Insi...

Joe Biden arriving Tuesday in Denver, visiting Pueblo Wednesday

Published Tue, 03 Dec 2024 18:00:12 GMT

DENVER (KDVR) — President Joe Biden will arrive in Denver on Tuesday afternoon for a two-day visit to Colorado.Biden is scheduled to arrive around 4:15 p.m. when Air Force One lands in Denver.FOX31 will have live coverage of the president's arrival on TV and streaming in this story.The White House said Biden will participate in a campaign reception tonight, but no details were released. The Colorado Sun obtained a flyer for the event showing it's a fundraiser for the Biden Victory Fund with tickets that start at $1,000 and Gov. Jared Polis as a guest. FOX31 Newsletters: Sign up to get breaking news sent to your inbox The Biden Victory Fund is a joint fundraising committee that brings in money for the president's reelection campaign along with the Democratic National Committee and state Democratic parties.Wednesday, Biden will travel to Pueblo to visit CS Wind. The South Korea-based company's Colorado facility is the largest wind tower manufacturing plant in the world.In April, CS ...

2 people found shot dead at Parker hotel

Published Tue, 03 Dec 2024 18:00:12 GMT

PARKER, Colo. (KDVR) -- Two bodies were discovered near the Parker Holiday Inn on Tuesday. according to Parker police.The Parker Police Department reported that the call was received at about 12:47 p.m. regarding two bodies with gunshot wounds between the Holiday Inn and the Saltgrass Steakhouse in the 19000 block of Cottonwood Drive. FOX31 Newsletters: Sign up to get breaking news sent to your inbox Parker police said they are still gathering facts but are not looking for any additional suspects as of 1:22 p.m.

Northbound I-25 closes in Thornton after 2-vehicle crash

Published Tue, 03 Dec 2024 18:00:12 GMT

DENVER (KDVR) — Interstate 25 northbound was closed Tuesday afternoon after a two-car crash in Thornton.It happened in the area of northbound I-25, just north of 120th Avenue, according to the Thornton Police Department. Northbound I-25 was closed between Colorado 128/120th Avenue and Exit 225: 136th Avenue. Live traffic map: See road conditions around the Denver metro Cameras along the interstate around 3:30 p.m. showed traffic backed up for miles. Drivers were told to use 104th Avenue, Thornton Parkway and Washington Street as alternative routes.The interstate had reopened by around 3:45 p.m.

Suspect in deadly Aurora double stabbing arrested in Missouri

Published Tue, 03 Dec 2024 18:00:12 GMT

AURORA, Colo. (KDVR) -- A suspect wanted in connection to a deadly double stabbing in Aurora that took place in October has been extradited back to Colorado, according to the Aurora Police Department. The suspect, Deven Jay Dobbins, 30, was arrested late last month in Missouri, according to the Aurora Police Department. Do you recognize these suspects who are wanted for retail theft? Aurora Police reported that two apparent stabbing victims were found in the 11200 and 11300 block of East Colfax Avenue at about 8 p.m. on Oct. 16. They both were rushed to local hospitals and died of their injuries. The Arapahoe County Coroner's Office identified the victims as Otto Washington, 58, and Desmond Thomas, 44.Aurora police originally detained two people of interest on Oct. 17 for interviews, releasing one and holding the other on outstanding warrants that were unrelated to the stabbing.Dobbins was "developed" as a suspect in the investigation, according to the Aurora Police Department. Th...

VMware to lay off 184 in Broomfield after Broadcom acquisition

Published Tue, 03 Dec 2024 18:00:12 GMT

DENVER (KDVR) -- A recent, large technology company acquisition has led to 184 people losing their jobs in the Denver area.As a result of the recent $69 billion purchase of cloud technology company VMware, the semiconductor and infrastructure software manufacturer and supplier Broadcom has notified the City and County of Broomfield in a WARN notice that 184 employees will be laid off Download the FOX31 App: Breaking news alerts & Pinpoint Weather The company stated that these layoffs are "a result of" Broadcom's acquisition of VMware.According to the City and County of Broomfield's 2022 Annual Comprehensive Financial Statement, last year VMware had 450 Broomfield employees and was considered one of the area's principal employers. Broadcom is also listed among those employers, with 500 employees.The first separation is expected on Jan. 26, 2024. This will not close the entire facility, and no union is associated with these employees.VMware is based in Palo Alto, California, an...

Colorado workers can now apply for paid family and medical leave

Published Tue, 03 Dec 2024 18:00:12 GMT

DENVER (KDVR) -- The online portal for Colorado paid family and medical leave is now up and running. Benefits are not available until January, but Coloradans can start filing claims now.Colorado voters approved Proposition 118 back in 2020. This year, workers and their employers started paying money into the fund, and now workers can finally apply at myfamliplus.state.co.us. Out-of-state group files civil rights lawsuits against University of Colorado Tracy Marshall, the director of the program, said it can take less than 10 minutes to apply.For example, if you've just welcomed a new child, if you have a serious medical condition or if you are caring for a family member with a medical condition, you can apply now. Payments would start after Jan. 1, 2024."They may already know they have to take dad to dialysis twice a week," Marshall said. "Those kind of folks would certainly be able to open a claim with us now because they can anticipate that that leave is going to be startin...

Do you recognize these Wheat Ridge retail theft suspects?

Published Tue, 03 Dec 2024 18:00:12 GMT

DENVER (KDVR) — Police are searching for two people suspected of stealing merchandise from Ulta Beauty in Wheat Ridge.On Monday at 4:02 p.m., the suspects were seen allegedly filling bags with merchandise. The Wheat Ridge Police Department posted on X, formally known as Twitter, asking for the public's help in identifying the two suspects.Person suspected of stealing from Ulta Beauty (Courtesy of Wheat Ridge Police Department)Person suspected of stealing from Ulta Beauty (Courtesy of Wheat Ridge Police Department)"We’re concerned because one of the suspects was aggressive towards a customer and tried to break glass in the store before the two left in a black sedan. We were able to find the suspect’s vehicle, but they eluded police, driving dangerously on the wrong side of the road," said Wheat Ridge PD. 13-year-old arrested in deadly Aurora stabbing Police have confirmed products were stolen from an Ulta in Brighton at 2:32 p.m. and one in Arvada at 3:19 p.m. on Monday. Wheat Ridg...

Denver weather: One more mild day before the chill is back along with a few flurries

Published Tue, 03 Dec 2024 18:00:12 GMT

DENVER (KDVR) — Temperatures reached above average in Denver weather with readings marked in the upper 50s and even 60 degrees in some metro cities. According to Pinpoint Weather, Colorado’s Most Accurate Forecast, those mild temperatures will last for one more day before temperatures dip back into the chilly 30s for a few days.Forecast highs for Wednesday across metro Denver from Pinpoint WeatherWeather tonight: Clear and cold againThere will be some thin high clouds drifting from west to east across Colorado during the overnight hours. Temperatures will be cold again with the entire state below freezing. Metro Denver will have teens and low 20s with a light southwesterly wind. There will be below-zero readings again in the mountains, especially in the southern valleys and the northwest plateau.Overnight lows by Wednesday morning across ColoradoWeather tomorrow: Another quiet and mild dayWednesday will bring one last round of mild readings to Colorado, especially across the eastern...

Mom cautions use of unlicensed daycares after babysitter charged with child abuse

Published Tue, 03 Dec 2024 18:00:12 GMT

LAKEWOOD, Colo. (KDVR) -- A Colorado babysitter is facing charges of felony child abuse after a 2-year-old boy in her care ended up in the hospital with serious injuries. 25-year-old McKinley Slone Hernandez was arrested in Lakewood on Thanksgiving day, nearly 3 months after reportedly causing serious injuries to the young boy's head, neck and arms.  Do you recognize these suspects who are wanted for retail theft? That boy's mother, Stefanie Reichert, says Hernandez was running an unlicensed daycare out of her Lakewood home and would post openings on social media."There's people constantly posting for random people to watch their kids," says Reichert. "Please don't. I'm scared to even let people I know watch my kid now, and you just never know."The state's Colorado Shines program allows parents to search for licensed providers, and view past inspection reports.  "The Colorado Shines website is a great resource for finding high-quality, licensed child-care," a spokes...