Latest Austin News

Sony Pictures acquires Alamo Drafthouse Cinema, the dine-in movie theater chain

Jun. 12, 2024 15:10 PM EDT

Sony Pictures Entertainment is getting into the exhibition business. The studio behind recent films like “Bad Boys: Ride or Die” and “The Garfield Movie” has acquired the distinctive theater chain Alamo Drafthouse Cinema, the companies said Wednesday. Included in the deal is the genre film...

Oracle: Fiscal Q4 Earnings Snapshot

Jun. 11, 2024 17:14 PM EDT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Oracle Corp. (ORCL) on Tuesday reported fiscal fourth-quarter earnings of $3.14 billion. On a per-share basis, the Austin, Texas-based company said it had profit of $1.11. Earnings, adjusted for stock option expense and amortization...

Prosecutor asks Texas court to reverse governor's pardon of man who fatally shot demonstrator

Jun. 04, 2024 19:20 PM EDT

AUSTIN, Texas (AP) — The Texas governor's pardon of a former Army sergeant who fatally shot a Black Lives Matter demonstrator undermines the state's legal system and constitution and should be reversed, a prosecutor said Tuesday. Travis County District Attorney José Garza said he...

CrowdStrike: Fiscal Q1 Earnings Snapshot

Jun. 04, 2024 16:27 PM EDT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CrowdStrike Holdings Inc. (CRWD) on Tuesday reported fiscal first-quarter earnings of $42.8 million. The Austin, Texas-based company said it had profit of 17 cents per share. Earnings, adjusted for one-time gains and costs, came to 93...

Austin signs Ghana international Osman Bukari on transfer from Red Star Belgrade

May. 30, 2024 14:10 PM EDT

AUSTIN, Texas (AP) — Ghana international winger Osman Bukari will join Austin FC in a transfer from Red Star Belgrade, the Major League Soccer team announced Thursday. Bukari, 25, joins Austin on a 3 1/2-year guaranteed contract as one of the team's Designated Player signings, with...

Hormel: Fiscal Q2 Earnings Snapshot

May. 30, 2024 06:37 AM EDT

AUSTIN, Minn. (AP) — AUSTIN, Minn. (AP) — Hormel Foods Corp. (HRL) on Thursday reported fiscal second-quarter profit of $189.3 million. On a per-share basis, the Austin, Minnesota-based company said it had net income of 34 cents. Earnings, adjusted for non-recurring costs, were...

Evander curls in a free kick and the Timbers beat Austin to end a 3-game road losing streak

May. 29, 2024 23:06 PM EDT

AUSTIN, Texas (AP) — Evander curled in a beautiful free kick in first-half stoppage time, Jonathan Rodríguez added a penalty-kick goal in the 66th minute and the Portland Timbers beat Austin 2-0 on Wednesday night to end a three-game road losing streak. Portland (5-7-4) won its...

Thermon Group: Fiscal Q4 Earnings Snapshot

May. 29, 2024 07:09 AM EDT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Thermon Group Holdings Inc. (THR) on Wednesday reported profit of $10.1 million in its fiscal fourth quarter. On a per-share basis, the Austin, Texas-based company said it had profit of 29 cents. Earnings, adjusted for one-time gains and...

Digital Turbine: Fiscal Q4 Earnings Snapshot

May. 28, 2024 16:26 PM EDT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Digital Turbine Inc. (APPS) on Tuesday reported a loss of $236.5 million in its fiscal fourth quarter. On a per-share basis, the Austin, Texas-based company said it had a loss of $2.32. Earnings, adjusted for asset impairment costs and...

American Airlines drops law firm that said a 9-year-old girl should have seen camera on toilet seat

May. 24, 2024 18:24 PM EDT

FORT WORTH, Texas (AP) — American Airlines has replaced the law firm that told a judge a 9-year-old girl was negligent in not noticing there was a camera phone taped to the seat in an airplane lavatory. An airline spokesperson confirmed Friday that the Wilson Elser law firm is no...