Bobby Unser, three-time Indy 500 champion, dies at 87: ‘There was nobody like him’

American Water Works Company, Inc. Announces Advance In Q1 Profit

American Water Works Company, Inc. (AWK) reported a profit for its first quarter that advanced from the same period last year.

The company’s bottom line came in at $133 million, or $0.73 per share. This compares with $124 million, or $0.68 per share, in last year’s first quarter.

Analysts had expected the company to earn $0.73 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 5.2% to $888 million from $844 million last year.

American Water Works Company, Inc. earnings at a glance:

-Earnings (Q1): $133 Mln. vs. $124 Mln. last year.
-EPS (Q1): $0.73 vs. $0.68 last year.
-Analysts Estimate: $0.73
-Revenue (Q1): $888 Mln vs. $844 Mln last year.

-Guidance:
Full year EPS guidance: $4.18 to $4.28

Vornado Realty Trust Q1 adjusted earnings Beat Estimates

Vornado Realty Trust (VNO) announced earnings for first quarter that decreased from the same period last year.

The company’s bottom line totaled $4.08 million, or $0.02 per share. This compares with $4.96 million, or $0.03 per share, in last year’s first quarter.

Excluding items, Vornado Realty Trust reported adjusted earnings of $12.45 million or $0.06 per share for the period.

Analysts had expected the company to earn -$0.02 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter fell 14.5% to $379.98 million from $444.53 million last year.

Vornado Realty Trust earnings at a glance:

-Earnings (Q1): $12.45 Mln. vs. $31.95 Mln. last year.
-EPS (Q1): $0.06 vs. $0.17 last year.
-Analysts Estimate: -$0.02
-Revenue (Q1): $379.98 Mln vs. $444.53 Mln last year.

Bill Gates and Melinda Gates are splitting up after 27 years

Bill Gates, co-founder and former CEO of Microsoft, said in a tweet on Monday that he and his wife, Melinda Gates, will be splitting up after 27 years.

Financial details are not yet clear. Bill Gates owns 1.37% of Microsoft's outstanding shares, which are worth more than $26 billion, according to FactSet. The couple were creators, along with Warren Buffett, of the Giving Pledge, which involves giving away more than half of their wealth.

Last year Bill Gates stepped down from Microsoft's board as the coronavirus became a force around the world. He began spending more time on the nonprofit Bill and Melinda Gates Foundation alongside Melinda Gates. The two are co-chairs and trustees of the foundation, which launched in 2000.

Bill and Melinda Gates met at Microsoft. She had been a marketing manager at the software company. The two got married in Hawaii in 1994 after Bill Gates had weighed the pros and cons on a blackboard.

The announcement comes two years after Jeff Bezos, CEO of Amazon, said he and his wife, MacKenzie, were getting divorced. Bill Gates and Jeff Bezos are among the world's richest people, and Amazon and Microsoft compete in the cloud computing business.

This story is developing. Refresh for updates.

Qiagen NV Q1 adjusted earnings Beat Estimates

Qiagen NV (QGEN) revealed earnings for its first quarter that climbed from the same period last year.

The company’s bottom line came in at $129.22 million, or $0.66 per share. This compares with $39.83 million, or $0.34 per share, in last year’s first quarter.

Excluding items, Qiagen NV reported adjusted earnings of $153.8 million or $0.66 per share for the period.

Analysts had expected the company to earn $0.63 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 52.4% to $567.21 million from $372.10 million last year.

Qiagen NV earnings at a glance:

-Earnings (Q1): $153.8 Mln. vs. $78.6 Mln. last year.
-EPS (Q1): $0.66 vs. $0.34 last year.
-Analysts Estimate: $0.63
-Revenue (Q1): $567.21 Mln vs. $372.10 Mln last year.

-Guidance:
Next quarter EPS guidance: $0.62 – $0.64
Full year EPS guidance: $2.42 – $2.46

No-Knead, Revisited

In 2006, it changed the face of baking. Now, J. Kenji López-Alt takes a fresh look at Jim Lahey and Mark Bittman’s revolutionary bread recipe.

No-knead bread was “the recipe that democratized bread-baking,” said the cookbook author Peter Reinhart. Credit…Ryan Liebe for The New York Times. Food Stylist: Barrett Washburne.

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By J. Kenji López-Alt

Bobby Unser, three-time Indy 500 champion, dies at 87: ‘There was nobody like him’

Bobby Unser, three-time Indianapolis 500 winner and a larger-than-life, colorful character in racing who would talk to anyone anywhere about "the greatest sport in the world," passed away at his home in Albuquerque, N.M., Sunday at the age of 87.

Unser was best known in racing for being the first driver to win the Indy 500 in three different decades, 1968, 1975 and 1981. Only four-time-winner Rick Mears has surpassed Unser in number of wins. 

Unser is one of just 10 drivers to have won the Greatest Spectacle in Racing more than twice, a list which also includes his brother Al Unser Sr. (1970, 1971, 1978 and 1987). He was also the uncle of two-time Indy 500 winner Al Unser Jr.

Unser was born Feb. 20, 1934, in Colorado Springs, Colo., the third of four brothers, and when he was a year old, the Unser clan moved to Albuquerque. As his racing career blossomed into legendary status, including becoming the first of the Unser family to win the Indy 500, the city quickly became forever tied to the racing dynasty.