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MDA reports $9.3M Q3 profit, revenue up nearly 20% from year ago

Published Tue, 04 Mar 2025 11:31:48 GMT

BRAMPTON, Ont. — MDA Ltd. reported net income of $9.3 million in its latest quarter, down from $17.9 million a year earlier, as its revenue rose nearly 20 per cent.The space technology firm says the profit amounted to eight cents per diluted share for the quarter ended Sept. 30, down from 15 cents per diluted share a year earlier.Revenue for the company’s third quarter totalled $204.7 million, up from $172.0 million in the same quarter last year, helped by strength in its satellite systems and robotics and space operations businesses.In its outlook, MDA says it now expects revenue for 2023 to come in between $790 million and $810 million, compared with its earlier guidance for between $785 million and $810 million.It also raised its 2023 guidance for adjusted earnings before interest, taxes, depreciation and amortization to between $165 million and $170 million, compared with $155 million to $165 million. MDA said it expects its 2023 capital expenditures to range between $200 ...

Wintry weather on the way with parts of GTA under freezing rain warning

Published Tue, 04 Mar 2025 11:31:48 GMT

The GTA could get its first taste of wintry weather this fall with parts of the region expected to see freezing rain during the Wednesday afternoon commute.A freezing rain warning has been issued to areas north and west of the City of Toronto, including Halton Hills, Milton, Newmarket, Uxbridge Georgina, and northern York Region.“Freezing rain is expected to begin this afternoon before slowly changing to rain this evening,” warns Environment Canada. “The most significant freezing rain is expected over areas of higher terrain.”The weather agency says ice accretion of up to two millimetres is possible, warning some roads and walkways may become slippery. Freezing rain warnings are issued when rain is expected in below zero temperatures. Which areas see freezing rain will be dependent on the temperature when the rain starts to fall.Special Wx Statement UPGRADED to Freezing Rain Warning for Newmarket, Georgina, Uxbridge,Halton Hills, Milton. Gets going around 1pm...

21 Syrian pro-government militiamen killed in overnight ambush by Islamic State group, reports say

Published Tue, 04 Mar 2025 11:31:48 GMT

BEIRUT (AP) — The Islamic State group ambushed pro-government militiamen in an overnight attack in eastern Syria, killing at least 21 fighters, pro-government media and an opposition war monitor said Wednesday.Sham FM radio reported that the militiamen from the pro-government National Defense Places were ambushed in the village of al-Kawm in the central Syrian desert, between the government-held city of Homs and south of the city of Raqqa, which is under control of U.S.-backed Kurdish-led forces. British-based opposition war monitor the Syrian Observatory for Human Rights also blamed IS for the attack but gave a higher death toll, saying there were 34 militiamen killed. Different casualty figures are common in the aftermath of such attacks. Syrian officials did not immediately comment on the attack, and there was no immediate claim of responsibility from IS. The attack comes as violence is rising elsewhere in Syria. The opposition-held enclave in the country’s northwest has wi...

Police investigating string of overnight robberies on Southwest Side

Published Tue, 04 Mar 2025 11:31:48 GMT

CHICAGO —Police are looking for suspects in an overnight robbery spree on the city's Southwest Side.Police said the incidents all happened within an hour-and-a-half of each other starting around 10 p.m. Tuesday night in the 400 block of South Archer. Police said a second incident occurred at 10:41 p.m. in  the 3300 block of South Ashland then again just seven minutes later in the 1600 block of West 35th Street. A fourth incident occurred in the 1400 block of West Taylor around 11:30 p.m.Police said in each incident three men robbed multiple people at gunpoint.In at least three of the robberies, the witness reported seeing the men get away in a silver sedan.No arrest have been made.     

Israel comes under pressure over plight of civilians in Gaza as thousands flee enclave's north

Published Tue, 04 Mar 2025 11:31:48 GMT

KHAN YOUNIS, Gaza Strip (AP) — Israel came under mounting pressure over the plight of civilians in Gaza from some of its closest allies on Wednesday, as thousands of Palestinians streamed out of the enclave’s north on foot because of dwindling food and water and fear of approaching Israeli forces.Over 70% of Gaza’s population of 2.3 million have already left their homes, but the number making their way south has quickened recently as Israeli troops battle militants inside Gaza City and the humanitarian situation grows increasingly dire.The Group of Seven wealthy industrialized nations called Wednesday for the “unimpeded” delivery of food, water, medicine and fuel, and for “humanitarian pauses” in the fighting. Israeli Prime Minister Benjamin Netanyahu has so far resisted such calls, while leaving open the possibility of smaller breaks.But there remains to real end in sight to the war, triggered by Hamas’ Oct. 7 assault inside Israel and now in its second month.Israel has said the ba...

'The Legend of Zelda' will be made into a live-action film

Published Tue, 04 Mar 2025 11:31:48 GMT

TOKYO (AP) — Nintendo is developing a live-action film based on its hit video game “The Legend of Zelda,” the Japanese company behind the Super Mario franchise said Wednesday.The film, with financing from Sony Pictures Entertainment as well as its own investment, will be directed by Wes Ball, the American director of the upcoming “Planet of the Apes” film. It’s being co-produced by Nintendo and Arad Productions Inc., which is behind the live-action Spider-Man films and headed by Avi Arad.The move highlights Kyoto-based Nintendo’s strategy to leverage various aspects of its business, including theme parks, merchandising and movies, to boost machine and software sales, and vice versa.That strategy has met success. Its animated film “The Super Mario Bros. Movie,” released earlier this year, has raked in more than $1.3 billion and drew nearly 170 million people worldwide.President Shuntaro Furukawa, briefing reporters online, said the company was pleased with the success of the Super Ma...

Amber Alert issued for 9-month-old girl from Laredo

Published Tue, 04 Mar 2025 11:31:48 GMT

LAREDO, Texas (KXAN) – The Department of Public Safety issued an Amber Alert Wednesday morning for a nine month old girl from Laredo. According to DPS, Delilah Lopez was last seen around 12:45 a.m. Delilah has brown hair and eyes, DPS said. She weighs 15 pounds and is 2 feet tall.The suspect in the case was driving a blue 2015 Volkswagen Tiguan, according to DPS. It has a Texas license plate 3970S52. Delilah Lopez (Photo: Department of Public Safety)Anyone with information is asked to call the Laredo Police Department at 956-795-2800.

Daily rain chances follow tomorrow's cold front

Published Tue, 04 Mar 2025 11:31:48 GMT

AUSTIN (KXAN) -- Today will be a day for warm weather lovers. And tomorrow? Cold weather enthusiasts will thrive.Temperatures will return to the 80s one more time this week before tumbling behind tomorrow's cold front. This morning's low cloud cover will partially clear to allow for some sun this afternoon. But don't get too used to that either - sunshine, too, will disappear behind our incoming cold front.Thursday's cold frontA storm passing to our north will send a potent cold front our way tomorrow. Timing of arrival: early morning for those in the Hill Country, mid- to late morning in the Austin-metro and early to mid-afternoon in our eastern counties.ImpactsBecause the front is likely to blow through early, daily highs are likely to be recorded early, with falling temperatures expected through the day. Expect a raw afternoon in the 50s/60s across Central Texas on Thursday. Gusty winds out of the north will make it feel even cooler.Significant drop in temperatures behind Thursda...

Lawrence Taylor to sign autographs at Crossgates

Published Tue, 04 Mar 2025 11:31:48 GMT

ALBANY, N.Y. (NEWS10) -- NFL and New York Giants legend Lawrence Taylor will be making an appearance in the Capital Region, signing autographs at Heroes Hide Out at Crossgates Mall. The autograph signing will take place Friday at 6:30 p.m. Those interested in attending can find tickets online. Get the latest news, weather, sports and entertainment delivered right to your inbox! Taylor spent his entire hall-of-fame career with the New York Giants, winning two Super Bowls and being elected to 10 Pro Bowls. The defensive great was inducted into the Pro Football Hall of Fame in 1999. He finished his career with 1,088 tackles, 132.5 sacks, and 33 forced fumbles.

Pedestrian killed in hit-and-run crash, police investigating

Published Tue, 04 Mar 2025 11:31:48 GMT

ST. LOUIS COUNTY, Mo. - A woman is dead after a driver hit and killed her overnight on Interstate 55 in south St. Louis County.The entire incident unfolded in the general area of the highway. All is back to normal now, but it was a much different scene overnight. Results: November 7 Missouri Special Election This all happened around midnight. Authorities told FOX 2 that an adult female was hit on I-55 and that she was killed in the incident. We don't know the name or age of the victim, nor do we know the circumstances surrounding what took place. We do know that I-55 South in the area was shut down for a while as authorities investigated what happened.We are reaching out to the authorities to try and find out more details on what exactly happened here. FOX 2 will update this story with more information as it becomes available.