Sunday, 22 Sep 2024

‘Butter’ Review: High-Stakes Popularity

‘Servants’ Review: Fighting for Purity of Faith

Teenage priests in training resist the mingling of church and the Communist state in Ivan Ostrochovsky’s drama.

By Natalia Winkelman

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‘The Burning Sea’ Review: Smoke on the Water

An oil-rig accident in the North Sea kicks off this well-acted, pleasantly predictable survival thriller.

By Jeannette Catsoulis

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‘Hellbender’ Review: The Family That Preys Together

In a horror feature by a family of filmmakers, a young woman discovers her mother has been stifling her supernatural abilities.

By Lena Wilson

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‘Careless Crime’ Review: A Time Loop in Iran

Shahram Mokri’s film bends time and space as it considers events from 40 years earlier, when an arson attack on a movie theater set off the Iranian Revolution.

By Devika Girish

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LXP Industrial Trust Q4 Net Income Rises

LXP Industrial Trust (LXP) reported fourth quarter net income to shareholders of $260.5 million, or $0.90 per share, compared to $102.7 million, or $0.37 per share, a year ago. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.02, for the quarter. Analysts’ estimates typically exclude special items.

Adjusted FFO was $53.8 million, or $0.18 per share compared to $55.0 million, or $0.19 per share, last year.

Total gross revenues were $86.5 million, compared to $83.3 million, a year ago. The company said the increase was primarily attributable to an increase in rental revenue due to property acquisitions and an increase in tenant reimbursements. Analysts on average had estimated $83.29 million in revenue.

Oil Prices Climb On Supply Fears

Oil prices climbed on Thursday, with Brent finally surging above $100 per barrel for the first time in last seven years after Russia’s president Vladimir Putin launched a military invasion of Ukraine.

Benchmark Brent crude futures traded up 8.3 percent at $101.86 a barrel in European trade, the first time the international benchmark has crossed the $100 threshold since 2014. West Texas Intermediate crude futures were up 8.7 percent at $100.42 a barrel.

The oil price surge came as Russian President Vladimir Putin announced a military operation in Ukraine to defend separatists in the east of the country, called the Donbas region.

Analysts expect continued volatility in the near term as the United States and its allies calibrate and announce their response to this escalation.

U.S. President Joe Biden said the U.S. will coordinate with NATO allies to ensure a strong, united response to Russia’ military action in Ukraine.

Earlier today, large explosions were reported in Kyiv, Kharkiv, and Odesa. The Moscow Exchange suspended trading on all markets shortly after the rouble plunged to its lowest since early 2016.

‘Friends and Strangers’ Review: G’day, Mates

In this funny, productively cryptic Australian feature, the characters are alternately abrasive and invasive.

By Ben Kenigsberg

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Royal Bank Of Canada Q1 Profit Rises 6%; Declares Dividend – Quick Facts

Royal Bank of Canada (RY,RY.TO) reported Thursday a net income of C$4.04 billion or C$2.84 per share for the first quarter, higher than C$3.79 billion or C$2.66 per share in the prior-year quarter.

Results were driven by strong earnings growth in Personal & Commercial Banking and Wealth Management.

Total revenues for the quarter grew to C$13.07 billion from C$12.94 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of C$2.75 per share on revenues of C$12.12 billion for the quarter. Analysts’ estimates typically exclude special items.

Provision for credit losses was C$105 million, compared to a benefit of C$96 million last year.

Separately, Royal Bank of Canada announced that its board of directors has declared a quarterly common share dividend of C$1.20 per share, payable on and after May 24, 2022, to common shareholders of record at the close of business on April 25, 2022.

‘Butter’ Review: High-Stakes Popularity

Fed up with his classmates’ contempt, an obese high school student decides he’ll gorge himself to death on New Year’s Eve.

By Lisa Kennedy

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