Skip to main content

Hurco: Fiscal Q3 Earnings Snapshot

INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported net income of $2.3 million in its fiscal third quarter.

On a per-share basis, the Indianapolis-based company said it had profit of 35 cents.

The manufacturer of computerized machine tools for the metal cutting industry posted revenue of $47.3 million in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HURC at https://www.zacks.com/ap/HURC

EPA seeks more public comments as it struggles to devise water rule that limits scope on wetlands

WASHINGTON (AP) — The Environmental Protection Agency is seeking additional public comments as it tries to redefine the scope of the nation’s bedrock clean water law to significantly limit the wetlands it covers. The request, announced Friday, comes nearly a year after the agency proposed a rule defining "waters of the United States," or WOTUS, based on a 2023 Supreme Court ruling that removed federal protections for vast areas. The plea for new information is highly unusual and reflects the complexity of the water rule, a contentious regulation that has been argued in the courts for decades and reached the Supreme Court twice since 2006. The latest proposal is a “supplemental” rule that EPA said will help it and the U.S. Army Corps of Engineers evaluate a wider range of options as they work toward a final rule that fully implements the Supreme Court’s decision in a case known as Sackett v. EPA. The 2023 ruling sharply limited the federal government’s authority to police water pollution in certain wetlands. It boosted property rights over concerns about clean water in a ruling in favor of Michael and Chantell Sackett, an Idaho couple who sought to build a house near a lake.
Read Next Story