HOLMDEL, N.J. (AP) _ Monmouth Real Estate Investment Corp. (MNR) on Monday reported a key measure of profitability in its fiscal fourth quarter. The results did not meet Wall Street expectations. The Holmdel, New Jersey-based real estate investment trust said it had funds from operations of $18.2 million, or 19 cents per share, in the period.
BOSTON (AP) _ Cabot Corp. (CBT) on Monday reported a fiscal fourth-quarter loss of $272 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Boston-based company said it had a loss of $4.81. Earnings, adjusted for pretax expenses and asset impairment costs, were 68 cents per share.
U.S. President Donald Trump's campaign on Monday told a federal appeals court it would seek to halt the "effect" of Pennsylvania's likely certification of the Nov. 3 election results, after a lower court paved the way to certify President-elect Joe Biden as the winner. "This action is of nationwide importance because of the consequences of flawed election processes in the election for the President of the United States in the Commonwealth, which could turn the election in favor of either candidate," lawyers for the campaign wrote in a court filing to the 3rd Circuit U.S. Court of Appeals. Pennsylvania was expected to send its county results to its top election official for certification on Monday.
“Donald Trump defeated Donald Trump.”
“The victory was a vindication of a style of American politics that many feared was gone forever.”
“Mr. Biden’s victory — and Mr. Trump’s defeat — is a testament to the resilience of American democracy.”
“Trump’s 2020 reelection bid was doomed by his boorish behavior. Time and again, he refused to act like a president.”
“Biden took the opportunity to unite the Democratic Party.”