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Frontline: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 18:24:12 GMT

HAMILTON HM 08, Bermuda (AP) — Frontline plc (FRO) on Wednesday reported break-even earnings in its first quarter.The Hamilton Hm 08, Bermuda-based company said it had net income that was less than 1 cent on a per-share basis. Earnings, adjusted for one-time items, came to 87 cents per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRO at https://www.zacks.com/ap/FROSource

JOYY: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 18:24:12 GMT

SINGAPORE (AP) — SINGAPORE (AP) — JOYY Inc. (YY) on Tuesday reported net income of $28 million in its first quarter.On a per-share basis, the Singapore-based company said it had profit of 35 cents. Earnings, adjusted for one-time gains and costs, were 64 cents per share.The social media company posted revenue of $583.6 million in the period.For the current quarter ending in June, JOYY said it expects revenue in the range of $520 million to $541 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YY at https://www.zacks.com/ap/YYSource

Best: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 18:24:12 GMT

HANGZHOU, China (AP) — HANGZHOU, China (AP) — Best Inc. (BEST) on Tuesday reported a loss of $35.6 million in its first quarter.On a per-share basis, the Hangzhou, China-based company said it had a loss of $1.80. Losses, adjusted for stock option expense, were $1.71 per share.The logistics company posted revenue of $249.8 million in the period.Best expects full-year revenue in the range of $1.31 billion to $1.38 billion.The company’s shares closed at $2.55. A year ago, they were trading at $4.80._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BEST at https://www.zacks.com/ap/BESTSource

DeSantis dice que dará “contragolpes” a los ataques de Trump después de iniciar la campaña 2024 en Iowa

Published Wed, 26 Feb 2025 18:24:12 GMT

Des Moines, Iowa (CNN) — El gobernador de Florida, Ron DeSantis, dijo que planea “contragolpear” los ataques del expresidente Donald Trump, tras iniciar su campaña de 2024 en Iowa este martes.El gobernador de Florida se burló implícitamente de su principal rival en su primer evento oficial de campaña. Pero hablando con los periodistas después del evento, tuvo mucho que decir sobre Trump, descargando una serie de golpes diseñados para presentarlo como un hombre egoísta, sin principios y mezquino.“Creo que nuestros votantes están viendo esto y dicen, sí, apreciamos lo que hizo, pero también reconocemos que hay muchos votantes que nunca votarán por él”, dijo DeSantis a periodistas este martes. “Conozco gente en Florida que votó en mi contra en el 2018 y a mi favor en 2022. Dijeron en el 2018: ‘Pensé que te parecías demasiado a él y en el 22 nos dimos cuenta de que eras tu propio tipo, lo haremos’”.DeSantis dijo que cree que los constantes ataques de Trump contra él fi...

Israeli strike on eastern Lebanon kills 5 Palestinian militants, wounds 10

Published Wed, 26 Feb 2025 18:24:12 GMT

DAMASCUS, Syria (AP) — An Israeli airstrike targeting positions of a Syria-backed Palestinian group in eastern Lebanon early Wednesday killed five Palestinian militants and wounded 10 others, an official with the group said.Anwar Raja of the Popular Front for the Liberation of Palestine-General Command, told The Associated Press in Damascus that the Israeli strike hit positions in the Lebanese eastern town of Qusaya near the border with Syria. He said two of the wounded are in critical condition.Another PFLP-GC official, the Lebanon-based Abu Wael Issam, told the AP that his group will retaliate “at the suitable time.” He added that the strike will not deter his group from “escalating the fight against the Israeli enemy.”There was no immediate comment from the Israeli army. The Lebanese army and Lebanon’s militant Hezbollah group also had no immediate comment on the airstrike. The PFLP-GC has positions along the Lebanon-Syria border as well as military presence in both countri...

6 victims remain hospitalized after Hollywood Broadwalk shooting on Memorial Day

Published Wed, 26 Feb 2025 18:24:12 GMT

Joe DiMaggio Children’s Hospital is currently caring for four young victims, aged between 1 and 17, who were injured in a mass shooting that took place on Memorial Day. Additionally, two adults from the incident remain hospitalized across the street at Memorial Regional Hospital, bringing the total number of hospitalized individuals to six. Three additional adults were treated and discharged, said a spokesperson for the hospital on Tuesday morning.It was a busy Monday night at Memorial Hospital’s emergency room after a shooting on Hollywood’s Broadwalk sent shockwaves through the community, leaving families and authorities devastated. The incident unfolded on a tranquil day, where families had gathered to pay homage to fallen heroes. Hollywood Police responded swiftly to the distress call and rushed to the scene, where they found multiple victims in need of immediate medical attention.Among the victims was a visibly distraught 16-month-old child, cradled in the arm...

Repeated Rounds of Rain

Published Wed, 26 Feb 2025 18:24:12 GMT

Heavy rain leading to areas of street flooding across South Florida are likely every afternoon through Saturday.An upper low over the Gulf of Mexico will slowly move toward Florida by the end of the week, leaving the air “ripe for rain.”Most areas are expected to receive between 3-5″ of rain through Saturday night, with isolated higher amounts.Some of the storms that form could produce gusty winds, frequent lightning and an isolated tornado. However, flooding will be the biggest worry.NHC is giving the disturbance in the Gulf that will slowly approach Florida a low chance to form during the next 7 days. Regardless of development, it just means a “wet/stormy stretch in store” for us.Have a wonderful day South Florida and stay weather aware with your Storm Station, 7 News! Vivian GonzalezMeteorologist, AMS Certified WSVN Channel 7

NOAA anticipates near-average Atlantic Hurricane Season: Find out the projected number of storms

Published Wed, 26 Feb 2025 18:24:12 GMT

(CNN) — This year’s Atlantic hurricane season is expected to be near average, officials with the National Oceanic and Atmospheric Administration said Thursday.Forecasters at the agency are predicting 12 to 17 named tropical storms, five to nine of which could become hurricanes. They expect as many of four of those could strengthen into major hurricanes – category 3 or stronger.The last time there were fewer than the average of 14 named storms was in 2015. Hurricane season technically begins June 1, though storms have developed before that date in the past.“As we saw with Hurricane Ian, it only takes one hurricane to cause widespread devastation and upend lives. So regardless of the number of storms predicted this season, it is critical that everyone understand their risk and heed the warnings of state and local officials,” FEMA Administrator Deanne Criswell said at a news conference. “Whether you live on the coast or further inland, hurricanes can cause serious impacts to everybody ...

Why the nation’s banks will lose even if Biden avoids default

Published Wed, 26 Feb 2025 18:24:12 GMT

Treasury Secretary Janet Yellen is warning of the “catastrophic” impact that a debt default would have on the U.S.But even if Washington averts disaster and raises the debt ceiling, the nation’s banks — and President Joe Biden’s economy — are likely to feel some pain.Financial institutions, already reeling from the stunning failure of three regional lenders since March, are likely to face a drain on deposits and less cash in the banking system as a whole as Yellen’s Treasury suddenly cranks up borrowing. Thatwill squeeze their ability to lend to businesses and consumers, especially coming on top of pressure the banks are feeling from the Federal Reserve’s aggressive rate hike campaign.The threat of more banking turmoil is heightening the chances that the economy will slip into a recession heading into the presidential election year, creating a challenge for Biden as he campaigns for a second term.“Even if we assume that history repeats itself, and the debt limit is raised at the las...

With Erdoğan back, Sweden presses Turkey again on NATO bid 

Published Wed, 26 Feb 2025 18:24:12 GMT

LULEÅ, Sweden — Sweden has met all of its commitments to join NATO and expects to become part of the transatlantic military alliance by July, Tobias Billström, the country’s foreign minister, told POLITICO.Speaking on the sidelines of the EU-U.S. Trade and Technology Council summit, Billström said Stockholm had assuaged all of the concerns from Turkey, an existing NATO member which has held up Sweden’s application over concerns about its support for Kurdish groups which Ankara considers to be terrorist entities. Longtime leader Recep Tayyip Erdoğan secured a new term as Turkish president on Sunday. Sweden’s tweaks included updating its domestic terrorism legislation, which will come into effect on June 1, to include lengthy prison terms for individuals convicted of participating in extremist organizations in ways that promote such groups. That is a veiled reference to the Kurdistan Workers’ Party (PKK), which has a following in Sweden but is banned in Tu...