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Banc of California: Q1 Earnings Snapshot

Published Fri, 07 Feb 2025 12:02:14 GMT

SANTA ANA, Calif. (AP) — SANTA ANA, Calif. (AP) — Banc of California Inc. (BANC) on Thursday reported first-quarter net income of $20.3 million.The bank, based in Santa Ana, California, said it had earnings of 34 cents per share. Earnings, adjusted for non-recurring costs, came to 37 cents per share.The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.The banking service and lending company posted revenue of $114.8 million in the period. Its revenue net of interest expense was $80.9 million, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $83.2 million.Banc of California shares have declined 24% since the beginning of the year. The stock has dropped 36% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ...

Alaska Air: Q1 Earnings Snapshot

Published Fri, 07 Feb 2025 12:02:14 GMT

SEATTLE (AP) — SEATTLE (AP) — Alaska Air Group Inc. (ALK) on Thursday reported a loss of $142 million in its first quarter.On a per-share basis, the Seattle-based company said it had a loss of $1.11. Losses, adjusted for one-time gains and costs, were 62 cents per share.The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 48 cents per share.The airline posted revenue of $2.2 billion in the period, which met Street forecasts.Alaska Air expects full-year earnings in the range of $5.50 to $7.50 per share.Alaska Air shares have risen almost 2% since the beginning of the year. The stock has fallen 25% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALK at https://www.zacks.com/ap/ALKSource

Denver weather: Brisk winds and cooler temperatures Thursday

Published Fri, 07 Feb 2025 12:02:14 GMT

DENVER (KDVR) — The Mile High City will see some sunshine Thursday, but temperatures will remain below average with brisk winds and light mountain snow chances in the Denver weather forecast.Weather today: Sun and clouds, breezyThe Front Range will have a mix of sun and clouds Thursday with cooler temperatures in the low 50s. Wind, snow, ice near Denver airport cause hundreds of flight diversions, delays Winds will be brisk through the afternoon at 10 to 20 mph. Light snow showers will be around in the high country for the afternoon and evening.Pinpoint Weather: Daily forecast for April 20.Weather tonight: Some clearing, chillyExtra clouds will gradually clear Thursday night as lows dip into the upper 20s. The breezy winds will also be lighter overnight.Pinpoint Weather: Overnight forecast on April 20.Looking ahead: Late Friday snow, rain next weekFriday adds some extra clouds through the day with highs staying in the low 50s. Winds also become brisk through the afternoon with so...

Fire rescue extinguishing blaze at waste facilty in Doral

Published Fri, 07 Feb 2025 12:02:14 GMT

Miami-Dade Fire Rescue responded to a blaze that broke out at the Miami-Dade County Solid Waste facility located at 8831 N.W. 58th St. in Doral.Officials said recycled washing machines and refrigerators appear to be burning at the disposal plant.Video footage showed black smoke billowing over the city.As fire crews work to extinguish the flames, police advised the public to remain indoors and avoid the area.Please check back on WSVN.com and 7News for more details on this developing story.

EU lawmakers endorse pact to revise migration rules

Published Fri, 07 Feb 2025 12:02:14 GMT

EU lawmakers on Thursday gave the green light to a central plank of the EU’s flagship migration package, the latest sign of progress on long-stalled reforms. The European Parliament measure endorses new rules seeking to speed up the return of migrants who entered Europe without permission and to prevent these migrants from traveling to other countries within the EU.And it strikes a middle ground on the contentious question of whether countries will be required to take in asylum seekers from fellow EU members — a step EU border countries traditionally favor but others often oppose. The approved text only foresees such “mandatory relocations” in emergency situations, which Brussels would determine, with all other relocations being voluntary.“This is the most important shift to make sure that we can come to an agreement with member states,” said MEP Tomas Tobé, one of the lawmakers leading on the legislation for the center-right European People’s Party (EPP), referencing the ...

Top EU court condemns Poland over noise pollution

Published Fri, 07 Feb 2025 12:02:14 GMT

The Court of Justice of the EU Thursday condemned Poland for failing to implement EU noise pollution law at the national level. The Environmental Noise Directive establishes recommended maximum noise levels and asks countries to collect data on noise. It also requires governments to develop action plans to tackle noise pollution, including for areas where the recommended levels were not exceeded. Warsaw failed to adopt noise action plans for such areas within the required timeframe, the court found. The government also failed to translate into national law a requirement that these plans include measures to preserve “quiet areas,” it said.According to the court, the country also has not drawn up the required action plans for 13 major railways and 247 major roads, and has not submitted summaries of action plans for 16 other major roads. The European Commission’s Zero Pollution Action Plan sets the goal of reducing the share of people “chronically disturbed by tr...

UK security minister warns of AI coding weapons

Published Fri, 07 Feb 2025 12:02:14 GMT

LONDON — The U.K.’s security minister warned this morning that the country had to beat its rivals in the AI race, warning hostile states and criminals would use the technology to look for chinks in the U.K.’s cybersecurity armor.Speaking at the CyberUK conference in Belfast, Tom Tugendhat said the next level of AI, artificial general intelligence (AGI), was coming and it was “not hard to see” future AGI coding weapons.“It is essential that by the time we reach the development of AGI we are confident that it can be safely controlled and aligned to our values and interests,” he told delegates.“Given the stakes we can all understand calls to stop AI development altogether but the genie will not go back in the bottle,” he said. “Putin has a long-standing strategic interest in AI. China with its vast data sets and fierce determination is a strong rival.”But he added that AI also threatened authoritarian regimes and the U.K. was one of the few liberal, democratic countries which could lea...

A Maine man recently released from prison confessed to quadruple murder of parents and friends, state police say

Published Fri, 07 Feb 2025 12:02:14 GMT

(CNN) — A 34-year-old man who had recently been released from prison shot and killed his parents and two others Tuesday morning at a home in Bowdoin, Maine, and then wounded three other people as he drove on an interstate highway, authorities said Wednesday.Joseph Eaton was released from prison Friday after serving two years of his sentence for aggravated assault, according to Maine State Police Col. William Ross.According to a news release and Ross, the suspect confessed to killing his parents and their friends and fired at vehicles he thought were carrying officers who were following him on the highway.Ross identified the deceased victims as Robert Eger, 72; Patricia Eger, 62; Cynthia Eaton, 62; and David Eaton, 66. The body of David Eaton was found in a barn near the home, while the bodies of the Egers and Cynthia Eaton were discovered in the house, Ross said.A family member who grew concerned about the people who owned the home went to the house, found one of the...

Frank Ocean pulls out of Coachella weekend 2 due to injury

Published Fri, 07 Feb 2025 12:02:14 GMT

(CNN) — Frank Ocean “will not be performing” at the Coachella music festival’s second weekend, a representative for the singer shared with CNN via a statement on Wednesday.“On doctor’s advice, Frank Ocean is not able to perform weekend 2 due to two fractures and a sprain in his left leg,” the statement read.Ocean’s representative also explained that the Grammy-winner suffered his injuries “on festival grounds in the week leading up to weekend 1,” where he delivered a polarizing headlining show on April 16 that marked his first live performance in nearly six years and drew mixed reactions.Wednesday’s statement added that “Ocean was unable to perform the intended show but was still intent on performing, and in 72 hours, the show was reworked out of necessity.”“It was chaotic. There is some beauty in chaos. It isn’t what I intended to show but I did enjoy being out there and I&...

Mike Preston: Division II Shepherd’s Joey Fisher and Ronnie Brown join forces in effort to get to NFL | COMMENTARY

Published Fri, 07 Feb 2025 12:02:14 GMT

It’s a shame that Joey Fisher and Ronnie Brown can’t be involved in some type of a package deal.As the NFL draft approaches, the two former Shepherd University players and Maryland natives are inseparable. Fisher, an offensive tackle, still leads the way for his running back, telling NFL teams that Brown is a player they can’t afford to pass on.A lot of them are listening.“He comes to me one morning and says, ‘I just got off the phone with the [Pittsburgh] Steelers,’” Brown said. “He says, ‘I was on their podcast and I brought you up.’ A little later my phone rings, and it’s the Steelers.”“That’s my man,” said Brown, looking at Fisher. “He really looks out and I’m forever grateful for that.”It’s not as if Brown can’t stand on his own merits, but everything helps when you come from a tiny Division II school like Shepherd in West Virginia. It’s conceivable that...