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Study: China’s squid fleet avoids Peru to dodge new port law

Published Wed, 26 Feb 2025 08:51:26 GMT

A port regulation adopted by Peru to combat illegal fishing by Chinese squid vessels appears to have backfired and driven the world’s largest overseas fishing fleet deeper into the shadows, increasing the risk of forced labor, according to new research.Peru in 2020 began requiring any foreign fishing boat entering its ports to use a vessel monitoring system allowing its activities to be tracked in real time 24 hours a day. The equipment, which tracks a vessel’s geographic position and fishing activity through a proprietary satellite communication system, sought to provide authorities with visibility into several hundred Chinese squid vessels that every year amass off the west coast of South America. With the support of Global Fishing Watch, a non-profit that encourages sustainable fishing, Peru joined a handful of countries making the information publicly available as well. Decades of overfishing have pushed China’s fishing fleet farther from home. But its expansion to far-flu...

Sunstone Hotel: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 08:51:26 GMT

ALISO VIEJO, Calif. (AP) — ALISO VIEJO, Calif. (AP) — Sunstone Hotel Investors Inc. (SHO) on Friday reported a key measure of profitability in its first quarter. The results topped Wall Street expectations.The Aliso Viejo, California-based real estate investment trust said it had funds from operations of $43.8 million, or 21 cents per share, in the period.The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 17 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $17.3 million, or 8 cents per share.The hotel real estate investment trust, based in Aliso Viejo, California, posted revenue of $243.4 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $223.9 million.For the current quarter ending in June, Sunstone Hotel expects its per-share...

CBOE: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 08:51:26 GMT

CHICAGO (AP) — CHICAGO (AP) — CBOE Global Markets, Inc. (CBOE) on Friday reported first-quarter profit of $172.6 million.On a per-share basis, the Chicago-based company said it had profit of $1.63. Earnings, adjusted for one-time gains and costs, were $1.90 per share.The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share.The holding company for the Chicago Board Options Exchange posted revenue of $988.2 million in the period. Its adjusted revenue was $471.4 million, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $481 million.CBOE shares have climbed 9% since the beginning of the year. The stock has risen 20% 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 CBOE at https://www.zacks.com/ap/CBOESource

CNH: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 08:51:26 GMT

LONDON (AP) — LONDON (AP) — CNH Industrial NV (CNHI) on Friday reported first-quarter net income of $482 million.The London-based company said it had net income of 35 cents per share.The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.The truck, tractor and bus maker posted revenue of $5.34 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $5.15 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNHI at https://www.zacks.com/ap/CNHISource

Dominion Energy: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 08:51:26 GMT

RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — Dominion Energy Inc. (D) on Friday reported first-quarter earnings of $997 million.On a per-share basis, the Richmond, Virginia-based company said it had net income of $1.17. Earnings, adjusted for non-recurring gains, were 99 cents per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.The energy company posted revenue of $5.25 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $4.47 billion.For the current quarter ending in June, Dominion Energy expects its per-share earnings to range from 58 cents to 68 cents. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.08._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on D at https://www.zacks.com/ap/D...

E.W. Scripps: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 08:51:26 GMT

CINCINNATI (AP) — CINCINNATI (AP) — E.W. Scripps Co. (SSP) on Friday reported a loss of $18.5 million in its first quarter.On a per-share basis, the Cincinnati-based company said it had a loss of 37 cents. Losses, adjusted for restructuring costs, came to 17 cents per share.The television and radio company posted revenue of $527.8 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 SSP at https://www.zacks.com/ap/SSPSource

Twist Bioscience: Fiscal Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 08:51:26 GMT

SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Twist Bioscience Corp. (TWST) on Friday reported a loss of $59.2 million in its fiscal second quarter.The South San Francisco, California-based company said it had a loss of $1.04 per share. Losses, adjusted for non-recurring gains, came to $1.06 per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.09 per share.The maker of synthetic DNA for the biotechnology industry posted revenue of $60.2 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $56.6 million.For the current quarter ending in June, Twist Bioscience said it expects revenue in the range of $60 million to $61 million.The company expects full-year revenue in the range of $235 million to $238 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Inv...

TransAlta: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 08:51:26 GMT

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — TransAlta Corp. (TAC) on Friday reported first-quarter earnings of $217.4 million.On a per-share basis, the Calgary, Alberta-based company said it had profit of 81 cents.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.The power generation and marketing company posted revenue of $805.4 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 TAC at https://www.zacks.com/ap/TACSource

Where is the best margarita in the Denver metro area?

Published Wed, 26 Feb 2025 08:51:26 GMT

DENVER (KDVR) -- Whether you like your margarita with salt and a lime or frozen with sugar, there are plenty of places across the Denver metro area to get one that fits your style.Friday is Cinco de Mayo and if you are looking for the best margarita to help you celebrate, we have you covered. Senior says she’s not allowed to wear sash with Mexican flag at graduation What does social media say?We asked FOX31 viewers on social media where the best margaritas are in the Denver metro area. Here are some of the responses we received:Rio Grande Mexican RestaurantHacienda ColoradoLa LomaCostere Mexican RestaurantBar TacoAgave Taco BarSi SenorsLos Dos PotrillosD’CorazonEl Dorado Mexican RestaurantEl Jardin Mexican RestaurantWhat do reviews say?Here is a look at the 10 highest rated places for margaritas in the Denver metro area according to Google reviews. Each place on this list had at least 4.5 stars and 1,000 or more reviews:D’Corazon Mexican Restaurant- 4.7 stars for 1,833 reviewsAdel...

Closing arguments near in stepmom's murder trial in Colorado

Published Wed, 26 Feb 2025 08:51:26 GMT

DENVER (AP) — Closing arguments are expected Friday in the trial of a woman accused of killing her 11-year-old stepson in Colorado, putting his body in a suitcase and then dumping it over a bridge in Florida.Authorities allege Letecia Stauch killed Gannon Stauch by stabbing and shooting him a few hours before reporting him missing on Jan. 27, 2020, while his father was on a National Guard deployment.Stauch was charged with first-degree murder, tampering with a deceased human body and tampering with physical evidence. Aspiring Colorado model falls to her death from hotel roof, boyfriend arrested Attorneys for Stauch, who has pleaded not guilty by reason of insanity, countered that by claiming she suffered a “major psychotic crack” as a result of childhood trauma when she killed Gannon.The state mental hospital concluded that Stauch was sane at the time Gannon was killed, The Gazette reported. Under Colorado law, that means understanding the difference between right and wrong and be...