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Frontline: Q3 Earnings Snapshot

Published Sat, 08 Feb 2025 02:15:36 GMT

LIMASSOL, Cyprus (AP) — LIMASSOL, Cyprus (AP) — Frontline plc (FRO) on Thursday reported profit of $107.7 million in its third quarter.On a per-share basis, the Limassol, Cyprus-based company said it had net income of 48 cents. Earnings, adjusted for non-recurring gains, came to 36 cents per share.The shipping company posted revenue of $377.1 million in the period. Its adjusted revenue was $232 million._____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

Stock market today: World shares mostly higher ahead of US price update, OPEC+ meeting

Published Sat, 08 Feb 2025 02:15:36 GMT

BANGKOK (AP) — World shares were mostly higher Thursday ahead of an update on U.S. consumer inflation and a meeting of oil producers in Vienna. U.S. futures rose and oil prices also advanced. Germany’s DAX edged 0.1% higher to 16,189.89 and the CAC 40 in Paris also gained 0.1% to 7,277.03. Britain’s FTSE 100 picked up 0.3% to 7,448.08. The future for the S&P 500 rose 0.1% and that for the Dow Jones Industrial Average was up 0.4%. Later Thursday, the U.S. government is due to release its October data on the Federal Reserve’s preferred measure of inflation. Economists expect that measure to continue easing, as it has been since the middle of 2022. The Federal Reserve is expected to keep its benchmark interest rate steady when it meets in December and to eventually begin paring rates down if inflation remains under control. The prospect of a potential easing of interest rates has relaxed upward pressure on the U.S. dollar, allowing currencies like the Japanese yen to ga...

111: Q3 Earnings Snapshot

Published Sat, 08 Feb 2025 02:15:36 GMT

SHANGHAI (AP) — SHANGHAI (AP) — 111 Inc. (YI) on Thursday reported a loss of $12.8 million in its third quarter.The Shanghai-based company said it had a loss of 16 cents per share.The Operator of a digital and mobile healthcare platform in China posted revenue of $502.4 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 YI at https://www.zacks.com/ap/YISource

Inflation falls to 2.4% in November in the 20 countries using the euro currency, offering some relief to Europeans

Published Sat, 08 Feb 2025 02:15:36 GMT

BRUSSELS (AP) — Inflation falls to 2.4% in November in the 20 countries using the euro currency, offering some relief to Europeans.Source

What concerns teachers highlighted while visiting Prince William Co.’s ombudsman’s office

Published Sat, 08 Feb 2025 02:15:36 GMT

Almost 300 people visited the Prince William County Public Schools ombudsman’s office during the last school year, a 54% increase in cases from the year before, the Virginia school system said.Ombudsman Monique Bookstein gave her annual report to the school board earlier this month, and said that of the 298 visitors in the 2022-23 school year, 233 were school system employees, 55 were parents or guardians and 10 were community members.Over 100 of those people visited the office during the third quarter of the school year, which Bookstein said could be the result of people contemplating a visit during the winter break.Bookstein described her role as working to be a resource for students, parents and school workers who want to voluntarily get help in working through school-related challenges. She told the school board that her job is to listen and provide a confidential path for someone to express a concern, but that she can’t mandate change.“I can’t change wha...

Miami Police searching for liquor thieves

Published Sat, 08 Feb 2025 02:15:36 GMT

Authorities are on the lookout for a duo after a daring tequila heist at Jensen’s Liquors in Miami. In broad daylight Tuesday, a woman managed to swipe four bottles of tequila from the shelves while her accomplice distracted the store manager.The manager, who was momentarily diverted by the accomplice, attempted to intervene but was unsuccessful in preventing the theft. Surveillance footage captures the suspects in action, providing a glimpse into their identities.If you have any information on this crime, call Miami-Dade Crime Stoppers at 305-471-TIPS. Remember, you can always remain anonymous, and you may be eligible for a reward of up to $5,000.

Chilly Start, Milder Finish

Published Sat, 08 Feb 2025 02:15:36 GMT

After back to back chilly days, we’re shaking off the core of the cold this afternoon as temps moderate back toward seasonable levels. That’ll put the high temps in the mid 40s under a partly to mostly sunny sky. The breeze still kicks around, gusting to 20mph, but at least it’ll feel a bit better outside as temps run 5-10 degrees higher than yesterday. Tomorrow, it’ll be even milder, low to mid 50s. However, morning sun fades behind thickening midday clouds and light showers advance in late afternoon/early evening. That’ll likely dampen the evening commute at times, but I don’t expect much heavy rain. Most locations receive a tenth of an inch or less. Saturday starts the weekend mostly cloudy, but mostly dry, aside from a spot sprinkle. Sunday looks to feature more dry hours than wet, but it’s possible that some afternoon showers start to move in. It’s more likely that we’ll see steadier rain and gusty winds start to develop Sun...

Deer Creating “Silent” Crisis For Mass. Farmers

Published Sat, 08 Feb 2025 02:15:36 GMT

An advocate for southeastern Massachusetts farmers said there is a natural disaster putting them out of business, but unlike the farms that were devastated by flooding this summer, there is no fundraiser or emergency money from the Legislature to help.Susan Murray, executive director of the Southeastern Massachusetts Agricultural Partnership, told the Joint Committee on the Environment and Natural Resources that farmers in Norfolk, Bristol and Plymouth counties are suffering under “a silent environmental crisis,” namely an overpopulation of deer that she said leads to more than $1 million in farm losses each year.“This is a crippling financial loss in an industry with tight margins and on the front line of climate change. Farms are an oasis for deer when surrounding forests are depleted due to overpopulation and drought. Deer eat just about every crop we plant, including vegetables, berries, grapes, cranberries, tree fruit, flowers, and nursery crops,” Murray...

Div. 3 Super Bowl preview: Walpole, Milton meet again for all the marbles

Published Sat, 08 Feb 2025 02:15:36 GMT

Walpole coach Chris Sullivan is quick to say the events of Oct. 13 will have little bearing on what transpires Thursday night when the Timberwolves meet Milton for the Div. 3 state title.The Bay State Conference teams met in the regular season and it was a struggling Walpole team that found its mojo that evening. Noah Mackenzie threw for three touchdowns, two going to Jamal Abdal-Khallaq, who also returned an interception for a score in a 42-23 win.That was the second of eight straight wins for a Walpole team which has averaged more than 40 points a game during that stretch. Sullivan isn’t surprised by that as he felt coming into the season his team had a chance to make noise.“I really thought we had a talented team, we scheduled a scrimmage against Catholic Memorial and added King Philip onto our regular-season schedule,” Sullivan said. “We just made too many mistakes against King Philip (a 31-0 loss) and you can’t do that against a team like that.“The next week, we pla...

Div. 6 Super Bowl preview: Salem, Fairhaven have plenty of firepower

Published Sat, 08 Feb 2025 02:15:36 GMT

One team likes to spread things out and get its playmakers in space. The other is a throwback to the past with an offensive attack Army and Navy would enjoy.On Thursday at Gillette Stadium, Salem and Fairhaven will clash for the Division 6 Super Bowl title in a game that features teams that have defeated opponents by an average of almost three touchdowns per game.Fairhaven (11-1) was the No. 8 seed entering the playoffs and rolled through the first two rounds before surviving a late Hudson rally to earn its spot in Foxboro. Even more important for coach Derek Almeida’s squad was its win over Dartmouth on Thanksgiving morning in a game that saw them kick a last-second field goal to win.“Dartmouth was as good as anyone,” Almeida said. “I’m really proud of a lot of our young kids who stepped up in a big situation in that game.”The Blue Devils’ option based attack comes in averaging 33.8 points per game and is led by running back Justin Marques, who has been a workhorse.“We had a ...