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Garmin: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 01:39:59 GMT

SCHAFFHAUSEN, Switzerland (AP) — SCHAFFHAUSEN, Switzerland (AP) — Garmin Ltd. (GRMN) on Wednesday reported second-quarter earnings of $287.9 million.The Schaffhausen, Switzerland-based company said it had profit of $1.50 per share. Earnings, adjusted for non-recurring gains, came to $1.45 per share.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.The maker of personal navigation devices posted revenue of $1.32 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.28 billion.Garmin expects full-year earnings to be $5.15 per share, with revenue expected to be $5.05 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GRMN at https://www.zacks.com/ap/GRMNSource

Colliers International: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 01:39:59 GMT

TORONTO (AP) — TORONTO (AP) — Colliers International Group Inc. (CIGI) on Wednesday reported a loss of $6.9 million in its second quarter.On a per-share basis, the Toronto-based company said it had a loss of 16 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to $1.31 per share.The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.The commercial real estate services provider posted revenue of $1.08 billion 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 CIGI at https://www.zacks.com/ap/CIGISource

Police officer fired after guilty verdict in train collision case

Published Wed, 26 Feb 2025 01:39:59 GMT

DENVER (KDVR) — An officer who was convicted of two misdemeanors for leaving a woman in a patrol car before it got hit by a train has been fired from the Fort Lupton Police Department.On July 28, Officer Jordan Steinke was acquitted of the most serious charge she was facing, attempted reckless manslaughter, but was found guilty of two lesser counts. A Weld County judge issued the verdict that Steinke was found guilty of two misdemeanors, third-degree assault and reckless endangerment.On Monday, the Fort Lupton Police Department confirmed that Steinke's employment had been modified from unpaid administrative leave to terminated. Multi-vehicle crash shuts down eastbound I-70 in Jefferson County The Sept. 16, 2022, crash in Fort Lupton was captured by officers’ body cameras. Steinke had placed a 21-year-old woman accused of waving a gun at a fellow driver in the back of a different officer’s patrol car that was sitting on the tracks.Moments later, a train crashed into the car while ...

Police set up perimeter surrounding U-Haul truck with stolen packages

Published Wed, 26 Feb 2025 01:39:59 GMT

A U-Haul truck was found with mail and packages from various addresses has led to a police perimeter in a Plantation neighborhood. The vehicle was found near Northwest 94th Avenue and 15th Street around 4 a.m. Wednesday. Live video footage captured police officers with flashlights as they search the inside of the pickup. The truck appeared to be filled with Amazon packages and boxes in the bed of the truck. It is unclear if any arrests have been made as there was no driver nearby the truck. Authorities have been contacted for more information on this crime. If anyone believes their mail has been stolen, you are urged to call police.If you have any information on this crime call Broward County Crime Stoppers at 954-493-TIPS. Remember, you can always remain anonymous, and you may be eligible for a reward of up to $5,000.Please check back on WSVN.com and 7News for more details on this developing story.

Miami Police searching for woman missing from Brickell area

Published Wed, 26 Feb 2025 01:39:59 GMT

Authorities are seeking assistance in locating a missing woman. Priscilla Leal, 40, has been reported missing since Tuesday and was last seen in the Brickell area. A missing person’s flyer described Leal as being 5 feet, 7 inches in height, weighing 133 pounds and having blonde hair and brown eyes. If you have any information that could assist in locating her, please contact the Miami Police Department at 305-603-6300 or the local Crime Stoppers hotline at 305-579-6111.

Meloni sues rock star who called her ‘racist’ and ‘fascist’

Published Wed, 26 Feb 2025 01:39:59 GMT

Italy’s Prime Minister Giorgia Meloni has taken legal action against Brian Molko from the British band Placebo, after the singer insulted her during a concert near Turin last month.While performing at the Sonic Park music festival on July 11, Molko launched into a rant against Meloni, Italy’s right-wing leader. Shouting in Italian from the stage in front of a 5,000-strong audience, Molko called Meloni a “racist,” a “piece of shit,” and a “fascist,” an outburst that ended up with the local authorities reporting him to prosecutors.Following the incident, prosecutors in Turin officially opened an investigation into Molko for “contempt of the institutions.”Italian news outlets reported Wednesday that Meloni’s lawyers have now taken legal action against the singer, filing a lawsuit for defamation.This is not the first time Meloni has filed a defamation lawsuit. Last year, she took two journalists from Italian newspaper Domani to court over the use of a specific term in an article.

Writers union and Hollywood will resume talks, aiming to end the strike

Published Wed, 26 Feb 2025 01:39:59 GMT

New York (CNN) — Hollywood studios on Tuesday asked the Writers Guild back to the negotiating table in the first known talks since the nearly 100-day strike brought production of most television shows and movies to a halt.The meeting, sought by the Alliance of Motion Picture and Television Producers (AMPTP) and scheduled for Friday, is the first potential sign of a thaw between the two sides and could offer a glimmer of hope for an end to the work stoppage. The Writers Guild represents more than 11,000 writers.It was not known if the studios had also reached out to SAG-AFTRA, which represents 160,000 actors who also went on strike last month, with a similar request. Neither SAG-AFTRA nor AMPTP immediately responded to a request for comment early Wednesday.A settlement would need to be reached with both sides before most movie and television production. Late night television shows stopped airing new episodes with the start of the writers strike...

Column: After the trade deadline, Cubs are going for it — while White Sox are holding auditions for 2024

Published Wed, 26 Feb 2025 01:39:59 GMT

Major League Baseball’s trade deadline ended at 5 p.m. Tuesday with the Chicago Cubs and White Sox going in opposite directions.One man’s white flag is another man’s white pocket square. The Cubs went from potential sellers to buyers with a late-July push to the .500 mark, while the Sox unofficially ended their much-heralded window of contention by becoming sellers.We won’t know for a few months whether the Sox’s decision to unload several pitchers and slugger Jake Burger while keeping Tim Anderson and Dylan Cease was a good sign for ’24, or whether the Cubs’ decision to keep Cody Bellinger and Marcus Stroman and acquire Jeimer Candelario while designating Trey Mancini for assignment means they’re playoff worthy in ’23.But after a couple of months of speculation, fueled by two underachieving teams trying to contend in bad divisions, the Cubs and Sox can now go back to their regularly scheduled seasons, already in progress.Cubs Pr...

Stock market today: Wall Street points lower after Fitch downgrades US government’s credit rating

Published Wed, 26 Feb 2025 01:39:59 GMT

TOKYO — Wall Street was poised to open lower Wednesday after the United States government’s credit rating was cut for just the second time in history.Futures for the Dow Jones industrials slipped 0.3% before the bell and futures for the S&P 500 tumbled 0.5%.Investor optimism was hurt by Fitch Ratings downgrading the U.S. government’s credit rating, citing rising debt at the federal, state, and local levels. The rating was cut Tuesday one notch to AA+ from AAA, the highest possible rating. In 2011, the ratings agency Standard & Poor’s stripped the U.S. of its prize AAA rating. Treasury Secretary Janet Yellen said the move by Fitch was based on outdated data, noting the U.S. economy has rapidly recovered from the pandemic recession.“Some negativity was permeating across Asian equity markets mid-week thanks to Fitch downgrade news. While not a game-changer, news that Fitch downgraded the U.S. credit rating by a notch was enough to put risk appetite on the back foot, as evidence...

Nervous NATO’s nations are beefing up security due to Wagner fighters across borders in Belarus

Published Wed, 26 Feb 2025 01:39:59 GMT

WARSAW, Poland (AP) — NATO allies located along the alliance’s eastern front are growing increasingly worried about the presence of Russia-linked Wagner group mercenaries in Belarus, where some have been deployed since a short-lived mutiny in Russia in June.Poland, Lithuania and Latvia — members of NATO and the European Union which border Belarus — had already been on alert since large numbers of migrants and refugees began arriving at their borders from Belarus two years ago. They have accused Belarus leader Alexander Lukashenko, an ally of Russia, of opening the migration route in an act of “hybrid warfare” aimed at creating instability in the West.Now concerns have grown further since the Wagner troops began arriving in Belarus after their short-lived mutiny in Russia.Poland’s prime minister, Mateusz Morawiecki, said on the weekend that some 100 Wagner fighters in Belarus had approached the border with Poland, specifically a strategically sensitive area known as the Suwalki...