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East West Bancorp: Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 02:42:03 GMT

PASADENA, Calif. (AP) — PASADENA, Calif. (AP) — East West Bancorp Inc. (EWBC) on Thursday reported first-quarter earnings of $322.4 million.The bank, based in Pasadena, California, said it had earnings of $2.27 per share. Earnings, adjusted for one-time gains and costs, came to $2.32 per share.The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.16 per share.The bank holding company posted revenue of $895.5 million in the period. Its revenue net of interest expense was $659.8 million, missing Street forecasts. Six analysts surveyed by Zacks expected $667.1 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EWBC at https://www.zacks.com/ap/EWBCSource

Japan PM denounces attack, vows security review before G7

Published Mon, 24 Feb 2025 02:42:03 GMT

TOKYO (AP) — Japanese Prime Minister Fumio Kishida denounced a pipe bomb attack at a campaign event he attended last weekend and pledged to review security procedures to ensure safety for dignitaries visiting the country for the Group of Seven summit he will host in May.“No matter what the reason is, the use of violence to shut down free speech should never be tolerated,” Kishida told selected media from G-7 countries on Thursday at the Prime Minister’s Office, as he stressed that the attack occurred during a nationwide local election campaign.“The election, which is the foundation of democracy, should not succumb to violence. We must carry out the election until the end,” he said, explaining why he has continued to deliver speeches since the attack on Saturday. A man hurled a pipe bomb at Kishida at the fishing port of Saikazaki in the western prefecture of Wakayana just before he was to make a campaign speech for a local candidate from his governing party. The moment t...

Barcelona needs to beat Atletico to avoid fears of meltdown

Published Mon, 24 Feb 2025 02:42:03 GMT

BARCELONA, Spain (AP) — Barcelona may be lucky Real Madrid has loftier goals than trying to mount a desperate comeback in the Spanish league.If not, then Barcelona would face Sunday’s game against Atletico Madrid with the added pressure of ending its scoring drought to ensure it doesn’t get mired in a late-season slump.Barcelona still has a healthy lead of 11 points over Madrid with nine games remaining. But the team hasn’t scored in three straight games after being beaten by Madrid 4-0 in the Copa del Rey and being held to scoreless draws against modest league opponents in Girona and Getafe.So a loss to Atletico combined with a win the previous night by Madrid when it hosts Celta Vigo could stir up fears of a meltdown as Barcelona tries to win its first league title since the departure of Lionel Messi two seasons ago.Madrid, however, has two other titles almost in its grasp. The team will play Osasuna in the Copa del Rey final in Seville on May 6, and three days later it will...

Milan teams turn focus to league ahead of Champions League

Published Mon, 24 Feb 2025 02:42:03 GMT

MILAN (AP) — A city that boasts two teams with a combined 10 European Cup titles has both back in the semifinals of this year’s Champions League — and set to play each other for a spot in the final.Inter Milan and AC Milan need to control their excitement, however, and put their focus back on Serie A, where they are each at risk of not qualifying for next season’s Champions League.Inter Milan completed a 5-3 aggregate victory over Benfica on Wednesday to reach the semifinals for the first time since José Mourinho led the team to the treble of the Champions League, Serie A and Italian Cup in 2010.That came a day after seven-time European champion AC Milan prevailed over Napoli to earn a spot in the final four for the first time since winning the title in 2007.The Milan teams also met in the 2003 semifinals, with AC Milan winning on away goals and going on to beat Juventus in the final.Milan will host Inter on May 10 before the return leg six days later — with both matches playe...

Union Pacific: Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 02:42:03 GMT

OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Union Pacific Corp. (UNP) on Thursday reported first-quarter profit of $1.63 billion.On a per-share basis, the Omaha, Nebraska-based company said it had profit of $2.67.The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.57 per share.The railroad posted revenue of $6.06 billion in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $6.07 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNP at https://www.zacks.com/ap/UNPSource

OFG: Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 02:42:03 GMT

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Thursday reported net income of $46.2 million in its first quarter.The bank, based in San Juan, Puerto Rico, said it had earnings of 96 cents per share.The financial holding company posted revenue of $177.5 million in the period. Its revenue net of interest expense was $164.4 million, topping Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OFG at https://www.zacks.com/ap/OFGSource

German court says it won’t hear case against McCann suspect

Published Mon, 24 Feb 2025 02:42:03 GMT

BERLIN (AP) — A German court said Thursday that it has decided not to hear a sex offenses case against a man who also is a suspect in the disappearance of British toddler Madeleine McCann, arguing that the region where it is located isn’t the last place he lived in Germany.Prosecutors in the northern city of Braunschweig in October charged the German suspect in his mid-40s in several separate cases involving sexual offenses allegedly committed in Portugal between 2000 and 2017.The suspect hasn’t been charged in the McCann case, in which he is under investigation on suspicion of murder. He spent many years in Portugal, including in the resort of Praia da Luz around the time of Madeleine’s disappearance there in 2007. He has denied any involvement in her disappearance.The suspect, who has been identified by media as Christian Brueckner, is currently serving a seven-year prison sentence in Germany for a rape he committed in Portugal in 2005.In the German legal system, a cou...

India superará a China como el país más poblado del mundo a mediados de año, dice la ONU

Published Mon, 24 Feb 2025 02:42:03 GMT

(CNN) — India está lista para superar a China como la nación más poblada del mundo, con casi 3 millones de personas más para mediados de este año, según mostraron los datos publicados por las Naciones Unidas este miércoles.Según las proyecciones, la población de la India a mediados de año alcanzará los 1.428 millones, en comparación con los 1.425 millones de China; son 2,9 millones de habitantes menos, según el “Informe sobre el estado de la población mundial” del Fondo de Población de las Naciones Unidas (UNFPA) para 2023.Funcionarios de la ONU dijeron que no es posible determinar la fecha exacta del cambio, debido a la “incertidumbre” sobre los datos provenientes de China e India. El último censo de India fue en 2011 y el más reciente, programado para 2021, se retrasó durante la pandemia de covid-19.Estados Unidos es un tercio muy distante, con una población estimada de 340 millones, mostraron los datos, que reflejan la información disponible hasta febrero.La pob...

Warning: Picking up folded money could be dangerous

Published Mon, 24 Feb 2025 02:42:03 GMT

DENVER (KDVR) -- A sheriff's office in Kansas says a resident recently found a folded up dollar bill in their yard and when they unfolded it, a white substance spilled out.The resident reported the incident to the sheriff's office and the sheriff's office confiscated the money. They also tested the money, and it tested positive for methamphetamine. ‘It is unbearable’: This is the smelliest place in Denver, according to complaints "In recent years, there have been numerous reports of people discovering folded one dollar bills that contain illegal and potentially dangerous drugs. While using folded money or paper to transport drugs has long been a common practice, the emergence of substances like fentanyl has made it exceptionally hazardous," the Lane County Kansas Sheriff's Office said.Should Coloradans be concerned?FOX31 reached out to the Colorado State Patrol to see if this is a concern for our state. Master Trooper Gary Cutler said this should be aware of in every state. "Unfor...

Denver Nuggets go 2-0 in playoffs for first time in 14 years

Published Mon, 24 Feb 2025 02:42:03 GMT

DENVER (KDVR) — The Denver Nuggets are on fire this playoff season with a 2-0 lead for the first time since 2009.During Wednesday's game against Minnesota, the Nuggets snatched away any hope the Timberwolves had at tying the series 1-1. Jamal Murray scored 40 points and Michael Porter Jr. had 13 of his 16 in the fourth quarter, powering the Nuggets past the Timberwolves 122-113. Rockies have lowest attendance in 10 years at regular home game Looking back at the Nugget's playoff history, this is the first time the team has had a 2-0 start in 14 years. The last time this happened was during the 2008-2009 season when the Nuggets started 2-0 against the New Orleans Hornets, now known as the New Orleans Pelicans, and ultimately won the series 4-1.During that season, the Nuggets had some of its most iconic all-stars on the roster including Chauncey Billups and Carmelo Anthony. The Nuggets are only two wins away from advancing to the NBA Conference Semifinals, but the series now shifts u...