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Italy’s antitrust watchdog probes Apple over competition in app market

Published Tue, 18 Feb 2025 21:10:50 GMT

MILAN (AP) — Italy’s antitrust authority is probing allegations that Apple is abusing its dominant position in the app market, thwarting competition, officials said Thursday.The authority alleges that Apple’s privacy policy for third-party developers is more restrictive than the one applied to its own apps, using language that discourages tracking.In addition, the antitrust authority alleges that outside developers also face restrictions in the quality of data provided by Apple regarding the effectiveness of advertising, impacting revenues in favor of Apple’s own apps.The authority said the data is essential in outlining the appeal of the app to potential advertisers. “The presumed discriminatory conduct by Apple can cause a drop in advertising proceeds by third-party developers, in favor of its own commercial division,” as well as impeding competition on the Apple app market, it said.The technology company, based in Cupertino, California, did not immediately respond to a request fo...

Utz Brands: Q1 Earnings Snapshot

Published Tue, 18 Feb 2025 21:10:50 GMT

HANOVER, Pa. (AP) — HANOVER, Pa. (AP) — Utz Brands, Inc. (UTZ) on Thursday reported a loss of $9.1 million in its first quarter.On a per-share basis, the Hanover, Pennsylvania-based company said it had a loss of 11 cents. Earnings, adjusted for non-recurring costs, came to 11 cents per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.The company posted revenue of $351.4 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $352.1 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UTZ at https://www.zacks.com/ap/UTZSource

Immunic: Q1 Earnings Snapshot

Published Tue, 18 Feb 2025 21:10:50 GMT

NEW YORK (AP) — NEW YORK (AP) — Immunic, Inc. (IMUX) on Thursday reported a loss of $25.3 million in its first quarter.On a per-share basis, the New York-based company said it had a loss of 58 cents.The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 54 cents per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMUX at https://www.zacks.com/ap/IMUXSource

Sotherly Hotels: Q1 Earnings Snapshot

Published Tue, 18 Feb 2025 21:10:50 GMT

WILLIAMSBURG, Va. (AP) — WILLIAMSBURG, Va. (AP) — Sotherly Hotels Inc. (SOHO) on Thursday reported a key measure of profitability in its first quarter.The Williamsburg, Virginia-based real estate investment trust said it had funds from operations of $4.7 million, or 24 cents per share, in the period.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 a loss of $582,000, or 3 cents per share.The real estate investment trust, based in Williamsburg, Virginia, posted revenue of $43.5 million in the period.For the current quarter ending in June, Sotherly Hotels expects its per-share funds from operations to range from 40 cents to 44 cents.The company said it expects revenue in the range of $48.9 million to $51.3 million for the fiscal second quarter._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investmen...

Algonquin Power & Utilities: Q1 Earnings Snapshot

Published Tue, 18 Feb 2025 21:10:50 GMT

OAKVILLE, Ontario (AP) — OAKVILLE, Ontario (AP) — Algonquin Power & Utilities Corp. (AQN) on Thursday reported first-quarter earnings of $270.1 million.On a per-share basis, the Oakville, Ontario-based company said it had profit of 39 cents. Earnings, adjusted for non-recurring gains, were 17 cents per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.The utility operator posted revenue of $778.6 million in the period.Algonquin Power & Utilities shares have climbed 37% since the beginning of the year. The stock has decreased 34% 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 AQN at https://www.zacks.com/ap/AQNSource

Himax: Q1 Earnings Snapshot

Published Tue, 18 Feb 2025 21:10:50 GMT

TAIWAN, Taiwan (AP) — TAIWAN, Taiwan (AP) — Himax Technologies Inc. (HIMX) on Thursday reported earnings of $14.9 million in its first quarter.The Taiwan, Taiwan-based company said it had net income of 9 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 12 cents per share.The fabless semiconductor company posted revenue of $244.2 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 HIMX at https://www.zacks.com/ap/HIMXSource

Agentes de asilo, del Servicio Secreto y soldados se desplazaron hacia la frontera sur de EE.UU. por el vencimiento del Título 42

Published Tue, 18 Feb 2025 21:10:50 GMT

(CNN) — Pocas horas antes de que el Título 42 expirara este jueves a primera hora, Estados Unidos lanzó una oleada de agentes de asilo, soldados y agentes federales hacia la frontera sur, anticipando que la desaparición de la política de restricción fronteriza de la era Trump podría provocar una afluencia de inmigrantes aún mayor que el país que ya se ha visto en las últimas semanas.Cerca de 1.000 agentes de asilo fueron enviados a la patrulla fronteriza y a los centros de detención de inmigrantes para ayudar a evaluar las solicitudes de asilo, dijo este miércoles el secretario de Seguridad Nacional, Alejandro Mayorkas. Y también se espera que agentes del Servicio Secreto de EE.UU. y algunos sheriffs de EE.UU., entre otros trabajadores federales, se desplieguen para ayudar a las autoridades fronterizas, dijeron a CNN dos funcionarios de Seguridad Nacional.Eso se suma a los 550 oficiales estadounidenses, en su mayoría del Ejército, que comenzaron una misión este miércoles para ...

Haemonetics: Fiscal Q4 Earnings Snapshot

Published Tue, 18 Feb 2025 21:10:50 GMT

BOSTON (AP) — BOSTON (AP) — Haemonetics Corp. (HAE) on Thursday reported fiscal fourth-quarter profit of $29.4 million.On a per-share basis, the Boston-based company said it had net income of 57 cents. Earnings, adjusted for one-time gains and costs, were 77 cents per share.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.The provider blood management systems for health care providers and blood collectors posted revenue of $304.4 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $284.5 million.For the year, the company reported profit of $115.4 million, or $2.24 per share. Revenue was reported as $1.17 billion.Haemonetics expects full-year earnings in the range of $3.45 to $3.75 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a ...

Denver weather: Showers all day Thursday with storms on the plains

Published Tue, 18 Feb 2025 21:10:50 GMT

DENVER (KDVR) — Rain showers will be across the Front Range Thursday with cooler highs and breezy winds in the Denver weather forecast. Tornado touches down near Brush during live newscast Flood watches are in effect across the Front Range and plains, with winter storm warnings and winter weather advisories in effect in the high country as they will see snow.Pinpoint Weather: Advisories on May 11.Weather today: Rain showersRain will stay across the Front Range Thursday with a slight breakthrough midday. Temperatures will remain in the middle 50s, keeping us cool with an increasing afternoon wind. Hail up to 4 inches fell Wednesday in Colorado: See the list There is a chance for some thunderstorms along the far eastern side of the plains this afternoon.Pinpoint Weather: Daily forecast on May 11. Weather tonight: Rain continuesSteady showers stick around Thursday night with seasonal lows in the mid-40s. Winds will also stay brisk overnight out of the northwest at 10-20 mph.Pinpo...

Strasburg hit hard by hail during Wednesday's storm

Published Tue, 18 Feb 2025 21:10:50 GMT

STRASBURG, Colo. (KDVR) — On the Eastern Plains, in the town of Strasburg, it was the calm after the storm."It went from being kinda nice out to all of a sudden, in a snap of a finger, just massive hail," said Irene Ringer, a Strasburg resident.It was a quick-hitting hail storm that in most Strasburg neighborhoods didn't miss much.Ringer's husband shot cell phone video just before 5 p.m. Wednesday of their swimming pool appearing to boil over with pinball-sized hail falling from the sky. Tornado touches down near Brush during live newscast "It looked like fish were popping up out of the water into the gutter because the hail was so big as it was dropping down into the water," said Ringer.The Ringer's SUV was also left blanketed in leaves."All four of our vehicles have cracked windshields," said Ringer.Some might say, it's May, it's the Eastern Plains, hail happens."The last time this happened was 2016, I wanna say, and this is much worse than that storm," said Ringer.Thankfully, t...