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Bank of Marin: Q2 Earnings Snapshot

Published Sat, 22 Feb 2025 11:58:20 GMT

NOVATO, Calif. (AP) — NOVATO, Calif. (AP) — Bank of Marin Bancorp (BMRC) on Monday reported second-quarter profit of $4.6 million.The bank, based in Novato, California, said it had earnings of 28 cents per share.The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.The bank holding company posted revenue of $37.4 million in the period. Its revenue net of interest expense was $26.9 million, also missing Street forecasts. Three analysts surveyed by Zacks expected $29.1 million.Bank of Marin shares have declined 40% since the beginning of the year. The stock has decreased 39% 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 BMRC at https://www.zacks.com/ap/BMRCSource

In Champions League qualifying, 1993 champion Marseille paired with Dnipro-1 or Panathinaikos

Published Sat, 22 Feb 2025 11:58:20 GMT

NYON, Switzerland (AP) — Marseille, the first winner of the rebranded Champions League in 1993, was paired with either Ukrainian club Dnipro-1 of Ukraine or Greek team Panathinaikos on Monday in the draw for the third qualifying round.After finishing third in the French league last season, Marseille needs to advance through two rounds to get to the 32-team group stage.Marseille’s path through the first of those rounds was drawn three days after the club won a ruling at the Court of Arbitration for Sport which lifted the threat of a one-year ban on registering new players. The club can now recruit freely for the new season.A second former champion, PSV Eindhoven, was in Monday’s draw. The 1988 European Cup champions will be at home first on Aug. 8 or 9 against Austrian club Sturm Graz.A separate section of the draw for teams from higher-ranked countries that did not win their domestic title saw Rangers paired with Servette or Genk, and Braga paired with Serbian club TSC Backa Topola....

Stellantis to build second US electric vehicle battery plant in joint venture with Samsung

Published Sat, 22 Feb 2025 11:58:20 GMT

DETROIT (AP) — Stellantis says it will build a second U.S. electric vehicle battery factory in a joint venture with Samsung.The automaker didn’t disclose the location but said Monday that it signed a memorandum of understanding with Samsung SDI under its existing joint venture called StarPlus Energy.The new plant will open in early 2027, joining a joint-venture facility in Kokomo, Indiana, that’s already under construction and scheduled to start production in early 2025.CEO Carlos Tavares said in a prepared statement that the second plant will help the company offer at least 25 new battery-electric vehicles in North America by the end of the decade.Stellantis is planning for half its U.S. passenger car and light truck sales to be battery electric by 2030. The company wants 100% of its sales in Europe to be electric in the same time frame.No financial details of the new venture were released. The Kokomo plant, about 60 miles (97 kilometers) north of Indianapolis will empl...

Enfrentamientos en cárcel de Ecuador deja al menos seis reos muertos

Published Sat, 22 Feb 2025 11:58:20 GMT

QUITO- A 6 ascendió la cifra de reos fallecidos en enfrentamientos entre personas privadas de la libertad (PPL) en una cárcel de la provincia costera del Guayas, que dejó también 11 heridos, informó este domingo el Servicio Nacional de Atención Integral a Personas Adultas Privadas de la Libertad y Adolescentes infractores (SNAI).Tras los enfrentamientos entre grupos de delincuencia organizada (GDO) ocurridos la tarde del sábado y este domingo, en el Centro de Privación de la Libertad (CPL) Guayas N 1, el SNAI indicó que se activó el Comité de Seguridad en Crisis en el Puesto de Mando Unificado.Un vehículo blindado de las Fuerzas Armadas llega a la Penitenciaría del Litoral, en Guayaquil (Ecuador). EFE/Jonathan Miranda“Lamentamos informar que, hasta el momento se registran cinco personas privadas de la libertad fallecidas y once resultaron heridas producto de estos sucesos, quienes fueron evacuadas con oportunidad a centros hospitalarios y se encuentran fuera de peligro”, precisó.De ...

2 arrested after shooting at man walking dog, fleeing from police in Westminster

Published Sat, 22 Feb 2025 11:58:20 GMT

DENVER (KDVR) — Two people were arrested after attempting to shoot at a man who was walking his dog in Westminster. Sunday at 6:16 p.m., Westminster Police were called to a shooting near 76th Avenue and Sheridan Boulevard. The intersection is in the southwest corner of Wolff Run Park.According to police, the victim was walking his dog when a man got out of a car and confronted him. 4 juveniles in custody following armed robbery, police chase WPD said the suspect fired at the victim, but the victim was not hit. It is unknown if the victim and suspect knew each other. The suspect got back in the car and fled. Once Westminster officers arrived at the area they located a vehicle matching the suspect's description and attempted to stop it, but the car continued to drive away. Woman dies in head-on crash in Steamboat Springs Officers pursued the suspect's car up until it crashed near 48th and Lincoln Street in Denver, which is about 10 miles away from the original shooting location.Af...

Border Patrol seizes 70 lbs. of cocaine worth $1.1M in Florida Keys

Published Sat, 22 Feb 2025 11:58:20 GMT

FLORIDA KEYS, Fla. (WSVN) – In a drug bust over the weekend, Border Patrol agents in the Miami Sector intercepted 70 pounds of cocaine with an estimated value of approximately $1.1 million.The cocaine was discovered by a vigilant recreational boater navigating the waters of the Florida Keys.The boater spotted the suspicious package and immediately alerted the authorities. Border Patrol agents promptly responded to the call and launched an operation to retrieve the package, which was later confirmed to contain cocaine.The investigation into the origin of the drugs and the individuals behind the smuggling attempt is currently underway.

UK chaos slowed Tory efforts to tackle Islamophobia, report warns

Published Sat, 22 Feb 2025 11:58:20 GMT

LONDON — The “political turbulence” plaguing the U.K. Conservative Party over the last two years has slowed its internal efforts to tackle Islamophobia, a new report has found.Former equalities and human rights commissioner Swaran Singh was asked in 2019 to carry out an in-depth review of the way the governing party handles allegations of anti-Muslim abuse after a string of complaints. His report, along with a host of recommendations for change, finally landed in 2021 — and Monday’s follow-up aims to track progress against those recommendations.The report lauds some success, but also finds “weaknesses” in the Conservative Party’s implementation of Singh’s asks. And it says Britain’s tumultuous political scene is in part to blame.Singh points out that since the publication of his 2021 report, the Tories have had “three leaders, two CEOs and seven Party Chairs. Each of these changes has had an unavoidable impact on the day-to-day running of the Party and ...

Spanish prosecutors call for new arrest warrant for Catalan separatists

Published Sat, 22 Feb 2025 11:58:20 GMT

Spanish prosecutors are calling for a new international arrest warrant to be issued against Catalan independence leaders Carles Puigdemont and Toni Comín, weeks after a top EU court stripped them of their European Parliament immunity. The Spanish state prosecutor’s office — Fiscalía — on Monday asked Supreme Court judge Pablo Llarena to issue a new European arrest warrant for the two MEPs, Spanish news outlets reported, for the crime of embezzlement.The news comes less than a month after the EU’s General Court ruled that Puigdemont, Comín and fellow MEP Clara Ponsatí should be stripped of their parliamentary immunity, paving the way for their extradition and prosecution.Puigdemont can appeal that ruling to the Court of Justice of the European Union, something he said he is planning to do. But Spanish outlets reported that an appeal would not cause the ruling to be suspended.Puigdemont fled Spain for Belgium in the immediate aftermath of the 2017 Catalan independence refere...

Macron on how to stop young rioters: Get mum and dad to restore order

Published Sat, 22 Feb 2025 11:58:20 GMT

PARIS — French President Emmanuel Macron said that France should focus on restoring order and shoring up the authority of parents in its response to the riots that rocked French suburbs last month.“The lesson I draw is order, order, order. Our country needs a return of authority at every level, and firstly in the family,” Macron said during an interview with French channels TF1 and France 2 on Monday.Last month, the fatal shooting of Nahel M., a 17-year-old of North African descent, during a police operation sparked several days of unrest in France’s poorer suburbs, with young rioters often targeting symbols of the French state such as schools, police stations and even libraries.The unrest sparked a debate about the failing authority of parents, with members of government warning that parents would have to pay for the damage caused by their children.According to the French president, the average age of youths arrested during the riots was 16 and an overwhelming majority came f...

Kelly Ayotte launches campaign for governor of New Hampshire

Published Sat, 22 Feb 2025 11:58:20 GMT

(CNN) — Former New Hampshire Republican Sen. Kelly Ayotte announced a campaign for governor on Monday, entering the race to succeed popular Republican Gov. Chris Sununu in 2024. Sununu’s surprise announcement last week that he would not seek a fifth two-year term set off what is likely to be a competitive election in the Granite State that could draw several contenders. “I’m running for governor because New Hampshire is one election away from becoming Massachusetts – from becoming something we are not,” Ayotte said in a statement.Ayotte is a veteran of New Hampshire Republican politics, first serving as state attorney general in 2004 and then elected as US senator in 2010. She was defeated in 2016 by then-Gov. Maggie Hassan in an extremely close race, losing by just over 1,000 votes.  As a senator, Ayotte had a reputation as a bipartisan dealmaker, but in her 2016 reelection bid she struggled to navigate a political environment dominated...