
Frontline: Q1 Earnings Snapshot
LIMASSOL, Cyprus (AP) — LIMASSOL, Cyprus (AP) — Frontline plc (FRO) on Friday reported net income of $33.3 million in its first quarter.
The Limassol, Cyprus-based company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring costs, were 18 cents per share.
The shipping company posted revenue of $428.1 million in the period. Its adjusted revenue was $248.1 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRO at https://www.zacks.com/ap/FRO

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
28 minutes ago
- Yahoo
Rusty Taco seeks liquor license in Rockford for first Illinois location
ROCKFORD, Ill. (WTVO) — , a Texas-based fast-food chain, is seeking a liquor license to open a location in Rockford. The company has multiple locations across the United States, but the Rockford restaurant would be . An application filed with the City of Rockford Liquor and Advisory Board requests a permit to sell liquor in conjunction with a sit-down restaurant to be located at 6905 E. State Street, at the corner of E. State and Perryville Road. The chain sells seafood, beef, chicken, pork, and vegetarian tacos and bowls, along with street taco bowls, burritos, breakfast tacos, breakfast bowls, nachos, deserts, and more. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
28 minutes ago
- Yahoo
Former University of Michigan president rejected for University of Florida's top job amid conservative backlash
St. Petersburg, Florida (AP) — Longtime academic Santa Ono was rejected Tuesday for the University of Florida presidency by the state university system board amid sharp criticism from political conservatives about his past support for diversity, equity and inclusion programs and other initiatives they view as unacceptable liberal ideology. The Florida Board of Governors, which oversees the state's universities, voted 10-6 against Ono, who was most recently president of the University of Michigan. The University of Florida Board of Trustees had voted unanimously in May to approve Ono as the school's 14th president, and it is unprecedented for the governors to reverse such an action. Now the search will start all over. Ono's proposed contract included a number of ideological requirements, such as how well he stopped programs that focus on diversity, equity and inclusion, or DEI. He was to cooperate with Gov. Ron DeSantis' Office of Government Efficiency — similar to the office created by President Donald Trump — and appoint other university officials and deans who are 'firmly aligned' with Florida's approach. Several prominent conservatives raised questions about Ono before the vote over pro-Palestinian protests, climate change efforts, gender ideology and DEI programs at the University of Michigan and his previous academic positions. These actions, Republican U.S. Sen. Rick Scott of Florida said on the X social platform, show 'he is willing to appease and prioritize far-left activists over ensuring students are protected and receive a quality education.' Others raising objections include Donald Trump Jr. and Florida GOP U.S. Reps. Byron Donalds, Greg Steube and Jimmy Patronis. Donalds is a Republican candidate for governor. Writing in Inside Higher Ed, Ono said he supported DEI initiatives at first because they aim was 'equal opportunity and fairness for every student.' 'But over time, I saw how DEI became something else — more about ideology, division and bureaucracy, not student success,' Ono wrote, adding that he eventually limited DEI offices at Michigan. 'I believe in Florida's vision for higher education.' DeSantis, a Republican who has pushed reforms in higher education to eliminate what he calls 'woke' policies such as DEI, did not take a public stand on Ono but did say at a recent news conference that some of his statements made the governor 'cringe.' Ono faced similar pointed questions at Tuesday's meeting — especially from former Republican state House speakers Paul Renner and Jose Oliva — leading board member Charles Lydecker to object to the procedure. 'We have never used this as a forum to interrogate. This is not a court of law. Candidly, this process does not seem fair to me,' Lydecker said. Oliva, however, questioned how to square Ono's many past statements about hot-button cultural issues with his more conservative stance now that he sought the Florida job. 'Now we are told to believe you are now abandoning an entire ideological architecture,' Oliva said. 'We are asking someone to lead our flagship university. I don't understand how it becomes unfair.' Steube, writing on X, praised the board for its decision. 'Great news for my alma mater and the state of Florida! The Board of Governors heard us loud and clear: Santa Ono was the wrong choice for UF,' the congressman said. Ono was to replace Kent Fuchs, who became the school's temporary, interim president last summer after ex-U.S. Sen. Ben Sasse stepped down. Sasse left the U.S. Senate, where he had represented Nebraska, to become the university's president in 2023. Sasse announced in July he was leaving the job after his wife was diagnosed with epilepsy. Later reports surfaced that Sasse gave six former staffers and two former Republican officials jobs with salaries that outstripped comparable positions and spent over $1.3 million on private catering for lavish dinners, football tailgates and extravagant social functions in his first year on the job. Ono is also the former president of the University of British Columbia and the University of Cincinnati.
Yahoo
28 minutes ago
- Yahoo
Alaska Airlines to launch flights to Rome next year
Alaska Airlines is making its Europe debut with the launch of nonstop flights to Rome next year. The Seattle-based carrier will operate four weekly flights to and from its Pacific Northwest hub to the popular Italian city starting in May 2026. Flights from Seattle-Tacoma Internatinal Airport and Rome Fiumicino Leonardo da Vinci Airport will go on sale in the fall. The airline says it selected Rome as its first European destination because it's one of the 'most requested' destinations among its reward members. This will be the third long-haul international route Alaska will launch from its Seattle home base since acquiring Hawaiian Airlines and its fleet of long-haul jets in 2024. According to Alaska Airlines CEO Ben Minicucci, the carrier plans to expand its global reach, intending to fly to 12 international destinations on multiple continents by 2030. Last month, Alaska launched its inaugural flights to Tokyo's Narita International Airport. Flights to Seoul, South Korea, are up next, which start on Sept. 12. The new Seattle-Rome route will also double as the launch for Alaska's new flagship international Dreamliner experience on board the new Boeing 787-9 Dreamliner Jets, which is expected to include all-new business-class suites and amenities. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.