Latest news with #FARO
Morocco World
18-07-2025
- Politics
- Morocco World
Spain Calls for United Action Amid Spike in Online Hate Against North Africans
Rabat – Spain has launched an appeal calling for a united action to end the threat to social cohesion amid hate speech targeting North Africans, particularly Moroccans. The disturbing wave of violence against North Africans, including Moroccans, has been ongoing since last week in Torre Pacheco in southeastern Spain, after an isolated assault against a Spanish retiree. The Spanish Observatory on Racism and Xenophobia, under the Ministry of Inclusion, published a June monthly report, monitoring hate speech on social media. The report said that the AI-based system FARO detected over 54,000 instances of hate speech during this period, noting a 12-point increase in hate messages targeting people from North Africa. This shows an increase from 69% in May to 81% in June of all reported content, noting that the wave of hostility coincides with various sociopolitical and sporting events like riots following the Champions League final. Minister of Inclusion Elma Saiz described the use of violence and coded language as dehumanization, recalling the intention to expel vulnerable communities, adding that similar acts are intolerable forms of discrimination. 'We cannot allow hatred to become normalized in a free and democratic society like Spain,' she said. The report highlighted that 56% of the detected content involves dehumanization, while 22% falsely associates the targeted groups with public insecurity, and 14% directly incite their expulsion. The Spanish government cited a partnership between the Ministry of Inclusion and LaLiga, enabling the use of the FARO system. Despite the tool, only 29% of the reported posts were removed by platforms, including TikTok, Facebook, Instagram, YouTube, and X. In July, meanwhile, platforms removed only 8% of reported content from users. 'We need more proactive collaboration from digital platforms,' Saiz said, noting that the response cannot rely on chance or goodwill. 'All platforms must take responsibility for a real and growing threat to social cohesion,' she concluded. Several reports highlighted how parties, including far-right groups, fuel tension and anti-migrant hate as well as Islamophobia. A report by OHCHR said that political leaders 'who only openly use Islamophobia in their public discourses usually belong to far-right Vox or right-wing PP.' Xenophobic hate speech against North African migrants and, more specifically, against migrant unaccompanied minors is mostly used as a political tool by the far-right, it concluded. Tags: African MigrantsMoroccan migrants
Newsweek
26-06-2025
- Politics
- Newsweek
Neil Gorsuch Joins Liberals' Dissent Against Trump DOJ in Immigration Case
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Supreme Court Justice Neil Gorsuch joined liberal justices in dissenting from the majority opinion in an immigration case handed down on Thursday. Why It Matters President Donald Trump's immigration policy and mass deportations have faced legal challenges, with the Supreme Court playing referee on whether many of these policies can stand. On Thursday, the court made a ruling on the case Riley v. Bondi, one of its final rulings of the term. What to Know The case centers around Pierre Riley, a man from Jamaica facing deportation from the United States who had been convicted on drug charges in 2008. After his release in 2021, immigration authorities took him into custody and sought his removal under a final administrative removal order (FARO). Riley did not contest his removal from the U.S. but said he should not be returned to Jamaica under the Convention Against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment (CAT), citing concerns he could be killed by a drug kingpin if he were sent back to Jamaica. An immigration judge sent his case to a "withholding-only proceeding," which decided whether he could be removed to his home country. During that proceeding, a judge granted deferral of his removal to Jamaica over those concerns. Supreme Court Justice Neil Gorsuch poses for an official portrait in Washington, D.C. on October 7, 2022. Supreme Court Justice Neil Gorsuch poses for an official portrait in Washington, D.C. on October 7, Department of Homeland Security (DHS) appealed to the Board of Immigration Appeals (BIA), which opted to enforce the earlier removal order. He petitioned to appeal the order three days later—but the Fourth Circuit found that the petition came more than 30 days after the original order. The court was asked to weigh in on whether Riley's petition "was filed on time because it was filed within 30 days of the BIA order," or if it needed to be filed within 30 days of the original FARO. A second question also focused on whether the 30-day deadline is "jurisdictional." A majority of justices determined the FARO, not the BIA ruling, was not the final order of removal. "The statutory text and our precedents make clear that the FARO is the final order of removal in this case, and withholding-only proceedings do not disturb the finality of an otherwise final order of removal," the Court wrote in the majority opinion penned by Justice Samuel Alito. However, Gorsuch, a Trump appointee, joined the three liberal justices in dissenting from the case. The dissent was written by Justice Sonia Sotomayor and argued that the removal order did not become final until after the Board of Immigration rejected his CAT appeal. "The question is when Riley should have petitioned for judicial review of the Board's order," the dissent reads. "Was his petition due 30 days after the Government first notified him he would be deported, well over a year before the Board issued the order Riley sought to challenge? Or was it instead due 30 days after the order denying his claim for deferral of removal? The answer is clear: One should not be required to appeal an order before it exists." Sotomayor wrote that the majority's opinion rendered the statute in question "incoherent," writing that they held he "should have appealed the order one year and three months before the Board entered it." The dissent noted the result of the ruling could be that "noncitizens facing expedited removal will be forced to file immediate appeals of their removal orders in every case, simply to protect their right to judicial review in the event they lose their ongoing withholding-only proceedings." Notably, Gorsuch did not join part of the dissent in which Sotomayor warned of "untold damage to basic principles of finality and judicial review." On the other hand, justices all agreed on the second question that the 30-day deadline is not jurisdictional but merely a claims-processing rule. What People Are Saying Sotomayor wrote in the dissent: "Perhaps the idea is that noncitizens may seek judicial review of their CAT claims only if, by luck or happenstance, they also have a challenge to the underlying order of removal. The majority's finality rule, however, prevents CAT appeals even under those circumstances. After all, courts will likely finish reviewing the removal order before the Board ever hears the associated CAT claim." Justice Clarence Thomas, in a concurring opinion, wrote: "Riley has undoubtedly received a final order of removal. But, he has never sought judicial review of that order pursuant to the procedures outlined in §1252. This Court has held that 'CAT orders may be reviewed together with final orders of removal in a court of appeals.' Id., at 581 (emphasis added). But, as far as I am aware, we have never held that judicial review of CAT orders is available when an alien does not petition for review of a final order of removal." What Happens Next The Supreme Court is set to release the final decisions of its current term on Friday, Chief Justice John Roberts announced from the bench Thursday. Among the six remaining cases is a high-stakes challenge over whether President Donald Trump's executive order ending birthright citizenship can be implemented nationwide. Other closely watched rulings include a dispute involving Maryland parents seeking to exempt their children from school lessons featuring LGBTQ storybooks due to religious objections, and a redistricting battle over the creation of a second majority-Black congressional district in Louisiana.
Yahoo
02-06-2025
- Business
- Yahoo
1 Russell 2000 Stock with Impressive Fundamentals and 2 to Question
The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential. However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial. Picking the right small caps isn't easy, and that's exactly why StockStory exists - to help you focus on the best opportunities. Keeping that in mind, here is one Russell 2000 stock that could be the next big thing and two that may face some trouble. Market Cap: $459.4 million Started as a single location in Rochester, New York, Monro (NASDAQ:MNRO) provides common auto services such as brake repairs, tire replacements, and oil changes. Why Is MNRO Risky? Poor same-store sales performance over the past two years indicates it's having trouble bringing new shoppers into its brick-and-mortar locations Modest revenue base of $1.20 billion gives it less fixed cost leverage and fewer distribution channels than larger companies Earnings per share have contracted by 24.4% annually over the last five years, a headwind for returns as stock prices often echo long-term EPS performance Monro's stock price of $15.50 implies a valuation ratio of 18.6x forward P/E. Dive into our free research report to see why there are better opportunities than MNRO. Market Cap: $814.6 million Launched by two PhD students in a garage, FARO (NASDAQ:FARO) provides 3D measurement and imaging systems for the manufacturing, construction, engineering, and public safety industries. Why Is FARO Not Exciting? Annual sales declines of 1.5% for the past five years show its products and services struggled to connect with the market during this cycle Persistent operating margin losses suggest the business manages its expenses poorly Cash burn makes us question whether it can achieve sustainable long-term growth At $42.31 per share, FARO trades at 38.2x forward P/E. Check out our free in-depth research report to learn more about why FARO doesn't pass our bar. Market Cap: $7.48 billion Originally founded as an outsourcing company in 1999 before evolving into a technology-focused enterprise, EXL (NASDAQ:EXLS) provides data analytics and AI-powered digital operations solutions that help businesses transform their operations and make better decisions. Why Do We Love EXLS? Annual revenue growth of 13.8% over the last five years was superb and indicates its market share increased during this cycle Share buybacks catapulted its annual earnings per share growth to 22.6%, which outperformed its revenue gains over the last five years Robust free cash flow margin of 11.5% gives it many options for capital deployment EXL is trading at $45.57 per share, or 23.8x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free.
Business Wire
09-05-2025
- Business
- Business Wire
FARO TECHNOLOGIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of FARO Technologies, Inc.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of FARO Technologies, Inc. (NasdaqGS: FARO) to AMETEK, Inc. (NYSE: AME). Under the terms of the proposed transaction, shareholders of FARO will receive $44.00 in cash for each share of FARO that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( toll free at any time at 855-768-1857, or visit to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit
CNA
06-05-2025
- Business
- CNA
AMETEK to acquire FARO Technologies in deal valued at $920 million
Industrial tools maker AMETEK will acquire FARO Technologies at an enterprise value of about $920 million, the two companies said on Tuesday, sending the target firm's shares soaring 36 per cent in early trade. Under the agreement, AMETEK is offering $44 per share in cash, representing about a 40 per cent premium to FARO's last close. The equity valuation pegs FARO's market value at $846 million. The acquisition is expected to be completed in the second half of the year. FARO Technologies produces 3D measurement and imaging solutions, including portable measurement arms, laser scanners and trackers, among others, and generated about $340 million in sales in 2024. The transaction will boost AMETEK's portfolio, particularly within its Electronic Instruments division, which produces test and measurement instruments for various sectors, including aerospace, medical, research, power, and industrial markets.
