Arizona Tribune - Economy (English)

I.Coast opposition calls marches against leader's eviction from electoral race

Ivory Coast's main opposition party has called for "marches" outside courts on Thursday, six months ahead of a presidential election, in protest against the removal of its candidate from the race.

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Prosecutors at Harvey Weinstein rape retrial say he made women 'small'

Prosecutors in Hollywood mogul Harvey Weinstein's rape and sexual assault retrial decribed how he ignored pleas to stop and abused his position to make his victims "feel small," as an majority-female New York jury heard opening statements on Wednesday.

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200 French media groups sue Meta over 'unlawful' advertising: lawyers

Around 200 French media groups, including leading television channels and newspapers, are taking legal action against Meta, the owner of Facebook and Instagram, over its online advertising practices, their lawyers announced on Wednesday.

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Boeing says China not accepting planes over US tariffs

Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China trade war, as the company's shares surged following a smaller than expected loss.

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IMF warns of 'intensified' risks to public finances amid US trade war

Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.

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IMF warns of 'intensified' risks to outlook for public finances

Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.

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WEF confirms investigation into claims against founder Schwab

The World Economic Forum confirmed Wednesday that it has launched an investigation into allegations made against its founder Klaus Schwab that reportedly prompting his resignation this week.

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At night, crime and fear stalk DR Congo's M23-run areas

Every morning the Congolese city of Bukavu, now under the control of the Rwanda-backed M23 movement, counts its dead.

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Tokyo's newest art star: one-year-old Thumbelina

Gripping paintbrush and crayon, the artist known as Thumbelina splodges and splats with merry abandon, the one-year-old star of a Tokyo exhibition that goes on way past her bedtime.

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'Everyday attack' - Trans youth coming of age in Trump's America

Lorelei Crean, 17, is busy visiting colleges, finishing schoolwork, and trying to enjoy Spring Break like any other American teenager.

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Commencement Bancorp, Inc. (CBWA) Announces First Quarter 2025 Results

2025 First Quarter Financial Highlights:Net income was $1.3 million compared to $539,000 for the fourth quarter of 2024.Loans receivable increased $6.7 million, or 5.83% annualized growth rate.Net interest margin increased 22 basis points ("bps") to 3.96% from 3.74% for the fourth quarter of 2024.Total cost of deposits decreased 14 bps to 1.53% from 1.67% for the fourth quarter of 2024.The Bank had no nonperforming assets during the first quarter of 2025.Headquarters was moved to 1313 Broadway, Suite 400 Tacoma, WA (Commencement Bank Plaza).Capital ratios remained well above regulatory requirements.

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PureCycle Schedules First Quarter 2025 Corporate Update

ORLANDO, FL / ACCESS Newswire / April 23, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Wednesday, May 7, 2025 to provide an update on recent corporate developments. A press release discussing such developments and other activity from the first quarter will be provided prior to the conference call.

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Old Second Bancorp, Inc. Reports First Quarter 2025 Net Income of $19.8 Million, or $0.43 per Diluted Share

AURORA, IL / ACCESS Newswire / April 23, 2025 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the first quarter of 2025. Our net income was $19.8 million, or $0.43 per diluted share, for the first quarter of 2025, compared to net income of $19.1 million, or $0.42 per diluted share, for the fourth quarter of 2024, and net income of $21.3 million, or $0.47 per diluted share, for the first quarter of 2024. Adjusted net income, a non-GAAP financial measure that excludes certain nonrecurring items, as applicable, was $20.6 million, or $0.45 per diluted share, for the first quarter of 2025, compared to $20.0 million, or $0.44 per diluted share, for the fourth quarter of 2024, and $21.2 million, or $0.47 per diluted share, for the first quarter of 2024. The pre-tax adjusting items impacting the first quarter of 2025 included the exclusion of $570,000 of mortgage servicing rights ("MSRs") mark to market losses, and $454,000 of transaction-related expenses primarily from the First Merchants Bank ("FRME") branch purchase in December 2024 as well as the pending merger with Bancorp Financial, Inc. ("Bancorp Financial") that was announced in late February 2025. The adjusting items impacting the fourth quarter of 2024 included the exclusion of $385,000 of MSRs mark to market gains and $1.5 million of transaction-related expenses due to the FRME branch purchase. The adjusting item impacting the first quarter of 2024 included the exclusion of $94,000 of MSRs mark to market gains. See the discussion entitled "Non-GAAP Presentations" below and the tables beginning on page 17 within the full earnings release found at www.oldsecond.com under the investor relations tab, that provide a reconciliation of each non-GAAP measure to the most comparable GAAP equivalent.

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ESSA Bancorp, Inc. Announces Fiscal Second Quarter and Fiscal First Half 2025 Financial Results

STROUDSBURG, PA / ACCESS Newswire / April 23, 2025 / ESSA Bancorp, Inc. (the "Company") (NASDAQ:ESSA), the holding company for ESSA Bank & Trust (the "Bank"), a $2.2 billion asset financial institution providing full service commercial and retail banking, asset management and trust, and investment services in eastern Pennsylvania, today announced financial results for the fiscal second quarter and fiscal first half periods ended March 31, 2025.

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Dominic Hunter Joins Smith-Midland as Chief Financial Officer

MIDLAND, VA / ACCESS Newswire / April 23, 2025 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, announces the appointment of Dominic L. Hunter as Chief Financial Officer, effective April 17, 2025.

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The Jonus Group Names Erica Wessel Chief Sales Officer

New CSO Joins Jonus to Drive Growth and National Expansion

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The Eastern Company Announces Timing of First Quarter Fiscal Year 2025 Earnings Release and Conference Call

Attention: new time at 9:00 AM ET

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What Happens if You Can’t Afford Your Car Loan?

NEW YORK CITY, NY / ACCESS Newswire / April 23, 2025 / While most of us do our best to stay on top of our finances, circumstances can change in an instant. The inability to meet a financial obligation like a car loan can be the result of any number of events, including financially overextending yourself. This could happen with a personal loan to buy a car or with dealer financing. If you find yourself in one of these difficult situations, there are several actions you can take.

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Make Global Philanthropy a Part of Your Wealth Strategy and Legacy

NEW YORK, NY / ACCESS Newswire / April 23, 2025 / Picture a wealth management approach that makes the most of your charitable impact while building your legacy for generations. Welcome to the world of global philanthropy.

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Lifetime Products Appoints Kevin Romer as Chief Financial Officer

Kevin brings more than two decades of experience at Lifetime Products, most recently serving as Vice President of Sales for the Sporting Goods and Coolers divisions. Over his 21-year career with Lifetime, he has also held roles as Sales Assistant and Sales Manager, helped launch three major product categories, and overseen the Customer Service department. Kevin is a trusted leader known for his strategic thinking, integrity, and results-oriented approach.

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Coastal Carolina Bancshares, Inc. Reports First Quarter Earnings

MYRTLE BEACH, SC / ACCESS Newswire / April 23, 2025 / Coastal Carolina Bancshares, Inc. (the "Company") (OTCQX:CCNB), parent of Coastal Carolina National Bank (the "Bank"), reported unaudited financial results for the first quarter of 2025. The Company reported net income of $2,377,289 or $0.38 per share for the three months ended March 31, 2025, compared to $2,663,997 or $0.42 per share for the prior quarter ended December 31, 2024, and $1,650,696 or $0.26 per share for three months ended March 31, 2024.

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White Cloud Wealth Management Educates Widows and Families on Maximizing Social Security Survivors Benefits

Understanding how these benefits work and when to claim them can significantly impact your long-term financial security.

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Upcoming Webinar: "Adapt or Decline" - How Forward-Thinking Lenders Are Future-Proofing Their Operations

Vero, SBS, and Baringa to Host Webinar on Modernizing Asset Finance in an Uncertain Economy

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Tarvis Announces Client Success: Amador Bilingual Signs with Leading Talent Agency CESD

Strategic Collaboration Positions Bilingual Voiceover Duo for Expanded Industry Impact

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IMA Renews its Commitment to the ASEAN Federation of Accountants

Joscel Delos Cielos of the Philippines to also serve as delegate for IMA

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Smith-Midland Receives NASDAQ Deficiency Notice Regarding Delayed Form 10-K Filing

MIDLAND, VA / ACCESS Newswire / April 23, 2025 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced it received an expected letter from Nasdaq on April 17, 2025 notifying the Company it is currently not in compliance with Listing Rule 5250(c)(1) due to its failure to timely file its Form 10-K for the year ended December 31, 2024.

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Useful Investor Tools Highlighted By BNK Invest

Each of our sites brings its own specific utility to investors targeting different niche areas

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New Jersey High School Finalists Announced for 21st Annual Your Song! Your Voice! Competition

MILLBURN, NJ / ACCESS Newswire / April 23, 2025 / The Partnership for a Drug-Free New Jersey (PDFNJ) has announced the finalists in the 21st Annual Your Song! Your Voice! Shout Down Drugs music competition. This statewide initiative encourages high school students to use their musical creativity to raise awareness about substance use prevention and promote healthy lifestyles.

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University Bank Team wins Major International, National and Michigan Awards

ANN ARBOR, MI / ACCESS Newswire / April 23, 2025 / University Bancorp, Inc. (OTCQB:UNIB) (or "UNIB") is very pleased to announce that the University Bank Team has won four major international, national and Michigan awards as follows:

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CruxOCM to Showcase AI-Powered Pipeline Automation Solutions at 2025 API Pipeline Conference

HOUSTON, TX / ACCESS Newswire / April 23, 2025 / CruxOCM, a leader in midstream automation technology, will demonstrate its advanced software solutions at the upcoming API Pipeline Conference, taking place April 28-30, 2025, in Austin, Texas. CruxOCM will highlight how its automation platform leverages artificial intelligence and advanced process control to optimize pipeline operations, driving profitability, safety, and efficiency for leading energy operators.

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EON Resources Inc. Reports Results for the Fiscal Year 2024 Position the Company for Future Growth

HOUSTON, TEXAS / ACCESS Newswire / April 23, 2025 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company reports revenue and earnings for the fiscal year 2024.

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Green Leaf Innovations Announces Q1 Corporate Update and Board Resolution

PEMBROKE PINES, FL / ACCESS Newswire / April 23, 2025 / Green Leaf Innovations, Inc. (OTCPK:GRLF), an emerging growth company specializing in the marketing and distribution of handmade premium cigars and packaged tobacco products, its first-quarter corporate update and a key Board resolution focused on enhancing shareholder value.Corporate Update: Strong Growth Trajectory.Green Leaf Innovations continues to build on the significant momentum achieved in 2024, primarily driven by the strategic acquisition of SOFLO Wholesaler Group, Inc. This acquisition has substantially strengthened the company's market position, resulting in record annual revenue in 2024.The company's premium cigar products are now distributed to a diverse and expanding customer base exceeding 400 retail locations, including cigar lounges, smoke shops, convenience stores, and vape shops throughout the United States. Management remains strategically focused on expanding its distribution network to capture additional market share and maximize growth opportunities.CEO Roberto Mederos has characterized 2024 as a foundation-building year with a clear strategy for aggressive expansion. Building on this strong foundation, Green Leaf Innovations projects continued revenue growth and improved operating efficiency throughout 2025.Board Resolution: Commitment to Shareholder Value through Stock Buyback.The Board of Directors has made a significant resolution regarding the company's capital strategy. Recognizing Green Leaf's robust growth potential and commitment to prudent financial stewardship, the Board has resolved not to pursue a reverse stock split at this time. Instead, as revenue continues to increase, the company will focus on implementing a stock buyback program, anticipated to launch as early as Q3 2025. This strategic initiative underscores the Board's confidence in the company's future performance and its dedication to maximizing long-term shareholder value.Our consistent growth trajectory, coupled with our optimized capital structure, positions Green Leaf Innovations for sustained success," said Roberto Mederos, CEO. "The Board's decision to prioritize a stock buyback program rather than a reverse split reflects our strong belief in the company's intrinsic value and reinforces our unwavering commitment to delivering superior returns to our shareholders."

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