JOHN STARR JOINS TIMBERS COMPANY AS FINANCIAL DIRECTOR
“We couldn’t be more excited to receive John Starr to the Timbers Company team,” he said Greg Spencer, CEO of Timbers Company. “John brings deep experience gained from years of leadership in the REIT industry and will play an important role in the future growth of Timbers as a company.” As CFO, John will oversee and manage business development and financial operations across the Timbers portfolio, including efforts to raise external capital for future projects, management of Timbers’ investments, investor relations and management of the company’s accounting, procurement, asset management and information technology departments. John previously served as Chief Operating…
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Tightening global policy to test financial vulnerabilities
The latest Fitch Ratings Macroprudential Indicators (MPI) scores suggest that the number of countries vulnerable to banking sector stress remains low by historical standards. However, global monetary tightening will be a test of any macroprudential vulnerabilities that have built up over the long period of very low interest rates. Fitch’s IPM ratings are intended to identify potential stresses in banking systems and the wider economy due to rapid real credit growth accompanied by bubbles in real estate or equity markets, or an exchange rate actual cash appreciated. The shift to tight monetary conditions does not appear to follow a sustained…
Read More »MAGYAR BANCORP, INC. ANNOUNCE THE FINANCIAL RESULTS OF THE THIRD QUARTER AND DECLARE DIVIDENDS
NEW BRUNSWICK, NJ, July 26, 2022 /PRNewswire/ — Magyar Bancorp (NASDAQ: MGYR) (“Company”), parent company of Magyar Bank, reported today the results of its operations for the three and nine months ended. June 30, 2022. The company recorded a 27% increase in its net profits for the three months ended June 30, 2022a $2,117,000 compared to the net income of $1,668,000 during the past three months June 30, 2021. Net profits for the nine months ended June 30, 2022 was $5,488,000 compared to the net income of $4,510,000 during the nine months ended June 30, 2021. Basic and diluted earnings…
Read More »Nextech AR Schedules Conference Call to Discuss Q2 2022 Financial Results and Business Update
TORONTO–(BUSINESS THREAD)–Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse company and leading provider of augmented reality (“AR” experience technologies ), web3. 0 and 3D model services are scheduled to release their Q2 2022 financial results after markets close on Thursday, August 18, 2022 Subsequently, Nextech will host a conference call to discuss first quarter results on Thursday, August 18, 2022 at 5:00 PM Eastern Time. Please join Evan Gappelberg, CEO and Andrew Chan, CFO to discuss these financial and operating results, followed by a question and answer period. Conference details:…
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BHG Financial appoints Matt Ondus as Chief Compliance Officer
DAVIE, Fla., July 26, 2022 /PRNewswire/ — BHG Financialthe leader in unsecured personal and business loans and the creator of one of the nation’s largest networks of community banking products and loans, calls industry veteran Matt Ondus as chief compliance officer. BHG Financial appoints Matt Ondus as Chief Compliance Officer Matt Ondus joins BHG bringing over 35 years of regulatory compliance experience in the public and private sectors and is an expert in consumer protection laws and regulations. Prior to joining BHG Ondus was a principal at Promontory Financial Group, a national bank commissioner examiner for the OCC and a…
Read More »Latest news from Russia and the war in Ukraine
EU member states agree to reduce emergency gas cuts for winter European Union states have reached an agreement on regulating emergency gas cuts ahead of this winter, when the bloc is expected to face a turbulent few months amid likely power cuts from Russia “This was not an impossible mission! Ministers have reached a political agreement on reducing gas demand before next winter,” the Czech Presidency of the Council of the European Union wrote on Twitter. – Natasha Turak Ukraine’s economy has seen a sharp decline due to the war with Russia, top aide says Damage seen after the market…
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China’s rocket debris may crash into Earth, location unknown
Debris from China’s latest space launch may return to Earth in a random location in the coming days, a US astronomy expert has warned. The launch of the Long March 5B rocket will leave at least 21 tons of debris in low orbit, said Jonathon McDowell, an astronomer at the Astrophysics Centerwhich could then fall back to Earth in an unpredictable location. Unfortunately, the 21-tonne central stage is likely to be left in low orbit for an uncontrolled re-entry in an unpredictable location. — Jonathan McDowell (@planet4589) July 24, 2022 China’s 5B rocket launched from the southern island province of…
Read More »Provident Financial: Fiscal Fourth Quarter Earnings Summary
RIVERSIDE, Calif. (AP) _ Provident Financial Holdings Inc . ( PROV ) reported earnings of $2.5 million in its fiscal fourth quarter on Tuesday. Per share, the Riverside, Calif.-based company said it had net income of 34 cents. The Provident Savings Bank holding company posted revenue of $10.4 million during the period. Its adjusted earnings were $9.7 million. For the year, the company posted a profit of $9.1 million, or $1.22 per share. Revenue was $36.3 million. _____ This story was generated by Automated statistics (using data from Zacks Investment Research. Access to Zacks Stock Report on PROV at [ad_2]…
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