Retirement

Park Aerospace Corp. Announces Election of Chris Goldner as Vice President-Finance and the Planned Retirement of Matt Farabaugh as the Company’s Long Time CFO

Retrieved on: 
Thursday, April 25, 2024
Unmanned aerial vehicle, Hasbro, Business administration, Retirement, CPA, AFP, Senior, Interim, Park Aerospace Corp, Balanced budget, Management

Park also announced that P. Matthew Farabaugh (“Matt”), the Company’s long time Senior Vice President and Chief Financial Officer, plans to retire from the Company at the end of May 2024.

Key Points: 
  • Park also announced that P. Matthew Farabaugh (“Matt”), the Company’s long time Senior Vice President and Chief Financial Officer, plans to retire from the Company at the end of May 2024.
  • Matt joined the Company in October of 2007 and has served as the Company’s CFO since April 2012.
  • Chris started with Park on March 4, 2024 and has been working with Matt and Park’s accounting staff for the last two months to facilitate the transition.
  • Upon Matt’s retirement, Chris will report to Brian Shore, the Company’s Chairman and CEO, and Chris will serve as the Company’s principal financial officer.

Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2024

Retrieved on: 
Thursday, April 25, 2024
Sale, Investment, FHLB, FTE, AFS, Death, Software, SBSI, Insurance, Federal, Webcast, ETR, Retirement, Three Months, Loss, CDT, Workforce, FDIC, File, GAAP, Bank

TYLER, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended March 31, 2024.

Key Points: 
  • TYLER, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended March 31, 2024.
  • Earnings per diluted common share were $0.71 and $0.83 for the three months ended March 31, 2024 and 2023, respectively.
  • Linked quarter, net interest income decreased $1.1 million, or 2.1%, compared to $54.5 million during the three months ended December 31, 2023.
  • Southside's management team will host a conference call to discuss its first quarter ended March 31, 2024 financial results on Thursday, April 25, 2024 at 11:00 a.m. CDT.

First Merchants Corporation Announces First Quarter 2024 Earnings Per Share

Retrieved on: 
Thursday, April 25, 2024
Common equity, Sale, ACL, Webcast, Retirement, Risk-weighted asset, Wealth, Share repurchase, FDIC, First Merchants Corporation, Investment, Bank

Net income and diluted earnings per common share, excluding non-core charges of $3.5 million incurred during the quarter, totaled $50.1 million and $0.85, respectively.

Key Points: 
  • Net income and diluted earnings per common share, excluding non-core charges of $3.5 million incurred during the quarter, totaled $50.1 million and $0.85, respectively.
  • First Merchants Corporation (the “Corporation) has reported first quarter 2024 net income available to common stockholders of $47.5 million compared to $63.6 million during the same period in 2023.
  • Diluted earnings per common share for the period totaled $0.80 compared to the first quarter of 2023 result of $1.07 per share.
  • First Merchants Corporation will conduct a fourth quarter earnings conference call and web cast at 11:30 a.m. (ET) on Thursday, April 25, 2024.

Dave & Buster’s Appoints New Chief Financial Officer

Retrieved on: 
Wednesday, April 24, 2024
Dave & Buster's, Pleasure, Retirement, CFO, Growth, Management

DALLAS, April 24, 2024 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it has appointed a new Chief Financial Officer, Darin Harper, who will join the Company on June 17, 2024.

Key Points: 
  • DALLAS, April 24, 2024 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it has appointed a new Chief Financial Officer, Darin Harper, who will join the Company on June 17, 2024.
  • The Company’s existing Chief Financial Officer, Michael Quartieri, will continue to serve as Chief Financial Officer until June 16, 2024 to ensure a smooth transition to his successor prior to his previously announced retirement.
  • “I am thrilled to announce the appointment of Darin Harper as our next Chief Financial Officer,” said Chris Morris, Chief Executive Officer of Dave & Buster’s.
  • “Darin was the obvious choice after an extensive national search for our next CFO.

Univest Financial Corporation Reports First Quarter Results

Retrieved on: 
Wednesday, April 24, 2024
Sale, Corporation, Small business, Investment, FHLB, Treasury, Bank, Health, Insurance, Trust, Retirement, Small Business Administration, EST

SOUDERTON, Pa., April 24, 2024 (GLOBE NEWSWIRE) -- Univest Financial Corporation (“Univest” or the "Corporation") (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. (the "Bank") and its insurance, investments and equipment financing subsidiaries, announced net income for the quarter ended March 31, 2024 was $20.3 million, or $0.69 diluted earnings per share, compared to net income of $21.0 million, or $0.71 diluted earnings per share, for the quarter ended March 31, 2023.

Key Points: 
  • SOUDERTON, Pa., April 24, 2024 (GLOBE NEWSWIRE) -- Univest Financial Corporation (“Univest” or the "Corporation") (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. (the "Bank") and its insurance, investments and equipment financing subsidiaries, announced net income for the quarter ended March 31, 2024 was $20.3 million, or $0.69 diluted earnings per share, compared to net income of $21.0 million, or $0.71 diluted earnings per share, for the quarter ended March 31, 2023.
  • The effective income tax rate was 20.5% for the quarter ended March 31, 2024, compared to an effective tax rate of 19.4% for the quarter ended March 31, 2023.
  • During the quarter ended March 31, 2024, the Corporation repurchased 315,507 shares of common stock at an average price of $20.25 per share.
  • Univest will host a conference call to discuss first quarter 2024 results on Thursday, April 25, 2024 at 9:00 a.m. EST.

Zefiro Methane Corp. “Rings the Bell” at Cboe Canada for its Initial Public Offering (IPO)

Retrieved on: 
Wednesday, April 24, 2024
Well, USD, News, The Wall Street Journal, MarketWatch, Business development, Conference, Carbon, Growth, Retirement, From Left to Right, Senior, METHANE, Plant, Acquisition

FORT LAUDERDALE, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (the “Company”, “Zefiro”, or “ZEFI”) is pleased to announce that its common shares are now trading on the Cboe Canada Inc. (“Cboe Canada”) exchange, as part of Zefiro’s successful Initial Public Offering (“IPO”) which was recently announced by the Company in a press release dated April 11, 2024 .

Key Points: 
  • FORT LAUDERDALE, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (the “Company”, “Zefiro”, or “ZEFI”) is pleased to announce that its common shares are now trading on the Cboe Canada Inc. (“Cboe Canada”) exchange, as part of Zefiro’s successful Initial Public Offering (“IPO”) which was recently announced by the Company in a press release dated April 11, 2024 .
  • A ceremony took place yesterday at Cboe Canada’s head office in Toronto, where Zefiro Founder and Chief Executive Officer Talal Debs PhD rang the bell alongside Zefiro team members.
  • Zefiro is focused on reducing emissions of methane gas, which is 25x to 84x more potent than carbon dioxide emissions.
  • Additionally, in December 2023, Zefiro hosted an event in the “Blue Zone” of the United Nations’ Climate Change Conference in Dubai.

The RightBRIDGE System is Ready for the DOL Retirement Security Rule

Retrieved on: 
Wednesday, April 24, 2024
Retrospective Review, Retirement, Dashboard, Policy, Insurance, R2, PTE, HERE, ERISA, Financial adviser

The required changes for the Retirement Security Rule will be in the 2024 release R2 of RightBRIDGE.

Key Points: 
  • The required changes for the Retirement Security Rule will be in the 2024 release R2 of RightBRIDGE.
  • The RightBRIDGE regulatory framework provides a unified approach to regulatory requirements of federal and state regulations including Reg BI, PTE 2020-02, state regulations like NAIC Best Interest Model and NY 187 and the new Retirement Security Rule.
  • As part of its review process for the Retirement Security Rule and amended PTE’s, CapitalROCK engaged with the Wagner Law Group.
  • In an opinion provided by Wagner’s Chief Legal Officer, Stephen Wilkes, Mr. Wilkes commented that the RightBRIDGE system is “wholly consistent with the PTE” and would be well-positioned once the Retirement Security Rule became final.

Natural Resources Partner Martin Stratte Strengthens Hunton Andrews Kurth’s California Environmental Practice

Retrieved on: 
Tuesday, April 23, 2024
Safety, Environmental quality, Newlands Reclamation Act, Policy, Publication, Sustainability, Volkswagen Group, Plant, Retirement, Gold, Senior counsel, Band I, Chambers and Partners, CEQA, Mining, Natural Resources, Volkswagen Group of America, Lawyer

San Francisco, April 23, 2024 (GLOBE NEWSWIRE) -- Hunton Andrews Kurth LLP is expanding its San Francisco office and California environmental and litigation practices with the addition of Martin Stratte , a land use and environmental permitting attorney with significant experience advising companies in the mining and natural resources sectors.

Key Points: 
  • San Francisco, April 23, 2024 (GLOBE NEWSWIRE) -- Hunton Andrews Kurth LLP is expanding its San Francisco office and California environmental and litigation practices with the addition of Martin Stratte , a land use and environmental permitting attorney with significant experience advising companies in the mining and natural resources sectors.
  • His core practice areas include counseling clients on compliance with the California Environmental Quality Act (CEQA) and the California Surface Mining and Reclamation Act (SMARA).
  • There, Stratte transformed his general California land use and permitting practice that included industrial, commercial, and residential projects into a mining-focused specialty practice.
  • As the latest addition to Hunton Andrews Kurth’s environmental practice, Stratte’s colleagues include several recent key hires.

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Luna

Retrieved on: 
Tuesday, April 23, 2024
LLP, Nature, News, Advertising, Retirement, Court, Luna Innovations, LUNA, Bank statement, Annual report, Committee, File, Disclosure, Cryptocurrency

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.

Key Points: 
  • Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • The firm has recovered hundreds of millions of dollars for investors since its founding in 1995.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Luna’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
  • The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).

Survey: Physicians Turning to Locum Tenens to Improve Work Conditions, Relieve Burnout

Retrieved on: 
Tuesday, April 23, 2024
Physician, COVID, Telehealth, Woman, Hospital, Morale, Retirement, APS, Patient, PAS, Practitioner, AMN, NPS, Latin, Nursing

The survey asked physicians, nurse practitioners (NPs) and physician assistants (PAs) who recently have worked as locum tenens why they do so.

Key Points: 
  • The survey asked physicians, nurse practitioners (NPs) and physician assistants (PAs) who recently have worked as locum tenens why they do so.
  • “Locum tenens offer relief from the long, inflexible work hours and onerous bureaucratic duties that often cause dissatisfaction and burnout among physicians and other healthcare providers.
  • Locum tenens providers also offer staffing flexibility for hospitals and other healthcare facilities.”
    Close to half of those surveyed (47%) said that locum tenens work is more satisfying than working in a permanent position, while only 12% said that a permanent position is more satisfying than locum tenens.
  • AMN Healthcare’s 2024 Survey of Locum Tenens Physicians and Advanced Practitioners is based on responses from 589 physicians, NPs and APs who have worked locum tenens in the last 18 months and has a margin of error of +/- 4%.