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New York City Celebrates the Radio City Rockettes Milestone 100th Anniversary
Businesswire· 2025-11-07 15:37
Core Points - The Rockettes are celebrating their 100th anniversary with various events and collaborations across New York City [1][2][3] - Sixth Avenue outside Radio City Music Hall has been temporarily renamed "Rockettes Way" to honor their contribution to the city [2][3] - The 2025 Christmas Spectacular will feature unique exhibits and custom food items celebrating the Rockettes' legacy [2][11] Activations and Collaborations - A new street sign commemorating the Rockettes has been unveiled, with limited-edition signs available for purchase [3] - The Empire State Building has launched festive displays and lighting to celebrate the Rockettes [4] - The Museum of Broadway will host an exhibit titled "The Rockettes 100 Anniversary: A Century of Sisterhood" from November 13, 2023, to January 5, 2026 [5][6] Special Food and Merchandise - Serendipity 3 has created a special frozen treat called "Rockettes 100 PB&J Frrrozen Hot Chocolate" available during the Christmas Spectacular [7] - Magnolia Bakery is offering a Rockettes Red Velvet cupcake exclusively at its Rockefeller Center location [8] - Waterford has produced a limited-edition crystal ornament to commemorate the anniversary [9] Additional Events and Offerings - Kith is launching a capsule collection featuring custom designs related to the Rockettes [10] - Guests at the Christmas Spectacular will have access to costume retrospectives and archival displays celebrating the Rockettes' history [11] - The Rockettes have partnered with LEGOLAND® New York Resort to display life-size LEGO® figures [12] Legacy and Future Initiatives - The Rockettes are committed to diversity and inclusion through their dancer development programs, which have seen over 500 participants in the last five years [14] - The Rockettes Legacy™ initiative aims to preserve the history of the dance company and connect former members [15] - The Christmas Spectacular runs through January 5, 2026, with tickets available for purchase [16]
Central Garden & Pet Strengthens National Logistics Network with New Salt Lake City Facility
Businesswire· 2025-11-07 14:02
Core Insights - Central Garden & Pet Company has opened a new state-of-the-art fulfillment center in Salt Lake City, Utah, enhancing its logistics network and supporting long-term growth [2][3] - The new facility consolidates two legacy sites, improving efficiency and reducing complexity in serving customers nationwide [3][4] - This initiative is part of a broader strategy to make the company leaner and more agile while pursuing organic growth and strategic M&A opportunities [3][5] Company Strategy - The Salt Lake City facility is designed to be a modern, direct-to-consumer (DTC)-enabled hub, which will enhance the company's ability to manage its DTC business and improve drop shipment execution for retail partners [5] - The facility features advanced safety systems, optimized workflows, and expanded capacity, contributing to logistics savings and increased throughput [5] - Central Garden & Pet aims to build a more efficient and resilient network that seamlessly connects retail, eCommerce, and wholesale demand [5] Financial Overview - Central Garden & Pet reported fiscal 2024 net sales of $3.2 billion, indicating a strong market position in the pet and garden industries [6]
VSee Engages Philippine Health Leaders and Former VP Robredo in Southeast Asia expansion effort
Accessnewswire· 2025-11-06 13:17
Company Update - VSee Health is collaborating with the Philippine Tuberculosis Society and former Vice President Leni Robredo to enhance healthcare delivery in Naga City through digital health innovation, focusing on maternal health and primary care [1][2] - The meeting highlighted significant healthcare challenges in Naga City, including low prenatal check-up rates of 44% compared to the Department of Health's target of 99%, and initiatives like healthcare caravans and PhilHealth's YAKAP project providing financial support for primary care [2] Industry Insights - The Southeast Asia digital health market reached USD 17 billion in 2024 and is projected to grow to USD 38.8 billion by 2033, with the Philippines expected to surpass USD 1 billion by 2027 as governments accelerate digital transformation in healthcare [3] - VSee's AI-driven telehealth platform supports various initiatives, including Project MAMA aimed at reducing maternal and fetal deaths, and collaborations for TB screenings with innovative medtech companies [4] Strategic Goals - VSee Health aims to deepen partnerships that integrate technology, clinical expertise, and public sector leadership to improve population health in the Philippines and Southeast Asia [5]
City Holding(CHCO) - 2025 Q3 - Quarterly Report
2025-11-05 15:22
Financial Performance - Net income available to common shareholders increased to $98.9 million for the nine months ended September 30, 2025, compared to $88.4 million for the same period in 2024, representing a growth of 11.0%[118] - Earnings per common share (basic) rose to $6.76 for the nine months ended September 30, 2025, up from $5.96 in 2024, reflecting a 13.4% increase[118] - Non-interest income for the nine months ended September 30, 2025, was $58.1 million, a 2.5% increase from $56.7 million in 2024[156] - Non-interest income increased from $56.7 million for the nine months ended September 30, 2024, to $58.1 million for the nine months ended September 30, 2025, representing a growth of 2.5%[157] - Non-interest income for the quarter ended September 30, 2025, was $20.2 million, slightly down from $20.3 million in the same quarter of 2024[161] Interest Income and Margin - The Company's net interest income increased to $175.8 million for the nine months ended September 30, 2025, compared to $164.7 million in 2024, marking a growth of 6.7%[119] - Net interest income for the nine months ended September 30, 2025, was $176,416,000, an increase from $165,318,000 in 2024, representing a growth of approximately 6.7%[129] - The reported net interest margin increased slightly from 3.90% for the nine months ended September 30, 2024, to 3.95% for the same period in 2025[128] - For the third quarter of 2025, net interest income increased by $5.5 million, or 9.9%, from $55.6 million in Q3 2024 to $61.1 million in Q3 2025[133] - The reported net interest margin improved from 3.87% in Q3 2024 to 4.04% in Q3 2025, indicating enhanced profitability[134] Loans and Deposits - Gross loans increased by $138.0 million (3.2%) to $4.41 billion at September 30, 2025, with residential real estate loans rising by $86.2 million (4.7%) during the same period[125] - Total loans increased by $138.0 million from December 31, 2024, to September 30, 2025, reaching $4.41 billion[143] - Residential real estate loans increased by $86.2 million from December 31, 2024, to September 30, 2025, totaling $1.91 billion[147] - Total deposits rose by $113.4 million (2.2%) to $5.26 billion at September 30, 2025, with time deposits increasing by $53.5 million[126] Expenses and Allowance for Credit Losses - Non-interest expense for the nine months ended September 30, 2025, was $114.5 million, a 3.8% increase from $110.3 million in 2024[156] - Non-interest expenses increased by $4.2 million (3.8%), from $110.3 million in the first nine months of 2024 to $114.5 million in the first nine months of 2025, primarily due to higher salaries and employee benefits[159] - The allowance for credit losses was estimated using a 2-year unemployment forecast range of 4.3% to 4.7% for the September 30, 2025 estimate, reflecting a slight adjustment from the previous quarter[112] - The allowance for credit losses decreased from $21.9 million at December 31, 2024, to $19.7 million at September 30, 2025[155] - The company recorded a recovery of credit losses of $0.5 million in Q3 2025, compared to a provision for credit losses of $1.2 million in Q3 2024[150] Capital Adequacy - As of September 30, 2025, City Holding Company reported a Common Equity Tier I (CET I) Capital of $726,739, representing a ratio of 17.2%, exceeding the minimum required ratio of 7.0% under Basel III[181] - City National Bank's CET I Capital was $667,193, with a ratio of 15.8%, also above the minimum required ratio of 7.0%[181] - Total Capital for City Holding Company stood at $746,422, reflecting a ratio of 17.7%, surpassing the minimum required ratio of 10.5%[181] - City National Bank's Total Capital was $686,876, with a ratio of 16.3%, exceeding the minimum required ratio of 10.5%[181] - City Holding Company and City National Bank are considered "well capitalized" as of September 30, 2025, meeting all capital adequacy requirements[181] Shareholder Equity and Dividends - Shareholders' equity increased by $68.3 million for the nine months ended September 30, 2025, primarily due to net income of $98.9 million[178] - The dividend payout ratio decreased to 36.3% for the nine months ended September 30, 2025, down from 37.3% in 2024[118] Regulatory Compliance - The Company and its subsidiary bank do not currently plan to elect the community bank leverage ratio framework but may consider it in the future[183] - City Holding Company and City National Bank are subject to regulatory capital requirements from the Federal Reserve and the OCC/FDIC, respectively[181] - The management believes that both entities have met all capital adequacy requirements as of the reporting date[181] - The Company has a Tier I Leverage Ratio of 11.1% for City Holding Company and 10.2% for City National Bank, both exceeding the minimum required ratio of 4.0%[181] - The Company is classified as a qualifying community banking organization, eligible for the community bank leverage ratio framework if certain criteria are met[182]
Helport AI Opens Mexico City Office
Globenewswire· 2025-11-05 13:31
Core Insights - Helport AI has established a new office in Mexico City, marking a significant step in its international expansion and multilingual AI service delivery [1][2] - The Mexico City office will serve as the regional headquarters for Latin America, focusing on Spanish-language operations and connecting teams across Southeast Asia and the Americas [2][4] - The company’s hybrid AI + BPO business model has shown promising performance, with over 200 billable AI-assisted agents currently supporting enterprise programs [4][5] Group 1: Strategic Expansion - The Mexico City office is a central hub for Helport AI's Spanish-language operations, enhancing its global multilingual AI delivery network [2][6] - This new hub aims to establish a multilingual AI delivery and labeling network, allowing efficient deployment of AI productivity tools across various languages and cultures [6][8] - The office will support the development of AI use cases and industry-specific applications tailored for Spanish-speaking markets [8] Group 2: Business Model and Performance - Helport AI employs a performance-based collaboration model, where clients pay based on achieved business outcomes, aligning incentives with client success [5] - The company has experienced multi-sector growth since launching its Manila-based 'Global Center of Excellence' for AI operations in January 2025 [4][6] - The Mexico City office is expected to build on the success of the Manila operations, extending AI-powered delivery capabilities across the Americas [4][6] Group 3: Leadership and Vision - CEO Guanghai Li emphasized that the opening of the Mexico City office is a key milestone in Helport AI's global strategy, enhancing its operational footprint [7] - The company aims to empower enterprises to work more effectively by integrating advanced AI technologies into their operations [10]
LEIFRAS Co., Ltd. Awarded Contract for Nagoya City Regional Club Activity Facility Management and Operation Services
Prnewswire· 2025-11-05 13:00
Core Points - Leifras Co., Ltd. has been awarded a contract by the City of Nagoya for managing and operating regional club activity facilities at municipal junior high schools [1][2] - The project will begin in October 2025 and will involve 111 municipal junior high school facilities, including gymnasiums, martial arts dojos, athletic fields, music rooms, and art rooms [2] - Leifras aims to ensure safe and secure operations of these club activities in collaboration with Nagoya City officials and school administrators [3] Company Overview - Leifras is a sports and social business company based in Tokyo, focusing on youth sports and community engagement [4] - The company is recognized as one of Japan's largest operators of children's sports schools, emphasizing the development of non-cognitive skills through a holistic approach [4] - Leifras also operates a social business sector, dispatching sports coaches to promote physical health, social inclusion, and community well-being [4]
Xcite Resources Commences Airborne Geophysical Surveys at Uranium City Area Projects, Saskatchewan
Newsfile· 2025-11-05 12:00
Xcite Resources Commences Airborne Geophysical Surveys at Uranium City Area Projects, SaskatchewanNovember 05, 2025 7:00 AM EST | Source: Xcite Resources Inc.Vancouver, British Columbia--(Newsfile Corp. - November 5, 2025) - Xcite Resources Inc. (CSE: XRI) ("XRI", "Xcite" or the "Company"), with its partner Eagle Plains Resources Ltd. (TSX-V:EPL) (OTCQB: EGPLF) ("EPL" or "Eagle Plains") are pleased to announce the beginning of the airborne geophysical survey on the six Uranium City Projects. T ...
Eagle Plains Partner Xcite Resources Commences Airborne Geophysical Surveys at Uranium City Area Projects, Saskatchewan
Accessnewswire· 2025-11-05 12:00
Core Viewpoint - Eagle Plains Resources Ltd. has initiated a geophysical survey on multiple projects following notification from its option partner Xcite Resources Inc. [1] Group 1: Company Activities - Xcite Resources Inc. has mobilized survey equipment to commence a geophysical survey on Eagle Plains' 100% owned projects, which include Beaver River, Black Bay, Don Lake, Gulch, Lorado, and Smitty [1]
Oak Valley Community Bank Receives Approval to Award City Ministry Network a $150,000 Grant Supporting Workforce Development
Globenewswire· 2025-11-04 22:42
Core Points - Oak Valley Community Bank has received a $150,000 AHEAD grant from the Federal Home Loan Bank of San Francisco to support City Ministry Network's initiatives aimed at empowering Latino youth [1][4] - The grant will enhance the Hispanic Youth Leadership Clubs by introducing a "career ready" curriculum and launching Latino Leadership Circles at local colleges, providing coaching and professional networking opportunities [2][4] - The 2025 AHEAD Program awarded a total of $8 million in grants to 64 projects across Arizona, California, and Nevada, highlighting the demand for local economic development support [4] Company Overview - Oak Valley Community Bank is a wholly-owned subsidiary of Oak Valley Bancorp, operating 19 branches across California, offering various loan and deposit products [6] - The bank is committed to community investment and economic development, aligning its mission with the goals of the AHEAD grant program [3][4] Industry Context - The Federal Home Loan Bank of San Francisco plays a crucial role in supporting local lenders and community development initiatives, providing resources that drive economic vitality and affordable housing [8] - The AHEAD grant program is designed to address pressing needs in low- to moderate-income communities, reflecting a broader mission of economic support and community resilience [4][8]
Century Complete Announces New Paired Homes Coming Soon to Bullhead City, AZ
Prnewswire· 2025-11-04 16:33
Core Insights - Century Communities, Inc. has announced the launch of Sunbeam, a new community in Bullhead City, Arizona, featuring paired homes starting from the $260s [1][4] - The new homes will offer spacious floor plans with modern amenities, including up to 1,863 square feet and four bedrooms [2][7] - The community is strategically located near retail, dining, and recreational options, enhancing its appeal to potential homebuyers [3] Company Overview - Century Communities is recognized as one of the largest homebuilders in the U.S. and a leader in online home sales, having been named one of America's Most Trustworthy Companies by Newsweek for three consecutive years [9] - The company operates in 16 states and over 45 markets, providing a range of services including mortgage and insurance through its subsidiaries [9] - The mission of Century Communities is to build high-quality homes at affordable prices, catering to a diverse range of homebuyers [9]