Alex Len (Washington Wizards) with a dunk vs the New Orleans Pelicans, 04/16/2021
Alex Len (Washington Wizards) with a dunk vs the New Orleans Pelicans, 04/16/2021
Amaravati (Andhra Pradesh) [India], May 14 (ANI): After Telanagana authorities stopped ambulances heading towards Hyderabad at the interstate borders, Andhra Pradesh Government advisor and YSRCP general secretary Sajjala Ramakrishna Reddy on Friday said the Telangana government should allow these ambulances with a humanitarian approach.
The "Rescue Hoists and Cargo Winches Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Application, and End Users" report has been added to ResearchAndMarkets.com's offering.
Sterling was on track for a second week of gains against the dollar on Friday, consolidating above $1.40 as the U.S. currency took a breather from a recent rally. The pound is up 1.8% against the dollar since the start of May and is the second best performing G10 currency against the dollar year-to-date, aided by a more hawkish Bank of England, which has begun tapering asset purchases, and by Britain's vaccination drive that has enabled a gradual reopening of the economy. Britain will adapt its vaccine rollout to protect people more quickly in areas where a coronavirus variant first detected in India has emerged, the vaccine minister said on Friday.
The "Pet Supplement Market by Pet, Application, Source and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.
The Texans are expected to be one of the NFL's worst teams in 2021, and that's reflected in their lack of interesting options for fantasy managers to consider in drafts.
The Index is reconstituted annually and added 11 new companies in March WEST HOLLYWOOD, Calif., May 14, 2021 (GLOBE NEWSWIRE) -- LGBTQ Loyalty Holdings, Inc. (OTC PINK: LFAP) ("LGBTQ Loyalty" or “the Company''), a diversity- and inclusion-driven financial methodology and data company, announces through its wholly owned subsidiary, Loyalty Preference Index, Inc., the reconstitution of its LGBTQ100 ESG Index (Ticker: LGBTQ100). The environmental, social and governance ("ESG") Index, launched in October 2019, is the first-ever Index that references LGBTQ community survey data in the methodology for a benchmark listing of the nation’s highest financially performing companies that respondents believe are most committed to advancing equality. The Index is reconstituted annually and comprises 100 LGBTQ equality-driven companies from the nation’s top 500 publicly traded companies, based on an annual Harris Poll cross-country LGBTQ community survey and Institutional Shareholder Services ESG screening. It maintains industry sector grouping, whereby each sector can represent up to 25% in the weighting calculation. As of March 31, the Index was reconstituted to implement inclusion of 11 new companies to replace 10 existing companies and one that was delisted. In addition, the Index was rebalanced to assign new weights to the constituents as per the weighting methodology. Additions include: Autodesk, Inc., Best Buy Co., Inc., CME Group Inc., Etsy, Inc., Fiserv, Inc., Newmont Corporation, Omnicom Group Inc, ServiceNow, Inc., Tesla Inc, Vertex Pharmaceuticals Inc., and Walt Disney Company. “After completing our second annual reconstitution of the Index, we are pleased to report that it continues to generate excess returns over the S&P 500,” said Partha Sen, founder and chief executive officer of Fuzzy Logix, the company powering the Index analytics. “We look at equality through a couple of different angles in the Index construction, and the live performance is proving our thesis that addressing equality does, in fact, drive outperformance for corporations.” For the 18-month period from November 2019 to April 2021, the Index generated a 43.84% return versus a 37.65% return for the S&P 500, while keeping volatility lower by remaining within 66 basis points of the benchmark. Following the most recent reconstitution, total market capitalization of companies in the Index is calculated to be $17.53 trillion, with median market capitalization at $79.59 billion. Technology remains the top-weighted sector in the Index, with 23 companies and a total weight of 25%. Details on the Index composition criteria include company securities that nurture and promote equality in the workplace for employees across genders and sexual orientations, maintain a strong track record of loyalty and brand awareness among millions of LGBTQ community members in the United States, and possess a record of consistently strong financial performance. “The LGBTQ100 ESG Index was created to represent and promote LGBTQ equality in Corporate America, and we are proud to be part of this dynamic alliance,” said Larry Roan, director of LGBTQ Loyalty Holdings, Inc. and executive director of Advancing Equality Preference, Inc. “Empowering the community to express their preference for the nation's top equality-conscious corporations through this Index is paramount to its success.” LGBTQ Loyalty is also launching the LGBTQ + ESG100 ETF, which will be benchmarked against the LGBTQ100 ESG Index and listed by NASDAQ on May 18, 2021. The new ETF is a financial product designed to serve the principles and values of the LGBTQ diversity community and its allies, providing investors with the methodology and results related to performance of the top corporations that embrace ESG principles in the workplace and advance equality. About LGBTQ Loyalty Holdings, Inc. LGBTQ Loyalty is a diversity- and inclusion-driven financial methodology and data company that quantifies corporate equality alignment with the LGBTQ community and minority interest groups. The Company has benchmarked the first-ever U.S. Loyalty Preference Index, which it believes empowers the LGBTQ community to express their preferences for the nation's high-performing corporations most dedicated to advancing equality. The Loyalty Preference Index, branded as LGBTQ100 ESG Index, is an environmental, social and governance (ESG) Index, offering an added perspective for those seeking to align with equality-driven, ESG-responsible corporations. LGBTQ Loyalty's leadership includes seasoned authorities in the financial industry and LGBTQ community. For more information, please visit www.lgbtqloyalty.com. About Fuzzy Logix We accelerate analytics. We use it to deliver high-impact business outcomes in Banking, Finance and Healthcare. Our state of the art tool – FastINDX – allows 10-100x faster creation and turnkey management of Indexes and alpha-seeking Portfolio using a global database of 100K+ financial Please consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by visiting www.PALETFs.com or call 1-866-690-3837. Read carefully before you invest. Investing involves Risk. Principal loss is possible. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns. Additional Fund risks include: Technology Sector Risk, Healthcare Sector Risk, Finance Sector Risk, Concentration Risk, Cyber Security Risk, and Liquidity Risk. For additional information please see the prospectus. A strategy or emphasis on environmental, social and governance factors ("ESG") may limit the investment opportunities available to a portfolio. Therefore, the portfolio may underperform or perform differently than other portfolios that do not have an ESG investment focus. A portfolio's ESG investment focus may also result in the portfolio investing in securities or industry sectors that perform differently or maintain a different risk profile than the market generally or compared to underlying holdings that are not screened for ESG standards. Distributed by Quasar Distributors LLC MEDIA CONTACT: Sam MarinelliLGBTQL@gregoryfca.com610-246-9928
Wall Street's major indexes are set for their steepest weekly drop since February after stronger-than-expected inflation data, signs of labor shortage and higher commodity prices this week raised bets the Federal Reserve would have to pare back its crisis level support.
(Bloomberg) -- A quantitative strategy with $400 billion in play is headed for its worst week since the pandemic hit after inflation fears rocked assets across the spectrum.A benchmark of risk parity, the systematic investment method pioneered by Ray Dalio, has dropped 3% in the past four days. The strategy, which seeks to spread risk by allocating to different assets based on their volatility, has been upended as investments like stocks and bonds increasingly move in lockstep.Like many multi-asset trades, risk parity depends on those two asset classes in particular hedging one another. That hit a snag this week when higher-than-expected U.S. inflation sent a shock wave across Wall Street and spurred fears that rising rates could hurt a slew of investments.After more than a decade mostly in negative territory, the 60-day correlation between Treasuries and the S&P 500 Index has now reached the highest since 1999, according to data compiled by Bloomberg.“The deeply negative correlation of stocks and bonds that has persisted for most of the last two decades is not a permanent feature of markets but in fact is contingent on a certain macro regime of low and not volatile inflation,” Sanford C. Bernstein strategists led by Inigo Fraser Jenkins wrote in a note Thursday. “That regime may be coming to an end.”Even as nerves eased on Friday, the benchmark U.S. equity gauge and the 10-year Treasury both rose, demonstrating the increasingly positive link between the two.Despite a bounce since Thursday, the S&P 500 remains down roughly 1.7% this week, the most in three placid months. Meanwhile, 10-year Treasury yields are up about 5 basis points.Inflation-linked bonds are down this week, too. Even commodities -- another common part of risk-parity funds, and an asset class that’s been surging in recent weeks -- slumped on Thursday.Bond declines tend to raise more alarm for risk-parity strategies, which typically have higher-than-average allocations to debt owing to its lower volatility. In this view, the selloff in Treasuries this year has been especially concerning because it signals investors are demanding higher yields after a decade of falling rates.With stocks also slumping in the first half of the week, the $1.2 billion RPAR Risk Parity exchange-traded fund posted its worst three days since March 2020. Inflows to the fund have faltered recently after it lured cash almost every single week last year.“Any semblance of an inflation impulse will always act to stoke volatility -- as market participants had become utterly cynical as to the prospects for a sustained ‘hot’ economy and its implications for interest rates,” Nomura Holdings strategist Charlie McElligott wrote in a note. “You’re now combustible for brief but violent deleveraging and momentum shocks.”(Updates prices throughout.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Sen. Bernie Sanders (I-Vt.) and worker advocates say the president can save the benefits if he wants.
Mexico, May 14, 2021 (GLOBE NEWSWIRE) -- Since the start of the Joint Commercial Agreement in May 2017, the airlines have carried more than 22 million customers between the U.S. and Mexico.During May 2021, both carriers will operate approximately 3,800 flights, an 86 percent recovery compared to the same period in 2019. May 14, 2021.- Delta Air Lines and its partner Aeromexico are celebrating four years of their leading Joint Cooperation Agreement (JCA), a transborder alliance between the U.S and Mexico that has provided industry-leading service and benefits for more than 22 million customers since its launch in May 2017. Despite the challenges posed by the pandemic, both airlines have never stopped working to offer a seamless customer experience throughout the entire travel journey – from developing safety and cleanliness protocols and measures to protect the health of customers and employees through the Delta CareStandard and Aeromexico’s Health and Sanitization Management System, to working together to ensure that our customers have the digital resources they need as they navigate new requirements for international travel. For the onboard experience, the airlines have been working together to enhance and align the in-flight service offering by identifying and putting in place procedures that enable flight attendants to provide standardized services on board. In addition, Aeromexico is offering a new exclusive menu in its premium cabin inspired by Delta’s selections on flights between the U.S. and Mexico, resulting in a world-class menu and experience customers can enjoy whether they travel in First Class on Aeromexico or Delta. “While the past 12 months have been challenging, Delta and Aeromexico have never wavered in our commitment to continually enhance the experience and offer the best service and network for our joint customers when traveling between the U.S. and Mexico,” said Alain Bellemare, E.V.P. and President-International. “Together, we will continue to innovate and offer products and services that will provide our customers with a truly seamless customer experience, so they can sit back, relax and enjoy their return to the skies.” Delta and Aeromexico’s joint efforts to offer a comprehensive and aligned travel experience have gone beyond their inflight services, so that customers can now: Purchase tickets for branded products in all of Delta and Aeromexico’s booking channels.Reserve their seats and check-in via the Fly Delta or Aeromexico app.Take advantage of free messaging onboard through the onboard Wi-Fi.Enjoy consistent checked and hand luggage policies. “We do not only celebrate four years of our JCA with Delta, but also working with a dedicated team focused on offering a cutting-edge service to our joint customers in the transborder market. Over the last year, we have navigated through the pandemic working closer together and sharing best practices to help us recover at a steady pace. It is a positive step that we will operate approximately 3,800 flights this month, an 86 percent recovery compared to the same period in 2019,” said Nicolas Ferri, Aeromexico’s Chief Commercial Officer. Both carriers have also worked on tailor-made initiatives for corporate travelers, including the Corporate Priority program that offers consistent benefits around the world. These benefits include Check-in Recognition and priority service recovery, among others. Delta and Aeromexico continue working together to be an even stronger alliance that benefits more customers, offering a combined network of more than 40 popular business and leisure routes between the U.S. and Mexico from their main hubs, connecting more customers per day to more destinations in Mexico via the Mexico City hub than any other carrier, and offering the most service in the largest New York and Los Angeles markets. The airlines also are operating 40 percent more capacity to popular Mexico beach destinations than in 2019, and will resume important business routes, with Mexico City-Minneapolis/St. Paul having restarted on May 5, while Mexico City-Austin and Mexico City-Dallas will relaunch on July 1. oo0oo Additional Information: Aeromexico-Delta Microsite: Consult more details and download the 4th year anniversary infographic. Delta CareStandard. Learn about the measures and protocols that Delta has applied throughout the travel experience. Health and Sanitization Management System Created by Aeromexico to protect the health of its clients and employees. About Delta/ Aeromexico Through their Joint Cooperation Agreement (JCA) Delta Air Lines and Aeromexico launched the leading transborder airline alliance between the United States and Mexico. This agreement offers more connectivity and scheduling options that benefit customers from both airlines while deepening the relationship they have shared for 20 years as members of the SkyTeam global airline alliance. Delta provides service in the United States through its connecting hubs in Atlanta, Detroit, Los Angeles, Minneapolis-St. Paul, New York-JFK, Salt Lake City, and Seattle; and Aeromexico offers greater access to Mexico through its hubs in Mexico City, Monterrey, and Guadalajara. The airlines are enhancing the customer experience through increased connectivity, by investing in boarding gates, VIP lounges, and frequent flyer benefits through SkyMiles and Club Premier accruals. Media Contact: email@example.com Attachments PRESS RELEASE JCA 4 ANNIVERSARY MAY 14 DLAM (1) CONTACT: Aeromexico’s Corporate Communications Aeroméxico firstname.lastname@example.org
HUNTINGTON BEACH, Calif., May 14, 2021 (GLOBE NEWSWIRE) -- Software Growth Partners’ portfolio company, Netreo, recently announced its acquisition of Stackify, a developer-centric provider of SaaS application performance monitoring (APM) solutions. The transaction marks the second acquisition in nine months for Netreo, which also acquired Chicago-based cloud infrastructure monitoring company CloudMonix in June 2020. “Since our original investment in 2018, Netreo has grown rapidly as provider of AIOps-driven monitoring solutions for critical and complex IT infrastructures,” said Sumit Garg, Managing Partner at Software Growth Partners. “We are delighted to have supported Netreo in this acquisition. Stackify brings some unique Application Performance Monitoring capabilities that will enable the joint customers to now have best-in-class end-to-end observability solution. Both Netreo and Stackify have similar organizational cultures centered around innovation, customer excellence and simplicity, that make it even more compelling.” Based in Huntington Beach, CA, Netreo helps technology leaders drive greater visibility, automation, and performance into their IT operations through its full-stack, AIOps-driven IT monitoring platform and Digital Experience Monitoring (DEM) solutions. The addition of Stackify’s developer and DevOps-centric APM capabilities strengthens Netreo’s full-stack IT monitoring and AIOps offerings by giving customers improved application performance management, centralized logging, full transaction tracing, deployment tracking capabilities and greater visibility into continuous improvement/continuous deployment (CI/CD) workflows. “The acceleration of digital transformation and the rise of remote work this past year have made it even more critical for business and technology leaders to have actionable insights on the quality of internal and external digital customer experiences - more intelligently, efficiently and securely,” said Jasmin Young, CEO at Netreo. “The combined capabilities of Netreo and Stackify will enable developers, DevOps, IT and business leaders to have AIOps-driven end-to-end observability and rapid incident resolution for their cloud and on-premises IT infrastructure. We are delighted to welcome the Stackify team and community to the Netreo family.” About Software Growth Partners Software Growth Partners (SGP) is a Silicon Valley-based private equity firm focused on SaaS and Software-enabled service businesses. SGP pursues a partnership-driven and hands-on investment approach and strives to be an ideal financial and strategic partner for founder-owned companies and entrepreneurs that are looking for liquidity while preserving significant upside resulting from growth in their businesses. As a value-added investor, SGP is actively involved with its portfolio companies at all stages and provides significant operational and strategic support to its management teams, helping them address critical issues as the companies scale towards realizing their full potential. About Netreo Netreo’s full-stack IT infrastructure management (ITIM), application performance monitoring (APM) and digital experience monitoring (DEM) solutions empower enterprise ITOps, developers and IT leaders with AIOps-driven observability, actionable insights, process automation and accelerated issue resolution. By having real-time intelligence on all resources, devices and applications deployed in cloud, on-premises and hybrid networks, Netreo’s users have the confidence to deliver more reliable and innovative internal and external customer digital experiences. Netreo is one of Inc. 5000’s fastest-growing companies and is trusted worldwide by thousands of private and public entities managing half a billion resources per day. Media Contact:Zach StegengaVP, Business DevelopmentSoftware Growth Partnerszach@softwaregrowthpartners.com
Dr. Michelle Rockwell lost a pregnancy in December and shared her heartache with her 30,000 Instagram followers. Weeks later, she received the COVID-19 vaccine and posted about that, too. By February, Rockwell was getting past the grief and finally starting to experience moments of joy. But then, to her horror, social media users began using her posts to spread the false claim that she miscarried as a result of the shot. “They said horrible things to me, like how could I possibly get the vaccine, that I was a baby killer, and that I would be infertile forever and would never have babies again,” said Rockwell, a 39-year-old family medicine doctor from Tulsa, Oklahoma. Even though she knows that research shows the vaccine is safe for pregnant women, she said the posts brought her trauma to the surface and hurt her “to the core.” From a movie prop master in Texas to a professor in New York, people across the country have found themselves swept into the misinformation maelstrom, their online posts or their very identities hijacked by anti-vaccine activists and others peddling lies about the outbreak. Sharing other people’s posts or photos out of context is a common tactic in the disinformation playbook because it's an “easy, cheap way to gain credibility,” said Lisa Fazio, a Vanderbilt University psychology professor who studies how false claims spread. But during the COVID-19 pandemic, experts warn, false or misleading posts can mean the difference between someone taking precautions or not. “When you’re in a situation where the world is confusing, you’re trying to latch on to what’s true. A common suggestion is to listen to the experts,” Fazio said. “If you have people pretending to be those experts or grabbing that credibility, then that can cause a lot of havoc.” Scott Reeder, a movie and TV prop master in Austin, Texas, who frequently shares jokes and film industry secrets with his 1 million TikTok followers, posted a short video in September demonstrating how retractable stunt knives, syringes and icepicks are used on a movie set. In December, he learned that a clip of the footage was being misused on Facebook and Twitter. Someone had isolated the part of the video where he pushes the spring-loaded syringe into his arm, and falsely claimed that politicians overseas are using the devices to fake their COVID-19 vaccinations. Reeder was able to tamp down the falsehoods with help from TikTok followers who vouched for him and by releasing a second video outlining the misinformation. But it upsets him that his posts were used to promote a conspiracy theory he knows is false. “I’m just trying to make people laugh with my dad jokes and my prop information,” Reeder said. “But people just try to suck you in or utilize your content to push their agenda.” Robert Oswald, a professor of molecular medicine at Cornell University, hadn't even put anything on social media when he learned his name was being used in viral posts claiming the coronavirus was “imaginary and fictitious.” A bogus statement claimed Oswald had done research that found COVID-19 was “just another flu strain." Some of the posts included his professional photo and office address. “It said I had some sort of lab in California. It said I was a virologist. None of that’s true,” Oswald said. “I was pretty horrified by it all, obviously.” Oswald, who doesn’t study viruses in his work, disavowed the posts on his professional webpage and responded to each message he received with the truth, though some refused to believe it. Powerful or dramatic claims can be especially difficult to stamp out. “A Cornell professor warning about COVID, that’s boring. The same professor saying COVID is a hoax, well, that’s interesting and guarantees traffic,” said Elias Aboujaoude, a Stanford University professor who studies the intersection of psychology and technology. Dr. Nicole Baldwin, a Cincinnati pediatrician who posted a video in support of vaccines in January 2020, said she was subjected to harassing messages, calls to her office, one-star reviews of her work, and memes that used her picture and falsely claimed she was under investigation for “drugging” autistic children. She now offers support over the phone and via email to people who have found themselves in her position — including Rockwell. “I look back at that time in January now, actually, with gratitude, because it got me to the point where I am right now,” Baldwin said. “But in that period that I was there in January, I certainly wasn’t saying, ‘Yay, this is amazing.’ So I’m trying to help other people.” Ali Swenson And Beatrice Dupuy, The Associated Press
The gala will adhere to the latest CDC guidelines, organizers said.
Letters to the editor on ending federal unemployment benefits in Idaho, killing wolves, the Electoral College, Reps. Simpson and Fulcher’s votes on Liz Cheney and the property tax bill.
London and the North West have seen the biggest rise in cases of the variant.
OutSystems announces recognition as 'the developers’ choice - and an SI darling’ in latest industry analysis.
GADSDEN, Ala., May 14, 2021 (GLOBE NEWSWIRE) -- The Southern Banc Company, Inc. (OTCBB: SRNN), the holding company for The Southern Bank Company announced net income of approximately $138,000, or $0.18 per basic and diluted share, for the quarter ended March 31, 2021, as compared to net income of approximately $73,000, or $0.10 per basic and diluted share, for the quarter ended March 31, 2020. The Company announced that for the nine-month period ended March 31, 2021, the Company recorded net income of approximately $307,000, as compared to net income of approximately $274,000 for the nine-month period ended March 31, 2020. Gates Little, President and Chief Executive Officer of the Company stated that the Company’s net interest margins increased approximately $70,000 or 6.4% during the quarter as compared to the same period in 2020. The increase in the net interest margin before provision for loan losses for the quarter was primarily attributable to a decrease in total interest expense of approximately $115,000, offset by a decrease in total interest income of approximately $45,000. For the three months ended March 31, 2021 and March 31, 2020 the Company recorded no provision for loan and lease losses. For the quarter ended March 31, 2021, total non-interest income increased approximately $9,000, or 14.1% while total non-interest expense decreased approximately $8,000, or (0.7%) as compared to the same three-month period in 2020. The increase in non-interest income was primarily attributable to an increase in miscellaneous income of approximately $16,000 offset in part by a decrease in customer services fees of approximately $6,000. The decrease in non-interest expense was primarily attributable to decreases in data processing expenses of approximately $24,000, occupancy expenses of approximately $2,000 and salaries and benefits of approximately $14,000 offset in part by an increase in professional service expenses of approximately $9,000. For the nine-months ended March 31, 2021, net interest income decreased approximately $132,000 or (3.9%). Provision for loan and lease losses decreased approximately $3,000 or (7.4%) during the nine-month period as compared to the same period in 2020. Net interest income after provision for loan and lease losses decreased approximately $129,000 or (3.9%) for the nine-months ended March 31, 2021, as compared to the same period in 2020. For the nine-months ended March 31, 2021, total non-interest income increased approximately $60,000 or 35.9% while total non-interest expense decreased approximately $112,000 or (3.6%) as compared to the same period in 2020. The increase in non-interest income was primarily attributable to activity in the lease portfolio, offset in part by a decrease in customer service fees of approximately $17,000. The decrease in non-interest expense was primarily attributable to decreases in professional service expense of approximately $26,000, salaries and benefits of approximately $133,000 offset in part by an increase in data processing expenses of approximately $15,000. The Company’s total assets at March 31, 2021 were approximately $111.4 million, as compared to $103.3 million at June 30, 2020. Total stockholders’ equity was approximately $11.9 million at March 31, 2021 or 10.7% of total assets as compared to approximately $12.3 million at June 30, 2020 or approximately 12.0% of total assets. The Bank has four full-service banking offices located in Gadsden, Albertville, Guntersville, and Centre, AL, and one loan production office in Birmingham, AL. The stock of The Southern Banc Company, Inc. is listed on the OTC Bulletin Board under the symbol “SRNN”. Certain statements in this release contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which statements can generally be identified by the use of forward-looking terminology, such as “may,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “target,” “plan,” “project,” “continue,” or the negatives thereof, or other variations thereon or similar terminology, and are made on the basis of management’s plans and current analyses of the Company, its business and the industry as a whole. These forward-looking statements are subject to risks and uncertainties, including, but not limited to, economic conditions, competition, interest rate sensitivity and exposure to regulatory and legislative changes. The above factors, in some cases, have affected, and in the future could affect the Company’s financial performance and could cause actual results to differ materially from those expressed or implied in such forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. (Selected financial data attached) THE SOUTHERN BANC COMPANY, INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Dollar Amounts in Thousands) March 31, June 30, 2021 2020 (Unaudited) ASSETS CASH AND CASH EQUIVALENTS$14,602 $25,766 SECURITIES AVAILABLE FOR SALE, at fair value 41,692 25,874 FEDERAL HOME LOAN BANK STOCK 141 174 LOANS RECEIVABLE, net of allowance for loan losses of $829 and $895, respectively 52,698 49,105 PREMISES AND EQUIPMENT, net 714 736 ACCRUED INTEREST AND DIVIDENDS RECEIVABLE 253 224 PREPAID EXPENSES AND OTHER ASSETS 1,317 1,423 TOTAL ASSETS$111,417 $103,302 LIABILITIES DEPOSITS$95,328 $88,766 FHLB ADVANCES AND OTHER BORROWED MONEY 445 0 OTHER LIABILITIES 3,713 2,188 TOTAL LIABILITIES 99,486 90,954 STOCKHOLDERS' EQUITY: Preferred stock, par value $.01 per share 500,000 shares authorized, shares issued and outstanding—none 0 0 Common stock, par value $.01 per share, 3,500,000 authorized, 1,454,750 shares issued 15 15 Additional paid-in capital 13,919 13,906 Shares held in trust, 45,243 and 44,506 shares at cost, Respectively (760) (754)Retained earnings 7,898 7,592 Treasury stock, at cost, 648,664 shares (8,825) (8,825)Accumulated other comprehensive (loss) income (316) 414 TOTAL STOCKHOLDERS’ EQUITY 11,931 12,348 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$111,417 $103,302 THE SOUTHERN BANC COMPANY, INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Dollar Amounts in Thousands, except per share data) Three Months Ended Nine Months Ended March 31, March 31, 2021 (Unaudited) 2020 2021 (Unaudited) 2020 INTEREST INCOME: Interest and fees on loans$1,173 $1,199 $3,434 $3,686 Interest and dividends on securities 145 103 440 311 Other interest income 3 64 7 221 Total interest income 1,321 1,366 3,881 4,218 INTEREST EXPENSE: Interest on deposits 165 280 645 845 Interest on borrowings 0 1 0 4 Total interest expense 165 281 645 849 Net interest income before provision for loan losses 1,155 1,085 3,236 3,369 Provision for loan losses 0 0 41 45 Net interest income after provision for loan losses 1,155 1,085 3,195 3,324 NON-INTEREST INCOME: Fees and other non-interest income 31 37 93 110 Net gain on sale of securities 0 1 0 1 Miscellaneous income 42 26 135 57 Total non-interest income 73 64 228 168 NON-INTEREST EXPENSE: Salaries and employee benefits 573 587 1,630 1,764 Office building and equipment expenses 60 61 180 184 Professional Services Expense 105 96 296 322 Data Processing Expense 157 181 471 456 Net loss on sale of securities 0 0 0 0 Other operating expense 146 124 427 390 Total non-interest expense 1,041 1,049 3,004 3,116 Income before income taxes 187 100 419 376 PROVISION FOR INCOME TAXES 49 27 112 102 Net Income$138 $73 $307 $274 EARNINGS PER SHARE: Basic$0.18 $0.10 $0.40 $0.36 Diluted$0.18 $0.10 $0.40 $0.36 DIVIDENDS DECLARED PER SHARE$--- $--- $--- $--- AVERAGE SHARES OUTSTANDING: Basic 761,335 761,596 761,335 764,998 Diluted 761,335 763,627 761,335 766,063 Contact: Gates Little(256) 543-3860
Ladies and gentlemen, thank you for standing by, and welcome to FangDD Network Group Limited first-quarter 2021 earnings call. Now, I'd like to hand the conference over to your speaker host today, Ms. Linda Li, the company's director of capital markets. The company has announced its first-quarter 2021 financial results today.
By now, everyone should have access to our first-quarter 2021 earnings release, which is available on the NeoGames website at www.neogames.com., in the Investor Relations section. With that, I'll turn the call over to Moti.
EXCLUSIVE: Devon Greggory, showrunner and writer of Paramount+’s newly greenlit series revival of The Game, has signed a multi-year overall deal with CBS Studios, the studio behind the half-hour dramedy. Under the pact, via his production shingle The Inphiniti Company, Greggory will write, direct and produce content for CBS, Paramount+, The CW and various ViacomCBS-owned […]