Fear of losing US Space Command unites Colorado’s congressional delegation
Priest’s suspension in keeping with procedures, says Ernakulam-Angamaly archdioceseMore prison school offerings like diploma, degree help better prospects for ex-offenders
Top Wall Street analysts suggest these stocks with attractive upside potential
AMESBURY, Mass. , Dec. 2, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (Nasdaq:PVBC), the holding company for BankProv (the "Bank"), today announced that its Board of Directors has adopted a new stock repurchase program. Under the repurchase program, the Company may repurchase up to 883,366 shares of its common stock, or approximately five percent of the current outstanding shares. The repurchase program was adopted following the receipt of non-objection from the Federal Reserve Bank of Boston . The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. Repurchases will be made at management's discretion at prices management considers to be attractive and in the best interests of both the Company and its stockholders, subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance. Open market purchases will be conducted in accordance with the limitations set forth in Rule 10b -18 of the Securities and Exchange Commission and other applicable legal requirements. The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Company to purchase any particular number of shares. About Provident Bancorp, Inc. Provident Bancorp, Inc. (NASDAQ:PVBC) is the holding company for BankProv, a full-service commercial bank headquartered in Massachusetts . With retail branches in the Seacoast Region of Northeastern Massachusetts and New Hampshire , as well as commercial banking offices in the Manchester / Concord market in Central New Hampshire , BankProv delivers a unique combination of traditional banking services and innovative financial solutions to its markets. Founded in Amesbury, Massachusetts in 1828, BankProv holds the honor of being the 10th oldest bank in the nation. The Bank insures 100% of deposits through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, visit bankprov.com . Forward-Looking Statements This news release may contain certain forward-looking statements, such as statements of the Company's or the Bank's plans, objectives, expectations, estimates and intentions. Forward-looking statements may be identified by the use of words such as, "expects," "subject," "believe," "will," "intends," "may," "will be" or "would." These statements are subject to change based on various important factors (some of which are beyond the Company's or the Bank's control), and actual results may differ materially. Accordingly, readers should not place undue reliance on any forward-looking statements (which reflect management's analysis of factors only as of the date on which they are given). These factors include: general economic conditions; interest rates; inflation; levels of unemployment; legislative, regulatory and accounting changes; monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve Bank; deposit flows; our ability to access cost-effective funding; changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio; changes in consumer spending, borrowing and savings habits; competition; our ability to successfully shift the balance sheet to that of a traditional community bank; real estate values in the market area; loan demand; the adequacy of our level and methodology for calculating our allowance for credit losses; changes in the quality of our loan and securities portfolios; the ability of our borrowers to repay their loans; our ability to retain key employees; failures or breaches of our IT systems, including cyberattacks; the failure to maintain current technologies; the ability of the Company or the Bank to effectively manage its growth; global and national war and terrorism; the impact of the COVID-19 pandemic or any other pandemic on our operations and financial results and those of our customers; and results of regulatory examinations, among other factors. The foregoing list of important factors is not exclusive. Readers should carefully review the risk factors described in other documents that the Company files from time to time with the Securities and Exchange Commission, including Annual and Quarterly Reports on Forms 10-K and 10-Q, and Current Reports on Form 8-K. Investor contact: Joseph Reilly President and Chief Executive Officer Provident Bancorp, Inc. jreilly@bankprov.com View original content to download multimedia: https://www.prnewswire.com/news-releases/provident-bancorp-inc-adopts-stock-repurchase-program-302320082.html SOURCE Provident Bancorp, Inc.Hezbollah responds to strikes after ceasefire
Hyderabad: Forests and endowments minister Konda Surekha has expressed suspicion on the handiwork of former secretary of Telangana Social Welfare Residential Educational Institutions Society (TGSWREIS) and BRS leader RS Praveen Kumar in the recent cases of food poisoning being reported in those institutions. Addressing media in Hyderabad on Saturday, she also suspected the hand of BRS working president KT Rama Rao (KTR) behind the incidents, as per the inputs from the intelligence. She said that RS Praveen Kumar had many followers in the Gurukuls, and that she was suspecting that they were trying to create unrest by blaming the state government for those food poisoning incidents, seemingly at the behest of KTR. She also alleged that there were irregularities to the tune of crores in Gurukuls, when RS Praveen Kumar was heading the administration of those institutions, “During the previous government, there was no effort made by those in power to inspect the Gurukuls and check the quality of education and facilities being offered to students there. After Congress came to power we have been doing that. Only one incident of food poisoning happened in the present government, which is unfortunate. With a plan they are trying to prevent the government from doing its work. I believe that there is the hand of RS Praveen Kumar in the incidents of food poisoning being reported in the state,” she told the media. She also said that BRS chief K Chandrasekhar Rao (KCR) was giving more importance to his daughter K Kavitha, and that was the reason why KTR was feeling left-out. She also said that while Siddipet MLA T Harish Rao and Kavitha formed a team, KTR was feeling isolated. In a strong rebuttal of Surekha’s comments, Praveen Kumar dared the state government to arrest him if he was found to have perpetrated any wrongdoing. “Konda Surekha lost her credibility when she got Telangana activists attacked at Manukota railway station during Telangana movement. She doesn’t even deserve to be a minister. I neglected my own children to ensure the children from these Gurukuls excelled in their careers. The results speak loud about what I could achieve. Konda Surekha should stop holding press meets,” he remarked.Minnesota looks to stop skid vs. Bethune-Cookman
Ohio State, Michigan players involved in postgame scuffleJasper Therapeutics Announces First Patient Dosed in Phase 1b/2a ETESIAN Clinical Study of ...
Published 5:58 pm Monday, December 2, 2024 By Data Skrive Ranked squads will be on Tuesday’s college basketball schedule for six games, including the Holy Cross Crusaders playing the UConn Huskies. Watch women’s college basketball, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. Catch tons of live women’s college basketball , plus original programming, with ESPN+ or the Disney Bundle.
The price of bitcoin surpassed $100,000 for the first time on Wednesday, soaring to a fresh high as the world's largest cryptocurrency extended a rally set off by the election of former President Donald Trump. Bitcoin has climbed more than 40% since Election Day, when voters opted for a candidate viewed as friendly toward digital currency. Those gains have far outpaced the stock market. The S &P 500 has increased about 2.4% over that period, while the tech-heavy Nasdaq has jumped 2.6%. On the campaign trail, Trump vowed to bolster the cryptocurrency sector and ease regulations enforced by the Biden administration. Trump also promised to establish the federal government's first National Strategic Bitcoin Reserve. Trump said he would replace Securities and Exchange Commission Chair Gary Gensler, whom many crypto proponents dislike for what they perceive as a robust approach to crypto regulation. Gensler announced that he plans to resign on Jan. 20, 2025, the date of Trump's inauguration. The post-election euphoria has lifted other parts of the crypto sector. Ethereum, the second-largest cryptocurrency, has climbed 27%. Lesser-known dogecoin has skyrocketed about 140%, while litecoin has surged 35%. Shares of Coinbase, a top crypto trading platform, have increased more than 70% since Trump's reelection. The growth in recent weeks extends a remarkable turnabout for the once-beleaguered crypto industry. The sector entered this year bruised after a series of high-profile collapses and company scandals. FTX, a multibillion-dollar cryptocurrency exchange co-founded by Sam Bankman-Fried, collapsed in November 2022. The implosion set off a 17-month legal saga that resulted in the conviction of Bankman-Fried for fraud. In April, Bankman-Fried was sentenced to 25 years in prison. Changpeng Zhao, the founder and former CEO of major cryptocurrency exchange Binance, was sentenced to four months in prison in April after pleading guilty to charges that his platform had enabled illicit financial activity. The reelection of Trump marks the latest in a series of positive developments that have buoyed cryptocurrency this year. Those gains have been propelled, in part, by U.S. approval in January of bitcoin ETFs, or exchange-traded funds. Bitcoin ETFs allow investors to buy into an asset that tracks the price movement of bitcoin, while avoiding the inconvenience and risk of purchasing the crypto coin itself. Last month, options on BlackRock's popular iShares Bitcoin Trust ETF (IBIT) were made available for trading on the Nasdaq. The options, which provide a new avenue for bitcoin investors, allow individuals to commit to buy or sell the ETF at a given price by a specific date. While such investments typically come with additional risk, they can also make large payouts. IBIT inched upward 1% on Friday, reaching a record high of about $56. Bryan Armour, the director of passive strategies research at financial firm Morningstar, attributed the recent crypto surge to investors' anticipation of friendly policy under Trump, as well as the newly available options trading for bitcoin ETFs. Still, the performance of cryptocurrencies, including bitcoin, has proven volatile, Armour added. The price of bitcoin could fall, especially if Trump encounters difficulty following through on his campaign commitments, he said. "As long as the narrative stays positive, there's always room to grow," Armour told ABC News before bitcoin reached $100,000. "I also think campaign promises don't always come to fruition." "It's still a highly volatile asset," Armour added.Michigan athletic director Warde Manuel gets 5-year contract extension
Unions score a major win in Wisconsin with a court ruling restoring collective bargaining rightsVaxart Completes Enrollment of Sentinel Cohort in Phase 2b Study Evaluating Its COVID-19 Oral Pill Vaccine Candidate
