Town

Pinnacle Bankshares Corporation Announces Increase to Quarterly Cash Dividend

Retrieved on: 
Wednesday, February 15, 2023

ALTAVISTA, Va., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.20 per share on February 14, 2023, payable March 10, 2023, to shareholders of record as of February 24, 2023.

Key Points: 
  • ALTAVISTA, Va., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.20 per share on February 14, 2023, payable March 10, 2023, to shareholders of record as of February 24, 2023.
  • The $0.20 per share cash dividend is $0.02, or 11%, higher than the $0.18 dividend paid last quarter and marks the forty-second consecutive quarter that a dividend has been declared.
  • “Pinnacle is pleased to increase its quarterly cash dividend to $0.20 per share as a result of record high earnings generated during 2022,” stated Aubrey H. Hall, III, President and Chief Executive Officer for both the Company and the Bank.
  • This press release may contain “forward-looking statements” within the meaning of federal securities laws that involve significant risks and uncertainties.

Benedict Park playground closer to meeting accessibility goals

Retrieved on: 
Monday, February 13, 2023

Montgomery, NY, Feb. 13, 2023 (GLOBE NEWSWIRE) -- More children and caregivers with disabilities in Orange County will soon be able to play on Benedict Park playground.

Key Points: 
  • Montgomery, NY, Feb. 13, 2023 (GLOBE NEWSWIRE) -- More children and caregivers with disabilities in Orange County will soon be able to play on Benedict Park playground.
  • This is due to the Community Foundation of Orange and Sullivan and the Town of Montgomery ’s efforts to add an inclusive, fully accessible, and universally designed playground to the existing Benedict Park Playground.
  • During the October 6, 2022, Town Board meeting, Ms. Kaitlin Rickerd, a pediatric therapist, explained the need for handicap-accessible playgrounds.
  • Ms. Rickerd’s goal, with the Community Foundation of Orange and Sullivan, is to raise $100,000 for the construction of the playground.

Anatomy IT Appoints Three C-level Executives as Demand Builds for More Innovative and Proactive Healthcare Technology Solutions

Retrieved on: 
Wednesday, February 15, 2023

The new executives are:

Key Points: 
  • The new executives are:
    “Anatomy IT is thrilled to welcome such a talented group of leaders to help shape our future,” said Frank Forte, CEO of Anatomy IT.
  • David leverages his public accounting background, private equity experience, and deep healthcare knowledge to transform and consistently implement value-creating growth.
  • Anatomy IT helps healthcare organizations improve productivity and enhance patient care through innovative healthcare technology and cybersecurity solutions.
  • As one of the largest and fastest-growing healthcare IT companies, Anatomy IT partners with over 500 healthcare organizations across all healthcare specialties.

Reeder Land Development Completes Phase 1A of Matthews Landing in Harnett County – Town of Lillington, NC

Retrieved on: 
Tuesday, January 31, 2023

Dallas-based Reeder Land Development Company ("Reeder"), a division of Reeder Capital Partners, today announced the completion and sale of the first Phase 1 finished lots at Matthews Landing to D. R. Horton, Inc. ("D.R.

Key Points: 
  • Dallas-based Reeder Land Development Company ("Reeder"), a division of Reeder Capital Partners, today announced the completion and sale of the first Phase 1 finished lots at Matthews Landing to D. R. Horton, Inc. ("D.R.
  • As previously announced, Reeder acquired approximately 348 acres in Harnett County, North Carolina, to develop a new residential planned community within the Town of Lillington ETJ.
  • Reeder subsidiary, Matthews Landing Development LLC, owns the project.
  • "Despite the general slowdown in new home sales, this region of North Carolina continues to show steady growth," said Chris Reeder, Co-Founder of Reeder Land Development.

New Found Announces the Grand Opening of Its Giga-shack Core Facility

Retrieved on: 
Tuesday, January 31, 2023

On January 27, 2023, New Found hosted a grand opening ceremony for this new facility and it is now operational and receiving core from the Queensway drilling.

Key Points: 
  • On January 27, 2023, New Found hosted a grand opening ceremony for this new facility and it is now operational and receiving core from the Queensway drilling.
  • View the full release here: https://www.businesswire.com/news/home/20230131005507/en/
    Figure 1: Ribbon Cutting at Grand Opening of New Found Gold’s Giga-Shack in Gander, Newfoundland.
  • (Photo: Business Wire)
    The Giga-Shack is a modern core processing facility with 15,000sq ft of floor area dedicated to drill core logging, core cutting, and sample preparation.
  • Thank you also to the many people who were able to attend our open house event on Friday.”

Gyrodyne Issues Letter to Shareholders

Retrieved on: 
Monday, January 30, 2023

Gyrodyne, LLC (Nasdaq: GYRO) (“Gyrodyne” or the “Company”), an owner and manager of a diversified portfolio of real estate properties, today issued the following letter to shareholders from Gary Fitlin, Gyrodyne's Chief Executive Officer.

Key Points: 
  • Gyrodyne, LLC (Nasdaq: GYRO) (“Gyrodyne” or the “Company”), an owner and manager of a diversified portfolio of real estate properties, today issued the following letter to shareholders from Gary Fitlin, Gyrodyne's Chief Executive Officer.
  • As we start the new year, I would like to express my gratitude for your investment in Gyrodyne.
  • As you may know, some shareholders’ concerns about the Company and our corporate governance were evident at the 2022 Annual Meeting of Shareholders.
  • In short order, we embarked on a listening tour and spoke with the vast majority of our major shareholders.

Ready Life Advisors Montel Williams, Dr. Bernice A. King and Ashley D. Bell Co-Host National Town Hall on Homeownership

Retrieved on: 
Thursday, February 16, 2023

ATLANTA, Feb. 16, 2023 /PRNewswire/ -- Fifty-nine years after the passage of the Civil Rights Act in 1964, the United States continues to suffer from long-term systemic bias that results in a variety of disparities–including significant wealth and homeownership gaps. Today, black mortgage applicants are denied at an 84 percent higher rate than white applicants.1 In an era of reckoning where the U.S. is acknowledging systemic discrimination that has negatively impacted communities for centuries, "The State of Homeownership In America: A National Town Hall" will identify the current hurdles to homeownership and explore solutions for increasing homeownership in underrepresented communities. The live webinar will commence Tuesday, February 28, 2023 at 2:00 PM EST. Registration is free and open to the public at bit.ly/readytownhall.

Key Points: 
  • The virtual "State of Homeownership in America" Town Hall will convene stakeholders across the housing spectrum to explore solutions for closing America's homeownership gap.
  • The event is co-hosted by national television host Montel Williams, former White House Policy Advisor Ashley D. Bell and Dr. Bernice A.
  • "As a financial technology company committed to helping all families create generational wealth, we are very proud to present our first national town hall on homeownership," states Ready Life founder and CEO, Ashley D. Bell.
  • With its innovative Ready Pay fintech platform, Ready Life aims to help individuals begin building generational wealth early in life by purchasing their first home at least a decade sooner in life.

Gilbane Building Company reaches key milestones on two K-12 projects in Massachusetts

Retrieved on: 
Thursday, February 16, 2023

BOSTON, Feb. 16, 2023 /PRNewswire-PRWeb/ -- Gilbane Building Company recently reached important milestones on two K-12 projects in the Commonwealth as the firm celebrated the official topping off of the new Florence Roche Elementary School in Groton, MA and the ceremonial ribbon cutting of Annie E. Fales Elementary in Westborough, MA.

Key Points: 
  • BOSTON, Feb. 16, 2023 /PRNewswire-PRWeb/ -- Gilbane Building Company recently reached important milestones on two K-12 projects in the Commonwealth as the firm celebrated the official topping off of the new Florence Roche Elementary School in Groton, MA and the ceremonial ribbon cutting of Annie E. Fales Elementary in Westborough, MA.
  • However, on January 9th, local and state officials joined representatives from the Westborough School District, the Massachusetts School Building Authority (MSBA), The Vertex Companies, Gilbane Building Company, and HMFH Architects, to celebrate the official ribbon cutting ceremony and open house for the new 70,000-SF elementary school.
  • The first net-positive public school in Massachusetts, Fales Elementary School supports Westborough's goal to be carbon emissions free by 2035.
  • This allowed the approximately 2,500 pieces, or 700 tons, of structural steel frame to be erected ahead of the New England winter months.

Avelo Airlines Opens 5th Base in Raleigh-Durham

Retrieved on: 
Wednesday, February 15, 2023

RDU AIRPORT, N.C., Feb. 15, 2023 /PRNewswire/ -- Avelo Airlines opened its fifth base today at Raleigh-Durham International Airport (RDU). The new base enables Avelo to significantly expand the affordable, convenient and reliable air service the airline introduced to North Carolina's Research Triangle region last May.

Key Points: 
  • RDU AIRPORT, N.C., Feb. 15, 2023 /PRNewswire/ -- Avelo Airlines opened its fifth base today at Raleigh-Durham International Airport (RDU).
  • Avelo Airlines Chairman and CEO Andrew Levy said, "Since taking flight at RDU last May, we have been very encouraged by the positive response Avelo has received from Raleigh, Durham and the surrounding areas.
  • The opening of our fifth base at RDU marks an important milestone for Avelo and access for The Triangle Region to six new nonstop Florida routes.
  • With the debut of Avelo's new base, Avelo now serves seven nonstop destinations from RDU, including six new popular Florida routes.

Canada and Newfoundland and Labrador invest in climate action project in the Town of Stephenville

Retrieved on: 
Tuesday, February 14, 2023

The Government of Newfoundland and Labrador is also contributing up to $226,000, and the Town is contributing just under $181,000 toward the project.

Key Points: 
  • The Government of Newfoundland and Labrador is also contributing up to $226,000, and the Town is contributing just under $181,000 toward the project.
  • This project is a good example of the climate leadership that will be supported under the expanded Low Carbon Economy Fund.
  • This funding is part of an agreement between Canada and Newfoundland and Labrador under the Low Carbon Economy Leadership Fund.
  • The advanced and enhanced Low Carbon Economy Fund will support climate action by Indigenous peoples with a new $180-million Indigenous Leadership Fund.