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WHEELING, W.Va. , Dec. 11, 2024 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq: WSBC) and Premier Financial Corp. ("Premier") (Nasdaq: PFC) today announced that WesBanco's shareholders and Premier's shareholders have each voted overwhelmingly to adopt and approve, as applicable, all proposals relating to the previously announced merger agreement for WesBanco to acquire Premier. The votes were held at the respective special meetings of WesBanco's shareholders and Premier's shareholders today. Approximately 85% of the votes cast at WesBanco's special meeting voted to approve the merger and to approve the proposal to issue shares of WesBanco common stock as described in the joint proxy statement/prospectus for the special meeting, and approximately 68% of the outstanding shares of Premier common stock voted to approve the proposal to adopt the merger agreement. "Shareholder approval is a key milestone that reflects strong confidence in the opportunities this merger creates for our communities, customers, employees and shareholders," said Jeff Jackson , President and Chief Executive Officer of WesBanco. "With this step complete, we look forward to receiving the required regulatory approvals and then scheduling the closing of the merger, so we can bring our community commitment and the resources of a stronger organization to all of our communities." With the completion of this critical milestone, the companies believe the merger is on track to close during the first quarter of 2025. The transaction remains subject to the completion of customary closing conditions, including the receipt of required regulatory approvals. The merger will create a regional financial services institution with approximately $27 billion in assets, significant economies of scale, and strong pro forma profitability metrics. With complementary and contiguous geographic footprints, the combined company would be the 8th largest bank in Ohio , based on deposit market share, have increased presence in Indiana , and serve customers in nine states. About WesBanco, Inc. With over 150 years as a community-focused, regional financial services partner, WesBanco Inc. (NASDAQ: WSBC) and its subsidiaries build lasting prosperity through relationships and solutions that empower our customers for success in their financial journeys. Customers across our eight-state footprint choose WesBanco for the comprehensive range and personalized delivery of our retail and commercial banking solutions, as well as trust, brokerage, wealth management and insurance services, all designed to advance their financial goals. Through the strength of our teams, we leverage large bank capabilities and local focus to help make every community we serve a better place for people and businesses to thrive. Headquartered in Wheeling, West Virginia , WesBanco has $18.5 billion in total assets, with our Trust and Investment Services holding $6.1 billion of assets under management and securities account values (including annuities) of $1.9 billion through our broker/dealer, as of September 30, 2024 . Learn more at www.wesbanco.com and follow @WesBanco on Facebook, LinkedIn and Instagram. About Premier Financial Corp. Premier Financial Corp. (Nasdaq: PFC), headquartered in Defiance, Ohio , is the holding company for Premier Bank. Premier Bank, headquartered in Youngstown, Ohio , operates 73 branches and nine loan offices in Ohio , Michigan , Indiana and Pennsylvania and also serves clients through a team of wealth professionals dedicated to each community banking branch. For more information, visit Premier's website at www.PremierFinCorp.com . Matters set forth in this press release contain certain forward-looking statements, including certain plans, expectations, goals, and projections, and including statements about the benefits of the proposed Merger between WesBanco and Premier, that are subject to numerous assumptions, risks, and uncertainties. Forward-looking statements in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those contained or implied by such statements for a variety of factors including: the effects of changing regional and national economic conditions, changes in interest rates, spreads on earning assets and interest-bearing liabilities, and associated interest rate sensitivity; sources of liquidity available to WesBanco and its related subsidiary operations; potential future credit losses and the credit risk of commercial, real estate, and consumer loan customers and their borrowing activities; actions of the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, the Securities and Exchange Commission, the Financial Institution Regulatory Authority, the Municipal Securities Rulemaking Board, the Securities Investors Protection Corporation, and other regulatory bodies; potential legislative and federal and state regulatory actions and reform, including, without limitation, the impact of the implementation of the Dodd-Frank Act; adverse decisions of federal and state courts; fraud , scams and schemes of third parties; cyber-security breaches; competitive conditions in the financial services industry; rapidly changing technology affecting financial services; marketability of debt instruments and corresponding impact on fair value adjustments; and/or other external developments materially impacting WesBanco's operational and financial performance, the businesses of the WesBanco and Premier may not be integrated successfully or such integration may take longer to accomplish than expected; the expected cost savings and any revenue synergies from the proposed Merger may not be fully realized within the expected timeframes; disruption from the proposed Merger may make it more difficult to maintain relationships with clients, associates, or suppliers; the required governmental approvals of the proposed Merger may not be obtained on the expected terms and schedule; changes in economic conditions; movements in interest rates; competitive pressures on product pricing and services; success and timing of other business strategies; the nature, extent, and timing of governmental actions and reforms; and extended disruption of vital infrastructure; and other factors described in WesBanco's 2023 Annual Report on Form 10-K, Premier's 2023 Annual Report on Form 10-K, and documents subsequently filed by WesBanco and Premier with the SEC. All forward-looking statements included in this press release are based on information available at the time of the release. Neither WesBanco nor Premier assumes any obligation to update any forward-looking statement. View original content to download multimedia: https://www.prnewswire.com/news-releases/wesbanco-inc-and-premier-financial-corp-announce-shareholder-approvals-of-merger-agreement-302329433.html SOURCE WesBanco, Inc.
Dallas Cowboys crash to losing record: what went wrong in a disastrous season?"WesBanco, Inc. and Premier Financial Corp. Announce Shareholder Approvals of Merger Agreement
Outlook Wealth Advisors LLC Has $785,000 Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)If you've ever been grocery shopping, then you likely know what goes into making sure that you're buying the freshest products. Like the often unspoken , eggs, or bread — there truly is a method to the madness... right? You keep the shelf life in mind and double check to make sure the milk you just purchased doesn't spoil getting from the register to the car. As a veteran of shopping, I've learned a few tricks of the trade. Here's a simple and often overlooked trick that can help you avoid purchasing imminently spoiled food: reach past the items in the front and aim for the ones nestled in the back. By reaching towards the back, you increase your chances of finding perishables with a later expiration date; giving you extra days of freshness. This easy trick can make a big difference in how long your groceries last, and reducing food waste. (Your food waste, anyway, since any products that go bad in the store do get thrown out.) Why grabbing from the back helps extend freshness Your local supermarket most likely uses a stock rotation method known as "first in, first out" to sort and manage their inventory. Through this method, items stocked first are moved to the front. This set-up incentivizes customers to buy them before they expire. This is particularly common for perishable goods like dairy, meat, and fresh produce, which have shorter shelf lives and need to be sold quickly. So now you have the inside track on why grabbing items at the very back of the shelf serves you well when you're trying to maximize freshness. Generally speaking, the further back you go, the later the expiration date. For perishables like milk or eggs, this can mean the difference of several days, giving you a at home. Using this simple tip every time you shop can help you avoid unexpected spoilage and ensure you get the most bang for your buck. RecommendedRape allegation against Jay-Z will not affect NFL relationship, says chief
SANTA CLARA, Calif. (AP) — San Francisco 49ers quarterback Brock Purdy will miss Sunday's game against the Green Bay Packers with a sore throwing shoulder. Purdy injured his right shoulder in last Sunday's loss to the Seattle Seahawks . Purdy underwent an MRI that showed no structural damage but the shoulder didn't improve during the week and Purdy was ruled out for the game. Coach Kyle Shanahan said star defensive end Nick Bosa also will miss the game with injuries to his left hip and oblique. Left tackle Trent Williams is questionable with an ankle injury and will be a game-time decision. This will be the first time Purdy has missed a start because of an injury since taking over as the 49ers’ quarterback in December 2022. Brandon Allen will start in his place. The Niners (5-5) are currently in a three-way tie for second in the NFC West, a game behind first-place Arizona, and have little margin for error if they want to get back to the playoffs after making it to the Super Bowl last season. Purdy has completed 66% of his passes this season for 2,613 yards, 13 TDs, eight interceptions and a 95.9 passer rating that is down significantly from his league-leading mark of 113 in 2023. Allen has been mostly a backup since being drafted by Jacksonville in 2016. Allen last started a game in Week 18 of the 2021 season for Cincinnati and has thrown just three passes the last three seasons — including none since joining San Francisco in 2023. Joshua Dobbs will be the backup on Sunday. AP NFL: https://apnews.com/hub/NFL
As it continues to tout a ‘Team Canada’ approach, the federal government is downplaying differing opinions from premiers on how Canada should respond to a potential 25 per cent tariff from U.S. president-elect Donald Trump. “One should be careful not to confuse the odd public comment, with what is a clear desire to work together with the Government of Canada,” Public Safety Minister Dominic LeBlanc told reporters on Friday in Saint John, N.B. “This is an important moment for the whole country, and I don't think Canadians would be very forgiving if their politicians weren't trying to work on the national interest together.” LeBlanc’s remarks come one day after some provinces pushed back against Ontario Premier Doug Ford’s threat to cut off his province’s energy supply to the U.S. if Trump follows through on his tariff warning. Trump has said he will impose tariffs on Canada and Mexico unless both countries address the flow of illegal migrants and illegal drugs at the border. On Wednesday, following a premiers’ meeting with Prime Minister Justin Trudeau, Ford said Ontario “will go to the extent of cutting off their energy, going down to Michigan, going down to New York state and over to Wisconsin” to retaliate. According to Ford, Ontario sends energy – mostly electricity – to power 1.5 million homes in Michigan, New York and Minnesota. But the following day , Alberta Premier Danielle Smith, Quebec Premier Francois Legault and Newfoundland and Labrador Premier Andrew Furey pushed back against cutting off energy to the U.S. as a retaliatory measure. "Let me be clear, from the Alberta perspective, under no circumstances will Alberta agree to cut off oil and gas exports," Smith told reporters on Thursday. Meanwhile, in a separate press conference, Legault said “I won't threaten Donald not to send electricity," while Furey said his province has “no interest in stopping the flow of oil and gas." Asked about the public disagreement on Friday, Ford stood by his position and said he “was speaking very clearly for Ontario, and I still speak for Ontario. I don’t speak for the rest of the country.” Ford also said he spoke to Michigan Governor Gretchen Whitmer and New York Governor Kathy Hochul on Thursday, saying “they fully understood where I was coming from.” “My comment to the two governors yesterday, we want to sell you more energy. We want to make sure that we sign this deal,” Ford said. And when it comes to avoiding Trump’s tariffs, Ford said all premiers are united in their belief that securing the Canada-U.S. border and boosting defence spending are the two ways to “make a deal with the U.S.” “It was very clear that all premiers believe we should hit our two per cent when it comes to NATO. So, we're all in agreement,” Ford said Friday. “Every one of us are in agreement that we have to tighten up the borders.” The federal government is working on a border plan , which is expected to be unveiled in the coming days. Freeland 'confident' Canadian response to tariffs would be 'effective' Speaking to reporters on Friday, Deputy Prime Minister and Finance Minister Chrystia Freeland, who is leading the cabinet committee on Canada-U.S. relations, said she is “confident” that Canada’s response to potential tariffs would be “effective.” “The Prime Minister has been clear that in the event that the United States were to impose unjustified tariffs on Canada, of course we would respond,” Freeland said, adding “the Canadian response would necessarily be robust.” In her argument, Freeland pointed to Canada’s previous experience with tariffs during Trump’s first term in office, which she said, “led to a great outcome.” In 2018, Trump triggered a nearly yearlong trade war imposing a 25 per cent tariff on Canadian steel products and 10 per cent on Canadian aluminum. In response, Canada unveiled a 25 per cent counter tariff on a long list of American steel and aluminum products, along with a 10 per cent surtax on miscellaneous U.S. goods including coffee, prepared meals and maple syrup. Those retaliatory tariffs were eventually lifted in 2019 after Canada, the U.S. and Mexico reached a deal. The federal government says it is currently working on a list of potential retaliatory measures. Freeland – who just spoke with Ford, Saskatchewan Premier Scott Moe and British Columbia Premier David Eby – also said provinces “are an essential part of what needs to be a team Canada effort.” “For a Canadian response to be strong and effective, Canada needs to be united, and that's why we need to have good ongoing conversations with the premiers of provinces and territories,” Freeland said. “The ultimate response we come up with needs to be one that all of our country stands behind.” MORE POLITICS NEWS Federal government says 'not to confuse' premiers' differing opinions on Trump tariff retaliation, 'confident' in Canada's response Labour minister unveils steps to end Canada Post strike Canadian officials eyed 'new opportunities' no matter who won U.S. election: memos 'They believe in diplomacy, good luck': Doug Ford doubles down on energy threat as some premiers distance themselves Alberta premier says federal border plan coming Monday Ottawa has sold its stake in Air Canada: sources Premiers disagree on cutting energy to U.S. in response to Trump's tariff threat Housing unaffordability still rising despite billions in government measures: PBO IN DEPTH Jagmeet Singh pulls NDP out of deal with Trudeau Liberals, takes aim at Poilievre Conservatives NDP Leader Jagmeet Singh has pulled his party out of the supply-and-confidence agreement that had been helping keep Prime Minister Justin Trudeau's minority Liberals in power. 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Edmonton Labour minister unveils steps to end Canada Post strike Canada Post workers began their strike four weeks ago, halting mail and package deliveries across the country. Labour Minister Steven MacKinnon said he hopes work will resume as early as next week. Section of QEII highway northbound closed because of 'serious' crash: RCMP The QEII is closed northbound near Lacombe because of a serious crash as of 10:50 a.m. on Friday, RCMP say. Lights, shows, action: Here's what's happening in Edmonton this weekend Here are the events happening in and around Edmonton this weekend. Atlantic NEW | 'It changed the City of Moncton': Murdered police officers remembered 50 years later Dozens gathered at a police memorial in Moncton, N.B., Friday morning to remember and honour Const. Michael O’Leary and Cpl. Aurèle Bourgeois on the 50th anniversary of their tragic deaths. Man charged with manslaughter in death of missing Cape Breton man A man has been charged with manslaughter in connection with the disappearance and homicide of a man in Cape Breton this past summer. Mike Savage to be sworn in as Nova Scotia’s next lieutenant-governor Former Halifax mayor Mike Savage will be sworn in as Nova Scotia’s next lieutenant-governor on Friday. Winnipeg Labour minister unveils steps to end Canada Post strike Canada Post workers began their strike four weeks ago, halting mail and package deliveries across the country. Labour Minister Steven MacKinnon said he hopes work will resume as early as next week. ‘My mom was iconic’: Saying goodbye to a Winnipeg restaurant owner with a legacy of kindness Shirley Eng, the charismatic, down-to-earth owner of the famous chicken finger restaurant Mitzi’s, unexpectedly passed away at the beginning of December at age 78, according to her family. Winnipeg to see above seasonal temperatures this weekend after extreme cold snap Manitoba and northwestern Ontario felt some relief Friday after an extreme cold snap swept through the area. Regina Grand opening held for Regina's integrated youth services hub A grand opening for a new youth services community hub was held in Regina on Friday. Regina police stats show year-over-year increase in crimes involving people, property A Regina police report shows that both crimes against people and property have seen a year-over-year increase when comparing this November to last. Assiniboia rolls out red carpet for SJHL's Weyburn Red Wings after rink closure The Weyburn Red Wings are carrying on with their Saskatchewan Junior Hockey League (SJHL) season, despite their hometown rink being temporarily shuttered, thanks to the generosity of those in Assiniboia, Sask. Kitchener Guelph man arrested for attempted murder A Guelph man is facing an attempted murder charge after a disturbance Thursday morning. Waterloo crash sends cyclist to hospital with serious injuries A cyclist has been sent to hospital after he was hit by a driver in Waterloo on Friday morning. This little piggy went to the Humane Society The Kitchener Waterloo and Stratford Perth Humane Society has an unusual animal up for adoption after it was found wandering the streets. Saskatoon 'Gong show': Emergency patients overflow into ambulatory unit at St. Paul's Hospital The emergency department at St. Paul's Hospital is so full its turning to the ambulatory unit. Saskatoon man faces child porn charges A 28-year-old Saskatoon man has been charged with child exploitation offences following an online investigation by the Saskatchewan ICE unit. 'Not even our project': Saskatoon city spends more than $5 million on homelessness with no provincial commitment Saskatoon City Council held a special meeting Thursday morning to address homelessness years into the future, but frustration grew throughout the meeting as the province was absent from the conversation. Northern Ontario Northern Ont. bank employee taken to hospital with serious injuries after shooting An employee at Northern Credit Union in Wawa, Ont., was taken to hospital with serious injuries after a shooter entered the branch and opened fire Thursday morning, the financial institution said in a statement. Teen facing child porn charges after sending ex-boyfriend's photos to his parents A teenager in Guelph is facing child pornography charges after sending nude photos of her ex-boyfriend to his parents. Elliot Lake fire crews continue to battle massive apartment fire Fire crews continue to battle an apartment building fire on Hirshhorn Avenue in Elliot Lake. Damage is extensive. London Stevenson disagrees with Integrity Commissioner ruling she bullied Deputy City Manager and deserves financial punishment Councillor Susan Stevenson is speaking out against the findings of the latest Integrity Commissioner investigation into her conduct and social media posts about homelessness. Brother charged in St. Thomas homicide The St. Thomas Police Service has deemed a suspicious death a homicide. Labour minister unveils steps to end Canada Post strike Canada Post workers began their strike four weeks ago, halting mail and package deliveries across the country. Labour Minister Steven MacKinnon said he hopes work will resume as early as next week. Barrie Driver sentenced to jail time in 2019 dangerous driving causing bodily harm case An Aurora man convicted of dangerous driving causing bodily harm for a crash that sent a woman to hospital where she later died was sentenced Friday in a Newmarket courtroom. What police want you to know about a new sophisticated scam It’s no longer just phone calls or emails — fraudsters could now show up at your front door. Pop-punk music festival to return to Burl's Creek event grounds 'All Your Friends Fest' will return to Burl’s Creek event grounds in Oro-Medonte in June. Windsor CUPW Local 630 leader 'disappointed' by government’s plan amid strike Windsor-Essex union leaders for Canada Post workers aren’t happy with the latest plans from Canada’s labour minister about the ongoing strike. UWindsor among top 20 in Canada for sustainability leadership The University of Windsor has been ranked in the top 20 among Canadian universities in sustainability leadership, according to the 2024 QS World University Rankings. 21st annual Cans for a Cause returns The 21st annual Cans for a Cause has returned Friday, taking place at Devonshire Mall. Vancouver Island BREAKING | B.C. Greens to support NDP on confidence votes, work together on shared priorities The B.C. New Democratic and Green parties have reached an "agreement in principle" on a "co-operation and responsible government accord" that will see the smaller party support the government on confidence matters. Nanaimo liquor store robbed at knifepoint, RCMP seek suspect Nanaimo RCMP have released a photograph of a suspect who allegedly robbed a liquor store in the city in an effort to garner new information from the public. B.C. girl inspired by Hollywood star to donate turkeys to local families in need When Maria-Clara Patrick first watched that video of Arnold Schwarzenegger, she assumed they had nothing in common. Kelowna Study of 2023 Okanagan wildfires recommends limiting development in high-risk areas A study into the devastating wildfires that struck British Columbia's Okanagan region in 2023 has recommended that government and industry limit development in high-fire-risk areas. Kelowna, B.C., to host the Memorial Cup in the spring of 2026 The Western Hockey League's Kelowna Rockets will host the Memorial Cup in the spring of 2026, the Canadian Hockey League said Wednesday. 545 vehicles impounded in 332 days: BC Highway Patrol pleads for drivers to slow down Mounties with the BC Highway Patrol in Kelowna say they've impounded more than 545 vehicles for excessive speed and aggressive driving so far this year. That works out to more than 1.6 per day. Lethbridge Lethbridge man wins lottery for a third time A Lethbridge man won big earlier this year, but now he's won even more. Eight people facing charges after crackdown on fentanyl dealers in Lethbridge Eight people are facing charges after a drug bust in Lethbridge targeting fentanyl dealers in the downtown core. Lethbridge Fire and EMS offering safety reminders ahead of holiday season As the holidays quickly approach, Lethbridge Fire and Emergency Services (LFES) is putting out a reminder to celebrate safely this year. Sault Ste. Marie Elliot Lake fire crews continue to battle massive apartment fire Fire crews continue to battle an apartment building fire on Hirshhorn Avenue in Elliot Lake. Damage is extensive. First group of internationally trained family doctors already making a difference in northern Ontario With doctor shortages across the country, Ontario is tapping into the availability of internationally trained family physicians to solve part of the health care crisis. Northern Ont. bank employee taken to hospital with serious injuries after shooting An employee at Northern Credit Union in Wawa, Ont., was taken to hospital with serious injuries after a shooter entered the branch and opened fire Thursday morning, the financial institution said in a statement. N.L. 'Breaking of gridlock' between Quebec, N.L. is the envy of former premiers Former Newfoundland and Labrador premiers say a draft energy agreement signed Thursday with Quebec marks a historic break in a long-standing political standoff. Quebec, Newfoundland and Labrador announce energy deal worth billions Quebec and Newfoundland and Labrador have signed a sweeping new deal to build new energy projects and throw out a decades-old contract that has long been a source of strife and bitterness for Canada's easternmost province. Quebec and Newfoundland and Labrador expected to sign Churchill Falls energy deal Quebec Premier François Legault and Newfoundland and Labrador Premier Andrew Furey are scheduled to announce an energy agreement Thursday that could end decades of friction between the two provinces. Stay Connected
Virginia played a recurring role in President Jimmy Carter's long life , from his Navy stint in Norfolk in the 1940s when the young ensign sought to save money for a Buick, to a 1976 presidential debate at the College of William & Mary, and a 2019 Loudoun County stop in which he questioned the legitimacy of President Donald Trump's election. Carter, who died Sunday at 100, came out of nowhere to win the presidency in 1976, largely on his strength in the South, but Virginia was the exception — the one Southern state he did not carry. Forty years later, Virginia again was an outlier as the only Southern state that Trump did not carry in 2016. Carter took part in Virginia's first foray in the modern era of televised presidential debates. On Oct. 22, 1976, he faced off with President Gerald Ford at William & Mary’s Phi Beta Kappa Hall . The debate, moderated by ABC’s Barbara Walters, came 10 days before the election and drew an estimated 62 million viewers. Virginia reacts to death of former President Carter In April 1979, Carter became the first president to address Virginia Democrats' Jefferson Jackson fundraiser, touting his energy plan during an appearance at the Hotel John Marshall in Richmond. The 39th president was a frequent speaker at Virginia colleges and universities after he left office in 1981. Carter, who taught at Emory University in Atlanta following his presidency, kicked off a 1987 talk with students at the University of Virginia by referring to Thomas Jefferson: "When he left the White House (he) had better judgment than to become a professor at a college." Carter spoke fondly of his family's roots in Virginia. One of his ancestors, Thomas Carter, came to Virginia from England in 1635. Jimmy and Rosalynn Carter — who died in November 2023 at 96 — married in July 1946. The Carters spent the first two years of their married life in Norfolk as Carter embarked on his Navy career, serving as an ensign on the USS Wyoming. Jimmy Carter and President Gerald Ford participate in a debate at the College of William & Mary in 1976. TIMES-DISPATCH During a campaign stop in Norfolk in September 1976, Carter said he and his wife moved to Norfolk four days after they were married in July 1946. Their first son, Jack — now 77 — was born at the Naval Medical Center in Portsmouth in July 1947. In November 1976, weeks after Carter was elected president, Richmond Times-Dispatch reporter Wilford Kale interviewed three Norfolk residents who had known the Carters in the 1940s. The Carters lived in the Bolling Square Apartments on Buckingham Avenue and were saving their money to buy a Buick. Their one-bedroom apartment rented for about $100 a month. Kale noted that in Carter's book "Why Not the Best?" the future president wrote that when he served on the Wyoming, he was paid $300 per month. Beyond the rent, he paid $54 for his food aboard the ship and $75 for a war bond, leaving $71. Donald Cottingham served as a junior officer with Carter on the Wyoming, a former battleship that had been converted as an experimental vessel on which the Navy tested prototypes of electronics, gunnery and other equipment. Cottingham said the ship was known as the "Chesapeake Bay Raider" because it headed out into the bay on a Monday and would return on a Friday. Cottingham said he and his wife, Christine, socialized with the Carters and other young couples during those postwar days. Christine Cottingham showed the reporter a small green autograph book that she used as a guest book at parties. One of the pages was marked "Mrs. and Mr. J.E. Carter Jr. Plains Ga. 5-12-48." Christine Cottingham said the Carters were not along one night when the young couples went to a familiar haunt at the Officers' Club, which they dubbed the "Wyoming Room." "We were having a ball, but the Carters were not with us. So, we decided to send them a collect telegram, saying that we would all be over soon to have a drink with them," she recalled. "It was about midnight, and we were all happy and having a good time," she said. "Well, we really didn't get over there until later and when we arrived" around 2 a.m., "our telegram was plastered on the front door (of the apartment complex) and written on it was: 'Go home. You are not welcome!' " The Carters left Norfolk in 1948, when he was accepted for submarine duty. "We weren't thinking of Jimmy or anyone else becoming president," Donald Cottingham recalled. "As ensigns, what we were thinking about was becoming lieutenant." When Carter’s father, James Earl Carter Sr., died in 1953, he was released from the Navy and returned to Plains, Georgia, where he took over the family’s peanut farming business. Carter served on the local board of education, in the Georgia state Senate from 1963 to 1967 and as Georgia’s governor from 1971 to 1975. As he contemplated a bid for national office, Carter came to Virginia and campaigned for Henry Howell's bid for governor in November 1973. During his 1976 presidential run, Carter made multiple campaign stops in Virginia, including to Alexandria and to Roanoke. He also made news when his campaign sent a mistaken missive to Lt. Gov. John Dalton, a Republican, thanking him for his supposed endorsement. Dalton, a future Virginia governor, wrote back: "The letter was obviously misdirected, as is your position favoring repeal of Virginians' right-to-work law and your running on a platform that is liberal, anti-defense, pro-busing and expensive." One of the notable aspects of Carter's 1976 campaign was that he spoke openly about his "born again" Christianity. In a June 1976 Richmond Times-Dispatch story about Carter's faith, Dwight C. Jones, then pastor of First Baptist Church in South Richmond and a future state delegate and Richmond mayor, said: "I think it's going to have an effect on the religious community. It's been a long time since we've heard a political candidate come out with that kind of explicit religious tone." Jones said Carter "has hit a major chord by campaigning in Black churches." But Jones added that he hoped Black people would "require an affirmation" from Carter on his stands that affect them "before we would run en masse to him." William & Mary government professor John McGlennon said Carter's debate in Williamsburg "came at a critical time in the 1976 campaign" as he worked to contrast himself with President Richard Nixon and Vice President Gerald Ford. "Carter carried his own luggage into the Williamsburg Lodge, where he and his staff prepared for the debate. The campus and community were buzzing with excitement about the attention coming with the debate, even if the student body was distinctly Republican, overwhelmingly favoring President Gerald Ford in a campus survey," McGlennon said in a statement on Sunday. In the 1976 post-Watergate presidential election, Carter won nationally, but narrowly lost Virginia to Ford by about 23,000 votes out of 1.7 million cast. (No Democrat would carry Virginia for president until Barack Obama in 2008.) U.S. Sen. Mark Warner, D-Va., worked with Carter as a young law school graduate. “Jimmy Carter gave me my first job out of law school, and I have deeply admired his service since leaving the Oval Office," Warner said in a statement on Sunday. "His dedication to building homes through Habitat for Humanity has always brought back warm memories of my father, who also volunteered with the organization well into his eighties. Like much of the Greatest Generation, President Carter will be remembered by what he built and left behind for us — a model of service late into life, a tireless devotion to family and philanthropy, and a more peaceful world to call home.” During his presidency, Carter made appearances in Virginia related to politics, policy and recreation. Democratic presidential candidate Jimmy Carter, campaigns ib Oct. 23, 1976, in the Old Town section of Alexandria. ASSOCIATED PRESS For example, in September 1977, he campaigned in Roanoke, Norfolk and Williamsburg with Howell, who was making his third and final unsuccessful bid for governor. In April 1979, Carter attended the Democratic fundraiser at the Hotel John Marshall. The former Navy man made multiple trips to Hampton Roads, including a Memorial Day trip to Norfolk in May 1980, where he spoke aboard the USS Nimitz and welcomed home the Indian Ocean Battle Group after a lengthy deployment. As for recreation, Carter went fishing off Virginia Beach twice as president and once at Camp Hoover, a camp in Shenandoah National Park. During his 1980 reelection bid, Carter was beset by troubles — from the Iranian hostage crisis, including a failed rescue mission — to rising inflation and a nomination challenge from Sen. Ted Kennedy, D-Mass. That March, Rosalynn Carter addressed Virginia Democrats' annual fundraising dinner at the Hotel John Marshall. She shook hands with a Goochland County Democrat who wore a lapel button that read: "Still for Carter, Despite Everything." Then-state Sen. Doug Wilder, D-Richmond, endorsed Carter for reelection, though he said Carter’s domestic performance was "dismal." President Jimmy Carter and first lady Rosalynn Carter wave to reporters as they walk to a car that took them to visit Camp Hoover in the Virginia mountains on Oct. 25, 1978. The Carters flew by helicopter to the late President Herbert Hoover's fishing camp 100 miles west of Washington, D.C., to spend a short time there. Charles Tasnadi, Associated Press Late in the campaign, Carter made two trips to the Virginia suburbs. He signed a $48 billion education appropriations bill at the Loudoun County campus of Northern Virginia Community College . Then, he signed a $796 million mental health package at the Northern Virginia Mental Health Institute in Fairfax County. In the 1980 election, Republican Ronald Reagan swamped Carter in Virginia by more than 135,000 votes — nearly 13 percentage points — as part of his national landslide. Wilder, the nation’s first Black governor, met with Carter in Virginia while he was president and in Georgia after he left the White House. In a telephone interview on Sunday, Wilder credited Carter as "the first American president I knew of who spent significant time on the need to invest in Africa" and establish independent nations there. "I was always impressed with his straightforward acumen," he said. Similarly, Wilder commended Carter, "a man of the South," for his appointment of Black people as judges and other high-ranking positions, such as Andrew Young, a former civil rights activist and congressman, as American ambassador to the United Nations in 1977, the first African American elevated to the position. "You pick a Black man to bring nations together, a Black man of the South, that was bold," the former governor said. Wilder said he was always impressed with Carter's intelligence and professional accomplishments, which he often hid beneath his image as a humble peanut farmer. Wilder "I feel that history will accord and afford him his rightful place in the pantheon of great world leaders," he said. Following his presidency, Carter tapped Virginia scholar Steven H. Hochman , who had helped research Dumas Malone's multi-volume biography of Thomas Jefferson, to help research his presidential memoir. In 1984, Carter delivered a lecture at Roanoke College, where he said the U.S. should work to reduce nuclear arsenals and to safeguard human rights. In July 2015, Carter visited the Costco on West Broad Street in Henrico County to sign copies of his book "A Full Life: Reflections at 90." During that stop, he had a reunion with former shipmate John Kaufman, 92, of Earlysville, after 68 years. Carter was 94 and his vice president, Walter Mondale, 91, when they appeared together in Loudoun County in 2019 for a donor retreat and auction at the Lansdowne Resort and Spa. Carter caused a stir in the Loudoun County appearance, when he suggested that Trump was an illegitimate president. "There's no doubt that the Russians did interfere in the election and I think the interference — although not yet quantified — if fully investigated would show that Trump didn't actually win the election in 2016," Carter told interviewer Jon Meacham at the time. "He lost the election, and he was put into office because the Russians interfered on his behalf." Trump, traveling in Japan, told reporters that Carter was a nice man, but "a terrible president." Trump posted on social media on Sunday: " The challenges Jimmy faced as President came at a pivotal time for our country and he did everything in his power to improve the lives of all Americans. For that, we all owe him a debt of gratitude." President Jimmy Carter addresses the crew of the aircraft carrier USS Nimitz off the Virginia coast on May 26, 1980, upon its return from nine months in the Persian Gulf. The president said, “Your presence has been the major factor in protecting the lives of the 53 hostages still held.” Bob Daugherty, Associated Press In a 2015 interview with The Times-Dispatch, ahead of his book signing at the Henrico Costco, Carter said he wished he had done a few things differently. "I'm sorry I didn't send another helicopter to rescue the hostages in Iran, and I'm sorry that I didn't get a second term," Carter said. But the nation’s 39th president said he had few regrets. "I've had some regrets," he said, "but most of the time I have been overwhelmingly grateful and gratified at the way things have worked out in my personal and political life." Jimmy Carter and President Gerald Ford participate in a debate at the College of William & Mary in 1976. TIMES-DISPATCH Carter in Virginia, April 8, 1979 Masaaki Okada 09-25-1977 Jimmy Carter visits Virginia. Bob Jones 04-08-1979 Jimmy Carter in Virginia. Masaaki Okada 04-08-1978 Carter in Virginia Richmond Times-Dispatch In late October and early November 1973, Georgia Gov. Jimmy Carter (left) visited Virginia to campaign for Henry Howell. BOB BROWN Democratic presidential candidate Jimmy Carter, campaigns Oct. 23, 1976, in the old town section of Alexandria, Va., a Washington suburb. (AP Photo) Anonymous President Jimmy Carter shows off his catch after an excursion on the yacht Gannet in Virginia Beach, Va., on June 29, 1978. The Carters were hosted by Norfolk attorney Peter Decker, who owns the vessel. Carter’s wife Rosalyn and daughter are behind and at his side. (AP Photo/Barry Thumma) Barry Thumma President Jimmy Carter holds up two of the fish he caught off Virginia Beach, May 14, 1979. At left is Norfolk attorney Peter Decker who hosted the president. (AP Photo/Bob Daugherty) Bob Daugherty FILE - President Jimmy Carter attends memorial services for eight servicemen killed in the unsuccessful attempt to rescue the American hostages from Iran, May 9, 1980, at Arlington National Cemetery in Arlington, Va. (AP Photo/Dennis Cook, File) Dennis Cook FILE - Jimmy Carter, left, and Gerald Ford, right, shake hands before the third presidential debate, Oct. 22, 1976, in Williamsburg, Va. (AP Photo/File) STF President Jimmy Carter addresses the crew of the aircraft carrier USS Nimitz off the Virginia coast on May 26, 1980, upon its return from nine months in the Persian Gulf. The president said, “Your presence has been the major factor in protecting the lives of the 53 hostages still held.” Bob Daugherty, Associated Press President Jimmy Carter and first lady Rosalynn Carter wave to reporters as they walk to a car that took them to visit Camp Hoover in the Virginia mountains on Oct. 25, 1978. The Carters flew by helicopter to the late President Herbert Hoover's fishing camp 100 miles west of Washington, D.C., to spend a short time there. Charles Tasnadi, Associated Press President Jimmy Carter lays a wreath at the Tomb of the Unknown Soldier in Arlington National Cemetery, Nov. 11, 1978 to commemorate Veterans Day. Carter was slated to speak after the wreath-laying at the cemetery across the Potomac River from Washington. Soldiers assisting Carter are unidentified. (AP Photo/Ira Schwarz) Ira Schwarz Jimmy Carter, Democratic Presidential nominee, stands under the spot light during his audio check at the Beta Kappa Theater, Oct. 22, 1976, Williamsburg, Va., prior to his debate with President Gerald Ford. (AP Photo) Anonymous Jimmy Carter, Democratic Presidential nominee, stands under the spot light during his audio check at the Beta Kappa Theater, Oct. 22, 1976, Williamsburg, Va., prior to his debate with President Gerald Ford. (AP Photo) Anonymous 04-08-1979: President Carter, with Richmond Mayor Henry L. Marsh III, approaches the Hotel John Marshall. Don Long 09-06-1976 Jimmy Carter in Va. Richmond Times-Dispatch 04-07-1979: President Carter greets State Sen. Adelard Brault (left) upon his arrival in Richmond, while Lt. Governor Chuck Robb (right) son-in-law of the late President Lyndon Johnson peers over his shoulder. Also on hand are (center) Richmond Mayor Henry Marsh III and his wife. President Carter is making a brief visit to Richmond to attend a democratic fundraiser. amk/BennettGirls basketball season preview: It’s a year for growth in the Metro LeagueRegency Affiliates, Inc. ( OTCMKTS:RAFI – Get Free Report ) declared a quarterly dividend on Thursday, December 19th, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.078 per share on Tuesday, January 7th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 6.67%. The ex-dividend date of this dividend is Tuesday, December 31st. Regency Affiliates Price Performance OTCMKTS:RAFI opened at $4.68 on Friday. Regency Affiliates has a 52-week low of $4.10 and a 52-week high of $5.25. The stock’s 50-day simple moving average is $4.56 and its 200 day simple moving average is $4.59. Regency Affiliates Company Profile ( Get Free Report ) Featured Articles Receive News & Ratings for Regency Affiliates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regency Affiliates and related companies with MarketBeat.com's FREE daily email newsletter .
Trump taps Charles Kushner, father of his son-in-law, as envoy to FranceWhen electric power was a novel idea and just beginning to be adopted in urban centers, the industry had a Wild West feel to it as multiple companies strung wires, opened power plants, and sold electricity on an unregulated market. S who were entrusted with providing reliable power and sufficient reserve for peak periods in return for being guaranteed a profit on rates proposed by the utilities but approved or set by newly established state public utility commissions (PUCs). These commissions were charged with ensuring public utilities served the general public universally within their territory, providing reliable service at reasonable rates. . Politicians began to supplant engineers to decide, based on self-interested calculations, what types of power should be favored and disfavored, and what types of appliances and modes of transportation Americans could use. Under the banner of combatting global warming, utilities were at first encouraged and then coerced into adopting plans and policies aimed at achieving net zero emissions of carbon dioxide. . Initially, as states began to push renewable energy mandates, utilities fought back, arguing that prematurely closing reliable power plants, primarily coal-fueled, would increase energy costs, compromise grid reliability, and leave them with millions of dollars in stranded assets. Politicians addressed those concerns with subsidies and tax credits for renewable power. In addition, they passed on the costs of the expanded grid to ratepayers and taxpayers. Effectively, elected officials and the PUCs, with a wink and a nod, indemnified utilities for power supply failures, allowing utilities to claim that aging grid infrastructure and climate change were to blame for failures rather than the increased percentage of intermittent power added to the grid at their direction. which has resulted in the construction of ever more and bigger wind, solar, and battery facilities. The costlier, the more profitable – regardless of their compromised ability to provide reliable power or the cost impact on residential, commercial, and industrial ratepayers. A from The Heartland Institute demonstrates the significant financial incentives from government and financiers for utilities to turn away from affordable energy sources like natural gas and coal, and even nuclear, and instead aggressively pursue wind and solar in particular. All of this is done in the name of pursuing net zero emissions, which every single major utility company in the country boasts about on their corporate reports and websites. Reliability and affordability come secondary to the decarbonization agenda. Dominion Energy is a good example, as they are one of the most aggressive movers on climate-focused policy. During one interview with a energy podcast, he said: “ . We’re trying to address a climate crisis, and we are going to need to move quickly to do that.” In the same interview, he expressed enthusiasm about federal policy that would achieve a government-directed transition. And why wouldn’t he? Dominion, like most utilities, is granted government tax credits and guarantees on returns for investing in large, expensive projects like offshore wind, the most expensive source of electric power. The bigger the project, the bigger the profit with guaranteed returns. Net zero policies are not the environmental panacea that climate change activists proclaim. Industrial-scale wind and solar use substantially more land than conventional energy resources, disrupting ecosystems and destroying wildlife habitats in the process. And despite recent technological advances, wind and solar are still not dispatchable resources, meaning they cannot provide consistent power at all times needed. Refuting claims made by environmentalists and utilities that wind and solar are the cheapest sources of electric power, costs have risen steeply as the use of wind and solar has increased. Customers of Duke Energy in for example, are paying 78% higher rates in the wake of coal-fired plant closings. Politicians and utilities are pushing for even more electrification for appliances and vehicles despite the fact that Federal Energy Regulatory Commission have repeatedly warned in recent years that adding more demand for electric power while replacing reliable power sources with intermittent renewables is destabilizing the power system. – and the government officials who are supposed to keep them in check are only encouraging them. It doesn’t need to be this way. The U.S. grid was not always this way. Only in recent years, with the obsessive pursuit of net zero, have rolling black and brownouts become so common. Today, utility companies are sending lobbyists to conservative policymakers in order to convince them that the utilities have our best interests in mind. Their track record tells another story. Meanwhile, Americans have less reliable electricity at higher costs. By Zerohedge.comMeridian Investment Counsel Inc. reduced its holdings in shares of Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 5.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,312 shares of the information services provider’s stock after selling 255 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in Alphabet were worth $715,000 at the end of the most recent reporting period. A number of other hedge funds have also recently made changes to their positions in the business. Ipswich Investment Management Co. Inc. grew its holdings in shares of Alphabet by 0.3% during the third quarter. Ipswich Investment Management Co. Inc. now owns 60,794 shares of the information services provider’s stock valued at $10,083,000 after buying an additional 165 shares during the last quarter. Nicollet Investment Management Inc. grew its holdings in shares of Alphabet by 2.9% during the third quarter. Nicollet Investment Management Inc. now owns 49,800 shares of the information services provider’s stock valued at $8,259,000 after buying an additional 1,415 shares during the last quarter. Mizuho Markets Cayman LP grew its holdings in shares of Alphabet by 22.7% during the third quarter. Mizuho Markets Cayman LP now owns 36,529 shares of the information services provider’s stock valued at $6,058,000 after buying an additional 6,759 shares during the last quarter. Miramar Capital LLC grew its holdings in shares of Alphabet by 75.6% during the third quarter. Miramar Capital LLC now owns 77,024 shares of the information services provider’s stock valued at $12,774,000 after buying an additional 33,170 shares during the last quarter. Finally, Bank of Marin grew its holdings in shares of Alphabet by 4.1% during the third quarter. Bank of Marin now owns 13,050 shares of the information services provider’s stock valued at $2,164,000 after buying an additional 518 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds. Alphabet Price Performance Shares of NASDAQ:GOOGL opened at $168.95 on Friday. The company has a 50 day moving average of $168.47 and a 200 day moving average of $170.33. The stock has a market cap of $2.07 trillion, a P/E ratio of 22.41, a P/E/G ratio of 1.20 and a beta of 1.03. Alphabet Inc. has a 12 month low of $127.90 and a 12 month high of $191.75. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.04. Alphabet Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 9th will be paid a $0.20 dividend. The ex-dividend date is Monday, December 9th. This represents a $0.80 dividend on an annualized basis and a yield of 0.47%. Alphabet’s dividend payout ratio is presently 10.61%. Insider Transactions at Alphabet In other news, CAO Amie Thuener O’toole sold 682 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $160.44, for a total value of $109,420.08. Following the transaction, the chief accounting officer now owns 32,017 shares of the company’s stock, valued at $5,136,807.48. This represents a 2.09 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . Also, CEO Sundar Pichai sold 22,500 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $176.67, for a total transaction of $3,975,075.00. Following the completion of the transaction, the chief executive officer now directly owns 2,061,806 shares in the company, valued at $364,259,266.02. The trade was a 1.08 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 206,795 shares of company stock valued at $34,673,866 in the last quarter. Insiders own 11.55% of the company’s stock. Analyst Upgrades and Downgrades A number of brokerages have recently issued reports on GOOGL. Morgan Stanley lifted their price objective on shares of Alphabet from $190.00 to $205.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Seaport Res Ptn raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 29th. Needham & Company LLC reissued a “buy” rating and set a $210.00 price target on shares of Alphabet in a research report on Wednesday, October 30th. Truist Financial raised their price target on shares of Alphabet from $220.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Finally, The Goldman Sachs Group dropped their price target on shares of Alphabet from $217.00 to $208.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. Seven equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and five have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Alphabet has an average rating of “Moderate Buy” and a consensus price target of $205.90. Check Out Our Latest Stock Analysis on Alphabet About Alphabet ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. See Also Five stocks we like better than Alphabet Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time The Latest 13F Filings Are In: See Where Big Money Is Flowing Retail Stocks Investing, Explained 3 Penny Stocks Ready to Break Out in 2025 What is a Dividend Harvesting Strategy and How Can Investors Profit from it? FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter .