Latest news with #Daigle
Hamilton Spectator
6 days ago
- Sport
- Hamilton Spectator
Local pickleballers fare well at 55+ Games, funding at risk
From June 3–5, well over 1,000 senior athletes converged on Steinbach to participate in the 2025 Manitoba 55+ Games. At least three residents from Ritchot and Niverville emerged with medals thanks to their dedication to and love of pickleball. Taking silver were Neal Hastings of St. Adolphe, as well as Perry Daigle of St. Pierre-Jolys. Also from St. Adolphe was Gerard Gill, who walked away with a bronze medal. Daigle and Gill are regulars to Niverville's CRRC daytime pickleball programming. The senior men's pickleball competition took place on the morning of June 5. Hastings and Bradford Neal Hastings and his partner Ken Bradford of St. Andrews were registered in the 60–64 age group of the 4.0 category. In the Manitoba Games, this is the highest category in which one can register. The duo walked away with a silver after five round robin and two playoff games. As impressive as the second-place finish is, though, Hastings says it wasn't his personal best. 'I won a gold medal in Halifax in the men's 60+ [category] last year,' says Neal. 'I've won a few gold medals in provincial tournaments over the years, so I kind of hoped I'd do better.' Hastings has played with a variety of different partners in men's pickleball competitions, as well as partnering with his wife when he plays in the mixed category. Together, the husband-wife team took gold medals at the 2022 and 2024 Manitoba Games and silver medals in 2023 and 2025. The pair first became interested in the sport four years ago and they haven't looked back since. As winter snowbirds, they play numerous times per week in warmer climes. When back on home turf, Hastings plays with a group of friends at the Dakota Community Centre. Hastings is also involved in the organization of the Pickleball Canada National Championships, which is coming to Winnipeg this year. Already, he says, more than 700 people are registered to play at the Taylor Tennis Centre, where 32 courts will be set up for the event. Why is pickleball such a growing phenomenon within the senior community? Hastings says there are a number of factors. 'It's physical fitness, it's a whole bunch of laughs, and it's getting together with [friends] three times a week and just having a good time.' Daigle and Poirier Competing in the 60–64 age bracket at a 3.0 level was Perry Daigle and his partner Ron Poirier, staff sergeant of the St. Pierre-Jolys RCMP department. For Daigle, the Manitoba Games were a completely new experience, having only played a number of lowkey tournaments in Niverville prior. 'The facilities [in Steinbach] were wonderful,' Daigle says. 'They had nine courts in the new arena. I'd never made it to the finals anywhere before, so [it was interesting that] they had a referee monitoring the [lines] and the score.' For Daigle and Poirier, the gold medal was well within reach as they played a nip-and-tuck closing game. Leading their opponents with a score of 11–10, the opposition jumped ahead in the end to nab the win. Daigle joined the pickleball craze only two years ago. He admits that he draws on his ping pong skill from decades earlier. Court dimensions, he believes, is one of the reasons that pickleball captures the interest of senior citizens. 'It's the size of the court and the number of people,' Daigle says. 'You have only a little bit of real estate to look after, which is doable for people our age.' Gill and Gerylo Partners Gerard Gill and Gary Gerylo played in the 65–69 age group at a level of 3.0. The games in Steinbach qualified as Gill's second time in the Manitoba competition. Until recently, Gill's sport of preference was badminton, in which he has competed on a national level, including at the U.S. national seniors games, which boasts itself as the largest seniors multisport event in the world. For Gill, pickleball felt like a natural transition from there. 'The switch to pickleball was necessitated by my shoulder,' Gill says. 'All those overhead strokes in badminton and my shoulder said, 'That's enough!' So I took up pickleball.' While competition is in his blood, he admits that, these days, entering events like the Manitoba Games is mostly about meeting like-minded people and having fun. 'I thought [the Steinbach Games] were really well run,' Gill says. 'The times were accurate and it flowed really well. I hadn't been in that Southeast Event Centre before and it's gorgeous.' The Seniors Games The Manitoba 55+ Games take place every other year, in odd years. Winners of the provincial competitions can move on to the Canada 55+ Games, held in even years. Steinbach played host to the Manitoba Games twice before, in 1993 and 2011. Unfortunately for the winners of the 2025 provincial games, there will be no Canada 55+ games in 2026. According to the Canadian Senior Games Association (CSGA), next year's nationals, which were scheduled to take place in Winnipeg, have been postponed to 2028 due to funding challenges and rapid growth in participation. 'This is such an unfortunate situation where we have a national event that encourages so many seniors to stay both physically and mentally active, and yet, despite constant door knocking, emails, and grant applications, we can't find the funding to support it,' says CSGA President Dave Finn. Supporters and participants are encouraged to contact their local members of Parliament to encourage government funding that ensures the long-term success of the national games. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. 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Yahoo
09-06-2025
- General
- Yahoo
Catholic priest dies after falling ill during mass in Iberville Parish
BATON ROUGE, La. (Louisiana First) — Catholics in the Baton Rouge area are mourning the death of a pastor. Father Greg Daigle, 66 of St. John the Evangelist in Plaquemine died on Sunday, June 8. The Catholic Diocese of Baton Rouge announced his passing in a social media post. According to a post by St. John the Evangelist, Father Daigle fell ill during the 9 a.m. mass and was taken to a hospital. Despite their best efforts, the pastor passed away. Father Michael Alello, Pastor at St. Aloysius Catholic Church, said online that he was 'heartbroken.' Along with being pastor at St. John the Evangelist, the Diocese of Baton Rouge noted that Father Daigle had many roles over the years including pastor at Immaculate Conception in Lakeland and Parochial Vicar at multiple churches. There are currently no details about funeral services for Father Daigle. Pope Leo XIV appoints sixth bishop for Houma-Thibodaux area Catholic priest dies after falling ill during mass in Iberville Parish Will Chrysler's next 100 years be electrified? What to know about Trump's deployment of National Guard troops Reporter hit as LA officers fire rubber bullets at protesters Hamlin gets 3rd 2025 win at Michigan Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
04-06-2025
- Business
- Yahoo
ASYS Q1 Earnings Call: Revenue Misses and Weak Guidance Amid Mature Node Semiconductor Challenges
Semiconductor production equipment provider Amtech Systems (NASDAQ:ASYS) missed Wall Street's revenue expectations in Q1 CY2025, with sales falling 38.7% year on year to $15.58 million. Its non-GAAP loss of $0.16 per share was significantly below analysts' consensus estimates. Is now the time to buy ASYS? Find out in our full research report (it's free). Revenue: $15.58 million (38.7% year-on-year decline) Adjusted EPS: -$0.16 vs analyst estimates of $0.01 (significant miss) Revenue Guidance for Q2 CY2025 is $17.5 million at the midpoint, below analyst estimates of $25.2 million Operating Margin: -53.1%, down from -2.8% in the same quarter last year Inventory Days Outstanding: 119, down from 155 in the previous quarter Market Capitalization: $55.97 million Amtech's first quarter was shaped by a combination of shipment delays and ongoing weakness in the mature node semiconductor market. CEO Bob Daigle attributed the revenue shortfall primarily to a delayed $4.9 million shipment in the Thermal Processing Solutions segment, caused by a customer dispute. In addition, Daigle noted a broader decline in demand for equipment and consumables tied to industrial and automotive applications. These conditions mirror broader industry trends, as several semiconductor original equipment manufacturers (OEMs) have reported similar softening. The resulting impact was a significant decline in sales and profitability, with management highlighting that actions such as a major impairment charge and inventory write-off were necessary to align the company's assets with current market conditions. Looking forward, Amtech's guidance reflects continued caution, with management anticipating ongoing demand headwinds in key end markets. Daigle pointed to strong bookings for advanced packaging equipment used in artificial intelligence (AI) applications as a rare bright spot, noting, 'Bookings for this product line exceeded our total bookings for all of fiscal 2024.' Nonetheless, he acknowledged persistent challenges from tariffs and macroeconomic uncertainty—especially in the U.S. market—and emphasized the need for operational efficiency and an expanded customer base. CFO Wade Jenke reinforced the focus on cost-cutting and a semi-fabless operating model, aiming for improved profitability even as near-term revenue expectations remain subdued. Management attributed the quarter's results to shipment delays, weak mature node demand, and necessary asset write-downs, while emphasizing emerging strength in advanced packaging and ongoing cost reductions. Shipment delay impact: A delayed $4.9 million order in the Thermal Processing Solutions segment due to a customer dispute was a primary driver of the revenue shortfall. Management stated that shipment will occur once the dispute is resolved, but timing remains uncertain. Mature node market softness: Orders for equipment and consumables related to mature node applications—used in industrial and automotive semiconductors—remained weak, mirroring broader industry declines and leading to reduced sales and profitability. Asset impairment and write-offs: Amtech recorded a $22.9 million impairment charge and a $6 million inventory write-off for equipment tied to mature node and electric vehicle applications. These non-cash charges were taken to align the company's asset base with current demand conditions. AI-driven advanced packaging demand: In contrast to weak mature node markets, orders for advanced packaging equipment—especially those supporting AI infrastructure—were strong. Management noted that bookings in this area surpassed total bookings for the entire previous year, driven by secular investment in AI. Cost structure optimization: Amtech executed further site consolidations and workforce reductions during the quarter, targeting $1 million in additional quarterly savings. Transitioning to a semi-fabless operating model, the company now expects annualized cost savings of $11 million as it exits the year. Amtech's outlook centers on recovering demand in advanced packaging, continued cost reductions, and managing exposure to tariffs and macroeconomic headwinds. AI infrastructure growth: Management expects sustained demand for advanced packaging equipment as AI applications proliferate. The company believes this segment offers a significant growth opportunity, offsetting some of the weakness in mature node markets. Cost control focus: Amtech's ongoing shift to a semi-fabless model and additional site consolidations are expected to drive meaningful fixed cost reductions. Management forecasts that these efforts will lower the company's breakeven point and enhance EBITDA margins as demand recovers. Tariff and market risk: The company remains exposed to uncertainties around tariffs, particularly in the U.S. and China, and broader macroeconomic volatility. Leadership is evaluating manufacturing alternatives in other regions to mitigate potential tariff-related headwinds. Looking ahead, the StockStory team will monitor (1) resolution of the delayed $4.9 million shipment and its timing, (2) sustained strength in advanced packaging bookings tied to AI investment, and (3) the realization of cost savings from site consolidations and the semi-fabless model. Progress in expanding recurring revenue from consumables, parts, and services will also be a key indicator of Amtech's ability to navigate cyclical downturns. Amtech currently trades at a forward EV-to-EBITDA ratio of 14.7×. At this valuation, is it a buy or sell post earnings? Find out in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. 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Business Wire
02-06-2025
- Business
- Business Wire
Fifth Third Bank, National Association, Names Scott Daigle as North Florida President, Cary Putrino as Region Chairman
TAMPA, Fla.--(BUSINESS WIRE)--Fifth Third Bank, National Association, (Nasdaq: FITB) has announced Scott Daigle as North Florida region president. Daigle succeeds Cary Putrino, who has transitioned into a new role as region chairman in North Florida. Putrino will focus on business development, special projects and brand ambassadorship. 'Cary has exemplified what strong regional leadership looks like—building trusted relationships, fostering deep community engagement and consistently prioritizing client success,' said Tom Partridge, group regional president. 'As he transitions to new responsibilities, Cary has been instrumental in helping identify Scott as a strong leader who will elevate our impact across North Florida.' As North Florida region president, Daigle oversees the strategic direction and growth of Fifth Third's commercial banking, wealth and asset management and commercial payments businesses across key markets including Tampa Bay, Sarasota, Orlando, North Central Florida and Jacksonville. 'I am honored to step into this role and collaborate with our talented team to continue advancing our growth strategy and delivering exceptional service to our clients. Together, we will remain focused on supporting the financial goals of our customers and making a meaningful impact in the North Florida region,' said Daigle. With 30 years of banking and commercial lending experience, Daigle has held various leadership positions and has extensive experience in advising companies with expansion, acquisitions and general working capital needs. Prior to joining Fifth Third, he served as the North Florida commercial market president at TD Bank. Daigle holds a bachelor's degree in economics from Radford University and serves on the executive board of the Tampa Bay Chamber and the board of Habitat for Humanity Tampa Bay Gulfside. 'Scott brings a wealth of experience in leading high-performing teams and serving clients with excellence,' said Partridge. 'His leadership, insight and energy will be instrumental to accelerate our growth across the region.' Fifth Third has 97 full-service banking centers and nearly 700 employees across North Florida. In March of this year, J.D. Power named Fifth Third Bank No. 1 for Retail Banking Customer Satisfaction in Florida for the second year in a row as part of its 2025 U.S. Retail Banking Satisfaction Study SM. The Study also noted that customers rated Fifth Third No. 1 for account offerings and value. About Fifth Third Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies ® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation's highest performing regional bank, but to be the bank people most value and trust. Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.
Yahoo
02-06-2025
- Business
- Yahoo
Fifth Third Bank, National Association, Names Scott Daigle as North Florida President, Cary Putrino as Region Chairman
TAMPA, Fla., June 02, 2025--(BUSINESS WIRE)--Fifth Third Bank, National Association, (Nasdaq: FITB) has announced Scott Daigle as North Florida region president. Daigle succeeds Cary Putrino, who has transitioned into a new role as region chairman in North Florida. Putrino will focus on business development, special projects and brand ambassadorship. "Cary has exemplified what strong regional leadership looks like—building trusted relationships, fostering deep community engagement and consistently prioritizing client success," said Tom Partridge, group regional president. "As he transitions to new responsibilities, Cary has been instrumental in helping identify Scott as a strong leader who will elevate our impact across North Florida." As North Florida region president, Daigle oversees the strategic direction and growth of Fifth Third's commercial banking, wealth and asset management and commercial payments businesses across key markets including Tampa Bay, Sarasota, Orlando, North Central Florida and Jacksonville. "I am honored to step into this role and collaborate with our talented team to continue advancing our growth strategy and delivering exceptional service to our clients. Together, we will remain focused on supporting the financial goals of our customers and making a meaningful impact in the North Florida region," said Daigle. With 30 years of banking and commercial lending experience, Daigle has held various leadership positions and has extensive experience in advising companies with expansion, acquisitions and general working capital needs. Prior to joining Fifth Third, he served as the North Florida commercial market president at TD Bank. Daigle holds a bachelor's degree in economics from Radford University and serves on the executive board of the Tampa Bay Chamber and the board of Habitat for Humanity Tampa Bay Gulfside. "Scott brings a wealth of experience in leading high-performing teams and serving clients with excellence," said Partridge. "His leadership, insight and energy will be instrumental to accelerate our growth across the region." Fifth Third has 97 full-service banking centers and nearly 700 employees across North Florida. In March of this year, J.D. Power named Fifth Third Bank No. 1 for Retail Banking Customer Satisfaction in Florida for the second year in a row as part of its 2025 U.S. Retail Banking Satisfaction StudySM. The Study also noted that customers rated Fifth Third No. 1 for account offerings and value. About Fifth Third Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation's highest performing regional bank, but to be the bank people most value and trust. Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC. View source version on Contacts Melanie Chakor (Region Marketing Manager) | 813-306-2578 Matt Curoe (Investor Relations) | 513-534-2345 Sign in to access your portfolio
