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NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend
NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend

Yahoo

timea day ago

  • Business
  • Yahoo

NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend

WHITE PLAINS, N.Y., June 19, 2025 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the 'Company') (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be paid on or about August 6, 2025 to shareholders of record as of the close of business on July 7, 2025. About NorthEast Community Bancorp, Inc. NorthEast Community Bancorp, headquartered at 325 Hamilton Avenue, White Plains, New York 10601, is the holding company for NorthEast Community Bank, which conducts business through its eleven branch offices located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts and three loan production offices located in New City, New York, White Plains, New York, and Danvers, Massachusetts. For more information about NorthEast Community Bancorp and NorthEast Community Bank, please visit Cautionary Note About Forward-Looking Statements This press release contains certain forward-looking statements. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as 'believe,' 'expect,' 'anticipate,' 'estimate,' and 'intend' or future or conditional verbs such as 'will,' 'would,' 'should,' 'could,' or 'may.' These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause actual results to differ materially from expected results include, but are not limited to, changes in market interest rates, regional and national economic conditions (including higher inflation and its impact on regional and national economic conditions), legislative and regulatory changes, monetary and fiscal policies of the United States government, including policies of the United States Treasury and the Federal Reserve Board, the quality and composition of the loan or investment portfolios, demand for loan products, decreases in deposit levels necessitating increased borrowing to fund loans and securities, competition, demand for financial services in NorthEast Community Bank's market area, changes in the real estate market values in NorthEast Community Bank's market area, the impact of failures or disruptions in or breaches of the Company's operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns, and changes in relevant accounting principles and guidelines. Additionally, other risks and uncertainties may be described in our annual and quarterly reports filed with the U.S. Securities and Exchange Commission (the 'SEC'), which are available through the SEC's website located at These risks and uncertainties should be considered in evaluating any forward-looking statements and undue reliance should not be placed on such statements. Except as required by applicable law or regulation, the Company does not undertake, and specifically disclaims any obligation, to release publicly the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of the statements or to reflect the occurrence of anticipated or unanticipated events. CONTACT: Kenneth A. Martinek Chairman and Chief Executive Officer PHONE: (914) 684-2500

Wayne Lewis, Founding Member of Atlantic Starr, Dead at 68
Wayne Lewis, Founding Member of Atlantic Starr, Dead at 68

Yahoo

time08-06-2025

  • Entertainment
  • Yahoo

Wayne Lewis, Founding Member of Atlantic Starr, Dead at 68

Wayne Lewis, a founding member of R&B group Atlantic Starr, died Thursday, June 5. He was 68. His death was confirmed by the band. 'It's with great sadness we have to post the passing of Wayne Lewis on June 5, 2025,' the group posted on their official Facebook page Friday. 'Please keep the family in your prayers and respect there privacy #waynelewis #restinpeace #flyhigh Sunrise 4/13/1957 Sunset 6/5/2025 #restinpeaceWayne.' More from Rolling Stone George Wendt's Cause of Death Revealed Jonathan Joss, 'King of the Hill' Voice Actor, Fatally Shot at 59 Valerie Mahaffey, 'Northern Exposure' and 'Desperate Housewives' Actress, Dead at 71 Wayne Lewis, who served as a lead vocalist and keyboardist, and his brothers lead vocalist-guitarist David and trombonist-percussionist Jonathan formed the group in White Plains, New York in the late Seventies. The early core members included singer Sharon Bryant, trumpeter William Sudderth, saxophonist Damon Rentie (Koran Daniels replaced Rentie in 1981), bassist Clifford Archer, drummer Porter Carroll Jr., and percussionist-flutist Joseph Phillips. Wayne and David Lewis are credited with writing many of their songs. The band signed with A&M and released their self-titled debut album in 1978 featuring 'Stand Up,' which hit Number 16 on the R&B singles chart, and they dropped their sophomore LP the next year with Straight to the Point. Bryant led a pair of hits from their next albums, 'When Love Calls' from 1981's Radiant and the Number Two-charting 'Circles' from 1982's Brilliance. She scored another one with 'Touch a Four Leaf Clover' from 1983's Yours Forever before leaving to pursue a solo career, with Barbara Weathers replacing her. Their sixth album, 1985's As the Band Turns, found the group pared down to a quintet and also brought them their breakout hit 'Secret Lovers,' written and produced by Wayne and David Lewis. The single reached Number Three on the Billboard Hot 100 and Number One on the Adult Contemporary chart. They followed up with another smash hit 'Always,' which appears on 1987's All in the Name of Love. The song topped the pop and R&B charts. Their most recent album, Metamorphosis, arrived in 2017. Along with Wayne Lewis, the group's current lineup included Jonathan Lewis, and Melessa Pierce and Shammah Carter. Best of Rolling Stone The 50 Greatest Eminem Songs All 274 of Taylor Swift's Songs, Ranked The 500 Greatest Albums of All Time

Runaway Cummins Diesel Has Mind of Its Own, Fires Up Again After Shutdown
Runaway Cummins Diesel Has Mind of Its Own, Fires Up Again After Shutdown

The Drive

time04-06-2025

  • Automotive
  • The Drive

Runaway Cummins Diesel Has Mind of Its Own, Fires Up Again After Shutdown

The latest car news, reviews, and features. Some consumers are scared by what connected cars can do with all personal information and self-driving features, but diesel trucks can have a mind their own, too. While this Cummins-powered sled puller won't be driving itself to the repo lot anytime soon, it suffered a runaway engine event that resulted in a big ball of flames before shutting down. That wasn't all, though, as the truck's starter began spinning spontaneously once safety crews arrived on the scene, causing the engine to run away a second time. The event took place at the Aonia Truck and Tractor Pull in White Plains, Georgia, on May 17. The Southern Pullers Association posted footage of the chaos online, and video footage reveals something isn't right from the start. The second-gen Ram leaves the line with a steady puff of white smoke, and pipes start glowing behind the truck's grille soon after. Within 30 seconds, the truck's engine goes up in flames. Runaway engine events occur when an uncontrolled amount of fuel is dumped into the cylinders. That could be diesel fuel, or it could be another combustible source like oil. This can happen in a few different ways, from a stuck injection pump forcing too much diesel into the engine to a faulty valvetrain or turbo seal leaking oil into the combustion chambers. It's unclear what was the cause here, but given the white smoke at the start of the run, it could have been oil-related. No matter the cause of the initial runaway, more baffling is how the starter began spinning again around the 1:23 mark. The engine had been shut down for than 10 seconds before it fired back up—literally. Track safety workers were on the scene with fire extinguishers and a water hose when the truck successfully started itself a second time, which was an obvious cause for concern. The sled operator had already disconnected from the truck and reversed away, meaning there was no extra weight to hold the truck back if it somehow bumped into gear. 'It's my understanding that the sled operator attempted to pull the kill switch, but the mechanism did not engage the guillotine,' wrote Georgia Motorsports Media videographer Keith Haag, who was behind the camera during the incident. 'Meanwhile, the driver was struggling to unbuckle and exit safely—understandably, opening the hood was not the top priority at that moment. And by the time someone tried popping the hood, it would not open,' Haag said. 'Once the driver exited, the kill switch at the back of the truck was manually activated, but by then, the fire had already warped the guillotine, preventing it from closing completely and failing to choke off the engine. There was also a front-mounted battery kill switch, but the fire made it completely unreachable. That's what allowed the starter to re-engage and the engine to run away a second time,' Haag said. Even then, the engine's revs would climb sky-high and drop back down, making it seem like the runaway was under control when it really wasn't. With every rev increase, the fire would grow, and we've seen what can happen as a result of that. It's a wonder the truck didn't throw any shrapnel, and Haag notes that the truck and engine are salvageable. Situations like this are unpredictable, and safety crews need to be trained on what to do if and when they encounter a runaway engine. Most are, as this type of issue happens from time to time at these events. It's important to note is that just because chaos seems to be under control for a moment doesn't mean it can't get even worse in a hurry. Anything that mixes flammable liquids with a combustion source, whether it be spark or compression, can lead to a bad time. Got a tip or question for the author? Contact them directly: caleb@

Atlas Air Worldwide Releases 2024 Sustainability Report
Atlas Air Worldwide Releases 2024 Sustainability Report

Associated Press

time22-05-2025

  • Business
  • Associated Press

Atlas Air Worldwide Releases 2024 Sustainability Report

WHITE PLAINS, N.Y., May 22, 2025 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. ('Atlas' or the 'Company'), the leading global provider of outsourced aviation logistics, today announced the release of its 2024 Sustainability Report. Atlas' sixth Sustainability Report provides details on the initiatives and programs that are helping move the Company forward on its sustainability journey. The progress described in the report is aligned with four key pillars in Atlas' sustainability strategy: Preserve Our Planet, Care for Our People, Maximize Social Impact and Grow Responsibly. 'As the global leader in outsourced aviation logistics, we recognize our responsibility to Care for the World We Carry,' said Michael Steen, Chief Executive Officer, Atlas Air Worldwide. 'Our One Atlas strategy, which positions sustainability as both a business imperative and a competitive advantage, is central to how we deliver on our commitment. In 2024, we continued to embed sustainability across every part of our Company, from improving fleet efficiencies and reducing emissions, to elevating employee training and safety initiatives, to making a positive impact in the communities in which we operate and reinforcing our dedication to responsible business practices. This integrated approach is how we provide long-term value for our customers, build resilience for the future, and drive measurable impact across the global supply chain.' 'We have set meaningful goals to reduce our emissions, which contributes directly to our customers' own sustainability targets,' said Richard Broekman, Chief Commercial Officer and Head of Sustainability. 'Last year, we modernized our fleet with eight new fuel-efficient widebody freighters, increased our use of sustainable aviation fuel (SAF), and created efficiencies in our operations – all are contributing to decarbonization in the aviation industry. This report provides an overview of a year marked by steady progress as we continued to lay the groundwork to advance our sustainability strategy in the years to come.' Key highlights from the 2024 report include: Preserve Our Planet Care for Our People Maximize Social Impact Grow Responsibly To learn more about Atlas Air Worldwide's sustainability efforts, view the 2024 Atlas Sustainability Report: Sustainability – Atlas Air Worldwide. About Atlas Air Worldwide Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world's largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations. Contacts: Media: [email protected]

Endo GUC Trust Provides Its First Quarter 2025 Report
Endo GUC Trust Provides Its First Quarter 2025 Report

Associated Press

time15-05-2025

  • Business
  • Associated Press

Endo GUC Trust Provides Its First Quarter 2025 Report

WHITE PLAINS, NY / ACCESS Newswire / May 15, 2025 / Matthew Dundon, Trustee of the Endo GUC Trust, formed upon the exit from Chapter 11 proceedings of Endo International plc and its affiliated debtors, announced that the Endo GUC Trust has released the attached financial statements and discussion for the quarter ended March 31, 2025, supplemented by a summary of material events which occurred from April 1, 2025 to May 13, 2025. To view full report please click here: Contact: Joshua Nahas, [email protected], (914) 341-1188 SOURCE: Dundon Advisers LLC press release

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