Star Equity: Q1 Earnings Snapshot
The Old Greenwich, Connecticut-based company said it had a loss of 37 cents per share. Losses, adjusted for one-time gains and costs, came to 52 cents per share.
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Business Wire
7 minutes ago
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Movado Group, Inc. Announces Date of Conference Call and Webcast for Second Quarter Fiscal Year 2026 Results
BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) invites investors to listen to a broadcast of the Company's conference call to discuss second quarter fiscal year 2026 earnings results on Thursday, August 28, 2025, at 9:00 a.m. Eastern Time. A press release detailing the Company's second quarter fiscal year 2026 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, and Sallie DeMarsilis, Executive Vice President and Chief Financial Officer. Investors and analysts interested in participating on the call are invited to dial (877) 407-0784 and reference conference ID number 13755528 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at The webcast will be archived online within one hour of the completion of the conference call and remain available for 90 days. Additionally, a telephonic re-play of the call will be available at 1:00 p.m. ET on August 28, 2025, until 11:59 p.m. ET on September 11, 2025 and can be accessed by dialing (844) 512-2921 and entering replay pin number 13755528. Movado Group, Inc. designs, sources, and globally distributes and sells MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, CALVIN KLEIN®, COACH®, TOMMY HILFIGER®, HUGO BOSS® and LACOSTE® watches and, to a lesser extent, jewelry and other accessories, and operates Movado Company Stores in the United States and Canada.
Yahoo
12 minutes ago
- Yahoo
Chicago Residents Blast ‘Monstrosity' Obama Presidential Center as Displacement Fears Grow
The much-awaited Obama Presidential Center, a space designed to inspire and connect people, has stirred up quite a bit of controversy on Chicago's South Side. Construction of the center started in 2021 and is expected to wrap up later this year, but residents and activists are already speculating how the ambitious project will affect locals. "There is always a concern when a development of this magnitude enters an area," Michael Opyd, a Chicago-based broker, told "Since its announcement, I have had several clients ask about how it will impact the market. Many of the people I have spoken with are taking a wait-and-see approach to determine the impact of the center." Eight months into 2025, the Obama Foundation is finally gearing up to welcome visitors to the 19-acre South Side Chicago campus. "As we inch closer toward opening, construction crews are working tirelessly to build a new home for hope," the website reads. The foundation has stated that it will raise all funds needed for construction of the project, meaning money from taxpayers or collaborator University of Chicago will not be used. Once the center is finished, the foundation will give the National Archives and Records Administration an endowment covering 60% of the facility's total cost. The foundation will cover and manage the rest of the center on its own. Lakeside Alliance, the construction company overseeing the project, reported that it would cost approximately $500 million to build the Obama Presidential Center in Chicago's Jackson Park. Since then, many organizations have spoken out about how the project could negatively impact Chicago's longtime residents. Community concerns "Looking at how other developments pushed out Black people in the last 10 to 15 years, it was a big concern,' says Allegra Fischer, an attorney for the Chicago Lawyers' Committee. 'We wanted to make sure this was done in a way that doesn't displace residents." economist Jiayi Xu says "rising property values from the center's development could accelerate displacement in historically lower-cost neighborhoods, pricing out long-term residents and weakening community stability. "Without robust affordability protections, long-standing communities may be replaced by higher-income households, reshaping the area's housing landscape." The Obama Community Benefits Agreement Coalition—a group working to ensure the development benefits the local community—has called on the center to create jobs for people in communities around the project; protect housing for working families, those with low incomes, and homeowners; support, create Black businesses; and strengthen neighborhood schools, as per its website. In June 2024, former President Barack Obama visited the site, which broke ground in 2016, and greeted workers. "The sacrifices you have all made, I could not be more grateful," Obama said. "You've got young people learning, have an opportunity that wouldn't have always had. That's not just because of me. That's because of you." Not everyone is grateful. Ken Woodward, an attorney based in Chicago, told Fox News that the center "looks like this big piece of rock that just landed here out of nowhere in what used to be a really nice landscape of trees and flowers. "It's over budget, it's taking way too long to finish and it's going to drive up prices and bring headaches and problems for everyone who lives here. It feels like a washing away of the neighborhood and culture that used to be here," he added, calling the structure a "monstrosity." Currently, the median household income in the city of Chicago is $72,428, and the median home list price is $377,000. Xu says without targeted affordability protections, the development could deepen Chicago's existing housing affordability crisis. While there has been a concerted effort to protect residents who live around the Obama Presidential Center, real estate agents and economists point to potential benefits, too. "I have several clients who live in the area. All of them believe that once completed, it will have a positive impact on the area and community. The area surrounding the library is dense with not a lot of space to develop, which would entice more developers to enter the market than normal," says Opyd. The project could even be the catalyst for a housing boom, drawing in tourism, jobs, and more amenities. "The Obama Presidential Center is poised to increase housing demand in nearby neighborhoods by bringing jobs, tourism, and new amenities. This added demand is likely to drive home values and prices higher, particularly in historically more affordable areas, raising both investment interest and concerns over housing affordability," Xu explained. Solve the daily Crossword
Yahoo
33 minutes ago
- Yahoo
Pensacola ranked No. 1 coastal city in the U.S. among 143 areas
Florida is seen as the best U.S. state to settle down for a laid-back, vacation lifestyle, but Pensacola is the cream of the crop among the Sunshine State's coastal cities. ConsumerAffairs ranked Pensacola as the top U.S. city for coastal-lifestyle seekers to make a long-distance move to in a new list. Florida alone claimed half of the entries in the top 10 of the list, as well as 13 of the top 20 cities. The Pensacola Metropolitan area earned the top spot thanks to its combination of affordability and safety provided to residents in comparison to similar metros across the country, according to ConsumerAffairs. Affordability, in particular, was highlighted as one of the city's biggest strengths because Pensacola has the second-best affordability ratio on this list, which compares median home sale price to median income, as well as the ninth-lowest median rent. Pensacola's median rent was calculated at $1,848, about $800 less than the average among cities that were analyzed. ConsumerAffairs formed the rankings by comparing 143 U.S. coastal metro areas on metrics ranging from quality of life to cost of living. Any municipality with a population of at least 130,000 people that is also located within 15 miles of a beach was eligible for the list. Pensacola ranked top mid-size U.S. city: LinkedIn ranks Pensacola metro area as one of the top mid-size U.S. cities on the rise What makes Pensacola the top coastal city in the U.S.? The four key factors for the list were: affordability, livability, safety and economy, but the top five cities shared two metrics in common: affordability and job growth, or economy. Pensacola was ranked as the best coastal city in the U.S. to migrate to because of those latter two factors. The Pensacola Metro area's local job market has grown by 4.05% since 2019 and the typical renter pays approximately $1,848 each month, according to ConsumerAffairs. The median home costs a little over four times the median household income with a state-local tax burden of 9.1%. On top of the local economy, 85% of Pensacola residents live within a 10-minute walk of a park or other green space. Since most residents live within a short distance of green spaces, in addition to the area's relatively low violent and property crime rates, they're consistently able to find some peace of mind. Escambia County residents also enjoy 3,839 kilojoules per square meter of solar energy each year, which is a measure of how much bright and sunny weather a particular area gets. It isn't all sunshine in the area, however. Escambia County's FEMA-based coastal risk score is 147.0, ranking Pensacola at No. 48 for hazard risk among the analyzed areas. Sea levels are expected to rise 10 to 12 inches over the next 30 years, which will only increase the frequency and severity of coastal flooding or storm surges. Top U.S. coastal cities to call home in 2025 According to ConsumerAffairs, the following areas are the ten best coastal cities to migrate to in the U.S. Pensacola, Florida Bremerton, Washington Jacksonville, North Carolina Port Charlotte, Florida La Porte, Texas Salinas, California Galveston, Texas Palm Harbor, Florida Tampa, Florida Clearwater, Florida The full list by ConsumerAffairs is below. This article originally appeared on Pensacola News Journal: Pensacola best coastal city in Consumer Affairs report Solve the daily Crossword
