Latest news with #FitzgeraldFamily
CBS News
9 hours ago
- CBS News
Jury selected for trial of Pa. man accused of murdering Temple University police Sgt. Christopher Fitzgerald
A jury was selected Monday in the trial of the Bucks County man accused of murdering Temple University police Sgt. Christopher Fitzgerald in North Philadelphia. The two sides also delivered opening statements, and testimony began in the case on Monday. Miles Pfeffer, who was 18 at the time of his arrest, was charged with murder for allegedly fatally shooting Fitzgerald near Temple's campus on Feb. 18, 2023. Pfeffer allegedly committed a carjacking after the shooting and then fled to Buckingham Township in Bucks County, where he was arrested the next day. He was also charged with murder of a law enforcement officer, robbery, carjacking, weapons charges and other offenses. Pfeffer has pleaded not guilty. If convicted, Pfeffer faces life in prison. Officials said that Fitzgerald tried to stop three people in a robbery just off Temple's campus when Pfeffer ignored the police officer's commands to stop. According to police, Fitzgerald caught up to Pfeffer, and a fight broke out. Pfeffer allegedly then took out a gun and shot Fitzgerald in the head. An affidavit claimed Pfeffer then stood over Fitzgerald and fired several more shots into his face and head area. Fitzgerald was later pronounced dead at Temple Hospital. The 1700 block of Montgomery Avenue where Fitzgerald was killed is now named Christopher Fitzgerald Way. The Fitzgerald family has previously expressed outrage over Philadelphia District Attorney Larry Krasner's decision to not seek the death penalty in the case.
Yahoo
31-05-2025
- Business
- Yahoo
Chain Bridge Bancorp, Inc. (CBNA): A Bull Case Theory
We came across a bullish thesis on Chain Bridge Bancorp, Inc. (CBNA) on Cluseau Research's Substack. In this article, we will summarize the bulls' thesis on CBNA. Chain Bridge Bancorp, Inc. (CBNA)'s share was trading at $26.63 as of 27th May. CBNA's trailing P/E was 7.72 according to Yahoo Finance. An aerial shot of a regional bank with its numerous branches situated in a city. Chain Bridge Bank (CBNA) presents a compelling asymmetric opportunity as a niche bank deeply embedded in the Republican political fundraising ecosystem, with zero-cost deposits from PACs and affiliated entities. The stock is poised to benefit from passive inflows tied to imminent Russell 2000 inclusion, which could create technical upside given its low float and illiquidity. Fundamentally, CBNA operates a high-spread model, placing political cash into short-duration Treasurys, earning strong net interest margins as long as Fed Funds remain elevated. However, its earnings power is highly rate-sensitive—modeled EPS drops from $4.08 with no rate cuts to $2.40 with six cuts—making Federal Reserve policy a major driver. While the bank saw $167 million in net deposit outflows post-April 15, likely due to PAC disbursements and tax-related withdrawals, these may reverse in Q3 as the election cycle intensifies. The Fitzgerald family retains voting control and significant ownership, suggesting insider alignment and limiting the likelihood of reckless dilution. At ~$23, the stock trades near tangible book value, offering a valuation floor, and could attract M&A interest if it remains undervalued. Risks include Trump-related idiosyncratic outcomes, customer concentration, and a steep rate-cut cycle, but the Q3 election ramp-up and forced Russell index buying provide a powerful near-term catalyst. With limited institutional coverage and low analyst scrutiny, CBNA may be mispriced relative to its embedded earnings power and strategic optionality. A disciplined accumulation around $25 offers a high reward-to-risk setup, with the possibility of multiple expansion or a premium takeout in a favorable political cycle. Chain Bridge Bancorp, Inc. (CBNA) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 6 hedge fund portfolios held CBNA at the end of the first quarter which was 2 in the previous quarter. While we acknowledge the risk and potential of CBNA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CBNA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Chain Bridge Bancorp, Inc. (CBNA): A Bull Case Theory
We came across a bullish thesis on Chain Bridge Bancorp, Inc. (CBNA) on Cluseau Research's Substack. In this article, we will summarize the bulls' thesis on CBNA. Chain Bridge Bancorp, Inc. (CBNA)'s share was trading at $26.63 as of 27th May. CBNA's trailing P/E was 7.72 according to Yahoo Finance. An aerial shot of a regional bank with its numerous branches situated in a city. Chain Bridge Bank (CBNA) presents a compelling asymmetric opportunity as a niche bank deeply embedded in the Republican political fundraising ecosystem, with zero-cost deposits from PACs and affiliated entities. The stock is poised to benefit from passive inflows tied to imminent Russell 2000 inclusion, which could create technical upside given its low float and illiquidity. Fundamentally, CBNA operates a high-spread model, placing political cash into short-duration Treasurys, earning strong net interest margins as long as Fed Funds remain elevated. However, its earnings power is highly rate-sensitive—modeled EPS drops from $4.08 with no rate cuts to $2.40 with six cuts—making Federal Reserve policy a major driver. While the bank saw $167 million in net deposit outflows post-April 15, likely due to PAC disbursements and tax-related withdrawals, these may reverse in Q3 as the election cycle intensifies. The Fitzgerald family retains voting control and significant ownership, suggesting insider alignment and limiting the likelihood of reckless dilution. At ~$23, the stock trades near tangible book value, offering a valuation floor, and could attract M&A interest if it remains undervalued. Risks include Trump-related idiosyncratic outcomes, customer concentration, and a steep rate-cut cycle, but the Q3 election ramp-up and forced Russell index buying provide a powerful near-term catalyst. With limited institutional coverage and low analyst scrutiny, CBNA may be mispriced relative to its embedded earnings power and strategic optionality. A disciplined accumulation around $25 offers a high reward-to-risk setup, with the possibility of multiple expansion or a premium takeout in a favorable political cycle. Chain Bridge Bancorp, Inc. (CBNA) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 6 hedge fund portfolios held CBNA at the end of the first quarter which was 2 in the previous quarter. While we acknowledge the risk and potential of CBNA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CBNA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
