Latest news with #Georgia-based
San Francisco Chronicle
2 days ago
- Business
- San Francisco Chronicle
MetroCity: Q2 Earnings Snapshot
DORAVILLE, Ga. (AP) — DORAVILLE, Ga. (AP) — MetroCity Bankshares, Inc. (MCBS) on Friday reported net income of $16.8 million in its second quarter. The Doraville, Georgia-based bank said it had earnings of 65 cents per share. The company posted revenue of $59.8 million in the period. Its revenue net of interest expense was $37.9 million, topping Street forecasts. _____
Newsweek
2 days ago
- General
- Newsweek
Man Visits 90-Year-Old Aunt, Horror at What Dogs Are Drinking out Of
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. A Polish man was "surprised" to discover his elderly aunt using a piece of Nazi Germany-era tableware as a drinking bowl for her dogs. Max, who originally shared what he found to social media, but has now asked that his username be omitted from this story, was tipped off about the bowl by another family member. "I heard from my cousin that in her house there is this piece made by Germans," Max told Newsweek. "But I'd never encountered it until a couple of days ago. A bowl for dogs isn't something you pay attention to while visiting relatives." The discovery of the bowl was a shock to Max. "I was just surprised," he said. "It may sound bad but I think I was surprised in a positive way because it's not every day you get your hands on something that you'd rather see in a museum." Max's aunt is in her 90s and has lived in a remote part of Poland for all her life. He said her family "wasn't that impacted" by Adolf Hitler's invasion and occupation of Poland in September 1939. "Their house is in a place that back then was a literal forest, more than hundred kilometers from the state capital so I doubt that occupants had interest in that place," Max said. As for how the bowl ended up in his aunt's possession? Max isn't sure. "I don't think I'll ever have an answer," he said. "My aunt is 90 years old with signs of dementia. From what I can deduce it's either her father's trophy or something that was left in a hurry by Germans nearby." He's almost certain, however, that the bowl has been in the family for some time. "I doubt that she got it second hand," he said. "We only recently replaced the tiled stove that was like her age and literally crumbling, yet she still insisted that it's good and there's no need to replace it. Her house is full of things that she's too sentimental to get rid of. She's not the kind of person to go and buy a bowl, it was passed down to her." Though Max was in the dark about the bowl's origins, by posting a picture to online, he was able to discover exactly where it was produced. The bowl is listed on the website Germania International, a Georgia-based antique shop focusing on military, political, and cultural collectibles usually with a German origin. It's described as a "Wehrmacht Mess Hall Porcelain Bowl" and, according to the website, one such bowl was previously sold by them for $250. Max's aunt, and her dog for that matter, have no plans to sell anytime soon though.
San Francisco Chronicle
3 days ago
- Business
- San Francisco Chronicle
Synovus: Q2 Earnings Snapshot
COLUMBUS, Ga. (AP) — COLUMBUS, Ga. (AP) — Synovus Financial Corp. (SNV) on Wednesday reported second-quarter earnings of $217.7 million. The Columbus, Georgia-based bank said it had earnings of $1.48 per share. The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share. The holding company for Synovus Bank posted revenue of $902.5 million in the period. Its revenue net of interest expense was $590.4 million, which also beat Street forecasts. Five analysts surveyed by Zacks expected $583.8 million. _____
Yahoo
6 days ago
- Business
- Yahoo
What to Expect From Southern Company's Q2 2025 Earnings Report
Valued at a market cap of $101.8 billion, The Southern Company (SO) is a utility company that generates, transmits, and distributes electricity. The Atlanta, Georgia-based company develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects. It is expected to announce its fiscal Q2 earnings for 2025 before the market opens on Thursday, Jul. 31. Ahead of this event, analysts expect this utility giant to report a profit of $0.99 per share, down 9.2% from $1.09 per share in the year-ago quarter. The company has topped Wall Street's earnings estimates in three of the last four quarters, while missing on another occasion. In Q1, SO's EPS of $1.23 outpaced the forecasted figure by 2.5%. Shopify Stock is a Bargain - How to Make a 3.2% One-Month Yield with SHOP Tariffs, Inflation and Other Key Things to Watch this Week Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts expect SO to report a profit of $4.28 per share, up 5.7% from $4.05 per share in fiscal 2024. Furthermore, its EPS is expected to grow 7% year-over-year to $4.58 in fiscal 2026. SO has outpaced the S&P 500 Index's ($SPX) 12.1% uptick over the past 52 weeks, with its shares up 16%. However, it has slightly lagged behind the Utilities Select Sector SPDR Fund's (XLU) 16.6% return over the same time frame. On May 1, Southern Company delivered better-than-expected Q1 results, yet its shares plunged marginally post the release. Due to higher retail and wholesale electric revenues and growth in its natural gas sales, the company's overall operating revenue improved 17% year-over-year to $7.8 billion, surpassing the consensus estimates by 11%. Moreover, its adjusted EPS of $1.23 advanced 19.4% from the same period last year and topped Wall Street estimates by 2.5%. Wall Street analysts are moderately optimistic about SO's stock, with a "Moderate Buy" rating overall. Among 21 analysts covering the stock, eight recommend "Strong Buy," one indicates a "Moderate Buy," 11 advise "Hold,' and one suggests a 'Strong Sell' rating. The mean price target for SO is $95.29, which indicates a 2.8% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
Miami Herald
6 days ago
- Entertainment
- Miami Herald
Nedra Rhone: Beyoncé's ‘Cowboy Carter' tour pushes fans outside the norm
ATLANTA - The walls of Cerrito Western Wear are filled with cowboy hats in cream, black, tan and bright colors - some with sparkling stones and some without. At this store in Santa Fe Mall, a shopping and entertainment center in Duluth with Latino-centric shops and eateries, visitors will find themselves fully immersed in Hispanic culture. In the days leading up to Beyoncé's arrival in Atlanta for a four-show stop on the "Cowboy Carter" tour at Mercedes-Benz Stadium, the Georgia-based store, with additional outposts in Forest Park and Columbus, welcomed fans searching for the perfect accoutrement of cowboy culture. "It has been very busy since the start of this week," said Marisol, an employee at the Forest Park location, when we talked the day before the concert kicked off. She expected the crowd surge to continue over the next two days as everyone finalized their outfits. "Everybody is in the store for Beyoncé," she said. Prices for cowboy hats, the most sought-after concert accessory, range from about $60 up to $400. But if she senses that someone isn't likely to wear a cowboy hat again, Marisol steers them to the more affordable styles. She said there has been so much activity in the store that she has become a de facto personal stylist, helping people find not just the perfect cowboy hat but an entire outfit. "They overthink it a lot, but it is just the idea of being yourself," she said. I thought I was writing a column about the business of Beyoncé and the financial impact her tour might have on the city but after talking to fans, I understood why her arrival brings more than an economic boost to local businesses. As the concert approached, preparations for the show pushed people out of their comfort zones - into new stores, new communities, a new style of dress, and in some cases, to visit new cities. Whether you are part of the Beyhive or not, you can't knock that hustle. When I first talked to Beyoncé fans about their concert attire, I was reminded of the moments in the early 1990s when my friends and I would gear up for Janet Jackson concerts. For the "Rhythm Nation" tour, we wore black caps, ponytails, and earrings with a key hanging from the right hoop. For the "Janet" tour, the look was black vests and flared pants with bone necklaces and our hair in curls. We were paying homage to Jackson's artistry and when our efforts were noticed by her then-husband Rene Elizondo Jr., we also got bumped from our affordable seats to the fan circle. But I quickly got the sense from Beyoncé fans that their desire to dress up goes beyond simple costuming or angling for a better seat. Beyoncé in her cowboy era has orchestrated a full-on culture shift, pushing fans to journey into places they may never have gone without her leading the way. Tiffany Fick of southwest Atlanta is celebrating her birthday this year with Beyoncé. She doesn't like going to concerts in costume but she drew on her roots in rural Indiana to create a Midwestern translation of country. Camouflage, Carhartt and a trucker hat are items she would normally wear. She will complete her concert attire with grillz, the decorative gold or silver accessories worn over teeth, that she plans to purchase from a shop on Campbellton Road. "It is a way that women express themselves. It is another piece of jewelry. Beyoncé is from Texas, where they are popular, and it feels like it fits the vibe of my version of country," said Fick. Beyoncé, she said, has mastered something many artists have not. "What I find incredible is Beyoncé speaks to Black America really well. As someone who has roots in the Deep South and can speak to a lot of the historical aspects of our culture, she makes that known through music." Beyoncé's message to Black America also resonated deeply with six women from a small town in Mississippi who planned their first trip to Atlanta to see the singer on tour. They were afraid to drive to the city, so they pooled their money to rent a private car, a Mercedes-Benz Sprinter, that would shuttle them five hours from their hometown. They plan to attend the show and do some sightseeing while they are in Atlanta. "You would be amazed at the (number of) people who have never left their small towns," said Yulanda Haddix, the driver for the weekend and owner of Bulldog Mobile Concierge Service, a private car service she founded in 2015 in Starkville, Mississippi. Haddix is a longtime fan of country music, and she believes that Beyoncé has helped enrich Black communities by inviting people to explore the full range of cowboy and country culture. "When you change the norm, you change communities, and you change people's outlook on life," Haddix said. Whether fans are rushing to Santa Fe Mall to purchase Western wear, hitting Campbellton Road for new grillz or making their first trip to the Black mecca we call Atlanta, Beyoncé has offered them an opportunity to expand and reach beyond the norm while somehow remaining exactly who they are. --- (Nedra Rhone is a lifestyle columnist for the Atlanta Journal-Constitution.) --- Copyright (C) 2025, Tribune Content Agency, LLC. Portions copyrighted by the respective providers.
