Latest news with #Portland
Yahoo
2 hours ago
- Sport
- Yahoo
Bucks' blockbuster three-team trade proposal lands $160 million forward
The Milwaukee Bucks have made significant moves this offseason to keep two-time MVP Giannis Antetokounmpo happy. Before waiving Damian Lillard and signing Myles Turner this summer, the team made a bold move at the 2024-25 trade deadline by trading for Kyle Kuzma. The 30-year-old forward appeared in 33 regular-season games with Milwaukee, averaging 14.5 points, 5.6 rebounds and 2.2 assists across 31.8 minutes per game. However, Kuzma struggled mightily in the postseason, raising questions about his long-term fit with the team. MORE: Ex-Bucks star Damian Lillard shares daughter's hilarious reaction to Portland reunion recently compiled a mock trade that would send Kuzma to the Portland Trail Blazers in exchange for a forward coming off an injury-riddled season. Here's their proposed trade: Bucks receive: Jerami Grant, 2027 second-round pick (via ATL) Trail Blazers receive: Kyle Kuzma, AJ Green, Tyler Smith, 2032 first-round pick swap (via MKE) Hawks receive: Andre Jackson Jr. In this scenario, the Bucks would acquire a versatile scorer in Grant, who was largely a non-factor for Portland after the All-Star break due to a right knee injury. Prior to last season, the 31-year-old had averaged at least 19 points per game in four consecutive campaigns, though he hasn't played more than 63 regular-season games since the 2019-20 campaign. If the Bucks are committed to moving off Kuzma, Grant could be a viable replacement. While the deal would cost Milwaukee a future first-round pick and several young players, Grant has the potential to make a meaningful impact on a playoff-caliber team. The Bucks have made it clear they're in win-now mode in a wide-open Eastern Conference. If they don't believe their current roster can get it done, betting on Grant to return to form after a down year could be a risk worth taking. MORE NBA NEWS: Former 76ers guard drawing interest from Golden State in free agency Old JJ Redick take on Marcus Smart resurfaces after ex-Celtic lands with Los Angeles Celtics executive eyeing former Spurs center to help replace Kristaps Porzingis Knicks' blockbuster trade proposal nets $196 million forward for star big man Ex-Mavericks superstar Luka Doncic looking to put conditioning concerns to rest
Yahoo
2 hours ago
- Business
- Yahoo
Northeast Bank Announces New Date for Fiscal 2025 Fourth Quarter Earnings Conference Call
PORTLAND, Maine, July 25, 2025 (GLOBE NEWSWIRE) -- Northeast Bank (the 'Bank') (NASDAQ: NBN), a Maine-based bank, announced today that the Bank will host a conference call with a simultaneous webcast at 1:00 p.m. ET on Tuesday, July 29, 2025 to discuss the Bank's fiscal 2025 fourth quarter earnings. This conference call was previously announced as occurring on July 31, 2025. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, Richard Cohen, Chief Financial Officer, and Pat Dignan, Chief Operating Officer. The Bank will release its fiscal 2025 fourth quarter earnings results on Monday, July 28, 2025 as previously announced. To access the conference call by phone, please go to this link (Phone Registration), and you will be provided with dial in details. The call will be available via a live webcast, which can be viewed by accessing the Bank's website at and clicking on the Investor Relations section. To listen to the webcast, attendees are encouraged to visit the website at least 15 minutes prior to the start of the call to register, download and install any necessary audio software. Please note there is a slide presentation that will accompany the webcast. For those who cannot listen to the live broadcast, a replay will be available online for one year at About Northeast Bank Northeast Bank (NASDAQ: NBN) is a bank headquartered in Portland, Maine. We offer personal and business banking services to the Maine market via seven branches. Our National Lending Division purchases and originates commercial loans on a nationwide basis. ableBanking, a division of Northeast Bank, offers online savings products to consumers nationwide. Information regarding Northeast Bank can be found at NBN-F For More Information:Richard Cohen, Chief Financial OfficerNortheast Bank27 Pearl Street, Portland, ME 04101207.786.3245 ext. 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
Globe and Mail
2 hours ago
- Business
- Globe and Mail
Northeast Bank Announces New Date for Fiscal 2025 Fourth Quarter Earnings Conference Call
PORTLAND, Maine, July 25, 2025 (GLOBE NEWSWIRE) -- Northeast Bank (the 'Bank') (NASDAQ: NBN), a Maine-based bank, announced today that the Bank will host a conference call with a simultaneous webcast at 1:00 p.m. ET on Tuesday, July 29, 2025 to discuss the Bank's fiscal 2025 fourth quarter earnings. This conference call was previously announced as occurring on July 31, 2025. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, Richard Cohen, Chief Financial Officer, and Pat Dignan, Chief Operating Officer. The Bank will release its fiscal 2025 fourth quarter earnings results on Monday, July 28, 2025 as previously announced. To access the conference call by phone, please go to this link (Phone Registration), and you will be provided with dial in details. The call will be available via a live webcast, which can be viewed by accessing the Bank's website at and clicking on the Investor Relations section. To listen to the webcast, attendees are encouraged to visit the website at least 15 minutes prior to the start of the call to register, download and install any necessary audio software. Please note there is a slide presentation that will accompany the webcast. For those who cannot listen to the live broadcast, a replay will be available online for one year at Northeast Bank (NASDAQ: NBN) is a bank headquartered in Portland, Maine. We offer personal and business banking services to the Maine market via seven branches. Our National Lending Division purchases and originates commercial loans on a nationwide basis. ableBanking, a division of Northeast Bank, offers online savings products to consumers nationwide. Information regarding Northeast Bank can be found at NBN-F
National Post
a day ago
- Business
- National Post
Expensify to Announce Q2 2025 Results
Article content PORTLAND, Ore. — Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses, travel, and corporate cards, today announced that the company's Q2 2025 financial results will be released after market close on Thursday, August 7th, 2025. Article content Article content Expensify will host a call to discuss its Q2 2025 results on Thursday, August 7th 2025 at 2pm PT / 5pm ET. The link to the call will be available that day on the company's Investor Relations website at Prior to the call, interested parties can visit the website to add the event to their calendars. Article content After the call, the following will be made available at Article content To get started using Expensify or to learn more, head over to Article content About Expensify Article content Expensify helps 15 million people worldwide track expenses, book travel, reimburse employees, manage corporate cards, send invoices, and pay bills—all in one place. Whether you're self-employed, running a small business, managing a team, or overseeing global finances, let Expensify handle your travel and expense, at the speed of chat. Article content Article content Article content Article content
Yahoo
a day ago
- Business
- Yahoo
New student loan cap creates planning challenges for advisors
Students planning to pursue advanced degrees could soon face a complicated financial situation thanks to a new federal student loan borrowing cap, financial advisors warn. A provision in the tax and spending package signed into law on July 4 will set a lifetime borrowing limit of $257,500 for federal student loans starting in mid-2026. Graduate students will be capped at $20,500 per year in unsubsidized loans, with a lifetime maximum of $100,000. For those pursuing professional degrees such as medicine or law, borrowing will be limited to $50,000 per year and $200,000 over a lifetime. Parents taking out federal Parent PLUS loans will face a new cap of $20,000 per year per student, with a $65,000 lifetime limit. Currently, both graduate and professional students, as well as parents of dependent undergraduates, can borrow up to the full cost of attendance each year. The proposal would also eliminate Grad PLUS loans entirely, which now allow graduate students to borrow up to whatever expenses remain after other federal aid. READ MORE: How to advise clients on Biden's SAVE plan before it disappears Experts say these limits will have little to no impact on the average college student. But for students seeking costly advanced degrees, the new cap could significantly impact their ability to pay for school. "The biggest impacts will be felt in graduate programs when students max out on borrowing," said Ann Garcia, a financial advisor at The Mather Group in Portland, Oregon. "Medical school, law school, veterinary, physical therapy, etc., all cost considerably more than the new loan limits." In 2024, medical school graduates had $264,519 in student loan debt on average, according to the Education Data Initiative — roughly $7,000 more than the new borrowing cap. And that's an average, meaning many students exceeded the cap by larger amounts. Because the new borrowing cap is not pegged to inflation, advisors say that gap is likely to widen as education costs keep rising. For clients looking to get ahead of the new borrowing cap, advisors point to a few potential strategies. Advise clients on front-loading loans now Although the new limits don't take effect until July 2026, advisors say that families with multiple children attending college may want to begin shifting their borrowing strategies now. READ MORE: Confronted with college costs, parents reach for their 401(k)s "For parents with multiple kids, say one already enrolled and another preparing to enroll, you might need to consider borrowing more now for the student already in college to stay under the lifetime borrowing cap for younger children," Garcia said. By borrowing more now, parents can save up a bigger cash cushion to help cover future college bills, when borrowing limits will be in effect. Help clients use private loans strategically With greater flexibility and more repayment options, federal student loans are widely considered the best option for students who need to borrow money for college. But under the new borrowing limit, some advisors say that students may be better off taking out private loans first if they anticipate needing more than the federal limit allows. "The challenge will be qualifying for the [private] loans if you've borrowed the lifetime federal loan limit," said Mike Hunsberger, founder of Next Mission Financial Planning in Saint Charles, Missouri. "I envision a strategy where it will make more sense to borrow private loans first and then switch to federal loans to make sure you're getting the best rates while your debt is low and your credit score is good." READ MORE: 5 key tips for advisors on 529 college savings plans Currently, competition with federal student loan options keeps private lenders relatively competitive when it comes to interest rates. But that incentive could disappear under the new borrowing cap, as more students turn to private loans as their only option. "I think there could be situations in the future that borrowers who use the federal loans first could be unable to borrow more from private lenders, or that the rates will be so high that even those who are making great money will have trouble paying them back," Hunsberger added. If private loans become necessary, it's important to compare options carefully, according to Andrew Latham, a certified financial planner and the content director at SuperMoney. Having a creditworthy cosigner can lead to much better terms, and some credit unions or nonprofit lenders may offer lower rates than major banks, Latham said. Emphasize proactive cost-reduction options The best way for a client to avoid hitting the new borrowing limits is to minimize how much they need to borrow, either by cutting costs or paying more out of pocket. For parents who still have time before their children enter college, advisors say now is the time to increase contributions to 529 plans and Roth IRAs, funds from which can be used tax- and penalty-free for education expenses. READ MORE: How to prepare to pay for college — from a parent and a planner Depending on a family's financial situation, advisors say there are a variety of other strategies they can use to avoid taking out private loans. "Advisors should also review whether families are candidates for gifting strategies, cash-flow planning, or low-interest lending within the family to help bridge the gap," Latham said. "And talk to students directly. The earlier they understand the implications of the cap, the more control they'll have over school choice, program length and future debt load. Students and their parents should also be proactive about looking for grants and scholarships, advisors say. "Instead of asking what school could the student get into, families need to ask what schools will give them the most aid," said Jack Wang, a financial advisor at Innovative Advisory Group in Lexington, Massachusetts. "If families need to borrow, eligibility for merit and need-based aid becomes much more important to lower the cost of college and reduce the need to borrow." Garcia echoed that same point. "The most important piece of this is making good choices about where your student goes to school and using your budget as a guide to those choices," Garcia said. "College is available at every price point, and parents need to be realistic about which of those price points work for them."
