Saturday, April 11

Business

Comtech on Firmer Financial Footing Despite Lower Sales in FY ’25
Business

Comtech on Firmer Financial Footing Despite Lower Sales in FY ’25

Photo: Comtech Comtech Telecommunications ended its fiscal year 2025 on firmer financial footing, dropping the “going concern” disclosure about its ability to continue operations without additional funds.  CEO Ken Trab pointed to the success of the transformation initiative he started at Comtech after taking over in January of this year. Comtech reported two quarters in a row of positive operating cash flow, its first since fiscal year 2023. The company also improved gross margins from 12.5% in the first quarter to 31.2% in the fourth quarter of FY 2025. Comtech’s fiscal year 2025 ended on July 31. “I am proud to report how much stronger Comtech is today, financially, operationally and strategically,” Traub said. “We expect the company’s significantly improved operational and financial hea...
Callie Cox: A Student Teacher of Financial Markets
Business

Callie Cox: A Student Teacher of Financial Markets

Listen Now: Listen and subscribe to Morningstar’s The Long View from your mobile device: Apple Podcasts | SpotifyToday’s guest on The Long View is Callie Cox. Callie is the chief market strategist at Ritholtz Wealth Management, where she helps the firm’s clients make sense of markets and suss out signal in the noise. Callie’s clear, relatable approach to market commentary blends deep macroeconomic market insights with an understanding of investor behavior. Before joining Ritholtz Wealth Management in 2024, Callie was an investment analyst at eToro and previously worked in research roles at Ally, LPL Financial, and First Citizens Bank. She began her career as a reporter at Bloomberg, covering the stock and options markets after graduating from the University of North Carolina with a journal...
LightPath Technologies Reports Fiscal 2026 First Quarter Financial Results
Business

LightPath Technologies Reports Fiscal 2026 First Quarter Financial Results

ORLANDO, Fla., Nov. 11, 2025 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced financial results for its fiscal first quarter ended September 30, 2025. Financial Summary: Three Months Ended September 30, $ in millions 2025 2024 % Change Revenue $15.1 $8.4 79 % Gross Profit $4.5 $2.8 58 % Operating Expenses $7.0 $4.2 6...
FDIC Revises Examination Schedule | Consumer Finance Monitor
Business

FDIC Revises Examination Schedule | Consumer Finance Monitor

The FDIC has announced that its Consumer Compliance Examination Manual has been revised to reflect an updated examination schedule for financial institutions. As a result, agency consumer compliance examinations and Community Reinvestment Act (CRA) evaluations will occur less frequently for most institutions, according to the FDIC. Institutions will generally be on an examination cycle of 66-78 months, 54-66 months, or 24-36 months, depending on the asset size of the institution and its Consumer Compliance Rating. Previously, Consumer Compliance exams could be as frequent as every 12 months, although under the revised schedules institutions with 4 or 5 Consumer Compliance ratings can be examined for compliance on a 1-to-12month schedule, and also examined on such schedule for CRA purpos...
Taxation of Digital Assets Taken Up by Senate Finance Committee
Business

Taxation of Digital Assets Taken Up by Senate Finance Committee

On 1 October the Senate Finance Committee (SFC) held a hearing to consider the tax treatment of digital assets, “Examining the Taxation of Digital Assets.” In his opening statement, Chairman Mike Crapo (R-ID) highlighted the significance of the hearing, saying “In recent years, digital assets have emerged to become an important part of our global financial ecosystem. Today, we will discuss how our tax code can provide a clear framework to ensure American leadership in this innovative industry.”  The hearing revealed broad bipartisan agreement that clarity on digital asset taxation is needed, but deep divides remain over how to balance fairness, enforcement, and US competitiveness.  Senators and witnesses addressed several issues during the hearing, including:  The pros and cons of a de mi...
PRISM MarketView Features Exclusive Q&A with AtlasClear Leadership on Growth Strategy and Next-Generation Financial Infrastructure
Business

PRISM MarketView Features Exclusive Q&A with AtlasClear Leadership on Growth Strategy and Next-Generation Financial Infrastructure

PRISM MarketView Atlas Clear Holdings, Inc. Leadership John Schaible, Executive Chairman, and Craig Ridenhour, PresidentAtlasClear Holdings, Inc. NEW YORK, Nov. 11, 2025 (GLOBE NEWSWIRE) -- PRISM MarketView today published an exclusive Q&A Corner feature with John Schaible, Executive Chairman, and Craig Ridenhour, President of AtlasClear Holdings, Inc. (NYSE American: ATCH), a technology-enabled financial services company modernizing trading, clearing, settlement, custody, and banking for small and mid-sized financial institutions. In the interview, Schaible and Ridenhour outline how AtlasClear is building a vertically integrated platform designed to level the playing field for smaller firms long constrained by legacy systems and high clearing costs. “...
What Community Financial System (CBU)’s Santander Branch Acquisition Means for Shareholders
Business

What Community Financial System (CBU)’s Santander Branch Acquisition Means for Shareholders

Community Financial System, Inc. recently announced the acquisition of seven Santander Bank branches in the Allentown, Pennsylvania area, adding approximately US$553.0 million in customer deposit accounts and expanding its physical network to twelve retail locations in Greater Lehigh Valley. This move solidifies Community Financial System’s position among the top five banks in the region and extends its reach to new consumer, business, and private banking clients. We’ll examine how the integration of these acquired deposits and branches could influence Community Financial System’s growth outlook and investment narrative. AI is about to change healthcare. These 32 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in m...
Trump directive could deny more visas based on health and finances
Business

Trump directive could deny more visas based on health and finances

WASHINGTON (AP) — A new directive by President Donald Trump’s administration could make it more difficult for foreigners to visit or live in the United States if they have certain medical conditions such as diabetes or obesity or lack the economic resources and assets to support themselves.The guidance, issued last week in a cable from the State Department and obtained by The Associated Press, directs embassy and consular officials to comprehensively and thoroughly vet visa applicants to demonstrate that they will not need to rely on public benefits from the government any time after their admission in the U.S. Experts say it could further limit who gets to enter the country at a time when the Republican administration is already tightening those rules.The directive reveals how the Trump a...