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December 28, 2022

Norwood Financial Corp. (NASDAQ:NWFL) Director Sells $27,398.25 in Stock

Norwood Money Corp. (NASDAQ:NWFL – Get Score) Director Andrew Forte bought 825 shares of the inventory in a transaction that happened on Tuesday, December 27th. The stock was marketed at an normal price of $33.21, for a complete transaction of $27,398.25. Pursuing the completion of the sale, the director now owns 7,020 shares of the firm’s inventory, valued at around $233,134.20. The transaction was disclosed in a filing with the SEC, which can be accessed as a result of this hyperlink.

Norwood Money Stock Up .7 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

Shares of NASDAQ:NWFL traded up $.23 on Tuesday, reaching $33.34. The firm had a buying and selling volume of 16,739 shares, as opposed to its average quantity of 8,005. The stock has a industry capitalization of $271.29 million, a P/E ratio of 9.47 and a beta of .48. The inventory has a 50-day shifting average selling price of $30.78 and a 200 working day going average price of $27.37. Norwood Financial Corp. has a twelve thirty day period minimal of $23.00 and a twelve thirty day period high of $34.75.

Norwood Monetary Raises Dividend

The business also recently announced a quarterly dividend, which will be compensated on Wednesday, February 1st. Investors of document on Friday, January 13th will be issued a $.29 dividend. This is a optimistic transform from Norwood Financial’s prior quarterly dividend of $.28. This signifies a $1.16 annualized dividend and a produce of 3.48{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The ex-dividend date of this dividend is Thursday, January 12th. Norwood Financial’s payout ratio is 31.82{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Analysts Set New Price tag Targets

Separately, StockNews.com commenced protection on shares of Norwood Monetary in a exploration report on Saturday, Oct 29th. They issued a “get” rating for the enterprise.

Hedge Money Weigh In On Norwood Economical

Hedge funds and other institutional investors have not long ago included to or diminished their stakes in the stock. Cetera Advisor Networks LLC lifted its stake in shares of Norwood Fiscal by 14.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the very first quarter. Cetera Advisor Networks LLC now owns 13,942 shares of the fiscal companies provider’s inventory worthy of $399,000 after acquiring an additional 1,795 shares all through the final quarter. Dimensional Fund Advisors LP lifted its holdings in Norwood Financial by 1.{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 1st quarter. Dimensional Fund Advisors LP now owns 94,111 shares of the financial expert services provider’s inventory value $2,691,000 just after obtaining an extra 902 shares in the course of the period of time. Morgan Dempsey Money Administration LLC obtained a new posture in Norwood Monetary throughout the 1st quarter value $1,358,000. Condition Street Corp boosted its holdings in Norwood Financial by 13.{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the duration of the initial quarter. Condition Avenue Corp now owns 22,437 shares of the economic companies provider’s inventory valued at $641,000 right after buying an added 2,582 shares throughout the period. Lastly, Zullo Investment Team Inc. obtained a new stake in shares of Norwood Monetary in the next quarter valued at about $36,000. Institutional investors and hedge funds very own 16.87{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the firm’s stock.

Norwood Financial Company Profile

(Get Score)

Norwood Monetary Corp. operates as the bank keeping enterprise for Wayne Financial institution that presents a variety of banking items and expert services. The corporation accepts a range of deposit products, including fascination-bearing and non-interest bearing transaction accounts, and assertion price savings and funds market accounts, as perfectly as certificate of deposits.

Featured Tales

This fast information notify was created by narrative science know-how and economic facts from MarketBeat in purchase to deliver visitors with the fastest and most exact reporting. This tale was reviewed by MarketBeat’s editorial workforce prior to publication. You should deliver any inquiries or comments about this tale to call@marketbeat.com.

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November 1, 2022

Hong Kong changes stance and approach on Virtual Assets; OKX director reacts

VICTORIA, Seychelles, Oct. 31, 2022 (World NEWSWIRE) — The Hong Kong Govt has today issued a assertion entitled “Policy Statement on Advancement of Virtual Assets in Hong Kong” that sets out its stance and approach to acquiring a “vibrant sector and ecosystem for Virtual Property (“VA”) in Hong Kong”.

The assertion relates that the Hong Kong Authorities and economical regulators are performing towards providing a facilitating natural environment for sustainable and responsible improvement of the Hong Kong VA sector. It also stories that the Governing administration is stepping up its preparatory operate for a new licensing routine and planning to allow retail investment in Virtual Assets under sure situations. It outlines that the Governing administration is discovering a selection of pilot assignments to examination the technological positive aspects brought by the Digital Belongings sector.

Pursuing the announcement, OKX Director of Money Marketplaces Lennix Lai has offered the following insights into what the alterations are probably to imply for Hong Kong, the sector, and the world’s next biggest crypto exchange by trading volume:

On the promise presented by Hong Kong as a Virtual Belongings hub, Lai explained:
“The components that decide which marketplaces will turn into the crypto hubs of the foreseeable future consist of the jurisdiction’s rule of legislation, financial current market infrastructure, capital availability, and talent pool. Hong Kong delivers close to unmatched likely in a lot of these spots, and has generally maintained a keen target on investor security, which is of utmost importance.”

“The techniques taken in areas like the UAE and Singapore have shown that it is attainable to equilibrium investor protection and the company requirements and sensible realities of the crypto marketplace.”

On what the assertion means for OKX and the sector, Lai stated:
“It is predicted that a lot of crypto sector players—ourselves included—will be looking to re-target their initiatives on the Hong Kong market and mature their presence to the amount of a regional or even the world hub.”

“This signal from the Hong Kong Govt is very crucial and presents us a greater perception of the regulatory way that it has in thoughts for the industry. With the Govt reconsidering its stance and potentially opening up the marketplace for some retail participation, this ever more open mindset has presented us enough confidence to make the Hong Kong industry a priority. For the crypto ecosystem there to prosper, these players with Asia-Pacific headquarters in Hong Kong will need to have to attract a ton of talent. This will call for the two the presence of crypto-minded industry experts and internet migration into Hong Kong.”

Lai also commented that OKX would carefully keep track of impending regulatory developments and devote assets to making sure compliance.

In closing, Lai remarked that:
“Hong Kong has been ready for this market-friendly regulatory clarity for a long time. The Govt of Hong Kong has despatched a sturdy sign that it needs to guidance the advancement of Digital Belongings and this presents the foundational foundation that the market requires to commit and produce enterprise presences in Hong Kong.”

“The crypto field is however younger, and it needs accommodating nonetheless attentive environments in which to develop. OKX is incredibly enthusiastic to see that Hong Kong has signaled its willingness to be just these kinds of an ecosystem as it proceeds its track report of top as a world innovation hub.”

For further information and facts, remember to call:
Media@okx.com

About OKX
OKX is the second most important world crypto exchange by buying and selling volume and a main world-wide-web3 ecosystem. Reliable by more than 20 million worldwide consumers, OKX is recognised for remaining the swiftest and most dependable crypto trading app for buyers and skilled traders in all places.

As a top rated associate of English Leading League champions Manchester Metropolis F.C., McLaren Method 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the lover knowledge with new monetary and engagement prospects. OKX is also the prime associate of the Tribeca Festival as aspect of an initiative to deliver more creators into website3.

Over and above OKX’s trade, the OKX Wallet is the platform’s newest providing for men and women searching to investigate the world of NFTs and the metaverse while investing GameFi and DeFi tokens.

To learn extra about OKX, obtain our app or go to: okx.com

April 13, 2022

Job #1786: Senior Director, Finance

Posture Summary: The Senior Director, Finance is dependable for making certain dependable and exact corporate economical reporting and qualified prospects the enterprise’s ICFR attestation operate working along with the Inside Audit department supplying guidance, developing and completing inner manage templates and examining IT controls and documentation.

This function serves as the escalation place for ICFR possibility and delivers direction to business leaders and executives. The Senior Director, Finance will also help the integration of ICFR and company reporting activities for acquired firms. This purpose guides and operates with a merged crew of significant-executing onshore and offshore finance industry experts.

Obligations

· Provide as the ICFR guide for the firm, including serving as the issue of concern escalation and oversees the company’s document preparing and participation in the close-to-finish ICFR procedure and results.

· Assist in the quarterly evaluations and yr-stop audits of the corporation and interface with the outdoors auditors.

· Guarantee processes are in spot and useful to create consistent company financial reporting, together with the well timed and exact review of every month, quarterly, and once-a-year economic statements.

· Direct and perform GAAP/concern investigation. Entirely doc accounting and monetary reporting problems, including the well timed follow-through on determined possibility and problem resolution.

· Current ICFR administration course of action and audit results or challenges to management and the Audit Committee as suitable.

· Provide as the company’s call position for numerous sets of auditors.

· Drive profitable department outcomes and boost the complexion of the company’s Accounting and Finance criteria by utilizing best-follow audit/reporting procedures and troubleshooting ways fostering a course of action advancement willpower and society and implementing progressive wondering in direction of problem resolution

· Participate in M & A functions as necessary together with owing diligence and integration, making certain scalability for space of responsibility.

· Guide, extend, and mentor a workforce of finance industry experts by location a approach and prioritizing plans, employing, instruction, and building a high-executing international finance workforce.

Get the job done Experience:

● Least of seven (7) many years doing the job for a general public accounting firm with progressive enhance in tasks.

● Shown practical experience with SEC filings, which include 10-Qs, 10-Ks, and S-1s.

● Making ready and reviewing ICFR documentation for a public firm, such as documentation and assessment of IT units.

● Participating and performing with outside auditors via the audit process which includes exterior auditor attestations.

● Health care Sector working experience a additionally.

● Mentoring and main junior finance and accounting employees, and offshore resources.

Education and learning and Certifications:

● Bachelor’s degree in Accounting or Finance from an accredited college or university or college

● Recent CPA certification a will have to.

Expertise, Expertise and Abilities:

● Deep understanding of US GAAP.

● Analytical and process-oriented state of mind a must.

● Sound understanding of obtain accounting, computer software capitalization, international currency translation and inventory compensation.

● Need to be able to expeditiously research and document accounting and fiscal reporting troubles and escalate chance.

● Excellent interaction and presentation abilities to successfully convey elaborate details and meaningful perception.

● Deep expertise and techniques in the utilization of Microsoft Software program systems.

● Ability to get the job done independently and exhibit a large-stage of initiative and self-commitment.

● Ability to do the job in a quick-paced, higher-energy get the job done surroundings, and reveal a roll-up-your-sleeves perspective in direction of all do the job assignments. Should be capable to perform and coordinate numerous projects simultaneously and monitor progress.

● Exceptional administrative and accounting skills to make sure that adhere to-up commitments are delivered on time, and deadlines are achieved with good quality do the job output.

● Substantial amount of integrity and moral decision-making to express believability and construct assurance in operate solution and steps.

About CareCloud: MTBC (Nasdaq: MTBC), CareCloud, Inc. is a health care details technological know-how firm that presents a entire suite of proprietary cloud-based mostly alternatives, with each other with similar enterprise companies, to healthcare suppliers and hospitals all through the United States. Our Computer software-as-a-Provider (“SaaS”) platform incorporates earnings cycle management, exercise administration, electronic health history, company intelligence, telehealth, individual expertise administration solutions and complementary application resources and small business products and services for higher-performance medical groups and health devices. Our company headquarters is in Somerset, New Jersey and we preserve department workplaces all over the state.

Supervisory Accountability: Team of onshore and offshore Finance Pros.

Placement Classification: Complete-time exempt

Journey: Minimum

Bonus Eligibility: Certainly, up to 20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of base opportunity.

Work Spot: Incumbent may possibly to begin with do the job remotely due to the company’s Covid-19 safe and sound perform-put practices, then will be primarily based out of CareCloud, Inc.’s Somerset, New Jersey headquarters office or its Rutherford, New Jersey location.

EEO Statement: CareCloud, Inc. is an equal work prospect employer.

Physical Requires: The physical requires explained here are representative of people that will have to be fulfilled by an personnel to correctly complete the critical capabilities of this work. Even though performing the obligations of this career, the worker is consistently necessary to chat or hear. The employee commonly is expected to stand wander use palms to finger, take care of or experience and attain with arms and arms. Precise vision capabilities required by this occupation include close vision, length eyesight, colour vision, peripheral eyesight, depth notion and ability to regulate emphasis. This situation demands the capability to often raise office solutions, machines and provides, up to 20 lbs ..

ADA Statement: Sensible accommodations might be made to allow persons with disabilities to carry out vital career features.

Other Responsibilities: Please observe that this task description is not intended to include or contain a comprehensive listing of functions, responsibilities or responsibilities that are demanded of the employee for this work. Duties, tasks and actions could alter at any time with or without notice.

Fascinated customers must e-mail resume to nroth@carecloud.com. You should mention that you are a member of EisnerAmper’s Buddies of the Business application. Make absolutely sure to include Task #1786 in the issue line and to duplicate friendsoffirm@eisneramper.com on your e mail.

March 12, 2022

AFLCMC Director of Financial Management Promoted to Senior Executive Service (SES) > Air Force Life Cycle Management Center > Article Display

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On February 15, 2022, Marjana D. Zupcsan was promoted to the Senior Govt Provider (SES) in a ceremony at Air Force Lifestyle Cycle Management Center (AFLCMC) headquarters, Wright-Patterson AFB. Zupcsan is Director of Financial Management and Comptroller for AFLCMC.

Users of the SES give counsel to Air Force leadership across the power. They provide in important positions just under the level of presidential appointees.
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A profession civilian, Zupcsan started her Air Power vocation in 1989. During her vocation, she has held a selection of roles with raising duty, all at WPAFB.
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Kathy Sowers, Director of Strategic, Strategies Systems, Demands, and Analyses for Air Power Materiel Command (AFMC), presided over the induction ceremony. Sowers is also a member of the SES. She also when served as Director of Economic Management for AFLCMC.

“Everything from tactical, technological work to very equivalent management positions inside of large, advanced organization, her breath and depth makes her preferably capable for her job,” Sowers said of Zupcsan all through the induction ceremony. “Anyone who’s ever labored with Marjana tells me they are amazed at her intellect, her professionalism, her quiet demeanor and her ability to variety and guide large accomplishing teams that just validates what I presently realized: we created a great decision choosing Marjana for the senior executive company.”

Zupcsan resolved an in-particular person and Zoom viewers, noting her superior school mates, the “babes of 85” provided fantastic help all through her SES journey. She recalled assistance from her late dad and mom, relatives and a long list of coworkers.

“Back around the decades – my 30 in addition years – I will convey to you I have I have been surrounded by so quite a few excellent men and women. They were always looking to embrace me, [to] aid me understand, support me mature skillfully and individually. They gave me a lot of chances to excel.”

With gratitude, Zupcsan stated all the finance industry experts doing work below her steering, noting their ingenuity and tenacity to comprehensive the mission, even in moments of upheaval like government shutdowns, furloughs and uncertainty from continuing resolutions.

As section of the official induction ceremony, the SES nominee can take an oath to defend the Structure of the United States. A lapel pin signifies membership as does a distinctive flag featuring 13 stars and SES symbol. The SES flag is shown in a member’s place of work or when offering a speech.

A picture gallery of the promotion ceremony is available down below. (U.S. Air Force shots by Jim Varhegyi.)
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October 16, 2021

Nashville again seeking new finance director | Local News

Right after several several years of upheaval in its finance division, the Town of Nashville is acquiring back on track and is wanting for a new finance director.

Samantha Sanchez, the town’s newest finance director, resigned productive Sept. 17. She had served in the position comprehensive-time for approximately two years but is transferring on to a new position in the finance department for the City of Wake Forest, Nashville Town Supervisor Randy Lansing explained in a modern interview.

“She has been an great finance director, and we actually loathe to shed her,” Lansing stated. “We had a whole lot of things on the publications that desired to be cleaned up. Ms. Sanchez took time to function with the auditor and get us again on keep track of.”

Nashville is now off the Nearby Govt Commission Watchlist just after investing the very last quite a few decades less than scrutiny. In a recent assertion, Condition Treasurer Dale Folwell introduced that the Community Governing administration Commission experienced taken off 38 entities from its Unit Assistance Record, a monitoring gadget that flags and tracks regional governments and public authorities battling money and governance challenges.

The Town of Nashville was amongst the 27 towns, eight counties and a few utility districts commended for their development. These entities, the statement reported, “had designed these kinds of sizeable advancements that they ended up no extended included on the list.”

“This is extremely superior news for individuals area governments since it provides balance to their operations,” Folwell explained in the assertion. “By maximizing governance, transparency and stewardship of the revenue entrusted to them, these models have demonstrated a route forward that some others can design.”

The city experienced faced censure for particular accounting techniques that placed it on the check out record. In a letter dated Jan. 28, 2020, the fee pointed out improvement but nevertheless experienced worries.

“The team of the Local Governing administration Commission analyzed the audited economical statements of the City of Nashville for the fiscal yr ended June 30, 2019,” the letter said. “We observe that the municipality has created development. Our workplace has obtained the audit for the fiscal year finished June 30, 2019 … We commend the governing board, team and citizens for this improvement. On the other hand, there are continue to major fiscal and operational troubles that have to be addressed in purchase to further more your attempts to strengthen the municipality’s fiscal operations.”

The letter famous special fears about the way transfers ended up manufactured from the town’s drinking water and sewer fund, noting that some ended up unbudgeted transfers manufactured opposite to condition regulation.

There was also concern about the timeliness of document-keeping and reviews throughout the recent interval of upheaval in the Nashville Finance Section.

“We noted different weaknesses about your municipality’s inner controls that were communicated in crafting to you by the auditor,” the letter mentioned. “We are in particular anxious that the auditor noted as a material weak point that reconciliations of considerable accounts were being not performed in a timely way. This item noted by the auditor was identified to support the Board in improving upon the municipality’s total accounting technique. We notice that you have developed a corrective motion program to eradicate these weaknesses. The corrective motion approach that was recognized was insufficient.”

At that level, the auditor’s office environment acknowledged that modern workers troubles in the finance section have been element of the issue but ended up not an justification.

“Despite turnover within employees, lender reconciliations should really be reconciled accurately to the standard ledger monthly. We really encourage the board to keep an eye on the municipality’s progress in applying this strategy and urge you to build a corrective motion prepare to get rid of the other objects discovered by the auditor,” the letter said.

The city has confronted a good deal of turnover in the finance division since previous finance director Linda Modlin was fired at approximately the exact time that former city supervisor Hank Raper was dismissed in June 2018. Modlin served as the town’s finance director from Aug. 19, 2014, to June 29, 2018, but was on administrative leave for the very last handful of months of her tenure.

In accordance to details furnished by Nashville Human Source Director Lou Bunch, Lynne Hobbs served briefly as interim deputy finance director from June 4, 2018, right up until Melonie Bryan was hired to provide as interim finance director on July 30, 2018. Hobbs now is a Nashville town councilwoman.

Bryan served as the town’s interim finance director for the future year. For the duration of this time, Russell Langley was employed as the assistant finance director on Feb. 26, 2019, and was qualified with the intention of owning him get on the posture of finance director subsequent a probation interval.

Even so, Langley resigned on Aug. 26, 2019, ahead of assuming the job, Bunch claimed.

Sanchez was hired on Sept. 30, 2019, and has served as the town’s finance director at any time considering the fact that. In the course of that time, she was mostly responsible for the town’s removal from the LGC enjoy list, Lansing stated.

The city is now promoting for a new finance director. According to the advert posted by the city on its website, city officials are searching for anyone who “is trying to find an seasoned expert with powerful interpersonal and monetary competency skills to oversee the city’s $15 million budget.”

The city also is looking for a person with three to 5 decades of “progressively dependable governmental accounting and fiscal administration knowledge, preferably in a local government environment and supervisory experience.”

The income assortment supplied for the place is $65,000 to $97,418. For a lot more information and facts or to utilize, go to the town’s website.