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Ticker: CNB announces Q3 profit of $28.1M

Local Business

CNB Financial Corp. on Wednesday reported third-quarter profit of $28.1 million. The bank, based in Clearfield, Pennsylvania, said it had earnings of 91 cents per share. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. The bank holding company posted revenue of $126.5 million in the period. Its revenue net of interest expense was $88.3 million, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $88 million. Tesla’s Q3 profit drops as it may merge ...

Meta Platforms Q3 revenue tops estimates

Local Business

Meta Platforms said Wednesday that its third-quarter profit jumped more than threefold, as revenue climbed sharply. The parent company of Facebook and Instagram reported net income of $9.86 billion, or $3.83 per share, for the July-September period. That’s up from a profit of $2.71 billion, ...

Briefcase: Stultz family to receive Blair Chamber ACE award

Local Business

The Blair County Chamber’s Ag Committee will celebrate the agricultural com­munity during the Farm-City Dinner set for Tuesday, Nov. 10, at Morrisons Cove Memorial Park, Martinsburg. One of the high­lights of the evening is the presenta­tion of the Agricultural Community Excellence Award to the Stultz family of Williamsburg. Rob and Tammy Stultz transitioned from dairy farming to running a suc­cessful swine production facility. The couple have dedicated their lives to Blair County agriculture and their community. The Farm-City dinner begins at 6 p.m. with a milk punch ...

Pennsylvania State House passes bill on license plate readers

Local News

The state House on Monday gave overwhelming bipartisan approval to a bill to establish Pennsylvania’s first rules on the automated license plate readers that have stirred controversy nationwide. Opponents claimed it would inhibit law enforcement, which is already using the networked cameras ...

Local human service agencies rate ‘treatment first’ initiative

Local News

According to executive directors of two local human service agencies, the new “treatment first” model of care for individuals with mental health and substance abuse problems hasn’t caused problems and hasn’t led to major changes so far. What it might look like in practice, however, is still unclear. An executive order last year from President Donald Trump called for federal support for housing first, while his proposed budget for next year would eliminate an initiative that mostly supports that policy, according to the Associated Press. The main thrust of the new approach has ...

Penn Cambria student honored for saving classmate

Local News

CRESSON — The Penn Cambria School Board recognized one of its students for putting his lifesaving skills into action last month. District officials said sophomore Isaac McCloskey potentially saved the life of one of his classmates during class Sept. 22. The student reportedly choked on a ...