Tag Archives: Santa Rosa

Pope Francis' successor in Argentina assumes post

Argentine Mario Poli was inaugurated as the new archbishop of Buenos Aires on Saturday, taking over the post held by Jorge Bergoglio before he became Pope Francis.

Poli, 66, was named to the position by Francis in late March and Vatican envoy Emil Paul Tscherrig welcomed him in the name of the pope in the ceremony at the capital’s metropolitan cathedral, saying the pontiff “accompanies us from Rome.”

Argentine President Cristina Fernandez, who was traveling in Peru and Venezuela, did not attend the ceremony but several of her Cabinet ministers did.

“The arrival of the replacement for Bergoglio generates enthusiasm, expectations and hope, and we wish him the best in his pastoral activities in Buenos Aires,” said Julian Dominguez, the head of the Chamber of Deputies.

Poli is a priest very much in Francis’ vein, focused on pastoral work. He has been the bishop in Santa Rosa in the rural La Pampa province, and from 2002-2008 he served as one of then-Cardinal Bergoglio‘s auxiliary bishops in Buenos Aires, but he was not among the church officials rumored to be top candidates for the post.

He has a doctorate in theology from the Catholic University of Argentina, but before he was ordained as a priest in 1978, he earned a degree in social work from the public University of Buenos Aires, known as UBA. That apparently impressed Bergoglio, who talked about the benefits of such training in a 2012 book, “On Heaven and Earth.”

From: http://feeds.foxnews.com/~r/foxnews/world/~3/sq6v14x2kws/

AltaPacific Bancorp Extends Share Repurchase Program

By Business Wirevia The Motley Fool

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AltaPacific Bancorp Extends Share Repurchase Program

SANTA ROSA, Calif.–(BUSINESS WIRE)– AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today announced that its Board of Directors has authorized an extension of the Company’s share repurchase program for an additional $1.5 million of the Company’s common stock through April 30, 2014. The Company’s repurchase program was originally announced on May 4, 2012. Since that date, the Company has invested approximately $620,000 to repurchase and retire 94,500 shares of its common stock at an average price of $6.56 per share.

Purchases made pursuant to the program will be made in either the open market or in privately negotiated transactions from time to time as permitted by federal securities laws and other legal requirements. The timing, manner, price and amount of any repurchase will be determined by the Company in its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors. The Company has no obligation to repurchase any shares under this program and the program may be suspended or discontinued at any time.

Charles O. Hall, President and Chief Executive Officer, commented, “The Board’s decision to extend the repurchase program reflects their ongoing confidence in the Company’s future prospects. Management and the Board of Directors believe the repurchase program is an attractive opportunity to enhance shareholder value, while also providing liquidity for shareholders.”

About AltaPacific Bancorp and AltaPacific Bank:

AltaPacific Bancorp is the parent company for AltaPacific Bank. The Company’s stock trades over the counter under the symbol ABNK. AltaPacific Bank is an independent business bank headquartered in Santa Rosa, California and has offices in Santa Rosa, Rancho Cucamonga and Covina, California. The bank is focused on meeting the specialized needs of small to medium-sized businesses and professionals throughout California. The U.S. Small Business Administration has approved the bank as a PLP lender (Preferred Lender Program). PLP status is the highest lending designation granted by the SBA and it is only granted to its most experienced lenders. For additional information, please contact us at (707) 236-1500 or online at www.apbconnect.com.

Forward-Looking Statements

This press release contains forward-looking statements. These forward-looking statements involve risks and uncertainties and are based on the beliefs and assumptions of the management of AltaPacific Bancorp and its subsidiary AltaPacific Bank and on information available to management at the time these statements were made. …read more
Source: FULL ARTICLE at DailyFinance

Pope names successor in Buenos Aires

Pope Francis has made his first bishop appointment, naming the bishop of Santa Rosa, Argentina as his successor as archbishop of Buenos Aires and the top churchman in Argentina.

Archbishop Mario Poli had been an auxiliary bishop in the Argentine capital in 2002-2008 while the former Cardinal Jorge Mario Bergoglio was archbishop.

The 66-year-old Poli, trained in social work, made news recently when he publicly dressed-down a priest who had posted a Facebook greeting on the birthday of former Argentine dictator Jorge Videla.

Argentine media say Poli is very much a priest in Francis’ vein, less political and more pastoral.

…read more
Source: FULL ARTICLE at Fox World News

Sheriff: Race crash victim was driver's cousin

A California raceway crash killed a race car owner and the young cousin of the teenage driver whose vehicle careened off the track before it struck the two victims, authorities said Sunday.

Dale Wondergem Jr., 68, and Marcus Johnson, 14, were in the pit area when they were hit about 6 p.m. Saturday at the Marysville Raceway Park, about 40 miles north of Sacramento, according to the Yuba County Sheriff’s Department. Wondergem, of Grass Valley, was pronounced dead at the scene, and Marcus Johnson, of Santa Rosa, was pronounced dead shortly after arrival at a hospital, authorities said.

Marcus Johnson was identified by authorities as the cousin of 17-year-old driver Chase Johnson, who was not injured in the collision. The younger victim was not an official member of his cousin’s crew. Authorities are investigating why he was in the pit area, according to Undersheriff Jerry Read said.

The Marysville raceway was hosting the California Sprint Car Civil War Series on the opening day of its season. Wondergem owned one of the race cars at the track Saturday, but not the one involved in the crash, Read said.

The crash occurred when six or seven “winged sprint cars” were doing warm-up laps before the start of a scheduled race. Chase Johnson‘s car left the track at an undetermined speed and hit Wondergem and Johnson before it tipped on its side, sheriff’s officials said.

The Yuba County Sheriff’s Department and California Highway Patrol are investigating the cause of the crash. Investigators will conduct autopsies on the victims on Monday and Tuesday.

No one else was injured in the crash, and spectators were never in jeopardy, authorities said.

Messages left for the Marysville Raceway‘s spokesman and promoters were not immediately returned Sunday.

Chase Johnson of Penngrove is a senior at Petaluma High School north of San Francisco and is a fourth-generation race car driver, according to his website. He did not respond to an email seeking comment Sunday.

Johnson has been racing for three years at the Petaluma Speedway, where he’s won multiple races and was last year’s series champion. His father, grandfather and great-grandfather were also champion drivers in Petaluma, where the family owns a muffler shop, said Ron Lingron, the track announcer at Petaluma Speedway

…read more
Source: FULL ARTICLE at Fox US News

Umpqua Bank Opens Its Doors in San Jose

By Business Wirevia The Motley Fool

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Umpqua Bank Opens Its Doors in San Jose


Store is First of Two Bay Area Flagships to Open in 2013

PORTLAND, Ore.–(BUSINESS WIRE)– Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NAS: UMPQ) , opens the doors to its latest flagship location today in San Jose, Calif., adding its high-touch community and business banking services to the downtown neighborhood.

The San Jose flagship, the first of two Bay Area stores set to open in 2013, features Umpqua’s innovative retail store design. Customers will be greeted at the 225 West Santa Clara location by Umpqua’s Discover Table, an interactive touchscreen featuring local events and details about the store’s products and services, as well as free wi-fi, and a reCharge Bar for visitor use and convenience. Like all Umpqua Bank stores, the San Jose flagship also features a phone with a direct line to the company’s CEO.

San Jose is a global hub for innovative companies and ideas, and we’re pleased to add Umpqua’s unique form of banking to the region,” said Ray Davis, Umpqua Bank president and CEO. “The opening of this flagship location in San Jose, combined with our acquisition of Circle Bank last fall and upcoming San Francisco flagship store later this year, demonstrates our commitment to the area and we look forward to being an active member of the community.”

San Jose is Umpqua Bank‘s seventh store in the greater Bay Area, joining locations in Noe Valley, Novato, Corte Madera, Santa Rosa, San Rafael and Petaluma. The store will be open from 9 a.m. to 6 p.m. Monday through Friday, and 10 a.m. to 2 p.m. on Saturday. In addition to the community bank on the first floor of the 225 West Santa Clara store, Umpqua Bank‘s commercial lending, home lending and business banking teams will also be located in the building, providing a full complement of banking services to consumers and businesses in San Jose.

About Umpqua Bank

Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation with locations between San Francisco and Seattle, along the Oregon and Northern California Coast, and in Central Oregon and Northern …read more
Source: FULL ARTICLE at DailyFinance