OSV Celebrates the Election of Pope Leo XIV
"When Fr. John Francis Noll founded Our Sunday Visitor in Huntington, Indiana, in 1912, I am sure he would have been delighted to know that, a little over a century later, the College of Cardinals would elect a pope not just from America, but from the heartland of the Midwest," said OSV CEO Kyle Hamilton. "Through OSV's unique publishing agreements with the Vatican and the USCCB, we look forward to bringing the writings of Pope Leo XIV to Catholics in the United States and beyond."
"For the first American pope to take the name of Leo at this moment in history seems providential," noted OSV Publisher Scott P. Richert. "The Church in the United States strongly embraced the social teaching of Pope Leo XIII in his encyclical Rerum Novarum, creating more just economic and political institutions nationwide, while also experiencing massive growth in numbers and influence in America in the first half of the 20th century. Let us pray that Pope Leo XIV inspires a similar resurgence today in the Church in the United States, which is already growing as a result of the National Eucharistic Revival."
On May 16, OSV Books will release Pope Leo XIV, the first and most comprehensive introduction to the 267th pope, which also details the global challenges Pope Leo faces in succeeding Pope Francis as Bishop of Rome. Written by Jesús Colina, a prominent Spanish journalist based in Rome, Pope Leo XIV can be preordered on OSVBooks.com.
OSV invites the faithful to visit the websites for OSV News, the premier Catholic news service in the United States, and Our Sunday Visitor magazine for comprehensive coverage of, and thoughtful reflection on, this historic moment in the life of the Church, leading up to Pope Leo XIV's inauguration Mass on May 18. Visit www.OSVNews.com and www.OurSundayVisitor.com for ongoing updates.
ABOUT OSVAs the leading Catholic publisher in the United States, OSV provides products and solutions to more than nine of every ten Catholic parishes and every Catholic diocese in the country. Founded in 1912 by Father John Francis Noll, the company continues to serve the Church through a wide range of products and services. From daily and monthly publications, to software solutions, fundraising and consulting services, curriculum products, trade books, and parish publications, OSV helps individual Catholics, families, parishes, and dioceses to grow closer to Christ and contribute to the growth and vitality of his Church in the world. A not-for-profit Catholic organization, OSV has been supporting the needs of the Church for over a century. Learn more at www.osv.com.
View original content:https://www.prnewswire.com/news-releases/osv-celebrates-the-election-of-pope-leo-xiv-302452494.html
SOURCE Our Sunday Visitor
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Newsweek
34 minutes ago
- Newsweek
National Parks to Change Under Trump Executive Order: What to Know
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. President Donald Trump signed an executive order on Thursday to increase entry fees to U.S. national parks for foreign visitors. The White House said the additional revenue would go toward improving infrastructure and enhancing visitor access and enjoyment across the National Park System. Newsweek contacted the Interior Department and the National Park Service via email on Friday outside regular working hours. Why It Matters At a rally on Thursday, the president described the increase in foreign visitor fees as an extension of his administration's "America First" policies to the tourism industry. The fee increase could also help cover funding gaps as the Trump administration seeks to dramatically cut the National Park Service's budget. What To Know The new executive order instructs Interior Secretary Doug Burgum to "develop a strategy to increase revenue and improve the recreational experience at national parks by appropriately increasing entrance fees and recreation pass fees for nonresidents in areas of the National Park System that charge" such fees. It did not specify when fees would rise or by how much. Of the 433 park units managed by the National Park Service, about 100 charge admission fees, the costs of which vary. The National Park Service's logo. The National Park Service's logo. Getty Images The order also said American residents should be given "preferential treatment" in accessing national parks. The Interior Department estimated that a surcharge for foreign visitors would generate more than $90 million annually in its 2026 fiscal year budget proposal. The move to increase fees for foreign visitors comes as the Trump administration has proposed cutting the National Park Service's budget by more than $1 billion, a third of its budget the prior year, and has sought to reduce the size of its staff. The number of permanent staff at the agency has dropped by 24 percent since Trump took office in January, according to analysis by the National Parks Conservation Association. Thursday's executive order also revoked a memorandum that then-President Barack Obama signed in January 2017, which sought to promote diversity and inclusion at national parks. What People Are Saying President Donald Trump said at a rally in Iowa on Thursday: "To fund improvements and enhanced experiences across the park system, for this anniversary I've just signed an executive order to raise entrance fees for foreign tourists while keeping prices low for Americans. And we're going to do that. The national parks will be about America First." What Happens Next While the executive order directs the secretary of the interior to develop a strategy for increasing fees on foreign visitors, it does not set a timeline or specify by how much the fees will rise. The secretary is expected to offer details about implementation in the coming months.
Yahoo
an hour ago
- Yahoo
Jeff Bezos and Lauren Sánchez Say 'I Do' in Venice Wedding Marred by Billionaire-Bashing Protests
Jeff Bezos and Lauren Sánchez are officially married. The Amazon billionaire and former TV anchor tied the knot Friday in a lavish celebration in Venice, Italy. More from The Hollywood Reporter Matty Healy Gives Mixed Message on Politics as The 1975 Kick Off Glastonbury Headline Sets Trump "Terminating" U.S.-Canada Trade Talks Over Streaming Tax Germany Arrests Syrian National Over 2024 Terrorist Plot At Taylor Swift Show The three-day, $10 million extravaganza reportedly took over the whole island of San Giorgio Maggiore, opposite Venice's historic St. Mark's Square, with a guest list that boasted Oprah, Bill Gates, Kim Kardashian, Kris Jenner, Karlie Kloss, Ivanka Trump, Orlando Bloom, Jewel, Leonardo DiCaprio, Barry Diller and Diane von Furstenberg. The couple hosted A-list attendees in heavily booked hotels across the city, including at the Aman, where George and Amal Clooney tied the knot in 2014; Gritti Palace; The St. Regis; Hotel Danieli; and Belmond Cipriani. Vogue boss Anna Wintour reportedly helped Sánchez select her dress for the ceremony, and word spread that Elton John was asked to perform. It's hard to expect any less from Bezos, one of the world's richest men (valued at $233 billion), whose wedding planners have commandeered many of the city's resources. But a portion of Venice natives were not so welcoming. Blocked streets and boat reroutes prompted a group of them to make their feelings known. Banners reading, 'If you can rent Venice for your wedding, you can pay more tax,' and, 'No Space for Bezos' — referencing the American businessman's cosmic aspirations with his space-travel firm Blue Origin — were displayed in Venice ahead of the nuptials. Meanwhile, other protesters threatened to fill the canals with inflatables, dinghies and boats to obstruct Bezos' water taxis. Graffiti and stickers plastered on walls remarked: 'Veniceland: A playground fit for an oligarch.' Greenpeace Italy and U.K.-based group Everyone Hates Elon, which The Hollywood Reporter recently spoke to about their billionaire-bashing efforts, joined in by unveiling the aforementioned tax-angled message on a 400-square-meter banner in the middle of St. Mark's Square on Monday. It was swiftly removed by police. According to a 2021 ProPublica report based on IRS data, in 2007 and again in 2011, Bezos managed to pay nothing in federal income tax, and his tax rate from 2014 to 2018 was estimated to be just 0.98 percent. Chief among the concerns are Venice's already-overcrowded streets, worsened by the constant influx of tourists, and climate change contributing to a sinking city. 'Bezos' wedding is a symbol of extreme wealth, privilege and a lot of things that are going wrong currently in the world,' said Greenpeace campaigner Clara Thompson, who added that the wedding took place in 'one of the world's most climate-vulnerable cities.' Among Amazon's biggest critics are climate activists who denounce the company's carbon emissions, packaging waste and reported destruction of unsold goods. The pop-up protests seemed to have worked: The BBC reported on Tuesday that a local official confirmed that the wedding celebrations, set to take place at the Scuola Grande della Misericordia, would take place instead at the Arsenale, farther from the city center. Still, the now-married couple reportedly quietly donated to Venetian charities in April and sourced 80 percent of their wedding provisions from local vendors. On Monday, Luca Zaia, president of the surrounding Veneto region, announced a 1 million euro ($1.16 million) donation by Bezos and Sánchez to the Corila Consortium, an international scientific research group doing work on the Venice lagoon, according to CNN. 'The generous donation by Jeff Bezos and Lauren Sánchez represents an act of great sensitivity and foresight,' Zaia said. 'Venice is not only a symbolic city of Veneto and Italy, it is a heritage of humanity that demands attention, respect and care.' Conservative Mayor Luigi Brugnaro, who has run Venice for 10 years, condemned the protests. 'Whoever loves Venice will always be welcome,' he said, while other city officials promised 'the celebrations, attended by 250 guests, will blend into the daily rhythm of the city.' Bezos' wedding planners from the London-based Lanza & Baucina events company said in a statement to Page Six that they had been actively working to avoid negative effects on the city. 'We have always acknowledged the wider debate and critical issues surrounding the city's future, and from the outset, our client has been honored to support the city and its all-important lagoon through non-profit organizations and associated projects,' the company said. Best of The Hollywood Reporter Seeing Double? 25 Pairs of Celebrities Who Look Nearly Identical From 'Lady in the Lake' to 'It Ends With Us': 29 New and Upcoming Book Adaptations in 2024 Meet the Superstars Who Glam Up Hollywood's A-List
Yahoo
an hour ago
- Yahoo
Institutional investors control 75% of Pan African Resources PLC (LON:PAF) and were rewarded last week after stock increased 4.3%
Given the large stake in the stock by institutions, Pan African Resources' stock price might be vulnerable to their trading decisions 53% of the business is held by the top 7 shareholders Recent sales by insiders Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Every investor in Pan African Resources PLC (LON:PAF) should be aware of the most powerful shareholder groups. With 75% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). And things are looking up for institutional investors after the company gained UK£40m in market cap last week. The gains from last week would have further boosted the one-year return to shareholders which currently stand at 86%. Let's take a closer look to see what the different types of shareholders can tell us about Pan African Resources. See our latest analysis for Pan African Resources Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in Pan African Resources. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Pan African Resources' historic earnings and revenue below, but keep in mind there's always more to the story. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don't have a meaningful investment in Pan African Resources. Looking at our data, we can see that the largest shareholder is Allan Gray Proprietary Ltd. with 12% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 11% and 10%, of the shares outstanding, respectively. We did some more digging and found that 7 of the top shareholders account for roughly 53% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own less than 1% of Pan African Resources PLC. Keep in mind that it's a big company, and the insiders own UK£5.0m worth of shares. The absolute value might be more important than the proportional share. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying. With a 12% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Pan African Resources. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Like risks, for instance. Every company has them, and we've spotted 3 warning signs for Pan African Resources (of which 1 is a bit unpleasant!) you should know about. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. — Investing narratives with Fair Values Suncorp's Next Chapter: Insurance-Only and Ready to Grow By Robbo – Community Contributor Fair Value Estimated: A$22.83 · 0.1% Overvalued Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth By Chris1 – Community Contributor Fair Value Estimated: €14.40 · 0.3% Overvalued Tesla's Nvidia Moment – The AI & Robotics Inflection Point By BlackGoat – Community Contributor Fair Value Estimated: $384.84 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error 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
