First Northwest Bancorp
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Financials : Banks | Small Cap Blend
Company profile

First Northwest Bancorp is the bank holding company for First Federal Savings and Loan Association of Port Angeles (the Bank). The Bank is a community-oriented financial institution primarily serving the North Olympic Peninsula region of Washington. The Bank offers a range of products and services focused on the lending and depository needs of the communities it serves. The Bank provides commercial and consumer banking services to individuals and businesses located primarily on the Olympic Peninsula in the State of Washington. These services include deposit and lending transactions that are supplemented with borrowing and investing activities. The Bank's principal lending activities are focused on first lien one- to four-family mortgage loans, and commercial and multi-family real estate loans. The Bank also makes construction and land loans (including lot loans), commercial business loans and consumer loans.

Closing Price
Day's Change
-0.69 (-4.05%)
B/A Size
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Day's Low
(Heavy Day)

10-day average volume:

UPDATE: Zoom Video adds online events, apps to service

11:31 am ET October 14, 2020 (MarketWatch)

By Jon Swartz

OnZoom is a new platform for online events such as classes and entertainment in the U.S.

Zoom Video Communications Inc., which has flourished during the pandemic, spurring a 653% jump in its stock price this year, is adding online events and apps to its toolkit.

On Wednesday, the company announced two new services -- OnZoom and Zapps -- to kick off its annual user conference, Zoomtopia. Zoom (ZM) also is scheduled to hold a financial analyst meeting Wednesday.

OnZoom is a new platform for online events such as classes and entertainment in the U.S. Events are free and paid, with up to 1,000 participants. It is intended for anyone from an individual to small businesses and enterprises to host.

If this sounds familiar, that's because Facebook Inc. (FB) in August introduced a new feature in 20 countries for paid online events ( like a yoga class or seminar for small businesses, creators, educators, and publishers via the social-networking giant's platform. Called Now Pages, it allows for the creation of an online event, setting prices, promoting the event, and collecting payment for hosts of the event. Facebook will not collect any fees for paid online events for at least the next year.

The other product announcement from Zoom, called Zapps, allows for applications to be embedded in meetings and seminars. Its goal is to "enhance collaboration before, during, and after a meeting," Ross Mayfield, who leads product integration at Zoom, said in a virtual briefing Tuesday.

Among the hundreds of apps under development is one from Dropbox Inc. (DBX) to improve meeting workflow. Other app developers include Box Inc. (BOX), Slack Technologies Inc. (WORK) and ServiceNow Inc. (NOW).

This year's Zoomtopia user conference is virtual, and expected to be attended by 50,000. In his keynote address Wednesday morning, company chief executive Eric Yuan touched on the cultural zeitgeist of the company and reviewed its technology, including the additions of OnZoom and Zapps.

"We believe the future is a true hybrid" of working from home and going into the office, Yuan said, necessitating the need for devices -- including cars -- and applications that take both into consideration.

-Jon Swartz; 415-439-6400;

(END) Dow Jones Newswires

October 14, 2020 11:31 ET (15:31 GMT)

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