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AM Best Revises Outlooks to Negative for Florida Farm Bureau Group’s Members

Wednesday, October 20, 2021 - 10:02pm

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- (Excellent) of Florida Farm Bureau Casualty Insurance Company and its fully reinsured subsidiary, Florida Farm Bureau General Insurance Company, collectively referred to as Florida Farm Bureau Group.

Key Points: 
  • AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- (Excellent) of Florida Farm Bureau Casualty Insurance Company and its fully reinsured subsidiary, Florida Farm Bureau General Insurance Company, collectively referred to as Florida Farm Bureau Group.
  • The Credit Ratings (ratings) reflect Florida Farm Bureau Groups balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management (ERM).
  • Additionally, the ratings reflect enhancement given the implicit and explicit support provided by its parent, Southern Farm Bureau Casualty Insurance Company.
  • Florida Farm Bureau Groups business profile assessment reflects the groups limited operating territory within a hurricane-prone state.

Quidel to Hold Fiscal Third Quarter 2021 Financial Results Conference Call on November 4th, 2021

Wednesday, October 20, 2021 - 10:30pm

Quidel Corporation (NASDAQ: QDEL), a leading provider of rapid diagnostic testing solutions, cellular-based virology assays and molecular diagnostic systems, will report fiscal third quarter 2021 financial results after market close on Thursday, November 4, 2021.

Key Points: 
  • Quidel Corporation (NASDAQ: QDEL), a leading provider of rapid diagnostic testing solutions, cellular-based virology assays and molecular diagnostic systems, will report fiscal third quarter 2021 financial results after market close on Thursday, November 4, 2021.
  • Following the release of results, Douglas Bryant, president and chief executive officer, and Randy Steward, chief financial officer, will host an investment community conference call beginning at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the results and answer questions.
  • During the conference call, the company will also discuss business and financial developments and trends.
  • The company's statements may contain or constitute material information that has not been previously disclosed.

Australian Digital Banking Platform, Data Action, Takes a Lead in AML Compliance With Napier

Wednesday, October 20, 2021 - 11:00pm

RegTech company Napier , provider of advanced anti-financial crime compliance solutions, has announced that specialist core banking and digital services provider Data Action will use the full Napier platform to strengthen its anti-money laundering (AML) and counter terrorism financing (CTF) defences in servicing Australias alternative banking industry.

Key Points: 
  • RegTech company Napier , provider of advanced anti-financial crime compliance solutions, has announced that specialist core banking and digital services provider Data Action will use the full Napier platform to strengthen its anti-money laundering (AML) and counter terrorism financing (CTF) defences in servicing Australias alternative banking industry.
  • With over 30 years experience, Data Action represents more than $52.5 billion in client assets, supporting credit unions, mutuals, neobanks and other financial services organisations throughout Australia with its hosted core banking services and digital banking solutions.
  • Justin Needham, Ancillary Systems and Lending Manager at Data Action, said: As Data Action has grown, it was increasingly difficult to adapt our AML/CTF systems to the changing regulatory environment.
  • Napier has a growing list of clients globally, including tier one banks, payment services providers, FX and crypto.

Sturm, Ruger & Company, Inc. to Report Third Quarter 2021  Financial Results on Wednesday, November 3, 2021

Wednesday, October 20, 2021 - 10:05pm

Sturm, Ruger & Company, Inc. (NYSE-RGR) will announce its financial results for the third quarter 2021 and file its Quarterly Report on Form 10-Q on Wednesday, November 3, 2021, after the close of the stock market.

Key Points: 
  • Sturm, Ruger & Company, Inc. (NYSE-RGR) will announce its financial results for the third quarter 2021 and file its Quarterly Report on Form 10-Q on Wednesday, November 3, 2021, after the close of the stock market.
  • On Thursday, November 4, 2021, Sturm, Ruger will host a webcast at 9:00 a.m.
  • ET to discuss the third quarter operating results.
  • Sturm, Ruger & Co., Inc. is one of the nation's leading manufacturers of rugged, reliable firearms for the commercial sporting market.

Dialpad Partners With CNS to Deliver Better Customer Experiences to More Australian Organizations, CNS Selects Dialpad to Power Its Business Communications

Wednesday, October 20, 2021 - 11:00pm

The Dialpad-CNS partnership will bring a truly unified, cloud-first communication solution to schools, communities, government entities and businesses across Australia.

Key Points: 
  • The Dialpad-CNS partnership will bring a truly unified, cloud-first communication solution to schools, communities, government entities and businesses across Australia.
  • Partnering with Dialpad enriches CNSs position as a leading provider of cloud communications solutions and significantly expands its product portfolio with both business communications and contact center solutions from Dialpad.
  • In addition to helping other companies migrate to Dialpad, CNS will leverage the Dialpad platform for its own communications needs.
  • The Dialpad cloud-native communications platform is the one place for a truly unified Communications as a Service (TruCaaS) experience.

Catalent, Inc. Announces First Quarter Fiscal Year 2022 Earnings Conference Webcast

Wednesday, October 20, 2021 - 10:15pm

The Companys management will host a webcast to discuss the results at 8:15 a.m.

Key Points: 
  • The Companys management will host a webcast to discuss the results at 8:15 a.m.
  • Catalent invites all interested parties to listen to the webcast, which will be accessible through Catalents website at http://investor.catalent.com .
  • A supplemental slide presentation will also be available in the Investors section of Catalents website prior to the start of the webcast.
  • The webcast replay, along with the supplemental slides, will be available for 90 days in the Investors section at www.catalent.com .

First Trust Announces Appointment of New Trustee for Funds

Wednesday, October 20, 2021 - 10:00pm

The exchange traded funds, closed-end funds, mutual funds and variable insurance funds (collectively, the Funds) advised by First Trust Advisors L.P. (FTA) announced the appointment of Denise M. Keefe as a Trustee of each of the Funds, effective November 1, 2021.

Key Points: 
  • The exchange traded funds, closed-end funds, mutual funds and variable insurance funds (collectively, the Funds) advised by First Trust Advisors L.P. (FTA) announced the appointment of Denise M. Keefe as a Trustee of each of the Funds, effective November 1, 2021.
  • The appointment is applicable to all First Trust exchange-traded funds, mutual funds and variable insurance funds, each of which are included in the following trusts: First Trust Series Fund, First Trust Variable Insurance Trust, First Trust Exchange-Traded Fund, First Trust Exchange-Traded Fund II, First Trust Exchange-Traded Fund III, First Trust Exchange-Traded Fund IV, First Trust Exchange-Traded Fund V, First Trust Exchange-Traded Fund VI, First Trust Exchange-Traded Fund VII, First Trust Exchange-Traded Fund VIII, First Trust Exchange-Traded AlphaDEX Fund and First Trust Exchange-Traded AlphaDEX Fund II.
  • In connection with the closed-end funds advised by FTA, Ms. Keefe has been appointed as a Class I Trustee of the Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund, First Trust Energy Income and Growth Fund, First Trust Enhanced Equity Income Fund, First Trust/Aberdeen Global Opportunity Income Fund, First Trust Mortgage Income Fund, First Trust/Aberdeen Emerging Opportunity Fund, First Trust Specialty Finance and Financial Opportunities Fund, First Trust High Income Long/Short Fund, First Trust Energy Infrastructure Fund, First Trust MLP and Energy Income Fund, First Trust Intermediate Duration Preferred & Income Fund, First Trust New Opportunities MLP & Energy Fund and First Trust Dynamic Europe Equity Income Fund and a Class II Trustee of the First Trust Senior Floating Rate Income Fund II, First Trust Senior Floating Rate 2022 Target Term Fund and First Trust High Yield Opportunities 2027 Term Fund.
  • FTA has collective assets under management or supervision of approximately $207 billion as of September 30, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separately managed accounts.

Chicago Scenic Studios Names Theme Park Industry Veteran to Head Up Florida Operations

Wednesday, October 20, 2021 - 9:59pm

The leading creator of unique, engaging, and crowd-pleasing experiences Chicago Scenic Studios has named seasoned theme park industry insider, Jason Ohlsen, as the new head of the companys Florida office.

Key Points: 
  • The leading creator of unique, engaging, and crowd-pleasing experiences Chicago Scenic Studios has named seasoned theme park industry insider, Jason Ohlsen, as the new head of the companys Florida office.
  • Ohlsen joins Chicago Scenic with more than 20 years of experience leading projects and providing design direction for theme parks, aquariums, museums, and other attractions.
  • We are building on Chicago Scenics deep experience in the theme park industry which is gaining momentum and aiming at pre-pandemic visitor traffic.
  • With our new Florida operations, Chicago Scenic builds on a strong client legacy in the theme park, aquarium, and museum spaces, said Jason Ohlsen.

L3Harris Appoints Company's First Country Leader in Japan

Wednesday, October 20, 2021 - 9:59pm

L3Harris Technologies (NYSE:LHX) has named international aerospace and defense veteran Daniel Zoot as the new Corporate Vice President of L3Harris Technologies Japan.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) has named international aerospace and defense veteran Daniel Zoot as the new Corporate Vice President of L3Harris Technologies Japan.
  • Zoot will establish L3Harris first corporate office in Tokyo to help customers address their toughest technology and national security challenges.
  • L3Harris has provided advanced technology solutions to government and commercial customers across Japan for years.
  • L3Harris has targeted investment in those domains, and formalizing the companys presence in Japan reflects L3Harris commitment to expand its global focus and support to key U.S. allies.