Retirement

Edison issues review on Murray International Trust (MYI): Business as usual ahead of manager’s retirement

Retrieved on: 
Mercoledì, Aprile 10, 2024

Murray International Trust’s (MYI’s) managers are transitioning smoothly from a team of three to two, ahead of Bruce Stout’s retirement at the end of June 2024.

Key Points: 
  • Murray International Trust’s (MYI’s) managers are transitioning smoothly from a team of three to two, ahead of Bruce Stout’s retirement at the end of June 2024.
  • The two remaining managers, Martin Connaghan and Samantha Fitzpatrick, have worked closely with Stout since 2001, so MYI’s shareholders can have confidence that it will be ‘business as usual’ in H224 and beyond.
  • MYI is a very well-established trust, with an experienced collaborative management team, offering investors the prospects of both income and capital growth.
  • Versus its peers, MYI has a higher allocation to emerging markets due to their higher growth potential and attractive valuations.

Genel Energy PLC: Directorate change

Retrieved on: 
Mercoledì, Aprile 10, 2024

Genel Energy plc ('Genel' or 'the Company') announces that Sir Michael Fallon has indicated his intention to retire from the Board of Genel at the AGM in May 2024.

Key Points: 
  • Genel Energy plc ('Genel' or 'the Company') announces that Sir Michael Fallon has indicated his intention to retire from the Board of Genel at the AGM in May 2024.
  • Sir Michael Fallon has served more than four years at Genel as Non-Executive Director, Deputy Chair, Senior Independent Director, Chair of the International Relations Committee, and a member of the Remuneration Committee and the Nomination Committee.
  • The Board intends to appoint a new Independent Non-Executive Director as soon as practically possible.
  • On behalf of the Board, we wish him all the best with his other commitments.”
    For further information please contact:

LUNA INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Luna Innovations Incorporated Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Martedì, Aprile 9, 2024

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Luna Innovations Incorporated (“Luna Innovations” or “the Company”) (NASDAQ: LUNA) and certain of its officers.

Key Points: 
  • NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Luna Innovations Incorporated (“Luna Innovations” or “the Company”) (NASDAQ: LUNA) and certain of its officers.
  • According to the Complaint, Luna Innovations is a technology company that is focused on fiber optics.
  • If you suffered a loss in Luna Innovations you have until May 31, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Team, Inc. Appoints Pamela J. McGinnis to Its Board of Directors

Retrieved on: 
Lunedì, Aprile 8, 2024

In connection with the Board’s appointment of Ms. McGinnis, the size of the Board was increased from six to seven directors.

Key Points: 
  • In connection with the Board’s appointment of Ms. McGinnis, the size of the Board was increased from six to seven directors.
  • The Board has also appointed Ms. McGinnis to serve on the Board’s Compensation Committee.
  • Michael Caliel, TEAM’s Executive Chairman commented, "We are excited to welcome Pam to the TEAM Board of Directors.
  • She brings extensive commercial, procurement and operational expertise in the oil and gas industry through her executive leadership experience at Phillips 66.

Methode Electronics Announces CFO Transition Plan

Retrieved on: 
Lunedì, Aprile 8, 2024

Mr. Rawden has held multiple CFO and interim CFO positions at both publicly traded and private companies.

Key Points: 
  • Mr. Rawden has held multiple CFO and interim CFO positions at both publicly traded and private companies.
  • "I would like to thank Ron for his many contributions to Methode and wish him the best in his retirement.
  • David is a seasoned finance executive, and Methode will benefit from his expertise over the next several months."
  • “I am proud of my time at Methode and am confident in the opportunities ahead for the company as I transition into retirement.”

Survey shows many education workers plan to continue working in retirement

Retrieved on: 
Lunedì, Aprile 8, 2024

Toronto, Canada, April 08, 2024 (GLOBE NEWSWIRE) -- Education sector workers in Canada may feel ready to retire from their current roles.

Key Points: 
  • Toronto, Canada, April 08, 2024 (GLOBE NEWSWIRE) -- Education sector workers in Canada may feel ready to retire from their current roles.
  • Still, they are not ready to stop working, according to RTOERO’s 2024 Future Retirees Survey findings.
  • The 2024 survey includes findings from 1,300 education sector workers, the majority within five years of retirement.
  • Over half of the respondents plan to work part- or full-time in retirement, which is consistent with the results from the 2023 survey.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against agilon health, inc. (AGL)

Retrieved on: 
Lunedì, Aprile 8, 2024

On November 2, 2023, agilon released its third quarter 2023 financial results, reporting lower-than-expected numbers due to increased utilization and medical costs.

Key Points: 
  • On November 2, 2023, agilon released its third quarter 2023 financial results, reporting lower-than-expected numbers due to increased utilization and medical costs.
  • Additionally, the Company lowered its full-year guidance, stating that it had increased its incurred-but-not-reported (“IBNR”) reserve to account for prior expenses.
  • On this news, agilon’s stock price fell $2.23, or 13.2%, to close at $14.66 per share on November 3, 2023, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

First Federal Savings Bank and ICBA Share Money Management Tips to Help Americans Be More Financially Resilient

Retrieved on: 
Lunedì, Aprile 8, 2024

Meanwhile, America’s personal savings rate dropped from 15 percent in Q3 2020 to 4.0 percent in Q3 2023, according to the Commerce Department .

Key Points: 
  • Meanwhile, America’s personal savings rate dropped from 15 percent in Q3 2020 to 4.0 percent in Q3 2023, according to the Commerce Department .
  • “Saving is an important component of maintaining financial wellness and stability,” Courtney Schmitt, Marketing Manager VP at First Federal Savings Bank said.
  • “As your trusted financial advisor, First Federal Savings Bank can put you in the driver’s seat so you can help avoid financial pitfalls and reach your short- and long-term financial goals.”
    First Federal Savings Bank and ICBA offer these tips to help consumers boost their savings:
    Pay yourself first.
  • More than three quarters (83 percent) of Americans plan to use their anticipated return for savings or paying off debt.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Xponential Fitness, Inc. - XPOF

Retrieved on: 
Giovedì, Aprile 4, 2024

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Xponential Fitness, Inc. (“Xponential” or the “Company”) (NYSE: XPOF).

Key Points: 
  • NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Xponential Fitness, Inc. (“Xponential” or the “Company”) (NYSE: XPOF).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The class action concerns whether Xponential and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Trisura Group Announces Changes to its Board of Directors

Retrieved on: 
Giovedì, Aprile 4, 2024

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU) today announced the appointment of Lilia Sham to its Board of Directors and the retirement of Greg Morrison.

Key Points: 
  • TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU) today announced the appointment of Lilia Sham to its Board of Directors and the retirement of Greg Morrison.
  • In addition, Trisura today announced that Sacha Haque is expected to stand for election to the Board of Directors at this year’s Annual General Meeting.
  • “We are pleased to welcome Lilia Sham to our Board of Directors and look forward to the expected election of Sacha Haque to our Board of Directors at our Annual General Meeting on June 3, 2024.
  • We look forward to the guidance Ms. Sham and Ms. Haque will provide as Trisura continues to execute its strategy.” said George Myhal, Chair, Board of Directors, Trisura Group Ltd.
    Mr. Myhal continued, “We would also like to thank Greg Morrison for his many contributions to Trisura.