PEO

Adams Natural Resources Fund Announces Initiative to Enhance Shareholder Value

Retrieved on: 
Venerdì, Maggio 24, 2024
Internal Revenue Code, PEO, Adams Funds, NAV, Trust, Culture, Policy, Vivisection, Life insurance

BALTIMORE, May 24, 2024 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) today announced an initiative reflecting our ongoing commitment to long-term shareholder value creation – the implementation of a managed distribution policy (“Policy”) that will provide a higher annual distribution rate more evenly on a quarterly basis throughout the year.

Key Points: 
  • BALTIMORE, May 24, 2024 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) today announced an initiative reflecting our ongoing commitment to long-term shareholder value creation – the implementation of a managed distribution policy (“Policy”) that will provide a higher annual distribution rate more evenly on a quarterly basis throughout the year.
  • This initiative underscores our dedication to delivering long-term value, competitive performance, and stable, consistent distributions to our valued shareholders.
  • This Policy will provide regular, more predictable distributions and replaces the 6% minimum annual distribution commitment based on market value that the Fund had established and met since 2012.
  • Fund CEO James Haynie said, “We believe that this new Policy will be another attractive feature of the Fund, adding to its strong value proposition and further benefiting our shareholders.

Nicholas Kapiotis Named as CoAdvantage Chief Legal Officer

Retrieved on: 
Venerdì, Maggio 10, 2024
PEO, IRS, Pulse, Treasury, National Association

BRADENTON, Fla., May 10, 2024 /PRNewswire/ -- CoAdvantage, a leading national provider of strategic human resource solutions for small to mid-sized companies and one of the nation's largest privately held Professional Employer Organizations (PEO), announced Nicholas Kapiotis has been named Chief Legal Officer, as of June 3, 2024.

Key Points: 
  • BRADENTON, Fla., May 10, 2024 /PRNewswire/ -- CoAdvantage , a leading national provider of strategic human resource solutions for small to mid-sized companies and one of the nation's largest privately held Professional Employer Organizations (PEO), announced Nicholas Kapiotis has been named Chief Legal Officer, as of June 3, 2024.
  • Kapiotis joins CoAdvantage from the National Association of Professional Employer Organizations (NAPEO), the national trade association for the PEO industry.
  • He brings 10+ years of legal counsel experience in the PEO industry, including time at CoAdvantage in 2018.
  • I am excited to add such a seasoned expert to our team," said Clinton Burgess, the company's Chief Executive Officer.

Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance

Retrieved on: 
Venerdì, Aprile 19, 2024
Phase 10, PEO, Comparable, Energy

BALTIMORE, April 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.10 per share from net investment income, payable May 31, 2024, to shareholders of record May 17, 2024.

Key Points: 
  • BALTIMORE, April 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.10 per share from net investment income, payable May 31, 2024, to shareholders of record May 17, 2024.
  • This distribution represents the second payment this year toward the Fund’s annual 6% minimum distribution rate commitment, which can be found at adamsfunds.com.
  • For the three months ended March 31st, the total return on Adams Natural Resources’ net asset value, with dividends and capital gains reinvested, was 13.1%.
  • For the twelve months ended March 31st, the total return on Adams Natural Resources’ net asset value, with dividends and capital gains reinvested, was 19.3%.

Rebellion Defense Wins Competitive U.S. Navy Contract to Enhance Target Recognition

Retrieved on: 
Mercoledì, Maggio 1, 2024
Technology, Contracts, Maritime, Security, Transport, Military, Software, Government Technology, Data Management, Defense, Partnership, Mission, Navy, Rebellion, PEO, Control, Risk management

Rebellion Defense , a leading U.S. defense software company, today announced a new contract with the U.S. Navy.

Key Points: 
  • Rebellion Defense , a leading U.S. defense software company, today announced a new contract with the U.S. Navy.
  • Rebellion will provide its Iris software to Sailors to enhance target recognition and tracking capabilities.
  • Rebellion was selected for this opportunity through Tradewinds , a marketplace that helps the Department of Defense more quickly find and procure technology solutions.
  • “We’re honored that Rebellion Iris software will help keep the Navy ready for current and future threats,” said Ben FitzGerald, Chief Executive Officer at Rebellion Defense.

G&A Partners Acquires Utah-based PEO, Teamworks Group

Retrieved on: 
Martedì, Aprile 30, 2024
Consulting, Professional Services, Other Professional Services, Small Business, Human Resources, University, HRO, Partner, Docent, Acquisition, Brigham Young University, PEO, G&A

Founded by David McDougal, Teamworks Group has been providing exceptional customer service and strategic HR solutions to small businesses since 1996.

Key Points: 
  • Founded by David McDougal, Teamworks Group has been providing exceptional customer service and strategic HR solutions to small businesses since 1996.
  • The PEO has experienced substantial growth under the leadership of Chief Executive Officer Morgan Taylor and Chief Operating Officer Marshall Paxson who, prior to joining Teamworks Group, founded Docent HR.
  • Teamworks Group and Docent HR merged in January 2020.
  • This, in turn, gives them the time and resources to grow.”
    Taylor and Paxson will continue to support the Teamworks Group staff and clients.

Engage PEO Enhances Workers’ Comp Underwriting with Gradient AI

Retrieved on: 
Lunedì, Aprile 22, 2024
Technology, Insurance, Human Resources, Finance, Professional Services, Software, Data Analytics, Data Management, Artificial Intelligence, Risk, Gradient, AI, Risk management, Cirillo, Artificial intelligence, PEO, Risk assessment, Growth, Sales

Gradient AI , a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at NAPEO’s Risk Management Workshop that Engage PEO is leveraging its Underwriting Solution to enhance its workers’ comp underwriting process and fuel its business expansion.

Key Points: 
  • Gradient AI , a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at NAPEO’s Risk Management Workshop that Engage PEO is leveraging its Underwriting Solution to enhance its workers’ comp underwriting process and fuel its business expansion.
  • To help meet this demand, Engage PEO implemented Gradient AI’s Underwriting Solution to enhance the accuracy and efficiency of its underwriting process.
  • In addition, Gradient AI has significantly streamlined our underwriting process, reducing evaluation times from hours to minutes.”
    Engage PEO is also using Gradient AI’s solution to address talent shortages within the industry.
  • It was the first time in 10 years I got to enjoy Christmas!”
    “By leveraging the power of Gradient AI, Engage PEO is positioned to drive even greater success in the PEO industry,” said Stan Smith, founder and CEO, Gradient AI.

OneDigital Welcomes Lyons HR, LLC and Extends PEO Practice to Southeast Region

Retrieved on: 
Mercoledì, Aprile 24, 2024
Organizational culture, Policy, HR, Human, Insurance, Acquisition, Workforce, PEO, Growth, Management

ATLANTA, April 24, 2024 /PRNewswire/ -- OneDigital, the nation's leading insurance brokerage, financial services and HR consulting firm, has acquired Lyons HR, LLC (Lyons HR), a professional employer organization (PEO) and HR Management company headquartered in Florence, AL, with 7 other locations in Georgia, Alabama, Tennessee, and Florida. Lyons HR's clients have over 15,000 worksite employees and this strategic acquisition allows OneDigital to extend its OneDigital Resourcing Edge PEO solution to its Southeast Region, which excels in its employee benefits, retirement plan services, wealth management and property and casualty insurance offerings.

Key Points: 
  • ATLANTA, April 24, 2024 /PRNewswire/ -- OneDigital, the nation's leading insurance brokerage, financial services and HR consulting firm, has acquired Lyons HR, LLC (Lyons HR), a professional employer organization (PEO) and HR Management company headquartered in Florence, AL, with 7 other locations in Georgia, Alabama, Tennessee, and Florida.
  • Lyons HR's clients have over 15,000 worksite employees and this strategic acquisition allows OneDigital to extend its OneDigital Resourcing Edge PEO solution to its Southeast Region, which excels in its employee benefits, retirement plan services, wealth management and property and casualty insurance offerings.
  • "Today marks a significant milestone for OneDigital's PEO solution, said Ted Crawford, President of OneDigital Resourcing Edge.
  • We're thrilled that our clients will now benefit from OneDigital's enhanced high-touch services, while maintaining their familiar Lyons contact points," commented Bill Lyons, Founder and Executive Chairman, Lyons HR.

Reveal Technology Receives Selection Notification for $33.6M STRATFI Award Through the AFVentures Program

Retrieved on: 
Martedì, Aprile 23, 2024
USSOCOM, AFSOC, Department of Defence, United States Air Force, Collection, Research, 3D, Intelligence, HQ, Multimedia, PEO, 3D printing

BOZEMAN, Mont., April 23, 2024 /PRNewswire/ -- Reveal Technology, Inc. (Reveal) is proud to share that they have received a selection notification from the US Air Force AFVentures Program for a $33.6M Strategic Funding Increase (STRATFI).

Key Points: 
  • BOZEMAN, Mont., April 23, 2024 /PRNewswire/ -- Reveal Technology, Inc. (Reveal) is proud to share that they have received a selection notification from the US Air Force AFVentures Program for a $33.6M Strategic Funding Increase (STRATFI).
  • In the next generation of expeditionary warfare, the warfighter will need capabilities that enable the collection, edge processing, and dissemination of real-time intelligence in operationally limited environments.
  • Reveal will work closely with joint force customers to deliver the next generation of situational awareness tools for operations in denied areas and at the tactical edge.
  • "Reveal is honored to accept this STRATFI award, and believes it signals the Department's belief in Reveal as an important technology provider of the future.

URSA MAJOR SIGNS CONTRACT WITH U.S. NAVY FOR NEXT GEN SOLID ROCKET MOTORS FOR STANDARD MISSILE

Retrieved on: 
Lunedì, Aprile 8, 2024
Lynx, SM-3, SM-2, Nation, Canadarm, SM-6, Naval Surface Warfare Center, Weapon, Ursa Major, NEST, Missile Defense Agency, SRM, PEO, Mk, Navy, Electric motor

In 2022, the Missile Defense Agency stated that the SM-6 is the only missile capable of intercepting maneuverable hypersonic missiles.

Key Points: 
  • In 2022, the Missile Defense Agency stated that the SM-6 is the only missile capable of intercepting maneuverable hypersonic missiles.
  • "We are proud of the Navy's support and recognition of Ursa Major as a trusted partner to develop the next generation of Mk 104 solid rocket motors," said Ursa Major founder and CEO Joe Laurienti.
  • "Our new approach to manufacturing SRMs allows Ursa Major to quickly develop high-performing motors at scale, driving volume and cost efficiencies to address this critical national need."
  • "The production of solid rocket motors is a top priority, and we are impressed with Ursa Major's innovative approach to address manufacturing challenges."

CACI Secures $239 Million Task Order for U.S. Army Unified Network Modernization

Retrieved on: 
Giovedì, Marzo 21, 2024
Technology, Security, Satellite, Software, Military, Other Defense, Networks, Defense, Contracts, Internet, Mobile, Wireless, GSN, CACI, IDIQ, Command and control, NSA, PEO, ID, Government, SIPR, Army, Mobile phone

“Modernizing the Army’s classified network is an integral first step toward a unified, secure system,” said John Mengucci , CACI President and Chief Executive Officer.

Key Points: 
  • “Modernizing the Army’s classified network is an integral first step toward a unified, secure system,” said John Mengucci , CACI President and Chief Executive Officer.
  • “CACI’s modernization solutions will improve the performance, efficiency, and security of the Army’s network infrastructure.
  • Our unique wired and wireless technologies will enable the Army to outpace the growing demand for data insights and allow users to work on classified networks from any location.
  • This unified network modernization work was awarded under the ENCORE III indefinite delivery, indefinite quantity (IDIQ) contract vehicle by the Army’s Program Executive Office (PEO) Command Control Computers – Tactical (C3T).