Phoenix

TOPDON USA’s New Phoenix Lite 3 Diagnostic Scanner Adds Topology, CAN-FD Protocol and Optional ADAS Calibration Software Functionality

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木曜日, 5月 9, 2024

“Our Phoenix Lite line of diagnostic scanners has been a trusted scanner solution for a wide range of users in the automotive industry,” said Chad Schnitz, Vice President of TOPDON USA.

Key Points: 
  • “Our Phoenix Lite line of diagnostic scanners has been a trusted scanner solution for a wide range of users in the automotive industry,” said Chad Schnitz, Vice President of TOPDON USA.
  • “We’re excited to announce our new Phoenix Lite 3 model, which amps up the technology and usability at a highly competitive price point.
  • Additionally, ADAS calibration software can easily be integrated into the Phoenix Lite 3 helping ensure the vehicle’s safety systems work properly after maintenance.”
    The Phoenix Lite 3 is a compact diagnostic scanner designed for automotive professionals, enthusiasts, and small repair shops.
  • Additional features on the Phoenix Lite 3 include:
    CAN-FD protocol for enhanced compatibility on modern vehicles, including 2020 and newer GM and Chrysler vehicles.

University of Phoenix Earns Prestigious ADDY® Awards from Phoenix Chapter of American Advertising Foundation

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金曜日, 3月 15, 2024

University of Phoenix proudly announces the receipt of two Silver ADDY® Awards from the Phoenix Chapter of the American Advertising Federation (AAF).

Key Points: 
  • University of Phoenix proudly announces the receipt of two Silver ADDY® Awards from the Phoenix Chapter of the American Advertising Federation (AAF).
  • The mission of the American Advertising Awards is to recognize the creative spirit of excellence in the art of advertising.
  • District ADDY® winners are then forwarded to the third tier, the national stage of the American Advertising Awards.
  • University of Phoenix previously received ADDY® awards from the Phoenix Chapter in 2023, 2022, and 2020.

Peachtree Group Successfully Closes Third Delaware Statutory Trust, Providing Prime Opportunity for 1031 Exchange Investors

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火曜日, 2月 6, 2024

This strategic acquisition presented a compelling opportunity for 1031 exchange investors seeking to reinvest proceeds from the sale of appreciated real estate while enjoying tax deferral benefits and maintaining a robust allocation to real estate.

Key Points: 
  • This strategic acquisition presented a compelling opportunity for 1031 exchange investors seeking to reinvest proceeds from the sale of appreciated real estate while enjoying tax deferral benefits and maintaining a robust allocation to real estate.
  • Since forming its DST program in Aug. 2022, Peachtree Group has quickly become a top-15 sponsor in the securitized 1031 exchange marketplace, according to a year-end market equity update from Mountain Dell Consulting.
  • Peachtree Group underscores its commitment to innovation and investor satisfaction, aligning with the core principles of the 1031 exchange and offering investors a seamless avenue to transition capital gains into a new passive investment, particularly within the thriving hotel sector.
  • Moreover, hotels stand to benefit from the enduring imbalance between growing demand and slower supply, further solidifying hotels' position as a resilient investment," Witt said.

Visit Newport Beach Wins 'Extraordinaire Award' at the 2024 Rose Parade® with Record-Setting 165-Foot-Long Entry

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月曜日, 1月 8, 2024

NEWPORT BEACH, Calif., Jan. 8, 2024 /PRNewswire/ -- Visit Newport Beach is elated to announce the prestigious achievement of winning the coveted Extraordinaire Award at the 135th Rose Parade® in Pasadena, California, held on January 1, 2024. The triumphant return of Newport Beach to this globally renowned event after an 18-year hiatus has been marked by the record-breaking float entry, 'Jingle on the Waves,' which not only stood out as the longest float in the parade but has now been recognized with the Extraordinaire Award. The float featured an array of 57,211 floral elements including mums, statice, strawflower, lentils, iris, carnations, seaweed, and various other creative touches representing the Newport Beach spirit.

Key Points: 
  • The third boat was a special Rose Parade Queen tribute which included four former Tournament of Roses® Rose Queens® who currently reside in Newport Beach.
  • "Our winning float, 'Jingle on the Waves,' not only reflects the vibrant spirit of Newport Beach but also harmonizes with the universal language of music celebrated in the 2024 Rose Parade®," says Gary Sherwin, President & CEO of Visit Newport Beach.
  • The historic ties between Newport Beach and the Rose Parade presented by Honda, run deep.
  • Visit Newport Beach is looking forward to continuing this partnership with the Rose Parade is eagerly awaits the years to come!

Cloudian Introduces HyperStore Bucket Migrator for the Amazon S3 Express One Zone Storage Class

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水曜日, 11月 29, 2023

SAN MATEO, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Cloudian today announced the launch of the HyperStore Bucket Migrator for the Amazon S3 Express One Zone storage class, a groundbreaking utility designed to empower organizations with seamless data migration capabilities from Cloudian HyperStore on-premises storage to S3 Express One Zone.

Key Points: 
  • SAN MATEO, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Cloudian today announced the launch of the HyperStore Bucket Migrator for the Amazon S3 Express One Zone storage class, a groundbreaking utility designed to empower organizations with seamless data migration capabilities from Cloudian HyperStore on-premises storage to S3 Express One Zone.
  • The HyperStore Bucket Migrator for S3 Express One Zone seamlessly migrates on-premises object storage data to any AWS Availability Zone with S3 Express One Zone, thereby letting customers rapidly utilize available GPU resources and the highest performance of all Amazon S3 storage classes.
  • “The new HyperStore Bucket Migrator for S3 Express One Zone accomplishes this by enabling frictionless data movement between Cloudian HyperStore on-premises storage and S3 Express One Zone, empowering organizations to fully embrace the benefits of high-performance storage for their most demanding use cases, whether at the edge, core or cloud."
  • For more information about the Cloudian’s HyperStore Bucket Migrator for S3 Express One Zone and how it can enhance your data management capabilities, visit Cloudian.com/AWS .

Wellesley Asset Management, Inc. Announces New Portfolio Manager to Join its Investment Team

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火曜日, 12月 19, 2023

PORTSMOUTH, N.H., Dec. 19, 2023 /PRNewswire/ -- Wellesley Asset Management ("Wellesley"), an asset manager specializing in convertible bonds, is pleased to announce the recent addition of David Clott, CFA, to its Portfolio Management team.

Key Points: 
  • PORTSMOUTH, N.H., Dec. 19, 2023 /PRNewswire/ -- Wellesley Asset Management ("Wellesley"), an asset manager specializing in convertible bonds, is pleased to announce the recent addition of David Clott, CFA, to its Portfolio Management team.
  • A highly respected investment professional with 30 years of experience, David's convertible bond investing experience began in the mid 1990's as an analyst at Phoenix Investments.
  • David joined Aviva Investors in 1999 as a US convertible bond portfolio manager and in 2002 David founded the Aviva Investors Global Convertible Bond Strategy, launching a European based long only convertible mutual fund.
  • "We are thrilled to have such a seasoned professional join our convertible bond team," said Michael Miller, President and Chief Investment Officer.

RF-Backed Ally Waste Adds to Valet Trash Platform in Bulk

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木曜日, 12月 14, 2023

RF Investment Partners and its portfolio company, Ally Waste Services, are pleased to announce the acquisition of Waste Consolidators, Inc., a provider of bulk waste collection services for residential and commercial complexes.

Key Points: 
  • RF Investment Partners and its portfolio company, Ally Waste Services, are pleased to announce the acquisition of Waste Consolidators, Inc., a provider of bulk waste collection services for residential and commercial complexes.
  • This investment builds on the success of Ally Waste’s partnership with Waste Control and the integration of its bulk waste removal services earlier this year.
  • Waste Consolidators also offers miscellaneous trash and maintenance services, including “trash outs,” power washing, gutter cleaning, and more.
  • The introduction of Waste Consolidators further establishes Ally Waste’s bulk trash removal services and increases route density in the Phoenix and major Texas markets.

H&E Equipment Services Signs Definitive Agreement To Acquire Phoenix-based Precision Rentals

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月曜日, 12月 11, 2023

H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the signing of a definitive agreement to acquire the business of Precision Rentals (“Precision”).

Key Points: 
  • H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the signing of a definitive agreement to acquire the business of Precision Rentals (“Precision”).
  • Based in Phoenix, Arizona, the company operates a branch in Phoenix and a second location in Aurora, Colorado.
  • Precision offers a mix of general rental assets with a total fleet size, as measured by original equipment cost, of approximately $70 million and an attractive average fleet age of 37 months.
  • Brad Barber, chief executive officer of H&E Equipment Services, Inc., identified compelling strategic benefits associated with the acquisition, citing, “Since 2006, Precision Rentals has successfully grown its equipment rental business through a focus on reliability, fleet diversity and exceptional customer service.

Loloft, Innovative National Industrial Coworking Company, Signs 12 Year Lease for 50,000 Square Feet in Workspace Property Trust’s Premier Suburban Phoenix Location

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月曜日, 12月 11, 2023

Workspace Property Trust (Workspace), the preeminent US suburban commercial office property owner and partner for the Fortune 1000, announced today that Loloft, an innovator in the industrial coworking industry, has leased 51,902 square feet of space at 4750 South 44th Place in Phoenix, Arizona.

Key Points: 
  • Workspace Property Trust (Workspace), the preeminent US suburban commercial office property owner and partner for the Fortune 1000, announced today that Loloft, an innovator in the industrial coworking industry, has leased 51,902 square feet of space at 4750 South 44th Place in Phoenix, Arizona.
  • Loloft, short for "Local Logistics, Flexible Terms,” has seen strong success and proof-of-concept with their first location in Downtown Rogers, Arkansas adjacent to Walmart’s headquarters in Bentonville.
  • Workspace owns and operates suburban office and light industrial buildings in 14 of the top 20 US metropolitan areas and has owned the 4750 South 44th Place property since 2016.
  • Loloft is on the leading edge of the industrial coworking industry and a perfect tenant for 4750 44th Street.

GMS Reports Second Quarter Fiscal 2024 Results

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木曜日, 12月 7, 2023

GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal second quarter ended October 31, 2023.

Key Points: 
  • GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal second quarter ended October 31, 2023.
  • Net debt leverage was 1.5 times as of the end of the quarter, down from 1.6 times at the end of the second quarter of fiscal 2023.
  • For the second quarter of fiscal 2024, cash provided by operating activities improved to $118.1 million, compared to cash provided by operating activities of $107.3 million in the prior year period.
  • GMS will host a conference call and webcast to discuss its results for the second quarter of fiscal 2024 ended October 31, 2023 and other information related to its business at 8:30 a.m. Eastern Time on Thursday, December 7, 2023.