RUSSELL

Morningstar Names Clare Hart “Outstanding Portfolio Manager” for 2024 U.S. Morningstar Awards for Investing Excellence

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수요일, 5월 8, 2024
Publishing, Personal Finance, Finance, Communications, Professional Services, Research, Retirement, Morningstar, Inc., CNBC, Ford, Gold, Silver, Philosophy

Morningstar announced three nominees for the Outstanding Portfolio Manager on May 1, 2024.

Key Points: 
  • Morningstar announced three nominees for the Outstanding Portfolio Manager on May 1, 2024.
  • In addition to Hart, they are the Loomis Sayles Global Allocation Team and Ford O’Neil of Fidelity Total Bond.
  • CNBC will feature the Investing Excellence Awards on its “Power Lunch” program today at 2 p.m.
  • The Morningstar Awards for Investing Excellence winners are chosen based on research and in-depth qualitative evaluation by Morningstar's manager research group.

The National Fire Sprinkler Association's Class of 2024: Honoring Fire Sprinkler Industry Greats

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금요일, 5월 3, 2024
Firefighter, Executive, API, NOT, Learning, LRAC, Fire, Partnership, Conference, NFSA, Hall, Business, Audit committee, Senior, Acquisition, Student, Committee on Finance, Engineering

The Golden Sprinkler Award is NFSA’s highest honor and is presented each year to an individual who has dedicated their career to promoting the fire sprinkler concept and advancing the fire sprinkler industry.

Key Points: 
  • The Golden Sprinkler Award is NFSA’s highest honor and is presented each year to an individual who has dedicated their career to promoting the fire sprinkler concept and advancing the fire sprinkler industry.
  • NFSA’s 2024 Hall of Fame inductees have contributed nearly all their working lives and beyond to improving the fire sprinkler industry.
  • These inductees have given all of their professional lives to the fire sprinkler industry and they have all supported NFSA beyond description.
  • The Association is an inclusive organization made up of dedicated and committed members of a progressive lifesaving industry.

Northern Trust Universe Data: Solid Gains for Institutional Plans in Q1 as Global Equity Markets Surge

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목요일, 5월 2, 2024
Personal Finance, Finance, Banking, Professional Services, Asset Management, Universe, ERISA, St. Jude Championship, St Jude's GAA, Endowment, Government, Risk, Security (finance)

The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was 3.7% for the quarter ending March 31, 2024.

Key Points: 
  • The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was 3.7% for the quarter ending March 31, 2024.
  • The Northern Trust Universe tracks the performance of 405 large U.S. institutional investment plans, with a combined asset value of more than $1.4 trillion, which subscribe to performance measurement services as part of Northern Trust's asset servicing offerings.
  • The Northern Trust Foundation and Endowment (F&E) universe produced a 3.9% median return while the Northern Trust Public Funds universe median return was up 3.5% and the Northern Trust Corporate (ERISA) universe median return was up 1.2% for the quarter.
  • Public Funds universe median returns for the one-, three- and five-year periods stood at 10.4%, 4.6% and 7.5%, respectively.

C-CAP AWARDS MORE THAN $2 MILLION IN COLLEGE SCHOLARSHIPS TO STUDENTS

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화요일, 4월 30, 2024
Education, Hospitality management studies, University, American Medical Association, Mise en Place (restaurant), Employment, Shake Shack, Kingsborough Community College, Life, Farmer, Johnson & Wales University, Guittard Chocolate Company, Scottsdale Community College, Workforce, Southern California Gas Company, Institute of Culinary Education, US Foods, Monroe College, Student, JW Marriott Hotels, Nursing

To date, in its 34 years of existence, C-CAP has given out more than $71 million in scholarships.

Key Points: 
  • To date, in its 34 years of existence, C-CAP has given out more than $71 million in scholarships.
  • "We're thrilled to announce that we once again are awarding a significant amount of scholarships to highly deserving students across our 186 high schools," says Tanya Steel, Executive Director of C-CAP.
  • Thanks to our very generous donors and partner higher-education institutions, we're able to provide scholarships for these wonderful C-CAP students."
  • Institutions: Culinary Institute of America; Culinary Institute of New York at Monroe College; Institute of Culinary Education; The Fritz Knoebel School of Hospitality Management at University of Denver Business School; Kingsborough Community College; Johnson & Wales University; Joliet Junior College; Prince Georges Community College; Scottsdale Community College; Washburne Culinary & Hospitality Institute.

Kaiser Aluminum Corporation Reports First Quarter 2024 Financial Results

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수요일, 4월 24, 2024
Table, Central Time, Treasury, Kaiser, Depreciation, News, Pacific Ocean, Security (finance), Webcast, Culture, EPS, Cost, Eastern Time Zone, Bank statement, Alloy, ID, GAAP, Growth

FRANKLIN, Tenn., April 24, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced first quarter 2024 results.

Key Points: 
  • Conversion revenue for the first quarter 2024 was $367 million, reflecting a 1% decrease compared to the prior year period.
  • Adjusted net income per diluted share was $1.02 for the first quarter 2024, compared to adjusted net income per diluted share of $0.42 for the first quarter 2023.
  • Adjusted EBITDA of $62 million in the first quarter 2024 increased $16 million compared to the prior year period and increased $11 million compared to the fourth quarter 2023.
  • Kaiser Aluminum Corporation will host a conference call on Thursday, April 25, 2024, at 10:00 am (Eastern Time); 9:00 am (Central Time); 7:00 am (Pacific Time), to discuss its first quarter 2024 results.

Contango Announces Acquisition of HighGold

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목요일, 5월 2, 2024
Natural Resources, Other Natural Resources, Mining, Minerals, LLP, Risk, Par value, Blake, Cassels & Graydon, Contango, Partnership, Transaction, EST, Holland & Knight, Meeting, News, Gold, VWAP, Agreement, CIRI, Native, Alaska Native corporation, National instrument, PST, Organization, OTCQX, DSO, Senior, 100.9 ZZZ FM, Regulation, Growth

Under the terms of the Agreement, each HighGold share (“HighGold Share”) will be exchanged for 0.019 shares of Contango common stock (each whole share, a “Contango Share”) (the “Exchange Ratio”) based on the respective volume weighted average price (“VWAP”) of Contango for the five-day period ending on May 1, 2024.

Key Points: 
  • Under the terms of the Agreement, each HighGold share (“HighGold Share”) will be exchanged for 0.019 shares of Contango common stock (each whole share, a “Contango Share”) (the “Exchange Ratio”) based on the respective volume weighted average price (“VWAP”) of Contango for the five-day period ending on May 1, 2024.
  • Upon completion of the Transaction, existing Contango shareholders will own approximately 85% and HighGold shareholders will own approximately 15% of the combined company3.
  • In connection with the Transaction, Contango will grant to HighGold the right to appoint one (1) director to its board of directors.
  • Participants may join the webcast using the following call-in details: Contango ORE Announces Acquisition of HighGold (6ix.com)
    Creation of a leading Alaskan gold company with a low-risk and properly sequenced portfolio – Manh Choh is Alaska’s next gold mine with first gold pour expected in the second half of 2024.

APi Group Reports First Quarter 2024 Financial Results

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목요일, 5월 2, 2024
Other Manufacturing, Construction & Property, Other Energy, Engineering, HVAC, Utilities, Building Systems, Manufacturing, Energy, Other Construction & Property, GAAP, FFX, Ratio, API, Investment, Telephone, Conference, Eastern Time Zone, Cryptocurrency

Reported net revenue declined by 9.5% (7.4% organic decline) due to planned disciplined customer and project selection including the exiting of a customer relationship.

Key Points: 
  • Reported net revenue declined by 9.5% (7.4% organic decline) due to planned disciplined customer and project selection including the exiting of a customer relationship.
  • APi Group continues to expect full year net revenue, adjusted EBITDA and adjusted free cash flow conversion in line with initial full year guidance.
  • APi Group announces guidance for the second quarter of 2024.
  • APi will hold a webcast/dial-in conference call to discuss its financial results at 8:30 a.m. (Eastern Time) on Thursday, May 2, 2024.

NIKOLA CHAIRMAN ADDRESSES STOCKHOLDER QUESTIONS ON REVERSE SPLIT PROPOSAL IN DEFINITIVE PROXY STATEMENT

Retrieved on: 
화요일, 4월 30, 2024
Pacific Time Zone, NKLA, Interview, Social media, Nikola Corporation, Transport, INTERNET, Shareholder, Proposal 2, Eastern Time Zone, HYLA, Proxy, Nikola

PHOENIX, April 30, 2024 /PRNewswire/ -- In a recent social media post, Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, invited NKLA stockholders to submit questions related to the Proxy Statement filed earlier in the month. Steven Shindler, Chairman of the Board at Nikola, recorded a video addressing key questions about Proposal 2, which includes a reverse stock split.

Key Points: 
  • Steven Shindler, Chairman of the Board at Nikola, recorded a video addressing key questions about Proposal 2, which includes a reverse stock split.
  • The video addresses one of the five proposals to be voted on at the June 5, 2024, Annual Stockholder Meeting.
  • Among the questions addressed by Shindler were:
    What is a reverse split and how does it impact NKLA stockholders and the company?
  • Nikola invites NKLA stockholders to continue submitting questions , as ongoing communications are planned to provide answers to those most frequently asked.

APi Group Confirms Date of First Quarter 2024 Earnings Release and Announces Participation in Upcoming Investor Conferences-

Retrieved on: 
목요일, 4월 18, 2024
Other Manufacturing, Technology, Construction & Property, Security, HVAC, Utilities, Building Systems, Manufacturing, Energy, Other Construction & Property, Interest, API, Telephone, Conference, Bank, Eastern Time Zone, Broadcasting

APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced today that it intends to release its financial results for the three months ended March 31, 2024, before the market opens on Thursday, May 2, 2024.

Key Points: 
  • APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced today that it intends to release its financial results for the three months ended March 31, 2024, before the market opens on Thursday, May 2, 2024.
  • APi will hold a webcast/dial-in conference call to discuss its financial results at 8:30 a.m. (Eastern Time) on Thursday, May 2, 2024.
  • APi’s senior leadership will be participating in a fireside chat at the Bank of America Industrials Conference on Wednesday, May 15, 2024 at 3:40pm ET.
  • The live webcast link and archived replay will be available in the “Events” area on the Investor Relations page of APi’s website at www.apigroupcorp.com .

Rubric Capital Management Files Definitive Proxy Statement for Xperi Inc. 2024 Annual Meeting

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수요일, 4월 17, 2024
Asset Management, Professional Services, Finance, Internet, Security (finance), Rubric, History, Knowledge, Plague, Multimedia, Marketing, GICS, Letter, ALL, Telephone, Growth

Rubric Capital Management LP (“Rubric”) manages funds and accounts which collectively own approximately 9.0% of Xperi’s common stock, making us the Company’s third largest stockholder.

Key Points: 
  • Rubric Capital Management LP (“Rubric”) manages funds and accounts which collectively own approximately 9.0% of Xperi’s common stock, making us the Company’s third largest stockholder.
  • We have taken this same constructive approach to our engagement with Xperi’s Board and management team across the duration of our investment.
  • Please vote your enclosed WHITE proxy card TODAY for the election of Thomas A. Lacey and Deborah S. Conrad.
  • Vote by telephone, over the Internet, or by signing, dating and returning your WHITE proxy card in the postage-paid envelope provided.