Bloomfield Hills, Michigan

Taubman Centers Declares Quarterly Preferred Dividends

Retrieved on: 
Thursday, September 3, 2020

The Board of Directors (the Board) of Taubman Centers, Inc. (the Company) (NYSE: TCO) today declared quarterly dividends of $0.40625 on its 6.5% Series J Cumulative Preferred Shares (NYSE: TCO PR J) and $0.390625 on its 6.25% Series K Cumulative Preferred Shares (NYSE: TCO PR K).

Key Points: 
  • The Board of Directors (the Board) of Taubman Centers, Inc. (the Company) (NYSE: TCO) today declared quarterly dividends of $0.40625 on its 6.5% Series J Cumulative Preferred Shares (NYSE: TCO PR J) and $0.390625 on its 6.25% Series K Cumulative Preferred Shares (NYSE: TCO PR K).
  • Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia.
  • Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.
  • For ease of use, references in this press release to Taubman Centers,, we, us, our, company, Taubman or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities.

Penske Truck Leasing Expands Business in Norwalk, Ohio

Retrieved on: 
Thursday, August 27, 2020

READING, Pa., Aug. 27, 2020 /PRNewswire/ -- Penske Truck Leasing is now offering full-service truck leasing and contract truck fleet maintenance in Norwalk, Ohio.

Key Points: 
  • READING, Pa., Aug. 27, 2020 /PRNewswire/ -- Penske Truck Leasing is now offering full-service truck leasing and contract truck fleet maintenance in Norwalk, Ohio.
  • Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania.
  • A leading global transportation services provider, Penske Truck Leasing operates more than 327,000 vehicles and serves customers from more than 1,100 locations in North America, South America, Europe, Australia and Asia.
  • Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions.

O2 Investment Partners Announces Appointment of Shyam Shah

Retrieved on: 
Friday, August 14, 2020

BLOOMFIELD HILLS, Mich., Aug. 14, 2020 (GLOBE NEWSWIRE) -- O2 Investment Partners ( www.o2investment.com ) is pleased to announce the appointment of Shyam Shah as the firms newest Associate.

Key Points: 
  • BLOOMFIELD HILLS, Mich., Aug. 14, 2020 (GLOBE NEWSWIRE) -- O2 Investment Partners ( www.o2investment.com ) is pleased to announce the appointment of Shyam Shah as the firms newest Associate.
  • Shyam will be responsible for evaluating new transactions, due diligence, underwriting, and working with O2s portfolio companies.
  • Prior to joining O2, Shyam was as an Investment Banking Analyst at Duff & Phelps based out of New York, New York.
  • O2 Investment Partners is a Midwestern based private equity firm that seeks to acquire majority interests in lower middle market B2B services, technology, and select niche industrial companies.

Penske Truck Leasing Continues to Expand Heavy-Duty Electric Vehicle Charging Network

Retrieved on: 
Monday, August 10, 2020

READING, Pa., Aug. 10, 2020 /PRNewswire/ -- Penske Truck Leasing continues to progress and drive key learnings in commercial electric vehicle advancement with the official opening of its sixth heavy-duty electric vehicle charging station in Southern, California.

Key Points: 
  • READING, Pa., Aug. 10, 2020 /PRNewswire/ -- Penske Truck Leasing continues to progress and drive key learnings in commercial electric vehicle advancement with the official opening of its sixth heavy-duty electric vehicle charging station in Southern, California.
  • "We continue to expand our heavy-duty electric vehicle charging network, while also challenging ourselves to test new solutions like the battery storage component," said Drew Cullen, senior vice president of fuels and facility services at Penske Transportation Solutions.
  • Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania.
  • Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions.

Taubman Schedules Second Quarter Earnings Release

Retrieved on: 
Thursday, August 6, 2020

Taubman Centers, Inc. (NYSE: TCO) will announce its second quarter 2020 earnings after the market closes on August 10, 2020.

Key Points: 
  • Taubman Centers, Inc. (NYSE: TCO) will announce its second quarter 2020 earnings after the market closes on August 10, 2020.
  • Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.
  • For ease of use, references in this press release to Taubman Centers,, we, us, our, company, Taubman or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities.
  • Business is actually conducted by an affiliated entity rather than Taubman Centers, Inc. itself or the named operating platform.

Women In Trucking Association Announces Continued Partnership with Penske Transportation Solutions

Retrieved on: 
Monday, August 3, 2020

PLOVER, Wis., Aug. 3, 2020 /PRNewswire-PRWeb/ --The Women In Trucking Association (WIT) announced today that Penske Transportation Solutions has renewed its Gold Level Partnership, helping the nonprofit organization attract more women to the transportation industry and empower them to be successful.

Key Points: 
  • PLOVER, Wis., Aug. 3, 2020 /PRNewswire-PRWeb/ --The Women In Trucking Association (WIT) announced today that Penske Transportation Solutions has renewed its Gold Level Partnership, helping the nonprofit organization attract more women to the transportation industry and empower them to be successful.
  • Jennifer Sockel, Executive Vice President, Talent and Enterprise Services at Penske Transportation Solutions, serves on the WIT board of directors.
  • About Women In Trucking Association, Inc.
    Women In Trucking, Inc. is a nonprofit association established to encourage the employment of women in the trucking industry, promote their accomplishments and minimize obstacles faced by women working in the trucking industry.
  • Penske Transportation Solutions is the umbrella brand for Penske Truck Leasing, Penske Logistics, Epes Transport Systems, Penske Vehicle Services, and related businesses.

Penske Truck Leasing Introduces Remote Service Check-In via Mobile App Upgrade

Retrieved on: 
Monday, July 27, 2020

READING, Pa., July 27, 2020 /PRNewswire/ -- Penske Truck Leasing has introduced remote service check-in via its Penske Driver mobile app.

Key Points: 
  • READING, Pa., July 27, 2020 /PRNewswire/ -- Penske Truck Leasing has introduced remote service check-in via its Penske Driver mobile app.
  • The freePenske Driver app is an all-in one solution developed by Penske Truck Leasing for its full-service truck leasing, contract maintenance, and commercial truck rental customers.
  • Launched in 2017, the Penske Drive app also enables truck drivers to:
    Easily log Hours-of-Service (HOS) in Penske rental vehicles and comply with the ELD mandate.
  • Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania.

Penske Automotive Group To Host Second Quarter 2020 Financial Results Conference Call

Retrieved on: 
Friday, July 17, 2020

The call will follow the release that morning of second quarter 2020 earnings for Penske Automotive Group and will be simultaneously broadcast over the Internet.

Key Points: 

Penske Automotive Provides Operational Update

Retrieved on: 
Thursday, July 16, 2020

BLOOMFIELD HILLS, Mich., July 16, 2020 /PRNewswire/ --Penske Automotive Group, Inc., (NYSE:PAG) a diversified international transportation services company, today provided an operational update on its business for the second quarter of 2020.

Key Points: 
  • BLOOMFIELD HILLS, Mich., July 16, 2020 /PRNewswire/ --Penske Automotive Group, Inc., (NYSE:PAG) a diversified international transportation services company, today provided an operational update on its business for the second quarter of 2020.
  • These forward-looking statements should be evaluated together with additional information about Penske Automotive Group's business, markets, conditions and other uncertainties, which could affect Penske Automotive Group's future performance.
  • This press release speaks only as of its date, and Penske Automotive Group disclaims any duty to update the information herein.
  • Like Penske Automotive on Facebook: https://facebook.com/penskecars
    Follow Penske Automotive on Twitter: https://twitter.com/penskecars
    Visit Penske Automotive on YouTube: http://www.youtube.com/penskecars

TriMas Announces New Strategic Customer Relationship

Retrieved on: 
Monday, July 13, 2020

We are excited to partner with INEOS Hygienics to support their urgent needs in the quest to help improve personal hygiene and fight the spread of germs, said Thomas Amato, TriMas President and Chief Executive Officer.

Key Points: 
  • We are excited to partner with INEOS Hygienics to support their urgent needs in the quest to help improve personal hygiene and fight the spread of germs, said Thomas Amato, TriMas President and Chief Executive Officer.
  • This is an exciting new customer win for Rieke, as we continue to invest in growing our packaging business by expanding our innovative product portfolio and customer base through organic initiatives and M&A.
  • Our TriMas family of businesses has strong brand names in the end markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model.
  • TriMas is publicly traded on the NASDAQ under the ticker symbol TRS, and is headquartered in Bloomfield Hills, Michigan.