AEP

CAELUS DIGITAL Secures 1,00 MW with $11 Million, Ensuring Unique Advantages of its Haskell County, TX Industrial-Scale Data Center and Power Development

Retrieved on: 
Wednesday, November 15, 2023

STAMFORD, Texas, Nov. 15, 2023 /PRNewswire/ -- CAELUS DIGITAL, formerly known as Cloud West, is announcing a key milestone for its data center and power development site in Haskell County, Texas.

Key Points: 
  • STAMFORD, Texas, Nov. 15, 2023 /PRNewswire/ -- CAELUS DIGITAL, formerly known as Cloud West, is announcing a key milestone for its data center and power development site in Haskell County, Texas.
  • This newly increased surety with AEP guarantees up to 1,000 MW of power, enhancing the development's already compelling suite of advantages.
  • Additional Unique Selling Points Include:
    Competitive Power Rates: Power pricing expected to be 2.75 cents per kWh.
  • Interested parties are invited to contact CAELUS DIGITAL for a confidential discussion about partnership and tenant opportunities.

Julie Sloat and Louis Pinkham Named to Jacobs Board of Directors

Retrieved on: 
Friday, November 10, 2023

DALLAS, Nov. 10, 2023 /PRNewswire/ -- Jacobs (NYSE: J) announced today the election of Julie Sloat and Louis Pinkham to its Board of Directors, effective December 1, 2023. With considerable experience across business, technology, manufacturing and energy transition, they bring to the board a proven track record of scaling ground-breaking products and services, developing organizations, and building cross-industry strategic partnerships.

Key Points: 
  • DALLAS, Nov. 10, 2023 /PRNewswire/ -- Jacobs (NYSE: J) announced today the election of Julie Sloat and Louis Pinkham to its Board of Directors, effective December 1, 2023.
  • She was previously responsible for all aspects of electric service for AEP Ohio's 1.5 million customers and leading 1,500 employees plus contract employees.
  • In addition to her AEP career, Sloat was vice president of Corporate Finance and Investor Relations at Tween Brands, Inc. and held positions at Bank One and M&T Bank.
  • Jacobs CEO Bob Pragada said, "As we increase our focus on critical infrastructure, sustainability and data-driven solutions, we are excited to welcome Julie Sloat and Louis Pinkham to Jacobs' Board of Directors."

AirBoss Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

Net sales at ADG for Q3 2023 decreased by 10.0% to $21,193, from $23,553 in Q3 2022 and by 33.1% to $75,839 for 2023 year-to-date, from $113,354 for 2022 year-to-date.

Key Points: 
  • Net sales at ADG for Q3 2023 decreased by 10.0% to $21,193, from $23,553 in Q3 2022 and by 33.1% to $75,839 for 2023 year-to-date, from $113,354 for 2022 year-to-date.
  • Gross profit at ADG for Q3 2023 increased to 2,563, from $(51,299) in Q3 2022 and to $15,541 for 2023 year-to-date, from $(13,874) for 2022 year-to-date.
  • Net sales at AirBoss Rubber Solutions (“ARS”) for Q3 2023 decreased by 12.9% to $50,967, from $58,484 in Q3 2022 and decreased by 8.1% to $163,907 for 2023 year-to-date, from $178,371 for 2022 year-to-date.
  • Tolling volume was down 5.9% for the quarter and 59.1% year-to-date, while non-tolling volume was down 9.5% for the quarter and 9.2% year-to-date.

Primerica Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023

The effective tax rate was 23.5% in the third quarter of 2023 compared to 34.3% in the prior year period.

Key Points: 
  • The effective tax rate was 23.5% in the third quarter of 2023 compared to 34.3% in the prior year period.
  • The Board of Directors has approved a dividend of $0.65 per share, payable on December 12, 2023, to stockholders of record on November 21, 2023.
  • Primerica Life Insurance Company’s statutory risk-based capital (RBC) ratio was estimated to be approximately 445% as of September 30, 2023.
  • Primerica will hold a webcast on Wednesday, November 8, 2023, at 10:00 a.m. Eastern, to discuss the quarter’s results.

Mark Farrah Associates Assessed the 2024 Competitive Medicare Advantage Market

Retrieved on: 
Monday, October 30, 2023

Mark Farrah Associates (MFA), www.markfarrah.com , released an analysis presenting a brief assessment of the 2024 Medicare market landscape.

Key Points: 
  • Mark Farrah Associates (MFA), www.markfarrah.com , released an analysis presenting a brief assessment of the 2024 Medicare market landscape.
  • With the 2024 Annual Election Period (AEP) well underway, health plans invested in Medicare Advantage (MA) business have been eagerly marketing their products to attract more seniors.
  • MFA reported 5,805 distinct MA plan offerings are in the market lineup for the current 2024 AEP.
  • This includes MA plans, Medicare Advantage with prescription drug plans (MAPDs), Medicare/Medicaid plans (MMPs), and Special Needs Plans (SNPs).

MA Plan Retention Best Practices Deliver 10% Retention Boost YoY

Retrieved on: 
Thursday, November 2, 2023

ARLINGTON, Va., Nov. 2, 2023 /PRNewswire/ --

Key Points: 
  • In this high-stakes landscape, Healthrageous offers a proven strategy that has driven a 10% boost in member retention, particularly essential for plans operating without a Big Blue Budget.
  • Meet Members' Highest Needs One of the greatest challenges facing chronically ill MA plan members is food insecurity.
  • These messages have a higher open rate compared to generic MA plan notifications, reinforcing the member's trust in the food provider.
  • Healthrageous isn't just about retention; it's a secret weapon that drives real ROI, boost CAHPS scores and consistently improves member satisfaction.

AEP SCHEDULES LIVE WEBCAST OF QUARTERLY EARNINGS CALL

Retrieved on: 
Monday, October 30, 2023

COLUMBUS, Ohio, Oct. 30, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.

Key Points: 
  • COLUMBUS, Ohio, Oct. 30, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.
  • The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call.
  • The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast.
  • AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.

AEP SELECTED AS BEST INTERNSHIP IN ENERGY AND RENEWABLES INDUSTRY

Retrieved on: 
Thursday, October 26, 2023

COLUMBUS, Ohio, Oct. 26, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was selected as the best and highest-rated internship in the energy and renewables industry in Vault's 2024 Internship Rankings.

Key Points: 
  • COLUMBUS, Ohio, Oct. 26, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was selected as the best and highest-rated internship in the energy and renewables industry in Vault's 2024 Internship Rankings.
  • AEP was ranked the number one internship in the renewables and energy industry and the third best internship overall for Engineering.
  • "We are proud that our past program participants found value in the program and rated us the number one internship ranking in the energy and renewables industry."
  • AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.

DTE Energy names Nicholas Akins to board of directors

Retrieved on: 
Thursday, October 26, 2023

Detroit, Oct. 26, 2023 (GLOBE NEWSWIRE) -- DETROIT, Oct. 26, 2023 — DTE Energy (NYSE: DTE) has named Nicholas K. Akins, retired Executive Chair of American Electric Power (AEP), to its board of directors, effective December 4.

Key Points: 
  • Detroit, Oct. 26, 2023 (GLOBE NEWSWIRE) -- DETROIT, Oct. 26, 2023 — DTE Energy (NYSE: DTE) has named Nicholas K. Akins, retired Executive Chair of American Electric Power (AEP), to its board of directors, effective December 4.
  • Akins, who recently retired from AEP after more than 40 years with the company, also served as the company’s chief executive officer from 2011 through 2022.
  • He led AEP through a period of grid modernization and growth while transitioning the utility toward a clean energy future.
  • “We look forward to bringing Nick with his history of grid modernization and workplace innovation to our board of directors,” Jerry Norcia, chairman and CEO of DTE Energy, said.

FSP Names Troy Branch 2023-2024 National Secretary

Retrieved on: 
Thursday, October 26, 2023

ARDMORE, Pa., Oct. 26, 2023 /PRNewswire/ -- The Society of Financial Service Professionals (FSP), a nationwide, multidisciplinary network, has elected Troy D. Branch, JD, CLU, ChFC, to the office of national secretary for 2023-2024.

Key Points: 
  • ARDMORE, Pa., Oct. 26, 2023 /PRNewswire/ -- The Society of Financial Service Professionals (FSP), a nationwide, multidisciplinary network, has elected Troy D. Branch, JD, CLU, ChFC, to the office of national secretary for 2023-2024.
  • Branch is the second vice president, advanced planning with Ameritas, where he consults with client advisors and insurance professionals.
  • Branch is a frequent speaker at industry events and his appearances include guest lecturing at the University of Nebraska–Lincoln, Texas Tech University, NAIFA/FSP Advanced Practice Symposia, and most recently, the FPA national conference.
  • An FSP member since 2017, Branch has served on FSP's national board of directors since 2019 and is currently on the board of the Lincoln, Nebraska Chapter of FSP.