Policy

Capital Power announces its inaugural Green Subordinated Notes offering

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Friday, August 19, 2022 - 1:50am
Scotiabank, System, Carbon, Capital Power Corporation, Legislation, GLOBE, Capital, Growth, Sustainalytics, Investment, TSX, RBC Capital Markets, Policy, S&P Global Ratings, Sale, Analysis, Perception, BB, BMO Capital Markets, Review, Coal, Company, CPX, Natural gas, Risk, Electricity, Maintenance, Retrieval, Green, Offering, Note, Person, Life insurance, Risk management, Security (finance)

EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it has priced a public offering (the Offering) in Canada of C$350 million 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due September 9, 2082 (the Notes).

Key Points: 
  • EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it has priced a public offering (the Offering) in Canada of C$350 million 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due September 9, 2082 (the Notes).
  • The Offering represents the Companys first green bond offering pursuant to its recently released Green Financing Framework, which Sustainalytics reviewed and provided a second-party opinion confirming its credibility.
  • Capital Power (TSX: CPX) is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy headquartered in Edmonton, Alberta.
  • Capital Power owns approximately 6,600 MW of power generation capacity at 27 facilities across North America.

Ontario Health Coalition response to Ford government’s plans to move seniors out of hospitals & privatize hospital diagnostics and surgeries to for-profit clinics and hospitals

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Thursday, August 18, 2022 - 11:08pm
IHF Council, LTC, Ontario Health Coalition, Canada Health Act, Intensive word form, Legislation, GLOBE, Policy, CT, Baillie–PSW primality test, Hospital, RPN, Government, OHIP, Nursing, Critical care, Health, Patient, Intensive care unit, COVID-19, Long-term care, Medicare, The Weather Network, RNS, Pressure, Ford Motor Company, Protecting a Sustainable Public Sector for Future Generations Act, 2019, Physician, Coalition, Magnetic resonance imaging, Life expectancy, Ontario Health (agency), MRI, Bed, Complaint, Health insurance, Medicine, Pharmaceutical industry

They continue to ignore entirely the critical shortage of health professionals (MRI, CT and Laboratory Technologists, Respiratory Therapists and others).

Key Points: 
  • They continue to ignore entirely the critical shortage of health professionals (MRI, CT and Laboratory Technologists, Respiratory Therapists and others).
  • Despite the governments repeated announcements, the staff have not materialized and Ontarios hospital critical and emergency care are now in an unprecedented staffing crisis.
  • In the Ontario Health Coalitions fifty years of existence, the widespread closures we are seeing this summer have never happened before.
  • The Ontario Health Coalition held 20 press conferences in the months leading into the election warning that the Ford government was planning to privatize surgeries and diagnostics.

SS&C Announces Common Stock Dividend of $0.20 Per Share

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Thursday, August 18, 2022 - 11:28pm
Policy, Technology, Board of directors, SS, Multimedia, Board, Software, SS&C, Management

WINDSOR, Conn., Aug. 18, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC) today announced its Board of Directors has approved a quarterly dividend payout of $0.20 per share, consistent with its quarterly dividend policy.

Key Points: 
  • WINDSOR, Conn., Aug. 18, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC) today announced its Board of Directors has approved a quarterly dividend payout of $0.20 per share, consistent with its quarterly dividend policy.
  • The dividend is payable onSeptember 15, 2022, to stockholders of record as of the close of business onSeptember 1, 2022.
  • SS&C is a global provider of services and software for the financial services and healthcare industries.
  • Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Nation's Largest Truck Manufacturers Call for Investment, Coordination to Support ZEV Rollout

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Thursday, August 18, 2022 - 11:00pm
Zero, ZEVS, Multimedia, Inflation, PACCAR, Industry, Cabinet Secretary for Infrastructure, Investment and Cities, OEM, Technology, Policy, Sale, Leadership, Original equipment manufacturer, Government, Daimler Trucks North America, Hotel manager, Transport, EV, MHD, Volvo, Lead, ZEV, Goal, Partner, Expo, Total cost, Adoption, Public policy, Renewable energy, Ownership, Navistar International

To get these vehicles onto roads, our nation must prioritize a coordinated and comprehensive strategy, encouraging ZEV uptake and addressing gaps in charging and utility infrastructure.

Key Points: 
  • To get these vehicles onto roads, our nation must prioritize a coordinated and comprehensive strategy, encouraging ZEV uptake and addressing gaps in charging and utility infrastructure.
  • For this reason, Volvo Group applauds the recent adoption of the Inflation Reduction Act and the Infrastructure Investment and Jobs Act which provide meaningful federal support for heavy-duty zero emission vehicle and infrastructure deployment."
  • PZEVF members include trucking associations, private operators, and other stakeholders committed to meeting environmental and economic goals of MHD ZEV deployment.
  • Despite the challenges ahead, OEM representatives were adamant that, through collaboration and cooperation among public and private stakeholders, the end goal of ZEV commercial truck fleets was achievable.

AM Best Affirms Credit Ratings of SUNZ Insurance Company

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Thursday, August 18, 2022 - 10:37pm
Credit, Industry, Insurance, Policy, Environment, Partnership, Transport, Specialization, AM Best, PEO, News, Solution

BRADENTON, Fla., Aug. 18, 2022 /PRNewswire/ -- SUNZ Insurance CEO Steve F. Herrig announced today that AM Best affirmed the Financial Strength Rating of "A-" (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent) to SUNZ Insurance Company.

Key Points: 
  • BRADENTON, Fla., Aug. 18, 2022 /PRNewswire/ -- SUNZ Insurance CEO Steve F. Herrig announced today that AM Best affirmed the Financial Strength Rating of "A-" (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent) to SUNZ Insurance Company.
  • The outlook of these Credit Ratings (ratings) is stable.
  • The ratings reflect SUNZ Insurance Company's balance sheet strength, operating performance, business profile and enterprise risk management.
  • AM Best is a global credit rating agency, news publisher, and data analytics provider specializing in the insurance industry.

Annaly Capital Management, Inc. Announces Preferred Dividends

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Thursday, August 18, 2022 - 9:20pm
Construction & Property, Professional Services, REIT, Finance, Investment, Policy, Board, Annual report, Investment Company Act of 1940, Risk management, COVID-19, Company, Annaly, Trust, REIT, News, Security (finance), Series

In accordance with the terms of Annalys 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Series F Preferred Stock), the Board has declared a Series F Preferred Stock cash dividend for the third quarter of 2022 of $0.434375 per share of Series F Preferred Stock.

Key Points: 
  • In accordance with the terms of Annalys 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Series F Preferred Stock), the Board has declared a Series F Preferred Stock cash dividend for the third quarter of 2022 of $0.434375 per share of Series F Preferred Stock.
  • In accordance with the terms of Annalys 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Series G Preferred Stock), the Board has declared a Series G Preferred Stock cash dividend for the third quarter of 2022 of $0.40625 per share of Series G Preferred Stock.
  • In accordance with the terms of Annalys 6.75% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Series I Preferred Stock), the Board has declared a Series I Preferred Stock cash dividend for the third quarter of 2022 of $0.421875 per share of Series I Preferred Stock.
  • Dividends for the Series F Preferred Stock, Series G Preferred Stock, and Series I Preferred Stock are payable on September 30, 2022 to preferred shareholders of record as of September 1, 2022.

Stone reports 2Q22 revenues of R$ 2.3 billion and consolidated TPV of R$ 91 billion, combined with solid profitability increase

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Thursday, August 18, 2022 - 9:54pm
CEO, TPV, Technology, Ecosystem, Growth, Policy, Software, Stonecoal Creek, Life, Financial services, Yoy, Rock (geology), Tax, MSMB, Solution, EBT, Efficiency, Renewable energy, Bookkeeping

SÃO PAULO, Aug. 18, 2022 /PRNewswire/ -- Today, August 18, StoneCo Ltd. (Nasdaq: STNE) reported its financial results for the second quarter of 2022. The highlights are net revenues of R$ 2.3 billion, 5% above the guidance, and pre-tax earnings of R$ 107 million, 19% above the guidance. Revenue growth was driven by a 101.5% year on year rise in revenues from the Financial Services segment, which reached R$ 1.9 billion, combined with a 23% increase in revenues from the Software segment, which reached R$ 351 million. The company expects to continue consistently growing revenue and expanding margins throughout 2022.

Key Points: 
  • The highlights are net revenues of R$ 2.3 billion, 5% above the guidance, and pre-tax earnings of R$ 107 million, 19% above the guidance.
  • Revenue growth was driven by a 101.5% year on year rise in revenues from the Financial Services segment, which reached R$ 1.9 billion, combined with a 23% increase in revenues from the Software segment, which reached R$ 351 million.
  • Stone focus remains on balancing growth and profitability, mainly in micro, small and medium-sized businesses (MSMB) operations.
  • Total payment volume (TPV) grew 50% year on year, reaching R$ 91 billion in 2Q22.

CED Issues Statement on CDC Director's Call for Major Reforms of the Agency

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Thursday, August 18, 2022 - 9:34pm
Monkeypox, Public health, Committee for Economic Development, The Conference Board, Policy, Center, CED, Communication, CDC, Centers for Disease Control and Prevention, Economic development, Solution, Conference, Public policy, Committee, Pharmaceutical industry, Risk management, Management

We share Dr. Walensky's goal of "a new, public health, action-oriented culture at the CDC that emphasizes accountability, collaboration, communication and timeliness."

Key Points: 
  • We share Dr. Walensky's goal of "a new, public health, action-oriented culture at the CDC that emphasizes accountability, collaboration, communication and timeliness."
  • These and other reforms will help the agency respond much faster to public health emergencies, including the current monkeypox outbreak.
  • CEDTrustees are chief executive officers and key executives of leading US companies who bring their unique experience to address today's pressing policy issues.
  • Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States.

Media Invited to Learn About NASA Tools, Resources for Agriculture

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Thursday, August 18, 2022 - 9:10pm
Multimedia, Food security, Farmer, Policy, Agriculture, CDT, Research, Lincoln, Nebraska, Climate, NASA, University of Nebraska–Lincoln, Center, Water, Science, University, Weather, Accreditation, Temperature, Organization, Communications satellite, Online shopping

WASHINGTON, Aug. 18, 2022 /PRNewswire/ -- NASA will host a media teleconference at 1:30 p.m. CDT Thursday, Aug. 25, to discuss the agency's tools, resources, and science research available to the agriculture community.

Key Points: 
  • WASHINGTON, Aug. 18, 2022 /PRNewswire/ -- NASA will host a media teleconference at 1:30 p.m. CDT Thursday, Aug. 25, to discuss the agency's tools, resources, and science research available to the agriculture community.
  • For more than 50 years, NASA satellites have provided open-source and publicly available data on Earth's land, water, temperature, weather, and climate.
  • By engaging with an agricultural community adapting to changes in weather and water cycles, NASA can learn about emerging needs and demands to shape future missions.
  • More information about NASA's work in agriculture is available at:
    View original content to download multimedia: https://www.prnewswire.com/news-releases/media-invited-to-learn-about-na...

Universal Casualty Launches Auto-Shops Partnership With NYIADA

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Thursday, August 18, 2022 - 8:15pm
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The partnership is 100% dedicated to the owners of independent auto shops--with tailored solutions that have zero hassles. By removing the broker, specializing our service, and partnering with a sizable organization like NYIADA, Universal Causality has reduced premium costs with increased customer service capabilities for independent auto dealers through this bulk offering.  

Key Points: 
  • JERICHO, N.Y., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Universal Casualty is proud to announce its partnership with NYIADA ; theNew York Independent Automobile Dealers Association.
  • Tim Derham , CEO of Universal Casualty is thrilled with the opportunity to work with NYIADA, stating, "We look forward to savings NYIADA members lots of money and understanding their very specific coverage needs."
  • Gary Bolan , Chief Underwriting officer at Universal Casualty, adds: "The partnership is symbiotic of our organization's mutual goals."
  • Paula Frendel , Executive Director at NYIADA, added on that she "is elated to extend our partnership nationwide to serve members' insurance needs at NYIADA."