PFG

Idaho Central Credit Union Selects Priority Financial Group to Elevate Wealth Services Department

Retrieved on: 
Tuesday, April 9, 2024
Finance, Consulting, Banking, Professional Services, Fintech, Philosophy, Partnership, Idaho Central Credit Union, Fidelity, PFG, ICCU, Priority, Financial adviser

Priority Financial Group (PFG) , a third-party registered investment advisor (TP-RIA) serving financial advisors and financial institutions, announced a strategic relationship with Idaho Central Credit Union (ICCU), a premier credit union in Idaho and Washington with approximately $10 billion in assets and more than 600,000 members.

Key Points: 
  • Priority Financial Group (PFG) , a third-party registered investment advisor (TP-RIA) serving financial advisors and financial institutions, announced a strategic relationship with Idaho Central Credit Union (ICCU), a premier credit union in Idaho and Washington with approximately $10 billion in assets and more than 600,000 members.
  • Aimed at broadening ICCU’s wealth management offering, the collaboration marks PFG’s inaugural partnership with a credit union in Idaho and the firm’s first credit union client with a Private Client Group.
  • “We love the cultural match in partnering with Priority Financial Group, and we’re excited to take our wealth management capabilities to the next level,” said Jeppsen.
  • Chris and his team represent the type of visionary credit union executives and quality financial advisors who truly care about placing their members’ best interests first.”

Principal to Announce First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Finance, Consulting, Asset Management, Banking, Personal Finance, PFG, Software

Principal Financial Group® (Nasdaq: PFG) announced today that it will release first quarter 2024 financial results after U.S. markets close on Thursday, April 25, 2024.

Key Points: 
  • Principal Financial Group® (Nasdaq: PFG) announced today that it will release first quarter 2024 financial results after U.S. markets close on Thursday, April 25, 2024.
  • On Friday, April 26, 2024, at 10 a.m.
  • ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call.
  • The company’s earnings release, financial supplement, and slides will be available at investors.principal.com .

Houlihan Lokey Continues Expansion of Private Funds Advisory Capabilities With Senior Hires for U.S. Primary Practice

Retrieved on: 
Thursday, April 4, 2024
Banking, Professional Services, Houlihan Lokey, Culture, GP, J. P. Morgan, Finance, Lazard, UBS, Merrill (company), Executive officer, Brookfield (corporation), Houlihan, Acquisition, Credit Suisse, Mercury, Corporate finance, Morgan Stanley, Capital market, PFG, Jefferies, HSBC, Partner, Financial services

The additions establish Houlihan Lokey as one of the only investment banks in the industry with a single integrated team focused on primary capital raising, secondary capital advisory, direct equity fundraising, and GP stakes advisory.

Key Points: 
  • The additions establish Houlihan Lokey as one of the only investment banks in the industry with a single integrated team focused on primary capital raising, secondary capital advisory, direct equity fundraising, and GP stakes advisory.
  • These hires follow the announcement in December 2023 of the acquisition of Triago Management Development in a major expansion of Houlihan Lokey’s Private Funds Group, led by Global Co-Heads Andy Lund and Cristina Forcina Westermann.
  • At Greenhill & Co., he built and led the Primary Private Capital Advisory business, having joined the firm in 2021 from Mercury Capital Advisors, where he was Head of North America.
  • With the recent acquisition, the firm has shown its clear commitment to being the leader in private capital advisory.

AM Best Affirms Credit Ratings of Principal Financial Group, Inc. and Its Subsidiaries

Retrieved on: 
Wednesday, March 27, 2024
Banking, Professional Services, Insurance, Finance, Principal, Risk management, Risk, ALL, Principal Financial Group, News, Long-Term Capital Management, Credit, AM Best, PFG, Superior, Security (finance)

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of Principal Life Insurance Company and Principal National Life Insurance Company.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of Principal Life Insurance Company and Principal National Life Insurance Company.
  • Both are life insurance operating companies of Principal Financial Group, Inc. (PFG) [NASDAQ: PFG] and collectively referred to as Principal.
  • Concurrently, AM Best has affirmed the Long-Term ICRs of “a” (Excellent) of Principal Financial Services, Inc. and PFG, as well as the group’s Long-Term Issue Credit Ratings (Long-Term IRs).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

HYZON ANNOUNCES FOURTH QUARTER 2023 FINANCIAL AND OPERATING RESULTS

Retrieved on: 
Friday, March 22, 2024
Membrane electrode assembly, Burn, Q&A, Food group, REMONDIS, Sale, Public expenditure, SOP, FCEV, Volvo, Investment, PFG, Performance Food Group, FCS, Gesellschaft mit beschränkter Haftung, Propane

BOLINGBROOK, Ill., March 22, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based manufacturer and global supplier of high-performance hydrogen fuel cell systems focused on providing zero-emission power to decarbonize the most demanding industries, today announced its fourth quarter 2023 financial and operational results:

Key Points: 
  • As of December 31, 2023, Hyzon deployed 19 vehicles under commercial agreements to customers in 2023, towards the upper end of its annual guidance range of 15-20 vehicles.
  • Hyzon also delivered four FCEVs to leading food distributor and supplier, PFG, in December 2023.
  • Hyzon completed its B-sample development phase of the 200kW Fuel Cell System (FCS) in Q4 2023, and advanced to C-sample development phase.
  • The Hyzon management team will host a conference call to discuss its fourth quarter financial results on Friday, March 22, 2024 at 8:30 am Eastern Time.

Performance Food Group and GPM Investments, LLC Partner to Launch a Premium Pizza Offering at Incredible Price

Retrieved on: 
Thursday, February 22, 2024
Restaurant, Bar, Food, Beverage, Retail, Supermarket, Convenience Store, GPM, Marketing, Core-Mark, Cheese, PFG, Apple, Alive, National accounts, Meal, Investment, GPM Investments, Partnership

Leveraging the expertise and quality of PFG company products, the pizza is now available frozen to take-and-bake in more than 1,000 GPM stores, and hot to customers in more than 200 stores.

Key Points: 
  • Leveraging the expertise and quality of PFG company products, the pizza is now available frozen to take-and-bake in more than 1,000 GPM stores, and hot to customers in more than 200 stores.
  • It is garnished with a hearty sauce blended from 100 percent California vine-ripened tomatoes and Wisconsin-made, whole milk mozzarella cheese with no preservatives layered on a made-from-scratch seasoned pizza crust.
  • “We believe that this highly relevant offering will be appreciated by our customers.”
    The $4.99 pizza will be available for enrolled fas REWARDS members, or $7.99 to unenrolled customers.
  • GPM has partnered with Pepsi® to offer customers an ideal complement to their meals through a co-branded launch.

GridMarket Announces Latest Clean Energy Project in Portfolio Energy Upgrade Initiative for Performance Food Group

Retrieved on: 
Wednesday, February 14, 2024
Senior, EV, Outline, Business development, Carbon, ITC, PFG, Partnership, Renewable energy

NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- GridMarket, LLC is pleased to announce its latest clean energy project with Performance Food Group, Inc. (PFG) (NYSE: PFGC).

Key Points: 
  • NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- GridMarket, LLC is pleased to announce its latest clean energy project with Performance Food Group, Inc. (PFG) (NYSE: PFGC).
  • The project at the PFG facility in Shafter, CA, consists of 1MW solar PV and a 250kW/550kWh battery storage system.
  • Leveraging the investment tax credit (ITC) increased project value and economic viability, and the system is another step towards PFG reaching operational efficiency and sustainability goals.
  • “Portfolio expansion in California and beyond underscores PFG’s dedication to advancing sustainable solutions and reinforces their commitment to clean energy development.

Principal Financial Group® Announces Full Year and Fourth Quarter 2023 Results as well as 2024 Outlook

Retrieved on: 
Monday, February 12, 2024
Finance, Banking, Professional Services, Asset Management, Insurance, DAC, Investment, Risk management, Telephone, Form 10-K, Confidentiality, Call Me, Annual report, Information technology, Tax, PFG, Failure, Environment

The company does not undertake to update these statements, which are based on a number of assumptions concerning future conditions that may ultimately prove to be inaccurate.

Key Points: 
  • The company does not undertake to update these statements, which are based on a number of assumptions concerning future conditions that may ultimately prove to be inaccurate.
  • Future events and their effects on the company may not be those anticipated, and actual results may differ materially from the results anticipated in these forward-looking statements.
  • However, it is possible these adjusting items have occurred in the past and could recur in future reporting periods.
  • The company’s financial supplement and slide presentation is currently available at investors.principal.com , and may be referred to during the call.

Performance Food Group Company Reports Second-Quarter and First-Half Fiscal 2024 Results

Retrieved on: 
Wednesday, February 7, 2024
Restaurant, Bar, Trucking, Supply Chain Management, Food, Beverage, Logistics, Transport, Discount, Variety, Retail, EPS, Growth, GAAP, Convenience, Public expenditure, PFG, Adjustment, Loss, Name, Acquisition, Depreciation, Webcast, Insurance, Pharmaceutical industry

Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC) today announced its second quarter and first half fiscal 2024 business results.

Key Points: 
  • Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC) today announced its second quarter and first half fiscal 2024 business results.
  • Net sales for the second quarter of fiscal 2024 grew 2.9% to $14.3 billion compared to the prior year period.
  • Gross profit for the second quarter of fiscal 2024 grew 6.6% to $1.6 billion compared to the prior year period.
  • Operating expenses rose 5.1% to $1.4 billion in the second quarter of fiscal 2024 compared to the prior year period.

Performance Food Group Announces First-of-its-Kind Partnership with Hershey

Retrieved on: 
Monday, January 29, 2024
Trucking, Transport, Supermarket, Specialty, Convenience Store, Restaurant, Bar, Food, Beverage, Retail, Supply Chain Management, The Hershey Company, PFG, Partnership, Chocolate, Love, Heath bar

Performance Food Group Company (PFG) (NYSE: PFGC) is pleased to announce it is the first food distribution company to enter a partnership with The Hershey Company to incorporate a variety of well-known Hershey products into its desserts.

Key Points: 
  • Performance Food Group Company (PFG) (NYSE: PFGC) is pleased to announce it is the first food distribution company to enter a partnership with The Hershey Company to incorporate a variety of well-known Hershey products into its desserts.
  • Select products in PFG’s premium line of dessert offerings, Sweet Encore®, will now feature Hershey ingredients including chocolate, caramel, Reese’s Peanut Butter Cups, Reese’s Pieces and Heath Bar bits.
  • “We are excited about this new partnership and look forward to providing our customers access to our top-quality desserts products that include Hershey’s ingredients.”
    PFG’s premium Sweet Encore® desserts that incorporate Hershey products will have co-branded product packaging.
  • Sweet Encore® desserts featuring Hershey products are available now.