Sequoioideae

Redwood Trust Reports Fourth Quarter 2022 Financial Results

Retrieved on: 
Thursday, February 9, 2023
Construction & Property, Professional Services, REIT, Finance, Baozou Big News Events, Investment, Security (finance), ABS, NYSE, News, Housing, Webcast, Sale, Letter, Dislocation, Delinquent, Real estate, Cryptocurrency, Financial services, Bank, GAAP, Sequoioideae, Bridge

Redwood Trust, Inc. (NYSE:RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the fourth quarter ended December 31, 2022.

Key Points: 
  • Redwood Trust, Inc. (NYSE:RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the fourth quarter ended December 31, 2022.
  • Recourse leverage ratio is defined as recourse debt at Redwood divided by tangible stockholders' equity.
  • A further discussion of Redwood's business and financial results is included in the fourth quarter 2022 Shareholder Letter and Redwood Review which are available under "Financial Info" within the Investor Relations section of the Company’s website at redwoodtrust.com/investor-relations.
  • Redwood will host an earnings call today, February 9, 2023, at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss its fourth quarter 2022 financial results.

Redwood Trust Announces Date of Fourth Quarter 2022 Financial Results Webcast and Conference Call

Retrieved on: 
Thursday, January 26, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Public Relations, Investor Relations, Banking, REIT, Communications, Professional Services, Other Construction & Property, Residential Building & Real Estate, Sequoioideae, Webcast, NYSE, Baozou Big News Events, News, Housing

Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its fourth quarter 2022 results on February 9, 2023 after the close of the market.

Key Points: 
  • Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its fourth quarter 2022 results on February 9, 2023 after the close of the market.
  • Redwood's senior management team plans to hold a conference call to discuss its fourth quarter 2022 financial results later that same day at 2:00 pm Pacific Time/ 5:00 pm Eastern Time.
  • The conference call will be webcast live in listen-only mode through the News & Events section of Redwood Trust’s Investor Relations website at https://www.redwoodtrust.com/investor-relations/news-events/events .
  • To listen to the webcast, please go to Redwood's website at least 15 minutes before the call to register and to download and install any needed audio software.

Redwood Trust Announces Dividend Distribution Tax Information for 2022

Retrieved on: 
Thursday, January 26, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, REIT, Other Construction & Property, Residential Building & Real Estate, Income tax, NYSE, Classification, Tax, Housing, Holding company, Sequoioideae

Redwood Trust, Inc. (NYSE: RWT, “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced tax information regarding its dividend distributions for 2022.

Key Points: 
  • Redwood Trust, Inc. (NYSE: RWT, “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced tax information regarding its dividend distributions for 2022.
  • Shareholders should check the tax statements they receive from their brokerage firms to confirm the Redwood dividend distribution information reported in those statements conforms to the information reported here.
  • All common stock dividend distributions paid during 2022 are reportable on shareholders' 2022 federal income tax returns, including the four quarterly regular dividend distributions of $0.23 per share for the first, second, third, and fourth quarters.
  • The table below provides more detailed information on the expected federal income tax characterization for each of Redwood's common stock dividend distributions that were paid for 2022.

Richard Runyon is recognized by Continental Who's Who

Retrieved on: 
Monday, February 13, 2023
Science, Chapman University, California State University, Perseverance, Biology, California State Polytechnic University, Pomona, Continental, Fellow of the American Association for the Advancement of Science, Travel, Engineering, Food, Research, Sequoioideae, AAAS, College, Morton Margolin Prize for Distinguished Business Reporting, FDA, Allan Hancock College, Risk management, Food and Drug Administration, Love, NUS, College of the Redwoods, Nursing

SEATTLE, Wash., Feb. 13, 2023 /PRNewswire/ -- Richard Runyon is being recognized by Continental Who's Who as a Distinguished Business Professional for his work as Senior Investigator and Analyst.

Key Points: 
  • SEATTLE, Wash., Feb. 13, 2023 /PRNewswire/ -- Richard Runyon is being recognized by Continental Who's Who as a Distinguished Business Professional for his work as Senior Investigator and Analyst.
  • Mr. Runyon earned a criminal justice degree at California State University, which he notes is where he discovered his love for science.
  • According to Mr. Runyon, the AAAS seeks to "advance science, engineering, and innovation throughout the world for the benefit of all people."
  • Mr. Runyon credits his success to perseverance, flexibility, and passion for travel to provide community education on his specialty topics.

Tech, Media, Telecom Team From BlueSquare Joins Oberon Securities

Retrieved on: 
Monday, January 23, 2023
Lucent, University of North Carolina at Charlotte, Merrill (company), University, Carnegie Mellon University, AT, Mergers and acquisitions, MIT Sloan School of Management, Columbia Business School, MBA, Entrepreneurship, Mitchell Madison Group, ICG, JPMorgan Chase, Credit Suisse, Social change, Oracle Corporation, Massachusetts Institute of Technology, Merrill Lynch & Co., Executive officer, Actua Corporation, Chapel Hill, Telecommunications, Partner, Cryptocurrency, Retail, Management, Sequoioideae, University of Pennsylvania, Oberon, Science

NEW YORK, Jan. 23, 2023 /PRNewswire-PRWeb/ -- The senior team from BlueSquare Capital, a boutique investment bank specializing in the technology, media and telecommunications industries, has joined Oberon Securities, an investment banking firm focused on middle market companies. The three BlueSquare professionals – Russ Crafton, Jeen Pae and Rob Dressler – have joined Oberon as Managing Directors. BlueSquare will continue operations as an affiliate of Oberon.

Key Points: 
  • The senior team from BlueSquare Capital, a boutique investment bank specializing in the technology, media and telecommunications industries, has joined Oberon Securities.
  • NEW YORK, Jan. 23, 2023 /PRNewswire-PRWeb/ -- The senior team from BlueSquare Capital, a boutique investment bank specializing in the technology, media and telecommunications industries, has joined Oberon Securities, an investment banking firm focused on middle market companies.
  • The three BlueSquare professionals – Russ Crafton, Jeen Pae and Rob Dressler – have joined Oberon as Managing Directors.
  • The Oberon TMT team, able to leverage the complementary skills and experience of other Oberon team members, can be a major asset to middle market companies in those industries."

Redwood Services Announces Investment in Best Care Home Services

Retrieved on: 
Tuesday, February 7, 2023
Francis A. Arlinghaus, AL, HVAC, Partner, Apollo, Investment, Growth, Air Service Plus, Management, Sequoioideae

MEMPHIS, Tenn., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Redwood Services (“Redwood”), a home services firm focused on investing in leading residential HVAC, plumbing and electrical services companies in growing U.S. markets, today announced it has invested in Best Care Home Services (“Best Care”).

Key Points: 
  • MEMPHIS, Tenn., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Redwood Services (“Redwood”), a home services firm focused on investing in leading residential HVAC, plumbing and electrical services companies in growing U.S. markets, today announced it has invested in Best Care Home Services (“Best Care”).
  • “Best Care has quickly established a powerful presence in the Memphis and Huntsville markets, with a strong, experienced team that supports the company's rapidly expanding customer base,” said Richard Lewis, CEO of Redwood Services.
  • Redwood will offer operational, strategic and financial support to enhance the company’s growth, while the Best Care team will continue to operate and manage the business under the Best Care banner and name.
  • “From my earliest conversations with the Redwood team, it was clear that they recognized and appreciated the business values we’ve established at Best Care,” said Brian Reed, founder and CEO of Best Care.

By The Bay Health CEO Announces Retirement

Retrieved on: 
Monday, February 6, 2023
Korn Ferry, MS, Family, Friends, COVID-19, RN, Hospice, Palliative care, Bay, Health, Patient, Sonoma Valley Hospital, UCSF, Sequoioideae, Management, Medicine

LARKSPUR, Calif., Feb. 06, 2023 (GLOBE NEWSWIRE) -- By the Bay Health Chief Executive Officer Kitty Whitaker, RN, MS has announced plans to retire in the spring of 2023.

Key Points: 
  • LARKSPUR, Calif., Feb. 06, 2023 (GLOBE NEWSWIRE) -- By the Bay Health Chief Executive Officer Kitty Whitaker, RN, MS has announced plans to retire in the spring of 2023.
  • An affiliation with UCSF Health to promote hospice and palliative care within UCSF’s regional healthcare system was formed in 2015.
  • In 2021, citing Hospice by the Bay’s dynamic growth, Whitaker led efforts to rebrand the organization from Hospice By the Bay to By the Bay Health.
  • Asked about her tenure at By the Bay Health, Whitaker said, “It has truly been an honor to grow with this agency over the years.

Food Logistics Recognizes Redwood Logistics as a Top Software and Technology Provider

Retrieved on: 
Friday, February 3, 2023
Modal operator, Top (software), Software, Taylor Farms, Open Trusted Technology Provider Standard, SMS, Temperature, Warehouse, Food, Sequoioideae

CHICAGO, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Redwood Logistics (Redwood), one of the fastest-growing supply chain and logistics companies in North America, announced today the company’s inclusion in Food Logistics’ annual list of Top 100 Software and Technology Providers. The award celebrates providers of technology, specifically those ensuring a safe, efficient and reliable global food and beverage supply chain.

Key Points: 
  • CHICAGO, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Redwood Logistics (Redwood), one of the fastest-growing supply chain and logistics companies in North America, announced today the company’s inclusion in Food Logistics’ annual list of Top 100 Software and Technology Providers .
  • The award celebrates providers of technology, specifically those ensuring a safe, efficient and reliable global food and beverage supply chain.
  • RedwoodConnect automatically configures the data, creating actionable decision-making opportunities for logistics teams and freeing up IT departments to focus on other competing priorities.
  • “When food and cold storage providers are ready to ship, Redwood goes beyond a standard data provider,” said Eric Rempel, Chief Innovation Officer, Redwood.

Redwood Software Acquires Cerberus to Extend Leadership in Delivering Secure File Transfer Automation Solutions

Retrieved on: 
Wednesday, February 1, 2023
Grainger, Automation, Wells Fargo, M&A, Lincoln International, National Health Service, UBS, Acquisition, PricewaterhouseCoopers, Coca-Cola, Mercedes-Benz, NASA, File Transfer Protocol, GM, UI, Advanced Systems Concepts, Inc., Orrick, Sodexo, Organization, Heineken, SpaceX, MFT, Sequoioideae, Airbus, Risk management, Sales, Management, Lenovo, Cerberus

FRISCO, Texas, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Redwood Software, the industry leader in full stack automation, today announced its acquisition of Cerberus, a leading secure file transfer provider that serves some of the largest global organizations.

Key Points: 
  • FRISCO, Texas, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Redwood Software, the industry leader in full stack automation, today announced its acquisition of Cerberus, a leading secure file transfer provider that serves some of the largest global organizations.
  • Following Redwood’s recent acquisition of enterprise workload automation provider Tidal Software , Cerberus further adds to Redwood’s comprehensive automation and managed file transfer portfolio, which also includes RunMyJobs, ActiveBatch and JSCAPE.
  • Along with JSCAPE, Redwood’s enterprise managed file transfer (MFT) solution, Redwood is able to serve the broadest range of secure managed file transfer use cases.
  • Expanding Redwood’s automation footprint in the technology, financial services, healthcare and public sectors – Cerberus provides secure file transfer solutions to many global organizations in these industries, including Lenovo, NASA, National Health Service, PwC, Sodexo and SpaceX.

Vero Networks delivers new fiber network to boost connectivity, earthquake detection, and healthcare in Humboldt County

Retrieved on: 
Thursday, January 19, 2023
PG&E, Digital, Foot, University, Government, City, College, Sequoioideae, PG, University of California, Berkeley, USGS, College of the Redwoods, Movement, Earthquake, Cable television, Tunnel

Vero Networks has been busy constructing networks around the North, East, and West sides of Arcata Bay and in the City of Arcata.

Key Points: 
  • Vero Networks has been busy constructing networks around the North, East, and West sides of Arcata Bay and in the City of Arcata.
  • Vero Networks is further supporting educational networks by building fiber optic cable towards a state-of-the-art learning lab focused on the development of a healthcare workforce in Northern California.
  • This historic investment will help grow healthcare career programs at both Cal Poly Humboldt and College of the Redwoods.
  • In 2023 Vero Networks will begin construction of the Digital 299 route from Arcata (along hwy 299) to Redding bringing fiber optic network along a corridor that has traditionally been underserved or unserved with broadband.