Russell

Northern Trust Universe Data: Institutional Plans Post Negative Returns as Global Equity Markets Sell Off in Q3

Retrieved on: 
Monday, November 6, 2023
Finance, Consulting, Banking, Professional Services, Asset Management, Universe, Risk, St. Jude Championship, ERISA, Risk register, Hedge fund, Russell, Private equity, Federal, Northern Trust, Government, St Jude's GAA, Education, Communities and Justice Directorates, Security (finance), Life insurance, Endowment

The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was down -2.2% for the quarter ending September 30, 2023.

Key Points: 
  • The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was down -2.2% for the quarter ending September 30, 2023.
  • The Northern Trust Foundation and Endowment (F&E) universe produced a -1.1% median return for the quarter, while the Northern Trust Public Funds universe median return was down -1.7% and the Northern Trust Corporate (ERISA) universe median return was -5.1%.
  • Public Funds universe median multi-period returns for the one-, three- and five-year periods stand at 9.1%, 5.6% and 5.2%, respectively.
  • The segment continues to increase the allocation to Private Equity, where the universe median allocation now stands at 15.1%.

Aimco Reports Third Quarter Results, Updates 2023 Guidance, and Provides Highlights on Recent and Planned Activities

Retrieved on: 
Monday, November 6, 2023
REIT, Finance, Professional Services, Residential Building & Real Estate, Construction & Property, Aurora, Documentation, Sale, National Air Communications, Faculty, Parkmerced, San Francisco, Washington Metro, Front Range, National Institute for Occupational Safety and Health, TSR, Russell, Washington, D.C., AIR, Investment, Grosvenor–Strathmore station, Airline, Property management, Aimco

Aimco acquired 1.7 million shares of its common stock during the third quarter 2023 at an average cost of $7.52 per share.

Key Points: 
  • Aimco acquired 1.7 million shares of its common stock during the third quarter 2023 at an average cost of $7.52 per share.
  • Year to date, as of October 31, 2023, Aimco acquired more than 5.3 million shares at an average price of $7.40 per share.
  • Subsequent to quarter end, the Aimco Board of Directors increased the number of shares authorized for repurchase to 30 million, doubling the size of the Board’s previous authorization.
  • As of September 30, 2023, Aimco had five active development and redevelopment projects located in four U.S. markets, in varying phases of construction and lease-up.

APi Group Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023
Professional Services, Packaging, Retail, Business, Manufacturing, Specialty, Other Manufacturing, Ratio, EBITDA, Growth, Telephone, Conference, Investment, GAAP, Russell, Eastern Time Zone, FFX, API, Bank

Our goal of evolving away from lower margin, higher risk opportunities while focusing investments on service revenue expansion is yielding the desired results.

Key Points: 
  • Our goal of evolving away from lower margin, higher risk opportunities while focusing investments on service revenue expansion is yielding the desired results.
  • The benefit of these initiatives is shown in APi’s consistently strong and improving financial results.
  • These results are built on a strong foundation of driving the Company’s recurring revenue, services-focused business model while expanding the financial discipline of the organization and its leadership team.
  • You may also attend and view the presentation (live or by replay) via webcast by accessing the following URL:

Taylor Morrison Celebrated in U.S. News & World Report's Inaugural Best Companies to Work For List

Retrieved on: 
Monday, November 6, 2023
Hearthstone, Best, NYSE, The Wall Street Journal, Workplace, Publication, News, Interface (computing), GEI, Russell, Bloomberg, U.S. News & World Report, Home, Management, Newsweek

SCOTTSDALE, Ariz., Nov. 6, 2023 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, has named America's Most Trusted® Home Builder Taylor Morrison (NYSE: TMHC) one of the Best Companies to Work For in its inaugural list.

Key Points: 
  • SCOTTSDALE, Ariz., Nov. 6, 2023 /PRNewswire/ -- U.S. News & World Report , the global authority in rankings and consumer advice, has named America's Most Trusted® Home Builder Taylor Morrison (NYSE: TMHC) one of the Best Companies to Work For in its inaugural list.
  • Taylor Morrison was ranked among 349 companies spanning 20 industries on factors contributing to job seekers' decision-making when choosing a workplace that best meets their needs.
  • In addition to being named one of the Best Companies to Work For by U.S. News & World Report, nearly half of Taylor Morrison's divisions across the country have also been recognized as top places to work in local news publications' annual rankings.
  • Furthermore, 92 percent of current team members report they are proud to work for Taylor Morrison.

** Defiance Launches $IWMY, the Only ETF to Utilize Daily Options on the Russell 2000 for Enhanced Income. Paid Monthly1.

Retrieved on: 
Tuesday, October 31, 2023
Banking, Other Professional Services, Professional Services, Finance, Risk, Sale, Russell 2000 Index, History, ETF, Only, Multimedia, Lovell Minnick Partners, Artificial intelligence, Trust, Adviser, Prospectus, Russell, Machine learning, Fund, NAV, Pandemic, Investment, Uncertainty, Financial adviser, Video game, Security (finance), Life insurance, Manufacturing, Defiance, Distribution, Index

IWMY, an actively managed put-write ETF, harnesses the power of daily options to help augment income, distributed on a monthly basis1, on the Russell 2000 index.

Key Points: 
  • IWMY, an actively managed put-write ETF, harnesses the power of daily options to help augment income, distributed on a monthly basis1, on the Russell 2000 index.
  • View the full release here: https://www.businesswire.com/news/home/20231030834359/en/
    Defiance Launches $IWMY, the Only ETF to Utilize Daily Options on the Russell 2000 for Enhanced Income.
  • Daily Options: IWMY utilizes daily options to help maximize income potential, providing investors with the potential to enhance their income stream.
  • Russell 2000 Focus: IWMY's strategy centers on the Russell 2000, one of the most recognized and widely followed indices in the financial world.

Glass Lewis Joins ISS in Recommending LifeVantage Corporation’s Stockholders Vote FOR Boardroom Change on the BLUE Proxy Card at the Upcoming Annual Meeting

Retrieved on: 
Monday, October 30, 2023
Professional Services, Finance, BLUE, Protandim, Strategic planning, Peer group, Proxy, Human, Coca-Cola, Visa, Crash, CARD, TSR, Lohner, INFO, ANY, Co-optex, Glass, Russell, ISS, Audit committee, Management, Security (finance), Jon Radoff, Shareholder

Specifically, Glass Lewis recommended that stockholders elect independent director candidate Dayton Judd and withhold support for long-tenured director Michael Beindorff at the Company’s upcoming Annual Meeting of Stockholders (the “Annual Meeting”).

Key Points: 
  • Specifically, Glass Lewis recommended that stockholders elect independent director candidate Dayton Judd and withhold support for long-tenured director Michael Beindorff at the Company’s upcoming Annual Meeting of Stockholders (the “Annual Meeting”).
  • “We appreciate that both leading independent proxy advisory firms have endorsed boardroom change at LifeVantage and highlighted the Company’s long-term underperformance under current Board leadership.
  • Importantly, Glass Lewis noted it would be in stockholders’ best interest to remove 11-year tenured director Michael Beindorff from the Board, while ISS supports the removal of 15-year tenured Chairman Garry Mauro.
  • IF YOU VOTED FOR THE COMPANY’S NOMINEES PREVIOUSLY, A LATER DATED VOTE FOR THE RADOFF-SUDBURY NOMINEES WILL OVERRIDE YOUR PRIOR VOTING INSTRUCTIONS.

Sarah E. Nash Receives Inaugural Russell S. Reynolds, Jr. Chair of the Year Award

Retrieved on: 
Thursday, October 26, 2023
Consulting, Professional Services, Human Resources, Bath & Body Works, Inc., Bath & Body Works, Ernst & Young Entrepreneur of the Year Award, Chair, Multimedia, COVID, JPMorgan Chase, Russell, Bath, Body, Management

Chair of the Year Award to Sarah E. Nash , Chair of the board of Bath & Body Works .

Key Points: 
  • Chair of the Year Award to Sarah E. Nash , Chair of the board of Bath & Body Works .
  • The award was presented to Sarah at the firm’s annual Directors Dinner in New York City on October 25, 2023.
  • The award recognizes a Chair who successfully led a public company Board of Directors through significant business or governance challenges.
  • The leadership and integrity exhibited by Sarah is an example of how important board leadership is during times of turbulence.

Kaiser Aluminum Corporation Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023
Security (finance), Kaiser, Warrick, Eastern Time Zone, EBITDA, Treasury, News, GAAP, Aluminium, UAW, Bank statement, Magnesium, Environment, Growth, EPS, ID, Russell, Regulate... G Funk Era, Part II, Webcast, Alloy, Depreciation, Central Time, Hand, Culture, Cost, Pacific Ocean, Table, Investment, Sumathi Best Television Current Reporting Award, Reinsurance, Real estate, Bookkeeping, Bank, Credit, Tourism, Video game

FRANKLIN, Tenn., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced third quarter 2023 results.

Key Points: 
  • Adjusted EBITDA of $48 million in the third quarter 2023 increased $19 million compared to the prior year period and decreased $16 million compared to the second quarter 2023.
  • Adjusted EBITDA as a percentage of conversion revenue was 13.3% in the third quarter 2023 compared to 8.9% in the prior year period and 16.8% in the second quarter 2023.
  • As a result, consolidated adjusted EBITDA in the fourth quarter 2023 is expected to be in line to slightly higher as compared to its adjusted fourth quarter 2022 results.
  • Kaiser Aluminum Corporation will host a conference call on Thursday, October 26, 2023, at 10:00 am (Eastern Time); 9:00 am (Central Time); 7:00 am (Pacific Time), to discuss its third quarter results.

Milwaukee Women inc 2023 Research Report Shows Continued Progress

Retrieved on: 
Wednesday, October 25, 2023
Other Professional Services, DEI (Diversity, Equity and Inclusion), Women, Thought Leadership, Consulting, Professional Services, Consumer, Business, Female, Woman, Research, Power of three, Growth, Russell, Marketing, Parity, Culture, Management, Nursing

Milwaukee Women inc (MWi) today released its 2023 annual research report, “Driving Forward: Our Work Is Not Done.” MWi is an organization of executives determined to change the composition of corporate boards to maximize the performance of public and private companies with a focus on women and women of color.

Key Points: 
  • Milwaukee Women inc (MWi) today released its 2023 annual research report, “Driving Forward: Our Work Is Not Done.” MWi is an organization of executives determined to change the composition of corporate boards to maximize the performance of public and private companies with a focus on women and women of color.
  • This year’s report highlights the progress made in diversifying the boards of Wisconsin’s Top 50 public companies (WI 50) and Top 50 private companies.
  • Key findings in the 2023 MWi Research Report include:
    Women Top 50 public company directors:
    Overall, women hold 27.3% of director seats on the boards of the WI 50 public companies, up from 26.3% in 2022 but lower than the 33% representation of women on boards of the S&P 500.
  • Milwaukee Women inc has been producing research on board gender diversity of the 50 largest Wisconsin-based public companies since 2004.

Russell Investments’ 2023 ESG Manager Survey: ESG Factors Increasingly Drive Investment Decision-Making

Retrieved on: 
Monday, October 23, 2023
Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Finance, Accounting, Carbon, Attention, ESG, Research, Investment, Materiality, Russell, Russell Investments, Renewable energy, Cryptocurrency, Construction

Russell Investments has released results from its ninth-annual ESG Manager Survey, which offers valuable insights into the evolving landscape of ESG practices within the investment management industry.

Key Points: 
  • Russell Investments has released results from its ninth-annual ESG Manager Survey, which offers valuable insights into the evolving landscape of ESG practices within the investment management industry.
  • “As the industry continues to focus on responsible investing practices, active managers from all major asset classes are increasingly incorporating ESG considerations into their investment processes and hiring for ESG-related roles,” said Kris Tomasovic Nelson, Senior Director, Head of ESG Investment Management, Russell Investments.
  • “Most striking, this year only 7% of respondents said that ESG factors do not drive investment decisions, markedly down from the 22% recorded in 2022.
  • A significant shift was observed, where only 7% claimed that ESG factors do not influence investment decisions, down from 22% in 2022.