Lincoln

Auto Dealership Buy/Sell Market Hits New High, On Track for Record Year as Dealerships Focus on Expansion through Acquisitions

Retrieved on: 
Monday, December 18, 2023
EV, Electric Vehicles, Finance, Automotive, General Automotive, Consulting, Marketing, Advertising, Communications, Professional Services, Partnership, AutoNation, Trust, Sale, Government, OEM, Acquisition, Lexus, EVS, Public expenditure, Hyundai, Lithia, Original equipment manufacturer, KBB, Multiple, AI, ICE, Penske Corporation, Lincoln, Kia, Growth, Investment, Environment

As a result, dealership valuations remain near peak levels in 2023, on average about two times pre-pandemic values, although slightly lower than 2022.

Key Points: 
  • As a result, dealership valuations remain near peak levels in 2023, on average about two times pre-pandemic values, although slightly lower than 2022.
  • “It is important to keep in mind that dealership valuations do not rise and fall in lockstep with industry earnings.
  • “In an evolving auto retail environment, dealers are facing a crossroads to either grow their enterprise or exit,” continued Kerrigan.
  • The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail.

Monumental 45-Foot-Tall Burning Man Sculpture on Public Display on Lincoln Road Through April 2024

Retrieved on: 
Wednesday, December 20, 2023
Luxury, Men, Landscape, Restaurant, Bar, Architecture, Other Travel, Consumer, Arts, Museums, Destinations, Entertainment, Travel, Commercial Building & Real Estate, Construction & Property, Lifestyle, Fashion, Retail, Women, Smithsonian American Art Museum, Culture, Multimedia, Resort, Sculpture, Lincoln, Lincoln Road

Lincoln Road , the iconic outdoor shopping, dining and cultural destination in Miami Beach, installed “R-Evolution,” a 45-foot-tall, 32,000-pound kinetic sculpture.

Key Points: 
  • Lincoln Road , the iconic outdoor shopping, dining and cultural destination in Miami Beach, installed “R-Evolution,” a 45-foot-tall, 32,000-pound kinetic sculpture.
  • The towering nude female sculpture was designed by Marco Cochrane , the artist behind monumental sculptures at the Smithsonian American Art Museum and the Resorts World Las Vegas.
  • It will be displayed on the 400 Block of Lincoln Road through April 2024.
  • Previous exhibitions include 2020’s “Botero on Lincoln Road” by Colombian artist Fernando Botero and 2022’s open-air activation featuring geometric, life-size animal statues from French artist Richard Orlinski.

Bliss Wedding Chapel in Las Vegas Takes White Weddings GREEN

Retrieved on: 
Tuesday, December 19, 2023
Atmosphere, AC, Multimedia, Recycling, Heat, Cadillac, MKS, Water, Lincoln, Silver, Transport, Toyota Prius, Environment, Casino

LAS VEGAS, Dec. 19, 2023 /PRNewswire/ -- In characteristic boldness, Bliss Wedding Chapel is set to become the only wedding venue on or off the Las Vegas Strip to replace their stretch limousines to offer a green fleet of luxury sedans, elevating the traditional wedding experience into a new era of eco-luxury.

Key Points: 
  • LAS VEGAS, Dec. 19, 2023 /PRNewswire/ -- In characteristic boldness, Bliss Wedding Chapel is set to become the only wedding venue on or off the Las Vegas Strip to replace their stretch limousines to offer a green fleet of luxury sedans, elevating the traditional wedding experience into a new era of eco-luxury.
  • "The wedding industry here in Las Vegas has ignored significant improvements regarding the transportation component of our business, not to mention the environment," states Brandon Reed, owner of Bliss Wedding Chapel.
  • As the newest stand-alone wedding chapel on the Las Vegas Strip in over 30 years, the newest technologies in construction could be fully implemented.
  • Bliss Wedding Chapel is not just another chapel on the Strip, but a pioneer hoping to inspire the industry towards a more sustainable, elegant, and memorable wedding experience.

World Renowned Banking and Financial Restructuring Team Joins Greenberg Traurig

Retrieved on: 
Monday, December 18, 2023
University School, Lisp (programming language), England and Wales, Trustee, Brooklyn Law School, Real estate, Winston & Strawn, Skidmore College, LL.M, Student, LLP, American Bankers Association, Das, SOAS, CLO, OPM, Education, Harvard Business School, Columbia University, Lawyer, Annual general meeting, Greenberg Traurig, Lincoln, ACIC, Binghamton University, American College, Finance, Transport, Seward & Kissel, Barnard College, University of London, Financial services

NEW YORK, Dec. 18, 2023 /PRNewswire-PRWeb/ -- Leading banking, finance, and restructuring lawyer Kalyan "Kal" Das joined Greenberg Traurig, LLP along with Sharan Calay and Andrew Silverstein. They join from Seward & Kissel, where Das has spent over three decades and was head of its Global Bank and Institutional Finance & Restructuring Practice. He will be based in the New York, London, and Bridgehampton offices. Calay and Silverstein, also previously at Seward & Kissel for more than two decades, will be based in New York. They join as shareholders.

Key Points: 
  • NEW YORK, Dec. 18, 2023 /PRNewswire-PRWeb/ -- Leading banking, finance, and restructuring lawyer Kalyan "Kal" Das joined Greenberg Traurig, LLP along with Sharan Calay and Andrew Silverstein .
  • They join from Seward & Kissel, where Das has spent over three decades and was head of its Global Bank and Institutional Finance & Restructuring Practice.
  • We have known the lawyers at Greenberg Traurig for quite some time and our clients will benefit by working with the talented global team, leveraging the firm's resources around the world," Das said.
  • She represents clients from various industries such as banks, financial institutions, and businesses in both domestic and cross-border financing transactions.

National Research Corporation Declares Quarterly Dividend

Retrieved on: 
Friday, November 17, 2023
Patient, Organization, National Research Corporation, Patient experience, NRC, Health, Nursing, Lincoln, KLAS

Lincoln, Nebraska, Nov. 17, 2023 (GLOBE NEWSWIRE) -- National Research Corporation, dba NRC Health, (NASDAQ:NRC) announced that its Board of Directors has declared a quarterly cash dividend of $0.12 (twelve cents) per share payable Friday, January 12, 2024, to shareholders of record as of the close of business on Friday, December 29, 2023.

Key Points: 
  • Lincoln, Nebraska, Nov. 17, 2023 (GLOBE NEWSWIRE) -- National Research Corporation, dba NRC Health, (NASDAQ:NRC) announced that its Board of Directors has declared a quarterly cash dividend of $0.12 (twelve cents) per share payable Friday, January 12, 2024, to shareholders of record as of the close of business on Friday, December 29, 2023.
  • For more than 40 years, NRC Health (NASDAQ: NRC) has led the charge to humanize healthcare and support organizations in their understanding of each unique individual.
  • Guided by its uniquely empathic heritage, NRC Health’s patient-focused approach, unmatched market research, and emphasis on consumer preferences are transforming the healthcare experience, creating strong outcomes for patients and entire healthcare systems.
  • NRC Health is ranked #1 for Patient Experience Improvement in the 2023 Best in KLAS report.

Lincoln Financial Group Enters Agreement to Sell Wealth Management Business to Osaic, Inc.

Retrieved on: 
Thursday, December 14, 2023
Finance, Banking, Professional Services, Insurance, Human Resources, Sale, Wells Fargo, LNC, NYSE, Cetera Financial Group, Lincoln National Corporation, Culture, LFS, LFD, Lead, Partnership, Lincoln, LFA, Financial services, Management

Lincoln Financial Group (NYSE: LNC) today announced that it has signed a stock purchase agreement with Osaic, Inc. (Osaic), one of the nation’s largest providers of wealth management solutions, which will acquire Lincoln’s wealth management business, including all ownership interests in the Lincoln subsidiary entities comprising that business.

Key Points: 
  • Lincoln Financial Group (NYSE: LNC) today announced that it has signed a stock purchase agreement with Osaic, Inc. (Osaic), one of the nation’s largest providers of wealth management solutions, which will acquire Lincoln’s wealth management business, including all ownership interests in the Lincoln subsidiary entities comprising that business.
  • The transaction will include the sale to Osaic of Lincoln Financial Advisors Corporation (LFA) and Lincoln Financial Securities Corporation (LFS) – the company’s two independent broker-dealer and registered investment advisory firms.
  • Additionally, Lincoln’s home-office employees who support the wealth management business will transition to Osaic to continue to lead and support the business.
  • This transaction was driven by the strong partnership between Osaic and Lincoln Financial Group which will continue into the future,” said Jamie Price, CEO of Osaic.

The Toro Company Elects Dianne Craig to Board of Directors

Retrieved on: 
Tuesday, December 12, 2023
Other Manufacturing, Construction & Property, Engineering, Specialty, Manufacturing, Home Goods, Machinery, Retail, Other Construction & Property, Bachelor of Science, NYSE, The Toro Company, Mathematics, State university system, Ford Motor Company, Multimedia, TTC, Management, Science, Lincoln

The Toro Company (NYSE: TTC) today announced the election of Dianne Craig to its Board of Directors, effective January 1, 2024.

Key Points: 
  • The Toro Company (NYSE: TTC) today announced the election of Dianne Craig to its Board of Directors, effective January 1, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20231212714273/en/
    Dianne Craig, president of Lincoln, the luxury vehicle division of Ford Motor Company (NYSE: F) based in Dearborn, Michigan.
  • (Photo: Business Wire)
    “We are very pleased to have Dianne join The Toro Company’s board as a proven leader with a diverse range of executive leadership achievements,” said Richard Olson, chairman and chief executive officer of The Toro Company.
  • Craig received a Bachelor of Science in mathematics from State University of New York at Fredonia.

AM Best Affirms Credit Ratings of Lincoln National Corporation and Its Subsidiaries

Retrieved on: 
Friday, December 8, 2023
Professional Services, Data Analytics, Other Professional Services, Insurance, Finance, Consulting, First, LNC, ERM, Counties of South Sudan, Credit, Long-Term Capital Management, Lincoln National Corporation, LIBOR, AM Best, GAAP, Good, News, FSR, ALL, RBC, FPP, Security (finance), Risk management, Fused quartz, Self storage, Lincoln, Syracuse

These companies are the key life and annuity insurance subsidiaries of Lincoln National Corporation (LNC) (headquartered in Radnor, PA) and are referred to collectively as Lincoln Financial Insurance Group (Lincoln).

Key Points: 
  • These companies are the key life and annuity insurance subsidiaries of Lincoln National Corporation (LNC) (headquartered in Radnor, PA) and are referred to collectively as Lincoln Financial Insurance Group (Lincoln).
  • In addition, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of LNC, the ultimate holding company.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

KB Home Announces the Grand Opening of Its Newest Community in the Popular Twelve Bridges Master Plan in Lincoln, California

Retrieved on: 
Friday, December 8, 2023
Residential Building & Real Estate, Architecture, Construction & Property, Interior Design, NYSE, Recreation, KB, KB Home, Interstate Highway System, Multimedia, Interstate 80, School, Sierra Nevada, Sacramento International Airport, Water, Drive, Certification, Hotel, Lincoln

KB Home (NYSE: KBH) today announced the grand opening of its newest community within the popular Twelve Bridges master plan in Lincoln, California.

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of its newest community within the popular Twelve Bridges master plan in Lincoln, California.
  • Homeowners will appreciate Twelve Bridges’ family friendly amenities, which include parks, children’s playgrounds, picnic areas, sports fields and open space.
  • The master plan is also zoned for the highly ranked Western Placer Unified School District.
  • View the full release here: https://www.businesswire.com/news/home/20231208302946/en/
    KB Home announces the grand opening of its newest community in the popular Twelve Bridges master plan in Lincoln, California.

U.S. Department of Defense Deploys Everbridge to Keep Attendees Safe During the 124th Army-Navy Game

Retrieved on: 
Tuesday, December 5, 2023
Security, Technology, Public Policy, Government, Software, Safety, CEM, Organization, City, Law enforcement, Counterterrorism, United States service academies, Navy, FBI, Army Black Knights, Gillette Stadium, Multimedia, USNA, Weather, USMA, Midshipman, Force protection, United States Naval Academy, Massachusetts State Police, Navy Midshipmen, Military, Army, Matthew Cassidy, Brevard Emergency Operations Center, Army–Navy Game, Emergency operations center, Lincoln, Everbridge, United States Military Academy, Lincoln Financial Field, The State of Massachusetts, Risk management

View the full release here: https://www.businesswire.com/news/home/20231205765350/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231205765350/en/
    U.S. Department of Defense Deploys Everbridge to Keep Attendees Safe During the 124th Army-Navy Game.
  • “Over the years we have heavily relied on the utilization of JARVISS and its team from Everbridge for our annual Army-Navy football game.
  • The game has been frequently attended by sitting U.S. presidents and has been nationally televised each year since 1945.
  • Everbridge and its public safety solutions make it easy for attendees, visitors, and residents to receive important safety and event information before, during, and after large gatherings.