Ambition

Beacon Appoints Prithvi Gandhi as Executive Vice President and Chief Financial Officer

Retrieved on: 
Monday, April 22, 2024

Beacon (Nasdaq: BECN) announced today the appointment of Prithvi (Prith) Gandhi as Executive Vice President and Chief Financial Officer.

Key Points: 
  • Beacon (Nasdaq: BECN) announced today the appointment of Prithvi (Prith) Gandhi as Executive Vice President and Chief Financial Officer.
  • Mr. Gandhi will join Beacon on May 1, 2024, and assume his role as Chief Financial Officer on or about May 6, 2024.
  • Prior to TAMKO, he served as Chief Financial Officer of Fast Radius, a 3D printing business that went public in 2022.
  • “I am very pleased to welcome Prith to the Beacon executive leadership team,” said Julian Francis, President and CEO, Beacon.

Beacon Announces Acquisition of General Siding Supply

Retrieved on: 
Monday, April 15, 2024

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of General Siding Supply (“General Siding”) headquartered at its Omaha, NE branch, with four additional branches located in Lincoln, NE, Grand Island, NE, Sioux City, IA and West Fargo, ND.

Key Points: 
  • Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of General Siding Supply (“General Siding”) headquartered at its Omaha, NE branch, with four additional branches located in Lincoln, NE, Grand Island, NE, Sioux City, IA and West Fargo, ND.
  • View the full release here: https://www.businesswire.com/news/home/20240412236560/en/
    For nearly 50 years, General Siding has provided building supplies including siding, windows, and doors to Midwest contractors.
  • They will also gain access to Beacon PRO+ for online ordering and delivery tracking,” commented Jeff Spanheimer, General Siding’s President.
  • Beacon has completed three acquisitions adding twelve branches and signed a purchase agreement for a fourth acquisition to date in 2024.

Christine Lagarde: Unlocking the power of ideas

Retrieved on: 
Tuesday, April 23, 2024

Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.

Key Points: 
  • Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.
  • The housing cost burden has, however, increased slightly for both renter and mortgage households at the upper end of the income distribution.

Teleflex’s Climate Targets Validated by the Science Based Targets Initiative

Retrieved on: 
Thursday, March 28, 2024

WAYNE, Pa., March 28, 2024 (GLOBE NEWSWIRE) -- Teleflex Incorporated (NYSE: TFX), a leading global provider of medical technologies, today announced its near- and long-term climate change targets have been validated by the Science Based Targets initiative (SBTi).

Key Points: 
  • WAYNE, Pa., March 28, 2024 (GLOBE NEWSWIRE) -- Teleflex Incorporated (NYSE: TFX), a leading global provider of medical technologies, today announced its near- and long-term climate change targets have been validated by the Science Based Targets initiative (SBTi).
  • The announcement comes ahead of the company’s release of its 2023 Global Impact Report, which will be published in May 2024.
  • Teleflex has responded to the SBTi’s urgent call for corporate climate action by committing to align with 1.5°C and net-zero through the Business Ambition for 1.5°C campaign.
  • Through the establishment and validation of the near-and long-term science-based emissions targets, Teleflex has committed to reaching net-zero greenhouse gas emissions (GHG) across its value chain by 2050.

Beacon Adds Service in Atlantic Canada and Minneapolis Markets

Retrieved on: 
Monday, April 8, 2024

The new branch in Dieppe, New Brunswick will serve the Atlantic Canada region.

Key Points: 
  • The new branch in Dieppe, New Brunswick will serve the Atlantic Canada region.
  • “We are pleased to add service in our seventh Canadian province.
  • Contractors will appreciate our team’s knowledge and service commitment to help them grow their businesses,” commented Charles Michaud, Beacon’s Regional Vice President, Canada.
  • The new branch in Spring Lake Park, Minnesota adds residential and commercial roofing and complementary products and services in the north Minneapolis metro market.

Marie Claire Hosted the Power Play Event

Retrieved on: 
Wednesday, March 20, 2024

LOS ANGELES, March 20, 2024 (GLOBE NEWSWIRE) -- Future’s premium women’s lifestyle brand Marie Claire hosted its eighth annual Power Play event (formerly known as Power Trip) connecting today’s most influential female leaders and next-generation thinkers across every industry for a summit. This year’s theme on “The New Ambition” brought women together to redefine what ambition means for them, personally and professionally. The passion-fueled event featured a surprise and delight itinerary of exclusive experiences, high-octane panels with thought leaders and a celebrity-studded rooftop party in Santa Monica to create meaningful, intentional connections that will last.

Key Points: 
  • LOS ANGELES, March 20, 2024 (GLOBE NEWSWIRE) -- Future’s premium women’s lifestyle brand Marie Claire hosted its eighth annual Power Play event (formerly known as Power Trip) connecting today’s most influential female leaders and next-generation thinkers across every industry for a summit.
  • “Traditionally, ambition has posed a dual challenge for women,” said Nikki Ogunnaike, editor in chief of Marie Claire US.
  • Our objective in evolving Power Trip into Power Play is to provide an always-on platform that reaches Marie Claire’s audience across a variety of touchpoints.
  • To learn more about the Power Play: New Ambition and to join the conversation, follow the hashtag #MarieClairePowerPlay and Marie Claire on social media.

Beacon Announces Three New Locations

Retrieved on: 
Friday, March 22, 2024

Beacon (Nasdaq: BECN), the only publicly traded specialty roofing distributor, announced today that it has opened new locations in Fort Myers, FL and Milton, FL and Saginaw, MI to serve residential and commercial roofing contractors.

Key Points: 
  • Beacon (Nasdaq: BECN), the only publicly traded specialty roofing distributor, announced today that it has opened new locations in Fort Myers, FL and Milton, FL and Saginaw, MI to serve residential and commercial roofing contractors.
  • “We are pleased to now have three branches serving the Cape Coral-Fort Myers metro area, including a location specializing in waterproofing products.
  • We have what builders need from the roof to underground protection,” commented Jack Gill, Beacon’s Regional Vice President, Florida.
  • Beacon has opened three new locations and completed two acquisitions in the first three months of 2024.

Tide Partners with Electrolux, GE Appliances and Samsung to Announce the First Tide Cold Certified Washing Machines

Retrieved on: 
Wednesday, March 13, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240313357898/en/
    The Tide Cold Certified program was established to help people easily identify washing machines and features that are optimized for cold water washing, backed by Tide’s extensive testing and knowledge of the science of cold water washing and eco-behavior change.
  • The Tide Cold Certified program was established to help people easily identify washing machines and features that are optimized for cold water washing, backed by Tide’s extensive testing and knowledge of the science of cold water washing and eco-behavior change .
  • To be Tide Cold Certified, Tide scientists must also validate that the cold feature on the machine improves the cold wash performance with Tide compared to washing in cold without Tide.
  • “The Tide Cold Certified feature that combines key elements of Samsung’s hardware and software technology together with Tide’s unique formulation will provide our consumers with a great cold wash experience on select Samsung washers.”
    To learn more about Tide Cold Certified washing machines, visit tidecoldcertified.com/about .

Business as usual: bank climate commitments, lending, and engagement

Retrieved on: 
Tuesday, April 2, 2024
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Key Points: 

    EQS-News: Henkel delivers very strong organic sales growth and significant earnings improvement in 2023

    Retrieved on: 
    Wednesday, March 13, 2024

    Organic sales growth was very strong at 4.2 percent.

    Key Points: 
    • Organic sales growth was very strong at 4.2 percent.
    • The Adhesive Technologies business unit generated strong organic sales growth of 3.2 percent, which was driven by the business areas Mobility & Electronics, as well as Craftsmen, Construction & Professional.
    • The Consumer Brands business unit achieved very strong organic sales growth of 6.1 percent, driven particularly by the Laundry & Home Care and Hair business areas.
    • Adjusted return on sales (adjusted EBIT margin) in fiscal 2023 was significantly higher year on year at 11.9 percent (2022: 10.4 percent).