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As Responsibilities Increase, US Corporate Boards are Taking a Fresh Look at Their Committees

Retrieved on: 
Thursday, December 7, 2023

But as boards expand their role to address a broadening array of topics, they are not only assigning responsibilities to existing committees but also starting to form new types of committees.

Key Points: 
  • But as boards expand their role to address a broadening array of topics, they are not only assigning responsibilities to existing committees but also starting to form new types of committees.
  • When it comes to the allocation of ESG responsibilities, virtually all S&P 500 firms disclose assignment of such responsibilities to the full board and/or one or more committees.
  • The share of S&P 500 board committees on science and technology increased from 10% in 2018 to 14% in 2023, and committees on environmental, health, and safety increased from 7% to 10%.
  • The report was produced in collaboration with Debevoise & Plimpton; KPMG; Russell Reynolds Associates; and the John L. Weinberg Center for Corporate Governance.

Invesco Adds Two First-to-Market ETFs to its Robust Suite of Smart Beta ETFs

Retrieved on: 
Wednesday, December 6, 2023

ATLANTA, Dec. 6, 2023 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global provider of exchange-traded funds (ETFs), today announced the launch of two unique ETFs that target distinctive strategies not previously available to investors. For the first time, investors will be able access two strategies that align with the current market environment; an ETF that targets companies with strong cash flow, and an ETF focused on strong and forecasted high dividend growth.

Key Points: 
  • "Invesco has a track record of successfully launching differentiated, first-to-market ETFs that can help our clients navigate many market environments," says Nick Kalivas, Head of Factor and Core Equity ETFs at Invesco.
  • "Today's launch offers two ETFs that break new ground with an innovative take on free cash flow and forward-looking income that are a strong addition to Invesco's industry leading line-up of smart beta strategies."
  • The new ETFs offer investors two very targeted and tightly focused strategies:
    The Invesco S&P High Dividend Growers ETF (DIVG) focuses on the potential for dividend growth using an original methodology.
  • "We're excited to expand our longstanding partnership with Invesco by utilizing free cash flow metrics to identify and track strong, high-quality growth companies."

S&P Global Market Intelligence Releases Annual Global Regulatory Reporting Survey Findings

Retrieved on: 
Wednesday, December 6, 2023

NEW YORK and LONDON and TEL AVIV, Israel, Dec. 6, 2023 /PRNewswire/ -- S&P Global Market Intelligence today released the findings of its annual Global Regulatory Reporting Survey, which revealed that resourcing and data quality management are the main barriers to effective, accurate and cost-effective transaction regulatory reporting.

Key Points: 
  • NEW YORK and LONDON and TEL AVIV, Israel, Dec. 6, 2023 /PRNewswire/ -- S&P Global Market Intelligence today released the findings of its annual Global Regulatory Reporting Survey, which revealed that resourcing and data quality management are the main barriers to effective, accurate and cost-effective transaction regulatory reporting.
  • Conducted by S&P Global Market Intelligence Cappitech, the survey found that fewer than half of respondents in the survey believe their firm are appropriately resourced, even when most firms have obligations in multiple jurisdictions.
  • Struan Lloyd, Head of Cappitech at S&P Global Market Intelligence, said: "Ultimately, good data drives effective regulatory reporting and firms need the right tools and resources to achieve this.
  • The report also highlights that the market is more prepared for the swathe of regulatory changes coming in 2024 than for any previous regulatory reporting changes.

Polaris Slingshot's New 2024 Model Year Lineup Delivers Extraordinary Driving Experiences & One-of-a-Kind On-Road Adventures

Retrieved on: 
Tuesday, December 5, 2023

MINNEAPOLIS, Dec. 5, 2023 /PRNewswire/ -- Embraced by those who demand attention and appreciate its one-of-a-kind on-road adventure, the Polaris Slingshot is unlike anything else on the road. With an open cockpit, three-wheels, and bold, head-turning style, Slingshot serves as the ultimate platform for self-expression – driven by a diverse community of riders who dare to be different.

Key Points: 
  • In 2023, new Slingshot owners were twice as likely to be multicultural (non-white) and included 90% more women than other Polaris brands.
  • For 2024, Polaris introduces thoughtful refinements and bold, head-turning graphics across its five-model 2024 autocycle lineup, available in both manual and AutoDrive transmissions.
  • For 2024, Polaris has a wide range of premium paint options and graphics packages across its entire lineup.
  • The 2024 Slingshot lineup will begin shipping to dealers in early 2024.

Tower Arch Capital Forms S&N Infrastructure Services and Completes Recapitalization of S&N Communications

Retrieved on: 
Tuesday, December 5, 2023

S&N provides turnkey maintenance, repair, upgrade, and installation services for communications and electric utilities infrastructure.

Key Points: 
  • S&N provides turnkey maintenance, repair, upgrade, and installation services for communications and electric utilities infrastructure.
  • We are excited about this new partnership with Tower Arch Capital as we focus on delivering excellent services and expand our presence to better support our current and future customers."
  • Dave Parkin, Partner at Tower Arch Capital, added, "We are pleased to announce our first Fund III partnership with Allen Powell and the fine leadership team at S&N.
  • Advisors for Tower Arch Capital included Gibson, Dunn & Crutcher LLP and BDO USA, LLP.

Electronic Shelf Label Market size to grow USD 1.20 billion from 2022 to 2027, Driven by the development of the IoT ecosystem - Technavio

Retrieved on: 
Thursday, November 30, 2023

The potential growth difference for the electronic shelf label market between 2022 and 2027 is USD 1.20 billion.

Key Points: 
  • The potential growth difference for the electronic shelf label market between 2022 and 2027 is USD 1.20 billion.
  • The development of the IoT ecosystem is a key factor driving market growth.
  • The IoT is a system involving connected appliances and devices that are part of an electronic system, sensors, software, online platforms, or networks.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.

Pye-Barker Fire & Safety Commands Southeast, Acquiring Industry Leader S&S Sprinkler

Retrieved on: 
Wednesday, November 29, 2023

It also further substantiates Pye-Barker Fire & Safety as the acquirer of choice in the fire protection and life safety industry.

Key Points: 
  • It also further substantiates Pye-Barker Fire & Safety as the acquirer of choice in the fire protection and life safety industry.
  • "With S&S, Pye-Barker gains a dedicated team, experienced leaders and key geographic locations in the Gulf States."
  • S&S Sprinkler 's story began in 1971 as a fire sprinkler installer.
  • "I've witnessed their integrity through their interactions with the industry, their businesses and their own families whom I've gotten to know.

S&P CORELOGIC CASE-SHILLER INDEX CONTINUED TO TREND UPWARD IN SEPTEMBER

Retrieved on: 
Tuesday, November 28, 2023

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.9% annual change in September, up from a 2.5% change in the previous month.

Key Points: 
  • The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.9% annual change in September, up from a 2.5% change in the previous month.
  • The 10-City Composite showed an increase of 4.8%, up from a 3.0% increase in the previous month.
  • The 20-City Composite posted a year-over-year increase of 3.9%, up from a 2.1% increase in the previous month.
  • "U.S. home prices continued their rally in September 2023," says Craig J. Lazzara, Managing Director at S&P DJI.

S&P Global Mobility: November US auto sales stay the course; projection of 1.23 million units

Retrieved on: 
Monday, November 27, 2023

SOUTHFIELD, Mich., Nov. 27, 2023 /PRNewswire/ -- On an unadjusted volume level, November US light vehicle sales are expected to advance mildly from the strike impacted levels of October but remain absent of any momentum. S&P Global Mobility projects sales volume of 1.23 million units for November, which would translate to a seasonally adjusted sales rate (SAAR) of 15.5 million units for the month, even with the month-prior level.

Key Points: 
  • S&P Global Mobility projects sales volume of 1.23 million units for November, which would translate to a seasonally adjusted sales rate (SAAR) of 15.5 million units for the month, even with the month-prior level.
  • S&P Global Mobility projects sales of 1.23M units for November, which would translate to a SAAR of 15.5M units
    "While the end of the UAW strikes provides some potential relief to those automakers impacted, the ever-present affordability concerns remain prevalent for the foreseeable future," reports Chris Hopson, principal analyst at S&P Global Mobility.
  • New vehicle retail advertised inventory listings peaked in mid-October just shy of 2.5 million units and have seen a slight decrease since then – from an end-of-October level of 2.35 million units to about 2.3 million in mid-November.
  • "But as of mid-November, that tide seems to have reversed; there are now fewer 2023s (about 955,000 units) than 2024s (about 1.34 million)."

BEYOND BOUNDARIES: REVAMPED 2024 KIA SORENTO BOLSTERED WITH HEAD-TURNING STYLE, NEXT-GENERATION TECH AND X-PRO VERSION

Retrieved on: 
Thursday, November 16, 2023

Infused with a number of innovative elements borrowed from the 2024 EV9, the 2024 Sorento seamlessly marries advanced technology and rugged appeal.

Key Points: 
  • Infused with a number of innovative elements borrowed from the 2024 EV9, the 2024 Sorento seamlessly marries advanced technology and rugged appeal.
  • "The newly added Sorento X-Pro brings it full circle, and with Kia's latest tech and design refinements, we are confident the Sorento will not just lead the segment, but blaze ahead of it."
  • The Sorento's confident stance was achieved by combining Kia's "Opposites United" design philosophy with the concept of "Bold for Nature."
  • From the EV9's playbook, the Sorento boasts a broad and rectangular front grille, complemented by vertically stacked LED projector headlamps that emphasize the front end.