Defer

Smartleaf Asset Management Announces Collaboration with Clearstead Advisors to Deliver Personalization and Tax Optimization at Scale

Retrieved on: 
Tuesday, January 9, 2024

Smartleaf Asset Management, LLC (“SAM”), the RIA subsidiary of Smartleaf , today announced a strategic partnership with private wealth management and institutional investment consulting firm Clearstead Advisors (“Clearstead”).

Key Points: 
  • Smartleaf Asset Management, LLC (“SAM”), the RIA subsidiary of Smartleaf , today announced a strategic partnership with private wealth management and institutional investment consulting firm Clearstead Advisors (“Clearstead”).
  • Further, SAM will be responsible for implementing tax management, including tax-sensitive transitions, year-round loss harvesting and ongoing risk-sensitive gains deferral.
  • “Smartleaf Asset Management is an entrepreneurial partner with flexibility, scale and proven capabilities,” said Aneet Deshpande , CFA, executive managing director and chief investment officer at Clearstead.
  • “We couldn’t be more excited to work with them to provide greater personalization and tax optimization options for our advisors and their clients’ portfolios.

Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2023

Retrieved on: 
Monday, August 7, 2023

Three months ended June 30, 2023 compared to the three months ended June 30, 2022

Key Points: 
  • Three months ended June 30, 2023 compared to the three months ended June 30, 2022
    During the three months ended June 30, 2023, Danaos had an average of 68.0 containerships compared to 71.0 containerships during the three months ended June 30, 2022.
  • Our fleet utilization for the three months ended June 30, 2023 was 98.7% compared to 99.9% for the three months ended June 30, 2022.
  • Six months ended June 30, 2023 compared to the six months ended June 30, 2022
    During the six months ended June 30, 2023, Danaos had an average of 68.2 containerships compared to 71.0 containerships during the six months ended June 30, 2022.
  • Our fleet utilization for the six months ended June 30, 2023 was 97.8% compared to 98.7% for the six months ended June 30, 2022.

Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2023

Retrieved on: 
Monday, May 15, 2023

“Danaos reports yet another solid quarter, despite the continuing geopolitical uncertainty and the turmoil in the financial markets.

Key Points: 
  • “Danaos reports yet another solid quarter, despite the continuing geopolitical uncertainty and the turmoil in the financial markets.
  • Three months ended March 31, 2023 compared to the three months ended March 31, 2022
    During the three months ended March 31, 2023, Danaos had an average of 68.3 containerships compared to 71.0 containerships during the three months ended March 31, 2022.
  • Our fleet utilization for the three months ended March 31, 2023 was 96.8% compared to 97.4% for the three months ended March 31, 2022.
  • Average indebtedness was $507.7 million in the three months ended March 31, 2023, compared to average indebtedness of $1,356.7 million in the three months ended March 31, 2022.

Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2022

Retrieved on: 
Tuesday, February 14, 2023

We remain committed to our strategy of accretive growth and delivering superior results for our shareholders.”

Key Points: 
  • We remain committed to our strategy of accretive growth and delivering superior results for our shareholders.”
    Three months ended December 31, 2022 compared to the three months ended December 31, 2021
    During the three months ended December 31, 2022, Danaos had an average of 69.8 containerships compared to 70.9 containerships during the three months ended December 31, 2021.
  • Our fleet utilization for the three months ended December 31, 2022 was 94.8% compared to 97.4% for the three months ended December 31, 2021.
  • Year ended December 31, 2022 compared to the year ended December 31, 2021
    During the year ended December 31, 2022, Danaos had an average of 70.7 containerships compared to 64.2 containerships during the year ended December 31, 2021.
  • Our fleet utilization for the year ended December 31, 2022 was 97.3% compared to 98.2% for the year ended December 31, 2021.

FirstEnergy to Recognize its Employee-Driven Transformation at NYSE Closing Bell Event

Retrieved on: 
Wednesday, November 9, 2022

AKRON, Ohio, Nov. 9, 2022 /PRNewswire/ -- As FirstEnergy (NYSE: FE) marks its 25th anniversary this week, it is recognizing the 12,000 employees who are driving the company's transformation and lighting the way in the communities where they live and work.

Key Points: 
  • Closing Bell event can be viewed online at https://www.nyse.com/bell .
  • The company's commitment to its Employee, Environmental, Social and Governance (EESG) priorities is reflected in its refreshed Corporate Responsibility website , which was published this week.
  • Moving the interests of employees into the forefront of the company's corporate responsibility framework pays tribute to their role in executing FirstEnergy's strategy.
  • "We are transforming FirstEnergy by revitalizing our corporate culture, strengthening our financial profile and optimizing our performance through customer-centered investments in innovation and technology," Somerhalder said.

JCP&L Selected to Connect Offshore Wind-Generated Electricity to the Grid

Retrieved on: 
Tuesday, November 1, 2022

The BPU selected JCP&L's plan from among 80 proposals submitted by 13 different transmission developers in the nation's first coordinated offshore wind transmission bidding process.

Key Points: 
  • The BPU selected JCP&L's plan from among 80 proposals submitted by 13 different transmission developers in the nation's first coordinated offshore wind transmission bidding process.
  • "Bringing this electricity to the grid in a safe, reliable, cost-effective manner is not just a benefit for JCP&L customers, but all residents and businesses in the state."
  • JCP&L's proposal was submitted in conjunction with offshore transmission developer Mid-Atlantic Offshore Development, LLC (MAOD),a new company owned by Shell New Energies US, LLC and EDF Renewables North America.
  • Through the project, power from offshore wind farms in central New Jersey will be delivered onshore to a collection point in Monmouth County.

Aera Technology Recognized as One of “50 Providers to Watch” by Spend Matters

Retrieved on: 
Monday, October 17, 2022

Aera Technology , the Decision Intelligence company, today announced it has been recognized on the Spend Matters 50 Providers to Watch list as a fast-rising innovator in the procurement and supply chain market.

Key Points: 
  • Aera Technology , the Decision Intelligence company, today announced it has been recognized on the Spend Matters 50 Providers to Watch list as a fast-rising innovator in the procurement and supply chain market.
  • Actions can be automated, supervised or manual, and performed by internal users or suppliers, said Bertrand Maltaverne, Sr. Analyst (Supplier Management and Sourcing), Spend Matters.
  • Its an honor to be recognized by Spend Matters as a '50 to Watch company for our procurement innovation, said Shariq Mansoor, Founder and Chief Technology Officer, Aera Technology.
  • Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner.

FirstEnergy Announces CEO Transition

Retrieved on: 
Thursday, September 15, 2022

AKRON, Ohio, Sept. 15, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that John W. Somerhalder II, chair of the FirstEnergy Board of Directors, has been named interim president and chief executive officer (CEO), effective September 16, 2022. Mr. Somerhalder's appointment follows Steven E. Strah's decision to retire as president and CEO of FirstEnergy and as a member of the Board of Directors.

Key Points: 
  • Mr. Somerhalder's appointment follows Steven E. Strah's decision to retire as president and CEO of FirstEnergy and as a member of the Board of Directors.
  • Mr. Somerhalder will continue to serve as chair of the FirstEnergy Board and work closely with the company's executive team.
  • The FirstEnergy Board will commence a search of external candidates to identify a permanent CEO.
  • "On behalf of the Board, I would like to thank Steve for his many contributions and years of service to FirstEnergy and wish him well in his next chapter," said Lisa Winston Hicks, lead independent director of the FirstEnergy Board.

AVAST PLC HALF YEAR RESULTS FOR THE SIX-MONTHS ENDED 30 JUNE 2022

Retrieved on: 
Tuesday, August 9, 2022

LONDON, Aug. 9, 2022 /PRNewswire/ -- Avast plc (LSE: AVST), together with its subsidiaries ('Avast', 'the Group', 'Avast Group', or 'the Company'), a leading global cybersecurity provider, announces its results for the six-months ended 30 June 2022.

Key Points: 
  • Throughout the Half Year Report a number of alternative performance measures are used to provide users with a clearer picture of the performance of the business.
  • Further definitions (see 'PRESENTATION OF RESULTS AND DEFINITIONS') and reconciliations (see 'FINANCIAL REVIEW') of non-GAAP measures are included in the notes to the financial statements.
  • 9 Growth rate excluding currency impact calculated by restating 2022 actual to 2021 FX rates (see "Principal exchange rates applied").
  • In H1 2022 the Group suspended its activities in Russia and Belarus in response to the military conflict in Ukraine.

Bioventus Amends CartiHeal Acquisition Structure

Retrieved on: 
Tuesday, June 21, 2022

DURHAM, N.C., June 21, 2022 (GLOBE NEWSWIRE) -- Bioventus Inc. (Nasdaq: BVS) (Bioventus or the Company), a global leader in innovations for active healing, announced today that it has entered into an amendment to the Option and Equity Purchase Agreement for its pending acquisition of CartiHeal (Amended Acquisition Agreement).

Key Points: 
  • DURHAM, N.C., June 21, 2022 (GLOBE NEWSWIRE) -- Bioventus Inc. (Nasdaq: BVS) (Bioventus or the Company), a global leader in innovations for active healing, announced today that it has entered into an amendment to the Option and Equity Purchase Agreement for its pending acquisition of CartiHeal (Amended Acquisition Agreement).
  • Bioventus possesses multiple short- and mid-term growth drivers that are further enhanced by CartiHeal, and we continue to work towards realizing the potential of our portfolio to deliver sustained double-digit growth and margin expansion.
  • Bioventus will pay interest on each tranche of the Deferred Amount, at a rate of at 8% annually, until such tranche is paid.
  • Bioventus and the Bioventus logo are registered trademarks of Bioventus LLC.