AEL

IDTechEx Discusses Future Directions for the Green Hydrogen & Electrolyzer Market Growth

Retrieved on: 
Friday, March 8, 2024

This article provides an overview of some key drivers as well as future directions for the electrolyzer market.

Key Points: 
  • This article provides an overview of some key drivers as well as future directions for the electrolyzer market.
  • Water electrolyzer technologies for green hydrogen production and electrolyzer manufacturing & installation growth.
  • Certainly, growth in the electrolyzer market across all four electrolyzer types will be needed to meet ambitious national and regional targets for green and clean hydrogen production.
  • The new IDTechEx report, "Green Hydrogen Production & Electrolyzer Market 2024-2034: Technologies, Players, Forecasts", forecasts significant growth in the green hydrogen market, both in terms of project installations and electrolyzer manufacturing capacity, offering 10-year market forecasts in gigawatts (GW) of electrolyzer capacity and US$ billions (US$B) for the key electrolyzer technologies: AWE, PEMEL, AEMEL and SOEC.

IDTechEx Discusses Future Directions for the Green Hydrogen & Electrolyzer Market Growth

Retrieved on: 
Friday, March 8, 2024

This article provides an overview of some key drivers as well as future directions for the electrolyzer market.

Key Points: 
  • This article provides an overview of some key drivers as well as future directions for the electrolyzer market.
  • Together, fossil fuel-based production of hydrogen accounts for over 98% of all hydrogen produced, with low-carbon hydrogen (green and blue) occupying the small remaining share.
  • Certainly, growth in the electrolyzer market across all four electrolyzer types will be needed to meet ambitious national and regional targets for green and clean hydrogen production.
  • The new IDTechEx report, "Green Hydrogen Production & Electrolyzer Market 2024-2034: Technologies, Players, Forecasts", forecasts significant growth in the green hydrogen market, both in terms of project installations and electrolyzer manufacturing capacity, offering 10-year market forecasts in gigawatts (GW) of electrolyzer capacity and US$ billions (US$B) for the key electrolyzer technologies: AWE, PEMEL, AEMEL and SOEC.

American Equity Reports Record $7+ Billion Annual FIA Sales and Strong Financial Results to Cap a Historic 2023

Retrieved on: 
Wednesday, February 14, 2024

American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities, today reported strong fourth quarter 2023 results.

Key Points: 
  • American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities, today reported strong fourth quarter 2023 results.
  • Sales of fixed index annuities remained strong supported by the company's continued emphasis on its guaranteed retirement income product offerings.
  • American Equity's President and CEO, Anant Bhalla stated: "Supported by our strategy flywheel, American Equity had an outstanding 2023 capped off by our strong results in the fourth quarter.
  • Results in the third quarter of 2023 included positive notable items2 of $21.0 million, or $0.26 per share after taxes.

American Equity Declares 1st Quarter 2024 Preferred Stock Dividend

Retrieved on: 
Thursday, February 1, 2024

American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock (the “Series A Depositary Shares”), the Board of Directors has declared a cash dividend of $371.8750000 per share of Series A Preferred Stock (equivalent to $0.371875000 per Series A Depositary Share).

Key Points: 
  • American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock (the “Series A Depositary Shares”), the Board of Directors has declared a cash dividend of $371.8750000 per share of Series A Preferred Stock (equivalent to $0.371875000 per Series A Depositary Share).
  • The dividend will be payable on March 1, 2024 to Series A Preferred Stock shareholders of record as of February 15, 2024.
  • Additionally, American Equity Investment Life Holding Company today announced that in accordance with the terms of its 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B (the “Series B Preferred Stock”), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series B Preferred Stock (the “Series B Depositary Shares”), the Board of Directors has declared a cash dividend of $414.0625000 per share of Series B Preferred Stock (equivalent to $0.414062500 per Depositary Share).
  • The dividend will be payable on March 1, 2024 to Series B Preferred Stock shareholders of record as of February 15, 2024.

Boutique Law Firm Abell Eskew Landau LLP Adds SDNY Prosecutor Jarrod L. Schaeffer as Partner and Prominent Litigator Jeffrey L. Braun as Counsel

Retrieved on: 
Wednesday, January 3, 2024

Schaeffer joins AEL as a partner after serving for more than five years as an Assistant U.S. Attorney (AUSA) for the SDNY.

Key Points: 
  • Schaeffer joins AEL as a partner after serving for more than five years as an Assistant U.S. Attorney (AUSA) for the SDNY.
  • Braun, who joins AEL as Counsel, is a highly regarded litigator and counselor with broad experience handling commercial and business disputes.
  • Before joining AEL, Braun spent most of his career as a litigation partner at two national law firms.
  • "Joining a boutique law firm is an exciting change for me, and I'm thrilled to be here," said Braun.

Brookfield Corporation Update on Initiatives for 2023

Retrieved on: 
Friday, December 22, 2023

BROOKFIELD, NEWS, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today released a summary of recent highlights to close out 2023, which is appended and posted on our website.

Key Points: 
  • BROOKFIELD, NEWS, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today released a summary of recent highlights to close out 2023, which is appended and posted on our website.
  • All told, almost $100 billion of financings were arranged across our businesses and access to capital continues to be very strong.
  • Our Brookfield Corporation (BN) credit rating was upgraded to A by DBRS, and on the back of the upgrade, earlier this month we issued $700 million of 10-year debt at 6.35%.
  • We all wish to take this opportunity to thank you for your interest in Brookfield, and we wish you and your families all the best for 2024.

Adani Portfolio Delivers Highest Ever EBITDA Growth, Jumps 47% y-o-y in H1FY24; Crosses Rs 43K Cr

Retrieved on: 
Tuesday, December 12, 2023

The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses.

Key Points: 
  • The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses.
  • During the period, the portfolio level EBITDA stood at Rs 43,688 Cr (USD 5.3 billion), up 47% YoY.
  • These businesses include the utility (Adani Green Energy, Adani Energy Solutions, Adani Power and Adani Total Gas), transport (Adani Ports & SEZ) and other infrastructure businesses (those being incubated by Adani Enterprises – green hydrogen integrated manufacturing, airports and roads).
  • The incubation under Adani Enterprises continues to progress well, with the assets contributing 8% of the overall EBITDA.

American Equity Celebrates 20th Anniversary of NYSE Listing

Retrieved on: 
Friday, December 8, 2023

American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading issuer of fixed index annuities (FIAs), today announced that it will celebrate the 20th anniversary of its listing on the New York Stock Exchange (NYSE) by ringing the NYSE Opening Bell on Friday, December 8, 2023.

Key Points: 
  • American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading issuer of fixed index annuities (FIAs), today announced that it will celebrate the 20th anniversary of its listing on the New York Stock Exchange (NYSE) by ringing the NYSE Opening Bell on Friday, December 8, 2023.
  • President and CEO Anant Bhalla will be joined by members of American Equity’s Board of Directors and management team to commemorate the occasion.
  • ET, and interested parties may tune in to broadcast media coverage of the bell as well as a live stream on the NYSE's website: https://www.nyse.com/bell .
  • Videos and photos during and following the ceremony will be shared on NYSE's social media channels: YouTube , Facebook , Instagram , and on X (formerly Twitter) @NYSE .

American Equity Reports Record Non-GAAP Operating ROE1 and FIA Sales as the AEL 2.0 Strategy Delivers with 25% Allocation to Private Assets and Nearly 20% "Fee-Earning" Reinsured Balances

Retrieved on: 
Tuesday, November 7, 2023

Sales momentum continued in both the independent agent channel and bank and broker-dealer channel resulting in record sales while the investment portfolio yield increased from the second quarter of 2023.

Key Points: 
  • Sales momentum continued in both the independent agent channel and bank and broker-dealer channel resulting in record sales while the investment portfolio yield increased from the second quarter of 2023.
  • Notable items2 in the third and second quarters of 2023 reflect the special incentive compensation plan put in place in November 2022.
  • Total enterprise FIA sales increased 18% and 203% compared to the second quarter of 2023 and the third quarter of 2022, respectively.
  • The increase in FIA sales relative to the second quarter was driven by strong sales in the income product space.

American Equity Declares 4th Quarter 2023 Preferred Stock Dividend

Retrieved on: 
Wednesday, November 1, 2023

American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock (the “Series A Depositary Shares”), the Board of Directors has declared a cash dividend of $371.8750000 per share of Series A Preferred Stock (equivalent to $0.371875000 per Series A Depositary Share).

Key Points: 
  • American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock (the “Series A Depositary Shares”), the Board of Directors has declared a cash dividend of $371.8750000 per share of Series A Preferred Stock (equivalent to $0.371875000 per Series A Depositary Share).
  • The dividend will be payable on December 1, 2023 to Series A Preferred Stock shareholders of record as of November 15, 2023.
  • Additionally, American Equity Investment Life Holding Company today announced that in accordance with the terms of its 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B (the “Series B Preferred Stock”), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series B Preferred Stock (the “Series B Depositary Shares”), the Board of Directors has declared a cash dividend of $414.0625000 per share of Series B Preferred Stock (equivalent to $0.414062500 per Depositary Share).
  • The dividend will be payable on December 1, 2023 to Series B Preferred Stock shareholders of record as of November 15, 2023.