RIF

RMR Real Estate Income Fund Announces Annual Meeting Results and Changes to Board of Trustees

Friday, May 22, 2020 - 9:57pm

Mr. Morea advised the Board that the reasons for his resignation were not the result of any disagreement with RIF.

Key Points: 
  • Mr. Morea advised the Board that the reasons for his resignation were not the result of any disagreement with RIF.
  • The Board of Trustees, based on the recommendation of RIFs Nominating Committee, elected Barbara D. Gilmore as an Independent Trustee, effective immediately.
  • About RMR Real Estate Income Fund (NYSE American: RIF)
    RIF has historically operated as closed end investment company advised by RMR Advisors LLC.
  • The RMR Group LLC is the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), which is headquartered in Newton, MA.

Destination Maternity Corporation Announces Reduction in Force

Monday, June 24, 2019 - 9:05pm

Destination Maternity Corporation (Nasdaq:DEST) today announced a reduction in force (RIF) that is expected to generate cost savings of $4.0 million - $4.5 million on an annualized run-rate basis.

Key Points: 
  • Destination Maternity Corporation (Nasdaq:DEST) today announced a reduction in force (RIF) that is expected to generate cost savings of $4.0 million - $4.5 million on an annualized run-rate basis.
  • As Destination Maternity is continuing to focus on a key item driven assortment, with more emphasis on evergreen product, the RIF will primarily impact the Companys product pipeline teams.
  • This reduction in force is a very difficult, but necessary step for the Company, said Lisa Gavales, Chair of the Office of the CEO.
  • Our 452 stores operate under three retail nameplates: Motherhood Maternity, A Pea in the Pod and Destination Maternity.

Folktellers Partner With Reading Is Fundamental

Thursday, May 2, 2019 - 1:40pm

As Folktellers' exclusive partner within the educational marketplace, RIF will work with publishers to promote and place the Guidebook Series in schools nationally, while helping develop meaningful literacy programs leveraging Folktellers' innovative transmedia storytelling approach.

Key Points: 
  • As Folktellers' exclusive partner within the educational marketplace, RIF will work with publishers to promote and place the Guidebook Series in schools nationally, while helping develop meaningful literacy programs leveraging Folktellers' innovative transmedia storytelling approach.
  • Ed DeLeon, RIF's Chief Program & Content Officer, noted that, "We are extremely excited to be working with the Folktellers' team on launching this new Guidebook franchise.
  • Folktellers Co-Creator, Josef Bastian, pointed out that, "Our initial pilot school programs demonstrated the energy and excitement around our Folktellers Universe.
  • Reading Is Fundamental (RIF) is committed to a literate America by inspiring a passion for reading among all children, providing quality content to create impact, and engaging communities in the solution to give every child the fundamentals for success.

Just In Time For National Reading Month, Reading Is Fundamental Expands Its Suite Of Digital Offerings For Young Readers With LeVar Burton Kids' Award-Winning Skybrary

Wednesday, March 6, 2019 - 4:00pm

Renowned actor and education advocate LeVar Burton's Skybrary is now part of RIF's unparalleled digital library of books and supplemental learning and reading resources.

Key Points: 
  • Renowned actor and education advocate LeVar Burton's Skybrary is now part of RIF's unparalleled digital library of books and supplemental learning and reading resources.
  • "RIF is committed to providing children with relevant and inspiring tools and resources to help them read and succeed," said Alicia Levi, President and CEO of Reading Is Fundamental.
  • We are honored to continue to work with LeVar Burton to provide this exciting offering to millions of children nationwide."
  • RIF also provides additional resources to support National Reading Month through its national campaign Million Book March.