Kaiser

Kaiser Aluminum Corporation Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024

FRANKLIN, Tenn., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced fourth quarter and full year 2023 results.

Key Points: 
  • Conversion revenue for the fourth quarter 2023 was $361 million, reflecting a 2% increase compared to the prior year period.
  • Adjusted net income per diluted share was $0.60 for the fourth quarter 2023, compared to an adjusted net loss per diluted share of $0.35 for the fourth quarter 2022.
  • Adjusted EBITDA of $52 million in the fourth quarter 2023 increased $22 million compared to the prior year period and increased $4 million compared to the third quarter 2023.
  • Kaiser Aluminum Corporation will host a conference call on Thursday, February 22, 2024, at 10:00 am (Eastern Time); 9:00 am (Central Time); 7:00 am (Pacific Time), to discuss its fourth quarter and full year 2023 results.

Vive Concierge, Inc. Announces Groundbreaking Expansion into Mental Health Services with Dr. Charles Sophy at the Helm

Retrieved on: 
Tuesday, February 13, 2024

Vive Concierge expands into mental health with Dr. Charles Sophy leading, focusing on underserved LA communities.

Key Points: 
  • Vive Concierge expands into mental health with Dr. Charles Sophy leading, focusing on underserved LA communities.
  • Dr. Charles Sophy, a distinguished psychiatrist with over 35 years experience, joins Vive Concierge as the Head of Mental Health and Wellness.
  • "Amidst a national mental health crisis, our mission at Vive Concierge is more vital than ever.
  • The introduction of mental health services is a key component of Vive Concierge's innovative Vive Care Connect platform, which revolutionizes care coordination and patient engagement.

Kaiser Foundation Health Plan and Hospitals report 2023 financial results

Retrieved on: 
Friday, February 9, 2024

OAKLAND, Calif., Feb. 9, 2024 /PRNewswire/ -- Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals, and their respective subsidiaries (KFHP/H) reported 2023 annual financial results that reflect a commitment to deliver on its mission to provide high-quality, affordable care and services amid ongoing industrywide challenges of high medical costs and a competitive labor environment.

Key Points: 
  • OAKLAND, Calif., Feb. 9, 2024 /PRNewswire/ -- Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals, and their respective subsidiaries (KFHP/H) reported 2023 annual financial results that reflect a commitment to deliver on its mission to provide high-quality, affordable care and services amid ongoing industrywide challenges of high medical costs and a competitive labor environment.
  • Kaiser Permanente met these challenges by reducing administrative costs and pursuing efficiencies while expanding access to its high-quality care.
  • In 2023, Kaiser Permanente supported a wide range of community health programs with an investment of $3.1 billion, compared to $2.8 billion the year prior.
  • As of December 31, 2023, Kaiser Permanente had 618 medical offices, 40 owned hospitals, and 43 retail and employee clinics.

Sun Life partners with Somatus to provide comprehensive services for late-stage kidney disease and cardiovascular care

Retrieved on: 
Tuesday, February 6, 2024

Sun Life's solution, Kidney Care 360 and Heart Care 360, are aimed at two different patient populations, using one unique care management approach that will be an extension of Sun Life's Clinical 360 program.

Key Points: 
  • Sun Life's solution, Kidney Care 360 and Heart Care 360, are aimed at two different patient populations, using one unique care management approach that will be an extension of Sun Life's Clinical 360 program.
  • Clinical 360 combines data analytics and clinical expertise to improve patient care and outcomes while reducing costs.
  • Somatus focuses on whole-person care when it comes to both chronic kidney disease and congestive heart failure.
  • Somatus' innovative and comprehensive care model leverages AI-driven technology to address patient care needs related to medication management, care coordination, nutritional support, and transitions of care support that empower patients to take an active role in their health.

Garden Veggie™ Snacks Launches Kid-Loved and Parent-Approved Flavor Burst™ Tortilla Chips

Retrieved on: 
Monday, January 29, 2024

HOBOKEN, N.J., Jan. 29, 2024 /PRNewswire/ -- Garden Veggie™ Snacks, the trailblazer in better-for-you snacking, is proud to introduce its latest innovation, Flavor Burst™ Nacho Cheese and Zesty Ranch Flavored Tortilla Chips. The exciting new snack rivals others in the tortilla chip aisle by bringing irresistible flavor and unmistakable crunch to each bite while staying true to the brand's commitment of providing better-for-you snack options the whole family can enjoy.

Key Points: 
  • HOBOKEN, N.J., Jan. 29, 2024 /PRNewswire/ -- Garden Veggie™ Snacks, the trailblazer in better-for-you snacking, is proud to introduce its latest innovation, Flavor Burst™ Nacho Cheese and Zesty Ranch Flavored Tortilla Chips.
  • Snacking should be enjoyable and Garden Veggie believes that better-for-you options can be both fun and taste great.
  • "The snacks aisle is crowded with tortilla chips that are viewed as a guilty pleasure," said Ed Kaiser, Senior Director of Marketing.
  • "The brand's business objective is to establish these tortilla chips as a long-term growth platform, becoming the go-to choice for families."

Alight Names Siobhan Nolan Mangini to Board of Directors

Retrieved on: 
Monday, December 11, 2023

Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has named Siobhan Nolan Mangini to its Board of Directors, effective January 1, 2024.

Key Points: 
  • Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has named Siobhan Nolan Mangini to its Board of Directors, effective January 1, 2024.
  • Ms. Nolan Mangini brings over two decades of healthcare experience to Alight, most recently serving as President and CFO of NGM Biopharmaceuticals, Inc., a clinical-stage biopharmaceutical company specializing in therapies for immuno-oncology, cardiometabolic diseases and ophthalmology.
  • "With her extensive advisory, technology, and financial background spanning numerous enterprises, Siobhan will bring significant depth to Alight's Board of Directors as the company nears the end of its successful transformation phase.
  • We look forward to Siobhan’s many contributions as Alight continues to diversify its Board."

Caterpillar Appoints New Energy & Transportation Group President

Retrieved on: 
Thursday, December 14, 2023

IRVING, Texas, Dec. 14, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced today that Jason Kaiser, senior vice president of the Electric Power Division, has been appointed to Group President of the Energy & Transportation (E&T) segment, effective Jan. 1, 2024.

Key Points: 
  • IRVING, Texas, Dec. 14, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced today that Jason Kaiser, senior vice president of the Electric Power Division, has been appointed to Group President of the Energy & Transportation (E&T) segment, effective Jan. 1, 2024.
  • In this role, Kaiser will have responsibility for the Rail Division, Solar Turbines, Large Power Systems Division, Industrial Power Systems Division, Electric Power Division (EPD), Caterpillar Oil & Gas and Marine Division (COGMD), Cat Reman® and Electrification and Energy Solutions Division.
  • "Jason's extensive experience in engineering, product management and operations makes him well-suited to lead our Energy & Transportation segment," said Caterpillar Chairman and CEO Jim Umpleby.
  • Since joining Caterpillar in 2000, Kaiser has held numerous roles in engineering, sales and operations with increasing responsibility across the electric power business.

IVIOS Unveils New Paint Protection Films Applied to High-performance Mid-sized UAV with Vessel Aerospace at ‘2023 SEMA SHOW’

Retrieved on: 
Wednesday, November 1, 2023

Furthermore, its excellent water-repellency, stain-resistance, and solvent-resistance functions strengthen the protection of the vehicle-painted surface in harsh external environments.

Key Points: 
  • Furthermore, its excellent water-repellency, stain-resistance, and solvent-resistance functions strengthen the protection of the vehicle-painted surface in harsh external environments.
  • Building upon the partnership with Vessel Aerospace, IVIOS plans to expand its roadmap for developing aerial paint protection film products, as well as TPU-based protection film products for aviation and industrial applications.
  • IVIOS' new paint protection film products and Vessel Aerospace's high-performance medium-sized UAV will be showcased at booth North Hall, No.12427.
  • The high-performance medium-sized UAV VAR-500X, featuring IVIOS's new product, is a vertical takeoff and landing (VTOL) medium-sized UAV capable of long-range operations.

Kaiser Aluminum Corporation Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023

FRANKLIN, Tenn., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced third quarter 2023 results.

Key Points: 
  • Adjusted EBITDA of $48 million in the third quarter 2023 increased $19 million compared to the prior year period and decreased $16 million compared to the second quarter 2023.
  • Adjusted EBITDA as a percentage of conversion revenue was 13.3% in the third quarter 2023 compared to 8.9% in the prior year period and 16.8% in the second quarter 2023.
  • As a result, consolidated adjusted EBITDA in the fourth quarter 2023 is expected to be in line to slightly higher as compared to its adjusted fourth quarter 2022 results.
  • Kaiser Aluminum Corporation will host a conference call on Thursday, October 26, 2023, at 10:00 am (Eastern Time); 9:00 am (Central Time); 7:00 am (Pacific Time), to discuss its third quarter results.

Kaiser Aluminum Corporation Publishes 2022 Sustainability Report

Retrieved on: 
Wednesday, October 11, 2023

FRANKLIN, Tenn., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today published its 2022 Sustainability Report summarizing the Company’s focus and initiatives around its environmental, social and governance (“ESG”) program.

Key Points: 
  • FRANKLIN, Tenn., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today published its 2022 Sustainability Report summarizing the Company’s focus and initiatives around its environmental, social and governance (“ESG”) program.
  • “Our 2022 Sustainability Report reflects the alignment of our strong corporate governance practices with new and continuing investments to support our key sustainability initiatives that we believe will serve as the foundation of our long-term success.
  • Importantly, aluminum is infinitely recyclable, and our aluminum semi-fabricated products uniquely position Kaiser to contribute to efforts to mitigate climate change.
  • We are proud of our employees and the work they have done to advance our sustainability programs and drive our long-term growth.