Graziosi

Allison Transmission Announces Record Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 13, 2024

Allison Transmission Holdings Inc. (NYSE: ALSN) today reported an 8 percent increase in fourth quarter net sales from the same period in 2022, propelling full year net sales to a record $3.04 billion.

Key Points: 
  • Allison Transmission Holdings Inc. (NYSE: ALSN) today reported an 8 percent increase in fourth quarter net sales from the same period in 2022, propelling full year net sales to a record $3.04 billion.
  • Diluted EPS for the year increased 34 percent from 2022 to a record $7.40.
  • David S. Graziosi, Chairman and Chief Executive Officer of Allison Transmission commented, “Allison’s fourth quarter marks the highest fourth quarter revenue in our history, leading to a record year driven by strong demand in our largest end markets, and the dedication from our team to realize growth objectives.
  • Through increased earnings and reduction in share count, we are pleased to report record full year Diluted EPS of $7.40 per share.

The LaunchPad Program by Tony Robbins and Dean Graziosi: A Revolutionary Online Course to Unlock Financial Freedom and Personal Success

Retrieved on: 
Friday, August 4, 2023

From personal mindset development to product creation, marketing, and selling, this program offers comprehensive training to help participants thrive in an increasingly competitive market.

Key Points: 
  • From personal mindset development to product creation, marketing, and selling, this program offers comprehensive training to help participants thrive in an increasingly competitive market.
  • Key Highlights of The LaunchPad System:
    Six Modules of Immersive Learning: Each module covers a specific aspect of the journey to success.
  • Are you ready to unlock a new dimension of personal and financial success?
  • And with Tony Robbins and Dean Graziosi guiding the way, that journey promises to be an extraordinary one.

FTC Suit Leads to $16.7 Million Judgment Against Principals and Celebrity Endorsers of Real Estate Investment Training Program

Retrieved on: 
Saturday, May 27, 2023

In addition, two of the primary real estate celebrities who endorsed the training have agreed to orders that require them to pay $1.7 million.

Key Points: 
  • In addition, two of the primary real estate celebrities who endorsed the training have agreed to orders that require them to pay $1.7 million.
  • According to the complaint filed by the FTC and the Utah DCP against Response Marketing Group, LLC and its principals, Response Marketing used false promises to sell consumers a series of expensive real estate investment training programs.
  • At the three-day workshops, Response Marketing deceptively pitched additional training programs that cost tens of thousands of dollars, according to the complaint.
  • Response Marketing then upsold consumers by pitching a purported coaching program through telemarketing that could cost as much as an additional $30,000.
  • The program was marketed as exclusive “Inner Circle” training that supposedly had limited spots and would allow consumers to work one-on-one with a purported real estate expert.
  • The company’s predecessor began selling real estate investment training packages in the early 2010s.

Allison Transmission Announces Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, February 15, 2023

Allison Transmission Holdings Inc. (NYSE: ALSN) today reported an 11 percent increase in fourth quarter net sales from the same period in 2021, leading to record full year net sales and diluted EPS, driven by the realization of growth initiatives and further improvement in operating performance.

Key Points: 
  • Allison Transmission Holdings Inc. (NYSE: ALSN) today reported an 11 percent increase in fourth quarter net sales from the same period in 2021, leading to record full year net sales and diluted EPS, driven by the realization of growth initiatives and further improvement in operating performance.
  • David S. Graziosi, Chairman and Chief Executive Officer of Allison Transmission commented, “2022 was a record year for Allison as strong customer demand across our Global On-highway and Off-highway end markets resulted in record full year revenue.
  • In 2022, we repurchased $279 million of our common stock, representing nearly 8 percent of outstanding shares.
  • Adjusted free cash flow, a non-GAAP financial measure, for the quarter was $132 million.

Allison Transmission Senior Vice President, Operations & Purchasing, Michael Dick to Retire March 11, 2022

Retrieved on: 
Thursday, January 27, 2022

Michael Dick, Senior Vice President, Operations & Purchasing of Allison Transmission Holdings, Inc. (NYSE: ALSN) has announced his retirement effective March 11, 2022.

Key Points: 
  • Michael Dick, Senior Vice President, Operations & Purchasing of Allison Transmission Holdings, Inc. (NYSE: ALSN) has announced his retirement effective March 11, 2022.
  • Rafael Basso, Vice President, Operations Planning and Business Development and Teresa van Niekerk, Vice President, Purchasing and Supplier Quality who currently report to Dick, will report directly to David S. Graziosi, Chairman and Chief Executive Officer of Allison Transmission, following Dicks retirement.
  • He was then promoted to the position of Vice President of Purchasing, Supplier Quality and Manufacturing Engineering and later to his current role of Senior Vice President of Operations and Purchasing.
  • Mike has been a dedicated leader and instrumental to the success of Allison Transmission, said Graziosi.

FTC moves to name TV real estate celebs Dean Graziosi and Scott Yancey in Nudge lawsuit

Retrieved on: 
Thursday, September 3, 2020

The latest development in the case is that the FTC is seeking to amend the complaint to add two celebrity real estate promoters as defendants.

Key Points: 
  • The latest development in the case is that the FTC is seeking to amend the complaint to add two celebrity real estate promoters as defendants.
  • Dean Graziosi has appeared in infomercials promoting his books on real estate investing and Scott Yancey was the star of the show Flipping Vegas that aired on A&E between 2011 and 2014.
  • According to the FTC, Nudges pitch began with ads for free seminars featuring Graziosi and Yancey that claimed to teach people a proven formula to make money by investing in real estate.
  • According to the proposed amended complaint, both Graziosi and Yancey were aware of many consumer complaints about the training and coaching programs.

FTC Seeks to Add Real Estate Investment Celebrities Dean Graziosi and Scott Yancey as Defendants in Real Estate Training Case

Retrieved on: 
Monday, August 31, 2020

The Federal Trade Commission is seeking to name celebrity real estate investment promoters Dean Graziosi and Scott Yancey as defendants in a casefor their roles in a massive real estate training scheme that bilked consumers out of more than $400 million.

Key Points: 
  • The Federal Trade Commission is seeking to name celebrity real estate investment promoters Dean Graziosi and Scott Yancey as defendants in a casefor their roles in a massive real estate training scheme that bilked consumers out of more than $400 million.
  • Graziosi is known for his appearances in infomercials promoting his books on real estate investing and is a self-described New York Times best-selling author, entrepreneur, and investor.
  • Yancey was the star of the reality television series Flipping Vegas that aired on the A&E television network between 2011 and 2014.
  • The proposed amended complaint alleges that Graziosi and Yancey provided substantial assistance to the Nudge defendants deceptive telemarketing sales of their coaching programs.

FTC Seeks to Add Real Estate Investment Celebrities Dean Graziosi and Scott Yancey as Defendants in Real Estate Training Case

Retrieved on: 
Monday, August 31, 2020

The Federal Trade Commission is seeking to name celebrity real estate investment promoters Dean Graziosi and Scott Yancey as defendants in a casefor their roles in a massive real estate training scheme that bilked consumers out of more than $400 million.

Key Points: 
  • The Federal Trade Commission is seeking to name celebrity real estate investment promoters Dean Graziosi and Scott Yancey as defendants in a casefor their roles in a massive real estate training scheme that bilked consumers out of more than $400 million.
  • Graziosi is known for his appearances in infomercials promoting his books on real estate investing and is a self-described New York Times best-selling author, entrepreneur, and investor.
  • Yancey was the star of the reality television series Flipping Vegas that aired on the A&E television network between 2011 and 2014.
  • The proposed amended complaint alleges that Graziosi and Yancey provided substantial assistance to the Nudge defendants deceptive telemarketing sales of their coaching programs.

Allison Transmission Provides Update on Impact of COVID-19

Retrieved on: 
Friday, March 27, 2020

Allison Transmission Holdings Inc. (NYSE: ALSN) today provided a business update in light of the rapid spread of the COVID-19 virus.

Key Points: 
  • Allison Transmission Holdings Inc. (NYSE: ALSN) today provided a business update in light of the rapid spread of the COVID-19 virus.
  • Allison cannot predict if or when any further disruptions will occur due to the rapidly changing environment as the COVID-19 pandemic continues to evolve.
  • Allison believes its future financial results will be impacted, but at this time, the magnitude of those impacts is uncertain.
  • Allisons long-standing commitment to prudent balance sheet management has positioned the company to navigate through this challenging period, said David S. Graziosi, President and Chief Executive Officer, Allison Transmission.