ALG

LTC Reports 2024 First Quarter Results and Discusses Recent Activities

Retrieved on: 
Monday, April 29, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Health, Professional Services, REIT, Other Health, Residential Building & Real Estate, Sale, ALG, LTC, Internet, COVID, HMG, Bed, IRR, Development, Nursing, Acquisition, Telephone, GAAP, Interest

During the first quarter of 2024, LTC completed the following transactions:

Key Points: 
  • During the first quarter of 2024, LTC completed the following transactions:
    Completed the previously announced sale and re-lease process for 10 assisted living communities under the ALG Senior (“ALG”) master lease.
  • LTC received proceeds of approximately $400,000, net of transaction costs, and anticipates recording a minimal gain on sale in the second quarter of 2024; and
    In April 2024, transitioned one of the properties located in Texas to an operator new to LTC.
  • Subsequent to March 31, 2024, LTC completed the following transactions:
    As previously announced, originated a $12.7 million mortgage loan to Ignite Medical Resorts.
  • As a condition of the amendment, HMG will repay $11.9 million on its $13.5 million working capital note during the 2024 second quarter.

ALAMO GROUP INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS CONFERENCE CALL

Retrieved on: 
Thursday, April 25, 2024
ALG

SEGUIN, Texas, April 25, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the first quarter 2024 after the market closes on Thursday, May 2, 2024.

Key Points: 
  • SEGUIN, Texas, April 25, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the first quarter 2024 after the market closes on Thursday, May 2, 2024.
  • The Company will host a conference call to discuss the results on Friday, May 3, 2024, at 10:00 a.m.
  • Individuals wishing to participate in the conference call should dial 1-877-317-6789 (domestic) or 1-412-317-6789 (international).
  • The live broadcast of Alamo Group Inc.'s quarterly conference call will be available online at the Company's website, www.alamo-group.com (under "Investor Relations/Events and Presentations") on Friday, May 3, 2024, beginning at 10:00 a.m.

Hyatt Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, February 23, 2024
Vacation, Other Travel, Lodging, Destinations, Travel, ALG, Mr. & Mrs. Smith, Vacation Club, Investment, Share repurchase, Sale, RevPAR, Comparable, A-22, ASPAC, Rio (hotel and casino), UVC, Apple Leisure Group, Hotel

Americas management and franchising segment: Results in the fourth quarter were driven by improved group and business transient results along with resilient leisure demand.

Key Points: 
  • Americas management and franchising segment: Results in the fourth quarter were driven by improved group and business transient results along with resilient leisure demand.
  • Total fees in the quarter increased 6% compared to the fourth quarter of 2022, with RevPAR in the United States up 3% in the fourth quarter compared to the same period in 2022, driven by strong group rate.
  • ASPAC management and franchising segment: Results in the fourth quarter were driven by strength in all customer segments which contributed to RevPAR growth across the sub regions, with Greater China improving 84% compared to the fourth quarter of 2022.
  • Apple Leisure Group segment: Results in the fourth quarter benefited from improved results in Cancun.

ALAMO GROUP INC. ANNOUNCES RICHARD J. WEHRLE PLANS TO RETIRE AS EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER, AND TREASURER; AGNES KAMPS APPOINTED AS SUCCESSOR

Retrieved on: 
Wednesday, March 6, 2024
ALG, Robert Morris University, Retirement, United Technologies, Business administration, Family, Management

SEGUIN, Texas, March 6, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that Richard J. Wehrle, Executive Vice President, Chief Financial Officer and Treasurer, will retire from the Company on May 3, 2024.

Key Points: 
  • SEGUIN, Texas, March 6, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that Richard J. Wehrle, Executive Vice President, Chief Financial Officer and Treasurer, will retire from the Company on May 3, 2024.
  • Ms. Agnes Kamps joined the Company as Executive Vice-President on March 6, 2024, and will take on the duties of Company Treasurer immediately.
  • Upon Mr. Wehrle's retirement, Ms. Kamps will succeed Mr. Wehrle as the Company's Chief Financial Officer.
  • Ms. Kamps joins the Company from Americas Styrenics, LLC, where she has served as Vice President and Chief Financial Officer since January 2021.

ALAMO GROUP INC. ANNOUNCES RETIREMENT OF BOARD MEMBER, APPOINTMENT OF NEW BOARD CHAIR AND APPOINTMENT OF NEW DIRECTOR

Retrieved on: 
Thursday, February 22, 2024
Engineering, International, ALG, Retirement, Air Products, Battle of the Alamo, AGN, Management

Mr. Baty joined the Board in August 2011 and has served in various capacities during his tenure.

Key Points: 
  • Mr. Baty joined the Board in August 2011 and has served in various capacities during his tenure.
  • Mr. Baty was appointed Independent Board Chair on May 3, 2018.
  • Upon Mr. Baty's retirement from the Board, current Board member, Richard ("Rick") W. Parod, will be appointed the new Independent Board Chair effective April 30, 2024.
  • We are excited for Rick to step in as the new Independent Board Chair.

LTC Reports 2023 Fourth Quarter Results and Discusses Recent Activities

Retrieved on: 
Thursday, February 15, 2024
Professional Services, Health, Commercial Building & Real Estate, Managed Care, Finance, Construction & Property, REIT, Acquisition, Internet, ALG, Telephone, Interest, Growth, Sale, LTC, Prestige, COVID, Medicaid, Depreciation, Real estate

Five of these properties are expected to be sold for $1.6 million under an agreement signed subsequent to the end of 2023.

Key Points: 
  • Five of these properties are expected to be sold for $1.6 million under an agreement signed subsequent to the end of 2023.
  • One of the properties located in Texas was closed during 2023, and another is expected to be closed.
  • Two of the properties located in Georgia and South Carolina were transitioned to an operator new to LTC subsequent to December 31, 2023.
  • LTC received all 2023 contractual interest of $19.5 million due from Prestige after applying $3.4 million of its security.

ALAMO GROUP INC. ANNOUNCES FOURTH QUARTER 2023 EARNINGS CONFERENCE CALL

Retrieved on: 
Thursday, February 15, 2024
ALG

SEGUIN, Texas, Feb. 15, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the fourth quarter and full year 2023 after the market closes on Thursday, February 22, 2024.

Key Points: 
  • SEGUIN, Texas, Feb. 15, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the fourth quarter and full year 2023 after the market closes on Thursday, February 22, 2024.
  • The Company will host a conference call to discuss the results on Friday, February 23, 2024, at 10:00 a.m.
  • Individuals wishing to participate in the conference call should dial 1-877-317-6789 (domestic) or 1-412-317-6789 (international).
  • The live broadcast of Alamo Group Inc.'s quarterly conference call will be available online at the Company's website, www.alamo-group.com (under "Investor Relations/Events and Presentations") on Friday, February 23, 2024, beginning at 10:00 a.m.

What is your ‘Reinvention Archetype’? Take a quiz and find out!

Retrieved on: 
Tuesday, February 13, 2024
Technology, Men, Human Resources, Consumer, Consulting, Small Business, Training, Other Education, Professional Services, Continuing, Education, Internet, Women, Data Management, Growth, ALG, Research, Reinvention, Management

It is estimated that most people will have 12 jobs in their lifetime, and almost a third of people aged 25 to 44 have considered making a career change within the past year.

Key Points: 
  • It is estimated that most people will have 12 jobs in their lifetime, and almost a third of people aged 25 to 44 have considered making a career change within the past year.
  • People change life direction for many reasons, including financial needs, downsizing and layoffs, and finding greater meaning and purpose in work.
  • The Reinvention Assessment™ is an online questionnaire that provides personalized insights and guidance to help people unlock their potential as they reinvent their lives and careers.
  • Through our research, we identified six different Reinvention Archetypes, each of which is characterized by its unique abilities and potential for growth.

Authentic Leadership in Academia: A New Short Course for University Leaders

Retrieved on: 
Tuesday, February 13, 2024
Professional Services, Education, Human Resources, Consulting, Continuing, University, Training, Faculty, Authentic leadership, ALG, Trust, Research, Management

The Academic Leadership Group (ALG) , is delighted to announce a new online short course on Authentic Leadership focusing on the unique challenges and opportunities of leading in academe.

Key Points: 
  • The Academic Leadership Group (ALG) , is delighted to announce a new online short course on Authentic Leadership focusing on the unique challenges and opportunities of leading in academe.
  • Authentic Leadership is an experiential, online professional development program designed to address the growing need for authentic leadership in today’s universities.
  • The program is built upon the latest research on how to authentically lead yourself, your team, and your institution.
  • Course benefits include developing a deeper understanding of authentic leadership and how it can be practiced in academic leadership roles, and enhancing self-awareness and your ability to build trust and transparency in your organization.

2024 U.S. ALG Residual Value Awards Highlight Continued Excellence and Attention to Detail

Retrieved on: 
Thursday, November 16, 2023
Data Analytics, Fleet Management, Professional Services, General Automotive, Automotive, ALG, J.D. Power, Automotive industry, Lexus

Power 2024 U.S. ALG Residual Value Awards,SM released today.

Key Points: 
  • Power 2024 U.S. ALG Residual Value Awards,SM released today.
  • Power recognized as the industry benchmark of automotive residual value projections.
  • For model year 2024, 15 different brands receive awards in 28 segments, which is two more brand recipients than a year ago.
  • The 2024 award process consisted of evaluating 293 models through analysis of used-vehicle performance, brand outlook and product competitiveness.