MAS

Insurcomm Announces Growth Equity Investment from Summit Partners

Retrieved on: 
Thursday, February 29, 2024

Insurcomm, Inc. (“the Company” or “Insurcomm”), a rapidly growing provider of commercial and residential restoration services, today announced a majority growth investment from Summit Partners .

Key Points: 
  • Insurcomm, Inc. (“the Company” or “Insurcomm”), a rapidly growing provider of commercial and residential restoration services, today announced a majority growth investment from Summit Partners .
  • “Partnering with Summit will help Insurcomm enter a new and expanded era of growth, allowing us to scale our impact and drive value for property owners and insurers.
  • The Insurcomm team has built deep and trusted relationships with property owners and insurers, fueling strong growth in market share.
  • Harris Williams served as financial advisor to Summit Partners, and Latham & Watkins served as legal advisor.

Masco Corporation to Participate in Live Webcast of Presentation at Investor Conference

Retrieved on: 
Friday, February 23, 2024

Masco Corporation (NYSE: MAS) announced today that Rick Westenberg, Vice President, Chief Financial Officer, will participate in a live presentation at the Raymond James 45th Annual Institutional Investors Conference in Orlando, Florida on Monday, March 4, at 7:30 a.m.

Key Points: 
  • Masco Corporation (NYSE: MAS) announced today that Rick Westenberg, Vice President, Chief Financial Officer, will participate in a live presentation at the Raymond James 45th Annual Institutional Investors Conference in Orlando, Florida on Monday, March 4, at 7:30 a.m.
  • The presentation will be webcast live under the Investor Relations section of the Company’s website at www.masco.com .
  • Headquartered in Livonia, Michigan, Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products.
  • For more information about Masco Corporation, visit www.masco.com .

Aleut Secures a Place on GSA Multiple Award Schedule (MAS) - Paving the Way for Enhanced IT Solutions

Retrieved on: 
Friday, March 8, 2024

ARLINGTON, Va., March 8, 2024 /PRNewswire/ -- Aleut Management Services, LLC (Aleut) proudly announces the receipt of a coveted place on the U.S. General Services Administration (GSA) Multiple Award Schedule (MAS) for IT Professional Services, Special Item Number (SIN) (54151S).

Key Points: 
  • ARLINGTON, Va., March 8, 2024 /PRNewswire/ -- Aleut Management Services, LLC (Aleut) proudly announces the receipt of a coveted place on the U.S. General Services Administration (GSA) Multiple Award Schedule (MAS) for IT Professional Services, Special Item Number (SIN) (54151S).
  • The GSA MAS contract vehicle provides the government with long-term, flexible access to customized information technology (IT) products, services, and solutions from a large, diverse pool of industry partners.
  • "Our inclusion in the GSA MAS empowers Aleut to offer cutting-edge IT services to our customers efficiently and cost-effectively," said Corey Chambliss, Managing Director of Growth and Strategy.
  • GSA MAS is one of the largest government-wide acquisition contracts allowing federal agencies access to a wide array of tailored IT products, services, and solutions from industry leaders like Aleut.

SBA Unveils Updated Equity Action Plan to Advance the Biden-Harris Administration’s Commitment to Investing in Equity

Retrieved on: 
Wednesday, February 14, 2024

“The SBA’s updated Equity Action Plan recognizes the tremendous value that diverse entrepreneurs bring to our economy in terms of job creation, innovation, and domestic and international competition.

Key Points: 
  • “The SBA’s updated Equity Action Plan recognizes the tremendous value that diverse entrepreneurs bring to our economy in terms of job creation, innovation, and domestic and international competition.
  • Some SBA programs utilize a specific definition for underserved communities and/or disadvantaged small businesses as outlined in program statutes and regulations.
  • Improve Access to Disaster Assistance by modernizing technology, streamlining the application process, and increasing support for underserved disaster survivors navigating the application process.
  • The SBA’s regular engagement with the small business community and its stakeholders helped inform the Equity Action Plan .

Beam Global Announces New Federal Customers Placed First-Time Orders for EV ARC Solar-Powered EV Charging Systems

Retrieved on: 
Tuesday, February 13, 2024

SAN DIEGO, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced six federal customers have placed first-time orders, expanding the Beam Global footprint among its existing federal customers.

Key Points: 
  • SAN DIEGO, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced six federal customers have placed first-time orders, expanding the Beam Global footprint among its existing federal customers.
  • The new federal customers, most of which are receiving numerous sustainable EV ARC™ charging systems powered 100% by renewable energy, are:
    United Cleanup Oak Ridge (UCOR, federal contractor)
    “Rapid deployment, energy resiliency, energy security and disaster preparedness are becoming key decision factors in the EV charging infrastructure build out, for federal, state and local government entities.
  • The continued expansion of EV ARC deployments demonstrates the increasing need for rapidly deployed, energy resilient and highly scalable solutions,” said Desmond Wheatley, CEO of Beam Global.
  • We agree with the goal to have 25% of EV charging infrastructure be off-grid, locally generated, locally stored and locally delivered, powered by 100% renewable energy.

Masco Corporation to Participate in Fireside Chat at Investor Conference

Retrieved on: 
Monday, February 12, 2024

Masco Corporation (NYSE: MAS) announced today that Keith Allman, Chief Executive Officer, will participate in a live fireside chat at the Barclays 41st Annual Industrial Select Conference in Miami, Florida on Thursday, February 22, at 9:45 a.m.

Key Points: 
  • Masco Corporation (NYSE: MAS) announced today that Keith Allman, Chief Executive Officer, will participate in a live fireside chat at the Barclays 41st Annual Industrial Select Conference in Miami, Florida on Thursday, February 22, at 9:45 a.m.
  • The presentation will be webcast live under the Investor Relations section of the Company’s website at www.masco.com .
  • Headquartered in Livonia, Michigan, Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products.
  • For more information about Masco Corporation, visit www.masco.com .

Early-Life Daycare Attendance Potentially Linked to Lower Risk of Asthma and Allergic Diseases

Retrieved on: 
Thursday, February 8, 2024

MILWAUKEE, Feb. 8, 2024 /PRNewswire-PRWeb/ -- Daycare attendance is protective against food and perennial aeroallergen sensitization according to new research being presented at the 2024 American Academy of Allergy, Asthma & Immunology Annual Meeting in Washington, DC later this month.

Key Points: 
  • Daycare attendance in the first year of life was associated with lower IgE levels and decreased occurrence of food and perennial aeroallergen sensitization.
  • The impact of early-life daycare attendance on the development of asthma and allergic diseases could significantly influence later childhood health, the study concluded.
  • "Findings from the PRIMERO birth cohort offer crucial insights into the impact of early-life exposures, including daycare attendance, on the development of childhood asthma and allergic diseases."
  • This is an important step in understanding prevention and potentially lowering the risk of asthma and allergic diseases in children.

Ten Beam Global EV ARC™ Systems Deployed by County of San Diego

Retrieved on: 
Thursday, February 8, 2024

SAN DIEGO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that the County of San Diego has deployed 10 Beam EV ARC™ sustainable off-grid charging systems at public parks for public charging and at county locations for fleet charging.

Key Points: 
  • SAN DIEGO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that the County of San Diego has deployed 10 Beam EV ARC™ sustainable off-grid charging systems at public parks for public charging and at county locations for fleet charging.
  • The Beam EV ARC™ systems are off-grid and powered 100% by renewable energy, generating and storing their own clean electricity.
  • The public parks that now offer the solar-powered charging systems to visitors include:
    “More municipalities, counties and state level agencies across the U.S. are expanding their purchases of EV ARC systems beyond fleet charging to also provide public charging,” said Desmond Wheatley, Beam Global CEO.
  • Small, medium and large businesses can purchase the same disaster-rated products directly from Beam Global at [email protected].

A clearer vision for surgical robotics: CMR Surgical announces significant update to Versius

Retrieved on: 
Thursday, February 8, 2024

CMR Surgical (CMR) – the global surgical robotics business – has today announced the launch of vLimeLite – an integrated fluorescence imaging system to visualise ICG (Indocyanine green), which will give surgeons enhanced visualisation, where indicated.

Key Points: 
  • CMR Surgical (CMR) – the global surgical robotics business – has today announced the launch of vLimeLite – an integrated fluorescence imaging system to visualise ICG (Indocyanine green), which will give surgeons enhanced visualisation, where indicated.
  • Supratim Bose, Chief Executive Officer of CMR Surgical, commented: “With 3D HD visualisation, surgeons already have a fantastic view of their operating field at our Versius console.
  • As long-term partners of CMR, we were delighted to be the first to get our hands on its ICG system.
  • Through the Versius Connect app, Versius Trainer and CMR clinical registry, Versius unleashes a wealth of insights to ultimately improve surgical care.

Masco Corporation Reports Fourth Quarter and 2023 Year-End Results

Retrieved on: 
Thursday, February 8, 2024

Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its fourth quarter and full-year 2023 results.

Key Points: 
  • Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its fourth quarter and full-year 2023 results.
  • “Additionally, we continued our focus on disciplined capital allocation and returned $291 million to shareholders in the quarter through dividends and share repurchases.”
    “For the full year 2023, we achieved strong adjusted operating margin expansion of 120 basis points through disciplined pricing and improved operational efficiencies,” continued Allman.
  • “With this strong execution, we delivered adjusted earnings per share growth of 2 percent despite weaker end-markets and lower volume.
  • “Based on this market outlook and our expected operating performance and capital deployment actions, we anticipate full year adjusted earnings per share to be in the range of $4.00 to $4.25 per share.