In re Caremark International Inc. Derivative Litigation

Point and Redwood Trust Issue $139 Million Home Equity Investment Rated Securitization

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Tuesday, November 7, 2023
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Palo Alto, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Point , the leading home equity investment platform making homeownership more valuable and accessible, and Redwood Trust, Inc. (NYSE: RWT , “Redwood”), a leader in expanding access to housing for homebuyers and renters, announced today they have completed the first rated securitization of Point’s Home Equity Investment (“HEI”) assets, issuing approximately $139 million of rated asset-backed securities (the “Transaction”).

Key Points: 
  • Palo Alto, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Point , the leading home equity investment platform making homeownership more valuable and accessible, and Redwood Trust, Inc. (NYSE: RWT , “Redwood”), a leader in expanding access to housing for homebuyers and renters, announced today they have completed the first rated securitization of Point’s Home Equity Investment (“HEI”) assets, issuing approximately $139 million of rated asset-backed securities (the “Transaction”).
  • The Transaction represents the second HEI-backed securitization that Point and Redwood have completed together, having issued the first-ever securitization backed entirely by HEIs in 2021 .
  • The issuer, Point Securitization Trust 2023-1, issued approximately $117 million of senior class A-1 securities and approximately $22 million of class A-2 securities, rated A (sf) and BBB (low) (sf), respectively, by DBRS Morningstar.
  • Co-sponsoring the Transaction with a subsidiary of Redwood, Point was the originator of all of the HEIs in the securitization and will continue to service such assets.

COMPX DECLARES REGULAR QUARTERLY DIVIDEND

Retrieved on: 
Wednesday, November 1, 2023
In re Caremark International Inc. Derivative Litigation, NYSE, Holding company, Fishing

Dallas, Texas, Nov. 01, 2023 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American:  CIX) announced today that its board of directors has declared CompX’s regular quarterly dividend of twenty-five cents ($0.25) per share on its class A common stock, payable on December 12, 2023 to stockholders of record at the close of business on December 1, 2023.

Key Points: 
  • Dallas, Texas, Nov. 01, 2023 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American:  CIX) announced today that its board of directors has declared CompX’s regular quarterly dividend of twenty-five cents ($0.25) per share on its class A common stock, payable on December 12, 2023 to stockholders of record at the close of business on December 1, 2023.
  • CompX is a leading manufacturer of security products and recreational marine components.

Evolv Technology Announces Appointments to Board of Directors

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Monday, November 6, 2023
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"We are delighted to welcome David and Rajan to the Board of Directors of Evolv Technology,” said Mr. Peter George, President and Chief Executive Officer of Evolv Technology.

Key Points: 
  • "We are delighted to welcome David and Rajan to the Board of Directors of Evolv Technology,” said Mr. Peter George, President and Chief Executive Officer of Evolv Technology.
  • Mr. Naik has served on the board of directors for CSG Systems International Inc. (NASDAQ: CSG) since August 2018.
  • On November 2, 2023, Mr. Alan Cohen and Mr. John Kedzierski stepped down as members of the Company’s Board of Directors.
  • Mr. Neil Glat, who has been a member of the Board since July 2021, was appointed Chairman of the Board, succeeding Mr. Cohen.

Baxter Highlights New Data at Kidney Week Indicating Sharesource Is Associated With a 77% Lower Risk of Home Dialysis Technique Failure

Retrieved on: 
Monday, November 6, 2023
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Technique failure can be due to several factors and results in PD patients being switched to in-center dialysis.

Key Points: 
  • Technique failure can be due to several factors and results in PD patients being switched to in-center dialysis.
  • In propensity matched patients, the use of Sharesource was associated with a 77% reduction in risk of technique failure (HR 0.23 95% CI 0.06-0.83, p = 0.024).
  • Water consumption per year with online HDF was 4.1 million liters, but consumption was 27% lower with the use of HDx therapy.
  • Furthermore, data indicate HDx therapy demonstrated 17% lower electricity and associated costs.

Foodservice Market size to grow by USD 13.61 billion from 2022 to 2027, The market is fragmented due to the presence of prominent companies like Compass Group Plc, Aramark and Chick fil A Inc., and many more - Technavio

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Wednesday, October 25, 2023
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The foodservice market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The foodservice market is fragmented owing to the presence of many global and regional companies.
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    Aramark - The company offers foodservice such as catering, food and beverage management, and facilities management services for various industries.
  • Chick fil A Inc. - The company offers foodservice such as a fast food restaurant chain known for its chicken-based menu.
  • Compass Group Plc - The company offers foodservice such as contract foodservices, including catering, vending, and dining services.

CACI Board Director Gregory G. Johnson Named to NACD Directorship 100

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Tuesday, October 10, 2023
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CACI International Inc ( NYSE: CACI ) announced today that the National Association of Corporate Directors (NACD) has recognized CACI Board Member Adm. Gregory G. “Grog” Johnson, U.S. Navy (Ret.

Key Points: 
  • CACI International Inc ( NYSE: CACI ) announced today that the National Association of Corporate Directors (NACD) has recognized CACI Board Member Adm. Gregory G. “Grog” Johnson, U.S. Navy (Ret.
  • “Grog’s well-deserved recognition by NACD reflects his dedication and steadfast commitment to CACI and its vision,” said Mike Daniels, chairman of the CACI Board of Directors.
  • The 2023 NACD Directorship 100 recognizes leading corporate directors, governance experts, policymakers, and influencers in several categories.
  • Honorees will be recognized during the NACD Directorship 100 Awards Gala held on Dec. 13, in New York City.

RPM Increases Cash Dividend for 50th Consecutive Year

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Thursday, October 5, 2023
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This payment represents a 10% increase over the $0.42 quarterly cash dividend paid at this time last year and is the 50th consecutive year the company has increased its cash dividend.

Key Points: 
  • This payment represents a 10% increase over the $0.42 quarterly cash dividend paid at this time last year and is the 50th consecutive year the company has increased its cash dividend.
  • Over the last half century, RPM has returned approximately $3.3 billion in cash dividends to its shareholders.
  • RPM’s 50th consecutive year of increased cash dividends paid to its stockholders places RPM in an elite category of less than half of 1 percent of all publicly traded U.S. companies.
  • Only 41 other U.S. companies, besides RPM, have consecutively paid an increasing annual cash dividend for a longer period of time, according to Dividend Radar .

So-Young Announces Board Change

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Thursday, October 12, 2023
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The board of directors of the Company (the "Board") has approved the appointment of Ms. Nan Shen as an independent director of the Company where she will serve as the chair of the audit committee and as a member of the compensation committee and the nominating and corporate governance committee.

Key Points: 
  • The board of directors of the Company (the "Board") has approved the appointment of Ms. Nan Shen as an independent director of the Company where she will serve as the chair of the audit committee and as a member of the compensation committee and the nominating and corporate governance committee.
  • Ms. Nan Shen has served as the chief financial officer of Gaotu Techedu Inc. (NYSE: GOTU) since December 2018.
  • Mr. Xing Jin, co-founder and chief executive officer of So-Young, commented, "I am excited to welcome Mr. Hui Zhao, Mr. Yang Yu, Mr. Xiaodong Ying and Ms. Nan Shen to the Board.
  • Ms. Shen brings with her many years of international financial and operational experience which I am confident will add significant value to the Board.

American Staffing Association Names 2024 Board of Directors Officers

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Wednesday, October 4, 2023
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ALEXANDRIA, Va., Oct. 4, 2023 /PRNewswire/ -- The American Staffing Association has announced its 2024 slate of officers for the board of directors. The slate was voted on by the board during its meeting at Staffing World®, the ASA annual convention and expo.

Key Points: 
  • ALEXANDRIA, Va., Oct. 4, 2023 /PRNewswire/ -- The American Staffing Association has announced its 2024 slate of officers for the board of directors.
  • The slate was voted on by the board during its meeting at Staffing World®, the ASA annual convention and expo.
  • "The ASA board of directors will serve as leading voices in shaping the future of the staffing, recruiting, and talent solutions industry," says Richard Wahlquist, chief executive officer of ASA.
  • "Being elected as chair of the ASA board of directors is among the most profound honors of my career," says Bily.

Baxter Appoints Joel Grade Chief Financial Officer

Retrieved on: 
Tuesday, October 3, 2023
Biotechnology, Health, Finance, Other Health, Accounting, Pharmaceutical, Surgery, Professional Services, Practice Management, Medical Devices, General Health, Hospitals, Health Technology, Medical Supplies, Specialization, University, Marketing, Baxter, Sysco, MBA, History, University of Wisconsin–Madison School of Education, Baxter International, Organization, In re Caremark International Inc. Derivative Litigation, Patient, Ernst, Ernst & Young, CFO, Growth, NYSE, Northwestern University Master of Product Design and Development Management, Kellogg School of Management, Management

Baxter International Inc. (NYSE:BAX), a global medtech leader, today announced it has appointed Joel Grade as executive vice president and chief financial officer (CFO), reporting to Baxter chairman, president and CEO, José (Joe) E. Almeida, effective Oct. 18, 2023.

Key Points: 
  • Baxter International Inc. (NYSE:BAX), a global medtech leader, today announced it has appointed Joel Grade as executive vice president and chief financial officer (CFO), reporting to Baxter chairman, president and CEO, José (Joe) E. Almeida, effective Oct. 18, 2023.
  • “Joel is a seasoned global financial executive with decades of deep operational and broad business experience as well as a proven record of results-driven impact,” said Mr. Almeida.
  • Mr. Grade brings deep experience from various financial, commercial and executive leadership roles.
  • “I’m very excited to join Baxter, an industry leader with a rich history, compelling future, patient-centric mission, and best-in-class talent,” said Mr. Grade.