Phoenix Capital

Phoenix Holdings Reports Results for the Third Quarter of 2022 and the Nine Months Ended September 30, 2022; Continues to Improve Performance in Line with Strategic Plan Targets

Retrieved on: 
Wednesday, November 30, 2022

Higher Solvency strengthens the Groups ability to continue investing in attractive financial and strategic opportunities with significant business potential.

Key Points: 
  • Higher Solvency strengthens the Groups ability to continue investing in attractive financial and strategic opportunities with significant business potential.
  • This position, together with the Groups flexible management capabilities and diverse activities, attractively position the Phoenix for continued value creation.
  • The comprehensive income before tax in third quarter of 2022 and the nine months ended September 30, 2022 was NIS 14 million and NIS 73 million, respectively.
  • Phoenix Holdings is a leading Israel-based financial, insurance, and investment group traded on the Tel Aviv Stock Exchange (TASE: PHOE).

Phoenix Capital Group is Embracing New Marketing Methods to Reach More Potential Investors

Retrieved on: 
Thursday, September 22, 2022

Phoenix Capital Group, a leading mineral acquisitions company in the oil and gas industry, is embracing innovative campaigns to reach potential investors.

Key Points: 
  • The company realizes that to do this successfully, it must work in step with all parts of Phoenix Capital Group, and one of those key partner groups is the valued direct investors.
  • To that point, Phoenix Capital Group is initiating new marketing and outreach efforts, led by a developing marketing team in partnership with the capital markets department.
  • Brynn Ferrari, VP of Marketing, is spearheading this approach at Phoenix Capital Group after years of experience working with various Fortune 500 companies.
  • In addition, Sarah Stankevitz is joining Matt Willer, VP of Capital Markets, to share Phoenix Capital Group's vision of accessible financial offerings for both accredited and non-accredited investors.

Phoenix Holdings Reports Results for the Second Quarter and First Half of 2022

Retrieved on: 
Friday, August 26, 2022

Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TASE: PHOE) (The Phoenix, the Group, or the Company), today reported its results for the second quarter and first half of 2022.

Key Points: 
  • Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TASE: PHOE) (The Phoenix, the Group, or the Company), today reported its results for the second quarter and first half of 2022.
  • In accordance with our semi-annual dividend policy, the Phoenix is distributing 160 million NIS, in addition to the share buyback program.
  • The total comprehensive income to shareholders in the second quarter of 2022 and the first half of 2022 amounts to 184 million NIS and 537 million NIS, respectively, with a return on equity to shareholders of 7.9% and 11.4%, respectively.
  • In the second quarter of 2022, the Phoenix recorded an underwriting profit of 73 million NIS in the general insurance sector.

ECI Group Announces Construction Start of $101 Million Averly East Village in Roswell, GA

Retrieved on: 
Monday, June 6, 2022

ATLANTA, June 6, 2022 /PRNewswire/ -- ECI Group and joint venture partner Phoenix Capital announce the start of construction of the $101 million luxury apartment and townhome development, Averly East Village, in Roswell, GA.

Key Points: 
  • ATLANTA, June 6, 2022 /PRNewswire/ -- ECI Group and joint venture partner Phoenix Capital announce the start of construction of the $101 million luxury apartment and townhome development, Averly East Village, in Roswell, GA.
  • Averly East Village is expected to be completed in late 2024.
  • "The development of Averly East Village comes at a particularly opportune time, with North Atlanta experiencing explosive growth in jobs and residents.
  • "The redevelopment plan for the East Village Shopping Center was heavily influenced by input from neighbors and other local stakeholders," said Joe Miller, Development Manager at ECI Group.

Seth Sprague, CMB, Named New Director of Mortgage Banking Consulting Services at Richey May

Retrieved on: 
Monday, May 9, 2022

DENVER, May 9, 2022 /PRNewswire/ -- Richey May is pleased to announce that Seth Sprague, CMB is joining the firm as Director of Mortgage Banking Consulting Services.

Key Points: 
  • DENVER, May 9, 2022 /PRNewswire/ -- Richey May is pleased to announce that Seth Sprague, CMB is joining the firm as Director of Mortgage Banking Consulting Services.
  • His in-depth background in mortgage strategy, profitability and operations comes at a critical time for our mortgage clients as they continue to navigate the industry's dynamic environment.
  • With extensive experience in mortgage banking and mortgage servicing, Seth will lead the firm's Mortgage Banking Consulting Servicespractice.
  • Seth is committed to making a positive impact on the mortgage banking and real estate finance industry by being actively involved in key associations and industry events.