Accounting

Broadmark Realty Capital Announces 2022 Tax Treatment of Dividends

Retrieved on: 
Tuesday, January 31, 2023
Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Accounting, Security (finance), Holding company, Audit

Certain statements made herein are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995.

Key Points: 
  • Certain statements made herein are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995.
  • Forward-looking statements generally are accompanied by words such as “may”, “should”, “would”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “seem”, “seek”, “continue”, “future”, “will”, “expect”, “outlook” or other similar words, phrases or expressions.
  • These statements are based on the current expectations and are not predictions of actual performance.
  • Forward-looking statements are not guarantees of performance, and speak only as of the date made, and the Company undertakes no obligation to update or revise any forward-looking statements except as required by law.

Mason Industrial Technology, Inc. Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination

Retrieved on: 
Tuesday, January 31, 2023
Finance, Manufacturing, Other Manufacturing, Professional Services, Chemicals, Plastics, Transfer, Business analyst, Finance Secretary (India), Acquisition, Trust, Form, Delaware General Corporation Law, Letter, Annual report, Secretary of State of Delaware, Accounting, Communication, Interest on Lawyer Trust Accounts, Industrial technology, Tax, Security (finance)

Net of taxes and dissolution expenses, the per-share redemption price for the Public Shares is expected to be approximately $10.14 (the “Redemption Amount”).

Key Points: 
  • Net of taxes and dissolution expenses, the per-share redemption price for the Public Shares is expected to be approximately $10.14 (the “Redemption Amount”).
  • The Company anticipates that the Public Shares will cease trading as of the close of business on February 2, 2023.
  • As of February 3, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.
  • The Redemption Amount will be paid on February 15, 2023 to the beneficial owners of Public Shares held in street name without any required action on their part.

Ameriprise Financial Included in 2023 Bloomberg Gender-Equality Index

Retrieved on: 
Tuesday, January 31, 2023
Professional Services, DEI (Diversity, Equity and Inclusion), Finance, Consulting, Banking, Accounting, Community, Life, Woman, Inclusion, NYSE, Disclosure, Parity, Workforce, Culture, AMP, Index, Curriculum, Diversity, equity, and inclusion, Bloomberg, GEI, WIN, Nursing, Management, Ameriprise Financial

Ameriprise Financial, Inc. (NYSE: AMP) today announced that it has been included in the Bloomberg Gender-Equality Index (GEI) for the third time.

Key Points: 
  • Ameriprise Financial, Inc. (NYSE: AMP) today announced that it has been included in the Bloomberg Gender-Equality Index (GEI) for the third time.
  • Ameriprise “Career Compass” events are designed to help women with varying levels of experience explore opportunities available on the path to becoming Ameriprise financial advisors or pursuing other rewarding careers at the company.
  • Similarly, the Ameriprise Women’s Empowerment (WE) Network, is a nationwide professional network with a mission to engage, educate, mentor, empower and inspire women advisors at Ameriprise.
  • To learn more about diversity and inclusion at Ameriprise, review the Ameriprise Responsible Business Report .

Mohammed (Rally) Zerhouni Joins SJW Group as Senior Vice President of Finance, Principal Accounting Officer

Retrieved on: 
Tuesday, January 31, 2023
Finance, Accounting, Energy, Professional Services, Utilities, Administration, SJW Group, Retirement, PwC, NYSE, SJW, Senior, Culture, Connecticut Water Service, Inc., Business administration, Franklin University, Multimedia, Tax, Cryptocurrency, Management, Science, Veolia

SJW Group (NYSE: SJW) has announced today that Mohammed G. (Rally) Zerhouni joined the company on Jan. 30 as the senior vice president of finance, principal accounting officer.

Key Points: 
  • SJW Group (NYSE: SJW) has announced today that Mohammed G. (Rally) Zerhouni joined the company on Jan. 30 as the senior vice president of finance, principal accounting officer.
  • View the full release here: https://www.businesswire.com/news/home/20230131005655/en/
    Mohammed (Rally) Zerhouni joins SJW Group as Senior Vice President of Finance, Principal Accounting Officer.
  • (Photo: Business Wire)
    “We are fortunate to have Rally on our team,” stated SJW Group Chair, President and CEO Eric W. Thornburg.
  • He also has a Bachelor of Science in Accounting and a Master of Business Administration from Franklin University.

Carl Marks Advisors Announces Three Senior Team Member Promotions

Retrieved on: 
Tuesday, January 31, 2023
Finance, Consulting, Banking, Accounting, Professional Services, MBA, Growth, New York University Stern School of Business, NYU, Special, Financial adviser

Carl Marks Advisors , a leading investment bank providing financial and operational advisory services to middle market companies, today announced promotions for three executives at the firm.

Key Points: 
  • Carl Marks Advisors , a leading investment bank providing financial and operational advisory services to middle market companies, today announced promotions for three executives at the firm.
  • “Ben, David, and Michael have each made tremendous contributions to the growth of our business,” said Evan Tomaskovic, Managing Partner of Carl Marks Advisors.
  • After a foray into private equity, he returned to Carl Marks Advisors in 2020 to focus on mergers & acquisitions and corporate restructurings as part of the Special Situations investment banking group.
  • Michael Gordon re-joined Carl Marks Advisors in 2019 after earning an MBA at NYU Stern.

Veriti Rebrands as First Trust Direct Indexing with Indexing Expert Robert Hughes as First CEO

Retrieved on: 
Wednesday, February 1, 2023
Finance, Banking, Accounting, Professional Services, Asset Management, Distribution, Hughes, S-Network Global Indexes, Trust, University, RIA, ETF, Clamorous reed warbler, Risk management, Notre Dame, Cryptocurrency, Alerian

Veriti Management LLC (“Veriti”), a direct indexing asset technology company, today announced its rebrand as First Trust Direct Indexing, as well as the appointment of Robert Hughes as Chief Executive Officer (CEO).

Key Points: 
  • Veriti Management LLC (“Veriti”), a direct indexing asset technology company, today announced its rebrand as First Trust Direct Indexing, as well as the appointment of Robert Hughes as Chief Executive Officer (CEO).
  • Taking the reins from Veriti Co-Founder and Managing Partner James Dilworth , Hughes will focus on integrating Veriti’s established direct indexing capabilities and resources with First Trust’s extensive network of distributors.
  • This elevated offering comes at a time when advisors, institutions and investors are clamoring for custom indexing solutions that deliver bespoke portfolios with the ability to generate tax alpha.
  • The elite team at First Trust Direct Indexing has developed a simple and powerful delivery tool for advisors, while also creating personalized solutions to help them meet clients where they’re at in terms of values, needs and goals.”
    “First Trust Direct Indexing was built by advisors, for advisors, making it a natural leader in direct indexing solutions for the broader industry,” added Dilworth.

Ancora Sends Letter to Green Plains’ Board of Directors Regarding the Need to Explore a Sale

Retrieved on: 
Tuesday, January 31, 2023
Environment, Technology, Finance, Semiconductor, Accounting, Professional Services, Alternative Energy, Green Technology, Energy, Carbon, House, Market, Democrat, Investment, Chevron Corporation, Corn oil, Economics, Neste, Ethanol, Acquisition, Tate, Aviation, Sale, Representative, Letter, BP, ADM (company), Fence, Growth, Car, Ingredion, Bloomberg L.P., Management, Renewable energy, Green

We want to begin by commending the Board of Directors (the “Board”) and management for beginning to transform Green Plains from an ethanol producer to a sustainable biorefinery platform with significant long-term potential.

Key Points: 
  • We want to begin by commending the Board of Directors (the “Board”) and management for beginning to transform Green Plains from an ethanol producer to a sustainable biorefinery platform with significant long-term potential.
  • In 2023, however, the macro environment presents a much larger challenge to Green Plains.
  • As detailed in this letter, we believe Green Plains’ initial transformation efforts have made it a highly attractive business for strategic acquirers in the agricultural products and energy sectors.
  • As such, telling us that "the Board is always open to fielding offers and exploring alternatives” is not a sufficient response.

Gen Z Would Rather Talk about Anything But Their Finances

Retrieved on: 
Tuesday, January 31, 2023
Personal Finance, Accounting, Technology, Professional Services, Communications, Social Media, Software, Generation Z, Fintech, Consumer, Finance, Karma, Life, Taboo, Investment, TurboTax, Girlboss, QuickBooks, Philosophy, Intuit, Gen, Credit Karma, Quality of life, Infertility, Beauty, Financial independence, Politics, Social media, INTU, Mailchimp, Online shopping

But new data shows that Gen Z’ers would rather talk about politics, parenting struggles, sex and infertility than debt, their salaries and bad investments.

Key Points: 
  • But new data shows that Gen Z’ers would rather talk about politics, parenting struggles, sex and infertility than debt, their salaries and bad investments.
  • In fact, experiences matter more than money to Gen Z, as 68% say they are only interested in finances as a means to support their current interests.
  • Gen Z has more access to financial information than any other generation, but this doesn’t always translate into decision-making.
  • Gen Z is three times as likely to compare themselves to others on social media (30% vs. 10% Canadian general population).

Gen Z Would Rather Talk About Anything But Their Finances

Retrieved on: 
Tuesday, January 31, 2023
Data Management, Banking, Accounting, Technology, Professional Services, Blockchain, Software, Cryptocurrency, Generation Z, Consumer, Finance, Karma, Life, FIRE, Taboo, Investment, TurboTax, Girlboss, QuickBooks, Philosophy, Intuit, Gen, Credit Karma, Infertility, Beauty, Politics, Financial independence, Quality of life, Social media, INTU, Mailchimp, Online shopping

But new data shows that Gen Z would rather talk about politics, parenting struggles, sex, and infertility than debt, their salaries, and bad investments.

Key Points: 
  • But new data shows that Gen Z would rather talk about politics, parenting struggles, sex, and infertility than debt, their salaries, and bad investments.
  • In fact, experiences matter more than money to Gen Z, as 66% say they are only interested in finances as a means to support their current interests.
  • Gen Z has more access to financial information than any other generation, but this doesn’t always translate into decision-making.
  • Intuit surveyed 2,000 Americans ages 18+, plus an additional oversample of Gen Z (ages 18-25) to discover current attitudes around money and personal finance.

HdL Companies Acquires DataMax Revenue Enhancement

Retrieved on: 
Tuesday, January 31, 2023
Consulting, Data Management, Other Retail, Accounting, Technology, Professional Services, State, Local, Retail, Software, Public Policy, Government, Finance, HDL, Culture, Datamax UV-1, Acquisition, Cryptocurrency

HdL Companies , a leading provider of revenue enhancement and management solutions for public agencies, is pleased to announce the acquisition of key assets from NC-based DataMax Corporation, a like-minded firm that specializes in revenue identification and recovery.

Key Points: 
  • HdL Companies , a leading provider of revenue enhancement and management solutions for public agencies, is pleased to announce the acquisition of key assets from NC-based DataMax Corporation, a like-minded firm that specializes in revenue identification and recovery.
  • The combination of DataMax with HdL Companies will create tremendous opportunities for our clients and team members.
  • We are delighted and honored to become associated with HdL Companies,” said DataMax CEO, Lisa Venable.
  • As an affiliate of HdL, DataMax will continue to provide and grow their local government solutions to existing and prospective clients.