AWC

Alcoa Corporation Reports First Quarter 2024 Results

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星期三, 四月 17, 2024

Net loss attributable to Alcoa Corporation was $252 million, or $1.41 per share.

Key Points: 
  • Net loss attributable to Alcoa Corporation was $252 million, or $1.41 per share.
  • San Ciprián complex: During the first quarter of 2024, Alcoa completed the restart of approximately 6 percent of pots at the smelter in compliance with the February 2023 updated viability agreement.
  • Kwinana refinery: On January 8, 2024, the Company announced the decision to curtail the Kwinana refinery in Australia to be completed in the second quarter of 2024.
  • Alcoa will hold its quarterly conference call at 5:00 p.m. Eastern Daylight Time (EDT) on Wednesday, April 17, 2024, to present first quarter 2024 financial results and discuss the business, developments, and market conditions.

CFP Board Imposes Public Sanctions on Nine Additional Individuals

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星期五, 四月 5, 2024

Robert P. Baffa Jr., CFP® (Las Vegas, Nevada): In January 2024, the Disciplinary and Ethics Commission (Commission) issued an order in which Mr. Baffa received a Public Censure.

Key Points: 
  • Robert P. Baffa Jr., CFP® (Las Vegas, Nevada): In January 2024, the Disciplinary and Ethics Commission (Commission) issued an order in which Mr. Baffa received a Public Censure.
  • Pursuant to his Consent Order with CFP Board, the Commission issued Mr. Ercole an Order of Public Censure.
  • Pursuant to this Consent Order with CFP Board, the Commission issued Ms. Hayut a Suspension of One Year and One Day.
  • This sanction followed the expiration of Mr. Kirkpatrick’s CFP® certification and his failure to file an Answer to CFP Board Enforcement Counsel’s Complaint within the required time frame.

CFP Board Imposes Interim Suspension on Timothy W. Leveroni of Braintree, Massachusetts

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星期五, 四月 5, 2024

Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification against Timothy W. Leveroni, which is effective as of March 15, 2024.

Key Points: 
  • Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification against Timothy W. Leveroni, which is effective as of March 15, 2024.
  • On February 13, 2024, CFP Board Enforcement Counsel filed a Petition for Interim Suspension (Petition) pursuant to Article 2.1.a.1.
  • An interim suspension is a suspension of a CFP® professional’s certification and trademark license during the pendency of CFP Board enforcement proceedings.
  • A Respondent subject to an Interim Suspension Order must not use the CFP Board certification marks, state or suggest that Respondent is a CFP® professional, or hold out to the public as being certified by CFP Board while the Interim Suspension Order is in effect.

CFP Board Imposes Interim Suspension on Edward Steven Mercer of Coral Springs, Florida

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星期五, 四月 5, 2024

Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification marks against Edward Steven Mercer, which is effective as of January 31, 2024.

Key Points: 
  • Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification marks against Edward Steven Mercer, which is effective as of January 31, 2024.
  • Counsel to the Disciplinary and Ethics Commission (DEC Counsel) issued an automatic Interim Suspension Order suspending Mr. Mercer’s right to use the CFP Board certification marks after CFP Board Enforcement Counsel provided notice to DEC Counsel that there were grounds for an automatic Interim Suspension Order.
  • An interim suspension is a suspension of a CFP® professional’s certification and trademark license during the pendency of CFP Board enforcement proceedings.
  • A Respondent subject to an Interim Suspension Order must not use the CFP Board certification marks, state or suggest that Respondent is a CFP® professional, or hold out to the public as being certified by CFP Board while the Interim Suspension Order is in effect.

Alcoa Enters into Binding Agreement to Acquire Alumina Limited

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星期一, 三月 11, 2024

Alcoa (NYSE: AA or “Alcoa”) today announced that it has entered into a binding Scheme Implementation Deed (the “Agreement”) with Alumina Limited (ASX: AWC), under which Alcoa will acquire Alumina Limited in an all-scrip, or all-stock, transaction.

Key Points: 
  • Alcoa (NYSE: AA or “Alcoa”) today announced that it has entered into a binding Scheme Implementation Deed (the “Agreement”) with Alumina Limited (ASX: AWC), under which Alcoa will acquire Alumina Limited in an all-scrip, or all-stock, transaction.
  • The Independent Directors of Alumina Limited, and its Managing Director and Chief Executive Officer intend to vote all shares of Alumina Limited held or controlled by them in favor of the Agreement.
  • “Entering into the Scheme Implementation Deed to acquire Alumina Limited is a milestone on our path to deliver value for both Alcoa and Alumina shareholders,” said William F. Oplinger, Alcoa’s President and CEO.
  • Accordingly, under the Agreement, Alumina Limited shareholders would receive consideration of 0.02854 Alcoa shares for each Alumina Limited share (the “Agreed Ratio”).

Alcoa Announces Agreement With Alumina Limited on Terms and Process to Acquire Alumina Limited in All-Stock Transaction

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星期日, 二月 25, 2024

Alcoa and Alumina Limited have entered into an exclusivity and transaction process deed (“Process Deed”), and the Alumina Limited Board of Directors has confirmed that, subject to entry into a scheme implementation agreement, it intends to recommend the transaction to Alumina Limited shareholders.

Key Points: 
  • Alcoa and Alumina Limited have entered into an exclusivity and transaction process deed (“Process Deed”), and the Alumina Limited Board of Directors has confirmed that, subject to entry into a scheme implementation agreement, it intends to recommend the transaction to Alumina Limited shareholders.
  • Under the all-scrip, or all-stock, transaction, Alumina Limited shareholders would receive consideration of 0.02854 Alcoa shares for each Alumina Limited share (the “Agreed Ratio”).
  • Under the Process Deed, Alcoa and Alumina Limited intend to finalize and enter into a scheme implementation agreement for the all-scrip transaction (the “Agreement”).
  • Upon completion of the Agreement, Alumina Limited shareholders would own 31.25 percent, and Alcoa shareholders would own 68.75 percent of the combined company.1
    Alcoa is the sole operator of Alcoa World Alumina and Chemicals (AWAC), a joint venture (“JV”) with Alumina Limited.

DHGATE Group CEO Diane Wang Calls For Increased Collaboration, Inclusivity and Sustainability at WTO 13th Ministerial Conference

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星期四, 二月 29, 2024

ABU DHABI, UAE, Feb. 29, 2024 /PRNewswire/ -- As a member of the WTO Director-General Business Advisory Group, Founder, Chairperson, and CEO of DHGATE Group Diane Wang was invited to speak at the recent 13th Ministerial Conference of the World Trade Organization (WTO MC13) in Abu Dhabi.

Key Points: 
  • ABU DHABI, UAE, Feb. 29, 2024 /PRNewswire/ -- As a member of the WTO Director-General Business Advisory Group, Founder, Chairperson, and CEO of DHGATE Group Diane Wang was invited to speak at the recent 13th Ministerial Conference of the World Trade Organization (WTO MC13) in Abu Dhabi.
  • Through DHGATE Group, Diane has been actively pursuing initiatives to overcome these challenges and empower vulnerable groups, such as through providing resources, digital tools, and training and education for trade skills.
  • The biennial Ministerial Conference is the world's topmost decision-making body for multilateral trade agreements.
  • "The WTO plays a very important role through promoting policies, encouraging public-private collaboration, and encouraging cooperation between countries.

Mitsubishi Outlander Plug-In Hybrid Wins 2024 MotorWeek Drivers' Choice Award For Best Small Utility

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星期四, 二月 15, 2024

FRANKLIN, Tenn., Feb. 15, 2024 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today announced that the Mitsubishi Outlander Plug-in Hybrid was honored with the 2024 MotorWeek Drivers' Choice Award for Best Small Utility.

Key Points: 
  • FRANKLIN, Tenn., Feb. 15, 2024 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today announced that the Mitsubishi Outlander Plug-in Hybrid was honored with the 2024 MotorWeek Drivers' Choice Award for Best Small Utility.
  • They gave the Outlander the Plug-in Hybrid treatment well before anyone else, and this year, the Outlander Plug-in Hybrid attains its well-deserved recognition by securing the Best Small Utility choice award for the first time."
  • The Mitsubishi Outlander Plug-in Hybrid has consistently received acclaim from both automotive experts and consumers alike.
  • In addition to the MotorWeek Drivers' Choice Award, the Outlander Plug-in Hybrid has clinched two consecutive Green Car Journal Family Green Car of the Year awards.

The 4th APEC Women Connect "Her Power" Entrepreneurship Competition Announces 2023 Winners, Celebrates Women Empowerment

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星期五, 二月 2, 2024

Co-hosted by cross-border e-commerce company DHgate , social commerce platform MyyShop , and women empowerment organizations The Inner Mountain Foundation and APEC Women Connect, the "Her Power" Entrepreneurship Competition invited women e-tailers to show off their social commerce capabilities through competitive challenges focused on boosting their product sales and social awareness.

Key Points: 
  • Co-hosted by cross-border e-commerce company DHgate , social commerce platform MyyShop , and women empowerment organizations The Inner Mountain Foundation and APEC Women Connect, the "Her Power" Entrepreneurship Competition invited women e-tailers to show off their social commerce capabilities through competitive challenges focused on boosting their product sales and social awareness.
  • The competition concluded with the fourth "Her Power" Entrepreneurship Competition Awards Ceremony, held online on the afternoon of Friday, January 19th, 2024.
  • "When we intentionally introduce digital empowerment to women and SMEs, we unlock a powerful force for positive change," Torreblanca said.
  • "Our projects have reached over 100,000 women across 51 countries, showcasing the untapped potential of women worldwide waiting to be realized through digital empowerment."

T.R. Miller Mill Assumes AWC Board Chair Role: New Board Members and Companies Also Join AWC

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星期五, 一月 26, 2024

LEESBURG, Va., Jan. 26, 2024 /PRNewswire-PRWeb/ -- The American Wood Council (AWC) announced the election of T.R. Miller Mill Company's President and CEO Ricky Stanley as the new Board Chair for a two-year term.

Key Points: 
  • Miller Mill Company's President and CEO Ricky Stanley as the new Board Chair.
  • Miller Mill Company's President and CEO Ricky Stanley as the new Board Chair for a two-year term.
  • I also want to recognize AWC's outgoing Board Chair, Eric Cremers, President & CEO of PotlatchDeltic, who was our first two-year term Chair.
  • The full AWC Board includes:
    1st Vice Chairman Sean McLaren, West Fraser
    2nd Vice Chairman Derek Ratchford, SmartLam
    In addition to the newly elected Board members, eight companies have recently joined AWC: