CSG

Churchill Stateside Group Closes $15.4M in Financing for the Rehabilitation of a 64-Unit LIHTC Apartment Community in Summerville, SC

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星期三, 五月 8, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Urban Planning, Professional Services, Alternative Energy, Energy, Other Construction & Property, Residential Building & Real Estate, CSG, Housing, Azalea Park, Florida, Forward, CMI, AMI, Lighting, CMC, Winston Churchill, Rehabilitation, Quality of life, Commercial property

The financing for the rehabilitation of this community includes a $10,600,000 Construction Loan and a $4,850,000 Forward Permanent Loan with a 40-year amortization.

Key Points: 
  • The financing for the rehabilitation of this community includes a $10,600,000 Construction Loan and a $4,850,000 Forward Permanent Loan with a 40-year amortization.
  • This funding, arranged by Churchill Mortgage Construction LLC ("CMC") and Churchill Mortgage Investment LLC ("CMI"), subsidiaries of CSG, marks a significant milestone for the project.
  • Azalea Park Apartments aims to address the housing needs of the Summerville area while fostering economic growth and opportunity.
  • Michael Spain, VP, Southeast Regional Director for CSG, said, “We at Churchill Stateside Group are committed to supporting the revitalization of affordable housing communities across the country.

Churchill Stateside Group Attends Southwest Mortgagee Advisory Council’s 2024 Conference

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星期三, 五月 8, 2024
Public Policy, Government, Social Services, Other Construction & Property, Climate Change, Advocacy Group Opinion, Residential Building & Real Estate, Commercial Building & Real Estate, Environment, Construction & Property, Other Energy, Urban Planning, Finance, REIT, Banking, Energy, Professional Services, Philanthropy, White House, Federal Government, Foundation, Storm, Climate change, Factorization of polynomials, Policy, CSG, Creditor, Mortgage law, Region, HUD, Letter, Wind, Senior, SWAC, FHA, Winston Churchill, MAP

The Southwest Mortgagee Advisory Council (SWAC), a non-profit industry trade group for FHA Multifamily Accelerated Processing (MAP) Lenders and third-party firms in the Southwest region, held its annual conference in Fort Worth, Texas.

Key Points: 
  • The Southwest Mortgagee Advisory Council (SWAC), a non-profit industry trade group for FHA Multifamily Accelerated Processing (MAP) Lenders and third-party firms in the Southwest region, held its annual conference in Fort Worth, Texas.
  • The event brought together industry experts and stakeholders for informative discussions and valuable networking opportunities in which members of Churchill were in attendance.
  • Keith J. Gloeckl, CEO of Churchill Stateside Group (CSG), stated “As a HUD MAP Lender, we, at Churchill, feel it is very important for our HUD staff to attend these regional meetings.
  • One item of particular importance highlighted was the release of Mortgagee Letter: 2024-05, Wind or Named Storm Insurance Coverage.

Paris Forum Highlights CSG's Role in Advancing Sino-French Energy Partnerships

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星期二, 五月 7, 2024
Climate change, Diplomatic mission, CSG, Paris Agreement, Publicis, Électricité de France, Carbon, RTE, Culture, National Assembly, Xinhua News Agency, China Southern Power Grid, Light, Organization, Film industry

PARIS, May 7, 2024 /PRNewswire/ -- This is a report from Xinhuanet:

Key Points: 
  • PARIS, May 7, 2024 /PRNewswire/ -- This is a report from Xinhuanet:
    A forum focused on fostering people-to-people and cultural exchanges between China and France was held in Paris on May 4.
  • He noted that such partnerships in management and technological benchmarking would enhance CSG's expansion into the European market.
  • At the forum, CSG unveiled the bilingual Chinese-French edition of its "Report on the New Practices of Chinese-style Modernization by CSG".
  • He recognized France's critical role in advancing global climate governance, and expressed confidence that through Sino-French collaboration, more effective strategies could be developed to promote the low-carbon transition of energy and address global climate issues.

Paris Forum Highlights CSG's Role in Advancing Sino-French Energy Partnerships

Retrieved on: 
星期二, 五月 7, 2024
Climate change, Diplomatic mission, CSG, Paris Agreement, Publicis, Électricité de France, Carbon, RTE, Culture, National Assembly, Xinhua News Agency, China Southern Power Grid, Light, Multimedia, Organization, Film industry

PARIS, May 7, 2024 /PRNewswire/ -- This is a report from Xinhuanet:

Key Points: 
  • PARIS, May 7, 2024 /PRNewswire/ -- This is a report from Xinhuanet:
    A forum focused on fostering people-to-people and cultural exchanges between China and France was held in Paris on May 4.
  • He noted that such partnerships in management and technological benchmarking would enhance CSG's expansion into the European market.
  • At the forum, CSG unveiled the bilingual Chinese-French edition of its "Report on the New Practices of Chinese-style Modernization by CSG".
  • He recognized France's critical role in advancing global climate governance, and expressed confidence that through Sino-French collaboration, more effective strategies could be developed to promote the low-carbon transition of energy and address global climate issues.

CSG Appoints Paul Lemke as CEO of CSG USA

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星期一, 五月 6, 2024
Kinetic Group, Vista Outdoor, Straight Flush, CSG, Law enforcement, Federal Bureau of Investigation, Fiocchi Munizioni, Knowledge, Government, Firearm, Acquisition, Czechoslovak Group, Growth, Drug

PRAGUE, May 6, 2024 /PRNewswire/ -- Czechoslovak Group ("CSG"), a leading global industrial holding company, has appointed Paul Lemke to serve as Chief Executive Officer of CSG USA, the company's Virginia-based U.S. division. As part of his new role, Mr. Lemke will be responsible for identifying opportunities for growth and innovation and for developing strategic trade relationships with key business segments, including the U.S. Armed Forces, law enforcement and other government agencies. Mr. Lemke has nearly three decades of military and business experience in the firearms and ammunition industries. He served for 20 years in the U.S. Army, working in military diplomacy and security assistance, retiring with the rank of lieutenant colonel.

Key Points: 
  • CSG USA plays a key role in serving the U.S. market and growing global trade opportunities on behalf of CSG.
  • "Paul brings significant experience and knowledge of the U.S. market and our industry and we are pleased to welcome him as CEO of CSG USA," said David Štěpán, Member of the Board of Directors of CSG and CEO of the CSG Ammo+ division.
  • Paul Lemke served for 20 years in the U.S. Army, where he rose to the rank of lieutenant colonel.
  • In March 2024, he joined CSG USA as CEO.

Netenrich Launches Adaptive MDR™ for Google Chronicle Security Operations, Powered by Resolution Intelligence Cloud™ Technology

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星期三, 五月 1, 2024
Cloud, Intelligence, Cloud computing security, EVP, CSG, Google Cloud, CISO, TIBCO, NetScaler, SIEM, Environment, MITRE, SOC, Socs, Noise, SOAR, MDR, Chronicle, XDR, RSAC, Organization, SAN, National Harbor, Maryland, Gartner, Risk management

SAN JOSE, Calif., May 1, 2024 /PRNewswire/ -- Netenrich, a leading operations and analytics company, today announced the launch of Netenrich Adaptive MDRTM, an innovative approach to Managed Detection and Response (MDR) that empowers customers to shift-left their security operations model and increase their cyber resiliency. Adaptive MDR is based on Netenrich's Resolution Intelligence Cloud™ and seamlessly integrates with Google Cloud's best-in-class Security Operations platform, Chronicle. With Adaptive MDR, enterprise security operations become more proactive while reducing reliance on manual intervention and improving threat detection, response, and resilience.

Key Points: 
  • Adaptive MDR is based on Netenrich's Resolution Intelligence Cloud™ and seamlessly integrates with Google Cloud's best-in-class Security Operations platform, Chronicle.
  • With Adaptive MDR, enterprise security operations become more proactive while reducing reliance on manual intervention and improving threat detection, response, and resilience.
  • "Netenrich Adaptive MDR is not a one-size-fits-all MDR solution," said Raju Chekuri, founder, chairman and CEO of Netenrich.
  • "With Netenrich Adaptive MDR, we're poised to redefine and modernize our entire security strategy and processes, and are that much closer to our goal of achieving autonomic security operations."

CSG Systems International Reports First Quarter 2024 Results

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星期三, 五月 1, 2024
Professional Services, Payments, Technology, Software, Electronic Commerce, Consulting, GAAP, Growth, EPS, CSG, Video game

GAAP Results: Total revenue for the first quarter of 2024 was $295.1 million, a 1.2% decrease when compared to revenue of $298.7 million for the first quarter of 2023.

Key Points: 
  • GAAP Results: Total revenue for the first quarter of 2024 was $295.1 million, a 1.2% decrease when compared to revenue of $298.7 million for the first quarter of 2023.
  • GAAP operating income for the first quarter of 2024 was $31.8 million, or 10.8% of total revenue, compared to $38.2 million, or 12.8% of total revenue, for the first quarter of 2023.
  • GAAP EPS for the first quarter of 2024 was $0.68, consistent with the first quarter of 2023, with the first quarter of 2024 benefiting primarily from foreign currency movements and a lower share count.
  • Non-GAAP EPS for the first quarter of 2024 was $1.01 compared to $1.04 for the first quarter of 2023.

CSG’s Mike Woods Honored in 2024 Cablefax 100 List

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星期四, 四月 25, 2024
Technology, Other Communications, Consulting, Marketing, Other Technology, Communications, Telecommunications, Professional Services, Software, Other Professional Services, Software as a service, Growth, CSG

CSG® (NASDAQ: CSGS) today announced that its Executive Vice President and President of North America Communications, Media and Technology, Mike Woods, has been selected as a Cablefax 100 honoree.

Key Points: 
  • CSG® (NASDAQ: CSGS) today announced that its Executive Vice President and President of North America Communications, Media and Technology, Mike Woods, has been selected as a Cablefax 100 honoree.
  • This achievement underscores Woods' commitment to excellence and strategic leadership in guiding the industry through an era of change, collaboration and macroeconomic challenges.
  • "The cable broadband industry is at an exciting inflection point," said Woods.
  • It’s an honor to be included in the 2024 Cablefax 100 List as we continue to help shape our customers’ success and contribute to the future-readiness of our industry."

Adaptive Shield Launches Fast Forward Partner Program to Help Enterprises Secure the SaaS Ecosystem

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星期三, 四月 24, 2024
Security, Apps, Applications, Technology, Software, Networks, Internet, CSG, Guidepoint, Conference, Software as a service, WWT, Channel, RSA, Organization

Adaptive Shield , the SaaS security leader, today announced the launch of a new global partner program to accelerate channel-led growth and deliver SaaS Security Posture Management (SSPM) technology at scale alongside local support.

Key Points: 
  • Adaptive Shield , the SaaS security leader, today announced the launch of a new global partner program to accelerate channel-led growth and deliver SaaS Security Posture Management (SSPM) technology at scale alongside local support.
  • The Adaptive Shield Fast Forward Partner Program will help meet the growing market demand for SSPM solutions across North America, EMEA and APAC.
  • “Adaptive Shield is proud to launch the Fast Forward Partner Program to support our global partners in our joint mission to help enterprises establish robust SaaS security.
  • Learn more about Adaptive Shield’s award-winning SSPM technology and the opportunity to join the Adaptive Shield Fast Forward Partner Program during the RSA Conference 2024 at booth #1455, Moscone South Expo.

Vista Outdoor in Discussions with MNC Capital, Advises MNC to Increase their Offer Price

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星期一, 四月 22, 2024
Online Retail, Retail, Sports, Other Sports, Manufacturing, Specialty, Other Manufacturing, Vista Outdoor, LLP, Central Time, CSG, Foreign investment, MNC, Gibson Dunn, Morgan Stanley, Committee, Cravath, Swaine & Moore

Vista Outdoor Inc. (“Vista Outdoor” or the “Company”) (NYSE: VSTO) today confirmed it is engaging in discussions with MNC Capital (“MNC”) related to its March 25, 2024 unsolicited indication of interest pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $37.50 per Vista share.

Key Points: 
  • Vista Outdoor Inc. (“Vista Outdoor” or the “Company”) (NYSE: VSTO) today confirmed it is engaging in discussions with MNC Capital (“MNC”) related to its March 25, 2024 unsolicited indication of interest pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $37.50 per Vista share.
  • Michael Callahan, Chairman of the Vista Outdoor Board of Directors, said, “The Vista Outdoor Board does not consider MNC’s revised proposal to be superior to the transaction with CSG and continues to believe MNC’s proposed offer price undervalues the Revelyst business.
  • Accordingly, the Board has authorized Vista management to provide MNC with non-public information so MNC can increase its offer price.
  • Vista Outdoor notes there can be no assurance the discussions with MNC will result in either an increased offer price or any transaction with MNC.