Retirement

Rocky Brands, Inc. Announces First Quarter 2024 Results

Retrieved on: 
Tuesday, April 30, 2024
Manufacturing, Fashion, Textiles, Retail, Footwear, Sale, Total, ABL, Rocky, Software, Inventory, Bank of America, Retirement, Rocky Brands, Bank, Acquisition, Advertising, Growth

Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its first quarter ended March 31, 2024.
  • Wholesale sales for the first quarter of 2024 were $79.8 million compared to $80.1 million for the same period in 2023.
  • The decrease was driven by lower debt levels in the first quarter of 2024 compared with the first quarter of 2023.
  • The Company's conference call to review first quarter 2024 results will be broadcast live over the internet today, Tuesday, April 30, 2024 at 4:30 pm Eastern Time.

DALBAR Report Unveils the Top Brokerage Account Statements

Retrieved on: 
Tuesday, April 30, 2024
Banking, Asset Management, Professional Services, Finance, Morgan Stanley, Retirement, Best practice, QR, URL, Investment, BNY, Disclosure, Financial adviser

DALBAR, Inc., the authority on financial services communications quality, released the results of its 26th annual review of account statements and revealed BNY Mellon’s Pershing, Merrill and Morgan Stanley as the firms to beat relative to brokerage account statements.

Key Points: 
  • DALBAR, Inc., the authority on financial services communications quality, released the results of its 26th annual review of account statements and revealed BNY Mellon’s Pershing, Merrill and Morgan Stanley as the firms to beat relative to brokerage account statements.
  • BNY Mellon’s Pershing takes top honors for brokerage statements for the 6th consecutive year in their ongoing quest to provide clear organization featuring robust holdings and client details.
  • Merrill, maintaining the number two spot among brokerage statements, excels at fee transparency and offers clients an upfront display of the top holdings in the account.
  • DALBAR’s Trends & Best Practices in Investor Statements is an annual publication ranking statements across brokerage, mutual fund, retirement, and variable annuity accounts, analyzing both the level of detail offered and the overall presentation of account information.

Sphere Fluidics Appoints Dale Levitzke as Chief Executive Officer

Retrieved on: 
Tuesday, April 30, 2024
Science, Other Science, Biotechnology, Research, Pharmaceutical, Health, Medical Devices, Health Technology, Lead, Single-cell analysis, Bio-Rad Laboratories, Microfluidics, Marketing, NanoString Technologies, Molecular biology, Genetics, Retirement, IPO, Sphere, Senior, Bachelor of Science, Sphere Fluidics, Acquisition, Synthetic biology, Illumina, Inc., La Trobe University

In his role as CEO, Dale will shape Sphere Fluidics’ future commercial business and progress the Company’s continued global expansion strategy to reach new customers and create value for shareholders.

Key Points: 
  • In his role as CEO, Dale will shape Sphere Fluidics’ future commercial business and progress the Company’s continued global expansion strategy to reach new customers and create value for shareholders.
  • Throughout his career, Dale has focused on supporting early-stage and VC-backed pioneering tools companies and steering them towards global market success.
  • Dr. Frank F. Craig co-founded Sphere Fluidics, alongside Professor Chris Abell and Professor Wilhelm Huck, before becoming CEO in 2010.
  • Dale Levitzke, incoming CEO, Sphere Fluidics, added: “Sphere Fluidics’ picodroplet technology and microfluidics platforms are transforming single cell analysis and isolation capabilities, bringing new possibilities to biopharmaceutical research and development.

Sonic Automotive Announces Retirement of Rachel Richards and Promotion of Dino Bernacchi to Chief Marketing Officer

Retrieved on: 
Tuesday, April 30, 2024
Social Media, Retail, Technology, Marketing, Advertising, Communications, Other Automotive, Online Retail, Sports, Other Retail, Electronic Commerce, General Automotive, Specialty, Automotive, Motor Sports, Digital Marketing, CMO, Social media, Sonic Automotive, SAH, Harley-Davidson, Dino, Automotive industry, Research, Bernacchi, Retirement, General Motors, Multimedia, Creativity, Growth, Sales

Sonic Automotive, Inc. (“Sonic’’ or the “Company”) ( NYSE:SAH ), a Fortune 500 Company and one of the nation’s largest automotive and powersports retailers, today announced the retirement of Rachel Richards as the company’s Chief Marketing Officer (CMO).

Key Points: 
  • Sonic Automotive, Inc. (“Sonic’’ or the “Company”) ( NYSE:SAH ), a Fortune 500 Company and one of the nation’s largest automotive and powersports retailers, today announced the retirement of Rachel Richards as the company’s Chief Marketing Officer (CMO).
  • Dino Bernacchi will be promoted to Chief Marketing Officer of the company effective May 1, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240430693488/en/
    Rachel Richards joined Sonic Automotive in 2006 as the company’s Vice President of Retail Strategy and became the company’s first Chief Marketing Officer in 2014.
  • Upon this promotion, Bernacchi assumes responsibility for Sonic Automotive’s franchise dealership marketing and retains marketing responsibility for EchoPark Automotive and Sonic Powersports.

SITE Centers Reports First Quarter 2024 Results

Retrieved on: 
Tuesday, April 30, 2024
Cosmetics, Retail, Supply Chain Management, Commercial Building & Real Estate, Restaurant, Bar, Luxury, Construction & Property, Discount, Variety, Convenience Store, Department Stores, Other Retail, Supermarket, REIT, Fashion, Sale, SITE, Bankruptcy, Retirement, Bed Bath & Beyond, Bed, Shop, SITE Centers, NOI, ATLAS, Growth

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2024.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2024.
  • SITE Centers sold five wholly-owned shopping centers in the first quarter and second quarter to date for an aggregate price of $169.6 million including three wholly-owned shopping centers sold during the first quarter for an aggregate price of $119.4 million.
  • As of March 31, 2024, the Company has amassed a portfolio of 67 wholly-owned properties to be included in the CURB portfolio, including assets separated or in the process of being separated from SITE Centers properties.
  • In the first quarter of 2024, the Company released two properties that had previously been identified to serve as collateral for the facility, thereby reducing the committed amount to $1.0 billion as of March 31, 2024.

Pacific Coast Oil Trust Announces There Will Be No April Cash Distribution

Retrieved on: 
Tuesday, April 30, 2024
Professional Services, Mining, Minerals, Oil, Gas, Energy, Finance, Natural Resources, Net, State, Trustee, Barrel (unit), Conveyance, Court, Face, ARO, Moss Adams, Business analyst, Internet, Hearing, Dissolution, Annual report, Hand, Accounting Standards Codification, County, Federal district, Calendar, Phillips 66, Report, Transport, Consultant, Motion, Retirement, Bank, Special, Connection, Marketing, File, Sale, Prejudice, Security (finance), COVID-19, Panel, Form 10-K, Bank statement, Evergreen, United States district court, Letter, Superior court, Life insurance

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Jackson Adds Protected Lifetime Income Benefit to RILA Suite

Retrieved on: 
Monday, April 29, 2024
Personal Finance, Finance, Consulting, Professional Services, Insurance, Ecosystem, Risk, Literature, Retirement, Jackson National Life, Marketing, JXN, Life insurance

Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today launched +Income, an add-on benefit available for an additional charge, offering guaranteed2 lifetime income3 through Jackson’s Market Link Pro® suite of registered index-linked annuities (RILAs).

Key Points: 
  • Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today launched +Income, an add-on benefit available for an additional charge, offering guaranteed2 lifetime income3 through Jackson’s Market Link Pro® suite of registered index-linked annuities (RILAs).
  • +Income enables clients to create an immediate income stream or defer withdrawals, providing the opportunity to grow income over time.
  • To coincide with the launch of +Income, the tool now includes a new option to illustrate how lifetime income can impact client portfolios.
  • "Jackson has a strong track record of serving as a trusted provider of guaranteed lifetime income strategies for financial professionals and their clients,” continued Sward.

U.S. News & World Report Honors 20 Belmont Village Senior Living Communities in its 2024-2025 Best Senior Living List

Retrieved on: 
Tuesday, April 30, 2024
Mental Health, Nursing, Construction & Property, Seniors, Other Health, Family, General Health, Consumer, Health, Residential Building & Real Estate, Senior living, News, Retirement, Environment, Growth, Management

Belmont Village Senior Living proudly announces that U.S. News & World Report Best Senior Living ratings recognized 20 of its communities on its 2024-2025 list of best senior care providers in the nation.

Key Points: 
  • Belmont Village Senior Living proudly announces that U.S. News & World Report Best Senior Living ratings recognized 20 of its communities on its 2024-2025 list of best senior care providers in the nation.
  • This distinction reaffirms Belmont Village Senior Living's dedication to delivering exceptional care and services to our beloved seniors.
  • “Our organization takes great pride in spearheading innovation within the senior living and care realm, establishing ourselves as pioneers in resident-centered care,” conveyed Patricia Will, Founder & CEO of Belmont Village Senior Living.
  • The U.S. News Best Senior Living finder showcases each community's ratings across independent living, assisted living, memory care, and continuing care retirement.

Flexsteel Industries, Inc. Reports Strong Fiscal Third Quarter 2024 Results: 8% Sales Growth, Improved Operating Margin, Continued Debt Reduction

Retrieved on: 
Monday, April 29, 2024
Home Goods, Architecture, Construction & Property, Specialty, Online Retail, Interior Design, Retail, Residential Building & Real Estate, Investment, Capital expenditure, Retirement, GAAP, Growth, Video game

Net sales for the quarter of $107.2 million compared to $99.1 million in the prior year quarter.

Key Points: 
  • Net sales for the quarter of $107.2 million compared to $99.1 million in the prior year quarter.
  • GAAP operating income of $3.0 million or 2.8% of net sales compared to $2.1 million or 2.1% of net sales in the prior year quarter.
  • Adjusted operating income of $5.6 million or 5.2% of net sales for the third quarter compared to $2.1 million or 2.1% of net sales in the prior year quarter.
  • Operating income for the quarter ended March 31, 2024, was $3.0 million compared to $2.1 million in the prior-year quarter.

Rocky Brands, Inc. Announces Comprehensive Debt Refinancing

Retrieved on: 
Monday, April 29, 2024
Retail, Footwear, Fashion, ABL, Rocky, Security (finance), Rocky Brands, Bank of America, Retirement, Bank, Annual report

Rocky Brands, Inc. (NASDAQ: RCKY), a leading designer, manufacturer and marketer of premium quality footwear and apparel, today announced the signing of a definitive debt refinance agreement with Bank of America, as agent.

Key Points: 
  • Rocky Brands, Inc. (NASDAQ: RCKY), a leading designer, manufacturer and marketer of premium quality footwear and apparel, today announced the signing of a definitive debt refinance agreement with Bank of America, as agent.
  • In 2025, the combined transactions are expected to generate a combined annualized savings of approximately $4.4 million.
  • The combined transactions extend the Company’s debt maturities from March 2026 to April 2029.
  • All forward-looking statements made in this press release are based on information presently available to the management of the Company.