Bank of America

BrightSpring Health Services, Inc. to Announce First Quarter 2024 Financial Results on May 2, 2024, and Participate in the Bank of America 2024 Healthcare Conference

Retrieved on: 
Tuesday, April 9, 2024
Bank of America, Webcast, Bank, Conference

LOUISVILLE, Ky., April 09, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today that it plans to release its first quarter 2024 financial results on Thursday, May 2, 2024, prior to the Company’s earnings conference call, which will be held at 8:30 a.m.

Key Points: 
  • LOUISVILLE, Ky., April 09, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today that it plans to release its first quarter 2024 financial results on Thursday, May 2, 2024, prior to the Company’s earnings conference call, which will be held at 8:30 a.m.
  • To participate in the conference call, please register here before the 8:30 a.m.
  • BrightSpring will also participate at the upcoming Bank of America 2024 Health Care Conference.
  • A live and archived webcast of the presentation will be available on the “Event & Presentations” section of the BrightSpring investor relations website at https://ir.brightspringhealth.com/ .

Ibotta Announces Launch of Initial Public Offering

Retrieved on: 
Monday, April 8, 2024
BofA Securities, JMP, UBS, Exchange, Goldman Sachs, Wells Fargo, Telephone, Sale, Attention, Prospectus, Ibotta, Bank of America, Evercore, Security (finance)

Ibotta will not receive any proceeds from the sale of shares by the selling stockholders.

Key Points: 
  • Ibotta will not receive any proceeds from the sale of shares by the selling stockholders.
  • In addition, the underwriters will have a 30-day option to purchase up to an additional 843,750 shares of Class A common stock from the selling stockholders at the initial public offering price, less underwriting discounts and commissions.
  • The initial public offering price is estimated to be between $76.00 and $84.00 per share.
  • Citizens JMP, Needham & Company and Raymond James will act as co-managers for the proposed offering.

For World Mental Health Day, Jack.org Calls on Communities Across the Country to Come Together to End the Youth Mental Health Emergency

Retrieved on: 
Wednesday, April 3, 2024
Bank of America, Health, CIBC, BMO, Avanade, Mental, Ride, Mental health, Knowledge, Bank, Quality of life, Adolescence, Accenture, Nursing

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- In response to the intensifying youth mental health emergency unfolding across the country, Jack.org and presenting sponsor Bank of America are calling on people from coast-to-coast-to-coast to join Jack Ride, Canada’s Ride for Youth Mental Health. The funds raised at Jack Ride support critical mental health education programs for young people across Canada, teaching them how to recognize the signs of mental health struggle, have supportive conversations with their peers, and when and where to seek professional support.

Key Points: 
  • TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- In response to the intensifying youth mental health emergency unfolding across the country, Jack.org and presenting sponsor Bank of America are calling on people from coast-to-coast-to-coast to join Jack Ride, Canada’s Ride for Youth Mental Health.
  • The funds raised at Jack Ride support critical mental health education programs for young people across Canada, teaching them how to recognize the signs of mental health struggle, have supportive conversations with their peers, and when and where to seek professional support.
  • Mental health is health, but Canada ranks among the bottom third of wealthy nations when it comes to youth mental health outcomes and has one of the highest rates of adolescent suicide.1 While one out of every five young people will experience a mental health disorder, many of them lack the mental health education that would help them get the support they need.
  • In the past 15 years, Jack Riders have raised over $10 million dollars to support young people’s mental health.

PROCEPT BioRobotics to Report First Quarter 2024 Financial Results on May 1, 2024 and Attend the 2024 Bank of America Healthcare Conference on May 15, 2024

Retrieved on: 
Tuesday, April 2, 2024
Bank of America, Webcast, Bank, Conference, Pacific Time Zone, Broadcasting

Live audio of the webcast will be available on the “Investors” section of the Company’s website at: https://ir.procept-biorobotics.com .

Key Points: 
  • Live audio of the webcast will be available on the “Investors” section of the Company’s website at: https://ir.procept-biorobotics.com .
  • An archived recording will be available on the “Investors” section of the Company’s website at: https://ir.procept-biorobotics.com .
  • Each webcast will be available for replay for at least 90 days after the event.
  • The Company also announced today that members of management will present at the upcoming Bank of America 2024 Health Care Conference in Las Vegas.

TFI International Completes Previously Announced Daseke Acquisition for US $8.30 in Cash per Common Share and Closes on US $500 Million Term Loan

Retrieved on: 
Monday, April 1, 2024
Bank of America, Goldman Sachs, PNC Financial Services, Daseke, National Bank of Canada, Bank, Acquisition, Transport, U.S. Bancorp, Toronto-Dominion Bank, Bank of Montreal, TFI International, TSX, Royal Bank of Canada, National bank

MONTREAL, April 01, 2024 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of Daseke, Inc. (NASDAQ: DSKE), one of the leading flatbed and specialized transportation and logistics companies in North America, for US $8.30 in cash per common share.

Key Points: 
  • MONTREAL, April 01, 2024 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of Daseke, Inc. (NASDAQ: DSKE), one of the leading flatbed and specialized transportation and logistics companies in North America, for US $8.30 in cash per common share.
  • The total enterprise value of the transaction is approximately US $1.1 billion, including the merger consideration for the common stock, redemption of Daseke’s Series B preferred stock, payoff or assumption of Daseke’s Series A preferred stock and outstanding debt, net of cash, and estimated transaction fees and expenses.
  • In addition, on March 22, 2024, TFI International closed on a US $500 million term loan in an overcommitted transaction priced at a spread of SOFR plus a range of 140 to 165 basis points, to vary over time depending on the company’s funded-debt-to-EBITDA ratio, and consisting of three tranches including a one-year facility of US $100 million maturing March 2025, a two-year facility of US $100 million maturing March 2026 and a three-year facility of US $300 million maturing March 2027.
  • Participating banks included National Bank of Canada, Royal Bank of Canada, Bank of America, N.A., The Toronto-Dominion Bank, Bank of Montreal, PNC Bank, N.A., U.S. Bank National Association, Morgan Stanley Bank, N.A., and Goldman Sachs.

The number of Latino-owned businesses is growing 10x faster than White-owned businesses, as reported by the Stanford Graduate School of Business

Retrieved on: 
Wednesday, March 27, 2024
Bank of America, Growth, GSB, Bank, Research, Entrepreneurship, AI, Stanford University, Student, Woman, Male, PALO, Dell Technologies, Housing, Ecosystem, Surdna Foundation, Heart, JPMorgan Chase, Summit, Wells Fargo, Latina, Bottled water

In fact, the number of Latino-owned businesses is growing 10x faster than white-owned businesses.

Key Points: 
  • In fact, the number of Latino-owned businesses is growing 10x faster than white-owned businesses.
  • As shown in the graph, the 3-year (2020-2023) median compound annual growth rate was 8.7% for Latino-owned businesses versus just 5.6% for white-owned businesses.
  • Latinos are not only starting businesses faster and experiencing higher revenue growth rates but they are also creating more jobs with better benefits.
  • It’s important to highlight that Latinas are starting new businesses and growing revenues more rapidly than their male counterparts.

UNCF Celebrates Tremendous Success of the National 80th Anniversary “A Mind Is…”® Gala, Raising Over $2M to Support HBCUs

Retrieved on: 
Tuesday, March 26, 2024
Bank of America, The Coca-Cola Company, Alaska Airlines, Target, University, Keepers, Coca-Cola, Education, U.S. Bancorp, Howard University, Bank, UNCF, Human, Social responsibility, Toyota, Student, Biology, Fisk Jubilee Singers, Chemistry, JPMorgan Chase, ExxonMobil, Oaktree Capital Management, General Motors, Delta Air Lines

UNCF awarded its first National Alumni of the Year Award to Dr. Rubye Taylor-Drake for her invaluable work in helping to support UNCF’s National Alumni Council .

Key Points: 
  • UNCF awarded its first National Alumni of the Year Award to Dr. Rubye Taylor-Drake for her invaluable work in helping to support UNCF’s National Alumni Council .
  • The 80th anniversary “A Mind Is...” Gala featured captivating entertainment that added to the excitement of the evening.
  • "We are overwhelmed by the generosity and support shown at our 80th Anniversary “A Mind Is...” Gala," said Dr. Lomax.
  • “UNCF is grateful to all the sponsors, donors and attendees who made the 80th Anniversary “A Mind Is...” Gala a resounding success.

UnitedLex Continues Executive Team Expansion with Chief Operating Officer and EVP, Corporate & Commercial Services Appointments

Retrieved on: 
Tuesday, March 26, 2024
Bank of America, GC, EVP, Executive, SVP, Bank, Warner Bros. Discovery EMEA, Business development, Incident, Lawyer, Hinzmann, Analytics, Intellectual property, Corporation, Management

One of Ritter’s key mandates will be to further fortify the company’s operational infrastructure to continue to lead the market in technology enabled service delivery.

Key Points: 
  • One of Ritter’s key mandates will be to further fortify the company’s operational infrastructure to continue to lead the market in technology enabled service delivery.
  • Prior to UnitedLex, Ritter held various C-suite roles at Oliver Technology Corporation, Breakwater Solutions and DiscoverReady.
  • “The reputation of UnitedLex for providing groundbreaking solutions across multiple legal and business verticals has always intrigued me,” said Ritter.
  • Prior to joining UnitedLex, she has held numerous C-suite leadership roles with financial and legal services providers including Consilio, Cimplifi, and most recently Oliver Technology Corporation.

Hilton Grand Vacations Successfully Reprices Term Loan B

Retrieved on: 
Monday, April 8, 2024
Commercial Building & Real Estate, Vacation, Lodging, Construction & Property, Destinations, Travel, Tourist Attractions, Bank of America, Tax, Communication, HGV, Bank, Simpson Thacher & Bartlett, Risk, Hilton Grand Vacations, Annual report, Term loan, Result, Analysis, Security (finance)

Hilton Grand Vacations Inc. (NYSE:HGV) announces today the successful re-pricing of its existing $1.3 billion Term Loan B, maturing Aug. 2, 2028.

Key Points: 
  • Hilton Grand Vacations Inc. (NYSE:HGV) announces today the successful re-pricing of its existing $1.3 billion Term Loan B, maturing Aug. 2, 2028.
  • The new pricing will be SOFR plus 250 basis points, down from SOFR plus 275 basis points.
  • Additionally, the credit spread adjustment for the Term Loan B has been removed.
  • “We’re pleased with the solid execution, lowering our pricing by 25 basis points and removing the credit spread adjustment,” said Dan Mathewes, president and chief financial officer of Hilton Grand Vacations.

Ibexis Life & Annuity Insurance Company Launches FIA Product Enhancements

Retrieved on: 
Monday, April 8, 2024
Professional Services, Technology, Insurance, Finance, Artificial Intelligence, Personal Finance, Bank of America, FIA, ADR, Life, Bank, Policy, Organization, Marketing, AM Best, AMS, HSBC, Retirement, FIG, IAMS, DMI

Ibexis Life & Annuity Insurance Company® (“Ibexis”) today announced multiple enhancements to its FIA Plus™ fixed indexed annuity series offered in the independent marketing organization (“IMO”) sales channel.

Key Points: 
  • Ibexis Life & Annuity Insurance Company® (“Ibexis”) today announced multiple enhancements to its FIA Plus™ fixed indexed annuity series offered in the independent marketing organization (“IMO”) sales channel.
  • The FIA Plus™ is an accumulation focused fixed indexed annuity, which now includes a Bonus Rider, Bailout feature and annual declared rate option (“ADR”).
  • The FIA Plus™ continues to offer crediting strategies linked to two unique proprietary indexes from Bank of America, HSBC, and the S&P 500®.
  • We are proud to offer these enhancements to give clients additional ways to save for retirement,” said Nate Gemmiti, CEO & President of Ibexis.