Baton Rouge, Louisiana

Red River Bank Holds Ribbon Cutting for Lafayette, Louisiana, Banking Center

Retrieved on: 
Wednesday, June 8, 2022

ALEXANDRIA, La., June 08, 2022 (GLOBE NEWSWIRE) -- Red River Bank hosted a ribbon-cutting ceremony for its first full-service banking center in the Acadiana market on June 7, 2022.

Key Points: 
  • ALEXANDRIA, La., June 08, 2022 (GLOBE NEWSWIRE) -- Red River Bank hosted a ribbon-cutting ceremony for its first full-service banking center in the Acadiana market on June 7, 2022.
  • Located at 1911 West Pinhook Road in Lafayette, this branch opened on January 26, 2022, as Red River Banks 27th banking center in Louisiana.
  • Red River Bank announced its planned entry into the Acadiana market in July 2020 with the hiring of Smith.
  • Red River Bank is a subsidiary of Red River Bancshares, Inc., which trades under the trading symbol RRBI on the Nasdaq Global Select Market.

Picnic Works™ Tapped to be Exclusive Automated Pizza Assembly System for Speedy Eats

Retrieved on: 
Thursday, June 2, 2022

SEATTLE and BATON ROUGE, La., June 2, 2022 /PRNewswire/ -- Picnic Works, Seattle-based innovator of food automation technology, and Baton Rouge-based Speedy Eats today announced that they are collaborating to bring Picnic Pizza Station technologies to future Speedy Eats automated kitchens.

Key Points: 
  • SEATTLE and BATON ROUGE, La., June 2, 2022 /PRNewswire/ -- Picnic Works , Seattle-based innovator of food automation technology, and Baton Rouge-based Speedy Eats today announced that they are collaborating to bring Picnic Pizza Station technologies to future Speedy Eats automated kitchens.
  • Installing the automated pizza assembly makeline enables Speedy Eats operators to customize Speedy Eats pizzas with fresh ingredients made to order exactly how the customers want.
  • Picnic and Speedy Eats will continue to envision pizza assembly opportunities for upcoming Speedy Eats automated kitchens starting in 2023.
  • For information on Picnic Pizza Stations, see hellopicnic.com and for Speedy Eats automated kitchens, visit speedy-eats.net .

Red River Bancshares, Inc. Announces Quarterly Cash Dividend

Retrieved on: 
Thursday, May 26, 2022

ALEXANDRIA, La., May 26, 2022 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the Company) announced today that on May 26, 2022, its board of directors declared a quarterly cash dividend in an amount equal to $0.07 per share of common stock.

Key Points: 
  • ALEXANDRIA, La., May 26, 2022 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the Company) announced today that on May 26, 2022, its board of directors declared a quarterly cash dividend in an amount equal to $0.07 per share of common stock.
  • The cash dividend is payable on June 23, 2022, to shareholders of record as of the close of business on June 13, 2022.
  • The Company is the bank holding company for Red River Bank, a Louisiana state-chartered bank established in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of commercial and retail customers.
  • Red River Bank operates from a network of 27 banking centers throughout Louisiana and two combined loan and deposit production offices, one each in Lafayette, Louisiana and New Orleans, Louisiana.

Two Advisory Teams Managing Nearly $400 Million Join Cetera

Retrieved on: 
Tuesday, May 24, 2022

LOS ANGELES, May 24, 2022 /PRNewswire/ -- Cetera Financial Group, one of America's largest networks of financial professionals, announced today that two financial advisory teams managing nearly $400 million combined are among its latest affiliations. Minnesota-based Sonnenfeld Financial Group and San Diego-based Lincoln Capital, Inc., have joined regions within Cetera Advisor Networks. The affiliations are the latest recruiting wins for Cetera, which has attracted more than $1.1 billion in assets in May through business development efforts.

Key Points: 
  • LOS ANGELES, May 24, 2022 /PRNewswire/ -- Cetera Financial Group , one of America's largest networks of financial professionals, announced today that two financial advisory teams managing nearly $400 million combined are among its latest affiliations.
  • In January, InTouch Wealth Advisors, led by industry veteran financial professionalsJason Benedetti, Gus Dekavallas and Larry Ritter, joined Cetera Advisors as part of Wilde Wealth Management , managing nearly $200 million.
  • Also in the first quarter, Lewis Financial Group, which oversees nearly $150 million in assets and is led by Kate Lewis, joined Cetera Wealth Partners , a region of Cetera Advisor Networks.
  • "Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA/SIPC.

Redfin Reports Historic Housing Shortage Shows Signs of Letting Up as Sales Decline

Retrieved on: 
Friday, May 20, 2022

The largest price increases were in Las Vegas (+29%), West Palm Beach, FL (+29%) and Fort Worth, TX (+28%).

Key Points: 
  • The largest price increases were in Las Vegas (+29%), West Palm Beach, FL (+29%) and Fort Worth, TX (+28%).
  • Home sales fell from the prior year in 87 of the 88 largest metro areas Redfin tracks.
  • 78 of the 88 largest metros tracked by Redfin posted year-over-year decreases in the number of seasonally adjusted active listings of homes for sale.
  • To learn about housing market trends and download data, visit the Redfin Data Center .

Holcim US Expands Ready Mix Capabilities with Latest Acquisition

Retrieved on: 
Monday, May 23, 2022

Holcim finds synergies with Cajun Ready Mix Concrete as acquisition expands footprint and capabilities in Louisiana, part of its Southern Region

Key Points: 
  • Holcim finds synergies with Cajun Ready Mix Concrete as acquisition expands footprint and capabilities in Louisiana, part of its Southern Region
    CHICAGO, May 23, 2022 /PRNewswire/ -- Holcim US announced today it has acquired the assets of the largest ready-mix concrete company in the Greater Baton Rouge Area, Cajun Ready Mix Concrete .
  • This move further expands Holcim's reach in Louisiana with an increased capacity to serve our ready mix customers.
  • "This acquisition exemplifies our focus of adding strategic partners to our existing operations," said Rick Pucci, Head, Southern Region, Holcim US.
  • As part of the transaction, Holcim will acquire eight Cajun Ready Mix Concrete plants and its headquarters location.

Halstatt Real Estate Partners Announces the Sale of The Legacy at Baton Rouge

Retrieved on: 
Tuesday, May 17, 2022

Halstatt Real Estate Partners , a real estate private equity firm, today announced the sale of The Legacy at Baton Rouge (The Legacy), a purpose-built student housing complex located near Louisiana State University (LSU).

Key Points: 
  • Halstatt Real Estate Partners , a real estate private equity firm, today announced the sale of The Legacy at Baton Rouge (The Legacy), a purpose-built student housing complex located near Louisiana State University (LSU).
  • The Legacy provided an attractive opportunity to acquire a well amenitized, affordable, and purpose-built student housing community within a high-growth market, said Peggy Lamb , principal, Halstatt Real Estate Partners.
  • Halstatt Real Estate Partners identifies value add and opportunistic real estate projects throughout Florida, the Southeast, and Texas.
  • Halstatt Real Estate Partners (HREP), a women-owned real estate private equity firm, has participated in the acquisition and development of over $1 billion in Southeast based real estate assets since 2011.

Cetera Welcomes $300 Million Skafco Team

Retrieved on: 
Tuesday, May 10, 2022

LOS ANGELES, May 10, 2022 /PRNewswire/ -- Cetera Financial Group, one of America's largest networks of financial professionals, announced today that Skafco, a financial planning team that manages approximately $300 million, has affiliated with Cetera. Led by industry veteran financial professionals Rod Skaf, CFP®, and Wayne Niles, the team joins Cetera from Mass Mutual and is based in Dublin, OH. Skafco is affiliating with Cetera's branch community, Cetera Investors, which was formed through a 2019 acquisition and has posted exponential growth in less than three years.

Key Points: 
  • LOS ANGELES, May 10, 2022 /PRNewswire/ -- Cetera Financial Group , one of America's largest networks of financial professionals, announced today that Skafco, a financial planning team that manages approximately $300 million, has affiliated with Cetera.
  • We are energized about our future and the Cetera branch community culture, and are proud to call Cetera home."
  • "We welcome the Skafco team to Cetera and look forward to collaborating to offer our Advice-Centric Experience to clients, helping them achieve their version of financial wellbeing," said LeAnn Rummel, president and CEO of Cetera Investment Services.
  • "Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA/SIPC.

Plaquemine Woman Hospitalized due to Chlorine Gas Leak Files First Injury Lawsuit

Retrieved on: 
Wednesday, May 4, 2022

PLAQUEMINE, La., May 4, 2022 /PRNewswire/ -- An Iberville Parish resident who was hospitalized with severe chemical exposure reactions has filed the first injury lawsuit relating to a chlorine gas leak on April 18, 2022. The lawsuit is against the owners and operators of the Olin Chlor Alkali plant at the Dow Chemical facility in Plaquemine, located 15 miles south of downtown Baton Rouge.  

Key Points: 
  • PLAQUEMINE, La., May 4, 2022 /PRNewswire/ -- An Iberville Parish resident who was hospitalized with severe chemical exposure reactions has filed the first injury lawsuit relating to a chlorine gas leak on April 18, 2022.
  • Local officials later issued shelter-in-place orders to residents after the leak was reported, but Ms. Spriggs had already been exposed, according to the lawsuit.
  • In addition to Ms. Spriggs, more than 35 other nearby residents were reportedly hospitalized due to the leak.
  • The Potts Law Firm already represents more than 100 Plaquemine residents injured due to chemical exposure from the incident.

Cetera Adds Industry Veteran To Business Development Team

Retrieved on: 
Wednesday, April 27, 2022

LOS ANGELES, April 27, 2022 /PRNewswire/ -- Cetera Financial Group, one of America's largest networks of financial professionals, announced today that industry veteran Steve Dripchak has joined its business development team. Dripchak will serve as a senior recruiter in the mid-Atlantic region, where he will cover New Jersey, Pennsylvania and Ohio. He joins Cetera from Securities America, where he held a business development leadership role for nearly 10 years as part of his extensive financial services career.

Key Points: 
  • Steve Dripchak joins Cetera's growing business development team, which landed several key affiliations in first quarter 2022
    LOS ANGELES, April 27, 2022 /PRNewswire/ -- Cetera Financial Group , one of America's largest networks of financial professionals, announced today that industry veteran Steve Dripchak has joined its business development team.
  • "Steve's unique background and skillset make him an excellent addition that bolsters our already-powerful team," said John Pierce, head of business development at Cetera.
  • In February, Cetera announced it bolstered its business development team with several key hires , adding four sourcing and engagement specialists, two senior business development specialists, and two internal business development specialists.
  • "Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA/SIPC.