New York Life Insurance Company

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for February

Retrieved on: 
Monday, January 23, 2023
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First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on February 15, 2023, to shareholders of record as of February 2, 2023.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on February 15, 2023, to shareholders of record as of February 2, 2023.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

Retired NFL Linebacker, Green Bay Packers, John L. Pointer, Sr., Inks Development Deal with Producer Justin O. Cooper, CEO of LA-Based JOCMedia & Entertainment and North American Liaison to The Royal Film Commission - Jordan

Retrieved on: 
Tuesday, February 7, 2023
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LOS ANGELES, Feb. 7, 2023 /PRNewswire/ -- John Pointer, Sr., a Forbes Coaches Council member and a retired professional football player in both the National Football League (NFL) and the Canadian Football League (CFL), signs a television development and shopping deal with Justin O. Cooper, CEO and creative producer of Los Angeles-based JOCMedia & Entertainment and North American Liaison to the Royal Film Commission - Jordan.

Key Points: 
  • It also follows his feature film, "Cirilo: A Noble Man," in development with Grammy award-winning singer/actress Ann Nesby ("Queen Sugar," "The Fighting Temptations") attached.
  • "In the spirit of the film 'Erin Brockovich,' I felt it's a story that needs to be told," he adds.
  • Additionally, Cooper consults with The Royal Film Commission - Jordan where he promotes the Middle Eastern Kingdom's film incentive program and its locations globally.
  • Kevin Doherty of the Dickinson Wright Law Firm represents Pointer, and Monica Harris of Falcon Media Consulting legally represents Cooper.

J.P. Morgan Asset Management Appoints Michael Conrath as Chief Retirement Strategist

Retrieved on: 
Tuesday, January 31, 2023
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NEW YORK, Jan. 31, 2023 /PRNewswire/ -- J.P. Morgan Asset Management today announced the appointment of Michael Conrath as Chief Retirement Strategist, commencing February 1. In the role, Michael will define the firm's retirement research agenda and lead the Retirement Insights team, which serves as the engine for J.P. Morgan Asset Management's market-leading research, leveraging JPMorgan Chase's unique access to spending and saving data to improve retirement outcomes for all Americans. Based in New York, Michael will report to Dan Oldroyd, Portfolio Manager and Head of Target Date Strategies, J.P. Morgan Asset Management.

Key Points: 
  • NEW YORK, Jan. 31, 2023 /PRNewswire/ -- J.P. Morgan Asset Management today announced the appointment of Michael Conrath as Chief Retirement Strategist, commencing February 1.
  • In the role, Michael will define the firm's retirement research agenda and lead the Retirement Insights team, which serves as the engine for J.P. Morgan Asset Management's market-leading research, leveraging JPMorgan Chase's unique access to spending and saving data to improve retirement outcomes for all Americans.
  • Based in New York, Michael will report to Dan Oldroyd, Portfolio Manager and Head of Target Date Strategies, J.P. Morgan Asset Management.
  • "As one of the industry's foremost retirement providers, J.P. Morgan Asset Management continues to differentiate itself through data-fueled research, insights and thought leadership," said Dan Oldroyd, Portfolio Manager and Head of Target Date Strategies, J.P. Morgan Asset Management.

New York Life Wealth Watch 2023 Outlook: 1-in-3 Individuals Hopeful About Finances in 2023, Despite Inflation, Recession Concerns

Retrieved on: 
Wednesday, January 18, 2023
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Still, inflation continues to be a top concern for 68% of adults, followed by a potential recession (36%) and rising interest rates (29%).

Key Points: 
  • Still, inflation continues to be a top concern for 68% of adults, followed by a potential recession (36%) and rising interest rates (29%).
  • However, women (44%) and Gen Xers (45%) are more likely to feel less prepared for retirement than other demographic groups.
  • On average, adults aimed to save an average of $5,437 in 2022, while actually saving slightly less: $5,011 on average.
  • Inflation (68%) and a potential recession (36%) are the top concerns adults have that could impact their finances in 2023.

New York Life Chief Executive Officer and President Craig DeSanto to Become Chair of the Board

Retrieved on: 
Tuesday, January 17, 2023
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New York Life, America’s largest1 mutual life insurer, today announced that the company’s Board of Directors has elected Chief Executive Officer (CEO) and President Craig DeSanto as the next Chair of the Board, effective April 15, 2023.

Key Points: 
  • New York Life, America’s largest1 mutual life insurer, today announced that the company’s Board of Directors has elected Chief Executive Officer (CEO) and President Craig DeSanto as the next Chair of the Board, effective April 15, 2023.
  • Mr. DeSanto, who will be the company’s 14th Chair since the position was established in 1931, will succeed current Chair Ted Mathas who retired as New York Life’s CEO last year after serving in the role for 14 years.
  • Mr. DeSanto assumed New York Life’s CEO position on April 16, 2022 and has served as a member of the company’s Board of Directors since February 2021.
  • “I am honored to serve our policy owners as New York Life’s next Chair and to succeed Ted, who set a powerful example for what it means to be an unwavering steward of our company,” said Mr. DeSanto.

Merchants & Marine Bank Taps Trammell for Chief Operations Officer Post

Retrieved on: 
Thursday, January 5, 2023
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The Board of Directors of Merchants & Marine Bank, a wholly owned subsidiary of Merchants & Marine Bancorp, is pleased to announce the promotion of Jeff Trammell to the position of Chief Operations Officer (COO).

Key Points: 
  • The Board of Directors of Merchants & Marine Bank, a wholly owned subsidiary of Merchants & Marine Bancorp, is pleased to announce the promotion of Jeff Trammell to the position of Chief Operations Officer (COO).
  • Trammell joined Merchants & Marine Bank’s executive leadership team in 2019, taking the role of Chief Risk & Strategy Officer.
  • Just prior to joining Merchants & Marine Bank, Trammell served as a Supervisory Examiner at the Mississippi Department of Banking and Consumer Finance.
  • Prior to leading teams at state-level bank regulators, Trammell served as a Compliance Officer at Business First Bank in Baton Rouge.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for January

Retrieved on: 
Tuesday, December 20, 2022
Professional Services, Finance, Government, Terrorism, Fraud, ERISA, FINRA, New York Stock Exchange, Mackay, FTP, COVID-19, Movement, Judgement, FSD, Risk, LIBOR, Internal Revenue Code section 409A, Disease, Security (finance), NYSE, Infection, AIB (NI), London Interbank Bid Rate, Uncertainty, Investment, Hedge fund, Internal Revenue Code, FTA, United Kingdom, New York Life Insurance Company, Financial Conduct Authority, Loss, Vaccine, Fund, Renewable energy, Life insurance, Financial adviser, Financial services, Bank, Public utility

First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on January 17, 2023, to shareholders of record as of January 4, 2023.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on January 17, 2023, to shareholders of record as of January 4, 2023.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

Daktronics, Inc. expands board of directors to eight members and appoints new director

Retrieved on: 
Wednesday, December 7, 2022
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BROOKINGS, S.D., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today announced the expansion of its Board of Directors to eight members and the appointment of Howard I. Atkins as the eighth director.

Key Points: 
  • BROOKINGS, S.D., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today announced the expansion of its Board of Directors to eight members and the appointment of Howard I. Atkins as the eighth director.
  • Andrew Siegel stated, “The Board conducted a comprehensive search and recruitment effort, and I am pleased that it resulted in the selection of Howard.
  • Howard’s extensive expertise and experience, especially in strategic development, margin improvement, and financing, further enhances the Board’s mix of perspectives.
  • In addition, Mr. Atkins served as a Director for Occidental Petroleum Corporation from 2010-2019 and for Ingram Micro from 2004-2017.

New York Life Foundation’s Second Annual State of Grief Report Reveals 68 Percent of Americans Would Welcome More Open Dialogue around Grief

Retrieved on: 
Wednesday, December 14, 2022
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Despite this fatigue, 78 percent think more can be done to increase awareness of grief support services, and 68 percent would like a more open dialogue around grief in the U.S.

Key Points: 
  • Despite this fatigue, 78 percent think more can be done to increase awareness of grief support services, and 68 percent would like a more open dialogue around grief in the U.S.
  • By comparison, only 55 percent of adults said theyre comfortable having conversations about personal finance matters, for instance.
  • In response, the New York Life Foundation is in the process of expanding its Grief-Sensitive Schools Initiative to the after-school space.
  • The 2022 State of Grief Report, which also features insights from the New York Life Foundations extensive network of bereavement experts, is available here .

AM Best Affirms Credit Ratings of Subsidiaries of CUNA Mutual Holding Company

Retrieved on: 
Friday, December 9, 2022
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Both companies are life/health subsidiaries of CUNA Mutual Holding Company (CUNA Mutual) and collectively referred to as CMFG Life Group.

Key Points: 
  • Both companies are life/health subsidiaries of CUNA Mutual Holding Company (CUNA Mutual) and collectively referred to as CMFG Life Group.
  • These companies are property/casualty subsidiaries of CUNA Mutual and collectively referred to as CUMIS.
  • Additionally, AM Best has affirmed the Long-Term ICR of bbb+ (Good) of TruStage Financial Group, Inc. (headquartered in Madison, WI), an intermediate holding company of CUNA Mutual.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .