Lincoln

Auto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth Markets

Retrieved on: 
Tuesday, April 9, 2024
Consulting, EV, Electric Vehicles, Automotive, Professional Services, Business, Marketing, Advertising, Communications, Other Automotive, General Automotive, Finance, Lincoln, Volvo, Face, Growth, Asbury Automotive Group, Original equipment manufacturer, Big Three (automobile manufacturers), Partnership, Risk, Multiple, Kerrigan, Sale, Acquisition, Ford, ICE, BMW, OEM, Toyota Financial Services, Population growth, Car dealership

The auto dealership buy/sell market’s outperformance relative to the broader corporate M&A market is, according to the report, a result of its distinctly private structure.

Key Points: 
  • The auto dealership buy/sell market’s outperformance relative to the broader corporate M&A market is, according to the report, a result of its distinctly private structure.
  • “When earnings soared in 2021, buyers correctly projected that pandemic earnings were unsustainable and normalized earnings for valuation purposes.
  • The public dealership groups acquired 61 franchises for $2.7 billion in 2023, the second highest US acquisition spending level on record.
  • The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail.

WrestleMania XL Becomes Most Successful Event in WWE History

Retrieved on: 
Tuesday, April 9, 2024
Sports, Events, Concerts, Entertainment, TV and Radio, Wrestling, Lincoln, WrestleMania XL, Partnership, TKO, Wells Fargo Center, WrestleMania 39, NXT, Roman Reigns, FAN, WrestleMania, Energy drink, Fanaticism, Stand and Deliver, Lincoln Financial Field

WWE®, part of TKO Group Holdings (NYSE: TKO), today announced that WrestleMania XL became the most successful and highest-grossing event in company history.

Key Points: 
  • WWE®, part of TKO Group Holdings (NYSE: TKO), today announced that WrestleMania XL became the most successful and highest-grossing event in company history.
  • GATE: WrestleMania XL broke the previous record set by WrestleMania 39 by 78 percent, with 145,298 in attendance at Lincoln Financial Field over two nights.
  • FAN EVENT: WWE World at WrestleMania, in partnership with Fanatics Events, is now the highest-grossing and most-attended fan event in company history.
  • SOCIAL: WrestleMania XL became the most socially viewed WrestleMania of all time, with over 660 million views consumed over the two days.

Chris Auffenberg Family of Dealerships Carries the Stylish, Powerful 2024 Lincoln Nautilus SUVs in Its Inventory

Retrieved on: 
Friday, April 5, 2024
Lincoln, Koutetsu no Kishi, Environment, SUV, Nautilus, Lincoln MKX, Intelligence, Turbocharger, Torque, Multimedia, UCI race classifications, Car dealership

WASHINGTON, Mo., April 5, 2024 /PRNewswire-PRWeb/ -- The Chris Auffenberg Family of Dealerships proudly announces the arrival of the highly anticipated 2024 Lincoln Nautilus, setting a new standard for luxury SUVs in Washington, Missouri. Combining exquisite design, advanced technology and high-end capability, the latest Lincoln Nautilus is poised to elevate driving experiences.

Key Points: 
  • Customers near Washington, Missouri, who want to purchase the latest 2024 Lincoln Nautilus SUVs can do so at the Chris Auffenberg Family of Dealerships.
  • WASHINGTON, Mo., April 5, 2024 /PRNewswire-PRWeb/ -- The Chris Auffenberg Family of Dealerships proudly announces the arrival of the highly anticipated 2024 Lincoln Nautilus , setting a new standard for luxury SUVs in Washington, Missouri.
  • Crafted with meticulous attention to detail, the 2024 Lincoln Nautilus captivates with its sophisticated exterior and refined interior.
  • As a premier destination for luxury vehicles in Washington, the Chris Auffenberg Family of Dealerships offers an extensive inventory of the latest Lincoln models, including the all-new 2024 Nautilus.

Mercy Takes Steps to Build New Medical Campus in Wentzville

Retrieved on: 
Friday, April 5, 2024
Lincoln, United States Census Bureau, Letter, Interstate 70, Sister, Physician, Mackin, Patient, Pharmacy, Intuition, Travel, Hospital, Mercy Hospital St. Louis, Mercy Hospital, National Research Corporation, Medicaid, Heart, Multimedia, Interstate 64, Update, Nursing, Interstate Highway System, Feedback

Mercy intends to expand its model of affordable health care to the tri-county area in the years to come.

Key Points: 
  • Mercy intends to expand its model of affordable health care to the tri-county area in the years to come.
  • Our data shows us many Mercy patients travel, sometimes more than an hour, from Lincoln and Warren counties into St. Louis County.
  • This investment will create jobs and significantly enhance health care services in this area, positioning Wentzville as a regional destination for health care," said Wentzville Mayor Nick Guccione.
  • "We welcome Mercy to Wentzville, confident that it will help meet our growing health care needs and contribute to our area's vitality."

Lincoln Educational Services Corporation Announces Barry Morrow’s Retirement as Chair of the Board and Names John Bartholdson as Chair following the 2024 Annual Meeting of Shareholders

Retrieved on: 
Friday, March 15, 2024
Lincoln, Chair, Growth, LINC, Knowledge, Annual general meeting, Chairperson, Lincoln Tech, Retirement, Optimism, Management

PARSIPPANY, N.J., March 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that J. Barry Morrow has notified the Company’s Board of Directors of his decision not to stand for re-election at the Company’s 2024 Annual Meeting of Shareholders.

Key Points: 
  • PARSIPPANY, N.J., March 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that J. Barry Morrow has notified the Company’s Board of Directors of his decision not to stand for re-election at the Company’s 2024 Annual Meeting of Shareholders.
  • Mr. Morrow joined the Board in 2006 and currently serves as non-executive Chair of the Board.
  • The Company also announced that the Board of Directors had selected current Board member John A. Bartholdson to succeed Mr. Morrow as the next Chair of the Board following the 2024 Annual Meeting of Shareholders to be held in May.
  • Mr. Bartholdson has been a member of the Board of Directors since 2019.

Airgas High School Welding Education Initiative Expands to 65 Schools for the Class of 2024

Retrieved on: 
Thursday, April 4, 2024
Primary, Secondary, Education, Manufacturing, Training, Steel, Engineering, Machinery, Other Education, Machine Tools, Metalworking & Metallurgy, Continuing, Chemicals, Plastics, Gas, Patient, Climate, American Welding Society, Oxygen, PPE, DJSI, Welding, AWS, Safety, CAC 40, ESG, Student, Fairplex, Euronext Paris, Atmosphere of Earth, Technology Center, Business analyst, Lincoln, Growth, Nitrogen, EURO, School, Life, CAC, Hydrogen, Air Liquide, Heart, Multimedia, Tutoring

Airgas, an Air Liquide company, will welcome 65 schools into the company’s High School Welding Education Initiative for the 2024 academic year, expanding the ongoing program to help students across the country prepare to enter welding, engineering and technical careers.

Key Points: 
  • Airgas, an Air Liquide company, will welcome 65 schools into the company’s High School Welding Education Initiative for the 2024 academic year, expanding the ongoing program to help students across the country prepare to enter welding, engineering and technical careers.
  • View the full release here: https://www.businesswire.com/news/home/20240404955598/en/
    Since 2018, the Airgas High School Welding Education Initiative has assisted 117 schools, over 8,100 welding students and nearly 560 instructors across the country.
  • Since 2018, the Airgas High School Welding Education Initiative has assisted 117 schools, over 8,100 welding students and nearly 560 instructors across the country.
  • Together, we can collectively prepare job-ready welding program graduates and support the communities in which we operate.”
    Congratulations to the 2024 participating schools representing 29 states:
    Albertville City School - Albertville, AL
    Anniston High School - Anniston, AL
    Barbara Jordan High School - Houston, TX
    Barnwell County Career Center - Barnwell, SC
    Bettye Davis East Anchorage High School - Anchorage, AK
    Boone County Area Technology - Hebron, KY
    Brantley County High School - Nahunta, GA
    Buckeye Hills Career Center - Rio Grande, OH
    Carter Tech Center - Hampton, TN
    Charles Page High School - Sandspring, OK
    Charlton County High School - Folkston, GA
    Clearfield Career and Technology Center - Clearfield, PA
    Crescent City High School - Crescent City, FL
    Crisp County High School - Cordele, GA
    Douglas County High School - Castle Rock, CO
    Elba High School - Elba, AL
    Elvis J Ballew High School - Pharr, TX
    Ernest Righetti High School - Santa Maria, CA
    Father Judge High School - Philadelphia, PA
    Franklinton High School - Franklinton, NC
    Galena Park High School - Galena Park, TX
    Genesee Career Institute - Flint, Michigan
    Hamburg High School - Hamburg, AR
    Hanford West High School - Hanford, CA
    Happy Valley High School - Elizabethton, TN
    Houston County Career Academy - Dothan, AL
    Interlachen High School - Interlachen, FL
    John F. Kennedy High School - Richmond, CA
    Journey Soaring Impact - Cincinnati, OH
    Kelso High School - Kelso, WA
    Lake Arthur High School - Lake Arthur, NM
    Largo High School - Largo, FL
    Lima Senior High School - Lima, OH
    Madison Park Vocational High School - Boston, MA
    Mountain Empire Community College - Big Stone Gap, VA
    Nathan Hale High School - West Allis, WI
    Newcomb High School - Newcomb, NM
    Nipomo High School - Nipomo, CA
    North Monterey County High School - Castroville, CA
    Northlands Job Corps Center - Vergennes, VT
    Owatonna High School - Owatonna, MN
    Page High School - Page, AZ
    Paso Robles High School - Paso Robles, CA
    Randolph Technical High School - Philadelphia, PA
    Region 9 School of Applied Technology - Mexico, ME
    Riverside High School - Painesville, OH
    Roswell High School - Roswell, NM
    Rush Springs High School - Rush Springs, OK
    Scott County Career And Technical Center - Gate City, VA
    Serrano High School - Phelan, CA
    Strom Thurmond High School - Johnston, SC
    Tampa Bay Technical High School - Tampa, FL
    The Learning Centers at Fairplex, Career and Technical Education Center - Pomona, CA
    Thomson High School - Thomson, GA
    Thurston High School - Redford, MI
    Tourtelloutte Memorial High School - North Grosvernordale, CT
    Valley High School - West Des Moines, IA
    Veterans Resource Center - Dallas, TX
    Washington County Career and Tech - Abingdon, VA
    Weld Like A Girl - Yuma, AZ
    West Ridge High School - Blountville, TN
    Zion Benton High School - Zion, IL
    Airgas®, an Air Liquide company, is a leading U.S. supplier of industrial, medical and specialty gases, as well as hardgoods and related products; one of the largest U.S. suppliers of safety products; and a leading U.S. supplier of ammonia products and process chemicals.

Lincoln Financial Group Introduces Side-by-Side Pooled Employer Retirement Solutions for Businesses and Not-for-Profit Organizations

Retrieved on: 
Wednesday, April 3, 2024
Banking, Personal Finance, Professional Services, Finance, Research, Lincoln, Lincoln National Corporation, Organization, Exhibit, LNC, Envestnet, Small business, PEPS, Retirement, PEP, Bureau of Labor Statistics, Financial adviser

Lincoln Financial Group (NYSE:LNC) announces the launch of FlexPEP(k) and FlexPEP(b), comprehensive pooled employer plans (PEP) for 401(k) and 403(b) plans, respectively.

Key Points: 
  • Lincoln Financial Group (NYSE:LNC) announces the launch of FlexPEP(k) and FlexPEP(b), comprehensive pooled employer plans (PEP) for 401(k) and 403(b) plans, respectively.
  • These tailored solutions add to Lincoln’s lineup of group plan solutions totaling more than $1.3 billion in assets.
  • “We’re seeing an uptick in the adoption of group plan solutions as employers look to streamline their retirement plan administration, minimize costs and enhance fiduciary protection,” said Matt Condos, senior vice president, Retirement Plan Services Product Solutions, Lincoln Financial Group.
  • For more information about Lincoln’s full suite of retirement solutions, including OpenPEP , visit our group retirement plan pages for employers and financial professionals .

Lincoln Financial Study Finds Inflation Is the Number One Financial Concern Among Consumers of Every Generation

Retrieved on: 
Tuesday, April 2, 2024
Personal Finance, Finance, Consulting, Professional Services, Insurance, Lincoln, Millennials, Lincoln National Corporation, Tax, Education, LNC, Life, Thought, Identity theft, Infant, Fraud, Retirement, Family, Financial Literacy Month, Conditional sentence

The study revealed that inflation is the top cited financial concern (66%) among American consumers across every generation.

Key Points: 
  • The study revealed that inflation is the top cited financial concern (66%) among American consumers across every generation.
  • Despite the focus on inflation, few are taking action to combat it – even among those who work with a financial professional.
  • Only 17% of respondents who cited inflation as a concern have recently sought advice about how to address their concern.
  • “We see a clear opportunity for advisors to address consumers’ top financial concerns head on with their clients.

Lincoln Financial Group Recognized by DALBAR for Consumer Experience

Retrieved on: 
Tuesday, March 26, 2024
Professional Services, Insurance, Finance, Lincoln, Lincoln National Corporation, LNC

Lincoln Financial Group (NYSE:LNC) announced today that it has been recognized by DALBAR, Inc. , for excellence in its annuity illustrations and its life insurance website experience.

Key Points: 
  • Lincoln Financial Group (NYSE:LNC) announced today that it has been recognized by DALBAR, Inc. , for excellence in its annuity illustrations and its life insurance website experience.
  • DALBAR is a preeminent auditor of consumer experience for the financial services industry.
  • The recognition marks the fifth consecutive year that Lincoln has received DALBAR’s Award for Excellence in Annuity Illustrations, following its review of 17 illustration categories across 11 leading annuity firms.
  • “Lincoln is honored to be selected by DALBAR, an expert in the field, for our continued commitment to providing an exceptional experience for consumers and financial professionals.”

Lincoln Property Company Acquires 4-Acre Development Site in Uptown Dallas

Retrieved on: 
Wednesday, March 27, 2024
Retail, Other Construction & Property, Commercial Building & Real Estate, Lodging, Construction & Property, Travel, Food, Beverage, Lincoln, Acquisition, Life, Senior, American Airlines Center, Cedar Springs Road, Property, Restaurant, Heart, Crescent, The Ritz-Carlton Hotel Company, Katy Trail, Hotel

Lincoln Property Company ("Lincoln"), a global, full-service real estate firm , announced that it has acquired a four-acre site at 2500 Cedar Springs Road in Uptown Dallas.

Key Points: 
  • Lincoln Property Company ("Lincoln"), a global, full-service real estate firm , announced that it has acquired a four-acre site at 2500 Cedar Springs Road in Uptown Dallas.
  • ft. of food and beverage retail, as well as ample green space, on the site.
  • “This is without a doubt one of the best land sites in the country and we could not be more excited to bring another modern, Class A mixed-use development to Uptown Dallas,” said Clay Duvall , co-Chief Executive Officer, Lincoln Property Company.
  • It’s also easily accessible from many desirable Dallas neighborhoods, including the Park Cities/Preston Hollow and is a 15-minute drive to Love Field.