Plan

CAAT Pension Plan Announces Strong Growth Results for 2023

Retrieved on: 
Thursday, April 18, 2024

The Plan continues to see growth in assets, employers, members and investment returns

Key Points: 
  • The Plan continues to see growth in assets, employers, members and investment returns
    TORONTO, April 18, 2024 /CNW/ - CAAT Pension Plan ("the Plan"), one of Canada's fastest-growing modern pension plans, is pleased to release its 2023 Annual Report and digital Year in Review, which illustrates the Plan's strength, continued growth and commitment to improving retirement income security for more Canadians.
  • New participating employers, including Canadian Nuclear Laboratories, Lakehead University, and Thunder Bay Pulp and Paper, among many others, are now offering the security of a CAAT pension to their employees.
  • The strong results of our investment, growth and funding strategies reinforce the Plan's benefit security and long-term sustainability," said Derek W. Dobson, CEO and Plan Manager, CAAT Pension Plan.
  • CAAT Pension Plan aims to provide its members with secure and stable lifetime retirement income.

WISE Trust Delivers Impressive 7.9% Return for 2023

Retrieved on: 
Thursday, April 18, 2024

TORONTO, April 18, 2024 /CNW/ - In an environment of economic uncertainty, WISE Trust has demonstrated its value to members and security of benefits by achieving a 7.9% net return on investments for the fiscal year 2023.

Key Points: 
  • TORONTO, April 18, 2024 /CNW/ - In an environment of economic uncertainty, WISE Trust has demonstrated its value to members and security of benefits by achieving a 7.9% net return on investments for the fiscal year 2023.
  • The 2023 return not only underscores the organization's robust investment strategies but also reaffirms the value of WISE Trust's partnership with Investment Management Corporation of Ontario (IMCO), the Plan's exclusive investment manager.
  • "We are thrilled to announce a 7.9% return on portfolio investments for 2023," said Christopher Brown, WISE Trust CEO.
  • Further Mr. Brown added, "At WISE Trust we understand the importance of providing reliable and consistent returns to secure the benefits of our Plan members.

CIRO Releases Three-Year Strategic Plan

Retrieved on: 
Thursday, April 11, 2024

TORONTO, April 11, 2024 /CNW/ - The Canadian Investment Regulatory Organization (CIRO) released its inaugural three-year Strategic Plan outlining areas the public interest regulator will focus on to promote healthy capital markets, so investors feel protected and confident investing for their futures.

Key Points: 
  • TORONTO, April 11, 2024 /CNW/ - The Canadian Investment Regulatory Organization (CIRO) released its inaugural three-year Strategic Plan outlining areas the public interest regulator will focus on to promote healthy capital markets, so investors feel protected and confident investing for their futures.
  • "The Strategic Plan acknowledges the industry's significant transformation, influenced by the evolving needs of Canadians and technological innovation," said Andrew J. Kriegler, President and CEO, CIRO.
  • The work of the Strategic Plan is grounded in CIRO's new Vision, Mission and Values which were developed as part of the Strategic Planning process.
  • The Strategic Plan covers the period of April 1, 2024, to March 31, 2027, and has six strategic objectives that will help CIRO deliver on the promise of the benefits of an amalgamation between two legacy self-regulatory organizations.

RM plc: Final Results

Retrieved on: 
Wednesday, April 10, 2024

RM plc (‘RM’), a leading global educational technology (‘EdTech’), digital learning and assessment solution provider, reports its full year results for the year ended 30 November 2023 and outlines its new strategic development programme following a fundamental review of the business by its newly established leadership team.

Key Points: 
  • RM plc (‘RM’), a leading global educational technology (‘EdTech’), digital learning and assessment solution provider, reports its full year results for the year ended 30 November 2023 and outlines its new strategic development programme following a fundamental review of the business by its newly established leadership team.
  • Strategic Portfolio Roadmap of RM developed IP, products and solutions delivered to accreditors, educators and directly to learners for adjacent solutions.
  • Continuing operations excludes the results of the RM Integris and RM Finance businesses which were sold on 31 May 2023 and have been included in discontinued operations.
  • Plans to further simplify group, de-leverage, return to growth, and enrich the RM products and solutions to greater profitability.

GBSB Global Business School Announces the Appointment of the New Head of Institution and President

Retrieved on: 
Thursday, March 21, 2024

Dr. Wiktor Patena assumes the executive leadership of GBSB Global, ushering in a new era of educational excellence

Key Points: 
  • Madrid, Spain--(Newsfile Corp. - March 21, 2024) - GBSB Global Business School (GBSB Global), a leading European and internationally accredited higher education institution, appoints Dr. Wiktor Patena to be the new Head of Institution and President.
  • To view an enhanced version of this graphic, please visit:
    "GBSB Global is recognized as one of the best business schools in Spain, Europe, and the world.
  • The prestigious 2024 QS Global MBA and Master's Rankings has highly rated several GBSB Global Business School programs, placing them among the top 10 in Spain and the top 250 worldwide.
  • Under the leadership of Wiktor Patena, GBSB Global Business School will continue to expand its academic offerings to international students through continuous programs innovation, entrepreneurship and Erasmus+ opportunities, and collaborations with universities worldwide.

Eagle Shareholders Approve Merger With Star Bulk

Retrieved on: 
Friday, April 5, 2024

STAMFORD, Conn., April 05, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle” or the “Company”) today announced that its shareholders voted in favor of (1) a proposal to approve and authorize the previously announced Agreement and Plan of Merger, dated December 11, 2023 (the “Merger Agreement”), entered into by and among Star Bulk Carriers Corp. (“Star Bulk”), Star Infinity Corp. (“Merger Sub”) and the Company and the merger contemplated thereby (the “Merger Proposal”) and (2) a proposal to authorize and approve the issuance of shares of the Company’s common stock, $0.01 par value per share (the “Common Stock”), issuable upon the potential future conversion of the Company’s 5.00% Convertible Senior Notes due 2024 in excess of the conversion share cap set forth in the Indenture, dated as of July 29, 2019, between the Company and Deutsche Bank Trust Company Americas (the “Convertible Note Share Issuance Proposal”) at its special meeting of shareholders (the “Special Meeting”) held earlier today.

Key Points: 
  • STAMFORD, Conn., April 05, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle” or the “Company”) today announced that its shareholders voted in favor of (1) a proposal to approve and authorize the previously announced Agreement and Plan of Merger, dated December 11, 2023 (the “Merger Agreement”), entered into by and among Star Bulk Carriers Corp. (“Star Bulk”), Star Infinity Corp. (“Merger Sub”) and the Company and the merger contemplated thereby (the “Merger Proposal”) and (2) a proposal to authorize and approve the issuance of shares of the Company’s common stock, $0.01 par value per share (the “Common Stock”), issuable upon the potential future conversion of the Company’s 5.00% Convertible Senior Notes due 2024 in excess of the conversion share cap set forth in the Indenture, dated as of July 29, 2019, between the Company and Deutsche Bank Trust Company Americas (the “Convertible Note Share Issuance Proposal”) at its special meeting of shareholders (the “Special Meeting”) held earlier today.
  • At the Special Meeting, approximately 65% of the Company’s outstanding shares (approximately 99% of the shares of Common Stock present at the Special Meeting) were voted in favor of the Merger Proposal and approximately 96% of the votes cast were voted in favor of the Convertible Note Share Issuance Proposal.
  • Under the terms of the Merger Agreement, at the effective time, each share of the Common Stock issued and outstanding immediately prior to the effective time (excluding Common Stock owned by Eagle, Star Bulk, Merger Sub or any of their respective direct or indirect wholly owned subsidiaries) will be cancelled in exchange for the right to receive 2.6211 shares of common stock of Star Bulk, par value $0.01 per share, and any cash payable in respect of fractional shares.
  • The Company now expects to complete the merger on or about April 9, 2024, subject to the satisfaction of the remaining closing conditions.

Nogin Announces Confirmation of Restructuring Plan

Retrieved on: 
Wednesday, April 3, 2024

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Nogin , a pioneer in Commerce-as-a-Service (CaaS) e-commerce technology and services, today announced that the United States Bankruptcy Court for the District of Delaware has confirmed its Chapter 11 Plan (the “Plan”) clearing the path for the company to successfully complete its financial restructuring.

Key Points: 
  • NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Nogin , a pioneer in Commerce-as-a-Service (CaaS) e-commerce technology and services, today announced that the United States Bankruptcy Court for the District of Delaware has confirmed its Chapter 11 Plan (the “Plan”) clearing the path for the company to successfully complete its financial restructuring.
  • Under the Plan, Nogin’s reorganized equity interests will be acquired by a newly formed entity sponsored by B. Riley Financial, Inc. (“B.
  • Riley”), and Nogin will continue to operate in the ordinary course.
  • served as bankruptcy counsel, Portage Point Partners provided interim restructuring and management services and Livingstone Partners LLC acted as investment banker to Nogin in its restructuring.

TC Energy appoints Sean O’Donnell as Executive Vice-President and Chief Financial Officer

Retrieved on: 
Wednesday, April 3, 2024

The appointment of Mr. O’Donnell follows Mr. Hunter’s decision to leave the Company to pursue another opportunity in the energy sector.

Key Points: 
  • The appointment of Mr. O’Donnell follows Mr. Hunter’s decision to leave the Company to pursue another opportunity in the energy sector.
  • “Throughout his over 26 years with the Company, Joel has been a valued member of the TC Energy team, and a distinguished contributor to our success.
  • We wish Joel all the best in his next opportunity,” said François Poirier, President and Chief Executive Officer.
  • He also served as the Chief Financial Officer of Quantum’s first US independent power company and of the firm’s LNG export facility in Mexico.

DIGITAL ALLY, INC ANNOUNCES 2023 OPERATING RESULTS

Retrieved on: 
Tuesday, April 2, 2024

LENEXA, Kansas, April 02, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for fiscal year 2023.

Key Points: 
  • LENEXA, Kansas, April 02, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for fiscal year 2023.
  • Operating losses for the year ended December 31, 2023 and 2022 were $22,240,553 and $29,733,258, respectively, a decrease of $7,492,705 (25%).
  • Operating loss as a percentage of revenues improved to 78% in 2023 from 80% in 2022.
  • The Company will host an investor conference call at 11:15 a.m. EDT on Tuesday, April 2, 2023, to discuss its 2023 financial results, corporate and individual subsidiary outlook, and previously announced corporate separation.

Global Human Capital Management (HCM) Market Expected to Reach $63.14 Billion By 2032

Retrieved on: 
Tuesday, April 2, 2024

Human Capital Management (HCM) is a collection of HR systems, tools, and practices used to recruit, attract, develop, train, retain, and manage employees to achieve business goals.

Key Points: 
  • Human Capital Management (HCM) is a collection of HR systems, tools, and practices used to recruit, attract, develop, train, retain, and manage employees to achieve business goals.
  • The market growth is expected to be driven by the demand for people and performance management solutions.
  • A report from Fortune Business Insights projected that the global Human Capital Management (HCM) market size, which was valued at USD 28.86 billion in 2023 is projected to grow from USD 31.34 billion in 2024 to USD 63.14 billion by 2032, exhibiting a CAGR of 9.1% during the forecast period.
  • Many businesses are transitioning from traditional human capital management systems to cloud-based solutions to save on infrastructure and maintenance expenses.