Hollywood Casino at Penn National Race Course

FTC Solar Announces Third Quarter 2023 Financial Results and Leadership Transition

Retrieved on: 
Wednesday, November 8, 2023

AUSTIN, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced financial results for the third quarter ended September 30, 2023, as well as a leadership transition in which Sean Hunkler and Phelps Morris have departed their roles as CEO and CFO, respectively, and will be leaving the company in December 2023.

Key Points: 
  • With a healthy and profitable tracker market, it’s time for FTC’s results to reflect its improved positioning with healthy, profitable growth.
  • As the Board evaluated opportunities to accelerate momentum, we’ve agreed that now is the right time to bring new leadership to FTC Solar as we enter our next phase of growth and execution.
  • Behnen has more than 20 years of financial leadership experience, including serving as CFO and VP of Finance at Penn National Gaming Hollywood Casino San Diego prior to joining FTC Solar.
  • Approximately $60 million has been added to backlog1 since August 9, with total backlog now standing at approximately $1.6 billion.

AM Best Upgrades Credit Ratings of Members of Penn National Insurance Companies

Retrieved on: 
Thursday, October 26, 2023

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Pennsylvania National Mutual Casualty Insurance Company (Penn Mutual), its subsidiaries, Penn National Security Insurance Company and Founders Insurance Company, and its mutual company affiliate, Partners Mutual Insurance Company (Waukesha, WI), collectively referred to as Penn National Insurance Companies (Penn National).

Key Points: 
  • AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Pennsylvania National Mutual Casualty Insurance Company (Penn Mutual), its subsidiaries, Penn National Security Insurance Company and Founders Insurance Company, and its mutual company affiliate, Partners Mutual Insurance Company (Waukesha, WI), collectively referred to as Penn National Insurance Companies (Penn National).
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Code and Theory Debuts 'Beyond Words' Inclusive Language Guide and Certification Program

Retrieved on: 
Friday, August 25, 2023

NEW YORK, Aug. 25, 2023 /PRNewswire/ -- Code and Theory, Stagwell's (NASDAQ: STGW) fastest-growing digital transformation and engineering network, is launching "Beyond Words: A Guide to Inclusive Language." The 94-page guide equips marketers with the practical tools to choose inclusive language that will invite communities in, grow audiences and create brand love with consumers they may have failed to recognize in the past. 

Key Points: 
  • NEW YORK, Aug. 25, 2023 /PRNewswire/ -- Code and Theory , Stagwell's (NASDAQ: STGW) fastest-growing digital transformation and engineering network, is launching "Beyond Words: A Guide to Inclusive Language."
  • That's why this new guide updates the highly recognized first-edition "Words Up: Guide to Inclusive Writing at Code and Theory", which debuted last year .
  • To ensure that Code and Theory employees are using the most inclusive language for client projects and beyond, the agency has introduced its "Inclusive Language Certification Program."
  • Kicking off after Labor Day, all Code and Theory employees will be offered a seven-hour, biweekly certification program.

AM Best Revises Outlooks to Positive for Penn National Insurance Companies’ Members

Retrieved on: 
Tuesday, October 25, 2022

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- (Excellent) of Pennsylvania National Mutual Casualty Insurance Company (Penn Mutual), its subsidiaries, Penn National Security Insurance Company and Founders Insurance Company, and its mutual company affiliate, Partners Mutual Insurance Company (collectively referred to as Penn National).

Key Points: 
  • AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- (Excellent) of Pennsylvania National Mutual Casualty Insurance Company (Penn Mutual), its subsidiaries, Penn National Security Insurance Company and Founders Insurance Company, and its mutual company affiliate, Partners Mutual Insurance Company (collectively referred to as Penn National).
  • Concurrently, AM Best has revised the outlook to positive from stable and affirmed the Long-Term Issue Credit Rating of bbb (Good) of $29.5 million 9.5% surplus notes due 2034, issued by Penn Mutual.
  • All companies are headquartered in Harrisburg, PA except for Partners Mutual Insurance Company, which is headquartered in Waukesha, WI.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Gaming and Leisure Properties Promotes Proven Gaming and Gaming REIT Industry Veterans to New Executive Leadership Positions

Retrieved on: 
Tuesday, October 18, 2022

WYOMISSING, Pa., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (“GLPI” or the “Company”) (NASDAQ: GLPI) today announced executive leadership promotions broadening the roles of two outstanding executives: current Executive Vice President, General Counsel and Secretary, Brandon Moore is assuming the role of Chief Operating Officer, and current Senior Vice President, Chief Accounting Officer and Treasurer, Desiree Burke has been appointed Chief Financial Officer. The Chief Operating Officer position is new at GLPI and Mr. Moore will retain his responsibilities as General Counsel and Secretary. Ms. Burke will retain her responsibilities as the Company’s Treasurer. The appointments are effective immediately. Mr. Moore and Ms. Burke will continue to report to GLPI Chairman and Chief Executive Officer, Peter Carlino.

Key Points: 
  • The Chief Operating Officer position is new at GLPI and Mr. Moore will retain his responsibilities as General Counsel and Secretary.
  • Mr. Moore and Ms. Burke will continue to report to GLPI Chairman and Chief Executive Officer, Peter Carlino.
  • Brandon and Desiree have been instrumental to GLPIs ongoing growth since we established North Americas first gaming-focused real estate investment trust, said Peter Carlino.
  • Prior to joining Penn National, Ms. Burke was Executive Vice President/Director of Financial Reporting and Control for MBNA America Bank, N.A.

InfiniteWorld Further Strengthens Executive Bench with Newly Appointed Chief Financial Officer and Chief Legal Officer

Retrieved on: 
Tuesday, September 13, 2022

Prior to joining InfiniteWorld, Williams held various financial roles at Apple for over 20 years.

Key Points: 
  • Prior to joining InfiniteWorld, Williams held various financial roles at Apple for over 20 years.
  • There are infinite possibilities when it comes to Web3 and unlocking the next human experience, said Brad Allen, CEO at InfiniteWorld.
  • Im excited to join Brad, Rick and the fantastic team at InfiniteWorld, said Dave Williams, Chief Financial Officer at InfiniteWorld.
  • Im honored to be joining the incredible team at InfiniteWorld and excited to be helping them navigate the largely uncharted waters of the Web3 ecosystem, said Rick Kwak, Chief Legal Officer at InfiniteWorld.

Choice Privileges Recognized As a Top Hotel Loyalty Program By U.S. News & World Report

Retrieved on: 
Tuesday, August 16, 2022

ROCKVILLE, Md., Aug. 16, 2022 /PRNewswire/ -- Choice Privileges, the award-winning loyalty program from Choice Hotels International, Inc.  (NYSE: CHH), has once again been recognized by U.S. News & World Report as a top hotel loyalty program, according to the publication's newly released 2022-2023 Best Hotel Rewards Program list. The latest accolade marks the sixth consecutive year Choice Privileges has been distinguished as a leader in the hotel rewards category, and highlights Choice's continued commitment to delivering exceptional value to travelers.

Key Points: 
  • ROCKVILLE, Md., Aug. 16, 2022 /PRNewswire/ -- Choice Privileges , the award-winning loyalty program from Choice Hotels International, Inc. (NYSE: CHH), has once again been recognized by U.S. News & World Report as a top hotel loyalty program, according to the publication's newly released 2022-2023 Best Hotel Rewards Program list.
  • "Member feedback has always been the driving force behind the Choice Privileges loyalty program and our recurring recognition by U.S. News & World report as an industry leader affirms the value our unique perks and rewards offers travelers."
  • The Choice Privileges loyalty rewards program has also consistently been highly ranked inUSA Today's 10Best Readers' Choice Awards list.
  • The award-winning Choice Privileges loyalty program offers members a faster way to rewards, with personalized benefits starting on day one.

USBC has Record Breaking National Conference with U.S. Secretary Pete Buttigieg, Ice Cube, Sheila Jackson Lee, Doug E. Fresh, and More

Retrieved on: 
Wednesday, July 27, 2022

WASHINGTON,  July 27, 2022 /PRNewswire-PRWeb/ -- Last week, the U.S. Black Chambers, Inc. (USBC) brought together 300+ Chamber leaders and Black business owners from across the country to Washington DC for their first in-person conference in over three years. The 2022 USBC National Conference "Learning, Connecting & Leading" was powered by Google, and held at the Marriott Marquis.

Key Points: 
  • The 2022 USBC National Conference "Learning, Connecting & Leading" was powered by Google, and held at the Marriott Marquis.
  • In addition to bringing Chamber leaders together and highlighting USBC's key programs, it was also a time to make big announcements.
  • Friday, kicked off Advocacy Day with an Armchair Conversation with U.S. Secretary of Transportation, Pete Buttigieg, moderated by USBC President Ron Busby Sr.
  • The U.S. Black Chambers (USBC) is the voice of Black business owners and a top advocate for resources and policies that impact Black business owners.

Penn National Gaming Achieves Major Milestone with Launch of theScore Bet’s Proprietary Technology Stack

Retrieved on: 
Monday, July 25, 2022

Penn National Gaming, Inc. (Nasdaq: PENN) (Penn National or the Company) is pleased to announce that its subsidiary, Score Digital Sports Ventures (Canada) Inc. (theScore Bet) has launched its proprietary risk and trading platform, the culmination of theScore Bets strategy to bring its sportsbook technology in-house.

Key Points: 
  • Penn National Gaming, Inc. (Nasdaq: PENN) (Penn National or the Company) is pleased to announce that its subsidiary, Score Digital Sports Ventures (Canada) Inc. (theScore Bet) has launched its proprietary risk and trading platform, the culmination of theScore Bets strategy to bring its sportsbook technology in-house.
  • The completion of theScore Bets technology stack is a milestone accomplishment that significantly strengthens our online betting capabilities, mobile product offerings and overall integrated media and betting ecosystem, said Jay Snowden, CEO and President, Penn National Gaming.
  • Penn National Gaming, Inc. (Nasdaq: PENN) is North Americas leading provider of integrated entertainment, sports content and casino gaming experiences.
  • theScore Bet, a wholly owned subsidiary of Penn National Gaming (Nasdaq: PENN), is a natively built mobile Sportsbook and Casino product that launched in Ontario on April 4, 2022.

Caruso Homes Celebrates Ribbon Cutting of New Pennsylvania Build On Your Lot Office

Retrieved on: 
Thursday, June 30, 2022

GETTYSBURG, Pa., June 30, 2022 /PRNewswire-PRWeb/ -- Caruso Homes, a prominent homebuilder in the Mid-Atlantic Region, announced the grand opening of their Pennsylvania office with a ribbon cutting ceremony this past Friday, June 24th at 9am. The event was coordinated with the Gettysburg Chamber of Commerce.

Key Points: 
  • GETTYSBURG, Pa., June 30, 2022 /PRNewswire-PRWeb/ -- Caruso Homes, a prominent homebuilder in the Mid-Atlantic Region, announced the grand opening of their Pennsylvania office with a ribbon cutting ceremony this past Friday, June 24th at 9am.
  • His speech intertwined historical quotes with details of Caruso Homes 36-year history and the launch of the successful On Your Lot program in South Central Pennsylvania.
  • With the Pennsylvania Build On Your Lot program, homebuyers can build a Caruso Home on a lot they currently own or an individual lot that they purchase.
  • Caruso Homes On Your Lot division specializes in providing move-in ready homes on any suitable homesite in Pennsylvania.