Fleming Companies, Inc

Southwestern Scale Announces Expansion Into Texas

Retrieved on: 
Wednesday, February 22, 2023

The Phoenix-born business is in its 75th year of operation and has been a major player in the American Southwest scale industry for decades.

Key Points: 
  • The Phoenix-born business is in its 75th year of operation and has been a major player in the American Southwest scale industry for decades.
  • Mark Murdza, Chief Business Development Officer, said that the expansion is a significant step for SWSCALE: "Opening operations in Texas is a momentous occasion for Southwestern Scale.
  • We have invested tremendous time and effort into strengthening our business model, culture, and presence in the markets and it was time to share that with the great state of Texas."
  • On joining the business in this new capacity, Irvin remarked, "I couldn't be more excited to be part of the Southwestern Scale team as we open our new location in Fort Worth, Texas."

Southwestern Scale Announces Expansion Into Texas

Retrieved on: 
Wednesday, February 22, 2023

The Phoenix-born business is in its 75th year of operation and has been a major player in the American Southwest scale industry for decades.

Key Points: 
  • The Phoenix-born business is in its 75th year of operation and has been a major player in the American Southwest scale industry for decades.
  • Mark Murdza, Chief Business Development Officer, said that the expansion is a significant step for SWSCALE: "Opening operations in Texas is a momentous occasion for Southwestern Scale.
  • We have invested tremendous time and effort into strengthening our business model, culture, and presence in the markets and it was time to share that with the great state of Texas."
  • On joining the business in this new capacity, Irvin remarked, "I couldn't be more excited to be part of the Southwestern Scale team as we open our new location in Fort Worth, Texas."

Finance of America Issues Statement on the Proposed Sale of Commercial Lending Business

Retrieved on: 
Tuesday, February 21, 2023

Finance of America Companies Inc. (NYSE: FOA ) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from FOA Interim Chief Executive Officer Graham A. Fleming regarding the entry into an agreement for the sale of operational assets of Finance of America Commercial, a division of an FOA subsidiary that offers residential real estate investment loans, to Roc Capital Holdings LLC (“Roc360”), a vertically-integrated digital platform for residential real estate investors:

Key Points: 
  • Finance of America Companies Inc. (NYSE: FOA ) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from FOA Interim Chief Executive Officer Graham A. Fleming regarding the entry into an agreement for the sale of operational assets of Finance of America Commercial, a division of an FOA subsidiary that offers residential real estate investment loans, to Roc Capital Holdings LLC (“Roc360”), a vertically-integrated digital platform for residential real estate investors:
    “Today’s announcement is another step taken by the Company as it executes on its long-term strategy.
  • By streamlining our focus and growing our core businesses, which benefit from a shared set of demographic and economic tailwinds, FOA can more effectively dispatch our innovative suite of solutions to help Americans achieve their retirement goals through the use of home equity.”
    Credit Suisse Securities (USA) LLC acted as financial advisor to FOA.
  • For more information, please see our Current Report on Form 8-K to be filed with the Securities and Exchange Commission (the “SEC”).

Essent Enters into Agreement to Acquire Title Insurance Operations

Retrieved on: 
Thursday, February 2, 2023

Essent Group Ltd. (NYSE: ESNT) announced today that it has entered into an agreement through its subsidiary Essent US Holdings, Inc. to acquire Agents National Title Holding Company (“Agents National Title”) and Boston National Holdings LLC (“Boston National Title”) from Incenter LLC, a subsidiary of Finance of America Companies Inc. (NYSE:FOA) for $100 million.

Key Points: 
  • Essent Group Ltd. (NYSE: ESNT) announced today that it has entered into an agreement through its subsidiary Essent US Holdings, Inc. to acquire Agents National Title Holding Company (“Agents National Title”) and Boston National Holdings LLC (“Boston National Title”) from Incenter LLC, a subsidiary of Finance of America Companies Inc. (NYSE:FOA) for $100 million.
  • Agents National Title, based in Missouri, is a title insurance underwriter with 44 state licenses, and issues title insurance products through a network of title insurance agents.
  • Boston National Title is an independent title agency based in North Carolina that provides title and settlement services, with licenses in 40 states and the District of Columbia.
  • “Title insurance is a natural complement to our MI business with relatively low and stable loss ratios historically,” said Mark Casale, Chairman and Chief Executive Officer of Essent.

The Estée Lauder Companies Inc. Declares Quarterly Dividend of $.66 Per Share

Retrieved on: 
Thursday, February 2, 2023

The Estée Lauder Companies Inc. (NYSE: EL) will pay a quarterly dividend of $.66 per share on the Company’s Class A and Class B Common Stock on March 15, 2023 to stockholders of record at the close of business on February 28, 2023.

Key Points: 
  • The Estée Lauder Companies Inc. (NYSE: EL) will pay a quarterly dividend of $.66 per share on the Company’s Class A and Class B Common Stock on March 15, 2023 to stockholders of record at the close of business on February 28, 2023.
  • The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products.
  • The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD BEAUTY, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.

Finance of America Issues Statement on the Proposed Sale of Incenter’s Title Insurance Business

Retrieved on: 
Thursday, February 2, 2023

This transformation has included the decision to discontinue the operations of our forward mortgage originations segment and expand on this vision through our announcement to acquire the assets of AAG.

Key Points: 
  • This transformation has included the decision to discontinue the operations of our forward mortgage originations segment and expand on this vision through our announcement to acquire the assets of AAG.
  • Today’s transaction is part of our continued execution of this strategy which is supported by some of the industry’s most powerful macro themes.”
    Credit Suisse Securities (USA) LLC acted as financial advisor to FOA.
  • The closing of the transaction is subject to regulatory approvals.
  • For more information, please see our Current Report on Form 8-K to be filed with the Securities and Exchange Commission (the “SEC”).

Decibel Provides Preliminary Record Level Q4 2022 Results and 2023 Outlook

Retrieved on: 
Monday, February 6, 2023

CALGARY, AB, Feb. 6, 2023 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to provide preliminary unaudited fourth quarter results and 2023 financial outlook.

Key Points: 
  • CALGARY, AB, Feb. 6, 2023 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to provide preliminary unaudited fourth quarter results and 2023 financial outlook.
  • Decibel has continued its market share gains, becoming the third largest LP in Canada by market share and the fastest growing large LP with 77% growth in 2022.
  • We remained focused on developing consumer loyalty and category expansion supported through refinement of differentiation within our products.
  • Through these steps, we've grown Decibel's top and bottom line substantially, capping off the year with record level results.

The Global Digital Retail Marketing Market is expected to grow by $902.88 bn during 2022-2027, accelerating at a CAGR of 26.39% during the forecast period

Retrieved on: 
Tuesday, January 3, 2023

Key Points: 
  • This study identifies the growing shift of preference from traditional to digital retail advertising channels as one of the prime reasons driving the digital retail marketing market growth during the next few years.
  • Also, the implementation of AI in direct marketing and increased focus on personalization in marketing will lead to sizable demand in the market.
  • Also, the digital retail marketing market analysis report includes information on upcoming trends and challenges that will influence market growth.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

Patterson Companies Announces Enhancements to Executive Leadership Team

Retrieved on: 
Thursday, December 15, 2022

Patterson Companies, Inc. (Nasdaq: PDCO) today announced enhancements to its executive leadership team to further support the execution of its strategy.

Key Points: 
  • Patterson Companies, Inc. (Nasdaq: PDCO) today announced enhancements to its executive leadership team to further support the execution of its strategy.
  • These appointments best position Patterson to achieve our goals and drive long-term shareholder value through the continued execution of our strategy, said Don Zurbay, President and CEO of Patterson Companies.
  • Kevin Pohlman is a proven operator with a strong track record of performance improvement and deep experience serving customers.
  • As Chief Operating Officer, Kevin Pohlman will be focused on optimizing performance and driving efficiency across Patterson.

Patterson Companies Declares Regular Quarterly Cash Dividend

Retrieved on: 
Tuesday, December 13, 2022

On December 13, 2022, the Board of Directors of Patterson Companies, Inc. (Nasdaq: PDCO) declared a quarterly cash dividend of $0.26 per share.

Key Points: 
  • On December 13, 2022, the Board of Directors of Patterson Companies, Inc. (Nasdaq: PDCO) declared a quarterly cash dividend of $0.26 per share.
  • The dividend will be payable on, or about, February 3, 2023, to shareholders of record as of the close of business on January 20, 2023.
  • Patterson Companies Inc. (Nasdaq: PDCO) connects dental and animal health customers in North America and the U.K. to the latest products, technologies, services and innovative business solutions that enable operational and professional success.
  • Our comprehensive portfolio, distribution network and supply chain is equaled only by our dedicated, knowledgeable people who deliver unrivalled expertise and unmatched customer service and support.