Principle

EQS-News: ProCredit group reaches key milestones in its comprehensive sustainability strategy in 2023 and defines further targets

Retrieved on: 
Wednesday, April 10, 2024

With the inauguration of our own “ProEnergy” solar park to the electricity grid in Kosovo in July 2023, the ProCredit group took an important step towards achieving climate neutrality.

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  • With the inauguration of our own “ProEnergy” solar park to the electricity grid in Kosovo in July 2023, the ProCredit group took an important step towards achieving climate neutrality.
  • A number of other initiatives contributed to the reduction of ProCredit’s ecological footprint in 2023 and thus reinforced the group’s sustainability strategy.
  • Furthermore, the ProCredit group was able to maintain its 100% recycling rate for paper waste and electronic waste in 2023.
  • The Impact Report Package 2023 of the ProCredit group as well as the Annual Report 2023 are available as of today on the ProCredit Holding website in the Investor Relations section at:

Aéma Groupe: FY 2023 Results

Retrieved on: 
Wednesday, April 10, 2024

Pascal Michard, Aéma Groupe Chairman of the Board of Directors, said:

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  • Pascal Michard, Aéma Groupe Chairman of the Board of Directors, said:
    "In 2023 we completed the group's structure, and confirmed our mutualist mission at the service of everyone.
  • Since 2021, Aéma Groupe has invested more than 6 billion euros in green, social and sustainable bonds, including more than 1.3 billion euros in 2023.
  • Aéma Groupe's first strategic plan, Cap 2023 "Building to conquer", established a new leading mutualist player in the French insurance market.
  • Encouraged by this successful growth, the group has announced a new strategic plan: "Aéma 2026: À vos marques!” ["Aéma 2026 : on your marks!” - the French word “Marque” means “Brand”].

POWERFLEET ANNOUNCES RESTATEMENT OF ACCOUNTING TREATMENT OF LEGACY CONVERTIBLE PREFERRED STOCK INSTRUMENT, WHICH HAS NO ADVERSE IMPACT ON PREVIOUSLY REPORTED REVENUE, CASH FLOW OR ADJUSTED EBITDA

Retrieved on: 
Friday, April 5, 2024

This will result in the restatement of its financial statements for the fiscal years ended December 31, 2021 and 2022, and for each of the interim periods during the 2022 and 2023 fiscal years.

Key Points: 
  • This will result in the restatement of its financial statements for the fiscal years ended December 31, 2021 and 2022, and for each of the interim periods during the 2022 and 2023 fiscal years.
  • In connection with the restatement, the Company expects to voluntarily revise the financial statements for the same periods to make other unrelated and immaterial revisions.
  • This action follows a comprehensive review by the Company's management and audit committee.
  • Under Nasdaq rules, Powerfleet has 60 calendar days from the date of the written notice to submit to Nasdaq a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1).

Employers Holdings, Inc. Announces Board Chair Transition

Retrieved on: 
Thursday, March 14, 2024

HENDERSON, Nev., March 14, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc., (NYSE: EIG) today announced that the chair of its Board of Directors, Michael J. McSally, will be stepping down as Board Chair.

Key Points: 
  • HENDERSON, Nev., March 14, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc., (NYSE: EIG) today announced that the chair of its Board of Directors, Michael J. McSally, will be stepping down as Board Chair.
  • The Board of Directors has unanimously elected board member Jeanne L. Mockard as the incoming Board Chair, effective March 20, 2024.
  • “Mike has been an excellent Board Chair and on behalf of the Board, I thank him for his leadership.
  • Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company and Cerity Insurance Company, all rated A- (Excellent) by the A.M. Best Company.

PortX and eXate Elevate Financial Data Security and Compliance with Strategic Partnership

Retrieved on: 
Wednesday, April 3, 2024

This groundbreaking collaboration aims to bolster financial data security and regulatory compliance across the banking sector, with a special emphasis on enhancing data protection for financial institutions' increasingly complex data ecosystems.

Key Points: 
  • This groundbreaking collaboration aims to bolster financial data security and regulatory compliance across the banking sector, with a special emphasis on enhancing data protection for financial institutions' increasingly complex data ecosystems.
  • Through this partnership, PortX will integrate eXate's Data Protection Platform into its robust IPaaS solution, offering financial institutions a powerful toolset for comprehensive data security and compliance management.
  • The eXate platform sits at the intersection of data privacy, data protection, data residency, and fine-grained access controls, protecting data at rest, data in motion, and data in use.
  • By enforcing data protection effectively, eXate ensures that financial institutions can maintain the highest standards of data security and compliance.

FINRA Fines M1 Finance $850,000 for Violations Regarding Use of Social Media Influencer Program

Retrieved on: 
Monday, March 18, 2024

This case arises from FINRA’s targeted exam of firm practices related to the acquisition of customers through social media channels and represents the first formal FINRA Enforcement disciplinary action involving a firm’s supervision of social media influencers.

Key Points: 
  • This case arises from FINRA’s targeted exam of firm practices related to the acquisition of customers through social media channels and represents the first formal FINRA Enforcement disciplinary action involving a firm’s supervision of social media influencers.
  • “As investors increasingly use social media to inform their financial decisions, FINRA’s rules on communicating with the public are especially critical.
  • M1 Finance also provided its influencers with graphics and a “Welcome Guide” that described specific services and features available through M1 Finance that influencers could highlight to make their social media posts more effective.
  • For example, an influencer advertising M1 Finance’s margin lending program stated that customers could “pay [margin loans] back at any given time .

All Eyes on Spring Training After Winter CPHD Cohort Sets New Record with The Passive House Network

Retrieved on: 
Wednesday, March 27, 2024

NEW YORK, March 27, 2024 /PRNewswire-PRWeb/ -- On April 18th, a new cohort of students will formally begin their studies in the Certified Passive House Designer (CPHD) course, hosted by the Passive House Network (PHN). They'll follow in the footsteps of this year's Winter Cohort. Nearly 60 students strong, it's the largest cohort PHN has enrolled since the organization was founded in 2011.

Key Points: 
  • Certified Passive House Designer Students Enroll in Record Numbers, learning the Principles of Passive House Design Across the Country.
  • NEW YORK, March 27, 2024 /PRNewswire-PRWeb/ -- On April 18th, a new cohort of students will formally begin their studies in the Certified Passive House Designer (CPHD) course, hosted by the Passive House Network (PHN).
  • Created for architects, engineers, consultants, developers, and policymakers, the CPHD course instructs students in the principles of Passive House design.
  • For more information on courses from the Passive House Network, visit https://passivehousenetwork.org/ or email [email protected] .

Principle LTC's Lynn M. Hood Receives Lifetime Achievement Award in McKnight's Women of Distinction Program

Retrieved on: 
Wednesday, March 13, 2024

KINSTON, N.C., March 13, 2024 /PRNewswire/ -- Principle LTC proudly announces Lynn M. Hood, CEO & President, as this year's Lifetime Achievement Award recipient in the McKnight's Women of Distinction program. Lynn's exceptional contributions to the skilled nursing facility industry over her lengthy career have earned her this prestigious recognition.

Key Points: 
  • KINSTON, N.C., March 13, 2024 /PRNewswire/ -- Principle LTC proudly announces Lynn M. Hood, CEO & President, as this year's Lifetime Achievement Award recipient in the McKnight's Women of Distinction program.
  • With a deep commitment to diversity and inclusion, Lynn champions initiatives that empower women leaders and cultivate a culture of kindness and respect.
  • Her advocacy efforts and innovative programs, such as Principle Cares and Principle Educates, underscore her dedication to the well-being of both staff and residents.
  • As Lynn receives this well-deserved honor, Principle LTC celebrates her positive legacy of leadership and looks forward to her continued impact on the future of healthcare.

Acclaimed Clinical Geneticist Dr. Bruce Korf Honored with 2024 David L. Rimoin Lifetime Achievement Award in Medical Genetics from the ACMG Foundation for Genetic and Genomic Medicine

Retrieved on: 
Wednesday, March 13, 2024

BETHESDA, Md., March 13, 2024 /PRNewswire/ -- Renowned clinical geneticist Bruce Korf, MD, PhD, FACMG, has been named the recipient of the 2024 ACMG Foundation for Genetic and Genomic Medicine's David L. Rimoin Lifetime Achievement Award in Medical Genetics.

Key Points: 
  • BETHESDA, Md., March 13, 2024 /PRNewswire/ -- Renowned clinical geneticist Bruce Korf, MD, PhD, FACMG, has been named the recipient of the 2024 ACMG Foundation for Genetic and Genomic Medicine's David L. Rimoin Lifetime Achievement Award in Medical Genetics.
  • Dr. Korf is an authentic, kind and ethical human being whose life and career in medical genetics are unparalleled."
  • "Dr. Korf's extraordinary accomplishments in clinical genetics, neurofibromatosis, and genomics, as well as his dedication to education make him a well deserving winner of the David Rimoin Lifetime Achievement Award.
  • Before he died, David appreciated the opportunity to work with Bruce first-hand in the editing of Principles and Practice of Medical Genetics as well as on numerous committees for the ACMG.

Business as usual: bank climate commitments, lending, and engagement

Retrieved on: 
Tuesday, April 2, 2024
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