PRI

Primerica Household Budget Index™: Middle-Income Households Saw Improving Financial Conditions in October

Retrieved on: 
Thursday, November 30, 2023

In October 2023, the average purchasing power for middle-income households was 99.1%, up from 98.1% in September.

Key Points: 
  • In October 2023, the average purchasing power for middle-income households was 99.1%, up from 98.1% in September.
  • View the full release here: https://www.businesswire.com/news/home/20231129111859/en/
    Primerica Household Budget Index™ (HBI™) – In October 2023, the average purchasing power for middle-income households was 99.1%, up from 98.1% in September.
  • Since the baseline of January 2019, the average middle-income household has cumulatively spent around $1,095 more than budget on basic necessities.
  • For more information on the Primerica Household Budget Index, visit www.householdbudgetindex.com .

Primerica Announces $425 Million Share Repurchase Program for 2024

Retrieved on: 
Thursday, November 16, 2023

After reporting solid third quarter results, Primerica, Inc. (NYSE: PRI) today announced that its Board of Directors has authorized a $425 million share repurchase program to occur through December 31, 2024.

Key Points: 
  • After reporting solid third quarter results, Primerica, Inc. (NYSE: PRI) today announced that its Board of Directors has authorized a $425 million share repurchase program to occur through December 31, 2024.
  • Share repurchases may be made from time to time through open market transactions, block trades and/or privately negotiated transactions and are subject to market conditions, as well as corporate, regulatory, and other considerations.
  • “Our Term Life business remains a dependable and consistent source of free cash flow for the Company.
  • “The strength of the business supported the Board of Directors’ decision to once again increase the size of our share repurchase program.”
    This share repurchase program may be discontinued at any time by the Board of Directors, and the Company has no obligation to repurchase any amount of its common stock under the program.

Haymarket Media US Announces Key Leadership Transitions

Retrieved on: 
Tuesday, November 14, 2023

His proficiency in financial management, combined with his understanding of the industry’s dynamics, positions him as a valuable addition to the Haymarket Media US leadership team.

Key Points: 
  • His proficiency in financial management, combined with his understanding of the industry’s dynamics, positions him as a valuable addition to the Haymarket Media US leadership team.
  • “I am very excited and honored to join Haymarket Media, home to many iconic brands,” Borella said.
  • “We look forward to the valuable insights and leadership he will bring to our team.”
    In addition to naming a new CFO, Haymarket is announcing leadership changes within its PRIHealthcare Solutions (PRI) and Business Media Group divisions.
  • “I am confident that the collective expertise, vision, and dedication of our leadership team will continue to drive Haymarket Media’s success.”

100GROUP, the Preferred Credit Card Processor of NHRA, Fuels Motorsports Presence with Strategic Partnership and Sponsorship with Tony Stewart Racing

Retrieved on: 
Monday, December 11, 2023

MOORPARK, Calif., Dec. 11, 2023 /PRNewswire/ -- 100GROUP'S collaboration with racing legend Tony Stewart was officially unveiled at the recent PRI show in Indianapolis, Indiana, symbolizing its deep dedication to the motorsports industry. Richard Scalesse, Co-Founder and CRO at 100GROUP, continues to spearhead the dynamic expansion into the world of motorsports. This marks the beginning of a strategic partnership, with outlined plans for expansive sponsorship in the future. Scalesse shares his enthusiasm stating, "Our collaboration with Tony Stewart Racing marks a pivotal moment in our successful venture within motorsports. With NHRA's endorsement and our unwavering commitment to service, we aim to amplify our presence in motorsports by offering comprehensive support beyond payment processing."

Key Points: 
  • 100GROUP announces an exciting partnership between 100GROUP, the Preferred Credit Card Processor of NHRA, and Tony Stewart Racing (TSR).
  • This marks the beginning of a strategic partnership, with outlined plans for expansive sponsorship in the future.
  • Scalesse shares his enthusiasm stating, "Our collaboration with Tony Stewart Racing marks a pivotal moment in our successful venture within motorsports.
  • This collaboration with Tony Stewart Racing marks a strategic move to elevate 100GROUP's involvement in motorsports.

DSR Performance Launches New Line of Schumacher Crate Engines

Retrieved on: 
Thursday, December 7, 2023

INDIANAPOLIS, Dec. 7, 2023 /PRNewswire/ -- DSR Performance, founded as the performance aftermarket division of the multi-time championship-winning race team Don Schumacher Racing, is excited to introduce the all-new Schumacher Crate Engine Series.

Key Points: 
  • INDIANAPOLIS, Dec. 7, 2023 /PRNewswire/ -- DSR Performance, founded as the performance aftermarket division of the multi-time championship-winning race team Don Schumacher Racing, is excited to introduce the all-new Schumacher Crate Engine Series.
  • This premium line of crate engines is engineered, machined, and built in-house at DSR Performance's headquarters in Brownsburg, Ind.
  • The new line of Schumacher crate engines launches with the Schumacher SC, a supercharged 426 cubic inch GEN III crate engine and the Schumacher LB, a 426 cubic inch GEN III long block.
  • DSR Performance has also developed and validated performance upgrades for both Schumacher Series engines and 6.2L OEM platform, including CNC ported cylinder heads, ported supercharger, and billet crankshaft.

Maxiforce Supports Future Industry Leaders at the Performance Racing Industry Show

Retrieved on: 
Thursday, December 7, 2023

INDIANAPOLIS, Dec. 7, 2023 /PRNewswire-PRWeb/ -- Maxiforce, a prominent name in the aftermarket diesel engine parts industry, is proud to announce its community involvement initiative at this year's Performance Racing Industry (PRI) Show. In a significant step towards nurturing future talent, Maxiforce will be hosting two promising students from the University of Northwestern Ohio, Diesel Division – Eli Smolek and Colby Price – at their booth #5519 from December 7-9, 2023.

Key Points: 
  • Maxiforce demonstrates its commitment to nurturing future industry talent by hosting two students from the University of Northwestern Ohio at the Performance Racing Industry Show, December 7-9, 2023.
  • INDIANAPOLIS, Dec. 7, 2023 /PRNewswire-PRWeb/ -- Maxiforce , a prominent name in the aftermarket diesel engine parts industry, is proud to announce its community involvement initiative at this year's Performance Racing Industry (PRI) Show .
  • Investing in the future of our industry is a priority for us at Maxiforce.
  • "Investing in the future of our industry is a priority for us at Maxiforce.

Maxiforce to Exhibit at the 2023 Performance Racing Industry Show

Retrieved on: 
Wednesday, December 6, 2023

INDIANAPOLIS, Dec. 6, 2023 /PRNewswire-PRWeb/ -- Maxiforce, a leader in the aftermarket manufacturing and distribution of diesel engine parts, is excited to announce its participation in the Performance Racing Industry (PRI) Show. This premier event for the motorsports industry will be held from December 7-9, 2023, at the Indiana Convention Center, where Maxiforce will be prominently featured at booth #5519.

Key Points: 
  • Maxiforce announces its participation in the Performance Racing Industry Show, showcasing its innovative diesel engine parts at the Indiana Convention Center from December 7-9, 2023.
  • INDIANAPOLIS, Dec. 6, 2023 /PRNewswire-PRWeb/ -- Maxiforce , a leader in the aftermarket manufacturing and distribution of diesel engine parts, is excited to announce its participation in the Performance Racing Industry (PRI) Show .
  • This premier event for the motorsports industry will be held from December 7-9, 2023, at the Indiana Convention Center, where Maxiforce will be prominently featured at booth #5519.
  • Maxiforce's presence at the show underscores its commitment to staying at the forefront of innovation in the racing industry.

CTEK Returns To PRI Show In Indianapolis

Retrieved on: 
Wednesday, December 6, 2023

CHICAGO, Dec. 6, 2023 /PRNewswire/ -- CTEK, a leading global brand in battery management solutions, will return to the Performance Racing Industry (PRI) Show in Indianapolis this week in booth #4506. Following the success of exhibiting in 2022, CTEK will once again display its performance products at the PRI Show, the premier motorsports trade show.

Key Points: 
  • CHICAGO, Dec. 6, 2023 /PRNewswire/ -- CTEK , a leading global brand in battery management solutions, will return to the Performance Racing Industry (PRI) Show in Indianapolis this week in booth #4506.
  • Following the success of exhibiting in 2022, CTEK will once again display its performance products at the PRI Show, the premier motorsports trade show.
  • "CTEK products can alleviate the worry of race teams by keeping their race cars and powersport vehicles running."
  • "We were thrilled with the amount of interest in CTEK at the PRI Show in 2022," said DuMelle.

Chipoys and Menards Ignite Passion for Flavors and Racing with NHRA Star Justin Ashley

Retrieved on: 
Monday, December 4, 2023

Justin Ashley, fresh from another Top Five finish in the NHRA Camping World Drag Racing Series and the 2020 Rookie of the Year, will start the Performance Racing Industry (PRI) Show with an appearance at Menards – a long-time supporter of the Phillips Connect Toyota team driver.

Key Points: 
  • Justin Ashley, fresh from another Top Five finish in the NHRA Camping World Drag Racing Series and the 2020 Rookie of the Year, will start the Performance Racing Industry (PRI) Show with an appearance at Menards – a long-time supporter of the Phillips Connect Toyota team driver.
  • This event is a celebration of the successful addition of Chipoys' bold and authentic snacks to Menards' offerings, showcasing our shared dedication to excellence, community engagement, and the spirit of the NHRA.
  • Chipoys invites fans and flavor enthusiasts to live loudly with us at this special event.
  • Join us to celebrate the synergy of excitement, flavor, and speed that only Chipoys, Menards, and NHRA can deliver together.

New Book: Latin America's Experience Shows How Markets Can Help Urban America Overcome Government-Created Problems

Retrieved on: 
Monday, November 13, 2023

The book builds upon the experiences of Beyer, the founder and editor of the Market Urbanist, traveling through Latin America exploring how market urbanism -- or private-sector actions that create organic growth and voluntary exchange within cities -- works in developing countries. It offers lessons from the cities visited on his trip that should be studied by urban centers in the U.S.

Key Points: 
  • "For all its high-level socialism, Latin America is in many ways a place where it's easier to own a home, start a business, or move as you choose," said Scott Beyer, the author of "Latin America's Urban Experience."
  • "California shouldn't copy everything about Latin America -- especially the socialism that is built into its political history and fabric.
  • But state policymakers would do well to learn from the best aspects of Latin America's urban policy."
  • PRI's Free Cities Center cultivates innovative ideas to improve urban life based around freedom and property rights -- not government.