July

Heartland Financial USA, Inc. (“HTLF”) Reports Quarterly and Year to Date Results as of June 30, 2023

Retrieved on: 
Monday, July 31, 2023
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DENVER, July 31, 2023 (GLOBE NEWSWIRE) -- Heartland Financial USA, Inc. (NASDAQ: HTLF) today reported the following results for the quarter ended June 30, 2023, compared to the quarter ended June 30, 2022:

Key Points: 
  • Net interest income of $299.3 million compared to $277.1 million, an increase of $22.2 million or 8%.
  • During the second quarter of 2023, Bank of Blue Valley and First Bank & Trust were consolidated into HTLF Bank.
  • The two remaining charters are expected to be consolidated by the end of October 2023.
  • Total consolidation restructuring costs are projected to be $19-$20 million with approximately $6-$7 million of expenses remaining to be incurred in 2023.

Spitfire Takes Business Connectivity to the Next Level With Full MVNO Agreement Using EE Network in Partnership With BT Wholesale

Retrieved on: 
Monday, July 3, 2023
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Spitfire Network Services Ltd (Spitfire), the award winning provider of fixed line voice, internet and wide area network services to business, has today announced a full mobile virtual network operator (MVNO) agreement with BT Wholesale.

Key Points: 
  • Spitfire Network Services Ltd (Spitfire), the award winning provider of fixed line voice, internet and wide area network services to business, has today announced a full mobile virtual network operator (MVNO) agreement with BT Wholesale.
  • Spitfire will interconnect its advanced latest generation core network with BT Group’s award-winning EE 4G and 5G Radio Access Network.
  • Spitfire is now well positioned to provide businesses with next level unified network solutions that meet its evolving connectivity needs.
  • Harry Bowlby, Managing Director, Spitfire Network Services Ltd, said: “This new agreement is extremely exciting for Spitfire.

Heartland Financial USA, Inc. ("HTLF") Reports Quarterly Results as of March 31, 2023

Retrieved on: 
Monday, April 24, 2023
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DENVER, April 24, 2023 (GLOBE NEWSWIRE) -- Heartland Financial USA, Inc. (NASDAQ: HTLF) today reported the following results for the quarter ended March 31, 2023 compared to the quarter ended March 31, 2022:

Key Points: 
  • The remaining four charters are expected to be consolidated by the end of 2023.
  • Total consolidation restructuring costs are projected to be $19-$20 million with approximately $8-$9 million of expenses remaining to be incurred in 2023.
  • The transaction is expected to be completed and recordkeeping and administration services transferred in the second quarter of 2023.
  • Management believes the non-GAAP measures are helpful for investors to analyze and evaluate the company's financial condition and operating results.

New Realtor.com® Data Highlights the Impact of Wildfire and Flood Risk on Consumer Behavior and Home Prices

Retrieved on: 
Wednesday, November 16, 2022
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SANTA CLARA, Calif., Nov. 16, 2022 /PRNewswire/ -- More than $8.8 trillion in home value is at moderate-to-high risk of wildfire and $6.5 trillion in home value is at moderate-to-high risk of flood damage over the next 30 years, according to data from Realtor.com® and First Street Foundation. As the frequency and intensity of weather events increases, it's not surprising that consumers are taking these issues into account when looking for a home. New research released today by Realtor.com® found that homebuyers generally show a preference for lower risk homes, which in turn appreciate at a slightly faster pace, and that the preference can be more pronounced in some areas of higher risk where awareness may be greater.

Key Points: 
  • Homes with a low risk of flood damage appreciate at 1.5 percentage points faster than homes with a high risk of flood damage.
  • During the last flood-related disaster season (July - Sept. 2021), the growth rate gap increased to 1.7 percentage points, suggesting that flood risk was top-of-mind for buyers.
  • Homes at low risk of wildfire appreciate at 3.7 percentage points faster than homes at high risk of wildfire.
  • "Our data shows that users have a small but consistent preference toward lower risk homes.

The NPD Group: Third Quarter 2022 US Consumer Spending on Video Game Products Decreased 5% to $12.34 Billion

Retrieved on: 
Tuesday, November 8, 2022
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PORT WASHINGTON, N.Y., Nov. 8, 2022 /PRNewswire-PRWeb/ -- According to the Q3 2022 Games Market Dynamics: U.S.* report from The NPD Group, consumer spending on video gaming in the U.S. totaled $12.34 billion in the third quarter (Q3) of 2022 (July - September), a decline of 5% when compared to Q3 2021.

Key Points: 
  • Non-mobile subscription content and video game hardware spending were among the quarter's growth categories but were unable to offset declines experienced across other segments.
  • Data from Sensor Tower shows U.S. consumer spending in mobile games during the first quarter fell 9% from Q3 2021.
  • PlayStation 5 led video game hardware in both unit and dollar sales in the third quarter of this year.
  • "Improved supply of new generation consoles provided a much-needed boost to consumer spending in the third quarter.

Ameriprise Financial and Feeding America® Join Forces to Help People in Need Ahead of the Holidays

Retrieved on: 
Wednesday, November 2, 2022
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“Recent USDA data shows that 34 million people – including nine million children – don’t have reliable access to food in this country*, and the 40-year high inflation we’re currently experiencing only makes matters worse,” said Brian Pietsch, head of Community Relations at Ameriprise. “The problem goes beyond ‘pain at the pump’ and sticker shock at the grocery store. Many families are being forced to make impossible tradeoffs -- choosing between putting food on the table, keeping their home heated, or paying for childcare and medicine. Feeding America is a lifeline many depend on in challenging economic cycles and we’re proud to once again help them lift up our communities where and when their support is most needed.”

Key Points: 
  • For the 13th consecutive year, Ameriprise Financial is partnering with Feeding America, the nations largest domestic hunger-relief organization, to help provide meals for families and individuals in need ahead of the holiday season.
  • Ameriprise volunteers have dedicated more than 360,000 hours toward hunger relief since the inception of the firms National Days of Service.
  • At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years.
  • Ameriprise Financial is dedicated to utilizing the firms resources and talents to improve the lives of individuals and build strong communities.

LILYSILK Reveals Exciting Plans for Pre-Black Friday Holiday Sales for Silk Fans

Retrieved on: 
Tuesday, October 25, 2022
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Soon after this sale begins, another Warm-Up offer runs from October 25-30 giving fans the chance to win a fabulous $299 shopping spree.

Key Points: 
  • Soon after this sale begins, another Warm-Up offer runs from October 25-30 giving fans the chance to win a fabulous $299 shopping spree.
  • And if all this wasn't enough, LILYSILK has lovingly prepared an extra special, brand-new campaign for 2022.
  • "We have meticulously prepared to reward past, present, and future fans of LILYSILK pieces.
  • Especially during the holiday season, LILYSILK strives to bring fans the ultimate comfort in every passing moment, every day, and forevermore.

LILYSILK Reveals Exciting Plans for Pre-Black Friday Holiday Sales for Silk Fans

Retrieved on: 
Tuesday, October 25, 2022
Silk, Friends, Company, Calendar, Sale, Black Friday, Instagram, New Year, July, CEO, Fireworks, Facebook

Soon after this sale begins, another Warm-Up offer runs from October 25-30 giving fans the chance to win a fabulous $299 shopping spree.

Key Points: 
  • Soon after this sale begins, another Warm-Up offer runs from October 25-30 giving fans the chance to win a fabulous $299 shopping spree.
  • And if all this wasn't enough, LILYSILK has lovingly prepared an extra special, brand-new campaign for 2022.
  • Especially during the holiday season, LILYSILK strives to bring fans the ultimate comfort in every passing moment, every day, and forevermore.
  • For more information, visit http://www.lilysilk.com and follow @lilysilk on Instagram and @Lilysilk on Facebook.

Nation's Longest Home Price Boom Ends with Prices Declining from Peaks in Almost All of the Nation's 60 Largest Metros

Retrieved on: 
Friday, October 21, 2022
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WASHINGTON, Oct. 21, 2022 /PRNewswire/ -- The Nation's longest home price boom has ended after a run-up lasting 10 years.

Key Points: 
  • WASHINGTON, Oct. 21, 2022 /PRNewswire/ -- The Nation's longest home price boom has ended after a run-up lasting 10 years.
  • The Nation's longest home price boom has ended after a run-up lasting 10 years.
  • Out of the 60 largest metros, 51 have had a decline from their respective peak home price levels, and only 2 are still growing.
  • San Jose, San Francisco, & Seattle had the biggest declines from their peaks at -10.7%, -8.5%, and -8.2% respectively (see #1 in graphic).

For the 11th Consecutive Year, Ameriprise Financial Will Match Donations to Feeding America® Now Through October 31

Retrieved on: 
Monday, September 12, 2022
Insurance, Finance, Consulting, Professional Services, Food, Beverage, Philanthropy, Fund Raising, Retail, Twitter, NYSE, United States Department of Agriculture, Legislation, Feeding America, Partnership, Meal, Office of Inspector General, U.S. Department of Health and Human Services, Hunger, Facebook, September 11 National Day of Service, Food, Food security, Insurance, U.S. Army Community Relations, Multimedia, July, Financial adviser, Ameriprise Financial

For the 11th consecutive year, Ameriprise Financial, Inc. (NYSE: AMP) will match donations to Feeding America (up to $250,000) to help the more than 33.8 million people** in America facing hunger.

Key Points: 
  • For the 11th consecutive year, Ameriprise Financial, Inc. (NYSE: AMP) will match donations to Feeding America (up to $250,000) to help the more than 33.8 million people** in America facing hunger.
  • The Ameriprise matching campaign was established in 2010 to encourage additional donations to Feeding America.
  • At Ameriprise Financial , we have been helping people feel confident about their financial future for more than 125 years.
  • *About the Match: Ameriprise Financial has committed $250,000 to Feeding America.