LOWE

Lowe's Foundation Awards Over $6 Million in Gable Grants to Innovative Community-Based Nonprofits to Shore Up America's Skilled Trades Workforce

Retrieved on: 
Wednesday, March 13, 2024
Lowe's, Organization, Master, Apprenticeship, Construction, Learning, Step Up, City, Literacy, Entrepreneurship, Student, Multiculturalism, Employment, HVAC, Woman, OSHA, Goodwill Industries, Curriculum, Workforce, Refugee, Nursing

MOORESVILLE, N.C., March 13, 2024 /PRNewswire/ -- The Lowe's Foundation has selected 10 community-based nonprofits as Gable Grants recipients to enhance their innovative skilled trades training programs. These nonprofits expand the foundation's roster of grant recipients to 24 organizations offering inclusive and scalable training programs in 25 states nationwide.

Key Points: 
  • MOORESVILLE, N.C., March 13, 2024 /PRNewswire/ -- The Lowe's Foundation has selected 10 community-based nonprofits as Gable Grants recipients to enhance their innovative skilled trades training programs.
  • The grants are the latest investment in the Lowe's Foundation's five-year, $50 million commitment to support the training of 50,000 people for skilled trades careers.
  • Through these grants, students will strengthen their skills across carpentry and construction, HVAC, electrical, plumbing and appliance repair.
  • Eligible community and technical colleges that offer skilled trades training can submit Lowe's Foundation Gable Grant applications until March 31 at Lowes.com/Foundation .

LPL Financial Welcomes Aero Capital

Retrieved on: 
Wednesday, March 6, 2024
SAN, Investment, RIA, Business development, CPWA, Map, Sailor, Stifel, LPL, Aero, Financial adviser

SAN DIEGO, March 06, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Brice Lowe CFP®, CPWA and Bradley Moser CFP®, have joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with Mariner Advisor Network.

Key Points: 
  • SAN DIEGO, March 06, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Brice Lowe CFP®, CPWA and Bradley Moser CFP®, have joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with Mariner Advisor Network.
  • They reported having served approximately $150 million in advisory, brokerage and retirement plan assets* and join LPL from Stifel Financial.
  • Lowe, Moser’s stepson, chose to follow the same path into the financial services industry, first interning with Moser during college and later as partner in what would become Aero Capital.
  • “The next logical step for our business was to launch our new firm, Aero Capital, by partnering with LPL,” Lowe said.

Summit Acquires Managed Data Center Provider Deft

Retrieved on: 
Thursday, February 29, 2024
Acquisition, Love, Sale, Deft (company)

CHICAGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Deft (formerly ServerCentral), a managed data center service provider, has been acquired by Summit , one of the largest providers of virtual servers and cloud-based application hosting in the U.S. and Canada.

Key Points: 
  • CHICAGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Deft (formerly ServerCentral), a managed data center service provider, has been acquired by Summit , one of the largest providers of virtual servers and cloud-based application hosting in the U.S. and Canada.
  • The acquisition unites Deft’s robust data center and network services with Summit’s cloud hosting expertise, expanding the available data center footprint and portfolio of hands-on IT solutions for clients.
  • Deft founder Jordan Lowe will be transitioning to the role of Chief Strategy Officer, while co-founder Daniel Brosk will remain Chief Operating Officer.
  • This is more than an acquisition; it’s a fusion of strengths.”
    Advising firm DH Capital facilitated the sale of Deft to Summit.

CompoSecure Chief Product and Innovation Officer to Speak on Digital Transformation for Financial Institutions at Finovate Europe 2024

Retrieved on: 
Tuesday, February 27, 2024
Digital transformation, AI, AMRO Bank, Lloyds Banking Group, Digital, GMT, Authentication, Fintech, ABM, ING

LONDON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced that Dr. Adam Lowe, Chief Product and Innovation Officer, will speak on a panel at Finovate Europe 2024 in London on February 28 at 9:40 am GMT.

Key Points: 
  • LONDON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced that Dr. Adam Lowe, Chief Product and Innovation Officer, will speak on a panel at Finovate Europe 2024 in London on February 28 at 9:40 am GMT.
  • Finovate brings together financial institutions, fintech startups and industry experts to explore the latest trends and innovations in the financial technology sector.
  • The panel, titled " Power Panel: Finding New Opportunities Through Digital Transformation ," will discuss innovative approaches and embedded solutions to digital payment security that will help financial institutions grow and future-proof their business without changing customer behavior.
  • "Digital transformation is the single most significant trend in banking being fueled by the dramatic rise in cybersecurity threats and growing demand for convenient and secure digital services,” said Lowe.

Sunrun and Lowe’s Partner to Bring Solar and Storage to Millions of Homeowners

Retrieved on: 
Wednesday, February 21, 2024
SAN, Environment, Lowe's, Solar energy, Partnership

Customers will soon be able to experience and learn more about Sunrun's solar, storage, and clean energy technology products while visiting 430 Lowe’s store locations.

Key Points: 
  • Customers will soon be able to experience and learn more about Sunrun's solar, storage, and clean energy technology products while visiting 430 Lowe’s store locations.
  • The partnership makes renewable energy more accessible and affordable to homes across the nation by leveraging Sunrun’s industry-leading solar-as-a-service subscription model, which eliminates financial barriers and upfront costs for millions of customers.
  • As the nation's leading provider of solar energy with storage, this exciting partnership with Lowe’s makes connecting with new customers even easier,” said Sunrun CEO Mary Powell.
  • To learn more about Sunrun’s products, services, and request a consultation, Lowe’s customers can also visit lowes.com/l/install/solar .

CPI Card Group Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024
Online Retail, Data Management, Retail, Communications, Technology, Software, Public Relations, Investor Relations, Senior, Debit and Credit, Note, Telephone, Share repurchase, Visa, Growth, Loss, Nature, Debt-to-GDP ratio, Adjustment, PMTS, GAAP, CPI, Public expenditure, Tax, LTM, ABL, Credit, Environment, Depreciation

As anticipated, fourth quarter sales were similar to third quarter levels as customers generally remained cautious with spending and continued their focus on managing inventory levels.

Key Points: 
  • As anticipated, fourth quarter sales were similar to third quarter levels as customers generally remained cautious with spending and continued their focus on managing inventory levels.
  • “Fourth quarter business trends were largely in-line with expectations, as customers continued to prioritize managing inventory levels,” said John Lowe, President and Chief Executive Officer.
  • Fourth quarter gross profit decreased 25% to $35.4 million and gross profit margin was 34.4%, which compared to 37.6% in the prior year fourth quarter.
  • CPI Card Group Inc. will hold a conference call on March 7, 2024 at 9:00 a.m. Eastern Time (ET) to review its fourth quarter and full year 2023 results.

Summit, a Leading Cloud Hosting Provider, Significantly Expands Service Offerings with Acquisition of Deft

Retrieved on: 
Wednesday, February 28, 2024
Technology, Security, Other Technology, Professional Services, Networks, University, Data Management, Other Professional Services, Education, Acquisition, Love, Multimedia, HIPAA, Partner, Internet service provider

View the full release here: https://www.businesswire.com/news/home/20240226678495/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240226678495/en/
    Summit CEO Warren Patterson and Deft co-founder Jordan Lowe at a Summit data center.
  • (Photo: Business Wire)
    The acquisition brings together two high-growth, innovative companies that are providing award-winning colocation, cloud, and network services.
  • Summit acquired Handy Networks and Tech Commandos in 2022, which added to its service offerings in server hosting, application hosting, colocation, HIPAA compliance hosting, and backup and disaster recovery.
  • The combined business will leverage best practices from each to create a differentiated platform well-positioned for accelerated growth.”

The Good Charcoal Launches Super Briquettes With Lowe's

Retrieved on: 
Monday, March 4, 2024
Kroger, Multimedia, Wood, Food, BBQ, Jack Daniel's, Lowe's, Burns, Good, Tractor Supply Company, FSC, Water

NEW YORK, March 4, 2024 /PRNewswire/ -- The first FSC® certified charcoal sold in the US – The Good Charcoal Company will unveil its Super Briquettes in 15.4lb bags at select Lowe's locations nationwide.

Key Points: 
  • NEW YORK, March 4, 2024 /PRNewswire/ -- The first FSC® certified charcoal sold in the US – The Good Charcoal Company will unveil its Super Briquettes in 15.4lb bags at select Lowe's locations nationwide.
  • The Good Charcoal, a company on a mission to disrupt the charcoal industry, began as a threefold idea between Ben Jablonski and Rob Silverman in 2020.
  • Because of the use of Acacia, The Good Charcoal burns hotter, cleaner, and more evenly (resulting in delicious flavors and less charcoal used per BBQ).
  • Because of this, The Good Charcoal created a product that would offer a solution for bush encroachment while offering consumers a cleaner charcoal alternative.

Sir Speedy, PIP and Signal Graphics Outpaced the Industry in 2023

Retrieved on: 
Friday, March 1, 2024
Sir Speedy, Entrepreneurship, Multimedia, Marketing, PIP, Growth, Parent, Communication, Signal, Organization, Printing, Inc., Service

MISSION VIEJO, Calif., Feb. 29, 2024 /PRNewswire-PRWeb/ -- Franchise Services, Inc. reported an outstanding year for its brands Sir Speedy, PIP and Signal Graphics—nationally known franchise companies in the printing, signage and marketing services sector. Combined comparative sales growth for the company's print franchises increased 5% year-over-year in 2023, in contrast to the U.S. printing industry being down 3%.

Key Points: 
  • Franchise Services, Inc. reported an outstanding year for its brands Sir Speedy, PIP and Signal Graphics—nationally known franchise companies in the printing, signage and marketing services sector.
  • MISSION VIEJO, Calif., Feb. 29, 2024 /PRNewswire-PRWeb/ -- Franchise Services, Inc. reported an outstanding year for its brands Sir Speedy, PIP and Signal Graphics—nationally known franchise companies in the printing, signage and marketing services sector.
  • Combined comparative sales growth for the company's print franchises increased 5% year-over-year in 2023, in contrast to the U.S. printing industry being down 3%.
  • The growth is also a reflection of several new, and very motivated owners, who have joined the Sir Speedy and PIP networks.

Charbroil Revolutionizes Outdoor Cooking with New Commercial Series™ and PRO Series™ Grill & Griddle Combos

Retrieved on: 
Thursday, February 29, 2024
Name, Commercial, PRO, Griddle, MSRP, BBQ, Lowe's, Charbroiler, Fast food

The Charbroil® Commercial Series™ Grill & Griddle Combo unlocks endless flavor possibilities that are sure to satisfy the entire crew.

Key Points: 
  • The Charbroil® Commercial Series™ Grill & Griddle Combo unlocks endless flavor possibilities that are sure to satisfy the entire crew.
  • Featuring a cutting-edge modular cooking system, the Charbroil® Commercial Series™ Grill & Griddle Combo seamlessly transitions from classic gas grilling to griddle cooking in 90 seconds or less.
  • Additional features of the Charbroil® Commercial Series™ Grill & Griddle Combo include:
    Versatility to effortlessly transform into a gas grill, griddle or charcoal grill.
  • In addition to the Commercial Series™ Grill & Griddle Combo, Charbroil® also offers the PRO Series™ Grill & Griddle Combo, which features the same modular cooking system and is available at select retailers and at www.charbroil.com .