Tag: New Jersey

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Eat a Sub: Be a Valerie Fund Hero

Jersey Mike’s Celebrates 14th Annual “Month of Giving”

 

MAPLEWOOD, N.J. — (BUSINESS WIRE) — #becauseofvalerie — The Valerie Fund is joining forces with over 130 Jersey Mike’s Subs across the entire state of New Jersey for the 14th Annual March “Month of Giving” campaign to support local charities.

 

During the month of March, customers will have the option to round up their purchase to the nearest dollar or donate $1, $3, or $5 when placing their order.

The Month of Giving campaign will culminate with Jersey Mike’s “Day of Giving” on Wednesday, March 27, when local Jersey Mike’s restaurants will give 100 percent of the day’s sales – not just profit – to The Valerie Fund.

 

“We are deeply honored and immensely grateful to be chosen again as Jersey Mike’s charity partner for their Month of Giving campaign. The support from Jersey Mike’s has been tremendous. It is not just a partnership; it’s a heartfelt commitment of support for The Valerie Fund’s mission of providing critical psychosocial care to children with cancer and blood disorders, supporting the entire family at a hospital close to home,” said Barry Kirschner, Executive Director of The Valerie Fund. “This support will go a long way to helping The Valerie Fund meet the needs of the over 6,000 children who come through our eight centers every year.”

 

On Day of Giving, local Jersey Mike’s owners and operators throughout the country will donate their resources and every single dollar that comes in – whether in-store, online or through the app – to more than 200 different charities including hospitals, youth organizations, food banks and more. This March, Jersey Mike’s hopes to exceed last year’s record-breaking national fundraising total of $21 million and help local charities striving to fulfill their missions and make a difference.

 

“I would like to extend a personal invitation to you and your family to visit Jersey Mike’s Subs throughout the month of March, and especially on Day of Giving when 100 percent of sales – every penny – goes to help a great local cause,” said Peter Cancro, Jersey Mike’s founder and CEO, who started the company when he was only 17 years old.

 

Since Month of Giving began in 2011, Jersey Mike’s has raised more than $88 million for local charities. For a list of restaurants in your area, please visit our charity listing by state.

 

About Jersey Mike’s

Jersey Mike’s Subs, with more than 2,500 locations nationwide, serves authentic fresh sliced/fresh grilled subs on in-store freshly baked bread – the same recipe it started with in 1956. Passion for giving in Jersey Mike’s local communities is reflected in its mission statement “Giving…making a difference in someone’s life.” For more information, please visit jerseymikes.com or follow us on Facebook (facebook.com/jerseymikes), Instagram (instagram.com/jerseymikes), TikTok (tiktok.com/@jerseymikes) and X (formerly Twitter) (twitter.com/jerseymikes). Join in the conversation at #JerseyMikesGives.

 

ABOUT THE VALERIE FUND: After their nine-year-old daughter Valerie succumbed to cancer in 1976, Sue and Ed Goldstein were determined that no family should have to travel great distances to receive superior medical care. Along with a group of close friends, they began fundraising efforts from their living room – tireless work that would lead to the 1977 opening of New Jersey’s first pediatric oncology facility at Summit’s Overlook Hospital. Forty-five years later, The Valerie Fund’s mission remains that of supporting comprehensive health care for children battling cancer and blood disorders.

Contacts

Bunny Flanders

The Valerie Fund

973-761-0422 ext. 14

www.TheValerieFund.org

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Business Digital - AI & Apps Economics International & World Lifestyle Regulations & Security Science Technology

Cenntro Electric Group Limited announces approval of the scheme of arrangement by the Supreme Court of New South Wales

FREEHOLD, N.J. — (BUSINESS WIRE) — Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, refers to the proposed scheme of arrangement in relation to which Cenntro will re-domicile from Australia to the United States (“U.S.“, the “Scheme”), and under which Cenntro will become a subsidiary of Cenntro Inc., a corporation incorporated in accordance with the laws of the state of Nevada for the purpose of effecting the Scheme.

 

Cenntro is pleased to announce that the Supreme Court of New South Wales, Australia (the “Court“) made orders approving the proposed Scheme on Friday, Feb. 16, 2024 (Australian Eastern Daylight Time, “AEDT“).

 

Cenntro further confirms that it has today lodged an office copy of the orders made by the Court approving the Scheme with the Australian Securities and Investments Commission (“ASIC“) pursuant to sub-section 411(10) of the Corporations Act 2001 (Cth), as a result of which the Scheme is now legally effective.

 

An office copy of the Court orders lodged with ASIC is attached at Annexure A to this press release.

 

Eligible Cenntro shareholders who hold Cenntro ordinary shares of the Company as at 7 p.m. (AEDT) on Thursday, Feb. 22, 2024 (the “Record Date“) will receive one share of common stock in Cenntro Inc. in exchange for every one ordinary share of the Company which such eligible Cenntro shareholder held as of the Record Date.

 

Next steps

An indicative timetable of the key milestones remaining under the Scheme is set out below:

Expected date*

Event

Thursday, February 22, 2024 at 7:00pm

Record Date – being the time and date for determining entitlements to Scheme consideration

Tuesday, February 27, 2024

Implementation date – being the date on which the Scheme will be implemented and Cenntro shareholders will receive the Scheme consideration which they are entitled to

Thursday, February 29, 2024

Commencement of dispatch to Eligible Cenntro shareholders of statements confirming the issue of common stock in Cenntro Inc.

 

*All dates and times listed in the table above are in AEDT and are indicative only and subject to change. Cenntro, in consultation with Cenntro Inc., may vary any or all of these dates and times and will provide reasonable notice of any such variation. Any changes will be announced by Cenntro to Nasdaq and published on Cenntro’s website at www.cenntroauto.com.

 

About Cenntro Electric Group Ltd.

Cenntro Electric Group Ltd. (NASDAQ: CENN) is a leading maker and provider of electric commercial vehicles (“ECVs”). Cenntro’s purpose-built ECVs are designed to serve a variety of commercial applications inclusive of its line of class 1 to class 4 trucks. Cenntro is building a globalized supply-chain, as well as the manufacturing, distribution, and service capabilities for its innovative and reliable products. Cenntro continues to evolve its products capabilities through advanced battery, powertrain, and smart driving technologies. For more information, please visit Cenntro’s website at: http://www.cenntroauto.com/.

 

Forward-Looking Statements

This communication contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. Such statements may be, but need not be, identified by words such as “may,” “believe,” “anticipate,” “could,” “should,” “intend,” “plan,” “will,” “aim(s),” “can,” “would,” “expect(s),” “estimate(s),””project(s),” “forecast(s)”, “positioned,” “approximately,” “potential,” “goal,” “strategy,” “outlook” and similar expressions. Examples of forward-looking statements include, among other things, statements regarding assembly and distribution capabilities, decentralized production, and fully digitalized autonomous driving solutions. All such forward-looking statements are based on management’s current beliefs, expectations and assumptions, and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed or implied in this communication. For additional risks and uncertainties that could impact Cenntro’s forward-looking statements, please see disclosures contained in Cenntro’s public filings with the SEC, including the “Risk Factors” in Cenntro’s Annual Report on Form 10K/A filed with the Securities and Exchange Commission on July 6, 2023 and which may be viewed at www.sec.gov.

Contacts

Investor Relations Contact:
Chris Tyson

MZ North America

CENN@mzgroup.us
949-491-8235

Company Contact:
PR@cenntroauto.com
IR@cenntroauto.com

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AM Best upgrades Credit Ratings of CG United Insurance Ltd.; affirms Credit Ratings for most of Coralisle Group Ltd. subsidiaries

OLDWICK, N.J. — (BUSINESS WIRE) — #insurance — AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of CG United Insurance Ltd. (CG United) (Barbados).

 

The outlook of these Credit Ratings (ratings) has been revised to stable from positive. Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a” (Excellent) for the life/health (L/H) and property/casualty (P/C) operating subsidiaries of Coralisle Group Ltd. (CG). The outlook of these ratings is stable. CG is a wholly owned intermediate holding company of Edmund Gibbons Limited, the ultimate parent company. All companies are domiciled in Bermuda, unless otherwise specified. (See below for a detailed listing of these companies).

 

The ratings reflect CG’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

 

On a consolidated basis, CG continues to demonstrate the strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), supported by ample liquidity and fungibility of resources across the organization. Financial leverage was moderate in 2022, after the acquisition of CG United in May of 2022, which was partially financed with debt. This debt was fully repaid in 2023. Reinsurance capacity was severely constrained going into 2023, which drove an increase in retentions on proportional treaties. To secure appropriate excess of loss limits given the additional retentions, higher excess of loss deductibles were accepted.

 

These, combined with much higher property exposure after the CG United acquisition, materially increased reinsurance dependence. However, AM Best believes the program remains supportive of the overall balance sheet assessment.

 

CG’s year-end 2022 results were materially impacted by adverse investment results that more than offset otherwise favorable operating results. Despite the adverse net results in 2022, CG has reported consistent favorable operating and net results over the last five years driven by health and P/C lines. Reported premium growth has been strong over the last five years, and especially strong in 2022, as CG closed on its acquisition of CG United in May and included associated premiums for seven months. Growth in 2023 is expected to be strong with full year CG United results as large rate increases are realized throughout the property portfolio. Potential for volatility in earnings remains high due to catastrophe exposure and the risk of significant health reform in Bermuda.

 

The ratings of CG United reflect its increased strategic importance to CG and its substantially complete integration with the legacy business. This integration includes the rebranding of CG United in 2022, combined with reinsurance purchasing, the licensing of CG United entities to sell CG health products and cost synergies related to consolidation of core systems and processes.

 

The FSR of A (Excellent) and the Long-Term ICRs of “a” (Excellent) have been affirmed with stable outlooks, for the following subsidiaries of Coralisle Group Ltd.:

  • Coralisle Insurance (BVI) Ltd. (British Virgin Islands)
  • British Caymanian Insurance Company Limited (Cayman Islands)
  • Coralisle Insurance Company Ltd.
  • Coralisle Life Assurance Company Ltd.
  • Coralisle Medical Insurance Company Ltd.
  • CG Atlantic Medical & Life Insurance Ltd. (Bahamas)
  • CG Atlantic General Insurance Ltd. (Bahamas)

 

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

 

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

John McGlynn
Senior Financial Analyst
+1 908 882 2106
john.mcglynn@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Bridget Maehr
Director
+1 908 882 2080
bridget.maehr@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

Categories
Business Economics Lifestyle Perspectives

Best’s Special Report: US economy could see slowdown after better-than-expected 2023

OLDWICK, N.J. — (BUSINESS WIRE)–#insurance–The U.S. economy performed better than expected in 2023, significantly reducing the possibility of a recession in 2024. However, according to a new AM Best report, growth is still set to slow due to a variety of headwinds.

 

According to the Best’s Special Report, “US Economy: Soft Landing May Experience a Bumpy Road,” strong domestic consumption led to the GDP growth of 2.5% in 2023, aided by a tight labor market, growth in real incomes and positive wealth effects from the housing and stock markets. Government spending also contributed to economic activity, owing to the passage of the Inflation Reduction Act and the Chips and Science Act, which boosted federal spending. Private investment and exports had mixed results, but the economy still ended on a positive note, growing by an annualized 3.3% on a fourth-quarter basis, bringing positive momentum into 2024.

 

The report also notes that inflation continues to move down toward the Federal Reserve’s target of 2.0% and is likely to continue to fall in the upcoming year. However, the risk that inflation may spike persists given the precarious geopolitical environment. Various conflicts around the world have the potential for supply chain disruptions and commodity price shocks, which would increase costs and cause higher inflation.

 

“As the Fed was tightening policy to rein in inflation, the government undertook expansionary fiscal spending with fiscal deficits running approximately 7%-8% of GDP,” said Ann Modica, director, credit rating criteria, research and analytics, AM Best. “If fiscal deficits continue to grow, policy rates are likely to remain higher due to the inflationary impact. Additionally, public debt is becoming a larger concern, with interest payments almost twice as much as they were three years ago.”

 

Interest rates may be at or near their peak, according to the report, with the Fed projecting rate cuts totaling 75 basis points in 2024. With the rate cuts, mortgage rates are expected to come down as well. However, monetary policy may remain somewhat restrictive, given its lagged effect. Consumer spending, which remains the main driver of US economic activity, likely will moderate in 2024. The expected economic slowdown, dwindling savings, rising debt levels and a weaker employment outlook all have the potential to lead to a decline in domestic consumption.

 

To access the full copy of this report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=340405.

 

For a video discussion about this report with Ann Modica, director, AM Best, please visit http://www.ambest.com/v.asp?v=ambeconomy224.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

 

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Ann Modica
Director, Credit Rating Criteria,
Research and Analytics
+1 908 882 2127
ann.modica@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

Categories
Business Digital - AI & Apps Economics International & World Lifestyle Science Technology

OPEX® Corporation to demonstrate its Warehouse Automation technology at MODEX 2024, with launch of its newest solutions

MOORESTOWN, N.J. — (BUSINESS WIRE) — OPEX® Corporation, a global leader in Next Generation Automation for almost 50 years, will showcase its advanced Warehouse Automation solutions at MODEX 2024, the largest manufacturing and supply chain trade event, scheduled for March 11 through 14 at the Georgia World Congress Center in Atlanta.

 

“We look forward to participating in MODEX once again in 2024,” said Alex Stevens, President, Warehouse Automation, OPEX.

 

“This gathering provides an ideal forum to engage with industry thought leaders, and to demonstrate the innovative solutions in our Warehouse Automation portfolio. We’re particularly excited to be introducing our most advanced sorting solutions yet at MODEX 2024.”

 

At MODEX Booth #B6602, OPEX will be exhibiting two of its premier solutions. Onsite will be the Infinity® automated storage and retrieval system (AS/RS), first introduced at MODEX 2022. Designed to reduce labor challenges, drive order accuracy, maximize existing space, and scale to meet demand, the Infinity AS/RS features unparalleled storage density, configurability, and flexibility. This next generation goods-to-person solution is ideal for multiple applications, including omni-channel distribution, store replenishment, micro-fulfillment, and ecommerce.

 

Making its debut at MODEX will be OPEX Corporation’s newest innovations in automated sortation. A press conference will be held in OPEX Booth #B6602 on Monday, March 11 at 10:30 am ET, where the company will unveil its latest technology. Onsite demonstrations will occur throughout the duration of the show.

 

OPEX will also host an educational session titled “The Future of Sortation” on Tuesday, March 12, from 2:30 to 3:25 pm ET in the Emerging Technologies Theater. During this session, Drew Stevens, Vice President, Global Business Development and Marketing, OPEX, will discuss the benefits of automating the sortation process and the various options available across the marketplace.

 

For nearly five decades, OPEX Corporation has served as a trusted partner, collaborating closely with clients to develop customized, scalable solutions that transform how business is conducted. OPEX continuously reimagines automation technology to help clients solve their most significant business challenges, today and in the future.

 

About OPEX

OPEX® Corporation is a global leader in Next Generation Automation, providing innovative, unique solutions for warehouse, document and mail automation. With headquarters in Moorestown, NJ, USA—and facilities in Pennsauken, NJ; Plano, TX; France; Germany; Switzerland; the United Kingdom; and Australia—OPEX has more than 1,600 employees who are continuously reimagining and delivering customized, scalable technology solutions that solve the business challenges of today and in the future.

Contacts

Laura Evans

levans@opex.com
+1.856.727.1100 x 5012

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Business Culture Economics Education Lifestyle News Now! Perspectives Programs & Events Regulations & Security

Affinity Federal Credit Union celebrates its first class of Certified Wellbeing Coaches

Coaches will support the wellbeing of Affinity members at each of its branches in NJ, NY and CT

 

 

BASKING RIDGE, N.J. — (BUSINESS WIRE) — Affinity Federal Credit Union (“Affinity”) proudly announces the graduation of its inaugural class of Certified Wellbeing Coaches. The program and its first graduates mark an important step in Affinity’s ongoing commitment to the financial wellbeing of its members.

 

The program’s 42 graduates represent various departments within Affinity. Each participant invested approximately 75 hours in training, learning about how to provide members with the best possible support in managing their personal finances and overcoming financial challenges. Course topics include credit, foreclosure, bankruptcy, taxes, insurance, identity theft, and the resources and tools available to support a member’s financial wellbeing. The program was inclusive of class attendance, presentations, homework, and tests.

 

“We are immensely proud to introduce our first class of Certified Wellbeing Coaches, who embody Affinity’s purpose of ‘people helping people’ within our communities,” said Kevin Brauer, CEO and President of Affinity Federal Credit Union. “By investing in the financial wellbeing of our members, we are not just helping them navigate financial challenges but are also empowering them to achieve their long-term goals. We look forward to the positive impact our Wellbeing Coaches will have on our members’ lives.”

 

Affinity also wants to highlight the work of four of its coaches who went above and beyond to meet the demands of the program. Top graduates of the inaugural class of Certified Wellbeing Coaches include Bedminster and Morristown Branch Manager Andrea Alfaro, Norwalk Branch Manager Juan Londono, Financial Services Accountant Lizandra Blanco, and Loss Mitigation Specialist Auria Torres.

 

Coaches are now available at all of Affinity’s branches in New Jersey, New York, and Connecticut, ensuring that every member has access to this invaluable resource. Appointments with Wellbeing Coaches can be made online at https://www.affinityfcu.com/financial-wellbeing/certified-wellbeing-coaches.

 

About Affinity Federal Credit Union

Affinity Federal Credit Union is a full-service financial institution, member-owned and community-focused, with a mission to nurture your financial wellbeing. With more than 20 branches across the tri-state area, Affinity is the largest credit union headquartered in the state of New Jersey, proudly ranking in the top 2% of all credit unions in terms of asset size1. The Affinity difference is about people helping people on a deeper level and understanding what YOU need to make your unique dreams a reality. For more information, please visit www.affinityfcu.com.

 

1 Source: NCUA.gov. Using the “Credit Union and Corporate Call Report Data” found here: https://www.ncua.gov/analysis/credit-union-corporate-call-report-data

Contacts

Rocco Aloe

Gregory FCA for Affinity Federal Credit Union

affinity@gregoryfca.com
610-860-2075

Categories
Business Culture Digital - AI & Apps Economics Lifestyle Perspectives Technology

Avaya’s CEO Alan Masarek to deliver ITEXPO 2024 keynote: Deciphering the right innovation language for the boardroom

Avaya executives also featured in presentations focusing on balancing AI with better employee engagement, improving contact center agent experiences, and the future of work in the Contact Center

 

 

FORT LAUDERDALE, Fla. & MORRISTOWN, N.J. — (BUSINESS WIRE) — Avaya, a global leader in customer experience solutions, continues to invest and anchor itself in wider industry conversations with its upcoming speaking engagements at this year’s 25th edition of ITEXPO 2024, one of the largest and longest-running technology events.

 

The technology conference is scheduled from Feb. 13 to 15 at the Broward County Convention Center in Fort Lauderdale, Fla.

 

Avaya CEO Alan Masarek’s ITEXPO keynote will highlight a pivotal gap in communication between the business-results focus of CEO’s and boards of directors and the tech priorities of IT leaders, to help ITEXPO attendees understand how to better and more successfully communicate innovation projects with senior leaders, and how companies can correctly tie innovation investments to company financial results. The keynote session will take place on Wednesday, Feb. 14 at 2:30 p.m. ET in the Floridian ballroom.

 

“Understanding the critical balance between innovation and operational priorities is essential in today’s landscape, and I look forward to sharing practical insights on how to best position the critical role IT investments can make toward improved business performance,” said Alan Masarek, CEO of Avaya.

 

“In today’s experience economy, customer experience will be how brands grow, differentiate, and win, and Avaya can offer perspectives that can help CX practitioners and leaders get on the path to consuming AI-power innovation with faster time to value.”

 

In addition to the Avaya keynote, Global Vice Presidents Jay Patel (Product Management) and Susan Terry (Portfolio Maximization) will be participating in three on-stage panels on Feb. 14 in conversations with fellow industry leaders. Patel will participate in two sessions: “Finding the balance with AI for better employee engagement” at 9 a.m. (West building) room 209B, and “How successful companies improve agent experience” at 10 a.m. ET (West building) room 209A. Terry’s discussion will explore the future of work with a spotlight on contact center agents as their unsung heroes, at 10 a.m. ET (West building) room 209B.

 

ITEXPO brings communications and technology professionals together across the entire ecosystem: Enterprise and SMB telecom and IT executives, small business owners, MSP and Channel C-level executives and business owners, service provider/carrier engineers and network executives, and industry suppliers and solutions providers.

 

To register for attendance, visit ITEXPO’s registration page.

 

Additional Resources

 

About Avaya

Businesses are built by the experiences they provide, and every day, millions of those experiences are delivered by Avaya. Organizations trust Avaya to provide innovative solutions for some of their most important ambitions and challenges, giving them the freedom to engage their customers and employees in ways that deliver the greatest business benefits. Avaya contact center and communications solutions power immersive, personalized, and unforgettable customer experiences that drive business momentum. With the freedom to choose their journey, there’s no limit to the experiences Avaya customers can create.

Learn more at https://www.avaya.com

 

Cautionary note regarding forward-looking statements

This document contains certain “forward-looking statements.” All statements other than statements of historical fact are “forward-looking” statements for purposes of the U.S. federal and state securities laws. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology. These forward-looking statements are subject to a number of factors and uncertainties that could cause the Company’s actual results to differ materially from those expressed in or contemplated by the forward-looking statements. Such factors include, but are not limited to, risks attendant to the bankruptcy process, including the Company’s ability to emerge successful from the Company’s voluntary cases under chapter 11 of the United States Bankruptcy Code, and other factors discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2021, subsequent quarterly reports on Form 10-Q filed with the SEC and other public statements made from time-to-time. These risks and uncertainties may cause the Company’s actual results, performance, liquidity or achievements to differ materially from any future results, performance, liquidity or achievements expressed or implied by these forward-looking statements. The Company cautions you that the list of important factors included in the Company’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this report may not in fact occur. The Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

 

All trademarks identified by ®, TM, or SM are registered marks, trademarks, and service marks, respectively, of Avaya Inc. All other trademarks are the property of their respective owners.

 

Source: Avaya Newsroom

Contacts

Avaya Corporate PR:

Corpcommsteam@avaya.com

Categories
Business Education Lifestyle Regulations & Security

Best’s Review Global Insurance broker survey now accepting submissions

OLDWICK, N.J. — (BUSINESS WIRE) — AM Best’s monthly magazine, Best’s Review, is asking for submissions to its annual Top Global Insurance Brokers ranking, which will be published in the July 2024 issue. Insurance brokerages will be ranked according to their 2023 total revenue.

 

Additional information about top lines of business and key business developments also will be included.

 

Companies of all sizes are encouraged to submit financial information. The Top 20 will be presented according to ranking; other companies that participate will follow in alphabetical order. Verifiable submissions will be published as space permits.

 

The deadline for submissions is April 15, 2024. Brokers may submit information online.

 

For further information or any questions about the ranking, please contact Best’s Review Editor Tom Davis and tom.davis@ambest.com or 1+ (732) 395-8956.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

 

Copyright © 2024 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Tom Davis
Editor, Best’s Review
+1 732 395 8956

tom.davis@ambest.com

Categories
Business Culture Digital - AI & Apps Economics Foodies/Tastylicious Healthcare Lifestyle Science

B&G Foods announces date of fourth quarter and fiscal year 2023 earnings conference call

PARSIPPANY, N.J. — (BUSINESS WIRE) — B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with fourth quarter and fiscal year 2023 financial results after the market close on Tuesday, Feb. 27, 2024.

 

B&G Foods has scheduled a conference call at 4:30 p.m. ET that same day to discuss the results. Hosting the call will be Casey Keller, President and Chief Executive Officer and Bruce Wacha, Executive Vice President of Finance and Chief Financial Officer.

 

The earnings press release and live audio webcast of the conference call can be accessed at www.bgfoods.com/investor-relations. A replay of the webcast will be available following the conference call through the same link.

 

About B&G Foods, Inc.

Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. With B&G Foods’ diverse portfolio of more than 50 brands you know and love, including B&G, B&M, Bear Creek, Cream of Wheat, Crisco, Dash, Green Giant, Las Palmas, Le Sueur, Mama Mary’s, Maple Grove Farms, New York Style, Ortega, Polaner, Spice Islands and Victoria, there’s a little something for everyone. For more information about B&G Foods and its brands, please visit www.bgfoods.com.

 

Contacts

Investor Relations:

ICR, Inc.

Dara Dierks

866.211.8151

Media Relations:

ICR, Inc.

Matt Lindberg

203.682.8214

Categories
Business Culture Digital - AI & Apps Economics Education Energy Lifestyle Local News Science

Universal Display Corporation announces fourth quarter and fiscal year 2023 conference call

EWING, N.J. — (BUSINESS WIRE) — $OLED #OLED—Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its results for the fourth quarter and full year, ended Dec. 31, 2023, will be released on Thursday, Feb. 22, 2024, after market close. At that time, a copy of the financial results release will be available on the Company’s website at https://oled.com/.

 

In conjunction with this release, UDC will host a conference call on Thursday, Feb. 22, 2024, at 5 p.m. ET. The live webcast of the conference call can be accessed under the events page of the Company’s Investor Relations website at ir.oled.com. Those wishing to participate in the live call should dial 1-877-524-8416 (toll-free) or 1-412-902-1028. Please dial in 5-10 minutes prior to the scheduled conference call time. An online archive of the webcast will be available within two hours of the conclusion of the call.

 

About Universal Display Corporation

Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 6,000 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit https://oled.com/.

 

Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other company, brand or product names may be trademarks or registered trademarks.

 

All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company’s technologies, and the Company’s expected results and future declaration of dividends, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled “Risk Factors” in Universal Display Corporation’s Annual Report on Form 10-K for the year ended December 31, 2022. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.

 

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Contacts

Universal Display Contact:
Darice Liu

investor@oled.com
media@oled.com
+1 609-964-5123