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Jennifer Wambold Promoted To Executive Vice President, Chief People Officer And Appointed To Management Committee At Eastern Bank
Businesswire· 2026-03-25 19:15
Jennifer Wambold Promoted To Executive Vice President, Chief People Officer And Appointed To Management Committee At Eastern Bank Mar 25, 2026 3:15 PM Eastern Daylight Time Jennifer Wambold Promoted To Executive Vice President, Chief People Officer And Appointed To Management Committee At Eastern Bank Share BOSTON--(BUSINESS WIRE)-- Eastern Banktoday announced that Jennifer Wambold, Senior Vice President of Total Rewards and Benefits, has been promoted to Executive Vice President, Chief People Officer and a ...
WellCare of Kentucky Launches Food Is Medicine Program in Eastern Kentucky to Tackle Growing Diabetes Rates
Prnewswire· 2026-03-18 18:32
WellCare of Kentucky Launches Food Is Medicine Program in Eastern Kentucky to Tackle Growing Diabetes Rates Accessibility StatementSkip Navigation Program to support eligible Medicaid enrollees with diabetes in rural Kentucky with tailored initiatives to support nutrition security and chronic disease management HAZARD, Ky., March 18, 2026 /PRNewswire/ -- WellCare of Kentuckyand Centene Foundation, the philanthropic arm of Centene Corporation(NYSE: CNC), today announced an investment of $550,000 to launch th ...
TerraForm Power Operating Fourth Quarter and Full-Year 2025 Results Webcast and Conference Call
Globenewswire· 2026-03-13 21:16
Core Viewpoint - TerraForm Power Operating, LLC will host a webcast and conference call on March 19, 2026, to discuss its Fourth Quarter and Full-Year 2025 results and current business initiatives with senior management [2]. Group 1: Event Details - The webcast and conference call are scheduled for March 19, 2026, at 4:00 pm (Eastern Time) [2]. - Audited consolidated financial statements for the years ended December 31, 2025, and 2024 will be available on the company's website prior to the event [3]. - Participants can join the event via conference call or webcast, with pre-registration required for the conference call [3][4]. Group 2: Company Overview - TerraForm Power Operating, LLC owns and operates a renewable power portfolio consisting of solar and wind assets, primarily located in North America and Western Europe [4]. - The company is a controlled affiliate of Brookfield Renewable [4].
Electric Metals (USA) Limited Announces Agreement to Sell Non-Core Nevada Silver Assets
Accessnewswire· 2026-03-13 21:05
Core Viewpoint - Electric Metals (USA) Limited has entered into a definitive purchase and sale agreement to sell its wholly owned subsidiaries and related assets to Ameerex Corporation for an initial payment of US$300,000 [1] Group 1: Transaction Details - The agreement is effective as of January 30, 2026 [1] - The subsidiaries being sold include North American Silver Corporation and Centennial Mining [1] - The assets involved in the transaction are located in Nye County, Nevada, and include the Corcoran silver-gold and Belmont silver properties [1] Group 2: Asset Description - The assets consist of unpatented federal lode mining claims and certain lease purchase options on patented mining claims [1]
Distribution Solutions Group Announces Acquisition of Eastern Valve & Control Specialties
Businesswire· 2026-03-09 22:30
Core Viewpoint - Distribution Solutions Group, Inc. (DSG) has announced the acquisition of Eastern Valve & Control Specialties Ltd., enhancing its Canadian operations and expanding its Mobile Valve platform in Atlantic Canada [1] Group 1: Acquisition Details - DSG acquired Eastern Valve, a provider of industrial valve products and services, located in Paradise, Newfoundland, Canada [1] - Eastern Valve has annual revenues of approximately CAD$17 million and is expected to be immediately accretive to DSG's margins [1] - The acquisition was funded through existing cash and availability under DSG's credit agreement [1] Group 2: Strategic Fit and Benefits - The acquisition is seen as a strong strategic fit that complements and expands the existing double-digit margins of DSG's Mobile Valve platform [1] - The integration of Eastern Valve is expected to enhance DSG's value proposition by combining product expertise, comprehensive services, and lifecycle support [1] - This expanded geographic footprint will allow DSG to reach new customers and markets while delivering consistent, high-value solutions [1] Group 3: Company Overview - DSG is a premier multi-platform specialty distribution company serving maintenance, repair & operations (MRO), original equipment manufacturer (OEM), and industrial technologies markets [1] - The company serves approximately 220,000 customers globally, supported by around 4,300 employees and strong vendor partnerships [1] - DSG was formed through the strategic combination of Lawson Products, Gexpro Services, and TestEquity [1]
Eastern's Q4 Earnings Fall Y/Y, Weak Truck Demand Hurts
ZACKS· 2026-03-09 17:45
Shares of The Eastern Company (EML) have lost 0.7% since the company reported its earnings for the quarter ended Jan. 3, 2026. This compares with the S&P 500 Index’s decline of 2.1% over the same period. Over the past month, the stock moved down 3.2%, roughly in line with the broader market’s 3.1% decline.For the fourth quarter of 2025, Eastern reported adjusted net income of 31 cents per share compared with 42 cents per share recorded a year earlier. Net sales of $57.5 million denoted a 13.7% decrease from ...
Residential Home Health Expands Eastern Pennsylvania Footprint with Acquisition of Covenant Home Health
Prnewswire· 2026-03-09 16:13
Core Insights - Residential Home Health has acquired Covenant Home Health, enhancing its presence in Eastern Pennsylvania and expanding its reach into Philadelphia and Delaware counties [1] - The acquisition is part of Residential's strategy to grow through quality care, clinical excellence, and strong local leadership [1] - The integration aims to maintain personalized care while expanding services to more patients [1] Company Overview - Residential Home Health is part of Graham Healthcare Group, which employs over 3,000 professionals and serves more than 20,000 patients daily [1] - Covenant Home Health is recognized for its skilled nursing, therapy, and supportive care services in Eastern Pennsylvania [1] - The acquisition will not affect Covenant Private Duty's ownership or offerings [1] Strategic Goals - The acquisition reflects a commitment to delivering measurable outcomes and strengthening community partnerships [1] - Residential plans to retain Covenant's employees to ensure a seamless transition for patients and staff [1] - Current patients will experience no interruption in services during the transition [1]
Full Transcript: Eastern Q4 2025 Earnings Call - Eastern (NASDAQ:EML)
Benzinga· 2026-03-05 15:00
Core Viewpoint - Eastern Company reported a 9% year-over-year decline in revenue for 2025, totaling $249 million, with adjusted EBITDA margin decreasing to 7.8% from 9.6% in the previous year [5][10]. Financial Performance - Revenue for the fourth quarter of 2025 decreased 13.7% to $57.5 million from $66.7 million in the fourth quarter of 2024, primarily due to lower shipments of returnable transport packaging products and truck mirror assemblies [11]. - For the full year 2025, net sales decreased 9% to $249 million from $272.8 million in 2024, also attributed to lower shipments of the same product categories [11]. - Adjusted EBITDA for 2025 was $19.4 million, representing a 7.8% margin, compared to $26.3 million or 9.6% margin in the previous year [10]. Operational Highlights - The Asia business experienced a 25% growth year-over-year, despite challenges in the heavy truck and automotive sectors [8][10]. - The company implemented strategic initiatives to reduce the cost base by $4 million through restructuring and divesting underperforming assets [7][10]. Balance Sheet and Shareholder Returns - The company strengthened its balance sheet by refinancing its credit facility, reducing debt by $8.7 million, and returning $2.7 million to shareholders [7][10]. - As of the end of Q4 2025, the senior net leverage ratio was 1.35 to 1, improved from 1.64 to 1 at the end of Q3 2025 [11]. Future Outlook - Management expressed cautious optimism for a more favorable demand environment in 2026, supported by early signs of stabilization in order flow and OEM production signals [12][15]. - The company is actively evaluating M&A opportunities that align with its strategic and financial criteria, with a growing pipeline of potential transactions [13].
JPMorganChase Announces Conference Calls to Review First-Quarter, Second-Quarter, Third-Quarter and Fourth-Quarter 2027 Earnings
Businesswire· 2026-03-04 21:20
Core Viewpoint - JPMorgan Chase & Co. has announced the schedule for its financial results conference calls for the year 2027, indicating a structured approach to financial communication with stakeholders [1]. Group 1: Conference Call Schedule - The first-quarter 2027 financial results will be reviewed on Tuesday, April 13, 2027, at 8:30 a.m. (Eastern) [1]. - The second-quarter 2027 financial results will be discussed on Tuesday, July 13, 2027, at 8:30 a.m. (Eastern) [1]. - The third-quarter 2027 financial results will be presented on Tuesday, October 12, 2027, at 8:30 a.m. (Eastern) [1]. - The fourth-quarter 2027 financial results will be reviewed on Friday, January 14, 2028, at 8:30 a.m. (Eastern) [1].