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PNM Resources Shareholders Approve Proposed AVANGRID Merger
February 12, 2021 GMT
ORANGE, Conn. (BUSINESS WIRE) Feb 12, 2021
AVANGRID, Inc. (NYSE: AGR), a leading clean energy company, marked an important milestone in its proposed PNM Resources, Inc. (NYSE: PNM) merger as PNM Resources’ shareholders voted [overwhelmingly] in favor of the transaction.
AVANGRID announced the strategic PNM Resources merger combination in October 2020 in an all cash offer for PNM Resources’ shares at $50.30 per share, an $8.3 billion enterprise value transaction. The resulting entity would be one of the major clean energy companies in the US with ten regulated utilities in six states and the third largest renewables company with operations in 24 states.
Customer Participation in PGE s Green Future Impact Program Catalyzes New Renewable Energy Facility
Intel Corp. enabled PGE agreement with Avangrid Renewables to add 138-megawatts of new renewable energy, filling program s original capacity
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PORTLAND, Ore., Feb. 11, 2021 /PRNewswire/ Portland General Electric (NYSE:POR) today announced that Intel (NASDAQ:INTC) has joined PGE s Green Future
SM Impact program. Intel s participation is enabling PGE to enter into a 15-year agreement with Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE:AGR), to purchase clean, emissions-free energy from a new 138-megawatt solar facility that will be developed in Wasco County, Oregon. Intel s purchase is the single largest in PGE s program; the company joins 17 other businesses and municipalities that have committed to purchase clean power through the Green Future Impact program, filling the program s original 300-me
Press release content from Business Wire. The AP news staff was not involved in its creation.
Allianz Life Named a Top 100 Company for Learning and Development
February 9, 2021 GMT
MINNEAPOLIS (BUSINESS WIRE) Feb 9, 2021
Training magazine. This is the eighth consecutive year Allianz Life has been included on the list, which recognizes companies for their strong learning and development programs. This year, Allianz Life came in at number 25.
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“Empowering our employees to continue to learn, grow, and evolve their careers is one of the key components of our award-winning culture at Allianz Life,” said Jenny Guldseth, chief human resources officer, Allianz Life. “We continuously adapt our learning programs to meet the ever-changing needs of our employees and the world around us.”
Realogy Issues 2020 Corporate Social Responsibility Report
Company behind leading real estate services and brands highlights commitment to operating responsibly while navigating change in an extraordinary year
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MADISON, N.J., Feb. 9, 2021 /PRNewswire/ Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, today released the 2020 edition of the Realogy Corporate Social Responsibility (CSR) Report. Looking back on a year when the importance of home was more meaningful than ever, this year s report highlights the ways Realogy - supported by its employees and affiliates - stayed true to its values and reinforced its commitment to operating responsibly in a changing world.
2 months ago
Fourth Quarter 2020
U.S. and Canada segment revenues up 16%; eOne segment revenues up 10%
Revenues up 21% in Hasbro Gaming and 27% across the total gaming category, 20% in TV/Film/Entertainment and 7% in Franchise Brands
Operating profit of $186.4 million; Net earnings for the fourth quarter 2020 were $105.2 million or $0.76 per diluted share
Adjusted operating profit increased 51% to $261.4 million, or 15.2% of revenues, an expansion of 480 basis points year-over-year
Adjusted net earnings of $175.3 million, or $1.27 per diluted share
Full-Year 2020
Year-end cash of $1.45 billion; Generated $976.3 million in operating cash flow for the full-year 2020
Net revenues of $5.47 billion decreased 8%, including an unfavorable $16.2 million impact of foreign exchange