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Host Hotels & Resorts Named a Global Sustainability Leader on Dow Jones Sustainability World Index for the Sixth Consecutive Year

BETHESDA, Md., Jan. 09, 2025 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), has been named to the Dow Jones Sustainability World Index (DJSI World) for the sixth consecutive year, maintaining its position as a global sustainability leader. Additionally, the Company has been included in the DJSI North America for the eighth consecutive year. 

The DJSI World is comprised of corporate leaders in global sustainability across all industries as identified by S&P Global through the annual Corporate Sustainability Assessment (CSA). The index tracks the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index that lead the field in terms of sustainability. The Company was one of only four U.S. real estate investment trusts to make this prestigious list.

“We are proud to once again be recognized for our exceptional corporate responsibility program and achievements, which demonstrate our dedication to transparency, accountability and responsible investment,” said Mike Lentz, executive vice president of development, design & construction and executive sponsor of Host’s Corporate Responsibility program. “This acknowledgement underscores our dedication to making a positive impact on our industry and communities by prioritizing sustainability, innovation and responsible business practices as we seek to create long-term value while upholding the highest standards of environmental and social responsibility.”

This recognition reflects another remarkable year of progress and impact for our corporate responsibility program, including a number of recent milestones:

  • Expanded sustainable financing to nearly $5 billion to support investments in sustainable projects and green building certifications
  • Completed 720 projects with sustainability attributes over the past five years with $23 million in estimated annual utility savings representing 13-20% average cash-on-cash returns
  • Achieved four new LEED certifications for a total of 20 properties with LEED certification and another 17 projects in the pipeline
  • Reached our annual target of at least 90% of employees participating in charitable giving and/or volunteerism
  • Tripled the number of employees who participated in development programs through targeted learning and development opportunities
  • Exceeded our annual target of 85% engagement with 88% employees noted as highly engaged according to our most recent employee engagement survey

To learn more about the Company’s commitment to corporate responsibility along with our strong results, performance and progress, view the 2024 Corporate Responsibility Report and the Corporate Responsibility pages on the Company website. 

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit: www.spglobal.com/spdji.

ABOUT HOST HOTELS & RESORTS

Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 76 properties in the United States and five properties internationally totaling approximately 43,400 rooms. The Company also holds non-controlling interests in seven domestic and one international joint ventures.

SOURAV GHOSH

Chief Financial Officer
(240) 744-5267

 JAIME MARCUS

Investor Relations
(240) 744-5117
[email protected]



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NRSInsights’ December and Full Year 2024 Retail Same-Store Sales Report

December same-store sales increased 1.7% year-over-year 

Full year 2024 same-store sales increased 1.8% year-over-year

NEWARK, N.J., Jan. 09, 2025 (GLOBE NEWSWIRE) —

NRSInsights
, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative retail same-store sales results for December and the full year 2024.

As of December 31, 2024, the NRS retail network comprised approximately 34,300 active terminals nationwide, scanning purchases at approximately 30,000 independent retailers including convenience stores, bodegas, liquor stores, grocers, tobacco, and sundries sellers, predominantly serving urban consumers.


December Highlights

(Same-store sales, unit sales, transactions, and average price data refer to December 2024 and are compared to December 2023 unless otherwise noted. All comparisons are provided on a “per calendar day” basis to remove from consideration variability in the number of days per month.)

  • SALES
      • Same-store sales increased 1.7% year-over-year. In the previous month (November 2024), same-store sales had increased 6.6% year-over-year.
      • Same-store sales increased 0.5% compared to the previous month (November 2024). Same-store sales in November 2024 had increased 1.5% compared to the previous month (October 2024).
      • For the three months ended December 31, 2024, same-store sales increased 3.3% compared to the corresponding three months a year ago.
  • UNITS SOLD
    • Units sold decreased (0.5)% year-over-year. In the previous month (November 2024), the number of units sold had increased 4.5% year-over-year.
    • Units sold decreased (1.1)% compared to the previous month (November 2024). Units sold in November 2024 had decreased (0.4)% compared to the previous month (October 2024).
  • BASKETS (TRANSACTIONS) PER STORE
    • Baskets also decreased (0.5)% year-over-year. In the previous month (November 2024), transactions had increased 3.2% year-over-year.
    • Baskets decreased (3.4)% compared to the previous month (November 2024). Transactions in November 2024 had decreased (2.5)% compared to the previous month (October 2024).
  • AVERAGE PRICES
    • A dollar-weighted average of prices for the top 500 items purchased increased 2.4% year-over-year, a lower rate of increase than the 3.9% year-over-year increase recorded in November 2024.


Full Year 2024 Highlights

(Same-store sales, unit sales, transactions, and average price data refer to the full year 2024 and are compared to the full year 2023. All comparisons are provided on a “per calendar day” basis to remove from consideration the impact of the additional day in 2024, a leap year.)

  • Same-store sales increased 1.8% compared to 2023. In 2023, same-store sales had increased 5.2% compared to 2022.
  • Units sold increased 2.3% compared to 2023. In 2023, units sold had increased 6.4% compared to 2022.
  • Baskets (transactions per store) decreased (0.1)% compared to 2023. In 2023, baskets had increased 3.3% compared to 2022.
  • A dollar-weighted average of prices for the top 500 items purchased increased 2.3% compared to 2023. Prices in 2023 had increased 3.5% compared to 2022.


Commentary from Suzy Silliman


(SVP, Data Strategy and Sales at NRS)

DECEMBER 2024:

“December 2024 performance was relatively steady compared to December 2023. Sales increased modestly, largely because of nominal price increases, while transaction baskets and units sold decreased slightly. The timing of New Year’s Eve, which fell on a weekday in 2024 versus a weekend in 2023, contributed to softer traffic and sales across the NRS network during the final three days of the year.”

“Continuing a prominent trend of recent months, smokeless tobacco – driven by sales of oral pouches -, tequila, and prepared cocktails – including wine-based cocktails -, continued their strong year-over-year growth.

“In addition to the categories that performed well throughout December, several others experienced notable growth versus the year ago during the week leading up to Christmas Day/First day of Hanukkah. These categories were led by beverages and included beer/fermented malt beverages (FMBs)/cider/seltzer, soft drinks, vodka, whiskey, non-alcoholic beer, and energy beverages.

FULL YEAR 2024:

“The NRS network registered a modest increase of 1.8% in same-store sales in 2024 over 2023.

“Categories experiencing the largest net dollar increases in 2024 included smokeless tobacco, tequila, soft drinks, prepared cocktails, beer, FMB/cider/seltzer, wine-based cocktails, and rolling papers. The categories recording the largest percentage increases included prepared and wine-based cocktails, supplements, smokeless tobacco, non-alcoholic beer, performance nutrition shakes, pork rinds, and sparkling water.

“Categories experiencing the largest net dollar decreases included vape, cognac, cigarettes, confections, cow’s milk, ready-to-drink (RTD) coffee, meat snacks, fruit juice, sparkling wine, and chocolate. The categories recording the largest percentage decreases included cognac, vape, dessert bars, cookies, sparkling wine, and RTD coffee.

“The combination of pricing shifts and changes in consumer snacking habits driven by the popularity of GLP-1 agonists weight loss drugs suggests a strong likelihood that many categories that have traditionally experienced stability will be disrupted in the coming months.”


NRSInsights Reports

The NRSInsights monthly Same-Store Retail Sales Reports are intended to provide timely topline data reflective of sales at NRS’ network of independent, predominantly urban, retail stores.

Same-store data comparisons of December 2024 with December 2023 are derived from approximately 192 million transactions processed through the approximately 20,500 stores on the NRS network that scanned transactions in both months. Same-store data comparisons of December 2024 with November 2024 are derived from approximately 243 million transactions processed through approximately 28,600 stores.

Same-store data comparisons for the three months ended December 31, 2024 with the year-ago three months are derived from approximately 559 million scanned transactions processed through those stores that were in the NRS network in both quarters.

Same-store data comparison for the twelve months ended December 31, 2024 with the preceding twelve months are derived from approximately 1.8 billion scanned transactions processed through approximately 13,800 stores that were in the NRS network in both years.


NRS POS Platform

The NRS platform predominantly serves small-format, independent, retail stores nationwide including convenience stores, bodegas, liquor stores, grocers, tobacco, and sundries sellers. These independent retailers operate in all 50 states as well as the District of Columbia, and in 201 of the 210 designated market areas (DMAs) in the United States. During December 2024, NRS’ POS terminals processed $1.9 billion in sales (+17% year-over-year) across 125 million transactions (+14% year-over-year). During the twelve months ended December 31, 2024, NRS store terminals processed $20.9 billion in sales through approximately 1.5 billion transactions.


About National Retail Solutions (NRS):


National Retail Solutions
 operates the largest point-of-sale (POS) terminal-based platform and digital payment processing service for independent retailers nationwide. Retailers utilize NRS offerings to process transactions and effectively manage their businesses. Consumer packaged goods (CPG) suppliers, brokers, analytics firms, and advertisers access the terminal’s digital display network to reach these retailers’ predominantly urban, multi-cultural shopper base, and to harness transaction data-based learnings to identify growth opportunities and measure execution and returns on marketing investment. NRS is a subsidiary of IDT Corporation (NYSE: IDT).

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.


NRSInsights Contact:


Suzy Silliman
SVP, Data Strategy and Sales at NRS
National Retail Solutions
[email protected]


IDT Corporation Contact:


Bill Ulrey
[email protected]

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Regional Management Corp. to Report Fourth Quarter 2024 Results on Wednesday, February 5, 2025

Regional Management Corp. to Report Fourth Quarter 2024 Results on Wednesday, February 5, 2025

GREENVILLE, S.C.–(BUSINESS WIRE)–
Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it will report its fourth quarter 2024 results after the market closes on Wednesday, February 5, 2025.

The company will hold a conference call to discuss results at 5:00 PM ET on that day. A live webcast of the conference call will be available on Regional Management’s website at www.RegionalManagement.com. The dial-in number for the conference call is (877) 407-0752 (toll-free) or (201) 389-0912 (international). Please dial the number 10 minutes prior to the scheduled start time.

A webcast replay of the call will be available at http://www.RegionalManagement.com for one year following the call.

About Regional Management Corp.

Regional Management Corp. (NYSE: RM) is a diversified consumer finance company that provides attractive, easy-to-understand installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. Regional Management operates under the name “Regional Finance” online and in branch locations in 19 states across the United States. Most of its loan products are secured, and each is structured on a fixed-rate, fixed-term basis with fully amortizing equal monthly installment payments, repayable at any time without penalty. Regional Management sources loans through its multiple channel platform, which includes branches, centrally managed direct mail campaigns, digital partners, and its consumer website. For more information, please visit www.RegionalManagement.com.

Investor Relations

Garrett Edson, (203) 682-8331

[email protected]

KEYWORDS: South Carolina United States North America

INDUSTRY KEYWORDS: Banking Personal Finance Professional Services Finance

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Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI and Data Intelligence Solutions Leader, to Fuel Further Rapid Growth

Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI and Data Intelligence Solutions Leader, to Fuel Further Rapid Growth

CHATSWORTH, Calif. & NEW YORK–(BUSINESS WIRE)–
DDN, a global leader in AI and data intelligence solutions, today announced it has received a $300 million investment from funds managed by Blackstone Tactical Opportunities (“Blackstone”) at a $5 billion valuation. The investment will be used to help fund DDN’s continued rapid growth as it serves its customers’ fast-expanding AI and high-performance computing (HPC) software and infrastructure needs.

Founded in 1998, DDN has thousands of customers and supports over 500,000 NVIDIA GPUs for organizations ranging from top financial services, life sciences, and public sector clients to AI hyperscalers and cloud providers such as xAI and Lambda. DDN high-performance data intelligence platform is used to power NVIDIA clusters. DDN’s solutions help make data rapidly accessible for analysis and processing at high throughput and low latency – which are critical to helping power highly data-intensive AI and HPC workloads and ensuring maximum GPU utilization for the best performance and return on investment possible. Building on its two-decade heritage as a leader in high-performance storage, the company is a partner of choice for leading organizations seeking to implement scalable, reliable, and secure AI applications that deliver tangible business outcomes. DDN’s platform enables rapid data ingestion, real-time processing, and significantly faster insight generation—accelerating enterprise deployments of LLMs, Gen AI, and RAG for customer-facing applications, predictive analytics, and operational improvements.

“Blackstone’s support accelerates our mission to redefine the enterprise AI infrastructure category and scale at an even faster rate,” said Alex Bouzari, CEO and Co-Founder of DDN. “By fueling our mission to push the boundaries of data intelligence, we believe we can empower organizations worldwide with next-level AI solutions that drive groundbreaking innovation and deliver significant returns on their investments.”

“This investment enables us to execute our strategy to bring enterprise-grade AI solutions to companies of all sizes, transforming industries and delivering measurable outcomes,” said Paul Bloch, President and Co-Founder of DDN. “DDN is laser-focused on solving real AI business challenges, from accelerating LLM deployments to enhancing inferencing, so our customers can unlock their data’s potential and achieve tangible ROI faster than ever.”

Jas Khaira, Head of Blackstone Tactical Opportunities, Americas, said: “The digital infrastructure powering the AI revolution continues to be among our highest conviction investment themes at Blackstone. DDN’s solutions are trusted by many of the most important AI companies in the world and are critical to the next phase of development for transformative AI deployments. We are thrilled to be the first institutional investor in DDN and help further strengthen its market leadership for high-intensity AI workloads.”

John Watson, Managing Director at Blackstone, said: “Alex and Paul have built a highly innovative business that is poised to help further propel the exponential growth in artificial intelligence. We’re excited to partner with them and their team to further expand DDN’s reach and solutions in the years to come for the benefit of their customers.”

Blackstone is a leader in investing in the digital infrastructure driving AI innovation. Blackstone is the largest data center provider in the world with holdings across the U.S., Europe, India, and Japan. The company also recently made majorinvestments in CoreWeave, a specialized provider of critical cloud infrastructure pioneering the AI revolution.

BofA Securities acted as the exclusive financial advisor to DDN in connection with the transaction.

For more information about DDN’s mission to transform data intelligence and redefine enterprise AI, visit www.ddn.com, DDN blog, and register for “Beyond Artificial“.

About Blackstone

Blackstone is the world’s largest alternative asset manager. We seek to deliver compelling returns for institutional and individual investors by strengthening the companies in which we invest. Our more than $1.1 trillion in assets under management include global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries, and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

About DDN

DDN is the world’s leading AI and data intelligence company, empowering organizations to maximize the value of their data with end-to-end HPC and AI-focused solutions. Its customers range from the largest global enterprises and AI hyperscalers to cutting-edge research centers, all leveraging DDN’s proven data intelligence platform for scalable, secure, and high-performance AI deployments that drive 10x returns. Follow DDN: LinkedIn, X, and YouTube.

Media:

Outcast for DDN

Brian Cronkhite: [email protected]

Matt Anderson for Blackstone

[email protected]

KEYWORDS: California New York United States North America

INDUSTRY KEYWORDS: Other Professional Services Software Data Analytics Asset Management Artificial Intelligence Data Management Professional Services Technology

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Redfin Reports U.S. Asking Rents Ended 2024 at the Lowest Level in Nearly Three Years

Redfin Reports U.S. Asking Rents Ended 2024 at the Lowest Level in Nearly Three Years

The median asking rent fell to $1,594 in December, down 0.3% year over year

SEATTLE–(BUSINESS WIRE)–
(NASDAQ: RDFN)—The median U.S. asking rent fell 0.3% year over year in December to $1,594—the lowest level since March 2022. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

The median asking rent was down 0.1% from a month earlier, and down 6.2% from its August 2022 record high of $1,700.

The median asking rent per square foot dropped 1.9% year over year in December to $1.78, and fell 0.1% month over month.

Asking rents have been inching down because an influx of supply has left apartment owners with rising vacancies. Apartment completions surged 58.1% year over year to the highest level since 1974 in the third quarter—the most recent period for which data is available. As a result, the vacancy rate for buildings with five or more units rose to 8%, the highest since early 2021.

“We’re kicking off 2025 in a renter’s market, with many renters finding that apartments cost less than a year ago—especially in the Sun Belt,” said Redfin Senior Economist Sheharyar Bokhari. “While asking rents declined in 2024, they may not have much further to fall this year given that apartment construction has begun to slow.”

Asking rents fell across all apartment types, with 3+ bedrooms seeing the largest decline

Asking rents fell across all bedroom counts for the sixth consecutive month in December.

The median asking rent for 0-1 bedroom apartments fell 1% year over year to $1,449. For 2 bedroom apartments, it declined 0.6% to $1,665, and for 3+ bedroom apartments, it dropped 2.5% to $1,950.

 

Median asking rent

YoY change in median asking rent

Median asking rent per square foot

YoY change in median asking rent per square foot

0-1 bedroom apartments

$1,449

-1%

$2.05

-2.3%

2 bedroom apartments

$1,665

-0.6%

$1.60

-1%

3+ bedroom apartments

$1,950

-2.5%

$1.49

-2.2%

Asking rents fell fastest in Austin, now 23% below their all-time high

In Austin, TX, the median asking rent dropped 16.3% year over year in December—the largest decline among the 44 major U.S. metropolitan areas Redfin analyzed. At $1,393, Austin’s median asking rent last month was 22.6% below its August 2023 record high.

Florida is home to the two metros that posted the next steepest declines: Tampa (-10.4%) and Jacksonville (-6.7%). Next came Nashville (-6.3%) and New York (-4.6%).

Asking rents are falling most in the Sun Belt because the region has been building a lot of housing, and because in some areas, rents are coming back down to earth after rising to unsustainable levels during the pandemic moving frenzy.

Rents rose most in Providence, RI (12.6% YoY), followed by Virginia Beach, VA (10.9%), Louisville, KY (10%), Baltimore (10%) and Buffalo, NY (9.4%).

To view the full report, including a chart, metro-level summary and methodology, please visit:

https://www.redfin.com/news/rental-tracker-december-2024

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country’s #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we’ve saved customers more than $1.6 billion in commissions. We serve approximately 100 markets across the U.S. and Canada and employ over 4,000 people.

Redfin’s subsidiaries and affiliated brands include: Bay Equity Home Loans®, Rent.™, Apartment Guide®, Title Forward® and WalkScore®.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email [email protected]. To view Redfin’s press center, click here.

Contact Redfin

Redfin Journalist Services:

Kenneth Applewhaite

[email protected]

KEYWORDS: Rhode Island Florida Washington Maryland Virginia New York Kentucky Texas United States North America

INDUSTRY KEYWORDS: Professional Services Technology Residential Building & Real Estate Finance Construction & Property Internet

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GeneDx Introduces New Telehealth Pathway to Expand Access to Exome Testing for Parents Seeking Answers

GeneDx Introduces New Telehealth Pathway to Expand Access to Exome Testing for Parents Seeking Answers

STAMFORD, Conn.–(BUSINESS WIRE)–
GeneDx (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic insights, today announced a new way to provide genetic counseling and test-ordering services for patients and families seeking access to genetic testing. The new telehealth testing pathway aims to shorten the diagnostic odyssey by connecting parents directly with genetic experts, increasing access to exome and genome testing.

Despite mounting clinical evidence for the benefits of exome testing in delivering a definitive diagnosis for rare disease patients, many individuals face barriers to access comprehensive genetic testing. The average time to an accurate diagnosis remains approximately 4-5 years, and in some populations, it can extend up to a decade. 1 At the same time, a child with neurodevelopmental disorders is likely to accrue over $10,000 in additional health costs and undergo more than 5 uninformative tests. 2 Every day that a child with a rare disease waits for a genetic diagnosis, their families lose the opportunity for disease-specific care plans, better resources, and the positive psychological impacts of improved understanding and support. Currently, the system presents significant challenges for parents seeking answers for their children’s unexplained symptoms, with wait times for medical genetics and developmental/behavioral pediatricians increasing significantly over the past three years.3

“GeneDx understands that a genetic diagnosis can be life-changing for families, offering crucial insights that inform personalized care and treatment, which can lead to significantly improved health outcomes, including gene therapies and proactive condition management,” said Dr. Paul Kruszka, MD, FACMG, Chief Medical Officer at GeneDx. “GeneDx is steadfast in our commitment to increasing access to exome and genome testing by responsibly removing the systematic barriers that have previously prevented patients and families from accessing this critical testing.”

Too many children experience symptoms without a clear answer as to why. Meanwhile, genetic tests exist that may provide the answers these families desperately need. To bridge that gap, GeneDx is working with a leading telehealth genetics provider, to enable an easier way for parents to access actionable, accurate genetic testing for their child by streamlining the referral process to better support patients and families in need of exome testing. Parents can schedule testing, appointments, and receive a diagnosis in as soon as five weeks by visiting GeneDx.com/get-exome.

GeneDx’s commitment to expanding access to testing extends beyond enabling new channels and focuses on ensuring all patients have equitable access to care. Recent findings highlight that racial disparities in delivering precise genetic diagnoses are due to limited access to testing, not differences in diagnostic yield across diverse populations. By expanding access to GeneDx’s exome and genome testing, more patients can benefit from the genomic insights of over 700,000 exomes and genomes, increasing the likelihood of obtaining definitive diagnoses.

About GeneDx

At GeneDx (Nasdaq: WGS), we believe that everyone deserves personalized, targeted medical care—and that it all begins with a genetic diagnosis. Fueled by one of the world’s largest rare disease data sets, our industry-leading exome and genome tests translate complex genomic data into clinical answers that unlock personalized health plans, accelerate drug discovery, and improve health system efficiencies. For more information, please visit genedx.com and connect with us on LinkedIn, X, Facebook, and Instagram.

References:

  1. Marwaha S, Knowles JW, and Ashley EA. A guide for the diagnosis of rare and undiagnosed disease: beyond the exome. Genome Med. 2022 Feb 28;14(1):23. doi: 10.1186/s13073-022-01026-w.

  2. Soden SE, Saunders CJ, Willig LK, et al. Effectiveness of exome and genome sequencing guided by acuity of illness for diagnosis of neurodevelopmental disorders. Sci Transl Med. 2014 Dec 3;6(265):265ra168. doi: 10.1126/scitranslmed.3010076.

  3. Klima, T. (2023). Access to Pediatric Specialty Care in California: Results of The Children’s Specialty Care Coalition 2022 Member Survey (pp. 1–11). California: Practical Research Solutions.

Investor Relations Contact:

[email protected]

Media Contact:

[email protected]

KEYWORDS: Connecticut United States North America

INDUSTRY KEYWORDS: Health Telemedicine/Virtual Medicine Health Technology Genetics Other Health General Health Clinical Trials

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Manhattan Debuts Postgame Spotlight, a Rich Analytics Tool to Optimize Fulfillment Performance

Manhattan Debuts Postgame Spotlight, a Rich Analytics Tool to Optimize Fulfillment Performance

Latest offering provides guidance for improved inventory allocation, enabling retailers to overcome fulfillment constraints, reducecosts and increase overall profitability

ATLANTA–(BUSINESS WIRE)–Manhattan Associates (NASDAQ: MANH), the global leader in supply chain commerce, today announced the availability of Postgame Spotlight, a capability brought to life through a real-time dashboard, that highlights inventory allocation and placement decisions that limit order fulfillment performance. The solution provides real-time scenario analytics and actionable recommendations that can be shared with inventory planners to eliminate inventory deployment mistakes and reduce order fulfillment costs.

Recent advancements in online commerce and the introduction of new omnichannel fulfillment options are straining traditional supply chains. Modern order management systems strive to overcome the additional complexity and optimize order fulfillment with advanced sourcing logic, but physical constraints, such as poor initial inventory placement, often result in suboptimal routing choices and increased fulfillment costs.

Part of Manhattan Active® Order Management, Postgame Spotlight works by calculating the percentage of orders fulfilled from the best locations and identifies the factors that forced the system to divert orders to alternate locations. The solution examines the factors that negatively influence fulfillment efficacy—including the placement and levels of the required inventory, store resource capacity, and discrepancies in store service levels – to uncover improvement opportunities.

“Postgame Spotlight is a great companion to the Fulfillment Insights capability Manhattan introduced last year. While Fulfilment Insights helps retailers compare their performance to their peers, Postgame Spotlight helps look inward to quickly pinpoint opportunities to enhance inventory performance and profitability,” said Amy Tennent, senior director of Product Management for Manhattan.

For a demo and more details, visit Manhattan’s Booth #5121 at NRF 2025.

About Manhattan Associates

Manhattan Associates is a global technology leader in supply chain and omnichannel commerce. We unite information across the enterprise, converging front-end sales with back-end supply chain execution. Our software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for our customers.

Manhattan Associates designs, builds and delivers leading edge cloud and on-premises solutions so that across the store, through your network or from your fulfillment center, you are ready to reap the rewards of the omnichannel marketplace. For more information, please visit www.manh.com.

Receive up-to-date product, customer and partner news directly from Manhattan Associates on Twitter, LinkedIn and Facebook.

Devika Goel

Manhattan Associates

470-435-1566

[email protected]

KEYWORDS: Georgia United States North America

INDUSTRY KEYWORDS: Technology Other Retail Electronic Commerce Professional Services Software Data Analytics Data Management Supply Chain Management Retail Online Retail

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Arch Capital Group Ltd. to Report 2024 Fourth Quarter Results on February 10

Arch Capital Group Ltd. to Report 2024 Fourth Quarter Results on February 10

PEMBROKE, Bermuda–(BUSINESS WIRE)–
Arch Capital Group Ltd. (NASDAQ: ACGL, “the Company”) today announced it expects to release its 2024 fourth quarter results after the close of regular stock market hours on Monday, February 10. The Company will hold a conference call for investors and analysts at 11 a.m. ET on Tuesday, February 11.

A live webcast of this call will be available via the Investors section of the Company’s website at http://www.archgroup.com/investors.

A recording of the webcast will be available in the Investors section of the Company’s website approximately two hours after the event concludes and will be archived on the site for one year.

About Arch Capital Group Ltd.

Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $25.0 billion in capital at Sept. 30, 2024. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.

Cautionary Note Regarding Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward−looking statements. This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward−looking statements, which reflect the Company’s current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward−looking statements.

Forward−looking statements can generally be identified by the use of forward−looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” or their negative or variations or similar terminology. Forward−looking statements involve the Company’s current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and the Company’s ability to maintain and improve its ratings; investment performance; the loss of key personnel; the adequacy of the Company’s loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events, including the effect of contagious diseases on our business; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; ability to successfully integrate, establish and maintain operating procedures as well as integrate the businesses the Company has acquired or may acquire into the existing operations; changes in accounting principles or policies; material differences between actual and expected assessments for guaranty funds and mandatory pooling arrangements; availability and cost to the Company of reinsurance to manage our gross and net exposures; the failure of others to meet their obligations to the Company; an incident, disruption in operations or other cyber event caused by cyber attacks, the use of artificial intelligence technologies or other technology on the Company’s systems or those of the Company’s business partners and service providers, which could negatively impact the Company’s business and/or expose the Company to litigation; and other factors identified in our filings with the U.S. Securities and Exchange Commission (SEC).

The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward−looking statements attributable to us or persons acting on the Company’s behalf are expressly qualified in their entirety by these cautionary statements. The Company’s forward-looking statements speak only as of the date of this press release or as of the date they are made, and the Company undertakes no obligation to publicly update or revise any forward−looking statement, whether as a result of new information, future events or otherwise.

arch-corporate

Arch Capital Group Ltd.

François Morin

(441) 278-9250

KEYWORDS: Bermuda Caribbean

INDUSTRY KEYWORDS: Professional Services Insurance Finance

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Amentum Awarded $447 Million Air Forces Prepositioned Asset Management Services Program

Amentum Awarded $447 Million Air Forces Prepositioned Asset Management Services Program

CHANTILLY, Va.–(BUSINESS WIRE)–
Amentum (NYSE: AMTM), a global leader in advanced engineering and technology solutions, has been awarded the Air Forces Central Command Global Prepositioned Materiel Services (GPMS) contract to deliver and modernize prepositioned storage and maintenance solutions. The contract, valued at $447 million, assures mission readiness at scale.

“This win demonstrates our expertise in delivering smart asset management solutions that maximize efficiency, extend asset lifecycles, and drive measurable value for customers,” said Dr. Karl Spinnenweber, President, Amentum Mission Solutions business group. “This contract win shows our leadership in asset management, particularly during contingency operations when mission readiness is paramount.”

Amentum will leverage proven technologies for smart asset management and a customized Data Management System (DMS) tailored to meet GPMS requirements. These proven Amentum solutions ensure assets are managed efficiently and in line with the rigorous standards of the U.S. military.

“Our team’s dedication to innovation sets us apart as a leader in providing tailored advanced engineering and technology solutions to our customer’s unique challenges,” said Joe Kelly, SVP, Sustainment Analytics business line at Amentum.

About Amentum

Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to address their most significant and complex challenges in science, security and sustainability. Our people apply undaunted curiosity, relentless ambition and boundless imagination to challenge convention and drive progress. Our commitments are underpinned by the belief that safety, inclusion and well-being are integral to success. Headquartered in Chantilly, Virginia, we have more than 53,000 employees in approximately 80 countries across all 7 continents.

Visit us at amentum.com to learn how we advance the future together.

Follow @Amentum_corp on X

Follow Amentum on LinkedIn

Media Contact:

Dave Hylton

[email protected]

Investor Contact:

Nathan Rutledge

[email protected]

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Public Policy/Government Defense State/Local Contracts Asset Management Consulting Professional Services Homeland Security

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AIG Appoints Christopher Flatt Global Chief Underwriting Officer

AIG Appoints Christopher Flatt Global Chief Underwriting Officer

NEW YORK–(BUSINESS WIRE)–
American International Group, Inc. (NYSE: AIG) today announced that Christopher Flatt, currently Head of AIG North America Alternative Channels, has been named Global Chief Underwriting Officer, effective immediately. Mr. Flatt will report directly to Peter Zaffino, Chairman & Chief Executive Officer, AIG and join the company’s Executive Leadership Team.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250109308109/en/

Christopher Flatt (Photo: Business Wire)

Christopher Flatt (Photo: Business Wire)

“Chris is a highly respected insurance executive with over 30 years of experience in underwriting, risk management and reinsurance,” said Peter Zaffino, Chairman & Chief Executive Officer of AIG. “I have worked with Chris for many years and have been able to observe his ability to deliver exceptional business and underwriting results. With his diverse insurance background and proven leadership track record of success, Chris will continue to deliver tremendous value as our Global Chief Underwriting Officer.”

Mr. Flatt stated: “I am honored to step into this role and lead AIG’s dedicated underwriting team. I look forward to working with our technical experts around the world to continue advancing our culture of underwriting excellence and shape the future of underwriting at AIG.”

Prior to joining AIG in 2017, Mr. Flatt held various leadership roles at Marsh McLennan for over 15 years. Previously he served in senior underwriting positions at GE Capital and ITT Hartford, where he began his career. As Global Chief Underwriting Officer, Mr. Flatt succeeds Christopher Schaper, who was appointed Chief Risk Officer of AIG in November 2024.

Erin Fry, President of Glatfelter & EVP of AIG Commercial Lines Programs, will succeed Mr. Flatt, and has been promoted to Head of AIG North America Alternative Channels, effective immediately. She will report directly to Don Bailey, Executive Vice President & Chief Executive Officer, North America Insurance, AIG.

About AIG

American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. For additional information, visit www.aig.com. This website with additional information about AIG has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide operations of American International Group, Inc. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property casualty coverages may be provided by a surplus lines’ insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

Quentin McMillan (Investors): [email protected]

Claire Talcott (Media): [email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Insurance Professional Services

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Christopher Flatt (Photo: Business Wire)