Fortune 500 Executives, Out Leaders Congratulate Apple’s Tim Cook on Coming Out Publicly Oct 31, 2014 12:24PM

  • Commentary from Out Leadership member firm leaders including:
    • Jacques Brand (CEO, Deutsche Bank North America)
    • Lloyd Blankfein (CEO and Chairman, Goldman Sachs)
    • Lord John Browne (Managing Director of Riverstone Holdings)
    • Trevor Burgess (CEO, C1 Financial)
    • Pat Burke (President & CEO, HSBC USA)
    • Dan O’Connell (CEO of Vestar Capital Partners)
    • John Roberts (Partner, Denver Financial)

NEW YORK--(BUSINESS WIRE)-- Out Leadership, a strategic advisory firm dedicated to cultivating LGBT and ally senior leaders to create global business opportunity and drive equality forward, congratulates Apple CEO Tim Cook on the occasion of his coming out publicly.

“While Tim Cook chose to publicly identify himself as gay for the first time yesterday, he and Apple have long been allies to the LGBT community,” said Todd Sears, Out Leadership’s Founder. “We particularly applaud his choice to use this moment to underline the business case for diversity and the value of out leaders in the boardroom.”

“Though Cook may not consider himself an activist, the fact that the leader of the world’s most valuable company is proud to be gay will no doubt reverberate globally,” Sears continued. “Apple is admired and emulated worldwide, including in many places that have historically been unwelcoming to LGBT people and professionals. Today it’s going to be a bit harder to both love your iPhone and be a homophobe.

“Out Leadership’s member firms, including the executives below, join me in congratulating Tim Cook on his historic step forward. We thank him for his leadership and hope his example will inspire LGBT business leaders around the world to claim their identities with pride. We wish him the very best.”

Jacques Brand, CEO of Deutsche Bank North America. (Deutsche Bank will host the third annual Out on the Street: Europe Summit at its headquarters in the city of London on 10 November 2014):

“Apple has inspired us yet again. We applaud Tim for his personal and powerful message and Apple for its long-standing commitment to diversity.”

Lloyd Blankfein, CEO and Chairman of Goldman Sachs and member of the Out Leadership Advisory Board:

"His words resonate, especially the importance of a workplace that embraces people's differences.”

Lord John Browne, Managing Director of Riverstone Holdings and member of the Out Leadership Advisory Board:

“Significant moment for Tim Cook, Apple and LGBT people everywhere. He’ll change the corporate world.”

Trevor Burgess, CEO C1 Financial:

“Tim Cook is an American Dream story – he serves as a shining example that you can be who you are, you can be gay, and become the CEO of the most valuable company in the world.”

Pat Burke, President & CEO, HSBC USA:

“Tim Cook has taken a bold step and should be congratulated for doing so. His action raises the importance of leading from the front and robustly paves the way for others.”

Dan O’Connell, CEO and Founder of Vestar Capital Partners:

“Tim Cook is brave, unselfish and caring...his decision to come forward is already having a huge positive impact...not only is he a great CEO but he is a great leader and true American.”

John Roberts, Partner, Denver Investments and founder of the Workplace Equality Index:

“Tim Cook’s eloquent statement reinforces what many now call the ‘return on equality™.’ His character and truthfulness are traits that tend to shape corporate performance, especially among equality-minded corporations like Apple. Put simply, Cook’s example mirrors Apple’s own commitment to global equality.”

Roberts also noted that Apple is among the 164 U.S. companies that appear on the Workplace Equality Index, an innovative stock market benchmark that educates investors about the performance of corporate leaders in LGBT equality.

“Out Leadership’s research with LGBT senior executives has shown that the most important factor influencing a leader’s decision to come out is knowing that their peers are allies of the LGBT community,” Sears said. “We’ve had 63 Fortune 500 CEOs stand up as allies at our global summits, but we can only imagine the impact of Tim Cook’s announcement on future leaders.”

About Out Leadership

Out Leadership, a recognized global strategic advising firm that connects leaders across the world’s most influential industries to create business opportunities, cultivate talent and drive LGBT equality forward. Comprised of 54 member firms from across the financial, legal, and insurance sector, Out Leadership operates three industry-specific verticals: Out on the StreetOut in Law, and Out in Insurance. Each vertical hosts cutting-edge programming and international summits for its industry, as well as offering unique opportunities for cross-industry collaboration. In addition to these verticals, Out Leadership created and operates OutNEXT, the first global leadership initiative for the next generation of LGBT talent. Out Leadership is a certified B Corporation.

For more information, please visit www.outleadership.org.

For media inquiries and registration:

Out Leadership

Dave Hughes, 917-336-0604 ext 709

Director of Communications

Dave.Hughes@outleadership.org

or

Jacob Tobia, 917-336-0604 ext 708

Fellow

Jacob.Tobia@outleadership.org

Source: Out Leadership


Emera Q3 Conference Call Time Change Oct 31, 2014 12:23PM

HALIFAX, Nova Scotia--(BUSINESS WIRE)-- Today Emera (EMA:TSX) announced it will be changing the time of its Q3 2014 financial results teleconference from 4:00pm Atlantic time to 5:00pm Atlantic time on Friday November 7th, 2014 (4:00pm Toronto/Montreal/New York; 3:00pm Winnipeg; 2:00pm Calgary; 1:00pm Vancouver). Emera’s Q3 2014 earnings will be released as scheduled earlier that day.

Analysts and other interested parties in North America wanting to participate in the call should dial 1 (888) 241-0394 at least 10 minutes prior to the start of the call. International participants wanting to participate should dial (647) 427-3413. No pass code is required. The teleconference will be recorded. If you are unable to join the teleconference live, you can dial for playback, toll-free at 1-855-859-2056. The Conference ID is 14569934 (available until midnight, November 25, 2014).

The teleconference will also be web cast live at emera.com and available for playback for one year.

About Emera

Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia with $9.07 billion in assets and 2013 revenues of $2.2 billion. The company invests in electricity generation, transmission and distribution, as well as gas transmission and utility energy services. Emera's strategy is focused on the transformation of the electricity industry to cleaner generation and the delivery of that clean energy to market. Emera has investments throughout northeastern North America, and in four Caribbean countries. Approximately 80% of the company's reported net income in 2013 came from regulated investments. Emera common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.C, EMA.PR.E, and EMA.PR.F. Additional Information can be accessed at www.emera.com or at www.sedar.com.

Emera Inc.

Scott LaFleur, 902-428-6375

Acting Manager, Investor Relations

Source: Emera Inc.


A.M. Best Affirms Debt Rating of Northwind Holdings, LLC Oct 31, 2014 12:22PM

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has affirmed the debt rating of “a” on $800 million of Series A Floating Rate Insured Notes due 2037 (notes) issued by Northwind Holdings, LLC (Northwind Holdings), a Delaware limited liability company and wholly owned subsidiary of Unum Group (Unum) (Chattanooga, TN). The outlook is stable.

Northwind Holdings was formed for the limited purpose of holding the stock of Northwind Re, Inc. (Northwind Re), issuing the notes and engaging in other activities incidental to the performance of its duties. Northwind Holdings is the sole shareholder of Northwind Reinsurance Company, a special purpose financial captive insurance company domiciled in Vermont. Northwind Re was established to provide reinsurance coverage to three Unum subsidiaries, Provident Life and Accident Insurance Company, The Paul Revere Life Insurance Company and Unum Life Insurance Company of America, as well as to facilitate the funding of a portion of the capital required to support a closed block of individual disability income policies.

A.M. Best’s rating action takes into consideration Unum’s operating subsidiaries’ current financial strength rating of A (Excellent) and issuer credit ratings of “a”; the adequacy of the excess cash flows at Northwind Re available to be transferred as dividends to Northwind Holdings to service the notes; the ability to meet or exceed certain benchmarks (e.g., principal note payment, dividend distribution, reserve balances, etc.) relative to its plan and forecast; and the performance of its investment portfolio, which primarily consists of investment-grade securities and is the primary source of funds to pay ongoing claims. No consideration was given for payment assurance or support provided by MBIA Insurance Corporation, the financial guarantor, which ensures the timely payment of scheduled interest and the repayment of principal at maturity to the note holders.

Northwind Holdings’ debt rating and outlook may come under negative pressure if an unfavorable earnings trend develops over a prolonged period or if certain benchmarks are not achieved or deteriorate relative to its plan and forecast. However, the debt rating and outlook could benefit if a favorable trend in the company’s operating performance increases or certain benchmarks exceed the plan and forecast.

For access to special reports, analytical methodologies and transactions relating to insurance-linked securities, please visit http://www3.ambest.com/sfc/.

The methodology used in determining this rating is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Best’s Credit Rating Methodology can be found at www.ambest.com/ratings/methodology.

Key insurance criteria report utilized:

  • Rating Closed-Block Monetizations

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2014 by A.M. Best Company, Inc. ALL RIGHTS RESERVED

A.M. Best Company, Inc.

Yuhmei Chen, 908-439-2200, ext. 5236

Senior Financial Analyst,

Insurance-Linked Securities

yuhmei.chen@ambest.com

or

Elmo W. Chin, 908-439-2200, ext. 5227

Assistant Vice President,

Insurance-Linked Securities

elmo.chin@ambest.com

or

Christopher Sharkey, 908-439-2200, ext. 5159

Manager, Public Relations

christopher.sharkey@ambest.com

or

Jim Peavy, 908-439-2200, ext 5644

Assistant Vice President, Public Relations

james.peavy@ambest.com

Source: A.M. Best Company, Inc.


Voya Prime Rate Trust (NYSE: PPR) Dividend Declaration Oct 31, 2014 12:21PM

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Voya Prime Rate Trust (NYSE: PPR):

TO: Interested Parties    
 
DATE: October 31, 2014
 

The following dividend information is for the 31 days of October for Voya Prime Rate Trust (CUSIP No. 92913A 10 0):

 
 
 
 

 

DIVIDEND: $0.0290

 

 

Declaration Date: 10/31/14

 

 

Ex. Date: 11/6/14

 

 

Record Date: 11/10/14

 

 

Payable Date: 11/24/14

 
 

Voya Investment Management Co. LLC

Dan Norman

7337 E. Doubletree Ranch Road

Sr. Vice President

Scottsdale, AZ 85258

Phone: (480)477-2112

Fax: (860)275-2905

 
 

If you would like to receive this Dividend Declaration via email,

please email Bonnie.Dacier@voya.com

Voya Prime Rate Trust

Dan Norman, 480-477-2112

Source: Voya Prime Rate Trust


Return Path Names Marketing Technology Industry Veteran Scott Roth Chief Marketing Officer Oct 31, 2014 12:20PM

NEW YORK, NY (PRWEB) October 31, 2014

Return Path today announced that marketing technology industry veteran Scott Roth has joined the company as chief marketing officer. Roth will lead Return Path's global market awareness, demand generation, and brand development initiatives as the company intensifies its focus on email marketing optimization and email fraud protection, and expands its data-driven consumer intelligence offerings.

Roth was most recently vice president of global marketing for Salesforce Marketing Cloud, helping the organization achieve 50% annual growth, rapid expansion into Asia, Europe, and Latin America, and a successful IPO as ExactTarget, which was then acquired by Salesforce.com in 2013. During his six-year tenure the company grew from a specialized email marketing solution into the world's leading cloud marketing platform. Previously Roth led marketing functions for web analytics provider Webtrends, helping to position the company atop a highly competitive and rapidly evolving category.

"Scott's leadership experience and deep knowledge of the marketing technology landscape can take our business to the next level," said founder and CEO Matt Blumberg. "The chance to add a talent like his to the Return Path executive team came at a perfect time for us as we tackle a series of big, new opportunities. Scott's industry background and track record is an ideal fit for the marketing challenges that rapid growth like ours can create."

Return Path remains committed to investing in marketing analytics technology, recently winning a US patent for a component of its inbox placement solution. The 2014 expansion of the company's certification offering into Russia and the development of its email security and competitive intelligence solutions have introduced Return Path to new markets and new audiences. Roth will assume responsibility for maintaining and building a cohesive, global brand identify as the company continues to grow.

"Return Path's reputation and leadership in the email analytics community positions the company to guide marketers through two profoundly disruptive industry challenges: the data-driven marketing technology revolution and the increasingly digital and mobile economy. This role is a chance to bring solutions to market that will change the way brands connect with consumers, within and beyond the email channel," Roth said. "The marketing landscape is shifting every day, and Return Path's relationships and insight have created an amazing growth opportunity. I'm excited to be part of it."

About Return Path
Return Path is a consumer intelligence company. We analyze the world's largest collection of email data to show marketers how to stay connected to their audiences, strengthen their customer engagement, and protect their brands from fraud. Our solutions help mailbox providers around the world deliver great user experiences and build trust in email by ensuring that wanted messages reach the inbox while spam and abuse don't. Consumers use Return Path technology to manage their inboxes and make email work better for them. Find out more about Return Path at http://www.returnpath.com.

Read the full story at http://www.prweb.com/releases/2014/10/prweb12288365.htm


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