Neal Communities reported 27 home sales in its six active communities in Lee and Collier counties during March. The total sales volume reached $9.2 million, while the average home price came in at $316,000. Amy Daugherty sold the remaining three homes to sell out Villa Palmeras in Estero and two at Estero Place. At Coastal Key in Fort Myers, Cindy Burnham was the top New Home Sales Associate. Jeff Connery and Leslie Liddle continue to thrive in sales at Watermark in Fort Myers. Jackie Nary sold two homes at Canopy in Naples. At Reflection Lakes in Naples, Lisa Marie Fetters sold three and Ryan Johnson sold five.
John R. Wood Properties
These agents have joined the company.
Elaine Zacka, a licensed real estate agent, has joined the Bonita Springs office. Originally from Philadelphia, Zacka worked in accounting and business administration before real estate. She is a member of the Naples Area Board of Realtors (NABOR).
AJ Fischer has joined the company as a licensed personal assistant at the Old Naples office and as a member of Team Sims. Originally from Auburn, Alabama, Fischer has worked in the real estate industry since 1986. She was the 1997 Realtor Associate of the Year with NABOR and Florida Realtors (FR), 2003 Florida Chapter Womens Council of Realtors (WCR) President, and 1997 WCR Naples Chapter President. She is also a member of NABOR.
Mary Jo Chamberlin is a licensed real estate agent in the North Naples office. Originally from Ohio, Chamberlin earned a degree in interior design from Kent State University and attended University College London, studying masters coursework in construction economics and management. She is a member of NABOR.
Ashley Valentine is a licensed real estate agent in the North Naples office and a member of the Valentine Group of Naples. Originally from Tampa, Valentine holds a degree in business marketing from Florida Gulf Coast University. She has worked in the real estate industry for three years and is a member of NABOR.
Abbie Valentine is a licensed real estate agent in the North Naples office and a member of the Valentine Group of Naples. Originally from Bayville, New York, Valentine holds degrees in psychology and economics from Bushnell University. Before real estate, he played professional golf for eight years. He is a member of NABOR.
Kathleen Adair is a licensed real estate agent in the Bonita Springs office. Originally from Lima, Ohio, Adair worked in credit management before real estate. She is the recipient of multiple relocation services awards and is a member of the Bonita Springs-Estero Association of Realtors (BEAR).
Arthur Shafran is a licensed real estate agent in the Old Naples office. Originally from New York, Shafran holds a degree in economics from New York University and an MBA in international finance from the University of California Los Angeles (UCLA). Before becoming a real estate agent, he worked as a real estate developer and held executive positions in the electronics industry. He is a member of NABOR.
Janie Pappas is a licensed real estate agent in the Old Naples office. Originally from Lexington, Kentucky, Pappas holds a degree in English from Hollins College, Roanoke, Virginia. She was a top producer award recipient in 1998, 1999 and 2000.
Alec Frankel is a licensed real estate agent in the Bonita Springs office. Originally from the USSR, Frankel became active in the real estate industry in 1989. He is a member of NABOR.
Peter Riccardelli is a licensed broker associate in the Old Naples office and a member of the Napoleon Real Estate Team. Originally from Massachusetts, he is a member of NABOR.
Patrick ONeill is a licensed real estate agent in the Bonita Springs office. Originally from Cleveland, Ohio, ONeill holds a degree in communications from Ohio University. Before real estate, ONeill worked in national advertising sales and marketing. He is a member of BEAR.
Hank Cassi is a licensed real estate agent in the North Naples office. Originally from New York, Cassi attended Coastal Carolina University. He has worked in the real estate industry for 14 years and is a member of NABOR.
Allison Callas is a licensed real estate agent in the North Naples office. Originally from New York, Callas worked in technology sales and marketing, graphic design, hospitality and cosmetic sales before entering the real estate industry in 2013. Callas is a member of NABOR.
Sandra Ventre Richards is a broker-associate in the Old Naples office. Originally from Washington, DC, Richards holds a bachelors degree from St. Marys College, a masters degree from the University of San Francisco, and a PhD candidate at the University of Maryland. Richards was a member of the Presidents Circle Top Producer in 2013 and 2014.
The luxury custom homebuilder has expanded and added Jessica Bradford, Melissa Martin, Scott Windler, Garry Brown and Allison Thress.
A native of Massachusetts, Bradford moved to Naples in 2010. She joined the team as a client liaison responsible for assisting clients with selections and design in the Miromar Lakes Beach Golf Resort and West Bay communities. She has set up a one design center with vendors and works daily with trade partners and the on-site project manager. She previously worked with local interior design firms for five years. She earned her bachelor of science in interior design from the New England Institute of Art.
Martin, a native Floridian, joined the company as a client liaison in the Miromar Lakes Beach Golf Resort. Her duties include assisting buyers with selections, data input, vendors and on-site trade partner communication. She was instrumental in setting up a design center both on and off site. She is a graduate of Florida SouthWestern State College.
Windler has more than 30 years of experience in the construction industry in Florida. He relocated from Indiana in 1978 to Florida. He joined Gulfshore Homes as the superintendent for the communities of Grey Oaks Golf Country Club and The Estuary at Grey Oaks. Windler handles all aspects of the building process on site including inspections, control of construction progress regarding timeliness and operations, review specifications and blueprints, scheduling trade partners, quality control and owner meetings.
Brown was hired as a superintendent for the West Lake Court community in West Bay. He is responsible for the day-to-day operations of the custom villa homes during the entire building process, overseeing and scheduling with trade partners, local inspections with the county, and communication with the on-site staff and owners. Brown has been in the construction industry for 18 years in Naples and on the east coast of Florida in single-family and condominium construction. He is a graduate of Florida Atlantic University and Broward Community College. He also served in the United States Air Force for four years.
Thress joins the corporate office as an accounting clerk. She maintains accounts payable, insurance, lien releases and assists with IT under the direction of the controller. Thress relocated from Ohio to Florida in 2009. She has worked as an accountant and controller with two companies in Fort Myers and Cape Coral. She has 25 years of experience in accounting and is a graduate of Muskingum Area Technical College.
Downing-Frye Realty Inc.
The company announced its top three agents for 2014. The Top Overall Agent was Lauren Fowlkes; the Top Sales Agent was Christopher Braun; and the Top Listing Agent was Janice Gover.
Team awards in the Naples office: the top sales team winning the Platinum Award was the Nancy Burgess Team; the second team winning the Gold Award was the Gary Helms Team; the third team winning the Silver Award was the Bridgette Foster Team and the fourth team winning the bronze award was the Michael and Anna Bryant Team. Also from the Naples Office, the 2014 Rising Star Award went to Chris Lecca.
The Bonita Springs/Estero team awards: the top sales team winning the Platinum Award was the Domain Group; the second team winning the Gold Award was the Sullivan Team; the third team winning the Silver Award was the Saunders Group; and the fourth team winning the Bronze Award was the Melissa Wychocki Team. The Bonita office Rising Star Award went to Denise Stilwell.
PRESS RELEASE 24 APRIL 2015
ITALEAF: The Shareholders meeting of TerniEnergia approved the 2014 Financial Statements and a distribution of dividends equal to Euro 0.065 per share
Â Â Â Approved the consolidated financial statements as at December 31, 2014 and a net profit for the year amounted to â¬ 6.2 million
ÂÂ Â Â Approved the first section of the remuneration report pursuant to art. 123-ter of TUF
ÂÂ Â Â Approved the remuneration and incentives policies for 2015
ÂÂ Â Â Published Financial Statements 2014, which was approved
The ordinary Shareholders meeting of TerniEnergia, smart energy company active in the fields of renewable energy, energy efficiency, waste and energy management, listed on the Star segment of the Italian Stock Exchange and part of Italeaf Group, met today under the chairmanship of Stefano Neri and approved unanimously the draft financial statements and noted the presentation of the consolidated financial statements as at December 31, 2014.
RESULTS OF THE GROUP TERNIENERGIA
Consolidated Net Revenues amounted to EUR 95.2 million, showing a growth of 42% compared to December 31, 2013 (Euro 67 million). The increase is mainly attributable to the consolidation of the results of Free Energia, following the dedicated capital increase ended October 21, 2014. Also the revenues from the management of photovoltaic systems (Photovoltaic Power Generation), as a result of the consolidation of facilities previously held in the JV, and from the business line Cleantech has registered a significant increase, compared to the corresponding period of 2013.
EBITDA amounted to Euro 18 million, with a significant increase (+ 45%) compared to December 31, 2013 (Euro 12.4 million). The EBITDA margin is equal to 18.91%, with an increase compared to 2013 (18.5%).
Net operating income (EBIT) amounted to Euro 8.4 million (Euro 5 million at December 31, 2013), after depreciation, amortization and impairment losses of Euro 9.6 million (Euro 7.4 million in 2013).
Net profit, which includes the share of results from the activity of photovoltaic JV, amounted to Euro 6.2 million, also benefiting from a tax income resulting from the so-called Tremonti Ambientale to certain subsidiaries that hold PV plants. Net income as at December 31, 2013 was Euro 6.8 million (-9%).
The net financial position amount to Euro 108 million (Euro 135.2 million at 31/12/2013). The non-current NFP is Euro 89.8 million, while the net financial position in short term amounted to Euro 18.3 million. The NFP as at September 30, 2014 was Euro 155.6 million. The reduction of about a third of the NFP has been possible thanks to the sale of 50% of the equity shares in Alternative Energy and Solter, owners of PV plants of industrial size. The NFP/Net equity ratio (Gearing ratio 151%), equal to 1.51x, improves significantly (2.51x as at 31/12/2013) in line with the expectations of the industrial plan.
The Net Equity amounted to Euro 71.3 million, with an increase of 32.4% (Euro 53.8 million at 31/12/20113), while the Fixed assets amounted to Euro 150.4 million, of which Euro 91.6 million referring to tangible assets.
TERNIENERGIA SPA. RESULTS AS AT DICEMBER 31, 2014
Net revenues amounted to Euro 17.7 million (Euro 35.6 million as at 31/12/2013). The gross operating margin (EBITDA) amounted to Euro 5.7 million (Euro 2.8 million as at 31/12/2013). The net result amounted to Euro 1.7 million (Euro 1.9 million as at 31/12/2013).
Shareholders meeting also approved the distribution of a dividend equal to Euro 0.065 per ordinary share gross with-holdings set forth by law. The dividend will be paid on May 20, 2015, and the relevant coupon No. 6 shall be separated on May 18, 2015.
REMUNERATION AND INCENTIVE POLICIES
The Meeting approved to increase the total amount of the remuneration of the Board, also including the remuneration of directors holding particular positions, pursuant to Art. 2389, paragraph 3, of the Civil Code, up to a maximum annual amount of Euro 550thousand, plus costs and contributions to the law, for the remaining period of office of the board. The shareholders finally approved the three-year variable remuneration plan for executive directors and managers with strategic responsibilities in case of exceeding 5% of the consolidated EBITDA identified in the business plan for the period 2015-2017 approved by the Board of Directors on February 9, 2015
REMUNERATION REPORT EX ART. 123-TER D. DECREE 58/98
The Shareholders meeting approved the Remuneration Report of Directors and Managing Directors with strategic responsibility provided by art. 123-ter of D. Decree 58/98
PUBLISHED 2014 FINANCIAL STATEMENTS FINALLY APPROVED
TerniEnergia announces that it is published on the website www.ternienergia.com in the Investor Relations section (Documents / Financial results) the 2014 financial statements finally approved.
The Officer responsible for the preparation of accounting an corporate documents, Dott. Paolo Allegretti, declares, pursuant to paragraph 2, art. 154-bis of the Consolidated Financial Act, that the accounting information that is contained in this press release correspond to the documentary results, the accounting books and records.
TerniEnergia, a company incorporated in September of 2005 and part of Italeaf Group, is the first Italian smart energy company and operates in renewable energy, energy efficiency, energy and waste management. TerniEnergia operates as system integrator, with a turn-key offer of industrial sized photovoltaic plants, on behalf of third parties and on its own, for the Power Generation business, also through joint venture companies with leading national players. TerniEnergia operates in the waste management sector, recovery of the material and energy, development and production of technologies. In particular, the Company is active in the recovery of tires out of use, in the treatment of biodegradable waste through the implementation of biodigesters, management of plant for the biological depuration; decommissioning of industrial plants, recovery of demolition metals and cleaning of industrial sites; development and production of technological apparatus. Through Free Energia, the Group is active in the energy management, energy sales to energy intensive customers, software and services for energy management, administrative, financial and credit management. TerniEnergia, through Lucos Alternative Energies, operates in the development of energy efficient plants both through EPC scheme and FTT scheme (Financing Through Third Parties), pursuing the objectives of increasing energy production from renewable sources, of energy saving and reduction of emissions as set forth by environmental European policy.
TerniEnergia is listed on STAR segment of Borsa Italiana SpA..
This press release is also available on the Companies website: www.italeaf.com and www.ternienergia.com.
Mangold Fondkommission AB is the Certified Adviser of Italeaf on NASDAQ OMX First North.
For further information please contact:Â
CFO - Italeaf SpA.
Mangold Fondkommission AB
Tel. +46 (0)8 5030 1550
Italeaf SpA, established in December 2010, is a holding company and a business accelerator for companies and startups in the areas of innovation and cleantech. Italeaf operates as a company builder, promoting the creation and development of industrial startups in the fields of cleantech, smart energy and technological innovation. Italeaf has headquarters and plants in Italy at Nera Montoro (Narni), Terni, Milano and Lecce; has international offices in London and Hong Kong and a research and development centre in the Hong Kong Science and Technology Park. The company controls TerniEnergia, a smart energy company listed on the STAR segment of the Italian Stock Exchange and active in the fields of renewable energy, energy efficiency and waste and energy management, Greenled Industry, working in the development and production of power LED lamps for industrial energy efficiency and public lighting, WiSave in the internet of things field, for the development and production of thermostats and smart technologies for the remote control of electrical and heating items of buildings managed through a cloud infrastructure, and Skyrobotic, in the business development and manufacture of civil and commercial drones in mini and micro classes for the professional market.
PRESS RELEASE http://hugin.info/162089/R/1914516/684126.pdf
Midland Credit Management Inc. (Midland) has reached a settlement agreement with the New York City Department of Consumer Affairs (DCA) following an investigation of the company's collection practices starting in 2012.
During the renewal process for Midland's licenses in New York, the DCA started the investigation based on information it learned about in pending legal actions in other jurisdictions, according to spokesperson. The department's spokesperson stated, "DCA discovered that Midland filed robo-signed affidavits in [New York City] court in their debt collection cases."
The consent order outlining the details of the settlement describes that, "the Parties wish to completely settle, release and discharge all claims and any disputes and disagreements between Midland and the Department with respect to Midland's business activities in New York City."
Encore Capital Group, Midland's parent company, provided the following statement to ACA International regarding the settlement:
"Encore Capital Group and certain subsidiaries have entered a settlement agreement with the New York City Department of Consumer Affairs following the DCA's investigation of Encore's collection practices in New York City. We are pleased to have addressed and resolved the DCA's concerns in a manner that supports consumers' interests. The DCA's objective of protecting consumers aligns well with our stated core value of treating consumers fairly and with respect. We previously demonstrated our commitment to this principle by creating the industry's first Consumer Bill of Rights, which outlines our dedication to conducting business ethically, engaging in respectful dialog with consumers, and playing a positive role in consumers' financial recovery, and have expressed our commitment once again through this resolution with the DCA."
As part of the settlement agreement, Midland has agreed to conduct an audit of randomly selected cases it has filed against consumers to verify the case involves the correct person, the correct amount of a rightfully owed debt and that the case is within the applicable statute of limitations period. If any material inaccuracies are found during the audit, Midland has promised to correct them. The settlement agreement requires that Midland complete the audit and provide a report to the DCA by Sept. 30, 2015.
According to the consent order, Midland must also provide the DCA with the training materials used to train its in-house debt collectors who engage in debt collection activities in New York City. In addition, the consent order requires that Midland's in-house debt collectors undergo 100 hours of training before they engage in debt collection practices in New York City.
Similarly, Midland will also need to provide relevant and appropriate training materials to its third-party debt collection agencies and law firms engaged in debt collection activities in New York City. And, the third-party debt collection agencies working with Midland will need to provide an annual training based on these materials.
Midland is responsible for $420,000 in civil penalties ($60,000 for each of its seven licenses) and $250,000 for the DCA's investigation costs.
Finally, the consent order set forth customary settlement language that, "the consent order does not constitute an admission by Midland of any fact or any violation of any local, state or federal law, rule or regulation, and Midland expressly denies any such violation. Midland enters into this consent order for settlement purposes only. This consent order is made without trial or adjudication of any issues of fact or law. This consent order does not constitute evidence or admission of any issues of fact or law."
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SAN DIEGO, April 23, 2015 (MILITARY-TECHNOLOGIES.NET) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter of 2015 on Thursday, May 7, 2015, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 pm Pacific / 5:00 pm Eastern time with Ken Vecchione, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Investor Relations, presenting and discussing the reported results.Members of the public are invited to access the live webcast via the Internet by logging on at the Investor Relations page of Encores website at www.encorecapital.com. To access the live, listen-only telephone conference portion, please dial (855) 541-0982 or (704) 288-0606.For those who cannot listen to the live broadcast, a telephonic replay will be available for seven days by dialing (800) 585-8367 or (404) 537-3406 and entering the conference number 33610109. A replay of the webcast will also be available shortly after the call on the Companys website.About Encore Capital Group, Inc.Encore Capital Group, an international specialty finance company, provides debt recovery solutions for consumers and property owners across a broad range of assets. Through its subsidiaries, the Company purchases portfolios of consumer receivables from major banks, credit unions, and utility providers, and partners with individuals as they repay their obligations and work toward financial recovery. Through its Propel Financial Services subsidiary, the Company assists property owners who are delinquent on their property taxes by structuring affordable monthly payment plans and purchases delinquent tax liens directly from selected taxing authorities. Through its subsidiaries in the United Kingdom, Cabot Credit Management, Marlin Financial Services and Grove Capital Management, the Company is a market-leading acquirer and manager of consumer debt in the United Kingdom and Ireland. Through its Refinancia subsidiary, the Company services distressed consumer debt in Colombia and Peru. Encores success and future growth are driven by its sophisticated and widespread use of analytics, its broad investments in data and behavioral science, the significant cost advantages provided by its highly efficient operating model and proven investment strategy, and the Companys demonstrated commitment to conducting business ethically and in ways that support its consumers financial recovery.Headquartered in San Diego, Encore is a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock of the Russell 2000, the Samp;P SmallCap 600, and the Wilshire 4500. More information about the Company can be found at www.encorecapital.com. More information about the Companys Cabot Credit Management subsidiary can be found at www.cabotcm.com. Information found on the Companys website or Cabots website is not incorporated by reference.Bruce Thomas
Encore Capital Group, Inc.
Source: Globenewswire Public
Encore Capital Group to Announce First Quarter 2015 Financial Results on May 7