Thread- $AFL (Aflac Incorporated)

$AFL {{ '2016-04-27T18:30:18+0000' | timeago}} • Webcast

$AFL said between dividends and repurchase it returned $773MM to its shareholders in 1Q16. Depending on overall capital conditions, the company expects to repatriate 80-100% of Flexible Spending Account earnings in 2016 or roughly 120-150Bil yen. $AFL stated it is on pace to achieve its $1Bil share repurchase target for 1H16 and $1.4Bil for 2016.

$CAT {{ '2017-06-28T15:43:09+0000' | timeago}} • Announcement

Excavator maker $CAT said Doug Hoerr, VP of the Material Handling & Underground division, has decided to retire after serving the company for 24 years. Meanwhile, Tom Bluth, currently VP of the Surface Mining & Technology division, has been named Caterpillar’s CTO and VP of the Innovation & Technology Development division.

$PKE {{ '2017-06-28T15:16:50+0000' | timeago}} • Webcast

In 1Q18, $PKE's North American sales were 56% of total sales; European sales were 7%; and Asian sales were 37% of total sales, compared to 53%, 8% and 39% respectively in the year-over period.

$LNCE {{ '2017-06-28T15:14:37+0000' | timeago}} • Announcement

$LNCE's BoD appointed Brian Driscoll as its President and CEO. Driscoll has been serving as its Interim President and CEO since April. He was the former President and CEO of Diamond Foods and was appointed to the $LNCE's BoD on Feb. 29, 2016 in connection with the company's acquisition of Diamond Foods.

$VRTS {{ '2017-06-28T15:03:43+0000' | timeago}} • Announcement

Virtus ETF Solutions, an affiliate of $VRTS, launched an exchange traded fund that shorts exposure to large and mid-cap equities without daily rebalancing, thereby mitigating swaps-based risks.

$PAYX {{ '2017-06-28T15:02:18+0000' | timeago}} • Webcast

For 1Q18, $PAYX expects total revenue growth to be modestly below the full-year guidance range. Growth in the net income on a GAAP basis is anticipated to be essentially flat with 1Q17. The company recognized a large tax benefit in 1Q17 from the adoption of new accounting guidance related to the employee stock-based comp payments.

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