Latest news with #Equitable
USA Today
3 days ago
- General
- USA Today
Bans on this landscaping tool are spreading around the US: See where
Bans on this landscaping tool are spreading around the US: See where Show Caption Hide Caption Home maintenance: Get gutters ready for winter Maintain your gutters with these easy steps. ProblemSolved, USA TODAY Gas-powered leaf blowers have been around since the early 1970s, but over time, the lawn care device has received criticism from angry neighbors and eco-conscious lawmakers, some of whom have issued bans citing pollution, noise and health risk concerns. From the state of California to the District of Columbia, bans against the sale of gas-powered leaf blowers continue to pile up. In Washington, D.C., under the Leaf Blower Regulation Amendment Act of 2018, companies or individuals who use gasoline-powered leaf blowers are subject to fines of up to $500 for each offense. In California, lawmakers passed AB1346, which banned the sale of gas-powered leaf blowers and weed whackers by July 1, 2024. While bans on the sale and use of gas-powered leaf blowers and lawn equipment have been applauded by some, the policies also sparked backlash, with states like Texas and Florida prohibiting the outright ban on these devices to protect oil and gas industries. Where are gas-powered leaf blowers banned or restricted? According to the Public Interest Research Group, an advocacy organization, the following states or cities have either banned or restricted gas-powered leaf blowers and lawn equipment: Cities, states create incentive programs for using electric lawn equipment The desire to transition away from gas-powered lawn equipment is growing, with cities like Dallas, Austin, and Louisville, Kentucky, offering rebates for purchasing electric lawn equipment at select locations. Some states do this as well, including Indiana, Massachusetts, Nebraska and Wyoming. "Transitioning to battery-powered landscaping equipment is a more sustainable alternative that would move us closer to meeting climate action goals and reduce harmful health effects," San Diegans for Sustainable, Equitable & Quiet Equipment in Landscaping, a California-based group, has said, USA TODAY previously reported. Home improvement retail giants Home Depot and Lowe's have also decreased their inventory of gas-powered lawn equipment in favor of other options, according to the Public Interest Research Group. Jonathan Limehouse covers breaking and trending news for USA TODAY. Reach him at JLimehouse@
Yahoo
22-05-2025
- Business
- Yahoo
Equitable Holdings, Inc. (EQH) Raises Dividend on Common Stock
On May 21, Equitable Holdings, Inc. (NYSE:EQH) declared a 13% hike in its quarterly dividend to $0.27 per share. Equitable Holdings, Inc. (NYSE:EQH) is a prominent financial services holding company made up of three established businesses: Equitable, AllianceBernstein, and Equitable Advisors. As of March 31, 2025, the company manages and administers $1 trillion in assets and serves over 5 million clients worldwide. With roots going back to 1859, Equitable focuses on providing retirement and protection solutions for individuals, families, and small businesses. For nearly three decades, Equitable Holdings, Inc. (NYSE:EQH) operated as a subsidiary of AXA S.A. However, in 2019, AXA completed a secondary public offering, ending its role as the majority owner. This move allowed Equitable Holdings to function as an independent American financial services firm. Since initiating its dividend program in 2020, Equitable Holdings, Inc. (NYSE:EQH) has increased its payouts every year, growing its quarterly dividend from $0.15 to $0.27 per share. These consistent increases have bolstered investor confidence, helping the stock climb nearly 193% over the past five years. EQH offers a dividend yield of 1.85%, as of May 21, and it will trade ex-dividend on June 2. The stock has surged by nearly 9% since the start of 2025. While we acknowledge the potential of EQH as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than EQH but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ MORE: and Disclosure. None. Sign in to access your portfolio
Business Wire
21-05-2025
- Business
- Business Wire
Equitable Holdings Increases Common Stock Dividend and Declares Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--Equitable Holdings, Inc. (NYSE: EQH), the leading financial services holding company of Equitable, AllianceBernstein and Equitable Advisors, announced today that its Board of Directors has declared a quarterly cash dividend of $0.27 per share of common stock. The dividend on the common stock will be payable June 9, 2025, to shareholders of record at the close of business on June 2, 2025. The Company's board also declared the following cash dividends: Quarterly dividend of $328.125 per share on Series A 5.25% Non-Cumulative Perpetual Preferred Stock, with a liquidation preference of $25,000 per share, which are represented by depositary shares (NYSE: EQH PR A), each representing a 1/1,000th interest in a share of preferred stock, holders of which will receive $0.328125 per depositary share. The dividend will be payable on June 16, 2025 to holders of record as of June 4, 2025. Semi-annual dividend of $618.750 per share on Series B 4.95% Non-Cumulative Perpetual Preferred Stock, with a liquidation preference of $25,000 per share, which are represented by depositary shares, each representing a 1/25th interest in a share of preferred stock, holders of which will receive $24.75 per depositary share. The dividend will be payable on June 16, 2025 to holders of record as of June 4, 2025. Quarterly dividend of $268.750 per share on Series C 4.30% Non-Cumulative Perpetual Preferred Stock, with a liquidation preference of $25,000 per share, which are represented by depositary shares (NYSE: EQH PR C), each representing a 1/1,000th interest in a share of preferred stock, holders of which will receive $0.26875 per depositary share. The dividend will be payable on June 16, 2025 to holders of record as of June 4, 2025. About Equitable Holdings Equitable Holdings, Inc. (NYSE: EQH) is a leading financial services holding company comprised of complementary and well-established businesses, Equitable, AllianceBernstein and Equitable Advisors. Equitable Holdings has $1 trillion in assets under management and administration (as of 3/31/2025) and more than 5 million client relationships globally. Founded in 1859, Equitable provides retirement and protection strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm that offers diversified investment services to institutional investors, individuals and private wealth clients. Equitable Advisors, LLC (Equitable Financial Advisors in MI and TN) has 4,500 duly registered and licensed financial professionals that provide financial planning, wealth management, retirement planning, protection and risk management services to clients across the country. Reference to the 1859 founding applies specifically and exclusively to Equitable Financial Life Insurance Company (NY, NY).
Forbes
14-05-2025
- Business
- Forbes
The Future Of Financial Services: Purpose, Heart, And Humanized Technology
Monitoring the global financial market concept design. Albert Einstein once declared, 'Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't, pays it.' As foundational as that principle remains, the financial services industry is undergoing a transformation that goes well beyond numbers. To explore the evolving landscape, I sat down with four leading voices in the sector: Caroline Feeney of Prudential Financial, Nick Lane of Equitable, Nageswar Cherukupalli of Cognizant, and Michael Weinstock of M&T Bank. Across our conversations, three themes consistently emerged — staying rooted in purpose, leading with empathy, and leveraging technology to humanize financial experiences. Leaders discussion on the future of financial services For Caroline Feeney, Prudential Financial's Global Head of Retirement and Insurance businesses, purpose isn't just a value — it's a mandate. 'This year marks Prudential's 150th Anniversary. The business was founded with the customer at the center through the belief that financial security should be within reach for everyone. While much has evolved over time, I am proud that we never left the core of that purpose, which is to make lives better by solving the financial challenges of our changing world by expanding access to investing, insurance and retirement security.' That purpose is critical in an era where 'globally, 75% of people are concerned about their economic security in old age. Increased life expectancy is driving the need for innovative retirement strategies and solutions.' She points to the unprecedented wealth transfer ahead — $84 trillion moving from baby boomers to the next generation, much of it to women — as a signal that the industry must act with both urgency and clarity. Nick Lane, President of Equitable, echoes this focus on purpose, describing financial services as a means to 'help people live their best lives by creating holistic financial plans and offering solutions that evolve with their aspirations, not just their assets.' As someone who led organizations in Japan, France, and the United States, Lane emphasized that 'the spirit of curiosity and innovation is what allows us to stay relevant, no matter how the world changes.' At M&T Bank, Regional President Michael Weinstock roots purpose in community. 'Healthy communities create healthy banks,' he said. 'Our investment in volunteerism and storytelling connects our colleagues, customers, and communities.' Weinstock champions initiatives like his internal 'What Do You Do?' video series, a six-minute spotlight that builds transparency and connection within the organization. 'It's like Home Depot,' he laughed. 'The greeter, who knows everything in every aisle, helps you navigate the whole store.' Nageswar Cherukupalli, Head of Americas for Banking, Capital Markets and Insurance at Cognizant, situates purpose at the intersection of technology and impact. 'True motivation comes from impacting communities,' he said, referencing Cognizant's work supporting first-generation students through graduation and into successful careers. 'Every enterprise in the future will be a technology company at its core,' he added. 'It's how we use that technology that defines our value.' In a fast-changing world, leadership requires more than strategy — it requires humanity. 'Leadership is about being authentic, empathetic, and human — especially when delivering tough messages,' said Feeney. That kind of leadership becomes essential as over 11,000 baby boomers reach 65 years of age daily, challenging companies to guide clients with understanding and care. Weinstock adds that enduring leadership must be built on consistency. 'Everything we do today is determinative of our future,' he said. 'Long-term commitments must stand the test of time.' At M&T, that means board leadership — he sits on four — and daily practices that keep employees and customers connected to a shared mission. Cherukupalli underscores the importance of collaboration and constant learning. 'Creativity, collaboration, and continuous upskilling are the engines that drive successful client partnerships,' he said. It's a leadership model that prioritizes inclusion and adaptability, especially as the industry works to close trust gaps and expand access. Lane also sees a critical role for emotional intelligence. 'We see people increasingly looking for empathy and human connection,' he shared, particularly in Japan, which he noted is 'nearly a decade ahead demographically.' His experience in cross-cultural leadership taught him that 'it's not just what they say, but everything communicated in their non-verbal communications.' Shaped by his time as an infantry platoon commander in the U.S. Marine Corps, Lane's servant leadership style is focused on getting the best out of his teams and reinforces that you cannot effectively lead unless you 'truly listen and people know you genuinely care about them.' If the future of financial services is digital, it must also be deeply human. Cherukupalli noted, 'Every enterprise in the future will be a technology company,' but emphasized that technology must 'amplify empathy, not replace it.' Cognizant's work with clients focuses on embedding tech solutions that strengthen, rather than depersonalize, customer relationships. Lane pointed out that 'AI is the fastest piece of adopted technology in history,' but cautioned that technology alone won't solve complex human problems. 'We're living through a period of structural dislocation,' he said. 'Companies that elevate during dislocation outperform in the long term.' For him, success lies in creating adaptive tools that serve clients' evolving lives, combined with humanistic advice. Backed by powerful tools, he points to the personal interactions the more than 4,500 financial professionals with Equitable Advisors have with their clients every day, using 'sound judgment, empathy, and understanding' to help them plan for the future with confidence — skills not easily replicated by AI tools. Weinstock agrees, noting that agility and data-driven decision-making are critical, but not sufficient. 'Agility, customer-centricity, and data-driven decision making are critical to managing relentless change,' he said, but added that it must be matched with 'storytelling and community engagement to keep the human front and center.' Feeney views technology as a vehicle for enhancement and empowerment. As more people face uncertainty about retirement, she sees innovation as a means to demystify complex financial planning and 'help change that' anxiety. The opportunity, she believes, is to bring the industry together to solve challenges and to design solutions that meet people where they are — and move them toward greater confidence. From Prudential's legacy of purpose to Cognizant's tech-forward community impact, from Equitable's culturally informed innovation to M&T Bank's grassroots leadership, the future of financial services is neither purely digital nor purely human — it's a fusion. As Feeney reminds us, 'It's on us' to build that future. And if these leaders are any indication, that future is one of compassion, curiosity, and commitment.
The Star
26-04-2025
- Business
- The Star
ECO meeting highlights future of economic diplomacy, tourism cooperation
ERZURUM, Türkiye, April 26 (Xinhua) -- The Economic Cooperation Organization (ECO) launched a high-level meeting on Saturday in Türkiye's eastern province of Erzurum, exploring the future of economic diplomacy and emphasizing the importance of tourism cooperation among member states. The two-day event has drawn a group of academics, policymakers, entrepreneurs, business leaders, diplomats, NGO representatives, and experts from different countries. At the heart of the gathering is the Palandoken Economic Forum, held under the theme "An Equitable Future in a Smart World: Intelligent Economies and Global Inequality." The forum focuses on the transformative potential of emerging technologies like artificial intelligence and their growing influence on global economic systems and social equity. On the sidelines of the forum, tourism ministers from ECO member states held a private meeting, marking Erzurum's designation as the ECO Tourism Capital for 2025. Turkish Culture and Tourism Minister Mehmet Nuri Ersoy said that in the era of smart economies, tourism has become a dynamic ecosystem that supports culture, diplomacy, innovation, and trade, calling on ECO members to strengthen cooperation and unlock the region's full tourism potential. ECO is a Eurasian political and economic intergovernmental organization that was founded in 1985 in Tehran by Iran, Pakistan, and Türkiye. It has since expanded to include 10 member states, including Azerbaijan, Turkmenistan, Kyrgyzstan, Kazakhstan, Uzbekistan, Afghanistan, and Tajikistan.
