Universal Insurance Holdings, Inc. (NYSE: UVE) will issue a press release reporting its third quarter results after the close of trading on the NYSE on Tuesday, October 27, 2020. The company will host a conference call on Wednesday, October 28, 2020, at 9:00 a.m. Eastern Time (ET) to discuss its third quarter 2020 financial results.


Conference Call and Webcast


  • Wednesday, October 28, 2020 at 9:00 a.m. ET

  • U.S Dial-in Number: (855) 752-6647

  • International: (503) 343-6667

  • Participant code: 5317328

  • Listen to live webcast and view presentation: UniversalInsuranceHoldings.com

  • Replay of the call will be available on the UVE website and by phone at (855) 859-2056 or internationally at (404) 537-3406 using the participant code: 5317328 through November 12, 2020


About Universal Insurance Holdings, Inc.


Universal Insurance Holdings (UVE) is a holding company offering property and casualty insurance and value-added insurance services. We develop, market, and write insurance products for consumers predominantly in the personal residential homeowners lines of business and perform substantially all other insurance-related services for our primary insurance entities, including risk management, claims management and distribution. We sell insurance products through both our appointed independent agents and through our direct online distribution channels in the United States across 18 states (primarily Florida). Learn more at UniversalInsuranceHoldings.com.

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Niall Horan
The singer will play a show to an empty Royal Albert Hall

Singer Niall Horan has announced a one-off live streamed show, with proceeds going to members of his road crew.

The pop star has been working with some of his team since One Direction’s first tour in 2011 – and he says the pandemic has left many of them stranded.

“My stage manager is working on a building site currently,” he told the BBC. “A couple of lads are working in Tesco and Sainsbury’s.

“If there’s no touring, they don’t have a job. They’ve been left behind.”

The star and his crew were supposed to be on tour for six months this year, visiting Australia, Asia, Europe and America.

But while Horan used lockdown to write new songs and play radio sessions, he realises others don’t have that luxury.

“I’m obviously one of the lucky ones, but not everyone is as lucky as me,” he said. “I’m a 27-year-old dude, I live with one person, my cousin, in the middle of London. I’m fit and I’m healthy.

“Our crew members are the ones that have basically been forgotten about. Furlough doesn’t touch them – and they are the ones who have mortgages and families and homes and lives to pay for [but] they haven’t got any funds to do so.”

The idea of a live-streamed fundraising show arrived last month, and the star hopes to sell between 60,000 and 70,000 tickets to watch online – enough to “pay all of my crew”.

“I felt it was absolutely the least I could do, was stick a gig on,” he says. “And I urge all the other artists, including friends of mine, to do the same.”

No audience will be permitted into the venue, and the concert will not be available

Duke Energy Corp. DUK recently unveiled its long-term investment plan along with increasing its current five-year capital target and clean energy projections at the company’s inaugural environmental, social and governance (ESG) day. This comes at a high time when a handful of Utilities across the board are steadily ramping up their carbon-dioxide (CO2) emission reduction goals.

The company now forecasts that its current five-year capital plan will increase by about $2 billion to approximately $58 billion.

Details of the Long-Term Plan

Duke Energy’s recently-announced plan includes acceleration of coal plant retirements in addition to the 50 coal units with capacity worth more than 6,500 megawatts (MW), which it already retired since 2010. The company aims to retire all coal-only units in the Carolinas and reduce methane emissions in its natural gas business to netzero by 2030.

In terms of promoting clean energy, the company now targets to bring its regulated renewable capacity total to 40 gigawatts (GW) by 2050.It also aims to add more than 11,000 MW of energy storage to its system by 2050.

For such clean energy expansion, Duke Energy aims to spend capital in the range of $65-$75 billion during the 2025-2029 period. Such clean energy transition will enable the company to increase its earnings at the upper end of its current long-term adjusted EPS growth rate of 4-6% through 2024.

Factors Driving Decarbonization

In the United States, most utilities significantly lowered their CO2 emissions since 2005. This was possible owing to sustained low natural gas prices and declining costs for renewable generation alongside technological innovations that promoted energy storage.

Also, improvements in power plant efficiency and shifts in investments towards clean energy within the power sector have been boosting decarbonization for a while now. Further, state energy policies like renewable standard portfolio as well as subsidies

Virtual training and pay-as-you-go fitness platform partners with leading sports performance apparel brand to further promote the active lifestyle of its users

FlexIt and 2XU team up

FlexIt and 2XU team up to bring fitness and performance apparel together.
FlexIt and 2XU team up to bring fitness and performance apparel together.
FlexIt and 2XU team up to bring fitness and performance apparel together.

NEW YORK, Oct. 12, 2020 (GLOBE NEWSWIRE) — FlexIt, the platform that enables users to seamlessly access live, 1-on-1 virtual training with personal trainers and access fitness facilities all over the country, announces its partnership with 2XU, a proven leader in performance sports apparel. This collaboration will allow users to take full advantage of both products, providing both FlexIt users and 2XU customers with a well-rounded fitness experience.

Both 2XU customers and FlexIt users will benefit directly from this partnership. 2XU customers will receive custom access to FlexIt’s virtual training platform and its network of close to 3,000 partner fitness facilities across the United States. FlexIt users will be rewarded for completing specific fitness challenges (such as working out for consecutive days) with exclusive 2XU offers across the brand’s key product categories, which are all designed to help users prepare, perform and recover to improve their overall performance. Together, the two companies are giving their networks the opportunity to continue their fitness journeys through various initiatives, experiences and activations over the next year.

“FlexIt and 2XU are two like-minded companies in that both our missions focus on providing everyone with the tools they need to work out successfully, in a way that makes them feel comfortable, no matter where they are,” said Austin Cohen, CEO and founder of FlexIt. “We’re partnering to further these goals and make sure people can work out their way with premier fitness access and performance apparel.”

2XU is a global leader in sports

British Airways, which is slashing thousands of jobs as coronavirus decimates demand for air travel, announced Monday that CEO Alex Cruz is stepping down “with immediate effect” but gave no reason for his unexpected departure.

Parent group IAG added in a statement that the Spanish businessman, who had been BA chief executive for four and half years, will be replaced by its Aer Lingus boss Sean Doyle.

New IAG chief executive Luis Gallego, a fellow Spaniard who took the reins from Willie Walsh just last month, said the company’s management reshuffle was aimed at emerging stronger from the health crisis.

“We’re navigating the worst crisis faced in our industry and I’m confident … IAG is well placed to emerge in a strong position,” Gallego said.

“I want to thank Alex for all that he has done at British Airways. He worked tirelessly to modernise the airline. He has led the airline through a particularly demanding period and has secured restructuring agreements with the vast majority of employees.”

Investors fretted over the news, sending IAG shares down two percent to 101.45 pence in late Monday morning deals.

Faced with the global travel crisis, the stock has plummeted by a staggering 75 percent since the start of the year — making it the worst performer listed on London’s FTSE 100 index.

“British Airways is going to need a new pair of wings if it is to fly through the pandemic in one piece. The airline is now getting new leadership in the form of Sean Doyle,” said Hargreaves Lansdown analyst Susannah Streeter.

A company spokeswoman declined to comment on the nature of the departure of Cruz, who has overseen a massive cost-slashing drive and will remain non-executive chairman.

British Airways is in the process of axing 13,000 jobs or about one third