CSRWire - Principal® Foundation Sponsors EVERFI Financial Literacy Bee and Launches New Online Financial Education Center - CSRwire.com

Published an hour ago

Submitted by Principal Financial Group, Inc.

DES MOINES, Iowa, April 1, 2022 /CSRwire/ – To mark National Financial Literacy Month, Principal^® Foundation is encouraging high school students to participate in the 2022 EVERFI Financial Literacy Bee, which provides an opportunity to explore financial decision-making topics and win a college scholarship.

The EVERFI Financial Literacy Bee is a nationwide initiative for students that will run from April 1-15, 2022. Over the course of this two-week challenge, students will explore four topics: the importance of savings, saving for short-term goals, budgeting for medium-term goals, and investing for long-term goals. After completing the four lessons, students can submit a short essay to summarize how they will apply this new information in their own lives. All four lessons and the essay must be completed and submitted by April 15 for the opportunity of one student to win a $1,500 scholarship.

“We are committed to providing the next generation with the education and resources necessary to be more financially capable consumers. This scholarship competition is one way we are advancing that commitment,” said Jo Christine Miles, Principal Foundation and community relations director.

Since 2010, Principal Financial Group^® and Principal Foundation have empowered over 35,000 K-12 students to achieve long-term financial capability by understanding foundational financial concepts through digital education administered in coordination with EVERFI. In 2022, Principal Foundation and EVERFI launched a rotating series of playlists on financial literacy that are geared toward providing information for the whole family.

This new online Financial Education Center will cover a wide variety of topics from EVERFI that provide the knowledge and skills needed to make better financial decisions. Principal Foundation is offering this program to the public at no cost and encourages widespread sharing of this new and valuable free resource.

Click here to sign up for the EVERFI Financial Literacy Bee scholarship challenge.

Click here to learn more about the Financial Education Center.

About Principal^® Foundation
Principal Financial Group Foundation, Inc. (“Principal Foundation”) is a duly recognized 501(c)(3) entity focused on providing philanthropic support to programs that build financial security in the communities where Principal Financial Group, Inc. (“Principal”) operates. While Principal Foundation receives funding from Principal, Principal Foundation is a distinct, independent, charitable entity. Principal Foundation does not practice any form of investment advisory services and is not authorized to do so.

###

_{EVERFI is not an affiliate of any company of the Principal Financial Group^®.
Principal^®, Principal Financial Group^®, and Principal and the logomark design are registered trademarks of Principal Financial Services, Inc., a Principal Financial Group company, in the United States and are trademarks and service marks of Principal Financial Services, Inc., in various countries around the world.
© 2022 Principal Financial Services, Inc.
2092546-032022}

Principal Financial Group, Inc.

Principal Financial Group, Inc.

Principal Financial Group® (Nasdaq: PFG) is a global financial company with 18,500 employees1 passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping more than 51 million customers1 plan, protect, invest, and retire, while working to support the communities where we do business, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of America’s 100 Most Sustainable Companies2, a member of the Bloomberg Gender Equality Index, and a Top 10 “Best Places to Work in Money Management3.” Learn more about Principal and our commitment to building a better future at principal.com.

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Elon Musk to send Kennedy High principal to space? Only on April Fool’s Day - Richmond Standard

Image courtesy of the school.

By Kathy Chouteau

No, Kennedy High School Principal Jarod Scott is not flying to space courtesy of Elon Musk. And a mysterious candidate with the mononymous name, “Paris,” is not running for mayor of Richmond. Call it spring fever or pandemic punchiness, but these are just the latest crop of pranks on what is apparently everyone’s favorite holiday in Richmond: April Fool’s Day.

This morning, an exciting message was posted on Kennedy High School’s Facebook page: “Our very own Principal Scott is heading to SPACE!! Please congratulate him and join us on May 30 as we watch our Eagle Leader FLY HIGH!!”

The post was accompanied by a photo of a jubilant Principal Scott giving the thumbs up next to another photo of a SpaceX rocket launch. Above the photos is the header, “Breaking News,” followed by this message: “Principal Scott has been selected to join the next SpaceX flight to the edge of space!!! This was a special opportunity presented to educators across the country and he beat out thousands for the opportunity. Please congratulate him on this special honor—we will watch live as a school as the launch is broadcast May 30!!!!”

It turns out the joke was on Principal Scott too, who arrived at school this morning unaware of the prank, only to be greeted by congratulations from numerous people—including his boss, West Contra Costa Unified School District (WCCUSD) Secondary Network III Executive Director Summer Sigler. The principal told the Standard he responded, “I don’t know what you mean.”

Eventually, Kennedy High Assistant Principal Helene Burks was revealed as the mastermind behind the prank—all in a good day’s fun at the school.

It seems Assistant Principal Burks wasn’t the only prankster afoot in Richmond this morning. Richmond Mayor Tom Butt issued an E-Forum message early today entitled, “Exciting New Candidate Enlivens Mayors Race.” The candidate, “Paris,” who was apparently “born and bred in Richmond,” was touted as a “particularly attractive candidate to the environmental community.”

Alas, Paris—described as a vegan—was ultimately revealed to be one of the mayor’s famed goats. Yet another one of Mayor Butt’s annual April Fool’s Day pranks!

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Report finds former principal 'failed to oversee' student after 2 sexual assault cases - 10TV

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Report finds former principal 'failed to oversee' student after 2 sexual assault cases  10TV
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Video of incident involving principal part of investigation, district says - WPLG Local 10

PEMBROKE PINES, Fla. – She has been a principal at Flanagan High for three years and has been employed with the Broward County School District for nearly 15 years. Now, Paula Peters has been reassigned away from students and the school as the district conducts an investigation.

The incident happened just as students were participating in a walkout protesting a bill that had passed in Tallahassee, the so-called “Don’t Say Gay” bill on March 16.

That’s when a cellphone video captured Peters shoving a student repeatedly.

The video shows her at first scolding the student while pointing her finger at him. She then reprimands him, followed by three shoves.

“It was the ‘Don’t Say Gay’ protest during school and I guess things just got a little heated and there was a little altercation between a principal and a student,” Mario Garcia, a student at the school said.

“She got real aggressive. She was yelling at kids,” said Garcia.

Another student Tyler Hamilton said he heard from other students that Peters pinched the student.

Local 10 News reached out to the district who said that the video is now part of an ongoing investigation.

The district also released a statement.

“The District’s Special Investigative Unit is investigating this incident. The employee has been administratively reassigned away from the school and students pending the outcome of the investigation,” according to the Office of Communications, Broward County Public Schools.

Local 10 News is gathering more details about what led up to the incident and if the student is still enrolled at the school.

Broward County Public Schools Office of Communications released information at Local 10 News’ request about Peters’ employment with the district from information provided by the District’s Human Resources Department.

7/1/07 to 6/30/08:  Teacher (Reading Coach) at Piper High School

7/1/08 to 6/30/09:  Teacher (Language Arts) at Piper High School

7/1/09 to 6/30/10:  Teacher (Reading Coach) at Piper High School

7/1/10 to 1/16/11:  Teacher (Reading) at Piper High School

1/17/11 to 9/16/13:  Teacher (Reading) at Piper High School

9/17/13 to 6/30/15:  Teacher (Reading) at Western High School

7/1/15 to 7/28/15:  Teacher (Language Arts) at Western High School

7/29/15 to 6/30/19:  Asst. Principal at Boyd Anderson High School

7/1/19 to Present:  Principal at Charles Flanagan High School

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Butterfield receives Brewer Principal's Award - Bangor Daily News

BREWER – Emma Butterfield of Brewer, a senior at Brewer High School, has been selected to receive the 2022 Principal’s Award, Principal Brent Slowikowski announced. The award, sponsored by the Maine Principals’ Association, is given to a high school senior in recognition of their academic achievement and citizenship.

“Emma is an outstanding member of our school community and a fabulous ambassador for Brewer High School. She is involved in numerous clubs and activities in and beyond the school, while maintaining an extremely high level of achievement in the classroom,” said Slowikowski. “Emma is a true leader, one who can be counted on to get things done. She is more than deserving of this award.”

Butterfield, Slowikowski, and other award winners and their principals will participate in a Live Virtual Scholarship Drawing Event on Friday, April 1 at 11 a.m. Ten $1,000 scholarships will be drawn in the names of former Maine principals and MPA Executive Directors Horace O. McGowan, Richard W. Tyler, and Richard A.Durost.

The Principal’s Award is presented in more than 100 Maine public and private high schools by member principals of the MPA, the professional association which represents Maine’s school administrators.

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CSRWire - Principal® Sponsors the Premier Hockey Federation: Advancing Gender Equity in Sports - CSRwire.com

Published 8 hours ago

Submitted by Principal Financial Group, Inc.

Originally published on LinkedIn

Professional hockey player Shiann Darkangelo balances the demands of owning a small business with playing pro hockey because it’s her passion. “We’re all in it for the same thing—to grow the game and to inspire young girls who hopefully won’t have to do two jobs.”

Principal is a proud sponsor of the Premier Hockey Federation, which designates 50% of its sponsorship revenue to increasing player salaries.

Principal has aligned its sports advertising and sponsorship strategy for 2022 to reflect its internal commitment to gender equity. Through its media investment, Principal is an active supporter of NCAA Women’s and Men’s basketball and professional tennis and golf across gender. 

About Principal Financial Group®
Principal Financial Group^® (Nasdaq: PFG) is a global financial company with 18,000 employees passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping more than 49 million customers1 plan, insure, invest, and retire, while working to support the communities where we do business, improve our planet, and build a diverse, inclusive workforce. Principal^® is proud to be recognized as one of the World’s Most Ethical Companies, a member of the Bloomberg Gender Equality Index, and a Top 10 “Best Places to Work in Money Management.” Learn more about Principal and our commitment to sustainability, inclusion, and purpose at principal.com.

Principal Financial Group, Inc.

Principal Financial Group, Inc.

Principal (Nasdaq: PFG) helps people and companies around the world build, protect and advance their financial well-being through retirement, insurance and asset management solutions that fit their lives. Our employees are passionate about helping clients of all income and portfolio sizes achieve their goals – offering innovative ideas, investment expertise and real-life solutions to make financial progress possible. To find out more, visit us at principal.com.

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Here's Why You Should Retain Principal Financial (PFG) Stock - Yahoo Finance

Principal Financial Group, Inc. PFG is poised for growth on the back of its higher sales of the single premium group, financial flexibility and effective capital deployment.

Growth Projections

The Zacks Consensus Estimate for Principal Financial’s 2023 earnings per share is pegged at $7.75, indicating a year-over-year increase of 15.6%. The expected long-term earnings growth rate is pegged at 9.1%.

Zacks Rank & Price Performance

Principal Financial currently carries a Zacks Rank #3 (Hold). The stock has rallied 23.1% against the industry’s decline of 10.7% in the past year.

Zacks Investment Research

Image Source: Zacks Investment Research

Earnings Surprise History

Principal Financial has a decent earnings surprise history. It beat estimates in each of the last four quarters, the average beat being 11.06%.

Business Tailwinds

Principal Financial should continue to benefit from its strength and leadership in retirement and long-term savings; group benefits and protection in the United States; retirement and long-term savings in Latin America and Asia; and global asset management.

Principal Financial expects to grow its operating earnings per share at a rate of 10-13%.

Riding on higher premiums and other considerations, fees and other revenues and higher net investment income across Principal Financial’s segments, its top line is expected to improve in the long run.

Net revenues at Retirement and Income Solutions segment - Fee are expected to be $2.1 billion, up 3% to 6% in 2022. Higher sales of the single premium group and individual annuities with life contingencies, higher fees stemming from an increase in mean account values, which resulted from continued growth in the equity markets, are likely to boost the performance of the segment.

Principal International is likely to benefit from higher single premium annuity sales in Chile. The segment’s operating earnings should gain from foreign currency tailwinds.

Principal Financial’s assets under management should continue to gain from positive net cash flow over the trailing 12 months, strong investment performance, and the migration of institutional retirement and trust retirement assets.

In 2022, combined net revenues at Principal International are projected to be $963 million, suggesting a decline of 2% to a rise of 2%. Premium and fees at Specialty Benefits are estimated to be $2.5 billion, indicating growth of 6-10%. The loss ratio at Specialty Benefits is estimated between 60% and 64%.

Principal Financial boasts a strong capital position, with sufficient cash generation capabilities and liquidity. The investment manager exited 2021 with $2.6 billion of excess and available capital. For 2022, PFG expects to maintain a leverage ratio of 20-25%.

In 2021, Principal Financial returned $1.6 billion in capital to its shareholders. The investment manager estimates returning $2.5-$3 billion of capital to shareholders in 2022, consisting of $2-$2.3 billion in share repurchases and a 40% dividend payout ratio. Average shares outstanding are estimated between 248 million and 256 million. PFG also boasts a solid dividend yield of 3.5%, higher than the industry average of 2.8%.

Stocks to Consider

Some better-ranked stocks from the finance sector are Ares Management Corporation ARES, Blue Owl Capital Inc. OWL and Ameriprise Financial, Inc. AMP, currently carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Ares Management’s earnings surpassed the Zacks Consensus Estimate in two of the last four quarters and missed in the other two, the average beat being 7.88%. In the past year, ARES has gained 49.6%.

Ares Management’s expected long-term earnings growth rate is pegged at 26.8%, higher than the industry average of 13.7%. The Zacks Consensus Estimate for 2022 and 2023 earnings indicates 27.2% and 21.5% year-over-year growth, respectively.

Blue Owl Capital’s earnings surpassed estimates in each of the last four quarters, the average beat being 9.09%. In the past year, OWL has gained 25.1%.

The Zacks Consensus Estimate for BSIG’s 2022 and 2023 earnings has moved 22.6% and 8.3% north in the past 60 days. The Zacks Consensus Estimate for 2023 earnings indicates 20% year-over-year growth.

Ameriprise Financial’s earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, the average beat being 7.6%. In the past year, Ameriprise Financial has rallied 37.3%.

The Zacks Consensus Estimate for AMP’s 2022 and 2023 earnings has moved 5.2% and 8.1% north in the past 60 days. The Zacks Consensus Estimate for 2022 and 2023 earnings indicates 13.98% and 14.37% year-over-year growth, respectively.

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