Globenewswire | May 29, 2023
Lincoln Educational Services Corporation, a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology has been included in the preliminary list of additions to the annual reconstitution of the broad-market Russell 3000® Index. The list including Lincoln was posted to the FTSE Russell website following the close of the U.S. markets on May 19, 2023. The annual reconstitution is effective as of the U.S. market open on June 26, 2023.
Lincoln Tech is one of the nation’s leading technical schools focusing on career skills training. The school has been providing workforce solutions for employers, ranging from small independently owned businesses to large international corporations, for over 75 years. “Lincoln continues to play a critical role in helping to address the tremendous skills gap that our country is facing,” says Scott Shaw, Lincoln Tech’s president and chief executive officer. Shaw adds, “Our graduates move into jobs that have been deemed essential and contribute to the economic growth of companies and communities. We’re very proud to be included in this list.”
Membership in the Russell 3000® Index means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as in the appropriate growth and value style indexes. The Russell 3000® Index encompasses the 3,000 largest U.S.-traded stocks by objective, market-capitalization rankings, and style attributes. Membership in these indexes is updated annually and remains in place for one year.
The Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell's U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
About Lincoln Educational Services Corporation
Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults career-oriented programs in five principal areas of study: automotive technology, health sciences, skilled trades, business and information technology, and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946.Lincoln currently operates 22 campuses in 14 states under four brands: Lincoln Technical Institute, Lincoln College of Technology and Euphoria Institute of Beauty Arts and Sciences. Lincoln also operates Lincoln Culinary Institutes in both Maryland and Connecticut.
About FTSE Russell
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $20.1 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by London Stock Exchange Group.
Globenewswire | May 15, 2023
Specialized Education Services, Inc. (SESI) today announced the acquisition of NewHope Academy (NHA), a special education school in Arlington Heights, Illinois, that serves those living with autism, emotional disabilities, specific learning disabilities, or other health impairments. The addition of NHA is part of SESI’s strategic growth plan, focusing on expanding its premier education services nationally to K-12 students who require extra academic and behavioral support.
A critical element of that growth strategy, beyond working with local schools and districts to ensure all students that need special education services get the right level of quality supports, is to also identify independent providers that align with SESI’s mission and bring them into the SESI system of schools.
NewHope Academy has a long-standing reputation for providing quality education and support to students with diverse learning needs, complementing SESI’s scope of work serving learners with special needs. The acquisition will allow SESI to leverage its extensive resources and expertise to enhance both the education and support services offered at NHA, while ensuring the continued success of its student body.
“NewHope’s reputation as a provider for children with exceptionalities is exemplary and we are thrilled to have the school as part of the SESI family,” said Dawn Thomas, president of SESI. “This acquisition aligns with our goal of reaching more students who require specialized academic, emotional, and behavioral support. We look forward to working with the dedicated NewHope Academy staff to continue its outstanding legacy in special education.”
For more than 20 years, NewHope Academy has provided students ages 11-21 with both a challenging academic and therapeutic environment. Under SESI leadership, school staff will continue educating young people living with autism and those living with emotional challenges to excel in life through communication, exploration, opportunity, acceptance, accountability, and ambition.
"This is an exciting opportunity for NewHope Academy, as well as for parents and students. With SESI’s backing, we will continue our tradition of excellence in supporting students," stated Brandy Larrance, NHA executive director. "The passion SESI has for empowering learners and supporting students is evident. NHA is proud to be part of the SESI team."
The NHA addition marks SESI’s 15th program in Illinois. It is one of nearly 100 SESI day schools nationwide.
About Specialized Education Services, Inc.
Specialized Education Services, Inc. (SESI), a division of FullBloom, is a premier provider of education services for K-12 students who require additional educational and behavioral supports to overcome challenges that impede success in a traditional school setting. SESI partners with school districts to run classrooms, on-site, within district boundaries and standalone schools that meet the academic, behavioral, and social-emotional needs of special education students with Autism Spectrum Disorders, Emotional Disabilities, Learning Disabilities, and other challenges. Partnering with over 600 school districts nationwide, SESI serves more than 7,000 students in day schools and in-district classrooms. SESI is accredited by Cognia.
Bluum | May 10, 2023
Bluum, is pleased to announce the opening of "The Modern Classroom" in their Las Vegas office. The Modern Classroom is designed to transform the learning experience by providing an environment that encourages critical thinking, adapts to student needs, promotes collaboration, increases student engagement, and heightens motivation to learn. "Technology is not a substitute for a teacher, but a tool that, when used effectively, can enhance the teacher's ability to engage and inspire students to reach their full potential," Wayne LawsonThe Modern Classroom is equipped with the latest educational technology solutions and tools to support teachers and students in achieving their educational goals.With interactive flat panels, software, STEM products and other cutting-edge classroom solutions, students will be able to engage in collaborative and interactive learning experiences that foster critical thinking and problem-solving skills.
At Bluum, we provide technology design, engineering, solutions and services that make business and learning environments more exciting, accessible and interactive, empowering professionals with the resources and knowledge they need to build a brighter tomorrow. Visit Bluum and Bluum Technology to learn more.
About Wayne Lawson
Wayne Lawson, a seasoned educator with nearly two decades of experience, has devoted his life to teaching and has positively impacted numerous students by enabling them to realize their full potential and develop a lifelong love of learning. Wayne's enthusiasm for educational technology has led him to spearhead the integration of cutting-edge tools and methodologies into his teaching methods.