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Ohio teen accused of stabbing brother to death
SPRINGFIELD TOWNSHIP, Ohio (WXIX/Gray News) - A 15-year-old girl was charged Monday in the killing of her brother in Ohio, WXIX reported.
Monday morning around 11 a.m., Springfield Township officers were called to a home where they found a 16-year-old boy with a stab wound.
He was taken to the University of Cincinnati Medical Center but died there.
The investigation determined the teen boy was stabbed by his 15-year-old sister, officials said. She was arrested and charged with murder.
Authorities have not said what led up to Monday’s stabbing.
“I’m just lost of words,” another sibling said. “You wouldn’t think that, like, my little sister, killing my little brother. Yeah I’m just lost for words.”
Their sister’s arrest is just as shocking.
“She’s also a good kid, so I don’t think she intentionally meant to do that,” another sibling said. “There was just a little argument, you know. Out of anger, she probably did it, but I don’t think she really meant to do it.”
Jackie Brewton lives nearby and was having lunch with her son, Tino Brewton, when she saw police officers arrive on Monday.
Jackie Brewton said her son ran over to the victim to try and help him.
“He took his shirt off to start compressions on the boy’s chest,” she said. “He said the stab wound was like somewhere in between his heart and his lung.”
Tino Brewton said he was talking to the boy to figure out what happened.
“I tried to keep him talking because he had been stabbed,” Tino Brewton said. “He kept saying his sister stabbed him.”
Copyright 2022 WXIX via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/21/ohio-teen-allegedly-stabs-brother-death/ | 2022-06-21T13:18:53Z |
SAN FRANCISCO (AP) — Authorities will not file criminal charges against former heavyweight champ Mike Tyson after he wasrecorded on videopunching a fellow first-class passenger aboard a plane at San Francisco International Airport last month, prosecutors announced Tuesday.
The San Mateo County District Attorney’s Office said it has closed the case and decided against pursuing charges based on “the circumstances surrounding the confrontation.”
“These include the conduct of the victim leading up to the incident, the interaction between Mr. Tyson and the victim, as well as the requests of both the victim and Mr. Tyson that no charges be filed in this case,” District Attorney Stephen Wagstaffe said in a statement.
Police previously said that the victim had provided few details about the altercation and refused to cooperate with the investigation.
Representatives for Tyson previously said the boxer was on a flight with “an aggressive passenger who began harassing him and threw a water bottle at him while he was in his seat.”
The April 20 video shows Tyson leaning over the back of his seat repeatedly striking the unidentified man in the head, drawing blood. The footage was first shared by TMZ, which said it was recorded on a JetBlue Airways plane bound for Florida.
Prior to the physical altercation, the other passenger was seen on the video standing over Tyson’s seat — waving his arms and talking animatedly while the former boxer sits quietly.
Attorneys for Tyson praised the district attorney’s decision in a statement on Tuesday, thanking law enforcement for “careful, diligent and professional work.”
Another passenger on the flight, Sarah Burchfield, told SFGate that she had seen the man who Tyson punched at an airport bar earlier appearing loud and quarrelsome.
“When I boarded the flight, I thought, ‘Oh, no, that drunk guy is on our flight,’” Burchfield told the media outlet.
Since Tyson, 55, retired from boxing, he has worked as an actor, podcaster and cannabis entrepreneur. He was in San Francisco in April for the annual 420 cannabis festival in Golden Gate Park, where he was promoting his cannabis brand Tyson 2.0, SFGate reported.
Tyson became the youngest heavyweight champion in history in 1987 at age 20. During his career he had 50 wins, 44 of them by knockout.
In the 1990s, Tyson served three years in prison after being convicted of rape. He has maintained his innocence in that case.
Tyson was briefly barred from boxing after infamously biting off part of Evander Holyfield’s ear during a fight in 1997.
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This version has been updated to correct that the name of airline is JetBlue Airways, not Jet Blue. | https://cw33.com/news/u-s-news/ap-u-s-headlines/no-charges-for-mike-tyson-for-punching-airplane-passenger/ | 2022-05-11T15:39:39Z |
BUFFALO, N.Y., July 20,2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the quarter ended June 30, 2022.
GAAP Results of Operations. Diluted earnings per common share measured in accordance with generally accepted accounting principles ("GAAP") were $1.08 in the second quarter of 2022, compared with $3.41 in the year-earlier quarter and $2.62 in the first quarter of 2022. GAAP-basis net income was $218 million in the recent quarter, $458 million in the second quarter of 2021 and $362 million in the first 2022 quarter. GAAP-basis net income in the second quarter of 2022 expressed as an annualized rate of return on average assets and average common shareholders' equity was .42% and 3.21%, respectively, compared with 1.22% and 11.55%, respectively, in the similar 2021 period and .97% and 8.55%, respectively, in the first quarter of 2022. M&T's second quarter 2022 results reflect a full-quarter impact of its April 1, 2022 acquisition of People's United Financial, Inc. ("People's United"). However, the results reflect non-operating merger-related expenses associated with the acquisition of $465 million ($346 million after-tax effect, or $1.94 of diluted earnings per common share) in the recent quarter, compared with $4 million ($3 million after-tax effect, or $.02 of diluted earnings per common share) in the year-earlier quarter and $17 million ($13 million after-tax effect, or $.10 of diluted earnings per share) in the initial quarter of 2022.
The closing of the acquisition of People's United resulted in the issuance of 50.3 million common shares. Pursuant to the terms of the merger agreement, People's United shareholders received consideration valued at .118 of an M&T common share in exchange for each common share of People's United. Additionally, People's United outstanding preferred stock was converted into shares of Series H preferred stock of M&T (NYSE: MTBPrH). The fair value of assets acquired in the transaction totaled approximately $64.2 billion, including $35.8 billion of loans and leases, while liabilities assumed were approximately $55.5 billion, including $53.0 billion of deposits. The purchase price totaled approximately $8.4 billion (with the price based on M&T's close price of $164.66 per share as of April 1, 2022). The transaction resulted in approximately $3.9 billion of goodwill recorded on M&T's balance sheet. The company anticipates transferring financial records of People's United to M&T's core operating systems by the end of the third quarter.
Darren J. King, Chief Financial Officer, commented on M&T's results, "We were extremely pleased with the second quarter results and our continued momentum following the acquisition of People's United. Higher average earning assets and the benefits from an increased net interest margin helped drive revenue growth, while expenses remained well controlled. Although financial results for the recent quarter reflect significant merger-related expenses, the acquisition has already had a positive impact on M&T's net operating results. In addition, our capital position remains very strong with an estimated Common Equity Tier 1 ratio of 10.9%."
For the first six-months of 2022, diluted earnings per common share were $3.45, compared with $6.73 in the year-earlier period. GAAP-basis net income was $580 million and $905 million in the first half of 2022 and 2021, respectively. Expressed as an annualized rate of return on average assets and average common shareholders' equity, GAAP-basis net income in the six-month period ended June 30, 2022 was .65% and 5.34%, respectively, compared with 1.22% and 11.56%, respectively, in the similar 2021 period.
Supplemental Reporting of Non-GAAP Results of Operations. M&T consistently provides supplemental reporting of its results on a "net operating" or "tangible" basis, from which M&T excludes the after-tax effect of amortization of core deposit and other intangible assets (and the related goodwill and core deposit and other intangible asset balances, net of applicable deferred tax amounts) and expenses associated with merging acquired operations into M&T (when incurred), since such items are considered by management to be "nonoperating" in nature. The amounts of such "nonoperating" expenses are presented in the tables that accompany this release.
Reflected in merger-related expenses in the second quarter of 2022 was a provision for credit losses of $242 million. GAAP requires that acquired loans be recorded at estimated fair value, which includes the use of interest rate and expected credit loss assumptions to forecast estimated cash flows. GAAP also provides that an allowance for credit losses on loans acquired, but not classified as purchased credit deteriorated ("PCD") also be recognized. Accordingly, M&T recorded a $242 million provision related to such loans obtained in the People's United acquisition. Given the requirement to recognize such losses above and beyond the impact of forecasted losses used in determining the fair value of acquired loans, M&T considers that provision to be a merger-related expense. Other merger-related expenses generally consist of professional services and other temporary help fees associated with actual or planned conversions of systems and/or integration of operations, costs related to terminations of existing contractual arrangements to purchase various services, severance and travel costs. Although "net operating income" as defined by M&T is not a GAAP measure, M&T's management believes that this information helps investors understand the effect of acquisition activity in reported results.
Diluted net operating earnings per common share were $3.10 in the second quarter of 2022, compared with $3.45 in the year-earlier quarter and $2.73 in the first quarter of 2022. Net operating income aggregated $578 million in the recent quarter, $463 million in the second quarter of 2021 and $376 million in 2022's first quarter. Expressed as an annualized rate of return on average tangible assets and average tangible common shareholders' equity, net operating income in the second quarter of 2022 was 1.16% and 14.41%, respectively, 1.27% and 16.68%, respectively, in the similar quarter of 2021 and 1.04% and 12.44%, respectively, in the first quarter of 2022.
Diluted net operating earnings per common share in the first six months of 2022 totaled $5.88, compared with $6.84 in the similar 2021 period. Net operating income during the first half of 2022 was $954 million, up from $920 million in the six-month period ended June 30, 2021. Net operating income expressed as an annualized rate of return on average tangible assets and average tangible common shareholders' equity was 1.11% and 13.57%, respectively, in the initial six months of 2022, compared with 1.28% and 16.86%, respectively, in the similar 2021 period.
Taxable-equivalent Net Interest Income. Net interest income expressed on a taxable-equivalent basis totaled $1.42 billion in the recent quarter, compared with $946 million in the second quarter of 2021 and $907 million in the first quarter of 2022. The increase compared with the earlier quarters reflects a higher net interest margin and the impact of earning assets obtained in the acquisition of People's United that totaled approximately $56.6 billion on April 1, 2022. Average earning assets rose to $189.8 billion in the recent quarter, 39% above the $136.9 billion average in the second quarter of 2021 and 37% higher than $138.6 billion in 2022's first quarter. Average loans outstanding were $127.6 billion in the second quarter of 2022, compared with $98.6 billion in the year earlier quarter and $92.2 billion in the first quarter of 2022. Reflecting the impact of rising interest rates, the net interest margin increased to 3.01% in the second quarter of 2022, up from 2.77% in the corresponding quarter of 2021 and 2.65% in the first quarter of 2022.
Provision for Credit Losses/Asset Quality. The provision for credit losses was $302 million in the second quarter of 2022. As already noted, included in that amount was a $242 million provision, recorded in accordance with GAAP, related to loans obtained in the People's United acquisition that were considered non-PCD. GAAP provides that an allowance for credit losses on such loans be recorded beyond the recognition of the fair value of the loans at the acquisition date. In addition to that merger-related provision, M&T recorded a provision for credit losses of $60 million in the recent quarter. A $10 million provision was recorded in the initial quarter of 2022 and a $15 million provision recovery in the second quarter of 2021. Net loan charge-offs were $50 million in the second quarter of 2022, $46 million in the second quarter of 2021 and $7 million in 2022's first quarter. Expressed as an annualized percentage of average loans outstanding, net charge-offs were .16% and .19% in the second quarters of 2022 and 2021, respectively, and .03% in the first quarter of 2022.
Loans classified as nonaccrual totaled $2.63 billion at June 30, 2022, up from $2.24 billion at June 30, 2021 and $2.13 billion at March 31, 2022. The increase in the balance of nonaccrual loans resulted from loans obtained in the acquisition of People's United. Nonaccrual loans as a percentage of total loans declined to 2.05% at the recent quarter-end from 2.31% a year earlier and 2.32% at March 31, 2022. Assets taken in foreclosure of defaulted loans were $29 million at June 30, 2022, $28 million a year earlier and $24 million at March 31, 2022.
Allowance for Credit Losses. M&T regularly performs comprehensive analyses of its loan portfolios and assesses forecasted economic conditions for purposes of determining the adequacy of the allowance for credit losses. As a result of those procedures, the allowance for credit losses totaled $1.82 billion or 1.42% of loans outstanding at June 30, 2022. The acquisition of People's United loans and leases resulted in a $341 million increase in the allowance for credit losses as of April 1, 2022, including $99 million related to PCD loans and $242 million related to non-PCD loans. Including the impact of the acquisition, M&T's allowance for credit losses was $1.81 billion on April 1, 2022, or 1.42% of then outstanding loans. The allowance for credit losses was $1.58 billion or 1.62% of loans outstanding at June 30, 2021 and $1.47 billion or 1.60% at March 31, 2022.
Noninterest Income and Expense. Noninterest income totaled $571 million in the second quarter of 2022, up from $514 million in the year-earlier quarter. People's United-related revenues in the recent quarter added approximately $79 million to noninterest income, including $33 million in service charges on deposit accounts and $14 million in trust income. Excluding People's United-related revenues, the lower level of noninterest income in the most recent quarter as compared with the second quarter of 2021 reflects decreased mortgage banking revenues impacted by M&T's decision to retain recently originated mortgage loans in portfolio rather than sell such loans while still selling select lower-yielding mortgage loans, partially offset by higher trust income and brokerage services income. Noninterest income was $541 million in this year's first quarter. The comparative decline in the recent quarter, excluding People's United-related revenues, was predominantly the result of decreased mortgage banking revenues and receipt of a $30 million distribution resulting from M&T's investment in Bayview Lending Group in 2022's initial quarter, whereas no similar distribution was received in the recent quarter. Those declines were partially offset by higher trust income and increased merchant discount and credit card fees included in other revenues from operations.
Noninterest expense totaled $1.40 billion in the second quarter of 2022, compared with $865 million in the similar quarter of 2021 and $960 million in the first quarter of 2022. Excluding expenses considered to be nonoperating in nature, such as amortization of core deposit and other intangible assets and merger-related expenses, noninterest operating expenses were $1.16 billion in the recent quarter, $859 million in the second quarter of 2021 and $941 million in 2022's first quarter. The most significant factor for the higher level of operating expenses in the recent quarter was the impact of operations obtained in the People's United acquisition.
The efficiency ratio, or noninterest operating expenses divided by the sum of taxable-equivalent net interest income and noninterest income (exclusive of gains and losses from bank investment securities), measures the relationship of operating expenses to revenues. M&T's efficiency ratio was 58.3% in the second quarter of 2022, 58.4% in the year-earlier quarter and 64.9% in the first quarter of 2022. The higher ratio in 2022's first quarter reflects seasonally higher salaries and employee benefits expenses in that quarter.
Balance Sheet. M&T had total assets of $204.0 billion at June 30, 2022, compared with $150.6 billion and $149.9 billion at June 30, 2021 and March 31, 2022, respectively. Loans and leases, net of unearned discount, were $128.5 billion at June 30, 2022, compared with $97.1 billion at June 30, 2021 and $91.8 billion at March 31, 2022. The higher level of loans and leases at the recent quarter-end as compared with the earlier dates noted is largely a reflection of balances associated with the acquisition of People's United. Also reflective of that acquisition, total deposits rose to $170.4 billion at the recent quarter-end, compared with $128.3 billion a year earlier and $126.3 billion at March 31, 2022.
Total shareholders' equity was $25.8 billion or 12.64% of total assets at June 30, 2022, $16.7 billion or 11.10% at June 30, 2021 and $17.9 billion or 11.93% at March 31, 2022. Common shareholders' equity was $23.8 billion, or $135.16 per share, at June 30, 2022, compared with $15.5 billion, or $120.22 per share, a year-earlier and $16.1 billion, or $124.93 per share, at March 31, 2022. Tangible equity per common share was $85.78 at June 30, 2022, $84.47 at June 30, 2021 and $89.33 at March 31, 2022. In the calculation of tangible equity per common share, common shareholders' equity is reduced by the carrying values of goodwill and core deposit and other intangible assets, net of applicable deferred tax balances. M&T estimates that the ratio of Common Equity Tier 1 to risk-weighted assets under regulatory capital rules was approximately 10.9% at June 30, 2022, compared with 11.7% three months earlier and 10.7% at June 30, 2021.
In accordance with its capital plan, M&T repurchased 3,505,946 shares of its common stock during the recent quarter at an average cost per share of $171.14 resulting in a total cost of $600 million.
Conference Call. Investors will have an opportunity to listen to M&T's conference call to discuss second quarter financial results today at 10:00 a.m. Eastern Time. Those wishing to participate in the call may dial (888) 632-3384. International participants, using any applicable international calling codes, may dial (785) 830-1914. Callers should reference M&T Bank Corporation or the conference ID #MTBQ222. The conference call will be webcast live through M&T's website at https://ir.mtb.com/events-presentations. A replay of the call will be available through Wednesday July 27, 2022 by calling (800) 925-9346, or (402) 220-5380 for international participants. No conference ID is required. The event will also be archived and available by 3:00 p.m. today on M&T's website at https://ir.mtb.com/events-presentations.
About M&T. M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information on M&T Bank, visit www.mtb.com.
Upon closing the acquisition of People's United, M&T and The M&T Charitable Foundation launched a series of investments and activities to support communities across New England and New York. Among those efforts was the announcement of the Amplify Fund – a philanthropic investment to drive sustainable impact across the legacy People's United region. The Fund will be deployed over three years to benefit historically under-represented, low- and moderate-income communities using a racial equity and justice lens.
Last month, the company also launched a Multicultural Small Business Innovation Lab in Bridgeport, Connecticut. This follows successful initiatives in Buffalo and Harrisburg. The seven-week program is designed to help local multicultural business owners thrive, grow and pursue new ideas by providing guidance and skills to expand and operate their businesses. It will accept as many as 50 entrepreneurs and is part of M&T Bank's mission to build a culturally fluent bank that understands the needs of the communities it serves and provide the resources to address those needs.
Forward-Looking Statements. This news release and related conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the rules and regulations of the SEC. Any statement that does not describe historical or current facts is a forward-looking statement, including statements based on current expectations, estimates and projections about M&T's business, and management's beliefs and assumptions.
Statements regarding the potential effects of events or factors specific to M&T and/or the financial industry as a whole, as well as national and global events generally, on M&T's business, financial condition, liquidity and results of operations may constitute forward-looking statements and are subject to the risk that the actual effects may differ, possibly materially, from what is reflected in those forward-looking statements due to factors and future developments that are uncertain, unpredictable and in many cases beyond M&T's control. As described further below, statements regarding M&T's expectations or predictions regarding the acquisition of People's United are also forward-looking statements, including statements regarding the expected financial results, prospects, targets, goals and outlook.
Forward-looking statements are typically identified by words such as "believe," "expect," "anticipate," "intend," "target," "estimate," "continue," or "potential," by future conditional verbs such as "will," "would," "should," "could," or "may," or by variations of such words or by similar expressions. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions ("future factors") which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements.
Future factors include the impact of the People's United transaction (as described in the next paragraph); the impact of the war in Ukraine; the impact of the COVID-19 pandemic; economic conditions including inflation and supply chain issues; changes in interest rates, spreads on earning assets and interest-bearing liabilities, and interest rate sensitivity; prepayment speeds, loan originations, credit losses and market values on loans, collateral securing loans, and other assets; sources of liquidity; common shares outstanding; common stock price volatility; fair value of and number of stock-based compensation awards to be issued in future periods; the impact of changes in market values on trust-related revenues; legislation or regulations affecting the financial services industry and/or M&T and its subsidiaries individually or collectively, including tax policy; regulatory supervision and oversight, including monetary policy and capital requirements; governmental and public policy changes; the outcome of pending and future litigation and governmental proceedings, including tax-related examinations and other matters; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board, regulatory agencies or legislation; increasing price, product and service competition by competitors, including new entrants; rapid technological developments and changes; the ability to continue to introduce competitive new products and services on a timely, cost-effective basis; the mix of products and services; containing costs and expenses; protection and validity of intellectual property rights; reliance on large customers; technological, implementation and cost/financial risks in large, multi-year contracts; continued availability of financing; financial resources in the amounts, at the times and on the terms required to support M&T and its subsidiaries' future businesses; and material differences in the actual financial results of merger, acquisition and investment activities compared with M&T's initial expectations, including the full realization of anticipated cost savings and revenue enhancements.
In addition, future factors related to the acquisition of People's United include, among others: the outcome of any legal proceedings that may be instituted against M&T; the possibility that the anticipated benefits of the transaction will not be realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where M&T does business; diversion of management's attention from ongoing business operations and opportunities; potential adverse reactions or changes to business or employee relationships; M&T's success in executing its business plans and strategies and managing the risks involved in the foregoing; the business, economic and political conditions in the markets in which M&T operates; and other factors that may affect future results of M&T.
Future factors related to the acquisition also include risks, such as, among others: that there could be an adverse effect on M&T's ability to retain customers and retain or hire key personnel and maintain relationships with customers; that integration efforts may be more difficult or time-consuming than anticipated, including in areas such as sales force, cost containment, asset realization, systems integration and other key strategies; that profitability following the combination may be lower than expected including for possible reasons such as lower than expected revenues or higher or unexpected costs, charges or expenses resulting from the transaction; unforeseen risks that may exist; and other factors that may affect future results of M&T.
These are representative of the future factors that could affect the outcome of the forward-looking statements. In addition, such statements could be affected by general industry and market conditions and growth rates, general economic and political conditions, either nationally or in the states in which M&T and its subsidiaries do business, including interest rate and currency exchange rate fluctuations, changes and trends in the securities markets, and other future factors.
M&T provides further detail regarding these risks and uncertainties in its Form 10-K for the year-ended December 31, 2021, including in the Risk Factors section of such report, as well as in other SEC filings. Forward-looking statements speak only as of the date made and M&T does not assume any duty and does not undertake to update forward-looking statements.
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NEW YORK, April 21, 2022 /PRNewswire/ -- 5WPR, one of the largest independently-owned PR firms in the U.S., announces the creation of a specialty video game public relations division, allowing for a focused and strategic approach to modern gaming as technologies and access to these games continue to advance.
5WPR has been agency of record for several groundbreaking leaders in the video gaming space, including the internet's largest user-powered game platform, allowing the team to develop tried and true strategies in this aggressive industry.
"While video games have been around for decades, we are preparing to welcome a new era of gaming unlike any seen before thanks to the incredible advancements being made within the industry," said 5WPR CEO, Matthew Caiola. "As lines are blurred between games and reality, we've recognized the increased need for our video game clients to have a team dedicated solely to their work as the industry moves at an accelerating pace."
PR services offered to video game clients include messaging and positioning, media relations, visibility programs, content creation, partnerships and celebrity relations, digital media campaigns, events, thought leadership and speaking opportunities.
About 5WPR
5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 250 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and Digital Marketing (Social Media, Influencer, Paid Media, SEO). 5W was awarded 2020 PR Agency of The Year and brings leading businesses a resourceful, bold and results-driven approach to communication.
Media Contact:
Matthew Caiola
mcaiola@5wpr.com / 212.999.5585
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SOURCE 5W Public Relations | https://www.wibw.com/prnewswire/2022/04/21/5wpr-announces-creation-specialty-video-game-division/ | 2022-04-21T14:20:43Z |
HANGZHOU, China, Sept. 15, 2022 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG), an education and management services provider in China ("Hailiang Education" or the "Company"), today announced that at an extraordinary general meeting of shareholders held today, the Company's shareholders voted in favor of, among other things, the proposal to approve the re-election of five directors of the Company to hold office until the effective time of the Merger (as defined below), and the proposal to authorize and approve the previously announced agreement and plan of merger (the "Merger Agreement"), dated May 7, 2022, by and between the Company, Hailiang Education International Limited, an exempted company with limited liability incorporated under the law of the Cayman Islands ("Parent"), and HE Merger Sub Limited, an exempted company with limited liability incorporated under the law of the Cayman Islands and a wholly owned subsidiary of Parent ("Merger Sub"), the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the "Plan of Merger") in order to give effect to the merger of Merger Sub with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of Parent (the "Merger"), and any and all transactions contemplated by the Merger Agreement and the Plan of Merger, including the Merger.
Approximately 88.53% of the Company's total outstanding ordinary shares, including ordinary shares represented by the Company's American Depositary Shares (the "ADSs"), voted in person or by proxy at the extraordinary general meeting. Each shareholder had one vote for each ordinary share. These shares represented approximately 88.53% of the total outstanding votes represented by the Company's total ordinary shares outstanding at the close of business in the Cayman Islands on the record date of September 1, 2022. The following is a summary of the voting results at the extraordinary general meeting of shareholders:
- The Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger, were approved by over 99.99% of the total votes cast at the extraordinary general meeting.
- The authorization of each of the directors of the Company to do all things necessary to give effect to the Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger was approved by over 99.99% of the total votes cast at the extraordinary general meeting.
- The re-election of Mr. Junwei Chen as a director of the Company to hold office until the effective time of the Merger was approved by over 99.99% of the total votes cast at the extraordinary general meeting.
- The re-election of Mr. Cuiwei Ye as a director of the Company to hold office until the effective time of the Merger was approved by over 99.99% of the total votes cast at the extraordinary general meeting.
- The re-election of Mr. Ken He as a director of the Company to hold office until the effective time of the Merger was approved by over 99.99% of the total votes cast at the extraordinary general meeting.
- The re-election of Mr. Xiaofeng Cheng as a director of the Company to hold office until the effective time of the Merger was approved by over 99.99% of the total votes cast at the extraordinary general meeting.
- The re-election of Mr. Xiaohua Gu as a director of the Company to hold office until the effective time of the Merger was approved by over 99.99% of the total votes cast at the extraordinary general meeting.
Completion of the Merger is subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement. The Company will work with the other parties to the Merger Agreement towards satisfying all other conditions precedent to the Merger set forth in the Merger Agreement and completing the Merger as quickly as possible. If and when completed, the Merger would result in the Company becoming a privately held company, its ADSs will no longer be listed on the NASDAQ Global Market, and the Company's ADS program for the Company's ordinary shares will terminate.
About Hailiang Education Group Inc.
Hailiang Education Group Inc. (Nasdaq: HLG) is an education and management services provider in China. The Company primarily focuses on providing distinguished, specialized, and internationalized education. Hailiang Education is dedicated to providing students with high-quality high school curriculum education, student management services, ancillary educational services, and education and management services, and it strives to maintain the high quality of its students' life, study, and development. Hailiang Education adapts its educational services based upon its students' individual aptitudes. Hailiang Education is devoted to improving its students' academic capabilities, cultural accomplishments, and international perspectives. For more information, please visit http://ir.hailiangedu.com.
Forward-Looking Statements
This press release contains information about Hailiang Education's view of its future expectations, plans, and prospects that constitute forward-looking statements. These forward-looking statements are made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts in this announcement are forward-looking statements, including, but not limited to the following: the Company's ability to consummate the transactions contemplated under the Merger Agreement as planned, and other risks detailed in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), as well as the Schedule 13E-3 transaction statement and the proxy statement to be filed by the Company. Hailiang Education may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Hailiang Education's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, whether known or unknown, and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "will make," "will be," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "endeavor to," "is/are likely to," or other similar expressions. Further information regarding these and other risks is included in our annual report on Form 20-F and other filings with the SEC. All information provided in this press release is as of the date of this press release, and Hailiang Education undertakes no obligation to update any forward-looking statements, except as may be required under applicable law.
For more information, please contact:
Mr. Litao Qiu
Board Secretary
Hailiang Education Group Inc.
Phone: +86-571-5812-1974
Email: ir@hailiangeducation.com
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SOURCE Hailiang Education | https://www.wibw.com/prnewswire/2022/09/15/hailiang-education-announces-shareholders-approval-merger-agreement/ | 2022-09-15T10:44:30Z |
Leading online lender recognized as one of Fintech's 50 Best Places to Work in 2022 thanks to high employee satisfaction with company benefits and culture.
ATLANTA, June 15, 2022 /PRNewswire/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today it has been listed as one of the 50 Best Places to Work in Fintech for 2022 by American Banker.
IOU's inclusion on this list was based on employee satisfaction rating, as well as appealing benefits and policies, which make it an open and welcoming workplace in the time of The Great Resignation.
"We are proud to be recognized as one of the best places to work in Fintech," said Robert Gloer, President and CEO. "We strive to offer competitive benefits and create a culture where people look forward to going to work each day, especially in the wake of all the workplace changes since COVID-19."
IOU Financial is one of the only alternative lending companies with a proprietary end-to-end technology platform (IOU360) connecting brokers, merchants, and investors in real time – and supporting dynamic and high performing teams of professionals that deliver growth capital to small businesses across the US in a matter of hours.
Companies from across the U.S. entered a two-part survey process to determine American Banker's (Arizent) Best Places to Work in Financial Technology. The survey looked at workplace policies, practices, philosophy, systems, and demographics as well as the employee experience. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process, analyzed the data, and determined the final ranking.
IOU Financial recently reported its Q1 2022 financial results, highlighting an all-time quarterly record in loan originations of US $59.6 million (representing an increase of 20.2% over Q4 2021 and an increase of 135.5% over Q1 2021), as well as results of its annual shareholders' meeting and the repurchase of approximately $0.6 million of convertible debentures.
IOU Financial Inc. is a wholesale lender that provides quick and easy access to growth capital to small businesses through a network of preferred brokers across the US and Canada. Built on its proprietary IOU360 technology platform that connects underwriters, merchants and brokers in real time, IOU Financial has become a trusted alternative to banks by originating in excess of US$1 billion in loans to fund small business growth since 2009. IOU trades on the TSX Venture Exchange under the symbol IOU (TSXV: IOU), and on the US OTC markets as IOUFF. To learn more about IOU Financial's corporate history, financial products, or to join our broker network please visit www.IOUFinancial.com.
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of IOU including, but not limited to, the impact of general economic conditions, industry conditions, dependence upon regulatory and shareholder approvals, the execution of definitive documentation and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. IOU does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE IOU Financial Inc. | https://www.kxii.com/prnewswire/2022/06/15/iou-financial-recognized-one-50-best-places-work-fintech-2022-by-american-banker/ | 2022-06-15T19:16:21Z |
ANKARA, Turkey (AP) — Turkey on Thursday rejected accusations that its warplanes conducted unauthorized military flights over Greek islands, pointing the finger at fellow NATO-member Greece instead.
A Turkish Foreign Ministry statement said accusations made by Greece “do not reflect the truth” and insisted that it was Greece’s air force that carried out “provocative flights” near Turkey’s coast, allegedly violating its airspace repeatedly over the southwestern towns of Didim, Datca and Dalaman.
“While Greece is the party which started and escalated the tension — accusing our country of unfounded allegations is incompatible with the recent positive agenda and good neighborly relations between the two countries,” the Turkish statement read.
Turkey and Greece have long-standing sea and air boundary disputes that intensified with moves to explore potential undersea natural gas reserves.
The disagreement has resulted in near-daily air force patrols and interception missions, mostly in disputed airspace around Greek islands that are near Turkey’s coastline.
Greek Prime Minister Kyriakos Mitsotakis said Thursday he contacted NATO Secretary-General Jens Stoltenberg to report the alleged airspace violations by Turkey that he said included unauthorized flights over several large Greek islands.
“I made it clear to Secretary-General Stoltenberg that this type of behavior by a NATO ally in the southeast flank of the alliance is simply unacceptable. It undermines European security as well as the unity of purpose of NATO,” Mitsotakis said.
Mitsotakis made the comments at a meeting with Finnish Prime Minister Sanna Marin.
On Wednesday, Turkey’s ambassador to Athens was summoned to Greece’s Foreign Ministry to receive a complaint about the unauthorized military flights.
Turkey’s Foreign Ministry called on Greece to “stop provocative actions and rhetoric” and to support recently-resumed talks that aim to build confidence between the two countries.
“There is no change in Turkey’s attitude toward resolving all Aegean disputes, including the width of the airspace, within the framework of a sincere dialog, in accordance with international law,” the ministry statement read. | https://cw33.com/business/ap-business/turkey-rejects-greek-accusations-of-illegal-overflights/ | 2022-04-29T07:03:00Z |
HAMPTON, N.H., Sept. 7, 2022 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company is participating in an upcoming investor conference.
Management's fireside chat presentation at the Jefferies Virtual Fitness & Wellness Summit is scheduled for September 12, 2022, at 11:45 am Eastern Time.
A live webcast of the presentation will be available at http://investor.planetfitness.com.
Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. As of June 30, 2022, Planet Fitness had 16.5 million members and 2,324 stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico and Australia. The Company's mission is to enhance people's lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. More than 90% of Planet Fitness stores are owned and operated by independent business men and women.
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SOURCE Planet Fitness, Inc. | https://www.mysuncoast.com/prnewswire/2022/09/07/planet-fitness-announces-upcoming-conference-participation/ | 2022-09-07T13:30:06Z |
BRIDGEWATER, N.J., June 3, 2022 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, today announced the granting of inducement awards to 24 new employees. In accordance with NASDAQ Listing Rule 5635(c)(4), the awards were approved by Insmed's Compensation Committee and made as a material inducement to each employee's entry into employment with the Company.
In connection with the commencement of their employment, the employees received options on June 1, 2022 to purchase an aggregate 158,530 shares of Insmed common stock at an exercise price of $17.93 per share, the closing trading price on the Nasdaq Global Select Market on the date of grant.
The options have a 10-year term and a four-year vesting schedule, with 25% of the shares subject to the option vesting on the first anniversary of the relevant grant date and 12.5% of the shares subject to the option vesting every six months thereafter through the fourth anniversary of the relevant grant date, subject to the relevant employee's continued service with Insmed on the applicable vesting date.
About Insmed
Insmed Incorporated is a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases. Insmed's first commercial product is a first-in-disease therapy approved in the United States, Europe, and Japan to treat a chronic, debilitating lung disease. The Company is also progressing a robust pipeline of investigational therapies targeting areas of serious unmet need, including neutrophil-mediated inflammatory diseases and rare pulmonary disorders. Insmed is headquartered in Bridgewater, New Jersey, with a footprint across Europe and in Japan. For more information, visit www.insmed.com.
Contact:
Investors:
Eleanor Barisser
Associate Director, Investor Relations
Insmed
(718) 594-5332
eleanor.barisser@insmed.com
Media:
Mandy Fahey
Executive Director, Corporate Communications
Insmed
(732) 718-3621
amanda.fahey@insmed.com
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SOURCE Insmed Incorporated | https://www.wibw.com/prnewswire/2022/06/03/insmed-reports-inducement-grants-under-nasdaq-listing-rule-5635c4/ | 2022-06-03T12:21:37Z |
Enterprise customers can now deliver integrated digital customer experiences with continuous quality across business-critical applications and processes
CHICAGO, June 14, 2022 /PRNewswire/ -- Copado, the global leader in low-code DevOps, today announced it has expanded Copado Robotic Testing to fully support continuous testing across SAP and ServiceNow platforms. Today, customer experiences often start with CRM applications like Salesforce then spread across multiple back-office platforms like SAP and ServiceNow to fulfill customer shipping, inventory, billing and supply chain requirements. Copado now supports end-to-end testing across multiple cloud platforms to ensure quality digital experiences.
Customer experience is the number one priority for CEOs and CIOs and companies aren't building their customer experience on just one platform. It's an integrated process across several applications and systems. Research shows that companies now use an average of 976 applications and integrated digital experiences can span across 10 or more SaaS application platforms. These integrations are a major challenge for low-code development teams as they must develop and operate across multiple platforms. Copado's fully multi-cloud solution delivers continuous quality across integrated digital experiences with the ability to test across any web application, including mobile apps.
Testing is critical to successful digital transformation projects, as release quality is a leading driver of risk and cost within the software development life cycle. Historically, each SaaS application must be tested individually but the rise of integrated processes creates additional cost and complexity including more skilled professionals and cross-platform dependencies and sophisticated architectures that must be maintained and tested every time anything is updated or changed.
Copado Robotic Testing offers a modern, cloud-based architecture enabling quality assurance teams to test any end-to-end business process. Using a low-code approach coupled with pro-code extensibility, Copado Robotic Testing is employed by users with any skillset to create and execute automated tests with minimal training. Non-technical users can easily create tests via the Visual Recorder or Flow Editor, reducing test maintenance. Intelligent AI-powered self-healing adds resilience as test environments often change. Copado Robotic Testing can be integrated with the most popular development and management tools on the market to maximize the software delivery lifecycle.
"After working with thousands of enterprise customers, we saw our customers struggling with manual testing, test maintenance and the difficulty of using legacy solutions overall," said Esko Hannula, Vice President of Testing Products at Copado. "That's why we built Copado Robotic Testing in the cloud, with AI technology, and native integration with Copado CI/CD. Not only are we doubling down on test automation for SAP and ServiceNow, but we are also evolving Copado's QA and testing product portfolio with important capabilities around test management, reporting, analytics, documentation and learning features."
SAP remains mission-critical for more than 400,000 organizations around the globe, of which around 20% are large enterprises going through major transformation events and migrations from legacy ERP systems. S/4HANA transformation programs are multi-year initiatives, and by definition introduce considerable risks as they require consistent documentation, training and testing. Copado Robotic Testing for SAP provides an end-to-end solution to enable customers to accelerate the delivery of SAP programs with minimized risk and less effort.
Based on Copado's acquisition of Qualibrate, an internationally recognized and trusted SAP Silver Partner with over 13 years of expertise, Copado Robotic Testing now includes all of the no-code capabilities of Qualibrate in its SAP offering. Copado Robotic Testing for SAP provides enterprise customers a single synchronized 3-in-1 source for automating business process documentation, testing, and training materials.
ServiceNow is a growing ecosystem that over 7,400 global customers have invested in to accelerate digital transformation projects by delivering customer, employee and technology experiences through digital workflows. With the demand to keep up with custom deployments and platform upgrades, testing still remains the bottleneck to not only test the customizations of ServiceNow, but all the integrations and applications that are included in an integrated ServiceNow digital experience. Copado Robotic Testing provides customers a low-code approach to testing these business-critical, end-to-end digital experiences.
"The low-code approach enables users to onboard quickly and then use it in their daily test creation," said Jan Toebak, application delivery manager for Nouryon. "You have the ability to reduce all of the recorded transactions so that you can build your own consolidated end-to-end process. It brings a really big benefit in terms of keeping your system stabilized. In the end, you have fewer disruptions for the business."
Copado Robotic Testing for SAP and ServiceNow is available immediately.
Follow Copado:
LinkedIn: https://www.linkedin.com/company/copado-solutions-s.l/
Twitter: https://twitter.com/CopadoSolutions
Blog: https://www.copado.com/learning/blog/
Copado is the leading DevOps and testing solution for low-code SaaS platforms that run the world's largest digital transformations. Backed by Insight Partners, Salesforce Ventures and SoftBank Vision Fund, Copado accelerates multi-cloud, enterprise deployments by automating the end-to-end software delivery process to maximize customers' return on their cloud investment. More than 1,000 companies rely on Copado to drive digital transformation with speed, quality and value including Boston Scientific, Coca-Cola, Fair Trade, Linde, MassMutual, Schneider Electric and Shell. Copado DevOps 360™ processes over 50 million DevOps transactions per month and is rated with a 100% score on the Salesforce AppExchange. More information can be found at: http://www.copado.com.
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SOURCE Copado | https://www.kxii.com/prnewswire/2022/06/14/copado-expands-robotic-testing-solution-sap-servicenow/ | 2022-06-14T14:20:06Z |
The American Revolution Experience charts the journeys of 13 individuals caught up in the turmoil and ultimate triumph of America's struggle for independence
WASHINGTON, July 1, 2022 /PRNewswire/ -- As tensions mounted in the 13 American colonies during the 1770s, an entire generation was faced with a momentous choice: would these ordinary citizens risk rising against a great colonial power in pursuit of liberty? Or would they remain loyal subjects of the British crown, coming into conflict with neighbors and family? A new digital exhibition from the American Battlefield Trust and Daughters of the American Revolution examines the lives of 13 men and women who witnessed the dawn of a new nation, and how their decision shaped the journey they faced in those tumultuous years.
Trust President David Duncan further emphasized the role of individuals in the nation's origins. "Independence may have been declared in Philadelphia by the Declaration's 56 signers, but it was won on the battlefield with the blood of thousands of patriot soldiers. The experiences of ordinary people, soldiers and civilians alike, and what they sacrificed for the promise of a new nation must be remembered."
The American Revolution Experience marries the two organizations' respective grounding in the fascinating people and places of the Revolutionary era. It brings to life diverse viewpoints and experiences, touching on the fates of Patriots and Loyalists, men and women, Black and Native populations and even international allies. Rather than focusing only on generals and famous statesmen, it introduces audiences to drummer boys, military mapmakers and other ordinary people who were impacted by global events.
Users are invited to watch the physical journeys of the Revolution's participants unfold across the map, discover thematic connections between the lives of subjects and explore contemporary connections via namesakes, descendants and other mechanisms. The exhibit links throughout to the Trust's industry-leading battle content and makes use of incredible documents and artifacts in DAR collections. It is richly illustrated with custom, impeccably researched artwork by South Carolina artist Dale Watson.
The Trust and DAR are united in understanding the power of tangible links to the past, the way that landscapes, objects and family legacy can bind us across the centuries to the essence of the American story. Earlier this month, they came together for a symbolic planting to initiate the DAR Pathway of the Patriots, a 250-tree commemorative grove honoring individual Revolutionary War participants on one of the battlefields where they fought. In April, when the Trust announced its goal to protect 2,500 acres of Revolutionary War battlefield land during the 250th anniversary period, DAR enthusiastically embraced the vision.
The National Society Daughters of the American Revolution was founded in 1890 to promote historic preservation, education and patriotism. Its members are descended from the patriots who won American independence during the Revolutionary War. With nearly 190,000 members in approximately 3,000 chapters worldwide, DAR is one of the world's largest and most active service organizations. To learn more about the work of today's DAR, visit www.DAR.org.
The American Battlefield Trust is dedicated to preserving America's hallowed battlegrounds and educating the public about what happened there and why it matters today. The nonprofit, nonpartisan organization has protected more than 55,000 acres associated with the Revolutionary War, War of 1812 and Civil War. Learn more at www.battlefields.org.
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SOURCE American Battlefield Trust | https://www.mysuncoast.com/prnewswire/2022/07/01/american-battlefield-trust-daughters-american-revolution-launch-digital-exhibition-exploring-people-places-revolutionary-war/ | 2022-07-01T16:24:20Z |
Next generation of Smart Omix by Sharecare introduces scalable SaaS-based solution to empower independent researchers, clinicians, and academic institutions to conduct digitally enabled research studies
ATLANTA, Sept. 6, 2022 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced the evolution of Smart Omix by Sharecare, its proprietary digital clinical research solution that enables real-world data collection and digital biomarker creation through mobile research studies. By expanding Smart Omix's capabilities, Sharecare not only broadens the scope of its opportunity in life sciences beyond the point of commercialization but also plays an important role in advancing relevance, equity, and data integrity in clinical research across the healthcare continuum.
Building on Sharecare's work with leading life science companies to conduct decentralized custom research studies, the new intuitive software-as-a-service (SaaS) platform is purpose-built to address technological, economic, and talent barriers to remote observational studies more commonly encountered by members of the research community, in particular underserved independent and academic clinicians and researchers. The web-based Smart Omix platform is a no-code solution that gives researchers the ability to conduct studies independently; enabling them to design, launch, manage, and analyze clinical studies through a simple, easily accessible, self-service interface, and eliminating the need for design and engineering expertise to build and launch their studies.
"Smart Omix is designed for researchers by researchers to make high-quality, rigorous real-world data studies an accessible reality across the field – whether led from within a pharmaceutical company or by a 'citizen scientist' aiming to learn more about a condition," said Zeenia Framroze, Sharecare's vice president of strategy and operations for Smart Omix. "By combining a SaaS model and decentralized research methodologies, Smart Omix presents untapped and exceptional potential to aid in the democratization of research in a digital-first world."
With a tiered, license-based pricing model, Smart Omix enables all researchers – clinicians, academicians, students, and scientists – to implement a cost-effective solution that serves their independent research needs – from prototyping a study for Institutional Review Board approval to the full execution of a clinical study – for any length of time. Within the self-service platform, easy-to-use tools allow researchers to establish and manage processes for electronic informed consent (eConsent) and adherence-based compensation, build and refine study protocols, and gather electronic patient-reported outcomes (ePROs). Studies can be launched with participants through the companion app, Smart Omix by Sharecare – available for download in the App Store and Google Play – which enables researchers to conduct their studies and collect rich real-world data via smartphone.
By decentralizing clinical research, Smart Omix replaces brick-and-mortar trial sites, capitalizing on the efficiency and scalability of digital studies while also addressing socioeconomic barriers to patient and consumer participation such as transportation needs and time away from work. The platform also supports a transparent, user-friendly participant experience that engages individuals as they utilize their own devices to self-report and visualize their data, while allowing them to observe their own health metrics day-to-day and, with their consent, inform their care teams about their health status. To date, leading pharmaceutical and life sciences companies, including UCB, have used Smart Omix to advance relevance, equity, and data integrity in research across various disease states through smartphone-based bespoke studies.
"At UCB, our ambition is to deliver targeted solutions that can improve outcomes for people living with rare conditions, and real-world research – especially in these small patient populations – is critical," said Colin Lake, global head of digital transformation, neurology, at UCB. "We initially commissioned Sharecare to conduct a custom study using Smart Omix on mobile devices to see how we might develop objective symptom measures for people living with myasthenia gravis, a rare neuromuscular disease. We congratulate them on the public release of the full Smart Omix platform."
For more information about conducting research studies with Smart Omix by Sharecare, visit sharecare.com/smartomix.
Sharecare is the leading digital health company that helps people – no matter where they are in their health journey – unify and manage all their health in one place. Our comprehensive and data-driven virtual health platform is designed to help people, providers, employers, health plans, government organizations, and communities optimize individual and population-wide well-being by driving positive behavior change. Driven by our philosophy that we are all together better, at Sharecare, we are committed to supporting each individual through the lens of their personal health and making high-quality care more accessible and affordable for everyone. To learn more, visit www.sharecare.com.
Media Contact:
Sharecare PR Team
PR@sharecare.com
404.665.4305
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SOURCE Sharecare | https://www.kxii.com/prnewswire/2022/09/06/sharecare-launches-self-service-software-platform-enable-independent-decentralized-clinical-research/ | 2022-09-06T13:02:02Z |
Blue Jays rally in 9th inning for 4-3 victory over Angels
By JOE REEDY
AP Sports Writer
ANAHEIM, Calif. (AP) — Alejandro Kirk scored on an error by right fielder Juan Lagares in the ninth inning and the Toronto Blue Jays rallied for a 4-3 victory over the Los Angeles Angels. Kirk led off the ninth with a single to center against Raisel Iglesias and advanced to second on a sacrifice bunt. Lourdes Gurriel Jr. lined a base hit to right field to move Kirk to third, and he scored when Lagares misplayed the ball. Gurriel had three hits and drove in a run, while Kirk had two hits for the Blue Jays, who have won seven of 10. | https://localnews8.com/sports/ap-national-sports/2022/05/27/blue-jays-rally-in-9th-inning-for-4-3-victory-over-angels/ | 2022-05-28T10:33:46Z |
SLS-005 Study on the HEALEY ALS Platform is Expected to Complete Enrollment this Quarter; Top-Line Data Readout Expected Mid-2023
NEW YORK, July 18, 2022 /PRNewswire/ -- Seelos Therapeutics, Inc. (Nasdaq: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, today announced dosing of the first patient in an open-label basket study of SLS-005 (trehalose injection, 90.5 mg/mL for intravenous infusion) for the treatment of patients with amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease) in Australia.
Seelos plans to conduct this 24-week, open-label basket study (ACTRN: 12621001755820) in Australia to evaluate the effectiveness of SLS-005 on disease progression and severity, as well as its safety and tolerability, in participants with ALS, spinocerebellar ataxia and Huntington's disease.
"Seelos would like to thank our partners in Australia for their hard work in helping us initiate this basket study. We hope to gain valuable insights into the activity of SLS-005 in several devastating neurodegenerative diseases and the open-label design provides a degree of transparency not possible in a blinded study," said Raj Mehra Ph.D., Chairman and CEO of Seelos. "Today we are also very excited to share that the registrational study in the HEALEY platform trial is actively enrolling and at its current pace of enrollment, we currently expect it to be fully enrolled by the end of this quarter."
If you are a person with ALS (PALS) or caregiver of someone with ALS (CALS) and would like more information, please visit: https://seelostherapeutics.com/patients-and-caregivers/
About SLS-005 (trehalose injection, 90.5 mg/mL for intravenous infusion)
SLS-005 is a low molecular weight disaccharide (0.342 kDa) that crosses the blood brain barrier and is thought to stabilize proteins and activate autophagy through the activation of Transcription Factor EB (TFEB), a key factor in lysosomal and autophagy gene expression. Activation of TFEB is an emerging therapeutic target for a number of diseases with pathologic accumulation of storage material. In animal models of several diseases associated with abnormal cellular protein aggregation or storage of pathologic material, SLS-005 has been shown to reduce aggregation of misfolded proteins and reduce accumulation of pathologic material. SLS-005 is an investigational treatment and is not currently approved by any health authority for medicinal use.
About Amyotrophic Lateral Sclerosis (ALS)
According to the National Institute of Neurological Disorders and Stroke, amyotrophic lateral sclerosis (ALS) is a group of rare neurological diseases that mainly involve the nerve cells (neurons) responsible for controlling voluntary muscle movement. In ALS, both the upper motor neurons and the lower motor neurons degenerate or die and stop sending messages to the muscles. Unable to function, the muscles gradually weaken, start to twitch (called fasciculations), and waste away (called atrophy). Eventually, the brain loses its ability to initiate and control voluntary movements. The disease is progressive, meaning the symptoms get worse over time. The majority of ALS cases (90 percent or more) are considered sporadic. This means the disease seems to occur at random with no clearly associated risk factors and no family history of the disease. Although family members of people with sporadic ALS are at an increased risk for the disease, the overall risk is very low, and most will not develop ALS.
Most people with ALS eventually die from respiratory failure, usually within 3 to 5 years from when the symptoms first appear. However, about 10 percent of people with ALS survive for 10 or more years. Currently, there is no cure for ALS and no effective treatment to halt or reverse, the progression of the disease.
Forward Looking Statements
Statements made in this press release, which are not historical in nature, constitute forward-looking statements for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These statements include, among others, those regarding Seelos' open-label basket study of SLS-005 for the treatment of ALS, including SLS-005's prospects and potential insights from the open-label basket study, as well as statements regarding Seelos' registrational study in the HEALY platform trial and the pace of enrollment and anticipated timing for completing enrollment in the trial. These statements are based on Seelos' current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Risks associated with Seelos' business and plans described herein include, but are not limited to, the risk of not successfully executing its preclinical and clinical studies, and not gaining marketing approvals for its product candidates, the risk that prior clinical results may not be replicated in future studies and trials, the risks that clinical study results may not meet any or all endpoints of a clinical study and that any data generated from such studies may not support a regulatory submission or approval, the risks associated with the implementation of a new business strategy, the risks related to raising capital to fund its development plans and ongoing operations, risks related to Seelos' current stock price, risks related to the global impact of COVID-19, as well as other factors expressed in Seelos' periodic filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Contact Information:
Anthony Marciano
Chief Communications Officer
Seelos Therapeutics, Inc. (Nasdaq: SEEL)
300 Park Ave., 2nd Fl.
New York, NY 10022
(646) 293-2136
anthony.marciano@seelostx.com
https://seelostherapeutics.com/
https://twitter.com/seelostx
https://www.linkedin.com/company/seelos
Mike Moyer Managing Director
LifeSci Advisors, LLC
250 West 55th St., Suite 3401
New York, NY 10019
(617) 308-4306
mmoyer@lifesciadvisors.com
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SOURCE Seelos Therapeutics, Inc. | https://www.wibw.com/prnewswire/2022/07/18/seelos-therapeutics-doses-first-patient-an-open-label-basket-study-sls-005-amyotrophic-lateral-sclerosis-australia-provides-an-enrollment-update-its-study-healey-als-platform/ | 2022-07-18T13:21:09Z |
Essential workers in Connecticut eligible for up to $1,000 for working during pandemic
HARTFORD, Conn. (WFSB/Gray News) - A program was established by the Connecticut legislature to provide financial relief to essential workers who worked through the COVID-19 pandemic.
Essential workers may be eligible for up to a $1,000 payment from the Premium Pay Program, according to a report from WFSB.
The program is a fund approved by the Connecticut General Assembly that has made $30 million in assistance available to support the critical workforce that helped keep the state operational during the pandemic.
The Connecticut comptroller’s office said it will oversee the program with the benefits to be paid out in early 2023.
Workers who can answer “yes” to the questions below are eligible to apply for the program:
• I was employed as an essential worker in Connecticut between March 10, 2020 and May 7, 2022
• I was not able to work from home
• I was not employed by a federal, state or municipal government agency
• I earned $149,999 or less
The maximum payment is $1,000 for those who made less than $100,000 a year. It’s $800 if the worker earned between $100,000 and $109,999, and $600 for those who earned between $110,000 and $119,999. Those who worked part-time could be eligible for $500.
The amount decreases depending on the worker’s earnings.
The Centers for Disease Control and Prevention deemed jobs such as grocery store workers, nursing home workers and other health care provider jobs as essential.
Police officers and firefighters, however, are not eligible because they are government employees.
Some other states, including Massachusetts, have put a similar program in place.
To learn more, visit the website here.
Copyright 2022 WFSB via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/08/essential-workers-connecticut-eligible-up-1000-working-during-pandemic/ | 2022-08-08T21:25:17Z |
FDA: Select laxatives sold at major retailers recalled due to contamination concerns
(Gray News) - A long list of laxative products sold nationwide are part of a voluntary recall due to possible contamination.
According to the Food and Drug and Administration, all flavors of Magnesium Citrate Saline Laxative Oral Solution are affected by the recall over concerns about bacterial contamination.
The recall states the products were sold at several major retailers, including CVS, Walgreens and Walmart, under various generic brand names, usually in 10-ounce packages.
Officials said the recall was initiated after testing identified the presence of Gluconacetobacter liquefaciens, which could cause severe adverse reactions in immunocompromised patients.
According to the recall, Tennessee-based Vi-Jon LLC, the manufacturer, is currently aware of three reports of severe adverse reactions potentially related to the product.
The FDA reports consumers who have the recalled products should stop using and return any remaining product to the place of purchase.
Consumers were urged to contact their physician or healthcare provider if they experienced any problems after taking or using the recalled product.
The entire list of products connected with this recall can be viewed here.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/30/fda-select-laxatives-sold-major-retailers-recalled-due-contamination-concerns/ | 2022-07-30T23:52:25Z |
- Reported second quarter net income attributable to all partners of $32.2 million
- EBITDA of $64.5 million including approximately $6.2 million of adverse acquisition related expenses
- Delivered 38 consecutive quarters of distribution growth with recent increase to $0.985/unit; reflects 4.8% increase y/y
- Closed 3 Bear acquisition on June 1, 2022; expands third party revenue, product mix and geography in Permian
- Delek Permian Gathering volumes expected to approximately double by end of 3Q22 from 4Q21 levels
BRENTWOOD, Tenn., Aug. 4, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the second quarter 2022. For the three months ended June 30, 2022, Delek Logistics reported net income attributable to all partners of $32.2 million, or $0.74 per diluted common limited partner unit. This compares to net income attributable to all partners of $43.2 million, or $1.00 per diluted common limited partner unit, in the second quarter 2021. Net cash from operating activities was $85.1 million in the second quarter 2022 compared to $85.8 million in the second quarter 2021. Distributable cash flow, as adjusted(1) was $55.6 million in the second quarter 2022, compared to $53.8 million in the second quarter 2021.
For the second quarter 2022, earnings before interest, taxes, depreciation and amortization ("EBITDA") was $64.5 million (including $6.2 million of adverse closing costs associated with 3 Bear Delaware - NM, LLC) compared to $66.8 million in the second quarter 2021.
Avigal Soreq, President of Delek Logistics' general partner, stated, "We are excited to welcome the 3 Bear team to Delek Logistics. This is a transformational acquisition as it increases our third party revenue, expands our product mix to include natural gas and water and diversifies our geographic footprint into the Delaware portion of the Permian basin. Between our legacy Midland assets and newly acquired Delaware assets, we are concentrated in one of the most prolific basins in the world. Returning cash to unitholders has been a longstanding priority of the partnership and I'm proud to continue that tradition with the 38th consecutive increase in the quarterly distribution of $0.985 per unit."
Uzi Yemin, Executive Chairman of Delek Logistics, remarked, "DKL has enjoyed significant growth since becoming a public company providing stable EBITDA throughout various business cycles and delivering consistent quarterly distribution increases over time. The partnership is well positioned for the future and the recent 3 Bear acquisition progressively shifts DKL toward more of a stand-alone entity."
Distribution and Liquidity
On July 25, 2022, Delek Logistics declared a quarterly cash distribution of $0.985 per common limited partner unit for the second quarter 2022, which equates to $3.940 per common limited partner unit on an annualized basis. This distribution will be paid on August 11, 2022 to unitholders of record on August 4, 2022. This represents a 0.5% increase from the first quarter 2022 distribution of $0.980 per common limited partner unit, or $3.920 per common limited partner unit on an annualized basis, and a 4.8% increase over Delek Logistics' second quarter 2021 distribution of $0.940 per common limited partner unit, or $3.760 per common limited partner unit annualized. For the second quarter 2022, the total cash distribution declared to all partners was approximately $42.8 million, resulting in a distributable cash flow coverage ratio, as adjusted(1) of 1.30x.
As of June 30, 2022, Delek Logistics had total debt of approximately $1,522.2 million and cash of $13.8 million. Additional borrowing capacity, subject to certain covenants, under the $1.0 billion credit facility was $119.1 million. The total leverage ratio as of June 30, 2022 of approximately 4.7x was well within the requirements of the maximum allowable leverage ratio under the credit facility.
Consolidated Operating Results
Contribution margin in the second quarter 2022 increased to $69.4 million compared to $64.2 million in the second quarter 2021 primarily as a result of an increase in refinery utilization rates at Delek US and incremental contribution margin attributable to the acquisition of 3 Bear Delaware - NM, LLC (the "3 Bear Acquisition") that closed on June 1, 2022 (the "Acquisition Date"). Second quarter 2022 EBITDA of $64.5 million benefited from the increased contribution margin as well as continued strong throughput on joint venture pipelines, offset by $6.2 million of transaction costs associated with the 3 Bear Acquisition, as compared to EBITDA of $66.8 million in the second quarter 2021. Net income attributable to all partners for the second quarter 2022 of $43.2 million reflected a decrease of $11.1 million compared to the second quarter 2021, which is primarily comprised of the $5.2 million increase in contribution margin, offset by increases in interest costs, amortization and depreciation, and transaction costs related to the 3 Bear Acquisition totaling $14.3 million.
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Pipelines and Transportation Segment
Contribution margin in the second quarter 2022 was $48.4 million compared to $45.2 million in the second quarter 2021. The increase was primarily driven from strong refinery utilization rates at Delek US.
Wholesale Marketing and Terminalling Segment
During the second quarter 2022, contribution margin was $16.3 million compared to $19.0 million in the second quarter 2021. The decrease was primarily driven be lower margins in the West Texas wholesale business and lower contribution from Tyler assets compared to the second quarter 2021.
3 Bear Operations Segment
Our second quarter 2022 results were favorably impacted by the incremental contribution margin for the one month from the Acquisition Date through June 30, 2022. Contribution margin in the 3 Bear Operations Segment is largely driven by production volumes and gathering activities during the month, which are a function of both producer activities as well as our capacity, subject to the dedicated acreage agreements and the portions of acreage which have been developed, the extent to which connection points and interconnects have been brought on-line, and the extent to which maintenance or other planned or unplanned operational disruptions may occur.
Investments in Pipeline Joint Ventures Segment
During the second quarter 2022, income from equity method investments was $7.1 million compared to $6.6 million in the second quarter 2021, primarily driven by increased volumes at both Caddo and Red River joint ventures.
Second Quarter 2022 Results | Conference Call Information
Delek Logistics will hold a conference call to discuss its second quarter 2022 results on Thursday, August 4, 2022 at 9:00 a.m. Central Time. Investors will have the opportunity to listen to the conference call live by going to www.DelekLogistics.com. Participants are encouraged to register at least 15 minutes early to download and install any necessary software. An archived version of the replay will also be available at www.DelekLogistics.com for 90 days.
Investors may also wish to listen to Delek US Holdings, Inc.'s (NYSE: DK) ("Delek US") second quarter 2022 earnings conference call on Thursday, August 4, 2022 at 10:00 a.m. Central Time and review Delek US' earnings press release. Market trends and information disclosed by Delek US may be relevant to Delek Logistics, as it is a consolidated subsidiary of Delek US. Investors can find information related to Delek US and the timing of its earnings release online by going to www.DelekUS.com.
About Delek Logistics Partners, LP
Delek Logistics Partners, LP, headquartered in Brentwood, Tennessee, was formed by Delek US and owns, operates, acquires and constructs crude oil, natural gas and refined products logistics and marketing assets.
Safe Harbor Provisions Regarding Forward-Looking Statements
This press release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. Statements concerning current estimates, expectations and projections about future results, performance, prospects, opportunities, plans, actions and events and other statements, concerns, or matters that are not historical facts are "forward-looking statements," as that term is defined under the federal securities laws. These statements contain words such as "possible," "believe," "should," "could," "would," "predict," "plan," "estimate," "intend," "may," "anticipate," "will," "if," "expect" or similar expressions, as well as statements in the future tense, and can be impacted by numerous factors, including the fact that a substantial majority of Delek Logistics' contribution margin is derived from Delek US, thereby subjecting us to Delek US' business risks; risks relating to the securities markets generally; risks and costs relating to the age and operational hazards of our assets including, without limitation, costs, penalties, regulatory or legal actions and other effects related to releases, spills and other hazards inherent in transporting and storing crude oil and intermediate and finished petroleum products; the impact of adverse market conditions affecting the utilization of Delek Logistics' assets and business performance, including margins generated by its wholesale fuel business; risks and uncertainties related to the integration of the 3 Bear business following the recent acquisition; risks and uncertainties related to the Covid-19 pandemic; uncertainties regarding future decisions by OPEC regarding production and pricing disputes between OPEC members and Russia; an inability of Delek US to grow as expected as it relates to our potential future growth opportunities, including dropdowns, and other potential benefits; scheduled turnaround activity; the results of our investments in joint ventures; adverse changes in laws including with respect to tax and regulatory matters; and other risks as disclosed in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other reports and filings with the United States Securities and Exchange Commission. Forward-looking statements include, but are not limited to, statements regarding future growth at Delek Logistics; distributions and the amounts and timing thereof; potential dropdown inventory; projected benefits of the 3 Bear acquisition; expected earnings or returns from joint ventures or other acquisitions; expansion projects; ability to create long-term value for our unit holders; financial flexibility and borrowing capacity; and distribution growth of 5% or at all. Forward-looking statements should not be read as a guarantee of future performance or results and will not be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Delek Logistics undertakes no obligation to update or revise any such forward-looking statements to reflect events or circumstances that occur, or which Delek Logistics becomes aware of, after the date hereof, except as required by applicable law or regulation.
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Non-GAAP Disclosures:
Our management uses certain "non-GAAP" operational measures to evaluate our operating segment performance and non-GAAP financial measures to evaluate past performance and prospects for the future to supplement our GAAP financial information presented in accordance with U.S. GAAP. These financial and operational non-GAAP measures are important factors in assessing our operating results and profitability and include:
- Earnings before interest, taxes, depreciation and amortization ("EBITDA") - calculated as net income before net interest expense, income tax expense, depreciation and amortization expense, including amortization of customer contract intangible assets, which is included as a component of net revenues in our accompanying condensed consolidated statements of income.
- Distributable cash flow - calculated as net cash flow from operating activities plus or minus changes in assets and liabilities, less maintenance capital expenditures net of reimbursements and other adjustments not expected to settle in cash. Delek Logistics believes this is an appropriate reflection of a liquidity measure by which users of its financial statements can assess its ability to generate cash.
- Distributable cash flow, as adjusted for transaction costs, or Distributable cash flow, as adjusted(FN)) - distributable cash flow adjusted to exclude significant, infrequently occurring transaction costs.
Our EBITDA and distributable cash flow measures are non GAAP supplemental financial measures that management and external users of our condensed consolidated financial statements, such as industry analysts, investors, lenders and rating agencies, may use to assess:
- Delek Logistics' operating performance as compared to other publicly traded partnerships in the midstream energy industry, without regard to historical cost basis or, in the case of EBITDA, financing methods;
- the ability of our assets to generate sufficient cash flow to make distributions to our unitholders on a current and on-going basis;
- Delek Logistics' ability to incur and service debt and fund capital expenditures; and
- the viability of acquisitions and other capital expenditure projects and the returns on investment of various investment opportunities.
We believe that the presentation of EBITDA and distributable cash flow measures provide information useful to investors in assessing our financial condition and results of operations and assists in evaluating our ongoing operating performance for current and comparative periods. EBITDA and distributable cash flow should not be considered alternatives to net income, operating income, cash flow from operating activities or any other measure of financial performance or liquidity presented in accordance with U.S. GAAP. EBITDA and distributable cash flow have important limitations as analytical tools because they exclude some, but not all, items that affect net income and net cash provided by operating activities. Additionally, because EBITDA and distributable cash flow may be defined differently by other partnerships in our industry, our definitions of EBITDA and distributable cash flow may not be comparable to similarly titled measures of other partnerships, thereby diminishing their utility. For a reconciliation of EBITDA and distributable cash flow to their most directly comparable financial measures calculated and presented in accordance with U.S. GAAP, please refer to "Results of Operations" below. See the accompanying tables in this earnings release for a reconciliation of these non-GAAP measures to the most directly comparable GAAP measures.
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Information about Delek Logistics Partners, LP can be found on its website (www.deleklogistics.com), investor relations webpage (ir.deleklogistics.com), news webpage (www.deleklogistics.com/news) and its Twitter account (@DelekLogistics).
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SOURCE Delek Logistics | https://www.kxii.com/prnewswire/2022/08/04/delek-logistics-partners-lp-reports-second-quarter-2022-results/ | 2022-08-04T12:38:47Z |
KBR will identify, mitigate, and eliminate vulnerabilities and protect systems and software from unauthorized access, use, disclosure, disruption, modification or destruction.
HOUSTON, May 23, 2022 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a $44 million task order to protect U.S. Air Force systems and software from unauthorized access, use, disclosure, disruption, modification or destruction. This effort directly supports the Air Force Life Cycle Management (AFLCMC) Cyber Systems Engineering Directorate.
KBR was awarded this contract under the Department of Defense Information Analysis Center's (DoD IAC) multiple-award contract (MAC) vehicle. These DoD IAC MAC task orders (TOs) are awarded by the U.S. Air Force's 774th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the Defense Technical Information Center (DTIC) repository and the R&D and S&T community.
"We are excited to be a part of this significant project to protect the Air Force's most vital systems, to include command and control, force protection and emerging technology systems and capabilities," said Byron Bright, KBR Government Solutions President. "This is an important win for KBR's continued growth in the Air Force cybersecurity area and is indicative of our strategic commitment to cybersecurity."
Under the five-year task order, KBR will perform research, analysis, and assessments for the AFLCMC Engineering Directorate to identify, mitigate, and eliminate system vulnerabilities to protect systems and software. KBR will work to reduce the residual risk to operating USAF systems and software and shall include conducting assessments to inform the implementation of the information security requirements prescribed by the Federal Information Security Modernization Act and other Department of Defense and USAF directives for cybersecurity and Information Assurance.
KBR is proud to be a leader in advancing air, space, cyber, and missile defense systems for the U.S. military. For more than 10 years, KBR has researched, assessed, and engineered cybersecurity solutions in support of critical DoD systems.
About DoD IAC Program
The DoD IAC, sponsored by Defense Technical Information Center, provides technical data management and research support for DoD and federal government users. Established in 1946, the IAC program serves the DoD science and technology (S&T) and acquisition communities to drive innovation and technological developments by enhancing collaboration through integrated scientific and technical information development and dissemination for the DoD and broader S&T community.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission critical roles in 34 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com.
Forward Looking Statement
The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic and the company's ability to respond to the resulting challenges and business disruption; the recent dislocation of the global energy market; the company's ability to manage its liquidity; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; the possibility of cyber and malware attacks; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.
The company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that the company has identified that may affect its business, results of operations and financial condition. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
This material is based upon work supported by the DoD Information Analysis Center Program (DoD IAC), sponsored by the Defense Technical Information Center under Contract No. FA8075-18-D-0015.
Approved for Public Release, Distribution Unlimited. Any opinions, findings and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the DoD.
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SOURCE KBR, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/23/kbr-protect-us-air-force-systems-software-with-44m-task-order/ | 2022-05-23T10:53:03Z |
MANSFIELD, Pa., June 6, 2022 /PRNewswire/ -- The Board of Directors of Citizens Financial Services, Inc. (OTCPink: CZFS), the bank holding company for First Citizens Community Bank (FCCB), recently declared a cash dividend for its shareholders.
The cash dividend of $0.475 per share and a 1% stock dividend are payable on June 24, 2022 to shareholders of record at the close of business on June 10, 2022. This quarterly cash dividend is an increase of 3.2% over the regular cash dividend of $0.460 per share declared one year ago, as adjusted for the 1% stock dividend declared in June 2021.
"As evidenced by our financial performance, our Community Banking model is not only strong, but thriving," noted Randall Black, CEO & President. "We believe that our recent approval to uplist our stock on Nasdaq complements our demonstrated growth and will raise our overall profile, driving shareholder value."
Citizens Financial Services, Inc. is a $2.19 billion bank holding company conducting business through First Citizens Community Bank (FCCB). First Citizens Community Bank (FCCB) operates 30 offices in Pennsylvania, Delaware and New York.
For further information regarding the common stock of Citizens Financial Services, Inc., please contact any of the following firms: Automated Trading Desk, 866-283-2831; Boenning & Scattergood, Inc., 800-842-8928; Keefe, Bruyette & Woods, Inc., 800-342-5529; Monroe Securities Inc., 800-766-5560; Pershing LLC, 201-413-2700; RBC Capital Markets Corp., 800-959-5951; Sandler O' Neill & Partners, 212-466-8020; Stifel, Nicolaus & Co., Inc., 973-549-4200; UBS Securities, LLC, 203-719-8710.
Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks; changing economic and competitive conditions and other risks and uncertainties.
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SOURCE Citizens Financial Services, Inc. | https://www.wibw.com/prnewswire/2022/06/06/citizens-financial-services-inc-declares-quarterly-cash-dividend/ | 2022-06-06T19:38:54Z |
TROY, Mich., April 13, 2022 /PRNewswire/ -- Flagstar Bank has hired Anne Mai Bertelsen as executive vice president and head of Retail Banking. In this position, she has oversight of Branch Banking, Consumer Finance, Investment & Insurance Services and National Business Banking.
She comes to Flagstar with over 25 years of experience in financial services across marketing, product development and management. Most recently, she served as managing director of Global Banking and Payments at Accenture Interactive. In this role, she led the identification and launch of innovative products, services, technologies and operational models for various clients, including banks, payment providers and fintechs. Previously, she was the founder and president of MAi Strategies, LLC, a data-driven marketing and new product development consulting firm whose clients included Fortune 100 companies. She began her financial services career with American Express in the Consumer Card Division.
She has served as a board member of the Red Cross/Crossroads New Jersey chapter and as an innovation advisor for the White House Office of Technology.
"Anne's strong background in the transformation and innovation of product offerings, combined with her experience with fintechs, payment systems, digital services and data-driven marketing are among the many attributes she brings to Flagstar," said Reginald Davis, president of Banking for Flagstar. "Her skill set is tailor-made for our vision of how Flagstar should operate in the rapidly changing ecosystem of financial services today. We are so very fortunate to have her."
About Flagstar
Flagstar Bancorp, Inc. (NYSE: FBC) is a $25.5 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 83 retail locations in 28 states. Flagstar is a leading national originator and servicer of mortgage and other consumer loans, handling payments and record keeping for $291 billion of loans representing over 1.2 million borrowers. For more information, please visit flagstar.com.
For more information contact:
Susan Bergesen
Flagstar Bank
(248) 312-6237
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SOURCE Flagstar Bancorp, Inc. | https://www.kxii.com/prnewswire/2022/04/13/flagstar-bank-hires-bertelsen-lead-retail-banking/ | 2022-04-13T12:29:31Z |
Announcing: Warehousing & Shipping Assistance
LOS ANGELES, Sept. 7, 2022 /PRNewswire/ -- LA Swimwear Production is announcing their one stop shop program for new Swimwear brands looking for swimwear manufacturing for their swimwear line. LA Swimwear Production is now not only offering sewing but warehousing, shipping and logistic assisting for those looking to launch a swimwear line that they will sell via e-commerce.
LA Swimwear Production offers; illustration assistance, techpacks, fabric sourcing assistance, sampling and mass production assistance and now warehousing and shipping. Brands can link their stores to LA Swimwear Productions warehouse and LA Swimwear Production can warehouse and ship their goods to their customers.
For more information please contact sales@laswimwearproduction.com
Visit www.laswimwearproduction.com for more information.
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SOURCE LA Swimwear Production | https://www.mysuncoast.com/prnewswire/2022/09/07/swimwear-manufacturing-start-up-swimwear-brands/ | 2022-09-07T08:44:45Z |
Second quarter highlights
- Total second quarter revenue of $522 million, including Screening revenue of $354 million, Precision Oncology revenue of $154 million, and COVID-19 testing revenue of $14 million
- Total second quarter revenue, excluding COVID-19 testing, increased 26 percent compared to the second quarter of 2021, including 34 percent increase in Screening revenue and 12 percent increase in Precision Oncology revenue
- Screening revenue growth driven by improved sales team productivity, Cologuard marketing partnership with Katie Couric, Cologuard rescreens, and Cologuard use in 45-49 age group
MADISON, Wis., Aug. 2, 2022 /PRNewswire/ -- Exact Sciences Corp. (Nasdaq: EXAS), a leading provider of cancer screening and diagnostic tests, today announced that the company generated revenue of $521.6 million for the second quarter ended June 30, 2022, compared to $434.8 million for the same period of 2021.
"Exact Sciences' strong second quarter results reflect meaningful progress toward our vision to help eradicate cancer by providing patients better information before diagnosis and throughout their treatment," said Kevin Conroy, chairman and CEO. "We're focusing on getting more people tested with Cologuard® and Oncotype®, prioritizing our highest impact projects to reach profitability, and generating high-quality evidence for our pipeline of cancer diagnostic tests."
Second quarter 2022 financial results
For the three-month period ended June 30, 2022, as compared to the same period of 2021 (where applicable):
- Total revenue was $521.6 million, an increase of 20 percent
- Total revenue, excluding COVID-19 testing, increased 26 percent
- Screening revenue was $353.9 million, an increase of 34 percent
- Excluding PreventionGenetics acquisition, Screening revenue was $343.7 million, an increase of 30 percent
- Precision Oncology revenue was $154.0 million, an increase of 12 percent
- COVID-19 testing revenue was $13.8 million, a decrease of 58 percent
- Gross margin including amortization of acquired intangible assets was 68 percent, and non-GAAP gross margin excluding amortization of acquired intangible assets was 72 percent
- Net loss was $166.1 million, or $0.94 per share, compared to a net loss of $176.9 million, or $1.03 per share
- EBITDA was $(111.4) million and adjusted EBITDA was $(45.8) million
- Cash, cash equivalents, and marketable securities were $728.0 million at the end of the quarter
Screening includes laboratory service revenue from Cologuard tests, PreventionGenetics, and immaterial revenue from Biomatrica and Oncoguard® Liver products. Precision Oncology includes laboratory service revenue from global Oncotype products and therapy selection products, including oncomap™ and oncomap™ ExTra, formerly known as Oncotype Map™ and GEM ExTra®, respectively.
2022 outlook
The company anticipates revenue of $1,980-$2,022 million during 2022, assuming:
- Screening revenue of $1,350-$1,372 million, including $40-$42 million from PreventionGenetics,
- Precision Oncology revenue of $580-$590 million, including the divestiture of the Oncotype DX Genomic Prostate Score® test, and
- COVID-19 testing revenue of $50-$60 million.
Revenue guidance has been updated from the previously expected range of $1,985-$2,032 million, which assumed:
- Screening revenue of $1,350-$1,372 million, including $40-$42 million from PreventionGenetics,
- Precision Oncology revenue of $595-$610 million, and
- COVID-19 testing revenue of $40-$50 million.
Non-GAAP disclosure
In addition to the company's financial results determined in accordance with U.S. GAAP, the company provides non-GAAP measures that it determines to be useful in evaluating its operating performance. The company presents EBITDA, adjusted EBITDA, as well as non-GAAP gross margin and non-GAAP gross profit. EBITDA and adjusted EBITDA consist of net loss after adjustment for those items shown in the table below. The company defines non-GAAP gross profit and non-GAAP gross margin as GAAP gross profit and GAAP gross margin, respectively, excluding amortization of acquired intangible assets. The amortization of acquisition-related intangible assets used in the calculation of non-GAAP gross profit and non-GAAP gross margin pertain only to the amortization associated with developed technology acquired and recorded through purchase accounting transactions. The amortization of these intangible assets will recur in future periods until such intangible assets have been fully amortized. The company believes that these non-GAAP measures are useful in evaluating the company's operating performance. The company uses this non-GAAP financial information to evaluate ongoing operations and for internal planning and forecasting purposes. Non-GAAP financial information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental information purposes only, has limitations as an analytical tool and should not be considered in isolation or as a substitute for financial information presented in accordance with U.S. GAAP. For example, non-GAAP gross margin and non-GAAP gross profit exclude the amortization of acquired intangible assets although such measures include the revenue associated with the acquisitions. For a reconciliation of these non-GAAP measures to GAAP, see below "EBITDA and Adjusted EBITDA Reconciliations" and "Non-GAAP Gross Profit and Non-GAAP Gross Margin Reconciliations."
Second quarter conference call & webcast
Company management will host a conference call and webcast on Tuesday, August 2, 2022, at 5 p.m. ET to discuss second quarter 2022 results. The webcast will be available at exactsciences.com. Domestic callers should dial 888-330-2384 and international callers should dial +1-240-789-2701. The access code for both domestic and international callers is 4437608.
An archive of the webcast will be available at exactsciences.com. A replay of the conference call will be available by calling 800-770-2030 domestically or +1-647-362-9199 internationally. The access code for the replay of the call is 4437608. The webcast, conference call, and replay are open to all interested parties.
About Cologuard
The Cologuard test was approved by the FDA in August 2014, and results from Exact Sciences' prospective 90-site, point-in-time, 10,000-patient pivotal trial were published in the New England Journal of Medicine in March 2014. The Cologuard test is included in the American Cancer Society's (2018) colorectal cancer screening guidelines and the recommendations of the U.S. Preventive Services Task Force (2021) and National Comprehensive Cancer Network (2016). The Cologuard test is indicated to screen adults 45 years of age and older who are at average risk for colorectal cancer by detecting certain DNA markers and blood in the stool. Do not use the Cologuard test if you have had precancer, have inflammatory bowel disease and certain hereditary syndromes, or have a personal or family history of colorectal cancer. The Cologuard test is not a replacement for colonoscopy in high risk patients. The Cologuard test performance in adults ages 45-49 is estimated based on a large clinical study of patients 50 and older. The Cologuard test performance in repeat testing has not been evaluated.
The Cologuard test result should be interpreted with caution. A positive test result does not confirm the presence of cancer. Patients with a positive test result should be referred for diagnostic colonoscopy. A negative test result does not confirm the absence of cancer. Patients with a negative test result should discuss with their doctor when they need to be tested again. Medicare and most major insurers cover the Cologuard test. For more information about the Cologuard test, visit cologuard.com. Rx only.
About Exact Sciences' Precision Oncology portfolio
Exact Sciences' Precision Oncology portfolio delivers actionable genomic insights to inform prognosis and cancer treatment after a diagnosis. In breast cancer, the Oncotype DX Breast Recurrence Score® is the only test shown to predict the likelihood of chemotherapy benefit as well as recurrence in invasive breast cancer. The Oncotype DX® test is recognized as the standard of care and is included in all major breast cancer treatment guidelines. The Oncomap™ ExTra test applies comprehensive tumor profiling, utilizing whole exome and whole transcriptome sequencing, to aid in therapy selection for patients with advanced, metastatic, refractory, relapsed, or recurrent cancer. With an extensive panel of approximately 20,000 genes and 169 introns, the Oncomap ExTra test is one of the most comprehensive genomic (DNA) and transcriptomic (RNA) panels available today. Exact Sciences enables patients to take a more active role in their cancer care and makes it easy for providers to order tests, interpret results, and personalize medicine by applying real-world evidence and guideline recommendations. To learn more, precisiononcology.exactsciences.com.
About PreventionGenetics
Founded in 2004 and located in Marshfield, Wisconsin, PreventionGenetics is a CLIA and ISO 15189:2012 accredited laboratory. PreventionGenetics delivers clinical genetic testing of the highest quality at fair prices with exemplary service to people around the world. PreventionGenetics has 25 PhD geneticists on staff and provides tests for nearly all clinically relevant genes including the powerful and comprehensive germline whole genome sequencing test, PGnome® and whole exome sequencing test, PGxome®. PreventionGenetics was acquired by Exact Sciences in December 2021.
About Exact Sciences Corp.
A leading provider of cancer screening and diagnostic tests, Exact Sciences relentlessly pursues smarter solutions providing the clarity to take life-changing action, earlier. Building on the success of Cologuard and Oncotype tests, Exact Sciences is investing in its product pipeline to support patients before and throughout their cancer diagnosis and treatment. Exact Sciences unites visionary collaborators to help advance the fight against cancer. For more information, please visit the company's website at exactsciences.com, follow Exact Sciences on Twitter @ExactSciences, or find Exact Sciences on Facebook.
Forward-Looking Statements
This news release contains forward-looking statements concerning our expectations, anticipations, intentions, beliefs or strategies regarding the future. These forward-looking statements are based on assumptions that we have made as of the date hereof and are subject to known and unknown risks and uncertainties that could cause actual results, conditions and events to differ materially from those anticipated. Therefore, you should not place undue reliance on forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding expected future operating results; our strategies, positioning, resources, capabilities and expectations for future events or performance; and the anticipated benefits of our acquisitions, including estimated synergies and other financial impacts.
Important factors that could cause actual results, conditions and events to differ materially from those indicated in the forward-looking statements include, among others, the following: uncertainties associated with the coronavirus (COVID-19) pandemic, including its possible effects on our operations, including our supply chain and clinical studies, and the demand for our products and services; our ability to efficiently and flexibly manage our business amid uncertainties related to COVID-19; our ability to meet our payment obligations under our indebtedness; our ability to raise additional capital in amounts and on terms satisfactory to us, if at all; our ability to successfully and profitably market our products and services; the acceptance of our products and services by patients and healthcare providers; our ability to meet demand for our products and services; the willingness of health insurance companies and other payers to cover our products and services and adequately reimburse us for such products and services; the amount and nature of competition for our products and services; the effects of any judicial, executive or legislative action affecting us or the healthcare system; recommendations, guidelines and quality metrics issued by various organizations regarding cancer screening or our products and services; our ability to successfully develop new products and services and assess potential market opportunities; our ability to effectively enter into and utilize strategic partnerships and acquisitions; our success establishing and maintaining collaborative, licensing and supplier arrangements; our ability to obtain and maintain regulatory approvals and comply with applicable regulations; our ability to manage an international business and our expectations regarding our international expansion and opportunities; the potential effects of changing macroeconomic conditions, including the effects of inflation and interest rate and foreign currency exchange rate fluctuations and any such efforts to hedge such effects; the possibility that the anticipated benefits from our business acquisitions will not be realized in full or at all or may take longer to realize than expected; the possibility that costs or difficulties related to the integration of acquired businesses' operations or divestiture of business operations will be greater than expected and the possibility that integration or divestiture efforts will disrupt our business and strain management time and resources; the outcome of any litigation, government investigations, enforcement actions or other legal proceedings; our ability to retain and hire key personnel. The risks included above are not exhaustive. Other important risks and uncertainties are described in the Risk Factors sections of our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, and in our other reports filed with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Investor Contact:
Megan Jones
Exact Sciences Corp.
meganjones@exactsciences.com
608-535-8815
Media Contact:
Morry Smulevitz
Exact Sciences Corp.
msmulevitz@exactsciences.com
608-345-8010
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SOURCE Exact Sciences Corporation | https://www.kxii.com/prnewswire/2022/08/02/exact-sciences-announces-second-quarter-2022-results/ | 2022-08-02T20:58:49Z |
Small business owners have the chance to be featured on America's Big Deal and/or network with major retailers
WASHINGTON, Aug. 17, 2022 /PRNewswire/ -- Entrepreneurs nationwide are competing this summer to gain national exposure and product placement at major retailers through the 'Perfect Pitch', sponsored by SCORE, mentors to America's small businesses, and the MagicMakers Group (MMG), a collective of former Disney executives and experts.
'Perfect Pitch' participants have the chance to be featured on the TV program America's Big Deal to pitch their products to home viewers. At the end of each episode, the contestant with the highest sales gets the chance to strike a deal with either Lowe's, Macy's or QVC/HSN.
Contestants of SCORE's 'Perfect Pitch' event also receive national exposure and the opportunity to secure major investments, distribution or networking opportunities with Walmart, Sam's Club and other retailers.
How 'Perfect Pitch' works
To help entrepreneurs prepare for the contest, SCORE offered free training on how to successfully pitch a product. Each of the 237 entrepreneurs competing were then paired with one of SCORE's expert, volunteer mentors to provide one-on-one coaching and guidance. Mentors worked with their mentees to review business plans, provide feedback, resources, tools and support.
Entrepreneurs presented their product pitch to panelists from SCORE, MMG, retail launchpad pop-up shops for Sam's Club and America's Big Deal for the chance to be selected to appear on America's Big Deal or secure an opportunity with a major retailer.
"Pitch events are a prime example of how SCORE fosters small business success through mentoring and education," explains Ed Coleman, a certified SCORE mentor and district director for SCORE Washington DC. "SCORE can help small business owners prepare their products to sell, pitch to key retail executives and ultimately achieve their business dreams."
Small business owners benefit from mentor support
Entrepreneurs and 'Perfect Pitch' participants Javier and Jasmine Huertas, owners of Cusina Maya Cookware based in Chesterland, Ohio, appreciated the opportunity: "Not only did we receive excellent coaching, but it enabled us to focus our message and brand and perfect our elevator pitch. SCORE consistently pushed us to be better, giving us the tools, support and opportunities that we would not have found on our own. We are thankful for this opportunity to grow and for the mentors that are cheering us on."
SCORE New York City client Odaisha Ajayi, owner of Bailey's Furr Pup Cafe, said 'Perfect Pitch' helped her grow: "When I partnered with a SCORE mentor, it challenged me as a business owner to think and grow in areas I had not considered before."
SCORE supports entrepreneurs in all stages of their small business journey, offering expert mentoring, resilience training and on-demand educational resources. Visit SCORE.org to learn more.
Since 1964, SCORE has helped 11 million entrepreneurs start or grow a business. SCORE's 10,000 volunteers provide free mentoring, workshops and educational services to 1,500+ communities nationwide, creating 25,084 new businesses and 71,475 non-owner jobs in 2021 alone. Visit SCORE at www.score.org. Follow @SCOREMentors on Facebook, Twitter and LinkedIn.
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.
Contact:
Meghan Dooley
SCORE
202-968-6428
media@score.org
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SOURCE SCORE | https://www.wibw.com/prnewswire/2022/08/17/entrepreneurs-compete-national-exposure-perfect-pitch-event/ | 2022-08-17T18:12:57Z |
Heron Preston, Burberry, PUMA, University of Kentucky, and Eastern Michigan University partner with Gen.G to support education for the next generation of gaming leaders
LOS ANGELES, Sept. 8, 2022 /PRNewswire/ -- Global esports organization Gen.G announced the recipients for its 2022 Gen.G Foundation scholarship. Ten exceptional college students from around the country were chosen to receive the scholarship which focuses on supporting women, people of color, and low income students enrolled in a U.S. university or college who are interested in gaming, esports, entrepreneurship, journalism or content creation. Each will receive $10,000 to subsidize their tuition for this academic year, and will have access to exclusive career and mentorship programming as members of the new scholarship class.
"Working with Gen.G to support their goals in providing the pathway into the esports space has been truly inspiring," says global fashion designer Heron Preston. "Every year, I look to recognize a student who brings a high level of innovation and entrepreneurship into the digital space. Gen.G's work to amplify voices within their industry through supporting the next generation is a mission I am proud to support."
The recipients include:
- Chirayu Gupta - Indiana University Bloomington
- Iyad Khattab - Eastern Michigan University
- Riley Clasby - University of Kentucky
- Yunhyuk Lee (Seoul, Korea) - University of Kentucky
- Claire Toomey - Drexel University
- Elvia Mendez - University of California, Los Angeles
- Kaya Colwill - Dakota State University
- Naomi Lestage - University of Southern California
- Yasmine Ware - University of Southern Mississippi
- Je'Naiya Tims - Eastern Michigan University
Now in the third iteration of its scholarship program, the Gen.G Foundation welcomes a variety of partners in discovering the next generation of gaming leaders. This year's partners include: Gen.G's Executive Brand Advisor Heron Preston, luxury brand Burberry, global sports brand PUMA, the University of Kentucky, and Eastern Michigan University.
In selecting scholarship recipients, Heron Preston's focus for the foundation was on finding creative innovators in the digital space. Back for another year in support of the Gen.G Foundation, PUMA focused on the development of student esports athletes. In their first year of partnership with Gen.G, Burberry will select a scholarship recipient that demonstrates a commitment to empowering underrepresented communities within the gaming industry and beyond.
"We are so excited to introduce our third class of Gen.G Foundation scholarship recipients. Every year we are amazed by the young talent who are the future leaders of the esports and gaming industry; we've already seen past classes do so much in their own communities," said Gina Chung Lee, Chief Marketing Officer at Gen.G.
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SOURCE Gen.G | https://www.wibw.com/prnewswire/2022/09/08/10-college-students-across-country-selected-third-class-geng-foundation-scholarship-recipients/ | 2022-09-08T14:03:33Z |
New York University Langone Health published a study in the American Journal of Infection Control assessing the efficacy of sporicidal disinfectants against Clostridioides difficile and Candida aruis showing the use of EvaClean PurTabs NaDCC disinfectant resulted in the lowest bacterial colony counts on surfaces
BRAINTREE, Mass., July 20, 2022 /PRNewswire/ -- New York University Langone Health (NYUL) is considered one of the top ten hospitals in the country with 539 locations throughout New York, New Jersey, and Florida. Commensurate with its reputation as a forward-thinking medical center devoted to patient safety, Chief Epidemiologist Dr. Michael Phillips and his colleagues at NYUL conducted a study to confirm the efficacy of sporicidal disinfectants for controlling Clostridioides difficile (C. diff) and Candida aruis (C. auris).
Over the course of an 18-month period, Dr. Phillips, along with environmental services (EVS) and building services teams worked closely with EvaClean, the infection prevention division of EarthSafe Chemical Alternatives, to implement the study at two NYUL hospitals with a total of 1082 beds.
"As a strategic partner, we put the onus on ourselves to help facilitate improvements across the board," said Rich Prinz, Global Vice President of Sales at EvaClean. "Our PurExcellence Healthcare Program not only provides products but, customized protocols and continuous training as well."
EvaClean's relationship with NYUL originated long before the study when the hospital first launched its dry wipes program. From early on, EvaClean was actively involved with NYUL staff and over time, the relationship evolved into a true partnership with a singular mission of reducing hospital associated infections (HAIs).
Brian Spada, EvaClean Area Vice President Mid-Atlantic and Acute Care Lead said, "Dr. Phillips and the NYUL staff placed an extraordinary amount of trust in our team, which enabled us to be on the floor daily. In the last year, we observed a dramatic shift in hospital culture toward more interdepartmental transparency."
A primary goal of NYUL's study was to assess the adequacy of surface disinfection in reducing contamination. Three sporicidal chemical disinfectants were selected with minimal toxicity and surface damage profiles to determine efficacy for routine use in the healthcare setting: Electrolyzed water (EW), peracetic acid/hydrogen peroxide (PAA/H2O2), and Sodium dichloroisocyanurate (NaDCC), EvaClean's PurTabs disinfectant. After phase one of the study revealed NaDCC to be the most effective chemical, phase two compared application using a two-step process of microfiber cloths followed by electrostatic sprayer on all patient room surfaces versus cloth alone. In the paper, it states that electrostatic sprayers allow for touchless disinfection and could be more effective at targeting sites that are difficult to reach with the standard mop plus wipe method as it distributes positively charged particles uniformly over surfaces.
The results of the study proved NaDCC was the best sporicidal disinfectant as it produced significantly lower colony counts compared to PAA/H2O2 and EW. When compared to mopping/wiping, application with the electrostatic sprayer produced even greater results leading to the conclusion that NaDCC applied with standard microfiber cloth and mop plus an electrostatic sprayer was the most effective chemical disinfectant method.
"It is all about progressive process improvement," said Nicole Slacik, Clinical Consultant and Head of Training. "Every week, our team is on the units at NYUL as well as continuously educating staff. In fact, EvaClean's training program is now part of NYUL's new hire process."
Before year's end, NYUL is planning to roll out the EvaClean program in as many hospitals as possible. In addition, a follow-up peer-reviewed paper discussing the clinical results including reductions in C. diff and C. auris is set to be published in early 2023.
About EvaClean
Originally developed by EarthSafe Chemical Alternatives® in 2016, EvaClean® has become the preeminent solution for safer, more sustainable infection prevention. In addition to a portfolio of advanced electrostatic technologies and EPA approved chemistries with the highest level kill claims, EvaClean provides customized protocols and training that simplifies processes and improves outcomes. Founder and serial entrepreneur RJ Valentine, together with an exceptional leadership team, built EvaClean into a leading authority on healthier disinfection in all industry sectors worldwide. Learn more at www.evaclean.com and follow us on LinkedIn, Facebook and Twitter.
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SOURCE EvaClean Infection Prevention by EarthSafe | https://www.kxii.com/prnewswire/2022/07/20/nyu-langone-health-study-confirms-efficacy-evaclean-purtabs-nadcc-disinfectant/ | 2022-07-20T15:36:28Z |
THOMASVILLE – The city of Thomasville will join other cities across the country in recognizing Waste & Recycling Workers Week, which will be celebrated June 13-18. This weeklong recognition honors individuals in the solid waste industry for their hard work and dedication in keeping communities safe and healthy.
Officials with the Solid Waste Association of North America Georgia Chapter say they hope this week will bring awareness to protect solid waste workers and elevate the importance of their tasks for Georgia residents.
“Solid waste workers may not be able to bend steel with their bare hands or leap tall buildings in a single bound, but they collect trash, recycling, and compostables in all types of weather to protect our health and safety,” Suki Janssen, SWANA Georgia's chapter president, said.
Janssen said that solid waste workers are employed in the sixth most dangerous profession in the United States.
Whether working at the landfill, picking up yard debris, or driving a truck to pick up trash each week, solid waste workers are on the front lines every day to protect our health and sustain our environment from the problems of unmanaged waste. They even perform efficiently and effectively in the hot Georgia weather this time of year.
“Waste management is an invaluable public health service," Assistant City Manager Chris White said. "Our Solid Waste and Landfill staff work daily to make sure waste is collected and disposed of, and our community is clean and safe. Though they work behind the scenes in many situations, their work does not go unnoticed, and we encourage the public to help us celebrate and thank them this week.”
There are many ways residents and businesses can show support and appreciation for the men and women in solid waste services. Suggestions include:
· Greet your pickup driver with a cold bottle of water.
· If you have children, help them make a thank you card.
· Call the Solid Waste office to express thanks or give a compliment about your service.
· Wave to your collector to show your awareness and appreciation of their efforts.
· Express thanks and appreciation with a chalk drawing on your sidewalk or driveway.
The city of Thomasville will recognize its Solid Waste department throughout the week on social media. Follow along at Facebook.com/CityofThomasville. For more information on how to join the City of Thomasville Solid Waste team, visit Thomasville.org or call Human Resources at (229) 227-7001.
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accounts, the history behind an article. | https://www.albanyherald.com/news/thomasville-celebrates-waste-recycling-workers-week/article_487584f4-ea6d-11ec-9b0e-ffde6cfa8593.html | 2022-06-12T17:19:18Z |
VANCOUVER, BC, July 26, 2022 /PRNewswire/ - IDLE LIFESTYLE INC. ("IDLE" or the "Company") (CSE: IDLE) (FSE: 99L.F) (OTC: IDLSF) (formerly Poda Holdings, Inc.) is pleased to announce that its Board of Directors has declared the payment of a special dividend, and approved the return of capital, on its Subordinate Voting Shares ("SVS") and Multiple Voting Shares ("MVS") together amounting to a distribution of CDN$0.41 per SVS, and CDN$0.41 per MVS on an as-converted to SVS basis (the "Distribution"). The Distribution is expected to be paid on or about August 10, 2022 (the "Payment Date") to holders of record of SVS and MVS on August 3, 2022 (the "Record Date"). Accordingly, the timetable for the Distribution on Canadian Securities Exchange is expected to be:
* Ex-Dividend Date is the date on which the shares start trading without the subsequent Distribution value, therefore only shares acquired on or before August 1, 2022, will entitle the Shareholder to participate in the Distribution. The Company notes that August 1, 2022, is an optional holiday in Ontario, Canada, and the CSE market will be closed for trading.
The Distribution will be of an aggregate amount of approximately CDN$68.2 million, and comprised of a return of capital of approximately CDN$28 million and dividends of approximately CDN$40.2 million. The Shareholders will receive CAD$0.41 per each SVS held, being $0.215 in connection with the return of capital, and $0.195 in connection with the dividend payment and CAD$410 per each MVS held, being $56.00 in connection with the return of capital, and $354.00 in connection with the dividend payment.
These dividends are designated by the Company as eligible dividends as defined by the Income Tax Act (Canada) and similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.
The Distribution follows the completion by the Company, together with Ryan Selby and Ryan Karkairan, of the sale of substantially all of the assets and properties used in the Company's former business (the "Purchased Assets") to Altria Client Services LLC ("ALCS"), a subsidiary of Altria Group, Inc. (NYSE:MO) for a total purchase price of US$100.5 million, subject to certain adjustments and holdbacks on June 24, 2022, pursuant to a definitive agreement dated May 13, 2022 (the "Transaction"). As consideration for the Purchased Assets, ALCS paid US$55,275,000 to the Company, as further described on the Company's news release of June 24, 2022.
As a result of completion of the Transaction, the Company no longer has any material property or assets other than cash-on-hand plus the cash proceeds of the Transaction, which amount to approximately CDN$69.2 million after satisfying the Company's obligations and liabilities. After the Distribution, IDLE expects to retain approximately CDN$1 million in cash to explore new business opportunities for the economic benefit of its Shareholders, subject to the terms of the Asset Purchase Agreement.
The dividend portion of the Distribution is subject to the non-resident withholding tax at the statutory rate of 25%, unless a non-Canadian resident shareholder has certified that it is a resident of a country with a tax treaty with Canada and that they qualify for a lower rate of withholding tax under such tax treaty. All registered shareholders who are non-residents of Canada and who are entitled to tax treaty benefits should complete a Canadian Tax Form NR301, NR302, NR303 (as applicable), and return it by email to the Company's paying agent, Endeavor Trust Corporation, on or before 5:00 p.m. PST on August 9, 2022. Please send your completed and signed form by email on or before such time to:
Attn: Corporate Actions Department
admin@endeavortrust.com
Failure to do so will result in the Company withholding from your pro-rata share of the dividend portion of the Distribution at the statutory 25% withholding tax rate.
Non-Canadian resident shareholders who hold their shares through a broker do not need to return a form to the Company and should contact their broker directly.
Further details regarding the Distribution are set in the management information circular (the "Circular") sent to Shareholders in connection with the special meeting held on June 22, 2022, which is available under IDLE's profile at www.sedar.com.
On Behalf of the Board,
Ryan Selby
CEO, Director, and Chairman of the Board
Idle Lifestyle Inc.
Toll-free North America: +1-833-879-7632
Outside North America: +1-406-879-7632
investors@idle-lifestyle.com
www.idle-lifestyle.com
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking information" which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved. Such forward-looking information includes, among other things, information regarding: the anticipated timetable for the payment of the Distribution, the tax consequences of the Distribution, the anticipated amount of the Distribution per SVS and MVS, the anticipated amount of the proceeds to be retained by the Company to explore new business opportunities, and the Company's ability to identify such opportunities. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. Although such statements are based on assumptions management considers reasonable, there can be no assurance that the Distribution will be completed on the timetable set out in this news release or that events or facts will not arise that reduce the anticipated amount of the Distribution per SVS and MVS.
Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors change.
Investors are cautioned that, except as disclosed in the Circular, copies of which are filed under the Company's profile at www.sedar.com, any information released or received with respect to the Distribution may not be accurate or complete and should not be relied upon.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
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SOURCE Idle Lifestyle Inc. | https://www.mysuncoast.com/prnewswire/2022/07/26/idle-declares-dividends-approves-return-capital/ | 2022-07-26T11:52:56Z |
PITTSBURGH, Sept. 7, 2022 /PRNewswire/ -- "I wanted to create an effective cart for making and selling fried doughboys in a variety of locations," said an inventor, from Riverside, Calif., "so I invented the DOUGH BOY KING Cart. My design would accommodate and satisfy hungry walk-up customers and it could generate income for the entrepreneur."
The patent-pending invention provides an improved cart for frying and selling doughboys to the public. In doing so, it enables the user to create fresh and tasty sugarcoated fried dough. It also increases convenience and mobility and it could help to generate income for the business owner. The invention features a mobile, versatile and unique design that is easy to use so it is ideal for entrepreneurs with their own fried doughboy businesses.
The original design was submitted to the Riverside sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-RSM-116, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/09/07/inventhelp-inventor-develops-improved-doughboy-cart-rsm-116/ | 2022-09-07T18:14:45Z |
WASHINGTON (AP) — President Joe Biden will travel to Massachusetts on Wednesday to promote new efforts to combat climate change, although he will not declare an emergency that would unlock federal resources to deal with the issue despite increasing pressure from climate activists and Democratic lawmakers.
The White House said Tuesday it has not ruled out issuing such a declaration later, which would allow the president to reroute funds to climate efforts without congressional approval. On Wednesday, Biden will announce other new climate actions when he visits a former coal-fired power plant in Somerset, Massachusetts, which shuttered in 2017 but has since been reborn as an offshore wind power facility.
But since Sen. Joe Manchin, D-W.Va., hit pause on negotiations over climate spending and taxes last week, the public attention has shifted to a presidential emergency declaration and what the Biden administration could do with the newfound powers.
“It’s not on the table for this week,” White House press secretary Karine Jean-Pierre said of a climate emergency declaration. “We are still considering it. I don’t have the upsides or the downsides of it.”
The president has been trying to signal to Democratic voters that he’s aggressively tackling global warming at a time when some of his supporters have despaired about the lack of progress. He has pledged to push forward on his own in the absence of congressional action.
Declaration of a climate emergency would be similar to one issued by former President Donald Trump boosting construction of a southern border wall. It would allow Biden to redirect spending to accelerate renewable energy such as wind and solar power and speed the nation’s transition away from fossil fuels such as coal, oil and natural gas. The declaration also could be used as a legal basis to block oil and gas drilling or other projects, although such actions would likely be challenged in court by energy companies or Republican-led states.
The focus on climate action comes amid a heat wave that has seared swaths of Europe, with Britain reaching the highest temperature ever registered in a country ill-prepared for such weather extremes.
The typically temperate nation was just the latest to be walloped by unusually hot, dry weather that has triggered wildfires from Portugal to the Balkans and led to hundreds of heat-related deaths. Images of flames racing toward a French beach and Britons sweltering — even at the seaside — have driven home concerns about climate change.
The president vowed late last week to take robust executive action on climate after Manchin — who has wielded outsized influence on Biden’s legislative agenda because of Democrats’ razor-thin majority in the Senate — hit the brakes on negotiations over proposals for new environmental programs and higher taxes on the wealthy and corporations.
One of the biggest backers of fossil fuels within the Democratic caucus, Manchin has blamed persistently high inflation for his hesitation to go along with another spending package. His resistance has enraged other congressional Democrats who have ramped up pressure on Biden to act on his own on climate.
“I think given the global crisis that we’re facing, given the inability of Congress to address this existential threat, I think the White House has got to use all of the resources and tools that they can,” said Sen. Bernie Sanders, I-Vt. On a climate emergency, “that’s something that I’ve called for, a long time ago.”
Biden, who served in the Senate for more than three decades, “has been chained to the legislative process, thinking about his past as a senator,” Sen. Jeff Merkley, D-Ore., said at a news conference Monday night. “Now he’s unchained, and he has to go.”
John Podesta, board chairman of the liberal Center for American Progress, said environmental leaders met with senior White House officials on Friday to discuss policy ideas. Some proposals included ramping up regulations on vehicle emissions and power plants, reinstating a ban on crude oil exports and suspending new leases for oil drilling on federal lands and waters.
“If he’s going to make good on his commitments to do everything he can to bring emissions down, he’s got to pay attention to those critical regulatory issues that are facing him,” said Podesta, a former climate counselor for President Barack Obama.
Ben King, an associate director at the Rhodium Group, an independent research firm, said the United States is “nowhere close” to meeting ambitious goals set by Biden for reducing emissions.
Biden escalated the country’s emissions reduction target to at least 50% below 2005 levels by 2030. Under current policies in place at the federal and state level, the U.S. is on track to reach a reduction of 24% to 35%, according to the Rhodium Group’s latest analysis.
“Absent meaningful policy action, we’re far off track from meeting the goals that the U.S. is committed to under the Paris accord,” King said, referring to a 2015 global conference on addressing climate change.
Even as Democrats and environmental groups pushed Biden to act on his own, some legal scholars questioned whether an emergency declaration on climate change is justified.
“Emergency powers are designed for events such as terrorist attacks, epidemics and natural disasters,’’ said Elizabeth Goitein, co-director of the liberty and national security program at the Brennan Center for Justice at New York University School of Law.
Such powers “aren’t intended to address persistent problems, no matter how dire. And they aren’t meant to be an end-run around Congress,’’ Goitein wrote in a op-ed for The Washington Post last year. | https://cw33.com/news/politics/ap-politics/ap-source-biden-holds-off-on-climate-emergency-declaration/ | 2022-07-20T16:26:51Z |
PALO ALTO, Calif., May 5, 2022 /PRNewswire/ -- Landing AI, a provider of software that makes building and deploying AI solutions in manufacturing fast and easy, today announced it has joined NVIDIA Metropolis, a program designed to nurture and bring to market a new generation of applications and solutions that make the world's most important spaces and operations safer and more efficient with advancements in AI vision.
Landing AI unleashes the next era of AI with its pioneering data-centric approach that brings the benefits of AI to manufacturers that lack big datasets associated with traditional AI. Its LandingLens software streamlines implementation of industrial automated inspection systems using deep learning AI technology. Many LandingLens customers deploy at the edge using the NVIDIA Jetson edge AI platform. Joining the Metropolis program ensures a seamless experience for customers accelerating AI performance and edge deployments to further improve quality control and more in manufacturing and industrial applications.
NVIDIA Metropolis is an application framework that makes it easier and more cost effective for enterprises, governments, and integration partners to leverage world-class AI-enabled solutions to improve critical operational efficiency and safety problems. The NVIDIA Metropolis ecosystem contains a large and growing breadth of partners who are investing in the most advanced AI techniques and most efficient deployment platforms, and using an enterprise-class approach to their solutions. Partners have the opportunity to gain early access to NVIDIA platform updates to further enhance and accelerate their AI application development efforts. Further, the program offers opportunities for partners to collaborate with industry-leading experts and other AI-driven organizations.
"Having successfully deployed the NVIDIA Jetson platform at customer sites, we are thrilled to be part of NVIDIA Metropolis ," said Carl Lewis, Senior Director of Customer Success & Strategic Partnerships at Landing AI. "As LandingLens becomes the choice for manufacturers looking to optimize efficiency, we look forward to working closely with NVIDIA and our system integration partners."
About Landing AI
Landing AI™ is pioneering the next era of AI in which companies with limited data sets can realize the business and operational value of AI. Guided by a data-centric AI approach, Landing AI's flagship product is LandingLens™, an enterprise MLOps platform that builds, iterates and operationalizes AI-powered visual inspection solutions for manufacturers. With data quality key to the success of production AI systems, LandingLens™ enables optimal data accuracy and consistency. Founded by Andrew Ng, co-founder of Coursera, former chief scientist of Baidu, and founding lead of Google Brain, Landing AI is uniquely positioned to lead AI from a technology that benefits a few to a technology that benefits all. For more information, visit Landing.ai.
CONTACT: press@landing.ai
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SOURCE Landing AI | https://www.kxii.com/prnewswire/2022/05/05/landing-ai-joins-nvidia-metropolis-partner-program-transform-industrial-inspection-with-ai/ | 2022-05-06T01:25:32Z |
BOSTON, June 10, 2022 /PRNewswire/ -- Ginkgo Bioworks (NYSE: DNA), the leading horizontal platform for cell programming, announced today that management is scheduled to participate in Goldman Sachs' 43rd Annual Global Healthcare Conference, on June 15, 2022, at 10:40 a.m. PT.
Further details, a webcast link, and a replay of the presentation, if available, will be posted on the company's investor relations website at https://investors.ginkgobioworks.com/events.
Ginkgo is building a platform to enable customers to program cells as easily as we can program computers. The company's platform is enabling biotechnology applications across diverse markets, from food and agriculture to industrial chemicals to pharmaceuticals. Ginkgo has also actively supported a number of COVID-19 response efforts, including K-12 pooled testing, vaccine manufacturing optimization and therapeutics discovery. For more information, visit www.ginkgobioworks.com.
Ginkgo Bioworks Contacts:
INVESTOR CONTACT:
MEDIA CONTACT:
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SOURCE Ginkgo Bioworks | https://www.kxii.com/prnewswire/2022/06/10/ginkgo-bioworks-announces-participation-goldman-sachs-43rd-annual-global-healthcare-conference/ | 2022-06-10T21:57:49Z |
Study of 101 patients found that Insightec' Exablate Prostate system is a safe and effective treatment option for intermediate risk prostate cancer.
HAIFA, Israel and MIAMI, June 23, 2022 /PRNewswire/ -- Insightec, a global healthcare company dedicated to using acoustic energy to transform patient care, today announced the publication of its multicenter prostate cancer focal therapy study in The Lancet Oncology journal. The study, entitled "MRI-Guided Focused Ultrasound (MRgFUS) Focal Therapy for Intermediate-Risk Prostate Cancer: A Phase 2b Multicentre Study", showed that the Insightec Exablate Prostate system was a safe and effective treatment option compared to radical prostatectomy for patients living with intermediate risk (grade 2 or 3) prostate cancer.
The Insightec Exablate Prostate system is the only technology that used highly focused sound waves to destroy targeted tissue in the prostate under Magnetic Resonance Imaging (MRI) guidance for high resolution visualization of the patient's anatomy for precise targeting and real-time temperature monitoring.
This study was the basis of the FDA 510K clearance to treat prostatic tissue, in which more than 90% of the patients with intermediate-risk prostate cancer had negative biopsy results in the area of procedure. The study showed also that the vast majority of the safety events were Mild or Moderate.
"Exablate Focused Ultrasound has been shown to provide effective control of locally-confined prostate disease in select patients based on 24-month biopsy outcomes," said Behfar Ehdaie, MD, MS, Trial PI, and urologic surgeon at Memorial Sloan Kettering Cancer Center. "Precision ablation together with MR imaging and thermal feedback may enable men to consider a tissue preserving approach and defer or avoid radical therapy."
"Insightec is committed to exploring the full potential of focused ultrasound technology through intensive research and innovation," said Maurice R. Ferré, MD, Insightec CEO and Chairman of the Board. "We are proud of this study and the promise it holds for the future of prostate treatment and patient care."
The Insightec Exablate Prostate system received 510(k) FDA clearance in November 2021, making way for the system to be offered to patients in a commercial facility and for further clinical studies.
To read the full article in The Lancet Oncology journal:
https://www.thelancet.com/journals/lanonc/article/PIIS1470-2045(22)00251-0/fulltext
To read more about Exablate Prostate FDA 510K clearance:
https://insightec.com/insightec-announces-fda-clearance-for-exablate-prostate/.
To read more about Exablate Prostate's first US commercial patient treatment:
https://insightec.com/first-us-commercial-patient-treated-for-prostate-disease-with-insightec-incisionless-focused-ultrasound-system/
About Insightec
Insightec is a global healthcare company creating the next generation of patient care by realizing the therapeutic power of acoustic energy. The company's Exablate Neuro platform focuses sound waves, safely guided by MRI, to provide tremor treatment to patients with medication-refractory Essential Tremor and Parkinson's Disease. Research for future applications in the neuroscience space is underway in partnership with leading academic and medical institutions. Insightec is headquartered in Haifa, Israel, and Miami, with offices in Dallas, Shanghai, and Tokyo.
Follow us on Facebook, LinkedIn and Twitter or visit www.insightec.com for more information.
Forward-looking Statements:
This document contains forward-looking statements regarding, among other things, plans, expectations, and future events. In some cases, forward-looking statements can be identified by the following words: "may," "can," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "promise," "continue," "ongoing," or the negative of these terms. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. Any forward-looking statement is based on information available to Insightec as of the date of the statement. All written or oral forward-looking statements attributable to Insightec are qualified by this caution. Insightec does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in Insightec's expectations.
"Exablate," and "Exablate Neuro," as well as the "INSIGHTEC" logo, whether standing alone or in connection with the word "Insightec", are protected trademarks of Insightec.
Insightec Media Contact:
G&S Business Communications for Insightec
Marjani Williams
mwilliams@gscommunications.com
(312) 648-6700, ext.2108
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SOURCE Insightec | https://www.mysuncoast.com/prnewswire/2022/06/23/insightec-announces-peer-reviewed-publication-phase-2b-focused-ultrasound-prostate-cancer-study-lancet-oncology-journal/ | 2022-06-23T14:33:00Z |
VANCOUVER, BC, May 27, 2022 /PRNewswire/ - LQwD Fintech Corp. (TSXV: LQWD) (OTC: LQWDF) is pleased to announce the appointment of Peter Loretto as an independent director replacing Dean Sutton, who will remain an advisor to the Company. The Board now consists of Shone Anstey, Ashley Garnot, Pino Perone, Kim Evans and Peter Loretto.
Mr. Loretto holds an MBA from Gonzaga University in Spokane Washington with more than 35 years of extensive international investment banking, corporate finance and both venture and senior board listed company experience.
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the Company's industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE LQwD FinTech Corp. | https://www.mysuncoast.com/prnewswire/2022/05/27/lqwd-fintech-corp-announces-new-director/ | 2022-05-27T13:42:08Z |
Several Hundred Guests Gathered Together on May 12th for Private One-Night Sneak Peek Cruise
Onboard New Margaritaville at Sea Paradise, Followed by First Passenger Sailing May 14th
PALM BEACH, Fla., May 16, 2022 /PRNewswire/ -- Margaritaville at Sea, the all-new floating island vacation, made a star-studded debut, welcoming several hundred VIPs, partners, community members and travel advisors for the official christening of its flagship vessel, Margaritaville at Sea Paradise. The exciting one-night sailing included a traditional christening ceremony and a surprise live concert with singer, songwriter and best-selling author Jimmy Buffett.
The christening ceremony for Margaritaville at Sea Paradise was held at the Stars on the Water Theater, where John Cohlan, CEO of Margaritaville, Oneil Khosa, CEO of Margaritaville at Sea and Kevin Sheehan Jr, President of Margaritaville at Sea spoke about their partnership and participated in a traditional bottle-breaking ceremony to officially christen the ship.
"This journey has not been an easy one, and we've battled many challenges, but the best part about Margaritaville at Sea is that this product is so truly innovative, we only have ourselves to compete with, as we push to deliver an unprecedented experience to travelers that gets better and better," said Oneil Khosa, chief executive officer of Margaritaville at Sea. "It is an honor to celebrate this important milestone as we embark upon a new chapter as Margaritaville at Sea. This is a moment to remember, and we are fortunate to have so many friends, family members and valued partners onboard with us to mark the occasion."
John Cohlan, CEO of Margaritaville, added "we are excited to celebrate this watershed moment, pun intended, and the much-anticipated debut of Margaritaville at Sea. On behalf of the Margaritaville family, I'd like to thank everyone that helped us get here and we look forward to many years of smooth sailing ahead."
As part of the christening ceremony, NFL Game Changer Award winner Shaquem Griffin was introduced as Godfather. As he spoke about what the title means to him, Griffin said, "it is an honor to serve as an extension of the amazing Margaritaville family and to be chosen as the godfather of Margaritaville at Sea Paradise. This company has continually strived to be better than it was before, and I am proud to be onboard as part of the journey."
After Griffin spoke, Pastor Christine Bandy-Helderman blessed the ship. A video was shown depicting the ship's transformation and preparation to be christened. In an emotional moment, Margaritaville at Sea President Kevin Sheehan, Jr. acknowledged his parents and spoke about the journey of their family cruise business before sharing a list of nationalities represented by the ship's crew and encouraging guests to honor crew members from the Ukraine – including the ship's captain and staff captain. The ceremony ended with a celebratory moment, as attendees were covered in streamers and beach balls.
After the christening ceremony, guests were treated to a Margaritaville at Sea sail-away party, where they were transported into a Margaritaville state of mind with a surprise hour-long live performance by Jimmy Buffett, including fan favorites like "Margaritaville" and "Cheeseburger in Paradise."
Later, guests attended an exclusive preview of 'Tales from Margaritaville: Jimmy's Ship Show,' written and produced by Buffett and producer Frank Marshall, and enjoyed a selection of dining options including JWB Prime Steakhouse, Margaritaville's signature laid-back luxe dining experience. The night ended with games, salsa dancing lessons, a tropical glow party and a Caribbean-themed pool deck soirée under the stars.
On May 14th, following the christening and private inaugural sailing, Margaritaville at Sea Paradise set sail on her first passenger sailing. The ship provided travelers access to Margaritaville's iconic lifestyle during two-night, round-trip, voyage from the Port of Palm Beach to Grand Bahama Island, including lively onboard entertainment and gourmet food and beverage options. Those looking to extend their stay in paradise can book the line's "Cruise & Stay" package, which conveniently bundles a round-trip cruise with up to four nights at a premium beachfront resort on Grand Bahama Island.
For more information on Margaritaville at Sea or to book a cruise, visit www.MargaritavilleatSea.com or call 800-995-3143. Follow Margaritaville at Sea on Facebook and Instagram @MargaritavilleatSea.
Media Note: photography and b-roll from the festivities can be accessed here.
Margaritaville at Sea is a floating island vacation at sea that brings together the brand's iconic hospitality and resort experiences with the ability to escape and see the world. The inaugural ship, Margaritaville at Sea Paradise, features 658 cabins with nautical details and colors influenced by the sea, sand, and sky. Amenities include several dining venues, pools, entertainment programming, retail stores, a St. Somewhere Spa, Fins Up! Fitness Center, and more. In addition to Margaritaville at Sea, Margaritaville features over 25 hotels and resorts, two gaming properties, RV resorts, and over 60 food and beverage venues – as well as real estate communities, vacation clubs, and consumer lifestyle products.
Hemsworth Communications for Margaritaville at Sea
MargaritavilleAtSea@HemsworthCommunications.com
Finn Partners for Margaritaville
margaritaville@finnpartners.com
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SOURCE Margaritaville at Sea | https://www.kxii.com/prnewswire/2022/05/17/margaritaville-sea-sets-sail-with-surprise-poolside-jimmy-buffett-concert-christening-ceremony-featuring-nfl-game-changer-amp-godfather-shaquem-griffin/ | 2022-05-17T02:32:06Z |
2 group home employees charged after pouring boiling water on patient with disabilities, police say
CHICKASAW, Ala. (WALA/Gray News) – Two employees of a group home in Alabama were arrested Tuesday after police said they poured boiling water on a patient.
Chickasaw police said the 52-year-old patient has mental and physical disabilities. He is being treated at a hospital for second-degree burns.
An employee with Nobles Group Homes told WALA that the alleged abuse was “all a hoax” and denied anything happened. However, police tell a much different story.
Captain Tommie McDuffie with the Chickasaw Police Department said surveillance video from inside the group home shows 21-year-old Dakerria Hall and 22-year-old Kevin Franklin pour boiling water on the victim.
“We have evidence to prove that they abused one of the residents inside of the home,” McDuffie said. “After an interview, those two were arrested and charged with abuse of a protected person.”
McDuffie also said the victim is unable to care for himself due to his disabilities.
“When you have somebody that can’t take care of themselves mentally or physically, and for someone to intentionally do harm to them, I think it’s outrageous,” McDuffie said.
Nobles Group Homes is owned by an independent contractor and licensed by the Intellectual Disabilities Division of Alabama’s Department of Mental Health.
Both Hall and Franklin have bonded out of jail.
Copyright 2022 WALA via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/23/2-group-home-employees-charged-after-pouring-boiling-water-patient-with-disabilities-police-say/ | 2022-06-23T17:59:35Z |
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Taskus, Inc. (NASDAQ: TASK).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/taskus-inc-loss-submission-form/?id=25680&from=4
The lawsuit seeks to recover losses for shareholders who purchased Taskus between June 11, 2021 and January 19, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 25, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Taskus, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) TaskUs was experiencing severe financial strain and business challenges, particularly with its most important customer, Facebook; (2) the Content Security market was smaller than defendants represented and defendants' representations were based on outdated market data; (3) TaskUs improperly recognized revenue from certain key contracts; (4) defendants overstated the size of TaskUs' workforce as well as employee retention rates, and understated attrition rates; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/04/08/task-shareholder-alert-jakubowitz-law-reminds-taskus-shareholders-lead-plaintiff-deadline-april-25-2022/ | 2022-04-08T11:50:16Z |
New FERODO Brake Pads, Discs and Fluid Now Available for Full Range of Mountain, Road and eBikes
KONTICH, Belgium, July 12, 2022 /PRNewswire/ -- FERODO Racing's unparalleled success at the highest levels of two- and four-wheel competition has resulted in the development of a new range of top-performing brake pads, discs and fluid for conventional and electric bicycles. The new FERODO offer that will be introduced in the occasion of Eurobike 2022 (July 12-17) in Frankfurt, Germany (Hall 11.1, Stand D01B), enables mountain bikers, road racers and other biking enthusiasts to enjoy the brand's "power of performance," including exceptional braking precision response and outstanding reliability in all operating environments.
FERODO brakes are a leading choice of premier teams in dozens of two- and four-wheel racing series. In two-wheel competition, the brand provides leading-edge technologies and technical support to teams and riders in World Superbike, World Supersport, MXGP Motocross, Enduro GP and other series. Many four-wheel teams and drivers are braking with FERODO in FIA Formula 4, GT3 and GT4 and World Rally Championship racing, along with several other series.
"Our new bicycle and eBike range is a natural extension of FERODO's braking expertise in the motorcycle category," said Sergio Bonfanti, FERODO Racing Managing Director. "Our engineers' primary focus is to help make riders safe so they can focus on being as fast as possible."
The new FERODO range for bicycles includes:
- FERODO mid-metallic eBike brake pads featuring an advanced friction compound formulated to provide top performance and outstanding service life for all forms of eBike riding
- FERODO mid-metallic brake pads developed specifically for mountain biking and on-road environments
- FERODO high-carbon steel, tempered (HRC 39 hardness) brake discs available for use with all pad types. Available in center-lock and one-piece designs.
- FERODO DOT 4 brake fluid
FERODO brakes for bicycles and eBikes are the latest in the brand's more than 125-year history of braking innovations. FERODO manufactured its first brake products, for horse-drawn carriages, in 1897. In 1956 the company manufactured the first disc brake pads for a mass-produced automobile – the Triumph TR 3. Today FERODO brake pads, discs, hydraulics and other products are leading choices of global vehicle manufacturers, workshop technicians, racing teams and consumers.
For more information regarding FERODO Racing and FERODO brake products, please visit www.ferodoracing.com.
Scan the QR Code to discover FERODO Bike range.
About Tenneco
Tenneco is one of the world's leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with full year 2021 revenues of $18 billion and approximately 71,000 team members working at more than 260 sites worldwide. Through our four business groups, Motorparts, Performance Solutions, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
Visit www.tenneco.com to learn more.
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SOURCE Tenneco Inc. | https://www.mysuncoast.com/prnewswire/2022/07/12/ferodo-racing-brings-performance-braking-expertise-conventional-electric-bicycles/ | 2022-07-12T11:21:34Z |
Princess will add Xponential's leading boutique fitness branded content across its full fleet of premium cruise ships
OneSpaWorld, Princess Cruises' exclusive provider of health, wellness, and fitness at sea, will incorporate Xponential content into its programming
SANTA CLARITA, Calif., Sept. 12, 2022 /PRNewswire/ -- Princess Cruises, the world's most iconic premium cruise brand and a brand of Carnival Corporation & plc (NYSE: CCL) (LSE: CCL) (NYSE: CUK), today announced an exclusive five-year licensing agreement with Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands.
With this unique partnership, Princess will leverage Xponential Fitness's extensive content in concert with OneSpaWorld's unparalleled expertise in the health, wellness and fitness at sea sector to become the first major cruise line offering multiple, curated fitness brands to create uniquely customizable guest fitness experiences at sea. Over the term of the agreement, a minimum of eight Xponential brands will be made available onboard each of Princess' 15-ship fleet, resulting in a minimum total of 120 licensed studio experiences across the Princess fleet, featuring Xponential's market-leading Club Pilates, Pure Barre, Yoga Six, CycleBar, Row House, AKT Dance, and StretchLab brands and fitness modalities to start, with more exciting Xponential Fitness offerings to come.
Xponential Fitness will work with OneSpaWorld (Nasdaq: OSW), Princess Cruises' exclusive partner for health, wellness and fitness services, to incorporate Xponential's outstanding experiences into the fitness offerings provided to Princess guests, managed by OneSpaWorld's fitness professionals and onboard staff in onboard fitness and spa facilities.
"Our goal is simply to provide the best vacation experiences in the world at the best value. Blending Xponential's unmatched boutique fitness brand portfolio with OneSpaWorld's beautifully-curated fitness program, developed over the course of our 25-year exclusive collaboration, allows us to align the most iconic brand in cruising with the best and most comprehensive offerings in the fitness industry," said John Padgett, president of Princess Cruises. "Whether at your home, your local studio, your stateroom, the ship fitness center, sports court or lido deck, our guests can engage with Pure Barre, Club Pilates, YogaSix, StretchLab, Stride or any of their favorite fitness experiences."
"This partnership will broaden the fitness experience available to the millions of guests who sail on Princess," said Danyal Ali, President of XPASS at Xponential Fitness. "Our wide variety of fitness offerings, ranging from stretching to cycling, will provide everyone, including avid Xponential members and first-timers, the opportunity to experience our brands in addition to the existing extensive suite of OneSpaWorld services offered on board. We look forward to working closely with OneSpaWorld to create extraordinary value for Princess and its guests. Clearly, the strong synergies among Princess Cruises, Xponential Fitness, and OneSpaWorld will create value for all involved in the partnership."
"We are thrilled to partner with Princess and Xponential to expand our delivery of personalized, custom Princess guest experiences at sea by incorporating the premier Xponential Fitness studio fitness brand content and its market-leading multi-modality programming into our offering," said Leonard Fluxman, CEO, President and Executive Chairman of OneSpaWorld. "Together with the Xponential Fitness team, we will design remarkable Princess-inspired fitness experiences for each Princess guest, continuing our 25-year commitment to innovate and deliver marvelous new guest experiences and memories."
In addition to the onboard Xponential brand studio classes, Princess will make Xponential Fitness' XPLUS virtual on-demand studio class subscription service available in more than 23,000 staterooms on Princess' proprietary digital content platform, OceanView. Princess guests need not be Xponential Fitness members to experience in-studio live classes and in-stateroom on-demand classes, and can continue their onboard experience post-cruise through XPASS at exclusive Princess discounted prices.
Further, Princess will integrate customized equipment packages from Xponential Fitness partners to complement its onboard boutique studios, and will also make Xponential Fitness merchandise available in onboard retail stores and on Princess' industry leading on-demand location-based services platform OceanNow.
Along with these exclusive onboard and post-cruise Xponential Fitness offerings, delivered by OneSpaWorld at sea, Princess Cruises also becomes the first Xponential Fitness corporate wellness partner through its XPASS multi-brand live studio class program and its XPLUS virtual on-demand subscription fitness programming made available at exclusive discounts to Princess Cruises' more than 30,000 employees. With this agreement, Xponential Fitness and its brands become the Official Fitness Content Partner of Princess Cruises, while Princess Cruises becomes the Official Vacation Partner of all Xponential Fitness brands.
Princess Cruises is the world's most iconic premium cruise brand operating a fleet of 15 modern cruise ships, carrying millions of guests each year to 330 destinations around the globe, including the Caribbean, Alaska, Panama Canal, Mexican Riviera, Europe, South America, Australia/New Zealand, the South Pacific, Hawaii, Asia, Canada/New England, Antarctica, and World Cruises. Celebrated around the globe as the Love Boat, Princess offers the ultimate in effortless, personalized cruising featuring magnificent balconies, world-class dining, entertainment, casinos, pools, fitness centers, and spas, all elevated by the exclusive Princess Medallion. The company is part of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK). The Princess brand will be on full display this fall as The Real Love Boat joins CBS' Wednesday night primetime lineup starting Oct. 5.
Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Through its mission to make boutique fitness accessible to everyone, the Company operates a diversified platform of ten brands spanning across verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training and yoga. In partnership with its franchisees, Xponential Fitness offers energetic, accessible, and personalized workout experiences led by highly qualified instructors in studio locations across 48 U.S. states and Canada, and through master franchise or international expansion agreements in 12 additional countries. Xponential Fitness' portfolio of brands includes Club Pilates, the largest Pilates brand in the United States; CycleBar, the largest indoor cycling brand in the United States; StretchLab, a concept offering one-on-one and group stretching services; Row House, the largest franchised indoor rowing brand in the United States; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix, the largest franchised yoga brand in the United States; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements, and the largest Barre brand in the United States; STRIDE, a treadmill-based cardio and strength training concept; Rumble, a boxing-inspired full-body workout; and BFT, a functional training and strength-based program. For more information, please visit the Company's website at xponential.com.
Headquartered in Nassau, Bahamas, OneSpaWorld is one of the largest health and wellness services companies in the world. OneSpaWorld's distinguished health and wellness centers offer guests a comprehensive suite of premium health, wellness, fitness and beauty services, treatments, and products currently onboard 174 cruise ships and at 51 destination resorts around the world. OneSpaWorld holds the leading market position within the cruise line industry of the historically fast-growing international leisure market and has been built upon its exceptional service standards, expansive global recruitment, training and logistics platforms, irreplicable operating infrastructure, extraordinary team and a history of service and product innovation that has enhanced its guests' personal care experiences while vacationing for over 65 years.
This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections based on management's judgment, beliefs, current trends, and anticipated performance. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, the timing and launch of Xponential Fitness brand studios on Princess Cruise ships, the success of studio classes onboard Princess Cruises, impact of the COVID-19 pandemic on our business and franchisees; our relationships with master franchisees and franchisees; difficulties and challenges in opening studios by franchisees or onboard Princess Cruises; the ability of franchisees to generate sufficient revenues; risks relating to expansion into international markets; loss of reputation and brand awareness; material weakness in our internal control over financial reporting; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the full year ended December 31, 2021 filed by Xponential Fitness with the SEC and other periodic reports filed with the SEC. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Xponential Fitness undertakes no duty to update such information, except as required under applicable law.
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SOURCE Princess Cruises | https://www.wibw.com/prnewswire/2022/09/12/princess-cruises-xponential-fitness-inc-announce-exclusive-license-agreement/ | 2022-09-12T14:18:12Z |
‘Doctor Strange’ enters the multiverse, in what might be the most insanely Marvel movie yet
By Brian Lowry, CNN
“Doctor Strange in the Multiverse of Madness” might be the most insanely Marvel movie ever, for good and ill. Unleashing the infinite possibilities of the multiverse throws open the studio’s toy chest, but the anything-goes aspects of that can be alternately thrilling, disorienting and occasionally, a little silly. All told, this sequel proves highly entertaining, if not quite worthy of the pent-up demand for it.
It’s hard to believe that this is the first actual sequel to “Doctor Strange,” six years later, since Benedict Cumberbatch has played the sorcerer multiple times during that span, from the Avengers to Thor to most recently “Spider-Man: No Way Home.”
Directed by Sam Raimi, who has his own Spidey ties, the movie has roots that reach back to Strange’s journey from the original, as well as the Avengers’ two-part battle against Thanos. “I made the only play we had,” Strange says, by way of explaining the toll of the blip that sent people into oblivion for five years.
Yet the most significant recent touchstones in terms of the storytelling actually hail from Disney+, a sign of how vast and interconnected the Marvel Cinematic Universe has become. That most obviously includes “WandaVision,” which set up the character arc of Wanda Maximoff (Elizabeth Olsen) and her transformation into the Scarlet Witch, playing a pivotal role here; but also “Loki,” offering its own dizzying exploration of parallel realities, which was created by the film’s writer, Michael Waldron.
The movie features one key addition in the form of a teenage girl (Xochitl Gomez of “The Baby-Sitters Club”) who possesses the ability to open doors into the multiverse. That power draws Strange into a frantic race to save not just our universe but others as well.
At its best, “Multiverse of Madness” bursts with psychedelic energy. It can be dark and demanding, but still playfully explore quadrants of Marvel mythology clearly designed to make fans whoop and holler. One sequence in particular is well worth the price of admission to see with an audience, in a dazzling flex of the tools now at the studio’s disposal.
On the flip side, there’s an unavoidable messiness to the whole universe-hopping conceit, in a way that seems to be inventing rules on the fly, or a little too cute for its own good. Granted, the narrative moves at such a brisk pace it’s easy to simply roll with that, but along-for-the-ride movie-goers needn’t apologize for feeling lost in places.
Technically, Raimi has delivered a visually stunning exercise, augmented by composer Danny Elfman’s spectacular score (which, at one point, is inventively woven into the action). Nor should it be overlooked what actors of Cumberbatch and Olsen’s caliber bring to the central roles in terms of wit and humanity, helping ground all that expensive mayhem in vulnerability and emotion.
Practically speaking, the hunger for another true Marvel theatrical experience comes with enormous hoopla and corresponding expectations. Yes, the studio has released films in between, but with two of its recent titles being origin stories, this feels like the closest kin to “Avengers: Endgame” since that hit theaters three very long years ago, before the pandemic shuttered them.
Overall, “Doctor Strange” proves up to that formidable challenge. Yet it’s possible to broadly enjoy the movie and still come away a bit frustrated by the multiverse of it all — feeling as if it’s sporadically guilty of putting too much method in its “Madness.”
“Doctor Strange in the Multiverse of Madness” premieres in US theaters on May 6. It’s rated PG-13.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/06/doctor-strange-enters-the-multiverse-in-what-might-be-the-most-insanely-marvel-movie-yet-2/ | 2022-05-06T14:30:23Z |
Infowars bankruptcy tossed in deal with Sandy Hook parents
VICTORIA, Texas (AP) — A federal judge in Texas on Friday dismissed the bankruptcy protection case of Infowars and two other companies controlled by Alex Jones, the result of an agreement between lawyers for the conspiracy theorist and parents of some of the children slain in the 2012 Sandy Hook Elementary School shooting.
U.S. Bankruptcy Judge Christopher Lopez approved the deal after a brief court hearing. The judge’s action allows the parents’ defamation lawsuits against Jones to continue in Texas and Connecticut, where trials are pending on how much he should pay families after judges in both states found Jones and his companies liable for damages.
The families’ lawsuits say they have been subjected to harassment and death threats from Jones’ followers because of the hoax conspiracy. Jones, based in Austin, Texas, has since said he believes the shooting did occur.
Relatives of eight of the 20 first graders and six educators killed in the massacre and an FBI agent who responded to the school in Newtown, Connecticut, are suing Jones and Free Speech Systems.
Infowars, Prison Planet TV and IW Health consented to dismissing the bankruptcy case last week after the families agreed to drop the three companies from their defamation lawsuits. Those lawsuits will continue against Jones himself and his largest moneymaking company, Free Speech Systems.
The families and the U.S. trustee’s office — a Justice Department agency that oversees bankruptcy cases — had questioned the legitimacy of the three companies’ bankruptcy filing and sought to throw out the case, saying it was only a tactic to delay the lawsuits. Jones’ lawyers denied the allegations.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/10/infowars-bankruptcy-tossed-deal-with-sandy-hook-parents/ | 2022-06-10T17:22:31Z |
PHILADELPHIA, June 14, 2022 /PRNewswire/ -- The Pew Charitable Trusts today announced the 2022 class members of the Pew Latin American Fellows Program in the Biomedical Sciences.
The 10 postdoctoral fellows from five Latin American countries—Chile, Mexico, Argentina, Colombia, and Brazil—will receive two years of funding to conduct research in laboratories across the United States. The fellows will work under the mentorship of prominent biomedical scientists, including alumni of the Pew Scholars Program in the Biomedical Sciences, the Pew-Stewart Scholars Program for Cancer Research, and the Pew Latin American Fellows Program.
"Biomedical research is a global effort requiring an imaginative, diverse community of scientists," said Susan K. Urahn, Pew's president and CEO. "Pew is proud to welcome such an innovative cohort from Latin America, whose work will explore new horizons in health and medicine."
Fellows who choose to return to Latin America to launch their own research labs will receive additional funding from Pew. Approximately 70% of participants have pursued this path, which has helped support a more robust biomedical research community in Latin America.
Scientists in the 2022 class will explore a range of research topics, including how bacteria form resistance to RNA-targeting antibiotics, how certain chemical reactions help babies recognize their mothers, and how changes to DNA maintenance can give rise to acute myeloid leukemia.
"The 2022 class brings together a rich community of young scientists at the top of their fields," said Eva Nogales, Ph.D., distinguished professor in the department of biochemistry, biophysics, and structural biology at the University of California, Berkeley, and chair of the program's national advisory committee. "Through their research in foremost U.S. labs, these fellows will build on the tools needed to lead the next generation of biomedical discovery both in the U.S. and in Latin America."
The 2022 Pew Latin American fellows and their U.S. mentors are:
Anibal Arce, Ph.D.
Laboratory of Julius Lucks, Ph.D.
Northwestern University
Dr. Arce will explore the potential of RNAs called "riboswitches" as targets for a new class of antibiotics.
Noe Baruch Torres, Ph.D.
Laboratory of Y. Whitney Yin, M.D., Ph.D.
University of Texas Medical Branch at Galveston
Dr. Baruch Torres will study the human mitochondrial replisome, a specialized protein complex machinery that cells use to copy the DNA found in their mitochondria.
Hector Cuello, Ph.D.
Laboratory of Ajit Varki, M.D.
University of California, San Diego
Dr. Cuello will investigate the role that a receptor protein called Siglec-XII plays in the progression of cancer.
Mabel Gonzalez, Ph.D.
Laboratory of Lauren O'Connell, Ph.D., 2020 Pew biomedical scholar
Stanford University
Dr. Gonzalez will study the chemical interactions that allow babies to recognize their mothers.
Krystal Maya-Maldonado, Ph.D.
Laboratory of Nichole Broderick, Ph.D.
Johns Hopkins University
Dr. Maya-Maldonado will explore how parents can transmit an "immune memory" of past infections to future generations.
Vinicius Miessler de Andrade Carvalho, Ph.D.
Laboratory of Nirao Shah, Ph.D.
Stanford University
Dr. Andrade Carvalho will dissect the neural circuit that allows sex recognition in animals, information that underscores their subsequent social interactions.
Francisco Saavedra Cantillana, Ph.D.
Laboratory of Thelma Escobar, Ph.D.
University of Washington
Dr. Saavedra Cantillana will study the changes in chromatin landscape that lead to leukemia.
John James Tello Cajiao, Ph.D.
Laboratory of Jorge Henao-Mejia, M.D., Ph.D., 2017 Pew biomedical scholar
University of Pennsylvania
Dr. Tello Cajiao will develop analytical tools for dissecting how the spatial organization of DNA regulates the activity of genes.
Sergio Heli Triana Sierra, Ph.D.
Laboratory of Alex Shalek, Ph.D., 2018 Pew-Stewart scholar, and Pardis Sabeti, M.D., Ph.D.
Massachusetts Institute of Technology
Dr. Triana Sierra will develop tools for studying viral hemorrhagic fevers in areas where these diseases are endemic.
Maritere Urióstegui-Arcos, Ph.D.
Laboratory of Ana Fiszbein, Ph.D., 2017 Pew Latin American fellow
Boston University
Dr. Urióstegui-Arcos will explore how the DNA sequences that control a gene's activity also influence which RNA variants the gene will produce.
The Pew Charitable Trusts is driven by the power of knowledge to solve today's most challenging problems. Learn more at pewtrusts.org.
Erin Davis, 202-540-6677, edavis@pewtrusts.org
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SOURCE The Pew Charitable Trusts | https://www.kxii.com/prnewswire/2022/06/14/pew-supports-10-latin-american-scientists-pursuing-biomedical-research/ | 2022-06-14T14:24:59Z |
BROOKLYN, N.Y., July 29, 2022 /PRNewswire/ -- Science and technology nonprofit First Street Foundation and Compass Inc., today announced a partnership to integrate Risk Factor - property specific, climate risk intelligence - into Compass listings. Risk Factor was designed to improve the agent and client experience by enhancing the understanding of property climate risk for homes across the United States. Compass, the largest residential real estate brokerage in the country, will integrate climate risk analytics as part of the home buying and selling process for both agents and clients.
Using the Compass platform, Compass agents will be able to view property-specific, climate-adjusted data to understand the 30-year risk profile for more than 140 million homes covered by RiskFactor.com The partnership provides Compass agents with valuable information while working with homebuyers and sellers who are interested in better understanding the impact of environmental changes when making long-term purchasing decisions.
"Compass exists to help our agents grow their businesses, serve more clients, and stand out as trusted, professional, advisors in real estate transactions," said Joseph Sirosh, Chief Technology Officer at Compass. "Integrating Risk Factor will give our agents access to insight from the world's leading climate modelers, allowing them to factor-in potential environmental risks when advising their clients. We're excited to be able to provide yet another tool that assists our agents and their clients in navigating the ever-changing housing market."
Compass selected Risk Factor after a thorough market search to find an accurate and intelligent physical climate risk provider in direct response to agent and client requests. The integration will initially include Flood Factor and Fire Factor data for all properties on Compass.com and will be added to with subsequent Risk Factor data launches.
"We applaud Compass for integrating physical climate risk data for both agents and clients" said Matthew Eby, Founder and CEO of First Street Foundation "This integration will engender trust and place Compass at the forefront of the industry as it confronts the challenges of a changing climate."
First Street Foundation is a nonprofit 501(c)(3) research and technology group working to define America's climate risk. The Foundation uses transparent, peer-reviewed methodologies to calculate the past, present, and future climate risk of individual homes and commercial properties across the United States. The Foundation's data addresses an asymmetry of information in the U.S., empowering Americans to protect themselves from increasing climate risk.
Founded in 2012, Compass is the largest residential real estate brokerage in the United States. The technology-enabled brokerage provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.compass.com.
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SOURCE First Street Foundation | https://www.wibw.com/prnewswire/2022/07/29/first-street-foundation-compass-inc-announce-long-term-partnership-empower-compass-agents-clients-with-property-specific-climate-adjusted-risk-information/ | 2022-07-29T04:18:07Z |
WIMBLEDON, England (AP) — The Latest from Wimbledon (all times local):
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4:15 p.m.
Shingo Kunieda of Japan and Gustavo Fernandez of Argentina won the men’s wheelchair doubles title at Wimbledon.
Kunieda and Fernandez beat Alfie Hewett and Gordon Reid of Britain 6-3, 6-1 on No. 3 Court.
Kunieda is considered to be the greatest wheelchair tennis player of all time. He won his third doubles title at Wimbledon, but he is still looking for his first title in singles at the All England Club. He will face Hewett in the singles final.
Kunieda has won 11 singles titles at the Australian Open, eight at the French Open and eight at the U.S. Open. In doubles, he has won eight at the Australian Open, eight at the French Open and two at the U.S. Open.
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3:57 p.m.
Elena Rybakina has won the women’s title at Wimbledon by beating Ons Jabeur 3-6, 6-2, 6-2.
Rybakina is the first player representing Kazakhstan to win a Grand Slam singles title. She was born in Russia but switched nationalities in 2018.
The 17th-seeded Rybakina dropped only two sets in her seven victories at the All England Club.
Rybakina, who turned 23 last month, is the youngest woman to win the Wimbledon title since a 21-year-old Petra Kvitova in 2011.
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3:19 p.m.
Elena Rybakina has won the second set of the women’s final at Wimbledon to even the score against Ons Jabeur at one set apiece.
Rybakina won the set 6-2 on Centre Court. Jabeur won the first set 6-3.
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2:41 p.m.
Ons Jabeur has won the first set of the women’s final at Wimbledon 6-3.
Jabeur is facing Elena Rybakina in the title match on Centre Court.
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2:25 p.m.
American junior player Liv Hovde has won the girls’ singles title at Wimbledon.
Hovde beat Luca Udvardy of Hungary 6-3, 6-4 on No. 1 Court to become only the second American girl to win the title at the All England Club in the last 30 years.
Claire Liu won the title in 2017.
In the girls’ doubles final, Angella Okutoyi of Kenya and Rose Marie Nijkamp of the Netherlands beat Kayla Cross and Victoria Mboko of Canada 3-6, 6-4 (11-9).
In the boys’ doubles final, Sebastian Gorzny and Alex Michelsen of the United States defeated Gabriel Debru and Paul Inchauspe of France 7-6 (5), 6-3.
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2:08 p.m.
The women’s final at Wimbledon between Ons Jabeur and Elena Rybakina has started.
Jabeur is looking to become the first Arab woman and first African woman to win a major tennis title. Rybakina, who was born in Russia but switched nationalities to Kazakhstan in 2018, would become the first Grand Slam champion from her adopted country.
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1:15 p.m.
Diede de Groot has won her seventh straight Grand Slam title in women’s wheelchair singles and her fourth at Wimbledon.
The top-seeded Dutch player beat Yui Kamiji of Japan 6-4, 6-2 on No. 3 Court.
De Groot started her run at the 2021 Australian Open. She won all four major titles last year and has won the first three so far this year.
De Groot also won the singles title at the All England Club in 2017 and 2018. She won doubles titles in 2018 and 2019.
The Dutchwoman has also reached the doubles final this year and will team with Aniek van Koot against Kamiji and Dana Mathewson of the United States.
___
12:55 p.m.
The women’s final at Wimbledon will produce a first-time Grand Slam champion.
Ons Jabeur of Tunisia and Elena Rybakina of Kazakhstan will play on Centre Court for the title.
Jabeur is looking to become the first Arab woman and first African woman to win a major tennis title. Rybakina, who was born in Russia but switched nationalities to Kazakhstan in 2018, would become the first Grand Slam champion from her adopted country.
The men’s doubles final will follow the women’s singles on Centre Court. Matthew Ebden and Max Purcell of Australia will face Nikola Mektic and Mate Pavic of Croatia.
___
More AP Wimbledon coverage: https://apnews.com/hub/wimbledon and https://apnews.com/hub/tennis and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/jabeur-to-face-rybakina-in-womens-final-wimbledon-updates/ | 2022-07-09T16:33:12Z |
DALLAS, July 7, 2022 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast its second quarter 2022 earnings conference call on Tuesday, July 26, at 3:30 p.m. Central time. Rafael Lizardi, senior vice president and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will discuss TI's financial results and answer questions from the investor audience.
You can access the audio webcast on the Investor Relations section of the company's website at www.ti.com/ir. An archived copy of the webcast will be available shortly after the call concludes.
About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It's what we do and have been doing for decades. Learn more at TI.com.
TXN-G
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SOURCE Texas Instruments Incorporated | https://www.kxii.com/prnewswire/2022/07/07/texas-instruments-webcast-q2-2022-earnings-conference-call/ | 2022-07-07T16:56:52Z |
DENVER, May 18, 2022 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that the Company will participate in the 2022 Wolfe Research Global Transportation & Industrials Conference on Wednesday, May 25, 2022. Ivo Jurek, Chief Executive Officer, will present virtually at 12:30 p.m. Eastern time.
To access a webcast of this presentation, please visit the Events & Presentations section of the Gates Investor Relations website at investors.gates.com, and click on the event webcast link.
About Gates Industrial Corporation plc
Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to original equipment ("first-fit") manufacturers as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation. Our products are sold in 128 countries across our four commercial regions: the Americas; Europe, Middle East & Africa; Greater China; and East Asia & India.
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SOURCE Gates Industrial Corporation plc | https://www.kxii.com/prnewswire/2022/05/18/gates-industrial-participate-2022-wolfe-research-global-transportation-amp-industrials-conference/ | 2022-05-18T21:21:20Z |
PITTSBURGH, April 27, 2022 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the first quarter 2022.
First Quarter 2022 Highlights:
- Sales volumes of 492 Bcfe
- Total per unit operating costs of $1.33 per Mcfe
- Capital expenditures of $310 MM or $0.63 per Mcfe
- Net cash provided by operating activities of $1,021 MM; free cash flow(1) of $580 MM
- Achieved investment grade credit ratings from Fitch and S&P
- Repaid $569 MM of 2022 senior notes
- Repurchased 8.5 MM shares for $200 MM; 9.9 MM shares repurchased to date
- Total shareholder returns of $816 MM via debt repayment, share buybacks and dividend
President and CEO Toby Rice stated, "We achieved several significant milestones during the first quarter, including attaining investment grade credit ratings, paying down all of our 2022 senior note maturities, repurchasing a significant amount of shares under our buyback authorization and returning cash to our shareholders through our recently instated base dividend. Given the positive fundamental backdrop for natural gas prices, we are raising the mid-point of our 2022 free cash flow(1) outlook by approximately 50% to $2.35 billion."
Rice continued, "We also unveiled our Unleash U.S. LNG plan, which has been met with resoundingly positive feedback from our stakeholders. Growing U.S. LNG exports is the largest green initiative on the planet, with the ability to lower emissions at a rate equal to the combined impact of every domestic mainstream green solution while providing energy security to the world. EQT is uniquely positioned to play a key role in meeting global energy demand growth as the largest natural gas producer in the U.S. with an investment grade balance sheet, multi-decade inventory and a leading emissions profile. We have made additional progress on our ESG strategy this year and feel confident in our ability to achieve our emissions reduction goals by or before 2025. We will continue to demonstrate stewardship in delivering a sustainable energy source that meets the world's growing energy demands with affordable, reliable and clean natural gas."
First Quarter 2022 Financial and Operational Performance
Sales volume growth reflects the Company's 2021 acquisition of Alta Resources (the Alta Acquisition). Average realized price increased for the three months ended March 31, 2022 compared to the same period in 2021 due to higher NYMEX prices and higher liquids prices, partly offset by lower cash settled derivatives and unfavorable differential.
Capital expenditures were $310 million, or $0.63 per Mcfe for the first quarter of 2022. The Company believes that total capital expenditures on a per Mcfe basis is an important measure of capital efficiency.
In 2022, the Company expects total sales volume of 1,950 - 2,050 Bcfe under a maintenance production program and expects capital expenditures of $1.300 - $1.450 billion, or $0.65 - $0.75 per Mcfe, excluding capital expenditures attributable to noncontrolling interests. During 2022, the Company plans to start phasing in its next generation well design that has been under development for the past year, which, based on initial results as part of its methodical science program, the Company believes has a high probability of further improving well productivity and rates of return across its asset base. Given the time required to develop wells that are part of the Company's large-scale combo-development model and the planned phased deployment of the new well design, the Company expects to have preliminary results of its investment by the end of 2022 and full visibility by late 2023 into early 2024.
Per Unit Operating Costs
The following presents certain of the Company's production-related operating costs on a per unit basis.
Gathering expense decreased on a per Mcfe basis for the three months ended March 31, 2022 compared to the same period in 2021 due primarily to the lower gathering rate structure on the assets acquired in the Alta Acquisition.
SG&A expense increased on a per Mcfe basis for the three months ended March 31, 2022 compared to the same period in 2021 due primarily to higher long-term incentive compensation costs as a result of changes in the fair value of awards due to the increase in the price per share of the Company's common stock and higher litigation expense.
Liquidity
As of March 31, 2022, the Company had $26 million in credit facility borrowings and $425 million of letters of credit outstanding under its $2.5 billion credit facility.
As of March 31, 2022, total debt was $5.1 billion and net debt(1) was $5.0 billion, compared to $5.6 billion and $5.5 billion, respectively, as of December 31, 2021. During the first quarter of 2022, the Company made significant progress towards its deleveraging goals of reducing total debt by at least $1.5 billion by the end of 2023. The Company repaid all of its outstanding 2022 senior notes and reduced total debt and net debt(1) by $0.5 billion compared to December 31, 2021.
2022 GUIDANCE
Based on NYMEX natural gas price of $6.16 per MMbtu as of April 22, 2022.
First Quarter 2022 Earnings Webcast Information
The Company's conference call with securities analysts begins at 10:00 a.m. ET on Thursday April 28, 2022 and will be broadcast live via the Company's web site at www.eqt.com and on the investor information page of the Company's web site at ir.eqt.com, with a replay available for seven days following the call.
HEDGING (as of April 22, 2022)
The following table summarizes the approximate volume and prices of the Company's NYMEX hedge positions. The difference between the fixed price and NYMEX price is included in average differential presented in the Company's price reconciliation.
For 2022 (April 1 through December 31), 2023 and 2024, the Company has natural gas sales agreements for approximately 14 MMDth, 88 MMDth and 11 MMDth, respectively, that include average NYMEX ceiling prices of $3.17, $2.84 and $3.21, respectively.
The Company entered into 455 MMDth per day of NYMEX swaps at a weighted average price of $6.05 that offset existing NYMEX swaps related to the first quarter of 2023 with a weighted average price of $2.53. These positions have been excluded from the table above.
The Company has also entered into transactions to hedge basis. The Company may use other contractual agreements from time to time to implement its commodity hedging strategy.
NON-GAAP DISCLOSURES
Adjusted Net Income Attributable to EQT and Adjusted Earnings per Diluted Share (Adjusted EPS)
Adjusted net income attributable to EQT is defined as net loss attributable to EQT Corporation, excluding gain on sale/exchange of long-lived assets, impairments, the revenue impact of changes in the fair value of derivative instruments prior to settlement and certain other items that impact comparability between periods. Adjusted EPS is defined as adjusted net income attributable to EQT divided by diluted weighted average common shares outstanding. Adjusted net income attributable to EQT and adjusted EPS are non-GAAP supplemental financial measures used by the Company's management to evaluate period-over-period earnings trends. The Company's management believes that these measures provide useful information to external users of the Company's consolidated financial statements, such as industry analysts, lenders and ratings agencies. Management uses adjusted net income attributable to EQT and adjusted EPS to evaluate earnings trends because the measures reflect only the impact of settled derivative contracts; thus, the measures exclude the often-volatile revenue impact of changes in the fair value of derivative instruments prior to settlement. These measures also exclude other items that affect the comparability of results or that are not indicative of trends in the ongoing business. Adjusted net income attributable to EQT and adjusted EPS should not be considered as alternatives to net loss attributable to EQT Corporation or diluted loss per share presented in accordance with GAAP.
The table below reconciles adjusted net income attributable to EQT and adjusted EPS with net loss attributable to EQT Corporation and diluted loss per share, respectively, the most comparable financial measures calculated in accordance with GAAP, each as derived from the Statements of Condensed Consolidated Operations to be included in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022.
Adjusted EBITDA
Adjusted EBITDA is defined as net loss, excluding interest expense, income tax benefit, depreciation and depletion, gain on sale/exchange of long-lived assets, impairments, the revenue impact of changes in the fair value of derivative instruments prior to settlement and certain other items that impact comparability between periods. Adjusted EBITDA is a non-GAAP supplemental financial measure used by the Company's management to evaluate period-over-period earnings trends. The Company's management believes that this measure provides useful information to external users of the Company's consolidated financial statements, such as industry analysts, lenders and ratings agencies. Management uses adjusted EBITDA to evaluate earnings trends because the measure reflects only the impact of settled derivative contracts; thus, the measure excludes the often-volatile revenue impact of changes in the fair value of derivative instruments prior to settlement. The measure also excludes other items that affect the comparability of results or that are not indicative of trends in the ongoing business. Adjusted EBITDA should not be considered as an alternative to net loss presented in accordance with GAAP.
The table below reconciles adjusted EBITDA with net loss, the most comparable financial measure as calculated in accordance with GAAP, as reported in the Statements of Condensed Consolidated Operations to be included in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022.
The Company has not provided projected net income (loss) or a reconciliation of projected adjusted EBITDA to projected net income (loss), the most comparable financial measure calculated in accordance with GAAP. Net income (loss) includes the impact of depreciation and depletion expense, income tax (benefit) expense, the revenue impact of changes in the projected fair value of derivative instruments prior to settlement and certain other items that impact comparability between periods and the tax effect of such items, which may be significant and difficult to project with a reasonable degree of accuracy. Therefore, projected net income (loss), and a reconciliation of projected adjusted EBITDA to projected net income (loss), are not available without unreasonable effort.
Adjusted Operating Cash Flow and Free Cash Flow
Adjusted operating cash flow is defined as net cash provided by operating activities less changes in other assets and liabilities. Free cash flow is defined as adjusted operating cash flow less accrual-based capital expenditures, excluding capital expenditures attributable to noncontrolling interests. Adjusted operating cash flow and free cash flow are non-GAAP supplemental financial measures used by the Company's management to assess liquidity, including the Company's ability to generate cash flow in excess of its capital requirements and return cash to shareholders. The Company's management believes that these measures provide useful information to external users of the Company's consolidated financial statements, such as industry analysts, lenders and ratings agencies. Adjusted operating cash flow and free cash flow should not be considered as alternatives to net cash provided by operating activities or any other measure of liquidity presented in accordance with GAAP.
The table below reconciles adjusted operating cash flow and free cash flow with net cash provided by operating activities, the most comparable financial measure calculated in accordance with GAAP, as derived from the Statements of Condensed Consolidated Cash Flows to be included in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022.
The Company has not provided projected net cash provided by operating activities or reconciliations of projected adjusted operating cash flow and free cash flow to projected net cash provided by operating activities, the most comparable financial measure calculated in accordance with GAAP. The Company is unable to project net cash provided by operating activities for any future period because this metric includes the impact of changes in operating assets and liabilities related to the timing of cash receipts and disbursements that may not relate to the period in which the operating activities occurred. The Company is unable to project these timing differences with any reasonable degree of accuracy without unreasonable efforts such as predicting the timing of its payments and its customers' payments, with accuracy to a specific day, months in advance. Furthermore, the Company does not provide guidance with respect to its average realized price, among other items, that impact reconciling items between net cash provided by operating activities and adjusted operating cash flow and free cash flow, as applicable. Natural gas prices are volatile and out of the Company's control, and the timing of transactions and the income tax effects of future transactions and other items are difficult to accurately predict. Therefore, the Company is unable to provide projected net cash provided by operating activities, or the related reconciliations of projected adjusted operating cash flow and free cash flow to projected net cash provided by operating activities, without unreasonable effort.
Adjusted EBITDA to Free Cash Flow Reconciliation
The table below reconciles adjusted EBITDA to free cash flow.
Adjusted Operating Revenues
Adjusted operating revenues is defined as total operating revenues, less the revenue impact of changes in the fair value of derivative instruments prior to settlement and net marketing services and other revenues. Adjusted operating revenues (also referred to as total natural gas and liquids sales, including cash settled derivatives) is a non-GAAP supplemental financial measure used by the Company's management to evaluate period-over-period earnings trends. The Company's management believes that this measure provides useful information to external users of the Company's consolidated financial statements, such as industry analysts, lenders and ratings agencies. Management uses adjusted operating revenues to evaluate earnings trends because the measure reflects only the impact of settled derivative contracts; thus, the measure excludes the often-volatile revenue impact of changes in the fair value of derivative instruments prior to settlement. The measure also excludes net marketing services and other revenues because it is unrelated to the revenue for the Company's natural gas and liquids production. Adjusted operating revenues should not be considered as an alternative to total operating revenues presented in accordance with GAAP.
The table below reconciles adjusted operating revenues to total operating revenues, the most comparable financial measure calculated in accordance with GAAP, as reported in the Statements of Condensed Consolidated Operations to be included in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022.
Net Debt
Net debt is defined as total debt less cash and cash equivalents. Total debt includes the Company's current portion of debt, credit facility borrowings, senior notes and note payable to EQM Midstream Partners, LP. Net debt is a non-GAAP supplemental financial measure used by the Company's management to evaluate leverage since the Company could choose to use its cash and cash equivalents to retire debt. The Company's management believes that this measure provides useful information to external users of the Company's consolidated financial statements, such as industry analysts, lenders and ratings agencies. Net debt should not be considered as an alternative to total debt presented in accordance with GAAP.
The table below reconciles net debt with total debt, the most comparable financial measure calculated in accordance with GAAP, as derived from the Statements of Condensed Consolidated Balance Sheets to be included in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022.
Investor Contact:
Cameron Horwitz
Managing Director, Investor Relations & Strategy
412.395.2555
cameron.horwitz@eqt.com
About EQT Corporation
EQT Corporation is a leading independent natural gas production company with operations focused in the cores of the Marcellus and Utica Shales in the Appalachian Basin. We are dedicated to responsibly developing our world-class asset base and being the operator of choice for our stakeholders. By leveraging a culture that prioritizes operational efficiency, technology and sustainability, we seek to continuously improve the way we produce environmentally responsible, reliable and low-cost energy. We have a longstanding commitment to the safety of our employees, contractors, and communities, and to the reduction of our overall environmental footprint. Our values are evident in the way we operate and in how we interact each day – trust, teamwork, heart, and evolution are at the center of all we do.
EQT Management speaks to investors from time to time and the analyst presentation for these discussions, which is updated periodically, is available via EQT's investor relations website at https://ir.eqt.com.
Cautionary Statements
This news release contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Statements that do not relate strictly to historical or current facts are forward-looking. Without limiting the generality of the foregoing, forward-looking statements contained in this news release specifically include the expectations of plans, strategies, objectives and growth and anticipated financial and operational performance of EQT Corporation and its subsidiaries (collectively, the Company), including guidance regarding the Company's strategy to develop its reserves; drilling plans and programs (including the number and type of drilling rigs and the number of frac crews to be utilized by the Company); projected natural gas prices, basis and average differential; the impact of commodity prices on the Company's business; total resource potential; projected production and sales volume and growth rates; projected well costs and unit costs; the timing of implementation of the Company's new well design and the projected benefits thereof; the Company's ability to successfully implement and execute its operational, organizational, technological and environmental, social and governance (ESG) initiatives, including the projected timing of achieving its emissions reduction goals, and the Company's ability to achieve the anticipated results of such initiatives; the amount and timing of any redemptions, repayments or repurchases of the Company's common stock, outstanding debt securities or other debt instruments; the Company's ability to reduce its debt and the timing of such reductions, if any; projected dividends, if any; projected free cash flow, adjusted operating cash flow, and adjusted EBITDA; liquidity and financing requirements, including funding sources and availability; the Company's ability to maintain or improve its credit ratings, leverage levels and financial profile, and the timing of achieving such improvements, if at all; the Company's hedging strategy and projected margin posting obligations; the Company's tax position and projected effective tax rate; and the expected impact of changes in laws.
The forward-looking statements included in this news release involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The Company has based these forward-looking statements on current expectations and assumptions about future events, taking into account all information currently known by the Company. While the Company considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks and uncertainties, many of which are difficult to predict and beyond the Company's control. These risks and uncertainties include, but are not limited to, volatility of commodity prices; the costs and results of drilling and operations; uncertainties about estimates of reserves, identification of drilling locations and the ability to add proved reserves in the future; the assumptions underlying production forecasts; the quality of technical data; the Company's ability to appropriately allocate capital and resources among its strategic opportunities; access to and cost of capital; the Company's hedging and other financial contracts; inherent hazards and risks normally incidental to drilling for, producing, transporting and storing natural gas, natural gas liquids (NGLs) and oil; cyber security risks; availability and cost of drilling rigs, completion services, equipment, supplies, personnel, oilfield services and water required to execute the Company's exploration and development plans, including as a result of the COVID-19 pandemic; risks associated with operating primarily in the Appalachian Basin and obtaining a substantial amount of the Company's midstream services from Equitrans Midstream Corporation; the ability to obtain environmental and other permits and the timing thereof; government regulation or action, including regulations pertaining to methane and other greenhouse gas emissions; negative public perception of the fossil fuels industry; increased consumer demand for alternatives to natural gas; environmental and weather risks, including the possible impacts of climate change; and disruptions to the Company's business due to acquisitions and other significant transactions. These and other risks are described under Item 1A, "Risk Factors," and elsewhere in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and other documents the Company files from time to time with the Securities and Exchange Commission. In addition, the Company may be subject to currently unforeseen risks that may have a materially adverse impact on it.
Any forward-looking statement speaks only as of the date on which such statement is made, and the Company does not intend to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
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SOURCE EQT Corporation (EQT-IR) | https://www.kxii.com/prnewswire/2022/04/27/eqt-reports-first-quarter-2022-results/ | 2022-04-27T23:20:01Z |
BURLINGTON, Vt., June 2, 2022 /PRNewswire/ -- There has been a spate of hateful, anti-trans legislation being pushed in states across the nation. Right now, over 20 states have active legislation that seeks to marginalize the LGBTQ+ community in various ways. Two particular states have made actual progress on passing such legislation: Texas and Florida.
In Texas Attorney General Ken Paxton declared that gender-affirming medical care for transgender youth should be classified as child abuse. Governor Abott directed the Texas Department of Family and Protective Services to investigate families that are lovingly supporting and seeking care for their trans children—turning a state agency that's supposed to protect children into a body actively promoting their harm. This is criminalizing parents who are creating a safe and loving home for trans children. The other 18 states are pushing similar malicious legislation.
In Florida, Governor DeSantis' passed the so called "Don't Say Gay" legislation which effectively erases any discussion of LGBTQ+ related topics from the classroom, further marginalizing trans-youth. Florida didn't stop there. The state legislature also recently passed the "Stop WOKE Act" (HB 7/SB 148) which would limit protected speech in workplaces with more than 15 employees and in classrooms by essentially making it impossible to have an honest dialogue about gender.
As part of Ben & Jerry's ongoing body of work around advancing justice for those in the LGBTQ+ community, we are collaborating with our long-time partner, the National Center for Transgender Equality, who have asked for businesses to stand up loudly in clearly in support of the trans community.
The week of May 23rd, we will erect billboards in the capital cities of four of the states near the respective state houses that are most aggressively pushing these egregious bills: Texas, Florida, Georgia, and Virginia. These communications will focus on pushing our fans to support the Equality Act, a piece of federal legalization that aims to provide consistent and explicit anti-discrimination protections for LGBTQ+ people across key areas of life, including employment, housing, credit, education, public spaces and services, federally funded programs, and jury service. Learn more about it here: https://www.hrc.org/resources/equality
"We are working to raise awareness around these regressive policies that are meant to disempower the LGBTQ+ community across our country," said Matthew McCarty, Ben & Jerry's CEO. "We will strive to use our corporate voice to share that Trans rights ARE human rights."
To learn more about the campaign, or Ben & Jerry's mission, and values, click here.
About Ben & Jerry's
Ben & Jerry's is an aspiring social justice company that believes in a greater calling than simply making and selling the world's best ice cream. The company produces a wide variety of super-premium ice cream and Non-Dairy/vegan desserts using high-quality ingredients and lots of big chunks and swirls. As a certified B Corp, Ben & Jerry's incorporates its vision of Linked Prosperity into its business practices via values-led sourcing initiatives when purchasing ingredients. Ben & Jerry's is distributed in over 35 countries in supermarkets, grocery stores, convenience stores, franchised Scoop Shops, and via on-demand delivery services. Ben & Jerry's, a Vermont corporation and wholly owned subsidiary of Unilever, operates its business on a three-part Mission Statement emphasizing product quality, a fair financial return, and addressing issues of social, racial, and environmental injustice around the globe. The Ben & Jerry's Foundation, guided by Ben & Jerry's employees, granted $3.7MM in 2021 to support progressive, justice-focused grassroots organizing around the country. For up-to-date information visit benjerry.com.
The Latest Attacks on the Trans Community
Today, on the International Day Against Homophobia, Transphobia and Biphobia, we wanted to provide an update regarding the latest attacks on the trans community, and a bit of context on what Ben & Jerry's is doing about it.
As folks are likely aware, there has been a spate of hateful, anti-trans legislation being pushed in states across the nation. Right now, over 20 states have active legislation that seeks to marginalize the LGBTQ+ community in various ways. Two particular states have made actual progress on passing such legislation: Texas and Florida.
In Texas - where their Attorney General Ken Paxton declared that gender-affirming medical care for transgender youth should be classified as child abuse - Governor Abott directed the Texas Department of Family and Protective Services to investigate families that are lovingly supporting and seeking care for their trans children—turning a state agency that's supposed to protect children into a body actively promoting their harm. This is criminalizing parents who are creating a safe and loving home for trans children.
In Florida, Governor DeSantis' passed the so called "Don't Say Gay" legislation which effectively erases any discussion of LGBTQ+ related topics from the classroom, further marginalizing trans-youth. Florida didn't stop there. The state legislature also recently passed the "Stop WOKE Act" (HB 7/SB 148) which would limit protected speech in workplaces with more than 15 employees and in classrooms by essentially making it impossible to have an honest dialogue about gender (and also includes topics of race and racism).
The other 18 states are pushing similar malicious legislation. It also is worth mentioning that while our home state isn't pushing these types of policies at the legislative level, we've been dealing with our own spell of concerning activity including the murder of a trans woman in Morristown, vandalism of the Pride Center in Burlington, and continued hateful messages and actions of local GOP legislators.
So what are we doing about it? As part of our ongoing body of work around advancing justice for those in the LGBTQ+ community, we are collaborating with our long-time partner, the National Center for Transgender Equality (NCTE), who have asked for businesses to stand up loudly in clearly in support of the trans community.
On May 23rd, we will have billboards in the capital cities - near to the state houses - of four of the states most aggressively pushing these egregious bills: Texas, Florida, Georgia, and Virginia. The billboards will all be variations on the above example.
Locally, we will compliment the Pride Group's amazing support of the Pride Center with a full page ad in the Seven Days reminding Vermonters that while our state may not be pushing regressive legislation, we must not ignore the fact that the similar vile rhetoric we're seeing in many southern states is beginning to find a home in Vermont politics. We must continue to stand with our friends and neighbors on this critical issue.
This effort will be accompanied by social media and press outreach that week in an attempt to amplify the story and drive further awareness about this issue. All of these communications will focus on pushing our fans to support the Equality Act, a piece of federal legalization that aims to provide consistent and explicit anti-discrimination protections for LGBTQ+ people across key areas of life, including employment, housing, credit, education, public spaces and services, federally funded programs, and jury service. Learn more about it here: https://www.hrc.org/resources/equality
If you have any questions, please reach out.
Thanks,
Jay Tandan
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SOURCE Ben & Jerry's | https://www.mysuncoast.com/prnewswire/2022/06/02/ben-amp-jerrys-uses-national-campaign-support-trans-youth-highlight-equality-act/ | 2022-06-02T15:51:21Z |
Meadows says 1/6 panel has sought to publicly ‘vilify’ him
WASHINGTON (AP) — Former Trump White House chief of staff Mark Meadows accused the congressional committee investigating last year’s attack on the U.S. Capitol of leaking all of the text messages he provided to the panel in what he says was an effort to vilify him publicly.
The argument was made in a filing Friday in Washington’s federal court, where Meadows sued in December to invalidate subpoenas issued to him for his testimony and to Verizon for his cell phone records.
In the latest filing, lawyers for Meadows asked a judge to reject the committee’s request for an expedited ruling in its favor that would force Meadows to comply with the subpoenas. The committee requested an expedited briefing schedule Wednesday after filing its motion the previous week.
The lawyers say Meadows deserves a chance through the fact-gathering process known as discovery to take depositions and gather other information relevant to questions that are in dispute, such as the committee’s claims that former President Donald Trump did not actually invoke executive privilege over the items subpoenaed by the panel.
The House voted in December to hold Meadows in criminal contempt after he ceased cooperating, referring the matter to the Justice Department, which has not said whether it will take action.
His motion also accuses the committee of waging a “sustained media campaign” against Meadows. Though it does not provide evidence, it says the committee has leaked all of the text messages Meadows has produced to the committee.
“The Congressional Defendants, under the auspices of a legitimate subpoena, induced Mr. Meadows to produce thousands of his private communications only to use them in a concerted and ongoing effort to vilify him publicly through the media,” Meadows’ attorney, George Terwilliger, wrote in the motion.
Court filings by the committee have shown how Meadows was in regular contact before Jan. 6, 2021, with Republican allies who advanced false claims of election fraud and supported overturning the results of the race won by President Joe Biden. A filing a week ago cited testimony from a White House aide who said Meadows had been advised beforehand that there could be violence on Jan. 6.
The committee declined through a spokesperson to comment Saturday about Meadows’ accusations against the panel.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/30/meadows-says-16-panel-has-sought-publicly-vilify-him/ | 2022-04-30T18:23:30Z |
The diligence platform especially designed with industry feedback provides essential information, methodology and support documents needed for vendor diligence
NEW YORK, July 14, 2022 /PRNewswire/ -- S&P Global Market Intelligence has announced the launch of PVR Source, a new diligence platform, aimed at helping clients manage the regulatory requirements mandated by the new SEC Rule 2a–5. The PVR Source, a pricing, valuations and reference data platform, hosts methodology documents, back testing reports, aggregated challenge statistics, due diligence documentation, and other relevant information from across fixed income and derivatives valuations. The new rule aiming to create a framework for determining fair value of investments and mandating board oversight, will go into effect on September 8, 2022.
Krishna Shetty, Executive Director at S&P Global Market Intelligence, said: "With the new SEC Rule coming into effect, clients want a detailed understanding of processes and methodologies used by vendors for fair value pricing. As part of their review, additional transparency from pricing vendors is crucial. PVR Source provides all the essential information needed for detailed vendor diligence. As part of our high-touch customer service, we have helped our clients with pricing vendor due diligence questionnaires, deep dives, and board meetings. We will continue to provide these high touch services to help PVR Source clients comply with SEC 2a-5 or with other new regulations."
The online platform provides easily digestible information that addresses the five main parts of the rule, namely, transparency into methodology and any changes, back testing to support pricing quality, challenge reporting, due diligence documentation and conflicts of interest.
S&P Global Market Intelligence's PVR Source, specifically designed with feedback from the largest buyside firms and fund administrators, provides all information related to pricing vendor diligence, including, methodology documentation, due diligence presentations and videos, challenge statistics, back-testing studies and support documents that can be readily presented to the board, regulators, and auditors. Clients can review and analyze information provided to better understand the methodologies and processes used to produce the pricing, and quickly identify where enhancements are being made to methodologies for future pricing. It also offers access to S&P Global's Rule 2a-5 related thought leadership, and a mechanism to request additional information such as back-testing studies on a unique portfolio or additional transparency metrics.
Click on the link to access PVR Source: PVR Source
About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. We integrate financial and industry data, research and news into tools that help track performance, generate alpha, identify investment ideas, perform valuations and assess credit risk. Investment professionals, government agencies, corporations and universities around the world use this essential intelligence to make business and financial decisions with conviction.
S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI), the world's foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering ESG solutions, deep data and insights on critical business factors. S&P Global has been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years. For more information, visit www.spglobal.com/marketintelligence.
Media Contact:
Sabrina Mayeen
S&P Global | Market Intelligence
+44 (0)20 7176 0495
Sabrina.Mayeen@spglobal.com
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SOURCE S&P Global | https://www.mysuncoast.com/prnewswire/2022/07/14/sampp-global-market-intelligence-launches-pvr-source-help-clients-comply-with-new-sec-rule-2a-5/ | 2022-07-14T13:47:59Z |
IRVING, Texas (KDAF) — Save yourself the airfare to a romantic getaway – we’ve got a little piece of Venice right here in the Metroplex. On Lake Carolyn in Irving, Gondola Adventures has been offering the public rides on their several boats.
Gondola Greg and his team row passengers through the lake’s canal system, boasting beautiful views, scenic tunnels, waterfalls and more.
Gondola Adventures offers a variety of cruises including breakfast, dessert, pizza cruises and more. Learn how to book your reservation here. | https://cw33.com/news/save-the-airfare-to-venice-we-have-gondola-rides-right-here-in-the-dfw-metroplex/ | 2022-07-25T23:23:03Z |
The global music streaming service launches a 360° marketing campaign in key markets, highlighting how music can elevate moods and perceptions.
PARIS, Aug. 23, 2022 /PRNewswire/ -- Deezer (DEEZR), is repositioning its brand to attract younger users. As a first step, a new marketing campaign launched on August 22 in France, Germany and Brazil. Award-winning French agency Buzzman was chosen as the main partner for the campaign, and the wider brand development.
With engaging visuals from photographer Lou Escobar, Deezer presents a number of intriguing scenarios that at first glance might not tell the full story. After scanning a QR code on the image, a song will be played which will either elevate or change the perception of the scenario. The artists range from icons such as Edith Piaf, global superstars like Dua Lipa, and local heroes such as Heuss L'enfoiré, Jul, Die Prinzen and Vitor Kley.
"A song has the power to change how you view the world around you. As the home of music, Deezer is the best partner to set the mood in any situation of our users' lives," said Elsa Batigne, VP Brand Marketing, Deezer. "Working with Buzzman, we have created a disruptive, and engaging campaign, where music makes images come to life. We can't wait for our users to interact and play with the concept, and use the power of music to create their own content."
The campaign will show imagery in multiple outdoor formats, including 8 M2 billboards, as well as digital activations, social media, and TV across France, Germany and Brazil. Additionally, Deezer is creating a TikTok challenge where people will enhance or change a situation with the power of music.
ABOUT DEEZER
Deezer is one of the largest independent music streaming platforms in the world, with more than 90 million tracks available in 180 countries, providing access to lossless HiFi audio, innovative recommendation technology and industry defining features. As the home of music, Deezer brings artists and fans together on a scalable and global platform, to unlock the full potential of music through technology. Founded in 2007 in Paris, Deezer is now a global company with a team of over 600 people based in France, Germany, UK, Brazil and the US, all brought together by their passion for music, technology and innovation. Deezer is listed on the Professional Segment of Euronext Paris (Ticker: DEEZR. ISIN: FR001400AYG6) and is also part of the newly-created Euronext Tech Leaders segment, dedicated to European high-growth tech companies, and its associated index.
For the latest news on Deezer go to https://www.deezer-blog.com/press/. Like us on Facebook, and follow us on Twitter, LinkedIn and Instagram for realtime information.
ABOUT BUZZMAN
Buzzman, voted "Best International Small Agency of the Year award" in 2011 by Ad Age and "Agency of the year" at the Cristal Festival in 2013 and 2016, "Agency of the year" at the Effie Awards France 2016 and 2021, "Most Creative Agency" in 2016, "New Model of Creative Agency" (elected by advertisers) in 2017, "Advertising Agency of the Decade" in 2020 at the Agencies of the year Award and "Most French Creative Agency" in 2019 by BVA Limelight consulting, is an advertising agency creating innovative concepts that go beyond traditional advertising. Winning for several consecutive years at international well-known festivals (D&AD, Cannes Lions, Eurobest, EFFIE, Clio Awards…) as well as nationals, Buzzman is recognized as one of the most creative agencies in Europe.
Contact Investor Relations
investors@deezer.com
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Logo - https://mma.prnewswire.com/media/1853552/Deezer_Logo.jpg
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SOURCE Deezer | https://www.kxii.com/prnewswire/2022/08/23/deezer-defines-power-music-engaging-campaign-attract-gen-z/ | 2022-08-23T18:15:34Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) (the "Fund") has announced a distribution declaration of $0.10 per share of common stock. The distribution announced today is payable on September 30, 2022, has a record date of September 15, 2022 and has an ex-date of September 14, 2022.
Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.10 per share of common stock, unless further action is taken to determine another amount. The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, availability of capital gains, and the level of other Fund fees and expenses. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist of only net investment income.
Due to an effort to maintain a stable distribution amount, the distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2022 will be made after the end of the year.
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman's diverse team has over 2,500 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $418 billion in client assets as of June 30, 2022. For more information, please visit our website at www.nb.com.
Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman | https://www.mysuncoast.com/prnewswire/2022/08/31/neuberger-berman-next-generation-connectivity-fund-announces-monthly-distribution/ | 2022-09-01T01:28:52Z |
VANCOUVER, BC, July 28, 2022 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce drill assays from 2021 confirm discovery of a uranium mineralized zone below the known Arrow Deposit and at Camp East:
- Below Arrow – multiple intersections of uranium mineralization were made significantly below Arrow, including 0.10% U3O8 over 7.0 m in AR-21-268 from 1128 m to 1135 m down hole;
- Camp East – uranium concentration of 0.10% U3O8 in RK-21-140 from 166 m to 167 m down hole in association with brittle structure and hydrothermal alteration.
Further, NexGen has commenced 2022 drilling focused on regional exploration targets at the 100% owned Rook I project (the "Project"); and an extensive geophysical program over high priority areas of NexGen's mineral tenure in the southwest Athabasca Basin, Saskatchewan.
Leigh Curyer, Chief Executive Officer, commented: "The intersection of mineralization below the known Arrow Deposit and along trend at Camp East highlights the extent and potential for additional significant discoveries at Rook I. The geology team led by Grant Greenwood are well positioned for the 2022 drilling season which incorporates an extensive regional geophysical survey as a foundation for drilling in 2023 and beyond."
Grant Greenwood, Vice President, Exploration, commented: "The 2021 exploration drilling successfully intersected uranium mineralization. In addition to mineralization, these encouraging 2021 exploration results share alteration and structural similarities to those intersected in the discovery hole at Arrow (AR-14-01 or RK-14-21). NexGen is poised to advance high priority targets on the Rook I property in a systematic fashion from Arrow proximal outwards. The geophysical survey plans are strategic initiatives in developing highly prospective conductors in greenfield areas of the well situated NexGen mineral tenure in the emerging southwest Athabasca Basin uranium district."
The Rook I project – home to the Arrow Deposit – hosts numerous, underexplored electromagnetic conductors (conductors) and structural corridors. While development of the Arrow Deposit is progressing optimally, NexGen's 2022 exploration program will focus on these underexplored targets towards making additional material discoveries. The program will target high priority areas (Figure 1) and build off the positive 2021 drilling results that intersected brittle structural disturbance and hydrothermal alteration on multiple conductors.
This drill program – testing six (6) conductive trends – is designed to evaluate prospective targets systematically with aggressive step-outs along high priority conductors.
Drilling targets areas (from West to East):
- Patterson Corridor (PLC) – Systematic testing along trend of Arrow, as well as at Camp East where 2021 drilling intersected anomalous radioactivity. This fertile trend has a strike length of approximately 9 km on the Rook I property and remains highly prospective for further investigation.
- Mirror – Testing location with conductive response variation along the edge of a gravity low. The Mirror conductor is parallel immediately to the east of the Arrow conductor and of high priority.
- PLC East – Tests of segmented conductive responses on edges of gravity lows. PLC East is located proximal to the Arrow conductor with similar geometry.
- Derkson West – Follow-up of positive results from 2021 by testing along strike in both directions. Similar geometry to the PLC with a northeast-southwest trending conductor along magnetic gradient, coincident with local gravity lows.
- Derkson – Systematic drilling along prospective conductors in gravity lows. This high priority portion of the Derkson corridor for testing in 2022 contains discrete and strong conductive responses with interpreted structural disruptions.
- Derkson East – Targeting significant flexure of an underexplored conductor within a gravity low interpreted as localized structural disruption.
All target areas exhibit similar geophysical characteristics to Arrow, including strong conductive signatures with numerous off-sets coincident with discrete gravity lows and steep magnetic gradients. Structural interpretations across the property indicate several conductors lie along significant rheological/lithological contrasts interpreted to possess structural conditions favourable for localized uranium mineralization. Additionally, analysis of previous drilling has also revealed several target areas containing prospective alteration and geochemical signatures indicative of uranium bearing systems. The 2022 summer program incorporates 3 rigs for 12,000 meters in total.
These prospective signatures are present within the 2021 Exploration drilling results, in which 18 holes were completed for a total of 10,849.04 m (Figure 2). The program tested prospective electromagnetic conductors near Arrow with 6,400.31 m and a further 4,448.73 m tested significantly below the current outline of the Arrow Deposit resource (Figure 3). Brittle structural disturbance and hydrothermal alteration were intersected in all targeted areas, including anomalous uranium concentration below Arrow in drill hole AR-21-266 and -268, and at Camp East in drill hole RK-21-140 (see assay results in Table 1).
Covering prospective conductive trends on NexGen's SW1, SW2, and SW3 properties in the southwest Athabasca Basin (Figure 4), this extensive geophysical program is designed to gain further resolution on conductors and identify stacked geophysical anomalies for greenfields exploration drilling.
SW1 (Figure 5) – Ground electromagnetic survey along approximately 9 km conductor to further refine prospective targets for follow-up drilling.
Continuity of the conductor suggests a well-developed structural trend with several breaks and jogs. The ground electromagnetic survey is designed to focus high-resolution geophysical data over these prospective features of the SW1 property and highlight specific areas for follow-up drilling.
SW2 (Figure 6) – Ground gravity survey to generate and prioritize targets by identifying stacked anomalies.
Through historic magnetic and electromagnetic surveys, the SW2 property is highlighted by numerous broad prospective trends. The addition of a ground gravity survey in the central portion of the property is planned for focussing exploration attention to specific locations along these trends where geophysical anomalies align for follow-up drilling.
SW3 (Figure 7) – Ground IP/Resistivity survey to generate and prioritize targets along approximately 6 km of prospective conductor that straddles the Athabasca Basin boundary, south of Cameco's Centennial Deposit.
This ground IP/resistivity is designed to provide resolution over this ideally situated conductor at the edge of the Athabasca Basin to optimize future drilling and advance the SW3 property towards discovery.
Table 1: 2021 Exploration Assay Results (Cutoff of 0.01% U3O8)
NexGen is a British Columbia corporation focused on the development of the Rook I Project located in the southwestern Athabasca Basin, Saskatchewan, Canada, into production. The Rook I Project is supported by a NI 43-101 compliant Feasibility Study which outlines elite environmental performance as well as industry leading economics. Rook I hosts the Arrow Deposit that hosts Measured Mineral Resources of 209.6 M lbs of U3O8 contained in 2.18 M tonnes grading 4.35% U3O8, Indicated Mineral Resources of 47.1 M lbs of U3O8 contained in 1.57 M tonnes grading 1.36% U3O8, and Inferred Mineral Resources of 80.7 M lbs of U3O8 contained in 4.40 M tonnes grading 0.83% U3O8.
NexGen has a highly experienced team of uranium industry professionals with a successful track record in the discovery of uranium deposits and in developing projects through discovery to production. The Company is the recipient of the 2018 PDAC Bill Dennis Award for Canadian mineral discovery and the 2019 PDAC Environmental and Social Responsibility Award.
All technical information in this news release has been reviewed and approved by Jason Craven , P.Geo, NexGen's Manager, Exploration, a qualified person under National Instrument 43-101.
A technical report in respect of the FS is filed on SEDAR ( www.sedar.com ) and EDGAR (www.sec.gov/edgar.shtml ) and is available for review on NexGen Energy's website (www.nexgenenergy.ca ).
Cautionary Note to U.S. Investors
This news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the Securities and Exchange Commission ("SEC") set by the SEC's rules that are applicable to domestic United States reporting companies. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.
The information contained herein contains "forward-looking statements" within the meaning of applicable United States securities laws and regulations and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Statements relating to "mineral resources" are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.
Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property , the results of planned exploration activities are as anticipated, the price and market supply of uranium, the cost of planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct NexGen's planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward looking information or making forward looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate in the future.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of NexGen to differ materially from any projections of results, performances and achievements of NexGen expressed or implied by such forward-looking information or statements, including, among others, the existence of negative operating cash flow and dependence on third party financing, uncertainty of the availability of additional financing, the risk that pending assay results will not confirm previously announced preliminary results, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen's Annual Information Form dated February 25, 2022 filed with the securities commissions of all of the provinces of Canada except Quebec and in NexGen's 40-F filed with the United States Securities and Exchange Commission, which are available on SEDAR at www.sedar.com and Edgar at www.sec.gov .
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or statements or implied by forward-looking information or statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned not to place undue reliance on forward-looking information or statements due to the inherent uncertainty thereof.
There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.
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SOURCE NexGen Energy Ltd. | https://www.wibw.com/prnewswire/2022/07/28/nexgen-2021-drilling-assay-results-confirm-uranium-mineralization-below-arrow-depth-commencement-2022-regional-exploration-program/ | 2022-07-28T11:33:46Z |
GM recalls nearly 682,000 SUVs; windshield wipers can fail
Published: Apr. 1, 2022 at 8:04 AM EDT|Updated: 1 hours ago
DETROIT (AP) — General Motors is recalling nearly 682,000 small SUVs because the windshield wipers can fail.
The recall covers the Chevrolet Equinox and GMC Terrain from the 2014 and 2015 model years.
Ball joints in the wiper module can rust, causing one or both wipers to fail, increasing the risk of a crash.
Dealers will inspect the module and repair or replace it. Owners will be notified by letter starting May 2.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/01/gm-recalls-nearly-682000-suvs-windshield-wipers-can-fail/ | 2022-04-01T13:51:49Z |
Employed Baby Boomers much less likely to search for a new job, and also cite age as a potential barrier to finding new work
ALEXANDRIA, Va., July 20, 2022 /PRNewswire/ -- Nearly six in 10 U.S. workers are concerned their paycheck is not enough to support themselves or their families as employees look to keep up with the rise of inflation, according to the latest American Staffing Association Workforce Monitor® online survey.
When asked, 58% of employed U.S. adults expressed concern that their paycheck is not enough to support themselves or their families. This number was even higher for Hispanic workers (69%) and for parents with children under 18 (66%).
As the cost of living increases, workers are looking to change their circumstances. Twenty-eight percent of employed U.S. adults plan to search for a new job in the next six months, while 27% plan to start a second job to supplement their income and 20% plan to ask for a raise from their current employer. Twenty-one percent of employed Americans say they would use a staffing agency if they wanted a new job, including 26% of employed millennials.
Searching for new work in response to inflation skews to younger generations—40% of employed Millennials and 36% of Gen Z plan to look for higher-earning jobs in the next six months. Meanwhile, only 13% of employed Baby Boomers plan to look for a new job in response to increased living costs, and only 8% plan to ask for a raise. Age is a perceived barrier for Baby Boomers, as 46% of employed Baby Boomers say age is a factor that could prevent them from getting a new job if they wanted one.
"Workers are concerned about the effects of inflation, and they're planning on taking action," said Richard Wahlquist, ASA president and chief executive officer. "Employers need to provide competitive compensation and work flexibility, and invest in employees' professional development, if they want to keep and recruit quality talent in this labor market."
This survey was conducted online within the U.S. by The Harris Poll on behalf of ASA June 2–6, 2022, among a total of 2,027 U.S. adults age 18 and older of whom 1,165 were employed. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data are accurate to within + 2.8 percentage points using a 95% confidence level. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact Megan Sweeney at 703-253-1151.
The American Staffing Association is the voice of the U.S. staffing, recruiting, and workforce solutions industry. ASA and its state affiliates advance the interests of the industry across all sectors through advocacy, research, education, and the promotion of high standards of legal, ethical, and professional practices. For more information about ASA, visit americanstaffing.net.
The ASA Workforce Monitor is a periodic survey commissioned by ASA and conducted online by The Harris Poll among 2,000 or more U.S. adults age 18 and older. The survey series focuses on current workforce trends and issues. For more information about the survey series, visit americanstaffing.net/workforcemonitor.
The Harris Poll is one of the longest-running surveys in the U.S., tracking public opinion, motivations and social sentiment since 1963. It is now part of Harris Insights & Analytics, a global consulting and market research firm that delivers social intelligence for transformational times. They work with clients in three primary areas: building 21st century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. Their mission is to provide insights and advisory to help leaders make the best decisions possible. Learn more by visiting www.harrispoll.com and follow Harris Poll on Twitter and LinkedIn.
Contact
Megan Sweeney
American Staffing Association
703-253-1151
msweeney@americanstaffing.net
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SOURCE American Staffing Association | https://www.wibw.com/prnewswire/2022/07/20/nearly-six-10-us-workers-say-their-paycheck-is-not-enough-support-themselves-or-their-families/ | 2022-07-20T15:36:55Z |
"Hustle" doesn't score any points for originality, unless you've somehow missed all those sports movies about scouts or coaches finding astonishing talent in unlikely locales. Yet Adam Sandler's latest Netflix film -- produced with, among others, LeBron James -- mostly works in following that familiar playbook, peppering its NBA-level action with several rosters worth of basketball cameos.
Although the movie has no shortage of close kin (including Netflix's "Boogie" from last year), one of its sillier ancestors would be "The Air Up There," a 1994 movie that had Kevin Bacon locating the basketball big man of his dreams in Africa.
Here, Sandler's Stanley Sugerman is a well-traveled scout for the Philadelphia 76ers, who stumbles on a streetball hustler in Spain, Bo Cruz (NBA player Juancho Hernangómez), whose lockdown defensive skills prompt Stanley to describe the guy more than once as being "like Scottie Pippen and a wolf had a baby."
Stanley can't wait to get Bo back to the US and into a 76ers uniform, but of course, the newly installed head of the team (Ben Foster, deserving better) doesn't see all that potential, prompting the scout to risk his future in order to champion his discovery -- a gamble that doesn't sit especially well with Stanley's beyond-patient wife (Queen Latifah, also underemployed here).
Raw talent, naturally, isn't enough, and Stanley has to teach Bo not to let other players get under his skin (primarily as an excuse for an array of amusingly crude taunts about his mother), while turning to various basketball stars past and present for assistance along the way. They include, but aren't limited to, Julius Erving, Dirk Nowitzki, Doc Rivers, and TNT's Kenny Smith, the last actually playing a character and, like Hernangómez, doing a perfectly fine job of it.
Having churned out fairly generic fare under his Netflix deal, Sandler is in his element as the shambling scout with a wealth of knowledge at his disposal but not always the courage to speak up. His modest ambitions of becoming an assistant coach and giving up all those frequent-flyer miles feel as low-key as the movie itself, and just as central to the story as Bo's potential rags-to-riches journey.
Still, a bit like guarding an NBA star, knowing where "Hustle" is heading and preventing it from getting there are two different things, and the movie gets by thanks to its combination of breezy charm and a solid inside game, including the authenticity of the abundant basketball sequences.
Or as Stanley might put it, it's sort of like an old-fashioned Disney sports movie and an actual NBA game had a baby.
"Hustle" premieres June 8 on Netflix.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/entertainment/hustle-drafts-adam-sandler-for-an-nba-movie-with-a-solid-inside-game/article_3bda6899-8330-52d8-8752-a44a5e625585.html | 2022-06-08T17:08:30Z |
ArcBest LTL carrier offering hiring bonuses for full-time road and city drivers, full- and part-time forklift operators, shop technicians and shop supervisors
FORT SMITH, Ark., June 29, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a two-day hiring event in Sauk Village, Illinois on July 6-7, seeking full-time road drivers, full-time city drivers, full- and part-time forklift operators, full-time clerks, shop technicians and shop supervisors. The company is offering signing bonuses of up to $15,000 for full-time road drivers, $10,000 for full-time city drivers, $1,000 for full- and part-time forklift operators, $5,000 for shop technicians and $5,000 for shop supervisors, available on the first day of employment.
"There's never been a better time to join the ABF team," said Seth Runser, ABF Freight president. "Our people are at the heart of our success, and our values-driven culture has created an environment where people can grow and thrive — it's more than just a job, it's a career. If you live in the South Chicago area and you're looking to join a company with excellent benefits, frequent home time and ongoing training opportunities, we hope to see you at the event."
On July 6 and 7, ABF will host interested candidates from 7 a.m. to 7 p.m. at its service center, located at 1900 Lincoln Highway, Sauk Village, IL. No appointment is necessary. Driver candidates should be at least 21 years old.
At the event, candidates can expect:
- Assistance with job applications
- Interviews with ABF recruiters
- Potential job offers made that day
ABF Freight is one of the nation's largest and most trusted less-than-truckload carriers, operating in both short- and long-haul markets across North America. ABF employs more than 10,000 people across over 240 locations, and over 53 percent of ABF drivers have been employed with the company for more than 10 years.
Full-time ABF drivers and dock workers receive Teamster Union Scale wages, 100 percent company-paid health insurance for employees and their families, personal days, sick leave and paid holidays, and they are covered by a pension plan at no expense to the employee.
For additional information about this hiring event, visit https://joinabf.com/hiring-event, or to view current job openings across the country visit jobs.abf.com.
ABOUT ARCBEST
ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with nearly 15,000 employees across more than 250 campuses and service centers, the company is a logistics powerhouse, fueled by the simple notion of finding a way to get the job done. Through innovative thinking, agility and trust, ArcBest leverages its full suite of shipping and logistics solutions to meet customers' critical needs, each and every day. For more information, visit arcb.com.
Media Contact: Autumnn Mahar
Email: amahar@arcb.com
Phone: 479-494-8221
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SOURCE ArcBest | https://www.wibw.com/prnewswire/2022/06/29/abf-freight-host-south-chicago-area-hiring-event/ | 2022-06-29T15:04:14Z |
Former Sunday school teacher to spend at least 87 years in prison for sexually assaulting children
Published: Aug. 30, 2022 at 10:37 PM EDT|Updated: 53 minutes ago
DURHAM, N.C. (CNN) - A former Sunday school teacher will spend decades in a North Carolina prison for sexually assaulting children.
On Monday, Jonathan Young was sentenced to a minimum of 87 years in prison.
The 38-year-old was convicted of multiple counts of rape, sexual offense and indecent liberties with children.
Prosecutors said Young assaulted at least three children at a church in the Benson area between 2003 and 2014. The youngest victim was 7 years old.
The church’s pastor said the sheriff’s office first told him about the allegations in 2014, but no charges were filed at that time.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/31/former-sunday-school-teacher-spend-least-87-years-prison-sexually-assaulting-children/ | 2022-08-31T03:31:15Z |
Ian Read to Retire from the Board and Transition Responsibilities at the 2022 Annual Meeting of Stockholders
ASHBURN, Va., May 17, 2022 /PRNewswire/ - DXC Technology's (NYSE: DXC) Board of Directors today announced the appointment of president and CEO Mike Salvino to the additional position of board chairman and David Herzog as the lead independent director effective after the Company's Annual Meeting of Stockholders on July 26, 2022. Mr. Salvino succeeds Ian Read, who will be retiring from the board on that date.
"We would like to thank Ian for his dedication to DXC as chairman and for his help in guiding the Company through its Transformation Journey," said Mr. Salvino. "Ian is an accomplished leader who has had an indelible impact on DXC, serving as a mentor, partner and a steady hand for the entire board over the past two years as we put DXC in a much stronger position. It is truly an honor to work with him."
Mr. Salvino continued, "In addition, I am pleased that the board has selected David as lead independent director upon Ian's retirement. David is a seasoned director who has served on the board since DXC's formation, including as acting chairman and as audit committee chair, and we look forward to his continued strong partnership."
In connection with his appointment as lead independent director, Mr. Herzog will reduce his number of other public company boards from three to two before he begins serving as lead independent director for DXC.
"Mike's appointment to board chairman reflects his tremendous success as DXC's president and CEO and his excellent working relationship with our board," said Mr. Read. "Since Mike became CEO, he has successfully guided DXC through an impressive Transformation Journey, creating significant value for DXC customers, colleagues, and shareholders. On behalf of the entire board, I am delighted to welcome Mike as our next chairman."
DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private, and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services across the Enterprise Technology Stack to drive new levels of performance, competitiveness, and customer experience. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.
Forward Looking Statements
All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements." These statements represent current expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. Furthermore, many of these risks and uncertainties are currently amplified by and may continue to be amplified by or may, in the future, be amplified by, the ongoing coronavirus disease 2019 ("COVID-19") pandemic and the impact of varying private and governmental responses that affect our customers, employees, vendors and the economies and communities where they operate. For a written description of these factors, see the section titled "Risk Factors" in DXC's Annual Report on Form 10-K for the fiscal year ended March 31, 2021, and any updating information in subsequent SEC filings. No assurance can be given that any goal or plan set forth in any forward-looking statement can or will be achieved, and readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.
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SOURCE DXC Technology Company | https://www.wibw.com/prnewswire/2022/05/17/dxc-board-appoints-mike-salvino-new-chairman-david-herzog-lead-independent-director/ | 2022-05-17T21:17:15Z |
Floodwaters are receding in Pakistan’s worst-hit southern Sindh province, officials said Friday, a potentially bright sign in an ongoing crisis that has left hundreds of thousands of people homeless in the impoverished South Asian country.
The Indus River, which remained swollen until earlier this month, was now rushing at “normal” levels towards the Arabian Sea, according to Mohammad Irfan, an irrigation official in hard-hit Sindh. The water level in the past 48 hours receded as much as three feet in some of the inundated areas nearby, including the Khairpur and Johi towns, where waist-high water damaged crops and homes earlier this month.
A day earlier, engineers had opened a key highway in the southwestern Baluchistan province, allowing rescue workers to speed aid to those suffering in a race against the spread of waterborne diseases and dengue fever.
Still, hundreds of thousands of people in Sindh are living in makeshift homes and tents. Authorities say it will take months to completely drain the water in Sindh.
Nationwide, floods have damaged 1.8 million homes, washed away roads and destroyed nearly 400 bridges, according to the National Disaster Management Authority. The deluge has killed 1,508 people since mid-June, inundated millions of acres of land and affected 33 million people. More than half a million people have been left homeless. At one point, nearly a third of the impoverished country was underwater. Several economists say the cost of the disaster may reach $30 billion.
Pakistani Prime Minister Shahbaz Sharif has urged developed countries, especially those behind climate change, to scale up aid to his country. Sharif on Friday met with Chinese President Xi Jinping in Uzbekistan on the sidelines of a summit of a security group and thanked him for sending aid, Pakistan’s Foreign Ministry said.
The previous day, scientists and experts in the latest study about ongoing floods in Pakistan said that the country’s overall vulnerability, including people living in harm’s way, was the chief factor in the disaster. But “climate change” also played a role in causing heavy rains, which triggered flooding in the country.
August rainfall in the Sindh and Baluchistan provinces — together nearly the size of Spain — was at least seven times normal amounts, while the country as a whole had more than triple its normal rainfall. That’s according to the report by World Weather Attribution, a collection of mostly volunteer scientists from around the world who do real-time studies of extreme weather to look for evidence of climate change.
In Pakistan, the country’s minister for climate change, Sherry Rehman, was the first to publicly blame the developed world for causing climate-induced unusually heavy monsoon rains, which started in June and are expected to continue this month.
“Pakistan, at least in the south, is totally inundated. Outside of Karachi, go a little further up in Sindh and you will see an ocean of water, with no break,” she tweeted recently. “Where to place the tents, where to find dry ground? How to feed 33 million people plus? How to get them healthcare? Help us.” | https://cw33.com/news/international/ap-international/ap-water-begins-receding-in-pakistans-worst-flood-hit-south/ | 2022-09-16T23:11:20Z |
ST. LUCIE COUNTY, Fla. , June 14, 2022 /PRNewswire/ -- The Law Offices of Jason Turchin announces the filing of a burn injury lawsuit against SHARKNINJA OPERATING LLC and KOHL'S, INC. on behalf of a consumer burned by an allegedly defective pressure cooker. The product liability lawsuit involves burn injuries caused by use of the Ninja Foodi 11-in-1 Pro Pressure Cooker & Air Fryer. The case is Moberly v. SharkNinja Operating LLC and Kohl's Inc. and was filed in the Circuit Court for the St. Lucie County, Florida.
The Plaintiff alleges she suffered severe burns when her Ninja Foodi 11-in-1 Pro Pressure Cooker & Air Fryer exploded hot contents onto her body. The pressure cooker lawyers at the Law Offices of Jason Turchin continue to handle pressure cooker injury claims throughout the United States, including against SharkNinja.
"We tried to contact SharkNinja about the allegations in this case and others. To date, they have ignored all communications," says Turchin. Turchin's firm was previously lead counsel in a consolidated federal lawsuit against Tristar Products in New Jersey titled IN RE: TRISTAR PRODUCTS LITIGATION. "These cases are not just about money. We want to know why SharkNinja didn't respond to us after they were put on notice of numerous incidents of consumers getting burned," adds Turchin.
Turchin's firm is also co-lead counsel in a national pressure cooker class action lawsuit filed against Sunbeam Products, Inc. involving the 600-V1 model Crock-Pot Multicooker. That product has now been recalled. His law firm also represents victims burned by exploding contents from pressure cookers, including claims against Maxi-Matic, Gourmia, Bella Housewares, Instant Pot and more.
Turchin continues to represent pressure cooker burn victims in the hopes that companies will fix alleged defects to prevent more people from getting hurt. "We want to make sure these products are safe. There should be zero tolerance for failure," adds Turchin.
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SOURCE Law Offices of Jason Turchin | https://www.wibw.com/prnewswire/2022/06/14/sharkninja-pressure-cooker-burn-injury-lawsuit-filed-by-national-product-liability-lawyer-jason-turchin/ | 2022-06-14T22:24:22Z |
BEVERLY, Mass., Aug. 15, 2022 /PRNewswire/ -- Brookwood Financial Partners, LLC ("Brookwood"), a nationally recognized private equity real estate investment firm, is pleased to announce that Greg Papazian has been promoted to the newly created position of Chief Investor Relations Officer and Director of Sales. In these capacities, Mr. Papazian will direct all institutional and retail equity offerings, lead the sales team at Brookwood Securities Partners, LLC, Brookwood's wholly owned broker-dealer and direct Brookwood's investor relations department.
Founded in 1993, Brookwood specializes in acquiring and managing value-add commercial real estate and other real estate-related operating businesses. Since its inception. Brookwood has invested over $1.7 billion of equity to acquire and manage a portfolio of 202 commercial real estate properties, seven operating companies, and more than 460 gas stations with convenience stores, collectively representing a total capitalization of over $4.2 billion. Brookwood's portfolio has spanned multiple asset classes, geographical markets, and industries throughout the United States.
The Brookwood Securities sales team is headquartered on the North Shore of Boston and has affiliated offices in Pittsburgh, PA, and Fairfax, VA. It serves as the primary point of contact for all of Brookwood's investors. "Greg has been with us since the very beginning and has proven himself to be a loyal and dedicated member of the firm's senior management team and an integral part of Brookwood's growth and success," said Tom Trkla, Brookwood's Founder, Chairman, and Chief Executive Officer. "Greg is well respected by his partners, colleagues, and clients for his outstanding investor service, fundraising success, integrity, and depth of experience. For over 29 years, he has been and remains a tremendous asset for our firm. I am honored to present Greg with this well-deserved promotion, and it is a great personal pleasure to publicly recognize his loyalty, hard work, and tremendous successes."
"Over the course of his significant tenure at Brookwood, Greg has been intimately involved with the review and evaluation of our investments," said Kurt Zernich, Senior Advisor to Brookwood. "The conscientious, transparent, and efficient manner with which he has developed and maintained Brookwood's relationships with our clients, prove that this a well-earned and deserved promotion."
Mr. Papazian is a Partner of Brookwood and, prior to his promotion, was a Managing Director and Director of Retail Sales for Brookwood Securities. Mr. Papazian also serves as a member of Brookwood's Executive and Investment Committees. Prior to joining Brookwood Securities, Mr. Papazian was employed by Winthrop Securities Co., Inc. ("Winthrop Securities"). Before joining Winthrop Securities, he was a regional manager for a division of Allied-Signal, Inc. Mr. Papazian is a licensed real estate broker in the Commonwealth of Massachusetts and the Commonwealth of Pennsylvania and has extensive experience in commercial real estate sales and leasing. Mr. Papazian holds Series 7, Series 22, Series 24, and Series 63 FINRA licenses.
Mr. Papazian is a graduate of the University of Massachusetts at Amherst. In 2018, he completed the Oxford Strategic Leadership Programme at the University of Oxford's Saïd Business School.
About Brookwood Financial Partners, LLC – Brookwood is a private equity investment firm that specializes in acquiring and managing commercial real estate and real-estate related operating businesses on behalf of its investors, which include Wall Street investment banks, sovereign wealth funds, college endowments, public and private pension funds, family offices, and high net worth individuals. Since its founding in 1993, Brookwood has invested over $1.7 billion of equity to acquire a portfolio of over 202 commercial real estate properties, seven operating companies, and 451 gas stations and convenience stores. Its $4.2 billion historical portfolio has spanned multiple asset classes, geographical markets, and industries across the United States. To find out more about Brookwood, visit www.brookwoodfinancial.com
Media Contact:
Erin Vadala, Warner Communications
(978) 468-3076; erin@warnerpr.com
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SOURCE Brookwood Financial Partners, LLC | https://www.kxii.com/prnewswire/2022/08/15/greg-papazian-promoted-chief-investor-relations-officer-director-sales/ | 2022-08-15T13:46:50Z |
Police search for owner of lost fanny pack
Published: Jun. 17, 2022 at 11:05 AM CDT|Updated: 17 minutes ago
GARDEN CITY, Idaho (CNN) – Police in Idaho are hoping to return lost property that has been found to its rightful owner, but the owner may not want to claim it.
Garden City Police are looking for the person who owns a fanny pack that was filled with a variety of drugs, paraphernalia and other items that are most likely illegal.
Police posted photos of the fanny pack on social media saying the owner can give them a call or head to their headquarters to reclaim the property.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/17/police-search-owner-lost-fanny-pack/ | 2022-06-17T16:22:34Z |
PLANO, Texas, Aug. 9, 2022 /PRNewswire/ -- Freddy's Frozen Custard & Steakburgers has selected UMI Marketing Solutions as their marketing operations partner. Freddy's is a leading fast-casual restaurant with huge growth potential as they expand across the United States. Bringing their decades of marketing and franchise industry experience to the table, UMI will further fuel Freddy's efforts to double its footprint within the next four years.
"Freddy's is a unique, rapidly-growing brand, and we believe UMI's turn-key nature and dedication to the success of their clients through innovative marketing solutions make them the perfect partner to help us achieve our short- and long-term goals," said Erin Walter, Freddy's Vice President of Brand Marketing.
UMI provides access to an unparalleled network of suppliers, warehousing and fulfillment solutions, and collective expertise in marketing, sourcing, and procurement, which are a welcome advantage as supply chain and labor shortages continue to plague the restaurant sector. "Freddy's is an iconic brand with a rich history. We are very excited about this partnership and the part UMI will play in the next chapters of their brand growth story," said Amy Peart, CEO of UMI.
Freddy's Marketplace is a custom-built technology platform that addresses current marketing needs while anticipating the road ahead, essentially future-proofing the brand. The site provides comprehensive trade area data, key insights, and segmentation counts to identify location-specific opportunities and develop engaging marketing programs. The site also makes it easy for Freddy's corporate team to monitor program adoption and performance.
In conjunction with their powerful technology platform, UMI's client success team champions brand-to-local communication, supporting both corporate and their local operators. This full-service approach is instrumental to the success of each brand in UMI's portfolio.
UMI Marketing Solutions powers communications and supply chain strategy for some of the top multi-location and franchise brands across the US. They offer unprecedented value by combining an expert account team with a powerful technology platform built to drive brand growth.
Freddy's Frozen Custard & Steakburgers is a leading fast-casual franchise concept with more than 440 locations across 36 states nationwide. The brand offers a unique combination of cooked-to-order steakburgers, all-beef hot dogs, shoestring fries and other savory items, along with freshly churned frozen custard treats. For more on Freddy's, visit the Newsroom and follow us on Facebook, Twitter, and Instagram.
Media Contact: stephanie@umimarketingsolutions.com
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SOURCE UMI Marketing Solutions | https://www.kxii.com/prnewswire/2022/08/09/freddys-frozen-custard-amp-steakburgers-partners-with-umi-marketing-solutions-they-accelerate-growth/ | 2022-08-09T16:02:14Z |
NEW YORK, July 11, 2022 /PRNewswire/ -- Attention Upstart, Inc. ("Upstart") (NASDAQ: UPST) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between March 18, 2021 and May 9, 2022.
If you suffered a loss on your investment in Upstart, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/upstart-inc-loss-submission-form?prid=29652&wire=4
ABOUT THE ACTION: The class action against Upstart includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Upstart's AI model could not adequately account for macroeconomic factors such as interest rates that impact the market-clearing price for loans; (2) as a result, Upstart was experiencing a negative impact on its conversion rate; (3) as a result, the Company was reasonably likely to use its balance sheet to fund loans; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
DEADLINE: July 12, 2022
Aggrieved Upstart investors only have until July 12, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/07/11/class-action-alert-law-offices-vincent-wong-remind-upstart-investors-lead-plaintiff-deadline-july-12-2022/ | 2022-07-11T11:32:40Z |
VANCOUVER, BC, June 21, 2022 /PRNewswire/ -- As the most extensive business, financial, technological, and cultural center in Western Canada, Vancouver enjoys a highly diversified investment environment. The open and advanced financial industry and investment environment have attracted those top international financial institutions providing quality services to local clients. Coupled with a superb natural landscape, Vancouver is ranked as one of the world's most livable cities, attracting many financial practitioners and investors. Meanwhile, Vancouver's proximity to Seattle is home to a growing cluster of fintech companies. Not only does it contribute significantly to innovation in traditional finance, but it also continues to surprise the world in the new digital finance field. On top of that, according to a Reuters report, Canada's soaring foreign exchange trading volumes increased 26.4% in 2021 compared to the same period the previous year, demonstrating strong currency liquidity and capital dynamism.
The Vancouver International Financial Summit (VIFS) 2022, hosted by FX168 Financial Group, is scheduled for September 2-3 at the JW Marriot Parq Hotel in Vancouver city. The summit aims to create an open and influential platform to share a wealth of cutting-edge investment information by selecting qualified international financial institutions that focus on advanced trading, technology, and information services in the financial sector globally. In addition, VIFS 2022 is a valuable opportunity for exploring trading and investment opportunities for high-net-worth investors and institutions, providing a valuable interacting platform for industry practitioners. With an exhibition area of over 20,000 square feet, the event is highly valued by financial industry professionals, investors, and local and international exhibitors.
Event Highlights
- Policy analysis by economists from various vertical sectors, exploring current financial affairs and investment hotspots.
- Highlighted professional advice and service from financial analysts and investment advisors
- The interaction of capital from the East and the West will promote the prosperous development of the Canadian economy and financial industry.
- As the most critical part of the summit, several outstanding financial awards will be selected based on the voting results of the public, experts and media, providing reference guidelines for investors.
FX168 Financial Group, the organizer of this event, is a well-known provider of 24H professional financial information, financial data, investment education and training, financial exhibitions, branding, and other comprehensive services with a "global perspective" based in Greater China, Southeast Asia, as well as North America and Europe. The company's business covers 35 major investment markets worldwide, with thousands of institutional partners serving 200 million investors in China and more than 50 million Chinese globally. In addition, the group has long been a leader in providing global financial media services, professional research reports and supporting system development services based on the financial industry and market data, market monitoring and industry intelligence services, and systematic investor education and training services using the O2O concept, leading Chinese-language investors to achieve the "optimal allocation of wealth in time and space" on a global scale with a global perspective.
The company's Asia Trading Summit has been held in Asia for many years and has received many positive comments from exhibitors, practitioners, and investors. In the post-pandemic era, the company selects the world's best financial institutions for Vancouver, bringing a unique investment feast to North American investors.
For more information, check www.vifs2022.com, or scan the QR code. Register the event before August 1st for free tickets.
Exhibitors, sponsors, or speakers are welcome to inquire at pr@fx168group.com, or call (1)604-249-2146. For media cooperation, please email media@fx168group.com.
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SOURCE FX168 | https://www.kxii.com/prnewswire/2022/06/21/vancouver-international-financial-summit-vifs2022-is-coming-september/ | 2022-06-21T15:32:25Z |
SAN FRANCISCO, May 19, 2022 /PRNewswire/ -- Hagens Berman urges Upstart Holdings, Inc. (NASDAQ: UPST) investors with significant losses to submit your losses now.
Class Period: Nov. 9, 2021 – May 9, 2022
Lead Plaintiff Deadline: July 12, 2022
Visit: https://www.hbsslaw.com/investor-fraud/UPST
Contact An Attorney Now: UPST@hbsslaw.com
844-916-0895
Upstart Holdings, Inc. (UPST) Securities Fraud Class Action:
The litigation focuses on Upstart's claims that its proprietary AI algorithm "enables a superior loan product with improved economics that can be shared between consumers and lenders" and that Upstart "leverage[s] the power of AI to more accurately quantify the true risk of a loan."
The complaint alleges Defendants failed to disclose to investors that: (1) Upstart's AI model could not adequately account for macroeconomic factors such as interest rates that impact the market-clearing price for loans; (2) as a result, Upstart was experiencing negative impacts on its conversion rate; and, (3) as a result, Upstart was reasonably likely to use its balance sheet to fund loans.
Investors began to learn the truth on May 9, 2022, when Upstart announced poor Q1 2022 financial results, slashed revenue outlook, and disclosed a whopping $604 million of loans residing on its balance sheet – an amount that is more than twice that held as of Dec. 31, 2021. During the earnings call that day, management disclosed it was using company capital as a "funding buffer for core personal loans in periods of interest rate fluctuation where the market clearing price is in flux."
This news drove the price of Upstart shares crashing 56% lower on May 10, 2022, wiping out over $3 billion of value, and resulted in a slew of analyst downgrades and target price reductions.
"We're focused on investors' losses and whether Upstart misrepresented the effectiveness of its algorithm and the degree to which it was insulated from credit risk," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in Upstart Holdings and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblowers: Persons with non-public information regarding Upstart Holdings should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email UPST@hbsslaw.com.
About Hagens Berman
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact:
Reed Kathrein, 844-916-0895
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SOURCE Hagens Berman Sobol Shapiro LLP | https://www.mysuncoast.com/prnewswire/2022/05/19/upst-investor-fraud-hagens-berman-national-trial-attorneys-encourages-upstart-holdings-inc-upst-investors-with-significant-losses-contact-firms-attorneys-securities-class-action-filed/ | 2022-05-19T14:09:13Z |
Attorneys Johnny Ward, Wes Hill and Andrea Fair among trial team
MARSHALL, Texas, April 13, 2022 /PRNewswire/ -- A federal jury has awarded biotechnology company Seagen Inc. $41.8 million in a patent infringement lawsuit against Daiichi Sankyo Co. LTD, for infringing a cancer treatment pharmaceutical patent developed by Seagen.
The four-day trial took place in U.S. Chief Judge Rodney Gilstrap's courtroom in the U.S. District Court for the Eastern District of Texas in Marshall. As part of the verdict, the jury rejected claims by Daiichi Sankyo and co-defendant AstraZeneca Pharmaceuticals challenging the validity of Seagen's patent at the heart of the dispute.
Seagen filed the lawsuit in October 2020 for infringement of U.S. Patent No. 10,808,039, which relates to a type of cancer therapy that links chemotherapeutic drugs to antibodies using cleavable amino acid units.
According to the lawsuit, Daiichi used Seagen's patent in its Enhertu medication, earning more than $522 million in sales through the date of trial.
"We worked with an incredible team to show how Seagen's drug technology was willfully infringed and used by the defendant to make millions," said Johnny Ward, co-founder of the firm. "We are proud the jury agreed with our side."
Ward, Smith & Hill attorneys Wes Hill and Andrea Fair completed the local counsel team working with trial attorneys Michael Jacobs, Matthew Chivvis, Bryan Wilson and Matthew Kreeger of Morrison & Foerster, LLP.
To learn more about Ward Smith & Hill's patent litigation practice, visit: http://wsfirm.com/practice-areas/patent-litigation/.
The case is Seagen Inc. vs. Daiichi Sankyo Co., LTD, case number 2:20-cv-00337-JRG, in the U.S. District Court for the Eastern District of Texas in Marshall.
Longview, Texas-based Ward, Smith & Hill, PLLC, has tried more than 350 cases to verdict, earning a national reputation in high-stakes claims involving complex commercial litigation, intellectual property law, oil and gas matters, bad faith insurance claims, and serious personal injury claims. The firm frequently assists lawyers nationwide in complex cases before Texas juries. To learn more about the firm, visit http://www.wsfirm.com.
Media Contact:
Sophia Reza
214-559-4630
sophia@androvett.com
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SOURCE Ward, Smith & Hill, PLLC | https://www.kxii.com/prnewswire/2022/04/13/ward-smith-amp-hill-helps-secure-418m-patent-infringement-victory-biotech-company-seagen-inc/ | 2022-04-13T17:06:39Z |
SAN FRANCISCO, April 25, 2022 /PRNewswire/ -- Woodruff Sawyer, one of the largest independent insurance brokerages in the US, announced today that Renu Agrawal has been appointed to Woodruff Sawyer's Board of Directors, effective immediately. Renu brings a broad background in financial services and in leading innovative and impactful teams.
Andy Barrengos, Woodruff Sawyer CEO and Chairman, comments, "We are thrilled to welcome Renu to Woodruff Sawyer's Board. She brings deep strategic and operational expertise and has led significant growth and transformation in high-performance environments. Her experience and perspective will be invaluable assets to our Board of Directors."
Renu is a seasoned executive and Board Director with over 25 years of experience in growing companies and transforming business models. She is on the Board of Luther Burbank Corporation and a member of their Audit & Risk, and Nominating & Governance Committees. She also serves on the Board of Allvue Systems, a privately held investment software solutions provider. Renu spent 13 years at Wells Fargo, leading and setting strategies for multiple divisions. Prior to that, she was Chief Operating Officer for both ValleyCrest Companies and Quisic Corporation. Renu started her career as a scientist at Polaroid and was at McKinsey for several years.
Renu adds, "I've long shared Woodruff Sawyer's belief that a client- and employee-focused business is one that thrives in the long term. I'm honored to join Woodruff Sawyer's Board of Directors and be a part of a values-led company that seeks to innovate and grow."
"We're delighted to bring such an accomplished leader to our Board," says Kristy Furrer, Board Chair of Nominating & Governance. "Renu's experience as an innovative leader in scaling service-oriented companies complements Woodruff Sawyer's own growth and evolution. She's an exciting addition to our team."
About Woodruff Sawyer
As one of the largest insurance brokerage and consulting firms in the US, Woodruff Sawyer protects the people and assets of more than 4,000 companies. We provide expert counsel and fierce advocacy to protect clients against their most critical risks in property and casualty, management liability, cyber liability, employee benefits, and personal wealth management. An active partner of Assurex Global and International Benefits Network, we provide expertise and customized solutions where clients need it, with headquarters in San Francisco, offices throughout the US, and global reach on six continents. For more information, call 844.972.6326, or visit woodruffsawyer.com.
Media Contact: press@woodruffsawyer.com
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SOURCE Woodruff Sawyer | https://www.mysuncoast.com/prnewswire/2022/04/25/renu-agrawal-joins-woodruff-sawyers-board-directors/ | 2022-04-25T18:08:55Z |
- Sensagrate integrates InnovizOne LiDAR with its SensaVision Platform to promote pedestrian and driver safety through intelligent traffic analytics and data collection.
- Sensagrate is leveraging InnovizOne LiDAR to solve smart city challenges at additional sites in the U.S., including Phoenix, Scottsdale, and Tucson, AZ, through partnerships with government transportation agencies to pilot emerging technology using LiDAR sensors.
TEL AVIV, Israel and SCOTTSDALE, Ariz., Sept. 14, 2022 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ) (the "Company" or "Innoviz"), a technology leader of high-performance, solid-state LiDAR sensors and perception software, and Sensagrate, a leader in smart city technology that enables real-time traffic, pedestrian and cyclist safety on roadways, announced a joint smart intersection corridor pilot at UCLA.
Sensagrate integrated InnovizOne LiDARs with SensaVision, a computer vision platform, and is fusing them with data from radar and camera sensors to create a smart corridor at an intersection at the UCLA campus. Going forward, Innoviz and Sensagrate will tackle smart city challenges across Arizona through partnerships with government transportation departments to pilot emerging technology using LiDAR sensors.
To a video presenting the solution, please click here
The SensaVision Platform, enabled by InnovizOne LiDARs, gathers data on traffic volume and other roadside safety metrics for root cause analysis of pedestrian-related incidents, improving pedestrian and automobile safety. The smart corridor will test smart sensing for intersections powered by Innoviz and Sensagrate via (I2V) and vehicle-to-everything (V2X) applications, all powered by NVIDIA jetson edge computing. In addition to the sensors on the infrastructure, the platform is further connected with UCLA's autonomous vehicle, enhancing the V2X analytics. Both Innoviz and Sensagrate are excited for the site results and insights ahead of October, which is National Pedestrian Safety Month.
The InnovizOne LiDAR is ideal for smart city applications because it provides accurate data during adverse weather and lighting conditions, and its robust design ensures durability over time. The InnovizOne LiDAR does not impinge on privacy, unlike other sensors that may have difficulty complying with GDPR and other privacy laws.
"Innoviz is excited to advance our partnership with Sensagrate and demonstrate the value of our InnovizOne LiDAR for smart city applications at one of the top universities in the world," said Omer Keilaf, Co-Founder and CEO of Innoviz. "Innoviz and Sensagrate both firmly believe that LiDAR-based intelligent traffic decisions will improve traffic flow and reduce traffic congestion, leading to a decrease in road fatalities and carbon emissions. We're looking forward to scaling this solution across the US and globally."
"The Innoviz One LiDAR provides a unique and high quality resolution for their field of view and range. This is critical as we look to detect different objects in various settings and at ranges greater than 100 meters," said Darryl Keeton, Founder and President of Sensagrate. "Innoviz has provided a great product and is proving its strong partnership abilities to promote safety. We are excited to witness how the InnovizOne and SensaVision integration at the UCLA pilot site can promote smarter and safer streets."
This news builds on the Sensagrate and Innoviz partnership announced in 2021. Innoviz's traction in smart city applications is further demonstration of its innovation and expanding scope of product coverage following its significant automotive design win with CARIAD SE for Volkswagen Brands in August 2022.
About Sensagrate
Sensagrate is a computer vision software company that provides traffic AI solutions on the edge to bring state-of-the-art innovation solutions that provide real-time, predictive analytics to decrease congestion and emissions, and improve public safety. SensaVision intelligent transportation system products include computer vision software, computer vision on the edge, and traffic and safety data and analytics. For more information, visit www.sensagrate.com.
About Innoviz Technologies
Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally-recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz-tech.com.
Join the discussion: Facebook, LinkedIn, YouTube, Twitter
Media Contact
Media@innoviz-tech.com
Investor Contact
Maya Lustig
Innoviz Technologies
+972 54 677 8100
Investors@innoviz-tech.com
Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates and Innoviz's projected future results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR technology and related industries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Innoviz's annual report on Form 20-F filed with the SEC on April 21, 2021, and other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.
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SOURCE Innoviz Technologies | https://www.kxii.com/prnewswire/2022/09/14/innoviz-technologies-sensagrate-launch-smart-corridor-university-california-los-angeles-ucla/ | 2022-09-14T11:30:04Z |
Digital revenue reached an all-time high of $92 million reaching 44% of money transfer transactions at the end of the second quarter
Digital transactions increased 36% over the prior year
DALLAS, Aug. 5, 2022 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI) today reported financial results for its second quarter ended June 30, 2022.
"Against the backdrop of an increasingly uncertain macro-economic environment, we delivered 5% year-over-year revenue growth in the second quarter on a constant currency basis. Results for the quarter were driven by record digital revenue, partially offset by continued softness in the walk-in retail business in certain markets," said Alex Holmes MoneyGram Chairman and CEO. "As we look ahead to the second half of the year, we anticipate consumers globally will face challenges as the impact of rising inflation places more pressure on their disposable incomes. However, our services also rise in importance during challenging times. We remain confident in the dedication and loyalty of our customers to their families abroad, as we look to further support them by investing in our digital platforms and customer experience initiatives."
As announced yesterday, Brian Johnson, who currently serves as Head of Corporate Finance and Global Treasurer, has been named Chief Financial Officer, effective September 1, 2022. He succeeds Larry Angelilli, who has been appointed Executive Vice Chairman of MoneyGram, effective on the same date. In this role, Angelilli will help ensure an orderly transition of the CFO role and assist on external relations and other strategic matters.
MoneyGram also announced that Anna Greenwald, who currently serves as Chief Readiness Officer, has been appointed Chief Operating Officer, effective immediately. In addition to her existing responsibilities, which include oversight of global go-to-market, product, customer care, agent network oversight and engagement and global regulatory exam readiness, Greenwald will also assume responsibility for the global IT organization.
MoneyGram and Madison Dearborn Partners, LLC ("MDP") continue to make progress toward completing the closing conditions of the previously announced merger transaction. To date, money transmitter regulators in 32 U.S. states and territories have provided their approval or non-objection of the transaction. All supplemental U.S. state filings have been submitted. The required pre-transaction notifications and applications to international money transmitter regulators have been made or are on track to be filed shortly, and the parties continue to engage with the regulators.
As previously disclosed, the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired and MoneyGram stockholders have overwhelmingly approved the transaction. The parties have submitted all applicable foreign antitrust and Foreign Direct Investment filings.
The transaction is expected to close in the fourth quarter of 2022, subject to customary closing conditions, including receipt of certain regulatory approvals.
MoneyGram International, Inc. (NASDAQ: MGI), a global leader in the evolution of digital P2P payments, delivers innovative financial solutions to connect the world's communities. With a purpose-driven strategy to mobilize the movement of money, a strong culture of fintech innovation, and leading customer-centric capabilities, MoneyGram has grown to serve over 150 million people in the last five years. The Company leverages its modern, mobile, and API-driven platform and collaborates with the world's top brands to serve consumers through its direct-to-consumer digital channel, global retail network, and embedded finance business for enterprise customers. MoneyGram is also a leader in pioneering cross-border payment innovation and blockchain-enabled settlement. For more information, please visit ir.moneygram.com, follow @MoneyGram on social media, and explore the website and mobile app through moneygram.com.
This communication contains forward-looking statements which are protected as forward-looking statements under the Private Securities Litigation Reform Act of 1995 that are not limited to historical facts, but reflect MoneyGram's current beliefs, expectations or intentions regarding future events and speak only as of the date they are made. Words such as "may," "might," "will," "could," "should," "would," "expect," "plan," "project," "intend," "anticipate," "believe," "estimate," "predict," "potential," "pursuant," "target," "forecast," "outlook," "continue," "currently," and similar expressions are intended to identify such forward-looking statements. The statements in this communication that are not historical statements are forward-looking statements within the meaning of the federal securities laws. Specific forward-looking statements include, among others, statements regarding the Company's projected results of operations and specific factors expected to impact the Company's results of operations. Forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict and many of which are beyond MoneyGram's control, which could cause actual results to differ materially from the results expressed or implied by the statements.
These risks and uncertainties include, but are not limited to:
- the impact of the COVID-19 pandemic or future pandemics on our business, including the potential work stoppages, lockdowns, shelter-in-place, or restricted movement guidelines, service delays and lower consumer and commercial activity;
- our ability to compete effectively;
- our ability to maintain key agent or biller relationships, or a reduction in business or transaction volume from these relationships, including with our largest agent, Walmart, through its introduction of additional competing white label money transfer products or otherwise;
- our ability to continue to grow our Digital Channel, including through our direct-to-consumer digital business, MoneyGram Online;
- a security or privacy breach in systems, networks or databases on which we rely;
- current and proposed regulations addressing consumer privacy and data use and security;
- our ability to manage fraud risks from consumers or agents;
- the ability of us and our agents to comply with U.S. and international laws and regulations;
- litigation and regulatory proceedings involving us or our agents and other commercial relationships, which could result in material settlements, fines or penalties, revocation of required licenses or registrations, termination of contracts, other administrative actions or lawsuits and negative publicity;
- disruptions to our computer systems and data centers and our ability to effectively operate and adapt our technology;
- the ability of us and our agents to maintain adequate banking relationships;
- our ability to successfully develop and timely introduce new and enhanced products and services and our investments in new products, services or infrastructure changes;
- our high degree of leverage and substantial debt service obligations, significant debt covenant requirements and our ability to comply with such requirements;
- our below investment-grade credit rating;
- our ability to maintain sufficient capital;
- weakness in economic conditions,including recession and inflation, in both the U.S. and global markets;
- the financial health of certain European countries or the secession of a country from the European Union;
- a significant change, material slow down or complete disruption of international migration patterns;
- our ability to manage risks associated with our international sales and operations, including exchange rates among currencies;
- our offering of money transfer services through agents in regions that are politically volatile or, in a limited number of cases, that may be subject to certain OFAC restrictions;
- major bank failure or sustained financial market illiquidity, or illiquidity at our clearing, cash management and custodial financial institutions;
- changes in tax laws or unfavorable outcomes of tax positions we take, or a failure by us to establish adequate reserves for tax events;
- our ability to manage credit risks from our agents and official check financial institution customers;
- our ability to adequately protect our brand and intellectual property rights and to avoid infringing on the rights of others;
- our ability to manage risks related to the operation of retail locations and the acquisition or start-up of businesses;
- any restructuring actions and cost reduction initiatives that we undertake may not deliver the expected results and these actions may adversely affect our business;
- our capital structure;
- risks relating to the proposed Merger (as defined in the form 8-K filed on February 15, 2022), including the possibility that the consummation of the Merger could be delayed or not completed, and the effect of announcement or pendency of the Merger on our business; and
- the risks and uncertainties described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of MoneyGram's public period reports filed with the U.S. Securities and Exchange Commission (the SEC), including MoneyGram's annual report on Form 10-K for the year ended December 31, 2021, and subsequent quarterly reports on Form 10-Q.
Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in MoneyGram's SEC filings. MoneyGram's SEC filings may be obtained by contacting MoneyGram, through MoneyGram's web site at ir.moneygram.com or through the SEC's Electronic Data Gathering and Analysis Retrieval System ("EDGAR") at www.sec.gov. MoneyGram undertakes no obligation to publicly update or revise any forward-looking statement.
In addition to results presented in accordance with accounting principles generally accepted in the United States (GAAP), this news release and related tables include certain non-GAAP financial measures, including a presentation of EBITDA (earnings before interest, taxes, depreciation and amortization, including agent signing bonus amortization), Adjusted EBITDA (EBITDA adjusted for certain significant items), Adjusted EBITDA margin, Adjusted Free Cash Flow (Adjusted EBITDA less cash interest, cash taxes and cash payments for capital expenditures and agent signing bonuses), constant currency measures (which assume that amounts denominated in foreign currencies are translated to the U.S. dollar at rates consistent with those in the prior year), diluted adjusted income (loss) per share and adjusted net income. In addition, we present gross profit for our two reporting segments. The following tables include a full reconciliation of non-GAAP financial measures to the related GAAP financial measures. The equivalent GAAP financial measures for projected results are not provided, and projected results do not reflect the potential impact of certain non-GAAP adjustments, which include (but in future periods, may not be limited to) stock-based, contingent and incentive compensation costs; compliance enhancement program costs; direct monitor costs; legal and contingent matter costs; restructuring and reorganization costs; currency changes; and the tax effect of such items. We cannot reliably predict or estimate if and when these types of costs, adjustments or changes may occur or their impact to our financial statements. Accordingly, a reconciliation of the non-GAAP financial measures to the equivalent GAAP financial measures for projected results is not available.
We believe that these non-GAAP financial measures provide useful information to investors because they are an indicator of the strength and performance of ongoing business operations. These calculations are commonly used as a basis for investors, analysts and other interested parties to evaluate and compare the operating performance and value of companies within our industry. Finally, EBITDA, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Free Cash Flow, constant currency, diluted adjusted income (loss) per share and adjusted net income (loss) figures are financial and performance measures used by management in reviewing results of operations, forecasting, allocating resources or establishing employee incentive programs. Although MoneyGram believes the above non-GAAP financial measures enhance investors' understanding of its business and performance, these non-GAAP financial measures should not be considered in isolation or as substitutes for the accompanying GAAP financial measures.
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SOURCE MoneyGram | https://www.wibw.com/prnewswire/2022/08/05/moneygram-international-reports-second-quarter-2022-results/ | 2022-08-05T13:48:23Z |
Goodwill re-opens
SHERMAN, Texas (KXII) - After a 2-month hiatus, Goodwill is back.
The store had its grand opening today after undergoing some renovations.
Management said the inspiration to make changes came after seeing a few successful stores in Florida.
The store is now able to take in more donations and process them quicker for a better shopping experience.
Management said the change is for the better and is something everyone can benefit from.
CEO of Goodwill Industries of North Texas, Katrina Coffman said, “It’s important for people to be able to find things that fit their budget. Quality merchandise at great prices… this is a great place to come and shop and get the best value for your money.”
The newly remodeled Goodwill is located on Texoma Parkway and will have new merchandise hit the sales floor daily.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/07/02/goodwill-re-opens/ | 2022-07-02T03:59:48Z |
Bond set at $75K for man accused of child sex crimes, stalking
REPUBLIC CO., Kan. (WIBW) - Bond has been set at $75K for a Republic Co. man accused of child sex crimes and stalking.
On Thursday, July 21, the Republic Co. Sheriff’s Office says Colton D. Grove, 31, was arrested and booked into the Republic Co. Jail for Indecent Liberties with a Child, Indecent Solicitation of a Child and Stalking.
On Friday, the Sheriff’s Office said Grove appeared before the Republic Co. District Court for an initial appearance. His bond was set at $75,000.
The investigation into the crimes remains ongoing. Anyone with additional information should contact the Republic Co.; Sheriff’s Office at 785-527-5658.
Due to the nature of the crimes, the Sheriff’s Office has not released further details.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/22/bond-set-75k-man-accused-child-sex-crimes-stalking/ | 2022-07-22T20:51:25Z |
The National Labor Relations Board is asking a federal court to order Starbucks to stop interfering with unionization efforts at its U.S. stores.
It’s the third time the board has filed a case in federal court against Starbucks since December, when a store in Buffalo, New York, became the coffee chain’s first location in decades to unionize. Since then, more than 289 U.S. stores have petitioned the NLRB to hold union elections and at least 151 stores have voted to unionize.
Starbucks opposes the unionization effort, saying its stores function better when it works directly with employees.
The NLRB’s regional director in Buffalo, New York, filed the petition Tuesday in U.S. District Court in western New York. It asks the court to order Starbucks to reinstate seven Buffalo employees it says were unlawfully fired for trying to form a union. It also seeks to force Starbucks to bargain with a store whose union election was allegedly tainted by Starbucks’ repeated anti-union activity.
But more broadly, the petition asks the court to order Starbucks to halt a variety of activities at all of its U.S. stores, including offering benefits to non-union stores, threatening reprisals for employees who support unionization, refusing to bargain with stores that have voted to unionize and temporarily or permanently closing stores.
Earlier this month, Starbucks announced plans to permanently close a store in Ithaca, New York, that had voted to unionize. Employees at the store said the company is retaliating for their labor activism. Starbucks, which operates 9,000 U.S. stores, said it opens and closes locations regularly and based its decision on staffing and other problems at the store.
In its petition, the NLRB alleged Starbucks committed numerous violations of U.S. labor law in Buffalo, including surveilling employees about unionization plans by listening in to conversations on their headsets, promising higher pay and better benefits if they didn’t unionize and interrogating them for wearing union pins.
A message seeking comment was left with Seattle-based Starbucks Corp. Tuesday. | https://cw33.com/business/ap-business/labor-board-takes-starbucks-to-court-over-alleged-violations/ | 2022-06-22T17:43:40Z |
NEW YORK (AP) — Yankees slugger Giancarlo Stanton is on the injured list for the fourth straight season.
Stanton was placed on the 10-day IL with a strained right calf Wednesday as the ailing Yankees made a flurry of roster moves less than an hour before their series finale against Baltimore.
“He is feeling pretty good,” manager Aaron Boone said earlier in the afternoon. “I think we hope that he said something early enough to where this doesn’t become long.”
New York also put struggling reliever Jonathan Loáisiga on the 15-day injured list, retroactive to May 23, with right shoulder inflammation — the latest blow to a depleted bullpen that had shined most of the season.
“Similar to what he dealt with last year. Probably not as severe. So, just feel like it’s probably something that as a precaution, we need to be smart here and take a couple weeks and hopefully that’s all it is,” Boone said. “We believe it’s something hopefully minor. We’re going to treat him symptomatically.”
Joey Gallo was reinstated from the COVID-19 injured list and started at designated hitter. Third baseman Josh Donaldson remained on the COVID-19 list, and All-Star infielder DJ LeMahieu was out of the lineup for the second consecutive night because of left wrist discomfort.
LeMahieu was feeling better after a cortisone shot Tuesday and the team hopes to have him back in a day or two.
Boone said he thought Donaldson was going to receive an IV, and the 2015 AL MVP was feeling better after his fever broke overnight. But the manager wasn’t sure if Donaldson would travel with the Yankees to Florida for a four-game set at AL East rival Tampa Bay that begins Thursday night, or possibly join the club sometime during the series.
The 32-year-old Stanton left Tuesday night’s 7-6, 11-inning win over the Orioles in the seventh and had an MRI on Wednesday. He is hitting .285 with 11 homers and 35 RBIs for the Yankees, who began the night with the best record in the majors at 30-13.
“Adversity’s coming for you even in the best of seasons and you’ve got to be able to weather the storm and have other guys step up in different situations,” Boone said. “Sometimes it’s in short spurts, sometimes it’s longer. That’s part of the grind of the 162-game season. We’re prepared to handle that. We look forward to handling that. The season doesn’t stop for anyone.”
Stanton played in 139 games last year, his highest total since 2018, and batted .273 with 35 homers and 97 RBIs. He was out from May 17-28 with a left quadriceps strain.
New York acquired Stanton, the 2017 NL MVP with Miami, before the 2018 season and he hit .266 with 38 homers and 100 RBIs during his first season in pinstripes.
He was sidelined from April 1 to June 18 in 2019 with a left biceps strain, then from June 26 until Sept. 19 with a sprained right knee. During the pandemic-shortened 2020 season, he was out from Aug. 9 until Sept. 15 with a strained left hamstring.
Since 2011, Stanton has been on the injured list in all but the 2014, 2017 and 2018 seasons. A four-time All-Star with the Marlins, he has a .269 career batting average with 358 homers and 928 RBIs.
The hard-throwing Loáisiga, a top setup man last year, is 1-2 with a 7.02 ERA in 18 appearances. He has walked 10 and given up 16 hits — including three homers — in 16 2/3 innings.
“I think the biggest thing with Lo, it’s been a few outings that have hurt him and when you do that early in the year as a reliever, it shows up that way,” Boone said. “But even in those times, he’s not far off as far as his stuff and his repertoire, and really confident that it’ll click once he gets rolling.”
Pitching for the second consecutive day, Loáisiga was tagged with the loss in his most recent outing during the second game of Sunday’s doubleheader against the Chicago White Sox. He allowed four earned runs and four hits in two-thirds of an inning.
“After his last (appearance) he was just a little sore, so we’ve kind of slowed him down a little bit and just want to make sure obviously that he’s sound,” Boone said.
Loáisiga was 9-4 with five saves and a career-best 2.17 ERA in 57 games covering 70 2/3 innings last season. The right-hander missed 22 games and about 3 1/2 weeks in September with a shoulder strain.
Word of his injury this time came one day after the Yankees put All-Star closer Aroldis Chapman on the 15-day IL with left Achilles tendinitis, and just a few days after setup man Chad Green went down with a season-ending elbow injury that will require Tommy John surgery.
Veteran lefty Zack Britton is expected to miss the entire season after having Tommy John surgery last September.
“It’s also a great opportunity for people that we’re really excited about to step up and to step into roles,” Boone said. “Look forward to getting Lo back and pitching how we know he’s capable of.”
New York also recalled left-hander JP Sears and right-hander David McKay from Triple-A Scranton/Wilkes-Barre. Sears made his first major league start Wednesday night.
Reserve catcher Rob Brantly was designated for assignment.
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AP Baseball Writer Ronald Blum contributed to this report.
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More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Spots | https://cw33.com/sports/ap-sports/banged-up-yankees-add-stanton-loaisiga-to-injured-list/ | 2022-05-26T02:02:12Z |
Five arrested after sheriff’s office serves narcotics search warrant
OKALOOSA COUNTY, Fla. (Gray News) – Police in Florida arrested five people after serving a narcotics search warrant Tuesday.
The Okaloosa County Sheriff’s Office said the warrant was executed at a home near Niceville, Florida. The sheriff’s office said the home has been the subject of complaints and is associated with drug overdoses, including an overdose death.
The sheriff’s office said members of its Special Response Team deployed two non-lethal flash bangs outside the home after no one was responding to authorities.
The sheriff’s office said it took four people into custody for resisting an officer.
Patrick Mulcahy, a resident of the home, was taken into custody after the sheriff’s office said he was found to have methamphetamine and a rolled up dollar bill containing meth residue.
He has been charged with possession of a controlled substance and possession of drug paraphernalia.
The sheriff’s office is continuing to investigate. They said there will be additional charges announced.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/08/five-arrested-after-sheriffs-office-serves-narcotics-search-warrant/ | 2022-05-08T22:28:19Z |
JOLIET, Ill., Aug. 11, 2022 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty vehicles, announced the company hosted U.S. Senator, Dick Durbin, Congressman Bill Foster (IL-11), Illinois Governor J.B. Pritzker Illinois Manufacturer's Association President and CEO, Mark Denzler, and ComEd CEO, Gil Quiniones, Douglas Aburano, EPA Manager, Air Programs Branch, Mayor of Joliet, Bob O'Dekirk, and Haj Young, CEO of Econergy, as part of a preview of its upcoming Joliet, Illinois manufacturing facility.
A video recap of the event is available here: https://youtu.be/iHi7r9GgHB4
Images of the event are available at the following link: https://www.dropbox.com/sh/8geor0sborz0zur/AABRm7-NshSugenTn6iywE12a?dl=0
Guests at the event were invited to hear remarks regarding clean manufacturing investments being made by the Federal Government, as well as tour the facility and receive rides in Lion's all-electric heavy-duty commercial trucks and school buses.
"We are very pleased to be hosting Senator Durbin, Congressman Foster, Governor Pritzker, Mr. Denzler, Mr. Quiniones, Mr. Aburano Mayor O'Dekirk and Mr. Young in Joliet today to preview the progress being made at our facility, where we expect to start manufacturing 'Made-in-America' all-electric school buses by the end of the year. This gave them the opportunity to experience our zero-emission heavy-duty vehicles firsthand. The amount of support and excitement we have been receiving from organizations and stakeholders throughout Illinois has been remarkable, and we look forward to continuing to grow our ties in the state as we help to lead this new revival of clean manufacturing in the U.S.," said Brian Piern, Chief Commercial Officer at Lion Electric.
"In recent days Congress has worked to tackle some of the biggest challenges facing Americans today – from energy bills and climate change to supply chain constraints and polluted air – and we have made historic progress," U.S. Senator Dick Durbin said. "The Inflation Reduction Act makes key investments in American energy to both address climate change and bring down energy bills and would create new good-paying clean energy jobs in Illinois."
"I'm proud that manufacturers like Lion Electric are investing right here in Illinois and helping pave the way for our area to become a leader in the electric vehicle industry. With world-class National Laboratories like Fermi Accelerator National Laboratory and Argonne National Laboratory in such close proximity, this industry will be supported by cutting-edge research to drive the next generation of clean energy technology. These investments will provide our region's diverse and highly-skilled workforce with the tools to help build a cleaner, stronger economy for tomorrow," said Illinois Representative Bill Foster (IL-11).
"Here in Illinois, we are making our mark in the clean energy revolution," said Governor JB Pritzker. "Lion Electric, with its largest national footprint in Will County, is one of the companies at the forefront. Together, we are creating new jobs—and building a cleaner, more sustainable state, nation, and world."
"ComEd is proud to partner with Lion Electric to power their new facility in Joliet, which will play a critical role in helping meet increased demand for EVs here in Illinois and around the country," said Gil C. Quiniones, CEO of ComEd. "Working with partners from state and federal government and the business community, ComEd is committed to making the investments needed today to support our customers in making a transition to EVs and other clean technologies that will improve air quality and enhance the health of our communities most impacted by pollution. This collaboration is essential as we work to combat climate change and create a clean energy future for all in Illinois."
"Amazing and innovative manufacturers like Lion Electric are leading the way forward to a cleaner and more sustainable future. Manufacturers have reduced emissions more than any other sector since 1990 while increasing economic output. Zero-emission buses that will be built in Illinois and funded under the Clean School Bus Program will help school districts across the entire state update their fleets used to transport children, while Lion's heavy-duty all-electric trucks will aid in efforts to decarbonize commercial fleets," said Mark Denzler, President and CEO, Illinois Manufacturer's Association.
The event represents the second major congressional visit to Lion's upcoming state-of-the art manufacturing facility in Joliet, and highlighted investments being made in electrification as part of the Infrastructure Investment and Jobs Act (IIJA). The IIJA sets aside $5 billion in funding for the adoption of clean school buses to be administered by the EPA, along with $7.5 billion to build out critical charging infrastructure throughout the country to speed the transportation sector's transition to electrification. Applications for the EPA Clean School Bus program are open now with the first round of $500 million closing August 19. Lion believes it is ideally positioned to help customers apply for secure this funding with its dedicated grants team of industry experts.
Lion is building its 900,000 square foot facility in Joliet, which will be the company's largest footprint in the U.S. and will support Lion in addressing the increasing demand in the marketplace for "Made-in-America" zero-emission vehicles. The company is on track to begin commercial production of 100% electric vehicles in Joliet in the second half of 2022.
About Lion Electric
Lion Electric is an innovative manufacturer of zero-emission vehicles. The company creates, designs and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric buses and minibuses for the school, paratransit and mass transit segments. Lion is a North American leader in electric transportation and designs, builds and assembles many of its vehicles' components, including chassis, battery packs, truck cabins and bus bodies.
Always actively seeking new and reliable technologies, Lion vehicles have unique features that are specifically adapted to its users and their everyday needs. Lion believes that transitioning to all-electric vehicles will lead to major improvements in our society, environment and overall quality of life. Lion shares are traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol LEV.
Lion Electric, The Bright Move
Thelionelectric.com
This press release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian and United States securities laws, including the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not statements of historical fact, including statements about Lion's beliefs and expectations relating to the offer and sale of Common Shares under the ATM Program, are forward-looking statements and should be evaluated as such.
Forward-looking statements may be identified by the use of words such as "believe," "may," "will," "continue," "anticipate," "intend," "expect," "should," "would," "could," "plan," "project," "potential," "seem," "seek," "future," "target" or other similar expressions and any other statements that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. These forward-looking statements include statements regarding the offer and sale of Common Shares under the ATM Program, including the timing and amounts thereof, and the use of any proceeds from the ATM Program.
By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Such risks and uncertainties are described in greater detail in the Canadian Prospectus Supplement, the US Prospectus Supplement and section 23.0 entitled "Risk Factors" of the Company's annual MD&A for the fiscal year 2021. Many of these risks are beyond Lion's management's ability to control or predict. All forward-looking statements included in this press release are expressly qualified in their entirety by the cautionary statements contained herein and the risk factors included in the Canadian Prospectus Supplement, the US Prospectus Supplement, the Company's annual MD&A for the fiscal year 2021 and in other documents filed with the applicable Canadian regulatory securities authorities and the SEC.
Because of these risks, uncertainties and assumptions, readers should not place undue reliance on these forward-looking statements. Furthermore, forward-looking statements speak only as of the date they are made. Except as required under applicable securities laws, Lion undertakes no obligation, and expressly disclaims any duty, to update, revise or review any forward-looking information, whether as a result of new information, future events or otherwise.
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SOURCE Lion Electric | https://www.kxii.com/prnewswire/2022/08/11/lion-electric-hosts-senator-dick-durbin-us-congressman-bill-foster-illinois-governor-jb-pritzker-epa-labor-education-utility-officials-its-joliet-manufacturing-facility/ | 2022-08-11T15:17:41Z |
RABAT, Morocco (AP) — The European Commission vowed Friday to step up its work with Morocco to fight human smugglers who are using “new, extremely violent methods” — a move that comes two weeks after 23 people died at the border between Morocco and the Spanish enclave of Melilla.
EU Commissioner for Home Affairs Ylva Johansson and Spanish Interior Minister Fernando Grande-Marlaska met with Morocco’s Interior Minister Abdelouafi Laftit in Rabat to discuss the events of June 24, when hundreds of sub-Saharan migrants and asylum-seekers attempted to storm through a border post and scale a border fence into Melilla. In addition to the deaths, some 200 Moroccan and Spanish law enforcement officers and more than 70 civilians were injured.
“We have discussed how we can further cooperate on fighting the smugglers, preventing such violent and dangerous situation as we saw two weeks ago,” Johansson said in a video message after the meeting.
There were no further details on what exactly the new, violent methods being used by smugglers were but the European Commission said it would enhance police cooperation with Morocco, including with joint investigations.
Mustafa Baitas, a spokesman for the Moroccan government, said Thursday the events at the Nador-Mellila border were “planned and orchestrated” in a way that was not typical of other attempts to storm the border into Spain.
At the time, Moroccan authorities said the migrants had died as a result of a stampede. But several human rights organizations have called for an independent investigation into the deaths and condemned authorities on both sides of the border for excessive use of force. Morocco’s Human Rights Association says 27 migrants died, four more than Morrocan authorities have reported. Many of the victims were believed to be Sudanese, it tweeted.
“The Commissioner and the two ministers welcomed the fact-finding commission set up by the Moroccan National Human Rights Council,” the EU Commission statement said. Spanish prosecutors also announced last week they had launched an investigation into June 24.
Videos showing countless Black men lying on the ground that day, some motionless and bleeding as Moroccan officers stood over them, sparked public outrage and condemnation from the United Nations chief. Other images showed groups of men climbing a fence while hurling rocks at Moroccan anti-riot police and then collapsing on the ground.
“We profoundly lament the death of those migrants,” Grande-Marlaska said Friday while calling the events “a violent assault on our borders.”
Both Grande-Marlaska and Johansson praised Morocco for its work, which according to the European Commission has prevented 26,000 irregular departures and dismantled around 100 criminal trafficking networks.
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Follow AP’s coverage of migration issues at https://apnews.com/hub/migration | https://cw33.com/news/international/ap-international/eu-morocco-renew-migration-deal-after-spanish-border-deaths/ | 2022-07-09T01:36:36Z |
SAN FRANCISCO, Aug. 17, 2022 /PRNewswire/ -- Salesforce (NYSE: CRM), the global leader in CRM, today announced it has been named a Leader by Gartner Inc. in its 2022 Magic Quadrant for Digital Commerce. It is the seventh consecutive year that Salesforce has earned the recognition.
Salesforce was recognized as a Leader in this Magic Quadrant report based on its "Ability to Execute" and "Completeness of Vision."
"There is no shortage of digital shoppers in today's world," said Scot Gillespie, GM of Salesforce Commerce Cloud. "We believe Commerce Cloud empowers businesses to build the flexible, personalized commerce experiences that these shoppers want across every touch point on a highly trusted and scalable platform."
Gartner defines a digital commerce platform as "the core technology that enables customers to purchase goods and services through an interactive and usually self-service experience. The platform provides necessary information for customers to make buying decisions and uses rules and data to present fully priced orders for payment."
Commerce Cloud helps companies around the world build a personalized experience around their customers across every channel — all with a secure, trusted, and highly scalable platform that allows for the flexibility needed to adapt to market shifts.
Businesses grow on Commerce Cloud because it's a complete platform built for the entire connected customer journey, offering AI capabilities, a 360 degree view of every customer, the Salesforce partner ecosystem, and more. These features, along with integrations with Marketing Cloud, Service Cloud, Order Management, Salesforce Payments, and Experience Cloud, offer businesses better personalization, marketing, content management, customer service, and last mile capabilities that help them drive loyalty at every touchpoint throughout the shopper's journey.
In the last year, Commerce Cloud also unveiled Commerce Marketplace following its acquisition of Atonit, expanded Commerce for Social offerings, and released Composable Storefront. Additionally, Salesforce added to its B2B commerce offerings with Einstein AI recommendations and additional D2C functionality, and introduced new Order Management innovations
Additional Information
- A complimentary copy of the 2022 Gartner Magic Quadrant for Digital Commerce is available here.
- Learn more about Salesforce Commerce Cloud here.
*Source: Gartner, Magic Quadrant for Digital Commerce, Jason Daigler, Mike Lowndes, Yanna Dharmasthira, Sandy Shen, Penny Gillespie, and Aditya Vasudevan, 10 Aug 2022.
Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Appeared as Demandware in 2016 report. Demandware was acquired by Salesforce in 2016.
About Salesforce
Salesforce is the global leader in Customer Relationship Management (CRM), bringing companies closer to their customers in the digital age. Founded in 1999, Salesforce enables companies of every size and industry to take advantage of powerful technologies—cloud, mobile, social, internet of things, artificial intelligence, voice and blockchain—to create a 360° view of their customers. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.
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SOURCE Salesforce | https://www.wibw.com/prnewswire/2022/08/17/salesforce-positioned-leader-gartner-magic-quadrant-digital-commerce-seventh-consecutive-year/ | 2022-08-17T22:50:17Z |
BOCA RATON, Fla., June 20, 2022 /PRNewswire/ -- Florida Atlantic University has received the 2022 Innovation Award from Encoura Eduventures of Research. The Innovation Awards program was created to recognize and showcase the achievements of individuals and organizations that share Encoura's vision for innovating to improve outcomes that support critical areas of an institution.
"We believe thoughtful innovation can change the world and that is why we created this awards program, showcasing the best of higher education," said Cara Quackenbush, Eduventures senior vice president of research, Encoura. "For the sixth year, our winners have sought to address the unprecedented challenges facing our sector by creating new, actionable, and innovative initiatives that support a more equitable and inclusive opportunity for all students. We congratulate all of our 2022 winners."
Now in its sixth year, the Eduventures Innovation Awards program honors organizations and teams that are shaping the future of Higher Education. Entries are submitted in three categories and are designed to identify higher education institutions that have demonstrated significant innovations when developing and deploying programs that impact these areas of an institution:
- Enrollment: A new enrollment management strategy in a fast-changing environment
- Student Experience: A new approach to teaching and learning or student support
- Outcomes: A new effort to define and report student outcomes
FAU was awarded for its novel approach of using "team-based analytics" to break down organizational barriers so that students can progress toward timely completion of their degree programs. The initiative established cross-functional teams that launch and assess interventions to boost student outcomes, and the university created dashboards to visualize trends and leveraged predictive analytics. Using enhanced analytical tools, FAU streamlined cumbersome academic policies, launched more flexible curricula, and provided targeted financial assistance. By ensuring that actionable data made it directly into the hands of those who could make a difference for students, FAU overcame the obstacle of silos forming in terms of competing unit priorities and goals, as well as decentralized data centers.
"It is a great honor for Florida Atlantic to be nationally recognized for our innovative approach to delivering success for all students - regardless of background," said FAU Interim Provost Michele Hawkins. "We are proactive and use evidence to keep a record number of students on track for timely graduation, so that they can drive our regional and state workforce."
Judges select winners from written applications and, if needed, follow-up interviews. Entries are scored on value to the institution, innovation, and relevance to the mission of the school and are announced in conjunction with Eduventures Annual Summit.
About Florida Atlantic University: Florida Atlantic University, established in 1961, officially opened its doors in 1964 as the fifth public university in Florida. Today, the University serves more than 30,000 undergraduate and graduate students across six campuses located along the southeast Florida coast. In recent years, the University has doubled its research expenditures and outpaced its peers in student achievement rates. Through the coexistence of access and excellence, FAU embodies an innovative model where traditional achievement gaps vanish. FAU is designated a Hispanic-serving institution, ranked as a top public university by U.S. News & World Report and a High Research Activity institution by the Carnegie Foundation for the Advancement of Teaching. For more information, visit www.fau.edu.
Encoura, LLC, a wholly owned subsidiary of ACT, is an educational data science and research organization serving over 2,000 member institutions comprised of public and private colleges and universities across the nation. Since 1972, Encoura has been a leading provider of data science, technology, and programs serving students, high school educators, colleges, and universities from its offices in Austin, TX and Boston, MA. These solutions represent the link between students making important life decisions and those providing the resources and information they need to succeed in their post-secondary educations and careers. For more information, visit https://encoura.org.
Issue on behalf of Newswise, online resource for knowledge-based news at www.newswise.com
Media Contact: Lisa Metcalf
Senior Media Relations Director, University News
lmetcalf@fau.edu
Phone: 561-297-2676
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SOURCE Florida Atlantic University | https://www.wibw.com/prnewswire/2022/06/20/fau-receives-2022-innovation-award-encoura-eduventures-research/ | 2022-06-20T14:39:11Z |
PITTSBURGH, June 21, 2022 /PRNewswire/ -- "My Dad works at a sign and awning company where they are always using extension cords and they often wear out and need to be replaced," said one of the three inventors from Nutley, N.J. "so we invented the EXTENSION SAVER."
The patent-pending invention eliminates the inconvenience of having to stop to reconnect electrical cords. It prevents the loosening of the plug ends of electrical cords, and the need to replace them and ensures that a true, continuous connection is maintained. The EXTENSION SAVER can be utilized in both residential and commercial settings and its universal size can be used with any sized cords. It is easy to use, convenient and safe.
The original design was submitted to the New Jersey sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-NJD-2319, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/06/21/inventhelp-inventors-develop-an-accessory-extension-cords-njd-2319/ | 2022-06-21T19:59:19Z |
NEW YORK, Aug. 8, 2022 /PRNewswire/ — Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its second quarter 2022 results. GAAP net income attributable to common shareholders for the quarter was $2.2 million, or $0.04 per share of common stock. Distributable earnings for the quarter was $2.5 million, or $0.05 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com.
Conference Call and Webcast Information
The Company will also host a conference call on Tuesday, August 9, 2022, at 8:30 a.m. ET to provide a business update and discuss the financial results for the second quarter of 2022. The conference call may be accessed by dialing 1-888-336-7151 (US) or 1-412-902-4251 (International). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust call. A live webcast, on a listen-only basis, is also available and can be accessed through the URL:
For those unable to listen to the live broadcast, a recorded replay will be available for on-demand viewing approximately one hour after the end of the event through the Company's website https://lumentfinancetrust.com/ and by telephone dial-in. The replay call-in number is 1-877-344-7529 (US) or 1-412-317-0088 (International) with passcode 1350754.
Non-GAAP Financial Measures
In this release, the Company presents certain financial measures that are not calculated according to generally accepted accounting principles in the United States ("GAAP"). Specifically, the Company is presenting distributable earnings, which constitutes a non-GAAP financial measure within the meaning of Item 10(e) of Regulation S-K and is net income under GAAP. While we believe the non-GAAP information included in this press release provides supplemental information to assist investors in analyzing our results, and to assist investors in comparing our results with other peer issuers, these measures are not in accordance with GAAP, and they should not be considered a substitute for, or superior to, our financial information calculated in accordance with GAAP. The methods of calculating non-GAAP financial measures may differ substantially from similarly titled measures used by other companies. Our GAAP financial results and the reconciliations from these results should be carefully evaluated.
Distributable Earnings
Distributable Earnings is a non-GAAP measure, which we define as GAAP net income (loss) attributable to holders of common stock computed in accordance with GAAP, including realized losses not otherwise included in GAAP net income (loss) and excluding (i) non-cash equity compensation, (ii) depreciation and amortization, (iii) any unrealized gains or losses or other similar non-cash items that are included in net income for that applicable reporting period, regardless of whether such items are included in other comprehensive income (loss) or net income (loss), and (iv) one-time events pursuant to changes in GAAP and certain material non-cash income or expense items after discussions with the Company's board of directors and approved by a majority of the Company's independent directors. Distributable Earnings mirrors how we calculate Core Earnings pursuant to the terms of our management agreement between our Manager and us, or our Management Agreement, for purposes of calculating the incentive fee payable to our Manager.
While Distributable Earnings excludes the impact of any unrealized provisions for credit losses, any loan losses are charged off and realized through Distributable Earnings when deemed non-recoverable. Non-recoverability is determined (i) upon the resolution of a loan (i.e. when the loan is repaid, fully or partially, or in the case of foreclosures, when the underlying asset is sold), or (ii) with respect to any amount due under any loan, when such amount is determined to be non-collectible.
We believe that Distributable Earnings provides meaningful information to consider in addition to our net income (loss) and cash flows from operating activities determined in accordance with GAAP. We believe Distributable Earnings is a useful financial metric for existing and potential future holders of our common stock as historically, over time, Distributable Earnings has been a strong indicator of our dividends per share of common stock. As a REIT, we generally must distribute annually at least 90% of our taxable income, subject to certain adjustments, and therefore we believe our dividends are one of the principal reasons stockholders may invest in our common stock. Furthermore, Distributable Earnings help us to evaluate our performance excluding the effects of certain transactions and GAAP adjustments that we believe are not necessarily indicative of our current loan portfolio and operations, and is a performance metric we consider when declaring our dividends.
Distributable Earnings does not represent net income (loss) or cash generated from operating activities and should not be considered as an alternative to GAAP net income (loss), or an indication of GAAP cash flows from operations, a measure of our liquidity, or an indication of funds available for our cash needs.
About LFT
LFT is a Maryland corporation focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The Company primarily invests in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets.
LFT is externally managed and advised by OREC Investment Management, LLC d/b/a Lument Investment Management, a Delaware limited liability company.
Additional Information and Where to Find It
Investors, security holders and other interested persons may find additional information regarding the Company at the SEC's Internet site at http://www.sec.gov/ or the Company website www.lumentfinancetrust.com or by directing requests to: Lument Finance Trust, 230 Park Avenue, 20th Floor, New York, NY 10169, Attention: Investor Relations.
Forward-Looking Statements
Certain statements included in this press release, any related webcast / conference call, and other oral statements made by our representatives from time to time may constitute forward-looking statements intended to qualify for the safe harbor contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. You can identify forward-looking statements by use of words such as "believe," "expect," "anticipate," "project," "estimate," "plan," "continue," "intend," "should," "may," "will," "seek," "would," "could," or similar expressions or other comparable terms, or by discussions of strategy, plans or intentions. Statements regarding the following subjects, among others, may be forward-looking: the return on equity; the yield on investments; the ability to borrow to finance assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. Forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us on the date of this press release or the date on which such statements are first made. Actual results may differ from expectations, estimates and projections. You are cautioned not to place undue reliance on forward-looking statements in this press release and/or any related webcast / conference call and should consider carefully the factors described in Part I, Item IA "Risk Factors" in our annual reports on Form 10-K, our quarterly reports on Form 10-Q, and other current or periodic filings with the Securities and Exchange Commission ("SEC"), when evaluating these forward-looking statements. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond our control. Additionally, many of these risks and uncertainties are currently amplified by and will continue to be amplified by, or in the future may be amplified by, the COVID-19 outbreak. Additional information concerning these and other risk factors are contained in our Annual Report on Form 10-K for the year-ended December 31, 2021, which is available on the Securities and Exchange Commission's website at www.sec.gov. Except as required by applicable law, we disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Lument Finance Trust, Inc. | https://www.kxii.com/prnewswire/2022/08/08/lument-finance-trust-reports-second-quarter-results/ | 2022-08-08T21:45:44Z |
Amphe-Lite fiber optic termini transmits an optical laser with high speed and high reliability
ENDICOTT, N.Y., July 27, 2022 /PRNewswire/ -- Amphenol Industrial Operations, a global leader in interconnect systems, has enhanced its Amphe-Lite connector series to meet the increasing demand of fiber optic interconnection applications in the medical, oil and gas, security and grid industries. Amphe-Lite fiber optic termini transmits an optical laser with high speed, high reliability, EMI/RFI immune, digital data transmission in harsh environments.
Technical Specifications
- 200 and 600 MHz/km of bandwidth
- 500 mating cycles
- Compatible with MIL-DTL-38999 shell
- Spring-loaded contacts
- Ceramic alignment sleeves
Designed to interconnect fiber optic channels by providing precise alignment, tight contact and strong protection, this fiber optic solution is light weight for applications where total system weight is a factor; features an acceptable insertion loss when the distance is over 1KM; as well as offers 200 and 600 MHz/km of bandwidth when there is an enormous amount of information to carry.
These versatile connectors are shock and vibration resistant and can withstand 500 mating cycles. The Amphe-Lite fiber optic termini is compatible with MIL-DTL-38999 shell and have excellent adaptability in a size 16 cavity. They are designed and manufactured to be equivalent to MIL-PRF-29504/4&5.
This enhanced connector series features a ceramic alignment sleeve that ensures accurate fiber to fiber alignment. Connector sockets have a threaded protective shroud that is manufactured from rugged plastics. The contacts are spring-loaded to ensure consistent mating.
For full news release and hi-res photo: https://bit.ly/Amphe-Lite_PR
For more information please contact publicrelations@simongroup.com
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SOURCE Amphenol Industrial Operations | https://www.mysuncoast.com/prnewswire/2022/07/27/enhanced-connector-series-amphenol-used-fiber-optic-interconnection-applications/ | 2022-07-27T16:49:37Z |
ROCKVILLE, Md. and SUZHOU, China, Sept. 4, 2022 /PRNewswire/ -- Innovent Biologics, Inc. (Innovent) (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high quality medicines for the treatment of oncology, metabolic, autoimmune, ophthalmology and other major diseases, announces that the first participant has been successfully dosed in the higher-dose cohort of a phase 2 clinical trial of mazdutide (R&D Code: IBI362), a glucagon-like peptide 1 receptor (GLP-1R) and glucagon receptor (GCGR) dual agonist, in Chinese adults with obesity.
This randomized, double-blinded, placebo-controlled study (ClinicalTrials.gov, NCT04904913) was designed to evaluate the efficacy and safety of mazdutide in Chinese participants with overweight or obesity. Results for the low dose cohorts (3.0 mg, 4.5 mg and 6.0 mg) were disclosed in June of this year and the primary endpoint was met. At Week 24, each dose of mazdutide showed significant efficacy on body weight loss compared with placebo in a dose-dependent manner and brought multiple cardio-metabolic benefits to participants; meanwhile, mazdutide was well tolerated and the overall safety profile was similar to other drugs of the same class. In addition, mazdutide titrated to 9 mg showed a good safety profile and a 12-week body weight loss of 11.7% in the phase 1b study (ClinicalTrials.gov, NCT04440345). Based on these results, Innovent will further evaluate the efficacy and safety for a higher dose (9.0 mg) mazdutide in Chinese patients with obesity (BMI ≥ 30 kg/m2). A total of 80 participants are planned to be enrolled and will be randomized in a 3:1 ratio to receive mazdutide 9.0 mg or placebo for 24 weeks. The primary endpoint was the percent change from baseline in body weight at Week 24.
Professor Linong Ji, the principal investigator of the study, Peking University People's Hospital, stated, "Obesity is associated with a variety of chronic non-communicable diseases and is listed as one of the important risk factors affecting the disease burden. The prevalence and growth rate of obesity in China rank first in the world[1], and drugs that can achieve effective and safe weight loss are therefore urgently needed in the clinic. Clinical studies of mazdutide in overweight or obese population have demonstrated significant efficacy on body weight loss and comprehensive metabolic improvement. Treatment of mazdutide 6.0 mg for 6 months resulted in 11.6% body weight loss in participants in the low-dose cohorts of the phase 2 study, demonstrating its best-in-class potential. I am confident that a 9.0 mg dose of mazdutide will show even more satisfactory efficacy on body weight loss and will offer a new treatment option for participant with moderate to severe obesity."
Dr. Lei Qian, Vice President of Clinical Development at Innovent, stated, "In the Phase 2 study in Chinese participants with overweight or obesity, low-dose mazdutide showed robust efficacy on body weight loss and multiple improvement in metabolic parameters, reflecting the Best-in-Class potential of mazdutide among GLP-1 receptor agonists and co-agonists. To further extend its clinical utility, we will continue to explore the clinical benefit of mazdutide 9.0 mg in adults with obesity (BMI ≥ 30 kg/m2). The result of the phase 1 study suggests that mazdutide is the first single-agent anti-obesity molecule, among all approved or under development, that achieves a 12-week body weight loss by more than 11.5%. We hope that the higher-dose mazdutide will provide a safer, bariatric surgery-like and more accessible treatment option to patients with obesity."
About Overweight and Obesity
China has the largest obese population in the world, with obesity rate likely to increase. Obesity can lead to a range of complications or related diseases that impact life expectancy and deteriorate quality of life. In more severely obese patients, the incidence and mortality of cardiovascular disease, diabetes, and certain tumors increase significantly. Obesity is a chronic disease that requires long-term management, and there is a lack of long-term effective and safe treatments. Lifestyle intervention is the first choice and basic treatment for patients with overweight or obesity. However, a considerable percentage of patients fail to achieve the desired weight loss goal upon lifestyle intervention due to various reasons and may require pharmacological intervention. Traditional anti-obesity drugs have limited weight-loss effects and are associated with safety issues.
About Mazdutide
Innovent entered into a licensing agreement with Eli Lilly and Company (Lilly) for the development and potential commercialization of OXM3 (also known as mazdutide), a GLP-1R and GCGR dual agonist, in China. In parallel, Lilly is developing OXM3 outside China. Mazdutide is a long-acting synthetic peptide related to mammalian oxyntomodulin (OXM), which uses a fatty acid side chain to prolong the duration of action and allow once-weekly administration. Mazdutide is thought to exert its biological effects by activating GLP-1 receptor and glucagon receptor in human beings, which improves glucose tolerance and induces weight loss, mimicking the effects of endogenous oxyntomodulin.
In addition to the effects of GLP-1 receptor agonists on promoting insulin secretion, lowering blood glucose and reducing body weight, mazdutide may also increase energy expenditure and improve hepatic fat metabolism through the activation of glucagon receptor. The treatment of metabolic diseases by activating multiple metabolism-related targets simultaneously is currently the worldwide trend in drug development.
About Innovent
Inspired by the spirit of "Start with Integrity, Succeed through Action," Innovent's mission is to develop, manufacture and commercialize high-quality biopharmaceutical products that are affordable to ordinary people. Established in 2011, Innovent is committed to developing, manufacturing and commercializing high-quality innovative medicines for the treatment of cancer, autoimmune, metabolic, ophthalmology and other major diseases. On October 31, 2018, Innovent was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code: 01801.HK.
Since its inception, Innovent has developed a fully integrated multi-functional platform which includes R&D, CMC (Chemistry, Manufacturing, and Controls), clinical development and commercialization capabilities. Leveraging the platform, the company has built a robust pipeline of 34 valuable assets in the fields of cancer, metabolic, autoimmune disease and other major therapeutic areas, with 7 products – TYVYT® (sintilimab injection), BYVASDA® (bevacizumab biosimilar injection), SULINNO® (adalimumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection), Pemazyre® (pemigatinib oral inhibitor) , NAILIKE (olverembatinib) and Cyramza® (ramucirumab), 3 asset under NMPA NDA review, 4 assets in Phase 3 or pivotal clinical trials, and an additional 20 molecules in clinical studies.
Innovent has built an international team with advanced talent in high-end biological drug development and commercialization, including many global experts. The company has also entered into strategic collaborations with Eli Lilly and Company, Sanofi, Adimab, Incyte, MD Anderson Cancer Center and other international partners. Innovent strives to work with many collaborators to help advance China's biopharmaceutical industry, improve drug availability and enhance the quality of the patients' lives. For more information, please visit: www.innoventbio.com. and www.linkedin.com/company/innovent-biologics/.
Note:
TYVYT® (sintilimab injection) is not an approved product in the United States.
BYVASDA® (bevacizumab biosimilar injection), SULINNO®, and HALPRYZA® (rituximab biosimilar injection) are not approved products in the United States.
TYVYT® (sintilimab injection, Innovent)
BYVASDA® (bevacizumab biosimilar injection, Innovent)
HALPRYZA® (rituximab biosimilar injection, Innovent)
SULINNO® (adalimumab biosimilar injection, Innovent)
Pemazyre® (pemigatinib oral inhibitor, Incyte Corporation). Pemazyre® was discovered by Incyte Corporation and licensed to Innovent for development and commercialization in Mainland China, Hong Kong, Macau and Taiwan.
CYRAMZA® (ramucirumab, Eli Lilly). Cyramza® was discovered by Eli Lilly and licensed to Innovent for commercialization in Mainland China.
Disclaimer:
1. This indication is still under clinical study, which hasn't been approved in China.
2. Innovent does not recommend any off-label usage.
Forward-looking statement
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Innovent, are intended to identify certain of such forward-looking statements. The Company does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of the Company with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, the Company's competitive environment and political, economic, legal and social conditions.
The Company, the Directors and the employees of the Company assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialise or turn out to be incorrect.
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SOURCE Innovent Biologics | https://www.wibw.com/prnewswire/2022/09/05/innovent-announces-first-participant-dosed-higher-dose-cohort-phase-2-clinical-trial-mazdutide-chinese-adults-with-obesity/ | 2022-09-05T01:41:27Z |
Comfort Inn, Comfort Suites, and Comfort Inn & Suites properties griddle up gratitude coast-to-coast as Choice Hotels brings back annual festivities and sweepstakes
ROCKVILLE, Md., Aug. 24, 2022 /PRNewswire/ -- In celebration of National Waffle Day, Choice Hotels International Inc.'s (NYSE: CHH) flagship Comfort Hotels brand is bringing back its popular #ComfortSaysThanks campaign, uniting breakfast lovers nationwide in recognition of hometown heroes.
"For us, the only thing sweeter than a Comfort waffle is working together with franchisees and guests to pay it forward," said Heather Price-Garcia, senior director, signature brands, Choice Hotels. "National Waffle Day began as a simple nod to the brand's signature hearty and healthy breakfast offerings, but quickly evolved into a nationwide giving campaign we could not be more pleased to support. Hometown heroes are essential for supporting the well-being of our communities and honoring all they do truly underscores the warm, welcoming experience Comfort embodies."
Throughout the month of August, nearly 100 participating Comfort hotels around the country are inviting community service groups—such as teachers, first responders and volunteers—to enjoy a free, hot breakfast featuring the brand's famous waffles to say "thanks" for doing their part to help shape the community for the better.
As part of this year's #ComfortSaysThanks campaign, the Comfort brand is donating 100 waffle kits—complete with a waffle iron, batter, syrup, and accessories—to local organizations selected by Comfort hotel owners. Additionally, Comfort and Golden Malted is giving 25 lucky waffle lovers the chance to win their own waffle kit. From 12:00 a.m. to 11:59 p.m. ET on Wednesday, August 24, waffle lovers who share their favorite waffle toppings and use #ComfortWaffleRaffle2022 on Choice Hotels' Waffle Day posts on Instagram, Facebook, and Twitter will be entered to win.
"People love the Comfort waffles—from blueberry and strawberry to chocolate and cinnamon, in addition to the signature, original flavor that started it all. Every year, our owners look forward to National Waffle Day when they can combine their favorite breakfast food with giving back to the people who give so much to the community. This day marks one of many reasons why we're proud to be a part of the Comfort family," said John Wang, Choice Hotels franchisee and owner of the Comfort Inn Murrieta Temecula Wine Country.
For more information about the #ComfortSaysThanks campaign and to enter the sweepstakes, visit www.choicehotels.com/comfort-inn/waffle-day, on August 24, 2022.
About Comfort®
The Comfort brand, franchised by Choice Hotels, has been trusted by travelers and hotel owners for nearly 40 years. With over 2,100 hotels open worldwide, Comfort Inn®, Comfort Inn & Suites®, and Comfort Suites® properties are ready to welcome business and leisure travelers everywhere they need to be. The Comfort brand family recently completed a multiyear transformation initiative that resulted in updated guest rooms, refreshed public spaces, and a new, modern logo—signaling to guests on the outside of the hotel that something's new on the inside. As the largest 100% smoke-free hotel brand in North America, Comfort hotels offer complimentary amenities that include a hot, hearty, and healthy breakfast, free Wi-Fi, business center, and fitness center or swimming pool at most locations. For more information, visit www.choicehotels.com/comfort-hotels.
About Choice Hotels®
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. On August 11, 2022, Choice acquired Radisson Hotels Americas, adding nine brands, more than 600 hotels, and approximately 67,000 rooms in the United States, Latin America, the Caribbean, and Canada to its portfolio. With 22 brands, Choice Hotels has more than 7,500 hotels, and nearly 650,000 rooms, in 46 countries and territories as of August 11, 2022. The Choice® family of hotel brands provide business and leisure travelers with a broad range of high-quality lodging options from limited service to full-service hotels in the upper upscale, upper mid-scale, midscale, extended-stay and economy segments. The award-winning Choice Privileges® loyalty program offers members a faster way to rewards, with personalized benefits starting on day one. For more information, visit www.choicehotels.com.
© 2022 Choice Hotels International, Inc. All rights reserved.
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SOURCE Choice Hotels International, Inc. | https://www.kxii.com/prnewswire/2022/08/24/comfort-hotels-unites-breakfast-lovers-national-waffle-day-by-honoring-local-heroes/ | 2022-08-24T15:35:37Z |
AUSTIN, Texas, June 8, 2022 /PRNewswire/ -- LP FIRST CAPITAL ("LP First Capital"), a private equity firm with offices in Austin and New York, announced today that, in partnership with GP Capital Partners, LP ("GP Capital Partners"), a Houston-based private credit and equity investment firm, it has formed National Cyber Group, LLC ("National Cyber Group"), a cybersecurity workforce accelerator equipped to attract, train, and transmit career-seekers into entry-and-mid-level jobs as the nation's 'Elite Cybersecurity Corps.'
Headquartered in the Washington, D.C. metro area, National Cyber Group combines the forces of America's most-known name in foundational IT certification training, Total Seminars, and the disruptive, hands-on cyber training program, CyberNow Labs. These organizations, together with new job placement and staffing solutions provided by National Cyber Group and supported by many of America's cybersecurity leaders, coordinated by Cyberspace Solarium Commission Senior Advisor, Philip Niedermair, offer a unique formula for cybersecurity workforce development, a critical enabler to address America's current 2-million-person cyber talent deficit.
The investment by GP Capital Partners consisted of senior secured term debt and a direct equity investment. These proceeds, in addition to equity raised by LPFC, funded the acquisition of the two foundational companies and position National Cyber Group to grow and scale the platform over the next few years.
In partnership with the founders of Total Seminars and CyberNow Labs, David Moon, a respected cybersecurity executive, is serving as National Cyber Group CEO. "I'm proud to lead this national initiative and to deliver on the promise of providing affordable and accessible opportunities for cybersecurity career-seekers and employers alike," said Moon.
"The formation of National Cyber Group is a direct response to the current cyber talent deficit, and is the collective work of mission-motivated, enterprising individuals who love America and have together taken initiative to create a nationally needed capability, that also changes peoples' lives for the better every day, said Gabe Schrade, a Managing Director at LP First Capital.
"Closing the cyber talent gap is both a national imperative and a huge business opportunity," said Thomas Ince, a Managing Director at LP First Capital. "We believe National Cyber Group is one of many solutions our country's needs, and we are looking forward to a long-lasting partnership filled with success."
Gina Luna, Managing Partner of GP Capital Partners, added, "We are very enthusiastic about this investment in a business that is addressing a dire human capital and cybersecurity issue that impacts thousands of entities across the country. This is a great example of a company that is doing well while doing good."
In recognition of their contribution, National Cyber Group extends special appreciation to ADM Bill Studeman, LTG Hernandez, Mr. Dick Schaeffer, MG Jim Keffer, CAPT Ed Devinney, COL Matt Dunlop, LTC John Quigg, COL Jon Brickey, Ms. Judith Emmel, Mr. and Mrs Ron and Cyndi Gula, Mr. Peter Watts, LTC Rick Howard, RADM Mark Montgomery, Mr. Harry Coker, Mr. Mark Loepker, Mr. Shawn Henry and Mr. Simon Hunt.
McGuireWoods LLP and Porter Hedges LLP provided legal counsel to LP First Capital and GP Capital Partners.
LP First Capital is a private investment firm with experience creating super-regional and national platforms by leveraging its expertise in mergers & acquisitions, profit center integration, and team building to drive performance. Headquartered in Austin, TX, LP First Capital maintains an active presence in much of the Southeast and Midwest markets as it continues to take interest in building best-in-class businesses within traditionally fragmented industries. Learn more at LPFirstCapital.com.
GP Capital Partners is a Houston-based private credit and equity investment firm licensed as a Small Business Investment Company ("SBIC") by the U.S. Small Business Administration. The Fund supports growth and later stage small businesses in the lower middle market through flexible capital solutions and strategic guidance. The Fund generally targets companies with at least $10 million of revenue and $2-10 million of EBITDA, with proven business models and seasoned management teams. Founded and managed by four experienced investment professionals with broad regional relationships, GP Capital Partners is committed to partnering with the companies and management teams in which it invests to facilitate growth, transition, and success. Learn more at genesis-park.com.
Headquartered in the Washington D.C. metro area, National Cyber Group offers cybersecurity workforce development and talent solutions by combining the forces of America's most-known name in foundational IT certification training, Total Seminars, and the most hands-on cyber training program, CyberNow Labs, with new job placement and staffing solutions to attract, train and transmit thousands of career-seekers into entry-and-mid-level jobs as the nation's 'Elite Cybersecurity Corps.' Learn more at NationalCyber.com.
Through over 28 years in business, including over 2 million books in print and over 1 million trained via video courses, Total Seminars is America's most-known name in foundational IT certification training. Founded in 1995 by Dudley Lehmer and Mike Meyers, who saw the need to make IT training more approachable for the masses, Total Seminars is now credited with trail-blazing 'blue-collar' IT training through its best-selling series of books, videos, lab simulations and practice tests focused on the 'Big 3' foundational IT certs (CompTIA A+, Network+, Security+). Learn more at TotalSem.com.
CyberNow Labs has solved the technology barrier which confines many industry bootcamps to synthetic, 'project-based' training. Through engineering a fully functional, enterprise grade Security Operations Center (SOC), CyberNow Labs offers a fully online, 20-week training program with a unique hands-on experience that enables students to perform the work of cybersecurity –defending live cyber-attacks on live networks using real integrated industry technology. CyberNow Labs was founded in 2018 by Omer Arslan and Hasan Eksi, who each have at least ten years of experience as cybersecurity professionals, saw the need for affordable, accessible, and hands-on cybersecurity training for Security Operation Center Analysts. Learn more at CyberNowLabs.com.
Media Contact: Tricia Sacchetti, tsacchetti@nationalcyber.com
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SOURCE National Cyber Group | https://www.kxii.com/prnewswire/2022/06/08/lp-first-capital-gp-capital-partners-form-national-cyber-group-address-cybersecurity-workforce-gap/ | 2022-06-08T16:42:40Z |
New Jersey-based GAF Materials will create more than 135 jobs and invest $146 million during the next six years on the new plant it plans to build in Valdosta.
ATLANTA — North America’s largest roofing and waterproofing manufacturer will build a new manufacturing plant in Valdosta, expanding Georgia operations that already employ 225 workers.
New Jersey-based GAF Materials will create more than 135 jobs and invest $146 million during the next six years on the new plant, which will support its commercial roofing operations. Construction will begin this fall.
The company already operates plants in Savannah, Statesboro and Cumming.
“I’m proud to see GAF expanding its footprint here in the best state for business,” Gov. Brian Kemp said. “Their decision to continue to grow here will create further opportunities in Valdosta and the surrounding area.”
GAF has signed an agreement to purchase 130 acres at an industrial park that has been certified by the Georgia Department of Economic Development as ready for fast-track industrial projects.
Company officials said Valdosta was selected because of its location relative to other GAF operations, its proximity to major highways and railways, and the region’s talented work force.
“Adding another manufacturing plant in Georgia will help ensure that our customers get the GAF products they need as quickly and efficiently as possible,” Jim Schnepper, the company’s CEO, said.
The economic development department’s Global Commerce team worked on the project in partnership with the Valdosta-Lowndes County Industrial Authority and Georgia Power.
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Which 4K monitors are best?
As technology gets better, you naturally want to keep up with the trends. Especially for video games, the best visual quality will provide an immersive experience. The only way to do that, however, is to upgrade your hardware for 4K content.
To get the best all-around experience, the Asus ROG Strix 43-Inch Monitor is a great option. Not only does it support 4K, but it also has a refresh rate of 120 hertz and uses AMD’s FreeSync 2 to reduce any screen tearing.
What to know before you buy a 4K monitor
Make sure your hardware is compatible
It’s great if you have a monitor that can display 4K content, but you won’t get very far if your computer’s hardware isn’t compatible. If you’re going to use the monitor on your computer, you must have a graphics card for 4K gaming. The Xbox One S and One X supports 4K gaming, so you shouldn’t have any problems with gaming consoles.
The size of the monitor
Everybody wants to play on the biggest screen available, but that isn’t always practical. The screen’s size will seemingly enhance your experience, but it doesn’t mean that it will make you a better gamer. Consider what the ideal size would be, and keep in mind things like desk space, mounting options, and most importantly, the price.
The refresh rate will smooth out gameplay
A 4K monitor is the easiest way to increase your gaming enjoyment, but it won’t necessarily be the smoothest if the refresh rate can’t keep up. The refresh rate determines how fast the monitor can display each frame. Most popular titles can be played at 60 frames per second or 60 hertz, and your monitor would need to exceed that to maximize its full potential.
What to look for in a quality 4K monitor
Connectivity to your monitor
There are several connections methods that you can use to connect your monitor to your computer. The standard HDMI cable is widely used, but a good-quality monitor will also accommodate a DisplayPort. Other connections that you should look out for include USB ports and a headphones jack.
G-Sync and FreeSync for reduced screen tearing
Artifacts and screen tearing are unfortunately something that every gamer has to deal with. It happens when the monitor can’t keep up with the game’s frame rate, causing ugly lines and stuttering. Having a high refresh rate helps to reduce it, but many good-quality monitors will incorporate Nvidia’s G-Sync or AMD’s FreeSync technology. This added system, built into the monitor, greatly reduces the occurrence of screen tearing.
High Dynamic Range for better color production
4K monitors produce amazing visuals, but that can be made even more impressive if the monitor has High Dynamic Range (HDR) technology. This allows the monitor to produce lifelike colors, which are often more vibrant and clear when compared to other monitors.
How much you can expect to spend on a 4K monitor
The average price of a 4K monitor is dependent on the functions and the screen size. An entry-level monitor can retail for $100-$200, while a large monitor packed with features can retail for $600-$1,000.
4K monitor FAQ
Is it worth getting an ultrawide monitor?
A. That will depend on what you want to use the monitor for. If you don’t have enough space on your desk for two monitors, then an ultrawide might be for you. Keep in mind that most games don’t support ultrawide monitors, and you’ll see thick black strips on either side as it compensates for the aspect ratio.
Can you mount a 4K monitor?
A. Most monitors, including 4K models, can be mounted as long as they are compatible with the VESA mounting system. Special brackets are made to line up with the mounting holes at the back, which allows the monitor to be affixed to a wall or placed on a monitor stand.
What’s the best 4K monitor to buy?
Top 4K monitor
Asus ROG Strix XG438Q 43-Inch Gaming Monitor
What you need to know: This monitor has a mammoth 43-inch display, which will show you the most intricate of details.
What you’ll love: ASUS is well-known for making gaming peripherals, and this 4K monitor is proof of its dedication. It has a refresh rate of 120 hertz, one DisplayPort connection, three HDMI ports, a headphones jack and two USB ports. The monitor has an aspect ratio of 16:9, built-in HDR and is compatible with AMD’s FreeSync 2.
What you should consider: The screen’s size might be too large for most computer gamers and would be better suited for console players.
Where to buy: Sold by Amazon
Top 4K monitor for the money
Samsung UE57 Series 28-Inch 4K UHD
What you need to know: This monitor has been optimized for those who work from home or enjoy video games on a computer.
What you’ll love: This 4K monitor from Samsung has a maximum resolution of 3840 x 2160, has a one-millisecond response time and is compatible with AMD graphics cards that use FreeSync. For those working from home, the monitor features a split-screen function and has two HDMI ports and one DisplayPort.
What you should consider: This monitor has a refresh rate of 60 hertz, which is perfect for gaming. Higher frame rates could stutter.
Where to buy: Sold by Amazon
Worth checking out
Asus TUF Gaming VG289Q1A 28-inch HDR Monitor
What you need to know: This 28-inch monitor is the perfect companion for computer gamers as it produces smooth visuals at an affordable price.
What you’ll love: With a maximum resolution of 3840 x 2160, this 4K monitor supports AMD’s FreeSync technology, has HDR for a better color spectrum and the display makes use of In-Plane Switching (IPS). It has two HDMI connections and one DisplayPort connection.
What you should consider: While most video games support 60 frames per second, this monitor has a refresh rate of only 60 hertz. That means 4K content on streaming services with a higher frame rate might stutter or tear.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/computer-monitors-br/best-4k-monitor/ | 2022-04-07T06:29:27Z |
Statement by Robin Koval, CEO and President, Truth Initiative
WASHINGTON, June 23, 2022 /PRNewswire/ -- Today's announcement by the Food and Drug Administration to deny marketing authorizations for all JUUL e-cigarettes, thereby making them an illegally marketed product, is a huge public health victory that will save lives and protect millions of teens and young adults from the harms of nicotine use and risks of addiction. We applaud the Biden Administration and FDA for taking this urgently necessary and long-awaited action that clearly acknowledges the significant role JUUL played in igniting the ongoing youth e-cigarette epidemic, one that the U.S. Surgeon General says has had a negative impact on the physical and mental health of America's youth. By holding JUUL accountable and prioritizing public health over corporate profiteering, the FDA is making the right decision – one that we, with our public health partners, have been urgently calling for along with the removal of all flavored e-cigarettes, including menthol.
FDA noted in its denial of JUUL's application that there was insufficient toxicological evidence to determine that keeping them on the market would be "appropriate for the protection of public health" – the standard by which FDA must evaluate tobacco products. The history of JUUL makes it clear that these products – owned in part by Altria, the maker of Marlboro – have no place in our society. Congressional hearings in 2019 about JUUL's role in the youth e-cigarette crisis provided, with the company's own testimony and documents, startling evidence that since virtually day one of its existence, the company employed numerous strategies and tactics targeting young people, including the use of social media influencers, attempts to infiltrate school programs, and even funding summer camp programs for children as young as eight. The result, by 2018 JUUL had captured an astonishing 75% share of the e-cigarette market and even more shocking had been the driver behind a youth vaping rate that at its peak included 27.5% of high school students as regular e-cigarette users and was so ubiquitous in youth culture that school bathrooms were dubbed "JUUL rooms."
Now that the FDA has taken action on the brand that ignited the youth vaping epidemic, the agency must accelerate progress and act without further delay on the other e-cigarette products that are sustaining it by continuing to target youth. The agency must immediately prioritize completing its review of the top brands that make up the majority of the total e-cigarette market and are most popular among youth, including Vuse Alto, Logic, NJOY, Blu, and newcomer Elf Bar. The FDA must also use its authority to address synthetic nicotine as part of this process so that leading disposable brands like Puff Bar can no longer slip through this loophole. The only way to end the "whack-a-mole" approach to regulation and enforcement is for FDA to comprehensively remove all flavored tobacco products, including menthol, from the market. Furthermore, the FDA should immediately remove all unreviewed e-cigarettes, which should have been removed from the market on September 9th, 2021.
This decision comes at a critical time as new data shows that every day we await the FDA to complete its review, more young people are put at risk of a lifetime of nicotine addiction. New Truth Initiative research shows that nearly 1.5 million young people, including nearly 800,000 teens between 15-18 years old, vaped nicotine for the first time between July 2021 and June 2022, the months surrounding and following the FDA's missed September 2021 deadline to complete its review of e-cigarettes. This initiation of children to the risks of nicotine addiction and the unknown physical health risks of e-cigarettes is made even more troubling amidst the toll of today's mental health crisis on young people and the known connection between nicotine and mental health symptoms of depression and anxiety.
Just as young people deserve to live free of the harms of nicotine addiction, adult smokers deserve products that meet public health standards. A completed FDA review can help determine if any tobacco-flavored e-cigarettes can help support adult smokers to improve their health outcomes. Truth Initiative supports regulation that encourages the development of consistently less harmful nicotine delivery alternatives that allow smokers to quit altogether or switch completely to a much less harmful, well-regulated product. For the many young people who want to quit vaping nicotine, support exists through This is Quitting, a free and anonymous text message program from truth® that has enrolled nearly 500,000 young people, providing them with tailored advice, cognitive and behavioral coping strategies, and social support to help them quit. Truth Initiative also offers free digital and community-based quit smoking programs for adults through BecomeAnEx.org and its enterprise EX Program for employers and health care providers.ad
Combined with the recent proposals to eliminate menthol cigarettes and flavored cigars, reduce nicotine in cigarettes to non-addictive levels and today's JUUL news, the Biden Administration is taking historic, refocused actions to end our nation's tobacco epidemic. The FDA must move swiftly to finalize, implement, and enforce its proposed actions to protect youth, help adult smokers, and advance public health equity by ending the leading cause of preventable death and creating a future free from tobacco and nicotine addiction.
Truth Initiative is a national public health organization dedicated to achieving a culture where all young people reject smoking, vaping and nicotine and a future where tobacco and nicotine addiction are a thing of the past. In 2020, we celebrated 20 years of saving lives and preventing millions of youth from smoking. Our impact has helped drive the teen smoking rate down from 23% in 2000 to under 3% in 2021. The truth about tobacco and the tobacco industry are at the heart of our proven-effective and nationally recognized truth® public education campaign. As youth e-cigarette use threatens to put a new generation at risk for nicotine addiction, we are leading the fight against tobacco and nicotine addiction in all forms. Our rigorous scientific research and policy studies, community and youth engagement programs supporting populations at high risk of using tobacco, and innovation in tobacco dependence treatment are also helping to end one of the most critical public health battles of our time. Based in Washington D.C., our organization, formerly known as the American Legacy Foundation, was established and funded through the 1998 Master Settlement Agreement between attorneys general from 46 states, five U.S. territories and the tobacco industry. To learn more, visit truthinitiative.org.
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SOURCE Truth Initiative | https://www.kxii.com/prnewswire/2022/06/23/fdas-decision-deny-juul-marketing-authorization-is-major-public-health-victory-swift-action-other-leading-brands-must-be-taken-new-data-shows-youth-e-cigarette-initiation-continues/ | 2022-06-23T19:12:35Z |
FERNEY-VOLTAIRE, France, June 23, 2022 /PRNewswire/ -- On June 23rd, the United Nations recognized Public Service Day, Public Services International (PSI), a global federation of public service unions located in Ferney Voltaire, France, will launch Behind the Mask, an online interactive documentary experience highlighting the global struggles of healthcare workers on the front lines of COVID-19. The four episodes will be available on https://behindthemask.publicservices.international/
The series focuses on four healthcare workers, in Zimbabwe, Pakistan, Brazil and Tunisia, and shows the impact that political decisions and corruption have had on their ability to provide services for patients under their care. It demonstrates how governments and international institutions have failed to prioritize and invest in quality public health systems, undermining frontline workers across the world.
A health care worker in Zimbabwe organizes a protest for higher wages. She is arrested. Her story explores how political corruption, global debt rules and lack of health funding have created untenable working conditions for her and her colleagues, at the expense of her patients. A nurse in Brazil, Graciete, is collecting worker testimonies to build a legal case against the Bolsonaro government for government complicity and corruption that has cost lives of the citizens. The story of Hassina, a Community Health Worker in Pakistan, explores the crucial role of Community Health Workers in the global health system, and the lack of recognition for their vital work. In Tunisia, Nawfel is a hospital administrator and union member working on planning for a strike to increase health employment and compensation for high hazard work.
PSI General Secretary Rosa Pavanelli said:
"This series makes clear that the brutal conditions faced by frontline workers through this pandemic are the result of intentional choices made by politicians: to underfund our health services, understaff our hospitals and let our public services suffer so a few could profit. It's time to listen to these health worker voices and choose a different path for the covid-19 recovery; one which puts people and public health over profits.
ABOUT PSI:
Public Services International (https://publicservices.international) is a Global Union Federation of more than 700 trade unions representing 30 million workers in 154 countries. They bring their voices to the UN, ILO, WHO and other regional and global organizations. They defend trade union and workers' rights and fight for universal access to quality public services.
CONTACT: marcelo.netto@world-psi.org | +33 7 88 38 91 40
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SOURCE Public Services International | https://www.kxii.com/prnewswire/2022/06/23/public-services-international-launches-interactive-documentary-experience-global-health-workers/ | 2022-06-23T08:31:22Z |
For First Time Ever, Consumers Can Use Their Face To Make Purchases With A Central Bank Digital Currency
PASADENA, Calif. and NASSAU, The Bahamas, May 19, 2022 /PRNewswire/ -- PopID and SunCash announced today that for the first time in history, consumers can now use the PopPay face verification platform to purchase goods and services with a central bank digital currency (CBDC) – digital money issued and backed by a government. Bahamian consumers can now link their SunCash account to PopPay to enable face pay transactions using their Sand Dollars. They can then spend the digital currency at a network of SunCash merchants using just their face for authentication. Various local and global brands are or will be accepting digital Sand Dollars authenticated by PopPay through the SunCash platform.
"PopPay's cutting edge technology provides a more consumer-friendly, seamless, and secure experience for SunCash's users," said Desmond Pyfrom, CEO of SunCash. The existing apps for transacting in digital Sand Dollar generally require consumers' use of smart phones, QR codes, or various other codes to complete a transaction at the point of sale. "With the integration of the PopPay platform into the SunCash App, Bahamian consumers can now quickly, efficiently, and safely use the digital Sand Dollar to purchase food and other products even if the consumer does not have a functional smart phone or an internet connection," said Pyfrom, as is the case for thousands of Bahamians.1
The world is quickly moving towards central bank digital currencies—accelerated by the Covid-19 pandemic and the growth of cryptocurrencies. As of 2022, fourteen countries have launched CBDCs, or are in advanced pilots, and approximately 90 countries, accounting for over ninety percent of global GDP, are considering issuing CBDCs, according to the Atlantic Council.
The Bahamas was the first country to launch a CBDC when it deployed the Sand Dollar nationwide in October 2020. As part of that program, a limited number of supervised financial institutions were authorized to sponsor a mobile payment wallet for the digital dollar of the Bahamas. SunCash was one of the supervised financial institutions approved by the Central Bank of The Bahamas.
"The PopPay platform is designed to allow consumers to link any payment method to their face, including credit cards, debit cards, direct bank transfers, stablecoins, and CBDCs," said John Miller, CEO of PopID and Chairman of its holding company, Cali Group. "With governments around the world increasingly implementing CBDCs to replace physical cash, PopPay serves the critical policy objective of ensuring that all people can transact with the currency."
"We applaud SunCash for its deployment of this solution that allows Bahamians to transact in Sand Dollar using only their face," said John Rolle, Governor of the Central Bank of The Bahamas. "Such security features are important to increasing personal comfort around the use of digital payments and advancing the Central Bank's goal of increasing financial inclusion among all segments of our society."
A face pay option is an important feature for any country with the goal of increasing financial inclusion with the adoption of a CBDC, as those that are unbanked, under-banked, or without smartphones or reliable internet tend to be the most vulnerable parts of society.
Keith Russell of AD+ECH GLOBAL facilitated the partnership between PopID and SunCash.
About PopID
PopID provides a comprehensive platform, PopPay, for revolutionizing digital interactions and payments using facial verification. PopPay gives consumers the option of identifying themselves in the most natural way possible – with their face – for ordering and payment – enabling more personalized, secure, and streamlined experiences. To learn more about PopPay, visit www.popid.com
About SunCash
SunCash is the largest digital payments, mobile money, and e-commerce service provider in The Bahamas. SunCash's proprietary technology provides financial solutions to all segments of society, including the banked, underbanked, and un-banked Bahamians, as well as non-resident populations in The Bahamas. SunCash has over 55,000 active wallet customers, accounting for approximately 1/7th of the total population of The Bahamas, and more than 1,000 merchants who accept SunCash payment solutions. Customers can also access SunCash services online, through the SunCash App, at local stores, or from more than 100 kiosk locations throughout The Bahamas. SunCash is licensed by both the Central Bank and Securities Commission of The Bahamas. To learn more about SunCash, visit www.mysuncash.com
PRESS CONTACT:
Diane Zuniga
Golin (for PopID)
dzuniga@golin.com; (909) 510-0433
1 Simon Kemp, "Digital 2022: The Bahamas" (Kepios 2022), https://datareportal.com/reports/digital-2022-bahamas.
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SOURCE PopID | https://www.wibw.com/prnewswire/2022/05/19/poppay-platform-expands-government-backed-digital-currency/ | 2022-05-19T09:54:28Z |
Avian flu confirmed in Oregon for first time since 2015
By GILLIAN FLACCUS
Associated Press
PORTLAND, Ore. (AP) — An avian flu that’s spreading quickly across the U.S. has been detected in Oregon for the first time since 2015, in a backyard flock of birds in a rural area, authorities said.
The presence of the highly contagious virus in Linn County, about 110 miles (177 kilometers) southeast of Portland, was confirmed Friday by federal officials after state officials conducted preliminary testing, the Oregon Department of Agriculture said in a statement.
The latest outbreak has led to the culling of about 37 million chickens and turkeys in U.S. farms since February, and the U.S. Department of Agriculture has confirmed 956 cases of bird flu in wild birds, including at least 54 bald eagles. But the actual number is likely significantly higher because not every wild bird that dies is tested and the federal tally doesn’t include cases recorded by wildlife rehabilitation centers.
The discovery of the avian flu in the Pacific Northwest wasn’t unexpected as the virus has been spreading rapidly across the country in both domestic and wild birds. An infected bald eagle was found in British Columbia, Canada, in early March, said Dr. Ryan Scholz, Oregon’s state veterinarian.
“Since that detection, we have been hard at work communicating with our commercial poultry producers, veterinarians and the public on how they can protect their flocks,” he said. “Now more than ever, all bird owners must practice good biosecurity, prevent contact between their birds and wild birds and report sick birds or unusual deaths so ODA can ensure testing.”
The case does not pose a risk to humans, and birds from the farm were not used for food. State officials have quarantined the farm and will euthanize any remaining birds. The sick birds were first reported by their owner, who brought at least one dead bird to state authorities for testing.
There are no detections of the avian flu in commercial poultry in Oregon, state agriculture officials said Friday. | https://localnews8.com/news/2022/05/06/avian-flu-confirmed-in-oregon-for-first-time-since-2015/ | 2022-05-06T21:18:18Z |
- Creatd Partners' content marketing arm, Vocal for Brands, releases dynamic new design for its website and media kit, aimed at attracting high caliber brands.
- In addition to its premier storytelling ability, Vocal for Brands is equipped to leverage the influencers and audiences of Creatd's Vocal platform and WHE talent agency.
NEW YORK, May 16, 2022 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), a creator-first holding company and the parent company of Vocal, today unveiled the new positioning for Vocal for Brands, the content marketing arm of Creatd Partners, the pillar which houses the Company's agency businesses. The new Vocal for Brands positioning works to capture its shift toward a more integrated, cohesive agency offering, one that leverages the crucial connection between Vocal for Brands and its associated influencer marketing arm, WHE Agency ("WHE"). Creatd's business model captures multiple flywheel effects generated from the first-party data collected across its business pillars – including through the Vocal platform and its e-commerce arm, Creatd Ventures – a combination which creates a potent catalyst for driving success.
Having recently completed the full integration of WHE into Creatd Partners, the Company has since been able to employ a cross-pollination model, drawing from WHE's powerful influencer network and Vocal for Brands' storytelling capabilities to drive even further impact for Creatd Partners clients. The connectivity between Vocal for Brands and WHE has, over the course of nearly a year, worked to promote brand awareness and drive product sales for numerous companies, an effect that the Company expects to continue to replicate and strengthen.
In the last few months alone, Creatd Partners has facilitated influencer-driven collaborations for brands including Alfa Romeo, CBS, Amazon, Target, Disney, Warby Parker, CVS, Kay Jewelers, Walmart, Gerber, Masterclass, Procter & Gamble, Nike, and NFL. In addition, Vocal for Brands closed its largest campaign to date with Ollie, a direct-to-consumer pet food company, and has secured engagements with new clients including National Geographic, Nutrafol, and WW International Inc., among others.
To learn more about Creatd Partners' newly integrated agency offerings, visit the Vocal for Brands website and media kit.
About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a creator-first technology holding company and the parent company of the Vocal platform. Our mission is to empower creators, entrepreneurs, and brands through technology and partnership. We accomplish this through Creatd's four business pillars: Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios.
Creatd: https://creatd.com/ ;
Creatd IR: https://investors.creatd.com/ ;
Vocal Platform: https://vocal.media/ ;
Investor Relations Contact: ir@creatd.com
Forward-Looking Statements
Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.
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SOURCE Creatd, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/16/creatd-unveils-new-integrated-agency-offerings/ | 2022-05-16T12:46:41Z |
The introduction of SaaS Security Posture Management (SSPM), powered by the company's Next-Gen CASB technology, reduces data breaches related to SaaS misconfigurations
SANTA CLARA, Calif., Aug. 31, 2022 /PRNewswire/ -- With hybrid work well established as the norm for the post-pandemic workforce and vast amounts of sensitive data now stored in SaaS apps, the risk of SaaS misconfiguration poses a serious security threat to businesses. According to Statista, as of 2021 the average business now has over 110 SaaS applications (apps) that must be secured.
Misconfigurations in SaaS apps are a common problem. To address this, Palo Alto Networks (NASDAQ: PANW) announced today new innovations in Prisma® SASE that enable customers to identify and remediate misconfigurations in SaaS apps using SaaS Security Posture Management (SSPM) capabilities.
"SaaS apps have given organizations the freedom to have their workforce work from wherever they are most productive. The vast amounts of sensitive data being created, held, and shared via SaaS applications, however, expose a serious risk of data breach due to SaaS misconfiguration. Simply put, the world needs a SASE solution that can manage the configuration and security of SaaS applications," said Anand Oswal, senior vice president, Network Security at Palo Alto Networks. "With today's Prisma SASE updates, we are significantly strengthening the security posture of SaaS apps through the Palo Alto Networks Next-Gen CASB, which allows customers to easily view and configure security settings for multiple SaaS apps in a single place."
In addition to SSPM, the company announced new ZTNA 2.0 security inspection capabilities, including ML-powered Advanced URL Filtering and Advanced Threat Prevention as well as the industry's first natively integrated artificial intelligence for IT operations (AIOps) solution for SASE, simplifying networking and security operations for customers.
The full set of product announcements are:
- SaaS Security Posture Management (SSPM): Powered by Palo Alto Networks Next-Gen CASB, the SaaS Security Posture Management capabilities go beyond CIS and NIST compliance checks and move to comprehensive security, allowing customers to configure security settings for multiple SaaS apps in one location. In an effort to reduce remediation time, SSPM can help fix misconfigurations with a single click and helps prevent configuration drift by allowing users to lock critical security settings in place.
- Advanced URL Filtering: Prevents new, highly evasive phishing attacks, ransomware and other web-based attacks through the use of inline deep learning, rather than a URL database — preventing 40% more threats and detecting 76% of malicious URLs up to a full day before traditional web filtering solutions.
- Advanced Threat Prevention: Provides the only intrusion prevention system (IPS) solution that can stop unknown command-and-control (C2) attacks in real time — 48% more than other IPS solutions. New capabilities bring security analysis from "offline" to "inline" using machine learning techniques — improving detection rates for zero-day threats without sacrificing performance.
- AIOps for SASE: Palo Alto Networks natively integrated AIOps into its secure access service edge to significantly reduce manual operations and enable faster troubleshooting. AIOps for SASE provides automated root cause analysis, rapid problem remediation and guided best practice adoption. Predictive analytics enable more efficient capacity planning and anomaly detection, preventing business disruptions. A simple query-based interface empowers the IT service desk with automated troubleshooting and change analysis.
In addition to these software enhancements, Palo Alto Networks is introducing new hardware appliances — ION 1200-S and ION 3200 — to help organizations modernize their small to midsize branches. These new appliances include a fully integrated switch and Power over Ethernet (PoE) ports to connect and power endpoints within the local area network. Additionally, integrated WAN capabilities like 5G and LTE on the ION 1200-S and fiber ports on the ION 3200 allow customers to improve WAN availability, performance and speed. ION 1200-S and ION 3200 can help significantly reduce operational complexity by eliminating multiple point products while providing power redundancy with a built-in dual power supply that ensures network uptime and consistent connectivity.
"As one of the largest cinema chains and theme park operators in Australia, we started our journey with Palo Alto Networks by deploying Prisma SD-WAN to improve the reliability and throughput of our WAN connections," said Michael Fagan, chief transformation officer, Village Roadshow. "Since then, we have added Prisma Access to complete our SASE architecture and secure both our remote locations and our hybrid employees. We are pleased to see the introduction of 5G and PoE switching into the Prisma SD-WAN appliances to help us further consolidate our branch infrastructure, and simplify our operations with AIOps for SASE. Our team loves the fact that they no longer need to remember usernames, pins, passcodes, tokens and have different multi-factor authentication apps. Performance and uptime has improved to allow our staff to continue working without disruption to services, thereby reducing the amount of calls through to our service desk team."
"Protecting sensitive data, especially data in SaaS applications, is paramount for us. As we continued to utilise more cloud services we knew we needed to implement a SASE framework and provide Zero Trust Network Access to protect our users and applications," said Simon Hibbert, general manager of IT, Chemist Warehouse Group. Implementing Prisma SASE has enabled our employees to do their jobs more efficiently, and enabled new ways for us to engage with our customers. Not only has it improved our security posture, but it also provides highly reliable and smooth connectivity."
"The usage of SaaS applications continues to expand at a faster rate than security teams can keep pace with. As more applications are introduced and ownership becomes distributed across organizations, the risk of misconfigurations grows, which increases the likelihood for security incidents to occur. A SASE solution like Prisma SASE by Palo Alto Networks provides a logical consolidation point for all the capabilities needed for complete SaaS security, including SSPM. However, functionality cannot be sacrificed for efficiency," said John Grady, ESG senior analyst. "Palo Alto Networks provides comprehensive SaaS security through its security-focused SSPM capabilities coupled with comprehensive application coverage and a history of analytics-led threat prevention."
More Information
More information on Prisma SASE is available here and on our blog. Additionally, Palo Alto Networks will be hosting SASE Converge 2022, the premier summit for SASE, September 13-14 to discuss what's next for SASE, and more.
Availability
SaaS Security Posture Management and most of the new SD-WAN appliances are generally available worldwide now — the ION 1200-S 4G/LTE will be available outside of North America in November. Advanced URL Filtering and Advanced Threat Prevention will be available in October 2022. AIOps for SASE will be available in November 2022.
About Palo Alto Networks
Palo Alto Networks is the world's cybersecurity leader. We innovate to outpace cyberthreats, so organizations can embrace technology with confidence. We provide next-gen cybersecurity to thousands of customers globally, across all sectors. Our best-in-class cybersecurity platforms and services are backed by industry-leading threat intelligence and strengthened by state-of-the-art automation. Whether deploying our products to enable the Zero Trust Enterprise, responding to a security incident, or partnering to deliver better security outcomes through a world-class partner ecosystem, we're committed to helping ensure each day is safer than the one before. It's what makes us the cybersecurity partner of choice.
At Palo Alto Networks, we're committed to bringing together the very best people in service of our mission, so we're also proud to be the cybersecurity workplace of choice, recognized among Newsweek's Most Loved Workplaces (2021), Comparably Best Companies for Diversity (2021)and HRC Best Places for LGBTQ Equality (2022). For more information, visit www.paloaltonetworks.com.
Palo Alto Networks, Prisma, and the Palo Alto Networks logo are registered trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. Any unreleased services or features (and any services or features not generally available to customers) referenced in this or other press releases or public statements are not currently available (or are not yet generally available to customers) and may not be delivered when expected or at all. Customers who purchase Palo Alto Networks applications should make their purchase decisions based on services and features currently generally available.
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SOURCE Palo Alto Networks, Inc. | https://www.kxii.com/prnewswire/2022/08/31/palo-alto-networks-strengthens-its-protection-saas-applications-reinforces-ztna-20-with-new-capabilities/ | 2022-08-31T13:48:10Z |
NINGBO, China, Sept. 12, 2022 /PRNewswire/ -- A report from NBGD:
On the evening of September 9, the drone show "Ningbo Lanterns Spreading Best Wishes Across the World" was performed at Ningbo's Laowaitan riverfront area. The event was jointly organized by the Publicity Department of the CPC Ningbo Municipal Committee, the Ningbo Radio and Television Group, and Jiangbei District.
630 Drones Perform Spectacular Light Show at Ningbo's Riverfront
Over the night sky of Laowaitan, 630 low-flying drones formed one image after another in a spectacular merge of modern technology and traditional culture. "Happy Mid-Autumn Festival" in both Chinese and English lit up the sky. Against the backdrop of the city's skyline, iconic global landmarks such as France's Eiffel Tower and the pyramids of Egypt appeared alongside Ningbo's own Tianyige Library and the cranes and container ships of Ningbo Zhoushan Port.
The drone show attracted a huge crowd. Citizens could not resist taking out their phones to snap one photo after another.
Ningbo Receives Holiday Messages from 18 Cities Across 5 Continents
The Mid-Autumn Festival is a time for Chinese communities across the world to connect and reconnect as we take in the beauty of the bright full moon. Ningbo received holiday messages from 18 cities across five continents, sent by business leaders, education workers, lawyers, artists, engineers, athletes, and students.
Ningbo communities across the world celebrated the festival through a variety of activities. Local children in Ningbo joined children from Ningbo families living in Hong Kong for a virtual cultural exchange event, sharing music and showcasing local delicacies. In Toronto, Canada, Ningbo expatriates honored their tradition by releasing floating lotus lanterns on a lake. At the Tamatave Confucius Institute in Madagascar established by Ningbo University, students and teachers took the opportunity to hold a Chinese zither performance and poetry recital, wearing traditional Hanfu robes.
Mid-Autumn Festival, as one of the most important holidays of the Chinese people, is all about deepening bonds. The drone show over Laowaitan and the global Ningbo community's celebrations strengthened existing and new friendships through the sharing of Chinese culture. Ningbo, more globalized than ever before, is setting sail on a journey to embrace the world.
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SOURCE NBGD | https://www.mysuncoast.com/prnewswire/2022/09/12/drone-show-lights-up-ningbos-night-sky-holiday-messages-arrive-across-world/ | 2022-09-12T12:01:33Z |
Mother, boyfriend missing after abandoning children on camping trip, deputies say
ANDERSON COUNTY, S.C. (WHNS/Gray News) - Authorities in South Carolina are investigating a situation where a couple left behind three children during a recent camping trip.
WHNS reports the Anderson County Sheriff’s Office is searching for Courtney Taylor and her boyfriend, Eric Elrod, who were last seen leaving Cemetery Island on Lake Hartwell on Monday, where her three children were abandoned.
Deputies said around 3:45 p.m., three children between the ages of 12 and 15 years old were found stranded on the island by a passing boater.
The children told authorities they were camping with their mother and her boyfriend when the two reportedly left the children on the island to get water but never returned.
Deputies said they do not believe Taylor is in danger, but they have been unable to contact her. Elrod is wanted on a charge of distributing methamphetamine.
The sheriff’s office reports the child abandonment case remains under investigation and urged anyone with further information to contact 864-260-4405 regarding case number 2022-08094.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/14/mother-boyfriend-missing-after-abandoning-children-camping-trip-deputies-say/ | 2022-06-14T22:29:17Z |
LA political donor gets 30 years in prison for overdose deaths
LOS ANGELES (AP) — Ed Buck told his neighbors that the steady stream of young Black men leaving his West Hollywood apartment were social work clients. What really happened behind closed doors, which he referred to as the “gates of hell,” was far more sinister.
The men did not need Buck’s help — they needed to be saved from him, said federal prosecutors in Los Angeles said. Some barely escaped with their lives. Two men didn’t.
Buck, 67, a wealthy gay white donor to Democratic, LGBTQ and animal rights causes, was sentenced Thursday in U.S. District Court to 30 years in federal prison for injecting two men with lethal doses of methamphetamine as part of a fetish that turned fatal.
Prosecutors, who sought a life term, said Buck had such disregard for life that even after the two deaths in his apartment, he did not stop paying men to come to his home and injecting them with walloping doses of methamphetamine. One man overdosed twice in the course of a week.
“This defendant preyed upon vulnerable victims — men who were drug-dependent and often without homes — to feed an obsession that led to death and misery,” United States Attorney Tracy L. Wilkison said. “Mr. Buck continues to pose a clear danger to society.”
Buck was convicted in July of distribution of methamphetamine resulting in the deaths of Gemmel Moore in 2017 and Timothy Dean in 2019. He was also convicted of four counts of meth distribution, two counts of enticing men to travel across state lines for prostitution and a count of maintaining a drug den.
Buck managed to avoid arrest for more than two years after Moore’s death and family and community members led by political strategist Jasmyne Cannick complained that he escaped prosecution because of wealth, political ties and race. He donated more than $500,000 since 2000 to mainly Democratic causes.
Moore’s mother, LaTisha Nixon, joined Cannick and several other friends and family members of the deceased to ask the judge for the maximum sentence. Nixon, a certified nursing assistant who said she had prayed with and comforted countless dying people, broke down as she thought of the way her oldest child died.
“All I can think about is how my son died naked on a mattress with no love around him,” Nixon said. “No one to hold his hand or tell him good things.”
Defense lawyer Mark Werksman sought a 10-year term — half of the mandatory minimum of 20 years Buck faced and well below the 25 years recommended by the probation department. He said Buck’s sexual abuse as a child and health problems that led to his drug addiction were mitigating factors.
He said prosecutors had cast Buck as a “sociopathic syringe-wielding sexual predator and sexual deviant who preys on homeless drug-addicted male prostitutes and kills them by recklessly overdosing them on methamphetamine.”
“But there’s a second Ed Buck, a redeemable, a worthy, a valuable Ed Buck who deserves this court’s compassion and mercy,” Werksman said.
Buck made his first public remarks since his arrest in September 2019, apologizing for “my part in the tragic deaths” of Moore and Dean, whom he said were friends he loved. In a husky voice, he said he had not caused their deaths but expressed condolences to their families — something they said he never did after their deaths.
Buck, who worked as a model and then made a small fortune selling an Arizona company he rescued from bankruptcy, said he tried to live a good life devoted to political causes that would make his world a better place.
His political activism began with efforts in 1987 to recall Republican Arizona Gov. Evan Mecham, who was ultimately convicted in an impeachment trial and kicked out of office. Buck said he started an AIDS information organization in the 1980s, marched for gay and human rights and championed a ban on fur sales in West Hollywood.
“Look at the good I have done and the good I may still do and not the horrible caricature that the government painted me as a meth-fueled ax killer,” Buck said. “That’s not who I am.”
Judge Christina Snyder said the case was one of the most difficult and tragic ones she had presided over. She said Buck’s “horrific crimes” were reprehensible and more than just an accident.
Assistant U.S. Attorney Chelsea Norell objected to the 30-year sentence, arguing that the mandatory minimum sentences for each death add up to 40 years.
“He is effectively getting one kill and one kill 50% off,” Norell said.
Family members of Dean and Moore said they were disappointed he didn’t get a life sentence but were happy Buck was going away for a long time. They said his apology had come too late to seem sincere.
“That’s not love when you kill someone,” said Dean’s sister, Joann Campbell. “That was just something he was saying ... to get some sympathy from the judge. But I don’t believe and buy any of it.”
Even after Dean’s death, Buck remained undeterred, Norell said. Holed up in a hotel to avoid the police, he injected Dane Brown with back-to-back “slams” of methamphetamine.
Brown, who was homeless, later moved into Buck’s apartment, where he was injected with meth most days and often several times a day.
On Sept. 4, 2019, after Buck shot him up three times with back-to-back doses, Brown was hospitalized for overdosing. He had five times the meth in his system that Moore and Dean had when they died, prosecutors said.
Brown returned less than a week later and Buck injected him three times with meth. Brown said he was overdosing again. He was exhausted and weak but Buck wouldn’t call an ambulance.
“I can’t run, I can’t move and it’s like all my energy was being sapped out,” Brown recalled Thursday outside court.
That’s when he heard the voice of his late mother tell him to get up.
“At that last moment, right when I was giving up and closed my eyes, I heard the voice,” Brown said. “It’s like she lit a fire and told me to get out and get out now.”
Brown managed to get himself to a nearby gas station and was taken to the hospital. It was that incident that finally led to Buck’s arrest.
If he hadn’t made it out of Buck’s apartment, Brown said he would have died there like Moore and Dean.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/15/la-political-donor-gets-30-years-prison-overdose-deaths/ | 2022-04-15T01:33:04Z |
"DePay Donations" is the first Open Source WordPress plugin that allows accepting P2P donations with decentralized conversion of incoming cryptocurrency donations into tokens selected by the receiver.
ZUG, Switzerland, May 31, 2022 /PRNewswire/ -- Swiss Web3 payment startup DePay has released a free to install WordPress plugin which allows content creators and publishers to accept middleman-free and therefore financial-censorship-resistant donations. Site owners interested in receiving crypto donations can install the Web3 donation plugin from the official WordPress plugin directory with just a few clicks.
WordPress publishers seeking to accept crypto donations often have to choose between two main options:
A common way is to use a centralized crypto payment gateway. Going this way implies that one has to trust intermediaries who accept the donations on one's behalf, which contradicts the core idea of decentralization. Additionally, the number of cryptocurrencies that can be accepted with this option is often very limited.
Another option is to provide wallet addresses in plain text on their site. Besides the aesthetics, this way requires that you have high administrative overhead with monitoring different wallets and converting tokens to hedge against volatility.
DePay Donations offers an alternative with a new paradigm enabled by decentralized finance. It maximizes decentralization, interoperability and token acceptance while minimizing the administrative burden on the donation recipient.
Major Features:
- Open-source payment protocol.
- Supporting multiple blockchains.
- Middleman-free P2P payments from supporter-wallet to receiver-wallet.
- Supporting 100+ of the most popular cryptocurrency wallets.
- Decentralized token conversion via liquidity pools such as Uniswap or PancakeSwap.
- Selecting the tokens to be received after on-the-fly conversion of incoming donations.
- Accepting donations with tens-of-thousands of tokens on supported blockchains.
- Triggering the widget by clicks on buttons or custom links.
- Style settings with live preview & custom CSS support.
"Wordpress has shaped the internet for almost 20 years now. We are thrilled to enable people running their Wordpress installation to accept Web3 donations as simple as installing a plugin (literally)." says Sebastian Pape, Founder, CEO & CTO at DePay.
About DePay
DePay pioneers Web3 Payments with the power of DeFi.
Driving mass adoption of blockchain based payments, DePay merges the core ideas of decentralization and interoperability with state-of-the-art Web3 technologies.
Video - https://www.youtube.com/watch?v=_J2yiQLIAKk
Logo - https://mma.prnewswire.com/media/1829485/DePay_AG_Logo.jpg
Contact
Alexander Paul
info@depay.fi
+41797503270
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SOURCE DePay AG | https://www.mysuncoast.com/prnewswire/2022/05/31/depay-launches-wordpress-plugin-web3-donations-with-any-to-any-token-conversion/ | 2022-05-31T15:11:32Z |
ATLANTA – Insurance and Safety Fire Commissioner John F. King announced that a Crisp County vehicle fire has been ruled an act of arson.
Officials with the Cordele Fire and Police Departments were dispatched just before 1 a.m. recently in response to reports of a 2010 Cadillac Escalade on fire on Second Street North in Cordele. An examination by the State Fire Investigations Unit found severe damage to the front and engine compartment area of the vehicle.
“My investigators determined this incident to be incendiary in nature,” King said in a Thursday news release. “Anyone with information on this fire should call my State Fire Investigations Unit at 1-800-282-504.”
In coordination with the State Fire Investigations Unit, a reward of up to $10,000 is offered by Georgia Arson Control for information that leads to the arrest and conviction of those responsible for arson. King’s office is assisting the Cordele Police Department with this investigation.
More than 150,000 spectators will pack into Churchill Downs on May 7 to watch the 148th Kentucky Derby: the race that’s been dubbed the greatest two minutes in sports. Whether you’re picking a dark horse or sticking with the favorite, we at Stacker have ranked all the thoroughbreds running t… Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/local/crisp-county-vehicle-fire-ruled-arson/article_626c9b3c-cc76-11ec-b32f-937b5e79722e.html | 2022-05-05T15:32:05Z |
WALLDORF, Germany, May 3, 2022 /PRNewswire/ -- SAP SE (NYSE: SAP), the market leader in enterprise application software, today announced the participation of its executives at the following events.
All events will be webcast and a replay will be made available shortly after the event on the SAP Investor Relations website: https://www.sap.com/investors/en/calendar.html
About SAP
SAP's strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com.
This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2021 Annual Report on Form 20-F.
© 2022 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
Please consider our privacy policy. If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.
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SOURCE SAP SE | https://www.mysuncoast.com/prnewswire/2022/05/03/sap-executives-participate-upcoming-investor-events/ | 2022-05-03T06:54:52Z |
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