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SALT LAKE CITY (AP) — Republican Sen. Mike Lee may have been an upstart when he toppled a longtime senator in a tea party wave more than a decade ago, but in the dozen years since he’s managed to avoid a serious challenge in deeply conservative Utah.
That’s changing this year as he faces two GOP challengers and a newly empowered independent who’s been backed by the Democrats. While Lee still has a solid base of support in Utah, the contest is shaping up to be his toughest reelection campaign yet as newly released text messages raise questions about his early involvement in efforts to overturn the results of the 2020 election.
The trove of messages show Lee promoted legally dubious schemes to keep then-President Donald Trump in power, before he shifted course and backed away. The text messages were revealed just days before Utah Democrats took the unprecedented step of passing over a Senate candidate of their own party and instead endorsing an independent, former long-shot presidential candidate Evan McMullin.
The recent turn of events illustrate Lee’s potential vulnerability in the rare Republican state where many conservative voters still harbor concerns about the former president. The release of the messages could test voters’ tolerance for efforts to overturn the 2020 election and heighten Lee’s delicate balancing act as he tries to fend off a pair of primary challengers and an independent Trump critic who has forged an unlikely alliance with Democrats to bring him down.
“Our strategy is, very plainly, to find common ground between these groups and bring them together in common cause to replace Mike Lee, defend our democratic republic and move the country forward,” McMullin said Thursday.
McMullin, a former CIA officer, captured 20% of the vote in Utahwhen he ran for president in 2016 — including a protest vote from Lee, who was then a Trump critic.
Lee has since become a staunch ally of the former president, and he trounced his Republican competition at a party nominating convention last weekend with about 71% of the vote.
But that audience is a small number of core party members who lean much further right than the rest of the Republican electorate in Utah.
The fact that 3 in 10 of the audience members at the convention were willing to cast their votes for someone else could point to trouble for Lee, said Chris Karpowitz, a political science professor at Brigham Young University.
Lee’s office did not comment on his reelection bid for this story.
Second-place finisher Becky Edwards, an ex-state lawmaker, mentioned Lee directly during her Saturday convention speech, critiquing his effectiveness and questioning his character. “I choose to vote out those who are loose with transparency and integrity,” she said.
She’ll be on the primary ballot in June, along with Ally Isom, a former high-ranking gubernatorial staffer who implored delegates to “reclaim our party and take back the country.”
Lee, for his part, focused on attacking President Joe Biden on inflation, immigration and guns. “The price to live in Joe Biden’s America is way, way too high,” he said to applause.
Like many other Republican politicians, including now-Sen. Mitt Romney of Utah, Lee was critical of Trump during the celebrity businessman’s first run for president in 2016. By 2020, however, Lee was a full-throated supporter, even once comparing Trump to Captain Moroni, a scriptural hero in The Church of Jesus Christ of Latter-day Saints.
That comparison didn’t land well for all members of the faith based in Utah, where the political culture is conservative but almost unfailingly polite and receptive on issues like immigration. Voters still harbor concerns about Trump-style politics.
The April 15 release of text messages obtained by the House panel investigating the Jan. 6 insurrection at the U.S. Capitol helped solidify Democratic voter Kirsten Healey’s opinion that a chance to unseat Lee was worth spurning a candidate in her own party for an independent — even one who doesn’t necessarily align with her views. “It was kind of a heartbreaking decision for me personally,” she said.
But Healey, a party delegate, said, “I think our country is so much on the cusp right now of keeping a strong democracy, that I think to keep Mike Lee as our senator is really dangerous right now.”
The senator’s core GOP supporters were unshaken. “He was working within the law,” said Jess Bradfield, a Republican who serves as Cache County clerk. “I think people understand, you text things to people that don’t always sound the greatest.”
Others voters aren’t so sure.
The texts aren’t a deciding factor for Republican Christy Jacobs, but she’s still ready to vote for someone else. She’s been disappointed by other moves Lee made, like voting against the creation of a national historic site at a former detainment camp for Japanese Americans in Colorado. While Lee’s office has said the vote reflects only his opposition to putting more land under federal control, to Jacobs it looks like political posturing.
“I don’t think he stands up for the right things,” she said. “I don’t like it when people put politics over getting things done.”
She’s deciding between Isom and Edwards in the primary but isn’t yet sure if she’d cast a ballot for an independent in the general election.
The presence of two challengers splitting the anti-Lee primary vote further heightens the chances Lee will win the GOP nomination. But he could emerge from that contest battered, with some moderates feeling open to voting for someone else.
If McMullin, who outraised Lee in the final quarter of 2021, manages to capture the wider Democratic vote, scoop up independents and sway some moderate Republicans, the unlikely coalition could put him over the top.
“He has to appeal across ideological lines to have any hope of winning,” Karpowitz said.
It’s a tricky proposition in a time of deep political division. A strong showing, however, could have a wider impact.
“It has implications across the political spectrum for how candidates other than movement conservatives could win, even in very Republican places,” Karpowitz said.
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https://cw33.com/news/politics/ap-politics/utah-sen-mike-lee-braces-for-toughest-reelection-fight-yet/
| 2022-04-30T00:42:50Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NIO, GNCA, PHIO, IQ, and ATER.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- NIO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NIO&prnumber=041120225
- GNCA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=GNCA&prnumber=041120225
- PHIO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PHIO&prnumber=041120225
- IQ: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=IQ&prnumber=041120225
- ATER: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ATER&prnumber=041120225
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
View original content to download multimedia:
SOURCE InvestorsObserver
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https://www.kxii.com/prnewswire/2022/04/11/thinking-about-buying-stock-nio-genocea-biosciences-phio-pharmaceuticals-iqiyi-or-aterian/
| 2022-04-11T16:21:23Z
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Judge approves $1B+ deal in deadly Florida condo collapse
MIAMI (AP) — A judge gave final approval Thursday to a settlement topping $1 billion for victims of the collapse of a Florida beachfront condominium building that killed 98 people, one of the deadliest building failures in U.S. history.
The decision by Miami-Dade Circuit Judge Michael Hanzman came a day before the one-year anniversary of the Champlain Towers South disaster in the Miami suburb of Surfside. The judge praised the dozens of lawyers involved for averting what could have been years of litigation with no sure outcome.
“It will never be enough to compensate them for the tragic loss they have suffered,” the judge said. “This settlement is the best we can do. It’s a remarkable result. It is extraordinary.”
The bulk of the $1.02 billion total will go to people who lost family members in the collapse of the 12-story building. About $100 million is earmarked for legal fees, and $96 million set aside for owners who lost one of the 136 units in the building.
No victims filed objections to the settlement or decided to opt out, said court-appointed receiver Michael Goldberg. Several people who lost family members or property said in court Thursday that they are grateful for such a swift conclusion to a horrific experience.
Raysa Rodriguez, who survived the collapse in a ninth-floor unit that was initially left intact, had nothing but praise for the outcome.
“You have no idea what a relief this is to me personally,” Rodriguez said. “I am so exhausted. I just want this to be done. I want these souls to rest.”
The ruling came during what’s called a fairness hearing, in which anyone with objections to the deal could raise them as the judge determined whether the settlement is “fair, reasonable and adequate,” according to court documents.
The money comes from several sources, including insurance companies, engineering firms and a luxury condominium whose recent construction next door is suspected of contributing to structural damage of Champlain Towers South. None of the parties admit any wrongdoing.
A billionaire developer from Dubai is set to purchase the 1.8-acre (1-hectare) beachside site for $120 million, contributing to the settlement.
Champlain Towers South had a long history of maintenance problems and questions have been raised about the quality of its original construction and inspections in the early 1980s. Other possible factors include sea level rise caused by climate change and damage caused by salt water intrusion.
A final conclusion on the cause is likely years away. The National Institute of Standards and Technology, which is leading the federal probe in to the collapse, recently said invasive testing will begin soon on samples of material from the collapse site.
The tests will help investigators find potential flaws in structural elements of the building by looking into things such as density of the materials, how porous they were and if there was corrosion, NIST said.
Florida will require statewide recertification of condominiums more than three stories tall under new legislation Republican Gov. Ron DeSantis signed into law last month in response to the disaster.
The death toll in the Champlain Towers collapse ranks among the highest in U.S. history among similar disasters. The 1981 Hyatt Regency walkway collapse killed 114 people and a Massachusetts mill disaster in 1860 killed between 88 and 145 workers.
___
Anderson contributed to this story from St. Petersburg, Fla.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/06/23/judge-approves-1b-deal-deadly-florida-condo-collapse/
| 2022-06-23T15:58:08Z
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The acquisition of Bitvo, Inc. marks another step in FTX's global expansion of products and services
CALGARY, Alberta, June 17, 2022 /PRNewswire/ -- FTX Trading Limited ("FTX"), a leading global crypto-asset trading platform, today announced that it has entered into an agreement to acquire Bitvo, Inc. ("Bitvo" or "the Company"), a Canadian crypto asset trading platform, registered as a restricted dealer under the securities laws of all provinces and territories in Canada. The acquisition marks the latest licence acquisition in FTX's mission to provide its industry-leading products and services to its global customers in a regulated fashion. The acquisition is expected to close in the third quarter of 2022, subject to regulatory approval and customary closing conditions.
Bitvo is a crypto asset trading platform offering Canadians a secure and easy way to buy, sell and trade crypto assets. In April 2022, the Company became the first Alberta-based crypto asset trading platform to register as a restricted dealer, allowing it to offer crypto asset trading services across all provinces and territories in Canada. Bitvo is also registered with FINTRAC as a money services business in the virtual asset service provider category.
Sam Bankman-Fried, CEO of FTX, commented on the news, "We are delighted to enter the Canadian marketplace and continue to expand FTX's global reach. Our expansion into Canada is another step in proactively working with cryptocurrency regulators in different geographies across the globe."
Following the completion of the acquisition, Bitvo is expected to be integrated into the FTX global team serving the Canadian market in a variety of capacities.
Pamela Draper, CEO of Bitvo, concluded, "Canada has shown a growing interest in digital asset trading, and we're thrilled to help provide entry into one of the leading regulated crypto asset trading platforms in the world to the Canadian cryptocurrency community. We look forward to transforming Canadian's access to the digital asset ecosystem as part of FTX."
About FTX.COM
FTX is a crypto asset trading platform built by traders, for traders. FTX strives to be an intuitive yet powerful platform for all kinds of users, and to be the most innovative trading platform in the industry.
To learn more about FTX.COM, please visit: https://ftx.com/
FTX.COM is not available to US residents or residents of other prohibited jurisdictions, as set out in its Terms of Service.
About Bitvo
Bitvo (www.bitvo.com) is a crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications. Bitvo differentiates itself by making transacting in crypto assets easier than anyone else and offering proprietary features such as the Bitvo Same Day Guarantee, the Bitvo Cash Card and technical trading analysis tools.
Media Contacts
Jay Morakis
M Group Strategic Communications (for FTX)
+1 646 859 5951
ftx@mgroupsc.com
Pam Draper
Bitvo, Inc.
+1 587 885 2170
support@bitvo.com
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https://www.kxii.com/prnewswire/2022/06/17/ftx-acquires-alberta-based-restricted-dealer-expand-canadian-presence/
| 2022-06-17T13:55:56Z
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Amber Alert issued for 9-year-old girl last seen in Indianapolis
INDIANAPOLIS (WPTA/Gray News) - Indiana State Police (ISP) have issued an Amber Alert for a 9-year-old girl who was last seen Thursday morning in Indianapolis.
Police say they are looking for 9-year-old Delilah Jennings, who was last seen with her hair in a ponytail and wearing a gray “ILH” shirt with an emblem in the middle, sky-blue pants, and black and white shoes.
Authorities say she is believed to be in extreme danger.
Police believe she is with 32-year-old Monica Burdine, who is believed to be driving a blue 2015 Chevrolet Malibu with Indiana license plate 233BXA.
Burdine was last seen with her hair in long black braids and wearing a blue fitted hoodie, gray biker shorts and white shoes.
Detectives ask that anyone with information call the Indianapolis Metropolitan Police Department at 317-327-6540 or 911.
Copyright 2022 WPTA via Gray Media Group, Inc. All rights reserved.
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https://www.mysuncoast.com/2022/09/01/amber-alert-issued-9-year-old-girl-last-seen-indianapolis/
| 2022-09-01T18:07:33Z
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ANDOVER, Mass., May 3, 2022 /PRNewswire/ -- TransMedics Group, Inc. ("TransMedics") (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, today reported financial results for the quarter ended March 31, 2022.
Recent Highlights
- Net revenue of $15.9 million in the first quarter of 2022, a 125% increase compared to the first quarter of 2021
- Received FDA pre-market approval (PMA) of OCS™ DCD heart indication on April 28, 2022
- Results from the U.S. randomized OCS™ DCD Heart trial along with OCS™ Lung Trial 5-year data presented at the International Society of Heart and Lung Transplantation (ISHLT) annual meeting
"We are proud of our strong first quarter revenue performance and are now laser focused on continuing to drive commercial growth across each of our three OCS technology platforms," said Waleed Hassanein, MD, President, and Chief Executive Officer. "The National OCS™ Program (NOP) was our primary growth driver, providing us with a high level of confidence in our strategy and in our ability to enable sustained growth in transplant volumes to help more patients in need of life-saving organ transplant procedures."
ISHLT 2022 Clinical Presentation Summary
Data from the U.S. randomized OCS™ DCD Heart trial presented at ISHLT 2022 showed that OCS™ Heart technology enabled successful utilization of 89% of DCD donor hearts. Results demonstrated 1- and 2-year survival rates of 93% in the DCD OCS™ treatment arm compared to 86% and 83% respectively in the DBD Control arm using standard criteria heart transplanted with cold storage.
OCS™ Lung EXPAND Trial 5-year data showed that the use of the OCS™ Lung with extended criteria DBD and DCD donor lungs resulted in a 5-year survival rate of 68%, compared to 59% for lung transplant survival outcomes in the U.S. reported by UNOS/OPTN national reports.
First Quarter 2022 Financial Results
Net revenue for the first quarter of 2022 was $15.9 million, a 125% increase compared to $7.1 million in the first quarter of 2021. The increase was due primarily to the continued increase in commercial sales of the OCS™ Heart and OCS™ Liver in the United States.
Gross margin for the first quarter of 2022 was 76%, as compared to 68% in the first quarter of 2021.
Operating expenses for the first quarter of 2022 were $21.5 million, compared to $11.3 million in the first quarter of 2021. The increase in operating expense was driven predominantly by increased investment in the company's NOP, our next generation OCS™ platform, as well as further investments in general commercial efforts and corporate infrastructure. First quarter operating expenses in 2022 included $2.3 million of stock compensation expense, compared to $ 1.1 million of stock compensation in the first quarter of 2021.
Net loss for the first quarter of 2022 was $10.6 million, compared to $7.9 million in the first quarter of 2021.
Cash, cash equivalents and marketable securities were $72.0 million as of March 31, 2022.
2022 Financial Outlook
TransMedics is updating full year 2022 net revenue to be in the range of $59 million to $65 million, which represents 95% to 115% growth compared to the company's prior year net revenue. TransMedics' prior 2022 net revenue guidance was $49 million to $55 million.
Webcast and Conference Call Details
The TransMedics management team will host a conference call beginning at 5:00 p.m. ET / 2:00 p.m. PT on Tuesday, May 3, 2022. Investors interested in listening to the conference call may do so by dialing (844) 200-6205 for domestic callers or (929) 526-1599 for international callers, followed by Conference ID: 215877. A live and archived webcast of the event will be available on the "Investors" section of the TransMedics website at www.transmedics.com.
About TransMedics Group, Inc.
TransMedics is the world's leader in portable extracorporeal warm perfusion and assessment of donor organs for transplantation. Headquartered in Andover, Massachusetts, the company was founded to address the unmet need for more and better organs for transplantation and has developed technologies to preserve organ quality, assess organ viability prior to transplant, and potentially increase the utilization of donor organs for the treatment of end-stage heart, lung, and liver failure.
Forward-Looking Statements
This press release contains forward-looking statements with respect to, among other things, our full year guidance, and statements about our operations and financial position, business plans and our ability to deliver OCS technology to more patients. These forward-looking statements are subject to a number of risks, uncertainties and assumptions. Moreover, we operate in a very competitive and rapidly changing environment and new risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in or implied by any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Some of the key factors that could cause actual results to differ include: that we continue to incur losses; our need to raise additional funding; our existing and any future indebtedness, including our ability to comply with affirmative and negative covenants under our credit agreement to which we will remain subject to until maturity, and our ability to obtain additional financing or refinance existing debt on favorable terms or at all; the fluctuation of our financial results from quarter to quarter; our ability to use net operating losses and research and development credit carryforwards; our dependence on the success of the OCS; our ability to expand access to OCS through the National OCS Program; the rate and degree of market acceptance of the OCS; our ability to educate patients, surgeons, transplant centers and private payors of benefits offered by the OCS; our ability to improve the OCS platform; our dependence on a limited number of customers for a significant portion of our net revenue; our ability to maintain regulatory approvals or clearances for our OCS products; our ability to adequately respond to FDA follow-up inquiries in a timely manner; the performance of our third-party suppliers and manufacturers; price increases of the components of our products; the timing or results of post-approval studies and any clinical trials for the OCS; our manufacturing, sales, marketing and clinical support capabilities and strategy; attacks against our information technology infrastructure; the economic, political and other risks associated with our foreign operations; our ability to attract and retain key personnel; the impact of the outbreak of COVID-19, including variants of the virus an associated containment, remediation and vaccination efforts; our ability to protect, defend, maintain and enforce our intellectual property rights relating to the OCS and avoid allegations that our products infringe, misappropriate or otherwise violate the intellectual property rights of third parties; the pricing of the OCS, as well as the reimbursement coverage for the OCS in the United States and internationally; regulatory developments in the United States, European Union and other jurisdictions; the extent and success of competing products that are or may become available; the impact of any product recalls or improper use of our products; our estimates regarding revenues, expenses and needs for additional financing; and other factors that may be described in our filings with the Securities and Exchange Commission (the "SEC"). Additional information will be made available by our annual and quarterly reports and other filings that we make from time to time with the SEC. These forward-looking statements speak only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law.
Investor Contact:
Brian Johnston
332-895-3222
Investors@transmedics.com
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https://www.mysuncoast.com/prnewswire/2022/05/03/transmedics-reports-first-quarter-2022-financial-results/
| 2022-05-03T20:49:19Z
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Elevating smartphone camera imaging quality to levels that can even rival what some DSLR cameras offer
SHENZHEN, China, June 9, 2022 /PRNewswire/ -- HONOR, a global technology brand, today shared insights from the perspective of an industry leader at a Counterpoint Research event. Titled "Smartphone Imaging Trends: New Directions Capturing Magic Moments", the webinar invited HONOR to discuss its leading role in delivering cutting-edge smartphone imaging solutions and the prevailing trends that are directing the future of smartphone cameras.
"Smartphone photography is not just about hardware or software. At HONOR, we excel in leveraging fusion computational photography and multiple cameras to achieve what we call 'all for one and one for all' synergy, elevating smartphone camera imaging quality to levels that can even rival what some DSLR cameras offer," said Dr. Weilong Hou, Technical Expert, HONOR Imaging. "The HONOR Magic4 Series exemplifies the work of our R&D team, featuring the HONOR Image Engine that not only enables users to harness the full capabilities every camera equipped on an HONOR smartphone, but also makes incredible image quality accessible to everyday users."
The webinar was moderated by Peter Ricardson, Vice President of Research, Counterpoint Research, with a panel of industry veterans and subject experts in attendance, including Dr. Hou; Hervé Macudzinski, Image Science Director, DXOMARK; Judd Heape, Vice President of Product Management, Qualcomm and Eugenio Recuenco, renowned professional photographer, film director and two-time Cannes Lion Award winner, who has also recently shot a film entirely on the HONOR Magic4 Pro. The event complements a Counterpoint Research whitepaper that is publishing today.
HONOR Image Engine: The Core of HONOR Smartphone Cameras
In his presentation, Dr. Hou introduced the HONOR Image Engine, HONOR's cutting edge camera solution that enables the hardware to work in unison with AI and algorithms to generate high quality visuals. Underpinning the camera experience, the solution helps users elevate simple camera captures to artistic renditions of their creative vision. As the latest HONOR flagship smartphones, HONOR Magic4 Pro and HONOR Magic4 Ultimate are a testament to the efficacy of the solution, with the latter scoring 146 on DXOMARK Overall Camera Score – the highest score ever given by the authoritative product evaluation organization.
Addressing user pain points around mobile photography and video capture, the two smartphones debuted with a wide range of cutting-edge features, including the ability to take high quality photos while capturing a video. Going forward, according to Dr. Hou, HONOR will continue striving to empower consumers to take great images anytime, anywhere through R&D, with a focus on achieving performance parity between mobile and dedicated cameras, improving image quality, and harnessing a wider array of sensors with more advanced software to comprehensively improve imaging outcomes.
Currently, all HONOR Magic Series and HONOR N Series smartphones are equipped with HONOR Image Engine, which works in the background to ensure better photo and video capturing results.
Evaluating Smartphone Cameras
From the perspective of a trusted product evaluation expert, Macudzinski shared his views on the requirements for a great photograph – a photographer's skill to identify and frame the scene, the occurrence of a decisive moment to be captured with clarity, and the camera's capabilities to understand user's intention and modify images accordingly. For a smartphone camera to be regarded as exceptional, according to Macudzinski, it needs to support these features in the camera's default shooting mode. The expert illustrated his viewpoints with HONOR Magic4 Ultimate, which has remained the top of DXOMARK's smartphone camera rankings since its test report was published in March. Commending the HONOR flagship smartphone for its exceptional user experience, capture capability and AI processing, Macudzinski discussed key highlights from DXOMARK's report, focusing on HONOR Magic4 Ultimate zoom performance across various focal lengths and the fusion between hardware and software allowing the various camera lenses to work together and produce objectively better image quality.
Smartphone Photography from a Professional's Perspective
Renowned for his works as a photographer and film director, Recuenco recently shot his film Kaleidoscope entirely on HONOR Magic4 Pro. Recounting his experience during the presentation, Recuenco said filming with the HONOR smartphone felt familiar, as the array of professional features such as the powerful camera system and Magic-Log provided him with the creative freedom he enjoys with professional gear, but in a much more pocketable form factor. Recuenco, as one of the judges for the HONOR Magic Moments competition, also selected a few submissions from the year's contest and commented on the myriad possibilities today's smartphone cameras have enabled for people to be more expressive on their captures than ever before.
Technological Integration
Representing Qualcomm, Heape shared insights into the collaboration that brought the HONOR Image Engine to life. The HONOR Magic4 Series took full advantage of the Qualcomm Snapdragon 8 Gen 1 Mobile Platform and the latest Qualcomm AI Engine for Ultra Fusion Photography, allowing images taken by different lenses and processed by multiple ISP to complement each other to achieve an improvement in image quality. The innovative algorithm HONOR developed fully released the RAW domain computational photography capabilities. With HONOR Image Engine's flexible frame work, while Qualcomm's ISP can support the high throughput of multi-threading and parallel processing, which leads to innovative functions and user experiences like "Advanced Photoshoot While Video Recording".
Complementary Counterpoint Research Whitepaper
The webinar is a complement to a new Counterpoint Research whitepaper which offers a holistic view on the wider industry trends with contributions from webinar panelists. The whitepaper is available for download on Counterpoint Research's website.
About HONOR
HONOR is a leading global provider of smart devices. It is dedicated to becoming a global iconic technology brand and creating a new intelligent world for everyone through its powerful products and services. With an unwavering focus on R&D, it is committed to developing technology that empowers people around the globe to go beyond, giving them the freedom to achieve and do more. Offering a range of high-quality smartphones, tablets, laptops and wearables to suit every budget, HONOR's portfolio of innovative, premium and reliable products enable people to become a better version of themselves.
For more information, please visit HONOR online at www.hihonor.com or email newsroom@hihonor.com
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https://www.mysuncoast.com/prnewswire/2022/06/09/honor-discusses-future-mobile-imaging-counterpoint-research-webinar/
| 2022-06-09T06:27:37Z
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PIEDMONT ORTHOPEDICS | ORTHOATLANTA OPENS NEW LOCATION IN CARTERSVILLE
OrthoAtlanta Cartersville provides expanded orthopedic and sports medicine care to residents in the Cartersville and surrounding areas.
ATLANTA, Aug. 5, 2022 /PRNewswire/ -- Piedmont Orthopedics | OrthoAtlanta has opened its newest location, Piedmont Orthopedics | OrthoAtlanta Cartersville. Conveniently located next to the Piedmont Cartersville Medical Center, Piedmont Orthopedics | OrthoAtlanta Cartersville is part of a fast-growing corridor of services in the Cartersville area.
One of 18 locations across the greater Atlanta area, OrthoAtlanta Cartersville provides expert orthopedic and sports medicine care to those who work and live in Bartow County and beyond, including Cartersville, Acworth, Emerson, Rockmart, Dallas, Stilesboro and Rome areas.
Announcing the addition of the new Cartersville location, OrthoAtlanta Medical Director, Michael J. Behr, MD, said, "OrthoAtlanta Cartersville brings a new level of care to those living and working in Cartersville and the surrounding areas. Partnered with the Piedmont Cartersville hospital, OrthoAtlanta is proud to bring expert specialty care including sports medicine, foot and ankle orthopedic care and surgery as well as non-operative back and spine care and treatment."
"It is our goal at Piedmont Cartersville to provide high-quality, patient-centered care and that means offering a full spectrum of services – of which orthopedics are an important and essential part," said Chris Mosley, CEO of Piedmont Cartersville. "We are excited to work with our partners at OrthoAtlanta to be able to provide care close to home for those requiring orthopedic services."
OrthoAtlanta physicians serving the Cartersville location include Sudhir Belagaje, M.D., orthopedic foot and ankle surgeon, Yong Lee, M.D., physiatrist, and Richard Maguire, M.D., orthopedic surgeon specializing in sports medicine.
For more information please visit www.OrthoAtlanta.com.
OrthoAtlanta is one of the largest physician-owned orthopedic and sports medicine practices in the Southeast providing an integrated approach to delivering musculoskeletal care. With over 50 physicians serving in 18 offices, the practice provides the highest level of patient care for injuries or deformity of muscles, joints, bones, and spine. OrthoAtlanta offers convenient accessibility to a full range of musculoskeletal surgeons, specialists and patient services including on-site physical therapy, pain management care, six MRI imaging centers and workers' compensation coordination. OrthoAtlanta Surgery Centers in Austell and Fayetteville provide cost-effective, same day surgical procedures in an accredited outpatient center. Comprehensive operative and nonoperative musculoskeletal care and expertise includes sports medicine, arthroscopic surgery, hip replacement, knee replacement, neck and spine surgery, elbow and shoulder surgery, hand and wrist surgery, foot and ankle surgery, physical medicine and rehabilitation, arthritis treatment, general orthopedics, work-related and acute orthopedic injuries.
For more information, visit www.OrthoAtlanta.com, or email pr@orthoatlanta.com.
Piedmont is empowering Georgians by changing health care. We continue to fuel Georgia's growth through safe, high-quality care close to home – an integrated health care system that provides a hassle-free, unified experience. Every year, we have over 30 million visits to Piedmont.org, more than 450,000 appointments scheduled online by patients and over 100,000 virtual visits. We are a private, not-for-profit organization that for centuries has lived up to our purpose to make a positive difference in every life we touch in the communities we serve. Today our organization is supported by a work force of more than 37,000 who care for 3.4 million patients across 1,400 locations and serving communities that comprise 80 percent of Georgia's population. This includes 22 hospitals, including three inpatient rehabilitation hospitals, 65 Piedmont Urgent Care centers, 25 QuickCare locations, 1,875 Piedmont Clinic physician practices and more than 2,800 Piedmont Clinic members. Piedmont has provided $1.4 billion in uncompensated care and community benefit programming to the communities we serve over the past five years. In 2022, Forbes ranked us No. 166 on its list of the Best Large Employers in the United States. In 2021, the Leapfrog Group, a nonprofit that rates hospitals on safety, awarded Piedmont more A grades than any system in Georgia.
For more information visit piedmont.org.
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https://www.kxii.com/prnewswire/2022/08/05/orthoatlanta-opens-new-location-cartersville/
| 2022-08-05T19:05:01Z
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NEW YORK, June 30, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
F-star Therapeutics, Inc. (NASDAQ: FSTX)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of F-star Therapeutics, Inc. (NASDAQ: FSTX), in connection with the proposed acquisition of FSTX by invoX Pharma ("invoX") via a tender offer. Under the terms of the merger agreement, FSTX shareholders will receive $7.12 in cash for each share of FSTX common stock owned. If you own FSTX shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/fstx
Zendesk, Inc. (NYSE: ZEN)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Zendesk, Inc. (NYSE: ZEN), in connection with the proposed acquisition of ZEN by investment firms Permira and Hellman & Friedman LLC. Under the terms of the merger agreement, ZEN shareholders will receive $77.50 in cash for each share of ZEN common stock owned. If you own ZEN shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/zen
ManTech International Corporation (NASDAQ: MANT)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of ManTech International Corporation (NASDAQ: MANT), in connection with the proposed acquisition of MANT by funds managed by The Carlyle Group Inc. Under the terms of the merger agreement, MANT shareholders will receive $96.00 in cash for each share of MANT common stock owned. If you own MANT shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/mant
Rattler Midstream LP (NASDAQ: RTLR)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Rattler Midstream LP (NASDAQ: RTLR), in connection with the proposed merger of RTLR with Diamondback Energy, Inc. ("Diamondback). Under the terms of the merger agreement, RTLR unitholders will receive 0.113 units of Diamondback for each unit of RTLR common unit owned, representing implied per-share merger consideration of approximately $13.82 based upon Diamondback's June 29, 2022 closing price of $122.31. If you own RTLR shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/rtlr
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SOURCE Weiss Law
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https://www.mysuncoast.com/prnewswire/2022/06/30/shareholder-alert-weiss-law-reminds-fstx-zen-mant-rtlr-shareholders-about-its-ongoing-investigations/
| 2022-06-30T22:11:48Z
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IRVINE, Calif., July 6, 2022 /PRNewswire/ -- Modulim, a health technology company that delivers point-of-care microvascular and data insights to save limbs and improve lives, announced today that it has launched its Limb Assessment, Management, & Preservation (LAMP) solution to enable accountable care organizations to achieve better outcomes for high-risk Chronic Kidney Disease (CKD) and End-Stage Renal Disease (ESRD) patients.
With the Centers for Medicare and Medicaid Services' (CMS) 2022 launch of the Kidney Care Choices (KCC) Model, participating nephrology practices are implementing new processess to provide more holistic and cost-effective care for their patients. The new KCC value-based care program incentivizes proactive care coordination to reduce preventable hospitalizations, improve patient outcomes, and reduce the total cost of care.
"Renal patients with diabetes are at increased risk for amputations due to their underlying microvascular and peripheral arterial disease. We have published findings discussing circulatory signatures that are specific to the 'renal foot'. As stated by the International Working Group of the Diabetic Foot (IWGDF), these patients can benefit from a programmatic and multidisciplinary approach to reduce these complications and improve patient outcomes" said David G. Armstrong, Professor of Surgery and Director, Southwestern Academic Limb Salvage Alliance (SALSA) at Keck School of Medicine.
Modulim has developed the LAMP solution that integrates Clarifi® Imaging System and Modulim Cloud to deliver actionable clinical insights for the management of high-risk patients. Studies have shown that the prevalence rate of ulcers (25.7%), hospitalizations related to limb complications (15.5%), amputations (8.8%), and death (1.3%) for dialysis patients with diabetes is extremely high and represents a large burden on healthcare systems worldwide.1 LAMP provides value-based care groups an easy-to-implement programmatic solution that integrates limb microvascular assessment to facilitate population health management and multidisciplinary care coordination for these high-need patients.
"The new KCC value-based care programs incentivize proactive care coordination to reduce preventable hospitalizations and improve outcomes. Our high-risk renal patients are at elevated risk for amputations due to their underlying diabetes and peripheral arterial disease and there is a need to manage and reduce these complications and improve patient outcomes with coordinated care" said Terry Ketchersid, Chief Medical Officer for the Integrated Care Group at Fresenius Medical Care North America.
The announcement to enter this market comes after Modulim conducted a successful multi-site pilot at several dialysis clinics in Southern California. "When we look at the statistics, every 7 seconds someone dies from diabetes, every 20 seconds a diabetic patient is amputated, and the cost of diabetic foot ulcers is greater than the 5 most deadly forms of cancer. It is clear that we have an unmet epidemic in our healthcare system," said Charlie Huiner, President and Chief Executive Officer of Modulim. "We are 100% focused on improving outcomes by changing healthcare from reactive to proactive for these patients. We are excited to work with leading dialysis providers, nephrology groups, and specialists to improve the lives of the estimated 600,000 kidney disease patients on dialysis in the U.S. who commonly suffer from lower limb circulatory complications."
Modulim delivers transformative imaging and data solutions that empower clinicians to better diagnose, treat, and manage lower limb complications. Clarifi®, powered by Spatial Frequency Domain Imaging (SFDI) technology, quantifies and maps tissue health at the point-of-care through non-contact rapid microvascular assessment. Modulim Cloud™ promotes timely, proactive data-driven decisions to better manage patient care by digitally connecting clinicians and healthcare systems. Modulim is based in Irvine, CA, with a team dedicated to delivering powerful healthcare solutions that revolutionize the standard of care for patients with diabetes, kidney disease, and peripheral vascular disease.
Clarifi is a registered trademark of Modulated Imaging (dba Modulim).
References:
- Kaminski, M.R., Lambert, K.A., Raspovic, A. et al. Risk factors for foot ulceration in adults with end-stage renal disease on dialysis: a prospective observational cohort study. BMC Nephrol 20, 423 (2019). https://doi.org/10.1186/s12882-019-1594-5
Contacts
Blake Byrne
Director of Marketing
(949) 825-5095
bbyrne@modulim.com
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SOURCE Modulim
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https://www.wibw.com/prnewswire/2022/07/06/modulim-announces-intent-drive-value-based-care-nephrology-market-with-custom-limb-preservation-solution/
| 2022-07-06T19:42:32Z
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Creatives to bring wildly creative experience to Topeka Zoo
TOPEKA, Kan. (WIBW) - Artists, dancers, musicians and magicians alike will bring a wildly creative experience to the Topeka Zoo on Sept. 3.
The Ballet Midwest, Inc., says visitors at the Topeka Zoo, 635 SW Gage Blvd., will have a wildly artistic experience when they visit on Saturday, Sept. 3, with its second annual Wildly Creative: Arts with the Animals. It said Ballet Midwest, Inc., along with many of the Capital City’s favorite entertainers will be in attendance.
Ballet Midwest noted that with regular zoo admission, guests will enjoy special performances, craft activities and a scavenger hunt throughout the zoo.
“We wanted to create an event that would give young children an introduction to ballet and other performing arts that doesn’t require them to sit still and be indoors,” says Lacee Sandgren, Artistic Director of Ballet Midwest. “The zoo provides the perfect environment for children to do more than just watch the dancers but to also interact with them and see their costumes up close.”
The studio said children and adults will be able to look forward to performances from:
- The Firebird - performed by Beatrice Reilly
- Odette and Odile, the black and white swans from Swan Lake - performed by Alaina Barry and Marcella Butcher
- White Cat and Puss-n-Boots - performed by Ellie Ericson and John Pryor
- Lilac Fairy - performed by Emily Patton
Ballet Midwest noted that these performances will be presented by Camp Cowabunga.
Joining Ballet Midwest for the event will be Kyler Carpenter - a popular Topeka musician from the Public Library who engages all ages to sing and dance during his performances - and magician Curtis Sneden will dazzle with illusions.
“The craft activities and scavenger hunt were very popular last year,” says Sandgren, “So that will be another aspect to the Wildly Creative experience for kids to enjoy.” New this year, Board & Brush Creative Studio will have a special activity to make wooden ornaments. There will be stations set up throughout the zoo for other crafts including ribbon hoops, tiaras, crowns and coloring pages. The scavenger hunt will send participants throughout the zoo to collect stickers and win a prize.
Ballet Midwest also indicated that pediatric dentist Dr. Laura Vaughn as well as Compnay and Junior Company Dancers from Ballet Midwest will lend a hand.
For more information about the event, click HERE.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/08/25/creatives-bring-wildly-creative-experience-topeka-zoo/
| 2022-08-25T18:56:36Z
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2021 French Open champ Krejcikova says she has COVID-19
By HOWARD FENDRICH
AP Tennis Writer
PARIS (AP) — Last year’s French Open champion in singles and doubles says she has tested positive for COVID-19 and will withdraw from the tournament. Barbora Krejcikova already lost in the first round of singles but said in a posting on Instagram that now she will need to drop out of trying to defend the doubles title she won in 2021 with Katerina Siniakova. The 26-year-old Krejcikova is the second player to announce she tested positive for the illness caused by the coronavirus since the year’s second Grand Slam tournament began on Sunday. Another Czech player, Marie Bouzkova, pulled out of the clay-court event before her second-round singles match.
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https://localnews8.com/sports/ap-national-sports/2022/05/25/2021-french-open-champ-krejcikova-says-she-has-covid-19/
| 2022-05-26T03:13:07Z
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Sunday night forecast: Even hotter Monday
Next cold front arrives Wednesday
TOPEKA, Kan. (WIBW) - After a break from the extreme heat last week, today was significantly warmer with highs in the low to mid 90s. Temperatures should remain above 70° overnight into tomorrow morning. Even hotter conditions are set to arrive on Monday with highs in the mid to upper 90s under a mostly sunny sky. The air will be quite humid, and heat indices may reach 105° during the afternoon. Be sure to stay hydrated and, if possible, take frequent breaks inside with air conditioning.
Triple-digit highs are expected in many areas on Tuesday with a breezy wind out of the southwest at 10 to 20 mph. A weak cold front looks to arrive in northeast Kansas late Wednesday, which could lead to a few scattered showers and thunderstorms by Wednesday night.
The front will not lead to much heat relief with highs still in the mid 90s Thursday and Friday. Other than the chance of rain Wednesday night, this week should be mainly dry.
Tonight: Mostly clear. Low 72. Winds SW at 5 to 10 mph.
Monday: Mostly sunny. High 97. Winds S at 5 to 15 mph.
Tuesday: Mostly sunny; breezy. High 100. Winds SW at 10 to 20 mph.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/07/31/sunday-night-forecast-even-hotter-monday/
| 2022-08-01T00:57:48Z
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RICHMOND, Va., Aug. 18, 2022 /PRNewswire/ -- The Virginia Retirement System reported a 0.6% return, net of fees, on its investment portfolio for fiscal year 2022, ending the year with approximately $101.2 billion.
"We registered a positive return by following VRS' long-term strategy of diversification while taking advantage of strong private markets," Chief Investment Officer Ronald D. Schmitz said. "Although the return was muted compared to last year's banner 27.5%, the VRS total fund outperformed passively managed stock and bond indices by over 10%. In addition, we exceeded the assumed rate of return for the three-, five- and 10-year periods."
"VRS remains in a solid position to support our current and future retirees while maintaining stable contribution rates for our employers," said VRS Board Chair A. Scott Andrews. "Our investment professionals are bound by a risk-controlled approach, typically contributing about 0.5% of average added value annually over the long term. In a year scarred by inflation, war, supply chain issues and other disruptions, the VRS investment staff achieved a remarkable 6% of added value above the benchmark, which translates to hundreds of millions toward the bottom line of the VRS trust fund."
During fiscal year 2022, the major asset classes performed as follows:
- Public equity program returned -14.8%
- Fixed income program returned -10.6%
- Credit strategies program returned 1.5%
- Real assets program returned 21.7%
- Private equity program returned 27.4%
- Private investment partnerships 17.0%
- Multi-asset public strategies -4.7%
The portfolio included approximately $29.9 billion in public equity, $12.9 billion in fixed income, $14.5 billion in credit strategies, $15.1 billion in real assets, $19.0 billion in private equity, $2.6 billion in private investment partnerships and $3.6 billion in public strategies portfolio, as of June 30, 2022.
For more information about VRS' investment strategy, visit varetire.org/investments.
The Virginia Retirement System, an independent state agency based in Richmond, delivers retirement and other benefits to covered Virginia public sector employees through sound financial stewardship and superior customer service. VRS ranks as the 17th largest public or private pension fund in the U.S. and the 46th largest in the world, serving more than 750,000 active and inactive members, retirees and beneficiaries. Members include public school teachers, political subdivision employees (cities, towns, special authorities and commissions), state agency employees, public college and university personnel, state police, Virginia law officers and the judiciary. Approximately 835 employers participate in VRS.
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SOURCE Virginia Retirement System
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https://www.wibw.com/prnewswire/2022/08/18/vrs-reports-06-return-fiscal-year-2022/
| 2022-08-18T15:44:41Z
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Automaker Surprised School District at Volunteer Event to Set Up Classrooms for 2022-2023 School Year
CAMDEN, N.J., Aug. 31, 2022 /PRNewswire/ -- Subaru of America, Inc. (SOA) today announced that in continuation of its work to support the students of the Camden City School District, the automaker will "adopt" all middle school (grades six through eight) classrooms in the district, providing critical learning materials to students. The adoption is part of the Subaru Loves Learning initiative, a partnership with AdoptAClassroom.org to give all students an equal opportunity to thrive in the classroom.
The adoption of Camden City School District middle schools will impact seven schools, 88 classrooms, and 1,184 students. In addition to providing flexible funding for teachers to purchase supplies customized to their classroom, Subaru will also provide school supply kits of classroom essentials, packed by employees at Subaru of America.
"All students deserve the tools to thrive and succeed in the classroom, and we want our friends and neighbors in Camden to have every opportunity to get a great education and achieve their goals," said Thomas J. Doll, President and CEO, Subaru of America, Inc. "We hope this 'adoption' from Subaru helps support a great school year for all."
Employees from Subaru of America headquarters surprised Camden City School District faculty with the announcement at a volunteer day to help teachers set up their classrooms. More than 100 Subaru volunteers traveled to schools throughout the district to help set up and clean classrooms, decorate bulletin boards, and more in preparation for the first day of school.
"Middle school is a pivotal moment in a child's education and lacking essential learning materials adds extra burdens to students, parents and classrooms," said Katrina McCombs, Superintendent of the Camden City School District. "Thanks to Subaru, the Camden City School District can focus on doing what we do best: helping students in our school district achieve their highest potential."
Headquartered in Camden, Subaru of America has a long history of supporting education in the local community. In 2021, Subaru adopted all kindergarten through fifth grade (K-5) classrooms in the Camden City School District. And since 2016, Subaru has provided more than 160 scholarships to support graduating seniors from Camden schools via the "Remarkable Graduates" program.
As part of the Subaru Loves Learning initiative, Subaru of America and more than 600 participating retailers are working with AdoptAClassroom.org to help teachers and schools purchase the tools and materials they need for their students. The adoption of classrooms in the Camden City school district reinforces the automaker's dedication to enhancing the learning experience for students, especially in their hometown of Camden.
For information about Subaru Loves Learning and to find out more about the partners that Subaru supports, visit subaru.com/learning.
About Subaru of America, Inc.
Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile manufacturing plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $270 million to causes the Subaru family cares about, and its employees have logged nearly 78,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do.
For additional information visit media.subaru.com. Follow us on Facebook, Twitter, and Instagram.
Diane Anton
Corporate Communications Manager
(856) 488-5093
danton@subaru.com
Jessica Caufield
Corporate Communications Specialist
(856) 488-3173
jcaufi@subaru.com
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| 2022-08-31T19:50:40Z
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Delivers record net income for a third straight quarter
Achieves record coking coal realizations and gross coking coal margins
Announces a quarterly dividend of $118.7 million, or $6.00 per share
ST. LOUIS, July 28, 2022 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today reported net income of $407.6 million, or $19.30 per diluted share, in the second quarter of 2022, compared with net income of $27.9 million, or $1.66 per diluted share, in the prior-year period. Arch had adjusted earnings before interest, taxes, depreciation, depletion, amortization, accretion on asset retirement obligations (ARO), and non-operating expenses ("adjusted EBITDA") [1] of $460.0 million in the second quarter of 2022, which included a $1.9 million non-cash mark-to-market loss associated with its coal-hedging activities. This compares to $66.5 million of adjusted EBITDA in the second quarter of 2021, which included an $8.8 million non-cash mark-to-market loss associated with its coal-hedging activities. Revenues totaled $1,133.4 million for the three months ended June 30, 2022, versus $450.4 million in the prior-year quarter.
In the second quarter of 2022, Arch made significant progress on numerous strategic priorities and objectives:
- Delivered record net income for the third straight quarter
- Achieved record coking coal realizations and gross coking coal margins
- Reduced total indebtedness by $135.8 million, or 42.1 percent, resulting in a net positive cash position of $94.9 million
- Reached the targeted funding level of $130.0 million – inclusive of a July payment of $30 million – for its recently established thermal mine reclamation fund
- Deployed $280.7 million for dividends and convertible securities settlements under its recently relaunched capital return program, and
- Declared a third quarter cash dividend of $118.7 million, or $6.00 per share, even with a $137.8 million build in the company's receivables balance associated with a substantial increase in high-priced seaborne shipments in the quarter's second half
"During the second quarter, the Arch team delivered another strong financial performance – with record net income, record coking coal realizations and record coking coal margins – despite continuing rail service challenges and isolated geologic issues in our core metallurgical segment," said Paul A. Lang, Arch's CEO and president. "In addition, Arch deployed a total of $280.7 million under its recently relaunched capital return program; further fortified the balance sheet via the repayment of $135.8 million of indebtedness; and contributed $90 million to the thermal mine reclamation fund – inclusive of a July payment – that increased total funding to $130.0 million, or 100 percent of the target level. In short, we are delivering on our clear, consistent and actionable plan for value creation by continuing to strengthen our financial position and reward our stockholders."
"Based on the continuing strength in Arch's operating performance and in keeping with the company's recently adopted capital return formula, the board has declared a total quarterly dividend of $118.7 million, or $6.00 per share, which is equivalent to 50 percent of Arch's second quarter discretionary cash flow," Lang added. "We view this substantial dividend, in conjunction with the $8.11 per share dividend paid in the second quarter, as a clear indication of the board's ongoing confidence in the company's future outlook, and as compelling evidence of Arch's significant and expanding cash-generating capabilities."
Capital Allocation Model
In February 2022, Arch announced a new capital allocation model that includes the return to stockholders of 50 percent of the prior quarter's discretionary cash flow – defined as cash flow from operating activities minus capital expenditures and contributions to the thermal mine reclamation fund – via a variable quarterly cash dividend in conjunction with a fixed quarterly cash dividend. The company plans to retain the remaining discretionary cash flow from the prior quarter for use in share buybacks, the repurchase of potentially dilutive securities, special dividends, and/or capital preservation.
Arch generated $268.2 million in cash flow from operating activities in the second quarter, despite a $137.8 million build in the company's receivables balance associated with a substantial increase in high-priced seaborne shipments in the quarter's second half. The second quarter dividend payment of $6.00 per share – which includes a fixed component of $0.25 per share and a variable component of $5.75 per share – is payable on September 15, 2022 to stockholders of record on August 31, 2022.
While the board is still evaluating the optimal use of the discretionary cash flow remaining after the announced cash dividend payment, it views share buybacks as an effective means of returning capital to stockholders and views Arch stock as an attractive investment option.
The Arch board recently increased the company's authorization under its share repurchase program to $500.0 million.
Financial and Liquidity Update
Arch ended the second quarter with cash and cash equivalents of $281.9 million and total liquidity of $349.7 million. As indicated, Arch repaid $135.8 million of its outstanding indebtedness during the second quarter, reducing its total debt outstanding to just $187.0 million and resulting in a net positive cash position of $94.9 million at quarter-end.
"We are pleased to deliver on our commitment to returning our discretionary cash flow to stockholders, even as we take steps to further fortify our balance sheet, fully fund our thermal mine reclamation fund, and simplify our capital structure via the settlement of a significant percentage of our convertible notes," said Matthew C. Giljum, Arch's chief financial officer. "Through these carefully structured efforts, we believe we are driving significant value for our stockholders while at the same time reducing the overall risk profile of the company and ensuring we have the financial flexibility to manage through future market downturns."
Since the beginning of 2022, Arch has deployed approximately $403.2 million under its capital return program (inclusive of the just-announced third quarter dividend); reduced its total debt by an aggregate of $417.5 million, or approximately 70%; and used a total of $110.0 million to complete the cash pre-funding of its thermal mine reclamation fund.
Operational Update
"The Arch team generated strong margins in both our core metallurgical and legacy thermal segments during the second quarter despite ongoing rail service disruptions, mounting inflationary pressures, and isolated geologic issues in our coking coal portfolio," said John T. Drexler, Arch's chief operating officer. "Even with localized, tougher-than-expected cutting conditions in the second panel at Leer South, the metallurgical segment continued to build coking coal inventories during the quarter. With 1.1 million tons of high-value coking coal in our mine and port stockpiles at quarter-end and the expectation of much-improved geologic conditions at Leer South beginning in late August, we fully expect to capitalize on still-strong market conditions as rail service recovers."
Despite higher-than-anticipated unit costs related to localized geologic issues, higher sales-sensitive costs associated with a higher average selling price, and inflationary pressures on materials and supplies, the metallurgical segment generated record margins during the second quarter. Arch expects coking coal shipments to increase modestly in the third quarter when compared to second quarter levels, reflecting gradually improving but still hampered rail and logistical service levels, but has adjusted down full-year volume guidance to reflect ongoing challenges.
Despite a sequential stepdown in shipments during the second quarter, which is typically the weakest shipping period of the year in the Powder River Basin, as well as modest margin erosion, Arch's legacy thermal segment again generated robust amounts of cash.
Strategic Plan for Legacy Thermal Assets
During the second quarter, Arch continued to deliver on its dual objectives of driving forward with an accelerated reclamation plan at its legacy thermal operations, while simultaneously harvesting cash from these assets. During the quarter, the legacy thermal segment delivered $93.3 million in segment-level adjusted EBITDA while expending just $4.6 million in capital. Over the past 23 quarters, Arch's thermal operations have contributed just under $1.1 billion in segment-level adjusted EBITDA, while expending just $118.6 million in capital.
Since the beginning of 2021, Arch has reduced the asset retirement obligation at its Powder River Basin operations by more than 20 percent to $151.2 million at June 30, 2022. As previously discussed, Arch has also created a thermal mine reclamation fund that it is using to pre-fund and defease the long-term mine closure and reclamation obligations of its Powder River Basin operations. Inclusive of a $60 million contribution to this fund in the second quarter and an incremental $30 million contribution earlier this month, the company has now reached its targeted funding level of $130 million, matching the asset retirement obligation at the Black Thunder mine. Arch expects future contributions to this fund to total $3 million to $5 million per quarter – consistent with projected future accretion related to its asset retirement obligation at Black Thunder – potentially offset by creditable reclamation work completed during any given period.
"Since establishing our thermal mine reclamation fund in the fourth quarter of 2021, we have moved quickly to build the fund's balance to the targeted level of $130 million," Giljum said. "In doing so, we have set the stage for strong, continued cash generation from these assets even as we move forward with winding them down over an extended timeframe in a careful and responsible manner."
Market Update
While global metallurgical coal markets have softened considerably in recent weeks, coking coal prices remain at exceptionally strong levels in historic terms. Arch's primary product, High-Vol A coking coal, is currently being assessed at $249 per metric ton on the U.S. East Coast. The principal driver behind the recent erosion in coking coal market dynamics, Arch believes, is slowing economic growth across most of the world, which is having the predictable knock-on effect on global steel markets. For the first six months of 2022, global hot metal production is down approximately 5.5 percent.
However, Arch sees other market dynamics that are acting to support global coking coal markets at present. The first of these is still-weak coking coal production and shipping levels globally. Coking coal exports out of Australia – traditionally the source of more than 50 percent of seaborne coking coal supply – continue to undershoot already weak 2021 levels, with export volumes down approximately 5 million tons, or roughly 7 percent, year-to-date. Additionally, the war in Ukraine threatens to trim Russian coking coal export levels, particularly once the EU's ban on Russian coal imports take effect in a few weeks' time. Elsewhere, U.S. and Canadian export levels are up only modestly year-to-date, despite exceptionally strong pricing levels through the year's first half.
Another potential support mechanism for the global coking coal market is a still strong international thermal market. The price for thermal coal in Australia is currently around $415 per metric ton, and the thermal price in northern Europe stands at approximately $390 per metric ton. As a result of that nearly unprecedented negative spread between metallurgical and thermal prices, Arch recently sold a vessel of its High-Vol B coking coal to a European thermal customer for delivery in the fourth quarter, at a price significantly above the U.S. East Coast metallurgical marks, and is actively exploring other such opportunities.
In addition, Arch continues to capitalize on exceptionally strong international thermal market conditions directly through the export of thermal volumes from its West Elk and – to a lesser extent – Black Thunder mines. While rail service remains a significant barrier to moving additional volumes to energy-short international customers, Arch still anticipates shipping an incremental 600,000 tons of West Elk coal and nearly 500,000 tons of Black Thunder coal into international markets in the second half of 2022, at exceptional price levels.
Looking Ahead
"With our greatly upgraded coking coal portfolio, Arch is exceptionally well-positioned to capitalize on still-constructive coking coal market dynamics, both in the near and longer term, while continuing to harvest robust amounts of cash from our increasingly de-risked legacy thermal segment," said Lang. "Even with rail-related volume constraints, inflation-driven cost pressures, and lower-than-anticipated productivity rates, we expect to generate significant amounts of discretionary cash flow in the year's second half, and to return this cash flow to stockholders according to the clearly articulated tenets of our recently established capital return formula."
"Looking ahead, we fully expect our world-class metallurgical asset base, premium High-Vol A product slate, highly fortified financial position, top-tier marketing and logistics expertise, and industry-leading ESG performance to continue to differentiate Arch from its competitors and to drive exceptional value for our stakeholders."
Note: The company is unable to present a quantitative reconciliation of its forward-looking non-GAAP Segment cash cost per ton sold financial measures to the most directly comparable GAAP measures without unreasonable efforts due to the inherent difficulty in forecasting and quantifying with reasonable accuracy significant items required for the reconciliation. The most directly comparable GAAP measure, GAAP cost of sales, is not accessible without unreasonable efforts on a forward-looking basis. The reconciling items include transportation costs, which are a component of GAAP cost of sales. Management is unable to predict without unreasonable efforts transportation costs due to uncertainty as to the end market and FOB point for uncommitted sales volumes and the final shipping point for export shipments. In addition, the impact of hedging activity related to commodity purchases that do not receive hedge accounting and idle and administrative costs that are not included in a reportable segment are additional reconciling items for Segment cash cost per ton sold. Management is unable to predict without unreasonable efforts the impact of hedging activity related to commodity purchases that do not receive hedge accounting due to fluctuations in commodity prices, which are difficult to forecast due to their inherent volatility. These amounts have historically varied and may continue to vary significantly from quarter to quarter and material changes to these items could have a significant effect on our future GAAP results. Idle and administrative costs that are not included in a reportable segment are expected to be between $10 million and $20 million in 2022.
Arch Resources is a premier producer of high-quality metallurgical products for the global steel industry. The company operates large, modern and highly efficient mines that consistently set the industry standard for both mine safety and environmental stewardship. Arch Resources from time to time utilizes its website – www.archrsc.com – as a channel of distribution for material company information. To learn more about us and our premium metallurgical products, go to www.archrsc.com.
Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and future plans, and often contain words such as "should," "could," "appears," "estimates," "projects," "targets," "expects," "anticipates," "intends," "may," "plans," "predicts," "believes," "seeks," "strives," "will" or variations of such words or similar words. Actual results or outcomes may vary significantly, and adversely, from those anticipated due to many factors, including: impacts of the COVID-19 pandemic; changes in coal prices, which may be caused by numerous factors beyond our control, including changes in the domestic and foreign supply of and demand for coal and the domestic and foreign demand for steel and electricity; volatile economic and market conditions; operating risks beyond our control, including risks related to mining conditions, mining, processing and plant equipment failures or maintenance problems; weather and natural disasters; the unavailability of raw materials, equipment or other critical supplies, mining accidents, and other inherent risks of coal mining that are beyond our control; loss of availability, reliability and cost-effectiveness of transportation facilities and fluctuations in transportation costs; inflationary pressures and availability and price of mining and other industrial supplies; the effects of foreign and domestic trade policies, actions or disputes on the level of trade among the countries and regions in which we operate, the competitiveness of our exports, or our ability to export; competition, both within our industry and with producers of competing energy sources, including the effects from any current or future legislation or regulations designed to support, promote or mandate renewable energy sources; alternative steel production technologies that may reduce demand for our coal; the loss of key personnel or the failure to attract additional qualified personnel and the availability of skilled employees and other workforce factors; our ability to secure new coal supply arrangements or to renew existing coal supply arrangements; the loss of, or significant reduction in, purchases by our largest customers; disruptions in the supply of coal from third parties; risks related to our international growth; our relationships with, and other conditions affecting our customers and our ability to collect payments from our customers; the availability and cost of surety bonds, including potential collateral requirements; additional demands for credit support by third parties and decisions by banks, surety bond providers, or other counterparties to reduce or eliminate their exposure to the coal industry; inaccuracies in our estimates of our coal reserves; defects in title or the loss of a leasehold interest; losses as a result of certain marketing and asset optimization strategies; cyber-attacks or other security breaches that disrupt our operations, or that result in the unauthorized release of proprietary, confidential or personally identifiable information; our ability to acquire or develop coal reserves in an economically feasible manner; our ability to comply with the restrictions imposed by our term loan debt facility and other financing arrangements; our ability to service our outstanding indebtedness and raise funds necessary to repurchase our convertible notes for cash following a fundamental change or to pay any cash amounts due upon conversion; existing and future legislation and regulations affecting both our coal mining operations and our customers' coal usage; governmental policies and taxes, including those aimed at reducing emissions of elements such as mercury, sulfur dioxides, nitrogen oxides, particulate matter or greenhouse gases; increased pressure from political and regulatory authorities, along with environmental and climate change activist groups, and lending and investment policies adopted by financial institutions and insurance companies to address concerns about the environmental impacts of coal combustion; increased attention to environmental, social or governance matters; our ability to obtain and renew various permits necessary for our mining operations; risks related to regulatory agencies ordering certain of our mines to be temporarily or permanently closed under certain circumstances; risks related to extensive environmental regulations that impose significant costs on our mining operations, and could result in litigation or material liabilities; the accuracy of our estimates of reclamation and other mine closure obligations; the existence of hazardous substances or other environmental contamination on property owned or used by us; risks related to tax legislation and our ability to use net operating losses and certain tax credits; and our ability to pay base or variable dividends in accordance with our announced capital return program. All forward-looking statements in this press release, as well as all other written and oral forward-looking statements attributable to us or persons acting on our behalf, are expressly qualified in their entirety by the cautionary statements contained in this section and elsewhere in this press release. These factors are not necessarily all of the important factors that could cause actual results or outcomes to vary significantly, and adversely, from those anticipated at the time such statements were first made. These risks and uncertainties, as well as other risks of which we are not aware or which we currently do not believe to be material, may cause our actual future results and outcomes to be materially, and adversely, different than those expressed in our forward-looking statements. For these reasons, readers should not place undue reliance on any such forward-looking statements. These forward-looking statements speak only as of the date on which such statements were made, and we do not undertake, and expressly disclaim, any duty to update our forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by the federal securities laws. For a description of some of the risks and uncertainties that may affect our future results, you should see the risk factors described from time to time in the reports we file with the Securities and Exchange Commission.
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https://www.wibw.com/prnewswire/2022/07/28/arch-resources-reports-second-quarter-2022-results/
| 2022-07-28T11:28:09Z
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NEW YORK, Aug. 15, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Celsius Financial Products, including CEL Tokens, Earn Rewards high-interest accounts, and/or Celsius Loan products, between February 9, 2018, and June 13, 2022, inclusive (the "Class Period"), against Celsius Network LLC ("Celsius"), Celsius Lending LLC, Celsius KeyFi LLC (collectively, the "Celsius Entities") and its executives Alexander Mashinsky, Shlomi "Daniel" Leon, David Barse, and Alan Jeffrey Carr (together, "Defendants"), of the important September 13, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Celsius Financial Products, including CEL Tokens, Earn Rewards high-interest accounts, and/or Celsius Loan products you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=7586 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 13, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, Defendants violated provisions of the Securities Act by selling non-exempt securities without registering it. The complaint alleges that Celsius and Individual Defendants violated provisions of the Securities Act by also participating in Celsius' failure to register the Celsius Financial Products. The complaint alleges that the Defendants violated provisions of the New Jersey Common Law by possessing the monetary value of Celsius Financial Products of inflated value which rightfully belongs to the Plaintiff and members of the Class.
Also according to the lawsuit, Defendants violated provisions of the Exchange Act by carrying out a plan, scheme, and course of conduct that Celsius intended to and did deceive retail investors and thereby caused them to purchase Celsius Financial Products at artificially inflated prices; endorsed false statements they knew or recklessly should have known were material misleading, and they made untrue statements of material fact and omitted to state material facts necessary to make the statements made not misleading.
To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=7586 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.
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https://www.mysuncoast.com/prnewswire/2022/08/15/cel-notice-rosen-leading-ranked-firm-encourages-celsius-investors-with-losses-excess-100k-secure-counsel-before-important-deadline-securities-class-action-cel/
| 2022-08-15T23:33:04Z
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TORONTO, July 26, 2022 /PRNewswire/ - Skyservice™ Business Aviation, a leader in business aviation in North America, is pleased to announce the appointment of Ty Dubay as Skyservice's Chief of Staff. This new position at Skyservice will provide added support to the company's strategic growth objectives and expansion plans.
"Ty has an exceptional track record in delivering top-line results and operational accomplishments in business aviation," said Ben Murray, President and CEO of Skyservice. "He is a valuable asset to our team as we continue to accelerate our growth and scale our operations to serve a wider aviation community. We are thrilled to have him part of the Skyservice team."
Mr. Dubay has more than 20 years of global leadership and operational experience in aviation and automotive services. Prior to joining Skyservice, Mr. Dubay was Chief Operating Officer for Mike's Carwash, one of the largest exterior carwash chains in the United States. Under his leadership, the business expanded its retail footprint by 75%. Prior to Mike's Carwash, Ty held progressively responsible roles at NetJets Inc., the largest private aviation company in the world, including as Senior Vice President, Charter Sales & Customer Experience, where he was responsible for the worldwide operations, dispatch and logistics for over 210 aircraft. Mr. Dubay was also the former President of NetJets China, where he led the establishment of NetJets in Hong Kong and the People's Republic of China (PRC), obtaining CCAR Parts 135 and 145 certifications and building the facilities and world-class team of aviation experts in the region.
"I am excited to join Skyservice as the company's Chief of Staff. It is a privilege to work for a company that cultivates and keeps the best business talent while providing clients with excellent service and uncompromising safety," said Mr. Dubay. "We are an organization committed to delivering the best that business aviation has to offer --- and my focus is to expand this caliber of service to more business aviation clients."
Last week, Skyservice announced the appointment of Qi Tang as the company's new Chief Financial Officer. Since taking the helm of the company last spring, Mr. Murray has led Skyservice's expansion to the United States with the rebranding of Leading Edge Jet Center in four Pacific Northwest markets including Seattle, WA. Skyservice also opened Toronto South, its second location at Toronto Lester B. Pearson International Airport (YYZ) and the airport's newest FBO in over 15 years.
Skyservice is a North American leader in business aviation dedicated to innovation, responsible operations, safety, and service excellence. Skyservice is at the forefront of the business aviation industry with best-in-class facilities across North America. Our skilled maintenance teams, outstanding fixed base operation facilities, first-class aircraft management, charter services, aircraft sales and acquisition teams have provided world-class solutions and service for over 35 years. At Skyservice, we aim higher and reach further to best serve our clients. To learn more, visit http://www.skyservice.com/.
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SOURCE Skyservice Business Aviation Inc. - Mississauga, ON
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https://www.wibw.com/prnewswire/2022/07/26/ty-dubay-joins-skyservice-chief-staff-manage-key-growth-initiatives-special-projects/
| 2022-07-26T15:12:32Z
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Rep. Scott Perry says FBI agents seized his cellphone
WASHINGTON (AP) — U.S. Rep. Scott Perry said his cellphone was seized Tuesday morning by FBI agents carrying a search warrant.
The circumstances surrounding the seizure were not immediately known. Perry, though, has been a figure in the congressional investigation into President Donald Trump’s actions leading up to the Jan. 6, 2021, Capitol insurrection.
Former senior Justice Department officials have testified that Perry, a Pennsylvania Republican, had “an important role” in Trump’s effort to try to install Jeffrey Clark — a top Justice official who was pushing Trump’s baseless claims of election fraud — as the acting attorney general.
In a statement Tuesday, Perry said three agents visited him while he was traveling Tuesday with his family and “seized my cell phone.” He called the action “banana republic tactics.”
“They made no attempt to contact my lawyer, who would have made arrangements for them to have my phone if that was their wish,” Perry said. “I’m outraged – though not surprised - that the FBI under the direction of Merrick Garland’s DOJ, would seize the phone of a sitting Member of Congress.”
The lawmaker, representing Pennsylvania’s 10th District, was cited more than 50 times in a Senate Judiciary report released in October 2021 outlining how Trump’s effort to overturn his election defeat to Joe Biden brought the Justice Department to the brink of chaos and prompted top officials there and at the White House to threaten to resign.
Perry, who has continuously disputed the validity of Biden’s victory in Pennsylvania, has said he obliged Trump’s request for an introduction to Clark, then an assistant attorney general whom Perry knew from unrelated legislative matters. The three men went on to discuss their shared concerns about the election, Perry has said.
The Justice Department found no evidence of widespread fraud in Pennsylvania or any other state, and senior Justice officials dismissed Perry’s claims.
The Senate report outlined a call Perry made to then-acting Deputy Attorney General Rich Donoghue in December 2020 to say the department wasn’t doing its job with respect to the elections. Perry encouraged Donoghue to elicit Clark’s help because he’s “the kind of guy who could really get in there and do something about this,” the report said.
Perry has said his “official communications” with Justice Department officials were consistent with the law.
The Justice Department’s inspector general conducted a search in June of Clark’s Virginia home.
Perry slammed the Justice Department’s decision to serve him with a warrant as an “unnecessary and aggressive action.”
“My phone contains info about my legislative and political activities, and personal/private discussions with my wife, family, constituents, and friends,” Perry said. None of this is the government’s business.”
The seizure of Scott’s cellphone was first reported by Fox News Channel.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/08/09/rep-scott-perry-says-fbi-agents-seized-his-cellphone/
| 2022-08-10T01:00:22Z
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ATLANTA, June 29, 2022 /PRNewswire/ -- TQIntelligence, a National Science Foundation-funded organization transforming behavioral healthcare for at-risk youth through artificial intelligence (AI) and voice recognition technology, today announces it is appointing Mark Feinberg as its new Chief Operating Officer effective July 1, 2022.
Mark has held multiple executive leadership positions before joining the TQIntelligence team where he helped lead multiple teams from growth stage to exit. He is also a partner in Feinberg Capital Advisory services, a boutique investment and advisory firm. In this new position, Mark will assume various responsibilities to support the unparalleled growth the organization is experiencing.
"The addition of Mark to our team is the right step for TQIntelligence, as we continue to grow," said Dr. Yared Alemu, founder and CEO of TQIntelligence. "Mark's background and experience will not only support, but develop, strengthen, and expand partnerships, allowing our technology to help those who need mental health support, and the mental health provider community."
Mark is a mental health advocate and is passionate about social justice and mental health access in underserved communities, and recently resigned his role as chief executive officer at two ventured-back tech companies to focus his attention on the growing mental epidemic.
"I am thrilled to join such a talented team of innovators and mental health experts at a critical time when our country faces unparalleled mental health challenges," said Mark, "TQIntelligence's powerful solution is instrumental in transforming behavioral healthcare services for children and at-risk youth. This organization has and will continue to save lives and enable an increased level and quality of care."
TQIntelligence is a voice artificial intelligence (AI) technology company eliminating disparities in mental health treatment, which are primary sources of chronic poverty and educational underachievement. By leveraging voice biomarkers and AI technology, TQIntelligence objectively identifies pediatric trauma and emotional distress, notifying therapists in real-time, during sessions. The technology also remotely monitors patients to support therapist management of high-risk patients. Based in Atlanta, TQIntelligence's early research and ongoing product development have been supported by Blue Cross Blue Shield of Massachusetts, Family Ties Enterprises, Georgia HOPE, Thompson Family and Child Focus, Google for Startups, Google Black Founders Fund, Google Atlanta Founders Academy, Goodie Nation, Kravis Lab for Social Impact, ATDC, The Georgia Minority Business Development Agency, Jumpstart Foundry, Startup Health, Village Capital, ASCEND Atlanta, ACE and Invest Atlanta.
To learn more about TQIntelligence, visit: https://www.tqintelligence.com/
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https://www.mysuncoast.com/prnewswire/2022/06/29/tqintelligence-appoints-new-chief-operations-officer/
| 2022-06-29T23:16:45Z
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The new Cars Café Coffee Shop offers premium in-store coffee service for automotive enthusiasts and coffee lovers alike featuring family-friendly event on Sept. 17
GOODLETTSVILLE, Tenn., Sept. 13, 2022 /PRNewswire/ -- Cars Café™ Coffee Shop, a premium coffee shop concept catering to coffee lovers and automotive enthusiasts will host an event full of family-friendly fun and entertainment at their grand opening in Goodlettsville this Saturday, Sept. 17 from 9 am to 2 pm.
Cars Café™ is adjacent to Tint World® Goodlettsville, located at 500 S. Main St., Suite C, Goodlettsville, Tennessee, 37072. You'll know you've arrived at the right place when you smell the fresh brewed coffee and see the cool cars showcased in the parking lot.
"Cars Café offers a unique experience for patrons who love coffee, cars, or both," said Brian Weed, owner of Cars Café™ Goodlettsville. "It's a comfortable atmosphere where customers can enjoy some of Middle Tennessee's best premium roasted coffee and artisan-inspired baked goods while hanging out with friends. You can also check out the neighboring Tint World®'s customized cars and trucks!"
Cars Café™'s grand opening will include a live music performance, custom and exotic cars, and an opportunity to support Middle Tennessee's Toys for Tots, which accepts donations for its annual Bikes-or-Bust campaign providing free bicycles to area children in need this holiday season.
The first 100 Cars Café Coffee customers on Sept. 17 will receive a free Cars Café™ Coffee travel mug providing a lifetime 10% discount on future coffee purchases.
"Brian's passion and experience is quickly making the Goodlettsville Cars Café a resounding success," said Charles J. Bonfiglio, president and CEO of the Cars Café™ franchise concept. "Cars Café isn't your typical granddad's coffee shop! This is the go-to place for premium roast coffee and delicious, artisan-inspired baked goods. So, visit the new Cars Café Coffee concept to drink, eat, meetup, hangout, and enjoy in their comfortable friendly atmosphere!"
About Cars Café™
Cars Café™ Coffee opened their first location in 2022, with a mission of selling the highest-quality fresh roast coffee and delicious artisan baked goods, connecting coffee lovers and automotive enthusiasts.
Cars Café™ has plans to expand the concept throughout the United States and Canada, with franchise opportunities available in 2023.
For more information about Cars Café, visit https://www.facebook.com/carscafegoodlettsvilletn.
Cars Café™ Contact:
Charles J. Bonfiglio, CEO
(888) 629-8777
info@carscafe.com
MEDIA CONTACT:
Heather Ripley
Ripley PR
hripley@ripleypr.com
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https://www.wibw.com/prnewswire/2022/09/13/cars-caf-coffee-shop-concept-hosts-grand-opening-event-goodlettsville/
| 2022-09-13T16:06:06Z
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Reports Higher NGL and Natural Gas Volumes
TULSA, Okla., May 3, 2022 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced first quarter 2022 results and affirmed full-year 2022 financial guidance.
First Quarter 2022 Results, Compared With First Quarter 2021:
- Net income increased to $391.2 million, resulting in 87 cents per diluted share (EPS).
- Adjusted EBITDA of $863.9 million.
- 24% increase in EPS, excluding the impact of Winter Storm Uri in the first quarter 2021.
- 11% increase in adjusted EBITDA, excluding the impact of Winter Storm Uri in the first quarter 2021.
- 17% increase in total NGL raw feed throughput volumes.
- 24% increase in Rocky Mountain region NGL raw feed throughput volumes.
- 11% increase in Rocky Mountain region natural gas volumes processed.
"ONEOK's first quarter 2022 results were driven by higher NGL and natural gas volumes," said Pierce H. Norton II, ONEOK president and chief executive officer. "Current events continue to demonstrate the importance of natural gas and NGLs in a long-term energy transformation and highlight the critical role ONEOK plays in providing essential energy products and services," added Norton.
FIRST QUARTER 2022 FINANCIAL HIGHLIGHTS
(a) Amounts for the three months ended March 31, 2021, include a benefit of $69.5 million, or 16 cents per diluted share after-tax, related to the impact of Winter Storm Uri.
(b) Adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) is a non-GAAP measure. Reconciliation to the relevant GAAP measure is included in this news release.
(c) Amount for the three months ended March 31, 2021, includes a benefit of approximately $90 million related to the impact of Winter Storm Uri.
FIRST QUARTER 2022 FINANCIAL PERFORMANCE
ONEOK's net income and adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) were $391.2 million and $863.9 million, respectively, in the first quarter 2022. Results benefited from higher natural gas liquids (NGL) and natural gas volumes, and higher average fee rates in the natural gas liquids segment. Net income for the period also benefited from lower interest expense related to lower debt balances and increased capitalized interest.
First quarter 2021 financial results included the net positive impact of approximately $90 million in adjusted EBITDA related to Winter Storm Uri, primarily related to increased natural gas sales.
HIGHLIGHTS:
- Rocky Mountain region NGL raw feed throughput volumes reached more than 385,000 barrels per day (bpd) in April 2022.
- Rocky Mountain region natural gas processed volumes reached more than 1.4 billion cubic feet per day (Bcf/d) in April 2022.
- More than 90 wells connected in the Rocky Mountain region in the first quarter 2022.
- Construction of the 125,000 bpd MB-5 fractionator in Mont Belvieu, Texas, is now expected to be complete in the second quarter 2023.
- Natural gas storage capacity expansions:
- In April 2022, Moody's updated ONEOK's ratings outlook to 'positive' and affirmed the company's investment-grade credit rating.
- In April 2022, ONEOK declared a quarterly dividend of 93.5 cents per share, or $3.74 per share on an annualized basis.
- As of March 31, 2022:
BUSINESS SEGMENT RESULTS:
Natural Gas Liquids Segment
The increase in first quarter 2022 adjusted EBITDA, compared with the first quarter 2021, primarily reflects:
- A $58.3 million increase in exchange services (excluding the impact of Winter Storm Uri in 2021 discussed below) due primarily to:
- A $46.2 million increase in exchange services due primarily to the unfavorable impact of Winter Storm Uri in the first quarter 2021, which resulted in lower volumes across ONEOK's operations and increased electricity costs; offset by
- A $4.3 million decrease in optimization and marketing due primarily to favorable nonrecurring activities in the first quarter 2021 during Winter Storm Uri, offset partially by wider location and commodity price differentials in the first quarter 2022.
Natural Gas Gathering and Processing Segment
The increase in first quarter 2022 adjusted EBITDA, compared with the first quarter 2021, primarily reflects:
- A $24.9 million increase from higher volumes due primarily to increased producer activity in the Rocky Mountain region, offset partially by volume declines in the Mid-Continent region; offset by
- A $6.2 million decrease due primarily to lower realized natural gas prices due to the impact of hedging; and
- A $7.9 million increase in operating costs due primarily to higher materials and supplies expense, and higher outside services expenses primarily related to the growth of ONEOK's operations.
Natural Gas Pipelines Segment
The decrease in first quarter 2022 adjusted EBITDA, compared with the first quarter 2021, primarily reflects:
- A $125.4 million decrease due to increased sales of natural gas previously held in inventory, interruptible transportation revenue and park-and-loan activity related to Winter Storm Uri in the first quarter 2021; offset by
- A $7.2 million increase due primarily to higher average prices on sales of natural gas previously held in inventory, excluding the impact of Winter Storm Uri in the first quarter 2021 discussed above;
- A $6.8 million increase in transportation services due primarily to higher interruptible transportation revenue, excluding the impact of Winter Storm Uri in the first quarter 2021 discussed above, and higher firm transportation rates; and
- A $5.1 million increase in storage services due primarily to higher storage rates.
EARNINGS CONFERENCE CALL AND WEBCAST:
ONEOK executive management will conduct a conference call at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time) on May 4, 2022. The call also will be carried live on ONEOK's website.
To participate in the telephone conference call, dial 888-254-3590, pass code 5317668, or log on to www.oneok.com.
If you are unable to participate in the conference call or the webcast, the replay will be available on ONEOK's website, www.oneok.com, for 90 days. A recording will be available by phone for seven days. The playback call may be accessed at 888-203-1112, pass code 5317668.
LINK TO EARNINGS TABLES AND PRESENTATION:
https://ir.oneok.com/financial-information/financial-reports/2022
NON-GAAP (GENERALLY ACCEPTED ACCOUNTING PRINCIPLES) FINANCIAL MEASURES:
ONEOK has disclosed in this news release adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA), which is a non-GAAP financial metric, used to measure the company's financial performance. Adjusted EBITDA is defined as net income adjusted for interest expense, depreciation and amortization, noncash impairment charges, income taxes, noncash compensation expense, allowance for equity funds used during construction (equity AFUDC), and other noncash items.
Adjusted EBITDA is useful to investors because it, and similar measures, is used by many companies in the industry as a measure of financial performance and is commonly employed by financial analysts and others to evaluate ONEOK's financial performance and to compare the company's financial performance with the performance of other companies within the industry. Adjusted EBITDA should not be considered in isolation or as a substitute for net income or any other measure of financial performance presented in accordance with GAAP.
This non-GAAP financial measure excludes some, but not all, items that affect net income. Additionally, this calculation may not be comparable with similarly titled measures of other companies. A reconciliation of net income to adjusted EBITDA is included in the tables.
ONEOK, Inc. (pronounced ONE-OAK) (NYSE:OKE) is a leading midstream service provider and owner of one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Rocky Mountain, Mid-Continent and Permian regions with key market centers and an extensive network of natural gas gathering, processing, storage and transportation assets.
ONEOK is a FORTUNE 500 company and is included in S&P 500.
For information about ONEOK, visit the website: www.oneok.com.
For the latest news about ONEOK, find us on LinkedIn, Instagram, Facebook and Twitter.
This news release contains certain "forward-looking statements" within the meaning of federal securities laws. Words such as "anticipates," "believes," "continues," "could," "estimates," "expects," "forecasts," "goal," "target," "guidance," "intends," "may," "might," "outlook," "plans," "potential," "projects," "scheduled," "should," "will," "would," and similar expressions may be used to identify forward-looking statements. Forward-looking statements are not statements of historical fact and reflect our current views about future events. Such forward-looking statements include, but are not limited to, statements about the benefits of the transaction involving us, including future financial and operating results, our plans, objectives, expectations and intentions, and other statements that are not historical facts, including future results of operations, projected cash flow and liquidity, business strategy, expected synergies or cost savings, and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this news release will occur as projected and actual results may differ materially from those projected.
Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties, many of which are beyond our control, and are not guarantees of future results. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in such statements and, therefore, you should not place undue reliance on any such statements and caution must be exercised in relying on forward-looking statements. These risks and uncertainties include, without limitation, the following:
- the length, severity and reemergence of a pandemic or other health crisis, such as the COVID-19 pandemic and the measures that international, federal, state and local governments, agencies, law enforcement and/or health authorities implement to address it, which may (as with COVID-19) precipitate or exacerbate one or more of the factors herein, reduce the demand for natural gas, NGLs and crude oil and significantly disrupt or prevent us and our customers and counterparties from operating in the ordinary course for an extended period and increase the cost of operating our business;
- operational challenges relating to the COVID-19 pandemic and efforts to mitigate the spread of the virus, including logistical challenges, protecting the health and well-being of our employees, remote work arrangements, performance of contracts and supply chain disruption;
- the impact on drilling and production by factors beyond our control, including the demand for natural gas and crude oil; producers' desire and ability to drill and obtain necessary permits; regulatory compliance; reserve performance; and capacity constraints and/or shut downs on the pipelines that transport crude oil, natural gas and NGLs from producing areas and our facilities;
- risks associated with adequate supply to our gathering, processing, fractionation and pipeline facilities, including production declines that outpace new drilling, the shutting-in of production by producers, actions taken by federal, state or local governments to require producers to prorate or to cut their production levels as a way to address any excess market supply situations or extended periods of ethane rejection;
- demand for our services and products in the proximity of our facilities;
- economic climate and growth in the geographic areas in which we operate;
- the risk of a slowdown in growth or decline in the United States or international economies, including liquidity risks in United States or foreign credit markets;
- the possibility of future terrorist attacks or the possibility or occurrence of an outbreak of, or changes in, hostilities or changes in the political conditions throughout the world, including the current conflict in Ukraine and the surrounding region;
- performance of contractual obligations by our customers, service providers, contractors and shippers;
- the effects of changes in governmental policies and regulatory actions, including changes with respect to income and other taxes, pipeline safety, environmental compliance, cybersecurity, climate change initiatives, emissions credits, carbon offsets, carbon pricing, production limits and authorized rates of recovery of natural gas and natural gas transportation costs;
- changes in demand for the use of natural gas, NGLs and crude oil because of the development of new technologies or other market conditions caused by concerns about climate change;
- the impact of the transition to a lower-carbon economy, including the timing and extent of the transition, as well as the expected role of different energy sources, including natural gas, NGLs and crude oil, in such a transition;
- the pace of technological advancements and industry innovation, including those focused on reducing GHG emissions and advancing other climate-related initiatives, and our ability to take advantage of those innovations and developments;
- the effectiveness of our risk-management function, including mitigating cyber- and climate-related risks;
- our ability to identify and execute opportunities, and the economic viability of those opportunities, including those relating to renewable natural gas, carbon capture, use and storage, other renewable energy sources such as solar and wind and alternative low carbon fuel sources such as hydrogen;
- the ability of our existing assets and our ability to apply and continue to develop our expertise to support the growth of, and transition to, various renewable and alternative energy opportunities, including through the positioning and optimization of our assets;
- our ability to efficiently reduce our GHG emissions (both Scope 1 and 2 emissions), including through the use of lower carbon power alternatives, management practices and system optimizations;
- the necessity to focus on maintaining and enhancing our existing assets while reducing our Scope 1 and 2 GHG emissions;
- the effects of weather and other natural phenomena and the effects of climate change (including physical and transition-related effects) on our operations, demand for our services and energy prices;
- acts of nature, sabotage, terrorism or other similar acts that cause damage to our facilities or our suppliers', customers' or shippers' facilities;
- the risk of increased costs for insurance premiums, security or other items as a consequence of terrorist attacks;
- the timing and extent of changes in energy commodity prices, including changes due to production decisions by other countries, such as the failure of countries to abide by agreements to reduce production volumes;
- competition from other United States and foreign energy suppliers and transporters, as well as alternative forms of energy, including, but not limited to, solar power, wind power, geothermal energy and biofuels such as ethanol and biodiesel;
- the ability to market pipeline capacity on favorable terms, including the effects of:
- the efficiency of our plants in processing natural gas and extracting and fractionating NGLs;
- the composition and quality of the natural gas and NGLs we gather and process in our plants and transport on our pipelines;
- risks of marketing, trading and hedging activities, including the risks of changes in energy prices or the financial condition of our counterparties;
- our ability to control operating costs and make cost-saving changes;
- the risks inherent in the use of information systems in our respective businesses and those of our counterparties and service providers, including cyber-attacks, which, according to experts, have increased in volume and sophistication since the beginning of the COVID-19 pandemic; implementation of new software and hardware; and the impact on the timeliness of information for financial reporting;
- the timely receipt of approval by applicable governmental entities for construction and operation of our pipeline and other projects and required regulatory clearances;
- the ability to recover operating costs and amounts equivalent to income taxes, costs of property, plant and equipment and regulatory assets in our state and Federal Energy Regulatory Commission (FERC)-regulated rates;
- the results of governmental actions, administrative proceedings and litigation, regulatory actions, executive orders, rule changes and receipt of expected clearances involving any local, state or federal regulatory body, including the FERC, the National Transportation Safety Board, Homeland Security, the Pipeline and Hazardous Materials Safety Administration (PHMSA), the U.S. Environmental Protection Agency (EPA) and the U.S. Commodity Futures Trading Commission (CFTC);
- the mechanical integrity of facilities and pipelines operated;
- the capital-intensive nature of our businesses;
- the impact of unforeseen changes in interest rates, debt and equity markets, inflation rates, economic recession and other external factors over which we have no control, including the effect on pension and postretirement expense and funding resulting from changes in equity and bond market returns;
- actions by rating agencies concerning our credit;
- our indebtedness and guarantee obligations could make us vulnerable to general adverse economic and industry conditions, limit our ability to borrow additional funds and/or place us at competitive disadvantages compared with our competitors that have less debt or have other adverse consequences;
- our ability to access capital at competitive rates or on terms acceptable to us;
- our ability to acquire all necessary permits, consents or other approvals in a timely manner, to promptly obtain all necessary materials and supplies required for construction, and to construct gathering, processing, storage, fractionation and transportation facilities without labor or contractor problems;
- our ability to control construction costs and completion schedules of our pipelines and other projects;
- difficulties or delays experienced by trucks, railroads or pipelines in delivering products to or from our terminals or pipelines;
- the uncertainty of estimates, including accruals and costs of environmental remediation;
- the impact of uncontracted capacity in our assets being greater or less than expected;
- the impact of potential impairment charges;
- the profitability of assets or businesses acquired or constructed by us;
- the risks associated with pending or possible acquisitions and dispositions, including our ability to finance or integrate any such acquisitions and any regulatory delay or conditions imposed by regulatory bodies in connection with any such acquisitions and dispositions;
- the risk that material weaknesses or significant deficiencies in our internal controls over financial reporting could emerge or that minor problems could become significant;
- the impact and outcome of pending and future litigation;
- the impact of recently issued and future accounting updates and other changes in accounting policies; and
- the risk factors listed in the reports we have filed, which are incorporated by reference and may file with the SEC.
These reports are also available from the sources described below. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. ONEOK undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or changes in circumstances, expectations or otherwise.
The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included herein and elsewhere, including the Risk Factors included in the most recent reports on Form 10-K and Form 10-Q and other documents of ONEOK on file with the SEC. ONEOK's SEC filings are available publicly on the SEC's website at www.sec.gov.
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| 2022-05-03T21:09:52Z
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In case you were convinced otherwise, Bryce Dallas Howard reports that the gender pay gap is not extinct.
The actress, speaking to Insider, said she was paid "so much less" than her co-star Chris Pratt for their work in the "Jurassic World" films, released in 2015, 2018 and 2022.
"When I started negotiating for 'Jurassic,' it was 2014, and it was a different world, and I was at a great disadvantage," she said. "And, unfortunately, you have to sign up for three movies, and so your deals are set."
Eventually, she said, she discussed the disparity with Pratt, who took action to get his co-star equal terms on other franchise-related opportunities, like games and theme park rides.
"He literally told me: 'You guys don't even have to do anything. I'm gonna do all the negotiating. We're gonna be paid the same, and you don't have to think about this, Bryce,'" Howard said. "And I love him so much for doing that. I really do, because I've been paid more for those kinds of things than I ever was for the movie."
CNN has reached out to Howard's representative for further comment.
In the films, Howard stars as Claire Dearing, the Jurassic World operations manager, and Pratt plays Owen Grady, a Velociraptor expert and dinosaur handler.
"Jurassic World: Dominion," the sixth film in the Jurassic Park franchise, brought in an estimated $143.3 million in its opening weekend.
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| 2022-08-15T23:04:10Z
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- GAAP Operating Margin of 10.4% and Record Adjusted Operating Margin of 13.9% in Fiscal Fourth Quarter; Fifth Consecutive Quarter of Record Consolidated Adjusted Operating Margin
- 14.7% Organic Revenue Growth in Fiscal 2022 Including Record Electronics Segment Revenue of $304 Million; Electronics Sales and Earnings Have More Than Doubled Since Fiscal 2017
- Free Cash Flow Generation in Fiscal Fourth Quarter of Approximately $19 Million Adding to Substantial Financial Strength
- Expect To Further Build on Momentum with Continued Improvement in Key Financial Metrics in Fiscal 2023
SALEM, N.H., Aug. 4, 2022 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today reported financial results for the fourth quarter of fiscal year 2022 ending June 30, 2022.
Fourth Quarter Fiscal 2022 Results
Commenting on the quarter's results, President and Chief Executive Officer David Dunbar said, "We are pleased with our strong fourth quarter performance which concluded a very successful fiscal 2022. Record consolidated adjusted operating margin of 13.9%, in fiscal fourth quarter 2022 represented a 60 basis point increase year-over-year and a 10 basis point improvement sequentially, despite the impact of the COVID-19 lockdown in China. Each of our five company business segments reported adjusted operating margin of at least 15%, reflecting continued successful company-wide execution on price realization, productivity, and efficiency actions. Sales from fast growth markets such as electric vehicles, green energy, and the commercialization of space increased by 50% to $59 million in fiscal 2022. We are excited about the increasing number of new business opportunities and are well positioned to build on our momentum with improved financial performance in fiscal 2023.
"Highlighting our strengthened operating performance and strategic positioning, the Electronics segment achieved a significant milestone with record sales of $304 million in fiscal 2022. Both revenue and segment operating income have doubled over the past five years as we have aggressively pursued new market opportunities in electric vehicles, renewable energy, and smart grid. Total company backlog realizable in under one year ended at approximately $256 million, representing an approximately 22% increase year-over-year and 4% decrease sequentially.
"Standex's consistent cash generation and substantial financial flexibility position us well to pursue a very active pipeline of organic and inorganic growth opportunities. We realized approximately $19 million in free cash flow in fiscal fourth quarter 2022 and had approximately $313 million in available liquidity and a net debt to adjusted EBITDA ratio of approximately 0.5x.
"We are entering fiscal 2023 well positioned for further growth and continued improved financial performance as we continue to build on our portfolio of high-quality businesses. Our deep technical and applications expertise is favorably aligned with emerging and sustainable global trends in areas such as renewable energy, electric vehicles, defense, human health, and commercialization of space. In addition, our ongoing operational excellence initiatives, increased investment in R&D and strong balance sheet provide further leverage to drive our growth strategy and trajectory of profitability." concluded Dunbar.
Fiscal First Quarter 2023 Outlook
In fiscal first quarter 2023, the Company expects revenue and operating margin to be similar to fiscal fourth quarter 2022, with an increase in revenue and operating margin year-over-year. The Company expects that the Electronics segment will be the primary revenue driver with a moderate increase compared to fiscal fourth quarter 2022. This will be partially offset by the Engineering Technologies segment which is expected to have a moderate to significant decrease in revenue followed by a significant increase in fiscal second quarter 2023 due to project timing. Compared to fiscal fourth quarter 2022, Specialty Solutions segment revenue is expected to be similar, while Engraving and Scientific sales are expected to have a slight sequential revenue decrease.
Fourth Quarter Segment Operating Performance
Electronics (39% of sales; 46% of segment operating income)
Revenue decreased approximately $0.9 million or 1.2% year-over-year reflecting 2.5% organic growth and a 2.1% contribution from acquisitions offset by a 5.8% impact from foreign exchange. End markets including renewable energy and electric vehicles remained favorable. However, as expected, the COVID-19 lockdown in China impacted sales by approximately $6 million in fiscal fourth quarter 2022.
Electronics segment backlog realizable in under one year of approximately $149 million increased 26% year-over-year and was sequentially similar to fiscal third quarter 2022. The segment had a book to bill ratio of 1.2 at the end of the fiscal fourth quarter.
Adjusted operating income increased approximately $0.5 million or 3% year-over-year which primarily reflected price realization and productivity actions. Adjusted operating income excludes approximately $0.4 million of purchase accounting expenses associated with the acquisition of Sensor Solutions.
In fiscal first quarter 2023, on a sequential basis, the Company expects a moderate increase in revenue due to continued positive end market demand trends and some recovery of sales deferred due to the COVID-19 lockdown in China. The Company expects a slight increase in operating margin reflecting the sales increase partially offset by product mix.
Engraving (20% of sales; 18% of segment operating income)
Revenue increased approximately $0.6 million or 1.6% year-over-year reflecting the impact of project mix. Operating income increased $0.4 million or 7% year-over-year due to sales growth and productivity and efficiency actions. In fiscal first quarter 2023, the Company expects a slight sequential decrease in revenue and operating margin due to project mix partially offset by operational improvements.
Scientific (10% of sales; 11% of segment operating income)
As expected, revenue decreased approximately $1.9 million or 9.1% year-over-year reflecting ongoing sales in core end markets such as pharmaceutical, clinical laboratories, and academic institutions offset by lower demand associated with COVID-19 vaccine storage. Operating income decreased approximately $0.4 million or 10.2% year-over-year due to the lower volume.
In fiscal first quarter 2023, on a sequential basis, the Company expects a slight revenue and operating margin decrease due to lower COVID vaccine storage demand.
Engineering Technologies (12% of sales; 9% of segment operating income)
Revenue increased approximately $1.1 million or 5.3% year-over-year primarily due to growth in commercial aviation and energy end market demand. Operating income grew approximately $0.1 million or 4.8% year-over-year reflecting volume growth and project mix.
In fiscal first quarter 2023, on a sequential basis, the Company expects a moderate to significant decrease in revenue reflecting timing of projects and a slight decrease in operating margin, with productivity initiatives mostly offsetting impact of volume decline. Revenue and operating margin are expected to increase significantly due to an increased level of project activity in fiscal second quarter 2023.
Specialty Solutions (19% of sales; 16% of segment operating income)
Specialty Solutions revenue increased approximately $9.4 million or 36.4% year-over-year due to volume growth in food service equipment and refuse end markets and impact of price realization actions at Hydraulics. Operating income grew approximately $2.4 million or 80.4% year-over-year reflecting the volume increase combined with pricing and efficiency actions.
In fiscal first quarter 2023, on a sequential basis, the Company revenue to be similar and operating margin to slightly increase reflecting end market demand trends and the impact of pricing and productivity initiatives.
Capital Allocation
- Share Repurchase: During the fiscal fourth quarter, the Company repurchased approximately 107,314 shares for approximately $10 million. There was approximately $90.6 million remaining on the company's current share repurchase authorization at the end of the fiscal fourth quarter 2022.
- Capital Expenditures: In fiscal fourth quarter 2022, Standex's capital expenditures were $10.8 million compared to $6.1 million in the fiscal fourth quarter of 2021. The Company expects fiscal year 2023 capital expenditures between $35 million and $40 million with key investments focused on growth initiatives and capacity expansion Capital expenditures were $23.9 million in fiscal 2022.
- Dividend: On July 28, 2022, the Company declared a quarterly cash dividend of $0.26 per share, an approximately 8.3% year-over-year increase. The dividend is payable on August 25, 2022, to shareholders of record on August 11, 2022.
Balance Sheet and Cash Flow Highlights
- Net Debt: Standex had net debt of $70 million on June 30, 2022, compared to $63.1 million at the end of fiscal 2021 and $65.8 million at the end of fiscal third quarter 2022. Net debt for the fourth quarter of 2022 consisted primarily of long-term debt of approximately $175 million and cash and equivalents of $104.8 million of which approximately $94 million held by foreign subsidiaries.
Standex repatriated approximately $10 million in fiscal fourth quarter 2022 and $30.8 million in fiscal 2022. The company expects to repatriate between $30 million and $35 million in fiscal 2023.
- Cash Flow: Net cash provided by continuing operating activities for the three months ended June 30, 2022, was $29.5 million compared to net cash provided by continuing operating activities of $32.5 million in the prior year's quarter. The Company generated free cash flow after capital expenditures of $18.8 million compared to free cash flow after capital expenditures of $26.4 million in the fiscal fourth quarter of 2021.
Conference Call Details
Standex will host a conference call for investors tomorrow, August 5, 2022, at 8:30 a.m. ET. On the call, David Dunbar, President, and CEO, and Ademir Sarcevic, CFO, will review the Company's financial results and business and operating highlights. Investors interested in listening to the webcast and viewing the slide presentation should log on to the "Investors" section of Standex's website under the subheading, "Events and Presentations," located at www.standex.com.
A replay of the webcast will also be available on the Company's website shortly after the conclusion of the presentation online through August 5, 2023. To listen to the teleconference playback, please dial in the U.S. (877)-344-7529 or (412)-317-0088 internationally; the passcode is 8952199. The audio playback via phone will be available through August 12, 2022. The webcast replay can be accessed in the "Investor Relations" section of the Company's website, located at www.standex.com.
Use of Non-GAAP Financial Measures
In addition to the financial measures prepared in accordance with generally accepted accounting principles ("GAAP"), the Company uses certain non-GAAP financial measures, including non-GAAP adjusted income from operations, non-GAAP adjusted net income from continuing operations, free operating cash flow, EBITDA (earnings before interest, taxes, depreciation and amortization) adjusted EBITDA, adjusted EBITDA to net debt, and adjusted earnings per share. The attached financial tables reconcile non-GAAP measures used in this press release to the most directly comparable GAAP measures. The Company believes that the use of non-GAAP measures including the impact of restructuring charges, purchase accounting, insurance recoveries, discrete tax events, loss on sale of a business unit, and acquisition costs help investors to obtain a better understanding of our operating results and prospects, consistent with how management measures and forecasts the Company's performance, especially when comparing such results to previous periods. An understanding of the impact in a particular quarter of specific restructuring costs, acquisition expenses, or other gains and losses, on net income (absolute as well as on a per-share basis), operating income or EBITDA can give management and investors additional insight into core financial performance, especially when compared to quarters in which such items had a greater or lesser effect, or no effect. Non-GAAP measures should be considered in addition to, and not as a replacement for, the corresponding GAAP measures, and may not be comparable to similarly titled measures reported by other companies.
About Standex
Standex International Corporation is a multi-industry manufacturer in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Brazil, Turkey, South Africa, India, and China. For additional information, visit the Company's website at http://standex.com/.
Forward-Looking Statements
Statements contained in this Press Release that are not based on historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terminology such as "should," "could," "may," "will," "expect," "believe," "estimate," "anticipate," "intend," "continue," or similar terms or variations of those terms or the negative of those terms. There are many factors that affect the Company's business and the results of its operations and that may cause the actual results of operations in future periods to differ materially from those currently expected or anticipated. These factors include, but are not limited to: the impact of pandemics such as the current coronavirus on employees, our supply chain, and the demand for our products and services around the world; materially adverse or unanticipated legal judgments, fines, penalties or settlements; conditions in the financial and banking markets, including fluctuations in exchange rates and the inability to repatriate foreign cash; domestic and international economic conditions, including the impact, length and degree of economic downturns on the customers and markets we serve and more specifically conditions in the automotive, construction, aerospace, defense, transportation, food service equipment, consumer appliance, energy, oil and gas and general industrial markets; lower-cost competition; the relative mix of products which impact margins and operating efficiencies in certain of our businesses; the impact of higher raw material and component costs, particularly steel, certain materials used in electronics parts, petroleum based products, and refrigeration components; the impact of higher transportation and logistics costs, especially with respect to transportation of goods from Asia; the impact of inflation on the costs of providing our products and services; an inability to realize the expected cost savings from restructuring activities including effective completion of plant consolidations, cost reduction efforts including procurement savings and productivity enhancements, capital management improvements, strategic capital expenditures, and the implementation of lean enterprise manufacturing techniques; the potential for losses associated with the exit from or divestiture of businesses that are no longer strategic or no longer meet our growth and return expectations; the inability to achieve the savings expected from global sourcing of raw materials and diversification efforts in emerging markets; the impact on cost structure and on economic conditions as a result of actual and threatened increases in trade tariffs; the inability to attain expected benefits from acquisitions and the inability to effectively consummate and integrate such acquisitions and achieve synergies envisioned by the Company; market acceptance of our products; our ability to design, introduce and sell new products and related product components; the ability to redesign certain of our products to continue meeting evolving regulatory requirements; the impact of delays initiated by our customers; our ability to increase manufacturing production to meet demand including as a result of labor shortages; and potential changes to future pension funding requirements. In addition, any forward-looking statements represent management's estimates only as of the day made and should not be relied upon as representing management's estimates as of any subsequent date. While the Company may elect to update forward-looking statements at some point in the future, the Company and management specifically disclaim any obligation to do so, even if management's estimates change.
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- WELL achieved record quarterly revenues of $140.3 million in Q2-2022 representing a 127% year-over-year (YoY) increase compared to Q2-2021, driven by accelerating organic growth.
- WELL achieved record Adjusted EBITDA(2) of $26.4 million in Q2-2022, compared to Adjusted EBITDA(2) of $11.9 million for Q2-2021.
- WELL reported Adjusted Net Income(3) of $17.2 million in Q2-2022, compared to Adjusted Net Loss(3) of $1.2 million in Q2-2021.
- WELL delivered 833,819 total omni-channel patient visits in Q2-2022, representing a YoY increase of 49%. When combined with our diagnostic and asynchronous visits, the total number of patient interactions were 1,166,097 in the quarter, representing an annual run-rate of 4.66 million patient interactions.
- WELL is increasing its guidance for 2022 annual revenue to exceed $550 million from the previous guidance for annual revenue to exceed $525 million. WELL also expects to generate approximately $100 million of Adjusted EBITDA(2) and the Company expects to be profitable for the full year of 2022, on an Adjusted Net Income(3) basis.
VANCOUVER, BC , Aug. 11, 2022 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (the "Company" or "WELL"), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, today announced its results for the fiscal second quarter ended June 30, 2022.
Hamed Shahbazi, Chairman and CEO of WELL commented, "Our diligent focus on providing care and support for the care providers themselves is working as I believe our strong financial performance is a by-product of delivering real value to healthcare practitioners in both the US and Canada. We had a great quarter achieving 'best ever' results on both the top and bottom line without even being in our seasonally strongest quarter. These exemplary results were once again driven by an acceleration in our organic growth while maintaining robust operating margins. During the second quarter we achieved over 20% YoY organic growth driven by strong operating performances across all our lines of business including both online and in-person care channels. WELL also achieved record patient visits in the quarter with over 1.16 million combined omni-channel, diagnostic and asynchronous patient interactions – demonstrating our continued leadership position as the preeminent end-to-end healthcare company in Canada, while our US businesses continue to exhibit industry leading growth metrics. WELL's US-based virtual patient services businesses, Circle Medical and Wisp, achieved profitable results and continued growth in revenues with a combined annual revenue run-rate exceeding $115 million in the month of June. Our outlook for the second half of the year remains very positive, hence we are able to confidently increase our annual guidance for annual revenue to exceed $550 million in 2022."
Eva Fong, CFO of WELL commented, "Despite the current geo-political, inflationary, and turbulent economic environment, the Company does not see any material influences or challenges that would impair its ability to deliver strong results in 2022. I am also pleased to report that WELL is a profitable business that generated $15.4 million free cash flow attributable to shareholders(4) in Q2 which can be used to fund the Company's future organic and in-organic growth."
- WELL achieved record quarterly revenue of $140.3 million in Q2-2022, compared to revenue of $61.8 million generated during Q2-2021, an increase of 127% driven by acquisitions during the past year and organic growth.
- Omni-channel Patient Services revenue increased 88% to $92.8 million in Q2-2022, compared to $49.3 million in Q2-2021.
- Virtual Services revenues increased 281% to $47.5 million in Q2-2022, compared to Virtual Services revenue of $12.5 million in Q2-2021.
- WELL achieved record Adjusted Gross Profit(1) of $75.5 million in Q2-2022, compared to Adjusted Gross Profit(1) of $30.2 million in Q2-2021, representing an increase of 150%.
- WELL achieved Adjusted Gross Margin(1) percentage of 53.8% during Q2-2022 compared to Adjusted Gross Margin(1) percentage of 48.9% in Q2-2021. Adjusted EBITDA(2) was a record $26.4 million for Q2-2022, compared to Adjusted EBITDA(2) of $11.9 million in Q2-2021. Adjusted EBITDA(2) was positively impacted in the quarter by healthy EBITDA margins in the Company's Omni-channel Patient Services and virtual services businesses.
- Adjusted Net Income(3) was $17.2 million, or $0.08 per share in Q2-2022, compared to Adjusted Net Loss(3) of $1.2 million, or $0.01 loss per share in Q2-2021.
Total omni channel patient visits in Q2-2022 was 833,819, a 109% increase as compared to Q2-2021. In addition, MyHealth conducted 179,880 diagnostic visits in Q2-2022, while Wisp completed 152,398 asynchronous patient consultations. Combining WELL's omni-channel patient visits, MyHealth's diagnostic visits and Wisp's asynchronous patient consultations, WELL achieved a total of 1,166,097 patient interactions in Q2-2022, representing an annual run-rate of 4.66 million patient interactions.
- On May 18, 2022, the Company began trading on the OTCQX Market, an important step towards strengthening and broadening the Company's American investor base.
- On May 19, 2022, the Company completed a bought deal public offering of 9,327,765 common shares, including 1,216,665 common shares issued pursuant to the over-allotment option, at a price of $3.70 per share, for gross proceeds of approximately $34.5 million. This financing was led by one of the largest sovereign wealth funds in the world.
- On June 17, 2022, the Company announced the release of its inaugural Environmental, Social, and Governance (ESG) Report, highlighting the company's ESG practices and performance. The report covers the year ended December 31, 2021, and details on WELL's ongoing commitment to empowering practitioners and positively impacting health outcomes while highlighting the company's commitment to improve and enhance its practices around environmentalism, social awareness, and governance. For more information, please visit esg.well.company.
- On June 29, 2022, the Company expanded its $200 million senior secured credit facilities led by Royal Bank of Canada ("RBC") and supported by a syndicate of lenders to encompass the Canadian Clinics Business Unit and extended it to July 2026, providing the Company with additional access to credit to help grow WELL's fleet of outpatient clinic locations.
- On July 17, 2022, the Company announced the formation of a new business unit WELL Health Canadian Clinics to consolidate its Canadian outpatient clinic businesses into a highly integrated national 'bricks and clicks' clinic platform reflecting 'hybrid' care. The new business unit will include WELL's Primary Care, Allied Health, and MyHealth Specialized Care businesses and supports almost 1,300 healthcare practitioners.
- On August 1, 2022, the Company completed the acquisition of its previously announced asset purchase agreement to acquire the assets of INLIV Inc. ("INLIV"). INLIV is a healthcare provider located in Calgary, Alberta, specializing in consumer preventative health, corporate and executive health, primary care, cosmetics, fitness, and integrated health services. For the 12 months ended April 30, 2022, INLIV had revenues of approximately $7.3 million with double digit Adjusted EBITDA(1) margins. INLIV has over 1,000 customers and 85%+ of its revenues are attributable to recurring membership fees.
- On August 5, 2022, the Company announced the addition of Sybil Lau to WELL's Board of Directors. Sybil is also on the Board of Directors of the Dalio Family Office in Singapore and a Chinese hedge fund.
WELL's outlook for 2022 remains strong and resilient. As a result of Company's strong organic growth profile, WELL is increasing its guidance for 2022 annual revenue to exceed $550 million, compared to the previous guidance for annual revenue exceeding $525 million. Furthermore, WELL now expects Adjusted EBITDA(2) of 'approximately $100 million' in 2022, compared to previous guidance of 'approaching $100 million' in fiscal 2022. This is the third consecutive quarter where WELL has materially improved on its revenue guidance.
WELL's performance continues to be very positive across all its business units and for the entire Company as a whole. The cashflows generated by the Company will continue to be re-invested in the business and allocated in a disciplined manner, which may come in the form of further acquisitions, share repurchases, or to accelerate organic growth.
WELL remains on track to achieve its goals for 2022 to:
In Canada, WELL continues to build on its leadership role as the most consequential network of non-governmental healthcare assets across the country with significant operations and interoperability between its outpatient clinics, diagnostics, EMR, digital apps and telehealth businesses.
Meanwhile, WELL's strategy in the US is to focus on key specialty areas such as: gastroenterology, women's health, and primary care with a focus on specialty niches such as mental health. WELL's US-based virtual patient services businesses, which includes Circle Medical and Wisp, continued to demonstrate robust growth in Q1-2022. Based on June 2022 results, the combined businesses generated positive Adjusted EBITDA(2) with the revenue run-rate exceeding $115 million. It is expected that the combined businesses will exceed $130 million on a run-rate basis later this year.
The Company does not see any material influences or challenges that would impair its ability to deliver on a strong outlook in 2022. Many of the key variables inherent in the execution of WELL's business are firmly in its own grasp and not dependent on outside factors.
WELL will hold a conference call to discuss its 2022 Second Quarter financial results on Thursday, August 11, 2022, at 1:00 pm ET (10:00 am PT). Please use the following dial-in numbers: +1-416-764-8650 (Toronto local and International), 778-383-7413 (Vancouver local), 1-888-664-6383 (Toll-Free), with Conference ID: 9947 8397.
The conference call will also be simultaneously webcast and can be accessed at the following audience URL: https://www.well.company/for-investors/events/
Please see SEDAR for complete copies of the Company's consolidated financial statements and MD&A for the three and six months ended June 30, 2022.
Per: "Hamed Shahbazi"
Hamed Shahbazi
Chief Executive Officer, Chairman and Director
WELL is a practitioner focused digital healthcare company whose overarching objective is to positively impact health outcomes to empower and support healthcare practitioners and their patients. WELL has built an innovative practitioner enablement platform that includes comprehensive end to end practice management tools inclusive of virtual care and digital patient engagement capabilities as well as Electronic Medical Records (EMR), Revenue Cycle Management (RCM) and data protection services. WELL uses this platform to power healthcare practitioners both inside and outside of WELL's own omni-channel patient services offerings. As such, WELL owns and operates Canada's largest network of outpatient medical clinics serving primary and specialized healthcare services and is the provider of a leading multi-national, multi-disciplinary telehealth offering. WELL is publicly traded on the Toronto Stock Exchange under the symbol "WELL" and on OTCQX under the symbol "WHTCF". To learn more about the Company, please visit: www.well.company.
This news release may contain "Forward-Looking Information" within the meaning of applicable Canadian securities laws, including, without limitation: information regarding the Company's goals, strategies and growth plans; expectations regarding continued revenue and EBITDA growth; the expected benefits and synergies of completed acquisitions; capital allocation plans in the form of more acquisitions or share repurchases; the expected financial performance as well as information in the "Outlook" section herein. Forward-Looking Information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-Looking Information generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-Looking Information involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the Forward-Looking Information and the Forward-Looking Information are not guarantees of future performance. WELL's comments expressed or implied by such Forward-Looking Information are subject to a number of risks, uncertainties, and conditions, many of which are outside of WELL 's control, and undue reliance should not be placed on such information. Forward-Looking Information are qualified in their entirety by inherent risks and uncertainties, including: direct and indirect material adverse effects from the COVID-19 pandemic; adverse market conditions; risks inherent in the primary healthcare sector in general; regulatory and legislative changes; that future results may vary from historical results; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of acquisitions; that market competition may affect the business, results and financial condition of WELL and other risk factors identified in documents filed by WELL under its profile at www.sedar.com, including its most recent Annual Information Form. Except as required by securities law, WELL does not assume any obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise.
This news release contains future-oriented financial information and financial outlook information (collectively, "FOFI") about estimated annual run-rate revenue and Adjusted EBITDA(2), all of which are subject to the same assumptions, risk factors, limitations, and qualifications as set out in the above paragraph. The actual financial results of WELL may vary from the amounts set out herein and such variation may be material. WELL and its management believe that the FOFI has been prepared on a reasonable basis, reflecting management's best estimates and judgments. However, because this information is subjective and subject to numerous risks, it should not be relied on as necessarily indicative of future results. Except as required by applicable securities laws, WELL undertakes no obligation to update such FOFI. FOFI contained in this news release was made as of the date hereof and was provided for the purpose of providing further information about WELL's anticipated future business operations on an annual basis. Readers are cautioned that the FOFI contained in this news release should not be used for purposes other than for which it is disclosed herein.
Neither the TSX nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
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| 2022-08-11T12:25:43Z
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DALLAS (KDAF) — Sweets are good for the soul, so that means you should be filling your soul with all the sweets you desire (at a healthy rate that is)!
Fudge is one of those sweets that either gets you oh so very excited or makes you question what’s about to go into your stomach before shrugging and eating it anyway and enjoying it all the way down. Luckily for you, Thursday, June 16 is National Fudge Day!
NationalToday says, “According to legend, a confectioner flubbed while trying to make caramel, but ended up creating something just as tasty. We celebrate this happy accident on June 16, which is National Fudge Day.”
It’s no accident that you’re going to check out the places in on the list below of the best spots around Dallas to get the best fudge, according to Foursquare.
- Dude, Sweet Chocolate
- Pokey O’s
- Panini Bakery & Cakes
- Braum’s Ice Cream & Dairy Store
- Coolhaus
- Andy’s Frozen Custard
- Braum’s
- Monster Yogurt
- Pappadeaux Seafood Kitchen
- Del Frisco’s
- Cowboy Chicken
- BuzzBrews Kitchen
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https://cw33.com/lifestyle/food-and-drink/where-to-eat-the-best-fudge-in-dallas-according-to-foursquare/
| 2022-06-16T15:40:30Z
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NEW YORK, June 23, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Natera, Inc. ("Natera" or the "Company") (NASDAQ: NTRA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Natera investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Natera common stock between February 26, 2020, and April 19, 2022, inclusive. Follow the link below to get more information and be contacted by a member of our team:
NTRA investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) the Company's non-invasive prenatal test, Panorama, was not reliable and resulted in high rates of false positives; (2) the Company's screening test for kidney transplant failure, Prospera, did not have superior precision compared to competing tests; (3) as a result of defendants' false and misleading claims about Natera's technology, the Company was exposed to substantial legal and regulatory risks; (4) Natera relied upon deceptive sales and billing practices to drive its revenue growth; and (5) as a result of the foregoing, defendants' statements about the company's business, operations, and prospects lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in Natera during the relevant time frame, you have until June 27, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY:Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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https://www.kxii.com/prnewswire/2022/06/23/ntra-lawsuit-alert-levi-amp-korsinsky-notifies-natera-inc-investors-class-action-lawsuit-upcoming-deadline/
| 2022-06-23T10:04:30Z
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FLINT, Mich. (AP) — Isaiah Oliver carefully parks his car in the crumbling parking lot of North Flint’s Greater Holy Temple Church. The lot at the church was meant for parishioners coming to worship, not 18-wheelers carrying pallets of bottled water.
But as the city grapples with its water crisis, the church has been one of the main distribution hubs for donated water, food, clothing, and other essential items. That disaster exposed thousands to dangerously high levels of lead in 2014 when an emergency manager switched the city’s water source to save money. Officials failed to treat the water, a step that would have prevented pipe corrosion.
“The water crisis opened up our eyes to the needs in the city,” says Sandra Jones, who directs the R.L. Jones Community Outreach Center housed at the church.
With no easy access to a grocery store or social services, the center has met the evolving needs of residents — like providing COVID-19 vaccines through the pandemic.
On a visit this spring, “Mother Jones” as she’s known to many, embraced Oliver before they tour the center.
As CEO of the Community Foundation of Greater Flint, Oliver is well known throughout the city. He grew up here and took the helm of the foundation in 2017 after working there for nearly three years.
“If it were not for the community foundation, we wouldn’t exist,” Jones says. The foundation has supported the outreach center with more than $430,000 in grant funding over the years. Other foundations provide support as well.
Jones says Oliver and his colleagues understand the community’s plight because many have lived it. “They’ve been boots on the ground. They’ve got their ears to the ground,” she says. “If my water is not good, theirs isn’t, either. If I have housing around me that needs to be fixed, they do, too.”
Now as families recover from the water crisis and the pandemic, the foundation and Oliver are building on their reserve of trust and their proximity to the community. As the foundation’s first Flint native and first Black leader since it was founded in 1988, Oliver works to build bridges between marginalized people and wealthy donors.
“It’s so clear that Isaiah feels a real sense of accountability to his community,” says Susan Taylor Batten, president of ABFE: a Philanthropic Partnership for Black Communities, where Oliver is a board member.
Even more than the erosion of the city’s water pipes, “the erosion of trust was the biggest issue that came out of the water crisis,” Oliver said in an interview in his office. Rebuilding trust in institutions is a continuing process. Despite reassurances that the city’s water is safe, many residents still don’t trust the tap and drink bottled water instead.
The crisis also presented opportunities, Oliver says, to help others learn the value of community foundations and for his leadership to shine through.
“The exposure that we’ve had has given me a platform to talk about what we can do to support people in marginalized communities,” he says.
To show some of the work the foundation has supported, Oliver gave a reporter a tour of the city. As he drove, he shared stories of Flint.
The tour cruises through Civic Park, the first General Motors planned neighborhood. Here homes were built for workers and their families. As jobs and workers left, and the tax base eroded, the neighborhood became a shell of itself. Residents are working to revitalize it.
On the south side, near the city’s cultural district with its museums and concert halls, are the grand mansions built for Flint’s elites when the city was a thriving center for GM’s manufacturing. Upper-income residents as well as some elected officials live in the neighborhood today.
As the leader of the community foundation, Oliver, 41, tries to be the link between Flint’s pockets of wealth and disadvantage.
“I’m a bridge between those folks who have resources and those who need resources in order to get things done,” he says.
The bonds Oliver has built were evident as a who’s who of Flint gathered to dedicate a rebuilt public library in the cultural district. Funded by foundation grants, wealthy donors, and government dollars, the $20 million building is symbolic of the central role philanthropies play in support of Flint’s civic life.
Oliver could hardly walk a few feet without stopping for a hug, handshake, or fist bump with someone he knew. The same thing happened during the short walk to the farmers’ market as he greeted people by name as they worked at food stands or grabbed a bite of lunch.
For most of Oliver’s youth, he lived with his mother, who supported them with a part-time job and government benefits.
“I lived poor as hell, and I didn’t exactly know it,” Oliver says. “My mom protected me from that reality and allowed me to dream.”
After he graduated from high school, he attended Central Michigan University in Mount Pleasant. He graduated in 2003. Returning to majority Black Flint after living in the predominantly white college town helped him see some of the divisions there that hadn’t been as clear before.
In 2004, he was hired as an administrator at Mott Community College, where he focused on building partnerships with local organizations. In 2011, he ran for and won a seat on the board of Flint Community Schools. He served for six years, including one as president.
At the college, he became involved in a plan to improve literacy. Many students entering the college weren’t academically prepared for their courses. Representatives from schools, businesses, churches, and philanthropies began meeting to discuss how they could serve the area’s most vulnerable students. Oliver was asked to guide the discussions. During one of those meetings, Kathi Horton, then president of the community foundation, saw him in action.
“It was obvious he was a very good listener,” Horton recalls. “He was just masterful in bringing out everyone’s voices and helping the group get comfortable with the fact that there wasn’t an immediate consensus.”
Later Horton encouraged Oliver to apply for a job at the community foundation. In 2014, he joined as vice president. When Horton retired in 2017, Oliver was named CEO. As the community foundation became the recipient of millions of dollars from other foundations supporting water-crisis recovery, it was moving away from a top-down style of grant making.
“We needed to involve community members who before had not been involved in our grant-making decisions,” Horton recalls. Oliver had a reputation as a leader invested in making Flint a better place to live.
Last year, the foundation and its donor-advised fund holders made $9.6 million in grants, ending 2021 with more than $299 million in assets.
Improving literacy remains a grantmaking priority, along with increasing access to healthy food and supporting the well-being of children affected by the water crisis. The foundation has worked to keep racial equity as a focus through all of its work, including with its COVID-19 rapid-response fund and addressing the causes of the pandemic’s heavy toll on Black residents.
In 2017, not long after Oliver became CEO, residents demanded to know how the foundation was spending the influx of water-crisis donations. He made a commitment to answer every question about the foundation’s grantmaking and finances. Flintstones, as residents call themselves, “reserve the right to question everything,” Oliver says. He wants to be known as an approachable leader.
“When you come to our door, I’m going to know you or somebody you know,” Oliver says. “I’m a member of the community who just happens to be the leader of the community foundation.”
____
This article was provided to The Associated Press by the Chronicle of Philanthropy. Eden Stiffman is a senior editor at the Chronicle. Email: eden.stiffman@philanthropy.com. The AP and the Chronicle receive support from the Lilly Endowment for coverage of philanthropy and nonprofits. The AP and the Chronicle are solely responsible for all content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.
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https://cw33.com/business/ap-business/homegrown-foundation-leader-builds-bridges-trust-in-flint/
| 2022-08-09T17:57:57Z
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Amazon has provided Ring doorbell footage to law enforcement 11 times this year without the user’s permission, a revelation that’s bound to raise more privacy and civil liberty concerns about its video-sharing agreements with police departments across the country.
The disclosure came in a letter from the company that was made public Wednesday by U.S. Sen. Edward Markey, a Massachusetts Democrat who sent a separate letter to Amazon last month questioning Ring’s surveillance practices and engagement with law enforcement.
Ring has said before it will not share customer information with police without consent, a warrant or due to “an exigent or emergency” circumstance. The 11 videos shared this year fell under the emergency provision, Amazon’s letter said, the first time the company publicly shared such information. The letter, dated July 1, did not say which videos were shared with police.
Brian Huseman, Amazon’s vice president for public policy, wrote in the letter that in each instance, “Ring made a good-faith determination that there was an imminent danger of death or serious physical injury to a person requiring disclosure of information without delay.”
In such cases, Huseman wrote Ring “reserves the right to respond immediately to urgent law enforcement requests for information,” adding the company makes a determination as to when to share video footage without user consent based on information provided to it in an emergency request form and circumstances described by law enforcement.
Some prior requests from law enforcement have raised concerns about how police might be attempting to use Ring footage. Last year, the non-profit digital rights group Electronic Frontier Foundation reported the Los Angeles Police Department requested Ring footage of Black Lives Matter protests in 2020.
In a statement, Markey’s office said the findings show a close relationship between Ring and law enforcement and a proliferation of police using the platform.
Amazon said in its letter 2,161 law enforcement agencies are enrolled in Ring’s Neighbors app, a forum for residents to share suspicious videos captured by their home security cameras. That number represents a five-fold increase since November 2019, according to the senator’s office.
“As my ongoing investigation into Amazon illustrates, it has become increasingly difficult for the public to move, assemble, and converse in public without being tracked and recorded,” Markey said in a statement.
Among other things, the senator’s statement also criticized the company for not clarifying the distance Ring products can capture audio recordings. The company had said in its response letter what Ring captures “depends on many conditions, including device placement and environmental conditions.”
The Ring disclosure comes as Amazon is facing broader antitrust scrutiny in Congress about its ecommerce business, and accusations of undercutting merchants that sell on its platform by making “knock-offs,” or very similar products, and boosting their presence on its site. Markey and several other Democratic lawmakers are also pushing for a bill that prohibits the use of biometric technology by federal agencies and tie federal grant funding to states and localities on the condition they put a moratorium on the use of such technology.
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https://cw33.com/technology/ap-technology/amazon-handed-ring-footage-to-police-without-user-consent/
| 2022-07-14T12:18:11Z
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Ichabod Softball to play in MIAA Championship against Rogers State
TOPEKA, Kan. (WIBW) - The No. 23 ranked team in Division II Washburn Ichabods battled to stay alive in the MIAA Tournament for a chance at the championship.
They met Rogers State in the winner’s bracket finale Saturday afternoon with the winner moving into Sunday’s championship game.
The game started slow but then Marrit Mead and Paige Robbins got on base, Ashton Friend singled to third leading to a play at the plate. Mead slides as the Rogers State catcher’s foot wasn’t covering home plate. Washburn took the 1-0 lead.
Rogers State though took the 2-1 lead in the fifth. Leading to the final effort for the Bods in the 7th.
In the 7th, Freshman Ellington Hogle, out of Silver Lake, gets the pinch-hit single to get on first. Mead hit a blooper to right field but they didn’t send Hogle home. Paige Robbins flies out to center field and the game is over, 2-1.
But the Ichabods got one more chance to play in the championship game as they got a play-in game against Missouri Western State.
We go to the 3rd where MWSU leads 1-0, but it’s bases loaded and Friend brings in Mead on a fielder’s choice. Then they open the flood gates.
Jaden LaBarge doubled to right scoring two. Then it’s Autymn Schreiner with a hard shot to third and brings in another..
They go on to score six runs in the 3rd and two more in the 4th to win the game, 8-1.
They play Rogers State Sunday at noon for the championship. They will have to beat them twice to be named the champs.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/05/08/ichabod-softball-play-miaa-championship-against-rogers-state/
| 2022-05-08T04:19:33Z
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Topeka motorcyclist arrested after attempt to flee ends with wreck
Published: Sep. 7, 2022 at 6:30 AM CDT|Updated: 26 minutes ago
TOPEKA, Kan. (WIBW) - A motorcyclist in Topeka has been arrested after his attempt to flee police ended with a wreck instead.
The Topeka Police Department tells 13 NEWS that just before midnight on Sunday, Sept. 4, officers attempted to stop a speeding motorcyclist on NE Seward Ave.
However, the driver, identified as Brian Downing, 41, tried to speed off but crashed in the area of NE Seward and NE Kellam Ave. No other vehicles were involved.
TPD noted that Downing sustained minor injuries in the wreck and was taken to a local hospital. After he was medically cleared, he was arrested by officers.
Downing was booked into the Shawnee Co. Dept. of Corrections on:
- Transporting an open container
- Flee and attempt to elude
- Driving while license canceled, suspended or revoked
- Motor vehicle liability insurance
- Possession of marijuana
- Driving under the influence
- Speeding
- A City of Topeka warrant
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/09/07/topeka-motorcyclist-arrested-after-attempt-flee-ends-with-wreck/
| 2022-09-07T11:59:55Z
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WASHINGTON (AP) — Gun makers have taken in more than $1 billion from selling AR-15-style guns over the past decade, at times marketing them as a way for young men to prove their masculinity, even as the number of mass shootings increases, according to a House investigation unveiled Wednesday.
The weapons have been used in massacres that have horrified the nation, including one that left 10 people dead at a grocery store in Buffalo and another where 19 children and two teachers were shot to death in Uvalde, Texas.
The Committee on Oversight and Reform said some ads mimic popular first-person shooter video games or tout the weapons’ military pedigree while others claim the guns will put buyers “at the top of the testosterone food chain.”
Those sales tactics are “deeply disturbing, exploitative and reckless,” said Democratic Rep. Carolyn Maloney of New York. “In short, the gun industry is profiting off the blood of innocent Americans.”
Gun makers, on the other hand, said AR-15-style rifles are responsible for a small portion of gun homicides and the blame must go to the shooters rather than their weapons.
“What we saw in Uvalde, Buffalo and Highland Park was pure evil,” said Marty Daniels, the CEO of Daniel Defense, the company that made the weapon used in Texas. “The cruelty of the murderers who committed these acts is unfathomable and deeply disturbs me, my family, my employees and millions of Americans across this country.”
However, he added later in testimony before the committee, “I believe that these murders are local problems that have to be solved locally.”
Gun violence overall spiked in 2020, but recent statistics indicate it is coming down this year in many cities.
The House panel’s investigation focused on five major gunmakers, and found they took in a combined total of more than $1 billion in revenue over the past 10 years from the sale of AR-15-style firearms. The revenue numbers were released for the committee hearing focused on the marketing and sales of the firearms that have gained notoriety because of their use in the mass killings.
Two of the companies approximately tripled their revenue from the weapons over the past three years, the committee found. Daniel Defense, based near Savannah, Georgia, raised that revenue from $40 million in 2019 to more than $120 million last year. The company sells weapons like the one used in Uvalde on credit and advertises that financing can be approved “in seconds.”
Salvador Ramos, accused in the Uvalde shootings, began purchasing firearms and ammunition when he turned 18, eventually spending more than $5,000 on two AR-style rifles, ammunition and other gear in the days before the massacre, authorities have said.
Sturm, Ruger & Co.’s gross revenue, meanwhile, has nearly tripled from $39 million to $103 million since 2019, and Smith and Wesson reported that its revenues from all long guns doubled from 2019 to 2021. Gun manufacturers, the committee said, don’t gather or analyze safety data related to firearms.
The increases are against a backdrop of a record-setting overall increase in gun sales that began around the start of the coronavirus pandemic. About 8.5 million people bought guns for the first time in 2020, said Republican Rep. Jody Hice of Georgia. He added that, “American people have a right to own guns.”
The hearing comes amid a push by House Democrats to get legislation passed that would ban certain semi-automatic weapons. It’s the lawmakers’ most far-reaching response yet to this summer’s mass shootings.
While AR-15-style firearms aren’t necessarily the main drivers of U.S. gun violence overall, their design allows shooters to harm more people from a greater distance, said Kelly Sampson, senior counsel and director of racial justice with Brady, a group pressing to end gun violence that generally supports restrictions.
“If we renew the assault weapons ban, that would take away a key piece of what allows mass shooters to kill more people in less time without having to stop to reload,” she said.
There have been 15 mass killings this year, according to the Associated Press/USA TODAY/Northeastern University Mass Killing Database. According to that research, those incidents have left 86 dead and 63 injured. Guns were used in all of them, and in at least seven instances they were AR-15-style weapons. Mass killings are defined as incidents where at least four people are killed.
But the AR-15 and similar weapons are also popular with people who buy guns for self defense, said Antonia Okafor, the national director of outreach for the group Gun Owners of America. Such rifles allow people, including women, to shoot a larger gun without having to absorb as much recoil.
“The AR-15 makes it easier for those who have a physical disadvantage to the attacker to have an upper hand,” she said.
Wednesday’s hearing marked the first time in 20 years that CEOs of leading gun manufacturers testified about their businesses, Maloney said.
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https://cw33.com/business/ap-business/ar-15-style-guns-have-brought-in-over-1-billion-in-10-years/
| 2022-07-28T08:00:24Z
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BENSALEM, Pa., June 8, 2022 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Oscar Health, Inc. ("Oscar" or the "Company") (NYSE: OSCR).
Class Period: March 2021 IPO
Lead Plaintiff Deadline: July 11, 2022
Investors suffering losses on their Oscar investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
The complaint filed alleges that the Registration Statement was materially false and misleading and omitted to state: (1) that Oscar was experiencing growing COVID-19 testing and treatment costs; (2) that Oscar was experiencing growing net COVID costs; (3) that Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation (RADV) result relating to 2019 and 2020; (4) that Oscar was on track to be negatively impacted by significant SEP membership growth; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith
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https://www.wibw.com/prnewswire/2022/06/08/oscr-investors-have-opportunity-lead-oscar-health-inc-securities-fraud-lawsuit/
| 2022-06-08T17:44:00Z
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WASHINGTON, Sept. 12, 2022 /PRNewswire/ -- Riverside Research, a national security company, announces win of the National Air and Space Intelligence Center (NASIC) A&AS Contract. The $200M, five-year, single-award contract provides Center-wide advisory services enabling research and development, acquisition, sustainment, and intelligence production.
Riverside Research has been an active mission partner to NASIC for over twenty years, providing independent and unbiased advisory support, R&D reachback to mission-relevant laboratories, and insight into cutting-edge academic research. This contract enables Riverside Research to continue supporting NASIC in its advancement of technologies and the production of intelligence to enhance national security.
"We are honored to continue our tremendous partnership with NASIC in advancing its mission by providing expertise to solve national security challenges," said Riverside Research President and CEO, Dr. Steven Omick.
To support the NASIC contract, Riverside Research employs a range of subject matter experts in multiple competencies, including remote sensing, artificial intelligence, engineering and scientific disciplines, program management and acquisition support, strategic planning, and intelligence production.
Riverside Research is a nonprofit organization advancing scientific research in the interest of national security. Through the company's Open Innovation Center (OIC), it invests in multidisciplinary research, development, and encourages collaboration to accelerate innovation and advance science. Riverside Research's areas of expertise include AI/ML, Secure and Resilient Systems, Optics, Electromagnetics, Commercial ISR, and Collection Planning. Learn more at www.riversideresearch.org.
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https://www.kxii.com/prnewswire/2022/09/12/riverside-research-wins-5-year-200m-nasic-contract/
| 2022-09-12T19:52:40Z
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Celebrated Canadian Developer Announces First European Project
TORONTO, June 29, 2022 /PRNewswire/ -- Cabot, the developer and operator of master-planned golf resort communities, announces the acquisition of Castle Stuart in the Scottish Highlands. The centerpiece of the iconic property, soon to be known as Cabot Highlands, is Castle Stuart Golf Links, named among the top 100 courses in the world by Golf Digest and Golf Magazine. As with all Cabot properties, Cabot Highlands will combine jaw-dropping surroundings, world-class golf, exciting real estate opportunities and exceptional service.
"Castle Stuart has been considered a benchmark of exceptional Scottish golf since it first opened thirteen years ago. We are honoured to be a steward of the land and carry the original vision for the property forward," said Ben Cowan-Dewar, CEO and co-founder of Cabot. "Our goal is to create unforgettable memories in magical places, and there are few places in the world more awe-inspiring than the Scottish Highlands."
Located just five minutes from the Inverness Airport and within driving distance from some of the most famous courses in the region, including Royal Dornoch, Nairn, Brora and Skibo Castle, Castle Stuart is part of the rich fabric of golf in the Scottish Highlands. Routed along the shores of the Moray Firth, the course overlooks panoramic vistas and well-known landmarks including Kessock Bridge and Chanonry Lighthouse. Designed by the late Mark Parsinen and Gil Hanse, Castle Stuart's rugged natural landscape can be described as a throwback to golf as it once was. The course features holes framed by the water's edge on one side and bluffs on the other, with rumpled fairway contours and infinity-edged greens that seem perched on cliffs directly over the sea. The property also features an art-deco inspired clubhouse, a practice facility and a putting green. A new short course is open for preview play and set for its grand opening in the 2023 season.
Cabot plans to build a second course designed by acclaimed golf course architect Tom Doak. Located on a pristine piece of land, the course will play around Castle Stuart's 400-year-old castle. The course will incorporate natural contours, meandering through hillsides and expansive open land with several holes along the water. Planning for the course will begin in fall 2022 and construction will begin in 2023 with a planned opening in 2024.
"I'm thrilled to partner with Ben Cowan-Dewar and the Cabot team," said Tom Doak, architect. "We have been searching for the perfect destination for years. Our goal is to create a distinctly Scottish golf experience that appeals to players at all levels with an authentic links-style course that puts the golf holes front and center."
Real estate will be a key component of the community with sales expected to begin in 2023. The legacy property will feature cottages with upscale, modern touches inspired by the alluring landscape of the Scottish countryside. When homeowners are not in residence, their homes will be available as luxury accommodations for visiting guests. The Cabot Highlands property will be completed with retail, restaurants and communal gathering points. Beyond golf, the destination offers incredible natural beauty and ample outdoor activities including hiking, cycling, fishing, falconry, horseback riding and more. The nearby city of Inverness is located ten minutes away and offers opportunities to experience the vibrant Scottish culture through Victorian-era marketplaces, cathedrals, museums and restaurants. The Inverness area also houses some of Scotland's top whisky distilleries, many of which offer guided tours and tastings throughout the year.
"I couldn't think of a better partner than Cabot to lead our next chapter. The work that's been done at Cabot Cape Breton on the courses and within the community speaks for itself, and I know our beloved founder, Mark Parsinen, would be proud of the plans ahead to fulfill his original vision for the destination," said Stuart McColm, general manager of Castle Stuart and the forthcoming Cabot Highlands. "Not only is this significant golf news, it is also a major boost for the regional economy of the Highlands."
Cabot Highlands is the perfect complement to Cabot's expanding portfolio of luxury developments anchored by world-class golf courses. The collection includes the award-winning Cabot Cape Breton in Nova Scotia, the Cabot Saint Lucia resort community set to open in early 2023, and Cabot Revelstoke in development in British Columbia. Cabot recently announced the acquisition of its first U.S. property in Florida, soon to be known as Cabot Citrus Farms. Each Cabot property is built around a deep sense of place and the philosophy that truly great landscapes will stand the test of time. The land of a Cabot property dictates how fairways should flow, where greens should lay, and how homes should live in harmony amidst pristine natural grandeur.
For more information, please visit www.thecabotcollection.com.
About Cabot Highlands:
Cabot's first European project, Cabot Highlands, is situated in the Scottish Highlands and will include world-class golf, boutique accomodations and luxury real estate. Located five minutes from the Inverness Airport, Cabot Highlands features Castle Stuart Golf Links, named among the top 100 courses in the world by Golf Digest and Golf Magazine, an art-deco inspired clubhouse, practice facility, putting green and a new short course set for its grand opening in the 2023 season. A second course designed by acclaimed golf course architect Tom Doak will be completed in 2024. Beyond golf, the destination offers incredible natural beauty and ample outdoor activities including hiking, cycling, fishing, falconry, horseback riding and more. The nearby city of Inverness is located ten minutes away and offers opportunities to experience the vibrant Scottish culture through Victorian-era marketplaces, cathedrals, museums and restaurants.
About Cabot:
Cabot is the developer and operator of luxury residential, resort and golf destinations. The portfolio includes the award-winning Cabot Cape Breton in Nova Scotia, the Cabot Saint Lucia resort community set to open in 2023, and Cabot Revelstoke in development in British Columbia. Cabot recently announced the acquisition of its first U.S. property in Central West Florida, soon to be known as Cabot Citrus Farms. Cabot continues to build upon a legacy of excellence in golf, luxury residential offerings and boutique resort lifestyle across each unique property, where owners and guests have exclusive access to destination specific experiences and an unparalleled quality of service.
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https://www.wibw.com/prnewswire/2022/06/29/cabot-expands-portfolio-world-class-golf-destinations-with-acquisition-castle-stuart-scotland/
| 2022-06-29T15:05:47Z
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Police: Investigation underway after armed man shot by officers dies
RALEIGH COUNTY, W.Va. (WVVA) - West Virginia State Police said the armed man shot by police on a busy highway in the town of Bradley has died from his injuries.
State police said the initial calls reported an armed suspect fleeing a crash scene at about 10 a.m. Wednesday, according to WVVA. The suspect then reportedly stole a truck.
A short time later, the suspect was located at Big Lots in the stolen truck, state police said. The suspect is said to have refused to stop for officers and a pursuit followed that stretched through various counties.
The truck then became “disabled” off a highway in Bradley, police said.
WVVA reported witness video showed members of law enforcement closing in on the unidentified man as he waved what appeared to be a firearm around. Authorities then opened fire, shooting him numerous times.
“During a short standoff, the suspect continued to brandish a handgun, resulting in gunfire from law enforcement, causing the suspect’s death,” said Capt. R. A. Maddy with West Virginia State Police.
Raleigh County Sheriff Scott Van Meter said the shooting was being investigated by his agency and West Virginia State Police.
Copyright 2022 WVVA via Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/07/07/police-investigation-underway-after-armed-man-shot-by-officers-dies/
| 2022-07-07T14:07:06Z
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ATLANTA, Sept. 8, 2022 /PRNewswire/ -- A new survey conducted by CoreNet Global, the premier association for corporate real estate professionals, has found that the high inflationary environment is having an impact on corporate real estate decision making.
According to the survey, 62 percent say that the current rate of inflation is having an impact on real estate decisions.
Of those:
- More than half, 54 percent, are consolidating locations
- Forty-two percent are reducing the size of leases they are signing
- Forty-one percent are looking for more cost-effective buildings and lower rents
- Thirty-seven percent are signing fewer leases
- 34 percent say that annual escalations are 100 basis points higher than normal
While nearly 60 percent of the respondents say that their company is in growth mode, 75 percent expect the U.S. economy to slip into recession by the end of 2023 and 72 percent expect the global economy to slip into recession by the end of 2023.
Forty-four percent say that compared to prior to the pandemic their overall corporate real estate footprint has decreased; 21 percent say that it has increased, and 34 percent say that it has stayed the same. Between now and 2025, 39 percent expect an increase in the size of their corporate real estate portfolio, 42 percent expect a decrease, and 19 percent say that it will stay the same.
The survey was conducted in June-September 2022 and yielded 175 responses from all regions including North America, Europe, Asia and the Middle East.
CoreNet Global is a non-profit association, headquartered in Atlanta, Georgia (US), representing nearly 10,000 executives in 50 countries with strategic responsibility for the real estate assets of large corporations. The organization's mission is to advance the practice of corporate real estate through professional development opportunities, publications, research, conferences, designations and networking in 45 local chapters and networking groups globally. For more information, please visit www.corenetglobal.org or follow @CoreNetGlobal on Twitter.
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SOURCE CoreNet Global
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https://www.wibw.com/prnewswire/2022/09/09/inflation-affecting-corporate-real-estate-decisions/
| 2022-09-09T02:15:28Z
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Ukrainian President Zelensky and Rep. Liz Cheney named JFK ‘Profile in Courage’ award recipients for ‘defending democracy’
By Veronica Stracqualursi, CNN
Ukrainian President Volodymyr Zelensky and Republican Rep. Liz Cheney of Wyoming are among this year’s recipients of the John F. Kennedy Profile in Courage award for the “courage they’ve shown protecting democracy in the United States and abroad.”
Michigan Democratic Secretary of State Jocelyn Benson, Arizona Republican House Speaker Rusty Bowers and Fulton County, Georgia, election worker Wandrea “Shaye” Moss are also being honored with the award this year, the John F. Kennedy Library Foundation announced Thursday.
The foundation praised Zelensky, whose country is fighting off an invasion by Russia, for his “principled leadership” and marshaling the “spirit, patriotism, and untiring sacrifice of the Ukrainian people in a life-or-death fight for their country.”
“With candor and clarity, he has focused the eyes of the world on the existential threat facing Ukraine, and on the need for robust, uncompromising international engagement and cooperation to safeguard all democratic societies,” the foundation said in a news release.
The other recipients were honored with the award for standing up to former Donald Trump and his allies’ false claims about fraud in the 2020 presidential election and efforts to overturn the election results.
A staunch Republican, Cheney voted to impeach former President Donald Trump for inciting an insurrection on January 6, 2021, when a violent mob stormed the US Capitol building, seeking to stop Congress’ certification of the 2020 election. She was ousted last year from her leadership role in the Republican House caucus after she repeatedly called out Trump’s falsehoods about the 2020 election. Cheney now serves as the vice chair of the House select committee investigating the January 6 attack.
The foundation lauded Cheney as a “consistent and courageous voice in defense of democracy,” saying that — despite the death threats she faced over her impeachment vote — she “refused to take the politically expedient course that most of her party embraced.”
As Michigan’s chief election officer, Benson was threatened and harassed, including armed protesters gathering outside her home, for certifying Joe Biden’s win in Michigan. Bowers, a Republican, resisted pressure from Trump and his former lawyer Rudy Giuliani to replace Arizona’s electors with illegitimate, alternate electors that would elect Trump. Moss became the target of a false accusation that she had processed fake ballots for Biden and faced death threats and racist taunts.
“These honorees have placed their careers and lives on the line to protect democratic principles and free and fair elections,” the John F. Kennedy Library Foundation said. “They embody what President Kennedy admired most in others—political courage.”
The Profile in Courage Award, created in 1989, is presented to “public servants who have made courageous decisions of conscience without regard for the personal or professional consequences.”
Past recipients of the award include Presidents Barack Obama and George H. W Bush, Sens. Mitt Romney and the late John McCain, House Speaker Nancy Pelosi, and the late US Rep. John Lewis.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://localnews8.com/news/national-world/2022/04/22/ukrainian-president-zelensky-and-rep-liz-cheney-named-jfk-profile-in-courage-award-recipients-for-defending-democracy/
| 2022-04-22T19:02:38Z
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Special Meeting of Shareholders to be Held on August 5, 2022
NEW YORK, July 28, 2022 /PRNewswire/ -- Chardan NexTech (Nasdaq: CNTQ) ("CNTQ" or the "Company") announced today that the special meeting of stockholders of the Company (the "Special Meeting") to vote on the approval to amend its charter will be held on August 5, 2022 at 10:00 A.M. Eastern Time. Stockholders of record as of the close of business on July 11, 2022 are entitled to vote at the Special Meeting.
As previously announced on May 16, 2022, CNTQ has entered into a merger agreement, as amended on July 12, 2022, for a business combination transaction with Dragonfly Energy Corp. ("Dragonfly"). Dragonfly is a leader in energy storage and producer of deep cycle lithium-ion storage batteries. The transaction is currently expected to close in the second half of 2022.
Stockholders of CNTQ are encouraged to submit their vote as soon as possible to ensure they are represented at the Special Meeting. CNTQ has engaged Morrow Sodali LLC ("Morrow Sodali") as its proxy solicitor in connection with the Special Meeting. Stockholders needing assistance in voting can contact Morrow Sodali by calling 800-662-5200, or banks and brokers can call collect at 203-658-9400, or by emailing CNTQ.info@investor.morrowsodali.com.
Chardan NexTech Acquisition 2 Corp. (Nasdaq: CNTQ) is a blank check company led by its Chairman of the Board of Directors, Kerry Propper, its Chief Executive Officer and Director, Jonas Grossman, and its Chief Financial Officer and Director, Alex Weil. The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The Company has focused its search for a target business operating in disruptive technologies. To learn more, visit https://www.cnaq.com/.
Dragonfly Energy Corp., headquartered in Reno, Nevada, is a leading manufacturer of deep cycle lithium-ion batteries, which are sold direct-to-consumers under the Battle Born Batteries™ brand and to original equipment manufacturers, such as Keystone RV. Dragonfly's battery products are designed and assembled in the USA, and the Company's research and development initiatives are revolutionizing the energy storage industry through innovative technologies and manufacturing processes. Today, Dragonfly's non-toxic deep cycle lithium-ion batteries are displacing lead-acid batteries across a wide range of end-markets, including RVs, marine vessels, off-grid installations, and other storage applications. Dragonfly is also focused on delivering an energy storage solution to enable a more sustainable and reliable smart grid through the future deployment of the Company's proprietary and patented solid-state cell technology. To learn more, visit www.dragonflyenergy.com/investors.
Dragonfly previously announced an agreement for a business combination with Chardan NexTech Acquisition 2 Corp. ("CNTQ") (Nasdaq: CNTQ), which is expected to result in Dragonfly becoming a public company listed on the Nasdaq Stock Exchange under the new ticker symbol "DFLI" in the second half of 2022, subject to customary closing conditions.
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial forecasts and projections. All statements other than statements of historical fact contained in this press release, including statements as to the transactions contemplated by the business combination and related agreements, future results of operations and financial position, revenue and other metrics, planned products and services, business strategy and plans, objectives of management for future operations of Dragonfly, market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the control of Dragonfly or CNTQ) which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by CNTQ and its management, and Dragonfly and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive merger agreement with respect to the business combination; 2) the outcome of any legal proceedings that may be instituted against Dragonfly, CNTQ, the combined company or others following the announcement of the business combination and the transactions contemplated thereby; 3) the inability to complete the business combination due to the failure to obtain approval of the stockholders of CNTQ, or to satisfy other conditions to closing the business combination; 4) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the business combination; 5) the ability to meet Nasdaq's listing standards following the consummation of the business combination; 6) the risk that the business combination disrupts current plans and operations of Dragonfly as a result of the announcement and consummation of the business combination; 7) the inability to recognize the anticipated benefits of the business combination; 8) ability of Dragonfly to successfully increase market penetration into its target markets; 9) the addressable markets that Dragonfly intends to target do not grow as expected; 10) the loss of any key executives; 11) the loss of any relationships with key suppliers including suppliers in China; 12) the loss of any relationships with key customers; 13) the inability to protect Dragonfly's patents and other intellectual property; 14) the failure to successfully optimize solid state cells or to produce commercially viable solid state cells in a timely manner or at all, or to scale to mass production; 15) costs related to the business combination; 16) changes in applicable laws or regulations; 17) the possibility that Dragonfly or the combined company may be adversely affected by other economic, business and/or competitive factors; 18) Dragonfly's estimates of its growth and projected financial results for 2022 and 2023 and meeting or satisfying the underlying assumptions with respect thereto; 19) the risk that the business combination may not be completed in a timely manner or at all, which may adversely affect the price of CNTQ's securities; 20) the risk that the transaction may not be completed by CNTQ's business combination deadline (as may be extended pursuant to CNTQ's governing documents); 21) the impact of the novel coronavirus disease pandemic, including any mutations or variants thereof and the Russian/Ukrainian conflict, and any resulting effect on business and financial conditions; 22) inability to complete the PIPE investment, the term loan and equity line (ChEF) in connection with the business combination; 23) the potential for events or circumstances that result in Dragonfly's failure to timely achieve the anticipated benefits of Dragonfly's customer arrangements with Thor; and 24) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in CNTQ's Form S-1 (File Nos. 333-252449 and 333-253016), Annual Report on Form 10-K for the year ended December 31, 2021, Quarterly Report on Form 10-Q for the three months ended March 31, 2022 and registration statement on Form S-4 (File No. 333-266273) filed with the SEC on July 22, 2022, which is subject to change and will include a document that serves as a prospectus and proxy statement of CNTQ, referred to as a proxy statement/prospectus and other documents filed by CNTQ 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. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither CNTQ nor Dragonfly gives any assurance that either CNTQ or Dragonfly or the combined company will achieve its expected results. Neither CNTQ nor Dragonfly undertakes any duty to update these forward-looking statements, except as otherwise required by law. For additional information, see "Risk Considerations" in the investor presentation, filed on a Current Report on Form 8-K by CNTQ with the SEC and available at www.sec.gov.
This press release relates to the definitive proxy statement filed by CNTQ with the Securities and Exchange Commission (the "SEC") on July 22, 2022 (the "Definitive Proxy Statement"). The Definitive Proxy Statement was mailed to all CNTQ stockholders on or around July 22, 2022. Before making any voting decision, investors and security holders of CNTQ are urged to read the Definitive Proxy Statement and all other relevant documents filed or that will be filed with the SEC because they contain important information. a proposed transaction between CNTQ and Dragonfly. CNTQ filed a registration statement on Form S-4 (File No. 333-266273) with the SEC on July 22, 2022, which is subject to change and includes a document that serves as a prospectus and proxy statement of CNTQ, referred to as a proxy statement/prospectus. The definitive proxy statement/prospectus will be sent to all CNTQ stockholders. CNTQ has also filed other documents regarding the proposed transaction with the SEC. Before making any voting decision, investors and security holders of CNTQ are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction because they contain important information about the proposed transaction.
Investors and security holders are able to obtain free copies of the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC by CNTQ through the website maintained by the SEC at www.sec.gov.
The documents filed by CNTQ with the SEC also may be obtained by contacting Chardan NexTech Acquisition 2 Corp. at 17 State Street, 21st Floor, New York, New York 10004, or by calling (646) 465-9001.
NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THIS PRESS RELEASE, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS PRESS RELEASE. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.
Dragonfly, CNTQ and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from CNTQ's stockholders in connection with the proposed business combination. A list of the names of such persons and information regarding their interests in the proposed business combination are contained in the definitive proxy statement/prospectus. You may obtain free copies of these documents free of charge by directing a written request to CNTQ or Dragonfly. The definitive proxy statement will be mailed to CNTQ's stockholders as of a record date to be established for voting on the proposed business combination when it becomes available.
This press release is and the information contained therein are not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act or an exemption therefrom.
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SOURCE Dragonfly Energy Corp.
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https://www.kxii.com/prnewswire/2022/07/28/chardan-nextech-acquisition-2-corp-announces-extraordinary-general-meeting-amend-charter/
| 2022-07-28T23:38:17Z
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NEW YORK, April 25, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Celsius Holdings, Inc. ("Celsius" or the "Company") (NASDAQ: CELH). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Celsius and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On March 1, 2022, Celsius disclosed that it could not timely file its 2021 annual report due to "staffing limitations, unanticipated delays and identified material errors in previous filings." Specifically, Celsius "determined that the calculation and expense of non-cash share-based compensation, related to grants of stock options and restricted stock units awarded to certain former employees and retired directors were materially understated for the three and six month periods ended June 30, 2021 and three and nine month periods ended September 30, 2021." As a result, management concluded that there was a material weakness in the Company's internal controls over financial reporting.
On this news, Celsius's stock price fell sharply during intraday trading on March 2, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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https://www.mysuncoast.com/prnewswire/2022/04/25/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-celsius-holdings-inc-celh/
| 2022-04-25T18:09:04Z
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ISELIN, N.J., June 15, 2022 /PRNewswire/ -- Information Services Group (ISG), reputed research and advisory firm known for its industry expertise, has named Hexaware a Leader in Design and Development (Products, Services, Experience) in their ISG Provider Lens™ Digital Engineering Services US 2022 Quadrant Report.
Design and development activities have always been the sailing point of every engineering initiative. The increased demand for digital engineering services has prompted providers to develop emerging services, including the ability to support digital product design in real-time and other competencies around data-driven product lifecycle management, intelligent manufacturing operations, and digital customer experience. Every engineering process is enhancing and providing new aspects owing to the infusion of technologies from AI, machine learning, and data analytics.
The ISG Provider Lens™ Digital Engineering Services US 2022 Quadrant Report evaluates the ability of providers/software vendors to provide integrated data-driven product design and development augmentation, from creativity and strategy to design and experience. With a unique approach, demonstrated innovation, and dynamic team, Hexaware emerges as one of the leading Digital Engineering service providers.
About Hexaware's Design and Development (Products, Services, Experience), the report states, "Hexaware offers blue-ocean capabilities in design services through Mobiquity, Amaze® and Tensai™."
Expressing delight at this recognition, Dominick Profico, EVP and CTO said, "We are honored to be recognized as a leader for our proven capabilities in providing Digital Engineering Services. With our professionals, we will continue to raise the bar at excelling in augmenting and transforming businesses through industry-leading innovation, both for our clients and their customers."
About Hexaware
Hexaware is a global IT, BPS and consulting services company empowering businesses worldwide to realize digital transformation at scale and speed.
Learn more about Hexaware at https://www.hexaware.com.
Logo: https://mma.prnewswire.com/media/530945/Hexaware.jpg
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SOURCE Hexaware Technologies Ltd.
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https://www.mysuncoast.com/prnewswire/2022/06/15/hexaware-named-leader-isg-provider-lens-digital-engineering-services-us-2022-quadrant-report/
| 2022-06-15T12:18:17Z
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There’s still a way to reach global goal on climate change
(AP) - If nations do all that they’ve promised to fight climate change, the world can still meet one of two internationally agreed upon goals for limiting warming. But the planet is blowing past the other threshold that scientists say will protect Earth more, a new study finds.
The world is potentially on track to keep global warming at, or a shade below, 2 degrees Celsius (3.6 degrees Fahrenheit) hotter than pre-industrial times, a goal that once seemed out of reach, according to a study published Wednesday in the journal Nature.
That will only happen if countries not only fulfill their specific pledged national targets for curbing carbon emissions by 2030, but also come through on more distant promises of reaching net zero carbon emissions by mid-century, the study says.
This 2-degree warmer world still represents what scientists characterize as a profoundly disrupted climate with fiercer storms, higher seas, animal and plant extinctions, disappearing coral, melting ice and more people dying from heat, smog and infectious disease. It’s not the goal that world leaders say they really want: 1.5 degrees Celsius (2.7 degrees Fahrenheit) since pre-industrial times. The world will blast past that more prominent and promoted goal unless dramatic new emission cuts are promised and achieved this decade and probably within the next three years, study authors said.
Both goals of 1.5 degrees and 2 degrees are part of the 2015 Paris climate pact and the 2021 Glasgow follow-up agreement. The 2-degree goal goes back years earlier.
“For the first time we can possibly keep warming below the symbolic 2-degree mark with the promises on the table. That assumes, of course, that the countries follow through on the promises,” said study lead author Malte Meinshausen, a University of Melbourne climate scientist.
That’s a big if, outside climate scientists and the authors say. It means political leaders actually doing what they promise.
The study “examines only this optimistic scenario. It does not check whether governments are making efforts to implement their long-term targets and whether they are credible,” said Niklas Hohne of Germany, a New Climate Institute scientist who analyzes pledges for Climate Action Tracker and wasn’t part of this study. “We know that governments are far from implementing their long-term targets.”
Hohne’s team and others who track pledges have similarly found that limiting warming to 2 degrees is still possible, as Meinshausen’s team has. The difference is that Meinshausen’s study is the first to be peer-reviewed and published in a scientific journal.
Sure, the 2-degree world requires countries to do what they promise. But cheaper wind and solar have shown carbon emissions cuts can come faster than thought, and some countries will exceed their promised cuts, Meinshausen said. He also said the way climate action works is starting with promises and then policies, so it’s not unreasonable to take countries at their word.
Mostly, he said, limiting warming to 2 degrees is still a big improvement compared to just five or ten years ago, when “everybody laughed like ‘ha, we’ll never see targets on the table that bring us closer to 2 degrees,’” Meinshausen said. “Targets and implemented policies actually can turn the needle on future temperatures. I think that optimism is important for countries to see. Yes, there is hope.”
About 20% to 30% of that hope is due to the Paris climate agreement, but the rest is due to earlier investments by countries that made green energy technologies cheaper than dirty fossil fuels such as coal, oil and natural gas, Meinshausen said.
Yet, even if that’s good news, it’s not all good, he said.
“Neither do we have a margin of error (on barely limiting to 2 degrees) nor do the pledges put us on a path close to 1.5 degrees,” Meinshausen said.
In 2018 the United Nations’ scientific expert team studied the differences between the 1.5- and 2-degree thresholds and found considerably worse and more extensive damages to Earth at 2 degrees of warming. So the world has recently tried to make the 1.5 degrees goal possible.
Earth has already warmed at least 1.1 degrees Celsius (2 degrees Fahrenheit) since pre-industrial times, often considered the late 1800s, so 2 degrees of warming really means another 0.9 degrees Celsius (1.6 degrees Fahrenheit) hotter than now.
Meinshausen’s analysis “looks good and solid, but there are always assumptions that could be important,” said Glen Peters, a climate scientist who tracks emissions with Global Carbon Project.
The biggest assumption is that nations somehow get to promised net zero carbon emissions, most of them by 2050 but a decade or two later for China and India, said Peters, research director of the Cicero Center for International Climate Research in Oslo, Norway.
“Making pledges for 2050 is cheap, backing them up with necessary short-term action is hard,” he said, noting that for most countries, there will be five or six elections between now and 2050.
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Follow AP’s climate coverage at https://apnews.com/hub/climate
___
Follow Seth Borenstein on Twitter at @borenbears
___
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/04/13/theres-still-way-reach-global-goal-climate-change/
| 2022-04-15T09:59:05Z
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Britney Spears marries Sam Asghari in California
LOS ANGELES (AP) — Britney Spears has married her longtime partner Sam Asghari at a Southern California ceremony that came months after the pop superstar won her freedom from a court conservatorship.
Asghari’s representative Brandon Cohen confirmed the couple’s nuptials. He said: “I am very ecstatic this day has come, and they are married. I know he wanted this for so long. He is so caring and supportive every step of the way.”
The wedding happened nine months after the pair were engaged and nearly seven months after Spears’ conservatorship ended. While seeking an end to the court case that controlled many aspects of her life, Spears expressed her desire to marry Asghari and have children.
Spears got pregnant earlier this year, but experienced a miscarriage in March.
The couple met on the set of the “Slumber Party” music video in 2016.
The wedding day was not without unexpected drama — Spears’ first husband was arrested after attempting to crash their wedding.
Ventura County Sheriff’s Capt. Cameron Henderson said officers responded to a trespassing call after 2 p.m. Thursday. He says the pop singer’s first husband, Jason Alexander, was detained at the site of the ceremony.
Henderson says Alexander was arrested after officers noticed he had a warrant for his arrest in another county.
Alexander went on his Instagram live when he approached the event security. In what appeared to be a mostly empty but decorated room, he told them Spears invited him.
“She’s my first wife, my only wife,” said Alexander, who was briefly married to Spears — his childhood friend — in 2014. Their marriage lasted only 55 hours.
Spears was previously married to Kevin Federline, with whom she shares two sons, ages 14 and 15.
___
AP Entertainment Writer Ryan Pearson contributed to this report.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/06/10/britney-spears-marries-sam-asghari-california/
| 2022-06-10T05:11:11Z
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- Company has entered into a Memorandum of Understanding (MOU) for the acquisition of healthy breakfast brand, Brave, which would mark Creatd's fourth consumer brand acquisition under its Ventures pillar.
- The transaction is expected to close within the coming weeks; upon closing, it is anticipated that Brave will be immediately accretive to Creatd's revenues.
- Creatd additionally announces close of private placement priced at $2.00, two times Friday's market close.
- Proceeds from the private placement to be allocated in part toward numerous expansion initiatives outlined at the Company's recent Investor Day, including acquisitions and technology development.
NEW YORK, July 25, 2022 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company of Creatd Ventures, today announced that it has entered into a non-binding Memorandum of Understanding ("MOU") to purchase a 100% ownership stake in Brave, a plant-based food company that provides convenient and healthy breakfast food products that don't compromise on taste and quality. Following the close of the proposed transaction, which the Company expects to occur within the coming weeks, Creatd will begin recognizing Brave's revenues in its consolidated financial statements, increasing the overall value of Creatd Ventures' portfolio.
Like the other brands in Creatd Ventures' portfolio–Camp, Dune, and Basis–Brave began with a creator and a problem to solve. The world was struggling with conventional breakfast options that pit nutrition against convenience. Brave was designed to break this mold, and emerged to offer consumers a better, healthier superfood breakfast.
Commented Thomas Punch, head of Creatd Ventures, "Brave has all the hallmarks of an ideal acquisition candidate for our portfolio of brands: a health and wellness consumer brand, with a subscription-oriented business model, that is meeting a growing demand among a loyal base of recurring consumers. Between our shared resource model and the audience insights leveraged from Vocal and from our brand collaborations, we believe that Creatd Ventures offers a significant value proposition for up-and-coming brands like Brave. Here, we help creators become entrepreneurs, and enable them to unlock scale while growing sustainably."
Additionally, Creatd today announced that it has entered into definitive agreements for a private placement with an aggregate principal amount of $2.15 million (the "Private Placement"). Pursuant to the Private Placement, the Company agrees to sell and issue original issue discount convertible debentures and warrants to purchase shares of common stock. The debentures will be issued with a 10% original issue discount, resulting in gross proceeds of approximately $1.9 million, have a maturity date of November 30, 2022, subject to extension by six months at the Company's option, and are convertible into shares of the Company's common stock at a conversion price of $2.00 per share. Participating in the transaction were numerous longtime investors in the Company.
Pursuant to the Private Placement, Creatd will also issue 1,075,000 warrants to purchase shares of common stock with an initial exercise price of $3.00 per share, and 1,075,000 warrants to purchase shares of common stock with an initial exercise price of $6.00 per share, both with a term of five years. The conversion price of the debenture is equal to the price per Unit of the Company's upcoming Rights Offering, being made pursuant to the Company's effective registration statement on Form S-1 (File No. 333-265251). Additionally, both warrants offered in the private placement have exercise prices equal to those included in the Rights offering Units.
The Private Placement is expected to close on or about July 25, 2022, subject to the satisfaction of customary closing conditions.
Commented Creatd's Executive Chairman Jeremy Frommer, "As we have communicated, both in our newly updated Expansion Plan deck as well as in management's presentation at last week's Investor Day, a core aspect of Creatd's expansion strategy involves us continuing to pursue acquisitions that align with and complement the brands in our existing Ventures portfolio. Brave is the latest example of this strategy coming to fruition, all while we continue building out our future target pipeline, and maintain active discussions with a number of other potential candidates. Given the momentum evident across all of Creatd's business pillars, we believe our decision to take advantage of this financing opportunity was a prudent one, enabling the Company to keep its foot on the gas pedal and continue riding our rapid pace of growth."
Continued Frommer, "We would also like to remind all of Creatd's existing and prospective shareholders of our rights offering calendar, as well as the upcoming Ownership Date cutoff this Wednesday, July 27th at 4:00 PM ET. This is the deadline by which you must purchase Creatd securities in order to be considered shareholder of record as of the Record Date. I am hopeful that, as we approach the Record Date and the start of the Subscription Period, when-issued trading on the publicly tradable warrants will begin soon."
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful.
Creatd, Inc. (Nasdaq CM: CRTD) is a company dedicated to unlocking creativity for creators, brands, and consumers. 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
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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https://www.mysuncoast.com/prnewswire/2022/07/25/creatd-announces-its-intent-acquire-brave-closes-215-million-above-market-financing/
| 2022-07-25T14:11:26Z
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HANGZHOU, China, July 18, 2022 /PRNewswire/ -- Broncus Medical (02216.HK) has completed surgeries on the first group of patients using its InterVapor®(including InterVapor Generator and InterVapor Catheter, the "InterVapor®"), after it was approved for marketing in China. This marked the official entry of InterVapor® into the clinical commercialization phase in China and is expected to benefit patients with chronic obstructive pulmonary disease ("COPD"). The surgeries were completed by teams of professionals led by Professor Long Fa of the Department of Respiratory, Shenzhen Hospital, University of Chinese Academy of Science; and Professor Ouyang Haifeng of the Department of Respiratory and Critical Care Medicine, Chest Hospital, Xi'an International Medical Center Hospital, respectively.
The Company's self-developed InterVapor® was granted approval by the National Medical Products Administration of China (the "NMPA") in March 2022. This is the first NMPA-approved thermal vapor energy ablation systems in China and in the world for the treatment of COPD. InterVapor® is a minimally invasive interventional lung volume reduction product that can achieve sequential staged treatment by targeting the lung segments, thereby leading to a new era of interventional pulmonary in China. The Company has obtained an exclusive patent for the use of thermal vapor for pulmonary treatments with a state-of-the-art technology.
During the course of the surgeries, InterVapor® delivered thermal vapor bronchoscopically to the targeted lung segment and transmitted energy through air convection, which overcomes the traditional obstacles of energy transmission due to the high air content in the lungs, and hence treating severely diseased lung segments. This method of treatment significantly improves the quality of life and lung function of patients and their exercise tolerance while preserving more healthy lung tissues.
COPD is a common chronic respiratory disease and the world's third leading cause of death. According to Frost Sullivan, in 2021, there were approximately 226 million COPD patients worldwide, and at least 106 million of COPD patients in China, and the 5-year survival rate of advanced COPD patients is less than 20%. Currently, the treatment strategy of COPD is still based on drug treatment, which can delay the disease progression to a certain extent, but for severe and acutely severe patients, the effect of drug treatment is very limited. By comparing with the other treatment methods, InterVapor®-based treatment technology is highly innovative and represents a breakthrough, clinically proven to be effective and safe, and fills the gap for treatment of patients with severe emphysema. Currently, InterVapor® has been approved for marketing in major European countries, including the United Kingdom, Germany, Switzerland, Italy, and in Asia Pacific, 12 countries in total. The clinical data of STEP-UP trial (Sequential Segmental Treatment of Emphysema With Upper Lobe Predominance Trial) showed significant improvement in patients lung function and improved the quality of life in patients treated with Broncuchoscopic Thermal Vapor Ablation (BTVA) compared to standard treatment of a 12-month follow-up. Such treatment was included in the Guidelines of Global Initiative for Chronic Obstructive Lung Disease (GOLD). for four consecutive years from 2019 to 2022, which is recommended for patients with severe and acutely severe emphysema. In 2019, InterVapor® was awarded the "Breakthrough Device" designation by the U.S. FDA.
About Broncus
Broncus (02216.HK) is a pioneer in the interventional pulmonology medical device market, provides innovative lung solutions in China and globally. Founded in 2012, the Company has assembled a management team with extensive experience in product development, clinical research and commercialization, and has developed into an enterprise with a China-US dual center. Through close ties with key opinion leaders in the global respiratory interventional field and the establishment of a comprehensive relationship from innovative concepts to project development and implementation, the Company has built a respiratory interventional diagnosis and treatment product pipeline comprises of 17 products and major product candidates, and owned a diversified intellectual property portfolio of 686 patents and patent applications. In addition, the Company through clinical training and market education and with its strong brand promotion and commercialization capabilities, has sales to mainstream markets around the world such as the United States, Europe, and Australia. Company's mission is to become a transformative global leader in pulmonology treatment and set its interventional pulmonology diagnosis and treatment solutions as the gold standard.
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https://www.wibw.com/prnewswire/2022/07/18/broncus-completed-surgeries-first-group-patients-using-its-intervapor-thermal-vapor-treatment-system-after-approved-marketing-china/
| 2022-07-18T13:15:11Z
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The spy genre is so well worn one would think there's not much new to be done, but "The Old Man" largely confounds those expectations, thanks to the stellar combination of Jeff Bridges and John Lithgow. Seeking a precedent for this FX series, the best might be "Robin and Marian," in which Robin Hood's swashbuckling met up with the cold realities of creaking bones and geriatric limitations.
Bridges' CIA operative Dan Chase has been in hiding for years, living off the grid for reasons that gradually begin to come into shape through flashbacks. (Bill Heck plays him as a younger guy, engaged in covert action in the Middle East.)
It takes a lot to bring him out of retirement, but he's prepared when that happens, with Lithgow's world-weary spy chief, Harold Harper, knowing full well that rounding him up is going to be more difficult than his subordinates assume. Just to extend the "Robin and Marian" analogy, Harper is very much like the Sheriff of Nottingham in that 1976 classic, assigned to hunt this character down but taking no pleasure in the prospect, and irritated by the young hotheads upon whom he must rely.
"You aren't the guy you remember," Harper warns Chase by phone, hoping to avoid the worst of it.
He isn't, but he's still resourceful and plenty dangerous, along with his very loyal dogs, as those sent to neutralize him discover. Indeed, "The Old Man" (based on Thomas Perry's book, and adapted for TV by "See's" Jonathan E. Steinberg and Robert Levine) features an inordinately brutal fight scene, in part because there's nothing pretty or choreographed about it. When Chase warns his daughter, "You don't know how ugly these things can get when they get ugly," he isn't kidding.
The limited-series format brings with it some of the usual disclaimers, including the fact that the show takes its time getting to the meat in the four episodes previewed, including a detour involving Amy Brenneman as an innocent bystander drawn into this perilous world. Yet Bridges (whose health issues and battle with cancer add a rather poignant real-world aspect to the proceedings) proves greatly effective as the gnarled spy -- think Jason Bourne if he lived long enough to qualify for AARP membership.
There's nothing particularly novel about the scenario, but nor does there really need to be. Because while Chase might not be the guy he remembers being, in terms of holding an audience's attention, Bridges and Lithgow put this "Old Man" in good hands.
"The Old Man" premieres June 16 on FX and on Hulu.
The-CNN-Wire
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https://www.albanyherald.com/entertainment/jeff-bridges-and-john-lithgow-bring-life-to-the-spy-drama-the-old-man/article_bf0bf719-1b88-5a53-9057-8c4d66c451b5.html
| 2022-06-16T15:46:58Z
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CEDARHURST, N.Y., June 15, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Natera, Inc. (NasdaqGS: NTRA), if they purchased the Company's shares between February 26, 2020 and April 19, 2022, inclusive (the "Class Period"). Shareholders have until June 27, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nasdaqgs-ntra/https://kclasslaw.com/cases/securities/nyse-hmlp/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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| 2022-06-16T03:28:37Z
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HOUSTON, Aug. 22, 2022 /PRNewswire/ -- GATE Energy, the Houston-based engineering, commissioning and field services firm is pleased to announce that they have been awarded the commissioning management and execution contract for LLOG's Salamanca development.
The scope of this work includes pre-commissioning and commissioning planning and execution at both the onshore fabrication site and offshore. The GATE commissioning team will also support initial startup activities offshore.
Mark Myhre, President of GATE Commissioning, said, "This Salamanca award exemplifies our relationship and partnership with LLOG following our success on the Delta House project. GATE Energy continues to enjoy our strong position in the commissioning segment with 10 major deepwater commissioning projects awarded to us in just the past 9 years. Our culture and backlog are strong with the investment in our people and processes continuing to show dividends. We look forward to ensuring LLOG succeeds on Salamanca and are excited for the future of our people, clients, and industry."
The Salamanca FPS will be located in Block 689 of the Keathley Canyon to tap into the Leon and Castile discoveries. The deepwater platform sits in approximately 6,400 ft, capable of producing 60,000 BOPD, 25,000 BWPD, and 40 MMSCFD of natural gas.
GATE Energy is a family of companies that provide scalable, fit-for-purpose services for the energy sector including engineering, commissioning, and specialty field services.
For more information on GATE Energy, visit www.gate.energy
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https://www.wibw.com/prnewswire/2022/08/22/gate-energy-awarded-salamanca-commissioning/
| 2022-08-22T19:14:16Z
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Broken Bow-Cache Softball State Quarterfinals
Published: May. 9, 2022 at 6:55 PM CDT|Updated: 1 hour ago
Broken Bow-Cache Softball State Quarterfinals
Copyright 2022 KXII. All rights reserved.
Broken Bow-Cache Softball State Quarterfinals
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/05/09/broken-bow-cache-softball-state-quarterfinals/
| 2022-05-10T01:22:45Z
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Flash drought conditions intensified in the Northeast and across the southern Plains, causing agriculture concerns across the regions, according to the latest US Drought Monitor released Thursday morning.
"Temperatures across the region were generally 2-8 degrees warmer than normal, with the warmest readings occurring in Oklahoma, Texas, northern Arkansas, and the western half of Tennessee," the US Drought Monitor wrote Thursday.
Extreme drought -- the second highest level on the drought monitor -- in Oklahoma quadrupled in coverage, now at over 27% this week.
"Crop failure and related problems are widespread in the part of the region experiencing flash drought, especially in northeast Texas, eastern and central Oklahoma, and northern Arkansas," the US Drought Monitor said.
McLennan County, Texas, where the city of Waco is located, went from 17.5% of the county in exceptional drought, the highest level, to over 62% this week. Waco, Texas is on track to having one of its driest years on record.
Generally hot -- temperatures 4-8 degrees Fahrenheit above average -- and drier weather lead to growing precipitation deficits, reductions in streamflow, poor soil moisture and water shortages in some areas.
"Severe drought expanded in coverage in eastern Massachusetts, Rhode Island, and eastern Connecticut," the Drought Monitor said. "Widespread calls for water conservation occurred from New England to the Hudson Valley and New Jersey, and hay fields struggled in Rhode Island."
Hot and dry weather also covered south-central and southwest Missouri, where flash drought intensified and agricultural problems continued.
In Missouri, extreme drought has increased to 18% of the state, up 16% from last week.
"Just to the north of this region, heavier rains fell in two areas, one from southeast of Kansas City to southeast Missouri, and a second in central, eastern, and northeast Missouri. The latter caused flash flooding in the St. Louis area and a record one-day rainfall at St. Louis Lambert Airport," the US Drought Monitor wrote in their report.
This rainfall has created a sharp contrast across the state between absolutely no drought in the north and extreme drought across the southern portion of the state.
Out West, rainfall has helped improve some areas suffering from long-term drought conditions.
"Rainfall from the North American Monsoon over the last few weeks led to some improvements in the drought situation across Arizona and New Mexico, where precipitation deficits lessened," the US Drought Monitor said.
Allergies develop when your pet's immune system responds to an allergen. ManyPets outlines five types of pet allergies, where they come from, and how owners can manage them to keep their pets healthy and happy. Click for more.
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| 2022-07-28T18:39:49Z
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Letter to the editor: Police, stop using unjustified deadly force
The Repository
Jayland Walker was shot 46 times by Ohio police. How do we as a people even begun to understand such violence by law enforcement? The law enforcement system is broken.
As a civilized people, how can we even begin to speak of this atrocity with Jayland's family? The devastation of this crime will haunt Jayland's family for the rest of their lives.
Police must stop using deadly force when most of the time it is unjustified. What we need is Jayland's law that stops the use of deadly force in this country.
Donald Wagner, Perry Township
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https://www.cantonrep.com/story/opinion/2022/07/25/letter-editor-police-stop-using-unjustified-deadly-force/10089214002/
| 2022-07-25T11:01:55Z
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TEL AVIV, Israel, May 12, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the three months ended March 31, 2022.
First Quarter Ended March 31, 2022, Financial Highlights (Compared to the First Quarter of 2021)
- Revenue increased to $3.05 million from $3.03 million last year.
- Additional progress was achieved on replacing revenue decline from the legacy business with new revenues from the IoT business.
- Gross margin of 43.3% compared to 55.3%, reflecting also transitional costs associated with deployment of new IOT projects ahead of recurring revenue streams.
- Research and Development expense of $0.86 million compared to $0.66 million.
- Sales and Marketing expenses of $0.7 million compared to $0.37 million, reflecting support in the Company's new proactive growth strategy.
- EBITDA of -$0.3 million compared to $0.6 million, reflecting an increase of investment in R&D by 30% and an increase of 90% in sales and marketing.
- Cash and cash equivalents and restricted cash increased to $6.6 million compared to $4.6 million at the end of 2021.
- Working Capital increased to $23.4 million from $20.5 million at the end of 2021.
- Non-GAAP EPS of -$0.04.
Recent Business Highlights:
- Won and launched Croatia's first full-scale electronic monitoring project in the country and will deploy SuperCom's PureSecurity Electronic Monitoring Suite. The project was formally awarded earlier this year through a formal bid process by Croatia's Ministry of Justice and Administration.
- Raised $4.65 million in gross proceeds in a registered direct offering with a single accredited institutional investor, providing additional capital to execute the Company's business plan.
- Secured a new governmental electronic monitoring contract in Wyoming. The contracting agency is an Adult and Juvenile Probation Agency and plans to use SuperCom's PureTrack GPS smartphone products to monitor their caseload for location compliance.
- Secured a new governmental electronic monitoring contract in Idaho. The contracting agency is a Juvenile Probation Office and will use SuperCom's PureTrack GPS smartphone products to monitor their caseload for location compliance.
- Secured a new electronic monitoring contract in Texas for the PureTrack GPS tracking platform.
- Won and launched new projects in California, USA valued at up to over $5 million over five years to provide various programming and rehabilitation services.
- Through a competitive national RFP process, won a $3.6 million national electronic monitoring project in Finland and scored highly by offering SuperCom's proprietary PureSecurity Electronic Monitoring Suite
- The Company announced that its cyber security division, Safend, plans to release a new version of its proven, robust and scalable cybersecurity software technology, with enhanced protection from cyber-attacks.
- Supercom's cyber security division, Safend, was selected by government security agency and cyber security enterprises to grow their cyber security protection programs.
- Strengthened the Company's global sales division, recruiting a new VP of sales and sales managers with industry expertise and shifting from passive bidding to an active outreach sales strategy.
- Strengthened the Company's R&D division, recruiting a new VP of R&D and experienced engineers, product managers, quality assurance, and support personnel to serve the growing government customer needs for leading state-of-the-art technology.
Management Commentary:
"We are content with our achievements thus far in 2022. With new revenues from projects in our IoT business, we were able to offset revenue declines from the legacy business and keep revenue levels steady. In parallel, we enhanced our operational infrastructure, progressed with advanced technology leadership, and strengthened our workforce to support future growth. In addition, we honed our business plan and raised the needed financial resources to support it even during a time of volatility and uncertainty in the capital markets," commented Ordan Trabelsi, President and CEO of SuperCom.
"Entering 2022, we continued to execute our strategy to expand our footprint and positioning in the public safety market. In Europe, we won and launched Croatia's first full-scale electronic monitoring project in the country, adding Croatia to a long line of European countries selecting our proprietary technology. We won and launched new projects in the USA as well, both in California, where we have established a presence, and in three new US states, Texas, Idaho, and Wyoming, for the PureTrack GPS tracking platform serving adults and juveniles," continued Ordan.
"We believe our investments in research and development, as well as in sales and marketing, are paying off as we are seeing continued interest in our unique IoT products and solutions, which we expect will drive continued growth in the long-term. While the sales cycles for these contract wins can be long, the resulting business typically lasts for years, providing steady recurring revenue streams. We anticipate additional new projects wins as we continue growing our pipeline and successfully converting opportunities to long-term recurring revenue streams," Ordan concluded.
Conference Call
The Company will hold a conference call today (May 12, 2022) at 8:30 a.m. Eastern time (3:30 p.m. Israel time) to discuss these results, followed by a question and answer session.
Conference Call Dial-In Information:
SuperCom Investor Relations:
About SuperCom
Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation. For more information, visit www.supercom.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical or current facts. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from the statements made. Examples of these statements include, but are not limited to, statements regarding business and economic trends, the anticipated effects of the COVID-19 outbreak on travel and physical locations, the levels of consumer, business and economic confidence generally, the duration of the COVID-19 outbreak and severity of such outbreak, the pace of recovery following the COVID-19 outbreak, the effect on our supply chain, our ability to implement cost containment and business recovery strategies and resulting anticipated impact of such outbreak on our business, financial condition and results of operations, the adverse effects of the COVID-19 outbreak on our business or the market price of our ordinary shares, and other risks and uncertainties described in the forward looking statements and in the section captioned "Risk Factors" in our Annual Report on Form 20-F for the year ended December 31, 2021, filed with the U.S. Securities and Exchange Commission (the "SEC") on April 4, 2022, our reports on Form 6-K filed from time to time with the SEC and our other filings with the SEC. Except as required by law, we not undertake any obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.
Use of Non-GAAP Financial Information
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https://www.mysuncoast.com/prnewswire/2022/05/12/supercom-reports-first-quarter-2022-financial-results/
| 2022-05-12T12:57:25Z
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(The Hill) – A federal grand jury has indicted Peter Navarro, a former Trump White House adviser, with two counts of criminal contempt of Congress for defying subpoenas from the House Jan. 6 Select Committee.
The two misdemeanor counts stem from his failure to comply with demands for documents and testimony in the panel’s investigation.
Navarro was indicted on Thursday, and the indictment was unsealed on Friday.
The House voted to hold Navarro in contempt in April, referring him to the Justice Department for criminal charges.
If convicted, he faces the possibility of up to a year in jail and $100,000 in fines for each count.
The former White House aide also revealed this week that he had been served a grand jury subpoena as part of the Justice Department’s own investigation — a sign that federal law enforcement has begun scrutinizing the highest levels of the Trump administration.
That revelation came in a lawsuit Navarro filed on Tuesday against House Democrats challenging the select committee’s subpoena.
The select committee has scheduled a public hearing on Thursday to begin reporting its findings after nearly a year of investigating the attack on the Capitol and interviewing more than a thousand witnesses.
This story was updated at 12:13 p.m.
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https://cw33.com/news/nexstar-media-wire/ex-trump-adviser-navarro-indicted-by-grand-jury/
| 2022-06-03T17:09:11Z
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MADISON, Wis. (AP) — Lt. Gov. Mandela Barnes grew up in Milwaukee with a mom who was a public school teacher and a father who worked in a factory — both union members, an important credential in a state where the labor movement is still a force.
At 35, Barnes is nearly half the age of the average U.S. senator, and would join a tiny group of Black senators — and be the first from Wisconsin — if he wins election to the chamber.
That biography stands to turn Barnes into one of the most prominent Democrats in the U.S. this year as the party aims to defeat one of its top targets: Republican Sen. Ron Johnson. His ouster is such a priority that Barnes’ top Democratic rivals dropped out of the primary in recent weeks to rally around him, leaving Tuesday’s primary as mostly a formality ahead of what’s certain to be a brutal and expensive general election campaign.
“I wanted to make sure we can win this fall,” his closest rival, Milwaukee Bucks executive Alex Lasry, said when he dropped out and supported Barnes. “That is the No. 1 goal.”
Ousting Johnson has never been a bigger priority for Democrats with majority control of the Senate on the line. He’s the only incumbent Senate Republican seeking reelection this year in a state that President Joe Biden carried. But Johnson has proven tough to beat as he’s grown from a tea party outsider into one of Donald Trump‘s most vocal supporters and Wisconsin’s senior senator.
This election is Johnson’s first against someone other than Russ Feingold, whom he defeated in 2010 and then in a 2016 rematch, losses that still sting liberals in the swing state. Johnson is running for a third term after previously saying he wouldn’t.
“Democrats will walk through fire and across broken glass to beat Ron Johnson,” Democratic strategist Joe Zepecki said.
With his focus increasingly on the fall, Barnes is emphasizing an everyman image in campaign ads, including one in a grocery store in which he says most senators don’t know what a gallon of milk costs.
“But I’m not like most senators,” Barnes says, walking down the store aisle. “Or any of the other millionaires running for Senate. My mom was a teacher and my dad worked third shift.”
Barnes served four years in the state Assembly representing Milwaukee before he won the statewide primary for lieutenant governor in 2018 to be paired with Gov. Tony Evers. Evers then defeated Gov. Scott Walker, who enraged Democrats over eight years in office, most famously for his Act 10 law that effectively ended collective bargaining for most public workers.
Barnes, who must still get past a handful of little-known opponents Tuesday, has already turned his sights to Johnson. He frequently compares beating Walker to what it will take to deny Johnson a third term.
“It’s going to be difficult, an uphill battle,” Barnes said after Lasry dropped out of the race. “But I know it’ll be that much easier because we’re in this together. And I’ll remind you that four years ago, the race to get rid of Scott Walker was a difficult one, one that a lot of people in the audience today said was impossible. But we got it done because we came together.”
Johnson raised about $7 million in donations between April and June, more than the entire Democratic field. Barnes raised about $2.1 million. But in the week after Lasry and the others dropped out, Barnes reported raising $1.1 million.
Barnes built the most well-rounded campaign in the primary, with key endorsements from the likes of Vermont Sen. Bernie Sanders, Massachusetts Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez, raising money and delivering a message focused on that middle-class upbringing. When it was reported during the 2018 campaign that Barnes had earned so little that he paid no income tax and was on the state’s Medicaid program, he embraced it as evidence that he understood how critical the program is for working people.
Barnes previewed his attack strategy in his first TV spot after his top rivals dropped out, accusing Johnson of being “out of touch with Wisconsin,” citing Johnson’s decision not to attempt to save 1,000 jobs moving out of state. Johnson said at the time that Wisconsin has enough jobs.
Johnson and Republicans are already at work portraying Barnes as too liberal for Wisconsin. In a state that Trump won in 2016 and lost in 2020 by a nearly equal number of votes, the election will once again likely come down to who can win over independents, a small but key group.
“The power brokers of the Democrat party have now cleared the field for their most radical left candidate,” Johnson tweeted before the primary. “Socialist policies have produced this mess, & a radical left Senator from Wisconsin is not the solution.”
The Senate Leadership Fund, a political action committee that works to get Republicans elected, targeted Barnes for holding an “Abolish ICE” T-shirt; his supportive comments about the Green New Deal and Medicaid for all; and a 2020 tweet in which he said, “Defunding the police only dreams of being as radical as a Donald Trump pardon.”
Republicans have also attacked Barnes for supporting ending cash bail and comments he made at a candidate town hall last fall about the founding of the country that referenced slavery and colonization. “The United States is the most wealthy, the most powerful nation on earth, and it’s because of forced labor on stolen land,” Barnes said.
Winning the primary without facing the attacks that are to come may come back to haunt Democrats, said Republican strategist and former Johnson campaign staff member Brian Reisinger.
“The question for Democrats now is have they had a thorough vetting process to have a candidate who can do what they haven’t done before,” Reisinger said. “It’s not clear if they’ve really figured out who can beat Ron Johnson. These candidates have not really tested one another.”
Barnes deflected a question about whether he would be a stronger candidate if the Democratic primary had been more contentious.
“What’s most important is that we are experiencing a unity that has not been seen before,” Barnes said. “In this state, we set out out of the gate to build a broad coalition. We are doing just that. This is about uniting the party. And I would say that we are more united than we’ve ever been before.”
Johnson was first elected as a fiscal conservative, known for attacking spending and intent on lowering the national debt. In recent years, as the coronavirus rose and Trump fell, he became a lightning rod for anti-science positions and conspiracy theories on the 2020 election.
He joined the many Republicans who have played down the riot at the U.S. Capitol on Jan. 6, 2021, saying he wasn’t scared by the insurrectionists but would have been concerned if they had been Black Lives Matter protesters. It also emerged during a recent Jan. 6 House committee hearing that Johnson had wanted to hand-deliver ballots cast by fake GOP electors to Vice President Mike Pence.
Johnson’s favorability rating in a June 22 Marquette University Law School poll was just 37%, lower than President Joe Biden’s 40% approval rating. But Johnson was about even in matchups with Barnes. However, enthusiasm among Republicans was higher than Democrats for voting in the upcoming primary.
Democratic voter Leah Siordia, who attended a Barnes rally with Warren, said she was making her pick based on who she thought could beat Johnson. Before Lasry dropped out, the 57-year-old retired computer analyst was considering him, but she was leaning toward Barnes.
“He’s a real person to me, not just a billionaire,” Siordia said of Barnes. And she added: “Anybody’s better than Johnson.”
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https://cw33.com/news/politics/ap-politics/dems-look-ahead-to-barnes-in-fall-race-against-ron-johnson/
| 2022-08-08T19:07:14Z
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WASHINGTON (AP) — The Pentagon will set up a new center in the next year to help avoid civilian casualties in military operations around the world through better education and training and increased screening before strikes are launched.
The plan ordered by Defense Secretary Lloyd Austin and released Thursday comes on the heels of widespread criticism over a U.S. airstrike in Kabul last August that killed 10 civilians, including children, during the final chaotic days of the U.S. troop withdrawal from Afghanistan.
A senior defense official said the development of a new Civilian Protection Center of Excellence and other improvements will cost “tens of millions of dollars” per year, and the plan more broadly would involve the addition of about 150 staff. The center would initially start operations in the 2023 budget year that begins Oct. 1, and would be fully staffed and working by 2025. The official spoke on condition of anonymity under department rules to provide details of the plan.
Laid out in a 36-page action plan, the changes approved by Austin call for updated policies and guidelines for military operations, and steps that must be taken in order to better analyze threats, assess who is on the ground and determine what other civilian structures could be affected.
A key criticism of the Afghanistan drone strike was that those making the final decision were too quick to conclude that the white Toyota Corolla under watch aligned with the intelligence and confirmed their conclusion to bomb what turned out to be the wrong vehicle. The new Pentagon plan is aimed at preventing such “confirmation bias” and more consistently involving teams to specifically challenge assumptions to make sure a strike is appropriate.
The plan would put new personnel in each of the combatant commands that are in Europe, Africa, the Middle East, the Indo-Pacific, South America and U.S. Northern Command in Colorado, as well as in all the military services, other senior commands and vital places such as Special Operations Command, Cyber Command and the Defense Intelligence Agency.
There has been persistent criticism, particularly from human rights organizations, that U.S. military strikes in Syria, Iraq and other battlefields have killed civilians but that officials have failed or been slow to acknowledge those deaths. In some cases, the U.S. military’s inability to get to a strike location in its immediate aftermath has led to conclusions that allegations of civilian deaths were not confirmable.
An independent review done late last year found that better communication between those making the strike decision and other support personnel might have raised more doubts about the Kabul attack or possibly prevented it.
Under Austin’s plan, there will be ongoing education and training and more specific policies about getting positive identification for targeting. Civilian casualty assessments will become a consistent element in military exercises so troops can practice how best to avoid killing the innocent.
The new system will improve data collection and investigations so that the Pentagon can more precisely report civilian deaths. It will set up a new framework for how the Defense Department responds to deaths, including acknowledging them and providing condolences and other aid in the aftermath.
More broadly, the plan accounts for better assessment in counterterrorism strikes as well as the prospects of civilian casualties in a large-scale war, such as one with China or Russia.
A review by RAND Corp. of the August 2021 airstrike in Afghanistan concluded that military’s focus on civilian casualties has for years largely involved operations in places such as Afghanistan, Syria and Iraq. RAND said the Pentagon is not prepared to deal with the issue in that larger type of war, which likely would involve combat in urban areas where it would be more difficult to distinguish between civilian and military targets.
The Aug. 29 drone strike in Afghanistan killed Zemerai Ahmadi and nine family members, including seven children. Ahmadi, 37, was a longtime employee of an American humanitarian organization and was not a militant, as first claimed by military officials.
The Pentagon initially said the attack was valid, despite 10 civilian deaths, but later acknowledged it was a “tragic mistake.” The independent Pentagon review concluded there was no misconduct or negligence.
RAND’s review concluded that the U.S. military follows a flawed and inadequate process for assessing and investigating suspected civilian damage and casualties caused by U.S. airstrikes. It said internal reporting on civilian casualties can be unreliable and incomplete, and it recommended the military take a broader view of damage to include structural damage that hurts basic community functions.
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https://cw33.com/news/politics/ap-politics/ap-pentagon-plan-aims-to-help-avoid-civilian-deaths-in-strikes/
| 2022-08-26T19:43:09Z
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Duke freshman A.J. Griffin is heading to the NBA, becoming the fifth Blue Devils player in the past week to declare early for the draft.
The school announced Griffin’s decision Sunday, the last day for players to declare themselves eligible for the NBA draft. Duke said the 6-foot-6, 222-pound wing regarded as a potential lottery draft pick plans to hire an agent.
“It was a dream come true,” Griffin said in a statement. “My experiences have helped prepare me for this moment and I am proud to know I will be a Blue Devil for life.”
Griffin’s NBA move follows that of 7-1 sophomore Mark Williams, 6-10 star freshman Paolo Banchero, 6-5 wing Wendell Moore Jr. and 6-5 guard Trevor Keels. Part of one of the nation’s top recruiting classes out of Ossining, New York, Griffin is ranked as ESPN’s No. 8 draft prospect.
He averaged 10.4 points while providing size, outside shooting and defensive potential to the wing for the Blue Devils. That production came despite him missing most of his last two high school seasons because of knee and ankle injuries, as well as a preseason knee injury that slowed his process of getting back in rhythm after extended absences.
His role grew as he became more comfortable in returning to full-time action. He moved into the top lineup by mid January and never left, starting Duke’s last 25 games. He had 22 points on 8-for-11 shooting in his first start at Wake Forest, the first of five 20-point outputs as a starter — the highlight being a 27-point star-making turn in a win at rival North Carolina in early February.
Griffin made 71 of 159 3-pointers (44.7%), including 10 games as a starter with at least three 3s.
Griffin helped Duke reach now-retired Hall of Famer Mike Krzyzewski’s record 13th Final Four while winning the program’s first outright Atlantic Coast Conference regular-season title since 2006.
“A.J. was one of the best shooters in the nation and his skillset is exactly what NBA teams are looking for,” Krzyzewski said in a statement.
While Duke is losing a lot of top-tier talent as Jon Scheyer takes over for Krzyzewski, the Blue Devils will have guard Jeremy Roach — who announced his return earlier in the week and had a strong postseason run — as the team’s top returning scorer (8.6 points, 27 starts). Duke also has 247sports’ No. 1-ranked recruiting class, featuring top overall prospect Dereck Lively II, fellow big man Kyle Filipowski (No. 3) and small forward Dariq Whitehead (No. 5).
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Follow Aaron Beard on Twitter at https://twitter.com/aaronbeardap
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More AP college basketball: https://apnews.com/hub/college-basketball and https://apnews.com/hub/ap-top-25-college-basketball-poll and https://twitter.com/AP_Top25
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https://cw33.com/sports/ap-sports/blue-devils-griffin-becomes-5th-duke-player-to-bolt-for-nba/
| 2022-04-25T05:36:57Z
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KWANONGOMA, South Africa (AP) — The new king of South Africa’s Zulu nation Misuzulu kaZwelithini was enthroned in a colorful ceremony Saturday before hundreds of supporters in a rural part of KwaZulu-Natal province.
The king dismissed those challenging his right to the throne in his first public comments on the issue. He was crowned as the traditional leader of the Zulu nation, although some members of the royal family dispute his right to succeed his late father King Goodwill Zwelithini.
Some members of the family prefer an older brother and a different group supports another brother. The late king had six wives and several sons. After the king died last year, Misuzulu kaZwelithini’s mother served as the regent for just a month before she died but in her will she named her son to be the next king. This is regarded by many as the strongest claim to the Zulu throne.
President Cyril Ramaphosa has recognized Misuzulu kaZwelithini as the rightful heir to the Zulu throne. Ramaphosa is set to present him with an official certificate pronouncing him the king of the Zulu people at a ceremony later this year.
Misuzulu kaZwelithini addressed about 1,000 supporters after undergoing a traditional ritual known as ukungena esibayeni (entering the royal cattle enclosure) to mark the beginning of his reign as king.
“I know that you are aware of the state of the royal family in recent times. I request that whatever you hear in the media, and the comments being made by those disputing the throne, you should hear them but you should not listen to them,” said Misuzulu kaZwelithini.
He called for unity among the Zulu nation and thanked Ramaphosa for his support.
The ceremony and celebrations were colorful displays of Zulu culture where hundreds of people dressed in traditional regalia.
Women wearing beads, skirts and hats ululated and sang Zulu hymns and slogans as they awaited the arrival of the new king.
Cheers rose in the air as Misuzulu kaZwelithini entered the main enclosure at the palace where he was handed a sharp, gold-plated scepter and received congratulatory messages from elders of the Zulu nation.
Hundreds of male Zulu warriors known as amabutho wielded traditional shields, spears and sticks as they chanted and marched into the royal palace to pledge their allegiance to their new leader.
Throughout the day men slaughtered an estimated 50 cattle, while women cooked the meat and other foods and brewed traditional sorghum beer for the celebratory feast.
The event, widely viewed as the installment or coronation of the new king, was also attended by traditional leaders from other South African ethnic groups and representatives of other nationalities who trace their origins to the Zulu nation, including communities from Zambia and Malawi.
The Zulu ethnic group is South Africa’s largest with more than 12 million people who are mainly located in the province of KwaZulu-Natal. They are acknowledged for their fierce resistance to British colonialism under King Shaka Zulu in the early 1800s.
As the leader of the Zulu nation that has control over about 10,810 square miles of land in KwaZulu-Natal province, the king is arguably the most influential traditional leader in South Africa.
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https://cw33.com/news/international/ap-international/new-king-of-south-africas-zulu-nation-dismisses-challengers/
| 2022-08-21T13:49:04Z
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NEW YORK, May 31, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Pegasystems Inc. (NASDAQ: PEGA) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of all persons and entities that purchased PEGA common stock between May 29, 2020 and May 9, 2022, inclusive.
Lead Plaintiff Deadline: July 18, 2022
No obligation or cost to you.
Learn more about your recoverable losses in PEGA:
https://www.kleinstocklaw.com/pslra-1/pegasystems-inc-loss-submission-form?id=27819&from=4
Pegasystems Inc. NEWS - PEGA NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Pegasystems Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) PEGA had engaged in corporate espionage and misappropriation of trade secrets to better compete against Appian, a principal competitor; (2) defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of such corporate espionage and trade secret theft; (3) defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through, the personal involvement of the Company's CEO; (4) the Company's CEO and other officers and employees did not comply with the Company's written Code of Conduct, including its express prohibition on "stealing" confidential information from a competitor and "misrepresenting your identity in hopes of obtaining confidential information"; (5) the Company was "unable to reasonably estimate damages" in the lawsuit filed by Appian as a result of the foregoing misconduct (the "Appian Litigation"); and (6) as a result of the foregoing, defendants' statements about PEGA's business, operations, prospects, legal compliance, and potential damages exposure in the Appian Litigation were materially false and/or misleading and/or lacked a reasonable basis when made.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in PEGA you have until July 18, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased PEGA securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the PEGA lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/pegasystems-inc-loss-submission-form?id=27819&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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https://www.mysuncoast.com/prnewswire/2022/05/31/pega-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-18-2022-class-action-filed-behalf-pegasystems-inc-shareholders/
| 2022-05-31T18:17:08Z
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375 Bitcoin mined, bringing reserves to 8,111
TORONTO, Sept. 6, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, increased its Bitcoin holdings by 375 in the period ending August 31, bringing its total self-mined holdings to 8,111 Bitcoin.
- 375 Bitcoin were generated, resulting in an average production rate of approximately 12.1 Bitcoin per day.
- Keeping with our longstanding HODL strategy, 100% of the self-mined Bitcoin in August were deposited into custody.
- Total Bitcoin balance held in reserve is 8,111 as of August 31, 2022.
- Installed ASIC hash rate capacity was 2.98 EH/s at the end of the month, which excludes certain legacy miners that the Company anticipates will be fully replaced by the end of the year.
- Hut 8 produced 125.8 BTC/EH in August.
- In late August, Hut 8 installed 180 NVIDIA GPUs in its flagship data centre in Kelowna, B.C. Currently mining Ethereum, the multi-workload machines will be designed to pivot on demand to provide Artificial Intelligence, Machine Learning, or VFX rendering services to customers.
- Hut 8 is partnering with Zenlayer to bring their on-demand high-performance computing to Canadian Web 3.0 and blockchain customers for the first time.
"Our team delivered very strong results across our mining and high performance infrastructure businesses in August, positioning us well for continued success," said Jaime Leverton, CEO. "We continue to receive and install our monthly shipments of new MicroBT miners on time, while actively adding to the suite of services we offer our data centre customers."
Hut 8 is one of North America's largest innovation-focused digital asset miners, led by a team of business-building technologists, bullish on bitcoin, blockchain, Web 3.0, and bridging the nascent and traditional high performance computing worlds. With two digital asset mining sites located in Southern Alberta and a third site in North Bay, Ontario, all located in Canada, Hut 8 has one of the highest capacity rates in the industry and one of the highest inventories of self-mined Bitcoin of any crypto miner or publicly-traded company globally. With 36,000 square feet of geo-diverse data centre space and cloud capacity connected to electrical grids powered by significant renewables and emission-free resources, Hut 8 is revolutionizing conventional assets to create the first hybrid data centre model that serves both the traditional high performance compute (Web 2.0) and nascent digital asset computing sectors, blockchain gaming, and Web 3.0. Hut 8 was the first Canadian digital asset miner to list on the Nasdaq Global Select Market. Through innovation, imagination, and passion, Hut 8 is helping to define the digital asset revolution to create value and positive impacts for its shareholders and generations to come.
This press release includes "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, "forward-looking information"). All information, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion and growth of the Company's businesses, operations, plans and other such matters is forward-looking information. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "allow", "believe", "estimate", "expect", "predict", "can", "might", "potential", "predict", "is designed to", "likely" or similar expressions. In addition, any statements in this press release that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information and include, among others, statements regarding: Bitcoin and Ethereum network dynamics; the Company's ability to advance its longstanding HODL strategy; the Company's ability to produce additional Bitcoin and maintain existing rates of productivity at all sites; the Company's ability to deploy additional miners; the Company's ability to continue mining digital assets efficiently; the Company's expected recurring revenue and growth rate from its high performance computing business; and the Company's ability to successfully navigate the current market.
Statements containing forward-looking information are not historical facts, but instead represent management's expectations, estimates and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, security and cybersecurity threats and hacks, malicious actors or botnet obtaining control of processing power on the Bitcoin or Ethereum network, further development and acceptance of Bitcoin and Ethereum networks, changes to Bitcoin or Ethereum mining difficulty, loss or destruction of private keys, increases in fees for recording transactions in the Blockchain, erroneous transactions, reliance on a limited number of key employees, reliance on third party mining pool service providers, regulatory changes, classification and tax changes, momentum pricing risk, fraud and failure related to cryptocurrency exchanges, difficulty in obtaining banking services and financing, difficulty in obtaining insurance, permits and licenses, internet and power disruptions, geopolitical events, uncertainty in the development of cryptographic and algorithmic protocols, uncertainty about the acceptance or widespread use of cryptocurrency, failure to anticipate technology innovations, the COVID19 pandemic, climate change, currency risk, lending risk and recovery of potential losses, litigation risk, business integration risk, changes in market demand, changes in network and infrastructure, system interruption, changes in leasing arrangements, and other risks related to the cryptocurrency and data centre business. For a complete list of the factors that could affect the Company, please see the "Risk Factors" section of the Company's Annual Information Form dated March 17, 2022, and Hut 8's other continuous disclosure documents which are available on the Company's profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com and on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov.
These factors are not intended to represent a complete list of the factors that could affect Hut 8; however, these factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described in this press release as intended, planned, anticipated, believed, sought, proposed, estimated, forecasted, expected, projected or targeted and such forward-looking statements included in this press release should not be unduly relied upon. The impact of any one assumption, risk, uncertainty, or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and Hut 8's future decisions and actions will depend on management's assessment of all information at the relevant time. The forward-looking statements contained in this press release are made as of the date of this press release, and Hut 8 expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
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https://www.mysuncoast.com/prnewswire/2022/09/06/hut-8-mining-production-operations-update-august-2022/
| 2022-09-06T11:33:10Z
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NEW YORK, Aug. 9, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced today that its CEO Michael Weil will discuss How The Retail Renaissance and The Necessity Retail REIT can Add Current Income to Your Portfolio in a stand-alone presentation during the upcoming August 9 – 11, 2022 MoneyShow Accredited Investors Virtual Expo. Mr. Weil will present at 3:55pm eastern on August 9, 2022. Registration for the conference is free. A link to register is provided below:
About The Necessity Retail REIT - Where America Shops
The Necessity Retail REIT (Nasdaq: RTL) is the preeminent publicly traded real estate investment trust (REIT) focused "Where America Shops". RTL acquires and manages a diversified portfolio of primarily necessity-based retail single tenant and open-air shopping center properties in the U.S. Additional information about RTL can be found on its website at www.necessityretailreit.com.
Important Notice
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results or events to be materially different. The words "may," "will," "seeks," "anticipates," "believes," "estimates," "expects," "projects," "plans," "intends," "should" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of RTL's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include (a) the potential adverse effects of (i) the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, and (ii) the geopolitical instability due to the ongoing military conflict between Russia and Ukraine, including related sanctions and other penalties imposed by the U.S. and European Union, and the related impact on RTL, RTL's tenants and the global economy and financial markets, and (b) that any potential future acquisition is subject to market conditions and capital availability and may not be completed on favorable terms, or at all, as well as those risks and uncertainties set forth in the Risk Factors section of RTL's Annual Report on Form 10-K for the year ended December 31, 2021 filed on February 24, 2022 and all other filings with the Securities and Exchange Commission after that date, as such risks, uncertainties and other important factors may be updated from time to time in RTL's subsequent reports. Further, forward-looking statements speak only as of the date they are made, and RTL undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required to do so by law.
Contacts:
Investor Relations
ir@rtlreit.com
(866) 902-0063
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| 2022-08-09T10:34:38Z
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Serial killer who preyed on women will spend life in prison: ‘Glad we got him’
SPARTANBURG, S.C. (WHNS/Gray News) - Investigators from multiple agencies released further details about a serial killer who preyed on women in North and South Carolina.
Daniel Printz pleaded guilty in federal court on Tuesday to kidnapping and killing 80-year-old Edna Suttles, the focus of a missing person search in South Carolina in 2021, and three other women.
WHNS reports Printz admitted to killing Nancy Rego, her mother Dolores Sellers and Leigh Goodman, all from North Carolina, according to his plea agreement.
“He is a serial killer. I’ll make no mistake about it,” said Greenville County Sheriff Hobart Lewis. “He was a sick-minded individual, dangerous individual. He preyed on the elderly. He preyed on females. So, we’re glad we got him.”
Printz was sentenced to life in prison and ordered to pay more than $35,000 in restitution.
During his sentencing, Printz briefly addressed the judge and the family members of his victims, saying he was sorry and asked for forgiveness, although admitting his apology cannot undo what he has done.
A person previously in a relationship with Printz said she was initially shocked that someone she knew could do such a thing, but it also didn’t surprise her in the end.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/06/22/serial-killer-who-preyed-women-will-spend-life-prison-glad-we-got-him/
| 2022-06-22T21:51:20Z
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YORK, Pa., July 27, 2022 /PRNewswire/ -- Traditions Bancorp, Inc. (OTC Pink: TRBK) reported net income of $1.5 million for the second quarter ended June 30, 2022, compared to $1.5 million in the linked quarter and $2.0 million for the second quarter of 2021. This 22% decrease from the second quarter of 2021 was caused by a $1.3 million decline in mortgage banking gains on the sale of loans due to waning home inventories and intense inflation pressure on mortgage interest rates. Favorable offsets to the trend in residential mortgage gains include continued strength in commercial loan production, retention of higher-yielding adjustable rate residential mortgage loans, improved variable rate loan yields associated with the Federal Reserve Bank's recent short-term interest rate increases, and prudent management of loan funding costs. These factors resulted in a 16% increase in net interest income compared to the second quarter of 2021. On a per share basis, the company reported 54 cents earnings per share (diluted) for the second quarter ended June 30, 2022, compared to 52 cents per share in the linked quarter and 62 cents per share for the second quarter of 2021. Due to unrealized investment portfolio losses, Accumulated Other Comprehensive Loss was $9.7 million at quarter-end. It resulted in a book value per common share of $20.37 on June 30, 2022, versus $21.46 in the linked quarter and $22.08 for the second quarter of 2021.
"Traditions Bancorp continues to successfully navigate the headwinds of economic uncertainty and record inflation by focusing on its core strategies of generating superior business loan growth, optimizing balance sheet mix to take advantage of the recent increase in interest rates, prudently managing funding costs in a rising rate environment, and maintaining credit underwriting discipline," stated Eugene J. Draganosky, President and Chief Executive Officer. "In the second quarter of 2022, we improved our margin and net interest income through increased commercial loan activity, retention of mortgage loans at favorable yields, and proactive management of our deposit betas while supporting balance sheet growth. We continue to capitalize on opportunities in our Lancaster and Capital Region markets, strengthening our franchise value. These efforts, coupled with the ongoing execution of our stock repurchase program and the recent announcement of the company's intention to pay regular quarterly cash dividends, will continue to enhance our long-term shareholder value under challenging circumstances."
Quarterly Highlights – Second Quarter 2022 versus Second Quarter 2021
- Loans grew by $64.2 million, or 13%, over 2Q21, despite being tempered by Paycheck Protection Program (PPP) loan forgiveness. Without the impact of PPP forgiveness, loans grew by $92.4 million, or 20%.
- As of June 30, 2022, PPP loan balances outstanding were $2.6 million. This included $0.3 million of remaining balances for first-round loans and $2.3 million of remaining balances for the second round.
- Deposits increased by $66.4 million, or 11%, during the last 12 months.
- Net interest margin expanded to 3.42% in 2Q22 compared to 3.22% in 2Q21, driven by the effective deployment of on-balance sheet liquidity, the Federal Reserve Bank's recent interest rate increases, and a reduction in the cost of funds from 0.33% to 0.15% over the same time horizon.
- Excess cash was deployed to purchase additional investment securities, with balances growing 31% to $135.0 million in 2Q22 versus $102.7 million in 2Q21.
- Gains on the sale of mortgages were $1.6 million for 2Q22, declining 45% from $2.9 million in 2Q21. Volumes remain depressed as market interest rates increased due to continued inflationary pressure and a significant decline in consumer homebuying sentiment, as measured by Fannie Mae's Home Purchase Sentiment Index.
- Residential mortgage loans sold in 2Q22 were $62.9 million compared to $55.2 million in the linked quarter and $109.2 million for 2Q21.
- The mortgage pipeline decreased to $53.3 million from $56.8 million in the linked quarter and decreased from $65.9 million on June 30, 2021.
- On April 19, 2022, the company announced its first quarterly regular cash dividend of eight cents per common share that was paid on May 13, 2022. Subsequently, a second-quarter eight cent per common share cash dividend was declared on July 21, 2022 and is payable on August 15, 2022 to shareholders of record at the close of business on August 5, 2022.
- As part of its Share Repurchase Plan announced on March 24, 2022, the company has repurchased 51,817 shares during the second quarter.
YTD Highlights – Six Months Ended June 30, 2022 versus Six Months Ended June 30, 2021
- Net interest income increased $1.5 million, or 15%, driven by growth in loans and investment securities, the Federal Reserve Bank's recent interest rate increases, and a lower cost of funds.
- On a YTD basis through June, net fee revenue from PPP loans totaled $215 thousand versus $607 thousand in the second quarter of 2021. $76 thousand in gross fees have yet to be recognized.
- Other expense has increased 4% from $12.0 million in 2Q21 to $12.4 million in 2Q22. These expenses will continue to be managed closely for the remainder of 2022.
- Provision for loan losses decreased by $100 thousand, or 100%, from the prior year.
Credit Quality and Capital Insights:
- 2Q22 nonaccrual loans remained flat at $1.2 million compared to 1Q22.
- The company had no foreclosed other real estate owned, or net charge-offs, in the first half of the year.
- Non-performing assets to total assets fell slightly from 0.17% in the linked quarter to 0.16% in the current quarter.
- Delinquencies greater than 30 days were 0.39% of total loans as of June 30, 2022, up from 0.36% as of March 31, 2022.
- The loan loss reserve ratio on June 30, 2022, excluding the PPP portfolio, was 1.30%, and reserves were nearly six times greater than non-performing assets. The company will adopt CECL in 2023.
- The bank remains well capitalized.
SPECIAL CAUTIONARY NOTICE REGARDING FORWARD-LOOKING STATEMENTS:
This release contains forward-looking statements about Traditions Bancorp, Inc. that are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," "anticipate" or similar terminology. Such forward-looking statements include, but are not limited to, discussions of strategy, financial projections and estimates and their underlying assumptions; statements regarding plans, objectives, goals, expectations or consequences; and statements about future performance, operations, products and services of Traditions Bancorp.
Traditions Bancorp cautions readers not to place undue reliance on forward-looking statements and to consider possible events or factors that could cause results or performance to materially differ from those expressed in the forward-looking statements, including, but not limited to: ineffectiveness of the organization's business strategy due to changes in current or future market conditions; the effects of competition, and of changes in laws and regulations on competition, including industry consolidation and development of competing financial products and services; interest rate movements; difficulties in integrating distinct business operations, including information technology difficulties; challenges in establishing and maintaining operations in new markets; volatilities in the securities markets; and deteriorating economic conditions.
Forward-looking statements in this release speak only as of the date of this release and Traditions Bancorp makes no commitment to review or update such statements to reflect changes that occur after the date the forward-looking statement was made.
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| 2022-07-27T11:09:21Z
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VANCOUVER, BC, July 29, 2022 /PRNewswire/ - Pacific Energy Corporation Limited (Pacific Energy) and Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today announced an agreement to jointly invest in the construction and operation of the Woodfibre LNG project.
Woodfibre LNG is a 2.1 million-tonne-per-year liquefied natural gas (LNG) export facility with 250,000M3 of floating storage capacity being built near Squamish, B.C. The project is underpinned by two long-term offtake agreements with BP Gas Marketing Limited for 15 years representing 70% of the capacity, with additional commitments in development for up to 90%. Woodfibre LNG announced in April that it had issued Notice to Proceed to global engineering and construction company McDermott International and that the project is expected to be in service in 2027.
Woodfibre LNG will use electric motor drives powered by renewable hydroelectric power, making this one of the lowest-emission LNG export facilities in the world. The project is the only one in Canada with a non-treaty Indigenous-issued environmental assessment certificate, the first project approved under the Government of Canada's "Five Principles" for environmental assessment, and has received all major federal, provincial and First Nations approvals.
"This partnership is a milestone for the Woodfibre LNG project," said Ratnesh Bedi, President of Pacific Energy," "and it further accelerates Canada's ability to be a meaningful player in the global energy transition with the production of the world's lowest carbon LNG."
"Enbridge is an accomplished North American energy company with substantial natural gas operations in B.C. and Woodfibre LNG is pleased that the companies have entered into this investment agreement," said Christine Kennedy, President of Woodfibre LNG. "We believe this agreement speaks to the credentials of the project, from our world-leading Indigenous partnerships to the incredible environmental due diligence, and the ambition of Woodfibre LNG to produce the lowest-emissions LNG in the world."
"As a leader in the energy transition, Enbridge is excited to participate in the Woodfibre LNG facility through this partnership," said Al Monaco, Enbridge's President and Chief Executive Officer. "This facility will provide global LNG markets with a safe, secure and sustainable source of B.C. natural gas through long-term transportation agreement on our T-South pipeline system. This investment is a natural extension of our export pipeline strategy, with strong commercial underpinnings.
"Expanding global access to natural gas through LNG will play a critical role in North America's energy future and will help to reduce the world's greenhouse gas emissions through the displacement of coal-fired power generation, creating strong alignment with our ESG goals," added Monaco.
Under the partnership agreement, Enbridge will invest in a 30% ownership stake in the $5.1 billion Woodfibre LNG project, with Pacific Energy retaining the remaining 70% stake in the facility. Capital for the project includes a contribution in aid of construction for the expansion of FortisBC Energy Inc.'s ("FortisBC") Eagle Mountain to Woodfibre pipeline which will connect the facility through FortisBC's system to Enbridge's T-South natural gas transmission system.
Pacific Energy and Enbridge will each make pro-rata contributions during construction through a combination of asset level financing and equity investments. In exchange for its capital contribution, Enbridge will receive a preferred equity interest that provides predictable future cash flows. The partners will jointly participate in project's execution and governance of ongoing operations, while Pacific Energy retains responsibility for daily operations.
Construction of Woodfibre LNG will be undertaken through an engineering, procurement, fabrication and construction contract with McDermott International. McDermott President and Chief Executive Officer Michael McKelvy welcomed the partnership stating: "The addition of Enbridge is a natural fit as we work together to build the lowest-emission, most sustainable and innovative LNG export facility in the world. Their proven commitment to enabling a new generation of sustainable energy solutions aligns directly with our goal to set a new standard for efficient plant design."
BMO Capital Markets is acting as exclusive financial advisor to Pacific Energy Corporation on the transaction.
Enbridge Forward-Looking Information
Forward-looking information, or forward-looking statements, have been included in this news release to provide information about Enbridge Inc. ("Enbridge" or the "Company") and its subsidiaries and affiliates, including management's assessment of Enbridge and its subsidiaries' future plans and operations. This information may not be appropriate for other purposes. Forward-looking statements are typically identified by words such as ''anticipate'', ''expect'', ''project'', ''estimate'', ''forecast'', ''plan'', ''intend'', ''target'', ''believe'', "likely" and similar words suggesting future outcomes or statements regarding an outlook. Forward-looking information or statements in this news release include statements with respect to Woodfibre LNG project and Enbridge's investment therein, including the characteristics, components and benefits thereof, expected in service dates, and anticipated costs and financing.
Although Enbridge believes these forward-looking statements are reasonable based on the information available on the date such statements are made and processes used to prepare the information, such statements are not guarantees of future performance and readers are cautioned against placing undue reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements. Assumptions regarding the expected supply of and demand for crude oil, natural gas, natural gas liquids, liquified natural gas, renewable energy and other commodities, and the prices of these commodities, are material to and underlie all forward-looking statements, as they may impact current and future levels of demand for the Company's services and other energy-related services and products. Similarly, energy transition, including the drivers and pace thereof, exchange rates, inflation and interest rates impact the economies and business environments in which the Company operates and may impact levels of demand for the Company's and others' services and products and cost of inputs, and are therefore inherent in all forward-looking statements. Due to the interdependencies and correlation of these macroeconomic factors, the impact of any one assumption on a forward-looking statement cannot be determined with certainty. The most relevant assumptions associated with forward-looking statements on announced projects and projects under construction, including estimated in-service dates and the realization of anticipated benefits, include the following: the impact of litigation and government, regulatory and stakeholder actions and approvals on construction and in-service schedules; the availability and price of labour and construction materials; the stability of the supply chain; the effects of inflation and foreign exchange rates on labour and material costs; the effects of interest rates on borrowing costs; technology-related matters; the impact of weather; and expectations about our partners' ability to complete and finance proposed projects.
Enbridge's forward-looking statements are subject to risks and uncertainties, including, but not limited to those risks and uncertainties discussed in this news release and in the Company's other filings with Canadian and United States securities regulators. The impact of any one risk, uncertainty or factor on a particular forward-looking statement is not determinable with certainty as these are interdependent and Enbridge's future course of action depends on management's assessment of all information available at the relevant time. Except to the extent required by applicable law, Enbridge assumes no obligation to publicly update or revise any forward-looking statements made in this news release or otherwise, whether as a result of new information, future events or otherwise. All subsequent forward-looking statements, whether written or oral, attributable to Enbridge or persons acting on the Company's behalf, are expressly qualified in their entirety by these cautionary statements.
About Woodfibre LNG
The Woodfibre LNG Project is owned and operated by Woodfibre LNG Limited, a privately held Canadian company based in Vancouver, B.C. Woodfibre LNG Limited is the owner of the former Woodfibre pulp mill site, which is located about seven kilometers southwest of downtown Squamish, B.C.
Woodfibre LNG will source its natural gas from Pacific Canbriam Energy, a Canadian company with operations in northeastern B.C. Pacific Canbriam is an industry leader in sustainable natural gas production. For more information, please visit www.pacific-canbriam.ca.
Woodfibre LNG and Pacific Canbriam Energy are subsidiaries of Pacific Energy Corporation Limited.
About Pacific Energy
Pacific Energy, which is part of the Singapore-based RGE group of companies, is an independent energy resources development company focused on helping North America and growing Asian economies meet their increasing energy requirements. The company strategy is to invest, develop, build, own and operate innovative and cost-competitive projects throughout the energy value chain, while maintaining constant attention to our role as a responsible corporate citizen.
About Enbridge
At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil or renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on two decades of experience in renewable energy to advance new technologies including wind and solar power, hydrogen, renewable natural gas and carbon capture and storage. We're committed to reducing the carbon footprint of the energy we deliver, and to achieving net zero greenhouse gas emissions by 2050.
Headquartered in Calgary, Alta., Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at Enbridge.com
For Further Information Please Contact:
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| 2022-07-29T11:50:08Z
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Study & White Paper includes 12 telemedicine and patient engagement KPIs from 2021 with benchmark data.
ORLANDO, Fla., May 19, 2022 /PRNewswire/ -- Mend today announced the release of a new free report titled, "12 Telemedicine & Digital Health Engagement KPIs Every Executive Should Know," and a white paper titled, "The Key Performance Indicators of Successful Telehealth & Patient Engagement Programs in 2022." Mend facilitates millions of patient engagements every year on behalf of its customers. These materials cover data spanning telemedicine, digital forms, patient self-scheduling and more.
"The insights gathered are valuable to any healthcare leader," says Matt McBride, CEO at Mend. "The pandemic has made digital patient engagement more important than ever and Mend is excited to share insights and data with the industry."
The materials cover a wide range of data, including:
- No-show rates
- Patient wait times
- Patient satisfaction
- Connection quality
- Completion rates
- Speed to completion
- Patient self-scheduling rates
- Reachable vs. unreachable patients
- And more
To learn more about the free report titled, "12 Telemedicine & Digital Health Engagement KPIs Every Executive Should Know", click here.
To learn more about the free white paper titled, "The Key Performance Indicators of Successful Telehealth & Patient Engagement Programs in 2022", click here.
About Mend:
Mend is an enterprise-grade patient engagement and telehealth platform designed to help healthcare organizations profitably scale their practice and care for more patients. Founded in 2014, Mend is on a mission to revolutionize healthcare delivery so that every patient can receive extraordinary care. Mend makes it easy for healthcare providers to securely and efficiently communicate with their patients and colleagues, without concerns of violating HIPAA compliance or misplacing patient information. Mend provides integrated in-office and virtual care experiences for over 100 specialties with more than 5 million patients.
Mend's comprehensive platform works hand-in-hand with all major EHR and PMS software to facilitate more than 400,000 telehealth visits per month, increase patient satisfaction by up to 23%, reduce no-show rates as low as 4%, radically improve staff productivity, and help providers drive more revenue through better patient attendance.
To find out more about how your practice can create new opportunities for delivering care and expanding revenue streams with Mend, schedule a free demo.
Michael Dillon
Mend
800-490-2788
pr@mend.com
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| 2022-05-19T15:45:50Z
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The AdMonsters Awards Recognize Women Making an Impact in Media And Ad Tech
NEW YORK , June 6, 2022 /PRNewswire/ -- Confiant, global ad tech security and threat intelligence solutions provider, announced today that Morgan Martins, Head of Marketing was selected as a 2022 Top Women in Media and Ad Tech Change-Maker Honoree. This year the AdMonsters + AdExchanger awards program honors 130+ leaders who have made a lasting impact on ad tech and media brands, organizations and markets. The awards spotlight the progress and diversity of the Media and Ad Tech industry.
"We have always known that Morgan is exceptionally talented and so it is elating that she was recognized by an independent committee for her work," commented Louis-David Mangin, CEO and Cofounder of Confiant Inc. "She is one of our valued team members," concluded Mangin.
"I'm honored to be included along with these amazing women in our industry. As women in technology it's up to us to support and elevate each other in all aspects of our work. We offer a diversity of thought in an industry that is constantly changing. I'm proud to be part of it," said Morgan Martins, Head of Marketing at Confiant Inc.
Applicants from across North America competed for the 2022 Top Women in Media and Ad Tech Awards. AdMonsters and AdExhcanger created the awards to recognize, celebrate, inspire and bring together the women who are making a difference to the greater digital media and advertising technology community with their talents, creativity and effective productivity.
The June 6th awards gala at the Metropolitan Pavilion in New York City celebrates the achievements of this impressive group of women who are helping to define the future of media and ad tech.
Morgan is an influential, team-building Head of Marketing at Confiant with more than 20 years delivering innovative integrated marketing programs for start-ups and global enterprises in B2B, Ad Tech, SaaS, Real Estate, Legal, and Higher Education that build brand share, revenue growth, and customer retention. Morgan knows and executes on the world-class strategic marketing, PR, Social Media campaigns, cultural communications, marketing ops, sales enablement, and training that drive awareness, engagement, and customer journeys resulting in conversion. She is a passionate driver of brand creation, innovation, standards, and enforcement.
Confiant's mission is to make the digital world safe for everyone.
Confiant is a cybersecurity provider specialized in detecting and stopping threats that leverage advertising technology infrastructure, also known as Malvertising. We help digital publishers and advertising technology platforms around the world take back control of the ad experience in real-time. In addition, Confiant helps enterprises protect themselves and their customers from threat actors performing these attacks. Confiant oversees trillions of monthly ad impressions with innovative integrations embedded deep into the ad tech ecosystem, giving us a unique vantage point. Our superior detection set for phishing, crypto scams and malware attacks using ads as a vector is one-of-a-kind in the industry. Confiant executes our mission everyday to protect users and organizations of all sizes, including Microsoft, Orange, Paramount and IBM. We offer unique and actionable insights into threats that systematically target brands, businesses, individuals and supply chains via ads. Our recently published Malvertising Matrix maps the tactics, techniques and procedures active in Malvertising today. inclusive of emerging Web3 Layer 4 threats. To learn more about Confiant and our technology visit: www.confiant.com
Follow us on Social
@Weareconfiant or visit www.confiant.com
for more information.
Media Contact Information:
Morgan Martins
(646) 694-2696
marketing_team@confiant.com
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| 2022-06-06T17:25:41Z
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On a strategic mission to meet consumers wherever they are in the home buying and selling journey, Anywhere rebrand represents the company's unique advantages and future ambitions
Anywhere shares now trade on the New York Stock Exchange under ticker symbol "HOUS"
MADISON, N.J. , June 9, 2022 /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS), a global leader in residential real estate services (formerly known as Realogy Holdings Corp.), today announced the completion of the corporate rebrand. Shares of the company's common stock began trading this morning on the New York Stock Exchange (NYSE) under the ticker symbol, "HOUS". No action is required by AnywhereSM shareholders regarding the name or ticker change, and the company's CUSIP number will remain unchanged.
Home to renowned real estate brands, Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Corcoran®, ERA®, and Sotheby's International Realty® as well as national title, settlement, and relocation companies and scaled mortgage origination and underwriting joint ventures, the Anywhere rebrand reflects a broader strategic shift for the company, which executives laid out during an Investor Day event last month. Leveraging its leading position in business segments that comprise nearly every aspect of the real estate transaction, the company has placed a strong emphasis on building a more simplified, digitized, and integrated home buying and selling experience for any consumer, anywhere.
"At Anywhere, we intend to further leverage our unique advantages – powerful agent network, leading brands, scaled core services, deep technology and data, and strong financial flexibility – to meaningfully transform one of life's most important and complex transactions," said Ryan Schneider, Anywhere president and chief executive officer. "The new Anywhere brand more boldly reflects our core purpose and company culture, and together with our trusted agents and franchise owners, we look to execute an agent-centric strategy that benefits all consumers, no matter where they may be in their home buying or selling journey."
The Anywhere rebrand modernizes the look and feel of one of the industry's leading real estate parent companies. The new logo features a memorable icon inspired by an eight-stroke asterisk, a nod to the depth of the organization, that has been modified as a sun rising above a home's roofline, symbolizing the potential that comes with a new day. The deep midnight blue and vibrant orange brand colors evoke the vast opportunity, hope, and illumination Anywhere will bring to the consumer experience. As part of today's launch, Anywhere debuted a new enterprise website, anywhere.re, which showcases the company's businesses, brands, and commitments, including product and technology, integrity, and people-first culture, which all combine to realize the company's purpose: empowering everyone's next move.
The Anywhere naming and brand development was led by multidisciplinary San Francisco-based design firm, Hybrid Design. For more information, please visit anywhere.re and sign up for alerts at ir.anywhere.re. Follow Anywhere on social media by visiting its LinkedIn, Twitter, and Instagram pages.
Anywhere Real Estate Inc. (NYSE: HOUS) is on a mission to empower everyone's next move. Home to some of the most recognized brands in real estate – Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Corcoran®, ERA®, and Sotheby's International Realty® – the AnywhereSM portfolio includes franchise and brokerage operations as well as national title, settlement, and relocation companies and nationally scaled mortgage origination and underwriting joint ventures. Supporting approximately 1.5 million home transactions in 2021, Anywhere is focused on simplifying, digitizing, and integrating the real estate transaction for all consumers, no matter where they may be in their home buying and selling journey. With innovative products and technology, Anywhere fuels the productivity of its approximately 196,200 independent sales agents in the U.S. and approximately 136,400 independent sales agents in 118 other countries and territories. Recognized for eleven consecutive years as one of the World's Most Ethical Companies, Anywhere has also been designated a Great Place to Work four years in a row, named one of LinkedIn's 2022 Top Companies in the U.S., and honored by Forbes as one of the World's Best Employers 2021.
Certain statements in this press release constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Anywhere Real Estate Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements.
Various factors that could cause actual future results and other future events to differ materially from those in the forward-looking statements, include, but are not limited to those set forth under the headings "Forward-Looking Statements" and "Risk Factors" in Anywhere's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2021 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 (filed under the company's former name, Realogy Holdings Corp.) and the company's other filings made from time to time, in connection with considering any forward-looking statements that may be made by the company and its businesses generally. The company undertakes no obligation to release publicly any revisions to any forward-looking statements, except as required by law.
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| 2022-06-09T17:13:52Z
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READING, Penn., July 8, 2022 /PRNewswire/ -- Quaker Maid Meats (QMM) is honored to celebrate the life of Stanley J. Szortyka, our company's founder, who passed away on July 1, 2022. Under Stanley's leadership, Quaker Maid Meats has become the largest frozen retail sandwich steak producer in the country, which includes the iconic Steak-umm brand.
Born in Pringle, Penn. in 1927 to Polish immigrants, growing up in a coal mining town was a hard and difficult life which Stanley vowed to escape. After serving in World War II, he returned to Pringle to work at French Steak Co., where he developed a passion for the meat business. After starting a family of his own, Stanley founded QMM in 1960 and was responsible for the full scope of the business, leading production, sales, company growth and more.
Stanley was a tough but compassionate man who never wanted to "make money off the sweat of another man's back." This mantra was instilled in his children, who are still fully involved in the operation of QMM along with an exceptional management team.
Stanley's business legacy includes three plants and the largest frozen sandwich steak production in the country. His memory will serve as an inspiration to his family, colleagues, and business partners who loved and respected him.
Media Contact:
Laura Mansfield, APR
Tombras
lmansfield@tombras.com
865.599.9968
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SOURCE Quaker Maid Meats
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https://www.mysuncoast.com/prnewswire/2022/07/08/memoriam-stanley-j-szortyka/
| 2022-07-09T10:51:19Z
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WASHINGTON (AP) — For the first time, the U.S. came close to providing health care for all during the coronavirus pandemic — but for just one condition, COVID-19.
Now, things are reverting to the way they were as federal money for COVID care of the uninsured dries up, creating a potential barrier to timely access.
But the virus is not contained, even if it’s better controlled. And safety-net hospitals and clinics are seeing sharply higher costs for salaries and other basic operating expenses. They fear they won’t be prepared if there’s another surge and no backstop.
“We haven’t turned anybody away yet,” said Dr. Mark Loafman, chair of family and community medicine at Cook County Health in Chicago. “But I think it’s just a matter of time … People don’t get cancer treatment or blood pressure treatment every day in America because they can’t afford it.”
A $20 billion government COVID program covered testing, treatment and vaccine costs for uninsured people. But that’s been shut down. Special Medicaid COVID coverage for the uninsured in more than a dozen states also likely faces its last months.
At Parkland Health, the frontline hospital system for Dallas, Dr. Fred Cerise questions the logic of dialing back federal dollars at a time when health officials have rolled out a new “test-to-treat” strategy. People with COVID-19 can now get antiviral pills to take at home, hopefully avoiding hospitalization. Vice President Kamala Harris, who recently tested positive but is back working at the White House, is an example.
“Test-to-treat will be very difficult for uninsured individuals,” predicted Cerise, president and CEO of the system. “If it’s a change in strategy on the large scale, and it’s coming without funding, people are going to be reluctant to adopt that.”
Officials at the federal Department of Health and Human Services say the new antiviral drugs like Paxlovid have been paid for by taxpayers, and are supposed to be free of charge to patients, even uninsured ones.
But they acknowledge that some uninsured people can’t afford the medical consultation needed to get a prescription. “We hear from state and local partners that the lack of funding for the Uninsured Program is creating challenges for individuals to access medications,” said Dr. Meg Sullivan, chief medical officer for the HHS preparedness and response division.
The nation has not pinched pennies on the pandemic before.
“We’re well short of universal health coverage in the U.S., but for a time, we had universal coverage for COVID,” said Larry Levitt, a health policy expert with the nonpartisan Kaiser Family Foundation. “It was extraordinary.”
Recently an urgent White House request for $22.5 billion for COVID priorities failed to advance in Congress. Even a pared-back version is stuck. Part of the Biden administration’s request involves $1.5 billion to replenish the Uninsured Program, which paid for testing, treatment and vaccine-related bills for uninsured patients. The program has now stopped accepting claims due to lack of money.
That program, along with a less known Medicaid option for states, allowed thousands of uninsured people to get care without worrying about costs. Bipartisan support has given way as congressional Republicans raise questions about pandemic spending.
The Uninsured Program was run by the Health Resources and Services Administration, an HHS agency. Medical providers seeing uninsured people could submit their bills for reimbursement. Over the last two years, more than 50,000 hospitals, clinics, and medical practices received payments. Officials say they can turn the program back on if Congress releases more money.
The Medicaid coverage option began under the Trump administration as a way to help states pay for testing uninsured people. President Joe Biden’s coronavirus relief bill expanded it to treatment and vaccine costs as well. It’s like a limited insurance policy for COVID. The coverage can’t be used for other services, like a knee replacement. The federal government pays 100% of the cost.
Fifteen states, from deep blue California to bright red South Carolina, have taken advantage of the option, along with three U.S. territories. It will end once the federal coronavirus public health emergency is over, currently forecast for later this year.
New Hampshire Medicaid Director Henry Lipman said the coverage option allowed his state to sign up about 9,500 people for COVID care that includes the new antiviral drugs that can be taken at home.
“It’s really the safety net for people who don’t have any access to insurance,” said Lipman. “It’s a limited situation, but in the pandemic it’s a good back-up to have. It makes a lot of sense with such a communicable disease.”
With COVID cases now at relatively low levels, demand for testing, treatment and vaccination is down. But the urgency felt by hospitals and other medical service providers is driven by their own bottom lines.
In Missouri, Golden Valley Memorial Healthcare CEO Craig Thompson is worried to see federal funding evaporate just as operating costs are soaring. Staff have gotten raises, drug costs have risen by 20% and supply costs by 12%.
“We’ve now exited this pandemic … into probably the highest inflationary environment that I’ve seen in my career,” Thompson said. The health system serves a largely rural area between Kansas City and Springfield.
In Kentucky, Family Health Centers of Louisville closed a testing service for uninsured people once federal funds dried up. The private company they were working with planned to charge $65 a test.
Things are manageable now because there’s little demand, said spokeswoman Melissa Mather, “but if we get hit with another omicron, it’s going to be very difficult.”
Floridian Debra McCoskey-Reisert is uninsured and lost her older brother to COVID-19 in the first wave two years ago. In one of their last conversations, he made her promise she wouldn’t catch the virus.
McCoskey-Reisert, who lives north of Tampa, has managed to avoid getting sick so far. But she’s overshadowed by fear of what could happen if she or her husband get infected.
“If either one of us get sick with COVID, we don’t have a way to pay for it,” she said. “It would likely bankrupt us if we can’t find some other help.”
Retrenchment on the uninsured mirrors some of the bigger problems of the U.S. health care system, said Chicago hospital physician Loafman.
“Quite frankly, we as a society take care of the uninsured for COVID because it’s affecting us,” he said. “You know, a gated community doesn’t keep a virus out … that’s sort of the ugly truth of this, is that our altruism around this was really self-motivated.”
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Hollingsworth reported from Mission, Kansas.
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https://cw33.com/health/ap-health/covid-coverage-for-all-dries-up-even-as-hospital-costs-rise-2/
| 2022-05-06T22:50:27Z
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(NEXSTAR) – The professional golfers who win the Masters Tournament at Augusta National Golf Club are rewarded with a slew of prizes and keepsakes, including a trophy, a gold medal and a sweet green jacket.
Oh, right. There’s also lots and lots of money.
The total purse for the 2022 Masters Tournament has yet to be announced, though it’s expected to exceed the $11.5 million awarded to players in recent years. A little over $2 million of that purse has gone straight to the winner since 2019.
After taking the green jacket in 2021, Masters champion Hideki Matsuyama won $2,070,000 in prize money, making him the third champion to earn that figure after Tiger Woods and Dustin Johnson won the Masters in 2019 and 2020, respectively.
The runner-up prizes aren’t too shabby either, with $1,242,000 going to the second-place finisher and $782,000 going to the third. The rest of the competitors receive smaller (although still relatively large) payouts depending on their scores. In recent years, $28,980 of the total purse has even been earmarked for the golfer who finishes 50th.
In the case of a tie, the golfers who finish with the same score receive the average of the cash sums for their ranking. For instance, if two golfers tie for second, they would split the total prize awarded for second and third place ($1,242,000 and $782,000, in 2021), which would have averaged out to $1,012,000 apiece.
Such large sums, meanwhile, might make past champions green with envy. The very first winner of Masters Tournament took home only $1,500 in 1934, and the top prize didn’t exceed 100,000 until 50 years later 1984, according to Golf Monthly. Even adjusted for inflation, neither of those prizes come anywhere close to the current winner’s share.
Then again, there’s more to the Masters than just the cash prizes. Did we mention the runner-up also gets a silver serving tray?
The 2022 Masters Tournament, taking place at Augusta National Golf Club in August, Georgia, runs from April 7 through April 10.
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https://cw33.com/news/the-masters-tournament-how-much-money-does-the-winner-take-home/
| 2022-04-07T18:49:24Z
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- Skolem Technologies Raises $20 Million to Enable Institutional-Grade Access to DeFi
- Investor in Skolem's Series A round include Galaxy Digital, Point72 Ventures, Jump Crypto, Fenwick and Dragonfly Capital
TORONTO, June 15, 2022 /PRNewswire/ - Valour Inc. (the "Company" or "Valour") (NEO: DEFI) (GR: RMJR) (OTCQB: DEFTF), a technology company bridging the gap between traditional capital markets and decentralised finance, announced today that Skolem Technologies raised $20 Million in Series A funding. The round was led by Galaxy Digital and included participation from Point72 Ventures, Jump Crypto, Fenwick and West, Morpheus Ventures, and Dragonfly Capital.
Founded in 2020 and led by JP Smith, formerly of Trail of Bits, Skolem is the first full-stack DeFi platform that enables institutions to participate directly in DeFi markets without having to substantially increase technical headcount and portfolio risk. Skolem's robust infrastructure and unique interface layer provides clients with reliable execution, an easy-to-use web UI and API, and full trade lifecycle support.
Due to the structural benefits of decentralization, DeFi is increasingly attracting institutional interest. According to DeFi Llama, DeFi has a total value locked (TVL) of $111.86 billion with DeFi assets under management increasing 713% over the past 18-month period. Skolem intends to use the proceeds from the fundraise to build out its team, in addition to scaling the platform's technological capabilities to grow the DeFi market by orders of magnitude.
"Skolem's business model is a perfect fit for our mission at Valour to expand access to digital assets with a simple and secure method," said Russell Starr, CEO at Valour. "As a participant in their early funding rounds we are very excited to see the team at Skolem raise additional funds from top tier firms and execute as the DeFi market continues to evolve and attract institutions with onramps made possible by their teams' disruptive platform."
"DeFi markets are constantly evolving, making it difficult for institutions to easily trade, record, and engage in the market in a secure and dependable way. At Skolem, we are firm believers that DeFi will change our world over the next decade, and we are committed to increasing access to this important market by developing a scalable platform that can safely provide an entry point," said JP Smith, Founder and Chief Executive Officer of Skolem. "This fundraise underscores our partners' confidence in Skolem's platform and the much-needed reliability it offers institutions to help them and DeFi markets flourish."
"Skolem is a zero to one solution for institutional access to DeFi markets. The institutional DeFi stack requires security, execution, risk management, accounting, and compliance," added Will Nuelle, Principal Investments at Galaxy Digital. "The options for institutions today are either roll-your-own tech stack and hire an engineering team or let Skolem do the heavy lifting. We are thrilled to support Skolem as they make DeFi access secure, convenient, and reliable."
"There is a clear and loud need from institutional investors for a solution like Skolem, which enables secure enterprise-grade access to the DeFi markets," said Adam Carson, crypto lead at Point72 Ventures. "Skolem is a first mover in the space, and we are excited to back this impressive team of technologists and their efforts to support the growth of institutional DeFi markets."
"Access to trading in the DeFi space is limited, complicated, and lacks the guardrails necessary for institutions with stringent risk and reporting requirements to get involved," said Hassab Qureshi, Managing Partner at Dragonfly Capital. "As the market continues to evolve, JP, Adam and their talented team created a simple, yet cutting-edge, solution to enable DeFi to reach its full potential."
Learn more about Valour and Skolem at valour.com and skolem.tech
About Skolem Technologies
Skolem Technologies provides data and trade execution services for decentralized financial markets. Our systems are built on a deep understanding of the underlying smart contracts and a security research mentality. Skolem Execution Technology is available on an invite-only basis.
About Valour Inc.:
Valour Inc. (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) is a technology company bridging the gap between traditional capital markets and decentralized finance. Our mission is to expand investor access to industry-leading decentralized technologies which we believe lie at the heart of the future of finance. On behalf of our shareholders and investors, we identify opportunities and areas of innovation, and build and invest in new technologies and ventures in order to provide trusted, diversified exposure across the decentralized finance ecosystem. For more information or to subscribe to receive company updates and financial information, visit valour.com.
Cautionary note regarding forward-looking information:
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, Skolem, statements with respect to listing of ETPs by Valour; the growth of AUM; expansion of Valour into other geographic areas; the growth and adoption of decentralized finance; the pursuit by Valour and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", 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". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited to acceptance of Valour ETPs by Frankfurt, Euronext and other exchanges; investor demand for DeFi Technologies' and Valour's products; the growth and development of Valour and cryptocurrency sector; rules and regulations with respect to Valour and cryptocurrency; general business, economic, competitive, political and social uncertainties. 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 does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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https://www.kxii.com/prnewswire/2022/06/15/valours-venture-portfolio-company-skolem-technologies-raises-20-million-series-round/
| 2022-06-15T14:49:55Z
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Applications now open for K-8 schools interested in a chance to receive a FREE Smart Video Intercom System
OAK BROOK, Ill., Sept. 8, 2022 /PRNewswire/ -- Chamberlain Group, a leader in smart access solutions, launches "Safer Schools" initiative and is giving away 100 of its award-winning LiftMaster Smart Video Intercom systems to K-8 schools across America. LiftMaster Smart Video Intercoms bring secure and reliable access to any school entrance by allowing school administrators or employees to see and speak to visitors prior to granting them access. Schools interested in receiving a free Smart Video Intercom can complete an online application form located on Chamberlain Group's Safer Schools website.
"Chamberlain Group's Safer Schools initiative came to life after the Uvalde school shooting. Our employees stood up and asked what Chamberlain Group could do to make schools and communities safer," said Jennifer Lytle, Chamberlain Group Safer Schools Initiative Lead and VP & GM, Commercial Services Emerging Business. "We wanted to find a way to help make schools a safer place for our children and teachers. The 100 free Smart Video Intercoms are a start, we look forward to helping in other ways through our Safer Schools initiative."
When Chamberlain Group launched its Smart Video Intercoms in 2020 the main use case was enhancing access security for residents within multifamily properties. "After seeing firsthand how successfully our products performed in that context, we realized that they could also be a powerful solution for schools," added Lytle.
LiftMaster Smart Video Intercoms powered by myQ® software, allow you to see, speak to, and grant access to visitors from any phone or web browser. Administrators can also create individualized access schedules for staff and guests, view archived video footage from every access event, and remotely lock or unlock additional building access points. The Intercom is easily retrofitted into an existing setup, requiring only a power source, an internet connection, and an electronic or lock door strike system.
K-8 schools eligible to receive a free LiftMaster Smart Video Intercom can indicate interest by submitting their information via Chamberlain Group's Safer Schools website. Schools will be selected in the order of qualified applications received, until all 100 free Smart Video Intercoms have been given away. Schools selected to receive a free LiftMaster Smart Video Intercom System will also receive a free myQ Community video subscription plan for the life of the Intercom.
To further support schools in their effort to keep students and educators safe, Chamberlain Group is also partnering with PASS (Partner Alliance for Safer Schools). "The Partner Alliance for Safer Schools is pleased to welcome the LiftMaster brand as an official PASS Partner," said PASS Advisory Council Chair Chuck Wilson. "We thank the company for its commitment to improving school safety and security and look forward to working together to protect our schools and communities."
PASS offers the most comprehensive information available on best practices for securing school facilities. According to PASS Guidelines, a video intercom is a Tier 1 requirement, making the LiftMaster Video Intercom a valuable safety measure for a school looking to enhance security around their entrances.
For more information on Chamberlain Group's Safer Schools Initiative and how to enter for a chance to receive a free LiftMaster Smart Video Intercom visit https://www.myq.com/saferschools or email SaferSchools@liftmaster.com.
About Chamberlain Group
Chamberlain Group is a leader in smart access solutions across residential and commercial properties. Our prominent brands LiftMaster®, Chamberlain®, Merlin® and Grifco® are found in millions of residential and commercial access applications across the globe. Our innovative products and partnerships, powered by our myQ® ecosystem, provide customers with smart access solutions to move safely through garages, homes, communities, businesses and storage facilities. Chamberlain Group pioneered vehicle-to-home connectivity through patented technology aboard hundreds of millions of vehicles. Chamberlain Group includes Controlled Products Systems Group, a leading wholesale distributor of perimeter access control equipment in the U.S., and Systems, LLC, one of North America's leading dock leveler manufacturers. Further information is available at www.chamberlaingroup.com. Follow Chamberlain Group on Facebook, LinkedIn and Twitter.
About LiftMaster
LiftMaster, a Chamberlain Group brand, is the number one brand of professionally installed residential garage door openers, and a leading manufacturer of commercial door operators, residential and commercial gate operators, smart video intercoms, and related access control products. Driven by the access and security needs of the marketplace, LiftMaster's expansive line of state-of-the-art residential and commercial products are designed to fit any lifestyle or application, providing the latest technology and innovations in safety, security and convenience. More information at LiftMaster.com.
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SOURCE The Chamberlain Group
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https://www.mysuncoast.com/prnewswire/2022/09/08/chamberlain-group-give-away-100-liftmaster-smart-video-intercoms-k-8-schools-through-safer-schools-initiative/
| 2022-09-08T16:48:51Z
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First-of-its-Kind blood-based pan-cancer treatment response monitoring test
SHENZHEN, China, May 25, 2022 /PRNewswire/ -- SeekIn Inc, a leader in blood-based cancer early detection and monitoring technology, today announced CE (ConformitéEuropéenne) Mark approval for SeekInClarityTM Cancer Treatment Response Monitoring Kit and is now ready to launch this test in European Union and other countries that recognize CE mark.
Only up to one third of patients could clinically benefit from therapeutic treatment for cancer. The use of ctDNA as a marker of tumor burden is a new approach for treatment response monitoring. Emerging evidence has indicated that the presence of ctDNA may precede radiological relapse. According to RECIST criteria, traditional imaging techniques require four to six treatment cycles to determine the effectiveness of a particular treatment for a particular patient, in contrast noninvasive ctDNA detection may provide complementary evaluation as early as one cycle of treatment. The potential of dynamic monitoring technology lies in its ability to detect tumor recurrence earlier than traditional imaging, to evaluate prognosis effectively, and to eventually help patients improve survival rate. As a blood-based assay, ctDNA can overcome shortcomings of cancer tissue accessibility, radiation damage and tumor heterogeneity, and as a result, is increasingly used to guide cancer treatment.
"SeekInClarityTM Cancer Treatment Response Monitoring Kit is developed by a combination strategy based on shallow whole-genome sequencing (sWGS) and protein analysis (PTMs) in blood. We utilize Molecular Response Index (MRI) model to calculate molecular tumor burden (MTB) so that we can fully capture the overall genomic landscape of a tumor and better evaluate the efficacy of various therapies including chemotherapy, targeted therapy, immunotherapy or combination therapy," Mao Mao, M.D., Ph.D., SeekIn's founder and CEO, said in a statement. "CE marking represents a significant milestone for SeekIn to realize the commercialization and compliance process of therapy evaluation. SeekIn will bring SeekInClarity test to patients and healthcare providers in Europe. We will continue our efforts to meet additional regulatory requirements in Europe, and to obtain global regulatory approvals in other territories such as China and Japan."
About SeekInClarityTM
SeekInClarityTM is the first-in-class blood-based pan-cancer treatment response monitoring test, which uses a cutting edge multivariable molecular tumor burden (MTB) algorithm. Molecular response index (MRI) model maps panoramic cancer genome by shallow whole-genome sequencing (sWGS), combining copy number aberration (CNA),fragment size (FS) and 7 protein tumor markers, to predict tumor burden and therapeutic efficacy of late-stage cancer patients during treatment, including chemotherapy, target therapy and immunotherapy or combination therapies.
About SeekIn
SeekIn Inc is a biotech company founded in early 2018 in Shenzhen, China, focusing on blood-based pan-cancer early detection utilizing next-generation sequencing and artificial intelligence. Since founded, SeekIn has been committed to providing cutting-edge and cost-effective solutions for cancer early detection, postoperative recurrence monitoring, and treatment response evaluation. SeekIn also developed novel molecular tests for leukemia patients. Its cancer early detection technology has been applied to canines as well. With its proprietary technical advances, SeekIn has launched a number of research and clinical studies in collaboration with top-tier hospitals in China. SeekIn envisions that by leading a new norm for cancer early detection the clinical outcome of mid-/late-stage cancer patients can be reversed and the cancer mortality rate can be reduced by 15%. For more information about SeekIn's cutting-edge technologies and products, visit www.seekincancer.com.
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https://www.mysuncoast.com/prnewswire/2022/05/25/seekin-receives-ce-mark-approval-seekinclarity-cancer-treatment-response-monitoring-kit/
| 2022-05-25T13:14:08Z
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NEW YORK, Aug. 16, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CVX, COST, JNJ, COP, and DG.
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- CVX: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=CVX&prnumber=081620227
- COST: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=COST&prnumber=081620227
- JNJ: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=JNJ&prnumber=081620227
- COP: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=COP&prnumber=081620227
- DG: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=DG&prnumber=081620227
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InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver
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https://www.mysuncoast.com/prnewswire/2022/08/16/thinking-about-trading-options-or-stock-chevron-costco-johnson-amp-johnson-conocophillips-or-dollar-general/
| 2022-08-16T15:09:18Z
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Dr. Michael Roizen, Anna Kaiser, Dr. Bryan Williams, Jenny Bergold, Ashley Kohler and Nikki Miller to headline 2022 Kohler Well-Being Experience
KOHLER, Wis., May 3, 2022 /PRNewswire/ -- Destination Kohler is pleased to announce the return of the one-of-a-kind Kohler Well-Being Experience weekend in late June, presented by Prevea Health, with gifts from lifestyle brand goop. Set against the backdrop of the Midwest's premier luxury resort, guests attending the Kohler Well-Being Experience will have the unique opportunity to explore everything the five-star resort has to offer while gaining a fresh perspective on the world of well-being from influential figures. Dr. Michael Roizen, Anna Kaiser, mindfulness educator Catherine Ekeleme in partnership with goop, and Dr. Bryan Williams join Destination Kohler's own roster of experts from Yoga on the Lake, Bold Cycle, Sports Core, and Kohler Waters Spa for special programming throughout the weekend.
Guests can now purchase tickets and overnight packages for the Kohler Well-Being Experience which kicks off Friday, June 24 and extends throughout the weekend with rejuvenating and inspiring keynote addresses, engaging group workouts and activities from Destination Kohler's wellness businesses.
In addition to the Well-Being Experience, Destination Kohler is hosting a new series of Wellness Immersion Weekends throughout the year. These flexible and tailored weekends offer private Yoga Nidra, guided hikes at River Wildlife, intention setting and journaling, a custom-blend essential oils class, and wellness assessments. Access to a Wellness Concierge is include to help guests customize their itinerary to explore the resort's full range of offerings.
"We're thrilled to welcome local residents and travelers alike to experience wellness in their own way," said Ashley Kohler, Director of Wellness for Kohler Co. "Kohler Hospitality continues to elevate its balanced wellness offerings for guests looking to optimize their well-being. Whether attending the Kohler Well-Being Experience to join a unique community celebrating wellness, or exploring the comprehensive, curated experiences offered with our new Wellness Immersion Weekends; we know guests will enjoy coming together with other like-minded health seekers through these special experiences to discover their way to well."
The three-day wellness extravaganza will include partner-led keynote sessions focusing on breathwork, meditation and athletic fitness by thought leaders including presenting sponsor Prevea Health. "We are honored to partner with Prevea Health for this exciting weekend," shared Ashley Kohler. "Prevea's expertise in health care and leading-edge medical research, and well-being resources will help to further guide our guests in their wellness journeys."
Headlining talent includes:
- Dr. Michael Roizen – American anesthesiologist and internist, award-winning author and chief wellness officer at the Cleveland Clinic.
- Anna Kaiser – Celebrity trainer and fitness entrepreneur. As the founder of AKT, one of the nation's fastest-growing luxury boutique fitness franchise concepts, Kaiser has helped transform thousands of clients' lives.
- Dr. Bryan Williams – Keynote speaker, consultant and author, Dr. Williams is a noted authority on service excellence and leadership effectiveness and is passionate about serving others so they may better serve the world.
- Catherine Ekeleme, in partnership with goop – Catherine is a movement and mindfulness educator passionate about helping people create a greater sense of vitality through conscious connection. A longtime global and intuitive wellness practitioner based in Los Angeles, CA, Catherine specializes in delivering effective and enlivening activations of the mind, body and spirit.
- Jenny Bergold – Bergold started practicing yoga in 1999 and began teaching yoga in 2009. She has a 200-Hour Hatha certification from Heaven Meets Earth Yoga in Evanston, IL,and a 200-Hour Kundalini certification. Her vibrational sound healings classes focus on the mind and meditation, healing the body through asana and sound, and uplifting the spirit through inspiration.
The event's special guest speakers will be joined by local experts from Kohler Hospitality's Kohler Waters Spa, an industry leader in hydrotherapy treatments; Yoga On the Lake, a premier, holistic yoga studio; Bold Cycle, a boutique, community-driven spin studio that motivates cyclists to ride to the next level; and Sports Core Health & Racquet Club, a hub for unique fitness classes and tennis instruction with certified leaders.
Throughout the weekend, guests will have the chance to reconnect and recharge with like-minded members of the wellness community through fun, informative and refreshing experiences, from a hair-braid bar to informative sessions with partners like Skin Authority and Naturopathica, to fun-filled social events like an opening ceremony hosted at Riverbend, Kohler's private estate.
The Kohler Well-Being Experience and Destination Kohler are proud to support Mental Health America, a non-profit organization that promotes mental wellness through education, prevention programming, advocacy, and resource referrals for care and recovery.
The Kohler Well-Being Experience provides full-weekend packages or per-session ticket options such as the Weekend Pass which includes full-access to programming including a Friday evening welcome reception at Riverbend and Saturday evening dinner at Kohler Design Center. The Saturday Day Pass includes access to Saturday's programming and evening dinner at Kohler Design Center; and the Saturday Evening Pass includes access to the evening dinner at Kohler Design Center. Ticket prices start at $115 per person.
Individuals seeking to complement their wellness experience with five-star accommodations and amenities can enjoy the Well-Being Two-Night Package which includes two nights' accommodations, full-access to programming and social events, in-room amenity (valued at $100), and shuttle service throughout the resort. The package options are available to book at the iconic American Club (rates starting at $607 per person and based on double occupancy) or Inn on Woodlake (rates starting at $507 per person and based on double occupancy).
To purchase overnight package tickets please call Central Reservations at 1-800-344-2838. Weekend and individual day passes are available here. Full line-up of talent and programming, here.
Destination Kohler is also pleased to offer a new a series of Wellness Immersion Weekends at the resort on July 8-10, Sept. 9-11, and Oct. 7-9. Guests can experience private Yoga Nidra, guided hikes at River Wildlife, intention setting and journaling, a custom-blend essential oils class, wellness assessment, and will connect with the resort's Wellness Concierge to customize a personal wellness experience so guests can find wellness their own way.
Click here for package pricing and itinerary details.
Destination Kohler plans to host these events with full attendance. We continue to follow the guidance of public health authorities and are currently working on specific guidelines that may be required of attendees. New information and updates will continue to be shared accordingly.
For more information about Destination Kohler's offerings or reservations, please call 800-344-2838 or visit DestinationKohler.com. Stay up to date on resort news and happenings on Facebook, Twitter and Instagram.
Founded in Green Bay, Wis. in 1996, Prevea Health is a health care organization that provides high-quality, primary and specialty health care in 100+ locations across Wisconsin in clinic and hospital settings. It is partnered with six Hospital Sisters Health System (HSHS) hospitals across Wisconsin to provide patients a system of highly coordinated care, close to home: HSHS St. Vincent Hospital and HSHS St. Mary's Hospital Medical Center in Green Bay; HSHS St. Nicholas Hospital in Sheboygan; HSHS St. Clare Memorial Hospital in Oconto Falls; HSHS Sacred Heart Hospital in Eau Claire; and HSHS St. Joseph's Hospital in Chippewa Falls. For more information, visit www.prevea.com.
The Kohler Co. Hospitality & Real Estate profile includes The American Club, which is the only Forbes Five-Star resort hotel in the Midwest and the Three-Star Inn on Woodlake. It has world-renowned golf venues of Whistling Straits and Blackwolf Run. A sister property, The Old Course Hotel, Golf Resort & Spa resides in St. Andrews, Scotland, the birthplace of golf, and is recognized as one of the more luxurious resorts in the world. In 2017, Kohler Co. opened LODGE KOHLER, a AAA Four Diamond property, in the heart of Titletown, in Green Bay, Wisconsin.
Herb Kohler created Kohler Co.'s Hospitality & Real Estate Group with the reclamation of The American Club from an immigrant dormitory and then built championship golf courses, The Straits and The Irish at Whistling Straits and The River and Meadow Valleys at Blackwolf Run, all designed by Pete Dye and all in the top 100 of public courses. Kohler's Whistling Straits hosted the Ryder Cup in September 2021. Kohler Waters Spa is the only Forbes Five-Star spa in Wisconsin. The resort features 500 acres of river and forest, and 12 dining establishments from the Four-Star Immigrant Restaurant to traditional pub fare of The Horse & Plow as well as River Wildlife. Herb Kohler believes the log cabin of River Wildlife has the best country gourmet dining in the United States. The resort is located in the surrounds of the Village of Kohler, Wisconsin, one hour south of Green Bay, one hour north of Milwaukee and two and a half hours north of Chicago on I-43.
LizbethRincon-Moss
Kohler Co.
Lizbeth.Rincon-Moss@Kohler.com
Kaitlyn Kennedy
Agency H5 for Kohler Co.
KohlerH5@AgencyH5.com
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https://www.mysuncoast.com/prnewswire/2022/05/03/destination-kohler-unveils-exclusive-wellness-immersion-weekends-2022-including-return-kohler-well-being-experience-presented-by-prevea-health/
| 2022-05-03T16:46:15Z
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Family and friends remember the life of Denison man who drowned in Lake Texoma
DENISON, Texas (KXII) - Family members of the Denison man who fell off the personal watercraft and drowned in Lake Texoma Tuesday evening are wanting community members to remember who he was and the type of man that he was.
Family members said his smile, his personality, and the good vibes Brashon Keith Waddles brought to others is what his family and friends remember the most and want others to remember about him.
“He just wanted to have fun, he was always the of person that wanted to have fun a lot and go out,” Older Sister to Brashon Alaizah Waddles said.
Waddles said Brashon loved others more than he loved himself.
“He cared for everybody as much as he could, he tried to help everybody as much as he could he was a peacemaker he didn’t like drama he stayed to himself even though everyone knew him he knew everybody,” Waddles said.
Family members and friends said he was somebody they could turn to.
“He was a teacher for me cause like showed me how to do a bunch of cool stuff, stuff I didn’t even know how to do, stuff you wouldn’t even think existed and he just figured it out,” Friend to Brashon Dre Edwards said.
“For me he was like a guidance to me and he would help me along the way and I just appreciate him for that,” Brashon’s cousin Mariah Wilson said.
They said he was the type of person that wouldn’t show his emotions, but instead show a smile.
“He was the type to hide his pain with a smile on his face,” Waddles said.
“His personality and his smile cause he had a nice smile, he was always smiling, that’s one thing about Brashon,” Wilson said.
Waddles said Brashon was offered a life jacket but declined.
“Being on a watercraft like that you are gonna need it regardless,” Waddles said.
Waddles said she knew her brother was popular, but didn’t know just how loved he was until now.
“We are getting a lot of support a lot of people are helping out playing out different stuff , coming together trying to help out in every way that they can,” Waddles said.
A GoFundMe page that was once created for his college expenses, is now being used for his funeral cost.
“I’m gonna miss him man, I really am I just didn’t expect things to happen like nothing like that at all,” Brashon’s Cousin Jalarien Wilson said.
Waddles said Brashon’s birthday is August 14th, and in a few months, on what have been his 20th birthday, they will be doing a balloon release in honor of his memory.
“I just want to say I love him, I just love him to death I wish he could come back but I know he can’t, if I could take his place I wish I could,” Brashon’s Cousin Amarion Mathis said.
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/05/14/family-friends-remember-life-denison-man-who-drowned-lake-texoma/
| 2022-05-14T02:56:53Z
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BOSTON and PARIS, Sept. 7, 2022 /PRNewswire/ -- Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry today announced the formation of the company's Healthcare Advisory Board and the appointment of Seema Verma, the former administrator for Center for Medicare and Medicaid Services (CMS), as a strategic advisor to the company and the inaugural member of the Healthcare Advisory Board. The Shift Healthcare Advisory Board will help the company address the key issues facing the healthcare payor system, and support the continued development of the technology solutions required to solve these complex challenges.
According to the National Health Care Anti-Fraud Association (NHCAA), the impact of healthcare fraud in the United States could be close to $300 billion. When considering other forms of waste and abuse, the total is estimated to be over $1.5 trillion. Through the company's Healthcare Improper Payment Detection solution, Shift is working to mitigate the impact of FWA in both private and public healthcare payor organizations. Shift's AI-native improper payment detection platform leverages advanced data science techniques to allow for the discovery of a significantly higher percentage of FWA, with greater accuracy and efficiency. The platform leverages sophisticated AI and ML healthcare models, built on internal and external data, and a comprehensive health plan data model to spot hidden FWA.
"There is an amazing opportunity to drive significant bottom-line improvement for health plans and we are thrilled to collaborate with one of the best minds in the industry to help us realize our vision," said Salil Punalekar, head of U.S. healthcare, Shift Technology. "Traditional static rule-based decision models are outdated and insufficient to identify the wide scope of improper payments plaguing payors. There is a clear need for comprehensive data driven approaches and technologies to help payors dramatically reduce the impact of FWA on their organizations and their members."
"What Shift brings to the fight against health insurance FWA is truly exceptional and could help the industry save billions of dollars in improper payments," continued Verma, Healthcare Advisory Board member, Shift Technology. "I am proud to share what I have learned throughout my career with this industry pioneer to help make health insurance better for everyone involved in the process."
Verma is a national health policy expert and was the longest serving Centers for Medicare and Medicaid (CMS) Administrator in modern history. At CMS, she oversaw health insurance programs for over 140 million Americans; managed a budget of $1.3 trillion, which represents almost a third of the federal budget; and led over 6,000 employees. Further, she spearheaded the implementation of more than sixteen strategic initiatives aimed at transforming the American health care system to lower costs, improve quality, and increase access. Her leadership of federal government efforts to infuse market competition, empower patients, and unleash innovation – including efforts to require price and quality transparency while ensuring patients have ownership over their portable medical records – produced historic reforms across CSM.
"Seema's belief in the Shift platform, its ability to drive intelligent decisioning throughout payor organizations, and its potential to drive meaningful impact to our customers makes her an ideal member of our advisory board," said Jeremy Jawish, CEO and co-founder, Shift Technology. "That she decided to participate is further validation of our value proposition and the hard work that has gone into building our products."
Shift Technology delivers AI decisioning solutions to benefit the global insurance industry and its customers. Our products enable insurers to automate and optimize decisions from underwriting to claims, resulting in superior customer experiences, increased operational efficiency, and reduced costs. The future of insurance starts with Decisions Made Better. Learn more at www.shift-technology.com.
Contacts:
Rob Morton
Corporate Communications
Shift Technology
+1.617.416.9216
rob.morton@shift-technology.com
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https://www.kxii.com/prnewswire/2022/09/07/seema-verma-joins-shift-technologys-healthcare-advisory-board/
| 2022-09-07T11:54:21Z
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Hyman scores in overtime, Oilers rally to beat Sharks 5-4
EDMONTON, Alberta (AP) — Zach Hyman scored his career-high 27th goal of the season 1:37 into overtime and the Edmonton Oilers rallied to beat the San Jose Sharks 5-4. Ryan McLeod, Kailer Yamamoto, Derek Ryan and Philip Broberg also scored for the Oilers, who tied a franchise record for consecutive home games with a point, going 13-0-1 in their last 14 contests at Rogers Place. Edmonton has also won six of its last seven overall. Noah Gregor had two goals, and Scott Reedy and Nick Bonino also scored for the Sharks, who have lost two in a row as they wind down a season in which they missed the playoffs.
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https://localnews8.com/news/2022/04/28/hyman-scores-in-overtime-oilers-rally-to-beat-sharks-5-4/
| 2022-04-29T05:25:39Z
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Gladstone scientists uncover novel aspects of HIV infection by monitoring sugars at the surface of individual immune cells
SAN FRANCISCO, July 5, 2022 /PRNewswire/ -- HIV researchers have long been trying to identify the specific cells that the virus prefers to infect and hide in. They know that HIV favors a special type of immune cells called memory CD4 T cells. But these cells come in many flavors, and it has been difficult to ascertain exactly what makes one type of memory CD4 T cell more attractive to HIV than another.
For years, Gladstone Associate Investigator Nadia Roan, PhD, and her team have tackled this question by analyzing CD4 T cells based on the collection of proteins they bear on their surface. Recently, they set their sight on another type of molecule at the cell's surface: sugars.
Roan teamed up with Mohamed Abdel-Mohsen, PhD, an associate professor at The Wistar Institute and a specialist in the cellular machinery that synthesizes sugars. Together, the scientists uncovered surprisingly different sugar patterns on different immune cells, and an intriguing interplay between HIV and the sugars coating CD4 T cells. They report their findings in the journal eLife.
"One of the most striking findings from our study is that the amount of a single type of surface sugar can distinguish between memory CD4 T cells with vastly different biological features and susceptibility to HIV infection," says Roan, who is also an associate professor of urology at UC San Francisco and the study's co-senior author.
The work also showcases a new technique for studying individual cells from large populations that could lead to a more detailed picture of cellular diversity.
"There is a tremendous diversity of cell-surface sugars," says Abdel-Mohsen, co-senior author of the study. "But they have been understudied, in part because they are harder to track than proteins. By sorting large populations of cells based on both their sugar and protein profiles, we may uncover new classes of cells that have eluded earlier studies and could hold the key to solving important biological problems."
The researchers studied various chains of simple sugar molecules. The chains differ in length, branching patterns, and the type of sugars they contain, and are known to affect a number of cell properties.
"We wondered to what extent cell-surface sugars might help us tell apart different types of cells within a population of immune cells," says Tongcui Ma, PhD, the study's first author and a scientist at Gladstone.
To answer this question, Roan's team adapted a technique called CyTOF, which they previously used to study the protein profile of individual immune cells. CyTOF relies on antibodies to identify specific proteins, and can record the presence, absence, and amount of nearly 40 different proteins at once. In this study, the team replaced five of the CyTOF antibodies with five different lectins, molecules that can recognize various types of sugars.
"We don't have as many lectins as we have antibodies," says Abdel-Mohsen. "But we know of several lectins that can distinguish between a variety of sugars with different shapes and molecular compositions, and we plan to expand our work by using new lectins in the future."
With the modified CyTOF, which they named CyTOF-Lec, the scientists analyzed immune cells from the blood and tissues of human donors. They found that the pattern of sugars differed depending on where the cells came from—blood versus tonsil versus the reproductive tract—and what type of immune cells they were—CD4 T cells versus other T cells versus antibody-producing B cells.
"We now have a good toolkit to analyze in great detail the combination of proteins and sugars present on single cells," says Roan. "And since all cells in the body carry sugars at their surface, we believe CyTOF-Lec will be useful for the broader biomedical research field."
Encouraged by this finding, the scientists next applied CyTOF-Lec to CD4 T cells that they had first exposed to HIV in the lab. Not all CD4 T cells become infected by HIV, and Roan's team and others over the years have uncovered some protein patterns that help identify the most susceptible cells.
The scientists also know that after entering a cell, HIV changes the proteins that the cell puts on its surface—a phenomenon called viral remodeling. Roan's team has developed a bioinformatics tool called PP-SLIDE to reconstruct the profile of a cell before it became infected and remodeled by HIV.
By combining CyTOF-Lec with PP-SLIDE, the team made two important discoveries.
First, HIV appeared to preferably infect the memory CD4 T cells with the largest amounts of two types of sugars on their surface: fucose and sialic acid. Further experiments confirmed that one of these sugars, sialic acid, is indeed required for HIV to efficiently infect CD4 T cells.
Second, HIV further boosted the production of these two sugars in the cells it had infected, indicating that remodeling is not limited to proteins, but extends to sugars as well.
"It is intriguing that there seem to be multiple mechanisms to ensure high levels of sialic acid on infected cells: HIV's bias toward cells with a lot of sialic acid, and its ability to further increase surface sialic acid amounts," says Roan. "This may help HIV-infected cells survive, since sialic acid is associated with evasion from immune surveillance."
By escaping immune surveillance, these stealth infected cells may allow HIV to quickly take hold and spread to more sites in the body. They might also represent good therapeutic targets.
HIV also hides from immune defenses by settling inside some cells in a mostly silent form. These silent, or "latently," infected cells are difficult to eradicate because it has so far been impossible to distinguish them unambiguously from non-infected cells. Roan's team now plans to apply CyTOF-Lec to samples from people living with HIV, in which these cells persist even in the presence of antiretroviral therapy.
"In doing so, we might discover sugar-based biomarkers that could be used to target and eliminate these latently infected cells," says Roan.
Of course, these tantalizing hypotheses will need to be tested with more experiments. But the findings so far establish CyTOF-Lec as a promising new tool to uncover new cell biology, including the role of sugars in infection by viruses other than HIV, such as SARS-CoV-2 and influenza.
The study, "CyTOF-Lec: Single-cell Glycomics Analysis Reveals Glycan Features Defining Cells Differentially Susceptible to HIV," was published in eLife on July 5, 2022.
Other authors include Matthew McGregor, Guorui Xie, and Ashley F. George of Gladstone; and Leila B. Giron of The Wistar Institute.
This work was supported by the National Institutes of Health (R01AI127219, R01AI147777, P01AI131374, UM1 AI164559, UM1 AI164567, R01DK123733, R01AG062383, R01NS117458, R21AI143385, and S10-RR028962), the Centers for AIDS Research (P30AI027763), and the James B. Pendleton Charitable Trust.
To ensure our work does the greatest good, Gladstone Institutes focuses on conditions with profound medical, economic, and social impact—unsolved diseases. Gladstone is an independent, nonprofit life science research organization that uses visionary science and technology to overcome disease. It has an academic affiliation with the University of California, San Francisco.
Media Contact: Julie Langelier | Associate Director, Communications | julie.langelier@gladstone.org | 415.734.5000
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https://www.wibw.com/prnewswire/2022/07/05/finding-hivs-sweet-spot/
| 2022-07-05T20:45:55Z
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PALM BEACH GARDENS, Fla., Sept. 6, 2022 /PRNewswire/ -- Bentek, the leading benefits administration and enrollment solution for the public sector and complex employer, is excited to announce the internal promotion of Julie Fink to lead the continued excellence of the Company as its President.
As President, Julie will lead business and product strategy, roadmap, and execution for the continued evolution of the client-inspired Bentek platform; as well as continue to oversee the operational excellence that has been synonymous with Bentek's reputation as a leader in benefits administration.
Julie has more than 20 years of experience delivering human resources and benefits technology solutions for public sector and complex employers. Since joining Bentek in 2005, Julie has been instrumental in the evolution of the Bentek application including the vision and development of industry leading capabilities including Benchek, Adminsights, and RetireSweet.
An avid runner, Julie has been involved with the Girls on the Run program as a mentor and coach and has a passion for animals, rescuing and rehoming any animals that cross her path. "Her empathy, humility, ability to build consensus, and appreciation and respect for each and every employee and client made her the perfect choice to lead the next phase of growth," said Kurt Gehring, Bentek's outgoing President.
Bentek is the trusted all-inclusive benefits administration and enrollment solution for government entities and large complex employers. Bentek's audit tools keep data clean ensuring savings, and its self-bill tool saves invaluable time. Bentek believes that every client should have a voice and accordingly all clients contribute to shaping the development roadmap and new application features including client responsive functionality Adminsights, Wellness Hub, and RetireSweet – all included within the core Bentek application. Bentek's proven implementation methodology has resulted in 100% implementation success. Visit mybentek.com to learn more.
Contact:
Danielle Shull
Director of Client Experience
Bentek
Danielle.shull@mybentek.com
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https://www.mysuncoast.com/prnewswire/2022/09/06/leading-technology-company-bentek-promotes-julie-fink-president/
| 2022-09-06T14:38:16Z
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Graphic Novel Series Incorporates Fun & Facts for Young Readers
ATLANTA, May 31, 2022 /PRNewswire/ -- Dinosaurs may be extinct, but our fascination with the prehistoric giants only increases with each new fossil uncovered. This summer promises to be a busy season for dino fans, from traveling exhibits to blockbuster movies. The award-winning publisher, Gallopade, and children's author Carole Marsh wants to ensure that kids carry that excitement into their summer reading, and that's where a pint-sized paleontologist with a familiar-sounding name makes his debut.
The name is Bone – James Bone; 007-years-old and licensed to dig! Marsh's newest series, a delightful spoof created for kids with an appetite for prehistoric puns, fun, and facts, invites readers to join James on epic hunts to find fossils for show-and-tell. While readers are immersed in the captivating illustrations by artist Lee Barrow, parents will enjoy that the series incorporates history, vocabulary, and science to educate, entertain, and help maintain reading levels during the summer months.
Each book follows James, his friends, and his dog Diggy as they tackle a 'big dig gig' at well-known archaeological sites. Like every good mission, there are villains bent on thwarting James at every turn, ensuring a mad dash packed with humor, daring chases, and nail-biting action! The young explorers uncover more than just fossils along the way, they discover the tools necessary to overcome any problem. The series teaches that every challenge can be solved with perseverance, persistence, and creative problem-solving.
Graphic novels are proven to help children get excited about reading and can be crucial to reading retention while improving confidence. Diane Donovan, senior reviewer for Midwest Book Reviews states, "Even youngsters who normally eschew nonfiction facts and most picture book stories will find the format and drama-laced adventure especially appealing." James Bone will keep dinosaur fans engaged as they binge the books, cover to cover.
Gallopade will add to all the dinosaur fun with a challenge for young readers. Starting in June, those who purchase and read the first four books will have a chance to win an explorer kit and more books from the series. The first books are currently available at https://tinyurl.com/bigdiggigreading. Follow Gallopade on social media for more information about contests as well as information and ideas to keep kids engaged in learning, all year long!
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SOURCE Gallopade International
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https://www.mysuncoast.com/prnewswire/2022/05/31/get-excited-its-summer-dinosaurs/
| 2022-06-01T00:11:34Z
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Man gets 20 years for breaking into homes to sexually assault victims, including children
TULSA, Okla. (Gray News) – A man in Oklahoma has been sentenced to 20 years in federal prison for breaking into multiple homes and sexually assaulting multiple victims, including children. He also was convicted of soliciting child pornography while in jail.
Jesse Thomas Moore, 20, was sentenced Wednesday to 20 years in federal prison followed by 10 years of supervised release, the U.S. Attorney’s Office for the Northern District of Oklahoma announced.
According to the Tulsa Police Department, Moore admitted that between May 2020 and December 2020, he broke into multiple homes and sexually assaulted multiple victims, including children.
Court documents say that in May 2020, Moore broke into a home and entered a bedroom where a child was sleeping and attempted to get the child to engage in sex acts with him while touching himself. He tried to coax the child into the bathroom but eventually left.
In November 2020, Moore broke into another home with what court documents say was the intent to commit sex acts with a child. However, the child screamed when he saw Moore, and Moore fled the home.
In that incident, the boy’s mother told police she had previously seen Moore in her backyard and peeking in her windows multiple times starting the month prior.
In December 2020, Moore broke into a third home where he found a woman and a man sleeping in a bedroom. Court documents say he began touching the woman, causing her to wake up, and then threatened to kill her if she spoke. He forced the woman into the living room, where he attempted to rape her. However, as Moore covered the victim’s mouth with his hand, she bit him, which caused him to let go and flee the scene.
While in custody awaiting trial for charges related to those crimes, Moore began accessing a program called JailATM on a kiosk or portable smart pad to video chat and message with a 16-year-old girl, who he referred to as his girlfriend.
During these conversations, Moore pressured the girl for explicit videos and photos. Tulsa police said while the JailATM system rejected most of the explicit content, Moore was able to receive at least one explicit video from the girl.
Moore also admitted to the solicitation of child pornography, Tulsa police said.
Moore pleaded guilty to multiple charges, including:
- Lewd acts with a child under 16
- Three counts of first-degree burglary
- Attempted sexual abuse by threat
- Coercion and enticement of a minor
- Attempted production of child pornography
- Attempted receipt of child pornography
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/07/07/man-gets-20-years-breaking-into-homes-sexually-assault-victims-including-children/
| 2022-07-07T21:44:23Z
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Caught on video: Father with baby pushes away man with gun
DETROIT (WXYZ) - Shocking surveillance video shows a father trying to protect himself and hiss 7-month old baby from a man with a gun.
That baby is safe, and police have taken a person of interest into custody.
A clerk said the man came running in with a baby in his arms, and he was trying to hide.
“It’s just upsetting. It’s difficult to watch. I mean, it’s just no regard for human life or for the life of a child,” Detroit Police 2nd Precinct Commander Michael Chambers said.
The gun jamming or somehow malfunctioning is what may have saved the father’s life and that of his baby when Detroit Police say this man tried to open fire on them inside a Valero gas station early Sunday evening, Father’s Day.
“The father quickly, once he observed it, lifted his arm up and fortunately pushed the gun away. He was able to get him outside of the gas station and lock the door,” Chambers said.
Police said what the gunman did is a felonious assault, and they released this surveillance video in hopes that someone seeing it could help identify the would-be shooter. He is seen approaching the gas station in his white tank top, tan bucket hat and long khaki shorts. What you don’t see until he’s opening the door of the gas station is the gun he had tucked in his pants. Police said he’s after the man holding the baby who the clerk says had just run inside to hide.
“Yeah, he runs to hide in the gas station, but he followed him,” gas station clerk Adam Albarmaki said.
The dad manages to push the gun away. Thankfully he and his baby were not shot.
“We are asking that the public if they are able to or they know this individual to call 1 800 Speak up,” Chambers said.
Monday afternoon, just a few blocks away, police took a person of interest into custody and then obtained a search warrant to look for the gun involved. As for a motive, police said the men had just had some sort of dispute.
“About a block away from this location there at Tyerman and Humble. He had accounted this individual, appears they had some type of argument unknown at this time. We still are early in the investigation and trying to work backwards,” Chambers said.
Before running into the gas station, the man with the baby sustained some sort of injury to his arm, possibly stabbed or cut.
“It’s definitely upsetting and disturbing watch that when you look at that video, especially on Father’s Day,” Chambers said.
Copyright 2022 WXYZ via CNN Newsource. All rights reserved.
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https://www.mysuncoast.com/2022/06/21/caught-video-father-with-baby-pushes-away-man-with-gun/
| 2022-06-21T10:10:46Z
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NEW YORK, June 15, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Arqit Quantum Inc. f/k/a Centricus Acquisition Corp..
Shareholders who purchased shares of ARQQ during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/arqit-quantum-inc-f-k-a-centricus-acquisition-corp-loss-submission-form/?id=28538&from=4
CLASS PERIOD: This lawsuit is on behalf of: (i) all persons or entities who purchased or otherwise acquired Arqit securities between September 7, 2021 and April 18, 2022, inclusive; and/or (ii) all holders of Centricus securities as of the record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the merger between Arqit and Centricus (the "Merger") and entitled to vote on the Merger.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Arqit's proposed encryption technology would require widespread adoption of new protocols and standards for telecommunications; (2) British cybersecurity officials questioned the viability of Arqit's proposed encryption technology in a meeting in 2020; (3) the British government was not an Arqit customer but, rather, providing grants to Arqit; (4) Arqit had little more than an early-stage prototype of its encryption system at the time of the Merger; and (5) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: July 5, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/arqit-quantum-inc-f-k-a-centricus-acquisition-corp-loss-submission-form/?id=28538&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of ARQQ during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 5, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
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https://www.kxii.com/prnewswire/2022/06/15/shareholder-alert-gross-law-firm-notifies-shareholders-arqit-quantum-inc-fka-centricus-acquisition-corp-class-action-lawsuit-lead-plaintiff-deadline-july-5-2022-nasdaq-arqq/
| 2022-06-15T10:07:11Z
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BROOKFIELD, Wis., Sept. 15, 2022 /PRNewswire/ -- Global talent acquisition partner Cielo has earned top honors again on the 2022 HRO Today's RPO Baker's Dozen Customer Satisfaction Ratings. The announcement is a testament to Cielo's innovative, sector-led thinking and customer-centric delivery approach. Cielo is in the overall top two RPO providers, at the top of the list for Breadth of Service, and – for the ninth consecutive year – the No. 1 healthcare RPO partner.
"What an accomplishment for Cielo. To again be recognized as a leader in Recruitment Process Outsourcing (RPO) by our industry and client partners. To be seen as the most awarded RPO provider in the industry. As we work to deliver a better talent experience for all, RPO remains a core service that allows us to deliver transformational results for our partners," says Marissa Geist, Cielo's CEO.
In the last 10 years, Cielo has been the No. 1 global RPO provider four times and one of the top three global RPO providers nine times. Cielo has also been No. 1 in healthcare since 2014.
"Cielo sets the pace in RPO, especially in the healthcare sector. As one of the core sectors where we bring our unmatched industry expertise, we're dedicated to partnering with leading health systems and hospitals to find and keep the talent they need to consistently provide quality, compassionate patient care," says Staci Roberts, Cielo's Chief Growth Officer. "It's an honor to work with leading healthcare providers and other talent-driven industries to unlock their people challenges with our custom services."
Cielo knows each industry and business has unique demands and dynamics. It is known for blending its robust service offerings to create client-specific solutions, from employer branding; executive search; technology consulting; and diversity, equity and inclusion strategies.
"Cielo continues to be one of the most dominant players in the RPO industry with a record of extraordinary service, impactful solutions, innovative technology, and an ability to undertake very large complex programs," says Elliot Clark, CEO of HRO Today. "Cielo leads the industry in Breadth of Service as well as their ongoing leadership as the top provider for healthcare. They continue to be one of the most high-performing strategic RPO partners."
This latest recognition reinforces Cielo's reputation for pioneering practices and creating flexible solutions for its clients. Cielo has also been named a Leader on Everest Group's 2021 RPO PEAK Matrix® for 10 consecutive years, and a Leader in analyst NelsonHall's NEAT RPO vendor evaluation for seven years in a row.
Geist concludes: "We have better experience, experts and technology than any other global TA partner. And we cherish illuminating talent for our trusted partners, wherever it's found."
HRO Today's Baker's Dozen rankings are based solely on feedback from buyers of the rated services; the ratings are not based on the opinion of the HRO Today staff. We collect feedback annually through an online survey. In order to determine an overall ranking, we analyze results across three subcategories: service breadth, deal sizes and quality. Using a predetermined algorithm that weighs questions and categories based on importance, we calculate scores in all three subcategories as well as an overall score. The rankings are based on those scores. While we do not claim that our methodology is the only viable ratings program available, we do vouch for its statistical validity.
Cielo is the world's leading Talent Acquisition Partner. We deliver a better talent experience for everyone through Recruitment Process Outsourcing, Executive Search, Contingent Workforce Solutions and Consulting services. With our fresh approach – we design and build comprehensive, proven solutions inspired by technology to find and keep the unique talent that elevates our clients above the competition. Learn more at cielotalent.com.
Annamarie Andrews, Vice President, Marketing
annamarie.andrews@cielotalent.com
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https://www.wibw.com/prnewswire/2022/09/15/cielo-no-1-healthcare-overall-top-2-hro-todays-rpo-bakers-dozen/
| 2022-09-15T13:48:19Z
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ORLANDO, Fla., May 13, 2022 /PRNewswire/ -- Don't wait to enter Florida Realtors® annual Environmental Award program, or you may be green with ENVY when the winner is chosen. Popularly known as the "ENVY" award, the honor goes to a development that best preserves Florida's natural quality of life.
The award may be given in two categories: one for residential development and one for commercial development.
The most recent winner, Summit East Technology Park, a 117-acre commercial development in Tallahassee, was honored with Florida Realtors' 24th ENVY Award. Designed in harmony with Florida's natural resources, the project was recognized for demonstrating green building practices.
Summit East Technology Park is located at the crossroads of Highway 90 and Interstate 10, two major traffic corridors in eastern Leon County, Fla. The project's founder, Rick Kearney, was committed to building an ecologically friendly and "green" community, but he also wanted to create a place where businesses could utilize the latest advances in technology, according to Summit officials.
Judges praised the development as a "comprehensive, green development that exemplifies the benefit of establishing an environmentally conscious framework within the planning and design stages of a project."
Some of the other environmentally concerned developments named as past ENVY Award winners include: Oakland Park, Baldwin Park, Verandah, Lakewood Ranch, Wild Heron, Harmony, World Golf Village, Solivita, Amelia Island Plantation and Viera.
The winner in each category will receive a distinctive Lucite trophy, recognition at Florida Realtors annual Convention and Trade Expo from Aug. 24-25, 2022, and statewide news coverage as Florida's top environmentally conscious builder. A panel of distinguished environmental and planning professionals judges the competition. The entry deadline is Wednesday, July 6, 2022.
ELIGIBILITY: All Florida commercial developments are eligible. Also, all planned residential developments with a minimum of 30 residential units in Florida qualify. Residential developments must be currently available for marketing and must include a model home.
JUDGING CRITERIA: For each criteria category, applicants should explain how the project goes above and beyond current environmental preservation and/or building code minimum requirements. Please include photos, site plans and other documents that illustrate your points to the judges. Provide narrative that clearly demonstrates and explains the development's environmental features, environmental or preservation activities, and design aspects to help the judges better review your project. Explain what makes your project stand out from the rest – what are you the most proud of? Why should your development receive Florida Realtors ENVY Award? These are the things judges want to know.
Commercial: (1) Preservation of natural flora and fauna; (2) Architectural compatibility; (3) Design in scale and context with surrounding environment; (4) Open space and access/usability of surrounding environment; (5) Common area access and usefulness; (6) Streets, pedestrian and bicycle access; (7) Drainage as a design feature; (8) Marketability; and (9) Tell us what makes your project stand out from the rest – what are you the most proud of?
Residential: (1) Preservation of natural flora and fauna; a) Highlight any restoration areas or efforts; b) Include any corridors/buffer zones; c) Highlight wetlands areas; (2) Landscaping/compatibility with surrounding environment; (3) Design in scale and context with surrounding environment; a) Highlight and explain any specific "green" standards and/or certification standards endorsed by the project – such as standards from the Florida Green Building Coalition, LEED-ND (Leadership in Energy and Environmental Design-Neighborhood Development) standards or National Home Builders green building standards; (4) Open space and access/usability of open space; a) Highlight green space and unusual features; (5) Family recreation and common areas; a) Highlight special areas; (6) Streets and safety features; (7) Drainage and stormwater design features; a) Highlight any unique stormwater plans; (8) Marketability; and (9) Tell us what makes your project stand out from the rest – what are you the most proud of?
SUBMISSION: There is no entry limit and no cost to enter. Please email the necessary documentation either as a PDF or send a flash drive or mail it in a 3-ring binder. The entry should include the following material in this order: (1) An overview of the development (maximum of four pages, typed, double spaced – remember it can be scanned and sent as a PDF file); (2) Supporting material and photographs that address the judging criteria in the order listed above; and (3) Any other supporting data, including development plans if warranted – but plans are not required. Upon request, entry materials may be returned after judging.
DEADLINE: All entries must be received at Florida Realtors' headquarters by Wednesday, July 6, 2022. Please send entries as PDFs, marked 2022 ENVY Award, to marlam@floridarealtors.org. Or send submissions as a flash drive via regular mail to ENVY Award, Florida Realtors, 7025 Augusta National Drive, Orlando, FL 32822-5017.
For more information about the ENVY award, call 407-438-1400, ext. 2326.
Florida Realtors® serves as the voice for real estate in Florida. It provides programs, services, continuing education, research and legislative representation to its 225,000 members in 51 boards/associations. Florida Realtors® Newsroom website is available at http://floridarealtors.org/newsroom.
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SOURCE Florida Realtors
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https://www.mysuncoast.com/prnewswire/2022/05/13/enter-win-florida-realtors-environmental-envy-award/
| 2022-05-13T16:34:52Z
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ANCHORAGE, Alaska (AP) — A pack of sled dogs belonging to an Iditarod veteran and reality TV star killed a family pet in Alaska, officials said.
Authorities in Wasilla are investigating the March 30 incident involving dogs owned by musher Jessie Holmes, who finished third in year’s Iditarod Trail Sled Dog Race and stars in “Life Below Zero: Alaska” on the National Geographic channel.
Holmes, who lives in rural Alaska, was staying with his dog team at a Wasilla hotel that backs up to the adjacent homeowner’s yard. He let the dogs loose to relieve themselves when they attacked a pet dog named Lucky, who was attached to a lead in the yard.
When Lucky’s owner, Liza McCafferty, came outside to retrieve the 8-year-old Havanese, she saw a black dog dart from under her deck. It was part of a pack that suddenly appeared in her yard, she told the Anchorage Daily News.
She said the pack looked like it might attack her too, so she retreated. Then Holmes came down the hill to retrieve his sled dogs before returning to the home.
“He came in and was very, very apologetic,” McCafferty said. “He was on the verge of crying.”
Lucky was taken to a veterinary clinic but was dead.
“It was just a really terrible accident due to my negligence,” Holmes said.
Holmes said he has stayed at the hotel more than a dozen times and never had a problem letting his dogs loose to relieve themselves. He suspects two new dogs he had ventured off toward McCafferty’s yard, and the rest of the pack followed.
“There’s no way to not be distraught about this,” Holmes said. He said he’s fully accountable for this and wants to make things right.
Holmes said a Wasilla municipal official told him he would receive 10 loose dog citations and possibly another for animal cruelty, which could affect his mushing career.
Wasilla Mayor Glenda Ledford said in a statement that he incident was under investigation.
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https://cw33.com/entertainment-news/ap-entertainment/dogs-owned-by-iditarod-vet-reality-tv-star-kill-family-pet/
| 2022-04-14T19:45:15Z
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Steve Ford brings extensive experience in hemostatic agents to the company now disrupting that market with its highly effective, cost-saving, innovative platform
RIVERDALE, Md., Sept. 15, 2022 /PRNewswire/ -- Medcura Inc. welcomes Steve Ford, its new Senior Vice President of Marketing and Business Development, whose two-plus decades of experience leading and contributing to over 75 product development teams, and launching more than 100 medical devices globally, helps position the commercial-stage life science and medical device company for broad market adoption and rapid platform expansion.
The proprietary technology invented by Medcura is the platform for a variety of first-of-their-kind products that quickly stops bleeding in surgery, trauma centers, on the battlefield and at-home. Those products include surgical gels, foams, powders and putties such as LifeGel™ Absorbable Surgical Hemostat, LifeFoam™—recently cited in research as having "significant potential" to save lives in military combat settings—and at-home consumer products such as the antibacterial wound gel Rapid-Seal™ available at major retailers.
After consulting with Medcura for over four years, Ford brings to his new full-time role his 25 years of experience in the biosurgicals and bleeding management industry, having launched and managed 70 percent of the hemostat brands in the U.S. and directing the global marketing for several successful companies in the field.
"Bleeding is the number one cause of death in trauma incidents and military combat settings. In surgery, uncontrolled bleeding can lead to increased cost, operative time, blood transfusions and infection. Development of new and improved hemostatic agents is helping to save lives and improve critical surgeries, that's why I love working in this field," Ford said. "Medcura has invented the most disruptive technology platform to hit the market in the last twenty years—the ability to handle a moderate bleed at half the cost of traditional thrombin-based hemostatic agents, ready-to-use with no preparation needed for surgeons when every second counts, and already producing promising research results. I'm thrilled to join the Medcura team and bring their life-changing and saving products to the global market."
Ford previously served at Baxter International Inc. in various roles including Global Director of Marketing for Hemostasis and OrthoBiologics, and Senior Director for both BioSurgery Strategy and Innovation and BioScience Device Development. He served as Worldwide Marketing Director of General Surgery at Ethicon, Inc., a division of Johnson & Johnson, and most recently as Vice President of Marketing at Biom'up USA, Inc., where he co-led the successful launch of their surgical hemostat.
"Steve's unparalleled experience in the fields of biosurgicals and surgical hemostats gives Medcura an advantageous position when combined with our unique platforms that we aim to place in the toolkit of every surgeon, military and civilian alike," said Medcura CEO Jim Buck. "We've built a team that combines the greatest advanced hemostasis scientists with an experienced biosurgicals executive management team together striving to significantly improve the future of surgical bleeding management."
Medcura's product line is based on a proprietary matrix of fatty acids and polysaccharides found in the natural environment. These inert, non-toxic, and self-assembling biopolymers have been well characterized in scientific literature and cleared by the FDA for several impactful applications. Unlike the expensive-to-manufacture enzyme thrombin, commonly used in blood clotting products, Medcura products' active components are both low-cost and sustainable.
Medcura is a commercial-stage medical device company developing versatile hemostatic products for surgical, medical, and consumer applications. The Company combines the use of safe, inert ingredients with proprietary chemistry across a broad spectrum of clinical applications, with our Breakthrough Device, Life Foam™, now leading the expansion into internal and surgical procedures. Learn more about Medcura's growing product line at www.medcurainc.com.
Media Contact:
Nisha Patel
npatel@inspire-agency.com
864-384-2403
Inspire Agency on behalf of Medcura, Inc.
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SOURCE Medcura, Inc.
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https://www.kxii.com/prnewswire/2022/09/15/new-medcura-svp-positions-lifegel-surgical-hemostat-market-leadership/
| 2022-09-15T22:33:17Z
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MELVILLE, N.Y., Aug. 31, 2022 /PRNewswire/ -- Micross Components, Inc. ("Micross"), a leading global provider of mission-critical microelectronic components and services for high-reliability aerospace, defense, space, medical, and industrial applications, is pleased to announce global availability of the new high-performance, low-cost, low-noise LS844 JFET from Linear Systems. As an authorized global distributor for Linear Systems, Micross is excited to provide the latest evolution of this classic dual JFET first introduced by Linear Systems more than 20 years ago, with immediate large-scale availability and large-volume pricing. The company has refined the part's design and fabrication processes to improve its low noise, matching and Common Mode Rejection Ratio qualities, while retaining the linearity and other characteristics sought by audio and other circuit designers.
The LS844 is a low-noise Junction Field Effect Transistor (JFET) ideal for precision, high-end audio, sensor and discrete operational amplifier applications. It features a unique design construction of interleaving both JFETs on the same piece of silicon to provide excellent matching and thermal tracking, as well as a low-noise profile having nearly zero popcorn noise and lower intermodulation distortion.
The LS844, Low Noise, Monolithic Dual, N-Channel JFET provides designers with a better-performing solution for obtaining tighter IDSS matching and better thermal tracking than using individual JFETs or non-monolithic dual JFETs. The part is an ideal combination of high transconductance, low noise (2.5nV/√Hz typical at f = 1kHz) and very low input capacitance (3pF typical CISS). Sometimes it is necessary to cascode a JFET in order to achieve higher bandwidth by eliminating the Miller effect multiplication of the gate-drain capacitance, even in cases where Crss is already low as with the LS844.
Applications for the LS844 include wideband differential amplifiers, high CMMR front ends, temperature compensated single ended input amps, tight tracking current sources, low jitter high speed comparators, impedance converters, acoustic sensors, piezo-based sensors, sensitive charge amplifiers, and much more.
"Through our long standing partnership with Micross Components, we are excited to provide circuit designers with this next generation dual JFET technology, offering lower noise with improved matching and common mode rejection ratio qualities, while retaining the linearity and other characteristics sought by audio and other circuit designers", Paul Norton, Director of Customer and Distributor Engagement at Linear Integrated Systems.
"Linear Systems next generation dual JFET technology further reinforces our expansive best-in-class portfolio of high-performance electronic solutions, enabling designers' greater optimization of their devices," said Mark Zack, Micross Components' Sr. Vice President of Die & Wafer Services. "We are excited to offer the new LS844 Series Dual JFET globally, with immediate large-scale availability".
Related Link: https://www.micross.com/LS844
For questions regarding article development, please contact:
Chris Stabile, Director of Corporate Marketing Communications
Micross Components
chris.stabile@micross.com
Micross is the most complete provider of advanced microelectronic services and component, die and wafer solutions. With the broadest authorized access to die & wafer suppliers, and the most comprehensive advanced packaging, assembly, modification and test capabilities, Micross is uniquely positioned to provide unparalleled high-reliability solutions from bare die, to fully packaged devices, to complete program lifecycle sustainment. For more than 40 years, Micross has been a trusted source for the aerospace, defense, space, medical, energy, communications, and industrial markets.
For more information about Micross, please visit www.micross.com.
Follow us on Twitter or LinkedIn.
Linear Integrated Systems, Inc. is a U.S.-based, full service manufacturer of specialty linear products, founded in 1987 with headquarters in Fremont, California. The company's small-signal discrete product lines are specifically designed to service the new design and second-source requirements of customers in the audio, hybrid, medical, space, test and measurement markets. Linear Integrated Systems has more than 35 years of design and process expertise in JFET and transistor manufacturing. The company's founder, Dr. John Hall, has an established track record of leadership within various segments of the semiconductor industry, including the founding of Intersil and Micro Power Systems, development of the first 1 Volt CMOS digital watch and numerous related semiconductor patents. Linear Integrated Systems supplies pin for pin replacements for more than 2,000 discrete devices currently offered or discontinued by Interfet, Intersil, Micro Power Systems, Motorola, National, Fairchild, Toshiba, and Siliconix-Vishay. www.linearsystems.com
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https://www.mysuncoast.com/prnewswire/2022/08/31/micross-announces-global-availability-linear-systems-new-low-cost-low-noise-ls844-series-dual-jfet-high-performance-applications/
| 2022-08-31T14:07:09Z
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Releases New Data on Employer Expectations and Provider Wins
CHARLOTTE, N.C., Aug. 29, 2022 /PRNewswire/ -- Forty-one percent of human resource (HR) leaders who are considering leaving their current professional employer organization (PEO) provider will do so because they need a broader HR tech platform, followed by having "outgrown" their current provider (26 percent) according to a recent survey of over 500 HR leaders conducted by isolved. Finding competitive advantage in the market is a key reason why more and more companies are choosing isolved People Cloud™ and human resource outsourcers (HRO) are choosing the isolved Network – investing in a scalable and secure product suite and partner. Today, the isolved Network serves more than 2 million employees and nearly 80,000 employers across both administrative services organization (ASO) and PEO segments.
As companies seek more comprehensive solutions, isolved is experiencing double-digit growth across the number of employees and employers served, correlated to impressive ASO and PEO win rates. In fact, a survey of isolved Network Partners in both the ASO and PEO market segments found that nearly 60 percent of respondents win 10 percent more deals on average than they did before isolved. Further, nearly a quarter (24 percent) indicate they win 20 percent more often than they did without isolved.
"isolved is experiencing a period of hyper growth in sales and service, strategic growth that is helping fund significant software and security investments," said Todd La Fever, Chief Operating Officer of isolved. "Our continuous investments in PEO capabilities, scalability and security means companies don't outgrow isolved like we're seeing elsewhere in the market.
"Providers can be confident that the capabilities isolved provides for their businesses will mitigate the risk associated with costly and disruptive technology upgrades prevalent with many vendors in the industry today. With isolved, providers have a long-term partner and product that will grow with their business."
Chris Connell, President of isolved Network added, "The PEO industry requires a broader set of capabilities and isolved's aggressive investment in its platform, people and processes are proof points of our commitment to being the partner of choice in the industry. Whether it is cybersecurity, the ability to span both PEO and ASO segments based on the needs of employers or delivering a comprehensive set of HCM capabilities, PEO providers require a committed partner who will consistently deliver on their needs."
isolved's recent investment highlights include:
- Significant research and development investment
- Accelerated roadmap development, delivering increased functionality on a quarterly basis to HRO providers
- Expanded course content within the isolved University to include a specific isolved People Cloud for PEO curriculum, enabling providers and their customers to take full advantage of isolved solutions
- Aggressive investment in cybersecurity capabilities to safeguard provider and customer data and maintain high levels of availability as well as continual best-practice sharing with providers
- Expanded PEO and product management teams with top industry talent from both operational and product disciplines
- Dedicated expertise on platform capabilities, training, implementation and migration
- Continued expansion of the full suite of integrated human capital management (HCM) capabilities spanning Talent Acquisition, HR & Payroll, Workforce Management and Talent Management – reducing dependency on third-party providers
- Robust support services for providers across technical support, solution consulting and demonstration support as well as agency-level marketing support to drive sales success through isolved Network
- Establishment of a PEO Product Advisory Group to actively engage leading providers to solicit both feedback and input on product functionality and ensure providers have an active voice in delivering next-generation capabilities for the industry
"The combination of our technology and our isolved Network sales and support capabilities are unique in the industry," stated Connell. "It's the best of both worlds: a partner that can help a PEO sell and a partner that can help them serve."
To learn more about isolved's continued focus on the PEO sector, visit us at the upcoming NAPEO Annual Conference being held in Palm Springs, CA from September 12-14 at the JW Marriott Desert Springs Resort & Spa.
About isolved
isolved is an employee experience leader, providing intuitive, people-first HCM technology. Our solutions are delivered directly or through our HRO partner network to more than five million employees and 145,000 employers across all 50 States — who use them every day to boost performance, increase productivity, and accelerate results while reducing risk. Our HCM platform, isolved People Cloud, intelligently connects and manages the employee journey across talent acquisition, HR, payroll & benefits, workforce management and talent management functions. No matter the industry, we help high-growth organizations employ, enable and empower their workforce by transforming employee experience for a better today and a better tomorrow.
Media Contact
Amberly Dressler, Sr. Director of Brand & Content Strategy
adressler@isolvedhcm.com, 714.851.5794
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https://www.wibw.com/prnewswire/2022/08/29/companies-outgrow-current-peo-providers-isolved-aggressively-grows-its-peo-footprint-with-future-proof-functionality/
| 2022-08-29T13:49:25Z
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HOUSTON, April 11, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced that senior management will present at the Bank of America 2022 Auto Summit on Wednesday, April 13, 2022, at the JW Marriott Essex House in New York City. The presentation is scheduled to begin at 9:45 a.m. ET.
The presentation for this event will be simulcast live on the Internet at http://www.group1corp.com/events. A softcopy of the Company's presentation material provided at the conference will also be available within http://www.group1corp.com/events and within the Investor Relations section of Group 1's website at http://www.group1corp.com/company-presentations.
ABOUT GROUP 1 AUTOMOTIVE, INC. Group 1 owns and operates 202 automotive dealerships, 268 franchises, and 46 collision centers in the United States and the United Kingdom that offer 34 brands of automobiles. Through its dealerships, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.
Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, www.facebook.com/group1auto, and www.twitter.com/group1auto.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. In this context, the forward-looking statements often include statements regarding our strategic investments, goals, plans, projections and guidance regarding our financial position, results of operations and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," "foresee," "may" or "will" and similar expressions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of manufacturer incentives, (c) the future regulatory environment, (d) our ability to obtain an inventory of desirable new and used vehicles, (e) our relationship with our automobile manufacturers and the willingness of manufacturers to approve future acquisitions, (f) our cost of financing and the availability of credit for consumers, (g) our ability to complete acquisitions and dispositions and the risks associated therewith, (h) foreign exchange controls and currency fluctuations, (i) the impacts of COVID-19 on our business, (j) the impacts of any potential global recession, (k) our ability to maintain sufficient liquidity to operate, (l) the risk that proposed transactions will not be consummated in a timely manner, and (m) our ability to successfully integrate recent and future acquisitions. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
Investor contacts:
Jason Babbitt
Vice President, Treasurer
Group 1 Automotive, Inc.
jbabbitt@group1auto.com
Media contacts:
Pete DeLongchamps
Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs
Group 1 Automotive, Inc.
pdelongchamps@group1auto.com
or
Clint Woods
Pierpont Communications, Inc.
713-627-2223
cwoods@piercom.com
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SOURCE Group 1 Automotive, Inc.
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https://www.mysuncoast.com/prnewswire/2022/04/11/group-1-automotive-present-bank-america-2022-auto-summit-new-york-city/
| 2022-04-11T12:00:08Z
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Which Olly vitamin is best?
The Olly brand is a popular creator of vitamin blends for various health needs. It has a vast assortment of vitamins to help you sleep, beautify your skin, improve your energy and more. There are several blends for adults, but Olly also makes vitamins for kids — child-appropriate multivitamins as well as blends for digestion and mood. Each blend comes in gummy or softgel form to make it easy and enjoyable to take.
Best multivitamins
Multivitamins support you where your daily meals may not. They were created to fill the gaps in your nutrition and provide you with a balanced diet. Take a multivitamin every day to ensure you are giving your body everything it needs to be healthy. Olly has multivitamins made for men, women and children — in fact, the only thing it seems to be missing is a dog multivitamin.
Top multivitamin for women
Olly The Perfect Women’s Multi
This blend includes vitamins A, C, D, E, biotin and folic acid, the perfect combination for a healthy female body. There are 90 supplements to be taken twice a day, offering 45 days worth of vitamin needs.
Sold by Amazon
Top multivitamin for men
A blend made for men’s optimal health that includes vitamins A, B, C, D, E, lycopene and zinc. These blackberry-flavored gummies are to be taken twice a day; each container includes a 45-day supply.
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Top multivitamin for kids
A blend of vitamins for kids that includes a 35 day supply if taken as recommended twice a day. It includes A, B, C, D, E, and zinc for a healthy digestive and immune system.
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Best vitamins for mood
If you’re looking for a natural way to boost your mood, there is a vitamin for that. Olly has several options for mood enhancement, energy and calm. Each blend is designed and labeled to meet a specific need by blending a medley of vitamins. De-stress, increase energy or calm your kiddos with the best Olly has for mood.
Top mood balance vitamin
Olly Ultra Strength Goodbye Stress Multi-Benefit Blend
This is a blend created to keep you calm while also keeping you alert and focused. It includes ashwagandha, gamma-aminobutyric acid, L-theanine and lemon balm to support a stable mood throughout the day.
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Top mood balance vitamin for kids
This blend includes a child-appropriate blend of magnesium, L-theanine and lemon balm. It supports a calm mind and body for children ages 4 and up.
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Top energy vitamin
This is a blend of B12, CoQ10, and goji berry to provide you with a daily dose of energy without the caffeine. You can take it up to twice a day, with or without food or water.
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Best vitamins for health
Supplements are a great addition to a healthy diet and regular exercise. Support your body by taking vitamins designed for its individual systems. Popular ways to improve your health are boosting your immunity or digestion. Olly covers each of these needs and more, but these are its top-of-the-line blends.
Top immunity support vitamin
Olly Active Immunity and Elderberry
Take up to three gummies a day with this 15-day supply of immune-system support. This blend includes echinacea, zinc and vitamin C in naturally flavored berry gummies.
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Top probiotic vitamin
Olly Probiotic and Prebiotic Gummy
This blend has probiotics and prebiotic fiber for a well-balanced gut. You can take one gummy a day without food or water to keep your digestive system healthy.
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Best vitamins for beauty
They say “appearance is only skin deep,” but what creates that appearance comes from within. You can improve the look of your hair, skin and nails with the right vitablend. Olly has created several products to beautify your skin, reduce fine lines and give your hair a healthy boost. It uses combinations of nutrients known to give you a youthful glow at any age.
Top skin vitamin
Olly Ultra Skin Multi-Benefit Blend
This is a softgel blend created to hydrate and firm skin while reducing fine lines. It includes hyaluronic acid, zeaxanthin, lutein and vitamin C to leave your skin glowing.
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Top collagen vitamin
These gummy rings provide enough collagen to give your skin a healthy glow. Each has 2.5 grams that can be taken twice daily to help reduce wrinkles and improve your skin’s elasticity.
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Top hair vitamin
Olly Ultra Strength Hair Softgels
These softgels include a blend of biotin, keratin, vitamin D and B12 for healthy hair. Strengthen and grow your hair by taking one daily with water.
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Best vitamins for sleep
Quality sleep can make or break your day. According to the Mayo Clinic, it is the root of creating healthy habits and living well. Things such as alcohol and caffeine can be disastrous for sleep, but taking supplements can help you to create the kind of sleep schedule you need. For optimal recovery after each day, get seven to nine hours of sleep and try to go to sleep and wake up at the same time each morning.
Top sleep vitamin
This dreamy blend includes 3 grams of melatonin along with L-theanine, chamomile and lemon balm. Take two gummies about 30 minutes before bed for a full night of restful sleep.
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Top sleep vitamin for kids
Kids ages 4 and up can take one or two of these 30 minutes before bedtime to promote good sleep. Each gummy contains a mild blend of melatonin, L-theanine and botanicals to be taken only occasionally when sleep is difficult.
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https://cw33.com/reviews/br/health-wellness-br/vitamins-br/the-13-best-olly-vitamins/
| 2022-07-09T01:42:46Z
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CHICAGO, Aug. 5, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that its board of directors declared a common stock dividend of $0.295 per share/unit for the quarter ending September 30, 2022 payable on October 17, 2022 to stockholders of record on September 30, 2022.
About First Industrial Realty Trust, Inc.
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 69.8 million square feet of industrial space as of June 30, 2022. For more information, please visit us at www.firstindustrial.com.
Forward-Looking Information
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. We intend for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on certain assumptions and describe our future plans, strategies and expectations, and are generally identifiable by use of the words "believe," "expect," "plan," "intend," "anticipate," "estimate," "project," "seek," "target," "potential," "focus," "may," "will," "should" or similar words. Although we believe the expectations reflected in forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results will not materially differ. Factors which could have a materially adverse effect on our operations and future prospects include, but are not limited to: changes in national, international, regional and local economic conditions generally and real estate markets specifically; changes in legislation/regulation (including changes to laws governing the taxation of real estate investment trusts) local economic conditions generally and real estate markets specifically; changes in legislation/regulation (including changes to laws governing the taxation of real estate investment trusts) and actions of regulatory authorities; the uncertainty and economic impact of pandemics, epidemics or other public health emergencies or fear of such events, such as the outbreak of coronavirus disease 2019 (COVID-19); our ability to qualify and maintain our status as a real estate investment trust; the availability and attractiveness of financing (including both public and private capital) and changes in interest rates; the availability and attractiveness of terms of additional debt repurchases; our ability to retain our credit agency ratings; our ability to comply with applicable financial covenants; our competitive environment; changes in supply, demand and valuation of industrial properties and land in our current and potential market areas; our ability to identify, acquire, develop and/or manage properties on favorable terms; our ability to dispose of properties on favorable terms; our ability to manage the integration of properties we acquire; potential liability relating to environmental matters; defaults on or non-renewal of leases by our tenants; decreased rental rates or increased vacancy rates; higher-than-expected real estate construction costs and delays in development or lease-up schedules; potential natural disasters and other potentially catastrophic events such as acts of war and/or terrorism; litigation, including costs associated with prosecuting or defending claims and any adverse outcomes; risks associated with our investments in joint ventures, including our lack of sole decision-making authority; and other risks and uncertainties described under the heading "Risk Factors" and elsewhere in our annual report on Form 10-K for the year ended December 31, 2021, as well as those risks and uncertainties discussed from time to time in our other Exchange Act reports and in our other public filings with the SEC. We caution you not to place undue reliance on forward-looking statements, which reflect our outlook only and speak only as of the date of this press release or the dates indicated in the statements. We assume no obligation to update or supplement forward-looking statements. For further information on these and other factors that could impact us and the statements contained herein, reference should be made to our filings with the SEC.
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SOURCE First Industrial Realty Trust, Inc.
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https://www.mysuncoast.com/prnewswire/2022/08/05/first-industrial-realty-trust-declares-common-stock-dividends/
| 2022-08-05T21:22:40Z
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Bell County’s COVID-19 threat level increased from medium to high as two new deaths were reported, raising the toll to 916.
The increase in the coronavirus threat comes as a national surge in variant cases, health officials have reported.
The threat level increase was noted on the Bell County Public Health District dashboard about a week after the level was raised from low to medium.
During a high Community Burden Level, the health district recommends people wear a mask indoors in public and minimize time in crowded indoor spaces, stay up to date with COVID-19 vaccines, including a booster shot. Additional precautions may be needed for people at high risk for severe illness.
Epidemiologist Costa Claver said the two new deaths were a man and a woman in their 70s.
Fifty-three new cases of COVID-19 were reported by the Bell County Public Health District for a total of 489 active cases.
The county’s incidence rate went up to 134,74 cases per 100,000 residents in the county.
Of the 49,261 cases reported since the pandemic started, 47,856 have recovered, and 916 people have died.
The health district’s dashboard showed Trauma Service Area L had 58 of the 1,029 available hospital beds taken up by COVID-19 patients. The service area covers about 512,799 residents in Bell, Coryell, Hamilton, Lampasas, Milam, and Mills counties.
Free vaccinations, testing
Several places in Temple offer vaccinations and testing, including CVS, Walgreens, Walmart, the Veterans Administration Hospital, and the Baylor Scott & White Medical Center and clinics.
A second-round free at-home test kits are available at covidtests.gov. Tests are limited to four per household and are shipped through the U.S. Postal Service. The federal government authorized families who received the first batch of tests to place a second order.
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https://www.tdtnews.com/news/coronavirus/article_6d48b9aa-03a3-11ed-9d82-bbaebcb1e71d.html
| 2022-07-14T20:34:39Z
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KING OF PRUSSIA, Pa., June 10, 2022 /PRNewswire/ -- Deep Six CBD, one of the first in your area to carry hemp products, is carrying HHC and THC-O products in all stores! Whether you are in the Willow Grove area, or by Harrisburg near our store in Camp Hill, you can be sure to find HHC and THC-0 in any of your nearby Deep Six CBD locations.
"We're excited to start this new expansion of product in our stores," remarked Nick Kruczaj, President of Deep Six CBD. "We hear constant feedback from consumers about how their lives have been improved by these new cannabis options, and so we're committed to providing the cannabis products that our customers have found to be most helpful and healing."
Deep Six stores have a reputation for prioritizing quality, dedicating shelves to a list of proven and reputable hemp and cannabis producers within the industry. Customers seeking their full complement of products online will find HHC and THC-O infused gummies, cartridges, disposables, and more at www.deepsixcbd.com. If you're not sure what to try, pick one of our new HHC and THCO bundles at https://www.deepsixcbd.com/product-category/bundles/!
HHC is very similar to the psychoactive effects of THC. HHC has been reported to kindle feelings of euphoria, boost appetite, and offer remarkable pain relieving effects. If you are looking for some of the more potent products in our stores, definitely give our HHC category a try!
THC-O is a new cannabinoid that has been gaining popularity through its anti-anxiety, anti-nausea, and stress relieving properties users have reported. Consumers report that THC-O can be 3x stronger than regular THC.
Every Deep Six CBD Store has a full cabinet of products dedicated to HHC and THCO products. You can find HHC and THC-O in edible forms like gummies, candy clusters, or chocolate bars while they are also available in inhalable forms through disposable vapes, or cartridges. We carry THC-O infused flower and HHC prerolls as well!
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SOURCE Deep Six
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https://www.mysuncoast.com/prnewswire/2022/06/10/deep-six-cbd-pioneers-commercial-cannabis-release-hhc-thc-o-products-king-prussia-west-chester-plymouth-meeting-scranton-areas/
| 2022-06-10T14:38:03Z
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Harris brings 20+ years of product development experience in the literacy market to expand the company's print and digital product portfolio
LINCOLNSHIRE, Ill., Aug. 15, 2022 /PRNewswire/ -- 95 Percent Group LLC, a leading provider of literacy solutions and instructional strategies for K-12 schools nationwide, today announced the addition of Jennifer Harris, Chief Product Officer, to its executive team.
Harris joins 95 Percent Group with deep experience building and leading innovative product development organizations in the literacy market. She has held senior leadership roles at Rowland Reading Foundation, Zaner-Bloser, and most recently Houghton Mifflin Harcourt. As Chief Product Officer at 95 Percent Group Harris will be charged with developing a robust product development strategy to accelerate the expansion of the company's print and digital product portfolio.
"I am delighted to welcome Jennifer to the team," said CEO, Brad Lindaas. "Her experience developing innovative product solutions for the literacy market is exactly what we need to advance our mission and impact. Jennifer is uniquely positioned to grow our product offerings and drive our expansion into new markets."
Harris rounds out 95 Percent Group's executive team which also includes Laura Stewart, Chief Academic Officer; Anella Wetter, Chief Sales Officer; Laura Sullivan, Chief Marketing Officer; George Gatsis, Chief Technology Officer; and Mehul Patel, Chief Financial Officer.
Founded in 2005, 95 Percent Group is an educational company whose mission is to help educators identify and address the needs of all readers. Using an approach that is aligned with Structured Literacy, the company focuses on providing educators with whole-class and small group literacy solutions as well as developing foundational knowledge about The Science of Reading to deliver evidence and research-based instructional strategies. The company's professional development, diagnostic assessments, skill continua, and explicit instructional materials strengthen MTSS/RTI frameworks and ensure that students receive targeted intervention instruction to close skill gaps.
For additional information on 95 Percent Group, see www.95percentgroup.com
In 2021, 95 Percent Group secured a significant investment from Leeds Equity Partners to further develop its literacy curriculum as well as invest in new digital solutions.
95 Percent Group LLC
475 Half Day Road, Suite 350
Lincolnshire, IL 60069
(847) 499-8200
For more information:
Laura Sullivan
Chief Marketing Officer
(847) 496-9231
lsullivan@95percentgroup.com
95percentgroup.com
View original content:
SOURCE 95 Percent Group
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https://www.wibw.com/prnewswire/2022/08/15/95-percent-group-adds-jennifer-harris-chief-product-officer-its-executive-team/
| 2022-08-15T21:55:12Z
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NEW YORK, June 16, 2022 /PRNewswire/ -- The 2020 Census marked a turning point toward a multicultural America: While (non-Hispanic) White Americans still accounted for a majority—61.6 percent—of the US population, population growth over the previous decade was fueled nearly entirely by non-White minority groups, with Hispanic/Latino Americans alone accounting for more than half of growth between 2010-20.
"More than half of America's youth now identify as non-White," said Ivan Pollard, Center Leader, Marketing & Communications at The Conference Board. "But this doesn't mean ethnicity—or any one facet of demography—is destiny. To the contrary, brands succeed by grasping the complex intersection of race, ethnicity, age, gender, income, and more that define consumer identity—and shape consumer choices."
Enter the latest research in The Conference Board Multicultural Consumer Survey series. To understand How Ethnic Identity Reflects In Purchases of Services, the project surveyed 2,000 multicultural US households to uncover their attitudes, preferences, and consumption behaviors—including considerations regarding identity expression and sustainability in travel decisions. It is the second in a series of multicultural consumer surveys, following 2021's comprehensive report on goods.
"The data we gathered provide insights for how every business needs to think about engaging their customers in a demographically diverse America," Pollard added. "In the realm of services, these diversifying attitudes impact everything from travel plans and leisure activities to restaurants, healthcare, financial services, education, childcare, pet care, fitness, and more—including the online and brick-and-mortar shopping channels."
Findings from this latest research are featured in an overview report, Multicultural Consumer Survey: Services, and its accompanying deep dive on Closing US Financial Services Gaps. Among the key insights:
- The rise of commerce as an expression of identity. Growing cohorts of Americans are likely to use services to express their ethnic identity, especially higher-income Black and Latino consumers and people under 35 across all minority groups (with the money to spend). This leaves businesses across a broad swath of service sectors—including not only digital media, restaurants, travel, personal care, and out-of-home-entertainment, but also education and fitness, among others—well positioned to consider refining their customer experiences to fulfill their multicultural audiences' desire for ethnic expression.
"In this age of self-expression, brands with a committed, comprehensive diversity strategy can tap into consumers' desire to express their ethnic heritage through their purchases," said Denise Dahlhoff, Senior Researcher at The Conference Board. "This can help brands reach younger consumers in particular, including those from traditionally less self-expressive cultures that are US-acculturated and even younger White people who, surrounded by diverse peers, seem inspired to express their own cultural identities." - Spending on symbols of success is universal—but defining success varies. Spending on services—including on education and financial investments—may be partly be driven by what consumers consider success in life. Yet no definition of success is universal. For example, for Latino consumers, owning a home and business, and sending their children to college signifies success more than it appears to for other consumer segments. For Asian consumers, who generally skew toward higher income groups, financial achievements are relatively more important. This reflects in their higher use of banking, investing, insurance, and financial advisory services compared to other groups.
- Financial services gap. As explored in our deep-dive report on financial services, low- and middle-income Black and Hispanic respondents are generally more likely to use various forms of nontraditional financial services compared to their Asian and White peers of similar income levels. These nontraditional services—from payday loans to crypto currencies—often entail substantial risks.
"Financial services providers have significant room to grow their engagement with Black and Latino consumers—even among higher-income consumers in these groups," said The Conference Board Chief Economist Dana Peterson, "For financial institutions, closing these gaps can mean reaching a lucrative market currently untapped by banking services." - Non-White Americans, especially those in higher income groups, express most interest in environmentally friendly transportation for travel, as well as accommodations—offering travel companies a well-defined target for sustainable options. Generally, higher-earning consumers within a given racial and ethnic group are more open to sustainability appeals than their lower-earning counterparts.
- What consumers value most about offline and online shopping differs by age, income, and ethnicity. Such insights can help retailers finetune their channel design, targeting, and messaging. For example, for younger shoppers, brick-and-mortar stores offer a forum to socialize, while older shoppers mostly value stores' traditional advantages of inspecting products in-person and instant acquisition of items.
The ability to save time by shopping online appeals particularly to Latino and Asian shoppers. The entertainment aspects of a physical store are more likely to appeal to the Latino segment as well as younger White shoppers, and the ability to socialize with family/friends appeals to Black shoppers overall as well as generally younger, especially non-White consumers. These preferences may also be related to other factors such as location of residence and family status.
About The Conference Board
The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org.
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SOURCE The Conference Board
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https://www.wibw.com/prnewswire/2022/06/16/new-survey-uncovers-lessons-selling-services-and-success-to-an-increasingly-multicultural-america/
| 2022-06-16T15:55:46Z
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South Dakota tribes buy land near Wounded Knee massacre site
SIOUX FALLS, S.D. (AP) — Two American Indian tribes in South Dakota have agreed to purchase 40 acres of land near the Wounded Knee National Historic Landmark on the Pine Ridge Indian Reservation.
The Oglala Sioux tribe will pay $255,000 and the Cheyenne River Sioux tribe will pay $245,000 for the site, and agree to petition the U.S. Department of the Interior to take the land into trust on behalf of both tribes, Indian Country Today reported. The title to the land will be held in the name of the Oglala Sioux tribe.
The agreement ends a decades-long dispute over land that is the site of the Wounded Knee massacre of 1890 in which hundreds of Lakota men, women and children were killed by U.S. soldiers in an attempt to suppress the Ghost Dance, a Lakota religious movement. Victims were buried in a mass grave in a nearby Catholic cemetery.
Jeanette Czywczynski became sole owner of the property after her husband, James, died in 2019. James Czywczynski purchased the property in 1968.
The Czywczynski family operated a trading post and museum there until 1973, when American Indian Movement protesters occupied the site, destroying both the post and Czywczynski’s home.
The 71-day standoff that left two tribal members dead and a federal agent seriously wounded led to heightened awareness about Native American struggles and propelled a wider protest movement.
The family moved away from the area and put the land up for sale, asking $3.9 million for the 40-acre parcel nearest the massacre site. The land, including an additional adjacent 40-acre plot, had been assessed at $14,000.
In 2013, film star Johnny Depp announced a plan to buy the property and donate it to the Oglala Sioux tribe. Depp, who played the role of Tonto in a remake of the film, “The Lone Ranger,” was criticized for trying to capitalize on the film making unsubstantiated claims of having Native American ancestry. Depp did not follow through on the purchase.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/09/10/south-dakota-tribes-buy-land-near-wounded-knee-massacre-site/
| 2022-09-10T17:09:35Z
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BEIJING, May 6, 2022 /PRNewswire/ -- RLX Technology Inc. (NYSE: RLX, "RLX") today announced its net-zero carbon emission plan, "Aim for Zero," to achieve carbon neutrality in its operation by 2033 and along RLX's value chain by 2050.
According to Aim for Zero, RLX, known for its RELX-branded e-cigarette, will take eight measures to achieve its goal of net-zero carbon emission in its value chain.
On the production side, RLX will start to reduce the waste in its offices, production lines, and laboratories and aim to lower the share of waste landfilling by 30 percent from 2021 to 2033.
RLX also plans to turn one of its self-owned factories into a zero-emission factory in 2033.
The company will also form a green supply chain partnership and encourage its supply chain partners to use more renewable energy and set up a net-zero or reduced carbon emission plan.
As for RLX's products, RLX plans to reduce disposable plastic packaging by 2025 and use only recyclable, reusable, or degradable plastic packaging by 2033. RLX will also invest in developing a zero-carbon RELX product by 2025.
The Pods Recycling project is RLX's primary emphasis on achieving the net-zero goal. By the end of 2022, the project will cover the entire nation and target increasing the recycling cartridge volume by a triple from 2022 to 2025.
RLX has recycled over 1 million cartridges through its Pods Recycling project in China, which RLX launched in 2021, aiming to turn the used cartridges into raw materials for cement and use the cement to build infrastructure in China's counties. Through the Pods Recycling project, RLX's first road made with cement has been in operations in Chengde, Hebei province of China.
RLX aims to turn at least one of its branded stores into a zero-emission green store by the end of 2023 while encouraging its employees to adapt to a low-carbon lifestyle.
RLX has not stopped pulling resources into reducing carbon emissions in the past years. According to TÜV Rheinland, a global leading independent assurance services provider, in 2021, RLX's Beijing, Shanghai, and Shenzhen offices and laboratories achieved net-zero carbon emission in their operation.
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SOURCE RLX TECHNOLOGY
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https://www.wibw.com/prnewswire/2022/05/06/aim-zero-rlx-technology-plans-achieve-carbon-neutrality-by-2050/
| 2022-05-06T06:54:30Z
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IX AT 50: Kretzer campaigns for HS girls wrestling to be an official sport in KS
“I kind of missed the opportunity a little bit, but it was all worth it in the end,” she said. “I wanted girls to have the opportunity.”
June 23, 1972, President Nixon signed Title IX into law, prohibiting sex discrimination in educational institutions that receive federal funding. Title IX has largely been considered the springboard for collegiate women’s sports to get where they are today — but the fight for equality is far from over. Every Thursday night at 10:00 p.m. leading up to the 50th anniversary of the law’s passing, 13 Sports will honor the women who changed the game for girls’ and women’s sports in Kansas.
“IX at 50: The Trailblazers of Women’s Sports in Kansas”
MCPHERSON, Kan. (WIBW) - Mya Kretzer is a three-time state champion — though you won’t find her name in any history books.
“I just wanted to be recognized for being the best in the state,” she said.
Wrestling wasn’t wasn’t offered for girls while she was at McPherson High. So, under her head coach (also her dad), she competed against boys.
“That was just emotionally a whole lot,” Kretzer said. “And on my body - I still have body pains just because of me wrestling against boys that were a lot stronger.”
She and her dad began working to push Kansas to join 14 other states at the time to recognize girls wrestling as a sanctioned sport.
Together, they went to high school coaching seminars across the state, drumming up interest and bolstering the number of girls competing.
“Helping them develop girls teams, what’s the next steps,” Kretzer explained. “We got girls tournaments going on in the state. We helped develop that in the state. A few tournaments, and then more tournaments the next year.”
McPherson even held three unofficial state championships, starting with 56 competitors in 2017. The event quadruped in size two years later.
Finally, the spring of her senior year, KSHSAA approved adopting girls wrestling with a vote of 63-2.
She sat in the room overcome with emotion when the vote passed.
“It helped me develop confidence, just the friendships that I’ve made with everyone, how strong that was, it was just an emotional time for me to be able to share that with everyone,” she said.
Just this week, her name went up on the walls of her alma mater:
The sign reads, “MAY IT BE KNOWN THAT THESE THREE GIRLS BLAZED A TRAIL TO ALLOW YOU THE OPPORTUNITY TO WRESTLE AGAINST OTHER GIRLS IN THE QUEST TO CLAIM GOLD. THEY NEVER HAD THIS OPPORTUNITY, BUT THEIR EFFORTS ALLOW YOU THIS SACRED PATH.”
“I kind of missed the opportunity a little bit, but it was all worth it in the end,” she said. “I wanted girls to have the opportunity.”
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/04/01/ix-50-kretzer-campaigns-hs-girls-wrestling-be-an-official-sport-ks/
| 2022-04-01T03:30:39Z
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NEW YORK, July 25, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Shell Midstream Partners, L.P. ("Shell" or the "Company") (NYSE: SHLX), in connection with the proposed acquisition of the Company by Shell USA, Inc. ("Shell USA"). Under the terms of the merger agreement, the Company's unit holders will receive $15.85 in cash for each Public Common Unit of Shell common stock owned. A subsidiary of Shell USA currently owns 269,457,304 Shell common units, or approximately 68.5% of Shell common units. The transaction is valued at approximately $1.96 billion.
If you own Shell shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/shlx
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Shell's board of directors acted in the best interests of Company unit holders in agreeing to the proposed transaction, (ii) the merger consideration adequately compensates Shell's unit holders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law
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https://www.mysuncoast.com/prnewswire/2022/07/26/shareholder-alert-weiss-law-investigates-shell-midstream-partners-lp/
| 2022-07-26T03:58:52Z
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