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SHENZHEN, China, Aug. 23, 2022 /PRNewswire/ -- MGI Tech Co. Ltd. (MGI), a global life science leader and innovator, was named the winner of a Silver Stevie® Award for Most Valuable Corporate Response in the COVID-19 category as part of the 19th Annual International Business Awards.
This marked the second time in the past two months MGI was recognized on a global level for its advanced COVID-19 pandemic control and response efforts.
As the world's only international, all-encompassing business awards program, winners of the International Business Awards® were selected from more than 3,700 nominations submitted by organizations in 67 countries this year. More than 300 executives from different industries around the world participated on 11 specialized committees in the judging process. A judge praised MGI's technology* and products as the "unsung heroes behind the headlines", while others commended MGI for its "superior scientific abilities" and "tremendous contribution".
"MGI has a clear commitment to leveraging the power of science and technology* and utilizing our leading life science tools* to better lives," said Duncan Yu, President at MGI. "Receiving the Silver Stevie® Award reflects our innovative, inclusive, and impactful approach towards tackling COVID-19. To date, we have played an active role in the successful prevention and control of the pandemic in over 70 countries and regions worldwide, demonstrating the value of our technology*, power of our efforts and strength of our commitment to combatting the virus and safeguarding global communities."
Since the rise of COVID-19 and the outbreak of subsequent new variants, MGI's DNBSEQ™ sequencers*, automation systems, and proprietary ATOPlex technology have showcased their consistent value in empowering users and communities. From facilitating large-scale nucleic acid testing for the detection of the SARS-CoV-2 virus, to virus genome sequencing to inform the diagnosis and understanding of the epidemiology and virology of the Omicron variant, MGI supports national and regional genomic sequencing initiatives, enhances large-scale testing capability, and helps inform pandemic response efforts.
Earlier in June, the 14th Annual 2022 Golden Bridge Business and Innovation Awards saw MGI, alongside fellow winning companies such as IBM, KPMG, and Honeywell, taking home a Silver Globee® for Company Innovation of the Year.
About MGI
MGI Tech Co. Ltd. (MGI), headquartered in Shenzhen, is committed to building core tools and technology to lead life science through intelligent innovation. Based on its proprietary technology, MGI focuses on research & development, production and sales of sequencing instruments, reagents, and related products to support life science research, agriculture, precision medicine and healthcare. MGI is a leading producer of clinical high-throughput gene sequencers*, and its multi-omics platforms include genetic sequencing*, medical imaging, and laboratory automation. MGI's mission is to develop and promote advanced life science tools for future healthcare. For more information, please visit the MGI website or connect with us on Twitter, LinkedIn or YouTube.
*Unless otherwise informed, StandardMPS and CoolMPS sequencing reagents, and sequencers for use with such reagents are not available in Germany, Spain, UK, Hong Kong, Sweden, Belgium, Italy, Finland, Czech Republic, Switzerland, Portugal, Austria and Romania. No purchase orders for CoolMPS products will be accepted in the USA until after August 22, 2022. No purchase orders for StandardMPS products will be accepted in the USA until after January 1, 2023.
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SOURCE MGI Tech Co., Ltd. | https://www.kxii.com/prnewswire/2022/08/23/mgi-honored-with-2022-stevie-award-most-valuable-covid-19-corporate-response/ | 2022-08-23T10:40:56Z |
DALLAS, Sept. 14, 2022 /PRNewswire/ -- NexBank Capital, Inc., a Dallas-based financial services and parent company of NexBank, announced that it completed a $50 million common equity raise through an offering of 199,996 shares of its common stock. The private placement closed on September 9, 2022. The net proceeds will be used as growth capital and for other general corporate purposes.
This press release is for informational purposes only and 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 jurisdiction in which such an offer or sale is not permitted.
About NexBank Capital, Inc.
NexBank Capital, Inc. is a financial services company that serves its clients through three core businesses: Institutional Banking, Commercial Banking, and Mortgage Banking. It provides customized financial and banking services primarily to institutional clients, financial institutions, and corporations nationwide.
NexBank | Member FDIC | Equal Housing Lender
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SOURCE NexBank Capital, Inc. | https://www.wibw.com/prnewswire/2022/09/14/nexbank-capital-inc-raises-50-million-additional-common-equity/ | 2022-09-14T21:04:06Z |
$220 Million Fund continues to focus on digitization of Financial Technology
NASHVILLE, Tenn., July 27, 2022 /PRNewswire/ -- FINTOP Capital, a venture capital firm led by industry veterans focused on B2B SaaS (software as a service) companies in the Financial Technology (FinTech) space, announced today the successful close of FINTOP Fund III totaling $220 million, surpassing the firm's goal of $200 million. FINTOP Fund III is already active with five investments including Plinqit, Freight Science, Compliance.ai, Amaryllis and Xelix.
"We remain committed to capital-efficient entrepreneurs that are building great businesses in FinTech, and this new Fund will allow us to make bigger investments in more companies," said Joe Maxwell, managing partner at FINTOP Capital. "As operators, we understand the unique challenges entrepreneurs are facing in light of the economic downturn, as we've been through this cycle ourselves multiple times. However, we know that the modernization of finance continues to be a strong tailwind of the economy, and we are well-positioned to use these changing times as an opportunity to source strong deals and support budding companies with capital, a solid network and a strategic playbook so they can thrive."
FINTOP Fund III is built on the success of the previous 2016 and 2020 Funds, with most of the limited partners (LPs) from the previous Funds joining Fund III. FINTOP Capital relies on the management expertise of its partners, all of whom have experience operating FinTech companies of their own. As operators themselves, they excel at helping portfolio companies grow, which has led to many of the portfolio companies seeking out investments directly from FINTOP Capital for access to this knowledge base and network.
There are two recent new additions to the experienced partner stack, including Jared Winegrad and Chris Haley. Winegrad, a founding member of FINTOP who has now been promoted to partner, was the director of finance and operations at a small venture studio in Nashville prior to FINTOP. In addition to managing operations at FINTOP, Winegrad has played a key role in a number of FINTOP's investments, including Beanworks (acquired by Quadient), Kindful (acquired by Bloomerang), and Quavo. Haley is a FinTech operator with executive experience at companies like Black Diamond (CFO & General Counsel), Knowledge Infusion (COO), Harbor View Advisors (Partner), LegacyShield (CEO), and BridgeFT (Executive Chairman).
Co-founder and managing partner Rick Kushel added, "It's such an exciting time to be investing in FinTech, and we believe that Jared and Chris will be instrumental in the next phase of FINTOP's growth. Between the three flagship FINTOP Funds and our two JAM FINTOP Network Funds, JAM FINTOP Banktech and JAM FINTOP Blockchain, we've raised over $700 million aimed at this industry, and we will continue to leverage that capital and our expertise to push FinTech forward."
To learn more, visit www.fintopcapital.com or follow @fintopcap on Instagram and LinkedIn.
FINTOP Capital is a venture capital firm focused on Financial Technology (FinTech) companies with offices in Nashville, Tenn., St. Louis, Mo., New York City, Jacksonville, Florida, and New Jersey. Run by financial leaders and operators who have built successful startups themselves, the firm understands the ups and downs of the startup world. They bring strong networks, experience and capital to entrepreneurs building B2B service-enabled SaaS and software companies in the FinTech space.
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SOURCE FINTOP Capital | https://www.wibw.com/prnewswire/2022/07/27/fintop-capitals-third-fund-oversubscribed-by-20-million/ | 2022-07-27T12:33:09Z |
Synchrony and Fiserv collaboration gives small businesses ability to expand customer base with more financing options;
Synchrony SetPay complements other Synchrony financing products
STAMFORD, Conn., July 14, 2022 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financing company, today announced that merchants will now be able to offer a short-term, no interest installment option, Synchrony SetPay pay in 4, via the Clover® point-of-sale and business management system from Fiserv, Inc. This buy now, pay later (BNPL) offering will further expand the reach of Synchrony's innovative payments and financing options and enable select merchants that use Clover to accelerate growth while providing more choice and flexibility for consumers – especially at the point of sale.
With more than one-third of shoppers stating they are more likely to seek additional financing options now versus two years ago,1 Synchrony's SetPay pay in 4 installments offering provides customers with the ability to make four equal, interest-free payments for purchases typically between $40 and $500 with the first payment due at checkout. The offering will be part of the Pay with Synchrony app available on the Clover App Market for participating merchants using any Clover device. This app will be the first time that a combined private label credit card and a BNPL solution will be available to small merchants on the Clover platform.
Rad Air Complete Car Care & Tire Centers, an Ohio-based car and tire servicing franchise, is implementing SetPay to offer customers a simple and flexible way to finance purchases with predictable, equal payments over a set period of time. Rad Air has worked with Synchrony since 2014 as a member of the Synchrony Car Care™ network, which helped them build a loyal customer following and increase sales volume.
"We trust Synchrony to partner with us every step of the way to offer an innovative customer experience as consumer behaviors evolve," said Bill Snow, VP of Rad Air Franchise Systems. "It's a game changer to be able to offer BNPL at point of sale in our shop. We now have everything we need on the Clover device to offer customers more financing and payment solutions that fit their needs and get them back on the road quickly."
"The next important opportunity in payments is the ability to offer choice of diverse products and solutions. SetPay pay in 4 on Clover builds on Synchrony's growth strategy to extend our products to more customers through more distribution channels," said Florin Arghirescu, SVP, Chief Product Officer, Synchrony. "Accessing SetPay pay in 4 in the Clover App Market can help small businesses grow their customer base and offer the right financing solutions at the right time."
"Small businesses operate in a competitive environment in which their customers expect to have multiple payment options anywhere they shop," said Dan Bjerke, head of Clover from Fiserv. "As consumer adoption of buy-now-pay-later continues to grow, it's important that Clover can provide businesses with simplified access to these flexible payments solutions, including offerings like Synchrony's SetPay pay in 4."
Synchrony offers a broad suite of revolving credit and installment loan options in a variety of channels, including SetPay pay in 4, SetPay monthly installment loans for up to 84 months, and a variety of equal payment solutions offered through revolving credit programs.
To learn more about Synchrony SetPay, visit: https://www.synchronybusiness.com/setpay
About Synchrony
Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally-enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, powersports, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which we refer to as our "partners." We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences. We offer the right financing products to the right customers in their channel of choice. For more information, visit www.synchrony.com and Twitter: @Synchrony.
Contact:
Tyler Allen
Synchrony
Tyler.allen@syf.com
1 Synchrony Major Purchase Study, 2021
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SOURCE Synchrony Financial | https://www.wibw.com/prnewswire/2022/07/14/pay-with-synchrony-app-launches-first-combined-private-label-bnpl-financing-solution-available-small-business-via-clover/ | 2022-07-14T17:40:33Z |
Award recognizes outstanding employer support of Guard and Reserve employees
EAGAN, Minn., May 19, 2022 /PRNewswire/ -- Blue Cross and Blue Shield of Minnesota (Blue Cross) is proud to announce the company has been named as a finalist for the Secretary of Defense Employer Support Freedom Award, commonly referred to as the Freedom Award. Established in 1996, the Freedom Award is the U.S. Government's highest recognition of employers for extraordinary support of Guard and Reserve employees.
"Blue Cross is honored to be recognized as a finalist for the Freedom Award," says Dana Erickson, President and CEO of Blue Cross. "We have a long history of supporting employees with military ties – whether they are service member themselves or have family members in the armed forces. Our policies, programs and company culture offer the support and flexibility needed to serve in both civilian and military roles. It is a privilege to work alongside such dedicated and inspiring individuals."
Blue Cross has received several accolades for its support of associates with military ties. This month marks the organization's sixth anniversary of being designated a Beyond the Yellow Ribbon company. Blue Cross has received both the Pro Patria Award and the Above and Beyond Award from the Employer Support of the Guard and Reserve (ESGR), recognizing support for Guard and Reserve employees through company benefits, leadership and practices. In addition, six senior leaders at Blue Cross have received the Patriot Award, which is given to managers or supervisors for supporting employees who serve in the National Guard or military Reserve units.
Out of more than 2,700 nominations from National Guard and Reserve service members across the country, Blue Cross was selected as one of 30 finalists to receive the Freedom Award. From this group, 15 will be selected as recipients, with approval from the Secretary of Defense. The finalists will be chosen by a committee comprised of senior leaders representing the Office of the Secretary of Defense, the Reserve Components, the Department of Defense and the Department of Labor. Recipients of the 2022 Freedom Award will be announced later this summer.
About Blue Cross and Blue Shield of Minnesota
For nearly 90 years, Blue Cross and Blue Shield of Minnesota (bluecrossmn.com) has supported the health, wellbeing and peace of mind of our members by striving to ensure equitable access to high quality care at an affordable price. Our 2.7 million members can be found in every Minnesota county, all 50 states and on four continents. Blue Cross and Blue Shield of Minnesota is an independent licensee of the Blue Cross and Blue Shield Association.
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SOURCE Blue Cross and Blue Shield of Minnesota | https://www.kxii.com/prnewswire/2022/05/19/blue-cross-blue-shield-minnesota-named-finalist-secretary-defense-employer-support-freedom-award/ | 2022-05-19T18:41:35Z |
Program powered by Rain the Growth Agency empowers female founders
PORTLAND, Ore., July 11, 2022 /PRNewswire/ -- SheScales, a marketing advisory program powered by Rain the Growth Agency, has announced it is now accepting applications for its 2022 program. This year's program will support up to five female-founded DTC businesses through in-kind marketing resources and advisory services for up to one calendar year.
The program provides participants with tailored consultation on their marketing strategies and campaigns and has helped companies like Wildfang, Carewell and World Pulse achieve growth. Applications will be accepted through August 31, 2022 and must be completed through the SheScales website.
SheScales was started by Rain the Growth Agency's co-founder and CEO, Michelle Cardinal, in 2019 to improve gender equality in the U.S. business landscape.
"Our goal is to help female founders scale their companies fearlessly," said Cardinal. "We want to empower these leaders through mentorship and access to resources that can position them for growth and future funding."
Participants will develop and refine marketing plans, brand & messaging platforms, audience strategy and messaging strategy as needed through workshops led by Rain the Growth Agency's subject matter experts. They will also receive expert advice in areas such as paid social, paid search, pitch decks and more. Best practices in media, creative and transactional websites will be shared in a collaborative environment, and participants will gain access to the agency's wide network of partners.
Applicants must be founders who are women, identify as female, or represent a women-founded or led organization. Businesses should be incorporated, actively generating revenue and have a strong direct-to-consumer offering that is positioned to scale. For more information, visit shescales.com.
SheScales supports female founders by providing DTC marketing and media advisory services in-kind, to help founders scale their companies fearlessly! We also provide networking opportunities and a home-grown community dedicated to empowering female leaders. Michelle Cardinal, founder and CEO of Rain the Growth Agency, created SheScales to serve as a marketing resource for women-led DTC brands. Marketing and media experts from within Rain the Growth Agency donate their time and expertise with a shared passion to improve gender equality in the American business landscape.
Rain the Growth Agency is an independent, women-led, performance-minded, fully integrated advertising agency. We link strategy, creative and production with audience targeting, dynamic cross-channel media investment and advanced analytics to achieve sales and branding goals simultaneously, without compromise. Our holistic Transactional Brand Building approach produces transformational growth for clients ranging from DTC fast companies and category disruptors to established brands with traditional models. For more than 20 years, we have been scaling businesses such as Peloton, Chewy, Wayfair, Headspace, Humana, USAA, 23andMe, SimpliSafe and 1-800 Contacts. Headquartered in Portland, Oregon and co-founded in 1998 by Michelle Cardinal, our agency has grown to 300 employees nationwide.
Media Contact Information:
Beatrice Livioco
Director of Marketing + SheScales Program Coordinator
Beatrice.livioco@rainforgrowth.com
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SOURCE Rain the Growth Agency | https://www.kxii.com/prnewswire/2022/07/11/shescales-applications-open-marketing-advisory-program-boost-female-led-businesses/ | 2022-07-11T21:30:56Z |
MASKWACIS, Alberta (AP) — Pope Francis’ apology Monday for the Catholic Church’s role in Canada’s residential school system and the abuses that took place within it was a full-throated denunciation of a decadeslong policy of forced assimilation that aimed to strip Indigenous children of their culture and traumatized generations.
Speaking at the site of a former residential school south of Edmonton, Alberta, the pontiff said he was “deeply sorry” for actions by many in support of “the colonizing mentality of the powers that oppressed the Indigenous peoples.”
He also expressed sorrow over the schools’ systemic marginalization, denigration and suppression of Indigenous people, languages and culture; the “physical, verbal, psychological and spiritual abuse” children suffered after being taken from their homes at a young age; and the “indelibly” altered family relationships that resulted.
“I myself wish to reaffirm this, with shame and unambiguously. I humbly beg forgiveness for the evil committed by so many Christians against the Indigenous peoples,” Francis said.
Here are some reactions to the pope’s remarks:
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“It was an achievement on the part of the Indigenous community to convince Pope Francis to come to a First Nation community and humble himself before survivors in the way he did today. It was special. And I know that it meant a lot to a lot of people. And every time he said the word sorry, people would start applauding,” Phil Fontaine, a residential school abuse survivor and former chief of the Assembly of First Nations, said in an interview with The Associated Press.
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“We may all need time to fully absorb the gravity of this moment. … If you want to help us heal, stop telling us to get over it. … We can’t get over it when intergenerational trauma impacts every youth and every member, every family who had a residential school survivor. Instead of getting over it, I’m asking you to get with it, get with learning about our history, get with learning about our culture, our people, who we are,” Chief Desmond Bull of Louis Bull Tribe said during a news conference.
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It “was validation that this really happened” for the apology to be heard by non-Indigenous people, Chief Tony Alexis of the Alexis Nakota Sioux Nation said, but the pope needs to follow up with action and “can’t just say sorry and walk away.”
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“I’ve waited 50 years for this apology, and finally today I heard it,” Evelyn Korkmaz, a school survivor, said during a news conference. Unfortunately many family and community members did not live to see it due to suicide or substance-abuse, she said. But “I was hoping to hear some kind of work plan” for ways the church would be turning over documents and taking other concrete steps.
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“I have a lot of of survivors and thrivers in my community who are happy to hear the pope has come to apologize. Words cannot describe how important today is for the healing journey for a lot of First Nations people,” Chief Vernon Saddleback of Samson Cree Nation said in a news conference. “The pope apologizing today was a day for everyone in the world to sit back and listen.”
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“It’s something that is needed, not only for people to hear but for the church to be accountable,” said Sandi Harper of Saskatoon, Saskatchewan, who attended the papal event in honor of her late mother, a former residential school student. Still, she told AP some Indigenous people are not ready for reconciliation: “We just need to give people the time to heal. It’s going to take a long time.”
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Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://cw33.com/news/international/ap-international/tribal-leaders-members-react-to-popes-apology-on-schools/ | 2022-07-26T10:53:31Z |
Richard Walker brings to Bain his deep expertise on web3, metaverse, digital assets, technology strategy and transformation
NEW YORK, Sept. 16, 2022 /PRNewswire/ -- Bain & Company announced today that web3 and metaverse expert Richard Walker will join the firm as a partner in the Financial Services practice in the New York office and co-lead the global scaling of Bain's web3 and metaverse services. As a leading thinker and practitioner in this space, Richard brings deep expertise in navigating how web3 has the potential to introduce new opportunities across a variety of sectors. He has deep experience having recently led web3 projects for global banks, regional banks, hedge funds, payments companies and digital asset natives.
Prior to Bain, Richard was practice head for blockchain and digital assets at another global business consulting firm. With nearly 30 years of consulting experience across the Americas and EMEA, much of his work has been serving major financial institutions and helping them with technology and operations strategies to understand and leverage the latest disruptive technology for competitive advantage.
"Web3 is a priority for our clients and has broad implications across sectors," said Bain & Company's Thomas Olsen, global co-lead of the web3 and metaverse practice. "Richard's experience working with blockchain, digital assets and leading web3 projects for multiple financial institutions will help us scale our support to clients as they navigate the opportunities and challenges that web3 can present."
While web3 has the potential to introduce new opportunities, it will also impact cost structures and profit pools. Tokenization, blockchain payment rails and decentralized finance (DeFi) are pushing financial institutions to rethink business models and market structures. Digital rights ownership (NFTs) will enable consumer brands to reimagine loyalty programs, engagement and brand experience. Moreover, the metaverse will change the way people engage with technology and commerce, propelling companies to rethink how they interact with customers in new virtual environments.
"We are enthusiastic about helping our clients unpack the implications that web3 and the metaverse have on their industry and business," said Bain & Company's Gene Rapoport, global co-lead of the web3 and metaverse practice. "Richard has a long track record of helping financial institutions evaluate ways web3 technology could present opportunities and threats, and chart a course for long-term value generation."
In addition to his client work, Richard will be an active member of the Veterans at Bain affinity group. He holds an undergraduate degree in Computer Information Systems from Chapman University in Orange, California.
For a complete list of Bain's web3 leaders and services, click here.
Editor's Note: For any questions or to arrange an interview, please contact Dan Pinkney at dan.pinkney@bain.com or +1 646-562-8102.
Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future.
Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today's urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.
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SOURCE Bain & Company | https://www.mysuncoast.com/prnewswire/2022/09/16/richard-walker-joins-bain-amp-company-partner-focusing-web3-metaverse-financial-services-practice/ | 2022-09-16T18:18:50Z |
SAN JOSE, Calif., May 13, 2022 /PRNewswire/ -- On May 11, SID Display Week 2022, a premier event in the display industry, opened in San Jose, the United States. This coincides with the celebration of the 60th anniversary of the Society for Information Display (SID). As an eminent entrepreneur and industry expert, Dr. Gao Wenbao, President of BOE, was invited to deliver opening remarks at the celebration. In his keynote speech, Gao shared his insights on the status quo and development trends of the global display industry and put forth three innovation concepts crucial to the sustainable development of the display industry, which resonated with the attendees.
Gao is the only Chinese semiconductor display entrepreneur that has been invited to address the celebration. He said that since it was founded in 1962, SID has served as a comprehensive communication and cooperation platform covering technology, materials, equipment and applications and played a pivotal role in the commercialization of frontier display technologies, becoming the most prestigious gathering in the display industry. Established in 1993, BOE has emerged as a global leader in the semiconductor display industry. During its epic journey, BOE has spearheaded the development of China's display industry, which is now an integral part of the global display sector. Since 2014, BOE has forged close ties with SID. In the future, BOE will continue working alongside SID to promote the sound and sustainable development of the display industry.
Due to the changes in the global political and economic landscapes and the impact of the COVID-19 pandemic, the display industry has faced a variety of challenges such as the relationship between supply and demand and panel price fluctuations. Meanwhile, resource integration and structural optimization are taking place in the industry at a faster pace. As it becomes more concentrated, the industry is set to stay on a steady track. In face of the challenges and opportunities, Gao brought forward three innovation concepts essential to the sound development of the display industry.
Unleashing the vitality of industrial development through technological innovation. Innovation is the driving force of industrial development, and technological innovation is the bedrock of enterprises' development. Technological innovation should revolve around market and customer demands, and this is the most fundamental way to offset the impact of cyclical fluctuations and prompt the healthy development of the industry. Over the years, BOE has been dedicated to innovation. In 2021, it invested over RMB10 billion in R&D and stayed among top 10 worldwide by patent applications for five years in a row. Furthermore, the company has published more than 300 forward-looking technical papers and launched over 260 cutting-edge technologies and products through the platform of SID and received a total of 13 innovation awards including the DIA and People's Choice Awards. BOE has led or participated in the development of more than 300 industry standards, gradually transforming from a leader in technological innovation to an industry standard setter. BOE has constantly broken new ground in TFT-LCD, OLED and Mini/Micro LED and spurred industry upgrade with cutting-edge display technologies and products designed for customers across a spectrum of industries, giving a strong impetus to market demand and industry vitality.
Promoting the upgrade of industry value chain through business innovation. Over the last two decades, the rapid development of the display industry has been largely attributed to the construction of new production lines. However, unhealthy competition between enterprises in terms of capacity and scale has further complicated the industrial environment. Therefore, the display industry is in dire need of a healthier and more sustainable model of growth. In December 2021, BOE launched the first technology brand in China's semiconductor display industry, marking the beginning of its "technology + brand" dual-drive model and an important milestone for the industry. Its one-stop display solutions under the technology brand have been empowering various industries, not only increasing the premium and added value of display devices but also prompting the whole industry to shift from pursuit of scale to the new development path focused on technology and even value creation. This has accelerated the extension and upgrade of the entire industry value chain.
Navigating the leapfrog development of the industry through application innovation. In this day and age, displays have become the first touchpoint and key interface of information interaction, and display technologies and smart devices have penetrated into countless scenarios in everyday life, heralding the era where "displays are ubiquitous." In the new round of industrial revolution represented by 5G, AI big data, IoT and other cutting-edge technologies, digital and smart applications are ushering in a new era of the "internet of displays," bringing new opportunities for an IoT market worth trillions of yuan. Guided by the "internet of displays" strategy, BOE is bringing rich-featured displays in diverse forms to a wider range of scenarios and ramping up the integration of display technology and IoT applications to empower countless scenarios. By doing so, it is leading the entire industry chain towards the new era of the IoT.
Gao called on enterprises to proactively fulfill their corporate social responsibility and work together to create a green, healthy and sustainable environment while pursuing innovation-driven development. Over the years, BOE has embedded the green concept into the full lifecycle of R&D and production and actively promoted energy conservation and green development through technological innovation. The amount of electricity saved per year can meet the needs of 100,000 Chinese households in the whole year, and the amount of water saved is equivalent to annual water usage by nearly 50,000 Chinese households. Currently, BOE has 12 smart factories that have been designated as "national green factories." Green applications driven by technological innovation represent a major trend in the industry. BOE's products are energy-saving, recyclable, and eye-friendly, among other advantages. The digital badges worn by volunteers from BOE. In addition, the company has been empowering rural digital education through smart education solutions in a bid to help narrow urban-rural gaps in education and cultivate an enabling environment for the industry and society.
Innovation is an endless pursuit. Going forward, BOE will continue to bring into full play its role as industry leader and join hands with industry chain partners to create more value and fulfill the vision of the "internet of displays," thus bringing the industry into a new stage of sound and sustainable development.
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SOURCE BOE Technology Group Co., Ltd. | https://www.mysuncoast.com/prnewswire/2022/05/13/dr-gao-wenbao-addresses-sids-60th-anniversary-celebration-putting-forth-three-innovation-concepts/ | 2022-05-13T11:46:43Z |
Indiana officer who was shot in head is moved to hospice
Published: Sep. 4, 2022 at 10:11 AM CDT|Updated: 45 minutes ago
RICHMOND, Ind. (AP) — An eastern Indiana police officer who was shot in the head during a traffic stop has been moved to hospice care after being taken off life support at a hospital.
The Richmond Police Department says 28-year-old Officer Seara Burton was transferred to a hospice facility in the Richmond area on Saturday. She had been treated at a hospital in Dayton, Ohio, since being shot on Aug. 10.
The department says in a Facebook post that “she will continue receiving excellent care and be surrounded by her family.”
Burton was taken off life support Thursday.
A Richmond man is jailed on three attempted murder charges in the officer’s shooting.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/04/indiana-officer-who-was-shot-head-is-moved-hospice/ | 2022-09-04T15:56:14Z |
Election 2022: Trump endorsement flip scrambles Alabama race
MONTGOMERY, Ala. (AP) — Standing in the sweltering summer heat on the steps of the Alabama Capitol earlier this month, Republican Senate candidate Mo Brooks was hailed by organizers of the Jan. 6, 2021, rally in Washington for his efforts to overturn the results of the 2020 election and keep former President Donald Trump in power.
“I was proud to stand with Mo Brooks on that stage that day,” said Amy Kremer, chair of Women for America First. “Mo has the truth on his side.”
Less than 10 hours later, Trump returned the favor by snubbing the congressman — for a second time — and instead endorsing rival Katie Britt in Tuesday’s Republican runoff election for the U.S. Senate seat being vacated by Britt’s former boss, retiring GOP Sen. Richard Shelby.
Alabama is one of a handful of states holding contests Tuesday at the midpoint of a primary season that has been shaped by Trump’s effort to influence the GOP. In Virginia, Republicans are choosing between Trump-aligned congressional candidates to take on some of the most vulnerable Democrats in the fall. And in Georgia, Democrats will settle several close races, including deciding which Democrat will challenge Brad Raffensperger, the Republican secretary of state who overcame a Trump-backed challenge last month.
In Washington, D.C., meanwhile, Democratic Mayor Muriel Bowser is seeking reelection amid concerns over homelessness and rising crime.
But the Alabama Senate runoff has drawn particular attention both because of the drama surrounding Trump’s endorsement and the fact that the winner will likely prevail in November in a state Trump won twice by more than 25 percentage points.
Trump initially endorsed Brooks in the spring of 2021, rewarding an ardent champion of his baseless claims of a stolen election. Brooks had voted against certifying President Joe Biden’s victory and delivered a fiery speech at the rally that proceeded the U.S. Capitol insurrection, telling the crowd, “Today is the day that American patriots start taking down names and kicking ass.”
But nearly a year later, Trump rescinded his support after the pair’s relationship soured and as the conservative firebrand languished in the polls. Trump blamed his decision on comments Brooks had made months earlier, at an August rally, when he said it was time for the party to move on from the 2020 presidential race — comments Trump claimed showed Brooks, one of the most conservative members of Congress, had gone “woke.”
But the move was widely seen as an effort by Trump to save face amid other losses, and Brooks alleged that it came after he informed Trump that there was no way to “rescind” the 2020 election, remove Biden from power, or hold a new special election for the presidency.
Trump’s un-endorsement was widely expected to end Brooks’ campaign. Instead, Brooks managed to finish second in the state’s May 24 primary, earning 29% of the vote to Britt’s 45% and forcing a runoff.
Brooks tried once again to get Trump to endorse him, but Trump, who has had a mixed record in backing winning candidates, instead chose Britt, Shelby’s former chief of staff, calling her a “fearless America First Warrior.”
While Brooks and Britt have similar views, their race represents a clash between two wings of the party and different generations. Shelby for decades epitomized the old-guard political style, using his clout and relationships to quietly steer federal projects and funding to his home state.
Britt, 40, has the endorsement of Shelby and other establishment Republicans, as well as deep ties to the state’s business community, reflected in her 2-1 fundraising advantage over Brooks.
Brooks, 68, is known for his bombastic oratory style. The six-term congressman was a founding member of the conservative House Freedom Caucus and has made his opposition to Senate Minority Leader Mitch McConnell a pillar of his campaign, embarking on a “Fire McConnell Tour” of town halls. A super PAC affiliated with McConnell contributed $2 million to a PAC opposing Brooks.
He also has the backing of Texas Sen. Ted Cruz and Kentucky Sen. Rand Paul, who say he would be a needed hard-line addition to the Senate.
“This is a race about conservatives versus the establishment,” Paul said Friday in north Alabama. “We need a fighter. We’re not going to get it if you send us any old Republican. We need a fighter like Mo Brooks.”
Britt, meanwhile, stresses her own social conservative beliefs and has tried to paint Brooks as a career politician, saying Alabamians want “new blood.”
“President Trump knows that Alabamians are sick and tired of failed, do-nothing career politicians. It’s time for the next generation of conservatives to step up and shake things up in Washington,” she said after Trump’s endorsement.
Brooks has disparaged Britt as a RINO — the GOP pejorative meaning “Republican in name only” — and maintained he is the only one with a proven conservative record.
Turnout in the race is expected to be low, with fewer than 15% of registered voters likely to cast ballots, according to Secretary of State John Merrill.
Elsewhere, in the nation’s capital, where Democratic primaries effectively decide winners, Bowser is trying to fend off challenges from a pair of City Council members as the city contends with a rash of crime, including a shooting Sunday in one of the city’s busiest nightlife destinations that left a 15-year-old dead and a police officer and at least two others wounded.
In Virginia, voters are set to pick Republican nominees for what is expected to be a pair of the year’s most competitive U.S. House races.
In the coastal 2nd District, state Sen. Jen Kiggans is widely seen as the GOP front-runner in the Republican race to take on Democrat Elaine Luria, a retired Naval commander and member of the House Jan. 6 committee, in the general election. In central Virginia’s 7th District, six candidates are in a competitive race to face Democratic Rep. Abigail Spanberger, a former CIA officer.
And in Georgia, Democratic state Rep. Bee Nguyen is trying to defeat former state Rep. Dee Dawkins-Haigler in the secretary of state’s race. The winner will face Republican Raffensperger, who rebuffed Trump’s efforts to “find” enough votes to overturn Biden’s win in the state’s 2020 presidential election and beat back a Trump-endorsed challenger in his May 24 primary.
In congressional runoffs, Republican Vernon Jones, a Trump-backed candidate and former Democrat, is competing against trucking company owner Mike Collins for the Republican nomination for the 10th Congressional District seat east of Atlanta.
Republicans also have high hopes of knocking off 30-year Democratic Rep. Sanford Bishop in southwest Georgia’s 2nd District. The GOP is choosing between former Army officer Jeremy Hunt and real estate developer Chris West.
___
Colvin reported from Washington. Associated Press writer Sarah Rankin in Richmond, Va., contributed to this report.
___
Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter at https://twitter.com/ap_politics
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/21/election-2022-trump-endorsement-flip-scrambles-alabama-race/ | 2022-06-21T07:13:56Z |
WASHINGTON, June 3, 2022 /PRNewswire/ -- The Concord Coalition said today that this year's reports from the Social Security and Medicare trustees sound a blaring alarm that legislative actions must be taken soon to avoid sudden substantial benefit cuts by 2035 for Social Security and by 2028 for Medicare Part A.
"Social Security and Medicare are enormously important programs for millions of American families who rely on them to be there for current or future retirement income, disability benefits, and healthcare needs. It is stunning and deeply irresponsible that year after year lawmakers of both parties routinely ignore the trustees' warnings that neither program is on solid financial ground," said Robert L. Bixby, Concord's executive director. Any 'political leader' worthy of that title, including those out on the 2022 campaign trail, should make it a priority to find solutions that are both fiscally and generationally responsible," Bixby said.
As detailed in the reports, both programs contribute to steadily rising budget deficits while at the same time neither program can pay the full amount of promised benefits under current law. Ignoring the warnings in these reports will leave the public unprepared for changes that must inevitably be made to make these vital programs sustainable.
Bixby added: "The trustees' warnings seem all the more alarming because the country is not in a position of current or projected fiscal strength. Delaying reforms would simply exaggerate generational inequities."
To illustrate the magnitude of the challenge, the trustees estimate that one of three things must happen to keep the retirement program solvent over the next 75 years: (1) dedicated revenues would have to increase by an amount equal to an immediate and permanent payroll tax increase of 3.24 percentage points -- from 12.4 percent to 15.64 percent, an immediate 26 percent increase; (2) scheduled benefits would have to be reduced, for all current and future beneficiaries, by an amount equivalent to an immediate and permanent reduction of 20.3 percent, or (3) a combination of the two.
Delaying action until 2035, when the combined Social Security trust funds are projected to become insolvent, would increase the necessary payroll tax to 16.47 percent; require a 24.9 percent benefit cut, or some combination of the two.
It is also important to remember that Social Security and Medicare do not "pay for themselves."
The trustees' reports confirm that Social Security and Medicare Part A (Hospital Insurance) will experience growing cash deficits in the future as they pay out more than they receive from their dedicated resources.
General federal revenues also support Medicare Part B, which provides various medical services, and Part D, which helps pay for prescription drugs. By design, the premiums that older Americans pay for these parts of Medicare only cover about 25 percent of their costs.
According to supplemental data provided with the trustees' report, the general revenue transfers to Social Security and Medicare totaled $554 billion in 2021 or 2.4 percent of GDP. This consisted of $126 billion for Social Security and $428 billion for Medicare. If full benefits were maintained in both programs, by 2064 these transfers would double to 4.8 percent of GDP.
The Concord Coalition also noted that for the seventh year in a row, the public trustee positions have been left vacant. This is a very serious omission.
The public trustees play a vital role in ensuring objective oversight of Social Security and Medicare finances. The two public trustees are the only trustees who are not members of the president's administration, and by law one must be a member of the opposing party. Concord urges the president and Congress to agree on two credible candidates to fill these crucial positions in time for them to have a meaningful role in preparing the 2023 report.
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SOURCE The Concord Coalition | https://www.wibw.com/prnewswire/2022/06/03/latest-social-security-medicare-trustees-reports-show-we-are-creeping-toward-cliff/ | 2022-06-03T18:26:21Z |
Canton's new economic development director resigns
CANTON – Eugene Norris is no longer the city's economic development director.
He resigned after working about six weeks as a member of the mayor's cabinet.
On Tuesday, a news release from the office of Mayor Thomas Bernabei announced Norris' resignation and the new search for an economic development director. An advertisement for the position was posted on the city's career website the same day.
"Mr. Norris resigned effective April 13," the release stated. "If you are interested in applying for this position, please go to the city of Canton website at www.cantonohio.gov and click on the “Jobs” button and search for Director of Economic Development."
A voicemail left with Norris was not immediately returned.
Norris began work for the city Feb. 28 after serving as the program director for the Stark County Minority Business Association. He succeeded Fonda Williams, who resigned in January to take a job with the Economic and Community Development Institute Inc.
Check back later for updates on this story. | https://www.cantonrep.com/story/news/local/canton/2022/04/19/cantons-new-economic-development-director-resigns/7372217001/ | 2022-04-19T21:26:09Z |
In Vitro and In Vivo Data for CBL-B Inhibitor Demonstrated Differentiated Immune Enhancing Activity
BOSTON, April 8, 2022 /PRNewswire/ -- HotSpot Therapeutics, Inc., a biotechnology company pioneering the discovery and development of first- and best-in-class small molecule allosteric therapies targeting regulatory sites on proteins referred to as "natural hotspots," today announced the presentation of additional pre-clinical data on the Company's Casitas B-lineage lymphoma proto-oncogene (CBL-B) program in a poster presentation at the American Association for Cancer Research (AACR) Annual Meeting 2022.
CBL-B acts as a gatekeeper in immune cell activation, and its inhibition holds the potential to address several key mechanisms where translational data supports a causative role in suboptimal response to current immunotherapies. Targeting CBL-B represents a novel therapeutic approach because inhibition of CBL-B lowers the threshold for T cell and NK cell activation, even in the absence of co-stimulatory signals, potentially bringing benefit to patients with low antigen levels (e.g., low TMB), low inflammation (e.g., low PDL-1) and/or sub-par co-stimulation (e.g., low CD28).
"CBL-B represents a promising immunotherapy target given its role as a master regulator of T cells and NK cells. Its inhibition may address the limitations of current immunotherapies and, in turn, expand the benefits of I-O to more patients," said Geraldine Harriman, Ph.D., Co-Founder and Chief Scientific Officer of HotSpot Therapeutics. "Using one of our potent small molecule CBL-B inhibitors identified from our Smart Allostery™ platform, we demonstrated an ability to enhance T cell activation and reduce susceptibility to immune suppression, supporting the potential therapeutic utility of a CBL-B inhibitor. We look forward to continuing to advance our lead CBL-B inhibitor candidate, HST-1011, toward clinical studies."
The presentation describes compelling data for a HotSpot compound designed as a novel, allosteric, small molecule inhibitor of CBL-B E3 ubiquitin ligase activity.
- The HotSpot CBL-B inhibitor drove potent immunostimulatory activity both in vitro and in vivo in a CT26 tumor mouse model with superior potency observed when comparing the HotSpot CBL-B inhibitor to a reference CBL-B inhibitor.
- When added to exhausted T cell cultures or to effector T cells in the presence of regulatory T cells in vitro, the HotSpot CBL-B inhibitor demonstrated an ability to reduce the effects of suppressive mechanisms.
- In the mixed lymphocyte reaction (MLR) assay that is a strong predictive correlate of the clinical activity of I-O therapies, the HotSpot CBL-B inhibitor demonstrated clear activity as monotherapy and was synergistic with anti-PD1 in enhancing T cell proliferation and cytokine secretion.
"Our CBL-B inhibitor program exemplifies the immense potential of our Smart Allostery™ drug discovery platform, as our proprietary technology has enabled the development of a potent and selective allosteric inhibitor of this target that has proven difficult to drug using traditional, active site-directed small molecule drug discovery," said Jonathan Montagu, Co-Founder and Chief Executive Officer of HotSpot Therapeutics. "We look forward to continuing to expand our pipeline of allosteric modulators as we execute on our goal of delivering therapies to address areas of true unmet need."
About HotSpot Therapeutics, Inc.
HotSpot Therapeutics is targeting naturally occurring pockets on proteins called "natural hotspots" that are decisive in the control of cellular protein function. Largely unexploited by industry, these pockets are highly attractive for drug discovery and enable the systematic design of highly potent and selective small molecules that exhibit novel pharmacology. The Company's Smart Allostery™ technology platform utilizes AI-driven data mining of large and highly diverse data sets to identify pockets that matter on proteins, integrated with a tailored pharmacology toolkit and bespoke chemistry to rapidly deliver superior hotspot-targeted small molecules. The Company has successfully exploited natural hotspots across multiple classes, including E3 ligases, kinases, and transcription factors. HotSpot has established a product pipeline of first-in-class small molecules for the treatment of cancer and autoimmune diseases, each enabled by precision and patient-targeted clinical design. To learn more, visit www.hotspotthera.com.
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SOURCE HotSpot Therapeutics | https://www.mysuncoast.com/prnewswire/2022/04/08/hotspot-therapeutics-presents-pre-clinical-data-cbl-b-program-american-association-cancer-research-annual-meeting-2022/ | 2022-04-09T06:34:55Z |
LOS ANGELES, July 14, 2022 /PRNewswire/ -- Today, Didi Hirsch Mental Health Services (Didi Hirsch), home of the nation's premier Suicide Prevention Center and a leading provider of whole-person mental health and crisis care, announces its acquisition of Teen Line, the leading global teen-to-teen peer support line and youth-centered mental health organization.
One of the most vulnerable age groups impacted by today's unprecedented mental health crisis are children, adolescents and young adults
with suicide being the second leading cause of death for 10 to 24-year-olds. Each day in our nation, there are an average of over 5,400 suicide attempts by young people in grades 7-12. The acquisition bridges two leading organizations to more holistically support our most vulnerable demographic at a time when mental health challenges among our youth are reaching crisis levels.
will have the opportunity to combine its mental health crisis care capabilities with Teen Line's successful track record and youth-support services to further enhance the organization's whole-person care model.
For over 40 years, Teen Line has provided support, resources and hope to young people through its hotline, taking calls, texts and emails by professionally trained teen and youth counselors and outreach programs. Teen Line's approach of teen-to-teen support has proven to be an effective mechanism in connecting and servicing teens, not only on a national but on a global scale. For over four decades, Teen Line continues to train high school students to be listeners, empower them to become mental health ambassadors, and evolve to be change-makers in their community. Within the last five years, Teen Line has experienced tremendous increases in demand for services with the number of teens reaching out nearly tripling, and the number of outreach programs conducted doubling. The organization responded to 7,175 calls, texts and emails from teens in distress in 2021 and has to date, trained over 2,200 teens to be "listeners" on the hotline in order to provide the necessary support. About 70% of incoming calls and texts come from outside of California, approximately 2/3 are by 14-17-year-olds, and more than 20% are by 13 and younger. Teen Line volunteers responded remotely during the pandemic and partnered with Didi Hirsch to supplement services during an influx of calls and during their after hours.
"Teen Line has been at the forefront of mental health advocacy and change by providing a safe, anonymous space for vulnerable youth," said Lyn Morris, CEO of Didi Hirsch. "Teen Line's work, and most importantly their team will help Didi Hirsch on our mission to further expand access to mental healthcare and provide the necessary resources to youth and other communities in need."
"We are beyond excited to join such a renowned and effective organization that shares our ethos and mission of mental health advocacy and crisis care," said Cheryl Eskin, Chief Operating Officer of Teen Line. "Didi Hirsch will expand Teen Line's reach to provide increased access to youth at a time when so many of our youth are struggling with mental health concerns. Together we can save more lives!"
Didi Hirsch Mental Health Services has been a recognized leader in whole-person mental health and crisis care for 80 years. Experts at its Suicide Prevention Center offer the nation's most comprehensive array of suicide-specialized services, including multiple 24/7 crisis hotlines in English and Spanish, Crisis Chat and Texting, and Teen Line after hours. Didi Hirsch pioneered suicide hotlines and support groups for survivors of attempts and loss that are gold standards taught throughout the U.S. today. The organization leads planning and implementation for 988, the new three-digit dialing code that will route callers to the National Suicide Prevention Lifeline, across California, going live on July 16, 2022.
Teen line has a long trajectory, created in 1980 by Dr. Elaine Leader and Dr. Terry Lipton. Through their personal work with teenagers, they saw the need for a more inclusive approach to adolescent mental health. After extensive research and recognizing that when teens need help, they go straight to their peers; Teen Line was born. In the past 40 years, notable programs and innovative outreach has been developed, including the training of LAPD Juvenile Procedures Officers since 1996 and LGBTQ+ outreach since 1998. The organization has received outstanding awards and certifications, such as the American Association of Suicidology accreditation in 2005. Teen Line has also recognized renowned figures like the late Rosa Parks, activist and civil rights leader in 1999. Recently, this past February, with the support of Morgan Stanley's Alliance for Children's Mental Health, Teen Line piloted a Career Development Program at Applied Technology Center High School in Montebello. These trained students will ultimately answer Teen Line texts at their school site, expanding Teen Line's hours and reaching into other communities.
Teen Line is possible through longtime supporters like Cedars-Sinai. Since 1980, their partnership has provided the office space and equipment needed for operations and will continue after this merger. "Cedars-Sinai is proud to support Teen Line for over forty-two years," said Jonathan Schreiber, Vice President of Community Engagement for Cedars-Sinai. "Now more than ever, resources and a safe space are crucial to help our youth and adolescents through difficult moments." "The unwavering commitment of Cedars-Sinai has allowed Teen Line to help thousands of youth worldwide each year," said Cheryl Eskin. "We thank and commend Cedars-Sinai for their ongoing support."
Teen Line will continue providing nationwide services to youth between 6-10 PM PST at 800-852-8336. There will be no disruption to Teen Line's hotline or training programs. After hours, calls will continue to roll to Didi Hirsch's 24/7 Suicide Prevention Center. Text services will carry on by texting "teen" to 839863 between 6-9 PM PST. Teens can also email another teen through www.teenline.org.
The official acquisition will be finalized by the end of the month.
Both organizations share a commitment to providing resources and access to the vulnerable communities in need. To learn more about Didi Hirsch's acquisition of Teen Line, visit https://didihirsch.org/.
Founded on principles of health equity and innovation, Didi Hirsch has been providing whole-person mental health and crisis care to children, adults and families since 1942. In additon to the above, its first-in-the-nation Suicide Prevention Center trains students, teachers, mental health professionals, first responders, law enforcement, and others throughout the U.S. to save lives. Didi Hirsch professionals compassionately care for over 165,000 children and adults annually through outpatient, residential, and crisis services at 10 locations and nearly 100 schools in Los Angeles and Orange Counties. Learn more at DidiHirsch.org.
Since 1980, Teen Line has provided a safe, anonymous space for youth anywhere to talk about their problems with a peer. Teen Line provides support, resources and hope to youth through a hotline of professionally trained teen counselors and works to de-stigmatize and normalize mental health through our outreach problems. Teen Line is accredited as a Crisis Center by the American Association of Suicidology. To date, Teen Line has trained over 2200 teens to become "listeners" on its hotline, as well as mental health ambassadors to their communities.
Teen Line is open every night from 6-10 PM PST at 800-852-8336 or by texting "teen" to 839863 between 6-9 PM PST. Learn more at teenline.org or follow us on social media @teenlineonline.
Media Contact
DISRPT PR
DidiHirsch@DISRPTPR.com
Dora H. Nuñez
Director of Marketing and Communications
Didi Hirsch Mental Health Services
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SOURCE Didi Hirsch Mental Health Services | https://www.kxii.com/prnewswire/2022/07/14/didi-hirsch-announces-acquisition-teen-to-teen-peer-support-line-teen-line/ | 2022-07-14T17:56:52Z |
2 men arrested with enough fentanyl to kill 4.7 million people, officials say
BUENA PARK, Calif. (Gray News) - Officials in Southern California report police have taken two men into custody with hundreds of pounds of drugs, which has resulted in the biggest bust in the last 16 years in Orange County.
According to the Orange County District Attorney’s Office, a lethal dose of fentanyl is as little as 2 milligrams, and authorities recovered nearly 21 pounds of fentanyl pills after Buena Park police pulled over a minivan leaving a house on March 17.
Police also said they found about 821 pounds of methamphetamine and 190 pounds of cocaine.
Edgar Alfonso Lamas, 36, and Carlos Raygozaparedes, 53, were the men arrested in the drug bust. The district attorney’s office reports the two face several felony charges, including possession of a controlled substance and the sale or transportation of a controlled substance.
Police said the alleged two drug dealers were also charged with felony enhancements that the controlled substances exceeded 80 and 20 kilograms by weight or 400 liters by liquid volume.
“Millions of unsuspecting people have the grim reaper looking over their shoulder. They have no idea how close they actually are to dying from taking a single pill,” said Orange County District Attorney Todd Spitzer. “Fentanyl is cheap, it’s easy to get, and it is killing our children, our co-workers, and tens of thousands of innocent Americans who don’t have to die. Drug dealers don’t care about you or your loved ones – they only care about their bottom line and making as much money as possible.”
Lamas and Raygozaparedes face a maximum sentence of 37 years and four months in jail if convicted on all charges. According to the district attorney’s office, the two have pled not guilty and remain in custody on a $5 million bail.
According to court records, a preliminary hearing is scheduled for the two men on June 7 in Fullerton, California.
“With fentanyl in an estimated 40 percent of street drugs, it’s not a matter of if but when someone you know, and love dies from fentanyl. We have to continue to do everything we can to combat this deadly drug epidemic and save lives,” Spitzer said.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/07/2-men-arrested-with-enough-fentanyl-kill-47-million-people-officials-say/ | 2022-04-07T04:52:26Z |
NEW YORK, May 17, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Playstudios, Inc. (NASDAQ: MYPS) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of a class consisting of all persons and entities other than defendants who: (a) purchased, or otherwise acquired securities of Playstudios between June 22, 2021 and March 1, 2022, both dates inclusive, including, but not limited to, those who purchased or acquired Playstudios securities pursuant to the offering of the private investment in public equity; (b) held common stock of Acies as of May 25, 2021, and were eligible to vote at Acies' June 16, 2021 special meeting who exchanged their shares of Acies stock for shares of Playstudios stock pursuant to the merger of Acies and Old Playstudios; and/or (c) purchased or otherwise acquired Playstudios common stock pursuant to or traceable to Acies' documents issued in connection with the June 2021 merger.
Lead Plaintiff Deadline: June 6, 2022
No obligation or cost to you.
Learn more about your recoverable losses in MYPS:
https://www.kleinstocklaw.com/pslra-1/playstudios-inc-loss-submission-form?id=27271&from=4
Playstudios, Inc. NEWS - MYPS NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Playstudios, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Playstudios was having significant problems with its flagship game, Kingdom Boss; (ii) Playstudios would not be releasing Kingdom Boss as expected; and (iii) Playstudios had not revised its financial projections to account for the problems it had encountered with Kingdom Boss. As a result of defendants' wrongful conduct, Class members paid artificially inflated prices for their Playstudios securities and suffered substantial losses and damages.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Playstudios, Inc. you have until June 6, 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 Playstudios, Inc. 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 MYPS lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/playstudios-inc-loss-submission-form?id=27271&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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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/05/17/myps-alert-klein-law-firm-announces-lead-plaintiff-deadline-june-6-2022-class-action-filed-behalf-playstudios-inc-shareholders/ | 2022-05-17T10:38:03Z |
DUBAI, UAE, Aug. 23, 2022 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that the Group's president, Mr. Saifi Ismail, has published an article on Forbes.com, one of the best-known business authorities in the world.
Mr. Ismail is a respected voice in the technology industry and widely regarded as an expert in the MENA region. His Forbes.com article, which focuses on growth opportunities for digital entertainment startups in MENA, highlights his deep experience in MENA and his comprehensive understanding of the region's unique culture, traditions and values. Furthermore, Mr. Ismail shares his astute perception of the macro landscape and investing trends among both local and international players in MENA's online entertainment sector.
Since joining Yalla in 2019, Mr. Ismail has worked to advance Yalla's vision of building the most popular destination for online social networking and entertainment activities in MENA. In 2022, Mr. Ismail was also selected to the Forbes Business Council, an invitation-only, professional organization for CEOs and other entrepreneurs. As a member of the Forbes Business Council, Mr. Ismail will work with Forbes' professional editorial team to share his expert insights in original business articles on Forbes.com and contribute to published Q&A panels with other respected industry leaders.
About Yalla Group Limited
Yalla Group Limited is the largest voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA). The Company operates two flagship mobile applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming application featuring online versions of board games, popular in MENA, with in-game voice chat and localized Majlis functionality. Building on the success of Yalla and Yalla Ludo, the Company has expanded its content, creating a regionally-focused, integrated ecosystem dedicated to fulfilling MENA users' evolving online social networking and entertainment needs. The ecosystem includes YallaChat, an IM product tailored for Arabic users; Waha, a social networking product designed for the metaverse; and games such as Yalla Baloot and 101 Okey Yalla, developed to sustain vibrant local gaming communities in the region. Yalla is also actively exploring outside of MENA, having launched Yalla Parchis, a Ludo game designed for the South American markets. Yalla's mobile applications deliver a seamless experience that fosters a sense of loyalty and belonging, establishing highly devoted and engaged user communities through close attention to detail and localized appeal that profoundly resonates with its users. In addition, through its holding subsidiary, Yalla Game Limited, the Company has expanded its capabilities in mid-core and hard-core game distribution in the MENA region, leveraging its local expertise to bring exciting new content to its users.
For more information, please visit: https://ir.yallagroup.com.
For investor and media inquiries, please contact:
Yalla Group Limited
Investor Relations
Kerry Gao – IR Director
Tel: +86-571-8980-7962
Email: ir@yallatech.ae
The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
Email: yalla@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
Email: yalla@tpg-ir.com
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SOURCE Yalla Group Limited | https://www.wibw.com/prnewswire/2022/08/23/forbes-publishes-yalla-presidents-opinion-digital-entertainment-startups-mena/ | 2022-08-23T21:18:27Z |
Olivia Rodrigo accidentally broke one of her Grammy Awards
By Chloe Melas
Olivia Rodrigo could have used some super glue.
The “Drivers License” singer won three Grammy Awards on Sunday, but only two are solidly still intact.
Rodrigo, 19, who won Grammys for best new artist, best pop solo performance and best pop vocal album, accidentally dropped one of her trophies backstage and it broke apart.
Her shocked reaction was captured by photographers.
A helpful assistant was able to put it back together before Rodrigo continued posing with her arms full of golden gramophones.
A similar moment happened to Taylor Swift at the 2010 Grammy Awards, when the singer dropped one of her four awards backstage.
Funny lyric material, perhaps, for the two singers to put in a song someday.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/entertainment/cnn-entertainment/2022/04/04/olivia-rodrigo-accidentally-broke-one-of-her-grammy-awards/ | 2022-04-04T17:34:17Z |
The phones inside an Alabama abortion clinic were ringing off the hook: the callers wanted to know if abortion remains legal. And, if so, for how long?
A leaked Supreme Court draft opinion was ricocheting around the world.
As Dalton Johnson, the clinic’s owner, read it Monday night, he was struck by the bluntness of the language that would end the constitutional right to an abortion,closing clinics in about half of American states, including his.
“I’m still in shock,” Johnson said Tuesday as he scrambled to reassure his staff and patients they would continue providing abortions as long as they’re allowed in Alabama.
People on both sides of the abortion divide have been expecting the Supreme Court this summer to reverse the landmark 1973 Roe v. Wade cas e that legalized abortion nationwide. But many said the draft opinion was nevertheless stunning, forcing them to reckon with the reality the nation is likely to enter soon.
“I can’t stop crying,” said an elated Mississippi state Rep. Becky Currie, who sponsored the 2018 law that is the basis for the Supreme Court case. “I am not quite sure I have the words to express how I feel right now, but God has had his hands on that bill since the beginning.”
The leaked draft, published late Monday by Politico, is a 98-page opinion in Dobbs v. Jackson Women’s Health Organization, which challenged the constitutionality of the Mississippi bill that banned abortion after 15 weeks. If the decision stands as written, it would also overturn Planned Parenthood v. Casey, a 1992 decision that protected abortion services even though it allowed states to add some limitations.
“Roe was egregiously wrong from the start,” the draft opinion states. It was signed by Justice Samuel Alito, a member of the court’s 6-3 conservative majority. According to Politico, four other justices — Clarence Thomas, Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett — have agreed with the opinion.
The draft opinion was written in February, and the language could change before the court issues its final ruling. As written, it would give states the power to decide the legality of abortion. Roughly half, largely in the South and Midwest, are likely to quickly ban abortion.
Abortion clinics in those states opened Tuesday morning, still seeing patients but uncertain about the future.
The daily rituals unfolded as they always do: some protesters screamed at people walking inside while other abortion opponents prayed, clinic escorts tried to shield patients and hustle them in the doors.
“Please overturn Roe v. Wade,” said Barbara Beavers, who stood outside the clinic in Jackson, Mississippi, on Tuesday, gently trying to persuade people against going inside. “Have mercy on our unborn children. We’re destroying our future, killing our babies.”
Inside clinics, the news prompted frantic phone calls, and abortion providers across America rushed to tell their patients that the clinics remained open.
“I immediately felt sick to my stomach,” said Tammi Kromenaker, who owns a clinic in Fargo, North Dakota. “And 20 million thoughts started going through my head about what can we do? What does my staff need to hear? What do our patients need to hear?”
She posted a notice on their website: “If you have an appointment at Red River Women’s Clinic, your appointment is safe.”
In Charleston, West Virginia, Katie Quinonez had barely slept the night before; she was having nightmares about the Supreme Court. She rushed into the clinic Tuesday morning, terrified that her patients would misunderstand the news and think that abortion was immediately outlawed. They posted on social media that abortion remains legal and the clinic is open, but they don’t know for how much longer.
She had been bracing for this news.
“But there was still this visceral reaction, this very devastating feeling,” Quinonez said. “This is a red alert moment. This is beyond a red alert moment. The building is on fire.”
At Johnson’s clinic in Huntsville, women called to ask whether they can still get an abortion. Johnson said his first call of the morning was from a woman who had an abortion scheduled for Friday and wanted to come in Tuesday instead.
The staff held a meeting, and Johnson says he asked them to focus on those still coming for abortions who need their help. The opinion was just a draft, he told them, and cautioned that it wasn’t the final decision.
Dr. Cheryl Hamlin, an OB-GYN from Boston, travels South about once a month to do abortions at Mississippi’s only abortion clinic. She said a lot of her patients won’t be able to afford the costs of going out of state to have an abortion, including paying for hotels and taking time off work.
Meanwhile, states that continue to allow abortions “are going to be overflowing with patients,” she said.
Some anti-abortion activists were skeptical that the draft would become reality, fixating instead on the fact that it was leaked the press and whether that implied political posturing.
“I’m hopeful,” said Dennis Westover, a 72-year-old retired electrical engineer, a regular protester outside the clinic in Charleston, West Virginia. But he was suspicious that someone leaked it as ammunition in the country’s intractable culture wars.
“When our Supreme Court stuff starts to be leaked, it’s egregious,” he said. “One side or the other did it for a political motive to stir up some kind of stink.”
In Louisville, Kentucky, protester Angela Minter said she prayed the draft opinion will be the final one.
“I’m excited today,” Minter said. “I believe it’s an indication of what’s to come.”
Minter thinks that’s God answering her prayers: She’s been coming to the clinic most mornings since 2004. Patients tried to dodge her and the other protesters screaming outside. “Don’t murder your baby,” one man shouted at a young woman. Clinic escorts in orange vests helped her into the building.
The Louisville clinic was closed for a week last month after the legislature banned abortion, until a court intervened. But if Roe falls, it will likely be shuttered again.
“I do anticipate a day with no abortion clinics in Kentucky,” said Meg Stern, who runs the Kentucky Health Justice Network and escorts at the clinic. Abortion access will now be an issue of privilege: People with the means to travel will be able to end their pregnancies.
“It’s the family that only has one vehicle and is already struggling to make ends meet. Maybe they’re in the city, maybe they’re in the rural parts of the state. But if they don’t have access to travel, lodging, gas money, food money, babysitters while they’re gone, time off work,” she said. “Do you have the car that will make it?”
For months now, the nation has had a glimpse of what that looks like. Texas banned abortion after six weeks in September. Planned Parenthood clinics in the surrounding states saw a 2,500% increase in patients, said Dr. Iman Alsaden, medical director for Planned Parenthood Great Plains.
Some Texans have arrived in Jackson, Mississippi, where Derenda Hancock volunteers as an escort.
“It’s only the people who can afford to get here that we’re seeing. It makes you think about all the people left behind at home that can’t afford to get here, that can’t make the trip. How are they faring?” she wondered. “They’re going to be forced to be mothers.”
Some groups are working to try to circumvent the law the best they can: mobile abortion units, fundraising for travel assistance, mail-order medications. One online women’s health provider reported a significant spike in requests for emergency contraception Tuesday. Democrat-leaning states like New York, California and Illinois are rushing to pass laws to protect abortion access, both for their residents and people coming from out of state.
If abortion is outlawed in North Dakota, Kromenaker is planning to open a clinic just across the river in Minnesota. She hopes the leaked draft shakes people enough to take action, right away.
She texted her husband Tuesday: “We’ve got to move forward very quickly now,” she wrote. “The urgency is there.”
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Santana reported from New Orleans, Wagster Pettus from Jackson and Galofaro from Louisville. Leah Willingham contributed from Charleston, West Virginia, and Dylan Lovan from Louisville.
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Follow more of AP’s coverage on abortion: https://apnews.com/hub/abortion | https://cw33.com/news/u-s-news/ap-u-s-headlines/still-in-shock-abortion-defenders-foes-stunned-by-leak/ | 2022-05-04T16:54:33Z |
Five to Flow is a global consulting collective that builds integrative organizational wellness solutions designed to achieve and sustain peak business performance.
WASHINGTON, Aug. 2, 2022 /PRNewswire/ -- Five to Flow today announces the launch of the Wellness Wave™ for the public sector. The Wellness Wave is a proprietary diagnostic fuelled by the five core elements of organizational wellness that help companies achieve and sustain peak business performance. It empowers individuals to use their voices to be champions for change and creates an environment at work that supports empowerment and employee engagement.
Five to Flow designed the public sector Wellness Wave for government leaders to consistently measure what civil servants are thinking and feeling and compare that data with their industry peers. By sharing these insights with government-controlled enterprises, Five to Flow is reinforcing its commitment to improving the employee experience for civil servants globally.
The public sector Wellness Wave scores responses as toxic, deficient, borderline, strong, and in flow to provide insights that influence organizational transformation and growth. Respondents receive suggestions for self-improvement in categories where they score low and can benchmark against peer groups. The diagnostic is available on mobile, tablet, and desktop devices, and is accessible on Five to Flow's website.
Recent trends in the public sector reinforce the need for organizational change. According to Forrester's 2022 Public Sector Predictions report, one-third of global civil servants will become hybrid workers. Furthermore, the Center for State and Local Government Excellence report on Public Sector employment states that government agencies will need to replace nearly half of their civil servants since 60% of current public sector employees are within 5-10 years of retirement.
"We are launching the public sector Wellness Wave because this industry is experiencing dramatic change across the five core elements", said Kate Visconti, Founder and CEO of Five to Flow. "Investing in change initiatives to improve the civil servant experience is critical. We are well-equipped to help governmental agencies prevent attrition of their best employees and attract new talent."
Five to Flow is a global consulting collective that builds integrative organizational wellness solutions designed to achieve and sustain peak performance. Our proprietary methodology is driven by five core elements of organizational wellness. We are the bridge between who an organization thinks they are, who they actually are, and who they aspire to be.
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SOURCE Five to Flow | https://www.mysuncoast.com/prnewswire/2022/08/02/five-flow-launches-public-sector-wellness-wave-accelerate-transformation-within-government-controlled-enterprises-globally/ | 2022-08-02T12:51:38Z |
Natural Grocers' Epic Savings Anniversary event offers customers biggest discounts of the year, free treats and a chance to win over $128,000 in prizes, including a Tesla® Model 3 or $47,000 cash
LAKEWOOD, Colo., Aug. 11, 2022 /PRNewswire/ -- Natural Grocers®, the largest family-operated organic and natural grocery retailer in the U.S., celebrates its 67th anniversary August 18th – August 20th. Customers are invited to a three-day celebration offering Epic SavingsSM, prizes, giveaways and more.
67 years ago, Margaret and Phillip Isely went door-to-door in Golden, Colorado educating their neighbors about nutrition and handing out samples of homemade whole grain bread. Margaret's passion for nutritional education, natural foods and supplements spread throughout the community and soon they opened a store. This little house nestled within a neighborhood, was filled with the smells of herbs and spices and laughter among neighbors and friends. People lined up to talk to Margaret about nutrition and connect with someone who genuinely cared.
Today, the company, which is operated by the second and third generations of the Isely family, has 163 locations in 21 states and still prides itself on being a neighborhood grocery store where nutrition education, healthy food and planet-prioritizing practices are warmly offered.
To learn more about Natural Grocers "then and now", check out 67 Things You Didn't Know About Natural Grocers.
Infused with a birthday theme to celebrate what would be co-founder Margaret Isely's 101st birthday, the anniversary event gives customers plenty of reasons to join in the fun. In addition to the event being the biggest sale of the year, Natural Grocers is offering $128,000 in prizes and giveaways, including a Tesla® Model 3, or $47,000 cash, contests, free frozen treats, collectible stickers, chocolate bars, limited-edition reusable shopping bags, and more.
All customers will enjoy three days of Epic Savings of up to 60% off on over 500 products including popular groceries, vitamins and supplements, and body care products throughout the store, such as C2O® Pure Coconut Water, Kicking Horse® Organic Coffee, Zum® Laundry Soaps, Cocomels® Chocolate Covered Coconut Milk Caramels, multiple Natural Grocers Brand Products, Beyond Meat® products, a variety of supplement brands, and much more.[I]
- Free Frozen Dessert: Customers who visit Natural Grocers on Thursday, August 18th from 1-6 PM, can enjoy a free frozen dessert (dairy and non-dairy options available).[II]
Natural Grocers community members will have a chance to win over $128,000 in prizes during the three-day event, including a Tesla Model 3, or $47,000 cash (courtesy of C20® Pure Coconut Water and Steaz®), a Specialized® Turbo Levo SL Comp Bike, a Gold Apple® Watch, Lomi® Composters, gift cards, vendor gift boxes, free groceries and more.[III] To enter to win, customers simply fill out the Anniversary Sweepstakes form available at all Natural Grocers' locations between August 18th and August 20th.
Count the Party Hats: Customers can also win a $500 Natural Grocers gift card by counting the party hats sprinkled throughout the pages of the August good4u Health Hotline® magazine, which can be picked up at any Natural Grocers. For a chance to win, customers can fill out the form in the magazine and drop it off at their local store by August 31, 2022. A drawing among all entries with the correct number will determine the winner.[IV]
Members of {N}power®, Natural Grocers' free loyalty program, will have access to additional Anniversary promotions on groceries and gifts throughout the store, including:
- Daily Doorbuster Deals: During the 3-day event, {N}power members can take advantage of exclusive discounts from 9-11AM.[V]
- Free Limited-Edition Reusable Shopping Bag: {N}power members will receive a newly designed limited edition 67th Anniversary reusable bag with purchase.[VI]
- Free Chocolate! {N}power members will receive one free Natural Grocers Brand Organic Chocolate Bar (all flavors), while supplies last.[VI]
- Spend & Win: For every $67 that {N}power members spend, they'll get an automatic entry to win a Natural Grocers Cutting Board (a $34.99 value; one winner per store).[VII]
- To join {N}power, visit www.naturalgrocers.com/join or text 'organic' to 303-986-4600.
Heroes in Aprons Fund – Natural Grocers will donate 1% of all sales from Thursday, August 18th to the Natural Grocers Heroes in Aprons FundSM.[VIII] This non-profit organization was established in 2021 and provides short-term financial assistance to qualifying Natural Grocers good4u® Crew members or their immediate family members who have encountered unanticipated hardships due to sickness, natural disasters, or other unforeseen circumstances.
- To learn more about Heroes in Aprons, visit naturalgrocers.com/heroes-in-aprons-fund.
- Click here for an Anniversary Media Kit, courtesy of Natural Grocers.
- For media questions, please contact media@naturalgrocers.com.
Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is an expanding specialty retailer of natural and organic groceries, body care products, and dietary supplements. The products sold by Natural Grocers must meet strict quality guidelines and may not contain artificial colors, flavors, preservatives or sweeteners, or partially hydrogenated or hydrogenated oils. The Company sells only USDA-certified organic produce and exclusively pasture-raised, non-confinement dairy products, and free-range eggs. Natural Grocers' flexible smaller-store format allows it to offer affordable prices in a shopper-friendly, clean, and convenient retail environment. The Company also provides extensive free science-based Nutrition Education programs to help customers make informed health and nutrition choices. The Company, founded in 1955, has 163 stores in 21 states. Visit www.NaturalGrocers.com for more information and store locations
[I] Epic Savings prices only valid 8/18/22-8/20/22. Offers are redeemable only for in-store customer purchases at participating stores, while supplies last. Limit 6 of each product per customers, unless otherwise specified. Any stated discounts are on regular prices and cannot be combined with other offers. Quantity limited to stock on hand; no rain checks. Pricing excludes taxes and is subject to change without notice. Natural Grocers reserves the right to correct errors. Void where prohibited by law.
[II] Offer valid 8/18/22 from 1-6 PM at participating stores, while supplies last. One per customer. Natural Grocers reserves the right to correct errors. Void where prohibited by law.
[III] NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. ONE WINNER COMPANY-WIDE. Open only to legal residents of the 50 united states and the District of Columbia, 18 years or older. Grand prize winner will receive a Tesla Model 3 RWD or $47,000 in cash, at sponsor's sole discretion. Runner up prizes specified in official rules. Void where prohibited by law. Sweepstakes starts on August 18 and ends on August 20, 2022. Winner is responsible for all taxes and fees associated with prize, including dealer fees, sales tax, title and registration. For official rules and complete details, visit www.naturalgrocers.com/sweepstakes. Natural Grocers reserves the right to correct errors. Void where prohibited by law. Sponsor: Vitamin Cottage Natural Food Markets, Inc.
[IV] NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Open only to legal respondents of the 50 United States and the District of Columbia, 18 years or older. Void where prohibited by law. Sweepstakes begins on August 5 and ends on August 31, 2022. Maximum of one entry per person. For Official Rules and complete details, visit www.naturalgrocers.com/sweepstakes. Natural Grocers reserves the right to correct errors. Void where prohibited by law. Sponsor: Vitamin Cottage Natural Food Markets, Inc.
[V] {N}power® Doorbuster Deals are available only to registered members and are subject to program terms and conditions available at www.naturalgrocers.com/npower. Only valid 8/18/22-8/20/22 at participating stores. Limit 2 per customer, while supplies last. Natural Grocers reserves the right to correct errors. Void where prohibited by law.
[VI] One per {N}power account. Only valid 8/18/22-8/20/22 at participating stores, while supplies last. {N}power® offers are available only to registered members and are subject to program terms and conditions available at www.naturalgrocers.com/npower. Natural Grocers reserves the right to correct errors. Void where prohibited by law.
[VII] NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. ONE WINNER PER STORE. Open only to legal respondents of the 50 United States and the District of Columbia, 18 years or older. Must be an {N}power member to enter. Natural Grocers employees including members of their households, are not eligible. Void where prohibited by law. Sweepstakes begins on August 18 and ends on August 20, 2022. For official rules, complete details and alternative modes of entry, visit www.naturalgrocers.com/sweepstakes. Sponsor: Vitamin Cottage Natural Food Markets, Inc.
[VIII] Excludes gift card sales.
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SOURCE Natural Grocers by Vitamin Cottage, Inc. | https://www.kxii.com/prnewswire/2022/08/11/celebrate-67-years-with-natural-grocers-august-18th-20th-2022/ | 2022-08-11T15:14:50Z |
NEW YORK, June 16, 2022 /PRNewswire/ -- American Family Insurance and Delta Air Lines have announced their participation in Unlock Potential, a ground-breaking new hiring program designed to create meaningful career opportunities for young adults at the greatest risk of incarceration. Access to gainful employment is critical in determining who ends up behind bars, and by participating these companies will advance racial equity, disrupt the poverty-to-prison pipeline, and develop the next generation of corporate leaders – with the diversity necessary to thrive.
"At American Family Insurance, we've made it a priority to create real second chances for people who have been incarcerated. But we also need to be working to prevent individuals from ending up in prison in the first place. Unlock Potential will do precisely that," said Nyra Jordan, social impact director at the American Family Insurance Institute for Corporate and Social Impact. "By widening the positive life choices available to the young adults who are most at-risk, we can tackle crime, imprisonment, inequality and poverty."
The announcement comes just days before millions across the country observe Juneteenth, highlighting the intentional equity focus of Unlock Potential and its mission to address and help solve for the racially disproportionate impact of the US justice system – and the economic disenfranchisement it creates. By preventing incarceration before it starts, Unlock Potential wants to thwart intergenerational cycles of unemployment and poverty at the root.
"We know that having a diverse workforce builds a better and more innovative business," said Keyra Lynn Johnson, Delta's V.P. and Chief Diversity, Equity & Inclusion Officer. "This partnership builds a bridge to individuals who often don't have connection and opportunities to careers at Delta, while at the same time broadening our access to untapped talent."
Studies show that first-time incarceration can decrease lifetime earnings by more than 30 percent. These obstacles disproportionately impact BIPOC communities. Black Americans are incarcerated at nearly five times the rate of whites, and the effect of a criminal record on employment is 40% more damaging for Black men than white men. Unlock Potential will focus on the 4.4 million Americans identified as "opportunity youth": individuals aged 16 to 24 who are neither in education nor employment. These individuals are far more likely than their peers to suffer negative outcomes like poverty and imprisonment. They are also disproportionately BIPOC – in some places, young Black and Latino people are 3-to-6 times more likely to be opportunity youth than young whites.
The program will focus on a subset of opportunity youth who have experienced one or more of the following additional risk factors for justice system involvement: an incarcerated parent, sex or human trafficking, the juvenile justice system, or the foster care system.
Following the design consultation phase, which will wrap up in October, Unlock Potential will launch a 12-month pilot program in which opportunity youth will be provided with career placements - with significant potential for development and advancement - at American Family Insurance, Delta Air Lines, and other participating employers. These placements will be supported by the Responsible Business Initiative for Justice, co-founders of Unlock Potential. Participants will also be connected with local wraparound support services through national non-profit Persevere.
American Family Insurance and Delta Air Lines join Ben & Jerry's, who announced their participation at the end of last month.
Media Contact:
Ben Cumming, Communications Director, Responsible Business Initiative for Justice
ben@rbij.org
+44 7891 551 514 / +1 213 370 0222
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SOURCE Unlock Potential | https://www.mysuncoast.com/prnewswire/2022/06/16/unlock-potential-american-family-insurance-delta-air-lines-join-racial-equity-focused-youth-hiring-program-prevent-incarceration/ | 2022-06-16T15:52:22Z |
Solid execution of strategic growth initiatives drives continued strong results; Company raises full year 2022 guidance
Second Quarter Highlights
- Delivered sales of $3.8 billion, up 19.6%, compared to the second quarter of 2021; up 22.0% on a daily, constant currency basis
- Expanded gross margin by 255 bps compared to the second quarter of 2021
- Generated operating earnings of $534 million, up 60.0%, resulting in EPS of $7.19, an increase of 68.4% versus the second quarter of 2021
- Returned $219 million to shareholders through dividends and share repurchases
- Published 11th Environmental, Social and Governance report highlighting Grainger's focus on driving sustainable supply chain operations and furthering diversity, equity and inclusion
- Increases full year 2022 guidance, including updated total Company daily sales growth of 14.5% - 16.5%, driving EPS range of $27.25 - $28.75
CHICAGO, July 29, 2022 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the second quarter of 2022 with sales of $3.8 billion, up 19.6%, or 22.0% on a daily, constant currency basis compared to the second quarter 2021, driven by strong performance in both segments.
"Our second quarter results reflect the team's continued commitment to serving customers extraordinarily well in this strong demand environment," said DG Macpherson, Chairman and CEO. "Our execution on our strategic initiatives is driving sustained growth and share gain across the business. After another quarter that exceeded expectations, we are increasing our 2022 outlook and remain well-positioned to deliver an exceptionally strong year."
2022 Second Quarter Financial Summary
Revenue
Sales on a reported and daily basis in the quarter increased 19.6% as compared to the second quarter of 2021. Excluding the unfavorable foreign exchange impact of 2.4%, sales on a daily, constant currency basis were up 22.0% compared to the second quarter of 2021.
In the High-Touch Solutions N.A. segment, daily sales were up 22.2% compared to the second quarter of 2021 due to both strong price realization and volume growth across all geographies. In the Endless Assortment segment, daily sales were up 11.4%, versus the second quarter of 2021, or up 21.1% on a daily, constant currency basis, reflecting the significant impact of the depreciating Japanese yen. Segment revenue growth continues to be driven by new customer acquisition at both Zoro and MonotaRO and strong repeat and enterprise customer growth at MonotaRO.
Gross Profit Margin
Gross profit margin for the second quarter of 2022 was 37.6%, a 255 basis point increase compared to the second quarter of 2021. The increase was driven by favorability in both segments and includes the lap of a $63 million pandemic product inventory adjustment in the prior year period within the High-Touch Solution N.A. segment.
In the High-Touch Solutions N.A. segment, gross margin expanded by 275 basis points over the prior year second quarter primarily due to the pandemic product inventory adjustment discussed above. Absent this inventory adjustment, gross margin was up over 25 basis points, primarily due to favorable product mix. In the Endless Assortment segment, gross margin expanded by 100 basis points versus the prior year second quarter driven largely by freight efficiencies as average order value increased at both Zoro and MonotaRO.
Earnings
Operating earnings for the second quarter of 2022 of $534 million were up 60% versus the second quarter of 2021. Operating margin in the quarter of 13.9% increased 350 basis points over the second quarter of 2021 on stronger gross margins in both segments combined with 95 basis points of SG&A leverage gained on strong top-line growth.
Earnings per share of $7.19 in the second quarter of 2022 increased 68.4% compared to the second quarter of 2021 due primarily to the strong operating performance.
Tax Rate
The second quarter 2022 tax rate was 24.8%, compared to 23.6% in the second quarter of 2021. The increase in rate year over year was primarily driven by a smaller benefit from the vesting of stock compensation.
Cash Flow
Operating cash flow for the second quarter of 2022 was $250 million, down $19 million over the second quarter of 2021. The decrease was driven by heightened cash used by working capital as the Company used its balance sheet to support strong top-line growth. This more than offset higher net earnings in the quarter. During the quarter, the Company distributed $219 million to shareholders through dividends and share repurchases.
Guidance
Given the strong first half of 2022, the Company is raising its 2022 full year guidance expectations.
Webcast
The Company will conduct a live conference call and webcast at 11:00 a.m. ET on Friday, July 29, 2022 to discuss the second quarter results. The webcast will be hosted by DG Macpherson, Chairman and CEO, and Deidra Merriwether, Senior Vice President and CFO, and can be accessed at invest.grainger.com. For those unable to participate in the live event, a webcast replay will be available for 90 days at invest.grainger.com.
About Grainger
W.W. Grainger, Inc., with 2021 sales of $13.0 billion, is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. Grainger achieves its purpose, We Keep the World Working®, by serving more than 4.5 million customers worldwide with a wide range of product categories that keep customer operations running and their people safe. The Company also delivers services and solutions, such as technical support and inventory management, to provide tangible value and save customers time and money. Grainger offers more than 2 million maintenance, repair and operating (MRO) products in its High-Touch Solutions assortment and more than 30 million products through its expanding Endless Assortment offering. For more information, visit www.grainger.com.
Visit invest.grainger.com to view information about the Company, including a supplement regarding 2022 second quarter results. Additional Company information can be found on the Grainger Investor Relations website which includes our Company Snapshot and ESG report.
Safe Harbor Statement
All statements in this communication, other than those relating to historical facts, are "forward-looking statements." Forward-looking statements can generally be identified by their use of terms such as "anticipate," "estimate," "believe," "expect," "could," "forecast," "may," "intend," "plan," "predict," "project," "will," or "would," and similar terms and phrases, including references to assumptions. Forward-looking statements are not guarantees of future performance and are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from such statements. Forward-looking statements include, but are not limited to, statements about future strategic plans and future financial and operating results. Important factors that could cause actual results to differ materially from those presented or implied in the forward-looking statements include, without limitation: the unknown duration and health, economic, operational and financial impacts of the global outbreak of the coronavirus disease 2019 and its variants (COVID-19), as well as the impact of actions taken or contemplated by government authorities to mitigate the spread of COVID-19 (such as vaccine mandates for certain federal contractors, mask mandates, social distancing or other requirements) and to promote economic stability and recovery, on the Company's businesses, its employees, customers and suppliers, including disruption to Grainger's operations resulting from employee illnesses, the development, availability and usage of effective treatment or vaccines, changes in customers' product needs, the acquisition of excess inventory leading to additional inventory carrying costs and inventory obsolescence, raw material, inventory and labor shortages, continued strain on global supply chains, and diminished transportation availability and efficiency, disruption caused by business responses to the COVID-19 pandemic, including remote working arrangements, which may create increased vulnerability to cybersecurity incidents, including breaches of information systems security, adaptions to the Company's controls and procedures required by remote working arrangements, which could impact the design or operating effectiveness of such controls or procedures, and global or regional economic downturns or recessions, which could result in a decline in demand for the Company's products; inflation, higher product costs or other expenses, including operational expenses; the impact of Russia's invasion of Ukraine on the global economy; a major loss of customers; loss or disruption of sources of supply; changes in customer or product mix; increased competitive pricing pressures; failure to enter into or sustain contractual arrangements on a satisfactory basis with group purchasing organizations; failure to develop, manage or implement new technology initiatives or business strategies; failure to adequately protect intellectual property or successfully defend against infringement claims; fluctuations or declines in the Company's gross profit margin; the Company's responses to market pressures; the outcome of pending and future litigation or governmental or regulatory proceedings, including with respect to wage and hour, anti-bribery and corruption, environmental, advertising and marketing, consumer protection, pricing (including disaster or emergency declaration pricing statutes), product liability, compliance or safety, trade and export compliance, general commercial disputes, or privacy and cybersecurity matters; investigations, inquiries, audits and changes in laws and regulations; failure to comply with laws, regulations and standards, including new or stricter environmental laws or regulations; government contract matters; disruption or breaches of information technology or data security systems involving the Company or third parties on which the Company depends; general industry, economic, market or political conditions; general global economic conditions including tariffs and trade issues and policies; currency exchange rate fluctuations; market volatility, including price and trading volume volatility or price declines of the Company's common stock; commodity price volatility; facilities disruptions or shutdowns; higher fuel costs or disruptions in transportation services; geopolitical events, including war or acts of terrorism; other pandemic diseases or viral contagions; natural or human induced disasters, extreme weather and other catastrophes or conditions; effects of climate change; competition for, or failure to attract, retain, train, motivate, and develop key employees; loss of key members of management or key employees; changes in effective tax rates; changes in credit ratings or outlook; the Company's incurrence of indebtedness and other factors that can be found in our filings with the Securities and Exchange Commission, including our most recent periodic reports filed on Form 10-K and Form 10-Q, which are available on our Investor Relations website. Forward-looking statements are given only as of the date of this communication and the Company undertakes no obligation to update or revise any of its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
SUPPLEMENTAL INFORMATION - CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (Unaudited)
The Company supplemented the reporting of financial information determined under U.S. generally accepted accounting principles (GAAP) with the non-GAAP financial measures of daily sales and daily, constant currency sales. The Company believes that these non-GAAP measures provide meaningful information to assist shareholders in understanding financial results and assessing prospects for future performance. Management believes daily sales and daily, constant currency sales are important indicators of operations because they exclude items that may not be indicative of our core operating results, and provide a better baseline for analyzing trends in our underlying businesses. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies' non-GAAP financial measures having the same or similar names. These adjusted financial measures should not be considered in isolation or as a substitute for reported results. These non-GAAP financial measures reflect an additional way of viewing aspects of operations that, when viewed with GAAP results, provide a more complete understanding of the business. The Company strongly encourages investors and shareholders to review Company financial statements and publicly filed reports in their entirety and not to rely on any single financial measure.
This press release also includes certain non-GAAP forward-looking information. The Company believes that a quantitative reconciliation of such forward-looking information to the most comparable financial measure calculated and presented in accordance with GAAP cannot be made available without unreasonable efforts. A reconciliation of these non-GAAP financial measures would require the Company to predict the timing and likelihood of future restructurings, asset impairments, and other charges. Neither of these forward-looking measures, nor their probable significance, can be quantified with a reasonable degree of accuracy. Accordingly, a reconciliation of the most directly comparable forward-looking GAAP measures is not provided.
The reconciliation provided below reconciles GAAP financial measures to the non-GAAP financial measures: daily sales and daily, constant currency sales.
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SOURCE W.W. Grainger, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/29/grainger-reports-results-second-quarter-2022/ | 2022-07-29T12:57:25Z |
The First CHAP Verified Solution Connects with Highly Accurate Speech Recognition Platform
DALLAS, July 25, 2022 /PRNewswire/ -- Continuing its mission to reduce the clinician shortage, Axxess, the leading technology innovator for healthcare at home, adds voice-to-text technology pioneer nVoq to its ecosystem. nVoq's speech recognition solution leads to an average 33% reduction in documentation time.
"Our priority is clinician ease of use. Every partnership we enter into is based on how it affects our clients, and in turn, the patient. We are positive this collaborative relationship with nVoq will lead to higher clinician satisfaction at a time when retention is key," says Axxess Founder and CEO John Olajide. "Both enterprise and smaller healthcare organizations need support right now, so we are actively engaging in ways to make providing care in the home easier."
nVoq is a HIPAA and PCI-DSS compliant, cloud-based speech recognition platform with an impressive track record of improving documentation quality while also reducing documentation time. With its wide medical vocabulary, clinicians can dictate patient information that will integrate seamlessly into their Axxess documentation.
"Our leading-edge technology greatly benefits post-acute organizations – easing the burden of documentation while increasing clinician satisfaction and improving their work-life balance," said nVoq Chief Operating Officer Deborah Gillotti. "We are very excited about the relationship that's been formed with Axxess and look forward to continued collaboration."
About Axxess
Axxess is the leading technology innovator for healthcare at home, focused on solving the most complex industry challenges. Trusted by more than 9,000 organizations that serve more than 3 million patients worldwide, Axxess offers a complete suite of easy-to-use software solutions that empower home health, home care, hospice, and palliative providers to make healthcare in the home human again. The company's collaborative culture focused on innovation and excellence is recognized nationally as a "Best Place to Work."
About nVoq
nVoq Incorporated, headquartered in Boulder, CO, provides HIPAA-compliant, SaaS-based speech recognition to the healthcare industry, with a strategic emphasis on the post-acute care segment. nVoq's platform supports both mobile and office-based clinicians in capturing patient narratives at the point of care to expedite high-quality documentation, simplify coding, and streamline reimbursement. For more information, go to nVoq.com or call Kristen Ayers, Director of Marketing at 303-304-7021.
Contact: Dennis Petroskey
(202) 215-6767
dpetroskey@axxess.com
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SOURCE Axxess | https://www.mysuncoast.com/prnewswire/2022/07/25/axxess-clients-save-more-time-increase-documentation-accuracy-through-collaborative-nvoq-partnership/ | 2022-07-25T14:10:12Z |
SANTA MONICA, Calif. and BRIDGETOWN, Barbados, Aug. 18, 2022 /PRNewswire/ -- LootMogul and Aftermath Islands Metaverse have announced a multi-chain metaverse partnership that will expedite the adoption of blockchain gaming for sports organizations and athletes and truly deliver an immersive sports fans experience.
LootMogul and Aftermath Islands Metaverse are creating a new virtual island dedicated to sports gaming and are creating unique customized Avatars for celebrities, collegiate and professional athletes allowing them to engage in web3 activities and the Metaverse.
"LootMogul is super excited about this partnership as it will help the global sports community to scale their identity across chains and will drive hyper fan adoption with avatars and personalized lands - create, secure, and customize your digital version with your real-world avatar benefits," said Raj Rajkotia, CEO, LootMogul.
"We are very excited to partner with LootMogul to accelerate their Metaverse activities and bring their programs, celebrities and athletes to Aftermath Islands," said David Lucatch, Managing Director, Aftermath Islands Metaverse Limited. "Today, more than ever, it is imperative that brands and personalities stake their value in blockchain and Metaverse activities as they become the next level of consumer engagement."
Aftermath Islands is led by an experienced group of entrepreneurs, designers, and developers who have worked with some of the world's most recognized and respected brands and institutions, such as Marvel, Paramount, DC Comics, Warner Bros, and more.
About LootMogul
LootMogul is an athlete-led sports metaverse (web3 platform) that is powered by virtual real estate, training academies, blockchain games, commerce (NFTs), and in-real-life (IRL) rewards. LootMogul is expanding the web3 community by bringing web 2 gamers and sports fanatics to the metaverse. For more details, visit: https://lootmogul.com. Create and own your sports metaverse with real-world professional athletes from NBA, WNBA, NFL, MLB, Soccer, etc.
About Aftermath Islands Metaverse
Aftermath Islands Metaverse Limited is a Barbados corporation that is 50% owned and is controlled by Oasis Digital Studios Limited, a wholly owned subsidiary of Liquid Avatar Technologies Inc (CSE: LQID) (OTC: LQAVF) (FRA: 4T51). Aftermath Island Token Limited, a wholly owned subsidiary of Aftermath Islands Metaverse Limited, is a British Virgin Islands corporation
Learn about Aftermath Islands' virtual worlds here and read about how the project is reimagining Metaverse experiences in the future in the project light paper and sizzle reel.
Photo: https://mma.prnewswire.com/media/1880823/LM_Influencer.jpg
Photo: https://mma.prnewswire.com/media/1880936/Aftermath.jpg
Logo: https://mma.prnewswire.com/media/1880821/LootMogul_Logo.jpg
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SOURCE LootMogul | https://www.mysuncoast.com/prnewswire/2022/08/18/lootmogul-aftermath-islands-metaverse-form-strategic-metaverse-multi-chain-partnership-global-sports-fans/ | 2022-08-18T15:44:35Z |
Nestlé loading formula on planes to fly into US from Europe
(CNN) - As stores struggle to stock baby formula, Nestlé is loading up planes full of supplies in the Netherlands and Switzerland to send to the U.S.
The company is focused on its Gerber Good Start Extensive HA and Alfamino brands, saying they serve a “critical medical purpose” because they are for babies with cow’s milk protein allergies.
Nestlé was already importing both of these formulas, but now it’s expediting shipments.
It’s also running formula factories at capacity and has accelerated product availability to retailers, online sellers and hospitals for the most vulnerable.
In the meantime, the Biden administration says it is stepping up it coordination with the industry to try to address the shortage.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/18/nestl-loading-formula-planes-fly-into-us-europe/ | 2022-05-18T21:18:41Z |
Provides $7 million to scale up production capacity for pioneering sodium-ion battery
developer to tap emerging oilfield carbon reduction market
HAMILTON, Bermuda and SANTA CLARA, Calif., July 21, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR), a leading provider of advanced technology for the global energy industry, today announced that it has invested $7 million in Natron Energy, Inc. ("Natron"), a global leader in the manufacturing of sodium-ion batteries.
Natron plans to use the funds to accelerate the production of its sodium-based battery technology at its Michigan facilities, concentrating on industrial power and energy transition markets. Natron and Nabors are evaluating the introduction of sodium-ion batteries as an energy storage solution for drilling markets.
Natron's batteries, which store sodium ions in electrode materials based on Prussian blue materials, offer higher power density, longer service life, and unique safety characteristics over other battery technologies. Natron leverages existing lithium-ion manufacturing facilities for production, and its supply chain requires zero lithium, cobalt, copper, nickel, or other difficult-to-obtain minerals.
Management Comments
Anthony G. Petrello, Nabors Chairman, CEO and President, said: "As businesses accelerate the electrification of operations, the need for reliable, affordable, and environmentally responsible energy storage solutions is greater than ever before. Natron can provide a safe, cost-effective battery solution for various industrial applications. Together, Natron and Nabors will target drilling operations where Nabors has already started to combine energy storage solutions with traditional fuel-powered generators to lower emissions and fuel consumption. Following our investment in geothermal energy, emissions monitoring, and ultracapacitors, we now welcome Natron to our energy transition venture portfolio. We are excited to add to our clean energy initiatives while leveraging our existing competencies and global scale to help accelerate the commercialization of this exciting technology within the oil and gas industry."
Colin Wessells, Ph.D., Natron Co-Founder and CEO, added: "We are excited to team up with Nabors. Their investment dramatically accelerates Natron's entry into oil and gas markets. Having the global power of Nabors backing us is a game-changer that expands access to the carbon reduction initiatives in the oilfield. With this support from Nabors, Natron is accelerating the rate at which it brings its Michigan factory online for the world's first mass production of sodium-ion batteries."
About Nabors Industries
Nabors Industries is a leading provider of advanced technology for the energy industry. With operations in more than 15 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible energy production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science, and manufacturing, Nabors aims to innovate the future of energy and enable the transition to a lower carbon world. Learn more about Nabors and its energy technology leadership: www.nabors.com.
About Natron Energy
Natron Energy manufactures sodium-ion battery products based on a unique Prussian blue electrode chemistry for a wide variety of industrial power applications ranging from critical backup power systems to EV fast charging and behind-the-meter applications. Natron's mission is to transform industrial and grid energy storage markets by providing customers with lower-cost, longer-lasting, more efficient, safer batteries. Natron's products are UL 1973 listed, offer higher power density, faster recharge, and significantly longer cycle life than incumbent technologies. Natron builds its batteries using commodity materials on existing cell manufacturing lines in Michigan, USA. Learn more about Natron and its sodium-ion technology: www.natron.energy.
Contacts
Nabors Media Contact:
Brian Brooks
+1 281-775-4370
brian.brooks@nabors.com
Nabors Investor Contacts:
William C. Conroy
+1 281-775-2423
william.conroy@nabors.com
Kara Peak
+1 281-775-4954
kara.peak@nabors.com
For Natron:
Robert Rogan
Chief Business Officer
rob@natron.energy
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SOURCE Nabors Industries Ltd. | https://www.kxii.com/prnewswire/2022/07/21/nabors-announces-investment-natron-energy/ | 2022-07-21T11:24:46Z |
Cyberbank, the next-gen digital and core banking platform from Technisys, will enable Crediclub to accelerate the delivery of tailored financial products and redefine the customer experience
MIAMI, April 7, 2022 /PRNewswire/ -- Crediclub, the financial company that specializes in microfinance and digital investments in Mexico, is partnering with Technisys, to implement the next-gen digital and core banking platform, Cyberbank. Crediclub's mission is to deliver exceptional customer experiences via tailored financial products and services, increase transactional capacity, boost scalability, and build a robust and secure digital ecosystem.
Crediclub always seeks to redefine traditional concepts, implement disruptive practices, and use leadingedge technology. During the platform selection process, Crediclub analyzed the market, evaluated leading suppliers on three continents, and chose Technisys.
"We followed the market analysts' recommendations, such as Gartner, and evaluated the world's best digital solutions providers for the financial sector. The decisive factor in choosing Technisys was their ability to deliver differentiated experiences and technology, which will provide our customers the best digital experience and service," said Gabriel Ruelas, Co-Founder and Deputy General Manager of Innovation and Technology Crediclub.
The unique, end-to-end digital backbone offered by Cyberbank Digital and Cyberbank Core - the white-label digital banking platform from Technisys - will natively support key business objectives proposed in Crediclub's strategic plan to transform the lives, for the better, for more than 200 thousand people, especially Mexican women.
"Cyberbank is designed to align technology with the personal needs of each business quickly. We carry a cloud-native, API-centric platform with open banking capabilities, enabling financial institutions to develop applications and services - in real time - to meet market needs," added German Pugliese-Bassi, Co-Founder and CMO of Technisys.
Juan Francisco Fernández, Co-founder and CEO of Crediclub, added: "For us, the Technisys merger with SoFi and Galileo is significant and decisive because it shows that Cyberbank is the technology of choice by prominent fintech companies in the world and will strengthen customer-centric innovation for many more years."
Crediclub is poised to create positive, intelligent, and empathetic, end-to-end digital experiences quickly and effectively with its new solution, establishing itself as one of the most innovative and promising financial institutions in Mexico.
About Technisys
Technisys is a leading next-gen digital and core banking platform that redefines the customer experience. As a best-inclass technology platform, Technisys uniquely delivers differentiation in two keyways. By empowering financial institutions to dynamically create tailored financial products at the speed of commerce, and by offering meaningful recommendations to customers at point of need. We use data-driven insights and integrate them with our unique technology that enables structural flexibility. A flexibility that allows financial institutions to create and tailor any financial product – in real time – to deliver a seamless digital experience at every customer touchpoint whether online, on the phone, or at a branch. Giving banks and fintechs the agility to tailor offerings that become integral to a customer's lifestyle in new and profound ways, down to the segment of one.
About Crediclub
Crediclub S.A. is a regulated financial institution, with more than 2.5 million credit operations and more than $2 billion of loans granted in the segments of productive microcredit, consumer credit, and credit to SMEs, in addition to being a precursor and leader in the part of savings and digital investment. Crediclub was founded by an entrepreneurial team with
high-impact academic and work experiences with the financial support of investors from Silicon Valley and Mexico and has evolved to incorporate high-level talent in both technology and finance. Since its inception, it has focused on solving problems in the financial life of its clients using state-of-the-art technology, combining internal developments with highlevel suppliers. Its technological focus is reflected in its high-efficiency rates and outstanding customer experiences, which has allowed it to grow rapidly with high levels of financial strength.
Contact details:
José Pablo Torres CrediClub
jose.torres@crediclub.com
Marilia Ribeiro Technisys
mribeiro@technisys.com
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SOURCE Technisys | https://www.wibw.com/prnewswire/2022/04/07/crediclub-chooses-cyberbank-technisys-embrace-digital-transformation/ | 2022-04-07T16:08:04Z |
Pushes Further into the Creator Market with Launch of New Ambassador Program
NASHVILLE, Tenn., Aug. 25, 2022 /PRNewswire/ -- Parler, the growing destination for uncancelable content creators, commentators, and communities, today announced the launch of its Ambassador Program. The program will amplify the voices of younger influential creators while expanding Parler's mission and momentum both on and off the social platform.
"Parler recognizes the value and power of working closely with budding creators," said Parler CEO George Farmer. "We're committed to amplifying younger voices and giving them a home where they can speak without fear of censorship or suspension."
Selected ambassadors will be social and cultural influencers known for unique content, opinion, and perspective who appeal to broader audiences. Ambassadors may also be chosen for their innovation and impact within the Web3 and NFT/crypto space, in addition to champions of Free Speech and ideas.
Parler continues to attract some of the world's most prominent creators. Most recently, the app has featured:
- Rogan O'Handley (on Parler: @Dcdraino), a former Hollywood entertainment lawyer turned conservative commentator, focused on defending the Constitution and restoring the promise of the American Dream.
- Bryson Gray (on Parler: @RealBrysonGray), a multi-talented recording artist and conservative satirist from Tennessee best known for the hit single, "Let's Go Brandon," which achieved #1 in iTunes digital sales.
- Chandler Crump (on Parler: @chandler), a 17-year-old commentator, billboard charting musician, and political activist well known for his striking conservative views and his feature on the hit song, "Let's Go Brandon."
- Isabella Maria Deluca (Parler: @isabelladeluca), an American political activist and contributor at Turning Point USA who garnered national headlines when assaulted for carrying a Trump flag to a Women's March protest in Washington D.C.
"We're thrilled to launch Parler's Ambassador Program to provide a content-rich environment for younger influencers and their peers — a place where they can freely express their beliefs without fear of being canceled," said Christina Cravens, Parler's Chief Marketing Officer.
Creators interested in joining the Parler Ambassador Program can learn more at discover.parler.com/ambassadors.
About Parler Inc.: Parler has a bold vision to make freedom of expression, security, and privacy a reality through social media and blockchain technology. Over 16 million users have chosen Parler as their social media platform to protect against the authoritarian powers of Big Tech, Big Government, and cancel culture. Parler uses the First Amendment of the U.S. Constitution as a guide, making it possible for people to speak freely without fear of being suspended or labeled 'dangerous' and banned. Parler is the public town hall where everyone is welcome, and civil debate is encouraged around diverse topics. Founded in 2018, Parler is based in Nashville, TN, and has a growing global community of content creators. To learn more, visit https://parler.com or download on the iOS App Store now.
Press: media@parler.com
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SOURCE Parler | https://www.kxii.com/prnewswire/2022/08/25/parler-add-new-young-influencers-social-platform-continuing-growth-trend/ | 2022-08-25T11:28:50Z |
JACKSONVILLE, Fla., June 13, 2022 /PRNewswire/ -- To celebrate the upcoming Sister Cities International Southeastern Conference, Florida Sister Cities International is awarding 10 GrantWatch.com subscriptions and coaching opportunities, through a competitive process. Awardees must be present at the Sister Cities International Southeastern Conference at the Hyatt Regency Riverfront Hotel in Jacksonville, Florida on July 20, 2022, to receive the award.
GrantWatch.com CEO, Libby Hikind, will be leading several workshops and will be available during the conference. GrantWatch is the leading grant listing directory featuring more than 28,420 current grants, funding opportunities, awards, and archived grants from foundations, corporations, federal, state, and local government funding sources in the USA, U.S. Territories, Canada, and International areas.
Interested entities should submit their project utilizing the LOI template seen at the bottom of this article. Award recipients will also receive expert assistance to guide them through the prospect research and grant writing process.
Organizations, businesses, individuals, and municipalities are eligible to apply. However, awardees must be present at the conference on July 20, 2022, to receive the award. To enter, submit your Letter of Intent (LOI) by no later than June 20, 2022, to Donna Scantlebury: donna.gflsci@hotmail.com.
The conference will be at the Hyatt Regency Riverfront Hotel in Jacksonville, Florida. Additionally, this year commemorates the 55th anniversary of the Jacksonville Sister Cities Association (JSCA) and marks the bicentennial celebration for the City of Jacksonville.
The visiting delegates will also have the opportunity to engage with Sister City programs throughout the Southeastern region, SCI best practice leaders, and business entities. The conference events will provide a forum to promote goodwill and harmonious exchanges between the attendees.
The theme for the conference is "Empower, Enhance, Engage: Building Bridges for the Future." In addition, global Sister Cities representatives, international business leaders, as well as trade and government officials will be in attendance. The 17 states of the southeastern region of the U.S. and their international partners will join in this transformational process.
Taking place during July 19 -22, 2022, this four-day event will feature guest speakers, panelists, and workshops. In addition, topics will include:
- Grant Research & Grant Writing
- Media, Marketing
- Project Exchanges,
- Global Opportunities
- Diversity & Inclusion
- Along with much more!
Agenda Snapshot:
- Tuesday, July 19th – Registration, Exhibitor/Vendor Set-up, and Welcome Reception
- Wednesday, July 20th – Grant Workshops, Diversity/Inclusion, and International Gala featuring Paris Winningham, finalist from The Voice
- Thursday, July 21st – Global Opportunities Workshops, African Summit Cape Town 2023, and Membership Development Strategies
- Friday, July 22nd – Historical Tours and Business and Technical Matchmaking
For more information, the details and registration for the event can be found at www.jsca.org/conference
Registration Fees
- Early bird registration until June 10: $250
- Regular registration June 11 – July 14: $300
- On-site registration: $400
- As well as youth registration: $250
Overall, registration includes access to 12 sessions, ground transport from the hotel to program venues, reception, two lunches, and an International Gala. The conference suggests a minimum of three attendees one of which is between the ages of 13 -18. Individual sessions are $75, lunches are $60, gala is $100, and exhibitor space/ 8 ft table is $150.
Jacksonville Sister Cities Association (JSCA) is a 501 (c) 3, nonprofit organization that began in 1967. The nonprofit's mission is to foster and encourage mutual understanding, friendship, and peace through cultural, economic, educational, and professional exchanges between the people of Jacksonville and the people of our Sister and Friendship Cities. Additionally, JSCA partners with eight Sister Cities: Bahia Blanca, Argentina; Curitiba, Brazil; Changwon City, South Korea; Murmansk, Russia; Nantes, France; San Juan, Puerto Rico; Nelson Mandela Bay Municipality, South Africa and Yingkou, China with three additional Friendship Cities in China: Ningbo, Shaoxing, and Suzhou.
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SOURCE GrantWatch | https://www.wibw.com/prnewswire/2022/06/13/win-one-10-subscriptions-grantwatch-sister-cities-international-southeastern-conference-submit-your-loi-today/ | 2022-06-13T21:59:03Z |
US: Shot that killed journalist likely fired from Israelis
WASHINGTON (AP) — U.S. officials have concluded that gunfire from Israeli positions likely killed Al-Jazeera journalist Shireen Abu Akleh but that there was “no reason to believe” her shooting was intentional, the State Department said Monday.
The finding, in a statement from State Department spokesman Ned Price, came after what the U.S. said was inconclusive tests by independent ballistics experts under U.S. oversight of the bullet fragment recovered from Abu Akleh’s body.
“Ballistic experts determined the bullet was badly damaged, which prevented a clear conclusion” as to who fired the shot, Price said in the statement.
Abu Akleh, a veteran correspondent and U.S and Palestinian citizen who was well known throughout the Arab world, was shot and killed while covering an Israeli military raid on May 11 in the Jenin refugee camp in the occupied West Bank. Palestinian eyewitnesses, including her crew, say Israeli troops killed her and that there were no militants in the immediate vicinity.
Israel says she was killed during a complex battle with Palestinian militants and that only a forensic analysis of the bullet would confirm whether it was fired by an Israeli soldier or a Palestinian militant. It has strongly denied she was deliberately targeted, but says an Israeli soldier may have hit her by mistake during an exchange of fire with a militant.
U.S. security officials had examined results of both Palestinian and Israeli investigations and “concluded that gunfire from IDF positions was likely responsible for the death of Shireen Abu Akleh,” Price said.
The U.S. “found no reason to believe that this was intentional but rather the result of tragic circumstances during an IDF-led military operation against factions of Palestinian Islamic Jihad,” Price said.
___
Associated Press reporters Ilan Ben Zion in Jerusalem and Joseph Krauss in Ottawa, Ontario contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/04/us-shot-that-killed-journalist-likely-fired-israelis/ | 2022-07-04T14:30:10Z |
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Attention Missfresh Limited ("Missfresh") (NASDAQ: MF) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of persons who purchased or otherwise acquired Missfresh securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Missfresh's June 2021 initial public offering.
If you suffered a loss on your investment in Missfresh, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Missfresh includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Missfresh provided false financial figures in its registration statement and related prospectus issued in connection with the Company's June 2021 initial public offering; (2) Missfresh would need to amend its financial figures; (3) Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared.
DEADLINE: September 12, 2022
Aggrieved Missfresh investors only have until September 12, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/09/12/class-action-alert-law-offices-vincent-wong-remind-missfresh-investors-lead-plaintiff-deadline-september-12-2022/ | 2022-09-12T11:09:47Z |
TUSCON, Ariz., June 9, 2022 /PRNewswire/ -- Nurse RaDonda Vaught received a sentence of three years' probation after being convicted of criminally negligent homicide and gross neglect of an impaired adult in an incident that occurred on Dec 26, 2017. For the nurse, this ends years of wondering whether she would spend 8 years in prison, but not the questions about the event.
Nurse Vaught erroneously gave vercuronium, a paralyzing agent, to a 75-year-old patient instead of Versed, a sedating agent, prior to a procedure. She had overridden several warnings as she accessed the medication from the pharmacy cabinet. The software system issues so many warnings, often trivial or inappropriate, that it had become routine to override them so that patient care could proceed. After administering the dose, she was called away to assist in the emergency room. Tragically, the patient died.
Hundreds of workers rallied outside the courthouse during the sentencing hearing, warning that criminalizing errors would lead to more hospital deaths because of reluctance to report errors.
Nurse Vaught immediately acknowledged her error. The hospital, Vanderbilt University Medical Center, did not, however, notify the county medical examiner of an unexpected death, but attributed it to a brain bleed. The hospital also failed to notify state or federal officials of the error or the death, though they were obligated by law to do so. The incident did not become public until an anonymous tip prompted an unannounced federal inspection almost a year later, when many serious deficiencies were found.
"The nurse was criminally charged and has a felony conviction, but what happened to hospital officials responsible for reporting and correcting hazardous conditions?" asks AAPS executive director Jane Orient, M.D. "Why can paralyzing agents even be obtained by nurses for patients getting a routine scan?"
"Threatening a nurse with a decade in prison for a terrible but unintentional error does not fix the system problems or make patients safer, but it does cause capable, dedicated people to re-think their career plans."
The Association of American Physicians and Surgeons (AAPS) is a national organization representing physicians in all specialties since 1943. Its motto is omnia pro aegroto (everything for the patient).
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SOURCE Association of American Physicians and Surgeons (AAPS) | https://www.kxii.com/prnewswire/2022/06/09/nurse-gets-probation-problem-remains-states-association-american-physicians-surgeons-aaps/ | 2022-06-09T17:03:05Z |
IEA's Certified Professional in Disability Management (CPDM) Designation Now Available On-Demand
EL SEGUNDO, Calif., Aug. 18, 2022 /PRNewswire/ -- The Insurance Education Association (IEA), a leading provider of professional training programs in workers' compensation, disability management, risk management, and human resources, announces the launch of its on-demand curriculum in Disability and Absence Management.
The Certified Professional in Disability Management (CPDM) designation addresses the challenges faced by employers in the ever-changing leave and disability landscape, explores integrated disability and absence management (IDAM) components, and identifies the roles and responsibilities of those involved.
Created with contributions by leading experts in the field, the CPDM curriculum offers the mission critical skills needed to develop and manage integrated disability and absence management programs that reduce costs, increase productivity, and maintain compliance.
Now students can drive their own success at their own pace with an on-demand curriculum that offers the flexibility working adults need, while still providing the rigorous content
needed for on-the-job success.
For more information on the CPDM program, visit our website at ieatraining.org/cpdm
ABOUT IEA
IEA creates and delivers professional development and continuing education in workers' compensation, disability management and risk management. With more than 140 years in service, it provides a range of courses, seminars, and on-demand training to help insurance professionals meet their career development goals.
Learn more at ieatraining.org, Linkedin, Facebook, Instagram
Media Contact: Martina Quinn, 1-714-689-0169, or email martina@ieatraining.org
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SOURCE Insurance Education Association | https://www.kxii.com/prnewswire/2022/08/18/insurance-education-association-iea-announces-launch-on-demand-curriculum-disability-absence-management/ | 2022-08-18T16:24:46Z |
The most comprehensive accounts payable automation integration for SAP Business Suite, SAP ECC, SAP R/3, and SAP S/4HANA.
MOUNTAIN VIEW, Calif., Sept. 7, 2022 /PRNewswire/ -- Stampli, the industry-leading Accounts Payable (AP) Automation software, today announces its enhanced enterprise resource planning (ERP) integrations for SAP Business Suite, SAP ECC, SAP R/3, and SAP S/4HANA.
The comprehensive integration means that mutual enterprise customers performing any manual invoice or payment process in SAP ERP – can now be optimized with Stampli's AP Automation software.
Stampli's integration with SAP ERP is seamless as the bi-directional sync pushes and pulls data in real-time to ensure both systems are one and the same, including:
- Purchase Orders (POs) & Receiving Information
- Vendor Lists, General Ledgers (GLs) & Cost Center
- Item Types & Custom Fields
- Invoice Data & Payment Data, and More
"We are thrilled to strengthen our SAP ERP partnership to enhance invoice and payment processes for enterprise businesses, helping them control and streamline AP, all the while maintaining their existing SAP ERP investment and maintaining SAP ERP as their source of truth," shared Eyal Feldman, Chief Executive Officer and Co-founder at Stampli. "Developing fully automated and deep integrations for SAP ERP with real-time PO and receiving data is one of the many things that differentiates Stampli from its competitors."
The Stampli AP Automation integration for SAP ERP is available. For more information on the integration or to schedule a demo, visit our website here.
Stampli currently has United States office locations in Mountain View, California, and Nashville, Tennessee, and internationally in Tel Aviv, Israel, and Kiev, Ukraine. Stampli was most recently recognized in G2's 2022 Best Software Awards for "Best Software Products," "Best Accounting & Finance Products," "Best Mid-Market Products," and "Highest Satisfaction Products." Stampli also earned recognition as "The Best AP Solution for 2022" in the FinTech Breakthrough Awards; named on the "Top Fintech Companies of 2021" list by CB Insights; designated one of the "Top 50 Most Promising Startups in Israel" by CTech; named "The Best AP Automation Company in the USA" from New World Report; earned top marks by Comparably for "Best Company Outlook," "Best Company Work-Life Balance," "Best CEO," "Best Company for Women," "Best Company for Diversity," and "Best Company Culture."
Stampli is a complete AP Automation platform that brings together accounts payable communications, documentation, corporate cards, and payments all in one place, allowing AP to have full control and visibility over corporate spending. By centering communications on top of the invoice itself, AP departments collaborate and communicate better with approvers, vendors, and anyone else involved with purchases, allowing approvals to happen 5x faster.
In addition, Stampli's AI, Billy the Bot, learns an organization's unique patterns to simplify GL-coding, automate approval notifications, identify duplicate invoices, and reduce time spent on manual data entry. Stampli's flexible platform fits seamlessly into any existing processes and integrates with financial systems, including NetSuite, Sage Intacct, QuickBooks, Microsoft Dynamics, SAP, and more. For more information, visit www.stampli.com.
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SOURCE Stampli | https://www.wibw.com/prnewswire/2022/09/07/stampli-doubles-down-enterprise-with-full-sap-integration-real-time-po-receiving/ | 2022-09-07T16:48:04Z |
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE: TUP) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Tupperware investors who were adversely affected by alleged securities fraud between November 3, 2021 and May 3, 2022. Follow the link below to get more information and be contacted by a member of our team:
TUP 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: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full-year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Tupperware during the relevant time frame, you have until August 15, 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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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/08/04/tup-lawsuit-alert-levi-amp-korsinsky-notifies-tupperware-brands-corporation-investors-class-action-lawsuit-upcoming-deadline/ | 2022-08-04T10:12:08Z |
SCOTTSDALE, Ariz., Sept. 14, 2022 /PRNewswire/ -- The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, continues to gain recognition, most recently as CFO Jake Singleton has been selected as a finalist for The Arizona Chapter of Financial Executives International's 13th Annual Arizona CFO of the Year Awards. Considered the most prestigious financial executive award in Arizona, where The Joint is headquartered, Mr. Singleton is a finalist in the "Public Company" category.
Since 1931, Financial Executives International has been recognized globally as the leading organization for senior-level financial executives. The organization's annual awards recognize exemplary financial management in all types of businesses in categories such as Public Company, Private Company and Non-profit Organization. Candidates were reviewed based on a number of factors, including team development, social responsibility, innovation and financial acumen.
"It is not surprising that Jake is a finalist for this award. Jake is one of the most ethical and intelligent persons that I have had the pleasure to know. His passion for the company, his leadership skills, his incredible work ethic, all anchored in a set of core values, define him as the remarkable executive he is. Over the course of his tenure as CFO, for the three years ended December 31, 2021, the company has grown rapidly, with our clinic count rising by over 60 percent and the system-wide sales increasing at an annualized rate of nearly 30 percent," said Peter D. Holt, president and chief executive officer of The Joint Corp. "As the nation's largest operator, manager and franchisor of chiropractic clinics through The Joint Chiropractic network, we're excited to see Jake's hard work recognized in our headquarters' state of Arizona."
Millions of Americans have found relief from pain due to the benefits of chiropractic's natural, drug-free approach to healthcare. The Joint Chiropractic is known for its convenient retail setting and concierge-style services. For patients, that means no-appointments, no-insurance hassles, affordable chiropractic care and accommodating hours of operations, including evenings and weekends.
The Joint Corp. revolutionized access to chiropractic care when it introduced its retail healthcare business model in 2010. Today, it is the nation's largest operator, manager and franchisor of chiropractic clinics through The Joint Chiropractic network. The company is making quality care convenient and affordable, while eliminating the need for insurance, for millions of patients seeking pain relief and ongoing wellness. With more than 750 locations nationwide and nearly 11 million patient visits annually, The Joint Chiropractic is a key leader in the chiropractic industry. Ranked number one on Forbes' 2022 America's Best Small Companies list, number three on Fortune's 100 Fastest-Growing Companies list and consistently named to Franchise Times "Top 400+ Franchises" and Entrepreneur's "Franchise 500®" lists, The Joint Chiropractic is an innovative force, where healthcare meets retail. For more information, visit www.thejoint.com.
The Joint Corp. is a franchisor of clinics and an operator of clinics in certain states. In Arkansas, California, Colorado, District of Columbia, Florida, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Washington, West Virginia and Wyoming, The Joint Corp. and its franchisees provide management services to affiliated professional chiropractic practices.
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SOURCE The Joint Corp. | https://www.wibw.com/prnewswire/2022/09/14/joint-chiropractic-cfo-announced-finalist-cfo-year-award/ | 2022-09-14T13:28:19Z |
DALLAS (KDAF) — It’s time to bust out that all-black outfit, pick out your best eye-liner and put on the tightest pants you own. Emo Nite is coming to South Side Music Hall in Dallas on April 9.
Hear classic hits from some of your favorite emo bands and get a chance to listen to some of the best emo bands that North Texas has to offer, including Itiswhatitis.
“As emo reenters popular culture with a blend of adoring nostalgia and optimistic forward-think, Emo Nite remains an authentic space to celebrate diversity, experience passionated catharsis, and champion authentic expression.”
Emo Nite officials said on their website’s ‘About’ page.
Meet North Texas punk band Itiswhatitis
Officials say doors open at 9 p.m. and the show begins at 9 p.m. General admission tickets cost $16 and you can purchase your ticket by clicking here. | https://cw33.com/news/emo-nite-is-coming-to-dallas-on-april-9-heres-how-to-get-your-tickets/ | 2022-04-05T18:17:19Z |
TOLEDO, Ohio, July 13, 2022 /PRNewswire/ -- In conjunction with upcoming investor meetings, Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/july2022-business-update
Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers, and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada, and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com.
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SOURCE Welltower Inc. | https://www.wibw.com/prnewswire/2022/07/13/welltower-participate-investor-meetings/ | 2022-07-13T12:40:48Z |
A Debt.com poll shows more applicants had trouble following the federal government's instructions than they did last year.
FORT LAUDERDALE, Fla., June 22, 2022 /PRNewswire/ -- The two biggest complaints about the Free Application for Federal Student Aid (FAFSA) have gotten bigger this year.
A new Debt.com survey reveals that 53 percent said the biggest challenge to filling out this important application was not knowing all the financial information FAFSA is asking for, which is a 9 percent increase over last year.
Overall, 38 percent said they had trouble filling out a FAFSA form, compared to 31 percent in 2021. That's a concerning development, since the majority of student loans are federal loans, and the only way to secure this loan is by completing the 106 questions on the FAFSA form.
"The basic architecture of this crucial form is unchanged," says Debt.com President Don Silvestri. "Instead, I believe it's the people who have changed." Silvestri explains that during the pandemic, Americans had more time to focus on the complexities of compiling all the qualifying information, which ranges from a federal tax return to records of assets and untaxed income.
"FAFSA didn't get any more difficult, we had more time to decipher it because we were sheltering at home during the pandemic," Silvestri theorizes. "Now that we're back to our busy lives, it's easy to get distracted and read instructions a little less carefully."
Other findings include:
- 89% say they thought they would qualify for financial aid, but only 69% qualified.
- 15% say they received an error message when filing out the form, down 3% from last year.
- 36% say they felt the Pell Grant would involve taking on more debt, which is 2% more than last year.
Silvestri predicts these numbers will improve when Debt.com conducts the same poll next year. Big changes are coming to the FAFSA form next year – including the total number of questions being reduced to 36 questions. "I still expect some harried parents to miss key instructions, but overall, we should see a significant improvement," Silvestri says. "These changes should really help."
ABOUT: Debt.com is the consumer website where people can find help with credit card debt, student loan debt, tax debt, credit repair, bankruptcy, and more. Debt.com works with vetted and certified providers that give the best advice and solutions for consumers "when life happens."
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SOURCE Debt.com | https://www.wibw.com/prnewswire/2022/06/22/college-costs-inflation-both-skyrocket-fafsa-is-more-confusing-than-ever/ | 2022-06-22T15:47:33Z |
CHICAGO, Sept. 13, 2022 /PRNewswire/ -- Shapiro+Raj, the largest independent minority owned Future-Forward Insights Consultancy, is a top finalist across three categories – Marketing Research Supplier of the Year, Global Marketing Research Project, and B2B Research Project.
According to Quirk's Media, the Marketing Research and Insight Excellence Awards include categories covering both individual and team achievements as well as awards for best projects, market research tools, and people who give their talents to make the world a better place.
"We are delighted to celebrate the impactful work our teams do across industries. To have not just one but three finalist nominations across different categories is incredible and speaks to our ability to add value and create impact to marketing research today," said Cindy Tran, President.
"To be the only firm in the industry to have advanced to finalist across three major award categories is an exciting milestone for us. We achieved this recognition, not just by creating cool tech or cool tools, but by creating a disruptive business model that frames integrated strategic learning agendas to drive business outcomes for clients. This is vastly different than the industry approach – institutional, industrialized model of products/tools sold by project to solve tactical evaluative needs," said Zain Raj, the company's CEO.
Shapiro+Raj is a Top 25 Most Innovative Research Company and the #1 Strategic Insights Consultancy, according to Greenbook's 2022 Global GRIT report. The company is also a Nationally Certified Minority Business Enterprise.
Shapiro+Raj works with Fortune 10-500 clients to future-proof their business by finding new and unusual ways to grow in today's continually reshaping landscape. Based in North America, Shapiro+Raj is headquartered in Chicago with an office in New York, and Pune, India.
For more information on current announcements, visit https://www.shapiroraj.com/.
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SOURCE Shapiro+Raj | https://www.kxii.com/prnewswire/2022/09/13/shapiro-raj-secures-multiple-top-finalist-entries-global-marketing-research-excellence-awards/ | 2022-09-13T20:17:28Z |
Letter to the editor: Here's how to prevent mass shootings
The Repository
Without a doubt, the easiest way to prevent mass shootings is to stop voting for Republicans. Things would change quickly without Republican opposition. For the sake of your family's safety, elect Democratic candidates.
Jeff Davis, Plain Township | https://www.cantonrep.com/story/opinion/2022/06/01/letter-editor-heres-how-prevent-mass-shootings/9942332002/ | 2022-06-01T11:01:57Z |
MEXICO CITY, April 20, 2022 /PRNewswire/ -- Grupo Aeromexico S.A.B. de C.V. ("Aeroméxico") (BMV: AEROMEX), Mexico's global airline, will publish its First Quarter 2022 earnings report on:
Wednesday April 27th, 2022
After market close.
Tel: +52 (55) 9132 4257
aminvestorrelations@aeromexico.com
This press release contains certain forward-looking statements that reflect the current views and/or expectations of the Company and its management with respect to its performance, business and future events. We use words such as "believe," "anticipate," "plan," "expect,", "intend," "target," "estimate," "project," "predict," "forecast," "guideline," "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. The Company is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Grupo Aeromexico
Grupo Aeromexico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Aeroméxico, Mexico's global airline, has its main operations center in Terminal 2 of the Mexico City International Airport. Its destination network has reach in Mexico, the United States, Canada, Central America, South America, Asia and Europe. The Group's current operating fleet include Boeing 787 and 737 aircraft, as well as the latest generation Embraer 190. Aeroméxico is a founding partner of SkyTeam, an alliance that celebrates 20 years and offers connectivity in more than 170 countries, through the 19 partner airlines. Aeroméxico created and implemented a Health and Hygiene Management System (SGSH) to protect its clients and collaborators at all stages of its operation.
www.aeromexico.com
www.skyteam.com
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SOURCE Grupo Aeromexico S.A.B. de C.V. | https://www.mysuncoast.com/prnewswire/2022/04/20/grupo-aeromexico-announces-first-quarter-2022-financial-results-publication-date/ | 2022-04-21T08:30:56Z |
BOSTON, July 18, 2022 /PRNewswire/ -- Below is the June 2022 Monthly Update for the Liberty All-Star Growth Fund, Inc. (NYSE: ASG)
Liberty All-Star Growth Fund, Inc.
Ticker: ASG
Monthly Update, June, 2022
Investment Approach:
Fund Style: All-Cap Growth
Fund Strategy: Combines three growth style investment managers, each with a distinct capitalization focus (small-, mid- and large-cap) selected and continuously monitored by the Fund's Investment Advisor.
Investment Managers:
Weatherbie Capital, LLC
Small-Cap Growth
Congress Asset Management Company, LLP
Mid-Cap Growth
Sustainable Growth Advisers, LP
Large-Cap Growth
New Holdings
Agiliti, Inc.
IQVIA Holdings, Inc.
Holdings Liquidated
Illumina, Inc.
PayPal Holdings, Inc.
Ranpak Holdings Corp.
The net asset value (NAV) of a closed-end fund is the market value of the underlying investments (i.e., stocks and bonds) in the Fund's portfolio, minus liabilities, divided by the total number of Fund shares outstanding. However, the Fund also has a market price; the value at which it trades on an exchange. If the market price is above the NAV the Fund is trading at a premium. If the market price is below the NAV the Fund is trading at a discount.
Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses. Returns are calculated assuming that a shareholder reinvested all distributions. Past performance cannot predict future investment results.
Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. Shareholders must be willing to tolerate significant fluctuations in the value of their investment. An investment in the Fund involves risk, including loss of principal.
Sources of distributions to shareholders may include ordinary dividends, long-term capital gains and return of capital. The final determination of the source of all distributions in 2022 for tax reporting purposes will be made after year end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during its fiscal year and may be subject to changes based on tax regulations. Based on current estimates no portion of the distributions consists of a return of capital. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholder 1099-DIV forms after the end of the year.
All data is as of June 30, 2022 unless otherwise noted.
Liberty All-Star® Growth Fund, Inc.
1-800-241-1850
www.all-starfunds.com
libinfo@alpsinc.com
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SOURCE Liberty All-Star Growth Fund, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/18/liberty-all-star-growth-fund-inc-june-2022-monthly-update/ | 2022-07-18T20:43:41Z |
NEW YORK, May 5, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Mullen Automotive, Inc. f/k/a Net Element, Inc. (NASDAQ: MULN, NETE) between June 15, 2020 and April 6, 2022, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 5, 2022.
SO WHAT: If you purchased Mullen securities during the Class Period 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 Mullen class action, go to https://rosenlegal.com/submit-form/?case_id=5459 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 July 5, 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. 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 throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Mullen overstates its ability and timeline regarding production; (2) Mullen overstates its deals with business partners, including Qiantu Motors; (3) Mullen overstates its battery technology and capabilities; (4) Mullen overstates its ability to sell its branded products; (5) Net Element did not conduct proper due diligence into Mullen Technologies; (6) the Dragonfly K50 was not (solely) delayed due to the COVID-19 pandemic; and (7) as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Mullen class action, go to https://rosenlegal.com/submit-form/?case_id=5459 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. | https://www.kxii.com/prnewswire/2022/05/06/rosen-top-ranked-law-firm-encourages-mullen-automotive-inc-fka-net-element-inc-investors-with-losses-excess-100k-secure-counsel-before-important-deadline-securities-class-action-first-filed-by-firm-muln-nete/ | 2022-05-06T05:18:36Z |
NEW YORK, July 6, 2022 /PRNewswire/ -- Grafine Partners, an emerging alternative asset management firm that captures unique investment opportunities by partnering with next generation private markets investment talent, is pleased to announce that Founder & Managing Partner, Elizabeth Weymouth, has been selected as one of Private Equity International's "Women of Influence in Private Markets."
Private Equity International (PEI) is a leading publication covering private equity - tracking the institutions, the funds and the transactions shaping the world's private markets. PEI is part of the PEI Media Group, for which has compiled a list of 60 women of influence in private markets.
The "Women of Influence" list is global and comprises ten women from each of the major private alternative asset classes including private equity, private debt, real estate, infrastructure and venture capital as well as ten women who work across multiple alternative asset classes.
"I'm flattered to be included in this remarkable, ground-breaking set of alternative asset investors," said Ms. Weymouth. "Private markets present incredible opportunities for innovation and new ways to be creative in business – and our majority women-led team at Grafine Partners is second to none. I am very proud of everything we are accomplishing together."
PEI's recognition builds on other notable, recent industry accolades for the firm. In February Grafine Partners was named in Buyouts Insider's "Twelve Emerging Managers to Keep Your Eye on in 2022."
Grafine Partners, founded by Elizabeth Weymouth, is a majority women-led alternative investment management firm created to meet the needs of sophisticated institutional investors seeking innovative approaches to invest private capital with a focus on alignment of incentives. Grafine's differentiated focus allows it to source unique investment opportunities and execute on alpha-generating direct deals across a range of industry sectors, geographies, and capital structures that align with the evolving needs of its institutional investor network. Through a pioneering investment approach, Grafine acts as a principal investor to build profitable and scalable businesses alongside the next generation of talented industry investment managers and operating partners.
Media Contact:
Zach Kouwe/Doug Allen
Dukas Linden Public Relations
646 722-6530
grafine@dlpr.com
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SOURCE Grafine Partners | https://www.kxii.com/prnewswire/2022/07/06/private-equity-international-selects-grafine-partners-founder-elizabeth-weymouth-woman-influence-private-markets/ | 2022-07-06T15:05:09Z |
MILAN, Sept. 8, 2022 /PRNewswire/ -- Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been awarded a Pre-FEED engineering services contract by MadoquaPower2X – the Portuguese/Dutch/Danish consortium led by Madoqua Renewables along with CIP's Energy Transition Fund and Power2X to develop and operate an integrated renewable hydrogen and green ammonia plant located in Sines, Portugal. The agreement was signed at Gastech at the presence of H.E. João Galamba, Secretary of State for Environment and Energy – Government of Portugal.
The purpose of the Pre-FEED engineering services includes early studies, technology and process review, modularity and logistics analysis, front end loading of engineering required to undertake the permitting and licensing for the project.
MadoquaPower2X will use renewable energy and 500 MW of electrolysis capacity to produce annually 50,000 tons of green hydrogen along with green ammonia plant capacity of up to 500,000 kt/y with up to 600,000 t/y CO2 emissions avoided in this initial phase. It will be located in the Sines industrial zone and will generate economic growth with an activity classified as sustainable according to the latest EU Taxonomy setting up an export energy carrier value chain between the Port of Sines (Portugal) and Northwest European destinations.
João Galamba, Secretary of State for Environment and Energy – Government of Portugal: "Climate neutrality by 2050 requires bold decisions on sustainable investments with a focus on energy and climate goals. We are pleased to witness this important milestone for MadoquaPower2X and Maire Tecnimont, confirming the right path to meet the goals we have set for energy transition".
Alessandro Bernini, Chief Executive Officer of Maire Tecnimont Group and NextChem: "We are proud of this agreement with MadoquaPower2X and CIP as it targets a project with a significant impact on the renewable hydrogen-based economy in Europe. This project is a great example of sustainable European energy security, connecting the renewable potential of Portugal with Northern European energy infrastructure through green hydrogen".
Rogaciano Rebelo, Chief Executive Officer – Madoqua Renewables: "We are excited to bring Maire Tecnimont and NextChem on board to accelerate the licensing and engineering phases of our project. Maire Tecnimont Group has 70 years of engineering excellence and delivered over 1,500 chemical and power plants globally, thereby demonstrating its capacity to engineer a complex first of a kind large scale electrolysis-based ammonia project".
Logo - https://mma.prnewswire.com/media/1856645/Maire_Tecnimont_NEW_LOGO.jpg
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SOURCE Maire Tecnimont S.p.A. | https://www.kxii.com/prnewswire/2022/09/08/nextchem-maire-tecnimont-group-awarded-pre-feed-engineering-services-contract-integrated-renewable-hydrogen-green-ammonia-by-madoquapower2x-sines-portugal/ | 2022-09-08T09:07:56Z |
Owner finds dog after 8-year search: ‘We never stopped looking’
FORT MYERS, Fla. (WINK) - In dog years, it’s a reunion that took more than 50 years.
When it comes to human years, it took eight years and five months.
“I just want to tell him I’m so sorry that I didn’t find him,” Betsy Dehaan said.
In February of 2014, Harley was a lovable, adventurous pit bull, but he got a little too adventurous.
“I turned them out to go to the bathroom and turned my back for a second and they went off into the woods. And we went looking and never found Harley,” Dehaan said.
Harley vanished from his Lee County home at just a few years old.
“We searched and posted missing pet posters. We never stopped looking,” Dehaan said.
Even though he was microchipped, the search went cold. Whoever took Harley never checked the microchip to find his owner.
Fast forward to the present day, a miracle kept the love story alive.
“The dog was so sweet and behaved. He [Harley] seemed as happy as he could be,” Angie Bray said, who helped find Harley.
Bray said she found a dog that looked like Harley, malnourished, almost nothing but skin and bones.
“It made me cry. It was just so heartbreaking to think about being torn away from my animals and unable to find them,” Bray said.
She took Harley to the Cypress Lake Animal Hospital and Lee County Domestic Animal Services, and they found Dehaan’s number through the microchip.
“We got the text on Saturday. And I was like, is this a scam? We were just talking about him that morning,” Dehaan said
Dehaan no longer lives in Lee County, but when she found out Harley was safe, she drove over 1,000 miles from Missouri to meet back up with him.
Copyright 2022 WINK via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/06/owner-finds-dog-after-8-year-search-we-never-stopped-looking/ | 2022-07-07T00:19:01Z |
Seasons at Morada is located in a desirable area near historic downtown St. Augustine
ST. AUGUSTINE, Fla., Sept. 6, 2022 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce that Seasons at Morada (RichmondAmerican.com/SeasonsAtMorada), a new community in St. Augustine, is now open for sales. This exciting new neighborhood will offer nine ranch and two-story floor plans from the builder's popular Seasons™ Collection (RichmondAmerican.com/JaxSeasons), designed to put homeownership within reach for a variety of buyers.
On Saturday, September 10, 10 a.m. to 6 p.m. and Sunday, September 11, 12 to 6 p.m, prospective homebuyers are invited to visit Seasons at Morada to tour the brand-new Agate, Beech, Pearl and Hawthorn model homes. One lucky visitor will win a $100 Visa® Gift Card.*
More about Seasons at Morada:
- New ranch and two-story homes from popular Seasons™ Collection
- 9 floor plans with open layouts and designer details
- 3 to 6 bedrooms, approx. 1,390 to 2,640 sq. ft.
- Near historic downtown St. Augustine
- Close proximity to notable schools, parks and beaches via I-95
- Easy access to shopping, dining and entertainment
- Agate, Beech, Hawthorn and Pearl models open for tours!
Everyone who builds a brand-new Richmond American home from the ground up at Seasons at Morada will have the opportunity to meet with a professional design consultant to choose colors, textures, finishes and fixtures for their new living spaces. This complimentary design consultation (RichmondAmerican.com/HomeDesignFlorida) will take place at the builder's Home Gallery™, a one-of-a-kind showroom where buyers can select even the smallest details, like doorknobs and drawer pulls, to help ensure that their new home is anything but cookie-cutter.
Seasons at Morada is located at 138 Lightsey Crossing Lane in St. Augustine. Call 904.217.3381 or visit RichmondAmerican.com for more information. View health and safety updates at RichmondAmerican.com/COVID-19.
*One Visa® Gift Card Giveaway will be held in Jacksonville. SPONSORS: The Giveaway is sponsored by Richmond American Homes of Florida, LP. ELIGIBILITY: The Visa® Gift Card Giveaway is only open to residents 18 years and older in the state of Florida. The giveaway is void in all other states and U.S. territories and possessions and where prohibited by law. HOW IT WORKS: NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN THIS SWEEPSTAKES. A PURCHASE OR PAYMENT WILL NOT INCREASE A PARTICIPANT'S CHANCES OF WINNING. One (1) winner will be randomly selected from all registrations received for the drawing at the associated Richmond American Homes of Florida Seasons at Morada Grand Opening event on August 27 and 28, 2022. Drawing will take place August 28, 2022, at 6:00 p.m., and the winner will be notified that day. ONE (1) VISA® GIFT CARD (RETAIL VALUE $100) WILL BE PRESENTED TO THE WINNER. Odds of winning depend on the total number of entries received. The winner may be required to sign and return an affidavit of eligibility and publicity/liability release or an alternate winner may be selected. Richmond American Homes will notify the winners via phone after the winner's name is selected. If Richmond American Homes is unable to make contact with the winner within a 7-day period after the winner's name is selected, an alternate winner will be selected. The winner is solely liable for all taxes payable in connection with receipt of the prize. The Visa® Gift Card Giveaway is a sales promotion effort relating to the sale of real property. Visa® is a registered trademark of Visa, Inc. Visa® is not affiliated with Richmond American Homes or M.D.C. Holdings, Inc. and is not a sponsor of this promotion.
About M.D.C. Holdings, Inc.
Operating under the name Richmond American Homes, MDC's homebuilding subsidiaries have built more than 220,000 homes since 1977. Among the nation's largest homebuilders, MDC's subsidiary companies have operations in Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia and Washington. Mortgage lending, plus insurance and title services are offered by the following MDC subsidiaries, respectively: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit MDCHoldings.com.
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SOURCE M.D.C. Holdings, Inc. | https://www.kxii.com/prnewswire/2022/09/06/new-richmond-american-community-st-johns-county-now-open/ | 2022-09-06T22:07:59Z |
Washburn Softball Clinches MIAA Regular Season Title
Published: Apr. 30, 2022 at 6:54 PM CDT|Updated: 1 hours ago
TOPEKA, Kan. (WIBW) - Washburn clinched its third MIAA Regular Season Championship and its second since 2018 under Head Coach Brenda Holaday.
They rolled to a doubleheader sweep over Emporia State. They are the champs following Central Oklahoma’s loss to Pittsburg State.
The Ichabods have now won 22 games in a row.
Ginter got her 27th win on the season with her complete game in game one against Emporia State. She struck out five.
They won 13-3 win in game two. Ginter pitched four, striking out three, and Raegan Hamm pitched two innings with three strikeouts.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/30/washburn-softball-clinches-miaa-regular-season-title/ | 2022-05-01T01:37:16Z |
NAIROBI, Kenya (AP) — An airstrike by Ethiopia’s air force hit a kindergarten in the country’s embattled Tigray region, causing deaths and injuries on Friday, according to local broadcasters. It was the latest escalation of a conflict that has created a humanitarian crisis for millions of people.
Tigray Television quoted witnesses saying the afternoon attack hit a kindergarten called Red Kids Paradise in the Tigrayan capital of Mekele. It aired graphic images of children and adults with dismembered bodies in the aftermath of the attack.
Homes near the kindergarten also were hit in the strike, broadcaster Dimtsi Weyane reported.
Tigrayan officials called the airstrike “a heartless, sadistic” assault.
“This vicious regime has outdone itself with today’s deliberate targeting of a children’s building,” they said in a statement.
That statement didn’t say how many people were killed in the airstrike. But the director of Mekele’s Ayder Hospital, Kibrom Gebreselassie, said on Twitter that two children are among at least four people killed.
“More casualties are arriving. The total number so far in our hospital is 13,” he said.
The AP hasn’t been able to independently verify the footage. Ethiopian authorities didn’t immediately comment on the report.
But Ethiopia’s Government Communications Service said in a statement earlier Friday that the government will “take action targeting the military forces that are the source of the anti-peace sentiment of the Tigray Peoples Liberation Front.”
It warned people in Tigray to stay away from military equipment and training facilities used by Tigray forces.
The report of a strike on a kindergarten comes amid a resumption of fighting between Ethiopian federal forces and Tigray fighters. Both sides accused each other of restarting the war Wednesday after a lull in fighting since June 2021.
The conflict in Tigray, which began in November 2020, has killed thousands in Africa’s second-most populous country, which holds more than 115 million people. The conflict had calmed in recent months amid slow-moving mediation efforts. But last week the spokeswoman for Ethiopian Prime Minister Abiy Ahmed told journalists that Tigray authorities were “refusing to accept peace talks.”
Ethiopia’s government has said it’s ready for talks, but insists the African Union must lead the mediation efforts.
Tigray authorities have criticized the African Union’s efforts and urgently sought the resumption of telephone, banking and other services that have been largely cut off since the war began. The statement by Tigrayan authorities after Friday’s airstrike charged that the federal government isn’t interested in peace talks.
The conflict has created a humanitarian crisis for millions of people affected by the fighting in the Amhara and neighboring Afar regions, while thousands of Tigrayans now live in refugee camps in Sudan. | https://cw33.com/news/international/ap-international/ap-airstrike-hits-kindergarten-in-capital-of-ethiopias-tigray/ | 2022-08-27T11:14:31Z |
TORONTO, Aug. 4, 2022 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape, has published its 2022 IT Service Management (ITSM) Emotional Footprint, with seven top software providers identified as Champions in the Enterprise and Midmarket spaces.
ITSM software supports the various processes carried out by an IT department's service desk, such as service request fulfillment, incident management, and problem management. As many employees around the world continue to work remotely, organizations are rapidly increasing their digital transformation efforts with a focus on hyperautomation and AI-powered service management to help resolve service tickets faster, saving both time and money.
To support organizations searching for the right ITSM software for their unique needs, SoftwareReviews has identified the top ITSM software providers for the year based on verified survey data collected from 1,475 end-user reviews. These providers have received high scores on SoftwareReviews' Emotional Footprint.
The Net Emotional Footprint (NEF) of each software provider is a result of aggregated emotional response ratings across the areas of service, negotiation, product impact, conflict resolution, strategy, and innovation. The NEF is a powerful indicator of overall user sentiment toward the provider and its product from the software user's point of view.
The 2022 Enterprise IT Service Management Software Champions are as follows:
- TeamDynamix ITSM, 87 NEF, ranked high for being reliable.
- Ivanti Neurons for ITSM, 85 NEF, ranked high for unique features.
- OMNITRACKER, 87 NEF, ranked high for being respectful.
The 2022 Midmarket IT Service Management Software Champions are as follows:
- Freshservice, 90 NEF, ranked high for being efficient.
- TeamDynamix ITSM, 87 NEF, ranked high for having integrity.
- TOPdesk ITSM, 88 NEF, ranked high for including product enhancement.
- C2 ATOM, 88 NEF, ranked high for continually improving.
SoftwareReviews' comprehensive software reviews provide the most accurate and detailed view of a complicated and ever-changing market. The data comes from real end users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
To compare and evaluate ITSM providers using the most in-depth and unbiased analyst reports available, visit SoftwareReviews' IT Service Management dedicated category page.
For more information about SoftwareReviews, the Data Quadrant, or Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com and connect via LinkedIn, Twitter, and Facebook.
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
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SOURCE SoftwareReviews | https://www.kxii.com/prnewswire/2022/08/04/softwarereviews-latest-report-reveals-best-it-service-management-solutions-improve-service-ticket-resolution/ | 2022-08-04T18:45:48Z |
- Designation provides fast track reviews and a 30% fungible tax credit for all future clinical development expenses
- Company on track to submit IND in 2023
DOYLESTOWN, Pa., May 31, 2022 /PRNewswire/ -- SteroTherapeutics LLC, a clinical-stage company targeting metabolic and rare diseases, today announced that the U.S. Food and Drug Administration (FDA) granted Orphan Drug Designation for ST-003, a novel galanin receptor inhibitor, for the treatment of primary sclerosing cholangitis (PSC). PSC is a rare, heterogeneous, idiopathic, inflammatory disorder of the bile ducts resulting in strictures and scarring of the ducts that can gradually cause serious liver damage. ST-003 is designed to halt the impact of excessive galanin concentrations that increase cholangiocyte proliferation and fibrogenesis, as demonstrated in humans and in specific mouse models.
"This important designation is a milestone in the development of ST-003 and highlights the need for potential new treatment options for patients with PSC," said Manohar Katakam, Ph.D., Chief Executive Officer of SteroTherapeutics. "Orphan designation for ST-003 is a critical step toward clinical development as we now have fast track reviews and a 30% fungible tax credit for all future clinical development expenses. ST-003 has the potential to be an important treatment by addressing a host of disease factors found in the PSC disease state. We are especially pleased that this is the second program in our pipeline to receive this designation, as it validates and adds value to our programs."
SteroTherapeutics expects to submit an Investigational New Drug (IND) application to the FDA for ST-003 in 2023 and marks the second program, following ST-002 for the treatment of Cushing's syndrome, to receive Orphan Drug Designation by the FDA.
FDA Orphan Drug Designation is granted to investigational therapies addressing rare medical diseases or conditions that affect fewer than 200,000 people in the United States. Orphan drug status provides benefits to drug developers, including assistance in the drug development process, tax credits for clinical costs, exemptions from certain FDA fees and seven years of post-approval marketing exclusivity.
About Primary Sclerosing Cholangitis:
Primary sclerosing cholangitis (PSC) is a chronic liver disease in which the bile ducts inside and outside the liver become inflamed and scarred, and eventually narrowed or blocked. When this happens, bile builds up in the liver and causes further liver damage.
About SteroTherapeutics:
SteroTherapeutics, a clinical stage company is focused on developing novel orphan disease therapeutics with significant unmet needs as well as potentially larger indications affecting large patient populations. SteroTherapeutics' lead programs, ST-002 to treat Cushing's syndrome, ST-003 to treat primary sclerosing cholangitis and ST-004 to treat multiple myeloma, have been proven in previous animal and human studies to possess a strong safety profile and established mechanisms of action. Both ST-002 and ST-003 have received Orphan Drug Designation from the U.S. FDA. The company's strategic intent is to focus on platform technologies and corresponding disease pathways in disease states with significant unmet or underserved medical needs. In each individual disease target SteroTherapeutics embraces the opportunity to provide safe, effective treatments and restore an optimal quality of life. Learn more at sterotx.com
Investor/Media Contact:
Lisa Sher
lsher@sterotx.com
Tel: 970-987-2654
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SOURCE Sterotherapeutics LLC | https://www.wibw.com/prnewswire/2022/05/31/sterotherapeutics-granted-orphan-drug-designation-st-003-novel-drug-candidate-treatment-primary-sclerosing-cholangitis/ | 2022-05-31T12:27:02Z |
- Revenues for the quarter ended March 31, 2022 total $4.4 billion, net loss is $229 million, pretax loss is $189 million, and adjusted pretax loss is $51 million
- Delivers early progress on its Alliances, Advanced Delivery and Accounts initiatives
- Issues outlook for the fiscal year beginning April 2022
NEW YORK, May 4, 2022 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended March 31, 2022.
"In Kyndryl's first full quarter as an independent company, we've expanded our technology ecosystem and invested in our people to better serve our customers and drive toward profitable revenue growth," said Kyndryl Chairman and Chief Executive Officer Martin Schroeter.
"I'm enthusiastic about our momentum. We're making meaningful progress on our three key initiatives – Alliances, Advanced Delivery and Accounts – which focus on expanding our relationships with key technology partners, transforming our service delivery through upskilling and automation, and proactively addressing existing accounts with substandard margins. We'll continue executing on this strategy to drive shareholder value."
Results for the Quarter Ended March 31, 2022
For the quarter ended March 31, 2022, Kyndryl reported revenues of $4.4 billion, which represented a year-over-year decline of 7%, or 3% in constant currency. Compared to prior-year pro forma revenues, revenues declined 6%, or 2% in constant currency. Signings totaled $3.1 billion, an increase of 27% in constant currency, compared to pro forma signings in first quarter 2021. Signings for advisory & implementation services grew 50% in constant currency compared to pro forma signings in first quarter 2021.
The Company reported a pretax loss of $189 million and a net loss of $229 million, or $1.02 per diluted share, in the quarter, compared to a net loss of $494 million in the prior-year period.
Kyndryl reported an adjusted pretax loss of $51 million, compared to a pro forma adjusted pretax loss of $64 million in the prior-year period. Currency movements had a $34 million negative year-over-year impact on adjusted pretax income. The Company generated adjusted EBITDA of $536 million, compared to $605 million pro forma adjusted EBITDA in the prior-year period, primarily driven by a $51 million negative impact from currency movements.
Cash flow from operations was $189 million, and adjusted free cash flow was $136 million.
"Our results include the initial benefits of our freedom of action as an independent company," said Kyndryl Chief Financial Officer David Wyshner. "I'm especially encouraged by the support this quarter from our Alliances, Advanced Delivery and Accounts initiatives, which over the next three to five years will each contribute hundreds of millions of dollars to our pretax income."
Recent Developments
- Progress on our initiatives – In the quarter, the Company began marketing cloud-related services tied to hyperscaler alliances, completed its first signings and built a pipeline of more than $1 billion of signings opportunities. As part of the Advanced Delivery initiative, the Company redeployed over 900 delivery professionals to serve new revenue streams and backfill attrition, generating annualized savings of roughly $46 million. In its Accounts initiative, the Company began to address accounts with substandard margins, resulting in $26 million of annualized benefits.
- Global strategic partnerships – The Company continued to sign significant strategic partnerships, including with Amazon Web Services as a premier global alliance partner. Through this hyperscaler partnership, Kyndryl is providing solutions for enterprise customers and offering state-of-the-art customer solutions and services through the AWS Cloud Center of Excellence. This partnership is in addition to Kyndryl's alliances with Microsoft Azure and Google Cloud, signed in late 2021.
The Company has also announced strategic alliances in direct support of its practice areas, including: - Technology certifications – The Company further increased its cloud-related capabilities, with Kyndryl having more than 17,500 hyperscaler certifications among its employees at the end of the quarter, a 10% increase from year-end.
- Change in fiscal year – As previously announced, Kyndryl changed its fiscal year-end from December 31 to March 31, effective for the fiscal year that began April 1, 2022 and ends March 31, 2023. This change moves Kyndryl's year-end away from the holiday season and many of its customers' year-ends, which the Company believes will be better for its customers and customer relationships.
- Transaction-related costs – The Company's reported results reflect $58 million of transaction-related costs associated with its spin-off, including systems migration and rebranding costs.
Outlook
Kyndryl is providing the following outlook for its fiscal year beginning April 1, 2022 and ending March 31, 2023:
- Double-digit constant-currency signings growth compared to pro forma signings in calendar year 2021
- Revenue of $16.5 to $16.7 billion, which includes an approximately $1.0 billion or six-percentage-point negative currency impact. This represents a decline of (4)% to (3)% in constant currency compared to pro forma revenue for the twelve months ended March 31, 2022
- Adjusted EBITDA margin of 13% to 14%, reflecting currency headwinds and spin-off-related impacts on amortization, as discussed below
- Adjusted pretax margin of 0% to 1%, consistent with calendar year 2021 pro forma results
These projected amounts compare to signings of $13.5 billion, pro forma signings of $13.9 billion, revenue of $18.7 billion, pro forma revenue of $18.5 billion, pretax loss of $1.9 billion, net loss of $2.3 billion, adjusted EBITDA of $2.0 billion, pro forma adjusted EBITDA of $2.7 billion and pro forma adjusted pretax income of $114 million in the year ended December 31, 2021.
Based on recent exchange rates, currency movements are negatively impacting fiscal 2023 revenue by approximately $1.0 billion, adjusted EBITDA by approximately $200 million or 30 basis points, and adjusted pretax income by approximately $100 million or 60 basis points compared to calendar year 2021. Forecasted EBITDA also reflects a 60-basis-point negative impact from certain software being expensed rather than capitalized and amortized.
Forecasted amounts are based on currency exchange rates as of April 2022. A reconciliation of forward-looking non-GAAP financial information is not included in this release because the individual components of such reconciliation are not currently available without unreasonable effort. For the same reason, we are unable to address the probable significance of the unavailable information, which could be material to future results.
Earnings Conference Call and Webcast
Kyndryl's earnings call for the quarter ended March 31, 2022 is scheduled to begin at 8:30 a.m. ET on May 5, 2022. The live webcast can be accessed by visiting https://investors.kyndryl.com/events-and-presentations/events/ on Kyndryl's investor relations website or by dialing 866-831-8713 (from the U.S.) or 203-518-9797 (from all other locations), and providing conference ID KD0505. A slide presentation will be made available on the same website shortly before the call on May 5, 2022. Following the event, replays will be available via webcast for twelve months at https://investors.kyndryl.com/events-and-presentations/events/ and by telephone for two days by dialing 800-839-6975 (from the U.S.) or 402-220-6061 (from all other locations).
About Kyndryl
Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider. The Company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. Kyndryl's nearly 90,000 employees serve over 4,000 customers in more than 100 countries around the world, including 75 percent of the Fortune 100 companies. For more information, visit www.kyndryl.com
Forward-Looking and Cautionary Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release, including statements concerning the Company's plans, objectives, goals, beliefs, business strategies, future events, business condition, results of operations, financial position, business outlook and business trends and other non-historical statements, including without limitation the information presented in the "Outlook" section of this press release, are forward-looking statements. Such forward-looking statements often contain words such as "will," "anticipate," "predict," "project," "contemplate," "plan," "forecast," "estimate," "expect," "intend," "target," "may," "should," "would," "could," "seek," "aim" and other similar words or expressions or the negative thereof or other variations thereon. Forward-looking statements are based on the Company's current assumptions and beliefs regarding future business and financial performance.
The Company's actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, risks related to the Company's recent spin-off from IBM, failure to attract new customers, retain existing customers or sell additional services to customers; technological developments and the Company's response to such developments; failure to meet growth and productivity objectives; competition; impacts of relationships with critical suppliers; inability to attract and retain key personnel and other skilled employees; impact of local legal, economic, political, health and other conditions, including the COVID-19 pandemic; a downturn in economic environment and customer spending budgets; damage to the Company's reputation; inability to accurately estimate the cost of services and the timeline for completion of contracts; service delivery issues; the Company's ability to successfully manage acquisitions, alliances and dispositions, including integration challenges, failure to achieve objectives, the assumption of liabilities, and higher debt levels; the impact of our business with government customers; failure of the Company's intellectual property rights to prevent competitive offerings and the failure of the Company to obtain necessary licenses; risks relating to cybersecurity and data privacy; adverse effects from tax matters and environmental matters; legal proceedings and investigatory risks; impact of changes in market liquidity conditions and customer credit risk on receivables; the Company's pension plans; the impact of foreign currency fluctuations; and risks related to the Company's common stock and the securities market.
Additional risks and uncertainties include, among others, those risks and uncertainties described in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and may be further updated from time to time in the Company's periodic filings with the Securities and Exchange Commission. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements.
In this release, certain amounts may not add due to the use of rounded numbers; percentages presented are calculated based on the underlying amounts.
Non-GAAP Financial Measures
In an effort to provide investors with additional information regarding its results, the Company has provided certain metrics that are not calculated based on generally accepted accounting principles (GAAP), such as constant-currency results, adjusted EBITDA, adjusted pretax income, adjusted free cash flow, pro forma adjusted EBITDA and pro forma adjusted pretax income. Such non-GAAP metrics are intended to supplement GAAP metrics, but not to replace them. The Company's non-GAAP metrics may not be comparable to similarly titled metrics used by other companies. Definitions of non-GAAP metrics and reconciliations of non-GAAP metrics for historical periods to GAAP metrics are included in the tables in this release.
Pro Forma Financial Information
This press release also includes certain pro forma financial information. The pro forma adjustments assume that the Company's spin-off from IBM and related transactions occurred as of January 1, 2020. The pro forma financial information is unaudited and is presented for illustrative purposes only and is not necessarily indicative of the operating results or financial position that would have occurred if the relevant transactions had been consummated on the date indicated, nor is it indicative of future operating results. The pro forma financial information presented includes adjustments that would not be included in the pro forma financial statements contained in a registration statement filed with the Securities and Exchange Commission that contain pro forma information prepared in accordance with Regulation S-X under the Securities Act of 1933.
Investor Contact:
Lori Chaitman
lori.chaitman@kyndryl.com
Media Contact:
Ed Barbini
edward.barbini@kyndryl.com
Table 4
NON-GAAP METRIC DEFINITIONS AND RECONCILIATIONS
(dollars in millions, except signings)
We report our financial results in accordance with GAAP. We also present certain non-GAAP financial measures to provide useful supplemental information to investors. We provide these non-GAAP financial measures as we believe it improves visibility to management decisions and their impacts on operational performance; enables better comparison to peer companies; and allows us to provide a long-term strategic view of the business going forward.
Constant-currency information compares results between periods as if exchange rates had remained constant period over period. We define constant-currency revenues as total revenues excluding the impact of foreign exchange rate movements and use it to determine the constant-currency revenue growth on a year-over-year basis. Constant-currency revenues are calculated by translating current period revenues using corresponding prior-period exchange rates.
Adjusted pretax income is defined as pretax income excluding transaction-related costs, pension costs other than pension servicing costs and multi-employer plan costs, stock-based compensation, amortization of intangible assets, workforce rebalancing charges, impairment expense, significant litigation costs and foreign currency impacts of highly inflationary countries. Adjusted pretax margin is calculated by dividing adjusted pretax income, as defined above, by revenue.
Pro forma adjusted pretax income is adjusted pretax income, further adjusted for excess cost allocations from our former Parent, incremental costs to support independence and growth, other adjustments related to post-Separation commercial pricing agreements with IBM, the portion of the IBM business that was conveyed to Kyndryl and ongoing effects of the Separation-related transactions. Pro forma adjusted pretax margin is calculated by dividing pro forma adjusted pretax income, as defined above, by pro forma revenue.
Management uses adjusted pretax income, pro forma adjusted pretax income, adjusted pretax margin and pro forma pretax margin to evaluate our performance. Management also uses these metrics when publicly providing our business outlook. We believe adjusted pretax income, pro forma adjusted pretax income, adjusted pretax margin and pro forma adjusted pretax margin are helpful supplemental metrics for investors in evaluating our operating performance because they can be used by investors to measure a company's operating performance without regard to items excluded from the calculation of such measure, which can vary substantially from company to company. Adjusted pretax income, pro forma adjusted pretax income, adjusted pretax margin and pro forma adjusted pretax margin eliminate the impact of expenses that do not relate to core business performance. These measures are financial measures that are not recognized under U.S. GAAP and should not be considered as an alternative to net income (loss) or other measures of financial performance or liquidity derived in accordance with U.S. GAAP.
Adjusted EBITDA is defined as net income (loss) excluding net interest expense, income taxes, depreciation and amortization (excluding depreciation of right-of-use assets and amortization of capitalized contract costs), transaction-related costs, pension costs other than pension servicing costs and multi-employer plan costs, stock-based compensation, workforce rebalancing charges, impairment expense, significant litigation costs, and foreign currency impacts of highly inflationary countries.
Pro forma adjusted EBITDA is adjusted EBITDA, further adjusted for excess cost allocations from our former Parent, incremental costs to support independence and growth, other adjustments related to post-Separation commercial pricing agreements with IBM, the portion of the IBM business that was conveyed to Kyndryl and ongoing effects of Separation-related transactions.
Adjusted EBITDA margin is calculated by dividing adjusted EBITDA, as defined above, by revenue. Pro forma adjusted EBITDA margin is calculated by dividing pro forma adjusted EBITDA, as defined above, by pro forma revenue.
Management uses adjusted EBITDA, pro forma adjusted EBITDA, adjusted EBITDA margin and pro forma adjusted EBITDA margin to evaluate our performance. Management also uses these metrics when publicly providing our business outlook. We believe they are a helpful supplemental measure to assist investors in evaluating our operating results as they exclude certain items whose fluctuation from period to period do not necessarily correspond to changes in the operations of our business. Adjusted EBITDA, pro forma adjusted EBITDA, adjusted EBITDA margin and pro forma adjusted EBITDA margin are financial measures that are not recognized under U.S. GAAP and should not be considered as an alternative to net income (loss) or other measures of financial performance or liquidity derived in accordance with U.S. GAAP.
Adjusted free cash flow is defined as cash flow from operations after adding back transaction-related costs and workforce rebalancing payments less net capital expenditures. Management uses adjusted free cash flow as a measure to evaluate its operating results, plan strategic investments and assess our ability and need to incur and service debt. We believe adjusted free cash flow is a useful supplemental financial measure to aid investors in assessing our ability to pursue business opportunities and investments and to service our debt. Adjusted free cash flow is a financial measure that is not recognized under U.S. GAAP and should not be considered as an alternative to cash flows from operations or liquidity derived in accordance with U.S. GAAP.
Signings are defined by Kyndryl as an initial estimate of the value of a customer's commitment under a contract. We calculate this based on various considerations including the type and duration of the agreement as well as the presence of termination charges or wind-down costs. Contract extensions and increases in scope are treated as signings only to the extent of the incremental new value. Signings can vary over time due to a variety of factors including, but not limited to, the timing of signing a small number of larger outsourcing contracts. The conversion of signings into revenue may vary based on the types of services and solutions, customer decisions and other factors, which may include, but are not limited to, macroeconomic environment or external events. Pro forma signings reflect the portion of the IBM business that was conveyed to Kyndryl and the ongoing effects of the Separation-related transactions. Management believes that the estimated value of signings provide insight into the Company's potential future revenue, and management uses signings as a tool to monitor the performance of the business including the business' ability to attract new customers and sell additional scope into our existing customer base, as well as views signings as useful decision-making information for investors.
Reconciliation of GAAP revenue to pro forma revenue
Reconciliation of net income (loss) to adjusted pretax income (loss) and adjusted EBITDA
Reconciliation of net income (loss) to pro forma adjusted pretax income and pro forma adjusted EBITDA
Reconciliation of cash flow from operations to adjusted free cash flow
Reconciliation of signings to pro forma signings (in billions)
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SOURCE Kyndryl | https://www.mysuncoast.com/prnewswire/2022/05/04/kyndryl-reports-quarterly-results/ | 2022-05-04T22:05:55Z |
ARLINGTON, Va., April 7, 2022 /PRNewswire/ -- Today, American Trucking Associations President and CEO Chris Spear announced the federation has hired Megan Masitto as the organization's new chief financial officer.
"We are extremely lucky to be able to add someone with Megan's depth of expertise and breadth of experience to our leadership team at ATA," Spear said. "With a background that includes extensive work in the non-profit and association world, as well as in the private sector, I'm confident that she will help ATA move forward in pursuit of our strategic goals on behalf of our industry and our members."
Masitto comes to ATA with more than 25 years of experience, primarily in service of trade associations and their affiliates. At previous employers including the National Rural Electric Cooperative Association, CliftonLarsonAllen LLP, the Council on Foundation and the American Society for Training and Development, she modernized and oversaw the processes and tools used to manage organization's finances.
"I'm pleased to be joining such a dynamic leadership group, representing such a critical and essential industry," Masitto said. "I'm looking forward to supporting ATA's efforts at this exciting time for the association and industry."
Masitto holds an MBA from Liberty University and earned an undergraduate degree from Pensacola Christian College.
American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nation's freight. Follow ATA on Twitter or on Facebook. Trucking Moves America Forward.
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SOURCE American Trucking Associations | https://www.kxii.com/prnewswire/2022/04/07/ata-welcomes-megan-masitto-new-cfo/ | 2022-04-07T16:47:59Z |
Court records: Man shot, killed after offering man a ride
INDEPENDENCE, Mo. (AP) — Court records say a Kansas City, Missouri, man fatally shot a Kansas man who offered to give him a ride because it was raining.
Twenty-eight-year-old Aaron Simmons Jr. was charged Friday with second-degree murder and armed criminal action in the death of 32-year-old David Rowe.
The Olathe, Kansas, man was shot four times Tuesday night outside a closed Independence gas station.
The probable cause statement said Rowe’s girlfriend told police that Simmons became angry when they drove near him, alleging that they “almost hit him.” She said Rowe rolled down the window and said they just wanted to give him a ride, and Simmons threatened to shoot him.
She said Rowe then got out of the SUV and challenged the man to shoot him. The girlfriend then heard gunshots.
The probable cause statement said police got a tip after a surveillance video of the suspect was circulated on local newscasts. The tipster reported overhearing Simmons talking about the shooting.
Shell casings found at the scene later were matched to a firearm found in Simmon’s home.
Simmons is jailed on a $250,000 cash-only bond. No attorney is listed for him in online court records. And court records said he declined to speak to a detective.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/02/court-records-man-shot-killed-after-offering-man-ride/ | 2022-04-02T18:29:54Z |
- Net income of $24 million, consistent with prior quarter and 31% higher than second quarter 2021
- Net income of $48 million for first six months of 2022, compared to $37 million for first six months of 2021
- Earnings per diluted common share of $1.73 and $3.43 for the three and six months ended June 30
- Return on average assets of 1.32% and 1.31% for the three and six months ended June 30
- Return on average common equity and return on average tangible common equity of 11.48% and 19.21%, respectively, for second quarter 2022
- Regulatory approvals for Charter merger received
GREEN BAY, Wis., July 19, 2022 /PRNewswire/ -- Nicolet Bankshares, Inc. (NYSE: NIC) ("Nicolet" or the "Company") announced second quarter 2022 net income of $24 million and earnings per diluted common share of $1.73, compared to $24 million and $1.70 for first quarter 2022, and $18 million and $1.77 for second quarter 2021, respectively. Annualized quarterly return on average assets was 1.32%, 1.30% and 1.62%, for second quarter 2022, first quarter 2022 and second quarter 2021, respectively.
Net income for the six months ended June 30, 2022 was $48 million and earnings per diluted common share was $3.43, compared to net income of $37 million and earnings per diluted common share of $3.52 for the first half of 2021. Annualized return on average assets was 1.31% and 1.63% for the first six months of 2022 and 2021, respectively.
On March 29, 2022, the Company entered into a definitive merger agreement with Charter Bankshares, Inc. ("Charter") pursuant to which Charter will merge with and into Nicolet. Nicolet expects to issue approximately 1.26 million shares of Nicolet common stock and $38.8 million in cash for the acquisition of Charter. At March 31, 2022, Charter had total assets of $1.1 billion. As of July 12, 2022, all regulatory approvals for the Charter merger had been received. The merger is expected to close in the third quarter of 2022, subject to customary closing conditions.
"Despite the potential distractions of rate hikes and inflationary pressures, our team has remained focused on serving our customers. This focus has resulted in strong fundamental performance, including good loan growth, across our core customer base," said Mike Daniels, President and CEO of Nicolet. "Our customers continue to show that they are smart and resilient as they have kept their balance sheets strong and remain on solid ground. The partnership between our bankers and customers continues to create the shared success upon which Nicolet was founded."
"Our focus on asset quality and bringing back Ag loan participations have been executed well by our team. Our credit quality remains very strong, and nonperforming assets and charge-offs have declined for the second consecutive quarter. We also repurchased approximately $100 million in previously participated Ag loans this quarter which has helped us deliver on our strategies in the Ag sector. The team has done a good job in a short time," Daniels added.
Executive Vice President Eric Witczak commented, "As with all our merger integrations, we remain as focused on the people side as we do the systems side. We believe that we found some wonderful community-focused people, led by Paul Kohler, that will bring the Nicolet story to life in Western Wisconsin and Minnesota."
The Company's financial performance and certain balance sheet line items were impacted by the timing and size of Nicolet's 2021 acquisitions, Mackinac Financial Corporation ("Mackinac") on September 3, 2021 and County Bancorp, Inc. ("County") on December 3, 2021. Certain income statement results, average balances and related ratios for 2021 include partial contributions from Mackinac and County, each from the respective acquisition date. At acquisition, Mackinac added assets of $1.5 billion, loans of $0.9 billion, and deposits of $1.4 billion, while at acquisition County added assets of $1.4 billion, loans of $1.0 billion, and deposits of $1.0 billion.
At June 30, 2022, period end assets were $7.4 billion, an increase of $50 million (1%) from March 31, 2022, including strong loan growth, partly offset by lower cash and cash equivalents. Total loans increased $295 million (6%) from March 31, 2022, with solid organic loan growth in agricultural, commercial and industrial, and residential first mortgage loans, as well as the repurchase of approximately $100 million previously participated agricultural loans. Excluding the purchased agricultural loans, organic loan growth was 4% from March 31, 2022. Total deposits of $6.3 billion at June 30, 2022, increased $55 million (1%) from March 31, 2022, primarily noninterest-bearing deposits. Total capital was $839 million at June 30, 2022, an increase of $3 million since March 31, 2022, with current quarter earnings partly offset by unfavorable changes in the fair value of available for sale securities and common stock repurchases.
Nonperforming assets were $42 million and represented 0.56% of total assets at June 30, 2022, compared to $49 million or 0.68% at March 31, 2022. The allowance for credit losses-loans was $51 million and represented 1.02% of total loans at June 30, 2022, compared to $50 million and 1.07% at March 31, 2022, reflecting strong loan growth, solid asset quality trends, and negligible net charge-offs.
Net income for second quarter 2022 was $24 million, consistent with net income of $24 million for first quarter 2022.
Net interest income was $55 million for second quarter 2022, up slightly ($1 million) from first quarter 2022, reflecting strong loan volumes and one additional day in the quarter, though still pressured on rates from competitive pricing and the lag in repricing to current market interest rates. Average interest-earning assets of $6.6 billion were down $132 million from first quarter 2022. Average loans of $4.8 billion grew $150 million over first quarter 2022, including both organic loan growth and the repurchase of previously participated agricultural loans, while other interest-earning assets were down $279 million, mostly cash, and average investments were minimally changed. Average interest-bearing liabilities of $4.4 billion decreased $258 million from first quarter 2022, primarily average interest-bearing deposits due to a reduction in retail deposits.
The net interest margin for second quarter 2022 was 3.34%, up 11bps from 3.23% for first quarter 2022. The yield on interest-earning assets increased 13bps (to 3.61%) largely due to the change in mix of interest-earning assets, which shifted to 73% loans, 24% investments, and 3% other interest-earning assets (mostly cash) for second quarter 2022 compared to 70% loans, 23% investments, and 7% other interest-earning assets for first quarter 2022. The cost of funds increased 5bps (to 0.40%) for second quarter 2022, attributable mainly to the repricing of deposits and funding in the higher interest rate environment.
Noninterest income was $14 million for second quarter 2022, down $2 million (11%) compared to first quarter 2022. Net mortgage income of $2 million was down $1 million from first quarter 2022, primarily due to lower gains on sales from declining secondary market volumes. Trust services fee income and brokerage fee income combined decreased $0.7 million (12%) from first quarter 2022, mostly from unfavorable market-related declines. Card interchange income grew $0.4 million (14%) over first quarter 2022 on higher volume and activity. Other noninterest income was down $0.6 million between the sequential quarters mostly due to an $0.8 million unfavorable change in the fair value of nonqualified deferred compensation plan assets from recent market declines, partly offset by $0.2 million higher net loan servicing revenue. Both quarters also included net asset gains primarily related to sales of other real estate owned (mostly closed bank branch locations).
Noninterest expense of $37 million decreased $1 million (3%) from first quarter 2022. Personnel expense decreased $1.5 million (7%) from first quarter 2022, largely due to the offsetting change to the nonqualified deferred compensation plan liabilities and lower health claim experience, partly offset by higher salary expense from the increase in hourly pay or base salary effective at the end of March 2022, which benefitted 67% of our employee base. Non-personnel expenses increased $0.5 million (3%), largely due to $0.5 million higher merger-related expense, $0.2 million higher marketing (timing of marketing campaigns and community support), and $0.2 million higher data processing (volume-based), partly offset by a $0.3 million decline in other noninterest expense from lower costs to carry closed bank branches given the recent sales.
Nicolet Bankshares, Inc. is the bank holding company of Nicolet National Bank, a growing, full-service, community bank providing services ranging from commercial, agricultural and consumer banking to wealth management and retirement plan services. Founded in Green Bay in 2000, Nicolet National Bank operates branches in Northeast and Central Wisconsin, Northern Michigan and the upper peninsula of Michigan. More information can be found at www.nicoletbank.com.
This communication contains non-GAAP financial measures, such as non-GAAP net income, non-GAAP earnings per diluted common share, tangible book value per common share, return on average tangible common equity, and tangible common equity to tangible assets, where management believes such measures to be helpful to management, investors and others in understanding Nicolet's results of operations or financial position. When non-GAAP financial measures are used, the comparable GAAP financial measures, as well as the reconciliation of the non-GAAP measures to the GAAP financial measures, are provided. See "Reconciliation of Non-GAAP Financial Measures (Unaudited)" below. The non-GAAP net income measure and related reconciliation provide information useful to investors in understanding the operating performance and trends of Nicolet and also aid investors in comparing Nicolet's financial performance to the financial performance of peer banks. Management considers non-GAAP financial ratios to be critical metrics with which to analyze and evaluate financial condition and capital strengths. While non-GAAP financial measures are frequently used by stakeholders in the evaluation of a corporation, they have limitations as analytical tools and should not be considered in isolation or as a substitute for analyses of results as reported under GAAP.
Certain statements contained in this communication, which are not statements of historical fact, constitute forward-looking statements within the meaning of the federal securities law. Such statements include, but are not limited to, statements about Nicolet's business plans, objectives, expectations and intentions, including without limitation Nicolet's prospects and pipelines looking strong and business focus moving forward, as well as certain plans, expectations, goals, the expected closing date of the Charter merger as well as the projections and benefits relating to the proposed merger between Nicolet and Charter, all of which are subject to numerous assumptions, risks and uncertainties. Words or phrases such as "anticipate," "believe," "aim," "can," "conclude," "continue," "could," "estimate," "expect," "foresee," "goal," "intend," "may," "might," "outlook," "possible," "plan," "predict," "project," "potential," "seek," "should," "target," "will," "will likely," "would," or the negative of these terms or other comparable terminology, as well as similar expressions, are intended to identify forward-looking statements but are not the exclusive means of identifying such statements.
Forward-looking statements are not historical facts but instead express only management's beliefs regarding future results or events, many of which, by their nature, are inherently uncertain and outside of management's control. It is possible that actual results and outcomes may differ, possibly materially, from the anticipated results or outcomes indicated in these forward-looking statements. In addition to factors disclosed in reports filed by Nicolet with the SEC, risks and uncertainties, including but not limited to risks and uncertainties for Nicolet with respect to its proposed merger with Charter, that may cause actual results or outcomes to differ materially from those anticipated include, but are not limited to: (1) the possibility that the proposed merger will not be completed due to the failure to satisfy one or more of the closing conditions of the merger; (2) the possibility that any of the anticipated benefits of the proposed merger will not be realized or will not be realized within the expected time period; (3) the risk that integration of Charter's operations with those of Nicolet will be materially delayed or will be more costly or difficult than expected; (4) the parties' inability to meet expectations regarding the timing of the proposed merger; (5) changes to tax legislation and their potential effects on the accounting for the proposed merger; (6) diversion of management's attention from ongoing business operations and opportunities due to the proposed merger; (7) the challenges of integrating and retaining key employees; (8) the effect of the announcement of the proposed merger on Nicolet's, Charter's or the combined company's respective customer and employee relationships and operating results; (9) the possibility that the proposed merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (10) dilution caused by Nicolet's issuance of additional shares of Nicolet common stock in connection with the proposed merger; (11) the magnitude and duration of the COVID pandemic and its impact on the global economy and financial market conditions and Nicolet's business, results of operations and financial condition; (12) changes in consumer demand for financial services; (13) general competitive, economic, political and market conditions and fluctuations; and additional risks that are discussed in Nicolet's SEC filings. Please refer to Nicolet's 2021 Annual Report on Form 10-K, as well as its other filings with the SEC, for a more detailed discussion of risks, uncertainties and factors that could cause actual results to differ from those discussed in the forward-looking statements.
All forward-looking statements included in this communication are made as of the date hereof and are based on information available to management at that time. Except as required by law, Nicolet does not assume any obligation to update any forward-looking statement to reflect events or circumstances that occur after the date the forward-looking statements were made.
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SOURCE Nicolet Bankshares, Inc. | https://www.wibw.com/prnewswire/2022/07/19/nicolet-bankshares-inc-announces-second-quarter-2022-earnings/ | 2022-07-19T21:19:15Z |
BEIJING, Aug. 15, 2022 /PRNewswire/ -- The Macao Special Administrative Region (SAR) government and China Media Group (CMG) launched a new round of cooperation on Monday.
Four shows were released at the launching ceremony, featuring delicacies, tourism, aerial photography and the historic urban area of Macao using the 5G, 4K, 8K and AI technology of the CMG.
An agreement on the CMG sports channel was also signed online on the day so the people of Macao could continue to enjoy the programs.
The two sides also launched a cooperation list to further improve collaboration in the holding of sporting events and authorization of competition resources.
The document on the previous round of cooperation was inked in 2019 to mark the 20th anniversary of Macao's return to the motherland, and has since yielded fruitful results.
Link: https://youtu.be/xD0zQQ1rdag
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SOURCE CCTV+ | https://www.kxii.com/prnewswire/2022/08/16/cctv-macao-government-cmg-start-new-round-cooperation/ | 2022-08-16T03:24:17Z |
NEW YORK, May 17, 2022 /PRNewswire/ -- North Atlantic Acquisition Corporation ("NAAC") (Nasdaq: NAAC) today announced that it postponed NAAC's extraordinary general meeting of shareholders (the "Extraordinary Meeting") originally scheduled to be held on May 18, 2022. The Extraordinary Meeting has been postponed until June 1, 2022 at 8:00 a.m. Eastern Time.
The Extraordinary Meeting is being held to vote on the proposals described in NAAC's definitive proxy statement, filed with the Securities and Exchange Commission (the "SEC") on April 19, 2022 (the "Definitive Proxy Statement"), relating to its Business Combination. The record date for the determination of shareholders entitled to vote at the Extraordinary Meeting, including all adjournments thereof, remains April 13, 2022. The NAAC Board of Directors continues to recommend that shareholders vote in favor of the proposals.
As of the date hereof, a sufficient number of NAAC's shareholders have voted to approve the proposed business combination with TeleSign (the "Business Combination"). However, all of the conditions to effect the closing of the Business Combination have not yet been satisfied. The postponement is intended to permit more time to satisfy the closing conditions.
The redemption deadline is postponed to May 27, 2022.
About North Atlantic Acquisition Corporation
NAAC is a blank check company, also commonly referred to as a SPAC, formed for the purpose of effecting a business combination with a company with global ambition, with a primary focus on the consumer, industrials and TMT sectors in Europe or North America, where its Board of Directors has multiple decades of experience.
About TeleSign
TeleSign provides continuous trust to leading global enterprises by connecting, protecting and proactively defending their digital identities. TeleSign verifies over five billion unique phone numbers a month, representing half of the world's mobile users, and provides critical insight into the remaining billions. The company's powerful AI and extensive data science deliver identity with a unique combination of speed, accuracy and global reach. TeleSign solutions prevent fraud, secure communications and enable the digital economy by allowing companies and customers to engage with confidence. Learn more at www.telesign.com and follow us on Twitter at @TeleSign.
Important Information and Where to Find It
NAAC filed the definitive proxy statement/prospectus with the U.S. Securities and Exchange Commission ("SEC") in connection with the proposed Business Combination. The definitive proxy statement/prospectus has been sent to all NAAC shareholders and NAAC and TeleSign will also file other documents regarding the proposed business combination with the SEC. NAAC shareholders and other interested parties are urged to read the definitive proxy statement/prospectus and any other documents filed with the SEC carefully and in their entirety when they become available because they will contain important information about NAAC, TeleSign and the proposed transactions. NAAC shareholders and other interested parties may obtain free copies of the definitive proxy statement/prospectus and other documents filed with the SEC by NAAC through the website maintained by the SEC at http://www.sec.gov or by directing a request to: North Atlantic Acquisition Corporation, c/o McDermott Will & Emery LLP, One Vanderbilt Avenue, New York, New York 10017.
Participants in the Solicitation
NAAC and its directors and executive officers may be considered participants in the solicitation of proxies with respect to the proposed transactions. Information about the directors and executive officers of NAAC is set forth in its definitive proxy statement/prospectus, filed with the SEC on April 19, 2022. Additional information regarding the participants in the definitive proxy statement/prospectus and a description of their direct and indirect interests, by security holdings or otherwise, is included in the definitive proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed transactions when they become available. NAAC shareholders and other interested persons should read the definitive proxy statement/prospectus carefully before making any voting decisions. These documents can be obtained free of charge from the sources indicated above.
No Offer or Solicitation
This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction pursuant to the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. Subject to certain exceptions to be approved by the relevant regulators or certain facts to be ascertained, the public offer will not be made directly or indirectly, in or into any jurisdiction where to do so would constitute a violation of the laws of such jurisdiction, or by use of the mails or by any means or instrumentality (including facsimile transmission, telephone and the internet) of interstate or foreign commerce, or any facility of a national securities exchange, of any such jurisdiction.
Forward-Looking Statements
This communication includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of revenue and other financial and performance metrics and projections of market opportunity and expectations, NAAC's ability to enter into definitive agreements or consummate a transaction with TeleSign; NAAC's ability to obtain the financing necessary consummate the proposed transactions; and the expected timing of completion of the proposed transactions. These statements are based on various assumptions and on the current expectations of NAAC's and TeleSign's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of NAAC and TeleSign. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the inability of the parties to enter into definitive agreements or successfully or timely consummate the proposed transactions or to satisfy the other conditions to the closing of the proposed transactions, including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company; the risk that the approval of the NAAC shareholders for the proposed transactions is not obtained; failure to realize the anticipated benefits of the proposed transactions, including as a result of a delay in consummating the proposed transaction or difficulty in, or costs associated with, integrating the businesses of NAAC and TeleSign; the amount of redemption requests made by the NAAC shareholders; the occurrence of events that may give rise to a right of one or both of NAAC and TeleSign to terminate the Merger Agreement; risks related to the rollout of TeleSign' business and the timing of expected business milestones; the effects of competition on TeleSign' business; and those factors discussed in NAAC Holdco Inc.'s registration statement on Form S-4 (Registration Number 333-263723), as amended, initially filed with the SEC on March 18, 2022, under the heading "Risk Factors," and other documents of NAAC filed, or to be filed, with the SEC. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither NAAC nor TeleSign presently know or that NAAC and TeleSign currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect NAAC's and TeleSign' expectations, plans or forecasts of future events and views as of the date of this communication. NAAC and TeleSign anticipate that subsequent events and developments will cause their assessments to change. However, while NAAC and TeleSign may elect to update these forward-looking statements at some point in the future, NAAC and TeleSign specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing NAAC's or TeleSign' assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
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SOURCE North Atlantic Acquisition Corporation (NAAC) | https://www.kxii.com/prnewswire/2022/05/17/north-atlantic-acquisition-corporation-announces-postponement-extraordinary-meeting-shareholders/ | 2022-05-17T22:29:12Z |
HONG KONG, Sept. 14, 2022 /PRNewswire/ -- China Mobile Limited ("China Mobile" or "the Company") (HKEx: 941; SSE: 600941) refers to its announcement dated 7 May 2021 in relation to the review decision of the determination by The New York Stock Exchange LLC (the "NYSE") to delist the American Depositary Shares of the Company (the "ADSs"). On 7 May 2021, the NYSE filed a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") and the delisting of the Company's ADSs became effective on 18 May 2021. On 13 September 2021, the Company terminated its ADSs program.
China Mobile announced that in light of the delisting of the ADSs and the termination of the ADSs program, the Company intends to file a Form 15F with the SEC on the date of this press release to deregister the ADSs and terminate its reporting obligations under the U.S. Securities Exchange Act of 1934, as amended (the "U.S. Exchange Act").
The Company's reporting obligations under the U.S. Exchange Act will be suspended immediately upon such filing. The deregistration and termination of reporting obligations are expected to become effective 90 days after the filing, unless withdrawn by the Company or objected to by the SEC. The Company will continue to comply with its financial reporting and other obligations as a listed issuer under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Rules Governing the Listing of Stocks on Shanghai Stock Exchange.
Certain statements contained in this press release may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from those implied by such forward-looking statements. In addition, the Company does not intend to update these forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's most recent Annual Report on Form 20-F and other filings with the SEC.
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SOURCE China Mobile Limited | https://www.wibw.com/prnewswire/2022/09/14/china-mobile-seeks-deregister-its-american-depositary-shares-terminate-its-reporting-obligations-under-us-securities-exchange-act/ | 2022-09-14T10:20:59Z |
Annual learning and development benchmarking program recognizes Choice University learning platform for workforce development efforts
ROCKVILLE, Md., Aug. 17, 2022 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, has been named a gold organization, ranking fourth in the 2022 LearningElite Awards program for the Choice University learning platform. Choice Hotels has also received the Editor's Choice Award for Best Small Company. The LearningElite Awards program is a robust, peer-developed benchmarking program which recognizes organizations that employ exemplary workforce development strategies to deliver significant business results that benefit their organization, industry and the learning and development field. The program is presented each year by Chief Learning Officer (CLO), a publication from BetterWork Media Group.
Since 2011, the LearningElite Awards program has aimed to identify and recognize industry leaders, as well as the importance of the role of learning in organizational success while providing powerful benchmarking data for world-class learning and development through best practices, principles and strategies.
"At Choice Hotels, we value the success of our franchisees and associates. The learning and development programs we offer are vital to help owners accomplish their business goals as well as improve our company-wide success," said Timothy Tobin, vice president, franchise onboarding and learning, Choice Hotels. "This award highlights our innovative training program on our Choice University learning platform. We are proud of our learning and development tools that we make accessible and individualized for both the franchisee's hotel staff as well as our corporate associates."
"We are honored and humbled to play a role in the recognition of learning and development organizations that are moving the needle in workforce progression," said Ashley St. John, chief content officer and editor-in-chief of Chief Learning Officer. "From the overwhelming number of competitive applications to the high interest and energy of our panel of senior-level judges, our team continues to be wowed by the interest, energy and data generated by this annual program."
Fifty-four winners were announced June 22, 2022, during the 2022 LearningElite Awards Gala. See the complete list of winners here.
Learn more about the LearningElite at www.chieflearningofficer.com/learning-elite-award.
About Choice Hotels®
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. On August 11, 2022, Choice acquired Radisson Hotels Americas, adding nine brands and approximately 67,000 rooms in the United States, Canada, Latin America and the Caribbean to its portfolio. With 22 brands, Choice Hotels has more than 7,500 hotels, and nearly 650,000 rooms, in 46 countries and territories as of August 11, 2022. The Choice® family of hotel brands provide business and leisure travelers with a broad range of high-quality lodging options from limited service to full-service hotels in the upper upscale, upper mid-scale, midscale, extended-stay and economy segments. The award-winning Choice Privileges® loyalty program offers members a faster way to rewards, with personalized benefits starting on day one. For more information, visit www.choicehotels.com.
About Chief Learning Officer
Chief Learning Officer is dedicated to serving as a platform and vehicle for C-suite and senior-level learning and development professionals to connect and advance in the profession and their personal careers. We are by CLOs, for CLOs.
About BetterWork Media Group
BetterWork Media Group is a platform dedicated to connecting, supporting and empowering these communities of C-suite and senior-level practitioners, executives, scholars, consultants and solutions providers in corporate learning and talent management through award-winning content, research, events, webinars and digital media.
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SOURCE Choice Hotels International, Inc. | https://www.kxii.com/prnewswire/2022/08/17/choice-hotels-secures-gold-with-fourth-place-ranking-2022-learningelite-awards-program/ | 2022-08-17T16:00:28Z |
- Conference Call to be Held at 8:00 AM ET -
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- Ever-Glory International Group, Inc. (the "Company" or "Ever-Glory") (NASDAQ: EVK), a retailer of branded fashion apparel and a leading global apparel supply chain solution provider, today announced that the Company will report its second quarter 2022 financial results on August 12, 2022 before the open of trading in the U.S.
The Company's management will host an earnings conference call at 8:00 a.m. Eastern Time on August 12, 2022 (8:00 p.m. Beijing Time on August 12, 2022).
The dial-in details for the conference call are as follows:
- Toll-free dial-in number: +1-877-704-4453
- International dial-in number: 1-201-389-0920
- Conference ID:13732317
The live audio webcast of the call can also be accessed by visiting the investor relations section of Ever-Glory's website at http://www.everglorygroup.com. A replay of the call will be available from 11:00 a.m. Eastern Time on August 12 through 11:59 p.m. Eastern Time on August 19 by calling +1-844-512-2921 or +1-412-317-6671 with pin number 13732317.
About Ever-Glory International Group, Inc.
Based in Nanjing, China, Ever-Glory International Group, Inc. is a retailer of branded fashion apparel and a leading global apparel supply chain solution provider. Ever-Glory is the first Chinese apparel Company listed on the American Stock Exchange (now named as NYSE MKT) in July 2008 and then transferred to The NASDAQ Global Market on December 31, 2015. Ever-Glory offers apparel to woman in China under its own brands "La go go", "Velwin", "idole" and "Jizhu". Ever-Glory is also a leading global apparel supply chain solution provider with a focus on middle-to-high end casual wear, outerwear, and sportswear brands. Ever-Glory services a number of well-known brands and retail stores by providing a complete set of supply chain management services, including: fabric development and design, sampling, sourcing, quality control, manufacturing, logistics, customs clearance and distribution.
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SOURCE Ever-Glory International Group, Inc. | https://www.wibw.com/prnewswire/2022/08/11/ever-glory-report-second-quarter-2022-earnings-august-12-2022/ | 2022-08-11T04:37:25Z |
New store opens in Topeka created for sneaker culture
TOPEKA, Kan. (WIBW) -Laces is a buy, sell, trade store that sells brands like Jordan, Nike, Adidas, Yeezys and more.
They have hats, clothing and sneaker candles around the store.
Owner, Chris White-Ready says Topeka has never really had a store that was designated to the sneaker culture, they felt there was a void. Him and the other two owners are trying to bring a unique sneaker touch to Topeka so customers don’t have to travel to Kansas City to meet their wants.
Now, they are taking this opportunity to take from their closets and sell to community members closets.
“There is certain different resellers, we have bought shoes our whole lives just like anything else you build connections with people. It kind of just started out from our own collections, we all had shoes over the years that we have kept clean and didn’t wear and stuff like that,” he said.
Laces is located at 250 southeast 29th Street.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/07/new-store-opens-topeka-created-sneaker-culture/ | 2022-08-07T19:20:08Z |
PCBC 2022 Features Full Collection of LG Home Appliances to Meet Evolving Needs of Dynamic Builder Market
SAN FRANCISCO, June 22, 2022 /PRNewswire/ -- LG Electronics USA returns to PCBC, the official trade show of the Leading Builders of America and California Building Industry Association, with a robust lineup of high-performing and award-winning home appliances and smart home packages that deliver innovation, reliability and outstanding design for today's building and remodeling projects.
As a featured PCBC exhibitor (Booth #1651 in San Francisco's Moscone Center), the LG Builder division is showcasing its world-class innovations across the kitchen and laundry categories to demonstrate how LG can help bring builders' visions to life with innovative appliances for every type of home, including different styles, functions, budgets and life-stages.
At PCBC, LG Builder also is underscoring its commitment to providing best-in-class service for builders and homebuyers, highlighting LG's growing network of service technicians, additional support through independent service centers, overnight parts delivery and more. As an extension of the company's focus on service, LG appliances come with peace of mind built-in with ThinQ Care. This smart service, which analyzes appliance usage patterns, proactively contacts the homeowner about potential service issues and with preventive maintenance tips.
A centerpiece of LG Builder's presence at PCBC is the fast-growing built-in, luxury brand Signature Kitchen Suite, which caters to a new generation of forward-thinking "Technicurean™" home chefs. The lineup features a number of industry-first innovations that allow these cooking enthusiasts to enjoy professional-style results with leading-edge connectivity for a convenient, unmatched culinary experience. This includes ranges and rangetops with the first-of-its-kind built-in sous vide on the cooktop, delivering the ultimate in versatility and precision cooking.
Also featured at PCBC are Signature Kitchen Suite refrigeration appliances that help to preserve and maintain the integrity of fresh food, including built-in column refrigerators and freezers that are brilliantly engineered to provide the largest capacity in their respective classes, along with the first-of-its-kind built-in 36-inch French-door refrigerator with a five-mode convertible drawer including multiple temperature zones and the option to drop the temperature down to make it a freezer. The award-winning two-drawer Undercounter Refrigerator/Freezer is a first-of-its-kind innovation with drawers that operate independently with various temperature settings that can be adjusted based on a homeowner's evolving needs, including an option to convert to a freezer setting.
Another highlight of LG's presence at PCBC is the reimagined LG STUDIO collection of home appliances with new design-driven enhancements that offer a more refined and modern look. Sporting a streamlined insignia, the redesigned 2022 LG STUDIO line comprises more than a dozen new built-in and freestanding kitchen appliances that include a wide range of premium exterior upgrades such as new pro-style handles, upgraded finishes and other thoughtful design features that elevate the kitchen experience.
LG STUDIO boasts clean lines and a contemporary aesthetic – expertly honing fine details to cater to the more discerning home design enthusiast. The collection is designed to meet the needs of today's modern family, now with characteristics just as contemporary – customized installation for a flush look or a traditional position, modern flat panels, more distinctive pro-style handles, and the gleaming stainless steel PrintProof™ finish, dovetailed with smart technology and lasting performance.
In addition to the premium offerings of Signature Kitchen Suite and LG STUDIO, the company is showing its broad home appliance line under the famous LG brand, which combines cutting-edge technologies, unique products and stylish kitchen designs, exemplified by LG InstaView™ and Door-in-Door® ENERGY STAR® certified refrigerators that raise the bar for convenience and efficiency. LG also offers a wide selection of top-rated laundry innovations including the LG Styler and ENERGY STAR certified LG top-load and front-load models such as LG WashTower, a vertical laundry solution that offers advanced cleaning features such as fabric sanitization, steam technology, TurboWash cycles, and AI technology that automatically senses fabric type and load size to select the optimal wash cycle for each user.
"LG helps bring builders' visions to life with innovative designs and products for every buyer imaginable," said Randy Warner, vice president, LG Builder and Signature Kitchen Suite. "With one of the broadest appliance portfolios in the industry – and an unmatched commitment to providing a best-in-class service experience – we're delivering world-class innovations, reliability and outstanding design to homes across the United States."
About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $63 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. LG is 2022 ENERGY STAR® Partner of the Year-Sustained Excellence. The company's commitment to environmental sustainability and its "Life's Good" marketing theme encompass how LG is dedicated to people's happiness by exceeding expectations today and tomorrow. www.LG.com.
About LG Builder
LG Builder is a special division of LG Electronics USA that is focused solely on bringing the best possible appliances from various LG portfolios and exclusive product offerings to design and building professionals. LG Builder provides end-to-end business solutions including a wide product offering and reliable vendor services throughout the United States. www.LGBuilder.com.
Media Contacts:
LG Electronics USA
John I. Taylor
+1 847 941 8181
john.taylor@lge.com
Devyn Doyle
+1 770 653 7239
devyn.doyle@lg-one.com
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SOURCE LG Electronics USA | https://www.wibw.com/prnewswire/2022/06/22/lg-spotlights-appliance-portfolio-service-commitment-largest-west-coast-homebuilding-trade-show/ | 2022-06-22T15:50:44Z |
Extending fertility could also extend life of women, research says
(CNN) – Lengthening a woman’s fertility may extend her life as well.
Research shows women who have later menopause tend to live longer. Ovaries age twice as fast as all other tissues, which affects fertility and long-term health.
Researchers say when the ovaries stop working due to menopause they stop making a cocktail of hormones important for general health.
The average age of natural menopause is 51.
However, there is still little data about why women go through menopause at all. One reason for this is a historical lack of funding for reproductive research.
With the help of investors, there is now a Center for Reproductive Longevity and Equality.
The center is researching the underlying causes of accelerated aging in the ovaries.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/08/21/extending-fertility-could-also-extend-life-women-research-says/ | 2022-08-21T18:44:03Z |
CHICAGO, May 18, 2022 /PRNewswire/ -- There are clear trends in the car insurance world, and every day the insurance agents at Insurance Navy are working to uncover them. Every year, the cost of car insurance changes, and every make and model is subject to different car insurance rates. While some 2022 car insurance statistics have yet to be released, Insurance Navy has already narrowed down some of the new cars that come with the cheapest car insurance rates.
This year, the cheapest makes and models to insure are the Honda CR-V LX, Jeep Wrangler JL Sport, Subaru Crosstrek, and the Subaru Forester 2.5l. A CR-V LX costs around $1,574 annually to fully insure, and the Forester 2.5l is around $1,613. The rest of the previously mentioned vehicles cost anywhere between this maximum and minimum. This is actually less than the national average of around $1,630.
"We found that small-sized SUVs and minivans are vehicles with some of the lowest auto insurance rates," says Insurance Navy CEO Fadi Sneineh. "These cars are often built for passengers and families, so they have to go above and beyond with their safety features. Car insurance companies like ourselves love these cars for that reason."
Of course, auto insurance discounts also play a big role in car insurance rates, so there is a chance that anyone can save even more when they buy auto insurance on one of these cars. Down the line, it's estimated that car insurance policyholders with safe cars are able to save up to several hundred dollars on their car insurance if they maintain safe driving habits.
Here is what each of these four cars will average in car insurance premiums:
Honda CR-V LX–$1,574
Jeep Wrangler JL Sport–$1,585
Subaru Crosstrek–$1,606
Subaru Forester 2.5I–$1,613
In order to save on car insurance if you don't own one of these cars, it helps to have your car's safety features evaluated and even upgraded. Safety measures go a long way in when shopping for cheap car insurance, and these makes and models are proof of that.
Insurance Navy provides non-standard car insurance to drivers for liability coverage that meets their state's minimum limits. Insurance Navy specializes in providing SR22 insurance, which is a certificate of financial responsibility for high-risk drivers.
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SOURCE Insurance Navy | https://www.wibw.com/prnewswire/2022/05/18/insurance-navy-names-2022-cars-with-lowest-car-insurance-rates/ | 2022-05-18T18:43:06Z |
The platform increases developer velocity when building distributed applications, supporting devs from their local environments to production
TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- Helios, the platform for developers building cloud-native applications, announced today $5M funding to make it easier to understand, troubleshoot, and test distributed systems during development. The seed round was co-led by Entrée Capital and Amiti VC. A number of angel investors also joined, including Benny Schnaider, Guy Podjarny (co-founder of Snyk), Adi Sharabani and Yair Amit (co-founders of Skycure) and Guy Fighel (GM at New Relic). The company also announced the launch of a new free tier for their platform.
Modern cloud apps consist of dozens or hundreds of microservices, cloud components and third-party APIs; a single initial request can hit hundreds of different services as it branches out throughout the application. That makes it hard for developers to fully understand their code and how it interacts with the system as a whole, in their local development environment and through testing to production. These friction points slow down the whole development process, lead to buggy code, and end up frustrating the developers.
"As applications and companies grow, development slows down because it's harder and harder to understand how one small change might affect the system," said Ran Nozik, co-founder and CTO of Helios. "A small change or bug in a microservice or API can ripple out through a distributed app; perhaps twenty microservices later the change causes an error, or data is silently lost. Devs spend more and more time troubleshooting and less time on what they want to be doing — creating new features."
As companies and apps grow and become more complex, codebases and developer teams expand and these challenges become more acute. To observe distributed applications in production, DevOps practitioners use advanced monitoring platforms. Developers, though, have been left behind, missing out on new tooling for a world of cloud-native apps.
Helios is the first developer platform built specifically for cloud-native application development. Helios breaks down the silos inherent in microservice architectures, giving developers a full understanding of how their code interacts with the distributed app as a whole so they can build, troubleshoot and test more easily, significantly increasing development velocity. Using the power of OpenTelemetry to provide distributed tracing combined with other data sources, Helios enables Dev teams to easily track how a request flows through their application and gives them the context they need to quickly resolve issues. The platform can automatically 'replay' inputs at any point in the application flow, allowing developers to reproduce issues with ease. With actionable insights and collaboration tools, Helios makes developers happier, allowing them to communicate and cooperate as they modify different parts of the app.
Helios was founded by Eli Cohen and Ran Nozik, old friends who've worked closely together over the last two decades, gaining engineering and product experience at successful tech companies. The company today has 15 employees and is working with dozens of early customers.
"Growing tech companies often grapple with scaling their cloud-native architecture," says Eran Bielski, General Partner at Entrée Capital. "Companies want to focus on building a successful business, but often the day-to-day work of developers is full of friction that slows down progress. Helios' focus on both developer velocity and productivity is exactly what the market needs, and I have little doubt that every software development company in the world will soon be using such a tool."
Eli Cohen, co-founder and CEO of Helios, said "We built Helios to give developers the cloud-native dev platform we wish we'd had ourselves. Helios gives the right data with the right context at the right time, throughout the entire development lifecycle, streamlining activities from design and collaboration to troubleshooting and testing. The best feedback we get from our customers is that Helios makes their developers happier and helps them build better together."
ABOUT HELIOS:
Helios is a developer platform that helps drive dev velocity and productivity when building cloud-native applications. It accelerates R&D work, streamlining activities from design and collaboration to troubleshooting and testing, across all environments.
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SOURCE Helios | https://www.kxii.com/prnewswire/2022/07/05/helios-raises-5m-platform-increase-cloud-native-development-velocity/ | 2022-07-05T14:39:23Z |
A 67-year-old man killed in a Temple hit-and-run incident early Wednesday morning was identified as John Lynn Haynes.
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- Belton ISD to hold groundbreaking for new West Temple elementary campus | https://www.tdtnews.com/news/central_texas_news/article_5457f4f0-2a37-11ed-afd2-2feb634954c0.html | 2022-09-01T23:10:57Z |
Multi-faceted strategic partnership aimed at bolstering SEIA's client services across a spectrum of distribution channels, significantly increasing investor reach and impact
LOS ANGELES, Aug. 17, 2022 /PRNewswire/ -- Signature Estate & Investment Advisors ("SEIA") today announced an equity investment from Reverence Capital Partners ("Reverence Capital"), a leading private equity firm focused on investing in financial services businesses. Consecutively ranked in the Barron's list of Top 100 Independent RIA firms, SEIA has over $16 billion assets under management and is celebrating its 25th anniversary with a clear focus on building the leading wealth management platform of the future through this innovative series of transactions, investments, and strategic partnerships. In connection with the recapitalization, SEIA plans to work with newly formed Broker-Dealer, Signature Estate Securities.
The equity investment from Reverence Capital is part of SEIA's long-term growth and continuity strategy. The Reverence Capital partnership will provide the capital to enable SEIA to invest in the business while continuing to enhance the level of service and product offerings the firm provides.
The newly enhanced wealth management platform will allow SEIA advisors to offer RIA and Broker-Dealer services to clients through one unified platform and will result in greater access to alternative investments, elevated client-facing technology, and more comprehensive family office services.
In addition, SEIA's investment management TAMP platform, Signature Investment Advisors ("SIA"), will now be available to advisors across the independent broker-dealer and RIA community. This open-architecture distribution strategy will bring SIA to a larger advisor population enabling more clients to benefit from SEIA's unique investment management platform.
Advisor Group, a portfolio company of Reverence Capital, will continue to support Signature Investment Advisors (SIA) as a strategist on their Wealth Management Platform. As part of its continued partnership with SIA, Advisor Group will provide strategic capital investment alongside Reverence Capital to support the next phase of SEIA's growth.
"Over the last 25 years we have maintained an unwavering focus on our clients," says Brian D. Holmes, President and CEO at Signature Estate & Investment Advisors. "Our strategic partnership with Reverence Capital Partners is a significant milestone that signals our continued commitment to building a world-class wealth management platform for our clients."
SEIA's long-term growth strategy, vision, and plan for continuity is focused on maintaining independence, streamlining investment solutions, and continued platform enhancements for both advisors and their clients. These multi-faceted transactions allow SEIA to invest in the future of the business while continually enhancing the level of service and offerings provided.
"Brian and his team have built one of the most successful and rapidly growing firms in the RIA industry," said Reverence Capital CEO Milton Berlinski. "We are pleased to be able to partner with this tenured management team who share our vision of exceptional client service and culture. We look forward to providing the necessary capital and support to execute on SEIA's strategic plan of accelerated organic and inorganic growth."
Following the close of these transactions, Brian Holmes will remain the President and CEO at SEIA and SIA. The firm's Founding Partners, Management Team, Advisor Teams, and Employees will remain in place, and the brand will remain Signature Estate & Investment Advisors. At closing, SEIA will have broader equity ownership across its partners, advisors, and employees than they did prior to the transaction.
In addition, SEIA's commitment to philanthropy will continue forward as central to the firm's character and culture. SEIA's Founding Partners, Brian Holmes, Gary Liska, Mark Copeland, and Paul Taghibagi, will be pledging a $1 million gift to the Signature Fund for Giving ("SFFG"). SFFG is the firm's charitable foundation that helps support local underserved youth who represent tomorrow's leaders and innovators.
The transaction is expected to close in the 3rd quarter of 2022, subject to customary regulatory and other approvals. ECHELON Partners acted as financial advisor, and Ballard Spahr LLP served as legal counsel to SEIA. Kirkland and Ellis LLP served as legal counsel to Reverence Capital Partners.
About SEIA
Signature Estate & Investment Advisors, LLC® (SEIA) is a Registered Investment Advisory Firm and wealth management platform. The firm offers Investment Management and Financial Planning Services tailored to meet the unique needs of affluent investors and corporations. SEIA's mission is to provide clients with a partnership that complements and exceeds their long-term goals and objectives.
SEIA currently services over $16 billion in assets under management. The firm has 39 advisors, 160 total employees, 12 offices, and works with clients nationwide.
Reverence Capital Partners is a private investment firm focused on thematic investing in leading global, middle-market Financial Services businesses through control and influence oriented investments in 5 sectors: (1) Depositories and Finance Companies, (2) Asset and Wealth Management, (3) Insurance, (4) Capital Markets, and (5) Financial Technology/Payments. The firm was founded in 2013 by Milton Berlinski, Peter Aberg, and Alex Chulack, who collectively bring over 100 years of advisory and investing experience across a wide range of financial services sectors. For more information, please visit www.reverencecapital.com.
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SOURCE Signature Estate & Investment Advisors, LLC | https://www.kxii.com/prnewswire/2022/08/17/signature-estate-amp-investment-advisors-announces-strategic-investment-reverence-capital-partners-announces-plan-work-with-newly-formed-broker-dealer/ | 2022-08-17T17:34:08Z |
NUR-SULTAN, Kazakhstan (AP) — Pope Francis reaffirmed the critical value Thursday of interfaith dialogue to contrast the “folly of war,” even as one of his own bishops warned that Francis’ participation in a big interfaith peace conference in Kazakhstan could imply papal endorsement of a “supermarket of religions.”
Francis delivered the closing speech to the Kazakh government’s triennial conference of traditional religions, which gathered some 80 Muslim, Christian, Jewish, Buddhist and Taoist faith leaders who called for greater interfaith efforts to combat war, poverty, climate change and other ills facing the world.
Francis praised the summit and underlined its conclusion that religion can never be used to justify war — a call that came against the backdrop of the Russian Orthodox Church’s support of Moscow’s invasion of Ukraine. The final document says “extremism, radicalism, terrorism and all other forms of violence and wars, whatever their goals, have nothing to do with true religion and must be rejected in the strongest possible terms.”
Without mentioning Russia or any other warring country by name, the final document calls on world leaders to “abandon all aggressive and destructive rhetoric which leads to destabilization of the world, and to cease from conflict and bloodshed in all corners of our world.”
Francis told the gathering that interfaith encounters such as the Kazakh summit are “more valuable than ever in challenging times like our own, when the problems of the pandemic have been compounded by the utter folly of war.”
With a delegation of the Russian Orthodox Church at the table, Francis said peace was “urgently needed.”
“We plead with you, in the name of God and for the good of humanity: Work for peace, not weapons! Only by serving the cause of peace, will you make a name for yourselves in the annals of history,” he said.
A note of caution, however, came from Bishop Athenasius Schneider, the auxiliary bishop of Astana and one of Francis’ most vocal critics. Schneider has joined other traditionalist and conservative cardinals and bishops in criticizing several of Francis’ signature gestures and what they say are his doctrinal ambiguities on issues such as divorce and remarriage, homosexuality and interfaith outreach.
As an auxiliary bishop of Kazakhstan’s capital, Schneider had to help play host to Francis during his three-day visit and had a prominent role in the pontiff’s Thursday morning visit to the capital’s cathedral. He accompanied Francis’ wheelchair down the aisle at the start of the meeting and introduced a line of dignitaries who met the pontiff afterward, serving as translator.
But Schneider has also joined American Cardinal Raymond Burke in criticizing a landmark 2019 document Francis signed with the grand imam of al-Azhar university in Cairo which, among other things, said that all religions are “willed by God.” Some Catholic critics have said the idea that God actively wanted a plurality of religions could lead to relativism that would accept that all religions are equally valid paths to God, when the Vatican holds that Catholicism provides the only true path to salvation.
The so-called “Human Fraternity” document was held up as an example of “great historical significance” by Kazakhstan’s president at the start of the interfaith conference, and the final communique recognized its “importance and value” in calling for “peace, dialogue, mutual understanding and mutual respect among believers for the common good.”
Speaking to reporters at the cathedral, Schneider defended his occasional criticism of the pontiff as respectful, “fraternal” advice to the pope, borne out of love and providing “true help for the church.”
“This is normal because we (bishops) are not employees of the pope,” he said. “We are brothers. We have to say with respect when we recognize something is a danger for the entire church. This is a help.”
He welcomed the pope’s visit to Kazakhstan, but he warned that Francis’ participation in such a big international interreligious event could call into question what he said was the Catholic Church’s unique role in providing the sole path to salvation.
“The congress as such has a good aim to promote mutual respect and understanding in the world today. But it has also a danger because it could give the impression of a ‘supermarket of religions’ and this is not correct because there is only one true religion, which is the Catholic Church, founded by God himself,” Schneider said.
He urged the Vatican to reconsider participation in such international events in the future and instead focus on building relationships at a more local level.
___
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://cw33.com/news/ap-top-headlines/ap-pope-urged-to-avoid-supermarket-of-religions-in-kazakhstan/ | 2022-09-15T15:03:03Z |
CHICAGO (WGN) — A judge on Monday denied bail for an Illinois man accused of lighting a homeless Chicago man on fire.
The 75-year-old victim, Joseph Kromelis, known as “The Walking Man,” is not expected to survive.
Authorities arrested 27-year-old Joseph Guardia last Friday and charged him with arson and attempted murder. He is accused of dousing Kromelis with flammable liquid as he slept outside last Wednesday.
A break in the case came when a Melrose Park police officer noticed Guardia from surveillance photos released by the Chicago Police Department.
Guardia allegedly told Chicago police that he thought he was lighting a pile of old blankets and garbage.
“It takes a special kind of evil to do what the defendant did in this case,” said Cook County Assistant State’s Attorney Danny Hanichak.
On Monday, prosecutors described the early morning incident, captured on nearby surveillance cameras, which showed a man in a white windbreaker standing over the sleeping Kromelis.
“For 16 seconds, he stood over the victim at close range,” Hanichak said. “His statement that he didn’t know a person was there was outrageous, and it was a lie.”
Investigators say Kromelis’ head and legs were visible underneath a blanket. Guardia allegedly emptied a large McDonald’s cup of gasoline onto the sleeping man’s head before lighting him on fire.
“The defendant chose to pour gasoline on a human being and then set them on fire, leaving him to burn alive for three minutes,” Hanichak said.
According to police, Guardia fled the scene on foot to a nearby Chicago Transit Authority train stop. A security officer from a nearby building used a fire extinguisher to put the fire out.
Records show Guardia has a long history of violent and nonviolent convictions from burglary to battery charges.
Veteran prosecutors say it’s the worst thing they’ve ever seen on video.
“This defendant did not target someone he had an argument with, or someone who wronged him, or someone that he even knew,” Hanichak said. “This defendant decided to target the most vulnerable person possible — a 75-year-old homeless man sleeping on the street.” | https://cw33.com/news/nexstar-media-wire/a-special-kind-of-evil-no-bail-for-suspect-accused-of-setting-walking-man-on-fire/ | 2022-05-31T13:43:23Z |
Access to instant bindable quotes now available on Prime 250
PLEASANTON, Calif., Sept. 8, 2022 /PRNewswire/ -- Cowbell, the leading provider of cyber insurance for small and medium-sized enterprises (SMEs), today announced application programming interfaces (APIs) for Prime 250, its flagship cyber insurance product for businesses with revenue up to $250 million. With API integration now available for both Prime 100 and now Prime 250, insurance digital aggregators can integrate directly to Cowbell's platform, enabling quick and efficient cyber insurance quoting.
SMEs represent nearly two-thirds of the American economy, yet there is still ongoing demand for digital and adaptable insurance solutions. Cowbell's API integration directly accelerates the adoption of cyber insurance to SMEs, bringing flexibility and scalability to digital insurance aggregators who serve independent insurance agents with various carrier insurance programs. The integration multiplies options for agents to prepare quotes and for policyholders to access cyber coverage, establishing it as a robust option for cyber coverage and an efficient means to reach deeper into the SME market.
"We welcome Cowbell's approach to digital insurance where businesses can get a relevant quote in real-time and activate their cyber coverage immediately," says Brian Thornton, CEO at ProWriters. "With the demand for cyber insurance exploding, we are pleased to see Cowbell's Prime 250 available via API which brings breadth of coverage and product flexibility to the market."
"Cowbell remains the only cyber insurance provider to instantly deliver, through APIs, bindable quotes," said Rajeev Gupta, co-founder and CPO at Cowbell. "As SMEs continue their digital transformation journey, agents are able to provide immediate quoting, bringing cyber insurance to the backbone of America's economy. SMEs get access to cyber coverages all while benefiting from an immediate assessment of risk and Cowbell risk resources, such as risk engineering, bundled with their cyber policies."
In August 2021, Cowbell announced the industry's first distribution of APIs, offering integration of Cowbell Prime 100. This allowed insurance digital aggregators to streamline the digital distribution of cyber insurance by direct integration and instant quoting of the Prime 100 platform.
Cowbell is signaling a new era in cyber insurance by harnessing technology and data to provide small and medium-sized enterprises (SMEs) with advanced warning of cyber risk exposures bundled with cyber insurance coverage adaptable to today and tomorrow's threats. In its unique AI-based approach to risk selection and pricing, Cowbell's continuous underwriting platform, powered by Cowbell Factors, compresses the insurance process from submission to issue to less than 5 minutes. Cowbell Insurance Agency is currently licensed in 50 U.S. states and the District of Columbia. Cowbell Reinsurance Company is a licensed insurance captive in the State of Vermont. For more information, please visit www.cowbell.insure.
ProWriters was founded in 2012 as a wholesaler offering Errors and Omissions (E&O), Directors and Officers (D&O), Employment Practices Liability (EPL), Crime, and Cyber Insurance for all businesses. In 2018 ProWriters launched Cyber IQ, a comparative rating platform for cyber insurance where brokers can instantly market their accounts and canvas the market to efficiently find the best terms for their clients while automating the coverage comparison process. ProWriters has focused on using technology to make the placement of SME business more efficient for retailers and carriers, bringing better terms to retailer's clients, while at the same time marrying that technology with product expertise. For more information, please visit www.prowritersins.com
Media Contact
John Kreuzer
Lumina Communications for Cowbell Cyber
Cowbell@LuminaPR.com
408-963-6418
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SOURCE Cowbell Cyber | https://www.mysuncoast.com/prnewswire/2022/09/08/cowbell-expands-api-based-quoting-flagship-cyber-insurance-offering/ | 2022-09-08T13:47:20Z |
Fans wearing their favorite Star Wars clothing today enjoy early boarding on their flights
SEATTLE, May 4, 2022 /PRNewswire/ -- Alaska Airlines joined forces with Disneyland Resort today, May the Fourth, to unveil a new, one-of-its-kind Star Wars-themed aircraft that even Chewbacca would be proud of. The plane, painted space black with the iconic Millennium Falcon emblazoned on the tail chased by TIE fighters, celebrates Star Wars: Galaxy's Edge, the newest land of adventure inside Disneyland Park in Anaheim, Calif. The plane is now flying on routes across Alaska's network for the universe to enjoy.
In celebration of the themed aircraft, Alaska guests wearing Star Wars-branded clothing enjoy early boarding today on their flights. So grab your classic Princess Leia T-shirt or Darth Vader sweatshirt and we'll see you at the gate.
Watch how we transformed one of Alaska's jets into the new Star Wars-themed plane at the Alaska Airlines Newsroom.
"As part of our strong collaboration, Alaska is proud to combine forces with Disneyland Resort for another magical, special-edition aircraft," said Natalie Bowman, managing director of marketing and advertising for Alaska Airlines. "The detailed artwork and intricately painted design is out of this world, and our guests, especially lifelong Star Wars fans, will feel instantly transported and eager to land at Star Wars: Galaxy's Edge the moment they see it."
For this latest collaboration – Alaska's seventh painted plane for the Disneyland Resort – no Jedi mind tricks were needed: the force was strong for a Star Wars livery to finally enter Alaska's fleet. The aircraft's official name is "Star Wars Transport to the Disneyland Resort" with a tail number of N538AS.
"Star Wars: Galaxy's Edge is one of the most popular destinations at Disneyland Resort," said Lynn Clark, Disneyland Resort, vice president of sales and services. "Now, thanks to our great friends at Alaska Airlines, our guests can begin their Star Wars experience even before they arrive at Disneyland Park."
The unique design of the Star Wars-inspired plane is a collaboration among teams at Alaska, Disneyland Resort and Lucasfilm. Familiar spacecraft span each side of the plane with hand painted, detailed imagery: the Millennium Falcon and four TIE fighters. Designers at Disneyland Resort focused on the incredibly identifiable, widely recognized Millennium Falcon for the spotlight, in addition to the well-traveled spaceship being the focal point at Star Wars: Galaxy's Edge – a 14-acre land in Disneyland.
The Star Wars: Galaxy's Edge and Disneyland Resort logos are featured in the center of the fuselage. For a lighthearted touch, porgs (the cute avian creatures that lived on Luke Skywalker's remote island) look back at passengers from both winglets, as another porg greets guests at the boarding door.
To bring the imagery to life, the plane's exterior required 228 gallons of paint applied during 540 work hours over 27 days. For the painting, 23 base colors were used with numerous custom colors mixed onsite for the detailed airbrushing of the Millennium Falcon and the TIE fighters.
"Star Wars Transport to the Disneyland Resort" is scheduled to fly in the Alaska fleet and throughout Alaska's network for at least eight years. You can also spot "Friendship and Beyond at Disneyland Resort" at airports and in the skies with a whimsical tribute to Pixar Pier at Disney California Adventure Park – our last Disneyland Resort-themed aircraft that began service in October 2019.
Guests can always book their next trips to Southern California (or hundreds of other destinations) at alaskaair.com. And once there, it's always a perfect time to visit Disneyland Resort and all it has to offer.
About the Disneyland Resort
The Disneyland Resort features two spectacular theme parks – Disneyland (the original Disney theme park) and Disney California Adventure Park – plus three hotels and the Downtown Disney District, comprising unique dining, entertainment and shopping experiences. The Resort's hotels are the luxurious, 948-room Disney's Grand Californian Hotel & Spa, which also features 50 two-bedroom equivalent Disney Vacation Club units; the magical, 973-room Disneyland Hotel – both AAA Four Diamond properties – and the 481-room Disney's Paradise Pier Hotel with its "day-at-the-beach" theme. For information on attractions and vacations at the Disneyland Resort, visit Disneyland.com, call (866) 43-DISNEY or contact local travel agents. Located in Anaheim, Calif., the Disneyland Resort opened July 17, 1955. Open daily, year-round.
About Alaska Airlines
Alaska Airlines and our regional partners serve more than 120 destinations across the United States, Belize, Canada, Costa Rica and Mexico. We emphasize providing low fares for our guests, award-winning customer service and sustainability efforts. Alaska is a member of the oneworld global alliance. With the alliance and our additional airline partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world. Learn more about Alaska at news.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).
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SOURCE Alaska Airlines | https://www.mysuncoast.com/prnewswire/2022/05/04/alaska-airlines-launches-new-star-wars-themed-aircraft-celebrate-adventures-star-wars-galaxys-edge-disneyland-resort/ | 2022-05-04T14:51:04Z |
DALLAS (KDAF) — The Cougars of the University of Houston have found themselves in the AP Preseason Top 25 College Football Poll and they’ll look to kick their season off the right way with a win against UTSA on September 3.
Before the Cougs start winning, some others in Southeast Texas are notching some serious wins in their money belt. The Texas Lottery reports a $25,000 winning Cash Five ticket from the Tuesday night drawing was sold just outside of Houston.
The ticket matched all five of the winning numbers 3, 15, 17, 20, and 22. It was sold at a Star Stop on Jackson Street in the city of Richmond; the ticket was not a Quick Pick.
In total there were nearly 25,000 winners throughout the Lone Star State that won at least a Free Cash Five QP, $15, $350 and as much as $25,000. | https://cw33.com/news/texas/25000-winning-texas-lottery-ticket-sold-near-houston/ | 2022-08-17T15:47:03Z |
TORONTO, Aug. 31, 2022 /PRNewswire/ -- A revolutionary PFP NFT called Throwing Dude Space Camp (TDSC) is launching in the Fall or Winter 2023. 10,000 Avatar NFTs will be available. TDSC features next level art, astonishing rarity, and a ground-breaking road map. Click here to join the waitlist.
Gyro Plasmic (pseudonym), Founder of TDSC says; "Our Throwing Dudes are not just athletes, they are pursuing many creative interests so that their lives are full and vigorous and likewise they put their best selves into the universe. They lose themselves in their passions. They know to maintain higher states of being. They need to be grateful and of service to others. Throwing Dudes live the creatively inspired life. https://throwingdudespacecamp.com/
For a Dude's happy life, it is key to maintain higher level states of being. Fundamental to this, our Dudes have; a creative approach to everything, an orientation of continual gratitude, and are always of service to others.
We discovered how to create different gender identities within our universe of Dudes. Our Throwing Dudes will be he/him, she/her, and they/them. With over 75 throwing objects, rarity is deeper versus the other Profile Avatar NFT projects. Join our waitlist.
We cover a wide variety of other throwing sports. Since our Dudes are from across our Universe, some of their capabilities go way beyond just throwing mere earthly objects and include galactic and even mythical throwing. Click for TDSC waitlist.
We are in it for the long haul and as TDCS gets resourced through revenue, we plan to introduce many benefits to the Throwing Dude Space Camp membership, which may include: our 57 planets digital art reveal, exclusive member merchandise, space camping festival under our aurora borealis, release of space camp song anthem and more. TDSC will push the boundaries of what is possible for an avatar profile NFT.
Click here to join the Throwing Dude's waitlist.
https://throwingdudespacecamp.com/
Throwing Dude Space Camp (TDSC) is owned and operated by QaQaQ Inc.
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SOURCE Throwing Dude Space Camp | https://www.mysuncoast.com/prnewswire/2022/08/31/throwing-dudes-putting-their-best-selves-into-universe/ | 2022-08-31T20:17:52Z |
PITTSBURGH, June 22, 2022 /PRNewswire/ -- "I wanted to create a simple and easy way to apply, use and keep shelf paper looking clean and fresh," said an inventor, from Mesa, Ariz., "so I invented the KWICKLINER. My design can be used on shelves in kitchens, entertainment centers, coffee tables and work benches."
The invention provides an improved means to protect and decorate shelves throughout a home. In doing so, it offers an alternative to traditional shelf paper. As a result, it eliminates the need to measure, cut or try to remove old shelf lining products. It also saves time and effort by ensuring that a new and fresh surface is readily available and it eliminates the need to clean the shelf. The invention features a practical, precise and decorative design that is easy to order via a convenient photo measuring process. It can be applied with no wrinkles and easily removed when needed to expose a new liner. Additionally, it is producible in design variations including any custom image, design or color.
The original design was submitted to the Phoenix sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-PBT-163, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/06/22/inventhelp-inventor-develops-improved-shelf-paper-households-pbt-163/ | 2022-06-22T15:49:48Z |
Panorama LASIK Launches as Division of Panorama Eyecare and Becomes LASIK Partner of the Denver Broncos
FORT COLLINS, Colo., Aug. 8, 2022 /PRNewswire/ -- Panorama Eyecare (PEC), a physician-led management services organization and the largest comprehensive eye care organization in the Rocky Mountain region, announces the formation of Panorama LASIK a group of vision correction centers under the Panorama Eyecare. Panorama LASIK will be the LASIK Partner of the Denver Broncos.
Panorama LASIK is Colorado's premier refractive surgery group with laser centers located at Denver Eye Surgeons, Boulder Eyes, and Eye Center of Northern Colorado. The team includes eight surgeons and staff with plans for adding additional vision correction centers and partners. Panorama LASIK's service lines incorporate elective vision correction procedures, including laser vision correction (LASIK, PRK, SMILE), EVO Visian ICLs, and refractive lens exchange with the latest technology and focus on patient care. Panorama LASIK is a division of the largest comprehensive eye care organization in the Rocky Mountain region, Panorama Eyecare (PEC).
"The formation of Panorama LASIK gives us a tremendous opportunity to continue our growth, expand our physician network and improve access to our premium patient experience and premium LASIK services," says Marcello Celentano, Panorama Eyecare CEO. "Our partnership with the Denver Broncos will allow us to introduce Panorama LASIK to Colorado and the Rocky Mountain region while supporting our hometown team."
Panorama LASIK will debut as the LASIK Partner of the Denver Broncos ahead of the Broncos first preseason game against the Dallas Cowboys on August 13th.
"The Denver Broncos are proud and excited to align with Panorama LASIK. Given the scale and presence of Panorama Eyecare here in the Rocky Mountain Region, we know that Broncos Country has great coverage for LASIK with this Colorado based organization. We are excited to begin this journey with Panorama as our proud hometown partner in LASIK," says Darren O'Donnell, Broncos Vice President of Business Development.
As part of its formation and strategic growth plan, PEC recently acquired Boulder Eyes / Beyer LASIK, which is one of the three LASIK practices under the Panorama LASIK group. Boulder Eyes / Beyer LASIK is a leading provider of LASIK in Boulder founded by Dr. Craig F. Beyer, a board-certified ophthalmologist, fellowship trained in corneal and refractive surgery. Dr. Beyer will transition his patients' care to new providers Sam Long, MD and Summer Lara, OD at the Boulder Eyes location.
Clinics interested in a partnership with Panorama LASIK may contact Dan Karpel at dkarpel@panoramaeyecare.com.
About Panorama LASIK
Panorama LASIK is Colorado's premier laser vision correction group and a division of Panorama Eyecare (PEC), the largest comprehensive eye care organization in the Rocky Mountain region. Panorama LASIK is comprised of refractive teams at Denver Eye Surgeons, Boulder Eyes and Eye center of Northern Colorado, including eight surgeons and staff. Panorama LASIK's service lines incorporate elective vision correction procedures, including laser vision correction (LASIK, PRK, SMILE), EVO Visian ICLs, and refractive lens exchange with the latest technology and focus on patient care. For more information, visit www.panoramalasik.com.
About Panorama Eyecare, LLC
Panorama Eyecare (PEC) is a physician-led management services organization created to support its network of physician clinics through enhanced management of day-to-day business operations. The organization is headquartered in Fort Collins, CO and currently has 13 locations, over 50 providers, 4 ASC's, and over 500 team members from Cheyenne, WY south through the Denver metro region. Our team of doctors brings world-class training and expertise to provide a wide variety of treatment options to address various diseases and conditions, including: laser-assisted cataract surgery, LASIK and other refractive surgeries, Intraocular lenses (toric, multi-focal, and UV LAL implants), glaucoma, corneal cross-linking, age-related macular degeneration, dry eye, vitreoretinal disease and surgery, diabetic eye disease, pediatric eye care, cosmetic and ocular plastics. Our mission is to create centers of excellence in eye care by exceeding national benchmarks for clinical quality care, investing in state -of-the-art equipment, providing an unrivaled patient experience, and by focusing on being an employer of choice for our team members within the regions we serve. For more information, visit www.panoramaeyecare.com.
Contact: Aimee Miller
Aimee Miller Marketing & Communications
303.549.9034
aimee@aimeemillermarketing.com
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SOURCE Panorama Eyecare | https://www.kxii.com/prnewswire/2022/08/08/panorama-eyecare-spins-off-new-lasik-division-announces-partnership-with-denver-broncos/ | 2022-08-08T15:42:22Z |
LONDON (AP) — When British Prime Minister Boris Johnson survived a no-confidence vote this week, at least one other world leader shared his relief.
Ukrainian President Volodymyr Zelenskyy said it was “great news” that “we have not lost a very important ally.”
It was a welcome boost for a British leader who divides his country, and his party, but has won wide praise as an ally of Ukraine.
Johnson’s relatively narrow victory in Monday’s Conservative Party vote — which left him in power but in danger of further rebellions — has implications beyond Britain’s shores.
“It’s quite hard to address whatever international challenges we face while you are battling your own political party,” said David Lawrence, a research fellow at international affairs think-tank Chatham House.
Johnson has many opponents in London and at European Union headquarters in Brussels, but he gets a warmer reception in Kyiv. His staunch backing for Ukraine’s fight against Russian invasion, backed by some 3 billion pounds ($3.8 billion) in U.K. military and humanitarian aid, has won him many fans. A bakery in Ukraine’s capital has even created a sweet treat named the “Boris Johnson”: a puff pastry cake topped with meringue and ice cream, vaguely reminiscent of the British leader’s blond mop.
Lawrence says Johnson’s rapport with Zelenskyy — “both quite big personalities” — has been an asset for both leaders. But experts say Johnson’s weakness is unlikely to have a serious impact on Britain’s backing for Ukraine.
Support for military aid to Kyiv and tough sanctions on Moscow is strong among both Britain’s governing Conservatives and the left-of-center Labour Party opposition.
“I think any British government would have done the same,” Lawrence said.
Johnson’s woes have more immediate repercussions for Britain’s relations with the EU. He won election in 2019 on a promise to “get Brexit done” and has since feuded with the bloc over trade rules for Northern Ireland, the only part of the U.K. that shares a border with an EU member.
A dispute over customs checks on goods entering Northern Ireland from the rest of the U.K. has sparked a political crisis in Belfast that is destabilizing the delicate balance between Irish nationalist and British unionist communities that maintains Northern Ireland’s peace.
Britain and the EU each accuse the other of refusing to compromise. Now Johnson says he will act unilaterally — and, critics say, illegally — by passing a law to rip up part of the binding treaty he signed with the bloc.
The no-confidence vote has delayed that bill, which had been expected this week. Experts say the vote has reduced Johnson’s room to maneuver, because he can’t afford to anger either Brexit hard-liners or more pro-EU lawmakers in his party. It has also made the EU less willing to compromise, increasing the chances of a trade war between Britain and the bloc.
“The European Union increasingly thinks that Boris Johnson is too weak to be worth making concessions to,” said Anand Menon, director of the U.K. in a Changing Europe think-tank. “(There’s) a sense on the EU side of ‘Why the hell would we make concessions now, because this guy might not be in charge for very long?’”
Brexit is central to Johnson’s foreign policy. He has long argued that leaving the EU gives the U.K. the chance to become a “Global Britain,” striking new trade deals and alliances around the world.
He has given U.K. foreign policy an “Indo-Pacific tilt” that seeks to strengthen economic, diplomatic and military ties with countries including India and Japan to counter the growing assertiveness of China. At the same time, however, his government has cut foreign aid and proposed shrinking the diplomatic service — moves Lawrence says are “completely contradictory to ‘Global Britain.’”
The no-confidence vote in Johnson was spurred by lockdown-breaching parties in government buildings during the COVID-19 pandemic, attended by Johnson’s staff and in some cases the prime minister himself. The revelation that government officials partied while millions of Britons were barred from socializing with friends or even visiting dying family members caused anger in the country. It also crystallized some Conservatives’ concerns about a leader who often behaves as if rules don’t apply to him.
Under party rules, Johnson can’t face another challenge for a year. But 41% of Conservative lawmakers voted to remove him, and few believe he is safe in his job.
If Johnson is ousted, or quits, the party will elect a new leader, who will also become prime minister. Several potential contenders have strong track records on foreign affairs and might tweak the focus of U.K. international policy. Current Foreign Secretary Liz Truss champions a “network of liberty” involving capitalist democracies. Ex-Foreign Secretary Jeremy Hunt has spoken of a “values based” foreign policy. Lawmaker Tom Tugendhat heads the House of Commons’ influential foreign affairs committee and is hawkish on China.
Mujtaba Rahman, managing director for Europe at political consultancy the Eurasia Group, says that fixing the U.K.’s broken relationship with Europe remains the key challenge, not least to help patch up a trans-Atlantic relationship strained by Brexit. President Joe Biden, who is strongly attached to his Irish roots, has expressed concern that Britain’s actions over EU trade could undermine peace in Northern Ireland.
“A lot hangs on the relationship with Europe,” Rahman said. “If you recalibrate the relationship with the EU, that will obviously facilitate the relationship with the Biden administration.”
The obstacle to that, he believes, is Boris Johnson.
“I think it’s a structural issue with this government and Johnson,” he said. “I can’t see the conditions for improvement until he is replaced.” | https://cw33.com/news/international/ap-international/boris-johnsons-weakness-brings-international-complications/ | 2022-06-10T20:41:23Z |
WINSTON-SALEM, N.C., Aug. 19, 2022 /PRNewswire/ -- Novant Health shared that, in an effort to be as transparent as possible, it is mailing letters to some of its patients following possible disclosure of protected health information (PHI) resulting from an incorrect configuration of a pixel, an online tracking tool.
In May 2020, as our nation confronted the beginning of the COVID-19 pandemic, Novant Health launched a promotional campaign to connect more patients to the Novant Health MyChart patient portal, with the goal of improving access to care through virtual visits and provide increased accessibility to counter the limitations of in-person care. This campaign involved Facebook advertisements and a Meta (Facebook parent company) tracking pixel placed on the Novant Health website to help understand the success of those efforts on Facebook. A pixel is a piece of code that organizations commonly use to measure activity and experiences on their website. In this case, the pixel was configured incorrectly and may have allowed certain private information to be transmitted to Meta from the Novant Health website and MyChart portal.
Immediately upon becoming aware that the pixel had the capability to transmit unintended information to Meta, Novant Health disabled and removed the pixel as a precaution and began an investigation to learn whether, and to what extent, information was transmitted. Based on that investigation, Novant Health determined on June 17, 2022, that it was possible sensitive information or PHI might have been disclosed to Meta, depending upon a user's activity within the Novant Health website and MyChart portal. This information potentially included an impacted patient's: demographic information such as email address, phone number, computer IP address, and contact information entered into Emergency Contacts or Advanced Care Planning; and information such as appointment type and date, physician selected, button/menu selections, and/or content typed into free text boxes. The information did not include Social Security numbers or other financial information unless it was typed into a free text box by the user. The letter sent to each patient will specifically state whether such financial information may have been involved.
Based on its investigation, Novant Health is unaware of any improper use or attempted use of any patient information by Meta or any other third party. According to Facebook's Terms and Conditions, they have policies and filters that block sensitive personal data and do not incorporate that information into their Ad Manager. However, to be safe and transparent, Novant Health is sending letters to all potentially impacted patients, including some who are patients of independent physicians and facilities who use the Novant Health MyChart medical record. Novant Health has also implemented more structure, governance and policies around the use of pixels and is taking actions to ensure this does not happen again.
New Hanover Regional Medical Center patients are not impacted by this incident.
In addition to the resources shared, patients may call Novant Health at 704-561-6950 or visit www.novanthealth.org/pixel. Additionally, patients may also visit https://consumer.ftc.gov/online-security to learn more about best practices to protect their information online.
Novant Health takes privacy and the care of personal information very seriously and values patient trust to keep patients' medical information private. Novant Health will continue to be as transparent as possible and provide information to patients.
Novant Health is an integrated network of hospitals, physician clinics and outpatient facilities that delivers a seamless and convenient healthcare experience to communities in North Carolina, South Carolina, and Georgia. The Novant Health network consists of more than 1,800 physicians and over 35,000 team members who provide care at more than 800 locations, including 15 hospitals and hundreds of outpatient facilities and physician clinics. In 2021, Novant Health provided more than $1.1 billion in community benefit, including financial assistance and services.
For more information, please visit our website at NovantHealth.org. You can also follow us on Facebook, Instagram, Twitter and LinkedIn.
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SOURCE Novant Health | https://www.kxii.com/prnewswire/2022/08/19/novant-health-notifies-patients-potential-data-privacy-incident/ | 2022-08-19T21:20:59Z |
MARSEILLE, France , June 8, 2022 /PRNewswire/ -- Over just a few decades, obesity has become the public enemy for wealthy and developing countries alike. Third-world nations saw their overweight rate triple since the late 1980s, which happened to coincide with their growing place within global trade.
Between 1988 and 2012, the rate of obesity among Mexican women increased from 10% to 30%. At the same time, Mexico entered a period of greater economic liberalization by signing the NAFTA trade pact with the United States and Canada. This led many experts to examine the link between globalization and health issues related to food.
According to the economists Osea Giuntella, Matthias Rieger, and Lorenzo Rotunno, the arrival of American products onto the Mexican market accounts for up to 20% of the increase in obesity among Mexican women.
Since the NAFTA trade pact was signed in 1994, American exports (particularly in food products) to Mexico has soared. In 2012, American food products (of both food and beverage) represented 75% of all Mexican imports. This equaled to 8% of all Mexican household spending—compared to 2% in 1989! These numbers make the United States the number one provider of food products to Mexico and a heavy hitter in the dietary habits of the country's population.
Their analysis goes beyond the situation with Mexico. Their results demonstrate a causal link between trade and obesity, and they lead us to reflect on how globalization could negatively affect health. In this context, trade policies can influence a population's food quality, transform its habits, and finally impact its health. So, the question arises: can we continue to allow players to enter the global trade market while protecting people's health as well as the environment?
Discover more about this topic and how economy impacts all aspects of our life with Dialogues Economiques and its newsletter
Dialogues Economiques is an online outreach journal, edited by Aix-Marseille School of Economics.. Its originality stems from its approach: Our articles are based on papers published in peer-reviewed journals and co-written by journalists and researchers.
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SOURCE Dialogues économiques , edited by Aix-Marseille School of Economics | https://www.kxii.com/prnewswire/2022/06/08/dialogues-conomiques-study-increased-obesity-rate-mexico/ | 2022-06-08T13:37:58Z |
- OX640 has the potential to provide important benefits to patients and healthcare systems ensuring the correct adrenaline dose is both reliably and conveniently available - for the emergency treatment of allergic reactions
- If approved, the product will target a global growing market, today amounting to USD 2 billion
- Development and commercial partnerships are considered
UPPSALA, Sweden, July 5, 2022 /PRNewswire/ -- Orexo AB (publ.), (STO:ORX) (OTCQX:ORXOY) today announces it has successfully initiated the first explorative human clinical study (OX640-001) for OX640, an adrenaline rescue medication with nasal delivery. The study aims to determine the relative bioavailability and absorption characteristics of investigational OX640 formulations versus an intramuscular adrenaline injection in healthy volunteers.
Adrenaline is commonly used for the emergency treatment of allergic reactions, including anaphylaxis. First line treatments today are intramuscular auto-injector products. Since adrenaline is a very sensitive active ingredient that easily undergoes degradation, currently marketed injection products all contain antioxidant chemical additives to help reduce degradation. Despite these additives, and that these products require strictly controlled handling and storage, they still suffer from having limited shelf-life.
Orexo's OX640 product is a nasal adrenaline formulation based on its proprietary drug delivery platform amorphOX®. Stability data generated so far for OX640 strongly indicates the potential for an adrenaline product with significantly improved stability versus today's injection products, both in terms of allowed storage temperatures as well as shelf-life. These encouraging data has been obtained without the addition of any antioxidants.
In addition to offering allergic patients with a product that provides greater flexibility in terms of handling and storage, OX640 provides a less bulky, more convenient and needle-free alternative to auto-injectors.
Robert Rönn, SVP and Head of R&D at Orexo AB, said: "I am very proud that the team at Orexo has, once again, timely allowed us to reach this important milestone. Our nasal adrenaline formulation has the potential to provide allergic patients with a truly improved and differentiated product and we are looking forward to the study results later this year."
The prevalence of allergic reactions, including anaphylaxis, is a global and growing health problem. The global market size today exceeds USD 2 billion and is expected to show continuous strong growth in the coming years.[1]
Nikolaj Sørensen, President and CEO at Orexo AB, said: "In the development of our rescue medication for overdoses, OX124, the aim was to develop a medicine that is not only faster than the existing alternatives, but also more powerful and with longer duration. Solving this equation led to the development of a novel and unique drug delivery platform, amorphOX®, which in exploratory studies has proven to be very scalable as it works with a broad scope of drugs. Our adrenaline project, OX640, is a very promising example capitalizing on this platform and which open new exciting opportunities that go beyond the treatment of mental illness and substance use disorders."
Orexo are exploring product development and commercialization partnerships. Costs related to the study are included in the company´s OPEX guidance for 2022.
For further information, please contact:
Orexo AB (publ.)
Nikolaj Sørensen, President and CEO
Tel: +46 (0)18 780 88 00
E-mail: ir@orexo.com
Robert Rönn, SVP and Head of R&D
Tel: +46 (0)18 780 88 00
E-mail: ir@orexo.com
Lena Wange, IR & Communications Director
Tel: +46 (0)18 780 88 00
E-mail: ir@orexo.com
About amorphOX®
Orexo's proprietary drug delivery platform, amorphOX®, is a powder made up of particles which are built using a unique combination of a drug, carrier materials and, optionally, other ingredients. The particles are presented as an amorphous composite of the various ingredients providing for excellent chemical and physical stability, as well as rapid dissolution. The technology works for a broad scope of active ingredients and has been validated in several human clinical studies showing rapid and extensive drug exposure.
About Orexo
Orexo develops improved pharmaceuticals and digital therapies addressing unmet needs within the growing space of substance use disorders and mental health. The products are commercialized by Orexo in the US or via partners worldwide. The main market today is the American market for buprenorphine/naloxone products, where Orexo commercializes its lead product ZUBSOLV® for treatment of opioid use disorder. Total net sales for 2021 amounted to SEK 565 million and the number of employees was 121. Orexo is listed on the Nasdaq Stockholm Mid Cap (ORX) and is available as ADRs on OTCQX (ORXOY) in the US. The company is headquartered in Uppsala, Sweden, where research and development activities are performed.
For more information about Orexo please visit, www.orexo.com. You can also follow Orexo on Twitter, @orexoabpubl, LinkedIn and YouTube.
The information was submitted for publication at 8.00 am CET on July 5, 2022.
[1] Biospace, June 11, 2021
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SOURCE Orexo | https://www.wibw.com/prnewswire/2022/07/05/orexos-nasal-adrenaline-rescue-medication-ox640-enters-clinical-development/ | 2022-07-05T08:27:04Z |
CRN places Castra on its annual Fast Growth 150 list for 2022.
DURHAM, N.C., Aug. 10, 2022 /PRNewswire/ -- CRN has included Castra in its annual Fast Growth 150 list, placing the managed detection and response vendor among the fastest-growing technology vendors in North America.
With an average two-year growth rate of 64%, Castra ranks among the top half of this year's Fast Growth solution providers. The 150 companies that make up the list collectively generated $82.4 billion in revenue last year.
2022 marks Castra's first appearance on CRN's list, highlighting the value of combining human expertise with best-in-class technology partnerships to deliver fully scalable cybersecurity solutions. Castra's experience leveraging SIEM solutions like Exabeam and USM Anywhere has proven itself to generate considerable value for small businesses, mid-sized enterprises, and Fortune 150 organizations alike.
Castra's comprehensive suite of information security services has proven itself a vital element of the company's growth. Castra expands SIEM capabilities to include curated threat intelligence with Anomali ThreatStream, extended detection and response (XDR) with Palo Alto Cortex, and open-source remote logging with Wazuh, creating custom rules and implementations to meet unique customer needs.
"Surging demand for reliable, high-quality managed detection and response services is just one half of the picture," said Grant Leonard, co-founder. "Our customization capabilities give security leaders a chance to regain control and visibility over large, complicated IT environments. Instead of entrusting operational security to dozens of different providers, enterprise security leaders are increasingly choosing to streamline the entire process with the help of our highly experienced security operations team."
"Castra's growth story is really a story about establishing strong partnerships and maximizing the value those partnerships provide for us and our customers." added Tony Simone, co-founder. "Security leaders who invest in proactively improving their SIEM capabilities can detect threats more accurately, block unauthorized activities more rapidly, and protect sensitive systems with greater success than people who only want to check some boxes on a list."
CARN's 2022 Fast Growth 150 list is available online on the organization's website. A sample of the list will be published in the August issue of CRN magazine.
Founded in 2012 by Tony Simone and Grant Leonard, Castra provides enterprise-level managed detection and response services to more than 2000 organizations globally. The company leverages world-class SIEM and SOAR expertise to help customers meet their security needs without compromising on transparency. Castra serves Fortune 50 enterprises, small businesses, and everything in between, providing 24/7 managed security services custom-tailored to meet industry-specific objectives in healthcare, retail, technology, government, and more.
CRN is a Channel Company brand that provides its users with valuable information about top technology integrators, technical services providers, and IT consulting firms. It is a valuable resource for technology vendors who wish to partner with top-performing IT solution providers, providing accurate analysis and coverage of important developments in the managed service provider and IT integration sector.
Media Contact: Tabitha Flythe, tabitha@castra.io
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SOURCE Castra Managed Services | https://www.mysuncoast.com/prnewswire/2022/08/10/castra-named-one-north-americas-fastest-growing-solutions-providers/ | 2022-08-10T20:00:59Z |
AUSTIN, Minn., May 18, 2022 /PRNewswire/ -- Hormel Foods Corporation, (NYSE: HRL), a global branded food company, today announced it has been named one of the 100 Best Corporate Citizens by 3BL Media. The 2022 ranking recognizes outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. Hormel Foods has been included on the 100 Best Corporate Citizens list 13 times.
"Hormel Foods is committed to responsibly shaping the future of food with a reputation as a company that cares about our people, consumers, communities and planet," said Jim Snee, chairman of the board, president and CEO of Hormel Foods. "We are committed to make the world a better place through Our Food Journey™ efforts and our ambitious 20 By 30 Challenge goals. We are proud and honored to continue to be named a top corporate citizen for our ESG transparency and performance."
The 100 Best Corporate Citizens ranking is based on 155 ESG factors in eight pillars: climate change, employee relations, environment, finance, governance, human rights, stakeholders and society, and ESG performance.
Using a methodology developed by 3BL Media, all Russell 1000 Index companies are researched by ISS ESG, the responsible investment research arm of Institutional Shareholder Services. To compile the ranking, corporate data and information is obtained from publicly available sources only, rather than questionnaires or company submissions. Companies have the option to verify data collected for the ranking. Data and information used in the 2022 edition of the 100 Best Corporate Citizens ranking is from March 19, 2021, to March 18, 2022.
"Achieving the transformational targets in the Paris Agreement and UN Sustainable Development Goals in this decisive decade will require companies to truly embed ESG into the core of their business," said Dave Armon, CEO of 3BL Media. "The 100 Best Corporate Citizens of 2022 are answering the call by demonstrating the societal and bottom-line value of leadership and transparency around ESG topics. They are setting ambitious goals, outlining robust strategies for achieving them, disclosing data to measure progress, and accounting for all stakeholders in business decisions."
Hormel Foods continually receives accolades for its transparency and ESG efforts, including being ranked No. 57 on the U.S. Environmental Protection Agency's Fortune 500® list of the largest green power users from the Green Power Partnership, being named one of America's Most Responsible Companies for the third year in a row by Newsweek, being recognized as one of the World's Top Female-Friendly Companies by Forbes and receiving several Impact Awards from Progressive Grocer for its educational support and food security programs. The company recently launched its new set of corporate responsibility goals, the 20 By 30 Challenge, as part of its overall ESG strategy. The company's goals were based on a robust assessment process that identified and prioritized the topics most relevant to the business and its stakeholders. In addition, the company set goals that helped support the UN Sustainable Development Goals.
For access to the complete 100 Best Corporate Citizens of 2022 ranking and methodology visit: https://100best.3blmedia.com/.
ABOUT HORMEL FOODS — Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $11 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, Wholly®, Hormel® Black Label®, Columbus®, Jennie-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three years, is one of Fortune magazine's most admired companies, has appeared on the "100 Best Corporate Citizens" list 13 times, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.
Contact: Kelly Braaten
Hormel Foods
507-434-6352
media@hormel.com
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SOURCE Hormel Foods Corporation | https://www.wibw.com/prnewswire/2022/05/18/hormel-foods-named-one-top-corporate-citizens-united-states/ | 2022-05-18T12:38:23Z |
Man stabs another man ‘50 to 70′ times, killing him, then steals his tablet, police say
MESA, Ariz. (KTVK/KPHO/Gray News) – A man in Arizona was arrested after stabbing a man dozens of times, killing him, then stealing his tablet, according to police.
Mesa police said Roberto Villareal-Suarez, 38, is charged with first-degree murder and armed robbery.
Officers responded Friday morning to a report of a man found dead in the middle of an intersection. First responders arrived to find a man with “about 50 to 70″ stab wounds to his chest and torso.
The victim was identified as Jose Feliciano, 46.
Mesa police said they found Villareal-Suarez nearby with blood on his clothes and hands and took him into custody. He was also holding a tablet, which police said belonged to the victim.
Investigators also reviewed surveillance video from a nearby gas station, which they said shows Villareal-Suarez getting into a fight with Feliciano and stabbing him.
An eyewitness also told officers at the scene that it appeared that Villareal-Suarez was violently swinging his right arm while standing over Feliciano.
Police said during an interview, Villareal-Suarez admitted to stabbing Feliciano multiple times because he “wanted to kill him.” When asked about the tablet, Villareal-Suarez said he took it to try and use it or sell it for money because he was homeless.
As of Monday morning, Villareal-Suarez was being held on a $1 million bond.
Copyright 2022 KTVK/KPHO via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/16/man-stabs-another-man-50-70-times-killing-him-then-steals-his-tablet-police-say/ | 2022-08-16T16:31:34Z |
GREENWICH, Conn., June 24, 2022 /PRNewswire/ -- The non-profit Freedom to Operate (FTO) today issued the following statement regarding the U.S. Patent Trial and Appeal Board's (PTAB) response to its petition for Post Grant Review of Compass Pathways's Patents No. 10,947,257 and 10,954,259 directed to compositions and oral dosage forms containing its "Polymorph A" of psilocybin.
"While we disagree with the decision to disallow our petitions for Post Grant Review, we are confident that the PTAB's extremely narrow interpretation of Compass's patent claims will provide generic manufacturers of psilocybin with wide latitude to produce and commercialize psilocybin without risk of violating the Compass patents", said Carey Turnbull, founder and director of Freedom to Operate.
In its decisions, the PTAB construed Compass's "Polymorph A" claims narrowly, holding that they only cover psilocybin that has all of the x-ray powder diffraction (XRPD) peaks exactly as claimed. Most patent owners in cases involving claims with XRPD peaks try to give their claims some range outside the exact peaks stated in their claims, because often a product that the patent owner wants to allege infringes doesn't have those exact peaks. As a result of the Board's decision, Compass can't reasonably take that position. Instead, the PTAB has now given manufacturers of psilocybin a clear pathway for making sure that the psilocybin they manufacture or sell is not at risk of infringing Compass's "Polymorph A" patents.
FTO is a non-profit founded to advance science and education, specifically to support and facilitate scientific research, in the public interest and for the public benefit. In furtherance of its mission, FTO has filed three petitions for Post-Grant Review before the Patent Trial and Appeal Board of the U.S. Patent and Trademark Office seeking review of patents issued to Compass Pathways for certain medical uses of a particular polymorph of psilocybin, a well-known naturally occurring substance. FTO has challenged these patents that may have, if left uncontested, had the effect of chilling, and potentially preventing other individuals and organizations from engaging in research and innovation in the public interest relating to known medical uses of psilocybin, such as the treatment of depression. FTO will continue to challenge bad patents and, where appropriate, will support scientific research that contributes to the emergence of psychedelic science and the psychedelic renaissance.
About Freedom to Operate
Founded by Carey Turnbull in 2020, Freedom to Operate is a registered Section 501(c)(3) non-profit organization dedicated to advancing science and education, specifically research, in the public interest and for the public benefit.
"Freedom to operate" is a term of art in the field of intellectual property law, and refers to the ability to develop, manufacture, and market products without legal liabilities to third parties who claim intellectual property rights in those products. There is an important public policy interest in invalidating bad patents and promoting free competition that does not infringe on validly granted patents and other intellectual property rights. Issued patents are presumed valid and so operate to discourage investment by others into the same or similar subject matter. The public is benefited when potentially incorrectly issued patents are challenged or invalidated.
For more information, please visit www.freedomtooperate.org
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SOURCE Freedom to Operate | https://www.wibw.com/prnewswire/2022/06/24/freedom-operate-issues-statement-regarding-us-patent-trial-appeal-boards-response-petition-post-grant-review-compass-psilocybin-patents/ | 2022-06-24T18:23:41Z |
STAG INDUSTRIAL ANNOUNCES FIRST QUARTER 2022 RESULTS
Published: May. 3, 2022 at 3:06 PM CDT|Updated: 1 hour ago
BOSTON, May 3, 2022/PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG), today announced its financial and operating results for the quarter ended March 31, 2022.
"As previously announced, I will be moving to the Executive Chair role on July 1st," said Ben Butcher, Chief Executive Officer of the Company. "Bill Crooker, currently our President, will succeed me as CEO. I have full confidence in him, the rest of the STAG team and the direction of the Company."
First Quarter 2022 Highlights
Reported $0.30 of net income per basic and diluted common share for the first quarter of 2022, compared to $0.13 of net income per basic and diluted common share for the first quarter of 2021. Reported $52.8 million of net income attributable to common stockholders for the first quarter of 2022, compared to net income attributable to common stockholders of $20.9 million for the first quarter of 2021.
Achieved $0.53 of Core FFO per diluted share for the first quarter of 2022, an increase of 8.2% compared to first quarter 2021 Core FFO per diluted share of $0.49. Generated Core FFO of $97.1 million for the first quarter of 2022, compared to $79.8 million for the first quarter of 2021, an increase of 21.6%.
Produced Cash NOI of $122.9 million for the first quarter of 2022, an increase of 18.6% compared to the first quarter of 2021 of $103.7 million.
Produced Same Store Cash NOI of $103.6 million for the first quarter of 2022, an increase of 4.8% compared to the first quarter of 2021 of $98.8 million.
Produced Cash Available for Distribution of $82.4 million for the first quarter of 2022, an increase of 13.8% compared to the first quarter of 2021 of $72.5 million.
Acquired eight buildings in the first quarter of 2022, consisting of 1.8 million square feet, for $166.4 million, with a Cash Capitalization Rate of 5.0% and a Straight-Line Capitalization Rate of 5.2%.
Sold one building and one land parcel in the first quarter of 2022, consisting of 237,500 square feet for $36.1 million, resulting in a net gain of $24.0 million.
Achieved an Occupancy Rate of 96.9% on the total portfolio and 97.3% on the Operating Portfolio as of March 31, 2022.
Commenced Operating Portfolio leases of 3.1 million square feet for the first quarter of 2022, resulting in a Cash Rent Change and Straight-Line Rent Change of 15.2% and 25.1%, respectively.
Experienced 58.4% Retention for 3.4 million square feet of leases expiring in the quarter.
Subsequent to quarter end, on April 28, 2022, originated $400 million of fixed rate senior unsecured notes in a private placement offering.
Please refer to the Non-GAAP Financial Measures and Other Definitions section at the end of this release for definitions of capitalized terms used in this release.
The Company will host a conference call tomorrow, Wednesday, May 4, 2022 at 10:00 a.m. (Eastern Time), to discuss the quarter's results and provide information about acquisitions, operations, capital markets and corporate activities. Details of the call can be found at the end of this release.
Key Financial Measures
Definitions of the above-mentioned non-GAAP financial measures, together with reconciliations to net income (loss) in accordance with GAAP, appear at the end of this release. Please also see the Company's supplemental information package for additional disclosure.
Acquisition and Disposition Activity
For the three months ended March 31, 2022, the Company acquired eight buildings for $166.4 million with an Occupancy Rate of 96.4% upon acquisition. The chart below details the acquisition activity for the quarter:
The chart below details the 2022 acquisition activity and Pipeline through May 3, 2022:
The chart below details the disposition activity for the three months ended March 31, 2022:
Note: The chart above includes one parcel of land sold in the first quarter of 2022 for $190,000.
Leasing Activity
The chart below details the leasing activity for leases commenced during the three months ended March 31, 2022:
Additionally, for the three months ended March 31, 2022, leases commenced totaling 511,236 square feet related to Value Add assets and first generation leasing. These are excluded from the Operating Portfolio statistics above.
Capital Markets Activity
The chart below details the ATM program activity for the three months ended March 31, 2022:
On March 29, 2022, the Company physically settled a forward sale agreement for 1,200,000 shares related to the over-allotment option from the November 2021 public common stock offering for net proceeds of $49.7 million.
As of March 31, 2022, net debt to annualized Run Rate Adjusted EBITDAre was 5.1x and Liquidity was $397.1 million.
On April 28, 2022, the Company entered into a note purchase agreement to issue $400 million of fixed rate senior unsecured notes in a private placement offering with an interest rate of 4.12% and a ten-year term maturing on June 28, 2032.
Conference Call
The Company will host a conference call tomorrow, Wednesday, May 4, 2022, at 10:00 a.m. (Eastern Time) to discuss the quarter's results. The call can be accessed live over the phone toll-free by dialing (877) 407-4018, or for international callers, (201) 689-8471. A replay will be available shortly after the call and can be accessed by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the replay is 13728511.
Interested parties may also listen to a simultaneous webcast of the conference call by visiting the Investor Relations section of the Company's website at www.stagindustrial.com, or by clicking on the following link:
The Company has provided a supplemental information package with additional disclosure and financial information on its website (www.stagindustrial.com) under the "Quarterly Results" tab in the Investor Relations section.
Non-GAAP Financial Measures and Other Definitions
Acquisition Capital Expenditures: We define Acquisition Capital Expenditures as capital expenditures identified at the time of acquisition. Acquisition Capital Expenditures also include new lease commissions and tenant improvements for space that was not occupied under the Company's ownership.
Cash Available for Distribution: Cash Available for Distribution represents Core FFO, excluding non-rental property depreciation and amortization, straight-line rent adjustments, non-cash portion of interest expense, non-cash compensation expense, and deducts capital expenditures reimbursed by tenants, capital expenditures, leasing commissions and tenant improvements, and severance costs.
Cash Available for Distribution should not be considered as an alternative to net income (determined in accordance with GAAP) as an indication of our performance, and we believe that to understand our performance further, these measurements should be compared with our reported net income or net loss in accordance with GAAP, as presented in our consolidated financial statements.
Cash Available for Distribution excludes, among other items, depreciation and amortization and capture neither the changes in the value of our buildings that result from use or market conditions of our buildings, all of which have real economic effects and could materially impact our results from operations, the utility of these measures as measures of our performance is limited. In addition, our calculation of Cash Available for Distribution may not be comparable to similarly titled measures disclosed by other REITs.
Cash Capitalization Rate: We define Cash Capitalization Rate as calculated by dividing (i) the Company's estimate of year one cash net operating income from the applicable property's operations stabilized for occupancy (post-lease-up for vacant properties), which does not include termination income, solar income, miscellaneous other income, capital expenditures, general and administrative costs, reserves, tenant improvements and leasing commissions, credit loss, or vacancy loss, by (ii) the GAAP purchase price plus estimated Acquisition Capital Expenditures. These Capitalization Rate estimates are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2021.
Cash Rent Change: We define Cash Rent Change as the percentage change in the base rent of the lease commenced during the period compared to the base rent of the Comparable Lease for assets included in the Operating Portfolio. The calculation compares the first base rent payment due after the lease commencement date compared to the base rent of the last monthly payment due prior to the termination of the lease, excluding holdover rent. Rent under gross or similar type leases are converted to a net rent based on an estimate of the applicable recoverable expenses.
Comparable Lease: We define a Comparable Lease as a lease in the same space with a similar lease structure as compared to the previous in-place lease, excluding new leases for space that was not occupied under our ownership.
Earnings before Interest, Taxes, Depreciation, and Amortization for Real Estate (EBITDAre), Adjusted EBITDAre, Annualized Adjusted EBITDAre, and Run Rate Adjusted EBITDAre: We define EBITDAre in accordance with the standards established by the National Association of Real Estate Investment Trusts ("NAREIT"). EBITDAre represents net income (loss) (computed in accordance with GAAP) before interest expense, interest and other income, tax, depreciation and amortization, gains or losses on the sale of rental property, and loss on impairments. Adjusted EBITDAre further excludes straight-line rent adjustments, non-cash compensation expense, amortization of above and below market leases, net, gain (loss) on involuntary conversion, debt extinguishment and modification expenses, and other non-recurring items.
We define Annualized Adjusted EBITDAre as Adjusted EBITDAre multiplied by four.
We define Run Rate Adjusted EBITDAre as Adjusted EBITDAre plus incremental Adjusted EBITDAre adjusted for a full period of acquisitions and dispositions. Run Rate Adjusted EBITDAre does not reflect the Company's historical results and does not predict future results, which may be substantially different.
EBITDAre, Adjusted EBITDAre, and Run Rate Adjusted EBITDAre should not be considered as an alternative to net income (determined in accordance with GAAP) as an indication of our performance, and we believe that to understand our performance further, EBITDAre, Adjusted EBITDAre, and Run Rate Adjusted EBITDAre should be compared with our reported net income or net loss in accordance with GAAP, as presented in our consolidated financial statements. We believe that EBITDAre, Adjusted EBITDAre, and Run Rate Adjusted EBITDAre are helpful to investors as supplemental measures of the operating performance of a real estate company because they are direct measures of the actual operating results of our properties. We also use these measures in ratios to compare our performance to that of our industry peers.
Funds from Operations (FFO) and Core FFO: We define FFO in accordance with the standards established by the National Association of Real Estate Investment Trusts ("NAREIT"). FFO represents net income (loss) (computed in accordance with GAAP), excluding gains (or losses) from sales of depreciable operating property, gains (losses) from sales of land, impairment write-downs of depreciable real estate, rental property depreciation and amortization (excluding amortization of deferred financing costs and fair market value of debt adjustment) and after adjustments for unconsolidated partnerships and joint ventures. Core FFO excludes amortization of above and below market leases, net, debt extinguishment and modification expenses, gain (loss) on involuntary conversion, gain (loss) on swap ineffectiveness, and non-recurring other expenses.
None of FFO or Core FFO should be considered as an alternative to net income (determined in accordance with GAAP) as an indication of our performance, and we believe that to understand our performance further, these measurements should be compared with our reported net income or net loss in accordance with GAAP, as presented in our consolidated financial statements. We use FFO as a supplemental performance measure because it is a widely recognized measure of the performance of REITs. FFO may be used by investors as a basis to compare our operating performance with that of other REITs. We and investors may use Core FFO similarly as FFO.
However, because FFO and Core FFO exclude, among other items, depreciation and amortization and capture neither the changes in the value of our buildings that result from use or market conditions of our buildings, all of which have real economic effects and could materially impact our results from operations, the utility of these measures as measures of our performance is limited. In addition, other REITs may not calculate FFO in accordance with the NAREIT definition as we do, and, accordingly, our FFO may not be comparable to such other REITs' FFO. Similarly, our calculation of Core FFO may not be comparable to similarly titled measures disclosed by other REITs.
GAAP: We define GAAP as generally accepted accounting principles in the United States.
Liquidity: We define Liquidity as the amount of aggregate undrawn nominal commitments the Company could immediately borrow under the Company's unsecured debt instruments, consistent with the financial covenants, plus unrestricted cash balances.
Market: We define Market as the market defined by CoStar based on the building address. If the building is located outside of a CoStar defined market, the city and state is reflected.
Net operating income (NOI), Cash NOI, and Run Rate Cash NOI: We define NOI as rental income, including reimbursements, less property expenses, which excludes depreciation, amortization, loss on impairments, general and administrative expenses, interest expense, interest income, gain (loss) on involuntary conversion, debt extinguishment and modification expenses, gain on sales of rental property, and other expenses.
We define Cash NOI as NOI less rental property straight-line rent adjustments and less amortization of above and below market leases, net.
We define Run Rate Cash NOI as Cash NOI plus Cash NOI adjusted for a full period of acquisitions and dispositions, less cash termination income, solar income and revenue associated with one-time tenant reimbursements of capital expenditures. Run Rate Cash NOI does not reflect the Company's historical results and does not predict future results, which may be substantially different.
We consider NOI, Cash NOI and Run Rate Cash NOI to be appropriate supplemental performance measures to net income because we believe they help us, and investors understand the core operations of our buildings. None of these measures should be considered as an alternative to net income (determined in accordance with GAAP) as an indication of our performance, and we believe that to understand our performance further, these measurements should be compared with our reported net income or net loss in accordance with GAAP, as presented in our consolidated financial statements. Further, our calculations of NOI, Cash NOI and Run Rate NOI may not be comparable to similarly titled measures disclosed by other REITs.
Occupancy Rate: We define Occupancy Rate as the percentage of total leasable square footage for which either revenue recognition has commenced in accordance with GAAP or the lease term has commenced as of the close of the reporting period, whichever occurs earlier.
Operating Portfolio: We define the Operating Portfolio as all warehouse and light manufacturing assets that were acquired stabilized or have achieved Stabilization. The Operating Portfolio excludes non-core flex/office assets, assets contained in the Value Add Portfolio, and assets classified as held for sale.
Pipeline: We define Pipeline as a point in time measure that includes all of the transactions under consideration by the Company's acquisitions group that have passed the initial screening process. The pipeline also includes transactions under contract and transactions with non-binding LOIs.
Renewal Lease: We define a Renewal Lease as a lease signed by an existing tenant to extend the term for 12 months or more, including (i) a renewal of the same space as the current lease at lease expiration, (ii) a renewal of only a portion of the current space at lease expiration, or (iii) an early renewal or workout, which ultimately does extend the original term for 12 months or more.
Retention: We define Retention as the percentage determined by taking Renewal Lease square footage commencing in the period divided by square footage of leases expiring in the period for assets included in the Operating Portfolio.
Same Store: We define Same Store properties as properties that were in the Operating Portfolio for the entirety of the comparative periods presented. Same Store GAAP NOI and Same Store Cash NOI exclude termination fees, solar income, and revenue associated with one-time tenant reimbursements of capital expenditures.
Stabilization: We define Stabilization for assets under development or redevelopment to occur as the earlier of achieving 90% occupancy or 12 months after completion. Stabilization for assets that were acquired and immediately added to the Value Add Portfolio occurs under the following:
if acquired with less than 75% occupancy as of the acquisition date, Stabilization will occur upon the earlier of achieving 90% occupancy or 12 months from the acquisition date;
if acquired and will be less than 75% occupied due to known move-outs within two years of the acquisition date, Stabilization will occur upon the earlier of achieving 90% occupancy after the known move-outs have occurred or 12 months after the known move-outs have occurred.
Straight-Line Capitalization Rate: We define Straight-Line Capitalization Rate as calculated by dividing (i) the Company's estimate of average annual net operating income from the applicable property's operations stabilized for occupancy (post-lease-up for vacant properties), which does not include termination income, solar income, miscellaneous other income, capital expenditures, general and administrative costs, reserves, tenant improvements and leasing commissions, credit loss, or vacancy loss, by (ii) the GAAP purchase price plus estimated Acquisition Capital Expenditures. These Capitalization Rate estimates are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2021.
Straight-Line Rent Change (SL Rent Change): We define SL Rent Change as the percentage change in the average monthly base rent over the term of the lease that commenced during the period compared to the Comparable Lease for assets included in the Operating Portfolio. Rent under gross or similar type leases are converted to a net rent based on an estimate of the applicable recoverable expenses, and this calculation excludes the impact of any holdover rent.
Value Add Portfolio: We define the Value Add Portfolio as properties that meet any of the following criteria:
less than 75% occupied as of the acquisition date;
will be less than 75% occupied due to known move-outs within two years of the acquisition date;
out of service with significant physical renovation of the asset;
development.
Weighted Average Lease Term: We define Weighted Average Lease Term as the contractual lease term in years as of the lease start date weighted by square footage. Weighted Average Lease Term related to acquired assets reflects the remaining lease term in years as of the acquisition date weighted by square footage.
Forward-Looking Statements
This earnings release contains certain 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. STAG Industrial, Inc. (STAG) intends 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 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe STAG's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "will," "expect," "intend," "anticipate," "estimate," "should", "project" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond STAG's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in STAG's most recent Annual Report on Form 10-K for the year ended December 31, 2021, as updated by the Company's subsequent reports filed with the Securities and Exchange Commission. Accordingly, there is no assurance that STAG's expectations will be realized. Except as otherwise required by the federal securities laws, STAG disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in STAG's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/05/03/stag-industrial-announces-first-quarter-2022-results/ | 2022-05-03T21:12:06Z |
NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Celsius Holdings, Inc..
Shareholders who purchased shares of CELH 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:
CLASS PERIOD: August 12, 2021 to March 1, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company had improperly recorded expenses for non-cash share-based compensation for second and third quarters of 2021; (2) as a result, the Company's financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius's internal controls over financial reporting; and (4) 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.
DEADLINE: May 16, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/celsius-holdings-inc-loss-submission-form/?id=25569&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CELH 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 May 16, 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 | https://www.wibw.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-celsius-holdings-inc-class-action-lawsuit-lead-plaintiff-deadline-may-16-2022-nasdaq-celh/ | 2022-04-06T11:11:12Z |
Franchise owners given opportunity to network while exploring educational and tech solutions
DENVER, Aug. 17, 2022 /PRNewswire/ -- AlphaGraphics, a leading franchisor of printing and marketing solutions, recognized top franchisees and discussed plans for the future recently during its 52nd annual conference at the Hyatt Regency in Denver.
"AlphaGraphics wouldn't be the brand that it is today without a combined effort from both our franchise owners and leadership team," said Bill McPherson, vice president of franchise development. "Our annual conference gives us an opportunity to celebrate the hard work of our franchisees while also discussing ways we can continue to thrive."
Several awards were given out at this year's conference, including:
- Franny: Lou Malooley, Georgia
- Rising Star: Clayton Authement, Texas
- Most Improved: Todd Bone, Texas
- Project of the Year: Gregg McDonough, Utah
- Community Impact: Ken and Barbara Adams, Texas
- Community Advocacy: Natalie Knight, Utah
- Top Overall Sales: Lynn Nelson, Idaho.
In addition to the awards ceremony, there were several networking events held throughout the conference, including technology expos on Aug. 4-5.
"We love recognizing our franchisees for the tremendous job they've done all year, but the annual conference also gives them a space to network and learn from other franchise owners under the AlphaGraphics flag," McPherson said. "They have the chance to discuss different strategies and develop new goals that could help them build their business once they returned home. It's a tremendous event all around, and we love hosting it every year."
AlphaGraphics was founded in 1970, and the company began offering franchise opportunities in 1979. For more information, visit http://www.alphagraphics.com.
About AlphaGraphics
AlphaGraphics, Inc., with more than 285 locations in 6 countries, is one of the largest U.S.-based networks of locally-owned and operated Business Centers offering a complete range of print, visual communications, and marketing products. Solutions include: full-service digital, offset, and large format printing; design services; mailing; one-to-one marketing solutions; promotional products; and web to print solutions. For more information about AlphaGraphics services, visit www.alphagraphics.com. To learn about franchise opportunities, visit www.alphagraphicsfranchise.com.
About MBE Worldwide
MBE Worldwide S.p.A. ("MBE"), a privately-owned company with its headquarters in Italy, is a Global Commerce enabler for SMBs and consumers thanks to its platform providing e-commerce, fulfillment, shipping, marketing and print solutions via multi-brand operations: PrestaShop, Mail Boxes Etc. (except the US and Canada), PostNet, PACK & SEND, Spedingo.com, AlphaGraphics, Multicopy and Print Speak. The combination of our retail platform - that currently counts 2,900+ Service Centers in 53 Countries with more than 12.000 associates - with our PrestaShop ecommerce platform served almost one million business customers in FY 2021 generating €1.01 billion (US $1.2 billion) of System Wide Sales and €24 billion (US $28.5 billion) of e-commerce Gross Merchandise Value.
For additional information please visit MBE Worldwide Group websites at www.mbecorporate.com - www.prestashop.com/en - www.mbeglobal.com - www.postnet.com - www.packsend.com.au - www.spedingo.com/en - www.alphagraphics.com - www.multicopy.nl - www.printspeak.com - www.mbe.it - www.mbe.es - www.mbe.de - www.mbefrance.fr - www.mbe.pl - www.mbeportugal.pt - www.mbe.co.uk
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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SOURCE AlphaGraphics | https://www.wibw.com/prnewswire/2022/08/17/alphagraphics-celebrates-franchisees-52nd-annual-conference/ | 2022-08-17T12:07:11Z |
Biden sees bigger role for US farms due to Ukraine war
WASHINGTON (AP) — President Joe Biden wants to put a spotlight on the spike in food prices from Russia’s invasion of Ukraine when he travels to an Illinois farm to emphasize how U.S. agricultural exports can relieve the financial pressures being felt worldwide.
The war in Ukraine has disrupted the supply of that country’s wheat to global markets, while also triggering higher costs for oil, natural gas and fertilizer. The U.N. Food and Agriculture Organization said its food price index in April jumped nearly 30% from a year ago, though the index did decline slightly on a monthly basis. Americans are also bearing some pain as food prices are up 8.8% from a year ago, the most since May 1981.
The trip to Illinois on Wednesday is an opportunity for Biden to tackle two distinct challenges that are shaping his presidency. First, his approval has been dogged by high inflation and his visit will coincide with the release of the May consumer price index, which economists say should show a declining rate of inflation for the first time since August.
But much more broadly, it’s an opportunity to reinforce America’s distinct role in helping to alleviate the challenges caused by the war in Ukraine. The trip follows a similar pattern as Biden’s recent visit to an Alabama weapons factory highlighted the anti-tank Javelin missiles provided by the U.S. to Ukraine.
“He’s going to talk about the support we need to continue to give to farmers to help continue to produce more and more domestically,” White House press secretary Jen Psaki said Tuesday. “Just as we are providing weapons, we are going to work on doing what we can to support farmers to provide more wheat and other food around the world.”
The Democratic president noted in remarks Tuesday about inflation that Ukraine has 20 million metric tons of wheat and corn in storage that the U.S. and its allies are trying to help ship out of the country. This would help to address some supply issues, though challenges could persist.
Several House Democrats, including Speaker Nancy Pelosi, met with Biden on Tuesday after having visited Ukraine. They warned that the food shortage meant the consequences of the war started by Russian President Vladimir Putin would extend well beyond Ukrainian borders to some of the world’s poorest nations.
“It’s going to result in a hunger crisis, much worse than anybody anticipated,” Massachusetts Rep. Jim McGovern following the White House meeting.
An analysis this month for the center-right American Enterprise Institute by Joseph Glauber and David Laborde noted that countries in the Middle East and North Africa are mostly likely to suffer from the higher prices caused by grain shortages.
There are limits to how much wheat the U.S. can produce to offset any shortages. The Agriculture Department estimated in March that 47.4 million acres of wheat were planted this year, an increase of just 1% from 2021. This would be the fifth lowest amount of acres dedicated to wheat in records that go back to 1919.
Biden will be traveling with Agriculture Secretary Tom Vilsack to Illinois. After the president speaks at the farm, he will go to Chicago to speak at a convention for the International Brotherhood of Electrical Workers.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/11/biden-sees-bigger-role-us-farms-due-ukraine-war/ | 2022-05-11T10:55:26Z |
Additions Demonstrate Toronto-Based Enterprise Wealth Management Fintech's Commitment to Expanding Throughout North America as Company Enjoys Another Year of Significant Growth
TORONTO, April 12, 2022 /PRNewswire/ -- d1g1t, Inc., the first provider of an enterprise wealth management platform powered by institutional-grade analytics and risk management tools, today announced that it has added three U.S.-based senior leaders, moves that will allow the company to continue to build on its rapid growth trajectory:
- Sales veteran Tate Haymond, formerly of Nasdaq Asset Owner Solutions, as Chief Revenue Officer;
- Silicon Valley technology leader and software entrepreneur David Karchmer, as Chief Technology Officer; and
- Engagement expert Dianna Heideman, formerly of Envestnet Inc, as Vice President of Client Experience.
These additions come as d1g1t significantly expanded its business in 2021. The five-year-old company now employs more than 100 professionals, from under 60 a year ago, while its client base and revenues jumped by over 80%. The platform – which serves some of the top wealth management firms, multi-family offices, registered investment advisors (RIAs) and broker-dealers in Canada and the U.S. – doubled its assets under management to $150 billion.
"The sustained growth of our business and client base during yet another difficult year is a testament to our strong value proposition, as well as the quality and resilience of the amazing d1g1t team," said Dr. Dan Rosen, co-founder and CEO of d1g1t. "More than ever before, it is essential for wealth management businesses to have a premium technology platform that provides everyone in the firm with the information they need at their fingertips. That's exactly what d1g1t provides, and as evidenced by our growth trajectory, an increasing number of firms throughout the industry are coming to this realization."
Last summer, d1g1t announced a fundraising round, bringing the total amount of private investment to $35 million CAD. CI Financial Corp., the global asset manager and serial acquirer of U.S.-based RIAs, led this most recent round. New investors NAventures, National Bank of Canada's investment arm, and U.S. venture capital firm MissionOG also participated.
More recently, the company signed deals to deploy its platform to Raymond James Correspondent Services (RJCS) and National Bank Independent Network (NBIN), which is Canada's top clearing and custodian provider.
Dr. Rosen concluded, "Our ability to attract U.S.-based professionals with impressive resumes shows our commitment to becoming a presence throughout North America and further demonstrates d1g1t's position as a leader in providing advisors with a technology solution that drives strong business outcomes and elevates the experience of their clients. I am delighted to welcome Tate, David and Dianna to the d1g1t team."
Mr. Haymond has extensive experience in global sales and fintech, with a focus on new product launches and product development. His previous role was Global Head of Sales, Asset Owners at Nasdaq. Mr. Haymond was also part of the PerTrac leadership team, helping to facilitate the ownership transition to eVestment and again during the Nasdaq acquisition.
Mr. Karchmer was previously Senior Vice President of Engineering at Arch Systems, responsible for leading machine data and predictive analytics solution systems. He spent most of his career heading up software engineering teams at tech powerhouse Altera.
Ms. Heideman was previously Vice President of Client Experience Service at fintech firm Envestnet, where she spent most of her career focused on driving customer engagement and relationships.
About d1g1t Inc.
d1g1t is the industry's first enterprise wealth management platform powered by institutional-grade analytics and risk management tools that allows firms to elevate the quality of their advice and demonstrate its value to clients. Through a single integrated solution that covers the entire advisory lifecycle, d1g1t provides wealth management firms with a whole new set of capabilities they've never had before. Headquartered in Toronto, the company was founded and is led by an experienced financial technology team who have developed leading enterprise portfolio systems for many of the world's banks, institutional asset managers, hedge funds and regulators.
Visit d1g1t.com to learn more. Follow us on LinkedIn.
d1g1t, Inc. Media Contact
Michael Dugan
Haven Tower Group LLC
424 317 4852 / mdugan@haventower.com
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SOURCE d1g1t, Inc. | https://www.mysuncoast.com/prnewswire/2022/04/12/d1g1t-continues-rapid-growth-into-2022-with-announcement-three-us-based-senior-leaders/ | 2022-04-12T14:43:01Z |
ClassiJazzical – A Combination of Traditional Classical and Traditional Jazz Fused as One.
GLASTONBURY, Conn., Aug. 21, 2022 /PRNewswire/ -- It is 2022 and the Summer is ending, yet the music is heating up. James A Norkawich has released an EP entitled "Classical Elements" which highlights two Classical composers, Chopin, and Rachmaninoff. Both works by these immortal composers show not only the depth of their compositions, but also the technicality and diversity of James A Norkawich. Classical music and Jazz have a lot in common even though they are two separate styles of music. Classical music requires a certain skill set of staying on point to the music as written, and there is no room for any other interpretation, whereas Jazz opens the door for improvisation, colorful chord structure and more freedom to move around the instrument.
However, ……
Chopin's – Winter Wind (Op.25-11) and Rachmaninoff's Concerto (No.2) 1ST Movement, both display an element that is not only technically challenging, but also displays the improvisational elements that Jazz carries in the context of any given Jazz piece or performance.
James captures the key elements that provide the listener with a sense of excitement and movement while capturing an element of harmony and reality at the same time. This is the first Classical EP by James, and he hopes that this will bring more people to his brand of Jazz, Classical Crossover, and virtually any style he wishes to play on the keys or with his pen on the tablature.
Classical music, as like Jazz, has always been considered a special kind of music for a certain kind of audience. That stigma is something that James would like to break with his own brand and blend of artistic expression. James has had world acclaim with his Classical Crossover brand which is simply classically trained artists doing pop over music but keeping true to form in the style of Classical music.
This style, Classical & Jazz blended, James is trying to brand as ClassiJazzical which could have the beauty of a piece from the artistry of Mozart to the instrumentation of Charlie Parker and Miles Davis. "It has been done before," James said recently in an interview, "but now were going to take it to new heights never seen or heard by the mainstream music media. We need to think out of the box, develop something new, and be able to leave a legacy to our children, and our grandchildren. Music is what heals the soul. Music is the soundtrack of our lives, so why not make it a good one, and one that has sustenance and tangibility? That is what I am striving for, and I think this EP will show."
The EP Classical Elements will be available on all Streaming Platforms
Contacts Email -JamesANorkawich@gmail.com
Website for James A Norkawich - www.jamesanorkawich.com
Twitter - https://twitter.com/JNorkawichMusic
TikTok - https://www.tiktok.com/@jamesanorkawich
Instagram - https://www.instagram.com/jamesanorkawich/
Official Facebook Page - https://www.facebook.com/JamesANorkawich
Spotify - https://open.spotify.com/artist/6qi5IQRl3iahaR75zA6LuD?si=grs8MVfsTGOuPCYsRX3AFg
Deezer - https://deezer.page.link/ekDRVg4mFX7vHyHP8
I-Tunes - https://music.apple.com/us/artist/james-a-norkawich/1615404089
YouTube - https://www.youtube.com/channel/UCruW2ckvS-OYoNRqIQsSJGA
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SOURCE James A Norkawich | https://www.kxii.com/prnewswire/2022/08/22/jazz-pianist-looks-make-classijazzical-modern-style-music/ | 2022-08-22T04:10:02Z |
Ed Weeks talked about his “Weeks Eats” and how he started this series on his social media. He also shared details about his new series “Kung Fu Panda: The Dragon Knight” and what it was like to see the finished project after voicing the character Colin in the series..
“Kung Fu Panda: The Dragon Knight” is streaming now on Netflix.
This segment aired on the KTLA 5 Morning News on July 29, 2022. | https://cw33.com/entertainment-news/ed-weeks-shares-details-about-voicing-colin-in-the-new-series-kung-fu-panda-the-dragon-knight/ | 2022-07-29T20:38:23Z |
One preventive measure to avoid common workout injuries like an ankle sprain is to cross-train, according to the American Academy of Orthopaedic Surgeons.
Soft tissue injuries are the bane of any physically active person. They are the most common injuries in sport, can be difficult to heal and often reoccur, according to Sports Medicine Australia. Knowing how to help prevent them is key to staying healthy and active.
Your soft tissues support, connect and surround your bones and internal organs, and include muscles, tendons, ligaments, fat, skin and blood vessels. The most common soft tissue injuries occur in the muscles, tendons and ligaments. Think injuries such as hamstring strains, tennis elbow or ankle sprains. These afflictions often happen while exercising or playing sports, although sometimes they occur from unknown incidents.
Soft tissue injuries are generally traumatic or repetitive. That is, they can occur suddenly -- rolling your ankle when you step off a curb, for example -- or from overuse. While traumatic injuries are the most dramatic, repetitive injuries are more common, said Mike Matthews, a personal trainer in Ocala, Florida, and host of "Muscle for Life," a popular fitness podcast.
"Repetitive soft tissue injuries occur when a tissue undergoes more damage than it can heal from over a period of time," Matthews said. "The ultimate cause of all repetitive soft tissue injuries is simply doing too much, too soon."
To prevent a repetitive injury then, you need to take a measured approach to exercise and sports. Nix the weekend warrior approach in which you're inactive all week, then run 15 miles (24 kilometers) on the weekend.
"Moderation is key," said orthopedic physical therapist Scott Cheatham, a professor of kinesiology at California State University, Dominguez Hills.
It's also important to acclimate your body slowly to a given activity. "The only proven way to reduce your risk of repetitive soft tissue injury is to gradually increase your workout volume and intensity over time," Matthews said.
A good rule of thumb: Don't increase your workout volume more than 10% per week. And every four to eight weeks, give your body a rest by significantly reducing the volume and intensity of your workouts. "This 'three steps forward, one step back' approach requires discipline and isn't always fun," Matthews said, "but it's the best way to make your body more resilient and durable."
Cross-training is another good idea, which the American Academy of Orthopaedic Surgeons endorses. Since your body's soft tissues are working in different ways or even resting when you bike versus swim or play tennis, it's an easy preventive measure.
Diet, stress, sleep may increase risk, too
Avoiding soft tissue injuries isn't necessarily all about training, however. Research suggests major changes in your environment may affect your risk of injury, too, Cheatham said, such as poor nutrition, stress and lack of sleep. If you get less than seven hours of sleep at night for more than two weeks, your risk of musculoskeletal injury rises 1.7 times, found a 2021 study published in the journal Current Sports Medicine Reports. So eat well, get plenty of sleep and perhaps skip tough workouts when your stress levels are high.
And what about stretching? Stretching, warm-ups, a post-workout meal and other practices have long been touted to help avoid injury, yet there is no evidence to support these moves, Matthews said. Still, developing a strong core is always helpful, said physical therapist Aime Maranan, owner of Skillz Physical Therapy in Evanston, Illinois.
"If the muscles in your core aren't strong enough to withstand hours of training, their strength will go down, then the stability of the spine will go down, and then your nerves and soft tissues will be irritated," she said. "It's a domino effect."
Core exercises such as the plank are good, she said, or holding the tabletop position, where you lie on your back with your hips and knees at a 90-degree angle. The quadruped is valuable, too. This exercise involves getting onto your hands and knees, contracting your core, then alternating an extension of your right arm and left leg with an extension of your left arm and right leg.
Yet these exercises have to be performed properly, or ironically, they could cause a soft issue injury. So consult with a professional before doing them on your own to ensure proper form. This could be your physical therapist, chiropractor, personal trainer or fitness instructor.
Take any injuries seriously
If you do get injured despite your best precautions, take it seriously. "Even when people realize they have a soft tissue injury, they often carry on with their program and whistle past the graveyard, hoping it gets better with time," Matthews said. "More often than not, it just gets worse and worse until it hurts badly enough that the person simply can't train due to the pain."
Instead of ignoring that muscle or ligament strain, see a qualified health care provider and expect to spend a few weeks to a month or more recovering, depending on the severity of the injury, your age and other factors. Most importantly, complete your entire rehabilitation process so another injury doesn't occur, Cheatham said. No stopping the minute you start feeling a little better.
A positive mindset is also key to a speedy recovery. "If you think you will not get any better, you will not get any better. If you think you will get injured again, you will get injured again," Maranan said. "It starts with your mindset, then religiously doing your home exercises and your post-exercise recovery routine." And remember, stay mindful to stay true to form.
Sign up for CNN's Fitness, But Better newsletter series. Our seven-part guide up will help you ease into a healthy routine, backed by experts. Melanie Radzicki McManus is a freelance writer who specializes in hiking, travel and fitness.
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According to the July jobs report, employment is back to pre-pandemic levels. Read more about the report here!
This poll is not scientific - results reflect the opinions of respondents. | https://www.albanyherald.com/features/health/how-to-avoid-soft-tissue-injuries-according-to-experts/article_0a201fe8-a8a7-5ece-95d7-a935d455deba.html | 2022-08-10T12:52:02Z |
Illness interrupts O’Rourke campaign for Texas governor
SAN ANTONIO (AP) — Texas Democratic gubernatorial nominee Beto O’Rourke said Sunday that he had cleared his campaign schedule after receiving treatment at a San Antonio hospital for an unspecified bacterial infection.
In a statement tweeted Sunday by his campaign, O’Rourke said he sought treatment at Methodist Hospital in San Antonio after feeling ill Friday.
Intravenous antibiotic infusions improved his symptoms, O’Rourke said.
“While my symptoms have improved, I will be resting at home in El Paso in accordance with the doctors’ recommendations,” he said. “I am sorry to have had to postpone events because of this, but (I) promise to be back on the road as soon as I am able.”
O’Rourke continues to trail Republican Gov. Greg Abbott in opinion polls before the Nov. 8 general elections.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/28/illness-interrupts-orourke-campaign-texas-governor/ | 2022-08-28T22:25:11Z |
KAMALAME CAY, Bahamas, April 22, 2022 /PRNewswire/ -- "This is the power of a gathering: it inspires us, delightfully, to be more hopeful, more joyful, more thoughtful: in a word, more alive." Alice Waters.
Kamalame Cay Private Island Resort, beloved among its habitués for its casual, barefoot chic ethos, balmy beaches and legendary monthly Saturday luncheons (dubbed the "Secret Brunch Party Where Billionaires Let Loose" by Town and Country magazine), has introduced three new Chef's Table series to close out the 2021-22 season in a flavourful flourish. The culinary events, open to residents and guests alike by advance reservation, celebrate the bounty of the Bahamas and its paradisiacal natural beauty, from the earth, to the moon and the sea.
Chef's Table Events Include:
Ocean-to-Table Lunch; Every Wednesday in Season
(40 people maximum)
Held at a grand communal table set directly on the beach, this chef-created and executed menu celebrates the very best of what the ocean has to offer locally in season (fish, lobster, shrimp, crab, conch) and the best the season offers from the farm (herbs, vegetables, fruit). Menu celebrates the local fisherman, farmers, foragers, bakers and artisans from which each item is sourced. Paired with specialty cocktails and selection of wines.
Farm-to-Table Luncheon Pop-Up; First Saturday of Every Month
(30 people maximum)
Held on one long table set within the Cay's 100-acre coconut farm on adjacent Andros Island, which also serves as home to the resort's organic garden and "Cluckingham Palace" the Cay's free-range chicken farm. A chef-created and executed menu celebrates the very best of what farm has to offer, from wild-sourced and farm-raised poultry, eggs, meat and pork to the freshest seasonal herbs, fruits and vegetables; it is a tribute to local farmers, foragers, bakers and artisans from which the items are sourced. Paired with specialty cocktails and a selection of wines.
Summer Full Moon Dinner Series; Every Full Moon
(30 people maximum)
Stemming from the success of Kamalame's monthly wine pairing luncheons, the resort's Progressive Full-Moon Dinner Series launched this past January. Guests travel by "sand chariots" (golf carts) and dine at different locations across the Cay for each course, bathed in the glow of the moon against the dark skies over the Atlantic. Each dinner concludes on the beach at the resort's newly-opened Sugarcane beachside dining venue for dessert, a bonfire and of course, dancing!
Chef's Table Events may be reserved by contacting reservations 1 800 790 7971 (USA) or 011 44 208 819 3911 (London) or 1 416 477 1134 (Canada)
The Kalamame Cay 2021-2022 season ends August 31st 2022 and reopens for the 2022-23 season November 1st 2022. For more information about Kamalame Cay Private Island Resort, visit www.kamalame.com.
About Kamalame Cay: Named "No.1 Private Island Resort in The Bahamas" by both Condé Nast Traveler and Travel + Leisure for the last five years, Kamalame Cay is the antithesis of the corporate luxury resort. Accessible only by seaplane, helicopter, or boat, this family-owned island just a mile off the world's third-largest Great Barrier Reef, boasts world-class diving, boating, and fishing, the only overwater spa in the Bahamas, and some of the finest cuisine, wine, and spirits in the tropics. (Kamalame.com)
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SOURCE Kamalame Cay Private Island Resort | https://www.wibw.com/prnewswire/2022/04/22/splendid-tables-kamalame-cay-celebrates-final-months-2021-22-season-with-new-chefs-table-series/ | 2022-04-22T11:46:31Z |
THE WOODLANDS, Texas, Aug. 4, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that its board of directors has declared a $0.2125 per share cash dividend on its common stock. The dividend is payable on September 30, 2022, to stockholders of record as of September 15, 2022.
About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2021 revenues of approximately $8 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 70 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 9,000 associates within our four distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.
Social Media:
Twitter: www.twitter.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
LinkedIn: www.linkedin.com/company/huntsman
Forward-Looking Statements:
Certain information in this release constitutes 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. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed under the caption "Risk Factors" in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.
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SOURCE Huntsman Corporation | https://www.mysuncoast.com/prnewswire/2022/08/04/huntsman-announces-third-quarter-2022-common-dividend/ | 2022-08-04T21:11:20Z |
BETHLEHEM, West Bank (AP) — During a visit to the Israeli-occupied West Bank on Friday, President Joe Biden offered compassion and financial assistance for hope-starved Palestinians but also delivered a blunt acknowledgment that the “ground is not ripe” for new attempts to reach an elusive peace.
Political uncertainty in Israel, which is holding another round of elections in November, and the weakness of Palestinian Authority leadership has dimmed any chance of restarting negotiations that broke down more than a decade ago.
The stalemate has left millions of Palestinians living under Israeli military rule. Biden said they “deserve a state of their own that’s independent, sovereign, viable and contiguous. Two states for two peoples, both of whom have deep and ancient roots in this land, living side by side in peace and security.”
Although such a goal “can seem so far away,” he said he wouldn’t abandon the dormant peace process.
“Even if the ground is not ripe at this moment to restart negotiations, the United States and my administration will not give up on bringing the Palestinians and the Israelis, both sides, closer together,” Biden said during a joint appearance with Palestinian Authority President Mahmoud Abbas.
Biden offered more than $300 million for the Palestinians on Friday, including $201 million for a United Nations agency that helps refugees and a proposed $100 million for hospitals. The health care funding requires congressional approval.
Israel has also committed to upgrading wireless networks in the West Bank and Gaza, part of a broader effort to improve economic conditions.
However, Biden did not criticize Israel for expanding settlements, some of which resemble sprawling suburbs, in occupied territory that the Palestinians want for a future state. Nor did he mention his unfulfilled pledge to reopen a U.S. consulate in east Jerusalem, which served as a de facto embassy to the Palestinians before President Donald Trump closed it three years ago.
Abbas, in his own remarks, said “the key to peace” in the region “begins with ending the Israeli occupation of our land,” and he said Israel “cannot continue to act as a state above law.”
He also raised the death of Palestinian-American journalist Shireen Abu Akleh, saying her killers “need to be held accountable.”
Abu Akleh was shot during an Israeli military raid in the West Bank in May, and U.S. officials say she was likely killed unintentionally by Israeli troops. However, they did not say how they reached that conclusion, and the outcome angered many Palestinians, including her family, who accuse the U.S. of trying to help Israel evade responsibility.
Biden said the U.S. “will continue to insist on a full and transparent accounting of her death and will continue to stand up for media freedom everywhere in the world.”
He called her death “an enormous loss to the essential work of sharing with the world the story of the Palestinian people.”
Palestinian journalists wore black T-shirts with Abu Akleh’s picture and placed a poster of her on an empty chair in the room where the leaders spoke.
Biden’s trip to the West Bank was met with skepticism and bitterness among Palestinians who believe he has taken too few steps toward reviving peace talks, especially after Trump sidelined them while heavily favoring Israel.
Israel’s outgoing government has taken steps to improve economic conditions in the occupied West Bank and Gaza. But Yair Lapid, the 58-year-old caretaker prime minister, has no mandate to hold negotiations. Nov. 1 elections could also bring to power a right-wing government that is opposed to Palestinian statehood.
Meanwhile, the 86-year-old Abbas, whose Palestinian Authority administers parts of the occupied West Bank and cooperates with Israel on security, is more representative of the status quo than Palestinian aspirations.
His Fatah party lost an election, and control of Gaza, to the Islamic militant group Hamas more than 15 years ago. He called off the first national elections since then last year — blaming Israel — when Fatah appeared to be heading for another crushing defeat. Polls over the past year have consistently found that nearly 80% of Palestinians want him to resign.
On Friday, Hamas criticized Abbas for meeting with Biden, calling the U.S. “a partner in the aggression on our people.”
Palestinian leaders fear being further undermined by the Abraham Accords, a diplomatic vehicle for Arab nations to normalize relations with Israel despite the ongoing occupation. Biden, who arrived in Saudi Arabia later Friday to attend a summit of Arab leaders, hopes to broaden that process, which began under Trump.
Hours before Biden was set to become the first U.S. leader to fly directly from Israel to Jeddah, Saudi Arabia, the kingdom’s General Authority of Civil Aviation signaled the end of its strict limits on Israeli flights over its territory. Biden called the decision “an important step towards building a more integrated and stable Middle East region.”
It wasn’t the first presidential flight directly between Israel and the kingdom. President George W. Bush flew from Tel Aviv directly to Riyadh in 2008, and President Donald Trump flew from Saudi Arabia directly to Israel in 2017, but the White House nevertheless called it “historic.”
During his appearance with Abbas, Biden said he hopes that the Abraham Accords could ultimately benefit the Palestinians as well.
“I do believe that in this moment when Israel is improving relations with its neighbors throughout the region, we can harness that same momentum to reinvigorate the peace process between the Palestinian people and the Israelis,” he said.
However, apart from his visit to the West Bank, there was little mention of the Palestinians during the two days Biden spent in Israel, which he praised as a democracy that shares American values. At a news conference with Biden, Lapid evoked the U.S. civil rights movement to portray Israel as a bastion of freedom.
It all reeked of hypocrisy to Palestinians, who have endured 55 years of military occupation with no end in sight.
“The idea of shared values actually makes me sick to my stomach,” said Diana Buttu, a Palestinian lawyer and political analyst. “I don’t think Israeli values are anything that people should be striving towards.”
Both Biden and Lapid said they support an eventual two-state solution but their approach, often referred to as “economic peace” because of its focus on financial assistance and business development, has limitations.
“Mr. Biden is trying to marginalize the Palestinian issue,” said Mustafa Barghouti, a veteran Palestinian activist. “If he does not allow Palestinians to have their rights, then he is helping Israel kill and end the very last possibility of peace.”
Roughly 700,000 Jewish settlers now live on annexed land in east Jerusalem and the West Bank, which were seized in the Six Day War in 1967. Most of the world considers the expanding settlements illegal.
Well-known human rights groups have concluded that Israel’s seemingly permanent control over millions of Palestinians amounts to apartheid. One of those groups, Israel’s own B’Tselem, hung banners in the West Bank that were visible from the presidential motorcade.
Israel rejects that label as an attack on its very existence, even though two former Israeli prime ministers warned years ago that their country would be seen that way if it did not reach a two-state agreement with the Palestinians. The U.S. also rejects the apartheid allegations.
___
Krauss reported from Ottawa. Megerian reported from Washington. Associated Press writers Josef Federman in Jerusalem and Zeke Miller and Darlene Superville in Washington contributed to this report.
___
This story has been corrected to show Biden is not the first U.S. president to fly directly from Israel to Saudi Arabia. | https://cw33.com/news/politics/ap-politics/biden-heads-to-west-bank-with-little-to-offer-palestinians/ | 2022-07-15T19:01:23Z |
NEWPORT BEACH, Calif., May 16, 2022 /PRNewswire/ -- CureDuchenne, a leading global nonprofit focused on finding and funding a cure for Duchenne muscular dystrophy (DMD), today released a webinar on the upcoming opening of U.S. trial sites for Pfizer's CIFFREO trial, a phase 3 study in ambulatory boys with DMD to assess the safety and efficacy of an investigational mini-dystrophin gene therapy. In the webinar, Pfizer's Global Clinical Lead for Rare Neurological Diseases, Beth Belluscio, MD-PhD, presents critical updates on Pfizer's CIFFREO trial including trial design, safety considerations, key inclusion/exclusion criteria, and more. The presentation is followed by a thoughtful Q&A session with Debra Miller, Founder and CEO of CureDuchenne. Pfizer's Duchenne gene therapy program was acquired from Bamboo Therapeutics, which received funding from CureDuchenne in 2016.
To watch the webinar, visit https://www.cureduchenne.org/all-news/pfizer-ciffreo-webinar/.
"We're very excited that Pfizer's global gene therapy ambulatory study for Duchenne will be progressing and will now include U.S. sites. We look forward to the future with hope for gene therapy as we strive to improve and extend the lives of those living with Duchenne, a devastating disease," said CureDuchenne Founder and CEO Debra Miller.
DMD is the most common form of muscular dystrophy, occurring in approximately 1 in 5,000 male births. Those affected with Duchenne lose their ability to walk, feed themselves, and breathe independently and ultimately succumb to heart failure.
For more information, visit: www.ciffreoduchennetrial.com/ and clinicaltrials.gov/ct2/show/NCT04281485.
CureDuchenne is recognized as a global leader in research, patient care and innovation for improving and extending the lives of those with Duchenne muscular dystrophy. CureDuchenne is dedicated to finding and funding a cure for Duchenne by breaking the traditional charitable mold through an innovative venture philanthropy model that funds groundbreaking research, early diagnosis and community education. For more information on how to help raise awareness and funds needed for research, please visit www.cureduchenne.org.
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SOURCE CureDuchenne | https://www.wibw.com/prnewswire/2022/05/16/cureduchenne-hosts-conversation-with-pfizer-discuss-opening-first-us-sites-phase-3-trial-investigational-gene-therapy-ambulatory-patients-with-duchenne-muscular-dystrophy/ | 2022-05-16T19:17:15Z |
The Most Trusted Third-Party Automotive Brand Helps Car Owners Confidently Identify the Best Auto Repair Shops & Fair Prices for Repairs
ATLANTA, June 29, 2022 /PRNewswire/ -- Kelley Blue Book, a Cox Automotive company, today announced Service Advisor is now available for car owners nationwide. Service Advisor is designed to help car owners identify local auto repair shops and find fair prices for services rendered. Referencing data stemming from millions of services performed, Service Advisor answers key ownership questions like what services are needed and when to have them performed and most importantly, how much it should cost based on similar repairs in the area.
With inflation on the rise and both new and used vehicle inventory still constrained, the cost of keeping their current rides on the road is a major concern for most motorists. Additionally, according to the Cox Automotive Monthly Repair Order Revenue Index, the cost of repairs is on the rise. Average revenue generated per repair order rose for the sixth consecutive month after levelling off in November 2021. At 126.8, the Repair Order Revenue Index for May 2022 was up 11.7% year-over-year and up 0.08% from April 2022. (The index is benchmarked from January 2019 at a value of 100 to show comparison over time.)
"Given the vehicle inventory and pricing challenges facing car buyers right now, plenty of people are choosing to delay their next new or used car purchase," said Jason Allan, director of editorial for Kelley Blue Book. "As a result, it's even more important for owners to stay on top of their service and maintenance, and to know what they should pay for that work. With Kelley Blue Book Service Advisor, our data scientists leverage proprietary insights and industry data to help owners get the right service, from the right provider, at the right price. It's not easy to save money in the automotive market right now, but Service Advisor is helping car owners do just that."
To further expand visibility of Service Advisor with financially conscious drivers, Kelley Blue Book partnered with two top financial influencers: Haley Sacks—better known as MrsDowJones— and Seth Godwin. Sacks, founder of Finance is Cool, is a financial guru who guides everyday people in identifying areas to make and save money. Godwin comes from an automotive finance background and is best known for breaking down finance topics into digestible action items for his audience.
Sacks said, "At the end of the day, women make most of the important financial decisions at home, including when to buy and fix cars. The Kelley Blue Book Service Advisor at a more fundamental level facilitates better spending decisions, which is exactly what my audience is looking to do."
Service Advisor also provides insight on common problems car owners face and a Q&A forum where owners can ask service-related questions. Additionally, Service Advisor brings recalls to the forefront. Not only will consumers receive information on whether a vehicle has a recall, but they can also opt-in to real-time recall alerts with a list of local dealers who can repair the issue.
"Younger people have less experience to draw on when it comes to buying and maintaining vehicles," said Godwin. "For most, a car is their first major purchase, and it comes with a ton of responsibility. Many people don't have the resources or mentors to help them understand how to get the most out of the investment in their car. That's why I'm so excited to partner with Kelley Blue Book and help continue educating car owners of all ages and providing value to the financial and automotive communities."
For more information about Kelley Blue Book Service Advisor, visit [insert service advisor link]. For more information and news from Kelley Blue Book's KBB.com, visit www.kbb.com/media/, follow us on LinkedIn, Twitter like our page on Facebook and follow us on Instagram.
About Kelley Blue Book (www.kbb.com)
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry. Each week the company provides market-reflective values on its top-rated website KBB.com, including its famous Blue Book® Trade-In Values and Kelley Blue Book® Price Advisor tool, which provides a range for what consumers can reasonably expect to pay for a vehicle in their area. Car owners looking to sell immediately can also get a redeemable, transaction-ready offer with Kelley Blue Book ® Instant Cash Offer. The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies, and governmental agencies. Kelley Blue Book is a Cox Automotive brand.
About Cox Automotive
Cox Automotive Inc. makes buying, selling, owning and using vehicles easier for everyone. The global company's more than 27,000 team members and family of brands, including Autotrader®, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are passionate about helping millions of car shoppers, 40,000 auto dealer clients across five continents and many others throughout the automotive industry thrive for generations to come. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billion. www.coxautoinc.com
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SOURCE Cox Automotive Inc. | https://www.wibw.com/prnewswire/2022/06/29/cox-automotive-introduces-kelley-blue-book-service-advisor/ | 2022-06-29T18:08:47Z |
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