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Investment strengthens PineTree's ability to accelerate continued growth
Cambridge, Mass., June 7, 2022 /PRNewswire/ -- PineTree Therapeutics, Inc., an emerging leader in pioneering the development of disruptive therapies in Oncology, Immuno-oncology and other diseases, announced that the company has raised $23.5 Million for Series A1 funding. The investments, which will be used to advance our Oncology and Viral Diseases platforms, were made by InterVest, SK Securities, DSC Investment, J Curve Investment, Samho Green Investment, and SJ Investment Partners.
According to HoJuhn Song, Co-Founder and CEO of PineTree Therapeutics, the company has developed a highly differentiated platform to solve the world's difficult-to-treat diseases, which require unconventional approaches to deliver a new paradigm on providing real and meaningful benefits for patients. "Our approaches range from the degradation of drug resistant-oncogenic and immuno-oncology receptors, in situ cancer vaccination, to even anti-viral infection therapeutics, which is one of a kind and has never been tried before. Our leading bispecific antibody candidate is a first-in-class molecule in non-small cell lung cancer to degrade all tested EGFR mutants and expected to be dominant in the therapeutic field of EGFR TKI resistant tumors and EGFR mutated tumors."
TAER-TAB™, Tumor Associated Essential Receptor Targeting AntiBody, is a transformative antibody based receptor degradation platform that targets and potentially degrades drug-resistant or difficult-to-treat receptors present on many types of tumors and on different types of immune and disease cells. It has potential to generate many multivalent antibodies to degrade extracellular oncogenic receptors of interest as well as immuno-oncology antibodies to enhance adoptive anti-tumor immunity and prevent tumor recurrence.
PineTree Therapeutics is a pre-clinical stage Biotech company headquartered in Cambridge, MA and was founded in 2019. It has developed the TAER-TAB™ and ViTRAP™ technologies and is building a broad pipeline for hard-to-treat cancers and viral diseases, with an initial focus on oncology. For more information, please visit www.pinetreetx.com
Established in 1999, InterVest and its highly experienced investment professionals have been invested globally. 20 investment professionals are currently managing approximately $1 billion assets. For more information, please visit www.intervest.co.kr/html/main.html
SK Securities is one of Korea's premiere companies established in 1955, and has grown along with the development of the domestic financial industry. SKS has several businesses, which are of the nation's top quality, and are committed to contributing to the progress of Korea's capital market and securities industry by pursuing continuous innovation and differentiated financial capabilities. SKS Securities was awarded as No.1 in evaluations of various brands and services over several years and investment return on bonds were 9.3 billion won in 2021. For more information, please visit www.sks.co.kr/company_en/main/index.cmd
Established in 2012, DSC Investment has been one of the fastest growing and the most successful venture capital in South Korea. The firm gained its early reputation from successful invests into Biotech ventures such as ABL bio. Now not only maintaining its recognition as a renowned healthcare investor, but expanding its influence in Deep Tech and Consumer industry too. The company is expected to manage approximately $1.0B AUM this year and will to continue to invest in innovative entrepreneurs worldwide. For more information, please visit dscinvestment.com.
Contact
Youngbin Tak, MS, MBA
Project Manager and Strategic Alliance
Info@pinetreetherapeutics.com
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SOURCE PineTree Therapeutics | https://www.kxii.com/prnewswire/2022/06/07/pinetree-therapeutics-inc-secures-235-million-series-a1-funding-develop-cutting-edge-platform-technology-create-therapeutic-assets-unmet-medical-needs/ | 2022-06-07T14:50:28Z |
LEAWOOD, Kan., Sept. 6, 2022 /PRNewswire/ -- Torch.AI, pioneers of Data Infrastructure AI™, is testing a new artificial intelligence application with Henderson Engineers, a national building systems design firm, to unlock the creative and problem solving potential of the firm's more than 1,000 employees.
Henderson, one of the world's most prominent and successful building systems design and engineering firms, works on projects across the business, community, health, retail, and venue sectors, including many high-profile projects, such as SoFi Stadium, host site for the 2022 Super Bowl. The construction & engineering industry is known for sophisticated projects spanning huge supplier networks, strict building design standards, detailed job planning efforts, and tight margins. The industry relies on highly complex information contained in equally complex unstructured data: drawings, images, PDFs, handwriting, raw text.
Earlier this year, Henderson began testing new artificial intelligence from Torch.AI that could learn to read complex construction and engineering documents and diagrams. Past construction & engineering data sets were used to quickly train the AI with more than 340 million parameters and growing, which in turn creates new opportunities for automation and data sharing. The Torch.AI system has already read roughly 100,000 engineering drawings with remarkable accuracy. In one example, in less than one second the AI is able to identify, extract, and compare diagrams from 40+ page project files with an average accuracy of 98.9%.
Torch.AI's software helps unlock human potential by removing impediments to creativity and problem solving, namely mundane tasks created by the explosion of enterprise data and ever-increasing gaps in technology. The software begins by instantly figuring out what the data is and how it can be useful, then applies advanced machine learning to automate the steps necessary to deliver new insights and support decisions; all without human intervention.
"When Kevin Lewis, Henderson's CEO, and I got together to first discuss the partnership, I could tell they were already thinking way ahead of everyone else," says Brian Weaver, Chairman and CEO of Torch.AI. "As an engineering firm they are meticulous, thoughtful, strategic. We quickly saw the potential impact these new AI systems could have for their amazingly talented teams and are excited to continue growing our relationship."
Torch.AI, the Data Infrastructure AI™ Pioneers, are headquartered in Kansas City with offices in Washington, DC. The company developed the use of AI to process data in-flight, radically evolving analytic and operational capabilities in any IT environment. Torch.AI's products and people are currently actively supporting operations in industries including financial services & insurance, construction and engineering, healthcare, and the US Department of Defense, US Department of Homeland Security, and other agencies.
Henderson Engineers provides a wide array of building system design engineering services across a variety of building types, specializing in five market sectors: Business, Community, Health, Retail, and Venue. Their sister company, Henderson Building Solutions, is a turnkey construction management and commissioning services firm that provides a seamless bridge between design, construction, and ongoing maintenance. Together as Henderson Companies, they provide single source solutions for any project.
CONTACT: hello@torch.ai
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SOURCE Torch.AI | https://www.kxii.com/prnewswire/2022/09/06/henderson-engineers-torchai-test-new-ai-building-systems-design/ | 2022-09-06T11:27:56Z |
LAKE COUNTY, Ill. (WGN) — The alleged Highland Park Fourth of July parade shooter has been indicted on 117 counts.
Robert Crimo III faces 21 counts of first-degree murder — three counts for each of the deceased victims, according to the Lake County State’s Attorney’s Office.
The 21-year-old is also facing 48 counts of attempted murder and 48 counts of aggravated battery with a firearm for each parade victim who was struck by a bullet or shrapnel.
“I want to thank law enforcement and the prosecutors who presented evidence to the grand jury today. Our investigation continues, and our victim specialists are working around the clock to support all those affected by this crime that led to 117 felony counts being filed today,” State’s Attorney Eric Rinehart said.
He was initially charged with seven counts of first-degree murder with more charges expected on the day after the shooting.
He is accused of opening fire with an assault-style rifle from a rooftop, killing Nicolas Toledo, 78; Jacki Sundheim, 63; Katherine Goldstein, 64; Irina McCarthy, 35; and Kevin McCarthy, 37; Stephen Straus, 88; and Eduardo Uvaldo, 69.
The July 4 shooting also left an 8-year-old paralyzed and a toddler without his parents.
Crimo’s next court appearance is scheduled for Wednesday, Aug. 3.
A benefit show is scheduled for Wednesday night at Madame Zuzu’s, a plant-based tea house owned by Smashing Pumpkins frontman Billy Corgan and his partner Chloe Mende.
Earlier this month, Illinois Governor JB Pritzker issued an emergency rule change that would allow state police to reject Firearm Owner’s Identification card applications in circumstances similar to that of the alleged Highland Park shooter, who was able to obtain a gun permit despite previous concerns about his state of mind. | https://cw33.com/news/nexstar-media-wire/alleged-highland-park-parade-shooter-indicted-on-117-counts/ | 2022-07-27T21:46:24Z |
$3.8 Billion All-Cash Transaction Provides Liquidity for Watermark Lodging Trust Stockholders
CHICAGO, May 6, 2022 /PRNewswire/ -- Watermark Lodging Trust, Inc. ("Watermark," "WLT" or the "Company") announced today that it has entered into a definitive agreement with private real estate funds managed by Brookfield ("Brookfield"), under which Brookfield will acquire all of the outstanding shares of common stock of Watermark for $6.768 per Class A share and $6.699 per Class T share in an all-cash transaction valued at $3.8 billion, including the assumption of debt and preferred equity. The purchase price represents a premium of over 7.5% from the most recently published Net Asset Values per share as of December 31, 2021, of $6.29 per Class A share and $6.22 per Class T share.
The Watermark portfolio, built over a decade of investing and intensive asset management, is comprised of high-quality lodging assets consisting of 25 properties totaling over 8,100 rooms. These luxury and upper upscale assets are located in drive-to leisure destinations and gateway urban cities across 14 states with a high concentration in the Sun Belt region.
"We are very pleased to reach this agreement with Brookfield, as it achieves our longer-term objective of a liquidity event, while providing our stockholders with an immediate and certain cash value," said Michael Medzigian, Chairman and CEO of Watermark. "The transaction's premium to our most recently published Net Asset Values per share represents the strong execution of our entire team who have demonstrated the ability to find innovative solutions to address the challenges brought on by the COVID-19 pandemic. I would like to thank the members of our Watermark team, across all functions, for their dedication and hard work over the past several years."
"Hotels and resorts of this scale and quality are difficult to replicate," said Lowell Baron, Managing Partner and Chief Investment Officer in Brookfield's Real Estate Group. "This portfolio is well positioned given its concentration in high barrier to entry coastal destinations, gateway cities and the sunbelt."
Completion of the transaction is subject to certain closing conditions, including the approval of Watermark's stockholders. The proposed transaction has been unanimously approved by the Watermark Board of Directors and is expected to close in the fourth quarter of 2022.
Advisors
Morgan Stanley & Co. LLC is serving as exclusive financial advisor to the Company, Hodges Ward Elliott is serving as real estate advisor to the Company and Clifford Chance US LLP and Paul Hastings LLP are acting as legal counsel. Fried Frank Harris Shriver & Jacobson LLP is acting as legal counsel to Brookfield, and Citigroup, Bank of America, JP Morgan, and Wells Fargo are acting as financial advisors and providing financing for the transaction.
Watermark Lodging Trust
Watermark Lodging Trust, Inc. is a publicly registered, self-managed, non-traded real estate investment trust (REIT) that invests in, manages and seeks to enhance the value of interests in lodging and lodging-related properties. Over the past decade, Watermark and its predecessor companies (Carey Watermark Investors Inc., Carey Watermark Investors 2 Inc. and Watermark Capital Partners, LLC) have been among the largest and most active investors in the lodging industry creating a portfolio of high-quality assets in high barrier to entry and growth markets. www.watermarklodging.com
Brookfield Asset Management
Brookfield is a leading global alternative asset manager with approximately $700 billion of assets under management across real estate, infrastructure, renewable power and transition, private equity, and credit. Brookfield owns and operates long-life assets and businesses, many of which form the backbone of the global economy. Utilizing its global reach, access to large-scale capital and operational expertise, Brookfield offers a range of alternative investment products to investors around the world—including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Brookfield is listed on the New York and Toronto stock exchanges under the symbol BAM and BAM.A respectively.
www.brookfield.com
Additional Information and Where to Find It
This communication relates to the proposed merger transaction involving the Company. In connection with the proposed merger, the Company will file relevant materials with the Securities and Exchange Commission (the "SEC"), including a proxy statement on Schedule 14A (the "Proxy Statement"). This communication is not a substitute for the Proxy Statement or for any other document that the Company may file with the SEC and send to the Company's stockholders in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders will be able to obtain free copies of the Proxy Statement and other documents filed by the Company with the SEC through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed by the Company with the SEC will be available free of charge on the Company's website at www.watermarklodging.com or by contacting the Company's Investor Relations Department at (855) WLT REIT (958-7348).
Participants in the Solicitation
The Company and its directors and executive officers may be considered participants in the solicitation of proxies with respect to the proposed transaction under the rules of the SEC. Information about the directors and executive officers of the Company is set forth in its Annual Report on Form 10-K/A for the year ended December 31, 2021, which was filed with the SEC on April 27, 2022 and subsequent documents filed with the SEC. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will also be included in the Proxy Statement and other relevant materials to be filed with the SEC when they become available. Investors should read the Proxy Statement carefully when it becomes available before making any voting or investment decisions.
Forward-Looking Statements
The forward-looking statements contained in this communication, including statements regarding the proposed merger transaction and the timing and benefits of such transaction, are subject to various risks and uncertainties. Although the Company believes the expectations reflected in any forward-looking statements contained herein are based on reasonable assumptions, there can be no assurance that such expectations will be achieved. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words "believe," "expect," "intend," "anticipate," "estimate," "project," or other similar expressions. Such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results of the Company to differ materially from future results, performance or achievements projected or contemplated in the forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) risks associated with the Company's ability to obtain the stockholder approval required to consummate the merger and the timing of the closing of the merger, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all or that the closing of the merger will not occur, (ii) the outcome of any legal proceedings that may be instituted against the parties and others related to the merger agreement, (iii) unanticipated difficulties or expenditures relating to the transaction, the response of business partners and competitors to the announcement of the transaction, and/or potential difficulties in employee retention as a result of the announcement and pendency of the transaction, (iv) the possible failure of the Company to maintain its qualification as a REIT, and (v) those additional risks and factors discussed in reports filed with the SEC by the Company from time to time, including those discussed under the heading "Risk Factors" in the Company's most recently filed Annual Report on Form 10-K, as updated by subsequent Quarterly Reports on Form 10-Q and other reports filed with the SEC. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Investors should not place undue reliance upon forward-looking statements.
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SOURCE Watermark Lodging Trust | https://www.kxii.com/prnewswire/2022/05/06/watermark-lodging-trust-be-acquired-by-brookfield-real-estate-funds/ | 2022-05-06T21:26:16Z |
PITTSBURGH, Aug. 2, 2022 /PRNewswire/ -- "I came up with this item while braiding my two daughter's hair and half way through I would get tired," said the inventor from Jonesboro, Ga. "I created this device to help an individual while they are braiding hair to make the process easier."
She invented DM INVENTION that reduces the time it would normally take to portion the braiding hair. Hairstylists could utilize this system to keep their stations neat, clean and organized, which could contribute to greater customer satisfaction. This device could help save time and energy while working and help a stylist book more clients. Additionally, this could help the stylist easily and effortlessly change the braid size with the use of this device.
The original design was submitted to the Atlanta sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-AAT-4702, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/08/02/inventhelp-presents-braiding-assistant-device-aat-4702/ | 2022-08-02T18:31:11Z |
PITTSBURGH, Sept. 14, 2022 /PRNewswire/ -- "I love making the holidays fun for my children and I thought there could be an activity set to help parents bring more magic to all holidays," said an inventor, from Everett, Pa., "so I invented the GNOME IN THE HOME. My design would offer a wonderful and creative way for families with young children to enjoy the holidays and create new memories together."
The patent-pending invention provides a way to make holidays more exciting for young children. In doing so, it enhances fun and entertainment. It also could help to create special family memories and it can be used for various holidays throughout the year. The invention features a simple and user-friendly design that is easy to use so it is ideal for parents with young children.
The original design was submitted to the Philadelphia sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-PDK-243, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/09/14/inventhelp-inventor-develops-new-holiday-activity-set-pdk-243/ | 2022-09-14T19:33:01Z |
NEW YORK, July 26, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AYLA, REVB, TNXP, WTRH, and SNDL.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- AYLA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AYLA&prnumber=072620225
- REVB: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=REVB&prnumber=072620225
- TNXP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TNXP&prnumber=072620225
- WTRH: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=WTRH&prnumber=072620225
- SNDL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SNDL&prnumber=072620225
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/07/26/thinking-about-buying-stock-ayala-pharmaceuticals-revelation-biosciences-tonix-pharmaceuticals-waitr-holdings-or-sundial-growers/ | 2022-07-26T16:48:36Z |
Lady M is Committed to Deepening its investment in China with a Continual Focus on Product Excellence and Consistency
NEW YORK, July 14, 2022 /PRNewswire/ -- Over the last two decades, Lady M Confections Co., Ltd. ("Lady M") has seen remarkable growth as a renowned patisserie brand, with its cakes and confectioneries highly sought after all over the world. With over 50 locations globally, Lady M has set its sights on a company-owned strategy in Mainland China to strengthen the business and drive more growth in the region.
"Lady M is looking forward to taking a direct role in elevating the China business, a market that is pivotal to our growth strategy. We are fully committed to strengthening our presence, and to continue serving our loyal customers by having the ability to maintain and operate our boutiques to our brand standards," said Ken Romaniszyn, CEO of Lady M.
Lady M had worked with a licensing partner Shun Lee Shanghai Commercial Management Co., Ltd. ("Shun Lee") since 2017 when it made its entry into Mainland China. Shun Lee opened and operated over 20 boutiques in five approved provinces and cities including Beijing, Tianjin, Jiangsu, Zhejiang and Shanghai. Their License Agreement with Lady M expired on April 9, 2022, and was not renewed.
Lady M plans to shift operations to a 100% company-owned strategy. According to Romaniszyn, "We are excited to focus on developing the China market with new concept boutiques and innovative product offerings. This decision is important to us since it allows us to maintain the highest quality and consistency customers around the world have come to expect from Lady M."
About Lady M:
Lady M is a New York City luxury confections brand with over 50 boutiques worldwide. Created in 2001 and led by CEO Ken Romaniszyn, Lady M is the creator of the world famous Mille Crêpes. Lady M marries French pastry techniques with Japanese sensibilities, resulting in delicate cakes that are a touch sweet and perfect for every occasion. All cakes are handmade and prepared fresh without food additives or preservatives. Lady M's recipes have been refined over years to provide the finest quality in taste and appearance. Indulge in a world of cakes and confections at LadyM.com.
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SOURCE Lady M Confections Co. | https://www.wibw.com/prnewswire/2022/07/14/lady-m-targets-company-ownership-boutiques-key-growth-mainland-china/ | 2022-07-14T14:36:10Z |
PITTSBURGH, May 16, 2022 /PRNewswire/ -- "I wanted to create a way to make a brand name rechargeable battery more useful and versatile," said an inventor, from Souris, MB., Canada, "so I invented the ULTIMATE ADAPTOR. My design would reduce the number of batteries and chargers to keep track of when working on projects."
The patent-pending invention enables an 18-volt DC power tool battery to be used with any cordless tool. In doing so, it eliminates the hassle associated with charging and using dedicated batteries. As a result, it saves time and effort and it increases efficiency. The invention features an adaptable and versatile design that is easy to use so it is ideal for trade workers and do-it-yourselfers. Additionally, a prototype model is available upon request.
The original design was submitted to the Toronto sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-TRO-520, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/05/16/inventhelp-inventor-develops-battery-adaptor-cordless-tools-tro-520/ | 2022-05-16T14:46:15Z |
RSI also Nominated as 'Employer of the Year' 'Socially Responsible Leader of the Year' & 'Leader of the Year,' in Prestigious Recognition by Online Gaming Peers
CHICAGO, May 27, 2022 /PRNewswire/ -- Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a leading online casino and sports betting company that operates the BetRivers and PlaySugarHouse brands, today announced that it has been named to the shortlist of nominees for the SBC Awards North America 2022. RSI has been recognized in the headline operator categories as 'Casino Operator of the Year,' 'Employer of the Year,' 'Socially Responsible Operator of the Year' and 'Leader of the Year.'
This recognition by SBC acknowledges and rewards the expertise and innovation of North America's leading operators in this fast growing, high-tech industry, who have exhibited excellence in the past year.
"We are incredibly honored to be shortlisted by the well-respected SBC Gaming media group, especially since their hand-selected judges, who represent the top leaders in the industry, recognized the quality of our company in multiple categories," said Richard Schwartz, CEO of RSI. "We are extremely proud of the nominations and especially honored to be recognized for our corporate commitment to responsible gambling and player safety."
The winners will be announced at a ceremony at Pier Sixty in Manhattan on July 14, 2022, in front of an audience of 600 senior executives from some of the industry's most successful companies.
The SBC Awards North America ceremony is the culmination of a week of events at the SBC Summit North America, the biggest conference and trade show for the sports betting and iGaming industries in the US and Canada.
RSI is a trusted online gaming and sports entertainment company focused on markets in the United States, Canada and Latin America. Through its brands, BetRivers, PlaySugarHouse and RushBet, RSI was an early entrant in many regulated jurisdictions. It currently offers real-money mobile and online operations in thirteen U.S. states: Pennsylvania, Illinois, New Jersey, New York, Connecticut, Michigan, Indiana, Virginia, Colorado, Iowa, West Virginia, Arizona and Louisiana, as well as in the regulated international markets of Ontario, Canada and Colombia. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 in Chicago by gaming industry veterans, RSI was named the 2022 EGR North America Awards Operator of the Year, Customer Services Operator of the Year and Social Gaming Operator of the Year, and the 2021 SBC Latinoamérica Awards Sportsbook Operator of the Year. RSI was the first U.S.-based online casino and sports betting operator to receive RG Check iGaming Accreditation from the Responsible Gaming Council. For more information, visit www.rushstreetinteractive.com.
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SOURCE Rush Street Interactive | https://www.wibw.com/prnewswire/2022/05/27/rush-street-interactive-is-shortlisted-casino-operator-year-among-other-best-of-categories-sbc-awards-north-america-2022/ | 2022-05-27T16:12:22Z |
AUSTIN, Texas, May 14, 2022 /PRNewswire/ -- The Texas Blockchain Council, a trade association representing the bitcoin mining industry in Texas, announced today that the bitcoin miners responded to the conservation notice that was issued by ERCOT yesterday. Some facilities shut down while many will ramp down in the afternoons this weekend when power is in high demand but then turn back on overnight when demand subsides.
"In addition to bringing jobs and tax revenue to rural areas of Texas, many of which are in need of economic revitalization, the bitcoin mining industry also provides greater grid resilience by acting as a controllable load," said Lee Bratcher, the President of the Texas Blockchain Council. "Bitcoin miners can turn off within just a few seconds which makes them a perfect resource for the grid regarding frequency balancing and demand response."
Samantha Robertson, Business Development lead at Bitdeer stated, "Due to unseasonably hot temperatures and unexpected drop in generation within the ERCOT system, Bitdeer powered down the entirety our datacenter in Rockdale on Friday, except for capacity enrolled in responsive reserves. We expect that capacity to be called back and will immediately respond when prompted by ERCOT."
Miners that were already enrolled in ancillary services within ERCOT are standing ready to power down at ERCOT's direction. As the bitcoin mining industry matures, more and more load will have the technical capability to take advantage of demand response and controllable load resources thereby creating more dispatchable load that can be used by all Texans at times of peak demand.
For press inquiries, please contact: press@texasblockchaincouncil.org
For more information, visit https://texasblockchaincouncil.org.
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SOURCE Texas Blockchain Council | https://www.wibw.com/prnewswire/2022/05/14/texas-bitcoin-miners-turn-off-conserve-power-grid/ | 2022-05-14T18:36:48Z |
Partnership to bring best-in-class safety technology to CM Truck Beds® and Dakota Bodies™ offerings
ADDISON, Texas, May 16, 2022 /PRNewswire/ -- American Trailer World (ATW®) today announced an all-new partnership with Tiger Cranes, aligning two of America's leaders in crane body design and distribution. Through this new partnership, customers will find a structurally premium crane body that will provide customers a full range lifting capacity when working in the field. ATW is North America's leading manufacturer, distributor, and retailer of professional and consumer grade trailers, truck equipment, parts, and accessories.
The new crane body from CM Truck Beds and Dakota Bodies will also feature triple lined doors, heavy duty decks, and available C Tech cabinets to allow users to customize their storage solutions. These crane bodies will also feature the newly released remote control door locks as an option. The new body is available in both 60" and 84" cab-to-axle configurations with tall front vertical boxes available on the curb side of the body. Tiger Cranes allows installers and users a turnkey, technologically advanced, and easy-to-use solution for customers' crane body needs.
"As users have demanded a more user-friendly crane body, our engineering and design teams have worked hard to develop a body that gives users many features while maintaining a price point that is palatable in the marketplace," said Joe Lewis, Vice President of ATW Truck Equipment, parent company of CM Truck Beds and Dakota Bodies. "With the ability to plasma cut all crane platforms to seamlessly fit the Tiger Cranes assembly, we are significantly reducing installation time and therefore allowing our customers to get to work faster."
"We are continually changing and updating our Tiger Cranes offerings to offer our partners and customers the latest innovation," said Tim Henrich, National Sales Manager of Tiger Cranes. "We were one of the first to have a load management system built into the crane controller."
CM Truck Beds currently distributes its products through a network of over 300 distributors across North America. Dakota Bodies, based in Watertown, SD is America's leading Utility Body manufacturer, focusing on standard service bodies and custom utility bodies.
Tiger Cranes is based in Sioux Center, Iowa, the crane brand of Service Trucks International, a leading manufacturer of custom mechanics bodies. Founded in 1985, STI has a long history of providing premium quality lifting devices to the Truck Equipment industry.
About American Trailer World
American Trailer World (ATW®) is on the road to reinvent the trailer industry – we live and breathe trailers, right down to the last bolt. From humble beginnings in the Lone Star State, we've grown to become the largest manufacturer, retailer, and distributor of professional and consumer grade trailers, truck equipment, parts and accessories in North America. Brands include Big Tex®, Big Tex Trailer World, PJ Trailers®, Carry-On Trailer™, Dakota Bodies™, CM Truck Beds®, RC Trailers®, and BWise Trailers®, TexTrail Trailer Parts®, Wholesale Trailer Supply, and Marius Garon, Inc.
For more information, please visit CMTruckBeds.com or DakotaBodies.com.
Contact
Jeffrey Parr
ATW
jeff.parr@atw.com
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SOURCE ATW | https://www.kxii.com/prnewswire/2022/05/16/atw-announces-partnership-with-tiger-crane/ | 2022-05-16T18:16:27Z |
ATLANTA -- U.S. Rep. Lucy McBath, D-Marietta, shared her painful story of multiple miscarriages before a House Judiciary Committee hearing on abortion rights Wednesday.
Committee Chairman Rep. Jerrold Nadler, D-N.Y., called the hearing in response to the leak of a U.S. Supreme Court opinion about two weeks ago. That draft opinion indicates the court is likely to overturn Roe v. Wade, the 1973 decision that gave American women the right to an abortion.
McBath raised the specter of the criminalization of miscarriage if abortion is outlawed, saying that she would not have had access to adequate medical care during her three miscarriages if abortion had been illegal.
“After which failed pregnancy should I have been imprisoned?" McBath asked. "Would it have been after the first miscarriage, after doctors used what would be an illegal drug to abort the lost fetus?
“I ask because the same medicine used to treat my failed pregnancies is the same medicine states like Texas would make illegal. I ask because if Alabama makes abortion murder, does it make miscarriage manslaughter?”
McBath is one of a growing number of women who have decided to publicly share their stories of abortion and miscarriage in response to the specter of losing the right to abortion. State Rep. Shea Roberts, D-Atlanta, shared her story of ending an unviable pregnancy during a press conference in Atlanta earlier this month.
“Women’s rights are human rights," McBath said. "Reproductive health care is health care. Medical decisions should be made by women and those that they trust, not politicians and officials.
“Freedom is our right to choose.”
McBath currently represents Georgia’s 6th Congressional District in Washington. However, Georgia’s recent redistricting process redrew the district lines to make it much more Republican-leaning.
Rather than take her chances running against a Republican in the 6th District in the November general election, McBath decided to run against current U.S. Rep. Carolyn Bordeaux, D-Suwanee, for the 7th District seat in next week’s Democratic primary.
The battle between the two is one of the most hotly contested Democratic races in the May 24 primary.
NARAL, a national pro-choice advocacy group, endorsed both McBath and Bordeaux last year.
Who are the most ageless athletes who competed well into their 40s or beyond? Drawing on sites such as Stathead and Olympedia, Stacker took a dive into greatness. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/congresswoman-tells-personal-story-before-committee-hearing-on-abortion-rights/article_bdc1f648-d799-11ec-bda6-17323bc75989.html | 2022-05-19T18:53:39Z |
Comedian Dave Chappelle has announced that, contrary to previous plans, the student theater at his alma mater, Duke Ellington School of the Arts in Washington, D.C., will not bear his name.
Comedian Dave Chappelle has announced that, contrary to previous plans, the student theater at his alma mater, Duke Ellington School of the Arts in Washington, D.C., will not bear his name.
Chappelle announced the decision at a dedication ceremony for the venue, according to a report from the Washington Post. Over the last few months, the entertainer has stirred controversy with transphobic comments and jokes that have drawn criticism from civil rights groups and students at the school.
During Monday's dedication ceremony, Chappelle said he decided to decline the honor because he did not want his name to distract from the students' work at the school. Last year, The Duke Ellington School of the Arts initially postponed the naming of their theater after backlash mounted over Chappelle's Netflix comedy special, "The Closer." The set included graphic jokes about transgender women.
"No matter what they say about 'The Closer,' it is still (one of the) most watched specials on Netflix," Chappelle said Monday, according to USA Today. "The more you say I can't say something, the more urgent it is for me to say it. It has nothing to do with what you are saying I can't say. It has everything to do with my freedom of artistic expression."
The theater will instead be called the Theater for Artistic Freedom and Expression.
Duke Ellington Principal Sandi Logan told the Washington Post the school has had several conversations with students and staff about Chappelle's inclusion.
Chappelle is from Washington, DC and a 1991 graduate of the the prestigious school, which educates a predominantly Black student body and, according to Logan, a significant LGBTQ community. Last year, Chappelle pledged to donate $100,000 to the school's theater.
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Gun safety activists decry inaction as US shootings surge
NEW YORK (AP) — Democrats have spent years pledging to address the gun violence that plagues communities across the U.S. But a surge of mass shootings over the weekend that left dozens wounded and two dead served as a reminder of how little they have accomplished since taking control of Washington 15 months ago.
The struggle for the Biden administration and Democrats in Congress to enact any meaningful legislation to enhance gun safety reflects how the party’s ambitious agenda has been frustratingly stunted by internal squabbling, the persistence of the pandemic and the war in Ukraine. The almost complete Republican opposition to Democratic priorities, including gun rules, has hobbled a party with razor-thin majorities in the House and Senate.
But that’s little solace to gun safety advocates and tens of thousands of shooting victims who were told Democrats would reduce gun violence if given the chance to govern. In an already difficult election year, the inaction threatens to further undermine the coalition of young people, women, voters of color and independents who helped deliver Joe Biden the presidency in 2020 and will be needed again if Democrats are to hold control of Congress.
“I’m just angry,” said David Hogg, a gun safety activist who survived the 2018 shooting that killed 17 people at Marjory Stoneman Douglas High School in Parkland, Florida. “We took the House and then we took the Senate and now we have the White House, too, and still, nothing is changing.”
Rep. Lucy McBath, D-Ga., whose son was shot to death nearly a decade ago, encouraged those frustrated with the pace of progress to be patient. She likened the fight to reduce gun violence to her parents’ fight for civil rights a generation earlier.
“Change doesn’t come as quickly as we ever want it to happen. Because understand, this is a culture that we’re having to change,” McBath said in an interview. “I know that we’re making real progress on this issue. The fact that I am actually in Washington, and I was elected in Georgia with a gun violence policy agenda ... tells you there is progress.”
Yet McBath’s return to Congress next year is far from assured. She’s locked in a competitive primary against Rep. Carolyn Bourdeaux in a redrawn district in Atlanta’s northeast suburbs.
Meanwhile, White House aides insist that Biden is doing all he can to keep the issue of gun violence front and center.
Just last week, the Democratic president signed an executive order to crack down on untraceable “ghost guns.” He also devoted part of his first State of the Union speech to gun violence and called for major increases in police funding in his 2023 budget proposal.
But some of those same progressives who cheered the president’s efforts insist he and his party are not doing enough.
“It’s appalling, it’s horrifying, it’s so very sad and embarrassing that this is just continuing and getting worse,” said Mark Barden, whose 7-year-old son, Daniel, was among 26 students and educators killed in a shooting at Sandy Hook Elementary School in 2012.
Barden now serves as co-founder and CEO of Sandy Hook Promise Action Fund, one of the gun violence prevention groups that emerged over the last decade to help counter the gun lobby’s influence on policy and politics.
“Congress needs to step up and get to work,” Barden said, noting that this December marks the 10th anniversary of his first-grade son’s murder.
Democrats’ frustration around gun violence prevention is not new.
After the Sandy Hook shooting, President Barack Obama tried and failed to convince Congress to enact popular gun safety measures like universal background checks and an assault weapon ban.
There’s little sign now that the Democrats who control Congress will send gun safety measures to Biden’s desk anytime soon.
The House passed legislation last year to expand background checks to include private and online sales, including at gun shows. But Senate Democratic leaders haven’t yet scheduled their version of the legislation for a vote. And facing near-unanimous GOP opposition, Democrats would need support from at least 10 Republicans in a 50-50 Senate to overcome any filibuster.
Sen. Chris Murphy, D-Conn., tried to bring the background check bill up for a Senate vote in December, but that effort failed when Republicans objected. Democratic Sen. Joe Manchin of West Virginia also opposes the House bill.
Asked whether Senate Majority Leader Chuck Schumer would bring gun safety legislation up for a vote, an aide pointed to comments the New York Democrat made in February.
“Sen. Murphy had been trying to work with Republicans to get 60 votes. He hasn’t given up on those efforts, although they’ve not gotten that far. But we’re going to keep pursuing background checks. I believe in that very, very strongly,” Schumer said at the time.
In the meantime, more Americans are dying from gun-related injuries than ever before.
In 2020, the most recent year for which federal data is available, 19,384 people were killed in gun homicides — a 35% increase from the previous year and the largest one-year increase in gun homicides on record.
Republicans have overwhelmingly opposed gun control measures, casting any tightening of current law as a threat to the constitutionally protected right to bear arms. The GOP has instead called for stronger policing and more gun ownership to combat the crime surge.
At the same time, Republicans have seized on the spike in violent crime under the broad umbrella of public safety as a wedge issue to reshape how voters view gun violence. Republicans did well across Virginia, New York, New Jersey and Pennsylvania in last fall’s off-year elections with public safety as one of their primary talking points.
And the gun lobby is convinced that public safety concerns will help its Republican allies retake the House, if not the Senate, this fall.
“We see a lot of opportunity” heading into the midterms, said National Rifle Association spokesperson Andrew Arulanandam. “Whether the gun control lobby realizes it or not, there’s an increased appreciation and realization in this country that gun control does not make people safer.”
The NRA has already celebrated sweeping successes at the state level in its push to allow people to carry concealed weapons without a license. Republican lawmakers in nine states enacted such laws since Democrats came to power in Washington in 2021. Overall, 25 states no longer require gun owners to have a permit to carry a concealed weapon in public.
Guns remain an incredibly divisive issue in American politics, though polling suggests the issue has been overshadowed over the last year by other events.
In an AP-NORC poll last December, 24% named gun laws in an open-ended question as one of five top issues for the government to work on in 2022. That ranked below other issues, like the economy, COVID-19 and even immigration, but the percentage prioritizing gun laws for 2022 grew from 5% for 2021 and 12% for 2020. The poll was conducted the weekend after a shooting at Oxford High School in Michigan killed four and injured seven.
Forty-one percent of Democrats named gun laws as a government priority in 2022, compared to just 6% of Republicans.
Meanwhile, gun safety groups like March For Our Lives are ratcheting up pressure on Democrats to take action. The group for the first time is backing primary challenges this spring and summer to Democratic incumbents who haven’t prioritized the issue.
On Tuesday, Hogg and other young activists with March For Our Lives dropped body bags outside Schumer’s New York office to protest his unwillingness to bring gun safety legislation to the Senate floor for a vote.
“Democrats suck at fulfilling these promises,” Hogg said.
___
Associated Press writers Kevin Freking and Hannah Fingerhut in Washington contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/19/gun-safety-activists-decry-inaction-us-shootings-surge/ | 2022-04-21T07:51:14Z |
Atlanta-Based Daily Fantasy Sports Leader Ranked 66th out of 5000 in First Year of Eligibility
ATLANTA, Aug. 16, 2022 /PRNewswire/ -- PrizePicks, the largest independently-operated daily fantasy sports company in North America, announced today it has been recognized as the fastest-growing sports company and 66th fastest-growing private company overall as part of the 2022 Inc. 5000 Fastest-Growing Private Companies in America List.
Historically, the annual list has been a benchmark of growth and progress for emerging companies over a three-year period from when they begin generating revenue, particularly among the privately-held companies.
In past years, fellow consumer-facing brands such as Facebook, Chobani, Under Armour, Microsoft, Patagonia and countless others have gained their first national exposure as honorees on the Inc. 5000.
"To be recognized by Inc. as the fastest growing sports company in the country is a huge honor and speaks to the grit, ingenuity and determination from everybody at our organization." PrizePicks Co-Founder & CEO Adam Wexler said. "We have accomplished this feat primarily as a result of our highly-efficient customer acquisition engine and premium unit economics, all while operating near breakeven levels and primarily leveraging revenue-based financing."
Over the past three years, PrizePicks has transformed from an emerging startup to a prominent and innovative player in the daily fantasy sports industry. In addition to its explosive three-year revenue growth, notable accomplishments during the time frame include:
- Registering over 1 million iOS app downloads
- Offering over 60 different sports leagues for member play
- Increasing total revenue by more than 600% between 2020 to 2021
- Eclipsing full-year 2021 revenue within the first six months of 2022
- Growing the organization headcount from 20 to more than 100, while recently being named a Top Workplace by the Atlanta Journal-Constitution
Metropolitan Atlanta was represented particularly well on this year's list, with over 200 companies from the area being recognized. Other notable honorees include Calendly, SnapNurse and Stord.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of COVID-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on August 23.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
PrizePicks is the most fun, fast and simple version of daily fantasy sports covering a wide variety of sports leagues from the NFL & NBA to League of Legends & Counter-Strike. Centered around selecting a fantasy roster of athletes, PrizePicks allows sports fans to pit their skills against the numbers rather than against a pool of thousands of other players. PrizePicks is currently available in the majority of the United States including top 10 markets like California, Texas, Florida & Georgia. With an existing digital footprint covering more than two-thirds of the U.S. population, PrizePicks is the most accessible type of game for the masses and has proudly paid out over $500 million in winnings during its lifetime. PrizePicks, born and based in Atlanta, GA, was recently recognized as the 2021 Fantasy Sports Business of the Year Award by the Fantasy Sports & Gaming Association and as the Fantasy/DFS Operator of the Year by EGR North America. PrizePicks is available in the App Store and Google Play or at prizepicks.com.
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
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SOURCE PrizePicks | https://www.wibw.com/prnewswire/2022/08/16/prizepicks-named-fastest-growing-sports-company-america-part-2022-inc-5000-list/ | 2022-08-16T17:48:26Z |
NEW YORK, April 3, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Cabaletta Bio, Inc. ("Cabaletta or the "Company") (NASDAQ: CABA) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of Pennsylvania, and docketed under 22-cv-00737, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) Cabaletta common stock pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company's initial public offering conducted on or about October 24, 2019 (the "IPO" or "Offering"); and/or (b) Cabaletta securities between October 24, 2019 and December 13, 2021, both dates inclusive (the "Class Period"). Plaintiff pursues claims against the Defendants under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act").
If you are a shareholder who purchased or otherwise acquired Cabaletta common stock pursuant and/or traceable to the IPO; and/or Cabaletta securities during the Class Period, you have until April 29, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Cabaletta, a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. The Company's proprietary technology utilizes chimeric autoantibody receptor (CAAR) T cells that are designed to selectively bind and eliminate B cells, which produce disease-causing autoantibodies or pathogenic B cells. Cabaletta's lead product candidate is DSG3-CAART, which is in Phase I clinical trial for the treatment of mucosal pemphigus vulgaris (the "Phase 1 Clinical Trial"), an autoimmune blistering skin disease, and Hemophilia A with Factor VIII alloantibodies.
On September 30, 2019, Cabaletta filed a registration statement on Form S-1 with the SEC in connection with the IPO, which, after amendment, was declared effective by the SEC on October 24, 2019 (the "Registration Statement").
On October 25, 2019, Cabaletta filed a prospectus on Form 424B4 with the SEC in connection with the IPO, which incorporated and formed part of the Registration Statement (the "Prospectus" and, together with the Registration Statement, the "Offering Documents").
Pursuant to the Offering Documents, Cabaletta conducted the IPO, selling approximately 6.8 million shares of common stock priced at $11.00 per share, for approximate proceeds of $69.5 million to the Company after applicable underwriting discounts and commissions, and before expenses.
The complaint alleges that, the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that: (i) top-line data of the Phase 1 Clinical Trial indicated that DSG3-CAART had, among other things, worsened certain participants' disease activity scores and necessitated additional systemic medication to improve disease activity after DSG3-CAART infusion; (ii) accordingly, DSG3-CAART was not as effective as the Company had represented to investors; (iii) therefore, the Company had overstated DSG3-CAART's clinical and/or commercial prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On December 14, 2021, Cabaletta issued a press release "report[ing] top-line data on biologic activity from the two lowest dose cohorts in the DesCAARTes™ Phase 1 clinical trial of DSG3-CAART for the treatment of patients with mucosal Pemphigus Vulgaris (mPV)." Among other results, Cabaletta reported that two cohort participants had "disease activity scores that worsened . . . after DSG3-CAART infusion" and thus "reduced or discontinued selected systemic therapies prior to DSG3-CAART infusion, as required by the protocol", while another participant "subsequently received systemic medication to improve disease activity after DSG3-CAART infusion."
On this news, Cabaletta's stock price fell $9.15 per share, or 73.14%, to close at $3.36 per share on December 14, 2021.
As of the time this Complaint was filed, the price of Cabaletta common stock continues to trade below the $11.00 per share Offering price, damaging investors.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/04/03/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-cabaletta-bio-inc-class-action-lawsuit-upcoming-deadline-caba/ | 2022-04-04T09:23:12Z |
Which light blue nail polish is best?
Are you looking for an attractive light blue nail polish for spring and summertime? Light blue isn’t as specific as you might think. You still have to wade through a lot of shades and finishes. Start by checking out the Butter London Patent Shine 10X Waterloo Blue Nail Lacquer in Waterloo blue for responsible, reliable color in a lovely shade of light blue.
What to know before you buy a light blue nail polish
Matte vs. glossy
After you pick a nail polish color, you have to choose a finish. Light blue nail polish can be glossy, with a slightly reflective surface, or matte with no shine. If you find the perfect shade of light blue in matte but would prefer it be a bit shiny, you can apply a glossy top coat nail polish to change the finish. Of course, there are matte top coat nail polish options too if you like the matte finish but want to add a protective coating to the color.
Types of nail polish
There are five primary types of nail polish that can last you a few days or a few weeks depending on the formula.
- Basic: This is your standard nail polish. It’s inexpensive, practical, easy to apply and easy to remove. It only lasts for about five days but doesn’t hurt your nails.
- Hard gel: This one can help extend nail length but must be removed by a professional technician at a salon. Provided it is applied and removed appropriately, it won’t damage your nails. It lasts for around two weeks.
- Acrylic: This is a liquid and powder blend that creates a hard layer on the nail. It can help extend nail length and doesn’t cause significant damage to your nails while lasting for two to three weeks.
- Shellac: A cross between gel and acrylic, this one requires a UV light to cure the color after it is applied. To remove it, nails must be soaked. It lasts for about two weeks.
- Dip powder: This is a pigmented powder applied on top of a base coat before a sealant is applied. It is great for getting precise lines without smudges around the cuticle and can last for up to a month.
Special properties
Some nail polishes come with creative finishing touches that go beyond just glossy or matte. There are over 20 types, but here are five of the most popular.
- Jelly: The color here is subtle, and the jelly base gives the color a luscious wet appearance.
- Metallic: There’s a metal-inspired gloss to metallic colors with a shimmer that shows off gold, copper, bronze or silver tones.
- Glitter: Packed with sparkle, glitter nail polish really makes your nails shimmer. It can be difficult to remove. To prevent the glitter from wearing off, a top coat is recommended.
- Pearlescent: This provides a beautiful shimmer for drawing attention, especially when you’re working with a paler color like light blue. There’s usually another tone worked into the primary color to create the shimmer effect.
- Color-changing: Some of these change color based on body temperature, while others react to UV rays from the sun. Make sure you like all the color options, as your nails won’t be light blue all the time.
What to look for in a quality light blue nail polish
Safe ingredients
A great light blue nail polish is made with safe ingredients. Vegan and gluten-free nail polishes provide peace of mind, but there are other components to consider. Look for a nail polish which specifies that it is made without formaldehyde, parabens and other harmful ingredients.
Quick-dry
If you don’t have an hour to spare sitting around waiting for your nails to dry, quick-dry nail polish is the way to go. These formulas contain more solvents for faster drying times that are under 20 minutes. Then, you can go ahead and apply a second coat or start using your hands without fear of smudging the color.
Nail strengthening
If you get your nails done a lot, you might worry about keeping your nails strong and healthy. A nail strengthening formula features more vitamins and proteins. It restores keratin in the nail to prevent breakage and cracking. Some light blue nail polishes come with nail strengthening formulas, but there are also clear coat nail strengtheners you can apply as a top coat.
How much you can expect to spend on light blue nail polish
Depending on the brand, light blue nail polish costs $8-$30.
Light blue nail polish FAQ
Is a base coat worth it?
A. A base coat provides a clear protective layer between your nail and the color of the polish. It can prevent staining and help your manicure last longer.
Can nail polishes that require a UV light be used at home?
A. You can purchase your own LED nail lamp for curing nail polish so that you can use UV-dependent polishes at home.
What’s the best light blue nail polish to buy?
Top light blue nail polish
Butter London Patent Shine 10X Waterloo Blue Nail Lacquer
What you need to know: This is a long-lasting glossy polish with a gel-like finish and a powder blue creme color.
What you’ll love: The color is pale but beautiful. It’s chip-resistant and fade-resistant. It’s vegan, cruelty-free and gluten-free. It’s made without parabens or formaldehyde.
What you should consider: It requires two coats for best results.
Where to buy: Sold by Macy’s
Top light blue nail polish for the money
Essie Bikini So Teeny Nail Polish
What you need to know: This cornflower blue nail polish has plenty of sparkle and a glossy finish.
What you’ll love: It’s durable and easy to apply with a subtle color that still pops. It’s smooth and lightweight, and it provides great coverage.
What you should consider: It takes longer to dry than some users would prefer.
Where to buy: Sold by Amazon and Ulta Beauty
Worth checking out
What you need to know: This is a tranquil light blue nail polish with a high gloss finish.
What you’ll love: It dries quickly and provides bright, long-lasting color. It’s made without harmful ingredients like formaldehyde, parabens and lead. It’s vegan and cruelty-free.
What you should consider: It’s more expensive than similar-quality nail polishes.
Where to buy: Sold by Amazon
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Emily Verona writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/nail-color-care-br/best-light-blue-nail-polish/ | 2022-05-05T05:04:57Z |
NEW YORK (AP) — With Kevin Durant, Kyrie Irving and James Harden, the Brooklyn Nets had expectations of being the last team standing.
Instead, they were the first team sent packing.
Irving wasn’t around to start the season. Harden was long gone before the end of it.
And after their flop culminated in a first-round sweep by the Boston Celtics, the Nets acknowledged that all their distractions off the court kept them from becoming a great team on it.
“We had our expectations. Everybody had expectations for us,” Durant said. “A lot of stuff happened throughout the season that derailed us, but I’m proud of how we just kept fighting and kept keeping the faith and every day were trying to work towards something.”
The Nets were thrown off course right from the start when Irving refused to get vaccinated against the coronavirus as mandated to play in New York City. The Nets initially kept him away from the team entirely until he could play in all their games, then brought him back in December to play only on the road after a COVID-19 outbreak left the team depleted.
Soon after, Harden began souring on Brooklyn. The Nets ended their Big Three experiment just 13 months after creating it when they traded him to Philadelphia in February for a package headlined by Ben Simmons.
Simmons never played for the Nets, a combination of back problems and mental health concerns ending hopes that he would suit up during the series against Boston.
It probably wouldn’t have mattered, anyway. The Celtics were a cohesive unit that got better as the season went on. The Nets were an underachieving team unable to outplay their dysfunction.
“I think it was just really heavy emotionally, the season. We all felt it,” Irving said. “I felt like I was letting the team down at a point, where I wasn’t able to play. We were trying to exercise every option for me to play. But I never want it to just be about me and it became a distraction at times, and as you see we just had some drastic changes.”
Irving wasn’t cleared to play in home games until late March, after an exemption to the city mandate. By then, the Nets had to overwork Durant after he returned from a sprained knee ligament just so they could play their way into the No. 7 seed through the play-in tournament.
They finished 44-38 yet still were considered dangerous against the top teams because of Durant and Irving. They weren’t, and only the ineptitude of the Los Angeles Lakers kept the Nets from claiming sole ownership of the most miserable season in the NBA.
And when it was finally over Monday, it had a feeling of goodbye and good riddance.
“I know so many people wanted to see us fail at this juncture, picked us as contenders and have so much to say at this point,” Irving said. “So I’m just using that as fuel for this summer and coming into this season starting from October and just getting a good start as a team, and hopefully we won’t run into any barriers and we can just start fresh.”
Other things to know about the Nets:
IRVING EXTENSION?
Irving is eligible for a contract extension this summer, after Durant signed one last summer. Despite all his missed games over the last two seasons when he wasn’t injured, the guard said he is committed to the team — and sees himself helping manage it along with Durant, owner Joe Tsai and general manager Sean Marks.
“In terms of my extension, I don’t really plan on going anywhere,” Irving said. “So like I said, this is added motivation for our franchise to be at the top of the league for the next few years and I’m just looking forward to the summer and just building with our guys here.
“When I say I’m here with Kev,” Irving added, “I think that it really entails us managing this franchise together, alongside Joe and Sean and just our group of family members that we have in our locker room and organization.”
SUPPORT FOR STEVE
Durant backed coach Steve Nash, who took some criticism during the series for his inability to adjust to make things easier for his superstar forward.
“Steve’s been dealt a crazy hand the last two years,” Durant said. “He’s been having to deal with so much stuff as a head coach, first-time coach. And trades, injuries, COVID, just a lot of stuff he had to deal with.”
SUPPORT FOR SIMMONS
Simmons cited mental health reasons for seeking a trade from Philadelphia and not suiting up for the 76ers this season. Nash said the Nets will be there for the 2016 No. 1 draft pick as he works through that and hopefully gets on the court for them next season.
“He’s a cornerstone, so we want to help him feel great, play great and become a part of this team,” Nash said.
HEALTHY HARRIS
The Nets should benefit next season from the return of Joe Harris, who led the NBA in 3-point shooting two of the previous three seasons but missed the final 68 games after having two surgeries on his left ankle.
NO REGRETS
Lineups with the firepower the Nets possessed don’t come around often, but Irving and Harden didn’t do their part. Only Durant, who averaged 29.9 points, was the player the Nets needed. Yet he said there were no regrets about the season.
“(Stuff) happens. No crying over spilled milk. It’s about how we can progress and get better from here,” Durant said. “I mean, we see that we’ve been through a lot this year. Everybody in the organization knows what we went through, so no need, no time to feel regret or be too pissed off. It’s about how we can find solutions to get better.”
___
More AP NBA: https://apnews.com/hub/nba and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/expected-to-be-a-force-nets-turned-out-to-be-a-farce/ | 2022-04-27T13:45:28Z |
Participants Invited to Booth 423 to Learn How IoT Data Can Improve their Top and Bottom Line
BOSTON and DALLAS, Sept. 12, 2022 /PRNewswire/ -- As restaurants and foodservice companies strive to improve performance despite inflation and labor shortages, technologies are helping reduce both risk and costs. At the same time, operators are increasing their operational efficiency, and enhancing their customer experience.
These technologies include the Open Kitchen® Internet of Things (IoT) platform from Powerhouse Dynamics. In conjunction with The Middleby Corporation, they are an official co-sponsor of FSTEC, taking place Sept. 19-21 at the Gaylord Texan in Grapevine, Texas.
The firm's leaders will be on hand to discuss their solutions, and how they're used by the nation's top brands, at Booth 423. They will also participate in Branded Strategic Hospitality's Innovation Forum, "It's Time to Play … Food Service Feud!" on Tues., Sept. 20 at 11 am CT.
"Business intelligence from IoT data is becoming a critical asset for restaurants striving for a comeback," said Jay Fiske, President of Powerhouse Dynamics. "This information empowers them to preempt safety, operational, and equipment issues while raising profits."
Powerhouse Dynamics' equipment agnostic Open Kitchen IoT platform offers real-time control and visibility into energy management, task management, food safety, and equipment health. By connecting their ovens, freezers, refrigerators, dishwashers, fryers, HVAC, and more, restaurants can automate much of their operations and access a plethora of actionable data across their portfolio. These automation capabilities advance their agility and speed—whether sharing recipes across ghost kitchens, providing a consistently comfortable and efficient environment for guests and staff, or monitoring HACCP compliance.
Open Kitchen also integrates with Bluezone® by Middleby, which uses UV technology to kill up to 99.9995% of airborne viruses indoors—providing extra reassurance to diners and staff as winter approaches.
Individuals who would like to learn more at FSTEC should contact Drew Holst, Vice President of Sales and Marketing, at drew@powerhousedynamics.com.
Founded in 2009 and acquired by The Middleby Corporation in 2019, Powerhouse Dynamics of Newton, MA is the leading provider of "Internet of things" (IoT)-based solutions to connect, analyze and control equipment to deliver enterprise-wide operational efficiencies. The company and its leaders have received many honors, including a 2022 Maverick Award from Inspire Brands®, Inc. as its most innovative supplier. To learn more, visit powerhousedynamics.com.
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SOURCE Powerhouse Dynamics | https://www.wibw.com/prnewswire/2022/09/12/powerhouse-dynamics-demonstrate-open-kitchen-iot-platform-restaurants-during-fstec-sept-19-21-grapevine-texas/ | 2022-09-12T21:50:54Z |
The First "One-Stop Shop" for Certified Minority and Women Owned Business Enterprises (M/WBEs) in the Commercial Real Estate Industry
NEW YORK, May 3, 2022 /PRNewswire/ -- JRT Realty Group, the largest woman-owned commercial real estate firm in the country, is pleased to announce that seasoned corporate real estate executive Pay Wu will serve as President of the newly formed MWBE Unite, Inc. This standalone Commercial Real Estate (CRE) platform supplier will pave the way for 100 percent Minority and Women participation, offering services that include strategic program management, Environmental, Social and Governance (ESG) advisory, social impact construction, development and management and property technologies. Jodi Pulice, Founder & CEO at JRT, will serve as CEO.
MWBE Unite is a significant step forward in bridging CRE supplier and workforce diversity gaps and creating accessible opportunities within those spaces. This one-stop shop will bring together M/WBEs and talented CRE individuals with the ultimate goal of advancing inclusionary practices across all aspects of the built environment. Working with MWBE Unite will also present a unique opportunity for organizations to meet their diversity commitments while also taking advantage of high-level industry expertise. The latest in Jodi Pulice's lifelong work to create career-building pathways and generational growth, this new entity will extend these ideals and offer credentialed expertise across services that cover the greatest challenges currently faced by the real estate industry, particularly those that pertain to achieving ESG and Diversity, Equity and Inclusion (DEI) goals.
"MWBE Unite's sole mission is to advance supplier and workforce diversity–a mission that is incredibly important to building for Next Gen diverse capabilities–and it fills me with great pride and confidence to have such an accomplished woman at the helm," Pulice said. "Pay Wu is incredibly qualified to lead this charge, and with JRT's support behind MWBE Unite, this new venture is poised to hit the ground running and bring the industry best-in-class service from qualified and diverse professionals."
Pay Wu, a proven leader in transformation at scale, most recently led Cushman & Wakefield's outsourcing corporate services business in the Americas East Region, spanning Consulting, Transactions Management, Project Development Services and Facilities Management. Prior to C&W, Wu was an SVP at TD Bank's North American Corporate Real Estate and VP, Head of Americas Region for American Express. Wu also comes from an extensive background in professional services consulting with Deloitte and Arthur Andersen.
"Diversity is a fact and inclusion is a choice that individuals and companies must consciously make," said Wu. "Building on that, equity is the outcome of choice. Organizing supplier and workforce diversity in CRE requires deliberate focus to action, and organizations such as MWBE Unite are important industry boosters. In collaboration with traditional providers, MWBE Unite will enable companies to meet their supplier diversity and ESG commitments and achieve Tier 1 and 2 status from their real estate lifecycle spend."
MWBE Unite, Inc. extends the services and offers credentialed expertise across the full range of programmatic services that cover the greatest needs/challenges currently faced by the real estate industry. The power of MWBE Unite enables organizations to meet its billion-dollar supplier diversity commitments and achieve Tier 1 and Tier 2 status from its real estate lifecycle spend. Real estate, as the third largest selling, general and administrative spend category is an untapped lever in achieving ESG and DEI goals, across all dimensions of services and assets. MWBE Unite is the solution to generational challenges with generational impact.
JRT is certified as a MWBE Enterprise by the Women's Business Enterprise National Council (WBENC), National Minority Business Council (NMBC) and numerous other state and local entities. Today, the company is recognized as an industry leader and the nation's largest certified M/WBE commercial real estate firm. The company's benchmark for superior service enables non-profits, federal, state and City governments, as well as Fortune 500 and institutional clients to achieve their diversity participation and spending goals through innovative business solutions. JRT provides a full range of customized client services, including strategic planning, corporate real estate portfolio management, tenant representation, leasing and property marketing, financing and investment sales.
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SOURCE MWBE Unite, Inc. | https://www.wibw.com/prnewswire/2022/05/03/jrt-realty-announces-formation-mwbe-unite-inc-pay-wu-named-president/ | 2022-05-04T02:16:53Z |
Police: Pennsylvania man tried to buy stolen human remains
(AP) - A Pennsylvania man was charged with abuse of a corpse, receiving stolen property and other charges after police say he allegedly tried to buy stolen human remains from an Arkansas woman for possible resale on Facebook.
A spokeswoman for the University of Arkansas for Medical Sciences in Little Rock confirmed that the remains were to be donated to UAMS’s facility. UAMS spokeswoman Leslie Taylor said they were instead stolen from Arkansas Central Mortuary Services in Little Rock by a female mortuary employee and sold, adding that there is an open federal investigation.
“We are very respectful of those who donate their bodies, and we are appalled that such a thing could happen,” Taylor said.
A representative of the mortuary hung up on a reporter who reached out for comment Thursday.
FBI Little Rock spokesman Conor Hagan said the office was aware of the Pennsylvania incident “but will not comment on ongoing investigations.” No charges had been filed as of Thursday against the Arkansas woman.
East Pennsboro Township Police in Pennsylvania announced the arrest of and charges against 40-year-old Jeremy Lee Pauley, of Enola, Pennsylvania. Pauley had been arrested on July 22 and had an initial court appearance Thursday.
Calls to an attorney representing Pauley were not returned late Thursday. Pauley was released on $50,000 bond, according to court records.
On a Facebook page under his name, Pauley has posted pictures of bags and stacks of femurs, one captioned, “Picked up more medical bones to sort through.” The Facebook page he uses to market his body parts is called “The Grand Wunderkammer,” “Vendors of the odd and unusual, museum exhibits, guest lectures, live entertainment, and so much more! Strange, curious, and unique in every way possible!” It also provides a link to his website.
“I think I’ve seen it all, and then something like this comes around,” said Sean McCormack, district attorney for Cumberland County, Pennsylvania, where Pauley was charged. “The question we had to answer was, Is the sale of body parts or bones and remains illegal ... or legal? Some of it, to our surprise, was legal. And as the investigation went on, it became clear there was illegal activity going on as well.”
Pauley, who described himself as a collector of what he called “oddities,” including human body parts, said the remains were acquired legally when first contacted by police, according to a police affidavit. Police initially found what they described as older human remains including full skeletons that they determined were legally obtained.
However, after a second tip about newer remains in Pauley’s home, investigators returned to the house to find more recent purchases. Police found three five-gallon buckets containing assorted body parts— including of children— and federal and state law enforcement agents intercepted packages addressed to Pauley from the Arkansas woman that contained body parts.
Pauley told investigators that he intended to resell the body parts, according to the affidavit. Investigators allege that Pauley arranged to pay the Arkansas woman $4,000 for the body parts through Facebook Messenger.
Facebook did not respond to messages seeking comments on Pauley’s pages. However, its community standards prohibit human exploitation and explicitly prohibit selling body parts through its commercial policies and advertising policies.
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Associated Press writer Kantele Franko of Columbus, Ohio, contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/19/police-pennsylvania-man-tried-buy-stolen-human-remains/ | 2022-08-19T02:10:09Z |
TORONTO, Aug. 15, 2022 /PRNewswire/ - MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) ("MediPharm", "MediPharm Labs" or the "Company") a pharmaceutical company specialized in precision-based cannabinoids, today announced its financial results for the three and six months ended June 30, 2022.
Streamlining and Focusing Operations
- On April 20th, experienced Pharma and Med Tech executive David Pidduck was named Chief Executive Officer and Director of the Company.
- Subsequent to the quarter, entered into a Share Purchase Agreement for the sale of MediPharm Labs Australia PTY for a minimum of AUD$6.9M, which is expected to close in Q3 or Q4 2022. The sale strengthens the balance sheet while enhancing capacity utilization at the Company's Canadian GMP facility. The Company expects to save approximately $4M in expenses annualized following the sale of this facility.
- Implemented a restructuring plan that will reduce Canadian non-manufacturing headcount by approximately 30%, reducing annualized expenses by approximately $3M beginning in Q3 2022.
- Engaged strategic M&A advisors to assess inorganic growth opportunities
Continued Progress Towards Leadership in the Cannabis-Based Pharmaceutical Opportunity
- Subsequent to the quarter, entered into a research support agreement with the Keck School of Medicine of University of Southern California to conduct a Phase 2 trial on the efficacy of THC and CBD to treat hospice-eligible patients diagnosed with dementia and experiencing agitation. The lead investigators have been awarded a total of US$16M in the form of grants from the US National Institute of Health and the National Institute on Aging.
Further Expansion of International Medical Business
- The Company's German partners, such as STADA, generated sequential growth in patient sales during Q2. MediPharm expects inventory replenishment by these partners during H2 2022 to have an incrementally positive impact on wholesale sales.
- Subsequent to the quarter, MediPharm received its first regulatory permits to ship GMP API to Denmark.
- Received its first commercial volume import permits from the Brazilian Health Regulatory Agency (Anvisa). Brazil is a large potential market with rigorous regulatory oversight. MediPharm is a one of only a few manufacturers with approved products for sale under the country's medical access program and has the only authorization for a product produced in Canada. First commercial shipments to Brazil are expected to be delivered in H2 2022.
Innovation and New Product Launches Drive Canadian Distribution Growth
- MediPharm began distributing Shelter Cannabis dried flower products in late Q2, beginning in Ontario, BC, and Alberta, followed by Quebec and Saskatchewan. Initial product feedback and demand has been positive.
- The Company successfully launched its innovative CBN and CBD soft chew, and a novel all-in one rechargeable vape pen and vape cartridge variety pack with three units per package. These products were delivered to the Ontario Cannabis Store warehouse in July and were available to consumers at the beginning of August, with plans to expand nationally in the coming months.
- As the Company continues to expand its portfolio to grow future sales, the MediPharm wellness cannabis oil remains a core product line. In Q2 2022, MediPharm held the number two market share nationally in this subcategory.
Solid balance sheet, materially debt free, outright ownership of key assets
- In July, the company was awarded a favourable summary judgment in the Ontario Court of Justice in connection with a supply agreement dispute in the amount of $9.8M. This summary judgement and subsequent payment, and the conditional sale of the Australian facility, are expected to add over $16M in cash to the balance sheet.
- The Company remains materially debt free and has outright ownership of its assets, including its GMP facility in Ontario.
David Pidduck, CEO, MediPharm Labs commented, "I joined MediPharm in late April, and we immediately increased our focus on improving efficiency, maximizing capacity utilization and re-allocating capital to the core opportunities that will maximize revenue growth potential. I continue to be impressed by the team's focus on being one of the most Pharma focused companies in the global Cannabis market. Our quality processes and GMP approach allow us to participate in the Pharmaceutical cannabis market, while being early entrants into large evolving international Cannabis markets that require GMP licences. The recent signing of a research agreement with the Keck School of Medicine at USC provides further evidence that MediPharm is well-positioned as a strong Pharma cannabinoid partner."
Mr. Pidduck, continued, "We will continue to push on innovation in the Canadian market and this quarter saw eight product launches. July saw the approval of four new products in the German market, which combined with the beginning of commercial shipments to Brazil, should contribute to growing international sales in the second half of the year. While we have more work to do, I am pleased with our progress over the past few months, and I look forward to continuing to update shareholders as we focus on driving efficiency and revenue growth."
Greg Hunter, CFO, MediPharm Labs added, "In Q2 MediPharm made notable progress growing its revenue base, reducing cash burn, and driving toward sustainable growth and profitability. The combination of the sale of our Australian asset and recent Canadian restructuring should result in approximately $7M in annualized savings beginning in Q3. With a strong cash balance of $22 million and no material debt, we are well positioned to take advantage of the growing global cannabis pharmaceutical and wellness markets."
MediPharm will host a conference call and webcast to discuss the Company's financial results and outlook.
Date: August 15, 2022 | Time: 8:30 a.m. ET
Conference ID: 4921762
Participant Dial-in: +1 (888) 330-2454 / International number: +1 (240) 789-2714
(Participants are asked to dial in approximately 15 minutes before the start of the call)
An audio webcast will be available in the Events section of the MediPharm website https://www.medipharmlabs.com/investors or by visiting the following link here.
For those who are unable to participate on the live conference call or webcast, a replay will be available approximately one hour after completion of the call.
Adjusted EBITDA and adjusted Gross Profit are not recognized performance measures under IFRS, do not have a standardized meaning and therefore may not be comparable to similar measures presented by other issuers. Adjusted EBITDA and adjusted Gross Profit are included as a supplemental disclosure because Management believes that such measurement provides a better assessment of the Company's operations on a continuing basis by eliminating certain non-cash charges and charges or gains that are non-recurring. Adjusted EBITDA is defined as net loss excluding interest, taxes, depreciation and amortization expense, interest income and expense, finance fees, gain in revaluation of derivative liabilities, taxes, impairment losses on inventory, write down of deposits and share-based compensation. Adjusted EBITDA has limitations as an analytical tool as it does not include depreciation and amortization expense, interest income and expense, taxes, share-based compensation and transaction fees. Because of these limitations, Adjusted EBITDA should not be considered as the sole measure of the Company's performance and should not be considered in isolation from, or as a substitute for, analysis of the Company's results as reported under IFRS. The most directly comparable measure to Adjusted EBITDA calculated in accordance with IFRS is operating income (loss). The above is a reconciliation of the Company's operating loss to Adjusted EBITDA. See "Reconciliation of non-IFRS measures" in the Company's Management's Discussion and Analysis for the period ended December 31, 2021, for additional information. Adjusted gross profit is defined as gross profit/(loss) excluding the adjustments for accelerated depreciation, write down of non-current deposits and write down of inventory. Adjusted gross profit is a useful measure as it represents gross profit for management purposes based on costs to manufacture, package and ship inventory sold, exclusive of any impairments due to changes in internal or external influences.
Founded in 2015, MediPharm Labs specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products utilizing a Good Manufacturing Practices certified facility with ISO standard-built clean rooms. MediPharm Labs has invested in an expert, research driven team, state-of-the-art technology, downstream purification methodologies and purpose-built facilities with five primary extraction lines for delivery of pure, trusted and precision-dosed cannabis products for its customers. Through its wholesale and white label platforms, MediPharm Labs formulates, develops (including through sensory testing), processes, packages and distributes cannabis extracts and advanced cannabinoid-based products to domestic and international markets.
In 2021, MediPharm Labs received a Pharmaceutical Drug Establishment Licence from Health Canada, becoming the only company in North America to hold a domestic Good Manufacturing Licence for the extraction of natural cannabinoids. The Company carries out its operations in compliance with all applicable laws in the countries in which it operates.
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate to, among other things, statements regarding: cash savings from the sale of the Australian facility and the corporate restructuring; the collection of the favourable summary judgment; the closing of the sale of the Australian facility; potential for material revenue growth for years to come; and the Company's transition towards pharmaceutical and medical markets reaching new heights. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inability of MediPharm to obtain adequate financing; the delay or failure to receive regulatory approvals; and other factors discussed in MediPharm's filings, available on the SEDAR website at www.sedar.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, MediPharm assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.
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SOURCE MediPharm Labs Corp. | https://www.mysuncoast.com/prnewswire/2022/08/15/medipharm-labs-reports-second-quarter-results/ | 2022-08-15T12:59:46Z |
NEW YORK, July 22, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Terra Tokens, including UST, LUNA, KRT, ANC, WHALE, ASTRO, APOLLO, XDEFI, MINE, aUST, vUST, MIR, Mirrored Assets (e.g. mBTC, mETH, mVIXY, mTSLA, etc.), Liquidity Pool tokens (e.g. UST-mVIXY-LP, bLUNA-LUNA-LP, XDEFI-UST-LP, etc.) and/or Bonded Assets (e.g. bLUNA and bETH) (together "Terra Tokens"), between May 20, 2021 and May 25, 2022, both dates inclusive (the "Class Period"), against Defendants TerraForm Labs Pte. Ltd ("TFL"), Jump Crypto, Jump Trading LLC, Republic Capital, Republic Maximal LLC, Tribe Capital, DeFinance Capital, DeFinance Technologies, GSR/GSR Market Limited, Three Arrows Capital Pte. Ltd, TFL's co-founder and Chief Executive Officer, Do Kwon, and TFL's Head of Research, Nicholas Platias (Kwon and Platias together, "Individual Defendants"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 19, 2022.
SO WHAT: If you purchased Terra 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 Terra class action, go to https://rosenlegal.com/submit-form/?case_id=7750 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 August 19, 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, TFL and the Individual Defendants violated provisions of the Securities Act by selling non-exempt securities without registering it. The complaint alleges that the TFL and Individual Defendants also violated provisions of the Securities Act by participating in TFL's failure to register the Terra Tokens.
Also according to the lawsuit, Defendants violated provisions of the Exchange Act by carrying out a plan, scheme, and course of conduct that TFL intended to and did deceive retail investors and thereby caused them to purchase Terra Tokens at artificially inflated prices; endorsed false statements they knew or recklessly should have known were materially misleading; and, made untrue statements of material fact and omitted to state material facts necessary to make the statements made not misleading.
The lawsuit further alleges non-securities claims, such as that Defendants violated provisions of the Racketeer Influenced and Corrupt Organizations Act ("RICO") by conducting the affairs of an enterprise through a pattern of racketeering activity, California common law claims for aiding and abetting and for civil conspiracy, and that the Defendants violated provisions of California common law by possessing the monetary value of Terra Tokens at inflated value which rightfully belongs to the putative members of the Class.
To join the Terra class action, go to https://rosenlegal.com/submit-form/?case_id=7750 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.wibw.com/prnewswire/2022/07/23/luna-investor-alert-rosen-globally-recognized-investor-counsel-encourages-terra-tokens-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-ust-luna-krt-anc-whale-astro-apollo-xdefi-mine-aust-vust-mir-mbtc-meth-mvixy-mtsla-ust-mvixy-lp-bluna-luna-lp-xdefi-ust-lp-bluna-beth/ | 2022-07-23T01:26:04Z |
Production of 17,913 gold equivalent ounces with $33.4 million in revenues; planned stripping contributing to higher costs, expected to normalize in H2 2022
(All dollar amounts expressed in US dollars unless otherwise noted)
TSX: GPR | NYSE American: GPL
VANCOUVER, BC, May 12, 2022 /PRNewswire/ - Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company"), a growth-oriented precious metals producer focused on the Americas, announces consolidated financial results for the three months ended March 31, 2022, from its three wholly-owned mines: the Tucano Gold Mine ("Tucano") in Brazil, and Topia and the Guanajuato Mine Complex ("the GMC") in Mexico, both primarily silver mines.
"First quarter 2022 results were in line with expectations and good progress was made on numerous fronts as we build back steady-state production at Tucano," stated Alan Hair, Chair and Interim CEO. "The first half of 2022 is focused on capital intensive programs required to safeguard production in the back-half of the year. Stripping of the TAP AB, TAP C and Urucum North pits is advancing in preparation for ore production in the third quarter, as is mobilization of the new mining contractor. Although still on the road to recovery, I believe we are turning a corner and expect to see improving results as the year progresses."
During the first quarter of 2022 ("Q1 2022"), progress was made in stripping the TAP AB, TAP C and Urucum North ("URN") pits despite rain levels being over 30% higher in the quarter than historical averages. The combination of significant stripping against anticipated low production of gold ounces in Q1 2022 resulted in higher unit costs than the comparative quarter in 2021, however these costs are expected to normalize in the second half of 2022.
- Consolidated metal production of 17,913 gold equivalent ounces ("Au eq oz"), inclusive of 14,319 gold ounces ("Au oz") and 173,698 silver ounces ("Ag oz")
- Consolidated cash costs of $1,725 per gold ounce sold compared with $954 in the first quarter of 2021 ("Q1 2021")
- Consolidated all-in-sustaining-costs ("AISC")1, excluding corporate G&A, of $2,740 per gold ounce sold compared with $1,557 for the same period in 2021
- Revenue of $33.4 million compared with $52.6 million in the same period in 2021
- Mine operating loss of $3.4 million compared with mine operating earnings of $11.0 million in Q1 2021
- Net loss of $8.9 million compared with net loss of $0.3 million in Q1 2021
- EBITDA1 of negative $1.2 million compared with EBITDA of $10.3 million for Q1 2021
- Updated Mineral Reserve and Mineral Resource ("MRMR") estimate for the Tucano gold mine successfully replaced mining depletion and extended mine life by 1.5 years
- New mining contractor, MINAX, on track to be fully mobilized during Q2
- Reported positive exploration results for the Coricancha development project in Peru that confirm the potential of the Escondida vein
- Recognized for executive gender diversity by The Globe and Mail's "Women Lead Here" benchmark
- Both Topia and the GMC received "Socially Responsible Company" distinctions, awarded by CEMEFI (the Mexican Center for Philanthropy).
As previously disclosed, the additional pushback of the UCS pit was postponed until the second half of 2022 following the rainy season. In Q1 2022, geotechnical studies were completed by the Company with the assistance of SRK Consulting that confirmed the value of ore in the UCS pit will support the pushback design. The pushback is estimated to total 8.5 million tonnes of waste removal.
During Q1 2022, 4,912 metres were drilled completing the 11,000-metre infill drilling program to support technical studies for the URN underground project. Final assays are being received and will be reported this quarter. Final results are also being received for more than 700 line-kilometres of multi-element soil geochemistry sampling carried out in 2021. This geochemical database will be interpreted to define and prioritize targets for follow-up and drilling in the second half of 2022.
For Q1 2022, the Company recorded a net loss of $8.9 million compared with net loss of $0.3 million for Q1 2021. Lower metal sales volumes due to low production, as explained above, offset partially by higher realized prices for gold, lead and zinc, resulted in a decrease in revenue to $33.4 million and mine operating loss of $3.4 million compared with revenue of $52.6 million and mine operating earnings of $11.0 million for Q1 2021.
Net working capital declined $18.4 million in Q1 2022 to negative $18.1 million. For Q1 2022, the Company incurred cash outflows from operating and investing activities of $20.1 million. The Company expects to generate positive cash flows from its mining operations in 2022 prior to capital investments, debt repayment obligations, and exploration and evaluation and development costs. The Company has determined that it will require further financing and will consider additional equity financing (including through use of the ATM facility) and debt financing, in order to meet long-term objectives, improve working capital, fund planned capital investments and exploration programs for its operating mines, pursue acquisitions and meet scheduled debt repayment obligations.
The Company's operations are on track to meet previously announced consolidated production guidance for 2022 of 100,000 to 119,000 Au eq. As disclosed in the Company's news release dated January 19, 2022, the second half of 2022 is expected to account for a least 65% of annual production guidance. The mine plan for Tucano reflects more stripping in the first half of 2022 and therefore consolidated AISC is expected to be higher in the first half and offset by increased production rates in the second half of 2022.
Production and AISC guidance here and elsewhere in this news release is forward-looking information that should be read in conjunction with the Cautionary Statement on Forward-Looking Statements section at the end of this news release and the Company's most recently filed Management Discussion and Analysis for the year ended December 31, 2021. The Company may revise guidance during the year to reflect actual results to date and those anticipated for the remainder of the year.
Refer to the Company's Management's Discussion and Analysis for the three months ended March 31, 2022 ("MD&A") for more details of the financial results and for reconciliations of the Company's non-GAAP performance measures to the nearest GAAP measure. The full version of the Company's unaudited condensed interim consolidated financial statements for the three months ended March 31, 2022 and 2021 and MD&A can be viewed on the Company's website at www.greatpanther.com, on SEDAR at www.sedar.com or on EDGAR at www.sec.gov/edgar.shtml. All financial information is prepared in accordance with IFRS, except as noted in the Non-GAAP Measures section of the Company's MD&A.
The Company will host a conference call and webcast to discuss Q1 2022 financial and operating results on Friday, May 13, 2022, at 9:00 AM PT/12:00 PM ET.
Live webcast and registration: https://www.greatpanther.com/investors/webcasts/
Conference Call:
Canada and US Toll-Free: + 1 800 319 4610
International Toll: + 1 604 638 5340
A replay of the webcast will be available on the Webcasts section of Great Panther's website. Audio replay will be available until June 13, 2022.
Audio Replay:
Canada and US Toll-Free: + 1 800 319 6413
International Toll: +1 604 638 9010
Replay Access Code: 8842
Great Panther is a growth-oriented precious metals producer focused on the Americas. The Company owns a diversified portfolio of assets in Brazil, Mexico and Peru that includes three gold and silver mines, an advanced development project and a large land package with district-scale potential. Great Panther is focused on creating long-term stakeholder value through safe and sustainable production, reinvesting into exploration and pursuing acquisition opportunities to complement its existing portfolio. Great Panther trades on the Toronto Stock Exchange trading under the symbol GPR and on the NYSE American under the symbol GPL.
The technical information contained in this news release has been reviewed and approved by Fernando A. Cornejo, P. Eng., Chief Operating Officer, a non-independent Qualified Person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of Canadian securities laws (together, "forward-looking statements"). Such forward-looking statements may include, but are not limited to, statements regarding (i) the Company's ability to build back to steady-state production in the second half of 2022 and to see improved results as the year progresses,(ii) the Company's ability to complete stripping in the TAP AB pit to access ore in the third quarter, (iii) the timing for completion of the mobilization of the Company's new contractor, MINAX, (iv) the Company's expectation that production costs will normalize in the second half of 2022, (v) the expectations that the Company's updated MRMR for Tucano is indicative of an extension of mine life by 1.5 years, vi) the Company's expectation that positive Coricancha drill results will confirm the potential of the Escondida vein, vii) the expected timing and size of the UCS pushback and the Company's ability to generate value from UCS, (viii) whether the Company's 11,000-metre infill drilling program will support a decision to commence the Urucum North underground project and whether regional exploration to date will lead to further definition of targets for the second half of 2022, (ix) the Company's ability to secure further financing to meet long-term objectives, improve working capital, fund planned capital investments and exploration programs for its operating mines, pursue acquisitions and scheduled debt repayment obligations, and * the Company's ability to achieve production within the range of its stated guidance and produce in the range of 35% of that production in H1 2022.
These forward-looking statements and information reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: continued operations and exploration work, including plans to complete infill drilling at Tucano in 2022 without significant interruption due to COVID-19 or any other reason; the accuracy of the Company's geological modeling at Tucano and the assumptions upon which they are based, ore grades and recoveries; prices for gold, silver, and base metals remaining as estimated; currency exchange rates remaining as estimated; prices and inflation rates for energy inputs, labour, materials, supplies and services (including transportation); all necessary permits, licenses and regulatory approvals for the Company's operations and exploration work are received in a timely manner on favourable terms, including permitting for tailings dam construction in Tucano; Tucano will be able to continue to use cyanide in its operations; the Company will not be required to impair Tucano as the current open pit mineral reserves are depleted through mining; the ability to procure equipment and operating supplies without interruption including the Company's ability to work with its current mining contractor in Tucano, U&M, to resolve equipment availability issues and restore contracted volume deficits without escalating to a formal dispute; the ability to fully mobilize the Company's new mine contractor, MINAX, in Q2; that there are no material unanticipated variations in the cost of energy or supplies; operations not being disrupted by issues such as pit-wall failures or instability, mechanical failures, labour disturbances and workforce shortages, illegal occupations or mining, seismic events, and adverse weather conditions; the Company's ability to comply with environmental, health and safety laws; the Company's ability to comply with Brazil's new tailings dam criteria and review processes and to secure the required permits for new tailings storage capacity beyond mid-2024 at competitive costs; and the Company's ability to maintain its stock exchange listings. The foregoing list of assumptions is not exhaustive.
These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to: the impact of COVID-19 on the Company's ability to operate and conduct exploration work, including drilling plans, as anticipated, and the risk of an unplanned partial or full shutdown of the Company's mines and processing plants, whether voluntary or imposed, which would adversely impact the Company's revenues, financial condition and ability to meet its production and cost guidance and fund its capital programs and repay its indebtedness; the inherent risk that estimates of Mineral Reserves and Resources may not be accurate and accordingly that mine production will not be as estimated or predicted; planned exploration activities, including plans for further exploration drilling and infill drilling may not result in the discovery of new Mineral Resources/definition of Mineral Resources and readers are cautioned that Mineral Resources that are not Mineral Reserves have no defined economic viability; there is no certainty that the Company will be able to define a mineral resource with infill drilling and the Company is undertaking new mineral resource studies at URN and is not treating the AMC historical estimate as a current mineral resource estimate; open pit mining operations at Tucano have a limited established mine life and the Company may not be able to extend the mine life for Tucano open pit operations beyond 2025 as anticipated; gold, silver and base metal prices may decline or may be less than forecasted; fluctuations in currency exchange rates (including the U.S. dollar to Brazilian real exchange rate) may increase costs of operations; operational and physical risks inherent in mining operations (including pit wall collapses, tailings storage facility failures, environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather) may result in unforeseen costs, shut downs, delays in production and drilling and exposure to liability; potential political and social risks involving Great Panther's operations in a foreign jurisdiction; the potential for unexpected costs and expenses or overruns; shortages in the ability to procure equipment and operating supplies without interruption including the inability of the Company to resolve concerns over lost production and equipment availability issues with contractor U&M and avoid any escalation to a formal dispute; employee and contractor relations; relationships with, and claims by, local communities; the Company's inability to obtain all necessary permits, licenses and regulatory approvals in a timely manner on favourable terms; changes in laws, regulations and government practices in the jurisdictions in which the Company operates; legal restrictions related to mining; diminishing quantities or grades of mineral reserves as properties are mined; operating or technical difficulties in mineral exploration; changes in project parameters as plans continue to be refined; the Company's inability to meet its production forecasts or to generate the anticipated cash flows from operations could result in the Company's inability to meet its scheduled debt payments when due or to meet financial covenants to which the Company is subject or to fund its exploration programs as planned; the Company's ability to raise additional financing to fund its operations, capital requirements or maturing debt obligations as required; the ability to maintain and renew agreements with local communities to support continued operations; ability to identify or complete acquisition opportunities or to complete acquisitions that are accretive to the Company; the potential for incremental closure bond requirements with respect to the Company's Coricancha mine and whether such requirements would have a material and adverse effect on the Company's liquidity and could require additional financing to be raised; the risk that the Company does not maintain its listing on the exchanges where it trades and that any delisting may have a material impact on the liquidity of its stock and its ability to raise capital; the potential for TSF permitting regulations in Brazil to negatively impact the Company's ability to maintain its existing tailings facilities without any modifications and to secure new tailings capacity at competitive costs or at all; and other risks and uncertainties, including those described in respect of Great Panther in its most recent annual information form and material change reports filed with the Canadian Securities Administrators available at www.sedar.com and reports on Form 40-F and Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov.
There is no assurance that these forward-looking statements will prove accurate or that actual results will not vary materially from these forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described, or intended. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward-looking statements and information are designed to help readers understand management's current views of our near- and longer-term prospects and may not be appropriate for other purposes. The Company does not intend, nor does it assume any obligation to update or revise forward-looking statements or information, whether as a result of new information, changes in assumptions, future events or otherwise, except to the extent required by applicable law.
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SOURCE Great Panther Mining Limited | https://www.kxii.com/prnewswire/2022/05/12/great-panther-reports-first-quarter-2022-financial-results/ | 2022-05-13T06:47:03Z |
PHILADELPHIA, July 20, 2022 /PRNewswire/ -- Berger Montague is investigating violations of the federal securities laws on behalf of investors who purchased Solana ($SOL) cryptocurrency tokens issued by Solana Labs, Inc. ("Solana Labs" or the "Company") between March 24, 2020, and the present, inclusive (the "Class Period").
If you purchased $SOL during the Class Period, would like to discuss Berger Montague's investigation, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Michael Dell'Angelo at mdellangelo@bm.net or (215) 875-3080 or visit: https://investigations.bergermontague.com/solana-labs/
Headquartered in San Francisco, Solana Labs, Inc., is a blockchain network and cryptocurrency operator. Solana Labs began issuing and offering $SOL cryptocurrency to U.S. investors on or about March 24, 2020.
According to a lawsuit recently filed in the United States District Court for the Northern District of California, Solana Labs and its co-defendants issued and sold $SOL without registering the tokens with the U.S. Securities and Exchange Commission (SEC) as required under the federal securities laws . The suit alleges that throughout the Class Period, Solana Labs and its co-defendants promoted and sold unregistered $SOL securities to investors, and that such investors have suffered losses as a consequence of the Defendants' misrepresentations and omissions.
Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
Whistleblowers: Anyone with non-public information regarding Solana Labs is encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.
Contacts
Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bm.net
Michael Dell'Angelo, Executive Shareholder
Berger Montague
(215) 875-3080
mdellangelo@bm.net
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SOURCE Berger Montague | https://www.mysuncoast.com/prnewswire/2022/07/20/berger-montague-investigates-securities-violations-against-solana-labs-inc-solana-foundation-lead-plaintiff-deadline-is-september-6-2022/ | 2022-07-21T00:24:51Z |
North Canton City Schools addresses filming of Jane Timken ad at Hoover High School
NORTH CANTON – North Canton City Schools officials say they will review their facility rental guidelines after parents and students questioned whether political candidates should be granted permission to film ads at school facilities.
Superintendent Jeff Wendorf read a statement at the start of Wednesday's school board meeting in response to parents and students who voiced concern over the district allowing U.S. Senate candidate Jane Timken to film a campaign ad in Hoover High School's gymnasium.
“At North Canton City Schools, we value and respect each student, which is reflected in our district values of relationships, respect, and integrity.
“It is regrettable that some of our students, especially our LGTBQ+ community, have been hurt by the content of the message filmed at our school. We do not endorse or support messages, ideals, beliefs, or platforms of individual political candidates or political organizations.
“We are currently reviewing our facility use and rental policies, guidelines, forms, and processes.”
More about North Canton schools:North Canton breaks ground on new school buildings, despite opposition
The 30-second video, released statewide on March 28, shows Timken standing in a gymnasium with girls practicing basketball in the background. Behind Timken, you can see a scoreboard with Hoover's Viking logos. In the ad, Timken criticizes the NCAA's rules that allow transgender women to compete in women’s college sports after completing a year of testosterone suppression treatment.
Hoover's Gay-Straight Alliance makes statement about Timken ad
Hoover senior Ash Barros spoke at the meeting as a representative of Hoover's Gay-Straight Alliance. Barros first thanked the superintendent for meeting with the GSA board last week to discuss the Timken ad.
“Our discussion, however, has not eased any of the tension between you and the North Canton LGBTQ+ community, despite the statement that was released last Friday,” Barros said. “The ad contains blatant rhetoric against transgender individuals and accuses the transgender community of attempting to 'take over' women’s sports.”
Barros said the district let days go by before “acknowledging the district’s standing on the matter and as a result have created a lack of trust.”
His statement included questions about why Timken selected North Canton’s gymnasium to film the commercial because she doesn’t live in the district or have children attending.
“We ask that the North Canton City Schools show growth and respect, in learning from their mistakes and working more actively in the future to show that our schools are not politically aligned toward either party. We are not asking officials to condemn Jane Timken, merely continue to reassure the community of Hoover’s neutrality when it comes to politics and its dedication to protect its students.”
Several students in support of the statement and the GSA also were in attendance.
Timken, who lives in the Jackson Local School District, is one of seven U.S. Senate candidates in the Republican primary vying to succeed retiring Rob Portman. The other Republican candidates are: Matt Dolan, Mike Gibbons, Josh Mandel, Neil Patel, Mark Pukita and J.D. Vance. | https://www.cantonrep.com/story/news/2022/04/14/north-canton-city-schools-addresses-filming-jane-timken-ad/7317026001/ | 2022-04-14T17:02:26Z |
Winter Weather Advisory issued May 30 at 2:01AM MDT until May 30 at 3:00PM MDT by NWS Riverton WY
* WHAT…Snow. Total snow accumulations of 6 to 10 inches,
especially above the 8000 foot elevation.
* WHERE…Yellowstone National Park and Teton and Gros Ventre
Mountains.
* WHEN…Until 3 PM MDT Monday.
* IMPACTS…Travel impacts likely over both Togwotee and Teton
passes.
* ADDITIONAL DETAILS…The heaviest snow is likely to fall before
9 AM this morning.
Slow down and use caution while traveling.
The latest road conditions for the state you are calling from can
be obtained by calling 5 1 1. | https://localnews8.com/weather/alerts-weather/2022/05/30/winter-weather-advisory-issued-may-30-at-201am-mdt-until-may-30-at-300pm-mdt-by-nws-riverton-wy/ | 2022-05-30T08:30:21Z |
CHICAGO, Aug. 9, 2022 /PRNewswire/ -- HUB International Limited (Hub), a leading full-service global insurance brokerage and financial services firm, announced today that it has hired financial advisor Bill McClain, President of WT McClain & Associates, Ltd., and acquired his book of business.
Based in Wilmette, Illinois, Bill McClain has been involved in the financial services industry for nearly 30 years assisting a variety of clients on understanding their investment objectives and risk management. McClain's expertise ranges from employee education and investment due diligence/asset allocation to vendor reviews/cost management and investment fiduciary liability management.
This move continues to expand Hub RPW with the addition of talent and resources to develop more comprehensive strategies for clients. Hub RPW works to help plan sponsors create an offering that aligns with their business strategy, navigates fiduciary risk and helps employees pursue their financial goals. The several registered investment advisory affiliates in Hub RPW provide investment advisory services to clients whose total assets are approximately $142 billion.
About Hub Retirement and Private Wealth
Hub Retirement and Private Wealth ("RPW") offers institutional and retirement services to for-profit and not-for-profit organizations and customized private wealth management services to individuals and families. Employees of Hub offer securities through partner Broker Dealers not affiliated with Hub. Employees of Hub provide advisory services through both affiliated and unaffiliated Registered Investment Advisors (RIA). Global Retirement Partners, LLC, Millennium Advisory Services, Inc, TCG Advisory Services, LLC, Hub Investment Advisors, LLC, Hub International Investment Advisory Services, Inc., and Sheridan Road Advisors, LLC are wholly owned subsidiaries of Hub. Learn more about Hub Retirement and Private Wealth.
About Hub's M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 14,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, please visit www.hubinternational.com.
CONTACT:
Media: Jessica Wiltse
Phone: 312-596-7573
jessica.wiltse@hubinternational.com
M&A: Clark Wormer
Phone: 312-279-4848
Clark.wormer@hubinternational.com
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SOURCE Hub International Limited | https://www.wibw.com/prnewswire/2022/08/09/hub-international-bolsters-retirement-plan-consulting-services-with-addition-bill-mcclain-illinois/ | 2022-08-09T12:51:49Z |
Westview hires Willie Trevathan as new boys basketball coach
Westview has hired Willie Trevathan as its next boys basketball coach, replacing Ed Baker.
Westview's booster club posted a picture with Trevathan and his family at his introductory press conference on Sunday.
Trevathan spent 19 seasons as the girls basketball coach at Greenfield before taking an assistant coaching job with UT Martin men's basketball prior to the 2020-21 season.
NIL IN TENNESSEE HIGH SCHOOL? Tennessee high school football coaches on NIL at TSSAA level: 'It will kill inner city teams'
STEPHON SHIVERS GETTING SEC INTEREST:Meet the Humboldt football player that has an Arkansas offer at age 14, other SEC interest
During his tenure with Greenfield, Trevathan went 383-160 with a state title in 2018 and state tournament appearances in 2006, 2019 and 2020. In 2019, the team was 34-0 and advanced to the semifinals of the Class 1A tournament when COVID-19 ended the season prematurely.
The Chargers went 13-12 last season and were the District 12-2A runners-up. They went 68-67 in five seasons under Baker. | https://www.jacksonsun.com/story/sports/high-school/2022/05/15/tssaa-basketball-willie-trevathan-hired-new-boys-basketball-coach/9788251002/ | 2022-05-16T19:26:16Z |
New Partnership brings Voice and Internet Services to Year-Round Destination in Virginia
EDINBURG, Va., July 7, 2022 /PRNewswire/ -- Glo Fiber Enterprise, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), recently completed installation of a new multi-site enterprise network for Massanutten Resort, a popular travel destination located in Massanutten, VA. "Now, more than ever, we need a communications infrastructure across multiple sites that gives us a fast, reliable network with the capacity to accommodate our technology needs", said Phillip Langeberg, Corporate CTO for Massanutten Resort. "The Glo Fiber Enterprise team was able to customize the network solution specifically for us, rather than selling us an off-the-shelf product." The advanced internet network connects six geographic locations to optimize operations for the resort. Glo Fiber Enterprise also created a comprehensive voice solution for the resort including guest rooms, call center, and the administrative offices.
"This is one of the most comprehensive partnerships for commercial communications services," said Craig Venable, Vice President of Commercial Sales at Glo Fiber Enterprise. "Our Contact Center solution is a sophisticated and state-of-the-art offering that can provide more advanced customer service, both throughout the resort and to outside customers. The technology is ideal for hospitals and business centers, and we look at Massanutten as a showcase for this part of our business."
Shentel's Glo Fiber services have been flourishing as they continue to expand their reliable and affordable services throughout Virginia, Pennsylvania, Maryland, West Virginia, and Delaware.
"We are very excited about this project and our collaboration with Glo Fiber Enterprise," says Langeberg. "This has been one of our most physically demanding projects for both the maintenance and IT departments, but the Glo team has been able to seamlessly incorporate this package with minimal disruption to our day-to-day operations. We're looking forward to a long partnership working together with Glo Fiber Enterprise."
For more information about Glo Fiber Enterprise, please visit www.GloFiberEnterprise.com or call 1-866-858-2GLO (1-866-858-2456).
About Glo Fiber Enterprise
Glo Fiber Enterprise provides data networking and advanced voice services for businesses, municipalities and educational institutions. Glo Fiber Enterprise solutions include fiber-optic connectivity, dedicated internet access, VoIP, managed services and network security options prepared via customized quotes based on businesses' needs. As part of Shenandoah Telecommunications (Shentel) (Nasdaq: SHEN), Glo Fiber Enterprise delivers cost-effective and quality internet solutions via their 7,600 fiber route miles, MEF-certified fiber network to commercial customers of all sizes in VA, PA, MD and WV.
About Shenandoah Telecommunications
Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art cable, fiber optic and fixed wireless networks to customers in the Mid-Atlantic United States. The Company's services include: broadband internet, video, and voice; fiber optic Ethernet, wavelength and leasing; and tower colocation leasing. The Company owns an extensive regional network with over 7,600 route miles of fiber and over 220 macro cellular towers. For more information, please visit www.shentel.com.
About Massanutten Resort
Set on 6,000 acres of sprawling land in the heart of Virginia's Shenandoah Valley, Massanutten Resort is a premier all-season Resort destination that offers every type of traveler an unforgettable experience. Outdoor enthusiasts and adventure buffs will enjoy Massanutten's Mountain Bike Park, offering exciting jump trails for beginners and veteran riders alike, and hiking Massanutten's Western Slope. For those seeking a relaxing escape, the Resort Spa delivers a wide menu of services including manicures, pedicures, detoxifying massages, and more. The Resort is a paradise for adventurous families, featuring an indoor/outdoor waterpark complete with a triple-jet FlowRider® Endless Wave, three escape rooms, the Family Adventure Park, and a petting zoo. Seasonal sports activities include two challenging 18-hole golf courses, skiing, ice skating, and snow tubing. Nothing works up an appetite like an active vacation and with 12 on-site dining options, showcasing variety from mouthwatering barbecue to campfire treats, Massanutten offers something for every taste, season, and occasion. At Massanutten Resort, there is something for everyone, all within reach – located just two hours from Washington, D.C. and 50 minutes from the Charlottesville Albemarle Airport.
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SOURCE Shenandoah Telecommunications Company | https://www.wibw.com/prnewswire/2022/07/07/glo-fiber-enterprise-offer-comprehensive-telecommunications-services-massanutten-resort/ | 2022-07-07T20:14:10Z |
CHICAGO (AP) — On a perfect day to play home run derby at Wrigley Field, the big winner was Josh Rojas.
Rojas launched his first three longballs of the season and the Arizona Diamondbacks powered past the Chicago Cubs 10-6 Friday.
With a strong wind blowing out on a warm afternoon, the teams combined to clear the brick walls 11 times — the Diamondbacks connected for seven homers.
“I’ve had multi-homer games in the minor leagues and multi-hit games in the the minor leagues, but I’ve never done anything like this,” Rojas said. “This is a pretty good feeling, especially coming into the game with zero and leaving with three.”
David Peralta went deep twice and Alek Thomas and Christian Walker added solo shots as the Diamondbacks won their second straight after a six-game slide.
“These days have been happening here in this stadium for long, long time,” Arizona manager Torey Lovullo said. “Whether they’re wind-aided or not they’re HRs and I was proud of the way we fought against a very tough pitcher.”
Rojas posted his first three-homer game and third career multi-homer effort. After a flyout in the first inning, he hit a solo homer in the third, a two-run drive in the fifth and another solo home run in the seventh.
Rojas led off the ninth with a chance to tie the big league record of four home runs in a game, but struck out looking. There have been 18 four-homer games performances in the majors, the last by J.D. Martinez for the Diamondbacks in 2017.
“I was definitely trying to hit a fourth homer in the fifth at-bat, especially with a four-run lead,” Rojas admitted.
Rojas said he was trying to get the ball into the air in his first at-bat, but lofted only a lazy fly to left.
“That’s when I talked to the hitting coach and I’ve got to think low line drives,” he said. “And hopefully if I get it high enough, the wind will take care of it.”
The approach worked and Rojas connected in his next three at-bats. He might have strayed in his final plate appearance in the ninth and was called out.
The versatile Rojas, who started at third base, entered batting .250 with three RBIs in 13 games after being reinstated from the injured list on May 6. The 27-year-old had been out with a strained right oblique.
“He’s a good hitter,” Lovullo said. “He’s got a nose for the baseball. It’s not necessarily true power, but I think the power is in there.”
On a day when the Cubs honored Hall of Fame pitcher Ferguson Jenkins, they lost their third in a row. Jenkins, in fact, led the National League in home runs allowed during five of his 10 seasons with Chicago.
Jonathan Villar homered and doubled for the Cubs in his 1,000th big league game. Patrick Wisdom hit his seventh homer to end an 0-for-10 slump
Cubs rookie Christopher Morel and Ildemaro Vargas also homered.
Humberto Castellanos (3-1) allowed three runs on five hits in 5 1/3 innings for the win. He was pulled after reaching for his right hamstring, but Lovullo said the right-hander doesn’t have a serious injury.
Rojas and Peralta tagged Kyle Hendricks (2-4) with Arizona’s first four homers as the Cubs ace righty yielded a season-high seven runs and eight hits in five innings. Hendricks entered having allowed just one run in his previous 14 1/3 innings.
Hendricks said the wind didn’t affect his effort.
“You approach it just the same,” he said. “Today I felt pretty good, to be honest. Made a lot of good pitches. They put some good swings on a couple of pitches I missed there and that was really it.”
Rojas and Peralta hit solo drives off Hendricks in the third to put Arizona ahead 4-2. The pair went deep again, one out apart in the fifth, to make it 7-3. Peralta recorded his fourth multi-homer game.
Morel and Vargas hit back-to-back homers in the seventh off Caleb Smith to pull Chicago within 9-5.
After Rojas struck out in the ninth, Walker followed with his team-leading 10th homer.
HR DERBY
Rojas became the 11th Diamondbacks hitter to hit three homers in a game. It was the 13th time an Arizona batter hit three homers in a game.
“FERGIE” STATUE UNVEILED
The Cubs unveiled a statue of right-hander “Fergie” Jenkins outside Wrigley Field before the game. The metal sculpture of Jenkins delivering a pitch joins a row that includes ones of Ernie Banks, Billy Williams and Ron Santo.
Jenkins, who spent 10 of 19 seasons with the Cubs, spoke from the dais in a plaza on the west side of the ballpark. The native of Chatham, Ontario, was 167-132 with a 3.20 ERA for Chicago in 401 games — completing 154 of them — and was a three-time All-Star and the 1971 NL Cy Young Award winner while with the Cubs.
The 79-year-old Jenkins took note of the gusty wind during the ceremony. “I pitched many days, turning on to Addison (Street) and said, ‘Oh, the wind is blowing out.'”
DBACKS ROSTER MOVE
Arizona recalled OF Jake McCarthy from its taxi squad and optioned RHP Jacob Webb to Triple-A Reno, but he remained on the taxi squad. McCarthy had two hits and two RBIs.
UP NEXT
Arizona LHP Madison Bumgarner (2-2, 2.29) faces Chicago LHP Justin Steele (1-4, 4.50) on Saturday afternoon.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/rojas-hits-3-home-runs-dbacks-outslug-cubs-in-hr-derby-10-6/ | 2022-05-21T17:09:48Z |
The James Webb Space Telescope is ready to observe the universe.
The space observatory's massive mirror, capable of peering into the most distant reaches of space, is now completely aligned, according to the NASA's Webb team.
Hailed as the world's premier space observatory, Webb has successfully completed a number of steps within the past few months that were crucial for aligning its 18 gold mirror segments.
The mirror is so large that it had to be folded to fit inside the rocket for its December 25 launch. After reaching an orbit a million miles from Earth in January, Webb began the careful process of unfolding and aligning its mirror.
Webb will be able to peer inside the atmospheres of exoplanets and observe some of the first galaxies created after the universe began by observing them through infrared light, which is invisible to the human eye.
The first high-resolution images Webb collects of the cosmos aren't expected until the end of June since the observatory's instruments still need to be calibrated. But test results released by NASA on Thursday show the clear, well-focused images that the observatory's four instruments are capable of capturing. Together, these images share the telescope's full field of view. Webb's mirrors are directing focused light from space into each instrument and those instruments are capturing images.
For the test, Webb observed a small neighboring satellite galaxy called the Large Magellanic Cloud. The galaxy's dense field of hundreds of thousands of stars can be seen in the test images.
"These remarkable test images from a successfully aligned telescope demonstrate what people across countries and continents can achieve when there is a bold scientific vision to explore the universe," said Lee Feinberg, Webb optical telescope element manager at NASA's Goddard Space Flight Center.
The telescope team expects that the observatory may even exceed the goals it was meant to achieve because it's already performing better than expected.
"These images have profoundly changed the way I see the universe," said Scott Acton, Webb wavefront sensing and controls scientist at Ball Aerospace, in a statement. "We are surrounded by a symphony of creation; there are galaxies everywhere! It is my hope that everyone in the world can see them."
A previous image shared in March also showed that Webb can use the individual segments of its mirror as one giant 21-foot, 4-inch (6.5-meter) mirror and capture the light from a single star.
For the next couple months, the team will ensure all of the science instruments are calibrated.
Each instrument has a number of specialized detectors with custom equipment to help achieve Webb's science objectives, and all of the instruments have to be configured before they can be declared ready.
And this summer, we'll see Webb's first glimpses that could unlock the mysteries of the universe.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/the-james-webb-space-telescope-is-fully-aligned-and-ready-to-observe-the-universe/article_1ab3d8a8-1f3c-59e4-8af8-89e2406d6ee4.html | 2022-04-28T22:34:34Z |
Swastika Mountain in Oregon to get new name
PORTLAND, Ore. (Gray News) – The Oregon Geographic Names Board met last week to consider proposals to re-name several geographic features in several Oregon counties.
The board agreed that Swastika Mountain, which refers to a symbol of the German Nazi Party, will be changed.
Mount Halo and Umpqua Mountain are two names that have been submitted for consideration so far, but Mount Halo will likely be the new name.
Halo refers to Chief Halotish, a 19th century leader of the Yoncalla-Kalapuya tribe.
The board is expected to make a final decision on the new name for the mountain in December.
The mountain is located within the Umpqua National Forest and is more than 4,000 feet tall.
According to a name change proposal form on the board’s website, the mountain was originally named for a nearby town called Swastika, which took its name from a cattle ranch where the owner branded his cattle with the symbol before it was used by the Nazis.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/26/swastika-mountain-oregon-get-new-name/ | 2022-08-26T12:46:01Z |
FMC previously won the award in 2017, 2019 and 2020.
PHILADELPHIA, June 7, 2022 /PRNewswire/ --
FMC Corporation (NYSE: FMC) was honored today by the American Chemistry Council (ACC) as the Responsible Care Company of the Year, an award recognizing FMC for its excellence and leadership in environmental, health, safety and security (EHS&S) performance. It is the fourth time since 2017 that FMC has been named ACC Responsible Care Company of the Year.
"I am very proud of our company and pleased to accept the Responsible Care® Company of the Year Award on behalf of our more than 6,000 employees who work every day to ensure we deliver products safely and sustainably," said FMC president and CEO Mark Douglas. "This award is an acknowledgement and validation for every FMC employee who invests their time, attention and extra effort into their work. It is theirs to celebrate."
FMC is among the safest companies in the chemical industry. In 2021, the company achieved a record-low recordable injury rate of 0.066, which can be attributed to a culture of safety that extends to non-manufacturing employees through a global program called TH!NK SAFE. The program helps all employees, whether they work in an office, lab, field or production facility, to understand and apply the fundamentals of safety.
"The Responsible Care program helps the chemical industry operate with safety as a top priority. It is the mainstay of our industry's commitment to health, safety, security and environmental protection," said ACC President and CEO Chris Jahn.
"For FMC, there is nothing more important than safety," said Douglas. "We believe the key to creating a safety culture at work is to apply the same focus, intention and dedication to safety in every aspect of our lives."
FMC has also made significant progress on its sustainability objectives. In 2021, the company committed to net-zero greenhouse gas emissions by 2035, an ambitious goal that will set aggressive reduction standards not only for FMC, but suppliers and vendors as well.
"Our sense of responsibility to people and the planet extends beyond our company walls to the communities where we operate and the farms we serve," Douglas said. "We have an opportunity to leave this world a better place for the next generation. For that to happen, we must act now and we must act boldly."
Net-zero is just one part of FMC's broader sustainability platform which, in addition to climate change, drives progress on food security, conservation and social justice. To read FMC's recently published 2021 sustainability report, please visit fmc.com/sustainability.
About FMC
FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers, crop advisers and turf and pest management professionals to address their toughest challenges economically while protecting the environment. With approximately 6,400 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn® and Twitter®.
Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within FMC's 2021 Form 10-K filed with the SEC as well as other SEC filings and public communications. FMC cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. FMC undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.
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SOURCE FMC Corporation | https://www.mysuncoast.com/prnewswire/2022/06/07/fmc-corporation-named-acc-responsible-care-company-year/ | 2022-06-07T22:20:55Z |
Which baby bath products do I need?
Bathing your newborn is one of the things that makes new parents the most nervous. Once you have all the essentials and a little experience though, bath time can become a rewarding bonding moment with your new baby.
What to know before you buy baby bath products
By this point, you are probably stocked up on baby wipes and diapers. You might even have your favorite baby blanket and pair of pajamas, but without experience bathing your newborn, you might feel like you’re in over your head. The first step? Don’t overthink it. Keep it simple.
Baby bathtub
Your baby will need their own bathtub and bath mat. If there is something most new parents forget to purchase, it’s a rinsing cup. Don’t forget this essential bathtime item. Having one will make your job a whole lot easier.
Baby soap
You’ll want to use soaps, shampoos and cleansers made specifically for a baby’s delicate skin. Harsh soaps and cleansers can be bad for anyone’s skin, but they can be especially harsh for an infant. If you want more information, take a look at the buying guide for baby shampoos on BestReviews.
Baby towels
Finally, you can turn your attention to what you’ll need after the bath. Make sure you have a soft towel to dry off the baby with. You may want to consider keeping plenty of washcloths on hand for any touch ups needed in between bath times as well.
Best baby bath tubs
Boon Soak 3-Stage Baby Bath Tub
This baby bathtub has a unique contoured shape for ultimate comfort and offers three different positions to use as your baby grows from a newborn to a toddler. Ensuring your baby’s water temperature is always perfect is a breeze with the color-changing plug that monitors the temperature at all times.
Where to buy: Amazon and Bed Bath & Beyond
Fisher-Price 4-in-1 Sling ’n Seat Bath Tub
This top-of-the-line bathtub adapts to your baby’s size. It begins by forming a supportive and womb-like mesh cradle and can morph into a toddler-sized tub that has room for bath playtime. This bath set includes a squeeze bottle and scoop, so you can safely and easily rinse your baby in a fun way.
Where to buy: Buy Buy Baby, Amazon and Bed Bath & Beyond
Once your little one has graduated from the baby bath at around five months, this bath seat with a high backrest and sturdy design is the next step. This will allow your little one to clean and play safely in a standard adult-sized bathtub.
Where to buy: Amazon
Best baby towel wraps
Elegant Baby Lambie Bath Wrap Towel
Keep your baby warm and cozy after their bath with an adorable and comfortable 100% terry velour lamb bath wrap. While the hood has an adorable lamb face and hanging tail to make for wildly adorable photos, the water absorbency and wicking ability makes this wrap great for keeping your baby warm and dry.
Where to buy: Buy Buy Baby, Amazon and Bed Bath & Beyond
Just Born Geometric Print Hooded Bath Towel
Wrapping your baby up in this hooded bath towel will leave your baby all smiles and can make for a great bonding moment after bath time. Made with 100% cotton, this is ideal for keeping your baby’s freshly cleaned skin incredibly soft.
Where to buy: Buy Buy Baby, Amazon and Bed Bath & Beyond
Best baby bath accessories
Frida Baby Control the Flow Bath Rinser
Make bath time just a little simpler and with a few less tears by using this bath pitcher with a 2-in-1 design for newborns to toddlers. This PVC handheld rinser offers a rain-like flow for newborns and a faster flow for toddlers. It has the ability to keep water off of their face and out of their eyes, no matter how fast the water flows.
Where to buy: Buy Buy Baby and Bed Bath & Beyond
Leachco Safer Bather Infant Bath Pad in Frog Pond
Designed to create a gentle and safe bathing experience, this bath pad is shaped to comfortably cradle your baby while in the bath and keep water and soap out of their little ears and eyes. This also doubles as a nursing pillow that supports nursing moms by taking pressure off of the arms, shoulders and back.
Where to buy: Buy Buy Baby and Bed Bath & Beyond
Best baby bath toys
Munchkin Arctic Floating Bath Game
Keep your baby entertained during bath time with a floating bath game that can be played as a stacking toy or ring toss. This toy includes a floating bear and four fish rings, which allows your child to build hand-eye coordination and fine-tune motor skills while splashing around getting clean each day.
Where to buy: Buy Buy Baby, Amazon and Bed Bath & Beyond
Sassy 3-Pack Squeezies Bath Toys
Distract your little one from hair washing with squeezie bath toys that allow them to get a feel for new textures while getting clean. The textural cups squirt water in different patterns when squeezed and can be mixed and matched with other pieces to create new color groups for visual stimulation.
Where to buy: Buy Buy Baby, Amazon and Bed Bath & Beyond
Best soothing baby bath products
Johnson’s 7-Piece Bath Discovery Baby Gift Set
This set is free of all dyes, parabens and sulfates. It includes everything one could need for bath time with seven hypoallergenic essentials, including body lotion for sensitive skin, baby lotion to nourish and moisturize skin for 24 hours, Head to Toe Wash to gently cleanse delicate skin and balance pH and tear-free baby shampoo.
Where to buy: Amazon and Bed Bath & Beyond
Aveeno Baby Eczema Therapy Soothing Bath Packs
This lotion has been created from a natural oat extract and is a pediatrician-recommended formula for babies with sensitive skin. The shampoo and wash cleanses without drying out the skin, and it’s allergy-tested and soap-free, while keeping your baby’s skin soft and healthy.
Where to buy: Buy Buy Baby, Amazon and Bed Bath & Beyond
dapple Calming Baby Bubble Bath in Lavender and Jasmine
Clean, relax and play with this calming bubble bath made from a non-toxic, hypoallergenic and tear-free solution that has been formulated without parabens, sulfates or mineral oil. The relaxing jasmine and lavender scent creates a tub full of bubbles to help make bath time up a notch.
Where to buy: Buy Buy Baby, Amazon and Bed Bath & Beyond
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Ryan Dempsey writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/baby-kids-br/bath-potty-br/best-baby-bath-products/ | 2022-07-29T17:47:47Z |
Gillibrand says abortion rights supporters are in the ‘biggest fight of a generation’
By Devan Cole and Daniella Diaz, CNN
Democratic Sen. Kirsten Gillibrand of New York said Sunday that supporters of abortion rights are in “the biggest fight of a generation” after the leak of a draft Supreme Court opinion that would overturn Roe v. Wade, the landmark decision legalizing abortion nationwide.
“Every one of us is standing up, speaking out, rallying, marching, talking to our constituents, lifting up their voices and their stories,” Gillibrand told CNN’s Jake Tapper on “State of the Union.” “This is the biggest fight of a generation, Jake.”
“This is a fundamental moment for advocacy and for not giving up. And so what I’m doing, and what many of my colleagues are doing, is pushing for a vote next week,” she added. “We are going to be aggressive with all our colleagues and with our Republican allies to vote for codifying Roe v Wade. We are not giving up, we will never give in and we will keep fighting and if the American people are paying attention, this issue will also be on the ballot in November.”
Last week, a leaked draft opinion authored by conservative Justice Samuel Alito showed the court was poised to overturn Roe v. Wade in a case concerning a Mississippi abortion law that bans abortion at 15 weeks of pregnancy.
Senate Democrats plan to bring to the Senate floor this week legislation to codify abortion rights. The bill, known as the Women’s Health Protection Act, would need at least 60 votes to overcome a GOP filibuster. In the evenly divided Senate, it would require 10 Republican senators to vote for the measure if all Democrats voted in favor. That is not expected to happen.
Gillibrand on Sunday pushed for a change to Senate rules to get rid of the filibuster, telling Tapper: “The argument that, if we take away the filibuster, (Senate Minority Leader) Mitch McConnell and Republicans across the country are going to do bad things, those bad things are literally already happening.”
Democratic Sen. Chris Murphy of Connecticut predicted on Sunday that if Republicans win the Senate in November, “they are absolutely going to pass a national ban on abortion.”
“They got rid of the filibuster for Supreme Court justices for the explicit purpose of putting on the court judges that would strike down Roe v. Wade,” he said in an interview on Fox. “So I think you could naturally assume that they would also change the rules to pass that national abortion ban if they win control of the Senate in this next election.”
According to Alito’s draft, the court would overturn Roe v. Wade’s holding of a federal constitutional right to an abortion. Under current law, the government cannot interfere with a woman’s choice to terminate a pregnancy before about 23 weeks, when a fetus could live outside the womb.
The release of a final opinion in the case is expected later this spring or early summer.
This story has been updated with additional details Sunday.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/05/08/gillibrand-says-abortion-rights-supporters-are-in-the-biggest-fight-of-a-generation/ | 2022-05-08T17:48:01Z |
LMH Health, OrthoKansas named official health providers for Baker University
LAWRENCE, Kan. (WIBW) - LMH Health and OrthoKansas are now the official healthcare providers for student-athletes at Baker University.
LMH Health and Baker University say they are proud to announce that the health network and OrthoKansas have been named as the official healthcare providers for student-athletes at the university.
LMH said it and OrthoKansas have partnered on the field with NCAA Division I, NAIA, and semi-professional and high school athletes for more than 45 years.
OrthoKansas - which employs experts in sports medicine and orthopedic care - said it provides innovative treatments and therapy for athletes of all ages and abilities which allows student-athletes to maximize their lifelong health and safely return to preinjury performance.
“LMH Health and OrthoKansas are excited to expand orthopedic care services to student-athletes at Baker University,” said Jared Abel, associate vice president of strategy and service lines for LMH Health. “Members of the OrthoKansas team of fellowship-trained sports medicine physicians and orthopedic surgeons will provide highly specialized, comprehensive orthopedic care to help student-athletes stay active and healthy—close to home.”
OrthoKansas said it is also a regional destination for progressive, multidisciplinary orthopedic and sports medicine care. It said two providers will serve Baker - Emily Heronemus, DO, and Stephan Prô, MD.
LMH said Heronemus is a primary care sports physician who performs procedures like injections and other minimally invasive and noninvasive procedures.
“I have been caring for athletes in the training room at Baker and in the clinic since I began at OrthoKansas,” Dr. Heronemus shared. “This solidifies the partnership and ensures healthcare coverage and support for student-athletes. I’m thrilled to see it continue to grow and strengthen.”
Meanwhile, LMH said Prô practices orthopedic sports medicine and performs surgery when appropriate.
“OrthoKansas has been providing care for the Baker student body and athletes for many years. The opportunity to demonstrate that ongoing commitment through this partnership helps us ensure that we are able to commit the necessary resources to provide the highest level of care for Baker student-athletes close to the community where they live and play,” said Dr. Prô.
LMH noted that student-athletes who need imaging can turn to its advanced imaging center, which includes a team of two musculoskeletal, fellowship-trained diagnostic radiologists who specialize in sports medicine. It said specialized orthopedic imaging units with advanced 3D viewing capabilities allow for same-day results and more precise treatment plans.
“Baker Athletics has worked closely with LMH and OrthoKansas for many years, and the care our student-athletes receive has been top notch and extremely helpful in keeping them on the field of play,” said Baker University Director of Athletics Susan Decker. “We look forward to continuing to grow that relationship.”
For more information about LMH Health, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/18/lmh-health-orthokansas-named-official-health-providers-baker-university/ | 2022-08-18T13:59:39Z |
STOCKHOLM, Aug. 29, 2022 /PRNewswire/ --
- As previously announced Ericsson is as of Q3 2022 changing its reporting structure to reflect its new organization
- Restated segment financials for 2022 first and second quarter, 2021 by quarter and 2020 full year will be published September 20, at 8:00 AM CEST
- Ericsson's CFO will present the restated segment financials on a conference call scheduled at 3:00 PM CEST, September 20
Ericsson (NASDAQ: ERIC) implemented a new company structure as of June 1, 2022. As previously announced, the company will start to report financials according to new segments that corresponds to the new company structure starting from the third quarter 2022. The earnings report for the third quarter will be published October 20, 2022.
To facilitate year-on-year comparisons the restated segment financials for 2022 first and second quarter, 2021 by quarter, and 2020 full year, will be published on September 20, 2022, ahead of the third quarter report in October.
The company will issue a press release with the restated segment financials attached, including tables, in pdf-format. Following publication of the press release, the restated financials document will be available on Ericsson's website at: www.ericsson.com/investors
CONFERENCE CALL FOR ANALYSTS, INVESTORS AND JOURNALISTS
A conference call for financial analysts, investors and journalists will begin at 3:00 PM CEST Stockholm (2:00 PM BST London, 9:00 AM EDT New York).
CFO Carl Mellander will comment on the restated financials and take questions.
Conference call: Join here
To ask a question: Access dial-in information here
The conference call will be available on-demand on our website after the event.
NOTES TO EDITORS:
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ABOUT ERICSSON:
Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
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SOURCE Ericsson | https://www.wibw.com/prnewswire/2022/08/29/invitation-conference-call-restated-segment-financials/ | 2022-08-29T13:51:54Z |
HONOLULU (AP) — Towering waves on Hawaii’s south shores crashed into homes and businesses, spilled across highways and upended weddings over the weekend.
The large waves — some more than 20 feet (6 meters) high — came from a combination of a strong south swell that peaked Saturday evening, particularly high tides and rising sea levels associated with climate change, the National Weather Service said Monday.
A wedding Saturday evening in Kailua-Kona was interrupted when a set of large waves swamped the event, sending tables and chairs crashing toward guests.
Sara Ackerman, an author who grew up in Hawaii and attended the wedding, filmed the waves as they barreled ashore.
“It just was huge,” she said. ”I was filming it and then it just came over the wall and just completely annihilated all the tables and chairs.”
She said it happened about five minutes before the ceremony was scheduled to begin.
“It wasn’t like a life-threatening situation by any means whatsoever,” she said. “It was just like, ‘Oh my gosh … what are we going to do? Where are we going to put the tables?’”
She said they went ahead with the ceremony and cleaned up the mess after the newlyweds exchanged vows.
“We had the ceremony and it was beautiful, having all the (sea) spray,” she said. “The ocean was really wild. So it was great for the photos.”
Chris Brenchley, the meteorologist in charge at the National Weather Service office in Honolulu, said several factors came together to create such huge waves.
“Waves over 12 or 15 feet (3.66 or 4.57 meters), those become extremely big and really rare to have,” he said. “It’s the largest it’s been in several decades.”
Brenchley said the swell was produced in the South Pacific, where it’s currently the winter season.
“They had a particularly strong winter storm where the winds were focused directly towards places like Samoa and then further on to the north into Hawaii,” he said.
Remnants of Hurricane Darby passed south of Hawaii but had no major impact on the surf, he said.
While singular events like this hard to pin directly to climate change, Brenchley said the warming planet is playing a role.
“The most direct type of impact that we can use with climate change is the sea level rise. Any time you add just even small amounts of water, you raise that sea level just a little bit,” he said. “And now those impacts will be exacerbated whenever we have a large storm event or a … high, high tide.”
Most large summer swells that come from the south are no bigger than about 10 feet (3 meters), which would trigger a high surf advisory.
“We had some waves that were reaching 20 feet (6 meters), 20 feet-plus even,” Brenchley said. “That’s getting on the level of historic.”
Hawaii’s north shores, where professional surfers often compete, usually get much larger waves than other parts of the islands. The predominant swell hits the north shores in the winter and the south shores in the summer.
Lifeguards and rescue crews across the state had a busy weekend.
They conducted at least 1,960 rescues on the island of Oahu alone on Saturday and Sunday.
Honolulu officials reported one serious injury when a surfer suffered a laceration to the back of his head. | https://cw33.com/news/u-s-news/ap-us-headlines/hawaii-waves-crash-into-homes-weddings-during-south-swell/ | 2022-07-19T01:24:45Z |
BALTIMORE, May 31, 2022 /PRNewswire/ -- Schochor & Staton, P.A., formerly known as Schochor, Federico and Staton, P.A., is proud to announce its new name.
"We are delighted with this change and committed to delivering the same level of unparalleled legal representation and exceptional degree of personal attention our clients have come to trust for more than 38 years," said Jonathan Schochor, founding partner and chairman of Schochor & Staton, P.A. "This transformation represents the next-level version of our renowned firm. The Firm stands willing and able to deliver the extraordinary service we have always provided to our clients and we will continue to do so."
Since 1984, the Firm has built one of the largest Plaintiffs' medical malpractice firms in the area. It has been recognized nationally and regionally, with more than 80 awards and honors for the firm and its lawyers. Its solid foundation includes Founding Partner and Chairman, Jonathan Schochor, Managing Partner Kerry Staton and longtime Partners Scott P. Kurlander and Jonathan Goldberg, who will continue the time-honored tradition of exemplary legal representation and service to the community. With offices in Maryland and Washington D.C., the Firm's resources include a team of full-time medical investigators and professional relationships with hundreds of Board-Certified medical experts throughout the United States.
Since its inception, the Firm has filed more medical negligence cases than any other lawyer or law firm in Maryland, and led the largest Class-Action settlement in Maryland State history regarding a single perpetrator sexual abuse case. In the process, the Firm has recovered well over a billion dollars on behalf of its clients with an extraordinary success rate.
Schochor continues, "Passionate advocacy, superior technical skill, devotion to our clients' interests, unique strategic relationships and creative problem solving have earned us a reputation for both outstanding results and client satisfaction. The Firm is proud to have gained our clients' confidence for nearly four decades. Schochor & Staton, P.A will continue our time-honored tradition of serving our clients and community."
Schochor has focused the practice on the preparation and trial of medical negligence cases for 47 years. During that time, he and the Firm have been involved in the investigation of claims and/or representation of plaintiffs in thousands of medical malpractice cases. Schochor was honored with Trial Lawyer of the Year award three times and has earned The Daily Record's Leaders in Law Lifetime Achievement Award. In addition to numerous other awards and honors, Schochor received the Icon Honors Award and Influential Marylanders Honor, in addition to being named to the Power 30 Law List.
Founding and Managing Partner, Kerry Staton, was elected as a Fellow of the American College of Trial Lawyers. Membership in the College is restricted to the top 1% of lawyers in each state. He also is a fellow of the prestigious International Society of Barristers. Staton was appointed as a Commissioner to the Attorney Grievance Commission, by the Chief Judge of the Court of Appeals of Maryland. Staton was named Baltimore Medical Malpractice Law – Plaintiffs "Lawyer of the Year" by Best Lawyers® on multiple occasions. On top of many other awards and accolades, Staton was the recipient of America's Top 100 Attorney's Lifetime Achievement Award and was named the Attorney of the Year by the Top 100 Lawyers Registry.
If you would like to speak with an attorney, please contact Aimee Duffy at aimee@aquariusdesignsinc.com. For more information, visit www.sfspa.com.
Since 1984, the Firm has been committed to the preservation and pursuit of the rights of individuals and groups (class action litigation) who are victimized by the wrongful acts of others, through medical malpractice and negligence. Among other honors, the firm, with offices in Baltimore and Washington, DC, carries an AV rating from Martindale-Hubbell, and is listed in the Bar Register for Preeminent Lawyers. Recovering well over a billion dollars on behalf of its clients, attorneys at Schochor & Staton, P.A. are consistently recognized for excellent representation of their clients, superior results and unwavering involvement in the community. Schochor & Staton, P.A. has donated hundreds of thousands of dollars to individuals and organizations that make a difference. Some of those local and national non-profits include MADD, the American Cancer Society, The Kristin Rita Strouse Foundation, March of Dimes, and many others.
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SOURCE Schochor and Staton, P.A. | https://www.mysuncoast.com/prnewswire/2022/05/31/leading-medical-malpractice-law-firm-announces-new-name/ | 2022-05-31T18:15:14Z |
MINNEAPOLIS, June 29, 2022 /PRNewswire/ -- Everyone is looking forward to festivities of the upcoming Fourth of July holiday, but for our furry friends the accompanying loud noises and crowds can be terrifying. When a pet isn't accustomed to disruptions in their environment, fireworks, pool parties and BBQs can cause nervous behavior and even backyard escapes. To ensure pet wellness this holiday, pet parents can turn to comprehensive online resource, Happy Pet CBD to plan for easing anxiety through their highly curated, premium CBD products from trusted brands like Pet Releaf and Super Snouts. The website is an education-forward, one-stop shop to help pet parents understand the benefits of CBD.
A naturally occurring substance and hemp's largest component, CBD is widely considered safe for pets. It's not psychoactive and has been proven effective in aiding various issues, including anxiety, over-excitement, and emotional imbalance. For ease of administering, the site offers products in many forms, such as chews, oils, capsules, and peanut butter. For pets with acute anxiety, CBD can be taken as needed, and if a pet has chronic anxiety, CBD is safe to be given daily.
"While in many cases the effects of CBD can be noticeable within 30 minutes of administering, we recommend pet parents test the product prior to the Fourth of July weekend. This will ensure the proper dosage and efficacy," states Brad Kriser, Chief Education Officer for IPP, founders of Happy Pet CBD.
Independent Pet Partners (IPP) operates a nationwide network of independent retail banners. Either online or at the retailers, Happy Pet CBD offers an assortment of dog and cat CBD products with various benefits, including calming, hip and joint, immunity, digestion, supplements and skincare. The site also offers a wellness blog for CBD education. Each product featured goes through rigorous quality-control, and all are members of the National Animal Supplement Council (NASC), which monitors the health supplement industry to create a safe, fair and responsible ecosystem.
Prior to use, pet parents are encouraged to consult their veterinarian for possible prescription interactions or treatment complications.
For more information: www.happypetcbd.com.
About Independent Pet Partners
IPP is comprised of four brands of independent pet retailers: Chuck & Don's, Kriser's, Loyal Companion and Natural Pawz. IPP was founded to bring together a community of experts from nutritionists to groomers to behaviorists dedicated to holistic pet wellness, with everything needed under one virtual and physical roof, including food, supplies and services. In 2019, IPP founded an industry-first registered trademark definition of "pet wellness" to make pet parenting easier to understand and simpler to implement. The Five Pillars of Pet Wellness® establishes a practical guide for pet families in the care and wellbeing of their pets, which is focused on a model of prevention science, wellness needs and overall happiness, helping pets to thrive and live longer: Nourishment, Play, Comfort, Companionship & Purpose. For more information, visit ippwellness.com.
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SOURCE Independent Pet Partners | https://www.wibw.com/prnewswire/2022/06/29/happy-pet-cbd-provides-online-access-pet-owners-reducing-animal-anxiety-advance-fourth-july-fireworks/ | 2022-06-29T18:10:22Z |
New Detection Capabilities Focus on Cloud Exploitation Tactics, Automatically Correlating Events to Reduce Alert Noise and Give Analysts Greater Context
WALTHAM, Mass., July 26, 2022 /PRNewswire/ -- Uptycs, provider of the first cloud-native security analytics platform enabling cloud and endpoint security from a common solution, today announced new cloud detection and response (CDR) capabilities for detecting and remediating sophisticated attacks against cloud infrastructure. The new CDR feature will help organizations quickly detect malicious behaviors such as discovery, privilege escalation, remote code execution, and data exfiltration in their AWS cloud environment.
Attackers that have cloud credentials typically need to discover what is in the environment and escalate their privileges before they can achieve their goal, whether stealing data, installing coin mining software, or deploying ransomware. As they go about reconnoitering the environment and move laterally their activity is frequently logged, but someone with cloud security expertise needs to examine the sequence of events to discern malicious behavior. The new Uptycs CDR capabilities automate this analysis, alerting cloud security teams to attacks in progress.
"Threat actors today have become cloud experts. Their tactics and techniques are evolving quicker than most want to believe. When (not if) a threat actor steals credentials to your cloud environment, time is of the essence to detect their activity before they achieve their goal," says Andre Rall, Director of Cloud Security at Uptycs. "The new CDR function in Uptycs evens the playing field for defenders, giving them automated expertise so they can detect and respond to these sophisticated threats."
"Detection and response capabilities are essential to reducing risk and securing cloud infrastructure," says Ganesh Pai, Co-Founder and CEO at Uptycs. "Our vision is to enable companies to innovate with cloud-native applications in a secure manner. That means securing the entire cloud-native application lifecycle, from the point where the code is written on developers' laptops to the application workload run in the cloud. CDR plays a critical role, providing security teams with the ability to quickly detect stealthy attacks against cloud infrastructure as they unfold."
Unlike other products announced to the market, Uptycs CDR detections correlate discrete events so that alerts are only fired when there is a high-confidence of malicious behavior. For example, Uptycs correlates together the following sequence of events into a single privilege escalation detection:
- Using stolen credentials, the attacker uses the CLI and retrieves details about the user whose credentials they've stolen
- The attacker lists the policies attached to that user, along with the number of versions of those policies
- The attacker gets details about previous policy versions to find one that has elevated privileges
- The attacker elevates their privileges by reverting to the previous policy version with elevated privileges
Read the Uptycs blog to learn more about how Uptycs automates the analysis of malicious cloud behavior.
The new CDR functionality is included in the Uptycs cloud security offering and is currently available for AWS. Visit the Uptycs booth at AWS re:Inforce (#317) to view a demo of its cloud security offering including CDR.
About Uptycs
Uptycs provides the first cloud-native security analytics platform that enables cloud and endpoint security from a single platform. The solution provides a unique telemetry-powered approach to address multiple use cases—including Cloud Workload Protection (CWPP), Cloud Security Posture Management (CSPM), and Extended Detection & Response (XDR). Uptycs enables security professionals to quickly prioritize, investigate, and respond to potential threats across a company's entire attack surface. A free trial of Uptycs can be requested at www.uptycs.com/free-trial.
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SOURCE Uptycs | https://www.kxii.com/prnewswire/2022/07/26/uptycs-strengthens-cloud-security-offering-with-cloud-detection-response/ | 2022-07-26T15:17:30Z |
ATHENS — In a world filled with screens and devices, the world is virtually at our fingertips each second of every day. It is easy to look at pictures and videos of places you would like to visit, watch live streaming of events happening around the globe, connect with other cultures or perspectives in a chat box, or even learn a new skill by simply donning a pair of virtual reality goggles.
Even with as many opportunities as these technologies afford, one method of learning remains unmatched in educational quality — hands-on, experiential learning.
Experiential learning is a hallmark of student education at the University of Georgia’s College of Agricultural and Environmental Sciences and has been since the college’s inception. Studying abroad, undergraduate research, service-learning projects and entrepreneurial opportunities enrich students’ understanding far beyond the pages of a textbook or the walls of a classroom. These immersive experiences connect dots, create a lasting imprint of knowledge and inspire curiosity, leading to further idea development and innovation.
The Ratcliffe Scholars Program at CAES is dedicated to further supporting the college’s experiential learning initiative. Established by an endowment by the David and Tom Ratcliffe families in honor of Thomas Jackson Ratcliffe Jr., the Ratcliffe Scholars Program provides funding for forward-thinking students to engage in formative, out-of-classroom opportunities to enrich their college education. Four CAES students — Therese “Tess” Thompson, Lydia Griffin, Kirsten Flinn and James “Thomas” Maddox — were selected as Ratcliffe Scholars in 2021-22, and each has participated in life-changing immersive learning experiences.
Thompson, a third-year water and soil resources and environmental resource science double major, participated in a semester-long exchange program in Switzerland at ETH Zürich. She took classes and worked with professors to learn more about her intended career helping farmers build and enrich soil composition.
“I have had the most intense period of growth in my life,” Thompson said. “My view on the world has completely changed, and this experience has completely changed my life. I have been able to see things unlike anything I have ever seen, such as the beautiful Swiss Alps, and experience a culture so different from my own.”
Griffin, a fourth-year agricultural communication major with an interest in sustainable agriculture and global food security, also chose to pursue a semester abroad, attending the University of Hohenheim in Stuttgart, Germany. There she conducted soil fertility research while studying landscapes in central Europe, as well as different cultures and languages.
“This scholarship program helped me make lifelong connections that I can continue to grow and collaborate with in the future,” Griffin said. “This kind of opportunity inspires me and others to give back to future students. I hope to one day do what the generous donors did for me, and aid students in pursuing their dreams and stepping out of their comfort zones.”
Third-year environmental economics and management major Flinn participated in the Washington Semester Program working in the U.S. Department of Justice with the Environmental and Natural Resource Division through support from the Ratcliffe Scholars Program.
“The experience working with the Department of Justice was formative to confirming my interest in environmental law, as well as cementing the fact that I want to work in some capacity within the government to protect and conserve our natural resources,” said Flinn. “I was able to work closely with attorneys within the department and within other agencies such as the (Environmental Protection Agency) and (the U.S. Department of the Interior) to enforce environmental laws and regulations throughout the nation.”
Maddox, a fourth-year agricultural education major on the UGA Tifton campus, chose an experience close to his heart and a bit closer to home on his path to becoming an agriculture teacher and FFA advisor. Through the program, Maddox was able to maximize his student teaching experience at Lanier County High School.
“The Ratcliffe Scholars Program has continued my growth so I can take my next leadership step toward becoming an agricultural educator,” he said. “My experiences have provided me with not only the knowledge I’ve obtained in the classroom, but micro-teaching, field experience, classroom observations and volunteer opportunities.”
Whether it is a chance to engage locally or halfway around the world, CAES and the Ratcliffe Scholars Program are committed to providing students with learning experiences that will leave a lasting impression. | https://www.albanyherald.com/news/uga-ratcliffe-scholars-experience-intense-growth-through-experiential-learning/article_7027a818-f55a-11ec-8eec-abb77b9077a5.html | 2022-06-28T16:07:59Z |
Warrants: 2 women arrested, charged in stabbing man accused of cheating
MYRTLE BEACH, S.C. (WMBF/Gray News) - South Carolina authorities say two women are facing assault charges after a man they both knew romantically was stabbed.
According to arrest warrants, 22-year-old Amber Mullins confronted her live-in boyfriend about cheating on her with 27-year-old Ashley Cline.
WMBF reports the two women found out that the boyfriend, who was not identified in the arrest warrants, was intimately involved with both of them.
On Sept. 8, Mullins and Cline reportedly then got into an argument with the man when Mullins got a knife from the kitchen.
According to the warrants, Mullins returned to the bedroom where Cline held the man down while Mullins stabbed him in the leg and neck.
Authorities said Mullins was charged with assault, battery and possession of a weapon. Cline was charged with assault and battery and released from jail on a $7,500 personal recognizance bond.
According to the South Carolina Judicial Department Public Index, Mullins was previously arrested in June on charges of attempted murder. She is accused of shooting at two people from her car. Authorities said she was out on home detention before this incident.
Copyright 2022 WMBF via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/14/warrants-2-women-arrested-charged-stabbing-man-accused-cheating/ | 2022-09-14T01:12:36Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of American Outdoor Brands, Inc. ("American Outdoor" or the "Company") (NASDAQ: AOUT). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether American Outdoor and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On July 14, 2022, American Outdoor reported its financial results for the Company's fourth fiscal quarter. Among other items, American Outdoor reported non-GAAP earnings per share of $0.14, missing consensus estimates by $0.23, and a 28.8% decline in revenue to $45.9 million, missing expectations by $9.2 million.
On this news, American Outdoor's stock price fell $1.05 per share, or 11.15%, to close at $8.37 per share on July 15, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/08/01/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-american-outdoor-brands-inc-aout/ | 2022-08-01T19:25:06Z |
- Upgrades expected to generate net savings of $20 million over 20 years after funding the $69 million project
- Project aligns with Colorado's building performance standards by reducing greenhouse gas emissions by 25% from 2021 baseline; will conserve 1.8 billion gallons of water over the project term
- Johnson Controls OpenBlue platform will be integrated to manage utility spend, assist with operational excellence and provide students and community with increased visibility of sustainability measures
AURORA, Colo., April 19, 2022 /PRNewswire/ -- Cherry Creek School District (CCSD) and Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, are embarking on a sustainability initiative expected to reduce annual carbon emissions by 25%, water usage by 1.8 billion gallons and provide net savings to the school district of $20 million over the next 20 years – all while creating a more improved learning environment throughout Colorado's fourth-largest school district.
"Cherry Creek Schools is dedicated to excellence in all aspects of public K-12 education. A key component is aligning our facility operations with our values," said Superintendent Christopher Smith. "Our partnership with Johnson Controls will make our buildings more environmentally friendly, lower utility costs and improve the learning environment for our 60,000 students and staff members."
This $69 million project will generate savings that will fund the entire project, in addition to generating net savings of $20 million over the 20-year term. While emissions reduction will be top of mind throughout the project, CCSD and Johnson Controls carefully considered how these upgrades will support the district's efforts to achieve equity within the communities the district serves. In support of this effort, 10% Minority- and Women- Owned Business Enterprise (MWBE) are contracted to work on the project.
Groundbreaking upgrades
The overall CCSD initiative includes several innovative technologies and solutions integrated by Johnson Controls, including:
- LED light fixtures and controls to enhance learning environments and reduce energy consumption
- Water plumbing and irrigation control upgrades with expected total annual cost savings of nearly 20% and 1.8 billion gallons saved over the project term
- HVAC systems to address deferred maintenance and improve indoor air quality
- Computer power management to reduce computer-related energy use by 25-35%
Johnson Controls' OpenBlue technology platform is at the heart of the updates to ensure operational excellence and manage utility spend. This comprehensive, AI-enabled solution provides advanced data insights in a single-source dashboard to help CCSD develop an energy use intensity roadmap and optimize its operations across facilities while providing new educational opportunities to students. The solution also offers full transparency to the community via GreenHub, a powerful public-facing module that enables CCSD to showcase its energy conservation and sustainability measures.
"We're making LED lighting, water and controls upgrades the centerpiece of the project because of their immediate impact on occupant health, student productivity and utility costs," said Jenny Stentz, Johnson Controls vice president and general manager, HVAC & Controls. "These enhancements, powered by the implementation of the OpenBlue technology platform, will supercharge Cherry Creek's healthy building efforts, so it can stay on the cutting edge even as sustainability targets shift. These are solutions with immediate impact that can grow and adapt with the district's evolving needs."
Powerful impact
Passed by the Colorado legislature in 2021, HB21-1286 establishes a building energy performance standard for buildings over 50,000 square feet. According to the Act, building owners must collect and report on energy-use benchmarking data and comply with energy and GHG emissions reduction requirements of 7% by 2026 and 20% by 2030 from a 2021 baseline. This project expects to outperform these targets with an anticipated annual greenhouse gas emissions reduction of 25% from its 2021 baseline, six years earlier than the compliance date.
"The key to building a successful sustainability program is to think beyond requirements," said Chief Financial and Operating Officer Scott Smith. "The steps that Cherry Creek is taking today will have long-term positive benefits, not only for its students and staff but for the communities it serves. This project and partnership with Johnson Controls will allow CCSD to ensure that its facilities aren't just meeting new regulations but surpassing them — and ensure that CCSD keeps its classroom environments clean, healthy and comfortable for years to come."
To learn more about how Johnson Controls develops healthy, sustainable and connected K-12 environments, visit www.johnsoncontrols.com/k12.
About Johnson Controls
At Johnson Controls (NYSE: JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.
With a history of more than 135 years of innovation, Johnson Controls delivers the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through its comprehensive digital offering, OpenBlue. With a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world's largest portfolio of building technology, software and service solutions with some of the most trusted names in the industry. For more information, visit www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.
Media Contact:
Kari Pfisterer
Director, Public Relations and Media
Johnson Controls
Direct +1 414 217 1488
kari.b.pfisterer@jci.com
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SOURCE Johnson Controls International plc | https://www.mysuncoast.com/prnewswire/2022/04/19/cherry-creek-school-district-johnson-controls-pave-way-colorados-healthy-sustainable-future/ | 2022-04-19T21:01:19Z |
Tapestri® Platform powers Nature Medicine publication that identified rare subclones associated with aggressive cancer progression
SOUTH SAN FRANCISCO, Calif., Aug. 11, 2022 /PRNewswire/ -- Mission Bio, the pioneer in high-throughput single-cell DNA and multi-omics analysis, announced new findings from the lab of Elías Campo, Director of the August Pi i Sunyer Biomedical Research Institute (IDIBAPS) in Barcelona, Spain, which used single-cell DNA sequencing to identify genetic drivers of Richter's syndrome, the unpredictable and often deadly progression from chronic lymphocytic leukemia (CLL) to an aggressive B cell lymphoma. The study, published today in the journal Nature Medicine, was the latest to demonstrate clinically relevant insights using Mission Bio's Tapestri® Platform, highlighting rare Richter's Syndrome subclones that lie dormant for years and could be targeted therapeutically to prevent disease progression by uncovering mutations at the individual cell level.
There are about 20,000 patients diagnosed with CLL in the U.S. each year. Though CLL is often treatable, Richter's syndrome can develop after treatment with targeted therapies, affecting up to 10% of patients and transforming the cancer into the more aggressive diffuse large B cell lymphoma (DLBCL), which has a median survival of one year or less.
In the new publication, the IDIBAPS-led team performed genomic, epigenomic, and transcriptomic characterization of CLL patients before and after treatment in an effort to understand drivers of Richter's syndrome. By using Mission Bio's highly sensitive Tapestri® CLL panel, the researchers were able to resolve clonal heterogeneity and trace the cancer's evolutionary history, detecting rare pre-existing mutations associated with disease progression in samples from four patients. The results suggest that treatment was driving selection for subclones – an analysis that was not possible with traditional bulk sequencing methods that are incapable of detecting mutations that co-occur in the same cells.
The genomic drivers were identified in an extremely small number of subclones – about five cells – and detected years before final expansion. The findings could enable researchers to develop strategies targeting these dormant subclones to prevent CLL patients from developing Richter's syndrome.
"Single-cell DNA sequencing, powered by Tapestri®, allowed us to resolve the co-mutational relationships within cells and unambiguously detect rare subclones at early stages of evolution that bulk sequencing missed," said Ferran Nadeu, PhD, a postdoctoral researcher at IDIBAPS and the publication's primary author.
"This is the latest example of how Tapestri® Platform empowers scientists to find drivers of cancer progression early in the course of disease, which could enable the development of predictive biomarkers and earlier therapeutic interventions," said Todd Druley, M.D., PhD, Chief Medical Officer of Mission Bio. "This research makes a strong argument that single-cell DNA sequencing is a necessary tool to uncover mechanistic insight into cancer biology, enabling the development of diagnostics and therapeutics to fight this disease."
To learn more about Mission Bio and the Tapestri® Platform, please visit www.missionbio.com.
About Mission Bio
Mission Bio is a life sciences company that accelerates discoveries and cures for a wide range of diseases by equipping researchers with the tools they need to better measure and predict our resistance and response to new therapies. Mission Bio's multi-omics approach improves time-to-market for new therapeutics, including innovative cell and gene therapies that provide new pathways to health. Founded in 2014, Mission Bio has secured investment from Novo Growth, Cota Capital, Agilent Technologies, Mayfield Fund, and others.
The company's Tapestri® Platform gives researchers around the globe the power to interrogate every molecule in a cell together, providing a comprehensive understanding of activity from a single sample. Tapestri® is the only commercialized multi-omics platform capable of analyzing DNA and protein simultaneously from the same sample at single-cell resolution. The Tapestri® Platform is being utilized by customers at leading research centers, pharmaceutical, and diagnostics companies worldwide to develop treatments and eventually cures for cancer.
Media Contact
Consort Partners for Mission Bio
missionbio@consortpartners.com
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SOURCE Mission Bio | https://www.mysuncoast.com/prnewswire/2022/08/11/idibaps-researchers-discover-genetic-drivers-clonal-evolution-leukemia-using-single-cell-dna-sequencing-mission-bio/ | 2022-08-11T15:55:00Z |
SYOSSET, N.Y., May 24, 2022 /PRNewswire/ -- Ensuring safe, accurate, and timely dispensing of medications to patients remains the top priority for today's busy pharmacies. The PrimeRx™ pharmacy management system simplifies the process with a technology solution that ensures the highest levels of automation, accuracy, and efficiency.
PrimeRx™, developed by Micro Merchant Systems, allows comprehensive management of prescription intake, processing, and dispensing processes. With PrimeRx™ serving as the core operating system, pharmacies can access a wide range of capabilities, with all functions integrated to ensure seamless prescription management.
Intake
PrimeRx™ allows pharmacies to accommodate prescriptions received electronically, as well as those that arrive via fax, or are physically dropped off by a patient.
- Seamless integration with Surescripts®. Surescripts® is the dominate provider of e-prescribing services, and a vital partner in linking doctors, payers, and pharmacies. PrimeRx™ interfaces directly with Surescripts® to ensure seamless transmission of electronic prescriptions and timely, accurate processing of patient information. All prescriptions are added to patient records within PrimeRx™.
- PrimeDMS™ for faxed/hard copy prescriptions. The PrimeDMS™ document management system manages non-electronic prescriptions. The solution enables pharmacies to scan non-electronic prescriptions – both front and back – directly into PrimeRx™. Prescriptions are digitized and seamlessly added to the pharmacy's document queue for processing, dispensing, and storage.
Processing
Once the prescription enters the pharmacy's workflow, PrimeRx™ offers several capabilities for facilitating the review process. These solutions, which rely on direct interfaces with leading third-parties, allow pharmacies to perform critical functions in a fraction of the time it would take to complete these tasks manually.
- Electronic Prior Authorization. PrimeRx™ allows direct integration with CoverMyMeds®, a leading solution that automates the prior authorization process of many U.S. insurance companies. By allowing this important function to be managed electronically, the authorization process is expedited. This allows patients to receive their medications faster, while streamlining the records management process for pharmacies and other stakeholders.
- Real Time Prescription Benefit Management. PrimeRx™ allows direct integration with Real-Time Prescription Benefit by Surescripts®. This solution provides pharmacists access to the medication benefit information included in each patient's plan. Direct access to this information allows pharmacy staff to know immediately if a prescribed medication is covered by a patient's plan, thereby eliminating the time-consuming task of manually having to look up this information. Real-Time Prescription Benefit also identifies therapeutic alternatives that are on the patient's plan formulary.
Typical Benefits Include:
. 75 percent reduction in staff time spent responding to patient pricing concerns.
. 30 percent improvement in medication adherence rates.
. ½ -star improvement in Medicare Star Ratings.
. Simplified pharmacy-provider-payer communication process.
Dispensing – Co-Pays and Deliveries
Once a prescription has been processed and filled, additional PrimeRx™ capabilities facilitate co-pay collections and help manage delivery services.
- PrimeRx™PAY allows pharmacies to manage co-pay collection, issuance of receipts, and documentation for contactless transactions. Through PrimeRx™PAY a patient receives a text message that includes a link for easy copay transmission. Once the copay is processed, a receipt is emailed to the patient, with all resulting records seamlessly transmitted back to the PrimeRx™ system.
- Prime DELIVERY™ works seamlessly with PrimeRx™ and its point-of-sale module, PrimePOS™, to manage pharmacies' home delivery services.
- PrimeSHIPPING™ provides a highly efficient solution for mail-order pharmacies and retail pharmacies that offer shipping services. The solution integrates with both UPS and Federal Express.
- Script Drop seamlessly connects pharmacies to a network of trained, professional couriers for delivery services.
- Rx2Go is a medication courier service that specializes in prescription delivery services. Current coverage area includes New York, New Jersey, Connecticut, Pennsylvania, and California.
The PrimeRx™ operating system allows pharmacies to seamlessly manage all workflows from a single platform. PrimeRx™ is highly regarded as a user-friendly, intuitive operating system that automates key processes and adds efficiency to pharmacy operations.
To learn more, or to schedule a demo, please CLICK HERE to be connected with a Micro Merchant Systems sales representative.
Michele Daniels
Micro Merchant Systems, Inc.
(516) 408-3999
sales@micromerchantsystems.com
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SOURCE Micro Merchant Systems | https://www.mysuncoast.com/prnewswire/2022/05/24/primerx-facilitates-prescription-management-with-seamless-intake-processing-dispensing/ | 2022-05-24T14:23:16Z |
Woman found screaming in abandoned Chicago house, neighbor says
By Stephanie Wade
Click here for updates on this story
CHICAGO (WLS) — A woman was found in an abandoned home on the South Side after a passerby said he heard the woman screaming for help.
Chicago police officers were called to an abandoned home at 119th Street and Eggleston Saturday and said they found a 36-year-old woman inside.
A neighbor said he was passing by when he heard the woman calling for help.
“She was screaming, ‘Help,’ and I was like, ‘Who is in there with you?’ and I was asking her different questions,” Antione Dobine, neighbor, said. “At that time, that is when I made the 911 call. The police said her legs were chained and her hands were handcuffed.”
The man went on Facebook Live after the incident Saturday, sharing his story.
In the video, an officer mentions the woman was chained in the basement.
The video has gone viral with more than 400,000 views and counting.
Neighbors said they’ve seen the woman in the neighborhood before.
She was transported to a local hospital in good condition, police said.
No one is in custody.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/23/woman-found-screaming-in-abandoned-chicago-house-neighbor-says/ | 2022-05-23T22:37:11Z |
2 young brothers, ages 3 and 4, drown in backyard pool at Arizona home
GLENDALE, Ariz. (KTVK/KPHO/Gray News) – Two young brothers are dead after they drowned in a backyard pool Friday evening at a home in Arizona.
According to Glendale police, the boys were just 3 and 4 years old.
Fire officials said one of the boys got into the pool to try to save his brother, who went underwater. Both boys ended up drowning.
When first responders arrived, the parents were performing CPR on the boys. The brothers were rushed to the hospital.
On Saturday, the day after the drownings, crews announced that one of the boys had died and the other was listed in critical condition. Two days later, on Monday, police confirmed that the second child had also died.
It’s unclear how long the boys were underwater in the pool. Firefighters said the pool didn’t have a fence around it. An investigation is still underway.
Copyright 2022 KTVK/KPHO via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/28/2-young-brothers-ages-3-4-drown-backyard-pool-arizona-home/ | 2022-06-28T15:57:29Z |
- Climate Information for Disaster Risk Management During Monsoon Season in Central Vietnam.
- Water, Sanitation, and Sustainable Communities in Rural Ghana.
- An Analysis of The Russia-Ukraine Conflict and Possible Solutions.
- Climate Change and the Restoration of Depleted Forests to Build Food Security in Ghana.
- China's Engagement in Africa.
RICHMOND, Va., June 21, 2022 /PRNewswire/ -- These Capstone project titles represent work completed by students in Policy Pathways' college preparatory programs. Students analyzed and proposed solutions to international issues and challenges.
Advances in technology, communication, and transportation afford individuals opportunities to connect with others like never before. The concept of globalization is now at the lay-person's fingertips, yet international affairs is not taught in a comprehensive manner in many high schools, particularly those in underserved communities. It is critical that our nation's youth gain an appreciation for the intersectionality of disciplines in a global context to forge a brighter future for people around the world.
Policy Pathways is exposing youth and young adults to the world of policy formation and analysis on local, national, and international levels. The Richmond-based nonprofit offers programs that uncover how policy-makers approach, think about, and solve problems while developing students' critical thinking, collaboration, and citizenship skills.
Policy Pathways is making great bounds. One partnership, with Dr. Nana Derkyi and the School of Engineering at the University of Energy and Natural Resources (Sunyani, Ghana), and The Commonwealth (VA) Chapter of the Links, Incorporated, introduces high school students to topics and careers in international affairs. Dr. Derkyi recently presented on climate change and energy policy to Richmond Public Schools students. He will lead a Capstone project in Policy Pathways' 2022 Summer Academy for Policy Leadership and Public Service Online entitled "Ghana's Energy Policy and The Growing Interdependence of China and Africa Trade."
On June 26th at 2:00 PM (EST), Dr. Ralph Hall, School of Public and International Affairs at Virginia Tech, will moderate the Summer Academy's International Affairs Forum on China-Africa Trade and Energy Policy. Drs. Hall and Derkyi will be joined by Dr. Maia Linask, University of Richmond, and Dr. Sombo Muzata, James Madison University.
Says Policy Pathways President, Dr. D. Pulane Lucas, "Our partnerships reflect the importance of institutions working together to bring a unique set of resources, skills, and talents to the education of youth."
Please join us on June 26th for a riveting International Affairs Forum!
Contact us: policypathways.org.
Media contact: Gretchen Kent, gretchenkent@policypathways.org
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SOURCE Policy Pathways, Inc. | https://www.wibw.com/prnewswire/2022/06/21/policy-pathways-ignites-enthusiasm-international-affairs-high-school-students/ | 2022-06-21T15:14:45Z |
NORTH CANTON, Ohio, May 20, 2022 /PRNewswire/ -- Area Wide Protective (AWP), the leading North American provider of traffic control services and equipment, announced the appointment of George Bullock lll as chief financial officer (CFO). Bullock will lead AWP's financial planning and analysis, corporate controller, treasury, and information technology teams.
"George is an exceptional financial leader with extensive experience across private equity, Fortune 500 and privately-held companies," says Rob Sehnert, AWP president and chief executive officer (CEO)."He is highly regarded for his proactive problem solving. We believe his experience in developing and executing strategic financial plans, along with building high-performing teams, will help AWP rapidly achieve our profitable growth goals."
Bullock has more than 29 years of leadership and financial experience. Prior to joining AWP, Bullock was the chief operating officer at ASC Engineered Solutions, a market leading industrial distribution business. Bullock previously served in chief financial officer roles at Smith Cooper International, Airborne Systems, and IMI's Severe Service group. Bullock received a bachelor's degree in management from the U.S. Air Force Academy, and a master's degree in business administration from the University of Colorado in Colorado Springs.
Bullock's appointment is the latest addition to an executive leadership team focused on optimizing AWP's strategy, sales growth and operational excellence in full-service traffic management. The team includes:
- Robert Sehnert, president and CEO, responsible for driving strategy and performance as AWP expands its capabilities and footprint to serve utility, telecommunication and roadway customers.
- Jarrod Wachter, chief operating officer, responsible for overseeing the delivery of safe, efficient and reliable traffic control solutions for a diverse customer base across the United States and Canada.
- Michael Shearer, chief human resource officer, responsible for leading talent acquisition and development, compensation and benefits and optimizing AWP's organizational structure to support effective operations.
- Josh Shipman, chief revenue officer, responsible for leading AWP's market strategy, customer engagement, sales penetration and brand enhancement to drive organic growth.
- Matthew Hunt, chief legal officer, responsible for all aspects of legal strategy, services and compliance that protects the interests of AWP's customers, workforce and business.
About Area Wide Protective
As North America's leader in professional traffic management, Area Wide Protective Inc., (AWP) protects the public and the people who make infrastructure possible. AWP's network of brands includes Statewide Safety Systems, Trafficade Service Companies, Advantage Barricade & Roadmarks, Traffic Safety Rentals and Safety First. The company's capabilities include work zone flagging, design and engineering for transportation management plans, equipment sales, rental and 24/7 support. AWP employs 6,550 team members across 27 U.S. states and four Canadian provinces. For more information, visit www.awptrafficsafety.com.
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SOURCE AWP, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/20/area-wide-protective-awp-appoints-george-bullock-iii-chief-financial-officer/ | 2022-05-20T15:48:29Z |
A look at what’s happening around the majors on Sunday:
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ON THE CLOCK
The Baltimore Orioles have the first pick in the amateur draft for the second time in four years — and they’ll be looking for someone who can join 2019 top pick Adley Rutschman in the core of their next contender.
Many consider the best player available to be Georgia high school outfielder Druw Jones — son of former Braves star Andruw Jones. Several other players have big league family connections, including Jackson Holliday (son of Matt), Justin Crawford (son of Carl) and Cam Collier (son of Lou). Right-hander and former Vanderbilt star Kumar Rocker is also back in this year’s class after failing to reach an agreement as the Mets’ first-round pick last summer.
Rounds 1 and 2 are set for Sunday night, with 3-10 on Monday and 11-20 on Tuesday.
M-M-M GOOD
The Mariners have won 13 in a row, two shy of matching the team record set in 2001 when Ichiro Suzuki, Edgar Martinez and Bret Boone led Seattle to 116 wins and its last playoff appearance.
J.P. Crawford hit an RBI single in the 10th inning as the Mariners beat Texas 3-2 on Saturday. Carlos Santana homered to help Seattle (50-42) win for the 21st time in 24 games.
The reigning World Series champion Atlanta Braves hold the longest winning streak this season, taking 14 in a row last month.
Mariners right-hander Chris Flexen (6-8, 3.84 ERA), who is 4-0 with a 2.53 ERA in five career starts against Texas, opposes rookie righty Glenn Otto (4-5, 5.50) has given up no more than two runs in eight of his 12 starts overall.
HALFTIME
It’s the final day of play before the All-Star break, with the Yankees, Astros and Dodgers holding big division leads and the Mets, Brewers and Twins on top in closer races.
Freddie Freeman, Trea Turner, Mookie Betts and Los Angeles face the Angels in the Freeway Series, two days before the All-Star Game at Dodger Stadium.
First-time All-Star Luis Arraez, Carlos Correa and Minnesota play the White Sox at Target Field. Dylan Cease (8-4, 2.30 ERA) starts for Chicago — he has allowed just three earned runs over his last nine starts and leads all starters with 13.09 strikeouts per nine innings, but hasn’t been picked for the All-Star Game. Minnesota is expected to activate and start RHP Chris Archer (2-3, 3.08). Archer has been out since July 2 left hip tightness.
SUNDAY SPECIAL
Red Sox left-hander Chris Sale faces Yankees ace Gerrit Cole (8-2, 3.05) in his second start of the season after being sidelined by a broken rib.
Sale pitched five scoreless innings against the Rays in his season debut Tuesday night, reaching 97 mph during his final inning. Manager Alex Cora was pleased with the arm strength and thought Sale succeeded despite some rust in his delivery.
Cole pitched seven shutout innings with 11 strikeouts against Cincinnati in a 4-3 loss Tuesday for the major league-leading Yankees.
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More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/leading-off-os-get-1st-pick-in-draft-ms-win-13-in-row/ | 2022-07-17T03:23:37Z |
GlassesUSA.com and "Bringing Life to the World" are breaking down barriers and working together to provide the highest quality of vision care in some of the world's most challenging contexts.
NEW YORK, June 28, 2022 /PRNewswire/ -- GlassesUSA.com, the fastest-growing, leading online glasses store in the United States has partnered with Bringing Life to the World, a delegation of the top physicians in the nation as part of a new humanitarian effort, to bring both sight and medical assistance to developing countries around the world. This pioneering medical effort kicked off in Nepal, where doctors from world renowned global medical centers were aimed at providing high quality life saving medical care, including vision care to people who need it the most.
GlassesUSA.com played an instrumental role in bringing vision care and vision correction products to hundreds of children and adults in Nepal, giving them the ability to see properly for the very first time in their lives!
"As a nimble organization that is able to mobilize quickly and efficiently, GlassesUSA.com is proud to take action and provide resources to help and provide vision care to people with zero access to medical assistance." Daniel Rothman, CEO and co-founder, GlassesUSA.com.
GlassesUSA.com and Bringing Life to the World are focused on helping provide medical and vision care where people have no access to modern medicine.
About GlassesUSA.com
GlassesUSA.com is the fastest growing, leading online eyewear retailer in the United States. Offering a variety of high-quality designer and private label brands, designed in-house in a wide-range of styles – single vision glasses, progressives, sunglasses, sports glasses, kids glasses, contact lenses, blue light glasses, bluetooth glasses and more – GlassesUSA.com was built on the belief that eyewear should be affordable for all. The company is on a mission to change the way consumers purchase their eyewear needs. As a disruptor in the eyewear category, GlassesUSA.com continues to innovate the industry with tools that further the brand's mission, including its proprietary Prescription Scanner app, which extracts the current prescription from any pair of glasses, and the Virtual Glasses Try-On which allows consumers to try on any frames from the comfort of their home as well as a 60 second quiz that easily allows customers to find their perfect eyewear match in no time at all. GlassesUSA.com relies on data and technology to optimize operations and unlock opportunities to more effectively serve their customers. Learn more at GlassesUSA.com.
Contact Information
Leah Sushelsky- PR & Communication Director
leah.sushelsky@optimaxeyewear.com
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SOURCE GlassesUSA.com | https://www.mysuncoast.com/prnewswire/2022/06/28/leading-online-optical-retailer-glassesusacom-partners-with-humanitarian-project-bringing-life-world-provide-sight-hundreds-people-nepal-first-time-ever/ | 2022-06-28T13:40:26Z |
Accuser’s mom: R Kelly’s threats made her fear for her life
CHICAGO (AP) — A mother whose daughter prosecutors say R. Kelly sexually abused starting when she was 14, told jurors Monday at the singer’s federal trial that she lied to a state grand jury 20 years ago, in part because she and her husband felt threatened by Kelly and feared for their lives if they told the truth.
The mom, who used the pseudonym, “Susan,” in court at the trial in Chicago, described how she, her husband and Kelly were crying when the parents confronted the Grammy-winner at a hotel in the early 2000s about whether he was abusing their daughter. She testified they were startled when Kelly told them, “You are with us or against us.”
She said she took those words to mean “that they were going to harm us if we didn’t do what they wanted us to do.” Among the directives from Kelly and an associate was that they had to lie that their daughter was not in a child pornography video and that they had to leave the country immediately for several weeks, she testified.
“We were very, very frightened,” she told jurors.
She added later that she lied to the grand jury “because we feared for our lives and we were intimidated.” She said she also feared for the well-being of her daughter, who warned her parents at the time that she might commit suicide if they refused to do what Kelly asked them to do.
Kelly, 55, is on trial in his hometown on charges that include production of child pornography, enticing minor girls for sex and obstruction justice by successfully rigging his 2008 child pornography trial in state court, at which he was acquitted.
Kelly is already staring at a 30-year prison sentence imposed by a federal judge in New York in June for his 2021 convictions on racketeering and sex trafficking charges.
Susan’s daughter, who went by the pseudonym “Jane,” was among the prosecution’s first witnesses as the trial began last week. Jane told jurors that she also lied to the same grand jury prior to 2008 trial when she said she was not the 14-year-old girl in a video with Kelly. Jane, now 37, told jurors last week that, in fact, she had been sexually abused hundreds of times by Kelly before she had turned at 18.
On Monday, in an often contentious cross-examination, Kelly attorney Jennifer Bonjean repeatedly questioned Susan about whether she truly felt her life was in any danger from Kelly or his associates.
“No one actually threatened you, did they?” Bonjean asked.
“Yes, they did,” Susan answered.
Bonjean also asked why, if Susan felt so threatened by Kelly, she and her family continued to mix with Kelly socially for the next 20 years. She answered that Kelly was their sole income for a period, paying her musician husband to work on Kelly recordings. She also said she worried about Jane’s welfare if they cut ties with Kelly.
The husband, Jane’s father, died last year, she told jurors.
During her cross, Bonjean highlighted Susan’s testimony that she lied to the Illinois grand jury, asking if she was “telling the truth now.” Susan said she was.
Prosecutors from the Cook County state’s attorney’s office chose in the mid-2000s to push ahead with charges and to take the case to trial in 2008 despite what they knew was a major hurdle: their inability to call the girl in the video to testify.
After acquitting Kelly in the 2008 trial, some jurors told reporters that that they had no choice but to find Kelly not guilty because the girl — who by then was in her 20s — did not take the witness stand to confirm it was, in fact, her in the video.
Federal prosecutors at the current trial played excerpts of that and other videos they say show Kelly when he was around 30 sexually abusing a 14-year-old Jane.
Kelly has been trailed for decades by allegations about his sexual behavior. The scrutiny intensified during the #MeToo era and following the 2019 release of the Lifetime television docuseries “Surviving R. Kelly.”
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Follow Michael Tarm on Twitter at https://twitter.com/mtarm and find AP’s full coverage of the R. Kelly trial at https://apnews.com/hub/r-kelly.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/22/accusers-mom-r-kellys-threats-made-her-fear-her-life/ | 2022-08-22T23:44:03Z |
Oral presentation characterizes promising PK/PD properties of KP104 in relevant animal models and supports its further development as a potent bifunctional complement inhibitor suitable for both intravenous and subcutaneous administration
Poster presentations demonstrate synergistic effects of selectively inhibiting both the alternative and terminal pathways to treat complement-driven diseases, including data from a new C3G mouse model
CAMBRIDGE, Mass. and SUZHOU, China, Aug. 26, 2022 /PRNewswire/ -- Kira Pharmaceuticals, a global biotechnology company pioneering transformational complement therapies to treat immune-mediated diseases, will present preclinical data supporting its bifunctional approach to complement inhibition at the 2022 European Meeting on Complement in Human Disease (EMCHD) Conference. The research, conducted in collaboration with the Perelman School of Medicine at the University of Pennsylvania, further supports the clinical advancement of Kira's lead asset, KP104, a first-in-class biologic with a unique dual-approach mechanism of action. Designed to selectively block the alternative and terminal pathways, KP104 provides a powerful and synergistic method of targeting validated drivers of disease in the complement system.
Taking place August 26-29, the conference will be held in Bern, Switzerland. Presentation abstracts are now available for viewing at the conference website.
An intricate constellation of protein pathways, the complement system is a key component of innate immunity. Aberrant activity within this system can be a driver of diseases such as autoimmune and inflammatory conditions. Due to the complexity of complement biology, there remains a significant unmet medical need for next-generation and anti-complement drugs with better efficacy and convenience of administration than current therapies. The research presented at EMCHD provides evidence that using a bifunctional approach to target alternative and terminal pathways of the complement system could result in therapies with greater efficacy, longer lasting effects, and improved safety.
"Based on intellectual property licensed from and developed at the University of Pennsylvania, Kira's leading product KP104 is designed to overcome the inherent challenges of complement drug discovery and in preclinical models, exhibits superior efficacy and longer-lasting inhibition than current complement-focused treatment options," said Kira President & Head of R&D and Co-founder Wenru Song, M.D., Ph.D. "We are highly encouraged that these data underscore the potential of KP104 in treating a range of debilitating diseases and we are looking forward to initiating Phase 2 trials."
Kira has completed a Phase 1 first-in-human (FIH) study evaluating KP104, in which clinical proof-of-mechanism (POM) was achieved, and is initiating Phase 2 proof-of-concept (POC) trials across multiple indications. The company plans to present safety, tolerability, pharmacokinetics (PK), and pharmacodynamics (PD) data from the Phase 1 study at a medical conference later this year.
Details for the oral presentation are as follows:
Title: Pharmacokinetics/pharmacodynamics of KP104, a bi-functional antibody fusion protein inhibitor of complement, in C5/FcRn-humanized transgenic mice and Cynomolgus monkeys
Authors: Jay Ma1, Xiang Gao1, Takashi Miwa2, Damodar Gullipalli2, Sayaka Sato2, Wen-Chao Song2, Xihua Zhu3, Jianjun Zhang3, Chaomei He1, Helen Fu1, Richard Lee1, Frederick Beddingfield1,4, Wenru Song1, Ping Tsui*,1
Abstract Number: 126
Session Title: Scientific Session IV: Therapeutics
Session Date and Time: August 28, 2022, 9:15 – 9:30 CEST
Presentation Summary and Background: The data demonstrate an optimal pharmacological profile for KP104 in human C5 transgenic mice and non-human primates (NHPs), supporting its further development as a potent bifunctional complement inhibitor suitable for both intravenous and subcutaneous administration.
1Kira Pharmaceuticals, Cambridge MA, 2Department of Systems Pharmacology and Translational Therapeutics, Perelman School of Medicine, University of Pennsylvania, 3Kira Pharmaceuticals, Suzhou China, 4 Department of Medicine, Division of Dermatology, David Geffen School of Medicine at UCLA *Correspondence authors
Details for the poster presentations are as follows:
Title: Design and characterization of KP104, a bi-functional anti-C5 mAb and FH1-5 fusion protein that synergistically inhibits alternative and terminal pathways of complement activation
Authors: Takashi Miwa1, Damodar Gullipalli1, Sayaka Sato1, Madhu Golla1, Xihua Zhu2, Jianjun Zhang2, Dongqiong Fei2, Ping Tsui3, Fengkui Zhang4, Wen-Chao Song1
Poster Number: 132
Session Title: Poster Viewing Session II
Session Date and Time: August 28, 11:45 – 13:30 CEST
Poster Summary and Background: This poster describes the design and initial characterization of KP104, a novel biologic engineered to optimize PK/PD properties to address unmet medical needs with currently approved complement drugs. Pre-clinical study results show KP104 to be a potent bifunctional complement inhibitor of the alternative and terminal pathways, possessing tissue-targeting property for cells with C5b-9 deposition. In addition, the data demonstrate a synergistic effect between the two moieties in KP104, namely the anti-C5 mAb and FH SCR 1-5.
1Department of Systems Pharmacology and Translational Therapeutics, Perelman School of Medicine, University of Pennsylvania, Philadelphia, PA, 2Kira Pharmaceuticals, Suzhou, China, 3Kira Pharmaceuticals, Cambridge, MA, 4Institute of Hematology, Chinese Academy of Medical Sciences, Tianjin, China
Title: Therapeutic efficacy of a bi-functional anti-C5 mAb/FH1-5 fusion protein in a mouse model of rapidly progressing lethal C3 glomerulopathy
Authors: Sayaka Sato1, Takashi Miwa1, Damodar Gullipalli1, Lin Zhou1, Jianjun Zhang2, Xiaoxia Hu2, Bingbing Jiang2, Ping Tsui3, Wen-Chao Song1
Poster Number: 174
Session Title: Poster Viewing Session II
Session Date and Time: August 28, 11:45 – 13:30 CEST
Poster Summary and Background: C3 glomerulopathy (C3G) is rare kidney disease caused by dysregulated activity of the complement system's alternative pathway for which no approved therapy exists. Data suggests that a murine surrogate of KP104, a bifunctional anti-C5 mAb/FH1-5 fusion protein entering phase 2 clinical trials, is more efficacious than a murine anti-C5 mAb in treating established disease in a lethal mouse model of C3G.
1Department of Systems Pharmacology and Translational Therapeutics, Perelman School of Medicine, University of Pennsylvania, Philadelphia, PA, 2Kira Pharmaceuticals, Suzhou, China, 3Kira Pharmaceuticals, Cambridge, MA
Disclosure: Dr. Wen-Chao Song, a Professor of Pharmacology in the Department of Systems Pharmacology and Translational Therapeutics at the Perelman School of Medicine at the University of Pennsylvania and co-founder of Kira Pharmaceuticals as well as Chair of the Kira Scientific Advisory Board, owns equity, receives consultant fees and benefits from sponsored research funding from Kira. Dr. Song is also an inventor of patents owned by the University of Pennsylvania and licensed to Kira Pharmaceuticals, and as such, both Dr. Song and Penn may further benefit financially from the successful development and commercialization of products by the company.
About KP104
KP104 is a first-in-class biologic with a unique dual-approach mechanism of action designed to selectively block both the alternative and terminal complement pathways. KP104 provides a powerful and synergistic method of targeting validated drivers of disease in the complement system. KP104 has also been engineered to have an extended half-life and potency and has a formulation suitable for both intravenous and subcutaneous administrations. KP104 is entering Phase 2 POC trials across multiple indications, including IgA nephropathy (IgAN), C3 glomerulopathy (C3G), thrombotic microangiopathies secondary to systemic lupus erythematosus (SLE-TMA) and paroxysmal nocturnal hemoglobinuria (PNH). Phase 2 trials will be conducted globally including in the U.S., China, Australia, and South Korea. KP104 is an investigational agent not yet approved for any indication by any health authority.
About Kira Pharmaceuticals
Kira Pharmaceuticals is a global biotechnology company pioneering complement-targeted therapies to treat immune-mediated diseases. Enabled by its LOGIC drug discovery platform, the company is committed to advancing first-in-class and best-in-class therapies to transform the lives of patients. With offices in Cambridge, Massachusetts, and facilities in Suzhou and Shanghai, China, and Australia, Kira Pharmaceuticals is committed to establishing a global footprint and advancing life-changing therapies to patients around the world. More information on Kira can be found at www.kirapharma.com as well as on LinkedIn.
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SOURCE Kira Pharmaceuticals | https://www.kxii.com/prnewswire/2022/08/26/kira-pharmaceuticals-present-new-preclinical-data-lead-asset-kp104-2022-european-meeting-complement-human-disease-conference/ | 2022-08-26T11:47:15Z |
MEMPHIS, Tenn., July 26, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) or the "Company" today announced that its board of directors has declared a quarterly common stock dividend of $0.15 per share. The dividend is payable on October 3, 2022 to shareholders of record at the close of business on September 9, 2022.
Preferred Dividend Information
Cash dividends were also declared on the Company's Series C, Series D, Series E and Series F Preferred Stock, and on First Horizon Bank's Class A Non-Cumulative Perpetual Preferred Stock, as follows:
FHN Series C
Quarterly cash dividend of $165.00 per share on FHN's 6.60% Fixed to Floating Non-Cumulative Perpetual Preferred Stock, Series C ("Series C Preferred Stock"). This equates to a cash dividend of $0.4125 per Depositary Share (NYSE: FHN PRC), which each represent a 1/400th interest in a share of the Series C Preferred Stock. The dividend is payable on November 1, 2022 to shareholders of record at the close of business on October 17, 2022.
FHN Series D
Semi-annual cash dividend of $305.00 per share on FHN's 6.10% Fixed to Floating Non-Cumulative Perpetual Preferred Stock, Series D ("Series D Preferred Stock"). This equates to a cash dividend of $0.7625 per Depositary Share (NYSE: FHN PRD), which each represent a 1/400th interest in a share of the Series D Preferred Stock. The dividend is payable on November 1, 2022 to shareholders of record at the close of business on October 17, 2022.
FHN Series E
Quarterly cash dividend of $1,625.00 per share on FHN's 6.50% Non-Cumulative Perpetual Preferred Stock, Series E ("Series E Preferred Stock"). This equates to a cash dividend of $0.40625 per Depositary Share (NYSE: FHN PRE), which each represent a 1/4,000th interest in a share of the Series E Preferred Stock. The dividend is payable on October 11, 2022 to shareholders of record at the close of business on September 23, 2022.
FHN Series F
Quarterly cash dividend of $1,175.00 per share on FHN's 4.70% Non-Cumulative Perpetual Preferred Stock, Series F ("Series F Preferred Stock"). This equates to a cash dividend of $0.29375 per Depositary Share (NYSE: FHN PRF), which each represent a 1/4,000th interest in a share of the Series F Preferred Stock. The dividend is payable on October 11, 2022 to shareholders of record at the close of business on September 23, 2022.
First Horizon Bank Class A
Quarterly cash dividend of $9.58333 per share on First Horizon Bank's Class A Non-Cumulative Perpetual Preferred Stock. The dividend is payable on October 11, 2022 to shareholders of record at the close of business on September 23, 2022.
First Horizon Corp. (NYSE: FHN), with $85.1 billion in assets as of June 30, 2022, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, mortgage, and title insurance services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
FHN-G
CONTACT: Investor Relations, Ellen Taylor, (901) 523-4450
Media Relations, Beth Ardoin, (337) 278-6868
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SOURCE First Horizon Corporation | https://www.mysuncoast.com/prnewswire/2022/07/26/first-horizon-declares-cash-dividends-common-preferred-stock/ | 2022-07-26T21:01:15Z |
BLUE BELL, Pa. and BIRMINGHAM, England, Aug. 18, 2022 /PRNewswire/ -- IPS-Integrated Project Services, LLC, a leading provider of engineering, procurement, construction management, and validation (EPCMV) services, welcomes Kevin Owen to its EMEA team as Director of Aseptic Technology. Located in Birmingham, UK, Kevin will provide technical consultation on the regulatory challenges in a pharmaceutical operation, as well as oversee aseptic technology projects for clients within the EMEA region, which includes offices in the UK, Ireland, Switzerland, and Germany.
Kevin is an experienced aseptic fill finish subject matter expert (SME) with over 30 years of expertise within pharmaceutical operations and QC laboratory management. A microbiologist by training, Kevin specializes in ensuring aseptic fill finish processes, QC laboratories and advanced therapy medicinal product (ATMP) facilities comply with all regulatory requirements. Kevin has managed product life cycle compliance from early-stage clinical trials to full commercial capability. He has experience installing new lines and equipment within an existing facility while retaining commercial capacity. He is adept at understanding and navigating regulatory guidelines from his time as the client, with expert knowledge of CGMP and current/future compliance expectations, including draft Annex I. Kevin regularly lectures at international aseptic conferences. He is unique in supporting end-to-end projects from the early-stage feasibility to end-stage CQV practices and operator training, and his operational expertise differentiates him.
"We are delighted to welcome Kevin to the IPS family," said Daryn Jenkins, Managing Director, EMEA. "His experience and energy are key to delivering our projects across EMEA and ensuring that our clients' voices will be carried through the implementation phase of all of our projects. I'm so pleased he has decided to join our team."
IPS is a global leader in developing innovative business solutions for the biotechnology and pharmaceutical industries. Through operational expertise and industry-leading knowledge, skill, and passion, IPS provides consultancy services, architecture, engineering, project controls, construction management, and compliance services that allow clients to develop and manufacture life-impacting products. Its EMEA region, established in 2015, has approximately 300 employees and is growing. With the addition of its newest acquisition, Linesight, IPS has nearly 3,000 professionals in over 45 offices across 17 countries in the Americas, Europe, Asia Pacific, Southeast Asia, Australia, and the Middle East. For further information, please visit www.ipsdb.com.
CONTACT:
Dept. of Marketing and Communications
+1.484.344.9234
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SOURCE IPS-Integrated Project Services, LLC | https://www.mysuncoast.com/prnewswire/2022/08/18/ips-strengthens-its-european-aseptic-manufacturing-expertise-with-addition-sme-kevin-owen/ | 2022-08-18T07:53:19Z |
HANGZHOU, China, June 28, 2022 /PRNewswire/ -- STAR.VISION AEROSPACE GROUP LIMITED, a Chinese space technology innovator, has recently won the second place in the Multimodal Learning for Earth and Environment (MultiEarth 2022) competition during the IEEE Conference on Computer Vision and Pattern Recognition (CVPR 2022). They also topped the rankings in another track "CropHarvest 2022" which focuses on crop classification, using testing data set from Kenya, Togo and Brazil.
Organized by MIT Lincoln Laboratory, the MultiEarth 2022 competition focused on using machine learning to address global problems in earth and environmental monitoring such as the decline of the Amazon rainforest. "Deforestation in the Amazon rainforest accounts for the largest share, contributing to reduced biodiversity, habitat loss, and climate change. Since much of the region is difficult to access, satellite remote sensing offers a powerful tool to track changes in the Amazon." stated the organizers. The workshop aims to gather a wide audience of researchers in academia, industry, and related fields to leverage remote sensing images collected by multiple sensors for positive environmental impact.
The Chinese company won honors in two tracks of the MultiEarth 2022 competition, including the "matrix completion" and "multimodal image translation", providing a new perspective for long-term monitoring of rainforest changes, and helping resolve frequently encountered "headaches" in optical satellite image acquisition due to dense cloud coverage.
Conference on Computer Vision and Pattern Recognition (CVPR), widely recognized as the world's best known AI competition, is a technical event hosted by the Institute of Electrical and Electronics Engineers (IEEE) on yearly basis. Previous winners of championships include tech giants of Google, Alibaba and top research organizations across the world.
Headquartered in Hangzhou, Eastern China, and specializing in AI-driven remote sensing satellites R&D and business intelligence services, the company is dedicated to integrating state-of-the-art AI technology with the on-going revolutionized space industry.
Dr. Yashu Kang, head of STAR.VISION's AI team, said that the company hopes to use space technology to "improve the earth from space", adding that "as a space company, it is our first time to participate in a top-tier international competition along with many great AI companies and respective players. Achieving such a result is encouraging, which strengthens our determination of improving the remote sensing satellite and its service with AI technology."
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SOURCE STAR.VISION AEROSPACE GROUP LIMITED | https://www.kxii.com/prnewswire/2022/06/29/chinese-space-company-wins-top-intl-ai-competition/ | 2022-06-29T04:40:14Z |
Strong Revenue growth guidance of 13%-15% and operating margin guidance of 21%-23% for FY23
BENGALURU, India, April 13, 2022 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $16.3 billion in revenues with the highest annual growth in the last decade of 19.7% in constant currency with a robust operating margin of 23.0%. Growth was broad-based, supported by continued momentum in large deal wins with TCV of $9.5 billion. EPS grew by 15.2% in rupee terms. FCF crossed $3 billion for the year.
Q4 sequential growth was 1.2% in constant currency with operating margin of 21.5%. TCV of large deal wins was $2.3 billion in Q4.
"Infosys delivered highest annual growth in a decade with broad-based performance driven by deeply differentiated digital and Infosys Cobalt led cloud capabilities, powered by 'One Infosys' approach. We continue to gain market share as a result of sustained clients' confidence in our ability to successfully navigate their digital journeys," said Salil Parekh CEO and MD. "With the acceleration of digital disruptions across industries, we see immense potential to engage and partner with clients as they transform, adapt and thrive. We will scale talent globally, invest in employees and accelerate innovation and digital capabilities to capitalize on the expanding market opportunities," he added.
Guidance for FY23:
- Revenue growth of 13%-15% in constant currency
- Operating margin of 21%-23%
- Key financial highlights:
"In a year marked by intense supply side challenges, Infosys delivered strong financial performance – EPS growth of 15.2%, Free Cash Flows surpassing $3 billion and Return on Equity of 29.1%, reflecting the company's success, driven by client-centricity and rich capabilities. The Board has proposed a final dividend of ₹16 per share, taking the total dividend for FY22 to ₹31 per share, an increase of 14.8% over prior year," said Nilanjan Roy, Chief Financial Officer. "With a robust demand environment ahead, we envisage making appropriate long-term investments in capability building across sales, delivery and innovation. However, we plan to neutralize some of the impact through aggressive cost optimization programs and value led pricing driven by service and brand differentiation. This, along with post-pandemic normalization of expenses, is reflected in the margin guidance," he added.
2. Capital allocation
For FY22, the Board has recommended a final dividend of ₹16 per share ($0.21 per ADS*). Together with the interim dividend of ₹15 per share already paid, the total dividend per share for FY22 will amount to ₹31 (app. $0.41 per ADS*) which is a 14.8% increase over FY21. With this, the company has announced total dividend of approx. ₹13,000 crore (approx. $1.74 billion*) for FY22.
*USD-INR rate of 75.00
3. Client wins & Testimonials
- Infosys launched Infosys Metaverse Foundry, an integral part of Infosys Living Labs to accelerate enterprises' ability to evolve and execute strategies for virtual-physical interconnections. Daniel Schumacher, Head of Global IT Applications and Digital Innovation, Komatsu, said, "Our strategic foresight and transformation roadmap point to the rapid acceleration of digital ecosystems, and we are looking to bring its value to all facets of our business – both as we know them today and to what we can create for the future. We are excited to partner with Infosys metaverse foundry to uncover the most significant investment we must make in the virtual world and plant seeds today that are most likely to bear fruit for our future."
- Infosys collaborated with E.ON for its Digital Workplace Transformation across multiple services. "We were looking for an innovative and future oriented partner for our entire workplace transformation journey. We are delighted to have Infosys as E.ON's digital workplace partner, supporting 75K+ users across 12 countries for all their workplace needs. This collaboration cuts across services that include IT Service Desk, End User Devices, Unified Communication and Collaboration and IT Service Management. Infosys is also engaging with E.ON for multiple other initiatives as our strategic transformation partner. We are confident that this collaboration will be a great enabler in our ongoing digital transformation journey," said, David Benkelberg, Head of User Services, E.ON.
- Infosys collaborated with Telenor Norway to transform its finance and supply chain operations through standardized, Oracle Cloud ERP solution. Terje Borge, CFO, Telenor Norway, said, "Telenor Norway needs to continuously raise the bar in its operational performance to serve as the trusted digital partner for its consumer and enterprise customers. IT as a business enabler plays a critical role in this objective. The ERP transformation program is one of the steps in making Telenor agile and efficient."
- Infosys Finacle enabled WhatsApp Baking for Union Bank of India. The new service, called Union Virtual Connect (UVConn), will provide customers personalized and daily banking services. Shri Rajkiran Rai G, Managing Director & CEO, Union Bank of India, said, "It has always been our endeavor to build lasting relationships with customers by offering simple, fast, and contextual banking solutions and experiences with improved convenience. In line with this vision, we have introduced this service on WhatsApp, one of the most popular instant messaging applications in the world. Our retail customers can execute a host of their banking requirements on their own, without visiting a branch, instantaneously and securely. With Finacle Conversational Banking and Remote Banker we can now tap into the growing prominence of social media in everyday life. We expect this simple and convenient form of banking to add immense convenience to our customers and hope to see its rapid adoption in the months to come."
- Nu Skin, a leading health, beauty and wellness company with businesses in over 50 countries, collaborated with Infosys to achieve their vision of becoming a next generation social commerce enterprise. Ryan Napierski, President and CEO, Nu Skin said, "At Nu Skin, we are delighted to partner with Infosys for our transformation into a next-gen social commerce enterprise. Key to this is our collaborative work to provide personalized and engaging consumer journeys to build customer loyalty and help fuel our future growth."
4. Recognitions
- Recognized as one of the 2022 World's Most Ethical Companies by Ethisphere
- Recognized as the fastest-growing IT services brand by Brand Finance, the world's leading brand valuation firm, in its Global 500, 2022 report
- Awarded Global Top Employer 2022 certification in 22 countries across Asia Pacific, Europe, the Middle East, and North America in recognition of its outstanding strategies and people practices
- Received Brandon Hall Group's Organizational Excellence Certification for demonstrating best-in-class talent acquisition strategy and human capital management practices
- Certified as a Great Place to Work® for excellence in its employment practices in Canada for 2022
- Ranked #1 among top 100 listed companies in India for receiving the highest score on ESG by Stakeholders Empowerment Services (SES)
- Received LEED Platinum certification from US Green Building Council for 4 buildings, situated in Indianapolis, Bengaluru, Mysuru and Thiruvananthapuram, with a total area of 2.15 million sq.ft.
- Ranked #2 in Everest Group PEAK Matrix® IT Service Provider of the Year
- Positioned as a leader in Gartner Magic Quadrant for Data and Analytics Service Providers
- Infosys Finacle positioned as a leader in Gartner Magic Quadrant for Global Retail Core Banking for Finacle Core Banking Solution
- Ranked as a leader in Everest Cloud Services PEAK Matrix® Assessment 2022 – North America
- Rated as a leader in HFS Top 10 Digital Associates Services 2022
- Positioned as a Leader in 'Banking Digital Services' ISG Provider Lens™ Study for U.S., UK and Nordics regions
- Ranked as a leader in Everest Cloud Services PEAK Matrix® Assessment 2022 – Europe
- Positioned as a leader in NelsonHall Quality Engineering NEAT 2022
- Ranked as a leader in HFS Top 10 Energy Transition Services Top 10 Snapshot, 2022
- Rated as a leader in Avasant's Healthcare Payor Digital Services 2022-2023 RadarView™
- Positioned as a Leader in 'Mainframes Services and Solutions'2022 ISG Provider Lens™
- Positioned as a leader in PAC RADAR SAP Services in Germany 2021
- Rated as a leader in Avasant's Multisourcing Service Integration 2021-2022 RadarView™
- Rated as a leader in Everest Digital Product Engineering Services PEAK Matrix® Assessment 2022
- Positioned as a leader in HFS Top 10 Application Modernization Services, 2022
- Positioned as a leader in Everest Oracle Cloud Applications (OCA) Services PEAK Matrix® Assessment 2022
- Rated as a leader in NelsonHall Digital Banking Services NEAT 2022
- Positioned as a leader in HFS Utilities Services Top 10, 2022
- Rated as a leader in Everest Advanced Analytics and Insights (AA&I) Services PEAK Matrix® Assessment 2022
- Rated as a leader in HFS Top 10 Retail and CPG Services, 2022
- Positioned as a Leader in 'Healthcare Digital Services' ISG Provider Lens™ Study for U.S. region
- Infosys Finacle positioned as a Leader by Everest Group in the Consumer Loan Origination System Products Peak Matrix Assessment 2022 report
- Infosys Finacle was a winner at the Finnovex Awards Qatar 2022 under the 'Excellence in Payments' category for its Finacle Payments Suite
About Infosys
Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE: INFY (NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
"Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law."
NOTES:
- The above information is extracted from the audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the quarter and year ended March 31,2022 which have been taken on record at the Board meeting held on April 13, 2022.
- A Fact Sheet providing the operating metrics of the Company can be downloaded from www.infosys.com.
- Other Income includes Finance Cost.
IFRS-INR Press Release: https://www.infosys.com/investors/reports-filings/quarterly-results/2021-2022/q4/documents/ifrs-inr-press-release.pdf
Fact sheet: https://www.infosys.com/investors/reports-filings/quarterly-results/2021-2022/q4/documents/fact-sheet.pdf
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SOURCE Infosys | https://www.kxii.com/prnewswire/2022/04/13/differentiated-cloud-services-large-deal-momentum-drive-infosys-highest-annual-growth-decade/ | 2022-04-13T13:59:08Z |
BRISTOL, Tenn. (AP) — Kyle Busch backed into the record book by stealing a win at dirt-covered Bristol Motor Speedway.
That’s what he’d say if it had been anyone else, right?
Busch won his first race of the season Sunday night by sliding past the leaders as Tyler Reddick and Chase Briscoe spun racing for the win. Busch tied Hall of Famer Richard Petty’s NASCAR record for victories in consecutive years at 18.
But his tune was far different at Bristol than it was six weeks ago when Alex Bowman won at Las Vegas and an irate Busch complained that Bowman is “the same (expletive) guy who backs into every (expletive) win that he ever (expletive) gets.”
When it was Busch’s turn to inherit a win, he had no problem collecting the checkered flag.
“We got one, you know?” Busch said. “It doesn’t matter how you get them, it’s all about getting them.”
Later, he acknowledged that he did “back into one” but said it felt good.
Reddick was chasing the first Cup win of his career, led 99 of the 250 laps, and controlled the race from the final restart with 24 laps remaining. Lapped traffic gave Briscoe a shot and Briscoe made his move in the third turn as he tried to slide inside past Reddick.
The move backfired and both cars spun out of control and Busch, who was running third, simply skirted through for his first win.
Busch won for the ninth time in Cup at Bristol — first time in two dirt races — and was booed by the smattering of fans who waited out two rain delays that pushed the first race on Easter Sunday since 1989 to nearly four hours.
“I mean, man, I feel like Dale Earnhardt Sr. right now. This is awesome. I didn’t do anything,” Busch said of the 1999 race in which Earnhardt was booed for bumping Terry Labonte out of the way for the win.
Reddick finished second and faulted himself for not holding off Briscoe. Briscoe went from two turns away from the win to 22nd and immediately found Reddick on pit road to apologize.
“I was going to spin out, I think, either way,” Briscoe said. “I’m sorry. I just wanted to let you know. I am sorry. I wish you would have won.”
Reddick was understanding and admitted he should have been more defensive.
“I don’t think I did everything right. Briscoe was able to run me back down there,” Reddick said. “I should have done a little bit better job of just, I don’t know, I shouldn’t have let him get that close. He ran me back down. Worked really hard to do that.
“I mean, you’re racing on dirt, going for the move on the final corner. It’s everything that as a driver you hope to battle for in his situation. Made it really exciting for the fans. I should have done a better job and pulled away so he wasn’t in range to try to make that move.”
Rain had stopped the race for a second time moments before the race was supposed to go green with 30 laps remaining.
“It’s slimy,” Busch, who was running second as the rain slicked the track, said of the conditions.
From inside his cockpit, Reddick knew he had his work cut out for him if he was to win.
“One of the best in stock car racing, Kyle Busch, he’s definitely going to make me earn it,” Reddick said from inside his Chevrolet.
But Briscoe got past Busch when the rain finally stopped and it was Briscoe who wrecked Reddick’s trip to victory lane.
The race was NASCAR’s second attempt at running a Cup race on dirt and it turned into a wet and muddy mystery when rain paused the racing and most of the drivers seemed clueless about the rules.
Bristol dumped more than 2,300 truckloads of Tennessee red clay onto its beloved concrete 0.533-mile bullring to help NASCAR add variety to the schedule at a time the stock car series is experimenting with radical changes. Fox Sports then convinced NASCAR to take the prime-time television slot on Easter Sunday, the first time since NASCAR’s 1949 inception the Cup Series deliberately chose the date.
NASCAR had held 10 previous Cup races on Easter Sunday in its history, but all because of weather-related rescheduling. This purposeful event was designed to dominate a television audience gathered together as a family the same way the NFL and NBA do on Thanksgiving and Christmas.
What the new audience saw was a mid-race mass of confusion because few drivers seemed to understand the rules during the first stoppage. Some drivers pitted — presumably because their teams knew scoring was halted under the red flag and wouldn’t resume until the race went green.
Busch was among many drivers who did not pit — perhaps because they assumed they’d move up in the running order. So it was Busch who had his car out front when NASCAR halted all activity, but Briscoe, who had pitted, was scored as the leader.
Denny Hamlin, who had already been eliminated from the race, was watching on Fox Sports and saw what he claimed was a rules explanation that lasted longer than a minute.
“What’s wrong with this picture,” Hamlin wrote on Twitter. “As a fan sitting on my ass right now watching, it’s hard to take this seriously.”
Carson Hocevar, the runner-up in Saturday night’s Truck Series race, posted a meme th at intimated NASCAR was making up the rules as it went along.In actuality, NASCAR was clear in its pre-race rules video that scoring would be stopped at the end of the stage and not resume until the race went green again.
The confusion up and down pit road indicated few had a clear grasp of the procedures, which at Bristol differed from all other Cup races. NASCAR held a mandatory pre-race driver meeting prior to the pandemic in which rules were discussed; it has since been replaced by a video.
The race did resume — with Briscoe as the leader — with the entire third stage still remaining.
DALE JR. TO THE FOX BOOTH
NASCAR Hall of Famer and NBC Sports analyst Dale Earnhardt Jr. will be in the rotating guest in the Fox Sports booth next Sunday at Talladega Superspeedway.
Earnhardt will join Mike Joy and Clint Bowyer on Sunday. He has a record His record six wins at Talladega and is the 15-time winner of NASCAR’s Most Popular Driver award.
“Calling a race from Talladega is an incredibly fun experience,” Earnhardt said in a statement issued by Fox Sports. “You absolutely have to be on your toes at all times. It doesn’t take much for all hell to break loose.”
Fox Sports and NBC Sports split NASCAR’s 38-race schedule. Neither network had an explanation for the sharing next week of Earnhardt. Fox Sports all season has used a different guest analyst as the replacement for Jeff Gordon, who returned to a competition role at Hendrick Motorsports this season and left the network with a two-man booth.
UP NEXT
NASCAR races next Sunday at Talladega Superspeedway in Alabama, where Brad Keselowski is he defending race winner and Bubba Wallace in October earned his first career victory.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/rain-muddies-dirt-covered-bristol-amid-rules-confusion/ | 2022-04-18T20:28:32Z |
SEOUL, South Korea, Sept. 2, 2022 /PRNewswire/ -- The beauty biomedical group 'Ultra V' (CEO Dr. Han Jin Kwon) has been attracting global attention about its development 'ULTRACOL' exported to more 58 countries including not only Asia, South America and Middle East, but also Europe. As the Korean wave is booming, Ultra V is writing a new history of the K-beauty industry by increasing its competitiveness as a global beauty brand with its high quality product portfolio.
The world's first certified PDO(Polydioxanone) filler 'ULTRACOL' was at the centre when Ultra V has been writing a new history of the K-beauty industry.
ULTRACOL contains PDO that is registered at FDA, has a lifting effect on skin and improves elasticity by stimulating the skin to generate collagen to itself. Its exclusive patent technique had been recognized in Korea, it was awarded a prize 'IR52 Jang Yeong Sil Prize' as the first among the polymer fillers from the Korean government. Furthermore, its effect, biodegradability and safety have been verified from the Korean ministry of Food and Drugs Safety(KFDA) and Europe CE certification, thus there have been persistent requests from global buyers about its sole distribution, therefore Ultra V has achieved the best outcome from internal and external markets.
Dr Kwon, Ultra V CEO, revealed that "Ultra V is currently looking for a sole distributor of ULTRACOL." and said "Since the competitiveness of ULTRACOL has already been recognized well domestically by making a domestic sole distribution contract, the success in overseas can be convinced for sure, thus we are going to extend distribution network as well as the export volume.".
Meanwhile, known as the pioneer of K-beauty by receiving attention from the world, Dr. Kwon trains his medical knowledge, advanced surgical techniques and procedure to doctors by participating annually in 120 conferences and seminars on average, exerting massive influence about informing K-beauty trends.
The pioneer of K-beauty, Dr. Kwon said "We are going to achieve innovation and efficiency to be suitable for the status of K-beauty. Ultra V is expected to reach its goal soon, and it will make innovations that have never existed before with consistent growth, and will survive from the global competitions by achieving competitiveness."
About Ultrav
http://www.ultrav.co.kr
Media Contact
info@ultrav.co.kr
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SOURCE ULTRA V | https://www.wibw.com/prnewswire/2022/09/02/ultra-v-ultracol-is-writing-new-history-k-beauty-industry-receiving-attention-world/ | 2022-09-02T12:33:10Z |
Planning for National Night Out 2022 well underway
TOPEKA, Kan. (WIBW) - Planning for National Night Out 2022 is well underway as neighborhood leaders from around the Capital City and surrounding areas are invited to attend a planning meeting.
Safe Streets says on Friday, June 10, planning for National Night Out 2022 is now underway. It said neighborhood groups from Topeka and Shawnee Co. interested in participating in the annual event have been invited to attend the planning meeting at 6:30 p.m. on Thursday, June 16, in Room 101AB at the Topeka and Shawnee Co. Public Library, 1515 SW 10th Ave.
Safe Streets noted that National Night Out will be held on Saturday, Aug. 6, and neighborhoods in Topeka and Shawnee Co. are encouraged to host individual events.
In 2021, the organization said 45 neighborhoods participated in the event. It said the planning meeting will offer suggestions, resources, and ideas for neighborhood organizers.
Also in 2021, Safe Streets indicated Topeka and Shawnee Co. were ranked 4th in the nation for areas with a population between 100,000 to 300,000.
The organization noted that National Night Out in Topeka and Shawnee Co. is coordinated through Safe Streets in partnership with the Topeka Police Department, Shawnee Co. Sheriff’s Office and Shawnee Co. District Attorney’s Office.
“National Night Out is a great opportunity for neighbors to get to know one another or, in some cases, reconnect with neighbors you don’t see regularly,” said Judy Wilson, Safe Streets National Night Out Program Coordinator. “A good neighbor is one of the best crime prevention tools you will find.”
Nationwide, Safe Streets said more than 38.3 million people are expected to participate in the 2022 National Night Out.
For questions about neighborhood planning, email jwilson@parstopeka.org or call Safe Streets at 785-266-4606.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/10/planning-national-night-out-2022-well-underway/ | 2022-06-10T15:38:44Z |
Railroad crossing closure to create detour for drivers around Seneca
SENECA, Kan. (WIBW) - A railroad crossing closure could create a lengthy detour for drivers around Seneca over the weekend.
The Kansas Department of Transportation warns that the U.S. 36 railroad crossing will close for repairs starting at 7 a.m. on Aug. 12.
KDOT said Union Pacific Railroad will close the crossing near Baileyville in Nemaha Co. to replace the crossing between Friday and 7 p.m. on Saturday, Aug. 13.
KDOT noted that the roadway will be closed to all traffic at the railroad crossing. It said drivers will be able to follow the signed detour using K-99, K-9 and K-63 highways.
The Department has urged all drivers to be alert and obey warning signs when approaching and driving through a highway work zone.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/09/railroad-crossing-closure-create-detour-drivers-around-seneca/ | 2022-08-09T18:57:59Z |
Twenty-Sixth Consecutive Period of Record Revenue
TUCSON, Ariz., Aug. 9, 2022 /PRNewswire/ -- AudioEye, Inc. (NASDAQ: AEYE) (the "Company"), an industry-leading SaaS accessibility platform delivering website accessibility compliance to businesses of all sizes, reported financial results for the second quarter ended June 30, 2022.
"AudioEye delivered revenue at the high end of our guidance with 26% growth while also shrinking non-GAAP operating loss per share to ($0.02), with a GAAP loss per share of ($0.23)," said AudioEye CEO David Moradi. "A scalable platform coupled with human-assisted technology is the preferred solution for businesses to address accessibility in a cost effective and timely manner. We will continue investing in our platform and are excited to deliver further innovations to our product in the second half."
Second Quarter 2022 Financial Results
- Total revenue increased approximately 26% to a record $7.6M from $6.0M in the same prior year period. Both the Partner and Marketplace and Enterprise channels contributed to revenue growth.
- Annual Recurring Revenue (ARR) as of June 30, 2022, increased 19% to $28.7M from $24.1M as of June 30, 2021.
- Gross profit increased to a record $5.7M, or 75.7% of total revenue, from $4.5M, or 74.9% of total revenue, in the same prior year period. The increase in gross profit was primarily due to revenue growth and continued improvement in the automation of our product offerings.
- Total operating expenses increased 10% to $8.3M from $7.6M in the same prior year period. The increase in operating expenses was due primarily to general and administrative costs related to the addition of the Bureau of Internet Accessibility in March 2022 and non-recurring items.
- Net loss available to common stockholders was $2.6M, or $(0.23) per share, compared to $1.8M, or $(0.17) per share, in the same prior year period. The greater net loss was primarily due to a gain on loan forgiveness recognized in the second quarter of 2021. Excluding the non-recurring gain, net loss would have improved $0.5m from June 2021.
- Non-GAAP net loss in the quarter was $0.2M, or $(0.02) per share, compared to $0.6M, or $(0.06) per share, in the same prior year period. The non-GAAP net loss and EPS performance reflects adjustments primarily for non-cash stock-based compensation expense, depreciation and amortization expense and non-recurring items.
On June 30, 2022, the Company had $9.3M in cash compared to $12.0M on March 31, 2022. The cash change was in line with expectations and included $0.4 million for stock repurchase and $1.0m for payments on non-recurring items.
Other Updates
- In July, the Company formally announced two partnership deals with Celerant and Vendasta. These partners are the leaders in their respective industries and have the potential to generate significant revenue for AudioEye over the long term.
- On June 2, 2022, the Company announced a $3 million stock repurchase program. As of June 30, 2022, we have repurchased approximately $410,000 in shares under this program.
- As of June 30, 2022, AudioEye had approximately 76,000 customers, up from 75,000 customers on June 30, 2021. Customer count increased primarily due to continued expansion in the number of customers in the Partner and Marketplace channel. In Q1 2022, the customer count decreased due to re-negotiations with a digital agency upgrading from a basic tier to a more advanced offering. We are pleased to confirm that a new agreement has been signed with this agency in August 2022 and is expected to result in higher ARR and customer count over the next few quarters.
Financial Outlook
The Company expects revenue to equal between $7.65 and $7.85 million in the third quarter of 2022, representing 25% year-over-year growth at the midpoint.
Conference Call Information
AudioEye management will hold a conference call today, August 9, 2022, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss these results, followed by a question-and-answer period.
Date: Tuesday, August 9, 2022
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)
U.S. dial-in number: 844-826-3033
International number: 412-317-5185
Access code: 10169405
Please call the conference telephone number 5-10 minutes prior to the start time. If you have any difficulty connecting with the conference call, please contact MZ Group at 561-489-5315.
The conference call will also be webcast live and available for replay, which will be accessible via the investor relations section of the company's website. The audio recording will remain available via the investor relations section of the company's website for 90 days.
A telephonic replay of the conference call will also be available after 7:30 p.m. Eastern time on the same day through August 23, 2022.
Toll-free replay number: 844-512-2921
International replay number: 412-317-6671
Replay passcode: 10169405
About AudioEye
AudioEye is an industry-leading digital accessibility platform delivering ADA and WCAG compliance at scale. By combining easy-to-use technology and subject matter expertise, AudioEye helps companies and content creators solve every aspect of web accessibility—from finding and resolving issues to navigating legal compliance, to ongoing monitoring and upkeep. Trusted by the FCC, ADP, Samsung, Tommy Hilfiger, and others, AudioEye delivers automated remediations and continuous monitoring for accessibility issues without making fundamental changes to website architecture, source code, or browser-based tools. Join us on our mission to eradicate barriers to digital access, visit www.audioeye.com.
Forward-Looking Statements
Any statements in this press release or regarding the stock repurchase program about AudioEye's expectations, beliefs, plans, objectives, prospects, financial condition, assumptions or future events or performance are not historical facts and are "forward-looking statements" as that term is defined under the federal securities laws. Forward-looking statements are often, but not always, made through the use of words or phrases such as "believe", "anticipate", "should", "confident", "intend", "plan", "will", "expects", "estimates", "projects", "positioned", "strategy", "outlook" and similar words. You should read the statements that contain these types of words carefully. Such forward-looking statements contained herein include, but are not limited to, statements regarding the source of funds to be used to repurchase any shares under the program, future cash flows of the Company, anticipated contributions from new sales channels, long-term growth prospects, opportunities in the digital accessibility industry, our revenue and ARR guidance, and our expectation of investments in marketing and sales. These statements are subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from what is expressed or implied in such forward-looking statements, including the variability of AudioEye's revenue and financial performance; risks associated with our new platform, sales channels and offerings; product development and technological changes; the acceptance of AudioEye's products in the marketplace by existing and potential future customers; competition; inherent uncertainties and costs associated with litigation; general economic conditions; and uncertainties regarding the impact on our business and the overall economy from the coronavirus (COVID-19) outbreak. These and other risks are described more fully in AudioEye's filings with the Securities and Exchange Commission. There may be events in the future that AudioEye is not able to predict accurately or over which AudioEye has no control. Forward-looking statements reflect management's view as of the date of this press release, and AudioEye urges you not to place undue reliance on these forward-looking statements. AudioEye does not undertake any obligation to update such forward-looking statements to reflect events or uncertainties.
About Key Operating Metrics
We consider annual recurring revenue ("ARR") as a key operating metric and a key indicator of our overall business. We also use ARR as (i) one of the primary methods for planning and forecasting overall expectations and for evaluating, on at least a quarterly and annual basis, actual results against such expectations; and (ii) as a performance metric for certain executive stock-based compensation awards.
We manage customers through two primary channels, Enterprise and Partner and Marketplace. Enterprise channel consists of our larger customers and organizations, including those with non-platform custom websites, who generally engage directly with AudioEye sales personnel for custom pricing and solutions. This channel also includes federal, state and local government agencies. The Partner and Marketplace channel consists of our CMS partners, platform & agency partners, authorized resellers and our marketplace. This channel serves small and medium sized businesses who are on a partner or reseller's web-hosting platform or who purchase an AudioEye solution from our marketplace.
We define ARR as the sum of (i) for our Enterprise channel, the total of the average annual recurring fee amount under each active paid contract at the date of determination, plus (ii) for our Partner and Marketplace channel, the recognized monthly fee amount for all paying customers at the date of determination, in each case, assuming no changes to the subscription, multiplied by 12 months. This determination includes both annual and monthly contracts for recurring products. Some of our contracts are cancelable, which may impact future ARR. ARR excludes revenue from our PDF remediation services business, Mobile App report business and other report delivery services.
Use of Non-GAAP Financial Measures
From time to time, we review adjusted financial measures that assist us in comparing our operating performance consistently over time, as such measures remove the impact of certain items, as applicable, such as our capital structure (primarily interest charges), items outside the control of the management team (taxes), and expenses that do not relate to our core operations, including transaction-related expenses and other costs that are expected to be non-recurring. In order to provide investors with greater insight, and allow for a more comprehensive understanding of the information used in our financial and operational decision-making, the Company has supplemented the Financial Statements presented on a GAAP basis in this press release with the following non-GAAP financial measures: Non-GAAP earnings (loss) and Non-GAAP earnings (loss) per diluted share.
These non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of Company results as reported under GAAP. The Company compensates for such limitations by relying primarily on our GAAP results and using non-GAAP financial measures only as supplemental data. We also provide a reconciliation of non-GAAP to GAAP measures used. Investors are encouraged to carefully review this reconciliation. In addition, because these non-GAAP measures are not measures of financial performance under GAAP and are susceptible to varying calculations, these measures, as defined by us, may differ from and may not be comparable to similarly titled measures used by other companies.
We define: (i) Non-GAAP earnings (loss) as net income (loss), plus interest expense, plus depreciation and amortization expense, plus stock-based compensation expense, plus non-cash valuation adjustment to contingent consideration, plus certain litigation expense, plus certain acquisition expense, plus loss on impairment of long-lived assets, plus loss on disposal of property and equipment, and less gain on loan forgiveness; and (ii) Non-GAAP earnings (loss) per diluted share as net income (loss) per diluted common share, plus interest expense, plus depreciation and amortization expense, plus stock-based compensation expense, plus non-cash valuation adjustment to contingent consideration, plus certain litigation expense, plus certain acquisition expense, plus loss on impairment of long-lived assets, plus loss on disposal of property and equipment, and less gain on loan forgiveness, each on a per share basis. Non-GAAP earnings per diluted share would include incremental shares in the share count that are considered anti-dilutive in a GAAP net loss position. However, no incremental shares apply when there is a Non-GAAP loss per diluted share, as is the case for the periods presented in this press release.
Non-GAAP earnings (loss) and Non-GAAP earnings (loss) per diluted share are used to facilitate a comparison of our operating performance on a consistent basis from period to period and provide for a more complete understanding of factors and trends affecting our business than GAAP measures alone. All of the items adjusted in the Non-GAAP earnings (loss) to net loss and the related per share calculations are either recurring non-cash items, or items that management does not consider in assessing our on-going operating performance. In the case of the non-cash items, such as stock-based compensation expense and valuation adjustments to assets and liabilities, management believes that investors may find it useful to assess our comparative operating performance because the measures without such items are expected to be less susceptible to variances in actual performance resulting from expenses that do not relate to our core operations and are more reflective of other factors that affect operating performance. In the case of items that do not relate to our core operations, management believes that investors may find it useful to assess our operating performance if the measures are presented without these items because their financial impact does not reflect ongoing operating performance.
Non-GAAP earnings (loss) is not a measure of liquidity under GAAP, or otherwise, and is not an alternative to cash flow from continuing operating activities, despite the advantages regarding the use and analysis of these measures as mentioned above. Non-GAAP earnings (loss) and Non-GAAP earnings (loss) per diluted share, as disclosed in this press release, have limitations as analytical tools, and you should not consider these measures in isolation or as a substitute for analysis of our results as reported under GAAP; nor are these measures intended to be measures of liquidity or free cash flow for our discretionary use.
To properly and prudently evaluate our business, we encourage readers to review the GAAP financial statements included in this press release, and not rely on any single financial measure to evaluate our business. The following table sets forth reconciliations of Non-GAAP loss to net loss, the most directly comparable GAAP-based measure, as well as Non-GAAP loss per diluted share to net loss per diluted share, the most directly comparable GAAP-based measure, are included in this press release. We strongly urge readers to review these reconciliations, along with the consolidated financial statements included in this press release.
Investor Contact:
Brian M. Prenoveau, CFA
AEYE@mzgroup.us
(561) 374-0177
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SOURCE AudioEye, Inc. | https://www.wibw.com/prnewswire/2022/08/09/audioeye-reports-record-second-quarter-2022-results/ | 2022-08-09T20:26:34Z |
New data aligns with intersection of Mental Health Awareness Month and Arthritis Awareness Month
ATLANTA, May 17, 2022 /PRNewswire/ -- Today the Arthritis Foundation released new findings from patient-reported data that show a significant connection between a patient feeling emotionally supported and their arthritis symptoms. Analysis completed by the Center for Program Design and Evaluation (CPDE) at Dartmouth College using data from nearly 27,000 patient responses (collected from 2019 to 2022) to the Arthritis Foundation's ongoing Live Yes! INSIGHTS study reveals:
- Patients who have someone to talk to or connect with are twice as likely to experience higher levels of physical functioning than those who may feel alone or isolated
- Patients who have someone to talk to or connect with report pain levels 16% lower than those who may feel alone or isolated
Experience the interactive Multimedia News Release here: https://www.multivu.com/players/English/9049151-arthritis-foundation-new-data-mental-health-arthritis-impact/
What this means for the nearly 60 million Americans diagnosed with arthritis
The pervasiveness of arthritis pain has been known to impact a patient's mental health, with 58% of adults with arthritis experiencing depressive symptoms that are outside of the general population norm1. These latest data points indicate a link between the value of connection and a patient's pain — giving hope to arthritis patients of all ages and walks of life, said Steven Taylor, President and CEO of the Arthritis Foundation.
"There's long been a stigma associated with asking for help — and we hope to combat that by educating people about these new findings," said Taylor. "We want patients to know that support is out there, whether it's through the Arthritis Foundation or simply finding someone to talk to about what they're going through. It can really make a difference."
Understanding the difference between mental health and emotional wellbeing
Dr. Natalie Dattilo, clinical health psychologist at Brigham & Women's Hospital and instructor of psychiatry at Harvard Medical School, said one way to fight that stigma is to understand that mental health is not just defined as the absence of a psychological diagnosis — it's about maintaining a state of wellbeing.
"When we take note of all of the factors that can impose on our physical and emotional health, we can take steps to better manage our responses to stress," said Dattilo, who is also co-chair of the Arthritis Foundation's Integrative & Mental Health Expert Panel. "After these past two-plus years where so many felt isolated, it's important to know the value of what connecting with others can mean for our wellbeing."
The Arthritis Foundation recommends steps you can take to manage your mental health with arthritis
- Speak up. Share your feelings with your health care provider or caregiver.
- Find a support group or speak with a mental health professional.
- Prioritize self-care. Choose activities and people that lift your mood.
- Get adequate sleep of at least 7-8 hours nightly.
- Spend time outdoors. A walk around the block or spending time in nature can boost your mood.
- Move regularly. Physical activity can improve your mood and help with pain management.
More resources are available at arthritis.org.
Newsrooms:
Downloadable interview, b-roll, script and more here.
About the Arthritis Foundation:
The Arthritis Foundation is fighting for all people who live with arthritis. As a Champion of Yes, it's the Arthritis Foundation's mission to turn the obstacles arthritis causes into opportunities. The Arthritis Foundation champions life-changing solutions and medical advancements, and it also provides ways for people to connect, break down barriers in health care and join the fight for a cure — uniting hearts, minds and resources to change the future of arthritis. To join the fight to cure arthritis, visit arthritis.org.
1 Arthritis Foundation. May 2021 INSIGHTS Report | How It Hurts. Available at: www.arthritis.org/liveyes/insights/how-it-hurts
CONTACT:
Margo Fischgrund
412-414-9960
Margo@MindfulKreative.com
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SOURCE The Arthritis Foundation | https://www.wibw.com/prnewswire/2022/05/17/new-data-reveals-link-between-mental-health-arthritis-impact/ | 2022-05-17T12:07:29Z |
PITTSBURGH, Aug. 15, 2022 /PRNewswire/ -- "I wanted to create a more enjoyable pacifier and teething ring option to soothe and distract fussy babies," said an inventor, from Charlotte, N.C., "so I invented the YUMMIE GUMMIES. My design enables a baby to safely enjoy different flavors at an earlier age."
The invention provides an improved line of pacifiers and teething rings for babies. In doing so, it offers an alternative to traditional or neutral-flavored pacifiers and teethers. As a result, it could make sucking or chewing on a pacifier/teething ring more enjoyable and it could help to soothe a baby. The invention features a unique design that is easy to use so it is ideal for parents with babies and toddlers. Additionally, it is producible in design variations.
The original design was submitted to the Charlotte sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CNC-725, 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.mysuncoast.com/prnewswire/2022/08/15/inventhelp-inventor-develops-improved-line-pacifiers-teething-rings-cnc-725/ | 2022-08-15T15:55:54Z |
Florida gas prices continue to slide
TAMPA, Fla. (WWSB) - Florida gas prices dropped 15 cents per gallon last week. The state average has now declined for four consecutive weeks, falling a total of 47 cents during that time.
“Floridians are getting some welcome relief from record high prices at the pump,” said Mark Jenkins, spokesman for AAA - The Auto Club Group.
Jenkins says the falling prices are being caused by falling oil and gasoline futures prices, but there are concerns about global fuel supplies.
Drivers are now paying an average price of $4.42 per gallon, though Florida residents in some regions are paying less than $4.20.
On average, it now costs $66 to fill a 15-gallon tank. That’s $7 less than when prices were at record-levels in mid-June.
Regional Prices
- Most expensive metro markets – West Palm Beach-Boca Raton ($4.63), Naples ($4.59), Fort Lauderdale ($4.52)
- Least expensive metro markets – Crestview-Fort Walton Beach ($4.25), Panama City ($4.30), Melbourne-Titusville ($4.30)
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/11/florida-gas-prices-continue-slide/ | 2022-07-11T11:16:31Z |
AUSTIN, Texas, Aug. 11, 2022 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the second quarter ended June 30, 2022 on Monday, August 15, 2022 at 8:00 a.m. ET.
Management will host a conference call on Monday, August 15 at 8:30 a.m. ET to discuss the results. The live conference call can be accessed by dialing (866) 605-1828 from the U.S. or internationally. The conference I.D. code is 13732332.
We offer a wide variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. We have created a business model derived from our founding as a digitally native-first vertical brand. We focus on owning the customer's "closet share" by leveraging their data and purchase history to create personalized targeted content and looks for that specific customer cohort.
Digital Brands Group, Inc. Company Contact
Hil Davis, CEO
Email: invest@digitalbrandsgroup.co
Phone: (800) 593-1047
Related Links
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SOURCE Digital Brands Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/11/digital-brands-group-report-second-quarter-2022-financial-results-monday-august-15-2022/ | 2022-08-12T00:54:56Z |
SHENZHEN, China, Aug. 4, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("METX" or the "Company") (Nasdaq: METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today announced that it has entered into a definitive agreement with two institutional investors for the purchase and sale of 1,260,000 ordinary shares and pre-funded warrants to purchase up to 7,983,811 ordinary shares at a purchase price of $0.70 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for shares, less the exercise price of $0.001 per share.
In a concurrent private placement, the Company also agreed to issue to the same investors units to purchase pre-funded warrants to purchase up to 1,470,475 ordinary shares and common warrants to purchase 21,428,572 ordinary shares at an exercise price of $0.70 per share. The purchase price for each unit will be $0.70, with an exercise price per pre-funded warrant of $0.001 per share. The warrants will have a 5-year term from the date of issuance. The aggregate gross proceeds to the Company of both transactions are expected to be approximately $7.5 million. The transactions are expected to close on or about August 8, 2022, subject to the satisfaction of customary closing conditions.
Aegis Capital Corp. is acting as the Exclusive Placement Agent.
The registered direct offering is being made pursuant to an effective shelf registration statement on Form F-3 (No. 333-256087) previously filed with the U.S. Securities and Exchange Commission (the "SEC") and declared effective by the SEC on May 21, 2021. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate@aegiscap.com, or by telephone at (212) 813-1010.
The offer and sale of the securities in the private placement are being made in a transaction not involving a public offering and have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws. Accordingly, the securities may not be reoffered or resold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. The securities were offered only to accredited investors. Pursuant to a registration rights agreement with the investor, the Company has agreed to file one or more registration statements with the SEC covering the resale of the ordinary shares and the shares issuable upon exercise of the pre-funded warrants and warrants.
Before investing in this offering, interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Meten Holding Group Ltd.
Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services. In addition to its training services, Meten Holding Group actively develops metaverse, blockchain and cryptocurrency mining businesses to align with its future business development strategy. Meten Holding Group is committed to developing blockchain related businesses in North America, including cryptocurrency mining, mining farm construction, and mining pool and data center operation. Meten Holding Group actively explores metaverse business, such as Metaverse vocational education courses, with its competitive advantages and technology.
For more information, please visit: https://investor.metenedu-edtechx.com.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including the closing of the Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For investor and media inquiries, please contact:
Ascent Investor Relations LLC
Tina Xiao
+1 917-609-0333
tina.xiao@ascent-ir.com
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SOURCE Meten Holding Group Ltd. | https://www.kxii.com/prnewswire/2022/08/04/meten-holding-group-ltd-announces-75-million-registered-direct-private-placement/ | 2022-08-04T14:11:36Z |
Study: Record number of road rage shootings happening in U.S., peaking during pandemic
(CNN) - A recent study found road rage shootings are on the rise in the U.S.
Everytown for Gun Safety and Support Fund, a gun-control advocacy group, found 44 people a month were killed or injured in road rage shootings last year, double the average reported in 2019.
And over the last three years, the numbers have increased, according to the advocacy group.
Overall, 728 road rage shootings happened in 2021, the highest number in the six years the group said it has recorded such incidents. And it amounts to someone getting injured or killed every 17 hours.
The group said it doesn’t know what’s causing the increase in road rage shootings, but the pandemic and its effects have brought all kinds of new stressors into people’s lives and worsened existing ones.
The study reports it gathered information from the gun violence archives database, a nonprofit database that gathers and verifies data from law enforcement and government, along with other sources.
Copyright 2022 via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/04/05/study-record-number-road-rage-shootings-happening-us-peaking-during-pandemic/ | 2022-04-05T19:46:06Z |
MIDDLETOWN, Pa. (WHTM) — A Pennsylvania school has canceled its 2022 football season due to widespread hazing among its football team.
According to a letter from Middletown Area School District Superintendent Chelton Hunter, the school district recently obtained video from a hazing incident involving students in a heat acclimation room. That video came on the heels of an investigation already underway due to a separate hazing incident.
“Unfortunately, this video demonstrates that this hazing was much more widespread, and involved many more students than we had previously known,” Hunter said in the statement.
The original video from August 11th showed students pinning down two players and poking them in the buttocks with two different objects on school property during a team practice.
The school has shared the video of the additional incident with law enforcement officials and will continue its own investigation as well. The students who have participated in the incident will be disciplined in accordance with the student code of conduct and hazing policy, according to the school district.
Hunter’s statement also explains that any staff member who was found to have ignored the hazing will also face discipline.
“The kind of hazing that occurred in our facilities with this team is reprehensible. It simply cannot and will not be tolerated,” Hunter said. “We know we must work to address the culture of this team, educate our student body about hazing, and put programs in place to help us ensure that this kind of atmosphere is never allowed to exist in our school facilities.”
Middletown Area School District says it will work to find other opportunities this fall for the cheerleading team and marching band, who are both impacted by this season’s cancellation.
“I know this decision will be met with many different opinions and emotions and will impact many students and families,” Hunter said.
In response to the Middletown news, a nearby school has already offered opportunities for the band and cheerleading teams to perform.
Middletown was set to kick off the 2022 football season on the road against Lower Dauphin School District. That team was unable to find an alternate opponent. | https://cw33.com/news/nexstar-media-wire/school-district-cancels-football-season-due-to-widespread-hazing/ | 2022-08-25T19:47:28Z |
NEW BERLIN, Wis., June 1, 2022 /PRNewswire/ -- International Monetary Systems, Ltd. today announced it has released another upgrade to its app for iOS and Android devices. This newest update to the app shows IMS's continued commitment to improving client experience as the worldwide leader in business-to-business barter services.
This updated version of the IMS Barter Mobile App now features the addition of the certificates/scrip directory where you can view and purchase certificates and other scrip in list or map view, including MDS (Multiple Dining Scrip), as well as the IMS Barter travel department where you can browse and book available travel properties in the IMS Barter system.
Unlike AirBnB, Vrbo, Travelocity, Priceline and other online travel booking systems, the IMS Travel department works directly with travelers to find the best accommodations possible for their needs within the vast IMS network of businesses. In addition to accommodations, tickets for entertainment and dining may also be available at their destination. All in-stock options are now available and ready for purchase through the new IMS app.
"IMS Members rely on mobile technology in their day-to-day business, and the app now addresses the demand for greater access to everything the IMS website has to offer, but on a mobile platform", stated Dale Mardak, President and CFO of IMS.
Founded in 1985, International Monetary Systems (IMS) serves 23,000 cardholders in 52 North American markets. Based in New Berlin, Wisconsin, IMS is one of the largest barter companies in the world. Businesses trade goods and services online using an electronic currency known as trade dollars. The IMS network allows companies to create cost savings and connect to new customers by incorporating barter opportunities in their business models. Further information can be obtained at the company's web site at: www.imsbarter.com.
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SOURCE International Monetary Systems | https://www.wibw.com/prnewswire/2022/06/01/ims-releases-additional-upgrades-its-ios-android-app/ | 2022-06-01T17:22:56Z |
HAZARD, Ky., Aug. 5, 2022 /PRNewswire/ -- At the request of the Hazard Area Command, the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) is on the ground supporting the Animal Care branch at the Emergency Operations Center as well as conducting search and rescue throughout Knott, Letcher, Perry and Breathitt counties for animal victims impacted by the recent floods. The ASPCA is also supporting pet owners in the community by providing pet food and supplies donations for displaced animals across the four counties. The ASPCA continues to communicate with emergency management agencies and animal welfare organizations across Kentucky and stands ready to provide additional support upon request.
In addition, the ASPCA is facilitating the transport of more than 25 unowned cats from Kentucky Humane Society to MSPCA-Angell as well as two transports of unowned dogs to Connecticut Humane Society and Dumb Friends League in Colorado. These cats and dogs were all in Kentucky animal shelters before the flooding began and will be made available for adoption in the coming days and weeks.
"In emergency situations like this, the ASPCA's priority is to provide the critical support and resources needed to assist animals and pet owners impacted by these deadly floods," said Tim Rickey, Vice President, ASPCA National Field Response. "The ASPCA Disaster Response team is grateful to collaborate with local agencies to ensure we are bringing animals to safety."
The ASPCA's disaster response efforts have been made possible thanks to the generous support of the Alex & Elisabeth Lewyt Charitable Trust.
Last year, the ASPCA announced the results of a national survey where 83 percent of current pet owners reported living in a community that faces natural disasters. The ASPCA deploys nationwide to assist in relocation, search-and-rescue, sheltering, and reunification efforts during disaster situations including wildfires, tornadoes, and floods. The ASPCA also works with lawmakers to increase access to co-sheltering opportunities, to keep people and pets together when they are displaced by natural or manmade disasters.
To learn how to incorporate pets into preparedness plans, visit aspca.org/disasterprep
Photos (Credit/ASPCA): https://aspca.widencollective.com/dam/externalorderpickup/7249b8e4-fdd4-448f-8879-67dbe814d42d
Founded in 1866, the ASPCA® (American Society for the Prevention of Cruelty to Animals®) was the first animal welfare organization in North America and continues to serve as the nation's leading voice for animals. More than two million supporters strong, the ASPCA is committed to its mission of providing effective means for the prevention of cruelty to animals throughout the United States. As a 501(c)(3) not-for-profit corporation, the ASPCA is a national leader in the areas of anti-cruelty, community outreach and animal health services. For more information, please visit www.ASPCA.org, and be sure to follow the ASPCA on Facebook, Twitter, and Instagram.
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SOURCE ASPCA | https://www.wibw.com/prnewswire/2022/08/05/aspca-collaborates-with-emergency-management-agencies-kentucky-relocate-homeless-animals-provide-critical-support-pets-impacted-by-appalachia-floods/ | 2022-08-05T19:47:01Z |
NIL legislation now allows fans to support their favorite players legally
CHICAGO, July 27, 2022 /PRNewswire/ -- With University of Illinois athletes on its first roster of players, NextName is now offering fans the opportunity to purchase the "name, image, likeness" (NIL) of a team and individual player through the sale of their digital collectibles, also known as non-fungible tokens (NFTs). The Company will be offering team tokens and player tokens with the majority of the net proceeds of all tokens going to the players. Team tokens are on sale now and player tokens will go up for sale in August.
The platform was created following last year's landmark Supreme Court ruling which opened the door for college athletes to receive compensation by restricting the NCAA's rule-making authority. Following the ruling, the NCAA changed its policy to permit student-athletes to receive compensation for their NIL. In addition, some states also passed laws to support college athletes and their ability to profit from the sale of their NIL, including Illinois.
As part of its launch, NextName has created professionally designed NFTs for University of Illinois athletes and their respective teams. This opportunity allows fans to support the team as a whole and individual players. Universities will also receive a share of the proceeds through a direct licensing agreement with the school.
"Our goal was to create a transparent method for fans of college athletes to support their favorite players, teams, and hometown heroes," explains NextName co-founder Steve Thayer. "Players can now share in the multi-billion-dollar college sports industry that has previously left them out."
Some alumni booster organizations, known as 'collectives,' are also trying to find ways to compensate and entice college athletes to attend a particular university, but have been warned by the NCAA that "pay-to-play" arrangements are still in violation of NCAA rules. By contrast, the NextName platform offers no compensation or other arrangements to any incoming players and simply provides compensation opportunities for the players who have already signed with a team.
NextName was founded by Steve Thayer, a 1988 University of Illinois LAS Economics graduate and 2018 Chicago Illini of the Year, and his son, Ryan Thayer, a 2021 University of Illinois graduate of The Gies College of Business. The duo sought to find a way to support collegiate athletes nationwide, both legally and fairly.
"This is a historic opportunity to change the world of college sports to level the playing field for players, and I'm excited to be a part of the solution," explains Ryan Thayer.
Following its initial University of Illinois launch of digital collectibles, NextName plans to expand its offering to include digital collectibles from other schools and universities across the country.
For more information, visit www.nextname.io.
Contact: Ann Pitcher
ann@pitchercom.com
630.234.4150
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SOURCE NextName | https://www.mysuncoast.com/prnewswire/2022/07/27/digital-collectibles-platform-launches-support-college-athletes/ | 2022-07-27T10:41:09Z |
MELBOURNE, Australia, April 11, 2022 /PRNewswire/ -- Australian hype commerce startup, EQL, today announced that it has raised AUD $25 million in funding. With support from global software investor Insight Partners and Australian investor AirTree Ventures, the new funds will fuel the company's growth as it strengthens its global sales and customer teams, as well as further develops its infrastructure and AI smarts.
Already live in nine markets, EQL is the world's first and fairest hype commerce platform. Built from a deep appreciation for hype drops, the EQL platform allows retailers to address problems universally felt within high heat product launches such as sites crashing, payment chaos created by demand, or backlash sparked by scammers and bots clearing out stock.
The company has experienced quick international growth since its launch last year – early adopters such as Footlocker, Sullivans Cove whisky and Crocs use the platform to manage their limited release product launches. EQL enables them to get their products like scarce Jordans and highly sought after Croc collabs into the hands of real fans.
To date, EQL has supported over 1,000 launches, connecting millions of hopeful fans with products they love. The funding includes support from investors who are market leaders in digital commerce, platforms and fan engagement including Guillaume Pousaz's Zinal Growth, Harry Stebbings' investment fund, 20VC; Sam Kroonenburg, Founder of A Cloud Guru; and the family office of Michael Rubin, CEO of Fanatics and Co-Owner of the Philadelphia 76ers.
"EQL started from a shared passion for fairness. As avid sneaker fans, we were sick of missing out while others scored in droves," said Andrew Lipp, CEO and Co-Founder of EQL. "When we decided to build the platform, our focus was on creating more fairness. This is still our truth today. As we've grown, we've always focused on how we can give fans better access to the products they love."
Continued Lipp, "By using EQL, we're giving brands more control of their limited release product drops and supporting more meaningful interactions with fans. This is something the market hasn't experienced before. With us, they can own their hype and harness it. This is creating a new wave of commerce."
While initially focused on pain points in the sneaker space, EQL now also supports luxury brands across apparel, alcohol and accessories, and plans to soon expand into gaming, ticketing and the digital collectives space. This vision, and the platform's impressive rate of growth in a global market, is what attracted Insight Partners.
AJ Malhotra, Managing Director, Insight Partners said, "Avid and loyal fans can't get their hands on products fast enough - and that hype can create a number of technical challenges for e-commerce retailers. EQL's innovative platform is helping mitigate and prevent these challenges by creating seamless product launch experiences that give retailers more control and fans better access to the products they want. Insight is thrilled to partner with Andrew, Patrick, James and the entire EQL team on this exciting next chapter in the company's growth journey."
John Henderson, General Partner, AirTree Ventures said, "Andrew, Patrick and James' pain comes from an authentic place. They were frustrated that they couldn't get access to products they love. Todays' e-commerce infrastructure can't always handle the hype heat, but EQL now can. We were delighted to fund them and help turn EQL into what it is today; a fully fledged ecosystem working with global brands."
"We're thrilled to have the best of the best both locally and abroad," added Lipp. "With the support of Insight, AirTree and many incredible angels, we're intent on helping the global hype community, and safeguarding fairness for fans across the world, well into the future."
More about EQL
EQL is an Australian based, hype commerce platform that retailers use to manage the chaos that comes with high demand product launches. EQL's hype infrastructure prevents sites from crashing, slows down scammers and bots, and delivers a launch experience that is always Run Fair. They aim to get products into the hands of real fans. EQL is currently live in Australia, New Zealand, Malaysia, Spain, the UK, America, Singapore, France, Netherlands, Macau and Hong Kong.
About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of February 24, 2022, the closing of the firm's recent fundraise, Fund XII, brings Insight Partners' regulatory assets under management to over $90B. Insight Partners has invested in more than 600 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Insight Partners meets great software leaders where they are in their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on Twitter @insightpartners.
About AirTree
AirTree is a venture capital fund with a mission to back the most ambitious Australian and Kiwi founders, building the iconic technology companies of tomorrow. We're right by a founder's side, right from the start, investing pre-product and pre-revenue to support startups from the earliest stages of their journey. With a portfolio of 75+ companies, AirTree has been an early investor in many breakout tech companies, including Canva, A Cloud Guru, Pet Circle, Go1, Linktree, Employment Hero and Immutable.
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SOURCE EQL | https://www.wibw.com/prnewswire/2022/04/11/owning-moment-aussie-hype-commerce-startup-eql-surges-ahead-with-25m-funding/ | 2022-04-11T20:08:51Z |
CUPERTINO, Calif., Sept. 15, 2022 /PRNewswire/ -- Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions for roaming and network services, security, risk management, testing and service assurance, and subscriber intelligence, is pleased to announce that it has been identified in Gartner's "Market Guide for CSP Service and Network Assurance Solutions" as a representative vendor in the CSP Service and Network Assurance solutions market for 2022.
According to Gartner, "Service and network assurance modernization is crucial for many CSP objectives such as automated operations, improvement in customer experience, intent-driven orchestration and enhanced 5G services".
"5G brings new complexity to the network with features like network slicing, multi-access edge compute, cloud, and virtualization. Therefore, it is essential for Communications Service Providers (CSPs) to have a service assurance solution that provides a 360-degree view of its network performance and customer's quality of experience. Mobileum's Service Assurance portfolio provides all the capabilities required to monitor network KPIs and application performance, measure end-user service experience, and deliver the actionable insights needed for network performance management," stated Gabriel Chiriacescu, Mobileum SVP, Head of Testing & Service Assurance.
Mobileum Assurance Solution (MAS) combines the best of Mobileum technology and brings together multiple sources of data and uses sequential automated testing to allow operators to conduct comprehensive testing from the lab to the live deployment and operations. In addition, MAS allows end-to-end active testing with synthetic and passive traffic analysis.
The solution combines an unprecedented number of data sources to obtain 360-degree insights on service quality from both customer experience and network performance. By analyzing synthetic traffic measurements, customer experience KPIs, and network health KPIs, CSPs can determine the customer experience, verify business impacts, and detect increasingly tricky to diagnose network errors, thus guaranteeing an overall enhanced network quality. In addition, the cross-correlation analysis across the network, user KPIs, and service KPIs enables CSPs to gain visibility at a granular level so they can take corrective action and reduce turnaround time from network outage to network upgrade completion.
With these insights, CSPs can optimize root cause analysis and perform network upgrades promptly and cost-effectively. Mobileum Assurance Solution provides a service assurance capability that correlates services KPIs across RAN, CORE, IMS, and BSS systems that assure the Quality of Experience for voice, data, video, social networking, messaging, and emergency services. In addition, its future-proof testing, monitoring, and analytics ensure that CSPs have the capabilities to address even the most complex tasks such as 5G Edge Analytics and dynamic mass events.
Gartner Disclaimer
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be constructed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Mobileum Inc.
Mobileum is a leading provider of Telecom analytics solutions for roaming, core network, security, risk management, domestic and international connectivity testing, and customer intelligence. More than 1,000 customers rely on its Active Intelligence platform, which provides advanced analytics solutions, allowing customers to connect deep network and operational intelligence with real-time actions that increase revenue, improve customer experience, and reduce costs. Headquartered in Silicon Valley, Mobileum has global offices in Australia, Germany, Greece, India, Portugal, Singapore, UK, and United Arab Emirates.
Learn more in https://www.mobileum.com/ and follow @MobileumInc on Twitter
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SOURCE Mobileum | https://www.kxii.com/prnewswire/2022/09/15/mobileum-cited-representative-vendor-2022-gartner-market-guide-csp-service-network-assurance-solutions/ | 2022-09-15T08:48:33Z |
Disney says character hugs, interactions will return soon
(CNN) - Disney guests will soon be able to hug their favorite characters again.
Walt Disney World and Disneyland guests can get up close and personal autographs, photos and hugs with Mickey Mouse and friends. COVID restrictions will be relaxed as early as April 18 for the traditional character interactions.
Disney parks have slowly been returning to normal operations, with Disney World’s Festival of Fantasy Parade starting back two weeks ago.
Meanwhile in California, Disneyland’s famous parade is expected to start up the marching band again the weekend of April 22.
While Disney is getting rid of some COVID restrictions, face masks are still required for all guests, ages 2 and older, on Disney buses and monorails. In Florida, masks are expected indoors for all guests who are not fully vaccinated, and in California, masks are recommended for everyone indoors.
Both parks encourage guests to get vaccinated.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/04/05/disney-says-character-hugs-interactions-will-return-soon/ | 2022-04-05T07:22:42Z |
NEW YORK, July 29, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TG Therapeutics, Inc. (NASDAQ: TGTX) between January 15, 2020 and May 31, 2022, both dates inclusive (the "Class Period"), of the important September 16, 2022 lead plaintiff deadline.
SO WHAT: If you purchased TG Therapeutics securities 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 TG Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=7662 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 16, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) clinical trials revealed significant concerns related to the benefit-risk ratio and overall survival data of Ublituximab (an investigational glycoengineered monoclonal antibody for the treatment of B-cell non-hodgkin lymphoma, chronic lymphocytic leukemia ("CLL"), and relapsing forms of multiple sclerosis) and Umbralisib (or UKONIQ, an oral inhibitor of PI3K-delta and CK1-epsilon for the treatment of CLL, marginal zone lymphoma, and follicular lymphoma); (2) accordingly, it was unlikely that TG Therapeutics would be able to obtain U.S. Food and Drug Administration ("FDA") approval of the marginal zone lymphoma ("MZL") and follicular lymphoma ("FL") (the "Umbralisib MZL/FL NDA"), the rolling submission of a Biologics License Application ("BLA") to the FDA for Ublituximab in combination with Umbralisib (together, "U2"), as a treatment for patients with CLL (the "U2 BLA"), the supplemental New Drug Application ("sNDA") for Umbralisib to add an indication for CLL and small lymphocytic lymphoma ("SLL") in combination with Ublituximab (the "U2 sNDA"), or the Ublituximab as a treatment for patients with relapsing forms of multiple sclerosis ("RMS") (the "Ublituximab RMS BLA") in their current forms; (3) as a result, TG Therapeutics had significantly overstated Ublituximab and Umbralisib's clinical and/or commercial prospects; and (4) therefore, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the TG Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=7662 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/2022/07/30/rosen-global-investor-counsel-encourages-tg-therapeutics-inc-investors-with-losses-exceeding-100k-secure-counsel-before-important-deadline-securities-class-action-tgtx/ | 2022-07-30T03:03:48Z |
McLEAN, Va., Sept. 7, 2022 /PRNewswire/ -- AIRPHX, an industry leader in complete indoor disinfection technology, today announced verification of efficacy in eliminating monkeypox in addition to over 30 additional bacteria, viruses and protozoa. AIRPHX technology has been successfully scaled to large commercial facilities including hotels, casinos, public buildings, commercial fitness and indoor turf facilities. With patented technology continuously eliminating airborne and surface pathogens – widescale deployment of AIRPHX technology is a key strategy for addressing the next pandemic and avoiding lockdowns.
With cost effective deployment of wall-mounted and in-duct technology, AIRPHX acts as a prophylaxis against existing and future pandemic risk. "Although the timing and nature of the next pandemic is unknown at this point, AIRPHX technology has been verified effective against all recent pandemic pathogens and will be an effective method of protecting the public and avoiding lockdowns in the next pandemic," said AIRPHX President William Pommerening. "Our new in-duct models will efficiently treat spaces as large as airports and shopping malls allowing the public to avoid damaging lockdowns in the future." In an industry flooded with decades-old technologies that are largely ineffective and/or unproven in real world installations, AIRPHX provides continuous complete indoor disinfection technology that has been uniquely validated with field testing and clinical results in large, occupied spaces.
AIRPHX provides patented air purification technology that continuously eliminates airborne and surface pathogens. Founded in 2015 and headquartered in McLean, Virginia, AIRPHX has expanded rapidly into intercollegiate sports, counting almost 20% of the Power Five conference athletic programs as customers, professional sports, health care facilities and other industries. The company's technology has been validated in active athlete, staff, patient and customer environments. The company has also received independent clinical data demonstrating reduced infections in health care facilities including reductions in central line infections, antibiotic resistant bacterial and viral infections and toxic mold infections. AIRPHX products are protected by issued and pending patents and trade-secrets. AIRPHX products are proudly Made in America and are unique in the market. For more information on AIRPHX, please visit www.airphx.com.
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SOURCE AIRPHX | https://www.kxii.com/prnewswire/2022/09/07/airphx-announces-solution-avoid-lockdowns-next-pandemic/ | 2022-09-07T14:51:04Z |
Phoenix cops find 1,200 catalytic converters as thefts soar
By BOB CHRISTIE
Associated Press
PHOENIX (AP) — An Arizona man is facing multiple theft charges after detectives found a huge stash of stolen catalytic converters packed into a storage unit in Phoenix. The case highlights a national surge in thefts of the pricy auto parts that play a critical role in reducing vehicle emissions. The discovery of more than 1,200 of the devices came after a months-long investigation where Phoenix police detectives watched as a man bought and sold the converters. The National Insurance Crime Bureau says thefts have skyrocketed with more than 52,000 reported stolen last year, up from roughly 4,000 in 2019. They can cost from $1,000 to $3,000 to replace. | https://localnews8.com/news/ap-national/2022/05/27/phoenix-cops-find-1200-catalytic-converters-as-thefts-soar/ | 2022-05-28T01:21:46Z |
Firmenich CEO recognized for impressive track record of strategic growth and purpose-driven initiatives
TORONTO, July 18, 2022 /PRNewswire/ -- Four Seasons Hotels and Resorts, the world's leading luxury hospitality company, today announced the appointment of Firmenich CEO Gilbert Ghostine to its Board of Directors, representing long-term shareholder Cascade Investment.
With more than 35 years of global leadership experience spanning B2C and B2B organizations, Mr. Ghostine brings to the Four Seasons Board of Directors a strong, sustained record of delivering profitable growth with public and private companies. As CEO of Geneva-based Firmenich, the world's largest privately owned perfume and taste company, since 2014, Mr. Ghostine has implemented innovative and purpose-driven strategies with measurable results. Notably, Firmenich was first in its industry to employ AI-powered creation solutions and e-commerce platforms. Named as one of 2022 World's Most Ethical Companies by Ethisphere, Firmenich has also become a recognized global leader in Environmental, Social and Governance (ESG) performance under his leadership.
"In addition to his proven ability to drive organic growth and create value across global organizations, Gilbert is a principled leader with a clear vision that aligns with Four Seasons global growth strategy for preserving, growing and enhancing the renowned luxury brand," said Michael Larson, Chief Investment Officer of Cascade Investment, Four Seasons majority shareholder. "As Four Seasons continues the transformation of its digital ecosystem for an enhanced guest experience, Gilbert's foresight and expertise will be invaluable."
Over the past eight years serving as the company's first non-family member CEO, Mr. Ghostine has led Firmenich through a period of continuous industry leading growth. During his tenure, the company completed 14 acquisitions and now employs 10,000 people worldwide. Mr. Ghostine has also driven world-class research, creativity and winning performance for customers across the organization, while keeping Firmenich's culture firmly anchored in its core values as a responsible business.
"It is an honor to join the Four Seasons Board of Directors," said Mr. Ghostine. "As the company continuously elevates its iconic luxury brand, I look forward to leveraging my deep consumer experience and ESG leadership to collaborate with fellow Board members and the Executive Team through Four Seasons next phase of strategic growth and development."
John Davison, President and CEO of Four Seasons, added: "We are thrilled to welcome Gilbert to the Board. His leadership abilities are in lock step with Four Seasons commitment to preserving our people and renowned service culture that make this company so special to all. Gilbert joins Four Seasons at a pivotal point in our evolution as we seek out new ways to expand and innovate our luxury experience and product offerings worldwide."
Prior to leading Firmenich, Gilbert worked for Diageo, the world's leading premium spirits company, for more than two decades in senior leadership roles across four continents: Africa, Asia, the United States and Europe. He holds a master's degree in Business Administration from Saint Joseph University, Lebanon and completed Harvard Business School's Advanced Management Program.
Media Contacts
Sarah Tuite
Sarah.Tuite@fourseasons.com
Andrew Galloro
Andrew.Galloro@fourseasons.com
About Four Seasons Hotels and Resorts
Four Seasons Hotels and Resorts opened its first hotel in 1961, and since that time has been dedicated to perfecting the travel experience through continual innovation and the highest standards of hospitality. Currently operating 124 hotels and resorts, and 50 residential properties in major city centres and resort destinations in 47 countries, and with more than 50 projects under planning or development, Four Seasons consistently ranks among the world's best hotels and most prestigious brands in reader polls, traveller reviews and industry awards. For more information and reservations, visit fourseasons.com. For the latest news, visit press.fourseasons.com and follow @FourSeasonsPR on Twitter.
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SOURCE Four Seasons Hotels and Resorts | https://www.wibw.com/prnewswire/2022/07/18/four-seasons-hotels-resorts-appoints-gilbert-ghostine-board-directors/ | 2022-07-18T14:49:44Z |
Published: Aug. 8, 2022 at 4:05 PM EDT|Updated: 49 minutes ago
- Outstanding Business Volume of $24.5 Billion -
WASHINGTON, Aug. 8, 2022 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the availability and affordability of credit for the benefit of rural America, today announced its results for the fiscal quarter ended June 30, 2022.
Second Quarter 2022 Highlights
Added $1.9 billion of gross business volume, resulting in net growth of $236.0 million
Net interest income grew $14.3 million year-over-year to $69.4 million
Net effective spread1 increased 8% from the prior-year period to $60.9 million
Net income attributable to common stockholders of $39.1 million compared to $25.4 million in second quarter 2021
Core earnings1 grew 3% year-over-year to $30.7 million, or $2.83 per diluted common share
90-day delinquencies were 0.08% across the entire $24.5 billion portfolio as of June 30, 2022
"Farmer Mac delivered another quarter of strong results, generating record core earnings and demonstrating the consistency of our fundamental business model as we continue to successfully execute against our multi-year growth plan," said President & Chief Executive Officer, Brad Nordholm. "These results are again noteworthy given the current economic and market backdrop, where inflationary pressures have created heightened uncertainty across credit markets and high volatility across a broad range of prices, including key agricultural commodities. Our continued strong credit quality, solid capital position, and growing execution capability has enabled Farmer Mac to consistently deliver on our mission to bring even greater efficiencies, and lower costs, in providing financing to lenders for the benefit of their farm and ranch, agribusiness, and rural infrastructure customers. We remain confident in our ability to navigate the current environment and make the necessary investments in our infrastructure to pursue strategic growth opportunities."
_______________ 1 Non-GAAP Measure
Second Quarter 2022 Results
Spreads
Net interest income for second quarter 2022 was $69.4 million, a $14.3 million increase compared to $55.1 million in the prior-year period, primarily due to a $7.8 million increase in the fair value of designated financial derivatives, a $4.3 million increase from net new business volume, and a $2.5 million decrease in funding costs. Net interest yield was 1.09% in second quarter 2022 compared to 0.94% in the prior-year period.
Net effective spread, a non-GAAP measure, for second quarter 2022 was $60.9 million, a $4.4 million increase from $56.6 million in the prior-year period. The $4.4 million year-over-year increase in net effective spread was primarily due to a $4.8 million increase from net new business volume, a $0.9 million increase in net coupon yields related to the acquisition of loan servicing rights, and a $0.4 million increase in cash-basis interest income. These factors were partially offset by a $1.4 million increase in non-GAAP funding costs. In percentage terms, net effective spread was 0.99% in second quarter 2022, compared to 1.01% in the prior-year period.
Earnings
Farmer Mac's net income attributable to common stockholders for second quarter 2022 was $39.1 million ($3.60 per diluted common share), compared to $25.4 million ($2.35 per diluted common share) in the prior-year period. The $13.7 million year-over-year increase in net income attributable to common stockholders was due to a $11.3 million after-tax increase in net interest income, a $5.1 million after-tax increase in the fair value of undesignated financial derivatives, and an increase in our release of credit losses of $0.4 million after tax. These factors were partially offset by a $2.5 million after-tax increase in operating expenses and a $0.9 million increase in preferred stock dividends.
Farmer Mac enters into financial derivatives transactions to hedge interest rate risks inherent in its business and carries its financial derivatives at fair value in its consolidated financial statements. The fair value fluctuations of these financial derivatives are not expected to have a cumulative net impact on Farmer Mac's financial condition or results of operations reported with GAAP if the derivatives are held to maturity, as is expected. Therefore, Farmer Mac uses core earnings, a non-GAAP measure that excludes the effects of fair value fluctuations, as a useful alternative measure to understand the business.
Farmer Mac's core earnings for second quarter 2022 were $30.7 million ($2.83 per diluted common share), compared to $30.0 million ($2.77 per diluted common share) in second quarter 2021. The $0.8 million year-over-year increase in core earnings was due to a $3.5 million after-tax increase in net effective spread and an increase in our release of credit losses of $0.4 million after tax. These factors were partially offset by a $2.5 million after-tax increase in operating expenses and a $0.9 million increase in preferred stock dividends.
Business Volume
Farmer Mac's outstanding business volume was $24.5 billion as of June 30, 2022, a net increase of $0.2 billion from March 31, 2022 after taking into account all new business, maturities, sales, and paydowns on existing assets. The net increase was primarily attributable to net increases of $193.0 million in the Rural Infrastructure Finance line of business and $43.0 million in the Agricultural Finance line of business.
The $16.4 million net increase in Farm & Ranch during second quarter 2022 resulted from $1.4 billion of new purchases, commitments, and guarantees, mostly offset by $1.4 billion of scheduled maturities and repayments. Farmer Mac purchased a total of $432.6 million in loans, which was primarily driven by improved borrower economics as well as a competitive, albeit an increasing interest rate environment resulting in demand for intermediate and long-term financing solutions. The $432.6 million in gross Farm & Ranch loan purchases was partially offset by $153.8 million in scheduled maturities and repayments.
Farmer Mac also purchased a total of $0.8 billion in Farm & Ranch AgVantage Securities during second quarter 2022, which primarily reflected the refinancing of maturing securities as well as financial counterparties seeking to add longer term AgVantage securities to manage their asset-liability maturity profile given recent increases in credit spreads and interest rates. The $0.8 billion in gross purchases was more than offset by $1.0 billion in scheduled maturities. Approximately $0.3 billion of the total $0.8 billion in gross purchases reflected purchases that refinanced maturing AgVantage securities and were issued at short-term tenors, which may create some volatility in AgVantage volumes throughout the year.
The $26.6 million net increase in Corporate AgFinance during second quarter 2022 resulted from $107.9 million of new loan purchases, which was offset by $81.4 million of scheduled maturities, repayments, and sales. Farmer Mac purchased a total of $85.4 million in loans, which was offset by $44.3 million in scheduled maturities, repayments, and sales. This net increase in loans was primarily due to Farmer Mac's continued focus to support loans to larger and more complex agribusinesses focused on food and fiber processing, and other supply chain production.
The $165.6 million net increase in Rural Utilities during second quarter 2022 resulted from $326.9 million of new purchases, commitments, and guarantees, which was partially offset by $161.3 million of scheduled maturities and repayments. Farmer Mac purchased a total of $196.5 million in Rural Utilities loans; electric distribution and generation and transmission comprised $161.5 million and telecommunication comprised $35.0 million, which was fueled by a competitive but increasing interest rate environment resulting in demand for long-term financing solutions for planned maintenance and capital expenditures. The $196.5 million in loan purchases was partially offset by $24.4 million in scheduled maturities and repayments.
The $27.4 million net increase in Renewable Energy during second quarter 2022 primarily reflects $35.3 million in loan purchases, partially offset by $7.9 million in repayments.
Credit
As of June 30, 2022, the total allowance for losses was $14.8 million, compared to $16.3 million as of March 31, 2022. The $1.5 million release from the total allowance for losses in second quarter 2022 was comprised of a $1.2 million release from the Rural Infrastructure Finance portfolio and a $0.3 million release from the allowance for the Agricultural Finance portfolio. The $1.2 million release from the allowance for the Rural Infrastructure portfolio was primarily attributable to updated credit loss model forecast assumptions and improvements in risk ratings. The $0.3 million release from the allowance for the Agricultural Finance mortgage loan portfolio was primarily due to a risk rating upgrade on an AgVantage counterparty.
As of June 30, 2022, Farmer Mac's 90-day delinquencies were $20.6 million (0.20% of the Agricultural Finance Mortgage Loan portfolio), compared to $63.1 million (0.70% of the Agricultural Finance Mortgage Loan portfolio) as of June 30, 2021. Across all of Farmer Mac's lines of business, 90-day delinquencies represented 0.08% of total outstanding business volume as of June 30, 2022, compared to 0.28% as of June 30, 2021.
Capital
As of June 30, 2022, Farmer Mac's core capital level was $1.3 billion, $506.3 million above the minimum capital level required by the company's statutory charter. Farmer Mac's Tier 1 capital ratio was 14.7% as of June 30, 2022.
Earnings Conference Call Information
The conference call to discuss Farmer Mac's second quarter 2022 financial results will be held beginning at 4:30 p.m. eastern time on Monday, August 8, 2022, and can be accessed by telephone or live webcast as follows:
When dialing in to the call, please ask for the "Farmer Mac Earnings Conference Call." The call can be heard live and will also be available for replay on Farmer Mac's website for two weeks following the conclusion of the call.
More complete information about Farmer Mac's performance for second quarter 2022 is in Farmer Mac's Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 filed today with the SEC.
Use of Non-GAAP Measures
In the accompanying analysis of its financial information, Farmer Mac uses the following non-GAAP measures: "core earnings," "core earnings per share," and "net effective spread." Farmer Mac uses these non-GAAP measures to measure corporate economic performance and develop financial plans because, in management's view, they are useful alternative measures in understanding Farmer Mac's economic performance, transaction economics, and business trends. The non-GAAP financial measures that Farmer Mac uses may not be comparable to similarly labeled non-GAAP financial measures disclosed by other companies. Farmer Mac's disclosure of these non-GAAP measures is intended to be supplemental in nature and is not meant to be considered in isolation from, as a substitute for, or as more important than, the related financial information prepared in accordance with GAAP.
Core earnings and core earnings per share principally differ from net income attributable to common stockholders and earnings per common share, respectively, by excluding the effects of fair value fluctuations. These fluctuations are not expected to have a cumulative net impact on Farmer Mac's financial condition or results of operations reported in accordance with GAAP if the related financial instruments are held to maturity, as is expected.
Core earnings and core earnings per share also differ from net income attributable to common stockholders and earnings per common share, respectively, by excluding specified infrequent or unusual transactions that Farmer Mac believes are not indicative of future operating results and that may not reflect the trends and economic financial performance of Farmer Mac's core business. For example, we have excluded from core earnings losses on retirement of preferred stock and the re-measurement of the deferred tax asset.
Farmer Mac uses net effective spread to measure the net spread Farmer Mac earns between its interest-earning assets and the related net funding costs of these assets. Net effective spread differs from net interest income and net interest yield because it excludes: (1) the amortization of premiums and discounts on assets consolidated at fair value that are amortized as adjustments to yield in interest income over the contractual or estimated remaining lives of the underlying assets; (2) interest income and interest expense related to consolidated trusts with beneficial interests owned by third parties, which are presented on Farmer Mac's consolidated balance sheets as "Loans held for investment in consolidated trusts, at amortized cost"; and (3) the fair value changes of financial derivatives and the corresponding assets or liabilities designated in a fair value hedge accounting relationship.
Net effective spread also principally differs from net interest income and net interest yield because it includes: (1) the accrual of income and expense related to the contractual amounts due on financial derivatives that are not designated in hedge accounting relationships ("undesignated financial derivatives"); and (2) the net effects of terminations or net settlements on financial derivatives. More information about Farmer Mac's use of non-GAAP measures is available in "Management's Discussion and Analysis of Financial Condition and Results of Operations—Results of Operations" in Farmer Mac's Annual Report on Form 10-K for the year ended December 31, 2021, filed February 28, 2022 with the SEC.
For a reconciliation of Farmer Mac's net income attributable to common stockholders to core earnings and of earnings per common share to core earnings per share, and net interest income and net interest yield to net effective spread, see "Reconciliations" below.
Forward-Looking Statements
Management's expectations for Farmer Mac's future necessarily involve assumptions and estimates and the evaluation of risks and uncertainties. Various factors or events, both known and unknown, could cause Farmer Mac's actual results to differ materially from the expectations as expressed or implied by the forward-looking statements in this release, including uncertainties about:
the availability to Farmer Mac of debt and equity financing and, if available, the reasonableness of rates and terms;
legislative or regulatory developments that could affect Farmer Mac, its sources of business, or agricultural or rural infrastructure industries;
fluctuations in the fair value of assets held by Farmer Mac and its subsidiaries;
the level of lender interest in Farmer Mac's products and the secondary market provided by Farmer Mac;
the general rate of growth in agricultural mortgage and rural utilities indebtedness;
the effect of economic conditions and geopolitics on agricultural mortgage or rural utilities lending, borrower repayment capacity, or collateral values, including fluctuations in interest rates, changes in U.S. trade policies, fluctuations in export demand for U.S. agricultural products, supply chain disruptions, increases in input costs, labor availability, volatility in commodity prices, and the effects of the conflict between Russia and Ukraine;
the degree to which Farmer Mac is exposed to interest rate risk resulting from fluctuations in Farmer Mac's borrowing costs relative to market indexes;
developments in the financial markets, including possible investor, analyst, and rating agency reactions to events involving government-sponsored enterprises, including Farmer Mac;
the effects of the Federal Reserve's efforts to achieve monetary policy normalization and slow inflation;
other factors that could hinder agricultural mortgage lending or borrower repayment capacity, including the effects of severe weather and drought, climate change, or fluctuations in agricultural real estate values; and
the duration, mitigation efforts, spread, severity, and social and economic disruption of the ongoing COVID-19 pandemic and its effects on the business operations of agricultural and rural borrowers, the capital markets, and Farmer Mac's business operations.
Other risk factors are discussed in "Risk Factors" in Part I, Item 1A in Farmer Mac's Annual Report on Form 10-K for the year ended December 31, 2021, as filed with the SEC on February 28, 2022. Considering these potential risks and uncertainties, no undue reliance should be placed on any forward-looking statements expressed in this release. The forward-looking statements contained in this release represent management's expectations as of the date of this release. Farmer Mac undertakes no obligation to release publicly the results of revisions to any forward-looking statements included in this release to reflect new information or any future events or circumstances, except as otherwise required by applicable law. The information in this release is not necessarily indicative of future results.
About Farmer Mac
Farmer Mac is a vital part of the agricultural credit markets and was created to increase access to and reduce the cost of credit for the benefit of American agricultural and rural communities. As the nation's secondary market for agricultural credit, we provide financial solutions to a broad spectrum of the agricultural community, including agricultural lenders, agribusinesses, and other institutions that can benefit from access to flexible, low-cost financing and risk management tools. Farmer Mac's customers benefit from our low cost of funds, low overhead costs, and high operational efficiency. More information about Farmer Mac (including the Annual Report on Form 10-K referenced above) is available on Farmer Mac's website at www.farmermac.com.
* * * *
Reconciliations
Reconciliations of Farmer Mac's net income attributable to common stockholders to core earnings and core earnings per share are presented in the following tables along with information about the composition of core earnings for the periods indicated:
The following table presents a reconciliation of net interest income and net yield to net effective spread for the periods indicated:
The following table presents core earnings for Farmer Mac's reportable operating segments and a reconciliation to consolidated net income for the three months ended June 30, 2022:
Supplemental Information
The following table sets forth information about outstanding volume in each of Farmer Mac's lines of business as of the dates indicated:
The following table presents the quarterly net effective spread (a non-GAAP measure) by segment:
The following table presents quarterly core earnings reconciled to net income attributable to common stockholders:
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.mysuncoast.com/prnewswire/2022/08/08/farmer-mac-reports-second-quarter-2022-results/ | 2022-08-08T20:55:05Z |
SANTA CLARA, Calif., June 9, 2022 /PRNewswire/ -- Anatomage Inc, a market leader in 3D medical virtualization technology, is thrilled to host the inaugural National Anatomage Tournament on Thursday, June 9 at 3 PM PDT. The Anatomage Tournament's championship round will be live-streamed on YouTube here.
The 2022 Anatomage Tournament invited high school students from across the United States to compete in a team-based competition that focuses on knowledge of anatomical structures.
Utilizing Anatomage's virtual dissection table, students compete against each other to test their anatomical and medical knowledge. Designed to support students' anatomy learning while fostering collaboration and teamwork, Anatomage Tournaments provide students a fun opportunity to enhance skill sets such as communication, goal-setting, preparation, and managing success and failure.
Over 200 teams totaling over 1,000 students have competed in this year's Anatomage Tournament. Through 3 rounds of elimination, we arrived at the top 8 teams who will compete live in a virtual head-to-head competition to be crowned the National Anatomy Champion.
The 2022 Anatomage Tournament will be live-streamed for viewers to watch at home and you can watch the live stream on the Anatomage Youtube channel.
Champions of the 2022 Anatomage Tournament will be awarded prizes and recognition. Top finalists will also receive special accolades for their hard work and perseverance. You can also learn more about the 2022 Anatomage Tournament here.
Follow Anatomage on Facebook and Twitter to receive their latest news and announcements.
As a market leader in medical virtualization technology, Anatomage enables an ecosystem of 3D anatomy hardware and software, allowing users to visualize anatomy at the highest level of accuracy. Established in both the education and healthcare industries, Anatomage is transforming standard anatomy learning, medical diagnosis, and treatment planning through its highly innovative products.
Jack Choi
CEO
Anatomage Inc.
Phone: 1-408-885-1474
Email: info@anatomage.com
www.anatomage.com
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SOURCE Anatomage | https://www.mysuncoast.com/prnewswire/2022/06/09/watch-2022-anatomage-tournament-championship-today-live-youtube/ | 2022-06-09T11:10:35Z |
- Binge top content from a wide range of standalone streaming services every weekend through August
- "Freeview" experience kicks off with SHOWTIME® right in time for the season five premiere of "The Chi" and Bellator MMA 282: Mousasi vs. Eblen, both airing Friday, June 24
ENGLEWOOD, Colo., June 21, 2022 /PRNewswire/ -- SLING TV announced today its new "Freeview Weekends" experience, providing paid subscribers FREE access to select standalone streaming services every weekend through August 2022. The experience starts with the full suite of SHOWTIME® content, beginning this Friday, June 24, right in time for the season five premiere of "The Chi," and runs until Monday, June 27.
"SLING launched in 2015 with one goal in mind: provide people easy access to their favorite shows and content, without a bloated monthly bill," said Gary Schanman, executive vice president and group president of SLING TV. "This sentiment holds true today - if a user wants to subscribe to any of our nearly 50 premium standalone services à la carte, they can do it. And now with Freeview Weekends, our current subscribers can 'try before they buy' every Summer weekend with no strings attached by simply turning on SLING to ensure they pay only for what they want to watch."
During Freeview Weekends, customers have access to standalone streaming services' live schedule and on-demand content library. Most Freeview offerings will start Friday and run through Monday. Premium streaming services currently slated in the preview lineup include EPIX, Hallmark Movies Now, Curiosity Stream, Sundance Now, AMC+ and more.
Current SLING subscribers can effortlessly access the Freeview experience; the select weekly Freeview service will be automatically available on users' home page and within the guide through the duration of the Freeview with no strings attached.
Following a Freeview Weekend, SLING makes it easy for anyone to continue watching their favorite entertainment by subscribing to the streaming service as a standalone subscription. With nearly 50 standalone streaming services, including SHOWTIME®, EPIX and Starz, available without a base SLING subscription, SLING provides the best à la carte streaming experience on the market.
In addition to the Freeview content, SLING offers a variety of today's most popular channels, including CNN, ESPN, Bravo and AMC, through its base services, SLING Orange and SLING Blue, starting at $35 per month. Plus, new subscribers currently receive HALF OFF base services their first month at Sling.com. For more information on the Freeview experience, including which standalone channels will be offered each week, visit the What's On Sling blog.
About SLING TV
SLING TV is an Emmy® Award-winning live streaming TV service that provides more than 700 channels from today's most popular networks across its general market, Latino and international services. It is available on all major streaming devices, smart televisions, tablets, game consoles, computers and smartphones. SLING offers two general market streaming services, SLING Orange and SLING Blue, that collectively feature content from Disney/ESPN, Fox, NBC, AMC, A&E, AXS, Discovery, Scripps, Turner, Viacom, NBA TV, NFL Network, NHL Network, Pac-12 Networks, GSN, Hallmark, SHOWTIME, STARZ and EPIX. On select devices, SLING offers customers access to free content, à la carte channels and services, plus Pay-Per-View events and movies on-demand. SLING provides a suite of stand-alone and add-on Spanish-language services and packages tailored to English-dominant, bilingual and Spanish-dominant U.S. households. SLING is the leading U.S. provider of foreign-language programming, with more than 400 channels in over 20 languages. Additionally, SLING offers a variety of local channel solutions through the AirTV brand, which provides products and services that simplify the modern over-the-air (OTA) entertainment experience. Visit sling.com and AirTV.net for more information. SLING TV L.L.C. and AirTV L.L.C. are wholly owned subsidiaries of DISH Network Corporation (NASDAQ: DISH).
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SOURCE Sling TV L.L.C. | https://www.wibw.com/prnewswire/2022/06/21/sling-tv-freeview-weekends-provides-free-access-top-streaming-services-all-summer/ | 2022-06-21T16:47:18Z |
RICHMOND, Va., June 21, 2022 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer of mixed-use multifamily communities, announced today that it has promoted Chris Hirth to senior vice president of asset management and Jerad Nielsen to vice president of asset management.
"Capital Square employs a team of asset managers who oversee the management of properties," said Louis Rogers, founder and chief executive officer of Capital Square. "Hirth and Nielsen have mastered the art of asset management. Under their watch, real estate assets have grown to over $4 billion from 128 individual properties. Their portfolios have performed well above projected pro forma in spite of a global pandemic that closed material portions of the economy. For example, multifamily rent collections have exceeded 99% for over two years."
Hirth joined Capital Square in 2016 as an asset manager. He is primarily responsible for the oversight of Capital Square's growing portfolio of multifamily properties throughout the southeastern United States. Prior to joining Capital Square, Hirth was a senior real estate manager at CBRE, a global leader in commercial real estate services and investment. With CBRE, he managed a one million-square-foot portfolio of office and flex properties. Previously, Hirth spent four years at PRG Real Estate, supervising multiple multifamily properties.
Nielsen began his Capital Square career in 2018 as an asset manager. His main responsibilities include the management of net-leased medical, office, industrial and retail properties across the nation. Prior to joining Capital Square, Nielsen worked as a senior portfolio manager with Cushman & Wakefield, where he managed a diverse five million-square-foot portfolio of commercial properties comprised of office, medical, education, retail, and industrial assets on behalf of federal and state agencies, as well as multiple Fortune 500 companies.
Hirth earned a bachelor's degree in business management from Virginia Tech. He is a Certified Commercial Investment Member and a Certified Property Manager.
Nielsen earned his bachelor's degree in business from Virginia Commonwealth University. He is a Certified Commercial Investment Member and a Certified Property Manager.
Capital Square is a national real estate firm specializing in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges, qualified opportunity zone funds for tax deferral and exclusion and a real estate investment trust (REIT). In recent years the company has become an active developer of mixed-use multifamily properties in the southeastern US, with eight current projects totaling approximately 2,000 apartment units with a total development cost in excess of $600 million. Since 2012, Capital Square has completed more than $5.6 billion in transaction volume. Capital Square's related entities provide a range of services, including due diligence, acquisition, loan sourcing, property/asset management, and disposition, for a growing number of high-net-worth investors, private equity firms, family offices and institutional investors. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the nation for four consecutive years. In 2017, 2018 and 2020, the company was also ranked on Richmond BizSense's list of fastest growing companies. Additionally, Capital Square was listed by Virginia Business on their "Best Places to Work in Virginia" report in 2019 and their "Fantastic 50" reports in 2019 and 2020. To learn more, visit www.CapitalSq.com.
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SOURCE Capital Square | https://www.kxii.com/prnewswire/2022/06/21/capital-square-promotes-chris-hirth-svp-asset-management-jerad-nielsen-vp-asset-management/ | 2022-06-21T18:26:17Z |
KUNGÄLV, Sweden, May 18, 2022 /PRNewswire/ --
New Wave Group AB held its Annual General Meeting (AGM) on 18 May 2022. Due to the spread of the coronavirus, the AGM was carried out through postal voting without physical attendance, pursuant to temporary legislation.
- The EGM resolved, in accordance with the Board of Directors' proposal, on a dividend of SEK 4.25 per share with 20 May 2022 as record date for entitlement to receive dividend.
- Each Board Member and the CEO were discharged from liability for the fiscal year 2021.
- The AGM resolved on the following fees payable to the Board and the Audit Committee. The fee payable to the Chairman of the Board will be SEK 500,000 and the fee payable to each of the other Board Members who are not employed by the company will be SEK 200,000. The fee payable to the Audit Committee will be SEK 130,000, to be distributed within the Audit Committee. Also, SEK 100,000 is set aside for the Board of Directors to distribute to Board Members for work outside normal Board work, in particular in relation to the digitalization of the Group's business.
- Christina Bellander, Jonas Eriksson, Torsten Jansson, Ralph Mühlrad, Olof Persson, Ingrid Söderlund, M. Johan Widerberg and Mats Årjes were re-elected as Board Members.
- Olof Persson was re-elected as Chairman of the Board.
- Ernst & Young AB was re-elected as Auditor.
- The Board of Directors was authorized to resolve, on one or several occasions, to increase the share capital with not more than SEK 12,000,000 by issue of not more than 4,000,000 shares of series B. The authorization includes the right to adopt decisions on deviation from the shareholders' pre-emption rights, however not if the decision on new issue stipulates payment for the shares in cash only. The authorization further includes a right to adopt decisions on new issues in kind or new issues by way of set-off or otherwise on such terms and conditions as referred to in Chapter 13, Section 5, item 6, of the Swedish Companies Act. The reasons for deviation from the shareholders' pre-emption rights are that the newly issued shares shall be utilized for financing acquisitions of companies or businesses or part thereof.
- The Board of Directors was authorized to resolve, on one or several occasions, to raise financing according to Chapter 11, Section 11 of the Swedish Companies Act.
Minutes from the AGM including complete resolutions will be available on the company's website www.nwg.se.
18 May 2022
New Wave Group AB (publ)
The Board of Directors
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SOURCE New Wave Group | https://www.mysuncoast.com/prnewswire/2022/05/18/annual-general-meeting-new-wave-group-ab-publ/ | 2022-05-18T10:23:20Z |
Leading eCommerce logistics Automation Company is recognized for providing innovative solutions to supply chain challenges
WESTLAKE VILLAGE, Calif., June 1, 2022 /PRNewswire/ -- inVia Robotics –– a leader in eCommerce fulfillment automation systems –– has been awarded this year's Best Practices Technology Innovation Leadership Award in the North American goods-to-person robotics market by Frost & Sullivan, a leading third-party research and consulting firm.
inVia's true robotics-as-a-service (RaaS) model beat out category competitors as it provides retailers and 3PLs with a flexible, cost-effective solution that dramatically increases productivity in existing facilities. The RaaS system allows customers to pay for productivity of inVia robots and software versus competitors who lease or sell robots. The subscription service covers all system updates and includes 24/7 monitoring and support through inVia's Robotics Operation Center (ROC). A team of robotics experts is dedicated to each customer to oversee fulfillment operations and troubleshoot any problems, often fixing them before they are even visible. This model democratizes automation, making it available as an operating expense to businesses of all sizes, versus traditional equipment that was capital-intensive and expensive.
"We're honored to receive this recognition and award for our technology that is solving the pressing issues facing warehouse employees and businesses on a daily basis," says Lior Elazary, CEO and Co-Founder of inVia. "We recognize that eCommerce demand is continuing to rise and warehouse workers are still facing immense pressures to fulfill orders quickly. Our mission is deeply rooted in creating an environment where people can do fulfilling work and in order for us to ensure this happens, we are committed to improving the technological offerings that our customers require."
"Frost & Sullivan applauds inVia for maximizing worker productivity and providing eCommerce organizations with an attainable entry point to introduce autonomous mobile robots and the PickerWall into their businesses," says Sankara Narayanan, Industry Principal at Frost & Sullivan. "The company's RaaS model, ROC, and quick deployment further enhance its customer value proposition."
A key differentiator in receiving the award was the inVia PickerWall, as it demonstrates inVia's unique workflow that removes interdependencies between robots and people and subsequently unleashes productivity rates, at a time when warehouse labor is hard to hire. The inVia PickerWall helps companies manage higher order volumes without having to increase labor enabling eCommerce warehouses to be 10 times more productive. Most importantly, inVia PickerWall leverages the strengths of both people and robots. Robots work nonstop doing repetitive tasks like traveling and picking. People are allowed to do higher order tasks like sortation and work on a variety of tasks in bursts. Workers enjoy more stimulating working conditions and businesses enjoy consistently meeting service level agreements (SLAs) without dips in productivity.
inVia Picker robots were also recognized by Frost & Sullivan as solving one of the most challenging problems in the eCommerce space; quick and easy access to a wide variety of stock keeping units (SKUs). eCommerce warehouses are often 250,000 square feet, comparable to three football fields –and may have 100,000 SKUs distributed across the warehouse. The robots are completely autonomous and eliminate the need for people to travel across the facility to retrieve inventory and deliver it to the packing station. Additionally, inVia Pickers are mobile, unlike traditional shuttle systems, and can be moved to work in different zones or in other locations. This eliminates the need for reengineering facilities, allowing inVia to adapt to different environments.
The Frost & Sullivan Best Practices Awards recognize companies across the globe for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. inVia was awarded based on its commitment to innovation, creativity, and application diversity that meet ever-evolving customer needs.
About inVia Robotics
inVia Robotics is an award-winning automation company that provides the next generation of warehouse optimization solutions. Our system leverages autonomous mobile robots and AI-driven warehouse orchestration software to help e-commerce businesses and 3PLs automate and optimize material flow across fulfillment centers. We deliver our comprehensive automation services as a subscription, and our systems are built to deploy quickly and without disruption to existing operations. The results are a 4-5X increase in productivity and accuracy rates of 99.9% - at a fraction of the cost of traditional automation. Learn more about how we can optimize your operations at www.inViarobotics.com.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.
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SOURCE inVia Robotics | https://www.mysuncoast.com/prnewswire/2022/06/01/invia-robotics-wins-2022-technology-innovation-goods-to-person-robotics-award-frost-amp-sullivan/ | 2022-06-01T15:34:04Z |
Dr. Judith Hellman Joins Hacker Dermatology to Provide Patients a Safe Alternative
DELRAY BEACH, Fla., May 19, 2022 /PRNewswire/ -- "There's a trend for non-dermatologist, non-plastic surgeon supervised laser centers to open and make a quick buck," says Dr. Steven Hacker, Founder of Hacker Dermatology. Dr. Hacker should know with laser experience dating back to 1992, when his groundbreaking research was first published in The Archives of Dermatology, showing pulsed dye laser worked on Psoriasis. "Just off Atlantic Avenue, laser treatments are being sold to patients at "so-called" laser centers, salons, and med spas. These centers, often motivated by profit over care, promote cosmetic laser treatments at great risk to patient's safety."
Hacker's suggestion, "Just ask, "is there a board-certified dermatologist or cosmetic surgeon on site? "If the answer is "no", walk away. Misuse of lasers can burn and permanently scar the skin."
"In the interest of patient safety, I decided to add another experienced laser surgeon to our practice," and after Hacker completed a nationwide search, Dr. Judith Hellman fit the bill. Dr. Hellman, an indisputable laser expert, holds Associate Clinical Professor appointment in New York and Attending Physician at Miami.
In fact, a recent article authored by Dr. Hellman, also a classically trained musician, published in the June 2021 issue of the Journal of Cosmetics, Dermatological Sciences and Applications corroborated Dr. Hacker's comments. The article concluded that the safety and efficacy of the laser or light devices are ideal for achieving desired outcomes.
"I do the light and laser treatments myself, there's no substitute for 25 years of experience, " Dr. Hellman explains. "Safely meeting our patients' goals while effectively treating unwanted signs of aging, acne scars, hair removal, hyperhidrosis, jowls and even vaginal laxity are not mutually exclusive," Hellman explains.
Visit www.HackerDermatology.com or call 561-276-3111 to book a laser consult.
About Hacker Dermatology
Dr. Steven Hacker founded Hacker Dermatology in 1994 in Delray Beach., Florida. The group practice includes dermatologists, a reconstructive surgeon, laser surgeon, and a podiatrist. Hacker holds 14 patents for devices in the fields of mechanical, electrical, and chemical engineering and was 19 years old when he was one of 12 students selected to enter medical school early. Dr. Hacker's clinical dermatology experience includes well over 100,000 patient encounters, over 25,000 skin cancers treated, and years of cosmetic and research expertise.
Press Inquiries: Sarah Bentley, Office Manager, sarahb@dermasurgerygroup.com, 561-276-3111
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SOURCE Hacker Dermatology & Multi-Specialty Group | https://www.wibw.com/prnewswire/2022/05/19/patient-safety-growing-problem-non-physician-supervised-laser-centers-opening-throughout-delray-beach/ | 2022-05-19T17:35:50Z |
MOSCOW (AP) — Allies of imprisoned opposition politician Alexei Navalny sounded the alarm Tuesday when they discovered he was no longer in the prison where he had been serving his time and there was no word on where he had been taken.
But late in the day, the chairman of a prison monitoring commission said Navalny had been transferred to a maximum-security prison nearby.
Navalny was moved to the IK-6 prison in the village of Melekhovo in the Vladimir region, Russian news agencies reported, citing Sergei Yazhan, chairman of the regional Public Monitoring Commission. Melekhovo is about 250 kilometers (155 miles) east of Moscow.
Prison transfers in Russia sometimes take days and are shrouded in secrecy. The lack of information about the whereabouts of Navalny, the most determined political foe of Russian President Vladimir Putin, had worried his allies.
“All this time we don’t know where Alexei is. He is left alone with the system that has already once tried to kill him,” Navalny’s spokeswoman, Kira Yarmysh, said earlier on social media. After the transfer was reported, she said his close associates had not been able to independently confirm it.
His closest ally, Leonid Volkov, said on Telegram that Navalny’s lawyer went to visit him in prison Tuesday and was told that “there is no such convict here.”
“Where Alexei is now and which prison he is being taken to, we don’t know,” Volkov said.
Lawyer Olga Mikhaylova told Russia’s state news agency Tass that Navalny’s attorneys were told he was transferred to a maximum-security prison, “but which one, we weren’t told.”
Navalny was arrested in January 2021 upon returning from Germany, where he had been recuperating from nerve-agent poisoning that he blames on the Kremlin, and handed a 2½-year sentence for a parole violation.
In March, Navalny was sentenced to nine years in prison on charges of fraud and contempt of court, which he rejected as politically motivated and an attempt by the authorities to keep him behind bars for as long as possible.
The judge ordered the Kremlin critic to serve the new sentence in a maximum-security prison. He was supposed to be transferred to one after he lost his appeal.
The new conviction followed a year-long Kremlin crackdown on Navalny’s supporters, other opposition activists and independent journalists in which authorities appear eager to stifle all dissent.
Navalny’s close associates have faced criminal charges and many have left the country, while his group’s political infrastructure — an anti-corruption foundation and a nationwide network of regional offices — has been destroyed after being labeled an extremist organization.
Until now, Navalny had been at the IK-2 penal colony in the Vladimir region. The facility in the town of Pokrov stands out among Russian penitentiaries for its especially strict inmate routines, which include standing at attention for hours. IK-6 is located about 150 kilometers to the east.
Russia’s secrecy about prisoner transfers has come under criticism from human rights advocates. | https://cw33.com/news/international/ap-international/kremlin-critic-navalny-moved-supporters-dont-know-where/ | 2022-06-15T01:06:21Z |
Pebble DAA Device Transforms End-of-Life GS7000 Node Into Future-Ready Solution for Next-Gen Broadband
SAN JOSE, Calif., June 8, 2022 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it has developed an upgrade kit that breathes new life into Cisco's end-of-life GS7000 node, transforming it into a distributed access architecture (DAA) node that supports Flexible MAC Architecture (FMA) solutions for delivering next-gen broadband. As part of Harmonic's market-leading CableOS® Cloud-Native Core Platform family, the Pebble DAA device features a uniquely small form factor that lowers space, power and cooling costs while easily adapting to any deployment scenario.
"Following Cisco's end-of-life announcement of the GS7K node, Harmonic has stepped up to offer MSOs a path to 10G while enabling them to retain their legacy node infrastructure," said Nimrod Ben-Natan, Senior Vice President and General Manager, Cable Access Business at Harmonic. "By integrating our Pebble device into the GS7K, we empower multiple global operators to upgrade their legacy nodes to DAA architecture, rapidly increasing upstream and downstream broadband capacity in the most economical and sustainable way possible."
Leveraging Harmonic's expertise and support, integrating the Pebble DAA device with the GS7000 node is fast and simple. The upgrade can be performed efficiently in the field without needing to take down the node, replace the power supply or change the node lid. By offering turnkey solutions and supporting multiple access architectures, including PON, DAA and FMA, Harmonic increases operators' business agility, enabling them to address ever-evolving broadband requirements.
"With flexible, sustainable solutions, we can rapidly upgrade our networks," said Justin Colwell, Executive Vice President, Connectivity Technology at Charter Communications. "Leveraging Harmonic's DAA-based solutions will fuel faster, more reliable internet for our customers."
In addition to providing operators with a solution supporting the GS7000 node, Harmonic offers a seamless transition path from legacy integrated CMTS to a modern and advanced virtualized CMTS, helping them power the ultra-connected future of broadband, including high-split and symmetric 10G.
The upgrade kit will be available and in trials with leading operators by the end of this month.
Harmonic's market-leading CableOS Platform powers 6.1 million cable modems for a growing number of innovative cable and fiber operators worldwide, including the largest operators in North America and Europe, and leading service providers in Latin America and Asia.
Further information about Harmonic and the company's solutions is available at www.harmonicinc.com.
Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized cable access and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized cable access networking via the industry's first virtualized cable access solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet cable services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at www.harmonicinc.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements concerning Harmonic's business and the anticipated capabilities, advantages, reliability, efficiency, market acceptance, market growth, specifications and benefits of Harmonic products, services and technology are forward-looking statements. These statements are based on our current expectations and beliefs and are subject to risks and uncertainties, including the risks and uncertainties more fully described in Harmonic's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2021, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to Harmonic as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.
Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners.
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SOURCE Harmonic Inc. | https://www.wibw.com/prnewswire/2022/06/08/harmonic-breathes-new-life-into-cisco-gs7000-node/ | 2022-06-08T13:09:57Z |
NEW YORK, and LONDON, Aug. 11, 2022 /PRNewswire/ -- Huma Therapeutics Limited, a leading global digital health company, has appointed Kaushik Gune as the company's new U.S. Head of Healthcare. Gune joins Huma to drive further commercial adoption of the company's digital health platforms in the U.S., specifically its 'Care at Home' platform for remote patient monitoring.
"Huma is transforming healthcare and research through its digital-first patient care platform, expanding access for patients, increasing capacity for clinical staff and delivering data insights for researchers and providers," said Gune. "I'm proud to be joining a team committed to transforming healthcare for all."
"Huma has established a strong track record working with more than 27 million patients across its platforms in the UK and across Europe - both in primary and secondary care," said Michael Macdonnell, SVP Healthcare and Global Head of Operations, Huma Therapeutics. "On the back of Huma's digital health partnership with AstraZeneca, as well as the coveted Prix Galien award, we are now taking our mission to provide digital-first care and research to the US market. Kaushik is the perfect leader for our expansion, combining strategic insight with the business know-how needed to bring our remote monitoring technology to millions of Americans."
Gune has held numerous senior leadership roles during his career with a focus on developing and advancing commercial products in the digital health market, most recently as VP of Digital Health & New Ventures at Smith+Nephew. Previously, he served as Chief Strategy & Business Development Officer at Innovative Health Diagnostics, where he led a diagnostic lab through a major growth phase managing finance, strategy and business development functions.
From a career spanning a range of business functions, Gune brings experience from Operations at United Airlines, Strategy & Commercial at McKinsey & Co and Finance at NuVasive. He holds a B.E. in Mechanical Engineering from University of Mumbai, an M.S. in Industrial Engineering from Purdue University and an M.B.A. in Strategy & Finance from INSEAD.
About Huma
Huma Therapeutics is a global digital health company headquartered in the UK that advances digital-first care delivery and research to help people live longer, fuller lives. Huma's award-winning modular platforms are used by more than 3,000 hospitals and clinics, with 1.8 million active users. Huma's offering works across different disease areas and powers:
- 'Hospitals at Home'
- Software as a Medical Device (SaMD) solutions
- DCT platform to support digital or hybrid studies
Huma's platform has been shown to almost double clinical capacity, reduce readmissions by over a third, enable better diversity, participant retention and protocol adherence, whilst allowing trials to run within weeks. Please visit www.huma.com and follow us on LinkedIn at Huma
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SOURCE Huma | https://www.mysuncoast.com/prnewswire/2022/08/11/huma-appoints-kaushik-gune-head-us-healthcare-business-promote-adoption-digital-health-solutions/ | 2022-08-11T15:54:48Z |
This essential appliance fully charges in 1.3 hours, boasts a 10-year lifetime, and powers 90% of appliances.
LOS ANGELES, Sept. 2, 2022 /PRNewswire/ -- EcoFlow, an eco-friendly energy solutions company, today launched the DELTA 2, an industry-leading upgrade to the revolutionary DELTA Portable Power Station. With an industry-leading recharging speed that's seven times faster than the industry average, up to 3kWh of expandable capacity, an up-to-ten-year product lifetime and more, the DELTA 2 is a must-have for every family.
A powerful 1800W AC output makes the DELTA 2 an ideal backup solution in times of soaring energy costs and growing power supply insecurity. However, the DELTA 2 Portable Power Station is much more than just a battery. Possessing the capability to be recharged to 80% in just 50 minutes, supporting charging via solar panels and capable of running 90% of all accessories, the DELTA 2 makes users feel at home whether they are camping outdoors or living off-grid in RVs and cabins.
"Building on the success of our original DELTA Portable Power Station, the EcoFlow DELTA 2 demonstrates our commitment to refining our existing technologies," said Bruce Wang, CEO of EcoFlow. "A recharging speed seven times faster than the industry average, an up to 3KWh of expandable capacity, and a powerful output mean the DELTA 2 is an essential, modern-day appliance for all families. Whether used at home, outdoors or on the go, the DELTA 2 sets a new benchmark in eco-friendly power solutions."
Expandable Capacity Across a Wide-Ranging Ecosystem
While boasting a large 1024Wh capacity, the EcoFlow DELTA 2 also benefits from an expandable capacity design for boosted performance. The DELTA 2 can also be combined with a DELTA 2 Extra Battery or DELTA Max Extra Battery, providing an impressive 2048Wh or 3040Wh of energy. The resulting long run-time offers users a flexible option for on-demand energy, whether for everyday use or as an emergency power supply.
In addition to its compatibility with extra batteries, DELTA 2 functions across EcoFlow's existing product ecosystem which comprehensively addresses power generation, storage, and usage. Comprising solar panels, the Wave Portable Air Conditioner, the Smart Generator and many other products and accessories, the EcoFlow ecosystem seamlessly integrates with the DELTA 2 to free users from the restrictions of fixed power supplies.
Best-In-Class Recharging Speeds
The DELTA 2's revolutionary X-Stream technology allows for an unbeatable new standard in fast charging. The DELTA 2 can charge from 0-80% in just 50 minutes, with a full charge achievable in just 80 minutes. Seven times faster than the industry average, DELTA 2's industry-leading recharging speed allows flexibility for everything from sudden emergencies to last-minute camping trips.
Ideal for adventures in the great outdoors, DELTA 2 can also be charged using EcoFlow Portable Solar Panels. Supporting a maximum 500W solar input, the DELTA 2 can be fully recharged in three to six hours, providing a sustainable power supply in outdoor and off-grid scenarios.
Safe Power Supply for 90% of Appliances
The DELTA 2's powerful 1800W AC output allows it to run 90% of all appliances including heaters, hair dryers, coffee makers, and electric grills. Whether used as a backup supply or to boost outdoor expeditions, the DELTA 2's fifteen outlets deliver a new level of energy freedom, simultaneously powering everything from fridges to phones and washing machines to drones. For high-wattage appliances, the DELTA 2 provides users with peace of mind via EcoFlow's X-Boost technology, supplying an output of up to 2200W.
Industry-Leading Lifetime
Utilizing the same premium LFP batteries as deployed in Tesla vehicles, the DELTA 2 boasts a lifetime six times as long as the industry average of 500 cycles. As a result, with the potential for an incredible 3,000 cycles over its lifetime, users can power their lives with the DELTA 2 for up to ten years.
With an advanced BMS (Battery Management System) protection system monitoring performance to ensure power is delivered safely, as well as an exclusive five-year guarantee, the DELTA 2 delivers long-lasting energy security unlike any other portable power station on the market.
Availability
The EcoFlow DELTA 2 will retail for $999 and will be available for order on the EcoFlow website on September 16.
About EcoFlow
EcoFlow is an eco-friendly energy solutions company. Since its founding in 2017, EcoFlow has provided peace of mind to customers in over 100 markets through its DELTA and RIVER portable power stations and varied accessories. EcoFlow's mission is to reinvent the way the world generates, stores and uses energy through creative, environmentally-conscious innovation.
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SOURCE EcoFlow Technology Inc. | https://www.wibw.com/prnewswire/2022/09/02/faster-higher-stronger-ecoflows-delta-2-is-new-best-in-class-1kwh-portable-power-station/ | 2022-09-02T06:30:07Z |
ELIZABETHTOWN, Pa., Sept. 2, 2022 /PRNewswire/ -- This fall, Elizabethtown College's School for Graduate and Professional Studies (SGPS) will launch a Family Business Graduate and Entrepreneurship Certificate. Starting on Oct. 17, the first cohort will commence, which aims to foster students' entrepreneurial spirit through developing their skills in business ideation, leadership, strategic planning, management, and more.
"The new program places a unique focus on family business by incorporating elements of governance, group dynamics, and succession planning," Elizabethtown College's Vice President for Enrollment Management John F. Champoli said.
Through a partnership with the High Center for Family Business, one of the oldest and largest centers of its kind, a coach is available upon request throughout the completion of the certificate. These experienced individuals will provide students with expertise in developing business growth with actionable outcomes including:
- Evaluate the steps to start, innovate, and grow a business.
- Analyze the strategies involved in running a successful business.
- Articulate leadership skills and practices to optimize business performance.
- Critique governance structures and succession planning as a vital component of a business model.
- Develop a business plan on a new entrepreneurial business idea or possible innovation.
The 12-credit certificate includes four online courses which can be completed in as little as one year with innovative courses like "Dreams to Reality: Where are you in the business ownership cycle?", Strategy and Gaining a Competitive Edge, Leading as Your Business Grows, Dynamics, Governing, Managing, and Succession Planning. The certificate can also be stacked into Etown's 36-credit Master of Business Administration (MBA) and Master of Strategic Leadership (MSL) or our 32-credit Post-Professional Occupational Therapy Doctorate (OTD). Learn more about the program at etown.edu/SGPS.
Elizabethtown College, located in southcentral Lancaster County, Pennsylvania, is a private coed institution offering more than 50 health, science, engineering, political science business, communications, fine art and music, humanities, and education degrees. Discover more: etown.edu.
Since 1995, the S. Dale High Center for Family Business has always been dedicated to bringing the best available resources to families in businesses for south central Pennsylvania and beyond. Serving and strengthening privately-held and family-owned businesses through succession planning, executive leadership training and legacy building. Explore more: https://thehighcenter.com.
Contact:
Keri Straub
Associate Vice President for Marketing and Communications
Elizabethtown College
(717) 725-6907
straubk@etown.edu
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SOURCE Elizabethtown College | https://www.mysuncoast.com/prnewswire/2022/09/02/elizabethtown-colleges-school-graduate-amp-professional-studies-launches-family-business-entrepreneurship-graduate-certificate/ | 2022-09-02T14:20:15Z |
NEW YORK, July 15, 2022 /PRNewswire/ -- Today, global software investor Insight Partners announced the establishment of its Enterprise Technology Exchange, a council of preeminent technology leaders in Europe and North America, who will drive enterprise innovation and leadership alongside Insight's portfolio of startup and ScaleUp software companies.
The Enterprise Technology Exchange will identify and discuss technology trends, advise and innovate with the firm's companies and leverage global networks to bring valuable insights to the software sector and enterprise ecosystem. With members from leading Fortune 1000 companies, Insight Partners and its portfolio companies will have the opportunity to benefit from the decades of wisdom and experience the Enterprise Technology Exchange leaders bring to the table – in a trusted, private forum.
Insight Partners' Enterprise Technology Exchange comprises distinguished executives with exemplary leadership experience from across the globe, including:
- Boeing, Global CIO and Data Analytics Officer – Susan Doniz
- Bayer, Chief Information Technology & Digital Transformation - Bijoy Sagar
- Cigna, Global Chief Information Officer - Noelle Eder
- Deutsche Telekom, Group Chief Information Officer - Peter Leukert
- Mercedes-Benz Group, Global Chief Information Officer - Jan Brecht
- Reckitt, Chief Information and Digitization Officer - Filippo Catalano
- Schneider Electric, Global Chief Information Officer - Elizabeth Hackenson
- S&P Global, Global Chief Information Officer - Swamy Kocherlakota
- Walgreen Boots Alliance, Group Chief Information Officer - Francesco Tinto
- Zurich Insurance, Group Chief Information & Digital Officer - Ericson Chan
- Exchange Facilitator and former Chief Digital & Technology Officer at GSK - Karenann Terrell
"Today's announcement is the culmination of years of experience working with global technology leaders to help them access innovation that can bring about digital excellence and agility in their business operations. The knowledge transfer from startups and ScaleUps to enterprises, and vice versa, is invaluable to the vitality of the software sector and we are pleased to provide a forum for information exchange and learning between the innovation ecosystem and the corporate leaders of global business," said Elizabeth van den Berg, executive vice president at Insight Partners. "We are fortunate to convene this outstanding group of CIOs and we look forward to opportunities to collaborate on achieving common business goals for both emerging and established companies."
"I've spent my career learning how and working to drive innovation across a number of industries. I'm honored to be a part of the Enterprise Technology Exchange and to have this opportunity to continue that learning with such a distinguished group. I'm energized and motivated by our work on topics ranging from innovation and organizational transformation to new technical approaches and patterns that pave a smoother road to value creation." Noelle Eder, Global Chief Information Officer, Cigna
"Software is key for the digital transformation, not only for our company. ScaleUps play an important part in that, as they can be fast and innovative, while having proven to be relevant. I look forward to partnering with Insight and the leading CIOs in the industry as we explore with founders what will shape the future." Jan Brecht, Chief Information Officer, Mercedes-Benz Group
"Joining the Enterprise Technology Exchange is a privilege and an opportunity to engage with companies that are paving the way in developing break-through technologies to solve big problems. The team from Insight Partners is well versed in current and future challenges, which provides both tactical and strategic outlooks for the members. I am grateful to be part of a group of accomplished and inspiring leaders." Elizabeth Hackenson, Global Chief Information Officer, Schneider Electric
"Today's digital leaders and entrepreneurs are expected to navigate through uncertainty with agility, and through opportunity with velocity. The fusion of thought leadership between diverse global CIOs and founders of ScaleUps collectively creates a digital melting pot for applied innovation and value creation." Swamy Socherlakota, Global Chief Information Officer, S&P Global
"Throughout my career, I have always had an ambition to use technology to shape the future and support the development of various products and capabilities to inspire and benefit all stakeholders. Being a part of Insight Partners' Enterprise Technology Exchange is truly an acceleration of that work." Francesco Tinto, Global Chief Information Officer, Walgreen Boots Alliance
This Enterprise Technology Exchange follows on the heels of Insight Partners' Government Advisory Board which seeks to connect Government leaders with ScaleUps. Insight believes that with the right strategic partner and access to a dynamic global network, software companies can drive an outsized impact on the economy and job creation, and the Government Advisory Board and Enterprise Technology Exchange are pivotal to executing this powerful opportunity.
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of February 24, 2022, the closing of the firm's recent fundraise, Fund XII, brings Insight Partners' regulatory assets under management to over $90B. Insight Partners has invested in more than 600 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Insight Partners supports great software leaders at all stages of their growth journey, from first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on Twitter @insightpartners
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SOURCE Insight Partners | https://www.wibw.com/prnewswire/2022/07/15/insight-partners-announces-enterprise-technology-exchange-drive-unparalleled-innovation-leadership-within-enterprise-software-sector/ | 2022-07-15T13:32:38Z |
SINGAPORE, May 23, 2022 /PRNewswire/ -- Encentive.io, a protocol which enables developers to build their own decentralized exchange (DEX) and offer comprehensive DeFi functionality, has announced that it has launched on Arbitrum, a leading Ethereum Layer-2 scaling solution developed by Offchain Labs. Developers building on Arbitrum will be able to set up their own DEX and offer DeFi services such as staking pools, air drops, lending and yield products using the shared liquidity system that Encentive provides.
About Arbitrum:
Arbitrum is a leading Ethereum Layer-2 scaling solution developed by Offchain Labs. An Optimistic Rollup, Arbitrum provides ultra-fast, low-cost transactions with security derived from Ethereum. Launched in August 2021, the Arbitrum One mainnet beta now has $4B+ TVL and 300+ DeFi and NFT projects live in the ecosystem. Arbitrum One is fully EVM-compatible to the bytecode level. With the upcoming Nitro upgrade and the release of AnyTrust Chain, Arbitrum will further reduce costs and optimize performance.
Website: https://arbitrum.io
Twitter: https://twitter.com/arbitrum
Discord: https://discord.gg/arbitrum
About Encentive:
Encentive is the Web3 OS. Encentive host network, application and business layers enable one-click deployment of Web3 applications including DeFi,NFT,GameFi and more. Encentive also creates the world's first Fiat-DeFi payment system while open to third-party integrations of cross-chain bridge,derivatives and more.
Encentive provides an all-in-one multi-chain experience for customers and reduces the entry barrier of Web3 ecosystem for businesses. Our vision is to provide Web3 services to billions of Web3 users.
Website: https://encentive.io
Twitter: https://twitter.com/Encentive_io
Telegram: https://t.me/Encentive_official
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SOURCE Encentive | https://www.kxii.com/prnewswire/2022/05/23/encentive-has-been-launched-arbitrum/ | 2022-05-23T09:35:03Z |
Gas prices jump for 5th straight week
(Gray News) – The national average price of gas went up 11 cents from a week ago, making this the fifth straight week of rising prices.
According to GasBuddy, the national average is $4.57 a gallon, which is up 45.4 cents from a month ago and $1.55 per gallon higher than a year ago.
On the other hand, GasBuddy reports the national average price of diesel fell slightly by 1.7 cents and stands at $5.53 per gallon.
“Gasoline prices surged over the last week to new record highs but have finally started to slow their rise with diesel also finally cooling off,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
Drivers in Alaska saw the highest week-to-week price increase of 31 cents, according to AAA.
Though all states are average over $4 per gallon, AAA reports Oklahoma is the nation’s least-expensive market with the average cost of fuel sitting at $4.04.
“While the coast isn’t clear yet, and prices will be at their highest Memorial Day level ever, I’m hopeful that we could avoid a dreaded national average of $5 per gallon this year,” De Haan said. “Whether or not we’re able to depends on Americans cutting demand in the face of sky-high prices.”
Russia’s invasion of Ukraine in late February sent prices surging as investors braced for oil supply disruptions caused by the war and embargoes on Russian energy.
The Biden administration responded by unleashing a record amount of oil from U.S. emergency oil stockpiles, announcing March 31 that 1 million barrels a day would be released for six months.
The ongoing effort helped cool oil and gasoline prices off for a bit, but the relief was fleeting and relatively minor.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/23/gas-prices-jump-5th-straight-week/ | 2022-05-23T15:58:51Z |
Brands like High Noon, Cutwater and Smugglers' Notch Distillery will be easier for legal-age consumers to purchase
BURLINGOTN, Vt., June 22, 2022 /PRNewswire/ -- Following a formal announcement by The State of Vermont, beverages categorized as Ready-to-Drink (RTD) cocktails will be transitioning to Vermont's private sector on July 1, 2022. This marks a significant legal change from previous policy, whereby RTDs could only be distributed and sold by the 80 802-agency liquor outlets located throughout the state. Starting next month, traditional class 1 and 2 licensed establishments will be able to stock and sell RTDs without requiring any changes to their licenses.
As the names suggests, RTDs are cocktails that come prepared in a can or bottle, ready for consumption. They are commonly enjoyed chilled or over ice—consumers simply pop them open and enjoy. The two most popular types of RTDs are:
- Seltzer-centric beverages including those infused with vodka or other spirits.
- Premixed Cocktails such as Bloody Marys, Mai Thais or Whiskey Sours.
Consumers that buy RTDs especially value the product's convenience and quality consistency, but they also cite variety and overall enjoyment as major drivers of their purchases. While RTDs have enjoyed the highest popularity among consumers ages 22-44, the category is seeing steady growth among older drinkers, particularly women. In fact, a recent survey has shown that nearly 1 in 5 female consumers drink premixed wine-based RTDs.
In recent IRi reporting, leading RTD cocktail brand High Noon has seen growth of 162%, giving it 70% market share of the Seltzer-centric Spirit Based category nationally. In the Premixed Cocktail category, Cutwater brand enjoys #1 spot along with a growth rate of 120% and a 38% share nationally.
Once the change to the law is in effect, RTDs up to 12% abv and in containers up to 24oz will be available for wholesale purchase from Farrell Distributing. Brands launching July 1st will include High Noon, 'Merican Mule, Fabrizia, and Spirit Fruit, soon to follow later in the month will be Canteen, Cutwater, NÜTRL, Absolut, Malibu, Jameson, Right Coast Sprits Vodka Whips, Devil's Backbone, and Cantina with local producers Smugglers' Notch Distillery, and Arts Riot hitting markets in early Fall.
"The change is welcome news to retail outlets that are especially eager to meet the changing needs and interests of their shoppers," said Chris Vance, Director of Sales for Farrell Distributing. "The timing couldn't be more perfect as we head into the long July 4th weekend and summer gatherings are kicking into high gear."
Farrell Distributing is a fourth-generation Vermont family business with a strong commitment to serving our customers, our employees, and our community. We proudly distribute high-quality beer, wine, and non-alcoholic beverages to retailers throughout the Green Mountain State. With facilities in both South Burlington and Rutland, and a large workforce, we are equally equipped to cater to the needs of different types of retailers – from national corporations to large and small independent stores to fine dining establishments. We are pleased to be able to bring variety, value, and choice to our customers, regardless of their location.
Throughout our history, Farrell Distributing has maintained a strong commitment to social responsibility, participating in responsible drinking campaigns and partnering with local organizations to help those in need throughout Vermont. Learn more about our commitment to community, responsibility campaigns, and news/events at FarrellDistributing.com
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SOURCE Farrell Distributing | https://www.wibw.com/prnewswire/2022/06/23/ready-to-drink-cocktails-become-available-vermonts-commercial-retail-outlets/ | 2022-06-23T02:28:39Z |
SHANGHAI, Aug. 18, 2022 /PRNewswire/ -- Nuance Pharma ("the Company") announces the Center for Drug Evaluation ("CDE") has approved its Investigational New Drug ("IND") application supporting its pivotal clinical trial of Ensifentrine for the maintenance treatment of chronic obstructive pulmonary disease ("COPD") in mainland China.
Ensifentrine is a first-in-class, dual inhibitor of the enzymes phosphodiesterase 3 and 4 ("PDE3" and "PDE4") combining bronchodilator and anti-inflammatory activities in one compound. This activity has the potential to alleviate respiratory symptoms such as breathlessness and cough, as well as providing anti-inflammatory benefits for those with COPD.
On August 9th, 2022, Verona Pharma announced its ENHANCE-2 Phase III trial evaluating nebulized Ensifentrine for the maintenance treatment of COPD met its primary endpoint, as well as secondary endpoints demonstrating improvements in lung function, and significantly reduced the rate and risk of COPD exacerbations. Verona Pharma expects to report top-line results from its ongoing ENHANCE-1 Phase III trial around the end of the 2022 and, if similarly positive, plans to submit a New Drug Application to the US Food and Drug Administration for Ensifentrine in 1H2023.
Under this Ensifentrine Chinese IND approval, conduction of both Phase I and Phase III studies in China are granted. According to Dr. Haijin Meng, CMO of Nuance Pharma, the company is planning to conduct a Phase I study to evaluate the detailed pharmacokinetic characteristics of Ensifentrine in healthy Chinese volunteers. Meanwhile, the pivotal Phase III study is a randomized, double-blind, placebo-controlled study to evaluate the efficacy and safety of Ensifentrine over 24 weeks in patients with moderate to severe COPD. "We are thrilled to introduce this first-in-class molecule to China and give our Chinese investigators and subjects the opportunity to participate in the global clinical development of this novel molecule and to evaluate how to apply it to Chinese COPD clinical setting properly," she said.
In 2021, Nuance Pharma entered into an agreement with Verona Pharma with a potential value of up to $219 million, granting Nuance Pharma exclusive rights to develop and commercialize Ensifentrine in Greater China (mainland China, Hong Kong, Macau and Taiwan). In return, Verona Pharma received an upfront payment of USD 25 million in cash and an equity interest valued at USD 15 million. Meanwhile, Verona Pharma is eligible to receive future milestone payments as well as double-digit royalties as a percentage of net sales in Greater China.
"This is a significant milestone for Nuance Pharma, and we are confident that we will achieve solid and inspiring progress for the development of Ensifentrine in China," commented Mark G. Lotter, CEO and Co-Founder of Nuance Pharma. "COPD is the fifth leading cause of death in China with a reported prevalence of 8.2% in the population aged 40 years and above. We strongly believe Ensifentrine will be an effective COPD therapy to address the unmet medical needs in mainland China."
"We are pleased our development partner, Nuance Pharma, has received IND approval to begin pivotal studies in COPD with Ensifentrine in mainland China," said David Zaccardelli, Pharm. D., President and Chief Executive Officer of Verona Pharma. "This is an important milestone and, based on our recent positive Phase 3 results from our ENHANCE-2 trial in COPD, we remain confident about the potential of Ensifentrine to address the urgent global need for a novel treatment for COPD."
About Ensifentrine
Ensifentrine (RPL554) is an investigational, first-in-class, dual inhibitor of the enzymes phosphodiesterase 3 and 4 ("PDE3" and "PDE4") that combines bronchodilator and anti-inflammatory activities in one compound. In Phase 2 clinical studies in COPD, Ensifentrine has shown significant and clinically meaningful improvements in lung function, symptoms and quality of life as a monotherapy or added onto a maintenance bronchodilator. In the Phase 3 ENHANCE-2 clinical trial, Ensifentrine showed significant and clinically meaningful improvements in lung function measures and reduced the rate of COPD exacerbations. Ensifentrine has been well tolerated in clinical trials involving more than 2,200 subjects to date.
About Nuance Pharma
Nuance Pharma is a patient-centric and innovation focused biopharmaceutical company, with both clinical and commercial stage assets. Founded by Mark Lotter in 2014, with the mission to address critical unmet medical needs in Greater China and Asia Pacific, Nuance's portfolio represents a differentiated combination of commercial stage and innovative pipeline assets across respiratory, pain management, emergency care and iron deficiency anemia. Focusing on specialty care, Nuance deploys the Dual Wheel model that incubates a late clinical stage innovative portfolio, while maintaining a self-sustainable commercial operation.
About Verona Pharma
Verona Pharma is a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for the treatment of respiratory diseases with significant unmet medical needs. If successfully developed and approved, Verona Pharma's product candidate, Ensifentrine, has the potential to be the first therapy for the treatment of respiratory diseases that combines bronchodilator and anti-inflammatory activities in one compound. The Company is evaluating nebulized ensifentrine in its Phase 3 clinical program ENHANCE ("Ensifentrine as a Novel inHAled Nebulized COPD thErapy") for COPD maintenance treatment. Ensifentrine met the primary endpoint in ENHANCE-2 demonstrating a statistically significant and clinically meaningful improvement in lung function. In addition, Ensifentrine significantly reduced the rate of COPD exacerbations in the ENHANCE-2 trial. Two additional formulations of Ensifentrine are in Phase 2 development for the treatment of COPD: dry powder inhaler ("DPI") and pressurized metered-dose inhaler ("pMDI"). Ensifentrine also has potential applications in cystic fibrosis, asthma and other respiratory diseases. For more information, please visit www.veronapharma.com.
Forward-looking statements
This announcement includes forward-looking statements that involve risks, uncertainties and other factors, many of which are outside of our control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Forward-looking statements include statements concerning our plans, objectives, goals, future events, performance and/or other information that is not historical information. All such forward-looking statements are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. We undertake no obligation to publicly update or revise forward-looking statements to reflect subsequent events or circumstances after the date made, except as required by law.
Contacts
Nuance Pharma
Verona Pharma PLC.
Victoria Stewart, Director of Investor Relations and Communications, info@verona.com, Tel: +44 (0)203 283 4200
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SOURCE Nuance Pharma Limited | https://www.mysuncoast.com/prnewswire/2022/08/19/nuance-pharma-announces-clearance-ind-application-ensifentrine-pivotal-clinical-trials-copd-china/ | 2022-08-19T03:49:47Z |
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