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Senate Minority Leader Mitch McConnell (R-Ky.) is signaling more sharply than ever that Republicans’ performance in the midterm elections may not be as strong as the party had hoped, dampening GOP hopes for a Senate takeover.
During a stop in Kentucky on Thursday, McConnell conceded that the House has a better chance of flipping red than the Senate — a statement that, while in line with election forecasts, shows just how concerned Republicans are becoming about races in the upper chamber less than three months before the midterm elections.
“I think there’s probably a greater likelihood the House flips than the Senate,” McConnell told reporters when asked about his midterm expectations, according to NBC News.
“Senate races are just different — they’re statewide, candidate quality has a lot to do with the outcome,” he added.
McConnell’s remarks were a clear reference to candidates endorsed by former President Trump in Pennsylvania, Ohio, Arizona and Georgia who are trailing their Democratic opponents in at least some recent polls.
On Thursday, the nonpartisan Cook Political Report changed its rating for the Pennsylvania Senate race from “toss up” to “lean Democrat,” signaling headwinds for Republican Mehmet Oz in his race against Lt. Gov. John Fetterman (D).
The shift came amid the crudité controversy in the Keystone State. Oz came under fire after Fetterman’s campaign recirculated a video the TV doctor posted in April showcasing him grocery shopping for crudité in an effort to show the effects of inflation.
The Democratic campaign seized on the video, with the candidate writing on Twitter “In PA we call this a … veggie tray,” the most recent move in his attempt to paint Oz as a carpetbagger from New Jersey.
Fetterman’s team said it had raised more than $500,000 in the 24 hours after the video went viral. The lieutenant governor remains comfortably ahead of Oz in FiveThirtyEight’s average average, 49.1% to 37.7%.
Republican worries in Ohio’s Senate race also became clearer this week when the Cleveland Plain Dealer reported that the McConnell-aligned Senate Leadership Fund was dumping $28 million into the state for television and radio ads boosting “Hillbilly Elegy” author J.D. Vance, the Republican Senate candidate battling with Rep. Tim Ryan (D-Ohio).
The investment marked a large jump from the roughly $5 million national Republicans had previously funneled into the race. Ryan has a slight edge on Vance, 43.9% to 42.7%, according to FiveThirtyEight’s average of polls.
In Georgia, GOP nominee Hershel Walker has struggled to pull ahead of incumbent Sen. Raphael Warnock (D). Walker, a former college football Heisman Trophy winner, was forced into the spotlight for various falsehoods and amid revelations that he has more children than was publicly known.
In Arizona, Sen. Mark Kelly (D) has a polling lead on Republican Blake Masters, who is backed by Trump. Kelly is up 50.3% to 42% in the FiveThirtyEight average of polls.
McConnell — who in November said he was “optimistic” that the 2022 midterm elections would be “very good” for Republicans — has been managing expectations for months. In April, he said it was “actually possible” for Republicans to “screw up” in November, despite a perfect storm brewing for the GOP, including low approval ratings for President Biden and elevated inflation.
Earlier this month, he predicted during a television interview that the Senate race in November would be “very tight.”
“I think when this Senate race smoke clears, we’re likely to have a very, very close Senate still, with us up slightly or the Democrats up slightly,” he said.
Since then, the outlook has worsened for Republicans, with more candidate controversies and concerning polls plaguing the party.
And McConnell’s latest prognosis shows that he is taking note.
“Right now, we have a 50-50 Senate and a 50-50 country, but I think when all is said and done this fall, we’re likely to have an extremely close Senate, either our side up slightly or their side up slightly,” McConnell said in Kentucky on Thursday.
Democrats are favored to win the Senate 64% to 36%, according to FiveThirtyEight.
“I think what McConnell said is objectively true, but it has been objectively true,” Scott Jennings, who previously worked for the Kentucky Republican, told The Hill in an interview.
“Going back several months, it was pretty obvious that everybody, including the forecasters, said that it was gonna be a much easier and expected thing for the Republicans to take over the House,” he added.
The Senate map makes things tougher for Republicans in this cycle, despite positive national headwinds.
The handful of states that will ultimately determine control of the Senate are mostly contests in places where Biden won in 2020 over Trump. Republicans are also defending open seats in Pennsylvania and Ohio, while trying to take out Democratic incumbents in other swing states.
“The Senate map just wasn’t as good,” Jennings said. “Obviously the environment is good, but the Senate map just isn’t as hospitable to a takeover as it is in the House.”
“The midterms were always going to be challenging under the best of circumstances because of the nature of the map and how many of these competitive races were taking place, purple and blue states, like Pennsylvania and Wisconsin that have historically gone Democrat more often than Republican in the last 30 years,” Republican strategist Colin Reed told The Hill.
Strategists also noted that a number of these GOP nominees emerged from fierce primaries bruised, and are still reeling from the competition.
“It’s pretty apparent in the polling that they’re still suffering some hangover from the brutality of these primaries,” Jennings said, pointing to the fierce intraparty races won by Vance and Oz in Ohio and Pennsylvania.
Zeroing in on Oz — who bested former hedge fund CEO David McCormick — Jennings said the primary race “took a real toll on his image.”
“It’s just gonna take some time to repair that, and get him back to a place where he can fundamentally operate,” he added.
Candidates also need to “tailor [their] message accordingly” following the GOP primaries, according to Reed. He emphasized the need for Republicans to move away from re-litigating the 2020 presidential election.
“Those folks who are unable to kind of make that pivot and make those adjustments are the ones that struggle,” the strategist said.
With just over 80 days to go until the elections, strategists noted that there is plenty of time for GOP candidates to course-correct and gain steam in the polls.
But Republicans are still prepared for the fate of the Senate to come down to the wire.
“It’s very easy to see that the Republican majority in the Senate next year is a coin flip, at best, and far from a sure thing,” Reed said. | https://cw33.com/hill-politics/gops-senate-outlook-grows-dimmer-amid-candidate-quality-concerns-polling-shows/ | 2022-08-20T19:48:39Z |
The Society of Presidential Pollsters Founder Will Discuss "American Government in the 21st Century" Annual Poll Results
WASHINGTON, Sept. 7, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW) Chairman and CEO Mark Penn will be a featured speaker at The George Washington (GW) University's "Reinvigorating Democracy" event next Wednesday, Sept. 14, 2022. The GW Graduate School of Political Management (GSPM) Society of Presidential Pollsters will reveal the results of the latest "American Government in the 21st Century" annual survey, that takes the pulse of the American people on a wide range of issues related to how elected officials and public institutions are serving them.
As the society's founder, Penn will discuss his analysis in conversation with GSPM Founding Dean Christopher Arterton, followed by a question-and-answer session. The panel is part of the GSPM's "Reinvigorating Democracy" one-day event on the future of politics from practitioners on the Hill.
The panel will take place 12:30-1:40 p.m. at the Milken Institute School of Public Health. Interested attendees can register here.
To hear more on the latest in political insights, please visit the "Harvard Harris Poll Debrief with Mark Penn and Bob Cusack" podcast, in which Penn and The Hill Editor-in-Chief Bob Cusack discuss the latest Harvard CAPS / Harris Poll (Harvard's Center for American Political Studies and Harris Insights and Analytics), released monthly.
About Stagwell
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
Media Contact:
Sarah Arvizo
pr@stagwellglobal.com
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SOURCE Stagwell Inc. | https://www.kxii.com/prnewswire/2022/09/07/stagwell-stgw-chairman-ceo-mark-penn-speak-george-washington-universitys-reinvigorating-democracy/ | 2022-09-07T19:29:42Z |
The first and only festival of its kind celebrating birth workers, caregivers and families. Health experts, policy leaders, and community members will center maternal and reproductive health, and amplify solutions!
BROOKLYN, N.Y., May 19, 2022 /PRNewswire/ --
WHAT: The Doula Expo is a daylong festival curated by Mama Glow that brings together leading experts, health institutions, businesses, entrepreneurs, industry leaders, birth workers and families. The groundbreaking event will explore critical topics along the reproductive continuum, and discuss how we build a future where birth is safe and equitable for all. The event features: Main stage talks, interactive booths, lounge spaces, and more.
WHO: Over 40 brand partners including: March of Dimes, Kate Spade New York, Carol's Daughter, Bobbie, Kin Euphorics, and more.
EMCEES: Karyn Parsons, actress, best-selling author, best known for her role as Hilary Banks on the iconic NBC sitcom The Fresh Prince of Bel-Air. And Latham Thomas, founder of Mama Glow
WHEN: Saturday, May 21, 2022, 10-6 PM at 25 KENT, Williamsburg, Brooklyn
RSVP: Gagan@MamaGlow.com
Some featured content from the day:
11:20 AM Brooklyn Borough President Antonio Reynoso, head of the Maternal Health Task Force will give official remarks, he is committed to making Brooklyn one of the safest places to give birth.
11:30 AM Stacey Brayboy, SVP of Policy and Government Affairs, March of Dimes, will lead a panel discussion with community stakeholders addressing policy gaps in maternal and infant health.
12:00 PM Melissa Hannah, JD, MBA, CEO, of Mahmee, and Kimberly Seals Allers, founder, of Irth App (yelp for birth) will be in conversation lifting up the importance of Black femme tech founders in cultivating solutions for Black maternal health.
12:30 PM Jillian Hervey, multidisciplinary artist, front woman of Lion Babe, will share her personal birth experience and the value of doulas, followed by a special solo musical performance.
1:30 PM Charlamagne tha God, New York Times Bestselling Author and Co-host of Power 105.1, The Breakfast Club and Charles Johnson IV, maternal health advocate, will be in conversation about the impact of the Black maternal health crisis on fathers and our community.
2:00 PM Elieke Kearns, Medical Affairs Lead of Bobbie, a new organic infant formula company, will lead an important conversation grounded in infant feeding solutions, which is especially important given country-wide formula shortages.
2:30 PM Dr. Leslie Saltzman, Chief Medical Officer, Ovia Health, will speak about the latest research on fertility while dispelling widespread myths and misperceptions.
3:00 PM Lisa Price, founder, Carol's Daughter, will discuss the Black maternal health initiative, 'Love Delivered'. Carol's Daughter has partnered with the Mama Glow Foundation to fund doula services in 5 major US cities.
4:00 PM Boram Nam, founder of Boram, a new postnatal retreat concept in the Langham hotels, will be in conversation about the importance of postpartum rest and recovery, in a culture of no paid parental leave.
About The Doula Expo
Conceived by world-renowned doula Latham Thomas – the founder of Mama Glow and co-founder of the Mama Glow Foundation – the Doula Expo by Mama Glow is a day-long festival that supports birth professionals and families and prioritizes education, connection, and community. The inaugural Doula Expo event took place in October 2021 in Brooklyn and hosted over 400 attendees.
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SOURCE Mama Glow | https://www.wibw.com/prnewswire/2022/05/19/doula-expo-by-mama-glow/ | 2022-05-19T12:58:39Z |
ALL-AGES FRIGHTFULLY FUN & IMMERSIVE EXPERIENCE BRINGS THE ENTIRE HOLIDAY TO LIFE IN ONE BEWITCHED EXPANSIVE PLACE
LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- The Experiential Supply Co., an innovative experiential productions and attractions company that drives high profile viral destination experiences, and Fever, the global entertainment discovery platform, today announced the return of their groundbreaking, one-of-a-kind Halloween experience: Haunt O' Ween LA. The fully immersive spooktacular event will take place September 30th-October 31st, 2022 at 6100 Topanga Canyon Blvd. in Woodland Hills, California. Hundreds of thousands of guests are expected to enjoy over 200,000 square feet of the most over-the-top, spooky fun, and authentic Halloween environments in the entire country. The state-of-the-art event also is expanding nationally this season with a new New Jersey location.
All Hallows Eve, by its very nature and origin, has always been communal - bringing people together for the shared escapade of turning fear into fun. Though the past two years have put a wrinkle in that, Haunt O' Ween's epic concept is one of the first in the country to put the entire holiday on display in one place - in one very vast and unique format.
Comprised of nine distinctive and wholly immersive worlds, Haunt O' Ween LA lets guests adventure through the massive grounds with thousands of photo ops, over 25 live character performers that they can engage and interact with, face painting, rides, games, trick-or-treating, dancing, and more. Additionally, there is no time limit, so guests are welcome to stay for hours and enjoy all the ghoulish mayhem.
New attractions for 2022 include: Dance Domes in Beyond The Grave Rave, more rides, games, and even more candy. The organizers have spent almost $1,000,000 on candy this year - all to trick and treat the attendees. Live music, stunt performances, and pumpkin carving will also thrill guests this year.
"We've worked very hard this year to put on the country's largest and most magical Halloween experience for all ages. Over 200,000 square feet of immersive thematics flooded with interactivity, all built on the foundation of Halloween – trick-or-treating, pumpkins, costumes, and spooky fun," said Jasen Smith, Experiential Supply Founder & Chief Experience Officer. "We cannot wait to welcome thousands of families in the Southern Cal and New Jersey area this year to our massive creation. Make sure to bring your sweet tooth this year!"
Experiential Supply was born in the entertainment industry, putting on large scale experiences for film studios in Hollywood. From themed interactive screenings to multimillion-dollar micro theme parks to promote theatrical releases, the events were always free to attend and promotional in nature. Once the pandemic hit, the company began creating their own experiences - Haunt O' Ween LA was born in October 2020. The original experience was designed as a drive-thru to make sure kids could still trick or treat. Cars would drive from house to house (that were built by the company) and candy was quite literally dumped into their cars. Similarly crafted events are their Christmas Wonderland and Sugar Rush - a candy-inspired Wonka-like world.
In 2021, Haunt O' Ween LA transformed into an in-person format, focusing on the engaging nature of Halloween and immersing guests in a myriad of activities. Over 100,000 attendees received over 3,000,000 pieces of candy.
"This is about families having a safe and incredibly fun place to enjoy the holiday and there's just nothing like it." adds Smith.
There will be plenty of food and beverages available so that families can enjoy a full night out. Past sponsorships include FX - What We Do in The Shadows, Warner Bros. Pictures The Witches, KiwiCo, Happy Dad Hard Seltzer, Malibu Wines, and The Addams Family 2.
The Haunt O' Ween LA experience is brought to you by Experiential Supply and Fever, two experts in their fields. Combining their decades of experience, the companies have partnered to curate this innovative production while they continue to conquer and elevate the immersive space together.
Tickets start at $40. Tickets can be purchased at www.hauntoween.com. For a taste of all Haunt O' Ween LA has to offer, please visit: https://vimeo.com/627608821
Experiential Supply is an award-winning company to which the Hollywood film industry turns when it comes to creating large-scale, immersive experiences for such big budget movies as IT: Chapter 2, Ready Player One, The LEGO Movie, Smallfoot, and more!
Fever is the leading global live-entertainment discovery platform, helping millions of people every week to discover the best experiences in their cities, with a mission to democratize access to culture and entertainment in real life. Through its platform, Fever inspires users to enjoy unique local experiences and events, from immersive exhibitions, interactive theatrical experiences, festivals, to molecular cocktail pop-ups, while empowering creators with data and technology to create and expand experiences across the world.
Contact:
Shae Savin
Experiential Supply
732-691-8559
Info@experientialsupply.com
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SOURCE Experiential Supply | https://www.kxii.com/prnewswire/2022/08/16/haunt-o-ween-la-returns-southern-cal-bigger-spookier-amp-more-interactive-than-ever/ | 2022-08-16T18:42:58Z |
HOUSTON, June 15, 2022 /PRNewswire/ -- HillDay taps small business development industry veteran Roger Harris as its HillDay Industries, Inc. vice president to lead its supplier diversity, contract compliance, workforce development, and business development services for its clients.
"We are pleased to have Roger join the HillDay team. He is a dynamic and respected member of the supplier diversity and compliance community who brings a wealth of knowledge and a proven track-record of strengthening the services we provide to our clients and the small business industry. He has helped small businesses grow and meet the stringent compliance requirements of the private and public sectors," said HillDay President and CEO Argentina M. James.
Harris has a 30-year career dedicated to small business development, outreach, and compliance services for public agencies and private businesses. As the External Affairs Manager for the City of Houston Office of Business Opportunity (OBO), Harris helped OBO significantly increase the number of certified minority-owned, women-owned, small, and disadvantaged business enterprises (MWSDBE), and led educational and outreach initiatives for 2,200 certified firms. Harris led the start-up of the Houston MBDA Business Center operated by Houston Community College. This organization is funded by the United States Department of Commerce to help minority-owned enterprises have increased access to contracts, capital, and global markets. Under his leadership, the Center was able to achieve an outstanding rating in its first year of operation. Harris also managed Business Development efforts for Turner Construction Company. Prior to joining HillDay, Harris led Houston First Corporation's award-winning Supplier Diversity and Compliance program as its Development Specialist Manager.
"The Greater Houston area is a dynamic and growing market with billions of dollars in business opportunities for adept small businesses. My focus has been to match small businesses opportunities, build capacity to help them meet the demands placed on businesses, especially those operating in the public sector," said Harris. "I am looking forward to leading and growing HillDay's talented team as we manage our owner's representative, construction-management-at-risk (CMAR), and prime contractor clients with their supplier diversity, contract compliance, and workforce development needs.
Harris holds a Bachelor of Business Administration-Finance degree from the University of Houston-Downtown and is a NASBITE International certified global business professional. He serves on the board of Lone Star State Capital Corporation, is the NAACP Houston Branch Economic Development chair, and an American Leadership Fellow.
HillDay Public Relations, Inc. "HillDay" is an independent Houston-based full-service public relations and advertising consulting agency. Through its subsidiary dba HillDay Industries, Inc., HillDay provides supplier diversity, contract compliance, workforce development services and program management services. Since 2010, HillDay has been steering decisions that help its clients reach their strategic business objectives and desired results. HillDay's proven track-record includes the delivery of award-winning services and programs for public involvement, communications, creative services, supplier diversity, contract compliance, and workforce development for projects with a combined value of $19 billion.
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SOURCE Hillday Public Relations, Inc. | https://www.wibw.com/prnewswire/2022/06/15/hillday-name-roger-harris-vp-lead-supplier-diversity-compliance-amp-workforce-development/ | 2022-06-15T21:25:03Z |
- UK-based Albumedix Ltd. is a leader in the field of recombinant albumin-based solutions and a highly innovative and profitable company
- Recombinant human albumin is a critical component in the manufacture of innovative biopharmaceuticals, particularly for modalities such as cell therapies, viral therapies and vaccines
- Sartorius Stedim Biotech will acquire all outstanding shares of Albumedix Ltd. for approximately £415 million
AUBAGNE, France, Aug. 8, 2022 /PRNewswire/ -- Sartorius Stedim Biotech, a leading international partner of the biopharmaceutical industry, has agreed to acquire 100 percent of Albumedix Ltd. from private investors. The Nottingham, UK-based company provides best-in-class recombinant albumin-based solutions. Recombinant human albumin is an important component for the biopharmaceutical industry required for various applications, for example as an animal-free additive to cell culture media and for the stabilization of vaccines and viral therapies. The business, founded in 1984, has more than 100 employees and is expected to generate revenue of approximately £33 million in 2022 with a significant double-digit EBITDA margin. The agreed purchase price amounts to approximately £415 million. The transaction is subject to regulatory approval and is expected to close before the end of the third quarter of 2022.
"Albumedix will be an important addition to Sartorius Stedim Biotech's advanced therapy solutions, particularly regarding our cell culture media business, as it will enable us to strengthen our position as a relevant supplier of innovative chemically defined media and critical ancillary materials. This market offers high growth potential due to the increasing regulatory requirements as well as rising demand for the use of recombinant human albumin in near-patient applications. Albumedix will also add important formulation excipients to our vaccine production solutions, allowing us to expand our existing customer relationships and forge new ones," said René Fáber, member of the Board of Directors and Deputy CEO of Sartorius Stedim Biotech.
"We are delighted to be joining forces with Sartorius Stedim Biotech and look forward to accelerating our ambitious growth plans in delivering critical solutions to our global customers. We have been highly impressed with Sartorius Stedim Biotech's knowledge and capabilities in the bioprocessing markets, and we are excited to join this purposeful journey. We believe Sartorius Stedim Biotech will bring tremendous value in strengthening our market reach and broadening our innovation capacity, as well as significantly scaling up our existing platform. We remain focused on our promise of empowering excellence in the life science industry," said Jonas S. Møller, CEO of Albumedix.
The existing 72,000-square-foot Albumedix site in Nottingham will be established as a center of excellence for innovation and GMP-compliant production of critical raw materials in Sartorius Stedim Biotech.
Milbank LLP provided legal counsel to Sartorius Stedim Biotech in this transaction. William Blair acted as financial advisor to Albumedix, and Eversheds Sutherland provided legal counsel.
This press release contains forward-looking statements about the future development of the Sartorius Stedim Biotech Group. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Sartorius Stedim Biotech assumes no liability for updating such statements in light of new information or future events. This is a translation of the original French-language press release. Sartorius Stedim Biotech shall not assume any liability for the correctness of this translation. The original French press release is the legally binding version.
A profile of Sartorius Stedim Biotech
Sartorius Stedim Biotech is a leading international partner of the biopharmaceutical industry. As a total solutions provider, the company helps its customers to manufacture biotech medications safely, rapidly and economically. Headquartered in Aubagne, France, the shares of Sartorius Stedim Biotech S.A. are quoted on the Euronext Paris. With its own manufacturing and R&D sites in Europe, North America and Asia and an international network of sales companies, Sartorius Stedim Biotech has a global reach. The Group has been annually growing by double digits on average and has been regularly expanding its portfolio by acquisitions of complementary technologies. In 2021, the company employed more than 10,400 people, and earned sales revenue of around 2.89 billion euros.
Contact Media Relations
Philipp Grontzki
Head of External Communications
+49 (0)551.308.5581
philipp.grontzki@sartorius.com
Contact Investor Relations
Petra Müller
Head of Investor Relations
+49 (0)551.308.6035
petra.mueller2@sartorius.com
Follow Sartorius Stedim Biotech on Twitter @Sartorius_Group and on LinkedIn.
Logo - https://mma.prnewswire.com/media/1123369/Sartorius_Logo.jpg
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SOURCE Sartorius Stedim Biotech S.A. | https://www.wibw.com/prnewswire/2022/08/08/sartorius-stedim-biotech-acquire-albumedix-strengthening-its-portfolio-innovative-advanced-therapy-solutions/ | 2022-08-08T16:55:46Z |
WATERLOO, ON, May 18, 2022 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today provided its long-term financial targets in connection with its annual analyst summit event.
The company released the following guidance:
- Revenue Targets:
The Company is targeting:
- An average 100+ basis points increase in non-GAAP gross margin per year to FY27.
- Non-GAAP operating margin of approximately 20% by FY27.
- Investing approximately 30% of revenue on Research & Development in FY23.
- To be modestly non-GAAP EPS and cashflow negative in FY23 due to investment plans.
- To be approaching breakeven non-GAAP EPS and cashflow in FY24.
- To generate positive non-GAAP EPS and cashflow beginning in FY25.
IoT:
- IoT Serviceable Addressable Market (SAM) is expected to grow at approximately 8-12% per year from FY23 to FY26.
- Revenue growth for the IoT business unit is expected to exceed the market growth rate resulting in an increase in market share above the current level of 26% in core automotive domains.
- Revenue from production-based royalties is expected to grow faster than revenue from the pre-production design phase, increasing the portion of total revenue from royalties.
- The SAM for BlackBerry IVY is expected to be approximately $800 million in FY25.
- BlackBerry is targeting its first IVY design wins in FY23.
Cybersecurity:
- The SAMs for endpoint security and managed cybersecurity services are expected to grow at 15% and 14%, respectively, per year to FY27.
- Revenue for the Cybersecurity business unit, excluding UEM, is expected to grow with a 5-year CAGR of approximately 16% to FY27.
- Churn in the UEM customer base is expected to negatively impact revenue and Annual Recurring Revenue (ARR) in FY23, but the impact is expected to become less significant from FY24 onwards.
- Approximately 20% of the UEM customer base is in non-core verticals, and those customers, representing annual revenue in the region of $40 million, are exhibiting higher than average churn.
- Approximately 64% of the Cylance customer base currently buys 1 Cylance module, and approximately 27% buy 2 modules. Management is targeting selling additional modules to these customers.
The presentation used during the financial session of the analyst summit, held at 4pm ET today, can be found on the BlackBerry.com/Investors website here.
A replay of the financial session will also be available on the BlackBerry.com/Investors website at approximately 8pm ET today.
This press release refers to certain non-GAAP measures. The company believes that these non-GAAP measures, which may be defined differently by other companies, explain the company's results of operations in a manner that allows for a more complete understanding of the underlying trends in the company's business. However, these measures should not be viewed as a substitute for those determined in accordance with GAAP. For a reconciliation between the non-GAAP measures used in this presentation and measures determined in accordance with GAAP, and an explanation of why the company uses them, please see the company's annual report on Form 10-K, which is available on the EDGAR, SEDAR and BlackBerry.com websites.
For more information, follow @BlackBerry on Twitter, Facebook or LinkedIn and view the company's corporate video which highlights how BlackBerry addresses today's enterprise security challenges.
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including over 195M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.
BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow @BlackBerry.
Investor Contact:
BlackBerry Investor Relations
+1 (519) 888-7465
investorrelations@blackberry.com
Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@blackberry.com
This news release contains forward-looking statements within the meaning of certain securities laws, including under the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements regarding BlackBerry's plans, strategies and objectives including its expectations with respect to increasing and enhancing its product and service offerings.
The words "expect", "anticipate", "estimate", "may", "will", "should", "could", "intend", "believe", "target", "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by BlackBerry in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances, including but not limited to, BlackBerry's expectations regarding its business, strategy, opportunities and prospects, the launch of new products and services, general economic conditions, the ongoing COVID-19 pandemic, the Russia Ukraine conflict, competition, and BlackBerry's expectations regarding its financial performance. Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, risks related to the following factors: BlackBerry's ability to enhance, develop, introduce or monetize products and services for the enterprise market in a timely manner with competitive pricing, features and performance; BlackBerry's ability to maintain or expand its customer base for its software and services offerings to grow revenue or achieve sustained profitability; the intense competition faced by BlackBerry; the occurrence or perception of a breach of BlackBerry's network cybersecurity measures, or an inappropriate disclosure of confidential or personal information; the failure or perceived failure of BlackBerry's solutions to detect or prevent security vulnerabilities; BlackBerry's continuing ability to attract new personnel, retain existing key personnel and manage its staffing effectively; litigation against BlackBerry; BlackBerry's dependence on its relationships with resellers and channel partners; acquisitions, divestitures and other business initiatives; the impact of the COVID-19 pandemic; network disruptions or other business interruptions; BlackBerry's ability to foster an ecosystem of third-party application developers; BlackBerry's products and services being dependent upon interoperability with rapidly changing systems provided by third parties; BlackBerry's ability to obtain rights to use third-party software and its use of open source software; failure to protect BlackBerry's intellectual property and to earn expected revenues from intellectual property rights; BlackBerry being found to have infringed on the intellectual property rights of others; the substantial asset risk faced by BlackBerry, including the potential for charges related to its long-lived assets and goodwill; BlackBerry's indebtedness; tax provision changes, the adoption of new tax legislation or exposure to additional tax liabilities; the use and management of user data and personal information; government regulations applicable to BlackBerry's products and services, including products containing encryption capabilities; environmental, social and governance expectations and standards; the failure of BlackBerry's suppliers, subcontractors, channel partners and representatives to use acceptable ethical business practices or comply with applicable laws; regulations regarding health and safety, hazardous materials usage and conflict minerals; foreign operations, including fluctuations in foreign currencies; adverse economic, geopolitical and environmental conditions; the fluctuation of BlackBerry's quarterly revenue and operating results; the volatility of the market price of BlackBerry's common shares; and rising inflation.
These risk factors and others relating to BlackBerry are discussed in greater detail in BlackBerry's Annual Report on Form 10-K and the "Cautionary Note Regarding Forward-Looking Statements" section of BlackBerry's MD&A (copies of which filings may be obtained at www.sedar.com or www.sec.gov). All of these factors should be considered carefully, and readers should not place undue reliance on BlackBerry's forward-looking statements. Any statements that are forward-looking statements are intended to enable BlackBerry's shareholders to view the anticipated performance and prospects of BlackBerry from management's perspective at the time such statements are made, and they are subject to the risks that are inherent in all forward-looking statements, as described above, as well as difficulties in forecasting BlackBerry's financial results and performance for future periods, particularly over longer periods, given changes in technology and BlackBerry's business strategy, evolving industry standards, intense competition and short product life cycles that characterize the industries in which BlackBerry operates. Any forward-looking statements are made only as of today and the company has no intention and undertakes no obligation to update or revise any of them, except as required by law.
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SOURCE BlackBerry Limited | https://www.kxii.com/prnewswire/2022/05/18/blackberry-provides-long-term-financial-targets/ | 2022-05-18T21:19:50Z |
HOWEY-IN-THE-HILLS, Fla., May 24, 2022 /PRNewswire/ -- The Epson Tour and Ascensus have announced a three-year sponsorship agreement to make the company the official title sponsor of the Ascensus Race for the Card, the season-long chase for LPGA Tour membership. As the Official Qualifying Tour of the LPGA, the Epson Tour is in its 42nd year of structured competition.
This partnership represents the first sports-related sponsorship investment for Ascensus, which provides tax-advantaged savings technology, services and expertise, and enables institutional partners, advisors and state governments to help more than 15 million people save for retirement, education and healthcare across the United States.
Every season, the top-10 players in the Ascensus Race for the Card earn LPGA Tour membership for the following year. Ascensus joins the LPGA family to lend financial support and enhance the visibility of the journey for athletes striving to achieve their dreams.
The Epson Tour and Ascensus deal is effective immediately and extends through the 2025 calendar year.
"This partnership shines a spotlight on the Ascensus Race for the Card and stories of athletes competing for their spot on the LPGA Tour," said Mike Nichols, the Chief Business Officer of LPGA Qualifying Tours. "Whatever financial goals savers are trying to reach, Ascensus and its partners help them get there—a commitment that aligns perfectly with their support of the competitors on the Epson Tour and their road to the LPGA."
Ascensus and the Epson Tour commit to enhancing coverage of the Ascensus Race for the Card through promotional activities and their efforts to support all Epson Tour members throughout their time on Tour and upon graduation to the LPGA. The platform of both organizations will demonstrate an ongoing commitment to diversity, equity and inclusion, and include on-course engagement, as well as visibility and promotion online and across social media.
"The talented athletes competing in the Ascensus Race for the Card—and the drive and determination they demonstrate—are great examples of never giving up on your goals and being willing to do the hard work to get there," said David Musto, president and CEO of Ascensus. "We're proud to champion these outstanding individuals on their journey to the biggest stage in women's professional golf, and we look forward to watching their success for years to come."
During the 2021 LPGA Tour season, nine former Ascensus Race for the Card graduates or Epson Tour alumnae claimed 12 LPGA Tour wins, led by Rolex Rankings No. 2 Nelly Korda, who captured four titles plus a gold medal at the Tokyo Olympics. Other notable LPGA players who got their start on the Epson Tour include major champions Inbee Park from the Republic of Korea, Lorena Ochoa of Mexico, and Australia's Hannah Green. These individuals exemplify the international draw of the Epson Tour, which annually attracts players from more than 40 countries. Over the last seven years, 65 players from 21 nations have graduated via the Race for the Card.
"Ascensus is a company rooted in a noble purpose—helping people save for what matters—because we believe everyone deserves to feel financially secure," added Musto. "We're delighted to associate the Ascensus brand with these dedicated athletes competing for LPGA membership and helping create a more diverse, equitable and inclusive world in this sport and beyond."
The 2022 Epson Tour schedule features 21 tournaments and continues this week with the Inova Mission Inn Championship at Mission Inn Resort in Howey-in-the-Hills, Fla. The 2022 Ascensus Race For the Card graduates will be finalized upon the conclusion of the season-ending Epson Tour Championship, Oct. 6-9 at LPGA International in Daytona Beach.
ABOUT ASCENSUS
Ascensus and its affiliated companies help millions of people save for what matters—retirement, education, and healthcare. Through co-branded, private-labeled, and other governmental partnerships, our technology, market insights, and business knowledge enhance the growth and success of our partners, their clients, and savers. Ascensus is a leading recordkeeping services provider, third-party administrator, and government savings facilitator in the United States.
On April 8, 2022, Newport merged with Ascensus. Newport is a leading retirement services provider that helps employers—and the advisors who serve them—prepare employees for a more financially secure retirement through non-qualified and qualified retirement plan solutions, corporate- and bank-owned life insurance, and fiduciary and total rewards services.
The unified company, operating as Ascensus, has more than $745 billion in assets under administration, serves more than 15 million savers across the U.S., and employs more than 5,500 associates.
For more information, visit ascensus.com and newportgroup.com.
ABOUT EPSON TOUR
The Epson Tour (formerly the Symetra Tour) is the official qualifying tour of the LPGA Tour and enters its 42nd competitive season in 2022. With the support of entitlement partner Seiko Epson Corporation, the Tour's mission is to prepare the world's best female professional golfers for a successful career on the LPGA Tour. In the last decade, the Epson Tour has grown from 15 tournaments and $1.6 million in prize money to $4.41 million awarded across 20+ events in 2022. With more than 600 graduates and alumnae moving on to the LPGA Tour, former Epson Tour players have won 459 LPGA titles.
Follow the Epson Tour at www.epsontour.com, as well as Facebook, Twitter and Instagram.
ABOUT EPSON
Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson's goal is to become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion. Epson America, Inc., based in Los Alamitos, Calif., is Epson's regional headquarters for the U.S., Canada, and Latin America. To learn more about Epson, please visit: epson.com. You may also connect with Epson America on Facebook, Twitter, YouTube, and Instagram.
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SOURCE Ascensus | https://www.mysuncoast.com/prnewswire/2022/05/24/ascensus-lpgas-epson-tour-announce-title-sponsorship-ascensus-race-card/ | 2022-05-24T18:49:10Z |
ATLANTA, Sept. 1, 2022 /PRNewswire/ -- The popular television networks Bounce and Grit are now available on DIRECTV.
Bounce, which features a programming mix of original series and movies, theatrical motion pictures, off-network series, specials and events designed for Black audiences, can be seen on DIRECTV channel 82.
Grit, home of legendary heroes, stars and timeless tales of the American West in all-time favorite western movies and TV series, is now on DIRECTV channel 81.
Both networks are part of The E.W. Scripps Company (NASDAQ: SSP).
"Bounce is the fastest growing Black-audience-focused network on television, and the enormous popularity of the western genre has made Grit a hot and highly-rated network as well," said Jeffrey Wolf, chief distribution officer, Scripps Networks. "DIRECTV recognizes the importance and value in offering both networks, and we look forward to their customers enjoying Bounce and Grit for years to come."
DIRECTV customers will now be able to watch all-new episodes of Bounce's hit original series "Johnson" – focusing on four life-long best friends who share the same last name – airing Sunday nights at 8 p.m. ET. On Saturday, Sept. 24 at 8 p.m., Bounce launches another new original series, "Finding Happy," following life's ups and downs from the Black female perspective. Both "Johnson" and "Finding Happy" come from Eric C. Rhone's & Cedric The Entertainer production company A Bird & A Bear Entertainment.
Media contact: Jim Weiss, 770-672-6504, jim.weiss@scripps.com
The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating a better-informed world. As one of the nation's largest local TV broadcasters, Scripps serves communities with quality, objective local journalism and operates a portfolio of 61 stations in 41 markets. The Scripps Networks reach nearly every American through the national news outlets Court TV and Newsy and popular entertainment brands ION, Bounce, Defy TV, Grit, ION Mystery, Laff and TrueReal. Scripps is the nation's largest holder of broadcast spectrum. Scripps runs an award-winning investigative reporting newsroom in Washington, D.C., and is the longtime steward of the Scripps National Spelling Bee. Founded in 1878, Scripps has held for decades to the motto, "Give light and the people will find their own way."
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SOURCE SCRIPPS | https://www.wibw.com/prnewswire/2022/09/01/directv-launches-bounce-grit-today/ | 2022-09-01T16:42:10Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Enochian Biosciences Inc. ("Enochian" or the "Company") (NASDAQ: ENOB) and certain of its officers, on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Enochian securities between September 24, 2020 and May 31, 2022, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/enob.
This class action seeks to recover damages against Defendants for alleged violations of the Securities Exchange Act of 1934 (the "Exchange Act").
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Gumrukcu was not a licensed doctor and had no verifiable degrees beyond high school; (2) accordingly, the scientific and technological underpinnings of Enochian's product pipeline, purportedly invented by Gumrukcu, were dubious at best; (3) accordingly, the Defendants had significantly overstated the commercial prospects for the Company's product pipeline; (4) Enochian's senior leadership knew Gumrukcu had a criminal history that included fraud; (5) accordingly, Enochian's reliance on Gumrukcu, and its consulting and licensing agreements with G-Tech and SRI, subjected the Company to a heightened risk of reputational and financial harm, as well as threatened the integrity of the Company's scientific findings; and (6) as a result, the Company's public statements were materially false and misleading at all relevant times.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/enob or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Enochian you have until September 26, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC | https://www.wibw.com/prnewswire/2022/08/01/bronstein-gewirtz-amp-grossman-llc-notifies-enochian-biosciences-inc-enob-investors-class-action-encourages-investors-contact-firm/ | 2022-08-01T14:47:23Z |
Published: Aug. 3, 2022 at 3:18 PM CDT|Updated: 1 hour ago
CHARLOTTE, N.C., Aug. 3, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) today announced its results for the second quarter ended June 30, 2022.
Second Quarter 2022 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons)
Net sales of $1.48 billion, an increase of 91%
Net income of $406.8 million, or $3.46 per diluted share; Adjusted diluted EPS of $3.45, an increase of 288%
Adjusted EBITDA of $610 million, an increase of 214%
Kemerton I lithium conversion plant in Western Australia achieved first product in July 2022
Announced plans to build integrated lithium operations in the United States, including the Kings Mountain, North Carolina, spodumene mine and a lithium conversion plant in the southeast
Guidance for 2022 further revised upward on successful Lithium contract renegotiations and increased prices in the Lithium and Bromine businesses
Expect significant growth in full-year 2022 results including net sales of $7.1 - $7.5 billion (>2x 2021) and adjusted EBITDA of $3.2 - $3.5 billion (>3x 2021)
With revised guidance, expect to be free cash flow positive in 2022
"We delivered another strong quarter throughout the current turbulent market environment, thanks to strong demand and pricing trends, particularly for Lithium and Bromine. Over the past year, we have shifted our Lithium contracting strategy to realize greater benefits from these strong market dynamics," said Albemarle CEO Kent Masters. "At the same time, we remain disciplined in executing our long-term strategy as we advance our growth projects in China, Australia, and the Americas."
Outlook Albemarle's outlook for 2022 has continued to improve based on expectations for ongoing demand strength and tightness in the markets it serves. Net sales guidance was revised upward primarily due to continued strength in pricing in its Lithium and Bromine businesses. Adjusted EBITDA guidance is also higher based on pricing expectations slightly offset by inflationary cost pressures, particularly for natural gas in Europe and raw materials. We now expect to be free cash flow positive in 2022.
Second Quarter Results
Net sales of $1.48 billion increased by $705.7 million compared to the prior-year quarter primarily due to increased pricing driven by strong demand from diverse end markets.
Net income attributable to Albemarle of $406.8 million decreased by $17.8 million from the prior-year quarter. Note that prior-year net income attributable to Albemarle includes a $429.4 million ($331.6 million after discrete income taxes, or $2.87 per share) gain related to the sale of the FCS business which was sold on June 1, 2021.
Adjusted EBITDA of $610.2 million increased by $415.6 million from the prior-year quarter primarily due to higher net sales, partially offset by inflationary cost pressures including natural gas prices in Europe and raw materials.
The effective income tax rate for the second quarter of 2022 was 22.2% compared to 20.0% in the same period of 2021. The difference is largely due to global intangible low-taxed income and the geographic mix of earnings. On an adjusted basis, the effective income tax rates were 26.3% and 17.5% for the second quarter of 2022 and 2021, respectively.
Business Segment Results
Lithium Results
Lithium net sales of $891.5 million increased $571.2 million (+178%) due to higher pricing net of FX (+160%) related to renegotiated contracts and increased market pricing. Volume was also higher (+18%) related to the La Negra III/IV expansion in Chile and higher tolling volumes to meet growing customer demand. Adjusted EBITDA of $495.2 million increased $385.8 million as higher pricing and volumes more than offset higher costs.
Lithium Outlook
Adjusted EBITDA for the full year 2022 is expected to grow approximately 500-550% year over year, up from the previous outlook of +300%. Average realized pricing is now expected to be up 225-250% year-over-year resulting from the renegotiated contracts and increased market pricing. Full-year 2022 volume is expected to be up 20-30% year over year primarily due to new capacity coming online as well as higher tolling volumes. The revised outlook assumes the company's expected third quarter realized selling price remains constant for the remainder of the year. There is potential upside if market pricing remains near current levels, if contract renegotiations result in additional price improvements, or with additional tolled volumes. There is potential downside in the event of a material correction in lithium market pricing or potential volume shortfalls (e.g., delays in acquisitions or expansion projects).
Albemarle continues to progress the expansion of its global portfolio of conversion capacity and utilization of its world-class resource portfolio:
Chile
– La Negra III/IV conversion plant is in commercial qualification and running as expected – The Salar Yield Improvement Project is on schedule for mechanical completion by the middle of next year
Australia
– Kemerton I conversion plant achieved first product in July 2022 – Kemerton II conversion plant remains on track for mechanical completion in the second half of 2022 – Production of spodumene concentrate from the first and second trains at Wodgina were achieved in May and July, respectively
China
– The acquisition of the Qinzhou lithium conversion plant in Guangxi China is expected to close H2 2022 – Construction is underway at the Meishan greenfield project – Zhangjiagang greenfield project has been deferred as we continue to fine tune the carbonate engineering design
United States
– New wells and expansion projects at Silver Peak continue to progress ahead of schedule
Bromine Results
Bromine net sales of $377.8 million increased $98.0 million (+35%) primarily due to increased pricing net of FX (+31%) and slightly higher volumes (+4%). Tight market conditions continue to drive strong demand and favorable pricing across the product portfolio. Adjusted EBITDA of $135.7 million increased $43.0 million as higher net sales were partially offset by higher costs for raw materials and freight.
Bromine Outlook
Adjusted EBITDA for the full year 2022 is expected to grow approximately 25-30% from 2021 based on higher pricing resulting from strong demand in diverse end-markets including fire safety solutions and clear completion fluids for offshore new well drilling. Successful execution of growth projects in 2021 is expected to contribute to a 5-10% volume increase in full-year 2022. Bromine's ongoing cost savings initiatives and favorable pricing are expected to offset higher freight and raw material costs.
Catalysts Results
Catalysts net sales of $210.3 million increased $62.0 million (+42%) compared to the previous year due to higher volumes (+37%) and higher pricing net of FX (+5%). Adjusted EBITDA of $9.8 million declined $11.4 million as higher sales were more than offset by continued cost pressures from increasing natural gas prices and raw materials.
Catalysts Outlook
Albemarle expects full-year 2022 adjusted EBITDA to be down 25-65% year-over-year, down from the previous outlook due to continued volatility of raw materials costs and natural gas pricing in Europe related to the war in Ukraine, partially offset by higher pricing.
The strategic review of the Catalysts business is ongoing. The company expects to provide an update as soon as circumstances warrant.
All Other
Other operations represent the FCS business which was sold on June 1, 2021.
Balance Sheet and Liquidity
As of June 30, 2022, Albemarle had estimated liquidity of approximately $2.6 billion, including $930.6 million of cash and equivalents, the full $1 billion under its revolver, $500 million remaining under its amended delayed draw term loan and $200.7 million on other available credit lines. Total debt was $3.5 billion, representing net debt to adjusted EBITDA of approximately 1.7 times.
Cash Flow and Capital Deployment
Cash from operations of $60.3 million decreased $325.5 million for the six months ended June 30, 2022, versus the prior year driven by working capital changes, primarily the increase in receivables and inventories from higher lithium pricing, as well as a $332.5 million litigation settlement payment, partially offset by increased adjusted EBITDA. Capital expenditures of $502.6 million increased by $105.7 million versus the prior year as the company nears completion of its Wave 2 Lithium expansion projects and progresses the next wave of growth projects.
Albemarle's primary capital allocation priorities are to invest in organic and inorganic opportunities to drive profitable growth, maintain its financial flexibility and Investment Grade credit rating, and fund its dividend.
Earnings Call
The company's earnings presentation and supporting material are available on Albemarle's website at https://investors.albemarle.com.
About Albemarle
Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. Albemarle thinks beyond business-as-usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. Albemarle actively pursues a sustainable approach to managing its diverse global footprint of world-class resources. In conjunction with Albemarle's highly experienced and talented global teams, its deep-seated values, and its collaborative customer relationships, Albemarle creates value-added and performance-based solutions that enable a safer and more sustainable future.
Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding the company, its businesses and the markets it serves.
Forward-Looking Statements
Some of the information presented in this press release, the conference call and discussions that follow, including, without limitation, information related to the timing of active and proposed projects, production capacity, committed volumes, pricing, financial flexibility, expected growth, anticipated return on opportunities, earnings and demand for Albemarle's products, productivity improvements, tax rates, stock repurchases, dividends, cash flow generation, costs and cost synergies, capital projects, future acquisition and divestiture transactions including statements with respect to timing, expected benefits from proposed transactions, market and economic trends, statements with respect to 2022 outlook and all other information relating to matters that are not historical facts may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from the views expressed. Factors that could cause Albemarle's actual results to differ materially from the outlook expressed or implied in any forward-looking statement include, without limitation: changes in economic and business conditions; changes in financial and operating performance of its major customers and industries and markets served by it; the timing of orders received from customers; the gain or loss of significant customers; fluctuations in lithium market pricing, which could impact our revenues and profitability particularly due to our increased exposure to index-referenced and variable-priced contracts for battery grade lithium sales; changes with respect to contract renegotiations; potential production volume shortfalls; competition from other manufacturers; changes in the demand for its products or the end-user markets in which its products are sold; limitations or prohibitions on the manufacture and sale of its products; availability of raw materials; increases in the cost of raw materials and energy, and its ability to pass through such increases to its customers; technological change and development, changes in its markets in general; fluctuations in foreign currencies; changes in laws and government regulation impacting its operations or its products; the occurrence of regulatory actions, proceedings, claims or litigation (including with respect to the U.S. Foreign Corrupt Practices Act and foreign anti-corruption laws); the occurrence of cyber-security breaches, terrorist attacks, industrial accidents or natural disasters; the effect of climate change, including any regulatory changes to which it might be subject; hazards associated with chemicals manufacturing; the inability to maintain current levels of insurance, including product or premises liability insurance, or the denial of such coverage; political unrest affecting the global economy, including adverse effects from terrorism or hostilities; political instability affecting our manufacturing operations or joint ventures; changes in accounting standards; the inability to achieve results from its global manufacturing cost reduction initiatives as well as its ongoing continuous improvement and rationalization programs; changes in the jurisdictional mix of its earnings and changes in tax laws and rates or interpretation; changes in monetary policies, inflation or interest rates that may impact its ability to raise capital or increase its cost of funds, impact the performance of its pension fund investments and increase its pension expense and funding obligations; volatility and uncertainties in the debt and equity markets; technology or intellectual property infringement, including cyber-security breaches, and other innovation risks; decisions it may make in the future; future acquisition and divestiture transactions, including the ability to successfully execute, operate and integrate acquisitions and divestitures and incurring additional indebtedness; continuing uncertainties as to the duration and impact of the coronavirus (COVID-19) pandemic; performance of Albemarle's partners in joint ventures and other projects; changes in credit ratings; and the other factors detailed from time to time in the reports Albemarle files with the SEC, including those described under "Risk Factors" in Albemarle's most recent Annual Report on Form 10-K any subsequently filed Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this press release. Albemarle assumes no obligation to provide any revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.
See accompanying non-GAAP reconciliations below.
Additional Information
It should be noted that adjusted net income attributable to Albemarle Corporation, adjusted diluted earnings per share, non-operating pension and OPEB items per diluted share, non-recurring and other unusual items per diluted share, adjusted effective income tax rates, EBITDA, adjusted EBITDA, EBITDA margin and adjusted EBITDA margin are financial measures that are not required by, or presented in accordance with, accounting principles generally accepted in the United States, or GAAP. These non-GAAP measures should not be considered as alternatives to Net income attributable to Albemarle Corporation ("earnings") or other comparable measures calculated and reported in accordance with GAAP. These measures are presented here to provide additional useful measurements to review the company's operations, provide transparency to investors and enable period-to-period comparability of financial performance. The company's chief operating decision maker uses these measures to assess the ongoing performance of the company and its segments, as well as for business and enterprise planning purposes.
A description of other non-GAAP financial measures that Albemarle uses to evaluate its operations and financial performance, and reconciliation of these non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP can be found on the following pages of this press release, which is also is available on Albemarle's website at https://investors.albemarle.com. The company does not provide a reconciliation of forward-looking non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP, as the company is unable to estimate significant non-recurring or unusual items without unreasonable effort. The amounts and timing of these items are uncertain and could be material to the company's results calculated in accordance with GAAP.
See below for a reconciliation of adjusted EBITDA on a segment basis, the non-GAAP financial measure, to Net income attributable to Albemarle Corporation, the most directly comparable financial measure calculated and reported in accordance with GAAP (in thousands, except percentages).
Non-operating pension and OPEB items, consisting of mark-to-market actuarial gains/losses, settlements/curtailments, interest cost and expected return on assets, are not allocated to Albemarle's operating segments and are included in the Corporate category. In addition, the company believes that these components of pension cost are mainly driven by market performance, and the company manages these separately from the operational performance of the company's businesses. In accordance with GAAP, these non-operating pension and OPEB items are included in Other income (expenses), net. Non-operating pension and OPEB items were as follows (in thousands):
In addition to the non-operating pension and OPEB items disclosed above, the company has identified certain other items and excluded them from Albemarle's adjusted net income calculation for the periods presented. A listing of these items, as well as a detailed description of each follows below (per diluted share):
See below for a reconciliation of the adjusted effective income tax rate, the non-GAAP financial measure, to the effective income tax rate, the most directly comparable financial measure calculated and reported in accordance with GAAP (in thousands, except percentages).
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.kxii.com/prnewswire/2022/08/03/albemarle-reports-strong-second-quarter-sales-growth-raising-guidance/ | 2022-08-03T21:22:38Z |
(NEXSTAR) – The Food and Drug Administration is once again recommending against a viral “kitchen tip” for keeping avocados from going bad, warning that it actually increases the likelihood of contamination and foodborne illness.
The “tip,” as presented on social-media sites such as Facebook or TikTok, encourages viewers to submerge unripe or ready-to-eat avocados in a container of water and store them in the refrigerator. The users who shared the idea on Facebook and TikTok claim this method keeps the avocados’ flesh from turning brown for up to a month.
The FDA had issued a statement in response to one of the Facebook posts in March, Today.com previously reported. But officials are again reminding consumers to refrain from the practice due to the risk of salmonella poisoning or listeriosis.
“The main concern is with the possibility that any residual human pathogens (i.e. Listeria monocytogenes, Salmonella spp., etc.) that may be residing on the avocado surface … may potentially multiply during the storage when submerged in water,” the FDA wrote in a statement shared with Nexstar, in response to a viral TikTok video first reported by Newsweek.
The threat isn’t only on the skin, either. An FDA study conducted in 2016 concluded that listeria bacteria on the skin of an avocado “has the potential to infiltrate and internalize into the pulp of the avocado when submerged in refrigerated dump tanks” for about two weeks,” the agency said.
“In this case, even surface disinfecting the avocado skin prior to slicing would not be able to remove the contamination.”
A separate FDA study a few years before also found listeria bacteria was more commonly detected on the skin of avocados than salmonella, though both were found in the study sample. A smaller percentage (0.24%) were found to have flesh contaminated with listeria monocytogenes.
Instead of storing the avocados in water, the California Avocado Commission recommends storing ripened fruit in the refrigerator, where they should stay fresh for two to three days. Sliced or halved avocados can also be refrigerated, and will last longer with lemon juice, lime juice or white vinegar sprinkled on the cut surfaces.
Avocados not yet ready to eat can be stored in a paper bag at room temperature. The process can be accelerated by keeping a kiwi or an apple in the same bag. The avocado is ripe when it “yields to gentle pressure,” the California Avocado Commission writes. | https://cw33.com/news/nexstar-media-wire/fda-warns-against-viral-avocado-kitchen-tip-that-can-make-you-sick/ | 2022-05-29T14:47:04Z |
Which Anker headphones are best?
Most people may know Anker for the affordable phone chargers and peripheral computer devices, but they also make a wide variety of headphones. Just like with their other offerings, their headphones perform well while costing considerably less than those from better-known name brands.
A case in point would be the Anker Soundcore Liberty 2 Pro. These truly wireless earbuds cost less than those from Apple, Samsung, Sony and Bose, yet offer a comparable build quality and battery life. Most people won’t notice a difference in sound quality after using the company’s HearID hearing analysis and audio tuning app.
What to know before you buy Anker headphones
Earbuds vs. headphones
The majority of Anker’s headphones are earbuds, though they do make a couple of over-ear models. Earbuds are generally considered a better choice for working out and wearing around town. They are discreet, stay in place well and feel lightweight when worn.
Over-ear headphones are best for travel or use while studying and working. Though some people choose to wear over-ear headphones when working out or walking around town, most people find them a bit bulky for these applications. They also tend to build up more heat around the ears, which can cause sweating in some situations. The drawbacks aside, when it comes to sound quality, over-ear headphones are the clear winner.
Wired vs. wireless
For a long time, the debate between wired and wireless headphones centered around sound quality. However, Bluetooth technology is so good these days that only the most serious audiophiles will notice even the slightest difference between the two. Instead, you should consider two other factors.
First, wired headphones don’t need charging as they get all of the power they need via the physical connection to the audio source device.
Second, and this is only the case for earbuds, truly wireless models are easy to lose. Because of their small size and sometimes tendency to fall out, it isn’t uncommon for people to misplace them.
Features to look for in quality Anker headphones
Active noise cancellation
Active noise cancellation is ideal for anyone that likes to block out the outside world when listening to their music. The downside of active noise cancellation is that it drains the battery life more quickly. However, on most models, you can turn this feature off if your priority is to conserve battery life as much as possible.
Microphone
If you want to use your headphones for hands-free calling, they need to have a microphone. Anker isn’t known for having the best microphone call quality, but it should be adequate for casual users. Those who use their headphones for hands-free business calls may want to consider a pair from another brand.
Water resistance
The water resistance on Anker headphones can range from almost none up to an IPX7 rating. If choosing a pair for working out, the minimum water-resistance rating you should consider is IPX4, which means that particular pair of headphones is resistant to splashes of water from any direction.
Wingtips or ear hooks
Along with the minimum recommended IP rating, anyone who plans on using their earbuds for exercise should look to a pair with either wingtips or ear hooks. Models with the former are smaller and more discreet, while those with the latter tend to stay in place the best.
Battery life
For anyone who plans on using their headphones regularly while on the go, the battery life should be a top priority. As a general rule of thumb, over-ear headphones will have the longest battery life, with their genuinely wireless earbuds having the shortest. Standard wireless earbuds tend to come in somewhere between these two extremes. That said, most of Anker’s truly wireless earbuds come with a charging case, so you won’t have to find an outlet every time you need to charge them.
Quick charge
Some of Anker’s headphones have a quick charge feature that provides as much as 2 hours of battery life after just 5 minutes of charging. This is a very convenient feature for anyone who often forgets to recharge their devices at night.
How much can you expect to spend on Anker headphones
Anker is known for making affordable headphones, with some of their models costing as little as $25. Their premium options top out at around $150.
Anker headphones FAQ
What is the warranty on Anker headphones?
A. The warranty on Anker headphones varies by the model line. Those in the Zolo line have a 12-month warranty, while those in the Soundcore line have an 18-month warranty.
Do Anker headphones have good sound quality?
A. Anker headphones have surprisingly good sound quality for the cost. That said, they can’t compete with the premium models from brands like Bose or Sony, but they don’t cost nearly as much either.
What are the best Anker headphones to buy?
Top Anker headphones
Anker Soundcore Liberty 2 Pro True Wireless Earbuds
What you need to know: These wireless earbuds can hold their own against many brand name models but cost a fraction of the price.
What you’ll love: You can easily customize the sound profile to your preference using the associated app and, when you combine the power in the charging case and the built-in batteries in the buds, you get up to 32 hours of listening time.
What you should consider: They don’t always stay securely in place during vigorous activities, so they may not be ideal for working out or jogging.
Where to buy: Sold by Amazon
Top Anker headphones for the money
What you need to know: You’ll be hard-pressed to find another pair of headphones that offer this kind of sound quality and this level of durability for a similar price as the Soundcore Spirit 2.
What you’ll love: They feature an IP67 waterproof rating, so they won’t be damaged by a bit of sweat or even if you accidentally get caught in a downpour while out jogging. Plus, a quick 5-minute charge gives you an extra 120 minutes of listening time if you run out of juice.
What you should consider: Their design either fits you or it doesn’t, and if it doesn’t, they tend to fall out while running or performing other activities.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: With effective active noise cancellation and plush earcups, the Life Q30 should be a go-to choice for travelers and those who enjoy listening to music while commuting to work on public transport.
What you’ll love: They have a wide frequency range that extends up to 40 KHz for audiophile-grade sound quality and impressive 60-hour battery life when used without active noise cancellation turned on.
What you should consider: The microphone quality is poor, making it difficult for people to understand you on the other end of the line.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/headphones-br/best-anker-headphones/ | 2022-07-10T23:18:51Z |
VANCOUVER, BC, July 5, 2022 /PRNewswire/ - Asep Medical Holdings Inc. ("Asep Inc." or the "Company") (CSE: ASEP) (OTCQB: SEPSF) has appointed Dr. Robert E. W. Hancock, the Co-Founder of Asep Inc, as the CEO and Chairman of the Company effective immediately. Dr. Hancock replaces Rudy Mazzocchi, the former CEO and Chairman, who has stepped down due to health reasons. Dr. Hancock states, "We wish Rudy well and sincerely thank him for his service and invaluable contributions to the Company."
Dr. Hancock is the co-founder of Asep Inc. and a world-leading expert in infectious diseases. In recognition of his research work, Dr. Hancock has received numerous awards and honours including the Prix Galien (highest award for Canadian pharmaceutical research and innovation), the Killam Prize (Canada Council's prize for health research), Michael Smith CIHR Researcher of the Year, the ICAAC Aventis Antimicrobial Research Award (leading award worldwide for antimicrobial research) and in 2001 he was inducted as an Officer of the Order of Canada (Canada's second highest honour).
Dr. Hancock will be stepping down as COO and will be replaced by Timothy Murphy, a current member of the Company's board of directors. Mr. Murphy is an experienced business lawyer and executive with a strong background in mergers and acquisitions, intellectual property and technology licensing.
Asep Inc. is dedicated to addressing antibiotic failure by developing novel solutions for significant unmet medical needs. The Company is a consolidation of two existing private companies (Sepset Biosciences Inc. and ABT Innovations Inc.) that are both in the advanced development of both proprietary diagnostic tools, enabling the early and timely identification of severe sepsis as well as broad-spectrum therapeutic agents to address multidrug-resistant biofilm infections.
Sepset Biosciences Inc. is developing a diagnostic technology that involves a patient gene expression signature that predicts severe sepsis, one of the significant diseases leading to antibiotic failure since antibiotics are the primary treatment for sepsis. Despite this, sepsis is responsible for nearly 20% of all deaths on the planet. The SepsetER test is a blood-based gene expression assay that is straightforward to implement, and results are obtained in about an hour in the emergency room or intensive care unit. This proprietary diagnostic technology differs from current diagnostic tests in enabling diagnosis of severe sepsis within 1-2 hours of first clinical presentation (i.e., in the emergency room), while other diagnostics only provide diagnosis after 24-36 hours. Asep Inc. believes this will enable critical early decisions to be made by physicians regarding appropriate therapies and reduce overall morbidity and mortality due to sepsis.
ABT Innovations Inc.'s peptide technology covers a broad range of therapeutic applications, including bacterial biofilm infections (medical device infections, chronic infections, lung, bladder, wound, dental, skin, ear-nose and throat, sinusitis, orthopaedic, etc.), anti-inflammatories, anti-infective immune-modulators and vaccine adjuvants.
This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements, including but not limited to the completion of successful clinical testing of our Sepsis diagnostic test and its intended filing for regulatory approval; and the undertaking of pre-clinical studies on our lead therapeutic, with the expectation that this will lead to fast track clinical trials. Various assumptions were used in drawing the conclusions or making the predictions contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks (including those risk factors identified in the Asep Medical Inc.'s prospectus dated November 9, 2021) available for review under the Company's profile at www.sedar.com and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Asep Medical Inc. is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
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SOURCE ASEP Medical Holdings Inc. | https://www.mysuncoast.com/prnewswire/2022/07/05/asep-medical-inc-announces-appointment-dr-robert-e-w-hancock-ceo-chairman/ | 2022-07-05T11:52:44Z |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, announced that Ryan Howard has joined iStar (NYSE: STAR), Safehold's external manager, as Senior Vice President, Investments focusing on the Southeast region.
"Safehold has grown to nearly $6B in assets and more than 125 ground leases. We are committed to continue the growth of Safehold and the ground lease ecosystem across the country and Ryan is the ideal person to spearhead our efforts in the Southeast," said Tim Doherty, Head of Investments for Safehold. "Ryan's experience and network speak for themselves, and we are excited for him to join the team."
"I am impressed by Safehold's reputation for innovation and growth. Safehold's modern ground lease provides an accretive and efficient capitalization option for our clients," Mr. Howard added. "I look forward to helping expand our presence in the Southeast."
Mr. Howard joins iStar from Centennial Bank where he established the bank's Miami office and grew its Southeast commercial real estate loans business across all property types. Prior to Centennial Bank, he founded Brookdell Capital, was a Principal at the Barlington Group, and worked for Trez Capital. In addition, his early career was spent at Torchlight Investors and Ernst & Young.
Mr. Howard holds a BS in Finance and a BS in Accounting from Syracuse University.
About Safehold:
Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high-quality multifamily, office, industrial, hospitality, life science, and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT) and is managed by its largest shareholder, iStar Inc., seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Additional information on Safehold is available on its website at www.safeholdinc.com.
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SOURCE Safehold | https://www.kxii.com/prnewswire/2022/08/17/ryan-howard-joins-istar-lead-southeast-region/ | 2022-08-17T23:37:39Z |
Northeast Kansas businesses recognized with region awards
TOPEKA, Kan. (WIBW) - Northeast Kansas businesses walked away from Manhattan today with a new award to put on display. Lieutenant governor David Toland stepped into his role as secretary of commerce today handing out well deserved awards for Kansas business.
“This is really a message of gratitude,” said Toland. “Gratitude for vision, gratitude for execution, gratitude for investment in our state. These businesses are putting their blood sweat and tears into making sure that they can grow and can contribute to our economy so we want to make sure and say thank you.”
Merritt and regional awards were presented to all kinds of business from retail to service to manufacturing and non-profits. Capital investment in Kansas grew from$1.3 billion dollars in 2019 to $3.8 billion last year, the largest growth per capita in the country.
“We’ve had tremendous success on the economic development front in Kansas,” said Toland. “We have record levels of investment from businesses outside of Kansas that are coming in. We want to make sure that we’re recognizing the existing Kansas businesses that are here that are doing a great job.”
Toland believes this is because of his push to make the commerce department behave less like government and more like the private sector and wants to keep that momentum going.
Today’s ceremony in Manhattan was the fourth of seven being held across Kansas. Another takes place tomorrow in Lawrence..
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/11/northeast-kansas-businesses-recognized-with-region-awards/ | 2022-04-11T23:14:38Z |
Chatmeter leverages relationships with global providers for international online listings and reputation management
SAN DIEGO, June 1, 2022 /PRNewswire/ -- Chatmeter, a reputation management platform for multi-location brands, today announced that the platform now allows businesses to track, manage, and update international reviews and listings with Google, Facebook, Apple, and Bing worldwide.
"International markets offer a significant opportunity to expand our market share," said Chatmeter, Founder and CEO, Collin Holmes. "We've leveraged our existing partnerships with global to expand our Reputation and Listings Management solutions to countries around the globe."
Building a better online reputation at home and across the globe
With Chatmeter, International businesses can now:
- Manage and track listings and reputation data in virtually every country, region, and territory
- Read and respond to reviews in any foreign language
- Ensure the accuracy of local listings domestically and overseas
The company is poised to build on this expansion into international markets by building out partnerships across the globe with local review sites and publishers and tailoring solutions to meet local language standards and preferences.
Creating seamless customer experiences no matter where in the world your business is listed
When entering or updating an organization's international address, phone, and category data, Chatmeter validates the content before it's submitted to providers such as Google, Facebook, Apple, and Bing. This allows Chatmeter to remain the single source of truth for comparing location data with our providers and ensuring that an organization's information is current and correct.
"Helping our customers expand their reach is a priority for Chatmeter," said Mr. Holmes. "We are aggressively building out our platform with globalized capability to better support our global enterprise clients." According to independent research conducted in 2021 on behalf of Chatmeter, the growth outlook for multi-location reputation management and listings solutions is a $6B market potential in their core and adjacent products. "This potential growth will enable us to provide more solutions, analytics, and insights for our global customers who are focused on providing an exceptional customer experience regardless of location," said Holmes.
For more information visit Chatmeter.com.
About Chatmeter
Chatmeter provides multi-location brands with data-driven solutions that deliver breakthrough customer experiences. Our SaaS platform delivers all-in-one reputation and local SEO management tools designed to help brands optimize online visibility, and reputation. Established in 2009, Chatmeter supports multi-location businesses from over 40 industries to create meaningful customer experiences at scale.
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SOURCE Chatmeter Inc | https://www.mysuncoast.com/prnewswire/2022/06/01/chatmeters-listings-reputation-management-solutions-now-support-business-locations-worldwide/ | 2022-06-01T15:31:09Z |
HONG KONG, June 8, 2022 /PRNewswire/ -- Sharing Economy International Inc. ("SEII") (OTCQB: SEII), announced today that the company has signed an memorandum of understanding with QEV Technologies S.L. ("QEV"), planning to form a joint venture company to develop and market for new energy vehicles running with electric and hydrogen power.
The European Union has proposed to stop the selling of new fossil-fuel cars by 2035, and the demand for environmental new energy vehicles expect to increase.
Under the joint venture plan, QEV will apply their technological expertise in new energy vehicle development, while SEII will develop the markets in Europe, North America and South America. The proposed headquarters of the joint venture is in Barcelona.
QEV Technologies is one of the Pioneers when it comes to electric mobility. Through developing racing cars in WRC, TCR, WTCC and Formula E, QEV brings the innovation and technology opened doors for the company to start development of technology and full vehicles for other automotive companies.
About Sharing Economy International Inc.
Sharing Economy International Inc., through its affiliated companies, are focused on targeting the technology and global sharing economy markets, by developing online platforms and rental business partnerships that will drive the global development of sharing through economical rental business models. Moreover, the Company will actively pursue blockchain technology in its existing and to-be-acquired business, enabling the general public to realize the beauty of resource sharing. For more information visit www.seii.com
Cautionary Warning Regarding Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may, and probably will, differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our ability to raise additional capital to continue our operations; (2) our ability to pay down existing debt; (3) our ability to attract and retain key executive officers and the professional advisors; (4) the effect of the COVID-19 outbreak on our operations; (5) potential litigation with our shareholders, creditors and/or former or current investors; (6) the effect of political instability on our operations; and (7) other factors over which we have little or no control. Any forward-looking statements speak only as of the date on which they are made, and Sharing Economy International does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on Sharing Economy International's website does not constitute a part of this release.
Company Contacts:
Sharing Economy International Inc.
Email: ir@seii.com
+852-31060372
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SOURCE Sharing Economy International Inc. | https://www.kxii.com/prnewswire/2022/06/08/sharing-economy-entered-into-mou-with-qev-technologies-plan-joint-venture-development-new-energy-vehicles/ | 2022-06-08T16:44:30Z |
New Orleans-Based Coffeehouse Chain Awards Franchise License to Deserving Veteran Family
NEW ORLEANS, July 11, 2022 /PRNewswire/ -- PJ's Coffee of New Orleans, the coffeehouse known for its "southern hospitality" experience, the freshest products, and better beans with superior roasting technique, has announced its annual Veteran Franchise License Giveaway, which was most recently awarded to a husband and wife team, Kyle and Jen McElhaney.
The franchise believes in brewing up small business opportunities for military veterans, who are looking to join the ever-growing $100 billion a year global coffee industry. PJ's Coffee seeks hardworking, passionate applicants who align with its core values of delivering best-in-class coffee with the highest regards to service and hospitality.
"With many of our previous veteran franchisees, we've seen a seamless transition from military life to entrepreneurship, so we started this initiative to attract like-minded individuals to our concept, and as a way of saying 'thank you for your service,'" said Ryan Stansbury, PJ's Coffee Vice President of Franchise Development. "We've found that our veteran franchisees have an extra attention to detail and level of care when it comes to how they present themselves and our brand."
In April 2022, Kyle and Jennifer executed a multi-unit option agreement to own and operate two PJ's Coffee locations within the Memphis area, with the first unit scheduled to open by the end of 2022. After that, the pair would like to introduce about a dozen locations to the tri-state area. Kyle attended the University of Mississippi ROTC and then served as an Army Officer and helicopter pilot for 8 and a half years. He piloted an AH-64 Apache Attack Helicopter, and was deployed to Jalalabad, Afghanistan in support of Operation Enduring Freedom from 2010-2011. He then spent two years in the Mississippi National Guard where he left service at the rank of Major. Kyle then became a military recruiter for Northern Kansas before going to work for ADP, and eventually opening his own businesses.
"I am incredibly fortunate to have been awarded this opportunity," said Kyle. "As coffee consumers in the community, once we tried the product, we knew there was a need for this. We're thrilled to be the ones to debut PJ's menu offerings and family-like atmosphere in Memphis."
The couple are heavily involved within their community and have owned and operated several businesses. Together, they have invested in high demand concepts throughout Memphis, including a logistics company, a full-service interior design support business and a fleet cleaning business.
The PJ's Coffee brand is passionate about giving back to the veteran community in any way it can. The company is a five-star VetFran member, proudly offering qualified veterans a 20 percent discount on the initial franchise fee.
The company also ranked No. 48 within the 2022 Fast Casual Top 100 Movers & Shakers list of innovative restaurant brands and executives shaping the fast casual segment. The judges look at profitability, growth, innovation, nimbleness and creativity. To learn more about the franchise opportunity, and to request your free franchise information booklet, please visit http://www.pjsfranchise.com.
About PJ's Coffee
PJ's Coffee of New Orleans was founded in 1978 by Phyllis Jordan, a pioneer in the coffee industry. The coffeehouse was acquired by Ballard Brands in 2008 which was spearheaded by brothers Paul, Scott and Steve Ballard. The New Orleans-based coffeehouse demonstrates that better beans, superior roasting techniques, and pure passion for the art of coffee-making matter. The brand serves a wide variety of hot, iced and frozen coffee beverages using only the top one percent of Arabica beans, as well as organic tea and fresh breakfast pastries. As the company recently celebrated its 40th year as an established brand, it continues to remain an authentic coffeehouse with a New Orleans spirit. PJ's Coffee has more than 100 locations open and operating nationally and internationally.
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SOURCE PJ’s Coffee | https://www.wibw.com/prnewswire/2022/07/11/pjs-coffee-announces-sixth-annual-veteran-franchise-license-giveaway/ | 2022-07-11T14:42:22Z |
SINGAPORE, June 7, 2022 /PRNewswire/ -- Bizverse World officially launched a strategic partnership with many of the world's leading partners in finance, investment, education, and infrastructures, such as GotBit, Defi Asia Capital (Subsidiary of SoftBank Group), Linkcube Ventures, Depro Labs, Udemy, and Agora. This cooperation will focus on accelerating Bizverse's remarkable growth rate by supporting the expansion of the entire metaverse ecosystem and upgrading the blockchain infrastructure.
A Bizverse spokesperson said: "Up to now, Bizverse has attracted over 200,000 daily active users, and the SocialFi platform has approximately 30 million interactions after only three months of launch. Bizverse is honored to have the support and investment of giants from all over the world. We appreciate and believe that this relationship will grow mutually beneficial and that Bizverse users will get to try out amazing new experiences that have never been seen before in the Metaverse."
From May 2022, Bizverse has the opportunity to cooperate with GotBit - one of the leading investment funds, Blockchain startup advisors, and a market maker today. GotBit operates as Bizverse's Top Backer in this relationship. The company acts as a catalyst for Bizverse's growth by investing in and sharing knowledge about how to run brand new crypto projects. Furthermore, GotBit has a blockchain startup incubator that has supported over 1500 successful projects.
The relationship with GotBit ensures that the project has a launchpad, allowing Bizverse members to get early access to promising new crypto tokens from diverse projects before they are publicly revealed.
Bizverse has attracted the attention of some of the world's most prominent investment funds, including "giant" SoftBank, which wants to join the Metaverse. Recognizing Bizverse's disruptive potential, Defi Asia Capital (Subsidiary of SoftBank Group), Linkcube Ventures, and Depro Labs invested 1.5 million dollars in a strategic round (for augmented reality alone). At the same time, these three companies merged to become Bizverse's VC (Venture Capital). This investment will help Bizverse improve the innovation of 3D, VR/AR, and Digital Twin technologies expanding into the ecosystem and solving real-world problems.
Without stopping there, to pursue the direction of developing technology for people and establishing a worldwide knowledge community, Bizverse has partnered with Udemy, the world's most influential online learning platform - to create breakthrough learning on Metaverse. Udemy will make approximately 200,000 courses available for free on Metaverse, covering almost every field. Bizverse's E-Class system has these courses built-in.
To improve the user experiences when interacting in real-time in the digital environment. By integrating natural interactive features, the user's experiences when using platforms to perform on Bizverse (LiveShow, Karaoke Online, Bizverse Meet, etc.) will become more vivid and authentic. Bizverse also established a relationship with Agora, the world's top video, voice, and interaction live streaming technology, which has been used at the Grammy Awards (USA).
Bizverse is one of the potential metaverse projects with a high level of prestige today, as evidenced by its collaboration with big names. This agreement will allow them to work together to establish a complete Metaverse that connects the actual and virtual worlds and fully meets users' needs in terms of work, study, and entertainment.
Bizverse world is built based on a 3D map of the natural world to develop the digital economy and digital society, according to the "Digital Twin" and "Meta-Economy" models. With the entire assistance of VR/AR technology, blockchain, and web 3, this Metaverse platform intends to develop new business channels for businesses and a digital environment for people to carry out building activities similar to the actual world.
BIZVERSE - The The Metaverse for Business
- Website: https://bizverse.io
- Global Community: https://t.me/bizverseworld
- Global Twitter: https://twitter.com/BizverseWorld
- Our Discord: https://discord.gg/gEZ7AG4Qzk
- Global Fanpage: https://www.facebook.com/bizverse.world
- Our story: https://medium.com/@bizverseworld
Media:
Name: Mai Lee
Email: mailt@bizverse.world
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SOURCE Bizverse World PTE. LTD. | https://www.wibw.com/prnewswire/2022/06/07/bizverseworld-metaverse-business-attracts-global-investments-concurrently-6-ventures-partners/ | 2022-06-07T14:05:40Z |
From summer grilling to versatile recipe creations year-round, leading plant-based cheese brand inspires new usage occasions for vegans, flexitarians and those simply looking to discover something different
VANCOUVER, BC, June 7, 2022 /PRNewswire/ -- Summer's almost here and Daiya is set to delight taste buds with the launch of two new plant-based innovations just in time for BBQs, pool parties and other warm-weather activities. The most-trusted dairy-free cheese in America today announced its Daiya Grilling Cheeze Block, the first plant-based grilling cheeze made with oats and chickpeas, which forms a crispy, golden-burst outer crust without melting away when grilled or fried, and its new Feta Style Block, which crumbles easily—and beautifully!—for use in hot or cold recipes.
"The chance to once again gather with family and friends to reconnect over our favorite foods this summer provides the perfect opportunity to awaken new and exciting culinary experiences with people—and flavors, some new and some familiar—we love," said Dan Hua, vice president of marketing at Daiya. "Our new artisan-inspired cheeze blocks, crafted with wholesome plant-based ingredients for an authentic Mediterranean taste, will inspire new tasty and robust creations and ensure those with dietary restrictions don't have to miss out."
Daiya Grilling Cheeze Block
This truly innovative cheeze—made with certified gluten-free oats and chickpeas and inspired by traditional Halloumi cheese from Cyprus—invites your taste buds to set sail on a new culinary adventure. This one-of-a-kind cheeze isn't prepared like most others: Daiya's Grilling Cheeze Block is meant to be grilled and pan-fried (or even deep-fried or air-fried!), maintaining its shape without melting. Crispy on the outside but creamy on the inside, this unique plant-based grilling cheeze also features tangy notes of herb and garlic throughout and will add an unexpected twist to all your favorite Mediterranean-inspired dishes. Not only is it the perfect addition to grilled burgers and kebabs, but it's also a great compliment to salads, sandwiches, wraps and mezze platters.
Daiya Feta Style Block
Inspired by traditional Feta cheese from Greece, Daiya's versatile and full-of-flavor Feta Style Block will transport you to the sunny seaside of Santorini: salty, tangy and bright with a semi-smooth bite. It is thinner in shape than Daiya's other plant-based blocks, like its recently announced Classic Mozza block, which allows for an easy and satisfying crumbling experience – the favorite way most consumers enjoy feta. Perfect for use in both hot and cold recipes, Daiya Feta Style Blocks are made with certified gluten-free oats and a touch of olive oil—an ideal addition to salads, wraps, bruschetta, pasta, pizzas and more.
According to a recent Bloomberg Intelligence report, the global plant-based food market is expected to reach nearly US $162B in the next decade and could make up to 7.7% of the global protein market by 2030. These strong growth predictions indicate rising demand and Daiya remains committed to delivering on flavorful and versatile category innovations that bring new possibilities to consumers while supporting the planet at the same time.
For more information about the Daiya Grilling Cheeze Block and Daiya Feta Style Block and to find them at a store near you, please visit www.daiyafoods.com.
About Daiya
Daiya Foods was founded in 2008 out of a love for food and a commitment to healthy living. Today, as an industry leader and one of the founding members of The Plant Based Foods Association-US and The Plant Based Foods of Canada Association, Daiya remains passionate about celebrating delicious food that is dairy, gluten and soy free. Its line of premium plant-based foods, like Burritos, Frozen Desserts, Pizzas, Cheezecakes, Cream Cheeze Style Spreads, and wonderful cheese alternatives, including Blocks, Shreds, Slices and Sticks, are available in the dairy case and freezer aisle. Daiya also has a line of shelf-stable products like its Mac & Cheeze, Cheeze Sauce and Dairy-Free Dressings.
Daiya's selection of deliciously plant-based foods can be found in more than 25,000 grocery stores in the U.S., including Kroger, Walmart, Target, Whole Foods, Safeway and Publix, as well as Sprouts and most natural food retailers. Daiya's products are also available internationally in Mexico, Spain, The Netherlands, South Korea, Hong Kong, and more.
For more information about Daiya, please visit www.daiyafoods.com, become a fan on Facebook or follow us on Twitter and Instagram.
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SOURCE Daiya Foods | https://www.mysuncoast.com/prnewswire/2022/06/07/daiyas-latest-plant-based-innovations-inspired-by-mediterranean-cheeses-now-available-unique-grilling-cheeze-block-made-to-crumble-feta-style-block/ | 2022-06-07T13:12:13Z |
NEW YORK, May 3, 2022 /PRNewswire/ -- AFS Intercultural Programs is proud to launch the AFS Global STEM Accelerators: a full-scholarship, virtual exchange program designed to empower 150 young women worldwide with access to education in sustainability, STEM (Science, Technology, Engineering, and Math), and social impact.
Applications are open to young women (ages 15-17.5) worldwide, with a keen interest in becoming changemakers in their communities. In addition, AFS will allocate scholarships specifically to refugees and girls from displaced populations worldwide.
Giving young people the tools to create a more sustainable future
Through immersive learning experiences, AFS Global STEM Accelerators scholars will develop critical technical competencies, like digital skills, design thinking, and data literacy, paired with global competencies, such as emotional intelligence, intercultural awareness, and teamwork – valuable skills that are increasingly necessary in the global economy and vital to contribute to a sustainable future.
Over the course of twelve weeks, scholars will develop social impact prototypes and capstone presentations that offer potential solutions to real-world challenges, with an emphasis on sustainability. Upon completion, scholars earn the Advanced Certificate on Global Competence for Social Impact, awarded by AFS and the University of Pennsylvania, along with official feedback and validation from Penn's Center for Social Impact Strategy. In addition, scholars will be invited to join AFS' global alumni community, which offers diverse mentoring opportunities and networking resources.
Empowering young people to become changemakers through STEM
AFS Intercultural Programs is a nonprofit global exchange network with decades of expertise in impact-driven education. "Skills like cross-cultural communication, empathy, and conflict resolution are mission-critical for our world. Educating more young people to become global citizens is crucial if we want to create a more sustainable future," says Daniel Obst, AFS President & CEO.
The Accelerators program is part of the broader AFS Global STEM Changemakers Initiative, a five-year grant which aims to provide 5,000 young people worldwide with immersive learning experiences through STEM, global competence, and sustainability-focused intercultural exchange programs. The initiative is administered by AFS and funded by bp, a global integrated energy company. bp supports initiatives such as this to help build the STEM talent that the world needs to create sustainable solutions and improve the diversity of talent in the STEM fields.
Applications are open through May 15. Learn more and apply at afs.org/global-stem/accelerators.
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SOURCE AFS Intercultural Programs | https://www.kxii.com/prnewswire/2022/05/03/afs-launches-150-virtual-exchange-scholarships-girls-stem-worldwide/ | 2022-05-03T17:15:38Z |
SAN FRANCISCO, Sept. 8, 2022 /PRNewswire/ -- Verana Health®—a digital health company elevating quality in real-world data—today announced it will present two research posters at the American College of Epidemiology (ACE) 2022 Annual Meeting, which will be held Sept. 8-11 in Scottsdale, Arizona.
Both research projects demonstrate the value of using quality, de-identified real-world data (RWD) curated from electronic health records (EHRs) to derive actionable insights about missing data. Researchers used de-identified RWD from the American Academy of Ophthalmology IRIS® Registry (Intelligent Research in Sight) and the American Academy of Neurology Axon Registry®.
The two abstracts to be presented as posters during the meeting at The Scott Resort & Spa in Scottsdale are:
- Combining Data from Medical Registries Reduces the Proportion of Subjects with Missing Demographic Data, presented by Lauren Wiener, Quantitative Scientist at Verana Health.
- Diabetic Retinopathy Disease Severity Missingness in Electronic Health Records, presented by Thai Hien Nguyen, MPH, at Verana Health.
Both posters will be presented and discussed on Saturday, Sept. 10 from 4:30 to 5:30 p.m.
The first poster cited above will explain how Wiener and researchers from Stanford University School of Medicine sought to reduce the proportion of missing demographic data for patients with multiple sclerosis (MS) in a neurology medical registry by supplementing it with de-identified data on the same patients from an ophthalmology registry. Researchers found that among subjects with MS in the Axon Registry, the proportion of missing demographic data was reduced by supplementing it with de-identified IRIS Registry data for race, ethnicity, and location, but not for age and sex, for which there was more initial data.
In the latter study, Thai Hien Nguyen and researchers from Stanford and Duke University Schools of Medicine sought to understand the mechanism of missingness from unspecified ICD codes for diabetic retinopathy (DR) disease severity using the IRIS Registry. On average, patients with unspecified encounters were significantly older, had better visual acuity and lower utilization of ophthalmic procedures at the time of the encounter. Researchers observed significant differences between clinical encounters with specified and unspecified disease severity. Based on these findings and clinical correlation, unspecified clinical encounters are likely associated with less severe retinopathy.
This research also demonstrates Verana Health's commitment to collaborating with medical specialty organizations, researchers, and healthcare providers to uncover new insights from de-identified RWD that could help to improve the quality of care and the treatments available for patients.
The IRIS Registry is the largest specialty society clinical data registry in all of medicine. It incorporates data on more than 75 million patients and more than 450 million billable visits. These data have been contributed by nearly 16 thousand participating clinicians across the U.S.
One of the largest real-world clinical data registries for neurology in the world, the Axon Registry incorporates de-identified data on more than 3 million patients and nearly 18 million billable visits from more than 1,400 participating clinicians.
Verana Health leverages its proprietary VeraQ™ population health data engine to help manage, curate, and analyze de-identified RWD in the IRIS Registry and Axon Registry.
To learn more about the IRIS Registry, the Axon Registry, and Verana Health's partnerships with the American Academy of Ophthalmology and American Academy of Neurology, visit: https://www.veranahealth.com/partners/.
Verana Health® is a digital health company elevating quality in real-world data. Verana Health operates an exclusive real-world data network of more than 20,000 healthcare providers (HCPs) and about 90 million de-identified patients, stemming from its strategic data partnerships with the American Academy of Ophthalmology®, American Academy of Neurology, and American Urological Association. Using its clinician-informed and artificial intelligence-enhanced VeraQ™ population health data engine, Verana Health transforms structured and unstructured healthcare data into curated, disease-specific data modules, Qdata™. Verana Health's Qdata helps power analytics solutions and software-as-a-service products for real-world evidence generation, clinical trials enablement, HCP quality reporting, and medical registry data management. Verana Health's quality data and insights help drive progress in medicine to enhance the quality of care and quality of life for patients. For more information, visit www.veranahealth.com.
Media contact:
Megan Moriarty
Amendola Communications
913.515.7530
mmoriarty@acmarketingpr.com
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SOURCE Verana Health | https://www.kxii.com/prnewswire/2022/09/08/verana-health-highlight-value-curated-real-world-data-american-college-epidemiology-2022-annual-meeting/ | 2022-09-08T15:23:20Z |
Free filtered water available at the Natural Grocers store located in Billings, Montana through June 30, 2022
LAKEWOOD, Colo., June 16, 2022 /PRNewswire/ -- Natural Grocers® offers members of Montana communities impacted by this week's significant flooding free filtered water from its store in Billings, Montana. Free water will be available starting today through Thursday, June 30, 2022.
The unprecedented recent flooding in the Yellowstone area has triggered power outages and damaged hundreds of homes in the nearby communities. The flooding has also impacted water treatment plants, leaving multiple cities in Montana without water or with boil water orders (the requirement to boil water before consumption: including eating, drinking, washing hands and faces, and brushing teeth).
Natural Grocers is offering free water from the Billings, Montana store's reverse osmosis water filtration machines for those in need. The ultraviolet sterilization process used in Natural Grocers' water dispensers disinfects the water with UV light, designed to provide safe, high-quality water that does not need to be boiled before consumption. Additionally, via multiple filtration steps, the reverse osmosis process is intended to filter out suspended particles, chlorine and a wide range of chemicals, salts, lead, impurities, and more.
Due to capacity limitations of the store's water filtration system, which can only pump 75 gallons of water every other hour, each person is limited to two free gallons of water. To fill up on free water from the organic and natural grocery retailer, customers should bring their filled receptacle to the register, along with any items they are purchasing. Customers are urged to bring their own containers to fill, though the store will have a limited assortment for purchase.
"We are here to support our community as we navigate this disaster together. Please spread the word to friends and neighbors. We are thankful for your business and hope this can help you and your family during these hard times," said Mat Topham, Regional Manager for Natural Grocers.
- For location and hours of the Natural Grocers store in Billings, Montana, click here.
- For media requests, please contact media@naturalgrocers.com.
ABOUT NATURAL GROCERS BY VITAMIN COTTAGE
Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is an expanding specialty retailer of natural and organic groceries, body care products, and dietary supplements. The products sold by Natural Grocers must meet strict quality guidelines and may not contain artificial colors, flavors, preservatives or sweeteners, or partially hydrogenated or hydrogenated oils. The Company sells only USDA-certified organic produce and exclusively pasture-raised, non-confinement dairy products, and free-range eggs. Natural Grocers' flexible smaller-store format allows it to offer affordable prices in a shopper-friendly, clean, and convenient retail environment. The Company also provides extensive free science-based Nutrition Education programs to help customers make informed health and nutrition choices. The Company, founded in 1955, has 162 stores in 20 states. Visit www.NaturalGrocers.com for more information and store locations.
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SOURCE Natural Grocers by Vitamin Cottage, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/16/natural-grocers-provides-free-filtered-water-montana-communities-affected-by-flooding/ | 2022-06-16T23:15:10Z |
The company continues to expand its solar team as demand for high-performing facilities grows
DENVER, June 22, 2022 /PRNewswire/ - PCL Construction continues to see outstanding growth in its solar division, reaching more than half a billion dollars in annual revenue in 2021. PCL's solar sector team also nearly doubled in the same time-period, growing from 119 employees to 214. As demand for renewable energy accelerates, PCL has expanded solar operations across six states and three countries.
"The demand for high-performing solar facilities will only increase in the coming years as the world transitions away from carbon-producing forms of energy generation," says Andrew Moles, director of solar for PCL Construction. "PCL has risen to the challenge by assembling an outstanding renewable energy team ready to meet the needs of this ever-growing market."
To date, PCL has contracted more than $2 billion in solar energy for key players in the technology and utility industries. Notable projects include:
- The Travers Solar Project is a nearly 700-megawatt, direct current solar project which will cover 3,300 acres and generate enough electricity for approximately 100,000 homes annually upon completion. The $700-million project is the largest solar facility ever built in Canada and is being constructed by 750 workers. The project is expected to be complete in the fall.
- The McKellar Solar Project in Madison County, Tennessee will be one of the largest solar facilities in the Tennessee Valley once it is completed. The 95-megawatt, direct current facility is funded by Silicon Ranch, who will also own, operate, and maintain the facility, a disciplined approach the company takes with every project it develops.
- The Shakes Solar Project, which will be complete by the end of 2022, is currently one the largest solar facilities PCL has constructed in the U.S. at 1,800 acres. The facility is owned and operated by Cypress Renewables and can generate 270-megawatt direct current that is sent via 138-kilovolt transmission line to a substation more than 16 miles away. From the substation the energy is then used to power 36,000 homes in south Texas.
Moles cites the team's experience building conceptual solar designs as evidence of their ability to solve any challenges that arise and deliver high-performing facilities. The team also continues to diversify its skilled offerings for solar projects, establishing itself as a multi-service partner for clients. For example, PCL is skilled in Battery Energy Storage Systems (BESS), which store solar energy for later use such as during the night or an overcast day. Finally, to gain greater control over project schedules and costs, PCL now self-performs 75% of the work on solar projects.
With every project, PCL's team becomes more adaptable and skilled at finding opportunities for innovation, according to Brad Hise, operations manager for PCL, U.S. Solar.
"Not one of the more than 50 solar projects built by PCL has been the same," says Hise. "Each time we take what we learned to streamline processes, serve as better advisors to our clients, and move the standard for excellence on solar projects even higher. Our diverse experience is one reason PCL has built a reputation as the go-to name in solar construction."
PCL is a group of independent construction companies that carries out work across the United States, Canada, the Caribbean, and in Australia. These diverse operations in the civil infrastructure, heavy industrial, and buildings markets are supported by a strategic presence in more than 30 major centers. Together, these companies have an annual construction volume of more than $6 billion USD, making PCL one of the largest contracting organizations in North America. Watch us build at www.pcl.com.
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SOURCE PCL Construction | https://www.mysuncoast.com/prnewswire/2022/06/22/pcl-construction-reports-60-increase-revenue-solar-construction-year-over-year/ | 2022-06-22T12:27:12Z |
DALLAS (KDAF) — Three’s company but we don’t think it’ll be too crowded for three people to win a chunk of cash from the Texas Lottery.
The lottery reports three $25,000 winning tickets from Monday night’s Cash Five drawing were sold in North Texas, South Texas and Southeast Texas. The winning numbers from the August 1 drawing were 7, 9, 19, 32 and 35; each of the tickets matched all five of those numbers to win the top prize.
The first of the winning tickets was sold at Speedy Stop Store on Highway 6 North in Houston (Quick Pick), the second, sold at Circle K on 2701 FM 3009 in Schertz (not a QuickPick), the last was sold at a RaceTrac on Cockrell Hill Road in Duncanville (not a Quick Pick).
There were also 108 secondary prize winners who matched four of the five numbers to win $350 each. In total there were over 31,000 winners in Texas who won at least a Free Cash Five QP and as much as $25,000. | https://cw33.com/news/texas/3-25000-winning-texas-lottery-tickets-sold-near-dallas-san-antonio-in-houston/ | 2022-08-02T14:37:16Z |
Fed set to impose another big rate hike to fight inflation
WASHINGTON (AP) — With inflation at a four-decade high, the job market strong and consumers still spending, the Federal Reserve is under pressure to continue raising interest rates aggressively.
When it ends its latest policy meeting Wednesday afternoon, the Fed is expected to impose a second consecutive three-quarter-point hike in its benchmark interest rate, raising it to a range of 2.25% to 2.5%. It will be the Fed’s fourth rate hike since March. Since then, with inflation setting new four-decade highs, the central bank has tightened credit ever more aggressively.
A news conference that Chair Jerome Powell will hold Wednesday — and whatever signals, if any, he sends about the Fed’s next steps — will draw intense interest.
By raising borrowing rates, the Fed makes it costlier to take out a mortgage or an auto or business loan. In turn, consumers and businesses will likely borrow and spend less, cooling the economy and slowing inflation. The Fed’s hikes have already led to a doubling of the average rate on a 30-year fixed mortgage in the past year, to 5.5%, and home sales have tumbled. The central bank is betting it can slow growth just enough to tame inflation yet not so much as to trigger a recession — a risk that many analysts fear may end badly.
Some analysts point to signs that the economy is slowing and might even have shrunk in the first half of the year. As a result, they worry that the Fed could end up tightening credit too much, too fast, and end up causing a downturn that would lead to layoffs and rising unemployment.
In the meantime, the surge in inflation and fear of a recession have eroded consumer confidence and stirred public anxiety about the economy, which is sending frustratingly mixed signals. With the November midterm elections nearing, Americans’ discontent has diminished President Joe Biden’s public approval ratings and increased the likelihood that the Democrats will lose control of the House and Senate.
On Thursday, when the government estimates the gross domestic product for the April-June period, some economists think it may show that the economy shrank for a second straight quarter. That would meet one longstanding assumption for when a recession has begun.
But economists say that wouldn’t mean a recession had started. During those same six months when the economy might have contracted, employers added 2.7 million jobs — more than were gained in most entire years before the pandemic. Wages are also rising at a healthy pace, with many employers still struggling to attract and retain enough workers.
The definition of recession that is most widely accepted is the one determined by the National Bureau of Economic Research, a group of economists whose Business Cycle Dating Committee defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.” The committee assesses a range of factors before publicly declaring the death of an economic expansion and the birth of a recession — and often does so well after the fact.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/27/fed-set-impose-another-big-rate-hike-fight-inflation/ | 2022-07-27T15:10:41Z |
TROY, Mich., June 21, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced an online tool to streamline its 24-hour Driveshaft on Demand (DOD) program, enabling customers to quickly and efficiently identify and order replacement driveshaft products from MeritorPartsXpress.com.
"At Meritor, we are committed to putting out-of-service vehicles back on the road as soon as possible," said Jeff Amalfitano, senior product manager for Meritor. "As we continue to innovate our DOD program, this new update will reduce the time it takes to report and replace customer driveshaft orders compared to the email-based submission process. Enhancing our digital footprint continues to be a priority at Meritor as we work to improve quality and efficiency in customer relations."
The initial launch of the DOD program took place in 2017 to increase turnaround time for customers who required a replacement driveshaft. Product lines included in the program are the Meritor Xtended Lube MXL™, Meritor Permalube™ RPL 20/25/35, Dana Spicer® 10 Series, 1610/1710/1760/1810 and Dana Spicer® 140/170/250/350. In 2020, the program was expanded to include Canadian manufacturing locations to further improve lead time in that region.
The new tool is accessible to registered MeritorPartsXpress.com users on any device including smartphones, tablets and laptops, and includes high-quality images, step-by-step instructions, and instructional videos on how to identify and specify a driveshaft, even when a part number is not readily available.
All replacement driveshafts ordered through Driveshaft on Demand are built with high quality components to exacting Meritor specifications, shipped within 24-hours of the order and come with a 2-year nationwide warranty.
The current email-based order submission process will be phased out. Original equipment dealers and warehouse distributors can now obtain the desired driveshaft directly through the web platform. Customers will still be able to order replacement or customizable driveshafts at competitive prices with same-day or next-day shipping arrangements, eliminating long lead times.
About Meritor
Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. With more than a 110-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers around the world. Meritor is based in Troy, Mich., United States, and is made up of more than 9,600 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries. Meritor common stock is traded on the New York Stock Exchange under the ticker symbol MTOR. For important information, visit the company's website at www.meritor.com.
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SOURCE Meritor, Inc. | https://www.kxii.com/prnewswire/2022/06/21/meritor-announces-new-spec-tool-driveshaft-demand-program/ | 2022-06-21T21:31:48Z |
The plummeting water level of Lake Mead has exposed one of the reservoir's original water intake valves for the first time, officials say.
Amid the West's climate change-fueled megadrought, Lake Mead -- the largest manmade reservoir in the country and a source of water for millions of people -- has fallen to an unprecedented low.
The valve had been in service since 1971 but can no longer draw water, according to the Southern Nevada Water Authority, which is responsible for managing water resources for 2.2 million people in Southern Nevada, including Las Vegas.
Photos taken Monday show the eldest of the agency's three intake valves high and dry above the water line.
"When the lake hit 1060 (feet above sea level), that's when you could start to see the top of the intake number one," said Bronson Mack, public outreach officer for the Southern Nevada Water Authority.
Lake Mead hit 1,060 feet above sea level on April 4 and stands at 1055 feet as of Wednesday, he said.
As a result, the water authority has begun operating new, low-lake pumping station for the first time -- a valve situated deeper at the bottom of Lake Mead. The station, which began construction in 2015 and was completed in 2020, is capable of delivering water with the lake at a much lower level, and was built to protect the region's water resource in light of worsening drought.
"There was no impact to operation's ability to deliver water," Mack said. "Customers didn't notice anything. It was a seamless transition."
Water flowing down the Colorado River fills Lake Mead and Lake Powell -- another critical reservoir in the West -- and the river system supports more than 40 million people living across seven Western states and Mexico. Both reservoirs provide drinking water and irrigation for many communities across the region, including rural farms, ranches and native communities.
The federal government declared a water shortage on the Colorado River for the first time last summer. The shortage triggered mandatory water consumption cuts for states in the Southwest, which began in January.
And in March, Lake Powell dropped below a critical threshold that threatens the Glen Canyon Dam's ability to generate power.
The West is in its worst drought in centuries, scientists reported Monday. A study published in February found the period from 2000 to 2021 was the driest in for the region 1,200 years.
The human-caused climate crisis has made the West's megadrought 72% worse, the study noted.
"We're kind of in some uncharted territory, socially and economically," Justin Mankin, assistant professor of geography at Dartmouth College and co-lead of the National Oceanic and Atmospheric Administration's Drought Task Force, told CNN in March.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/this-water-intake-valve-at-lake-mead-is-exposed-for-the-first-time-amid-historic/article_e2becead-3ada-5f1d-ae47-63114621f844.html | 2022-04-28T00:30:05Z |
Award-winning loyalty program praised for expanded member benefits as it makes Best Hotel Rewards Program list six years in a row
ROCKVILLE, Md., Aug. 16, 2022 /PRNewswire/ -- Choice Privileges, the award-winning loyalty program from Choice Hotels International, Inc. (NYSE: CHH), has once again been recognized by U.S. News & World Report as a top hotel loyalty program, according to the publication's newly released 2022-2023 Best Hotel Rewards Program list. The latest accolade marks the sixth consecutive year Choice Privileges has been distinguished as a leader in the hotel rewards category, and highlights Choice's continued commitment to delivering exceptional value to travelers.
"Today's best loyalty programs are the ones that listen to travelers and ensure year-after-year they continue to resonate with guests' unique travel needs," said Jamie Russo, vice president, loyalty programs and customer engagement. "Member feedback has always been the driving force behind the Choice Privileges loyalty program and our recurring recognition by U.S. News & World report as an industry leader affirms the value our unique perks and rewards offers travelers."
To compile its distinguished annual list, U.S. News & World Report evaluated the top programs designed for everyday travelers and used a methodology that weighed five components: network size, property diversity, geographic coverage, added benefits and ease of earning a free night. For the 2022-2023 rankings, U.S. News created an additional scoring category to reward loyalty programs – like Choice Privileges – that continued to be flexible with members due to the COVID-19 pandemic.
This past year, in addition to continuing its hallmark exclusive member rate and popular Your Extras offerings, Choice Privileges unveiled several enhancements for its members, including:
- Free night redemptions at 21 Penn National Gaming casino properties.
- The Choice Privileges Eat & Earn program, which allows members to earn bonus points for every dollar spent at more than 30,000 participating restaurants across the U.S.
- The ability to convert Choice Privileges points to cryptocurrency, in collaboration with Bakkt.
- Discounted Cedar Fair passes to Choice Privileges elite members.
- Discounted entertainment and tickets through a new collaboration with Entertainment Benefits Group.
The Choice Privileges loyalty rewards program has also consistently been highly ranked in USA Today's 10Best Readers' Choice Awards list. Choice Privileges membership is free and offers fast rewards, including bonus points, airline miles, or credits for premium coffee and shared rides through the exclusive, personalized, Your Extras welcome gift benefit. Choice Privileges members can earn points for future stays at Choice-branded hotels; for more information or to enroll in Choice Privileges, visit https://www.choicehotels.com/choice-privileges/.
A complete list of travel programs recognized by U.S. News & World Report is available at https://travel.usnews.com/rankings/travel-rewards/.
About Choice Hotels®
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. On August 11, 2022, Choice acquired Radisson Hotels Americas, adding nine brands and approximately 67,000 rooms in the United States, Canada, Latin America and the Caribbean to its portfolio. With 22 brands, Choice Hotels has more than 7,500 hotels, and nearly 650,000 rooms, in 46 countries and territories as of August 11, 2022. The Choice® family of hotel brands provide business and leisure travelers with a broad range of high-quality lodging options from limited service to full-service hotels in the upper upscale, upper mid-scale, midscale, extended-stay and economy segments. The award-winning Choice Privileges® loyalty program offers members a faster way to rewards, with personalized benefits starting on day one. For more information, visit www.choicehotels.com.
© 2022 Choice Hotels International, Inc. All rights reserved.
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SOURCE Choice Hotels International, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/16/choice-privileges-recognized-top-hotel-loyalty-program-by-us-news-amp-world-report/ | 2022-08-16T19:32:10Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Rivian Automotive, Inc. ("Rivian" or the "Company") (NASDAQ: RIVN). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Rivian and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On or around November 10, 2021, Rivian conducted its initial public offering ("IPO") of 153 million shares priced at $78.00 per share. Unbeknownst to investors, the Registration Statement failed to disclose, among other things, that the Company's electric vehicles were underpriced to such a degree that Rivian would have to raise prices shortly after the IPO and that these price increases would tarnish Rivian's reputation as a trustworthy and transparent company and would put a significant number of the existing backlog of 55,400 preorders along with future preorders in jeopardy of cancellation. Since the IPO, Rivian's stock price has closed as low as $42.21 per share, down nearly 46% from the $78.00 offering price.
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.mysuncoast.com/prnewswire/2022/04/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-rivian-automotive-inc-rivn/ | 2022-04-12T01:16:29Z |
CARLSBAD, Calif., June 15, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has received an award from U.S. Department of Defense (DoD) through the Information Warfare Research Project (IWRP) to conduct research on the use of 5G to support communications for Expeditionary Advanced Base Operations (EABO). The research will focus on network enhancements, command and control (C2) and delivering advanced processing through the integration of digital twin and agile software defined network (SDN) capabilities. This is the third award Viasat has received as a part of the DoD's $600M research initiative partnering with industry and academic leaders to explore and advance the use of 5G technology on the battlefield.
Viasat is working with the DoD to support development of advanced communications and enable concept of operations (CONOPs) for warfighters. Achieving secure, resilient communications across multiple transports in expeditionary environments is a challenge due to the need to rapidly set up and tear down the network, work across multiple networks and classifications, and operate in austere and contested cyber and electronic warfare (EW) conditions. Through this research, Viasat will explore how 5G networking and partner solutions can integrate to support EABO missions, including needs for Long Range Precision Fires, Forward Arming and Re-Fueling Points (FARP), and persistent Intelligence, Surveillance, and Reconnaissance (ISR) capability.
Using a phased approach, Viasat will address specific application areas of 5G dynamic radio frequency (RF) spectrum and adaptive network planning and management to enable Low Probability of Intercept/Low Probability of Detection (LPI/LPD) through enhanced deployment of 5G nodes for EABO. This research will also look at how to enhance 5G RF and network planning with digital twin models, use 5G mobile edge compute (MEC) to enable tactical edge compute with artificial intelligence and machine learning, as well as how to rapidly deploy and operate a mobile infrastructure in a dynamic and contested environment.
"Like the DoD, we see the significant potential for 5G to enhance the warfighter's ability to produce, consume, and make sense of mission critical data at the point and time of need in contested and congested environments to support JADC2 enablement," said Craig Miller, president, Viasat Government Systems. "The ability to swiftly move information and data across the battlespace is essential to the multi-domain and joint-force operations needs of the future. The addition of 5G bandwidth and network management capabilities will support C2 for specific missions and greater visibility across highly dispersed forces in EABO and littoral operations in contested environments."
These research experiments, which will be conducted over four years, will use the Viasat Expeditionary Lightweight Integrated Tactical Edge (ELITE) Kit solution to integrate user tactical applications with a variety of existing and emerging tactical communication networks to bring an enhanced on-site C2 and situational awareness (SA) capability. The research will also leverage Viasat's 5G and tactical networking System Integration Lab (SIL) to integrate digital twin capabilities using network modeling and emulation software for enhanced network planning and simulation. Additionally, Viasat's NetAgility™ product will be integral in enabling intelligent network routing and management applications, combining numerous transports seamlessly to simplify network orchestration.
About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include statements about the timing, features, resources and expected benefits of Viasat's involvement with 5G network research programs and testing for the DoD, as well as the future use and benefits for 5G technology and networks for DoD missions. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations; delays in approving U.S. government budgets and cuts in government defense expenditures; and increased competition and other factors affecting the government and defense sectors generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.
Copyright © 2022 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. NetAgility is a trademark of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
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SOURCE Viasat, Inc. | https://www.kxii.com/prnewswire/2022/06/15/viasat-conduct-5g-network-research-with-department-defense-support-expeditionary-advanced-base-operations/ | 2022-06-15T13:18:12Z |
Hard Rock Hotels' Newest Property Unveils Show Stopping Entertainment Venues, Innovative Culinary Concepts, and Immersive Guest Experiences
NEW YORK, April 25, 2022 /PRNewswire/ -- Hard Rock International today announced the opening of the much-anticipated Hard Rock Hotel New York. Uniquely situated in the heart of Midtown Manhattan, steps from iconic landmarks including Radio City Music Hall, Rockefeller Center and the Theater District, Hard Rock Hotel New York offers a backstage pass to the city's historic Music Row, honoring its legacy through intricate design, curated amenities, and award-winning guest experiences.
"New York City is one of the greatest cities in the world and we are honored to open our doors to locals and travelers looking for a best in class hotel, dining, and entertainment experience," said Jim Allen, Chairman of Hard Rock International. "Hard Rock has had a presence for decades in the City, but this location will deliver an entirely new experience from the brand that's been synonymous with music and entertainment for over 50 years."
Dynamic Entertainment
Paying homage to Music Row, the mecca of recording studios and music stores that once lined 48th Street, Hard Rock Hotel New York offers live music across all public spaces with a dynamic and engaging approach to entertainment programming.
As part of a groundbreaking brand partnership between Hard Rock International and Audacy, one of the largest broadcasters in the United States, Hard Rock Hotel New York is home to an integrated Audacy Live state-of-the-art performance studio and entertainment hub. A series of recording sessions, live events, and intimate performances from A-list artists will be featured on an ongoing basis.
The Venue on Music Row is the hotel's show stopping feature with an extraordinary entertainment space spanning two floors inspired by New York from a bygone era when jazz clubs, speakeasies, and dinner-theater performances reigned supreme. The Venue is set to be a must-visit destination, playing host to world class entertainment performances as well as fashion shows, after-parties, and gala dinners for some of the city's most sought-after moments.
Striking Accommodations
Hard Rock Hotel New York features 446 exquisitely designed guest rooms and specialty suites offering floor-to-ceiling windows that showcase the city's vibrant energy. The rooms are designed with striking blue tones and gold accents, which are inspired by the city lit up at dusk, when the night falls and marquee lights shine. Guests will find iconic imagery of notable artists printed on glass doors along with sound wave carpet patterns and sculptural artwork above the headboards. With a variety of room types ranging from well-appointed King Rooms to Platinum Suites with terraces, each features Kimono robes, Lavazza® espresso, Rock Spa® bath products, and high speed Wi-Fi to complete the act.
Sitting atop the 36th floor is the jewel of the Rock Star Suite, a glass-enclosed penthouse with expansive city views, original contemporary artwork, bespoke music memorabilia, and one of the largest terraces for entertaining in New York City at 1,600 sq. ft. The sleek interior design includes double height ceilings and rich tones and textures creating an inviting and timeless space. On its first level, the suite features an open-plan living and dining area with a bar and butler pantry, an outdoor bar, VIP direct access to the RT60 rooftop bar & lounge, and more. Guests can retreat upstairs to a luxurious bedroom area with a walk in closet and contemporary bathroom featuring a red free standing bathtub.
Eclectic Food & Beverage Experiences
A multitude of day to night culinary and cocktail concepts grace the hotel, including fine dining at the upscale NYY Steak in partnership with the New York Yankees, the brand's all-day signature Sessions Restaurant & Bar, and RT60 Rooftop.
At NYY Steak, Mozambique wood paneled walls are complemented by autographs from famed players while heritage-sourced steaks, local market seafood and creative main dishes are served on fine China inscribed with player numbers within the iconic franchise insignia. NYY Steak is open daily, providing an elevated backdrop for business lunches and celebration dinners.
From day to night, Sessions Restaurant & Bar represents the soundtrack of New York, serving farm-fresh fare for breakfast, lunch, and evening bites daily. Located on the main level and accessible by a grand staircase from the street, this light-filled atrium with an open-air terrace offers live, unplugged musical performances that embody the vitality and ingenuity of the city.
Guest and locals can discover the city from new heights at RT60 bar and lounge located on the 34th floor. Delivering masterfully crafted cocktails, shareable bites and an effortlessly stylish scene, RT60 will elevate music & entertainment in Midtown Manhattan.
World-Famous Merchandise
One of Hard Rock's most appealing aspects to the adventurous traveler is the local Rock Shop®. Hard Rock Hotel New York will feature a Rock Shop accessible from 48th street for the guest who loves to wear or gift the season's latest trends, highlighting the City and location they visit. Hard Rock's merchandise is for collectors and any visitor looking to take home a part of the legendary experience they had at Hard Rock Hotel New York.
Music-Infused Design
From the moment of arrival, guests are greeted by an artistic expression of music, transporting them to a new, exciting, and engaging atmosphere that brilliantly exudes the entertainment energy of New York with the culture and history of Hard Rock.
Spearheaded by award-winning design firm Jeffrey Beers International, the artistic expression of music is layered in meticulous detail throughout every area of the hotel. In each space, the guest discovers a design or sculptural homage to music, such as guitars and brass wind instruments, or to music notes and sound waves. Bold materials include lush dark woods, striking marbles, luxurious brass finishes, and tactile leather and velvet fabrics. The rich color palette features the property's signature blue, distinguished browns, warm golds and brass, and pops of metallic silver, lush greens, and vibrant reds.
Signature Hard Rock memorabilia lines the walls with displays from artists across generations and genres including a classic leather motorcycle jacket owned and worn by Joey Ramone; a pair of silver patent leather boots worn by Lady Gaga; handwritten lyrics for John Lennon's 1972 ode to his adopted home, "New York City,"; and custom outfits from Jay Z and Beyoncé among other iconic pieces.
Immersive Guest Experiences
In true Hard Rock style, a variety of signature brand experiences and amenities exclusive to Hard Rock Hotels can be found in New York. Amenities include the Sound of Your Stay® which allows guests to listen to Tracks® curated playlists inspired by the city they're in, Crosley record players available upon request with Wax®, or play a Fender guitar with Picks® in the privacy of their room. The Unleashed® pet program will welcome four legged friends to enjoy the same memorable experience as their pet parents. Guests are invited to exchange the traditional city map for Soundtracks® interactive area guides which are curated by Hard Rock and musical artists to showcase the best of each destination.
Beyond the public spaces, Hard Rock Hotel New York weaves the kinetic force of music into health and wellness offerings, featuring the brand's signature Rock Om® program fusing the practice of yoga with the rhythm of a custom DJ-curated soundtrack for on-demand in-room sessions. Building on the existing offering, expect the hotel to introduce a series of transformative experiences including rooftop moonlight yoga sessions.
Hard Rock Hotel New York introductory nightly rates start from $475. For more information and reservations, please visit www.hardrockhotels.com/new-york.
About Hard Rock®:
Hard Rock International (HRI) is one of the most globally recognized companies with venues in 68 countries spanning 253 locations that include owned/licensed or managed Hotels, Casinos, Rock Shops®, Live Performance Venues and Cafes. HRI also launched a joint venture named Hard Rock Digital in 2020, an online sportsbook, retail sportsbook and internet gaming platform. Beginning with an Eric Clapton guitar, Hard Rock owns the world's largest and most valuable collection of authentic music memorabilia at more than 86,000 pieces, which are displayed at its locations around the globe. In 2021, Hard Rock was honored as one of Forbes Magazine's Best Employers for Diversity, a Top Employer for Women and the Top Employer in the Travel & Leisure, Gaming, and Entertainment Industry. Hard Rock was also designated as a U.S. Best Managed Company by Deloitte Private and The Wall Street Journal and named the top performing hotel brand in J.D. Power's North America Hotel Guest Satisfaction Study for the third consecutive year in 2021. The brand is owned by HRI parent entity The Seminole Tribe of Florida. For more information on Hard Rock International, visit www.hardrock.com or shop.hardrock.com.
About Hard Rock Hotels & Casinos®
Hard Rock Hotels & Casinos is internationally recognized as a leader in the hospitality industry – offering world-class entertainment, contemporary designs, incomparable service and one-of-a-kind brand amenities, catering to modern travelers who seek a reprieve from traditional, predictable hotel experiences. Driven by integrity, philanthropy and unparalleled guest experiences, the brand adorns 27 distinctive Hotels and 9 Hotels & Casinos in the world's most enviable destinations. Hard Rock Hotels provide amazing live music, dining options that make guests' taste buds sing, head-to-toe wellness services and many more amenities, in addition to offering best in class protocols for health and safety which Hard Rock deems SAFE+ SOUND. For more information on Hard Rock Hotels, visit hardrockhotels.com.
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SOURCE Hard Rock Hotel New York | https://www.wibw.com/prnewswire/2022/04/25/hard-rock-hotel-new-york-makes-its-debut/ | 2022-04-25T13:36:48Z |
College baseball player has leg amputated following horrific boating accident, family says
GREENVILLE, N.C. (WITN/Gray News) – A prospective college baseball player had his lower leg amputated following a horrific boating accident that left him severely injured.
Parker Byrd has undergone numerous surgeries since the accident on Bath Creek on July 23.
Byrd was one of two people who fell off their tubes. Byrd’s friend safely got back on the boat, but as Byrd was approaching the boat, the ski rope got caught in the propeller and pulled Byrd toward it. Byrd was hit by the propeller and seriously injured.
Byrd has committed to playing baseball at East Carolina University as a freshman.
His mother Mitzi Byrd posted on social media confirming that her son had surgery to amputate his right leg below his knee. According to the post, doctors may have to perform another amputation above the knee.
“This is hard. I’m not going to lie, this is REALLY hard,” Mitzi Byrd wrote in another Facebook post. “Parker is trying to process it and we are trying to process it. I begged God to provide a miracle but we have to trust his plan.”
Parker Byrd underwent another surgery Friday morning to clean up and close some areas following the amputation. His mother said that marks surgery number nine.
Copyright 2022 WITN via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/05/college-baseball-player-has-leg-amputated-following-horrific-boating-accident-family-says/ | 2022-08-05T20:52:39Z |
NEW YORK, June 23, 2022 /PRNewswire/ -- Today, global software investor Insight Partners announced the establishment of its Government Advisory Board, a group of government and defense leaders whose combined expertise will provide a valuable, actionable network for Insight's portfolio of software startup and ScaleUp companies. With a 25+ year legacy of investing in software, Insight Partners already has a long history of investing in government across federal, defense, state, and local sectors (including K12). The Government Advisory Board will advise Insight Partners about important public sector investment opportunities and risks, and bring their deep experience to the broad set of portfolio companies that are working with government customers.
The government, across all sectors, needs the next generation of great software companies to better serve constituents, modernize government, and deliver services more effectively and securely. With investments in companies from all corners of the globe, Insight has always maintained a belief that great software companies can originate from anywhere, and with the right strategic partner, expand rapidly into new markets. The Government Advisory Board allows Insight to bring the perspectives of former government leaders to provide strategic counsel to portfolio companies—so they can be better equipped to support government agencies across a range of important missions.
Insight Partners' Government Advisory Board is made up of preeminent leaders with many decades of experience in the U.S. government, including:
- Secretary Ash Carter, the 25th United States Secretary of Defense, and Director of the Belfer Center for Science and International Affairs at Harvard University's John F. Kennedy School of Government.
- Honorable Sue Gordon, former Principal Deputy Director of National Intelligence, former Deputy Director of the National Geospatial-Intelligence Agency, and career Central Intelligence Agency official.
- Lieutenant General (ret.) Jack Shanahan, former Director of the U.S. Department of Defense (DoD) Joint Artificial Intelligence Center (JAIC), and first Director of the Algorithmic Warfare Cross- Functional Team (Project Maven).
- Essye Miller, former Principal Deputy Chief Information Officer and CISO of the U.S. Department of Defense.
- Honorable Dr. Will Roper, former Assistant Secretary of the Air Force for Acquisition, Technology and Logistics, and founding Director of the Pentagon's Strategic Capabilities Office.
- Nicole Wong, former Deputy U.S. Chief Technology Officer in the Obama Administration, Vice President and Deputy General Counsel at Google, Twitter's Legal Director for Products, and inaugural member of the Cybersecurity and Infrastructure Security Agency (CISA) Advisory Committee.
- General (ret.) Joe Votel, former Commander of Central Command (CENTCOM) and Special Operations Command (SOCOM), and President and CEO of Business Executives for National Security (BENS).
"We're honored to launch a Government Advisory Board of leaders who bring a diverse set of experiences across government and administrations at the most senior levels. They are passionate about supporting entrepreneurs and believe commercial software is key to modernizing government in its important missions," said Richard Wells, Managing Director at Insight Partners. "Insight believes there is significantly more opportunity to invest in the software solutions transforming the government sector, and the Government Advisory Board has the opportunity to shape and strengthen our success as we continue to scale up in government and defense."
"The ability of the United States government to deliver on its important missions—from national defense to Veterans health care to local K12 education—increasingly rests on government agencies being able to find, try, and use great commercial software," said Secretary Ash Carter. "That's why I rebuilt the Defense Department's links closer to the proverbial Silicon Valley when I was Secretary of Defense—via the creation of the Defense Innovation Unit, Defense Digital Services, and the Defense Innovation Board—and why I'm so dedicated to working with Insight Partners and their portfolio of leading software companies."
"I'm enthusiastic about the opportunity to work with these accomplished, inspiring colleagues at Insight Partners to help companies advance their capabilities and the government achieve its aims," said Sue Gordon.
"After my experiences running two AI 'startups' in the Department of Defense, I am honored to join my esteemed colleagues on Insight Partners' government advisory board," said Lt General (ret.) Jack Shanahan. "We are excited by the opportunity to work closely with Insight Partners in their quest to find the country's best technology companies and help solve the government's most pressing challenges."
"Insight Partners is very thoughtful and deliberate in identifying companies with innovative solutions and helping them scale to meet the critical needs of our nation and the world. I am excited to partner with the other amazing Government Advisory Board members to support Insight," said Essye Miller.
"Digital technology is driving the world at an accelerated rate. Yet the U.S. government keeps falling further behind. I'm very excited to work with Insight Partners' to navigate challenges of working with the government at software speeds," said Will Roper.
"Government—as a customer, funder, and regulator—needs to be working with the best software companies, to promote economic growth, fairness, and innovation," said Nicole Wong. "I'm delighted to join the Insight Partners Government Advisory Board, and am excited to work with the team at Insight and the word-class entrepreneurs they support."
"I am really excited to work with Insight Partners as they try to help these highly innovative companies that are so important to helping the US maintain its competitive edge," said General (ret.) Joe Votel.
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 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.kxii.com/prnewswire/2022/06/23/insight-partners-announces-government-advisory-board-advise-insight-help-software-leaders-solve-governments-most-pressing-technological-challenges/ | 2022-06-23T14:40:52Z |
Project to Deliver 80,053K SF Along I-90 Corridor
MOUNT PROSPECT, Ill., June 21, 2022 /PRNewswire/ -- Seefried Properties, a national real estate firm specializing in the development, leasing and management of industrial properties, announce construction has commenced on a new 80,053-square-foot speculative distribution facility in Mount Prospect, Illinois. The Class A project is located in the heart of the O'Hare industrial submarket only 2.5 miles from the airport's North Cargo Gate and will be designed to accommodate freight-forwarding and air cargo warehousing. The endeavor confirms the fourteenth building Seefried has developed within the O'Hare market.
Within one week of breaking ground on the new facility, Seefried is pleased to announce its first lease has been signed. World Courier Inc., a world-class medical logistics company and wholly owned subsidiary of AmerisourceBergen (NYSE: ABC) has leased 34,011 square feet. Mike Feeney and Jay Cook with Cresa represented the tenant and Mike Sedjo, Jack Brennan, John Hamilton and Ben Dickey of CBRE represented Seefried in the transaction.
"With vacancy rates in Chicago reaching record lows, we're excited to bring new class A product to the market," said Dave Riefe, Senior Vice President of Seefried. "We continue to seek out infill locations in Chicago and the greater Midwest to provide supply for the growing demand."
An additional 46,042 square feet remain available for Q4 2022 occupancy. Marketing and leasing efforts for the project will be exclusively handled by CBRE. Principle Constructors is the General Contractor, Kimley-Horn is serving as the Civil Engineer and Harris Architects is the Architect of record. The rear-load industrial building will sit on 5.4 acres and will feature a 32' clear height, 16 exterior dock doors, ample car parking, 17 trailer stalls and prominent exposure on I-90.
Founded in 1984 by Ferdinand Seefried, Seefried Industrial Properties specializes in the development, leasing and management of industrial real estate in key markets across the U.S. Seefried leases and manages approximately 40 million square feet for its institutional and European clients and has developed, or is in the process of developing, approximately 190 million square feet of space valued in excess of $17 billion across 120+ markets. Based in Atlanta, the firm has regional offices in Dallas, Chicago, Los Angeles, and Phoenix. For more information, please visit www.seefriedproperties.com
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SOURCE Seefried Industrial Properties | https://www.mysuncoast.com/prnewswire/2022/06/21/seefried-properties-break-ground-new-distribution-facility-mount-prospect-il/ | 2022-06-21T21:01:16Z |
Footage of Prince as an 11-year-old is unearthed by a Minnesota news station
By Scottie Andrew, CNN
A CNN affiliate station in Minneapolis stumbled upon a rare gem — archival footage of the late, great icon Prince at 11 years old, supporting public school teachers on strike.
Staffers at WCCO were combing through the station’s archives for old clips from a local teachers’ strike in 1970 to include in a piece about a more recent strike when they spotted a familiar face in one of the clips.
An interviewer in the 1970 clip asked a young boy whether most of the kids present at the strike were in favor of their teachers picketing. The boy, wearing a very familiar smirk, replied, “Yup.”
“I think they should get some more money, because they work extra hours for us, and all that stuff,” he said in the clip.
The staff at WCCO were certain that the boy they’d spotted was Prince — the only thing they were missing was footage of the boy saying his name. So, to confirm his identity, the station reached out to Prince’s old friend and schoolmate Terrance Jackson, who’d known the Purple One since kindergarten and even performed with him in his first band, Grand Central.
When WCCO anchor Jeff Wagner showed Jackson the footage, Prince’s old friend laughed in glee. And when he listened to a young Prince speak, Jackson was speechless and teary.
“Wow, that was him,” Jackson said after pausing in awe, confirming that the boy in the clip was indeed a preteen Prince Rogers Nelson. “I’m totally blown away.”
The young musician was already playing guitar and the keyboard by the time the video was shot, Jackson said.
Prince, who in 2016 died of an accidental overdose of fentanyl, is widely beloved in Minneapolis — and he loved it back throughout his life, often recording at his studio and home, Paisley Park, outside the city. After he died, WCCO uncovered donations he made to organizations throughout the city that he didn’t discuss publicly, including funding for a school and over $1 million through his own charity.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/entertainment/cnn-entertainment/2022/04/04/footage-of-prince-as-an-11-year-old-is-unearthed-by-a-minnesota-news-station/ | 2022-04-04T22:48:59Z |
Travel and health insurtech leader, PassportCard has been granted a US patent for its real-time claims payout through debit card which gives customers access to a global, 100% cashless insurance service.
LONDON, May 31, 2022 /PRNewswire/ -- The patented technology, driven by AI, predictive analytics and a vast medical services database allows customers to facilitate automated, instant processing of insurance claims - without having to pay via their own funds and wait to be reimbursed.
The system pre-emptively processes a claim, activating the dedicated debit card issued to the customer when they purchased the policy. Following treatment, the customer pays with their card or digital wallet, without having to deal with the usual pain points of paperwork, processes and personal expenses.
PassportCard is the only company in the world to offer real-time payment via a rechargeable debit card, in the event of any insurance related scenario. This includes payment to medical services, medication and/or compensation in the case of baggage loss, delays and other emergency situations.
Since entering the market, PassportCard has become a frontrunner in key travel insurance markets across Europe and the Pacific. With this new patent - which will provide IP protection and additional growth potential in North America, one of the key insurance markets in the world – the business has set its sights on further expansion, to bring superior cross-border insurance services to more locations and customers than ever.
Partnership discussions are underway globally to allow other organizations to benefit from this revolution, via potential licensing and white-labelling agreements.
PassportCard Group President, Alon Ketzef said:
"It is an honour to have received this recognition for PassportCard's innovative technology in the United States.
"Continuous innovation to eliminate the inherent friction in insurance has always been our main focus; we will always seek to meet customers via their preferred channels. Whilst our end-to-end digital solution is important, it's equally paramount that the personalised, 24/7 customer support we provide fully aligns with our tech advancements – a perfect combination that delivers PassportCard's unique and unparalleled customer experience.
"With our technology being recognized as unique, and other pending patents for additional innovation in customer experience, we feel in a stronger position than ever to expand into additional territories.
"We look forward to this next exciting step in bringing seamless and fuss-free insurance to the masses."
Contact:
Georgiana Foster
+44 7379 0777 43
Georgiana.foster@fwdconsulting.co.uk
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SOURCE PassportCard | https://www.wibw.com/prnewswire/2022/05/31/insurtech-pioneer-passportcard-awarded-us-patent-recognition-its-revolutionary-technology/ | 2022-05-31T13:57:17Z |
Jackson area high school softball rankings: 3 new teams enter this week
Here's a look at the top 10 Jackson area high school softball teams entering Week 8.
1. Lexington (38-2): The Lady Tigers went 7-1 last week. Shay Hollingsworth went 2-4 with a double, three RBIs and a run scored versus Brighton. Last week: No. 1. Upcoming games: TBD.
2. Jackson Christian (22-6): The Lady Eagles defeated USJ and Tipton-Rosemark last week. Maggie Richardson had seven strikeouts in the 10-0 win over USJ. Last week: No. 2. Upcoming games: Thursday vs. FACS or St. George's.
3. South Gibson (25-7): The Lady Hornets went 3-1 last week by first losing to Lexington and then defeating North Side and Liberty (twice). In their wins they outscored opponents 52-0. Last week: No. 3. Upcoming games: Thursday vs. Liberty.
VOTE FOR BOYS ATHLETE OF THE WEEK:Vote for The Jackson Sun's high school boys athlete of the week: No-hitters and 1-hitters
VOTE FOR GIRLS ATHLETE OF THE WEEK:Vote for The Jackson Sun's high school girls athlete of the week: Homers and strikeouts
4. Huntingdon (19-6): The Fillies won games over Westview and Milan. Lia Fuller went 2-4 with a run scored and two RBIs versus Westview. Last week: No. 5. Upcoming games: Monday at South Side.
5. Westview (20-9): The Lady Chargers went 1-1 last week, losing to Huntingdon and defeating Gibson County. Last week: No. 4. Upcoming games: Monday at Union City.
6. South Side (18-9-1): The Lady Hawks went 1-1-1, defeating Chester County, tying with Gordonsville and losing to McNairy Central. Alyssa Clifft had 15 strikeouts versus Gordonsville. Last week. No. 6. Upcoming games: Thursday vs. North Side.
7. McNairy Central (18-10): The Lady Bobcats went 5-0 last week by defeating North Side, Chester County, Bolivar, Gordonsville and South Side. Lynnlee Brown went 2-3 with a double, a triple, three runs scored, three stolen bases versus Bolivar. Last week: Not ranked. Upcoming games: Monday at Hardin County.
8. Riverside (19-10): The Lady Panthers went 3-0 last week, defeating Adamsville, Madison and TCA to extend their winning streak to eight games. Jayla Davenport went 3-3 with a home run, a triple, three stolen bases, four runs scored and five RBIs versus Madison. Last week: Not ranked. Upcoming games: Monday vs. Bruceton.
9. Bruceton (16-6): The Lady Tigers won all three of their games versus McEwen, West Carroll and Clarksburg to extend their winning streak to nine games. Addison Hampton had seven strikeouts and allowed one hit versus West Carroll. Last week: Not ranked. Upcoming games: Monday at Riverside.
10. Hardin County (12-6-1): The Lady Tigers went 1-1, losing to Lexington and defeating Adamsville. Kenzie Moore went 3-3 with a home run, two runs scored and an RBI. Last week: No. 8. Upcoming games: Tuesday vs. McNairy Central.
Reach Jarod Hamilton at jhamilton@gannett.com. Follow him on Twitter @therealrod24. | https://www.jacksonsun.com/story/sports/high-school/2022/05/02/jackson-area-high-school-softball-rankings-entering-week-8/9586542002/ | 2022-05-02T21:48:30Z |
Reports indicate the citizens of the Temple-Belton Independent School Districts are on the hook for $338 million of new school bond debt.
Combining this amount with the existing school bond debt of $392 million results in a total of $730 million in taxpayer funded principle-only debt (interest payments not included). If one adds to this obligation, the 2021 operating budgets for TISD-BISD of $270 million the total amounts to $1 trillion, or about $50,000 per student (FY 2021 enrollment). Clearly, the Temple-Belton community has made substantial investments in financing our kid’s education. The billion-dollar question is, are we financing an education system in the midst of collapse?
Historically, I havn’t felt compelled to monitor the machinations of the local school administration, but trusted that our respective values were both aligned with the best long-term interest of each student.
However, with all that is happening around the country I have begun to question if this trust is misplaced. The hyper-sexualized environment of primary and secondary schools, the teaching of division via Critical Race Theory, and the promulgation of gender dysphoria and gender reassignment strategies, has caused me to wonder if our kids are being taught as a grown eagle teaches their young to assume their God-given nature and soar the skies; or as a poultry-keeper raises chicks to exploit their God-given nature for his purpose alone and for which the chicks are woefully ignorant.
Hope to see you at the school board meetings. Remember it’s for the kids!
Mark Krejchi
Temple | https://www.tdtnews.com/news/letters_to_the_editor/article_e8debcaa-dd3c-11ec-8c78-6b6667dd5048.html | 2022-05-27T10:02:30Z |
Migration gets top billing as Biden hosts hemisphere leaders
LOS ANGELES (AP) - Migration has taken center stage at an assembly of Western Hemisphere leaders, reflecting its emergence as a top foreign policy issue amid red-carpet drama over who comes and who stays home.
The “Los Angeles Declaration,” to be announced while U.S. President Joe Biden meets with his counterparts from North, Central and South America Wednesday through Friday, is expected to be a brief call to action that supporters hope will guide countries on hosting people fleeing violence and persecution and searching for more economic stability.
The United States has been the most popular destination for asylum-seekers since 2017, posing a challenge that has stumped Biden and his immediate predecessors, Donald Trump and Barack Obama.
But the U.S. is far from alone. Colombia and neighboring South American countries host millions who have fled Venezuela. Mexico fielded more than 130,000 asylum applications last year, many of them Haitians, which was triple from 2020. Many Nicaraguans escape to Costa Rica, while displaced Venezuelans account for about one-sixth the population of tiny Aruba.
“Countries are already having to do this, so rather than each country trying to sort this out and figure it out for themselves, what we’re doing is saying, ‘Let’s come together in a coherent way and construct a framework so we can all work together to make this situation more humane and more manageable,’” said Brian Nichols, assistant U.S. secretary of state for Western Hemisphere affairs.
Biden was scheduled to arrive at the summit Wednesday, trailed by questions about how much progress he can make on migration and other issues when some of his counterparts from the region — most notably Mexican President Andrés Manuel López Obrador — are boycotting the event.
The controversy has undermined the start of the summit, which is being hosted by the U.S. for the first time since the inaugural event in 1994, at a time when China has been trying to make inroads in the region.
Although Biden was heavily involved in Latin America while he was vice president, his focus has largely been elsewhere since taking office as president last year. He’s been trying to reorient U.S. foreign policy toward Asia while also rallying allies to punish Russia for its invasion of Ukraine.
Some concrete measures may be announced, perhaps funding for development banks. Nichols said in an interview Monday that discussing any specific initiatives would be premature, but officials have made clear that the agreement will be largely aspirational.
There is widespread agreement that relief must target growth and stability for entire communities in which migrants live, not just migrants.
“If you only help the migrants and not the communities around them, that’s counterproductive,” Nichols said.
The agreement may call for more pathways to legal status, mechanisms to reunite families, more efficient and humane border controls and improved information sharing, according to experts who have seen early drafts.
Leaders of Mexico, Guatemala, Honduras and El Salvador — each critical to any regional migration strategy — are skipping the Summit of the Americas, depriving Biden of symbolic heft and unity amid the photo opportunities and pageantry starting with an inaugural ceremony Wednesday.
Mexico’s López Obrador said he delegated Foreign Affairs Secretary Marcelo Ebrard because the U.S. excluded Cuba, Venezuela and Nicaragua, all countries that send large numbers of migrants to the U.S. and neighboring countries.
Upon leaving for Los Angeles on Tuesday, Ebrard said Mexico’s close relationship with the United States was unchanged and noted that Lopez Obrador will visit Washington in July.
President Guillermo Lasso of Ecuador said a migration accord would be an important recognition of what governments are facing.
“(When) you speak about problems and it becomes part of a declaration, a summit as important as this, obviously the problem exists, the problem enters the consciousness of those who should be part of the solution,” he told a group of civic activists in Los Angeles.
The migration accord took shape during discussions of top diplomats in Colombia in October and in Panama in April. Experts who have been consulted by governments say it is largely driven by the U.S. and other countries that take in lots of migrants, such as Colombia, Mexico, Costa Rica, Peru and Panama.
The strategy appears to resemble a U.S.-only plan that Vice President Kamala Harris announced last July, calling for “secure and humane management of borders” and more paths to legal status.
So far, the Biden administration has little to show for it.
The meeting of regional leaders comes as several thousand migrants on Tuesday walked through southern Mexico — the largest migrant caravan of the year — with local authorities showing no signs yet of trying to stop them.
Mexico has tried to contain migrants to the south, far from the U.S. border. But many have grown frustrated there by the slow bureaucratic process to regularize their status and the lack of job opportunities to provide for their families.
U.S. authorities are stopping migrants crossing the Mexican border more often than at any time in about two decades. Under a pandemic-era rule aimed at preventing the spread of COVID-19, many are quickly expelled without a chance to seek asylum. But Title 42 authority, which a federal judge in Louisiana has kept in place, is applied unevenly by nationality.
In Eagle Pass, Texas, one of the busiest spots for illegal crossings, Cubans freely wade through the Rio Grande and are released in the United States on humanitarian parole, aided by Cuba’s refusal to take them back. On the flip side, Mexico has agreed to take back migrants expelled from Honduras, El Salvador and Guatemala, as well as Mexico.
Cristian Salgado, of Honduras, hoped he would be treated as Cubans he saw when he crossed illegally with his wife and 5-year-old son about a month ago but U.S. authorities turned him back to the Mexican border city of Piedras Negras without allowing him to plead his case. He remembers a border agent saying, “There is no asylum for Honduras.”
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Associated Press writers Maria Verza in Mexico City, Gonzalo Solano in Quito, Ecuador, and Chris Megerian in Washington contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/08/migration-gets-top-billing-biden-hosts-hemisphere-leaders/ | 2022-06-08T10:35:07Z |
BEIJING, May 19, 2022 /PRNewswire/ -- China on Wednesday reaffirmed its commitment to high-standard opening-up and pledged to foster a business environment based on market principles.
"I wish to reiterate that China's resolve to open up at a high standard will not change, and that the door of China will open still wider to the world," Chinese President Xi Jinping said when addressing the conference of the 70th anniversary of the China Council for the Promotion of International Trade (CCPIT) and the Global Trade and Investment Promotion Summit via video link.
"China will continue to foster an enabling business environment that is based on market principles, governed by law and up to international standards," Xi said.
The world's second-largest economy will pursue high-standard implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement and high-quality Belt and Road cooperation and offer more market, investment and growth opportunities to the global business community, he said.
Despite challenges posed by the prolonged COVID-19 pandemic, China achieved a strong trade performance in the first quarter of the year, with total goods imports and exports surging 29.2 percent year on year to 8.47 trillion yuan (about $1.25 trillion), data from General Administration of Customs showed.
In the first quarter, China's trade with countries along the Belt and Road rose 21.4 percent year on year to reach 2.5 trillion yuan (about $370 billion). The country's trade with the other 14 RCEP members amounted to 2.67 trillion yuan (about $395 billion), up 22.9 percent year on year and accounting for 31.5 percent of its total imports and exports during the period.
Since its establishment in 1952, the CCPIT has played an important role in strengthening the bond of interests between Chinese and foreign enterprises, promoting international economic and trade exchanges and promoting the development of relations, Xi said.
The 70-year journey of the CCPIT has been "an epitome of China's ever-expanding opening-up endeavor, and an important witness of how businesses from different countries could share in development opportunities and benefit from win-win cooperation," he added.
Xi calls for making 'pie' of cooperation bigger
Noting that economic globalization is experiencing headwinds and the world is entering a new period of volatility and transformation, the president made several proposals.
Joint efforts are needed in defeating the pandemic, he said, adding that it is important to put people and their lives first, actively engage in international cooperation on vaccine R&D, production and distribution, and bolster global public health governance.
On reinvigorating trade and investment, he stressed supporting the World Trade Organization (WTO)-centered multilateral trading regime, ensuring security and stability of the global industrial and supply chains, and making the "pie" of cooperation bigger to allow development gains to better trickle down to people of all countries.
He also emphasized the efforts to unleash the power of innovation in driving development, calling for fostering an open, fair, equitable and non-discriminatory environment for scientific and technological development.
On improving global governance, he said true multilateralism must be upheld.
"We should choose dialogue over confrontation, tear down walls rather than erect walls, pursue integration instead of decoupling, opt for inclusiveness, not exclusion, and guide reforms of the global governance system with the principle of fairness and justice," he said.
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SOURCE CGTN | https://www.wibw.com/prnewswire/2022/05/19/cgtn-china-reaffirms-commitment-high-standard-opening-up/ | 2022-05-19T06:47:48Z |
KING OF PRUSSIA, Pa., June 30, 2022 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that, due to a significant shortfall in operating results experienced during April and May of 2022, as compared to the comparable periods included in our previously provided annual operating results forecast, we are revising our forecast for the year ended December 31, 2022.
Based upon our consolidated results of operations for April and May of 2022, we estimate that our adjusted net income attributable to UHS will approximate $2.05 to $2.15 per diluted share for the three-month period ended June 30, 2022. The lower than expected earnings projected for the second quarter of 2022 was due primarily to lower than expected patient volumes, revenues and income generated at our acute care hospitals. During April and May of 2022, our acute care hospitals experienced a significant decline in COVID-related patients, as compared to the first quarter of 2022. The decrease in COVID-related patient volumes during the second quarter of 2022 was not offset by an equivalent increase in non-COVID-related patients resulting in significant shortfalls in revenues and earnings as compared to our original forecasts for that period. Although the decreased patient volumes at our acute care hospitals has relieved some of the staffing shortages and related cost escalations previously experienced at those facilities, recovery from the effects of the labor pressures has been occurring at a somewhat slower pace than expected. During April and May of 2022, patient volumes, revenues and income generated at our behavioral health care facilities were also below our expectations. However, the shortfalls from internal expectations experienced within our behavioral health segment were relatively consistent with those experienced during the first quarter of 2022.
In the announcement of our financial results for the first quarter of 2022 (as released on April 25, 2022), we indicated that, given the continued uncertainties related to the COVID-19 pandemic, as well as the healthcare staffing shortage and its unfavorable impact on our labor costs and behavioral health patient volumes, we may make reductions to our 2022 full year operating results forecast at a future date if the unfavorable operating trends experienced during the first quarter of 2022 did not improve. Based upon the operating trends and financial results experienced during April and May of 2022, as discussed above, along with our financial results for the first quarter of 2022, we are decreasing our guidance ranges for the year ended December 31, 2022 for each of the following: (i) net revenues; (ii) earnings before interest, taxes, depreciation & amortization, and the impacts of other income/expense and net income attributable to noncontrolling interests ("Adjusted EBITDA, net of NCI"), and; (iii) adjusted net income attributable to UHS per diluted share ("Adjusted EPS-diluted").
The tables below include our revised 2022 operating results forecasts for the year ended December 31, 2022, as well as our original 2022 operating results forecast which was previously disclosed on February 24, 2022.
- Our revised 2022 forecasted net revenues are estimated to be approximately $13.235 billion to $13.371 billion, representing decreases of 1.4% to 2.4% as compared to our original 2022 forecasted net revenues.
- Our revised 2022 forecasted Adjusted EBITDA, net of NCI, is estimated to be approximately $1.635 billion to $1.712 billion, representing decreases of 10.7% to 11.2% as compared to our original 2022 forecasted Adjusted EBITDA, net of NCI.
- Our revised 2022 forecasted Adjusted EPS-diluted is estimated to be $9.60 per share to $10.40 per share, representing decreases of 19.3% as compared to our original 2022 forecasted Adjusted EPS-diluted.
Our revised operating results forecast for the balance of 2022 assumes that staffing vacancies and the corresponding premium pay expenditures will continue to sequentially decline in the second half of the year and that non-COVID patient volumes will incrementally improve, although both at a slower pace than our original forecast anticipated. We believe these assumptions will be bolstered by our continuing recruitment and retention initiatives, by changes to our historical patient care models, by other cost cutting measures and by aggressive contractual negotiations and renegotiations with our managed care payers. In addition, during the second half of 2022, we also expect sequential improvement in startup losses incurred during the first half of 2022 at newly constructed and recently opened acute care and behavioral health hospitals. Included in our revised operating results forecast for the year ended December 31, 2022, as compared to the original forecast, is a $28 million increase in depreciation and amortization expense which includes additional depreciation expense expected to be incurred at one of our acute care hospitals located in California on which a major renovation project has commenced. The renovation plans for this facility, which includes construction of a new seven-story tower, requires demolition of a significant portion of the existing building over the next few years.
Adjusted EPS-diluted and Adjusted EBITDA net of NCI, are non-GAAP financial measures and should be examined in connection with net income determined in accordance with GAAP as presented in the consolidated financial statements and notes thereto included in our filings with the Securities and Exchange Commission including our Report on Form 10-Q for the quarter ended March 31, 2022 and our Report on Form 10-K for the year ended December 31, 2021. Please see the schedule of Supplemental Non-GAAP Disclosures - 2022 Revised Operating Results Forecast, as included herein for additional information and a reconciliation to the financial forecasts as computed in accordance with GAAP.
In addition, the 2022 revised forecasted amounts exclude the impact of future items, if applicable, that are nonrecurring or non-operational in nature including items such as, pre-tax unrealized gains/losses resulting from changes in the market value of shares of certain marketable securities and other potential material items including, but not limited to, reserves for various matters including settlements, legal judgments and lawsuits, potential impacts of non-ordinary course acquisitions, divestitures, joint ventures or other strategic transactions, costs related to extinguishment of debt, gains/losses on sales of assets and businesses, potential impairments of goodwill and long-lived and intangible assets, other amounts that may be reflected in the current financial statements that relate to prior periods, and the impact of share repurchases that differ from included assumptions. It is also subject to certain conditions including those as set forth below in General Information, Forward-Looking Statements and Risk Factors and Non-GAAP Financial Measures, including the likelihood that our future operations and financial results may continue to be materially impacted by developments related to COVID-19 and labor pressures caused by the nationwide shortage of nurses and other clinical staff and support personnel, as discussed herein.
General Information, Forward-Looking Statements and Risk Factors and Non-GAAP Financial Measures:
One of the nation's largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. has built an impressive record of achievement and performance. Growing steadily since our inception into an esteemed Fortune 500 corporation, our annual revenues during 2021 were approximately $12.6 billion. In 2022, UHS was again recognized as one of the World's Most Admired Companies by Fortune; ranked #297 on the Fortune 500; and in 2021, ranked #307 on Forbes' list of America's Largest Public Companies.
Our operating philosophy is as effective today as it was upon the Company's founding in 1979, enabling us to provide compassionate care to our patients and their loved ones. Our strategy includes building or acquiring high quality hospitals in rapidly growing markets, investing in the people and equipment needed to allow each facility to thrive, and becoming the leading healthcare provider in each community we serve.
Headquartered in King of Prussia, PA, UHS has over 89,000 employees and through its subsidiaries operates 28 acute care hospitals, 336 behavioral health facilities, 41 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 39 U.S. states, Washington, D.C., Puerto Rico and the United Kingdom. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE:UHT). For additional information visit www.uhs.com.
This press release contains forward-looking statements based on current management expectations. Numerous factors, including those disclosed herein, those related to the anticipated impact of COVID-19 on our operations and financial results, those related to healthcare industry trends and those detailed in our filings with the Securities and Exchange Commission (as set forth in Item 2-Forward Looking Statements and Risk Factors in our Form 10-Q for the quarter ended March 31, 2022 and in Item 1A-Risk Factors and in Item 7-Forward-Looking Statements and Risk Factors in our Form 10-K for the year ended December 31, 2021), may cause the results to differ materially from those anticipated in the forward-looking statements. These statements are subject to risks and uncertainties and therefore actual results may differ materially. Readers should not place undue reliance on such forward-looking statements which reflect management's view only as of the date hereof. We undertake no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. Many of the factors that could affect our future results are beyond our control or ability to predict, including the impact of the COVID-19 pandemic. Our future operations and financial results will likely be materially impacted by developments related to COVID-19 including, but not limited to, the potential impact on future COVID-19 patient volumes resulting from new variants of the virus, the length of time and severity of the spread of the pandemic; the volume of cancelled or rescheduled elective procedures and the volume of COVID-19 patients treated at our hospitals and other healthcare facilities; measures we are taking to respond to the COVID-19 pandemic; the impact of government and administrative regulation and stimulus on the hospital industry and potential retrospective adjustment in future periods of CARES Act and other grant income revenues recorded as revenues in prior periods; declining patient volumes and unfavorable changes in payer mix caused by deteriorating macroeconomic conditions (including increases in uninsured and underinsured patients as the result of business closings and layoffs); potential disruptions to our clinical staffing and shortages and disruptions related to supplies required for our employees and patients; potential increases to expenses and other costs related to staffing, supply chain, construction and medical equipment costs and other expenditures resulting from inflation; the impact of our substantial indebtedness and the ability to refinance such indebtedness on acceptable terms, as well as risks associated with disruptions in the financial markets and the business of financial institutions as the result of the COVID-19 pandemic which could impact us from a financing perspective; and changes in general economic conditions nationally and regionally in our markets resulting from the COVID-19 pandemic. We are not able to fully quantify the impact that these factors will have on our future financial results, but developments related to the COVID-19 pandemic could continue to materially affect our financial performance during 2022.
We believe that adjusted net income attributable to UHS, adjusted net income attributable to UHS per diluted share, EBITDA net of NCI and Adjusted EBITDA net of NCI, which are non-GAAP financial measures ("GAAP" is Generally Accepted Accounting Principles in the United States of America), are helpful to our investors as measures of our operating performance. In addition, we believe that, when applicable, comparing and discussing our financial results based on these measures, as calculated, is helpful to our investors since it neutralizes the effect of material items impacting our net income attributable to UHS, such as, changes in the market value of shares of certain equity securities and other potential material items that are nonrecurring or non-operational in nature including, but not limited to, impairments of goodwill and long-lived and intangible assets, reserves for various matters including settlements, legal judgments and lawsuits, costs related to extinguishment of debt, gains/losses on sales of assets and businesses, and other amounts that may be reflected in the current or prior year financial statements that relate to prior periods. To obtain a complete understanding of our financial performance these measures should be examined in connection with net income attributable to UHS, as determined in accordance with GAAP, and as presented in the condensed consolidated financial statements and notes thereto in this report or in our other filings with the Securities and Exchange Commission including our Report on Form 10-Q for the quarter ended March 31, 2022 and our Report on Form 10-K for the year ended December 31, 2021. Since the items included or excluded from these measures are significant components in understanding and assessing financial performance under GAAP, these measures should not be considered to be alternatives to net income as a measure of our operating performance or profitability. Since these measures, as presented, are not determined in accordance with GAAP and are thus susceptible to varying calculations, they may not be comparable to other similarly titled measures of other companies. Investors are encouraged to use GAAP measures when evaluating our financial performance.
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SOURCE Universal Health Services, Inc. | https://www.wibw.com/prnewswire/2022/06/30/universal-health-services-inc-provides-update-operating-results-second-quarter-2022-revises-2022-full-year-earnings-guidance/ | 2022-06-30T12:36:58Z |
BERWYN, Pa., Sept. 9, 2022 /PRNewswire/ -- RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased Latch, Inc. ("Latch" or the "Company") (NASDAQ: LTCH) securities during the period from May 13, 2021 through August 25, 2022 inclusive (the "Class Period").
Latch shareholders may, no later than October 31, 2022, move the Court for appointment as a lead plaintiff of the Class. If you purchased shares of Latch and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here.
According to the complaint, on or about June 3, 2021, Latch became a public entity via business combination with TSIA. On August 25, 2022, after the market closed, Latch revealed that it would restate financial statements for 2021 and the first quarter of 2022 due to revenue recognition errors related to the sale of hardware devices. Specifically, the Company stated that "certain revenue recognition errors occurred as a result of unreported sales arrangements due to sales activity that was inconsistent with the Company's internal controls and procedures." On this news, Latch's stock fell $0.13, or 12.2%, to close at $0.95 per share on August 26, 2022, on unusually heavy trading volume.
Throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that there were unreported sales arrangements related to hardware devices that would result in the Company improperly recognizing revenue throughout fiscal 2021 and first quarter 2022. This material weakness in Latch's internal control over financial reporting related to revenue recognition required Latch to restate financial statements for fiscal 2021 and first quarter 2022.
If you are a member of the class, you may, no later than October 31, 2022, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain RM LAW, P.C. or other counsel of your choice, to serve as your counsel in this action.
For more information regarding this, please contact RM LAW, P.C. (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at rm@maniskas.com or click here. For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here.
RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
CONTACT: RM LAW, P.C.
Richard A. Maniskas, Esquire
1055 Westlakes Dr., Ste. 300
Berwyn, PA 19312
484-324-6800
844-291-9299
rm@maniskas.com
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SOURCE RM LAW, P.C. | https://www.mysuncoast.com/prnewswire/2022/09/09/rm-law-announces-class-action-lawsuit-against-latch-inc/ | 2022-09-10T00:38:44Z |
GUANGZHOU, China, April 24, 2022 /PRNewswire/ -- "Follow Bee and Honey to see the best-selling products of various companies!" On 18 April, with the theme of "Quality Products for Babies, Great Care for Growth", the fourth trade promotion activity of "Discover Canton Fair with Bee and Honey" was broadcasted on the Canton Fair's official Facebook account as scheduled to introduce China's high-quality infant products and their producers. Via online connection, Bee and Honey, Canton Fair's mascots, interacted actively with representatives from Yifa Import and Export Company, Tera Fund Plastic Products Company, and Prodigy Daily Production Company. Especially, Bee visited Mesuca Sports in person as an onsite presenter.
Yifa introduced Palmbaby baby diapers and wet wipes made of fully biodegradable bamboo fibers. The products are eco-friendly, skin-friendly and non-irritating, ensuring that baby's skin is well cared for. Tera Fund's Audi licensed ride-on cars for both children and parents are simple to operate and capable of carrying up to 100 kilograms, allowing for quality time between parents and children. Prodigy highlighted retractable safety gates, plug protectors and door stops. They are all easy to install and provide protection for children. Mesuca Sports focused on the needs of newborns and young children at home. They collaborated with Disney and Marvel to incorporate well-known characters into kids' goods like 3D scooters, roller shoes and travel bags. The variety of baby and child items available to online visitors was overwhelming. The livestream drew over 280,000 views worldwide, reflecting the high level of interest among international fans.
Maggie Pu, Deputy Director General of the Foreign Affairs Office of the Canton Fair, told reporters that it was necessary for China's baby products and toys industries to transform from product manufacturers to product creators and developers, and that products featuring eco-friendly materials and IP licenses were among the industries' highlights. She went on to say that they hoped to engage more Chinese companies in the virtual promotion activities and help them in identifying new markets using the Canton Fair platform.
This session's "Discover Canton Fair with Bee and Honey" activities focus on eight themes to better serve domestic and international circulations and contribute to the stability of trade, supply chain and industrial chains.
Visit https://www.youtube.com/playlist?list=PLLzbB921_Z8K-q2l_padNIZur15hIwVow for more details.
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SOURCE Canton Fair | https://www.mysuncoast.com/prnewswire/2022/04/25/bee-honey-promote-baby-products-via-virtual-event/ | 2022-04-25T02:28:56Z |
PITTSBURGH, May 30, 2022 /PRNewswire/ -- "I wanted to create a more comfortable way to wear reading glasses while reading in bed or on the couch," said an inventor, from Lakeland, Fla., "so I invented the REF. My design would help to reduce the pain and stress associated with wearing traditional rigid frames."
The patent-pending invention provides a new design for reading glasses. In doing so, it prevents plastic temples from pressing against the side of the head or ears. As a result, it enhances comfort while lying on one's side and it provides added peace of mind. The invention features a flexible design that is easy to wear so it is ideal for individuals who wear reading glasses. Additionally, it is producible in design variations.
The original design was submitted to the Tampa sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-TPA-3050, 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/2022/05/30/inventhelp-inventor-develops-new-design-reading-glasses-tpa-3050/ | 2022-05-30T17:45:54Z |
Vehicle Tires Designed for Extreme Temperatures in One Sixth Gravity on Crater-Filled Terrain
AKRON, Ohio, July 20, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) supplied essential products for NASA's Apollo program, including the Apollo 11 mission which landed on the Moon 53 years ago today. The company will continue that tradition—focusing on lunar vehicle tires—by joining Lockheed Martin (NYSE: LMT) in its development of a lunar mobility vehicle.
Since Apollo, Goodyear continued innovating alongside NASA to advance designs for a lunar vehicle tire. The team of companies intends to be the first to establish extended-use commercial vehicle operations on the Moon. Goodyear brings its vast expertise in a mission-critical component to traverse the lunar surface, tires.
"NASA's Artemis program to live and work on the Moon has a clear need for lunar surface transportation that we intend to meet with vehicles driven by astronauts or operated autonomously without crew," said Kirk Shireman, vice president of Lunar Exploration Campaigns at Lockheed Martin. "We're developing this new generation of lunar mobility vehicle to be available to NASA and for commercial companies and even other space agencies to support science and human exploration. This approach exemplifies NASA's desire for industry to take the lead with commercial efforts that enable the agency to be one of many customers."
Goodyear is drawing from its advanced airless tire technology used on Earth with micro-mobility, autonomous shuttles and passenger vehicles, to advance lunar mobility and withstand the challenging conditions on the Moon. The companies are already applying existing expertise to the project including testing concepts in lunar soil test beds.
"Everything we learn from making tires for the Moon's extremely difficult operating environment will help us make better airless tires on Earth," said Chris Helsel, senior vice president, Global Operations and Chief Technology Officer at Goodyear. "This will contribute to our end goal of enabling mobility no matter where it takes place. Just as important, it is an honor to write history with this prestigious company who knows how to make giant leaps in exploration and mobility."
The Apollo lunar rovers were purposely built for just a few days of use on excursions within five miles of their landing sites. Future missions will need to traverse rugged terrain over much longer distances while operating in greater temperature extremes. New tire capabilities will need to be developed for years of durability and even survive the night that sees temperatures of below -250 degrees Fahrenheit and daytime temps of over 250 degrees Fahrenheit.
Lockheed Martin leads this growing team by leveraging its more than 50-year-history of working with NASA on deep space human and robotic spacecraft, such as NASA's Orion exploration-class spaceship for Artemis and numerous Mars planetary spacecraft. The company will also manage the development of the program's commercial business operations and engagement with NASA and global space agencies. Lockheed Martin has also helped NASA explore every planet of our solar system, and continues to develop new technologies for future space missions.
Another teammate, MDA of Canada, recently announced its commercial robotic arm technology will be used on the human-rated lunar mobility vehicles. The arm will provide valuable contributions as support for astronauts as well as enabling greater functionality of the rover on fully autonomous missions.
Together, the teams are applying unique perspectives and shared expertise to new challenges and market approaches that are being considered for the first time. The companies expect to have its first vehicle on the surface of the Moon in time to support NASA's first landed mission that will have the first woman and first person of color walk on the Moon, currently planned for 2025.
About The Goodyear Tire & Rubber Company
Goodyear is one of the world's largest tire companies. It employs about 72,000 people and manufactures its products in 57 facilities in 23 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Please follow @LMNews on Twitter for the latest announcements and news across the corporation, and follow @LMSpace to learn more about the latest technologies, missions and people driving the future of space.
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SOURCE The Goodyear Tire & Rubber Company | https://www.wibw.com/prnewswire/2022/07/20/goodyear-joins-lockheed-martin-commercialize-lunar-mobility/ | 2022-07-20T15:35:24Z |
BEIRUT (AP) — Forty years since Hezbollah was founded at the height of Israel’s 1982 invasion of Lebanon, the group has morphed from a ragtag organization to the largest and most heavily armed militant group in the Middle East.
The Iranian-armed and funded Hezbollah, which has marked the anniversary with ceremonies in its strongholds in recent weeks, dominates Lebanon’s politics and plays an instrumental role in spreading Tehran’s influence throughout the Arab world.
But the Shiite powerhouse, once praised around the Arab world for unrelentingly standing against Israel, faces deep criticism on multiple fronts.
At home in Lebanon, a significant part of the population opposes its grip on power and accuses it of using the threat of force to prevent change. Across the region, many resent its military interventions in Iraq and in Syria’s civil war, where it helped tip the balance of power in favor of President Bashar Assad’s forces.
There is no specific date on when Hezbollah was founded, starting as a small, shadowy group of fighters helped by Iran’s paramilitary Revolutionary Guard. But the group says it happened during the summer of 1982.
The 40th anniversary comes this year as Hezbollah officials have warned of a possible new war with Israel over the disputed gas-rich maritime border between Lebanon and Israel.
Over the years, Hezbollah has boosted its military power. It boasts of having 100,000 well-trained fighters. And now its leader says they have precision-guided missiles that can hit anywhere in Israel and prevent ships from reaching Israel’s Mediterranean coast, as well as advanced drones that can either strike or gather intelligence.
“Hezbollah has evolved tremendously in the past four decades in its organizational structure, global reach, and regional involvements,” says Middle East analyst Joe Macaron.
Hezbollah’s biggest achievement over the past 40 years was its guerrilla war against Israeli forces occupying parts of southern Lebanon. When Israel’s army was forced to withdraw in May 2000 — without a peace deal like the ones it reached with Egypt, Jordan and the Palestinians — the victory brought Hezbollah praise from around the Middle East.
“Who would have imagined that our enemy could be defeated?” Hezbollah’s chief spokesman Mohammed Afif said a press conference held in July to mark the anniversary.
But since the withdrawal, the controversy over Hezbollah has steadily grown as its role has changed.
In 2005, Lebanon’s former Prime Minister Rafik Hariri, the most powerful Sunni politician in the country at the time, was killed in a massive truck bomb in Beirut. A U.N.-backed tribunal accused three Hezbollah members of being behind the assassination. Hezbollah denies the charges.
Hezbollah was blamed for other assassinations that followed, mostly targeting Christians and Sunni Muslim politicians and intellectuals critical of the group. Hezbollah denies the accusations.
“Hezbollah’s danger to Lebanon is huge,” says journalist and former Cabinet minister May Chidiac who lost an arm and a leg in a 2005 assassination attempt with explosives placed in her car. She said Hezbollah has been expanding Iran’s influence in Lebanon, “and this is a long-term plan that they have been working on for 40 years.”
Asked if Hezbollah is to blame for the attempt on her life, Chidiac said: “Of course. There is no doubt about that. All these assassinations are linked.”
Lebanese have been sharply divided by Hezbollah’s determination to keep its weapons since Israel’s withdrawal. Some call for its disarmament, saying only the state should have the right to carry weapons. Others support the group’s stance that it must continue to be able to defend against Israel.
Hezbollah fought Israel to a draw in a 34-day war in the summer of 2006. Israel today considers Hezbollah its most serious immediate threat, estimating that the militant group has some 150,000 rockets and missiles aimed at it.
In early July, the Israeli military shot down three unmanned aircraft launched by Hezbollah heading toward an area where an Israeli gas platform was recently installed in the Mediterranean Sea. Hezbollah leader Hassan Nasrallah warned that Israel will not be allowed to benefit from its gas fields in the disputed maritime border area before a deal is reached with Lebanon.
Maj. Gen. Ori Gordin, the incoming head of Israel’s Northern Command, described Hezbollah as a “serious threat,” due to both its proximity to Israel and its arsenal.
“This is a very strong terror army,” he told The Associated Press in Jerusalem. “Not as strong as the Israeli military, not as strong as the Israeli air force. We are in a completely different place when it comes to our military capabilities. But it can do some significant damage. I have to say that.”
Afif, the Hezbollah spokesman, said that “as long as there is an aggression, there will be resistance.”
In 2008, the government of Western-backed Prime Minister Fouad Saniora decided to dismantle Hezbollah’s telecommunications network. Hezbollah responded by capturing by force Sunni neighborhoods in Beirut. It was the worst internal fighting since the 1975-90 civil war ended and marked a breach in Hezbollah’s pledge never to use its weapons at home.
Perhaps the most controversial decision Hezbollah has made was by sending thousands of fighters to Syria since 2013 to back Assad against opposition fighters, as well as against al-Qaida-linked fighters and the Islamic State group.
The intervention “meant becoming entangled in the internal conflict of a neighboring Arab country rather than fulfilling Hezbollah’s claimed mandate of resistance against Israel,” Macaron said.
Across the Arab world, it cemented an image of Hezbollah as a sectarian Shiite force fighting mainly Sunni insurgents and spreading Iran’s power.
Hezbollah was also accused of helping Iranian-backed Houthi rebels in Yemen, leading at least six Arab countries to list the group as a terrorist organization.
Within Lebanon, Hezbollah has used its powerful support among the Shiite community and tough tactics to gain political dominance.
In 2016, it secured the election of its Christian ally Michel Aoun as president, then it and its allies won a parliament majority in subsequent elections.
But that also sealed its role as part of a governing system whose decades of corruption and mismanagement have been blamed for Lebanon’s economic collapse, starting in late 2019. With the currency crumbling and much of the population thrown into poverty, the political elite, which has been running Lebanon since the 1975-90 civil war ended, has resisted reforms.
Massive protests demanding the removal of those politicians began in late 2019, and days afterward, hundreds of Hezbollah supporters attacked the protesters in downtown Beirut, forcing them to flee. In October, Hezbollah supporters and a rival militia had an armed clash in Beirut over investigations into the 2020 devastating explosion at Beirut’s port.
Voters punished Hezbollah and its allies in this year’s elections, making them lose their parliamentary majority.
One former senior figure in Hezbollah, Sobhi Tufaili, pointed to the new image of the group as part of the system in a recent interview with a local TV station.
“There is a ship full of thieves,” he said, “and Hezbollah is its captain and protector.”
____
Associated Press writer Josef Federman contributed to this report from Jerusalem. | https://cw33.com/news/international/ap-international/ap-hezbollah-at-40-stronger-than-ever-but-has-more-enemies/ | 2022-09-01T19:14:38Z |
VANCOUVER, BC, Aug. 24, 2022 /PRNewswire/ - Gold Royalty Corp. (NYSE: GROY) ("Gold Royalty" or the "Company") is pleased to announce that its board of directors has approved and declared the Company's third quarterly cash dividend of US$0.01 per common share. The dividend will be paid on September 30, 2022 to shareholders of record as of the close of business on September 20, 2022.
The dividend qualifies as an "eligible" dividend as defined in the Income Tax Act (Canada). The dividend is subject to customary Canadian withholding tax for shareholders that are not resident in Canada.
The dividend program contemplates quarterly dividends, the declaration, timing, amount and payment of which will be subject to the discretion and approval of the board of directors of the Company based on relevant factors, including, among others, the Company's financial condition and capital allocation plans.
Gold Royalty is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for its investors. Gold Royalty's diversified portfolio currently consists primarily of royalties on gold properties located in the Americas.
Certain of the information contained in this news release constitutes 'forward-looking information' and 'forward-looking statements' within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements") and involve known and unknown risks, uncertainties and other factors that may cause Gold Royalty's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. The words "believe", "expect", "will", "propose" and derivatives thereof and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters, identify the above mentioned and other forward-looking statements. Such forward-looking statements, include, among other things, statements regarding: the payment of the dividend and declaration of future dividends, including the timing and amount thereof, involve risks, uncertainties and other factors which may cause the actual results to be materially different from those expressed or implied by such forward-looking statements. Such factors include, among others, material adverse the impact of general economic and market conditions; any inability of the operators of the properties underlying the Company's royalty and other interests to execute proposed plans for such properties, risks related to such operators or the exploration, development and mining operations of the properties underlying the parties' royalty and other interests; impacts of macroeconomic developments; and the impact of and the responses of relevant governments to the COVID-19 pandemic and the effectiveness of such responses and the other important risks and uncertainties set out in Gold Royalty's Annual Report on Form 20-F for the year ended September 30, 2021 and its other public filings available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. 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 forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
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SOURCE Gold Royalty Corp. | https://www.kxii.com/prnewswire/2022/08/24/gold-royalty-declares-third-quarter-cash-dividend/ | 2022-08-24T21:43:12Z |
WHIPPANY, N.J., Aug. 26, 2022 /PRNewswire/ -- Unicoeye, an online marketer of stylish and premium colored contact lenses, recently held an event online with the theme of "Eye-loving," offering sports-friendly colored contact lenses at better prices and discounts, and sharing a guide with the public to help them learn more about wearing colored contact lenses while engaging in sports.
Colored contact lenses have become popular for their fashion and expression of personality. People who want to enhance their daily looks or try different eye colors may wear colored contact lenses to participate in various activities, including daily life, weddings, friend gatherings, cosplay parties, and even outdoor exercise. Although the possibility of wearing colored contact lenses during sports has been discovered, colored contact lens wearers may not have considered enough facts in the process of exercising.
Can people wear colored contact lenses while exercising?
For people who suffer from vision problems, wearing glasses is essential to daily life. However, they may find it frustrating to exercise while wearing glasses. This is because exercising with glasses may encounter some problems, such as limited visual field, fogging or broken lenses, making physical activity difficult or dangerous, and even deterring people with glasses from participating in sports.
Thankfully, people don't have to choose between glasses and exercise. In addition to providing a near-normal vision experience, colored contact lenses can enhance or change people's eye color to fit the style they want and add a unique charm to their workout look. Unicoeye's colored contacts come in a wide range of prescription levels for the wearers, so they don't have to be confined to the sidelines or change the way they exercise. Additionally, colored contact lenses offer advantages in terms of convenience and comfort while engaging in some physical activities, so long as they are used, cared for, and stored properly.
What types of sports may people participate in while wearing colored contacts?
Running outdoors or indoors
Whether people are running outdoors or working out on a treadmill in the gym, colored contact lenses may help them go further. These lenses won't block peripherals and are unlikely to fall out or need adjusting during exercise. Moreover, they will not fog up even if the wearer starts sweating, making a comfortable wearing experience.
Football and basketball
It is common for players to experience tumbles or collisions with one another while playing football, basketball, or other similar ball games. In these circumstances, wearing colored contact lenses may be helpful to save people with vision problems from the risk of lenses getting knocked off.
Biking
When people go biking due to the nice weather, colored contacts may be a good accessory to help them enjoy a clear, unobstructed all-around vision. Additionally, the lenses allow them to wear sunglasses and won't get in the way of their helmets.
Tennis and badminton
Playing tennis or badminton means players need to track the ball carefully. When wearing colored contacts, no frames are lingering in wearer's lines of sight, reducing potential distortions and blind spots.
Snow sports
Snow sports, such as skiing, require a helmet and a pair of goggles as safety devices. When going skiing, colored contact lenses can be worn with these devices in a convenient way and will not interfere with the fit or comfort of these necessary safety devices. It's also important to note that people can't wear glasses while engaging in contact sports like boxing, wrestling, and other martial arts. For these intense physical activities, contact lenses may be the ideal workaround.
What people need to know when exercising with colored contact lenses.
- Before wearing colored contact lenses, please confirm that you have no eye diseases or other conditions that may contribute to eye discomfort. Then, check that the attributes of the lenses, such as base curve, diameter, and water content, all match your prescription. If the colored contact lenses do not match your prescription or fit poorly in your eyes, wearing them may cause long-term eye damage.
- Wear the colored contact lenses for 30–45 minutes before starting to exercise to allow enough time for the eyes to adapt. If there is eye discomfort, take the lenses out immediately and quickly seek medical attention to avoid eye damage.
- Carry spare contact lenses, as well as a small bottle of care solution and the first pair's lens case, just in case dust or small particles get into your eyes, or the lenses fall out or get misplaced during the workout.
- Avoid rubbing eyes. It is a natural reaction and habit to rub eyes when people get something in them. But when exercising with lenses in, rubbing eyes may cause damage to the lenses and irritate eyes even further.
- Do not wear colored contact lenses longer than 8-hour duration a day to prevent hypoxia in the eye, eyeball damage, or fragile eyes from long-term lens wear.
- It's not advisable to wear contact lenses for water sports. Lenses that are exposed to the water for longer periods of time can become soft and brittle. This increases the risk of inflammation to the eye.
Colored contact lenses allow people to express individuality and show unique charm to stand out. As long as people pay attention to their safety and understand the risks, colored contact lenses may be a good accessory while exercising. Since people don't necessarily need to make a huge splash with their eye color while they hit the gym or run drills on the field, Unicoeye recommends wearing colored contacts that roughly match or subtly enhance their natural eye color. Consider checking out the Eye-loving page, where they've compiled a variety of shades of blue, green, brown, grey, and hazel for a wider style selection. Visit https://unicoeye.com/ for more information.
About Unicoeye
Unicoeye is a professional brand of colored contact lenses with a keen sense of fashion. Since its inception in 2019, the company has always been dedicated to providing high-quality and safe products to every customer. Taking eye health as a top priority, Unicoeye insists on using "Sandwich Printing" technology to protect customers' vision health and provides consumers with a reassuring purchasing experience of FDA-approved quality.
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SOURCE Unicoeye | https://www.wibw.com/prnewswire/2022/08/26/unicoeye-holds-an-eye-loving-themed-event-shares-its-advice-wearing-colored-contact-lenses/ | 2022-08-26T13:55:20Z |
Take part in the 2022 Suncoast Giving Challenge!
The Giving Challenge is an exciting 24-hour online giving event that connects 700+ nonprofit organizations with passionate donors and community members to support diverse causes and create enduring impact in Sarasota, Manatee, Charlotte, and DeSoto counties.
SARASOTA, Fla. (WWSB) - For 24 hours, residents around the Suncoast will be able to participate in a giving challenge for non-profits in several counties.
The 24-hour giving day will be held April 26 through 27, 2022, providing millions in unrestricted funding to area nonprofit organization serving Sarasota, Manatee, DeSoto and Charlotte counties.
The Giving Challenge is a 24-hour virtual giving event that brings together nearly 700 local nonprofit organizations listed on The Giving Partner with their passionate donors and community members to support causes and missions they care about while creating transformative impact.
You can visit the official website here to decide which worthy organization you want your money to go to.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/26/take-part-2022-suncoast-giving-challenge/ | 2022-04-27T19:00:33Z |
LOS ANGELES, July 22, 2022 /PRNewswire/ -- National probate and inheritance dispute law firm RMO LLP announced today the addition of Brian McDonnell, who will serve as the firm's Director of Strategy and Business Operations.
As Director of Strategy and Business Operations, McDonnell will oversee the office management, financial, and administrative operations of RMO LLP, working alongside the firm's CEO, Managing Partner and leadership team. In support of RMO LLP's continued national expansion, McDonnell will also focus on executing the firm's strategic growth initiatives.
RMO LLP Founder and CEO Scott Rahn said, "Brian's addition demonstrates our commitment to our strategic growth initiative, and will give our probate litigation team the ability to continue to focus on maintaining our reputation for getting clients better results sooner for less legal spend."
McDonnell brings over 15 years of experience in the legal industry, leading with an empathetic and efficacious approach in integrating firm strategy initiatives and office management. Prior to his new role at RMO LLP, McDonnell served as the Infrastructure Practice Group Operations Manager at Nossaman LLP in Los Angeles, where he worked to develop and execute strategic planning for the firm's nationally and internationally recognized Infrastructure Practice Group. He earned his BA at Loyola Marymount University in Los Angeles.
RMO LLP provides personal, cost-effective inheritance dispute services to individual and institutional clients. The firm's attorneys focus on probate litigation involving contested trust, estate, probate, and conservatorship matters. RMO has offices serving clients with probate disputes throughout California, Florida, Texas, Kansas and Missouri. For more information, please visit https://rmolawyers.com/.
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SOURCE RMO LLP | https://www.mysuncoast.com/prnewswire/2022/07/22/rmo-llp-bolsters-leadership-with-director-strategy-business-operations/ | 2022-07-22T16:01:04Z |
The Flavor Experts are giving away 100,000 free sandwiches to fans who split from their current chicken sandwich and commit to finding a new favorite
DALLAS, Aug. 30, 2022 /PRNewswire/ -- Wingstop (NASDAQ: WING) is questioning consumers' current chicken sandwich tastes and calling for a breakup. In a world of boring breaded sandwiches with only plain or spicy to choose from, Wingstop is debuting their signature chicken sandwich in restaurants nationwide today, with 12 mouthwatering flavors to choose from. Fans will be begging to split from their current and tired weekly "lunch date" to get their hands on Wingstop's crispy chicken sandwich that's hand sauced-and-tossed in a Lemon Pepper punch, OG Hot kick, Mango Habanero heat, or Hickory Smoked BBQ bliss to name a few – served with the brand's iconic ranch for dipping.
Knowing that breakups are hard, Wingstop is here to make the split easier. Simply swipe right over to ChickenSandwichSplit.com to pen a breakup letter and, the first 100,000 fans to make their split official before September 5 will receive a code for a free Wingstop Chicken Sandwich. It's just that simple.
"The nationwide launch of the Wingstop Chicken Sandwich is an opportunity to bring new guests to the brand by proving our position as The Flavor Experts, and reward our existing fanbase by putting menu innovation on center stage," said Stacy Peterson, Wingstop's Chief Revenue and Technology Officer. "The Wingstop Chicken Sandwich doesn't just come in one flavor – fans can choose from our 12 bold, signature flavors. We're so confident in the product that we're incentivizing fans to split from their current chicken contender and find a new favorite chicken sandwich at Wingstop."
The brand prides itself on cooked-to-order, hand sauced-and-tossed products where each meal is specially crafted to guests' liking, and the Wingstop Chicken Sandwich is no different. The sandwich is the full package, with a toasted bun and crunchy pickles, complementing whichever iconic flavor fans choose. And, what's more, the flavor experience is taken up a notch when dunked in a side of Wingstop's iconic scratch-made ranch.
Whether on the go for lunch or treating the family to Wingstop for dinner, the a la carte Wingstop Chicken Sandwich with a dip costs only $5.49. Fans craving the combo can get the sandwich and dip alongside hand-cut fries and a drink for just $7.99. A break up has never been so easy.
Founded in 1994 and headquartered in Dallas, TX, Wingstop Inc. (NASDAQ: WING) operates and franchises more than 1,850 locations worldwide. The Wing Experts are dedicated to Serving the World Flavor through an unparalleled guest experience and use of a best-in-class technology platform, all while offering classic and boneless wings and tenders, always cooked to order and hand sauced-and-tossed in fans' choice of the brand's bold, distinctive flavors. Wingstop's menu also features signature sides including fresh-cut, seasoned fries and freshly-made ranch and bleu cheese dips.
In fiscal year 2021, Wingstop's system-wide sales increased 20.2% year-over-year to approximately $2.3 billion, marking the 18th consecutive year of same store sales growth. With a vision of becoming a Top 10 Global Restaurant Brand, our system is comprised of independent franchisees, or brand partners, who account for approximately 98% of Wingstop's total restaurant count of 1,858 as of June 25, 2022.
A key to this business success and consumer fandom stems from The Wingstop Way, which includes a core value system of being Authentic, Entrepreneurial, Service-minded, and Fun. The Wingstop Way extends to the brand's environmental, social and governance platform as Wingstop seeks to provide value to all stakeholders.
Rounding out a strong year in 2021, the Company was ranked #1 on Technomic 500's "Fastest Growing Franchise" and #22 on Entrepreneur Magazine's "Franchise 500," maintained its certification as a Great Place to Work, was named as a finalist for The Innovation SABRE Award's Best New Product/Brand Launch category for its Thighstop campaign, and named to Fast Company's "The World's Most Innovative Companies" list ranking #4 in the dining category.
For more information visit www.wingstop.com or www.wingstop.com/own-a-wingstop and follow @Wingstop on Twitter, Instagram, Facebook, and TikTok. Learn more about Wingstop's involvement in its local communities at www.wingstopcharities.org.
Media Contact
Maddie Lupori
Media@wingstop.com
Click here for media assets
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SOURCE Wingstop Restaurants Inc. | https://www.wibw.com/prnewswire/2022/08/30/fall-love-with-wingstops-new-chicken-sandwich-offered-12-bold-flavors-now-available-nationwide/ | 2022-08-30T12:52:08Z |
WASHINGTON, Sept. 16, 2022 /PRNewswire/ -- EverGlade Consulting ("EverGlade"), a national consulting firm, with employees in locations across the country, has launched two new practices to support recent legislation. EverGlade has been on the forefront of U.S. Government ("USG") efforts to broaden the nation's domestic industrial base to accommodate the manufacturing of critical supplies and materials. Since May 2020, EverGlade has been engaged by more than 10 clients globally to prepare and submit applications for Defense Production Act Title III funding to the U.S. Government for domestic pharmaceutical and PPE industrial base expansion initiatives. These funding applications involve designing industrial base expansion projects from concept to final business plan and have included manufacturing plants for pharmaceutical critical inputs, PPE plants, fill finish manufacturing facilities, and other critical infrastructure.
With the passage of the Inflation Reduction Act and CHIPS, the company views expansion of current service offerings into these areas as a logical next step.
"EverGlade helped complete one of the nation's first DFC Loan Applications," commented Eric Jia-Sobota, Founder and National Leader of the Consulting Practice. "It made sense to specifically tailor practice areas to these two initiatives," he concluded.
EverGlade's DOE Loan Program Application Support practice will help organizations applying for loans under the Energy Infrastructure Reinvestment (EIR) Program (Section 1706) and Innovative Clean Energy (Section 1703). These programs will provide up to $100 billion in funding to help secure America's clean energy future.
The CHIPS Act will also create billions in new opportunities for companies in the semiconductor supply chain. EverGlade's CHIPS Funding Application Support practice will help organizations apply for this grant, cooperative agreement, or loan funding.
EverGlade Consulting is a national consulting firm that helps clients navigate the federal landscape. We are inspired by technology-driven companies whose focus is to secure non-dilutive funding from the federal government. We offer services ranging from opportunity identification and proposal support through post-award contract management and the implementation of systems to comply with federal regulations at agencies including ASPR, BARDA, NIH, CDC, DHS, FEMA, JPEO, DTRA, DLA, and DARPA.
Since its inception, EverGlade has quickly grown into one of the leading service providers for the life sciences industry, helping dozens of clients secure federal funding.
For additional information about these new practices, visit:
https://everglade.com/doe-loan-support/
For additional information about EverGlade's recent success, visit:
https://apnews.com/article/covid-health-infectious-diseases-15572a9fd4c4acbad8bad4d0afc223b2
Contact: info@everglade.com
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SOURCE EverGlade Consulting | https://www.kxii.com/prnewswire/2022/09/16/everglade-consulting-launches-doe-loan-chips-support-practices/ | 2022-09-16T10:43:46Z |
500 lbs. of marijuana scattered on interstate during crash on 4/20, troopers say
Published: Apr. 21, 2022 at 10:10 AM CDT|Updated: 33 minutes ago
CALLAWAY COUNTY, Mo. (Gray News) – Troopers in Missouri found 500 pounds of packaged marijuana scattered around the road when they responded to a crash on April 20.
According to the Missouri State Highway Patrol, the crash happened on I-70 in Callaway County. They said no one was seriously injured in the accident.
“You don’t see this every day, but it’s 4/20…,” Highway Patrol posted on Twitter with a picture showing bags and bags of marijuana covering the interstate.
Authorities say two men were arrested and charged with felony first-degree drug trafficking.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/21/500-lbs-marijuana-scattered-interstate-during-crash-420-troopers-say/ | 2022-04-21T15:43:20Z |
The Waters Rankings Celebrate and Recognize the Initiatives, Innovation and Achievements of Technology and Data Providers
ATLANTA, Aug. 16, 2022 /PRNewswire/ -- LexisNexis® Risk Solutions announced that it was named 2022's Best Cybersecurity Provider by Waters Rankings. Voted on by thousands of end users, the Waters Rankings are the only awards program where WatersTechnology's readers determine category winners. The Waters Rankings reflect the financial services industry's best-in-class data management, regulation and technology service providers across 35 categories.
This year, Waters Rankings acknowledged the LexisNexis Risk Solutions suite of unique products including LexisNexis® ThreatMetrix®, a global enterprise solution for digital identity intelligence and digital authentication trusted by leading global brands to inform moment-by-moment transaction decisions. LexisNexis Risk Solutions delivers technologies and tools that keep valuable commerce in motion by effectively mitigating risk to protect critical revenue streams. Its solutions combine the advantages of innovative analytics and data technology with expansive physical and digital identity intelligence.
"It is an honor to win this prestigious award and to receive recognition by WatersTechnology's readers for our best-in-class solutions," said Kimberly Sutherland, vice president of fraud and identity strategy for LexisNexis Risk Solutions. "Just as the cybersecurity landscape constantly evolves, so do we. Our recent acquisition of BehavioSec® is an excellent representation of our ability to augment an already strong digital identity detection and authentication solution set with leading behavioral biometrics capabilities to help further keep our customers and their consumers safe. We recognize this award as industry acknowledgement of our expertise and proficiency at innovating ahead of fraudsters."
LexisNexis Risk Solutions built its end-to-end solutions on a robust foundation of flexible delivery, vast data resources and linking and analytics. The company's global ThreatMetrix® Digital Identity Network®, a solution that can detect and block complex fraud through the network of our customers' transactions, has seen remarkable growth in the past few years. As it continues to grow, the more value it brings to customers through an expanded digital risk perspective. Moving forward, LexisNexis Risk Solutions will continue to make advancements and enhancements to existing capabilities in behavioral biometrics, fraud consortia, automation, document authentication and other solutions to detect and eliminate fraud risks.
About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit www.risk.lexisnexis.com and www.relx.com.
Media Contact:
Marcy Theobald
678.232.0948
Marcy.Theobald@lexisnexisrisk.com
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SOURCE LexisNexis Risk Solutions | https://www.wibw.com/prnewswire/2022/08/16/lexisnexis-risk-solutions-named-best-cybersecurity-provider-by-waterstechnology/ | 2022-08-16T14:47:18Z |
LONDON (AP) — Mideast carrier Emirates on Thursday rejected a demand by London’s Heathrow Airport for airlines to cut the number of passengers on summer flights in a bid to ease travel disruptions, calling it an “entirely unreasonable and unacceptable” move that shows “blatant disregard for customers.”
In a blistering statement, the airline accused Heathrow’s management of “incompetence” for not being ready to deal with the “super peak period” for travel. The airport says it’s been seeking help from airlines on solutions for months.
Emirates, one of the world’s biggest airlines, fired back a day after Heathrow announced it was capping daily passenger numbers at 100,000 and telling airlines to stop selling tickets as it seeks to quell travel chaos caused by soaring travel demand and staff shortages.
Airlines have already slashed thousands of flights from their summer schedules after U.K. aviation authorities, in a bid to prevent last-minute cancellations, said carriers wouldn’t be punished for not using valuable takeoff and landing slots.
Heathrow, Britain’s busiest airport, said the cuts weren’t enough, but Emirates drew a line, exposing tensions between the airport and the airlines that are its customers.
The problems have emerged around Europe. Booming demand for summer travel after two years of COVID-19 travel restrictions have swamped airlines and airports, which are shorthanded after many pilots, cabin crew, check-in staff, and baggage handlers were laid off. That’s left travelers facing last-minute cancellations, lengthy delays, lost luggage or long waits for bags.
Emirates, which operates six daily return flights between Heathrow and Dubai, United Arab Emirates, said it’s “highly regrettable” that the airport on Wednesday night gave it 36 hours to comply with capacity cuts “of a figure that appears to be plucked from thin air.”
“Their communications not only dictated the specific flights on which we should throw out paying passengers, but also threatened legal action for non-compliance,” the airline said.
Other airlines also grumbled. British Airways, which has the biggest presence at Heathrow and has already cut 11% of its scheduled flights through October, said the restrictions were “incredibly disappointing” and that it would cancel “a small number of additional flights.”
Heathrow blames a shortage of ground staff, which are contracted by airlines to check-in passengers, load and unload bags, and prepare aircraft for their next journey.
Emirates, however, said its ground-handling and catering services are owned by its parent company and “are fully ready and capable of handling our flights.” Blame instead lies with the airport’s “central services and systems,” it said.
The airline accused Heathrow management of being “cavalier” about travelers and airlines, with signs of a strong travel rebound apparent for months. Emirates said it got ready, including rehiring and training 1,000 pilots in the past year but that Heathrow failed to act, plan or invest.
“Now faced with an ‘airmageddon’ situation due to their incompetence and non-action, they are pushing the entire burden — of costs and the scramble to sort the mess — to airlines and travelers,” the statement said.
In response, Heathrow said it has been asking airlines for months to help draw up a plan to solve their staffing challenges, “but no clear plans were forthcoming, and with each passing day, the problem got worse.”
“We had no choice but to take the difficult decision to impose a capacity cap designed to give passengers a better, more reliable journey and to keep everyone working at the airport safe,” Heathrow said. “It would be disappointing if instead of working together, any airline would want to put profit ahead a safe and reliable passenger journey.”
Rebooking so many potentially affected passengers is impossible because all flights for the next few weeks are full, including at other London airports and on other airlines, Emirates said. Moving some operations to other U.K. airports at short notice is also unrealistic, it said.
Elsewhere in Europe, Germany’s Lufthansa said this week that it’s cutting 2,000 more flights in Frankfurt and Munich, mostly at peak times in the afternoon and evening over the next week, on top of 770 flights it axed from July 8 to 14.
More scheduled flight cancellations in August “are possible at a later date,” the airline said.
London’s Gatwick and Amsterdam’s Schiphol airports also have limited daily flights or passenger numbers. | https://cw33.com/business/ap-business/emirates-slams-heathrow-airports-order-to-cut-flights/ | 2022-07-14T18:58:22Z |
SEATTLE, May 23, 2022 /PRNewswire/ --
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
SUMMARY NOTICE OF PENDENCY AND PROPOSED
SETTLEMENT OF STOCKHOLDER CLASS ACTION,
SETTLEMENT HEARING, AND RIGHT TO APPEAR
This notice is for all record holders and beneficial holders of TD Ameritrade Holding Corporation ("Ameritrade") common stock at any point during the period from and including November 25, 2019, the date of the definitive merger agreement between Ameritrade and The Charles Schwab Corporation, through and including October 6, 2020, the date the Merger closed (the "Settlement Class").
Certain persons and entities are excluded from the Settlement Class by definition, as set forth in the full Notice of Pendency and Proposed Settlement of Stockholder Class Action, Settlement Hearing, and Right to Appear (the "Notice"), available at www.AmeritradeMergerLitigation.com. Any capitalized terms used in this Summary Notice that are not otherwise defined in this Summary Notice shall have the meanings given to them in the Stipulation and Agreement of Compromise, Settlement, and Release dated March 25, 2022 (the "Stipulation").
Please read this SUMMARY NOTICE carefully. Your rights will be affected by a class action lawsuit pending in this court.
YOU ARE HEREBY NOTIFIED, pursuant to an Order of the Court of Chancery of the State of Delaware (the "Court"), that the above-captioned stockholder class action (the "Action") is pending in the Court.
YOU ARE ALSO NOTIFIED that (i) plaintiff Brett Hawkes ("Plaintiff"), on behalf of himself and the Settlement Class, and (ii) defendants (a) The Toronto-Dominion Bank and its affiliates TD Group US Holdings LLC ("TD Group US"), TD Bank USA, National Association ("TD Bank USA"), and TD Bank, National Association ("TD Bank N.A." and together with TD Group US and TD Bank USA, "TD Bank"); (b) Tim Hockey, Brian Levitt, Karen Maidment, Bharat Masrani, Irene Miller, Joseph Moglia, Wilbur Prezzano, and Stephen Boyle (collectively, the "Individual Defendants"); and (c) The Charles Schwab Corporation ("CSC," and together with TD Bank and the Individual Defendants, "Defendants") have entered into a proposed settlement for, among other consideration, $31,500,000 (the "Settlement"). The terms of the Settlement are stated in the Stipulation entered into between Plaintiff and Defendants dated March 25, 2022, a copy of which is available at www.AmeritradeMergerLitigation.com. If approved by the Court, the Settlement will resolve all claims in the Action.
A hearing (the "Settlement Hearing") will be held on July 11, 2022 at 1:30 p.m., before The Honorable Paul A. Fioravanti, Jr., Vice Chancellor, either in person at the Court of Chancery of the State of Delaware, New Castle County, Leonard L. Williams Justice Center, 500 North King Street, Wilmington, Delaware 19801, or by telephone or video conference (in the discretion of the Court), to, among other things: (i) determine whether the Action may be permanently maintained as a non-opt out class action and whether the Settlement Class should be certified permanently, for purposes of the Settlement, pursuant to Court of Chancery Rules 23(a), 23(b)(1) and 23(b)(2); (ii) determine whether Plaintiff may be permanently designated as representative for the Settlement Class and Plaintiff's Co-Lead Counsel as counsel for the Settlement Class, and whether Plaintiff and Plaintiff's Co-Lead Counsel have adequately represented the interests of the Settlement Class in the Action; (iii) determine whether the proposed Settlement on the terms and conditions provided for in the Stipulation is fair, reasonable, and adequate to the Settlement Class, and should be approved by the Court; (iv) determine whether the Judgment, substantially in the form attached as Exhibit D to the Stipulation, should be entered dismissing the Action with prejudice as against Defendants; (v) determine whether the proposed Plan of Allocation of the Net Settlement Fund is fair and reasonable, and should therefore be approved; (vi) determine whether the application by Plaintiff's Co-Lead Counsel for an award of attorneys' fees and expenses, including Plaintiff's application for an incentive award, should be approved; (vii) hear and rule on any objections to the Settlement, the proposed Plan of Allocation, the application by Plaintiff's Co-Lead Counsel for an award of attorneys' fees and expenses, and/or Plaintiff's application for an incentive award; and (viii) consider any other matters that may properly be brought before the Court in connection with the Settlement.
Any updates regarding the Settlement Hearing, including any changes to the date or time of the hearing or updates regarding in-person or remote appearances at the hearing, will be posted to the Settlement website, www.AmeritradeMergerLitigation.com.
If you are a member of the Settlement Class, your rights will be affected by the pending Action and the Settlement, and you may be entitled to share in the Net Settlement Fund. If you have not yet received the Notice, you may obtain a copy of the Notice by contacting the Settlement Administrator at Ameritrade Merger Litigation, c/o JND Legal Administration, P.O. Box 91212, Seattle, WA 98111, 1-888-964-2135. A copy of the Notice can also be downloaded from the Settlement website, www.AmeritradeMergerLitigation.com.
If the Settlement is approved by the Court and the Effective Date occurs, the Net Settlement Fund will be distributed on a pro rata basis to Eligible Closing Date Stockholders in accordance with the proposed Plan of Allocation stated in the Notice or such other plan of allocation as is approved by the Court. Pursuant to the proposed Plan of Allocation, each Eligible Closing Date Stockholder will be eligible to receive a pro rata payment from the Net Settlement Fund equal to the product of (i) the number of shares held by the Eligible Closing Date Stockholder at the time such shares were converted into the right to receive the Merger Consideration in connection with the Closing of the Merger and (ii) the "Per-Share Recovery" for the Settlement, which will be determined by dividing the total amount of the Net Settlement Fund by the total number of shares held by all of the Eligible Closing Date Stockholders at the time such shares were converted into the right to receive the Merger Consideration in connection with the Closing of the Merger. As explained in further detail in the Notice at paragraphs 37-42, pursuant to the Plan of Allocation, payments from the Net Settlement Fund to Eligible Closing Date Stockholders will be made in the same manner in which Eligible Closing Date Stockholders received the Merger Consideration. Eligible Closing Date Stockholders do not have to submit a claim form to receive a payment from the Settlement.
Any objections to the proposed Settlement, the proposed Plan of Allocation, or Plaintiff's Co-Lead Counsel's application for an award attorneys' fees and expenses, including Plaintiff's application for an incentive award, must be filed with the Register in Chancery in the Court of Chancery of the State of Delaware and delivered to Plaintiff's Co-Lead Counsel and Defendants' Counsel such that they are received no later than June 27, 2022, in accordance with the instructions set forth in the Notice.
Please do not contact the Court or the Office of the Register in Chancery regarding this Summary Notice. All questions about this Summary Notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to the Settlement Administrator or Plaintiff's Co-Lead Counsel.
Requests for the Notice should be made to the Settlement Administrator:
Ameritrade Merger Litigation
c/o JND Legal Administration
P.O. Box 91212
Seattle, WA 98111
1-888-964-2135
info@AmeritradeMergerLitigation.com
www.AmeritradeMergerLitigation.com
Inquiries, other than requests for the Notice, should be made to
Plaintiff's Co-Lead Counsel:
BY ORDER OF THE COURT OF
CHANCERY OF THE STATE OF
DELAWARE
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SOURCE JND Legal Administration | https://www.mysuncoast.com/prnewswire/2022/05/23/notice-pendency-proposed-settlement-class-action-involving-record-beneficial-holders-ameritrade-common-stock-during-period-including-november-25-2019-through-including-october-6-2020/ | 2022-05-23T14:01:44Z |
New effort to solve cold cases involves decks of cards
JACKSONVILLE, Fla. (WJXT) – A Florida man, whose father’s murder has never been solved, came up with an innovative way to highlight cold cases in the state.
Ryan Backmann has decks of playing cards that are meant to be passed around in bars and other businesses. Each of the 52 cards has different facts about cold cases in the state.
With this new effort, solving a cold homicide could be as easy as playing a family game of Go Fish or Gin Rummy.
Backmann, the Project: Cold Case founder, believes it can happen.
“Just by putting this out there, who knows? Maybe we get that call,” he said. “Maybe a couple of families will get those answers they’ve been seeking just because of a couple of decks of cards.”
Backmann’s worked hard to get this project off the ground, with all 52 cases featured on the cards having occurred in Florida.
Some of the cases go back as far as the 1970s and 80s.
In many ways, this project is personal for Backmann. His father, Cliff, was shot and killed in a robbery. The case is unsolved.
“There’s a lot of people that deserve to have the amount of publicity that I’ve had, and that others have had,” Backmann said. “That’s really what we want to do. We want to give them their moment to know that their loved one is not forgotten.”
More than 750 decks are available, and the group plans to feature more cases in the future.
Backmann also hopes this sends the message to all families of unsolved cases that they’ll never walk their journey alone.
“We are in this for the long haul with them, to support them,” he said. “And so I ask them to trust to do what we do, and that we’ll figure out a way to raise awareness for their loved one.”
Years ago, similar playing cards were passed around in prisons for inmates to use as they served time.
Any business owners interested in getting decks of the cards are encouraged to go to the Project: Cold Case website.
Copyright 2022 WJXT via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/07/06/new-effort-solve-cold-cases-involves-decks-cards/ | 2022-07-06T19:40:37Z |
AUSTIN, Texas, Aug. 18, 2022 /PRNewswire/ -- Invicti Security - an application security leader for over 15 years - was named to the Inc. 5000 list. In its first year on the list, Invicti was ranked at #2287 overall, #216 in Texas, #62 in Austin, and #311 in software.
The Inc. 5000 is a prestigious award highlighting the 5,000 fastest-growing private companies in the US. This list is a hallmark of entrepreneurial success for some of the biggest household names and ranks companies based on three consecutive year growth rates.
"There are millions of web applications powering the world we live in and with more than 40% of all data breaches stemming from attacks on web apps,1 robust application security programs are a necessity for organizations," said Michael George, CEO of Invicti Security. "The 256% growth we've experienced over the most recent three years reflects the global need for appsec program sophistication, the skills and commitment of our team, and the quality and accuracy of our solutions. I'm very proud of how far we've come and excited for what the future holds."
Invicti provides the market's best dynamic application security testing (DAST) solution by bringing together the power of Acunetix and Netsparker. It enables its customers to discover their full application landscape, continuously test for vulnerabilities and prioritize fixes. Accurate, scalable, and integrated into application development processes, its DAST capabilities provide the critical element of any successful appsec program and overall cybersecurity posture. Delivering on its commitment to providing the most accurate application security with zero noise earned Invicti the highly coveted Challenger position in Gartner's Magic Quadrant earlier this year.
"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."
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.
Invicti Security - which acquired and combined respective DAST leaders Acunetix and Netsparker - is transforming the way web applications are secured. An AppSec leader for more than 15 years, Invicti enables organizations in every industry to continuously scan and secure all of their web applications and APIs at the speed of innovation. Invicti provides a comprehensive view of an organization's entire web application portfolio, and powerful automation and integrations enable customers to achieve broad coverage of thousands of applications. Invicti is headquartered in Austin, Texas, and serves more than 3,600 organizations of all sizes in more than 70 countries. For more information, visit our website or follow us on LinkedIn.
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, analyses company data to recognize the fastest-growing privately held businesses in the United States. For more information, visit www.inc.com.
Media Contact:
Invicti Security
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SOURCE Invicti Security | https://www.kxii.com/prnewswire/2022/08/18/invicti-security-named-inc-5000-list-fastest-growing-companies-us/ | 2022-08-18T14:56:31Z |
SAN RAMON, Calif. and SINGAPORE and LONDON, Sept. 6, 2022 /PRNewswire/ -- Institutional Real Estate, Inc. (IREI) announced today that Kelly Armanios has joined IREI as Managing Director of Europe.
Ms. Armanios brings with her 15+ years of B2B account management experience and over 5 years' experience in team management. Her extensive experience with Zoopla gained her the experience of working with operator/developers, investors and managers in both commercial and residential real estate. Her time spent in SaaS sales brings extensive experience in managing complex sales cycles, strategy development and data analysis. Her successful performance and client retention record is clear evidence of her ability to identify client needs and deliver effective solutions.
"At IREI, our core values drive our efforts to service our clients every day. Kelly's excellent communication skills and her natural ability to build relationships clearly demonstrated she knows how to deliver first-class customer service," says Tom Parker, executive vice president and publisher at IREI. "Filling this role with the right person was an extremely important step for us to elevate our level of service in Europe. Kelly not only fits that role, she undoubtedly adds value!"
As Managing Director of Europe, Ms. Armanios will be responsible for client relations, business development and sales for Institutional Real Estate Europe. She will report to Mr. Parker and be based in London. She is reachable by phone at +44 1919160030 or email at k.armanios@irei.com.
Since 1987, Institutional Real Estate, Inc. (IREI) has been a leading force in industry knowledge, providing institutional real estate and infrastructure investors with decision-making tools via its publications, conferences and information services.
IREI publishes a diversified portfolio of news magazines, special reports and directories for the benefit of the global infrastructure and institutional real estate investment community. Each publication provides subscribers with news, insights and perspective on the trends and events shaping the industry and the investment landscape.
The firm's flagship publication, Institutional Real Estate Americas, has been the industry's go-to resource for more than 35 years.
To learn more about Institutional Real Estate, Inc. and its businesses, visit www.irei.com.
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SOURCE Institutional Real Estate, Inc. | https://www.mysuncoast.com/prnewswire/2022/09/06/kelly-armanios-joins-institutional-real-estate-inc-managing-director-europe/ | 2022-09-06T14:38:09Z |
BALTIMORE, Sept. 13, 2022 /PRNewswire/ -- Name Experts LLC., a boutique.COM domain name brokerage firm, announces the exclusive representation of the super-premium, beachfront real estate, Aid.com.
Aid.com has no relevant trademarks and holds considerable value as a stand-alone three letter, pronounceable word.
Aid.com was first registered in 1995 and has been owned by the same entity since registered. Aid.com also has a clean SEO history and ready for your next brand development.
Aid.com had been in continuous use for many years. Recently, the owner has transitioned away from Aid.com and they no longer have a use for this domain name. As a result, this asset is now available for your next global brand initiative.
According to .com domain name expert Joe Uddeme, "Aid.com is short, brandable and super-easy to remember, making it extremely attractive to brands looking to stand out and connect with consumers."
The keyword "AID" receives on average, 441,000 global searches per month, and has a limited-profile with backlinks and authority. Uses for this global, beachfront real-estate include: Technology, Financial Aid, Financial Services, Healthcare, SAAS, and many other broad uses.
Terms of Sale:
This is a domain-name-only, acquisition. Please consult DNJournal.com for historical sales pricing. All transactions will close using Escrow.com and will required an executed contract by all parties. All offers should be submitted in writing addressed to this email.
For additional information on the bidding process, including minimum bid requirements—please click here
Name Experts LLC., is a full-service domain acquisition and divestment with more than $100mm in sales for their clients. Since 2009 Joe Uddeme has been brokering domains for both buyers and sellers. Name Experts offers complete expert valuations, market comparisons and stealth-acquisition services. We specialize in the end-user domain acquisitions, and work tirelessly to deliver exceptional results without false promises. For a free analysis, and an honest assessment of your Premium Domain(s), please contact Name Experts LLC., today to learn more.
Contact:
Joe Uddeme, Domain Name Expert
Name Experts LLC.
Phone: 410-977-0693
joe@nameexperts.com
https://nameexperts.com
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SOURCE Name Experts LLC | https://www.kxii.com/prnewswire/2022/09/13/name-experts-llc-exclusively-representing-aidcom-three-letter-brandable-com-domain-name-now-available/ | 2022-09-13T15:45:35Z |
NEW YORK, June 17, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. (NASDAQ: ARQQ).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/arqit-quantum-inc-f-k-a-centricus-acquisition-corp-loss-submission-form/?id=28680&from=4
This lawsuit is on behalf of: (i) all persons or entities who purchased or otherwise acquired Arqit securities between September 7, 2021 and April 18, 2022, inclusive; and/or (ii) all holders of Centricus securities as of the record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the merger between Arqit and Centricus (the "Merger") and entitled to vote on the Merger.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 5, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. issued materially false and/or misleading statements and/or failed to disclose that: (1) Arqit's proposed encryption technology would require widespread adoption of new protocols and standards for telecommunications; (2) British cybersecurity officials questioned the viability of Arqit's proposed encryption technology in a meeting in 2020; (3) the British government was not an Arqit customer but, rather, providing grants to Arqit; (4) Arqit had little more than an early-stage prototype of its encryption system at the time of the Merger; and (5) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/06/17/arqq-shareholder-alert-jakubowitz-law-reminds-arqit-quantum-inc-fka-centricus-acquisition-corp-shareholders-lead-plaintiff-deadline-july-5-2022/ | 2022-06-17T09:58:48Z |
MONTREAL, June 1, 2022 /PRNewswire/ - Goalcast continues to broaden its availability to cord-cutters through a FAST licensing agreement with DistroTV, the nation's largest, independent free, ad-supported streaming TV service.
DistroTV's line-up includes a diverse roster of premium content with more than 200 free live channels, featuring the best free shows and free movies from the US, Canada, UK and all around the world. Consumers can watch live shows, live sports, live news, music, movies, and entertainment anytime, anywhere and always for free.
"At DistroTV, our mission is to provide our growing and diverse global audience with content that meets their unique interests and passions," said Navdeep Saini, co-founder and CEO of DistroScale, parent company of DistroTV. "We are thrilled to welcome Goalcast to our content library, and grant our viewers access to Goalcast's stimulating documentaries."
"We are so elated to welcome Goalcast as a free streaming channel to our growing content lineup," said Rajesh Nair, VP of business development and content acquisition, DistroTV. "We built this channel from scratch and will stream it to our growing audience in India, as well as worldwide. It is a true testament to the work we do at DistroTV to provide engaging and entertaining content to viewers near and far."
Goalcast helps millions of people to live life with purpose through thought-provoking documentaries, speeches and short films. Founded in 2016, the brand has earned over 50 million fans with more than 500 million video views every month, making it one of the fastest-growing empowering media companies in the world. DistroTV viewers will now have access to Goalcast's collection of stories that uncover the greatest life lessons of today's most inspiring people.
"Similar to DistroTV, Goalcast is on a mission to provide exceptional content to a global audience. We have found that there is no better way to empower people to make positive changes in their lives, than by sharing inspiring stories of challenge and triumph", says Cyrus Gorjipour, CEO and co-founder of Goalcast. "We are committed to sharing stories from people who are living the impossible across the globe and are thrilled to count DistroTV among our FAST partners who enable us to amplify our impact."
Interested viewers can stream DistroTV for free on Roku, Amazon Fire TV, Apple TV, Google TV, LG TV, Samsung TV, Sony TV, iOS, or Android, or on the web by visiting distro.tv/live/goalcast/
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SOURCE Goalcast | https://www.wibw.com/prnewswire/2022/06/01/goalcast-expands-fast-reach-distribution-deal-with-distrotv/ | 2022-06-01T15:51:33Z |
NEWPORT BEACH, Calif., June 22, 2022 /PRNewswire/ -- Primior announces UNITED STATES PROPERTY COIN (USPC), a real estate backed cryptocurrency project created by Johnney Zhang, CEO of Primior.
USPC aims to be a superior store of value. Created in response to the volatility associated with the inflation-impacted U.S. Dollar, dollar-backed stablecoins, utility tokens, and algorithmic-backed coins, USPC offers a real world, real estate asset-backed alternative by securitizing physical, income producing properties located throughout U.S. urban markets. While fiat currencies and stablecoins pegged to such currencies are subject to devaluation, USPC would benefit from current cash flow income as well as long-term capital appreciation of real estate in the United States.
USPC is positioned to emerge as a viable alternative medium of exchange from a combination of current income generation with long-term appreciation of U.S real estate and the 24/7 peer-to-peer instant exchange network enabled by blockchain technology.
USPC was founded by California real estate developer, Primior. For over a decade, Primior has been a leading real estate investment, development, and management firm. "We are extremely excited to collaborate with our passionate and ambitious community to launch this project and look forward to working with our strategic partners, composed of established stalwarts of the real estate industry and pioneering crypto-visionaries," said Johnney Zhang, CEO and founder of Primior."
USPC (United States Property Coin) is a cryptocurrency project backed by physical real estate assets located in high-demand markets throughout the U.S. Sponsored and funded by Primior, a leading real estate investment, development and management firm based in Southern California, USPC's mission and vision is to provide investors with a more transparent, liquid, asset-backed solution and better store of value. USPC is a security token designed to provide fractionalized ownership in a diversified portfolio that is expected to benefit from current income and the long-term appreciation of real estate assets, and function as a more reliable store of value and medium of exchange.
For more USPC project information, please visit our website at www.upsc.io. Join our community, sign up for the USPC twitter and discord groups.
This news release is for general informational purposes only and does not constitute a prospectus, an offer document, an offer of securities, a solicitation for investment, or any offer to sell any product, item, or asset (whether digital or otherwise). The information set out in this release is only conceptual and describes potential future development goals of USPC and is being shared in order to outline some of the company's project plans.
PHOTO DOWNLOAD: http://www.kcomm.com/wp-content/uploads/2022/06/Johnney-Zhang-Headshot.jpg
MEDIA CONTACT:
Na Ye
Primior
Na.Ye@primior.com
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SOURCE Primior | https://www.wibw.com/prnewswire/2022/06/22/primior-announces-uspc-unique-innovative-cryptocurrency-backed-by-us-real-estate/ | 2022-06-22T12:49:41Z |
Pinkett Smith talks hair-loss ‘shame,’ outcome of Oscar slap
LOS ANGELES (AP) — Jada Pinkett Smith turned her husband’s Oscar-night blowup into a teachable moment about alopecia areata, the hair-loss disorder affecting her and millions of others that, in some cases, can impact a person’s sense of identity.
“Considering what I’ve been through with my own health and what happened at the Oscars, thousands have reached out to me with their stories,” Pinkett Smith said on Wednesday’s episode of “Red Table Talk.”
The actor said she chose to use “this moment to give our alopecia family an opportunity to talk about what it’s like to have this condition” and what it is. Her guests included the mother of a 12-year-old girl, Rio Allred, who was bullied over her hair loss and died by suicide, and a physician who explained the different types of the disorder.
Before tackling the subject, Pinkett Smith addressed events at the March 27 Academy Awards. She and husband Will Smith, a best-actor nominee, were in the audience as presenter Chris Rock cracked a joke at Pinkett Smith’s expense.
“Jada, I love you. ‘G.I. Jane 2,’ can’t wait to see it,” Rock said. Pinkett Smith, who has spoken publicly about her alopecia, had a closely shaved head similar to that of Demi Moore in the 1997 movie.
Smith strode from his front-row seat to the stage and slapped Rock, shocking the comedian and the audience. Smith, who returned to his seat and later accepted the Oscar for “King Richard,” subsequently apologized to Rock but was banned from the ceremony for 10 years by the film academy.
“Now, about Oscar night, my deepest hope is that these two intelligent, capable men have an opportunity to heal, talk this out, and reconcile,” Pinkett Smith said on “Red Table Talk” in an indirect reference to Smith and Rock. “The state of the world today, we need them both, and we all actually need one another more than ever.
“Until then, Will and I are continuing to do what we have done for the last 28 years, and that’s keep figuring out this thing called life together,” said Pinkett Smith, who previously had addressed the incident in a brief Instagram post that read ”This is a season for healing and I’m here for it.”
The actor (“Girls Trip,” “Matrix” films), who hosts the Facebook Watch talk show with her daughter, Willow, and Adrienne Banfield Norris, her mother, said that millions of people are living with alopecia and what she called the “shame” that surrounds it. The condition, particularly for Black women, can affect a person’s perception of themselves and force them to frequently confront others’ perceptions about beauty, hair and race and culture.
Rio’s mother, Nicole Ball, recounted the impact of the Oscar incident, which took place less than two weeks after her daughter’s death.
“What is the universe doing right now? This is crazy,’” Ball recalled thinking. “People are going to be Googling, ‘What is alopecia. ... What is this that we’ve never heard of?’ It’s not a joke.”
According to the National Alopecia Areata Foundation, the disorder affects as many as 6.8 million people in the United States of any age, sex and ethnic group, and the symptoms can vary.
“I think the part that makes it most difficult for me is that it comes and goes. You’re going through a spell of something, and you got to shave your head,” Pinkett Smith said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/01/pinkett-smith-talks-hair-loss-shame-outcome-oscar-slap/ | 2022-06-01T16:56:52Z |
DENVER, Aug. 25, 2022 /PRNewswire/ -- CSG® (NASDAQ: CSGS) today announced that its Board of Directors approved the Company's quarterly cash dividend payment of $0.265 per share of common stock to be paid on Sept. 29, 2022 for shareholders of record as of the close of business on Sept. 16, 2022.
About CSG
CSG is a leader in innovative customer engagement, revenue management and payments solutions that make ordinary customer experiences extraordinary. Our cloud-first architecture and customer-obsessed mindset help companies around the world launch new digital services, expand into new markets, and create dynamic experiences that capture new customers and build brand loyalty. For 40 years, CSG's technologies and people have helped some of the world's most recognizable brands solve their toughest business challenges and evolve to meet the demands of today's digital economy with future-ready solutions that drive exceptional customer experiences. With 5,000 employees in over 20 countries, CSG is the trusted technology provider for leading global brands in telecommunications, retail, financial services, and healthcare. Our solutions deliver real world outcomes to more than 900 customers in over 120 countries.
To learn more, visit us at csgi.com and connect with us on LinkedIn and Twitter.
Copyright © 2022 CSG Systems International, Inc. and/or its affiliates ("CSG"). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved.
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SOURCE CSG International | https://www.kxii.com/prnewswire/2022/08/25/csg-systems-international-approves-quarterly-dividend/ | 2022-08-25T14:28:43Z |
KYIV, Ukraine (AP) — The sun came out as Ukrainians marked Orthodox Easter in the capital, Kyiv, on Sunday with prayers for those fighting on the front lines and others trapped beyond them in places like Mariupol.
St. Volodymyr’s Cathedral in Kyiv was ringed by hundreds of worshippers with baskets to be blessed. Inside, a woman clutched the arm of a soldier, turning briefly to kiss his elbow. Other soldiers prayed, holding handfuls of candles, then crossed themselves. An older woman slowly made her way through the crowd and stands of flickering candles. One young woman held daffodils.
Outside the cathedral, a soldier who gave only his first name, Mykhailo, used his helmet as an Easter basket. He said he didn’t have another.
“I hope I’ll only have to use the helmet for this,” he said.
President Volodymyr Zelenskyy at a service elsewhere in Kyiv urged Ukrainians not to let anger at the war overwhelm them.
“All of us believe our sunrise will come soon,” he said.
The spiritual leader of the world’s Orthodox Christians called for the opening of humanitarian corridors in Ukraine, saying a “human tragedy” was unfolding in the country.
Ecumenical Patriarch Bartholomew I spoke Saturday night in Istanbul during midnight Mass. He is considered first among equals among Eastern Orthodox patriarchs, which gives him prominence but not the power of a Catholic pope.
With the Orthodox church split by the tensions between Russia and Ukraine, some worshippers hoped the holy day could inspire gestures of peacemaking. “The church can help,” said one man who gave only his first name, Serhii, as he came to a church in Kyiv under the Moscow Patriarchate.
He and others brought baskets to be blessed by priests for Easter, with flicks of a brush sprinkling holy water over offerings of home-dyed eggs, lighted candles and even bottles of Jack Daniel’s.
Residents of rural villages battered by the war approached the holiday with some defiance.
“We’ll celebrate Easter no matter what, no matter much horror,” said Kateryna Lazarenko, 68, in the northern village of Ivanivka outside Chernihiv, where ruined Russian tanks still littered the roads.
“How do I feel? Very nervous, everyone is nervous,” said another resident, Olena Koptyl, as she prepared her Easter bread. “The Easter holiday doesn’t bring any joy. I’m crying a lot. We cannot forget how we lived.” She and 12 others spent a month sheltering from Russian soldiers in the basement of her home before the soldiers withdrew.
In eastern Ukraine, the scene of Russia’s latest offensive, worshippers expressed unease along with hope for negotiations.
“God will make them understand and they will reach an agreement, because this should be stopped,” said Aleksandra Papravkina in Bakhmut. “Otherwise, Ukraine will not exist.”
Ukraine, meanwhile, prepared for the first high-level U.S. trip to Kyiv since before the war began on Feb. 24 after Zelenskyy announced he would meet in Kyiv on Sunday with Secretary of State Antony Blinken and Defense Secretary Lloyd Austin.
Zelenskyy in a news conference Saturday night gave few details but said he expected results — “not just presents or some kind of cakes, we are expecting specific things and specific weapons.”
Pope Francis renewed his call for an Easter truce. Without naming the aggressors, Francis urged them to “stop the attack to help the suffering of the exhausted people.”
___
Oleksandr Stashevsky contributed to this report from Ivanivka.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/ukraine-marks-orthodox-easter-with-prayers-for-those-trapped/ | 2022-04-25T05:34:31Z |
Unstoppable Domains will give all FOX Token holders $50 toward free NFT domains
SAN FRANCISCO, June 22, 2022 /PRNewswire/ -- Unstoppable Domains, the leading platform for Web3 digital identity with more than 2.4 million registered NFT domains, today announced an integration with ShapeShift, a decentralized, non-custodial cryptocurrency platform supporting over 5000 assets. Now, ShapeShift customers will be able to replace complicated wallet addresses with human-readable NFT domains, so they can send the top crypto assets (BTC and ETH) as easily as they would an email. To jump-start the integration, in the coming weeks, ShapeShift and Unstoppable Domains will offer free NFT domains to all FOX Token holders.
"We're always looking for ways to make crypto easier, whether through our own development efforts or through integrations with partners," said Willy Ogorzaly, ShapeShift DAO's head of decentralization. "It's no surprise that long crypto addresses are difficult, and human-readable addresses are a great solution. By leveraging on-chain NFTs to represent domains rather than centralized name services (like DNS), Unstoppable Domains ensures that the user is always in control."
The current Web3 onboarding experience is overly complex, and Unstoppable Domains solves that by offering user-friendly NFT domain names that provide a foundation for digital identity. NFT domains allow people to carry a unique username across wallets, apps, services, games, and the metaverse, becoming a user-owned, secure, and portable Web3 identifier. With this new partnership, ShapeShift users can send crypto from their wallet to .crypto, .x, .nft, .wallet, .coin, .bitcoin, .dao, .blockchain, and .888 domains. This helps eliminate user error and creates a more human-centric approach to interacting with crypto and the Web3 ecosystem.
"As one of the longest-running crypto exchanges, ShapeShift has made decentralization, openness and transparency a core part of its mission," said Sandy Carter, SVP of Business Development at Unstoppable Domains. "We're delighted to partner with ShapeShift as we build a future where both new and experienced crypto users have the tools to interact seamlessly with the decentralized web."
In the coming weeks, FOX Token holders will receive an email from ShapeShift DAO with a unique code, which they can use to claim their free domain on the Unstoppable Domains website.
ABOUT UNSTOPPABLE DOMAINS
Founded in 2018, Unstoppable Domains is an NFT domain name provider and digital identity platform working to onboard the world onto Web3. Unstoppable Domains offers NFT domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with more than 200 apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America's Best Startup Employers in 2022.
MEDIA CONTACT: press@unstoppabledomains.com
ABOUT SHAPESHIFT
Since 2014, ShapeShift has been pioneering self-custody for digital asset trading. Today's ShapeShift DAO is an engaged community of builders working to advance the state of crypto trading, investing and access to open, decentralized financial systems. Our web and mobile platforms empower users to safely buy, hold, trade, invest and interact with thousands of digital assets such as Bitcoin, Ethereum and Cosmos.
All Chains, All Protocols, All Wallets. Share Our Vision at app.shapeshift.com.
Learn more at ShapeShift.com
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SOURCE Unstoppable Domains | https://www.wibw.com/prnewswire/2022/06/22/shapeshift-dao-integrates-unstoppable-domains-replacing-complicated-crypto-wallet-addresses-with-nft-domains/ | 2022-06-22T17:23:28Z |
Professional Entrepreneur Brings Premier Facility Solutions to the North Bay Area
SANTA ROSA, Calif., April 7, 2022 /PRNewswire/ -- City Wide Facility Solutions, the leading management company in the building maintenance industry, has opened its seventh location in California. The new office, located in Santa Rosa, serves cities in Marin, Sonoma, Napa and Solano County.
Local building owners and property management companies throughout the Northern Bay area now have access to a single-source solution for all of their facility management needs. Peter Holewinski, former owner of a home care business, opened the doors to City Wide Facility Solutions at 1400 North Dutton Ave., Suite 9 in Santa Rosa.
"As someone who has been a business owner and understands the level of dedication needed to be successful, I was drawn to the City Wide Facility Solutions opportunity because of the support system it provides," said Holewinski. "That backbone of support allows me to entirely focus on the building owners and property managers in my community to ensure they no longer have to worry about how to get the services they need for their buildings."
Holewinski is a fourth generation Sonoma County resident, living on his great-grandfather's homestead in Alexander Valley. He began his career in multi-national banking and corporate finance where he managed business organizations and teams in the United States, Singapore, Hong Kong, Europe and the United Kingdom. This includes launching the first structured trade finance team at a major bank in Singapore. More recently, he owned and operated a successful home care business for seven years in Sonoma County.
"By working with teams in diverse cultures, I learned a lot about patience and how to problem solve," added Holewinski. "That experience helped shaped my skills in client management and support which will prove to be very fruitful as I continue to build the City Wide brand here in the Northern Bay area."
Playing an instrumental role in boosting local economies, City Wide puts business back into the community by partnering with smaller, independent and locally owned companies to execute services. Aligning with independent companies ensures clients have access to more specialized services while providing an opportunity for small businesses to develop alongside a reputable national company.
For more information about City Wide Facility Solutions in the North Bay Area and the services it offers, please visit northbay.gocitywide.com/ or call (707) 843-5499.
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SOURCE City Wide Facility Solutions | https://www.kxii.com/prnewswire/2022/04/07/city-wide-facility-solutions-opens-third-bay-area-office/ | 2022-04-07T19:51:30Z |
WORCESTER, Mass., May 31, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.75 per share on the issued and outstanding common stock of the company, payable June 24, 2022, to shareholders of record at the close of business on June 10, 2022.
Statements regarding quarterly or future dividends, whether regular or special, payable to the company's shareholders, which may be subject to future increases, decreases, or elimination, as determined by The Hanover's board of directors, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The company cautions investors that any such forward-looking statements are not guarantees of future performance, including but not limited to, growth, earnings improvement, returns, future dividend payments, or the amount of such payments. Investors are directed to consider the risks and uncertainties in the company's business that may cause actual results to differ and/or affect the board's decision to declare dividends in the future, including those risks which are discussed in readily available documents, such as the company's annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other documents filed by The Hanover with the Securities and Exchange Commission and which are also available on hanover.com under "Investors."
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit hanover.com.
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SOURCE The Hanover Insurance Group, Inc. | https://www.kxii.com/prnewswire/2022/05/31/hanover-insurance-group-inc-declares-quarterly-dividend-075-per-common-share/ | 2022-05-31T22:25:56Z |
EAST WINDSOR, N.J., May 18, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced it will present virtually at the upcoming H.C. Wainwright Global Investment Conference from May 23 to May 26, 2022.
Institutional investors are encouraged to register here for one-on-one meetings with Greenland's CEO Mr. Raymond Wang. An on-demand presentation will be available through the Conference portal starting at 7:00 a.m. EST on Tuesday, May 24.
About Greenland Technologies Holding Corporation
Greenland Technologies Holding Corporation (NASDAQ: GTEC) is a developer and a manufacturer of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. Information on the Company's clean industrial heavy equipment division can be found at HEVI Equipment.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements." Such statements reflect Greenland's current views with respect to future events and are subject to such risks and uncertainties, many of which are beyond the control of Greenland, including those set forth in the Risk Factors section of Greenland's Annual Report on Form 10-K and Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission ("SEC"). Copies are available on the SEC's website, www.sec.gov. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Greenland's expectations with respect to future performance. In addition, there is uncertainty about the further spread of the COVID-19 virus or the occurrence of another wave of cases and the impact it may have on the Company's operations, the demand for the Company's products, global supply chains and economic activity in general. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Statements contained in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Greenland does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law.
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SOURCE Greenland Technologies Holding Corporation | https://www.mysuncoast.com/prnewswire/2022/05/18/greenland-technologies-present-hc-wainwright-global-investment-conference/ | 2022-05-18T21:10:24Z |
PHILADELPHIA, July 28, 2022 /PRNewswire/ -- Legendary trial and civil rights attorney William "Billy" Murphy Jr. and Malcom Ruff of Murphy, Falcon & Murphy, Martell Harris of the Trial Law Firm, and Jason Duncan of Duncan Legal Group announced today the filing of a class action lawsuit against the owners and operators of Sesame Place Philadelphia, SeaWorld Parks and Entertainment, Inc. and SeaWorld Parks and Entertainment LLC, for discriminatory practices against African American children.
The lawsuit filed in U.S. District Court for the Eastern District of Pennsylvania alleges that costumed Sesame Street characters, "Elmo," "Ernie," "Telly Monster," and "Abby Cadabby" wrongfully refused to engage with African American children during "Meet and Greet" events, intentionally discriminating against the youngsters, while, at the same time, shaking hands, hugging and high-fiving white children.
"The behavior of Sesame Place's costumed park workers is reprehensible. Class members, some as young as 5 years old, adore these characters, and to be shunned by them so brazenly will have a lasting negative affect on their sense of self-worth. Sadly, discriminatorily behavior like this knows no bounds and can target even the most innocent," said Murphy.
The lawsuit alleges class representatives, Quinton Burns and his five-year-old daughter, Kennedi, traveled from Baltimore to Sesame Place Philadelphia to celebrate Father's Day, June 18, at the fun park only to be ignored by costumed characters during "Meet and Greet" events along with other African American guests. These same costumed park workers readily engaged with white patrons, according to the lawsuit.
The class action lawsuit comes on the heels of recent viral video clips depicting nearly identical behavior directed towards other Black youth at the park. The lawsuit seeks $25,000,000.00 in damages from the owners and operators of Sesame Place for civil rights violations, breach of contract and other causes of action on behalf of the class, which includes "[a]ll African American persons who entered contracts with SeaWorld for admission into Sesame Plaine Philadelphia from July 25, 2018, until the present, and who suffered disparate treatment from SeaWorld and/or its agents and/or employees, by their refusal to interact with African American children while openly interacting with similarly situated white children."
Murphy, Falcon & Murphy is a Baltimore-based law firm specializing in complex civil, criminal, and civil rights litigation. Our powerhouse legal team has a history of unrelenting dedication to its clients in Baltimore and across the country. Our team of seasoned trial lawyers has extensive experience in a wide variety of cases with success rates that dwarf national averages and is dedicated to providing smart strategies and creative approaches to complex litigation. Our team is driven and strategy-focused —characteristics that have helped us secure more than $900 million in verdicts and settlements, including over $75 Million in police cases throughout the country. Our attorneys have won some of the largest verdicts in high-profile, high-stakes cases in some of the toughest jurisdictions around the country. The firm represented Freddie Gray, Jr. and William H. Green, achieving historic settlements of $6.4 million and $20 million, respectively, for federal and state civil rights violations that led to their deaths.
*Each case is different. Past success does not guarantee a favorable result in any future case.
Adrian Harpool
443-326-4427
adrian@adrianharpool.com
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SOURCE MURPHY FALCON & MURPHY; Murphy, Falcon & Murphy | https://www.kxii.com/prnewswire/2022/07/28/legendary-trial-attorney-william-billy-murphy-announces-class-action-against-operators-sesame-place-philadelphia-alleging-park-discriminated-against-minority-children/ | 2022-07-28T02:17:34Z |
HELSINKI, June 16, 2022 /PRNewswire/ -- Outokumpu has successfully completed the first phase of the strategy with a strong focus on de-risking the company and strengthening the balance sheet. The first phase of the three-phase strategy was focused on three key priorities: Commercial Excellence, Cost and Capital Discipline and Lean and Agile Organization. The company has made significant progress in all areas and strategy execution has proceeded ahead of plans. Outokumpu has already achieved both its financial targets, EUR 250 million EBITDA run-rate improvement and net debt to EBITDA ratio to below 3.0. Strong performance and diligent strategy execution in the first phase provide a solid foundation for the second phase until 2025.
Says CEO Heikki Malinen: "I am very proud that we have made such strong progress with our strategy execution in the first phase and succeeded in de-risking the company. As a result, Outokumpu's resilience has improved significantly, which provides a strong foundation going forward in all market conditions. In the second phase the focus is to strengthen the core. We will continue our strong emphasis on sustainability to further improve Outokumpu's position as the sustainability leader in the stainless steel sector. We are targeting a significant CO2 emission reduction, and there will be a strong focus on sustainable sourcing as well as diversity, equity, and inclusion, to name some of the focus areas. In the second phase, we will also make targeted investments on productivity and sustainability and focus on customer-focused steering."
Key strategic priorities, business area targets and related changes in the leadership team in the second phase of strategy
While in the first phase of the strategy the aim was to de-risk the company, the second phase will be about strengthening the core. The second phase will focus on three key priorities: sustainability, growth from productivity and customer-focused steering. As part of the company's ambitious sustainability journey, Outokumpu aims to reduce its CO2 emissions by 14% by the end of 2025 compared to the 2021 level, in line with its SBTi 1.5- degree climate target. Also, capital discipline and strong shareholder returns will be at the core of the company's long-term strategy going forwards.
For the second phase of the strategy, Outokumpu has launched two customer differentiated strategies for business area Europe. The company aims to strengthen cost leadership in high-volume stainless steel products and a global market leadership in advanced products. Business area Europe will strengthen its position as the customer's first choice in sustainable stainless steel, while in business area Americas the focus will be on sustaining the high profitability levels. At the core of business area Ferrochrome's strategy is carbon neutrality.
President and CEO Heikki Malinen continues to lead the business area Europe. To ensure the execution of the differentiated strategies in Europe, Outokumpu appoints Niklas Wass as President – business line, Stainless Europe to lead high-volume stainless steel products and Thomas Anstots as President – business line, Advanced Materials to lead advanced products. Otherwise, the responsibilities in the Outokumpu leadership team remain unchanged.
Updated financial targets for the second phase
Outokumpu has updated its financial targets for the second phase of the strategy to reflect capital allocation priorities. The focus will be increasingly on strong shareholder returns:
- Net debt to EBITDA <1.0 in normal market conditions
- EBITDA run-rate improvement of EUR 200 million
- EUR 600 million of capital expenditure for the coming three years
- Stable and growing dividend
Says CEO Heikki Malinen: "We have been putting a lot of effort into our strategy work throughout the organization. The hard work has paid off and now we have a firm and sustainable strategic plan in place to take this company forward following the successful first phase of de-risking. Outokumpu's leadership team is fully committed to the strategy, and I am extremely proud to talk about our updated objectives for the second phase. We have a strong performance culture, and this really is a company of great people – I am fully convinced that our talented and hard-working teams will continue to deliver good value to our customers and strong results to our shareholders going forward."
Outokumpu will arrange a Capital Markets Day 2022 webcast and conference call today, June 16, 2022, at 10.00 am EEST (8.00 am CEST).
To join our Capital Markets Day, please follow the live webcast at https://outokumpu.videosync.fi/cmd-2022
To dial in for the conference call, please use the following numbers:
Finland: +358 9 8171 0310
United Kingdom: +44 33 3300 0804
United States: +1 631 9131 422
PIN: 65425230#
For more information:
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 40 071 9669
Media: Päivi Allenius, VP, Communications, tel. +358 40 753 7374
This information was brought to you by Cision http://news.cision.com
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SOURCE Outokumpu Oyj | https://www.wibw.com/prnewswire/2022/06/16/outokumpu-concludes-first-phase-strategy-ahead-time-announces-second-phase-related-new-appointments-financial-targets-with-aim-strengthening-core/ | 2022-06-16T06:28:21Z |
NEW YORK , May 30, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Vertex Pharmaceuticals Incorporated ("Vertex" or the "Company") (NASDAQ: VRTX). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Vertex and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 2, 2022, Vertex issued a press release providing an update on its Phase 1/2 clinical trial of VX-880, an investigational stem cell-derived, fully differentiated pancreatic islet cell replacement therapy for people with type 1 diabetes (T1D) with impaired hypoglycemic awareness and severe hypoglycemia. Specifically, the press release revealed that "the VX-880 Phase 1/2 study has been placed on clinical hold in the U.S. by the Food and Drug Administration (FDA) due to a determination that there is insufficient information to support dose escalation with the product."
On this news, Vertex's stock price fell $11.26 per share, or 4.12%, to close at $261.96 per share on May 2, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/05/30/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-vertex-pharmaceuticals-incorporated-vrtx/ | 2022-05-30T22:36:49Z |
ADP Research Institute and Stanford Digital Economy Lab to provide a more robust, high-frequency labor market analysis; pause current report in interim
ROSELAND, N.J., June 30, 2022 /PRNewswire/ -- Today, the ADP Research Institute (ADPRI) and the Stanford Digital Economy Lab (the "Lab") announced they will retool the ADP National Employment Report (NER) methodology to provide a more robust, high-frequency view of the labor market and trajectory of economic growth. In preparation for the changeover to the new report and methodology, ADPRI will pause issuing the current report and has targeted August 31, 2022 to reintroduce the new ADP National Employment Report.
ADPRI announced its collaboration with the Lab in April 2022, with plans to advance reporting of labor market data. Aligning with ADPRI's mission, the Lab focuses on how technologies, like AI, are affecting the workforce, business and society to help people make better decisions. Together, ADPRI and the Lab are working to deliver a stronger labor market analysis and reliable labor market indicators for the new ADP National Employment Report.
"ADP's extensive dataset of over 26 million U.S. employees offers a tremendous ability to deliver a strong read of the labor market and pulse of U.S. employment," said Nela Richardson, chief economist, ADP. "As the leader in providing deep data on the world of work, our goal is to issue indicators that inform business leaders, members of academia, economists and policymakers with a reliable read of the workforce. We look forward to advancing our labor market analysis with the Stanford Digital Economy Lab to provide a more comprehensive analysis of labor market data, and reintroduce the ADP National Employment Report."
"The NER project is an exciting step for the Lab," said Stanford Professor Erik Brynjolfsson, Director of the Lab and Senior Fellow at the Stanford Institute for Human-Centered AI. "There's a revolution underway using fine-grained, real-time data to help us answer key economic and business questions. By working together, we can apply our knowledge to an extremely important labor market indicator. The new NER combines theory and practice, analysis and experimentation, and academia and business – and makes insights accessible and useful to more people."
Additional updates and announcements regarding the new ADP National Employment Report will be forthcoming, closer to the re-launch later this summer. In the meantime, for more information on ADP Research Institute, visit ADPRI.org.
About the ADP Research Institute
The ADP Research Institute delivers data-driven discoveries about the world of work and derives reliable economic indicators from these insights. We offer these findings as a unique contribution to making the world of work better and more productive by delivering actionable insights to the economy at large.
About ADP (NASDAQ: ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com.
ADP, the ADP logo, Always Designing for People and ADP Research Institute are trademarks of ADP, Inc.
Copyright © 2022 ADP, Inc. All rights reserved.
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SOURCE ADP, Inc. | https://www.wibw.com/prnewswire/2022/06/30/new-adp-national-employment-report-launch-late-summer-2022/ | 2022-06-30T11:00:09Z |
Woolpert Africa combines the mapping, surveying and data services of Woolpert, Southern Mapping and AAM.
JOHANNESBURG, Sept. 12, 2022 /PRNewswire/ -- Woolpert has integrated the staff, resources and local experience of its two geospatial companies in Africa, Southern Mapping Company and AAM, to form Woolpert Africa. The team will provide geospatial data collection, processing and management to support common applications in Africa, including services in mining, power, infrastructure, agriculture and the environment.
Woolpert acquired Southern Mapping Company in 2019. Based in Johannesburg, Southern Mapping, a Woolpert Company, specializes in lidar, hyperspectral imagery and remote sensing technologies. AAM, a Woolpert Company, is a photogrammetric mapping, surveying and GIS firm headquartered in Australia. AAM joined Woolpert in 2021. It has offices in Johannesburg and Cape Town and staff across multiple African countries and the Gulf States.
"Individually, each of our companies have made a name for themselves across Africa by providing cutting-edge geospatial services to address a wide range of needs," Woolpert Senior Vice President Joseph Seppi said. "Together, we are an industry-leading company that lives and works across the continent and understands doing business in Africa. Together, we are the largest full-service geospatial firm in Africa."
These companies introduced the first lidar system in Africa and the first hyperspectral system based in South Africa. The Woolpert Africa team has mapped more than 2 million square kilometers of the continent and has worked in more than 45 African countries, completing more than 1,500 projects.
"This alignment of regional resources is in line with our strategic vision to expand technology and innovation to best serve our clients, while giving staff the opportunity to create and advance," Woolpert CEO Scott Cattran said. "We're very excited to announce the launch of Woolpert Africa."
About Woolpert
Woolpert is the premier architecture, engineering, geospatial (AEG) and strategic consulting firm, with a vision to become one of the best companies in the world. We innovate within and across markets to effectively serve public, private and government clients worldwide. Woolpert is an ENR Top 150 Global Design Firm, earned six straight Great Place to Work certifications and nurtures a culture of growth, inclusion, diversity and respect. Founded in 1911 in Dayton, Ohio, Woolpert has been America's fastest-growing AEG firm since 2015. The firm has 1,900 employees and 60 offices on four continents. woolpert.com.
Media contact: Jill Kelley; 937-531-1258, jill.kelley@woolpert.com
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SOURCE Woolpert | https://www.kxii.com/prnewswire/2022/09/12/woolpert-aligns-geospatial-companies-resources-form-woolpert-africa/ | 2022-09-12T12:18:09Z |
LONDON (AP) — Pink Floyd is releasing its first new music in almost three decades to raise money for the people of Ukraine, the band announced Thursday.
“Hey Hey Rise Up” features Pink Floyd members David Gilmour and Nick Mason, with vocals from Ukrainian singer Andriy Khlyvnyuk of the band BoomBox. Roger Waters, who left the band in the 1980s, is not involved.
The track features Khlyvnyuk singing a patriotic Ukrainian song from a clip he recorded in front of Kyiv’s St. Sophia Cathedral and posted on social media.
Gilmour, who performed with BoomBox in London in 2015, said the video was “a powerful moment that made me want to put it to music.”
After Russia’s invasion, Khlyvnyuk cut short a tour of the U.S. to return to Ukraine and join a territorial defense unit.
Gilmour said he spoke to Khlyvnyuk, who was recovering in a hospital from a mortar shrapnel injury, while he was writing the song. He said: “I played him a little bit of the song down the phone line and he gave me his blessing. We both hope to do something together in person in the future.”
The song is being released Friday and the band says proceeds will go to the Ukraine Humanitarian Relief Fund.
“We want to express our support for Ukraine, and in that way show that most of the world thinks that it is totally wrong for a superpower to invade the independent democratic country that Ukraine has become,” Gilmour said.
Pink Floyd was founded in London in the mid-1960s and helped forge the U.K. psychedelic scene before releasing influential 1970s albums including “The Dark Side of the Moon,” “Wish You Were Here” and “The Wall.”
Original member Waters quit in 1985, and the remaining members of Pink Floyd last recorded together for the 1994 album “The Division Bell.” After keyboard player Richard Wright died in 2008, Gilmour said he doubted Pink Floyd would perform together again.
“Hey Hey Rise Up” also features Guy Pratt on bass and Nitin Sawhney on keyboards.
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Follow all AP stories on the war in Ukraine at https://apnews.com/hub/russia-ukraine. | https://cw33.com/entertainment-news/ap-entertainment/pink-floyd-members-reunite-to-record-song-for-ukraine/ | 2022-04-07T23:50:36Z |
Four arrested in Shawnee Co. drug search
TOPEKA, Kan. (WIBW) - Four people were arrested following two drug searches conducted by Shawnee Co. authorities.
The Shawnee Co. Sheriff’s Office says Courtney Crockett, 46, was arrested for possessing a weapon as a felon, and possessing opiate and hallucinogenic narcotics with intent to distribute. Angelah Brooks, 40, and Anthony Jackson, 37, were arrested for possession with intent to distribute hallucinogenic and stimulant, respectively. Travelle Gueary, 43, was arrested for marijuana possession and outstanding warrants. They have all left custody on bond.
The individuals were taken in Wednesday from homes in the 200 block of SE Klein St. and the 1800 block of SE Chandler St. Three juveniles were also found in the homes.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/30/four-arrested-shawnee-co-drug-search/ | 2022-07-30T01:25:21Z |
Villarreal more proud than sad after Champions League loss
By TALES AZZONI
AP Sports Writer
MADRID (AP) — Villarreal fans stayed on their feet cheering at the La Cerámica Stadium long after the match ended. The result was not what they had hoped but the feeling was of a job well done. There was more pride than sadness for the modest Spanish club after it came up just short of pulling off yet another upset against a European powerhouse in the Champions League. The club lost to Liverpool 3-2 in the second leg of the Champions League semifinals and was eliminated. Villarreal coach Unai Emery says “we were close to excellence.” | https://localnews8.com/news/2022/05/04/villarreal-more-proud-than-sad-after-champions-league-loss/ | 2022-05-04T12:17:55Z |
NEW YORK, Sept. 9, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Coinbase Global, Inc. (NASDAQ: COIN) between April 14, 2021 and July 26, 2022, both dates inclusive (the "Class Period"), of the important October 3, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Coinbase securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Coinbase class action, go to https://rosenlegal.com/submit-form/?case_id=8095 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 October 3, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Coinbase custodially held crypto assets on behalf of its customers, which assets Coinbase knew or recklessly disregarded could qualify as the property of a bankruptcy estate, making those assets potentially subject to bankruptcy proceedings in which Coinbase's customers would be treated as the Company's general unsecured creditors; (2) Coinbase allowed Americans to trade digital assets that Coinbase knew or recklessly disregarded should have been registered as securities with the SEC; (3) the foregoing conduct subjected Coinbase to a heightened risk of regulatory and governmental scrutiny and enforcement action; and (4) as a result, defendants' 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 Coinbase class action, go to https://rosenlegal.com/submit-form/?case_id=8095 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
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cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/09/10/rosen-highly-recognized-law-firm-encourages-coinbase-global-inc-investors-secure-counsel-before-important-deadline-securities-class-action-coin/ | 2022-09-10T00:46:09Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- Gabriel & Co., the award-winning leader in bridal and fashion fine jewelry, is proud to continue their philanthropic mission of "Giving Back" with the release of the Stronger Together bracelet. Available now, the sterling silver cuff bracelet, which retails for $199, will donate 100% of proceeds to Jewelers for Children benefiting the Make-A-Wish Foundation of America. Non-profit Make-A-Wish and their tens of thousands of donors, volunteers and supporters help fulfill the wishes of children with critical illness under the age of 18. Dedicated to creating a world that is happier and healthier, Gabriel & Co. stands ready to help.
A simple, timeless yet elegant design the Stronger Together bracelet features two intertwined strands representing the strength of togetherness and the power of humanity. JFC's membership support has allowed Make-A-Wish America to grant more than 1,940 life-changing wishes that changed the lives of kids, families and even communities. Gabriel & Co.'s past charitable campaigns have seen massive success thanks in part to celebrity fans such as Hayley Hasselhoff, Katherine Schwarzenegger, Vanessa Hudgens, Lyndon Smith and more. Raising more and $91,000 during the 2020 91>19 campaign and more than $50,000 during the 2021 Stronger Together necklace campaign, the New York based brand continues to set the industry standard in both design and philanthropy.
Both Jack and Dominick Gabriel, Co-Founders of Gabriel & Co., hope to attract and raise awareness of childhood illness to as many people as possible. "Our mission is to give back to powerful causes through our passion, fine jewelry. We were overwhelmed with the amazing response we received from our 91>19 bracelet campaign and our Stronger Together necklace campaign." states Jack. "We are delighted to be able to work with Jewelers for Children and Make-A-Wish on our newest design that is sure to bring faith, happiness and help to kids and families that need it the most," follows up Dominick.
David Rocha, Executive Director of Jewelers For Children, states: "We greatly appreciate the continued support of Gabriel & Co. They are always at the front of the line when it comes to helping JFC meet our mission of helping the children who need it most. Jack and Dominick personify what it means to come together and help others during these challenging times."
Stronger Together bracelet, created especially for Make-A-Wish America (JFC). Please spread the positive message. 100% proceeds for Jewelers for Children benefiting Make-A-Wish: https://www.gabrielny.com/make-a-wish
PRESS CONTACT:
Erica Gordon
Michele Marie PR
erica@michelemariepr.com
646.863.3923
Gabriel & Co. is a New York City based jewelry design house which was founded in 1989 by brothers Jack and Dominick Gabriel. Family owned and operated, the company began in New York City and has since evolved into one of the most prolific fine jewelry brands in the U.S., sold at retailers nationwide. The story of Gabriel & Co. is one of passion, integrity, service and trust. Gabriel creates beautifully unique and distinctive pieces that are designed to reflect the true beauty that is unique in all of us. Each piece is passionately designed and created as a crafted personal experience. By infusing human passion into natural elements, Gabriel creates jewelry that enhances and celebrates beauty and personal achievements. Individually numbered, each piece is as unique as the woman who wears it. Gabriel & Co. has consistently won awards since 2011 in both JCK & Instore Magazines for being one of the most innovative and best performing brands in the jewelry industry.
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SOURCE Gabriel & Co. | https://www.kxii.com/prnewswire/2022/06/02/gabriel-amp-co-stands-against-childhood-illness-with-charitable-stronger-together-bracelet/ | 2022-06-02T14:29:25Z |
IRVINE, Calif., July 18, 2022 /PRNewswire/ -- American Healthcare REIT, Inc., a self-managed, publicly registered, real estate investment trust, announced today the promotion of Gabriel M. Willhite to chief operating officer.
"Over the past six years, Gabe has consistently displayed a keen acumen for navigating complex transactional and operational matters for the company, making him an invaluable member of our executive management team," said Danny Prosky, president and chief executive officer of American Healthcare REIT. "He combines a skill set that encompasses healthcare real estate operations, real estate transactions and legal judgment that makes him an important member of our management team and central to our effort to drive ever-greater value to our stockholders and other key partners."
Willhite has been involved with the company since its inception, having joined American Healthcare Investors, the company's former sponsor and one of the entities that comprised the tri-party transaction that formed American Healthcare REIT, in 2016 as senior vice president, assistant general counsel before being named executive vice president, general counsel in 2020, and subsequently being appointed as executive vice president, general counsel of the newly formed American Healthcare REIT in 2021. He has been involved in the management and oversight of the company's largest investments and transactions, including serving on the board of Trilogy Investors since 2020 and negotiating the transaction that formed American Healthcare REIT in 2021. Prior to his involvement with the company, Willhite served as legal counsel for Sabal Financial Group, L.P., where he was responsible for overseeing portfolio acquisitions, financings, joint ventures, dispositions and strategic workout transactions. He previously worked as an associate in the transactional practice group of Greenberg Traurig, LLP.
Willhite earned a bachelor's degree in political science and communication from the University of Southern California, and a juris doctorate from the University of Minnesota Law School. He is a member of the California State Bar Association.
Willhite replaces Mathieu B. Streiff as chief operating officer. Streiff will continue with the company as an executive vice president for the remainder of 2022 before stepping down as an executive of American Healthcare REIT on January 1, 2023. Streiff, a co-founder of American Healthcare Investors, will continue as a member of the company's board of directors.
About American Healthcare REIT, Inc.
American Healthcare REIT, Inc., a self-managed, publicly registered, healthcare real estate investment trust, owns and manages a diverse portfolio of healthcare real estate assets totaling approximately 19 million square feet, with a gross investment value of approximately $4.2 billion. As of March 31, 2022, this international portfolio includes 313 buildings comprised of medical office buildings, senior housing communities, skilled nursing facilities, and other real estate-related investments across 36 states and the United Kingdom. For more information, please visit www.AmericanHealthcareREIT.com.
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SOURCE American Healthcare REIT, Inc. | https://www.wibw.com/prnewswire/2022/07/18/american-healthcare-reit-promotes-gabriel-willhite-chief-operating-officer/ | 2022-07-18T19:16:31Z |
Jill Biden uses her soft diplomacy to make the case for partnering with the US during three-country Latin America tour
By Kate Bennett, CNN
First lady Jill Biden on Monday wraps a six-day, three-country tour of Latin America with an agenda that focused — at times with subtlety and others with direct intent — on why a partnership with the United States has its benefits.
“Alone, you can only do so much. Any one of us can only do so much,” said Biden in remarks at the Ecuadorean presidential palace on Thursday. “That’s what I’d like to talk to you about today: How when we work together, we can make our nations and our world stronger.”
Biden has — in the three capital cities of Ecuador, Panama and Costa Rica — made remarks on a similar theme, tackling issues related to democracy, growth and political freedom. Her mission has been to shore-up relations with allies in a region rife with corruption and immigration issues, a topic her husband’s administration has found controversial back home.
A federal judge in Louisiana on Friday blocked the Biden administration from ending a Trump-era pandemic restriction, known as Title 42, at the US-Mexico border, thwarting plans to terminate the controversial public health authority. Since taking office, Biden’s administration has continued to rely on Title 42, a public health authority invoked at the onset of the coronavirus pandemic that allows border officials to turn migrants away at the US-Mexico border.
Yet Jill Biden’s message on her South and Central American trip was not “do not come,” which Vice President Kamala Harris bluntly communicated during her visit last June to Mexico and Guatemala. Instead, Biden’s tone was closer to “stay where you are and reap the benefits of a US relationship.”
“[Biden] understands the fine line she has to walk between serving as a goodwill emissary from the US promoting American values, and being a political actor herself,” said Kate Andersen Brower, CNN contributor and author of “First Women: The Grace and Power of America’s Modern First Ladies.”
Throughout her travels this week, the first lady has dotted her stops with gifts of funding, announcements of aid and promises of support from America, combining cheery partnership sweet spots with the warning that — in a world of recent, ongoing and perhaps future challenges — it is better to have the US in your corner than not.
“Injustice and corruption, poverty and pollution, disease and despair. They aren’t contained by any borders,” Biden said in Ecuador, standing at a podium just feet from that country’s president, Guillermo Lasso, having met privately with him for close to an hour earlier in the day.
“If we learned anything from the Covid-19 pandemic, from these last few years of sickness and sorrow, it’s how one deadly virus can move through the world. How hunger and violence are woven together. How a war in Europe can ripple through stock markets and supermarkets. And here, how the loss of trees in your Amazon can take a piece of the future from all of us.”
Quiet diplomacy behind the scenes
Biden left Ecuador the following day, after lighting a candle and touring Quito’s largest church with first lady Maria de Lourdes Alcivar de Lasso.
Yet what the goodwill photo ops did not reveal were new conversations on the margins between State Department officials and the Ecuadorean government, an opportunity for needed, behind-the-scenes engagement, which the first lady’s trip provided.
There are now ongoing negotiations for a bilateral agreement with Ecuador on migration and protection with countries throughout the region, a US official involved in the discussions told CNN.
“Ecuador hosts large numbers of Venezuelan migrants and refugees,” said the official. “We also discussed the importance of protection for this vulnerable group.”
According to an official at the Department of Homeland Security, “More than 6 million Venezuelan refugees and migrants have fled their homes, making this the second-largest external displacement crisis in the world.”
Seventeen countries in Latin America and the Caribbean host approximately 80% of this Venezuelan diaspora, including large numbers in Ecuador. Costa Rica, a country of only 5 million people, is hosting approximately 150,000 Nicaraguan migrants, fleeing another country with a tenuous political climate, according to the official.
“The first lady is the most visible woman in American politics,” said Brower. “By showing interest in another region and using the unique soft power of her position to promote American values and democracy she can strengthen and even heal relationships.”
Brower also noted the position of a first lady, Biden especially, has become increasingly influential in high-stakes diplomatic scenarios.
“There’s a general acceptance that a first lady has the gravitas and clout to make a trip to a region critical to the US,” said Brower.
‘Diplomacy is about relationships’
In Panama on Saturday, during a visit to an HIV/AIDS shelter home, funded by the US’s PEPFAR program, the first lady announced an additional $80.9 million for PEPFAR in the region, including $12.2 million for Panama, which will be dedicated to expanding HIV/AIDS services and treatment, according to Biden’s spokesman Michael LaRosa.
“I see this great community. I see how hard you’re all working and, maybe with the additional funding that we will be announcing today, I’m hoping that it makes a difference for you,” said Biden, who participated in a roundtable discussion at the shelter, listening to the needs of a community which has received little monetary support for HIV/AIDS from its own country’s government, according to statistics provided by the East Wing.
The engagement of the PEPFAR program was done well before Biden’s visit, said a White House official, though the announcement at the center was seen as a surprise.
“Bottom line is that none of this travel is typically done in a vacuum – it’s part of a strategic plan – or should be,” said Anita McBride, director of the First Ladies Initiative at American University and Laura Bush’s former chief of staff.
At her third and final stop on the tour, Costa Rica, Biden on Saturday evening had dinner at the US ambassador’s residence with Costa Rica’s new president, Rodrigo Chaves, who has been in office for less than two weeks after a run-off election and was recently embroiled in a sexual harassment scandal from his years at the World Bank, and his wife, first lady Signe Zeicate.
Zeicate met Biden’s plane at the airport that afternoon, welcoming her American counterpart with a hug and joining her for events Saturday and Sunday.
“Diplomacy is about relationships. (Biden) builds a rapport with the first spouses and it matters, it helps to break the ice and establish some familiarity with each other, and in private moments share their husband’s positions. They build some greater mutual understanding, hopefully,” said McBride.
At San José’s National Children’s Hospital on Sunday, Zeicate seated in the front row of a small room where Biden was speaking. The first lady, in remarks to assembled media and local government officials, dropped the news that country’s public health authority had recently entered a memorandum of understanding with the University of Pennsylvania and the Children’s Hospital of Philadelphia, which, according to LaRosa, will boost research availability and, “help Costa Rican children access a lifesaving cancer treatment.”
“No country can defeat cancer alone,” said Biden. “It takes all of us working together.”
Biden was introduced by US Ambassador to Costa Rica Cynthia Telles.
“It’s important to note that the first lady’s visit to Costa Rica was the catalyst for finalizing the agreement,” said Telles.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Priscilla Alvarez contributed to this report. | https://localnews8.com/news/2022/05/23/jill-biden-uses-her-soft-diplomacy-to-make-the-case-for-partnering-with-the-us-during-three-country-latin-america-tour/ | 2022-05-23T13:21:26Z |
BOSTON, July 26, 2022 /PRNewswire/ -- Elucid, a novel non-invasive software company providing physicians with AI-powered imaging to characterize cardiovascular disease, is pleased to announce that Todd C. Villines, MD, is joining the company as Chief Medical Officer. Dr. Villines will be leading clinical strategy development and execution for Elucid's commercial and in-development products.
A distinguished professor of medicine, clinical cardiologist, and researcher focused on cardiovascular imaging and prevention, Dr. Villines is board-certified in internal medicine, cardiovascular diseases, cardiac computed tomography, and advanced adult echocardiography. He is a former president of the Society of Cardiovascular Computed Tomography and Editor in Chief of the Journal of Cardiovascular Computed Tomography. Dr. Villines has published over 275 peer-reviewed manuscripts, three books, and eight book chapters focusing on cardiovascular imaging, outcomes, and prevention.
"We are thrilled to welcome Dr. Villines as our Chief Medical Officer," said Blake Richards, CEO of Elucid. "As a thought leader in cardiovascular medicine and a foremost expert in CT angiography, his extensive experience in cardiovascular disease assessment will be an invaluable asset for Elucid and his contributions will substantially impact patient care globally. Dr. Villines' clinical expertise as a cardiologist focusing on imaging and prevention will serve to drive the vision and goals of Elucid in enabling precision heartcare through non-invasive AI-powered software."
Prior to his appointment at Elucid, Dr. Villines served as a medical director at the University of Virginia, specializing in cardiovascular disease, CT angiography, and multi-modality cardiovascular imaging. Dr. Villines retired from active-duty military service of 20+ years after achieving the rank of Colonel in the U.S. Army Medical Corps. He is a graduate of the U.S. Army Command and General Staff College, and he served as the leader of Army Cardiology as Cardiology Consultant to the U.S. Army Surgeon General (2013 – 2017). He attended undergraduate at the U.S. Military Academy (West Point), medical school at the University of Oklahoma in Oklahoma City, and completed his internal medicine residency and cardiology fellowship at the Walter Reed Medical Centers in Washington, D.C. and Bethesda, MD.
"As a cardiologist involved in patient care and research, this is a unique opportunity to save lives and improve outcomes with early, accurate cardiovascular disease detection," said Villines. "I am convinced that Elucid's pioneering computed tomography-based technology will fundamentally shift how we treat and prevent heart disease. The company's technology helps physicians flag the patients who are truly at risk for heart attacks and stroke and directs a patient-specific treatment pathway. I am deeply pleased to join the team at Elucid and look forward to helping to build the already impressive evidence base supporting the adoption and use of Elucid's image analysis platform."
Elucid is a Boston-based medical technology company using uniquely interpretable and validated AI to provide physicians with a cost-effective means to optimize treatment decisions for patients with cardiovascular disease. Advanced clinical insights from Elucid equip physicians with critical information designed to enable precision medicine. Elucid is the first FDA-Cleared and CE-marked non-invasive software to quantify atherosclerotic plaque characteristics compared to histopathology, including Lipid Rich Necrotic Core. The company has published studies for its derivation of fractional flow reserve (FFRct) based on the vasodilative capacity of the vessel wall and estimation of coding and non-coding RNA transcripts ("Virtual Transcriptomics"). This unique information informs improved treatment decisions by physicians leading to better patient outcomes, improved quality of care, and reduced healthcare costs. The Elucid software is available for commercial use in the U.S., Europe, and South Korea. To learn more visit https://elucid.com/ and follow us on LinkedIn.
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SOURCE Elucid | https://www.kxii.com/prnewswire/2022/07/26/todd-c-villines-md-joins-elucid-new-chief-medical-officer/ | 2022-07-26T13:45:59Z |
Girmay out of Giro after eye injury caused by prosecco cork
JESI, Italy (AP) — An accident with a prosecco cork while celebrating his historic stage victory at the Giro d’Italia has forced Biniam Girmay to pull out of the race. The Eritrean rider became the first Black African to win a stage at a grand tour when he beat Mathieu van der Poel in the sprint to the line in Jesi in the 10th stage on Tuesday. But he had to be taken to a local hospital after getting injured when he popped a prosecco cork into his eye during the podium celebration. The 22-year-old Girmay celebrated with his Intermarché-Wanty-Gobert Matériaux teammates when he returned from the hospital. | https://localnews8.com/news/2022/05/18/girmay-out-of-giro-after-eye-injury-caused-by-prosecco-cork/ | 2022-05-18T11:51:40Z |
Legend of RPS has launched its first Play-to-Earn game
HO CHI MINH CITY, Vietnam, Sept. 9, 2022 /PRNewswire/ -- Legend of Rock, Paper, Scissors, which takes inspiration from the hand game Rock, Paper, Scissors, is an online game that has been popularized and adapted into a "Play to Earn" one based on blockchain technology. Players must be accurate 100% and able to take the super high pressure of time to tame this tough but addictive game. On August 10th, the official version of Legend of Rock, Paper, Scissors was launched after the testing time.
Relive your childhood memories with the new Legend RPS version
Rock Paper Scissors is considered the oldest hand game in the world. With the advancement of technology, this traditional game has evolved into a mobile one. The original game is extremely simple, consisting only of a fight between three warriors, with rock beats scissors, scissors beats paper, paper beats rock, and so on.
Legend of Rock, Paper, Scissors was created as an NFT game that not only entertains but also provides economic value to the players. This version is a simple and short game with many features that avoid boring moments and keep the game exciting throughout.
Everyone has played this game at some point in their lives, and it is frequently used as a fair way to choose between two or more people. As a result, this game evolved into a very accessible Play-to-Earn one.
Players can enjoy a variety of game modes with numerous exciting battles
The key highlights of Legend of Rock, Paper, Scissors are the multi-game modes and diversity reward system. This game provides single, 1 vs 1, and tournament modes which allow players to experience many strategies. To win the battle, players have to fight back against others by choosing one of the legends: Rock, Paper, or Scissors.
Furthermore, there are different ways for players to claim more LRPS tokens. Various simple activities such as: logging in daily, participating in events, or finishing the game missions will also be profitable for players.
Upcoming: Multiple NFT Airdrops and Bounty Events
To advance the experiences of players, Legend of Rock, Paper, Scissors has organized various events with numerous rewards.
- Minigame Catch The Token: When ranking in the top 20 of the minigame, players can earn up to 250 LRPS Tokens.
- Airdrop Events: Free Coins for everyone by following LRPS social channels. Airdrop rewards are up to 10,000 LRPS Tokens.
- Bounty Event: Free coins for User-Generated Content creators. The Reward Pool is worth 100,000 LRPS Tokens.
These events will take place until September along with the launching of Legend of Rock, Paper, Scissors' official version. These projects aim to reach a mass audience of enthusiasts, investors, and supporters who form together as a whole community.
Legend of Rock, Paper, Scissors is expected to become the leader in the NFT game market. It is a user-friendly game with a self-sustaining ecosystem that is made for everyone. This game promises to provide nostalgic and enriching experiences to players. More information will be updated soon. Follow Legend of Rock, Paper, and Scissors on social media platforms to stay up to date.
Download APK now: https://rpsgame.world
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SOURCE Legend of RPS | https://www.mysuncoast.com/prnewswire/2022/09/09/worlds-most-popular-childhood-all-time-rock-paper-scissors-is-now-trending-nft-games/ | 2022-09-09T07:54:51Z |
Suncoast resident helps save Ukranian children
SARASOTA, Fla. (WWSB) - Nate England spent eight days in Ukraine helping save a total of six Ukrainian children with heart conditions through Novick Cardiac Alliance.
England spent a summer in Ukraine in 2003 where he made long-lasting friendships. The ongoing war in Ukraine pushed England to look for a way to help and Dr. William Novick’s organization provided that.
England is a Sarasota resident who works at All Children’s Hospital in St. Petersburg as a Respiratory Therapist.
“What we could bring, the skills and the equipment it was life-changing for these kids and it made it so they can not just function normally but, it made it so they could live,” said England. “It was life or death for these kids.”
England and other volunteers from across the world brought supplies from their respective hospitals. Dr. Novick receives donations from hospitals that England said they would sort between the two major hospitals in Ukraine.
The eight-day trip saved six children and one boy who was transferred to a hospital in Germany for follow-up care. The boy’s father was also given refugee status in Germany.
“Not only did he get out but his dad was able to go with him and that’s huge because his dad’s at fighting age and for a male Ukrainian to get out of the country at all right now is huge,” said England.
England plans to return to Ukraine with Dr. Novick’s group in September. Dr. Novick said England would always be welcome because of his hard work and passion.
“This is a guy who really great and he’s going to help regardless of what the situation is, Nate’s going to help,” said Dr. Novick.
Novick Cardiac Alliance helps countries across the world and has trips all year long.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/17/suncoast-resident-helps-save-ukranian-children/ | 2022-06-17T02:22:38Z |
MCLEAN, Va., July 5, 2022 /PRNewswire/ -- V2X, Inc. (NYSE: VEC) ("V2X" or the "Company") today announced the successful completion of Vectrus' combination with The Vertex Company ("Vertex"), creating a leading provider of critical mission solutions and support to defense clients globally. In connection with the closing, the Company was renamed V2X, Inc. The company will continue to trade on the New York Stock Exchange under the ticker "VEC" through July 7, 2022. Beginning at the open of business on July 8, 2022, V2X's common stock will trade under the ticker symbol "VVX".
V2X offers clients around the world a broad suite of technology and service capabilities to support national security readiness and modernization initiatives. As a larger, more diversified company, V2X delivers a comprehensive set of integrated solutions and critical service offerings across the operations and logistics, aerospace, training and technology markets to national security, defense, civilian and international clients.
"Today's milestone establishes V2X as a leading global provider of mission-essential solutions," said Chuck Prow, Chief Executive Officer of V2X. "Through this transformative combination, we created a company with the scale and ability to compete for large integrated business opportunities by providing full life-cycle support across the converged environment."
Updated 2022 Guidance
V2X intends to provide second half 2022 guidance when it reports its financial results for the second quarter on August 9, 2022, after market close. Senior management will conduct a conference call at 4:30 p.m. ET that same day.
Board of Directors
The V2X Board of Directors is comprised of 11 members, with appointments effective at the closing of the transaction:
- Six are continuing directors designated by Vectrus – Mary Howell, Melvin Parker, Eric Pillmore, Chuck Prow, Stephen Waechter and Phillip Widman;
- Five have been designated by Vertex – Ed Boyington, Dino Cusumano, Lee Evangelakos, Joel Rotroff and Neil Snyder.
Ms. Howell will serve as Chairman of the Board.
Transaction Details
In connection with the close of the transaction, Vertex shareholders received approximately 18.6 million shares of Vectrus common stock. On a fully diluted basis, former Vertex stockholders own approximately 62% of V2X, while legacy Vectrus shareholders own approximately 38%, each as calculated at closing.
Advisors
Goldman Sachs & Co. LLC is acting as exclusive financial advisor to Vectrus, and Skadden, Arps, Slate, Meagher & Flom LLP and Covington & Burling LLP are acting as legal counsel. Vectrus was also advised by Ernst & Young and Wolf Den Associates. RBC Capital Markets, LLC and Evercore are acting as financial advisors to Vertex, and Jones Day, Baker Botts LLP and Ropes & Gray LLP are acting as legal counsel. Vertex was also advised by Fairmont Consulting Group.
ABOUT V2X
V2X is a leading provider of critical mission solutions and support to defense clients globally, formed by the 2022 merger of Vectrus and Vertex to build on more than 120 combined years of successful mission support. The Company delivers a comprehensive suite of integrated solutions across the operations and logistics, aerospace, training and technology markets to national security, defense, civilian and international clients. Our global team of approximately 14,000 employees brings innovation to every point in the mission lifecycle, from preparation, to operations, to sustainment, as they tackle the most complex challenges with agility, grit and dedication.
FORWARD-LOOKING STATEMENTS
Certain material presented in this press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Securities Exchange Act of 1934. These forward-looking statements include, but are not limited to, the possibility that anticipated benefits of the transaction may not be realized or may take longer to realize than expected; the possibility that costs related to the Company's integration of Vertex's operations may be greater than expected and/or that revenues following the transaction may be lower than expected; the Company's business may suffer as a result of uncertainty surrounding the transaction and disruption of management's attention due to the transaction; the outcome of any legal proceedings that are related to the transaction; the Company may be adversely affected by other economic, business, and/or competitive factors; the impact of legislative, regulatory, competitive and technological changes; the effect of the transaction on the ability of the Company to retain and maintain relationships with both Vectrus's and Vertex's customers, including the U.S. Government; other risks to the consummation of the mergers, including responses from customers and competitors to the transaction; the risk that the integration of Vertex may distract management from other important matters; results from the transaction may be different than those anticipated; statements about Vectrus's 2022 performance outlook, five-year growth plan, revenue, DSO, contract opportunities, the impacts of COVID-19, and any discussion of future operating or financial performance.
Whenever used, words such as "may," "are considering," "will," "likely," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "could," "potential," "continue," "goal" or similar terminology are forward-looking statements. These statements are based on the beliefs and assumptions of our management based on information currently available to management.
These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside our management's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. For a discussion of some of the risks and important factors that could cause actual results to differ from such forward-looking statements, see the risks and other factors detailed from time to time in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the U.S. Securities and Exchange Commission.
The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Contact Information
Mike Smith, CFA
michael.smith@vectrus.com
(719) 637-5773
Or
Jim Golden / Scott Bisang / Tim Ragones
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
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SOURCE Vectrus, Inc. | https://www.kxii.com/prnewswire/2022/07/05/vectrus-vertex-complete-combination-establishing-v2x-leading-provider-critical-mission-solutions-globally/ | 2022-07-05T14:44:37Z |
Artist, Russell Sanchez (San Ildefonso Pueblo) is awarded Best of Show at Santa Fe Indian Market's 2022 Awards Luncheon in the Pottery Classification
SANTA FE, N.M., Aug. 22, 2022 /PRNewswire/ -- Santa Fe Indian Market is pleased to announce this year's Best of Show, Best of Class and Special Award winners in a variety of classifications. Since 1922, Santa Fe Indian Market, the world's largest and most prestigious Native North American art market, has awarded Best of Show winners to the nation's exceptional Indigenous artists in a variety of juried categories.
Over 40 judges, experts in various mediums, spent all day Thursday, August 18, reviewing and critiquing this year's entries and determining the winners. The announcement of the Best of Show, Best of Class, and Special Award winners was made publicly at the Best of Show Luncheon on Friday afternoon.
All the Best of Show winners' phenomenal artwork was available this past weekend during Santa Fe Indian Market on the Plaza in downtown Santa Fe.
The 2022 Centennial Best of Class winners are:
Ernest Benally (Navajo)
Jeweled belt entitled, "Turtle Family"
Handmade and stamped tooled bezel
2"x3"
12 turtle pieces
Made with natural stones and shells
Russell Sanchez (San Ildefonso Pueblo)
Polychrome jar- incised, then painted. "100 years in the making!"
8" w x 7" d x 10 ½ h
Inlaid with sleeping beauty hematite and lone mountain turquoise.
All traditional materials and firing.
Cara Romero (Chemehuevi)
Archival pigment print. "The Zenith"
43" x 48" x 3"
Digital capture of model with corn on fishing line.
Manuel Chavarria (Hopi)
Hopi old- style katsina dolls "Qooglee Storyteller Hunters"— set of 2
15" t x 4.5" w and 15.5 t x 8.5" w
Leather cottonwood root, pigment paint, parrot feathers, leather attire, sinew, copper on knives and arrow tips, cotton string, turquoise necklace, and sterling silver pendants.
Ryan Benally (Diné)
Hand carved Italian marble and granite sculpture, "Bold as Love"
34" w x 24"h x 10" d
Love comes and goes but love is infinite. Love is in our hands.
Ahkima Honyumptewa (Hopi)
Weaving, "Oryavi Kenel Kwasa"
43" x 46.5"
Woven wool in diamond and diagonal twills with hills and valleys.
Glenda McKay (Ingalik Athabascan)
Traditional walrus harpoon with float
Harpoon: 6' x 2.5"
Float: 48" x 12"
Handmade 4 strand rope: 30 +"
Hand carved walrus ivory.
Juanita Growing Thunder Fogarty (Assiniboine Sioux)
Beaded and quilled horse collar "Walking this Good Way of Life Together"
60"
Original design created by the artist with hopes and dreams for this generation to find healthy partnerships. Designs are centered around Wahpe Wastemna (sweet leaf) as used as good medicine. Used to help partners walk this good way of life. Porcupine Quills, smoked moose hide, antique size 15 beads, brass beads, bells, thimbles, French cut beads, silk ribbon, Ermine, horsehair.
TobieMae Patricio (Acoma Pueblo)
Basket Weave Polychrome Pot
4" x 5"
Traditional clay, traditional paints, sandstone paints, wild spinach, hand coiled and traditionally fired.
Jeremy Frey (Passamaquoddy)
"Dawnland"
21.5"h x 11.5" w
Black ash, sweet grass, dye. Plate weave.
All materials harvested and processed by artist from Maine.
Santa Fe Indian Market's Centennial Best of Show Ceremony and Luncheon was sponsored by a generous anonymous donation and co-sponsored by Institute of American Indian Arts (IAIA) and JoAnn and Bob Balzer. SWAIA is grateful for these generous contributions. A complete list of winners in all categories and special awards will be posted on the SWAIA website this week. Congratulations to all the winners!
About SWAIA:
The Southwestern Association for Indian Arts (SWAIA) is a non-profit organization supporting Native American arts and culture. It creates economic and cultural opportunities for Native American artists by producing and promoting the Santa Fe Indian Market, the biggest and most prestigious Indian art event in the world since 1922; cultivating excellence and innovation across traditional and non-traditional art forms; and developing programs and events that support, promote, and honor Native artists year-round. swaia.org
IG: santafeindianmarket
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SOURCE Southwestern Association for Indian Arts | https://www.kxii.com/prnewswire/2022/08/22/santa-fe-indian-market-announces-centennial-best-show-winners/ | 2022-08-22T19:26:13Z |
Yellowstone park fundraiser offers entry pass good for 2172
BILLINGS, Mont. (AP) — As Yellowstone National Park celebrates its 150th anniversary year, the park’s fundraising arm is seeking $1,500 donations in exchange for an annual entry pass that can be used by carloads of the donor’s descendants to visit the park in 150 years. Yellowstone Forever will use the money raised through the sale of ‘Inheritance Passes’ to support park projects like trail improvements, education, native fish conservation and scientific studies. The president and CEO of Yellowstone Forever says its the organization’s way of celebrating 150 years of Yellowstone National Park and helping to preserve the park for another 150 years. | https://localnews8.com/news/ap-wyoming/2022/04/04/yellowstone-park-fundraiser-offers-entry-pass-good-in-2172-2/ | 2022-04-04T20:22:12Z |
Summit Financial Consultants To Join SageView For RIA's Expertise in Retirement, Wealth Management
NEWPORT BEACH, Calif., June 21, 2022 /PRNewswire/ -- SageView Advisory Group ("SageView"), one of the nation's leading independent RIA firms, announced today that Summit Financial Consultants of Westlake Village, Calif., is to join the company. Summit Financial Consultants, which has $321 million in assets under management (AUM), offers retirement planning and comprehensive financial planning to its clients.
The agreement with Summit Financial Consultants is the sixth that SageView has announced since July 2021, and closely follows recent retirement and wealth management acquisitions. SageView's strategy of expanding in the wealth management space through recruiting and acquisitions has enabled the firm to build a robust presence in Southern California, where SageView has maintained a historical focus on financial wellness and retirement plan support for its clients. Summit Financial Consultants' clients can expect to continue to receive the same best-in-class financial advice and service they received before the acquisition, while enjoying the benefits of SageView's full suite of investment and planning services.
Randy Long, SageView Founder and Managing Principal said, "We are delighted to take the first step in bringing this outstanding group of financial advisors to SageView and the ever-expanding wealth management arm of this fast-growing company. Summit Financial Consultants, with its more than 30 years of serving clients, will amplify SageView's mission of delivering holistic financial planning at the intersection of retirement and wealth management. We look forward to working with the team."
Neil Elmouchi, founder, partner and CEO of Summit Financial Consultants, said, "SageView is the right partner for our firm, because its proven track record of growth and unique ability to bridge the gap between retirement and wealth management will give our team the platform to deliver even more for our clients and help them achieve their vision. We are excited to join forces with SageView, because they understand our culture of putting people first."
Cody Klein, partner and senior wealth advisor at Summit Financial Consultants, said, "Joining SageView will enhance the services of our own firm and expand our ability to help our clients, who rely on us for a holistic, personal approach to wealth management and financial planning. This is a very exciting time for us, and we have the utmost confidence joining SageView will take us to the next level of meaningful growth and success."
Jim Dario, who leads SageView's wealth management practice, said, "We are overjoyed to bring Neil, Cody, and their exceptionally talented team to SageView, where they will find a solid foundation on which to continue a relationship-based approach to retirement planning and wealth management for their clients. SageView has always supported advisors who take a holistic approach to planning for the future, and we look forward to welcoming Summit Financial Consultants into the SageView family."
SkyView served as exclusive financial advisor to Summit. The transaction is expected to close on July 31, 2022.
About SageView Advisory Group
SageView Advisory Group is an SEC-Registered Investment Advisory firm (RIA) serving retirement plan sponsors and individuals throughout the United States since 1989. SageView advises on 401(k), 403(b), 457, defined benefit and deferred compensation plans, and provides comprehensive wealth management services to individuals and families. SageView is headquartered in Newport Beach, California, and has more than 30 offices nationwide.
SageView Advisory Group, LLC is a Registered Investment Advisor. Advisory services are only offered to clients or prospective clients where SageView Advisory Group, LLC and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future results. No advice may be rendered by SageView Advisory Group, LLC unless a client service agreement is in place.
For more information about SageView, visit www.sageviewadvisory.com or call (800) 814-8742.
Contact: Julie Katsnelson
800.814.8742 |marketing@sageviewadvisory.com
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SOURCE SageView Advisory Group | https://www.kxii.com/prnewswire/2022/06/21/sageview-advisory-group-agrees-acquire-321-million-los-angeles-based-wealth-management-firm/ | 2022-06-21T10:53:45Z |
NEW YORK, June 29 2022 /PRNewswire/ -- WebMD Health Corp., an Internet Brands company and a leader in health information services for consumers, physicians and other healthcare professionals, today announced it has acquired Mercury Healthcare, the technology and data analytics company.
Mercury Healthcare uses data and insights to help healthcare organizations build enduring relationships with patients. Mercury's impressive suite of solutions provides health systems the ability to analyze, target and precisely communicate to the right patient with the right message all while empowering their clients with transparency, performance data and demonstrable ROI.
Mercury Healthcare will join WebMD Provider, WebMD's market leading consumer/physician engagement and clinical education business.
"The addition of Mercury Healthcare accelerates our mission to inform every decision point along the patient's journey, from Discovery to Recovery," said Ann Bilyew, Internet Brands Senior Vice President, Health and Group General Manager, WebMD Provider Services. "Mercury is a major investment in our continuing strategy to empower clients with the best data, content, technology and services designed to revolutionize how health systems and payors engage their patients and members."
The combination of WebMD and Mercury Healthcare will transform patient experience where the patient is at the center and clinicians, care managers and customers benefit from more efficient and effective communication with patients and caregivers.
"The merging of these two industry leaders will empower every health system with the solutions needed to ensure each and every patient receives the care they need when and how they need it," said Bilyew.
"Mercury Healthcare is our trusted strategic marketing partner that not only helps us engage patients more effectively, they help us prove the value of our marketing investments," said Val Lopez, Assistant Vice President, Digital and Marketing Technology, Baptist Health South Florida. "We're excited that Mercury Healthcare joined WebMD. We see a clear opportunity in combining rich data sets, improving engagement and increasing personalization within our marketing programs."
Terms of the acquisition were not disclosed.
Mercury Healthcare is a technology and data analytics company that empowers healthcare organizations to engage consumers and optimize provider relationships to accelerate growth. Customers benefit from 30 years' experience applying data analytics to drive intelligent engagement and enable personalized healthcare journeys. Mercury Healthcare helps healthcare organizations create seamless consumer experiences and improve outcomes to build healthier communities. For more information, please visit mercuryhealthcare.com.
WebMD, an Internet Brands company, is at the heart of the digital health revolution that is transforming the healthcare experience for consumers, patients, healthcare professionals, employers, health plans and health systems. Through public and private online portals, mobile platforms, and health-focused publications, WebMD delivers leading-edge content and digital services that enable and improve decision-making, support and motivate health actions, streamline and simplify the healthcare journey, and improve patient care.
The WebMD Health Network includes WebMD Health, Medscape, Jobson Healthcare Information, MediQuality, Frontline, Vitals Consumer Services, Aptus Health, Krames, PulsePoint, The Wellness Network, MedicineNet, eMedicineHealth, RxList, OnHealth, Medscape Education, and other owned WebMD sites. WebMD®, Medscape®, CME Circle®, Medpulse®, eMedicine®, MedicineNet®, theheart.org® and RxList® are among the trademarks of WebMD Health Corp. or its subsidiaries.
Headquartered in El Segundo, Calif, Internet Brands® is a fully integrated online media and software services organization focused on four high-value vertical categories: Health, Automotive, Legal, and Home/Travel. The company's award-winning consumer websites lead their categories and serve more than 250 million monthly visitors, while a full range of web presence offerings has established deep, long-term relationships with SMB and enterprise clients. Internet Brands' powerful, proprietary operating platform provides the flexibility and scalability to fuel the company's continued growth. Internet Brands is a portfolio company of KKR and Temasek. For more information, please visit www.internetbrands.com.
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SOURCE WebMD Health Corp. | https://www.wibw.com/prnewswire/2022/06/29/webmd-health-corp-acquires-mercury-healthcare-building-leadership-patient-engagement-solutions/ | 2022-06-29T15:14:24Z |
Your favorite brands have found a new home!
IRVINE, Calif., April 1, 2022 /PRNewswire/ - Bandai America Incorporated and Bandai Namco Collectibles LLC , two companies that have become synonymous with top-quality model kits, collectible figures, digital pets, playsets and more, are continuing to bring Fun For All into the Future with their latest merger. As leaders in the industry, BAI and BNC are combining forces to become Bandai Namco Toys & Collectibles America Inc.
Bandai America Incorporated is an established leader in developing engaging, quality toys that capture children's imaginative spirit as a manufacturer and master licensee of some of the most popular brands today. Bandai Namco Collectibles LLC is a leading distributor of high-quality, officially-licensed collectible, and hobby products from Asia. Both companies have always worked cohesively together, but the companies will now merge in a symbiotic way like never before.
"This company merger marks only the start of an exciting future for Bandai Namco Toys & Collectibles America as we continue to produce both existing and new products fans are hungry for," said Shu Takahara, COO of Bandai Namco Toys & Collectibles America Inc. "Joining forces will only make us more powerful as each company has unique strengths that will only accelerate with this union."
"We're incredibly excited for this merger," said Bandai Namco Toys & Collectibles America Inc. CEO Steve Fujimura. "Working together will give us an opportunity to not only expand the breadth of products we can offer to our fans and consumers alike, but also tap into new audiences as well."
Today marks the official start of the Bandai Namco Toys & Collectibles America Inc. merger, and the company is gearing up for a prolific new year, working together in unison to expand on their already well-received line of premium products and toys. To learn more, please visit www.bandai.com to see the beginning of the fun future Bandai Namco Toys & Collectibles America Inc. has in store.
Bandai Namco Toys & Collectibles America Inc. exists to share dreams, fun and inspiration with people around the world. Connecting people and societies in the enjoyment of uniquely entertaining products and services, we're working to create a brighter future for everyone. A leader in developing engaging, quality toys that capture children's and collector's imaginative spirit and provide endless "Fun For All into the Future," Bandai Namco Toys & Collectibles America Inc. is the manufacturer and master toy licensee of some of the most popular brands in children's toys, pop culture figures and interactive entertainment today. The Bandai Namco Toys & Collectibles America Inc. brand family includes PAC-MAN®, Gundam, Dragon Ball®, Vital Hero, Anime Heroes™, Bandai Hobby Model Kits, Tamashii Nations, DIGIMON® and Tamagotchi®, among other toys and hobby product lines. The company is headquartered in Irvine, California. Find out more about our expertise in connecting with kids in fun and fresh ways at www.bandai.com.
All other trademarks are the property of their respective owners.
Bandai logo: TM & © 2022 Bandai Namco
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SOURCE Bandai Namco Toys & Collectibles America Inc. | https://www.mysuncoast.com/prnewswire/2022/04/01/bandai-america-inc-amp-bandai-namco-collectibles-llc-are-evolving-with-new-company-merger/ | 2022-04-01T13:53:08Z |
DALLAS (KDAF) — There is nothing better than a night out watching a Cowboys game with a group of friends. Despite this, going out to a bad sports bar can either make or break your experience.
So in the spirit of making sure you have the best social sports viewing experience, we are bringing you the best sports bars in Dallas, according to Visit Dallas.
Here is their list:
- The Rustic
- The Owner’s Box
- Nodding Donkey
- Uncle Uber’s
- Stan’s Blue Note
- Press Box Grill
- Frankie’s Downtown
- Cedar Springs Tap House
- Henderson Tap House
- Bryan Street Tavern
For more information, click here. | https://cw33.com/news/local/football-season-is-back-new-report-says-these-are-the-best-sports-bars-in-dallas/ | 2022-08-23T17:22:34Z |
- Sales Increased 21% to $803 Million, GAAP EPS Rose 26% to $2.16 and Adjusted EPS Rose 33% to $2.31
- EBIT and EBITDA Margins of 21% and 24%, Respectively; Net Debt Leverage Ratio of 0.7x
- Enters Definitive Agreements to Purchase Simms Fishing and Fox Racing Expanding Iconic Brand Portfolio
- Updates FY23 Guidance to Reflect Continued Growth and Profitability Expansion
- Expects FY23 Sales of $3.3 Billion, up 7% at Midpoint, 20% EBIT Margin, and 21% EBITDA Margin
- Capital Allocation Strategy Shifts to Using Strong Free Cash Flow for Debt Repayment
ANOKA, Minn., July 27, 2022 /PRNewswire/ -- Vista Outdoor Inc. (NYSE: VSTO), the parent company of 39 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, today reported financial results for the first quarter of Fiscal Year 2023 (FY23), which ended on June 26, 2022.
"There is no doubt that companies are operating in a tough environment with rising inflation and supply chain challenges," said Chris Metz, Chief Executive Officer. "Despite that, we posted a great first quarter and we've taken these impacts into account in our fiscal year guidance. We have built a nimble culture and have empowered our brands to make the best decisions for their businesses and consumers. We have also maintained an optimized and lean cost structure to allow us to succeed in a variety of economic and operational environments and have action plans to further control costs if necessary. Our strong first quarter results reflect these collective efforts, continued strength in outdoor participation levels, and our financial discipline in making the most optimal investments to drive long-term growth and unlock shareholder value.
"I am very proud of the work our teams have accomplished in the first quarter and equally excited to welcome Simms Fishing and Fox Racing, both strategic acquisitions and iconic brands that are highly complementary to our Outdoor Products portfolio. I am also confident in our future as we prepare to separate our Sporting Products and Outdoor Products segments into two independent, publicly-traded companies. Following the separation, each company will have size, scale, leading brands and a capital structure that will allow it to be successful and further unlock shareholder value. Upon the successful close of the Fox and Simms acquisitions, our Outdoor Products business will be one of the largest companies in the outdoor products space in terms of annual sales, housing nine power brands with more than $100 million in annual sales each. Equally as exciting is our Sporting Products business, which just posted another record sales quarter. Sporting Products' continued success is demonstrating that new participants in shooting sports have created a new, elevated base of demand that will allow that business to generate solid cash flow and returns for its shareholders for years to come. Our future is bright, our business fundamentals remain strong, and we have highly talented teams to effectively navigate through the current environment," concluded Metz.
For the three months ended June 26, 2022 versus the three months ended June 27, 2021:
- Sales increased 21 percent to $803 million driven by strong double-digit growth in Sporting Products, partially offset by a 2 percent decline in Outdoor Products primarily driven by Outdoor Accessories.
- Gross profit rose 22 percent to $293 million and gross profit margin improved by 15 basis points to 37 percent.
- Operating expenses were $121 million, up nearly 24 percent, primarily driven by acquisitions.
- Earnings before interest and taxes (EBIT) increased 20 percent to $172 million. Adjusted EBIT rose 26 percent to $183 million. Adjusted EBIT margins increased 87 basis points to 23 percent.
- Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 20% to $192 million. Adjusted EBITDA rose 25 percent to $203 million. Adjusted EBITDA margins increased 83 basis points to 25 percent.
- Fully Diluted Earnings per Share (EPS) was $2.16, up 26 percent, compared with $1.71. Adjusted EPS was $2.31, up 33 percent, compared with $1.74.
- Cash flow provided by operating activities was $108 million, compared with $29 million. Free cash flow generation was $108 million, compared with $36 million, driven primarily by higher net income and improved working capital.
For the three months ended June 26, 2022 segment results versus the three months ended June 27, 2021:
Sporting Products
- Sales rose 40 percent to $511 million, driven by strong growth across all calibers. Volume was the largest contributor to growth and pricing to a much lesser extent.
- Gross profit increased 35 percent to $201 million. Margin expansion was driven by higher volume, improved mix and higher pricing, partially offset by higher commodity and freight costs.
- EBIT increased 41 percent to $176 million driven by higher gross profit and selling, general and administrative expense leverage.
- Earnings before interest, taxes, depreciation and amortization (EBITDA) increased 39 percent to $182 million. EBITDA margins decreased 28 basis points to 36 percent.
Outdoor Products
- Sales decreased 2 percent to $292 million primarily driven by Outdoor Accessories which was partially offset by growth in Outdoor Recreation. The prior year period reflected benefits from stimulus checks, a lower inflationary environment and higher-than-average sell-in to replenish low channel inventory and meet elevated demand.
- Gross profit remained flat at $93 million, primarily due to lower Outdoor Accessories sales and higher transportation and freight costs, offset by the addition of accretive acquisitions.
- EBIT decreased 36 percent to $28 million primarily driven by lower sales and higher selling, general and administrative expenses from the addition of acquisitions.
- Earnings before interest, taxes, depreciation and amortization (EBITDA) decreased 24 percent to $39 million. EBITDA margins decreased 381 basis points to 14 percent.
Please see the tables in the press release for a reconciliation of non-GAAP operating expense, EBIT, EBITDA, taxes, net income, earnings per share, free cash flow and EBITDA margins to the comparable GAAP measures.
Share Repurchases
As of June 26, 2022, the Company had repurchased 362,203 shares for a total of approximately $14 million as part of the $200 million share repurchase program approved by the Board of Directors and announced on January 31, 2022. The former $100 million share repurchase program was completed in fiscal year 2022.
Outlook for Fiscal Year 2023
"We posted a strong first quarter with total and organic sales growth and expanding profitability. We also saw stronger operating leverage during our first quarter as compared to the prior year period and sequentially from fourth quarter fiscal year 2022. However, we are mindful of the current macroeconomic landscape and being prudent about our cost structure and capital allocation strategy," said Sudhanshu Priyadarshi, Chief Financial Officer of Vista Outdoor. "Our net debt leverage ratio at the end of the first quarter was well below our targeted ratio of one to two times. Following our recent acquisitions, we expect to be well within that targeted range at approximately 1.6 times. With strong free cash flow, our capital allocation strategy now shifts to focus on debt repayment and opportunistic share repurchases before we spin-off the Outdoor Products segment. We are tracking ahead of pace to complete the spin-off in calendar year 2023 and excited about the future of both segments as we seek to further unlock shareholder value."
Vista Outdoor is updating its outlook for Fiscal Year 2023 to reflect current visibility into the global macroeconomic environment. This guidance, which also assumes Fox Racing and Simms Fishing close by the end of the second quarter, is as follows:
- Sales in the range of $3.200 billion to $3.325 billion, up 7 percent at the midpoint
- Adjusted EBITDA margin in the range of 21.0 percent to 21.5 percent
- Earnings per share (EPS) in the range of $6.90 to $7.50 and adjusted earnings per share (EPS) in the range of $7.05 to $7.65
- Free cash flow in the range of $310 million to $360 million
- Effective and adjusted tax rate of approximately 24 percent
- Interest expense in the range of $50 million to $55 million
- Capital expenditures as a percent of sales to be approximately one percent to two percent
- R&D expenditure growth in the range of 35 percent to 40 percent
Earnings Conference Call Webcast Information
Vista Outdoor will hold an investor conference call to discuss its first quarter FY23 financial results and outlook on July 28, 2022, at 9:00 a.m. ET. The conference call will be accessible through live webcast. Interested investors and other individuals can access the webcast and view and/or download the earnings press release, including a reconciliation of non-GAAP financial measures, and the related earnings release presentation slides, which will also include detailed segment information, via Vista Outdoor's website (www.vistaoutdoor.com). Choose "Investors" then "Events and Presentations". For those who cannot participate in the live webcast, a telephone recording of the conference call will be available until August 25, 2022. The telephone number is 866-813-9403, and the confirmation code is 313702.
Reconciliation of Non-GAAP Financial Measures
In addition to the results prepared in accordance with GAAP, we are providing the information below on a non-GAAP basis, including, adjusted gross profit, adjusted operating expenses, adjusted earnings before interest and tax (EBIT), adjusted taxes, adjusted net income, and adjusted fully diluted earnings per share (EPS). Vista Outdoor defines these measures as, gross profit, operating expenses, EBIT, taxes, net income, and EPS excluding, where applicable, the impact of costs incurred for transaction costs, contingent consideration, transition costs, post-acquisition compensation, planned separation costs, and inventory step-up. Vista Outdoor management is presenting these measures so a reader may compare gross profit, operating expenses, EBIT, taxes, net income, and EPS excluding these items, as the measures provide investors with an important perspective on the operating results of the Company. Vista Outdoor management uses this measurement internally to assess business performance, and Vista Outdoor's definition may differ from those used by other companies.
Three months ended June 26, 2022
During the three months ended June 26, 2022, we incurred transaction costs associated with possible and actual transactions, including advisory and legal fees. Given the nature of transaction costs, and differences in these amounts from one transaction to another, the company believes these costs are not indicative of ongoing operations of the company. A portion of the transaction costs are not deductible for tax and we applied a 0 percent blended tax rate and the portion that is deductible we applied a blended tax rate of 25 percent.
During the three months ended June 26, 2022, we recognized non-cash expenses for the change in the estimated fair value of the contingent consideration payable related to our HEVI-Shot acquisitions. Given the infrequent and unique nature of these acquisitions, the company believes these costs are not indicative of ongoing operations. The tax effect of the contingent consideration costs that are deductible for tax was calculated based on a blended tax rate of approximately 25 percent.
During the three months ended June 26, 2022, we incurred transition costs for our Foresight, Fiber Energy, Stone Glacier, Remington, and QuietKat businesses to integrate into the company such as retention, professional fees and travel costs. Given the infrequent and unique nature of these acquisitions, the company believes these costs are not indicative of ongoing operations. The tax effect of the transition costs that are deductible for tax was calculated based on a blended tax rate of approximately 25 percent.
During the three months ended June 26, 2022, we incurred post-acquisition compensation expense related to employee retention payments in connection with the Foresight, Stone Glacier, and QuietKat acquisitions. Given the infrequent and unique nature of these acquisitions, we believe these costs are not indicative of ongoing operations. A portion of the post-acquisition compensation expenses are not deductible for tax, to which we applied a 0 percent blended tax rate. We applied a blended tax rate of 25 percent to the portion that is deductible.
On May 5, 2022, we announced that our Board of Directors has unanimously approved preparations for the separation of our Outdoor Products and Sporting Products reportable segments into two independent, publicly-traded companies. During the three months ended June 26, 2022, we incurred costs associated with the planned separation, including advisory and legal fees. Given the nature of transaction costs, and differences in these amounts from one transaction to another, the company believes these costs are not indicative of ongoing operations of the company. We applied a blended tax rate of 25 percent.
As noted above, our reported tax expense of $(40,100) results in a tax rate of 24.1 percent and our adjusted tax expense of $(42,390) results in an adjusted tax rate of 24.0 percent.
Three months ended June 27, 2021
During the three months ended June 27, 2021, we incurred cost of goods sold related to the fair value step-up in inventory allocated from the HEVI-Shot acquisition purchase price. Given the infrequent and unique nature of this acquisition, the company believes these costs are not indicative of ongoing operations. The tax effect of the amortization expense that is deductible for tax was calculated based on a blended statutory rate of approximately 25 percent.
During the three months ended June 27, 2021, we incurred transaction costs associated with possible and actual transactions, including advisory and legal fees. Given the nature of transaction costs, and differences in these amounts from one transaction to another, the company believes these costs are not indicative of ongoing operations of the company. A portion of the transaction costs are not deductible for tax and we applied a 0 percent blended tax rate and the portion that is deductible we applied a blended tax rate of 25 percent.
During the three months ended June 27, 2021, we incurred transition costs for the Remington, HEVI-Shot, QuietKat and Venor business to integrate the business into the company such as severance, retention, professional fees and travel costs. Given the infrequent and unique nature of this acquisition, the company believes these costs are not indicative of ongoing operations. The tax effect of the transition costs that are deductible for tax was calculated based on a blended statutory rate of approximately 25 percent.
During the three months ended June 27, 2021, we incurred post-acquisition compensation expense related to the QuietKat acquisition. Given the infrequent and unique nature of this acquisition, the company believes these costs are not indicative of ongoing operations. The post-acquisition compensation is not deductible for tax, therefore this was calculated based on a statutory rate of 0 percent.
As noted above, our reported tax expense of $(35,253) results in a tax rate of 25.5 percent and our adjusted tax expense of $(35,435) results in an adjusted tax rate of 25.3 percent.
Free Cash Flow
Free cash flow is defined as cash provided by operating activities less capital expenditures, and excluding the following costs which have been adjusted for applicable tax amounts: inventory step-up, transaction and transition costs paid to date, contingent consideration, post-acquisition compensation, and planned separation costs. Vista Outdoor management believes free cash flow provides investors with an important perspective on the cash available for debt repayment, share repurchases and acquisitions after making the capital investments required to support ongoing business operations. Vista Outdoor management uses free cash flow internally to assess both business performance and overall liquidity.
Adjusted Earnings Per Share - Guidance Reconciliation Table
The projected adjusted earnings per share (EPS), excluding the impact of costs incurred to date for inventory step-up expense, transaction costs, contingent consideration, transition costs, post-acquisition compensation, and planned separation costs is a non-GAAP financial measure that Vista Outdoor defines as EPS excluding the impact of these items. Vista Outdoor management is presenting this measure so a reader may compare EPS, excluding these items, as this measure provides investors with an important perspective on the operating results of the company. Vista Outdoor management uses this measurement internally to assess business performance, and Vista Outdoor's definition may differ from those used by other companies.
EBITDA Non-GAAP Reconciliation Tables
EBITDA margin is defined as EBITDA (earnings before interest, taxation, depreciation and amortization) divided by net sales. Vista Outdoor management believes EBITDA margin provides investors with an important perspective on the Company's core profitability and helps investors analyze underlying trends in the Company's business and evaluate its performance on an absolute basis and relative to its peers. EBITDA margin should be considered in addition to, and not as a substitute for, GAAP net profit margin. Vista Outdoor's definition may differ from that used by other companies. Adjusted EBITDA is defined as EBITDA excluding the non-recurring and non-cash items referenced above.
Adjusted EBITDA Margins
Vista Outdoor has not reconciled adjusted EBITDA margin guidance to GAAP net profit margin guidance because Vista Outdoor does not provide guidance for net income, which is a reconciling item between GAAP net profit margin and non-GAAP EBITDA margin. Accordingly, a reconciliation to net profit margin is not available without unreasonable effort.
About Vista Outdoor Inc.
Vista Outdoor is a global designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The Company has a portfolio of well-recognized brands that provides consumers with a wide range of performance-driven, high-quality and innovative products for individual outdoor recreational pursuits. Vista Outdoor products are sold at leading retailers and distributors across North America and worldwide. For news and information, visit www.vistaoutdoor.com or follow us on Twitter @VistaOutdoorInc and Facebook at www.facebook.com/vistaoutdoor.
Forward-Looking Statements
Some of the statements made and information contained in this report, excluding historical information, are "forward-looking statements," including those that discuss, among other things: our plans, objectives, expectations, intentions, strategies, goals, outlook or other non-historical matters; projections with respect to future revenues, income, earnings per share or other financial measures for Vista Outdoor; and the assumptions that underlie these matters. The words "believe," "expect," "anticipate," "intend," "aim," "should" and similar expressions are intended to identify such forward-looking statements. To the extent that any such information is forward-looking, it is intended to fit within the safe harbor for forward-looking information provided by the Private Securities Litigation Reform Act of 1995. Numerous risks, uncertainties and other factors could cause our actual results to differ materially from the expectations described in such forward-looking statements, including the following: supplier capacity constraints, production or shipping disruptions or quality or price issues affecting our operating costs; the supply, availability and costs of raw materials and components; increases in commodity, energy, and production costs; seasonality and weather conditions; our ability to complete acquisitions, realize expected benefits from acquisitions and integrate acquired businesses; reductions in or unexpected changes in or our inability to accurately forecast demand for ammunition, accessories, or other outdoor sports and recreation products; disruption in the service or significant increase in the cost of our primary delivery and shipping services for our products and components or a significant disruption at shipping ports; risks associated with diversification into new international and commercial markets, including regulatory compliance; our ability to take advantage of growth opportunities in international and commercial markets; our ability to obtain and maintain licenses to third-party technology; our ability to attract and retain key personnel; disruptions caused by catastrophic events; risks associated with our sales to significant retail customers, including unexpected cancellations, delays, and other changes to purchase orders; our competitive environment; our ability to adapt our products to changes in technology, the marketplace and customer preferences, including our ability to respond to shifting preferences of the end consumer from brick and mortar retail to online retail; our ability to maintain and enhance brand recognition and reputation; others' use of social media to disseminate negative commentary about us, our products, and boycotts; the outcome of contingencies, including with respect to litigation and other proceedings relating to intellectual property, product liability, warranty liability, personal injury, and environmental remediation; our ability to comply with extensive federal, state and international laws, rules and regulations; changes in laws, rules and regulations relating to our business, such as federal and state ammunition regulations; risks associated with cybersecurity and other industrial and physical security threats; interest rate risk; changes in the current tariff structures; changes in tax rules or pronouncements; capital market volatility and the availability of financing; foreign currency exchange rates and fluctuations in those rates; general economic and business conditions in the United States and our markets outside the United States, including the war in Ukraine and the imposition of sanctions on Russia, conditions affecting employment levels, consumer confidence and spending, conditions in the retail environment, and other economic conditions affecting demand for our products and the financial health of our customers; and risks related to our Planned Separation. You are cautioned not to place undue reliance on any forward-looking statements we make. A more detailed description of risk factors that may affect our operating results can be found in Part 1, Item 1A, Risk Factors, of our Annual Report on Form 10-K for fiscal year 2022 and in the filings we make with Securities and Exchange Commission (the "SEC") from time to time. We undertake no obligation to update any forward-looking statements, except as otherwise required by law.
View original content to download multimedia:
SOURCE Vista Outdoor Inc. | https://www.kxii.com/prnewswire/2022/07/27/vista-outdoor-reports-first-quarter-fy23-financial-results/ | 2022-07-27T21:51:42Z |
NEW YORK, July 15, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of IonQ, Inc. (NYSE: IONQ).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/ionq-inc-loss-submission-form/?id=29833&from=4
The lawsuit seeks to recover losses for shareholders who purchased IonQ between March 30, 2021 and May 2, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 1, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, IonQ, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) IonQ had not yet developed a 32-qubit quantum computer; (2) the Company's 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) IonQ's quantum the computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) a significant portion of IonQ's revenue was derived from improper roundtripping transactions with related parties; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were the materially misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/07/15/ionq-shareholder-alert-jakubowitz-law-reminds-ionq-shareholders-lead-plaintiff-deadline-august-1-2022/ | 2022-07-15T10:27:14Z |
LOS ANGELES, Aug. 9, 2022 /PRNewswire/ -- The California Community Foundation (CCF) announced today its second transformative gift from author, advocate and philanthropist MacKenzie Scott in the form of two single-family residences located in Beverly Hills jointly valued at approximately $55 million dollars. This discretionary gift will allocate 90% of sale proceeds to the Foundation's affordable housing grantmaking. The remaining funds will be allocated by CCF to support its immigrant integration program to advance opportunities for the millions of immigrants from throughout the world who call Los Angeles County home.
The cost of housing stands out as one of the most critical issues affecting the lives of millions of Los Angeles residents. A priority for Ms. Scott, the primary focus of the $55 million will be to permanently endow grantmaking efforts to benefit Angelenos in need of affordable housing. Since 2000, CCF has granted over $30 million to ensure Angelenos have safe and stable homes, together with the economic opportunities they need to thrive. CCF has also been an advocacy leader for increased affordable housing production, helping lead the passage of Proposition HHH, an initiative to add 10,000 new units in the City of Los Angeles by 2026. Los Angeles is poised to exceed its target by funding 10,510 units in 178 projects. Ms. Scott's gift will permanently support the expansion of these grantmaking efforts.
"We applaud and are grateful to MacKenzie Scott's extraordinary philanthropic investment in Los Angeles," said CCF President & CEO Antonia Hernández. "Her singular commitment -- here and across the country – to transformative philanthropy has already secured the long-term future of dozens of non-profits. With the California Community Foundation, her generosity will support organizations struggling to solve some of the most intractable issues facing our community. We are grateful for her partnership."
Today's gift follows an earlier, $20 million gift made to CCF in 2021 to establish the LA Arts Endowment Fund which will support diverse, small to mid-sized arts organizations that play a vital role in Los Angeles' creative economy.
MEDIA CONTACT:
Paula Valle Castañon at pvalle [@] calfund [.] org or 213.452.6233
The California Community Foundation (CCF) has served as a public, charitable organization for Los Angeles County since 1915. Its mission is to lead positive systemic change that strengthens Los Angeles communities. CCF stewards $2.5 billion in assets and manages 1,800 charitable foundations, funds and legacies. For more information, please visit calfund.org.
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SOURCE California Community Foundation | https://www.mysuncoast.com/prnewswire/2022/08/09/california-community-foundation-announces-55-million-gift-philanthropist-mackenzie-scott-support-housing-amp-immigration-grantmaking-efforts-los-angeles/ | 2022-08-09T19:42:04Z |
Gator attacks man in North Port
NORTH PORT, Fla. (WWSB) - A hotel guest in North Port was hospitalized after an alligator bit a chunk out of his leg early Tuesday, the Sarasota County Sheriff’s Office said.
Deputies say the man, was walking outside the Warm Mineral Springs Motel at about 12:30 a.m., when he noticed a dark figure moving along the bushes on the shell path.
The man later told deputies it looked like a dog with a long leash, so he did not feel the need to retreat.
The alligator then bit his right leg and held on. As the man tried to get away, the gator ripped a chunk of his muscle from his leg.
The victim found a deputy nearby responding to an unrelated call. The deputy alerted rescue personnel who took the victim to a nearby hospital with non-life-threatening injuries.
Another deputy responding to the incident was able to capture the alligator while an alligator trapper was en route. The trapper removed the gator from the area.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/07/gator-attacks-man-north-port/ | 2022-06-07T21:26:20Z |
DALLAS (KDAF) — There’s no second-guessing or questioning needed it’s been a hot summer in North Texas and the heat is continuing into August, but when will some cooler temperatures be in the forecast?
NWS Fort Worth says, “Climatologically speaking, it gets cooler from here!” Basically, the average temp peak for the region takes place in early August, so, NTX could be on the downward slope toward cooler weather.
“The average temperature peaks in early August. We are on the downward slope toward cooler weather! The average last 100-degree day is in late August. The first cold front that brings temperatures in the 50s arrives in mid September. The average first dip into the 30s is in early November, with the first freeze typically coming around Thanksgiving.”
While that’s all fine and dandy, it’s also no secret NTX is in need of some rain as NWS Fort Worth says, “DFW Airport hasn’t recorded measurable rainfall since June 3. The current dry spell is the 2nd longest on record.” | https://cw33.com/news/local/cooler-temperatures-are-on-the-way-for-north-texas-climatologically-speaking-nws-fort-worth-says/ | 2022-08-09T21:56:52Z |
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