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SALEM, N.H., May 5, 2022 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) today announced that its Board of Directors has authorized a new share repurchase program of up to $100 million of the Company's outstanding common stock. The new program will take effect on May 10, 2022. The Company's prior $100 million share repurchase program began in 2016 and had $0.6 million remaining on it at the end of third quarter fiscal 2022.
David Dunbar, President and Chief Executive Officer stated, "We are very pleased to announce Standex's new share repurchase authorization. Our portfolio of high-quality businesses continues to drive a growing number of exciting new business opportunities, reinforcing the significant opportunity to further enhance shareholder value. The Company's strong balance sheet and consistent cash flow generation position us well to execute on this program. Our approach to capital allocation remains disciplined and balanced."
Under the new share repurchase program, purchases may be made from time to time on the open market, including through 10b5-1 trading plans, or through privately negotiated transactions, block transactions, or other techniques in accordance with prevailing market conditions and the requirements of the Securities and Exchange Commission. The Board's authorization is open-ended and does not establish a timeframe for the purchases. The Company is not obligated to acquire a particular number of shares, and the program may be discontinued at any time at the Company's discretion.
About Standex
Standex International Corporation is a multi-industry manufacturer in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Brazil, Turkey, South Africa, India, and China. For additional information, visit the Company's website at http://standex.com/.
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SOURCE Standex International Corporation | https://www.kxii.com/prnewswire/2022/05/05/standex-announces-new-100-million-share-repurchase-authorization/ | 2022-05-05T21:00:10Z |
Grand Champion Mascarpone Hails from Lake County Dairy Schuman Cheese
MADISON, Wis., Sep. 6, 2022 /PRNewswire/ -- Competition after competition, Wisconsin Cheesemakers continue their winning streak taking top prize -- grand champion -- and 84 total awards at World Dairy Expo Championship Dairy Product Competition, August 25, 2022.
"Thanks to this state's great dairy heritage, and more than 180 years of cheesemaking, Wisconsin continually achieves high honors for dairy products showcasing traditional methods mixed with new innovations," says Suzanne Fanning Chief Marketing Officer for Wisconsin Cheese and Senior Vice President of Dairy Farmers of Wisconsin.
Key wins at the 2022 World Dairy Expo Dairy Product Competition include:
- Cheese and Butter Grand Champion goes to Cello Mascarpone created by Lake Country Dairy Schuman Cheese of Turtle Lake, Wisconsin.
- Wisconsin cheese and dairy companies win nearly 30% of all awards with 29 first place awards, 29 second place awards and 25 third place awards.
- 4 Wisconsin cheese and dairy companies -- Foremost Farms USA, Lake Country Dairy Schuman Cheese, Kemps LLC, Chocolate Shoppe Ice Cream Company-- win 6 or more awards, 8 companies win four or more awards, and 32 companies win one or more award.
First place Wisconsin Cheese winners include Alpinage Cheese LLC with washed rind, semi-hard alpine style raclette; Crave Brothers Farmstead with cheddar curds and marinated fresh mozzarella; Foremost Farms with smoked Provolone and salted butter; Kingston Creamery with smoked blue; LaClare Creamery with Chandoka; Lactalis with Feta; Lake Country Dairy Schuman Cheese with Cello Artisan Copper Kettle parmesan wheel, Cello smoky pepper fontina and Cello mascarpone; Land O Lakes with sharp cheddar; Masters Gallery Foods with shredded parmesan; Pine River Pre Pack with Swiss and Almond Cold Pack; Prairie Farms Dairy - White Hill Cheese with baby Swiss wheel; Ron's Wisconsin Cheese with mozzarella string; Saxon Creamery with Snowfields. To view a full listing of awards visit www.worlddairyexpo.com.
This year's contest received a record number 1,560 entries for cheese, butter, fluid milk, yogurt, cottage cheese, ice cream, sour cream, sherbet, cultured milk, sour cream dips, whipping cream, whey and other products from dairy processors throughout North America. On October 4, the contest's auction will be held at World Dairy Expo in Madison, at which time all category 1st place winners will be auctioned off with a portion of proceeds going to scholarships for students pursuing the dairy industry.
About Dairy Farmers of Wisconsin: Funded by Wisconsin dairy farmers, Dairy Farmers of Wisconsin is a non-profit organization that focuses on marketing and promoting Wisconsin's world-class dairy products. For more information, visit our website at wisconsindairy.org.
About Wisconsin Cheese: The tradition of cheesemaking excellence began more than 180 years ago, before Wisconsin was recognized as a state. Wisconsin's 1,200 cheesemakers, many of whom are third- and fourth-generation, continue to pass on old-world traditions while adopting modern innovations in cheesemaking craftsmanship. For more information, visit WisconsinCheese.com or connect on Facebook.
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SOURCE Dairy Farmers of Wisconsin | https://www.mysuncoast.com/prnewswire/2022/09/06/wisconsin-cheeses-continue-winning-streak-world-dairy-expo-dairy-product-competition/ | 2022-09-06T17:43:43Z |
Bishop Robert McElroy of San Diego, one of Pope Francis’ ideological allies who has often sparred with more conservative U.S. bishops, was named by the pope on Sunday as one of 21 new cardinals.
The San Diego diocese said McElroy will be installed by Pope Francis on August 27 at St. Peter’s Basilica in Rome.
Among his notable stances, McElroy, 68, has been one of a minority of U.S. bishops harshly criticizing the campaign to exclude Catholic politicians who support abortion rights from Communion.
“It will bring tremendously destructive consequences,” McElroy wrote in May 2021. “The Eucharist is being weaponized and deployed as a tool in political warfare. This must not happen.”
In selecting McElroy, Francis passed over the higher-ranking archbishop of San Francisco, Salvatore Cordileone. Earlier this month, Cordileone said he will no longer allow U.S. House Speaker Nancy Pelosi to receive Communion because of her support for abortion rights.
McElroy, in a statement, said he was “stunned and deeply surprised” by the news of his appointment.
“My prayer is that in this ministry I might be of additional service to the God who has graced me on so many levels in my life,” he said. “And I pray also that I can assist the Holy Father in his pastoral renewal of the Church.”
Cordileone issued a brief statement noting that McElroy is a native San Franciscan and offering congratulations on the appointment. The statement made no mention of the two clerics’ differences.
McElroy received a bachelor’s degree in history from Harvard in 1975 and a master’s in history from Stanford in 1976.
He studied at St. Patrick Seminary in Menlo Park, California, and in 1985 received a theology degree at the Jesuit School of Theology in Berkeley. He obtained a doctorate in moral theology at the Gregorian University in Rome the following year and a Ph.D in political science at Stanford in 1989.
He was ordained a priest in 1980 and assigned to the San Francisco diocese, where he served in a parish before becoming personal secretary to Archbishop John Quinn. Other California parish assignments included Redwood City and San Mateo.
He became an auxiliary bishop in San Francisco in 2010. In 2015, early in Francis’ pontificate, he was named bishop of San Diego.
Over recent years, McElroy has been among the relatively few U.S. bishops who questioned why the bishops’ conference insisted on identifying abortion as its “preeminent” priority. He has questioned why greater prominence was not given to issues such as racism, poverty, immigration and climate change.
“The death toll from abortion is more immediate, but the long-term death toll from unchecked climate change is larger and threatens the very future of humanity,” he said in a speech in 2020.
Last year, he was among a small group of bishops signing a statement expressing support for LGBT youth and denouncing the bullying often directed at them.
The bishops’ statement said LGBT youth attempt suicide at much higher rates, are often homeless because of families who reject them and “are the target of violent acts at alarming rates.”
“We take this opportunity to say to our LGBT friends, especially young people, that we stand with you and oppose any form of violence, bullying or harassment directed at you,” it read. “Most of all, know that God created you, God loves you and God is on your side.”
Francis DeBernardo, executive director of New Ways Ministry, which advocates for greater LGBTQ acceptance in the Catholic church, hailed McElroy’s appointment.
“He represents the kind of prelate our church needs, one who will stretch out a hand, not a fist, to the LGBTQ community,” DeBernardo said. “As an elector of future popes, McElroy can play a role in making sure that the next papacy will continue in the welcoming spirit of Pope Francis.”
The Diocese of San Diego runs the length of California’s border with Mexico and serves more than 1.3 million Catholics in San Diego and Imperial counties. It includes 98 parishes, 49 elementary and secondary schools, and, through Catholic Charities of the Diocese of San Diego, various social service and family support organizations throughout the region.
___
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://cw33.com/news/u-s-news/ap-us-headlines/san-diego-bishop-mcelroy-named-by-pope-francis-as-a-cardinal/ | 2022-05-29T19:11:29Z |
SLS Bahia Beach marks the fourth luxury tower from the lauded SLS brand in Cancun, joining the sold-out SLS Cancun Hotel & Residences, SLS Harbour Beach and SLS Marina Beach. Together the four skyscrapers will form Novo Cancun’s most exclusive residential community
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- Ennismore, the fastest-growing lifestyle hospitality company, today announced the launch of its latest residential project, SLS Bahia Beach Residences, due to open in the heart of Novo Cancun, Mexico. SLS Bahia Beach is the fourth tower in the growing complex located in Novo Cancun, a project led by designer Sofia Aspe Studio, and in partnership with Inmobilia and U-Calli, the leading developers in Southeast Mexico, as well the United States' preeminent luxury developer Related Group (Related).
SLS is part of Ennismore, the fastest-growing lifestyle hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. With seven properties in Beverly Hills, Miami, Bahamas, Cancun, Dubai, and Buenos Aires, SLS is set to open two additional properties in Scottsdale and Saudi Arabia by 2024. Ennismore comprises 14 brands - with 90 operating properties and a further 160 in the pipeline - and a collection of over 150 culturally relevant and diverse restaurants and nightlife destinations.
Chadi Farhat, Chief Operating Officer of SLS at Ennismore states, "Following the successful launch of SLS Cancun Hotel & Residences, we are excited to unveil yet another significant residential project in the Novo Cancun community with our longtime partner Jorge Pérez, and his talented team at Related. SLS Bahia Beach will offer a new way of living, blending sublime views with the unmatched style of SLS – elegance with a twist."
"Through our partnership with Ennismore, the Related team is yet again raising the bar for residential luxury in the Yucatan Peninsula," says Jorge Pérez, Related's Chairman and Chief Executive Officer. "This fourth tower continues our tradition of excellence across all facets of the project, from the world-class design and architecture, to the unmatched waterfront location to the on-site museum-quality art collection. We look forward to continuing to transform the community of Novo Cancun alongside Ennismore and our other partners."
The striking luxury residential tower will be set over 20 floors, accommodating 111 residential condominiums of 2 to 4 bedrooms, including 6 penthouses with their own private rooftops, generous spaces with 9-foot tall ceilings floor to ceiling e-value glass windows for energy saving, and glass walls that blend into the expansive views of the Caribbean.
With interiors by prominent Mexican interior designer, Sofia Aspe, a chic selection of finishes were chosen in the tower's common areas including the lobby, lounge, game rooms, restaurant, pool, bar and gym. A further highlight of the project is the extensive art collection in the common areas, under the curatorship of experts from Related Group. Each of the units will be complete with marble floors, Italian design kitchens, spacious walk-in closets and large terraces that can be accessed from the social areas and the bedrooms.
"Due to its beach location, we decided to use shades that reflect calm and serenity, blending into the surroundings" adds Sofia Aspe, Founder of Sofia Aspe Studio, on the design of the Residences. "These different shades were brought into the furniture, fabrics and key finishes, using various materials and colors such as green Guatemala marble, handmade ceramic mosaics, and natural fibers."
SLS Bahia Beach follows the successful launch of SLS Cancun Hotel & Residences, which provides residents with full access to the hotel's services including Leynia, Bungalow Beach Bar & Grill and Ciel Spa. Two further residential projects, SLS Harbour Beach and SLS Marina Beach, have since been launched.
Ennismore continues to partner with Related Group because they continue to facilitate radical change in the cities and neighborhoods they lead projects in, globally. Related Group's goal with every pursuit is the subsequent improvement of the quality of life, where architecture, urban planning, art and gastronomy lead the way to a unique, elegant and unsurpassable lifestyle.
On completion, SLS Bahia Beach will be the fourth luxury tower of the successful SLS brand in Cancun, along with SLS Harbour Beach and SLS Marina Beach towers, which will together form an exclusive community in Novo Cancun. Residents will not only benefit from superb and secure living but further have prime access to the surrounding luxury boutiques, marina, golf, and many other amenities.
For more information visit www.slsbahiaresidences.com
ABOUT ENNISMORE.
Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. It curates and manages unique properties and experiences in some of the most exciting destinations around the world.
Founded in 2011 by entrepreneur Sharan Pasricha, Ennismore and Accor entered a joint venture in 2021 to create a new autonomous entity, with Accor holding a majority shareholding. Creating the world's fastest-growing lifestyle hospitality company, it brings together Ennismore's know-how in building brands with creative storytelling, design, and authentic experiences, with Accor's wealth of knowledge in delivering scale, network growth and distribution.
Under the leadership of Sharan Pasricha, Founder & Co-CEO, and Gaurav Bhushan, Co-CEO, Ennismore comprises 14 brands - with 90 operating properties and further 160 in the pipeline - and a collection of over 150 culturally relevant and diverse restaurants and nightlife destinations.
Ennismore puts innovation at the center of everything it does, with four dedicated in-house specialist studios, which obsess every guest touchpoint including Carte Blanched – a fully integrated F&B concept platform; a creative studio of interior and graphic designers; a digital product and tech innovation lab, and a partnerships and collaborations unit.
Ennismore has been included in Fast Company's World's Most Innovative Companies lists in 2020 and 2021; ranked#29 in FT1000: Europe's Fastest-Growing Companies; and is part of FT Future 100 - the UK's fastest-growing businesses that are shaping the future of their sector.
The Ennismore brands: 21c Museum Hotel, 25hours Hotels, Delano, Gleneagles, Hyde, JO&JOE, Mama Shelter, Mondrian, Morgans Originals, SLS, SO/, The Hoxton, TRIBE and Working From_.
ennismore.com
About Related Group
Established in 1979, Related Group is Florida's leading developer of sophisticated metropolitan living and one of the country's largest real estate conglomerates. Since its inception more than 40 years ago, the company has built, rehabilitated, and managed over 100,000 condominium, rental, and commercial units. The firm is one of the largest privately owned businesses in the United States with a development portfolio worth more than $40 billion. Currently, Related Group has 90+ projects in varying phases of development.
The company has earned international status for its visionary designs and development of luxury condominiums, market-rate rentals, mixed-use centers, and affordable properties – all built with the goal of positively impacting neighborhoods and improving quality of life across all demographics. Related Group has redefined real estate by diversifying both its products and buyers, expanding internationally while also sponsoring public art installations that enhance cities' global culture and streetscapes. For more information, please visit relatedgroup.com.
Press Contacts:
Cara Chapman / Emily Venugopal / Jennifer Isicoff: ennismore@bacchus.agency
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SOURCE Ennismore | https://www.kxii.com/prnewswire/2022/08/08/ennismore-partners-with-related-group-launch-sls-bahia-beach-newest-residences-be-developed-novo-cancun-mexico/ | 2022-08-08T14:08:33Z |
NASHVILLE, Tenn., June 8, 2022 /PRNewswire/ -- Leading tech repair provider Asurion Tech Repair & Solutions™ is bringing professional phone repair and other services to 38 military installations across the U.S.
Asurion Tech Repair & Solutions will open retail stores within Army & Air Force Exchange Service shopping centers at eight installations, including Forts Carson, Hood, Lewis, Stewart and Riley and McChord, Dover and Travis Air Force Bases. Asurion Tech Repair & Solutions stores offer professional tech fixes and support for almost anything with a power button, from smartphones, tablets and computers to game consoles, smart speakers, drones and more. Forts Carson and Hood were the first to welcome Asurion Tech Repair & Solutions stores on June 6, with the others to follow throughout the summer.
In addition to the eight physical stores, Asurion Tech Repair & Solutions has launched phone repair services on 30 military installations via mobile repair vehicles. Customers can book a mobile repair appointment, often as soon as the same day, and an expert will meet them at any location convenient to them to complete their repair on the installation. Eligible mobile repair services include smartphone screen repairs and battery replacements for most phone models. The mobile repair services launched across all 30 installations on June 6.
"We all rely on technology to keep us connected, none more than military families," said Asurion Tech Repair & Solutions CEO Dave Barbuto. "I come from an Army family myself and served as an infantry officer for eight years, so I know firsthand what a lifeline technology can be – whether you're on base here in the states or deployed overseas. At Asurion Tech Repair & Solutions, we're excited to make life just a little easier for those stationed, living and working on base, with expert tech help available where and when they need it. We make sure your tech is working, so you never have to be disconnected from the things that matter most to you."
Beyond on-base services, Asurion Tech Repair & Solutions and uBreakiFix® by Asurion[1] stores nationwide[2] offer 10% off repair services year-round for current and former military service members.
Across the U.S., there are more than 730 Asurion Tech Repair & Solutions and uBreakiFix by Asurion locations. While common repairs include cracked screens, battery issues and water damage, the stores' repair experts have fixed more than 14 million devices, and they can help with most any tech challenges, including software updates, virus removal, data recovery, device protection and more.
The stores fix all types of electronics, regardless of make or model, and provide authorized repair services for select devices, including Samsung Galaxy® and Google Pixel™ smartphones. All Asurion Tech Repair & Solutions and uBreakiFix by Asurion stores offer free, no-obligation diagnostics on all gadgets, as well as a low-price guarantee and a one-year warranty on all repairs. Many basic repairs are completed in two hours or less.
For a full list of on-base locations and services, visit www.asurion.com/repairs/tech/military/. To find an Asurion Tech Repair & Solutions or uBreakiFix by Asurion store near you, visit www.asuriontechrepair.com.
About Asurion Tech Repair & Solutions™
Asurion Tech Repair & Solutions™, formerly known as uBreakiFix®, is the retail brand operated and franchised by a subsidiary of tech care company Asurion®. As the world's leading tech care company, Asurion eliminates the fears and frustrations associated with technology to ensure its 300 million customers get the most out of their devices, appliances and connections. Asurion Tech Repair & Solutions stores specialize in the repair of consumer technology, including smartphones, game consoles, tablets, computers and nearly everything in between. Asurion Tech Repair & Solutions repair experts fix cracked screens, software issues, camera issues and most other tech mishaps at more than 730 stores across the U.S. The stores provide fast, affordable fixes for nearly any device type, regardless of make or model, including authorized repairs for Google Pixel™ and Samsung Galaxy® smartphones.
[1] All U.S. uBreakiFix by Asurion stores are currently rebranding to Asurion Tech Repair & Solutions stores.
[2] Discount available at participating locations.
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SOURCE Asurion Tech Repair & Solutions | https://www.mysuncoast.com/prnewswire/2022/06/08/asurion-tech-repair-amp-solutions-brings-phone-fixes-more-38-military-installations/ | 2022-06-08T13:43:54Z |
FOSTER CITY, Calif., May 5, 2022 /PRNewswire/ -- Arcellx, Inc. (NASDAQ: ACLX), a biotechnology company reimagining cell therapy through the development of innovative immunotherapies for patients with cancer and other incurable diseases, today announced that management will participate in a fireside chat at the BofA Securities 2022 Healthcare Conference on Wednesday, May 11, 2022, at 5:00 p.m. E.T.
A live webcast of the discussion will be accessible from Arcellx's website at www.arcellx.com in the Investor section. A replay of the webcast will be archived and available for 30 days following the event.
About Arcellx, Inc.
Arcellx, Inc. is a clinical-stage biotechnology company reimagining cell therapy by engineering innovative immunotherapies for patients with cancer and other incurable diseases. Arcellx believes that cell therapies are one of the forward pillars of medicine and Arcellx's mission is to advance humanity by developing cell therapies that are safer, more effective, and more broadly accessible. Arcellx's lead product candidate, CART-ddBCMA, is being developed for the treatment of relapsed or refractory multiple myeloma (r/r MM) in an ongoing Phase 1 study. CART-ddBCMA has been granted Fast Track, Orphan Drug, and Regenerative Medicine Advanced Therapy designations by the U.S. Food and Drug Administration.
Arcellx is also advancing its dosable and controllable CAR-T therapy, ARC-SparX, into the clinic through two programs: ACLX-001 in r/r MM and ACLX-002 in relapsed or refractory acute myeloid leukemia and high-risk myelodysplastic syndrome. Visit www.arcellx.com for more information.
Forward-looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this press release that are not purely historical are forward-looking statements, including Arcellx's expectations regarding the timing of clinical trials for its product candidates. The forward-looking statements contained herein are based upon Arcellx's current expectations and involve assumptions that may never materialize or may prove to be incorrect. These forward-looking statements are neither promises nor guarantees and are subject to a variety of risks and uncertainties, including those set forth in Part I, Item 1A (Risk Factors) of Arcellx's Annual Report on Form 10-K and in other reports, including Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, that Arcellx may file from time to time with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this press release, and Arcellx assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Investor Contact:
Myesha Lacy
Arcellx, Inc.
ir@arcellx.com
510-418-2412
Media Contact
Andrea Cohen
Sam Brown, Inc.
andreacohen@sambrown.com
917-209-7163
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SOURCE Arcellx, Inc | https://www.kxii.com/prnewswire/2022/05/05/arcellx-announces-participation-bofa-securities-2022-healthcare-conference/ | 2022-05-05T20:52:10Z |
Advanced identity verification technology and know your customer offerings provide seamless verification process for Twisto customers and ensures compliance
NEW YORK, June 29, 2022 /PRNewswire/ -- Veriff, a global identity verification provider, today announced its partnership with Twiso, A Zip Company, a buy now, pay later (BNPL) business, to provide identity verification (IDV) services for online merchants. With this partnership, Veriff expedites the IDV process for Twisto customers, while ensuring compliance with know your customer (KYC) regulations.
Veriff's AI-powered identity verification technology is now available through Twisto's platform, enabling consumers to quickly and seamlessly verify their identities. Veriff provides best-in-class KYC verification with its video-first technology and offers an extra layer of protection for users through location verification.
"The BNPL payments market is highly regulated, and as a business in this space we need to ensure that we comply with KYC and anti-money laundering (AML) regulations which require us to verify the identity of our customers," said Pavel Prucek, Head of Product at Twisto, A Zip Company. "The biggest challenge we faced was balancing the tradeoff between the customer friction and the reliability of data we gather in the IDV process. Veriff enables a seamless and quick IDV flow that also provides the customer data and information we need to ensure compliance."
Since integrating Veriff's technology, Twisto has experienced a customer conversion rate increase of almost 15 percentage points. The BNPL platform has also almost fully eliminated verification application returns due to Veriff's streamlined IDV process and ability to identify and flag low-quality or incomplete pictures submitted to the verification process.
"The last two years spurred a dramatic evolution within the financial services and online payments industry, resulting in a rise in stringent regulations to address growing fintech fraud rates," said Raul Liive, Head of Product at Veriff. "It's never been more critical for payments companies to remain a few steps ahead of these fraudsters while maintaining regulatory compliance. We're thrilled to partner with Twisto to ease the verification and compliance process for them and their customers."
More about Twisto
Twisto introduces a smart solution for payments and shopping. In 2013, it was the first to bring BNPL (buy now pay later) services into the Czech Republic. With Twisto Pay, people can defer the payment for their online shopping for 30 days with a single click, without registration and for free. Registered Twisto users have the possibility to pay with virtual or physical Twisto cards (run by Mastercard), pay with their smartphones through Apple Pay or Google Pay, settle their invoices by taking a picture with Twisto Snap or to split a bill between friends with Twisto Split. And they can defer payments for their shopping for up to 45 days. Twisto also enables them to divide the payment into installments with immediate approval or shop and pay in three without any fees. In 2018, Twisto successfully entered the Polish market. In 2021, the Australian fintech leader Zip acquired Twisto, which has become a key part of its European strategy. www.twisto.cz, LinkedIn, Facebook, Instagram
About Veriff
Veriff is a global online identity verification company that enables organizations to build trust with their customers through intelligent, accurate, and automated online IDV. With the largest document specimen database on the market, Veriff's intelligent decision engine can analyze thousands of technological and behavioral variables in seconds, matching people to more than 10,200 government-issued IDs from over 190 countries. Founded in 2015, Veriff serves a global portfolio of organizations across financial services, crypto, gaming and mobility sectors. Veriff's clients include Blockchain, Bolt, Deel, Starship, Trustpilot, Uphold, Wise and others. Veriff employs over 500 people from 56 different nationalities in the U.S., UK, Spain and Estonia. www.veriff.com.
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SOURCE Veriff | https://www.wibw.com/prnewswire/2022/06/29/veriff-identity-verification-solutions-now-available-twistos-buy-now-pay-later-clients/ | 2022-06-29T10:28:10Z |
The brands are showing shoppers the tastiest way to celebrate the world's biggest soccer event with good times, good guac and soccer stars Landon Donovan and Rafael Márquez
DALLAS, Aug. 23, 2022 /PRNewswire/ -- The world's biggest soccer event kicks off this November and Avocados From Mexico™ (AFM) and Takis® snacks are scoring big with their new shopper marketing campaign, "Guackeepers Keep it Good," helping fans bring the goodness of guac to their soccer viewing parties.
The number one selling brand of avocados and the Mexican brand of rolled corn tortilla chips are partnering to recruit two iconic soccer legends: Landon Donovan, one of the greatest American male players from the United States team, and Rafael Márquez, former Captain of the Mexico National team, described as the best defender in the team's history, having played in five World Games soccer tournaments. The two will be the official "Guackeepers" by always bringing delicious guac made with Avocados From Mexico and Takis snacks to the party. And since nearly half of the world's population (3.5B) watched the 20181 World Games matches, this is the perfect moment for AFM to make soccer celebrations #AlwaysGood.
According to a Numerator Study, there is a 1.8x basket2 increase when avocados and Takis snacks are purchased together. And, 2022 will be the first time the World Games will take place in the fall – which is a priority season for AFM, as the brand has majority share of the avocado category October – December, with a 9.1% growth in volume sales from 2018 – 20213 during this time frame. Because Avocados From Mexico bloom year-round in Michoacán and the region sends Hass avocados to the U.S. 365 days a year, they are perfect to bring and enjoy at soccer match viewing parties this fall.
The new "Guackeepers Keep it Good" promotional program includes in-store displays, consumer savings, digital engagement, and innovative recipe inspirations for fans, bringing the good times and good guac to life. Additionally, one lucky shopper will have the chance to win the ultimate Guackeepers sweepstakes, a trip to see any professional soccer match in the U.S. plus spending cash. Retailers are encouraged to request free "Guackeepers Keep It Good" promotional and merchandising materials from AFM while supplies last.
"What better way to celebrate soccer's biggest event than with the good flavors of AFM and Takis snacks?" said Stephanie Bazan, Vice President of Shopper and Trade Marketing for Avocados From Mexico. "Our Guackeepers Keep it Good in-store merchandising strategy is designed to excite the soccer-obsessed and spark good times, elevating sales during this priority time period for our brand."
The program offers shoppers a top-scoring combo including:
- Savings with On-Pack Coupon: Shoppers can save $1 when they buy two Avocados From Mexico and one 9.9oz bag of Takis Rolled Tortilla Chips.
- Sweepstakes: One lucky shopper will have the chance to win a sweepstakes for the ultimate Guackeepers event, a trip to see any pro soccer match in the U.S. plus spending cash.
- Digital Engagement: Shoppers can interact with AFM and Takis snacks via Instagram, Facebook and Twitter, by scanning the QR code at display to receive tasty recipes.
"Watching the world's most intense soccer event wouldn't be complete without the right snacks, which made our decision to partner with Avocados From Mexico the perfect match," said Sandra Peregrina, Marketing Director of Salty Snacks for Barcel USA. "As our favorite teams get ready to face the intensity of the games, we're excited to invite fans to enter the ultimate Guackeepers sweepstakes and take their winning shot at a once-in-a-lifetime experience."
To learn more about Avocados From Mexico's robust year-round promotional activities and marketing efforts, visit www.avocadosfrommexico.com/shopper.
About Avocados From Mexico
Avocados From Mexico (AFM) is a wholly-owned subsidiary of the Mexican Hass Avocado Importers Association (MHAIA), formed for the purpose of advertising, promotion, public relations and research for all stakeholders of Avocados From Mexico. Under agreements, MHAIA and the Association of Avocado Exporting Producers & Packers of Mexico (APEAM) have combined resources to fund and manage AFM, with the intent to provide a focused, highly- effective and efficient marketing program in the United States. AFM is headquartered in Irving, Texas.
About Takis®
Takis® is the most well-known brand of Barcel USA, the US snack division of Grupo Bimbo. An exciting, young and fast-growing consumer packaged goods company headquartered in Coppell, Texas with a strong presence in the largest markets within U.S. territory. Takis snacks are no ordinary snacks; they are the most intense snacks in the world. With different varieties, such as Takis Rolled Tortilla Chips, Takis Waves (ridge potato chips), Takis Hot Nuts (double crunch snack nuts), Takis Stix (corn snacks), Takis Pop! (Ready-to-eat popcorn), Takis snacks are for the strong. The brave. The daring. www.barcel-usa.com/Takis.
Media Contact:
Ana Ambrosi
aambrosi@avocadosfrommexico.com
1 2018 FIFA World Cup Russia Global Broadcast & Audience Summary
2 Numerator 5/3/2021 to 5/1/2022
3 Nielson xAOC, OND 2021 w/e 10/2/2021 to w/e 12/25/2021; OND 2020 w/e 10/3/2020 to 12/26/2020, OND 2019 w/e 10/5/2019 to 12/28/2019, OND 2018 w/e 10/6/2018 to w/e 12/29/2018
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SOURCE Avocados From Mexico | https://www.wibw.com/prnewswire/2022/08/23/avocados-mexico-takis-snacks-team-up-recruit-legendary-soccer-players-official-guackeepers-latest-shopper-campaign/ | 2022-08-23T13:37:13Z |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Ping Identity Holding Corp. ("Ping" or the "Company") (NYSE: PING) in connection with the proposed acquisition of the Company by Thoma Bravo. Under the terms of the merger agreement, the Company's shareholders will receive $28.50 in cash for each share of Ping common stock owned. The transaction is valued at approximately $2.8 billion.
If you own Ping shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/ping
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Ping's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $28.50 per-share merger consideration adequately compensates Ping's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, at least one analyst set a price target for the Company of $38 per share, $9.50 above the per-share merger consideration.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.mysuncoast.com/prnewswire/2022/08/03/shareholder-alert-weiss-law-investigates-ping-identity-holding-corp/ | 2022-08-03T22:17:18Z |
(iSeeCars) — While pickup trucks are known for their wide array of capabilities, including off-road adventures, hauling heavy loads, and even offering a fair degree of luxury in their upper trim levels, a truck’s maximum towing capability is typically its most impressive specification. Unlike SUVs that have to balance passenger space and cargo capacity with towing needs, trucks have a more utilitarian focus that’s reflected in their powertrains specs, including payload capacity and tow rating.
We’ve included the max tow rating for each truck listed below, along with maximum horsepower and lb-ft of torque figures for the engine that delivers the best tow capacity. You might not be surprised to learn the best engine for towing is rarely the base engine. We’ve also included each truck’s starting MSRP. Keep in mind that achieving a truck’s highest towing capacity will often involve ordering (and paying for) a tow package. You can also increase any truck’s maximum towing capacity by adding a gooseneck or fifth wheel hitch in the center of the bed, which locates the trailer’s tongue weight directly over the rear axle to improve trailer stability.
While heavy-duty pickups have the highest towing capacity, we’ve also included the specifications for full-size and midsize trucks below.
Best Trucks for Towing: Heavy-Duty Trucks
These are the largest and most capable consumer pickup trucks. Their engine options include diesel engines (usually turbo diesels) with names like “Cummins”, “Duramax” and “Power Stroke”. They are also physically larger than full-size trucks, making them the best pickups for towing large, heavy trailers or campers. It’s worth noting that while manual transmissions used to be commonplace in pickup trucks, in recent model years every automaker has switched to automatic transmissions across their lineups.
*Denotes diesel engine
Best Trucks for Towing: Full-Size Pickups
Full-size pickups are consistently the best-selling vehicles in the U.S. market, reflecting their strong demand as both work vehicles and weekend adventure vehicles. Available as both regular cab (two door) and crew cab (four-door) models, full-size trucks like the Chevy Silverado 1500 and the Ram 1500 have evolved into capable, even luxurious, family transportation. But they haven’t yet dethroned the Ford F-150 as the best-selling truck for the past four decades. Does the Ford’s highest tow rating in this category play into its ongoing sales success? Maybe.
*Denotes diesel engine
Best Trucks for Towing: Midsize Pickups
Although physically smaller than modern full-size pickups, today’s midsize trucks still offer roomy, comfortable cabins and enough towing capacity to serve many of today’s truck buyers while being easier to park and delivering superior fuel economy. You can’t get a high-torque diesel or V8 engine in this category, but you will find capable V6 and four-cylinder engines, rear-wheel and four-wheel drive powertrains, plus premium features like advanced infotainment systems and safety features. There’s even a fully-electric midsize truck from Rivian, though it’s starting price is between two and three times the cost of a traditional model.
* Denotes diesel engine
Bottom Line:
Pickup trucks come in many configurations and offer a wide range of features across trims. There are also more models than ever before to choose from thanks to the growing compact and midsize truck segment. Hauling capability can also vary widely across trucks in each segment, so if towing capacity is a priority, consider the heaviest haulers on this list. | https://cw33.com/automotive/these-best-trucks-for-towing/ | 2022-07-13T19:50:27Z |
ATLANTA, Aug. 11, 2022 /PRNewswire/ -- Mammoth Holdings LLC, America's premier express car wash platform, announced its acquisition of Mr. Squeaky Car Wash ("Mr. Squeaky") in Pompano Beach, FL.
"This acquisition provides a great opportunity to add a high-quality team to the Mammoth system and will bolster our rapidly growing South Florida footprint," said Dave Hoffmann, Chairman and CEO of Mammoth Holdings. Hoffmann added, "We are excited to roll out our club membership offering to Mr. Squeaky's loyal customer base in the coming weeks."
Richard Sasso, Mr. Squeaky's owner stated, "I pride myself on being detail oriented, and I appreciated Mammoth's attention to detail throughout the entire process. From the initial letter of intent through the integration process, Mammoth displayed an impressive attention to detail that leaves me excited to see the opportunities our team will have to further their careers in the future."
Mammoth Holdings is the first car wash platform formed by industry insiders and has 106 operating locations. Mammoth is customer-focused operationally; operator-focused in its approach to acquisitions; and seeks to be the partner-of-choice for car wash operators who desire liquidity, growth capital, and a tax-deferred equity investment opportunity. Mammoth Holdings' multi-brand portfolio includes Coastal Carwash, Shine-N-Go, SUDS, Silverstar, Busy Bee, PureMagic, Marc-1, Ultra, Wash Me Fast, Wiggy Wash, Pals, Finish Line, LuLu's, Ollie's, PitStop, and Swifty, among others.
Mammoth has significant growth capital and is actively seeking acquisitions and development opportunities.
In October 2018, Mammoth partnered with Red Dog Equity LLC, an Atlanta-based private equity firm, which, through its partnership with Tom Pritzker's family business interests (advised by The Pritzker Organization), provides the equity for Mammoth Holdings' corporate development initiatives. Monroe Capital and Morgan Stanley provide Mammoth Holdings' debt financing.
Headquartered in Atlanta, Mammoth Holdings operates 106 conveyor car washes under the Coastal Carwash, Shine-N-Go, SUDS, Silverstar, Busy Bee, PureMagic, Marc-1, Ultra, Wash Me Fast, Wiggy Wash, Pals, Finish Line, LuLu's, Ollie's, PitStop, and Swifty brands in Georgia, Alabama, Kentucky, Illinois, Utah, South Carolina, Mississippi, Louisiana, Indiana, Missouri, Tennessee, North Dakota, South Dakota, Iowa, Nebraska, and Florida. Mammoth Holdings was founded by Gary Dennis and Chip Hackett in 2002. To learn more, please visit us online at mammothholdings.com.
Founded in 2005, Mr. Squeaky Car Wash operates a single car wash in Florida and was named a Top 50 car wash in the USA in 2007 by Modern Car Care. To learn more, please visit the Mr. Squeaky location in Pompano Beach, FL or visit mrsqueaky.com.
Red Dog Equity LLC is a private equity firm that invests in lower middle-market companies poised for strong growth in partnership with driven, entrepreneurial business leaders ("Red Dogs"). To learn more, please visit reddogequity.com.
The Pritzker Organization is the merchant bank for the business interests of the Tom Pritzker family. Additional information can be found at pritzkerorg.com.
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SOURCE Mammoth Holdings | https://www.kxii.com/prnewswire/2022/08/11/mammoth-holdings-adds-location-florida/ | 2022-08-11T16:49:47Z |
Grant provides financial relief for students struggling to find affordable housing
SANTA BARBARA, Calif., Aug. 1, 2022 /PRNewswire/ -- The Cooper Housing Institute, a nonprofit organization that supports research and programs that address housing affordability and homelessness in the United States, announced today that it has awarded the University of California, Santa Barbara, with a $50,000 grant. The grant will fund the Housing Voucher Program and Housing Advocate Program for students in financial and housing crises.
"It has become more important than ever for the Cooper Housing Institute to continue offering support to anyone struggling to afford housing," said Cooper Housing Institute's co-founder, Wilfred Cooper Jr. "We support UCSB's housing programs, and similar programs across the country, to help combat the rising threat of homelessness."
The University of California, Santa Barbara, will allocate part of the funds to their Housing Voucher Program. This voucher program allows UCSB to rehouse and offer rent support to students suffering housing emergencies. This program is in place to assess the needs of students, identifying those who might be experiencing systematic financial difficulties so they can be directed to additional resources.
The remaining funds will be contributed towards their Housing Advocate Program. This program employs two undergraduate Housing Advocates who will represent students experiencing housing insecurity. The Housing Advocates are available to all UCSB students struggling to find affordable housing, and will assist students to find nearby housing, help them navigate leases, and connect students with additional resources and community housing programs.
The Cooper Housing Institute is a private 501(c)(3) foundation founded in 2018 by the Cooper family, whose commitment to affordable housing spans 50 years. The foundation strives to make housing a priority in the United States by supporting research, education and programs that address housing affordability and homelessness. The organization focuses on the root causes of the shortage of affordable housing and chronic homelessness across the nation, and aims to focus on objective, fact-driven research that brings often divergent groups together to embrace common sense solutions. The Cooper Housing Institute was formed by Will N. Cooper Sr. and Will N. Cooper Jr., leaders of Irvine, California-based WNC, a leading provider of investment, asset management and development services in the affordable housing industry. To learn more, visit https://cooperhousinginstitute.org/.
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SOURCE Cooper Housing Institute | https://www.kxii.com/prnewswire/2022/08/01/cooper-housing-institute-awards-50000-grant-university-california-santa-barbara/ | 2022-08-01T20:34:50Z |
Amputee runs 104 marathons in 104 days, likely smashing world record
(AP) - When amputee athlete Jacky Hunt-Broersma says her mantra is, “I can do hard things,” she’s not kidding — the amputee athlete has run 104 marathons in as many days, all using a carbon-fiber prosthesis.
Hunt-Broersma, 46, completed that epic quest on Saturday near her home in suburban Phoenix, setting an unofficial world record along the way.
“What a journey,” she tweeted.
The South Africa native, who lost her left leg below the knee to a rare cancer, gained worldwide attention and a huge social media following after beginning her record attempt on Jan. 17.
Brick Runners, an organization that supports athletes who raise money for charities, even designed a Jacky-inspired Lego-style character complete with one of her favorite T-shirts, which reads: “Strong Has Many Forms.”
Hunt-Broersma also raised more than $67,000 to help fellow amputee blade runners get the expensive prostheses they need. Health insurance typically doesn’t cover the cost, which can exceed $10,000.
Every day since mid-January, she covered the classic 26.2-mile (42.2-kilometer) marathon distance either on a loop course laid out near her home in Gilbert, Arizona, or on a treadmill indoors.
Her original goal was to run 100 marathons in 100 days so she’d beat a record of 95 set in 2020 by Alyssa Amos Clark, a nondisabled runner from Bennington, Vermont, who did it as a pandemic coping strategy. But last month, after nondisabled British runner Kate Jayden unofficially broke Clark’s record with 101 marathons in 101 days, Hunt-Broersma realized she’d need to run at least 102.
In an interview with The Associated Press, she said she hoped her quest would inspire people everywhere to push themselves regardless of their physical limitations.
Guinness World Records spokesperson Amanda Marcus said the Britain-based organization was aware of Hunt-Broersma’s attempt, and that it would take 12 to 15 weeks to review the evidence before the record can be confirmed.
Guinness lists the men’s record for consecutive daily marathons as 59, set in 2019 by Enzo Caporaso of Italy.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/03/amputee-runs-104-marathons-104-days-likely-smashing-world-record/ | 2022-05-04T05:26:23Z |
ATLANTA, April 18, 2022 /PRNewswire/ -- Equifax® (NYSE: EFX) has appointed Trevor Burns as Senior Vice President of Corporate Investor Relations. With this announcement, Burns is returning to the role that he held prior to his position of Senior Financial Officer for Equifax Global Consumer Solutions. He will serve as an extended member of the Equifax Senior Leadership Team, reporting to John Gamble, Equifax Corporate Vice President and Chief Financial Officer.
"We are rapidly building a new company - a New Equifax – a faster growing, higher margin, diversified data, analytics and technology company that has expanded well beyond a traditional consumer credit bureau," said Mark W. Begor, Chief Executive Officer at Equifax. "As we look to complete our cloud transformation, how we share our strategy with analysts and investors is critical to our success. Trevor brings a deep understanding of our business and over 15 years of experience in Equifax finance and investor relations to this role. I'm energized to welcome him back to our Senior Leadership Team."
Burns, a graduate of the University of Georgia Terry College of Business, joined Equifax in 2005 and has held a number of finance and investor relations leadership positions during his tenure with the company. Prior to Equifax, Burns held accounting roles with AT&T Mobility and PricewaterhouseCoopers. He replaces Dorian Hare who has accepted a new position at Oportun, a financial services company that specializes in affordable credit solutions.
"We thank Dorian for his work in Investor Relations over the last two years - a period where we reported substantial growth and historic M&A activity for Equifax," added Begor. "We wish Dorian the best in his future endeavors."
For more information on Equifax corporate leadership, visit our website.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 25 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.
FOR MORE INFORMATION
Kate Walker for Equifax
mediainquiries@equifax.com
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SOURCE Equifax Inc. | https://www.mysuncoast.com/prnewswire/2022/04/18/equifax-names-trevor-burns-senior-vice-president-corporate-investor-relations/ | 2022-04-18T20:59:18Z |
TSXV: OIII | OTCQX: OIIIF - O3 Mining
TORONTO, June 7, 2022 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation) is pleased to provide a progress update on the mining, metallurgical, geomechanical, geotechnical, environmental and community engagement work components of the Pre-Feasibility Study ("PFS") for the Marban Engineering Project. O3 Mining remains committed to completing the study on schedule in Q3 2022.
The Marban project is in the heart of the Malartic gold mining camp. It covers 7,525 hectares and is located 12 kilometres from the Canadian Malartic Mine (owned equally by Agnico Eagle Mines Limited and Yamana Gold Inc.). Activity at Marban in 2022 has been focused on Marban Engineering and working towards completion of the PFS and future economic studies.
- A trade-off study has been completed on mine/mill throughput, indicating a 50% increase from the Preliminary Economic Assessment ("PEA") estimate of 4 Mt per year to 6 Mt per year to mill
- The geotechnical and geomechanical testing has been completed
- The mineral processing and metallurgical testing program has been completed
- Environmental baseline studies are ongoing and dialogue has been initiated with First Nations communities, host communities around the project and government representatives from all levels of government
- Improved mine sequencing to limit peak mining rate increase to 15% with the increase of 50% in mill feed throughput and reduced peak stockpile under 2Mt vs 12Mt at PEA
- Improvements made to the productivity with; increased truck size to 150 tonnes from 100 tonnes in PEA and increased bench size from 5 metres to 10 metres
- The Mineral Resource Estimate ("MRE") dated March 1, 2022 (See Press Release March 1, 2022) will be used as the resource base for the PFS together with the completed and reported metallurgical testwork results
- Additional work to be completed includes:
- Geotechnical and geomechanical testing has been completed in Q2; interpretation ongoing
- Hydrogeological modelling has been completed
- The metallurgical testing program has been completed
- Trade-off study on CAPEX to recovery for grinding and leach circuit design has been completed. A reduction of target grind size from 100 microns to 85 microns and optimized leach-CIP circuit will be integrated in the mill design. Combined with improved results from testwork program and the inclusion of solution losses the recovery for the PFS is: 94.9% for Marban and 91.9% for Norlartic.
- The tailings management trade-off study has been completed, with an improved conventional tailings scenario selected. This scenario combines a smaller tailing management facility and in-pit tailings deposition enabling a project footprint reduction.
O3 Mining has advanced environmental baseline studies as stated in the 2021 ESG Report (See Press Release April 4, 2022), as well as, initiated dialogue with First Nations communities, government representatives from all three levels: municipal, provincial and federal, host communities around the project and other relevant stakeholders. O3 remains committed to the responsible development of its projects by incorporating a holistic sustainability approach to generate value for all stakeholders and to handle environmental concerns.
Additionally, O3 Mining has taken supplementary steps towards the social acceptability of the project. The company intends to implement a participatory approach and met with the citizens located in the project's proximity to obtain their feedback to determine the most suitable and effective mechanism to exchange through the continuation of discussions (See Press Release May 25, 2022).
The Corporation will continue to advance the Marban Engineering project towards production by completing the PFS by Q3 2022 as planned. O3 Mining aims to become a leading gold producer and put the Marban project into production by 2026. In 2022, 18,000 metres have been drilled on Marban Engineering, with an additional 40,000 metres planned until the end of the year. Drilling will be focused on infill and expansion drilling, as well as exploration drilling in the Marban Fold area.
The scientific and technical content of this news release has been reviewed, prepared, and approved by Mr. Sébastien Vigneau, P. Geo (OGQ #993), Principal Geologist of the Corporation, Mr. Rob Raponi, P. Eng, Process and Infrastructure of Ausenco, and Mr. Carl Michaud. Messrs Raponi, Michaud and Vigneau are "Qualified Persons" as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
O3 Mining Inc., an Osisko Group company, is a gold explorer and mine developer on the road to produce from its highly prospective gold camps in Québec, Canada. O3 Mining benefits from the support, previous mine-building success, and expertise of the Osisko team as it grows towards being a gold producer with several multi-million-ounce deposits in Québec.
O3 Mining is well-capitalized and owns a 100% interest in all its properties (66,000 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSXV: OIII) and OTC Markets (OTCQX: OIIIF). The Corporation is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders. Further information can be found on our website at https://o3mining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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SOURCE O3 Mining Inc. | https://www.wibw.com/prnewswire/2022/06/07/o3-mining-provides-progress-update-pre-feasibility-study-marban-engineering/ | 2022-06-07T11:06:20Z |
Discover equips support teams with actionable analytics to maximize ROI and drive growth
SAN FRANCISCO, Sept. 7, 2022 /PRNewswire/ -- Forethought, the Human-Centered AI Platform, today announced the launch of Discover™. This product complements the existing three products in the Platform: Solve, Triage and Assist. Discover delivers proactive support insights fast, with low effort and investment.
Prior to Discover, most customer service tools were limited to analyzing structured data — i.e., data that can easily be organized into a spreadsheet such as phone numbers, addresses, product names, and currency. The vast majority of customer support data is unstructured, including emails, audio files, and long-form articles. This data is a gold mine of valuable customer insights, but most teams haven't had the tools to properly make sense of it without hiring professional data scientists.
Discover makes it possible to easily glean valuable insights from unstructured support data to enable support teams to be more proactive about improving the customer experience.
"With Discover, Forethought expands the horizons of the customer support experience. With these capabilities, support teams can easily perform powerful analysis to get holistic insights on every piece of customer support data and can then take action on those insights. As a result, data-driven decisions will be much easier and more effective, and any business can appreciate that," Vice President of Product EJ Liao said.
Organizations using Discover will have access to multi-channel and multi-ticket AI capabilities, such as analyzing unstructured data across all channels and tickets.
The granularity of this data analysis is unprecedented in the market. While other solutions can provide basic analysis on volume metrics, they lack the ability to perform advanced analysis easily on multi-ticket unstructured data, as well as NLU-powered dynamic categorization. Discover outperforms other products by providing dynamic categorization based on data versus predefined ones, as well as abnormality detection to improve the noise-to-signal ratio. Additionally, Discover looks beyond trend volume with key performance indicators (KPIs) segmented by dynamically generated issue categories.
Dynamic ticket categorization is core to Discover technology and will improve and evolve over time. The ability to capture this data and turn it into actionable insights can transform customer support from a cost center to a growth driver. Adding this capability to Forethought's Platform enables it to support human interactions and the ability to dive deeper into the customer service experience data, as well as capture sales and product insights to share across the organization and enable more data-driven decision-making.
"Discover helps organizations make sense of complicated customer queries and gain insights into their experiences. It's proactive in capturing implicit signals from customers, which can be shared throughout an enterprise to dramatically improve the overall customer experience," Deon Nicholas, CEO of Forethought, said.
Future Discover enhancements include AI-powered recommendations on workflow and process improvements, agent coaching, and suggested additions to an organization's Knowledge Center based on coverage gaps in customer inquiries.
Learn more about Discover at forethought.ai.
ABOUT FORETHOUGHT
Launched in 2018, Forethought is a leading AI company providing customer service solutions that transform the customer experience. Forethought's products enable seamless customer experiences by infusing human-centered AI at each stage of the customer support journey: resolving common cases instantly, enriching and prioritizing tickets, and assisting agents with relevant knowledge — all from one platform.
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SOURCE Forethought | https://www.kxii.com/prnewswire/2022/09/07/forethought-launches-discover-enable-proactive-insights-data-driven-decision-making/ | 2022-09-07T13:22:42Z |
- 79 Properties Acquired Year-to-Date for $1.1 Billion -
- Two Properties Representing Approximately $200 Million Expected to Close Upon Completion of Loan Assumptions by End of Second Quarter -
NEW YORK, May 2, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL" or the "Company") announced today that the Company, through its operating partnership, completed the acquisition of 23 open-air shopping centers for a $277.8 Million, excluding closing costs. The closing is the fourth and fifth tranche from the previously announced agreement to acquire a portfolio of 81 Power, Anchored and Grocery Centers1 from certain subsidiaries of CIM Real Estate Finance Trust, Inc. for $1.3 billion. To date, 79 of the 81 properties have closed.
"This acquisition, paired with our targeted asset sales over the past few years, has significantly transformed RTL into a pure-play necessity-based retail REIT," said Michael Weil, CEO of RTL. "Bringing these properties onto our platform and integrating with new tenants, managers and communities has been handled seamlessly by our team. We are energized by what we think is the significant embedded upside in this portfolio and look forward to the cash flow contributions that will be derived from these properties for years to come."
Footnote 1 Portfolio includes 79 Power, Anchored and Grocery Centers and two single tenant properties.
About The Necessity Retail REIT Where America Shops
The Necessity Retail REIT (Nasdaq: RTL) is the preeminent publicly traded real estate investment trust (REIT) focused "Where America Shops". RTL acquires and manages a diversified portfolio of primarily necessity-based retail single tenant and open-air shopping center properties in the U.S. Additional information about RTL can be found on its website at www.necessityretailreit.com.
Important Notice
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results or events to be materially different. The words "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "may," "will," "seek," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of the Company's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the potential adverse effects of the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, on the Company, the Company's tenants, any assets under contract to be acquired including their respective tenants and uncertainty and volatility in the global economy and financial markets from, among other things, COVID-19 and the ongoing war in Ukraine, all of which may adversely affect market conditions and capital availability as well as those risks and uncertainties set forth in the Risk Factors section of the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed on February 24, 2022 and all other filings with the SEC after that date as such risks, uncertainties and other important factors may be updated from time to time in the Company's subsequent reports Forward looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results, unless required to do so by law.
Contacts:
Investor Relations
ir@rtlreit.com
(866) 902-0063
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SOURCE The Necessity Retail REIT, Inc. | https://www.wibw.com/prnewswire/2022/05/02/necessity-retail-reit-closes-23-properties-representing-278-million-previously-announced-13-billion-open-air-shopping-center-acquisition/ | 2022-05-02T11:48:56Z |
DES MOINES, Iowa (AP) — A giant Mega Millions lottery jackpot ballooned to $1.02 billion after no one matched all six numbers Tuesday night and won the top prize.
The new estimated jackpot for Friday’s drawing will be the nation’s fourth-largest lottery prize.
The jackpot has grown so large because no one has matched the game’s six selected numbers since April 15. That’s 29 consecutive drawings without a big winner.
Tuesday’s numbers were: 07-29-60-63-66, Mega Ball: 15.
The $1.02 billion prize is for winners who choose the annuity option, paid annually over 30 years. Most winners opt for the cash option, which for the next drawing Friday night is an estimated $602.5 million.
The odds of winning the jackpot are 1 in 302.5 million.
Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. The game is coordinated by state lotteries. | https://cw33.com/news/u-s-news/ap-us-headlines/drawing-nears-for-estimated-830m-mega-millions-prize/ | 2022-07-27T18:01:53Z |
IRVINE, Calif., Aug. 30, 2022 /PRNewswire/ -- Numecent is excited to announce Cloudpager is the first to provide native support for Amazon WorkSpaces and Amazon WorkSpaces Application Manager (Amazon WAM) packages, powered by Amazon Web Services (AWS). Cloudpager enables all Windows desktop applications and container formats to lift and shift to Amazon WorkSpaces, including those that are not inherently compatible with Desktop-as-a-Service (DaaS). This minimizes configuration requirements and DaaS complexity, significantly reducing migration, operating, and software licensing costs.
"It only takes one app to make the onboarding process difficult and time-consuming," said Arthur Hitomi, co-founder and Chief Executive Officer of Numecent. "We built Cloudpager to make all Windows applications run better, be easier to manage, and mobilize friction-free to any Windows environment, but especially so with Amazon WorkSpaces. Native support for Amazon WAM and the combination of Amazon WorkSpaces and Cloudpager means organizations can bring all of their Windows applications to a hosted, managed desktop environment, allowing for more users and workload scenarios for WorkSpaces while modernizing and reducing costs of on-boarding and backend operations."
"Amazon WorkSpaces customers have used Amazon WAM to deploy and manage commercial and line of business desktop applications while streamlining image management," said Muneer Mirza, General Manager, End User Computing at AWS. "With Numecent Cloudpager's support of Amazon WorkSpaces, customers can now migrate their existing Amazon WAM packages without making any changes, and manage them along with other package formats. The combination of Amazon WorkSpaces and Cloudpager provides customers with more power and flexibility to deliver applications to fully managed cloud desktops."
Numecent's cloud solution also handles native App-V and MSIX packages. It provides robust security, software asset management, and licensing enforcement for the applications it delivers, providing better compliance, reporting, and software license usage. Cloudpager has a minimal resource footprint and near-zero application performance impact.
"Deploying Numecent's Cloudpager has been one of the easiest and simplest implementations we have ever done," said David Merrill, IT Technical Lead at Vitech Inc. "Our existing Amazon WorkSpaces Application Manager packages were completely migrated by their support staff with no issues. The subscription process and configuration was very straightforward, and the integration with our identity provider was completely seamless. Deploying the applications in Amazon WorkSpaces was very fast and the performance so far is excellent."
Numecent is an award-winning cloud technology provider headquartered in Irvine, California. The company's mission from its inception has been to simplify the mobilization and management of applications across modern desktop and multi-cloud environments. Numecent's technology portfolio, built upon 58 patents (and counting) authored by a team of world-class inventors and Windows experts, empowers enterprises around the world – including the largest Fortune 500 companies, cloud service providers, and MSPs – to seamlessly package and deploy thousands of applications to millions of end-users on a daily basis. For more information, visit www.numecent.com.
Press/Media/Analyst Contact for Numecent
Duncan Byargeon, Director of Marketing, duncan.byargeon@numecent.com
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SOURCE Numecent | https://www.kxii.com/prnewswire/2022/08/30/numecent-announces-cloudpager-native-support-amazon-workspaces/ | 2022-08-30T13:24:30Z |
Trump Org. can keep Bronx golf course license after NYC tried to cancel it post-January 6, judge rules
By Kara Scannell
A New York judge said Friday the Trump Organization can continue to operate a golf course in the Bronx, rejecting the city’s effort to revoke the license to operate the public course following last year’s attack on the US Capitol.
New York City officials had terminated the licensing deal for the Trump Golf Links at Ferry Point Park in the days after the insurrection. Then-Mayor Bill de Blasio said, “The City of New York will not be associated with those unforgivable acts in any shape, way or form.”
In justifying its decision, the city cited a separate decision by the PGA of America to cancel its agreement to host the 2022 championship tournament at former President Donald Trump’s Bedminster golf course in New Jersey saying doing so would be “detrimental” to its brand. Ferry Point’s ability to draw high-caliber tournaments would be “significantly impaired” by Trump’s actions on January 6 as well, the city said.
The Trump Organization sued the city for wrongful termination and asked to reinstate the license.
In an 18-page ruling Friday, New York Judge Debra James ruled that the deal only required Trump to operate a tournament-quality course — not attract professional tournaments.
“As the court at the threshold finds that there is no ambiguity in the Agreement’s terms as to petitioner’s obligation to ‘operat[e] a first class, tournament quality daily fee golf course,’ the court holds that the respondents’ determination that petitioner breached the License Agreement is contrary to law, as there is no requirement in the License Agreement that petitioner act so as to attract professional golf tournaments,” the judge wrote.
The fight over the golf course may not be over.
The city could appeal the ruling or move to terminate Trump’s licensing agreement “at will,” using a different clause in the contract. Trump’s lawyers have said if the deal is terminated “at will,” the city would owe them a termination payment of $30 million, a figure the city has not endorsed.
“Anyone holding a City concession is held to a high standard. We are disappointed in the Court’s decision, and we are reviewing our legal options,” said a spokesman for the New York City law department.
A spokeswoman for the Trump Organization called the ruling a win for the city.
“This is not just a win for The Trump Organization — this is a win for the people of the City of New York and for the hundreds of our hard-working employees at Ferry Point. We are thrilled that we will continue to operate and manage what has been widely recognized as one of the most magnificent public golf experiences anywhere in the country,” the spokeswoman said in a statement.
Last year, the city’s Franchise and Concession Review Committee voted 4-2 to award the remaining 13 years of the license to Bobby Jones Links, an Atlanta-based golf course operator. Trump was supposed to turn over the keys to the course in November, but the judge stayed the deadline pending her decision.
Whitney Crouse, founding partner of Bobby Jones Links, couldn’t immediately be reached for comment.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/08/trump-org-can-keep-bronx-golf-course-license-after-nyc-tried-to-cancel-it-post-january-6-judge-rules/ | 2022-04-08T22:58:17Z |
(NEXSTAR) – While eye-popping triple-digit heat forecasts may capture headlines, you might want to start paying attention to the “wet bulb” temperature, especially if you work outside.
The name comes from the thermometer covered in a wet cloth that is used to take the temperature reading, according to the National Weather Service. The measurement is designed to effectively mimic how the body tries to cool itself with sweat.
Unlike the heat index, which tells you how the human body would feel under shade, the wet bulb temperature indicates the expected stress on the human body when it is in direct sunlight by measuring the effect of temperature, humidity, wind speed and solar radiation. The NWS uses a black globe and dry bulb to detect solar radiation and temperature data.
When it’s hot, humans sweat to cool off, but if the humidity is also high enough there’s a point at which sweat loses its cooling effect.
The upper limit that humans could withstand was thought to be 95 F at 100% humidity, according to a 2010 study. New research out of Penn State University’s Noll Laboratory found that the critical limit is in fact even lower – 88 F at 100% humidity.
You can find your wet bulb temperature using this NOAA map.
Wet bulb readings reach extreme levels this week
On Tuesday, parts of Texas and northern Oklahoma, as well as nearly the entire state of Arkansas and eastern Michigan, had the highest NWS wet bulb reading – extreme.
By Wednesday afternoon, the NWS showed extreme wet bulb temperatures only across the southern tip of California and in southwest Arizona. Large swathes of “high” readings remained across Texas, Arkansas, Oklahoma, Louisiana, New York, Connecticut and Massachusetts.
The NWS says the tool, which it classifies as experimental, “is most useful for active, acclimatized people such as outdoor workers, athletes, and anyone else performing strenuous outdoor activities — and has been used for decades by military agencies, OSHA, and marathon organizers.”
The weather service warns that wet bulb readings can vary geographically and cites OSHA’s recommendations for outdoor workers:
- Acclimatize workers starting the first day working in the heat and after any extended absences
- Provide shade for outdoor work sites
- Schedule work earlier or later in the day
- Use work/rest schedules
- Limit strenuous work (e.g., carrying heavy loads) | https://cw33.com/news/nexstar-media-wire/what-is-a-wet-bulb-temperature-and-why-is-it-so-important-this-week/ | 2022-07-20T23:52:04Z |
- Hyundai Motor Group enters agreement with State of Georgia to build full electric vehicle and battery manufacturing facilities in Bryan County
- New facilities represent investment of approx. USD 5.54 billion
- Commercial production to begin 1H 2025 with annual capacity of 300,000 units
- HMG to produce wide range of innovative EV models at the new facility
- The Group aims to become a leading provider of electrified mobility solutions with the new U.S. investment
SEOUL, South Korea and BRYAN COUNTY, Ga., May 20, 2022 /PRNewswire/ -- Hyundai Motor Group (the Group) today announced it has entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the U.S.
The Group's U.S. investment decision will support its goal of becoming a leader in electric mobility in the U.S. market. It also highlights the Group's commitment to sustainability through electrification and to supporting the economies where it operates.
The official signing ceremony was held in Bryan County, attended by Georgia Governor Brian P. Kemp and other Georgia officials as well as Hyundai Motor Company President and CEO, Jaehoon Chang, and Hyundai Motor President and Chief Operating Officer José Muñoz. Hyundai Motor Group Executive Chair Euisun Chung joined the signing ceremony virtually.
"The future of transportation is in the Peach State as we announce the largest project in our state's history – delivering high-quality jobs on the leading edge of mobility to hardworking Georgians," said Governor Brian Kemp. "Not only are we thrilled to welcome Hyundai to Georgia's coastal region, but it's incredible that within a year of Georgia's investment in the Bryan County Megasite, we are locating a world-class project here with a company with great Georgia history!"
"As one of the world's most successful and advanced mobility leaders, we are incredibly proud to share our plan to open our first dedicated full EV and battery manufacturing facilities in the U.S.," said Hyundai Motor Group Executive Chair Euisun Chung. "The U.S. has always held an important place in the Group's global strategy, and we are excited to partner with the State of Georgia to achieve our shared goal of electrified mobility and sustainability in the U.S."
The new EV plant and battery manufacturing facilities represent an investment of approximately USD 5.54 billion. The new facility will break ground in early 2023 and is expected to begin commercial production in the first half of 2025 with an annual capacity of 300,000 units. The battery manufacturing facility will be established through a strategic partnership, which the details will be disclosed at a later stage.
The Group plans to produce wide range of full electric vehicles for U.S. customers at the new Georgia EV plant. Details of production models will be shared at later dates. The local EV production will increase U.S. consumer accessibility to the Group's innovative EVs. Through the battery manufacturing facility, the Group also aims to establish a stable supply chain and build a healthy EV ecosystem in the U.S.
The EV and battery manufacturing plant will be located on a dedicated 2,923-acre site in Bryan County Georgia, with immediate access to I-95 and I-16 highways which creates easy access to 250 major metro areas. It is less than 50 kilometers from the Port of Savannah, the single-largest and fastest-growing container terminal in the U.S. with two Class I rail facilities on-site provided by Georgia Central Railway. West Point, Georgia is already home to the Group's Kia manufacturing hub in the US.
Hyundai Motor Group selected Georgia as the Group's EV and battery production site due to a range of favorable business conditions, including speed-to-market, talented workforce, as well as existing network of the Group affiliates and suppliers.
Georgia is the Southeastern leader for EV registration per 1,000 registered automobiles. To support these drivers, Georgia is constantly developing access to publicly available EV charging stations and already offers more outlets per capita than anywhere else in the Southeast. The Group's new investment will help accelerate the state's sustainable shift to electrification.
Continuing the Group's support for the U.S. economy, the project is expected to create about 8,100 new jobs.
The EV plant investment comes as a part of the Group's 2021 announcement to invest USD 7.4 billion by 2025 to foster future mobility in the U.S., including production of EVs and offering smart mobility solutions.
Hyundai Motor Group to lead US electrified mobility industry
Hyundai Motor Group will be a leader in the U.S. auto market's EV transition with the new facility.
The Group is accelerating its electrification efforts with the global target to sell 3.23 million full electric vehicles annually by 2030. To realize this goal, the Group plans to establish a global EV production network that will ensure a stable supply of EVs around the globe.
"We decided to build our first dedicated EV plant in the U.S. because America embraces change and drives innovation," said Jaehoon Chang, President and CEO of Hyundai Motor. "This new EV plant is the future of our business, and It will help us meet the growing demands of our US customers who want leading edge design, safe, zero-emissions vehicles now and in the future".
With the additional EV and battery production capabilities in the U.S., the Group aims to become one of the top three EV providers in the U.S. by 2026. The Group plans to lead the EV market not just in sales, but also in terms of design, technologies, and mobility solutions optimized for electric mobility era.
The investment is in line with the U.S. government's roadmap to accelerate electrification, as global OEMs are announcing plans to expand their local EV production in the U.S. Last year, the U.S. government announced a new initiative under which sales of zero-emission vehicles should account for at least half of OEM's new vehicle sales by 2030.
Showcasing the Future of Group's Smart Manufacturing: Intelligent, Sustainable and Data-driven
The new plant will boast a highly connected, automated, and flexible manufacturing system, which organically connects all elements of the EV ecosystem to realize customer value.
The Group plans to implement many of its advanced intelligent manufacturing technologies that are currently under test at the Group's innovation hub, the Hyundai Motor Group Innovation Center in Singapore (HMGICS).
The Georgia facility will become an intelligent manufacturing plant. All processes of production - order collection, procurement, logistics and production - will be optimized utilizing AI and data. The innovative manufacturing system will also help create a human-centered work environment with robots assisting human workers.
As part of the Group's commitment to sustainability, the plant will mainly rely on renewable energy sources to power the facility and use emission-reduction technologies to meet the RE100 requirements.
About Hyundai Motor Group
Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT, and service. With about 250,000 employees worldwide, the Group's mobility brands include Hyundai, Kia, and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all.
More information about Hyundai Motor Group, please see: www.hyundaimotorgroup.com
Disclaimer: Hyundai Motor Group believes the information contained herein to be accurate at the time of release. However, the company may upload new or updated information if required and assumes that it is not liable for the accuracy of any information interpreted and used by the reader.
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SOURCE Hyundai Motor Group | https://www.kxii.com/prnewswire/2022/05/20/hyundai-motor-group-establish-first-dedicated-ev-plant-battery-manufacturing-facility-us/ | 2022-05-20T20:37:00Z |
High School Football Showdown 2022 Close Thanks for signing up! Watch for us in your inbox. Subscribe Now End Zone Extra SIGN UP NOW Close Thanks for signing up! Watch for us in your inbox. Subscribe Now KDAF Daily News SIGN UP NOW Schedule DateGameWhere to Watch8/25Rockwall Heath v. Denton GuyerCW33-TV and CW33.com9/1Azle v. GrapevineCW33-TV and CW33.com9/8Aledo v. Justin Northwest CW33-TV and CW33.com 9/15Arlington Seguin v. Mansfield Summit CW33-TV and CW33.com 9/22Southlake Carroll v. Haltom CW33-TV and CW33.com 9/29Fort Worth Dunbar v. Western Hills CW33-TV and CW33.com 10/6Garland Naaman Forest v. Garland CW33-TV and CW33.com 10/13Prosper v. McKinney Boyd CW33-TV and CW33.com 10/20Lake Highlands v. Richardson Pearce CW33-TV and CW33.com 10/27 District 6-5A II Zone Seeding Game CW33-TV and CW33.com 11/3TBA CW33-TV and CW33.com | https://cw33.com/high-school-football-showdown-2022/ | 2022-07-21T18:05:26Z |
The Masters values tradition, but course change is constant
By TIM REYNOLDS
AP Sports Writer
AUGUSTA, Ga. (AP) — It was a sunny and warm afternoon, only a few people were lucky enough to be playing golf at Augusta National and heavy equipment was being driven onto the course. That work crew’s mission: to remove a massive tree from the left side of the tee box on the 15th hole. This happened on April 12, 2021. It wasn’t even 24 hours after Hideki Matsuyama won last year’s Masters. While some traditions at Augusta National are hardly ever altered and some rules are downright absolute, the course itself has a long history of evolving with the times. | https://localnews8.com/sports/ap-national-sports/2022/04/06/the-masters-values-tradition-but-course-change-is-constant/ | 2022-04-06T18:08:37Z |
- Global comparable sales increased nearly 10%, with growth across all segments
- Digital Systemwide sales* in our top six markets exceeded $6 billion for the quarter, representing nearly a third of their total Systemwide sales
CHICAGO, July 26, 2022 /PRNewswire/ -- McDonald's Corporation today announced results for the second quarter ended June 30, 2022.
"The McDonald's System continues to demonstrate strength and resiliency," said McDonald's President and Chief Executive Officer, Chris Kempczinski. "Our second quarter performance reflects outstanding execution against our Accelerating the Arches strategy. By focusing on our customers and crew, enabled by a rapidly growing digital capability, we delivered global comparable sales growth of nearly 10%. Nonetheless, the operating environment across the competitive landscape remains challenging. While we are planning for a wide range of scenarios, I am confident that our plans and people position McDonald's to weather this environment better than others."
Second quarter financial performance:
- Global comparable sales increased 9.7%, reflecting positive comparable sales across all segments:
- Consolidated revenues decreased 3% (increased 3% in constant currencies).
- Systemwide sales increased 4% (10% in constant currencies).
- Consolidated operating income decreased 36% (30% in constant currencies). Results included $1.2 billion of charges related to the sale of the Company's business in Russia and a gain of $271 million related to the Company's sale of its Dynamic Yield business. Excluding these current year net charges and prior year net gains of $98 million, primarily related to the sale of McDonald's Japan stock, consolidated operating income was flat (increased 7% in constant currencies).
- Diluted earnings per share was $1.60, a decrease of 46% (41% in constant currencies). Excluding the net charges described above of $0.90 per share and nonoperating expense of $0.05 per share related to the settlement of a tax audit in France, diluted earnings per share for the quarter was $2.55, an increase of 8% (14% in constant currencies), when also excluding prior year net pre-tax gains of $0.10 per share and income tax benefits of $0.48 per share.**
* Refer to page 4 for a definition of Systemwide sales.
** Refer to page 2 for additional details.
COMPARABLE SALES*
- U.S.: Comparable sales growth was driven by strategic menu price increases and value offerings across both our everyday menu and digital offerings.
- International Operated Markets: Strong operating performance drove positive comparable sales across the segment, led by very strong comparable sales in France and Germany.
- International Developmental Licensed Markets: The quarter reflected strong comparable sales driven by Brazil and Japan, partly offset by negative comparable sales in China due to continued COVID-19 resurgences and related government restrictions.
KEY FINANCIAL METRICS - CONSOLIDATED
Dollars in millions, except per share data
Results for the quarter and six months reflected strong operating performance driven by higher sales-driven Franchised margins. Company-operated margins were negatively impacted for both periods by the restaurant closures in Russia and Ukraine, as well as by inflationary pressures on labor and commodities. The quarter and six months also reflected an income tax benefit associated with global tax audit progression.
2
NET INCOME AND EARNINGS PER SHARE-DILUTED RECONCILIATION
Dollars in millions, except per share data
Results for 2022 included the following:
- Pre-tax charges of $1.2 billion, or $1.30 per share, for the quarter and $1.3 billion, or $1.43 per share, for the six months, related to the sale of the Company's business in Russia
- Pre-tax gain of $271 million, or $0.40 per share, for the quarter and six months, related to the Company's sale of its Dynamic Yield business
- $37 million, or $0.05 per share, for the quarter and $537 million, or $0.72 per share, for the six months, of nonoperating expense related to the settlement of a tax audit in France
Results for 2021 included the following:
- Net pre-tax gains of $98 million, or $0.10 per share, for the quarter and $233 million, or $0.23 per share, for the six months, primarily related to the sale of McDonald's Japan stock
- $364 million, or $0.48 per share, for the quarter and six months related to the remeasurement of deferred taxes as a result of a change in the U.K. statutory income tax rate
3
THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASE
Constant currency results exclude the effects of foreign currency translation and are calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation, impairment and other strategic charges and gains, as well as material regulatory and other income tax impacts, and bases incentive compensation plans on these results because the Company believes this better represents underlying business trends.
Comparable sales are compared to the same period in the prior year and represent sales at all restaurants, whether operated by the Company or by franchisees, in operation at least thirteen months including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction, natural disasters and acts of war, terrorism or other hostilities (including restaurants temporarily closed due to COVID-19, as well as those in Ukraine). Restaurants in Russia were treated as permanently closed as of April 1, 2022 and therefore excluded from the calculation of comparable sales for the quarter. Comparable sales exclude the impact of currency translation and the sales of any market considered hyper-inflationary (generally identified as those markets whose cumulative inflation rate over a three-year period exceeds 100%), which management believes more accurately reflects the underlying business trends. Comparable sales are driven by changes in guest counts and average check, the latter of which is affected by changes in pricing and product mix.
Systemwide sales include sales at all restaurants, whether operated by the Company or by franchisees. This includes sales from digital channels, which are comprised of the mobile app, delivery and kiosk at both Company-operated and franchised restaurants. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. The Company's revenues consist of sales by Company-operated restaurants and fees from franchised restaurants operated by conventional franchisees, developmental licensees and affiliates. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion.
Free cash flow, defined as cash provided by operations less capital expenditures, and free cash flow conversion rate, defined as free cash flow divided by net income, are measures reviewed by management in order to evaluate the Company's ability to convert net profits into cash resources, after reinvesting in the core business, that can be used to pursue opportunities to enhance shareholder value.
RELATED COMMUNICATIONS
This press release should be read in conjunction with Exhibit 99.2 to the Company's Form 8-K filing for supplemental information related to the Company's results for the quarter and six months ended June 30, 2022.
McDonald's Corporation will broadcast its investor earnings conference call live over the Internet at 7:30 a.m. (Central Time) on July 26, 2022. A link to the live webcast will be available at www.investor.mcdonalds.com. There will also be an archived webcast available for a limited time thereafter.
UPCOMING COMMUNICATIONS
For important news and information regarding McDonald's, including the timing of future investor conferences and earnings calls, visit the Investor Relations section of the Company's Internet home page at www.investor.mcdonalds.com. McDonald's uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information.
ABOUT McDONALD'S
McDonald's is the world's leading global foodservice retailer with nearly 40,000 locations in over 100 countries. Approximately 95% of McDonald's restaurants worldwide are owned and operated by independent local business owners.
FORWARD-LOOKING STATEMENTS
This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from expectations are detailed in the Company's filings with the Securities and Exchange Commission, including the risk factors discussed in Exhibit 99.2 to the Company's Form 8-K filing on July 26, 2022. The Company undertakes no obligation to update such forward-looking statements, except as may otherwise be required by law.
4
n/m Not meaningful
5
n/m Not meaningful
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SOURCE McDonald's Corporation | https://www.mysuncoast.com/prnewswire/2022/07/26/mcdonalds-reports-second-quarter-2022-results/ | 2022-07-26T11:54:14Z |
Great Bend coach, district employee arrested on multiple child sex crimes
GREAT BEND, Kan. (KWCH) - Great Bend police arrested a coach and employee of the school district for multiple child sex crimes on Thursday.
On Aug. 30, police received a tip through Crime Stoppers Tip regarding allegations of sexual misconduct and the sale of tobacco products involving a Great Bend sports coach and local teen students. Great Bend detectives investigated the tips and compiled more details of the report.
After conducting interviews, executing search warrants, and collecting digital evidence related to this report, investigators learned that multiple sex offenses occurred in addition to the sale of tobacco products to minors.
On Sept. 1., Bryce Hofmeister was arrested and booked into the Barton County Detention Center on charges of aggravated indecent liberties with a child, indecent solicitation of a child, sexual exploitation of a child, electronic solicitation, and contributing to a child’s misconduct.
The district issued the following statement:
Dear USD 428 families,
I am contacting you today to inform you directly about a matter we are dealing with at Great Bend Schools. Earlier today, the Great Bend Police Department arrested a substitute teacher/assistant coach for allegations involving inappropriate conduct with minors. The arrest did not take place on school grounds.
This individual has worked at GBMS and GBHS but will not return to work in our district. USD 428 will continue to cooperate fully with law enforcement officials but we cannot provide further details on the case at this time.
I want to assure you that student safety is our top priority. We work diligently every day to provide our students with a safe environment where they can learn and grow.
If you ever have concerns about the safety of your student or their learning environment, please report that immediately to school administrators and/or police. If you, or any community member, have additional information on this investigation or specific questions for law enforcement, please contact the Great Bend Police Department, at 620-793-4120, or call the anonymous tip line available 24 hours a day, 365 days a year at 620-792-1300.
While this is not the news we like to share, we want to be proactive and transparent in our communication with families.
Thank you for your ongoing support of Great Bend Schools,
Khris Thexton
Superintendent of Schools
Great Bend USD 428
This investigation is still ongoing. Anyone with any information in reference to this case is urged to contact the Great Bend Police Department at 620-793-4120 or Crime Stoppers at 620-792-1300 or online at p3tips.com.
Copyright 2022 KWCH. All rights reserved. To report a correction or typo, please email news@kwch.com | https://www.wibw.com/2022/09/02/great-bend-coach-district-employee-arrested-multiple-child-sex-crimes/ | 2022-09-02T23:14:42Z |
CHANGSHA, China, July 12, 2022 /PRNewswire/ -- This is a video report from China SCIO:
Take a look at Changsha in this video and discover its history, culture, industry, and all the best the beautiful modern city has to offer.
Charming Changsha
http://english.scio.gov.cn/videos/2022-07/12/content_78318712.htm
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SOURCE China SCIO | https://www.wibw.com/prnewswire/2022/07/12/charming-changsha/ | 2022-07-12T07:22:55Z |
NEW YORK, July 12, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
F-star Therapeutics, Inc. (NASDAQ: FSTX)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of F-star Therapeutics, Inc. (NASDAQ: FSTX), in connection with the proposed acquisition of FSTX by invoX Pharma via a tender offer. Under the terms of the merger agreement, FSTX shareholders will receive $7.12 in cash for each share of FSTX common stock owned. If you own FSTX shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/fstx
Steel Connect, Inc. (NASDAQ: STCN)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Steel Connect, Inc. (NASDAQ: STCN), in connection with the proposed transaction with Steel Partners Holdings L.P. Upon completion of the transaction, STCN shareholders will receive $1.35 and one contingent value right ("CVR") to receive their pro rata share of net proceeds, to the extent such net proceeds exceed $80 million plus certain related costs and expenses, if Steel Connect's ModusLink subsidiary is sold during the two-year period following completion of the merger. If you own STCN shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/stcn
GrandSouth Bancorporation (OTC: GRRB)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GrandSouth Bancorporation (OTC: GRRB), in connection with the proposed acquisition of GRRB by First Bancorp ("First Bancorp"). Pursuant to the merger agreement, GRRB shareholders will receive 0.910 shares of First Bancorp common stock for each GRRB share owned, representing implied per-share merger consideration of approximately $31.52 based upon First Bancorp's July 11, 2022 closing price of $34.64. If you own GRRB shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/grrb
Ocean Bio-Chem, Inc. (NASDAQ: OBCI)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Ocean Bio-Chem, Inc. (NASDAQ: OBCI), in connection with the proposed acquisition of OBCI and its affiliate, Star Brite Europe, Inc., by OneWater Marine Inc. Pursuant to the merger agreement, OBCI shareholders will receive $13.08 in cash for each share of OBCI common stock owned. If you own OBCI shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/obci
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SOURCE Weiss Law | https://www.kxii.com/prnewswire/2022/07/12/shareholder-alert-weiss-law-reminds-fstx-stcn-grrb-obci-shareholders-about-its-ongoing-investigations/ | 2022-07-12T18:48:15Z |
DALLAS (KDAF) — Are you looking for a job? Apply to work at one of the best grocery stores in the state of Texas.
H-E-B is looking for staff for its new Plano location. The chain will be hosting a job fair on Saturday, Aug. 13 from 10 a.m. to 2 p.m at Collin College (2800 E. Spring Creek Parkway).
Officials ask applicants to fill out an application before arriving to make the process faster once they arrive at the job fair.
To apply, click here. | https://cw33.com/news/local/h-e-b-hosting-job-fair-for-new-plano-location-on-aug-13/ | 2022-08-10T22:26:35Z |
‘I hope you starve now’: Daughter accused of stealing $1M from mother
HENDERSON, Nev. (KVVU/Gray News) - Police outside of Las Vegas are investigating a woman accused of stealing $1 million from her mother.
The Henderson Police Department reports Deborah Burnette faces charges of theft and exploitation of an elderly person in connection with its investigation that began on Feb. 27, 2021, reported by KVVU.
Police report the mother’s daughter-in-law said that her mother-in-law had over $1 million stolen from her bank account.
The mother said her daughter, Burnette, had stolen the money after she came to town to help take care of her ill husband, according to a warrant affidavit from Henderson police.
Burnette was verbally abusive and bullied the mother into adding her to the mother’s bank account. The bank told the mother and daughter-in-law that Burnette had wired just over $1 million out of the mother’s account, according to police documents.
When Burnette was confronted, the mother said Burnette admitted to taking the money and told her, “I hope you starve now,” and “I hope you die so I can spit on your grave,” the warrant documents said.
The mother opened a new account so her daughter couldn’t access it, and the money was frozen in Burnette’s account, the warrant said. Burnett reportedly called and threatened her mother about the account change.
Burnette told police she didn’t steal the money but was keeping it so she could “safeguard it” from her sister-in-law.
Henderson police said Burnette was booked into the detention center and currently has a court hearing scheduled for May 24.
Copyright 2022 kVVU via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/12/i-hope-you-starve-now-daughter-accused-stealing-1m-mother/ | 2022-05-12T03:41:14Z |
Highly Detailed Bratz® Minis and Real-Working Bratz® Mini Cosmetics Are the First to Join MGA's Miniverse™
CHATSWORTH, Calif., June 16, 2022 /PRNewswire/ -- The girls with a passion for fashion are at it again! MGA Entertainment (MGA), the largest and fastest growing privately held toy and entertainment company in the U.S., announced today the biggest news since the launch of its Bratz® fashion doll sensation that took the world by storm more than 20 years ago – Bratz® Minis and Bratz® Mini Cosmetics. Featuring a total of 40 different minis to collect in the first series, the new line will bring these pop culture favorites to your pocket as meticulously detailed, real working collectible minis.
"As Bratz celebrates 21 years since hitting shelves, we are so excited to launch the next big thing, Bratz Minis and Bratz Mini Cosmetics, featuring the same bold fashions, attitudes, and details but in a shrunk-down, highly detailed, collectible size," said Isaac Larian, Founder and CEO of MGA Entertainment. "The real-working features are unlike anything the industry or collectors have seen before, so get them before they sell out!"
Each Bratz Minis mystery pack includes two nearly 2-inch tall Bratz dolls in mini replica packaging, mirroring the full-sized dolls iconic classic packaging. The trapezoid-shaped package becomes the display stand for each miniature doll and fans can collect 24 different Bratz Minis in this first series.
The Bratz Mini Cosmetics includes two real working, mini cosmetics, including eye shadow, lipstick, and mascara, in a mini replica makeup bag, all inside a mystery trapezoid package that doubles as a display stand, too. There are 16 different Bratz Mini Cosmetics to collect.
Bratz® Minis and Bratz® Mini Cosmetics will be available beginning in July 2022 at U.S. retailers including Amazon, Walmart, and Target at MSRP $9.99 and globally in major markets. Follow along on Tik Tok, Instagram, and YouTube at @officialminiverse and #miniverse for news and announcements of new minis, categories, and exclusives.
Bratz Minis and Bratz Minis Cosmetics kick-off the launch of MGA's Miniverse™, the new collectible line of miniatures that brings everyone's favorite brands into the burgeoning mini collectible category. The miniature craze, which appeals to both adult collectors and kid's collectibles, has picked up steam, with more than 75 million unique videos found in a recent search featuring minis of toys and other everyday objects in all shapes, styles, and categories. MGA's Miniverse™ will continue to expand with other MGA popular toy brands, like Little Tikes®, L.O.L. Surprise!™ and Rainbow High™, and into new mini categories to satisfy the desires of collectors and kids at heart.
MGA Entertainment is the fastest growing and largest privately held toy and entertainment company in the U.S. Headquartered in Chatsworth, Calif. and with offices globally, the company creates innovative, proprietary, and licensed consumer products and entertainment, including toys, games, dolls, apparel, consumer electronics, home décor, stationery, sporting goods, movies, and television series. The MGA family includes award-winning brands such as L.O.L. Surprise!™, Little Tikes®, Rainbow High™, Shadow High™, Bratz®, MGA's Miniverse™, Na! Na! Na! Surprise™, Mermaze Mermaidz™ Color Change, Baby Born® Surprise and Zapf Creations®. For more information, please visit us at www.mgae.com or check us out at LinkedIn.
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SOURCE MGA Entertainment | https://www.wibw.com/prnewswire/2022/06/16/next-big-surprise-mga-entertainment-are-mini-sized-bratz-minis-are-here/ | 2022-06-16T12:50:56Z |
New research from The Representation Project and TRESemmé reveals effect of conflicting style expectations on women's lives and achievements
ENGLEWOOD CLIFFS, N.J., Sept. 13, 2022 /PRNewswire/ -- As America's #1 styling brand, TRESemmé knows that style is more than just a look. Style is represented by how every woman presents, speaks and acts as her authentic self. Driven by the brand's purpose to champion personal style and the power that it brings, TRESemmé announces the "Power Your Style Project," a commitment and partnership with The Representation Project, multi-platinum artist Normani, and American fashion designer Batsheva Hay to advocate for every woman's truest expression of her personal style.
TRESemmé believes that when personal style is embraced, it helps women reach their full potential. However, not all women are able to embrace their style due to "double binds" - the conflicting societal messages, images and queues that tell a woman how she is supposed to look, speak and act. Examples include being told to be more assertive but not bossy, dress to impress but don't be too bold, and speak up but not too loudly. To reveal the effects of double binds on women's personal style and professional ambitions, TRESemmé collaborated with The Representation Project, a leading global gender justice non-profit organization, on a first-of-its-kind study on double binds using both qualitative and quantitative methods. The study found:
- Two-thirds of women experience double bind messages, especially Gen Z women ages 18-24. 90% of these women report that double binds prevent them from being their authentic self.
- Nearly half of women report experiencing double binds at work, with two-in-five women reporting that double binds negatively impact their professional career/job.
- A majority of women (61%) reported they would be happier if they had more freedom to express their style.
"Women of all backgrounds face sexist double binds that inhibit our happiness and success. We face conflicting social expectations that are impossible to meet and disadvantage us in our professional and personal lives," said Dr. Caroline Heldman, Executive Director of The Representation Project. "Women shouldn't have to choose between being liked and being respected. That's why we're proud to partner with TRESemmé to raise awareness on this issue and encourage women to be their authentic selves."
To launch the program, TRESemmé is partnering with multi-platinum selling artist Normani who herself has experienced double bind criticism and has had to navigate other societal expectations throughout her career. The Representation Project found that the most common double binds prominent women* experience on social media include receiving comments that they are overly confident, yet insecure (84%) and being called lazy, while also being told that they are overly ambitious (80%).
"I know what it feels like to be criticized and doubted, which I experienced in my music career," stated Normani. "I have since started discovering who I am and am embracing this stage in my life where I am able to express myself the way I want to and not because of anybody else. By owning my personal style, it has encouraged me to continue on this path as a soloist and create a new album. I am honored to be partnering with TRESemmé, a brand that believes in championing women's personal style and the power that it brings, to officially launch their 'Power Your Style Project' and empower women everywhere to express their unique styles so they can achieve more and be their best selves."
The brand is also showcasing and celebrating women's personal styles through #MyStyleIsMyPower – a social movement that the brand kicked off on TikTok that encourages women to embrace their personal style, despite the double binds that keep them trapped in a world of seemingly wrong choices. Furthermore, TRESemmé has committed to evolve all brand content to ensure that a wide variety and diversity of styles are showcased across TRESemmé channels.
"For more than 70 years, TRESemmé has been committed to providing salon-quality products that empower every woman to embrace and define her personal style, every day," said Jessica Grigoriou, Head of Beauty Marketing and Salon & Masstige Hair Portfolio Director at Unilever NA. "As a top global brand, we have an important role and a responsibility in setting the tone in how personal style is expressed and the way we represent style. We are thrilled to be launching the 'Power Your Style Project' with our incredible partners to inspire women everywhere to embrace their personal style."
TRESemmé is a New York Fashion Week: The Shows sponsor and is providing designer partners, including Fe Noel, Christian Siriano, Mirror Palais and Batsheva, with professional stylists and innovative products to enhance each models' unique style and complement the designers' collections. On September 14th, Batsheva Hay will be participating in a panel discussion alongside Normani and TRESemmé Global Hair Stylist Justine Marjan to speak about the power of embracing personal style.
"I always dressed differently, in a way that I loved but no one else around me accepted," said Batsheva Hay, American Fashion Designer. "When I left my career as a corporate lawyer and became a wife and mother, I yearned to be able to feel more like myself and dress as I pleased. Once I started embracing my personal style, it inspired me to design for other women to empower them to feel uplifted and that's what ultimately began my career in fashion and starting my own label. Through partnering with TRESemmé for their 'Power Your Style Project,' I am continuing my mission of helping women proudly express their personal style."
To learn more about the TRESemmé "Power Your Style Project", visit here or follow @Tresemme on TikTok, Instagram, Facebook and Twitter.
Unilever is one of the world's leading suppliers of Beauty & Personal Care, Home Care, and Foods & Refreshment products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 148,000 employees and generated sales of €52.4 billion in 2021. Over half of our footprint is in developing and emerging markets. We have around 400 brands found in homes all over the world – including iconic brands like Dove, Knorr, Hellmann's, Magnum, Axe, Ben & Jerry's, Degree, Seventh Generation, St. Ives, Suave, TRESemmé, and Vaseline.
Our vision is to be the global leader in sustainable business and to demonstrate how our purpose-led, future-fit business model drives superior performance. We have a long tradition of being a progressive, responsible business. It goes back to the days of our founder William Lever, who launched the world's first purposeful brand, Sunlight Soap, more than 100 years ago, and it's at the heart of how we run our company today.
The Unilever Compass, our sustainable business strategy, is set out to help us deliver superior performance and drive sustainable and responsible growth, while:
- improving the health of the planet;
- improving people's health, confidence and wellbeing; and
- contributing to a fairer and more socially inclusive world.
While there is still more to do, in the past year we're proud to have achieved sector leadership in S&P's Dow Jones Sustainability Index, 'Triple A' status in CDP's Climate, Water and Forest benchmarks, and to be named as the top ranked company in the GlobeScan/SustainAbility Sustainability Leaders survey for the eleventh consecutive year.
For more information on Unilever U.S. and its brands visit: www.unileverusa.com
For more information on Unilever Canada and its brands visit: www.unilever.ca
*Methodology: The survey research was based on a representative, opt-in survey of 1,000 women in Canada and 1,000 women in the U.S., ages 18 - 65. This sample is representative of women in each country based on age, race/ethnicity, household income, and region. The content analysis was based on a sample of 158,615 viewer comments from the top 50 most circulated posts on Facebook and the top 50 most circulated posts on Tik Tok about the top 25 most globally prominent women. "Prominence" was determined based on search volume, total social following, number of GIFs, and search hits on Wikipedia. The list of prominent women included those from business, media and entertainment, politics and sports. More information can be found in the full report here.
The Representation Project is a leading global gender justice non-profit organization that uses films, education, and research to challenge harmful gender norms and stereotypes. In 2011, Jennifer Siebel Newsom founded The Rep Project in response to the overwhelming public demand for ongoing education in response to her first film, Miss Representation. Since then, Siebel Newsom has released three more acclaimed films, The Mask You Live In (2015) and The Great American Lie (2019), and Fair Play (2022). The organization runs educational programs in schools across the U.S. and is known for its impactful social activism campaigns-- #NotBuyingIt, #AskHerMore, and #RepresentHer.
Normani exudes and emanates the kind of confidence you can only earn. The multi-platinum chart-topping singer, songwriter, dancer, and philanthropist speaks her mind through unshakable anthems spiked with style, soul, and spirit. With sky high ambition and a work ethic to match, she consistently progresses with clarity and without compromise. The New Orleans/Texas-raised talent rose to international renown as a member of pop juggernaut Fifth Harmony, performing to sold out arenas, gathering awards, and releasing a string of multiplatinum hits. In 2018, she kickstarted her solo career with the quintuple-platinum "Love Lies" [feat. Khalid]. She joined forces with Sam Smith for 2019's "Dancing With A Stranger," reaching quadruple-platinum status and marking her second Top 10 bow on the Billboard Top 200. Following the platinum "Motivation," she linked up with Megan Thee Stallion for "Diamonds" from the blockbuster soundtrack Birds of Prey: The Album. Meanwhile, she ignited 2021 with the platinum "Wild Side" [feat. Cardi B], which ascended to #1 on Billboard's Mainstream R&B/Hip-Hop Airplay Chart. NPR predicted the latter "pushes the Fifth Harmony breakout star one step closer to pop sensation." In between tallying billions of streams, she garnered six BMI Awards, two iHeartRadio Music Awards, a MTV VMA, and a Soul Train Music Award. Along the way, she has also given back at every turn. The Cybersmile Foundation tapped her as Diversity Ambassador, while the American Cancer Society named her a Global Ambassador. Now, she embraces her poise, passion, and power like never before on a series of 2022 singles and her forthcoming full-length debut album. Normani is managed by Brandon Silverstein (S10 Entertainment, Management Division).
Queens-born Batsheva Hay started her clothing label 5 years ago after leaving her job as a lawyer and deciding to experiment with designing dresses for herself and her daughter. Growing up, Batsheva's artist mother would often take her to flea markets and vintage shops, dressing her in antique dresses, which became Batsheva's uniform throughout her time at Stanford University and Georgetown Law School. After leaving her job at a big law firm, she began to redesign some vintage dresses, which were worn to bits, and quickly became obsessed with the design process. She bought her fabrics on eBay and at quilting shops, and she still uses vintage and limited-run cotton quilting fabric to make her clothing. Batsheva initially made a small collection of four matching mother-daughter dresses and set up a simple website. As her dresses got more attention from magazines and retailers, her collections grew. Now she designs four collections a year and sells to retailers such as Net-a-Porter, Matchesfashion, and Saks. Batsheva lives on the Upper West Side with her husband, photographer Alexei Hay, who she collaborates with on brand imagery, and their two children.
Media contact
Lauren Beene
lbeen@webershandwick.com
212-537-8733
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SOURCE TRESemmé | https://www.wibw.com/prnewswire/2022/09/13/tresemm-partners-with-multi-platinum-selling-artist-normani-american-fashion-designer-batsheva-hay-launch-power-your-style-project/ | 2022-09-13T14:42:18Z |
Sulphur, Davis prepare for Murray County Bedlam
Published: Sep. 8, 2022 at 10:08 PM CDT|Updated: 15 minutes ago
SULPHUR, Okla. (KXII) - The Sulphur Bulldogs and Davis Wolves are gearing up for one of Texoma’s favorite rivalries, Murray County Bedlam.
With the history and tradition of these two programs, these meetings are must watch every year. The Bulldogs will have the home field to host their long-time rivals from Davis.
Sulphur started with a loss to Washington, the top ranked team in 2A, in a close game. They are looking to bounce back, but they may have to do it without legendary coach Jim Dixon, who could miss the game due to illness.
Davis started out with a win against Pauls Valley. The Wolves are coming off a strong start on opening night and are gearing up for the challenge of playing nearby Sulphur.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/09/09/sulphur-davis-prepare-murray-county-bedlam/ | 2022-09-09T03:25:08Z |
Former Newsela Product Executive Will Drive Innovation for the Instructure Learning Platform
SALT LAKE CITY, June 17, 2022 /PRNewswire/ -- Instructure, the maker of Canvas, today announced that Shiren Vijiasingam has been named the company's new chief product officer, effective June 20th. Vijiasingam will play a pivotal role in building the Instructure Learning Platform and driving growth through product adoption. As the company delivers on its core mission of elevating student success, amplifying the power of teaching, and inspiring everyone to learn together, his vision and focus on innovation in education technology will be instrumental.
Shiren steps into a role that Mitch Benson filled for close to eight years and will continue to make great impacts as our Chief Strategy Officer overseeing global strategy for both Higher Ed and K-12. Mitch led the product function during a critical period of growth and now leads a new team focused on delivering a unified vision to support Instructure's major growth initiatives including corporate development, M&A, and partnerships alongside the work Vijiasingam will be doing on product.
Vijiasingam joins Instructure with over two decades of product experience and more than ten years in education technology. He previously served as Chief Product Officer, both at Newsela, a K-12 content platform and General Assembly, the pioneer of career transformation education.
"Shiren's customer-centric approach to product development will ensure that we drive innovation in Canvas and Instructure's other core products as we enhance our broader solution strategy," said Steve Daly, CEO of Instructure. "His data-driven approach to product development and track record of discovering winning solutions will accelerate our strategy as we enter a stage of hyper growth."
At Newsela, Vijiasingam led the launch of 3 new product lines driving double-digit revenue growth. As the pandemic impacted educational institutions, he was the architect of the product-led growth strategy that culminated in the signing of the largest districts in the company's history. Additionally, he drove M&A strategy and oversaw the release of new content forms including interactive videos and ready-to-teach lessons. Under Vijiasingam's leadership, the company saw peak weekly usage growth every year, even in post-pandemic years.
While leading the product function at General Assembly, Vijiasingam and his team built a digital product experience that improved user engagement, drove exponential revenue growth, and increased renewals, which contributed to the company's sale to staffing firm Adecco in 2018. He also helped lead General Assembly's software-led shift from a solely consumer-focused retail business to enterprise SaaS products and services.
"I'm excited to join Instructure and their talented, mission-driven team, to pursue their goal to empower educators and reach learners with highly-engaging experiences," said Vijiasingam. "The company is perfectly positioned to further disrupt the industry through the addition of transformational new products to its powerful Instructure Learning Platform."
Instructure (NYSE: INST) is an education technology company dedicated to elevating student success, amplifying the power of teaching, and inspiring everyone to learn together. Today the Instructure Learning Platform supports tens of millions of educators and learners around the world. Learn more at www.instructure.com.
This press release contains "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the potential, timing, and examples of any strategic alternatives. These statements are not guarantees of future performance, but are based on management's expectations as of the date of this press release and assumptions that are inherently subject to uncertainties, risks, and changes in circumstances that are difficult to predict. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements. Important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements include the risk factors described in the Company's initial public offering prospectus filed with the Securities and Exchange Commission (the "SEC") on July 23, 2021, and other documents filed with the SEC and could cause actual results to vary from expectations. All information provided in this press release is as of the date hereof and Instructure undertakes no duty to update this information except as required by law.
Brian Watkins
Corporate Communications
Instructure
801-610-9722
brian.watkins@instructure.com
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SOURCE Instructure | https://www.kxii.com/prnewswire/2022/06/17/instructure-names-shiren-vijiasingam-chief-product-officer/ | 2022-06-17T12:23:36Z |
Highlights
- SQM will hold a hybrid Investor Day virtually and at the New York Stock Exchange on September 15, 2022. For more information or to register please visit https://sqm.connectid.cloud/.
- As a result of our operations during the first half of the year, over US$2.2 billion will go to public coffers.
- SQM reported net income for the six months ended June 30, 2022 of US$1,655.4 million.
- Earnings per share totaled US$5.80 for the first half of 2022, higher than the US$0.55 reported for the first half of 2021.
- Revenues for the first half of 2022 were US$4,618.6 million.
SQM will hold a conference call to discuss these results on Thursday, August 18, at 12:00pm ET (12:00pm Chile time).
Participant Dial-In (Toll Free): 1-855-238-1018
Participant International Dial-In: 1-412-542-4107
Webcast: https://services.choruscall.com/links/sqm220818.html
SANTIAGO, Chile, Aug. 17, 2022 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) today reported earnings for the six months ended June 30, 2022 of US$1,655.4 million (US$5.80 per share), an over 940% increase from US$157.8 million (US$0.55 per share) reported for the six months ended June 30, 2021. Gross profit reached US$2,462.1 million (53.3% of revenues) for the six months ended June 30, 2022, 663% higher than US$322.5 million (28.9% of revenues) recorded for the six months ended June 30, 2021. Revenues totaled US$4,618.6 million for the six months ended June 30, 2022, representing an increase of 314% compared to US$1,116.5 million reported for the six months ended June 30, 2021.
The Company also announced earnings for the second quarter of 2022 of US$859.3 million (US$3.01 per share), an increase of 857% compared to US$89.8 million (US$0.31 per share) for the second quarter of 2021. Gross profit for the second quarter of 2022 reached US$1,297.4 million, 598% higher than the US$185.9 million recorded for the second quarter 2021. Revenues totaled US$2,598.8 million for the second quarter 2022, an increase of approximately 342% compared to US$588.0 million for the second quarter of 2021.
SQM's Chief Executive Officer, Ricardo Ramos, stated: "We are very pleased with our results for the first half of the year. These results were related to favorable market conditions related to fertilizers, iodine and lithium and decades of investment, hard work, R&D and know-how. In fact, this year we are celebrating 25 years in the lithium industry. During this time, we have become a great partner to the government in this "public-private" alliance with CORFO. As a result of our operations during the first half of the year, over US$2.2 billion are going to public coffers due to the lithium operations. More than financial contributions, we are content that we have been able to develop the Salar de Atacama in such a way that we have become a world-renowned, integrated producer of value-added lithium products in Chile that are directly used in cutting edge batteries all over the world creating value to the local surrounding communities. All of this through a successful public-private partnership."
He closed by saying: "We are close to reach 180,000 metric tons of lithium carbonate capacity and as mentioned previously, we are not stopping there. Today, we are working to complete a lithium carbonate capacity of 210,000 metric ton of sought after, top quality, value-added product which will be produced right here in Chile. We remain committed to reducing our usage of brine and water through technology and continuous innovation. This new capacity will let us produce high value-added lithium products to power more than 5 million electric vehicles."
SQM is a global company that is listed on the New York Stock Exchange and the Santiago Stock Exchange (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A). SQM develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development. We aim to maintain our leading world position in the lithium, potassium nitrate, iodine and thermo-solar salts markets.
For further information, contact:
Gerardo Illanes 56-2-24252022 / gerardo.illanes@sqm.com
Kelly O'Brien 56-2-24252074 / kelly.obrien@sqm.com
Irina Axenova 56-2-24252280 / irina.axenova@sqm.com
For media inquiries, contact:
Maria Ignacia Lopez / ignacia.lopez@sqm.com
Pablo Pisani / pablo.pisani@sqm.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "plan," "believe," "estimate," "expect," "strategy," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make concerning the Company's capital expenditures, financing sources, Sustainable Development Plan, business outlook, future economic performance, anticipated profitability, revenues, expenses, or other financial items, anticipated cost synergies and product or service line growth.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are estimates that reflect the best judgment of SQM management based on currently available information. Because forward-looking statements relate to the future, they involve a number of risks, uncertainties and other factors that are outside of our control and could cause actual results to differ materially from those stated in such statements, including our ability to successfully implement the Sustainable Development Plan. Therefore, you should not rely on any of these forward-looking statements. Readers are referred to the documents filed by SQM with the United States Securities and Exchange Commission, specifically the most recent annual report on Form 20-F, which identifies other important risk factors that could cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements are based on information available to SQM on the date hereof and SQM assumes no obligation to update such statements, whether as a result of new information, future developments or otherwise, except as required by law.
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SOURCE Sociedad Quimica y Minera de Chile, S.A. (SQM) | https://www.kxii.com/prnewswire/2022/08/18/sqm-reports-earnings-six-months-ended-june-30-2022/ | 2022-08-18T04:10:38Z |
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL
BRIDGETOWN, Barbados, Sept. 12, 2022 /PRNewswire/ -- This announcement is a supplement to the announcement of the Government of Barbados (the "Offeror") dated 9 September 2022 to make the below clarification.
Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum dated 9 September.
The Offeror wishes to clarify that, pursuant to the Conditions, Notes repurchased following completion of the Offer may only be cancelled by the Offeror on or after 1 October 2024. Prior to 1 October 2024, the Offeror may hold, reissue or resell the repurchased Notes. A proposal to cancel the Notes prior to 1 October 2024 would require an extraordinary resolution of the Noteholders to be passed.
All documentation relating to the Offer including the Tender Offer Memorandum and any amendments or supplements thereto will be available to Noteholders via the website for the Offer accessible at: www.dfking.com/barbados. The Offer is subject to offer and distribution restrictions in, among other countries, the United Kingdom, Italy and Belgium, as described below.
Disclaimer
This supplemental announcement does not contain the full terms and conditions of the Offer. The terms and conditions of the Offer are contained in the Tender Offer Memorandum, and are subject to the Offer and distribution restrictions set out below and more fully described therein.
Further information
Credit Suisse Securities (USA) LLC and CIBC World Markets Corp. have been appointed by the Offeror to serve as dealer managers (the "Dealer Managers") for the Offer. D.F. King (the "Information and Tender Agent") has been appointed by the Offeror to act as the information and tender agent in connection with the Offer.
For additional information regarding the terms of the Offer, please contact Credit Suisse Securities (USA) LLC by telephone at (800) 820-1653; Collect: (212) 538-2147 and by email at Americas.LM@credit-suisse.com and CIBC World Markets Corp. by telephone at (212) 455-6427 by email at Andrew.W.Lee@cibc.com.
Requests for documents and questions regarding the tender of Notes may be directed to the Information and Tender Agent D.F. King & Co., Inc. via:
Banks & Brokers Call: (212) 269-5550
Toll free: (866) 342-4881
Email: barbados@dfking.com
A copy of the Tender Offer Memorandum is available on the tender offer website accessible at www.dfking.com/barbados.
Neither this supplemental announcement nor the Tender Offer Memorandum constitutes an offer to participate in the Offer in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such offer or for there to be such participation under applicable securities laws. The distribution of the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession the Tender Offer Memorandum comes are required by the Offeror, the Dealer Managers and the Information and Tender Agent to inform themselves about, and to observe, any such restrictions.
Nothing in this supplemental announcement or the Tender Offer Memorandum or the electronic transmission thereof constitutes an offer to sell or the solicitation of an offer to buy the New Notes in the United States or any other jurisdiction.
The communication of the Tender Offer Memorandum and any other documents or materials relating to the Offer are not being made, and such documents and/or materials have not been approved, by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000 (the FSMA). Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials is exempt from the restriction on financial promotions under section 21 of the FSMA on the basis that it is only directed at and may be communicated to (1) those persons who are existing creditors of the Offeror within Article 43(2) of the FSMA (Financial Promotion) Order 2005, as amended, and (2) to any other persons to whom these documents and/or materials may lawfully be communicated.
Neither the Tender Offer Memorandum nor any other documents or materials relating to the Offer have been, or will be, submitted to or notified to, or approved by, the Belgian Financial Services and Markets Authority (Autorité des services et marchés financiers/Autoriteit voor Financiële Diensten en Markten) and, accordingly, the Offer may not be made in Belgium by way of a public offering, as defined in Article 3 of the Belgian Law of 1 April 2007 on takeover bids (loi relative aux offres publiques d'acquisition/wet op de openbare overnamebiedingen), as amended or replaced from time to time.
Accordingly, the Offer may not be, and are not being advertised, and the Tender Offer Memorandum, as well as any brochure, or any other material or document relating thereto (including any memorandum, information circular, brochure or any similar document) may not, have not and will not be distributed, directly or indirectly, to any person located and/or resident within Belgium, other than those who qualify as qualified investors (investisseurs qualifiés/qekwalificeerde beleggers), within the meaning of Article 2, e), of the Prospectus Regulation acting on their own account. Accordingly, the information contained in the Tender Offer Memorandum or in any brochure or any other document or material relating thereto may not be used for any other purpose, including for any offering in Belgium, except as may otherwise be permitted by law, and shall not be disclosed or distributed to any other person in Belgium.
The Tender Offer Memorandum and any other documents or materials relating to the Offer are only addressed to and are only directed at qualified investors within the meaning of the Prospectus Regulation in France. Each person in France who receives any communication in respect of the Offer contemplated in the Tender Offer Memorandum and any other documents or materials relating to the Offer will be deemed to have represented, warranted and agreed to and with the Dealer Managers and the Offeror that it is a qualified investor within the meaning of Article 2(e) of the Prospectus Regulation.
In any European Economic Area ("EEA") Member State, this announcement and the Tender Offer Memorandum are only addressed to, and are only directed at, "qualified investors" (as defined in Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, as amended (the "Prospectus Regulation")) in that Member State.
Each person in a Member State of the EEA who receives any communication in respect of the Offer contemplated in this supplemental announcement and the Tender Offer Memorandum will be deemed to have represented, warranted and agreed to and with each Dealer Manager and the Offeror that it is a qualified investor within the meaning of the Prospectus Regulation.
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SOURCE Government of Barbados | https://www.kxii.com/prnewswire/2022/09/12/government-barbados-announcement-supplemental-its-announcement-dated-9-september-2022/ | 2022-09-12T16:47:44Z |
Genstar partnered with management to transform BBB into a global sustainable manufacturer serving automotive, industrial and renewable energy markets
SAN FRANCISCO, July 28, 2022 /PRNewswire/ -- Genstar Capital, a leading private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software industries, today announced that it has completed the sale of BBB Industries, LLC (BBB), a leading sustainable manufacturer of non-discretionary automotive, industrial, energy storage, and solar parts, to Clearlake Capital Group, L.P. Genstar will retain a minority ownership stake in BBB.
In 2018, Genstar acquired BBB and in partnership with management sought to expand its ESG impact from sustainable manufacturing processes solely in the automotive aftermarket into new segments to support renewable energy. Notably, the company's newest division, TerrePower, utilizes manufacturing processes that transform an original part that has lived through its first useful life into a sustainably manufactured part that has a second or even third life. Electric vehicle batteries that fail and degrade over time are now given additional life in a battery electric vehicle or in stationary storage and solar panels once destined for landfills are now sustainably manufactured and put back into use. BBB does business in 64 countries through five divisions with multiple sustainable manufacturing facilities and distribution centers located throughout North America and Europe.
Duncan Gillis, CEO of BBB, said, "We extend and improve the useful life of critical parts and at the same time prevent materials from entering the waste stream by sustainably manufacturing products for a second life. We are proud to be a carbon neutral manufacturer with a focus on reusing products to reduce waste and protect the environment while providing valuable components and service to our customers. Genstar has been a great partner over these past several years and we are pleased to continue with them given their ongoing investment in the company."
"At the time we acquired BBB, the company was already having a meaningful impact on sustainability within the automotive aftermarket, but we saw an opportunity to make that impact much broader across other segments of the economy. Our goal was to help transform the company through strategic acquisitions to expand its product portfolio, build its geographic footprint in Europe and develop BBB's sustainable manufacturing capabilities into electric vehicles and renewable energy. The company has succeeded on all fronts. ESG factors are a key consideration in all Genstar investments and we are encouraged with BBB offsetting approximately 100,000 metric tons of carbon emissions annually. We thank BBB's management team for their leadership and strategic vision over the past four years and are excited to continue as investors in the company," said Rob Rutledge, Managing Director at Genstar.
BBB Industries, LLC is an industry leader in the sustainable manufacturing of starters, alternators, hydraulic and air disc brake calipers, hydraulic and electronic power steering products, and turbochargers for the OEM, passenger, industrial, and commercial vehicle aftermarket industries. Through Industrial Metalcaucho, S.L.U., BBB also supplies the automotive aftermarket with an assortment of rubber, metal, and rubber-to-metal products across more than 64 countries. Through its newest division, TerrePower, BBB brings its sustainable manufacturing process to the electric vehicle and renewable energy sectors. Founded in 1987, BBB Industries, LLC is a private company headquartered in Daphne, Alabama. Please see www.bbbind.com for more information.
Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $35 billion of assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrials, and software industries.
Genstar Capital
Chris Tofalli Public Relations
Chris Tofalli
914-834-4334
chris@tofallipr.com
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SOURCE Genstar Capital | https://www.wibw.com/prnewswire/2022/07/28/genstar-completes-sale-bbb-industries-clearlake/ | 2022-07-28T11:30:30Z |
SYOSSET, N.Y., Sept. 8, 2022 /PRNewswire/ -- DEIJI is making its debut at NYFW. Partnering with Flying Solo, DEIJI will showcase its signature line featuring the Cleopatra and the Elizabeth I on September 10th at 10 am for Flying Solo's "Ones to Watch" event. DEIJI has already launched its website DEIJI.com along with partnering with Flying Solo at their flagship store in NYC. DEIJI's entire line is also available through Flying Solo's website under DEIJI DESIGN.
Legendary designer Mark Schwartz has partnered with DEIJI.com as their Creative Director. Schwartz is renowned as a designer to the stars.
DEIJI's signature line is inspired by royal lineage, specifically Ancient Egyptian history and the Tudor dynasty. Regarding the Cleopatra Schwartz states, "I was truly inspired by the earth tones implemented through the [Egyptian's] hieroglyphics. Architecture, both elemental and industrial, really inspire a lot of my work, " The Cleopatra is also available in brown and black leather as an option.
The Elizabeth I, the other all-leather tote bag in DEIJI 's signature collection implements the same architectural aspects. Black square patterned, with pumpkin, beige and red tones, this tote bag was also inspired by an oil-based canvas Schwartz created. The bag's name is derived from Queen Elizabeth I's fiery red hair; she is one of the longest-ruling monarchs in European history and the daughter of Henry VIII. The Elizabeth I is also available in brown and black leather as an option.
DEIJI's Viola arrow sneaker, which incorporates soft gray leather with pink gemstones shaped into an arrow, as well as the Black Rose, which are perforated moon sneakers, will also be showcased during the Flying Solo event. These sneakers represent luxury and comfort and give a taste of DEIJI's other elegant shoe wear.
DEIJI's belts, the Iris, the Lioness, and the Lily, which are all leather, will also be pieced with other DEIJI line items.
"This is the first time the public, in general, will be able to see DEIJI up close and personal," Schwartz explains. "It gives people the opportunity to find out what DEIJI is all about, which is the creation of elegance through beauty," he further clarifies.
"The brand is fun and intelligently designed, and DEIJI is honored to be able to showcase our line during New York Fashion Week," Schwartz concludes.
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SOURCE DEIJI | https://www.kxii.com/prnewswire/2022/09/08/deijicom-is-debuting-new-york-fashion-week-during-flying-solos-ones-watch-fashion-event/ | 2022-09-08T19:49:12Z |
Actor Sacha Baron Cohen has defeated an appeal brought by former Alabama judge Roy Moore, who claimed the British comedian had defamed him in a program where he falsely accused Moore of being a pedophile.
Actor Sacha Baron Cohen has defeated an appeal brought by former Alabama judge Roy Moore, who claimed the British comedian had defamed him in a program where he falsely accused Moore of being a pedophile.
The three judge panel in the 2nd US Circuit Court of Appeals in Manhattan unanimously ruled Thursday to throw out the $95 million lawsuit from Moore and his wife against Cohen, Showtime and its corporate owner, CBS, over a segment of the "Who Is America?" program, which aired on Showtime in 2018.
During the segment, Cohen interviewed Moore, the former Chief Justice of the Supreme Court of Alabama and controversial Republican who lost a special election to fill the US Senate seat vacated by Jeff Sessions, under the ruse of receiving a prize in honor of his support for the state of Israel.
Baron Cohen presented himself as an Israeli anti-terrorism expert and former intelligence agent in the segment, during which he showed news clips reporting allegations from the time of Judge Moore's Senate campaign that he had engaged in sexual misconduct. (Moore denied the allegations.)
In character, Baron Cohen described a fictional "pedophile detector." During the episode, the device -- which looks like a hand-held metal detector -- was shown beeping near Moore, implying that he was a pedophile. Moore walked out of the interview.
In its decision, the Second Circuit said Judge Moore signed a release waiver ahead of the interview, the plain text of which barred Moore from future claims for defamation, intentional infliction of emotional distress, and fraud. The court also agreed with a lower court, "that the segment at issue was clearly comedy and that no reasonable viewer would conclude otherwise."
"Humor is an important medium of legitimate expression and central to the well-being of individuals, society, and their government," the ruling stated.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/sacha-baron-cohen-wins-defamation-appeal-brought-by-roy-moore/article_fdbe9ca3-d405-5813-8971-d49ca6269fbb.html | 2022-07-08T16:11:00Z |
FORT WORTH (KDAF) — The Fort Worth Zoo is gearing up for the back-to-school season. Join the zoo on Aug. 4 from 5 p.m. to 7 p.m. for the last ‘summer soiree’ before the kiddos go back to school.
During this back-to-school member event, grab a tasty ice-cream treat in the Reserve and visit the Elephant Springs and African Savanna after hours.
Tickets are now on sale, with prices set at $5 per guest. Toddlers (2-years-old and younger) get in for free. Tickets must be purchased online.
Officials say Savanna Grill and Savanna Snacks will be open for food and beverage purchases. For more information, visit fortworthzoo.org. | https://cw33.com/news/local/fort-worth-zoo-hosting-back-to-school-member-event-on-aug-4/ | 2022-07-29T17:26:20Z |
HIA TOPICS delivers library of medically authenticated answers
ALPHARETTA, Ga., June. 5, 2022 /PRNewswire/-- The Hispanic Health Coalition of Georgia today announced the launch of a partnership with HIA Technologies, Inc™. This important development is part of a larger strategic plan to expand efforts to reach and improve the effectiveness in serving the Hispanic/Latino community. It will also serve other minority, underserved, and socio-economically challenged populations. The interactive education platform, HIA TOPICS™ will be leveraged to reduce misinformation, increase engagement, and improve health literacy. Leveraging 20+ years of academic research in human/computer interaction, digital humans, and advanced AI technologies, HIA TOPICS allows health providers to create their own virtual learning environments, eliminates barriers to medically validated information, and connects patients to real-time answers from their physician via conversational AI.
Shirley E. "Bella," Borghi, HHCGA Executive Director, said this about the partnership with HIA:
"The HHCGA has long regarded education as a critical strategic component in the quest to promote awareness and facilitate access to healthcare services and available benefits. By partnering with HIA, the HHCGA can now deliver a library of healthcare topics, sourced from known and respected subject matter experts to the Hispanic/Latino community. HIA TOPICS represents an extraordinary opportunity for underserved communities to have answers to health questions, and to do so in an interactive virtual learning environment."
With HIA TOPICS, clinicians deploy physician-authored education from a library of healthcare topics. Digital agents then host interactive presentations during which patients can ask questions and hear their physician's answers, thanks to physician-controlled AI.
CEO Vacit Arat states, "Our method of matching physician-authored responses to real-time patient questions simulates live interactions with pinpoint accuracy." He adds, "Patients get trusted information from the source, stop error-prone internet searches, and reconnect with their providers from the safety of home. HHCGA is a perfect example of how organizations that are committed to health equity can leverage cutting-edge technology that is both inclusive and accessible."
For HHCGA, the goal of the program is to explore the utility and impact of HIA TOPICS on patients, and measure potential improvements in efficiency and adherence to or adoption of medical protocols. Some specific use outcomes that are being collected include: quantitative and qualitative data to address the impact of social determinants on underserved populations, with a focus on the Hispanic/Latino population and ultimately justify their Extension For Community Healthcare Outcomes (Echo) model, which would support peer collaboration, network building, and capacity resilience throughout the public health workforce.
HHCGA's implementation of HIA TOPICS focused first on increasing awareness for screening exams related to Colonoscopy and Mammography. Colon cancer and breast cancer kill a disproportionate number of Hispanic/Latino and Black Americans every year. As cited by the American Cancer Society, 176,000 new cancer cases will be diagnosed within our Hispanic/Latino population, resulting in 46,500 deaths each year, and 224,080 new cancer cases will be diagnosed within the Black community resulting in 73,680 deaths each year. With early screening and detection, the survival rate of these cancers is dramatically increased for better health outcomes. By providing trustworthy education designed to specifically reach these audiences, HHCGA plans to publish results from this program in a whitepaper this summer.
About HIA Technologies
HIA Technologies, Inc. was founded with the mission to vastly expand the ways businesses reach their audiences, allowing them to participate in intimate, personalized, conversations in an efficient, precise, and low-cost manner. HIA's Embodied AI technology is a transformative user interface that allows artificially intelligent interactive characters to conduct sophisticated conversations with people, educate them, ask and answer questions, and report back on the interactions. A result of 20+ years of research in human-computer interaction, digital humans, AI, and XR, HIA's products allow businesses to quickly create and deploy conversations at scale, opening the door to endless engagement opportunities.
About The HHCGA
The Hispanic Health Coalition of Georgia, ("HHCGA"), is a 501(c)3 non-profit corporation, with more than
35 years dedicated to serving the Hispanic/Latino and under-served populations throughout the State of Georgia. The HHCGA is Georgia's only statewide organization focused on Hispanic/Latino Chronic Disease prevention and better health outcomes. It offers direct community services and support activities to improve the health of Georgia Latinos. As an expert in community health promotion, education, policy, and health advocacy, HHCGA creates high-quality, culturally sensitive, and linguistically appropriate health care and prevention services for their community.
Media Contact
Jolean Sheffield
VP Content and Marketing JSheffield@Hia.ai www.HIA.AI
Ossie Williams
Director of Communications/PR
owilliams@hhcga.org
https://www.hhcga.org/
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SOURCE Hispanic Health Coalition of GA | https://www.kxii.com/prnewswire/2022/06/05/hispanic-health-coalition-georgia-launches-hia-topics-promote-health-equity/ | 2022-06-05T23:08:12Z |
CAMERON — Services for Lucille Teresa Schoellmann Labay, 81, of Milano will be 2 p.m. today at St. Mary’s Church in Nada.
Burial will be in St. Mary’s Cemetery.
Mrs. Labay died Sunday, April 3, at her residence.
She was born Oct. 8, 1940, in Nada to Mary and Frederick Schoellmann. She married Louis Labay in 1960. She was a registered nurse.
She was preceded in death by her husband.
Survivors include four children, Dominic Labay, Lorrie Korenek, Lyle Labay and Amy Griffin; two brothers, Jim Schoellmann and Ed Schoellman; two sisters, Jean Leopold and Helen Deason; 18 grandchildren; and 20 great-grandchildren.
Marek-Burns-Laywell Funeral Home in Cameron is in charge of arrangements. | https://www.tdtnews.com/obituaries/article_bf6735c8-b5eb-11ec-b1ff-03f7d4ddfc26.html | 2022-04-07T07:59:24Z |
Housekeepers struggle as US hotels ditch daily room cleaning
By JENNIFER SINCO KELLEHER and ANITA SNOW
Associated Press
HONOLULU (AP) — After guests checked out of a corner room at the Hilton Hawaiian Village resort on Waikiki beach, housekeeper Luz Espejo collected enough trash, some strewn under beds, to stuff seven large garbage bags.
She stripped the linens from the beds, wiped built-up dust off furniture and scrubbed away layers of grime on the toilet and bathtub. She even got on her hands and knees to pick confetti from the carpet that a heavy-duty vacuum failed to swallow up.
Like many other hotels across the United States, the Hilton Hawaiian Village has done away with daily housekeeping service, making what was already one of the toughest jobs in the hospitality industry even more grueling.
Industry insiders say the move away from daily cleaning, which gained traction during the pandemic, is driven by customer preferences. But others say it has more to do with profit and has allowed hotels to cut the number of housekeepers at a time when many of the mostly immigrant women who take those jobs are still reeling from lost work during coronavirus shutdowns.
Many housekeepers still employed say their hours have been cut and they are being asked to do far more work in that time.
“It’s a big change for us,” said Espejo, a 60-year-old originally from the Philippines who has cleaned rooms at the world’s largest Hilton for 18 years, minus about a year she was laid off during the pandemic. “We are so busy at work now. We cannot finish cleaning our rooms.”
Before the pandemic there were 670 housekeepers working at Espejo’s resort. More than two years later, 150 of them haven’t been hired back or are on-call status, spending each day from 5:30 a.m. to 10 a.m. waiting for a phone call saying there’s work for them. The number not hired back or on call stood at 300 just a few weeks ago.
“This is all about more money in the owners’ pocket by putting a greater workload on the frontline workers and eliminating jobs,” said D. Taylor, president of UNITE HERE, a union representing hotel workers.
While some hotels started experimenting with less frequent cleaning in the name of sustainability, it became far more widespread early in the pandemic, when to promote social distancing and other safety protocols, many hotels switched to offering room cleaning only if a guest requested, and sometimes only after staying a certain number of days. Guests were instructed to leave trash outside their door and call the front desk for clean towels.
But even as safety restrictions fade and demand picks up as the country enters peak travel season, many hotels are keeping their new cleaning policies in place.
A spokesperson for the Hilton Hawaiian Village said no Hilton representative was available for an interview about such policies at any Hilton property. Representatives for several major hotel chains, including Marriott and Caesars Entertainment, either declined to be interviewed or didn’t respond to Associated Press requests for comment.
Chip Rogers, president and CEO of the American Hotel & Lodging Association, a trade group whose members include hotel brands, owners and management companies, said it was the demands of guests — not hotel profits — that guided decisions about pandemic housekeeper services.
“A lot of guests, to this day, don’t want people coming into their room during their stay,” he said. “To force something onto a guest that they don’t want is the antithesis of what it means to work in the hospitality industry.”
The pandemic changed the standard of most hotel guests wanting daily cleaning, he said, adding it’s not yet clear if that will result in a permanent shift.
Housekeeping policies vary based on the type of hotel, Rogers said, with luxury hotels tending to provide daily housekeeping unless guests opt out.
Ben McLeod, of Bend, Oregon, and his family didn’t request housekeeping during a four-night stay at the Westin Hapuna Beach Resort on Hawaii’s Big Island in March.
“My wife and I just have never really understood why there would be daily housekeeping … when that’s not the case at home and it’s wasteful,” he said.
He said he expects his kids to tidy up after themselves.
“I’m a Type-A, so I get out of bed and I make my bed, so I don’t need someone else to make my bed,” he said.
Unionized hotel workers are trying get the message out that turning down daily room cleaning is hurting housekeepers and threatening jobs.
Martha Bonilla, who has spent 10 years working at the Caesars Atlantic City Hotel & Casino in New Jersey, said she wants guests to ask for daily cleaning, noting it makes her job less difficult. Even though hotels in New Jersey are required by law to offer daily cleaning, some guests still turn it down.
“When I come home from work now, the only thing I want to do is go to bed,” said Bonilla, originally from the Dominican Republic and a single mother of a 6-year-old daughter. “I am physically exhausted.”
It’s not just partying guests like the ones who threw confetti around in Hawaii that leave behind filthy rooms, housekeepers say. Even with typical use, rooms left uncleaned for days become much harder to restore to the gleaming, pristine rooms guests expect when they check in.
Elvia Angulo, a housekeeper at the Oakland Marriott City Center for 17 years, is the main breadwinner in her family.
For the first year of the pandemic, she worked a day or two a month. She has regained her 40 hours a week, but with rooms no longer cleaned daily the number of people working each shift has been cut in half, from 25 to 12.
“Thank God I have seniority here so I now have my five days again, and my salary is the same,” said Angulo, 54, who is from Mexico. “But the work really is now harder. If you don’t clean a room for five days you have five days of scum in the bathrooms. It’s scum over scum.”
Many housekeepers still aren’t getting enough hours to qualify for benefits.
Sonia Guevara, who has worked at a Seattle Hilton for seven years, used to really enjoy the benefits at her job. But since returning to work after being laid off for 18 months, she hasn’t qualified for health insurance.
“At first I was thinking to get a new job, but I feel like I want to wait,” she said. “I want to see if my hours change at the hotel.”
She said there are few other job options with hours conducive for having two children in school.
Now politicians are picking up on the issue, including Hawaii state Rep. Sonny Ganaden, who represents Kalihi, a Honolulu neighborhood where many hotel workers live.
“Almost every time I talk to people at their doors, I meet someone who works in a hotel and then we talk about how they are overworked and what is happening and working conditions,” he said. “You’ve got a lot of first- and second-generation immigrant folks that are kind of left high and dry by these non-daily room cleaning requirements.”
Ganaden is among the lawmakers who introduced a resolution requesting Hawaii hotels “immediately rehire or recall employees who were laid off or placed on leave” because of the pandemic.
If that’s not enough, Ganaden said he would be open to more forceful measures like some other places have taken.
Washington, D.C.’s city council in April passed emergency legislation requiring hotels in the district to service rooms daily unless guests opt-out.
Amal Hligue, an immigrant from Morocco, hopes the rules mean more hours at the Washington Hilton where she has worked for 22 years. She needs them so her husband can get health insurance.
“I hope he has this month because I worked last month,” she said.
At 57 years old, she doesn’t want to find a new job. “I’m not young, you know,” she said. “I have to stay.”
___
Snow reported from Phoenix. | https://localnews8.com/news/ap-national/2022/05/25/housekeepers-struggle-as-us-hotels-ditch-daily-room-cleaning/ | 2022-05-26T09:20:46Z |
‘New normal’ for 8-year-old twin wounded in July 4 shooting
(AP) - Sports-loving Cooper Roberts and his 8-year-old twin brother, Luke, loved the Fourth of July parade in their bucolic Chicago suburb.
But now the family is envisioning a “new normal” for Cooper who was struck in the chest in a hail of gunfire that left dozens of others wounded and seven dead when a gunman opened fire on the parade in Highland Park, said Tony Loizzi, a family spokesperson, during a Zoom call with reporters Thursday.
Luke and the boys’ mother, Keely Roberts, who is the superintendent of the 2,300-student Zion Elementary School District, also were hurt but not as seriously. Only the boys’ father, Jason Roberts, was unscathed.
Already, Cooper has undergone several surgeries, and is on a ventilator at the University of Chicago Comer Children’s Hospital, his spine severed and his condition critical. He is unconscious and unable to speak to his family, Loizzi said.
“It sounds as if that he’ll have significant issues moving forward,” he explained. The family later confirmed that Cooper was paralyzed from the waist down.
Luke, who was struck by shrapnel, is home. But some of the shards remain in his body because removing them would cause too much damage, Loizzi said. The twins are the youngest of six, and their four older sisters — ages 18 to 26 — are doting on Luke while Cooper is hospitalized.
Meanwhile, the boy’s mother, who was shot twice in the foot and leg area, has undergone two surgeries and may need a third, Loizzi said.
“Quite frankly, she probably should not have been discharged,” Loizzi said. But when she found out Cooper was on a ventilator, she “told her doctors and nurses that they should either discharge or she’d walk out on her own because she needed to be with her son,” Loizzi said.
He said the school district where she works is getting offers of support from superintendents around the state, some of them retired. He said they want to help so she can heal and focus on her family.
“They’re devastated,” he said of the family, “but they’re focusing all of their energy right now on Cooper. It’s been a very emotional time for everybody in their circle. And if you know Keely, she’s just a fighter. And it sounds like Cooper got that part of her in him because he’s fighting as hard as he can.”
Loizzi had few details about the shooting itself. He said he didn’t know where the family was standing along the parade route when shots rang out or who helped them.
“To be honest, I have not had that conversation with Keely,” he said. “I have tried not to focus on what exactly happened, and have really kept the focus on what we’re doing to help her and her son.”
Loizzi described the boy as having a “passion” for sports and the Milwaukee Brewers.
“Every time I talk to his mom about him, he’s always very active,” he added.
A GoFundMe has been set up to help the family with what Loizzi described as “the obvious ongoing treatment and therapy that Cooper will need.” He said that Keely Roberts is a devoted school leader, who works tirelessly for her students and often sends emails in the wee hours of the morning.
“Now,” he said, “she and her family need our support. So we just ask you to please continue to keep the Roberts family and all of those impacted by this tragedy in your thoughts and prayers.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/08/new-normal-8-year-old-twin-wounded-july-4-shooting/ | 2022-07-08T03:42:05Z |
Deals combine to more than 292,000 square feet of medical industrial and office space, including the Crothall Healthcare industrial building in Gilroy, California
GILROY, Calif., March 31, 2022 /PRNewswire/ -- Mohr Capital, a Dallas-based privately held real estate investment firm, sold $65 million of deals over the past 80 days. This includes the recent sale of a 102,466-square-foot industrial building in Gilroy, California, to Four Springs Capital Trust. Mohr Capital sold two additional office buildings in Florida and Wisconsin, totaling more than 292,000 square feet of space, leading into 2022.
Located at 8190 Murray Ave., the property is fully leased to Crothall Healthcare. This mission-critical facility provides state-of-the-art laundry processing services to Northern California hospital systems, enabling them to continue providing medical care to patients. Kevin Moul with Colliers San Jose represented Mohr Capital throughout the transaction.
"We are pleased to have worked closely with Four Springs Capital Trust on this transaction. As our third transaction with Four Springs over the last 12 months, this transaction speaks to our deep partnership with Four Springs that we hope continues," said Rodrigo Godoi, managing director of investments for Mohr Capital. "Mission-critical facilities that serve regional hospitals like this still provide value in a market where occupiers and investors are redeveloping dysfunctional R&D product to suit their needs. We're pleased with the performance of this property, and we hope to continue to invest in the Bay Area's bustling industrial market in the future."
Additionally, Mohr sold a two-story, 78,449-square-foot office building in Orlando's Lee Vista Center business park to Falcon Global Real Estate Advisors. Located at 6272 Lee Vista Blvd., the building is fully leased to Accredo Health Group Inc., an Express Scripts company and subsidiary of the global health service company, Cigna. Prior to the sale, Mohr Capital worked with CBRE and CIGNA to secure CIGNA's long-term occupancy while at the same time lowering its occupancy costs.
Mohr also sold Riverwood Corporate Center II in Pewaukee, Wisconsin, in an off-market transaction to IRA Capital. The office building is fully occupied by ProHealth Care, the largest healthcare provider between Milwaukee and Madison. Shortly after acquiring the building, Mohr Capital worked closely with ProHealth to secure its long-term occupancy at the property through 2032.
"These three transactions support our trajectory to be a leading investor in mission-critical industrial and office facilities for the healthcare field," said Bob Mohr, founder and CEO of Mohr Capital. "We are always on the lookout for cutting-edge investment opportunities, and these sales were a great start to 2022."
About Mohr Capital
Mohr Capital is a privately held real estate investment firm specializing in the acquisition, development and value enhancement of office, industrial and retail assets throughout the U.S. The Mohr Capital team has decades of experience in commercial real estate and has completed more than $1 billion in transactions. Guided by a value-driven strategy and an entrepreneurial spirit, the company relies on strong long-term relationships and possesses keen market insights needed to capitalize on undervalued or underperforming properties. With its family office structure, Mohr Capital can close quickly and has a proven track record of delivering the highest risk-adjusted returns. For more information, visit www.mohrcap.com or follow Mohr Capital on LinkedIn.
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SOURCE Mohr Capital | https://www.wibw.com/prnewswire/2022/03/31/mohr-capital-sells-65-million-deals-past-80-days/ | 2022-04-01T03:36:54Z |
Park outdoors: Ford recalls SUVs due to engine fire risk
DETROIT (AP) — Ford is asking the owners of 350,000 vehicles in to take them to dealers for repairs in three recalls, including about 39,000 that should be parked outdoors because the engines can catch fire. Ford says in U.S. government documents posted Thursday that it doesn’t know what’s causing fires in some 2021 Ford Expedition and Lincoln Navigator SUVs. But the company says fires can happen even while the engines are off. It’s recommending that the SUVs be parked away from buildings. The automaker also is recalling about 310,000 heavy-duty trucks because the driver’s air bag may not inflate in a crash. Covered are certain 2016 F-250, 350, 450 and 550 trucks. And Ford is recalling 464 electric Mustang Mach-E SUVs from 2021. A software problem can cause unintended acceleration. | https://localnews8.com/news/ap-national-business/2022/05/19/park-outdoors-ford-recalls-suvs-due-to-engine-fire-risk/ | 2022-05-19T11:16:31Z |
- Institutional Shareholder Services joins Glass Lewis in support of all seven of the Company's Board nominees.
- RIV Capital's Board nominees are well equipped with the relevant industry expertise, experience and qualifications to execute on RIV Capital's strategic vision to become a leader in the cannabis market.
- Vote FOR RIV Capital's Board nominees well before the deadline of 10:00 a.m. (EDT) on September 27, 2022. For help voting, please contact Kingsdale Advisors at 1-877-659-1821 (toll free in North America), or at 1-416-867-2272 (collect outside North America), or by email at contactus@kingsdaleadvisors.com.
TORONTO, Sept. 14, 2022 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm focused on building a leading multistate platform with the strongest portfolio of cannabis brands in key strategic markets across the United States, is pleased to announce that a second independent proxy advisory firm, Institutional Shareholder Services Inc. ("ISS"), has recommended shareholders vote FOR all seven of the Company's board of directors (the "Board") nominees. ISS' positive recommendation follows Glass, Lewis & Co.'s ("Glass Lewis") endorsement of RIV Capital's Board nominees.
ISS and Glass Lewis are leading independent, third-party proxy advisory firms that provide proxy voting recommendations to pension funds, investment managers, mutual funds, and other institutional shareholders.
The positive recommendations from both ISS and Glass Lewis reaffirm the Company's view that all seven of RIV Capital's Board nominees, namely Laura Curran, Chris Hagedorn, Richard Mavrinac, Joseph Mimran, Amy Peckham, Mark Sims and Dawn Sweeney, are equipped with the relevant industry expertise, experience and qualifications to execute on RIV Capital's strategic vision to become a leader in the cannabis market.
The upcoming Annual General Meeting will be held on Thursday, September 29, 2022 at 10:00 a.m. (EDT). RIV Capital urges shareholders to visit rivcapital.com/future for more information about our Board nominees and to vote well before the deadline of 10:00 a.m. (EDT) on September 27, 2022.
Your vote is critical no matter how many shares you own. To vote, contact Kingsdale Advisors at 1-877-659-1821 (toll free in North America), or at 1-416-867-2272 (collect outside North America), or by email at contactus@kingsdaleadvisors.com.
About RIV Capital
RIV Capital is building a leading cannabis packaged goods company, with a focus on establishing one of the strongest portfolios of brands in key strategic U.S. markets. Backed by in-house expertise and cannabis domain knowledge, RIV Capital aims to grow its own brands and partner with established U.S. cannabis operators and brands to bring them to new markets and build market share. RIV Capital established the foundational building blocks of its active U.S. strategy with the previously announced acquisition of Etain. Through its strategic relationship with The Hawthorne Collective, Inc. ("The Hawthorne Collective"), a subsidiary of ScottsMiracle-Gro, RIV Capital is The Hawthorne Collective's preferred vehicle for cannabis-related investments not under the purview of other ScottsMiracle-Gro subsidiaries.
Forward-Looking Statements
This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of RIV Capital and its portfolio companies with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding the Company's strategies, objectives, goals, opportunities and plans, including in respect of future growth and creating shareholder value ; and expectations for other economic, business, and/or competitive factors.
Investors are cautioned that forward-looking information is not based on historical fact but instead reflects management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although RIV Capital believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of RIV Capital or its portfolio companies.
Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the timing and likelihood for receipt of all required regulatory approvals, and satisfaction of other conditions to closing, in respect of the Etain Acquisition; the Company's ability to execute its go-forward strategy; stock market volatility; changes in the business activities, focus and plans of the Company, Etain and the Company's investees and the timing associated therewith; the timing of any changes to federal laws in the U.S. to allow for the general cultivation, distribution, and possession of cannabis; regulatory and licensing risks; changes in cannabis industry growth and trends; changes in general economic, business and political conditions, including changes in the financial markets; litigation risks; the global regulatory landscape and enforcement related to cannabis, including political risks and risks relating to regulatory change; risks relating to anti-money laundering laws; compliance with extensive government regulation, including RIV Capital's interpretation of such regulation; public opinion and perception of the cannabis industry; divestiture risks; and the risk factors set out in RIV Capital's management's discussion and analysis dated August 29, 2022 and annual information form dated June 10, 2022 filed with the Canadian securities regulators and available on RIV Capital's profile on SEDAR at www.sedar.com.
The Company has invested in and acquired, and intends to in the future invest in and/or acquire, companies that are involved in the manufacture, possession, use, sale, and distribution of cannabis in the recreational and medicinal cannabis marketplace in the United States. Local state laws where such operations occur permit such activities, however, investors should note that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. Cannabis remains a Schedule I drug under the U.S. Controlled Substances Act, making it illegal under federal law in the United States to, among other things, cultivate, distribute or possess cannabis in the United States. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the United States may form the basis for prosecution under applicable U.S. federal money laundering legislation.
While the approach to enforcement of such laws by the federal government in the United States has trended toward non-enforcement against individuals and businesses that comply with recreational and medicinal cannabis programs in states where such programs are legal, strict compliance with state laws with respect to cannabis will neither absolve the Company of liability under U.S. federal law, nor will it provide a defense to any federal proceeding which may be brought against the Company. The enforcement of federal laws in the United States is a significant risk to the business of the Company and any proceedings brought against the Company thereunder may adversely affect the Company's operations and financial performance.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although RIV Capital has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. RIV Capital does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
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SOURCE RIV Capital Inc. | https://www.wibw.com/prnewswire/2022/09/14/independent-proxy-advisory-firm-iss-recommends-shareholders-vote-riv-capitals-board/ | 2022-09-14T22:32:40Z |
LOS ANGELES, Sept. 9, 2022 /PRNewswire/ -- kathy ireland® Worldwide (kiWW®), acknowledged earlier this year as the "most valuable woman-owned licensing firm in American history" by WWD, is expanding the company's fashion presence with a stunning ensemble of licensing partners.
Kathy Ireland said, "Fashion Week illuminates such extraordinary memories. This is the ideal time to announce our growth in the category our company knows best. 7th Avenue and its leaders are home. We believe many will be surprised by the assortment of wonderful clients, put together for us by our astounding Lee Mandelbaum and his great team at Legacy Licensing and Price Point Buying. Great appreciation to Linda Mandelbaum of Rylex, whose brilliance is with us every step of the way. Congratulations and welcome, with special thanks to the Hanan family of PPI, for believing in us when few doors in apparel were open, as well as our initial and beloved partners John and Marilyn Moretz."
Jon Carrasco and Stephen Roseberry, Worldwide Creative Director and President / CMO for kiWW, respectively, said: "We could not be happier with the leaders in these industries. Kathy, in tandem with Rocco Ingemi, our EVP of Fashion & Fine Jewelry, cautioned patience as we quietly grew these categories with extraordinary people. This year, our brand was named the 19th most successful brand worldwide, as published by License Global. Kathy became the youngest woman to enter the Licensing Hall of Fame, as well as the youngest Icon in the Furniture Industry, awarded by the IHFRA (International Home Furnishings Representatives Association). Kathy serves on the Boards of Directors for the NFLPI and WNBPA, Board of Advisors for Serena Williams, International Youth Chair for the National Pediatric Cancer Foundation, with over 25 hospitals in their portfolio. Co-Founder of Providence, a Christian education program, serving students from pre to prep school. Kathy is a member of the James Madison Program at Princeton University and is a Major Donor and Ambassador for the Elizabeth Taylor AIDS Foundation. In addition to becoming the first civilian to serve on the National Board of Gastroenterology and bring awareness to Sheba Medical Center, frequently referred to as Tel Hashomer in Tel Aviv, Israel; UCLA acknowledges Kathy as one of the top ten women's health advocates in America - an honor which came after Kathy's leadership in establishing neonatal intensive care units throughout America. Last year, Kathy's accomplishments were honored by the International Religious Freedom Award, and she works tirelessly for human rights advocacy, speaking to the world from platforms as diverse as the United Nations, Forbes Global Conferences and educational forums including Harvard University. Kathy speaks many languages, and utilizing fashion, as well as her proceeds from it, to make our world better, is one of her greatest passions. Our additional clients will be announced in October."
Announcements include a multi-year renewal with PPI for continuing kathy ireland® Sleepwear & Intimate Apparel - a partnership which has achieved over 100 million dollars in sales in its first five years. "We believed in the power of the kathy ireland® brand from day one, and it continues to gather momentum and a powerful place in the fashion industry. After years of standing on our own, it's great to be joined by leading partners in the apparel industry. We have renewed our agreement with kathy ireland® Worldwide for many years, because the brand is exquisite, and Kathy and her team are incredible, innovative people. Kathy is the real deal," said Abe Hanan, on behalf of PPI.
MIVI™, the kathy ireland® Worldwide imprint which launched with men's underwear and loungewear with PPI, is now expanding into men's jewelry with Guild Consulting, as well as handwear from fashion to utility by Stout Gloves.
kathy ireland® Worldwide 2022 fashion licensing launches include renowned manufacturer Ikeddi for bestselling sportswear, pantsuits and daytime dresses.
Bagatelle International, specializing in outerwear, special occasion dress and denim will premiere on HSN in October, and become available at Macy's, among other luxury retailers later this year. President of Bagatelle Inc. Jamie Litvack notes, "We are honored to partner with Kathy, one of the most successful and empowering female entrepreneurs of our time. As soon as we met Kathy and her team, we knew we were all in."
Siskind, one of the nation's largest brand leaders, has acquired the license for slippers.
Guild Consulting is the licensee for men and women's jewelry. Ms. Ireland acknowledges Elizabeth Taylor as her beloved friend and mentor, as well as a great inspiration in fine jewelry design.
Swim fashion leader Amerex, has acquired the license in this iconic category from kathy ireland Worldwide.
BHFO.com, a national leader in online retail, features the finest brands, including Michael Kors, Calvin Klein, and Ralph Lauren, will now add kathy ireland® to its roster of designers.
The multi-year agreements and relationships were negotiated by Lee Mandelbaum of Legacy Licensing and Price Point Buying NYC. Mr. Mandelbaum exclusively represents kathy ireland® Worldwide fashion, in tandem with long term kiWW partners, John and Marilyn Moretz of Moretz Marketing.
Rylex LLC principal, Linda Mandelbaum, represents multiple categories for kathy ireland® Worldwide, including gardening, home, fintech, and more.
"This is a spectacular time for Kathy to re-emerge into an industry in which she became a global fashion icon," says Rona Menashe, CEO of Guttman Associates, Kathy Ireland and kiWW longtime media relations representative.
New York Fashion week is held in February and September of each year. It is a semi-annual series of events when international fashion collections are shown to buyers, the press, and the general public.
One of the least-known accomplishments of kathy ireland® Worldwide is its enormous entertainment sector. kiWW is responsible for presenting the reboot of The Waltons' Thanksgiving, which will be re-broadcast on HBO this year, partnering with the 5th largest music company in the world BMG, whose artists include Tina Turner, Bruno Mars, along with 7-time Grammy Award winners Marilyn McCoo & Billy Davis Jr., stars of The Original 5th Dimension, whose "blackbird: Lennon-McCartney Icons" album returned the duo to the Billboard charts after an absence of nearly 40 years, and became #1 on iTunes. The music was produced by Nic Mendoza, who is in studio now with the couple, recording their second and third BMG/kathy ireland Worldwide EE1 albums. SWC/kiWW has guided the careers of Janet Jackson, Vanessa Williams, Elizabeth Taylor, Liza Minnelli, and legendary vocalist and king of the Great American Songbook, Michael Feinstein.
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SOURCE Guttman Associates | https://www.wibw.com/prnewswire/2022/09/09/kathy-ireland-shatters-licensing-glass-ceiling-fashion-week-brand-expands-apparel-presence-multi-year-renewal-with-ppi-kathy-ireland-sleepwear-amp-intimate-apparel-mivi-ikeddi-bagatelle-international-siskind-bhfocom-guild-consulting-amerex-amp-rylex-llc/ | 2022-09-09T17:37:11Z |
ALEXANDRIA, Va., June 13, 2022 /PRNewswire/ -- Job growth in the IT sector remained flat in May with employment up a mere 0.04% from April. On a year-over-year basis, IT employment was up 0.64% from May 2021, adding 34,500 jobs in the year's period, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions Industry. The Engineering sector showed a year-over-year job growth rate of 3.96%, with the addition of 102,900 jobs over the course of the year.
"Demand for tech talent continues to remain strong as shown by the record low unemployment rate for technology professionals," said Mark Roberts, CEO of TechServe Alliance. "In this tight labor market, hiring managers will have to be mindful of the expectations and demands of the tech workforce as we navigate through the complexities of work-from-anywhere culture in order to hire and retain employees, especially in the specialized tech roles."
The following table presents information about the total number of jobs in certain sectors that provide a significant amount of employment for IT and engineering professionals.
Technical note: TechServe Alliance's IT Employment Index and Engineering Employment Index are the first specific measurements of IT and engineering employment. These unique measurements of total IT and engineering employment are created monthly by studying the ongoing staffing patterns of a dozen IT and computer related occupations in 22 industries and industry sectors employing significant numbers of IT workers and nearly two dozen engineering occupations in 30 select industries and industry sectors employing significant numbers of engineering workers. Both the monthly IT Employment and Engineering Employment Indices are based on U.S. Bureau of Labor Statistics (BLS) data, which is subject to monthly revisions, and is revised accordingly. Both indices are also subject to periodic revisions and annual revisions / benchmarking that includes revisions to several years of employment data, which also may incorporate new occupational definitions. Both indices were revised / benchmarked going back several years starting with January 2022 data and published in February 4, 2022. In addition, both indices are subject to minor revisions to March and April data. The next major revision will be published in February 2023.
ABOUT TechServe Alliance
TechServe Alliance is the national trade association of the IT & Engineering staffing and solutions industry. IT & Engineering staffing and solutions firms count on TechServe Alliance to keep their leadership informed, engaged, and connected. TechServe Alliance serves as the voice of the industry before the policymakers and the national and trade press. By providing access to the knowledge and best practices of an entire industry and tapping the "collective scale" of its members, TechServe Alliance supports its members in the efficient delivery of best-in-class IT & Engineering staffing and solutions for clients and exceptional professional opportunities for every consultant.
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SOURCE TechServe Alliance | https://www.mysuncoast.com/prnewswire/2022/06/13/tech-employment-remains-flat-amidst-strong-demand-talent-low-supply/ | 2022-06-13T20:44:48Z |
HOUSTON (AP) — Shohei Ohtani was winless with a 5.92 ERA in six starts against the Houston Astros entering Wednesday’s start.
Watching the superstar’s performance from his perch in the dugout, Los Angeles Angels manager Joe Maddon could feel Ohtani was determined to change his fortunes against the Astros on Wednesday night.
“I think he just had enough of Houston giving him a hard time and he wanted to go out there tonight and do something about it, both on the mound and at the plate,” Maddon said.
He certainly did that.
The two-way star pitched perfect ball into the sixth inning, tied a career-best with 12 strikeouts and also had two hits and two RBIs to lead the Angels to a 6-0 shutout.
“He was possessed tonight,” Maddon said. “That was a virtuoso performance from the beginning. He had a different look about him — and the stuff equaled the look.”
Ohtani (1-2) didn’t allow a baserunner until Jason Castro lined a single to center field with one out in the sixth — it was his first hit of the season, and the only one Houston got in the game. Rookie Jeremy Peña walked with two outs to elicit a visit to the mound before Ohtani retired Michael Brantley on a groundout with his final pitch.
Ohtani’s big night gave him his first win of the season after entering the game 0-2 with a 7.56 ERA in his first two starts. He struck out six in a row at one point.
Maddon said it was the best he’d ever seen the 27-year-old pitch.
Ohtani was asked if he thought it was his top performance in the majors.
“It could be,” he said with a smile in Japanese through a translator.
The reigning AL MVP made history Wednesday before he even took the mound. He batted twice in a six-run first inning as the Angels sent 10 to the plate — that made him the first starting pitcher since at least 1900 to bat twice in the first before throwing a pitch, according to the Elias Sports Bureau.
Ohtani threw 81 pitches on a night Maddon said he would be limited to 85. But, Maddon said after the game that he would not have pulled him with a perfect game intact regardless of pitch count.
“There’s no number,” Maddon said. “He was going to pitch a perfect game. I’m not going to get in the way of a player’s greatness – ever.”
Ohtani was asked if he was thinking about the perfect game.
“I was aware of it, but I knew the pitch count was getting up there, so I was thinking I probably wouldn’t be able to finish it off,” he said.
Houston manager Dusty Baker thinks the huge early lead helped Ohtani.
“What it did more than anything is it relaxed Ohtani,” Baker said. “Hank Aaron used to tell us the most dangerous pitcher to face is a very relaxed pitcher and he seemed very relaxed. He didn’t make any mistakes.”
The Angels immediately jumped on Jake Odorizzi (0-2). Ohtani drew a leadoff walk and the first five batters reached, putting Los Angeles up 2-0 before Odorizzi recorded an out.
There were two outs in the inning when Odorizzi’s fourth walk, to Tyler Wade with the bases loaded, ended his night.
Blake Taylor took over and Andrew Velazquez reached on an error by first baseman Yuli Gurriel that allowed another run to score. Ohtani then hit a two-run double to left field to make it 6-0.
Angels reliever Ryan Tepera struck out two in two perfect innings and Raisel Iglesias had a strikeout in the ninth to complete the one-hitter.
Los Angeles took the series after beating Houston 7-2 Tuesday night following an 8-3 loss in the opener.
Ohtani struck out the first two batters before retiring Alex Bregman on a flyball to end the first. He struck out Yordan Alvarez in the second before Kyle Tucker and Gurriel flied out.
The Japanese star then struck out six in a row before Alvarez flied out to start Houston’s fifth. Tucker and Gurriel fanned to end the inning.
Ohtani matched his career high for strikeouts set on April 8, 2018, getting his 12th when Niko Goodrum struck out on a foul tip to start the sixth before Castro’s hit. The veteran catcher had been 0 for 9 to begin the season.
Brandon Marsh added two hits and drove in a run as the Angels played a third straight game minus star Mike Trout, who was out with a bruised left hand after being plunked Sunday.
Houston struck out a season-high 15 times as the team was blanked by the Angels for the second time in this young season.
TRAINER’S ROOM
Angels: Trout said after the game that he would return to the lineup Friday with no restrictions.
Astros: 2B Jose Altuve was placed on the 10-day injured list Wednesday, retroactive to Tuesday, with a strained left hamstring. Baker said he didn’t think the injury was too serious, but that Altuve would probably need more than a week to recover. … Houston selected the contract of infielder J.J. Matijevic from Sugar Land of the Pacific Coast League and transferred infielder Taylor Jones to the 60-day injured list to make room for Matijevic on the 40-man roster.
UP NEXT
Both teams have a day off Thursday before Houston opens a series with Toronto at home Friday and the Angels return home to host the Orioles.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ohtani-overpowers-in-2-way-performance-angels-blank-astros/ | 2022-04-21T04:26:58Z |
(KXAN) — Cities across the U.S. are seeing spikes in COVID-19 cases comes as many prepare to travel over the Fourth of July holiday. Health leaders warn against traveling if you’re sick or have been around someone who has tested positive for COVID-19.
The Centers for Disease Control and Prevention recommends you avoid travel if:
- You have COVID-19 symptoms
- You tested positive for COVID-19 and are within a 10-day window of first experiencing symptoms or getting the positive test result
- You are waiting for the results of a COVID-19 test
- You had close contact with someone who has COVID-19. The CDC recommends waiting 10 days after exposure to travel but also said people might test negative five days after exposure and wear a mask for the remainder of that 10-day period
You can find all of the CDC’s travel recommendations here.
Traveling domestically
National data from the CDC shows COVID-19 hospitalizations are going up nationwide. Case numbers are also trending upwards, though health leaders have noted because of the prominence of at-home tests, those case numbers are underreported.
A number of counties in states along the West Coast, including in California, are in the CDC’s high-risk category. So is much of Florida, the western border of Louisiana and the Gulf coast-side of Texas. Those risk levels are based on a weekly average of new COVID-19 admissions per 100,000 people, percent of inpatient hospital beds occupied by COVID-19 patients and new COVID-19 admissions to hospitals per 100,000 people.
You can find the community levels for the county you’re traveling to using this CDC tool.
International travel
Just a few weeks ago, the CDC lifted its reentry requirements, meaning you no longer need to provide a negative COVID-19 test to get back into the country. Non-U.S. citizens that intend to simply visit the United States are still required to show proof of vaccination.
The CDC has listed many countries in the high-risk category, meaning they recommend being up-to-date on COVID-19 vaccinations before traveling. Those countries include France, Mexico, Canada, Costa Rica and Italy. You can find the full list here.
There are no countries listed in the “do not travel” category as of Thursday. | https://cw33.com/news/nexstar-media-wire/when-can-i-travel-after-testing-positive-for-covid/ | 2022-07-01T03:31:50Z |
SANTA ROSA, Calif., Aug. 1, 2022 /PRNewswire/ -- Sonoma Lab Works, one of the most trusted and reliable cannabis testing labs in California, welcomes Antonio Frazier as its new President, effective today, August 1, 2022.
Frazier joins Sonoma Lab Works with a wealth of knowledge and leadership recognition in cannabis science, lab management, quality assurance, regulatory, sales, and marketing. Most recently, Antonio served as President of CannaSafe. During his successful tenure there, he directed lab operations, quality assurance, business development, and marketing efforts.
"Antonio brings a skill set that is almost unparalleled in today's cannabis testing market," said Sonoma Lab Works' CEO Darius Anderson. "With his extensive connections in the industry and his acumen for cannabis science and consumer safety, we believe that Antonio will help Sonoma Lab Works continue our position as the premier cannabis testing lab in California."
While at CannaSafe, Frazier helped to form critical partnerships with cannabis manufacturers, distributors, cultivators and state regulators; annual revenue increased by over by 10,000%, placing CannaSafe on the "Inc. 5000 List."
Frazier's successful work for Cannasafe resulted in his own profile in Inc. Magazine. He has also earned multiple awards for leading CannaSafe's community efforts and serves on national boards related to cannabis and testing.
"This is a new chapter for me," said Frazier. "I believe in where Sonoma Lab Works is headed, and I want to continue building upon its excellent reputation as an industry leader. I'm invigorated by the team's passion for bridging science and cannabis and I am excited to join them."
Frazier earned both a B.S. in Physics from Furman and a B.S. in Materials Engineering from Clemson University, graduating cum laude.
Frazier is passionate about using his industrial, public safety-focused skill set to forge quality standards in the cannabis industry and has been instrumental in its evolution. As President of Sonoma Lab Works, he will continue to focus on building strong relationships with regulators, supporting policy change, and will remain actively involved in organizations like ASTM, ACIL, and ASA. Frazier is deeply committed to social equity and consumer safety education.
About Sonoma Labs Works, Inc.
Sonoma Lab Works, Inc. (SLW) provides R&D testing, product development and compliance testing services to cannabis and hemp businesses throughout the state. SLW shares a commitment to clients and consumers alike to achieve the mutual goal of improving public health. The company is licensed by the BCC and certified to ISO 17025 in California. The company strives to inform and support our clients with accurate and precise analytics in order to propel innovation and drive their business forward. SLW is committed to supporting the community in which it operates and being a trusted resource to policymakers, businesses and local communities in the quest to build a successful marketplace for cannabis and hemp products nationwide.
Visit www.SonomaLabWorks.com for more information.
Media Contact: Sam Singer
Email: singer@singersf.com
Phone: 415-336-4949
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SOURCE Sonoma Lab Works | https://www.wibw.com/prnewswire/2022/08/01/sonoma-lab-works-appoints-antonio-frazier-president/ | 2022-08-01T16:23:52Z |
The Internal Revenue Service building is seen here in Washington, DC, on January 19. The IRS acknowledged on September 2 that it had mistakenly exposed a batch of taxpayer information linked to some non-profits and other tax-exempt organizations.
The Internal Revenue Service acknowledged Friday that it had inadvertently exposed a batch of taxpayer information linked to some non-profits and other tax-exempt organizations, following a Wall Street Journal report that said as many as 120,000 individuals may have been affected by the error.
The accidentally leaked data did not include any Social Security numbers, "detailed account-holder information" or personal income tax returns, the IRS said in a statement, but it included information from Form 990-T, which is used by tax-exempt entities to report unrelated business income.
Only 501(c)(3) organizations are required to make their Form 990-T available for public inspection. An error mistakenly resulted in data from some non-501(c)(3)s also being made available for bulk download through the IRS' search portal for tax-exempt entities, the agency said.
"In some instances, the data does include individual names or business contact information," the IRS said, adding that the agency has now removed the files from public view on its website and will be contacting affected taxpayers directly. "The IRS is continuing to review this situation."
According to the Journal, the incident also exposed information about business income within certain individual retirement accounts reportable on Form 990-T; the IRS statement does not confirm whether that was the case. The Journal also said the Treasury Department planned to notify "key members of Congress" about the accidental disclosure.
Spokespeople for the House Ways and Means Committee and the Senate Finance Committee, which oversee the IRS, did not immediately respond to CNN requests for comment.
A Treasury Department spokesperson referred CNN to the IRS statement.
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accounts, the history behind an article. | https://www.albanyherald.com/news/irs-says-it-mistakenly-exposed-taxpayer-data-belonging-to-non-profits/article_914cf10f-bbbe-51eb-99ec-d7c58cc97b8c.html | 2022-09-03T20:12:16Z |
NEW YORK, July 11, 2022 /PRNewswire/ -- Close to 30 years after creating widely-acclaimed vocal arrangements of music for the 1995 multi-Tony Award-nominated, Grammy Award-winning Broadway musical revue "Smokey Joe's Cafe: The Songs of Leiber and Stoller," theater veteran Chapman Roberts is the plaintiff in a David-and-Goliath lawsuit, charging that he is not been credited or compensated for subsequent stagings of the musical, that continues to wow audiences with the vocal arrangements he skillfully crafted for the 1995 show.
The Broadway show features Roberts' vocal arrangements of Leiber and Stoller's rock and roll and R&B hits — such as "Jailhouse Rock," and the Elvis Presley version of "Hound Dog;" the popular, bluesy version of "On Broadway;" the catchy novelty tunes "Love Potion #9," "Poison Ivy," "Yakety Yak" and "Charlie Brown;" and the 1961 soul classic "Stand by Me," that the songwriting duo crafted with singer Ben E. King.
The Goliath defendants in the lawsuit are theater and entertainment industry behemoths — including the Rodgers and Hammerstein Organization, Broadway HD, Amazon Digital Services LLC, and SONY/ATV Music Publishing.
In the New York State Supreme Court, the lawsuit is Case # 2021-03250. And in United States District Court-Southern District of New York, the case is under Index No.: 1:19-cv-09200-KPF-RWL.
Roberts, 80, is claiming copyright infringement, and seeking credit and compensation for subsequent productions of Smokey Joe's Café using his popular, original 1995 Broadway vocal arrangements of the Jerome Leiber and Michael Stoller classics.
According to Roberts, the musical - using his vocal arrangements - has been replicated, restaged, and even live streamed over two decades, without crediting or compensating him.
"I become more acutely aware of the scope of the saga and its historic ramifications. This is a precedent- setting case seeped in the reparations furor that has been brewing in this country and globally for decades," said Roberts, referring to the many instances of Black artists and performers not getting credit or compensation for their creations.
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SOURCE Chapman Roberts | https://www.kxii.com/prnewswire/2022/07/11/black-award-winning-vocal-arrangers-lawsuits-battle-behemoths-broadway-theater-win-credit-compensation-his-work-smokey-joes-caf-musical/ | 2022-07-11T15:21:10Z |
Breakthrough to Utilize its Expertise in Lab Development and Operations to Support Boulder's Burgeoning Yet Underserved Biotech Community
BOULDER, Colo., Aug. 11, 2022 /PRNewswire/ -- Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced it has acquired a 9.3-acre, four-building campus in Boulder, CO, which will be transformed into "Boulder 38 by Breakthrough" featuring 164,000-square-feet of office, lab and flex space.
Boulder 38 by Breakthrough is situated in the heart of the city within convenient proximity to local retail, restaurants and amenities, as well as large technology and life science campuses. Located at the intersection of 38th Street and Arapahoe, the property features easy access into and out of Boulder and is just one mile from Jennie Smoly Caruthers Biotechnology Building, a 400,000-square-foot research and teaching facility at the University of Colorado Boulder.
"We are excited to bring the Breakthrough platform to Boulder and contribute to the phenomenal growth of a thriving life science innovation market," said Daniel D'Orazi, EVP and Chief Investment Officer. "From our fully integrated design and development teams to our highly experienced lab operations platform, Breakthrough is uniquely positioned to provide best-in-class infrastructure and amenities to meet the intense and growing demand for high quality lab and office environments in this supply-constrained market."
Research conducted at the University of Colorado and the surrounding ecosystem has helped to foster a thriving regional bioscience hub. According to CBRE market report data, the Boulder life sciences market has maintained over one million square feet of active life science requirements over the past 18 months, and workspaces with elevated amenities is a desired feature of the companies located in the area.
"Boulder has succeeded in cultivating a unique ecosystem propelled by leading research and academic institutions, creative residents and premier outdoor recreational amenities," said Tishman Speyer Senior Managing Director Paul DeMartini. "We are excited by this opportunity to create a world-class research campus that will serve as a magnet for life science innovation and talent."
The acquisition and redevelopment of Boulder 38 is being capitalized by the Breakthrough Life Science Property Fund. The Fund, which held its final closing in April of this year, raised $3 billion in direct capital and co-investments to scale a global portfolio of best-in-class ecosystems for dynamic early-, mid-, and late-stage life science companies.
Since its founding just over three years ago, Breakthrough has assembled a pipeline of more than 4.6 million square feet of projects in various stages of construction and pre-development across the United States and Europe.
Boulder is the fourth new market that Breakthrough has entered during 2022. Breakthrough recently announced its acquisition of 2300 Market Street in Philadelphia's burgeoning Center City district, with plans to redevelop the site to support over 200,000 square feet of life science space. Breakthrough also recently completed its first acquisitions in the Oxford and Cambridge life science hubs in England.
Other notable Breakthrough projects include The 105 by Breakthrough in Boston, home to CRISPR Therapeutics' U.S. facility; the 10-acre Torrey View by Breakthrough campus, which will house global medical technology company BD (Becton, Dickinson and Company)'s expanded San Diego Reagent Innovation Center for its growing BD Biosciences, in San Diego; Trinity House in Oxford, England; and The Vitrum Building, located inside St. John's Innovation Park in Cambridge, England.
Breakthrough puts sustainability at the forefront of all of its initiatives with a particular emphasis on increasing energy efficiency, reducing carbon emissions and providing healthy workspaces for users. The Company targets LEED Gold certification at its United States properties, as well as BREEAM Outstanding certification in all of its projects across the United Kingdom and EU markets.
About Breakthrough Properties (www.btprop.com)
Formed in 2019 as a joint venture between global real estate owner, developer and investor Tishman Speyer and biotechnology investment firm Bellco Capital, Breakthrough Properties is a life science real estate development company that leverages cross-sector collaboration to deliver environments that foster innovation and scientific breakthroughs. Breakthrough Properties' mission is to acquire, develop and operate the best life science properties in leading urban technology centers around the world and support scientific innovation across biotechnology, agriculture and nutrition. Breakthrough combines Tishman Speyer's decades of global real estate development experience with Bellco Capital's industry-making biotechnology entrepreneurship to reimagine environments where companies can create life-changing therapies for patients.
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SOURCE Breakthrough Properties | https://www.mysuncoast.com/prnewswire/2022/08/11/breakthrough-properties-enters-boulder-market-with-acquisition-development-boulder-38-by-breakthrough/ | 2022-08-11T17:19:56Z |
SAN DIEGO, June 24, 2022 /PRNewswire/ -- BuildFire earned a "Leader" badge in G2's Grid Report for Drag and Drop App Builders for the sixth consecutive quarter. BuildFire was also named a "Leader" in the Small Business Drag and Drop App Builder Software category for the second successive quarter.
Leader badges are the most prestigious recognition in G2's quarterly reports. Of the 112 software brands in the drag and drop app builder category on G2.com, just 11 received a Leader badge in the Summer 2022 Grid Report.
BuildFire's founder and CEO, Ian Blair, said, "I'm always looking forward to the G2 quarterly report release. It's a great benchmark to see where we stand in the app development industry, and I'm thrilled to see our brand recognized as a market leader."
"Continuing to earn prestigious badges in some of the most competitive app development categories affirms everything that we're doing here at BuildFire. We're still growing and creating more apps for mid-market and enterprise organizations. I expect to see these efforts reflected in future G2 reports as well," Ian continued.
In total, BuildFire was recognized for 11 achievements in G2's Summer 2022 Reports. This includes six "High Performer" honors in notable categories for mid-market app builder software, mobile development platforms, and application development platforms. BuildFire was also named a "Momentum Leader" in three additional categories.
About: BuildFire is an industry leader in the mobile app development space. The software makes it easy for businesses to create iOS and Android apps without writing any code. Simple enough for DIY users and robust enough for companies with advanced customization needs, BuildFire offers limitless scalability at a fraction of the price compared to traditional development. More than ten thousand professional-grade apps have been created with BuildFire since its launch in 2014.
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SOURCE BuildFire | https://www.kxii.com/prnewswire/2022/06/24/buildfire-continues-earn-top-awards-badges-g2s-summer-2022-reports/ | 2022-06-24T18:02:57Z |
State Legislators speak out against the latest attempt to impose a toxic alcohol policy benefiting select business owners at the expense of public health and safety.
SAN FRANCISCO, June 21, 2022 /PRNewswire/ -- Alcohol Justice is welcoming the participation of the California Alcohol Policy Alliance (CAPA) and state legislators in opposing passage of a bill that is the fifth attempt since 2013 to extend alcohol hours of service in California. Senator Scott Wiener (D-San Francisco) and Assemblymember Matt Haney (D-San Francisco) "gutted and amended" SB 930, a bill originally relating to housing which passed the Senate in May. SB 930 is now a bill in the Assembly that has nothing to do with housing but would allow 7 cities in California to extend alcohol sales in bars and restaurants to 4 a.m.
"All previous attempts to extend last call for alcohol sales have failed in California for good reason," said Sandy Logan, Program Director at Pueblo y Salud and CAPA spokesperson. "If passed they would disrupt the protections of uniform closing time in California to benefit a select number of late night businesses in a handful of cities, while spreading considerable harm to "Splash Zone" surrounding communities throughout the state. SB 930 is no different, it is public policy at its worst."
Last call times—what the scientific literature calls "trading hours"—are a backbone of maintaining alcohol as a safe and legal product. The Community Guide, a CDC-led handbook of public health best practices compiled in part by experts at the University of California, Los Angeles, identifies maintaining existing last call times as one of the 10 key policies for reducing the harms from reckless drinking and from alcohol-related motor vehicle deaths.
"Supporting this measure is a vote for death," stated California State Assemblymember Tom Lackey (R-Palmdale). "We must defeat this bill, again."
Beyond the CDC-identified harms (11,000 California deaths per year) and costs ($35 billion annually) from reckless alcohol consumption, CAPA has numerous other concerns including:
- Extended last call times only benefit bars by allowing them to sell more alcohol. The scientific consensus holds that late last call times are directly associated with more injuries, more violence, more neighborhood disruption, and more motor vehicle fatalities. Increased alcohol consumption generally is also associated with more suicide, homicide, domestic violence, sexually transmitted diseases, and poisonings.
- As California becomes more dispersed and the inner cities more expensive, low-income communities—including many communities of color—are pushed to suburbs and exurbs, and asked to make long commutes. Partiers leaving at 4 a.m. are now driving home at the same time, on the same roads, as many members of our communities are driving children to school and headed to work.
- The majority of the cities targeted are ones with large LGBTQ+ populations. Although bars and nightclubs have a long, storied history as gathering places for these communities, this has long been a double-edged sword. Various groups within the LGBTQ+ spectrum are more susceptible to a range of alcohol-related or alcohol-potentiated harms, including suicide and depression, assault and crime victimization, alcohol use disorder, and dual diagnosis trauma/substance use disorders. Negative outcomes are even more likely among black, indigenous, and people of color who identify as LGBTQ+. By leaning heavily into expanding alcohol sales in cities which are refuges to these groups, SB 930 risks disproportionately disrupting or ending the lives of the people who would ostensibly "enjoy" the extended hours.
"Allowing bars to remain open until 4 a.m. increases the potential for more drunk drivers on our roads and places more lives at risk," said Senator Patricia Bates (R-Laguna Niguel), who opposed previous iterations of SB 930. "The latest numbers from the National Highway Traffic Safety Administration (NHTSA) show California experienced some of the highest alcohol-impaired-driving fatalities in 2020. At a time when the state should be seeking ways to reduce drunk driving, this bill makes little sense."
Alcohol Justice and CAPA are urging concerned Californians to oppose SB 930 by Texting JUSTICE to 313131. Taking action in this way will send a message to members of the Assembly Governmental Organization Committee (GO) which is scheduled to debate the bill on Wednesday, (6/22) at 1:30 p.m.
"There is an outrageous and unacceptable amount of annual alcohol-related harm in California," stated Cruz Avila, Executive Director at Alcohol Justice. "It is way past time that our elected leaders focus on reducing those numbers instead of increasing the profits of alcohol-related businesses. Saying NO to SB 390 would be a great first step."
Facts:
- SB 930 is a poorly conceived and inadequately funded ABC "pilot project" to extend last call to 4 a.m. in seven cities: San Francisco, Oakland, Fresno, West Hollywood, Palm Springs, Coachella, and Cathedral City.
- SB 930 disregards 40 years of peer-reviewed, public health research on the dangers of extending last call.
- SB 930 will strip away uniform protections of the existing 2 a.m. last call, and spread additional alcohol overconsumption, loss of life, injury, and nuisance across the state.
- According to California Office of Traffic Safety (OTS), fatal DUI is a chronic, worsening problem for California.
- The U.S. Community Preventive Services Task Force found that every 2-hour increase in last-call times results in greater vehicle crash injuries and E.R. admissions.
- There is no such thing as "local control" in alcohol policy. The harm from one city's decision to change last-call times "splashes" over every surrounding community.
- According to the Center for Disease Control (CDC), California already suffers over 11,000 alcohol-related deaths annually, $35 billion in total costs, and $14.5 billion in state costs.
- SB 930 subsidizes and rewards late-night alcohol-sellers at tax-payer expense.
READ MORE:
- The Late Night Threat: Science, Harms, and Costs of Extending Bar Service Hours
- The High Cost of the 4 A.M. Bar Bill: A Cost-Benefit Analysis of Extended Alcohol Trading Hours in Los Angeles
TAKE ACTION to STOP SB 930: https://bit.ly/39xULWc or Text JUSTICE to 313131
CONTACT:
Michael Scippa 415 548-0492
Mayra Jimenez 323 683-4687
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SOURCE Alcohol Justice; California Alcohol Policy Alliance | https://www.mysuncoast.com/prnewswire/2022/06/21/capa-joins-fight-against-ca-sb-930-senator-wiener-assemblymember-haneys-dangerous-4-am-bar-bill/ | 2022-06-21T10:11:58Z |
Hoover District, downtown Canton office building get state help with historic tax credits
NORTH CANTON – Historic preservation tax credits will revive efforts to develop residential and commercial operations in the Hoover District and help revitalize one of Canton's downtown bank buildings.
The two Stark County projects are among 38 statewide to receive Ohio Historic Preservation Tax Credit assistance. The program awards tax credits to developers rehabilitating historic buildings.
More:'There just aren't enough stomachs.' Acme leaders push back on N. Canton Meijer project
More:New ATM line now shipping from Diebold Nixdorf factory in Hoover District
Lydia Mihalik, Ohio Department of Development director, stopped at the Hoover District during a daylong visit to some of the project sites.
"Ohio is flourishing in historic rehabilitation projects," Mihalik told local officials and developers. "We're happy to play a small part in this project."
Who do tax credits help?
The Hoover District project received a $5 million tax credit to help develop 226 apartments, along with commercial space in the oldest portion of the factory complex at the corner of E. Maple Street and N. Main Street.
Industrial Commercial Properties, based in Solon, and California-based Industrial Realty Group have been redeveloping the former Hoover Co. factory and offices since 2008. The companies received a $5 million tax credit in 2013 but had it rescinded in 2019 because the project stalled.
Mills Historic Tower on the southwest corner of Tuscarawas Street W and Market Avenue S received a $1.12 million tax credit. Built in 1924 as home for the First National Bank, the building was last used by Chase as a bank office in 2018.
Canton lawyer Laura Mills, who has offices in the building, bought it last year.
Tax credits will help with a $5.71 million renovation of select interior spaces, including the historic banking hall. Plans are to have have upper floors leased to new tenants, while ground floor will be offered for a restaurant.
'Already a success'
Since acquiring the Hoover office and factory complex, ICP and IRG have leased to multiple tenants. Different companies now have nearly 1,000 people working in the Hoover District.
"This is already a very successful project," said Stuart Lichter, IRG's president and founder.
But while much of the building is leased, the portion fronting Main Street has remained vacant. Plans always have called for construction of apartments and retail or office space. The plan discussed on Wednesday isn't much different from earlier proposals.
The 226 apartments will be one- two- or three-bedrooms on the upper floors. Earlier plans called for 150 apartments.
The main floor will be designed for commercial use, with about 50,000 square feet available. The developers still hope to attract a brewery for the power house building that anchors the towering Hoover smokestack.
The project carries an $89.2 million price tag, according to state officials.
Jeff Martin, senior vice president for development at ICP, said the company already has invested a lot of money preparing the site. Work already done includes interior demolition and infrastructure, as well as new windows and other changes.
Why the delays?
Chris Semarjian, ICP owner, cited a variety of financing issues as factors in the project's delay.
While costs for the project were high, rental values were low, he said. Rental values have increased, helping to balance the costs.
Also helping the residential and commercial project is construction of a 178,000-square-foot addition to a building already leased by Diebold Nixdorf. The addition will increase Diebold Nixdorf's production and add space for research and other business activities.
Semarjian said the developers learned from developing the East End project at former Goodyear facilities in Akron, that when paired, commercial and residential projects help each other and thrive.
Semarjian and Martin said the state tax credits are helping developers cross the finish line as they secure financing for the project.
"It also allows us to kickstart the commercial leasing," Martin said.
North Canton officials, naturally, are happy to see the state tax credits help the project.
Mayor Stephan Wilder said the community has been waiting patiently for the redevelopment and is encouraged by Wednesday's announcement.
Wilder cited the city's 2022 master plan, which identifies the importance of the Hoover District redevelopment, adding that the project "helps to build a vibrant downtown core with a vision for Main Street as a destination." | https://www.cantonrep.com/story/news/2022/06/22/ohio-historic-tax-credits-aid-hoover-district-canton-office-building/7694437001/ | 2022-06-23T02:10:55Z |
HUD announces $2.8 billion in grants for homeless services
WASHINGTON (AP) — The Department of Housing and Urban Development is providing $2.8 billion in fresh funding for homeless services organizations across the country.
The funding, announced Monday, will be allocated via competitive bids through HUD’s Continuum of Care Program, the largest source of federal grant support to housing and services programs for people experiencing homelessness.
HUD funds approximately 7,000 homeless services projects annually through the program. Applications for the new round of funding are due to HUD by Sept. 29.
A HUD statement announcing the funding said that existing Continuum of Care participants can “renew existing projects, apply for new projects and to reallocate resources from lower performing projects to better serve people experiencing homelessness.”
The announcement specifies that the new funding will prioritize services for homeless youth and for “survivors of domestic violence, dating violence, sexual assault, and stalking.”
Other priorities in the funding include an emphasis on racial equity and anti-discrimination polices for LGTBQ+ individuals. Access to the Continuum of Care funding will also be expanded to welcome applicants from Native American tribes and internal tribal housing support programs.
HUD Secretary Marcia Fudge said in a statement that the new funding “will help more Americans experiencing homelessness move into homes and access critical supportive services like health care, education, and job training.”
Fudge added that the Biden administration seeks to “prioritize equity in homelessness efforts and the humane treatment of people experiencing unsheltered homelessness, and the funding announced today will help communities do just that.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/01/hud-announces-28-billion-grants-homeless-services/ | 2022-08-01T17:29:47Z |
Wichita man sentenced to 20+ years in prison for death of woman found in river
MARION, Kan. (WIBW) - A Wichita man has been sentenced to more than 20 years in prison for his role in the death of a woman who was found deceased in the Ninnescah River in 2020.
Kansas Attorney General Derek Schmidt says on Monday, May 23, Robert Bruce Mans Jr., 50, of Wichita was sentenced to more than 22 years in prison for his connection with the disappearance and death of a Sedgwick Co. woman in April 2020.
AG Schmidt said Mans was sentenced in Marion Co. District Court to 228 months - 19 years - in a Kansas Department of Corrections facility on one count of voluntary manslaughter and 43 months - 3.5 years - for one count of aggravated battery.
The AG noted that the convictions stemmed from the death of Shalan Niccole Gannon, 27, of Wichita. He said authorities allege Gannon was killed on or around April 8, 2020. She was reported missing on April 11 and her body was found in June in the Ninnescah River in rural Sumner Co.
Mans was formally charged for the crimes in October 2020.
Schmidt said Senior Judge Mark S. Braun sentenced Mans to serve both sentences consecutively and required him to register as a violent offender. Mans pleaded guilty to the crimes on April 18, 2022.
Schmidt said a second defendant connected to the case, Jack Kirkby, 39, of Wichita, also pleaded guilty on Monday to one count of criminal desecration and was sentenced to 1 year of supervised probation.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/24/wichita-man-sentenced-20-years-prison-death-woman-found-river/ | 2022-05-24T17:53:27Z |
Centerspace Reports First Quarter 2022 Financial Results and Affirms Core FFO Guidance
Published: May. 2, 2022 at 3:30 PM CDT|Updated: 2 hours ago
MINNEAPOLIS, May 2, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three months ended March 31, 2022. The tables below show Net Income, Funds from Operations ("FFO")1, and Core FFO1, all on a per share basis, for the three months ended March 31, 2022; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted-Average Occupancy for each of the three months ended March 31, 2022, December 31, 2021, and March 31, 2021.
Highlights
Net Loss was $(0.68) per diluted share for the first quarter of 2022, compared to a Net Loss of $(0.49) per diluted share for the same period of 2021;
Core FFO increased 3.2% to $0.98 per diluted share for the three months ended March 31, 2022, compared to $0.95 for the three months ended March 31, 2021;
Same-store revenues increased by 8.6% for the first quarter of 2022 compared to the first quarter of 2021;
Same-store new lease rates were 6.9% for the first quarter of 2022, compared to 0.7% in the same period the prior year. Same-store renewal lease over lease rates were 9.6% for the first quarter of 2022, compared to 4.0% in the same period the prior year. Same-store blended lease over lease rates were 7.9% for the first quarter of 2022, compared to 2.0% for the same period the prior year;
Continued to grow the portfolio through the addition of 4 communities totaling 397 homes in the Minneapolis, Minnesota region; and
Continued to strengthen the balance sheet by issuing 321,000 common shares under the ATM program for net proceeds of $31.7 million.
Acquisitions and Dispositions
During the quarter, Centerspace acquired a portfolio of three communities in the Minneapolis, Minnesota region totaling 267 apartment homes for an aggregate purchase price of $68.1 million. The company also acquired Noko Apartments in Minneapolis for an aggregate purchase price of $46.4 million. The company previously financed the construction and mezzanine loan.
Subsequent Events
Following the end of the quarter, Centerspace paid off $22.3 million in mortgages. The Company does not have significant debt maturities over the next three years with only 5% of total debt maturing through the first quarter of 2025.
Balance Sheet
At the end of the first quarter, Centerspace had $223.3 million of total liquidity on its balance sheet, consisting of $210.0 million available under the lines of credit and cash and cash equivalents of $13.3 million.
Revised 2022 Financial Outlook
Centerspace revised its 2022 financial outlook and affirms its Core FFO guidance. For additional information, see S-14 of the Supplemental Financial and Operating Data for the quarter ended March 31, 2022 included at the end of this release. These ranges should be considered in their entirety. The revised outlook is:
Upcoming Events
On May 17, 2022, at 9:00 a.m. CDT, Centerspace will be holding its 2022 Annual Meeting of Shareholders live via the Internet. Shareholders can participate in and/or vote at the Annual Meeting via live webcast over the internet at www.virtualshareholdermeeting.com/CSR2022. Shareholders must enter their 16-digit control number found in their proxy materials, either on the Notice of Internet Availability of Proxy Materials, the proxy card, or in the instructions that accompanied the proxy materials to enter the 2022 Annual Meeting. The company urges the shareholders to vote and submit proxies in advance of the Annual Meeting by one of the methods described in the proxy materials for the Annual Meeting. The Annual Meeting webcast will begin promptly at 9:00 a.m. CDT. On the day of the Annual Meeting, the company recommends that you log into its virtual meeting at least 15 minutes prior to the scheduled start time to ensure you can access the meeting.
Earnings Call
Supplemental Information
Supplemental Operating and Financial Data for the quarter ended March 31, 2022 included herein ("Supplemental Information"), is available in the Investors section on Centerspace's website at www.centerspacehomes.com or by calling Investor Relations at 701-837-7104. Non-GAAP financial measures and other capitalized terms, as used in this earnings release, are defined and reconciled in the Supplemental Financial and Operating Data, which accompanies this earnings release.
About Centerspace
Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of March 31, 2022, Centerspace owned 83 apartment communities consisting of 14,838 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2021 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.
Forward-Looking Statements
Certain statements in this press release and the accompanying Supplemental Operating and Financial Data are based on the company's current expectations and assumptions, and are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements to be materially different from the results of operations, financial conditions, or plans expressed or implied by the forward-looking statements. Although the company believes the expectations reflected in its forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be achieved. Such risks, uncertainties, and other factors that might cause such differences include, but are not limited to those risks and uncertainties detailed from time to time in Centerspace's filings with the Securities and Exchange Commission, including the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" contained in its Annual Report on Form 10-K for the year ended December 31, 2021, in its subsequent quarterly reports on Form 10-Q, and in other public reports. The company assumes no obligation to update or supplement forward-looking statements that become untrue due to subsequent events.
CENTERSPACE NON-GAAP FINANCIAL MEASURES AND RECONCILIATIONS (unaudited)
This release contains certain non-GAAP financial measures. The non-GAAP financial measures should not be considered a substitute for operating results determined in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The definitions and calculations of these non-GAAP financial measures, as calculated by us, may not be comparable to non-GAAP financial measures reported by other REITs that do not define each of the non-GAAP financial measures exactly as Centerspace does.
The company provides certain information on a same-store and non-same-store basis. Same-store apartment communities are owned or in service for substantially all of the periods being compared, and, in the case of newly-constructed properties, have achieved a target level of physical occupancy of 90%. On the first day of each calendar year, Centerspace determines the composition of its same-store pool for that year as well as adjusts the previous year, which allows us to evaluate full period-over-period operating comparisons for existing apartment communities and their contribution to net income. The company believes that measuring performance on a same-store basis is useful to investors because it enables evaluation of how a fixed pool of its communities are performing year-over-year. Centerspace uses this measure to assess whether or not the company has been successful in increasing NOI, renewing the leases on existing residents, controlling operating costs, and making prudent capital improvements.
Reconciliation of Operating Income (Loss) to Net Operating Income
Net operating income, or NOI, is a non-GAAP financial measure which the company defines as total real estate revenues less property operating expenses, including real estate taxes. Centerspace believes that NOI is an important supplemental measure of operating performance for real estate because it provides a measure of operations that is unaffected by depreciation, amortization, financing, property management overhead, casualty losses, and general and administrative expenses. NOI does not represent cash generated by operating activities in accordance with GAAP and should not be considered an alternative to net income, net income available for common shareholders, or cash flow from operating activities as a measure of financial performance.
Reconciliation of Same-Store Controllable Expenses to Total Property Operating Expenses, Including Real Estate Taxes
Same-store controllable expenses exclude real estate taxes and insurance, in order to provide a measure of expenses that are within management's control, and is used for the purposes of budgeting, business planning, and performance evaluation. This is a non-GAAP financial measure and should not be considered an alternative to total expenses or total property operating expenses.
Reconciliation of Net Income (Loss) Available to Common Shareholders to Funds From Operations and Core Funds From Operations
Centerspace believes that FFO, which is a non-GAAP financial measure used as a standard supplemental measure for equity real estate investment trusts, is helpful to investors in understanding its operating performance, primarily because its calculation does not assume that the value of real estate assets diminishes predictably over time, as implied by the historical cost convention of GAAP and the recording of depreciation.
Centerspace uses the definition of FFO adopted by the National Association of Real Estate Investment Trusts, Inc. ("Nareit"). Nareit defines FFO as net income or loss calculated in accordance with GAAP, excluding:
depreciation and amortization related to real estate;
gains and losses from the sale of certain real estate assets; and
impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity.
The exclusion in Nareit's definition of FFO of gains and losses from the sale of real estate assets and impairment write-downs helps to identify the operating results of the long-term assets that form the base of the company's investments, and assists management and investors in comparing those operating results between periods.
Due to the limitations of the Nareit FFO definition, Centerspace has made certain interpretations in applying this definition. The company believes that all such interpretations not specifically identified in the Nareit definition are consistent with this definition. Nareit's FFO White Paper 2018 Restatement clarified that impairment write-downs of land related to a REIT's main business are excluded from FFO and a REIT has the option to exclude impairment write-downs of assets that are incidental to its main business.
While FFO is widely used by Centerspace as a primary performance metric, not all real estate companies use the same definition of FFO or calculate FFO in the same way. Accordingly, FFO presented here is not necessarily comparable to FFO presented by other real estate companies. FFO should not be considered as an alternative to net income or any other GAAP measurement of performance, but rather should be considered as an additional, supplemental measure. FFO also does not represent cash generated from operating activities in accordance with GAAP, nor is it indicative of funds available to fund all cash flow needs, including the ability to service indebtedness or make distributions to shareholders.
Core Funds from Operations ("Core FFO") is FFO as adjusted for non-routine items or items not considered core to business operations. By further adjusting for items that are not considered part of core business operations, the company believes that Core FFO provides investors with additional information to compare core operating and financial performance between periods. Core FFO should not be considered as an alternative to net income, or any other GAAP measurement of performance, but rather should be considered an additional supplemental measure. Core FFO also does not represent cash generated from operating activities in accordance with GAAP, nor is it indicative of funds available to fund the company's cash needs, including its ability to service indebtedness or make distributions to shareholders. Core FFO is a non-GAAP and non-standardized financial measure that may be calculated differently by other REITs and should not be considered a substitute for operating results determined in accordance with GAAP.
Reconciliation of Net Income (Loss) Available to Common Shareholders to Adjusted EBITDA
Adjusted EBITDA is earnings before interest, taxes, depreciation, amortization, gain/loss on sale of real estate and other investments, impairment of real estate investments, gain/loss on extinguishment of debt, gain/loss from involuntary conversion; and other non-routine items or items not considered core to business operations. The company considers Adjusted EBITDA to be an appropriate supplemental performance measure because it permits investors to view income from operations without the effect of depreciation, the cost of debt, or non-operating gains and losses. Adjusted EBITDA is a non-GAAP financial measure and should not be considered a substitute for operating results determined in accordance with GAAP.
Reconciliation of Net Income (Loss) Available to Common Shareholders to FFO and Core FFO
The following table presents reconciliations of Net income (loss) available to common shareholders to FFO and Core FFO, which are non-GAAP financial measures described in greater detail under "Non-GAAP Financial Measures and Reconciliations." They should not be considered as alternatives to net income or any other GAAP measurement of performance, but rather should be considered as an additional, supplemental measure. FFO and Core FFO also do not represent cash generated from operating activities in accordance with GAAP, nor are they indicative of funds available to fund all cash needs, including the ability to service indebtedness or make distributions to shareholders. The outlook and projections provided below are based on current expectations and are forward-looking.
Reconciliation of Operating Income to Net Operating Income
Net operating income, or NOI, is a non-GAAP financial measure which the company defines as total real estate revenues less property operating expenses, including real estate taxes. Centerspace believes that NOI is an important supplemental measure of operating performance for real estate because it provides a measure of operations that is unaffected by depreciation, amortization, financing, property management overhead, casualty losses, and general and administrative expenses. NOI does not represent cash generated by operating activities in accordance with GAAP and should not be considered an alternative to net income, net income available for common shareholders, or cash flow from operating activities as a measure of financial performance.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/05/02/centerspace-reports-first-quarter-2022-financial-results-affirms-core-ffo-guidance/ | 2022-05-02T22:32:18Z |
Huawei, Ericsson, Nokia, ZTE Top Small Cell Suppliers
REDWOOD CITY, Calif., June 22, 2022 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, the demand for small cells remains strong. Preliminary findings suggest small cell radio access network (RAN) revenues advanced 15 percent year-over-year in the first quarter, growing at a faster pace than the broader small cell plus macro RAN market.
"The fact that small cell investments are still advancing at a rapid pace even as the operators are intensifying their 5G macro roll out efforts show that small cells are now an essential part of the broader RAN toolkit," said Stefan Pongratz, Vice President at Dell'Oro Group. "Helping to explain this output acceleration is the shift towards 5G and the shrinking gap between macro and small cell deployments, especially with upper mid-band 5G," continued Pongratz.
Additional small cell highlights from the 1Q 2022 RAN report:
- Top 5 suppliers in the quarter include Huawei, Ericsson, Nokia, ZTE, and Samsung.
- Nearly all the small cell growth is driven by public 5G - small cell LTE revenues declined in the quarter and private 5G small cell investments are still negligible.
- Global small cell RAN revenues remain on track to surpass $5 B in 2022.
Dell'Oro Group's RAN Quarterly Report offers a complete overview of the RAN industry, with tables covering manufacturers' and market revenue for multiple RAN segments including 5G NR Sub-6 GHz, 5G NR mmWave, LTE, macro base stations and radios, small cells, Massive MIMO, Open RAN, and vRAN. The report also tracks the RAN market by region and includes a four-quarter outlook. To purchase this report, please contact us by email at dgsales@delloro.com.
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, enterprise networks, data center infrastructure, and network security markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit https://www.delloro.com.
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SOURCE Dell'Oro Group | https://www.wibw.com/prnewswire/2022/06/22/small-cells-still-growing-faster-than-macro-ran-1q-2022-according-delloro-group/ | 2022-06-22T12:50:55Z |
TORONTO (AP) — Auston Matthews looked a little sheepish after scoring his 50th goal into an empty net last month. How the Maple Leafs sniper bagged No. 60 was a lot more like it.
Matthews scored twice, the second on one of his patented snapshots, to become just the third player in the NHL’s salary cap era to register 60 goals in a season as Toronto defeated the Detroit Red Wings 3-0 on Tuesday night.
After being thwarted by Red Wings netminder Alex Nedeljkovic on a couple good looks in the first period, Matthews scored his 59th from in tight with just over four minutes left in the second to set the stage for his 60th in the third.
The 24-year-old kept a puck in at the offensive blue line on a power play and moved into the slot before ripping a puck past Nedeljkovic’s glove to send the crowd at Scotiabank Arena into a frenzy.
“It was pretty special,” Matthews said. “Just the reception from my teammates, the crowd, I mean, everything. It just kind of sends chills down your bones.”
Fans broke into deafening chants of “M-V-P! M-V-P!” for a superstar they believe is more than deserving of his first Hart Trophy as league MVP.
“Just the way he goes about it, the way he does it, the consistency, some of the things he’s done … you continue to shake your head,” said captain John Tavares, who had the other Toronto goal.
Matthews, who had gone five games without scoring, joined Steven Stamkos in 2011-12 and Alex Ovechkin in 2007-08 as the only players to reach 60 goals since the mid-1990s.
“Pretty unreal,” Tavares added. “A tremendous amount of love from the fans and a great way to do it.”
Matthews has also had a stretch of 51 goals in 50 games.
“It’s unique, it’s rare,” Leafs head coach Sheldon Keefe said. “I’m just really happy for him. He works extremely hard.”
Jack Campbell made 20 saves to register his fifth shutout of the season for Toronto (53-21-7), which clinched home ice advantage in the opening round of the Stanley Cup playoffs and also set a franchise record with its 30th home victory of the season. William Nylander added two assists.
The Leafs are locked into the No. 2 seed in the Atlantic Division and will open the postseason next week at Scotiabank Arena against either the Boston Bruins or Tampa Bay Lightning.
“We’re working towards something bigger,” Matthews said. “Definitely a moment for us to enjoy and be happy about. But the job’s not done, the work’s not finished.”
Nedeljkovic stopped 33 shots for Detroit (31-40-10), including those big early saves on Matthews.
“Ned played great,” Wings forward Sam Gagner said. “If you’re scoring 60, you’re finding ways to get it done no matter who you’re matched up against. He’s a really special player.”
Matthews, who suited up for his third straight game after missing three in a row with an undisclosed injury, solved Nedeljkovic with 4:12 left in the second on a backhand.
And after Tavares doubled the Leafs’ lead at 4:03 of the third with his 27th, Matthews buried No. 60 at 5:49 on a play that was close at the blue line.
Some fans threw hats on the ice in honor of the accomplishment, while teammates gave him an ovation on the bench.
“It means a lot,” Matthews said. “Just how tight-knit we are and this locker room, it’s like a family in there and a brotherhood.
“That’s what it’s all about.”
NOTES: Toronto defenseman Jake Muzzin, who played for just the 46th time in 2021-22, returned to the lineup after sitting out the last six games with an undisclosed injury. … Alexander Kerfoot got the call on the left side of the Leafs’ top line with Matthews and Mitch Marner as Michael Bunting (lower-body injury) missed his second consecutive contest. … Marner needs three points in the regular-season finale Friday against Boston to become the fourth player in franchise history to reach the century mark, joining Matthews, Darryl Sittler and Doug Gilmour.
UP NEXT
Red Wings: At New Jersey on Friday night.
Maple Leafs: Host the Boston Bruins on Friday night.
___
More AP NHL: https://apnews.com/hub/nhl and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/matthews-scores-2-to-reach-60-goals-as-leafs-top-wings-3-0/ | 2022-04-27T13:46:16Z |
TULSA, Okla., June 29, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for second quarter 2022 before the market opens on Thursday, July 28. Management will discuss second-quarter 2022 earnings and outlook for the remainder of the year during a conference call with analysts at 1:30 p.m. Eastern the same day.
Participants are encouraged to listen to the call via our website at www.magellanlp.com/investors/webcasts.aspx. In addition, a limited number of phone lines will be available at (800) 754-1366, conference code 22019355.
A replay of the audio webcast will be available for at least 30 days at www.magellanlp.com.
About Magellan Midstream Partners, L.P.
Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership that primarily transports, stores and distributes refined petroleum products and crude oil. Magellan owns the longest refined petroleum products pipeline system in the country, with access to nearly 50% of the nation's refining capacity, and can store more than 100 million barrels of petroleum products such as gasoline, diesel fuel and crude oil. More information is available at www.magellanlp.com.
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SOURCE Magellan Midstream Partners, L.P. | https://www.kxii.com/prnewswire/2022/06/29/magellan-midstream-announce-second-quarter-2022-financial-results-july-28/ | 2022-06-29T16:55:13Z |
CHICAGO, June 3, 2022 /PRNewswire/ -- Barchart, a leading data and technology partner trusted by over 600 agribusinesses representing over 4,000 grain facilities, has released the results of a new collegiate survey: The Future of Agriculture. This 22-page comprehensive report compiled by surveying agriculture focused students from 18 universities across the country helps agribusinesses in the commodity industry better understand where the future of ag is headed from the perspective of forthcoming professionals and leaders.
"Our latest survey outlines how college students who are studying various ag programs across the country view the future of the agriculture industry," says Barchart CEO Mark Haraburda. "Through the responses we received, we were able to uncover a significant amount of information which can be used by agribusinesses to guide them in better understanding how the current university generation perceives the current and upcoming landscape of ag."
The report outlines multiple conclusions, including: which tools are most essential to benefitting tomorrow's producers; where the most opportunity for technology disruption lies; how conservation impacts decisions for the upcoming generation; and, how technology and data will influence the industry's future.
"We would like to thank all of the college students who participated in this survey, and we hope our readers find the information and insights to be useful," added Haraburda.
To download the complete survey, please click here.
Barchart provides the most comprehensive suite of digital tools for agribusinesses to make better decisions, improve workflows and support growth. To learn more about these solutions or to join our network of agribusiness clients and service providers, please visit our website.
About Barchart
Barchart is a leading provider of market data and services to the global financial, media, and commodity industries. Our diversified client base trusts Barchart's innovative Solutions across data, software, and technology to power their operation from front to back office, while our Media brands enable financial and commodity professionals to make decisions through web content, news, and publications. For more information, please visit www.barchart.com/solutions.
Contact:
Colleen Sheeren
Barchart
Head of Marketing
312.283.2375
colleen.sheeren@barchart.com
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SOURCE Barchart | https://www.mysuncoast.com/prnewswire/2022/06/03/barchart-releases-new-survey-future-agriculture/ | 2022-06-03T14:40:00Z |
Outpatient IV therapy provider opens eighth location in Michigan to serve patients with conditions such as Crohn's disease, multiple sclerosis and autoimmune diseases
CLINTON TOWNSHIP, Mich., June 20, 2022 /PRNewswire/ -- Infusion Associates (IA), a leading provider of medically prescribed outpatient infusion and injection therapies in the Midwest, today announced the opening of a new infusion center in Clinton Township of Macomb County as one of their three new locations to serve metro Detroit. IA opened an infusion center in Troy on June 8 and will open another in Novi in September, operating 15 locations by the end of 2022.
Infusion Associates is currently accepting new patients at 44720 Hayes Rd. in Suite 200 in Clinton Township, their newest infusion center in Michigan offering a cost-effective alternative to hospital-based treatment. IA's patient-centered care model offers outpatient treatment 365 days a year with access to comfortable reclining chairs, private rooms, high-speed internet, warm blankets, and many other amenities.
"Our promise at Infusion Associates is to make care accessible and affordable to all that need routine infusion or injection therapies," said John Crawford, director of operations with Infusion Associates. "We look forward to bringing the 'IA Way' to the surrounding communities of Macomb and Oakland counties to provide patients with a new perspective on how comfortable care can be."
Infusion Associates creates a seamless process for medical providers and their team members to refer patients as well as for patients who want to switch their care. The IA team processes prior authorizations, copay assistance, benefits eligibility all while communicating with the provider's office throughout each step of their patient's care.
Call (833) 394-0600 or visit Infusion Associates' website to request an appointment or refer a patient to the Clinton Township location in Macomb County: www.infusionassociates.com/office-locations/clinton-township-mi/
Infusion Associates (IA) provides life enhancing therapies for patients with chronic conditions, such as gastrointestinal diseases or autoimmune disorders, in a warm and comfortable environment. Current infusion centers are located in Clinton Township, Troy, Okemos, Ann Arbor, Grand Rapids, Grandville, Grand Haven, and Traverse City, Michigan as well as Plymouth, Minnesota. Infusion Associates provides both a patient and provider-friendly service that delivers high-quality patient care while also being the lowest cost provider of infusion therapy. For more information, please visit www.infusionassociates.com.
Contact: Betsy Lipzinski, Marketing Communications Manager
Phone: (616) 954-0600 ext. 133
Email: betsy.lipzinski@infusionassociates.com
Web: www.infusionassociates.com
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SOURCE Infusion Associates | https://www.mysuncoast.com/prnewswire/2022/06/20/infusion-associates-opens-new-infusion-center-care-patients-with-chronic-disease-macomb-county/ | 2022-06-20T12:42:34Z |
Part Two of Rapid Change Management Webinar Series Helps HR Managers Mitigate Risks Associated with Remote Work Policies
TUSTIN, Calif., June 7, 2022 /PRNewswire/ -- Bright Talent, Inc., a strategic HR consultancy helping business leaders solve their most vexing people challenges, today announced the webinar titled, "Work from Anywhere? Not so fast!" This the second podcast-style, micro-webinar in its rapid change management series. The webinar will be held on June 17, 8:30 to 9:00am PDT discussing the opportunities for professionals to work from anywhere in the world, and the implications this presents for employers. Global Mobility expert, Gabby LaHerran, will share her knowledge on the importance of knowing these implications and how to properly develop remote work policies.
"The pandemic has ushered in opportunities for professionals to work from anywhere, evoking romantic ideas of Zoom meetings on sandy beaches or in an Italian villa," said Brenan German, founder and president of Bright Talent. "But before those flights are booked, we invite HR leaders to participate in this webinar to help them get their arms around the big issues associated with work-from-anywhere policies, so they have tools to quickly adopt appropriate global mobility practices."
The webinar will focus on a few high-level topics concerning work authorization and corporate tax for employees working remotely within the U.S. and outside its borders, offering the information employers need to mitigate risk of non-compliance. This engaging webinar includes live Q&A with our audience toward the end of the event.
To pre-register for the webinar, visit: BrightTalent.com/change-management.
Bright Talent, Inc. is a human resources consultancy focused on helping HR teams and business leaders solve people challenges.
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SOURCE Bright Talent, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/07/bright-talent-demystifies-hr-policies-global-mobility-new-webinar/ | 2022-06-07T16:13:36Z |
MIDDLETOWN, Md., July 18, 2022 /PRNewswire/ -- Community Heritage Financial, Inc. (OTCPK: CMHF), announced today its Board of Directors declared a quarterly cash dividend on its common stock of $0.04 per share. The dividend is payable on August 5, 2022 to shareholders of record on July 29, 2022.
Community Heritage Financial, Inc. is the parent company of Middletown Valley Bank (the "Bank"). Middletown Valley Bank provides personal and business banking services, as well as mortgage lending services through its wholly owned subsidiary, Millennium Financial Services, Inc. (Mlend). Originating in Middletown, Maryland in 1908, today the Bank operates offices in the Maryland counties of Frederick, Washington, Garrett and Anne Arundel, and Franklin County, Pennsylvania. For more information, visit www.communityheritageinc.com or www.mvbbank.com.
Investor Relations Contact:
Community Heritage Financial, Inc.
Robert E. (BJ) Goetz, Jr.
President & Chief Executive Officer
301-371-3055
bjgoetz@mvbbank.com
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SOURCE Community Heritage Financial, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/18/community-heritage-financial-inc-announces-second-quarter-2022-dividend/ | 2022-07-18T19:10:25Z |
Acquisition extends the Perforce portfolio with a solution to automate, scale, and integrate security and compliance across hybrid infrastructures
MINNEAPOLIS, April 11, 2022 /PRNewswire/ -- Perforce Software ("Perforce"), a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle, backed by Francisco Partners and Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), announced today that it has signed a definitive agreement to acquire Puppet (or "the Company"), an infrastructure automation software platform which enables users to deliver, update, monitor, and secure software across physical and virtual machines. Financial terms of the transaction were not disclosed.
By increasing productivity, eliminating mistakes, enhancing security, and accelerating software delivery for DevOps teams, Puppet's solutions support customers on their digital transformation journeys. Puppet was an early developer of what is now referred to as "infrastructure-as-code." More than 40,000 organizations have benefited from Puppet's open source and commercial solutions as the Company's infrastructure automation technology provides solutions to strengthen its customers' security posture, compliance, and business resiliency beyond the data center to the cloud. Additionally, Puppet's annual State of DevOps Report is regarded as the informative source for updates on DevOps adoption and advancement across organizations by over 35,000 technical and managerial professionals polled via ten separate surveys since 2011.
"This acquisition expands our product offering by adding new capabilities for enterprise DevOps teams to manage and secure their critical infrastructure," said Mark Ties, CEO of Perforce. "With Puppet, we will be providing our customers with access to a product portfolio that enables them to drive innovation on a global scale. We look forward to welcoming the Puppet team and continuing to offer the level of customer support, services, and community Puppet has established in the market."
"Puppet has been in the DevOps space for over 15 years with a focus on infrastructure-as-code and operators. Going forward, however, we believe enterprise customers are looking for strategic partners who can provide more breadth and depth across the entire DevOps lifecycle. Integrating Puppet into Perforce does just that," said Yvonne Wassenaar, CEO of Puppet. "As part of Perforce, we believe we will be better positioned to service the breadth of DevOps needs our customers have while accelerating our own innovation to ensure customers can deliver, operate and automate their infrastructures at scale in the data center, across clouds, and out to the edge."
The addition of Puppet builds on Perforce's existing DevOps portfolio, allowing Perforce to continue its focus on DevOps at scale and solve some of the most difficult automation challenges in the world's largest enterprises. Like Perforce, Puppet delivers solutions to some of the biggest companies in the world, including, as of year-end 2021, 85 percent of the world's largest banks and 80 percent of the world's top technology organizations. Together, the combined company will be helping to drive innovation at its combined customer base, which includes 40 companies of the Fortune 50.
"With this strategic acquisition, Perforce is positioned to capitalize on market tailwinds driving demand for IT infrastructure automation," said Evan Daar, Partner at Francisco Partners, and Sean Courtney, Senior Vice President at Clearlake, in a joint statement. "The addition of Puppet further enhances the capabilities Perforce can offer to its valued customers, and we look forward to catalyzing this opportunity to drive continued momentum for the platform."
The acquisition is subject to customary closing conditions and is expected to close in the second quarter of 2022.
To learn more about Puppet and its product offering, visit www.puppet.com
Jefferies LLC acted as exclusive financial advisor to Puppet in connection with the transaction. Lincoln International acted as the exclusive financial advisor to Perforce Software in connection with the transaction.
About Puppet
Puppet empowers people to innovate through infrastructure automation. For more than a dozen years, Puppet has pioneered the way in which infrastructure and operations teams scale infrastructure in the largest and fastest growing organizations in the world. More than 40,000 organizations — including over 80 percent of the Global 5000 — have benefited from Puppet's open source and commercial solutions to strengthen customers' security posture, compliance and business resiliency beyond the data center to the cloud. Headquartered in Portland, Oregon, Puppet is a privately held company with offices in London, Belfast, Singapore, and Sydney. For more information on Puppet, please visit www.puppet.com.
About Perforce
Perforce powers innovation at unrivaled scale. Perforce solutions future-proof competitive advantage by driving quality, security, compliance, collaboration, and speed – across the technology lifecycle. We bring deep domain and vertical expertise to every customer, so nothing stands in the way of success. Privately held and funded by Clearlake Capital and Francisco Partners, our global footprint spans more than 80 countries and includes over 75% of the Fortune 100. Perforce is trusted by the world's leading brands to deliver solutions to even the toughest challenges. Accelerate technology delivery, with no shortcuts. Get the Power of Perforce.
About Francisco Partners
Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch over 20 years ago, Francisco Partners has invested in more than 400 technology companies, making it one of the most active and longstanding investors in the technology industry. With approximately $38 billion in assets under management, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential. For more information on Francisco Partners, please visit www.franciscopartners.com.
About Clearlake Capital
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are technology, industrials, and consumer. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.
Media Contacts
PERFORCE U.S.
Grace Bonacum
PAN Communications
Ph: +1 617 502 4300
perforce@pancomm.com
PERFORCE UK/EMEA
Maxine Ambrose
Ambrose Communications
Ph: +44 118 328 0180
perforcepr@ambrosecomms.com
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SOURCE Perforce Software | https://www.wibw.com/prnewswire/2022/04/11/perforce-acquire-devops-pioneer-puppet/ | 2022-04-11T12:29:42Z |
WASHINGTON, May 23, 2022 /PRNewswire/ --
Editor's Note: NASA has extended the comment period on its Moon to Mars Objectives to 5 p.m. EDT on Friday, June 3. Comments were previously set to close on Tuesday, May 31. While the agency is working on a tight deadline to finalize the objectives this fall, numerous respondents requested additional time to provide higher quality feedback The agency still intends to invite select participants to its workshops this summer to include the first event in June as originally planned.
As NASA moves forward with plans to send astronauts to the Moon under Artemis missions and prepare for human exploration of Mars, the agency is calling on U.S. industry, academia, international communities, and other stakeholders to provide input on its deep space exploration objectives.
NASA released a draft set of high-level objectives Tuesday, May 17, identifying 50 points falling under four overarching categories of exploration, including transportation and habitation; Moon and Mars infrastructure; operations; and science.
"The feedback we receive on the objectives we have identified will inform our exploration plans at the Moon and Mars for the next 20 years," said Deputy Administrator Pam Melroy. "We're looking within NASA and to external stakeholders to help us fine-tune these objectives and be as transparent as possible throughout our process. With this approach, we will find potential gaps in our architecture as well as areas where our goals align with those from industry and international partners for future collaboration."
At this time, no formal request for information or other procurement activity is anticipated for this effort, which is managed by a team in the Exploration Systems Development Mission Directorate at NASA Headquarters in Washington.
"These objectives will move us toward our first analog Mars mission with crew in space and prepare us for the first human mission to the surface of the Red Planet," said Jim Free, associate administrator for the Exploration Systems Development Mission Directorate. "After reviewing feedback on the objectives, we will work with our partners to discuss input and finalize our framework this fall."
The agency will host two stakeholder workshops to discuss feedback on the draft objectives. The first is planned for June with partners from American industry and academia, who will be invited based on NASA's interest in their feedback to the objectives, followed by a second workshop in July with international organizations.
Comments are also being solicited from the NASA workforce to contribute to the updated objectives through internal agency processes.
The agency is inviting broad input to its objectives from various stakeholders and identify collaboration opportunities, technology needs, and areas of scientific importance while pinpointing potential gaps and risks to its Moon to Mars architecture. Ultimately, through this cooperative and resilient objectives-focused approach, the agency aims to integrate with partner efforts, reduce the overall costs to the American taxpayer, and better adjust to changes in funding.
A list of the full 50 objectives and a glossary is available online at:
Public comments are being accepted online until June 3 at:
Learn more about NASA's Moon to Mars strategy in this presentation:
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SOURCE NASA | https://www.mysuncoast.com/prnewswire/2022/05/23/update-nasa-seeks-comments-moon-mars-objectives-by-june-3/ | 2022-05-23T16:57:50Z |
LAVAL, Quebec, July 27, 2022 /PRNewswire/ -- Bausch Health Companies Inc. (NYSE/TSX: BHC) ("Bausch Health") will release its second-quarter financial results on Tuesday, Aug. 9, 2022. Bausch Health will host a conference call and live web cast at 8:00 a.m. ET to discuss the results and provide a business update. All materials will be made available on the Investor Relations section of the Bausch Health website prior to the start of the call.
Conference Call Details
Bausch Health Companies Inc. (NYSE/TSX: BHC) is a global diversified pharmaceutical company whose mission is to improve people's lives with our health care products. We develop, manufacture and market a range of products primarily in gastroenterology, hepatology, neurology, dermatology, international pharmaceuticals and eye health, through our approximately 90% ownership of Bausch + Lomb Corporation. With our leading durable brands, we are delivering on our commitments as we build an innovative company dedicated to advancing global health. For more information, visit www.bauschhealth.com and connect with us on Twitter and LinkedIn.
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SOURCE Bausch Health Companies Inc. | https://www.wibw.com/prnewswire/2022/07/27/bausch-health-companies-inc-will-release-second-quarter-2022-financial-results-aug-9/ | 2022-07-28T00:38:31Z |
Veteran groups urge Senate to move on burn pit legislation
President Biden also calls for legislation to pass
The U.S. military disposed of a wide range of materials in Iraq and Afghanistan in burn pits. Today, veterans exposed to those burn pits are coming down with a wide range of diseases, some of which are proving fatal.
This week, the Biden administration added nine types of cancers to the list of illnesses eligible for veterans’ health care benefit, linking them back to burn pit exposure. Still, the administration is calling on Congress to deliver legislation that will allow more veterans exposed to burn pits to receive better healthcare from Veterans Affairs hospitals.
Pat Murray, the legislative director for the Veterans of Foreign Wars, said, “We know that breathing in toxins are bad. Burn pits are illegal in the United States. You try to burn all your trash in your backyard, you’re going to get a call from the cops right away.”
Murray said veterans in their twenties and thirties were exposed to burn pits overseas and are coming down with rare cancers and other serious illnesses. He said, “It’s very unfortunate that we’re asking the men and women to then prove to VA that their illness is because of what our government put them through.”
Murray says veterans are waiting on the Senate to pass the PACT Act, which has already passed the House. He said the legislative package would increase care options and expand the list of illnesses veterans can get treatment for. The VFW is just one of the dozens of Veterans Service Organizations urging the Senate to pass the legislation and send it to President Joe Biden’s desk.
The groups are hoping that former Daily Show Host Jon Stewart can help rally support with events like these in different cities. In an interview with Gray Television’s Kansas City station, Stewart urged the Senate to move faster.
Stewart said, “These guys are trying to nitpick this thing to make it perfect. It’s never going to be perfect, but millions of veterans need the help.”
The VFW’s Murray said he expects support from all 50 Senate democrats, but still needs at least 10 republican senators. Some lawmakers expressed concern over cost and overwhelming the VA and lowering the standard of care across the board.
Florida Republican Senator Marco Rubio said in a statement, “These heroes did not hesitate to answer the call to serve their nation, and the least we can do is ensure they are taken care of following their service. I will not stop until our veterans can receive the care they earned.”
In a hearing last month, Veterans Affairs Secretary Denis McDonough told a Senate committee that if the PACT Act is passed, he expects up to two-and-a-half million new claims to be filed in the next three years. He said the VA will need to hire more staff.
WASHINGTON (Gray DC) -
Copyright 2022 Gray DC. All rights reserved. | https://www.wibw.com/2022/04/27/veteran-groups-urge-senate-move-burn-pit-legislation/ | 2022-04-27T16:16:22Z |
Pennsylvania man accused of raping children arrested in Canton
CANTON – The Northern Ohio Violent Fugitive Task Force arrested a Pennsylvania man wanted on five counts of child rape.
David Hanshe, 34, was arrested Friday near the 1100 block of 16th Street NE and Gibbs Avenue NE, according to the agency.
Hanshe was being sought in Pennsylvania with warrants for his arrest issued on July 11.
According to the task force, Hanshe is accused of sexually assaulting three children between the ages of 18 months and 8 years old between December 2013 and December 2016.
Hanshe had been living in Canton for the past year, according to investigators.
In a news release, U.S. Marshal Pete Elliott stated, “The crimes this fugitive is accused of committing are despicable and deserving of just punishment. Our task force members dropped everything and made this case a priority.”
Anyone with information concerning any wanted fugitive can contact the Northern Ohio Violent Fugitive Task Force at 1-866-4WANTED (1-866-492-6833), or you can send a web tip at the following webpage http://www.usmarshals.gov/district/oh-n/index.html. Reward money is available and tipsters may remain anonymous.
Reach Cassandra cnist@gannett.com; Follow on Twitter@Cassienist | https://www.cantonrep.com/story/news/2022/07/15/pennsylvania-man-accused-raping-children-arrested-canton/10070716002/ | 2022-07-15T20:06:42Z |
Obama says disinformation erodes democracy
PALO ALTO, Calif. (CNN) - In a rare public appearance Thursday, former President Barack Obama said disinformation and conspiracy theories have led to the rise of strongmen like Vladimir Putin.
Obama warned that the foundation of democracy is at risk like never before.
“People like Putin, and Steve Bannon for that matter, understand it’s not necessary for people to believe this information in order to weaken democratic institutions. You just have to flood a country’s Public Square with enough raw sewage,” Obama said. “You just have to raise enough questions spread enough dirt. Plant enough conspiracy theorizing that citizens no longer know what to believe.”
Obama came to Stanford, the heart of Silicon Valley, Thursday with a warning about the threat that disinformation poses to American democracy – putting Putin and former Trump adviser Bannon in the same sentence and saying he underestimated in 2016 how powerful conspiracy theories had become.
“No one in my administration was surprised that Russia was attempting to meddle in our election,” he said. “What does still nag at me, though, was my failure to fully appreciate at the time just how susceptible we had become to lies and conspiracy theories.”
Those lies and conspiracy theories are still very much alive in the U.S.
“We just saw a sitting president deny the clear results of an election and help incite a violent insurrection at the nation’s Capitol,” Obama said. “Social media did not create racism or white supremacist groups. All these things existed long before the first tweet or Facebook Poke. Solving the disinformation problem won’t cure all that ails our democracies or tears at the fabric of our world. But it can help tamp down divisions and let us rebuild the trust and solidarity needed.”
Obama laid out how he believes social media algorithms designed to maximize engagement and keep people hooked are contributing to a crisis in democracy.
“Unfortunately, it turns out that inflammatory polarizing content attracts and engages. Other features of these platforms have compounded the problem, for example, the way content looks on your phone, as well as the veil of anonymity that platforms provide their users,” Obama said. “A lot of times can make it impossible to tell the difference between say a peer-reviewed article by Dr. Anthony Fauci and a miracle cure being pitched by a huckster. People are dying because of misinformation.”
Obama said it is time for social media companies to step up.
“Tech platforms need to accept that they play a unique role in how we as a people and people around the world are consuming information and that their decisions have an impact on every aspect of society. With that power comes accountability,” he said.
And the former president called for more transparency from these platforms, also speaking a little bit about how the U.S. government could possibly regulate big tech without going down the line of trying to censor speech in any way which, of course, would be against the First Amendment here in the United States.
Obama didn’t go into a lot of specifics about that very thorny issue of possible government regulation, but he is saying and he is trying to put all of this on the agenda, saying there needs to be a public debate about all of it, and it needs to happen urgently.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/04/22/obama-says-disinformation-erodes-democracy/ | 2022-04-22T11:34:14Z |
LAKE MARY, Fla., July 29, 2022 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader in 4D digital reality, today announced the expansion of its Board of Directors to nine members and the appointment of Rajani Ramanathan to its Board of Directors.
Ms. Ramanathan has held numerous senior executive leadership positions at Salesforce.com, concluding her nearly 14-year tenure as Salesforce's Executive Vice President and Chief Operating Officer of Technology & Products.
"Rajani's experience in building one of the pioneers of the SaaS industry at Salesforce.com, will be invaluable as FARO seeks to capitalize on the digitalization of the physical world. Our recent FARO Sphere launch has laid the foundation for accelerated SaaS growth, and we're pleased to have Rajani join us as we continue the transformation of FARO," commented Yuval Wasserman, Chairman of FARO's Board of Directors.
"Innovation for sustainable smart city development and solving urban challenges is an area of focus for me. I am excited to join FARO's Board and have the opportunity to work with the management team as the company increases its focus on SaaS offerings that target eliminating waste and improving process efficiencies for builders, owners and operators of the world's buildings," said Ms. Ramanathan.
Ms. Ramanathan's appointment became effective on July 25, 2022. She will be included in the slate of nominees for election to the Board of Directors at FARO's 2023 annual shareholders meeting.
FARO serves the 3D Metrology, AEC (Architecture, Engineering & Construction), O&M (Facilities Operations & Maintenance), and Public Safety Analytics markets. For over 40 years, FARO has provided industry-leading technology solutions that enable customers to digitize their world, and then use that data to make smarter decisions faster. FARO continues to be a pioneer in bridging the digital and physical worlds through data-driven accuracy, precision, and immediacy. For more information, visit www.faro.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties, such as statements about FARO's investments in its cloud-based 3D software platform and transition to providing combined hardware-software solutions. Such forward-looking statements may be identified by the use of the following words (among others): "believes," "expects," "may," "will," "plan," "should" or "anticipates," or comparable words and their negatives. These forward-looking statements are not guarantees but are subject to risks and uncertainties that could cause actual results to differ materially from the expectations contained in these statements. For a discussion of such risks and uncertainties, please see Part I, Item 1A. Risk Factors in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 that was filed on February 16, 2022. FARO assumes no obligation to update any forward-looking statements contained in this press release in the event of changing circumstances or otherwise, and such statements are current only as of the date they are made.
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SOURCE FARO | https://www.kxii.com/prnewswire/2022/07/29/faro-appoints-rajani-ramanathan-its-board-directors/ | 2022-07-29T13:22:05Z |
TEL AVIV, Israel, June 7, 2022 /PRNewswire/ -- Save A Train, the leader in digital B2B Rail ticketing worldwide and the largest global rail distributor, has secured an unsolicited amount by a strategic investor, Lars Gorschlueter, the owner of GOTEC Group, a worldwide automotive supplier.
Save A Train plans to use the proceeds of this investment to substantially increase its headcount and to further expand its presence and strength in this relatively underdeveloped but nevertheless key market of the travel & transportation industry.
During the recent pandemic Save A Train saw its global rail tickets sales shrink just like the rest of the travel industry but nevertheless saw its clients list more than doubling. Currently Save A Train has contracts with 7 out of the 10 largest travel companies worldwide.
Save A Train was founded in 2016 with Headquarters in Israel and The Netherlands. Its aim is to digitize and simplify international train travel for B2B partners. Save A Train aims to make Rail travel digital for anyone who wishes to foray into this over $200 Bn market.
Save A Train has built a solid rail technology that solves the problems that other competitors, as well as railway companies failed to solve.The Save A train system acts as the backbone of train ticketing globally, and created a solution to many of the problems this complicated and overlooked mobility vertical has.
Felix Schulte, CFO with the Gotec Group and head of the group's ventures says: "Rail plays a crucial in the future of both Business and Leisure Travel as it emits far less CO2 than equivalents means of travel by road or air. This is what we want to be part of an environmental friendly travel development that needs technical and digital development at the same time."
"As a car part supplier with a link to rail, we want to diverse our business and Save A Train with its Rail + Digital economy + Team, was an easy decision for us," he says. "We will continue to support Save A Train's growth and its needs to make it a clear winner in the post covid travel world."
René de Groot, Managing Director with Save A Train BV adds: "With over 30 years of personal experience in the international business and leisure travel world and in Rail in particular, I am happy to be part of this revolutionary company. Together with Gotec team, I am sure we will continue to make Rail a more viable and attractive travel option for the whole world."
For more information on Save A Train please contact:
René de Groot / rene.degroot@saveatrain.com / +31 6 431 955 05 / www.saveatrain.com
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SOURCE Save A Train | https://www.kxii.com/prnewswire/2022/06/07/save-train-attracts-strategic-investor-make-trains-digitalization-faster/ | 2022-06-07T13:21:11Z |
(NEXSTAR) – Monkeypox cases continue to rise and have now been confirmed in 12 U.S. states and Washington D.C., according to new data from the Centers for Disease Control and Prevention (CDC).
There are now 31 Americans who have contracted monkeypox or are presumed to have it after testing positive for orthopoxvirus, the family of viruses to which monkeypox belongs, according to CDC numbers released Monday.
New York has the most cases (7), followed by California (6), Florida (4), Colorado (3), Illinois (2) and Utah (2). Washington D.C., Georgia, Hawaii, Massachusetts, Pennsylvania, Virginia and Washington all have one confirmed case.
The testing process takes time, as suspected cases are first tested at one of 66 U.S. public health labs that can test for orthopoxvirus, and, if positive, are then sent to CDC headquarters in Atlanta to be tested for monkeypox, according to The New York Times.
The CDC has also issued a Level 2 alert for travelers, urging them to avoid close contact with sick people, dead or live wild animals, meat prepared from wild game and potentially contaminated materials such as clothing or bedding. Wearing a mask can also help protect against monkeypox, according to the CDC.
The U.S. is one of a number of other countries where monkeypox cases are not usually reported.
British health officials reported 77 more monkeypox cases on Monday, raising the total to more than 300 across the country. To date, the U.K. has the largest identified outbreak of the disease beyond Africa.
On Sunday, the World Health Organization (WHO) said more than two dozen countries that haven’t previously identified monkeypox cases reported 780 cases, a more than 200% jump in cases since late May. No monkeypox deaths outside of Africa have yet been identified.
The first symptoms of monkeypox include fever, headache, muscle ache, backache, swollen lymph nodes, chills, and exhaustion. Within days a rash will form and give way to pustules which may leave scarring. The illness lasts about 2-4 weeks and mortality data from Africa show that as many as one in 10 people die from the disease.
The CDC is urging U.S. healthcare providers to be alert for patients with such symptoms.
Most cases in Europe and elsewhere have been spotted in sexual health clinics and “have involved mainly, but not exclusively, men who have sex with men,” WHO officials said, but anyone in contact with someone who has monkeypox is at risk.
Last week, WHO’s top expert on monkeypox, Dr. Rosamund Lewis, said she doubted the disease would trigger a pandemic, but said actions should be taken quickly to curb its spread so it doesn’t become entrenched in new areas.
The Associated Press contributed to this report. | https://cw33.com/news/nexstar-media-wire/cdc-monkeypox-now-confirmed-in-12-states-washington-d-c-as-cases-grow/ | 2022-06-07T01:27:11Z |
NEW YORK, Aug. 25, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in 17 Education & Technology Group Inc. ("17EdTech" or the "Company") (NASDAQ: YQ) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of 17EdTech investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded 17EdTech securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with 17EdTech's December 2020 initial public offering. Follow the link below to get more information and be contacted by a member of our team:
YQ investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) 17EdTech's K-12 Academic AST Services would end less than a year after the Company's initial public offering; (2) as part of its ongoing regulatory efforts, Chinese authorities would imminently curtail and/or end 17EdTech's core business; and (3) as a result, defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT'S NEXT? If you suffered a loss in 17EdTech during the relevant time frame, you have until September 19, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/08/25/yq-lawsuit-alert-levi-amp-korsinsky-notifies-17-education-amp-technology-group-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-08-25T10:09:24Z |
NEW YORK, Sept. 2, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Carvana Co. (NYSE: CVNA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/carvana-co-loss-form/?id=31299&from=4
The lawsuit seeks to recover losses for shareholders who purchased Carvana between May 6, 2020 and June 24, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until October 3, 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, Carvana Co. issued materially false and/or misleading statements and/or failed to disclose that: (1) Carvana faced serious, ongoing issues with documentation, registration, and title with many of its vehicles; (2) as a result, Carvana was issuing unusually frequent temporary plates; (3) as a result of the foregoing, Carvana was violating laws and regulations in many existing markets; (4) as a result of the foregoing, Carvana risked its ability to continue business and/or expand its business in existing markets; (5) as a result of the foregoing, Carvana was at an increased risk of governmental investigation and action; (6) Carvana was in discussion with state and local authorities regarding the above-stated business tactics and issues; (7) Carvana was facing imminent and ongoing regulatory actions including license suspensions, business cessation, and probation in several states and counties including in Arizona, Illinois, Pennsylvania, Michigan, and North Carolina; and (8) as a result, Defendants' statements about Carvana's 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.kxii.com/prnewswire/2022/09/02/cvna-shareholder-alert-jakubowitz-law-reminds-carvana-shareholders-lead-plaintiff-deadline-october-3-2022/ | 2022-09-02T11:24:51Z |
The heart failure program is a new model for cardiology practices in managing heart failure, starting with patients in Northeast Florida
NEW YORK, May 17, 2022 /PRNewswire/ -- Novocardia, a value-based cardiovascular disease care platform, has launched an innovative heart failure program that combines individualized health coaching and remote patient monitoring to improve the lives of heart failure patients and decrease the need for hospitalizations.
Using a "telehealth first model," Novocardia's heart failure management program focuses on the early detection of decompensation, which allows for at-home interventions that may reduce the need for emergency department visits. The program is designed to enable cardiology or primary care practices, as well as Accountable Care Organizations (ACOs) and health plans, to improve patient outcomes while decreasing costs in both fee-for-service and value-based care payment models.
Introduced initially at First Coast Heart & Vascular Center in Northeast Florida, Novocardia's heart failure program equips practices with evidence-based protocols, best-in-class remote monitoring and telehealth technology, and smart data collection and analytics, enabling them to both implement the program efficiently and measure performance and outcomes.
"With our patient-centered, data-driven heart failure management program, Novocardia is delivering a solution to cardiology practices that enables them to optimize patient care while achieving the value that payers and risk-bearing partners increasingly expect," said Katherine Evans, DNP, FNP-C, GNP-BC, ACHPN, FAANP, Chief Nursing Officer & Senior Vice President of Clinical Services at Novocardia.
The heart failure model of care was developed by Evans and Novocardia Co-Founders Dr. Dan Blumenthal, CEO, and Dr. Julius Torelli, Chief Medical Officer, who together have decades of experience caring for heart failure patients.
Congestive heart failure (CHF) is a chronic condition in which the heart muscle is unable to pump enough blood to keep up with the body's need for oxygen. CHF affects approximately 6.2 million U.S. adults.* Common symptoms of CHF include shortness of breath with activity or when lying flat, leg swelling, and fatigue. The condition typically worsens over time, putting patients at risk for organ failure and death.
Although there is no cure, research shows that diet and lifestyle changes, closely monitoring symptoms, and taking medications properly – potentially combined with surgical interventions and cardiac resynchronization therapy – can improve quality of life, prevent many hospital visits, and reduce the risk of death.**
Patients may be referred to Novocardia's heart failure program by their cardiologist, or at hospital discharge, a time when studies have shown that heart failure patients are at high risk of hospital readmission.*** During the approximately three-month program, enrolled patients receive regularly scheduled telehealth visits with a nurse practitioner, as well as patient education and health coaching visits, providing exceptional evidence-based care at the right time and at their convenience. Patients' vital signs, weight and other key indicators are monitored remotely so that the clinical team can respond quickly to alerts and prevent further exacerbations that could lead to hospitalization.
"Providing one-on-one health counseling with frequent touchpoints to support heart failure patients with the self-management of the disease is vital in achieving success in living with heart failure," Torelli said. "With this, they have less need for accessing acute care services, thereby reducing overall healthcare costs."
"We are delighted to expand our leading, patient-centered care to Northeast Florida residents with the new heart failure program," said Dr. Dinesh Pubbi, MD, FACC, FHRS, Director of Electrophysiology at First Coast Heart & Vascular Center. "By focusing on proactive and preventive care, the program will improve outcomes for more patients while reducing hospitalizations and the financial burdens on our healthcare system. We look forward to building strong practitioner-patient relationships that will lead to better health for patients with heart failure."
By leveraging Novocardia's robust data collection and analytics capabilities, cardiology practices can gain insights into the clinical needs of their patient population and can measure performance to fine-tune their services and demonstrate value.
"Our data and analytics capabilities enable physicians to understand their patient population, identify opportunities for improvement, and demonstrate efficiency and effectiveness," Torelli said.
ABOUT NOVOCARDIA™
Founded in 2020, Novocardia is on a mission to transform how cardiovascular care is delivered in the United States and help patients with heart and vascular disease live longer, healthier, and more satisfying lives. Novocardia is committed to putting cardiologists, and their patients, at the center of care by investing in our partner practices, deploying purpose-built data and analytics tools to improve patient outcomes, and enabling our partners to transition more successfully to value-based care. To learn more about Novocardia, please visit www.novocardiahealth.com.
ABOUT FIRST COAST HEART & VASCULAR CENTER
First Coast Heart & Vascular Center is a leading provider of high-quality cardiovascular disease care in Northeast Florida, offering a comprehensive array of services, including general, interventional and vascular cardiology, electrophysiology, heart failure, diagnostic imaging, and nuclear cardiology. To learn more about First Coast Heart & Vascular Center, please visit https://www.firstcoastheart.com.
*Source: American Heart Association, Circulation https://www.ahajournals.org/doi/10.1161/CIR.0000000000000757
**Source: British Medical Journal, Systematic review of multidisciplinary interventions in heart failure. https://heart.bmj.com/content/91/7/899
*****Source: American Heart Association, Circulation: Heart Failure, https://www.ahajournals.org/doi/10.1161/CIRCHEARTFAILURE.121.008335
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SOURCE Novocardia | https://www.mysuncoast.com/prnewswire/2022/05/17/novocardia-launches-groundbreaking-value-based-heart-failure-management-program-improve-patient-outcomes-reduce-hospitalizations/ | 2022-05-17T19:10:42Z |
Multifamily investment firm's total transaction volume exceeds $400 million in the last 12 months
RICHMOND, Va., Aug. 18, 2022 /PRNewswire/ -- 37th Parallel Properties ("37th Parallel") just announced their newest acquisition, Creekside South, a 252-unit, 2015-built multifamily community located in the thriving Wylie submarket. The asset was acquired in an off-market transaction by 37th Parallel on behalf of their investors and joint venture partners. 37th Parallel now has more than 1,000 units in the Dallas-Fort Worth metro, representing over $235 million in asset value. This acquisition builds upon the firm's recent activity in the Sunbelt, completing over $320 million in transactions over the last twelve months with an additional $85 million pending.
"North Dallas has experienced explosive growth in recent years, benefiting from 18 of the top 25 corporate relocations and expansions in 2020 alone," said Dan Chamberlain, Managing Partner. "Wylie's population has grown 43% in the last eleven years, almost twice the rate of the Dallas-Fort Worth metro overall and six times the national average. With average household income over $115,000 and access to one of the best school districts in Dallas, we believe Creekside is particularly well positioned to capture the demonstrated suburban demand," said Chamberlain.
The property benefits from the comfort and convenience of a residential suburb combined with the connectivity and easy access to the multitude of Dallas metro amenities and employment centers. The property features a mix of one-, two-, and three-bedroom units with large floorplans averaging 936 square feet. Apartment and community amenities include nine-foot ceilings, private patios and balconies, resort-style swimming pool, outdoor lounge and firepit, as well as covered parking and attached garages.
Doug Fraser, who leads the acquisition efforts for the 37th Parallel, said, "The off-market acquisition of Creekside South is a testament to our proven investment philosophy and process and allows us to unlock significant value for our investors. We expect the demand for high-quality rental housing to continue as homeownership costs rise. The average price for a single-family home in the area has grown to $625,000, a 49% increase since January 2021."
This acquisition marks the 8th investment from 37th Parallel's inaugural fund, 37P – Fund I, which closed to new investment in early 2022. The Fund, which is over 85% invested, seeks to acquire value-add and core-plus multifamily real estate in dynamic growth markets in the Southeast and Texas. "We believe Creekside South makes an excellent addition to our growing Fund portfolio," says Chamberlain. "The Fund has experienced exceptional cash flow growth, with rental rates across all of its assets increasing an average of 18% in the last twelve months, nearly double the rate of inflation," he added. The Fund has investments in Dallas, Austin, San Antonio, and Atlanta.
The firm expects to launch its income and equity growth fund, 37P – Fund II, in September.
Chad Doty, Managing Partner, said, "Multifamily is benefitting from a significant supply-demand imbalance that continues to drive robust rental demand and high occupancy. The housing shortfall in the United States has grown to over 4 million homes, as the cost to build apartments has risen 31% in the last two years. Meanwhile, in the past eighteen months, the average home price has increased 35%, and mortgage rates have doubled, resulting in the widest cost differential between owning and renting in the past two decades. Given the demand and performance of Fund I, and the strong, secular tailwinds for multifamily, we are looking forward to the launch of Fund II in September," he said.
37th Parallel has been actively growing its multifamily portfolio throughout the Southeast and Texas and expects to surpass $1 billion in total transaction volume by the end of the year. "We are very excited about the opportunity set for multifamily going forward amidst broader economic uncertainty," said Fraser. "First, real estate supply is coming down as material costs have increased, supply chain challenges have elongated construction timetables, and higher interest rates have reduced liquidity for financing new projects. Combined with inflation, these factors support pricing power for existing real estate assets. Second, multifamily housing benefits from shorter duration leases, allowing rental rates to regularly reset to the prevailing market rates to stay ahead of inflation, which we have experienced real-time in our portfolio. Third, the sharp increases in home prices and borrowing costs have fueled record demand for multifamily. Our moderate leverage, demographic-focused model allows us to be conservative, while simultaneously putting us in a position to capitalize on the compelling investment opportunities that present themselves in volatile times."
Berkadia's Cutt Ableson secured low leverage debt financing from a global life insurance company on behalf of 37th Parallel for the acquisition.
37th Parallel Properties is a privately held, multifamily investment firm focused on owning and operating institutional multifamily communities in the Sunbelt. Based in Richmond, VA and founded in 2008, 37th Parallel has acquired and managed over 6,100 units and completed transactions totaling more than $950 million across the Southeast and Texas, all while maintaining a 100% profitable track record for its family of high net worth, family office, and institutional investors.
To learn more about 37th Parallel, visit www.37parallel.com.
MEDIA CONTACT
Kieran Donohue
Director, Communications
kdonohue@37parallel.com
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SOURCE 37th Parallel Properties | https://www.wibw.com/prnewswire/2022/08/18/37th-parallel-properties-adds-north-dallas-presence-with-252-unit-community-acquisition/ | 2022-08-18T12:32:43Z |
NEW YORK, July 5, 2022 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Kohl's Corporation ("Kohl's" or the "Company") (NYSE: KSS). Investors who purchased Kohl's shares are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/kss.
The investigation concerns whether Kohl's and certain of its officers and/or directors have violated federal securities laws.
On May 20, 2022, Macellum Advisors GP, LLC ("Macellum"), "a long-term holder of nearly 5% of the outstanding common shares of Kohl's", issued a statement addressing "[t]his quarter's extremely disappointing results," which Macellum described as "simply a consequence of a weak Board and management configuration leading to a flawed strategic plan and an inability to execute." Macellum also stated that "the current Board appears to have withheld material information from shareholders about the state of Kohl's in the lead-up to this year's pivotal annual meeting," which "suggests to us a clear breach of fiduciary duty." On this news, Kohl's stock price fell $5.84 per share, or 12.97%, to close at $39.20 per share on May 20, 2022. Then, on July 1, 2022, Kohl's issued a press release "announc[ing] . .. that following the exclusive negotiation period with Franchise Group ('FRG'), the Kohl's Board of Directors (the 'Board') unanimously determined to conclude its strategic review process." In the press release, Kohl's also provided a business update, stating that "[a]s inflationary pressures on the consumer continue, the Company is seeing a softening in consumer spending and now expects sales to be down high-single digits for Q2, as compared to our prior expectations of down low-single digits relative to last year." On this news, the Company's stock price fell $7.01 per share, or 19.64%, to close at $28.68 per share on July 1, 2022.
If you are aware of any facts relating to this investigation or purchased Kohl's shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/kss. You can also contact Peretz Bronstein or law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
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.mysuncoast.com/prnewswire/2022/07/05/bronstein-gewirtz-amp-grossman-llc-notifies-kohls-corporation-kss-investors-investigation/ | 2022-07-05T17:57:23Z |
Which gold dog collar is best?
Dog accessories are more than just practical these days — they’re fashion statements. Your dog’s harness, leash or collar offer an opportunity to add some personality or glam to your pup’s daily look. A gold dog collar is an eye-catching, trendy choice that will have your pup looking its best. Check out the Pet State Diamond Dog Gold Chain Collar for a metal collar with a touch of glamour.
What to know before you buy a gold dog collar
Materials
While gold is a color primarily associated with metals, there are a few types of dog collars from which to choose.
- Metal: A gold metal dog collar is usually made from matte or glossy stainless steel links. Stainless steel is durable and easy to clean, but it can hurt your dog’s neck if pulled too hard.
- Fabric: Nylon and polyester are the most popular fabrics for dog collars. They come in a wide variety of colors. They’re generally less expensive and are easy to clean, but don’t hold up well over time.
- Leather: This natural material is comfortable for your pup and great for sensitive skin, but is more expensive and harder to clean.
Closure method
Most dog collars are designed as a buckle or a clip.
The buckle is made from metal and functions like a belt, with holes in the leather or fabric for adjusting the size. It’s less likely to break or come off accidentally, but that also means it takes longer to put on and take off.
A clip is made from metal or plastic. It can be removed automatically in emergency situations and you don’t have to open the collar to adjust the size. Clips are, however, less durable and can wear out or break. This is especially so with plastic clips.
Choosing a size
You should be able to fit two fingers between your dog’s neck and the collar. This way, you know the collar is loose enough to be comfortable but not so loose that you have to worry about it slipping off. A dog’s collar size is dictated by your pup’s weight, but always make sure to measure the neck.
- 5 pounds and under: These breeds require an extra-extra small collar around 6 to 8 inches long.
- 5 to 25 pounds: These breeds usually need an extra-small or small collar 8 to 14 inches long.
- 25 to 75 pounds: A medium or large collar 14 to 26 inches in length is best for dogs of this size.
- 75 pounds or more: These are the biggest dogs, requiring an extra-large collar 24 to 30 inches long.
What to look for in a quality gold dog collar
Adjustable
A too-tight collar can choke your dog. A loose one can pull on the dog’s neck if your pup is leashed and can result in your dog slipping out of the collar entirely. So an adjustable collar is always an asset, especially when it comes to a growing dog. No matter the closure method, a good collar can be adjusted for the perfect fit.
Fabric and leather collars are almost always adjustable, but metal collars usually are not.
Lasting color
Gold is a high-end color with high-end standards. A faded gold collar can turn a pale mustard or yellow over time. There are many shades in this color range; true gold maintains its vibrancy, and therefore its color.
Tarnish-free
Sometimes the tarnish on a metal collar can discolor the fur on your dog’s neck, especially if it’s light-colored fur. Stainless steel is less likely to discolor than other metals.
How much you can expect to spend on a gold dog collar
They generally cost $10-$30, but a more elaborate custom collar can cost more.
Gold dog collar FAQ
Does my dog need a collar and a harness?
A. If your dog pulls on the leash a lot, you’d do best to get your pup a harness. This is especially true for small dogs, as pulling on the collar can damage their delicate necks.
How do you wash a smelly dog collar?
A. Some nylon collars can go in the washing machine, but soaking it in dog shampoo and warm water can also do the trick. A muddy metal collar can be washed easily with soap and water. Leather should be gently spot cleaned only.
What’s the best gold dog collar to buy?
Top gold dog collar
Pet State Diamond Dog Gold Chain Collar
What you need to know: This stainless steel link chain is plated in 18-karat gold with a snap clip closure lined with cubic zirconia stones. It comes in six sizes from 14 to 26 inches long.
What you’ll love: The metal is hypoallergenic and nickel-free. It’s also durable and can stand up to chewing. A blank, bone-shaped metal name tag comes included. The faux diamonds give it a luxurious look.
What you should consider: It is not adjustable.
Where to buy: Sold by Amazon
Top gold dog collar for the money
Country Brook Design Gold Nylon Dog Collar
What you need to know: This gold nylon collar features a quick-release metal clip closure. It comes in four sizes ranging from 18 to 26 inches.
What you’ll love: The fabric is finely woven for strength and comfort, holding up longer than the average fabric collar. It’s easily adjustable.
What you should consider: The clip and rings only come in silver-toned metal, not gold-toned to match the fabric.
Where to buy: Sold by Amazon
Worth checking out
OmniPet Signature Leather Crystal Dog Collar in Metallic Gold
What you need to know: This gold leather collar features a single row of pronged crystals all around the edge and a polished chrome buckle closure. It comes in four sizes ranging from 10 to 16 inches.
What you’ll love: The leather is double-stitched for extra durability. Every detail matches, from the thread to the metal hardware. The crystals are glitzy and sparkle.
What you should consider: It’s not very thick and sizing is limited.
Where to buy: Sold by Chewy
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/best-gold-dog-collar/ | 2022-08-19T22:27:28Z |
No clinical efficacy or safety issues raised and no additional clinical studies required by FDA to support approval
Company plans to engage with FDA toward expeditious resolution of outstanding items
NEW YORK, May 2, 2022 /PRNewswire/ -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders, today announced that the Company has received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) regarding its New Drug Application (NDA) for AXS-07 for the acute treatment of migraine. The CRL did not identify or raise any concerns about the clinical efficacy or safety data in the NDA, and the FDA did not request any new clinical trials to support the approval of AXS-07.
The principal reasons given in the CRL relate to chemistry, manufacturing, and controls (CMC) considerations. The CRL identified the need for additional CMC data pertaining to the drug product and manufacturing process. Axsome believes that the issues raised in the CRL are addressable and intends to provide potential timing for a resubmission following consultation with the FDA.
"It is our goal to work with the FDA to fully understand and adequately address their comments, so that we can make this important new medicine available to patients with migraine as quickly as possible," said Herriot Tabuteau, MD, Chief Executive Officer of Axsome. "The approval of AXS-07 would offer a much-needed new multi-mechanistic treatment option for the millions of people living with this debilitating neurological condition."
The NDA is supported by results from two Phase 3 randomized, double-blind, controlled trials of AXS-07 in the acute treatment of migraine, the MOMENTUM and INTERCEPT trials, which demonstrated statistically significant elimination of migraine pain with AXS-07 compared to placebo and active controls.
About Migraine
Over 37 million Americans suffer from migraine according to the Centers for Disease Control, and it is the leading cause of disability among neurological disorders in the United States according to the American Migraine Foundation. Migraine is characterized by recurrent attacks of pulsating, often severe and disabling head pain associated with nausea, and sensitivity to light and or sound. It is estimated that migraine accounts for $78 billion in direct (e.g. doctor visits, medications) and indirect (e.g. missed work, lost productivity) costs each year in the United States [1]. Published surveys of migraine sufferers indicate that more than 70% are not fully satisfied with their current treatment, that nearly 80% would try a new therapy, and that they desire treatments that work faster, more consistently, and result in less symptom recurrence [2,3].
About AXS-07
AXS-07 is a novel, oral, rapidly absorbed, multi-mechanistic investigational medicine for the acute treatment of migraine, consisting of MoSEIC™ meloxicam and rizatriptan. Meloxicam is a new molecular entity for migraine enabled by Axsome's MoSEIC™ (Molecular Solubility Enhanced Inclusion Complex) technology, which results in rapid absorption of meloxicam while maintaining a long plasma half-life. Meloxicam is a COX-2 preferential non-steroidal anti-inflammatory drug and rizatriptan is a 5-HT1B/1D agonist. AXS-07 is designed to provide rapid, enhances and consistent relief of migraine, with reduced symptom recurrence. AXS-07 is covered by more than 80 issued U.S. and international patents which provide protection out to 2036. AXS-07 is not approved by the FDA.
About Axsome Therapeutics, Inc.
Axsome Therapeutics, Inc. is a biopharmaceutical company developing novel therapies for central nervous system (CNS) conditions that have limited treatment options. Through development of therapeutic options with novel mechanisms of action, we are transforming the approach to treating CNS conditions. At Axsome, we are committed to developing products that meaningfully improve the lives of patients and provide new therapeutic options for physicians. For more information, please visit the Company's website at axsome.com. The Company may occasionally disseminate material, nonpublic information on the company website.
References
- Gooch CL, Pracht E, Borenstein AR. The burden of neurological disease in the United States: A summary report and call to action. Ann Neurol. 2017 Apr; 81(4):479-484.
- Smelt AF, Louter MA, Kies DA, Blom JW, Terwindt GM, van der Heijden GJ, De Gucht V, Ferrari MD, Assendelft WJ. What do patients consider to be the most important outcomes for effectiveness studies on migraine treatment? Results of a Delphi study. PLoS One. 2014 Jun 16;9(6):e98933.
- Lipton RB, Stewart WF. Acute migraine therapy: do doctors understand what patients with migraine want from therapy? Headache. 1999;39(suppl 2):S20-S26
Forward Looking Statements
Certain matters discussed in this press release are "forward-looking statements". We may, in some cases, use terms such as "predicts," "believes," "potential," "continue," "estimates," "anticipates," "expects," "plans," "intends," "may," "could," "might," "will," "should" or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. In particular, the Company's statements regarding trends and potential future results are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the success, timing and cost of our ongoing clinical trials and anticipated clinical trials for our current product candidates, including statements regarding the timing of initiation, pace of enrollment and completion of the trials (including our ability to fully fund our disclosed clinical trials, which assumes no material changes to our currently projected expenses), futility analyses and receipt of interim results, which are not necessarily indicative of the final results of our ongoing clinical trials, and the number or type of studies or nature of results necessary to support the filing of a new drug application ("NDA") for any of our current product candidates; our ability to fund additional clinical trials to continue the advancement of our product candidates; the timing of and our ability to obtain and maintain U.S. Food and Drug Administration ("FDA") or other regulatory authority approval of, or other action with respect to, our product candidates (including, but not limited to, whether potential filing issues or issues identified by FDA during the substantive review may impact the potential approvability of the Company's NDA submission for AXS-05 in MDD or the timing of such approval; whether issues identified by FDA in the complete response letter may impact the potential approvability of the Company's NDA for AXS-07 for the acute treatment of migraine in adults with or without aura, pursuant to our special protocol assessment for the MOMENTUM clinical trial; the potential for the ASCEND clinical trial, combined with the GEMINI clinical trial results, to provide a basis for approval of AXS-05 for the treatment of major depressive disorder and accelerate its development timeline and commercial path to patients; the Company's ability to successfully defend its intellectual property or obtain the necessary licenses at a cost acceptable to the Company, if at all; the successful implementation of the Company's research and development programs and collaborations; the success of the Company's license agreements; the acceptance by the market of the Company's product candidates, if approved; the Company's anticipated capital requirements, including the amount of capital required for the Company's commercial launch of its product candidates, and the potential impact on the Company's anticipated cash runway; unforeseen circumstances or other disruptions to normal business operations arising from or related to COVID-19; and other factors, including general economic conditions and regulatory developments, not within the Company's control. The factors discussed herein could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstance.
Axsome Contact:
Mark Jacobson
Chief Operating Officer
Axsome Therapeutics, Inc.
22 Cortlandt Street, 16th Floor
New York, NY 10007
Tel: 212-332-3243
Email: mjacobson@axsome.com
www.axsome.com
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SOURCE Axsome Therapeutics Inc | https://www.wibw.com/prnewswire/2022/05/02/axsome-therapeutics-receives-fda-complete-response-letter-new-drug-application-axs-07-acute-treatment-migraine/ | 2022-05-02T11:43:44Z |
Mavs buy time with Doncic as 1st-round series shifts to Utah
By SCHUYLER DIXON
AP Sports Writer
The Dallas Mavericks are buying time to get Luka Doncic involved in their first-round series against Utah after winning Game 2 at home without their star. A Doncic return from a calf injury this week would be in one of the NBA’s toughest arenas for opposing teams. The series is even 1-1 and resumes Thursday night in Salt Lake City. The Mavericks have lost 11 in a row there. It will be 11 days since Doncic strained his left calf when Game 3 tips off. That’s about the recovery time for the mildest calf strain. | https://localnews8.com/sports/ap-national-sports/2022/04/19/mavs-buy-time-with-doncic-as-1st-round-series-shifts-to-utah-2/ | 2022-04-19T23:06:15Z |
NEW YORK, June 22, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Dentsply Sirona Inc..
Shareholders who purchased shares of XRAY during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of all persons or entities that purchased Dentsply's common stock between June 9, 2021, and May 9, 2022.
ALLEGATIONS: According to the filed complaint, defendants orchestrated a scheme to inflate Dentsply's revenue and earnings by manipulating the Company's accounting for a distributor rebate program so that senior executives would be eligible for significant cash and stock-based incentive compensation. In order to facilitate this scheme, Dentsply and its executives made numerous false and misleading statements to investors during the class period. As a result of defendants' misrepresentations, Dentsply's common stock traded at artificially inflated prices during the class period.
DEADLINE: August 1, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/dentsply-sirona-inc-loss-submission-form/?id=28879&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of XRAY during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 1, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.mysuncoast.com/prnewswire/2022/06/22/shareholder-alert-gross-law-firm-notifies-shareholders-dentsply-sirona-inc-class-action-lawsuit-lead-plaintiff-deadline-august-1-2022-nasdaq-xray/ | 2022-06-22T10:49:32Z |
Zoo Miami shuts down monorail after four decades of service
MIAMI (AP) — Zoo Miami’s “Zoofari” monorail system has been decommissioned after four decades of service, officials announced Friday.
When the monorail opened in 1982 it consisted of three trains that took passengers on a 2.2-mile elevated trek around the zoo. Additional trains were added in 1987 after the World’s Fair in New Orleans.
The monorail was damaged in 1992 by Hurricane Andrew, and it took several months to make repairs, a news release said.
The original manufacturer went out of business and replacement parts became unavailable, the release said. In 1987, the zoo began using one of the trains for parts to keep the others moving.
But it eventually became cost-prohibitive to maintain the system and officials made the decision to close it down.
The monorail’s track will be removed from the zoo, possibly by the end of the year, officials said.
The zoo has several other means of transportation, including regular tram tours and safari cycle rentals.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/01/zoo-miami-shuts-down-monorail-after-four-decades-service/ | 2022-04-01T22:05:43Z |
Published: Aug. 4, 2022 at 5:30 AM CDT|Updated: 37 minutes ago
2022 and 2023 Ongoing Earnings Guidance Affirmed
2022 Second Quarter GAAP earnings of $0.18 per diluted share, including unrealized losses on investment securities
2022 Second Quarter ongoing earnings of $0.57 per diluted share
Affirmed ongoing earnings guidance ranges of $2.50 - $2.60 for 2022 and $2.60 - $2.75 for 2023
ALBUQUERQUE, N.M., Aug. 4, 2022 /PRNewswire/ --
PNM Resources (NYSE: PNM) today released its 2022 second quarter results. In addition, management affirmed its 2022 consolidated ongoing earnings guidance of $2.50 to $2.60 per diluted share and its 2023 consolidated ongoing earnings guidance of $2.60 to $2.75 per diluted share.
"The end of the second quarter marked an important milestone in PNM's clean energy transition as we retired Unit 1 of the San Juan Generating Station after powering New Mexico for decades," said Pat Vincent-Collawn, PNM Resources chairman and CEO. "We sincerely appreciate the teams involved in the preparation and transition of this key resource during a record-breaking peak season at PNM."
"Our strong second quarter financial performance was driven by robust load growth and weather at TNMP alongside the constructive rate environment in Texas encouraging continued investment to support this increased demand," added Vincent-Collawn. "Our teams across Texas and New Mexico continue to prioritize the safety, reliability and resiliency of our infrastructure to support the growing needs of our customers."
SEGMENT REPORTING OF 2022 SECOND QUARTER EARNINGS
PNM – a vertically integrated electric utility in New Mexico with distribution, transmission and generation assets.
TNMP – an electric transmission and distribution utility in Texas.
Corporate and Other – reflects the PNM Resources holding company and other subsidiaries.
Net changes to GAAP and ongoing earnings in the second quarter of 2022 compared to the second quarter of 2021 include:
PNM: Increased transmission margins due to higher system demand and new customers, including the Western Spirit transmission contract, were more than offset by realized losses in decommissioning and reclamation trusts, O&M increases, planned plant outage costs, and higher depreciation and property tax expense associated with new capital investments.
TNMP: Increased usage due to load growth and higher temperatures and rate recovery through Transmission Cost of Service (TCOS) and Distribution Cost of Service (DCOS) increases were partially offset by higher depreciation and property tax expense associated with new capital investments.
Corporate and Other: Higher interest rates on variable rate debt increased losses
In addition, GAAP earnings decreased in the second quarter of 2022 resulting from $39.0 million in net unrealized losses on investment securities for decommissioning and reclamation trusts compared to $10.4 million in net unrealized gains in the second quarter of 2021.
On January 3, 2022, PNM Resources and AVANGRID announced an amendment and extension of their merger agreement through April 20, 2023, and an appeal of the NMPRC decision with the New Mexico Supreme Court. The Court's briefing schedule will conclude on August 5, 2022 with the companies' response brief. Oral arguments have been requested. There is no statutory deadline for the Court to respond to the request for oral argument nor to act on the appeal.
SECOND QUARTER CONFERENCE CALL: 11 A.M. EASTERN THURSDAY, AUGUST 4
PNM Resources will discuss these items during a live conference call and webcast on Thursday, August 4th at 11 a.m. Eastern. Speaking on the call will be Pat Vincent-Collawn, PNM Resources Chairman and Chief Executive Officer, Don Tarry, PNM Resources President and Chief Operating Officer, and Lisa Eden, Senior Vice President and Chief Financial Officer.
The conference call will be simultaneously broadcast and archived on our website at http://www.pnmresources.com/investors/events-and-presentations. Listeners are encouraged to visit the website at least 30 minutes before the event to register, download and install any necessary audio software.
Investors and analysts can participate in the live conference call by pre-registering using the following link to receive a special dial-in number and PIN: https://dpregister.com/sreg/10168818/f38f044c3e. Telephone participants who are unable to pre-register may participate in the live conference call by dialing (877) 276-8648 or (412) 317-5474 fifteen minutes prior to the event and referencing "the PNM Resources second quarter earnings call".
Background: PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2021 consolidated operating revenues of $1.8 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 3.1 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040. For more information, visit the company's website at www.PNMResources.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 Statements made in this news release for PNM Resources, Inc. ("PNMR"), Public Service Company of New Mexico ("PNM"), or Texas-New Mexico Power Company ("TNMP") (collectively, the "Company") that relate to future events or expectations, projections, estimates, intentions, goals, targets, and strategies, including the unaudited financial results and earnings guidance, are made pursuant to the Private Securities Litigation Reform Act of 1995. Readers are cautioned that all forward-looking statements are based upon current expectations and estimates and apply only as of the date of this report. PNMR, PNM, and TNMP assume no obligation to update this information. Because actual results may differ materially from those expressed or implied by these forward-looking statements, PNMR, PNM, and TNMP caution readers not to place undue reliance on these statements. PNMR's, PNM's, and TNMP's business, financial condition, cash flow, and operating results are influenced by many factors, which are often beyond their control, that can cause actual results to differ from those expressed or implied by the forward-looking statements. Additionally, there are risks and uncertainties in connection with the proposed acquisition of us by AVANGRID which may adversely affect our business, future opportunities, employees and common stock, including without limitation, (i) the expected timing and likelihood of completion of the pending Merger, including the timing, receipt and terms and conditions of any remaining required governmental and regulatory approvals of the pending Merger that could reduce anticipated benefits or cause the parties to abandon the transaction, (ii) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement, (iii) the risk that the parties may not be able to satisfy the conditions to the proposed Merger in a timely manner or at all, and (iv) the risk that the proposed transaction could have an adverse effect on the ability of PNMR to retain and hire key personnel and maintain relationships with its customers and suppliers, and on its operating results and businesses generally. For a discussion of risk factors and other important factors affecting forward-looking statements, please see the Company's Form 10-K, Form 10-Q filings and the information included in the Company's Forms 8-K with the Securities and Exchange Commission, which factors are specifically incorporated by reference herein.
Non-GAAP Financial Measures GAAP refers to generally accepted accounting principles in the U.S. Ongoing earnings is a non-GAAP financial measure that excludes the impact of net unrealized mark-to-market gains and losses on economic hedges, the net change in unrealized gains and losses on investment securities, pension expense related to previously disposed of gas distribution business, and certain non-recurring, infrequent, and other items that are not indicative of fundamental changes in the earnings capacity of the Company's operations. The Company uses ongoing earnings and ongoing earnings per diluted share to evaluate the operations of the Company and to establish goals, including those used for certain aspects of incentive compensation, for management and employees. While the Company believes these financial measures are appropriate and useful for investors, they are not measures presented in accordance with GAAP. The Company does not intend for these measures, or any piece of these measures, to represent any financial measure as defined by GAAP. Furthermore, the Company's calculations of these measures as presented may or may not be comparable to similarly titled measures used by other companies. The Company uses ongoing earnings guidance to provide investors with management's expectations of ongoing financial performance over the period presented. While the Company believes ongoing earnings guidance is an appropriate measure, it is not a measure presented in accordance with GAAP. The Company does not intend for ongoing earnings guidance to represent an expectation of net earnings as defined by GAAP. Since the future differences between GAAP and ongoing earnings are frequently outside the control of the Company, management is generally not able to estimate the impact of the reconciling items between forecasted GAAP net earnings and ongoing earnings guidance, nor their probable impact on GAAP net earnings without unreasonable effort, therefore, management is generally not able to provide a corresponding GAAP equivalent for ongoing earnings guidance. Reconciliations between GAAP and ongoing earnings are contained in schedules 1-4.
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/2022/08/04/pnm-resources-reports-second-quarter-2022-results/ | 2022-08-04T11:08:13Z |
SHANGHAI and ROCKVILLE, Md., June 1, 2022 /PRNewswire/ -- SciNeuro Pharmaceuticals (SciNeuro), a leader in the discovery and development of innovative therapeutics for the treatment of CNS diseases, today announced the execution of an exclusive, worldwide license and option agreement with GlaxoSmithKline (GSK). The agreement focuses on inhibitors of Lp-PLA2, an enzyme that has been implicated in the pathogenesis of neurodegenerative diseases. Clinical findings suggest that inhibition of Lp-PLA2 activity may improve cognitive function in subjects with Alzheimer's disease.1
Under the agreement, SciNeuro will receive a worldwide license to intellectual property covering certain GSK Lp-PLA2 inhibitors and will be responsible for their further development through clinical proof-of-concept (PoC). Following the completion of the PoC studies, GSK has the option to reclaim rights to the compounds in all territories excluding Greater China, which SciNeuro would retain, under pre-agreed terms for subsequent development and commercialization.
SciNeuro will pay an upfront fee, near-term and downstream milestones, and royalties to GSK. If GSK exercises its option, SciNeuro will receive an option exercise fee, downstream milestones, and royalty payments from GSK. In addition, GSK will have a right to purchase equity in SciNeuro.
"We are excited to further the development of these novel Lp-PLA2 inhibitors. Given the critical role of Lp-PLA2 in CNS integrity and the demonstrated human pharmacology of Lp-PLA2 inhibition, we look forward to evaluating the clinical benefit of these Lp-PLA2 inhibitors in the treatment of CNS diseases," said Min Li, Ph.D., Founder and CEO of SciNeuro Pharmaceuticals.
"We are pleased to enter into this agreement with SciNeuro that allows us to assess the clinical potential of these Lp-PLA2 inhibitors by leveraging SciNeuro's early development expertise in CNS disease," said John Lepore, M.D., SVP and Head of Research, at GSK. "This agreement enables us to focus on progressing our own internal assets, while maintaining pipeline optionality for the development of these Lp-PLA2 inhibitors in the future."
SciNeuro Pharmaceuticals is an innovation-driven, neuroscience-focused biopharmaceutical company with an established pipeline of novel therapeutic candidates to address neurodegenerative and other CNS diseases. The company focuses on targets that are supported by human biology and which play a critical role in regulating foundation biology, to achieve better probability of success in clinical development. SciNeuro is committed to delivering medicines that can make a difference to improve the lives of patients around the world, transforming scientific discoveries into groundbreaking therapies. To learn more, visit www.scineuro.com.
SciNeuro Media Contact: Jessie Yang, jessie.yang@scineuro.com
1 Maher-Edwards G, De'Ath J, Barnett C, Lavrov A, Lockhart A. A 24-week study to evaluate the effect of rilapladib on cognition and cerebrospinal fluid biomarkers of Alzheimer's disease. Alzheimers Dement (N Y). 2015;1(2):131-140.
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SOURCE SciNeuro Pharmaceuticals | https://www.wibw.com/prnewswire/2022/06/01/scineuro-pharmaceuticals-announces-license-option-agreement-with-gsk-progress-development-novel-therapies-cns-diseases/ | 2022-06-01T11:21:05Z |
International design-build, general contracting and construction management firm makes Autodesk Construction Cloud a cornerstone of the company's growth
SAN FRANCISCO, April 12, 2022 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced Evans General Contractors, an international design-build contracting firm headquartered in Atlanta, Georgia, is adopting Autodesk Construction Cloud and incorporating the powerful construction management platform into its standard operating procedures (SOP). Teams across Evans will be using Autodesk Construction Cloud to onboard new employees quickly and easily, maximize coordination across project stakeholders and minimize errors on projects.
With offices across the Southeastern U.S. and in Germany, Evans manages more than 50 projects annually and brings in over $1.2 billion in annual revenues. To meet growing demand across its expanding markets, which include manufacturing, life sciences, healthcare, corporate environments, food and beverage, and distribution and logistics, Evans has significantly increased the size of its team in recent years. With this growth, the organization needed to establish an SOP with robust technologies to enhance project management, team collaboration and quality of service, all while rapidly onboarding new team members.
"Our teams work on incredibly intricate projects that require painstaking coordination, clear communication and seamless collaboration across each workflow," said Jeff Jepson, executive vice president and chief operating officer, Evans General Contractors. "With our volume of work increasing, we need a construction management platform that effectively connects our teams and data and is easy to use so we can quickly deploy it across our growing teams and projects. Autodesk Build scales with us so we can maintain and enhance our quality of service with cloud-based project management, ensuring everyone has access to the information they need when they need it, to remain in sync and minimize issues."
Evans adopted Autodesk Build, a unified construction management and field collaboration solution in Autodesk Construction Cloud, after successfully using PlanGrid across its projects. Autodesk Build's desktop and mobile applications maintain the ease of deployment, adoption and use found in the original PlanGrid solution, so Evans can quickly ramp up new employees and projects as part of its SOP while minimizing the technology learning curve. Autodesk Build's radical simplicity enables Evans' teams to immediately collaborate and maintain a high level of coordination to minimize mistakes and rework on their complex projects.
Evans' migration to Autodesk Build also gives the team access to Autodesk Docs, which encompasses the common data environment for Autodesk Construction Cloud and powers robust analytics capabilities, so the firm's teams can keep project information in one place and make data-driven decisions that further minimize project risks. The common data environment can also be seamlessly linked with hundreds of other technology solutions in Autodesk Construction Cloud's integration partner ecosystem, enabling Evans to further connect its people and data across workflows from preconstruction through closeout.
Evans is also adopting Autodesk Takeoff, BuildingConnected and TradeTapp to connect its preconstruction teams and data to subsequent building workflows and further enhance project coordination and delivery.
"Every construction project has its own unique challenges and for teams working on particularly detailed projects such as the micro-labs, cleanrooms, manufacturing plants and automated logistics facilities that Evans builds, the complexities can exponentially increase," said Brandon Lacourciere, senior director of customer success, Autodesk Construction Solutions. "We built the Autodesk platform to simplify the way our customers work, standardize collaborative processes and empower data-driven decision making. We look forward to continuing our partnership with Evans as they innovate and grow their business."
Autodesk is changing how the world is designed and made. Our technology spans architecture, engineering, construction, product design, manufacturing, media and entertainment, empowering innovators everywhere to solve challenges big and small. From greener buildings to smarter products to more mesmerizing blockbusters, Autodesk software helps our customers to design and make a better world for all. For more information visit autodesk.com or follow @autodesk.
We may make statements regarding planned or future development efforts for our existing or new products and services. These statements are not intended to be a promise or guarantee of future delivery of products, services or features but merely reflect our current plans, which may change. Purchasing decisions should not be made based upon reliance on these statements. The Company assumes no obligation to update these forward-looking statements to reflect events that occur or circumstances that exist or change after the date on which they were made.
Autodesk, the Autodesk logo, Autodesk Construction Cloud, PlanGrid, BuildingConnected and TradeTapp are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document. © 2022 Autodesk, Inc. All rights reserved.
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SOURCE Autodesk, Inc. | https://www.kxii.com/prnewswire/2022/04/12/evans-general-contractors-adopts-autodesk-construction-cloud-enhance-project-delivery-maximize-team-coordination/ | 2022-04-12T13:36:33Z |
TOKYO, July 8, 2022 /PRNewswire/ -- KLab Inc., a leader in online mobile games, announced that its head-to-head football simulation game Captain Tsubasa: Dream Team will have a collaboration with the J.League. Starting Friday, July 8th new players wearing the official J.League kits for the 2022 season will appear in the game. In addition, various in-game campaigns will be held to celebrate the collaboration. See the original press release (https://www.klab.com/en/press/) for more information.
J.LEAGUE Collaboration Campaign
Players who were part of the J.League in the original Captain Tsubasa story will appear in Captain Tsubasa: Dream Team wearing the official J.League kits for the 2022 season.
The campaign will feature a login bonus, daily scenarios, event missions, and more so be sure to check out the in-game notifications for more information.
J.LEAGUE Selection Transfer
Taro Misaki, Takeshi Kishida, Hayato Igawa, Kazuki Sorimachi wearing J.LEAGUE official kits debut as new players in this Transfer. This is a Step-Up Transfer where 1 new SSR player is guaranteed on Step 5.
Dreamball Exchange Update
Home, away, and keeper kits for 18 teams from the 2022 Meiji Yasuda J1 League are now available in the Dreamball Exchange.
Overview of Captain Tsubasa: Dream Team
Download here:
App Store: https://itunes.apple.com/app/id1293738123
Google Play: https://play.google.com/store/apps/details?id=com.klab.captain283.global
AppGallery: https://appgallery.huawei.com/#/app/C105375049
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SOURCE KLab Inc. | https://www.wibw.com/prnewswire/2022/07/08/captain-tsubasa-dream-team-debuts-new-players-including-taro-misaki-wearing-2022-season-jleague-official-kits/ | 2022-07-08T11:42:19Z |
Love County Sheriff dies at age 67
Published: May. 27, 2022 at 8:44 AM CDT|Updated: 1 hour ago
MARIETTA, Okla. (KXII) - Love County Sheriff Marty Grisham has died, his office announced Thursday.
A Marietta High School graduate, Grisham started in law enforcement in 1978 as a reserve officer for the Marietta Police Department.
He also served as a Gainesville (TX) police officer and was an Oklahoma Highway Patrolman for nearly three decades.
Grisham came out of retirement and was elected Love County Sheriff in 2016.
Details on his death have not been made public.
He was 67 years old.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/05/27/love-county-sheriff-dies-age-67/ | 2022-05-27T14:48:38Z |
- Climate Information for Disaster Risk Management During Monsoon Season in Central Vietnam.
- Water, Sanitation, and Sustainable Communities in Rural Ghana.
- An Analysis of The Russia-Ukraine Conflict and Possible Solutions.
- Climate Change and the Restoration of Depleted Forests to Build Food Security in Ghana.
- China's Engagement in Africa.
RICHMOND, Va., June 21, 2022 /PRNewswire/ -- These Capstone project titles represent work completed by students in Policy Pathways' college preparatory programs. Students analyzed and proposed solutions to international issues and challenges.
Advances in technology, communication, and transportation afford individuals opportunities to connect with others like never before. The concept of globalization is now at the lay-person's fingertips, yet international affairs is not taught in a comprehensive manner in many high schools, particularly those in underserved communities. It is critical that our nation's youth gain an appreciation for the intersectionality of disciplines in a global context to forge a brighter future for people around the world.
Policy Pathways is exposing youth and young adults to the world of policy formation and analysis on local, national, and international levels. The Richmond-based nonprofit offers programs that uncover how policy-makers approach, think about, and solve problems while developing students' critical thinking, collaboration, and citizenship skills.
Policy Pathways is making great bounds. One partnership, with Dr. Nana Derkyi and the School of Engineering at the University of Energy and Natural Resources (Sunyani, Ghana), and The Commonwealth (VA) Chapter of the Links, Incorporated, introduces high school students to topics and careers in international affairs. Dr. Derkyi recently presented on climate change and energy policy to Richmond Public Schools students. He will lead a Capstone project in Policy Pathways' 2022 Summer Academy for Policy Leadership and Public Service Online entitled "Ghana's Energy Policy and The Growing Interdependence of China and Africa Trade."
On June 26th at 2:00 PM (EST), Dr. Ralph Hall, School of Public and International Affairs at Virginia Tech, will moderate the Summer Academy's International Affairs Forum on China-Africa Trade and Energy Policy. Drs. Hall and Derkyi will be joined by Dr. Maia Linask, University of Richmond, and Dr. Sombo Muzata, James Madison University.
Says Policy Pathways President, Dr. D. Pulane Lucas, "Our partnerships reflect the importance of institutions working together to bring a unique set of resources, skills, and talents to the education of youth."
Please join us on June 26th for a riveting International Affairs Forum!
Contact us: policypathways.org.
Media contact: Gretchen Kent, gretchenkent@policypathways.org
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SOURCE Policy Pathways, Inc. | https://www.kxii.com/prnewswire/2022/06/21/policy-pathways-ignites-enthusiasm-international-affairs-high-school-students/ | 2022-06-21T15:30:11Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Affirm Holdings, Inc. ("Affirm") (NASDAQ: AFRM) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all investors who purchased or otherwise acquired Affirm Holdings, Inc. securities on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 p.m. EST.
If you suffered a loss on your investment in Affirm, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/affirm-holdings-inc-loss-submission-form?prid=25737&wire=4
ABOUT THE ACTION: (i) Affirm's "buy now, pay-later" service facilitated excessive consumer debt, regulatory arbitrage, and data harvesting; (ii) the foregoing subjected Affirm to a heightened risk of regulatory scrutiny and enforcement action; (iii) Affirm maintained inadequate disclosure controls and procedures and internal control over financial reporting; (iv) accordingly, Affirm's tweet for its second quarter 2022 financial results contained selected metrics that made it appear that the Company had performed better than it actually did; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 29, 2022
Aggrieved Affirm investors only have until April 29, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-affirm-investors-lead-plaintiff-deadline-april-29-2022/ | 2022-04-11T11:55:21Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and fintech service provider, announced today that Nice Talent Asset Management Limited ("NTAM"), its 90%-owned Hong Kong-based asset management company, has become eligible to manage virtual assets under certain conditions and the asset class is below 10% of gross asset value of its portfolio. In order to engage in the management of virtual assets, NTAM shall comply with the regulatory requirements issued by the Securities and Futures Commission of Hong Kong ("SFC"). Currently, NTAM is exploring and analyzing the feasibility of managing virtual assets but there has been no change in its investment mandate as of the date of this announcement.
NTAM is licensed under the SFC to carry out regulated activities in 'Type 4: Advising on Securities' and 'Type 9: Asset Management' with eligibility in managing virtual assets based upon the recent change of regulations in Hong Kong to include virtual assets in asset management services, given certain conditions are met. NTAM's current business partners include major international banks and its clients are high net worth customers. Hong Kong is widely recognized as a leading asset management center in Asia with a large concentration of international fund managers.
Mr. Shanchun Huang, CEO of Future FinTech, stated, "We are pleased that NTAM is exploring opportunities that meet the needs of the investment community since virtual assets are becoming an increasingly essential and sophisticated asset class across a wide spectrum of investors. We believe that this strategic asset will further bolster NTAM's ability to offer investment opportunities and best-in-class asset management and investment consulting services for institutional investors and high net worth investors in Hong Kong."
About Future FinTech Group Inc.
Future FinTech Group Inc. is a blockchain application technology developer and fintech service provider incorporated in Florida. The Company's operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), supply chain financing services, and cryptocurrency market data services. The Company is also engaged in the development of blockchain based e-Commerce technology and cryptocurrency mining, cryptocurrency investment management as well as financial service technology businesses. For more information, please visit http://www.ftft.com/.
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2021 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
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SOURCE Future FinTech Group Inc. | https://www.wibw.com/prnewswire/2022/06/13/ftfts-asset-management-business-eligible-manage-virtual-assets/ | 2022-06-13T12:44:15Z |
SAN DIEGO, Aug. 23, 2022 /PRNewswire/ -- Phanes Therapeutics, Inc. (Phanes), an emerging leader in innovative discovery research and clinical development in oncology, announced today that the first patient has been dosed in the phase 1 clinical study (NCT05431270) of PT199, an anti-CD73 monoclonal antibody (mAb) for the treatment of multiple advanced solid tumors.
PT199 is an anti-CD73 mAb with a differentiated mechanism of action and is designed to counter the adenosine-mediated immunosuppressive tumor microenvironment (TME). PT199 fully inhibits both soluble and membrane-bound CD73, unlike some other CD73 inhibitors which exhibit incomplete inhibition. Moreover, at higher concentrations, no loss of inhibition or "hook effect" is observed with PT199. Hence, PT199 addresses the limitations of current CD73 inhibitors and is expected to increase antitumor immune activation, and potentially offer a new treatment option for cancer patients.
"The CD73 pathway represents a very promising target for addressing the immunosuppressive TME and we are pleased to open this study and bring this potential best-in-class mAb to cancer patients who have few treatment options." said Dr. Ming Wang, Founder and CEO of Phanes Therapeutics.
The multi-center Phase I clinical trial of PT199 is evaluating the safety, tolerability, pharmacokinetics, pharmacodynamics, and preliminary efficacy of PT199, alone and in combination with a PD-1 inhibitor, in patients with locally advanced or metastatic solid tumors that have progressed after all available standard therapy or for which standard therapy has proven to be ineffective, intolerable, or is considered inappropriate. Enrollment in the trial is open to individuals aged 18 years and older who have measurable disease with at least 1 lesion amenable to response assessment per RECIST 1.1 criteria, adequate organ function, and an ECOG performance status of 0 to 1.
For more information on the study please visit ClinicalTrials.gov (NCT05431270).
Phanes Therapeutics, Inc. is a biotech company focused on innovative drug discovery in oncology. Based in San Diego, California, the company's management team members previously held senior managerial and R&D positions in leading global pharmaceutical and biotech companies with extensive experience in R&D and commercialization. The company's bispecific antibody platform is PACbody™, a proprietary approach for constructing native IgG-like bispecific antibodies, SPECpair™, which allows mAb-like manufacturability of bispecific antibodies with native IgG-like structures, and ATACCbody™, a proprietary technology for targeting solid tumors using immuno-oncology molecules with modulated activities and thus minimal risk of cytokine release syndrome.
For more information, please visit www.phanesthera.com.
For business development or media inquiries please contact bd@phanestx.com or media@phanestx.com, respectively.
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SOURCE Phanes Therapeutics | https://www.mysuncoast.com/prnewswire/2022/08/23/phanes-therapeutics-announces-first-patient-dosed-phase-1-study-pt199-advanced-solid-tumors/ | 2022-08-23T11:40:52Z |
PITTSBURGH (AP) — Shots fired at a house party in Pittsburgh early Sunday left two minors dead and at least eight more people wounded, police said.
Hundreds of people had gathered at a short-term rental property, the “vast majority” of them underage, Chief Scott Schubert of the Pittsburgh police department told reporters at a midday news conference.
Shortly after some kind of altercation occurred, gunshots were fired at around 12:30 a.m. both inside and outside, “and potentially back and forth,” Schubert said. Casings found at the scene indicate that handguns and one rifle were used, and police believe there were multiple shooters, Schubert said.
Two male victims died at the hospital, police said, and eight more people were being treated for gunshot wounds. A police release initially said nine people had been injured by gunfire, but Schubert revised the numbers at the press conference. The names of the two male youths who died weren’t immediately released.
Others were injured trying to escape, Schubert said. Two who jumped from windows had broken bones, authorities said. One victim was injured after a car was “shot up,” Schubert said.
George Stevens said he was outside a bar next door to the rental property smoking a cigarette when he heard what he thought were fireworks, then saw kids fleeing.
Stevens told The Associated Press that he let three girls hide in his vehicle and call their parents as bullets flew by. He said he saw someone inside the rental property holding a gun as children ran screaming and crying in every direction away from the building.
“It happened so quick,” he said. “It was just crazy. Kids were running everywhere.”
ShotSpotter indicatedmore than 90 rounds were fired, and Schubert said “we know there was a lot more than that between inside the structure and outside.” Police were processing evidence at as many as eight separate crime scenes spanning a few blocks around the rental home. Arriving officers found a “very chaotic” scene with injured victims, medics trying to treat them and people fleeing on foot and in vehicles, he said.
No arrests were immediately reported but Schubert said “it is our top priority to find out who did this and get them off the street.” He said he couldn’t comment on a possible motive, but he decried the number of illegal guns and too many people with access to them as well as the potent mixture of alcohol, drugs and guns.
“It’s heartbreaking; here we are at Easter and we have multiple families, two that won’t see a loved one,” Schubert said. “Others that are going to be — how can you even have a holiday when your child was involved in something traumatic like this?”
Allegheny General Health reported that seven people were treated at Allegheny General Hospital and one at Jefferson Hospital for gunshot wounds or other injuries, but officials declined to release their conditions or other information.
Neighbor Mitchell Wilston, 30, told the AP that he and his wife weren’t at home during the shooting but before leaving saw the neighborhood packed with people, with cars parked the wrong way down the street and a line outside the rented home.
“It was so obvious that there was going to be a problem — there was a line of 14-year-old kids trying to get into this place,” he said. The house has been rented for bachelorette parties or other events before, or for families of baseball players due to its proximity to the stadium, but no problems had occurred, he said.
In the morning, Wilston found his wife’s white car smeared with blood, possibly from someone fleeing the shooting and trying to hide behind the vehicle, he said.
Airbnb spokesperson Ben Breit confirmed the house was rented through the company. He said that the booker, who would have had to be 18 or older per Airbnb rules, has received a lifetime ban. Breit’s statement says the party was thrown without the knowledge of the host, whose listing banned parties and advertised an overnight noise curfew.
Breit said Airbnb was cooperating with authorities: “We share the Pittsburgh community’s outrage regarding this tragic gun violence. Our hearts go out to all who were impacted — including loved ones of those who lost their lives, injured victims and neighbors.”
Pittsburgh Mayor Ed Gainey condemned the violence, which he attributed in part to a failure to get guns off the streets and provide adequate resources to communities. He said the city would call a meeting with local leaders to get feedback on a new, citywide approach to public safety.
“The time is now for us to move with a sense of urgency to bring justice to the victims and peace to our city,” Gainey, who is in isolation because of a recent COVID-19 exposure, said in a statement.
___
Associated Press journalists Ron Todt in Philadelphia and Rebecca Reynolds in Louisville, Kentucky, contributed to this report. | https://cw33.com/news/u-s-news/ap-u-s-headlines/police-2-dead-11-injured-in-east-allegheny-shooting/ | 2022-04-17T20:28:07Z |
Other Clients in The Space include nWay, Petaverse, Upland, And Virtual Reality Stadium Platform VIRTEX
NEW YORK, May 25, 2022 /PRNewswire/ -- Virgo PR, a leading PR agency announced today new client Dive Games. The agency has extensive experience in all aspects of gaming PR. Key clients in the space include Virtex, Petaverse, nWay, Upland and many more.
The campaign will focus on new client partners, data reports and the expansion of metaverse technology. The goal is to create a real voice as the leader in gaming and web3 data.
Dive Games takes the complicated data problem from game developers and offers a custom-made solution to collect, validate and maximize its potential for improving its game economy and LiveOps. A company created by game industry veterans, who know the interlaced strands of game data management, the Dive platform is crafted and tailored to each client's unique needs, combining a dedicated data expert team with advanced technology and integration tools.
From media relations to influencer outreach, securing reviews to digital media, Virgo PR understands what it takes to succeed in all aspects of gaming public relations. Virgo PR is an agency that strives to create campaigns that can delight audiences and attract their attention. We focus on helping our clients tackle their goals and challenges more efficiently through our wide variety of services. For brands looking to reach people in a unique way, Virgo also offers product integration, where the client's product can be found even in the most crowded and distracted markets through strong yet subtle product placement that can positively reach an even bigger audience.
"We understand the rapid growth and new developments of the gaming business and what it takes to succeed in the media with unique campaign approaches," said Mike Paffmann, VirgoPR's CEO. "From hardware to software to eSports, market awareness, publicity, and influencer relations are vital to succeed in the gaming arena. Gaming is one of the top spaces we're excited about and we; 're all happy to be working with some of the most innovative names in the space."
For more information, please visit https://virgo-pr.com/
About VirgoPR
VirgoPR offers its clients many services to drive growth, engagement, sales, and increase lead generation and conversions. Our team of professionals in all things PR and marketing can support brands in developing different strategies and campaigns that allow them to better understand their brand and industry and provide various services that drive knowledge through our expertise. We're able to execute worldwide integrated campaigns for our clients' brands by playing on the strengths and constraints of any niche.
Media Contact: Corina Catapano, ccatapano@virgo-pr.com
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SOURCE VirgoPR | https://www.wibw.com/prnewswire/2022/05/26/dive-games-appoints-virgo-pr-adding-growing-list-clients-gaming-division/ | 2022-05-26T07:50:18Z |
Mom charged after baby nearly dies from starvation, sheriff’s office says
JACKSONVILLE, Fla. (Gray News) – A 21-year-old mother in Florida is facing charges after her baby nearly died from starvation because she found feeding the child “annoying,” according to officials.
The Baker County Sheriff’s Office said in a Facebook post that Haylee Kent was charged with multiple counts of child neglect with and without great bodily harm.
The investigation began when Kent’s grandmother took the baby to the hospital April 6 after she noticed that he was severely underweight. Medical staff notified the sheriff’s office that the child was “gravely ill due to life-threatening starvation.”
Hospital staff said the 8-month-old child was the average weight of a 2-month-old. The baby also had a skull fracture.
According to the Baker County Sheriff’s Office, Kent did not visit her baby at the hospital, and she did not cooperate with authorities during their investigation.
Several days later, Kent agreed to meet with detectives. They said Kent admitted that she felt the way her child needed to be fed was “sometimes annoying,” so she opted not to feed him.
Detectives said they discovered the child had suffered a pattern of neglect since the day he was born, including a lack of necessary medical attention, malnourishment and failure to provide a safe home environment. Kent was arrested April 19.
The sheriff’s office said despite the sad circumstances, the child is now recovering, gaining weight and has been placed in foster care.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/26/mom-charged-after-baby-nearly-dies-starvation-sheriffs-office-says/ | 2022-04-27T03:18:24Z |
SEATTLE (AP) — A Seattle CEO who gained national attention for raising employees’ salaries and slashing his own is facing misdemeanor assault charges stemming from allegations that he tried to forcibly kiss a woman, according to court records.
Dan Price, of credit-card processor Gravity Payments, was charged in February with fourth-degree assault with sexual motivation, fourth-degree assault and reckless driving, The Seattle Times reported.
Price, 37, has yet to be arraigned on the charges, which were filed in Seattle Municipal Court by the city attorney’s office.
Charging documents say a woman called Seattle police on Jan. 24 and said she had met Price at a restaurant in the Capitol Hill neighborhood four days earlier. She said the two had communicated on Instagram about work and that she had reached out to him about meeting to discuss “professional matters,” according to charging papers.
Instead, Seattle prosecutors say Price cornered the woman in his Tesla after a dinner meeting, tried to kiss her and grabbed her throat when she refused. Price then drove her to a parking lot and drove “doughnuts” with her in the car, prosecutors said.
Price’s defense attorney, Mark Middaugh, said in an email to the newspaper Wednesday that the allegations are “absolutely false.”
“We have already obtained evidence that contradicts key details of the police report and raises serious doubts about the complainant’s credibility. Mr. Price respects the legal process and is confident that he will be vindicated in court,” Middaugh said.
Price shot into the national spotlight in 2015 when he said he would raise employee salaries to $70,000. At that time, his 120 employees were paid an average salary of $48,000 a year.
Price cut his own salary from nearly $1 million to $70,000, cementing a name for himself in the business world as a progressive CEO fighting for higher wages and better conditions for the average worker. | https://cw33.com/business/ap-business/seattle-ceo-big-business-antagonist-accused-of-assault/ | 2022-04-22T21:48:44Z |
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