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Wednesday’s Child - Mia
Published: May. 25, 2022 at 10:25 PM CDT|Updated: 1 hours ago
TOPEKA, Kan. (WIBW) - If you love pets and children, you might be a perfect fit for our Wednesday’s Child this week.
Her name is Mia and she’s 12-years old. Lori Hutchinson spoke with Mia about her passions; including baking, being outdoors, and animals; and what kind of forever family she would love to find.
If you can give a child a family of their own, call Adopt Kansas Kids at 877-457-5430 or go to adoptkskids.org. They also feature kids on the Adopt Kansas Kids Facebook page.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/05/26/wednesdays-child-mia/
| 2022-05-26T05:07:55Z
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Located on the Iconic Las Vegas Strip, Lids' New Two-Story Flagship is the Retailer's Largest Concept Store to Date
LAS VEGAS, Sept. 16, 2022 /PRNewswire/ -- Today, global sports retailer, Lids announced the opening of its new flagship store on the iconic Las Vegas Strip. The new two-story Lids location is the retailer's largest concept store to date at 12,000 square feet.
Lids' Las Vegas Flagship will offer a wide range of licensed apparel and headwear options, becoming a premier destination for both residents and visiting fashion and sports enthusiasts. The store boasts unique features available only in this location such as a digital exterior façade, shop in shops from a variety of sports leagues, two large-scale LED screens designed to showcase prime time games, and upcoming in-store athlete signings and other initiatives. The expansive store will house over 50,000 units of fashion and sports merchandise, including officially licensed product representing Sin City's top local teams like the Las Vegas Raiders, Las Vegas Golden Knights, Las Vegas Aces and more. This Lids location will also feature autographed NFL, NBA, MLB, NHL, MLS, WNBA and collegiate merchandise from Fanatics Authentic and Upper Deck in a dedicated section.
"Opening our newest and largest Lids store to date in the heart of Las Vegas was an obvious choice for us as the area is a shopping destination known around the world," said Britten Maughan, President at Lids. "The new Flagship offers ample product offerings to residents and visitors alike, no matter your team affiliation, whenever you're shopping on The Strip. Furthermore, it's a look at what's still to come from Lids as we continue to expand Lids' footprint domestically and abroad."
The new Flagship will continue to offer a wide variety of licensed and branded merchandise, as well as specialty products and memorabilia. The store will also feature Lids' signature Custom Zones, which allow consumers the opportunity to custom-embroider a product of their choice in-store. The stores will also carry apparel brands such as Nike, adidas, Under Armour, Fanatics, Retro Brand, Champion, Colosseum, Antigua, Mitchell & Ness, and more, as well as Wincraft, Tervis, and Funko, and headwear brands '47, Pro Standard, and New Era.
In celebration of the store's grand opening, Lids will be hosting a full week of grand opening activations open to the public from October 3rd through October 7th. Further details will be announced at a later date.
The new location marks further brick and mortar expansion by Lids, as the retailer recently announced its new collegiate product focused retail concept, Lids University, in July. Lids operates several concept stores including Locker Room by Lids and team-specific stores such as Yankees Clubhouse and Dodgers Clubhouse. Lids also counts the National Hockey League (NHL), National Basketball Association (NBA), and Paris Saint Germain (PSG) as partners as it runs several of each league and team's respective U.S. and international Flagship store locations. To date, Lids operates over 1,500 stores throughout North America, Europe, and Australia. Lids continues to be the world's largest retailer specializing in the sale of officially licensed, branded, and fashion headwear, with over 30 million hats sold annually.
Lids' Las Vegas Flagship is conveniently located on the Las Vegas Strip at 3791 S Las Vegas Boulevard, Las Vegas, NV 89109.
Media Contact
Christy Distefano: christy@berkcommunications.com
Lids Sports Group is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the North America, Europe and Australia through over 1,500 retail locations. Indianapolis-based Lids Sports Group carries officially licensed and branded gear aimed at empowering customers to represent their unique and individual style, team, passion and fun. Lids Sports Group operates stores under the Lids, Locker Room by Lids, Fanzz, Yankees Clubhouse Shops, Dodgers Clubhouse, Cardinals Clubhouse, and numerous other nameplates. Lids also has locations within select Macy's department stores nationwide. To find a retail location near you visit blog.lids.com or join the #LidsLoyal on Instagram (@lids), Facebook (@lids), Twitter (@lids), or LinkedIn.
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https://www.wibw.com/prnewswire/2022/09/16/lids-announces-opening-las-vegas-flagship-store/
| 2022-09-16T15:41:33Z
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Sri Lanka PM invites protesting youth to join governance
By KRISHAN FRANCIS
Associated Press
COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister says protesting youth groups will be invited to be part of governance under political reforms he is proposing to solve the country’s political crisis triggered by an economic collapse. Prime Minister Ranil Wickremesinghe said that under proposed constitutional reforms, powers of the president will be clipped and those of Parliament strengthened. In a statement to the nation, he said that governance will be broad-based through parliamentary committees where lawmakers, youth and experts will work together. Protesters consisting of mainly young people have camped out outside the president’s office for more than 50 days. They’re demanding the resignation of President Gotabaya Rajapaksa and an overhaul of a system of governance.
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https://localnews8.com/news/2022/05/29/sri-lanka-pm-invites-protesting-youth-to-join-governance-2/
| 2022-05-30T05:27:54Z
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SPOKANE, Wash. (AP) — The 4th Congressional District in Washington state is a land of snow-capped volcanic peaks and lush irrigated orchards that produce most of the nation’s apples. It’s also home to one of the few Republicans who voted to impeach former President Donald Trump and then won his next election.
U.S. Rep. Dan Newhouse was one of 10 Republicans who voted to impeach Trump last year, and is one of only two to beat back GOP challengers this year.
Newhouse was the leading vote-getter in the race for his seat in the Aug. 2 Washington primary election, despite withering criticism from Trump and a Trump-backed challenger. Meanwhile, U.S. Rep. David Valadao, R-Calif. – who like Newhouse ran in a top-two open primary – also prevailed two months ago.
U.S. Rep. Jaime Herrera Beutler, R-Wash., who also voted to impeach Trump and represents the Vancouver area, conceded to Trump-backed challenger Joe Kent on Tuesday night.
Analysts say Newhouse had a couple of advantages that allowed him to beat back strong challenges from Republicans Loren Culp, who had Trump’s backing, and Jerrod Sessler, who was in Washington, D.C., during the Jan. 6, 2021 insurrection and poured a lot of his own money into the race.
Culp, a former small-town police officer, consistently blasted Newhouse as a RINO, or Republican in name only. That wasn’t enough to defeat Newhouse, who came from a well-known farming family and was seeking a fifth term.
“Newhouse had a lot more credibility in the agriculture community,” Cornell Clayton, head of the Thomas S. Foley Institute at Washington State University, said this week. “And Culp just doesn’t. I think that did him in.”
Sessler, a former NASCAR driver spent about $500,000 — mostly his own money — but finished a distant fourth in the race.
Washington’s primary system, in which all candidates run on the same ballot, and the top two vote getters advance to November, regardless of party, also helped Newhouse, analysts said.
“The short answer is this: Newhouse benefitted from our Top 2 primary system, especially given there was a legitimate (if still long shot) Democrat running,” Todd Schaefer, a political science professor at Central Washington University, wrote in an e-mail. “And of course he had the power of incumbency that gave him the ability to tout his record and attack Biden and Culp.”
With Republican votes split among six challengers, that allowed the lone Democrat in the race, farmer Doug White of the Yakima Valley, to finish second and advance to the general election.
White will be a longshot in November in what is arguably the state’s most conservative district.
It encompasses a large area of central Washington, covering the counties of Klickitat, Douglas, Okanogan, Grant, Yakima, Franklin, Benton, and Adams. The district, dominated by the Yakima and Tri-Cities communities, is considerably more conservative than the western part of the state.
No Democratic presidential candidate has carried any county in the district since Bill Clinton in 1992 carried Okanogan County. None of the other counties in the district have backed a Democrat for President since Lyndon B. Johnson in 1964, while Adams County has not voted Democratic since Franklin D. Roosevelt in 1936.
The last Democrat to represent the district was Jay Inslee, who won the seat in 1992 and lost it in the Republican wave of 1994. Inslee is now the governor of Washington.
Newhouse is the scion of a prominent farming family based in the Yakima Valley town of Sunnyside, and and is nobody’s idea of a liberal. He has consistently received “A” ratings from the National Rifle Association and Susan B. Anthony List, a leading anti-abortion organization. He also is fighting environmental groups who want to remove four big hydro dams on the Snake River to save endangered salmon.
The Newhouse family operates an 850-acre farm near Sunnyside where they grow hops for local breweries, grapes for local wineries, tree fruit, and alfalfa.
Of the 10 House Republicans who voted for Trump’s impeachment, four opted not to run for reelection. Michigan Rep. Peter Meijer was defeated in a primary on Aug. 2 by Trump-endorsed John Gibbs and Rep. Tom Rice of South Carolina lost to a Trump-endorsed challenger in June. Rep. Liz Cheney of Wyoming is bracing for defeat in her Aug. 16 primary against a Trump-backed rival.
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https://cw33.com/news/politics/ap-politics/newhouses-primary-success-rare-among-gop-impeachment-voters/
| 2022-08-12T03:24:21Z
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CALABASAS, Calif., June 29, 2022 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, today announced that S&P Global Ratings (S&P) recently upgraded the company's corporate credit rating to BBB from BBB-. The rating outlook is stable. American Homes 4 Rent's track record of strong operating results, persistent single-family rental demand tailwinds, and the company's commitment to its financial policies were all cited as key factors in the upgrade.
"Prudent balance sheet management has been a foundational cornerstone of American Homes 4 Rent," said Christopher C. Lau, Chief Financial Officer at American Homes 4 Rent. "We are pleased that S&P has recognized the continual improvement of our credit profile, as balance sheet strength and flexibility continue to remain top strategic priorities."
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is a nationally recognized brand for rental homes, known for high-quality, good value and resident satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of March 31, 2022, we owned 57,984 single-family properties in select submarkets in 22 states.
Additional information about American Homes 4 Rent is available on our website at www.americanhomes4rent.com.
Contacts:
American Homes 4 Rent
Investor Relations
Phone: (855) 794-2447
Email: investors@ah4r.com
American Homes 4 Rent
Media Relations
Phone: (805) 413-5088
Email: media@ah4r.com
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https://www.wibw.com/prnewswire/2022/06/29/american-homes-4-rent-announces-sampp-global-ratings-upgrade-bbb-with-stable-outlook/
| 2022-06-29T22:43:58Z
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XFL games will be featured on a combination of ABC, ESPN networks and FX.
The XFL will officially kick off on Saturday, February 18, 2023
Agreement includes exclusive rights to produce and distribute XFL games and tentpole events through 2027
NEW YORK, May 17, 2022 /PRNewswire/ -- The XFL today announced a new, global multi-year agreement with The Walt Disney Company ("TWDC") and ESPN, which includes exclusive broadcast rights for all gameday content, tentpole events and more, for its upcoming 2023 season through 2027. Each season, all 43 games (40 regular season games, two playoffs, one championship) will be featured on a combination of ABC, ESPN networks and FX. Additionally, the agreement includes exclusive content rights across TWDC and ESPN's digital, social and direct-to-consumer outlets such as ESPN+. The XFL is excited to officially announce its 2023 season will kick off on Saturday, February 18, 2023.
The announcement was revealed today at the Disney Upfront, where XFL owners Dany Garcia and Dwayne Johnson were in attendance and presented the news.
"Without question, we have long admired Disney's distinct ability to engage an expansive consumer fanbase across verticals, while also maintaining a deeply authentic, nuanced and heartfelt approach to storytelling much like our own," said Dany Garcia, Chairwoman of the XFL. "To find a partner that honors our foundation and to be able to root our vision of unwavering passion, accessibility and the future of football with Disney as our home, is a dream come true. We are extraordinarily excited to explore the endless possibilities of this partnership – today is surely just the beginning."
"The XFL will tap into sports fans' deep love of football by emphasizing competitive action while dedicating itself to innovation and entertainment," said Jimmy Pitaro, Chairman, ESPN and Sports Content. "You can see a great path to success when you combine the reach and influence of ESPN and Disney with the collective vision of XFL leadership led by Dany, Dwayne and Gerry."
Dwayne Johnson added, "This is a definitive moment for the XFL and the beginning of an incredible, long-term partnership for the league, building on my longstanding, very successful legacy relationship I've had with Disney throughout my career. We're excited to be working with global visionaries that are aligned with the XFL's values, are true team players and share our ambitious goals to grow the XFL as a global sports and entertainment business. Through the combined power of Disney, ESPN and the XFL, together we will create a new powerhouse on the sports calendar and bring a dynamic game of football to fans everywhere. Time to ball out."
Gerry Cardinale said, "With today's announcement, the XFL has launched a truly innovative partnership with The Walt Disney Company and its world class platforms across media, culture, sports and entertainment. It is a privilege to join forces with the incredibly talented team at Disney and ESPN and bring Dany and Dwayne's vision for world class football and live event entertainment to our fans and players."
For more information, visit XFL.com and follow us on Twitter, Facebook, and Instagram.
About XFL
The XFL's ownership group, led by Dany Garcia, Dwayne Johnson, and Gerry Cardinale's RedBird Capital Partners, is building a fan-first, fast-paced global professional football league with innovative rules and enhanced 360 game experience. The XFL will bring entertainment to world class football, with the goal of advancing the game of football and expanding player opportunities when it launches in February 2023.
XFL Media Contacts
Jeremy Watkins
jwatkins@hstrategies.com
Dan Gagnier/ Lindsay Barber
XFL@gagnierfc.com
ESPN Media Contact
Josh.Krulewitz@espn.com
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https://www.mysuncoast.com/prnewswire/2022/05/17/xfl-announces-exclusive-multi-year-broadcast-agreement-with-walt-disney-company-espn/
| 2022-05-17T23:41:56Z
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SILVER SPRING, Md. (AP) — The potential sale of the Kohl’s department store chain has fallen apart in a shaky retail environment of rising inflation and consumer anxiety.
Kohl’s entered exclusive talks early this month with Franchise Group, the owner of Vitamin Shop and other retail outlets, for a deal potentially worth about $8 billion.
“Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal,” said Kohl’s Chairman Pete Boneparth.
It was the second time this week that a major retailer retreated from a potential sale due to worsening economic conditions. Walgreen’s said Thursday that it was giving up on its hopes of selling its Boots business in the UK.
“Kohl’s decision to terminate acquisition talks with Franchise Group comes as no great surprise,” said Neil Saunders, managing director of GlobalData. “Current market conditions are not conducive to corporate dealmaking, with issues around financing and raising debt and capital all acting as barriers to closure.”
Saunders said that while Franchise Group was serious about the bid, it “likely found it increasingly difficult to make the math stack up against a backdrop of a deteriorating retail environment.”
Shares of Kohl’s Corp., based in Wisconsin, tumbled more than 20% at the opening bell.
U.S. data released two weeks ago showed that inflation has begun to erode the will of Americans to shop as they once had, unable to travel much and flush with money from government stimulus checks. Economic growth in the U.S. is slowing and potential takeovers face stiffening headwinds from rising interest rates that make financing such deals much more expensive.
Kohl’s struggled with anemic sales before the pandemic. Sales and profits rebounded in 2021, but the department store is now battling higher costs and a pullback from its price conscious shoppers who are being more cautious with their spending in the face of rising prices for gas, food, and just about everything else.
The spending retreat is broader than that, however. Just weeks after telling its investors what to expect in the year ahead, the luxury furniture chain RH revised those expectations lower Thursday, citing worsening macro-economic conditions and rising mortgage rates.
The day before, the CEO of Bed, Bath & Beyond was ousted after another dismal quarter of sales.
Driving home the weak environment for some retailers, Kohl’s said Friday that it now expects sales to be down in high-single digits in the current quarter compared with 2021. It had anticipated sales to be down in the low-single digits previously.
That comes less than two months after Kohl’s Corp. cut its annual earnings and sales forecast following a gloomy first quarter. Sales at stores opened at least year dropped 5.2% compared with 2021.
Kohl’s has more than 1,100 stores in 49 states.
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https://cw33.com/business/ap-business/kohls-sale-falls-apart-in-shaky-retail-environment/
| 2022-07-01T15:04:28Z
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APPOINTS TIM BROWN AS CEO FOLLOWING CLOSE OF SEED FINANCING
PORTSMOUTH, N.H., Aug. 8, 2022 /PRNewswire/ -- EventPipe, a provider of a cloud-based, event housing management software, raised $2.2 million in an initial seed round of funding led by Velocior Ventures. The company intends to use the funds to add to its team, accelerate adoption of its platform and continue to build functionality that adds value for customers.
Founded in 2020, EventPipe has emerged as a leader in the event housing management space. Following its successful private beta, EventPipe formally launched its product at the Connect Conference in 2021 and has quickly found traction and adoption of its platform. To date, EventPipe has seen over 1.6 million room nights booked through its platform totaling over $250 million in bookings.
Commensurate with the funding, EventPipe announced that Tim Brown has been appointed as Chief Executive Officer and member of the Board. Brown has dedicated his career to investing in and working with technology and growth companies in senior operational and financial leadership roles.
Co-founder and interim CEO, Serena Higdon shared, "When we created EventPipe, the founding members wanted to create a product that would change the way hotel inventory management for events worked. Having been in this space for decades, we knew how time-consuming and tedious it was to manage hotel rooms for events, and we knew there was a real need in the market for a better solution."
Higdon added "It was an honor to serve as interim CEO for a company that I know has already changed the direction and fabric of this industry for the better of all users. I look forward to seeing what EventPipe will do now having these very experienced investors, and strategic management team. It seems like EventPipe's growth potential is boundless! Now that EventPipe is in amazing hands, I am looking forward to spending more time with my friends and family as well as being involved in the strategy of my other company, Team Travel Source. We look forward to our continued partnership with Eventpipe as a customer and partner."
Co-founder and Chief Technical Officer Mike Addesa also added, "Our team already had a unique combination of deep technical expertise and an impressive breadth of event housing experience. We're fortunate to be adding such a seasoned software executive to this team. I've seen the results of Tim's leadership capabilities before, and I look forward to partnering with him to accelerate EventPipe's growth."
"I am truly excited to be working with several members of this team again, and to lead the EventPipe team at this inflection point in the company's growth," stated Brown. "Event producers, convention and visitor bureaus and event housing companies rely on EventPipe for solutions that streamline their daily workflow and enhance their opportunity to increase revenue. Our mission is to build EventPipe into the leader in event housing management software."
Prior to EventPipe, Brown served as the head of corporate development at Motus and previously as the company's CFO. Brown joined Motus after serving as the Chief Financial Officer of ConnectEDU (CDU). Prior to CDU, Brown led the corporate development/M&A function at EducationDynamics. Brown began his career in investment banking and private equity after graduating from the University of Pennsylvania's Wharton School of Business.
About EventPipe
EventPipe is a cloud software company that provides a modern approach to event housing management for event producers, housing companies, meeting planners and convention and visitor bureaus (CVBs). EventPipe is a comprehensive solution that covers the full event housing lifecycle. Users are able to complete everything from creating RFPs, to managing hotel contracts, building customized booking sites, managing inventory and reconciling their events.
About Velocior Ventures
Velocior Ventures is a private investment firm that invests in innovative SaaS and Fintech companies across various phases of growth, including seed, venture and late-stage. Its seasoned team possesses decades of investment and operating experience and takes a hands-on approach in helping its portfolio companies succeed.
Contacts
EventPipe
pr@eventpipe.com
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SOURCE EventPipe
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https://www.wibw.com/prnewswire/2022/08/08/eventpipe-announces-plans-expand-platform-accelerate-growth/
| 2022-08-08T15:20:46Z
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NEW YORK, April 29, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of AbbVie Inc. (NYSE: ABBV).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/abbvie-inc-loss-submission-form/?id=26477&from=4
The lawsuit seeks to recover losses for shareholders who purchased AbbVie between April 30, 2021 and August 31, 2021.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 6, 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, AbbVie Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) safety concerns about Pfizer Inc.'s drug Xeljanz extended to Abbvie's drug Rinvoq and to other Janus kinase enzyme inhibitor drugs; (2) as a result, it was likely that the U.S. Food and Drug Administration would require additional safety warnings for Rinvoq and would delay the approval of additional treatment indications for Rinvoq; and (3) therefore, defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
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https://www.wibw.com/prnewswire/2022/04/29/abbv-shareholder-alert-jakubowitz-law-reminds-abbvie-shareholders-lead-plaintiff-deadline-june-6-2022/
| 2022-04-29T11:08:51Z
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Copa Holdings Reports Financial Results for the Second Quarter of 2022
Published: Aug. 3, 2022 at 4:30 PM EDT|Updated: 2 hours ago
Adjusted Net Profit for the second quarter came in at US$13.2 million, or Adjusted EPS of US$0.32
PANAMA CITY, Panama, Aug. 3, 2022 /PRNewswire/ -- August 3, 2022. Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the second quarter of 2022 (2Q22). The terms "Copa Holdings" and the "Company" refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the second quarter of 2019 (2Q19) (which the Company believes are more relevant than year-over-year comparisons due to the significant impacts in 2020 and 2021 of the COVID-19 pandemic).
OPERATING AND FINANCIAL HIGHLIGHTS
- Copa Holdings' adjusted net profit, excluding special items, for 2Q22 came in at US$13.2 million or US$0.32 per share, as compared to an adjusted net profit of US$50.9 million or earnings per share of US$1.20 in 2Q19.
- Copa Holdings reported an operating profit of US$42.3 million for the quarter and a 6.1% operating margin, compared to an operating profit of US$82.6 million and an operating margin of 12.8% in 2Q19.
- Total revenues for 2Q22 came in at US$693.4 million, a 7.5% increase compared to 2Q19 revenues. Passenger revenue for 2Q22 was 5.9% higher than 2Q19, while cargo revenue was 62.4% higher than 2Q19. Yields increased 10.1% to 13.0 cents while load factors decreased 0.4 percentage points to 84.8%, compared to 2Q19, resulting in Revenue per Available Seat Mile (RASM) of 11.6 cents, or 11.3% higher than 2Q19.
- Operating cost per available seat mile (CASM) increased 19.9% from 9.1 cents in 2Q19 to 10.9 cents in 2Q22, driven by higher fuel prices. CASM excluding fuel (Ex-fuel CASM) decreased 4.6% in the quarter compared to 2Q19 to 6.0 cents.
- Capacity for 2Q22, measured in terms of available seat miles (ASMs), was 96.6% of the capacity flown in 2Q19.
- Including special items of US$110.9 million, comprised of an unrealized mark-to-market gain related to the Company's convertible notes and an unrealized mark-to-market loss related to changes in the value of financial investments, the Company reported a net profit of US$124.1 million for the quarter or US$3.01 per share.
- The Company ended the quarter with approximately US$1.1 billion in cash, short-term and long-term investments, which represents 47% of the last twelve months' revenues.
- The Company closed the quarter with total debt, including lease liabilities, of US$1.6 billion.
- During the quarter, the Company took delivery of one Boeing 737 MAX 9 aircraft.
- Including three Boeing 737-700 aircraft in temporary storage and one Boeing 737-800 freighter, Copa Holdings ended the quarter with a consolidated fleet of 94 aircraft – 68 Boeing 737-800s, 17 Boeing 737 MAX 9s, and 9 Boeing 737-700s.
- Copa Airlines had an on-time performance for the quarter of 85.9% and a flight completion factor of 99.8%.
FULL 2Q22 EARNINGS RELEASE AVAILABLE FOR DOWNLOAD AT:
2Q22 EARNINGS RESULTS CONFERENCE CALL AND WEBCAST
About Copa Holdings
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central and South America and the Caribbean. For more information visit: www.copaair.com.
CONTACT: Copa Holdings S.A.
Investor Relations:
Ph: 011 507 304-2774
www.copaair.com (IR section)
This release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current plans, estimates, and expectations, and are not guarantees of future performance. They are based on management's expectations that involve several business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statement. The risks and uncertainties relating to the forward-looking statements in this release are among those disclosed in Copa Holdings' filed disclosure documents and are, therefore, subject to change without prior notice.
CPA-G
Copa Holdings, S.A.
NON-IFRS FINANCIAL MEASURE RECONCILIATION
This press release includes the following non-IFRS financial measures: Adjusted Operating Profit, Adjusted Net Profit, Adjusted Basic EPS, and Operating CASM Excluding Fuel. This supplemental information is presented because we believe it is a useful indicator of our operating performance and is useful in comparing our performance with other companies in the airline industry. These measures should not be considered in isolation and should be considered together with comparable IFRS measures, in particular operating profit, and net profit. The following is a reconciliation of these non-IFRS financial measures to the comparable IFRS measures:
View original content:
SOURCE Copa Holdings, S.A.
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.
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https://www.mysuncoast.com/prnewswire/2022/08/03/copa-holdings-reports-financial-results-second-quarter-2022/
| 2022-08-03T22:14:52Z
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BELTON — Services for Albina Paredes, 98, of Belton will be 10 a.m. Wednesday in Cornhill Cemetery in Jarrell with the Rev. Hilario Guajardo officiating.
Mrs. Paredes died Friday, July 15, at her residence.
She was born March 1, 1924, in Buda to Eusebio and Inez Capetillo Guajardo. She married Lucas Paredes in 1952.
She was preceded in death by her husband.
Survivors include three daughters, Lupe Martinez of Belton, Dominga Smith of Washington and Paula Garza of Temple; a brother, Delfino Guajardo of Belton; eight grandchildren; 17 great-grandchildren; and two great-great-grandchildren.
Visitation will be 5-7 p.m. Tuesday at Crotty Funeral Home & Cremation Services in Belton.
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https://www.tdtnews.com/obituaries/article_39bbc134-054e-11ed-a2ef-8f0a19fc6453.html
| 2022-07-17T07:54:37Z
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Success in working together to combat pandemic relief fraud fuels partnership to offer combined capabilities to all federal agencies.
NEW YORK, Aug. 18, 2022 /PRNewswire/ -- Voyager Labs, an award-winning world leader in advanced investigation solutions, and Voyint, LLC, a provider of expert investigative services, today announced a strategic partnership to deliver end-to-end investigation solutions, support and services for federal government clients.
"We are excited to formalize our outstanding working relationship with Voyint. This partnership builds on our joint success in helping to investigate pandemic relief fraud, enabling other federal investigate agencies and offices easy access to those same combined technologies and analyst capabilities," said Courtney Bromley, CEO of Voyager Labs U.S.
As federal national security, law enforcement and oversight agencies grapple with a rapidly evolving and heavily digital threat and crime landscape, access to leading-edge investigation tools and expertise is now an imperative for mission success. These agencies are increasingly using Voyager Labs technology to search, sift and analyze massive amounts of complex, unstructured data to quickly obtain relevant insights, uncover hidden connections, and generate new leads. Voyint provides these agencies with enhanced research and analysis services, leveraging a team of investigative professionals from military service and risk management utilizing advanced technologies and intelligence tradecraft.
The Voyager Labs and Voyint partnership arises out of their successful ongoing work together to support the federal Inspectors General community in identifying and investigating fraud across $5 trillion in disbursed pandemic relief funds. Voyager Labs and Voyint are able to seamlessly bridge technology and human analysis to support federal investigative agencies in addressing a wide range of use cases including Fraud, Waste and Abuse (FWA), third party vetting, supply chain security, and more.
"Working with Voyager Labs has been one of the most successful partnerships we have created in conducting fraud investigations. It's critical that the tools we use to search and analyze massive amounts of data are comprehensive and offer rapid intelligence insights. Having successfully combined both of our capabilities for current pandemic fraud investigations, it was apparent that a strategic partnership would add value for other government and industry clients" said Jay Conolly, Founder and President of Voyint."
Under the partnership, Voyint, which is a certified Minority Business Enterprise (MBE) and a Service-Disabled Veteran-Owned Small Business (SDVOSB), will expand its training and expertise in using the full Voyager Labs solutions suite for government investigations, including requiring its analysts to obtain top-level certification in the technologies. As a result, Voyint's expert analyst team will be positioned to deploy rapidly and flexibly to support federal Voyager Labs customers. Voyint will also serve as a reseller of Voyager Labs solutions, enabling additional procurement options for those agencies seeking small and minority owned business partnerships.
"This partnership is a win for our federal customers, providing them with easy access to a comprehensive suite of investigation solutions and services, even faster ramp-up times, and more flexible operational models tailored to agency requirements," added Bromley.
About Voyager Labs:
Voyager Labs, a world leader in advanced AI-based investigation solutions, empowers organizations worldwide to easily analyze massive amounts of complex, unstructured data to gain deep investigative insights. For more information, please visit voyager-labs.com.
About Voyint:
Voyint provides Intelligence Collection, Research, and Analysis services that support Government and Industry organizations. Our capabilities and competitive advantage are built upon the intersection of emerging technologies and human subject-matter expertise. We creatively address the information and technology challenges within today's collection, research, and analysis process. By bridging the gap between automated tools and human analysis, we innovatively deliver a comprehensive intelligence product, that is timely, relevant, and cost efficient. For more information, visit voyint.com.
Media Contact:
Will Colston
willc@voyager-labs.com
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SOURCE Voyager Labs; Voyint, LLC
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https://www.kxii.com/prnewswire/2022/08/18/voyager-labs-voyint-partner-deliver-end-to-end-investigation-solutions-services-federal-agencies/
| 2022-08-18T15:00:45Z
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NEW YORK, July 9, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Axsome Therapeutics, Inc. (NASDAQ: AXSM) between December 30, 2019 and April 22, 2022, inclusive (the "Class Period"), of the important July 12, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Axsome securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Axsome class action, go to https://rosenlegal.com/submit-form/?case_id=2221 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 12, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Axsome's chemistry, manufacturing, and control ("CMC") practices were deficient with respect to AXS-07 and its manufacturing process; (2) as a result, Axsome was unlikely to submit the AXS-07 New Drug Application ("NDA") on its initially represented timeline; (3) the foregoing CMC issues remained unresolved at the time that the U.S. Food and Drug Administration ("FDA") reviewed the AXS-07 NDA; (4) accordingly, the FDA was unlikely to approve the AXS-07 NDA; (5) as a result of all the foregoing, Axsome had overstated AXS-07's regulatory and commercial prospects; and (6) as a result, Axsome's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Axsome class action, go to https://rosenlegal.com/submit-form/?case_id=2221 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.
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https://www.kxii.com/prnewswire/2022/07/09/axsm-final-deadline-alert-rosen-leading-law-firm-encourages-axsome-therapeutics-inc-investors-with-losses-secure-counsel-before-important-july-12-deadline-securities-class-action-axsm/
| 2022-07-09T22:13:36Z
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TORONTO, Aug. 11, 2022 /PRNewswire/ - Mattamy Group Corporation ("Mattamy"), the largest privately owned homebuilder in North America, today announced key operating results for the fourth quarter ended May 31, 2022 and posted full year financial results for the fourth quarter on Intralinks.
- Revenue increased 12.3% to $1.72B from $1.53B in the prior year quarter
- Homes closed increased 2.6% to 2,803 from 2,731 in the prior year quarter
- Net sales orders decreased 26.2% to 2,031 homes from 2,753 homes in the prior year quarter
- Sales order backlog increased 1.0% to 7,825 units from 7,750 units in the prior year quarter
- Revenue increased 3.6% to $4.61B from $4.45B in the prior year
- Homes closed decreased 6.1% to 7,723 from 8,221 in the prior year
- Net sales orders decreased 18.6% to 7,795 homes from 9,579 homes in the prior year
Mattamy will host its conference call, for qualified investors, to discuss its fourth-quarter financial results live on August 16, 2022, from 10:00 am EDT to 11:00 am EDT. Full financial results are available on Intralinks. An audio replay of the call will be available within 24 hours after the call on Intralinks.
Access to Mattamy's Intralinks site is accessible to beneficial owners of notes, prospective investors and others upon certification to establish its identity as such to the reasonable satisfaction of Mattamy. To obtain information on how to access the site, or if you experience any difficulty please contact bondholders@mattamycorp.com
Mattamy Homes is the largest privately owned homebuilder in North America, with a 40-year history of operations across the United States and Canada. Every year, Mattamy helps 8,000 families realize their dream of home ownership. In the United States, the company is represented in 11 markets –Charlotte, Raleigh, Phoenix, Tucson, Jacksonville, Orlando (where its US head office is located), Tampa, Sarasota, Naples, Dallas and Southeast Florida – and in Canada, its communities stretch across the Greater Toronto Area, as well as in Ottawa, Calgary and Edmonton. Visit www.mattamyhomes.com for more information.
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https://www.wibw.com/prnewswire/2022/08/11/mattamy-group-corporation-announces-fourth-quarter-2022-key-operating-results/
| 2022-08-11T18:27:26Z
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Industrial software company adds templates and expands connectivity to leading data lakes and warehouses with HighByte Intelligence Hub version 2.4
PORTLAND, Maine, June 22, 2022 /PRNewswire/ -- HighByte®, an industrial software company, today announced the release of HighByte Intelligence Hub version 2.4 that enables users to scale data operations projects faster with less effort across a wider range of connections. The release introduces several new features, including instance and input templates, custom conditions, global functions, and parameters that enable users to define common, reusable components within the Intelligence Hub to improve its speed of deployment and maintainability. The latest release also includes new native connections to leading data lakes, warehouses, and sources, including Amazon S3, Amazon Redshift, Microsoft Azure Blog Storage, and Modbus.
"The Intelligence Hub will enable us to simplify our data architecture, making our data both easier to manage and more accessible to a wider audience through a unified namespace," said Hayden Lovett, Global CI Engineer Specialist at Scholle IPN. Now part of SIG, Scholle IPN is a global leader in innovative sustainable packaging solutions. "With the new templating capabilities and custom conditions in the Intelligence Hub, we can rapidly create and manage modeled performance and OEE data for our machines. The ability to merge data from many sources will make new use cases possible, like precisely measuring how quickly machine issues are resolved and who performed them. It's a powerful tool."
According to ESG's April 2022 The State of DataOps survey sponsored by HighByte, 97% of organizations face data integration challenges. One of the most common integration challenges is the inability to apply automation to processes or workflows, as reported by 28% of respondents.
New components available in the latest release of HighByte Intelligence Hub—like templates and event-based flows—help address these challenges for companies working with industrial data. HighByte Intelligence Hub is an Industrial DataOps software solution that enables manufacturers and other industrial companies to merge, prepare, and deliver modeled industrial data to and from IT systems without writing or maintaining code.
To learn more about the release and see a live demonstration of the software, please register for the webinar, "More Data, Less Clicks: Automate Your Industrial Data Operations with Templates and Event Flows," on June 29, 2022 at 11:00 AM ET.
- Read more about HighByte Intelligence Hub version 2.4
- Download The State of DataOps eBook
- Join the free trial program
HighByte is an industrial software company in Portland, Maine USA building solutions that address the data architecture and integration challenges created by Industry 4.0. HighByte Intelligence Hub, the company's award-winning Industrial DataOps software, provides modeled, ready-to-use data to the Cloud using a codeless interface to speed integration time and accelerate analytics. Learn more at https://www.highbyte.com.
HighByte is a registered trademark of HighByte, Inc.
HighByte
Torey Penrod-Cambra
Chief Communications Officer
+1 844.328.2677 x701
torey.penrod-cambra@highbyte.com
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https://www.kxii.com/prnewswire/2022/06/22/highbyte-addresses-data-scalability-automation-challenges-with-latest-industrial-dataops-release/
| 2022-06-22T14:18:26Z
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SYDNEY, May 4, 2022 /PRNewswire/ -- Saasyan, a leader in AI-powered online student safety, announced today the official launch of Safe Image AI, available in their cloud-based, online student safety solution, Saasyan Assure.
The Saasyan Safe Image AI function detects any images containing sexual content in a student's online drive, making the detection and prevention of image-based abuse, more commonly referred to as revenge porn, an attainable and manageable goal for educational professionals.
"Unfortunately, there is an extremely high prevalence of image-based abuse found in schools today. With the launch of Safe Image AI, Saasyan delivers a solution that enables schools to turn the tide on this concerning epidemic" says Sidney Minassian, CEO of Saasyan.
With Saasyan Safe Image AI, teachers, counsellors and IT professionals can:
- Be alerted when a student's online drive contains sexually explicit images;
- Implement early intervention for the victims of image-based abuse, helping to prevent suicide and self-harm;
- Quickly identify the perpetrator of the abuse and prevent a repeat offense; and
- Improve the mental wellbeing of students by decreasing the prevalence of revenge porn and other image-based abuse in schools.
About Saasyan
Saasyan is a leader in AI-Powered Online Student Safety.
With the mass adoption of technology in the classroom and with remote learning, the online safety of students is top of mind for parents, is a high priority for school leaders and is a non-trivial problem for school IT teams.
Saasyan helps schools ensure the online safety of their students with flexible cybersecurity controls for K-12 classrooms, advanced alerting of cyberbullying & self-harm, and easy reporting of student online activities.
Integrating with the world's leading identity, cybersecurity and collaboration platforms already used by schools, Saasyan's all-cloud solution is quick to setup and delivers immediate value.
Today we serve over 400,000 students across 600 government and non-government schools.
Our mission has just begun.
Learn more at Saasyan.com
Media Enquires
Meg Hockey
press@saasyan.com
+61 2 8001 6632
Related Links
https://www.saasyan.com
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SOURCE Saasyan
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https://www.wibw.com/prnewswire/2022/05/04/saasyan-launches-safe-image-ai-help-schools-combat-image-based-abuse/
| 2022-05-05T00:45:19Z
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ALPHARETTA, Ga., June 14, 2022 /PRNewswire/ -- Colonial Pipeline today announced that Darrell Riekena has joined the company as Senior Vice President, Chief Information Officer. In his new role, Darrell will be responsible for strengthening the strategy and operations of information technology across the company, including Infrastructure, Applications & Systems, Solutions Delivery, Data & Analytics and Cybersecurity.
"Darrell is joining us at a critical time. We stood fast following the cybersecurity attack; in February, we added Adam Tice as Colonial's first CISO; and now we are moving to strengthen our technology and systems integrity even further in 2022 and beyond," said Joe Blount, President and Chief Executive Officer of Colonial Pipeline. "With Darrell's expertise, he will be an excellent addition to Colonial, and I look forward to all the great work we will do together."
Darrell's primary focus has been on transforming organizations through an evolution of strategy, operations, and implementation of technologies to enable growth, streamline operational and customer service levels, improve margins, and create new business channels. He has a proven track record of developing and delivering innovative, high-impact solutions, such as digital transformation, data, business intelligence and analytics, enterprise resource planning and technology modernization.
"I'm thrilled to join the OneColonial Team and I'm looking forward to working with the leadership team as we continue to innovate and improve our technology in a secure and reliable manner," said Darrell Riekena.
Most recently, Darrell served as the CIO and executive vice president for Republic National Distributing Company (RNDC) for the past six years. At RNDC, Darrell led technology transformation supporting company growth, which included mergers and acquisitions, and business process improvements. While serving at RNDC, he was nominated for Georgia CIO of the Year in 2018, 2019 and 2021.
Having held past executive-level roles in technology and business operations with Target, The Kroger Company, LimitedBrands and JCPenney, Darrell will bring a strong blend of technology, industry and supply chain experience to Colonial.
About Colonial Pipeline: Colonial Pipeline Company, founded in 1962, connects refineries – primarily located in the Gulf Coast – with customers and markets throughout the Southern and Eastern United States through a pipeline system that spans more than 5,500 miles. The company delivers refined petroleum products such as gasoline, diesel, jet fuel, home heating oil, and fuel for the U.S. military. Colonial is committed to safety and environmental stewardship across its operations. More information about Colonial is available at www.colpipe.com.
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https://www.mysuncoast.com/prnewswire/2022/06/14/colonial-pipeline-names-darrell-riekena-senior-vice-president-chief-information-officer/
| 2022-06-14T13:34:42Z
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DUBLIN, Aug. 9, 2022 /PRNewswire/ --
- Perrigo achieved second quarter net sales of $1.1 billion, an increase of 14.3%, or 20.2% excluding the impact of currency translation, versus the prior year quarter. Organic(1) net sales increased 17.2%, driven by continued strong global demand for the Company's consumer self-care products.
- Perrigo second quarter reported gross margin was 33.2%. Second quarter adjusted gross margin was 36.5%, an increase of 310 basis points sequentially compared to the first quarter 2022, while down 190 basis points compared to the prior year quarter.
- Consumer Self-Care Americas (CSCA) second quarter reported gross margin was 26.4%. Second quarter adjusted gross margin was 27.9%, an increase of 290 basis points sequentially compared to the first quarter 2022, including an 80 basis points benefit from the acquisition of Héra SAS ("HRA Pharma" or "HRA"). CSCA adjusted gross margin was down 380 basis points compared to the prior year quarter.
- Reported net earnings (loss) per diluted share ("EPS") for the second quarter of 2022 was a loss of ($0.48), as compared to a loss of ($0.84) in the prior year quarter.
- Adjusted diluted EPS for the second quarter of 2022 was $0.43 per diluted share, as compared to $0.50 per diluted share in the prior year quarter. Constant currency adjusted EPS for the quarter was $0.49 per diluted share.
- Submitted Opill® application to the United States Food and Drug Administration (FDA) for the first-ever over-the-counter (OTC) birth control pill in the U.S.; initiated U.S. nationwide launch of Nasonex™ 24HR, the Company's first branded Rx-to-OTC switch.
- Increases fiscal 2022 organic net sales growth range outlook to 9.0%-10.0% from 8.0%-9.0% versus the prior year, due to continued strong global consumer demand; reaffirms fiscal 2022 total net sales growth range outlook of 8.5%-9.5% as the organic net sales growth range outlook increase is expected to be offset by the worsening impact of currency translation.
- Expects to achieve constant currency adjusted EPS range outlook of $2.40-$2.50 per diluted share, in line with guidance provided on March 1, 2022; updates adjusted EPS range outlook to $2.25-$2.35 from $2.30-$2.40, due entirely to the worsening impact of currency translation.
- Perrigo net sales for the first half of 2022 were $2.2 billion, an increase of 10.3%, or 14.9% excluding the impact of currency translation, versus the prior year period. Organic net sales increased 13.3%.
- CSCA first half net sales of $1.4 billion grew 13.9% compared to the prior year period, with organic growth of 15.8%; Consumer Self-Care International (CSCI) first half net sales of $758 million grew 4.1%, or 16.7% excluding the impact of currency translation, versus the prior year period, with organic growth of 9.1%.
- Reported EPS for the first half of 2022 was a loss of ($0.49), as compared to a loss of ($0.82) in the prior year period.
- Adjusted diluted EPS for the first half of 2022 was $0.76, as compared to $1.00 in the prior year period. Constant currency EPS was $0.89.
Perrigo Company plc (NYSE: PRGO) ("Perrigo" or the "Company"), a leading provider of Consumer Self-Care Products, today announced financial results for the second quarter ended July 2, 2022. All comparisons are against the prior year fiscal second quarter, unless otherwise noted.
President and CEO, Murray S. Kessler commented, "This was a truly remarkable quarter for the Perrigo team. During the quarter: we closed the HRA transaction, closed on $2.6 billion senior secured credit facilities, received FDA approval for and launched the Company's first led Rx-to-OTC switch of Nasonex™ 24HR, filed with the FDA for the first ever Rx-to-OTC switch for a daily birth control pill, and worked around the clock at our infant formula facilities to help mitigate the shortage in the United States - all the while delivering a constant currency 20% increase in net sales and a 310 basis points sequential improvement in our consolidated adjusted gross margin. All of this was achieved despite a dynamic external environment, including severe inflationary headwinds. I couldn't be prouder of the performance of my Perrigo colleagues as our self-care strategy is being executed with excellence."
Kessler continued, "While we remain certain that the self-care strategy is the correct approach and we are executing well against it, we recognize that the macro-economic environment has and will continue to present significant headwinds in the near-term. Based on the strong performance of the business, as evident in continued strong demand, increased organic net sales outlook and sequentially improving margins, we expect to cover incremental headwind costs with the exception of the massive negative impact from foreign currency exchange. We continue to be excited about our future and look forward to delivering double-digit top and bottom line growth over the next few years as we 'Optimize and Accelerate' the newly transformed Perrigo Consumer Self-Care Company."
Refer to Tables I - VI at the end of this press release for a reconciliation of non-GAAP adjustments to the current year and prior year periods and additional non-GAAP information. The Company's reported results are included in the attached Consolidated Statements of Operations, Balance Sheets and Statements of Cash Flows.
As a result of the completed acquisition of HRA, the Company has updated its global reporting categories beginning in the second quarter of 2022 as follows:
- The creation of a new "Women's Health" reporting category, comprised of the women's health portfolio of HRA, including ellaOne® and Hana®, in addition to legacy Perrigo women's health products, including feminine hygiene and pregnancy products.
- The creation of a new "Skin Care" reporting category, comprised of Compeed®, Mederma®, and all of the products in the legacy Perrigo "Skincare and Personal Hygiene" category except for legacy Perrigo women's health products.
- The "Other" category now includes the HRA Rare Diseases business.
These product category updates have been adjusted retrospectively to reflect this change. These updates have no impact on the Company's historical consolidated financial position, results of operations, or cash flows.
Perrigo net sales for the second quarter were $1.1 billion, an increase of $141 million or 14.3%, including a positive impact of 6.8 percentage points from acquisitions, and negative impacts of 5.9 percentage points and 3.8 percentage points from adverse currency translation and divested businesses, respectively. Organic net sales increased 17.2%.
Net sales were driven by 1) $65 million in constant currency net sales from the April 29, 2022 closing of the acquisition of HRA, 2) higher global incidences of cough/cold and flu-like illnesses, including COVID-19, leading to an increase of $72 million in cough/cold-related sales that benefited the Upper Respiratory and Pain and Sleep Aids categories, 3) contract manufacturing sales to the divested RX business of $38 million, and 4) strong growth of $29 million in the Nutrition category stemming from store brand infant formula share gains amid a national brand recall. These drivers also benefited from increased pricing across both Consumer Self-Care segments, strong e-commerce growth and new product sales. These increases were partially offset by 1) the impact of adverse currency translation of $58 million, and 2) $30 million from divested businesses.
Second quarter reported operating loss was $7 million, compared to an operating loss of $126 million in the prior year period, due primarily to the absence of $159 million of prior year impairment charges related to the divested Latin American businesses. Adjusted operating income decreased $1 million, or 0.9%, to $116 million. Constant currency adjusted operating income increased 7.9% driven by 1) higher gross profit flow-through resulting from higher volumes and increased pricing, 2) the addition of HRA, and 3) cost savings from Project Momentum. These factors were partially offset by 1) $39 million in cost headwinds, including cost of goods sold inflation, increased freight expenses and lower plant productivity stemming from a tight labor market, and 2) higher operating expenses, driven primarily by the inclusion of HRA, in addition to higher employee and distribution costs compared to the prior year.
Reported net loss was $65 million, or $0.48 per diluted share, compared to reported net loss of $112 million, or $0.84 per diluted share, in the prior year period. Excluding certain charges as outlined in Table I, second quarter 2022 adjusted net income was $59 million, or $0.43 per diluted share, compared to $68 million, or $0.50 per diluted share, in the prior year. Constant currency EPS for the quarter was $0.49.
Consumer Self-Care Americas Segment
CSCA second quarter net sales of $728 million increased $106 million, or 17.0%, including a positive impact of 1.6 percentage points from acquisitions, and a negative impact of 5.8 percentage points from divested businesses. Organic net sales growth was 21.2%. Primary category drivers are provided below.
Upper Respiratory
Net sales of $146 million increased 38.6% due primarily to higher incidences of cough/cold and flu-like illnesses, including COVID-19, that led to strong demand, online and in-store, for cough/cold-related products. Sales of allergy products were higher, despite lower levels of incidence compared to the year ago period, due primarily to increased promotions at a particular customer.
Digestive Health
Net sales of $125 million increased 8.8% due primarily to growth in store brand proton pump inhibitor products, including the store brand versions of Esomeprazole and Omeprazole, driven by share gains, in addition to growth in store brand versions of Famotidine.
Nutrition
Net sales of $125 million increased 30.6% due primarily to strong growth in infant formula stemming from store brand share gains, due in part to new product launches and a national brand recall, as well as third-party contract sales. Continued growth in the oral electrolytes business also contributed to the quarter.
Pain & Sleep-Aids
Net sales of $103 million increased 14.8% due primarily to strong demand, online and in-store, for analgesics products stemming from higher incidences of cough/cold and flu-like illnesses, including COVID-19.
Oral Care
Net sales of $77 million increased 1.2% due primarily to sales of store brand products, particularly non-power toothbrushes, mostly offset by a decline in branded offerings stemming from delayed receipt of products manufactured outside the U.S., leading to unfulfilled customer orders.
Healthy Lifestyle
Net sales of $67 million increased 4.0% due primarily to increased distribution of store brand smoking cessation products, partially offset by the discontinuation of diabetes products.
Skin Care
Net sales of $49 million increased 3.2% due primarily to the addition of HRA brands, including Mederma® and Compeed®, partially offset by the divested ScarAway® brand asset and discontinued product in non-strategic category segments.
Women's Health
Net sales of $12 million increased 48.1% due primarily to the addition of HRA brands, including ella®.
Vitamins, Minerals, and Supplements ("VMS") and Other
Net sales of $25 million increased 17.0% due primarily to contract manufacturing sales to the divested RX business in the Other category.
Reported operating income was $86 million in the quarter compared to an operating loss of $72 million in the prior year period, due primarily to the absence of $159 million of prior year impairment charges related to the divested Latin American businesses. Adjusted operating income decreased $2 million to $105 million due primarily to 1) cost headwinds, including cost of goods sold inflation and increased freight expenses, 2) lower plant productivity, including reduced volumes due to a tight labor market, 3) the impact of divestitures, and 4) higher operating expenses to support net sales growth. These factors were mostly offset by higher gross profit flow-through resulting from higher net sales growth and the addition of HRA.
Consumer Self-Care International Segment
CSCI net sales of $394 million increased $35 million, or 9.7%, including a positive impact of 15.2 percentage points from acquisitions, partially offset by negative impacts of 16.1 percentage points and 0.9 percentage points from currency translation and lower sales in Ukraine and Russia, respectively. Organic net sales growth was 10.6%. Primary category drivers are provided below.
Skin Care
Net sales of $120 million increased 21.9%, or an increase of 43.0% excluding the impact from currency translation, driven primarily by the addition of HRA brands, including Compeed®, strong performance in the Sebamed and ACO skincare lines, and increased net sales of anti-parasite offerings, due to the easing of COVID-19-related restrictions. These benefits were partially offset by lower sales in Ukraine and Russia.
Upper Respiratory
Net sales of $60 million increased 41.0%, or 59.0% excluding the impact of currency, as the higher incidences of cough/cold and flu-like illnesses, including COVID-19, led to strong demand for cough/cold products, including Bronchonolo, Bronchostop and Coldrex and U.K. store brands. In addition, a relatively stronger hayfever season drove net sales performance of allergy products, particularly the Beconase brand in the U.K.
VMS
Net sales of $48 million decreased 11.9%, or 0.4% excluding the impact of currency, due primarily to lower overall category consumption and lower sales of the probiotic brand Probify in certain geographies, partially offset by the restocking of the Abtei brand in Germany following the third quarter 2021 recall of certain batches.
Pain & Sleep-Aids
Net sales of $49 million increased 0.4%, or 12.8% excluding the impact of currency, due primarily to higher demand for Solpadeine, a paracetamol-based analgesics product, as well as an increase in U.K. store brand consumption within the category. These increases were driven primarily by strong demand for analgesics products stemming from higher incidences of cough/cold and flu-like illnesses, including COVID-19.
Healthy Lifestyle
Net sales of $39 million decreased 17.6%, or 7.7% excluding the impact of currency, due primarily to lower net sales in the XLS Medical weight management franchise stemming from lower category consumption, partially offset by stronger performance of NiQuitin smoking cessation products, due to customer restocking following supply constraints earlier in the year.
Women's Health
Net sales of $24 million increased 69.4%, or an increase of 93.3% excluding the impact of currency, due primarily to the addition of HRA brands, including ellaOne® and NorLevo®.
Digestive Health, Oral Care and Other
Net sales of $54 million increased 0.6%, or an increase of 17.1% excluding the impact of currency, due primarily to the addition of the HRA Rare Diseases portfolio in the Other category.
Reported operating income was $2 million in the quarter compared to $1 million in the prior year quarter. Adjusted operating income increased $7 million, or 15.1%, to $54 million. Constant currency adjusted operating income grew 36.3%, driven by higher gross profit flow-through resulting from higher volumes, increased pricing and the addition of HRA. These factors were partially offset by 1) cost headwinds, including cost of goods sold inflation and increased freight expenses, and 2) higher operating expenses, driven primarily by the inclusion of HRA, in addition to higher employee and distribution costs compared to the prior year.
The Company is increasing its fiscal 2022 organic net sales growth range outlook to 9.0%-10.0%, from 8.0%-9.0%, versus the prior year, due to continued strong global consumer demand. The Company is reaffirming its fiscal 2022 total net sales growth range outlook of 8.5%-9.5%, as the organic net sales growth outlook increase is expected to be offset by the worsening impact of currency translation.
The Company expects to achieve a fiscal 2022 constant currency adjusted EPS range outlook of $2.40-$2.50 per diluted share and is updating its fiscal 2022 adjusted EPS range outlook to $2.25-$2.35 from $2.30-$2.40, due entirely to the worsening impact of currency translation.
The Company continues to expect an adjusted effective tax rate of approximately 23% and cash flow from operations as a percentage of adjusted net income above its long-term range outlook of 95%-105%.
The Company cannot reconcile its organic net sales growth to reported net sales or its expected adjusted diluted EPS or constant currency adjusted EPS to diluted EPS under "Fiscal 2022 Outlook" without unreasonable effort because certain items that impact net income and other reconciling metrics are out of the Company's control and/or cannot be reasonably predicted at this time. These items include taxes, interest costs that would occur if the Company issued debt, and costs to acquire and or sell a business if the Company executed such transactions, which could significantly affect our financial results. These items depend on highly variable factors and any such reconciliations would imply a degree of precision that would be confusing or misleading to investors.
Perrigo Company plc (NYSE: PRGO) is a leading provider of Consumer Self-Care Products and over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed. Visit Perrigo online at www.perrigo.com.
The conference call will be available live on Tuesday August, 9, 2022 at 8:30 A.M. (EDT) via webcast to interested parties in the investor relations section of the Perrigo website at http://perrigo.investorroom.com/events-webcasts or by phone at 888-317-6003, International 412-317-6061, and reference ID # 4031017 . A taped replay of the call will be available beginning at approximately 12:00 P.M. (EDT) Tuesday, August 9, until midnight Wednesday, August 16, 2022. To listen to the replay, dial 877-344-7529, International 412-317-0088, and use access code 3460338.
Certain statements in this press release are "forward-looking statements." These statements relate to future events or the Company's future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the Company or its industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "could," "would," "should," "expect," "forecast," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential" or the negative of those terms or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control, including: the effect of the coronavirus (COVID-19) pandemic and its variants and associated supply chain impacts on the Company's business; general economic, credit, and market conditions; the impact of the war in Ukraine and any escalation thereof, including the effects of economic and political sanctions imposed by the United States, United Kingdom, European Union, and other countries related thereto; the outbreak or escalation of conflict in other regions where we do business; future impairment charges; customer acceptance of new products; competition from other industry participants, some of whom have greater marketing resources or larger market shares in certain product categories than the Company does; pricing pressures from customers and consumers; resolution of uncertain tax positions, including the Company's appeal of the draft and final Notices of Proposed Assessment ("NOPAs") issued by the U.S. Internal Revenue Service and the impact that an adverse result in any such proceedings would have on operating results, cash flows, and liquidity; pending and potential third-party claims and litigation, including litigation relating to the Company's restatement of previously-filed financial information and litigation relating to uncertain tax positions, including the NOPAs; potential impacts of ongoing or future government investigations and regulatory initiatives; uncertainty regarding the timing of, and the Company's ability to obtain and maintain, certain regulatory approvals, including the sale of daily over-the-counter oral contraceptives; potential costs and reputational impact of product recalls or sales halts; the impact of tax reform legislation and/or changes in healthcare policy; the timing, amount and cost of any share repurchases; fluctuations in currency exchange rates and interest rates; the Company's ability to achieve the benefits expected from the sale of its Rx business and the risk that potential costs or liabilities incurred or retained in connection with the transaction may exceed the Company's estimates or adversely affect the Company's business or operations; the Company's ability to achieve the benefits expected from the acquisition of HRA Pharma and the risks that the Company's synergy estimates are inaccurate or that the Company faces higher than anticipated integration or other costs in connection with the acquisition; risks associated with the integration of HRA Pharma, including the risk that growth rates are adversely affected by any delay in the integration of sales and distribution networks; the consummation and success of other announced and unannounced acquisitions or dispositions, and the Company's ability to realize the desired benefits thereof; and the Company's ability to execute and achieve the desired benefits of announced cost-reduction efforts and strategic and other initiatives, including the Company's ability to achieve the expected benefits from its supply chain reinvention program. An adverse result with respect to the Company's appeal of any material outstanding tax assessments or pending litigation, including securities or drug pricing matters, could ultimately require the use of corporate assets to pay such assessments, damages from third-party claims, and related interest and/or penalties, and any such use of corporate assets would limit the assets available for other corporate purposes. There can be no assurance that the FDA will approve the sale of daily oral contraceptives without a prescription in the United States. These and other important factors, including those discussed under "Risk Factors" in the Company's Form 10-K for the year ended December 31, 2021, as well as the Company's subsequent filings with the United States Securities and Exchange Commission, may cause actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements in this press release are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
This press release contains certain non-GAAP measures. A "non-GAAP financial measure" is defined as a numerical measure of a company's financial performance that excludes or includes amounts different from the most directly comparable measure calculated and presented in accordance with U.S. Generally Accepted Accounting Principles (GAAP) in the statements of operations, balance sheets or statements of cash flows of the Company. Pursuant to the requirements of the U.S. Securities and Exchange Commission, the Company has provided reconciliations to the most directly comparable U.S. GAAP measures for the following non-GAAP financial measures referred to in this press release:
- net sales growth on an organic basis, which excludes acquisitions, divested businesses, and the impact of currency,
- adjusted gross profit,
- adjusted net income,
- adjusted diluted earnings per share,
- constant currency adjusted diluted earnings per share,
- adjusted gross margin, and
- adjusted operating margin.
These non-GAAP financial measures should be considered as supplements to the GAAP reported measures, should not be considered replacements for, or superior to the GAAP measures and may not be comparable to similarly named measures used by other companies.
The Company provides non-GAAP financial measures as additional information that it believes is useful to investors and analysts in evaluating the performance of the Company's ongoing operating trends, facilitating comparability between periods and, where applicable, with companies in similar industries and assessing the Company's prospects for future performance. These non-GAAP financial measures exclude items, such as impairment charges, restructuring charges, and acquisition and integration-related charges, that by their nature affect comparability of operational performance or that we believe obscure underlying business operational trends. The intangible asset amortization excluded from these non-GAAP financial measure represents the entire amount recorded within the Company's GAAP financial statements and is excluded because the amortization, unlike the related revenue, is not affected by operations of any particular period unless an intangible asset becomes impaired or the estimated useful life of an intangible asset is revised. The revenue generated by the associated intangible assets has not been excluded from the related non-GAAP financial measure. The non-GAAP measures the Company provides are consistent with how management analyzes and assesses the operating performance of the Company, and disclosing them provides investor insight into management's view of the business. Management uses these adjusted financial measures for planning and forecasting in future periods, and evaluating segment and overall operating performance. In addition, management uses certain of the profit measures as factors in determining compensation.
Non-GAAP measures related to profit measurements, which include adjusted gross profit, adjusted net income, adjusted diluted EPS, constant currency adjusted diluted EPS, adjusted gross margin and adjusted operating margin are useful to investors as they provide them with supplemental information to enhance their understanding of the Company's underlying business performance and trends, and enhance the ability of investors and analysts to compare the Company's period-to-period financial results. Management believes that adjusted gross margin and adjusted operating margin are useful to investors, in addition to the reasons discussed above, by allowing them to more easily compare and analyze trends in the Company's peer business group and assisting them in comparing the Company's overall performance to that of its competitors. As noted, for the first quarter of 2021, these adjusted profit measures exclude certain stranded costs, such as those related to corporate and shared service functions related to the RX business. Under GAAP, these stranded costs are reported within continuing operations, but were previously allocated to the RX business. We exclude these costs from all adjusted profit measures, as we do not believe they are representative of the future run-rate of expenses of our continuing operations. The Company also discloses net sales growth excluding the impact of currency on an organic basis. The Company believes these supplemental financial measures provide investors with consistency in financial reporting, enabling meaningful comparisons of past and present underlying operating results, and also facilitate analysis of the Company's operating performance and acquisition and divestiture trends.
A copy of this press release, including the reconciliations, is available on the Company's website at www.perrigo.com.
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SOURCE Perrigo Company plc
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https://www.mysuncoast.com/prnewswire/2022/08/09/perrigo-reports-second-quarter-fiscal-year-2022-financial-results-continuing-operations/
| 2022-08-09T12:10:49Z
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HAMILTON, Bermuda, July 11, 2022 /PRNewswire/ -- Chubb announced today that Natalie Chiaramonte has been named Division President of Sovereign Risk Insurance Limited, a Chubb company and leading underwriter of political risk insurance and reinsurance.
Prior to this role, Ms. Chiaramonte served as Senior Vice President and Chief Operating Officer of Sovereign. In her new role, Ms. Chiaramonte will have executive operating responsibility for the company, which provides political risk and sovereign credit insurance to commercial and investment banks, exporters, multinational corporations, export credit agencies, multilateral agencies and private equity investors. She will report to John Lupica, Vice Chairman, Chubb Group and President of North America Insurance, and Judy Gonsalves, Division President, Chubb Bermuda. The appointment is effective immediately.
About Sovereign, a Chubb Company
Sovereign Risk Insurance provides political risk and sovereign credit insurance to commercial and investment banks, exporters, multinational corporations, export credit agencies, multilateral agencies and private equity investors.
Sovereign has underwritten more than 2,000 policies and has a global portfolio that is spread over more than 100 emerging and frontier markets. Sovereign is widely recognized within the international insurance, private equity and export/project finance communities as a sophisticated and reliable risk-sharing partner. Sovereign is also a member of the Berne Union, the worldwide organization of national export credit and investment insurance agencies.
About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 34,000 people worldwide. Additional information can be found at: www.chubb.com
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SOURCE Chubb Bermuda
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https://www.kxii.com/prnewswire/2022/07/11/chubb-appoints-natalie-chiaramonte-president-sovereign-risk-insurance-limited/
| 2022-07-11T16:52:22Z
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Which camping windbreak is best?
Depending on where you are and what you are trying to accomplish, a little bit of wind can be pleasant or it can be annoying. In instances where a persistent light to moderate breeze is not desirable, you can benefit greatly from a windbreak.
The best windbreak for camping is lightweight, easy to set up and sized for your needs. WallUp! The Instant Outdoor Shelter is a highly adaptable option you can rearrange and expand to fit your windbreaking needs. This 6-by-12-foot screen can block winds up to 15 mph.
What to know before you buy a camping windbreak
Windbreak use
A windbreak for camping is a large screen of durable material such as polyester that is staked into the ground to create a temporary barrier to block light to moderate breezes.
You can use a windbreak in a wide variety of locations, such as on the beach, in a field, in the woods or in your backyard. If you are cooking on a small outdoor stove while camping or at a picnic or barbecue, a windbreak can block any light wind that might interfere. You also can use a windbreak as a privacy screen. A windbreak can stop nuisance debris such as sand from irritating you or getting into your food and supplies. It also can prevent lighter gear from being blown away by a breeze.
What to look for in a quality camping windbreak
Construction
There are two essential parts of a windbreak: poles and the windscreen. The poles make up the framework that holds the windscreen in place so they need to be sturdy. The windscreen should be made of thicker, tear-resistant material and have reinforced stitching around the poles for durability.
Other features
Since the windbreak will be exposed to the elements for extended periods of time, get one that is weather-resistant and treated to hold up to UV rays.
Sizes
Windbreaks come in a wide variety of sizes, from low and long, which might be good for a beach, to short and tall, which might be best for creating some privacy while camping. Carefully consider the area you want blocked from the wind (or from view) before purchasing your windbreak.
Portability
If you will be transporting your windbreak to and from campsites, you want a model that is lightweight and doesn’t take up a great deal of packing space.
How much you can expect to spend on a camping windbreak
A small windbreak you might use at the beach can cost as low as $25. If you want a larger, more durable model you can install wherever you are camping, you may have to spend $100 or more.
Camping windbreak FAQ
How do I clean my windbreak for camping?
A. The material your windbreak is made of determines how and with what you should clean it. In general, hand-washing with a mild detergent is the best way to clean your windbreak, but it is highly recommended you consult your owner’s manual and follow the manufacturer’s recommendations for cleaning.
Is it ever dangerous to use a windbreak?
A. A windbreak for camping is designed to be suitable in light to moderate breezes; it is not meant to provide shelter during a storm. Once the wind picks up or if you anticipate having gusts over the limit of what your windbreak can endure, you must take it down. Winds that are too strong for a windbreak can damage it and launch hazardous debris, such as sharp pole fragments, through the air to create an unsafe condition.
What’s the best camping windbreak to buy?
Top camping windbreak
WallUp! The Instant Outdoor Shelter
What you need to know: This is a solid option for the individual who needs a highly versatile windbreak that can function as a wall or an outdoor kitchen.
What you’ll love: This windbreak features a smart, collapsible design that makes it easy to set up and break down. It measures 6-by-12 feet and weighs just 12 pounds. This model stands out because you can connect multiple units to quickly build larger structures.
What you should consider: It can only handle light to moderate winds up to 15 mph.
Where to buy: Sold by Amazon
Top camping windbreak for the money
What you need to know: This is a small, affordable windbreak designed for use at the beach.
What you’ll love: This highly portable windscreen has a striped design. It is 16 feet long and 30 inches high, and comes with a convenient carry bag. Set up is quick and easy.
What you should consider: The wood mounting poles included with this windbreak are not as durable as individuals might have hoped. Care must be taken when hammering them into the sand.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: This kit comes with everything you need (except a rubber mallet) to set up and install a 14-foot windbreak.
What you’ll love: Besides the windscreen, this kit includes adjustable tarp poles, guy lines with rope tensioner, steel tent stakes and storage bags. The windscreen features a convenient see-through section, and the construction is rugged enough to hang camping and cooking tools on it, if needed.
What you should consider: A few consumers have noted this windbreak can be difficult to set up.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
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https://cw33.com/reviews/br/camping-outdoors-br/tents-br/best-camping-windbreak/
| 2022-07-03T12:41:43Z
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WASHINGTON (AP) — Donald Trump’s closest campaign advisers, top government officials and even his family were dismantling his false claims of 2020 voting fraud on election night, but the defeated president was becoming “detached from reality,” clinging to outlandish theories to stay in power, several said.
Trump’s former campaign manager Bill Stepien testified Monday before the House Jan. 6 committee that Trump was “growing increasingly unhappy” at the election results as the night wore on.
Son-in-law Jared Kushner tried to steer Trump away from attorney Rudy Giuliani and his far-flung theories of voter fraud that advisers believed were not true.
Former Justice Department official Richard Donoghue recalls breaking down one claim after another — from a truckload of ballots in Pennsylvania to a missing suitcase of ballots in Georgia —- and telling Trump “much of the info you’re getting is false.”
“He was becoming detached from reality,” said former Attorney General William Barr, who resigned. “I didn’t want to be a part of it.”
The witnesses appeared before the House committee investigating the Jan. 6 Capitol attack as the panel focused on the “big lie,” Trump’s false claims of voter fraud that fueled the defeated Republican president’s efforts to overturn the 2020 election and provoked a mob of his supporters to lay siege to the U.S. Capitol.
Most of those appearing did so in previously recorded testimony from closed door interviews over the course of the panel’s yearlong investigation. The committee has interviewed some 1,000 witnesses and compiled 140,000 documents, and some members say they have uncovered enough evidence for the Justice Department to consider an unprecedented criminal indictment against the former president.
Chairman Rep. Bennie Thompson, D-Miss., opened Monday’s hearing saying Trump “betrayed the trust of the American people” and “tried to remain in office when people had voted him out.”
Stepien was to be a key witness Monday, but abruptly backed out of appearing live because his wife went into labor. The ex-campaign manager is still close to Trump, and had been subpoenaed for to appear.
But the panel marched ahead after a morning scramble, showing previously recorded testimony from the ex-campaign manager and others close to the president as Trump latched on to repeated false claims about the election although those closest told him the theories of stolen ballots or rigged voting machines were not true.
Stepien described how the festive mood at the White House on election night turned as Fox News announced Trump had lost the state of Arizona to Joe Biden, and aides worked to counsel Trump on what to do next.
But he turned a deaf ear to them, choosing to listen instead to Giuliani, who was described as inebriated by several witnesses. Giuliani issued a general denial on Monday, rejecting “all falsehoods” he said were being said about him.
“My belief, my recommendation was to say that votes were still being counted, it’s too early to tell, too early to call the race,” Stepien said in the recorded testimony.
But Trump “thought I was wrong. He told me so.”
Kushner testified that he told Trump the approach Giuliani was taking was not one he would take. But the president pushed back and said he had confidence in the attorney.
And Barr, who had previously testified in last week’s blockbuster hearing that he told Trump the allegations being raised were bull——, revealed in gripping detail how was “as mad as I’d ever seen him” when the attorney general explained that the Justice Department would not take sides in the election.
Monday’s hearing also featured other live witnesses, including Chris Stirewalt, a former Fox News Channel political editor who declared on Election Night that Arizona was being won by Biden.
Thompson, D-Miss., and vice chair Rep. Liz Cheney, R-Wyo., were leading the hearing after last week’s blockbuster session drew nearly 20 million Americans to see its prime-time findings.
For the past year, the committee has been investigating the most violent attack on the Capitol since the War of 1812 to ensure such an assault never happens again. Lawmakers hope to show that Trump’s effort to overturn Joe Biden’s election victory posed a grave threat to democracy.
A second group of witnesses testifying Monday was to be made up of election officials, investigators and experts who were likely to discuss Trump’s responses to the election, including dozens of failed court challenges, and how his actions diverged from U.S. norms.
Among them those witnesses is the former U.S. attorney in Atlanta, BJay Pak, who abruptly resigned after Trump pressured Georgia state officials to overturn his presidential defeat. Trump wanted to fire Pak as disloyal, but Pak stepped down after Trump’s call urging Georgia Secretary of State Brad Raffensperger to “find” enough votes to overturn Biden’s win in the state became public.
The panel will also hear from former Philadelphia City Commissioner Al Schmidt, the only Republican on the election board and who faced down criticism as the state’s election was called for Biden, and noted Washington attorney and elections lawyer Benjamin Ginsberg.
As he mulls another White House run, Trump insists the committee’s investigation is a “witch hunt.” Last week he said Jan. 6 “represented the greatest movement in the history of our country.”
Nine people died in the riot and its aftermath, including a Trump supporter shot and killed by police. More than 800 people have been arrested in the siege, and members of two extremist groups have been indicted on rare sedition charges over their roles leading the charge into the Capitol.
In its prime-time hearing, the committee laid out how Trump was told over and over again by his trusted aides and officials at the highest levels of government that there was no election fraud on a scale that could have changed the outcome. But Trump pursued his false claims about the election and beckoned supporters to Washington on Jan. 6 to overturn Biden’s victory as Congress was set to certify the Electoral College results.
Additional evidence is to be released in hearings this week focusing on Trump’s decision to ignore the outcome of the election and the court cases that ruled against him.
Monday’s hearing was also turning to the millions of fundraising dollars Trump’s team brought in in the run-up to Jan. 6, according to a committee aide who insisted on anonymity to discuss the details.
The committee has said most of those interviewed in the investigation are coming forward voluntarily, although some have demanded subpoenas to appear in public. Stepien, who remains close to Trump, oversaw the “conversion” of Trump’s presidential campaign to a “Stop the Steal” effort, according to a subpoena issued by the committee last fall. Stepien is now a top campaign adviser to the Trump-endorsed House candidate, Harriet Hageman, who is challenging Cheney in the Wyoming Republican primary election.
Trump spokesman Taylor Budowich suggested Sunday that the committee’s decision to call Stepien was politically motivated.
Lawmakers indicated that perhaps their most important audience member over the course of the hearings may be Attorney General Merrick Garland, who must decide whether his department can and should prosecute Trump. They left no doubt as to their own view whether the evidence is sufficient to proceed.
“Once the evidence is accumulated by the Justice Department, it needs to make a decision about whether it can prove to a jury beyond a reasonable doubt the president’s guilt or anyone else’s,” said Rep. Adam Schiff, D-Calif, a panel member.. “But they need to be investigated if there’s credible evidence, which I think there is.”
Rep. Jamie Raskin, D-Md., another member said on CNN he doesn’t intend to “browbeat” Garland but noted the committee has already laid out in legal pleadings the criminal statutes members believe Trump violated.
“I think that he knows, his staff knows, the U.S. attorneys know, what’s at stake here,” Raskin said.
No president or ex-president has ever been indicted. Garland has not said whether he would be willing to prosecute.
___
Associated Press writers Farnoush Amiri and Jill Colvin in New York contributed to this report.
___
For full coverage of the Jan. 6 hearings, go to https://www.apnews.com/capitol-siege.
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https://cw33.com/news/politics/ap-politics/1-6-panel-to-hear-trump-campaign-manager-probe-election-lie/
| 2022-06-13T17:47:31Z
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NEW YORK, Aug. 29, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMC, NEE, FUTU, NIO, and SOFI.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- AMC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AMC&prnumber=082920223
- NEE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NEE&prnumber=082920223
- FUTU: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=FUTU&prnumber=082920223
- NIO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NIO&prnumber=082920223
- SOFI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SOFI&prnumber=082920223
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver
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https://www.wibw.com/prnewswire/2022/08/29/thinking-about-buying-stock-amc-entertainment-nextera-energy-futu-nio-or-sofi-technologies/
| 2022-08-29T13:56:08Z
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Ghislaine Maxwell to be sentenced in Epstein sex abuse case
NEW YORK (AP) - Ghislaine Maxwell, the jet-setting socialite who once consorted with royals, presidents and billionaires, is set to be sentenced Tuesday for helping the wealthy financier Jeffrey Epstein sexually abuse underage girls.
The 11 a.m. sentencing in New York is the culmination of a prosecution that detailed how the power couple flaunted their riches and prominent connections to lure vulnerable girls as young as 14, and then exploit them.
Prosecutors said Epstein, who killed himself in 2019 while awaiting trial, sexually abused children hundreds of times over more than a decade, and couldn’t have done so without the help of Maxwell, his longtime companion and onetime girlfriend.
“Maxwell’s conduct was shockingly predatory. She was a calculating, sophisticated, and dangerous criminal who preyed on vulnerable young girls and groomed them for sexual abuse,” prosecutors wrote in a court filing.
In December, a jury convicted Maxwell of sex trafficking, transporting a minor to participate in illegal sex acts and two conspiracy charges. Prosecutors say she deserves 30 to 55 years in prison.
Maxwell, 60, has denied abusing anyone. Her lawyers have asked U.S. District Judge Alison J. Nathan to impose a sentence of no more than five years.
“The witnesses at trial testified about Ms. Maxwell’s facilitation of Epstein’s abuse, but Epstein was always the central figure: Epstein was the mastermind, Epstein was the principal abuser, and Epstein orchestrated the crimes for his personal gratification,” they wrote in a court filing.
Epstein and Maxwell’s associations with some of the world’s most famous people were not a prominent part of the trial, but mentions of friends like Bill Clinton, Donald Trump and Britain’s Prince Andrew showed how the pair exploited their connections to impress their prey.
Over the past 17 years, scores of women have accused Epstein of abusing them. Many described Maxwell as acting as a madam who recruited them to give massages to Epstein.
The trial, though, revolved around allegations from only a handful of those women.
Four testified that they were abused as teens in the 1990s and early 2000s at Epstein’s mansions in Florida, New York, New Mexico and the Virgin Islands.
Three were identified in court only by their first names or pseudonyms to protect their privacy: Jane, a television actress; Kate, an ex-model from the U.K.; and Carolyn, now a mom recovering from drug addiction. The fourth was Annie Farmer, who identified herself in court by her real name after speaking out publicly.
They described how Maxwell charmed them with conversation and gifts and promises that Epstein could use his wealth and connections to help fulfill their dreams.
Then, they testified, she led them to give massages to Epstein that turned sexual and played it off as normal.
Carolyn testified that she was one of several underprivileged teens who lived near Epstein’s Florida home in the early 2000s and took up an offer to massage him in exchange for $100 bills in what prosecutors described as “a pyramid of abuse.”
Maxwell made all the arrangements, Carolyn told the jury, even though she knew the girl was only 14 at the time.
The allegations against Epstein first surfaced publicly in 2005. He pleaded guilty to sex charges in Florida and served 13 months in jail, much of it in a work-release program as part of a deal criticized as lenient. Afterward, he was required to register as a sex offender.
In the years that followed, many women sued Epstein over alleged abuse. One, Virginia Giuffre, claimed that Epstein and Maxwell had also pressured her into sexual trysts with other powerful men, including Prince Andrew. All of those men denied the allegations and Giuffre ultimately settled a lawsuit against Andrew out of court.
Federal prosecutors in New York revived the case against Epstein after stories by the Miami Herald in 2018 brought new attention to his crimes. He was arrested in 2019, but killed himself a month later.
Eleven months later after his death, Maxwell was arrested at a New Hampshire estate. A U.S., British and French citizen, she has remained in a federal jail in New York City since then as her lawyers repeatedly criticize her treatment, saying she was even unjustly placed under suicide watch days before sentencing. Prosecutors say the claims about the jail are exaggerated and that Maxwell has been treated better than other prisoners.
Her lawyers also fought to have her conviction tossed on the grounds of juror misconduct.
Days after the verdict, one juror gave media interviews in which he disclosed he had been sexually abused as a child — something he hadn’t told the court during jury selection. Maxwell’s lawyers said she deserved a new trial. A judge disagreed.
At least eight women have submitted letters to the judge, describing the sexual abuse they said they endured for having met Maxwell and Epstein. Four of them plan to make oral statements at sentencing, including two women — Annie Farmer and Kate — who testified at the trial.
In letters to the judge, six of Maxwell’s seven living siblings pleaded for leniency.
Anne Holve and Philip Maxwell, her eldest siblings, wrote that her relationship with Epstein began soon after the 1991 death of their father, the British newspaper magnate Robert Maxwell.
They said Robert Maxwell had subjected her daughter to “frequent rapid mood swings, huge rages and rejections.”
“This led her to becoming very vulnerable to abusive and powerful men who would be able to take advantage of her innate good nature,” they wrote.
Prosecutors called Maxwell’s shifting of blame to Epstein “absurd and offensive.”
“Maxwell was an adult who made her own choices,” they wrote to the court. “She made the choice to sexually exploit numerous underage girls. She made the choice to conspire with Epstein for years, working as partners in crime and causing devastating harm to vulnerable victims. She should be held accountable for her disturbing role in an extensive child exploitation scheme.”
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/06/28/ghislaine-maxwell-be-sentenced-epstein-sex-abuse-case/
| 2022-06-28T10:05:43Z
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HOUSTON and TUPELO Miss., July 5, 2022 /PRNewswire/ -- Cadence Bank (NYSE: CADE) will release its second-quarter 2022 earnings on Monday, July 25, 2022, after the close of the financial markets. It will also hold its earnings webcast on Tuesday, July 26, 2022, at 10:00 a.m. CT.
The webcast is live coverage of management's conference call with analysts and can be found by visiting: https://ir.cadencebank.com/events. This will be an interactive session between management and analysts; others may listen to the live broadcast as it happens. The conference call will also be available in archived format at the same address.
Cadence Bank (NYSE: CADE) is a leading regional banking franchise with approximately $50 billion in assets and more than 400 branch locations across the South, Midwest and Texas. Cadence provides consumers, businesses and corporations with a full range of innovative banking and financial solutions. Services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, and personal and business insurance. Cadence is committed to a culture of respect, diversity and inclusion in both its workplace and communities. Cadence Bank, Member FDIC. Equal Housing Lender.
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https://www.mysuncoast.com/prnewswire/2022/07/05/cadence-bank-announces-second-quarter-earnings-webcast-schedule/
| 2022-07-05T21:03:07Z
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Guest lineups for the Sunday news shows
WASHINGTON (AP) — ABC’s “This Week” — Sen. Chris Murphy, D-Conn.; Rep. Adam Kinzinger, R-Ill.
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NBC’s “Meet the Press” — Sen. Cory Booker, D-N.J.; former Baltimore Mayor Stephanie Rawlings Blake; Tony Monalto, president of Stand with Parkland.
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CBS’ “Face the Nation” — Murphy; Rep. Val Demings, D-Fla.; Gov. Asa Hutchinson, R-Ark.; Ronnie Garza, a county commissioner in Uvalde, Texas; Nicole Hockley, co-founder and CEO of Sandy Hook Promise; Jaclyn Corin, co-founder of March for Our Lives.
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CNN’s “State of the Union” — Kinzinger; Sen. Dick Durbin, D-Ill.; Rep. Dan Crenshaw, R-Texas; state Sen. Roland Gutierrez, D-Texas.
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“Fox News Sunday” — Sen. Ben Cardin, D-Md.; Rep. Mo Brooks, R-Ala.
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https://localnews8.com/news/2022/05/27/guest-lineups-for-the-sunday-news-shows-23/
| 2022-05-28T03:34:04Z
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SHANGHAI, Aug. 3, 2022 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the second quarter of 2022.
Second Quarter 2022 Financial and Operating Highlights
- Polysilicon production volume was 35,326 MT in Q2 2022, compared to 31,383 MT in Q1 2022
- Polysilicon sales volume was 37,545 MT in Q2 2022, compared to 38,839 MT in Q1 2022
- Polysilicon average total production cost(1) was $7.26/kg in Q2 2022, compared to $10.09/kg in Q1 2022
- Polysilicon average cash cost(1) was $6.51/kg in Q2 2022, compared to $9.19/kg in Q1 2022
- Polysilicon average selling price (ASP) was $33.08/kg in Q2 2022, compared to $32.76/kg in Q1 2022
- Revenue was $1,244.1 million in Q2 2022, compared to $1,280.3 million in Q1 2022
- Gross profit was $946.9 million in Q2 2022, compared to $813.6 million in Q1 2022. Gross margin was 76.1% in Q2 2022, compared to 63.5% in Q1 2022
- Net income attributable to Daqo New Energy Corp. shareholders was $627.8 million in Q2 2022, compared to $535.8 million in Q1 2022
- Earnings per basic American Depositary Share (ADS)(3) was $8.36 in Q2 2022, compared to $7.17 in Q1 2022
- EBITDA (non-GAAP)(2) was $955.4 million in Q2 2022, compared to $826.8 million in Q1 2022. EBITDA margin (non-GAAP)(2) was 76.8% in Q2 2022, compared to 64.6% in Q1 2022
Notes:
(1) Production cost and cash cost only refer to production in our polysilicon facilities. Production cost is calculated by the inventoriable costs relating to production of polysilicon divided by the production volume in the period indicated. Cash cost is calculated by the inventoriable costs relating to production of polysilicon excluding depreciation expense, divided by the production volume in the period indicated.
(2) Daqo New Energy provides EBITDA and EBITDA margins on a non-GAAP basis to provide supplemental information regarding its financial performance. For more information on these non-GAAP financial measures, please see the section captioned "Use of Non-GAAP Financial Measures" and the tables captioned "Reconciliation of non-GAAP financial measures to comparable US GAAP measures" set forth at the end of this press release.
(3) ADS means American Depositary Share. One (1) ADS representing five (5) ordinary shares.
Management Remarks
Mr. Longgen Zhang, CEO of Daqo New Energy, commented, "We are very proud to deliver an excellent quarter with record production volume and profits. Revenue reached $1.24 billion, gross profit was $947 million with gross margin of 76%. Net income attributable to Daqo shareholders was $628 million, an increase of 17.2% from $535.8 million in the first quarter of 2022 and an increase of 170% from $232 million in Q2 2021. Our cash position at the end of the quarter was $3.3 billion, an increase of approximately $2.2 billion from $1.1 billion at the end of Q1 2022, reflecting our strong cash flow generation. Cash and bank note receivable combined balances reached $4.6 billion. Operating cash flow was $1.1 billion for the first six months of this year."
"During the quarter, we operated at full capacity and produced 35,326 MT of polysilicon. More than 99% of our production were high-purity Mono-grade polysilicon products. We successfully ramped up our new Phase 4B facility to full capacity and further optimized its operational performance. Our sequential improvements in gross profit and gross margin were primarily driven by a 28% reduction in our polysilicon production cost. With higher manufacturing efficiency and better economy of scale, we reduced our per unit electricity cost and depreciation cost by 7% and 13% in RMB terms quarter-over-quarter, respectively. In addition, our metallurgical–grade silicon cost in the second quarter was reduced by 37% as compared to the first quarter. With our facility in optimized stable operations, we believe we will be able to maintain, and possibly further improve, our cost structure in Q3 and Q4 this year. We expect an even more favorable outlook for cost at our new Inner Mongolia facility.
"As a chemical refining facility, safe and stable operations are extremely important for polysilicon production, and our facilities perform the best under such conditions. In order to minimize the impact on operations, we will conduct our annual maintenance in phases spread throughout the third and fourth quarters. During the same time, we will conduct some technology improvement projects which are expected to further save energy and optimize efficiency. As a result, we expect our polysilicon production volume in the third quarter to be in the range of 31,000 – 32,000MT. With our better-than-expected operational performance in the first half of 2022, we are increasing our guidance on annual production volume to 129,000 – 132,000MT for the full year 2022, up from our previous guidance of 120,000-125,000MT."
"In June 2022, our major operating subsidiary, Xinjiang Daqo, received the total gross proceeds of approximately RMB11 billion from its private offering on the Shanghai Stock Exchange. Upon completion of the private offering, Daqo New Energy beneficially owns approximately 72.68% of Xinjiang Daqo. Proceeds from the offering will be used primarily for our Phase 5A polysilicon project of 100,000 MT in Inner Mongolia. This new project is currently under construction and expected to be completed by the second quarter of 2023."
"Driven by several favorable trends, the global solar industry saw robust demand in the first half of this year, and demand both in China and overseas continues to exceed market expectations. According to data from the China Photovoltaic Industry Association, China's production of polysilicon and solar modules in the first half of 2022 was approximately 365,000 MT and 123.6 GW, respectively, an increase of 53.4% and 54.1% compared to the same period of 2021. While solar PV products' supply increased significantly compared to last year, ASPs kept rising across the entire solar value chain due to stronger-than-expected end market demand. Despite rising ASPs, during the first half, solar PV installations in China reached 30.9 GW, and China exported 78.6 GW of solar modules, up 137% and 74%, respectively, over the same period of 2021. Driven by strong end market demand and increased orders from wafer suppliers, polysilicon ASPs and profitability improved continuously during the first half of this year despite increased supply. According to the China Silicon Association, the average price (VAT included) for high-density mono grade polysilicon increased significantly by 29.3% from RMB 229/kg in the first week in January 2022 to RMB 296/kg in the last week of July 2022. Nevertheless, our production is sold out for August and we have a strong order backlog for our products. We understand that many newly built wafer facilities are idle because of a shortage of polysilicon, as capacity expansion is much faster in downstream than in polysilicon sector."
"Beyond the urgency to address climate change that is driving various supportive policies to accelerate the adoption of solar energy globally, the recent conflict in Europe has led to an energy crisis with substantially higher natural gas and oil prices. Solar PV is easy and fast to deploy and its cost, which has already reached grid parity, is locked-in for the next 20 to 30 years. The rise in energy costs has made solar PV increasingly attractive, especially in the countries currently facing energy shortages and seeking energy safety and independence. For instance, in the second quarter, European solar PPA price increased substantially and the market saw a substantial increase in demand from Europe with module exports to Europe greater than 50% of total module export for China."
"In June, our board of directors authorized the Company to repurchase up to US$120 million worth of its own issued shares on the open market. As of today, we have already repurchased approximately $50 million worth of our ADRs and we will continue to do so as we believe our current ADR price is seriously undervalued and not reflective of our position as an industry leader with strong profitability and operating cash flow."
"With growing global policy support and attractive economics, we are confident that solar PV market demand and prices will remain strong, providing sustainable and healthy profits to the solar manufacturing value chain. In the first half of 2022, despite a 53.4% increase in production volumes in China over the same period of 2021, polysilicon was still a drag on the entire solar PV manufacturing value chain and capacity expansion was meaningfully slower than in the downstream sectors. Challenges in getting energy consumption approvals, long construction times, and delayed ramp-up times, as well as the operational inexperience of new players, make polysilicon one of the sectors with the highest entry barriers and slowest expansion growth in the solar PV manufacturing value chain. We expect this imbalance to continue for a while and help our sector greatly benefit from the robust market demand. We will continue to focus on our core business and further strengthen our industry leadership by increasing capacity, reducing our cost structure and improving product quality so as to continuously reward our shareholders. Our vision is that in the not-too-distant future, renewable energy will displace fossil fuels to become the primary source of energy for humans, with solar energy playing the biggest role. And our mission is to help make that vision a reality."
Outlook and guidance
The Company expects to produce approximately 31,000MT to 32,000MT of polysilicon in the third quarter of 2022 and approximately 129,000MT to 132,000MT of polysilicon in the full year 2022, inclusive of the impact of the Company's annual facility maintenance.
This outlook reflects Daqo New Energy's current and preliminary view as of the date of this press release and may be subject to changes. The Company's ability to achieve these projections is subject to risks and uncertainties. See "Safe Harbor Statement" at the end of this press release.
Second Quarter 2022 Results
Revenues
Revenues were $1,244.1 million, compared to $1,280.3 million in the first quarter of 2022 and $441.4 million in the second quarter of 2021. The minor decrease in the revenues as compared to the first quarter of 2022 was due to a decrease in sales volume but compensated by an increase in ASP.
Gross profit and margin
Gross profit was $946.9 million, compared to $813.6 million in the first quarter of 2022 and $303.2 million in the second quarter of 2021. Gross margin was 76.1%, compared to 63.5% in the first quarter of 2022 and 68.7% in the second quarter of 2021. The increase in gross profit and gross margin as compared to the first quarter of 2022 was primarily due to lower production cost and higher ASPs.
Selling, general and administrative expenses
Selling, general and administrative expenses were $14.4 million, compared to $15.5 million in the first quarter of 2022 and $9.3 million in the second quarter of 2021. SG&A expenses during the second quarter included $2.0 million in non-cash share-based compensation costs related to the Company's share incentive plan.
Research and development expenses
Research and development (R&D) expenses were $2.7 million, compared to $2.1 million in the first quarter of 2022 and $2.1 million in the second quarter of 2021. Research and development expenses can vary from period to period and reflect R&D activities that take place during the quarter.
Income from operations and operating margin
As a result of the foregoing, income from operations was $927.6 million, compared to $796.9 million in the first quarter of 2022 and $292.4 million in the second quarter of 2021.
Operating margin was 74.6%, compared to 62.2% in the first quarter of 2022 and 66.3% in the second quarter of 2021.
EBITDA (non-GAAP)
EBITDA (non-GAAP) was $955.4 million, compared to $826.8 million in the first quarter of 2022 and $311.7 million in the second quarter of 2021. EBITDA margin (non-GAAP) was 76.8%, compared to 64.6% in the first quarter of 2022 and 70.6% in the second quarter of 2021.
Net income attributable to Daqo New Energy Corp. shareholders and earnings per ADS
As a result of the aforementioned, net income attributable to Daqo New Energy Corp. shareholders was $627.8 million, compared to $535.8 million in the first quarter of 2022 and $232.1 million in the second quarter of 2021.
Earnings per basic American Depository Share (ADS) was $8.36, compared to $7.17 in the first quarter of 2022, and $3.15 in the second quarter of 2021.
Financial Condition
As of June 30, 2022, the Company had $3,284.3 million in cash, cash equivalents and restricted cash, compared to $1,127.7 million as of March 31, 2022 and $269.7 million as of June 30, 2021. As of June 30, 2022, the notes receivable balance was $1,269.3 million, compared to $1,499.4 million as of March 31, 2022 and $97.0 million as of June 30, 2021. As of June 30, 2022, total borrowings were nil, compared to nil as of March 31, 2022 and total borrowings of $156.6 million, including $70.9 million long-term borrowings, as of June 30, 2021.
Cash Flows
For the six months ended June 30, 2022, net cash provided by operating activities was $1,128.8 million, compared to $442.3 million in the same period of 2021. The increase was primarily due to higher revenues and gross margin.
For the six months ended June 30, 2022, net cash used in investing activities was $80.3 million, compared to $255.4 million in the same period of 2021. The net cash used in investing activities in 2022 was primarily related to the capital expenditures on the Company's 100,000 MT polysilicon project in Baotou City, Inner Mongolia, which was partially offset by $265.0 million redemption of short-term investments
For the six months ended June 30, 2022, net cash provided by financing activities was $1,579.3 million, compared to net cash used in financing activities of $37.1 million in the same period of 2021. The net cash provided by financing activities in 2022 was primarily related to the net proceeds of $1,631.7 million from by Xinjiang Daqo' private offering in China.
Use of Non-GAAP Financial Measures
To supplement Daqo New Energy's consolidated financial results presented in accordance with United States Generally Accepted Accounting Principles ("US GAAP"), the Company uses certain non-GAAP financial measures that are adjusted for certain items from the most directly comparable GAAP measures including earnings before interest, taxes, depreciation and amortization ("EBITDA") and EBITDA margin (which represents the proportion of EBITDA in revenues). Our management believes that each of these non-GAAP measures is useful to investors, enabling them to better assess changes in key element of the Company's results of operations across different reporting periods on a consistent basis, independent of certain items as described below. Thus, our management believes that, used in conjunction with US GAAP financial measures, these non-GAAP financial measures provide investors with meaningful supplemental information to assess the Company's operating results in a manner that is focused on its ongoing, core operating performance. Our management uses these non-GAAP measures internally to assess the business, its financial performance, current and historical results, as well as for strategic decision-making and forecasting future results. Given our management's use of these non-GAAP measures, the Company believes these measures are important to investors in understanding the Company's operating results as seen through the eyes of our management. These non-GAAP measures are not prepared in accordance with US GAAP or intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with US GAAP; the non-GAAP measures should be reviewed together with the US GAAP measures, and may be different from non-GAAP measures used by other companies.
A reconciliation of non-GAAP financial measures to comparable US GAAP measures is presented later in this document.
Conference Call
The Company has scheduled a conference call to discuss the results at 8:00 AM Eastern Time on August 3, 2022. (8:00 PM Beijing / Hong Kong time on the same day).
The dial-in details for the live conference call are as follows:
Participants please dial in 10 minutes before the call is scheduled to begin and ask to be joined into the Daqo New Energy Corp. call.
You can also listen to the conference call via Webcast through the URL:
https://event.choruscall.com/mediaframe/webcast.html?webcastid=h0088h2l
A replay of the call will be available 1 hour after the end of the conference through August 10, 2022.
The conference call replay numbers are as follows:
To access the replay using an international dial-in number, please select the link below.
https://services.choruscall.com/ccforms/replay.html
Participants will be required to state their name and company upon entering the call.
About Daqo New Energy Corp.
Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company") is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2007, the Company manufactures and sells high-purity polysilicon to photovoltaic product manufactures, who further process the polysilicon into ingots, wafers, cells and modules for solar power solutions. The Company has a total polysilicon nameplate capacity of 105,000 metric tons and is one of the world's lowest cost producers of high-purity polysilicon.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates", "might" and "guidance" and similar statements. Among other things, the outlook for the third quarter and the full year of 2022 and quotations from management in these announcements, as well as Daqo New Energy's strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, all of which are difficult or impossible to predict accurately and many of which are beyond the Company's control. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the demand for photovoltaic products and the development of photovoltaic technologies; global supply and demand for polysilicon; alternative technologies in cell manufacturing; the Company's ability to significantly expand its polysilicon production capacity and output; the reduction in or elimination of government subsidies and economic incentives for solar energy applications; the Company's ability to lower its production costs; changes in political and regulatory environment; and the duration of COVID-19 outbreaks in China and many other countries and the impact of the outbreaks and the quarantines and travel restrictions instituted by relevant governments on economic and market conditions, including potentially weaker global demand for solar PV installations that could adversely affect the Company's business and financial performance. Further information regarding these and other risks is included in the reports or documents the Company has filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date hereof, and the Company undertakes no duty to update such information or any forward-looking statement, except as required under applicable law.
For more information, please visit www.dqsolar.com
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https://www.mysuncoast.com/prnewswire/2022/08/03/daqo-new-energy-announces-unaudited-second-quarter-2022-results/
| 2022-08-03T11:37:50Z
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PITTSBURGH, May 31, 2022 /PRNewswire/ -- "I thought there could be a better way for a dentist to see clearly when working in a patient's mouth," said an inventor, from Roberta, Ga., "so I invented the DAVIS INVENTION. My design eliminates the time and hassle of removing moisture, fog and debris from the surface of the inspection mirror."
The invention provides an improved inspection mirror for dental applications. In doing so, it eliminates the need to continually wipe fog or water from the mirror. As a result, it increases efficiency and it ensures that the dentist has a clear view. The invention features an innovative design that is easy to use so it is ideal for dentists and dental technicians. Additionally, it is producible in design variations.
The original design was submitted to the Atlanta sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-AAT-4678, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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https://www.wibw.com/prnewswire/2022/05/31/inventhelp-inventor-develops-modified-dental-inspection-mirror-aat-4678/
| 2022-05-31T15:27:28Z
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TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF
VANCOUVER, BC, April 11, 2022 /PRNewswire/ - Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) ("Blue Sky" or the "Company") is pleased to announce that the Company is resuming its 4,500 metre exploration drilling program with new holes planned at the Ivana Central target, located 10 kilometres north of the Company's Ivana Deposit at its wholly-owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina ("AGP") (see Figure 1).
Six holes totaling 286 metres were drilled at Ivana Central in 2020 before the program was paused, leaving approximately 1,200 metres to be completed at this target. Two of the first six holes at Ivana Central intersected anomalous uranium, including 120 ppm U3O8 over 1 metre in hole AGIC-01 (see News Release date October 21, 2021) and all holes returned anomalous vanadium and pathfinder elements similar to those associated with uranium mineralization at the Ivana deposit. The new drilling will test the continuity of the prospective horizons intersected in the initial holes.
Nikolaos Cacos, Blue Sky President & CEO commented, "Ivana Central is the next area we are evaluating in our continued push to identify and delineate new mineralization and deposits at the district-scale Amarillo Grande project. We look forward to completing this tranche of drilling so that we can plan detailed follow up and advance to testing other targets in the Ivana area."
A total of 1,584 metres have also been completed at the Ivana North target (see October 21, 2021 News Release). Following completion of the current tranche of drilling at Ivana Central, approximately 1,500 metres of drilling will be deployed in refining delineation of areas with the best results from both targets.
Ivana Central is a blind exploration target consisting of a mainly soil-covered depression covering an area of 5 by 9 kilometres. This target zone was initially identified by Blue Sky's previous joint venture partner Areva in 2013 via a drilling program of 11 core holes totaling 2023.5 metres, with depths ranging from 110 to 280 metres, in the southern sector of the Amarillo Grande project. In 2018 Blue Sky's exploration team relogged, sampled and re-interpreted those holes and applied the in-house geological and exploration models and experience that have been developed and refined as the Ivana deposit has been discovered and advanced. This work identified a suite of pathfinder element anomalies, including molybdenum, selenium, cobalt, lanthanum, rhenium, yttrium, lead, and zinc, that the Company employs as geochemical indicators to vector towards blind uranium deposits.
The exploration work at Ivana Central continued with auger-holes, radiometric surveys and pit-sampling, followed by induced polarization ("IP") Pole-Dipole tomography (see Press Releases May 16 and September 19, 2019). From the auger-holes surveyed, radiometric anomalies were detected in some holes and at several different depths; some are open to depth. The sampling program encountered reduced carbonaceous alteration and carnotite mineralization. The IP survey detected areas with high chargeability anomalies interpreted to represent moderate to low levels of disseminated pyrite, suggesting proximity to an oxidation-reduction ("REDOX") zone as potential "trap" for uranium mineralization.
This information was used to plan the initial reverse circulation ("RC") drilling program originally launched in 2020, as reported on March 2, 2020. Two holes successfully intercepted uranium-vanadium anomalies at the expected depths, with a third showing weak uranium values. Those intercepts suggest that the mineralization potentially continues to the west, onto a mineral tenure for which permits were pending at that time but which have now been secured. The new program is designed primarily to test that potential westward continuity of the mineralization (see Figure 1) as well as to test some undrilled areas to the east showing IP chargeability anomalies.
The drilling program will employ a multipurpose direct circulation hydraulic drilling rig on tracks. This drill produces wet chip samples which are collected from sampling buckets every metre; the drill rig also has the ability to recover drill core. Every hole will be surveyed with a calibrated radiometric Mount SoprysTM probe. An additional geoelectrical SP-SPR survey will be completed on holes in order to approximate the location of geological contacts between sedimentary units.
The design of the Company's exploration program was undertaken by the Company's geological staff under the supervision of David Terry, Ph.D., P.Geo. Dr. Terry is a Director of the Company and a Qualified Person as defined in National Instrument 43-101. The contents of this news release have been reviewed and approved by Dr. Terry.
The Company's 100% owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina is a new uranium district controlled by Blue Sky. The Ivana deposit is the cornerstone of the Project and the first part of the district for which both a Mineral Resource Estimate and a Preliminary Economic Assessment have been completed. Mineralization at the Ivana deposit has characteristics of sandstone-type and surficial-type uranium-vanadium deposits. The sandstone-type mineralization is related to a braided fluvial system and indicates the potential for a district-size system. In the surficial-type deposits, mineralization coats loosely consolidated pebbles, and is amenable to leaching and simple upgrading.
The Project includes several other target areas over a regional trend, at or near surface. The area is flat-lying, semi-arid and accessible year-round, with nearby rail, power and port access. The Company's strategy includes delineating resources at multiple areas and advancing the entire project to prefeasibility level.
For additional details on the project and properties, please see the Company's website.
Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company's objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of surficial uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky has the exclusive right to properties in two provinces in Argentina. The Company's flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
"Nikolaos Cacos"
______________________________________
Nikolaos Cacos, President, CEO and Director
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
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| 2022-04-11T12:24:19Z
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MADRID, June 28, 2022 /PRNewswire/ -- Yadea (01585:HK), the world's leading electric two-wheeler brand, launched its latest offering in the popular Guanneng range. The all-new Guanneng 3 represents a new generation of long-range, intelligent electric vehicles and features breakthrough long-lasting battery technology.
Yadea just debuted in Spain last week with a full range of products. With the official launch of the Guanneng 3, designed and engineered in collaboration with industry leaders, it is expected to continue the reputation of the Guanneng range as being a market leader.
"Featuring outstanding range and performance, the Guanneng 3 is an important addition to the comprehensive Yadea product suite and will play an integral part in the brand's development moving forwards," said Edward Vlutters, the Vice General Manager of Yadea Europe.
With the unveiling of the Guanneng 3, Yadea released details of key technology breakthroughs, including the world's first TTFAR 3.0, with leading TTFAR intelligent driving electronic control core, temperature-sensing charger, gallium nitride charger, and TTFAR motor range extension system.
At the launch event, Yadea demonstrated the industry's first TTFAR graphene 3rd generation batteries, with 30% more power than previous-generation lead-acid batteries, and TTFAR carbon fiber 2.0 lithium battery which utilizes carbon nano fiber material to improve energy density for more efficient conduction and a super large capacity.
Additionally, the company showed off four major system upgrades of the Yadea Smart Lamp for unparalleled nighttime illumination, TTFAR anti-skid tires, an expert self-balancing system ensuring the center of the gravity remains in the center of the vehicle, and smart unlock, enabling a safer and more convenient riding experience.
Yadea vehicles are also visually impressive, with the Guanneng 3 adhering to three concepts of youth, technology, and performance, presenting a clean and sharp aesthetic and featuring a new embedded logo co-designed by YANG DESIGN led by Forbes China's most influential industrial designer Jamy Yang
As a global electric vehicle powerhouse, Yadea places the highest of standards on new product releases. The company is committed to extensive product research and development in the pursuit of creating riding experiences that satisfy all users. In this pursuit, Yadea is constantly raising the standards for vehicle manufacturing, seeking to lead the entire industry with the new and comprehensive Guanneng technology system.
Since first launching in 2020, the Guanneng series has been a testament to the company's commitment to quality excellence for both battery life and power. The internal R&D team of 1,000 strong lead the development of integrating automative-grade concepts, battery, charging, motor upgrades, and electronic control configuration, and are the first in the industry to use graphene in batteries. The Guanneng series recorded sales of over 3 million throughout 2021, with a total of over 7 million in sales to date.
Moving forward, the company is committed to bringing the innovative and powerful Guanneng 3 to users all over and will be participating in the Euro Bike exhibition in Frankfurt, Germany, in July to share the marvel of China's intelligent manufacturing with the world.
About Yadea
Yadea is a global leader in developing and manufacturing electric two-wheel vehicles including electric motorcycles, electric mopeds, electric bicycles and electric kick scooters. To date, Yadea has sold products to 60 million users in over 90 countries, and has a network of 40,000+ retailers worldwide. With a mission to help people "Electrify Your Life", Yadea continues to invest in R&D, production and global expansion to build a shared and sustainable future for humankind.
For more information, please visit:
Official Website: https://www.yadea.com/
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https://www.wibw.com/prnewswire/2022/06/28/yadea-unveils-guanneng-3-with-breakthrough-long-battery-life/
| 2022-06-28T09:45:27Z
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NEW YORK, May 20, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Netflix, Inc. (NASDAQ: NFLX).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/netflix-inc-loss-submission-form/?id=27470&from=4
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Netflix common stock or call options, or sold put options, between October 19, 2021 and April 19, 2022, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 5, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Netflix, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Netflix was exhibiting slower acquisition growth due to, among other things, account sharing by customers and increased competition from other streaming services; (2) the Company was experiencing difficulties retaining customers; (3) as a result of the foregoing, the Company was losing subscribers on a net basis (4) as a result, the Company's financial results were being adversely affected; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law
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https://www.mysuncoast.com/prnewswire/2022/05/20/nflx-shareholder-alert-jakubowitz-law-reminds-netflix-inc-shareholders-lead-plaintiff-deadline-july-5-2022/
| 2022-05-20T11:16:43Z
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NEW YORK, May 23, 2022 /PRNewswire/ -- Today Katie Goldblatt, director of British heritage brand Rapport London (and great-granddaughter of the founder) announced that her family's fourth generation luxury watch, accessories and leather products business is rapidly expanding in the United States.
Rapport London recently opened a logistics and distribution center in New Jersey to service a growing number of customers throughout the country. Retailers include Bergdorf Goodman, Neiman Marcus, Saks Fifth Avenue, premium watch retailers such as Tourneau-Bucherer, London Jewelers and online retailers Rapport USA, MR PORTER, Farfetch and Hodinkee.
Designed to preserve and maintain investment value of fine jewelry and premium time pieces, the British based company's handcrafted products appeal to watch connoisseurs and discerning shoppers alike. The range includes automatic watch winders and accessories catering to luxury watch collectors, pocket watches, and upscale leather and wooden gifts for ladies and gentlemen. The brand also produces a range of specialty trunks designed to house watch winders, jewelry and specialty accessories.
The company was originally founded in 1898 by Maurice A. Rapport, who at the age of twenty produced his first timepiece. It was so well received that M. A. Rapport & Co. Ltd. was born, and the clocks produced by the company ultimately graced fine homes throughout the world.
Now, three generations later, Maurice's grandson Derek is chairman of Rapport London, while Goldblatt and Oliver Rapport (also a grandson of Maurice) serve as active co-directors. The family-run business has always stood by three key principles: innovation, quality and service. The latest watch winders boast features such as fingerprint access and touchscreen control panels. The company prides itself by being on the cutting edge of new technology, while sourcing the most exquisite leathers, suedes, wood and metal accessories from around the globe. The Rapport team of master craftsmen and artisans creates world class handcrafted products, designed to be handed down from generation to generation.
"It's really important that every single product has been designed to stand the test of time, with an acute attention to detail," says Goldblatt.
Follow and join the conversation on line.
Instagram: rapport_london
Twitter: @Rapportlondon
LinkedIn: RapportLondon
Facebook:@rapportlondon
© 2022 Rapport London is a Registered Trademark. All Rights Reserved.
Welcome to Rapport London
Rapport London is the preserver of time.
For more information and interviews, contact:
Tracy Paul
Tracy Paul & Company
917.693.9139
Email: tracy@tracypaul.com
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https://www.mysuncoast.com/prnewswire/2022/05/23/rapport-london-announces-us-expansion/
| 2022-05-23T14:02:53Z
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Which ice-cream truck toys are best?
The soundtrack to a summertime memory is not complete without the music of an ice-cream truck, and kids yelling, “Stop!” as it drives down the street. Kids can recreate the magical feeling of eating ice cream straight off the truck with a variety of ice-cream truck toys. If you’re looking for one that appeals to both boys and girls, and functions as both a building toy and playset, the LEGO City Ice-Cream Truck is your top choice.
What to know before you buy an ice-cream truck toy
Type of toy
Ice-cream truck toys come in different forms. You will have to decide if you want one with full-size items that kids can use for pretend play, or small items that can be used with dolls or other playsets. You can also choose from more creative play options like LEGO and Play-Doh, which let kids build their toys first, then play with them.
Size
The size of the ice-cream truck depends on how the child will use it. Some are tiny replicas that contain ice cream for dolls and stuffed animals; others are life-sized windows through which kids can serve realistic-looking ice cream treats. Little Tikes even has an ice-cream truck version of its classic car in which kids can travel the neighborhood “selling” make-believe ice cream to the jangling tune of traditional ice-cream truck music.
Age appropriateness
When you select an ice-cream truck toy, you’ll want to make sure that it is age appropriate. Ice cream is a tempting treat, but kids must be old enough to understand that they cannot eat their toy desserts. Similarly, toys with small parts may pose a choking hazard to little ones, so be sure to check the packaging for recommended ages before you give the gift.
What to look for in a quality ice-cream truck toy
Realism
Quality ice-cream truck toys have realistic features. Real trucks have windows through which the ice cream is served, with a menu of options printed on the truck’s side. They play music as they cruise down the street. Toy versions of these vehicles should look and sound the same. Real ice-cream trucks serve many different sweets, from soft-serve cones to popsicles to sundaes, so a toy with a lot of ice-cream options is more realistic.
Lights and sounds
An ice-cream truck toy that lights up like a real vehicle is always a delight. One that plays traditional twinkly ice-cream truck music or rings a bell will make kids feel like they really own their own truck.
Variety of ice cream treats
A quality ice-cream truck toy will have a great variety of treats to make the experience as real as possible. Trucks that come with cones, cups and ice cream on sticks mimic the real-life choices kids make while standing in front of the truck. Whether they prefer chocolate or vanilla, sprinkles or syrup, kids will appreciate seeing these options in the accessories that come with their toys.
How much you can expect to spend on an ice-cream truck toy
Ice-cream truck toys cost anywhere from $15-$110, depending on the type of toy.
Ice-cream truck toy FAQ
What if my child eats Play-Doh because they think it is real ice cream?
A. Play-Doh is nontoxic, so you wouldn’t have much to worry about, but kids should be discouraged from eating it because they could be allergic to its ingredients and it could pose a choking hazard.
Do any ice-cream truck toys come with play money?
A. Yes. You can find many that come with play money that help kids learn about making purchases and running a business.
What are the best ice-cream truck toys to buy?
Top ice-cream truck toy
What you need to know: This LEGO ice-cream truck is recommended for ages 5 and over, this 200-piece set lets kids challenge their minds while they build, then use their imaginations while they play.
What you’ll love: Kids can build the truck, then use the ice-cream lady, skateboarder and dog figurines to act out scenes. The mini-figure can even pay for his ice cream with a play-money LEGO brick. With plenty of treat accessories like cones and popsicles, this set makes the perfect addition to an ice-cream truck fan’s collection.
What you should consider: Some people said the ice-cream truck didn’t stay together after it was assembled.
Where to buy: Sold by Amazon and Kohl’s
Top ice-cream truck toy for the money
What you need to know: This well-made Barbie ice-cream truck for ages 3-plus features all of the best aspects of pretend play you expect from the Barbie brand.
What you’ll love: Kids can pretend they are selling and buying all sorts of ice-cream treats with the full-size accessories. The set comes with three ice-cream scoops, two cones, three popsicles, pretend whipped cream with a cherry, a play chocolate-syrup bottle, a sprinkle shaker that really shakes, two cups, two spoons, a working scooper and a cash register with a play credit card and money. The scoops are made with squishy, squeezable material for even more fun. The truck has plenty of room for storage.
What you should consider: The accessories are actual size, not accessories for Barbie dolls.
Where to buy: Sold by Amazon
Worth checking out
Play-Doh Ice Cream Truck Playset
What you need to know: Kids ages 3 and older can imagine opening their own ice-cream truck with this playset that allows for over 250 possible combinations of ice cream sandwiches, cones and sundaes with pretend toppings.
What you’ll love: This set includes five 2-ounce cans of Play-Doh in vibrant pink, white, orange, blue and green to create beautiful variety in your pretend ice cream. With 20 tools including rollers, decorating tools, cake molds, stampers, cutters and a play knife, kids can make all sorts of “treats.” Kids can serve their creations with the included dishes, cones, spoons, plates and a serving tool through the truck’s window.. You can store all of the pieces in the playset and fold it up for compact storage and on-the-go fun.
What you should consider: Some people said that the tools did not stay in place when stored.
Where to buy: Sold by Amazon
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Lorianne Palinkas writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
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https://cw33.com/reviews/br/toys-games-br/pretend-play-br/best-ice-cream-truck-toy/
| 2022-06-08T02:47:08Z
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Services for Justin Chad McCollister, 42, of Kingsland, were held Thursday at Highland Lakes United Methodist Church.
Mr. McCollister died Saturday, June 24, at a hospital.
He was born May 28, 1980, to the Rev. Leonard Thomas McCollister and Pamela Rose Ammons McCollister in Brownfield. He graduated from Liberty Hill High School and attended Angelo State College. He served as the music minister for Great Creek Baptist Church and also served as a youth minister and senior pastor at a church in Liberty Hill.
Survivors include his mother; a son, Enik Chad McCollister; a daughter, Olivia Gruene McCollister; and a brother, Jerrod McCollister of Cedar Park.
In lieu of flowers, memorials may be made to Sharon McCollister, 1815 Continental Pass, Cedar Park, TX 78613.
Young’s Daughters Funeral Home & Bereavement Center in Temple is in charge of arrangements.
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https://www.tdtnews.com/obituaries/article_e61fd4b0-f8c9-11ec-a119-dfb9f008d58f.html
| 2022-07-01T08:24:36Z
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PHILADELPHIA, May 4, 2022 /PRNewswire/ --
FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, has filed a patent infringement lawsuit against Aceto US, LLC ("Aceto"). The complaint, filed in the United States District Court for the District of Delaware, alleges Aceto is infringing on FMC patents relating to chlorantraniliprole, FMC's leading insecticide ingredient branded as Rynaxypyr® active.
The complaint alleges Aceto received shipments of chlorantraniliprole from suppliers in India and China in violation of FMC's patent rights. FMC is requesting damages and injunctive relief restraining Aceto from infringing FMC patents relating to chlorantraniliprole.
"FMC has received numerous patents around the world that protect compositions and processes relating to chlorantraniliprole and its production," said Michael Reilly, executive vice president, general counsel and secretary of FMC. "We will continue to protect our investment in researching, developing and commercializing chlorantraniliprole by vigorously enforcing our intellectual property rights in the United States and worldwide."
FMC is committed to bringing farmers the latest and most innovative crop protection solutions. FMC's commitment is evidenced by the continued investment in the research, development and commercialization of chlorantraniliprole, a proprietary, breakthrough technology designed to control a wide variety of destructive insects that can destroy a farmer's crops and dramatically lower food production. The company maintains an extensive patent estate for its proprietary chlorantraniliprole technology, including patents that cover active ingredient composition of matter, manufacturing processes, intermediate chemicals, formulations and other areas protected by intellectual property laws in the U.S., China, India, and other important agricultural markets throughout the world. FMC markets its products that contain chlorantraniliprole under several brand names around the world, including Rynaxypyr® active, Altacor®, Coragen®, Elevest®, Prevathon® and Vantacor® insect control products.
"Our intellectual property rights enable FMC to drive innovation and long-term investment in the crop protection market," said Ronaldo Pereira, executive vice president and president of FMC Americas. "As a leading agricultural sciences company, FMC is committed to developing novel, high-quality crop protection solutions that address our customers' evolving needs today and in the future."
About FMC
FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers, crop advisers and turf and pest management professionals to address their toughest challenges economically while protecting the environment. With approximately 6,400 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn® and Twitter®.
Rynaxypyr, Altacor, Coragen, Elevest, Prevathon and Vantacor are trademarks of FMC Corporation or an affiliate. Always read and follow all label directions, restrictions and precautions for use. Products listed may not be registered for sale or use in all states, countries or jurisdictions.
Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within FMC's 2021 Form 10-K filed with the SEC as well as other SEC filings and public communications. FMC cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. FMC undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.
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https://www.wibw.com/prnewswire/2022/05/04/fmc-corporation-files-patent-infringement-lawsuit-us-against-aceto-us-llc/
| 2022-05-04T22:27:27Z
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Starbucks asks labor board to halt union votes temporarily
(AP) – Starbucks on Monday asked the National Labor Relations Board to temporarily suspend all union elections at its U.S. stores, citing allegations from a board employee that regional NLRB officials improperly coordinated with union organizers.
In a letter to the board chairman, Starbucks said the unnamed career NLRB employee informed the company about the activity, which happened in the board’s St. Louis office in the spring while it was overseeing a union election at a Starbucks store in Overland Park, Kansas.
The store is one of 314 U.S. Starbucks locations where workers have petitioned the NLRB to hold union elections since late last year. More than 220 of those Starbucks stores have voted to unionize. The company opposes the unionization effort.
The Seattle coffee giant alleges that St. Louis labor board officials made special arrangements for pro-union workers to vote in person at its office when they did not receive mail-in ballots, even though Starbucks and the union had agreed that store elections would be handled by mail-in ballot.
In its letter, Starbucks referred to memos the regional office sent confirming that workers were allowed to come to the office and vote in person after the union told the regional office that some workers had not received ballots in the mail. The memos, citing “board protocol,” said the workers voted alone in an empty office, according to Starbucks.
“Because observers were not present, no one can be sure who appeared to vote, whether NLRB personnel had inappropriate communications with the voters, told them how to vote, showed them how to vote or engaged in other undisclosed conduct,” Starbucks wrote in its letter.
Starbucks said regional board officials also disclosed confidential information to the union, including which workers’ ballots had arrived in the mail to be counted.
Starbucks Workers United, the group seeking to unionize U.S. Starbucks stores, accused the company of trying to “distract attention away from their unprecedented anti-union campaign, including firing over 75 union leaders across the country, while simultaneously trying to halt all union elections.”
“Workers have spoken loud and clear by winning 82 percent of union elections,” the group said in a statement. “Ultimately, this is Starbucks’ latest attempt to manipulate the legal process for their own means and prevent workers from exercising their fundamental right to organize.”
A spokesperson for the NLRB said Monday that the agency doesn’t comment on open cases.
Press secretary Kayla Blado said the NLRB will “carefully and objectively” consider any challenges that Starbucks raises through “established channels.” Starbucks can also seek expedited review in the case, Blado said.
Workers at the Overland Park store petitioned the NLRB to hold a vote in February. In April, workers voted 6-1 to unionize, but seven additional ballots were the subject of challenges from Starbucks or the union. A hearing on those challenges is scheduled for Tuesday; Starbucks has asked for that hearing to be delayed.
Starbucks said there is evidence of misconduct in other regions as well. The company wants the NLRB to thoroughly investigate other Starbucks union elections and make public a report on its findings. The company said the board should also implement safeguards to prevent regional officials from coordinating with one party or another.
Starbucks also asked the NLRB to issue an order requiring all pending and future elections to be conducted in person with observers from both sides.
“If the NLRB does not respond by investigating and remedying these types of actions, we do not see how the board can represent itself as a neutral agency,” the company said in the letter.
Starbucks has long opposed unionization, dating back to CEO Howard Schultz’s acquisition of the company in the late 1980s. The current unionization effort has been riddled with accusations and lawsuits on both sides.
Starbucks Workers United has filed 284 unfair labor practice charges with the NLRB against Starbucks or one of its operators, according to the labor board. Starbucks has filed two charges against Workers United.
Earlier this month, the labor board dismissed one of the charges filed by Starbucks, saying the company failed to prove that pro-union workers blocked store entrances or intimidated customers during a spring rally.
In June, the NLRB asked a federal court in western New York to order Starbucks to stop interfering with unionization efforts at its U.S. stores. It also asked the court to order Starbucks to reinstate seven Buffalo employees it says were unlawfully fired for trying to form a union. That case is pending.
But the NLRB’s actions against Starbucks haven’t always been successful. In June, a federal judge in Phoenix ruled that Starbucks didn’t have to rehire three workers who claimed that the company had retaliated against them for organizing a union.
Starbucks isn’t the only large company facing a unionization effort that has attacked the voting process.
Amazon has also levied accusations of improper conduct against the NLRB’s regional office in Brooklyn in its attempt to re-do a historic labor win at a warehouse on Staten Island, New York. Among other allegations, Amazon said the agency tainted the voting process by seeking reinstatement of a fired Amazon worker in the weeks leading up to the March election.
Attorneys representing the e-commerce juggernaut argued their case in an agency hearing during the summer. Attorneys for the agency have pushed back. A regional director for an NLRB office in Phoenix is expected to issue a ruling on that case in the coming weeks.
___
Associated Press Business Writer Haleluya Hadero in New York contributed to this report.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/08/15/starbucks-asks-labor-board-halt-union-votes-temporarily/
| 2022-08-15T17:41:24Z
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LANSING, Mich., April 18, 2022 /PRNewswire/ -- United Heartland, a division of AF Group and a leading provider of specialized workers' compensation solutions, is proud to recognize AssuredPartners Lake Mary as its 2021 Agency of the Year.
"AssuredPartners Lake Mary is an outstanding partner," said Steve Cooper, president of AF Group's Workers' Compensation Division. "The dedication of the AssuredPartners team to providing exceptional service to our mutual customers has resulted in significant growth and retention for United Heartland, making the agency a very worthy recipient of our Agency of the Year award. We look forward to our continued partnership in the years to come."
"United Heartland has been a trusted partner to AP since day one," said Brian Lindahl, executive vice president of AssuredPartners Lake Mary. "Their creative underwriting approach, consistently high level of service and talented staff of insurance professionals ensures that our mutual clients will be well cared for throughout the year. It's important to us to know that our clients are in the best possible hands, and that is always the case with United Heartland."
About AssuredPartners Lake Mary
Headquartered in Lake Mary, Florida, AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGUs) across the U.S. and London. From its founding in March of 2011, AssuredPartners has grown to over $600 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the U.S. with over 125 offices in 30 states, Canada and London.
About United Heartland
United Heartland is a leading regional workers' compensation carrier with a high-touch service model and broad experience that allows us to be nimble and responsive to effectively manage large accounts with complex needs. United Heartland is the marketing name for United Wisconsin Insurance Company, a division of AF Group. All policies are underwritten by a licensed insurer subsidiary. For more information, visit afgroup.com. © AF Group.
Contact:
Shannon Scholten
(517) 708-5625
shannon.scholten@afgroup.com
AFGroup.com
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https://www.kxii.com/prnewswire/2022/04/18/united-heartland-names-assuredpartners-lake-mary-agency-year/
| 2022-04-18T18:51:07Z
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First-in-class Phase 1 data presented at ESMO for ubamatamab (REGN4018; MUC16xCD3) in recurrent ovarian cancer and REGN5093 (METxMET) in MET-altered advanced non-small cell lung cancer
TARRYTOWN, N.Y., Sept. 10, 2022 /PRNewswire/ -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced positive early data for two novel and investigational bispecific antibodies – ubamatamab (REGN4018; MUC16xCD3) in recurrent ovarian cancer and REGN5093 (METxMET) in MET-altered advanced non-small cell lung cancer (NSCLC). The initial safety and efficacy results are from the dose-escalation portions of two Phase 1/2 trials and are being presented at the European Society for Medical Oncology (ESMO) Congress 2022 in Paris.
"Bispecific antibodies are an important component of our oncology pipeline because of their flexibility to potentially address a variety of cancers," said Israel Lowy, M.D., Ph.D., Senior Vice President, Translational and Clinical Sciences, Oncology at Regeneron. "At ESMO, we're showcasing this flexibility with ubamatamab and REGN5093, two novel bispecific antibodies that are initially being investigated as monotherapies for recurrent ovarian cancer and MET-altered advanced lung cancer, respectively. They were among the first in our pipeline to progress into clinical trials for solid tumors, and we're encouraged to see both showing anti-tumor activity in dose escalation. These first-in-class results give us confidence in our VelociBi® bispecific development platform, and we look forward to investigating ubamatamab and REGN5093 further."
As shared in a mini-oral at ESMO, ubamatamab is a CD3-targeting bispecific under investigation for recurrent ovarian cancer and designed to bridge MUC16 on cancer cells with CD3-expressing T cells to facilitate local T-cell activation. Dose-escalation results were presented for 78 patients with recurrent ovarian cancer who had received a median of 4.5 prior treatments, including platinum-based chemotherapy and a median duration of exposure to ubamatamab was 12 weeks (range: <1 to 145 weeks).Within 42 patients who received ≥1 full doses of ≥20 mg ubamatamab, a 14% (6 of 42 patients) overall response rate (ORR) was achieved across dose levels. The ORR increased to 21% (6 of 29 patients) in those without visceral metastases (exploratory subset) and 31% (4 of 13 patients) in those with high MUC16-expressing tumors (preliminary exploratory subset). Across dose levels, the disease control rate was 57% (24 of 42 patients), and the median duration of response was 12 months per Kaplan-Meier estimates (range: 4 to ≥24 months).
Safety was assessed in 78 ubamatamab-treated patients, with the most common adverse events (AEs) in ≥15% being cytokine release syndrome (74%, all ≤grade 2), pain (87%) and anemia (51%). AEs that were ≥grade 3 occurred in 65% of patients with those in >5% including anemia (24%), pain (23%) and neutropenia (8%). There was one instance of a dose-limiting toxicity (neutropenia) and three deaths due to AEs, none of which were considered related to treatment by sponsor assessment. Based on these efficacy and safety data, the Phase 2 portion of the trial is enrolling patients with platinum-resistant ovarian cancer to further investigate ubamatamab as a monotherapy and in combination with Regeneron's PD-1 inhibitor Libtayo® (cemiplimab).
Preliminary first-in-human results for REGN5093 were also published in an ESMO scientific abstract, with updated data and additional response rates to be detailed in a poster session on Monday, September 12. REGN5093 is a tumor-targeting bispecific designed to bind to the MET receptor in two places and trigger rapid internalization of this complex into cancer cells to degrade the MET receptor and block its ability to support cell proliferation. As highlighted in the abstract, among 36 patients with MET-altered advanced NSCLC who received the highest dose tested to date, 6 experienced a partial response with 5 of these responses occurring in patients who had received prior anti-PD-1 treatment. Total exposure to treatment was approximately 467 patient-weeks.
AEs that were ≥grade 3 occurred in 25% (n=11) of REGN5093-treated patients, with pneumonia and pulmonary embolism each occurring in 2 patients. One patient discontinued treatment due to increased alanine aminotransferase and aspartate aminotransferase. No dose-limiting toxicities or treatment-related deaths have been observed as of data cutoff. These early efficacy and safety data support further dose expansions, and a separate Phase 1/2 trial is ongoing to investigate an antibody-drug conjugate format of REGN5093 (REGN5093-M114).
The potential uses of ubamatamab, Libtayo, REGN5093 and REGN5093-M114 described above are investigational, and their safety and efficacy have not been evaluated by any regulatory authority.
About Regeneron in Oncology
At Regeneron, we're applying more than three decades of scientific innovation with the goal of developing paradigm-changing therapies for patients with cancer. Our oncology portfolio is built around two foundational approaches – our approved PD-1 inhibitor Libtayo and investigational bispecific antibodies – which are being evaluated both as monotherapies and in combination with emerging therapeutic modalities. Together, they provide us with unique combinatorial flexibility to develop potentially synergistic treatments for a wide range of solid tumors and blood cancers.
If you are interested in learning more about our clinical trials, please contact us (clinicaltrials@regeneron.com or 844-734-6643) or visit our clinical trials website.
About Regeneron's VelocImmune® Technology
Regeneron's VelocImmune technology utilizes a proprietary genetically engineered mouse platform endowed with a genetically humanized immune system to produce optimized fully human antibodies. When Regeneron's co-Founder, President and Chief Scientific Officer George D. Yancopoulos was a graduate student with his mentor Frederick W. Alt in 1985, they were the first to envision making such a genetically humanized mouse, and Regeneron has spent decades inventing and developing VelocImmune and related VelociSuite® technologies. Dr. Yancopoulos and his team have used VelocImmune technology to create approximately one in five of all original, FDA-approved or authorized fully human monoclonal antibodies. This includes REGEN-COV® (casirivimab and imdevimab), Dupixent® (dupilumab), Libtayo® (cemiplimab-rwlc), Praluent® (alirocumab), Kevzara® (sarilumab), Evkeeza® (evinacumab-dgnb) and Inmazeb™ (atoltivimab, maftivimab and odesivimab-ebgn).
About Regeneron
Regeneron (NASDAQ: REGN) is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led for nearly 35 years by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to numerous FDA-approved treatments and product candidates in development, almost all of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, pain, hematologic conditions, infectious diseases and rare diseases.
Regeneron is accelerating and improving the traditional drug development process through our proprietary VelociSuite® technologies, such as VelocImmune®, which uses unique genetically humanized mice to produce optimized fully human antibodies and bispecific antibodies, and through ambitious research initiatives such as the Regeneron Genetics Center, which is conducting one of the largest genetics sequencing efforts in the world.
For additional information about the company, please visit www.regeneron.com or follow @Regeneron on Twitter.
Regeneron Forward-Looking Statements and Use of Digital Media
This press release includes forward-looking statements that involve risks and uncertainties relating to future events and the future performance of Regeneron Pharmaceuticals, Inc. ("Regeneron" or the "Company"), and actual events or results may differ materially from these forward-looking statements. Words such as "anticipate," "expect," "intend," "plan," "believe," "seek," "estimate," variations of such words, and similar expressions are intended to identify such forward-looking statements, although not all forward-looking statements contain these identifying words. These statements concern, and these risks and uncertainties include, among others, the impact of SARS-CoV-2 (the virus that has caused the COVID-19 pandemic) on Regeneron's business and its employees, collaborators, and suppliers and other third parties on which Regeneron relies, Regeneron's and its collaborators' ability to continue to conduct research and clinical programs, Regeneron's ability to manage its supply chain, net product sales of products marketed or otherwise commercialized by Regeneron and/or its collaborators or licensees (collectively, "Regeneron's Products"), and the global economy; the nature, timing, and possible success and therapeutic applications of Regeneron's Products and product candidates being developed by Regeneron and/or its collaborators or licensees (collectively, "Regeneron's Product Candidates") and research and clinical programs now underway or planned, including without limitation ubamatamab (a MUC16xCD3 bispecific antibody), REGN5093 (a METxMET bispecific antibody), and Regeneron's other investigational bispecific antibodies discussed or referenced in this press release (as monotherapy or in combination with Libtayo® (cemiplimab), as applicable); uncertainty of the utilization, market acceptance, and commercial success of Regeneron's Products and Regeneron's Product Candidates and the impact of studies (whether conducted by Regeneron or others and whether mandated or voluntary), including the studies discussed or referenced in this press release, on any of the foregoing or any potential regulatory approval of Regeneron's Products and Regeneron's Product Candidates; the likelihood, timing, and scope of possible regulatory approval and commercial launch of Regeneron's Product Candidates and new indications for Regeneron's Products, such as ubamatamab for the treatment of recurrent ovarian cancer and REGN5093 for the treatment of MET-altered advanced non-small cell lung cancer; safety issues resulting from the administration of Regeneron's Products (such as Libtayo) and Regeneron's Product Candidates (such as ubamatamab, REGN5093, and Regeneron's other investigational bispecific antibodies discussed or referenced in this press release) in patients, including serious complications or side effects in connection with the use of Regeneron's Products and Regeneron's Product Candidates in clinical trials; determinations by regulatory and administrative governmental authorities which may delay or restrict Regeneron's ability to continue to develop or commercialize Regeneron's Products and Regeneron's Product Candidates; ongoing regulatory obligations and oversight impacting Regeneron's Products, research and clinical programs, and business, including those relating to patient privacy; the availability and extent of reimbursement of Regeneron's Products (such as Libtayo) from third-party payers, including private payer healthcare and insurance programs, health maintenance organizations, pharmacy benefit management companies, and government programs such as Medicare and Medicaid; coverage and reimbursement determinations by such payers and new policies and procedures adopted by such payers; competing drugs and product candidates that may be superior to, or more cost effective than, Regeneron's Products and Regeneron's Product Candidates; the extent to which the results from the research and development programs conducted by Regeneron and/or its collaborators or licensees (including those discussed or referenced in this press release) may be replicated in other studies and/or lead to advancement of product candidates to clinical trials or therapeutic applications; the ability of Regeneron to manufacture and manage supply chains for multiple products and product candidates; the ability of Regeneron's collaborators, licensees, suppliers, or other third parties (as applicable) to perform manufacturing, filling, finishing, packaging, labeling, distribution, and other steps related to Regeneron's Products and Regeneron's Product Candidates; unanticipated expenses; the costs of developing, producing, and selling products; the ability of Regeneron to meet any of its financial projections or guidance and changes to the assumptions underlying those projections or guidance; the potential for any license or collaboration agreement, including Regeneron's agreements with Sanofi, Bayer, and Teva Pharmaceutical Industries Ltd. (or their respective affiliated companies, as applicable), to be cancelled or terminated; and risks associated with intellectual property of other parties and pending or future litigation relating thereto (including without limitation the patent litigation and other related proceedings relating to EYLEA® (aflibercept) Injection, Dupixent® (dupilumab), and Praluent® (alirocumab)), other litigation and other proceedings and government investigations relating to the Company and/or its operations, the ultimate outcome of any such proceedings and investigations, and the impact any of the foregoing may have on Regeneron's business, prospects, operating results, and financial condition. A more complete description of these and other material risks can be found in Regeneron's filings with the U.S. Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2021 and its Form 10-Q for the quarterly period ended June 30, 2022. Any forward-looking statements are made based on management's current beliefs and judgment, and the reader is cautioned not to rely on any forward-looking statements made by Regeneron. Regeneron does not undertake any obligation to update (publicly or otherwise) any forward-looking statement, including without limitation any financial projection or guidance, whether as a result of new information, future events, or otherwise.
Regeneron uses its media and investor relations website and social media outlets to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Regeneron is routinely posted and is accessible on Regeneron's media and investor relations website (http://newsroom.regeneron.com) and its Twitter feed (http://twitter.com/regeneron).
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https://www.wibw.com/prnewswire/2022/09/10/novel-regeneron-bispecific-antibodies-show-encouraging-anti-tumor-activity-two-advanced-solid-tumors/
| 2022-09-10T07:22:24Z
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BALDWIN PARK, Calif., May 13, 2022 /PRNewswire/ -- Southern California cord blood regenerative therapeutics company StemCyte has renewed their agreement with the California Umbilical Cord Blood Collection Program (CA-UCBCP). StemCyte, in close partnership with the collection program administrators at UC Davis Health, has increased collections at Southern California hospitals by adding evening shifts at current sites to extend the hours for cord blood collections.
Prioritizing areas with high ethnic diversity may ensure better genetic matches for transplant recipients in underrepresented communities. To that end, StemCyte has successfully banked thousands of cord blood units from Latino, Asian and African American communities. Since 2013, 83% of transplant units through the CA-UCBCP have been provided by StemCyte. The renewed contract increases funding to support collection goals to expand public access at designated hospital locations. The goal is to add even more diverse cord blood units to the National Registry so that people of any race or ethnicity can find an appropriately matched cord blood unit.
"We are pleased to be able to offer expectant moms and their families the opportunity to donate their baby's cord blood to help save a life," said StemCyte CEO Tong-Young Lee, Ph.D. "This renewed partnership with the CA-UCBCP strengthens cord blood collections so we can continue our mission to advance racial diversity in cord blood donations and help families face and fight life-threatening health conditions."
Since the first successful use of umbilical cord blood to treat a Fanconi Anemia patient in 1988, there have been more than 40,000 successful umbilical cord blood transplants worldwide for the treatment of diseases of the hematopoietic and immune systems as well as inborn metabolic diseases. In the past 20 years, StemCyte has provided more than 2,200 cord blood units for transplantation to 1 in 20 patients worldwide who receive umbilical cord blood transplants. StemCyte's products consistently meet the quality standards of international accrediting bodies and are recognized and trusted as safe and effective by at least 350 transplant centers around the world.
In January 2022, StemCyte submitted its Biologics License Application for HPC, Cord Blood to FDA for quality review. HPC, Cord Blood is an umbilical cord blood hematopoietic stem cell product intended for unrelated donor hematopoietic progenitor cell transplantation procedures in conjunction with an appropriate preparative regimen for hematopoietic and immunologic reconstitution in patients with disorders affecting the hematopoietic system.
StemCyte is a regenerative cell therapy company that is developing cell therapy pipeline products as well as providing both public and private umbilical cord blood banking services. In addition to the U.S. FDA approved Phase II multi-national and multi-center human clinical trial for its investigational spinal cord injury treatment, the cell therapy product lines also include several other human clinical trials in progress outside the U.S. for treatment of acute ischemic stroke, chronic stroke, and cerebral palsy. StemCyte considers umbilical cord blood banking its core competence, while actively pursuing new regenerative cell therapy indications.
For families interested in learning their options for cord blood banking, please visit stemcyte.com.
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https://www.wibw.com/prnewswire/2022/05/13/stemcyte-renews-contract-with-california-umbilical-cord-blood-collection-program/
| 2022-05-13T13:38:34Z
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Morgan Collins, company veteran, is named Chief Customer Officer, focusing on ongoing efforts to enhance customer experience for Progress's more than 200,000 residents
SCOTTSDALE, Ariz., July 12, 2022 /PRNewswire/ -- Progress Residential, the leading single-family rental management services platform in the United States, today announced Morgan Collins as the first Chief Customer Officer for Progress Residential, which also represents the first executive leadership position of its kind in the single-family rental industry. Collins' new title is effective immediately.
Collins will work alongside other members of Progress Residential's executive leadership team to advance the company's resident-centric strategies, with an eye toward continuously improving the consumer experience. Collins will help drive the strategic evolution of this work and the company's customer experience roadmap.
The creation of a Chief Customer Officer role is another step in a series of industry-leading moves that Progress Residential has made over the past two years to invest in people, processes and technology to advance its resident-focused initiatives, showing the organization's commitment to creating a best-in-class resident experience.
In May, Progress Residential named business veteran and customer experience expert Adolfo Villagomez as CEO. Villagomez's background includes building digital transformation and consumer-focused strategies for some of the largest and well-known organizations in the country.
"Progress Residential is committed to putting our residents at the heart of everything we do, and we are thrilled to further amplify our commitment to our residents by naming Morgan Collins Chief Customer Officer," Villagomez said. "Ultimately, every employee of Progress Residential has a critical role to play in taking care of the residents we serve. Together, we will continue to set and raise the standard of the resident experience in our industry."
"I am honored to serve in this capacity and will continue to champion Progress Residential's commitment to improving the customer experience," said Collins. "I look forward to working closely with my peers on the executive leadership team and our outstanding employees at Progress to identify and implement strategies that will make a positive impact on the communities we serve and the families who call a Progress house their home."
Progress Residential continues to advance work to enhance their resident experience, including:
- Partnering with Esusu, the leading financial technology platform leveraging data to empower renters, to provide Progress residents access to financial tools, like positive rent reporting, that can improve financial wellness and lead to wealth creation
- Developing new digital tools and technology to enhance the end-to-end customer experience
- Investing in best-in-class consumer insight tools to gain deeper understanding of the wants and needs of its residents and identify opportunities to develop strategic programs and initiatives to enhance the resident experience
Progress Residential, Pretium's single-family rental platform, is a market leader in intelligent single-family rental management services, with people, technology, scale, and data-driven solutions that streamline operations, optimize asset performance, and provide an exceptional renting and living experience for our residents. Progress Residential's approximately 2,500 employees currently manage more than 80,000 homes across 30 markets. Progress Residential also offers third-party property management service for investors with mid-to-large single-family rental home portfolios and Built for Rent communities through its Progress Residential Management Services. For more information, please visit www.rentprogress.com.
Media Contact:
Nikki Sloup
Vice President Communications and PR
press@progressresidential.com
Susan Klau
SKlau@apcoworldwide.com
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https://www.kxii.com/prnewswire/2022/07/12/progress-residential-announces-first-chief-customer-officer/
| 2022-07-12T14:18:09Z
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Two-vehicle crash snarls traffic late Wednesday morning in southwest Topeka
TOPEKA, Kan. (WIBW) - A car-pickup truck collision slowed traffic late Wednesday morning near a busy southwest Topeka intersection.
Emergency crews responded to a report of a possible injury crash around 10:32 a.m. Wednesday just west of S.W. 29th and Fairlawn.
No serious injuries were reported after a dark-blue, four-door Cadillac car and a white Chevrolet Silverado pickup truck collided on S.W. 29th Street near the on-ramp to westbound Interstate 470.
In addition to Topeka police, American Medical Response ambulance crews were on the scene.
Police at the scene said no one required ambulance transportation to the hospital.
Westbound traffic was allowed to proceed through the left through-lane of S.W. 29th as crews responded to the crash.
Eastbound traffic on S.W. 29th wasn’t affected by the collision.
Wreckers were called to the scene to move the vehicles.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/05/25/emergency-responders-scene-crash-southwest-topeka/
| 2022-05-25T16:47:37Z
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Travelers can celebrate with $39* introductory fares
RENO, NEV., June 30, 2022 /PRNewswire/ -- aha!, powered by veteran ExpressJet Airlines, announced today that it will begin nonstop service between Reno and Boise, Idaho on August 31, 2022 – bridging Idaho's City of Trees and the Biggest Little City with one convenient, nonstop route.
"This has been the number one route that air passengers have requested since we launched aha! last October," said Tim Sieber, head of ExpressJet's aha! business unit. "We are thrilled to add Boise to our growing list of markets served with convenient, nonstop flights to all the excitement and fun that the Reno Tahoe region has to offer."
aha! will fly to the Boise Airport (BOI) three times a week with 50-seat Embraer ERJ145 regional jets. The addition of Boise comes after the recently announced Idaho Falls route, which begins August 11, and will bring the number of cities served by nonstop flights from aha!'s home base at Reno-Tahoe International Airport to 11.
"We are so pleased to welcome aha! to Boise," said Rebecca Hupp, Director of the Boise Airport. "Nonstop service to Reno is a route our community really wanted and we're thrilled that aha! is entering the market to answer that call."
Travelers can replace a six-hour drive or painful layover with a quick 80-minute nonstop flight, leaving more time for adventures and relaxation. Flights will operate each Monday, Wednesday and Friday departing Reno-Tahoe International Airport at 5:25 p.m. PT arriving at Boise Airport at 7:45 p.m. MT. Return flights will depart Boise at 8:30 p.m. MT and arrive in Reno-Tahoe at 8:50 p.m. PT.
"Connecting Boise and the greater Treasure Valley to the Reno Tahoe area will have such a positive impact for our region" said Boise Mayor Lauren McLean. "Whether it means an easier trip to support our team at a Mountain West game, a quick flight for business travelers, or easy access to friends and family in the Reno area—I'm confident the nonstop service to Reno matches the needs of our community."
aha! is celebrating the launch of Boise with introductory fares of $39 each way*. These special one-way fares must be booked by August 15 and travel completed by October 31. Seats are limited and other restrictions apply.
Book at www.flyaha.com or through the aha! contact center at 775-439-0888.
aha! is a leisure brand of ExpressJet Airlines. aha! seeks to provide travelers in smaller communities, many who have seen air service reduced over the past decade through airline mergers, with convenient, short, nonstop flights to high-quality destinations like the Reno-Lake Tahoe region. In addition to offering value-priced, nonstop flights, aha! is partnering with area resorts, casinos and attractions to offer value-priced, "bundled" vacation packages. www.flyaha.com
ExpressJet Airlines operates Embraer ERJ145 regional jet aircraft and has more than 40 years of regional airline experience. ExpressJet, including its leisure brand aha!, is focused on providing travelers in smaller communities with convenient, short, nonstop flights. The company's services also include specialty charter flights among its growing route network. ExpressJet is owned by KAir Enterprises and its affiliates. www.expressjet.com
$39* airfare price is each way between Boise, ID and Reno, NV. Book by August 15, 2022, 11:59 PM Pacific Time for travel August 31 – October 31, 2022. Airfare price includes all taxes and airport fees. Not valid for travel September 2-5. Offer based on availability and advance purchase. No promo code required to book. Normal charges apply for options such as checked bags, pre-boarding or seat assignments. Not valid on previously purchased itineraries and not combinable with any other offers. Management reserves all rights including cancellation or modification of this promotion without prior notice.
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https://www.wibw.com/prnewswire/2022/06/30/aha-announces-nonstop-flights-boise-reno-tahoe/
| 2022-06-30T17:04:09Z
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NORTH OLMSTED, Ohio, Aug. 23, 2022 /PRNewswire/ -- CommutAir leadership and ALPA are excited to announce sweeping increases to our shared pilot compensation program. Incoming first officers will now start at $72.00/hr and Captains will start at $100.00/hr. Additionally, new sign-on & retention bonuses are now available up to a total of $25,000 for First Officers and $50,000 for Captain qualified pilots. The opportunities offered by these updates will enable sustained growth for all of our employees. CommutAir pilots will now receive enhanced levels of scheduling, commuting expenses, health insurance, vacation, sick leave and 401k benefits that are among the best in the industry:
Compensation benefits of the agreement include:
- Increase in starting First Officer wages - $72/hr
- Increase in starting Captain wages - $100/hr
- Pilot sign-on bonuses and incentives - $25,000 for First Officers and $50,000 for Captain Qualified pilots
- Significant increase to pay override for instructors (Ground, SIM, Line Check Pilots, and Designated Examiners)
- Annual retention bonuses totaling $25,000 for First Officers and $50,000 for Captains for full contract duration
- New Minimum Monthly duty period Guarantee - 76 hours
- Full Compensation for Experience - Longevity credit of 1:1 up to 20 yrs for new hires with prior FAR 121 industry experience
- Increased Commuter hotel allotment for reserve pilots
- Industry leading Commuter travel program including flights from home to base
- Direct flow to United Airlines through the Aviate Program
Click here for more detailed information
CEO Rick Hoefling commented, "We are excited about the opportunities this will provide CommutAir and is one more step towards securing our long-term success in the regional airline industry"
CommutAir is a regional airline operating flights on behalf of United Airlines as a United Express partner. With a fleet of over 70 active Embraer 145 aircraft, CommutAir operates up to 1,500 weekly flights - connecting people and communities to the world via United's global network. Headquartered in Cleveland: CommutAir has major hubs in Denver, Houston, and Washington Dulles, with maintenance bases in Houston, Albany, New York and Lincoln, Nebraska. Founded in 1989, CommutAir is 40% owned by United Airlines, Inc. www.flycommutair.com
Contact:
Laura Prince
VP Human Resources
laura.prince@commutair.com
440-652-2180
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https://www.wibw.com/prnewswire/2022/08/23/commutair-pilots-sign-new-letter-agreement-their-long-term-contract/
| 2022-08-23T15:10:00Z
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LONDON (AP) — It was the most striking moment so far in the U.K. Conservative Party’s contest for a new leader. The five remaining candidates were asked during a televised debate to raise their hands if they would let Boris Johnson serve in their Cabinet. Not a single hand went up.
The contenders to replace Johnson are scrambling to distance themselves from the scandal-tainted politician who has resigned as party leader but remains Britain’s prime minister for a few more weeks — despite the fact that most of them have served in his government over the past three years.
Johnson, meanwhile, has largely disappeared from the scene. He has not attended any government emergency meetings about a heat wave that is forecast to bring temperatures of 40 degrees Celsius (104 Fahrenheit) to Britain.
On Friday, Johnson visited a Royal Air Force base and took a ride in a Typhoon fighter jet, with “Top Gun”-style footage released by his office. He spent the weekend at Chequers, the country house that comes with the prime minister’s job, throwing a farewell barbecue for staff and friends.
Johnson returned to Parliament on Monday for one of his final times as prime minister for a largely symbolic vote of confidence called by the government — chiefly to give Johnson a chance to extol his own accomplishments.
To jeers from opposition lawmakers, Johnson said his “three dynamic and exhilarating years in the cockpit” had seen the British government “overcoming adversity on a scale we haven’t seen for centuries” in the shape of the coronavirus pandemic.
Labour Party leader Keir Starmer accused Johnson of being “a vengeful squatter” in 10 Downing St.
Steven Fielding, professor of political history at the University of Nottingham, likened Johnson to “a sulky teenager in the bedroom, just doing what he wants and shouting at the parents once in a while.”
Political and media attention has turned to his would-be successors, who are slinging dirt at one another as they try to convince Conservative Party members they can rebuild trust in politics and defeat the opposition Labour Party at the next election, due to be held by 2024.
The field of contenders shrank from five to four on Monday as Conservative lawmakers held another elimination ballots. Lawmaker Tom Tugendhat was ousted from the race after receiving the lowest number of votes.
Rishi Sunak, who served as Treasury chief under Johnson until he resigned earlier this month, remains the front-runner but is under attack by Conservative rivals for spending billions to keep U.K. workers and businesses afloat during the coronavirus pandemic, and raising taxes to help pay for it.
In a televised debate Sunday, Foreign Secretary Liz Truss accused Sunak of hiking taxes to the highest level in 70 years. Sunak argued the hikes were necessary to damp down soaring inflation, and accused Truss, who has promised immediate tax cuts, of peddling “something-for-nothing economics.”
Penny Mordaunt, a trade minister who has emerged as a strong challenger, has appealed in vain for an end to “mudslinging,” much of which has been directed at her. She has been accused by opponents of wanting to make it easier for people to change gender — a hot-button issue for some Conservatives — and of neglecting her government duties to prepare her leadership bid.
Conservative lawmakers will hold another elimination vote Tuesday to reduce the number of leadership candidates to three. Former Equalities Minister Kemi Badenoch, currently in fourth place, is the most likely evictee.
A vote Wednesday will produce two finalists who will then face a runoff by about 180,000 Conservative Party members across the country. The winner is to be announced Sept. 5 and will automatically become prime minister, without the need for a national election.
Fielding said that may prove problematic for the new leader, because he or she will be chosen by a Conservative membership — “primarily white, southern, very well-off” — with political priorities very different than the general electorate.
Johnson lead the Conservatives to a commanding parliamentary majority in 2019, but he has been plagued by scandals since then, including being accused of misleading Parliament about government parties that broke COVID-19 lockdown rules.
Johnson clung to power despite being fined by police over “partygate,” but finally quit on July 7 after one scandal too many — appointing a politician accused of sexual misconduct — drove his ministers to resign en masse.
Cabinet Office Minister Kit Malthouse, a long-time Johnson ally, argued that the party’s testy debate was healthy, and predicted Conservatives would reunite in a “spirit of harmony” after the leadership campaign.
But Tim Bale, professor of politics at Queen Mary University of London, said that was overly optimistic.
“The manner of Johnson’s departure unfortunately injected quite a lot of poison into the (party) bloodstream,” he said. “It will take time to work its way out.”
___
Follow all of AP’s coverage of British politics at https://apnews.com/hub/boris-johnson
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https://cw33.com/news/international/ap-international/wheres-boris-johnson-takes-back-seat-as-conservatives-feud/
| 2022-07-19T01:22:46Z
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HYDERABAD, India, June 27, 2022 /PRNewswire/ -- TAS United Director of Operations, Raj Dasari, talks about his late sister with pride. "She had a beautiful smile with everyone," said Dasari. "Strangers, family, friends, it didn't matter. She was going to greet you with a warm smile."
Blandina Dasari Sukumar was a registered nurse who worked her way up to a supervisor position, managing over 200 nurses in 2021. When the Delta variant swept through India, she felt compelled to go and help. As she attempted to save as many people as possible, she contracted the virus herself. Five days later, she was gone.
"We couldn't go to the funeral because of the restrictions in India," Dasari said. "I had to arrange her funeral through friends and family that I know there and watch it on Zoom. It was incredibly hard on me and my family here in the states."
One year later, as more vaccines were administered and cases dropped, Dasari was able to travel to India for a proper ceremony. To honor Blandina, he and other TAS United representatives gave away 1,500 meals to people in the poorer neighborhoods of Hyderabad. The city with a population of 40,000,000 has faced extreme poverty.
"The people in these areas have no resources for food and water. They were so happy and grateful to see us. They were telling us, 'Thank you so much.' One person told us he had not eaten in three days. It was heartbreaking."
TAS United has been heavily involved in serving its communities in the United States, regularly handing out meals to homeless neighbors at each of the company's locations in Texas and Puerto Rico. This was the first time a representative of the company provided a service to the needy outside of the country.
TAS United president, Kevin Ryan, says this is typical for Raj. "Raj has been extremely busy keeping our service levels up and our clients happy during the nationwide staffing crisis," said Ryan. "The fact that he was able to take time out to give back to those in need says everything you need to know about the type of person he is."
TAS United is a US-Based, bilingual call center and answering service headquartered in San Antonio, TX. The company has been processing calls for medical and commercial businesses since 1984. For more information on TAS United, visit www.tasunited.com.
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https://www.kxii.com/prnewswire/2022/06/27/tas-united-provides-meals-needy-india/
| 2022-06-27T22:15:32Z
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First release solves the urgent need to accurately detect drug-laced papers
CAMBRIDGE, Mass., Aug. 5, 2022 /PRNewswire/ -- RaySecur®, the leading provider of desktop T-ray security imaging scanners, has announced an expansion of its T-Suite Image Processing Platform for detecting papers laced with illicit drugs.
Correctional facilities are struggling to stem the flow of drugs into prisons and jails, particularly papers soaked with drugs and other harmful substances. When dried, the drug-laced papers can be undetectable to humans, making the papers an ideal substrate for smuggling. When paper is treated with drugs, it changes the way the paper interacts with the T-rays, which enables the MailSecur® scanner to detect the anomaly – without anyone having to open the mail.
Postal mail is a leading method of smuggling illicit drugs and contraband into correctional facilities. The influx has increased the exposure risk for mail screeners and correctional officers to harmful substances and resulted in a rise in inmate overdoses and deaths.
RaySecur recognized the urgency of the problem and worked in partnership with multiple state departments of corrections and private correctional facility management companies, leading to the development of exclusive imaging capabilities that specifically target drug-laced papers.
"We know first-hand the challenges that mail screening poses for correctional facilities. It's a manual process that requires a lot of resources, time, and staffing. Often, this process involves opening individual items, exposing correctional staff to potentially dangerous substances. Since drug-laced paper is invisible to the naked eye, it will continue to evade detection, and when staff handle the paper for tactile inspection it increases their risk of exposure. We see this latest detection capability as the first of a series of software and hardware platform solutions developed specifically for corrections to meet the challenge of the ever-changing methods of smugglers to evade detection," stated Will Plummer, CSO of RaySecur.
The enhanced imaging capability in the MailSecur scanner provides a simple, real-time visual indication that sheets of paper inside a sealed envelope have been treated with drugs, eliminating the need for extensive operator training. Untreated or normal paper displays a green image, while treated papers will present as yellow or red depending upon the saturation level. These new detection capabilities are in use now at select correctional partners. General availability of the laced paper T-Suite solution will be in Q4 2022, with other offerings to follow.
Mail screening with the MailSecur desktop scanner is simple: place the letter or parcel on the scanning bed, and it will instantly display a 4D video of the contents in real-time which will dynamically change as the operator manipulates the object on the scanning bed. MailSecur uses safe T-rays, or mmWaves, and is the first scanner of its kind to receive Department of Homeland Security (DHS) designation as a Qualified Anti-Terrorism Technology (QATT) under the DHS Safety Act.
Unlike X-ray imaging, which emit harmful radiation and require safety inspections and trained operators, MailSecur requires no special training and is 300X more sensitive than X-rays at detecting powders or liquids. In addition, MailSecur can detect all 9 types of dangerous substances identified by DHS, including chemical and biological substances, drugs, weapons, explosives, and even radiological threats among other forms of contraband. Each scanner can connect to an optional RaySecur private wireless network with direct, one-touch remote access to trained military Explosive Ordnance Disposal (EOD) professionals who assist MailSecur users with ongoing training and threat resolution.
Attendees of the American Correctional Association (ACA) 152 Congress of Correction in New Orleans, LA from August 4-7 can see the new functionality in action! Visit RaySecur in Booth # 413.
RaySecur® is revolutionizing security imaging with the world's first DHS Safety Act-designated millimeter wave scanners, remote analysis, and threat detection solutions. RaySecur's flagship, and award-winning, product, MailSecur®, is a desktop scanner used by leading Fortune 500 companies, heads of state, and government agencies to detect mail-borne threats. RaySecur and MailSecur are RaySecur, Inc. trademarks. For more information on RaySecur and MailSecur, visit www.RaySecur.com.
Contact:
Carolina Calkins
Carolina@intelligentrelations.com
202-221-2494
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https://www.wibw.com/prnewswire/2022/08/05/raysecur-expands-mailsecur-offering-address-unique-mail-screening-requirements-correctional-facilities/
| 2022-08-05T19:48:05Z
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RYE BROOK, N.Y. , May 23, 2022 /PRNewswire/ -- Belle Haven Investments, a boutique fixed income manager with $15 billion under management, announced that Matt Dalton, CEO & CIO, has deployed additional personal investments into the Transamerica Intermediate Muni Fund (TIMUX) and the Transamerica High Yield Muni Fund (THYIX). Matt Dalton is currently one of the Portfolio Managers for each Fund. Mr. Dalton added capital to both Funds in February 2022 as well.
"Rather than sitting on the sidelines given the recent market turbulence, now is good time to thoughtfully put some money to work and lock in yield," said Matt Dalton.
Matt Dalton has worked exclusively in the fixed income asset class since 1985. He joined Belle Haven Investments in 1996 and assumed his current position as CEO & CIO in 2002, utilizing his years of experience in the institutional muni market to launch and guide the firm in the direction of investment management. As the lead portfolio manager for all of Belle Haven's strategies, Matt has helped the Firm earn recognition and awards from Lipper and PSN Top Guns. Matt was named the top portfolio manager in the United States by Citywire for his management of the Transamerica Intermediate Muni mutual fund for the period of 9/30/2014 – 9/30/2019.
The Transamerica Intermediate Muni Fund is sub-advised by Belle Haven Investments and has over $2.3 Billion in AUM as of 3/31/2022. Matt Dalton, Cara Grealy and Max Christiana are the Portfolio Managers. The Fund is actively managed and seeks to maximize total return through a combination of current income that is exempt from federal income tax and capital appreciation.
The Transamerica High Yield Muni Fund is sub-advised by Belle Haven Investments and has over $170 million in AUM as of 3/31/2022. Matt Dalton and Max Christiana are the Portfolio Managers. The Fund is actively managed and looks to identify inefficiencies in the municipal bond market with the goal of maximizing total return by investing primarily in medium-to-lower grade fixed income securities.
Belle Haven Investments is an independent, employee-owned money manager specializing in separately managed taxable and tax-exempt fixed income portfolios. The firm also serves as a sub-adviser on the Transamerica Intermediate Muni Fund and the Transamerica High Yield Muni Fund. Belle Haven has been managing portfolios since 2002. The firm is uniquely committed to serving Consultants and Advisors along with the Institutions, Foundations, Family Offices and High Net Worth individuals whom they represent. The team's expertise and focus in one asset class has resulted in award-winning strategies. Belle Haven is a Registered Investment Advisor with the Securities Exchange Commission (SEC).
For more information, please visit www.bellehaven.com.
Disclaimer:
Past performance does not guarantee future results. Municipal bond prices can rise or fall depending on interest rates. Interest rate changes generally have a greater effect on long-term bond prices. All municipal bonds carry credit risk that the issuer will default or be unable to make timely payments of interest and principal. Generally, lower rated bonds carry more credit risk. Awards and recognition referenced on this page are produced by firms other than Belle Haven. Criteria used to determine these awards may vary depending on the organization presenting the award. For any questions or to receive a GIPS compliant presentation, please contact service@bellehaven.com.
Citywire categories are Lipper categories and the underlying performance data is taken from Lipper. For more information on Citywire data and rankings, please use the below references:
Media Contact:
Nicole Robbins
Belle Haven Investments
robbinsn@bellehaven.com
(914) 816-4633
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https://www.mysuncoast.com/prnewswire/2022/05/23/belle-haven-investments-cio-invests-sub-advised-transamerica-funds/
| 2022-05-23T19:56:18Z
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WASHINGTON, Aug. 1, 2022 /PRNewswire/ -- Goulston & Storrs, an Am Law 200 firm, is pleased to announce that Shane Dettman has joined the firm as an Urban Planner in its Real Estate Group, where he will continue to focus his work on zoning, land use, urban design, and environmental and historic preservation regulatory compliance. Based in the firm's Washington, D.C. office, Dettman brings more than 20 years of experience in urban planning to his new position. He has significant knowledge in federal and local environmental and historic preservation regulatory compliance and expertise before the D.C. Board of Zoning Adjustment, the D.C. Zoning Commission, Historic Preservation Review Board, the Mayor's Agent for Historic Preservation, and the D.C. Council.
Dettman joins Goulston & Storrs from another global law firm, where he was the Director of Planning Services in their Washington, D.C. office. Prior to that, he spent 13 years as an urban planner with the National Capital Planning Commission (NCPC), the federal government's central planning agency in the National Capital Region, where he most recently served as Director, Urban Design and Plan Review. In this capacity, Dettman oversaw the review of several complex projects, including the development of installation master plans, large-scale infrastructure projects, and major commemorative works.
While at the NCPC, Dettman also played key roles in updating the Comprehensive Plan for the National Capital: Federal Elements and in developing the Monumental Core Framework Plan, a long-range plan to revitalize federal office precincts surrounding the National Mall. He also served for three years as the NCPC representative on the D.C. Board of Zoning Adjustment.
"We are excited to have an urban planner of Shane's stature and experience join our nationally recognized real estate team. He will be a tremendous asset to the attorneys in our well-known land use, zoning, and historic preservation group and to our clients as they acquire, plan, and develop real estate projects in the D.C. region," said Paul Tummonds, Administrative Head of Goulston & Storrs' Washington, D.C. office. "He is a great fit for our collegial and collaborative culture, and will be an invaluable resource for the work we do every day."
Dettman earned both his B.S. degree and his Masters' degree in urban planning from the State University of New York at Buffalo.
Collaboration is not just a pillar of our strategy; it is the key to our competitive advantage and approach to clients, community, and each other. At Goulston & Storrs, we practice law with excellence and integrity. We are a place where mutual respect and collaboration drive open discussion, transparency, creativity and optimal results for our clients. We are committed to being a diverse and inclusive workplace where sophisticated business is conducted with genuine camaraderie. To learn more about us, visit www.goulstonstorrs.com.
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https://www.kxii.com/prnewswire/2022/08/01/shane-dettman-joins-goulston-amp-storrs-an-urban-planner-washington-dc-office/
| 2022-08-01T16:03:17Z
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THOMASVILLE -- The following students from the Albany area earned degrees from Thomas University and were recognized during recent commencement ceremonies. Students awarded bachelor’s degrees may earn the distinction of graduating Summa Cum Laude (3.9 cumulative grade-point average or higher), Magna Cum Laude (3.7 GPA or higher) or Cum Laude (3.5 GPA or higher). Associate of arts honor graduates are those students who graduate with a cumulative grade-point average of 3.5 or higher.
Albany
-- LaShannon Breedlove-Palmer, Bachelor of Science, Nursing
-- Kelsey A. Bronson, Master of Science, Clinical Mental Health & Clinical Rehabilitation Counseling
-- Shabricca Jackson, Master of Science, Clinical Mental Health & Clinical Rehabilitation Counseling
-- Precious LaToya Moses, Bachelor of Social Work, Cum Laude
Blakely
-- Christy Latoya Daniels, Master of Arts in Teaching, Pedagogy
Dawson
-- Destiny Najashay Reed, Bachelor of Science, Psychology
Leesburg
-- Megan Culp Cannon, Master of Science, Clinical Mental Health & Clinical Rehabilitation Counseling
-- Katelyn Michelle Johnson, Bachelor of Science, Medical Laboratory Science
-- Ronnye Nelson Jr., Associate of Science, Law Enforcement
-- Jennifer Ryan Peets, Master of Education, Secondary English
Sylvester
--Kori Lynn Cooper, Bachelor of Science, Medical Laboratory Science
GSW students inducted into Beta Gamma Sigma Honor Society
AMERICUS -- GSW's chapter for Beta Gamma Sigma held an induction ceremony followed by a reception recently honoring new members. Eleven students were officially inducted into BGS, including the following local residents:
-- Richard Ware of Albany
-- Brianna Wilson of Leesburg
-- Isabell Quinn of Leesburg
-- Chelsea Bridges of Sylvester
Founded in 1913, BGS is the international honor society for outstanding students in business programs accredited by the Association to Advance Collegiate Schools of Business. BGS is present on more than 580 college campuses on six continents and has members residing in 190 countries. The mission of BGS is to encourage and honor academic achievement in the study of business, to cultivate and celebrate leadership and professional excellence, to advance the values of the society, and to serve its lifelong members.
To become a member of Beta Gamma Sigma, students must be enrolled full-time and be in the top 10% of the class academically in their junior or senior years or the top 20% in terms of graduate students.
Georgia Southwestern State University, located in Americus, is a public, four-year unit of the University System of Georgia with approximately 3,000 students. Georgia Southwestern offers professional programs of study as well as degrees in the arts, humanities, sciences and graduate programs in business, computer science, education, English, and nursing. Founded in 1906, Georgia Southwestern is recognized as one of the best value colleges in the nation. Visit www.gsw.edu for more information.
University of North Georgia recognizes Dean's List honorees
DAHLONEGA -- The deans of each of UNG's colleges announced the names of those students who made their respective lists for spring 2022.
Dean's List recognition is achieved by having at least a 3.5 grade-point average, carrying 12 or more credit hours in one semester, and having no grade lower than B. Dean's List honorees included:
-- Katelynn Elizabeth Mcfarlin of Dawson
-- Ava Grace Stalvey of Albany
-- Dakoda Ethridge of Leesburg
-- Bailey Denise Cromer of Leesburg
-- Lee Harren Bettis of Albany
-- Parker Middleton Jones of Albany
-- Sydney Kate Daughtry of Leesburg
-- Smith Phillips Bettis of Albany
-- Casey Marie Gregors of Leesburg
Positioned in the fastest-growing region of the state, the University of North Georgia comprises five campuses united by a single mission focused on academic excellence and academic and co-curricular programs that develop students into leaders for a diverse and global society. The University of North Georgia is a University System of Georgia leadership institution and is The Military College of Georgia. With almost 19,000 students, the University of North Georgia is one of the state's largest public universities. The university offers more than 100 programs of study ranging from certificate and associate's degrees to doctoral programs.
Berry College announces graduates, student honors
ROME -- Berry College welcomed its newest class of graduates recently.
Among the graduates is Ariel Taylor of Albany, who earned a BS in Biology.
Berry's Dean's List honors students who posted an academic average of 3.5 or better on a 4.0 scale while carrying a class load of at least 12 hours during the semester. Dean's List honorees include:
-- Ariel Taylor of Albany
-- Lauren McDaniel of Camilla
Nationally recognized for academic excellence and as an outstanding educational value, Berry is an independent, coeducational, comprehensive liberal arts college of approximately 2,100 students. For more than a century, the college has offered an education that balances intellectual exploration, practical learning, and character development. Its 27,000-acre campus is the world's largest. Visit www.berry.edu.
The Honor Society of Phi Kappa Phi inducts new members
BATON ROUGE, La. -- The following students recently were initiated into The Honor Society of Phi Kappa Phi, the nation's oldest and most selective collegiate honor society for all academic disciplines.
-- Hensley Ingram of Dawson at Abraham Baldwin Agricultural College
-- Anna DeRosset of Albany at Florida State University
-- Jamekia Collins of Albany at Georgia Southern University
-- Addison Meeks of Auburn at Troy University
These individuals are among approximately 25,000 students, faculty, professional staff and alumni to be initiated into Phi Kappa Phi each year. Membership is by invitation only and requires nomination and approval by a chapter. Only the top 10 percent of seniors and 7.5 percent of juniors are eligible for membership. Graduate students in the top 10 percent of the number of candidates for graduate degrees also may qualify, as do faculty, professional staff and alumni who have achieved scholarly distinction.
Phi Kappa Phi was founded in 1897 under the leadership of undergraduate student Marcus L. Urann, who had a desire to create a different kind of honor society: one that recognized excellence in all academic disciplines. Today, the society has chapters on more than 325 campuses in the United States, its territories and the Philippines. Its mission is "To recognize and promote academic excellence in all fields of higher education and to engage the community of scholars in service to others."
Nicholas Urquhart receives ABAC E. Lanier Carson Leadership award
TIFTON — Director of Academic Support Nicholas Urquhart has been selected as the recipient of the E. Lanier Carson Leadership award for the 2021-22 academic year at Abraham Baldwin Agricultural College.
As director of Academic Support, Urquhart oversees the college's academic support counselors, accommodations and disability services, the counseling center, the tutoring center, and the testing center.
Urquhart received a bachelor of arts degree in Art and Mathematics from Mercer University and a master of science degree in Counseling from Springfield College. He is scheduled to complete his doctorate in higher education from Georgia Southern University this month.
Established in 1973, the purpose of the E. Lanier Carson Leadership Award is to recognize leadership contributions of an ABAC administrator who is not eligible for one of the faculty or staff awards. Each year the recipient is selected by a campuswide committee. Carson is a longtime ABAC supporter.
Vickie Wilson Receives Roy Jackson Staff Excellence award at ABAC
TIFTON — Vickie Wilson, administrative associate for the dean of students, has been selected as the 2022 recipient of the Roy Jackson Sr., Award for Staff Excellence at Abraham Baldwin Agricultural College.
In his presentation of the award, ABAC Provost and Vice President for Academic Affairs Jerry Baker said, “With over 25 years of service to the college, there are few who have not had the pleasure of meeting and working with her.
“Not only has she served in several offices in the past 25 years, but she has also been an active member of ABAC Staff Council and has held positions on the Staff Council Board. She truly exceeds every criterion of this award.”
One ABAC professor said, “She is one of the first people to greet you upon opening the door to the Student Affairs Office, and there could not be a better person for this job. She has a calm yet discerning manner and warm smile that is exactly what is needed in her position. Students, faculty, and staff alike love her.”
The award is named for Jackson, a longtime supporter of ABAC.
ABAC faculty members receive promotions, tenure
TIFTON — Seventeen faculty members will receive promotions and 11 faculty members will be granted tenure when the 2022-23 academic year begins at Abraham Baldwin Agricultural College.
Provost and Vice President for Academic Affairs Jerry Baker said the promotions and tenure will become effective July 1 for 12-month faculty members and on Aug. 1 for 10-month faculty members. The 2022 fall semester begins at ABAC on Aug. 15.
Promoted to the rank of professor from the School of Arts and Sciences were Heather Cathcart, Thomas Grant, Jan Gregus and Hans Schmeisser. From the School of Agriculture and Natural Resources, Andrew Thoron was promoted to the rank of professor.
Faculty members from the School of Agriculture and Natural Resources promoted to associate professor included Katherine Cerny, Sallie McHugh and Lucia Ona. Faculty members from the School of Arts and Sciences promoted to associate professor included Matthew Casimiro, Benjamin Gahagen, Bal Khatiwada, Janet Koposko and David Rhode.
In the Stafford School of Business, Ryan Currie was promoted to the rank of associate professor.
From the School of Arts and Sciences, April Abbott, Adam Brumfield, and Kaci West have been promoted to Senior Lecturer status.
Tenure may be granted to a faculty member who has at least reached the rank of assistant professor and has shown the potential for making significant contributions to the college and the faculty member’s field of study.
Receiving tenure were Cerny, McHugh, Thoron, Ona, Casimiro, Gahagen, Koposko, Rhode and Currie.
Richard Matthews and Sherri Newberry, assistant professors in the School of Arts and Sciences, also were granted tenure status.
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https://www.albanyherald.com/area-students-honored-by-colleges-universities/article_775597d4-de95-11ec-9100-c7b9be99a3b4.html
| 2022-05-28T17:45:18Z
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Chefs and culinarians enhanced the flavor and texture to create a dog with more "snap"
BRIDGEWATER, N.J., May 25, 2022 /PRNewswire/ -- Applegate Farms, LLC, the nation's leading natural and organic meat brand, is giving their hot dogs a makeover just in time for grilling season. Fans of the brand can expect to taste elevated flavor and texture and see better packaging for all frankfurter varieties: beef, turkey, chicken, and beef and pork right before Memorial Day weekend, the unofficial kickoff of summer and grilling season.
"At Applegate, we are always looking for ways to improve the consumer experience – from taste to packaging," said Gina Gancheva, Applegate brand director. " The CLEANER WIENER™ hot dog is an Applegate signature, and while it's hard to improve on our classic recipe of beef, water, salt and spices, we think consumers will be pleased with these changes. It's all part of our mission - Changing The Meat We Eat®."
Applegate worked with chefs and culinarians to enhance the flavor and texture of the hot dogs, while staying committed to using natural ingredients consumers can find in their kitchen. APPLEGATE® hot dogs are now hardwood smoked instead of using liquid smoke, which gives the franks more depth in flavor and provide the skinless dogs with more "snap." The new recipe also includes a coarser grind for the meat, making the texture more artisanal. Finally, the use of vinegar helps balance out the richness of the hot dogs, particularly the 100% grass-fed beef, and when combined with baking soda, helps to naturally preserve the hot dogs and extend shelf life. The new APPLEGATE® hot dog will now contain 20% post-consumer recycled (PCR) content in every package. The film material will also feature a matte finish, making it easier for consumers to read.
APPLEGATE® hot dogs with the new recipe will roll out in stores during May and June at select major retailers and on Amazon. The hot dogs are free of gluten and the top 9 allergens, contain no added sugar and are a good source of protein1. For more information, visit www.applegate.com or content on social media at www.facebook.com/applegate or www.twitter.com/Applegate.
About Applegate Farms
Founded in 1987, Applegate Farms, LLC produces high-quality natural and organic hot dogs, bacon, sausages, deli meats, cheese and frozen products. Our products are made without GMO ingredients, and we source from farms where animals are treated with care and respect and are allowed to grow at their natural rate, all part of our mission - Changing The Meat We Eat®. Natural can mean many things, but to Applegate natural means our food is:
- From animals Applegate humanely raised without antibiotics, added hormones or growth promotants
- From animals fed a vegetarian or pasture-centered diet (our beef is 100 percent grass-fed)
- Free of added chemical nitrites, nitrates or phosphates
- Free of artificial ingredients or preservatives
Applegate became a stand-alone subsidiary of Hormel Foods in July 2015. For more information about our products, visit www.applegate.com or talk with us on www.facebook.com/applegate or twitter.com/Applegate.
1 See nutrition information for fat and sodium content.
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https://www.mysuncoast.com/prnewswire/2022/05/25/applegate-farms-llc-gives-cleaner-wiener-hot-dog-taste-packaging-upgrade/
| 2022-05-25T14:38:17Z
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How do companies like Microsoft, Goldman Sachs, and UPS rank in Return On Leadership®?
BETHESDA, Md., May 24, 2022 /PRNewswire/ -- Today, Indiggo announced the 2nd annual ROL100™ ranking in partnership with Fortune.
The ROL100™ is a forward-looking ranking featuring a groundbreaking leadership metric for purpose-driven execution. It is a unique metric that captures the Return On Leadership® (ROL™) of the top 100 companies in the Fortune 500.
This year's top-ranked companies in the ROL100™ include Microsoft, UnitedHealth Group, and Goldman Sachs. The biggest gainers from the 2021 ranking include Sysco (up 62), Ford Motor (up 57), Anthem (up 49), and UPS (up 49).
ROL™ is a key indicator of how well a company is positioned for future success. Insights from this year's ranking confirm the predictive nature of Return On Leadership®. Comparing year over year results, companies in the top quartile of the 2021 ROL100™ ranking outperformed companies in the bottom quartile in several key financial metrics in 2022.
Other key insights:
- A comparison between those that trended up vs down year over year reveals a significant correlation between ranking and financial performance. Reinforcing the predictive nature of ROL™, upward trending companies outperformed downward trending companies on 3-year revenue growth, 3-year TSR, and EBITDA per employee.
- There is a consistent significant relationship between a high ROL100™ ranking and positive ratings from employees.
Return On Leadership® was created by Indiggo, an AI SaaS platform provider that allows companies to drive, measure, and predict their ROL™ at scale every day.
To see the full ROL100™ ranking, please visit: https://rol100.indiggo.ai/ranking.
"Leaders are dealing with critical imperatives, including increased stakeholder demands, a hybrid work environment, and the great resignation. A radically new world requires a radically new way of working", said Janeen Gelbart, CEO & co-founder of Indiggo.
Gelbart continues, "Integrating purpose, strategy and action is the only way to address the root cause of these issues but is one of the most difficult things to achieve quickly at scale. There has been a lot of talk, but no concrete way to solve these critical issues. That drove us to create Indiggo's software solution."
Return On Leadership® is based on four fundamentals:
- Connection to Purpose
- Strategic Clarity
- Leadership Alignment
- Focused Action
To calculate the ROL100™ ranking, each of the four fundamentals was evaluated by a team of experts, leveraging AI, and based on information publicly available to all stakeholders.
About Indiggo
Indiggo's AI SaaS platform is the first solution to integrate purpose, strategy, and agile leadership action at scale. It leverages AI to help managers at every level to strengthen their connection to purpose and deliver on key imperatives, while also reducing burnout. A critical component of the solution is the ROL™ metric, which calculates individual, department, and enterprise level Return On Leadership® scores, to set organizations up for future success.
To learn more about Indiggo, visit indiggo.ai.
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https://www.mysuncoast.com/prnewswire/2022/05/24/indiggo-announces-2022-rol100-ranking-partnership-with-fortune/
| 2022-05-24T15:51:13Z
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WASHINGTON, Aug. 16, 2022 /PRNewswire/ -- Jair Lynch Real Estate Partners ("Jair Lynch"), a leading owner and developer of mixed-use properties and attainable housing, today announced its completion of a significant corporate rebranding initiative to best reflect and support the evolution of the company's strategic vision and maturation of the company. The unveiling of the new corporate brand identity comes on the heels of the firm's recent acquisition of Clarkston Station and Woodside Village in East Atlanta, Jair Lynch's first acquisitions in the Atlanta market.
Along with the firm's expansion into a new market, the new corporate brand identity is intended to reflect the evolution of Jair Lynch's strategic vision and impact goals, which include increased investment in the creation and preservation of attainable housing for families and individuals earning between 30% - 120% Area Median Income ("AMI"). To date, Jair Lynch has invested over $1.3 billion toward this goal with intent to continue increasing investment across a larger geographical footprint. Updates to Jair Lynch's strategic vision also include a sharper focus on environmental, social, and governance ("ESG") goals, measurement, and reporting. Jair Lynch's ESG Policy | First Edition is now available for download at www.jairlynch.com.
The new, simplified brand identity, visible today across the firm's website, social platforms, and select properties, represents a renewed commitment and vigor toward affecting positive change in the communities served along with a forward-thinking approach that ultimately aims to improve the lives of the people served by the firm including its residents, tenants, investors, partners, and teammates.
"Our team of dedicated professionals embody our core values of creativity, diversity, teamwork, and excellence, and believe our power to positively impact the people we serve is more important than ever before," said Jair K. Lynch, President and CEO of Jair Lynch. "We have always been driven by the goal of creating extraordinary places in which people can live, play, and prosper, but as we've have executed on planned growth in both our talent base and portfolio, we felt it was time for a company-wide reset to refresh and renew our collective sense of purpose."
The new brand maintains its namesake while introducing a simplified mark that incorporates subtle J's and L's in the formation of a city block and directional map markers. Other brand elements include a grid pattern in a nod to the architectural and design aspects of the firm's development arm, along with an earthy, natural color palette to support the firm's renewed focus on sustainability and impact.
"Though we've always had a deeply rooted sense of social responsibility, we wanted to breathe new life into our longstanding aspirations," said Ruth U. Hoang, Senior Vice President of Development for Jair Lynch. "We are committed, not just in what we acquire but especially in what we build, to deliver places that will positively impact people and the planet long term."
Jair Lynch Real Estate Partners is a leading real estate investment and development firm that specializes in the thoughtful transformation of walkable urban places. Founded in 1998, Jair Lynch has acquired, developed, and operated a portfolio of residential, commercial, and neighborhood assets that contribute to the company's mission of creating extraordinary places. The firm has developed over 5.5 million square feet of real estate projects, currently has $3.2 billion of assets under management and has a controlled pipeline of 4.5 million square feet valued at more than $1.9 billion. Visit www.jairlynch.com to learn more.
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https://www.kxii.com/prnewswire/2022/08/16/jair-lynch-real-estate-partners-unveils-new-brand-reflect-strategic-vision-expansion-into-new-markets/
| 2022-08-16T15:41:36Z
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SOUTH JORDAN, Utah, May 26, 2022 /PRNewswire/ -- Lucid Software, a leading provider of visual collaboration software, today announced a new partnership with Loom, a video communication platform, to provide enhanced asynchronous collaboration experiences across Lucid products.
As part of this partnership, Lucid has introduced a new integration that allows both Lucidspark and Lucidchart users to embed, play and create Loom video recordings directly in Lucid documents. Whether organizing ideas in Lucidspark's virtual whiteboard or documenting complex processes with Lucidchart's intelligent diagrams, the addition of video recordings better enables team members to asynchronously and easily share context around project plans within the shared visual space.
"For today's hybrid work environment and distributed teams, effective asynchronous collaboration is becoming absolutely critical to best work together at scale," said Dan Lawyer, Chief Product Officer at Lucid. "We're excited to bring Loom's video capabilities to Lucid's products to better empower our mutual users to see and build the future faster than ever as they achieve greater clarity and alignment right within their Lucid documents."
By making asynchronous video communication more readily available through this integration, both Lucidchart and Lucidspark documents can act as a visual record for any size project. This creates a single source of truth without the need for additional meetings, emails, documents or other resources to get everyone on the same page.
"This new integration with Lucid is a key step in achieving our vision of empowering effective communication wherever work happens," said Justin Reidy, Director of Product Management at Loom. "By combining visual collaboration with asynchronous video, we're making scalable collaboration easier than ever to help our users stay connected and aligned."
This partnership with Loom builds upon Lucid's extensive product integrations, accelerating and improving collaboration by bringing the power of the full Lucid Visual Collaboration Suite to users' existing workflows. With the integration available in both Lucidspark and Lucidchart, teams can leverage asynchronous video to improve engagement and alignment from initial idea to action plans.
Get started using the Loom integration by leveraging templates in both Lucidchart and Lucidspark. Learn more about the Loom partnership here.
About Lucid Software
Lucid Software Inc. offers a leading Visual Collaboration Suite that helps teams see and build the future from idea to reality. With its products—Lucidchart, Lucidspark and Lucidscale—teams can align around a shared vision, clarify complexity, and collaborate visually, no matter where they're located. Top businesses use Lucid's products all around the world, including customers such as Google, GE and NBC Universal. Lucid's partners include industry leaders such as Google, Atlassian and Microsoft. Since the company's founding, it has received numerous awards for its products, business and workplace culture. For more information, visit lucid.co.
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https://www.mysuncoast.com/prnewswire/2022/05/26/lucid-announces-enhanced-asynchronous-collaboration-through-partnership-with-loom/
| 2022-05-26T15:00:55Z
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Advanced Parallel Computing Services for Multi-Core NVIDIA GPU Architecture
MCLEAN, Va., Aug 30, 2022 /PRNewswire/ -- Dihuni, a leading Artificial Intelligence (AI), Data Center and Internet of Things (IoT) solutions company, today announced advanced engineering services to help customers extract maximum performance from NVIDIA® GPU-based AI, deep learning, machine learning and HPC infrastructure.
"Dihuni has led the GPU server, workstation, and software space — and now we are excited to extend our offerings to include NVIDIA GPU performance optimization services," said Pranay Prakash, Chief Executive Officer at Dihuni. "Our customers are developing new applications or running existing applications on GPU infrastructure. However, to get the most out of these systems, GPU parallelization is required. As an outsourced service, our engineers help in reducing the cost and complexity involved in code analysis, hotspots identification, refactoring, and code parallelization so that customers can focus on their business use cases."
Dihuni's NVIDIA GPU optimization services include an assessment phase where its engineers work with customers to understand application data models and algorithms, identify hotspots, and determine if GPU-performance optimization is feasible. In the development phase, Dihuni engineers work on GPU kernel (CUDA® or OpenCL/OpenACC/OpenMP offload) design, development, and testing. Finally, after rigorous code tuning, Dihuni will functionally validate the new parallelized code against the original legacy code and determine performance gains. As part of an annual subscription, customers can also get periodic performance improvements as NVIDIA releases new products. Dihuni also provides training on parallel programming for customers who wish to increase their in-house expertise.
For a limited time, Dihuni will offer one-hour GPU performance optimization consulting at no cost to all of its Dihuni CognitX OptiReady GPU server customers. This option can be specified at the time of server purchase and is available as of today. This service will be in addition to a wide range of software options available today with CognitX OptiReady systems, such as preload of AI packages including TensorFlow, Keras, PyTorch, MXNet, NVIDIA TensorRT™, NVIDIA RAPIDS™, and more.
Dihuni's GPU performance optimization services are available with NVIDIA H100 Tensor Core GPU (coming soon), NVIDIA A100 Tensor Core GPU, NVIDIA A40 GPU, NVIDIA A30 Tensor Core GPU, NVIDIA A10 Tensor Core GPU, NVIDIA A16 Tensor Core GPU and NVIDIA RTX™ A6000, NVIDIA RTX A5000 and NVIDIA RTX A4000 GPUs. These GPUs are available with the OptiReady CognitX server portfolio which scales from single CPU and single GPU workstations to extreme performance dual CPU and eight NVLink® SXM4 GPU servers based on the NVIDIA HGX™ platform.
To learn more about Dihuni's GPU performance optimization services and to sign up for one-hour free consulting, please visit https://www.dihuni.com/artificial-intelligence-ai-high-performance-computing-hpc-solutions/gpu-parallelization-and-optimization-services/.
To learn more about Dihuni's overall AI & HPC solutions, visit https://www.dihuni.com/artificial-intelligence-ai-high-performance-computing-hpc-solutions/.
Dihuni is a leading provider of Digital Transformation solutions including Deep Learning (DL), Machine Learning (ML), Artificial Intelligence (AI), Data Centers and Internet of Things (IoT). With its e-commerce platform, OptiReady products, software development, staff augmentation, solutions design and delivery expertise and access to over 500,000 products from hundreds of partners, Dihuni helps customers achieve their desired digital outcomes by ensuring they have the right hardware, software and services to make that happen. Visit Dihuni at https://www.dihuni.com
Media contact: digital@dihuni.com
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| 2022-08-30T16:23:26Z
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SAN ANTONIO, July 5, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2022 second quarter results before the market opens on Tuesday, August 9, 2022, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m. Eastern Time.
The conference call number is 1-844-200-6205 (U.S. callers) and 1-929-526-1599 (international callers), and the access code for both is 285910. A live audio webcast of the conference call will be available on the "Events and Presentations" section of the Company's website (www.investor.clearchannel.com). The related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicable disclosures, will be available on the "Financials" section of the Company's website after 7:00 a.m. Eastern Time.
Approximately two hours after the live conference call, a replay of the webcast will be available for a period of thirty days on the "Events and Presentations" section of the Company's website.
About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. ("CCOH") (NYSE: CCO) is at the forefront of driving innovation in the out-of-home advertising industry. Our dynamic advertising platform is broadening the pool of advertisers using our medium through the expansion of digital billboards and displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy. By leveraging the scale, reach and flexibility of our diverse portfolio of assets, we connect advertisers with millions of consumers every month across more than 500,000 print and digital displays in 26 countries.
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| 2022-07-05T21:03:26Z
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NEW ORLEANS, June 10, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 12, 2022 to file lead plaintiff applications in securities class action lawsuits against Upstart Holdings, Inc. (NasdaqGS: UPST), if they purchased the Company's securities between March 18, 2021 and May 9, 2022, inclusive (the "Class Period"). These actions are pending in the United States District Court for the Northern District of California.
If you purchased securities of Upstart as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-upst/ to learn more. If you wish to serve as a lead plaintiff in the class action, you must petition the Court by July 12, 2022.
Upstart and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 9, 2022, post-market, the Company revealed its 1Q2022 financial results, disclosing a reduction to its fiscal 2022 guidance, expecting revenue of approximately $1.25 billion and contribution margin of 48% due to "rising interest rates and rising consumer delinquencies [as] putting downward pressure on conversion."
On this news, shares of Upstart fell $43.52, or 56%, to close at $33.61 per share on May 10, 2022.
The first-filed case is Ward v. Upstart Holdings, Inc., No. 22-cv-02856.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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| 2022-06-11T04:02:00Z
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The gunman who killed 19 students and two teachers at a Texas elementary school Tuesday was on the premises for up to an hour before law enforcement forcibly entered a classroom and killed him, officials said Wednesday.
"It's going to be within, like 40 minutes or something, (within) an hour," Texas Department of Public Safety director Steven McCraw told CNN's Ed Lavandera at a news conference.
The 18-year-old shooter, Salvador Ramos, was in a standoff with law enforcement officers for about a half-hour after firing on students and teachers, Rep. Tony Gonzales, whose district includes Uvalde, told CNN's Jake Tapper, citing a briefing he was given.
"And then (the shooting) stops, and he barricades himself in. That's where there's kind of a lull in the action," Gonzales said. "All of it, I understand, lasted about an hour, but this is where there's kind of a 30-minute lull. They feel as if they've got him barricaded in. The rest of the students in the school are now leaving."
Ramos was killed by a law enforcement officer Tuesday, ending the second deadliest shooting at a K-12 school in the United States since 2012, when 26 children and adults were killed at Sandy Hook Elementary School. It was at least the 30th shooting at a K-12 school in 2022, according to a CNN tally.
The gunman was a local high school dropout with no criminal history and no known mental health history, officials said. He had just turned 18 and legally bought two AR-15-style rifles and ammunition for his birthday. His grandfather said Wednesday he didn't know Ramos had guns.
"If I had known I would have reported him," Rolando Reyes said.
Gunman allegedly texted teenaged girl in Germany on day of shooting
The gunman allegedly texted a girl who lives in Germany about his intentions just before he shot his grandmother in her home and left for the school in her pickup..
According to screenshots reviewed by CNN and an interview with the 15-year-old girl -- who said she had been in contact with the gunman for weeks -- Salvador Ramos complained about his grandmother being "on the phone with AT&T abojt (sic) my phone."
"It's annoying," he texted.
Six minutes later, he texted: "I just shot my grandma in her head." Seconds after that, he said, "Ima go shoot up a(n) elementary school rn (right now)."
The last message was sent at 6:21 p.m. Central European Time, which was 11:21 a.m. in Texas.
The girl, who lives in Frankfurt, said she began chatting with Ramos on a social media app on May 9. Ramos sent the girl selfie videos and discussed a plan to go visit her in Europe, according to videos and text messages.
The girl, whose mother gave permission for her to be interviewed, said she spoke to Ramos daily on FaceTime. She said she also communicated with him via a social livestreaming app called Yubo and played games with him on a gaming app named Plato. In their conversations, she said he asked about her life in Germany. "He looked happy and comfortable talking to me," the girl said.
The texts to the girl are similar to messages that Texas Gov. Greg Abbott said Ramos wrote on Facebook.
Those disturbing writings, Abbott said, came as the suspect indeed shot his grandmother, drove to nearby Robb Elementary School, forced his way inside adjoining classrooms and opened fire at a group of kids and faculty. Officers eventually forced their way into the barricaded room and a Border Patrol officer fatally shot him, Abbott said.
A spokesperson for Meta, Facebook's parent company, said the gunman's messages were made in private one-to-one texts that were discovered after the shooting.
Now, the city of Uvalde, about 90 miles west of San Antonio and just east of the US-Mexico border, finds itself on the long list of American communities devastated by mass shootings.
So far, five 10-year-olds and a fourth-grade teacher have been named publicly by relatives as among the dead.
Parents waited late into Tuesday night at a civic center to learn whether their children had survived, some having given DNA to help authorities identify victims, they told CNN. Authorities have since identified all the victims, whose remains have been removed from the murder scene, and notified their families, Texas Department of Public Safety Lt. Chris Olivarez said.
President Joe Biden said Wednesday he will visit Uvalde soon.
"As a nation, I think we all must be there for them," Biden said. "And we must ask when in God's name will we do what needs to be done to if not completely stop, fundamentally change the amount of the carnage that goes on in this country."
Sympathy also poured in from across the globe, including Pope Francis, who pushed for stronger gun control. Leaders of France, Germany and Spain shared condolences, too, along with the President of war-torn Ukraine, who called it "terrible to have victims of shooters in peaceful time."
How the shooting unfolded
The gunman shot his grandmother in the face before driving to Robb Elementary, a second through fourth grade school, to carry out the attack, Gov. Abbott said. Officials said the grandmother, who called 911, remains in a hospital -- as do five victims from the school.
Soon after that initial shooting, police got a 911 call about a vehicle that had crashed near the school and someone armed with a rifle heading inside, Olivarez told CNN in an interview Wednesday morning. The man was wearing a "tactical vest carrier with no ballistic panels," Olivarez said.
Sgt. Erick Estrada of the Texas Department of Public Safety told CNN that when the shooter got to the school, he encountered a school resource officer, dropped a black bag with ammunition inside and entered the school.
The shooter barricaded himself inside adjoining classrooms and opened fire on the children and two teachers, Olivarez said, calling the act "complete evil."
With the shooter barricaded inside, officers were at a disadvantage, he said.
"There was not sufficient manpower at that time, and their primary focus was to preserve any further loss of life," he told CNN. "They started breaking windows around the school and trying to rescue, evacuate children and teachers while that was going on."
A tactical team of local and federal officers arrived, forced its way into the classroom and shot the gunman dead, Olivarez said. One law enforcement officer was wounded and expected to survive.
Authorities continue to investigate the shooting and events that led to it, Olivarez told CNN.
Community shattered by sudden tragedy
As the last day of school was drawing near, Robb Elementary students were celebrating with special themed dress days, including Tuesday's theme of "Footloose and Fancy." Students were encouraged to come dressed in nice outfits and show off their fun footwear, according to a post on the school's Facebook page.
But by Tuesday afternoon, shaken students were being bused to the civic center-turned-reunification site. As the evening stretched on, some parents began to learn their young children had not survived.
"We see people coming out just terrorized. They're crying one by one. They're being told that their child has passed on," state Sen. Roland Gutierrez told CNN on Tuesday night from the site.
As news of the shooting broke in Uvalde, Robb Elementary parents were told students were being taken to the SSGT Willie de Leon Civic Center, according to a post on the school district's Facebook page. The site quickly became the epicenter for families looking for their children, and scenes of devastation began to play out as victims were identified.
Parents were asked for DNA swabs to confirm their relationships to their children and instructed to wait an hour for an answer, at least four families told CNN.
A father, who had just learned his child was dead, fought tears as several of his cousins embraced him. A few yards away, a grandmother who had just driven from San Antonio said she would not stop praying for her 10-year-old granddaughter as they waited for the DNA results.
Inside, city workers handed out pizza, snacks and water to families. Some parents waited in silence, while others sobbed quietly as a group of children sat on the floor playing with teddy bears. A group of local pastors and chaplains arrived and offered their support to the families.
"It's a small town," said Lalo Diaz, a county justice of the peace. It's the kind of place where everyone knows each other, Diaz said, noting he knows the families of several victims.
In his civic role, Diaz coordinates processing of the deceased. Until now, he's only dealt at once with four people killed in a car crash, he said.
"When I have to sign 21 death certificates," Diaz said, "my heart will drop."
Robb Elementary includes second through fourth grades and had 535 students in the 2020-21 school year, state data shows. About 90% of students are Hispanic, according to the data. Uvalde County had a population of about 25,000 in the 2020 census.
10-year-olds, teacher identified as victims
Five of the children and one teacher killed have been identified publicly by their families.
Ten-year-old Xavier Lopez's mother confirmed her son was killed and recalled her fourth grader's unforgettable smile. Xavier was days away from finishing elementary school and "couldn't wait" to attend middle school, his mother told the Washington Post.
Martinez had been at the school earlier Tuesday to cheer on Xavier during the honor roll ceremony, at which he got a certificate. She took a picture of her boy and told him she was proud of him and loved him, she said. Then, she hugged her "mama's boy" goodbye.
Elsewhere in the hours after the shooting, Angel Garza pleaded on Facebook for help finding his daughter, 10-year-old Amerie Jo Garza.
He followed up early Wednesday morning: "She's been found. My little love is now flying high with the angels above."
"Please don't take a second for granted," Garza wrote. "Hug your family. Tell them you love them."
Jose Flores Jr., 10, was killed, as well, his father told CNN. The brother of two younger siblings, Jose loved baseball and video games and "was always full of energy," Jose Flores Sr. said.
And 10-year-old Uziyah Garcia was among the slain, his family told CNN. The fourth grader was "full of life" and "loved anything with wheels," his uncle Mitch Renfro told CNN.
Uziyah's grandfather remembered throwing the football with his grandson and teaching him pass patterns and plays, Manny Renfro recalled. He was the "sweetest little boy that I've ever known," the grandfather said in an interview with CNN affiliate KSAT.
Fourth-grade teacher Eva Mireles was also killed, her aunt, Lydia Martinez Delgado, told CNN.
Mireles had been an educator for 17 years and in her off time enjoyed running, hiking, biking and spending time with her family, according to her profile on the Uvalde Consolidated Independent School District website.
What we know about the shooter
Ramos had stopped regularly attending school at Uvalde High School, one of his former classmates told CNN. "He barely came to school," said the friend, who did not wish to be identified. Ramos had recently sent him a picture of an AR-15-style rifle, a backpack with rounds of ammunition and several magazines, the friend added.
"I was like, 'Bro, why do you have this?' and he was like, 'Don't worry about it,'" the friend said. "He proceeded to text me, 'I look very different now. You wouldn't recognize me.'"
The shooter also sent ominous Instagram messages to another user hours before the shooting, screenshots show.
Three days before the attack, an account linked to the shooter posted a photo of two rifles lying on a carpet in a story that tagged another Instagram account by name. The owner of the tagged account wrote in a story posted after the shooting that Ramos had tagged her and messaged her out of the blue.
The girl, who did not include her name on her account and has since made her account private, posted a series of screenshots of messages she said she exchanged with the shooter in the days before the massacre.
In one message that appeared to be sent the morning of the shooting, Ramos wrote "I'm about to" -- but didn't say what he would do. "I got a lil secret," he wrote in another message. "I wanna tell u."
In messages posted to her story before it went private, the girl said that she didn't live in Texas and didn't know Ramos.
Ramos had a history of fighting with others, according to a former friend and a video obtained by CNN that depicts Ramos repeatedly throwing punches. The former friend said the video, which he received more than a year ago, depicts Ramos fighting with someone else, which the former friend said was not out of the ordinary.
"He would always get in fights in school," the former classmate said
CNN has reached out to the Uvalde school district for more information, but received no response.
Communities that have endured shootings express solidarity
The victims' loved ones and community members grieving the loss of 21 Uvalde residents join a growing number of Americans whose lives have been ravaged by mass shootings -- and school shootings in particular. It's a "club that no one wants to be a part of," said Erica Lafferty, whose mother, Dawn Lafferty Hochsprung, was killed in the Sandy Hook shooting.
So far, there have been more mass shootings than days in 2022 -- including the racist attack at a Buffalo, New York, grocery store a little over a week ago that left 10 dead. At least 213 mass shootings had been recorded this year as of Tuesday, the 144th day of the year, according to the Gun Violence Archive. CNN and the archive each define a mass shooting as one in which four or more people were injured or killed, not including the shooter.
Parents of children who died in the Sandy Hook Elementary and Parkland, Florida, school shootings expressed support for the Uvalde community and aired frustrations about the shared language of loss that gun violence has created for so many families.
Fred Guttenberg's daughter Jaime was one of 17 people killed in the 2018 shooting at Marjorie Stoneman Douglas High School in Parkland.
"I can't stop thinking about these families today who need to figure out how they're going to bury their children, who need to figure out how they are going to console their other children," he said. "And I can't stop thinking about this community that needs to figure out how they're all going to rally, how they're all going to take care of one another in this aftermath."
Correction: An earlier version of this story incorrectly stated what the shooter was wearing based on information from authorities.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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| 2022-05-26T01:16:11Z
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Digital Video Views (#2) and Broadcast TV Reach (#4) Rank Top 5 Globally
Facebook and YouTube Also Rank Top 5 in Global Platform Engagement
SINGAPORE, April 25, 2022 /PRNewswire/ -- ONE Championship™ (ONE) ranks top five in viewership and engagement among all major global sports properties, according to a recent report by Nielsen titled, "Year in Review: Sports Consumption Evolution."
[Download the Nielsen report here]
ONE ranked #2 overall in 2021 digital viewership, rising from its #4 ranking in a 2020 Nielsen report, with over 13.8 billion video views across Facebook, Instagram, YouTube, and TikTok. It sits just behind the #1-ranked NBA, which boasts over 14.5 billion for 2021. The UFC fell two spots to #5, with 6.6 billion.1
In terms of digital fan engagement, ONE is #4 on Facebook at approximately 16.6 thousand average engagements per post, trailing only UEFA Champions League (#1), EPL (#2), and LaLiga (#3), while coming in four spots ahead of UFC (#8). ONE also ranked #4 on YouTube, #11 on TikTok, and #17 on Instagram in average engagements per post. 2
ONE also continued its rapid digital follower growth, increasing its fanbase to approximately 42.7 million (+24%) across Facebook, Instagram, and YouTube from 2020-2021 — trailing only the Tokyo 2020 Olympics (+73%), UEFA EURO 2020 (+35%), and F1 (+31%).
ONE also exhibited rapid growth on TikTok, increasing its followers by 146% in 2021 — second only to F1 as the fastest-growing global sports property on the Gen Z-dominated platform. 3
In cumulative reach on global broadcast television in 2021, ONE ranked #4 behind the Tokyo 2020 Olympics (#1), UEFA EURO 2020 (#2), and UCL (#3), but ahead of F1 (#5), NFL (#7), NBA (#8), and UFC (#9). Cumulative reach measures the number of unique viewers who tune in to watch at least one minute of a TV broadcast.4
According to Nielsen, ONE also ranked #11 in 2021 broadcast hours with 10.7K hours on metered TV channels, despite challenges presented by the COVID-19 pandemic.5
About Group ONE Holdings
Group ONE Holdings (ONE) is Asia's largest global sports media platform with a broadcast to 150+ countries around the world. According to Nielsen, ONE ranks amongst the world's top 5 biggest sports media properties for viewership and engagement. Through its marquee sports properties (ONE Championship and ONE Esports) and its passionate millennial community, ONE is a celebration of Asia's greatest cultural phenomena, Martial Arts and Gaming, and the deep-rooted values of integrity, humility, honor, respect, courage, discipline, and compassion. ONE broadcasts across 150+ territories with some of the largest networks and digital broadcasters, including Star Sports, Beijing TV, iQIYI, One Sports, Abema, IB, NET TV, Vidio, Startimes, Mediapro, Thairath TV, VieOn, Skynet, Mediacorp, Spark Sport, Match TV, Dubai Sports, RedeTV and more.
1,2,3Source: Nielsen Analysis (data sources: Social Blade, Fanpage Karma, Jan 2021 - Dec 2021)
4Source: Official local TAM (Television Audience Measurement), AGF/GfK Germany, Kantar Spain, Auditel/Nielsen Italy, Mediametrie France, BARB UK, Ibope Kan- tar Argentina (x2.93 multiplier to approach total population) Brazil (Cov% applied to Total Population 211m), Mexico (x2.31 multiplier to approach total population), CSM Media Research China, Video Research Japan, Nielsen Indonesia (x4.88 multiplier to approach total population), Malaysia (x1.49 multiplier to approach total population), Myanmar (x4 multiplier to approach total population), Philippines, South Africa, Thailand and USA, AMI Vietnam, Glance.
5Source: Official local TAM (Television Audience Measurement), AGF/GfK Ger- many, Kantar Spain, Auditel/Nielsen Italy, Mediametrie France, BARB UK, Ibope Kantar Argentina, Brazil, Mexico, CSM Media Research China, Video Research Japan, Nielsen Indonesia, Malaysia, Myanmar, Philippines, South Africa, Thailand and USA, AMI Vietnam, Glance.
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https://www.mysuncoast.com/prnewswire/2022/04/25/nielsen-one-championship-ranks-top-5-global-viewership-engagement-among-all-major-sports-properties/
| 2022-04-25T12:00:59Z
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Sculptors begin construction of the 54th Annual Butter Sculpture at the New York State Fairgrounds
SYRACUSE, N.Y., Aug. 17, 2022 /PRNewswire/ -- More than 800 pounds of butter has arrived at the New York State Fairgrounds in Syracuse, N.Y., as construction of one of Central New York's best-kept secrets and most beloved attractions gets underway – the 54th Annual American Dairy Association North East Butter Sculpture, sponsored by Wegmans.
Sculptors Jim Victor and Marie Pelton unpacked the butter and their tools and have begun work on the sculpture. The butter comes from Batavia, N.Y.-based producer O-AT-KA Milk Products.
The butter used for the sculpture is out of specification for retail sale for a variety of reasons, so American Dairy Association North East works with the sculptors to put it to good use by creating a beautiful piece of art that thousands enjoy.
Even after the Fair, the butter doesn't go to waste. Instead, it will be sent to Noblehurst Farms, a dairy farm in Pavilion, N.Y., where it will be recycled into renewable energy in a digester along with other food waste.
"I really love that this iconic attraction repurposes butter not just once, but twice – first by turning unusable product into an artistic sculpture, and then after the fair, by recycling it into renewable energy on a dairy farm," says John Chrisman, CEO, American Dairy Association North East. "I encourage fairgoers to visit the Dairy Products Building and see the annual Butter Sculpture that always pays tribute to our hardworking dairy farm families who work 365 days a year to sustainably and responsibly produce milk."
American Dairy Association North East will unveil the 54th Annual Butter Sculpture to the media and live on their Facebook page https://www.facebook.com/AmericanDairyNE/ on Tuesday, August 23rd, the day before the Fair officially opens. It will then be on display in the Dairy Products Building for the duration of the 13-day Fair.
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| 2022-08-17T17:31:01Z
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Federal Agencies Now Have Streamlined Access to Adopt Zero Trust and Meet Government Security Requirements
DENVER, June 7, 2022 /PRNewswire/ -- Ping Identity (NYSE: PING), the intelligent identity solution for the enterprise and government, announced Federal agencies can now procure the company's Identity, Credential, and Access Management (ICAM) products through the Carahsoft Amazon Web Services (AWS) Marketplace. The listing allows customers to adopt a Zero Trust architecture with AWS Marketplace conveniences such as ease of access, flexible pricing terms, simplified billing, quick deployment, and license management.
Cloud-based AWS Marketplace access creates a simpler, faster, and more cost-effective way for agencies to purchase and implement security and identity solutions at a time when they are challenged to meet more stringent standards and policies mandated by the Federal Government. These requirements include the White House Executive Order on Improving the Nation's Cybersecurity, which requires the adoption of Zero Trust architecture.
"Ping Identity provides the solutions that government entities need to modernize their complex, hybrid environments and facilitate the move to a Zero Trust architecture," said Rich Maigue, Sales Director who leads the Ping Identity Team at Carahsoft. "As Ping Identity's Master Government Aggregator®, we are proud to work with our reseller partners to support Federal Agencies in performing secure, mission-critical work from any location."
"Carahsoft's expertise with the government procurement process will enable Federal agencies to implement these identity security solutions at the best possible value," said Andre Durand, CEO and founder of Ping Identity. "The convenience and efficiency of the AWS Marketplace will make it easier for Federal customers to achieve their digital transformation initiatives and properly secure their sensitive assets and employees, while being in compliance with the latest ICAM policies and standards."
Ping Identity's software is available through Carahsoft's GSA Multiple Award Schedule (MAS) 47QSWA18D008F, SEWP V contracts NNG15SC03B and NNG15SC27B, ITES-SW2 Contract W52P1J-20-D-0042, OMNIA Partners Contract #R191902, and GSA 2GIT 47QTCA21A000R. For more information, contact the Ping Identity Team at Carahsoft at (703) 871-8548 or PingIdentity@carahsoft.com.
About Carahsoft
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com.
Ping Identity Media Relations
Megan Johnson
press@pingidentity.com 757.635.2807
Carahsoft Contact:
Mary Lange
703-230-7434
pr@carahsoft.com
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https://www.wibw.com/prnewswire/2022/06/07/ping-identity-solutions-now-available-aws-marketplace-through-carahsoft/
| 2022-06-07T14:11:49Z
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Carlsbad returns for 1st time in 3 years; Meb to run for fun
By BERNIE WILSON
AP Sports Writer
SAN DIEGO (AP) — The Carlsbad 5000 will return Sunday for the first time since 2019, making it one of the last major road races to bounce back from a pandemic hiatus. Ed Cheserek of Kenya looks to defend his title and co-owner Meb Keflezighi will simply run for fun. Cheserek has had to wait three years to defend his title in the seaside race in San Diego County. He says he’s looking forward to being back in sunny Southern California after everything the running community has been through.
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https://localnews8.com/sports/ap-national-sports/2022/05/20/carlsbad-returns-for-1st-time-in-3-years-meb-to-run-for-fun/
| 2022-05-21T01:36:48Z
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PHILADELPHIA, Sept. 1, 2022 /PRNewswire/ -- Philadelphia-based Parkway Corporation, a leading parking operator and real estate development and investment company, announced today that it has recently completed the formation of Parkway U.S. Land Carry Fund I, LP. The fund was capitalized to acquire more than $100 million of surface parking lot assets in the United States.
For three generations, Parkway has leveraged innovative management, state-of-the-art technology, customer service solutions, design, real estate acumen, and joint venture-based collaboration to maximize parking asset values. Today, Parkway's portfolio consists of parking and mixed-use assets in central business districts across the United States and Canada, including over 21,000 parking spaces across over 80 structured and surface assets.
Robert Zuritsky, CEO, said, "We are extremely pleased to have completed the capitalization of the fund on the basis of investment by ourselves and some of the most innovative people across all commercial real estate asset classes and non-real estate asset classes as well. Having done this during the height of the pandemic and economic dislocation, we are pleased to have already completed our first four acquisitions."
Parkway U.S. Land Carry Fund I, LP is targeting acquisition opportunities in primary, secondary, and tertiary markets that have mature or emerging paid‐parking characteristics, a multiplicity of parking demand generators, and demonstrable economic momentum and business growth. This platform is focused on acquiring surface parking lot facilities that have current operating cash flows where a higher or better use may be achievable over a longer time horizon.
David Dobkin, Managing Director & Head of Acquisitions for Parkway, added, "We have broad and deep relationships with parking operators, brokers, and advisors across the country. We are formally collaborating with multiple strategic operating partners across the country to help source opportunities and provide unique market and submarket intelligence that we believe sets our platform apart."
According to Daniel Dean, the fund's Operating Partner, "This is the first of many capital platforms that Parkway anticipates utilizing to diversify its footprint nationally while making investment opportunities available to individual and institutional investors. Our profile as a hybrid platform that represents deep operations, real estate, technology, and capital markets capabilities all under one roof is quite unique. As a result, the range of opportunities we see is very broad."
About Parkway Corporation
Parkway Corporation is a real estate developer, investor and best-in-class parking operator. Founded and headquartered in Philadelphia, Parkway Corporation has been an industry leader for over 92 years in combining operational excellence and innovative technology to deliver exceptional products and customer experiences. More information about the company is available at www.parkwaycorp.com .
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "continue," "could," "anticipate," "estimate," "expect," "intend," "may," "plan," "project," "should," "will," and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include but are not limited to: national and local economic, business and real estate market conditions; the ability to maintain sufficient liquidity and our access to capital markets; our ability to identify, successfully compete for and complete acquisitions and loans; the performance of real estate assets and loans after they are acquired; and our ability to provide stakeholder value through sales or otherwise dispose of our properties and other assets. Although Parkway Corporation and Parkway US Land Carry Fund I, LP believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. Actual results may differ materially from those contemplated by such forward-looking statements. Neither Parkway Corporation nor the Parkway US Land Carry Fund I, LP undertakes any obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in expectations. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
Contact: Sara McGovern, smcgovern@slicecommunications.com, 610-914-5977
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https://www.mysuncoast.com/prnewswire/2022/09/01/parkway-corporation-announces-formation-us-land-carry-fund-i-lp/
| 2022-09-01T16:26:30Z
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ATLANTA, June 14, 2022 /PRNewswire/ -- Avanta Residential announced today that Bud Rogers has been hired as Director of Development for the Southeast Region.
In his role as Director of Development for the Southeast Region, Bud will be responsible for sourcing and developing institutional quality rental neighborhoods throughout the Southeast.
Bud began working with the Avanta team in 2020 as a consultant and contributed significantly to Avanta's growth over two years. Bud has extensive experience with inside and outside level sales and sales management, budget management, sales training and recruiting, marketing management, e-marketing strategy, land development feasibility and market analysis, business development, and product development.
Before joining Avanta, Bud was a Vice President at Brock Built Homes, a developer and builder in Atlanta, Georgia. He was responsible for developing and executing internal and external business plans that increased revenues and profits via new home sales.
Prior to working with Brock Built, Mr. Rogers worked in the Southeast as a Director at Metrostudy; helping banks, developers and builders maximize real estate opportunities. He has also worked as the V.P. of Sales and Marketing at Davis Homes in Indianapolis, Indiana, closing more than 500 annual sales. Mr. Rogers also held several positions at Beazer Homes, and C.P. Morgan Homes giving him extensive experience with inside and outside level sales and sales management, budget management, sales training and recruiting, marketing management, e-marketing strategy, land development feasibility and market analysis, business development, and product development.
Bud is a graduate of Ball State University's College of Architecture and Planning, and has degrees in Urban Planning and Environmental Design.
"Bud has been an integral part of Avanta's development the past two years," said Avanta Managing Director, Peter Spier, "and he will be instrumental in helping us expand our footprint in the Southeast."
Avanta is setting the standard in the build-for-rent communities' industry. Avanta was created out of the deep experience of Hunt Companies Inc., a diversified, family-owned holding company with more than $8.5 billion in completed real estate developments, including the development of over 70,000 single-family rental homes across the United States, 50,000 of which are still own and operated today. Avanta is committed to developing thoughtful, well-designed, amenity-rich single-family homes for lease throughout the U.S. Avanta is active in Texas, Florida, Georgia, and Colorado and is expanding its footprint. For more information, www.avantaresidential.com.
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https://www.wibw.com/prnewswire/2022/06/14/avanta-hires-bud-rogers-director-development-southeast-region/
| 2022-06-14T13:16:04Z
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Which ‘Frozen’ blankets are best?
“The cold never bothered me anyway!” If you can’t relate to Elsa’s words, then you need a “Frozen” blanket. Wrap yourself up in a comfy blanket as you settle in for a cozy night of films from the “Frozen” franchise. If you’re looking for a “Frozen” blanket that is as beautiful as it is functional, the Disney “Frozen” “Snow Journey” Fleece Throw Blanket will keep you out of the cold.
What to know before you buy a ‘Frozen’ blanket
‘Frozen’ facts
“Frozen” is the hit 2013 Disney animated feature that was inspired by Hans Christian Andersen’s fairy tale, “The Snow Queen.” Sisters Elsa and Anna are the stars of the film, along with their snowman friend, Olaf. The movie was an instant hit, and the song “Let It Go” became a modern Disney classic. In 2019, Disney released a sequel, “Frozen 2,” but two short films, “Frozen Fever” and “Olaf’s “Frozen Adventure” debuted before that in 2015 and 2017, respectively. In 2018, a Broadway production based on the movie premiered. All of these works of art depict the main characters, Elsa and Anna, in distinct, ornate costumes. Fans of the franchise will instantly recognize the different versions of the characters, so you will have to consider this when you choose a “Frozen” blanket.
‘Frozen’ character versions
“Frozen” blankets mostly feature Elsa, Anna and/or Olaf. In the original “Frozen,” the sisters wear their iconic costumes with Elsa in her ice blue gown and Anna in her purple cape. In the other films, the outfits differ, so you should know which version of the characters your recipient prefers, if any. You can even find blankets that depict the artistic themes of the Broadway show.
Quotations and messages from the movie
Many “Frozen” blankets have words on them that are either direct quotations or messages that capture the themes of the films. From “Let it go” and “Destiny awaits” to “Live your truth” and sayings about adventures and journeys, you can find a blanket that says exactly what you’re thinking.
Material of blanket
Blankets are made from many different materials. Cotton blankets are cool, lightweight and hypoallergenic to keep you feeling comfortable. Wool is a great material when you want something very warm, but if you are allergic or sensitive to it, fleece is a great alternative. Acrylic and polyester are durable as well as cozy, so your blankets will last a long time.
Size of blanket
Blankets come in many different sizes. Depending on the person you’re buying for, you might choose a larger or smaller size. Similarly, if you are purchasing a blanket for a bed, you will have to know if the bed is twin, queen or king size. Decorative throw blankets won’t cover your whole body, but they make for pretty accents on beds and sofas.
What to look for in a quality ‘Frozen’ blanket
Blanket sets
“Frozen” blankets are sometimes packaged with “huggers,” plush stuffed animals that hug your blanket when it is not in use. These cuddly toys can also double as pillows. You can find Elsa and Anna versions, and, of course, Olaf because he likes warm hugs. You can also find sets that come with matching pillows and even beanie hats.
Wearable blankets
Some blankets have sleeves so you can wear them for an extra layer of warmth. Wearable “Frozen” blankets come in varieties that look like Elsa and Anna’s dresses, so you can feel like a princess while you’re cuddled up on the couch.
Character prints
You can find blankets that depict full scenes from the movies or patterns with repeating designs like the characters’ faces or symbols from the films like snowflakes. Some feature just their costumes, so you really look like you’re wearing their clothes when you drape the blanket over you.
How much you can expect to spend on a ‘Frozen’ blanket
“Frozen” blankets cost from $12-$45, depending on the material and/or size.
‘Frozen’ blanket FAQ
What are the best hypoallergenic materials for blankets?
A. Cotton and synthetic materials like acrylic are best for allergy sufferers.
Are there ‘Frozen’ weighted blankets?
A. Yes. Macy’s sells a 4.5-pound “Frozen” weighted blanket for children.
What are the best ‘Frozen’ blankets to buy?
Top ‘Frozen’ blanket
Disney “Frozen” “Snow Journey” Fleece Throw Blanket
What you need to know: This beautiful polyester and fleece blanket features Elsa, Anna and Olaf with pretty snowflakes.
What you’ll love: Wrap yourself up in the love of the two sisters and their snowman friend. This cozy blanket is 50 inches by 60 inches. Toss it in the washing machine for easy cleaning.
What you should consider: A few people said the material was thinner than they expected.
Where to buy: Sold by Amazon
Top ‘Frozen’ blanket for the money
Olaf Hugger and Elsa Anna Throw Set
What you need to know: You get two for the price of one with this lovable set of a plush Olaf hugger and a throw blanket with images of Elsa, Anna and Olaf.
What you’ll love: The blanket is 50 inches by 40 inches, with the characters repeated on a bright blue background. The sweet 12-inch Olaf character is perfect for snuggling under the blanket. You can machine wash the blanket and spot clean Olaf.
What you should consider: Some people thought the blanket was a bit small and thin.
Where to buy: Sold by Amazon
Worth checking out
Franco Kids Bedding Snuggle Wrap Wearable Blanket
What you need to know: Featuring the characters from “Frozen 2,” this one-size-fits-all polyester wearable blanket for toddlers and young children is especially soft and cozy.
What you’ll love: Elsa, Anna and Olaf appear on this blanket, along with the words “in my element.” Versatile as a costume, cape or poncho, it will keep kids warm while wearing their favorite characters. This 55-inch by 31-inch blanket has a hood lined with Sherpa and a micro mink plush interior. The snap button closure keeps the blanket secure. It is washer and dryer safe and wrinkle-resistant. It is ideal for cuddling, napping or bedtime.
What you should consider: A few people said that the snap broke.
Where to buy: Sold by Amazon
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Lorianne Palinkas writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
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https://cw33.com/reviews/br/bed-bath-br/bedding-br/best-frozen-blanket/
| 2022-06-07T17:33:24Z
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Marielle Nigg-Droog, Former CISO ING Wholesale Banking joins BreachLock as Chief Information Security Officer (CISO).
NEW YORK, July 5, 2022 /PRNewswire/ -- BreachLock, a unified Penetration Testing as a Service (PTaaS) platform that caters to enterprise penetration testing needs, is proud to announce the appointment of Marielle Nigg-Droog as Chief Information Security Officer (CISO).
Marielle is responsible for providing cybersecurity guidance and security strategies to BreachLock customers, leading the CIO/CISO Interchange to understand underlying pain points, and securing BreachLock. She leads the internal risk and security efforts to reduce the company's risk and security exposure while ensuring global compliance.
Commenting on the new role, Marielle stated, "I commonly see organizations still following traditional security practices and expecting to achieve newer and better outcomes, but that is not possible. I am extremely excited to join my former ING colleague, Seemant Sehgal, & BreachLock, who is breaking this glass ceiling in the space of Penetration Testing." Hackers are the common enemy we all are fighting against, and BreachLock is enabling customers to elevate their security posture by giving them a hacker's view, she added.
"I am excited to welcome my former ING colleague and friend, Marielle to BreachLock. This will help us accelerate the vision and mission of the company. Her experience as a CISO will give us a better understanding of the customers' security problems and help us stay ahead in the market by conceptualizing and delivering cybersecurity solutions for the future," said Seemant Sehgal, CEO & Founder, BreachLock.
Marielle is a former CISO at ING Wholesale banking and proven cybersecurity and risk executive. She is an industry thought leader with over 25 years of experience in executing long-term security strategies. She is an example for 'women in cyber' and specializes in developing and implementing new organizational structures to enable businesses to achieve their security goals and business objectives.
About BreachLock
BreachLock is the world's first Human-Augmented, AI-powered, SaaS-delivered PTaaS. The platform helps enterprise clients with Penetration Testing with the use of A.I. (Artificial Intelligence)., Automation, and in-house PenTesters. The SaaS (Software as a Service) platform enables integration across Security, IT, and Operations tools in the ecosystem to unify the workflow for operational effectiveness and efficiency.
To learn more about Penetration Testing as a Service (PTaaS), check our FAQ.
Media Contact
Contact Person: Megan Charrois
Email: pr@breachlock.com
Phone: +1 (716) 575-2233
Country: United States
Website: www.breachlock.com
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https://www.mysuncoast.com/prnewswire/2022/07/05/breachlock-continues-strengthening-its-leadership-team-with-addition-ciso/
| 2022-07-05T16:29:13Z
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84-year-old behind the wheel in fatal wrong-way crash was mugged before collision, police say
JACKSON, Miss. (WLBT/Gray News) – Police in Mississippi said an 84-year-old woman was mugged before causing a wrong-way fatal crash on the interstate Friday.
According to Jackson police, Mable Vince had a violent encounter at grocery store Vowell’s Cash Saver hours before she drove the wrong way on I-55, causing a crash that killed her and one other woman.
The other crash victim was identified as 43-year-old Cyntra Wilbert.
Police said Vince was at the grocery store earlier in the day when she was approached by a robber.
Jackson Police Chief James Davis said the armed robber pushed Vince to the ground and stole her purse.
“We did get a report the Jackson Police Department responded to the Cash Saver in which an elderly lady was pushed to the ground, and her purse was taken,” Davis said. “The ambulance was called. She did not receive any treatment. So she left.”
Around 2 p.m. that same day, Vince caused the multi-vehicle accident on I-55, police said.
Police are investigating to find out if Vince may have been injured during the purse snatching and if it could have caused her to drive the wrong way on the interstate.
“We’re still investigating the robbery. So we’re still trying to gather information,” Davis said. “We’re still trying to pull surveillance and talk to witnesses. Hopefully, we can bring that individual to justice.”
If you have any information, call CrimeStoppers or Jackson police at 601-960-1234.
Copyright 2022 WLBT via Gray Media Group, Inc. All rights reserved.
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https://www.mysuncoast.com/2022/07/27/84-year-old-behind-wheel-fatal-wrong-way-crash-was-mugged-before-collision-police-say/
| 2022-07-27T16:47:36Z
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Fleets in the Fast Lane: Gaining New Visibility on Safety
Fleet Complete has launched a next-generation cellular dashcam as part of its FC Vision solution that brings together AI with video telematics for real-time driver coaching and alerts, as well as powerful tools to simplify safety compliance and provide a second set of eyes on the road.
The FC Vision smart connected dashcam - Vision 3.0 - comes in several configurations to suit every fleet type and budget. Commercial fleet operations will now have access to a powerful dashcam solution to reduce costs of insurance and operations with an added level of road safety insights, driver risk detection and protection from unproven claims.
TORONTO, July 26, 2022 /PRNewswire/ - Fleet Complete is introducing its latest smart connected fleet dashcam to its FC Vision 3.0 line-up, with it now featuring road-facing and optional cab-facing cameras with AI-based advanced driver assistance systems (ADAS) and Driver Monitoring System (DMS.)
With video playback of events, FC Vision helps to elevate commercial fleet safety and driver training programs. It is ideal for companies looking to protect their mobile staff on the road and to reduce potentially fraudulent insurance claims in an event of a collision if the driver is not at fault. This safety assurance and in-cab coaching solution uses video telematics with AI analytics to automate detection of key driving events, scoring and reporting for use with insurance claims and safety programs.
As a complete smart connected video dashcam solution, FC Vision adds a new layer of road safety and risk identification to help lower insurance premiums, save on litigation costs, and enable mobile staff to feel supported and more confident on the road.
FC Vision is available in Basic and AI Standard versions for every budget that include:
- Easy-to-use Insights dashboard: Vision footage, vehicle data and driving analytics appear in the same interface to provide fleet managers with quick insights into their fleet operations.
- AI-powered Advanced Driver Assistance system (ADAS): to help coach drivers to reduce traffic violations like speeding, lane drifting and tailgating all based on machine learning.
- AI-powered Driver Monitoring System (DMS): the dual-camera option provides DMS to help drivers with in-cab coaching and alerts to avoid distracted or fatigued driving events.
- Mobile Apps: drivers can review their event videos, survey their trips and look at their scorecard.
FC Vision is a key component of FC Insights Solution Suite, an integrated big data IoT platform that provides commercial fleets with near real-time insights to monitor and manage all aspects of their mobile operations. At its core, the FC Hub fleet management system includes web and mobile apps for live-view maps, fleet dashboards, automated reporting, and customizable event notifications for a comprehensive view of fleet and field operations. FC Hub brings a friendly and modernized user interface for easy navigation of other FC products and third-party add-ons.
To see the new smart connected dash cam solution or fleet management platform in action, book a demonstration or learn more -- call 1.888.305.8777 or email sales@fleetcomplete.com
Fleet Complete® is a leading global provider of connected vehicle technology, delivering mission-critical fleet, asset, and mobile workforce management solutions. The company is servicing approximately 600,000 subscribers and over 40,000 businesses and government organizations in Canada, the U.S., Mexico, Australia, and across Europe. It maintains key distribution partnerships with AT&T in the U.S. and Mexico, TELUS and Rogers in Canada, Telstra in Australia, Telia in Denmark, COSMOTE in Greece, and Deutsche Telekom (T-Mobile) in multiple European countries. Fleet Complete cultivates strong OEM partnerships with global market leaders, such as ConMet, Cummins, Ford, General Motors, Mitsubishi Australia, and Toyota, among others. It remains one of the fastest-growing companies globally, having won numerous awards for innovation and growth.
For more information, please visit www.fleetcomplete.com
Social Media
Twitter: @FleetComplete
LinkedIn: Fleet Complete
Facebook: Fleet Complete
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https://www.mysuncoast.com/prnewswire/2022/07/26/fleet-complete-empowers-safer-fleet-operations-with-its-new-vision-smart-connected-dashcam-solution/
| 2022-07-26T14:54:53Z
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Company furthers its commitment to One Planet. One Health to advance the health of the people and the planet for a more sustainable future.
15% of company's North American manufacturing facilities have already achieved Zero Waste to Landfill.
WHITE PLAINS, N.Y. and BROOMFIELD, Colo., June 1, 2022 /PRNewswire/ -- Danone North America, the purpose-driven food and beverage leader with a diverse portfolio of dairy and plant-based brands, today announced its goal to achieve Zero Waste to Landfill across all North American company facilities by 2025. The goal, which has already been achieved by 15% of its manufacturing facilities, sets a new company standard for recycling and waste reduction through updated processes and increased education.
Sherri Livengood, Director of Environmental Affairs at Danone North America, said: "As one of the world's largest Certified B Corporations and a market leader in yogurt, plant-based, premium dairy, and coffee creamers, embracing our responsibility to support a more sustainable world is pivotal. The Zero Waste to Landfill goal creates a bridge to our company's existing One Planet. One Health frame of action, which includes our commitment to reducing food loss and waste in our U.S. operations by 50% by 2030 and achieving net zero carbon emissions by 2050."
Zero Waste to Landfill is achieved when at least 99% of waste generated throughout the manufacturing process is diverted from landfills. As a result, waste produced throughout food and beverage production, including handling, storage, processing, packaging, and distribution, is reused, upcycled, recycled, composted, or sent for energy recovery.
In the face of the climate crisis – an issue exacerbated by waste – Danone North America's manufacturing plants are making substantial progress toward its goal of Zero Waste to Landfill. By working with third-party partners like Veolia ESS and with local organizations, including ShurGreen Farms, Langdon and Sons, Wasatch Resource Recovery, and EBI Montreal, the company is bringing forth innovative solutions to divert waste from landfill to instead be reused, recycled, or composted.
"When our plant achieved Zero Waste to Landfill in 2020, the full force of our facility and local community came together to support a culture of waste reduction and redistribution," said Elizabeth Masteller, Environment Health & Safety Manager at Danone North America's Minster, Ohio plant, which produces popular yogurt brands including Activia®, Danimals®, and Oikos®. "In 2021 alone, we sent more than 2,500 tons of waste to ShurGreen Farms to be transformed into renewable energy, crop nutrition, and animal feed, while repurposing product packaging. This is an eye-opening amount of waste diverted from landfills, and a further step in our company's One Planet. One Health frame of action."
In 2020, only 4.8% of Danone North America's waste was sent to landfills across its company facilities. When Zero Waste to Landfill status is fully achieved by 2025, just 1% or less will be sent to landfills. Danone North America will continue to work with all company facilities to implement processes that promote a circular economy and eradicate waste. The company is committed to using its business as a force for good and spearheading necessary education around more sustainable practices among employees and consumers, with the ultimate goal of reimagining waste.
About Danone North America:
Danone North America is a purpose-driven company and an industry leader in the food and beverage category. As a Certified B Corporation®, Danone North America is committed to the creation of both economic and social value, while nurturing natural ecosystems through sustainable agriculture. Our strong portfolio of brands includes: Activia®, DanActive®, Danimals®, Dannon®, evian®, Happy Family® Organics, Honest to Goodness®, Horizon® Organic, International Delight®, Light + Fit®, Oikos®, Silk®, So Delicious® Dairy Free, STōK®, Two Good®, Wallaby® Organic and YoCrunch®. With more than 6,000 employees and 16 production locations across the U.S. and Canada, Danone North America's mission is to bring health through food to as many people as possible. For more information, visit www.danonenorthamerica.com/. For more information on Danone North America's B Corp™ status, visit: https://bcorporation.net/directory/danone-north-america.
Media Contact:
Erin Brooks
Manager, Corporate Communications
(978) 604-6517
Erin.brooks@danone.com
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https://www.wibw.com/prnewswire/2022/06/01/danone-north-america-announces-goal-achieve-zero-waste-landfill-by-2025/
| 2022-06-01T12:47:25Z
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BERRYVILLE, Va., May 2, 2022 /PRNewswire/ -- Eagle Financial Services, Inc. (OTCQX: EFSI), the holding company for Bank of Clarke County, whose divisions include Eagle Investment Group, announced its first quarter 2022 results. Select highlights for the first quarter include:
- Net income of $3.3 million
- Deposit growth of $54.1 million
- Basic and diluted earnings per share of $0.94
- Loan activity:
Brandon Lorey, President and CEO, stated, "I am happy to report another strong quarter for the Company with a number of "1sts" for EFSI and the Bank. The Organization's loan portfolio breached the $1 billion dollar mark in the first quarter and posted a record annualized net income figure of $13.2 million. Annualized earnings per share also reached a record high of $3.80. Despite $7.5 million of PPP loan runoff, as that portfolio continues to shrink, and over $36.0 million in loan sales, the Bank's loan portfolio grew by $35.7 million which was more than matched by quarter's core deposit growth of $54.0 million resulting in annualized 5-year compound annual growth rates (CAGR) of 14.9% and 16.05%, respectively. We continue to strengthen diversified revenue streams as our non-interest income provides over 20% of the Bank's total income, driven primarily by our expanded Trust and Advisory Services and loan sales and servicing. I would like to thank our shareholders for their continued support as well as our employees for their tireless efforts to ensure we meet and exceed the needs of our customers every single day."
Income Statement Review
Net income for the quarter ended March 31, 2022 was $3.3 million reflecting an increase of 42.4% from the quarter ended December 31, 2021 and an increase of 13.6% from the quarter ended March 31, 2021. The increase from the quarter ended December 31, 2021 was mainly driven by increased legal expenses during the quarter ended December 31, 2021. Net income was $2.3 million for the three-month period ended December 31, 2021 and $2.9 million for the quarter ended March 31, 2021.
Net interest income for the quarters ended March 31, 2022 and December 31, 2021 was $11.1 million. Net interest income was $9.5 million for the quarter ended March 31, 2021. The increase in net interest income from the quarter March 31, 2021 resulted primarily from growth in the Company's loan portfolio.
Total loan interest income was $10.6 million and $10.7 million for the quarters ended March 31, 2022 and December 31, 2021, respectively. Total loan interest income was $9.4 million for the quarter ended March 31, 2021. Total loan interest income increased $1.2 million or 12.9% from the quarter ended March 31, 2021 to the quarter ended March 31, 2022. Average loans for the quarter ended March 31, 2022 were $1.01 billion compared to $854.5 million for the quarter ended March 31, 2021. The tax equivalent yield on average loans for the quarter ended March 31, 2022 was 4.25%, a decrease of 23 basis points from the 4.48% average yield for the same time period in 2021. The majority of this decrease in yield can be attributed to loans being originated at a rate lower than those that are paying off.
Interest and dividend income from the investment portfolio was $872 thousand for the quarter ended March 31, 2022 compared to $784 thousand for the quarter ended December 31, 2021. Interest income and dividend income from the investment portfolio was $596 thousand for the quarter ended March 31, 2021. The increase in interest and dividend income resulted from the increase in rates on securities purchased during the first quarter of 2022 as well as the increase in the balance of the investment portfolio. Average investments for the quarter ended March 31, 2022 were $198.0 million compared to $197.1 million for the quarter ended December 31, 2021. Average investments were $162.1 million for the quarter ended March 31, 2021. The tax equivalent yield on average investments for the quarter ended March 31, 2022 was 1.83%, up 19 basis points from 1.64% for the quarter ended December 31, 2021 and up 26 basis points from 1.57% for the quarter ended March 31, 2021.
Total interest expense was $370 thousand for the three months ended March 31, 2022 and $373 thousand and $487 thousand for three months ended December 31, 2021 and March 31, 2021, respectively. The decrease in interest expense resulted from the reduction in interest rates paid on deposit accounts. The average cost of interest-bearing liabilities decreased one and 11 basis points when comparing the quarter ended March 31, 2022 to the quarters ended December 31, 2021 and March 31, 2021, respectively. The average balance of interest-bearing liabilities increased $26.4 million from the quarter ended December 31, 2021 to the quarter ended March 31, 2022. The average balance of interest-bearing liabilities increased $108.6 million from the quarter ended March 31, 2021 to the same period in 2022.
The net interest margin was 3.61% for the quarter ended March 31, 2022. For the quarters ended December 31, 2021 and March 31, 2021, the net interest margin was 3.67% and 3.62%, respectively. The Company's net interest margin is not a measurement under accounting principles generally accepted in the United States, but it is a common measure used by the financial services industry to determine how profitably earning assets are funded. The Company's net interest margin is calculated by dividing tax equivalent net interest income by total average earning assets. Tax equivalent net interest income is calculated by grossing up interest income for the amounts that are non-taxable (i.e., municipal income) then subtracting interest expense. The tax rate utilized is 21%.
Noninterest income was $3.2 million for the quarter ended March 31, 2022, which represented a decrease of $119 thousand or 3.5% from the $3.4 million for the three months ended December 31, 2021. Noninterest income for the quarter ended March 31, 2021 was $2.4 million. The $816 thousand increase between the quarters ended March 31, 2022 and March 31, 2021 was driven by several factors including the gain on sale of loans held for sale. In addition, income from fiduciary activities increased $314 or 51.7% due to an increase in assets under management.
Noninterest expense decreased $2.0 million, or 16.5%, to $9.9 million for the quarter ended March 31, 2022 from $11.9 million for the quarter ended December 31, 2021. Legal expenses were higher during the fourth quarter of 2021 primarily from the expansion of the Bank's wealth management business line and also its build out of the marine lending division. Approximately $2.0 million of these fourth-quarter expenses are expected to be one-time fees. Noninterest expense was $7.9 million for the quarter ended March 31, 2021, representing an increase of $2.0 million or 25.4% when comparing to the quarter ended March 31, 2022 to the quarter ended March 31, 2021. An increase in salaries and benefits expenses was also noted between the first quarter of 2022 when compared to the same period in 2021. Annual pay increases, newly hired employees, incentive plan accruals and increased insurance costs have attributed to these increases. The number of full-time equivalent employees (FTEs) has increased from 195 at March 31, 2021, to 224 at March 31, 2022.
Asset Quality and Provision for Loan Losses
Nonperforming assets consist of nonaccrual loans, loans 90 days or more past due and still accruing, other real estate owned (foreclosed properties), and repossessed assets. Nonperforming assets decreased from $2.8 million or 0.21% of total assets at December 31, 2021 to $2.6 million or 0.19% of total assets at March 31, 2022. Nonperforming assets were $4.8 million at March 31, 2021. Total nonaccrual loans were $2.6 million at March 31, 2022 and $2.7 million at December 31, 2021. Nonaccrual loans were $4.3 million at March 31, 2021. The majority of all nonaccrual loans are secured by real estate and management evaluates the financial condition of these borrowers and the value of any collateral on these loans. The results of these evaluations are used to estimate the amount of losses which may be realized on the disposition of these nonaccrual loans. Other real estate owned was at zero at March 31, 2022 and December 31, 2021.
The Company may, under certain circumstances, restructure loans in troubled debt restructurings as a concession to a borrower when the borrower is experiencing financial distress. Formal, standardized loan restructuring programs are not utilized by the Company. Each loan considered for restructuring is evaluated based on customer circumstances and may include modifications to one or more loan provision. Such restructured loans are included in impaired loans but may not necessarily be nonperforming loans. At March 31, 2022, the Company had 17 troubled debt restructurings totaling $2.6 million. Approximately $2.5 million or 15 loans are performing loans, while the remaining loans are on non-accrual status. At December 31, 2021, the Company had 17 troubled debt restructurings totaling $2.7 million. Approximately $2.5 million or 15 loans were performing loans, while the remaining loans were on non-accrual status.
The Company realized $12 thousand in net charge-offs for the quarter ended March 31, 2022 versus $39 thousand in net recoveries for the three months ended December 31, 2021. During the three months ended March 31, 2021, $61 thousand in net recoveries were recognized. The amount of provision for loan losses reflects the results of the Bank's analysis used to determine the adequacy of the allowance for loan losses. The Company recorded a provision for loan losses of $540 thousand for the quarter ended March 31, 2022. The Company recognized provision for loan losses of $300 thousand and $599 thousand for the quarters ended December 31, 2021 and March 31, 2021, respectively. The provision for the quarters ended March 31, 2022, December 31, 2021 and March 31, 2021 resulted mostly from loan growth during the quarter. The ratio of allowance for loan losses to total loans was 0.91% at March 31, 2022 and 0.89% at December 31, 2021. The ratio of allowance for loan losses to total loans was 0.88% at March 31, 2021. Excluding outstanding PPP loans, the allowance for loan losses as a percentage of total loans was 0.92% at March 31, 2022, 0.91% at December 31, 2021 and 0.98% as March 31, 2021. The ratio of allowance for loan losses to total nonaccrual loans was 357.47% at March 31, 2022. The ratio of allowance for loan losses to total nonaccrual loans was 322.70% and 179.82% at December 31, 2021 and March 31, 2021, respectively. Management's judgment in determining the level of the allowance is based on evaluations of the collectability of loans while taking into consideration such factors as trends in delinquencies and charge-offs, changes in the nature and volume of the loan portfolio, current economic conditions that may affect a borrower's ability to repay and the value of collateral, overall portfolio quality and review of specific potential losses. The Company is committed to maintaining an allowance at a level that adequately reflects the risk inherent in the loan portfolio.
Total Consolidated Assets
Total consolidated assets of the Company at March 31, 2022 were $1.37 billion, which represented an increase of $71.3 million or 5.5% from total assets of $1.30 billion at December 31, 2021. At March 31, 2021 total consolidated assets were $1.18 billion. Total net loans increased $35.2 million from $976.9 million at December 31, 2021 to $1.01 billion at March 31, 2022. During the quarter, $7.5 million in SBA PPP loans were forgiven or paid down and $36.5 million in loans were sold. The Company sold $4.2 million in mortgage loans on the secondary market and $32.3 million of loans from the commercial and consumer loan portfolios. These loan sales resulted in gains of $285 thousand. Total securities increased $1.2 million from $193.4 million at December 31, 2021, to $194.6 million at March 31, 2022. At March 31, 2021 total investment securities were $175.0 million and net loans were $867.2 million. The growth in total loans and total assets was largely due to organic loan portfolio growth as the Company expands lending types and markets.
Deposits and Other Borrowings
Total deposits increased $54.1 million to $1.23 billion at March 31, 2022 from $1.18 billion at December 31, 2021. At March 31, 2021 total deposits were $1.07 billion. The growth in deposits was mainly organic growth as the Company continues to expand and grow into newer market areas.
The Company had no outstanding borrowings from the Federal Home Loan Bank of Atlanta at March 31, 2022, December 31, 2021 or March 31, 2021.
On March 31, 2022, the Company entered into Subordinated Note Purchase Agreements with certain qualified institutional buyers and accredited institutional investors, pursuant to which the Company issued 4.50% Fixed-to-Floating Rate Subordinated Notes due 2032, in the aggregate principal amount of $30.0 million. The Company intends to use the net issuance proceeds for general corporate purposes, including a capital contribution to its wholly owned subsidiary, Bank of Clarke County, to support its continued organic growth.
Equity
Shareholders' equity was $102.1 million and $110.3 million at March 31, 2022 and December 31, 2021, respectively. Shareholders' equity was $105.1 million at March 31, 2021. The decrease in shareholder's equity at March 31, 2022 was driven by the other comprehensive loss from the unrealized loss on available for sale securities. The book value of the Company at March 31, 2022 was $29.37 per common share. Total common shares outstanding were 3,477,020 at March 31, 2022. On April 20, 2022, the board of directors declared a $0.28 per common share cash dividend for shareholders of record as of May 4, 2022 and payable on May 18, 2022.
COVID-19 Impacts
The COVID-19 crisis has changed our communities, both in the way we live and the way we do business. While circumstances continue to change, the Company is continuing to work steadfastly to meet and exceed the needs of its customers, employees, and the communities in which it does business. Customers' banking needs have continued to be fulfilled through multiple banking channels including mobile, digital, and adjusted-schedule physical. In efforts to assist local businesses during this pandemic, the Company originated 1,372 PPP loans (through two rounds of lending), totaling $132.1 million, into the hands of our community's small businesses. During the quarter ended March 31, 2022, $7.5 million of PPP loans were forgiven or paid down. As of March 31, 2022, $8.4 million in PPP loans are still outstanding. In addition to local small businesses, the Company worked with its consumer and commercial customers through its loan deferral program whereby customers experiencing hardships due to COVID-19 were granted a deferral in loan payments for up to 90 days. During 2020 and through the quarter ended March 31, 2021, the Company approved 256 deferrals with loan balances totalling approximately $127.5 million for its customers experiencing hardships related to COVID-19. As of March 31, 2022, all loans had begun making payments on their loans after the deferral date had passed.
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this discussion may include "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 relate to the Company's future operations and are generally identified by phrases such as "the Company expects," "the Company believes" or words of similar import. Although the Company believes that its expectations with respect to the forward-looking statements are based upon reliable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results, performance or achievements of the Company will not differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements.
Factors that could have a material adverse effect on the operations and future prospects of the Company include, but are not limited to: changes in interest rates and general economic conditions; the effects of the COVID-19 pandemic, including on the Company's credit quality and business operations, as well as its impact on general economic and financial market conditions; the legislative and regulatory climate; monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and Federal Reserve; the quality or composition of the Company's loan or investment portfolios; demand for loan products; deposit flows; competition; demand for financial services in the Company's market area; acquisitions and dispositions; the Company's ability to keep pace with new technologies; a failure in or breach of the Company's operational or security systems or infrastructure, or those of third-party vendors or other service providers, including as a result of cyberattacks; the Company's capital and liquidity requirements; changes in tax and accounting rules, principles, policies and guidelines; and other factors included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and other filings with the Securities and Exchange Commission.
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SOURCE Eagle Financial Services, Inc.
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https://www.wibw.com/prnewswire/2022/05/02/eagle-financial-services-inc-announces-2022-first-quarter-financial-results/
| 2022-05-02T22:33:34Z
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US $
- Q2 GAAP net income of $256 million / $3.29 per diluted share
- Adjusted EBITDA of $260 million
- Net cash position at $53 million and liquidity at $1.3 billion at quarter-end
- GHG emissions reduction targets approved by the Science Based Targets initiative (SBTi)
- Entered into agreement to be acquired by Paper Excellence Group
MONTRÉAL, Aug. 4, 2022 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported net income for the quarter ended June 30 of $256 million, or $3.29 per diluted share, compared to net income of $268 million, or $3.34 per diluted share, in the same period in 2021. Sales were $1,058 million in the quarter, a decrease of $82 million from the year-ago period. Excluding special items, the company reported net income of $155 million, or $2.00 per diluted share, compared to net income of $300 million, or $3.74 per diluted share, in the second quarter of 2021.
Non-GAAP financial measures, such as adjustments for special items and adjusted EBITDA, are explained and reconciled below.
Quarterly Operating Income Variance Against Prior Period
The company reported operating income of $217 million in the quarter, compared to $235 million in the first quarter. The $18 million variation mainly reflects higher shipments ($47 million) across all segments, more than offset by higher manufacturing costs ($55 million), mainly related to fiber ($25 million) and maintenance ($19 million) costs, as well as energy prices ($7 million). The overall impact of pricing was neutral as higher realized transaction prices in the pulp and paper segments were offset by lower average transaction prices in the wood products segment. The company also recorded higher freight ($8 million) and selling, general and administrative expenses ($4 million).
Segment Operating Income Variance
The wood products segment generated operating income of $180 million in the quarter, $39 million lower than the previous quarter. The average transaction price fell to $931 per thousand board feet, a decrease of $91 per thousand board feet, or 9%, reflecting lower benchmark lumber prices, despite the positive impact of consolidating engineered wood products in the segment's sales following the acquisition of the remaining 50% equity interest in Resolute-LP Engineered Wood Larouche Inc. and Resolute-LP Engineered Wood St-Prime Limited Partnership. Shipments rose by 65 million board feet, but finished goods inventory increased by 16 million board feet, to 239 million board feet, reflecting continued challenges with rail car availability. The operating cost per unit (or, "delivered cost") rose by $43 per thousand board feet, or 8%, mainly reflecting higher log costs due to stumpage fees and fuel price. EBITDA in the segment slipped by $39 million, to $191 million.
Operating income in the market pulp segment was $41 million in the second quarter, $19 million higher than in the prior quarter. The average transaction price increased by $117 per metric ton, or 14%, due to stronger market conditions. Shipments were 29,000 metric tons higher, helping to reduce finished goods inventory by 14,000 metric tons to 68,000 metric tons at quarter-end. The delivered cost rose by $42 per metric ton, mainly due to higher maintenance and fiber costs. EBITDA in the segment improved by $22 million, to $48 million.
The tissue segment incurred an operating loss of $9 million in the quarter, in line with the first quarter. The average transaction price increased by $84 per short ton, or 4%, on rising market pricing. Shipments were 1,000 short tons higher and finished goods inventory fell by 2,000 short tons. The delivered cost increased by $126 per short ton, or 6%, mostly due to higher market pulp prices. EBITDA in the segment fell by $1 million, to negative $5 million.
The paper segment recorded operating income of $37 million in the quarter, an improvement of $12 million over the previous quarter. The average transaction price rose by $35 per metric ton, or 5%, due to stronger market conditions in all grades. Shipments rose by 29,000 metric tons, helping to reduce finished goods inventory by 18,000 metric tons to 67,000 metric tons at quarter-end. The delivered cost increased by $11 per metric ton, or 2%, mainly due to higher freight and maintenance costs. EBITDA improved by $13 million, to $47 million.
Consolidated Quarterly Operating Income Variance Against Year-Ago Period
The $217 million of operating income reported in the second quarter was $189 million lower than the comparable quarter of 2021. The variance includes higher selling prices for the pulp, paper and tissue segments ($108 million), more than offset by lower selling prices for wood ($157 million) and lower shipments as a result of logistics constraints ($17 million). The company faced higher manufacturing costs ($104 million), mainly related to fiber costs ($42 million), maintenance, labor and outside service costs ($31 million) and energy prices ($25 million), as well as higher freight costs ($25 million). It also benefitted from a lower Canadian dollar ($8 million).
Corporate, Cash and Liquidity
The company generated $281 million of cash from operating activities in the quarter, and it invested $24 million, net, in fixed assets, for a total of $37 million in the first six months of the year.
With $355 million of quarter-end cash, liquidity stood at $1.3 billion. As a result, the company ended the quarter in a net cash position of $53 million.
By quarter-end, the company recorded cumulative softwood lumber duty deposits of $500 million on the balance sheet, including $60 million paid in the quarter.
The company also determined that it is more likely than not that $105 million of the U.S. net deferred income tax assets will be fully realized in the future prior to expiration, which resulted in a valuation allowance reversal and related income tax benefit during the quarter.
On July 6, Resolute and Paper Excellence Group, through its wholly-owned subsidiary Domtar Corporation, announced that they have entered into an agreement under which the latter will acquire all of the outstanding common shares of Resolute stock. The company expects the transaction to close in the first half of 2023, following stockholder and regulatory approvals, and satisfaction of other customary closing conditions. For additional information on the transaction, please see Resolute's current reports on Form 8-K filed on July 6 and July 7, 2022 with the U.S. Securities and Exchange Commission (or, the "SEC"). A full description of the transaction will be outlined in the proxy statement of Resolute to be filed with the SEC at www.sec.gov and with the Canadian securities regulators on the System for Electronic Document Analysis and Retrieval at www.sedar.com and mailed to stockholders of Resolute.
Due to the pending transaction with Paper Excellence Group, the company will not host a second quarter 2022 earnings conference call.
Description of Special Items
Cautionary Statements Regarding Forward-Looking Information
Statements in this document that are not reported financial results or other historical information of Resolute Forest Products are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. They include, for example, statements relating to the potential benefits of the proposed transaction between Resolute Forest Products and Domtar Corporation; the prospective performance and outlook of our business, performance and opportunities; the ability of the parties to complete the proposed transaction, the expected timing of completion of the proposed transaction; the impact of the coronavirus (or, "COVID-19") pandemic and resulting economic conditions on our business, results of operations and market price of our securities; the impact on our future business results of the price volatility of our products; the logistics and transportation network constraints and the levels of inventory; the estimated expenditures relating to the indefinite idling of the pulp and paper operations at Calhoun (Tennessee); and to our: efforts and initiatives to reduce costs and increase revenues and profitability; business and operating outlook; future pension obligations; assessment of market conditions; growth strategies and prospects, and the growth potential of the company and the industry in which we operate; liquidity; future cash flows, including as a result of the changes to our pension funding obligations; estimated capital expenditures; environmental, social and governance (or, "ESG") reporting; and strategies for achieving our goals generally. Forward-looking statements may be identified by the use of forward-looking terminology such as the words "should," "would," "could," "will," "may," "expect," "believe," "see," "anticipate," "continue," "contribute," "position," "maintain," "remain," "increase," "plan," "grow," "enhance," "seek," "provide," "support," "estimate," "maximize" and other terms with similar meaning indicating possible future events or potential impact on our business or Resolute Forest Products' shareholders.
The reader is cautioned not to place undue reliance on these forward-looking statements, which are not guarantees of future performance. These statements are based on management's current assumptions, beliefs, and expectations, all of which involve a number of business risks and uncertainties that could cause actual results to differ materially. The potential risks and uncertainties that could cause our actual future financial condition, results of operations, and performance to differ materially from those expressed or implied in this document include, but are not limited to: uncertainties as to the timing of the proposed transaction with Domtar Corporation; the risk that the proposed transaction with Domtar Corporation may not be completed in a timely manner or at all; the possibility that competing offers or acquisition proposals will be made; the possibility that any or all of the various conditions to the consummation of the proposed transaction may not be satisfied or waived, including the failure to receive any required regulatory approvals from any applicable governmental entities (or any conditions, limitations or restrictions placed on such approvals); the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, including in circumstances that would require us to pay a termination fee or other expenses; the inability to recover softwood lumber duty refunds in a timely manner or at all; the effect of the pendency of the proposed transaction on our ability to retain and hire key personnel, our ability to maintain relationships with our customers, suppliers and others with whom we do business and our business generally or our stock price; risks related to diverting management's attention from our ongoing business operations; the impact of the COVID-19 pandemic on our business and resulting economic conditions; developments in non-print media, including changes in consumer habits, and the effectiveness of our responses to these developments; intense competition in the forest products industry; any inability to offer products certified to globally recognized forestry management and chain of custody standards; any inability to successfully implement our strategies to increase our earnings power; the possible failure to successfully integrate acquired businesses with ours or to realize the anticipated benefits of acquisitions or divestitures or other strategic transactions or projects, including loss of synergies following business divestitures; uncertainty or changes in political or economic conditions in the U.S., Canada or other countries in which we sell our products, including the effects of pandemics; global economic and political conditions; the highly cyclical nature of the forest products industry; any difficulties in obtaining timber or wood fiber at favorable prices, or at all; impacts of inflation on the price of goods and services, including changes in the cost of purchased energy and other raw materials; any loss of important customers and resulting accounts receivable credit risk exposure; physical, financial, regulatory, transitional and litigation risks associated with global, regional, and local weather conditions, and climate change; financial, litigation, liability and reputational risks associated with ESG reporting; any disruption in operations or increased labor costs due to labor disputes or occupational health and safety issues; difficulties in our employee relations or in employee attraction or retention, and workforce shortages; disruptions to our supply chain, operations, or the delivery of our products, including due to public health epidemics and workforce shortages; disruptions to our information technology systems including cybersecurity and privacy incidents; risks related to the operation and transition of legacy system applications; negative publicity, even if unjustified; currency fluctuations; any increase in the level of required contributions to our pension plans, including as a result of any increase in the amount by which they are underfunded; our ability to maintain adequate capital resources to provide for all of our substantial capital requirements; the terms of our outstanding indebtedness, which could restrict our current and future operations; increases of interest rates and changes relating to the London Interbank Offered Rate, which could impact our borrowings under our credit facilities; losses that are not covered by insurance; any additional closure costs and long-lived asset impairment or goodwill impairment or accelerated depreciation charges; any need to record additional valuation allowances against our recorded deferred income tax assets or any limitation of our use of certain tax attributes; our exports from one country to another country becoming or remaining subject to duties, cash deposit requirements, border taxes, quotas, or other trade remedies or restrictions; countervailing and anti-dumping duties on imports to the U.S. of the vast majority of our softwood lumber products produced at our Canadian sawmills; any failure to comply with laws or regulations generally; any additional environmental or health and safety liabilities; any violation of trade laws, export controls, or other laws relating to our international sales and operations; adverse outcomes of legal proceedings, claims and governmental inquiries, investigations, and other disputes in which we are involved; the actions of holders of a significant percentage of our common stock; and the potential risks and uncertainties set forth under Part I, Item 1A, "Risk Factors," of our annual report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 1, 2022 and as set forth under Part II, Item 1A, "Risk Factors," of our quarterly report on Form 10-Q for the quarter ended June 30, 2022, filed with the SEC on August 4, 2022, which have been heightened by the COVID-19 pandemic, including related governmental responses and economic impacts, market disruptions and resulting changes in consumer habits. In addition, please refer to the documents that Resolute files with the SEC on Forms 10-Q and 8-K.
All forward-looking statements in this document are expressly qualified by the cautionary statements contained or referred to in this document and in our other filings with the SEC and the Canadian securities regulatory authorities. We disclaim any obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, tissue, wood products and papers, which are marketed in over 60 countries. The company owns or operates some 40 facilities, as well as power generation assets, in the United States and Canada. Resolute has third-party certified 100% of its managed woodlands to internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange.
Resolute has received regional, North American and global recognition for its leadership in corporate social responsibility and sustainable development, as well as for its business practices. Visit www.resolutefp.com for more information.
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SOURCE Resolute Forest Products Inc.
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https://www.wibw.com/prnewswire/2022/08/04/resolute-reports-second-quarter-2022-results/
| 2022-08-04T22:26:43Z
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Continuing digital innovation with integrations that simplify Google Cloud security for customers
SANTA CLARA, Calif., June 14, 2022 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW) today announced that it has received the 2021 Google Cloud Technology Partner of the Year award for Security.
Palo Alto Networks was recognized for the company's achievements in the Google Cloud ecosystem, helping organizations rapidly transform security operations for future success. Together, Google Cloud and Palo Alto Networks create complete, easy-to-manage cloud native security solutions that help secure customer data and applications, protecting against emerging and sophisticated cyberthreats.
"We are honored to receive the Google Cloud Technology Partner of the Year award for Security," said Don Jones, senior vice president of Ecosystems, Palo Alto Networks. "Palo Alto Networks is committed to helping our customers leverage the public cloud, extending consistent security across all domains. We look forward to continuing our momentum with Google Cloud, building best-in-class integrations that simplify cloud security for our joint customers while improving their security posture."
"This award recognizes Palo Alto Networks' commitment to customer success, and its delivery of innovative and impactful solutions on Google Cloud in Security," said Bronwyn Hastings, vice president of Global ISV Partnerships and Channels, Google Cloud. "We're proud to recognize Palo Alto Networks as our Technology Partner of the Year Security, and we look forward to continuing our work together building and creating business value for customers with cloud technologies."
In 2021, Palo Alto Networks partnered with Google Cloud to introduce new product integrations, accompanying reference architectures and several new solution offerings on the Google Cloud Marketplace.
Most notable was the Google Cloud native security product built with Palo Alto Networks Threat Detection technologies, the Google Cloud Intrusion Detection System (Cloud IDS). Google Cloud IDS was the first intrusion detection system delivered as a native cloud service, helping address the regulatory requirement for customers by enabling monitoring in the cloud. With a few clicks, Google Cloud customers can deploy on-demand application visibility and threat detection to help ensure compliance and protect applications.
Other integrations launched within the past year included Prisma Cloud Autopilot GKE support, Network Connectivity Center integration with Prisma® SD-WAN and the VM-Series, BeyondCorp with Prisma Access and Cortex XDR® for endpoint verification, and VM-Series integrations with new cloud load balancing capabilities that help unblock customer workloads to Google Cloud while accelerating customer adoption.
Palo Alto Networks is the world's cybersecurity leader. We innovate to outpace cyberthreats, so organizations can embrace technology with confidence. We provide next-gen cybersecurity to thousands of customers globally, across all sectors. Our best-in-class cybersecurity platforms and services are backed by industry-leading threat intelligence and strengthened by state-of-the-art automation. Whether deploying our products to enable the Zero Trust Enterprise, responding to a security incident, or partnering to deliver better security outcomes through a world-class partner ecosystem, we're committed to helping ensure each day is safer than the one before. It's what makes us the cybersecurity partner of choice.
At Palo Alto Networks, we're committed to bringing together the very best people in service of our mission, so we're also proud to be the cybersecurity workplace of choice, recognized among Newsweek's Most Loved Workplaces (2021), Comparably Best Companies for Diversity (2021), and HRC Best Places for LGBTQ Equality (2022). For more information, visit www.paloaltonetworks.com.
Palo Alto Networks, Cortex XDR, Prisma, and the Palo Alto Networks logo are registered trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. Any unreleased services or features (and any services or features not generally available to customers) referenced in this or other press releases or public statements are not currently available (or are not yet generally available to customers) and may not be delivered when expected or at all. Customers who purchase Palo Alto Networks applications should make their purchase decisions based on services and features currently generally available.
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SOURCE Palo Alto Networks, Inc.
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https://www.mysuncoast.com/prnewswire/2022/06/14/palo-alto-networks-wins-2021-google-cloud-technology-partner-year-award-security/
| 2022-06-14T16:38:50Z
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Hells Angels shoot Vagos bikers on highway; several injured, police say
LAS VEGAS (KVVU/Gray News) - Members of the Hells Angels motorcycle club reportedly attacked a group of bikers from a rival club over Memorial Day weekend on a highway outside of Las Vegas.
Authorities said the shooting took place on U.S. 95 in Henderson, about 25 minutes from Las Vegas, where seven people were injured, as reported by KVVU.
According to a Henderson Police Department arrest report, Hells Angels members shot two Vagos members on the highway. Six people were transported to the hospital, with two suffering critical injuries. Another person was also self-transported with non-life-threatening injuries.
Henderson police said Richard Devries, 66, Stephen Alo, 46, and Russell Smith, 26, were arrested in the shooting and have Hells Angels motorcycle club connections.
Police said Vagos members were riding the Flags Over Dam ride that day that started in Boulder City. The group was at the Veteran’s Memorial Cemetery when Hells Angels bikers were also seen.
According to the police report, five bikers from the Hells Angels drove through the cemetery and began to cause problems.
Later, the Vagos riders were reportedly traveling on the highway when multiple Hells Angels members rode up to them, according to police. The Hells Angels bikers then began to kick Vagos riders, and a Hells Angels member stood up on a motorcycle and began shooting.
Boulder City police said multiple Hells Angels members were at a cafe earlier that day. They identified the members as Devries, the Hells Angels Las Vegas chapter president, and Alo and Smith as Hells Angels prospects. A fourth Hells Angels member was also listed as being at the cafe.
According to the police report, authorities used cellphone data to track the movement of the select Hells Angel bikers that placed them on the highway at the location and time of the shooting.
Devries, Alo and Smith face multiple charges from the incident that include six counts of attempted murder with a deadly weapon.
Officials did not release any further immediate details on the condition of the people injured.
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/06/01/hells-angels-shoot-vagos-bikers-highway-several-injured-police-say/
| 2022-06-01T21:53:53Z
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California heritage design and considered craftsmanship combine in an assortment of timeless pieces
CHICAGO, May 5, 2022 /PRNewswire/ -- Today, high-design home destination CB2 debuts its latest collection in partnership with Los Angeles-based design brand Lawson-Fenning. Drawing on the rich history of California design and the area's wealth of natural materials, founders Glenn Lawson and Grant Fenning designed versatile and timeless pieces that invite fluidity between indoor and outdoor living.
"Lawson-Fenning designs are a perfect blend of California modernism, design heritage and artisanal craft. It's an ethos we're excited to bring into our brand and, with it, continue to evolve," said Ryan Turf, President of CB2. "The collaboration features beautiful, functional pieces that spotlight materials and craftsmanship. And like the full breadth of our assortment, they're designed to stand the test of time."
Each piece in the collection—which spans both indoor and outdoor living and dining along with office, bedding, lighting, tabletop and decor—is thoughtfully pared down to its base elements, exposing joinery, highlighting finishes, and allowing the simplicity of materials and pure craftsmanship to make a statement. The result is a selection of thoughtfully crafted pieces that evoke both an awe-inspiring natural vista and the clean lines of modern architecture.
"Our collection for CB2 is an expression of our love affair with California living, and a tribute to the quality and craft of California furniture and the refined '60s and '70s California aesthetic," said Glenn Lawson. "The collection is a continuation of the design practice that we've been honing over the last 20-plus years. This is the purest expression of our line," added Grant Fenning.
The color palette for the collection was pulled from topographic aerial photography of the California coast and focuses on earth tones and landscape colors. More than 50 unique products comprise the Lawson-Fenning for CB2 collection, which includes six made-to-order upholstery selections. Highlights include:
- Indoor/Outdoor Living - The collection embraces the fluidity of indoor/outdoor living with pieces such as the Seahaven Sofa and Lounge Chairs, with their unique massing and generous proportions not often seen in outdoor furniture.
- Luxury Dining and Serverware - The Half Moon Dining Chair and Counter Stools pair high-end materials—such as FSC®-certified solid black American walnut with channel-tufted cotton velvet upholstery and striking brass details—resulting in an effortlessly luxurious feel. Pair with the collection's new Sojourn Oat Dinnerware to perfectly complement the setting.
- Organic Elements - Organic shapes and natural elements are the basis of this collection. The flowing silhouettes of the Muir Curved Sofa and Swivel Chair were directly inspired by the topography of Southern California. Similarly, the travertine El Verano Coffee Table carves a hard material into a soft, organic shape.
- Detailed Construction - Exacting, handcrafted execution is showcased in pieces like the Ventura Notched Bookshelf which features glides made of FSC®-certified white oak, and the Point Dume Game Table and Chess Set which uses dovetail joinery to further profile the FSC®-certified mahogany and walnut.
- Limited-Edition Art by Todd Magill - For the art in this collection, Lawson-Fenning reached out to Todd Magill, a menswear designer and friend. Magill's use of strong, uninhibited tones rooted in geometric abstraction also calls back to the '60s aesthetic of muted-yet-bold colors and clean lines— blending seamlessly with pieces across the collaboration.
The collection is available exclusively at cb2.com, with products ranging in price from $7.95 to $3,999.
About CB2
CB2 is transforming the perception of home design for today's modern consumer by offering attainable, high-quality, sophisticated design. The brand is today's destination for timeless-yet-edgy home collections, creating furniture and decor to inspire creativity and celebrate individuality with an eclectic mix of products and decorating ideas. In addition to being a leader in online retail, CB2 is expanding its physical footprint and currently has 24 locations across the U.S. and Canada. CB2 is part of Crate & Barrel Holdings, which is owned by The Otto Group, a global retail and services group based in Hamburg, Germany. For more information, visit cb2.com or follow us on Instagram or Pinterest.
About Lawson-Fenning
Lawson-Fenning is a California-based design brand specializing in new and midcentury furniture and accessories that are all designed and crafted in Los Angeles. Since its launch in the late 1990s by co-founders Glenn Lawson and Grant Fenning, the brand has cultivated unique relationships with local fabricators, welders, and upholsterers to establish a reputation as a brand that provides high-quality craft pieces to both local consumers and the larger design community. Lawson-Fenning operates a two-story Melrose Avenue flagship store, along with a West Hollywood-based warehouse that serves the trade community. The showroom inventory includes curated vintage finds, the LF Collection, and pieces from designer collaborations, including one-of-a-kind ceramics, lighting, and furniture. @lawsonfenning
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https://www.wibw.com/prnewswire/2022/05/05/cb2-introduces-exclusive-collection-with-lawson-fenning-inspired-by-blurring-boundaries/
| 2022-05-05T13:45:11Z
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Man laughs when telling officers he buried father’s dog alive, police say
Published: May. 17, 2022 at 11:13 AM CDT|Updated: 5 minutes ago
CLEARWATER, Fla. (Gray News) - Police in Florida arrested a man after officers said he admitted to burying his father’s dog alive.
The Clearwater Police Department announced on Facebook that 33-year-old Tyler Crevasse was charged with cruelty to animals on Sunday.
Police said Crevasse laughed while telling investigators how he wrapped an older poodle mix named Fuzzy in a wet blanket before burying the dog.
Crevasse was also charged with domestic battery, as officers said he attacked his father after being confronted about what he did to the animal.
Pinellas County records show Crevasse remains in jail as of Tuesday morning.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/05/17/man-laughs-when-telling-officers-he-buried-fathers-dog-alive-police-say/
| 2022-05-17T16:20:19Z
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One study highlight reveals that many parents might not understand how far behind students are academically
SALT LAKE CITY, June 27, 2022 /PRNewswire/ -- Instructure, the makers of Canvas, today released its 2022 State of Teaching and Learning in K-12 research report, which provides insight into the latest trends in K-12 education. As educators move into a post-pandemic era, new educational technologies and instructional strategies have evolved teaching and learning at an unprecedented pace. However, the impact of COVID-19 is still affecting students' engagement, motivation and achievement, and the lasting impact on teachers is perhaps greater than ever before.
The study revealed that parents might not understand how far behind students are academically. A small share of parents (27%) believes their children have fallen behind significantly or majorly, whereas administrators and teachers are significantly more likely to believe so (51% and 62%, respectively). Similarly, parents don't seem to realize how much engagement has been impacted. Only half of parents (45%) say that maintaining engagement has been difficult compared to a large majority of administrators and teachers (77% and 81%, respectively.)
"The K-12 community has faced immense challenges over the span of multiple school years," said Trenton Goble, VP of K-12 Strategy at Instructure. "However, educators and students have continued moving forward, adapting to change and evolving their practices. As school districts plan for the next school year and beyond, we hope district leaders, school administrators and teachers will find the information helpful as they reflect on how best to engage students, support their schools and improve the learning journey for every student."
The research revealed six key trends that parents and educators across the country feel are important to teaching and learning in K-12 education:
1. High-quality teaching is the key ingredient to high-quality learning.
Parents want to know that when their kids are in school, they're with teachers who care about their overall wellbeing and have the knowledge and resources to support their learning.
- An overwhelming 95% of parents and educators agree that student-teacher relationships are one of the most impactful social/emotional factors on student success. There is nearly universal consensus among administrators (97%) and teachers (98%).
- Nearly all administrators and teachers agree that high-quality staff (97% and 98%, respectively) and engaging instruction (96% and 97%, respectively) have the most impact on student success.
2. Student engagement is (still) the No. 1 measure of success.
Educators continue to find student engagement (94%) and attendance (91%) are the most important metrics for measuring student success and are expected to be the most important over the next year (73% and 66%, respectively) – findings consistent with 2021 respondents. At the same time, there is a renewed focus on academic student achievement. Technology that supports engagement continues to play an important role in teaching and learning.
3. Changes need to be made in the way we approach assessment.
While teachers and students continue to feel pressure around high-stakes standardized tests, their perceived value continues to decrease. While standardized test scores remain the least important measure of student success among educators and parents, their relative importance has increased since 2021. School districts are increasingly taking a balanced approach to assessment.
- In terms of measuring student success, respondents perceive standardized test scores as the least important among 14 factors, at only 37% (up from 29% in 2021).
- For parents, standardized test scores are the least important factor when assessing their child's success at 41%, a decrease of 22% from our 2021 study (63%).
4. Both hybrid and digital teaching and learning are here to stay.
With the return to in-person learning, the continued use of technology in the classroom supports innovative pedagogical strategies that prepare students for 21st-century skills. We anticipate hybrid teaching and learning to be the new normal for schools and districts moving forward.
- Some 90% of parents, 91% of administrators and 94% of teachers agree that personalized instruction has an impact on student success. And 68% of parents believe technology is beneficial in providing access to individualized programs.
- Self-paced learning is also top of mind for many, with 84% of parents, 71% of administrators and 77% of teachers agreeing it's at least moderately impactful when it comes to success.
5. Strides are being made in achieving educational equity, but there's still work to do.
While the pandemic exposed many of the inequities in K-12 education, it also forced educators to address such inequities. Funding from the CARES and CRRSA COVID relief packages provided the funds needed to adopt technology that supports equitable learning experiences for all students.
- Funding to facilitate digital learning, (2021: 52% 2022 63%; increase of 11%) is expected to remain a top priority for future funding.
- Despite such funding, 20% of administrators and 31% of teachers still report that insufficient equipment or lack of access to devices is a top challenge or concern with technology solutions. Notably, the percentage of respondents reporting this concern decreased from 39% in 2021.
- While the majority of parents in 2021 expressed that their children received support from their district in the form of tools/devices (56%), the number dropped in 2022 to 44%.
6. Technology is no longer a "nice-to-have." It's essential to innovative K-12 pedagogy.
Technology's most important role and its principal benefits continue to be rooted in its ability to help recreate core classroom experiences like communication and high-quality instruction.
- Eighty-eight percent of respondents agree that the availability of technology has an impact on student success, while 86% believe the use of educational technology resources impacts success.
- Usage has increased for assessment management systems. Some 69% of administrators and 53% of teachers report using such a system in 2022, compared to only 41% of educators reporting the same in 2021.
- Parents assess tech to be similarly important to all aspects of the learning experience (67%-80%), but student and parent communication rank as most important (80, 79%, respectively).
Research Methodology
Instructure developed the State of Teaching and Learning in K-12 Education survey in coordination with Hanover Research. The survey was fielded in March 2022 and was cleaned and analyzed by Hanover Research. After fielding and data cleaning, the study consisted of 1,379 qualified, completed responses from 498 parents, 533 teachers and 378 school or district-level administrators. The data cut into crosstabs by role, region and district urbanicity. We performed statistical significance testing across segments with a 95% confidence level using a Z-Test with p = less than 0.05 and a margin of error +/- 1% for the overall sample size. For any questions regarding the underlying methodology or data, please contact us at studentsuccess@instructure.com.
ABOUT INSTRUCTURE
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.
FORWARD-LOOKING STATEMENTS
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 most recent Annual Report on Form 10-K and subsequent Quarterly Report on Form 10-Q and other documents filed with the Securities and Exchange Commission 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.
CONTACT:
Brian Watkins
Corporate Communications
Instructure
801-610-9722
brian.watkins@instructure.com
SOURCES: Instructure, Canvas
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https://www.kxii.com/prnewswire/2022/06/27/instructure-releases-annual-state-teaching-learning-k-12-research-that-explores-new-normal-education-us-schools/
| 2022-06-27T11:34:44Z
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Turner wins class A state slow pitch championship
OKLAHOMA CITY, Okla (KXII) - The Turner Lady Falcons won the Class A state slow-pitch championship with a 7-4 win over Lookeba-Sickles.
Turner won three games in one day on their way to the first slow pitch title in school history. Turner beat Roff in the quarterfinals, then Whitesboro in the semifinals, before beating Lookeba-Sickles in the title game in Oklahoma City.
Adison Lee/Turner Sophomore
“It feels really good,” infielder Adison Lee said. “We’ve worked for this all season. You know it just feels really good to finally get it done. It’s been a long time since we’ve been state champions.”
“I’ve been in this business for about 25-years and it’s my first one,” Turner head coach Shane Hill said. “I’ve been runner-up about four times and I was tired of watching people celebrate on me.”
“We have two seniors and a whole lot of sophomores and freshman and we just got it done,” infielder Karlee Russell said. “It feels amazing, it’s a way to go out my senior year. Last game of softball ever, way to take it.”
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/05/04/turner-wins-class-state-slow-pitch-championship/
| 2022-05-04T05:31:31Z
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Woman wanted ex-fiance ‘6 feet under,’ arrested after hiring hitman, police say
COLORADO SPRINGS, Colo. (KRDO) - A woman in Colorado has been charged with attempting to hire an undercover cop to kill her former fiance.
“In the last 20, almost 30 hours, everything has just completely changed,” Timothy Hanes said.
Hanes said his former fiancee, 33-year-old Vanessa Lavaty, was the love of his life. But that was before Colorado Springs police informed him she tried to give an undercover cop $500 to murder him.
“She contracted to have me killed. I haven’t slept since I found out about this,” Hanes said.
According to arrest documents, Lavaty told another man, her current boyfriend, that she wanted Hanes “six feet under.”
Lavaty’s boyfriend reportedly told police he originally didn’t believe her until she continued to bring up wanting her ex-fiance dead. He then contacted police, who set up an undercover operation.
The arresting officer in the case said Lavaty went to a Wells Fargo bank to withdraw cash, and she gave an undercover officer $500 as a down payment for the hit, with the understanding that Hanes was going to be murdered.
Arrest documents say Lavaty told the undercover officer the hit had “been on her mind for over a year.”
“The safety of my daughter is the only thing that’s going through my mind right now. It’s the only thing that matters to me,” Hanes said.
On Wednesday, a judge granted Lavaty a $75,000 bond.
“I have to worry about what is good for my daughter now and make sure that I’m in that courtroom to tell the judge that there’s no way that she should have a right to roam free until she gets the help she needs,” Hanes said.
According to an affidavit, the undercover cop said Lavaty thought he had “connections” to people who would complete a murder for hire because of his criminal background.
Lavaty was also reportedly prepared to pay up to $4,000 for the hit.
Copyright 2022 KRDO via CNN Newsource. All rights reserved.
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https://www.kxii.com/2022/05/21/woman-wanted-ex-fiance-6-feet-under-arrested-after-hiring-hitman-police-say/
| 2022-05-21T19:44:58Z
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AUSTIN, Texas, Sept. 2, 2022 /PRNewswire/ -- BeatBox Beverages, The World's Tastiest Party Punch, is now the official party punch of Oklahoma State University Athletics. Peach Punch, Tropical Punch, and Juicy Mango are available at Boone Pickens Stadium, Gallagher-Iba Arena, Cowgirl Stadium, and O'Brate Stadium. BeatBox will have year-round brand visibility and availability for all spectators at Cowboy and Cowgirl sporting events.
This three-year partnership kicks off the Cowboy's football season at the home opener under the lights on September 1st. At home games fans, 21 and older, can visit the on-site BeatBox activation outside the West endzone for product sampling, music, giveaways, and fun.
In addition to in-stadium and outside activations, BeatBox will utilize media and broadcast integrations across digital, print, and radio campaigns to amplify the partnership with OSU.
"As we continue to expand our partnerships beyond major national music festivals, we are constantly searching for new and exciting ways to integrate our product responsibly by connecting fans and bringing people together. And what brings people together more than cheering for their favorite team while enjoying BeatBox? Our partnership with Oklahoma State University gives consumers another fun place to drink the world's tastiest party punch," says Zech Francis, VP of Global Marketing.
BeatBox Beverages, one of the fastest growing RTD brands of 2022, is currently available in more than 40,000 retail locations. The brand is the fastest growing alcoholic beverage brand on social media and has reached over 6 million customers at festivals and events to date in 2022.
"We could not be more excited to partner with OSU Athletics & Learfield Cowboy Sports Properties for the upcoming football and athletics seasons. BeatBox has deeply invested in its consumers through an all-inclusive customer experience so it was a natural fit to partner with OSU athletics as we continue to expand to new platforms and avenues to spread the BeatBox love," said Phil Jamison, VP of Sales - North America.
About BeatBox Beverages:
United through a love of music and inspired by the entrepreneurial spirit of Austin, Texas, the founders of BeatBox Beverages set out to create something that could help everyone #PartyBetter. One year later, they made Shark Tank, walking away with the biggest investment the show had made at that time, $1million from Mark Cuban. Later adding on a team of industry veterans from InBev, MillerCoors, Deep Eddy, and Tito's Handmade Vodka, to name a few – who know how to develop, launch, and quickly grow authentic brands. Boasting a roster of investors including Mark Cuban, Rob Dyrdek as well as DJs Party Favor, Louis The Child, Good Times Ahead, and many others. BeatBox Beverages' reputation is secured as a company that creates products that drive incremental profit in high-growth categories with specific expertise in the Millennial and Gen Z target.
CONTACT: Taylor Foxman, +1-609-432-2237, taylor@theindustrycollective.org
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https://www.kxii.com/prnewswire/2022/09/02/beatbox-beverages-worlds-tastiest-party-punch-is-now-official-party-punch-oklahoma-state-university-athletics/
| 2022-09-02T14:27:10Z
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NEW YORK, July 5, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE: TUP) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 22-cv-04976, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Tupperware securities between November 3, 2021 and May 3, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Tupperware securities during the Class Period, you have until August 15, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Tupperware operates as a consumer products company worldwide. The Company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On May 4, 2022, Tupperware announced its financial results for the first quarter of 2022. Among other items, Tupperware reported adjusted earnings per share from continuing operations and net sales that fell well short of consensus estimates and withdrew its full year 2022 guidance and named a new Chief Financial Officer. The Company attributed the poor performance to the conflict in Russia and Ukraine. However, when pressed by analysts on a conference call, the Company acknowledged that Russia and Ukraine only accounted for 2% of its revenue.
On this news, Tupperware's stock price fell $5.76 per share, or 32.16%, to close at $12.15 per share on May 4, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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https://www.mysuncoast.com/prnewswire/2022/07/06/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-tupperware-brands-corporation-class-action-lawsuit-upcoming-deadline-tup/
| 2022-07-06T03:06:43Z
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WEST PALM BEACH, Fla. (AP) — A passenger with no flying experience radioed an urgent plea for help when the pilot of a small plane suddenly fell ill off Florida’s Atlantic coast, and was able to land the plane safely with the help of air traffic controllers.
“I’ve got a serious situation here,” the man said Tuesday afternoon, according to audio on LiveATC.net, a website that broadcasts and archives air traffic controller communications. “My pilot has gone incoherent. I have no idea how to fly the airplane.”
An air traffic controller in Fort Pierce responded, asking if he knew the position of the single-engine Cessna 280.
“I have no idea. I can see the coast of Florida in front of me, and I have no idea,” the passenger said.
According to Flight Aware, the plane had taken off earlier Tuesday from Marsh Harbour International Airport in the Bahamas.
As the plane flew over Florida, the controller, speaking very calmly, told the passenger to “maintain wings level and try to follow the coast, either north or southbound.” Twin controls enable a Cessna 280 to be steered from the passenger seat.
Minutes passed before controllers were able to locate the plane, which by then was heading north over Boca Raton.
Then the man’s voice seemed to fade, so the controller in Fort Pierce asked for the passenger’s cellphone number to enable controllers at Palm Beach International Airport to communicate with him more clearly.
Air traffic controller Robert Morgan, a 20-year veteran, took over at that point, talking the passenger down to a safe landing.
“Kudos to the new pilot,” one controller told him after the plane smoothly wheeled down the tarmac.
Morgan told television station WPBF he felt like he was in the right place at the right time.
“I knew the plane was flying like any other plane. I just had to keep him calm, point him to the runway and just tell him how to reduce the power so he could descend to land. It felt really good to help someone,” Morgan said.
Federal Aviation Administration spokesman Rick Breitenfeldt confirmed that the pilot and passenger were the only two people aboard. The agency is investigating, he said in an email. There was no immediate word on the condition of the pilot and authorities did not release their identities.
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https://cw33.com/strange-news/ap-strange-news/pilot-down-passenger-takes-over-with-no-idea-how-to-fly/
| 2022-05-11T21:28:10Z
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WEST HILLS, Calif., April 11, 2022 /PRNewswire/ -- This week, Westwood Insurance Agency proudly announced its renewed commitment to HomeAid and the fight to end homelessness. Westwood began working with HomeAid in 2019 and will once again join HomeAid's efforts as a silver-level sponsor.
HomeAid is a leading national non-profit provider, which serves to help people experiencing or at risk of homelessness build new lives through construction, community engagement, and education. HomeAid uses the power of collaboration with local and national builders, trades, suppliers, and community partners to maximize resources and expertise for non‐profit service providers to create safe and dignified housing and programmatic facilities for those without a home. Its efforts have provided housing and resources to over 520,000 people who are without a home.
President of Westwood Alan Umaly, who also sits on HomeAid's Board of Directors, has spoken about the importance of HomeAid's cause and how it connects with Westwood's own mission. "As an insurance agency dedicated to helping people protect what matters most, we know how important a home is."
Umaly's enthusiasm filters across the company. In addition to the corporate $25,000 contribution, employees have made individual donations to supply personal hygiene kits and household supplies. In 2022, every bit of help is appreciated, as the pandemic and its aftermath have caused homelessness to become more widespread. Umaly reflected, "We're proud and honored to support HomeAid and make a difference in the lives of so many."
Westwood's donation and commitment to HomeAid provide tangible resources that allow the non-profit to provide housing, life-changing programs, and the physical and emotional support needed to help people get back on their feet. "I could not be more grateful for the support and leadership from Westwood Insurance Agency in HomeAid's mission," said HomeAid CEO Scott Larson. "It is only through the engagement and collaboration from our partners that we can achieve HomeAid's vision of building a future without homelessness."
About HomeAid
Founded in 1989, HomeAid develops, builds, and preserves a variety of housing, including emergency, interim, transitional, permanent supportive, and affordable housing through its 19 affiliates in 13 states. HomeAid partners with hundreds of nonprofit organizations nationwide that provide housing and support services.
HomeAid has completed 1,043 housing and outreach projects with a value of more than $315 million. HomeAid has added over 12,600 beds that have served over 520,000 previously homeless individuals. For more information, visit www.homeaid.org.
About Westwood Insurance Agency
Westwood Insurance Agency is one of the largest personal lines agencies in the United States, having helped more than a million people protect what matters most since its founding in 1952. As a full-service agency, Westwood offers a complete array of personal, commercial, and surplus line products. Westwood partners with the world's leading insurance companies to offer its customers choice and competitively priced insurance products. For more information, visit http://www.WestwoodInsurance.com.
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https://www.wibw.com/prnewswire/2022/04/11/westwood-insurance-agency-renews-homeaid-sponsorship-commitment-ending-homelessness/
| 2022-04-11T14:11:07Z
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NEW YORK, Aug. 4, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ALNA, EMBK, AMC, LCID, and APDN.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- ALNA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ALNA&prnumber=080420225
- EMBK: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=EMBK&prnumber=080420225
- AMC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AMC&prnumber=080420225
- LCID: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=LCID&prnumber=080420225
- APDN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=APDN&prnumber=080420225
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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https://www.kxii.com/prnewswire/2022/08/04/thinking-about-buying-stock-allena-pharmaceuticals-embark-technology-amc-entertainment-lucid-group-or-applied-dna-sciences/
| 2022-08-04T15:47:51Z
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DALLAS (KDAF) — Free beer because of Texas teams winning their college football games? My goodness, this fall might just start off with a college football and beer-filled bang! “Texas fans may not agree on teams, but they do agree gamedays go better with an ice cold beer,” Bud Light tweeted.
Bud Light is taking the challenge to Texas college football teams and fans to set rivalries aside and cheer on state-side teams for a great cause: free beer. The beer company says, “The challenge is simple: If the #TXTeams ranked in the top 100 come out of kickoff weekend with a winning record, Bud Light will throw a Texas-sized celebration, allowing fans 21+ to grab a beer on Bud Light in select bars in college football towns across the state.”
Naturally, it seems Texas has the most teams of any state across the country and as the college football season kicks off, games will take place across the Lone Star State all Sep. 10th weekend long. Here’s where North Texans can expect to celebrate if the Texas teams prove victorious:
Dallas
- STAN’S BLUE SHED
- NODDING DONKEY
- BARLEY HOUSE
- MILO BUTTERFINGERS
- HENDERSON TAP HOUSE
- KATY TRAIL ICE HOUSE\
Denton
- LUCKY LOU’S
- RT’S NEIGHBORHOOD BAR
- EAST SIDE SOCIAL CLUB
- TWO CHARLIES
- THE DIVE
For more information visit: budlight.com/TXTeams
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https://cw33.com/sports/if-texas-college-football-teams-win-bud-light-will-give-texans-free-beer-heres-how/
| 2022-08-18T20:42:56Z
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NEW YORK, June 27, 2022 /PRNewswire/ -- The Execu|Search Group, a leading recruitment, contract staffing, consulting, and workforce solutions company with offices throughout the U.S., is pleased to announce that its new name is Tandym Group. The name change follows an extensive rebranding effort to reflect the company's significant growth history and establishment as a national staffing and consulting partner to clients and candidates across a broad range of industries. The new identity captures the creative, highly flexible and solutions-oriented manner in which the company works in tandem with clients and candidates alike; bringing the two together in an increasingly complex skilled workforce environment. The rebranding unites all business verticals—Tandym Health, Tandym Life Sciences, Tandym Pro, and Tandym Tech—under one brand with dedicated focus and resources aligned with a common corporate mission.
"Our rebranding is more than a new name, logo, and color palette. It's an opportunity for us to better communicate our strategic vision and the ways in which we support our clients in navigating the constantly changing and demanding labor and business markets," said Dolinko. "We have grown over the last three decades, diversifying and deepening our expertise while expanding into a national footprint. Through this evolution, we've always worked alongside our client and candidate partners with a consultative approach—and our brand needed to reflect that. Our new name perfectly aligns our identity with the highly personalized service our clients and candidates expect from us."
Kyle Mattice, Chief Commercial Officer of Tandym Group, added, "Today is a landmark event for our company. Our name served us well for many years, but it was time for our brand to catch up to who we are today and where we are going in the future. The new brand represents our mission, vision and values, which center around serving our clients as a true partner, helping them accomplish their goals."
Tandym Group's Executive Chairman, Charles Heskett, said "Our rebranding is rooted in our continued commitment to our clients and the renewal of our corporate vision. The name 'Tandym' captures the concepts of interaction and connectedness, core to our capabilities and a reflection of our priorities."
The following are additional datapoints highlighting the brand's connection to Tandym's partnership-driven approach of doing business:
- Name: The name, Tandym Group, is rooted in the company's commitment to being a true partner, working in tandem with clients and candidates alike to navigate the peaks and valleys of the skilled workforce market.
- Logo: The logo features two hexagons linked side-by-side to form an infinite loop of growth and opportunity.
- Website: At a new URL, tandymgroup.com, the website features a revamped brand aesthetic and directs users to dedicated sites for each Tandym vertical: tandymhealth.com, tandymtech.com, tandymlifesciences.com, tandympro.com
Tandym Group is a leading recruitment, contract staffing, and workforce solutions company with offices throughout the U.S. The company serves clients across a broad range of verticals, including Healthcare, Technology, Life Sciences, and Professional Services (which includes Accounting, Financial Services, HR/People & Operations, and Legal).
MEDIA CONTACT: Stephanie Klemperer, (212-871-0607), stephanie.klemperer@tandymgroup.com
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https://www.wibw.com/prnewswire/2022/06/27/execusearch-group-is-now-tandym-group/
| 2022-06-27T15:29:20Z
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NEW YORK, May 14, 2022 /PRNewswire/ --
Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Redbox Entertainment Inc. (RDBX), relating to its proposed acquisition by Chicken Soup for the Soul Entertainment, Inc. (CSSE) Under the terms of the agreement, RDBX shareholders will receive 0.087 shares of CSSE per share they own. Click here for more information: http://monteverdelaw.com/case/redbox-entertainment-inc. It is free and there is no cost or obligation to you.
About Monteverde & Associates PC
We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2021 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.
If you own common stock in RDBX and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2022 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
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https://www.mysuncoast.com/prnewswire/2022/05/14/shareholder-alert-mampa-class-action-firm-announces-an-investigation-redbox-entertainment-inc-rdbx/
| 2022-05-14T05:30:00Z
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2 children, woman killed by gunman at Russian kindergarten
MOSCOW (AP) — A gunman on Tuesday killed two children and a staff member at a kindergarten in central Russia, authorities said.
A man entered the kindergarten in the town of Veshkayma and shot a female staff member and two children, ages 5 and 6, before shooting himself, said Sergei Morozov, a federal lawmaker and the former governor of the Ulyanovsk region, where the killings took place.
One other staff member was wounded, according to local health officials. The motive of the gunman remained unclear. Ulyanovsk human rights envoy Sergei Lulkov told the Interfax news agency that the man had no relation whatsoever to any of the victims.
Russia’s human rights ombudswoman Tatyana Moskalkova identified the perpetrator as a 26-year-old mentally ill man. Ulyanovsk lawmaker Boris Stolypin told the Russian state Tass news agency that the gunman stole the weapon — an IZh-26 hunting gun — from another man, whom he also killed.
Police have launched a criminal investigation into the shooting, and Ulyanovsk authorities have promised to pay families of the victims 1 million rubles (about $49,000).
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/04/26/2-children-woman-killed-by-gunman-russian-kindergarten/
| 2022-04-28T13:38:16Z
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$4.5 million overhaul will enable residents to enjoy beautiful, affordable homes for years to come
Supportive services, arranged in partnership with community organizations, are expanding access to healthcare and improving quality of life for residents
COVINGTON, Ky. , Aug. 1, 2022 /PRNewswire/ -- Fairstead, a purpose-driven, vertically integrated real estate company committed to sustainable development and the creation and preservation of high-quality housing, joined City of Covington Mayor Joseph U. Meyer and the Kentucky Housing Corporation to celebrate the completion of a $4.5 million overhaul of Colony Apartments with a Community Day and ribbon cutting. Residents of the 137-unit senior housing complex will enjoy major home upgrades, including new kitchens, bathrooms, cabinetry, energy-efficient appliances, and lighting, as well as lower monthly utility bills. Fairstead also partnered with local organizations to bolster on-site support services at the property, located at 3800 Locke Street in central Covington, KY.
The comprehensive renovations mark a new beginning for the 43-year-old property. The Community Day celebration brought together residents and community leaders for an afternoon of entertainment and food in honor of the landmark effort. Colony residents had access to free health screenings through community partners and enjoyed local food trucks, a DJ, a magic show, and succulent planting.
"With the help of Kentucky Housing Corporation and Mayor Joseph Meyer, Fairstead has been able to preserve affordable housing and provide residents with important social services to enhance quality of life," said Bobby Byrd, Managing Partner, Development at Fairstead. "Affordable housing for seniors has become a precious resource. We want our seniors to be able to age in place with dignity and live independently for as long as possible. Our work at Colony is a great example of how we are doing this across the nation."
"In this chapter of their lives, our oldest residents deserve to live in a place they're proud to call 'home,' a place that feels like community and that brings them peace and comfort," Covington Mayor Joe Meyer said. "The City of Covington was proud to support Fairstead's work to elevate the physical surroundings and thus the living conditions at the Colony Apartments here in Latonia to ensure that this vibrant complex is such a place. Congratulations to all."
Financing for the rehabilitation of Colony Apartments came from the Kentucky Housing Corporation, Capital One, and Boston Financial.
"Kentucky Housing Corporation was proud to participate in the revitalization of the Colony Apartments by providing $662,000 in Low Income Housing Tax Credits and $13.5 million in tax exempt bonds. This project breathes new life into a 43-year-old building, providing Kenton County residents access to more affordable, safe, stable housing. We commend Fairstead and all of the partners on this project and look forward to the grand reopening," said Winston Miller, Executive Director and CEO of the Kentucky Housing Corporation.
"It's an exciting milestone to see the renovations completed at Colony Apartments, which will ultimately drive better outcomes for the community's residents," said Evan Williams, Capital One Senior Vice President of Agency Finance. "The energy savings and ADA compliance upgrades are evidence of Fairstead's commitment to preserving quality affordable housing for the senior population in Covington, Kentucky."
"Boston Financial is proud to have partnered with Fairstead on the preservation of Colony Apartments in Covington, Kentucky," said Steven Napolitano, Senior Vice President, Boston Financial. "Our investment has helped Fairstead to modernize 137 units of housing for seniors, strengthened their community through tailored on-site services, and preserved much-needed affordable homes for future seniors in the region. We believe in Fairstead's commitment to building vibrant communities across the US, and our work together reinforces our own vision to create a future where everyone has a home, one investment at a time."
Renovations of the 137 apartments included new kitchens and bathrooms with new cabinetry, energy-efficient appliances, and lighting. Fairstead also replaced all the windows, roofs, and HVAC systems, as well as a renovating the community room and business center. The outdoor area now features a new gazebo and landscaping improvements, such as new trees and plantings. Fairstead also boosted security measures at the property by adding new lighting and a state-of-the-art camera system.
Supportive services are improving access to care for residents, including through community events, food access, civic engagement, educational opportunities, healthcare, security, and more. The on-site property management and social services team has developed relationships and programming with a diverse range of partner organizations to ensure residents' needs are met, including the Health Alliance and the Senior Resource Center.
The reopening comes as Fairstead works to complete a $12 million overhaul of the nearby Cambridge Square apartment complex in a deal that also extended the property's affordability for years to come. The residential community, comprised of 200 affordable apartments, includes gut renovations for every home, as well as improvements to the façade and buildings systems.
Fairstead is a purpose-driven vertically integrated real estate developer specializing in creating sustainable, high-quality housing. The firm's national footprint includes more than $6 billion in assets and identified pipeline. With offices in New York, Maryland, and South Carolina, Fairstead's team manages 90+ communities across the country and runs its comprehensive real estate platform, which includes acquisitions and development, venture capital investments in prop tech, design and construction, energy and sustainability, property management, marketing, and leasing. The firm also administers one of the industry's most proactive community impact programs to provide on-site support services to residents. For more information, visit www.fairstead.com.
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https://www.mysuncoast.com/prnewswire/2022/08/01/fairstead-city-covington-celebrate-colony-apartments-with-community-day-ribbon-cutting/
| 2022-08-01T16:59:31Z
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– Company Also Announces Participation in the BTIG Biotechnology Conference and the Stifel Biotech Summer Summit –
SEATTLE, Aug. 1, 2022 /PRNewswire/ -- CTI BioPharma Corp. (CTI BioPharma) (NASDAQ: CTIC) today announced that management plans to report its second quarter 2022 financial results on Monday, August 8, 2022, after the close of the U.S. financial markets. Following the announcement, members of the management team will host a conference call and webcast to discuss the results and provide a general corporate update at 4:30 p.m. ET (1:30 p.m. PT).
To access the live call by phone please dial (888) 317-6003 (domestic) or (412) 317-6061 (international); the conference ID is 0078819. A live audio webcast of the event may also be accessed through the "Investors" section of CTI's website at www.ctibiopharma.com. A replay of the webcast will be available for 30 days following the event.
August Conferences
CTI BioPharma also announced that it will participate in one-on-one meetings at the BTIG Biotechnology Conference on August 9, 2022. Additionally, the Company will participate in a fireside chat and one-on-one meetings at the Stifel Biotech Summer Summit on Tuesday, August 16, 2022, at 11:00 am E.T.
The Stifel fireside chat will be webcast live and available for replay from the Investors section of CTI BioPharma's website at www.ctibiopharma.com.
About CTI BioPharma Corp.
We are a commercial biopharmaceutical company focused on the acquisition, development and commercialization of novel targeted therapies for blood-related cancers that offer a unique benefit to patients and their healthcare providers. CTI has one FDA-approved product VONJO® (pacritinib), a JAK2 and IRAK1, that spares JAK1. VONJO is approved for the treatment of adults with intermediate or high-risk primary or secondary (post-polycythemia vera or post-essential thrombocythemia) myelofibrosis with a platelet count below 50 × 109/L. This indication is approved under FDA accelerated approval based on spleen volume reduction. Continued approval for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial(s). CTI is conducting the Phase 3 PACIFICA study of VONJO in patients with myelofibrosis and severe thrombocytopenia as a post-marketing requirement.
VONJO® is a registered trademark of CTI BioPharma Corp.
CTI BioPharma Investor Contacts:
Argot Partners
+212-600-1902
cti@argotpartners.com
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https://www.mysuncoast.com/prnewswire/2022/08/01/cti-biopharma-report-second-quarter-2022-financial-results-august-8-2022/
| 2022-08-01T14:01:46Z
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Boy, 8, hospitalized after touching downed power line
WARREN, Mich. (WXYZ) - An 8-year-old boy was hospitalized in critical condition after police say he and a sibling touched a downed power line near a Michigan elementary school.
The incident happened just after 9 a.m. Tuesday as several children walked through a blocked-off area with damaged power lines outside McKinley Elementary School in Warren. Police say one damaged line hung several feet from the ground.
A witness described the scene as terrifying, saying the 8-year-old victim lifted the live power line, so his brother could walk through.
“His hands caught on fire,” the witness said.
Police already in the area for an unrelated call saw the boy clinging to a live wire.
“There was severe burns,” said Warren Police Department Commissioner Bill Dwyer.
Dwyer says officers pulled the boy and his 10-year-old brother, who was trying to help, off the wire and immediately rushed them to the hospital.
“They didn’t stop there. They didn’t wait for EMS. They didn’t wait for anybody. They immediately put that 8-year-old in their car and immediately, with lights and sirens going, took that 8-year-old along with a 10-year-old brother to Detroit Moross,” Dwyer said.
The 8-year-old was hospitalized in critical condition. His older brother was not seriously hurt but is still being evaluated. Two police officer were also checked out after they, too, came in contact with the power line.
Police say the two boys were mistakenly dropped off by a grandmother, who was unaware the school was closed due to a power outage.
Copyright 2022 WXYZ via CNN Newsource. All rights reserved.
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https://www.wibw.com/2022/08/31/boy-8-hospitalized-after-touching-downed-power-line/
| 2022-08-31T10:16:41Z
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MADRID (AP) — Four people were shot and another was injured by a knife at a nightclub in southern Spain, police said Monday. Two people have been arrested.
Two of those shot were in serious condition, police said in a statement. They are an Irish man and a woman.
The person who was stabbed is thought to have fired the shots and is under arrest. He is in serious condition with injuries to his chest and head, police said.
Later Monday, police said a second man, age 26, had also been arrested.
Police didn’t say what might have triggered the violence, which occurred after midnight Sunday in Marbella, a popular vacation town on Spain’s Costa del Sol. Police didn’t give the names of those involved.
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https://cw33.com/news/international/ap-international/4-shot-1-stabbed-at-spanish-nightclub/
| 2022-07-19T01:21:13Z
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Which Hamilton Beach stand mixer is best?
A stand mixer is essential for any aspiring baker. Instead of whisking, mixing and kneading by hand, which takes tremendous effort and time, you just plug in your machine and let it work for you.
Hamilton Beach stand mixers are among the best, with several options and pricing tiers to suit anyone’s needs and budget. The best of these is the Hamilton Beach All-Metal 12-Speed Stand Mixer, which has the capacity and power to easily make any recipe your heart and stomach desire.
What to know before you buy a Hamilton Beach stand mixer
Capacity
Capacity refers to the size of the mixing bowl included with your Hamilton Beach stand mixer. Most have capacities of 3.5-4.5 quarts, which is big enough to feed two or three people. If you need to feed larger groups, you’d be better off with a 6- or 7-quart model, but you need to look outside Hamilton Beach — they don’t offer such a size.
Wattage
Hamilton Beach stand mixer motors typically have 300- or 400-watt motors, with more watts equaling more power. These wattages should be more than enough to make most recipes, but if you intend to mix ultra-thick batters, you may want a stronger motor in an alternate brand.
That said, the mixer’s overall quality is also important when determining mixing ability. For example, a 400-watt Hamilton Beach stand mixer is better than a cheap 600-watt stand mixer from a brand no one has heard of.
Compatible attachments
Most Hamilton Beach stand mixers include a starter set of attachments: a whisk, dough hook and flat beater. These aren’t all a stand mixer is capable of using, though. In fact, there’s a shockingly long list of possible attachments, from meat mincer to pasta maker to juicer. However, most are built to match a specific brand or model — always double-check that your prospective attachment matches your mixer.
What to look for in a quality Hamilton Beach stand mixer
Speed settings
Better Hamilton Beach stand mixers have more speed settings, as more speed settings mean a higher degree of control over your recipe. The most basic of these mixers have only six settings, while the best have 12. Some also include a visual guide, printed above the speed settings, that helps you understand which recipes require which speeds.
Splash guard
Hamilton Beach stand mixers can get aggressive at their highest speeds, and that can cause thinner doughs to go everywhere. So the best models include a splash guard that attaches to the mixing bowl.
Some splash guards effectively seal the bowl off, which makes it challenging to add ingredients without turning the mixer off and removing the guard. The best guards have special slots for adding ingredients that still keep the dough from escaping.
How much you can expect to spend on a Hamilton Beach stand mixer
Hamilton Beach stand mixers typically cost $50-$250. Basic glorified hand mixers cost around $50, while average mixers cost $100-$150. The biggest and most powerful ones cost $200-$250.
Hamilton Beach stand mixer FAQ
Are Hamilton Beach attachments and bowls dishwasher-safe?
A. Most are, yes. In fact, most bowls and attachments of any brand are dishwasher-safe. That said, always double-check your user manual before tossing them in, as you could wind up ruining your brand-new gear.
Are the included attachments and the mixing bowl replaceable?
A. Yes. Hamilton Beach offers extra bowls and mixing attachments designed to fit your model. There are also plenty of third-party options — just make sure your prospective third-party mixing bowl is designed to work with Hamilton Beach stand mixers.
Is the height of the mixing head fixed?
A. That depends on your mixer. Some let you adjust the height, while others don’t. If your plan is to make nothing but small batches, consider purchasing a small-sized stand mixer and you may not need to worry about this.
What’s the best Hamilton Beach stand mixer to buy?
Top Hamilton Beach stand mixer
Hamilton Beach All-Metal 12-Speed Stand Mixer
What you need to know: This is the perfect choice for serious bakers.
What you’ll love: It comes with three mixing attachments and a 4.5-quart mixing bowl that locks into the base, plus a splatter shield for intense mixing. It has a 400-watt motor designed to last for years. Color options are black, red and white.
What you should consider: A few consumers found it difficult to work around the splatter shield. At its higher speeds, it can move and rattle a bit.
Where to buy: Sold by Amazon and Home Depot
Top Hamilton Beach stand mixer for the money
Hamilton Beach Six-Speed Stand Mixer
What you need to know: This budget mixer is great for small households or the occasional baker.
What you’ll love: It comes with a 3.5-quart mixing bowl and three mixing attachments — a whisk, beater and dough hook. It has a 300-watt motor and a mixing head that spins and rotates for a more even mix. It has an easy-to-use dial control and an illustrated speed guide printed above the dial.
What you should consider: The position of the head can make it difficult to add ingredients mid-mix.
Where to buy: Sold by Amazon and Home Depot
Worth checking out
Hamilton Beach Seven-Speed Stand Mixer
What you need to know: It’s an excellent midrange model for those who don’t need the power of larger mixers.
What you’ll love: It comes with a 4-quart mixing bowl with a splash guard that has an opening for adding ingredients mid-mix. It also includes three mixing attachments, uses a 300-watt motor and has a handle to easily move it from counter to storage. It comes in four colors.
What you should consider: This mixer requires a good amount of counter space, so those in small apartments may want to look elsewhere.
Where to buy: Sold by Amazon, Home Depot and Kohl’s
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Jordan C. Woika writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
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https://cw33.com/reviews/br/kitchen-br/hand-stand-mixers-br/best-hamilton-beach-stand-mixer/
| 2022-05-27T01:50:03Z
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TIFTON – Southwell announced Thursday that Troy Brooks will serve as the new senior vice president and chief financial officer for the health care system.
Southwell includes Tift Regional Medical Center in Tifton, Southwell Medical and Southwell Health and Rehabilitation in Adel, and more than 35 outpatient centers and provider clinics located throughout south-central Georgia.
“As a member of the executive team, Troy will lead and support our financial operations,” Southwell President/CEO Christopher K. Dorman said. “His responsibilities include budgeting, establishing fiscal policy, controlling margins and debt, and making recommendations to administration and our board about hospital assets and resources. Ultimately, he will develop and implement financial strategies to help improve the business performance of our system.”
Dorman said that Brooks’ areas of executive leadership will include revenue cycle, patient financial services, patient access, accounting, decision support, health information management, and supply chain services.
“Troy brings many years of experience in financial leadership, having served in CFO roles at Conway Regional Health System in Conway, Ark., and Piedmont Newton Hospital in Covington,” Dorman said.
Brooks holds a master of business administration (MBA) degree from Mercer University-Atlanta Campus and a bachelor of science degree in Accounting from the University of South Alabama in Mobile. He is a member of the American College of Healthcare Executives and the Healthcare Financial Management Association.
“Although Troy has gained useful experience across the nation, he was born in Turner County,” Dorman added.
Brooks said that he is pleased to return to south-central Georgia and serve on the Southwell leadership team.
“I am excited for the opportunity to work with such a growing, progressive institution,” he said. “In addition to being the region’s health care leader, Southwell is an economic engine for the community. I look forward to working alongside Southwell’s executive team, board of directors, medical providers, and support staff.”
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https://www.albanyherald.com/local/southwell-welcomes-new-chief-financial-officer/article_397f0882-f899-11ec-b60e-934d00f13764.html
| 2022-06-30T19:10:58Z
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Man City apologizes for ‘assault’ on Aston Villa GK Olsen
By ROB HARRIS
AP Global Soccer Writer
MANCHESTER, England (AP) — Manchester City has issued an apology for what the club described as an assault on Aston Villa goalkeeper Robin Olsen during a field invasion by City fans celebrating winning the Premier League title. The incident happened as Olsen tried to leave the field at Etihad Stadium as it became covered in thousands of City fans after the fulltime whistle of the 3-2 win over Villa. Footage showed Olsen covering his head as supporters swarmed around him as he was being escorted off the playing surface by a steward. The Sweden goalkeeper then appeared to engage in a verbal confrontation with a fan before being clipped by the arm of another celebrating supporter.
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https://localnews8.com/sports/ap-national-sports/2022/05/22/aston-villa-gk-olsen-assaulted-in-man-city-field-invasion/
| 2022-05-22T23:08:28Z
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European nations, streaming service delete extremist audio
BERLIN (AP) — The European Union’s law enforcement agency says authorities in six countries have worked with music streaming service SoundCloud to detect and delete hundreds of files containing extremist propaganda. Europol said Friday that the plan was initiated by Germany’s Federal Criminal Police Office and the EU Internet Referral Unit, and that authorities in Denmark, Hungary, Portugal, Spain and the U.K. were also involved. Europol said the content that was flagged included jihadist chants in several languages and audio promoting right-wing extremist groups. Some of the material had already gathered several thousand hits.
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https://localnews8.com/news/ap-national-business/2022/05/20/european-nations-streaming-service-delete-extremist-audio/
| 2022-05-20T08:45:58Z
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- New Brand Identity, Symbol, And Logo
- New Product Tier: SodaStream Collection with Advanced Functionalities and Premium Designs
- Comprehensive Rebranding Including New Visual Design, Packaging, Digital, and Tone of Voice
KFAR SABA, Israel, Sept. 15, 2022 /PRNewswire/ -- SodaStream, the world's leading sparkling water brand announces a full 360° brand-repositioning going live today. Following its digital transformation and consumer centric strategy launched three years ago, the company is tapping into its consumers' growing interest in design, innovation, mixology, and user-experience fields. As the trend of making fresh sparkling water at home continues to grow, and as consumers seek more approachable premium products, especially in the food and beverage sector1, SodaStream is introducing a full top-to-bottom redesign of the company's symbol, color palette, websites, and is introducing a new tier of elevated products.
At the heart of the new positioning is the brand's call to Push for Better, inspired by the action one takes when pushing the SodaStream sparkling water maker button. "Push for Better" is brought to life in the brand's new visual identity, leading to a "ripple effect" of positive change, inspired by the power of a simple push of a button and the stream of change that it sets in motion – for both consumers and the planet.
The new visual language includes a fresh new iconic symbol consisting of two inter-locking water droplets arranged in a yin and yang formation, depicting balance and harmony, as well as resembling the planet. The design forms the signature letter "S", symbolizing SodaStream. Remaining true to its dedication to do better for the planet, SodaStream's new color palette is inspired by nature. The brand's primary colors are Fresh Blue, Deep Blue, and Sand, a reference to the purity and freshness of water, and the brightness of sand.
SodaStream is also revealing "SodaStream Collection", a new premium product tier that represents its advanced and designed product range. "SodaStream Collection" offers elevated experiences through superior innovation, quality, and design. The Collection range will consist of SodaStream's new sparkling water makers – the Art and the Duo, and will also include future innovations designed by global renowned designers.
SodaStream's new visual identity is now live throughout the company's digital touchpoints including its direct to consumer websites, social media channels, and additional platforms. Starting in 2023, the newly designed packaging will gradually roll-out to all 47 global markets in which the company operates.
"Our new 'Push for Better' strategy and its accompanying brand assets are the next chapter in SodaStream's journey to change the way the world drinks and revolutionize the global beverage industry", said Eyal Shohat, CEO of SodaStream. "As the experts of sparkling beverages creation, we are excited to provide our consumers with the perfect sparkling water experiences, with an upgraded lifestyle. By using SodaStream, our consumers have the opportunity to do something that's better for them and better for the planet".
SodaStream has collaborated with Pearl Fisher, a creative design and branding agency based in London, to create and implement the brand's new visual identity as well as Eitan Cohen, creative advisor to SodaStream. "We are very proud of our partnership with SodaStream. It's been a great process, from identifying SodaStream's opportunity to evolving and optimizing the brand's key assets – to ensuring every aspect of the new design vision and brand experience activates its trailblazing attitude and stream of change mentality," said Eitan Cohen and David Jenkinson, Design & Experience Partner at Pearl Fischer. "This is an exciting next chapter for Sodastream and we're looking forward to seeing this bold, impactful, and empowering new design hit the shelves."
About SodaStream:
SodaStream, a PepsiCo subsidiary, is the world's leading sparkling water brand. Operating in over 47 countries across the globe, SodaStream empowers consumers to create perfect personalized sparkling beverage experiences with just a push of a button. By allowing its users to make better choices for themselves and the planet – SodaStream is revolutionizing the beverage industry and changing the way the world drinks. To learn more about SodaStream visit www.sodastream.com and follow SodaStream on Facebook, Instagram and YouTube.
1 Based on Global Monitor, Consumer Trends Status New in 2022 by Kantar
Media Contact
Alison Brod Marketing + Communications
sodastream@abmc-us.com
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https://www.wibw.com/prnewswire/2022/09/15/sodastream-worlds-leading-sparkling-water-brand-unveils-360-repositioning/
| 2022-09-15T07:41:18Z
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NEW YORK, Sept. 2, 2022 /PRNewswire/ -- New York-based law firm Falcon Rappaport & Berkman PLLC announced that Ariel S. Holzer, Esq. has been appointed as Chair of the firm's Real Estate Practice Group. The change is crucial to the department's development and the growth and evolution of the team.
Ariel, who has been a Partner with FRB since 2020, focuses his real estate practice on matters related to commercial transactions and development, real estate litigation, zoning, and land use, and real estate-related administrative law.
With FRB, he has overseen such transactions as the $300 million transaction of a 60-property real estate portfolio with diverse properties located in four states, the $50 million sale of a development property in Flushing, NY, and the purchase of a $20 million residential real estate portfolio in Illinois. This appointment is a testament to Ariel and the quality and results of his work.
"Ariel has been a tremendous asset to FRB and has made invaluable contributions to the operations of the firm at large, and the real estate department more specifically," FRB Managing Partner Kenneth Falcon said. "He is well suited to this role and I'm very excited to watch him mature as leader of the practice group."
Ariel began his career as a litigation associate and gained familiarity with common conflicts in real estate transactions, before shifting to real estate transactions where he worked on projects such as the refinancing of Willis Tower in Chicago, the acquisition, financing, and sale of the International Toy Center in Manhattan, and the refinancing of Bush Terminal (Industry City).
Falcon Rappaport & Berkman PLLC is a full-service business law firm that combines the deep knowledge and expertise of attorneys who proudly provide transactional real estate services throughout New York State and across the country. FRB assists clients ranging from first-time homebuyers to family offices and businesses in all aspects of their real estate needs.
FRB differentiates itself by approaching matters with a level of depth and variety of skills unmatched by typical advisors, following through on a firm-wide commitment to excellent service, offering access to thought leaders in numerous areas of professional practice, and engaging in a partnership with clients to develop and achieve their goals.
For more information, email FRB's Marketing Director, Abby Winckler at awinckler@frblaw.com.
Falcon Rappaport & Berkman PLLC website: https://frblaw.com/
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https://www.wibw.com/prnewswire/2022/09/02/frb-names-ariel-s-holzer-esq-chair-real-estate-practice-group/
| 2022-09-02T15:38:32Z
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Jaime Ramirez Stepping Down as Executive Vice President and President, Tools & Storage
Robert Raff, 20-Year Company Veteran to Lead Tools as Acting Executive Vice President and President, Tools
NEW BRITAIN, Conn., July 12, 2022 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced that Jaime Ramirez, Executive Vice President and President, Tools & Storage, will be stepping down from his role to pursue opportunities outside of the Company, effective July 22, 2022. Robert Raff, a 20-year Stanley Black & Decker veteran and currently Head of Stanley Outdoor Integration, will be appointed Acting Executive Vice President and President, Tools. Mr. Raff will work closely with Donald Allan, President and CEO of Stanley Black & Decker, to help drive execution of the Company's strategy focused on the growth of its core businesses.
Mr. Allan said, "Stanley Black & Decker maintains a strong bench of leaders and we are fortunate that Robert will step in to lead Tools as we continue to drive our business forward. Robert is a long-time veteran executive of the Company who has served in various roles, including leading our Security business transformation and 14 years as a leader in Tools. He knows the business, the team and our customers well, and we are confident in his ability to drive progress in executing our strategy of focusing on our core businesses, including enhanced investments in Tools, to continue to grow our leading franchises."
Mr. Allan added, "Jaime has had a distinguished career with Stanley Black & Decker for more than 30 years. We wish Jaime the best and are grateful for his many contributions throughout his tenure."
Robert Raff currently serves as Head of Stanley Outdoor Integration, a role he has held since August 2021. Over the past 20 years, Mr. Raff has served in various leadership roles across Stanley Black & Decker including President, Stanley Security; President, Convergent Security Solutions; President, North America Commercial Global Tools & Storage; President, Hardware and other roles.
The Company has retained Heidrick & Struggles to conduct an internal and external search for a permanent successor to Mr. Ramirez.
About Stanley Black & Decker
Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is the world's largest tool company operating nearly 50 manufacturing facilities across America and more than 100 worldwide. Guided by its purpose – for those who make the world – the company's more than 60,000 diverse and high-performing employees produce innovative, award-winning power tools, hand tools, storage, digital tool solutions, lifestyle products, outdoor products, engineered fasteners and other industrial equipment to support the world's makers, creators, tradespeople and builders. The company's iconic brands include DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, HUSTLER® and TROY-BILT®. Recognized for its leadership in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force for good in support of its communities, employees, customers and other stakeholders. To learn more visit: www.stanleyblackanddecker.com.
Investor Contacts:
Dennis Lange
Vice President, Investor Relations
dennis.lange@sbdinc.com
(860) 827-3833
Cort Kaufman
Senior Director, Investor Relations
cort.kaufman@sbdinc.com
(860) 515-2741
Christina Francis
Director, Investor Relations
christina.francis@sbdinc.com
(860) 438-3470
Media Contact:
Debora Raymond
Vice President, Public Relations
debora.raymond@sbdinc.com
(203) 640-8054
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https://www.kxii.com/prnewswire/2022/07/12/stanley-black-amp-decker-announces-leadership-transition-tools-business/
| 2022-07-12T11:12:09Z
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Air Force charges airman in Syria base explosion from April
WASHINGTON (AP) — The Air Force has filed criminal charges against an airman in connection with an April explosion that injured U.S. troops at a base in eastern Syria.
Tech. Sgt. David D. Dezwaan Jr. is facing several charges including dereliction of duty, destroying military property, reckless endangerment and aggravated assault in the blast that injured four service members. He has been held in confinement by the Air Force since June.
The U.S. military initially reported that the injuries were caused by artillery or another form of indirect fire. But the Pentagon later said the April 7 attack was carried out by the “deliberate placement of explosive charges” by one or more individuals at an ammunition holding area and shower facility on the base, known as Green Village.
The Air Force, in a statement Thursday, said a preliminary hearing date has been set for Aug. 23 at Hill Air Force Base in Utah.
Dezwaan, an explosive ordnance disposal specialist, also was charged with accessing a government computer with an unauthorized purpose and obtaining classified information.
The blasts hit two support buildings. Four service members were evaluated for minor injuries and possible traumatic brain injuries.
Officials have provided no insight into any motivation for the attack.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/08/04/air-force-charges-airman-attack-that-injured-troops-us-base-syria/
| 2022-08-04T16:30:31Z
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CHICAGO, May 18, 2022 /PRNewswire/ -- HITEC, the globally recognized premier executive leadership organization of senior-level business and technology executives, announced today the award recipients of the HITEC 50 recognition.
The HITEC 50 award program recognizes and celebrates the contributions and accomplishments of the most influential and notable Hispanic executives and entrepreneurs in the technology industry across Latin America, Spain and Portugal. Those who are nominated, or submit themselves for the award, are evaluated based on their accomplishments in the ever-changing technology industry and landscape, and for their mentoring and professional development activities.
Awardees of the HITEC 50 recognition represent the top tier talent that is making a positive impact on the technology industry, and serve as role models to the next generation of leaders that are accelerating in their respective businesses and communities. Each year, HITEC receives countless submissions and nominations for this award, and each year, with an expanding pool of worthy candidates, the award becomes more competitive to earn. Those recognized within the HITEC 50 are the best of the best; the crème de la crème, and it is an honor to be able to recognize the awardees each and every year.
"Congratulations!" said Lúcia Soares, Board Member and Chair of the Awards Committee. "In recognition of technology's ever-increasing role in business transformation, HITEC continues to recognize technology and business executives that deliver outstanding results and drive transformational change while also inspiring and developing the next generation of technology leaders. We are honored to have reviewed applications from many deserving leaders and are proud to publish the 2022 HITEC 50 - an elite representation of Hispanic technology leaders in Spain, Portugal, and Latin America."
The objective of this award is not only to recognize talented individuals and highlight their achievements, but also to foster business and professional growth for HITEC members, and finally to help build and develop strategic business relationships that will encourage growth within the industry globally.
"I continue to be amazed by the expanding global footprint of Hispanic Technology leaders as the world becomes even more technology powered" said Guillermo Diaz, Jr, chairman of HITEC. "What is even more powerful is seeing more gender diversity in technology and these top 50 leaders are the example for the next generation so they 'can be what they can see'".
Click here to view the full list of the HITEC 50.
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https://www.kxii.com/prnewswire/2022/05/18/hitec-announces-2022-hitec-50-top-hispanic-tech-leaders-latin-america-spain-amp-portugal/
| 2022-05-18T15:16:19Z
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TORONTO (AP) — Marsha Hunt, one of the last surviving actors from Hollywood’s so-called Golden Age of the 1930s and 1940s who worked with performers ranging from Laurence Olivier to Andy Griffith in a career disrupted for a time by the McCarthy-era blacklist, has died. She was 104.
Hunt, who appeared in more than 100 movies and TV shows, died Wednesday at her home in Sherman Oaks, California, said Roger Memos, the writer-director of the 2015 documentary “Marsha Hunt’s Sweet Adversity.”
A Chicago native, she arrived in Hollywood in 1935 and over the next 15 years appeared in dozens of films, from the Preston Sturges comedy “Easy Living” to the adaptation of Jane Austen’s “Pride and Prejudice” that starred Olivier and Greer Garson.
She was well under 40 when MGM named her “Hollywood’s Youngest Character Actress.” And by the early 1950s, she was enough of a star to appear on the cover of Life magazine and seem set to thrive in the new medium of television when suddenly “the work dried up,” she recalled in 1996.
The reason, she learned from her agent, was that the communist-hunting Red Channels publication had revealed that she attended a peace conference in Stockholm and other supposedly suspicious gatherings. Alongside Hollywood stars Lauren Bacall, Humphrey Bogart and Danny Kaye, Hunt also went to Washington in 1947 to protest the House Un-American Activities Committee, which was conducting a witch hunt for communists in the film industry.
“I’d made 54 movies in my first 16 years in Hollywood,” Hunt said in 1996. “In the last 45 years, I’ve made eight. That shows what a blacklist can do to a career.”
Hunt concentrated on the theater, where the blacklist was not observed, until she began occasionally getting film work again in the late 1950s. She appeared in the touring companies of “The Cocktail Party,” “The Lady’s Not for Burning” and “The Tunnel of Love,” and on Broadway in “The Devil’s Disciple,” “Legend of Sarah″ and “The Paisley Convertible.”
Marcia Virginia Hunt (she changed the spelling of her first name later) was born in Chicago and grew up in New York City, daughter of a lawyer-insurance executive and a voice teacher. Slender and stylish, with a warm smile and large, expressive eyes, Hunt studied drama and worked as a model before making her film debut.
An early marriage to director Jerry Hopper ended in divorce. In 1948 she married film writer Robert Presnell Jr., and they had one daughter, who died soon after her premature birth. Her husband died in 1986.
Hunt’s first movie was 1935′s “The Virginia Judge.” She went on to play demure roles in a series of films for Paramount, including “The Accusing Finger” and “Come on Leathernecks,” but, as she told The Associated Press in 2020, she was tired of “sweet young things” and begged for more substantial work.
Hollywood proved a painful education. In “Marsha Hunt’s Sweet Adversity,” she remembered almost getting the part of Melanie Wilkes in “Gone with the Wind,” even being assured by producer David O. Selznick. Within days, Olivia de Havilland was announced as the actor who would play Melanie for the 1939 epic.
“That’s the day I grew up,” Hunt said in the documentary. “That’s the day I knew I could never have my heart broken again by this profession of acting.”
She left Paramount for MGM around the time of “Gone with the Wind” and had lead or supporting roles in “These Glamour Girls,” “Flight Command” and “The Human Comedy” among other movies.
“MGM was sheer magic,” she recalled in a 2007 Associated Press interview. “When I arrived at the studio for a one-day role, they parked my car. I went on the set and found a director’s chair with a sign on it, ‘Miss Hunt.’ Another sign was on my dressing room.
“I said to myself, ‘Any studio that treats a one-day player that way, really knows how to make pictures.’ They won my loyalty.”
Work unraveled quickly after she openly embraced liberal causes, such as joining the 1947 protest against congressional hearings on the reputed communist influence in Hollywood.
“I was never a communist or even interested in the communist cause,” she declared in 1996. “I was a political innocent defending my industry.”
With a couple of exceptions, such as producer Stanley Kramer’s 1952 family comedy “The Happy Time,” she was unseen on the big screen for most of the 1950s. She later appeared in many TV series, including “My Three Sons,” “Matlock,” “All in the Family” and “Murder, She Wrote.”
She remained vigorous and elegant in old age. In 1993, she put out “The Way We Wore: Styles of the 1930s and ’40s and Our World Since Then,” a lavishly illustrated book of the fashions during her Hollywood heyday.
A lifelong political activist, Hunt had a brush with terror in 1962 when she took part in a forum on right-wing extremists and two other participants’ homes were damaged by homemade bombs the very same evening.
“The ashen-faced actress said her home probably escaped the bomb attack only because the terrorists were unable to find out where she lived,” the Los Angeles Times reported. Police were sent to guard her home.
More recently, she helped create a refuge for the homeless in Los Angeles’ Sherman Oaks neighborhood, where she lived and was feted with the title honorary mayor.
Looking back on her activist years, Hunt remarked in 1996: “I never craved an identity as a figure of controversy. But having weathered it and found other interests in the meantime, I can look back with some philosophy.”
___
This story has been corrected to fix the spelling of Humphrey Bogart’s first name.
___
The late Associated Press writer Bob Thomas contributed to this obituary.
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https://cw33.com/entertainment-news/ap-entertainment/ap-marsha-hunt-40s-star-and-blacklist-victim-dies-at-104/
| 2022-09-11T00:17:18Z
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EU leaders agree on partial embargo on Russian oil
BRUSSELS (AP) — European Union leaders reached a compromise Monday to impose a partial oil embargo on Russia at a summit focused on helping Ukraine with a long-delayed package of sanctions that was blocked by Hungary.
The watered-down embargo covers only Russian oil brought in by sea, allowing a temporary exemption for imports delivered by pipeline. EU Council President Charles Michel said the agreement covers more than two-thirds of oil imports from Russia.
The new package of sanctions will also include an asset freeze and travel ban on individuals, while Russia’s biggest bank, Sberbank, will be excluded from SWIFT, the major global system for financial transfers from which the EU previously banned several smaller Russian banks. Three big Russian state-owned broadcasters will be prevented from distributing their content in the EU.
“We want to stop Russia’s war machine,” Michel said, lauding what he called a “remarkable achievement.”
“More than ever it’s important to show that we are able to be strong, that we are able to be firm, that we are able to be tough,” he added.
Michel said the new sanctions, which needed the support of all 27 member countries, will be legally endorsed by Wednesday.
The EU had already imposed five previous rounds of sanctions on Russia over its war. It has targeted more than 1,000 people individually, including Russian President Vladimir Putin and top government officials as well as pro-Kremlin oligarchs, banks, the coal sector and more.
But the sixth package of measures announced May 4 had been held up by concerns over oil supplies.
The impasse embarrassed the bloc, which was forced to scale down its ambitions in a bid to get Hungary on board. When European Commission President Ursula von der Leyen proposed the package, the initial aim was to phase out imports of crude oil within six months and refined products by the end of the year.
Both Michel and von der Leyen said leaders will soon return to the issue, seeking to guarantee that Russia’s pipeline oil exports to the EU are banned at a later date.
Hungarian Prime minister Viktor Orban had made clear he could support the new sanctions only if his country’s oil supply security was guaranteed. The landlocked country gets more than 60% of its oil from Russia and depends on crude that comes through the Soviet-era Druzhba pipeline.
Ursula Von der Leyen, the head of the EU’s executive branch, had played down the chances of a breakthrough at the summit. But leaders reached a compromise after Ukrainian President Volodymyr Zelenskyy urged them to end “internal arguments that only prompt Russia to put more and more pressure on the whole of Europe.”
Von der Leyen said the punitive move will “effectively cut around 90% of oil imports from Russia to the EU by the end of the year.”
The EU gets about 40% of its natural gas and 25% of its oil from Russia, and divisions over the issue exposed the limits of the 27-nation trading bloc’s ambitions.
In his 10-minute video address, Zelenskyy told leaders to end “internal arguments that only prompt Russia to put more and more pressure on the whole of Europe.”
He said the sanctions package must “be agreed on, it needs to be effective, including (on) oil,” so that Moscow “feels the price for what it is doing against Ukraine” and the rest of Europe. Only then, Zelenskyy said, will Russia be forced to “start seeking peace.”
It was not the first time he had demanded that the EU target Russia’s lucrative energy sector and deprive Moscow of billions of dollars each day in supply payments.
But Hungary led a group of EU countries worried over the impact of the oil ban on their economy, including Slovakia, the Czech Republic and Bulgaria. Hungary relies heavily on Russia for energy and can’t afford to turn off the pumps. In addition to its need for Russian oil, Hungary gets 85% of its natural gas from Russia.
Orban had been adamant on arriving at the summit in Brussels that a deal was not in sight, stressing that Hungary needed its energy supply secured.
Von der Leyen and Michel said the commitment by Germany and Poland to phase out Russian oil by the end of the year and to forgo oil from the northern part of the Druzhba pipeline will help cut 90% of Russian oil imports.
The summit also focused on continued EU financial support to Ukraine with the endorsement of a 9 billion-euro ($9.7 billion) tranche of assistance.
The issue of food security will be on the table Tuesday, with the leaders set to encourage their governments to speed up work on “solidarity lanes” to help Ukraine export grain and other produce.
Some protesters gathered outside EU buildings Monday before the summit, holding signs like “No to Russian oil and gas.”
___
Karel Janicek contributed to this story from Prague.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/05/30/eu-leaders-agree-partial-embargo-russian-oil/
| 2022-05-31T00:05:13Z
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