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NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Soundcore Capital Partners, LP ("Soundcore") a New-York based private equity firm, is pleased to welcome Matt DelBello as an Associate on the Deal Origination team.
Matt will primarily be responsible for supporting the Partners in developing investment theses for the firm and building relationships with business owners.
Prior to joining Soundcore, Matt was an Assistant Vice President at Wellington Management, covering a range of alternative investment strategies for family office and wirehouse channels. Previously, he was a sales associate at GW&K Investment Management, where he was responsible for selling their municipal bond strategies to the wirehouse and RIA channels. Matt received his Master of Business Administration from Boston College's Carroll School of Management and a Bachelor of Arts degree in Business and Investments from Johnson & Wales University.
"We are very glad to have Matt on the team. He shows industriousness, which we value greatly here at Soundcore" said Alex Bues, Partner at Soundcore. "His relationship management, sales and marketing, and CRM experience in alternative investments, specifically in private equity, will be great assets to us as we search for high-quality companies with whom to partner."
"Over the next 12 months, Soundcore will continue growing the team significantly through the additional hires of experienced private equity professionals," said Jarrett Turner, Managing Partner of Soundcore.
Soundcore Capital was founded in 2015 by Jarrett Turner and is based in New York, NY. Soundcore is a thesis-driven private equity firm that specializes in buy-and-build investments in the lower middle-market that are headquartered in the United States and Canada. Soundcore has completed 73 acquisitions across ten platforms and focuses primarily on business & outsourced services, industrial services, specialty manufacturing and value-added distribution sectors. For more information, please visit: https://www.soundcorecap.com/home
CONTACT:
Njideka Emenogu
212-812-1180
nemenogu@soundcorecap.com
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SOURCE Soundcore Capital Partners | https://www.mysuncoast.com/prnewswire/2022/09/12/soundcores-deal-origination-team-hires-another/ | 2022-09-12T16:40:21Z |
BERWYN, Pa., July 20, 2022 /PRNewswire/ -- Triumph Group (TRIUMPH) [NYSE:TGI] and NAVSUP have entered into a five-year maintenance, repair and overhaul agreement extension for the C and D variants of the F/A-18 Hornet Airframe Mounted Accessory Drive gearboxes (AMAD). Designed and manufactured by TRIUMPH Geared Solutions, this advanced and supportable AMAD extends time on wing. The work will be performed at TRIUMPH's gearbox center of excellence in Park City, Utah.
"TRIUMPH is a premier designer, manufacturer and maintenance provider of complex, high-performance gearboxes, including AMAD's for the US Military. We are a long-standing supplier to the U.S. Navy, and we look forward to supporting them well into the future," said Pete Gibson, President of TRIUMPH Geared Solutions.
TRIUMPH Geared Solutions, the largest independent aerospace gear and gear box provider, supplies complex geared solutions including design, development, manufacture and support of complete transmission and gearbox assemblies as well as complex gears and housing.
TRIUMPH, headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aerospace and defense systems and components. The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators.
More information about TRIUMPH can be found on the company's website at www.triumphgroup.com.
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SOURCE Triumph Group | https://www.kxii.com/prnewswire/2022/07/20/triumph-awarded-fa-18-gearbox-mro-agreement-united-states-navy/ | 2022-07-20T07:54:34Z |
PLANO, Texas, May 10, 2022 /PRNewswire/ -- ResMan®, a leading property management SaaS platform provider, opens its inaugural ResMania user conference at the Renaissance Dallas at Plano Legacy West today. Almost 400 ResMan customers, partners and industry experts will gather for two days to discuss the state of the multifamily industry and share best practices for marketing, property operations, affordable compliance, resident engagement, and investor management. The conference also offers opportunities for hands-on product training and to test-drive new ResMan capabilities.
"ResMan's first every user conference has been more than two years in the making, and we couldn't be more excited to finally bring our customers together in person!" said Michael Dunn, CEO of ResMan. "At ResMania, growth is the main event, so we look forward to sharing insights and best practices that will help all the multifamily and affordable property management companies in attendance drive efficiencies, increase NOI and maximize asset value."
The conference agenda is packed with 24 sessions delivered by 42 different presenters and panelists. Sessions presented by industry experts include:
- Knowledge is Power: How Rental Housing is Impacted by What Happens in Washington presented by Cindy Chetti (NMHC's SVP of Government Affairs), Kevin Donnelley (NMHC's Vice President, Government Affairs, Technology and Strategic Initiatives), and Matthew Berger (NMHC's Vice President, Tax, Student Housing).
- Practicing Policies: Legislative Updates that Impact Affordable Housing presented by Larry Keys, NAHMA's Director of Government Affairs.
- Tracking the Shifting Currents Below the Multifamily Surface presented by Jordan Brooks, Senior Market Analyst with ALN Apartment Data.
- Focusing on Customer Experience to Drive Marketing Results presented by Stephanie Puryear Helling who leads SPH Services.
ResMan customers will also be driving much of the conference content in the sessions:
- Does yesterday's business model work in today's environment? which features Lori Krull (Weller Management) and Jim Rostel (Anchor NW Property Group)
- Rehab & Construction in the Era of Labor Shortages, Choked Supply Chains, & Rising Construction Costs, which features Kim Radaker Bays (Exponential Property Group) and Greg Nelson (Centra Partners).
- ESG: How Policies Impact Your Investments and Keep Your Company Competitive which features Mary Gwyn (Apartment Dynamics), Kelli Overton Dowdney (Indio Management), and Wendy Rae Walker (TAM Residential).
- Navigating Through Today's Marketing, which features Julie Ellison (Greystar), Jessica Dinin (Weller Management) and Angela Aguilar (ResProp Management).
The conference will also mark the first-ever live recording of ResMan's PropTalk Cocktails & Compliance podcast, as hosts Janel Ganim and Rue Fox are joined by HUD and Tax Credit compliance experts, Jenny DeSilva of DeSilva Housing Group and Stacy Day of Karen A Graham Consulting.
No user conference would be complete without a product keynote. At ResMania, Janel Ganim, ResMan's SVP of Product & Operations, and Nick Olsen, ResMan's CTO, will showcase the company's new capabilities, set to debut this spring, including:
- BudgetsPro – Everything needed to create, review, revise, publish and reforecast budgets entirely within the ResMan platform
- ReportsPro – The next generation in reporting, offering customers an easy way to customize reports to meet their specific business needs
- Rural Housing – Manage all Rural Housing eligibility, certification and monthly reporting within the ResMan platform
- Integration with AvidXchange – This new API offers a more efficient accounts payable (AP) process and the option to make secure payments via the AvidPay Network
- Other major enhancements to existing Multifamily, Affordable, and Investor Management solutions, including:
ResMania comes on the heels of the relaunch of Razz as a standalone brand serving the website, marketing, and branding needs of large, top-tier multifamily property management companies. Razz will showcase its capabilities at a sponsor kiosk and also serve as the sponsor for the ResMania Marketing Track. More information about the Razz relaunch can be found on the Razz website.
The premiere of ResMania is due in large part to tremendous support from partners, with sponsorships selling out well in advance of the event. Twenty-four sponsors will participate in sessions, host parties and networking opportunities, support conference operations, and/or share their solutions at kiosks throughout networking area.
For more details about ResMania and to view the full conference agenda, please visit the conference website. To participate in ResMania festivities remotely, follow the hashtag #ResMania2022 on Instagram and LinkedIn.
ABOUT RESMAN
ResMan is the preferred growth partner that drives profitability and efficiency for nearly a thousand property management companies across the U.S. ResMan delivers the property management industry's most innovative technology platform, making property investments and operations more profitable and easier to manage. ResMan's platform unlocks a new path to growth for property management companies that deliver consistent NOI improvement and brilliant resident experiences easier than ever before. For more information, visit us at myresman.com or engage with us on Twitter, LinkedIn, or Facebook.
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SOURCE ResMan | https://www.mysuncoast.com/prnewswire/2022/05/10/resman-opens-inaugural-user-conference-resmania-where-growth-is-main-event/ | 2022-05-10T14:36:38Z |
SAN FRANCISCO, Aug. 23, 2022 /PRNewswire/ -- On August 15, 2022, ONE Carmel, the luxury real estate investment project of DL Holdings in the San Francisco Bay area of California, held a groundbreaking ceremony. More than 100 political and business guests, investors and developers from Monterey County and Carmel attended the event. The groundbreaking ceremony and cocktail party were attended by Monterey County Board of Supervisors Mary Adams, Luis Alejo, Chris Lopez and Wendy Root Askew, Dave Potter, the mayor of Carmel-by-the-Sea and guests from the Carmel Valley Association, the Carmel Valley Trail & Saddle Club and the Carmel Valley Chapter of the California Dressage Society.
"ONE Carmel will be built into an intelligent and sustainable diversified community, connecting families and global investors with the same visions while benefiting and giving back to the local residents and community of Carmel. We will preserve and rebuild the memory and glory of Carmel Valley, September Ranch, and make ONE Carmel a new link between people. This will be a new starting point and a new start for DL's investment in North America," Ms. Crystal Jiang, the founder of DL Holdings and ONE Carmel, said when delivered the ceremonial speech.
At the ceremony, Mr. Andy Chen and Ms. Crystal Jiang, the founders of DL Holdings, John Zhou, and Victor Ai, the partners of DL Holdings, Wei Huang, the project director, representatives, investors and service providers, together with Mary Adams, Monterey County Board of Supervisor, and Jim Morgens, the former owner of September Ranch, started the largest and most important residential project in Carmel with a golden shovel which symbolizes sunshine and success.
The predecessor of ONE Carmel is September Ranch, which is a local landmark and historical memory. The design team not only retained the iconic red barn of September Ranch, but also specially designed a brand-new logo to permanently preserve this memory.
ONE Carmel recently became a Diamond Sponsor of the Menlo Charity Horse Show which is one of the finest equestrian events in the United States with a history of more than 50 years. ONE Carmel not only shares the same love of horses but also the passion of philanthropy with Menlo Charity Horse Show. As a nonprofit organization, the Show provides funding to numerous charities, including Planned Parenthood and Amigos De Las Americas. Its current charitable partner, Vista Center for the Blind and Visually Impaired, was founded in 1936 and is the premier resource for individuals with vision loss in the area.
As the night falls, the cocktail party began with beautiful singing from the Carmel High School choir. The project team built a luxurious tent on the soft sand of the original arena and showed the guests the promising future of Carmel with music, art, and food.
As a famous musician, Vicky Wang has been trying to contribute to the community through musical performances. She and the young performers of her music summer camp dedicated three classical and modern songs to the audience, expressing their ardent expectations for Carmel's future development.
Through the white gauze drapes, the red barn and green valleys were the natural stage and beautiful background. The freshly baked, handmade Italian pizzas, appetizers, desserts and cocktails let everyone enjoy the natural harmony of music, food and beauty.
The highlight of the cocktail party was a short film, which not only showed the breathtaking scenery of ONE Carmel, but also told the story between the interviewees and Carmel with their deep love for this land in the past five years. Mr. Jim Morgens recalling his horse-riding vacation with his father here thirty years ago, Enzo sharing his experience of placing his home and restaurant in Carmel. DL's lawyers elaborating their deep feelings of witnessing the development of the project for decades, everyone was impressed by the relentless efforts and firm beliefs of the DL team, and the promising community philosophy that ONE Carmel would bring in the coming future.
Just 10 minutes from ONE Carmel, there was the annual Pebble Beach Automotive Week, one of the most attractive and liveliest events near Carmel, held in the Pebble Beach. The construction of ONE Carmel will bring even more excitement to Monterey County in the future.
About ONE Carmel and DL Holdings Group.
ONE Carmel is a real estate development project for an 891-acre land (3.6 square kilometers) located at the South of San Francisco Bay Area, near San Francisco and Silicon Valley, with an exclusive collection of 73 world-class estate homes and average lot size of 4.38 acres (18,000 square meters). Nestled in the hills and ocean views of Carmel Valley, this gated luxury community is powered by the most advanced A.I. technology, solar power and clean energy system, independent water circulation network, high-speed fiber-optic Internet service, exquisite community clubhouse, 24/7 exclusive butler service, 20-acre exclusive equestrian center, private hiking trails, campsites, etc. The project is within 2 hours drive to San Francisco, 1.5 hours drive to Silicon Valley, and only 10-minute drive to the renowned beach city Carmel-by-the-Sea and legendary Pebble Beach Golf Links, the No.1 golf course in America.
DL Holdings Group is a leading multi-family office and investment platform in the Asia Pacific region, focusing on serving Hong Kong's rapidly growing listed companies and corporate families. Over the past 12 years, we have been dedicated to identifying and nurturing the development of those companies with excellent potential and quality. We have also placed a strong focus on helping our entrepreneurial family clients to develop their inheritance structures and execute global asset allocation, to successfully achieve cross-cycle corporate development and inter-generational family wealth succession.
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SOURCE DL Holdings | https://www.wibw.com/prnewswire/2022/08/23/one-carmel-luxury-real-estate-project-dl-holdings-north-america-bay-area-officially-started/ | 2022-08-23T08:58:14Z |
Akok Akok heads to Georgetown men’s basketball from UConn
WASHINGTON (AP) — Akok Akok is transferring to Georgetown from UConn to play men’s basketball. It is the latest in a series of additions and subtractions for coach Patrick Ewing’s Hoyas after the worst season in Big East history. Georgetown announced Akok’s move on Tuesday. The team went 6-25 last season, including 0-19 in conference play, and ended on a 21-game losing streak. Ewing has led the Hoyas to one season above .500 during his five in the job. He received a public show of support from athletic director Lee Reed on March 2. Akok is a 6-foot-9 forward who spent the past three years at UConn. | https://localnews8.com/sports/ap-national-sports/2022/05/03/akok-akok-heads-to-georgetown-mens-basketball-from-uconn/ | 2022-05-03T21:18:13Z |
- The Company plans to separate into three independent companies, by spinning off its U.S., Canadian, and Caribbean cereal and plant-based businesses, which collectively represented approximately 20% of its net sales in 2021
- The remaining business, which represented about 80% of net sales in 2021, is focused on global snacking, international cereal and noodles, and North America frozen breakfast
- This transaction represents another bold action toward transforming Kellogg's portfolio to further enhance performance and value
- The proposed separations create greater strategic, operational, and financial focus for each company and its stakeholders, and will build on Kellogg's current momentum
BATTLE CREEK, Mich., June 21, 2022 /PRNewswire/ -- Kellogg Company (NYSE: K) today announced that its Board of Directors has approved a plan to separate its North American cereal and plant-based foods businesses, via tax-free spin-offs, resulting in three independent public companies, each better positioned to unlock their full standalone potential. The three companies, whose names will be determined later, would be the following:
- "Global Snacking Co.", with about $11.4 billion* in net sales, will be a leading company in global snacking, international cereal and noodles, and North America frozen breakfast, with iconic, world-class brands and strong underlying growth momentum and profitability;
- "North America Cereal Co.", with about $2.4 billion* in net sales, will be a leading cereal company in the U.S., Canada, and Caribbean, with a portfolio of iconic, world-class brands and compelling opportunities for investment and profit growth; and
- "Plant Co.", with about $340 million* in net sales, will be a leading, profitable, pure-play plant-based foods company, anchored by the MorningStar Farms brand, with a significant opportunity to capitalize on strong long-term category prospects by investing further in North America penetration and future international expansion.
"Kellogg has been on a successful journey of transformation to enhance performance and increase long-term shareowner value. This has included re-shaping our portfolio, and today's announcement is the next step in that transformation," said Steve Cahillane, Kellogg Company's Chairman and Chief Executive Officer. "These businesses all have significant standalone potential, and an enhanced focus will enable them to better direct their resources toward their distinct strategic priorities. In turn, each business is expected to create more value for all stakeholders, and each is well positioned to build a new era of innovation and growth."
Strategic Rationale
In recent years, the Company has transformed its portfolio into one that has expanded geographically and shifted toward growing businesses, particularly in snacking categories. To achieve this, it has directed resources and investments toward growth categories and markets around the world, made several acquisitions and partnerships in emerging markets, and strengthened its snacks business through acquisitions, divestitures, and the freeing up of resources by exiting from direct-store delivery. The successful execution of these actions has expanded Kellogg's portfolio, resulting in a scaled global snacking business and significant emerging markets presence, complemented by strong and profitable breakfast and plant-based foods businesses. The outcome of these strategic actions has been improved growth in recent years, with momentum sustained into 2022.
After several years of transformation and improving results, the Company believes it is the right time to separate these businesses so they may pursue their particular strategic priorities.
As independent companies, all three businesses will be better positioned to:
- Focus on their distinct strategic priorities, with financial targets that best fit their own markets and opportunities;
- Execute with increased agility and operational flexibility, enabling more focused allocation of capital and resources in a manner consistent with those strategic priorities;
- Realize improved outlooks for profitable growth; and
- Shape distinctive corporate cultures, rooted in Kellogg Company's strong values, and rewarding career paths for employees of each company.
The three companies, discussed under temporary names, will be:
Global Snacking Co.
The planned separations will result in a Global Snacking Co. that is expected to enhance its leadership position in the global snacking, international cereal and noodles, and North America frozen breakfast categories, by focusing investments and capital toward building upon its strong growth momentum and profitability.
Kellogg Company's three international regions – Europe, Latin America, and Asia Pacific, Middle East, and Africa ("AMEA") – will remain almost entirely intact within Global Snacking Co. Steve Cahillane will remain Chairman and Chief Executive Officer of Global Snacking Co.
Overview
- Global Snacking Co. had estimated 2021 net sales of $11.4 billion* and estimated EBITDA of approximately $2.0 billion* on an adjusted basis, based on preliminary allocation assumptions.
- Nearly 60% of its net sales come from global snacks, participating in growing categories and led by iconic, world-class brands including Pringles, Cheez-It, Pop-Tarts, Kellogg's Rice Krispies Treats, Nutri-Grain, and RXBAR, among others.
- Less than a quarter of its net sales come from cereal in international markets, featuring world-class brands such as Kellogg's, Frosties / Zucaritas, Special K, Tresor / Krave, Coco-Pops, and Crunchy Nut, among others. By remaining with Global Snacking Co., this international cereal business provides scale, continuity, and growth for the company's Europe, Latin America, and AMEA Regions.
- About 10% of its net sales come from noodles in Africa, a rapidly expanding business.
- The remainder, less than 10% of its net sales, comes from frozen breakfast and the world-class Eggo brand.
- Geographically, North America will represent just under half of net sales, emerging markets about 30% of net sales, and developed international markets more than 20% of net sales.
Outlook
- This business is expected to be a higher-growth company than today's Kellogg Company, featuring a more growth-oriented portfolio and aided by more focused resources and attention to brand building, innovation, and international expansion of world-class brands, and to building scale in emerging markets.
- This business is expected to expand profit margins through operating leverage, revenue growth management, productivity, and increasing emerging-markets scale.
North America Cereal Co.
The Company plans to separate North America Cereal Co. as an independent business through a tax-free spin-off. North America Cereal Co. is a leader in cereal in the U.S., Canada, and Caribbean, with beloved brands, a heritage of innovation, and more than a century of operational success. As a standalone company, North America Cereal Co. will have greater strategic focus and operational flexibility, and will direct capital and resources toward unlocking growth, regaining category share, and restoring and expanding profit margins.
The proposed management team for North America Cereal Co. will be announced at a later date.
Overview
- North America Cereal Co. had estimated 2021 net sales of $2.4 billion* and estimated EBITDA of approximately $250 million* on an adjusted-basis, based on preliminary allocation assumptions.
- The business is focused on ready-to-eat cereal in the U.S., Canada, and Caribbean.
- North America Cereal Co.'s portfolio is comprised of iconic, world-class brands such as Kellogg's, Frosted Flakes, Froot Loops, Mini-Wheats, Special K, Raisin Bran, Rice Krispies, Corn Flakes, Kashi and Bear Naked.
Outlook
- Near term, North America Cereal Co. will be focused on the restoration of inventory, profit margins, and share position following 2021 supply disruptions.
- Longer term, it will focus resources and strengthen the business through enhancing its portfolio, operating capabilities, and productivity.
- This business is expected to generate stable net sales over time, with improving profit margins that will drive profit growth, higher cash flow, and increased return on invested capital.
Plant Co.
The Company intends to separate Plant Co. as an independent business through a tax-free spin-off, while also exploring other strategic alternatives, including a possible sale.
Anchored by the leading MorningStar Farms brand, Plant Co. will be a profitable, pure-play, plant-based foods company. This business offers a full portfolio of plant-based offerings across multiple product segments and eating occasions. Kellogg has grown MorningStar Farms steadily since its acquisition over 20 years ago, and the brand now has the highest share and household penetration in the frozen vegetarian/vegan category.
The proposed management team for Plant Co. will be announced at a later date.
Overview
- Plant Co. had estimated 2021 net sales of $340 million and estimated EBITDA of approximately $50 million* on an adjusted-basis, based on preliminary allocation assumptions.
- The business is currently focused on the U.S., Canada, and Caribbean.
Outlook
- As an independent business, Plant Co. will have the opportunity to build on its strong base of growth and profitability, focusing its resources and investments towards capitalizing on strong category prospects, by building awareness and penetration in North America, and expanding internationally in the future.
- The business is expected to accelerate net sales growth over time, from previously disclosed portfolio-segment assumptions.
* All net sales and adjusted-basis EBITDA figures are based on the Company's 2021 unaudited results derived from internal management reporting, further adjusted for splits by brands and markets, as well as preliminary cost and expense allocations, including corporate expenses; these figures will be refined prior to the transactions. Please refer to the reconciliations of adjusted-basis EBITDA, a non-GAAP financial measure, to reported operating profit in this press release.
Headquarters Locations
North America Cereal Co. and Plant Co. will both remain headquartered in Battle Creek, Michigan. Global Snacking Co. will maintain dual campuses in Battle Creek and Chicago, Illinois, with its corporate headquarters located in Chicago. Kellogg Company's three international regions' headquarters in Europe, Latin America, and AMEA will remain in their current locations.
Transaction Details, Timing, and Future Updates
The proposed spin-offs are intended to result in tax-free distributions of North America Cereal Co. and Plant Co. shares to Kellogg Company shareowners. Shareowners would receive shares in the two spin-off entities on a pro-rata basis relative to their Kellogg holdings at the record date for each spin-off.
We expect the North America Cereal Co. spin-off may precede that of Plant Co., with both currently targeted to be completed by the end of 2023. The transactions will follow the satisfaction of customary conditions, including reviews and final approval by Kellogg's Board of Directors, receipt of an Internal Revenue Service ruling and relevant tax opinions with respect to the tax-free nature of the transactions, effectiveness of appropriate filings with the U.S. Securities and Exchange Commission, and the completion of audited financials of the independent companies.
Capital structures, dividends, governance, and other matters for each business will be announced at a later date. Management is committed to maintaining an investment-grade credit rating for Global Snacking Co. after the separations. In addition, the Company expects to maintain a strong aggregate dividend and return-on-capital profile across the three businesses. The independent dividend and capital structure policies for each business are expected to be competitive relative to their relevant peer sets.
The Company will begin incurring pretax expenses related to executing the transactions and setting up the companies. To ensure visibility into the ongoing results of the businesses, the Company will disclose these up-front costs and exclude them from its adjusted-basis results in its external reporting.
Goldman Sachs is serving as lead financial advisor, along with Morgan Stanley & Co. LLC, and Kirkland & Ellis LLP is acting as legal advisor.
The Company will provide updates throughout the process leading to the transactions. A dedicated website providing ongoing information about the transaction is available at unleashingourpotential.com.
Conference Call / Webcast
Kellogg Company will host a conference call/webcast to discuss the strategic rationale, the transaction timeline, and the resultant entities this morning, June 21, 2022, at 9:00am Eastern Daylight Time. The conference call and accompanying presentation slides will be webcast live over the internet at http://investor.kelloggs.com. Information regarding the rebroadcast is also available at http://investor.kelloggs.com.
About Kellogg Company
At Kellogg Company (NYSE: K), our vision is a good and just world where people are not just fed but fulfilled. We are creating better days and a place at the table for everyone through our trusted food brands. Our beloved brands include Pringles®, Cheez-It®, Special K®, Kellogg's Frosted Flakes®, Pop-Tarts®, Kellogg's Corn Flakes®, Rice Krispies®, Eggo®, Mini-Wheats®, Kashi®, RXBAR®, MorningStar Farms® and more. Net sales in 2021 were nearly $14.2 billion, comprised principally of snacks as well as convenience foods like cereal, frozen foods, and noodles. As part of our Kellogg's® Better Days ESG strategy, we're addressing the interconnected issues of wellbeing, climate and food security, creating Better Days for 3 billion people by the end of 2030. Visit www.KelloggCompany.com.
Forward-Looking Statements
This press release contains a number of forward-looking statements. Forward-looking statements include predictions of future results or activities and may contain the words "expect," "believe," "will," "can," "anticipate," "estimate," "project," "should," or words or phrases of similar meaning, including but not limited to: The anticipated separation of the Company's North American cereal and plant-based foods businesses, future operating and financial performance, product development, market position and business strategy. The viewer is cautioned not to rely on these forward-looking statements. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, and are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) the ability to effect the transactions described above and to meet the conditions related thereto, (2) the ability of the separated companies to each succeed as a standalone publicly traded company, (3) potential uncertainty during the pendency of the transactions that could affect the Company's financial performance, (4) the possibility that the transactions will not be completed within the anticipated time period or at all, (5) the possibility that the transactions will not achieve their intended benefits, (6) the possibility of disruption, including changes to existing business relationships, disputes, litigation or unanticipated costs in connection with the transactions, (7) uncertainty of the expected financial performance of the Company or the separated companies following completion of the transactions, (8) negative effects of the announcement or pendency of the transactions on the market price of the Company's securities and/or on the financial performance of the Company, (9) evolving legal, regulatory and tax regimes, (10) changes in general economic and/or industry specific conditions, (11) actions by third parties, including government agencies and (12) other risk factors as detailed from time to time in the Company's reports filed with the SEC, including the Company's Annual Report on Form 10-K, periodic Quarterly Reports on Form 10-Q, periodic Current Reports on Forms 8-K and other documents filed with the SEC. Copies of these filings are available online at www.sec.gov, www.investor.kelloggs.com or on request from the Company. The foregoing list of important factors is not exclusive. Any forward-looking statement made in this press release speaks only as of the date of this press release. The Company does not undertake to update any forward-looking statement as a result of new information or future events or developments.
Non-GAAP Financial Measures
In this press release, we sometimes use information derived from consolidated financial data based on preliminary allocation assumptions related to the spin-offs, but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered "non-GAAP financial measures" under the U.S. Securities and Exchange Commission rules. These non-GAAP financial measures supplement our GAAP disclosures and should not be considered an alternative to the GAAP measure. Our management team consistently utilizes a combination of GAAP and non-GAAP financial measures to evaluate business results, to make decisions regarding the future direction of our business, and for resource allocation decisions, including incentive compensation. As a result, we believe the presentation of both GAAP and non-GAAP financial measures provides investors with increased transparency into financial measures used by our management team, especially in connection with the spin-offs, and improves investors' understanding of our underlying operating performance and in their analysis of ongoing operating trends. See the table under "Reconciliation of Non-GAAP Amounts – Reported Operating Profit to Adjusted EBITDA" within this release for important information regarding these measures.
[-FIN] [K-ER]
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SOURCE Kellogg Company | https://www.wibw.com/prnewswire/2022/06/21/kellogg-company-announces-separation-two-businesses-bold-next-steps-portfolio-transformation/ | 2022-06-21T12:08:12Z |
VANCOUVER, BC, May 30, 2022 /PRNewswire/ - Atmofizer Technologies Inc. (the "Company" or "Atmofizer") (CSE: ATMO) (Frankfurt: J3K) (OTCQB: ATMFF) is pleased to announce its financial results for the quarter ended March 31, 2022. All amounts are expressed in United States dollars unless otherwise noted. Certain metrics, including those expressed on an adjusted basis, are non-IFRS measures, see "Non-IFRS Measures" below.
CORORATE DEVELOPMENTS
On January 25, 2022, the Company and Steinbrenner Racing amended the terms of the Sponsorship Agreement to provide for additional sponsorship rights including Atmofizer becoming the official supplier sponsor of a Steinbrenner Racing team car for the "24 Hours of Daytona" race to be held in each of 2022 and 2023. In addition, Steinbrenner Racing will facilitate commercial introductions to stadium and arena owners and operators and aid with product testing and development. In consideration for these amendments, the Company issued 4,500,000 common shares in the capital of the Company at a deemed price of C$0.26 per share to Steinbrenner Racing.
On January 27, 2022, the Company entered into a debt-settlement agreement with an arm's length business development and media consultant of the Company, for debt in the aggregate amount of US$396,730, equal to a deemed value of C$500,000. To satisfy the debt, the Company issued an aggregate of 2,000,000 common shares in the capital of the Company at a deemed price of C$0.25 per share.
On February 23, 2022, the Company filed a prospectus supplement to the Base Shelf Prospectus establishing an at-the-market equity program (the "ATM Program") that allows the Company to issue and sell up to C$5,000,000 of common shares from treasury to the public, from time to time, at the Company's discretion. All common shares sold under the ATM Program will be made through sales that are deemed to be "at-the-market distributions" as defined in NI 44-102 through the CSE or any other "marketplace" in Canada as defined under applicable securities laws.
As of the date hereof, the Company has issued 19,677,500 common shares with gross proceeds of C$1,549,163 under the ATM Program.
Distributions of the common shares under the ATM Program will be made pursuant to the terms of an equity distribution agreement dated February 23, 2022 (the "Equity Distribution Agreement") entered into between the Company and Clarus Securities Inc. ("Clarus"). The volume and timing of distributions under the ATM Program, if any, will be determined in the Company's sole discretion. The common shares will be distributed at the market prices prevailing at the time of each sale and, as a result, prices may vary as between purchasers and during the period of the ATM Program. The ATM Program is effective until the earlier of the issuance and sale of all of the common shares issuable pursuant to the ATM Program and February 14, 2024, unless terminated prior to such date by the Company or Clarus in accordance with the terms of the Equity Distribution Agreement.
On March 10, 2022, the Company announced the appointment of Whit Pepper as President and Chief Commercial Officer.
On March 21, 2022, the Company announced that its common shares commended trading in the United States on the OTCQB Venture Market under the trading symbol "ATMFF". The common shares continue to trade in Canada on the CSE under the trading symbol "ATMO".
On March 30 2022, the Company entered into a debt-settlement agreement with an arm's length business development and media consultant of the Company, for debt in the aggregate amount of C$225,000. To satisfy the debt, the Company issued an aggregate of 2,500,000 common shares in the capital of the Company at a deemed price of C$0.09 per share.
On April 5, 2022, the US Patent and Trademark Office issued U.S. Patent No. 11,291,939 relating to the Company's air and water purification technology. The patent provides protection for the application of the Company's air and water purification technology in the United States.
On April 28, 2022, the Company amended its December 13, 2021 agreement with Emerging Markets Consulting, LLC ("EMC"). EMC provides investor and public relations services including content creation, web development, and webcasting for the Company in North America. Pursuant to the terms and conditions of the amended agreement, EMC will continue to provide these services for an additional two months for a cash fee of US$225,000. Certain functions of EMC may include "investor relations activities" under the policies of the CSE and applicable securities laws.
On May 11, 2022, the Company announced test results of its airborne nanoparticle agglomeration engine. The test results at Atmofizer's Toronto lab showed that the Company's technology, before the use of an air filter, reduced the number of airborne ultra-fine particles smaller than one micron by 81.7%, while doubling the removal of larger particles sized above 2.5 microns. The Company believes this was significant scientifically and medically, as it demonstrated the ability to remove ultra-fine nanoscopic particles from the air (including toxic industrial pollution, smoke, and infectious disease). The ability to filter particles smaller than 2.5 microns is commonly regarded as an indicator of good air quality. Doubling the amount of particles larger than 2.5 microns demonstrated that the smaller particles were effectively being agglomerated together into larger clusters by the Company's technology. These larger clusters are typically more easily filtered by the body and common air filters. The results were achieved without the use of a common air filter. The Company has also added additional staff to its Toronto testing facility to focus on applying its agglomeration technology into mobile (transport vehicles) and HVAC aftermarket applications. The additional staff will enable the Company to test and evaluate new Atmofizer airflow configurations and prototypes more quickly.
On May 24, 2022, the Company announced the launch of a new customer lease-finance program through its majority-owned leasing subsidiary. The program will enable Atmofizer customers to acquire Atmofizer nanoparticle reduction air purifiers for less than one dollar per day. Customers may be required to make a down payment (ranging from $0- $99) and then pay $29.99/month to participate in the program. The down payment is less than 10% of the MSRP. Customers utilizing the lease-finance program will receive a standard limited warranty for the Atmofizer for the duration of a 36 month term lease. This credit facility will make the Company's air purification technology more accessible to a wider range of consumers. For higher volume customers, such as hotels, cruise ships and schools, the Company intends to extend the "clean air for less than a dollar a day" financing with no down payment required, subject to certain terms and conditions.
On May 26, 2022, the Company announced a non-exclusive U.S. distribution agreement with Safeware Inc. ("Safeware"). Safeware is an industry leader in safety equipment that supplies U.S. state and local governments and education organizations. For more than 40 years, Safeware has provided public safety equipment nationally with expertise in personal protective equipment, environmental detection and monitoring, and tactical and rescue gear. Safeware services and supports all aspects of safety for law enforcement and fire services, schools, public works and facilities. Beginning in third quarter 2022, the Company's products will be in Safeware's inventory catalog and will be marketed by its sales and key account teams across the United States. The Company expects initial orders to begin by the third quarter of 2022, with revenue to be generated by the fourth quarter of 2022.
FINANCIAL HIGHLIGHTS FOR QUARTER ENDED MARCH 31, 2022
For the three months ended March 31, 2022, the Company generated revenue of $210,000 with a gross profit of $60,293 (29%) compared to $nil during the three months ended March 31, 2021.
The Company incurred $6.5 million in expenses during the three months ended March 31, 2022 compared to $2.3 million during the three months ended March 31, 2021. The increase of $4.2 million increase in expenses was driven primarily by share based payments of $4.6 million of which $4.1 million was related to stock-based compensation. There were significant decreases over the previous year in consulting fees (decrease of $0.8 million), management fees (decrease of $0.3 million) and sales and marketing expenses (decrease of $0.1 million). Professional fees and salaries and wages increased by $0.2 million and $0.4 million, respectively.
Earnings before Interest, Taxes, Depreciation, and Amortization ("EBITDA") and Adjusted EBITDA
Adjusted EBITDA loss for the three months ended March 31, 2022, was $1.6 million compared to an adjusted EBITDA loss of $0.7 million for comparable period. The major factors contributing to the $0.9 million increase in adjusted EBITDA loss was driven by an increase in management and consulting cash expenses of $0.7 million, an increase in professional fees of $0.2 million and an increase in salaries and wages of $0.3 million which were offset by a decrease in sales and marketing expenses of $0.1 million and a decrease of $0.2 million in research and development and other expenses.
Non-IFRS Measures
This press release makes reference to EBITDA and Adjusted EBITDA, which are not recognized measures under International Financial Reporting Standards ("IFRS"), do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. These measures are provided as additional information to complement those IFRS measures included in the Company's financial statements by providing further understanding of the Company's results of operations from management's perspective. The Company defines EBITDA as net income (loss) before amortization and depreciation expenses, finance and interest costs, and provision for income taxes. Adjusted EBITDA means EBITDA adjusted for non-cash stock-based compensation expense, gains or losses arising from redemption of securities issued by the Company, asset impairment charges, gains or losses from disposals of property and equipment, foreign exchange gains or losses, impairment charges on property and equipment, business acquisition costs, and any restructuring charges. The most directly comparable measure to EBITDA and Adjusted EIBTDA calculated in accordance with IFRS is net loss. Management believes that EBITDA and Adjusted EBITDA provide meaningful and useful financial information as these measures demonstrate the operating performance of the business excluding non-cash charges.
A reconciliation of EBITDA and Adjusted EBITDA to IFRS net income (loss) is presented below:
About Atmofizer Technologies Inc.
Atmofizer's consumer and industrial solutions are based on its patent-protected and patent pending technology for ultrafine particle agglomeration and neutralization. This capability creates a revolutionary and more efficient method for addressing the wide range of dangerous nano-scale particles, viruses and bacteria that are too small to be effectively managed by conventional HEPA filters and ultraviolet lights. Atmofizer plans to disrupt the air treatment industry by improving air safety and purification efficiency while lowering customers' operational costs.
Atmofizing air refers to the process of using ultrasonic acoustic waves to agglomerate (cluster together) small particles into a larger target that is then radiated by ultraviolet light to neutralize their harmful properties, making the air you breath less hazardous to your health. Using units that atmofize air in tandem with HEPA filters can make the HEPA filters work more efficiently, enable the use of a less-powerful filter and result in a cleaner and longer-lasting filter that reduces operating costs and is less of a health hazard to clean or replace.
Atmofizer is patent-pending and patent-protected sole source of technology to atmofize air and is applying its proprietary technology in consumer and industrial air purification products currently manufactured under the Atmofizer brand, as well as in retail and commercial devices produced by other companies that integrate Atmofizer technology into their own products under license. Atmofizer's owned and licensed product lines include wearable, portable and mobile use for personal air treatment, as well as larger systems to handle higher air volumes for commercial, industrial, institutional and residential applications.
Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. The forward-looking information contained herein includes, without limitation, statements pertaining to the continued sale and distribution of common shares under the ATM Program, the Company's new customer lease-finance program, the Company's sales and order expectations from its new distribution agreement with Safeware and the business and strategic plans of the Company.
By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation: the Company's ability to comply with all applicable laws and governmental regulations relating to its commercial products; the ability of the Company to protect its intellectual property; impacts to the business and operations of the Company due to the COVID-19 pandemic; the conflict in eastern Europe; having only a limited operating history, the ability of the Company to access capital to meet future financing needs; the Company's reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.
Additional risk factors can also be found in the Company's continuous disclosure documents, which have been filed on SEDAR and can be accessed at www.sedar.com. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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SOURCE Atmofizer Technologies Inc. | https://www.kxii.com/prnewswire/2022/05/30/atmofizer-technologies-inc-announces-first-quarter-2022-financial-results/ | 2022-05-31T02:16:32Z |
LOS ANGELES, May 16, 2022 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Celsius Holdings, Inc. ("Celsius" or "the Company") (NASDAQ: CELH) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between August 12, 2021 and March 1, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before May 16, 2022.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Celsius improperly recorded expenses related to share-based compensation for both the second and third quarters of 2021. The Company would be forced to restate its financial results for those quarters, including a net loss for the third quarter. The Company failed to maintain adequate controls over financial reporting. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Celsius, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
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SOURCE The Schall Law Firm | https://www.kxii.com/prnewswire/2022/05/16/final-deadline-alert-schall-law-firm-encourages-investors-celsius-holdings-inc-with-losses-100000-contact-firm/ | 2022-05-16T16:36:17Z |
Jan. 6 panel announces next hearing for July 12
(Gray News) - The Jan. 6 panel has announced that it will reconvene at 10 a.m. ET on Tuesday, July 12, for another public hearing on its investigation into the U.S. Capitol insurrection.
The committee did not disclose the topic of the hearing.
Last week, former White House aide Cassidy Hutchinson delivered devastating testimony against former President Donald Trump.
Hutchinson painted a picture of Trump as an angry, defiant president who was trying to let armed supporters avoid security screenings at a rally on the morning of Jan. 6 to protest his 2020 election defeat to Democrat Joe Biden.
She recounted a conversation with Tony Ornato, Trump’s deputy chief of staff for operations, who, she testified, said Trump grabbed at the steering wheel of the presidential SUV when the Secret Service refused to let him go to the Capitol after the rally.
White House counsel Pat Cipollone was subpoenaed by the committee, who investigators were hopeful would appear Wednesday for a deposition.
The panel also said it would welcome follow-up details from Secret Service members who were with Trump that day.
Copyright 2022 Gray Media Group, Inc. All rights reserved. The Associated Press contributed to this report. | https://www.mysuncoast.com/2022/07/06/jan-6-panel-announces-next-hearing-july-12/ | 2022-07-06T01:29:46Z |
CALGARY, AB, June 24, 2022 /PRNewswire/ - HeadsUp Entertainment International Inc. (OTCPINK: HDUP) is pleased to announce that it has entered into a strategic marketing alliance and revenue share partnership with Centurion Fight Club Malta. Centurion FC is widely recognized as the most entertaining Mixed Martial Arts company in the South of Europe. Elite fighters combine a powerful fusion between Combat Sports and MMA Entertainment.
Centurion FC was established on the legendary island of Malta and it spearheaded the mixed martial arts scene in the Mediterranean region and southern Europe, commanding the first legion of fighters and loyal fans looking for entertainment. Their mission is to create a new breed of athletes ready to enter the octagon, in the cage, bringing the most exciting, competitive, and entertaining MMA tournaments in the world.
HeadsUp and Centurion have agreed to use the GameChangerz media platforms to promote and market Centurion's events with the next show, their 8th event, taking place Saturday July 2nd in Malta. The GameChangerz crew will be
LIVE and on scene reporting from Malta and meeting with its software development partners on the creation of a new Interactive Sports Betting Lottery Game to innovate real time wagering at live sporting events. In addition, the companies are working to monetize this and all upcoming events on a Super Affiliate and exclusive sports book partnership, to use the HeadsUp assets and the Centurion events as a funnel for Customer Acquisition creating lifetime revenue share and cost per acquisition (CPA) revenue channels.
Centurion CEO Robert Gallo commented, "We are very excited about working with HeadsUp and their technology team, innovating the ways to bet and engage in real time at our events. The Centurion brand is built on setting the bar higher for all who we engage with and HeadsUp is a leader in the industry of sports betting and media innovation."
HeadsUp President and CEO Doug Wilson stated, "The Sports Lottery Software Platforms we are building are a game changer and the power of the Centurion brand partnered with our media and technology will allow for fans to have an elevated and enhanced sports experience and allow our companies to monetize our products in a next generation capacity."
Centurion has partnered with SIGMA World's Gaming Festivals to host MMA events over the next 2 years at the LIVE iGaming festivals that are attended by the world leading sports betting and online casino companies. HeadsUp plans to bring its world class software development team and sports betting revenue partners to create enhanced gaming experiences for both live event attendees and viewers globally to engage and wager on sports events. Centurion offers a world class event partner who is eager to work with next generation interactive solutions to create shareholder value for both companies.
Get all the latest information on Centurion FC Malta at www.centurion-fc.com
About HeadsUp Entertainment International Inc.
HeadsUp Entertainment International Inc. is a global gaming operator and media company focusing on online gaming, online poker, eSports, sports betting, online lottery, mobile 50/50, charity fundraising platforms, software and blockchain based payment solutions.
Forward-Looking Statements:
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of HeadsUp Entertainment International Inc.'s future operational or financial performance and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements because of new information, future events or otherwise.
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SOURCE HeadsUp Entertainment International Inc. | https://www.kxii.com/prnewswire/2022/06/24/headsup-entertainment-partners-with-centurion-fc-malta-mma-company-innovative-revenue-generating-deal/ | 2022-06-24T18:03:18Z |
TEL AVIV, Israel and BETHESDA, MD, May 31, 2022 /PRNewswire/ -- CNBX Pharmaceuticals Inc. (OTCQB: CNBXD), a global leader in the development of cancer related cannabinoid-based medicine, announced today the release of its updated corporate presentation, now available on the Company's website: https://cnbxpharma.com/investors/
The Company's updated corporate presentation reflects the Company's latest development pipeline as well as the team's forward-looking approach to molecule-based drug development of Neoadjuvant Treatment for Colorectal Cancer, and the company's plan to launch a Phase I/II (a) clinical validation study for Company's proprietary RCC-33 drug candidate by end of 2023.
About CNBX Pharmaceuticals:
CNBX Pharmaceuticals Inc. (OTCQB: CNBXD) is a U.S. public company and a global leader in the development of cancer related cannabinoid-based medicine. The Company's R&D is based in Israel, where it is licensed by the Ministry of Health to conduct scientific and clinical research on cannabinoid formulations and cancer. For more information, please visit www.cnbxpharma.com
For the latest updates on CNBX Pharmaceuticals follow the Company on social media:
Linked in:
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Disclaimer:
Certain statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. Federal securities laws. Such statements include but are not limited to statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our Company's management and are subject to significant risks and uncertainties. Actual results may differ from those outlined in the forward-looking statements. Numerous factors could cause or contribute to such differences, including, but not limited to, results of clinical trials and other studies, the challenges inherent in new product development initiatives, the effect of any competitive products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future that is necessary to maintain our business, changes in government policy and regulation, potential litigation by or against us, any governmental review of our products or practices, as well as other risks discussed from time to time in our filings with the Securities and Exchange Commission. We undertake no duty to update any forward-looking statement or any information contained in this press release or other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about CNBX Pharmaceuticals Inc., which are condoned by the Company, must emanate from the Company itself and bear our name as its source.
CNBX Pharmaceuticals Inc.
+1 (877) 424-2429
info@cnbxpharma.com
https://www.cnbxpharma.com
Logo: https://mma.prnewswire.com/media/1774404/CNBX_Pharmaceuticals_Logo.jpg
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SOURCE CNBX Pharmaceuticals Inc. | https://www.mysuncoast.com/prnewswire/2022/05/31/cnbx-pharmaceuticals-release-new-corporate-presentation/ | 2022-05-31T15:10:32Z |
Adobe veteran brings over 20 years of global HR experience to help accelerate the
company's rapid growth and expansion
LONDON, May 16, 2022 /PRNewswire/ -- Unit4, a leader in enterprise cloud applications for people-centric organizations, today announced the appointment of Tania Garrett as Chief People Officer.
Tania will oversee the company's people success function where she will be responsible for talent acquisition, learning & development, compensation & benefits, as well as regional HR field teams. Tania will report to Mike Ettling, Chief Executive Officer, Unit4.
With more than two decades of human resources experience, spanning various industries and geographies within established industry leading organizations, Tania is well versed in providing HR leadership in international high-growth businesses. As well as guiding companies through complex acquisitions and mergers, she has a proven track record in organizational design and leading multi-location teams to deliver high level Employee Experience.
Tania joins Unit4 from Adobe where she led International Employee Experience, covering the EMEA, APAC and Japan regions. Having previously managed the EMEA Employee Experience organization, Tania was instrumental in transforming Adobe's employee experience, standardizing, and improving processes and, crucially, developing the culture.
Prior to joining Adobe, Tania held the position of Group HR Director for a legal services company and successfully navigated the sale of the business with a newly hired management team. She also worked for Experian as HR Director across EMEA and, before that, as Head of HR and HR services at Towers Watson, a leading global professional services company. Her career started at Valspar, culminating in the role of Human Resources Director across EMEA and India.
"We are excited to welcome Tania to Unit4 and, as a people centric business, we are delighted to have someone with her wealth of global experience, talent and passion for people, join the company through our next phase of growth," said Mike Ettling, Chief Executive Officer, Unit4. "With a track record of strategic leadership and hands-on execution, she will help us to further invest in our people and accelerate Unit4's journey to support our customers in delivering an exceptional people experience to their organization as well as to their customers."
"I am thrilled to be joining Unit4 at a time when we are all emerging from the pandemic, and businesses are looking to shift their priorities back to sustainable growth," said Tania Garrett, Chief People Officer. "Now, more than ever, leaders need to retain talent and motivate their people in new ways, and I very much look forward to being part of that journey here at Unit4."
About Unit4
Unit4's next-generation enterprise solutions power many of the world's most people-centric mid-market organizations. Our state-of-the-art cloud platform, ERPx, brings together the capabilities of Financials, Procurement, Project Management, HR, and FP&A onto a unified cloud platform that shares real-time information and is designed with a powerful, people-centric approach, so employees can benefit from better insight and become more effective and increasingly engaged. It supports rapid and continuous change while delivering individualized fit for customers at scale, delivering the right tools to unify the processes across their organization, and connect their people. Unit4 serves more than 6,000 customers globally including, Bravida, Havas, Migros Aare, Americares, Save the Children International, Action against Hunger, Metro Vancouver, Forest Research, Southampton City Council, Habitat for Humanity, Selkirk College, FTI Consulting, and Surrey County Council.
For more information please visit https://www.unit4.com/, follow us on Twitter @Unit4global, or visit our LinkedIn page
Media Contact:
Lisa Stassoulli
Global Communications Manager, Unit4
Mobile: +44(0)7870 916827
Lisa.Stassoulli@unit4.com
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SOURCE Unit4 | https://www.kxii.com/prnewswire/2022/05/16/unit4-appoints-tania-garrett-chief-people-officer/ | 2022-05-16T13:03:49Z |
MILWAUKEE, Sept. 6, 2022 /PRNewswire/ -- Ademi LLP is investigating ChannelAdvisor (NYSE: ECOM) for possible breaches of fiduciary duty and other violations of law in its transaction with CommerceHub.
Click here to learn how to join the action: https://www.ademilaw.com/case/channeladvisor-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges ChannelAdvisor's financial outlook and prospects are excellent and yet ChannelAdvisor holders will receive only $23.10 per share. The transaction agreement unreasonably limits competing bids for ChannelAdvisor by imposing a significant penalty if ChannelAdvisor accepts a superior bid. ChannelAdvisor insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of ChannelAdvisor's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for ChannelAdvisor.
If you own ChannelAdvisor common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/channeladvisor-corporation.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi LLP | https://www.mysuncoast.com/prnewswire/2022/09/06/shareholder-alert-ademi-llp-investigates-whether-channeladvisor-corporation-has-obtained-fair-price-its-transaction-with-commercehub/ | 2022-09-06T16:07:51Z |
Family finds nearly 50-pound fish swimming in retention pond
By Lauren Johnson
Click here for updates on this story
GRIMES, Iowa (KCCI) — The Kampman brothers of Grimes were quite shocked to see this large fish laying outside the retention pond in their neighborhood.
The boys say they’ve spent a lot of time fishing here but never imagined something this big would be hiding in the water.
“I usually catch bass and bluegill,” said Alex Kampman, who lives in the neighborhood.
No one knows how the fish got out of the water.
The boys believe someone caught it and left it on the shore and then tried to throw it away in a trash can.
The Iowa Department of Natural Resources has identified the fish as a Grass Carp and they’re pretty common for retention ponds. However, they can hurt the ecosystem of the water.
“Back in the early 1970s, the DNR actually stocked these fish as well because they were thought to be a good way to control aquatic vegetation in ponds. But we found out that they tend to overdo it,” said Kim Bogenschutz with the Iowa DNR.
She adds this fish is large for the size of the pond that it’s in, which means it’s been in there for a while. And while it isn’t invasive, the DNR advises against using them.
“They can live 20, 30-plus years. And so they can live a long time and eat a lot of the vegetation in the pond and that’s one the reasons that we don’t encourage their use, they’re hard to get rid of once they’re there,” she said.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/20/family-finds-nearly-50-pound-fish-swimming-in-retention-pond/ | 2022-05-20T17:55:12Z |
The Latest on the Supreme Court ruling on New York’s gun law:
The American Medical Association has called the ruling a “harmful and deeply disturbing decision.’’
“Firearm violence is a public health crisis, and easier access to weapons and fewer restrictions on who can carry them — and where they can be carried — are dangerous steps in the wrong direction,” Dr. Jack Resneck, the AMA’s president, said in a written statement. “Overturning decades of reasonable firearm regulations will cost more lives.’’
California Gov. Gavin Newsom also called the ruling “dangerous” in a tweet, among other labels such as “shameful” and “a dark day in America.”
“This is a dangerous decision from a court hell bent on pushing a radical ideological agenda and infringing on the rights of states to protect our citizens from being gunned down in our streets, schools, and churches,” he wrote.
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MORE ON THE DECISION:
— Supreme Court expands gun rights, striking New York limits
— States with strict gun-permitting laws consider next steps
— NY leaders vow new gun limits after Supreme Court ruling
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Follow AP’s coverage of the Supreme Court: https://apnews.com/hub/us-supreme-court
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NEW YORK — The Rev. Al Sharpton, the civil rights leader whose National Action Network is headquartered in New York City, condemned the Supreme Court’s ruling Thursday as “devastating and potentially dangerous.”
“This ruling could not have come at a worse time, as we have been working to deescalate gun violence in the city,” Sharpton said. “It has never been more important for Congress to pass meaningful legislation to combat the epidemic that is gun violence in this nation.”
One big concern is the ability of people to carry guns in public spaces such as neighborhoods, streets and subways.
Paige Graves, the Metropolitan Transit Authority’s general counsel, said in a statement that “the presence of guns within a sensitive place like New York’s transit system is an unacceptable risk.”
“Considering this Supreme Court decision, we have begun drafting appropriate rules to keep dangerous weapons out of our subways, buses and commuter trains,” Graves said.
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WASHINGTON — Vice President Kamala Harris said Thursday’s Supreme Court decision “defies common sense” and “defies logic.”
Harris said she was “deeply concerned and troubled by the Supreme Court’s ruling,” which follows her recent visit to Buffalo where she attended a funeral for one of the victims of the May 14 shooting that killed 10 and injured three. She also referenced the many other recent shootings.
“We can go on down the list about why it, yet again, is on the front pages, so to speak, of the concern of the American people about what we can and what we have a responsibility to do in terms of reasonable gun safety laws,” Harris said.
___
NEW YORK — Several Republicans in New York cheered Thursday’s ruling.
U.S. Rep. Lee Zeldin, a Long Island Republican running for governor, who has supported the lawsuit, said the decision marked “a historic, proper, and necessary victory for law abiding citizens of New York, whose Second Amendment rights have been under constant attack.”
Nick Langworthy, chair of the New York state GOP and a congressional candidate, called the ruling a win for the public over politicians.
“Today’s Supreme Court ruling is exactly as it should be — a final authority that protects the constitutional rights of citizens against a dictatorial government,” Langworthy said.
Langworthy, Zeldin and other Republicans criticized Democrats for what they see as threatening new restrictions on gun owners rather than passing tougher crime laws.
Sen. George Borrello, a Republican from western New York, called the ruling “a validation of the Second Amendment and a victory for law-abiding gun owners in our state.”
___
WASHINGTON — The two parties’ leaders in the U.S. House are offering contrasting reactions to Thursday’s Supreme Court ruling.
House minority GOP Leader Kevin McCarthy, of California, welcomed the ruling, saying it “rightfully ensures the right of all law-abiding Americans to defend themselves without unnecessary government interference.”
Democratic Speaker Nancy Pelosi, also of California, issued a statement saying the ruling gutted the authority of states to keep public spaces safe from gun violence.
“It is unfathomable that, while families in Uvalde, Buffalo and countless other communities mourn their loved ones stolen by gun violence, a supermajority of the Supreme Court has chosen to endanger more American lives,” Pelosi said in the statement.
The decision was made by a “radical, Republican-controlled Court” using “twisted logic,” Pelosi said.
She promised Democrats will continue efforts toward preventing gun violence.
___
NEW YORK — New York City officials insist nothing will change immediately following Thursday’s Supreme Court ruling.
They note that the high court sent the case back to a lower court for further proceedings that could iron out implementation details.
Officials in the nation’s most populous city immediately began reviewing its gun permit application process and pondering how they now might legally define “sensitive locations” where civilians wouldn’t be allow to bring guns.
“There is no place in the nation that this decision affects as much as New York City,” Mayor Eric Adams said at a news conference. “And we are prepared to set an example that will lead the country as to: how do we fight back on this decision?”
Adams, a Democrat and former police captain, raised the specter of everyday disputes turning into shootouts in New York’s crowded streets and subways. He suggested that police officers would face greater danger, as well as a greater burden of distinguishing between legal and illegal guns in public places.
___
NEW YORK — In the wake of the Supreme Court ruling Thursday, at least one advocacy group urged lawmakers to avoid passing regulations that continue to make it too hard for members of Black and brown communities to own guns.
“New York’s gun licensing regulations have been arbitrarily and discriminatorily applied, disproportionately ensnaring the people we represent, the majority of whom are from communities of color, in the criminal legal system,” the Legal Aid Society said in a statement released by the nonprofit’s spokesperson Redmond Haskins.
The group recognized the ruling as “an affirmative step toward ending arbitrary licensing standards that have inhibited lawful Black and Brown gun ownership in New York,” stating that criminalization of gun ownership by people of color “has never prevented violence and serves only to further marginalize and incarcerate people from BIPOC communities.”
___
WASHINGTON — U.S. Sen. Richard Blumenthal, Connecticut’s former longtime attorney general and a key participant in the bipartisan gun violence legislation negotiations, called Thursday’s ruling “deeply destructive” in a tweet.
He predicted it “will unleash even more gun violence on American communities.”
Blumenthal said the ruling will put more guns in public spaces instead of “upholding commonsense safeguards to reduce gun violence” This, he said in the tweet, will “open the floodgates to invalidate sensible gun safety laws in more states.”
___
ANNAPOLIS, Md. — Maryland Attorney General Brian Frosh, a Democrat, said his office will examine Thursday’s ruling to determine its impact on Maryland and “continue to fight to protect the safety of Marylanders.
“Today’s decision means more deaths and more pain in a country already awash in gun violence,” Frosh said in a statement.
In the statement, Frosh contends people carrying firearms in public places is a dangerous thing to have become the norm.
“The epidemic of gun violence sweeping our nation demonstrates daily the folly of introducing more guns into this boiling cauldron,” he said.
___
WASHINGTON — President Joe Biden says he’s “deeply disappointed” by the Supreme Court’s Thursday ruling striking down New York state’s century-old restrictions on the concealed carry of firearms.
In a statement, the president said the ruling “contradicts both common sense and the Constitution, and should deeply trouble us all.” He added that after mass shootings across the U.S., the country should be doing more, not less, to rein in firearm availability.
As Congress appears set to approve modest gun law changes, Biden urged states to go further and “enact and enforce commonsense laws to make their citizens and communities safer from gun violence.”
“I call on Americans across the country to make their voices heard on gun safety. Lives are on the line,” he added.
___
NEW YORK — New York City Mayor Eric Adams released a statement Thursday criticizing the U.S. Supreme Court’s decision in New York State Rifle & Pistol Association v. Bruen.
He stated the ruling puts New Yorkers “at further risk of gun violence.”
Adams said the city has and will continue efforts to mitigate risks of gun violence in the city, including reviews of defining license application processes and “sensitive locations” where guns are banned.
“We will work together to mitigate the risks this decision will create once it is implemented, as we cannot allow New York to become the Wild West,” the statement said.
“This decision may have opened an additional river feeding the sea of gun violence, but we will do everything we can to dam it,” he added.
___
PROVIDENCE, R.I. — Rhode Island Democratic state Rep. Robert Craven said Thursday he wasn’t surprised by the ruling.
“I see the court headed in that direction,” he said. “It’s taking a stricter interpretation that the Second Amendment is absolute — it says what it says, you have a right to bear arms.”
Craven, an attorney and chair of the state’s House Judiciary Committee, questioned whether the court will now use that same thought process for cases about banning military-style weapons.
For concealed carry permits, New York’s requirements are more onerous than Rhode Island’s are. Craven said he represented the city of East Providence, Rhode Island in three cases where permit denials were challenged in the past decade, and the city prevailed in all three at the state Supreme Court.
Craven said he’ll read the opinion in the New York case to determine whether or not it creates a concern that Rhode Island’s requirements could be challenged, and whether that can be remedied by state legislation.
___
NEW YORK — New York’s members of Congress reacted to Thursday’s Supreme Court ruling that struck down a state gun law. U.S. Rep. Elise Stefanik applauded the ruling and said it “correctly declares New York’s shameful attempt to shred Second Amendment rights of New Yorkers unconstitutional.” Stefanik is a Republican and staunch ally of former President Donald Trump,
U.S. Sen. Kirsten Gillibrand called the ruling “irresponsible” and “downright dangerous.”
“Our nation is in the middle of a gun violence epidemic and instead of working to protect our communities, this court has made it even easier for potentially dangerous people to carry concealed handguns in public spaces,” the Democrat said.
___
NEW YORK — Thursday’s Supreme Court ruling that struck down a New York gun law requiring people to demonstrate a particular need for carrying a gun in order to get a license to carry one in public has no immediate impact on other laws, including rules on background checks and age requirements for gun purchases.
That’s according to Alex McCourt, the director of legal research for the Center for Gun Violence Solutions at Johns Hopkins Bloomberg School of Public Health.
McCourt said that instead, courts will reevaluate the laws, determining whether they violate the Second Amendment.
“It’s possible that these laws will face a new challenge, and that’s particularly true for any laws governing the public use of guns which was not previously considered part of the Second Amendment,” McCourt said. | https://cw33.com/news/u-s-news/ap-us-headlines/live-updates-supreme-court-strikes-down-ny-gun-law/ | 2022-06-24T15:07:27Z |
Dear Heloise: Why do people think that they can touch anything and still handle food as long as they are wearing plastic/rubber gloves? I was recently traveling and stayed overnight in a very nice, nationally known hotel chain. When I went down for the continental breakfast, this was observed:
The lady came from the kitchen to refill some of the food containers. She emptied scrambled eggs into the container and stirred them around with the same spoon that everyone was using to serve themselves. She then dumped biscuits in the biscuit container and proceeded to use her hands, wearing the same gloves, to move the biscuits around. She then reached down and opened a cabinet and continued to work.
I have observed similar things in supermarket delis and restaurants. Just because you are wearing gloves doesn’t mean that you can handle anything that you want and then use the same gloves to handle food. It’s no different than not wearing gloves.
People need to use common sense! Thanks for your column.
— Regular Reader, via email | https://www.tdtnews.com/life/advice_columns/article_4f3a67c6-e592-11ec-9bfd-e72bf5b6b2a4.html | 2022-06-07T08:12:37Z |
DALLAS (KDAF) — Welcome to CW33/KDAF’s new show, Inside DFW with Jenny Anchondo!
This is YOUR show about YOUR city. We want to share with you everything that’s Fresh, Unique and New around DFW.
In order to do that, we asked YOU, the viewer, what you want and what’s important to you in a morning show.
Each morning from 9-10 a.m. Jenny Anchondo will take you all around town and give you a DFW-centric experience! | https://cw33.com/lifestyle/inside-dfw/introducing-inside-dfw-with-jenny-anchondo/ | 2022-05-02T18:40:47Z |
LOS ANGELES, May 24, 2022 /PRNewswire/ -- Skye Yayoi Drynan, Founder, CEO and Creative Director of House of Skye, announces the release of her debut single "Skye's the Limit." Drynan appears in the Season 2 finale episode of Netflix's hit series Bling Empire. Several members of the Bling cast attended and walked the runway at her 'House of Skye' runway show for the brand's 'Phoenix Rising' collection at LA Fashion Week. The Bling Empire series focuses on the lives of wealthy Asian-American socialites based in the Los Angeles area, described as real-life Crazy Rich Asians. The debut single track titled; "Skye's the Limit" drops ahead of her first full-length Dance/Pop album which will arrive later this summer.
The single "Skye's the Limit" was co-produced by award-winning industry veterans Nick Cooper (American Idol and Celebrity Vocal Coach - Usher, Kesha, Ava Max) and Thomas 'Tommy' Lee Brown a.k.a. TBHits (Ariana Grande, Justin Bieber, Meghan Trainor, Black Eye Peas, The Weekend). Skye's co-writers are Darius Coleman (NBC's Songland) and YNG Josh (multi-platinum producer). "Skye's the Limit" single can be streamed on Apple Music, Spotify, Amazon Music, and YouTube.
ABOUT SKYE YAYOI DRYNAN:
Skye Drynan is an entrepreneur, fashion designer, actress, musician, TV personality, author, philanthropist, and Biotech maven amongst many other endeavors. This innovative, self-made Wellesley alumna has had a very successful and unorthodox 22+ year career funding biotechnology breakthroughs making her a leader in the industry.
Skye's formidable foundation in innovation uniquely poise her to vet, create, and incorporate technology into House of Skye's product offerings. Skye is a prolific inventor with utility and design patents issued in fashion and tech worldwide. She made a name for herself in the intimates' industry with the globally patented Sexy Back Bra (7 patents in more than 100 countries) and in the coveted Hollywood/Music/Entertainment industries with her couture line donned by top celebrities like Kevin Jonas, Lady Gaga, Gwen Stefani, Carrie Underwood, Iggy Azalea, Miranda Lambert, and Paris Hilton to name a few. Skye's inspirational story and her bold designs are featured in television shows, music videos, concert stages, magazine covers, and on the red carpet. Skye draws creative inspiration from her Japanese roots, travel, nature, and the rugged beauty of her home, Montana, where she lives with her fiancé and her two dogs.
ABOUT HOUSE OF SKYE:
High-Tech, High-Function, & High-Fashion
House of Skye is a tech company as much as it is a luxury lifestyle company. With its portfolio of innovative and distinctive brands, underpinned by globally issued patents, House of Skye's mission is to make smart solutions for necessities without sacrificing style and beauty for comfort, and functionality.
House of Skye has produced uniquely designed pieces for consumers that range from red carpet couture to street wear, ski wear, and even desirable intimates with a technological secret. Brands created under the umbrella of House of Skye, are Dulce Bestia, Bareback, Snow Beast, and Camp Snow Beast.
Skye Yayoi Drynan
Instagram: @skyedrynan
House of Skye Website: http://www.houseofskye.shop
For All Media Inquiries:
Clif Loftin/ House of Skye
clif@houseofskye.shop
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SOURCE House of Skye | https://www.wibw.com/prnewswire/2022/05/24/skye-yayoi-drynan-releases-debut-single-skyes-limit-alongside-her-surprise-cameo-season-2-finale-netflixs-bling-empire/ | 2022-05-25T08:04:15Z |
BEIJING and HANGZHOU, China, June 8, 2022 /PRNewswire/ -- Roan Holdings Group Co., Ltd. ("Roan" or the "Company") (OTC Pink Sheets: RAHGF and RONWF), a comprehensive solution provider for industrial operations and capital market services, announced today that the Company has entered into an investment cooperation agreement (the "Agreement") for a new energy storage industrial park with Jiaxing Economic and Technological Development Zone.
Pursuant to the Agreement, the new energy storage industrial park (the "Jiaxing Project") would consist of an innovation and research center and two manufacturing facilities for new energy storage. The total investment is expected to be RMB 5.1 billion.
Jiaxing Committee has agreed to provide certain types of support to the project, including favorable government policy support, funding support and resources. Roan will be responsible for the implementation and operation of Jiaxing Project pursuant to the Agreement.
Mr. Junfeng Wang, Chairman of the Board commented, "We are very excited to announce this cooperation with the Jiaxing Economic & Technological Development Zone, which not only marks a breakthrough and significant milestone of our strategic planning since the second half of 2021 but also demonstrates the success of the strategic leadership of our industrial operation services team which focuses on new energy, new materials and semiconductor industries. As a comprehensive service provider of industrial capital and industrial operation in emerging industries, Roan regards the new energy industries as a key business area in the market. We will adhere to the development concept of 'synergy between industry, finance and symbiosis of partners', and build stable growth and a sustainable industrial ecosystem with our partners."
Mr. David Zhang, Executive President of the Company added: "The Jiaxing Project is important to the Company. This project will centrally and efficiently combine all the resources around energy storage, from materials to batteries, and equipment manufacturing. It is expected to take the lead in driving the development of the energy storage industry in the Yangtze River Delta region and become a model for the development of the new energy industry. The favorable policy, financial and resource assistance from the Jiaxing government shows significant support for the project. We aim to take advantage of our industrial financing service capability, our experience and resource advantages to provide industrial financing and operation services for all parties in the industrial park, bringing economic and social benefits to Jiaxing city, and creating sustainable financial returns for our shareholders."
About Roan Holdings Group Co., Ltd.
Founded in 2009, Roan Holdings Group Co., Ltd. (OTC Pink: RAHGF and RONWF) is a comprehensive solution provider for industrial operation and capital market services. Adhering to the platform strategy of "cross collaboration, technology empowerment, sustainability and stability, and combination of operation and finance resources", the Company's services focus on the new energy, new materials, and semiconductor industries. At the same time, the Company focuses on the application of innovative technologies in the consumer industry with respect to financial consumption, cultural and tourism consumption, and great health ecosystem. Roan aims to provide comprehensive solutions and supporting services for diversified institutional and local government clients across the entire industry chain. Roan has offices in Hangzhou and Beijing and subsidiaries in Hangzhou, Ningbo, Shaoxing and Tianjin. For more information, please visit: www.roanholdingsgroup.com.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among others, the consummation of the proposed transaction, and can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Examples of such statements include that the total investment is expected to be RMB 5.1 billion; that the project will combine centrally and efficiently all the resources around energy storage, from materials to batteries, and equipment manufacturing; and that the project will take the lead in driving the development of the energy storage industry in the Yangtze River Delta region and become a model for the development of the new energy industry , Such statements are based upon management's current expectations of the consummation of the proposed transaction, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Examples of such risks include whether the project will come to fruition, whether the government will fund the project, and whether there is demand for tenants in the project. Further information regarding these and other risks, uncertainties or factors are included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
IR Contact:
At the Company:
Katrina Wu
Email: xiaoqing.wu@roanholdingsgroup.com
Phone: +86-571-8662 1775
Investor Relations Firm:
Janice Wang
EverGreen Consulting Inc.
Email: IR@changqingconsulting.com
Phone: +1 571-464-9470 (from U.S.)
+86 13811768559 (from China)
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SOURCE Roan Holdings Group Co., Ltd. | https://www.wibw.com/prnewswire/2022/06/08/roan-holdings-group-co-enters-into-investment-cooperation-agreement-new-energy-storage-project/ | 2022-06-08T19:16:08Z |
NEW YORK, April 3, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Grab Holdings Limited ("Grab" or the "Company") (NASDAQ: GRAB). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Grab and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
In December 2021, Grab went public through a special-purpose acquisition company ("SPAC") merger, emphasizing the Company's dramatic growth in the food delivery, digital payments, ride-hailing and financial services areas through its "super app." The Company highlighted a purportedly significant opportunity for further growth in the firm's core businesses in Southeast Asia and other regions. Then, on March 3, 2022, Grab announced its first quarterly earnings report as a public company. Among other items, the Company reported a 44% revenue decline from the same period in the prior year, along with a loss of $3.6 billion for the year. Grab's management blamed the results on the Company's need to increase spending in order to offer higher commissions to attract drivers and greater incentives to users and partners.
On this news, Grab's stock price fell $1.95 per share, or 37.28%, to close at $3.28 per share on March 3, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/04/03/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-grab-holdings-limited-grab/ | 2022-04-04T09:22:29Z |
Elon Musk subpoenas Twitter whistleblower ahead of trial
WILMINGTON, Del. (AP) — Elon Musk’s legal team is demanding to hear from Twitter’s whistleblowing former security chief, who could help bolster Musk’s case for backing out of a $44 billion deal to buy the social media company.
Former Twitter executive Peiter Zatko — also known by his hacker handle “Mudge” — received a subpoena Saturday from Musk’s team, according to Zatko’s lawyer and court records.
The billionaire Tesla CEO has spent months alleging that the company he agreed to acquire undercounted its fake and spam accounts — and that he shouldn’t have to consummate the deal as a result.
Zatko’s whistleblower complaint to U.S. officials alleging Twitter misled regulators about its privacy and security protections — and its ability to detect and root out fake accounts — might play into Musk’s hands in an upcoming trial scheduled for Oct. 17 in Delaware.
Zatko served as Twitter’s head of security until he was fired early this year.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/29/elon-musk-subpoenas-twitter-whistleblower-ahead-trial/ | 2022-08-29T17:46:00Z |
The Defense Department is reporting high levels of toxic perfluoroalkyl and polyfluoroalkyl substances (PFAS) in drinking water near several of its bases, according to new data released by the department.
Drinking water testing near bases in Washington state, Pennsylvania, Florida and Michigan found levels of the chemicals well above a health threshold set by the Environmental Protection Agency (EPA).
PFAS is the name for a group of thousands of chemicals, some of which have been linked to health issues such as kidney and testicular cancer and liver damage.
The substances have been used in products such as firefighting foam, which is used by the military. For this reason, PFAS can be found near military bases and can contaminate nearby water.
They are often referred to as “forever chemicals” because they build up in the human body and environment instead of breaking down over time.
While it has long been known that PFAS have leached into groundwater near military installations, the new data provides an official glimpse into how it is impacting nearby drinking water.
While the EPA has said that levels of two types of PFAS called PFOA and PFOS should not exceed 70 parts per trillion (ppt) — and states have called for even lower levels — findings at some of the bases far exceed that.
One assessment from October found a sample of drinking water near the Naval Air Station at Washington State’s Whidbey Island contained 4,720 ppt of PFOS. In September, a sample containing 208 ppt of PFOA was detected.
Meanwhile, a drinking water sample near Washington state’s Joint Base Lewis-McChord Yakima Training Center was found to have 800 ppt of PFOS in January. A separate sample from January at the base was found to have 130 ppt of PFOA.
A sample from near Pennsylvania’s Willow Grove base was found to have 864 ppt of PFOS in October.
Meanwhile an August sample from around Florida’s Naval Air Station Whiting Field was found to have 206 ppt of PFOA in August. A sample from December was found to have 130 ppt of PFOS.
A November sample from Michigan’s Camp Grayling Army Airfield was found to have 119 ppt of PFOA.
“These levels are extremely high,” Jared Hayes, policy analyst at the Environmental Working Group, said in a statement.
“For too long, service members and people living in communities near military installations have been the victims of the Pentagon’s failure to act,” Hayes added.
A Department of Defense (DOD) spokesperson did not immediately respond to request for comment. but the findings note that where PFOA or PFOS levels exceeded the EPA’s advisory as a result of department activities, the DOD “immediately took actions to address the drinking water exposure.”
The department was required to disclose the drinking water testing under fiscal 2022’s National Defense Authorization Act. | https://cw33.com/news/nexstar-media-wire/pentagon-reports-high-levels-of-forever-chemicals-in-drinking-water-near-bases/ | 2022-06-01T13:05:54Z |
These are some of the cities keeping and dropping their transit mask mandates
By Elizabeth Wolfe, CNN
Across the US, local transit authorities must now decide whether they will continue requiring passengers to mask up or make masking optional after a federal judge struck down the CDC’s public transportation mask mandate Monday.
The decisions are mixed as some transit officials said they will let riders choose whether they want to mask, while others said they would keep their masking policies in place.
The CDC mandate, enacted in February 2021, required people on public transit and at transportation hubs like airports to wear masks, regardless of their vaccination status.
But following the Florida judge’s decision, a Biden administration official said the order is no longer in effect while the ruling is being reviewed.
From Atlanta and Austin to San Francisco and Seattle, here’s how some city transit systems are handling their mask requirements:
Atlanta
Atlanta’s MARTA will stop enforcing its mask mandate, a spokesperson told CNN.
“If customers and employees want to continue wearing masks while on the transit system, they are free to … but masks are not required at this time,” MARTA spokesperson Stephany Fisher said.
Austin, Texas
Riders of CapMetro in Austin, Texas, are no longer required to wear masks, spokesperson Tawaun Cole told CNN, adding that the CDC “is still encouraging customers to mask up to protect themselves while using public transportation.”
Chicago
A spokesperson for the Chicago Transit Authority told CNN Monday that masks are still required on CTA trains and buses.
New Jersey
New Jersey Transit, which is a statewide system, said it will continue to require masks on its vehicles. “NJ TRANSIT will continue to comply with all federal and state health guidance as we have since the onset of the pandemic,” the agency said in a statement.
New York
New York’s Metropolitan Transportation Agency said it will keep its mask requirement in place in accordance with the determination made by New the York State Department of Health in March 2022, according to a statement from the agency.
Philadelphia
In Philadelphia, SEPTA tweeted Monday night that masks are “recommended but no longer required” on its vehicles and at its stations and concourses.
Portland, Oregon
Portland’s TriMet tweeted Monday afternoon that passengers must still wear masks for now, pointing to the TSA directive extending mask public transit mask requirements through May 3. The TSA announced Monday night it would not be enforcing the directive in light of the court decision.
Seattle
King County Metro in Seattle is keeping its mask mandate in place, the transit agency said in a release Monday.
“While a federal judge in Florida ruled against the transit mask mandate, there may be an appeal from the Justice Department that could lead to a delay in implementation, or for the decision to be altered or overruled,” the release said. “In the meantime, Metro’s mask mandate remains in effect.”
Washington, DC
Riders and employees of the Metro system in Washington, DC, will no longer be required to mask up, the transit agency said in a statement. This includes its Metrorail, Metrobus and MetroAccess services.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Artemis Moshtaghian, Taylor Romine, Amy Simonson, Jamiel Lynch and Jenn Selva contributed to this report. | https://localnews8.com/news/national-world/cnn-national/2022/04/19/these-are-some-of-the-cities-keeping-and-dropping-their-transit-mask-mandates/ | 2022-04-19T12:05:48Z |
Global conference to focus on advancing the life-saving impacts of genomic health care
SAN DIEGO, Aug. 29, 2022 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, today announced that it will feature International Tennis Hall of Fame member Chris Evert as a special guest at its inaugural Illumina Genomics Forum (IGF) on October 1. Evert, who was diagnosed with stage 1C ovarian cancer earlier this year, will participate in a fireside chat discussing how genomics can improve early cancer detection, lead to more proactive, effective treatment of cancer, and help save lives.
During the session, Evert will discuss her ovarian cancer diagnosis and personal treatment journey. After her younger sister passed away from ovarian cancer in 2020, Evert's doctors discovered that she had a rare inherited genetic mutation commonly linked to ovarian cancer, which ultimately led to the early discovery of her own cancer. Today, Evert's doctors are optimistic about her prognosis because the cancer was detected early.
Regarded as one of the most accomplished tennis players of all time, Evert won 18 major singles championships including a record seven French Open titles and a joint-record six US Open titles.
"We are delighted to have Chris Evert, a role model for so many both on and off the court, to share her powerful firsthand story of how genomics is helping lead the global fight against cancer," said Kathryne Reeves, chief marketing officer of Illumina. "Today, unprecedented advances in genomics are resulting in better informed approaches to cancer diagnosis and treatment, which could significantly increase cancer survival rates and lead to patient outcomes we never thought possible."
Illumina previously announced that former US President Barack Obama will headline IGF in another fireside chat on the evening of Wednesday, September 28. Twelve years after the passage of the Affordable Care Act, Obama will discuss the continued need for equity, accessibility, and smarter health care to improve the human condition. Then, on September 30, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, will deliver a keynote address on the remarkable potential of genomics to change the trajectory of global health.
Other IGF key themes include:
- How genomic technology is driving more informed, proactive, and personalized patient diagnosis and treatment in clinics
- Ways in which whole-genome sequencing is revolutionizing patient care
- The role of genomics in supporting health care's quadruple aim to improve population health, reduce costs, enhance the patient experience, and improve provider satisfaction
IGF will take place in San Diego from September 28 through October 1. For more information and to register for the conference, go to illuminagenomicsforum.com.
About Illumina
Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit illumina.com and connect with us on Twitter, Facebook, LinkedIn, Instagram, and YouTube.
Investors:
Salli Schwartz
858-291-6421
IR@illumina.com
Media:
Adi Raval
202-629-8172
PR@illumina.com
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SOURCE Illumina, Inc. | https://www.wibw.com/prnewswire/2022/08/29/illumina-genomics-forum-feature-tennis-legend-chris-evert-role-genomics-played-her-cancer-fight/ | 2022-08-29T13:51:41Z |
Virtual Brand Introduces New Menu Item Available at 400 Locations Nationwide
LEBANON, Tenn., April 7, 2022 /PRNewswire/ -- Cracker Barrel Old Country Store® has announced its original virtual brand Chicken n' Biscuits, known for serving up hearty portions of delicious chicken-forward meals and fresh biscuits, will now offer a new, exclusive Homestyle Chicken Sandwich at 400 locations nationwide via DoorDash, Uber Eats and Grubhub. The new Homestyle Chicken Sandwich is built from the brand's quintessential chicken fried chicken – hand-breaded fried chicken with signature breading, perfectly crispy on the outside and perfectly juicy on the inside. The sandwich is adorned with fresh pickles and completed with a brioche bun, served alongside steak fries and Duke's Mayonnaise.
"For years, the debate around 'the best chicken sandwich' has been growing, and Chicken n' Biscuits by Cracker Barrel is excited to enter the competition with our new Homestyle Chicken Sandwich," said Matthew Schaefer, Cracker Barrel Senior Director of Strategy and Innovation. "The best part is that guests can enjoy this new sandwich plus other homestyle comfort food made with care like Hand-Breaded Fried Chicken Tenders or scratch-made Biscuit Beignets right at home through their favorite on-demand delivery partners."
The Chicken n' Biscuits menu includes items like Southern Fried Chicken made with signature seasoning and crispy, Hand-Breaded Fried Chicken Tenders that can be matched with signature dipping sauces like Dill Pickle Ranch or Maple Chipotle. Each main dish pairs well with fan-favorite sides like creamy, homestyle Mac n' Cheese that is baked to create a crispy layer of cheese on top or fresh-baked Fruit Cobbler with a juicy fruit filling and topped with a flaky, sugary crust.
To order, guests can:
- Open or download an on-demand delivery app such as DoorDash, Uber Eats and Grubhub, from 10:30 a.m. to 9 p.m. local time, and search for Chicken n' Biscuits by Cracker Barrel.
- Select the new Homestyle Chicken Sandwich. Or choose between a box or bucket of Southern Fried Chicken or Hand-Breaded Fried Chicken Tenders. To complete the order, add a homestyle side, like Steak Fries, Green Beans or Cole Slaw, a dipping sauce, like Ranch, Buffalo or Honey Mustard, and finish with a dessert, drink, or more biscuits.
- Sit back and relax as the order is delivered directly to your doorstep!
Chicken n' Biscuits by Cracker Barrel™ is an extension of Cracker Barrel's presence into the virtual brand marketplace. Though first introduced in May 2021, Chicken n' Biscuits recently rebranded with a new logo and online presence and expanded operations to 400 Cracker Barrel locations nationwide. The company also operates The Pancake Kitchen by Cracker Barrel™, a breakfast-all-day, delivery-forward brand, and Cracker Barrel Kitchen™, the anchor brand for its ghost kitchen outposts that launched last October in Hollywood, Calif. and added another location in Lawndale, Calif. this past March.
To keep up with the latest news on the brand, visit chickennbiscuits.com.
About Cracker Barrel Old Country Store, Inc.
Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) provides a caring and friendly home-away-from-home experience while offering guests quality homestyle food to enjoy in-store or to-go and unique shopping – all at a fair price. Established in 1969 in Lebanon, Tenn., Cracker Barrel operates more than 660 company-owned Cracker Barrel Old Country Store® locations in 45 states as well as multiple virtual brands and owns the breakfast and lunch focused fast-casual Maple Street Biscuit Company® restaurants. For more information about the company, visit crackerbarrel.com.
Media Contact:
Media Relations
615-235-4135
media.relations@crackerbarrel.com
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SOURCE Cracker Barrel Old Country Store, Inc. | https://www.kxii.com/prnewswire/2022/04/07/chicken-n-biscuits-by-cracker-barrel-enters-chicken-sandwich-competition-with-new-homestyle-chicken-sandwich/ | 2022-04-07T19:51:11Z |
Using Syncron Price's advanced analytics and AI capabilities, Navistar prioritizes a customer-centric pricing model and operational efficiency for one of the largest fleets of commercial vehicles in the U.S.
ATLANTA, July 7, 2022 /PRNewswire/ -- Syncron, the largest privately-owned global leader in intelligent SaaS solutions dedicated to Service Lifecycle Management (SLM), today announced that leading commercial vehicle and parts manufacturer, Navistar has selected Syncron Price™ to manage and optimize price for its aftermarket services parts business.
With more than a million trucks on the road in the U.S. and Canada, and a service network of more than 1,000 dealer service partner locations across North America, Navistar boasts one of the largest commercial vehicle parts distribution networks in the country. Headquartered in Illinois, Navistar companies include International® brand commercial trucks and engines, IC Bus® brand school and commercial buses, all-makes OnCommand® Connection advanced connectivity services, aftermarket parts brands Fleetrite®, ReNEWed® and Diamond Advantage®.
"We're honored that a company as respected as Navistar has placed its confidence in Syncron to fortify customer satisfaction through pricing optimization," says Anneliese Schulz, chief sales officer, Syncron. "With Syncron Price's powerful analytics identifying opportunities for pricing improvements, manufacturers can focus on broader areas for business growth and product innovation. We look forward to supporting Navistar's aftermarket success for many years to come."
To learn more and see why IDC named Syncron a Leader its 2021 MarketScape Report for B2B Price Optimization and Management Applications, visit: www.syncron.com/price
About Syncron
Syncron empowers leading manufacturers and distributors to capitalize on the world's new service economy. We improve aftermarket business profitability, optimize working capital, increase customer loyalty, and enable our customer's ability to transition successfully to future service-driven business models. With industry-leading investments in AI and ML, we offer the first, innovative, customer-endorsed, and complete end-to-end intelligent Service Lifecycle Management solution portfolio. Syncron's offer encompasses leadership solutions such as: service parts inventory, price, equipment uptime, warranty, service contract, and field service management. Delivered on Syncron's Connected Service Experience (CSX) platform, our solutions offer customers competitive differentiation through exceptional aftermarket service experiences, while simultaneously driving significant revenue and profit improvements into a manufacturer or distributer's business. It is no secret that world's top brands trust Syncron, making it the largest privately-owned global leader in intelligent SLM SaaS solutions. For more information, visit syncron.com.
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SOURCE Syncron | https://www.kxii.com/prnewswire/2022/07/07/syncrons-price-solution-selected-accelerate-navistars-aftermarket-service-excellence/ | 2022-07-07T13:59:40Z |
‘Wow, that’s a big diamond!’: Visitor finds 2.38-carat brown diamond at state park
PIKE COUNTY, Ark. (Gray News) - A visitor found a 2.38-carat brown diamond on April 10 at Arkansas’s Crater of Diamonds State Park.
Park officials report the diamond was the largest found this year.
“It was right in the middle when I flipped my screen over,” Adam Hardin said. “When I saw it, I said, ‘Wow, that’s a big diamond!’”
After more than a decade of searching and hundreds of diamond finds at the park, Hardin found his first diamond weighing more than two carats.
Officials said Hardin was wet-sifting soil from the East Drain of the park’s 37.5-acre search area when he found the gem.
Park Interpreter Waymon Cox said visitors wet sift using a screen set to wash away soil and separate the gravel by size. Smaller gravel is then sorted by weight, sending heavier material to the bottom of the screen.
“When it’s flipped upside down, the heavier gravel, and sometimes a diamond, can be found on top of the pile,” Cox said.
Hardin carried his gem in a pill bottle to the park’s Diamond Discovery Center, where staff said they registered it as a 2.38-carat brown diamond.
“Mr. Hardin’s diamond is about the size of a pinto bean, with a coffee brown color and a rounded shape,” Cox said. “It has a metallic shine typical of all diamonds found at the park, with a few inclusions and crevices running all along the surface.”
Hardin, who first learned of Crater of Diamonds State Park more than a decade ago, said competition builds camaraderie among regular visitors.
“One of the other guys and I have been going back and forth, seeing who can find the biggest diamond,” Hardin said. “I found a big one, then he got a 1.79-carat, and we were joking about who would find the next big diamond and be ‘king of the mountain.’”
Officials said Hardin’s diamond was the largest found at the park since last September when a visitor from California discovered a 4.38-carat yellow gem on the surface of the diamond search area.
Hardin told park officials that he typically sells his diamonds locally and that he also plans to sell this one.
Currently, 260 diamonds have been registered at Crater of Diamonds State Park in 2022, weighing more than 44 carats. Officials said those numbers come out to be an average of one to two diamonds found by park visitors daily.
Officials report over 75,000 diamonds have been unearthed at the park since the first diamonds were discovered in 1906 by John Huddleston.
Diamonds come in all colors of the rainbow. According to park officials, the three most common colors found at Crater of Diamonds State Park are white, brown, and yellow.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/03/wow-thats-big-diamond-visitor-finds-238-carat-brown-diamond-state-park/ | 2022-05-04T00:03:12Z |
AP National Sports By Associated Press Published April 10, 2022 7:02 PM Share on FacebookShare on Twitter Share on Linkedin Key hole on Sunday at the Masters AUGUSTA, Ga. (AP) — Key hole on Sunday at the Masters AP National Sports | https://localnews8.com/sports/ap-national-sports/2022/04/10/key-hole-on-sunday-at-the-masters/ | 2022-04-11T02:05:53Z |
NBA schedule won’t have games on Election Day this year
(AP) - The NBA will be off on Election Day.
The league’s schedule for the coming season will have all 30 teams playing on Nov. 7, the night before the midterm elections. The NBA is hoping teams use that night as an opportunity to encourage fans to get out and vote, plus amplify the need for civic engagement.
But on Nov. 8, which is Election Day, no NBA teams have games scheduled. Teams are being encouraged to share election information — such as registration deadlines — with their fan bases in the weeks leading up to Nov. 8.
“The scheduling decision came out of the NBA family’s focus on promoting nonpartisan civic engagement and encouraging fans to make a plan to vote during midterm elections,” the league said Tuesday.
All 435 U.S. House seats will be up for grabs on Nov. 8, along with more than 30 U.S. Senate seats and gubernatorial races.
“It’s unusual. We don’t usually change the schedule for an external event,” James Cadogan, the executive director of the NBA’s social justice coalition, told NBC, which first reported the league’s Election Day schedule plan. “But voting and Election Day are obviously unique and incredibly important to our democracy.”
The move is a rarity for the league, which typically plays no games on Thanksgiving and Christmas Eve and tries to avoid scheduling games on the day of the NCAA men’s basketball championship game — often the first Monday of April. It also has a few days off built around the All-Star Game, which takes place in February.
The NBA and its players were openly involved in several election-related pushes in 2020, largely as part of the response after the deaths of George Floyd and Breonna Taylor reignited the quest to eliminate racial inequality and police brutality.
Many players, including LeBron James, were involved in voting registration drives and other get-out-the-vote initiatives. Some teams turned their arenas into registration or voting centers.
The NBA’s full schedule for the season will be released Wednesday.
There are some sporting events in the U.S. scheduled for Nov. 8. The NHL has 11 games on Election Day this year, with eight of those in the U.S. And there are three FBS-level college football games being played on Nov. 8, all in the state of Ohio.
Major League Baseball’s season should be over by Election Day; the latest possible date for the World Series, barring postponements, is Saturday, Nov. 5. The NFL hardly ever plays on Tuesdays — there have been seven games on that day of the week since 1948, six of them for coronavirus-related rescheduling reasons in the last two years — and has no games scheduled this year on Nov. 8.
“The NBA is creating a culture of political participation, which extends not only to its athletes but to fans as well,” said Andrea Hailey, the CEO of Vote.org, which has partnered with the NBPA on various initiatives in recent years. “Players, coaches, event staff and fans all deserve to have the time and space to make their voices heard at the ballot box. The league is setting an important precedent that I hope other businesses and leagues will follow.”
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More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/16/nba-schedule-wont-have-games-election-day-this-year/ | 2022-08-16T17:07:34Z |
Police in Grand Rapids, Michigan, on Wednesday released several videos of an officer's encounter with Patrick Lyoya, who died after being shot during a traffic stop this month.
The Grand Rapids Police Department has said Lyoya was killed after an officer's gun "discharged" during a "lengthy struggle." But a representative for Lyoya's family tells CNN he saw video of the shooting and believes the 26-year-old was killed "execution-style."
Speaking during a news conference, City Manager Mark Washington offered his condolences to the family of Patrick Lyoya and referred to the video as "painful to watch."
The department released police body camera, dashcam, cell phone, and home surveillance system footage of the deadly incident.
Police said before the news conference that neither the videos nor audio were edited. Some video images were redacted or blurred to ensure privacy.
Police Chief Eric Winstrom said the officer will not be identified publicly unless there are criminal charges. The officer is on paid leave and his police powers were suspended, the chief said. Michigan State Police are conducting a criminal investigation.
Civil rights attorney Benjamin Crump -- who has represented high-profile victims of police violence -- has been retained by the Lyoya family and pushed for the officer to be fired and charged.
"The video clearly shows that this was an unnecessary, excessive, and fatal use of force against an unarmed Black man who was confused by the encounter and terrified for his life," Crump said.
The incident began just after 8 a.m. on April 4 when police say they pulled over a vehicle for a traffic stop. The driver, now known to be Lyoya, got out of the vehicle and at some point ran, Grand Rapids Police said at the time.
Not long after, "There was a lengthy struggle, I'm told it was over a minute and a half or two minutes of fighting," Winstrom said previously.
"During the struggle, the officer's weapon discharged, killing the man," he added.
The Lyoya family moved from the Democratic Republic of Congo to the US in 2014, and has been working with their representative, Pastor Israel Siku, since Patrick's death. Siku's first language is Swahili and he also acts as an interpreter for the Lyoyas.
He told CNN he was with Lyoya's father, just days after the shooting, when they were invited by police to review the video of the shooting.
Siku described the father's reaction to seeing the video: "He melt(ed) down, he didn't have anything to say. He almost passed out."
At a community forum Sunday, Siku told a church full of people, "I saw the video, I could not sleep."
"The boy was on the floor, the cop as he lays on him, pulls up the gun and shoots him in the head and back up. Patrick did not move," he added.
There have been multiple protests and rallies on behalf of Lyoya. On Tuesday evening, dozens of people called for justice as they rallied outside a City Commission meeting. Inside the nearly five-hour meeting, 74 of the 75 members of the public who spoke expressed outrage and sorrow over Lyoya's death.
In a statement to CNN, Grand Rapids Mayor Rosalynn Bliss said in part, "We are all working through a range of emotions from anger to confusion to grief but I'm confident as a community that we're also patient and steadfast in our commitment to get to the truth."
Michigan State Police investigating
Michigan State Police said once the investigation is completed, the evidence will be turned over to the county prosecutor who will decide on charges.
Kent County Prosecuting Attorney Christopher Becker told CNN no decision has been made regarding the officer as the investigation isn't complete. As for the impending release of video, he said, "They have to do what they think best and I'm not going to criticize that." In a statement on April 7, he said, "To maintain the integrity of this investigation, I have requested that involved police agencies do not release any evidence until the investigation is complete."
The Grand Rapids Police Department said both Michigan State Police and Becker are aware of the vid release. The results of the ongoing investigation will also be provided to the Grand Rapids police chief and the department's internal affairs, Winstrom said in a statement.
"This is a use of deadly force. The test for deadly force is that the officer is entitled to use deadly force when defending himself against a reasonable threat of death or great bodily harm," Winstrom said not long after the shooting.
"That'll be the test the Michigan State Police use when they look at it initially. And that'll be the same test I use to review it after their investigation is handed off to us."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/police-in-grand-rapids-michigan-release-video-of-the-deadly-shooting-during-a-traffic-stop/article_fec2644c-7c67-5425-a5a4-894a756dfd2a.html | 2022-04-13T22:21:45Z |
WASHINGTON (AP) — Jill Biden barnstormed the country during her debut year as first lady as if on a one-woman mission to help her husband’s administration tackle the problem of the moment: getting people vaccinated and boosted against the deadly COVID-19 pandemic.
New headwinds blowing in year two — President Joe Biden’s low standing with the public and November elections that could put Republicans back in control of Congress — have set her on a fresh mission: working to help elect Democrats who can help her husband.
She’s making no secret of her frustration with Washington.
“Joe truly believes in working with Congress and getting things done, but obviously the Republicans are pulling together and they’re not budging. They are not budging,” the first lady said at one of four fundraisers she headlined in the past month.
“Who would think that AR-15s make any sense for anything? Who doesn’t believe in the need to deal with climate change?” she said at a July fundraiser in Nantucket, Massachusetts, referencing Republican opposition to the president’s call for an assault weapons ban and more spending on climate change.
With school out for the summer, the teacher-first lady was free to travel again in her role as the president’s chief surrogate, highlighting administration accomplishments and showing a more political side while testing possible fall campaign messages before audiences big and small.
She put a voice to the urgency she and the president feel over unfinished aspects of his agenda.
After accompanying him to the scene of deadly mass shootings at a grocery store in Buffalo, New York, and an elementary school in Uvalde, Texas, the first lady — a community college professor — urged audiences to demand tougher gun laws from Congress.
“We need to fight, now, for the lives of our children and for the safety of our schools,” she told the National PTA Convention in June, shortly after they visited Robb Elementary School in Uvalde, where 19 pupils and two teachers were killed by a man firing an AR-15.
Congress represents “the will of the people,” she said, “and that’s why we need the people to speak up. Parents and teachers. All of us.”
She raised the gun issue later at the American Federation of Teachers convention in Boston in July, saying that “we believe that AR-15s, the weapon that tore apart 19 children and two teachers in their classroom, have no place on our streets.”
And she turned the Supreme Court’s decision overturning the constitutional right to an abortion into an argument for sending more Democrats to Congress come November. President Biden has promised to sign a bill enshrining the right to an abortion in federal law, but there isn’t enough support for it in Congress, where Democrats have slim majorities.
“All of us have a teacher voice for when things go off the rails and now is the time to use it,” she said in Boston.
In Nantucket, the first lady defended her spouse of 45 years, saying “he’s just had so many things thrown his way” that weren’t expected, including the abortion ruling and Russia’s war against Ukraine.
“He had so many hopes and plans for things he wanted to do, but every time you turned around, he had to address the problems of the moment,” she told a group of about two dozen donors.
She said she also had become “first lady of the moment,” reacting to problems and not pushing her separate agenda.
Tammy Vigil, a Boston University communications professor, said it is typical for a first lady to defend the president and, for that reason, complaints about Republican opposition sound better coming from her than from President Biden. He would risk undermining his authority and appear “whiny” if he were to sound off about GOP roadblocks more often than he has, she said.
“If it’s going to be said, she’s the better person to say it,” said Vigil, who wrote a book about former first ladies Michelle Obama and Melania Trump.
Jill Biden’s summer has been busy — and uncharacteristically bumpy at times.
She went on a pair of solo foreign trips in May, traveling to Romania and Slovakia in eastern Europe to meet Ukrainian refugees. The trip included an unannounced detour into western Ukraine to meet first lady Olena Zelenska. She also traveled through Ecuador, Panama and Costa Rica.
But by June, she had upset AIDS activists by hosting a White House event to unveil a postage stamp honoring first lady Nancy Reagan. Activists noted the Reagans’ indifference toward gays and lesbians at the start of the AIDS crisis, which exploded during Ronald Reagan’s presidency.
Last month, she was forced to apologize, through a spokesperson, for offending Latinos by describing their diversity as “distinct as the bodegas of the Bronx, as beautiful as the blossoms of Miami and as unique as the breakfast tacos here in San Antonio.”
The National Association of Hispanic Journalists tweeted in response: “We are not tacos.”
The first lady was also heckled last month on her way into a Connecticut ice cream parlor. A man in the sidewalk crowd shouted, “Your husband is the worst president we ever had” and “You owe us gas money.” A new CNN poll recorded her favorability rating at a low 34%, though only 29% have an unfavorable opinion of her. An additional 28% said they have no opinion of the first lady and 9% said they hadn’t heard enough of her.
The president’s positive COVID-19 tests have forced the couple to remain apart for about two weeks while he isolates at the White House and she stays at their home in Wilmington, Delaware.
She had welcomed Zelenska to the White House just before the president’s diagnosis.
Jill Biden, 71, is the first first lady to work outside of the White House. She is expected to resume teaching in September and juggle those demands with campaigning. She signed a new contract with Northern Virginia Community College on the morning of her speech to the AFT, she said.
So far this year, she’s done seven fundraisers for the Democratic National Committee, and the party is happy to have her.
“Jill Biden is one of the Democratic Party’s most important surrogates because she drives excitement from grassroots supporters across the country,” Democratic Party Chairman Jaime Harrison said in a statement to The Associated Press. “We’re grateful for the first lady’s commitment to electing Democrats up and down the ticket.”
Robert Watson, a history professor at Lynn University, said modern first ladies have become effective fundraisers in their own right, popular with the party faithful, especially women. He said it would be surprising not to see more of Jill Biden in the runup to the Nov. 8 elections.
“She is a strong defender,” said Watson, who studies the presidency. “Nobody’s interested in asking about her holiday cookie recipe.”
Whatever the outcome, the Bidens still have a happy occasion to look forward to after the election: the first White House wedding in nearly a decade.
Granddaughter Naomi Biden is set to marry Peter Neal on the South Lawn on Nov. 19. | https://cw33.com/news/politics/ap-politics/jill-biden-carries-out-new-mission-in-2nd-year-as-first-lady/ | 2022-08-04T21:55:58Z |
NEW YORK, May 10, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Everbridge, Inc. (NASDAQ: EVBG) between November 4, 2019 and February 24, 2022, inclusive (the "Class Period") of the important June 3, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Everbridge 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 Everbridge class action, go to https://rosenlegal.com/submit-form/?case_id=3095 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 June 3, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Everbridge was experiencing integration problems with respect to its acquiring nine separate companies; (2) Everbridge was using the revenues from these acquisitions to mask increasingly stagnant organic growth; and (3) Everbridge was failing to disclose that the COVID-19 pandemic was having a material impact on the size of the deals that Everbridge was able to obtain, with a negative effect on the Company's revenue growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Everbridge class action, go to https://rosenlegal.com/submit-form/?case_id=3095 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/05/11/rosen-national-trial-lawyers-encourages-everbridge-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-evbg/ | 2022-05-11T03:39:07Z |
The Smart Energy Consumer Collaborative updates its segmentation framework to keep pace with societal, energy industry changes
ATLANTA, Aug. 4, 2022 /PRNewswire/ -- Twenty-one percent of American consumers fall into the Green Pioneers segment, a "sweet spot" of utility customers who highly value technology and environmental values, according to a report released today by the Smart Energy Consumer Collaborative (SECC).
For over a decade, SECC has studied consumer attitudes and behaviors around energy, and the latest report is the eighth installment in the SECC's flagship "Consumer Pulse and Market Segmentation" series. As the only organization that focuses solely on energy consumers, SECC aims to assist stakeholders in understanding consumers as their needs, wants and behaviors evolve over time.
The latest research was conducted from April to June and started with five 30-minute interviews to begin to unpack consumers' opinions on key energy topics. These conversations were followed by an online survey of 2,500 consumers, which used a series of agree/disagree statements to better understand consumers' attitudes about technology and electricity.
From this data, the following consumer segments were developed:
Green Pioneers highly value technology and electricity. They understand how technology works and the impact their electricity usage can have on the grid. They represent the "sweet spot" of those who are willing to engage in innovative utility offerings.
Connected Pragmatists are comfortable with technology but are not engaged with their electricity usage. They are, however, potentially interested in energy-saving offerings that do not require a large investment.
Simply Sustainable consumers want to save energy due to their environmental values but are intimidated by technology. They are content to use simple lifestyle approaches to achieve their energy goals.
Trusting Traditionalists understand the impact of their energy use on the environment but don't make the connection between technology and achieving their energy goals. More than other segments, these consumers trust their electricity providers for information.
Comfort Seekers are all about their personal comfort. They are disinterested in saving energy, and they are not likely to exert much effort to learn about or invest in energy-related technology.
The full report, which can be downloaded here, provides recommended steps for engaging each of the new segments. The research team, including guests from Maru/Matchbox and Questline Digital, will also walkthrough key findings during a free webinar on Tuesday, August 9 at 1 p.m. (ET).
Jonathan Field
Smart Energy Consumer Collaborative
770-833-6026
jonathan.field@smartenergycc.org
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SOURCE Smart Energy Consumer Collaborative | https://www.kxii.com/prnewswire/2022/08/04/new-segmentation-provides-insight-americans-energy-related-values/ | 2022-08-04T14:12:12Z |
TOKYO, April 25, 2022 /PRNewswire/ -- The University of Tokyo (President: Teruo Fujii, Ph.D.) and Astellas Pharma Inc. (TSE: 4503, President and CEO: Kenji Yasukawa, Ph.D.; hereafter "Astellas") entered the second phase of their collaboration for co-creating innovative new medicines and medical solutions, called the Astellas Alliance Acceleration Program (AAAP), today.
In its first phase, from September 2020 to March 2022, AAAP established a base for its collaborative relationship at the university's Institute for Life Science Research and Education, and the University of Tokyo Center of Innovation. During this period, medical and pharmaceutical researchers from the two university organizations and drug discovery researchers from Astellas nurtured an environment for open-minded discussions, and as a result, several new research projects were identified and launched successfully.
In the second phase, the University of Tokyo will expand its partnership involvement to include all of its institutions. Furthermore, a newly appointed AAAP-dedicated project manager will be stationed at the university to facilitate the collaboration. These additional initiatives will allow the strategic partners to build new research projects, by combining the University of Tokyo's cutting-edge scientific research with Astellas' drug discovery know-how.
"Encouraged by our close collaboration during the first phase, we are delighted to start the second phase encompassing the breadth of research at the University of Tokyo. We hope that comprehensive knowledge of the life sciences from the university will further lead to innovative drug discovery projects," said Hidenori Ichijo, DDS, Ph.D., a professor at the university's Graduate School of Pharmaceutical Sciences and a member of the AAAP Steering Committee.
Professor Yuichi Tei / Ungil Chung, M.D., Ph.D., of the university's Graduate School of Engineering and Graduate School of Medicine, also a member of the AAAP Steering Committee, said: "In this phase, we will further pursue interdisciplinary collaboration, such as in the fields of engineering and the life sciences, by tapping into the broad range of research at the University of Tokyo."
"I am pleased with this AAAP second phase agreement," said Yoshitsugu Shitaka, Ph.D., Chief Scientific Officer at Astellas. He added: "By leveraging the power of the more extensive and closer collaboration, we expect to accelerate the co-creation of innovations that contribute to our activities from early drug discovery research to clinical development."
The University of Tokyo aims to find solutions to society's problems and contribute to the development of industry by promoting the creation of value through dialogue and empathy with society. Astellas is committed to the creation of innovative medical solutions to turn innovative science into VALUE for patients under its business philosophy of "contribute toward improving the health of people around the world through the provision of innovative and reliable pharmaceutical products." By sharing a common vision and challenges, the University of Tokyo and Astellas will work closely to promote innovation.
About The University of Tokyo
The University of Tokyo, established in 1877, is the oldest national university in Japan, and has 15 faculties/graduate schools and 11 affiliated institutes. It endeavors to tackle various social issues with diverse stakeholders in accordance with the statement of the university's guiding principles "UTokyo Compass ~Into a Sea of Diversity: Creating the Future through Dialogue~." For more information, visit the website at https://www.u-tokyo.ac.jp/en/about/utokyo-compass.html.
About Astellas
Astellas Pharma Inc. is a pharmaceutical company conducting business in more than 70 countries around the world. We are promoting the Focus Area Approach that is designed to identify opportunities for the continuous creation of new drugs to address diseases with high unmet medical needs by focusing on Biology and Modality. Furthermore, we are also looking beyond our foundational Rx focus to create Rx+® healthcare solutions that combine our expertise and knowledge with cutting-edge technology in different fields of external partners. Through these efforts, Astellas stands on the forefront of healthcare change to turn innovative science into value for patients. For more information, please visit our website at https://www.astellas.com/en.
Cautionary Notes（Astellas）
In this press release, statements made with respect to current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Astellas. These statements are based on management's current assumptions and beliefs in light of the information currently available to it and involve known and unknown risks and uncertainties. A number of factors could cause actual results to differ materially from those discussed in the forward-looking statements. Such factors include, but are not limited to: (i) changes in general economic conditions and in laws and regulations, relating to pharmaceutical markets, (ii) currency exchange rate fluctuations, (iii) delays in new product launches, (iv) the inability of Astellas to market existing and new products effectively, (v) the inability of Astellas to continue to effectively research and develop products accepted by customers in highly competitive markets, and (vi) infringements of Astellas' intellectual property rights by third parties.
Information about pharmaceutical products (including products currently in development) which is included in this press release is not intended to constitute an advertisement or medical advice.
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SOURCE Astellas Pharma Inc. | https://www.wibw.com/prnewswire/2022/04/25/university-tokyo-astellas-enter-second-phase-strategic-partnership-co-creation-innovative-new-medicines-medical-solutions/ | 2022-04-25T07:21:06Z |
SINGAPORE, July 25, 2022 /PRNewswire/ -- SpiderVille, a Web3 music startup, has raised a $1M pre-seed round from Contents Technologies, Samsung Next, and other notable angel investors to improve the discovery and distribution of music NFTs.
The funding will be put toward developing a sound infrastructure for Web3 artists and the music industry, raising awareness, and priming it for scalability.
According to its announcement, the company is set to launch its project Ooh La La, a Web3 music player designed to provide an easier way for users to discover, listen to, and manage their music NFTs.
"Despite music NFTs promising a more equitable system for artists than streaming, it is difficult for new users to discover them. So we've pulled them together in a single interface for users to easily navigate fresh musical content," Hyug Bin Kwon, co-founder and CEO of SpiderVille, shared in a statement.
The Ooh La La alpha will feature a single interface to aggregate music NFTs owned by users across various blockchain networks, along with playlist management and trending track discovery.
Emphasizing a truly borderless music NFT experience, the project also hopes to provide an accessible on-ramp for artists and consumers from under-represented regions.
"SpiderVille's dedicated team is focused on building a product that isn't just temporary hype but has real-world impact. We think SpiderVille will be a key player in this space, and we are proud to work closely with them to reshape the music industry for artists worldwide," said Jangwon Lee, the founder of Contents Technologies.
To explore Ooh La La and engage with the community visit Twitter, Discord, and their blog here.
About Contents Technologies
Contents Technologies is the largest music IP fund/tech company in Asia. It has recently designed and submitted a prospectus of "KPOP ETF" with a ticker name of KPOP to the U.S. Securities and Exchange Commission (SEC), to offer worldwide investors great access to the listed Korean companies in the entertainment and interactive media. Its subsidiary Beyond Music also has currently secured adjacency and copyright to about 25,000 songs.
For more information, visit: http://en.beyondmusic.io/
About Samsung Next
Samsung Next is the venture capital unit of Samsung Electronics Co. It has been building up and leading a global startup ecosystem that embraces the most innovative areas, including blockchain, fintech, healthtech, artificial intelligence, open source cloud-native computing infrastructure, and mediatech.
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SOURCE SPIDERVILLE GLOBAL PTE. LTD. | https://www.mysuncoast.com/prnewswire/2022/07/25/spiderville-raises-1m-pre-seed-funding-accelerate-web3-music-adoption/ | 2022-07-25T17:12:07Z |
SOUTH PLAINFIELD, N.J., July 21, 2022 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company will host a webcast conference call to report its second quarter 2022 financial results and provide an update on the company's business and outlook on Thursday, Aug. 4, at 4:30 p.m. ET.
To access the call by phone, please click here to register and you will be provided with dial-in details. To avoid delays, we recommend participants dial in to the conference call 15 minutes prior to the start of the call. The webcast conference call can be accessed on the Investor section of the PTC website at https://ir.ptcbio.com/events-presentations. A replay of the call will be available approximately two hours after completion of the call and will be archived on the company's website for 30 days following the call.
PTC is a science-driven, global biopharmaceutical company focused on the discovery, development and commercialization of clinically differentiated medicines that provide benefits to patients with rare disorders. PTC's ability to globally commercialize products is the foundation that drives investment in a robust and diversified pipeline of transformative medicines and our mission to provide access to best-in-class treatments for patients who have an unmet medical need. The Company's strategy is to leverage its strong scientific expertise and global commercial infrastructure to maximize value for its patients and other stakeholders. To learn more about PTC, please visit us at www.ptcbio.com and follow us on Instagram, Facebook, Twitter, and LinkedIn.
For More Information:
Investors:
Kylie O'Keefe
+1 (908) 300-0691
kokeefe@ptcbio.com
Media:
Jeanine Clemente
+1 (908) 912-9406
jclemente@ptcbio.com
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SOURCE PTC Therapeutics, Inc. | https://www.wibw.com/prnewswire/2022/07/21/ptc-therapeutics-host-conference-call-discuss-second-quarter-2022-financial-results/ | 2022-07-21T12:59:20Z |
NEW YORK (AP) — They crawled to the surface as the coronavirus pandemic roiled New York City, scurrying out of subterranean nests into the open air, feasting on a smorgasbord of scraps in streets, parks and mounds of curbside garbage. As diners shunned the indoors for outdoor dining, so did the city’s rats.
Now city data suggests that sightings are more frequent than they’ve been in a decade.
Through April, people have called in some 7,400 rat sightings to the city’s 311 service request line. That’s up from about 6,150 during the same period last year, and up by more than 60% from roughly the first four months of 2019, the last pre-pandemic year.
In each of the first four months of 2022, the number of sightings was the highest recorded since at least 2010, the first year online records are available. By comparison, there were about 10,500 sightings in all of 2010 and 25,000 such reports in all of last year (sightings are most frequent during warm months).
Whether the rat population has increased is up for debate, but the pandemic might have made the situation more visible.
With more people spending time outdoors as temperatures grow warmer, will rat sightings further surge?
“That depends on how much food is available to them and where,” said Matt Frye, a pest management specialist for the state of New York, who is based at Cornell University.
While a return to pre-pandemic routines “is exciting after two years of COVID-imposed lifestyle changes,” Frye said in an email, “it also means business as usual for rat problems that are directly tied to human behavior.”
Rats have been a problem in New York City since its founding. Every new generation of leaders has tried to find a better way of controlling the rodent population, and struggled to show results.
When Mayor Eric Adams was borough president of Brooklyn, he annoyed animal rights activists — and upset the stomachs of some journalists — by demonstrating a trap that used a bucket filled with a vinegary, toxic soup to drown rats lured by the scent of food.
Former Mayor Bill de Blasio spent tens of millions of dollars on efforts to reduce the rat population in targeted neighborhoods through more frequent trash pickup, more aggressive housing inspections, and replacing dirt basement floors in some apartment buildings with ones made of concrete.
The city also launched a program to use dry ice to suffocate rats in their burrows, once demonstrating the technique for reporters at an event where workers chased — but never caught — one of the fleeing critters.
During a recent news conference in Times Square, Adams announced the city’s latest effort: padlocked curbside trash bins intended to reduce the big piles of garbage bags that turn into a buffet for rodents.
“You’re tired of the rodents, you’re tired of the smell, you’re tired of seeing food, waste and spillage,” the mayor said.
Rats not only strike fear among the easily squeamish, they can also be a public health concern.
Last year, at least 13 people were hospitalized — one died — because of leptospirosis, a condition that attacks the kidneys and liver. Most human infections are associated with rats.
As some cities consider making outdoor dining permanent — an option born of necessity during the pandemic — they are mindful of a further swelling of the rat population. Even before the pandemic, experts noticed a rise in rat populations in some of the country’s largest cities.
Rats can survive on less than an ounce of food a day and rarely travel more than a city block to find food, according to rat scholars.
Some New York City restaurants erected curbside sheds to allow COVID-wary diners to eat outside. But unfinished meals left at tables have sometimes drawn brazen four-legged leftover bandits — a la Pizza Rat, who gained fame in 2015 after a video went viral showing the rodent dragging a slice of pizza down a flight of subway stairs (debates raged at the time about whether the video was staged).
As fewer people used the subways, there were fewer morsels on which to feast in tunnels.
“What happened during the pandemic was that your restaurants shut down,” said Richard Reynolds, whose rat-hunting group for years periodically takes out teams of dogs to sniff out — and kill — vermin. “When outside dining came along, there was food again.”
In planter boxes outside dining sheds, rats lie in wait for any fallen crumb. They lurk in storm drains ready to lunge.
It’s the stuff of nightmares for Brooklyn resident Dylan Viner, who recently accidentally hit a dead rat with his bicycle. In recent months, he and friends have noticed a rise in the number of rats out in the open.
“I’ve always had a phobia of rats. I’m not squeamish about snakes or bugs — but rats, there’s something about them,” said Viner, a transplant from London, who likes to keep his distance from the vermin. “It’s OK seeing them around the subway tracks. It’s when you see one jump out in front of you and dash from a trash can to a dumpster or a restaurant … that’s when it makes you feel a bit squeamish.”
He recalled taking a recent walk in the West Village, where a stride landed on one of the creatures.
“I screamed and ran,” he recounted. The rat might have squealed, too.
“Mine was so loud,” he said, “that it’s hard to know if it was mine or the rat’s.” | https://cw33.com/strange-news/ap-strange-news/oh-rats-as-new-yorkers-emerge-from-pandemic-so-do-rodents/ | 2022-05-09T07:26:44Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Amazon.com, Inc..
Shareholders who purchased shares of AMZN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: This lawsuit is on behalf of all persons or entities that purchased or otherwise acquired shares of Amazon common stock between July 30, 2021, and April 28, 2022, inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: 1) defendants knew or recklessly disregarded that the Company's infrastructure and fulfillment network investments substantially outpaced demand; 2) those investments were a massive, self-imposed, undue drain on Amazon's financial condition; 3) contrary to defendants' public statements and undisclosed to investors, defendants had already implemented cutbacks to Amazon's fulfillment capacity by July 2021; and 4) as a result of defendants' misrepresentations and omissions, Amazon's common stock traded at artificially inflated prices during the class period.
DEADLINE: September 6, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/amazon-com-inc-loss-submission-form-2/?id=31247&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AMZN during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 6, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.wibw.com/prnewswire/2022/08/31/shareholder-alert-gross-law-firm-notifies-shareholders-amazoncom-inc-class-action-lawsuit-lead-plaintiff-deadline-september-6-2022-nasdaq-amzn/ | 2022-08-31T10:18:59Z |
Backlog Increases to $24 Million, Largest Since Sale of Transformer Business, Reflecting Demand for e-Bloc and E-BOOST Products
FORT LEE, N.J., May 16, 2022 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer," "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today provided a business update and announced financial results for the first quarter ended March 31, 2022.
Business Highlights for the First Quarter of 2022:
- Accelerated sales of e-Bloc with more than $1.3 million sold in Q1. Approximately $15.2 million of the backlog reflects e-Bloc orders.
- Recognized $788,000 in revenue from E-BOOST mobile EV charging solutions.
- Received initial order for two E-BOOST units from Navistar, a leading manufacturer and solutions provider of trucks and buses. Both units were delivered in early May and were featured at the 2022 Advanced Clean Transportation (ACT) Expo, the largest advanced transportation technology and clean fleet event.
- Backlog increased to $24.0 million at March 31, 2022, compared to $22.8 million at December 31, 2021 and $17.1 million at March 31, 2021. This is the highest backlog since the Company sold its transformer business over 30 months ago.
Financial Highlights for the First Quarter of 2022:
- Revenue increased 72% to $6.0 million for the three months ended March 31, 2022, as compared to $3.5 million for the three months ended March 31, 2021. The $6.0 million in revenue is the highest quarterly revenue level since the fourth quarter of 2019.
- Gross profit increased over 450% to $875,000 for the three months ended March 31, 2022, or 14.5% gross margin, as compared to $159,000 for the three months ended March 31, 2021, or 4.5% gross margin, reflecting higher volumes, and specifically the contribution of newly introduced EV-charging solutions, as well as improved productivity.
- Total operating loss narrowed by $235,000 to $871,000, even as the Company increased selling, general and administrative expenses by $481,000 to support its new strategic initiatives.
Nathan Mazurek, Pioneer's Chairman and Chief Executive Officer, said, "The first quarter of 2022 reflects the initial, strong contribution from our new e-Bloc and E-BOOST EV-charging solutions, driving a more than 70% increase in revenue to our highest quarterly revenue in more than two years, continued expansion of our backlog and a 450% improvement in gross profit. We expect to begin delivering units related to our large e-Bloc order in the second quarter, with the bulk of the shipments to be delivered in the third and fourth quarters of this year. Market response to our E-BOOST suite at the ACT Expo exceeded expectations. These products are seeing strong demand just a few months after their launch, and our confidence that they will materially contribute to 2022 revenues is growing."
Mr. Mazurek continued, "With a backlog of $24 million at March 31, 2022 and growing demand for these new solutions, we are increasingly confident we will grow our 2022 revenue by at least 50% over our 2021 revenue and deliver continued margin expansion. We are hopeful that each quarter will show year-over-year growth, with the majority of growth occurring in the second half of 2022. We expect to generate positive operating cash flow for 2022."
First Quarter 2022 Financial Results
Revenue
Total revenue for the three months ended March 31, 2022 increased 72.4% to $6.0 million, compared to $3.5 million for the same period in 2021, primarily due a significant increase in sales of our e-Bloc power systems and switchgear equipment, and the delivery of our first E-BOOST unit.
Gross Margin
Gross profit for the first quarter of 2022 was $875,000, or 14.5% of revenues, compared to $159,000, or 4.5% of revenues, for the same period in 2021. The increase in gross profit was primarily driven by sales of higher-margin EV-charging solutions and improved productivity, partially offset by higher input and freight costs.
Operating Loss
For the three months ended March 31, 2022, operating loss narrowed by $235,000 to $871,000, as compared to $1.1 million during same period in 2021, even as the Company increased selling, general and administrative expenses by $481,000 to support its expected continued growth.
Net Income / (Loss)
The Company's net loss was $788,000, or $(0.08) per basic and diluted share, for the three months ended March 31, 2022, compared to net income of $351,000, or $0.04 per basic and diluted share, during the three months ended March 31, 2021. The first quarter of 2021 included a $1.4 million gain in other income for the forgiveness of the Company's Paycheck Protection Program loan.
Balance Sheet
As of March 31, 2022, the company had $13.6 million in cash and restricted cash, compared to $11.7 million in cash and restricted cash as of December 31, 2021.
Earnings Conference Call:
Management will host a conference call later today, May 16, 2022 at 5 p.m. Eastern Time to discuss the Company's 2022 first quarter financial results with the investment community.
To participate, please call 1-844-826-3035 if calling within the United States or 1-412-317-5195 if calling internationally. When asked, please reference confirmation code 10167319.
The call will also be accompanied live by webcast over the Internet and accessible at https://viavid.webcasts.com/starthere.jsp?ei=1549135&tp_key=2b84804abf.
A replay will be available until May 23, 2022 which can be accessed by dialing 1-844-512-2921 if calling within the United States or 1-412-317-6671 if calling internationally. Please use passcode 10167319 to access the replay.
About Pioneer Power Solutions, Inc.
Pioneer Power Solutions, Inc. is a leader in the design, manufacture, integration, refurbishment, service and distribution of electric power systems, distributed energy resources, power generation equipment and mobile EV charging solutions for applications in the utility, industrial and commercial markets. To learn more about Pioneer, please visit its website at www.pioneerpowersolutions.com.
Safe Harbor Statement:
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) the Company's ability to successfully increase its revenue and profit in the future, (ii) general economic conditions and their effect on demand for electrical equipment, (iii) the effects of fluctuations in the Company's operating results, (iv) the fact that many of the Company's competitors are better established and have significantly greater resources than the Company, (v) the Company's dependence on two customers for a large portion of its business, (vi) the potential loss or departure of key personnel, (vii) unanticipated increases in raw material prices or disruptions in supply, (viii) the Company's ability to realize revenue reported in the Company's backlog, (ix) future labor disputes, (x) changes in government regulations, (xi) the liquidity and trading volume of the Company's common stock and (xii) an outbreak of disease, epidemic or pandemic, such as the global coronavirus pandemic, or fear of such an event.
More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission, including the Company's Annual and Quarterly Reports on Form 10-K and Form 10-Q, respectively. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.
Contact:
Brett Maas, Managing Partner
Hayden IR
(646) 536-7331
brett@haydenir.com
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SOURCE Pioneer Power Solutions, Inc. | https://www.kxii.com/prnewswire/2022/05/16/pioneer-power-increases-revenue-72-triples-gross-margin-e-bloc-e-boost-ev-charging-solutions-drive-growth/ | 2022-05-16T21:47:17Z |
Albuquerque police detain suspect in killing of 4 Muslim men
(AP) - Police announced Tuesday that they have detained a “primary suspect” in the killings of four Muslim men in Albuquerque, New Mexico, whose deaths sparked fear in Muslim communities nationwide.
Police Chief Harold Medina made the announcement on Twitter, saying that authorities had tracked down a vehicle believed to be involved in one of the slayings in New Mexico’s largest city.
“The driver was detained, and he is our primary suspect for the murders,” the tweet said.
No other information was immediately available. Police planed to provide an update later Tuesday.
Naeem Hussain was killed Friday night, and the three other men died in ambush shootings.
Hussain, 25, was from Pakistan. His death came just days after those of Muhammad Afzaal Hussain, 27, and Aftab Hussein, 41, who were also from Pakistan and members of the same mosque.
The earliest case involves the November killing of Mohammad Ahmadi, 62, from Afghanistan.
Authorities on Monday sought help searching for a vehicle that appeared to be the one discovered on Tuesday.
The common elements in the deaths were the victims’ race and religion, officials said, and police were trying to determine if the deaths are linked.
Debbie Almontaser, a Muslim community leader in New York, said that a female friend who lives in Michigan and wears the hijab head covering shared with her over the weekend just how rattled she was. “She’s like, ‘This is so terrifying. I’m so scared. I travel alone,’” Almontaser said.
Aneela Abad, general secretary at the Islamic Center of New Mexico, described a community reeling from the killings, its grief compounded by confusion and fear of what may follow.
“We are just completely shocked and still trying to comprehend and understand what happened, how and why,” she said.
Some people have avoided going out unless “absolutely necessary,” and some Muslim university students have been wondering whether it is safe for them to stay in the city, she said. The center has also beefed up its security.
Police initially said the same vehicle was suspected of being used in all four homicides — a dark gray or silver four-door Volkswagen that appeared to be a Jetta or Passat with dark tinted windows. But the police chief’s tweet referred only to the vehicle’s connection with one slaying.
Authorities released photos hoping people could help identify the car and offered a $20,000 reward for information leading to an arrest.
Investigators did not say where the images were taken or what led them to suspect the car was involved in the slayings. Police spokesperson Gilbert Gallegos said in an email Monday that the agency has received tips regarding the car but did not elaborate.
Gallegos said he could not comment on what kind of gun was used in the shootings, or whether police know how many suspects were involved in the violence.
Few anti-Muslim hate crimes have been recorded in Albuquerque over the last five years, according to FBI data cited by Brian Levin, director of the Center for the Study of Hate and Extremism and a professor of criminal justice at California State University at San Bernardino.
From 2017 through 2020, there was one anti-Muslim hate crime a year. The highest recent number was in 2016, when Albuquerque police recorded six out of a total of 25 hate crimes.
That largely tracks with national trends, which hit the lowest numbers in a decade in 2020, only to increase by 45% in 2021 in a dozen cities and states, Levin said.
Albuquerque authorities say they cannot determine if the slayings were hate crimes until they have identified a suspect and a motive.
Louis Schlesinger, a forensic psychology professor at John Jay College of Criminal Justice in New York, said bias killings are often perpetrated by a small group of people, typically young white men. A lone perpetrator is rare.
“These are basically total losers by every dimension, whether it’s social, economic, psychological, what have you,” he said. “They’re filled with hatred for one reason or another and target a particular group that they see, in their mind, to blame for all their problems in life.”
It was not clear whether the victims knew their attacker or attackers.
The most recent victim was found dead after police received a call of a shooting. Authorities declined to say whether the killing was carried out in a way similar to the other deaths.
Muhammad Afzaal Hussain had worked as a field organizer for a local congresswoman’s campaign.
Democratic Rep. Melanie Stansbury issued a statement praising him as “one of the kindest and hardest working people” she has ever known. She said the urban planner was “committed to making our public spaces work for every person and cleaning up legacy pollution.”
As land-use director for the city of Española — more than 85 miles (137 kilometers) north of Albuquerque — Hussain worked to improve conditions and inclusivity for disadvantaged minorities, the mayor’s office said.
___
Dazio reported from Los Angeles and Fam from Winter Park, Florida. Associated Press writer Lindsay Whitehurst in Washington and AP news researchers Rhonda Shafner and Jennifer Farrar in New York contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/09/police-suspect-killings-4-muslim-men-detained/ | 2022-08-09T19:41:15Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Amazon.com, Inc. (NASDAQ: AMZN) alleging that the Company violated federal securities laws.
Class Period: February 1, 2019 to April 5, 2022
Lead Plaintiff Deadline: July 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in AMZN:
https://www.kleinstocklaw.com/pslra-1/amazon-com-inc-loss-submission-form?id=28126&from=4
Amazon.com, Inc. NEWS - AMZN NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Amazon.com, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Amazon engaged in anticompetitive conduct in its private-label business practices, including giving Amazon products preference over those of its competitors and using third-party sellers' non-public data to compete with them; (ii) the foregoing exposed Amazon to a heightened risk of regulatory scrutiny and/or enforcement actions; (iii) Amazon's revenues derived from its private-label business were in part the product of impermissible conduct and thus unsustainable; and (iv) as a result, the defendants' public statements throughout the class period were materially false and/or misleading.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Amazon you have until July 5, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Amazon securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the AMZN lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/amazon-com-inc-loss-submission-form?id=28126&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.kxii.com/prnewswire/2022/06/07/amzn-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-5-2022-class-action-filed-behalf-amazoncom-inc-shareholders/ | 2022-06-07T10:10:09Z |
CHICAGO, Aug. 1, 2022 /PRNewswire/ -- Blueprint Healthcare Real Estate Advisors ("Blueprint") announced today it is launching a Behavioral Healthcare advisory group to join its existing offerings of Seniors Housing and Care, Medical Office, and Capital Markets. Industry veteran Andrew Sfreddo will serve as Head of Behavioral Healthcare, and fellow behavioral healthcare real estate veteran, Shane Harmon , will serve as Senior Director.
In 2020, behavioral healthcare accounted for $90.5B of U.S. market value and is on track to reach $132.4B by 2027 – a 5.3% compound annual growth rate. Blueprint attributes the rapid growth to increased state and federal funding and legislative efforts for mental healthcare services in the U.S.
"We are at a pivotal moment where we're seeing a culmination of factors rapidly increase the need for behavioral healthcare facilities and operations throughout the U.S." said Andrew Sfreddo, Head of Behavioral Healthcare. "Our expansion will support government efforts and provide patients and providers access to high-quality behavioral healthcare centers across the country."
Blueprint's model of delivering best-in-class services has earned them recognition as the most active advisor in the seniors housing and care space for five consecutive years. Together, Sfreddo and Harmon, add a combined 40+ years of healthcare real estate and private equity experience, with 10+ years of dedicated behavioral healthcare experience.
"It's an exciting and humbling opportunity to play a part in modernizing and expanding mental healthcare services nationwide. With Sfreddo's leadership and Blueprint's proven track record, we are in an excellent position to serve our existing clients and forge new and impactful relationships throughout the space," said Steven Thomes , Executive Managing Director and Head of Business Development.
Shane Harmon, Behavioral Healthcare Senior Director added, "Our unparalleled access to healthcare capital and facility inventory will allow providers to attract growth capital and mobilize new facilities without any of the hurdles seen before."
Blueprint is available for interviews upon request. For more information, please contact: dnaylor@blueprinthcre.com.
About Blueprint
Chicago-based Blueprint was founded in 2013 with a mission to elevate healthcare real estate brokerage through collaboration and data. They have since become the most active advisor in the seniors housing and healthcare space, with a proven track record of more than 530 transactions valued at over $8.7 billion. The company's proven model intersects broad market coverage with unrivaled analytics. In addition to its expansion into Behavioral Healthcare, Blueprint has comprehensive industry expertise in skilled nursing, seniors housing medical office, and capital markets.
Media Contact:
Diana Naylor
312-300-4185
dnaylor@blueprinthcre.com
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SOURCE Blueprint Healthcare Real Estate Advisors | https://www.mysuncoast.com/prnewswire/2022/08/01/blueprint-healthcare-real-estate-advisors-launches-behavioral-healthcare-group/ | 2022-08-01T14:00:29Z |
Aided by advances in DNA technology, authorities in Florida say they have identified and charged the so-called Pillowcase Rapist accused of sexually assaulting multiple women in the 1980s.
Robert Koehler, 62, is charged in six sexual assault cases that investigators say were carried out with "diabolical precision," according to a Broward County Sheriff's Office (BSO) news release.
"BSO Cold Case Unit detectives worked with Broward Sate Attorney's Office prosecutors to bring charges against Koehler in a total of six sexual assault cases," BSO said, though it did not detail the specific charges he faces.
"On at least eight occasions in 1984 and 1985, detectives believe Koehler snuck into homes in Broward County late at night or in the wee hours of the morning through unlocked doors and attacked his victims while they slept or prepared for bed," the release said.
The suspect allegedly covered his victims heads or his own, sometimes with pillowcases, and made threats to kill the women or their families before assaulting and robbing them, the release said.
Koehler is already in custody in neighboring Miami-Dade County on separate armed sexual battery charges related to a 1983 rape, to which he has pleaded not guilty. He was arrested on those charges in January 2020, CNN previously reported. Once the Miami-Dade case is adjudicated, Koehler will be brought to Broward County to face the additional charges, BSO said.
CNN has reached out to Koehler's public defender in the Miami-Dade case for comment.
Shortly after his 2020 arrest, the Miami-Dade State Attorney's Office announced DNA analysis used to charge him in the 1983 assault also matched DNA samples collected in several other assaults believed to have been committed by the Pillowcase Rapist.
How DNA analysis led to a breakthrough
For decades, assaults believed to have been tied to the Pillowcase Rapist went cold as investigators hit dead ends with no significant leads, Cold Case Unit Sergeant Kami Floyd said in a video released by BSO.
In 2019, Floyd began sifting through thousands of sexual assault cases from the 1980s and narrowed down a handful of suspected Pillowcase Rapist cases.
"At the time (of the assaults), all we had was blood typing," Floyd said in the video. "With this new technology that we have, we were able to retest the specimens and get a full DNA profile of our suspect."
After Koehler was arrested in Miami-Dade County, Broward County investigators obtained a new DNA swab from him that matched the original specimens from several of the suspected Pillowcase Rapist cases, Floyd said.
"From the DNA that we were able to pull from our evidence, with 100 percent certainty Robert Koehler's DNA matches the DNA from every one of our victims," Floyd said. "Every single one of these women, I can't imagine what they went through in the initial instance. But having to relive it this many years later, I'm amazed at their ability to recall, their ability to speak freely about it and so detailed."
DNA analysis also led investigators to Koehler in the Miami-Dade case he is currently in custody for.
A "key breakthrough" occurred after Koehler's son was arrested in an unrelated case, CNN previously reported. His son's DNA was similar enough to the Pillowcase Rapist's that investigators believed the unknown attacker was his father. After arresting Koehler in 2020, police obtained a search warrant that allowed them to get a swab of his DNA to confirm the match, Miami-Dade State Attorney Katherine Fernandez Rundle said at the time.
Broward County authorities believe there may be more victims unknown to law enforcement and encouraged anyone with information to reach out to the BSO Cold Case Unit or the Broward Crime Stoppers tipline.
"Based on the number of similar cases that occurred in South Florida in the 1980s and gaps in the reported attacks, detectives and victims believe there may be more victims of the 'Pillowcase Rapist' who have yet to come forward," the BSO video said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/suspected-pillowcase-rapist-is-charged-in-a-series-of-sexual-assaults-in-florida-in-the/article_8da73df8-cf90-5a59-995f-a1eae3eb29c6.html | 2022-06-08T06:20:15Z |
Dalbec’s HR helps Red Sox avoid sweep, beat Yankees 4-3
By JAKE SEINER
AP Baseball Writer
NEW YORK (AP) — Bobby Dalbec hit a tiebreaking solo homer in the sixth inning and the Boston Red Sox avoided a season-opening sweep against their longtime rival with a 4-3 win over the New York Yankees. Boston blew multi-run leads in the first two games of the series and did so again Sunday. This time, the Red Sox rallied back, with Dalbec connecting off reliever Clarke Schmidt for his first of the season. The Red Sox ended an eight-game regular-season skid against New York — a stretch that doesn’t include their victory in last year’s AL wild-card game. The rivals don’t play again until July 7. | https://localnews8.com/sports/ap-national-sports/2022/04/10/dalbecs-hr-helps-red-sox-avoid-sweep-beat-yankees-4-3/ | 2022-04-11T03:43:35Z |
2 hospitalized after argument over doughnuts leads to fight
SPARTANBURG, S.C. (WHNS/Gray News) – Two people were taken to a hospital in South Carolina this weekend after a fight broke out at a Krispy Kreme.
Store employees told WHNS one of the victims is still in ICU, while the other has since been released.
A witness told police she was waiting in line for food when a man and woman began arguing with the employee at the drive-through window.
The employee who was arguing with the customers told officers they had initially ordered a type of doughnut the store did not have.
When he told them they didn’t have that type, he said the customers replied, “Why do you have such an attitude about it?”
Police said the employee then told the customers to “order doughnuts we have or don’t order at all.”
Shortly after, the pair came into the lobby yelling.
According to the witness, another employee came over to try and stop the two but was shoved to the ground and hit his head on the concrete floor.
A third employee tried to stop the altercation but was also pushed to the ground.
Both people injured during the fight were taken to the hospital for treatment.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/03/2-hospitalized-after-argument-over-doughnuts-leads-fight/ | 2022-05-04T05:25:49Z |
PORTLAND, Ore., Aug. 9, 2022 /PRNewswire/ -- Columbia Pacific Advisors' Business Finance strategy (CPBF), a Seattle-based direct lender to privately-held and sponsor-backed companies, is pleased to announce that it has provided a $17 million senior secured term loan to support the acquisition of Signal Hound, Inc. (Signal Hound). The radio frequency (RF) equipment firm is set to be acquired by Portland-based independent sponsor, Bridgehouse Capital.
Headquartered in Battle Ground, Washington, Signal Hound has become a leading designer and manufacturer of RF signal generators and spectrum analyzers. Over the company's 26 years of operation, Signal Hound has built a brand synonymous with innovation, quality, and unrivaled value. The company's products are relied upon for mission-critical RF analysis by U.S. government customers, educational institutions, and electronics manufacturers around the world.
"CPBF understood the independent sponsor process and was able to perform due diligence and close in a very tight time frame," said Harrison Osbourn, CEO of Bridgehouse Capital. "As a Navy veteran who worked with signal intelligence during my years of service, I understand the importance of RF spectrum analysis to achieving mission objectives. I look forward to working with Signal Hound's dedicated employees and talented engineers to bring its robust product pipeline and expanded product suite to market."
"We are pleased to support Bridgehouse Capital and build upon Signal Hound's legacy of success in the RF signal industry," said Lawrence Litchfield, Director of Business Development for CPBF. "This transaction demonstrated CPBF's ability to partner with independent sponsors and provide creative financing solutions for acquirers of privately-held companies."
Portland based Confluence Capital Group Inc. served as the exclusive financial advisor for Bridgehouse.
ABOUT SIGNAL HOUND
Signal Hound designs and builds RF measurement equipment in varying form factors, frequency ranges, and feature sets. Their equipment is used by government, industrial, and educational customers across the world. For more information, visit www.signalhound.com.
ABOUT COLUMBIA PACIFIC BUSINESS FINANCE
Columbia Pacific Business Finance (CPBF) provides direct financing to growing midsize companies throughout the country. The evergreen fund delivers structured equity, venture, bridge, and mezzanine debt solutions, offering flexibility and creativity to support its financing partners. CPBF focuses on partnerships with privately held and sponsor-backed businesses across a wide range of sectors. Its parent company, Columbia Pacific Advisors, manages $3.9 billion of alternative assets (as of 12/31/2021), including public and private equities. For more information, visit www.columbiapacific.com.
RUBENSTEIN PUBLIC RELATIONS
CONTACT: SARA KLEIN, 212-805-3018
SKLEIN@RUBENSTEINPR.COM
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SOURCE Columbia Pacific Business Finance | https://www.mysuncoast.com/prnewswire/2022/08/09/columbia-pacific-advisors-business-finance-strategy-provides-17-million-loan-support-acquisition-radio-frequency-equipment-firm-signal-hound/ | 2022-08-09T18:13:43Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Lilium N.V. f/k/a Qell Acquisition Corp. ("Lilium N.V. f/k/a Qell Acquisition Corp." or the "Company") (NASDAQ: LILM) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lilium N.V. f/k/a Qell Acquisition Corp. investors who were adversely affected by alleged securities fraud between March 30, 2021 and March 14, 2022. Follow the link below to get more information and be contacted by a member of our team:
LILM investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Lilium materially overstates the design and capabilities of the Lilium Jet, an electric vertical take-off-and-landing aircraft for use in a new type of high-speed air transport system for people and goods; (2) Lilium materially overstates the likelihood for the Lilium Jet's timely certification; (3) Lilium misrepresents its ability to obtain or create the necessary batteries for the Lilium Jet; (4) the special purpose acquisition company merger would not and did not generate enough cash to commercially launch the Lilium Jet; (5) Qell Acquisition Corp. did not engage in proper due diligence regarding its merger with Lilium GmbH; and (6) as a result, Defendants' public statements and statements to journalists were materially false and/or misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Lilium N.V. f/k/a Qell Acquisition Corp. during the relevant time frame, you have until June 17, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/06/02/lilm-lawsuit-alert-levi-amp-korsinsky-notifies-lilium-nv-fka-qell-acquisition-corp-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-02T18:55:48Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings ("Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings" or the "Company") (NYSE: BKKT) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Bakkt securities between March 31, 2021 and November 19, 2021, both dates inclusive; and/or (b) Bakkt Class A common stock pursuant and/or traceable to documents issued in connection with the business combination between the Company and Bakkt Holdings, LLC completed on or about October 15, 2021. Follow the link below to get more information and be contacted by a member of our team:
BKKT investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the Company had defective financial controls; (ii) as a result, there were errors in the Company's financial statements related to the misclassification of certain shares issued prior to the business combination between the Company and Bakkt Holdings, LLC; (iii) accordingly, the Company would need to restate certain of its financial statements; (iv) the Company downplayed the true scope and severity of these issues; (v) the Company overstated its remediation of its defective financial controls; and (vi) as a result, the documents issued in connection with the business combination and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
WHAT'S NEXT? If you suffered a loss in Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings during the relevant time frame, you have until June 20, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/06/02/bkkt-lawsuit-alert-levi-amp-korsinsky-notifies-bakkt-holdings-inc-fka-vpc-impact-acquisition-holdings-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-02T18:52:39Z |
Watching Your Wallet: Managing rising credit card bills
Try to pay the minimum, on-time to protect your credit score
InvestigateTV - Credit card debt continues to climb in the U.S. as experts expect people to lean on their cards to offset inflation, rising interest rates and for help with basic expenses like food and utilities.
Rising prices could be detrimental to as many as 40% of Americans in households earning about $45,00 a year or less, according to recent analysis from NerdWallet.
Elizabeth Renter, a data analyst for NerdWallet, said if you are in financial trouble or can’t make your minimum payment on your credit card, get help. The first place to turn is your credit card issuer.
“Credit card issuers have financial hardship programs that aren’t just for the pandemic,” Renter said. “So, whether you lose a job or bills just get out of control. Give them a call and they may be able to help reduce your payments temporarily.”
If that doesn’t work, Renter said look for a nonprofit credit counseling or debt management firm that can help you make plans to tackle your debt.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/15/watching-your-wallet-managing-rising-credit-card-bills/ | 2022-06-15T19:49:22Z |
Manatee County Sheriff issues missing endangered alert
Published: Mar. 31, 2022 at 6:32 PM EDT|Updated: 3 hours ago
MANATEE COUNTY, Fla. (WWSB) - The Manatee County Sheriff’s Office has released a missing endangered alert for Diane M. Shipley.
Shipley, 59, was last seen walking away from a doctor’s office in the 2400 block of University Parkway East around 11:20 a.m. Thursday. Prior to her leaving the office, medical staff had reason to believe that she was a danger to herself.
Anyone with information on her whereabouts is asked to contact the Manatee County Sheriff’s Office at (941) 747-3011.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/03/31/manatee-county-sheriff-issues-missing-endangered-alert/ | 2022-04-01T02:06:15Z |
GOTHENBURG, Sweden, July 20, 2022 /PRNewswire/ --
Rickard Gustafson, President and CEO:
"Review of the second quarter
In the second quarter we saw organic revenue growth above 5%, driven by a general strong demand in most regions, especially within targeted high-growth segments, a somewhat higher automotive sales than anticipated and continued price realization.
Growth in Industrial was 6%, with Automotive delivering growth of 3%. Sales to targeted high-growth segments including railway, automation, agriculture, food and beverage continue to develop at a fast pace, with double-digit organic growth.
Net sales were SEK 23,655 million (20,735), on relatively flat sales volumes.
Our adjusted operating profit fell to SEK 2,473 million (3,118), with an adjusted operating margin of 10.5% (15.0%). The Industrial margin was 13.8% (17.4%) and the Automotive margin was 1.7% (9.1%).
The margin development in the quarter was largely a consequence of exceptionally challenging circumstances in April and May. In these two months, the war in Ukraine and the Chinese lockdown impacted our earnings negatively. As a result of these circumstances, material, utilities and logistics costs increased by approximately SEK 600 million compared to Q1. Market conditions in June were more normalized. This, in combination with further price increase realization, resulted in more stable earnings towards the end of the quarter.
Going forward, we maintain our emphasis on controlling costs and increasing prices, delivering continued stronger price realization quarter by quarter.
Cash flow from operations improved sequentially and was SEK 1,293 million (1,372).
Delivering on our strategy
We continue to focus on creating a more customer centric, profitable, faster growing and leaner SKF. In addition to investing in our targeted growth areas and increasing the pace of automation of our factories, we are also making progress in pruning our portfolio. As an example, within Automotive, we have already decided to exit margin-dilutive business with total sales of over SEK 1,200 million, with further pruning to take place as long-term contracts come up for renewal.
The second quarter saw the launch of the RecondOil Box, making our technology available to a wider market. We have already recorded sales of 400 units, with a fast-growing orderbook, especially within heavy industries and energy.
When it comes to factory consolidation, we have announced a further two site closures during the first half of the year. We also completed our previously announced controlled exit from Russia.
To further strengthen and complement our existing industrial seals offer, we have signed an agreement to acquire Tenute, an Italian seals manufacturer.
As we move to the next phase of executing on our strategy, two changes to Group Management have been announced this morning. Patrick Tong (President, Industrial Sales China and Northeast Asia) and Kent Viitanen (President, Industrial Sales EMEA), both of whom have played significant roles in SKF's development in recent years, will be leaving SKF during the third quarter. On behalf of everyone in SKF, I wish them well in the future.
Outlook
Looking into the third quarter of 2022, we expect a high single-digit organic sales growth, with an expected recovery in Automotive demand compared to the same quarter last year.
We expect that the high level of volatility in the markets continues with the ongoing war in Europe, high inflation, a risk for Covid-19 related restrictions across many geographies, supply chain bottlenecks and a volatile demand. For the full year 2022, we maintain our outlook of an organic sales growth of about 4-8%."
Outlook and guidance
Demand for Q3 2022 compared to Q3 2021
Looking into the third quarter of 2022, we expect a high single-digit organic sales growth, with an expected recovery in Automotive demand compared to the same quarter last year.
We expect that the high level of volatility in the markets continues with the ongoing war in Europe, high inflation, a risk for Covid-19 related restrictions across many geographies, supply chain bottlenecks and a volatile demand.
Guidance for Q3 2022
Currency impact on the operating profit is expected to be around SEK 350 million positive compared with the third quarter 2021, based on exchange rates per 30 June 2022.
Guidance 2022
- For the full year 2022, we expect an organic sales growth of about 4-8%.
- Tax level excluding effects related to divested businesses: around 28%.
- Additions to property, plant and equipment: around SEK 5 billion.
A teleconference will be held on 20 July 2022 at 09:00 (CEST):
Sweden +46 10 884 80 16
UK / International +44 203 936 2999
Passcode: 371618
Aktiebolaget SKF
(publ)
The financial information in this press release is information which AB SKF is required to disclose under the EU Market Abuse Regulation (EU) No 596/2014 The information was provided by the above contact persons for publication on 20 July 2022 at 08.00 CEST.
For further information, please contact: PRESS: Theo Kjellberg, Director, Press Relations
tel: 46 31 337 6576, mobile: 46 725-776576, e-mail: theo.kjellberg@skf.com
INVESTOR RELATIONS: Patrik Stenberg, Head of Investor Relations
Patrik Stenberg, 46 31-337 2104; 46 705-472 104; patrik.stenberg@skf.com
This information was brought to you by Cision http://news.cision.com
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SOURCE SKF | https://www.wibw.com/prnewswire/2022/07/20/skf-half-year-report-2022-solid-growth-increasing-price-realization-helping-mitigate-high-cost-inflation/ | 2022-07-20T07:54:39Z |
New development is on track to open in early 2024, adding 888 rooms and 266,000 square feet of function space to Arlington's Entertainment District
Soy Cowboy is the latest restaurant creation from Texas-based restaurant group, Berg Hospitality
ARLINGTON, Texas, July 20, 2022 /PRNewswire/ -- Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation (NYSE: L), today topped off the $550 million Loews Arlington Hotel and Convention Center and announced the new signature restaurant. Executives from the company were joined by Arlington Mayor Jim Ross, Managing Partner and Majority Owner of the Texas Rangers Ray Davis, Benjamin Berg, Founder & CEO of Berg Hospitality, along with members of the Arlington City Council and other community and business leaders, to recognize and celebrate this milestone.
"Loews Arlington is on schedule to open in early 2024 and our confidence and commitment to the city of Arlington continues," said Jonathan Tisch, Chairman & CEO, Loews Hotels & Co. "Arlington, TX is already one of the premier sports and entertainment destinations in the United States, and we anticipate once Loews Arlington opens, the city will also become a leading destination for meetings and events."
As part of this milestone event, the hotel company has also named the hotel's signature restaurant anchor, Soy Cowboy, a pan-Asian concept, from Houston-based restaurateur, Benjamin Berg of Berg Hospitality.
Berg Hospitality Group conceives, launches and operates restaurants in Texas with a commitment to giving back to the local communities. The budding culinary group is responsible for creating B&B Butchers & Restaurant in Houston and Fort Worth, B.B. Italia Bistro & Bar, B.B. Lemon, The Annie Café & Bar, Turner's, NoPo Café, Market & Bar, and Trattoria Sofia, along with more concepts to come. With a true passion for the hospitality industry, all of Berg's restaurants focus on offering excellent service, unique atmospheres and unparalleled experiences for their guests while always fostering an inclusive environment for all guests, staff, and vendors.
"Berg Hospitality has worked across Texas to create unique upscale dining offerings for nearly a decade, making them the ideal partner to develop, own and manage our new signature restaurant inside the Loews Arlington Hotel," said Alex Tisch, President, Loews Hotels & Co. "Soy Cowboy will be Berg's first pan-Asian concept and will re-define the culinary scene in Arlington's already bustling entertainment district.
Soy Cowboy will be an upscale and sophisticated pan-Asian concept, transporting guests on an adventurous tour through the flavors of China, Korea, Vietnam, Thailand, Japan and more. The menu will include a selection of sharable plates exploring classic Asian cooking techniques including traditional sushi, tempura, wok, robatayaki, hibachi and teppanyaki, as well as Korean barbeque. Guests can also expect an innovative cocktail menu paired with an extensive wine and sake list.
"We are thrilled to partner with Loews Hotels & Co as we bring new life and exciting Asian flavors to Arlington with our original concept and restaurant anchor, Soy Cowboy," said Benjamin Berg, who currently owns and operates eight restaurant concepts in Houston and Fort Worth and has plans to open 10 more concepts between now and 2024. "The world-renowned hospitality knowledge and impeccable standards of Loews Hotels & Co coupled with my team's vision and restaurant expertise will create and solidify a new lively dining and social scene for those visiting the area."
Soy Cowboy, like all Berg Hospitality restaurants, will focus on offering excellent food and service, a unique atmosphere and an unparalleled experience for guests. For more information and updates, visit www.soycowboy.com.
The addition of the Loews Arlington Hotel and Convention Center, a full-service resort, will amplify Arlington's robust convention and tourism opportunities, and Soy Cowboy will add to the culinary scene of the greater Arlington area.
"The City of Arlington has been able to see firsthand what it's like to partner with Loews Hotels & Co and innovative minds like Jon and Alex Tisch. They take our tourism options to the next level and create jobs for our community," said Arlington Mayor Jim Ross. "With the addition of the Loews Arlington hotel, guests will experience hospitality at a level and standard of excellence that's second to none."
Opening in early 2024, Loews Arlington Hotel and Convention Center will feature:
- 888 guestrooms and suites
- 200,000 square feet of indoor meeting space
- 66,000 square feet of outdoor space, including an oversized event lawn
- Five food and beverage outlets, including a three-meal indoor/outdoor restaurant featuring two wood-fire pizza ovens and homemade pasta made on-site and signature restaurant, Soy Cowboy
- 1,550-space parking garage
- Resort-style beach club with two swimming pools, man-made beach, cabanas, fire pits and water slide
- The Arlington Convention Center, also operated by Loews Hotels & Co, will be located within the hotel
Situated between Globe Life Field and AT&T Stadium, Loews Arlington Hotel and Convention Center will be accessible to the 300-room Live! by Loews via a Sky Bridge. The two hotels combined offer nearly 1,200 guestrooms and more than 300,000 square feet of meeting and event space.
"It is very exciting to watch the incredible progress that has been made on the construction of Loews Arlington Hotel and Arlington Convention Center," said Ray Davis, Managing Partner & Majority Owner of the Texas Rangers. "The City of Arlington and Loews Hotels & Co have been great partners on this project which will bring even more guests to the ever-growing Arlington Entertainment District. This area is fast becoming one of the leading sports and entertainment destinations in the United States."
Loews Arlington Hotel and Convention Center is part of phase two of the development of Arlington's Entertainment District. Continuing their public-private partnership with the City of Arlington, Loews Hotels & Co, The Texas Rangers and The Cordish Companies are building upon the momentum and success of Texas Live!, Live! by Loews - Arlington, and the Rangers' Globe Life Field. Additional features of the expansion include One Rangers Way, an upscale residential community, and Spark Arlington, a collaborative workspace in Choctaw Stadium, both developed by The Cordish Companies.
Loews Hotels & Co is working with HKS as the architect and Looney & Associates on the interior design for this new hotel. Loews Arlington Hotel and Convention Center is being built by JE Dunn, who built the Loews Kansas City Hotel, which opened in June 2020. Arlington's Con-Real is also involved in the construction of the project.
To see what Loews Arlington and Convention Center will look like, visit: Loews Arlington Hotel video.
Headquartered in New York City, Loews Hotels & Co is rooted in deep heritage and excellence in service. The hospitality company encompasses branded independent Loews Hotels, and a solid mix of partner-brand hotels. Loews Hotels & Co owns and/or operates 26 hotels and resorts across the U.S. and Canada, including Loews Kansas City and Universal's Endless Summer Resort – Dockside Inn and Suites, the eighth hotel in partnership with Comcast NBC Universal, both which opened in 2020. Located in major city centers and resort destinations from coast to coast, the Loews Hotels portfolio features properties grounded in family heritage and dedicated to delivering unscripted guest moments with a handcrafted approach. For reservations or more information about Loews Hotels, call 1-800-23-LOEWS or visit: www.loewshotels.com.
Like Loews Hotels on Facebook: www.facebook.com/LoewsHotels
Follow Loews Hotels on Twitter: www.twitter.com/loews_hotels
Watch Loews Hotels on YouTube: www.youtube.com/LoewsHotels
Media Contact:
Sarah Murov
Loews Hotels & Co
Email: smurov@loewshotels.com
Phone: 305-725-6806
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SOURCE Lowes Hotels & Co | https://www.kxii.com/prnewswire/2022/07/20/loews-hotels-amp-co-tops-off-550-million-888-room-loews-arlington-hotel-arlington-convention-center-names-soy-cowboy-hotels-signature-restaurant-anchor/ | 2022-07-20T17:04:45Z |
No services are planned for Katherine Elizabeth Euler, 32, of Temple.
The body will be donated to science through Science Care.
Ms. Euler died Thursday, May 26, at her residence.
She was born April 14, 1990, in Dallas to Bill and Melody Euler. She was a lifelong resident of Temple and attended Temple ISD schools. She was a member of Temple Bible Church, where she helped for the special needs His Kids group.
Survivors include her mother, of Austin; her father and stepmother, Mary Essling of Michigan City, Ind.; a sister, Rachel Euler of Temple; a brother, Weston Euler of Temple; and two grandmothers, Barbara Barnett of Dallas and Barbara Euler of LaPorte, Ind.
Memorials may be made to Temple Bible Church. | https://www.tdtnews.com/obituaries/article_7f6d87cc-de10-11ec-ac28-b3c9a560c7fe.html | 2022-05-28T09:06:40Z |
The University of Notre Dame, North Carolina State University, Georgia State University, and Georgia Tech Choose iFOLIO
ATLANTA, June 28, 2022 /PRNewswire/ -- iFOLIO today announces a growing number of colleges including University of Notre Dame, North Carolina State University, Georgia State University, and Georgia Institute of Technology have chosen the leading marketing cloud platform as they accelerate growth.
As colleges modernize how they reach donors and alumni they are expanding with iFOLIO. The platform is easy to use and SOC 2 certified secure. iFOLIO empowers managers to automate mass campaigns with digital portfolios to donors across all channels (email, text message, web, video, and mobile). It also empowers development leaders to make a substantial ask with a modern digital portfolio shared 1-to-1 in person. Patented analytics and heat maps help development officers understand their customer better and prioritize follow-ups with the iFOLIO database in real-time.
"We understand higher education institutions need trustworthy, flexible, secure solutions to scale to meet their unique needs. iFOLIO is committed to providing the most innovative tools for digital transformation and also for personalized engagement," says Jean Marie Richardson, President and CEO, iFOLIO. "By leveraging iFOLIO's powerful cloud capabilities, our customers are equipped to dramatically optimize how they engage with their communities, so they can help advance opportunities for students and research even more."
The digital portfolios include videos, animated charts, and interactive content bringing stories of students, research and innovation alive. Alumni, donors, and fans can engage and respond right from their mobile phone, tablet, or laptop.
Georgia Tech, a top 10 ranked research university, has used iFOLIO for 3 years. Georgia Tech Development had their best campaign year to date their first year using iFOLIO, during the pandemic in 2020. First, they focused on engaging constituents. Then they focused on targeted asks with personalized portfolio presentations.
With $175 million raised in 2020, they used iFOLIO for engagement campaigns and for presentations for medium asks, large asks ($250,000), and very large asks (sized $10 million).
Now in preparation for a historic $2 Billion Capital Campaign, they are expanding to over 200 development officers, 40 segments, and 3 million digital portfolio presentation sites.
The cloud marketing technology empowers universities to increase fundraising dollars, retain donors, and personalize engagement institution-wide. iFOLIO's Reverse CRM® enables universities to integrate with other tech, or use the platform as a standalone solution.
The University of Notre Dame, North Carolina State University, Georgia State University, among others have transformed donor engagement with iFOLIO.
iFOLIO, the leader in marketing cloud software, empowers companies and organizations of all sizes and industries to digitally transform their customer engagement with a flexible cloud platform. iFOLIO empowers organizations to increase their impact through a flexible and secure platform, expertise, and data intelligence. The iFOLIO portfolio is tailored to the unique needs of vertical markets with solutions for fundraising and CRM, marketing, communications, presentations, gameday fan engagement, and analytics.
iFOLIO powers customers and their usage in all 50 states and 100 countries. iFOLIO is SOC 2 certified and based in Atlanta, Georgia.
For more information, visit: www.ifoliocorp.com or ifolio.cloud/home
Media Contact:
Ollie Peterson
Digital Marketing Manager
470-223-4818
media@ifoliocorp.com
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SOURCE iFOLIO | https://www.wibw.com/prnewswire/2022/06/28/colleges-trust-ifolio-marketing-cloud-accelerate-growth/ | 2022-06-28T14:25:51Z |
Leading marketing and print solutions franchise continues growth with new leadership hire
DENVER, June 14, 2022 /PRNewswire/ -- AlphaGraphics, a leading franchisor of printing and marketing solutions, continues its commitment to future growth with a new leadership hire. Matthew Isom has been named the new retail network development marketing director for the franchise. He will also assume the same role under the PostNet banner.
As the retail network development marketing director, Isom will be primarily responsible for overall franchise development campaign execution across the AlphaGraphics and PostNet brands. This will include lead generation strategy, planning and execution of integrated marketing strategies for franchise recruitment, development and implementation of strategic marketing campaigns to increase franchise awareness and achieve annual revenue goals, development and coordination of semi-monthly candidate webinars, and much more.
"Over the past two years, AlphaGraphics and PostNet made the necessary changes to provide growth opportunities despite the pandemic that plagued the business community," said Bill McPherson, vice president of franchise development. "With both franchises seeing amazing success, we wanted to continue that trajectory by making an addition to our leadership team solely to help grow our franchise network. Matthew will play a pivotal role in helping push AlphaGraphics and PostNet to new heights as we continue to thrive on a franchise level."
Isom brings a broad wealth of experience to the director position. Before joining AlphaGraphics and PostNet, he worked as the partner relations manager at Ring Ring Marketing. He has also held positions as a digital marketing consultant, data analyst, marketing strategist and digital marketing specialist.
A graduate of the University of Colorado at Boulder, Isom said he looks forward to helping with the growth and expansion of both the PostNet and AlphaGraphics brands.
"Franchising is a unique industry in that entrepreneurs are given a set of tools and a business model to help them become successful on a local or regional level," Isom said. "Both AlphaGraphics and PostNet provide an excellent example of a franchise doing it the right way by providing franchisees with numerous resources for exponential growth. I look forward to working with Bill McPherson, Ryan Farris and all the other executives to help continue the success that PostNet and AlphaGraphics exemplify."
AlphaGraphics was founded in 1970, and the company began offering franchise opportunities in 1979. For more information, visit http://www/alphagraphics.com.
PostNet opened its doors in 1993. With over 600 locations in North America, Central America, South America and Africa, PostNet is a global leader in printing and shipping solutions. For more information, visit https://www.postnet.com/.
AlphaGraphics, Inc., with more than 285 locations in 6 countries, is one of the largest U.S.-based networks of locally-owned and operated Business Centers offering a complete range of print, visual communications, and marketing products. Solutions include: full-service digital, offset, and large format printing; design services; mailing; one-to-one marketing solutions; promotional products; and web to print solutions. For more information about AlphaGraphics services, visit www.alphagraphics.com. To learn about franchise opportunities, visit www.alphagraphicsfranchise.com.
PostNet opened its doors in 1993. With nearly 700 locations in North America, Central America, South America and Africa, PostNet is a global leader in printing and shipping solutions. In 2017, PostNet joined the MBE Worldwide family. Combined, MBE has nearly 2,600 locations in 44 countries. For more information about PostNet services, visit www.postnet.com. To learn about franchise opportunities, visit www.postnetfranchise.com.
MBE Worldwide S.p.A. ("MBE"), a privately-owned company with its headquarters in Italy, is a Global Commerce enabler for SMBs and consumers thanks to its platform providing e-commerce, fulfillment, shipping, marketing and print solutions via multi-brand operations: PrestaShop, Mail Boxes Etc. (except the US and Canada), PostNet, PACK & SEND, Spedingo.com, AlphaGraphics, Multicopy and Print Speak. The combination of our retail platform - that currently counts 2,900+ Service Centers in 53 Countries with more than 12.000 associates - with our PrestaShop ecommerce platform served almost one million business customers in FY 2021 generating €1.01 billion (US $1.2 billion) of System Wide Sales and €24 billion (US $28.5 billion) of e-commerce Gross Merchandise Value.
For additional information please visit MBE Worldwide Group websites at www.mbecorporate.com - www.prestashop.com/en - www.mbeglobal.com - www.postnet.com - www.packsend.com.au - www.spedingo.com/en - www.alphagraphics.com - www.multicopy.nl - www.printspeak.com - www.mbe.it - www.mbe.es - www.mbe.de - www.mbefrance.fr - www.mbe.pl - www.mbeportugal.pt - www.mbe.co.uk
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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SOURCE AlphaGraphics | https://www.mysuncoast.com/prnewswire/2022/06/14/matthew-isom-named-retail-network-development-marketing-director-alphagraphics-postnet/ | 2022-06-14T11:58:24Z |
SUZHOU, China, and ROCKVILLE, Md., June 6, 2022 /PRNewswire/ -- scentage Pharma (6855.HK), a global biopharmaceutical company engaged in developing novel therapies for cancers, chronic hepatitis B (CHB), and age-related diseases, today announced that it has released the updated results from a Phase II study of the MDM2-p53 inhibitor alrizomadlin (APG-115) plus pembrolizumab in adults and children with various solid tumors in a Poster Discussion session at the 58th American Society of Clinical Oncology (ASCO) Annual Meeting.
Entering the fifth consecutive year in which its abstracts were selected for presentations by the ASCO Annual Meeting, Ascentage Pharma showcased results from multiple clinical trials of its five drug candidates, including the much-anticipated data of alrizomadlin plus pembrolizumab, updated from the data at last year's oral presentation at the ASCO Annual Meeting. The updated results further validate the combination therapy's efficacy in patients with immuno-oncologic- (I-O) drug-resistant or recurrent melanoma, including two complete responses (CRs), an objective response rate (ORR) of 11% and a disease control rate (DCR) of 57%. The abstract also reports favorable clinical benefit in patients with malignant peripheral nerve sheath tumour (MPNST), demonstrated by a DCR of 50%. MPNST is a rare pediatric type of sarcoma lacking effective treatment options.
"Ascentage's novel oral MDM2 inhibitor (alrizomadlin APG-115) continues to be well tolerated in combination with pembrolizumab and provides clinical benefit in several I-O relapse refractory tumor types, specifically various melanoma subtypes as well as MPNST, a rare pediatric sarcoma tumor with no available approved therapies", said Dr Bartosz Chmielowski, MD, Associate Professor from the Melanoma and Sarcoma program at UCLA, who presented the updated results at ASCO 2022.
Dr. Yifan Zhai, Chief Medical Officer of Ascentage Pharma, commented, "Alrizomadlin, a China-developed novel drug with first-in-class potential, is the first MDM2-p53 inhibitor entering clinical studies in China. These data we presented at this year's ASCO Annual Meeting validates alrizomadlin's therapeutic potential in patients with solid tumors that progressed on I-O drugs, thus signaling a potential new treatment option for patients with solid tumors. Furthermore, we are proud to be able to present clinical development progress for a number of Ascentage Pharma's drug candidates, which highlight our capabilities in global innovation. Honoring our mission of addressing unmet clinical needs in China and around the world, we are now accelerating our clinical programs to bring more safe and effective therapeutics to patients in need."
The highlights of this abstract on alrizomadlin are as follows:
Newly updated activity results of alrizomadlin (APG-115), a novel MDM2/p53 inhibitor, plus pembrolizumab: Phase 2 study in adults and children with various solid tumors.
Abstract: #9517
- This US/Australian multicenter trial evaluated the safety, tolerability, pharmacokinetics (PK), pharmacodynamics (PD), and antitumor activity of alrizomadlin in combination with pembrolizumab in patients with advanced solid tumors.
- As of March 1, 2022, 150 patients had been enrolled in the Phase II study. Alrizomadlin was orally administered QOD at the recommended Phase II dose (RP2D) of 150 mg in combination with intravenously administered pembrolizumab. This study consists of 6 cohorts: PD-1/PD-L1-refractory melanoma (n=60), non-small cell lung cancer (NSCLC, n=19)/STK-11-mutant lung adenocarcinoma (n=7), ATM-mutant solid tumors (n=20); liposarcoma (n=17), urothelial cancer (n=13), and MPNST failed prior standard-of-care therapies (n=14).
- Efficacy Results:
- Common treatment-related adverse events (TRAEs; ≥ 10%) of any grade were nausea, thrombocytopenia, vomiting, fatigue, decreased appetite, diarrhea, neutropenia, and anemia.
- Conclusions:
Appendix: A list of Ascentage Pharma's abstracts selected by this year's ASCO Annual Meeting
About Ascentage Pharma
Ascentage Pharma (6855.HK) is a globally focused biopharmaceutical company engaged in developing novel therapies for cancers, chronic hepatitis B, and age-related diseases. On October 28, 2019, Ascentage Pharma was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code 6855.HK.
Ascentage Pharma focuses on developing therapeutics that inhibit protein-protein interactions to restore apoptosis, or programmed cell death. The company has built a pipeline of eight clinical drug candidates, including novel, highly potent Bcl-2, and dual Bcl-2/Bcl-xL inhibitors, as well as candidates aimed at IAP and MDM2-p53 pathways, and next-generation tyrosine kinase inhibitors (TKIs). Ascentage Pharma is also the only company in the world with active clinical programs targeting all three known classes of key apoptosis regulators. The company is conducting more than 50 Phase I/II clinical trials in the US, Australia, Europe, and China. Olverembatinib, the company's core drug candidate developed for the treatment of drug-resistant chronic myeloid leukemia (CML), was granted Priority Review status and a Breakthrough Therapy Designation (BTD) by the Center for Drug Evaluation (CDE) of the China National Medical Products Administration (NMPA) and is already approved for the indication. In addition, olverembatinib was also granted an Orphan Drug Designation (ODD) and a Fast Track Designation (FTD) by the US FDA, and an Orphan Designation by the EU. To date, Ascentage Pharma has obtained a total of 15 ODDs, 2 FTDs, and 2 Rare Pediatric Disease (RPD) designations from the FDA and 1 ODD from the EU for four of the company's investigational drug candidates. Ascentage Pharma has been designated for multiple Major National R&D Projects, including 5 National Major New Drug Discovery and Manufacturing projects, 1 New Drug Incubator status, 4 Innovative Drug Programs, and 1 Major Project for the Prevention and Treatment of Infectious Diseases.
Leveraging its robust R&D capabilities, Ascentage Pharma has built a portfolio of global intellectual property rights and entered into global partnerships with numerous renowned biotechnology and pharmaceutical companies and research institutes such as UNITY Biotechnology, MD Anderson Cancer Center, Mayo Clinic, Dana-Farber Cancer Institute, Merck, AstraZeneca, and Pfizer. The company has built a talented team with global experience in discovering, developing, launching, and commercializing innovative drugs and is setting up world-class commercial manufacturing and Sales & Marketing teams. One pivotal aim of Ascentage Pharma is to continuously strengthen its R&D capabilities and accelerate its clinical development programs, in order to fulfil its mission of addressing unmet clinical needs in China and around the world for the benefit of more patients.
Forward-Looking Statements
The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, Ascentage Pharma undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect. In this article, statements of, or references to, our intentions or those of any of our Directors or our Company are made as of the date of this article. Any of these intentions may alter in light of future development.
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SOURCE Ascentage Pharma | https://www.mysuncoast.com/prnewswire/2022/06/07/asco-2022-ascentage-pharma-releases-updated-results-demonstrating-therapeutic-potential-alrizomadlin-apg-115-plus-pembrolizumab-patients-with-solid-tumors-who-progressed-immunotherapies/ | 2022-06-07T03:53:12Z |
School safety agent and teacher slashed at elementary school
By WABC Staff
Click here for updates on this story
SOUNDVIEW, Bronx, New York (WABC) — A school safety agent and a teacher were slashed when they intervened during an attack at a Bronx elementary school Thursday morning.
Authorities say a 36-year-old female guidance counselor was walking into P.S. 69 Journey Prep School when the suspect rushed in behind her.
It happened inside the school on Thieriot Avenue in the Soundview section at 7:40 a.m., before students had arrived.
The man, apparently the ex-boyfriend of the guidance counselor, started to assault her.
An assistant principal and a veteran fifth-grade socials studies teacher intervened and attempted to hold the suspect, identified as 23-year-old Claudio Villar.
Police say Villar pulled out a sharp object and slashed the teacher, Jaren Nash, on the arm. Hector Garcia, the 55-year-old school safety agent, also intervened and was slashed behind the ear.
“An intruder who is attempting to enter a school, according to preliminary information, attempted to assault a teacher,” Mayor Eric Adams said. “A heroic act by a school safety agent prevented it from taking place.”
The suspect fled, but Nash was able to give a detailed description of the suspect’s car. A responding officer spotted the vehicle and pulled Villar over on the other side of the school.
Both the school safety agent and the teacher were taken to Jacobi Medical Center with non-life-threatening injuries.
“Violence has absolutely no place in our schools, and this senseless act against an essential member of our school community is unacceptable,” Schools Chanceller David Banks said. “Our incredible educators and School Safety Agents work every day to keep our children safe, and I am grateful for their steadfast dedication to our schools. We are offering supports to this school community.”
Villar was taken into custody.
“This recent incident highlights why we need to have a full contingent of school safety agents,” United Federation of Teachers President Michael Mulgrew said. “We are down at least 2,000 safety agents from where we should be. Today, we are grateful to the teacher and school safety agent at PS 69 for stepping in to protect their colleague and thankful that no one was more seriously injured.”
The NYC School Safety Coalition also released a statement on the slashing.
“There have been 41 assaults on School Safety Agents during this school year,” it read. “This is an increase of 30% compared to the previous school year. Last week, another School Safety Agent was assaulted at PS 158 in Brooklyn. PS 69 and PS 168 only have one School Safety Agent in the building due to the severe staff shortage caused by City Council budget cuts. Many schools throughout New York City only have one School Safety Agent to protect an entire building of teachers, staff, and hundreds of students. At our press conference on Monday, April 11th, we called on Mayor Eric Adams to increase the number of School Safety Agents inside our school buildings, as well as increase the number of Neighborhood Coordination Officers and Youth Coordination Officers outside our schools. The shortage of School Safety Agents jeopardizes the safety of our children, teachers, and all school staff. We call on Mayor Adams to please protect our children and hire more School Safety Agents.”
Villar is charged with assault, obstruction of governmental administration, and criminal possession of a weapon on school grounds.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/news/2022/04/14/school-safety-agent-and-teacher-slashed-at-elementary-school/ | 2022-04-14T21:00:00Z |
MSBA holds Gubernatorial Forums to deliver political perspective and engagement to legal profession and the public
BALTIMORE, Md., May 26, 2022 /PRNewswire/ -- The Maryland State Bar Association (MSBA) is hosting non-partisan Maryland Gubernatorial Forums in June, offering voters and colleagues in the legal profession an opportunity to learn candidate positions on the most pressing issues facing the state and legal vocation. MSBA invited all Republican and Democratic gubernatorial candidates to participate in these forums. MSBA does not endorse or rank political candidates.
The Democratic forum will take place at 7:30 p.m. on June 1 in Ocean City as part of MSBA's Legal Summit, moderated by Baltimore Banner reporter, Pamela Wood, and Dick Uliano, WTOP Washington D.C. reporter. The Republican forum will follow on June 27, 2022, at the University of Maryland (Baltimore County).
May 31, 2022: Republican Discussion (Virtual only)
Join us via livestream (https://www.msba.org/connect-with-the-candidates/) at 7:00 p.m. as we welcome candidate Kelly Shulz.
June 1, 2022: Democratic Forums (In-person and virtual)
The Democratic candidates for governor will join us in-person at 7:30 p.m. on June 1, 2022, at the Ocean City Convention Center Theater (4001 Coastal Hwy, Ocean City, MD 21842) for MSBA's Legal Summit. MSBA welcomes the following candidates: Rushern Baker, Jon Baron, Doug Gansler, John King, Wes Moore, Tom Perez, and Jerome Segal. The Maryland State Bar Association invites all MSBA members and local legal professionals to the event. Although you do not have to register to attend the forums, we encourage you to sign-up and join us for our premier networking and educational gathering:
https://www.msba.org/product/2022-legal-summit/#2022-legal-summit-primary-registration
View the livestream: https://www.msba.org/connect-with-the-candidates/
June 27, 2022: Republican Forums (In-person and virtual)
All Republican candidates for governor are invited for an in-person forum at the University of Maryland (Baltimore County). Details to follow.
The discussions and forums will be recorded and available to members and the public on-demand at https://www.msba.org/connect-with-the-candidates/, making them accessible to all.
"Presenting the Maryland Governor Forums to MSBA members and the broader Maryland community is an opportunity we're incredibly honored to lead as we offer candidates a platform to present their plan on moving our state forward in 2022 and beyond," said M. Natalie McSherry, President of the Maryland State Bar Association. "We look forward to hearing from the panel of aspiring individuals running for Governor and are pleased to provide enhanced exposure and educational opportunities to our colleagues in the legal profession."
NOTE: MSBA sought to hold a Republican forum at the Legal Summit, but lack of responses or late responses from candidates resulted in the decision to hold a recorded forum to stream during the conference on May 31. Several candidates then opted out with little notice to MSBA. MSBA will be seeking to host an in-person forum for all Republican candidates at the end of June. All are welcome to attend. Details to follow. *MSBA will livestream responses from Kelly Shulz on May 31 as indicated above.
MSBA Legal Summit 2022
The MSBA Legal Summit brings together legal professionals from every segment of the profession for multiple days of learning and networking. It features unique instruction and thought leadership from nationally recognized speakers and leaders in the profession. With over 100 substantive sessions across eight learning tracks, unique networking opportunities, and multiple ways to participate, there's something for everyone.
The 2022 Legal Summit is the first to be held in-person since the beginning of the pandemic. Safety is a top priority starting with the introduction of our new venue - the Roland E. Powell Convention Center in Ocean City, Maryland. This expansive venue provides a 1,200-seat theater for a true thought leadership experience, larger classrooms for increased capacity and comfort, a full trade-show style exhibitor hall, quick access to the outdoors, ample parking, and magnificent views of the Chesapeake Bay.
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SOURCE Maryland State Bar Association | https://www.wibw.com/prnewswire/2022/05/26/maryland-state-bar-association-host-maryland-gubernatorial-forums-june/ | 2022-05-26T16:49:13Z |
(The Hill) – Republican Rep. Adam Kinzinger (Ill.) blamed Democrats on CNN’s “New Day” Wednesday after moderate GOP Rep. Peter Meijer (Mich.) was defeated in his primary election by a Trump-endorsed candidate.
Meijer, who voted to impeach former President Trump after the 2021 Capitol attack, lost to Trump-backed challenger John Gibbs on Tuesday, after the Democratic Congressional Campaign Committee (DCCC) spent hundreds of thousands of dollars on ads supporting Gibbs.
Meijer’s race was among a number of primaries in which the Democratic campaign arms spent money on Trump-backed candidates, to make it easier for Democrats to win the general election.
“I mean, the DCCC needs to be ashamed of themselves,” Kinzinger said.
“If Peter’s opponent wins and goes on in November to win, the Democrats own that. Congratulations,” he continued. “Here’s the thing, don’t keep coming to me asking where are all the good Republicans that defend Democracy and then take your donors’ money to spend half a million dollars promoting one of the worst election deniers that’s out there.”
Although some Democrats have spoken out against the DCCC’s strategy, top Democratic officials such as Speaker of the House Nancy Pelosi (D-Calif.) came out in favor of the tactic.
“The political decisions that are made out there are made in furtherance of our winning the election,” Pelosi said last week, “because we think the contrast between Democrats and Republicans — as they are now — is so drastic that we have to win.”
Meijer’s defeat is another win for Trump, who has made a midterm priority out of getting Republicans out of office who publicly opposed him following the Jan. 6 Capitol riot.
Meijer said Democrats disregarded “certain moral limits” in politics when backing his opponent.
“If successful, Republican voters will be blamed if any of these candidates are ultimately elected, but there is no doubt Democrats’ fingerprints will be on the weapon,” Meijer said in an essay posted online Monday. | https://cw33.com/news/nexstar-media-wire/kinzinger-on-meijer-defeat-democrats-own-that/ | 2022-08-03T21:56:56Z |
DALLAS (KDAF) — “1, 2, 3, 4 — 1, 2, 3, 4.” Have you ever wanted to be a DJ? Headphones, turntables, pumping up the crowd or party you’re working with some body-tingling mixes or beats, you know, the whole bit?
There’s nothing better than a quality Dj at a party, bar, club or function you’re attending. Now, you can be that DJ! How you may ask?
Enrolling in DJ School, if you’ve ever wanted to fulfill your dream of becoming a DJ, now’s your chance. The DJ School Dallas is offering a course for anyone 16 and up regardless of experience.
The school says its instructors are DJs who work in some of the country’s top clubs and venues. Yolonda Williams took us inside the school for Ready, Set, Yo.
For more about The DJ School Dallas’ course and other information, click here. | https://cw33.com/lifestyle/inside-dfw/ready-set-yo-inside-look-at-the-dj-school-dallas/ | 2022-05-12T23:35:18Z |
US sees risk of COVID supply rationing without more funds
WASHINGTON (AP) — The White House is planning for “dire” contingencies that could include rationing supplies of vaccines and treatments this fall if Congress doesn’t approve more money for fighting COVID-19.
In public comments and private meetings on Capitol Hill, Dr. Ashish Jha, the White House coronavirus coordinator, has painted a dark picture in which the U.S. could be forced to cede many of the advances made against the coronavirus over the last two years and even the most vulnerable could face supply shortages.
Biden administration officials have been warning for weeks that the country has spent nearly all the money in the $1.9 trillion American Rescue Plan that was dedicated directly to COVID-19 response.
A small pool of money remains, and the administration faces critical decisions about how to spend it. That means tough decisions, like weighing whether to use it to secure the next generation of vaccines to protect the highest risk populations or giving priority to a supply of highly effective therapies that dramatically reduce the risks of severe illness and death.
That decision may be made in the coming week, according to the administration, as the White House faces imminent deadlines to begin placing orders for vaccines and treatments before other nations jump ahead of the U.S. in accessing supply.
Jha has warned that without more money, vaccines will be harder to come by, tests will once again be scarce, and the therapeutics that are helping the country weather the current omicron-driven surge in cases without a commensurate increase in deaths could be sold overseas before Americans can access them.
“I think we would see a lot of unnecessary loss of life if that were to happen,” Jha said this past week. “But we’re looking at all the scenarios and planning for all of them.”
He said the administration was “getting much more into the scenario-planning business to make sure that we know what may be ahead of us so we can plan for it and obviously also lay those out in front of Congress.”
Jha, who declined to put a specific projection on potential loss of life, has become the face of the Biden administration’s efforts to persuade Congress to approve an additional $22.5 billion for COVID-19 response.
“The scenarios that we’re planning for are for things like what if Congress gives us no money and we don’t have adequate vaccines,” Jha told the AP in a May 12 interview. “We run out of therapies. We don’t have enough tests. What might things look like? Obviously, that’s a pretty dire situation.”
Already, the domestic production of at-home testing is slowing, with workers beginning to be laid off. In the coming weeks, Jha said, manufacturers will sell off equipment and “get out of this business,” leaving the U.S. once again dependent on overseas suppliers for rapid test.
Drug manufacturers and the Food and Drug Administration, meanwhile, are working on evaluating the next generation of vaccines, potentially including ones that are targeted at the dominant omicron strain. But getting them ready before the predicted case surge in the fall means placing orders now, since they take two to three months to produce.
Jha said this week that the U.S. has yet to start negotiations with drugmakers because of the lack of money.
“We’ve had some very preliminary conversations with the manufacturers,” he said. “But the negotiations around it have not yet begun, partly because we’re waiting for resources.” He added: “The truth is that other countries are in conversations with the manufacturers and starting to kind of advance their negotiations.”
The U.S., he said, doesn’t have enough money to purchase additional booster vaccines for anyone who wants one. Instead, the supplies of those vaccines may be restricted to just the most vulnerable — not unlike the chaotic early days of the COVID-10 vaccine roll-out.
“Without additional funding from Congress, we will not be able to buy enough vaccines for every American who wants one once these new generation of vaccines come out in the fall and winter,” he said.
And while the U.S. has built up a stockpile of the antiviral pill Paxlovid, which has been widely effective at reducing severe disease and death, it’s running out of money to purchase new doses — or other, even more, effective therapies that are in the final stages of development.
“If we don’t get more resources from Congress, what we will find in the fall and winter is we will find a period of time where Americans can look around and see their friends in other countries — in Europe and Canada — with access to these treatments that Americans will not have,” Jha said.
A congressional deal for a slimmed-down COVID-19 response package of about $10 billion fell apart in March over the Biden administration’s plans to lift virus-related restrictions on migration at U.S. borders. But a federal judge on Friday put that plan on hold, just days before it was to take effect on Monday.
There is no guarantee of swift action on Capitol Hill, where lawmakers — particularly Republicans — have grown newly wary of deficit spending. On Thursday, a $40 billion measure to assist restaurants that struggled during the pandemic failed on those grounds. GOP lawmakers have also objected to additional funding for the global pandemic response, and called for any new virus response funding to come from unspent economic relief money in the $1.9 trillion rescue plan.
The administration is preparing to lay the blame on lawmakers if there are tough consequences this fall due to lack of money. Still, it could be perilous for Biden, who has struggled to fulfill his promise to voters to get control of the pandemic.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/21/us-sees-risk-covid-supply-rationing-without-more-funds/ | 2022-05-21T14:35:57Z |
Businesses can now deploy Hello Screens as a mobile app or website; Alert on-the-go staff of customers' approach and arrival
SAN FRANCISCO, Sept. 8, 2022 /PRNewswire/ -- Bluedot, a customer arrival platform that empowers businesses to provide real-time interactions and pickup solutions, today expanded its Arrival Toolkit with the addition of a new mobile solution for Hello Screens. The advancement allows Hello Screens, which alerts store staff of customers' approach and arrival, to be deployed as an app in addition to a website.
With a fast and intuitive dashboard, Hello Screens provides total visibility into the customer pickup experience with real-time order tracking and helps businesses meet rising consumer demand for speed and convenience. In addition to restaurants, the mobile app is especially well suited for quick service restaurants (QSRs), retailers, and SMBs by allowing staff access to Hello Screens no matter where they are – inside or outside of the store.
The app works on mobile devices and tablets to provide businesses the flexibility to seamlessly adopt the solution into their existing workflows. Hello Screens can run in the background while other apps are in use, only delivering notifications when someone is upon approach or has arrived. Sound and pulse alerts are given when a customer is on the way or on-site so orders can be readied and brought out at just the right time. The solution is fast and easy to adopt without requiring any location-type hardware such as beacons.
The app and web version of Hello Screens is a key element of Bluedot's complete customer Arrival Toolkit which also includes Wave so customers can alert store staff when they arrive in store or curbside with a single tap and Tempo, a predictive time-based arrival technology. The Wave API can be inserted into any marketing channel, such as text, email, etc., to send updates to Hello Screens that a customer is either on the way or has arrived at a store. Webhooks then allow systems to receive updates when an order has changed status such as when a customer has been acknowledged by staff or an order has been fulfilled providing a valuable trove of event data for analytics.
"Order pickup is an incredibly important aspect of the customer experience, whether that's in-store or curbside and it really does reflect the brand," said Emil Davityan, Bluedot CEO and co-founder. "In a store with a distributed workforce, minimizing customer wait time is challenging. Being able to alert staff while they're somewhere else in the store that it's time to greet a customer and bring out their order is a huge advantage, especially for retailers and restaurants today competing for customer loyalty."
For more information on Hello Screens, Wave, and Tempo, visit here.
Bluedot is a customer arrival platform that empowers businesses to provide real-time interactions and pickup solutions. The company's hyper-accurate location technology identifies exactly when and where a user arrives whether that's entering a store, pulling into a curbside pickup space, or at a parking lot. Bluedot enables brands to provide timely messaging, proximity offers, automated loyalty identification, frictionless curbside pickups, gamification, and more. Easy to implement, Bluedot is inherently compliant with GDPR and CCPA.
Bluedot works across key industries including retail, restaurants, and transportation. The global brands that trust Bluedot for their location strategy include McDonald's, Dunkin', Transurban, OTR, and IAG. For more information on Bluedot and its solutions, visit bluedot.io.
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SOURCE Bluedot | https://www.kxii.com/prnewswire/2022/09/08/bluedot-expands-customer-arrival-toolkit-with-launch-hello-screens-apps-ios-android/ | 2022-09-08T13:44:05Z |
CHARLOTTE, N.C. (AP) — Dirt will be back on NASCAR’s schedule next year and likely on Easter Sunday again if Fox Sports has its way.
NASCAR delivered the most-watched race at Bristol Motor Speedway since 2016 on Sunday night when an average 4,007,000 viewers tuned in as theCup Series raced on dirt for the second consecutive season.
It marked the first time since NASCAR’s inaugural 1949 season the Cup Series was deliberately scheduled to race on Easter; 10 times before were because of weather-related rescheduling, most recently in 1989.
It was Fox that had asked NASCAR to use its traditional off weekend to chase a primetime holiday audience. Based on Sunday night’s numbers, Fox wants Easter in its scheduling conversations.
“Look, we’re thrilled,” Bill Wanger, Fox Sports executive vice president and head of programming and scheduling, told The Associated Press on Wednesday. “We’re talking to NASCAR about plans for ‘23 and obviously that’s part of the mix.”
Despite two late rain delays, Bristol viewership was up 28% over last year’s race, which was also rain-delayed but run on a Monday during daylight. It was also up 20% over last season’s ninth race of the year (Richmond).
The race was the most-viewed among the 18-to-49 demographic since the Daytona 500 in February.
“I like having the dirt race, I think it’s a different format and obviously the numbers spike when it is on dirt,” Wanger said. “Also the younger demos on Easter with the dirt, we like the dirt.”
Bristol Motor Speedway president Jerry Caldwell has already said the spring race in 2023 will be a dirt race for a third consecutive year but noted the date was not decided.
Wanger didn’t need to consult a calendar to discuss NASCAR returning to primetime Fox next Easter. He knows the holiday falls on April 9, 2023, which he said is known to television programmers as “Masters Sunday.”
NASCAR learned in its first year of dirt that the event had to be at night because of visibility issues created by the swirling red Tennessee clay covering Bristol’s 0.533-mile concrete bullring. Sunday’s race started at 7 p.m. and a similar approach would be expected next year.
“The Masters is over at 7, and that’s when we started our race coverage,” said Wanger, who added the NBA will still be in its regular season on Easter in 2023. NASCAR ranked second as the most-watched sporting event of the weekend behind the first round of the NBA playoffs.
Television ratings have been strong through the first eight races of the season, the first of NASCAR’s new Next Gen racecar. The car debuted in the made-for-Fox exhibition Clash at the Los Angeles Coliseum in February, a season kickoff that featured a “halftime” with a concert by Ice Cube.
The Clash was followed by the sold-out, season-opening Daytona 500, the first in three years not affected by rain. Wanger believes momentum for the network started then and has carried through the first nine races of the season.
He credited the collaboration between the television partners, track promoters and NASCAR under the leadership of President Steve Phelps and Ben Kennedy, the senior vice president of racing development and strategy. The 30-year-old Kennedy is the great-grandson of NASCAR’s founder and has been credited for some of NASCAR’s more progressive recent ideas.
Wanger said NASCAR set the tone for the successful start to this season in 2020 when it was one of the first professional sports leagues to resume competition at the start of the pandemic. NASCAR was holding events two months after the national shutdown and was the first league to complete its entire season.
“NASCAR during the pandemic really made some great decisions,” Wanger said. “It was one of the only major sports back up and I think that helped get some new viewers.”
Wanger said there could be opportunity for other tracks to host an Easter race depending on where it falls on the calendar. When Easter falls in March, for example, it will likely be too cold for Bristol to host the race in the East Tennessee mountains.
Promotion of the event is key and Fox was committed to selling Bristol on dirt as a marquee event on NASCAR’s 38-race schedule.
“What we’ve seen at Fox is that if you put on a high-profile sporting event on a holiday, you can pop some numbers,” Wanger said.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/fox-sports-makes-easter-sunday-a-nascar-ratings-success/ | 2022-04-21T04:25:56Z |
BEIJING, May 27, 2022 /PRNewswire/ -- Weibo Corporation (NASDAQ: WB and HKEX: 9898), a leading social media for people to create, share and discover content, today announced that it has changed the date to announce its unaudited financial results for the first quarter 2022 from May 30, 2022 to June 1, 2022, due to a public holiday in the United States on May 30, 2022.
Weibo's management team will host a conference call from 7 AM – 8 AM Eastern Time on June 1, 2022 (or 7 PM – 8 PM Beijing Time on June 1, 2022) to present an overview of the Company's financial performance and business operations.
Please register in advance of the conference call using the link provided below. Upon registering, you will be provided with dial-in numbers, passcode and unique registrant ID by email. To join the conference, please use the conference access information provided in the email received at the point of registering.
PRE-REGISTER LINK: http://apac.directeventreg.com/registration/event/3399110
A telephone replay will be available from 22:00 China Standard Time on June 1, 2022 to 21:59 China Standard Time on June 9, 2022. To access the recording, please use the following dial-in information listed below:
United States: 1 855 452 5696
Hong Kong: 800 963 117
Mainland China: 400 820 9035
International: +61 2 8199 0299
Replay PIN: 3399110
Additionally, a live webcast of the call will be available through the Company's corporate website at http://ir.weibo.com.
About Weibo Corporation
Weibo is a leading social media for people to create, share and discover content online. Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and post a feed and attach multi-media and long-form content. User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting. This simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream.
Weibo enables its advertising and marketing customers to promote their brands, products and services to users. Weibo offers a wide range of advertising and marketing solutions to companies of all sizes. The Company generates a substantial majority of its revenues from the sale of advertising and marketing services, including the sale of social display advertisement and promoted marketing offerings. Designed with a "mobile first" philosophy, Weibo displays content in a simple information feed format and offers native advertisement that conform to the information feed on our platform. To support the mobile format, we have developed and continuously refining our social interest graph recommendation engine, which enables our customers to perform people marketing and target audiences based on user demographics, social relationships, interests and behaviors, to achieve greater relevance, engagement and marketing effectiveness
Safe Harbor Statement
This press release contains forward-looking statements that relate to, among other things, Weibo's expected financial performance and strategic and operational plans (as described, without limitation, in the "Business Outlook" section and in quotations from management in this press release. Weibo may also make forward-looking statements in the Company's periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), 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. These forward-looking statements can be identified by terminology, such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "confidence," "estimates" and similar statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, Weibo's limited operating history in certain new businesses; failure to grow active user base and the level of user engagement; the uncertain regulatory landscape in China; fluctuations in the Company's quarterly operating results; the Company's reliance on advertising and marketing sales for a majority of its revenues; failure to successfully develop, introduce, drive adoption of or monetize new features and products; failure to compete effectively for advertising and marketing spending; failure to successfully integrate acquired businesses; risks associated with the Company's investments, including equity pick-up and impairment; failure to compete successfully against new entrants and established industry competitors; changes in the macro-economic environment, including the depreciation of the Renminbi; and adverse changes in economic and political policies of the PRC government and its impact on the Chinese economy. Further information regarding these and other risks is included in Weibo's annual report on Form 20-Fs and other filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is current as of the date hereof, and Weibo assumes no obligation to update such information, except as required under applicable law.
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SOURCE Weibo Corporation | https://www.wibw.com/prnewswire/2022/05/27/weibo-corporation-changes-date-report-first-quarter-2022-financial-results-june-1-2022/ | 2022-05-27T11:43:48Z |
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- GenNx360 Capital Partners ("GenNx360"), a New York City-based private equity firm investing in middle market business-to-business companies, in partnership with the management team of ITsavvy LLC ("ITsavvy" or the "Company"), is pleased to announce its investment in the Company.
ITsavvy is an Addison, Illinois-based technology solutions provider that delivers frictionless IT experiences to clients across multiple segments and industries. ITsavvy leverages the power of its partner ecosystem to design, develop and deliver technology infrastructure solutions that accelerate business outcomes on behalf of its clients. The Company's expansive portfolio of 4 million+ SKUs and diversity of relationships across suppliers and clients of various sizes and sectors allows ITsavvy to deliver end-to-end solutions nationwide.
Munu Gandhi, currently President and COO, will continue to provide leadership to the Company as its CEO. "Since our founding in 2004, ITsavvy has been a client-centric firm, focused on providing thought leadership around the products and solutions required to deliver their business outcomes. Through the years, we have developed an industry-leading platform that has enabled us to serve clients across multiple segments and industries. Today is an exciting day in our journey with the announcement of our partnership with GenNx360. GenNx360 brings thought leadership, deep operational expertise, and financial resources that will enable ITsavvy to evolve our platform to deliver enhanced solutions to our clients and accelerate our growth," Gandhi stated.
Ron Blaylock the GenNx360 Founder & Managing Partner who led the transaction, stated, "ITsavvy represents a strong platform in an attractive industry with tremendous whitespace and demonstrates GenNx360's continued momentum and portfolio diversification. The Company is led by an impressive management team who has built an industry-leading platform with exciting organic and inorganic growth characteristics. We look forward to supporting the ITsavvy team in continuing the execution of their growth strategy."
312 Investments served as financial advisor and Piccione, Keeley & Associates, Ltd served as legal counsel to ITsavvy. Morrison Cohen LLP served as legal counsel to GenNx360.
GenNx360 Capital Partners is a private equity firm focused on acquiring middle market business-to-business companies. GenNx360 invests in companies with proven and sustainable business models in expanding industries, with the objective of implementing value-enhancing operational improvements to accelerate growth, deliver efficiencies and generate strong financial returns. Target industries include business & industrial services, automation & industrial technology, packaging products, industrial machinery and components, equipment services, environmental services, and food ingredients/equipment/services. GenNx360 was founded in 2006 and is headquartered in New York City. www.gennx360.com
ITsavvy is one of the fastest growing resources for integrated IT products and technology solutions in the United States. Combining a comprehensive value-added reseller business with industry-leading IT solutions, ITsavvy is a single-source, end-to-end IT partner that strives to continuously deliver peace of mind to its clients. www.itsavvy.com
For media inquiries about this press release, please contact:
Carmen Rojas, Director of Investor Relations
GenNx360 Capital Partners
Email: investorrelations@gennx360.com
Tel: 212.257.6772
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SOURCE GenNx360 Capital Partners | https://www.mysuncoast.com/prnewswire/2022/08/10/gennx360-capital-partners-announces-its-investment-itsavvy-llc/ | 2022-08-10T14:04:50Z |
(NewsNation) — Over the past several weeks, multiple inmates have escaped across the country.
In Florence, Alabama, a jailhouse romance triggered a nationwide manhunt starting April 29 for escaped inmate Casey White and the corrections officer who helped break the capital murder suspect out of jail, Vicky White. U.S. marshals later tracked down the couple, finding them in Indiana. Casey White was captured, and Vicky White died of a self-inflicted gunshot wound.
On May 12, Gonzalo Lopez, an inmate with ties to the Mexican mafia, escaped a prison transport bus in Texas after stabbing a guard. While on the run, Lopez would go on to kill five members of the same family before eventually being shot and killed by police.
Now, an inmate out of Ohio remains on the run. Investigators say he and four others broke out of the STAR Community Justice Center in Franklin Furnace, Ohio, on Saturday. The sheriff said the inmates escaped by cutting a whole in the fence using a bolt cutter, most likely thrown over a fence by one of the inmate’s fiances. Four of the inmates have been captured. Authorities are still searching for Thomas Charles Comberger. Anyone who spots him is urged to call 911.
How do the escapes keep happening, and what can be done to prevent them? One sheriff says the answer is simple: Hire more guards and make sure they follow the rules.
Lauderdale County, Alabama Sheriff Rick Singleton’s jail was at the center of the nationwide manhunt for escaped inmate Casey White and corrections Officer Vicky White. He joined NewsNation Prime to comment on the jailbreak in Ohio and doesn’t think the escapee has gone far in this case.
“I think it’s [escapes have] always been happening. In our case, the fact that we had an inmate who was awaiting trial for capital murder made it somewhat unique. The escape in Ohio with low-level drug offenders, based on my experience, they are probably there somewhere close. They’re not going to skip out across the country like ours did,” Singleton said.
Singleton said since the Casey White escape, changes have been made at the Lauderdale County Detention Center.
“We put too much responsibility and authority in one person. Vicky White was the assistant director of operations. She coordinated transport from the facility from A to Z. She was the only link in the chain. We have since changed that,” Singleton said.
“We’ve reviewed our policy. We had a good policy. We had a good protocol. They just weren’t followed. That’s because we put too much authority and responsibility in a single person. We’ve now incorporated better checks and balances.”
How do inmates persaude people to help them escape? Singleton says they have a lot of time to think about different persuasive techniques.
“They’re sitting there all day and they’ve got all day to think of ways to persuade people to help them. Including developing a romantic relationship, that happened in our case,” Singleton said.
According to Singleton, the Lauderdale County Detention Center has 12 openings.
“This is a tough job. They’re underpaid, they’re overworked. It’s not a job that anyone can do. It’s not a job that just anyone wants to stay with. We had a resignation today … Our local fast food restaurants now pay about what we pay an entry level corrections officer — $14.92 an hour,” Singleton said.
“It’s a challenge. It always comes down to funding. It’s always a fight to get your share of the budget that you need.” | https://cw33.com/news/nexstar-media-wire/multiple-high-profile-inmate-escapes-in-a-matter-of-weeks/ | 2022-06-08T17:09:46Z |
- Net earnings were $872.4 million, or $0.85 per diluted share for the first quarter of fiscal 2023 compared with $764.4 million, or $0.71 per diluted share for the first quarter of fiscal 2022. Adjusted net earnings1 were approximately $875.0 million compared with $758.0 million for the first quarter of fiscal 2022. Adjusted diluted net earnings per share1 were $0.85, representing an increase of 19.7% from $0.71 for the corresponding quarter of last year.
- Total merchandise and service revenues of $4.1 billion, an increase of 0.1%. Same-store merchandise revenues increased by 3.5% in the United States, by 2.8% in Europe and other regions1, and decreased by 1.3% in Canada.
- Merchandise and service gross margin1 decreased by 0.3% in the United States to 33.9%, and increased by 0.5% in Europe and other regions to 38.9%, and by 0.8% in Canada to 33.1%.
- Same-store road transportation fuel volumes decreased by 4.0% in the United States, by 3.7% in Europe and other regions, and increased by 0.4% in Canada.
- Road transportation fuel gross margin1 of 49.00¢ per gallon in the United States, an increase of 12.25¢ per gallon, US 12.26¢ per liter in Europe and other regions, an increase of US 1.94¢ per liter, and CA 14.04¢ per liter in Canada, an increase of CA 3.12¢ per liter. Fuel margins remained healthy throughout the network, due to favorable market conditions and the continued work on the optimization of the supply chain.
- Despite the growth in expenses of 9.4%, the Corporation has deployed strategic efforts to mitigate costs increases and inflationary pressures, which is demonstrated by the normalized growth of expenses1 of 7.3%, remaining below inflation.
- Sequential improvement of the leverage ratio1 at 1.31 : 1, and of the return on capital employed1 at 15.9%, both driven by strong earnings.
- On April 22, 2022, the Corporation renewed its share repurchase program which allows it to repurchase up to 10.0% of the public float. Under the renewed program, shares for a net amount of $478.0 million were repurchased during the quarter.
- On August 30, 2022, subsequent to the end of the quarter, the Corporation also announces that, following satisfaction of closing conditions, it has closed its proposed acquisition of Cape D'Or Holdings Limited, Barrington Terminals Limited and other related holding entities in Atlantic Canada.
LAVAL, QC, Aug. 30, 2022 /PRNewswire/ - For its first quarter ended July 17, 2022, Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD) announces net earnings of $872.4 million, representing $0.85 per share on a diluted basis. The results for the first quarter of fiscal 2023 were affected by pre-tax acquisition costs of $1.2 million, as well as by a pre-tax net foreign exchange loss of $1.0 million. The results for the comparable quarter of fiscal 2022 were affected by a pre-tax net foreign exchange gain of $8.6 million as well as by pre-tax acquisition costs of $0.8 million. Excluding these items, the adjusted net earnings1 were approximately $875.0 million, or $0.85 per share on a diluted basis for the first quarter of fiscal 2023, compared with $758.0 million, or $0.71 per share on a diluted basis for the first quarter of fiscal 2022, an increase of 19.7% in the adjusted diluted net earnings per share1, driven by higher road transportation fuel gross margins1, by organic growth in the convenience activities, as well as by the favorable impact of the share repurchase program, partly offset by higher expenses. All financial information presented is in US dollars unless stated otherwise.
"In the face of continued and historic inflationary conditions and high fuel prices, we are pleased to report strong results this quarter, especially in convenience where we had healthy same stores sales in our U.S. market. We also continued to generate robust fuel margins across all of our platforms. In this period of high inflation and high prices, we remain focused on delivering a strong and consistent value to our customers and on maintaining cost discipline in our operations," said Brian Hannasch, President and Chief Executive Officer of Alimentation Couche-Tard.
"We are proud of the progress we made this quarter in our vision to become the world's preferred destination in convenience and mobility. With our Fresh Food, Fast priority, we are hitting key targets in site numbers and seeing very strong growth in our private label brands as consumers look for value. To enhance the customer experience at our locations, we are progressing with the roll out of our innovative, easy-to-use, smart checkout technology after announcing plans to deploy 10,000 units in 7,000 stores during the next three years. Also, after a year of record organic growth in store builds, we added 30 more new sites this quarter," concluded Brian Hannasch.
Claude Tessier, Chief Financial Officer, added: "We delivered another impressive quarter highlighted by increases of 10.6% in adjusted EBITDA1 and 19.7% in adjusted diluted net earnings per share2 compared to the first quarter of fiscal 2022, bringing our last four quarters adjusted EBITDA1 to more than $5.4 billion. Our customary cost discipline, combined with an improving labor market, have allowed us to limit the normalized growth of expenses1 to 7.3%, compared to the first quarter of last year, more than 1% below inflation, which was particularly notable once again this quarter. Our financial position remains strong, highlighted by our leverage ratio1 of 1.31, providing us with opportunities for the future. I am especially proud of our teams' execution this quarter which resulted in sequential improvements on both of our key return metrics."
Significant Items of the First Quarter of Fiscal 2023
- On April 22, 2022, the Toronto Stock Exchange approved the renewal of our share repurchase program, which took effect on April 26, 2022. The renewed share repurchase program allows us to repurchase up to 79,703,614 shares, representing 10.0% of the shares comprising the public float as at April 20, 2022, and the share repurchase period will end no later than April 25, 2023. During the first quarter of fiscal 2023, we repurchased 10,940,400 shares, for an amount of $478.0 million.
- On May 9, 2022, we established a commercial paper program in the United States on a private placement basis. The commercial paper program allows us to issue, at our discretion, unsecured commercial paper notes with maturities not exceeding 397 days. The aggregate principal amount of unsecured commercial paper notes outstanding at any one time cannot exceed $2.5 billion and our term revolving unsecured operating credit facility serves as a liquidity backstop for the repayment of the unsecured commercial paper notes. As at July 17, 2022, there were no outstanding unsecured commercial paper notes.
- On April 28, 2022, we exercised the Series B common share warrants in Fire & Flower for a total consideration of CA $37.8 million ($29.5 million), which increased our interests in Fire & Flower to 35.3%.
Changes in our Network during the First Quarter of Fiscal 2023
- We acquired one company-operated store since the beginning of the first quarter of fiscal 2023.
- We completed the construction of 23 stores and the relocation or reconstruction of 7 stores, reaching a total of 30 stores since the beginning of fiscal 2023. As of July 17, 2022, another 54 stores were under construction and should open in the upcoming quarters.
- During the first quarter of fiscal 2023, we invested an amount of $30.1 million in a joint venture with Musket Corporation, which then acquired four road transportation fuel terminals located in Florida, Illinois, and North Carolina, United States.
- On August 30, 2022, subsequent to the end of the quarter, we announce that, following satisfaction of closing conditions, we have closed our proposed acquisition of all the issued and outstanding shares of Cape D'Or Holdings Limited, Barrington Terminals Limited, and other related holding entities which operate an independent convenience store and fuel network in Atlantic Canada under the Esso, Go! Store and Wilsons Gas Stops brands (collectively "Wilsons"). The Wilsons network comprises 79 company-owned and operated convenience retail and fuel locations, 2 company-owned and dealeroperated locations, 137 dealer-owned and operated locations, and a fuel terminal in Halifax, Canada. The transaction was settled for a consideration, subject to post-closing adjustments including debt repayment, of CA $346.8 million ($265.9 million), using available cash. In connection with obtaining the Competition Bureau (Canada) approval for the transaction, we entered into a consent agreement with the Commissioner of Competition to divest 34 company-owned and operated convenience retail and fuel locations, 1 company-owned and dealer-operated location, and 12 dealer-owned and operated locations in New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island, Canada.
Summary of changes in our store network
The following table presents certain information regarding changes in our store network over the 12‑week period ended July 17, 2022:
We use the US dollar as our reporting currency, which provides more relevant information given the predominance of our operations in the United States.
The following table sets forth information about exchange rates based upon closing rates expressed as US dollars per comparative currency unit:
For the analysis of consolidated results, the impact of the translation of our foreign currency operations into US dollars is defined as the impact from the translation of our Canadian, European and Asian operations into US dollars. Variances of our foreign currency operations into US dollars are determined as being the difference between the corresponding period results in local currencies translated at the current period average exchange rate and the corresponding period results in local currencies translated at the corresponding period average exchange rate.
The following table highlights certain information regarding our operations for the 12-week periods ended July 17, 2022, and July 18, 2021, and the results analysis in this section should be read in conjunction with this table. Europe and other regions include the results from our operations in Asia.
Our revenues were $18.7 billion for the first quarter of fiscal 2023, up by $5.1 billion, an increase of 37.4% compared with the corresponding quarter of fiscal 2022, mainly attributable to a higher average road transportation fuel and other fuel products selling price, organic growth on merchandise and service revenues, and the contribution from acquisitions while being partly offset by lower road transportation fuel demand, the impact of the divestiture of sites following the strategic review of our network as well as the net negative impact of approximately $336.0 million from the translation of our foreign currency operations into US dollars.
Merchandise and service revenues
Total merchandise and service revenues for the first quarter of fiscal 2023 were $4.1 billion, an increase of $4.5 million compared with the corresponding quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $78.0 million. The remaining increase of approximately $82.0 million, or 2.0%, is primarily attributable to organic growth in the United States and Europe and other regions, and to the contribution from acquisitions which amounted to approximately $31.0 million, while being partly offset by the disposal of stores following the strategic review of our network. Same-store merchandise revenues increased by 3.5% in the United States, by 2.8%1 in Europe and other regions, and decreased by 1.3% in Canada. Same-store merchandise revenues in Canada were strongly impacted by increased competition of the illicit market in the cigarettes category compared with the corresponding quarter of fiscal 2022.
Road transportation fuel revenues
Total road transportation fuel revenues for the first quarter of fiscal 2023 were $14.3 billion, an increase of $4.9 billion compared with the corresponding quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $249.0 million. The remaining increase of approximately $5.2 billion, or 55.1%, is attributable to a higher average road transportation fuel selling price, which had an impact of approximately $5.5 billion partly offset by the impact of lower road transportation fuel demand. Same-store road transportation fuel volumes decreased by 4.0% in the United States and by 3.7% in Europe and other regions, and increased by 0.4% in Canada. During the quarter, road transportation fuel demand remained unfavorably impacted by the significant rise in retail prices driven by the increase in crude oil costs, from work from home trends and the impact from our fuel rebranding activities.
The following table shows the average selling price of road transportation fuel of our company-operated stores in our various markets for the last eight quarters. The average selling price of road transportation fuel consists of the road transportation fuel revenues divided by the volume of road transportation fuel sold:
Other revenues
Total other revenues for the first quarter of fiscal 2023 were $266.1 million, an increase of $150.4 million compared with the corresponding quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $11.0 million. The remaining increase of approximately $161.0 million, or 139.2%, is primarily driven by higher prices and higher demand on our other fuel products, which had a minimal impact on gross profit1.
Our gross profit was $2.9 billion for the first quarter of fiscal 2023, up by $282.8 million or 10.9%, compared with the corresponding quarter of fiscal 2022, mainly attributable to higher road transportation fuel gross margins and organic growth in our convenience activities, while being partly offset by the net negative impact of the translation of our foreign currency operations into US dollars of approximately $60.0 million.
Merchandise and service gross profit
In the first quarter of fiscal 2023, our merchandise and service gross profit was $1.4 billion, an increase of $0.8 million compared with the corresponding quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $29.0 million. The remaining increase of approximately $30.0 million, or 2.1%, is primarily due to organic growth driven by pricing initiatives. Our gross margin1 decreased by 0.3% in the United States to 33.9%, while it increased by 0.5% in Europe and other regions to 38.9%, and by 0.8% in Canada to 33.1%.
Road transportation fuel gross profit
In the first quarter of fiscal 2023, our road transportation fuel gross profit was $1.4 billion, an increase of $285.0 million compared with the corresponding quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $29.0 million. The remaining increase in our gross profit was approximately $314.0 million, or 27.1%. In the United States, our road transportation fuel gross margin1 was 49.00¢ per gallon, an increase of 12.25¢ per gallon, in Europe and other regions, our road transportation fuel gross margin1 was US 12.26¢ per liter, an increase of US 1.94¢ per liter, and in Canada, it was CA 14.04¢ per liter, an increase of CA 3.12¢ per liter. Fuel margins remained healthy throughout our network, due to favorable market conditions and the continued work on the optimization of our supply chain.
The road transportation fuel gross margin1 of our company-operated stores in the United States and the impact of expenses related to electronic payment modes for the last eight quarters, were as follows:
Generally, during normal economic cycles, road transportation fuel margins in the United States can be volatile from one quarter to another, while in Europe and other regions and in Canada, fuel margins and expenses related to electronic payment modes are not as volatile.
Other revenues gross profit
In the first quarter of fiscal 2023, other revenues gross profit was $35.4 million, a decrease of $3.0 million compared with the corresponding period of fiscal 2022. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $2.0 million.
For the first quarter of fiscal 2023, expenses increased by 9.4% compared with the corresponding period of fiscal 2022. Normalized growth of expenses1 was 7.3%, as shown in the table below:
For the first quarter of fiscal 2023, we have continued to deploy strategic efforts in order to mitigate the impact of a higher inflation level and continued pressure on wages, which is demonstrated by our normalized growth of expenses1 of 7.3%, which is below inflation, despite the challenging market conditions. The normalized growth of expenses1 in the first quarter was mainly driven by inflationary pressures, most notably on higher occupancy costs, higher costs from rising minimum wages, as well as by incremental investments in our stores to support our strategic initiatives partly offset by the impact of lower pressure in the employment market.
Earnings before interest, taxes, depreciation, amortization and impairment ("EBITDA1") and adjusted EBITDA1
During the first quarter of fiscal 2023, EBITDA stood at $1.5 billion, an increase of 10.6% compared with the corresponding quarter of fiscal 2022. Adjusted EBITDA for the first quarter of fiscal 2023 increased by $144.4 million, or 10.6%, compared with the corresponding quarter of fiscal 2022, mainly due to higher road transportation fuel margins, and organic growth in our convenience operations, partly offset by higher expenses. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $28.0 million.
For the first quarter of fiscal 2023, our depreciation expense increased by $4.9 million compared with the first quarter of fiscal 2022. The translation of our foreign currency operations into US dollars had a net favorable impact of approximately $9.0 million. The remaining increase of approximately $14.0 million, or 4.5%, is mainly driven by the replacement of equipment, the ongoing improvement of our network and the impact from investments made through acquisitions.
Net financial expenses for the first quarter of fiscal 2023 were $67.1 million, a decrease of $7.2 million compared with the corresponding period of fiscal 2022. A portion of the decrease is explained by certain items that are not considered indicative of future trends, as shown in the table below:
The remaining variation is mainly driven by the reduction of long-term debt compared with the corresponding period of fiscal 2022.
The income tax rate for the first quarter of fiscal 2023 was 21.9% compared with 21.3% for the corresponding quarter of fiscal 2022. The increase is mainly stemming from the impact of a different mix in our earnings across the various jurisdictions in which we operate.
Net earnings for the first quarter of fiscal 2023 were $872.4 million, compared with $764.4 million for the first quarter of the previous fiscal year, an increase of $108.0 million, or 14.1%. Diluted net earnings per share stood at $0.85, compared with $0.71 for the corresponding quarter of the previous fiscal year. The translation of revenues and expenses from our foreign currency operations into US dollars had a net negative impact of approximately $20.0 million on net earnings of the first quarter of fiscal 2023.
Adjusted net earnings for the first quarter of fiscal 2023 were approximately $875.0 million, compared with $758.0 million for the first quarter of fiscal 2022, an increase of $117.0 million, or 15.4%. Adjusted diluted net earnings per share were $0.85 for the first quarter of fiscal 2023, compared with $0.71 for the corresponding quarter of fiscal 2022, an increase of 19.7%.
During its August 30, 2022 meeting, the Board of Directors declared a quarterly dividend of CA 11.0¢ per share for the first quarter of fiscal 2023 to shareholders on record as at September 8, 2022, and approved its payment effective September 22, 2022. This is an eligible dividend within the meaning of the Income Tax Act (Canada).
To provide more information for evaluating the Corporation's performance, the financial information included in our financial documents contains certain data that are not performance measures under IFRS ("non-IFRS measures"), which are also calculated on an adjusted basis to exclude specific items. We believe that providing those non-IFRS measures is useful to management, investors, and analysts, as they provide additional information to measure the performance and financial position of the Corporation.
The following non-IFRS financial measures are used in our financial disclosures:
- Gross profit;
- Earnings before interest, taxes, depreciation, amortization and impairment ("EBITDA") and adjusted EBITDA;
- Adjusted net earnings; and
- Interest-bearing debt;
The following non-IFRS ratios are used in our financial disclosures:
- Merchandise and service gross margin and Road transportation fuel gross margin;
- Normalized growth of operating, selling, general and administrative expenses;
- Growth of same-store merchandise revenues for Europe and other regions;
- Adjusted diluted net earnings per share;
- Leverage ratio; and
- Return on equity and return on capital employed.
The following capital management measure is used in our financial disclosures:
- Net interest-bearing debt/total capitalization.
Supplementary financial measures are also used in our financial disclosures and those measures are described where they are presented.
Non-IFRS financial measures and ratios, as well as the capital management measure are mainly derived from the consolidated financial statements, but do not have standardized meanings prescribed by IFRS. These non-IFRS measures should not be considered in isolation or as a substitute for financial measures prepared in accordance with IFRS. In addition, our definitions of non-IFRS measures may differ from those of other public corporations. Any such modification or reformulation may be significant. These measures are also adjusted for the pro forma impact of our acquisitions and impacts of new accounting standards, if they are considered to be material.
Gross profit. Gross profit consists of revenues less the cost of sales, excluding depreciation, amortization and impairment. This measure is considered useful for evaluating the underlying performance of our operations.
The table below reconciles revenues and cost of sales, excluding depreciation, amortization and impairment, as per IFRS, to gross profit:
Please note that the same reconciliation applies in the determination of gross profit by category and by geography presented in the section "Summary Analysis of Consolidated Results".
Merchandise and service gross margin. Merchandise and service gross margin consists of Merchandise and service gross profit divided by Merchandise and service revenues, both measures are presented in the section ''Summary Analysis of Consolidated Results''. Merchandise and service gross margin is considered useful for evaluating how efficiently we generate gross profit by dollar of revenue.
Road transportation fuel gross margin. Road transportation fuel gross margin consists of Road transportation fuel gross profit divided by total volume of road transportation fuel sold. For the United States and Europe and other regions, both measures are presented in the section ''Summary Analysis of Consolidated Results''. For Canada, this measure is presented in functional currency and the table below reconciles, for road transportation fuel, Revenues and Cost of sales, excluding depreciation, amortization and impairment, as per IFRS, to gross profit and the resulting road transportation fuel gross margin. This measure is considered useful for evaluating how efficiently we generate gross profit by gallon or liter of road transportation fuel sold.
Normalized growth of operating, selling, general and administrative expenses ("normalized growth of expenses"). Normalized growth of expenses consists of the growth of Operating, selling, general and administrative expenses adjusted for the impact of the changes in our network, the impact of more volatile items over which we have limited control, as well as the impact from changes in accounting policies and adoption of accounting standards. This measure is considered useful for evaluating our ability to control our expenses on a comparable basis.
The tables below reconcile growth of Operating, selling, general and administrative expenses to normalized growth of expenses:
Growth of same-store merchandise revenues for Europe and other regions. Same-store merchandise revenues represent cumulated merchandise revenues between the current period and comparative period for those stores that were open for at least 23 days out of every 28-day period included in the reported periods. Merchandise revenues are defined as Merchandise and service revenues excluding service revenues. For Europe and other regions, the growth of same-store merchandise revenues is calculated based on constant currencies using the respective current period average exchange rate for both the current and corresponding period. In Europe and other regions, same-store merchandise revenues include same-store revenues from company-operated stores, CODO and DODO stores, as well as Asian corporate stores prior to their acquisition date of December 21, 2020. These last two items are not included in our consolidated results. This measure is considered useful for evaluating our ability to generate organic growth on a comparable basis in our overall European and other regions store network.
The tables below reconcile Merchandise and service revenues, as per IFRS, to same-store merchandise revenues for Europe and other regions and the resulting percentage of growth:
Earnings before interest, taxes, depreciation, amortization and impairment ("EBITDA") and adjusted EBITDA. EBITDA represents net earnings plus income taxes, net financial expenses, and depreciation, amortization and impairment. Adjusted EBITDA represents the EBITDA adjusted for acquisition costs and other specific items for which the impact on consolidated results is not deemed indicative of future trends. These performance measures are considered useful to facilitate the evaluation of our ongoing operations and our ability to generate cash flows to fund our cash requirements, including our capital expenditures program, share repurchases, and payment of dividends.
The table below reconciles net earnings, as per IFRS, to EBITDA and adjusted EBITDA:
Adjusted net earnings and adjusted diluted net earnings per share. Adjusted net earnings represents net earnings adjusted for net foreign exchange gains or losses, acquisition costs and other specific items for which the impact on consolidated results is not deemed indicative of future trends. These measures are considered useful for evaluating the underlying performance of our operations on a comparable basis.
The table below reconciles net earnings, as per IFRS, with adjusted net earnings and adjusted diluted net earnings per share:
Interest-bearing debt. This measure represents the sum of the following balance sheet accounts: Current portion of long-term debt, Long-term debt, Current portion of lease liabilities and Lease liabilities. This measure is considered useful to facilitate the understanding of our financial position in relation with financing obligations. The calculation of this measure of financial position is detailed in the ''Net interest-bearing debt/total capitalization'' section below.
Net interest-bearing debt/total capitalization. This measure represents the basis for monitoring our capital as well as a measure of financial condition that is especially used in financial circles.
The table below presents the calculation of this performance measure:
Leverage ratio. This measure represents a measure of financial condition that is especially used in financial circles.
The table below reconciles net interest-bearing debt and adjusted EBITDA, for which the calculation methodologies are described in other tables of this section, with the leverage ratio:
Return on equity. This measure is used to assess the relation between our profitability and our net assets. Average equity is calculated by taking the average of the opening and closing balance for the 52-week period.
The table below reconciles net earnings, as per IFRS, with the ratio of return on equity:
Return on capital employed. This measure is used to measure the relation between our profitability and capital efficiency. Earnings before interest and taxes ("EBIT") represents net earnings plus income taxes and net financial expenses. Capital employed represents total assets less short-term liabilities not bearing interest, which excludes the current portion of long-term debt and current portion of lease liabilities. Average capital employed is calculated by taking the average of the beginning and ending balance of capital employed for the 52-week period.
The table below reconciles net earnings, as per IFRS, to EBIT with the ratio of return on capital employed:
Couche-Tard is a global leader in convenience and fuel retail, operating in 24 countries and territories, with close to 14,100 stores, of which approximately 10,700 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has an important presence in Poland and Hong Kong Special Administrative Region of the People's Republic of China. Approximately 122,000 people are employed throughout its network.
For more information on Alimentation Couche-Tard Inc., or to consult its audited annual Consolidated Financial Statements, unaudited interim condensed consolidated financial statements and Management Discussion and Analysis, please visit: https://corpo.couche-tard.com.
The statements set forth in this press release, which describes Couche-Tard's objectives, projections, estimates, expectations, or forecasts, may constitute forward-looking statements within the meaning of securities legislation. Positive or negative verbs such as "believe", "can", "shall", "intend", "expect", "estimate", "assume", and other related expressions are used to identify such statements. Couche-Tard would like to point out that, by their very nature, forward-looking statements involve risks and uncertainties such that its results, or the measures it adopts, could differ materially from those indicated in or underlying these statements, or could have an impact on the degree of realization of a particular projection. Major factors that may lead to a material difference between Couche-Tard's actual results and the projections or expectations set forth in the forward-looking statements include the effects of the integration of acquired businesses and the ability to achieve projected synergies, uncertainty related to the duration and severity of the current COVID-19 pandemic, fluctuations in margins on motor fuel sales, competition in the convenience store and retail motor fuel industries, exchange rate variations, and such other risks as described in detail from time to time in the reports filed by Couche-Tard with securities authorities in Canada and the United States. Unless otherwise required by applicable securities laws, Couche-Tard disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking information in this release is based on information available as of the date of the release.
Couche-Tard invites analysts known to the Corporation to ask their questions to its management on August 31, 2022, during the question and answer period of the webcast.
Financial Analysts, Investors, media and any individuals interested in listening to the webcast on Couche-Tard's results, which will take place online on August 31, 2022, at 8:00 A.M. (EDT) can do so by either accessing the Corporation's website at https://corpo.couche-tard.com/en and by clicking in the "Investors/Events & Presentations" section or by dialing 1-888-390-0549 or the international number 1-416-764-8682, followed by the access code 35419650#.
Rebroadcast: For individuals who will not be able to listen to the live webcast, a recording of the webcast will be available on the Corporation's website for a period of 90 days.
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SOURCE Alimentation Couche-Tard Inc. | https://www.mysuncoast.com/prnewswire/2022/08/30/alimentation-couche-tard-announces-its-results-its-first-quarter-fiscal-year-2023/ | 2022-08-30T21:40:57Z |
WINNIPEG, MB, IN THE HEART OF THE NATIONAL HOMELAND OF THE RED RIVER MÉTIS, Aug. 2, 2022 /PRNewswire/ - The Red River Métis tradition of sharing and preserving knowledge by passing it on from one generation to the next through art and storytelling is celebrated on a new fine silver coin showcasing the tradition of Red River Métis beadwork. This latest coin in the Mint's "Generations" series, tells the story of the Red River Métis through the intricate beadwork patterns of Manitoba Métis artist Jennine Krauchi. This inspiring collectable was unveiled at the Mint's Winnipeg facility today and is now available for purchase.
"The Mint was privileged to work in close collaboration with the Manitoba Métis to develop a coin that pays respect to their cherished cultural traditions, which are essential to preserving their ancestral knowledge and history," said Marie Lemay, President and CEO of the Royal Canadian Mint. "As a proud expression of Métis culture and identity, this coin sheds new light on the story of the Red River Métis and we are honoured to help foster a better understanding of the Métis Nation as this beautiful silver keepsake is passed on from generation to generation."
"Today is a proud day for the Manitoba Métis Federation as the National Government of the Red River Métis," said David Chartrand, President of the Manitoba Métis Federation. "Our unique prairie floral beadwork is a critical part of our history, identity, and culture. At times in the past, the distinct designs were so well known that we were called the flower beadwork people, in recognition of this art form. Today, prairie floral beadwork is experiencing a revival amongst our Citizens, led by people like Master Beadwork Artist Jennine Krauchi, who has worked diligently for years to pass her extensive knowledge on to others in our Nation."
"As we continue on the path of reconciliation, it is so important to showcase the cultures and histories of First Nations, Inuit, and Métis people in a way that accurately reflects their traditional knowledge and experiences," said The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance. "After working closely with the Manitoba Métis Federation, this new coin beautifully captures the story of the Red River Métis Nation, and will remind Canadians from coast to coast to coast that Métis heritage is a fundamental part of our shared story."
Designed by Métis artist Jennine Krauchi, the reverse of the 2022 $20 Fine Silver Coin – Generations: The Red River Métis reverse features an engraving of an original floral beadwork pattern. The design includes elements of the Michif language.
La Rivyeer Rooz, meaning the Red River, is inscribed at the base of the design, above which roots represent the Red River Métis homeland and ancestry. From the infinity symbol symbolizing the Métis Nation's eternal and unbreakable spirit flow two bands representing the Red River. They contain the words Taapweeyimisho and Taapweeyimik lii Michif, for "Believe in yourself" and "Believe in (the) Métis".
The fire in the centre of the design speaks to a period of repression and loss, but the prairie rose—a classic Red River Métis motif—represents the survival and cultural resurgence of the Nation. Long stems are characteristically adorned with two or three bead accents known as "mouse tracks", while leaves and flower buds fill the pattern with a sense of love and joy. The obverse features the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt.
"I have always tried to tell our stories through my beadwork, whether it's a personal story or a broader theme. For this coin, I tried to tell a little of the history of the Red River Métis, our struggles and hardships and what we have overcome as a people," said artist Jennine Krauchi. "I never thought that my journey of Métis beadwork would result in having my design chosen to be featured on a coin. I am so very proud, humbled and honoured. I created this image in celebration of all my Métis ancestors and all of the beaders who came before me, right back to those who picked up the first bead and produced this beautiful art form."
Limited to a world-wide mintage of 5,000, this 99.99% pure silver coin retails for $99.95 CAD and can be ordered as of today by directly contacting the Royal Canadian Mint at 1-800-267-1871 in Canada, 1-800-268-6468 in the US, or at www.mint.ca. It will also be available at the Royal Canadian Mint's boutiques in Ottawa and Winnipeg, at participating Canada Post outlets, and through the Mint's global network of dealers and distributors.
Images of the coin are available here.
The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins. The Mint is one of the largest and most versatile mints in the world, offering a wide range of specialized, high quality coinage products and related services on an international scale. For more information on the Mint, its products and services, visit www.mint.ca. Follow the Mint on Twitter, Facebook and Instagram.
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SOURCE Royal Canadian Mint | https://www.kxii.com/prnewswire/2022/08/02/celebrating-cultural-revival-tradition-passing-generational-knowledge-through-new-royal-canadian-mint-coin-honouring-red-river-mtis/ | 2022-08-02T17:53:40Z |
- The company secured a $32 million investment from investors such as Blue like an Orange Sustainable Capital (BLAO), Palm Drive and Minerva Capital.
- Thanks to its technological and sustainable developments, RobinFood has positioned itself as the most important Restaurant-tech company in the region.
SAN FRANCISCO , May 31, 2022 /PRNewswire/ -- RobinFood, the biggest cloud-based restaurant company in Latin America, has closed a new investment round of 32 million dollars led by Blue like an Orange Sustainable Capital (BLAO), Palm Drive, and Minerva Capital. Also, Bethia, Semillero Partners and MGM sustainable energy joined the round.
Since its foundation, RobinFood has been a reference in the market, thanks to its innovation and impressive growth, attracting investment from funds such as ALLVP from Mexico, Seaya from Spain, Endeavor Catalyst and 14W in the United States.
"At RobinFood we are proud of each of the achievements we've made. We share the vision of our new investors by considering technology as a fundamental tool to revolutionize the quick service restaurant industry and develop essential sustainable processes in today's world," said José Guillermo Calderón, CEO of RobinFood.
Robin Food announces this new investment within the significant growth of the company in Latam, given its disruptive technology and its innovative sustainability projects that are already generating a significant impact in the countries where it operates.
"This new round will allow us to strengthen our presence in Colombia and position ourselves as market leaders in Mexico and Brazil, launching 10 new brands, reaching more than 100M USD in ARR by end of 2022 and more than 1,000 brand-locations. We are currently in 29 cities, and we hope to be in 100 by the end of 2022," says Calderón.
A new impulse for RobinFood Partners digital restaurant franchise model
The investment round will also be a catalyst for the company to continue conquering intermediate cities thanks to 'RobinFood Partners', the program which they have been able to double their presence in Colombia in just 8 months, reaching a total of 21 cities through 'Partners'; in the case of Mexico, there are a total of 4 cities, and it continues to expand rapidly. In Brazil, they will launch their Partners program in May 2022. To date, more than 100 Partners have already joined in the region, where the small restaurateur is given the opportunity of additional income and they hope to have 500 Partners by the end of 2022.
Innovation and technology, the pillars of 'RobinFood' to create a more sustainable industry
RobinFood is a company that works under a complete technological ecosystem where more than 130 engineers work to generate the best user experience and optimize processes inside and outside the production and logistics chain, with the commitment to generate the least possible impact in the environment.
Using Artificial Intelligence (AI) and its revolutionary technology, developed 100% in the region, RobinFood cooks food according to a sophisticated model that allows it to forecast demand and reduce food waste. This allowed the company to save more than 650 tons of food in 2021.
In 2021 RobinFood became the first Latin American member of the Cool Food Pledge, a WRI (World Resources Institute) initiative that helps organizations globally reduce the environmental impact of their operations.
In addition, thinking of promoting equality within the company, RobinFood promotes the effective participation of women and equal opportunities. For this reason, it currently employs more than 160 single mothers; 48.7% of operational employees are women; with the closing of the round, Jocelyn Cortez Young, Managing Partner & Founder of Minerva Capital Group, joins the Board of Directors.
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SOURCE RobinFood | https://www.kxii.com/prnewswire/2022/05/31/robinfood-closes-new-investment-round-32-million-dollars-that-will-allow-it-continue-with-its-successful-expansion-latin-america/ | 2022-05-31T22:29:05Z |
DALLAS (KDAF) — When you hear the names Steve Martin and Martin Short there’s a slew of skits, shows and movies the duo have been a part of and one thing usually remains the same.
That thing is comedy and they’re bringing it to North Texas! Over at the Texas Trust CU Theatre at Grand Prairie, you’ll be able to catch Martin and Short on October 22 at 8 p.m.
The duo is bringing its show, You Won’t Believe What They Look Like Today! to North Texas as a part of their Now You See Them, Soon You Won’t tour.
“In “Now You See Them, Soon You Won’t,” comedy legends Steve Martin and Martin Short present new material in a variety of musical sketches and conversations about their iconic careers, most memorable encounters, and of course, their legendary lives in show-business.”
Tickets can be found here. | https://cw33.com/news/local/comedy-legends-steve-martin-martin-short-coming-to-grand-prairie-in-october/ | 2022-05-19T20:17:05Z |
BEVERLY, Mass., June 22, 2022 /PRNewswire/ -- Axcelis Technologies, Inc. (NASDAQ: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, is scheduled to participate in the 14th Annual CEO Summit, being held July 13, 2022, at the St. Regis Hotel, San Francisco, CA.
The presentation material utilized during the CEO Summit will be made accessible on the investor page of the company's website at www.axcelis.com
About the 14th Annual CEO Summit
The CEO Summit is collectively hosted and funded by participating companies and features a "round-robin" format consisting of small group meetings with company management teams. During the event, investors and analysts will have the opportunity to meet with the majority of the 12 management teams during the small group meeting sessions, as well as opportunities to meet with management during the breakfast and lunch networking sessions. The 12 management teams collectively hosting the 14th Annual CEO Summit 2022 include: ACM Research (ACMR), Aehr Test (AEHR), Alpha & Omega Semiconductor (AOSL), Axcelis (ACLS), Camtek Ltd. (CAMT), Cohu (COHU), Everspin Technologies (MRAM), Ichor Systems (ICHR), Intevac (IVAC), Kulicke & Soffa (KLIC), Pivotal Systems (PVS.AX), and SkyWater Technology (SKYT).
This year's CEO Summit is being co-sponsored by Cowen & Co., Intro-act, Jefferies and Stifel. Attendance at the CEO Summit is by invitation only and is available to accredited investors and publishing research analysts. As space is limited, please RSVP early. Hosts reserve the right to limit attendance as necessary. Last day for registration is July 1, 2022.
RSVP Contacts for 14th Annual CEO Summit 2022
To RSVP for the CEO Summit, please contact either of the Summit's co-chairs.
About Axcelis:
Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for over 40 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis at www.axcelis.com.
CONTACTS:
Maureen Hart (editorial/media) 978.787.4266
Doug Lawson (investor relations) 978.787.9552
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SOURCE Axcelis Technologies, Inc. | https://www.wibw.com/prnewswire/2022/06/22/axcelis-participate-14th-annual-ceo-summit/ | 2022-06-22T12:43:45Z |
Which vape travel cases are best?
Many vaping kits will come with several smaller pieces that comprise of its setup that can get lost in your purse, backpack and car console if you’re not careful. Whether you plan on using your e-cigarette to vape nicotine, flavorings or other dry herbs, you’ll want to invest in a carrying case so that you can keep your items neatly organized and well-protected from outside elements that could damage your pen. With its durable, smell-proof design and secure combination lock, the HELEMET HEAD smell-proof Bag is the top choice.
What to know before you buy a vape case
A quality vape case should definitely be at the top of your must-have accessory list. If you’re not entirely sure whether or not you should get one, a premium case will help keep your vape sessions more discreet and allow you to keep track of all your pen’s goodies and other attachments — especially if you’re prone to losing items and breaking them easily.
Security
The best type of carrying cases will keep items from rolling underneath the cushion, falling out of pockets, or disappearing into the depths of a bag by securing them down with a variety of pouches, elastics and compartments.
Longevity
The secret to keeping your e-pen in top condition is to prevent its outer chassis and buttons from getting scratched, dented or worn down. A sturdy case will protect a pen’s exterior from being pressed against constantly and help prevent damage to its charging and vaporization mechanisms.
Other Benefits
Another one of the biggest advantages of a nice and durable case is that less dirt and dust will be able to clog or get inside of your pen’s mouthpiece and heating chamber. Particles from makeup to crumbs and other outside elements can clog up and damage your pen if you’re not mindful enough to keep it protected in a case.
Most well-designed cases will also have room to hold at least two pens, mods, and other items such as cartridges and flavorings. You’re guaranteed to always be prepared if you need a second pen on hand, your battery runs out or one of your oils needs to be switched out.
What to look for in a quality vape travel case
Material
The most common materials you will see cases made out of are nylon, polyester and EVA. Each respective fabric has its own benefits that might suit your needs better depending on which environment you are in. For example, cases that are easier to fold can be convenient to pack in your carry-on but may be constructed out of breathable material that allows smells to escape. While cases made out of nylon are more waterproof and durable, they may be too bulky and weighted to carry around easily.
Styles
Vape cases will feature different designs and styles that you can choose from depending on your preference such as a backpack strap, crossbody, and clip-on. Each one will either feature a zipper or hook-and-loop closure that can be attached to other bags for quick access. However, if you prefer to be more discreet with your vape case, choose ones that can easily be stowed away in other larger bags or can also double as a storage case for other items.
Types
The two main types of cases you will see are hard-sided and soft-sided ones. Hard-sided cases will provide the utmost level of protection and insulation, although they can be bulkier and heavier depending on their build and design features. Soft cases are more stylish, compact and easier to travel with, but don’t offer nearly as much protection as hard cases.
How much you can expect to spend on a vape travel case
A case’s outer material, security features, accessories, amount of internal compartments and dividers will all determine how expensive a vape case will be compared to others. Most will range from $13-$50 depending on which features a brand has decided to design their cases with.
Vape travel case FAQ
How do vape cases keep your items organized?
A. Your vape and other accessories will usually be held in place by Velcro straps, mesh pockets, removable dividers or zipper closures inside the bag’s interior compartment.
Are all vape travel cases smell-proof?
A. How smell-proof your case is will ultimately be determined by what kind of material the outer layer is made of and what kind of fabric was used in the case’s interior. The porous material is more likely to let smells out rather than thicker chemically treated fabrics like polyurethane.
How long can I expect my vape case to last?
A. Most vaping cases are designed to be extra shock absorbent and can withstand excessive damage and force if dropped suddenly. Cases with hardened outer shells are a better option since most are still fairly lightweight and easy to carry around when on the move.
What’s the best travel vape case to buy?
Top vape travel case
What you need to know: This bag is 100% smell-proof, weatherproof and features a combination lock that helps keep all of your valuables extra safe and secure.
What you’ll love: The heavy-duty material stands up well over time and features two interior pockets that help keep everything organized.
What you should consider: Some consumers have reported problems with the zippers breaking off and say that the bag is less smell-proof if you squeeze it.
Where to buy: Sold by Amazon
Top vape travel case for the money
Scotte PU Leather Tobacco Smoking Pouch Case
What you need to know: Most vaping cases are designed to just store your vape, but this one also has room to store other items such as cash and ID cards, which makes traveling a lot easier.
What you’ll love: The built-in zippered compartments help keep things well organized and are made of durable, premium PU leather. The outer material is both soft and delicate, yet very fashionable and can be matched with anything thanks to being available in two versatile colors.
What you should consider: This case isn’t very smell-proof despite the outer material’s thickness and can be prone to signs of wear after long periods of use.
Where to buy: Sold by Amazon
Worth checking out
Smart Stash Premium Case with Built-in Combination Lock
What you need to know: This case is super roomy and designed with a zippered closure that can’t be moved unless you unlock it first with the side combination lock.
What you’ll love: Made of durable, waterproof nylon fabric, this multipurpose bag is small enough to fit inside a duffle bag or backpack. It also comes with heavy-duty SBS zippers and removable dividers.
What you should consider: Some users have reported problems with the zipper or lock breaking.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/travel-br/travel-essentials-br/best-vape-travel-case/ | 2022-05-29T19:14:42Z |
NEW YORK, May 4, 2022 /PRNewswire/ -- Castle Connolly Private Health Partners (CCPHP) is proud to announce they have received two distinguished awards at the recent 2022 Health 2.0 Conference in Las Vegas, NV.
The Health 2.0 Conference primarily comprises achievers from the industry whom they recognize for their contributions while providing a platform for networking and knowledge sharing amongst this elite group of high-performing individuals and companies.
There were many incredible applications this year and choosing the Honorees for these categories "Health 2.0 - Outstanding Leadership Award" & "Health 2.0 - Best Companies Award" was a very tough job for the Assessment Committee.
After careful consideration and research, the Assessment Committee selected Dean McElwain CCPHP President and CEO for the Outstanding Leadership Award for his reputation as a leader, educational background, professional experience, creative thinking, and decisive leadership. Castle Connolly Private Health Partners was selected for the Best Companies Award for their industry reputation, creative DNA, financial outlook, competitive edge, and strong leadership.
"We are honored to receive these prestigious awards. Thank you to the Health 2.0 Conference for this special recognition, and to my CCPHP team members, our physician partners, and members for supporting our organization as leaders in concierge medicine," said Dean McElwain, CCPHP President and CEO.
About CCPHP
Castle Connolly Private Health Partners (CCPHP) works with exceptional physicians to create and support concierge (membership-based) healthcare programs that enable the optimal practice environment and the physician-patient relationship. Members (patients) pay an affordable fee to take advantage of a wide array of enhancements for a more convenient, comprehensive, collaborative, and personalized approach to support health and wellbeing. For more information, go to ccphp.net.
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SOURCE Castle Connolly Private Health Partners, LLC | https://www.wibw.com/prnewswire/2022/05/04/castle-connolly-private-health-partners-is-proud-receive-two-awards-2022-health-20-conference/ | 2022-05-04T19:56:32Z |
CAMBRIDGE, England, July 20, 2022 /PRNewswire/ -- Abcam plc ("Abcam", "Company", "Group") (AIM: ABC) (Nasdaq: ABCM), a global leader in the supply of life science research tools, today provides the following trading update for the six-month period ending 30 June 2022. The Company will release its full results for the six-month period on 12 September 2022.
The Group expects to report total revenues for the six-month period of approximately £185 million, representing 19% growth (including Biovision) at constant exchange rates (CER)[1] and 23% on a reported basis.
Revenue growth continues to be driven by in-house catalogue sales resulting in gross margin expansion. As the multi-year period of growth investments begins to moderate, we anticipate delivering operating efficiencies enabling year-over-year adjusted operating profit margin expansion consistent with the Board's expectations.
CY2022 GUIDANCE
The Group continues to anticipate total CER revenue growth of approximately 20% (including BioVision) with mid-teens organic CER revenue growth.
SHARE TRADING, LIQUIDITY AND LISTING
Having consulted with shareholders on options to increase share liquidity as announced on 14 March 2022, the Board has decided to pursue a proposal to maintain a sole listing on Nasdaq and therefore to cancel the admission of the Company's shares to trading on AIM. The Company will continue to consult with shareholders on this proposal in the coming weeks with the intention to put the proposal to shareholder approval at a General Meeting called for that purpose later this year.
1 These results include discussion of alternative performance measures which include revenues calculated at Constant Exchange Rates (CER) and adjusted financial measures. CER results are calculated by applying prior period's actual exchange rates to this period's results. Adjusted financial measures are explained in note 2 and reconciled to the most directly comparable measure prepared in accordance with IFRS in note 4 to the interim financial statements.
Abcam plc
+44 (0) 1223 696 000
Tommy Thomas, CPA – Vice President, Investor Relations
Numis - Nominated Adviser & Joint Corporate Broker
+ 44 (0) 20 7260 1000
Freddie Barnfield / Duncan Monteith
Morgan Stanley - Joint Corporate Broker
+ 44 (0) 207 425 8000
Tom Perry / Luka Kezic
FTI Consulting
+44 (0) 20 3727 1000
Ben Atwell / Julia Bradshaw
Note:
This trading update is based upon unaudited management accounts and has been prepared solely to provide additional information on trading to the shareholders of Abcam plc. All figures are provisional and subject to further review. It should not be relied on by any other party for other purposes.
About Abcam plc
As an innovator in reagents and tools, Abcam's purpose is to serve life science researchers globally to achieve their mission faster. Providing the research and clinical communities with tools and scientific support, the Company offers highly validated antibodies, assays and other research tools to address important targets in critical biological pathways.
Already a pioneer in data sharing and ecommerce in the life sciences, Abcam's ambition is to be the most influential company in life sciences by helping advance global understanding of biology and causes of disease, which, in turn, will drive new treatments and improved health.
Abcam's worldwide customer base of approximately 750,000 life science researchers uses Abcam's antibodies, reagents, biomarkers and assays. By actively listening to and collaborating with these researchers, the Company continuously advances its portfolio to address their needs. A transparent program of customer reviews and datasheets, combined with industry-leading validation initiatives, gives researchers increased confidence in their results.
Founded in 1998 and headquartered in Cambridge, UK, the Company has served customers in more than 130 countries. Abcam's ordinary shares are listed on the London Stock Exchange (AIM: ABC) and its American Depositary Shares (ADSs) trade on the Nasdaq Global Market (Nasdaq: ABCM).
For more information, please visit www.abcam.com or www.abcamplc.com
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any express or implied statements contained in this announcement that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding Abcam's portfolio and ambitions, expected performance for 2022 are neither promises nor guarantees, but involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation: a regional or global health pandemic, including the novel coronavirus ("COVID-19"), which has adversely affected elements of our business, could severely affect our business, including due to impacts on our operations and supply chains; challenges in implementing our strategies for revenue growth in light of competitive challenges; developing new products and enhancing existing products, adapting to significant technological change and responding to the introduction of new products by competitors to remain competitive; failing to successfully identify or integrate acquired businesses or assets into our operations or fully recognize the anticipated benefits of businesses or assets that we acquire; if our customers discontinue or spend less on research, development, production or other scientific endeavors; failing to successfully use, access and maintain information systems and implement new systems to handle our changing needs; cyber security risks and any failure to maintain the confidentiality, integrity and availability of our computer hardware, software and internet applications and related tools and functions; failing to successfully manage our current and potential future growth; failing to increase access in the U.S. market, which we anticipate provides greater liquidity potential than AIM; any significant interruptions in our operations; if our products fail to satisfy applicable quality criteria, specifications and performance standards; failing to maintain our brand and reputation; our dependence upon management and highly skilled employees and our ability to attract and retain these highly skilled employees; and the important factors discussed under the caption "Risk Factors" in Abcam's prospectus pursuant to Rule 424(b) filed with the U.S. Securities and Exchange Commission ("SEC") on 22 October 2020, which is on file with the SEC and is available on the SEC website at www.sec.gov, as such factors may be updated from time to time in Abcam's other filings with the SEC. Any forward-looking statements contained in this announcement speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. Abcam disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this announcement, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law.
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SOURCE Abcam | https://www.wibw.com/prnewswire/2022/07/20/abcam-plc-first-half-trading-update/ | 2022-07-20T14:00:28Z |
All Business Units Achieve Record Revenue Totaling $6.88 Million
YOY Revenue Growth of 163% and Adjusted
EBITDA Improvement of 33%
TORONTO, LOS ANGELES and MUMBAI, India, Aug. 29, 2022 /PRNewswire/ - QYOU Media Inc., (TSXV: QYOU) (OTCQB: QYOUF) a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, is reporting final financial results for the quarter ended June 30, 2022. Highlights include as follows:
- Record Breaking Quarterly and YOY Revenue Growth: For the three months ended June 30, 2022 revenue was $6,883,363 representing a year over year increase of 163% and the highest revenue mark in company history.
- Improved Adjusted EBITDA*: For the three months ended June 30, 2022 compared to the same period prior year, adjusted EBITDA loss was $1,348,082 representing an EBITDA improvement of $666,223 or 33% driven by the revenue growth offset by higher operating expenses related to the growth of the business across all operating business units.
- Net Loss: Net loss for the quarter is $3,297,014, an increase of 7% or $210,362 driven by revenue growth across all business units offset by the launch of new channels and programming. In addition to the EBITDA loss, the Net loss includes income tax provisions of $35,760 and non-cash losses from share based compensation, marketing credits and amortization of $1,913,172.
- Cash Balance: The Company concluded the three months ended June 30, 2022 with cash of $4,181,414 (compared to March 31, 2022 cash of $5,082,637).
QYOU Media CEO and Co-Founder, Curt Marvis commented, "We are obviously thrilled with the continued strong growth of our business in India and the US in Q2 2022. This is particularly significant in light of the very small contribution to revenue coming from our new channels that were launched last quarter. As these channels mature and grow their audience and monetization potential they should further push overall revenue growth heading into Q4 and 2023."
To supplement our consolidated financial statements, which are prepared and presented in accordance with International Financial Reporting Standards ("IFRS"), we present Earnings Before Interest Tax Depreciation and Amortization ("Adjusted EBITDA") which is a non-IFRS financial measure. The presentation of non-IFRS financial measurement are not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss or net income (loss) or any other performance measures derived in accordance with IFRS or as an alternative to net cash provided by operating activities or any other measures of cash flows or liquidity.
We define earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") as revenue minus operating expenses excluding non-cash and or non-recurr operating expenses of stock-based compensation, marketing credits, depreciation and amortization (interest and taxes are not included in the Company's operating expenses). Adjusted EBITDA is used as an internal measure to evaluate the performance of our operating segments. We believe that information about this non-IFRS financial measure assists investors by allowing them to evaluate changes in operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and other factors that affect reported results. A limitation of the use of Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Furthermore, this measure may vary among companies; thus Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies.
This press release contains certain forward-looking statements within the meaning of applicable securities laws. Words such as "expects'', "anticipates" and "intends" or similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein may include, but are not limited to, information concerning the completion of future investments, the approval of the Exchange of the investments, the approval of the Reserve Bank of India of future investments, the expected use of proceeds from the investment, and statements relating to the business and future activities of QYOU. These forward-looking statements are based on QYOU's current projections and expectations about future events and other factors management believes are appropriate. Although QYOU believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect, and readers cannot be assured that the offering and the closing thereof will be consistent with these forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of numerous factors, including certain risk factors, many of which are beyond QYOU's control. Additional risks and uncertainties regarding QYOU are described in its publicly-available disclosure documents, filed by QYOU on SEDAR (www.sedar.com) except as updated herein. The forward-looking statements contained in this news release represent QYOU's expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. QYOU undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
Join our shareholder chat group on Telegram: http://t.me/QYOUMedia
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE QYOU Media Inc. | https://www.wibw.com/prnewswire/2022/08/29/qyou-media-reports-all-time-record-revenue-q2-2022/ | 2022-08-29T21:29:53Z |
After an eight-year hiatus, Cameron Diaz is making movies again.
Diaz, who officially confirmed her retirement from Hollywood in 2018, is set to star in the new Netflix film "Back in Action," alongside Jamie Foxx. The two previously starred together in 2014's "Annie," Diaz's last feature film appearance.
"(Jamie Foxx) only you could get me back in action," the actress wrote in an Instagram story following the announcement. "I can't frickin wait it's gonna be a blast!"
Netflix has not yet set a release date for the film, but Foxx wrote on Twitter that production is set to begin this year.
Foxx celebrated Diaz's return on Twitter, posting a recording of the two chatting about her comeback.
"I feel excited but, I don't know how to do this, you know?" Diaz said in the clip.
Foxx then brought Tampa Bay Buccaneers quarterback Tom Brady to the call. Brady -- who won six Super Bowls with the New England Patriots -- retired earlier this year, but came out of retirement just weeks later.
"I was talking to Jamie and he said you need a few tips on how to un-retire. I'm relatively successful at un-retiring," Brady joked.
Though not as active in Hollywood in recent years, Diaz remained busy by launching an organic wine label.
Last year, Diaz stated that, as a mother, she couldn't imagine being on a movie set for 16 hours a day anymore.
"Will I ever make a movie again? I'm not looking to, but will I? I don't know. I have no idea. Maybe. Never say never," she said at the time.
Diaz married Good Charlotte singer Benji Madden in 2015, and the two have one child together, Raddix, born in 2020.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/cameron-diaz-is-coming-out-of-retirement-thanks-to-jamie-foxx/article_817b18de-4a1e-52c9-90cd-b3cf846c5b6a.html | 2022-06-29T21:25:03Z |
SHENZHEN, China, Aug. 4, 2022 /PRNewswire/ -- To celebrate seven years of providing young families around the world with high-quality baby products, German-based Besrey is launching a celebration event with special offers on products across the range, as well as a number of prizes and gifts to give away to lucky winners. The anniversary celebration event will run for one week, beginning on August 2nd and finishing on the 8th.
With an emphasis on high-quality design and R&D over the past seven years, Besrey has rapidly grown to become one of the premier global baby product brands. Driven to benefit both the infant and the parents by offering highly evolved baby products, the brand is committed to making thoughtfully designed products that incorporate improvements and ensure safety and comfort for the baby while making parenting easier.
As part of the celebration event, starting from August 2nd, Besrey will be giving 10% cash back when customers spend $50, $100, or $200 on marked products such as Baby Bedside Sleeper Crib Bassinet, Lightweight Gravity Easy to Fold Baby Stroller, Child Carrier Hiking Backpack, 5-in-1 Toddler Bike and more.
Besrey will also be giving away 10 Hip Seat Baby Carriers to lucky winners who accumulate discount codes throughout the week, with an opportunity to snatch up the free prizes at 00:00 on August 7th (GMT-08:00). Also, from August 2-8, Besrey will be running a lottery competition with every user getting one chance per day to be in the draw to win coupons and gifts valued up to $299.
The Besrey product line focuses on three main areas: outdoor, sleeping, and travel. To meet the needs of any child, the company developed strollers, tricycles, carriers, car seats, bassinets, and many more innovative products within this range. Alongside the core value of 'born with love,' each product released adheres to strict industry standards, including EU, Swiss SGS, and more. The Besrey team follows six product principles: exquisite craftsmanship, practical and comfy experience, safe and eco-friendly material, minimalist appearance, scientific and professional design, as well as novel and unique style.
About Besrey
Founded in 2015, Besrey(born with love) is a German brand specializing in the production and sale of high-end products for infants and children. Since its inception, the company has focused on fostering its R&D team, which now consists of over 150 experts and has been granted 79 patents. As specialists in baby products, Besrey has also been recommended by many professional media outlets, such as verywellfamily and tripsavvy. Currently, Besrey operates three modern industrial parks and has sold over 30 million products to families scattered across more than 130 countries and regions.
For more information, please visit: https://bit.ly/Besrey7thevent
Or follow us on:
Instagram: https://bit.ly/BesreyIG
Facebook: https://bit.ly/BesreyFacebook
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PR Contact: marketing@besrey.com
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SOURCE Besrey GmbH | https://www.wibw.com/prnewswire/2022/08/04/besrey-celebrates-seventh-anniversary-with-giveaways-gifts-parents/ | 2022-08-04T14:48:13Z |
WASHINGTON (AP) — The House passed legislation Thursday intended to make it harder for future presidents to interfere with the once-a-decade census that determines political power and federal funding, a move that comes in response to the Trump’s administration’s failed effort to make a citizenship question part of the 2020 headcount.
The legislation was approved 220-208 with only Democratic lawmakers voting for it. The bill requires the Commerce secretary to certify to Congress that any new question sought on a future census be adequately studied and tested, and that the Government Accountability Office conduct a review of the certification.
It also seeks to limit political influence by mandating that a U.S. Census Bureau director can be fired only in cases of neglect of duty or malfeasance in office. It vests the director with all technical, operational and statistical decisions and says a deputy director has to be a career staffer with experience in demographics, statistics or related fields.
“Partisan manipulation of the census is simply wrong,” said Rep. Carolyn Maloney, D-N.Y., who chairs the Committee on Oversight and Reform, which investigated the Trump administration’s efforts to add the citizenship question. “My bill would protect the census and ensure this cannot happen again regardless of which party is in power.”
Republicans unanimously opposed the bill, saying it places more power in the hands of unelected bureaucrats, reducing accountability.
Rep. James Comer, R-Ky., said that the changes are designed to make it easier for future census results to favor Democratic-leaning states over Republican-leaning states by making it harder to overrule the director even when the president or Congress is concerned about decisions they believe will yield an unfair or inaccurate count.
The bill faces an uphill climb in the evenly divided Senate given the party-line vote in the House. But Sen. Gary Peters, the Democratic chairman of the Senate Homeland Security and Governmental Affairs Committee, said “clearly we will take a very serious look at it.”
The census determines how many congressional seats each state gets and the distribution of $1.5 trillion in federal spending each year. Its results are used for redrawing political districts. The 2020 census was one of the most challenging in recent memory because of the attempts at political interference, the COVID-19 pandemic and natural disasters.
In the years leading up to the 2020 census, the Trump administration unsuccessfully tried to add a citizenship question to the census questionnaire, a move that advocates feared would scare off Hispanics and immigrants from participating, whether they were in the country legally or not. The Supreme Court blocked the question.
The Trump administration also unsuccessfully tried to get the Census Bureau to exclude people in the country illegally from population figures used for divvying up congressional seats among the states, also called the apportionment numbers. The Trump administration tried to end data collection and processing earlier than the revised schedule put out by the Census Bureau in response to the pandemic, a move critics saw as an attempt by the administration to release the apportionment numbers while President Donald Trump was still in office.
The apportionment numbers were released in April 2021, four months after President Joe Biden took office and Trump left.
Critics claimed the citizenship question was inspired by a Republican redistricting expert who believed using citizen voting-age population instead of the total population for the purpose of redrawing of congressional and legislative districts could be advantageous to Republicans and non-Hispanic whites.
Even though many of the Trump administration’s political efforts failed, some advocates believe they did have an impact, with significantly larger undercounts of most racial and ethnic minorities in the 2020 census compared to the 2010 census.
The Black population in the 2020 census had a net undercount of 3.3%, while it was almost 5% for Hispanics and 5.6% for American Indians and Native Alaskans living on reservations. Those identifying as some other race had a net undercount of 4.3%.
With the legislation, “we are reaffirming our commitment that every person in every community is counted,” Rep. Judy Chu, D-Calif., and chair of the Congressional Asian Pacific American Caucus. | https://cw33.com/news/politics/ap-politics/ap-house-oks-bill-to-curb-political-interference-with-census/ | 2022-09-16T15:08:33Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Upstart, Inc. ("Upstart" or the "Company") (NASDAQ: UPST) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Upstart investors who were adversely affected by alleged securities fraud between March 18, 2021 and May 9, 2022. Follow the link below to get more information and be contacted by a member of our team:
UPST investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Upstart's AI model could not adequately account for macroeconomic factors such as interest rates that impact the market-clearing price for loans; (2) as a result, Upstart was experiencing a negative impact on its conversion rate; (3) as a result, the Company was reasonably likely to use its balance sheet to fund loans; and (4) 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.
WHAT'S NEXT? If you suffered a loss in Upstart during the relevant time frame, you have until July 12, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/06/02/upst-lawsuit-alert-levi-amp-korsinsky-notifies-upstart-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-02T18:58:48Z |
SE Labs recognizes Perception Point as the strongest performing email security solution, with a 100% total accuracy rating, 100% detection rate and 0% false positive rate – a record performance among competing security providers
TEL AVIV, Israel, June 16, 2022 /PRNewswire/ -- Perception Point, a leading provider of advanced threat prevention across digital channels, today announced that it has been awarded SE Labs' AAA rating for email security services protection, ranking #1 among several competing security providers. Perception Point's first-place ranking was published in the SE Labs report, Email Security Services (ESS): Enterprise 2022 Q2. SE Labs tested a range of email security services from well-known third-party security vendors and email platforms to judge which were most effective. The results found that Perception Point achieved a 'remarkable' 100% Total Accuracy rating, detecting every threat featured in the test, and returning 0% false positives.
In this test, SE Labs used advanced targeted attack techniques, as seen in devastating real-world attacks, to assess how well different platforms handle email cyber threats. Perception Point's platform outperformed rival email security solutions such as Fortinet FortiMail Cloud Email Security, Microsoft Defender for Office 365, and Google Workspace Enterprise.
"Many vendors started the rigorous SE Labs Email Security Services (ESS) testing process and out of the final four who completed it, we are pleased and proud to have been ranked #1 for the second time in a row," said Benny Reich, VP Product at Perception Point. "This test validates the added value that we bring to our customers, by providing unparalleled protection against the most advanced attack techniques. Our multi-layered protection platform is the core of our one-stop-shop to protect the organization's main attack vectors: email, web browsers and cloud collaboration apps."
Perception Point's holistic threat prevention solution, powered by multiple layers of advanced static and dynamic detection engines, isolates, detects and remediates threats across an organization's main attack vectors: email, web browsers, cloud collaboration channels, and proprietary apps. The solution detects all threats, such as APTs, zero-days, phishing, malware, BEC, ATO, impersonation attacks, and spam, in both Windows and Mac, up to 40x faster than other solutions on the market, dynamically scanning 100% of content within seconds to prevent attacks from reaching the organization.
"We are really pleased to include Perception Point in our latest report and to recognize the company as a winner of an AAA award for email security services," said Simon Edwards, SE Labs. "This extremely challenging test puts email services through a very rigorous assessment. Perception Point's email security solution succeeded in demonstrating its detection capabilities against a range of highly sophisticated and targeted attacks, with results that were outstanding. Perception Point's 100% total accuracy rating was remarkable."
To view the full SE Labs report, Email Security Services (ESS): Enterprise 2022 Q2, please see here: https://selabs.uk/reports/email-security-services-ess-enterprise-2022-q2/
About Perception Point
Perception Point is a Prevention-as-a-Service company for the fastest and most accurate next-generation detection and response to all attacks across email, cloud collaboration channels, and web browsers. The solution's natively integrated incident response service acts as a force multiplier to the SOC team, reducing management overhead, improving user experience and delivering continuous insights; providing proven best protection for all organizations.
Deployed in minutes, with no change to the enterprise's infrastructure, the patented, cloud-native and easy-to-use service replaces cumbersome legacy systems to prevent phishing, BEC, spam, malware, Zero-days, ATO, and other advanced attacks well before they reach end-users. Fortune 500 enterprises and organizations across the globe are preventing content-borne attacks across their email and cloud collaboration channels with Perception Point.
To learn more about Perception Point, visit our website, or follow us on LinkedIn, Facebook, and Twitter.
Perception Point Media Contact
Ben Crome
Headline Media
ben@headline.media
+1 914 336 4922
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SOURCE Perception Point | https://www.kxii.com/prnewswire/2022/06/16/perception-point-ranks-1-is-awarded-aaa-rating-email-security-services-protection-se-labs-report/ | 2022-06-16T13:35:19Z |
The Leading Spirits Company Announces Management Restructure as Brand Eyes Growth in Key Markets
NEW YORK, July 18, 2022 /PRNewswire/ -- Double Cross Vodka, LLC, one of the fastest growing ultra-premium vodka brands, announced today that J.B. Kropp has joined the organization as CEO, effective this month, bringing with him a significant track record of building and scaling companies with high-growth potential. Linda Gawne, the company's CEO for the past five years, will lead this transition as she moves into her new role as Board Chair.
"Our team, our Board and our investors share a collective commitment to taking the brand to new heights. I am particularly proud of the strides we've taken to make Double Cross Vodka the luxury craft brand it is today," said Gawne. "We are thrilled to welcome J.B. to the team. His track record, depth of experience and excitement about joining our business make him the ideal leader to build on the significant brand traction we've accrued thus far."
Double Cross Vodka is known for its superior ingredients and distilling process, as well as its provocative "Dare to Differ" marketing campaign. "I am looking forward to building upon the great foundation we've established and helping the brand achieve its full growth potential," stated Kropp. "Between the quality of our juice, our marketing campaign, our strategic sales partnership with Zamora, and our Distribution partnerships with Southern Glaser, Allied and Horizon, we believe we have all the ingredients in place to make Double Cross Vodka the country's leading ultra-premium vodka brand."
Most recently, Kropp was President of Dinovite, a pet supplement company where he successfully managed the sale of the business to private equity firm, Carlyle. Kropp also founded George Remus Whiskey, which was later successfully sold to MGP, and co-founded Faraday West Indies Rum. Gawne and Kropp will continue to work alongside one another through August 31st to support a seamless transition, after which Gawne will be advising on commercial strategy, providing business development expertise, as well as maintaining stakeholder relations.
The company also announced that Dan Ladenberger will be joining as CFO/COO of Double Cross Spirits, LLC. Dan brings a wealth of financial expertise and has been consulting with the company since early this year. Dan was formerly a Partner at PricewaterhouseCoopers with additional public market experience serving in numerous executive roles with SPX Corporation, a Fortune 500 Company.
For more information about Double Cross Vodka, visit www.doublecrossvodka.com.
About Double Cross Spirits, LLC
Double Cross is distilled in small batches in the Tatra Mountains of Slovakia. Seven-times distilled, and seven-times filtered, each batch is made with estate-grown winter wheat and pure mountain spring water drawn from aquifers located 200 feet below ground level. It was awarded a double gold medal at the San Francisco World Spirits Competition and a 98-point rating at the International Wine & Spirits Competition along with a rare 95-point rating from Wine Enthusiast and was the first vodka to ever win gold medals for both taste and bottle design at the World Spirits Competition. Double Cross Spirits, LLC is partnered with The Zamora Company and represented by Zamora Company USA, a sales and marketing joint venture in the US market. Double Cross Vodka is distributed by Southern Glazer's Wine & Spirits in 41 states, Horizon Beverage in five states and Allied Beverage in New Jersey.
DOUBLE CROSS VODKA® 40% Alc./Vol. Distilled from grain. Imported by Double Cross Spirits, LLC, Miami, FL.
© 2022 Double Cross Vodka
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SOURCE Double Cross Vodka | https://www.kxii.com/prnewswire/2022/07/18/double-cross-spirits-llc-appoints-jb-kropp-ceo/ | 2022-07-18T13:19:02Z |
- Total revenues in the second quarter were $45.5 billion
- Shareholders' net income for the second quarter was $1.6 billion, or $4.90 per share
- Adjusted income from operations2 for the second quarter was $2.0 billion, or $6.22 per share
- Adjusted income from operations2,3 for 2022 is now projected to be at least $22.90 per share3
BLOOMFIELD, Conn., Aug. 4, 2022 /PRNewswire/ -- Global health services company Cigna Corporation (NYSE: CI) today reported strong second quarter 2022 results reflecting revenue and earnings growth across its businesses.
"Our focus on our customers, patients and clients continues to resonate in the market as our strong results and positive momentum reinforce the value we are delivering," said David M. Cordani, chairman and chief executive officer. "Evernorth and Cigna Healthcare continue driving our strong performance, and our focus on ongoing innovation positions us for sustained, differentiated growth."
Total revenues for second quarter 2022 were $45.5 billion. Adjusted revenues1 were $45.4 billion and reflect strong contributions from each of Cigna's ongoing businesses.
Shareholders' net income for second quarter 2022 was $1.6 billion, or $4.90 per share, compared with $1.5 billion, or $4.25 per share, for second quarter 2021.
Cigna's adjusted income from operations2 for second quarter 2022 was $2.0 billion, or $6.22 per share, compared with $1.8 billion, or $5.24 per share, for second quarter 2021 reflecting strong earnings contributions across the Company's businesses.
Reconciliations of total revenues to adjusted revenues1 and of shareholders' net income to adjusted income from operations2 are provided on the following page and on Exhibit 1 of this earnings release.
CONSOLIDATED HIGHLIGHTS
The following table includes highlights of results and reconciliations of total revenues to adjusted revenues1 and shareholders' net income to adjusted income from operations2:
- Adjusted income from operations2 for the second quarter 2022 increased 9.6% from second quarter 2021 with strong contributions from Evernorth and Cigna Healthcare.
- The adjusted SG&A expense ratio4 was 7.1% for second quarter 2022 compared to 6.9% for second quarter 2021.
- The debt-to-capitalization ratio was 42.1% at June 30, 2022, in line with first quarter 2022.
- Year to date through June 30, 2022, the Company repurchased 9.7 million shares of common stock for approximately $2.3 billion. Additionally, in July 2022, the Company received an initial delivery of 10.4 million shares of our common stock in accordance with the Accelerated Share Repurchase Agreements announced in June.
CUSTOMER RELATIONSHIPS
The following table summarizes Cigna's medical customers and overall customer relationships:
- Total customer relationships5 at second quarter 2022 grew by 3% year to date to 191.3 million.
- The total medical customer base5,6 at second quarter 2022 grew to 17.8 million, an increase of 725,000 customers year to date, driven by growth in U.S. Commercial fee-based client relationships, partially offset by a decrease in U.S. Government inclusive of the divestiture of the Medicaid business.
HIGHLIGHTS OF SEGMENT RESULTS
See Exhibit 1 for a reconciliation of adjusted income (loss) from operations2 to shareholders' net income.
Evernorth
This segment includes a broad range of coordinated and point solution health services and capabilities, including pharmacy benefits services, specialty pharmacy and care services, which are provided to health plans, employers, government organizations, and health care providers.
- Second quarter 2022 adjusted revenues1 increased 7% relative to second quarter 2021 reflecting strong organic growth in specialty pharmacy services.
- Second quarter 2022 adjusted income from operations, pre-tax2 increased 4% relative to second quarter 2021, reflecting continued affordability improvements, growth in specialty pharmacy and specialty distribution businesses and expense favorability. These were partially offset by strategic investments in expanding our services portfolio and digital capabilities as well as lower network and home delivery volumes.
Cigna Healthcare6
This segment includes Cigna's U.S. Commercial, U.S. Government, and International Health businesses that provide comprehensive medical and coordinated solutions to clients and customers. U.S. Commercial products and services include medical, pharmacy, behavioral health, dental, vision, health advocacy programs and other products and services for insured and self-insured customers. U.S. Government solutions include Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, and individual health insurance plans both on and off the public exchanges. International Health solutions include health care coverage in our international markets, as well as health care benefits for globally mobile individuals and employees of multinational organizations.
- Second quarter 2022 adjusted revenues1,8 grew 4% over second quarter 2021 absent the divestiture of our Medicaid business11. This reflects increased specialty contributions, premium increases to cover underlying cost trends and U.S. Commercial customer growth.
- Second quarter 2022 adjusted income from operations, pre-tax2 and adjusted margin, pre-tax7 increased 18% relative to second quarter 2021 primarily due to a lower MCR4 and increased specialty contributions, partially offset by the absence of favorable non-recurring items recorded in second quarter 2021.
- The Cigna Healthcare MCR4 of 80.7% for second quarter 2022 compares to 84.4% for second quarter 2021, reflecting moderated medical costs, including lower direct COVID-19 costs and effective execution in pricing and affordability initiatives in our U.S. Commercial business, as well as improved Medicare Advantage risk adjustment revenues.
- Cigna Healthcare net medical costs payable9 was $4.29 billion at June 30, 2022, $4.02 billion at June 30, 2021, and $4.00 billion at December 31, 2021. Favorable prior year reserve development on a gross pre-tax basis was $268 million and $228 million through second quarter 2022 and 2021, respectively.
Corporate and Other Operations6
Corporate reflects interest expense, as well as amounts not allocated to operating segments and includes intersegment eliminations. Additionally, this discussion includes items reported in Other Operations which is comprised of the international life, accident, and supplemental benefits businesses6, Corporate Owned Life Insurance ("COLI"), our interest in a joint venture in Türkiye and the Company's run-off operations.
- Second quarter 2022 adjusted loss from operations, pre-tax2 was unfavorable to second quarter 2021 primarily reflecting an increase in operating expenses for enterprise-wide initiatives.
- On July 1, 2022, the Company completed the sale of its life, accident and supplemental benefits businesses in six countries (Hong Kong, Indonesia, New Zealand, South Korea, Taiwan and Thailand) to Chubb for approximately $5.4 billion in cash.
2022 OUTLOOK
Cigna's outlook for full year 2022 adjusted revenues1,3 is projected to be at least $178 billion. Cigna's outlook for full year 2022 consolidated adjusted income from operations2,3 is projected to be at least $7.165 billion, or at least $22.90 per share3. Additionally, this outlook includes the impact of expected future share repurchases and anticipated 2022 dividends.
The foregoing statements represent the Company's current estimates of Cigna's 2022 consolidated and segment adjusted income from operations2,3 and other key metrics as of the date of this release. Actual results may differ materially depending on a number of factors. Investors are urged to read the Cautionary Note Regarding Forward-Looking Statements included in this release. Management does not assume any obligation to update these estimates.
This quarterly earnings release and the Quarterly Financial Supplement are available on Cigna's website in the Investor Relations section (https://investors.cigna.com/home/default.aspx). Management will be hosting a conference call to review second quarter 2022 results and discuss full year 2022 outlook beginning today at 8:30 a.m. ET. A link to the conference call is available in the Investor Relations section of Cigna's website located at https://investors.cigna.com/events-and-presentations/default.aspx.
The call-in numbers for the conference call are as follows:
Live Call
(888) 455-5036 (Domestic)
(773) 799-3981 (International)
Passcode: 842022
Replay
(800) 934-9697 (Domestic)
(203) 369-3395 (International)
It is strongly suggested you dial in to the conference call by 8:15 a.m. ET.
About Cigna
Cigna Corporation (NYSE: CI) is a global health services company dedicated to improving the health, well-being and peace of mind of those we serve. Cigna delivers choice, predictability, affordability and access to quality care through integrated capabilities and connected, personalized solutions that advance whole person health. All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Cigna Health and Life Insurance Company, Connecticut General Life Insurance Company, Evernorth companies or their affiliates, and Express Scripts companies or their affiliates. Such products and services include an integrated suite of health services, such as medical, dental, behavioral health, pharmacy, vision, supplemental benefits, and other related products.
Cigna maintains sales capability in over 30 countries and jurisdictions, and has over 190 million customer relationships throughout the world. To learn more about Cigna®, including links to follow us on Facebook or Twitter, visit www.cigna.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release, and oral statements made in connection with this release, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on Cigna's current expectations and projections about future trends, events and uncertainties. These statements are not historical facts. Forward-looking statements may include, among others, statements concerning our projected adjusted income from operations outlook for 2022 on a consolidated, per share, and segment basis; projected adjusted revenue outlook for 2022; projected total medical customer growth over year end 2021; projected medical care and adjusted SG&A expense ratios; projected consolidated adjusted tax rate; projected cash flow from operations; future dividends; projected weighted average shares outstanding; future financial or operating performance, including our ability to deliver affordable, personalized and innovative solutions for our customers and clients, including in light of the challenges presented by the COVID-19 pandemic; future growth, business strategy, strategic or operational initiatives; economic, regulatory or competitive environments, particularly with respect to the pace and extent of change in these areas and the impact of the developing inflationary pressures; the ongoing Russia-Ukraine conflict; financing or capital deployment plans and amounts available for future deployment; our prospects for growth in the coming years; strategic transactions, including the sale of our international life, accident and supplemental benefits businesses; and other statements regarding Cigna's future beliefs, expectations, plans, intentions, liquidity, cash flows, financial condition or performance. You may identify forward-looking statements by the use of words such as "believe," "expect," "project," "plan," "intend," "anticipate," "estimate," "predict," "potential," "may," "should," "will" or other words or expressions of similar meaning, although not all forward-looking statements contain such terms.
Forward-looking statements are subject to risks and uncertainties, both known and unknown, that could cause actual results to differ materially from those expressed or implied in forward-looking statements. Such risks and uncertainties include, but are not limited to: our ability to achieve our strategic and operational initiatives; our ability to adapt to changes in an evolving and rapidly changing industry; our ability to compete effectively, differentiate our products and services from those of our competitors and maintain or increase market share; price competition, inflation and other pressures that could compress our margins or result in premiums that are insufficient to cover the cost of services delivered to our customers; the potential for actual claims to exceed our estimates related to expected medical claims; our ability to develop and maintain satisfactory relationships with physicians, hospitals, other health service providers and with producers and consultants; our ability to maintain relationships with one or more key pharmaceutical manufacturers or if payments made or discounts provided decline; changes in the pharmacy provider marketplace or pharmacy networks; changes in drug pricing or industry pricing benchmarks; political, legal, operational, regulatory, economic and other risks that could affect our multinational operations; the scale, scope and duration of the COVID-19 pandemic and its potential impact on our business, operating results, cash flows or financial condition; risks related to strategic transactions and realization of the expected benefits of such transactions, including with respect to the sale of our international life, accident and supplemental benefits businesses, as well as integration or separation difficulties or underperformance relative to expectations; dependence on success of relationships with third parties; risk of significant disruption within our operations or among key suppliers or third parties; our ability to invest in and properly maintain our information technology and other business systems; our ability to prevent or contain effects of a potential cyberattack or other privacy or data security incident; potential liability in connection with managing medical practices and operating pharmacies, onsite clinics and other types of medical facilities; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; uncertainties surrounding participation in government-sponsored programs such as Medicare; the outcome of litigation, regulatory audits and investigations; compliance with applicable privacy, security and data laws, regulations and standards; potential failure of our prevention, detection and control systems; unfavorable economic and market conditions including the risk of a recession or other economic downturn and resulting impact on employment metrics, stock market or interest rate declines and risks related to a downgrade in financial strength ratings of our insurance subsidiaries; the impact of our significant indebtedness and the potential for further indebtedness in the future; unfavorable industry, economic or political conditions; credit risk related to our reinsurers; as well as more specific risks and uncertainties discussed in our most recent report on Form 10-K and subsequent reports on Forms 10-Q and 8-K available through the Investor Relations section of www.cigna.com. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made, are not guarantees of future performance or results, and are subject to risks, uncertainties and assumptions that are difficult to predict or quantify. Cigna undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by law.
INVESTOR RELATIONS CONTACT:
Ralph Giacobbe
860-787-7968
Ralph.Giacobbe@cigna.com
MEDIA CONTACT:
Justine Sessions
860-810-6523
Justine.Sessions@cigna.com
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SOURCE Cigna | https://www.wibw.com/prnewswire/2022/08/04/cigna-reports-strong-second-quarter-2022-results-raises-2022-outlook/ | 2022-08-04T11:45:24Z |
Utah-based pest control company credits employee commitment and consumer trust as key growth contributors
LOGAN, Utah, Aug. 22, 2022 /PRNewswire/ -- Fox Pest Control announced today that for a second consecutive year the company has been named to the Inc. 5000 list, a prestigious ranking of the 5,000 fastest-growing, privately-owned businesses in America. Thanks to its impressive three-year revenue growth of more than 250 percent and the addition of more than 450 team members between 2017 and 2020, Fox Pest Control ranks No. 2333 on the 2022 Inc. 5000 list.
"Securing a spot on the Inc. 5000 List is a huge accomplishment for the entire Fox team," explained Mike Romney, co-founder and co-CEO of Fox Pest Control. "To be honored for a second-consecutive year is incredibly humbling and a testament to the hard work and dedication of all of our team members."
Founded in 2012 by brother-in-laws, Mike Romney and Bryant White, Fox Pest Control has become one of the leading pest control companies in the country. While the company is headquartered in Logan, Utah, Fox Pest Control operates more than 30 different branches, bringing superior pest control services to homeowners in 13 states. Today, the company employs more than 900 individuals and has helped more than 385,000 homeowners eliminate and protect their home against pests.
"When we started Fox Pest Control, securing a spot on the Inc. 5000 list wasn't even in our wildest dreams," explained Romney. "And while recognitions like this are to be celebrated, we know this is only another step in our journey, not our final destination. We're excited to keep up the momentum and continue growing, employing the best and exceeding customer expectations."
The impressive growth of Fox Pest Control has secured the company several other prestigious recognitions. Earlier this year, Fox Pest Control moved into the No. 13 spot on the list of Top 100 Pest Control Companies compiled annually by Pest Control Technology Magazine. Additionally, Fox Pest Control ranked No. 40 on Inc. Magazine's third annual Inc. 5000 Regionals Rocky Mountain list, a ranking of the 60 fastest-growing private companies based in Colorado, Idaho, Montana, Nevada, Utah and Wyoming.
Bryant White, co-founder and co-CEO, credits Fox Pest Control's continued success and recent accolades to a combination of employee commitment and consumer trust.
"We have the absolute best team. Each day, everyone comes to work ready to live our core values of Relationships First and Extreme Ownership. And our focus is always on the customer, yielding a positive customer experience that serves as a catalyst for retention and referrals," explained White.
Fox Pest Control is always looking for outstanding talent to join its sales and customer service teams. Details on job openings and information on how to apply are posted on Fox Pest Control's career page.
More information about Fox Pest Control is available on the company's website, and complete results of the Inc. 5000 can be found at www.inc.com/inc5000.
Fox Pest Control operates more than 30 branches in 13 states, bringing superior pest control services to homeowners. The company currently ranks #13 on Pest Control Technology's Top 100 Pest Control Companies in 2022 and has appeared on the Inc. 5000 List for the past two years. Learn more about Fox Pest Control at fox-pest.com.
Contact:
Amanda Triest
amanda@cardinalcommsgroup.com
801-425-0827
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SOURCE Fox Pest Control | https://www.wibw.com/prnewswire/2022/08/22/fox-pest-control-ranks-incs-list-fastest-growing-private-companies-second-consecutive-year/ | 2022-08-22T14:41:40Z |
Talkwalker, in partnership with Twitter, analyzed over 16.2 million cost-of-living conversations to reveal the impact of rapidly rising costs on global consumers
- People on Twitter aged 25-34, saw the sharpest increase in cost of living conversations, highlighting their increased concerns about the crisis.
- Consumers are most anxious about the rising cost of gas and heating.
- Many believe long-term saving solutions are prohibited by high initial outlays.
NEW YORK, July 26, 2022 /PRNewswire/ -- Talkwalker, a leading consumer intelligence platform, in partnership with Twitter, announced the launch of its Exploring the Cost of Living Conversation 2022 report. As a Twitter Official Partner, Talkwalker was able to analyze over 16 million cost-of-living conversations on Twitter, to understand how this global issue is impacting consumers.
The insights within this report can enable brands to be more empathetic during this time, and allow them to adapt their campaigns and comms strategies to fit today's consumers' wants and needs.
"There's no escaping the rising cost of living," said Elena Melnikova, Talkwalker's CMO. "With consumers across the globe having their budgets squeezed, and brands facing a challenging sales period. 79% of conversations around the rising costs of essentials are focused on gas, fuel, and rent, leaving less money for food and frivolities. To maintain their appeal, brands need to adjust their strategies to align with consumer concerns and sentiment."
The report is based on Twitter data, analyzed through Talkwalker's Consumer Intelligence Acceleration Platform™. This combination of valuable data and powerful analytics provides additional insights into the ongoing situation.
"Twitter is where the world comes to discuss what's happening" said Lauren Jenkins, Head of the Twitter Official Partner Program. "As the cost of living crisis develops, we've seen people discuss its implications on Twitter. During this time, it's important that brands stay connected to their customers and listen to their needs. Social listening platforms like Talkwalker and social media platforms like Twitter can help brands discover the insights necessary to encourage empathetic brand actions and communications that will resonate with their audiences.
These insights highlight changes in several consumer buying habits:
- Consumers are willing to spend more, but only within reason, with many concerned about brands potentially profiteering from the crisis.
- Budget cuts are leading people into changing their long-term life decisions, rethinking everything from buying electric vehicles, to how they manage their retirement.
- Many consumers are turning to Twitter for help, with new types of communities born, focused on helping those survive the crisis, with money-saving tips and discount codes.
To discover more, you can download the Exploring the Cost of Living Conversation report here.
About Talkwalker
Talkwalker is the #1 consumer intelligence company and is dedicated to helping brands close the gap between brand and consumer. Recognized by Forrester as a Leader in Consumer Intelligence and Social Listening, Talkwalker brings together market-leading social analytics and AI technology, with unstructured data expertise, and a global team of insights analysts and data storytellers.
Talkwalker enables brands to put consumers at the heart of their decision-making, empowering them to embrace smarter innovation, create more successful campaigns, and provide enhanced customer experiences. With teams around the world, Talkwalker helps over 2,500 global brands to be consumer close, and accelerate their brand growth.
To discover more about Talkwalker, please visit www.talkwalker.com.
About Twitter, Inc. (NYSE: TWTR)
Twitter is what's happening and what people are talking about right now. To learn more, visit about.twitter.com and follow @Twitter. Let's talk.
Contact
Tom Francoeur, Crackle PR
tom@cracklepr.com
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SOURCE Talkwalker | https://www.kxii.com/prnewswire/2022/07/26/new-talkwalker-report-reveals-young-people-twitter-are-most-concerned-by-rising-cost-living/ | 2022-07-26T19:50:56Z |
FORT LAUDERDALE, Fla., July 5, 2022 /PRNewswire/ -- GQG Partners, one of the world's leading global equity boutique investment management firms, recently marked its sixth anniversary with over $94 billion in assets under management and top quartile performance across all four core strategies – Emerging Markets Equity, Global Equity, International Equity, and US Equity – since their inception*. Since its founding in 2016, GQG has added significant value for clients, and as a result has grown nicely, now with five offices spanning the U.S., Australia, and Europe, and with over 140 associates worldwide.
Along with the growth of the company comes opportunity for three key members of the investment team. GQG Partners announces the elevation of James Anders, Brian Kersmanc, and Sudarshan Murthy to Portfolio Managers across the firm's core strategies. This move demonstrates the firm's continued commitment to developing our investment talent and delivering performance for our clients.
"It's a privilege to celebrate GQG Partners' sixth anniversary with the extraordinary team we have and continue to build upon," said Tim Carver, Chief Executive Officer of GQG Partners. "These well-earned promotions reflect our commitment to best serving our clients and the development of our associates."
The promoted investment team members will continue to collaborate closely with Chairman and Chief Investment Officer Rajiv Jain as they do today with minimal changes to the current investment decision making process.
"I am proud of the performance GQG Partners has achieved over the past six years," said Rajiv Jain. "Our commitment to our clients is unwavering. The promotion of James, Brian, and Sudarshan, who have all played growing roles in the evolution and execution of GQG's investment strategy, is a further testament to that commitment. Our goal remains singularly focused on compounding capital for our clients through various investment cycles."
*Past performance is not indicative of future performance. Source: eVestment as of May 31, 2021. Data collected on June 21, 2022. GQG Partners Emerging Markets Equity Strategy was ranked 1st in the eVestment Global Emerging Mkts Large Cap Growth Equity universe for the since inception period (December 1, 2014). GQG Partners Global Equity Strategy was ranked 6th in the eVestment Global Large Cap Growth Equity universe for the since inception period (October 1, 2014). GQG Partners International Equity Strategy was ranked 5th in the eVestment ACWI ex-US Large Cap Growth Equity universe for the since inception period (December 1, 2014). GQG Partners US Equity Strategy was ranked 1st in the eVestment US Large Cap Growth Equity universe for the since inception period (July 1, 2014). The eVestment rankings are based on the performance for each of the Firm's core strategy composites since their respective inception dates and the composite performance does not reflect the impact of investment advisory fees. Performance would be reduced by investment advisory fees or other fees an investor may experience when investing in a fund or other investment vehicle to access a GQG managed strategy, such as custody and administration. Strategy (composite) performance does not necessarily represent any particular client experience and an individual client portfolio may have experienced performance that is lower or higher based on the timing of their investment with GQG or in a GQG managed product. GQG has gathered the information in good faith from sources it believes to be reliable, including its own resources and third parties. However, GQG does not represent or warrant that any information, including, without limitation, any past performance results and any third-party information provided, is accurate, reliable or complete, and it should not be relied upon as such. GQG has not independently verified any information used or presented that is derived from third parties, which is subject to change.
GQG Partners is an investment boutique which is a wholly owned subsidiary of a majority employee-owned company listed on the Australian Securities Exchange (ASX: GQG). The firm manages global and emerging market equities for institutions, advisors, and individuals worldwide. Headquartered in Fort Lauderdale, Florida, we strive for excellence at all levels of our organization through a commitment to independent thinking, continual growth, cultural integrity, and a deep knowledge of the markets. GQG Partners manages more than US$94 billion in client assets as of May 31, 2022. For more information, please visit gqgpartners.com.
MEDIA CONTACT:
Steve Ford, Managing Director — Global Distribution
GQG Partners
+1 (754) 312-6107
sford@gqgpartners.com
© 2022 GQG Partners LLC. All rights reserved. Data and content presented is as of May 31, 2022 and denominated in US dollars (US$), unless otherwise stated. PR6YRPM 0622
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SOURCE GQG Partners LLC | https://www.kxii.com/prnewswire/2022/07/05/gqg-partners-celebrates-six-years-with-top-quartile-performance-since-inception-investment-team-promotions/ | 2022-07-05T11:32:46Z |
Biden order aims to punish captors of Americans held abroad
WASHINGTON (AP) — President Joe Biden signed an executive order Tuesday aimed at increasing the flow of information to families of Americans detained abroad and at imposing sanctions on the criminals, terrorists or government officials who hold them captive.
It is unclear if the new order will result in bringing home more Americans jailed in foreign countries, but senior Biden administration officials who previewed the action to reporters said they regard it as an important way to raise the cost of hostage-taking and to punish captors.
The executive order is being announced as the administration faces criticism from some families over a perceived lack of creativity and aggressiveness in getting their loved ones home. It also comes as the ongoing detention in Russia of WNBA star Brittney Griner has brought increased attention to the population of Americans who are jailed abroad and designated by the U.S. as wrongfully detained.
The action relies on a section of the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act — named after a retired FBI agent who vanished in Iran 15 years ago and is now presumed dead — that authorizes the president to impose sanctions, including visa revocations, on people believed to be involved in the wrongful detention of Americans.
In this case, officials said, that could apply to government officials or to criminals or terrorists unaffiliated with a government. Since sanctions may not always help facilitate a jailed American’s release — Russia’s invasion of Ukraine, for instance, has proceeded despite a wave of economic sanctions from Western allies — such punishment is expected to be used judiciously, according to one official who briefed reporters on the condition of anonymity under ground rules set by the administration.
Another element of the order will direct federal agencies to do better at sharing information and intelligence with families of detainees about the latest status of their case and efforts to get their loved one home.
In addition, the State Department is adding a new risk indicator to its country-specific travel advisories to warn travelers about nations where there’s believed to be an elevated risk of detention.
The department already uses foreign travel risk indicators for categories including crime, health and kidnapping. Officials said the new risk indicator, marked as “D” for detention, will be applied at least initially to the following countries: Burma, China, Iran, North Korea, Russia and Venezuela.
Relatives of jailed Americans are gathering in Washington, D.C., this week for the unveiling of a mural to honor the detainees. Administration officials would not say whether Biden would meet with the families.
Jonathan Franks, a spokesman for the Bring Our Families Home Campaign, a group that advocates for the interests of hostages and detainees, said in a statement that the “families continue to await a reply to their requests for meetings with President Biden.”
Franks said that rather than engaging with the families in a meaningful way, “the White House is taking executive action to direct itself to follow existing law.”
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Follow Eric Tucker on Twitter at http://www.twitter.com/etuckerAP.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/19/biden-order-aims-punish-captors-americans-held-abroad/ | 2022-07-19T14:30:19Z |
DURHAM, N.C., July 1, 2022 /PRNewswire/ -- World Overcomers Christian Church (WOCC), led by founder and Pastor Andy Thompson, will celebrate Independence Day Weekend with a two-day event called the "Away Game," consisting of a Sunday Pop Up worship experience and a Saturday White Party social event.
(WOCC) is located in the Raleigh/Durham area of North Carolina and was founded in 2003 with just 35 members. Since its inception, World Overcomers has become one of the fastest-growing churches in America. Membership has grown to more than 10,000 people, nearly half of them men.
Pastor Andy Thompson states, " The Away Game concept was conceived in response to the challenges that COVID-19 presented to churches across America. WOCC spent nearly two years streaming to thousands of viewers each week while the physical doors were closed. Even now, with our church doors open weekly, the majority of our membership still worships virtually. In a post-Covid-19 world, it matters less where you deliver your message and more about the impact of your message. So bringing the message of hope and freedom to Charlotte during a holiday celebrating freedom aligns with our mandate to be a church that reaches the world."
Both events will be held at the Knight Theater 430 S.Tryon St. Charlotte, NC 28202.
The White Party will take place on July 2, 2022, at 7:00 PM and is free and open to the public. This will be a great opportunity to meet Pastor Andy Thompson and his staff. Space is limited; those who wish to attend must RSVP at https://brushfire.com/wocc .
The Pop Up Worship Service will be held on Sunday, July 3, 2022, at 10:00 AM, and doors will open at 9:00 AM.
Pastor Andy Thompson will be available for comments on Sunday from 9:30 AM until 10:15 AM.
Website: https://www.worldovercomers.church/awaygameclt
Media Contact: Marco Cortes, 619-798-8155, hello@markobravo.com
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SOURCE World Overcomers Christian Church | https://www.kxii.com/prnewswire/2022/07/01/world-overcomers-christian-church-durham-nc-host-independence-day-weekend-events-charlotte/ | 2022-07-01T13:07:04Z |
SURREY, BC , April 12, 2022 /PRNewswire/ - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), the innovative developer of the INEO Media Network, a digital advertising and analytics solution for retailers, is pleased to announce the Company's representatives will be participating at the following upcoming conferences:
Date: April 22-23, 2022
Location: Scottsdale, Arizona
Link: https://cem.ca/conference/scottsdale-capital-event-2022/
Greg Watkin, Founder and Chairman, and Kyle Hall, CEO of INEO, will discuss an overview of INEO's progress, including the development of the INEO Welcoming Network and the Company's global partnership with Prosegur. The conference introduces growth-stage companies to active top-level capital finance individuals through a day of scheduled 1-on-1 meetings and networking activities.
Date: April 25-27, 2022
Location: Orlando, Florida
Link: https://www.rila.org/conferences/retail-asset-protection-conference
Booth: Florida Exhibition Halls A-F – Booth 1807 (Prosegur Security)
Kyle Hall, CEO of INEO, will be attending the conference and INEO will be showcased in the Prosegur Security booth where a demo of the Welcoming System will be on display. INEO is quickly becoming recognized as a leading innovator in the retail technology sector. Hosted by the Retail Industry Leaders Association (RILA), the Retail Asset Protection Conference features retailer-led breakouts and round tables, inspiring Keynotes and general sessions.
INEO Tech Corp.
Per: "Kyle Hall"
Kyle Hall, Chief Executive Officer and Director
INEO Tech Corp., through its wholly owned subsidiary, INEO Solutions Inc., operates the INEO Media Network, a digital advertising and analytics solution for retailers. INEO's patented technology integrates and monetizes digital screens with theft detection sensor gates at the entrance of retail stores. The Company's cloud-based platform uses IoT (Internet of Things) and AI (Artificial Intelligence) technology to deliver customized digital advertising to each retail location based on the demographic mix, such as age and gender, of customer traffic at each location. The Company offers its technology through a SaaS-based solution to retailers. INEO is headquartered in Surrey, Canada and publicly traded on the TSX-Venture Exchange under the symbol "INEO" and on the OTCQB-Venture Market under the symbol "INEOF".
For more information please visit: www.ineosolutionsinc.com.
Neither the 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.
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SOURCE INEO Tech Corp. | https://www.kxii.com/prnewswire/2022/04/12/ineo-participate-upcoming-investor-retail-industry-conferences/ | 2022-04-12T12:07:21Z |
Indiana lawmakers enact trans sports ban with veto override
INDIANAPOLIS (AP) - Republican lawmakers in Indiana voted Tuesday to override the GOP governor’s veto of a bill banning transgender females from competing in girls school sports and join about more than a dozen other states adopting similar laws in the past two years.
State senators voted 32-15 in favor of overriding Gov. Eric Holcomb following the same action in a 67-28 vote by the House earlier in the day. Holcomb had said in his veto message that bill did not provide a consistent policy for what he called “fairness in K-12 sports” when he unexpectedly vetoed it in March.
The override votes were nearly party line and no lawmakers changed their votes from earlier this year. Four Republican senators joined all Democratic senators in voting to uphold the veto. In the House, three Republicans voted to sustain the veto, while one Democrat supported overriding it.
Opponents have argued the bill is a bigoted response to a problem that doesn’t exist. The American Civil Liberties Union of Indiana filed a lawsuit minutes following the override in hopes of blocking the law from taking effect as scheduled on July 1.
The lawsuit was filed on behalf of a 10-year-old girl who plays on her school’s all-girls softball team in Indianapolis. The new law would deny the fourth-grader the right to rejoin her team because she is a transgender girl, which is a violation of Title IX and the U.S. Constitution, according to the complaint.
Holcomb said in a statement following the override that his “position hasn’t changed.”
“There remains zero cases and the process, which is managed by the (Indiana High School Athletic Association), is working. I stand behind my decision to veto HB 1041,” he said.
Republican sponsors of the bill maintain it is needed to protect the integrity of female sports and opportunities for girls to gain college athletic scholarships but have pointed out no instances in the state of girls being outperformed by transgender athletes.
“(This measure) does not solve an issue. It does not bring people together. It does not benefit our state in any way,” Democratic Sen. J.D. Ford of Indianapolis said shortly before the Senate vote. “Why do you press upon the government to solve this issue, which there is no issue?”
Republican Senate President Pro Tem Rodric Bray said the state needs the policy and called it “a matter of simple fairness.”
“We don’t like to get to the state of Indiana sued, but it happens from time to time,” Bray said. “It’s a policy that I think we can stand behind.”
The veto override votes came during a special one-day meeting 11 weeks after this year’s regular legislative session ended. Democrats had called for lawmakers to take action, instead, on a proposal to suspend the state’s 56 cents per gallon in taxes on gasoline amid the nationwide spike in fuel prices. Republicans disregarded that request.
House Democratic Leader Phil GiaQuinta of Fort Wayne lamented that Republicans focused on divisive cultural issues that “won’t do anything to help move the state of Indiana forward.”
“Certainly, we have some pressing issues out there that are affecting Hoosiers every day, specifically, including the high price of gasoline that we’re seeing all over the state,” GiaQuinta said. “Wish we could have potentially used this day to better help Hoosiers.”
Activists held a rally against the ban ahead of the Legislature’s votes. Dozens of attendees, including several families with transgender youth, played sidewalk games around the Statehouse lawn. They argued that Indiana’s ban isn’t targeting elite athletes, but rather kids who want to play on a team with their friends.
“We’re here to stand against hate and discrimination that could have a lifelong impact for my family,” said Cara Nimskey, the mother of a transgender girl from Bloomington. “My daughter dreams of playing basketball in high school. It’s unfair exclusion — she’ll be crushed if this goes through.”
Holcomb’s veto came a day before Republican Utah Gov. Spencer Cox vetoed a similar ban on grounds that such laws target vulnerable children who are already at high risk of suicide. Utah’s Republican lawmakers overrode the veto days later amid a wave of such laws that political observers describe as a classic “wedge issue” to motivate conservative supporters.
In his veto letter, Holcomb pointed to the IHSAA, which has a policy covering transgender students wanting to play sports that match their gender identity and has said it has had no transgender girls finalize a request to play on a female team. The law wouldn’t prevent students who identify as female or transgender males from playing on boys sports teams.
Holcomb said in his veto message the bill presumed “there is an existing problem in K-12 sports in Indiana that requires further state government intervention” but that he found no evidence to support that claim “even if I support the effort overall.”
___
Associated Press writer Tom Davies contributed to this report.
___
Casey Smith is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Smith on Twitter.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/25/indiana-lawmakers-enact-trans-sports-ban-with-veto-override/ | 2022-05-25T07:37:12Z |
PITTSBURGH, Aug. 15, 2022 /PRNewswire/ -- "I thought there should be a way to stabilize yourself on a grab bar from any position in the shower," said an inventor, from Fort Mill, S.C., "so I invented the FULL WIDTH SHOWER GRAB BAR. My grab bar design increases comfort, balance and safety without restricting the user to one small area of the shower."
The patent-pending invention provides an improved grab bar for use in the shower. In doing so, it offers an effective alternative to traditional short grab bar options. As a result, it helps to prevent slips and falls and it enhances safety and convenience. The invention features a unique and versatile design that is easy to position and use on any wall surface and wherever it is most comfortable so it is ideal for elderly individuals, individuals with disabilities and others who wish to prevent slips and falls in the shower or for those who have balance issues. It also does not require permanent mounting but can be if so desired. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Charlotte sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CNC-810, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/08/15/inventhelp-inventor-develops-improved-grab-bar-showers-cnc-810/ | 2022-08-15T17:21:37Z |
Ohio woman arrested after randomly shooting man at intersection
SPRINGDALE, Ohio (WXIX/Gray News) - A woman was arrested the day after she shot a man waiting at a stoplight in an unprovoked attack, Springdale police announced Thursday.
Ashley Copeland, 35, is facing multiple felony charges, including felonious assault in connection with the shooting.
While in her SUV, Copeland allegedly shot at another vehicle near the intersection of Chesterdale and East Kemper roads, police said on Wednesday.
The shooting was random, with no interaction between the suspect and victim happening prior to the shooting, police explained.
“We were on the way to Walmart, and there was a stop sign, and we were waiting there,” recalled the victim, Alex Mendez. “We were just talking in the car. Then a woman pulled out of nowhere.”
The victim stopped southbound on Chesterdale just north of Kemper in the left turning lane around 10:45 a.m. when the woman, later identified as Copeland, pulled up along the right side of his vehicle, according to Officer Keenan Riordan with the Springdale Police Department.
Officer Riordan says the woman fired one shot through the passenger window of her SUV, hitting the man in the arm. The man was taken to UC West Chester to be treated and is expected to make a full recovery.
Copeland drove off after the shooting.
Early Thursday, a Springdale officer was on patrol when she spotted a woman and an SUV matching the description from Wednesday’s shooting.
The officer pulled the vehicle over, called for backup, and once she approached the vehicle, she saw a gun sitting on Copeland’s lap, police said.
Copeland surrendered willfully and was then taken to the police department to be interviewed.
She confessed to the unprovoked shooting in Springdale and admitted to another shooting that happened Monday in Sharonville, according to police.
The shooting in Sharonville was random, just like the one in Springdale, police explained.
Copeland shot at a vehicle in Sharonville but no one was hit by the gunfire, police said.
She will be charged in connection with Monday’s shooting in Sharonville, per Springdale police.
Copyright 2022 WXIX via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/07/15/ohio-woman-arrested-after-randomly-shooting-man-intersection/ | 2022-07-15T04:35:00Z |
Wpromote named one of Inc.'s best workplaces in the Extra Large Business category.
EL SEGUNDO, Calif., May 10, 2022 /PRNewswire/ -- Wpromote earned a place on Inc. magazine's annual Best Workplaces list for the fourth time, following up 2022 wins as a Best Place to Work in both Ad Age and Glassdoor. The Inc. list features the highest-scoring American companies across multiple industries, identifying businesses that are creating exceptional workplaces and company culture.
Wpromote's focus on upending standard practices in the agency world that deprioritized employee well-being has resulted in significant talent acquisition gains for the business, which has expanded to 750+ employees in the past year. That has corresponded with substantial business growth overall; Wpromote was also recently named Adweek's Fastest Growing Digital Agency and Campaign's Digital Innovation Agency of the Year.
After collecting data from thousands of submissions, Inc. selected 475 honorees this year. Each company that was nominated took part in an employee survey, conducted by Quantum Workplace, which included topics such as management effectiveness, perks, fostering employee growth, and overall company culture. The organization's benefits were also audited to determine overall score and ranking.
Mike Mothner, CEO and Founder of Wpromote, points out that "every agency is asking the age-old question: what can we do to make our clients successful? Where we differentiate ourselves from the competition is the answer: by making sure our people are fully supported, positioned to keep growing, and excited to take risks. That's how we build tech solutions, decide on new services, and build our workplace. What's best for our people is best for our partners."
"Not long ago, the term 'best workplace' would have conjured up images of open-office designs with stocked snack fridges," says Inc. editor-in-chief Scott Omelianuk. "Yet given the widespread adoption of remote work, the concept of the workplace has shifted. This year, Inc. has recognized the organizations dedicated to redefining and enriching the workplace in the face of the pandemic."
About Wpromote
Wpromote is a digital marketing agency that helps our clients Think Like A Challenger: from enterprise brands to fast-growing digital disruptors, we believe that the right marketing strategy can help every business connect with customers. We combine best-in-class expertise and proprietary technology to drive profitable growth for leading brands like Whirlpool, TransUnion, Zenni, Adobe, and Frontier Airlines. For additional information, visit http://www.wpromote.com.
Contact: Jessica Brunner, jessica.brunner@wpromote.com, (310)321-4434
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. For more information, visit www.inc.com.
About Quantum Workplace
Quantum Workplace, based in Omaha, Nebraska, is an HR technology company that serves organizations through employee-engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit QuantumWorkplace.com.
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SOURCE Wpromote | https://www.wibw.com/prnewswire/2022/05/11/wpromote-continues-2022-workplace-awards-run-adds-win-inc-magazine-best-places-work-2022/ | 2022-05-11T05:38:23Z |
Uniondale location expands to 37,000 square feet with new physical therapy center, additional MRI suite and new doctor offices
UNIONDALE, N.Y., April 25, 2022 /PRNewswire/ -- Hospital for Special Surgery (HSS), the world's top-ranked health system specialized in orthopedic care, marked a major expansion and renovation of its Uniondale location with a ribbon-cutting ceremony last week. In response to high demand from patients on Long Island, close to 18,000 square feet were added, nearly doubling the facility size to 37,000 square feet. In addition to new physician suites and exam rooms, the location now has a second MRI and a new state-of-the-art physical therapy center.
"At HSS we recognize our responsibility to not only provide the highest quality, most reliable musculoskeletal care, but also to make that care more accessible to more people and this expansion is a demonstration of both," said Bryan Kelly, MD, surgeon-in-chief and medical director. "HSS came to Uniondale more than two decades ago, and since then the response has grown steadily as the community has come to appreciate that quality varies a lot from one provider to another, and that difference matters in helping get people back to what they need and love to do."
Specialized since its founding in 1863, HSS is ranked #1 in orthopedics worldwide by Newsweek and nationwide by U.S. News & World Report. It maintains the lowest rates in the nation for complications and readmissions related to orthopedics, and among the lowest infection rates. HSS is also ranked the top hospital in the northeast U.S. for Rheumatology and the best pediatric orthopedic hospital in NY, NJ and CT, according to U.S. News. HSS is the first hospital in New York State and among less than one half of one percent of hospitals nationwide to earn Magnet Recognition for Excellence in Nursing Service from the American Nurses Credentialing Center, the profession's highest honor, five consecutive times.
HSS opened its Long Island location in the upscale Omni Building on Earle Ovington Boulevard off Hempstead Turnpike back in 2000. At that time, there were six physicians. Over the years, HSS has steadily added to its space and expanded services to meet patient demand.
Currently, 32 highly specialized physicians offer care in sports medicine (surgical and nonsurgical), arthritis and joint replacement surgery, foot and ankle, hand and upper extremity, pain management, pediatric orthopedics, physiatry and spinal care. They are the same physicians who see patients at the main campus in Manhattan.
"The reputation of Hospital for Special Surgery, combined with the convenience of a central Nassau County location, have made the Uniondale office a highly attractive venue for Long Island residents from as far away as the Hamptons seeking high-quality orthopedic care," said Mark Drakos, MD, medical director of HSS Long Island. "Patients scheduled for orthopedic surgery have the convenience of pre-operative visits and post-operative care on Long Island. Our new rehab facility staffed by HSS physical therapists will further enhance patient care."
The latest Long Island expansion is the largest to date and includes a new, state-of-the-art physical therapy center staffed by HSS physical therapists, who are required to meet specific standards set only by HSS. A second MRI suite will provide added convenience for Long Island patients who require advanced diagnostic imaging designed only for musculoskeletal patients, with results interpreted by Board certified specialist radiologists.
The location has three x-ray suites and a special procedures unit for pain management treatments. The specially equipped, sterile facility enables doctors to use advanced techniques to manage back and joint pain.
"HSS has a long-standing commitment to serving the Long Island community. This newly renovated space allows HSS clinicians to provide more patients with excellent, comprehensive musculoskeletal care," said Justin Oppenheimer, chief operating officer and chief strategy officer at HSS. "The care you will receive at HSS Long Island will be synonymous with the highest caliber of care HSS is known for in New York City and across all of our locations."
HSS orthopedic specialists serve as team doctors for the Long Island Nets, New York Mets, Long Island Ducks, New York Giants, New York Liberty, New York Knicks and other professional sports teams.
The central Nassau County location is easily accessible from major parkways. Popular venues in the vicinity include the Nassau Coliseum, Roosevelt Field Mall and Eisenhower Park.
To learn more about HSS and HSS Long Island: www.hss.edu or www.hss.edu/longisland.
About HSS
HSS is the world's leading academic medical center focused on musculoskeletal health. At its core is Hospital for Special Surgery, nationally ranked No. 1 in orthopedics (for the 12th consecutive year), No. 4 in rheumatology by U.S. News & World Report (2021-2022), and the best pediatric orthopedic hospital in NY, NJ and CT by U.S. News & World Report "Best Children's Hospitals" list (2021-2022). In a survey of medical professionals in more than 20 countries by Newsweek, HSS is ranked world #1 in orthopedics for a second consecutive year (2022). Founded in 1863, the Hospital has the lowest complication and readmission rates in the nation for orthopedics, and among the lowest infection rates. HSS was the first in New York State to receive Magnet Recognition for Excellence in Nursing Service from the American Nurses Credentialing Center five consecutive times. An affiliate of Weill Cornell Medical College, HSS has a main campus in New York City and facilities in New Jersey, Connecticut and in the Long Island and Westchester County regions of New York State, as well as in Florida. In addition to patient care, HSS leads the field in research, innovation and education. The HSS Research Institute comprises 20 laboratories and 300 staff members focused on leading the advancement of musculoskeletal health through prevention of degeneration, tissue repair and tissue regeneration. The HSS Innovation Institute works to realize the potential of new drugs, therapeutics and devices. The HSS Education Institute is a trusted leader in advancing musculoskeletal knowledge and research for physicians, nurses, allied health professionals, academic trainees, and consumers in more than 145 countries. The institution is collaborating with medical centers and other organizations to advance the quality and value of musculoskeletal care and to make world-class HSS care more widely accessible nationally and internationally. www.hss.edu.
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SOURCE Hospital for Special Surgery | https://www.wibw.com/prnewswire/2022/04/25/hospital-special-surgery-hss-opens-major-expansion-long-island/ | 2022-04-25T15:08:05Z |
ALBANY – During previous surges in COVID-19 Dougherty County was forced to request mobile morgues from the state to store bodies. While deaths related to the novel coronavirus have plummeted in recent months, bodies are still sometimes stacked up.
Dougherty County Coroner Michael Fowler, for instance, has at times enlisted local funeral homes to store an excess of bodies.
So if it’s not COVID, what gives?
Basically, the decline in viral deaths has not been matched with a drop in deaths from drug overdoses, primarily opioids.
In 2019, drug overdoses, two-thirds of which were opioid-related, accounted for some 70,000 deaths nationwide and 1,408 in Georgia, 13.1 of every 100,000 deaths in the state, according to the U.S. Centers for Disease Control and Prevention.
After COVID hit, overdose cases and deaths jumped dramatically and violent crime also exploded during the early part of the pandemic.
For local coroners, the shortage of medical examiners at the Georgia Bureau of Investigation has resulted in autopsy delays. Coroners seek examinations in cases of homicide, where drug use is suspected or when the cause of death is unknown.
With the state agency short on forensic pathologists, the bodies frequently must remain in the county where the death occurred until space is available, and the wait for examination results can take days, and for toxicology results, several months.
“It’s two weeks for some, two weeks before they get to it,” Fowler said. “Most times you call, they’ve got eight or 10 cases ahead of your case. They want us to hold the bodies in our morgue until they have a table available. For toxicology, sometimes you’re waiting 60 or 90 days.”
The closest laboratory available, in Macon, does not currently have a full-time forensic pathologist, Fowler said, but sends staff down from Atlanta two or three days a week to fill in. At times the coroner has stored bodies of adults on equipment designed for children and sent some to local mortuaries.
The delay can mean waiting for a cause of death in a homicide case or for grieving families wanting answers.
“A lot of times they want to know what happened to their loved one,” Fowler said. “They can’t make arrangements until we know when the body is coming back.”
The shortage of medical examiners is not one that affects only Georgia but is instead a nationwide issue, the GBI said in an email response to The Albany Herald.
“The shortage of full-time medical examiners is contributing to the GBI Medical Examiner’s Office’s current backlog,” the agency said in the email. “Additionally, the surge in opioid overdose deaths has also had a significant impact on our caseload.
“We have a short- to medium-term strategy to address the current backlog, but unfortunately, we are experiencing the effects of the nationwide shortage of medical examiners in a state with continually large population growth.”
The agency has an in-house training program, with two current trainees enrolled, and is advertising on its website seeking to make new hires.
The wait can be hard on families when the cause of death is unknown, Colquitt County Coroner Vernly Brock said.
“It’s tough,” he said. “Families don’t have any closure at that point. They’re just held in limbo until we can get some concrete evidence back to them, something in writing.”
Like Fowler, Brock is testing bodies in cases where COVID is suspected as the cause of death.
The GBI suspended testing for COVID early in the pandemic, but families still need to know because of federal burial benefits they can receive, the coroner said. And funeral directors need to know about COVID deaths.
“Embalmers need to know for dealing with the body,” Brock said. “They need to know so they can protect themselves.”
The best action for funeral home personnel is to use protective equipment and practices for every body in case the deceased had an undetected case of COVID-19 or some other infection, Fowler said. | https://www.albanyherald.com/news/bodies-still-stacking-up-in-dougherty-county-due-to-drug-overdose-deaths-gbi-staff-shortage/article_bc3d4f88-15b6-11ed-b2c6-b7211e80e848.html | 2022-08-06T20:12:53Z |
The parents of a third-grade transgender child in Tennessee filed a lawsuit in federal court this week, challenging a state law that prohibits transgender students, employees, and teachers from access to the bathroom, locker rooms and other sex-segregated facilities consistent with their gender identity.
The lawsuit was filed against the Williamson County Board of Education, and the Tennessee Department of Education in the District Court for the Middle District of Tennessee.
According to the lawsuit, the plaintiff identified as D.H. is a transgender girl who started third grade this week. D.H. was assigned male at birth and since age six has identified as a girl.
According to the lawsuit, the parents approached their child's school to discuss the transition. "When A.H. and E.H. met with the Elementary School about how to support D.H. in her social transitioning, the Elementary School initially agreed to use "she/her" pronouns, but did not want to make a public announcement to students," the lawsuit states.
After the discussion, the 2021 School Facilities Law was signed by Tennessee Gov. Bill Lee, a Republican, and went into effect.
Under Tennessee's bathroom law, a person can seek monetary damages if school officials allow a transgender person into a bathroom or locker room that does not correspond with their gender assigned at birth when others are present. The law also allows them to sue if they are required to stay in the same sleeping quarters with someone assigned the opposite gender at birth who is not a family member.
"At that time, D.H.'s parents made multiple attempts to speak with various school administrators about D.H.'s transition and how the Elementary School could best support D.H. By that time, however, the Elementary School administration could not provide D.H. with the support she needed to complete her social transition as the School Facilities Law had come into full effect, preventing D.H. from using the restrooms corresponding with her gender identity, unlike the rest of her non-transgender classmates," the lawsuit states.
After the law was enacted, D.H.'s school accommodated the child by letting her use one of four single-occupancy restrooms, which the lawsuit claims "reinforce the differential treatment" of D.H.
"By singling out transgender students for disfavored treatment and explicitly writing discrimination against transgender people into State law, the School Facilities Law violates the most basic guarantees of equal protection under the U.S. Constitution and Title IX of the Education Amendments of 1972," the suit claims.
The defendants are named as Williamson County Board of Education; Jason Golden, director of Williamson County Schools; the Tennessee Department of Education and Penny Schwinn, Commissioner of the Tennessee Department of Education.
CNN has reached out to the attorneys representing D.H. and her parents.
CNN has also reached out to Williamson County Schools and the Tennessee Department of Education whose spokespeople declined to comment on pending litigation. CNN has not received comment from its requests to all members of the Williamson County School Board, County Schools Director Jason Golden, or state education director Penny Schwinn.
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First CX Express Program Offers Mystery Shopping for Restaurants, Retail, Hospitality & More!
ATLANTA, Aug. 10, 2022 /PRNewswire/ -- Market Force Information announced that they are making their world-class large-scale retail customer experience programs available to businesses through the CX Express Shop: an online store for companies looking to launch a customer experience program.
Market Force Information is leveraging their broad experience, infrastructure, and 400,000+ expert mystery shoppers to offer strategic insights to businesses through the CX Express Shop: a simple online shopping cart process to purchase mystery shopping services.
The CX Express Mystery Shopping program was designed with the knowledge and experience Market Force has developed delivering mystery shopping for some of the world's largest brands. Market Force's trained and certified mystery shoppers can shop online or in person across the United States to uncover opportunities across a wide array of digital and real-world customer journeys.
"We're proud to introduce an off-the-shelf program that can be optimized for restaurants, retailers, and many other consumer-facing businesses," says Scott Griffith, Market Force's Chief Marketing and Strategy Officer.
A CX Express Mystery Shopping subscription can be purchased online at www.marketforce.com/cxexpress. Businesses will be asked to select how often they want a mystery shop, how much they want to reimburse shoppers, what industry they're in, and the number of locations they want shopped.
After purchase, businesses receive a welcome email with an Excel template to fill out to get their program up and running. Two weeks after Market Force has received the approved forms, clients can expect to receive reports and results from their shopping program.
Mystery shopping provides brands with an objective evaluation of store performance. Mystery shopping reports help businesses gain insights into how to prioritize their resources, drive customer satisfaction, and adjust their services to get the best return on investment.
Market Force Information provides a robust framework for measuring and improving employee experience, operational performance, customer experience, and financial KPI's. Market Force delivers solutions for restaurants, big box and specialty retail, grocery, petro-convenience, hospitality, travel, telecom, technology, energy, education, health and wellness, movie studios and theatres, fitness, financial services, gaming, CPG, alcohol and tobacco, pharma, government agencies and more.
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SOURCE Market Force Information | https://www.mysuncoast.com/prnewswire/2022/08/10/market-force-introduces-online-store-instant-customer-experience-programs/ | 2022-08-10T14:06:15Z |
Therapy Brands is pleased to expand its Applied Behavioral Health Advisory Board
BIRMINGHAM, Ala., April 20, 2022 /PRNewswire/ -- Therapy Brands is thrilled to announce the appointment of two new members to its Applied Behavioral Health (ABA) advisory board. Rebecca Urbano Powell, MA, BCBA, Executive Director at Seven Dimensions Behavioral Health in Evergreen, Colorado, and Dan Cross, Chief Financial Officer at 360 Behavioral Health in Chatsworth, California, join the board effective immediately.
Rebecca is an experienced executive and clinical director, and healthcare services professional focused on the mental health industry. Her areas of expertise include empathetically supporting interfering behaviors across all settings, ABA, behavior management, child development, leadership and mentorship, and care coordination and collaboration. Dan is a financial and operational leader in the behavioral health industry with a demonstrated ability to drive successful financial performance through strategic and operational enhancements, enabling organic growth and successful acquisitions.
As advisory board members, Rebecca and Dan will be part of a team of industry experts that help Therapy Brands continue to strengthen value for ABA practitioners. Specifically, the ABA advisory board recommends product and service initiatives, and bolster strategies that advance Therapy Brands' ABA product offerings including WebABA, Accupoint, CodeMetro, and Catalyst. The board also advises on emerging trends in the industry to enable Therapy Brands to best support ABA practitioners' needs now and in the future.
"I am very passionate about supporting individualized ABA services for all ages and diagnoses. As a board member for Therapy Brands' ABA advisory board, I will be able to support growth and alignment to meet the needs of ABA practitioners," says Rebecca Urbano Powell, MA, BCBA, Executive Director, Seven Dimensions Behavioral Health.
"Rebecca and Dan will have early visibility into key strategic decisions, challenges, and opportunities within our ABA solutions. We are grateful to have their expertise and dedication," says Nick Padula, Executive Vice President, ABA segment, Therapy Brands.
About Therapy Brands
Therapy Brands is the leading healthcare IT partner for mental, behavioral, and rehabilitative therapy. Our purpose-built practice management, revenue and data solutions drive exceptional clinical and financial outcomes. Therapy Brands is the trusted partner of thousands of therapy practices who rely on our solutions to simplify their administration, improve revenue, and enable them to focus on patient care. (www.therapybrands.com)
Media Contact
Maxanna Bennett
Maxanna.Bennett@therapybrands.com
Related Links
Therapy Brands
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SOURCE Therapy Brands | https://www.wibw.com/prnewswire/2022/04/20/therapy-brands-welcomes-advisory-board-members/ | 2022-04-20T15:52:12Z |
Portfolio presence in key markets continues to attract growing brands with four expanding retailers opening ten stores
PHILADELPHIA, July 19, 2022 /PRNewswire/ -- PREIT (NYSE: PEI), today announced that a list of growing retailers are set to join the lineup at key properties in dynamic markets.
Part of the allure of PREIT's portfolio is its presence in and around the Philadelphia and Washington DC suburban markets as well as its "Winner Take All" properties in smaller markets that have eliminated local competition. As tenants expand their brick-and-mortar presence, densely populated East Coast markets are attractive for gaining market share. At the same time, bringing new tenants to markets enhances repeat visits from customers seeking an evolving fresh tenant mix.
PREIT has a history of bringing new tenants to these key markets. Among the new tenants it has attracted for their first locations in the Philadelphia suburbs are: Legoland Discovery Center at Plymouth Meeting Mall, HomeSense at Moorestown Mall, Zara's first suburban Philadelphia location and A|X's only market location at Cherry Hill Mall, one of two Bloomingdale's stores in the market and the only Tilted 10 family entertainment experience at Willow Grove Park (opening Fall 2022).
Today PREIT highlights three retailers choosing to expand within its strong portfolio.
Rose & Remington, a contemporary and affordable lifestyle brand founded by a mother-daughter duo with a goal to create a fun and vibrant atmosphere where mother and daughter can shop together, will open three new locations in PREIT's portfolio after opening its first location with PREIT at Woodland Mall last year. These stores will mark the popular retailer's foray into greater Philadelphia. The retailer is expected to open at Willow Grove Park, Capital City, and Cherry Hill Malls later this year.
Lovisa describes itself as a fashion-forward jewelry brand that caters to every woman, with 150 new styles being delivered to stores each week. The retailer opened its first store with PREIT last year at Woodland Mall, last week at Springfield Town Center and is expected to open another location at Capital City Mall this fall.
BoxLunch, a division of Hot Topic, is a civic-minded specialty retailer offering a curated collection of licensed and non-licensed merchandise. The retailer will open new stores throughout PREITs portfolio at Capital City Mall, Patrick Henry Mall and Springfield Town Center this summer and Willow Grove Park this fall.
"As we look forward to welcoming new Rose & Remington, BoxLunch, Lovisa and Tilt locations throughout our footprint, it is clear that our presence in top markets in the densely populated mid-Atlantic provides PREIT with an opportunity to attract top tenants to our entire portfolio leveraging our strong portfolio allowing for synergistic regional retailer rollouts," said Joseph F. Coradino, Chairman and CEO of PREIT. "As we continue to strengthen our portfolio with additional dining, entertainment, apartments, hotels and fitness options, our tenants should benefit from improved sales and traffic and our investors should benefit from improving valuations in a one-of-a-kind setting with everything our customers need."
About PREIT
PREIT (NYSE: PEI) is a publicly traded real estate investment trust that owns and manages innovative properties developed to be thoughtful, community-centric hubs. PREIT's robust portfolio of carefully curated, ever-evolving properties generates success for its tenants and meaningful impact for the communities it serves by keenly focusing on five core areas of established and emerging opportunity: multi-family & hotel, health & tech, retail, essentials & grocery and experiential. Located primarily in densely-populated regions, PREIT is a top operator of high quality, purposeful places that serve as one-stop destinations for customers to shop, dine, play and stay. Additional information is available at www.preit.com or on Twitter, Instagram or LinkedIn.
Forward Looking Statements
This press release contains certain forward-looking statements that can be identified by the use of words such as "anticipate," "believe," "estimate," "expect," "project," "intend," "may" or similar expressions. Forward-looking statements relate to expectations, beliefs, projections, future plans, strategies, anticipated events, trends and other matters that are not historical facts. These forward-looking statements reflect our current expectations and assumptions regarding our business, the economy and other future events and conditions and are based on currently available financial, economic and competitive data and our current business plans. Actual results could vary materially depending on risks, uncertainties and changes in circumstances that may affect our operations, markets, services, prices and other factors as discussed in the Risk Factors section of our other filings with the Securities and Exchange Commission. While we believe our assumptions are reasonable, we caution you against relying on any forward-looking statements as it is very difficult to predict the impact of known factors, and it is impossible for us to anticipate all factors that could affect our actual results. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the effectiveness of our financial restructuring and any additional strategies that we may employ to address our liquidity and capital resources in the future; our ability to achieve forecasted revenue and pro forma leverage ratio and generate free cash flow to further reduce indebtedness; the COVID-19 global pandemic and the public health and governmental response, which have created periods of significant economic disruption and also have and may continue to exacerbate many of the risks listed herein; changes in the retail and real estate industries, including bankruptcies, consolidation and store closings, particularly among anchor tenants; changes in economic conditions, including unemployment rates and its effects on consumer confidence and spending, supply chain challenges, the current inflationary environment, and the corresponding effects on tenant business performance, prospects, solvency and leasing decisions; our inability to collect rent due to the bankruptcy or insolvency of tenants or otherwise; our ability to maintain and increase property occupancy, sales and rental rates; increases in operating costs that cannot be passed on to tenants, which may be exacerbated in the current inflationary environment; the effects of online shopping and other uses of technology on our retail tenants; risks related to our development and redevelopment activities, including delays, cost overruns and our inability to reach projected occupancy or rental rates; social unrest and acts of vandalism or violence at malls, including our properties, or at other similar spaces, and the potential effect on traffic and sales; our ability to sell properties that we seek to dispose of, which may be delayed by, among other things, the failure to obtain zoning, occupancy and other governmental approvals and permits or, to the extent required, approvals of other third parties; potential losses on impairment of certain long-lived assets, such as real estate, including losses that we might be required to record in connection with any disposition of assets; our substantial debt and our ability to remain in compliance with our financial covenants under our debt facilities; our ability to raise capital, including through sales of properties or interests in properties, subject to the terms of our credit agreements; and potential dilution from any capital raising transactions or other equity issuances.
Additional factors that might cause future events, achievements or results to differ materially from those expressed or implied by our forward-looking statements include those discussed herein, and in the sections entitled "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2021. We do not intend to update or revise any forward-looking statements to reflect new information, future events or otherwise.
Contact:
Heather Crowell
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SOURCE PREIT | https://www.wibw.com/prnewswire/2022/07/19/preit-delivers-expanding-retailers-new-markets/ | 2022-07-19T12:10:49Z |
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Humanigen, Inc. (NASDAQ: HGEN) alleging that the Company violated federal securities laws.
Class Period: May 28, 2021 to July 12, 2022
Lead Plaintiff Deadline: October 25, 2022
No obligation or cost to you.
Learn more about your recoverable losses in HGEN:
https://www.kleinstocklaw.com/pslra-1/humanigen-inc-class-action-loss-submission-form?id=31356&from=4
CLASS ACTION CASE DETAILS: The filed complaint alleges that Humanigen, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Humanigen's lead product candidate, lenzilumab, was less effective in treating hospitalized COVID-19 patients than defendants had represented; (ii) as a result, the U.S. Food and Drug Administration was unlikely to approve the lenzilumab Emergency Use Authorization and the ACTIV-5/BET-B study was unlikely to meet its primary endpoint; (iii) accordingly, lenzilumab's clinical and commercial prospects were overstated; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Humanigen you have until October 25, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Humanigen securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the HGEN lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/humanigen-inc-class-action-loss-submission-form?id=31356&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.mysuncoast.com/prnewswire/2022/09/06/hgen-alert-klein-law-firm-announces-lead-plaintiff-deadline-october-25-2022-class-action-filed-behalf-humanigen-inc-shareholders/ | 2022-09-06T17:37:49Z |
Michigan governor sues to secure abortion rights, vacate ban
LANSING, Mich. (AP) — Gov. Gretchen Whitmer filed a lawsuit Thursday asking a Michigan court to recognize the right to get an abortion under the state constitution and to overturn a 176-year-old ban in the state that might take effect again if the U.S. Supreme Court’s landmark Roe v. Wade ruling is vacated.
The Democratic governor’s preemptive lawsuit, which was filed in Oakland County against prosecutors in 13 counties with an abortion clinic, came as the Supreme Court’s conservative majority considers allowing states to ban abortion much earlier in a pregnancy and potentially overturning the right. Planned Parenthood of Michigan and its chief medical officer filed a similar lawsuit in the state Court of Claims to block enforcement of the 1931 law, which dates to an 1846 ban.
Whitmer, who is up for reelection this year, asked the Michigan Supreme Court to quickly take up her case rather than let it wind through lower trial and appellate courts. A favorable decision could enable abortions to continue in Michigan after the federal high court rules.
“It was important for us to take action now, to ensure that women and providers across the state of Michigan know whether abortions will still be available in the state because it impacts their lives and our health care providers’ practices. It’s crucial that we take this action now to secure and ensure that the Michigan Constitution protects this right that we have had available for 49 years,” Whitmer told The Associated Press, saying nearly 2.2 million women may lose access to a safe, legal medical procedure.
Michigan is among eight states with an unenforced abortion ban that was enacted before the 1973 Roe decision legalized abortion nationwide. The law makes it a felony to use an instrument or administer any substance with the intent “to procure the miscarriage” of a woman unless necessary to preserve her life.
Whitmer wants the Michigan Supreme Court to declare a state constitutional right to abortion and to strike down the law, which could go back into effect if Roe is overturned or weakened. The lawsuit argues the law is invalid under the due process and equal protection clauses of the state constitution.
Michigan may soon be left with a near-total ban without even exceptions for rape and incest — “one of the most extreme laws in the country,” the governor told the AP. Her call to repeal the law has gone nowhere in the Republican-controlled Legislature.
The state’s high court has four Democratic and three Republican justices.
Whitmer asked that the court intervene in part to avoid legal uncertainty when the federal high court issues its ruling on Mississippi’s ban on abortions after 15 weeks of pregnancy. Should Roe be overruled or curtailed, she wrote, “health care providers may feel constrained to restrict access to abortion services to avoid potential criminal liability.”
The complaint says that although the Michigan Supreme Court in 1973 ruled that Roe limited the effect of the state ban, the right to abortion has been undermined over 50 years of litigation in federal courts. The state’s high court has not said whether the state constitution protects the right. The Michigan Court of Appeals ruled in 1997 that there is no state constitutional right to abortion — one reason the Supreme Court should step in immediately because that 25-year-old ruling is binding on lower courts, according to Whitmer.
The lawsuit points to “substantial ambiguity” about what the state ban prohibits.
Whitmer was criticized by groups that oppose abortion rights. Right to Life of Michigan President Barbara Listing called the suit “frivolous.”
“While the legality of abortion is contingent upon democratic structures, it is unfortunate that the judicial branch is being used to try to invalidate a long-standing policy approved by elected representatives and left untouched by the Legislature for nearly a century since,” said Rebecca Mastee, a policy advocate at the Michigan Catholic Conference.
States on both sides of the abortion issue have been taking various steps to prepare for Roe being eroded or rescinded, including making it a crime to perform an abortion and banning legal action against people who aid or receive an abortion.
In Michigan, advocates have launched a ballot drive to enshrine abortion rights in the state constitution, but they will need about 425,000 voter signatures to get the initiative on the November ballot. Abortion rights proponents in Nebraska scored a surprising victory this week by derailing a bill that would have automatically outlawed abortion if Roe is overturned.
Also Thursday, seven Democratic county prosecutors who were named in Whitmer’s lawsuit pledged to not enforce the anti-abortion law in Wayne, Oakland, Genesee, Washtenaw, Ingham, Kalamazoo and Marquette counties. The other six elected prosecutors who were sued are Republicans.
The defendant in the Planned Parenthood case is Michigan Attorney General Dana Nessel, a Democrat who has long said she would not enforce the ban. She said her office will not defend the law unless it is ordered to by a court. Other parties that support the law can seek to intervene, she said.
“I didn’t become attorney general so that I could head an office that put women in a position in which some of them will likely die,” Nessel said.
___
Associated Press writer Corey Williams in West Bloomfield, Michigan, and video journalist Sharon Johnson in Atlanta contributed to this report.
___
Follow David Eggert at https://twitter.com/DavidEggert00
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/07/michigan-governor-sues-secure-abortion-rights-vacate-ban/ | 2022-04-08T01:26:37Z |
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