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Foundation Results Build Stroke Awareness and Inspire Stroke Survivors and Families
LOS GATOS, Calif., June 15, 2022 /PRNewswire/ -- Champion the Challenges, a nonprofit foundation committed to reimagining stroke rehabilitation, has issued a progress report on its first year of accomplishments since Deb and Bob Shaw co-founded the nonprofit in May 2021.
Deb Shaw survived three strokes from September 2016 to May 2019, during which time she spent many months recovering in Good Samaritan Hospital. Based on Deb's experiences, she and her husband Bob co-founded the stroke nonprofit 501(c)3 foundation as a way of giving back to the stroke community.
"Champion the Challenges is proud to celebrate our very eventful first year," said Deb Shaw, President of Champion the Challenges. "It has been deeply rewarding to connect with so many Bay Area stroke survivors, families, and therapists and support them with educational tools and motivational messages."
For Deb Shaw's deep commitment to the stroke community, she was recently named the "2022 Stroke Survivor Hero of the Year" by the American Stroke Association, a division of the American Heart Association.
Deb has also worked with R&D teams at public and private healthcare and technology companies, along with leading universities, to evaluate new products and solutions designed for stroke survivors. She has explored virtual reality therapies, acupuncture therapies, and hyperbaric oxygen therapies. Her feedback has helped with product evaluations, software suggestions, functionality reviews, and even the usability of packaging designs.
As a result of Deb's work with cutting-edge technologies for stroke rehabilitation, she was praised in a new book by celebrity life coach Tony Robbins. Co-written by Peter Diamandis, M.D., and Robert Hariri, M.D., PH.D., the book titled "Life Force" explores the latest advances in health technologies to help maximize energy and strength, prevent disease, and improve health.
Other First-Year Achievements for Champion the Challenges
- Educating, informing, and inspiring 750+ stroke survivors, families, and supporters by speaking to more than 30 online stroke support groups and giving in-person educational sessions for survivors and caregivers.
- Serving as Co-Chair with the Pacific Stroke Association for the annual Golf 4 Life event at Los Lagos Golf Course in San Jose, where stroke survivors and family members were introduced to adaptive golf equipment, new technologies and therapies, home healthcare services, and community support organizations.
- Other live events have included speaking to the staff at Good Samaritan Hospital-Mission Oaks Campus, and making appearances for stroke awareness fundraisers at five J. McLaughlin retail store events. Deb also was a guest speaker at the 22nd Annual Stroke Conference hosted by Pacific Stroke Association (PSA), which was attended by 250 doctors, nurses, and therapists.
- Providing over 1,000 quick-read booklets for free to local hospital stroke units or mailing them directly to stroke survivors at home.
- Receiving thousands of website visits and views of quick-read flipbooks offered on the site, along with enabling 12 stroke survivors to share their captivating stroke stories through personal articles on the website.
New Plans Underway for the Coming Year
- Champion the Challenges is planning to expand their reach in hospitals and stroke rehabilitation centers by providing free programs and access to the newest available technologies.
- The foundation is set to launch a regular email newsletter for its growing database of stroke survivors and therapists.
Champion the Challenges is a nonprofit foundation with a mission to help stroke survivors, therapists, family, and friends to reimagine stroke rehabilitation. This is a journey everyone needs to be a part of to achieve the best results. Founded in 2021, Champion the Challenges provides inspiring ideas and helpful resources for everyone to use and share.
For more information, please visit:
For media inquiries:
J. Bonasia for Champion the Challenges
Lumina Communications
champion@luminapr.com
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SOURCE Champion the Challenges | https://www.mysuncoast.com/prnewswire/2022/06/15/champion-challenges-marks-year-successful-growth-first-anniversary/ | 2022-06-15T13:54:00Z |
LONDON, June 8, 2022 /PRNewswire/ -- Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of high-quality rental housing, has forward purchased a substantial flexible accommodation portfolio of 2,500 units in Madrid, Spain, for a managed discretionary fund from King Street Real Estate GP, L.L.C ("King Street"), a leading global alternative investment firm that partnered with Greystar and Momentum REIM in 2019 to acquire three sites to be used for flexible accommodation.
The highly innovative concept will comprise three buildings located in the north and south of the Madrid metropolitan area in Rivas, San Sebastián de los Reyes and Valdebebas. They will operate under a new brand that will be unveiled at a later date, and guests will benefit from purpose-designed rooms and superior amenities including a gym, co-working space, pool, outdoor space and a dedicated concierge service. The buildings, which are currently under construction, are targeting a BREEAM rating of "Very Good."
Juan Acosta, Managing Director - Spain, Greystar, said: "The Madrid market is characterised by a significant under supply of all types of rental accommodation, including flexible and attainable solutions. The acquisition provides us with a portfolio of significant scale in this highly attractive city that will be purpose-designed and built for guests requiring a place to stay away from home."
Paul Brennan, Managing Director and Head of European Real Estate, King Street, said: "The sale of this portfolio underscores King Street's ability to successfully execute on our strategy of delivering BREEAM "Very Good" rated alternative living assets in Spain, where we still see a significant opportunity to grow given the under provision of purpose-built institutional product in the market."
King Street has committed over $4 billion of equity across 60 private real estate transactions since 2010. King Street has been investing in real estate in Spain since 2012. To date, King Street has directly and indirectly invested more than $1 billion of equity into real estate in Spain.
King Street was advised by Eastdil, Linklaters and Cuatrecasas. Greystar was advised by Jones Day, EY, Arcadis and Deloitte.
About Greystar
Greystar is a leading, fully integrated real estate company offering expertise in investment management, development, and management of rental housing properties globally. Headquartered in Charleston, South Carolina, Greystar manages and operates over $221 billion of real estate in 224 markets globally including offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages over 768,000 units/beds, and has a robust institutional investment management platform with more than $58.2 billion of assets under management, including over $24 billion of development assets. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
About King Street Capital Management
King Street is a global alternatives investment firm founded in 1995 that manages approximately $22 billion in assets across public and private markets. The firm marries rigorous fundamental research with tactical trading and differentiated sourcing capabilities to identify misunderstood and complex investment opportunities across asset classes, up and down the capital structure. For more information, please visit www.kingstreet.com.
Media Contacts
Prosek Partners for King Street
pro-kingstreet@prosek.com
Finsbury Glover Hering for Greystar
Gordon Simpson gordon.simpson@finsbury.com
James Thompson james.thompson@finsbury.com
Andrew Pantaleo andrew.pantaleo@finsbury.com
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SOURCE King Street Capital Management | https://www.kxii.com/prnewswire/2022/06/08/greystar-acquires-2500-unit-flexible-accommodation-portfolio-spain-king-street/ | 2022-06-08T07:29:37Z |
New AT&T Business Fiber or AT&T Wireless Broadband Customers to Receive Free Credit Card Processing on Up to $10K in Sales from Square.
"Smart Advice for Small Business" Webinar Series Featuring Barbara Corcoran Continues for 3rd Year and Introduces Free Weekly Education Series
DALLAS, May 4, 2022 /PRNewswire/ --
What's the news? AT&T is equipping small businesses with special offers and helpful tools to support their success as we celebrate National Small Business Week, May 1-7, 2022. We're also launching a set of events and a sweepstakes to offer small businesses expert business and technology guidance and the chance to win a $10,000 grand prize.
Why is this important? Small businesses are a top priority for us. They're not only vital to our short and long-term growth but to the growth of the economy as a whole. We strive every day to help our more than 2 million small business customers make the right choices for connectivity and technology solutions to grow their operations. From special offers to exclusive plans to free advice from experts, we're doing what we can to help this important segment succeed.
What are the new offers?
- Square: With the purchase of AT&T Business Fiber or AT&T Wireless Broadband, customers will receive waived credit card processing on up to $10K in card sales from Square. 1
- AT&T Business Mobility: Looking to add a new line? Learn how eligible customers can get up to $1,000 in bill credits. 2
How is AT&T celebrating Small Business Week?
- May 1: AT&T Business is kicked off the week with our Not Small in Spirit Sweepstakes3 to celebrate small businesses and the way they have adapted to change. The sweepstakes offers small business owners the opportunity to win a $10,000 grand prize or 1 of 10 additional $2,000 prizes and runs May 1-14, 2022. To enter, click here.
- May 2: AT&T Small Business Panel, "The Power of Adaptability" moderated by small business expert and She Ventures owner Georgina Miranda. Panelists discussed how small businesses can thrive through adapting how they connect with customers.
- May 3: AT&T Business offered a free webinar with small business expert Barry Moltz. Moltz discussed his book ChangeMasters and shared tips to help small businesses evaluate, plan for, and implement changes in this ever-evolving business landscape.
While we are celebrating many ways throughout the week, we aren't stopping there. We're continuing to work with Barbara Corcoran, founder of The Corcoran Group and notable "Shark" on ABC's Shark Tank, to extend our highly successful, free Business Unusual with Barbara Corcoran: "Smart Advice for Small Business" webinar series presented by AT&T Business into its 3rd year. The first webinar is set for:
- May 11: "Win Customers by Keeping It Simple": Join Barbara with special guests Alicia Dietsch (Senior Vice President, AT&T Business Marketing) and Levain Bakery co-founders Pam Weekes and Connie McDonald and CMO Lorna Sommerville, to discuss customers' needs for simplicity and how small businesses can adapt.
- Register at 888Barbara.com at no cost. Recordings of the webinars will be made available soon after their original air date.
In addition, small businesses can watch Barbara Corcoran share key lessons and her best tips and tricks to tackle the top issues facing every business today in her new educational video series, Business Unusual: Extra Credit with Barbara Corcoran.
What are people saying?
"We love small businesses and what they stand for: entrepreneurship, creativity and resilience. They're crucial to our local economies. That's why we have an unwavering commitment to their success. We celebrate small businesses year-round by providing them with solutions and tools to help grow their business and achieve their dreams." -- Jennifer Van Buskirk, AT&T Small Business & Mid Markets President
"These last 2 years have been tough on small businesses, but I'm amazed by the creativity and resiliency of all the small business owners who reinvented their businesses. I'm excited to team up with AT&T Business again to help entrepreneurs navigate their way to grow and succeed in the new normal." -- Barbara Corcoran, founder of The Corcoran Group & Shark Tank executive producer
"Square's ecosystem of products allows small business owners to feel like they have the resources and capabilities of a large corporation, empowering them to start, run and grow no matter the industry or complexity. Small businesses are expected to evolve more quickly than ever, and we provide sellers with solutions that allow them to adapt to any challenges or opportunities that come their way. With this AT&T partnership, we continue to offer sellers the tools to seamlessly run their business and provide the best possible experience for their customers and staff." -- Roshan Jhunja, Head of Retail, Square
For more information about our small business solutions and how we're supporting small businesses, please visit att.com/smallbiz.
*About AT&T
We help more than 100 million U.S. families, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com.
1 Square Offer: Subject to change and may be discontinued at any time. Customers who sign up for Business Fiber (50 and higher) or AT&T Wireless Broadband (any speed) are eligible to receive waived credit card processing fees on up to $10,000 in bona fide card sales from Square. Offer valid only for new Square customers with a US Square account and a US-based bank account. Offer is limited to one redemption per account holder and not valid with guest checkout. Square reserves the right to modify, revoke, or cancel the offer at any time. Offer cannot be combined with another coupon, is not redeemable for cash, and is non-transferable. Waived processing fees are reimbursed to your account on each deposit. After $10,000 in sales, Square's standard pricing will apply . Redemption: Following activation and installation of eligible Business Fiber or AT&T Wireless Broadband service, customer will be sent an email or letter with redemption details through Square. Square usage subject to terms and service at www.squareup.com/us/en/legal/general/payment
Offers may not be combined with other offers, discounts or promotions. Offer, terms, and restrictions are subject to change.
2$100 Voice Activation Bill Credit Offer: Limited time. Available only to business customers with a qual. wireless svc agreement (Business Agmt) for Corporate Responsibility User (CRU) lines of service. Req'd Wireless: Must remain on an eligible postpaid unlimited voice & data plan (min. $65/mo. on AT&T Business Unlimited Starter plan for new svc with autopay and paperless bill discounts. Pay min. $75/mo. until discounts start w/in 2 bills. Other qual. plans available. Existing customers can add to current unlimited plan if eligible, which may be less.). Eligible unlimited plans: AT&T Business Unlimited Elite, AT&T Business Unlimited Performance, Key Enterprise Unlimited with Tethering (After 50GB, AT&T may temporarily slow data speeds if the network is busy), AT&T Business Unlimited Starter Plan (AT&T may temporarily slow data speeds if the network is busy), and AT&T Business Mobile Preferred. On Unlimited plans, video may be ltd to SD. Speed, usage & other restr's apply. See att.com/bizunlimited and att.com/busmobpref for current unlimited plans. Bill Credits: Credits start w/in 3 bills. Credit will not exceed $100 and will be applied monthly as over term of the Installment plan ($2.77/mo. over 36 months; or $3.33/mo. over 30 months; or $4.17/mo. over 24 months). You will receive catch-up credits once bill credits start. Wireless line must be active & in good standing for 30 days to qualify. To get all credits, wireless line must remain active, with eligible service, and on agmt for entire term. If you cancel service, upgrade or pay up/off agmt early your credits may cease. May not be combinable w/other offers, discounts or credits. Participation in this offer may make your wireless account ineligible for select other offers (including select bill credit offers) for a 12-month period. Conversions from AT&T PREPAID and Cricket wireless are not eligible.
Promotions, terms & restr's subject to change & may be modified or terminated at any time without notice.
GEN. WIRELESS SVC: Subj. to applicable Business Agmt (see your AT&T representative for terms). Credit approval required. Deposit: May apply. Additional monthly fees & taxes: Apply per line & include Regulatory Cost Recovery Fee (Up to $1.50), Administrative Fee ($1.99) Property Tax Allotment surcharge ($0.20-$0.45) & other fees which are not government-required surcharges as well as taxes. See att.com/mobilityfees for more details. International and domestic off-net data may be at 2G speeds. AT&T service is subject to AT&T network management policies. See att.com/broadbandinfo for details.
3NO PURCHASE NECESSARY. A purchase will not increase your chances of winning. Sweepstakes begins at 12:00 PM ET on 5/1/22 and ends at 11:59:59 PM ET on 5/14/22. Open only to small business owners who are legal residents of 50 US/DC, 18+ years of age. For Official Rules, including how to enter, odds, prize details and restrictions, visit go.att.com/smallbizsweeps. Void where prohibited. Msg&data rates may apply. Sponsor: AT&T Services, Inc., 208 S. Akard St., Dallas, TX 75201.
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SOURCE AT&T Communications | https://www.wibw.com/prnewswire/2022/05/04/atampt-launches-new-offers-helpful-tools-small-businesses-just-time-national-small-business-week/ | 2022-05-04T06:48:56Z |
HIGH POINT, N.C., Aug. 17, 2022 /PRNewswire/ -- Advanced Fraud Solutions (AFS), a leader in payments fraud detection software, today announced the successful adoption of its ACH fraud prevention tool, TrueACH with Account Validation, after a year in the market. TrueACH with Account Validation helps banks and credit unions secure their ACH transactions by enabling them to confirm account status and authorized user(s).
Since launching a year ago, in August 2021, AFS has completed nearly 20 bank and credit union installations of TrueACH with Account Validation. In the first half of 2022, these installations have stopped or flagged over $21MM in potentially fraudulent ACH transactions, with an average transaction size of $2,330 stopped or flagged for further investigation.
"We're seeing a definite shift towards digital payments by financial institutions, consumers as well as fraud operators," said Lawrence Reaves, CEO at AFS. "Our goal in launching TrueACH with Account Validation was primarily to help financial institutions comply with Nacha standards and to mitigate payments risk. What we didn't expect was to see the fairly immediate dollar impact of fraud prevention measures that would have otherwise gone unnoticed. Thankfully, TrueACH with Account Validation is now being used by financial institutions every day to better understand payments risk, with great results."
Today's news follows the ACH Network's Q2 2022 results in which it said to have moved 7.5BB in total payments, with Same Day ACH transaction value up 94.4% (from $250BB in 2021 to $486BB in 2022) and volume up 24.4% (from 148.7M in 2021 to 185M in 2022). What is more, Q2 2022 also represents the first quarter in which the Same Day ACH dollar limit moved to $1M per transaction.
AFS is a Nacha Preferred Partner for Account Validation – a select group of innovators that Nacha recognizes for offering products and services that align with Nacha's core strategies to advance the ACH Network in the Account Validation category.
To learn more about TrueACH with Account Validation, click here.
Advanced Fraud Solutions was founded in 2007 with the simple mission to help financial institutions prevent fraud in real-time. We utilize our comprehensive private cloud-based software solutions at the frontline and in the back office. Every day, our innovative fraud prevention tools help banks and credit unions of all sizes eliminate losses and safeguard their financial assets. We provide the level of protection that today's customers demand. At Advanced Fraud Solutions, we know the best way to fight fraud is to prevent it. Learn more at AdvancedFraudSolutions.com.
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SOURCE Advanced Fraud Solutions | https://www.mysuncoast.com/prnewswire/2022/08/17/advanced-fraud-solutions-reports-adoption-its-ach-fraud-mitigation-tool-reveals-significant-potential-fraud-losses-prevented/ | 2022-08-17T13:48:00Z |
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Activate your digital account | https://www.cantonrep.com/restricted/?return=https%3A%2F%2Fwww.cantonrep.com%2Fstory%2Fnews%2F2022%2F04%2F20%2Ffive-year-soil-study-underway-stark-county-farms%2F9485577002%2F | 2022-04-20T09:42:05Z |
A Bell County grand jury indicted a Temple man Wednesday on several felony charges for allegedly videotaping three minors and three women during a winter storm and a family vacation without their knowledge.
Justin Blair Fuller, 42, was indicted on five counts of possession of child pornography, third-degree felonies, and nine counts of invasive visual recording, state jail felonies.
On July 30, 2021, Temple Police Investigator Kenneth McCrae interviewed two women who said Fuller confessed to allegedly placing a camera in the bathroom at three different residences without anyone knowing, according to an arrest affidavit filed by the department.
“Justin Fuller told (one of the women) he was curious about her body and had placed recording devices in the bathroom to see her body,” McCrae wrote on the affidavit.
The woman told McCrae that Fuller said the alleged recordings happened on Feb. 19-21, 2021, while people were sheltering at a residence during a winter storm and on July 4, 2020, during a vacation.
The second woman told McCrae that Fuller told her about the cameras but denied keeping any videos of the minors who stayed at the house.
During the investigation, McCrae learned Fuller had removed his computer from his home. Still, investigators were able to recover hard drives and storage devices that were examined by Texas A&M University – Central Texas IT Forensic Specialist Scott Lorenz.
“Lorenz found over 2 million images and tens of thousands of videos that needed to be reviewed by police because what they depicted was concerning to him,” McCrae wrote.
The images and videos — depicting nudity — were shown to three women who identified themselves, two young girls age 9 and 5, and an 8-year-old boy in the explicit content.
McCrae noted on the affidavit that the images were taken at three different residences, in the 10000 block of Becker Drive and the 10000 block of Cap Rock Drive, both in Temple, and at a Lake Travis rental home the families visited in the summer of 2020.
On Dec. 17, 2021, Fuller was arrested at the 200 block of Main Street in downtown Temple while officers served an arrest warrant.
Fuller’s initial bonds totaled $500,000, but court records showed 426th Judicial District Judge Steve Duskie reduced the bonds to $250,000 on Dec. 21.
Fuller was released from the Bell County Jail on Dec. 27 after posting his bonds. | https://www.tdtnews.com/news/central_texas_news/article_55ff0aa6-b141-11ec-871f-a7a7f8fa3853.html | 2022-04-01T00:39:18Z |
LOMPOC, Calif. , May 27, 2022 /PRNewswire/ -- Return to Freedom Wild Horse Conservation on Friday thanked House Energy and Commerce Committee Chairman Frank Pallone (D-NJ) for his support of bills to ban horse slaughter and soring and urged him to schedule a markup before the full committee as quickly as possible.
The Subcommittee on Consumer Protection and Commerce on Thursday held a hearing on the Save America's Forgotten Equines (SAFE) Act, H.R. 3355, and the Prevent All Soring Tactics (PAST) Act, H.R. 5441. The subcommittee is chaired by the SAFE Act's sponsor, Rep. Jan Schakowsky (D-IL).
The SAFE Act would permanently ban horse slaughter in the United States as well as the sale and export of American horses for purposes of slaughter. The PAST Act would expand regulation and enforcement of the soring of horses to produce higher gaits that may cause lameness, pain and distress.
Both bills received strong support with little opposition during Thursday's hearing.
"We're grateful to the bills' sponsors, Reps. Jan Schakowsky, (D-IL) and Vern Buchanan (R-FL) for SAFE and Reps. Steve Cohen (D-TN) and Brian Fitzpatrick (R-PA) for PAST, for their efforts to advance these important bills and for the support of Chairman Pallone," said Neda DeMayo, president of Return to Freedom (RTF), a national nonprofit wild horse and burro advocacy organization.
"Two years ago, however, the SAFE Act had a similar strong subcommittee hearing only to be denied a full committee markup and so the bill died at the end of the last Congress," DeMayo continued. "We strongly urge Chairman Pallone to continue the positive momentum behind these bills by scheduling a markup before the full committee as soon as possible."
Both bills enjoy strong bipartisan support: the SAFE Act with 215 cosponsors and the PAST Act with 256 cosponsors. More than 80 percent of voters consistently say that they oppose horse slaughter in opinion polls.
The next step for both pieces of legislation is receiving a "markup" before the full House Energy and Commerce Committee. A markup is when the Committee debates, amends and votes on legislation before the Committee before sending it to the floor for a vote by the full House.
RTF has long been a supporter of ending horse slaughter and soring. Its work on ending horse slaughter dates back two decades.
"Americans have an unwavering bond with the descendants of the horses that have helped build our country and shape our culture," DeMayo said. "Horse slaughter is the ultimate betrayal of that bond."
Since the last horse slaughter plant inside the United States closed in 2007, Congress has consistently supported language in annual Agriculture Appropriations bills blocking horse slaughter. This de facto ban does nothing to protect thousands of American horses shipped to foreign slaughterhouses each year, however.
"More than 1.6 million American horses — including an unknown number who once roamed freely on our public lands – have been shipped to foreign slaughterhouses since the last such plant in the United States closed in 2007," DeMayo said. "Wild horses that once roamed freely on our public lands, pets, racehorses, workhorses — no American horse deserves to be shipped to an inhumane death in a foreign slaughterhouse.
"The national effort to end this practice began in Congress 21 years ago, so we call on everyone to join in ending this once and for all. Horse slaughter is wholly un-American and needs to end with the passage of the bipartisan SAFE Act."
Last year, 23,431 American horses were shipped to Mexican and Canadian slaughterhouses.
Among them were an unknown number of once-federally protected wild horses and burros. Wild equines are placed at risk of being sold to slaughter after being captured and removed from their rightful rangelands by the Bureau of Land Management (BLM) and U.S. Forest Service (USFS).
While Congress has repeatedly barred BLM and USFS from selling captured equines without restrictions against slaughter, wild horses and burros lose their federal protections and are no longer tracked by the government when title is passed to a buyer or adopter. A BLM program created in 2019 has put more wild horses and burros at risk by giving $1,000 to adopters.
More than 90 percent of horses – domestic and wild – exported for slaughter are in good condition, according to a U.S. Department of Agriculture study. Because American horses are not raised to be food, they are routinely given dozens of veterinary medications unsafe for humans.
Return to Freedom Wild Horse Conservation (RTF) is a national nonprofit organization dedicated to wild horse preservation through sanctuary, education, conservation, and advocacy since 1998. It also operates the American Wild Horse Sanctuary at three California locations, caring for more than 450 wild horses and burros. Follow us on Facebook, Twitter, and Instagram for updates about wild horses and burros on the range and at our sanctuary.
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SOURCE Return to Freedom Wild Horse Conservation | https://www.mysuncoast.com/prnewswire/2022/05/27/rtf-calls-house-energy-commerce-schedule-full-committee-vote-horse-slaughter-ban/ | 2022-05-27T22:49:35Z |
- Net income for the second quarter of 2022 was $340 million, or $1.40 per share.
- Adjusted net income for the second quarter of 2022 was $464 million, or $1.91 per share.
DUBLIN, Aug. 11, 2022 /PRNewswire/ -- AerCap Holdings N.V. (NYSE: AER), the global leader in aviation leasing, today reported financial results for the second quarter of 2022 ended June 30, 2022.
"AerCap generated strong results in the second quarter, with a significant increase in activity across all of our businesses. The ongoing recovery in air travel continued to strengthen across all major regions, and was manifested in high levels of cash collections and greater utilization of our fleet during the quarter. The strength in passenger demand, coupled with supply constraints across the industry, is resulting in a favorable leasing environment," said Aengus Kelly, Chief Executive Officer of AerCap.
Highlights:
- Executed 184 transactions in the second quarter of 2022, including 125 lease agreements, 16 purchases and 43 sales.
- Significant deleveraging in the second quarter of 2022: adjusted debt/equity ratio of 2.8 to 1 at June 30, 2022.
- Cash flow from operating activities was approximately $1.2 billion in the second quarter of 2022.
- Strong cash collections, higher utilization and a decrease in deferral balances.
- 100% of new aircraft order book placed through 2023.
- 10% margin on gain on sale of assets sold in the second quarter of 2022.
- $17 billion in total sources of liquidity, representing next 12 months' sources-to-uses coverage ratio of 2.1x.
- Rating outlook revised to positive by Fitch.
Revenue and Net Spread
Basic lease rents were $1,462 million for the second quarter of 2022, compared with $871 million for the same period in 2021. The increase was primarily due to the impact of the GECAS acquisition. Basic lease rents were negatively impacted by the loss of revenues from Russian aircraft and were reduced by $52 million as a result of the amortization of lease premium assets.
Maintenance rents and other receipts were $103 million for the second quarter of 2022, compared with $131 million for the same period in 2021. The decrease was primarily due to lower maintenance revenue recognized as a result of lease terminations during the second quarter of 2022. Maintenance rents were reduced by $53 million as a result of maintenance rights assets that were amortized to revenue.
Net gain on sale of assets for the second quarter of 2022 was $35 million, relating to 29 assets sold for $386 million, compared with $22 million for the same period in 2021, relating to 12 aircraft sold for $139 million. The increase was primarily due to the volume and composition of asset sales.
Other income for the second quarter of 2022 was $71 million, compared with $207 million for the same period in 2021. The decrease was primarily driven by the amount of proceeds from unsecured claims. Other income in the second quarter of 2022 included $39 million of proceeds from unsecured claims, whereas other income in the second quarter of 2021 included $193 million of proceeds from unsecured claims.
Interest expense excluding mark-to-market of interest rate caps and swaps was $403 million for the second quarter of 2022, compared with $293 million for the same period in 2021. AerCap's average cost of debt was 3.0% for the second quarter of 2022 and 3.8% for the same period in 2021, excluding debt issuance costs, upfront fees and other impacts.
Selling, General and Administrative Expenses
Selling, general and administrative expenses increased to $105 million for the second quarter of 2022, compared with $73 million for the same period in 2021. The increase was primarily driven by higher expenses as a result of the GECAS acquisition.
Other Expenses
Asset impairment charges were $12 million for the second quarter of 2022, compared to $57 million for the same period in 2021. Asset impairment charges recorded in the second quarter of 2022 related to lease terminations and sales transactions and were largely offset by related maintenance revenue. Leasing expenses were $193 million for the second quarter of 2022, compared with $59 million for the same period in 2021. The increase was primarily due to higher transition costs, lessor maintenance contributions and other leasing expenses and an increase in maintenance rights expense as a result of the GECAS acquisition.
Effective Tax Rate
AerCap's effective tax rate was 14% for the second quarter of 2022 and the second quarter of 2021. The effective tax rate is impacted by the source and amount of earnings among our different tax jurisdictions as well as the amount of permanent tax differences relative to pre-tax income or loss, and certain other discrete items.
Book Value Per Share
Financial Position
Flight Equipment Portfolio
As of June 30, 2022, AerCap's portfolio consisted of 3,599 aircraft, engines and helicopters that were owned, on order or managed. The average age of the company's owned aircraft fleet as of June 30, 2022 was 7.2 years (3.8 years for new technology aircraft, 13.1 years for current technology aircraft) and the average remaining contracted lease term was 7.2 years.
Notes Regarding Financial Information Presented in This Press Release
The financial information presented in this press release is not audited.
Due to rounding, numbers presented throughout this document may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
The following are definitions of non-GAAP measures used in this press release. We believe these measures may further assist investors in their understanding of our operational performance.
Adjusted net income / earnings per share
Adjusted net income is calculated as net loss excluding the after-tax impact of net charges related to the Ukraine Conflict, the amortization of maintenance rights and lease premium assets recognized under purchase accounting, and GECAS transaction and integration-related expenses. Adjusted earnings per share is calculated by dividing adjusted net income by the weighted average of our ordinary shares outstanding. Given the relative significance of these items during 2022, we have chosen to present this measure in order to assist investors in their understanding of the changes and trends related to our earnings.
Adjusted debt/equity ratio
This measure is the ratio obtained by dividing adjusted debt by adjusted equity.
- Adjusted debt means consolidated total debt less cash and cash equivalents, and less a 50% equity credit with respect to certain long-term subordinated debt.
- Adjusted equity means total equity, plus the 50% equity credit relating to the long-term subordinated debt.
Adjusted debt and adjusted equity are adjusted by the 50% equity credit to reflect the equity nature of those financing arrangements and to provide information that is consistent with definitions under certain of our debt covenants. We believe this measure may further assist investors in their understanding of our capital structure and leverage.
Net interest margin, annualized net spread, annualized net spread less depreciation and amortization and average cost of debt
Net interest margin is calculated as the difference between basic lease rents, excluding the impact of the amortization of lease premium/deficiency recognized under purchase accounting, and interest expense, excluding the impact of the mark-to-market of interest rate caps and swaps. Annualized net spread is net interest margin expressed as a percentage of average lease assets. Annualized net spread less depreciation and amortization is net interest margin less depreciation and amortization, expressed as a percentage of average lease assets. Average cost of debt is calculated as interest expense, excluding mark-to-market on interest rate caps and swaps, debt issuance costs, upfront fees and other impacts, divided by average debt balance. We believe these measures may further assist investors in their understanding of the changes and trends related to the earnings of our leasing activities. These measures reflect the impact from changes in the number of aircraft leased, lease rates and utilization rates, as well as the impact from changes in the amount of debt and interest rates.
Lease assets
Lease assets include flight equipment held for operating leases, flight equipment held for sale, net investment in finance leases and maintenance rights assets.
Conference Call
In connection with its report of second quarter 2022 results, management will host a conference call with members of the investment community today, Thursday, August 11, 2022, at 8:30 am Eastern Time. The call can be accessed live via webcast by AerCap's website at www.aercap.com under "Investors", or by dialing (U.S./Canada) + 1 646 828 8073 or (International) +353 1 246 5682 and referencing code 3815376 at least 5 minutes before start time.
The webcast replay will be archived in the "Investors" section of the company's website for one year.
About AerCap
AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Abu Dhabi, Seattle, Toulouse and other locations around the world.
Forward-Looking Statements
This press release contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements". In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "should," "expect," "plan," "intend," "will," "aim," "estimate," "anticipate," "believe," "predict," "potential" or "continue" or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this press release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors, including the impacts of, and associated responses to: the Ukraine Conflict; the Covid-19 pandemic; our ability to successfully integrate GECAS' operations and employees and realize anticipated synergies and cost savings; and the potential impact of the consummation of the GECAS transaction on relationships, including with employees, suppliers, customers and competitors, that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements. As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information regarding AerCap and to be added to our email distribution list, please visit www.aercap.com and follow us on Twitter www.twitter.com/aercapnv.
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SOURCE AerCap Holdings N.V. | https://www.wibw.com/prnewswire/2022/08/11/aercap-holdings-nv-reports-financial-results-second-quarter-2022/ | 2022-08-11T12:17:29Z |
VANCOUVER, BC, Aug. 25, 2022 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTC-QB: LISMF) (Frankfurt: OGPQ) is pleased to provide an update on the drilling campaign currently underway at the Hombre Muerto North Lithium Project (HMN Li Project) in Salta Province, Argentina. The first hole AS01 has now been completed to a depth of 270 meters. As the first hole has progressed, drilling has become very difficult due to geological instability. The decision was made to conclude the hole at this depth, though geological basement was not reached. Double-packer sampling is now underway and will continue for the coming few days. Samples will be obtained from borehole intervals deemed to be of interest. Alex Stewart Laboratories, an ISO Certified laboratory located in Mendoza Argentina is conducting the assay test work. Dr. Mark King, a Qualified Person (QP) under NI 43-101 is supervising the program.
A second drill rig operated by Andagala Perferaciones S.A. is now on site. The unit will locate to the middle of the Alba Sabrina Claim Block and initiate hole AS03.
Company Director and Chief Operating Officer, Fernando Villarroel states, "We are very pleased to have completed our first hole at the Alba Sabrina claim block. Our second drill rig is now on site, and we look forward to moving the program ahead quickly."
The objective of the program is to potentially expand the current Lithium Carbonate Resource which is defined with an average grade of 756 mg/L lithium within 571,000 tons in the Measured and Indicated Categories (See news release December 4, 2018, and NI 43-101 compliant Technical Report titled, Initial Measured and Indicated Lithium and Potassium Resource Estimate, Hombre Muerto North Project, Salta and Catamarca Provinces, Argentina, prepared by independent consultants Montgomery and Associates of Santiago, Chile).
The current Resource is contained solely on the Tramo Claim Block, which is 383 hectares in size. Tramo is one of five Salar-located, non-contiguous claim blocks that comprise the total project area of 3,287 hectares. The current drill program is focused on exploration of the Alba Sabrina Claim Block, which is 2,089 hectares in size.
About Lithium South
The HMN Li Project is at an advanced stage of evaluation, with a Preliminary Economic Assessment completed in April 2019. Lithium South is the 100% owner and expects to expand the known resource with its current drill program. Preliminary results support this expectation. Additional project work including permitting, environmental studies and process test work is ongoing.
The HMN Li Project is adjacent to a US$840 million lithium mine under development by the Korean multinational corporation POSCO, which acquired their holdings from Galaxy Resources Ltd. for US$280 million. Livent Corporation is producing lithium to the south of the Hombre Muerto North Lithium Project and has operated there for over twenty-five years.
The Company is evaluating a conventional evaporation process method, and Direct Lithium Extraction (DLE) as an alternative method. DLE test work on 2,000-liter brine samples is currently in progress by Chemphys Chengdu, in China, and Eon Minerals in Salta, Argentina.
The technical and scientific information in this press release was reviewed by Dr. Mark King, a Qualified Person under National Instrument 43-101. Dr. King participated in the preparation of this news release.
On behalf of the Board of Directors
Adrian F. C. Hobkirk
President and Chief Executive Officer
Investors / Shareholders call 855-415-8100 / website: www.lithiumsouth.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. The TSX Venture Exchange has not reviewed the content of this news release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this news release.
This news release contains certain "forward-looking statements" within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward-looking statements. The reader is cautioned not to place undue reliance on forward- looking statements. We seek safe harbor.
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SOURCE Lithium South Development Corporation | https://www.wibw.com/prnewswire/2022/08/25/first-hole-hmn-li-project-argentina-second-drill-rig-site/ | 2022-08-25T13:17:30Z |
HONG KONG, July 3, 2022 /PRNewswire/ -- Chubb Life today announced that Gail Costa will lead the company's life insurance operations in New Zealand that were recently acquired from Cigna. Ms. Costa, who is currently Chief Executive Officer of Cigna Life New Zealand, will continue to have executive operating responsibility for the business, which will operate under the Chubb Life brand in New Zealand.
On July 1, Chubb, the world's largest publicly traded property and casualty insurer, completed its acquisition of the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business of Cigna in six Asia-Pacific markets, including New Zealand. The addition of this consumer-focused business advances Chubb's strategy to expand its presence in the Asia-Pacific region, a long-term growth area for the company, and adds to an already sizable accident and health (A&H) business while expanding the company's Asia-based life insurance presence.
Ms. Costa will, in addition to the local Board, report to Brad Bennett, Senior Vice President, Chubb Group and Chief Operating Officer, Chubb Life.
"Gail is an experienced insurance executive who has led businesses for Cigna in multiple countries, including New Zealand, where she's been managing the operation through a period of growth and change since 2018," said Mr. Bennett. "She's a strong leader with deep expertise across finance, operations and marketing. New Zealand is a new market for Chubb Life, and we're fortunate to have Gail in this position. I look forward to working with her and welcome all of our new colleagues from Cigna at this exciting moment for our business in New Zealand and across Asia-Pacific."
Ms. Costa has more than 40 years of insurance industry experience, including 18 years as an executive with Cigna. She has served as CEO of Cigna Life New Zealand since 2018, and also led the business from 2003 to 2013. Ms. Costa also held CEO positions for Cigna in Turkey, Hong Kong and Europe. Prior to joining Cigna, Ms. Costa was the General Manager Operations for Asteron.
Ms. Costa is a qualified accountant and holds a bachelor's degree in Commerce and Administration from Victoria University and a Diploma in Direct Marketing from the Institute of Direct Marketing, London, U.K.
About Chubb Life
Chubb Life is an international life insurer, primarily focused on Asia, that provides protection and savings-oriented life insurance products to individuals and groups. Chubb Life serves the needs of consumers through a variety of distribution channels, including primarily captive agents, but also through banks, retailers, brokers, independent agents and direct marketing. Chubb Life has operations in eight Asian markets — Hong Kong, Indonesia, Korea, Myanmar, New Zealand, Taiwan, Thailand and Vietnam — as well as Latin America.
About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 34,000 people worldwide. Additional information can be found at: www.chubb.com
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SOURCE Chubb Life | https://www.kxii.com/prnewswire/2022/07/03/chubb-life-announces-gail-costa-will-lead-newly-acquired-life-insurance-operations-cigna-new-zealand/ | 2022-07-03T19:54:55Z |
VAUGHAN, ON, May 24, 2022 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL", "we", "our" or the "Company"), a leading North American diversified environmental services company, will hold its first Investor Day today in New York City beginning at 8:00 am Eastern Time. The live webcast of the event and a copy of today's presentation will be available on the Company's website at investors.gflenv.com or by clicking here.
At today's meeting, GFL will review its key strategic initiatives achieved since its initial public offering in March 2020 and discuss its growth strategies, capital allocation plan, sustainability initiatives and financial objectives.
2022 to 2025 Potential Growth Opportunities(1)
In addition to reaffirming its 2022 full year guidance previously provided on February 10, 2022, as updated on May 4, 2022, at its Investor Day, GFL will present three potential growth scenarios for the 2022 to 2025 period:
- Utilization of Adjusted Free Cash Flow(2) generated by the business to reduce net long-term debt;
- Deployment of $500 million annually on acquisitions, financed from Adjusted Free Cash Flow(2); and
- Deployment of $1.0 billion annually on acquisitions, financed from Adjusted Free Cash Flow(2) and available liquidity.
All three scenarios assume the following:
- Organic revenue growth of approximately 5.0% per year and Adjusted EBITDA margin(2) expansion of 40 basis points per year, before considering the impact of GFL's investment in renewable natural gas projects, over the 2022 to 2025 period.
- Contribution of $150 million in incremental Adjusted EBITDA(2) and Adjusted Free Cash Flow(2) from GFL's share of renewable projects by the end of 2025.
Based on these scenarios, GFL's launch off point for 2026 could be Adjusted Free Cash Flow(2) between $1,050 million and $1,350 million and Net Leverage(2) between approximately 2.50x and 3.20x.
Implicit in forward-looking information in respect of these growth scenarios are certain current assumptions, including, among others, that the Company will continue to execute on its strategy of organically growing its business, leveraging its scalable network to attract and retain customers across multiple service lines, realize operational efficiencies, and extract procurement and cost synergies. Additional assumptions include no changes to the current economic environment, no material changes in interest rates and foreign exchange rates, access to debt markets for refinancing opportunities on comparable terms and conditions to recent financings, potential for credit rating upgrades in the near-term, continued margin expansion and sufficient free cash flow to fund acquisitions. The M&A assumptions are based on the fragmented nature of the industry, historical experience with acquisitions and the current robust pipeline. The renewable energy assumptions are based on the expectations that construction of the required facilities will proceed as scheduled, markets for renewable energy credits and access to end markets. See "Forward-Looking Information".
About GFL
GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of solid waste management, liquid waste management and soil remediation services through its platform of facilities across Canada and in more than half of the U.S. states. Across its organization, GFL has a workforce of more than 18,000 employees. For more information, visit our web site at gflenv.com. To subscribe for investor email alerts please visit investors.gflenv.com or by clicking here.
Forward-Looking Information
This release includes certain "forward-looking statements" and "forward-looking information" (collectively, "forward-looking information") within the meaning of applicable U.S. and Canadian securities laws, respectively. Forward-looking information includes all statements that do not relate solely to historical or current facts and may relate to our future outlook, financial guidance and anticipated events or results and may include statements regarding our financial performance, financial condition or results, business strategy, growth strategies, budgets, operations and services. Particularly, statements regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "budget", "scheduled", "estimates", "outlook", "forecasts", "projection", "prospects", "strategy", "intends", "anticipates", "does not anticipate", "believes", or "potential" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will", "will be taken", "occur" or "be achieved", although not all forward-looking information includes those words or phrases. In addition, any statements that refer to expectations, intentions, projections, guidance, potential or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts nor assurances of future performance but instead represent management's expectations, estimates and projections regarding future events or circumstances.
Forward-looking information is based on our opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such information is stated, is subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to certain assumptions set out herein; our ability to obtain and maintain existing financing on acceptable terms; our ability to source and execute on acquisitions on terms acceptable to us; our ability to find purchasers for non-core assets on terms acceptable to us; currency exchange and interest rates; the impact of competition; the changes and trends in our industry or the global economy; changes in laws, rules, regulations, and global standards; and the duration and severity of the COVID-19 pandemic, including variants, and its impact on the economy, the North American financial markets, our operations, our M&A pipeline and our financial results. Other important factors that could materially affect our forward-looking information can be found in the "Risk Factors" section of GFL's annual information form for the year ended December 31, 2021 and GFL's other periodic filings with the U.S. Securities and Exchange Commission and the securities commissions or similar regulatory authorities in Canada. Shareholders, potential investors and other readers are urged to consider these risks carefully in evaluating our forward-looking information and are cautioned not to place undue reliance on such information. There can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors not currently known to us or that we currently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The forward-looking information contained in this release represents our expectations as of the date of this release (or as the date it is otherwise stated to be made), and is subject to change after such date. However, we disclaim any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable U.S. or Canadian securities laws. The purpose of disclosing our financial outlook set out in this release is to provide investors with more information concerning the financial impact of our business initiatives and growth strategies.
Non-IFRS Measures
This release makes reference to certain non-IFRS measures. These measures are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Accordingly, these measures should not be considered in isolation or as a substitute for analysis of our financial information reported under IFRS. Rather, these non-IFRS measures are used to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures. We also believe that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Our management also uses non-IFRS measures in order to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation.
EBITDA represents, for the applicable period, net income (loss) from continuing operations plus (a) interest and other finance costs, plus (b) depreciation and amortization of property and equipment, landfill assets and intangible assets, less (c) the provision for income taxes, in each case to the extent deducted or added to/from net income (loss) from continuing operations. We present EBITDA to assist readers in understanding the mathematical development of Adjusted EBITDA. Management does not use EBITDA as a financial performance metric.
Adjusted EBITDA is a supplemental measure used by management and other users of our financial statements including our lenders and investors, to assess the financial performance of our business without regard to financing methods or capital structure. Adjusted EBITDA is also a key metric that management uses prior to execution of any strategic investing or financing opportunity. For example, management uses Adjusted EBITDA as a measure in determining the value of acquisitions, expansion opportunities and dispositions. In addition, Adjusted EBITDA is utilized by financial institutions to measure borrowing capacity. Adjusted EBITDA is calculated by adding and deducting, as applicable from EBITDA, certain expenses, costs, charges or benefits incurred in such period which in management's view are either not indicative of underlying business performance or impact the ability to assess the operating performance of our business, including: (a) (gain) loss on foreign exchange, (b) (gain) loss on sale of property and equipment, (c) mark-to-market (gain) loss on fuel hedges, (d) mark-to-market (gain) loss on Purchase Contracts, (e) share-based payments, (f) impairment and other charges, (g) gain on divestiture, (h) transaction costs, (i) IPO transaction costs, (j) acquisition, rebranding and other integration costs (included in cost of sales related to acquisition activity), (k) unbilled revenue reversal, and (l) deferred purchase consideration. We use Adjusted EBITDA to facilitate a comparison of our operating performance on a consistent basis reflecting factors and trends affecting our business. As we continue to grow our business, we may be faced with new events or circumstances that are not indicative of our underlying business performance or that impact the ability to assess our operating performance.
Adjusted Cash Flows from Operating Activities represents cash flows from operating activities adjusted for (a) costs associated with IPO related debt repayments, (b) prepayment penalties for early note redemption, (c) IPO transaction costs, (d) transaction costs, (e) acquisition, rebranding and other integration costs, (f) M&A related net working capital investment, (g) tax refund from CARES Act, (h) cash interest paid on TEUs, and (i) deferred purchase consideration. Adjusted Cash Flows from Operating Activities is a supplemental measure used by investors as a valuation and liquidity measure in our industry. Management uses Adjusted Cash Flows from Operating Activities to evaluate and monitor the ongoing financial performance of GFL.
Adjusted Free Cash Flow represents Adjusted Cash Flows from Operating Activities adjusted for (a) proceeds from asset divestitures, (b) normalization for excess proceeds from asset divestitures, (c) proceeds on disposal of assets, and (d) purchase of property and equipment and intangible assets. Adjusted Free Cash Flow is a supplemental measure used by investors as a valuation and liquidity measure in our industry. Management uses Adjusted Free Cash Flow to evaluate and monitor the ongoing financial performance of GFL.
Acquisition EBITDA represents, for the applicable period, management's estimates of the annual Adjusted EBITDA of an acquired business, based on its most recently available historical financial information at the time of acquisition, as adjusted to give effect to (a) the elimination of expenses related to the prior owners and certain other costs and expenses that are not indicative of the underlying business performance, if any, as if such business had been acquired on the first day of such period ("Acquisition EBITDA Adjustments"), and (b) contract and acquisition annualization for contracts entered into and acquisitions completed by such acquired business prior to our acquisition. Further adjustments are made to such annual Adjusted EBITDA to reflect estimated operating cost savings and synergies, if any, anticipated to be realized upon acquisition and integration of the business into our operations. We use Acquisition EBITDA for the acquired businesses to adjust our Adjusted EBITDA to include a proportional amount of the Acquisition EBITDA of the acquired businesses based upon the respective number of months of operation for such period prior to the date of our acquisition of each such business.
Net Leverage is a supplemental measure used by management to evaluate borrowing capacity and capital allocation strategies. Net Leverage is equal to our total long-term debt, as adjusted for fair value, deferred financings and other adjustments and reduced by our cash, divided by Run-Rate EBITDA.
Run-Rate EBITDA represents Adjusted EBITDA for the applicable period as adjusted to give effect to management's estimates of (a) Acquisition EBITDA Adjustments (as defined above) and (b) the impact of annualization of certain new municipal and disposal contracts and cost savings initiatives, entered into, commenced or implemented, as applicable, in such period, as if such contracts or costs savings initiatives had been entered into, commenced or implemented, as applicable, on the first day of such period. Run-Rate EBITDA has not been adjusted to take into account the impact of the cancellation of contracts and cost increases associated with these contracts. These adjustments reflect monthly allocations of Acquisition EBITDA for the acquired businesses based on straight line proration. As a result, these estimates do not take into account the seasonality of a particular acquired business. While we do not believe the seasonality of any one acquired business is material when aggregated with other acquired businesses, the estimates may result in a higher or lower adjustment to our Run-Rate EBITDA than would have resulted had we adjusted for the actual results of each of the acquired businesses for the period prior to our acquisition. We primarily use Run-Rate EBITDA to show how GFL would have performed if each of the interim acquisitions had been consummated at the start of the period as well as to show the impact of the annualization of certain new municipal and disposal contracts and cost savings initiatives. We also believe that Run-Rate EBITDA is useful to investors and creditors to monitor and evaluate our borrowing capacity and compliance with certain of our debt covenants. Run-Rate EBITDA as presented herein is calculated in accordance with the terms of our revolving credit agreement.
All references to "$" in this press release are to Canadian dollars, unless otherwise noted.
For further information:
Patrick Dovigi, Founder and Chief Executive Officer,
+1 905-326-0101
pdovigi@gflenv.com
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SOURCE GFL Environmental Inc. | https://www.mysuncoast.com/prnewswire/2022/05/24/gfl-environmental-holds-investor-day/ | 2022-05-24T11:09:27Z |
Sequans Communications Announces Second Quarter 2022 Financial Results
Published: Aug. 2, 2022 at 5:00 AM CDT|Updated: 50 minutes ago
PARIS, Aug. 2, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 Summary Results Table:
"Our second quarter growth was boosted by our Monarch Cat-M product family, which grew 13% sequentially and 122% year-over-year, continuing its first-quarter strong performance," said Georges Karam, CEO of Sequans. "Revenue for the quarter increased 11% year-over-year, with Massive IoT growing 12% and the Broadband category growing 9%, due to services revenue. Broadband revenue decreased sequentially due to the expected decline of licensing revenue generated by our existing 5G agreements, which was fully offset by the growth in our Massive IoT business. Our product revenue pipeline continues to build with more design wins, and we are moving them towards mass production, although the shutdowns in China have delayed a few product launches. While most of the design wins are with the Monarch family, our main growth driver, we are seeing increasing interest in our new Cat 1 Calliope 2 platform that we expect to drive additional growth in 2023."
Mr. Karam continued, "I am pleased to announce that we finalized all the terms of a licensing agreement with a new 5G strategic partner that is expected to fully fund the development of our 5G platform. Execution of the deal should be concluded shortly subject to some final logistical steps."
Q3 2022 Outlook
Management plans to update the outlook once the strategic 5G agreement is closed.
Second Quarter 2022 Highlights:
Revenue: Revenue was $14.2 million, an increase of 2.4% compared to the first quarter of 2022 and an increase of 10.6% compared to the second quarter of 2021. The increase from the first quarter was primarily due to increased Massive IoT revenues that offset the decline in Broadband service revenue.
Gross margin: Gross margin was 60.7% compared to 68.1% in the first quarter of 2022 and compared to 56.6% in the second quarter of 2021 due to the higher proportion of product sales versus license and service revenue in the revenue mix.
Operating loss: Operating loss was $2.1 million flat compared to the first quarter of 2022 and $3.4 million in the second quarter of 2021.
Net profit / loss: Net loss was $3.1 million, or ($0.07) per diluted ADS, compared to net profit of $2.0 million, or $0.04 per ADS, in the first quarter of 2022 and a net loss of $1.3 million, or ($0.04) per ADS, in the second quarter of 2021. Net loss in the second quarter of 2022 includes a $0.7 million gain on the change in fair value of the convertible debt derivative compared to a $6.4 million gain in the first quarter of 2022 and a $1.4 million gain in the second quarter of 2021.
Non-IFRS Net loss and diluted loss per ADS: Excluding the non-cash stock-based compensation, the non-cash impact of the fair-value and effective interest adjustments related to the convertible debt with embedded derivatives and other financings, non-IFRS net loss was $1.1 million, or ($0.02) per ADS, compared to $1.8 million, or ($0.04) per ADS in the first quarter of 2022, and $5.6 million, or ($0.15) per ADS, in the second quarter of 2021. The non-IFRS net loss includes foreign exchange gains of $1.2 million, or $0.02 per ADS, in the second quarter of 2022, $370,000, or less $0.01 per ADS, in the first quarter of 2022 and a loss of $1.0 million, or ($0.03) per ADS, in the second quarter of 2021.
Cash: Cash and cash equivalents and short-term deposits at June 30, 2022 totaled $16.8 million compared to $26.3 million at March 31, 2022. The amount at June 30, 2022 excludes grant funding of $3.0 million received July 1, 2022.
Conference Call and Webcast
Sequans plans to conduct a teleconference and live webcast to discuss the financial results for the second quarter of 2022 today, August 2, 2022 at 8:00 a.m. ET /14:00 CET. To participate in the live call, analysts and investors should dial 877-407-0792 or +1 201-689-8263 if outside the U.S. When prompted, provide the event title or access code: 13730885. A live and archived webcast of the call will be available from the Investors section of the Sequans website at www.sequans.com/investors/. An audio replay of the conference call will be available until August 16, 2022 by dialing toll free 844-512-2921 or +1 412-317-6671 from outside the U.S., using the following access code:13730855.
Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events, including the expected execution of a new strategic agreement, and our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding future results of operations and financial positions, business strategy and plans, including ability to enter into and close a new 5G strategic agreement on presently negotiated terms and the expectation that the potential agreement will fully fund the development of our first 5G platform, expectations for Massive IoT sales, the impact of the Covid-19 on our supply chain and on customer demand, the impact of component shortages and manufacturing capacity, our ability to convert our pipeline to revenue and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We undertake no obligation to update the information made in this release in the event facts or circumstances subsequently change after the date of this press release. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not rely on or place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. In addition to the risk factors contained in our Form 20-F for the fiscal year ended December 31, 2021, some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: (i) the contraction or lack of growth of markets in which we compete and in which our products are sold, (ii) unexpected increases in our expenses resulting from inflationary pressures, including manufacturing expenses, (iii) our inability to adjust spending quickly enough to offset any unexpected revenue shortfall, (iv) delays or cancellations in spending by our customers, (v) unexpected average selling price reductions, (vi) the significant fluctuation to which our quarterly revenue and operating results are subject due to cyclicality in the wireless communications industry and transitions to new process technologies, (vii) our inability to anticipate the future market demands and future needs of our customers, (viii) our inability to achieve new design wins or for design wins to result in shipments of our products at levels and in the timeframes we currently expect, (ix) our inability to enter into and execute on strategic alliances, (x) our ability to meet performance milestones under strategic license agreements, (xi) the impact of natural disasters on our sourcing operations and supply chain, (xii) the impact of the Ukraine-Russia conflict on our independent contractors located in Ukraine, (xiii) the impact of Covid-19 on the ability to operate our business and research, production of our products or demand for our products by customers whose supply chain is impacted or whose operations have been impacted by government shelter-in-place or similar orders or Covid-19 workforce shortages, (xiv) our ability to raise debt and equity financing, and (xv) other factors detailed in documents we file from time to time with the Securities and Exchange Commission.
Use of Non-IFRS/non-GAAP Financial Measures
To supplement our unaudited consolidated financial statements prepared in accordance with IFRS, we disclose certain non-IFRS, or non-GAAP, financial measures. These measures exclude the non-cash stock-based compensation and the non-cash impacts of convertible debt amendments, conversions and repayments, effective interest adjustments related to the convertible debt with embedded derivatives and other financings; and deferred tax benefit or expense related to the convertible debt and other financings. We believe that these measures can be useful to facilitate comparisons among different companies. These non-GAAP measures have limitations in that the non-GAAP measures we use may not be directly comparable to those reported by other companies. We seek to compensate for this limitation by providing a reconciliation of the non-GAAP financial measures to the most directly comparable IFRS measures in the table attached to this press release.
About Sequans Communications
Sequans Communications S.A. (NYSE: SQNS) is a leading developer and provider of 5G and 4G chips and modules for IoT devices. For 5G/4G massive IoT applications, Sequans provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms, featuring industry-leading low power consumption, a large set of integrated functionalities, and global deployment capability. For 5G/4G broadband and critical IoT applications, Sequans offers a product portfolio based on its Cassiopeia 4G Cat 4/Cat 6 and planned high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications. Founded in 2003, Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, South Korea, and China.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/08/02/sequans-communications-announces-second-quarter-2022-financial-results/ | 2022-08-02T10:50:54Z |
Services for Wayne Vaughan, 80, of Temple will be 1 p.m. Tuesday at Scanio-Harper Funeral Home in Temple.
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Services for Wayne Vaughan, 80, of Temple will be 1 p.m. Tuesday at Scanio-Harper Funeral Home in Temple.
Burial will be 1 p.m. Wednesday in Rosewood Cemetery in Longview.
Mr. Vaughn died Wednesday, Aug. 17.
He was born June 7, 1942, in Temple to Harold and Mavolyn Justice Vaughan. He worked for the Santa Fe/BNSF Railroad as a conductor for 35 years, retiring in 2016. He attended Wildwood Baptist Church in Temple.
Survivors include his wife, Carolyn of Temple; two sons, Darrell Vaughan of Longview and Trace Vaughan of Temple; four sisters, Sharon Stewart, Vickie Wadsworth and Debbie Gunn, all of Temple, and Becky Posner of Tennessee; a brother, Paul Vaughan of Temple; eight grandchildren; and 13 great-grandchildren.
Visitation will be 6-8 p.m. Monday at the funeral home. | https://www.tdtnews.com/obituaries/article_7a701b90-20f5-11ed-a4cf-7771fbc27ef2.html | 2022-08-21T07:10:30Z |
RICHMOND, Va., July 27, 2022 /PRNewswire/ -- The Hilb Group is proud to announce that for the second consecutive year it has partnered with the College of William & Mary's Raymond A. Mason School of Business to empower and encourage the development of future Hilb Group leaders through the Brad Post Leadership Institute.
Named to honor the memory and legacy of one of its former leaders, Hilb Group established the Brad Post Leadership Institute from a dedication to supporting, developing, and investing in its associates. The immersive, customized leadership program was designed both by Hilb Group senior management and faculty from the College of William & Mary to develop the foundation for future success by empowering leaders to build highly productive teams, be champions of change, and create a culture of high performance.
"Throughout this in-depth program, we focus on developing leaders and providing them with the skills and knowledge they need to prepare for challenges and opportunities they will face present-day and throughout their careers," said Rob Patton, Hilb Group Senior Vice President of Human Resources.
"There are a number of elements that make Hilb Group and the Brad Post Leadership Institute unique, and it begins with people. It is so clear that the senior management team at Hilb Group cares about the people within the organization," stated Ken White, Associate Dean of MBA and Executive Programs at the College of William & Mary. "They think very carefully about the people and about this program, and they are willing to make an investment in the future of their leaders."
"At Hilb Group, we know that our associates are our strongest assets," Hilb Group CEO Ricky Spiro said. "By offering such an outstanding learning experience, in conjunction with the resources that the College of William & Mary provide, we are able to present our associates with a particularly unique opportunity, while building relationships and a knowledge base that will last. This program reflects our belief in investing in our associates, and represents another offering and advantage to joining the Hilb Group."
The curriculum of the Brad Post Leadership Institute consists of nine targeted, in-person training sessions held over the course of a one-year timeframe. Topics range from operational effectiveness to business strategy, relationship management, and communication and presence. High potential associates throughout the company are eligible and must be nominated by their manager. Hilb Group created this informational video to share the value of the Brad Post Leadership Institute and demonstrate one of the many exclusive opportunities Hilb Group provides its associates.
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About Hilb Group: The Hilb Group is a leading property and casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Virginia. Hilb Group is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group seeks to grow through strategic acquisitions and by leveraging its resources and expertise to drive organic growth in its acquired agencies. The company has completed more than 135 acquisitions with over 100 offices in 22 states. Hilb Group is rated as one of the Fastest Growing Brokers by Business Insurance, a Top P/C Agency by Insurance Journal, and one of America's Fastest Growing Private Companies in the Inc. 5000. For more information on Hilb Group's growth as well as career opportunities, please visit our website at http://hilbgroup.com.
Media Contact:
Peter Lobred
804.548.4629
plobred@hilbgroup.com
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SOURCE The Hilb Group, LLC | https://www.mysuncoast.com/prnewswire/2022/07/27/hilb-group-partners-with-college-william-amp-mary-host-brad-post-leadership-institute/ | 2022-07-27T13:52:17Z |
LEESBURG — The Worth County Rams football team worked out against Taylor County Thursday morning in a padded camp at Lee County High School under the supervision of new head coach Jeff Hammond.
Afterward, Hammond said he was pleased with the work and the progress his team is making.
"It was a good day," Hammond said. "We've still got a long way to go, but we are getting better. The skill players played really well today and the defensive guys were up on the ball where they needed to be. I'm really liking the way the defense is coming right now, particularly our linebackers and defensive backs. They didn't let anything get behind them today."
Hammond was named head coach in March after Phillip Ironside resigned. Hammond came to Sylvester from Coffee County, where he served as offensive coordinator. He is familiar with South Georgia football, having coached at Colquitt County from 2008-2012 and again from 2016-2018. He and his staff have been working in Worth County since May and are seeing improvement.
"We've got a long way to go, but we are better than we were in May," Hammond said. "The physicality up front has got to improve. But some of that can be attributed to not being able to put pads on all summer. We've also got to get stronger running out of the box. Today we looked better and we know we have a dual-threat quarterback in Chip (Cooper) but we don't feel the need to use him to run in the summer. He will open up us some other opportunities later on."
The coach mentioned several players that stood out to him and the staff in Thursday's camp, including Cooper, linebacker Jaylen Fluellen, tight end Grany Juster, defensive end Drew Dickson and defensive back Quan Frier.
"We get to put pads on August 1st and that's when it really starts," the coach said. "We've got to keep working and getting better every time to get ready for region play. We play in Region 1 which will be tough, but I think if we keep working and improving we could get into the playoffs. I see the makings of a good team here. We've just got to put it together."
The Rams will open the 2022 football regular season on August 19 in Ashburn against Turner County. They will play region games in Region 1-AA which includes Cook, Sumter County, Berrien, Jeff Davis, Fitzgerald and Dodge County. Fitzgerald is the defending Class AA state champion.
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New Platform Will Boost Employer Talent Acquisition and Help Cardiology Professionals Grow their Careers
ST. PETERSBURG, Fla., July 5, 2022 /PRNewswire/ -- Community Brands, the leading provider of business management, e-commerce and payment solutions for member-based organizations, announced today that YM Careers has been selected to power Cardiology Careers, the American College of Cardiology's – premier niche job board serving cardiologists and cardiology care specialists. The new job board launched on Friday, July 1, 2022.
In moving to the YM Careers platform and service, ACC's Cardiology Careers will ensure job seekers can more quickly and easily find and apply for jobs that help them advance their careers. Likewise, employers who use ACC's Cardiology Careers to source and attract talent will now benefit from more relevant and targeted job exposure, helping them find and hire the world's best cardiology professionals.
Unlike mass job boards and aggregators, ACC's Cardiology Careers is specifically marketed to and relied upon by cardiologists who interact with ACC. Moving ACC's Cardiology Careers to YM Careers brings a best-in-class job board and career center experience to professionals and employers.
Some of the new capabilities enabled through the launch include:
- Support from experienced job placement professionals, veteran hiring resources, career coaches, CV reviews, and more for members and job seekers.
- Access to detailed data, trends, and forecasts about cardiology occupations including growth outlook, compensation ranges, employment statistics, 'day in the life' videos, required skills and education levels, etc., to empower members to make more informed career decisions.
- Intuitive job search functionality including a pane view, which helps job seekers more quickly find and apply to well-matched or recommended jobs, resulting in a better user experience.
- Targeted access to a highly qualified pool of actively and passively job seeking cardiology care professionals, for employers.
"ACC is the place for cardiovascular professionals to learn, grow, and share as they pursue the College's mission to transform cardiovascular care and improve heart health," said Tristan Jordan, General Manager of YM Careers. "We will use our vast experience as the career center backbone for more than 1,000 healthcare associations to create a new, powerful destination to help ACC's community of cardiologists and cardiology care specialists accelerate and achieve their career goals."
YM Careers is the industry's most trusted career center platform for associations and publishers powering nearly 3,000 niche job boards that connect more than a million employers with tens of millions of association members and website users. Associations leverage the platform to provide a valuable member service, acquire and engage new members, and increase non-dues revenue. YM Careers is part of Community Brands, which offers an integrated set of solutions that help member-based organizations increase revenue, improve efficiency, and digitally engage members.
To learn more, visit ymcareers.com or follow us on LinkedIn.
About ACC
The American College of Cardiology envisions a world where innovation and knowledge optimize cardiovascular care and outcomes. As the professional home for the entire cardiovascular care team, the mission of the College and its more than 56,000 members is to transform cardiovascular care and to improve heart health. The ACC bestows credentials upon cardiovascular professionals who meet stringent qualifications and leads in the formation of health policy, standards and guidelines. The College also provides professional medical education, disseminates cardiovascular research through its world-renowned JACC Journals, operates national registries to measure and improve care, and offers cardiovascular accreditation to hospitals and institutions. For more, visit acc.org.
About Community Brands
Community Brands helps mission-driven organizations thrive. Our software, services, and payment solutions power nonprofits, associations, and K-12 schools to engage the people they serve through programs and events; raise funds to enable their mission; and manage their financials and operations. Our family of brands are bound by a common purpose to serve the organizations that make our communities a better place to live. Learn more about our Community Brands solutions for associations, nonprofits, K-12s, and event tech. Visit us at communitybrands.com and follow us on Twitter, Facebook, and LinkedIn.
For press inquiries or media interviews, please contact:
Jessi Cape
press@communitybrands.com
(512) 861-3012
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SOURCE Community Brands | https://www.kxii.com/prnewswire/2022/07/05/ym-careers-selected-power-american-college-cardiologys-cardiology-careers/ | 2022-07-05T17:43:01Z |
SAND SPRINGS, Okla., May 23, 2022 /PRNewswire/ -- Webco Industries, Inc. (OTC: WEBC) today reported results for our third quarter for fiscal year 2022, which ended April 30, 2022.
For our third quarter of fiscal year 2022, we had a net income of $16.0 million, or $19.88 per diluted share, while in our third quarter of fiscal year 2021, we had net income of $6.5 million, $7.31 per diluted share. Net sales for the third quarter of fiscal 2022 were $190.6 million, a 50.1 percent increase from the $127.0 million of net sales in last year's third quarter.
For the first nine months of fiscal year 2022, we generated a net income of $40.1 million, or $49.25 per diluted share, compared to a net income of $6.3 million, or $7.13 per diluted share, for the same period in fiscal year 2021. Net sales for the first nine months of the current year amounted to $531.5 million, a 65.5 percent increase from the $321.1 million in sales for the same nine-month period of last year.
In the third quarter of fiscal year 2022, we had income from operations of $21.0 million after depreciation of $3.5 million. The third fiscal quarter of the prior year generated income from operations of $8.5 million after depreciation of $3.4 million. Gross profit for the third quarter of fiscal 2022 was $33.5 million, or 17.6 percent of net sales, compared to $18.6 million, or 14.6 percent of net sales, for the third quarter of fiscal year 2021.
Our income from operations for the first nine months of fiscal year 2022 was $53.7 million, after depreciation expense of $10.5 million. Income from operations in the first nine-month period of fiscal year 2021 was $9.0 million, after depreciation expense of $10.3 million. Gross profit for the first nine-month period of fiscal 2022 was $97.0 million, or 18.3 percent of net sales, compared to $33.2 million, or 10.4 percent of net sales for the same period in fiscal year 2021.
Dana S. Weber, Chief Executive Officer and Board Chair, stated, "Our recent results demonstrate the strength, agility and innovation of our Trusted Teammates combined with a commercial environment that provided a wide range of commercial successes. The first two quarters of fiscal year 2021 reflect adverse impacts of the pandemic and low oil prices. International events and domestic conditions have continued to produce volatility in raw material cost and influenced its availability. Additionally, non-steel supplies and operating costs, as well as freight services, have increased in cost and continue to have availability challenges. Labor costs likewise experienced increases. Where possible, we passed on the increased costs to our customers in the form of higher prices for our finished products. Our strong balance sheet and liquidity position have positioned us well to successfully navigate and gain strength through this volatile environment. We remain focused on financial strength and agility. Our total cash and available credit on our revolver were $59.5 million at April 30, 2022, which we believe to be a competitive advantage."
Selling, general and administrative expenses were $12.5 million in the third quarter of fiscal 2022 and $10.1 million in the third quarter of fiscal 2021. SG&A expenses were $43.4 million in the first nine-month period of fiscal year 2022 and $24.3 million for the first nine-month period of fiscal year 2021. SG&A expenses thus far in fiscal year 2022 reflect an increase in costs associated with increased profitability, such as company-wide incentive compensation and variable pay programs, although we have experienced inflation in wages and other expenses.
Interest expense was $0.8 million in the third quarter of fiscal year 2022 and $0.3 million in the same quarter of fiscal year 2021. Interest expense was $2.1 million and $1.0 million in the first nine-month periods of the current and prior fiscal years, respectively. The change in interest expense between the periods was primarily because we have higher debt levels due to greater working capital requirements.
Capital expenditures incurred amounted to $3.0 million in the third quarter of fiscal year 2022 and was $15.0 million for the first nine months of fiscal year 2022. Our capital investments were focused on improving our efficiencies, yields, quality, and capabilities.
As of April 30, 2022, we had $11.8 million in cash, in addition to $47.7 million of available borrowing capacity under our $160 million senior revolving credit facility. Availability on the revolver, which had $111.1 million drawn at April 30, 2022, was subject to advance rates on eligible accounts receivable and inventories. Borrowing is up primarily due to increased working capital requirements associated with increased sales prices and inventory cost. Our term loan and revolver mature in June 2025. Accounting rules require asset-based debt agreements like our revolver to be classified as a current liability, despite its June 2025 maturity.
Webco's stock repurchase program authorizes the purchase of up to $20 million of our outstanding common stock in private or open market transactions. During the third quarter of fiscal year 2022, we repurchased 7,500 shares of the company's stock, bringing the total thus far in the current fiscal year to 50,100 shares. Webco purchased 51,000 and 36,300 shares in fiscal years 2021 and 2020. The repurchase plan may be extended, suspended, or discontinued at any time, without notice, at the Board's discretion.
Webco's mission is to continuously build on our strengths as we create a vibrant company for the ages. We leverage on our core values of trust and teamwork, continuously building strength, agility, and innovation. We focus on practices that support our brand, such that we are 100% engaged every day to build a forever kind of company for our Trusted Teammates, customers, business partners, investors, and community. We provide high-quality carbon steel, stainless steel and other metal specialty tubing products designed to industry and customer specifications. We have five tube production facilities in Oklahoma and Pennsylvania and eight value-added facilities in Oklahoma, Illinois, Michigan, Pennsylvania, and Texas, serving customers globally.
Forward-looking statements: Certain statements in this release, including, but not limited to, those preceded by or predicated upon the words "anticipates," "appears," "available," "believe," "can," "consider," "expects," "forever," "hopes," "intends," "plans," "projects," "pursue," "should," "wishes," "would," or similar words may constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company, or industry results, to differ materially from any future results, performance or achievements expressed or implied herein. Such risks, uncertainties and factors include the factors discussed above and, among others: general economic and business conditions, including any global economic downturn; government policy or low hydrocarbon prices that stifle domestic investment in energy; competition from foreign imports, including any impacts associated with dumping or the strength of the U.S. dollar; political or social environments that are unfriendly to industrial or energy-related businesses; changes in manufacturing technology; banking environment, including availability of adequate financing; worldwide and domestic monetary policy; changes in tax rates and regulation; regulatory and permitting requirements, including, but not limited to, environmental, workforce, healthcare, safety and national security; availability and cost of adequate qualified and competent personnel; changes in import / export tariff or restrictions; volatility in raw material cost and availability for the Company, its customers and vendors; the cost and availability, including time for delivery, of parts and services necessary to maintain equipment essential to the Company's manufacturing activities; the cost and availability of manufacturing supplies, including process gasses; volatility in oil, natural gas and power cost and availability; problems associated with product development efforts; appraised values of inventories that can impact available borrowing under the Company's credit facility; declaration of material adverse change by a lender; industry capacity; domestic competition; loss of, or reductions in, purchases by significant customers and customer work stoppages; work stoppages by critical suppliers; labor unrest; conditions, including acts of God, that require more costly transportation of raw materials; accidents, equipment failures and insured or uninsured casualties; third-party product liability claims; flood, tornado, winter storms, and other natural disasters; customer or supplier bankruptcy; customer or supplier declarations of force majeure; customer or supplier breach of contract; insurance cost and availability; lack of insurance coverage for floods; the cost associated with providing healthcare benefits to employees; customer claims; supplier quality or delivery problems; technical and data processing capabilities; cyberattack on our information technology infrastructure; world, domestic or regional health crisis; vaccine mandates or related governmental policy that would cause significant portions of our workforce, or that of our customers or vendors, to leave their current employment; global or regional wars and conflicts; and our ability to repurchase the Company's stock. The Company assumes no obligation to publicly update any such forward-looking statements.
- TABLES FOLLOW -
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SOURCE Webco Industries Inc | https://www.mysuncoast.com/prnewswire/2022/05/23/webco-industries-inc-reports-fiscal-2022-third-quarter-results/ | 2022-05-23T21:31:20Z |
Premiering today, award-winning journalist Amy Donaldson hosts the 8-part series that explores a 1996 murder in Salt Lake City - and looks at how one mother forgave her son's killer
Listen to the first episode HERE
LOS ANGELES, Sept. 6, 2022 /PRNewswire/ -- Lemonada Media, the podcast network that makes life suck less, and KSL Podcasts – the team behind the hit podcast COLD – today announced The Letter, a new original true crime podcast, hosted by award-winning journalist Amy Donaldson. This 8-part narrative series tells the story of the brutal murder of Zachary Snarr, which took place in Salt Lake City, UT, on August 28,1996. The Letter weaves a story of forgiveness, guilt, and what happens after the headlines die down and the real story begins.
A peaceful evening under the rising moon was shattered. A gunman walked down a mountain hillside, approached two friends, and pulled the trigger. Zachary Snarr died, but Yvette Rodier pretended to be dead until the gunman left. She crawled to the top of the hillside with bullet wounds in her head and leg and flagged down a passing car. The gunman's choice to shoot two people he'd never met rippled through so many lives – from the families of his victims to his own family. The ramifications rocked the community.
"Over the course of my career, I've written so many stories about how violence destroys lives," said host and journalist Amy Donaldson. "I feel incredibly grateful to have an opportunity to tell the story of how people rebuild their lives."
Throughout the show, Donaldson speaks with Zachary's family and friends, as well as Rodier, who survived the shooting. The gripping series takes a turn when it is revealed that Zachary's mother, Sy, forgave her son's killer.
"We are so fortunate to get to work with the incredible team at KSL. We share an ethos of applying our core values to the work we create, and when we received The Letter for consideration, we were honored. It's been a joy to watch the KSL team work, and we're thrilled to present this series to the masses," shares Lemonada CEO and co-founder, Jessica Cordova Kramer.
"The story behind The Letter is so powerful. The themes of redemption, the journey through grief and forgiveness are rarely told in a true crime podcast," said Tanya Vea, Executive Vice President, Bonneville International Corporation and KSL. "We are thrilled to partner with the talented Lemonada team to bring this powerful story to listeners."
The Letter is also presented in partnership with Workhouse Media, a leading audio first multi-platform talent and content management and production company. The Letter is now available on all major podcast platforms – subscribe to listen HERE.
Founded in 2019 by Jessica Cordova Kramer and Stephanie Wittels Wachs, Lemonada is an award-winning, independent, audio-first podcast network, with a mission to make life suck less. The company is also the creator of the audio reality™ podcast genre, and launched BEING Studios, where reality TV meets podcasting. Lemonada has created hit series including the Gracie award-winning podcast Last Day, In the Bubble with Andy Slavitt, V. Interesting with V Spehar, No One Is Coming to Save Us, Our America with Julián Castro, Add to Cart with Kulap Vilaysack & SuChin Pak, Believe Her and The Untold Story with Jay Ellis. Lemonada's roster of guests has included an array of luminaries from across the entertainment, media, politics and science worlds.
With over sixty-five million downloads, KSL Podcasts produces chart topping podcasts including COLD and Hope in Darkness. KSL Podcasts is owned and operated by Bonneville International Corporation. Bonneville International is an integrated media and marketing solutions company dedicated to building up, connecting, informing and celebrating families and communities. Founded in 1964, Bonneville currently operates radio and TV stations, local websites, podcasts and other digital distribution assets in six western U.S. markets. Headquartered in Salt Lake City, Bonneville is a subsidiary of Deseret Management Corporation, a for-profit arm of The Church of Jesus Christ of Latter-day Saints. For more information about Bonneville International, please visit www.bonneville.com.
Amy Donaldson is an award-winning journalist who spent the first 28 years of her career as a print reporter covering everything from high school sports to crime and corrections. She co-hosted a high school sports radio show for 12 years and started podcasting in 2016 as the co-host of the Voices of Reason podcast. She moved to KSL Podcasts in March of 2021 where she co-hosted Talking Cold, a companion podcast to the award-winning COLD Podcast. Married with six children and five grandchildren, she is a dog lover, aspiring pickleball player, avid hiker and trail runner.
Workhouse Media, Inc. is a leading audio first multi-platform talent + content management and production company with clients and partnerships working across radio, podcasting, television and digital.
For sponsorship opportunities, contact: dawn@lemonadamedia.com. For press inquiries, contact: Lemonada@metropublicrelations.com. For more information on Lemonada and its podcasts, please visit www.lemonadamedia.com.
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SOURCE Lemonada Media | https://www.mysuncoast.com/prnewswire/2022/09/06/lemonada-media-partners-with-ksl-podcasts-launch-letter-true-crime-podcast-that-details-healing-after-tragedy/ | 2022-09-06T22:08:29Z |
WASHINGTON, Sept. 12, 2022 /PRNewswire/ -- U.S. Department of Justice (DOJ) Antitrust Division trial lawyer Ryan Sandrock has moved to Shook, Hardy & Bacon as co-chair of the firm's Antitrust Practice, effective September 12, 2022. Expanding Shook's antitrust capabilities, Sandrock will focus on litigation, transactions, investigations, and counseling with a competition or consumer protection nexus.
"Ryan brings a wealth of experience in complex antitrust litigation for technology, consumer and healthcare companies," said Shook Chair Madeleine McDonough. "In addition to his trial strength, he provides a strategic outlook for clients in this increasingly active and important area of law."
For more than two years, Sandrock served as a Digital Markets Trial Attorney in the DOJ's Antitrust Division. His most notable DOJ work included United States v. Google, United States v. UnitedHealth Group, and United States v. United States Sugar Corporation, as well as confidential civil and criminal matters.
Before joining DOJ, Sandrock was an antitrust partner in Sidley Austin's San Francisco office. He secured wins for life sciences and technology clients in antitrust cases in the Northern District of California and around the country. He also litigated FTC consumer protection matters as well as antitrust and non-antitrust consumer class actions.
"Companies are having to think about antitrust more than ever before," said Sandrock. "There is a dramatic increase of enforcement and private litigation and the possibility of antitrust legislation that would overhaul the Sherman Act. I'm really excited to bring my DOJ insight to Shook's team, which is renowned for its reputation in counseling and trial strategy."
Sandrock earned his law degree from the University of Chicago Law School and his A.B. from Harvard University. He is also an adjunct professor at Hastings Law School, where he co-teaches Antitrust and Intellectual Property. He has written for a wide range of publications on antitrust-related topics, including pieces on the direct purchaser rule, refusal to deal standards, and predatory pricing claims.
Shook's Antitrust Practice includes counsel formerly with the Department of Justice and the Federal Trade Commission, among other government agencies. This team is positioned to analyze antitrust issues, advise companies on investigation and enforcement, and develop strategies to protect some of the country's best known brands. Shook attorneys who advocate for clients in this area include Michael Cargnel, Gary Miller, Lynn Murray, Laurie Novion, Patrick Oot and Joseph Rebein. In 2021, the firm also welcomed Elliott Davis, a seven-year veteran of the DOJ, where he served as the principal deputy to the Assistant Attorney General for the Civil Rights Division. Sandrock will divide his time between Shook's San Francisco and Washington, D.C., offices.
"We've known Ryan and his outstanding trial capabilities for many years," said Shook Partner Lynn Murray, who will co-chair Antitrust with Sandrock. "We're delighted to bring him on board to expand our antitrust group and lead us to the next level of antitrust litigation and counseling services for clients."
Founded in 1889, Shook, Hardy & Bacon L.L.P. has 18 offices in the United States and London, with attorneys and professional staff serving clients in the health, science and technology sectors in areas ranging from product liability defense and business litigation to intellectual property prosecution and litigation, environmental and toxic tort, privacy and data security and regulatory counseling.
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SOURCE Shook, Hardy & Bacon L.L.P. | https://www.wibw.com/prnewswire/2022/09/12/shook-taps-doj-litigator-lead-antitrust-group/ | 2022-09-12T15:50:22Z |
MIAMI, Aug. 29, 2022 /PRNewswire/ -- Brand Institute is proud to announce its work with Mayne Pharma in developing the brand name HALOETTE®.
HALOETTE® (etonogestrel and ethinyl estradiol) is a combined hormonal vaginal contraceptive flexible ring (a generic version of NUVARING®) that is indicated for use by females of reproductive age to prevent pregnancy. HALOETTE® is expected to be launched in the U.S. market in early 2023.
Mayne Pharma is an ASX-listed specialty pharmaceutical company focused on commercializing novel and generic pharmaceuticals. Mayne Pharma offers patients better, safe, and more accessible medicines.
HALOETTE® was approved by the FDA on August 5, 2022. HALOETTE® is a registered trademark of Novalon SA, a Mithra Pharmaceuticals company.
"The entire Brand Institute and Drug Safety Institute Team congratulates Mayne Pharma on the FDA approval of HALOETTE," said Brand Institute's Chairman and C.E.O., James L. Dettore.
Brand Institute is the global leader in pharmaceutical and healthcare-related name development, with a portfolio of over 4,000 marketed healthcare brand names, 1,300 USAN/INN nonproprietary names for 1,200 clients. The company partners on over 75% of pharmaceutical brand and nonproprietary name approvals globally every year with healthcare manufacturers. Drug Safety Institute is composed of former naming regulatory officials from global government health agencies, including Food and Drug Administration (FDA), European Medicines Agency (EMA), Health Canada (HC), American Medical Association (AMA), and the World Health Organization (WHO). These regulatory experts co-authored the name review guidelines while with their respective agencies, with many responsible for ultimately approving (or rejecting) brand name applications. Now working for a private company, these professionals provide Brand Institute's clients with industry-leading guidance pertaining to drug name safety (i.e., preventing medication errors), packaging, and labeling.
Contact:
James Dettore
Chairman & C.E.O.
jdettore@brandinstitute.com
www.brandinstitute.com
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SOURCE Brand Institute, Inc. | https://www.kxii.com/prnewswire/2022/08/29/brand-institute-partners-brand-name-development-fda-approved-hormonal-contraceptive-ring-prevention-pregnancy/ | 2022-08-29T14:27:26Z |
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Board now includes the former Chief Medical Officer of the U.S. Department of Health and Human Services and both the Chair and Vice Chair of Psychiatry at Houston Methodist Hospital
AUSTIN, Texas , April 21, 2022 /PRNewswire/ -- Mindbloom, a leader in psychedelic therapy, today announced the expansion of their medical advisory board to include Vanila Singh, MD MACM, former Chief Medical Officer of the US Department of Health and Human Services. Singh is joined by Benjamin Weinstein, MD and Alok Madan, PhD, MPH, both from Houston Methodist Hospital, who are also joining the board at this time.
These three join Teddy Akiki, MD and Cameron Sepah, PhD, along with Mindbloom's medical director Leonardo Vando, MD, science director Casey Paleos, MD and psychiatric nurse practitioner advocate Kristin Arden, PMHNP-BC on the board.
The members of the Medical Advisory Board advise Mindbloom on the safe, responsible, and science-backed administration of ketamine therapy for those in need. "We believe that science and data should light the way when it comes to ketamine therapy," said Dylan Beynon, CEO of Mindbloom. "The expertise and experiences of Dr. Singh, Dr. Weinstein, and Dr. Mada will be invaluable as we develop the gold standard in psychedelic therapy."
The Medical Advisory Board will support Mindbloom in the expansion of Mindbloom's programs to treat new indications and issues as well as the ability to offer new medical treatments. They will also ensure that Mindbloom's treatment programs are administered safely and effectively by helping to refine clinical practice guidelines on key medical practice issues.
Dr. Vanila Singh: Facilitating Public Policy and Responsible Access
With over 25 years of experience in the medical field, Dr. Singh's work was integral in shaping opioid policy at the U.S. Department of Health and Human Services (HHS). As such, she will provide a critical perspective on issues of diversion and abuse for Mindbloom. Dr. Singh is the former Chief Medical Officer of the HHS, where she served as Acting Regional Health Administrator of the western U.S. as well as Chairperson of the highly regarded Pain Management Task Force in conjunction with the Department of Defense and Veterans Affairs. Dr. Singh has spent over 18 years at the Stanford University School of Medicine as a Clinical Associate Professor and also serves as a teaching mentor at the Walter Reed National Military Medical Center. Dr. Singh is double board-certified in pain management and anesthesiology.
"America is facing a mental health crisis that needs to be acknowledged and addressed immediately," said Dr. Singh. "Mindbloom and its more accessible approach to treatment with the vital combination of medicine, tele-coaching, and care with clinical precision will bring much needed methods to tackle this crisis head on."
Dr. Benjamin Weinstein: Increasing Access To Effective Treatment
Dr. Weinstein is the Chair of Psychiatry and Chief of Service at Houston Methodist Hospital. He is also the C. James and Carole Walter Looke Presidential Distinguished Centennial Clinical Academic Scholar in Behavioral Health and a Clinical Professor at UT McGovern Medical School. He is board certified in Psychiatry and eligible Neurology with 23+ years of experience in the medical field. As part of the advisory board, he will provide a knowledgeable and credible perspective on the practice of clinical psychiatry and the importance of increasing access to treatment.
"Mindbloom can play a transformative role in mental health by safely providing industry-leading outcomes and increasing affordability of ketamine therapy to people anywhere in the country," said Dr. Weinstein. "I am thrilled to be a part of Mindbloom's advisory board, guiding and supporting the company as it aims to increase access to effective mental health treatments, an area that I am most passionate about."
Dr. Alok Madan: Advancing Research and Clinical Outcomes
With more than 15 years of experience in formal training, direct patient care, clinic management and research to improve neuropsychiatric care, Dr. Madan is Vice Chairman, Department of Psychiatry and John S. Dunn Foundation Distinguished Centennial Clinical Academic Scholar in Behavioral Health at Houston Methodist. He is also Professor of Psychology in Neurosurgery at Houston Methodist Academic Institute and Professor of Psychology in Clinical Psychiatry at Weill Cornell Medical College. He has extensive experience in the implementation and evaluation of programs to improve care quality. He has led efforts to improve the safety of inpatient psychiatric care, implement outcomes assessment systems, evaluate the effectiveness of integrated psychiatric treatment for individuals with severe neuropsychiatric illness as well as identify biomarkers of illness and response to treatment.
"I agreed to join Mindbloom's Medical Advisory Board after reviewing the remarkable clinical outcomes that our clients have experienced from remote ketamine therapy," said Dr. Madan. "In fact, I'm so impressed with and truly believe in Mindbloom's mission, that I working closely with the team to further advance research and increase access to this innovative mental health treatment."
For more information about Mindbloom and its approach to psychedelic medicine, visit www.mindbloom.com.
About Mindbloom, Inc.
Mindbloom is a leader in psychedelic therapy, offering a combination of science-backed medicine with coaching, content, and clinical precision for people looking to improve their mental health and wellbeing. Founded by 3-time tech entrepreneur Dylan Beynon, Mindbloom aims to address the mental health crisis through at-home psychedelic therapy. This approach results in strong clinical outcomes and increased access to affordable treatment. For more information, visit www.mindbloom.com.
Media Contact
press@mindbloom.com
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SOURCE Mindbloom | https://www.wibw.com/prnewswire/2022/04/21/psychedelic-therapy-leader-mindbloom-expands-medical-advisory-board/ | 2022-04-21T14:27:29Z |
NEW YORK, May 31, 2022 /PRNewswire/ -- Saks Fifth Avenue, the premier destination for luxury fashion, unveiled its Pride campaign today titled, "Show Your Pride," which celebrates the LGBTQ+ community, spotlighting notables and their stories. Saks is also supporting the LGBTQ+ community through a partnership with the Stonewall Inn Gives Back Initiative (SIGBI) for the fourth consecutive year, with a cumulative donation of $245,000. The 2022 Pride campaign includes digital content on Saks.com and social channels, in-person and virtual events and a dedicated window installation at the Saks Fifth Avenue New York flagship location.
Partnership with the Stonewall Inn Gives Back Initiative
Saks continues to support the Stonewall Inn Gives Back Initiative, an organization paving the way for the LGBTQ+ community with the goal of eliminating the social intolerance that is profoundly impacting the lives of citizens across the world. This is the fourth consecutive year of the partnership and in 2022, Saks' support will directly benefit the evolution of the Stonewall Inn's Safe Spaces program. This impactful program identifies and certifies safe spaces that provide freedom for the LGBTQ+ community to love and express themselves across the country.
"At Saks, we understand the importance of allyship and are honored to stand with our LGBTQ+ employees, customers and partners. We're committed to advocating for equal rights for all members of the LGBTQ+ community, which is why we've chosen to continue supporting SIGBI's impactful work," said Marc Metrick, CEO, Saks. "The LGBTQ+ community plays an integral role in fashion, and we're proud to lend our platform to amplify awareness of the community's contributions across our industry. Even more so, we believe it's important to lend our voice in the ongoing fight for LGBTQ+ rights."
"It's so important for iconic brands like Saks to take a stand given that the rights of the LGBTQ+ community are at stake," says Stacy Lentz, CEO and Co-Founder of SIGBI. "The generous donation from Saks, and their continued alliance, helps further awareness of our mission to protect the rights of the LGBTQ+ community. We couldn't be more proud to work together again and thank them for their partnership."
"Show Your Pride" Campaign
Uplifting members of the LGBTQ+ community, Saks is featuring singer and drag performer Adore Delano, designer Christian Cowan, actress Dominique Jackson and comedians Jes Tom and Sam Jay on social media, the Saks website and The Edit, the Saks editorial hub for fashion news and style inspiration. On the Saks TikTok channel, influencer Emira D'Spain (@xoxoemira) is hosting a "Get Ready With Me" style video and on the Saks Instagram page, Dominique Jackson is featured in a Reels video; both wearing looks found on Saks.com.
Three Saks Live events in celebration of Pride Month will be hosted throughout June by campaign stars Adore Delano, Sam Jay and Dominique Jackson.
In addition to the digital components, the Saks Fifth Avenue flagship windows are being transformed to create a deconstructed pride flag. A stunning ribbon sculpture will flow throughout the center six windows, which will be on view from June 2 to June 16. Saks is also hosting a private Pride-themed variety night with SIGBI at Le Chalet at L'Avenue at Saks on June 8 featuring a special performance by Joel Kim Booster, star of the upcoming summer film Fire Island and his one hour Netflix special Psychosexual.
ASSETS
For Pride campaign images and video click here. All assets courtesy of Saks.
ABOUT SAKS FIFTH AVENUE
Saks Fifth Avenue is the premier destination for luxury fashion, driven by a mission to help customers express themselves through relevant and inspiring style. Since 1924, it has delivered one-of-a-kind shopping experiences, featuring an expertly curated assortment of fashion and highly personalized customer service. Saks Fifth Avenue's unique approach combines an emphasis on the digital customer experience with a strong connection to a network of 41 extraordinary stores across North America for seamless, all-channel shopping. Shop on saks.com and the Saks app, or visit saks.com to find a Saks Fifth Avenue store location near you. Follow @saks on Instagram, TikTok, Facebook and Twitter, and @thesaksman on Instagram.
ABOUT STONEWALL INN GIVES BACK INITIATIVE
The Stonewall Inn Gives Back Initiative is the official non profit of the historic Stonewall Inn spreading the Stonewall Legacy to the Places, Spaces and Faces that need it the most. The Stonewall Inn Gives Back Initiative is committed to eliminating the social intolerance that is profoundly impacting the lives of LGBTQ+ citizens throughout America and abroad. Through awareness campaigns, educational programming, fundraising and candid public dialogue, we support grassroots organizations scattered across the Globe and especially those in communities where progress toward equality has been slow and the negative impact of ongoing acts of discrimination and harassment can no longer be tolerated. In addition, The Stonewall Inn Gives Back Initiative (SIGBI) has developed its SIGBI Safe Spaces certification to identify entertainment venues, Food and beverage locations, Stores, Businesses and other Public venues, as Safe Spaces for LGBTQ+ members of the community. The standards and certification process has been designed by the community in some of the most difficult areas in the country to be LGBTQ+ and by some of the most marginalized individuals in the LGBTQ+ community.
CONTACT: Phoebe Lasky, phoebe.lasky@saks.com
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SOURCE Saks Fifth Avenue | https://www.mysuncoast.com/prnewswire/2022/05/31/saks-fifth-avenue-celebrates-lgbtq-community-honor-pride-partners-with-stonewall-inn-gives-back-initiative-fourth-consecutive-year/ | 2022-05-31T15:16:32Z |
Volkswagen is coming for Tesla. Here’s how it plans to dominate the US market
By Nicole Goodkind, CNN Business
Volkswagen is gunning for Tesla.
Tesla is still king, with over 936,000 electric vehicles sold in 2021 and a share of about 14% of the global electric car market. But Volkswagen isn’t far behind. having grabbed about 11% of the market last year and doubled its EV sales compared with 2020.
Now, the company is making a push to take the top spot. Volkswagen will say goodbye to the internal combustion engine and phase out all gasoline-powered vehicles from its US line-up within the next decade. From then on, it will sell only electric cars.
The company plans to spend more than $7 billion over the next five years to boost its research and development and manufacturing capabilities in North America. Its new Battery Engineering Lab in Chattanooga, Tennessee, starts operations in May.
Volkswagen officials say they see a North American market opening and they’re ready to take it, geopolitical and inflationary headwinds be damned.
CEO and President of Volkswagen Group of America Scott Keogh spoke to CNN Business’ Nicole Goodkind about the auto landscape while unveiling the company’s new electric, VW Bus-inspired ID.Buzz minivan at the New York International Auto Show last week.
This interview has been condensed and edited for clarity.
Volkswagen is making a big push in North America, looking at the auto landscape here — where do you fit in?
Keogh: Our competitors are Subaru, Toyota, and Honda– the mainstream imports. Historically, we’ve been there, but we got lost in the wilderness for a long time, but we’re back and that’s where we belong.
What about in terms of your electric vehicles?
Keogh: Electrification is our chance to skip the line a little bit. We invested early in electrification, we have factories set up, and we can accelerate now. This is the chance of a lifetime for us. I have always admired Elon Musk and Tesla, he said ‘make a cool car and good things happen.’ People don’t buy electric vehicles because they want to feel good or because they want to help society, most of them just want to buy a cool car. I think Elon Musk did that, and he executed, and you’ve got to admire that. We’re taking that cool car factor and scaling it up, the Volkswagen way.
What are some of the problems Volkwagen is facing in the US?
Keogh: We were irrelevant and unliked.
We were late to SUVs, we were selling basically European cars and we missed it. The second thing is the TDI fiasco [in 2017, a federal judge ordered Volkswagen to pay a $2.8 billion criminal fine for “rigging diesel-powered vehicles to cheat on government emissions tests.”] that made us unloved and disliked. We’ve been working our tails off to rectify that.
We went from 14% of our cars being SUVs to 70%, we’re getting more relevant, and those vehicles are making us more liked. We’re profitable for the first time in decades.
How have supply chain kinks hurt your auto supply?
Keogh: The way this industry used to be is you’d have a one hundred day supply of cars on the ground, and you’d spend 10% to 12% of the manufacturer’s suggested retail price [MSRP] discounting those cars. Consumers would run around from six to seven dealers looking for the lowest price. It was a massive way of destroying value. Today, because of supply chain challenges, we have less than a 10-day supply of cars on the ground and you’re spending none of the MSRP on incentives. It’s a massive structural change and a lot of it is good.
But is that temporary?
Keogh: More supply will come, but I honestly believe that there’s no way it’s going to go back. There are structural changes that need to be made in terms of increasing production of semiconductors and it will take years and years and years before we have an adequate supply. Cars that used to have hundreds of chips now have more than 5000 semiconductors in them because of the added consumer electronics. I don’t see this shortage being fixed quickly, and that’s assuming the world is going to stay normal, or just semi-chaotic.
So how do you deal with metal shortages, the nickel and lithium needed to power your batteries?
Keogh: From a strategic point of view there’s only one choice. The automotive industry used to be vertically integrated across the board. Then Wall Street jumped in and said ‘we only want you to have the peak of the margin’ and then chunks of the industry got outsourced. That was beautiful for us, we sat in our factory and things arrived. Now things are reversing, and on things like semiconductors and batteries we need to go way, way deeper.
So you see the manufacturing landscape in America changing?
Keogh: The upside is that it’s all going to happen in the US locally because it’s too expensive and risky to be shipping tons of cobalt and lithium across the ocean. This takes America back to when we said we want to be Apple and not Foxconn — we were going to focus on design jobs, engineering jobs and software jobs, but someone else would make the product. That’s not going to be possible with batteries, you can’t ship something that weighs a couple of thousand of pounds for 15 million cars from China, it’s going to be a transformation.
Is de-globalization a trend that’s here to stay?
Keogh: Oh, 100%. Just look at what we’ve been doing at Volkswagen. Our shortcomings in my opinion, were that we used to be a sales and marketing entity that sold German vehicles. Now we’re a fully industrialized company that has our own factories and our own purchasing department. About 92% of the vehicles we sell in the US are made in our factories in Mexico and Tennessee, and 85% of the material in the car is local from American suppliers. This de-risks a lot of potential logistical problems for us.
How do you find people to work on your battery technology? Are you having trouble staffing?
Keogh: We’re working with Tennessee governor Bill Lee to introduce more technical training around our Chattanooga factory. I think some of the shortcomings of the American system revolve around college and debt, but there are other ways of looking at a career and we’ve had decent success on that front. A big challenge in America right now is we’ve moved into such a service economy. But if you want to look at your industrialization, we make maybe a half a million batteries in America right now, we’re gonna need to make nine million batteries. That’s hundreds of factories, and to get the talent in there, into the factories, will be transformational.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/19/volkswagen-is-coming-for-tesla-heres-how-it-plans-to-dominate-the-us-market/ | 2022-04-19T19:50:05Z |
Contract Addresses Members' Top Priorities; Provides Wage Increases and Maintains Strong Benefits
WASHINGTON, Aug. 26, 2022 /PRNewswire/ -- Teamsters at DHL have overwhelmingly ratified a new national contract that provides significant wage increases, improves working conditions, and maintains strong member benefits.
Ballots were counted throughout the week, and the national contract was ratified by an overwhelming percentage of the membership. All the various supplemental agreements were approved as well.
"This contract was all about putting members first. We went into negotiations prepared to win the strongest agreement ever at DHL, and we succeeded," said Sean M. O'Brien, Teamsters General President and Chairman of the Teamsters National DHL Negotiating Committee. "Last year this company made record profits, and we demanded that our members share in the success."
The new agreement is the most lucrative national master agreement at DHL in the union's history, with significant wage increases across all classifications—for both full-time and part-time workers—retroactive to April 1.
"In all my years negotiating on behalf of DHL workers, this national agreement is the strongest one we've ever secured. We made significant increases to wages while maintaining strong benefits and improving working conditions," said Bill Hamilton, International Vice President and Co-Chairman of the Teamsters National DHL Negotiating Committee. "This contract and its supplements will allow workers to do even better at DHL—with the pay, benefits, and working conditions they deserve."
In addition to historic wage increases, the tentative agreement maintains workers' health and welfare plans and pension plans through increases in employer contributions.
Other highlights include the addition of MLK Day as an observed paid holiday; an increase of paid holiday leave for part-time workers; improved ability to take paid funeral leave; reimbursement for all required CDL costs; stronger seniority protections for day-to-day cutting of routes; and protections against inward-facing cameras in delivery vehicles.
The Teamsters also maintained the Cost-of-Living Adjustment (COLA), which could result in additional significant wage increases next year above and beyond the contractually required increases. The new agreement contains no givebacks or concessions.
Founded in 1903, the International Brotherhood of Teamsters represents 1.2 million hardworking men and women throughout the United States, Canada, and Puerto Rico. Visit www.teamster.org for more information. Follow us on Twitter @Teamsters and "like" us on Facebook at www.facebook.com/teamsters.
Contact:
Daniel Moskowitz, (770) 262-4971
dmoskowitz@teamster.org
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SOURCE International Brotherhood of Teamsters | https://www.kxii.com/prnewswire/2022/08/26/dhl-teamsters-overwhelmingly-ratify-national-contract/ | 2022-08-26T23:58:30Z |
Phase 1 of NIH-SBIR Grant project is complete
ANN ARBOR, Mich., July 7, 2022 /PRNewswire/ -- Today Xoran Technologies announces that it has completed the Phase 1 milestones of the SBIR project, funded by the NIH and NINDS to demonstrate feasibility of a highly portable and affordable cranial computed tomography perfusion (CT-P) device. "We are proud of this milestone and grateful to NIH and NINDS for their support," states William van Kampen, Xoran CTO and principal investigator on the project. "Our goal is that in the future this technology will help expedite the front-line evaluation and triage of cerebral stroke victims."
In 2020 Xoran received this Small Business Innovation Research (SBIR) grant award from the National Institutes of Health (NIH) and the National Institute of Neurological Disorders and Stroke (NINDS). The aims of Phase 1 were both to develop a compact, fast-rotating gantry and to confirm time-resolved contrast imaging feasibility—all to be incorporated in a future device compact enough to be transported by two or less people in a mid-sized civilian or military vehicle, or an ambulance.
"What we know about stroke is that 'time is brain.' Previously we had few effective therapies for stroke, but in the recent years we have developed extremely robust and successful therapies, as long as we can diagnose and treat the problem in its very early stages. That is why this project is so exciting," says neurosurgeon William Gormley, MD, MPH, MBA. "Expanding access by setting-up mobile CT-Perfusion scanners that can potentially be deployed in existing ambulances and directly reach affected patients where they are first seen, changes everything. The rapid screening, early detection and diagnosis of cerebral ischemia means we will be able to reverse strokes, save more brain and prevent major morbidity and mortality from this devastating disease."
Indeed, the combined tens of thousands of ambulances, urgent care centers, and homes for elder care in the United States alone could benefit from an affordable point-of-care CT-P device. Deploying this future device in cities and rural areas means many more individuals suffering from acute stroke can be rapidly evaluated and treated within the beneficial window, thereby reducing disability and improving functional independence and quality of life for affected individuals.
Complementary to this project is a patent that Xoran recently received for a modular computed tomography (CT) system assembly. "This revolutionary cone beam CT configuration paired with our twenty-and-counting current patents unlocks a plethora of new capabilities. The technology is just the beginning of a new generation of Xoran's point-of-care (POC) imaging devices," explains Misha Rakic, Xoran CEO. "In the future, this advancement means that ultra-compact CT can fit into existing ambulances without the need for a dedicated mobile stroke unit for early stroke detection. It could also be used by first responders in front-line and natural disaster scenarios as well as by military in the battlefield. The possibilities for highly deployable head CT are virtually limitless."
Over 795,000 individuals suffer from strokes each year in the U.S. alone. When an individual is suffering from acute stroke, time is of the essence; however, it is critically important to assess the type of stroke as well as the amount and location of potentially recoverable brain tissue to determine the appropriate treatment routing and priority to achieve the best outcome for that individual.
Since 2001, Xoran has been the pioneer and market leader in medical point-of-care cone beam CT systems. Last year, Xoran celebrated its 20th anniversary, a significant milestone within the ENT and allergy community. Xoran's flagship product, MiniCAT—a low dose upright CBCT solution, is a vital in-office tool for otolaryngologists to identify and diagnose sinus and ear disease directly where the clinician is seeing the patient. Today there are over 1,000 Xoran CT systems installed globally.
Xoran is based in Ann Arbor, Michigan. For more information visit www.xorantech.com
© 2022 Xoran Technologies, LLC
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SOURCE Xoran Technologies, LLC | https://www.kxii.com/prnewswire/2022/07/07/xoran-announces-milestone-towards-future-ct-perfusion-device/ | 2022-07-07T18:26:53Z |
Greater Canton Amateur Billiard Association to induct five into hall of fame
The Greater Canton Amateur Billiard Association will induct five new members at its 27th annual Hall of Fame Induction Ceremony on Sunday, Oct. 2.
The induction will be at Chateau Michele in Canton. Tickets are available at Clark & Son Billiard Supply in Canton through Sept. 23. More information is available at www.gcaba.org.
This year's class consists of Mario Cilitti, Steve Dickson, Mike Johann, Bill Miller and Tommy Porter.
Mario Cilitti
Cilitti has long been regarded as one of the finest and most respected players to come from Northeast Ohio. Three weeks after winning the 1990 Shamrock Shootout at the age of 21, Cilitti shocked the pool world by defeating reigning World Champion Earl Strickland in the Ohio State Open, which Strickland had won two previous years. Cilitti finished third in the professional event ahead of several former world champions.
2021 GCABA class:Greater Canton Amateur Billiard Association to induct four in Hall of Fame
Steve Dickson
Dickson started playing pool as a young man in the Akron area but didn't become serious about the game until the 1990s, playing in and winning larger tournaments around the region. Dickson also traveled the region with several road players from the area, including GCABA Hall of Famer John Maki.
2020 GCABA class:Greater Canton Amateur Billiard Association to welcome four to hall of fame
Mike Johann
Johann came up through the ranks of the Massillon Tavern Pool League like so many of the area's top players. Johann became a fixture in that league for almost two decades, winning three league MVP awards while being on four championship teams. He also had success in the VNEA Silver and Gold divisions, individually winning singles MVP and year-end tournaments.
Bill Miller
Miller operated the Hideaway Lounge in downtown Massillon from 1985-2018. He originally had to be convinced to add a pool table to the lounge, which would go on to house some of the area's best teams and players. Miller sponsored teams that would dominate the Massillon Tavern Pool League during the 1990s. He also was involved with league organizational meetings and finances.
Tommy Porter
Porter is one of the area's most recognizable and liked players. He also is a product of the Massillon Tavern Pool League, which he has played in for more than 30 years. Porter was a member of the 1997 Massillon Tavern Pool League Championship from the Reedurban Tavern and a third-place team in the OCMA VNEA State 8-Ball Championships. | https://www.cantonrep.com/story/sports/2022/09/09/greater-canton-amateur-billiard-association-hall-of-fame-cilitti-dickson-johann-miller-porter-2022/67512762007/ | 2022-09-09T08:07:37Z |
Schools face teacher shortage
(CNN) - Students are heading back to school – but not all teachers are.
Some U.S. schools can’t hire enough qualified teachers to fully staff their classrooms.
So many educators have left the profession, it’s causing shortages in some districts.
The education secretary said communities need to take action now.
“We’re at the doorstep of a crisis,” Education Secretary Miguel Cardona said. “If we don’t take it seriously, we’re going to be facing what we were experienced during the omicron spread.”
Some Florida schools are so desperate, the governor wants to recruit military veterans and others who don’t have education degrees.
“We also want to include first responders who have their bachelor’s degree to become teachers,” Florida Gov. Ron DeSantis said.
And it’s not just teachers. Bus drivers can be hard to hire these days.
In a district near Milwaukee, Wisconsin, one principal and athletic director are applying for commercial drivers licenses to help.
“We had to find creative ways to get our athletic teams to events,” said Jeff Behrens, athletic director for Pewaukee Schools.
So why are educators leaving the field? Some experts cite COVID-19, and the federal government has taken action to try to make schools safer.
“We are sending out tens of millions of tests to school districts and Congress … allocated tens of billions of dollars to schools for improving ventilation,” said Dr. Ashish Jha, White House COVID response coordinator.
Others cite diminished control as lesson content becomes politicized.
Education is also a demanding field with comparatively low pay.
Last year, public school teachers made almost 24% less than other college graduates, the Economic Policy Institute said.
“Teachers have to get other jobs. They’re driving Uber on the weekends,” Cardona said.
Some educators said they also feel a lack of respect and appreciation.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/17/schools-face-teacher-shortage/ | 2022-08-17T14:34:25Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Homology Medicines, Inc. ("Homology") (NASDAQ: FIXX) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between June 10, 2019 and February 18, 2022.
If you suffered a loss on your investment in Homology, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/homology-medicines-inc-loss-submission-form?prid=25747&wire=4
ABOUT THE ACTION: The class action against Homology includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had overstated the efficacy and risk mitigation of its lead product candidate, HMI-102; (ii) accordingly, it was unlikely that the Company would be able to commercialize HMI102 in its present form; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: May 24, 2022
Aggrieved Homology investors only have until May 24, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-homology-investors-lead-plaintiff-deadline-may-24-2022/ | 2022-04-11T11:56:34Z |
- The study concluded that elevated levels of two proteins help predict how a person will recover from a traumatic brain injury (TBI), providing important information to determine appropriate care
- Researchers used Abbott's i-STAT™ TBI Plasma test – the only FDA-cleared rapid test on a portable analyzer for concussion – and Abbott's core laboratory ARCHITECT instrument to measure two biomarkers in blood plasma associated with brain injury
ABBOTT PARK, Ill., Aug. 11, 2022 /PRNewswire/ -- A new study published in The Lancet Neurology demonstrates the ability of two blood-based biomarkers to predict how someone will recover from traumatic brain injury (TBI). Testing for these two biomarkers in the immediate aftermath of an injury can help health care providers determine the best way to treat and care for patients.
This research shows that when a clinician conducts a blood test for these brain proteins soon after a possible injury, they quickly get a more accurate picture of how severe the injury is, the expected course of recovery and the longer-term implications of the TBI. The markers were measured using Abbott's i-STAT™ TBI Plasma test, as well as on the company's ARCHITECT core laboratory instrument using research prototype assays, both of which helped predict recovery.
Researchers measured levels of Glial Fibrillary Acidic Protein (GFAP) and Ubiquitin carboxy-terminal Hydrolase L1 (UCH-L1) present in blood plasma within 24 hours of injury. After testing biomarker levels on the day of injury, researchers evaluated patients six months later, tracking how individuals fared and how biomarker levels corresponded to their recovery.
"Brain injury biomarkers will one day be the standard of care to evaluate and treat patients," said Dr. Fred Korley, an associate professor of emergency medicine at the University of Michigan and the first author of the study. "Objective biomarker data can be profoundly helpful in determining prognosis for a patient, helping to gauge how severe a brain injury is, and can ultimately inform how best to counsel family members about care for their loved ones with brain injury."
In the study, researchers examined the day-of-injury blood tests of 1,696 patients with TBI and compared those to patients' six-month assessment, using the Glasgow Outcome Scale Extended, which grades outcomes and quantifies levels of disability following TBI. The researchers found that high values of the biomarkers, GFAP and UCH-L1, correlate with death and severe injury. The day-of-injury blood tests had a high probability of predicting death at six months, 87% for GFAP and 89% for UCH-L1; and a high probability of predicting severe disability at the same timepoint, 86% for both GFAP and UCH-L1.
GFAP and UCH-L1 are proteins found in glial cells and neurons and are released into the blood stream after the brain is injured. They can be measured with diagnostic testing. Abbott's i-STAT TBI Plasma test is the first rapid test on a portable analyzer to receive FDA 510(k) clearance and can help determine the need for a computed tomography (CT) scan. Test results are available approximately 15 minutes after a plasma sample is inserted in the test i-STAT cartridge.
Abbott is pursuing FDA clearance under Breakthrough Designation for the TBI test on its Alinity i and ARCHITECT core laboratory instruments, which will broaden access and ensure that tests are available both in the lab and in other settings where people need immediate answers and care. Abbott's TBI test on Alinity i is CE Marked and available outside the U.S.
The subjects for the study came from the Transforming Research and Clinical Knowledge in TBI (TRACK-TBI) study. TRACK-TBI collected and analyzed detailed clinical data from enrolled people across the injury spectrum at 18 U.S. level I trauma centers from February 2014 through August 2018. The TRACK-TBI research team were among the first to demonstrate how this rapid TBI blood test can be used for the benefit of TBI patients in clinical care.
Abbott's TBI blood test was developed in collaboration with the U.S. Department of Defense (DoD) – which has been dedicated to developing a solution for the objective detection and evaluation of TBI for more than a decade. The DoD, through U.S. Army Medical Research and Development Command's (USAMRDC) U.S. Army Medical Materiel Development Activity (USAMMDA), played a critical role in developing the test run on Abbott's i-STAT TBI platform.
About i-STAT™ TBI Plasma
The i-STAT™ TBI Plasma test measures the level of biomarkers associated with brain injury in the blood stream to assist in determining the need for a CT scan of the head. The i-STAT TBI Plasma test is used to help evaluate mild TBI and is only available for use on the i-STAT™ Alinity™ instrument. The test is to be used with plasma prepared from EDTA anticoagulated specimens in clinical laboratory settings by a healthcare professional. The i-STAT™ TBI Plasma test is not intended to be used in point-of-care settings. More information is available at www.globalpointofcare.abbott/en/product-details/apoc/istat-tbi-plasma.html
About i-STAT™ Alinity™
The i-STAT™ Alinity is an easy-to-use, portable blood analyzer that delivers real-time, lab-quality diagnostic test results. Health care professionals simply apply a few drops of blood into a cartridge, insert the cartridge into the analyzer and can view results within minutes. Results can then be transmitted wirelessly. More information is available at www.globalpointofcare.abbott/en/product-details/apoc/istat-alinity.html
About Abbott
Abbott (NYSE: ABT) is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 113,000 colleagues serve people in more than 160 countries.
Connect with us at www.abbott.com, on LinkedIn at www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews.
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SOURCE Abbott | https://www.mysuncoast.com/prnewswire/2022/08/11/new-study-shows-abbotts-blood-test-concussion-could-predict-outcomes-brain-injury-inform-treatment-interventions/ | 2022-08-11T14:26:38Z |
LANGLEY, Virginia — President Joe Biden lauded the CIA as the “bedrock of our national security” during a Friday visit to the agency, which also is part of the wide-ranging intelligence effort to support Ukraine’s resistance against Russia.
Biden marked the 75th anniversary of the agency’s founding after World War II. While at the headquarters in Virginia, he thanked the CIA for its work in Ukraine and called America’s intelligence officers “the best in the world.”
Predictions that Russia would invade Ukraine in February provided a public boost for spy agencies that are often criticized and facing new pressure to deliver insights on China and Russia. Biden authorized an unprecedented campaign to declassify findings that have been credited with helping build support for severe Russia sanctions and the ramp-up of military support to Kyiv.
“It was thanks to the incredible work of our intelligence professionals that we were able to inform the world what Vladimir Putin was planning in Ukraine,” Biden told the audience while standing in front of the agency’s memorial wall.
Biden came to the White House with a long history of receiving intelligence briefings, having served eight years as vice president and 36 years as a senator from Delaware, where he led the Senate Foreign Relations Committee and served on the Intelligence Committee when it was first created in the 1970s. The thing he missed most after leaving the vice presidency, he said, was reading the President’s Daily Brief, the compilation of the intelligence community’s top collection and analysis.
“I’ve been involved with your agency for not 75 years, but — I hate to admit it — 52 years,” Biden said to laughs from the officers gathered. “It’s very hard to say.”
Biden has reestablished a more traditional relationship with the CIA and other agencies after former President Donald Trump repeatedly cast doubt on intelligence findings and attacked what he alleged was a “deep state” of opponents.
Still, there were tensions last year concerning Afghanistan, with finger-pointing across the government during the fall of the American-backed government as the Taliban overran Kabul. Current and former intelligence officials worked frantically to evacuate Afghans who had helped the U.S. during the two-decade war.
Douglas London, a former CIA officer who has criticized the agency’s direction in recent years, said the Russia-Ukraine war has shown the CIA is on its way to becoming “an elite spy service again.”
“Its path to redemption has really been facilitated by Ukraine,” said London, author of “The Recruiter: Spying and the Lost Art of American Intelligence.”
Still, the U.S. intelligence community underestimated Ukraine’s ability to resist the Russian invasion and wrongly predicted Ukrainian President Volodymyr Zelenskyy’s government would fall within weeks.
The agencies are reviewing how they assess a foreign government’s perceived “will to fight” — an issue the U.S. also misjudged in Afghanistan last year when it believed President Ashraf Ghani’s government would hold out for months, only for Ghani to flee and the Taliban to take Kabul as the U.S. was trying to evacuate.
Sen. Angus King, a Maine independent who sits on the Senate Intelligence and Armed Services committees, said he’s pushed intelligence officials to review why there were “two significant breakdowns in a year.”
“The quality of the intelligence pre-invasion was excellent and absolutely world-class,” King said in a recent interview. “The problem was the assessment of what would happen after the invasion.”
Most of the intelligence community’s work since the war began has been kept secret. U.S. officials have disclosed that it is providing Ukraine with information that Ukrainian forces have in turn used to hit high-value Russian targets, including the flagship Moskva.
The White House has tried to tamp down suggestions that the U.S. is directly helping Ukraine attack Russia out of concern that Putin may see those suggestions as escalations. Biden has said he wants to avoid a “third world war.”
As Ukraine repelled Russian forces in the first weeks of the war, and under pressure from lawmakers in Washington, the Biden administration loosened its rules on sharing intelligence and is now providing more information to the Ukrainians. It has also committed $7 billion in weapons systems, ammunition and other military aid since the war began.
Ukrainian officials and observers say Ukraine still is vastly outgunned by Russia in what’s become a grinding war of attrition heavily reliant on artillery fire. Putin is believed by U.S. intelligence to have not given up on his initial aims to “neutralize” Ukraine in his eyes.
The U.S. also is involved in shoring up the cyber defenses of Ukraine and other allies against Russia’s capabilities to hack and steal from digital systems. And agencies are on watch for election influence or interference from Russia amid expectations that Putin may use U.S. support for Ukraine as justification for another campaign against an American election.
“Ultimately, the U.S. calculus is this: We want to do everything we can to support the Ukrainians while avoiding a direct conflict with the Russians,” said Dale Buckner, a retired U.S. Army Green Beret who now leads the security firm Global Guardian. | https://www.tdtnews.com/news/article_716e033a-ffd1-11ec-86e4-af75dba7ec17.html | 2022-07-09T23:30:27Z |
BEIJING, Sept. 13, 2022 /PRNewswire/ -- On August 31, 2022, Joy Spreader Group Inc. (HKG:6988, "the Group", "Joy Spreader"), a leading marketing technology company listed in Hong Kong, announced its interim results for 2022. The Group's R&D expenses showed a YoY gain of 54.78% to HK$46.28 million during the first half of 2022.
The Group's R&D expenses for international e-commerce business stood at HK$29.64 million, accounting for over 60% of Joy Spreader's total. Most of the expenses were used to procure data and to build data models that have played an important role in expanding the business starting from the second half of 2022. With ongoing improvements, the data models are expected to help optimize product recommendations and user preferences on the service's business and consumer platforms. The international e-commerce service, an important part of Joy Spreader's long-term development roadmap, is rapidly expanding its business and sales network following the validation of its business model in Southeast Asia.
In recent years, the focus of the marketing sector is gradually shifting from search engines to recommendation algorithms. By leveraging the interest-based recommendation algorithm, Joy Spreader has empowered customers in the e-commerce and interactive entertainment sectors by helping them enhance the effectiveness and efficiency of their business efforts (e.g. e-commerce sales, the launch of interactive entertainment products, and marketing campaigns) on mobile new media platforms both in the home market of China and abroad.
With a continuous increase in R&D investment, Joy Spreader is well-positioned to further consolidate its leadership role in the industry by strengthening capabilities in key technologies, enhancing services and leveraging its data assets.
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SOURCE Joy Spreader Group Inc. | https://www.wibw.com/prnewswire/2022/09/13/joy-spreader-further-expands-globally-with-rampd-investment-increasing-55-during-first-half-2022/ | 2022-09-13T05:25:15Z |
LARCHMONT, N.Y. and CLEVELAND, Aug. 24, 2022 /PRNewswire/ -- New State Capital Partners ("New State") announced today that it has acquired AFIMAC Global Inc. ("AFIMAC" or the "Company"), a leading provider of specialty business continuity solutions, including staffing, security, and logistics, as a carve-out from its parent company Dalton First Financial Inc. Joe Schollaert will continue to serve as AFIMAC's President and Chief Executive Officer. Terms of the transaction were not disclosed.
Headquartered outside Cleveland, OH, with operations around the globe, AFIMAC has provided these solutions for over 35 years. Clients include a diverse range of Fortune 500 companies across end markets such as food and beverage, consumer, business services, and specialty manufacturing.
"Our growth has been a result of our ability to rapidly recruit, onboard, and deploy skilled labor to our blue-chip customers," said Mr. Schollaert. "In addition, the types of business disruptions we can handle for our clients—disaster and emergency response, labor shortages—are becoming more frequent today, and, as a result, the demand for our services continues to be robust. We have always been proud of our exemplary customer service, which has led to repeat business and long-tenured relationships. New State's investment in AFIMAC as a standalone business gives us the opportunity to build on our successes while developing new services and expanding into new markets."
"We are excited to add AFIMAC to our portfolio and to partner with Joe and his outstanding team," said Daniel Han, Senior Principal at New State. "As a sector, business continuity services are well-positioned for growth, and AFIMAC stands out among its peers for its long-standing reputation for quality and responsiveness."
Shaun Vasavada, Vice President of New State added, "We were impressed by AFIMAC's ability to consistently provide targeted solutions in challenging environments, and we intend to build on this strength. We look forward to growing the Company through a combination of continued share gain in existing markets and expansion into adjacent service lines both organically and through acquisitions."
The acquisition of AFIMAC marks New State's fifth deal in nine months and the fourth platform investment in New State Capital Partners Fund III, LP, which was raised and activated last year.
Morgan, Lewis & Bockius acted as legal advisors and Piper Sandler and Moelis provided financial advisory services to New State. The Gelfand Group and Carleton McKenna & Co acted as financial advisors for the Company.
For more than 35 years, AFIMAC has offered staffing, emergency response, security, risk management, and other business continuity services to image conscious companies across North America. AFIMAC prides itself on partnering with its clients to protect people and property both during times of crisis and regular business operations. With the industry's leading senior management team having unparalleled expertise in its market, these professionals offer an assortment of human capital solutions, pre-crisis contingency planning, and premium security and emergency response services to businesses representing nearly every industry. For more information visit www.afimacglobal.com.
New State Capital Partners is an entrepreneurial-minded private equity firm that strives to be nimble, decisive, and cooperative. New State prides itself on a long-term outlook, approaching each potential investment as an opportunity to create lasting and valuable relationships with company founders and especially independent sponsors. The firm has the ability to invest up to $100 million in equity per transaction and seeks to invest in market-leading companies with $8 million to $40 million of EBITDA in the areas of business services, industrials, and consumer. New State and its affiliates have invested in more than 30 companies to date. For more information visit www.newstatecp.com.
Media contact:
Lambert
Joanne Lessner, jlessner@lambert.com, 212-222-7436
or
Beth Wiegard, bwiegard@lambert.com, 954-494-8261
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SOURCE New State Capital Partners | https://www.wibw.com/prnewswire/2022/08/24/new-state-capital-acquires-afimac-global-inc-provider-specialty-business-continuity-solutions/ | 2022-08-24T12:43:30Z |
Man accused of luring more than 100 children into making child porn
SACRAMENTO, Calif. (Gray News) - A 24-year-old California man was arrested on accusations of producing and distributing child pornography. Authorities believe he convinced dozens of children to send him sexually explicit images of themselves and others.
Demetrius Carl Davis, 24, was booked Tuesday on felony charges of committing a lewd or lascivious act with a child under 14, according to jail records. He is ineligible for bail.
Davis is suspected of communicating with over 100 children in the guise of a young girl named Lizzy. Sgt. Rodney Grassmann, a spokesman for the Sacramento County Sheriff’s Office, says Davis used social media accounts to connect with the victims and “groom” them.
More than 80 victims have been identified across the United States, and at least 15 others are believed to live internationally.
Grassmann says the victims vary in age, but most are between the ages of 6 and 13.
Davis is accused of using sexually explicit language in conversations with the victims and sending them videos of child pornography. He is also accused of telling the children to make child pornography that showed them “engaging in sexual acts with their siblings and other children,” according to Grassmann.
The Sacramento Internet Crimes Against Children task force learned about Davis’ alleged crimes after receiving a cybertip from the National Center for Missing and Exploited Children.
During a search of Davis’ home in December 2021, investigators found recordings of “children engaging in sexual acts,” Grassmann says. Forensic analysis allegedly revealed files of child pornography in Davis’ cell phones and social media accounts.
Authorities are encouraging parents to check their children’s electronic devices for any suspect communication from late 2020 to December 2021. Those who believe their children have been victimized should contact the ICAC task force.
Davis is scheduled to appear in court Thursday.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/28/man-accused-luring-more-than-100-children-into-making-child-porn/ | 2022-04-28T09:03:23Z |
Air National Guard program highlights environmental restoration and sustainability
DALLAS, June 9, 2022 /PRNewswire/ -- Jacobs (NYSE:J) partnered with the United States Air National Guard (ANG) to earn the 2021 ANG General Thomas D. White Environmental Restoration, Installation Award for sustainable work at 158th Fighter Wing, Burlington, Vermont (VT), ANG Base. This award recognizes the team for safely minimizing the disruption to the installation while demonstrating that an effective environmental restoration program is not incompatible with mission-critical objectives.
The Jacobs and VT ANG team implemented a variety of remedial measures at six environmental restoration program sites and reduced concentrations of petroleum and chlorinated solvent compounds by 90% over an area totaling 14 acres. The team also designed and built a treatment system under a time-critical removal action, operating the groundwater extraction and treatment process to minimize migration of compounds to offsite groundwater. During the two-year evaluation period of 2019-2020, the team implemented and optimized remedies to meet numerous measurable objectives, achieving State of Vermont drinking water standards and regulatory closure of four of the six sites, with the remaining two sites on schedule for closure.
"We offer our congratulations to the VT ANG base for receiving this prestigious award. We are honored to have partnered with VT ANG providing innovative advisory and climate response services that served as the foundation of success while elevating mission-critical goals of the Air National Guard and remaining good environmental stewards," said Jacobs Federal & Environmental Solutions Senior Vice President and General Manager Tim Byers. "Significant conservation milestones such as this prove that mission assurance is attainable while sustaining resilient, smart solutions that benefit the military community for generations."
"Winning this award was a direct result of the Jacobs team's efforts. Their technical analysis and engineering expertise enabled the Air Force to bring the complex sites to closure after 36 years of investigation and successful remediation. It is a huge accomplishment, and we are exceedingly proud of the work done here," said National Guard Bureau Environmental Restoration Program Manager Jenna Laube.
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the impact of the COVID-19 pandemic, including the emergence and spread of variants of COVID-19, the efficacy and availability of vaccines and treatments, and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
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SOURCE Jacobs | https://www.mysuncoast.com/prnewswire/2022/06/09/jacobs-program-recognized-with-ang-general-thomas-d-white-restoration-award-win/ | 2022-06-09T12:45:48Z |
New Pringles® Wavy Chipotle Ranch delivers the perfect blend of spicy and cool, available only at Walgreens
BATTLE CREEK, Mich., June 6, 2022 /PRNewswire/ -- The flavor masters at Pringles® are satisfying the nation's latest craving — spicy and sweet combinations — this time heating up its fan-favorite, Pringles® Ranch.
Introducing new, limited-time Pringles Wavy Chipotle Ranch, the perfect pairing of smoky chipotle heat and creamy, zesty ranch packed into one crunchy crisp. Each bite boasts a thick, wavy texture to deliver a craveable, extra bold crunch. Whether snackers are craving the spicy and simultaneously sweet taste of Pringles Wavy Chipotle Ranch while road tripping, backyard barbequing or pool lounging, these new crisps pack the flavor for any summer outing.
"We're always listening to what our fans crave and pride ourselves on delivering insanely accurate flavor combinations in a single crisp," said Mauricio Jenkins, U.S. marketing lead for Pringles. "These new crisps boast the perfect balance of spicy and sweet with flavor first and heat second, all while providing Pringles Ranch devotees and snackers alike with a new way to experience this classic bite."
Pringles Wavy Chipotle Ranch will be available for a limited time only at Walgreens stores nationwide beginning in late May, while supplies last. For more information, follow @Pringles on your favorite social media platform to keep up with the latest fun and food news.
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.
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SOURCE Kellogg Company | https://www.kxii.com/prnewswire/2022/06/06/pringles-taps-into-nations-latest-flavor-craze-spicy-sweet-combinations/ | 2022-06-06T12:58:03Z |
New facility will serve as an engineering and staffing center of excellence for the Duravent Group as the company continues its growth trajectory with revenue exceeding $500 million annually.
GRAND RAPIDS, Mich., July 8, 2022 /PRNewswire/ -- The Duravent Group, a global leader in HVAC technology systems and solutions, launched its 22,000 sq-ft Grand Rapids Innovation Center today with a ribbon-cutting ceremony. The event featured a tour of the center's design and prototype labs, airflow testing suites, its state-of-the-art office layout and robust printing capabilities. U.S. Rep. Peter Meijer, R-MI, spoke at the event, which was attended by community, state leaders and excited company employees.
"Duravent is committed to a strong presence in Michigan as demonstrated by our new innovation center in Grand Rapids, and an expanding headquarters in downtown Detroit," said Simon A. Davis, president and CEO of the Duravent Group. "Our ability to innovate, lead and grow in the HVAC and emerging climate technology categories is largely the result of leveraging the deep engineering talent Michigan has to offer."
Since 2017, the leadership team has led the organization through several strategic activities, including the acquisition of 100-year-old Hart & Cooley in 2021, which tripled the size of the company. Today, Duravent has 2,400 employees and $500 million+ in annual revenue.
As part of the Grand Rapids Innovation Center launch, Davis and his team unveiled a new company identity – the Duravent Group – with the goal of unifying the company's culture and its family of established and respected brands, which include the following industry leading nameplates:
- Duravent™
- Hart & Cooley®
- Selkirk®
- AirMate®
- Amerivent®
- Ampco®
- Heatfab®
- Lima®
- Milcor®
- PortalsPlus™
- RPS™
- Security Chimneys®
- Ward®
"The Duravent Group is one team and one company focused on flexibility in manufacturing and distribution while responding quickly and efficiently to customers' needs. I'm proud of our team culture that embraces innovation and change while always putting our customers first," Simon said.
The Duravent Group is a recognized global technology leader in the HVAC industry, and first-to-market with innovations in venting systems. Founded in 1956, this $500 million-plus company is headquartered in Detroit, Michigan, and has 15 locations across Canada, Mexico and the United States. Duravent leads with best-in-class design and manufacturing capabilities, world-class distribution networks, and customer-first service and support. The company ensures quality and drives safety through scientifically proven materials and unequaled engineering.
Duravent acquired Grand Rapids-based Hart & Cooley in 2021. A leader in the HVAC industry since 1901, the Hart & Cooley acquisition brings a legacy of quality and service, robust manufacturing and distribution capabilities, and a suite of trusted brands into the Duravent family. As a combined company, Duravent is uniquely positioned as the next-generation leader in the interior climate technology industry. Learn more at duraventgroup.com.
MEDIA CONTACT:
Shaun Wilson, 313-530-7860
swilson@cadencellcus.com
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SOURCE Duravent Group | https://www.kxii.com/prnewswire/2022/07/08/duravent-becomes-duravent-group-invests-1-million-newly-launched-grand-rapids-innovation-center-it-aims-leadership-hvac-climate-technology-sectors/ | 2022-07-08T18:48:50Z |
Amplifying its stance on leadership in the inkjet space, Canon Solutions America is proud to be a Keynote Sponsor at the Inkjet Summit 10th Anniversary Event
MELVILLE, N.Y., April 6, 2022 /PRNewswire/ -- Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., is honored to have contributed to Canon being recognized by Keypoint Intelligence as the #1 Market Share Leader for Total Production Inkjet in 2021. According to the 2021 POD Tracker report from Keypoint Intelligence, Canon was the Total High Volume Inkjet Market Share leader for 2021. Canon also led the individual categories of Sheetfed Inkjet Market Share and Webfed Inkjet Market Share, achieving #1 market share position in 2021 in both categories.
This recognition comes as a result of the tremendous success of the varioPRINT iX-series, ColorStream 8000 series and the ProStream 1800, sold through Canon Solutions America., a wholly owned subsidiary. These three inkjet devices have helped print providers from coast to coast push the boundaries of print to meet changing customer demands. Designed with top-of-the-line innovation in mind, each device was carefully designed to meet the current and future production challenges of corporate and public sector in-plants, direct mail and print communication service providers, as well as book printers and specialized commercial printers, helping to build efficient operations and increased business opportunities.
"At Canon Solutions America, we are focused on investing in our production inkjet product portfolio to offer our customers solutions that help them to improve efficiencies, expand their application possibilities, meet customer demands, and grow their business," said Francis A. McMahon, executive vice president, Production Print Solutions, Canon Solutions America, Inc. "With that in mind, we are confident that our technology, combined with premium service and support, sets us apart from our competition and boosts customer confidence when investing in Canon's inkjet presses. We take great pride that Canon has once again been acknowledged as the market leader for total production inkjet."
To further demonstrate its leadership in the inkjet technology industry, Canon Solutions America is proud to be a Keynote Sponsor at the Inkjet Summit 10th anniversary event. Produced annually by PRINTING United Alliance, Printing Impressions, and In-plant Impressions, this year's event will be hosted at the Hyatt Lost Pines in Austin, Texas, from April 11-13.
In celebration of its 10-year anniversary, the Inkjet Summit will bring together a special group of top business leaders, including senior managers and business executives who are passionate about learning and understanding top industry trends as well as future predictions for the direction of production inkjet printing technology, software and solutions. All attendees can expect a lively and informative event, including strategic-level insights into what printing industry leaders should do to improve and optimize their business.
"We are honored to be a part of the 10-year anniversary Inkjet Summit event as a keynote sponsor and look forward to the opportunity to engage and share ideas on education and thought leadership with key members in our industry through 1:1 meetings, various sessions, and networking opportunities," said McMahon. "We have witnessed firsthand what recent developments in inkjet technology and solutions can do to improve business outcomes for our customers, and we emphasize to our customers on a regular basis to research and understand the various options and applications available that can benefit their business to be as efficient and productive as possible. We are excited to interact with customers and stakeholders to gain a deeper understanding of their goals."
The Inkjet Summit is designed to give senior managers and print executives strategic-level insights into what they must do to grow, improve, and optimize their businesses. The event will feature keynote presentations from thought leaders in the industry, panel discussions featuring businesses that have successfully adopted production inkjet, interactive case studies highlighting innovative applications and implementations in the field, and in-depth 1:1 meetings.
For additional details on the Inkjet Summit, please visit ijsummit.com.
For further insight on Canon Solutions America's product and service offerings, please visit www.csa.canon.com.
Canon Solutions America, Inc. provides industry leading enterprise, production, and large format printing solutions, supported by exceptional professional service offerings. Canon Solutions America, Inc. helps companies of all sizes discover ways to improve sustainability, increase efficiency, and control costs in conjunction with high volume, continuous feed, digital and traditional printing, and document management solutions. A wholly owned subsidiary of Canon U.S.A., Inc., Canon Solutions America, Inc. is headquartered in Melville, NY and has sales and service locations across the U.S. For more information on Canon Solutions America, please visit csa.canon.com.
Canon is a registered trademark of Canon Inc. in the United States and elsewhere. All other referenced product names and marks are trademarks of their respective owners.
© 2022 Canon Solutions America, Inc. All rights reserved.
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SOURCE Canon Solutions America, Inc. | https://www.kxii.com/prnewswire/2022/04/06/canon-solutions-america-celebrates-canons-position-1-market-share-leader-total-production-inkjet-2021/ | 2022-04-06T17:32:04Z |
KATY, Texas, Sept. 1, 2022 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company" or "Academy") (Nasdaq: ASO) announced today that its Board of Directors declared a cash dividend with respect to the fiscal quarter ended July 30, 2022 of $0.075 per share of the Company's common stock. The dividend is payable on October 13, 2022, to stockholders of record as of the close of business on September 15, 2022.
About Academy Sports + Outdoors
Academy is a leading full-line sporting goods and outdoor recreation retailer in the United States. Originally founded in 1938 as a family business in Texas, Academy has grown to 263 stores across 17 states. Academy's mission is to provide "Fun for All" and Academy fulfills this mission with a localized merchandising strategy and value proposition that strongly connects with a broad range of consumers. Academy's product assortment focuses on key categories of outdoor, apparel, sports & recreation and footwear through both leading national brands and a portfolio of private label brands. For more information, visit www.academy.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Academy's current expectations and are not guarantees of future performance. You can identify these forward-looking statements by the use of words such as "outlook," "guidance," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. The forward-looking statements include, among other things, statements regarding the payment of the dividend, including the timing and amount thereof, share repurchases, the Company's expectations regarding its future performance, and the Company's future financial condition to support future dividend growth and are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory and other factors, including ongoing inflation and continued increases in interest rates, many of which are beyond Academy's control. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in Academy's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the Company's Annual Report on Form 10-K, under the caption "Risk Factors," as may be updated from time to time in our periodic filings with the SEC. Any forward-looking statement in this press release speaks only as of the date of this release. Academy undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
Media inquiries:
Elise Hasbrook, Vice President Communications
281.253.8200
elise.hasbrook@academy.com
Investor inquiries:
Matt Hodges, Vice President Investor Relations
281.646.5362
matt.hodges@academy.com
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SOURCE Academy Sports + Outdoors | https://www.wibw.com/prnewswire/2022/09/01/academy-sports-outdoors-announces-quarterly-cash-dividend/ | 2022-09-01T21:18:28Z |
NEW YORK, May 26, 2022 /PRNewswire/ -- Taking remote work to another level, Sinuate Media has officially partnered with Cannaverse Technologies (Cannaverstech™) to become its digital marketing advisor in Cannaland™, the world's first cannabis focused Metaverse that connects every facet of the cannabis and hemp communities.
Additionally, Sinuate Media has acquired real estate in Cannaland™ and will be opening a virtual office where visitors can meet for cannabis-related marketing consultations and trainings that can be applied to the virtual or physical worlds. In doing so, they will be offering metaverse and cannabis-related marketing courses typically offered in the real world from their new office in Cannaland™ as well as consulting with brands to leverage engagement opportunities within the metaverse.
Sinuate Media joins several businesses and brands that are entering this new unchartered digital territory where the convergence of the physical and virtual worlds come together to create a "mixed reality," and the B2B community and consumers can immerse themselves in a Web3 virtual meta-marketplace, where all aspects of the cannabis industry including cultivation, extraction, manufacturing, distribution, retail sales, and consumption of cannabis and hemp products can be enjoyed by residents of the community.
The Cannaland™ platform will be powered on the blockchain and will allow instant purchases of real estate (land parcels), NFTs as well as other digital assets using Cannaland™ Tokens ("CNLT"), a cryptocurrency providing transactional utility within Cannaland™. The project is scheduled to go live this year.
"We are excited to welcome Sinuate to join us in Cannaland and partner with them to manage our digital marketing, a cornerstone component to the future success of Cannaland" commented Mark Bonner, CEO of Cannaverse Technologies.
Leah Messina, Chief Executive Officer of Sinuate Media added, "We have been guiding our clients for more than 16 years through cutting-edge marketing opportunities and there has been tremendous interest about how to leverage the metaverse. At the same time, we have been supporting brands with navigating the unique regulatory landscape related to cannabis advertising. We envision our presence in Cannaland™ will support brands seeking new and innovative opportunities for consumer engagement that go well-beyond the increasingly saturated channels in the physical world."
For the business community, Cannaland™ will feature opportunities to set up locations, advertise, and converse virtually with the feel of real-world experiences. A virtual Mainstreet in Cannaland™ will also feature a place where users can experience a variety of retail concepts including consumption lounges.
About Sinuate Media
Sinuate Media is a marketing technology firm uniting social, digital, advertising, public relations, and strategy under its Organic Marketing™ process into action-oriented campaigns and solutions. Founded in 2006 in Baltimore, MD and with offices in New Mexico, Sinuate Media works with innovative companies across cryptocurrency, healthcare, e-commerce, professional services and consumer markets. For more information, visit https://www.sinuatemedia.com
Media Contact:
Leah Messina, CEO, 575-915-3878, hello@sinuatmedia.com
About Cannaverse Technologies
Cannaverse Technologies, the creator of Cannaland™, the world's first cannabis Metaverse and pioneer in cannabis product marketing, manufacturing, and merchandising with an innovative blockchain payment system, is empowering cultivators, growers, testing labs, manufacturers, wholesalers, retailers, medical dispensaries, and consumption lounges with the ability to scale and monetize their brands while directly addressing the existing gaps in the cannabis industry. Cannaverse's meta marketplace on the blockchain revolutionizes the global cannabis industry by connecting every facet of the cannabis and hemp communities in a Metaverse environment. Cannalearn™ promotes knowledgeable and responsible cannabis usage as well as a platform for research and development. For more information, visit www.cannaversetech.io.
Media Contact:
Mark Bonner, CEO mark@cannaversetech.io
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SOURCE Cannaverse Technologies | https://www.mysuncoast.com/prnewswire/2022/05/26/sinuate-media-open-marketing-agency-office-metaverse-with-cannaverse-technologies/ | 2022-05-26T18:03:07Z |
Caron continues its growth and expansion in the Life Science market
MARIETTA, Ohio, Aug. 2, 2022 /PRNewswire/ -- Caron Products and Services, Inc. ("Caron"), a leading provider of laboratory equipment used in R&D and manufacturing of biological and biopharmaceutical products such as cell and gene therapy research, today announced Sharon Moseley, Global Human Resources Director. Based in Dallas, Texas, and reporting directly to the CEO, she will advance Caron's HR strategy for expansion while securing key talent to add to Caron's growing team across North America, Europe, and Asia.
Sharon brings extensive HR leadership experience working across varied industries for multinational companies including Ashland Chemical, Tetra Pak, and W.W. Grainger. Her experience spans across all HR disciplines including executive development, business and cultural transformation, talent management, employee engagement, talent acquisition, training and learning development, M&A and workforce integration.
"We are excited to have Sharon lead Caron's Global HR strategy and initiatives. Her extensive background in human resources and leadership experience will help expedite our growth strategy moving forward," said Jay Hexamer, Caron President and CEO. "Her talent and business experience will assist us in key areas of executive alignment, integrating business processes, and managing organizational growth."
"I'm excited to lead Caron's HR strategy to support our growth and global expansion," stated Sharon. "Empowering employees and maximizing company culture allows us to focus on alignment to reach total solutions for the scientific community."
Sharon earned a Bachelor of Arts degree from DePaul University and a Master of Business Administration from Franklin University. She's also an active member of the Society for Human Resource Management (SHRM), a certified Birkman Professional (BCP), and holds an M&A Integration certification (MC&AI).
About Caron Products and Services, Inc.
Founded in 1985, Caron Products is a leading provider of laboratory equipment, environmental chambers and incubators, biosafety cabinets, and Lab Automation Enclosures in the life science industry. Our customers are in the Biopharma, Biotech, Education, Healthcare, and Industrial markets who discover life-changing therapies and consumable products to cure illnesses and to enable a healthier world.
All team members at Caron Products are an important part of our ecosystem and our work has meaningful impact in achieving our main goal of "opening doors for scientists". For more information, visit www.caronproducts.com.
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SOURCE Caron Products and Services, Inc. ("Caron") | https://www.kxii.com/prnewswire/2022/08/02/caron-products-names-sharon-moseley-global-human-resources-director/ | 2022-08-02T16:23:08Z |
Services for Donnie Lee Yandell, 69, of Harker Heights will be 10 a.m. Thursday, July 14, in Central Texas State Veterans Cemetery in Killeen.
Mr. Yandell died Sunday, April 24, at his residence.
He was born April 16, 1953, in Blanchard, Okla., to Ardie and Rosie Yandell. He served in the U.S. Army and retired in 1993. He worked as a Temple Police officer and retired in 2004. He also worked at Horny Toad Harley Davidson in Temple.
He was preceded in death by a son.
Survivors include his wife, Theresa Yandell; a son, Nicholas; two daughters, Heather and Dianna; and five grandchildren.
Hewett-Arney Funeral Home in Temple is in charge of arrangements. | https://www.tdtnews.com/obituaries/article_9af66928-cb41-11ec-897b-7bb5312dd585.html | 2022-05-04T07:41:12Z |
ALPHARETTA, Ga., July 21, 2022 /PRNewswire/ -- In recognition of her contribution to the staffing and recruiting industry, Jagriti Kumar, Chief Financial officer, NLB Services was named on the Staffing Industry Analysts' (SIA) 2022 40 Under 40 list, in its 6th annual announcement of the list.
As a global advisor on staffing and workforce solutions, SIA publishes this annual list to identify and honor staffing industry leaders of today and tomorrow. The 2022 class has indeed prioritized "building back better" with a reinvigorated focus on candidate care - a trend and an imperative for the post-pandemic staffing industry.
Elated at this incredible achievement of Jagriti Kumar, Sachin Alug, Chief Executive Officer, NLB Services, said, "It is a proud moment for the entire NLB team, and especially for the women working with us. Jagriti's win is a testament to her grit, perseverance, commitment and thrust on excellence. We are confident that it is just a start and we will see many more achievers on international forums going forward."
Sharing her joy, Jagriti Kumar, Chief Financial Officer, NLB Services, said, "I am deeply honored to have been chosen. I am extremely grateful to the team at NLB for giving me an opportunity to explore my full potential. The award truly belongs to the entire NLB family for being an integral part of every step we take."
"SIA's 2022 40 Under 40 shares some extraordinary differentiators from those of other industries," said Subadhra Sriram, editor and publisher at SIA. "They have helped transition the industry from its pre-pandemic model of work to one that is more candidate-friendly and flexible. It takes both resilience and a vision to do that. In addition, this group loves working with people and placing them in jobs. These rising stars have seized the opportunity to build back better."
Jagriti, as the Chief Financial Officer, has been playing a pivotal role in the strategic growth of NLB Services including structuring customer-facing deals, ensuring compliance across continents (North America, Asia Pacific, and Europe), managing strategic expansion into new lines of business, and developing robust internal policies and governance systems.
She has also been instrumental in guiding the company to navigate the impact of the coronavirus crisis. She has been a pillar of strength of NLB's thriving growth and success. Jagriti was the winner of Gold Globee® in the "Executive Hero of the Year" category, and won Silver Globee® in "Outstanding Female Professional of the Year - Accounting & Finance" category, in the 14th Annual 2021 Women World Awards®.
About NLB Services
Founded in 2007, NLB Services is one of the fastest-growing transformational workforce solution providers. Our comprehensive range of talent solutions is backed by our deep understanding of our client needs and rich industry experience.
Headquartered in Alpharetta, Georgia, our vast global presence and unyielding customer centricity have enabled us to forge strategic partnerships with leading Fortune 500 companies, worldwide. We are a strong team of over 8000 professionals with unparalleled domain depth and exceptional digital expertise.
To know more please visit https://www.nlbservices.com.
Photo - https://mma.prnewswire.com/media/1864160/Jagriti_Kumar.jpg
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SOURCE NLB Services | https://www.wibw.com/prnewswire/2022/07/21/jagriti-kumar-cfo-nlb-services-named-staffing-industry-analysts-sia-2022-40-under-40-list/ | 2022-07-21T19:00:57Z |
Judge dismisses lawsuit against Musk, Tesla and Twitter fan
SAN FRANCISCO (AP) — A federal judge has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, the company and a Musk supporter. In an order filed Thursday, U.S. District Judge James Donato in California threw out the case filed by Aaron Greenspan. The judge ruled that the case fell short of making plausible claims. Among other things, Greenspan alleged that Omar Qazi, a Musk fan, defamed Greenspan in a series of tweets. Greenspan alleged the tweets were part of a coordinated campaign praising Tesla and attacking critics. Donato ruled that Greenspan didn’t state facts backing up allegations that Qazi was acting as an agent of Tesla or Musk. | https://localnews8.com/news/ap-national-business/2022/05/20/judge-dismisses-lawsuit-against-musk-tesla-and-twitter-fan/ | 2022-05-20T19:24:48Z |
WINOOSKI, Vt., June 2, 2022 /PRNewswire/ -- Appearing today at the VPR-Vermont PBS Republican Primary Debate, Myers Mermel solidified his ideas-driven campaign by laying out a plan to combat inflation and build the Vermont economy.
Despite the lack of questions on inflation and the economy, Myers used his time to lay out a clear plan to combat these top issues among Americans, and Republican primary voters. "We need to talk about the economy, inflation, fuel prices, heating prices, and about gas prices," said Myers, "that's where our emphasis should be on this election." Continuing, Myers said, "People are hurting, our neighbors are hurting, and no one is helping them."
If elected, Myers will cut spending, curtail wasteful spending in Congress, and work to strengthen the economy.
In addition to inflation, Myers has a detailed plan to end skyrocketing fuel and gas prices, secure billions of dollars in a federal microchip investment, and get Vermont's fair share of federal earmarks. This is a clear contrast to the candidates that voters can see.
It's clear the Republican Party is divided, half want to embrace Democratic policies, like Christina," said Myers about his opponent Christina Nolan, "and the other half want us to return to the party of 100 years ago – neither way will work."
The current Senator for Vermont has left millions on the table – at least $488 million in federal earmarks that were available but not claimed by Vermont. Myers is the only candidate with a detailed plan to secure this and additional funding from the federal government, or to even acknowledge the money that could have gone to social services, schools, and homeless families in Vermont.
With 68 days until the Primary Election, Myers Mermel will continue his ideas-driven campaign showcasing himself as a new kind of conservative. As U.S. Senator, Myers will implement his plans to tackle top issues, like inflation and building the economy, as well as legislation that benefits the state of Vermont by bringing new manufacturing, having UVM educate Vermont citizens and not out-of-staters.
Myers Mermel is a husband, father, and a Methodist. Mermel received a B.A. from the University of Vermont. Mermel holds a masters in American History from Columbia University and a masters in theology from Yale University. Mermel has a 35 year career in Real Estate Finance in New York City, overseeing the relocation of over 300,000 high-paying jobs. Prior to his career in finance, he was a White House intern under George H.W. Bush while attending UVM. Myers Mermel served as a National Finance Chair for Mike Huckabee's 2008 Presidential run and was on the ground with him through Iowa and South Carolina. He was also New York State Grass Roots Chair for John McCain.
Contact: press@myersmermel.com
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SOURCE Myers Mermel for Vermont | https://www.kxii.com/prnewswire/2022/06/02/myers-mermel-lays-out-clear-plan-combat-inflation-build-vermonts-economy-us-senate-republican-primary-debate/ | 2022-06-02T22:04:57Z |
‘It was terrifying’: Son accidentally hits dad with arrow during target practice
OMAHA, Neb. (WOWT/Gray News) - A bow-and-arrow accident has sent a Nebraska man to the hospital and left his family in shock.
The Clingenpeel family said the accident happened alongside their house after Jeremy Clingenpeel and his son, Colton, decided to have target practice in preparation for hunting season.
WOWT reports Colton was set up on the left to hit a target bag on a mound, but his bow malfunctioned, and the arrow veered off and struck his father.
“I saw the look on his face and heard his voice,” said Tracy Clingenpeel, Jeremy Clingenpeel’s wife. “It was terrifying.”
Jeremy Clingenpeel’s niece, Brittany Sanford, said she was also concerned.
“I really thought this was it,” Sanford said. “My kids adore this man and worship the ground he walks on.”
The family’s Ring doorbell captured the father walking across the driveway to get help. In the video, he can be seen with an arrow sticking out from his side.
According to the police report, the incident was deemed an accident, but the arrow was lodged about 6 to 8 inches deep into Jeremy Clingenpeel’s side.
“My husband was pretty composed for having an arrow in his chest wall,” Tracy Clingenpeel said. “I stabilized the arrow because he would scream in pain every time he breathed.”
Paramedics arrived and transported Jeremy Clingenpeel to the hospital.
The family said doctors told them it was a miracle that Jeremy Clingenpeel survived the incident. He is expected to make a full recovery.
Tracy Clingenpeel said the incident has been tough on the family as she was diagnosed with a debilitating neurological illness last year, and finances have been a concern.
Jeremy Clingenpeel worked full-time in waste management, but the family said they don’t know when he’ll be able to return to work.
Copyright 2022 WOWT via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/09/15/it-was-terrifying-son-accidentally-hits-dad-with-arrow-during-target-practice/ | 2022-09-15T02:20:11Z |
Provides models, actors, and influencers with a comprehensive suite of tools to create data objects and mint NFTs to buy, sell, and trade using Datavault's patented crypto-technology
NEW YORK, April 11, 2022 /PRNewswire/ -- Data Vault Holdings Inc., leading the way in tokenomics and metaverse data visualization, valuation and monetization, today announced that it has partnered with legendary supermodel agent Thomas Zeumer to develop The Zuper Experience (ZEX), a data exchange that will empower models, actors, and influencers with an intuitive data solution to earn directly from their personal content. ZEX will serve as the bridge that enables creatives to build new value streams while allowing brands and millions of fans to find inspiration in their content. Through data monetization and non-fungible token (NFT) creation, the partnership aims to transform the media industry by unlocking the immense potential of individual data assets for both financial gain of models and creatives, and experiential gain of consumers. Data Vault Holdings and Thomas Zeumer, through The Zuper Experience, will leverage the monetization capabilities of data for compounded impact, making data both beautiful and ultimately, profitable.
"We are thrilled to partner with Thomas Zeumer to manage, valuate, and monetize the data of users for ZEX. For decades, Mr. Zeumer has helped to create portfolios of data among models and industry professionals. His efforts have cultivated an authentic exchange between the fashion industry and the general public. Today, we create a similar exchange, instead expertly backed by data created by models, actors, influencers, and other creative professionals in the entertainment industry. Datavault's deep expertise in artificial intelligence, machine learning, and tokenization position our patented crypto-technology as the perfect partner to serve users of ZEX," says Nathaniel Bradley, co-founder and CEO of Data Vault Holdings.
Since the 1990s, Thomas Zeumer has amassed a huge amount of print, video, and digital content, including magazine covers, television broadcasts, and digital archives. Through its partnership with Zeumer, Data Vault Holdings will leverage its platform's artificial intelligence and machine learning technology to create ZEX. This blockchain-powered exchange will be the world's first interactive portal that monetizes the data of professional models, influencers, actors, athletes, celebrities, endorsers, and brands. It will serve as a marketplace that democratizes data and enables talent to reacquire control of their personal data so it may work for them.
ZEX consists of a simple, four-step process:
- Evaluate: Once a user is onboarded, the platform's artificial intelligence evaluates the state of the user's personal data using an aggregated point system that measures factors such as social, educational, and economic status.
- Create: Once the evaluation is complete, ZEX will provide suggestions to create points of revenue, from personal data monetization to NFT minting.
- Exchange: The user can instantly generate revenues through the tokenization of assets, development of blockchain data, and NFT creation.
- Monetize: After data assets are exchanged, the user will receive revenue in cash or cryptocurrency.
The data monetization market is a fast-growing sector whose value is estimated to reach $6.1 billion by 2025, registering a CAGR of 21.7% from 20201. Data monetization is primed to disrupt the $3 trillion fashion industry and more than $700 billion media and entertainment industry2,3.
ZEX opens users up to the flexible nature of data–to transform from unrefined content to individual data objects, data sets, and NFTs. NFTs, whose popularity has surged in the art world, provide models, influencers, actors, and the like with digital certificates of authenticity that cannot be traded or exchanged at equivalency. Therefore, ownership rests solely in the hands of the user so they may profit residually from individual photographs, video, physical items minted into one-of-a-kind digital assets.
The Zuper Experience provides asset management through tokenization. Data objects can be traded through Datavault's Information Data Exchange®, while NFTs can be bought, sold, and traded through the platform's NFT Exchange. In addition to monetizing data objects and NFTs, the platform also allows users to create a photorealistic avatar representing the user's digital presence, available to clients only upon payment to models, influencers, and actors.
ZEX will be sold as a subscription service for $9.95 per month. Content creators through the entertainment industry produce copious amounts of data–and they deserve to profit most from it. Datavault's partnership with Thomas Zeumer will create an exchange and marketplace where people and brands can invest in models, influencers, and actors. In return, these content creators will gain valuable, 24-7 real-time insight into their personal market value. Beauty–or in this case, the realization of one's full market value–is certainly in the eye of the individual content creator.
About Data Vault Holdings Inc.
Data Vault Holdings Inc. is a technology holding company that provides a proprietary, cloud-based platform for the delivery of branded data-backed cryptocurrencies. Data Vault Holdings Inc. provides businesses with the tools to monetize data assets securely over its Information Data Exchange® (IDE). The company is in the process of finalizing the consolidation of its affiliates Data Donate Technologies, Inc., ADIO LLC, and Datavault Inc. as wholly owned subsidiaries under one corporate structure. Learn more about Data Vault Holdings Inc. here.
About Data Donate Technologies, Inc. (DDT®)
DDT® develops technologies for data management so companies can monetize data assets. Data Donate Technologies, Inc. secures buyers for data assets on behalf of non-profit, faith-based, and political fundraising organizations. Learn more about Data Donate Technologies, Inc. here.
About Datavault Inc.
Datavault Inc. holds a patented, cloud-based technology that transforms the way in which businesses value and trade data. The Datavault Inc. team has transferred decades of experience in enterprise solutions, blockchain technology, and digital security to help clients transact data objects in real time. Datavault Inc. holds the Information Data Exchange® (IDE), a first-of-its-kind exchange that enables registered buyers and sellers to trade data objects for cash or other monetary assets, including cryptocurrencies. Learn more about Datavault Inc. at https://datavaultholdings.com/
About ADIO LLC
ADIO LLC has developed a breakthrough ad-driven monetization platform that enhances user experience through high-frequency audio advertising. ADIO uses its patented pioneering data packet technology to integrate into an audio file for a more robust user experience. Learn more about ADIO LLC at https://www.adiotech.com/
Company Contact:
Data Vault Holdings Inc.
48 Wall Street, Floor 11
New York, NY 10005
1-844-DATA-400
Media Contact:
Angry Apples Marketing
1-844-GO-ANGRY
hello@goangry.com
www.goangry.com
1: "Global Data Monetization Market", Market Data Forecast, January 2022, https://www.marketdataforecast.com/market-reports/data-monetization-market
2: "Global fashion industry statistics- international apparel", Fashion United, https://fashionunited.com/global-fashion-industry-statistics/.
3: "Media and Entertainment Spotlight", SelectUSA, https://www.selectusa.gov/media-entertainment-industry-united-states.
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SOURCE Data Vault Holdings Inc. | https://www.kxii.com/prnewswire/2022/04/11/datavault-collaborates-with-fashion-legend-thomas-zeumer-power-tokenization-monetization-platform-zuper-experience/ | 2022-04-11T13:14:01Z |
PYEONGTAEK, South Korea (AP) — President Joe Biden opened his trip to Asia on Friday by touring a South Korean computer chip factory that will be the model for a plant in Texas, holding it out as an illustration of how deeper ties with the Indo Pacific can fuel technological innovation and foster vibrant democracies.
“So much of the future of the world is going to be written here, in the Indo Pacific, over the next several decades,” Biden said. “This is the moment, in my view, to invest in one another to deepen our business ties, to bring our people even closer together.”
Biden’s message was pitched toward the promise of a better global tomorrow, yet also aimed at U.S. voters amid political challenges at home — such as inflation driven higher by the chip shortage — as he tries to show his administration is delivering on the economy.
The Democrat’s first visit to Asia as president came as polling released Friday by The Associated Press-NORC Center for Public Affairs Research found Biden’s U.S. approval rating at 39%, the lowest of his presidency. The survey also found deepening pessimism about the economy and the state of the United States — especially among Democrats.
About 2 in 10 U.S. adults said the country is headed in the right direction or described the economy as good, down from about 3 in 10 in April. Among Democrats, just 33% said the country is on the right track, down from 49% last month.
Samsung, the South Korea chip plant’s owner, last November announced plans to open a $17 billion semiconductor factory in Texas. A semiconductor shortage last year hurt the availability of autos, kitchen appliances and other goods, causing higher inflation worldwide and crippling Biden’s public approval among U.S. voters. The president noted that the Texas plant would add 3,000 high-tech jobs and the construction would include union labor.
“These little chips,” Biden said in remarks after he toured the plant, “are the key to propelling us into the next era of humanity’s technological development.”
The president is seeking to promote greater business collaboration among democracies with overlapping values, seeing it as way to maintain the benefits of a globalized economy in a way that benefits American workers and leads to greater foreign investment in the U.S. He is to appear Sunday in Seoul with the chairman of Hyundai Motor Group to highlight the company’s decision to invest in a new electric vehicle and battery manufacturing facility in Savannah, Georgia.
Throughout his five-day visit to South Korea and Japan, Biden is making his case for how a U.S. that can work with its closest allies will be stronger at home and abroad. In his remarks Friday, Biden did not mention China, which has emerged as a prime competitor with the U.S., and he stressed the value of alliances that currently exclude that country.
Greeting Biden at the plant was South Korea’s new president, Yoon Suk Yeol, and Samsung Electronics Vice Chairman Lee Jae-yong. Yoon is a political newcomer who became president, his first elected office, just this month. He campaigned on taking a tougher stance against North Korea and strengthening the 70-year alliance with the U.S.
Before Biden spoke, Yoon said that he hoped the U.S.-South Korea partnership evolves into an “economic and security alliance based on cooperation in advanced technology and supply chains.”
The chip plant showed a bit of the unique nature of the manufacturing as visitors were required to don white laboratory coats and blue booties to help keep the facility clean. Biden and Yoon, who did not wear protective clothing, saw a demonstration of the machinery.
At one point during his tour, Biden received an in-depth explanation of a KLA inspection system on the Samsung plant floor. The California-based company is a major supplier to Samsung’s semiconductor operations. After a worker named Peter explained the ins and outs of the machinery, Biden advised him, “Don’t forget to vote,” when he returns home to the United States.
In closing, Biden slipped and thanked “Moon,” who was South Korea’s immediate past president, Moon Jae-in, who held the office for several years before Yoon’s recent election. Biden quickly corrected the slip-up.
“President Moon, Yoon, thank you for everything you’ve done so far,” Biden said.
Part of the computer chip shortage is the result of strong demand as much of the world is emerging from the coronavirus pandemic. But virus outbreaks and other challenges also have caused the closure of some semiconductor plants. U.S. government officials have estimated that chip production will not be at the levels they would like until early next year.
Global computer chip sales totaled $151.7 billion during the first three months of this year, a 23% jump from the same period in 2021, according to the Semiconductor Industry Association.
More than 75% of global chip production comes from Asia. That’s a possible vulnerability the U.S. hopes to protect against through more domestic production. There’s $52 billion worth of government investment in the sector in a bill being negotiated in Congress.
The risk of Chinese aggression against Taiwan could possibly cut off the flow of high-end computer chips that are needed in the U.S. for military gear as well as consumer goods. Similarly, the hermetic North Korea has been test-firing ballistic missiles amid a coronavirus outbreak, a possible risk to South Korea’s manufacturing sector should the brinkmanship escalate.
In terms of chip production, China leads the global pack with a 24% share, followed by Taiwan (21%), South Korea (19%) and Japan (13%). Only 10% of chips are made in the U.S., according to the Semiconductor Industry Association.
Samsung announced the plant in Taylor, Texas, in November 2021. It hopes to begin operation in the second half of 2024. The South Korean electronics giant chose the site based on factors including government incentives and the “readiness and stability” of local infrastructure.
The White House said in a fact sheet that semiconductor companies have announced nearly $80 billion in U.S. investments through 2025. That sum includes $20 billion for Intel’s plant outside Columbus, Ohio, up to $30 billion by Texas Instruments, a $1 billion expansion by Wolfspeed in New York and investments by Global Foundries and SK Group.
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Associated Press writer Darlene Superville in Washington contributed to this report. | https://cw33.com/news/politics/ap-politics/biden-to-highlight-u-s-chip-production-in-south-korea/ | 2022-05-21T02:31:50Z |
Metal-detecting stranger retrieves woman’s ring lost in sea
HAMPTON, N.H. (AP) — A Massachusetts woman’s diamond wedding ring, a family heirloom, is back on her finger after a man with a metal detector responded to her social media plea for help and found it at the bottom of the ocean.
Francesca Teal told The Boston Globe that she was tossing a football with her husband this month at North Beach in Hampton, New Hampshire, when the ring that once belonged to her great-grandmother slipped off her finger.
They couldn’t find the ring in the water after hours of searching, the 29-year-old from Groveland said.
Teal posted about the ordeal on Facebook and asked anyone who might frequent the beach with a metal detector to be on the lookout. Her post was shared thousands of times and got the attention of a man named Lou Asci.
Asci, 60 of Marshfield, put on a wetsuit and headlamp and went into the water searching for the ring with his metal detector. The first two days he went looking, he had no luck.
“I don’t take failure all too well,” Asci told the newspaper. “I wanted to go back and give it one last shot.”
That’s when he found the ring buried beneath the sandy ocean floor, he said. He sent Teal a picture, writing in a message: “Please tell me this is the ring so I can finally get off this beach.”
Asci returned the ring to Teal’s home, and her husband got on one knee to place it back on her finger.
“I have been so overwhelmed by the kindness of strangers this past week,” Teal wrote on Facebook. “It has been so amazing to witness humanity in this positive way & has brought so much faith to myself & others.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/20/metal-detecting-stranger-retrieves-womans-ring-lost-sea/ | 2022-08-20T22:26:30Z |
NEW YORK (AP) — Yankees pitcher Nestor Cortes presented broadcaster and Hall of Fame pitcher Jim Kaat with the franchise’s Lifetime Achievement Award on Thursday night, about three weeks after Kaat used an offensive nickname when talking about New York’s breakout left-hander.
The 83-year-old Kaat called the pitcher “Nestor the Molester” during a Minnesota Twins telecast this month, then reached out to Cortes to apologize. Cortes told The Associated Press later that night that he hadn’t taken offense and later tweeted to say he’d readily accepted Kaat’s apology.
“Jim Kaat has spent an entire lifetime in this game we love,” Cortes wrote. “He reached out to me and apologized for his remark last night, but he didn’t need to. We all make mistakes and feel 100% there was no malice intended. I plan on lifting him up with this tweet and I hope others do too. No sweat here Jim!”
Cortes presented Kaat with a clear trophy near home plate prior to New York’s opener of a four-game series against Houston. Kaat pitched for 25 seasons and was a longtime commentator who also worked for the Yankees.
Kaat was set to broadcast Thursday’s game with play-by-play man Bob Costas for MLB Network.
Kaat pitched 44 of his 898 games with the Yankees, going 2-4 with a 4.12 ERA.
He also made an apology after an on-air remark last October. That came after he said teams should try to “get a 40-acre field full of” players who look like White Sox infielder Yoán Moncada.
His comment about Moncada reminded some viewers of the unfilled promise by the U.S. government that freed slaves would receive 40 acres and a mule following the Civil War. He apologized later in that game between the Astros and White Sox.
“Earlier in the game when Yoán Moncada was at the plate, in an attempt to compliment the great player that he is, I used a poor choice of words that resulted in an insensitive and hurtful remark,” he said. “And I’m sorry for that.”
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More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/cortes-presents-kaat-with-yanks-award-after-molester-label/ | 2022-06-24T15:09:35Z |
NAPA COUNTY, Calif. (KRON) — Paul Pelosi, the husband of Speaker of the House Nancy Pelosi, will be facing an August 3 court date after he was arrested on suspicion of DUI over Memorial Day weekend, according to the Napa County District Attorney’s office.
Pelosi, 72, will be brought before Napa County Superior Court at 8:30 a.m.
“If criminal charges are filed, Mr. Pelosi would be arraigned at that time,” Napa County DA Allison Haley stated. “The case is currently under review to decide what, if any, charges will be filed against Mr. Pelosi. This is standard protocol for any DUI case that is referred by a law enforcement agency in Napa County.”
Pelosi was arrested May 29 on suspicion of driving under the influence after his car was struck by another vehicle. He was booked into the Napa County Department of Corrections, cited and released. Nancy Pelosi, who was on the East Coast at the time, declined to comment.
While Conservatives like Donald Trump, Jr. and Congresswoman Lauren Boebert have claimed on Twitter that charges against Pelosi have been dropped, Haley said that isn’t the case. Instead, she stated that “any speculation” that a decision has been made as to whether Pelosi should be charged “is incorrect.”
“When a filing decision is made by the Napa County District Attorney, the media and public will be notified,” Haley stated. | https://cw33.com/news/nexstar-media-wire/charges-still-pending-against-nancy-pelosis-husband-for-alleged-dui-despite-rumors/ | 2022-06-09T19:50:19Z |
DETROIT, April 25, 2022 /PRNewswire/ -- Blue Cross Blue Shield of Michigan (BCBSM) today announced a joint venture with Nashville-based Honest Medical Group to offer physicians comprehensive operational, clinical, and financial support for shared accountability Medicare contracts. The joint venture is the first of its kind for BCBSM and aligns with the organization's continued expansion of Blueprint for Affordability, its member-focused, value-based care and payment models.
Physician organizations can choose to work with Honest Medical Group for support in making administrative and operational changes needed to be successful in full financial-accountability Traditional Medicare and Medicare Advantage agreements with payers. When providers choose to enter these agreements, they often need significant resources to add or upgrade electronic medical record systems, billing systems, virtual care and other practice capabilities. Honest can provide financial and human resources to assist practices in this transformation.
"Our Medicare Advantage population typically has more chronic conditions or multiple health issues that require a higher level of coordination and management. So, we're advancing our value-based models to help members receive appropriate, high-quality, personalized health care that is more affordable. And we're making partnership decisions like this one with Honest to best support the physicians who care for our members," said Daniel J. Loepp, president and CEO, Blue Cross Blue Shield of Michigan.
Honest Medical Group was created specifically to improve the care experience and reduce costs for people with Medicare. The new partnership will transform the way care is delivered for a physician's whole Medicare patient panel, permitting physicians to use Honest Medical Group for its Traditional Medicare and Medicare Advantage members in any health plan. The partnership enables physicians to be successful as Blue Cross and other private and government health plans accelerate the transition to more comprehensive value-based payment models that add a deeper level of shared financial accountability among physician practices.
"This is just the beginning of a long-term partnership that we know will serve as a new model for health care companies and health plans across the country. The excitement around Honest and BCBSM stems from our belief that we can revolutionize care for people who need it most," said Adam Boehler, executive chairman and co-founder of Honest Medical Group. "We have confidence under the leadership of Dr. Aric Coffman and team that we will be successful."
As the largest health insurer in the state, Blue Cross is leading transformative change in developing and facilitating value-based care arrangements in Michigan while ensuring physicians can be successful in these arrangements. This partnership builds upon the growing spectrum of value-focused initiatives that are part of Blueprint for Affordability, a collection of value-based payment models with varying levels of physician financial accountability.
For more information, go to bcbsm.com
About Blue Cross Blue Shield of Michigan
Blue Cross Blue Shield of Michigan, a nonprofit mutual insurance company, is an independent licensee of the Blue Cross and Blue Shield Association. BCBSM provides health benefits to more than 4.7 million members residing in Michigan in addition to employees of Michigan-headquartered companies residing outside the state. The company has been committed to delivering affordable health care products through a broad variety of plans for businesses, individuals and seniors for more than 80 years. Beyond health care coverage, BCBSM supports impactful community initiatives and provides leadership in improving health care. For more information, visit bcbsm.com and MiBluesPerspectives.com.
About Honest Medical Group
Honest Medical Group is a Nashville-based, privately-owned company that partners with physicians to improve their patients' care experience and to reduce costs for people with Medicare. Honest provides financial backing, real-time insights, care management teams and administrative staff so physicians can put their patients first. Honest was founded by health care innovators Adam Boehler, founder and CEO of healthcare investment firm Rubicon Founders; Abe Sutton; and Matt Kim. For more information, visit HonestMedicalGroup.com.
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SOURCE Blue Cross Blue Shield of Michigan | https://www.wibw.com/prnewswire/2022/04/25/blue-cross-blue-shield-michigan-launches-joint-venture-with-honest-medical-group-assist-doctors-delivering-high-quality-cost-effective-patient-care-medicare-patients/ | 2022-04-25T15:05:56Z |
Cloud content management system utilizes distributed database technology to create seamless streaming experiences everywhere customers demand
DENVER, Aug. 30, 2022 /PRNewswire/ -- Today Edison Interactive (EI), the leader in connected device ecosystems, announced its platform's content is now faster with nearly no latency thanks to a collaboration with distributed database platform HarperDB. This partnership enables EI to deliver its premium content to customers in hard-to-reach places with a reduced API call latency of ten milliseconds, a fraction of the previous time.
HarperDB's decentralized database capabilities have been especially compelling in the case of EI's work on Shark Experience presented by Verizon, a product equipping golf carts with digital displays exclusively available through Club Car. The platform offers music streaming, live sports tickers, dynamic yardage, and other infotainment to golfers throughout their round. With many golf courses in remote locations, reliable connectivity can be a challenge, ultimately limiting a course's ability to enable live content streaming. Now, thanks to Edison's incorporation of the HarperDB framework, Shark Experience enables courses and golfers everywhere to enjoy premium content without any latency issues.
"Our technology is built to address the unique and specific challenges of our customers while also enhancing the end-user experience. Leveraging HarperDB's framework and shifting our platform to the MEC has enabled us to more rapidly deploy our technology and take advantage of machine learning and artificial intelligence to deliver more customized content," said Nick Stanitz-Harper, CRO and co-founder, Edison Interactive. "We've made a commitment to our partners to provide best-in-class solutions that not only deliver premium content but do so by utilizing the most advanced technology and our partnership with HarperDB enables us to do just that."
The Edison Platform is an end-to-end content management system with a suite of tools that allow customers to create interfaces and manage their entire network of screens while also serving unique content. The collaboration with HarperDB has increased API call speeds by 250x and has drastically helped to optimize load times, increase security and deliver a better end-user experience.
"Modern digital media requires dynamic content optimized by machine learning, intuitive interfaces driven by user behavior, and powerful networks delivering near-zero latency. EI and HarperDB are leveraging MEC to deliver real-time custom experiences anywhere. We're excited to see where this technology is used next," said HarperDB CEO Stephen Goldberg.
For more information, visit EdisonInteractive.com.
About Edison Interactive
Edison Interactive (EI) is a leading out-of-home (OOH) content management system (CMS) for connected devices in golf carts, rental vehicles, hotel rooms and more. Focused on digitally transforming the customer experience, EI is known for its vast network of premium displays, digital signage and infotainment solutions. The EI platform delivers valuable back-end insights and management capabilities for businesses while providing end-users with meaningful content and features that can be monetized. With a predominantly Fortune 500 client base, including Verizon Wireless, Avis Budget Group and Yahoo!, EI was founded in 2016 and is headquartered in Denver, Colorado. For more information, visit www.edisoninteractive.com.
About HarperDB
HarperDB's integrated application + data platform is orders of magnitude faster and more flexible than last-generation alternatives. Easily replace SQL and NoSQL databases for cloud, edge, on-prem, peer-to-peer, and multi-deployment use cases. From validating an idea to delivering global scale, HarperDB grows with your application, and saves you time and money every step of the way. Learn more at harperdb.io
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SOURCE Edison Interactive | https://www.kxii.com/prnewswire/2022/08/30/edison-interactive-partners-with-harperdb-deliver-premier-digital-out-of-home-content-with-zero-latency/ | 2022-08-30T11:48:15Z |
Editor's Note: Second in a two-part series.
One of the things I will miss about living in Albany is my small-town notoriety. People stop me on the street and in the stores all the time to comment on my articles. One such encounter occurred recently when a gentleman approached me in the shoe store. He had been waiting in his car for his wife when he spotted me walking in. He found me trying on a new pair of Sketchers walking shoes.
The man had, it turned out, seen my articles on Southern plantations and was reminded of a story that played out in Albany over a hundred years ago. He had read about it in The Albany Herald but had loaned the article to someone and never got it back. His memory was a little vague, but he wondered if I was familiar with the story. I was not, but I said I would look into it. I did, and here is what I discovered.
According to the Memoirs of Judge Richard H. Clark, published in 1898, Judge Clark was summoned to Albany in March 1859 to join the prosecution of the killer of Mr. Joseph Bond. Bond’s story sounds like the tale recalled by the man in the shoe store.
Joseph Bond was one of the wealthiest men in middle Georgia before the Civil War. He was the state's largest cotton grower and most successful planter. It was reported that in 1857, he set a world record with a cotton sale of 2,200 bales for $100,000. Bond was from Macon, but had holdings all over middle Georgia including, it would appear, in the Albany area at a place he called White Hill Plantation.
According to his contemporaries, Bond was not only a talented farmer and businessman, he also was a man of the highest character and talent.
“He was brave and courageous beyond measure," the judge wrote in his memoir. "He could not brook an insult or submit tamely to a wrong.”
When one of Bond’s employees, an overseer by the name of Marshall Brown, beat one of Bond’s slaves nearly to death, Bond fired the man and threatened to whip him if he ever touched one of his slaves again. Brown promptly found a job at a neighboring plantation, which put him in continuing contact with his former boss’s slaves.
Brown, as the story goes, held a grudge against his former employer and found an opportunity to antagonize the man by once again beating one of his slaves. When Bond found out, he immediately rode out to confront Brown and, true to his word, commenced to beat the cruel overseer with a stick. Unfortunately for Joseph Bond, the overseer had the foresight to arm himself. Brown also made sure to have white witnesses present to testify that he was being beaten and acting in self-defense when he pulled out a small pistol and shot and killed his former boss.
Joseph Bond was 44 years old. Brown was tried in an Albany courtroom but never charged in the killing.
Joesph Bond’s contemporaries portrayed him as “a kind master.” His slaves were “well-clad, well-fed, and well-cared-for.” After his death, his former slaves supposedly spoke of him “with trembling accents of love and gratitude.” I don’t want to be an apologist for slave owners, but Bond was a man of his times, and he did die defending the honor of one of his slaves.
The person who killed Bond was a cruel, vindictive man who had severely beaten a slave and deliberately shot and killed the man who came to his defense. But he was acting in self-defense. It was a sad story for all involved — especially for any slaves who came under of the lash of Marshall Brown.
The incident is recorded in Judge Clark’s memoir (available at the Dougherty County Public Library). It also is recalled in great detail at the Rose Hill Cemetery blog because, as I discovered, Joseph Bond is buried there.
Macon’s Rose Hill Cemetery is a 50-acre property located on the banks of the Ocmulgee River. It opened in 1840 and boasts the claim-to-fame as being the hangout and artistic inspiration for the Allman Brothers Band during their early years. In fact, brothers Duane and Gregg Allman are buried there, as is ABB bassist Barry Oakley. The cemetery was developed outside of the city because the land was less expensive. It was originally designed to be a both a cemetery and a local park.
People who visit Rose Hill Cemetery today might come across the Joseph Bond gravesite and be impressed with the memorial’s size and beauty. They might also do a bit of quick math and discover that he was only in his 40s when he died. But they will need to inquire further to learn the rest of the story — something I might never had known but for a chance encounter in a shoe store.
Cemeteries are more than just places to lay our loved ones to rest. They are as important to our communities as parks, libraries and town centers. They are historical archives. When I visited Albany’s Oakview Cemetery, I was impressed with the burial plot of Nelson Tift and his family, but I already knew his story. He was the founder of Albany and the employer of the former slave and bridgebuilder, Horace King.
I was struck, however, as I explored the tragic story of Joseph Bond that Nelson Tift was in Albany when the incident played out. I wonder if their paths ever crossed. Bond was murdered near Albany in March 1859, the year after Horace King completed the bridge house and its crossing of the Flint River. But if there is a story there, I can find no record of it. Cemeteries only give us the headlines.
Another intriguing but untold story surrounds a simple, unassuming grave in the cemetery my wife and I recently explored in Decatur. The Decatur Cemetery, we discovered, is the oldest burial ground in the Atlanta metropolitan area. The earliest headstones date to the 1820s, predating the city of Atlanta itself by more than a decade. The cemetery is Decatur’s largest downtown greenspace — a quiet park that covers about 58 acres and contains well over 20,000 graves. The landscaping and monuments in the 8-acre Old Section are historically significant and include the graves of local dignitaries, numerous Civil War veterans, and a man named John Hays.
Hays was born on Nov. 2, 1751, and he died June 17, 1829. In 1776, Hays would have been 25 years old. He was, according to his marker, a veteran of the Revolutionary War. How did this contemporary of George Washington come to be buried in Decatur, Georgia, and what was his role in the revolutionary war? Maybe that’s a story for another time.
We can wander among the monuments, headstones and markers, looking for stories. We can remember heroes and ordinary people, slaves and their owners, people who lived a long life and children who died too young. The stories may be personal or just a collective memory of our community. But cemeteries are a touching reminder of our own mortality because, at the end of the day, whether etched on a stone monument in a cemetery or simply carved into the hearts of loved ones left behind, we will all have an epitaph.
I’m not sure how I would like to be remembered. I like the humorous gravestones, like the one that recalls the famous “I see dead people” line from the 1999 movie "The Sixth Sense." One tombstone changes the language of that quote and perhaps gives us a glimpse into the afterlife when it says, “I see dumb people.” Another tombstone says, “Here lies an atheist. All dressed up and no place to go.”
Since I wish to be cremated or composted, I don’t plan to have a tombstone. If I did, I would probably just keep it simple. I like Mel Blanc’s epitaph. The voice of Bugs Bunny and a thousand other cartoon characters has on his tombstone: “That’s All Folks.” | https://www.albanyherald.com/features/cemeteries-stories-etched-in-stone/article_eb6aaf6e-c72b-11ec-80ea-fb4dd5e5da6b.html | 2022-04-28T21:00:55Z |
3 found dead at senior apartment building after heat complaints
CHICAGO (Gray News) - Three women were found dead inside of a Chicago apartment building for seniors in the days after residents complained about a lack of air conditioning.
Authorities say the victims were found at James Sneider Apartments at different times during the day Saturday between 11 a.m. and 7 p.m. They were identified as 68-year-old Janice Reed, 72-year-old Gwendolyn Osborne and 76-year-old Delores McNeely.
Officials have not said how the women died.
But Alderwoman Maria Hadden of the 49th Ward said residents had complained to her that the air conditioning wasn’t on during the hot days in the past week. She says the staff told her a city ordinance prevented them from turning on the air conditioning, but Hadden says there is no such ordinance.
“From being in those units, it’s so hot. It’s so hot in the units. These are senior residents, residents with health conditions. They should not be in these conditions,” said Hadden in a Facebook video.
The mayor’s office said the fire department was conducting a unit-by-unit check of residents, while city representatives worked to make sure the air conditioning was turned on and running properly.
“This shouldn’t have happened. Could’ve been prevented,” said Hadden on Facebook.
She vowed to work on accountability for the incident.
Copyright 2022 Gray Media Group, Inc. All rights reserved. WLS contributed to this story via CNN Newsource. | https://www.mysuncoast.com/2022/05/16/3-found-dead-senior-apartment-building-after-heat-complaints/ | 2022-05-16T06:07:05Z |
PITTSBURGH, Sept. 6, 2022 /PRNewswire/ -- "I'm a nurse and I know it can be impractical to remove and replace a mask after every presumed exposure with germs. I thought there could be a more practical disposable mask option," said an inventor, from Ridgeland, Miss., "so I invented the LAYERED MASK. My design would eliminate the need to change the entire mask."
The invention provides an improved design for a disposable face mask. In doing so, it would protect against airborne germs and it would last longer than standard masks. It would also eliminate the need to remove and replace the entire mask after exposure to germs. The invention features an efficient and cost-effective design that is easy to wear and use so it is ideal for healthcare workers, nurses, the general population, etc. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Jackson sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-JTK-138, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/09/06/inventhelp-inventor-develops-improved-design-disposable-face-masks-jtk-138/ | 2022-09-06T14:37:50Z |
CORPUS CHRISTI, Texas, July 28, 2022 /PRNewswire/ - Uranium Energy Corp. (NYSE American: UEC) (the "Company" or "UEC") announces that it has received a notice from UEX Corporation ("UEX") that Denison Mines Corp. ("Denison") has made an acquisition proposal for all of the issued and outstanding shares of UEX (the "Denison Proposal") pursuant to a plan of arrangement. UEX has further advised UEC that the board of directors of UEX has determined that the Denison Proposal constitutes a "Superior Proposal" as defined in the arrangement agreement (the "Arrangement Agreement") dated June 13, 2022, as amended June 23, 2022, among UEX, UEC and the UEC 2022 Acquisition Corp. and that UEX intends (subject to UEC's right to match the Denison Proposal) to enter into an agreement with Denison to implement the Denison Proposal.
Under the Arrangement Agreement, UEC has the right, for a period of five business days from receipt of UEX's notice, to offer to amend the terms of the Arrangement Agreement. In the event that UEC elects not to match and if UEX terminates the Arrangement Agreement in order to enter into an agreement with Denison, then UEX is required to pay to UEC a termination fee in the amount of US$8.25 million.
Amir Adnani, President and CEO, stated "UEC has consistently been disciplined and focused on delivering accretive transactions for our shareholders as exhibited by our successful M&A track record. While the competing offer for UEX validates the merits of this acquisition, since announcing the transaction, there has been significant market deterioration in the sector and this has created a broader set of growth opportunities that would be highly accretive and strategic in nature. We continue to be in the driver's seat with our acquisition of UEX, however, we have made no determination as to whether we will choose to match the competing offer. UEC will do a careful analysis to determine whether this or other opportunities we are considering provide the most compelling value for our shareholders."
Uranium Energy Corp is America's leading, fastest growing, uranium mining company listed on the NYSE American. UEC is a pure play uranium company and is advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (ISR) mining uranium projects. The Company has two production ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at the Hobson and Irigaray plants. UEC also has seven U.S. ISR uranium projects with all of their major permits in place. Additionally, the Company has other diversified holdings of uranium assets, including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in the only royalty company in the sector, Uranium Royalty Corp.; and (3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Stock Exchange Information:
NYSE American: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, market and other conditions, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
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SOURCE Uranium Energy Corp | https://www.kxii.com/prnewswire/2022/07/28/uranium-energy-corp-announces-receipt-competing-offer-acquire-uex-corporation/ | 2022-07-29T01:09:06Z |
GRAND HAVEN, Mich., June 7, 2022 /PRNewswire/ -- Shape Corp., a global tier-one automotive supplier of multi-material impact energy management and lightweight body structures, has entered into an agreement with Hydro, a leading producer of aluminum and renewable energy, to be the first to explore and bring to the US market, automotive components utilizing Hydro CIRCAL®, containing a minimum of 75% post-consumer aluminum scrap.
Hydro CIRCAL® is Hydro's brand of recycled aluminum made with a minimum of 75% recycled, post-consumer aluminum scrap, certified by third-party auditors DNV GL, and has a market-leading CO2 footprint of just 2.3 kg CO2e/kg aluminum – or less. CIRCAL® is expected to deliver an estimated 70% CO2 reduction versus the North American average for aluminum when including Scope 1,2,and 3 emissions. Through advanced processing technology, Hydro is able to create material with the highest post-consumer recycled content in the market. As a result, Hydro drastically reduces energy use in the production phase while still offering high-quality aluminum with equivalent metallurgical properties that maintain the strength and corrosion resistance needed in automotive components.
"We are very excited to enter into this close partnership alongside Hydro to bring a product to market that proves to assist in carving our path towards carbon neutrality" said Mark White, president and CEO – Shape Corp. "As the industry continues to shift towards electrification, it is exciting to see the progress that is being made to materials that keep sustainability in focus for the future of automotive."
This collaborative partnership opens the doors for Shape to introduce the uniqueness of Hydro CIRCAL® to the global automotive market, bringing green on green solutions while continuing to provide the strength and weight-saving properties held by Hydro's aluminum product line.
"Aluminum is lightweight, infinitely recyclable, maintaining all unique properties no matter how many times it's recycled. This is why the metal can play a significant role in the lightweighting of electric and hybrid vehicles, as cars need less electricity and fewer or smaller batteries to travel the same distances," said Eivind Kallevik, executive vice president - Hydro Aluminium Metal.
Hydro CIRCAL® provides a sustainable solution for OEMs as continued efforts target electrification, carbon neutral manufacturing and recycled material for future vehicle programs. Shape and Hydro aim to bring Hydro CIRCAL's first automotive product to the market through testing of material and identification of application projects.
As a multi-material company seeking to provide the best possible solution for the customer, Shape has pledged to reduce its global carbon emissions 30% by 2030 and to be fully carbon neutral by 2035. By developing products utilizing low-carbon aluminum, Shape aims to be carbon neutral in the production phase and to reduce carbon emissions for end users through lightweighting of the products it provides to its customers, thereby further contributing in mitigating climate change.
This partnership is a sustainable step forward as Shape expands its extrusion capacity with a new 320,000 sq ft. plant located in Trenton, OH to support ongoing industry growth.
Shape Corp. is a global leader in multi material automotive impact energy management systems and lightweight body structures utilizing advanced-high strength steel roll forming, tight tolerance aluminum extrusions and large tonnage injection molding. Founded in 1974, the company employes more than 3,500 team members with 17 facilities worldwide allowing Shape to serve customers in North America, Europe and Asia. For more information visit Shapecorp.com
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SOURCE Shape Corp. | https://www.mysuncoast.com/prnewswire/2022/06/07/shape-corp-hydro-aluminium-metal-enter-partnership-develop-automotive-products-utilizing-75-recycled-aluminum-scrap/ | 2022-06-07T19:19:10Z |
At more than 300 pools nationwide, Life Time provides family fun – and recommends five essential safety tips for the best summer ever
CHANHASSEN, Minn., May 26, 2022 /PRNewswire/ -- The temperatures are heating up and for most of the country, summer has arrived! Life Time, the nation's premier Healthy Way of Life brand (NYSE: LTH) which operates more than 300 indoor and outdoor pools nationwide, is anticipating an extremely busy season families are eager to get outdoors following two-plus years of the pandemic.
Life Time, which certifies more lifeguards than any other business nationwide, is sharing five easy-to-remember swim safety tips to ensure everyone can have fun and be safe on – and in – the water this year.
"There is truly nothing more important to us at Life Time than making sure we teach kids and parents vital swim safety information through our swim lesson programming. Every month we are proud to help more than 30,000 people learn how to swim," said Alicia Kockler, Life Time's Senior Vice President of Kids and Aquatics. "We have five Life Time tips to help your family has a safe summer in the water this year."
1. Follow the 25:10 Rule - This rule means that if a child can't swim 25 meters (the length of most pools) without stopping, a parent needs to be always within 10 feet of their child, preferably in the water.
2. Invest in Swim Lessons – The earlier you start your kids in swim lessons, the better. The younger children are when they start swimming, the more likely they'll excel and become confident in the water.
Kids can start lessons as early as four months old. Life Time offers swim lessons for kids of all ages taking an interactive instructional approach. Because our pools are zero-depth entry and have in-pool benches, islands, and floatation tools, children move from hands-on instructor support to independent movement as they progress.
3. Have a 1 to 3 Ratio of Guardians to Non-Swimmers – Keeping track of more than three kids at once can be too much. Those in care of children can also seek to become CPR-certified so they're able to be better prepared for emergency drowning situations.
4. Take Breaks Every Two Hours - Rest, rehydrate and reapply sunscreen before returning to the water for more fun.
5. Be Floatation Device Savvy – There are a lot of floatation devices that won't protect kids. It's important they wear a Coast Guard-approved life jacket. Also, avoid air-filled floaties.
Life Time is welcoming kids and families for a whole summer – and beyond – filled with healthy fun – from the pools to Kids studio classes, language, music, art, GameFace Training, Parents Night Out, Kids Camps and more. Additional information on Life Time's Kids and Aquatics programs can be found here.
A link to swimming b-roll footage from Life Time can be downloaded at this link.
About Life Time®
Life Time (NYSE: LTH) empowers people to live healthy, happy lives through its portfolio of nearly 160 athletic country clubs across the United States and Canada. The company's healthy way of life communities and ecosystem address all aspects of healthy living, healthy aging and healthy entertainment for people 90 days to 90+ years old. Supported by a team of more than 30,000 dedicated professionals, Life Time is committed to providing the best programs and experiences through its clubs, iconic athletic events and comprehensive digital platform.
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SOURCE Life Time, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/26/anticipating-busy-pool-season-life-time-stresses-swim-safety/ | 2022-05-26T14:56:04Z |
The U.S. Justice Department has opened an investigation into the Maryland State Police to determine if the agency engaged in racially discriminatory hiring and promotion practices, federal prosecutors announced Friday.
Word of the investigation follows a series of complaints from Black troopers about harassment and mistreatment by fellow white officers, concerns that drew the attention of a Maryland state legislator last year.
“Discrimination has no place in any workplace, and especially in law enforcement agencies,” Assistant U.S. Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division said in a news release. “Our investigation will determine whether the Maryland Department of State Police has created racially discriminatory barriers for Black people seeking job opportunities and promotions and, if so, identify the reforms necessary to ensure equal employment opportunities.”
Maryland Gov. Larry Hogan and Maryland State Police Superintendent Col. Woodrow W. Jones III have been informed and pledged cooperation with the investigation, the news release said.
“Significant actions have been taken and are continuing to address even the perception of racism or unfair treatment of any kind,” Jones said in a statement issued Friday afternoon.
Hogan’s office issued a statement calling Maryland State Police “the finest police organization in the country.” He said the state has committed funds to increase diversity and strengthen recruitment.
“It is important to ensure any wrongdoing is addressed, so we welcome this investigation and have pledged full cooperation,” said Michael Ricci, spokesperson for the governor’s office.
In 2021, Maryland State Sen. Joanne Benson of Prince George’s County said Black troopers accused the agency of racism and discrimination, pointing to disparities in discipline and promotions, as well as underrepresentation and allegations of instances of retaliation.
Benson met with more than 20 Black troopers who presented her with documents detailing their claims, WRC in Washington reported in February 2021. The television station did not identify the troopers because those who spoke out are violating department policy.
“They had the paperwork. They had the proof,” Benson said. “They had done their homework relative to the incidents that have occurred and the problems they were experiencing.”
Benson said Friday afternoon that the Maryland Legislative Black Caucus has been trying to draw attention to the problem of racism and discrimination within the state police for at least eight years. She said that after there was no significant progress, some of the troopers decided to take their case to the Department of Justice.
“What they have done to African American state troopers … has been shameful,” Benson said. “The discipline, the unfair suspensions, the terminations, the way that they discipline the African American state troopers over the white ones has just been unbelievable.”
Statistics provided by Maryland State Police and reported by WRC showed Black officers make up 8.9% of high-ranking commissioned officers and 11% of the agency’s non-commissioned officers, with very few rising to lieutenants.
Clarke F. Ahlers, a Maryland attorney who is representing Black troopers in several lawsuits against the state police, said he welcomes the Justice Department investigation.
“My belief is that the Maryland State Police have engaged in an unfortunate process of discriminating against troopers of color,” Ahlers said.
“I would not need a Justice Department investigation to convince me of racial discrimination within the ranks of the Maryland State Police,” he said.
Ahlers said he’s had four cases in the last five years that “screamed of discrimination” by the agency, although none was directly related to hiring or promotions. One of them involved a case which went in the favor of the trooper, who, Ahlers said, is still dealing with harassment from the department.
In another case, Ahlers said he represented a Black trooper who used minimal force in arresting a motorist. He and other officers involved were cleared in the incident. Afterward, a white trooper left a banana on the Black trooper’s car, Ahlers said.
The Black trooper complained about that act, and after he refused to withdraw the complaint, he was indicted for first-degree assault for the use of force, Ahlers said. The charge was eventually dropped by the State’s Attorney’s Office. As for the initial complaint about the banana being placed on his car, Maryland State Police said it had nothing to do with race, according to Ahlers.
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The spelling of Clarke F. Ahlers’ first name has been corrected. | https://cw33.com/news/u-s-news/ap-us-headlines/feds-to-investigate-maryland-state-police-hiring-practices/ | 2022-07-16T09:06:45Z |
LIUZHOU, China , July 22, 2022 /PRNewswire/ -- Choubao Luosifen, a new Chinese luosifen or river snail rice noodles brand, recently announced that the company has reached a milestone in building its business presence across the supply chain.
Luosifen, a local traditional food originating in Liuzhou, China, has not only been well received throughout the domestic market, but has also been gaining popularity among consumers worldwide. According to the city of Liuzhou's customs office, exports of pre-packaged Luosifen, now sold in dozens of countries and regions worldwide, continued climbing during the first five months of 2022, accounting for 53% of all exports recorded for the whole of 2021.
Choubao Luosifen has established long-term relationships with local snail and bamboo shoots farms to implement green, sustainable breeding protocols, with the aim of delivering both ecological and economic benefits. In addition, with the establishment of local snail noodles processing facilities, the company has attracted many talented technicians with extensive experience in the food sector, significantly enhancing the overall strength of its team.
"The quality of product is key to achieving sustainable development for a company," said the general manager of Choubao Luosifen in an interview. "Huge potential and promising prospects are foreseen for the luosifen market. As a result, as a luosifen producer, we are proud to contribute to the market's growth."
Choubao Luosifen has also collaborated with Jiangnan University to establish a Liuzhou Luosifen process innovation and scientific research center. The center is designed to protect and inherit the traditional methods for making luosifen by studying the characteristics of and key techniques for such rice noodles, including the production and fermentation processes, and the cultivation of beneficial bacterial colonies of sour bamboo shoots.
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SOURCE Choubao | https://www.wibw.com/prnewswire/2022/07/22/choubao-luosifen-expand-business-across-supply-chain/ | 2022-07-22T19:20:58Z |
BENTON HARBOR, Mich., July 18, 2022 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR), committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home, will release its second-quarter financial results and presentation materials at 4:05 p.m. ET on Monday, July 25, 2022. Whirlpool Corporation will then hold a conference call to discuss its performance with the investment community at 8 a.m. ET on Tuesday, July 26, 2022.
To participate in the conference call, dial 1 (888) 440-4038 and Conference ID 2610251. International participants should dial 1 (646) 960-0861 and Conference ID 2610251. Participants should dial in at least 10 minutes prior to the call, as they may experience longer than usual wait times.
The conference call will be webcast live on the Company's website at www.whirlpoolcorp.com and may be accessed by clicking on the "Investors" tab located at the top of the page. To listen to the live webcast, participants should visit the site at least 15 minutes prior to the conference call to download any required streaming media software. Key financial statistics, the earnings presentation, and an archived recording of the conference call will be available on the Company's website for at least 30 days.
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. In an increasingly digital world, the company is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit and Yummly. In 2021, the company reported approximately $22 billion in annual sales, 69,000 employees and 54 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
Website Disclosure
We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.
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SOURCE Whirlpool Corporation | https://www.wibw.com/prnewswire/2022/07/18/whirlpool-corporation-announce-second-quarter-results-july-25-hold-conference-call-july-26/ | 2022-07-18T20:56:10Z |
CINCINNATI (AP) — San Francisco Giants outfielder Joc Pederson said Cincinnati Reds outfielder Tommy Pham slapped him prior to Friday’s series opener over a dispute about their fantasy football league.
While the Giants warmed up in the outfield, Pham confronted Pederson and smacked him in the face before the pair was separated.
Major League Baseball is investigating, and Pham agreed to be scratched from Cincinnati’s lineup shortly before first pitch pending results of the inquiry.
Pederson said after the Reds’ 5-1 victory that he was accused of cheating for placing a player on injured reserve and replacing him with a free agent in a fantasty football league. Pederson said the player he put on IR had been ruled out for that week, which made it a legal move. He said Pham had executed essentially the same maneuver with his own team.
“I sent a screenshot of the rules, how it says that if a player’s ruled out, you’re allowed to put him on the IR and that’s all I was doing,” Pederson. “He literally did the same thing. That was basically all of it.”
Pederson said he had no advance notice that Pham might confront him during the series in Cincinnati.
“There was no argument, he kind of came up and said, ‘You remember from last year?’ and I said, ‘Fantasy football?'” Pederson recalled.
The Giants outfielder said he didn’t retaliate after being slapped, and he has no plans to re-engage Pham while the team is in Cincinnati.
“Violence isn’t the answer. It’s over as far as I’m concerned,” Pederson said. “I won’t talk to him. I don’t think he wants to talk to me, I don’t know. It was a weird interaction.”
Pham threatened violence to settle an on-field score with San Diego’s Luke Voit in April, challenging the slugger to a fight after Voit injured Reds catcher Tyler Stephenson with a hard, ugly slide into home.
“If Luke wants to settle it, I get down really well,” Pham said. “Anything. Muay Thai, whatever. Like I said, I’ve got an owner here who will let me use his facility.”
The scuffle was witnessed by reporters and occurred before fans entered the ballpark.
Reds manager David Bell refused to comment on the incident, and Pham refused to speak on the record with reporters.
“Major League Baseball is investigating it, and until that’s complete, I’m probably not going to say much on it,” Giants manager Gabe Kapler said.
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More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/reds-pham-and-giants-pederson-in-pregame-altercation/ | 2022-05-28T22:24:47Z |
Wow! Woman finds $36K hidden in couch from Craigslist
LOS ANGELES (KABC) - A woman in Southern California found thousands of dollars hidden inside a couch she recently got from an online listing.
Vicky Umodu said she found $36,000 in the couch she got for free from a seller on Craigslist.
Umodu found several envelopes filled with money once she got the couch home. At first, she said she didn’t realize what she had found.
“I was so excited, I was screaming, ‘It’s money,’” Umodu said.
The California woman said she did return the cash to the original owners, who told her they got rid of the couch after the recent death of a loved one.
But the owners were so grateful that they gave Umodu $2,200 as a thank you.
The family also said they ended up finding hundreds of dollars hidden around the house where the couch was located.
Copyright 2022 KABC via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/03/wow-woman-finds-36k-hidden-couch-craigslist/ | 2022-06-03T03:03:51Z |
GREENVILLE, S.C., June 7, 2022 /PRNewswire/ -- Premier Medical Laboratory Services (PMLS), a highly advanced medical diagnostics laboratory based in Greenville, SC, reports their identification of the first BA.4 variant cases reported in the state of Florida. Three cases were found at the lab in positive COVID-19 samples collected from Miami-Dade County.
PMLS, which houses one of the largest variant tracing platforms in the country, can conduct a process called Next Generation Sequencing (NGS) on up to 40,000 samples per week to identify novel variants. That capability allowed their findings of some of the first BA.2, or "Stealth Omicron," variant cases in the states of Florida and South Carolina in February of 2022. The NGS data that PMLS has provided Florida and other states throughout the nation is instrumental in understanding COVID-19 transmission throughout each phase of the pandemic.
While there is another surge in COVID-19 cases due to BA.4 and BA.5, health experts are not expecting an increase in the severity of infections or resulting deaths. But, Columbia University professor of microbiology and immunology, Dr. David Ho warns, "It's a serious threat" due to its transmissibility. He said, "Only a month ago, it was .02 percent," meaning that BA.4 and BA.5 represented just .02 percent of COVID-19 cases in the nation, and now they already make up about 7 % of cases in the US.
One reason for the variants' higher infection rate is that they are more able to evade vaccines and boosters for the virus than previous strains. Dr. Ho recently conducted a study on antibodies present in those who have been vaccinated and boosted, as well as the antibodies of those presenting a natural immune response to BA.4 and BA.5 variants. In this study, they found that that BA.4 and BA.5 viruses are more than four more times likely to penetrate the COVID-19 vaccines and boosters when compared with the highly transmissible BA.2 viruses.
BA.4 and BA.5 originated in South Africa. As of the end of May, BA.4 was identified in 30 countries and BA.5 was detected in 32 countries. Because laboratories like PMLS conduct Next Generation sequencing, scientists, researchers, state health departments, and entities like the Centers of Disease Control can better understand the virus so that vaccines and boosters can be adequately altered to remain effective against the virus.
The BA.4 and BA.5 cases found by PMLS are deidentified, meaning that the names of the patients from which the samples were collected cannot be provided. PMLS will continue to conduct surveillance to help gather vital data on this new omicron subvariant and others and will report any further findings to respective state health departments.
Premier Medical Laboratory Services (PMLS), headquartered in Greenville, South Carolina, is an advanced molecular diagnostics lab fully certified by top laboratory accrediting organizations, including CLIA and CAP. PMLS prides itself on delivering some of the most rapid turnaround times of testing results in the industry and patient friendly billing. They offer thousands of advanced medical diagnostic tests and screenings including genomic risk assessment assays for heart disease and diabetes, as well as women's health panels, toxicology, allergy testing, pharmacogenomics, routine blood chemistry, and noninvasive prenatal testing (NIPT). With a heartfelt mission to improve patient care, their in-house research and development team of PhD scientists and forward-thinking laboratory staff are continually innovating to provide the most advanced medical diagnostics available to improve patient lives. For more information about PMLS, please visit www.premedinc.com or call 866-387-2909.
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SOURCE Premier Medical Laboratory Services | https://www.wibw.com/prnewswire/2022/06/07/first-covid-19-ba4-variant-cases-state-florida-identified/ | 2022-06-07T18:42:38Z |
CHENGDU, China, July 14, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced financial results for the fiscal year ended March 31, 2022.
Please note that the following financial results reflect the deconsolidation of the financial figures of Senmiao's former variable interest entities ("VIEs") Sichuan Senmiao Ronglian Technology Co., Ltd. ("Sichuan Senmiao"), Sichuan Jinkailong Automobile Leasing Co., Ltd. ("Jinkailong") and Chengdu Youlu Technology Ltd. ("Youlu"), as of March 31, 2022. Jinkailong's and Youlu's business results have now been classified as discontinued operations but were previously classified under Automobile Transaction and Related Services.
Fiscal 2022 Financial and Operating Highlights
- Total revenues of $4.9 million from continuing operations, a 124.5% increase from $2.2 million in the prior fiscal year
- From October 23, 2020, the date Senmiao launched its online ride-hailing platform, to March 31, 2022, approximately 20 million rides were completed through the platform (including orders completed on the platform operated by Senmiao and orders completed on partner platforms, such as Meituan) with fares paid by riders totaling $63.3 million.
- Net loss from continuing operations of $5.6 million, compared to $7.5 million in the prior fiscal year
Management Commentary
Xi Wen, Chairman, Chief Executive Officer and President of Senmiao, stated, "Despite ongoing challenges presented by the pandemic environment in China, we are pleased with the significant growth we have achieved in our automobile transaction and related service and online ride-hailing platform services businesses, which drove our impressive top line results for fiscal year 2022. With our equity investee company, we leased a total of over 2,300 vehicles in fiscal 2022, compared to 1,200 in fiscal 2021, which resulted in a 666% year-over-year increase in rental income. We believe our continuous efforts in shifting our business focus to these new lines of business have begun to exhibit remarkable results, and we are optimistic about their future growth potential, which will continue to fuel top line growth for Senmiao as we continue to explore new regional markets. As of March 31, 2022, our platform has helped facilitate approximately 17 million rides since launch, with an additional 3 million rides completed on our partners' platforms. Our ride-hailing services are now available in 20+ cities throughout China."
Mr. Wen continued, "During fiscal year 2022, Senmiao strengthened our partnership base, establishing and expanding upon relationships with companies that possess a significant national presence and the resources to help us enter new local regions. This has enabled us to significantly grow our main businesses. We believe we are in a strong position to continue growing our online ride-hailing platform, which we anticipate will have a positive impact on our auto rental business as our replicable model of offering a flexible automobile rental option has been well received by our online ride-hailing drivers. With that in mind, Senmiao plans to provide a series of product solutions to increase the number of our automobiles for operating leases. We will remain focused on becoming a leading financing and servicing company and a significant player in the online ride-hailing market in China."
Financial Review
Revenues
Total revenues from continuing operations were $4.9 million for the year ended March 31, 2022, a 124.5% increase from $2.2 million in the prior fiscal year. This increase was largely due to increased contributions from operating lease revenues from automobile rentals and online ride-hailing platform services.
During the year ended March 31, 2022, Senmiao continued to shift its business focus to automobile rental options for ride-hailing drivers while developing its online ride-hailing platform services business. As a result, the automobile rental business generated operating lease revenues of $1.7 million for the year ended March 31, 2022, compared to $0.2 million in the prior fiscal year, due to a significant increase in the number of automobiles leased. The online ride-hailing platform services business generated revenues of $2.7 million, a 195.1% increase from $0.9 million in the prior fiscal year.
Cost of Revenues
Cost of revenues from continuing operations increased to $6.5 million for the year ended March 31, 2022, from $2.0 million in the prior fiscal year, primarily due to increased expenses related to costs of automobiles under operating leases and direct expense and technical service fees related to Senmiao's online ride-hailing platform.
Gross Loss (Profit)
Gross loss from continuing operations was $1.6 million for the year ended March 31, 2022, compared to gross profit from continuing operations of $0.2 million in the prior fiscal year, due to the significant increase in cost of revenues as a result of the rapid expansion of the Company's automobile leasing and online ride-hailing platform services businesses. Senmiao leased and sub-leased approximately 400 automobiles to online ride-haling drivers through its former VIE Jinkailong during the year ended March 31, 2022. Rental income of approximately $1.3 million from Jinkailong was eliminated in the consolidated financial statements while sub-leasing income from these automobiles of approximately $1.8 million was recorded in loss of discontinued operations.
Selling, General and Administrative Expenses
Selling, general and administrative expenses for continuing operations increased to $9.5 million for the year ended March 31, 2022, compared to $5.9 million in the prior fiscal year. The increase was primarily due to increased salary and employee benefit expenses as a result of hiring additional staff, increased office rental expense and charges, and increase in advertising and promotion expenses related to the online ride-hailing platform.
Net Loss
Net loss from continuing operations for the year ended March 31, 2022, was $5.6 million, compared to $7.5 million in the prior fiscal year. The year-over-year improvement was primarily due to an $8.7 million increase in the fair value change of derivative liabilities related to warrants issued in the Company's previous offerings, offset by the increase in the loss from operations of $5.6 million.
Loss per Share
Loss per share for continuing operations was approximately $1.66 based on a weighted average number of basic and diluted common stock of 5.7 million, compared to approximately $1.65 based on a weighted average number of basic and diluted common stock of 3.9 million.
On April 5, 2022, Senmiao announced a 1-for-10 reverse stock split with trading to begin on a split-adjusted basis at the market open on April 6, 2022. Weighted average number of basic and diluted common stock numbers noted herein were given retroactive effect to account for the 1-for-10 reverse stock split.
Results from Discontinued Operations
For the year ended March 31, 2022, results from discontinued operations (primarily from Senmiao's former VIE Jinkailong as noted above) and the gain from their deconsolidation are as follows:
Financial Position
As of March 31, 2022, Senmiao had cash and cash equivalents of $1.2 million, compared to $4.3 million as of March 31, 2021, for its continuing operations. Total stockholders' equity was $8.1 million as of March 31, 2022, compared to $5.9 million as of March 31, 2021.
Further information regarding Senmiao's results of operations for the fiscal year ended March 31, 2022, can be found in Senmiao's Annual Report on Form 10-K, which will be filed with the Securities and Exchange Commission today.
About Senmiao Technology Limited
Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchases and financing, management, operating leases, guarantees and other automobile transaction services, as well as operates its own ride-hailing platform aimed principally at the growing online ride-hailing market in Senmiao's areas of operation in China. For more information about Senmiao, please visit: http://www.senmiaotech.com. Senmiao routinely provides important updates on its website.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements (including those relating to the operation of Senmiao's ride-hailing platform) are subject to significant risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao's filings with the SEC, and represent Senmiao's views only as of the date they are made and should not be relied upon as representing Senmiao's views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances.
For more information, please contact:
At the Company:
Yiye Zhou
Email: edom333@ihongsen.com
Phone: +86 28 6155 4399
Investor Relations:
The Equity Group Inc.
Carolyne Sohn, Vice President
+1 415-568-2255
csohn@equityny.com
In China
Lucy Ma, Associate
+86 10 5661 7012
lma@equityny.com
© 2022 Senmiao Technology Ltd. All rights reserved.
*Giving retroactive effect to the 1-for-10 reverse stock split effected on April 6, 2022
[1] XXTX is the entity associated with Senmiao's Xixingtianxia ride-hailing platform.
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SOURCE Senmiao Technology Limited | https://www.mysuncoast.com/prnewswire/2022/07/14/senmiao-technology-reports-fiscal-2022-year-end-financial-results/ | 2022-07-14T22:04:41Z |
Wayne County man convicted of murder for fatal shooting in Canton in 2021
CANTON – A Stark County jury has convicted a Doylestown man of murder and other charges for a May shooting during gun sale that turned deadly.
Zachary Becker, 31, was immediately sentenced in Stark County Common Pleas Court to 21 years to life in prison by Judge Chryssa Hartnett.
More:Trial begins for Doylestown man accused of gunning down Canton resident
More:One dead on Canton's NE side, Canton police investigating as homicide
Jurors began deliberating Wednesday morning and reached a verdict just after 2 pm.
Becker was found guilty of murder, felonious assault, tampering with evidence and two firearm specifications for killing 38-year-old Canton resident Michael Gates Jr.
Zachary Becker sentenced immediately
Assistant Prosecutors Megan Starrett and Michael John requested the maximum prison sentence possible for Becker.
Defense attorney Aaron Kovalchik told Hartnett his client intended to file an appeal and would not be commenting further.
Gates' family declined to speak publicly when granted the opportunity during victim impact statements but submitted a letter to Hartnett to consider before sentencing.
"Mr. Becker, it became very clear to me through all of the evidence in the case that you did everything you could to avoid detection and that the only things you seem to regret are things that led to your capture," the judge said.
Becker testified he'd met with Gates in Canton to sell him a firearm, and something went wrong. Becker fatally shot Gates outside the victim's apartment in the 300 block of Ninth Street NE on May 20.
Hartnett reminded Becker that he'd testified to the events that occurred on the day of the shooting, and that he indicated he regretted hiding the gun in an oven and pouring alcohol on a doorknob in an attempt to destroy evidence. But, the judge said, he never said he regretted taking Gate's life.
According to court records and testimony, Becker fled before being arrested May 21 in Richville by the U.S. Marshal's Violent Fugitive Task Force.
Reach Cassandra cnist@gannett.com; Follow on Twitter @Cassienist | https://www.cantonrep.com/story/news/2022/04/06/jury-convicts-zachary-becker-murder-killing-michael-gates-jr/9482119002/ | 2022-04-06T21:54:37Z |
PAINESVILLE, Ohio, July 7, 2022 /PRNewswire/ -- Arcline Investment Management ("Arcline") today announced the acquisition of Custom Interconnects LLC ("Custom Interconnects") and the formation of Qnnect LLC ("Qnnect"), a specialty interconnects platform aimed at solving critical connectivity challenges in high-performance applications. Qnnect brings Custom Interconnects together with Meritec and Joy Signal Technology.
Custom Interconnects designs and manufacturers Fuzz Buttons®, a high-performance, proprietary contact pin technology enabling critical applications within the aerospace, defense, and semiconductor industries. Fuzz Buttons® perform exceptionally well in small form factor electronics that require low signal distortion, high frequency, low insertion force, and shock and vibration resistance.
"I am excited to welcome the Custom Interconnects team to the Qnnect family," said Kevin Perhamus, CEO of Qnnect. "With more than 40 years of experience designing custom Fuzz Buttons® to meet its customers' high performance connectivity requirements, Custom Interconnects expands Qnnect's industry leading technologies to better solve our customers' connectivity challenges."
Edward Petsuch, CEO of Custom Interconnects, added, "We are extremely proud of the legacy our team has built around consistently providing high quality products and enabling our customers to achieve their technology goals. I look forward to seeing the business continue to grow within Qnnect."
About Qnnect
Qnnect is a leading global producer of highly engineered electronic interconnect solutions for high-density and high-speed applications of leading original equipment manufacturers. Qnnect's connector and interconnect businesses have over 100 years of combined experience as trusted partners in the Defense & Aerospace, Hi-Rel, Semiconductor, Test & Measurement, and Consumer Electronics markets. For more information, visit www.qnnectnow.com.
About Arcline Investment Management
Arcline is a growth-oriented private equity firm with $4.4 billion in cumulative capital commitments. Arcline seeks to invest in technology-driven, meaningful to the world industrial businesses that enable a better future. For more information visit www.arcline.com.
FOR FURTHER INFORMATION:
Ozzie Billimoria
o.billimoria@qnnectnow.com
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SOURCE Arcline Investment Management | https://www.kxii.com/prnewswire/2022/07/07/arcline-acquires-custom-interconnects-forms-qnnect/ | 2022-07-07T21:27:58Z |
NEW YORK, May 27, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/aurinia-pharmaceuticals-inc-loss-submission-form/?id=27755&from=4
The lawsuit seeks to recover losses for shareholders who purchased Aurinia Pharmaceuticals Inc. between May 7, 2021 and February 25, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 14, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Aurinia Pharmaceuticals Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) Aurinia was experiencing declining revenues; (ii) Aurinia's 2022 sales outlook for the Company's only product which it offers for the treatment of adult patients with active lupus nephritis, LUPKYNIS, would fall well short of expectations; (iii) accordingly, the Company had significantly overstated LUPKYNIS's commercial prospects; (iv) as a result, the Company had overstated its financial position and/or prospects for 2022; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/05/27/auph-shareholder-alert-jakubowitz-law-reminds-aurinia-pharmaceuticals-inc-shareholders-lead-plaintiff-deadline-june-14-2022/ | 2022-05-27T10:38:46Z |
UPPSALA, Sweden, Sept. 7, 2022 /PRNewswire/ -- Orexo AB (publ.), (STO: ORX) (OTCQX: ORXOY) today announces the Integrated Healthcare System, Trinity Health in North Dakota, in partnership with Orexo, is expanding patient access to digital therapeutics. Trinity Health will now offer Orexo's evidence-based digital therapies vorvida® and deprexis® to help patients manage depression and excessive drinking.
During the last year, Orexo and Trinity Health have collaborated to establish new administrative processes and support systems to ensure effective patient access to these innovative digital therapies and reimbursement of the products through a collaborative care model. In preparation for the implementation, Orexo and Trinity Health have educated more than 50 healthcare professionals in the collaborative care model, where more traditional healthcare delivery methods are combined with Orexo's digital therapies. To ensure successful implementation, Orexo and Trinity Health have agreed on an extensive communication plan to patients in North Dakota and Eastern Montana.
Both vorvida® and deprexis® are based on cognitive behavioural therapy techniques that empower patients in their efforts to make behaviour and lifestyle changes. These digital therapeutics can be used privately and are available 24 hours a day, helping to reduce the stigma that is often associated with mental illness and substance use disorders (SUD) as well as making evidence-based psychosocial support accessible to a large group of patients.
Trinity Health serves over 25 counties and more than 200,000 people in North Dakota and Eastern Montana, many of whom live in remote areas. According to the Centers for Disease Control and Prevention (CDC), North Dakota has the highest prevalence of binge drinking in the US. CDC data also shows an estimated 25 percent of the adults in North Dakota, and 27 percent of adults in Montana, experienced symptoms of major depressive disorder in July 2022.
Nikolaj Sørensen, President and CEO, said: "I am very pleased to announce that Trinity Health has started to offer our innovative digital therapies, vorvida® and deprexis®, to help patients manage depression and excessive drinking. This milestone is the result of an extensive collaboration with Trinity Health and our shared ambition to be at the forefront in helping people suffering from mental illness and substance misuse. I look forward to continuing our partnership and supporting Trinity Health in becoming a frontrunner among US healthcare systems in making digital therapeutics accessible to patients."
The announcement from Trinity Health can be found at:
https://www.trinityhealth.org/trinity-health-partners-with-orexo-u-s-to-expand-patient-access-to-digital-therapeutics/
For further information, please contact:
Orexo AB (publ.)
Nikolaj Sørensen, President and CEO
Tel: +46 (0)18 780 88 00
Email: ir@orexo.com
Lena Wange, IR & Communications Director
Tel: +46 (0)18 780 88 00
Email: ir@orexo.com
About Orexo
Orexo develops improved pharmaceuticals and digital therapies addressing unmet needs within the growing space of substance use disorders and mental health. The products are commercialized by Orexo in the US or via partners worldwide. The main market today is the American market for buprenorphine/naloxone products, where Orexo commercializes its lead product ZUBSOLV® for treatment of opioid use disorder. Total net sales for 2021 amounted to SEK 565 million and the number of employees was 121. Orexo is listed on the Nasdaq Stockholm Mid Cap (ORX) and is available as ADRs on OTCQX (ORXOY) in the US. The company is headquartered in Uppsala, Sweden, where research and development activities are performed.
For more information about Orexo please visit www.orexo.com. You can also follow Orexo on Twitter, @orexoabpubl, LinkedIn, and YouTube.
About Trinity Health
Trinity Health is a nonprofit, integrated healthcare system serving northwest and central North Dakota and eastern Montana. There is also a tertiary care hospital in Minot covering more than 40 specialties as well as several rural health clinics and a long-term care facility. Trinity provides a full complement of healthcare services to the region. Since 1922, Trinity has been committed to looking ahead and improving ourselves in ways that provide the best, most compassionate care possible for our patients, families and communities. For more information about Trinity Health please visit, www.trinityhealth.org. You can also follow Trinity Health on Facebook, Instagram, Twitter, LinkedIn and YouTube.
The information was submitted for publication at 4.30 pm CET, on September 7, 2022.
This information was brought to you by Cision http://news.cision.com
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SOURCE Orexo | https://www.kxii.com/prnewswire/2022/09/07/orexos-partner-trinity-health-today-announces-availability-vorvida-deprexis-patients/ | 2022-09-07T16:28:32Z |
TIFTON – Tift Regional Medical Center recently earned three awards from the American Heart Association: Get With The Guidelines-Heart Failure Gold Plus, Get With The Guidelines-Stroke Gold Plus, and Target: HF Honor Roll, and Target: Type 2 Diabetes Honor Roll Achievement Awards.
“I am incredibly proud of all of our staff members who helped us meet the standards and guidelines for these three awards,” LeAnn Pritchett, Southwell’s system director of quality and safety, said in a news release. “We are honored to be recognized by this program of the American Heart Association/American Stroke Association, and we believe that these awards truly showcase our commitment to quality care. I know that our incredible staff has pulled together in each of these areas to make this happen, and I am so grateful to them for their hard work and dedication.”
Tift Regional Medical Center earned these awards by meeting specific quality achievements related to the diagnosis and treatment of heart failure patients, providing quality care for stroke patients by following treatment guidelines and providing education to stroke patients, and met quality measures of the “Overall Diabetes Cardiovascular Initiative Composite Score.” The Get With The Guidelines systems were developed to assist health care professionals in providing the most up-to-date, research-based guidelines for treating heart failure and stroke patients.
“We are pleased to recognize Tift Regional Medical Center for their commitment to heart failure care,” said Dr. Clyde W. Yancy, the national chairperson of the American Heart Association Heart Failure systems of care advisory group and chief, division of cardiology at Northwestern University, Feinberg School of Medicine. “Hospitals that follow Get With The Guidelines protocols often see fewer readmissions and lower mortality rates – a win for health care systems, families and communities.”
“Research has shown that hospitals adhering to clinical measures through the Get With The Guidelines quality improvement initiative can often see fewer readmissions and lower mortality rates,” said Dr. Lee H. Schwamm, national chairperson of the Quality Oversight Committee and executive vice chair of Neurology, director of Acute Stroke Services, Massachusetts General Hospital of Boston. “We are pleased to recognize Tift Regional Medical Center for their commitment to stroke care."
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accounts, the history behind an article. | https://www.albanyherald.com/news/tift-regional-medical-center-earns-three-quality-awards/article_8aa74484-0a8e-11ed-940c-9728b95f262f.html | 2022-07-23T14:52:23Z |
UNITED NATIONS (AP) — Two U.N. peacekeepers were killed Friday when their armored personnel carrier hit an improvised explosive device in central Mali in the sixth incident in less than two weeks targeting the U.N. mission in the West African nation that has faced a decade-long Islamic insurgency.
U.N. spokesman Stephane Dujarric said the device that killed the Egyptian peacekeepers and wounded one other was planted on a road outside the town of Douentza in the Mopti region.
Their APC was escorting a civilian convoy and was on its way from Douentza to Timbuktu when it hit the device, he said.
“The intent is to disrupt the lives of the Malian people, to disrupt transport, to disrupt security,” Dujarric said. “These roads are used by civilians, civilian trucks, civilian buses, but also by the security forces, whether it’s the Malian army or U.N. peacekeepers … (who) have been victims over and over again of improvised explosive devices.”
It was the sixth incident in which a U.N. peacekeeping mission convoy was hit since May 22 and the second fatal attack on a convoy this week, the U.N. spokesman said.
A U.N. peacekeeping convoy was attacked by suspected terrorists in the northern Kidal region on Wednesday and a Jordanian peacekeeper was killed and three other Jordanians were wounded. Dujarric said the supply convoy came under sustained fire for about an hour from attackers who used small arms and rocket launchers.
Mali has been in turmoil since a 2012 uprising prompted mutinous soldiers to overthrow the president. The power vacuum that resulted ultimately led to an Islamic insurgency and a French-led war that ousted the jihadists from power in 2013. But insurgents remain active and extremist groups affiliated with al-Qaida and the Islamic State group have moved from the arid north to more populated central Mali since 2015, stoking animosity and violence between ethnic groups in the region.
Mali’s current ruling junta seized power in August 2020, and in April the junta leaders said a transition to civilian, democratic rule would take at least two years.
The U.N. Security Council and U.N. Secretary-General Antonio Guterres strongly condemned Friday’s attack in separate statements and called on Mali’s transitional government to swiftly identify the perpetrators and bring them to justice. They both underlined that attacks on peacekeepers may constitute war crimes.
The secretary-general “pays tribute to the determination and the courage of peacekeepers, who continue to implement their mandates in extremely challenging circumstances in support of the people of Mali,” U.N. spokesman Stephane Dujarric said.
The Security Council stressed that involvement in planning, directing, sponsoring or conducting attacks against peacekeepers also constitutes a basis for U.N. sanctions.
Council members “expressed their concern about the security situation in Mali and the transnational dimension of the terrorist threat in the Sahel region” and urged full implementation of a 2015 peace agreement “without further delay.”
The U.N. mission says over 255 of its peacekeepers and personnel have died since 2013, making Mali the deadliest of the U.N.’s dozen peacekeeping missions worldwide.
“The word grateful isn’t strong enough to express how we feel towards those member states which continue to provide many peacekeepers around the world,” Dujarric said. “Egyptians, Jordanians, Chadians and others have given their lives for the people of Mali for the cause of peace and we’re eternally grateful for their continued support.”
The head of the U.N. mission in Mali, El Ghassim Wane, condemned Friday’s attack on the U.N. convoy, saying such attacks can constitute war crimes.
He also condemned an attack Wednesday near Kayes in western Mali by gunmen riding motorcycles against a vehicle marked with the Red Cross emblem that killed a worker for the Dutch Red Cross and the car’s driver. | https://cw33.com/news/international/ap-international/2-un-peacekeepers-killed-in-6th-incident-in-mali-in-2-weeks/ | 2022-06-04T13:33:57Z |
Following a Banner 2021 Year, Voyage Real Estate continues to innovate, expanding its business to global markets.
Their partnership with The London Broker is now allowing its clients to explore new opportunities internationally.
LOS ANGELES, April 21, 2022 /PRNewswire/ -- VOYAGE Real Estate, is proud to announce it has been recognized as part of The Financial Times (FT) list of The Americas' Fastest Growing Companies 2022.
Voyage was ranked no.343 out of 500 on the 2022 list which included companies like Netflix, Amazon, Shopify, and Lyft, among others. The rankings are based on the compound annual growth rate (CAGR) in revenue, between 2017 and 2020 for public and private businesses across North and South America.
Ari Afshar, Founder, and CEO: "We are extremely honored to be sharing the stage with such incredible companies that we've admired for years. We look forward to continued success as we pioneer the residential real estate space and change the way home buyers and sellers experience real estate as a whole."
For additional information on how VOYAGE provides a superior real estate experience, please visit voyagerealestate.com
About Voyage
VOYAGE is a team of top realtors and leading experts in Los Angeles Real Estate with over $800 million in career sales to date.
Our dedicated administrative staff, marketing, and design team collaborate to provide the needed coverage and exposure that reaches beyond what any others can provide. A novel and fresh approach to marketing both buyers and sellers and access to exclusive off-market resources.
VOYAGE has built an exceptional nationwide network with a hyper-local and international presence leveraging exceptional relationships within the brokerage community.
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SOURCE Voyage Real Estate | https://www.wibw.com/prnewswire/2022/04/21/voyage-real-estate-recognized-financial-times-list-americas-fastest-growing-companies-2022/ | 2022-04-21T12:55:13Z |
U.S. Postal Service Honors Folk Singer Pete Seeger
Published: Jun. 22, 2022 at 12:52 PM CDT|Updated: 1 hour ago
Stamp Is Latest in Music Icons Stamp Series
NEWPORT, R.I., June 22, 2022 /PRNewswire/ --
Postal Products
Customers may purchase stamps and other philatelic products through the Postal Storeat usps.com/shopstamps, by calling 844-737-7826, by mail through USA Philatelic or at Post Office locations nationwide.
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/06/22/us-postal-service-honors-folk-singer-pete-seeger/ | 2022-06-22T18:59:37Z |
Leading cybersecurity firm issues Q1 Small and Medium-Sized Business Vulnerabilities Report (SMBVR), identifies vulnerabilities that can be exploited by attackers at 82% of U.S. SMBs, 78% of SMBs in Canada
For the first time, CyberCatch's SMBVR detected significant vulnerability to "session riding" attacks among North American SMBs
SAN DIEGO and VANCOUVER, BC, May 31, 2022 /PRNewswire/ -- CyberCatch today announced the publication of its quarterly Small and Medium-Sized Businesses Vulnerabilities Report (SMBVR) for Q1 2022 to alert small and medium-sized businesses (SMBs) to an alarming rise in vulnerabilities detected in Internet-facing websites, servers and applications. Of greatest concern, CyberCatch's SMBVR has detected – for the first time in the report's history – substantial levels of vulnerability among both U.S. and Canadian SMBs to "session riding" attacks, an insidious tactic that forces authenticated users to unknowingly submit malicious requests that can have drastic consequences.
The SMBVR is a quarterly research study focused on SMBs in North America to detect vulnerabilities that a cyber attacker can identify and exploit to break into a business, steal data and or infect its systems with ransomware. The Q1 2022 SMBVR was comprised of scans of a random sample of 12,050 SMBs (10,878 in U.S. and 1,172 in Canada) in ten high-value target segments. Key findings of the Q1 2022 study include:
- 82% of U.S. and 78% of Canadian SMBs have spoofing vulnerabilities that attackers can easily exploit.
- CyberCatch's report detected significant levels of session riding vulnerability among SMBs, with 50% of such businesses in the U.S. demonstrating this vulnerability and 49% in Canada. This is the first time this vulnerability has reached such critical levels in the research report.
- Spoofing, clickjacking, session riding and sniffing are the four key vulnerabilities that SMBs are susceptible to in the U.S. and Canada.
- Spoofing, clickjacking and sniffing vulnerabilities levels more than doubled in the U.S. when compared to Q4 2021.
- Defense contractors, manufacturers, managed service providers (MSPs), technology companies, colleges and universities, legal and accounting firms and medical practices have significantly higher rates of vulnerabilities both in the U.S. and Canada.
"The Q1 2022 SMBVR should be a wake-up call for all types of SMBs. The high levels of vulnerabilities detected – across all ten segments both in the U.S. and Canada – is very concerning. It indicates that large numbers of SMBs have security holes that can be easily exploited remotely to steal data and install ransomware. This is an existential threat to SMBs – and to the overall economies of the U.S. and Canada," said Sai Huda, founder, chairman and CEO, CyberCatch. Mr. Huda is a globally recognized risk and cybersecurity expert and author of the best-selling book, "Next Level Cybersecurity."
"Given its size, limited knowledge about cybersecurity and resources, an SMB may never be able to recover from a cyberattack. Foreign adversaries and criminal gangs view SMBs as the weakest link in the chain and are increasingly targeting SMBs for the initial payout but also to get to the eventual larger target who the SMB may be a supplier to (upstream risk), or to the SMB's customers (downstream risk) and in the process, they don't care a bit about any collateral damage caused or if the SMB survives or not," continued Mr. Huda.
"In fact, two Joint Advisories issued in May 2022 from International Cyber Authorities, confirm the risk identified by CyberCatch. The May 11 Joint Advisory from the U.S. CISA, NSA, FBI and International Cyber Authorities (Canada, UK, Australia and New Zealand) warns of expected increased attacks targeting MSPs focusing on their customers (downstream risk). The majority of MSPs are themselves SMBs and CyberCatch's SMBVR identified MSPs as one of ten segments with significant vulnerabilities that could be exploited. The May 17 Joint Advisory from U.S. CISA, NSA, FBI and International Cyber Authorities (Canada, UK, New Zealand and Netherlands) warns of missing or ineffective cybersecurity controls that are commonly exploited by attackers, which includes failing to scan for vulnerabilities and failing to perform ongoing testing of controls, so SMBs need to take enhanced risk mitigation action as recommended in the Joint Advisories and in the SMBVR," said Mr. Huda.
To download a copy of the SMBVR, please visit CyberCatch's website.
CyberCatch is a unique cybersecurity Software-as-a-Service (SaaS) company that protects small and medium-sized businesses (SMBs) from cyberattacks by focusing on the root cause why SMBs fall victim: security holes. It provides an innovative cloud-based SaaS platform coupled with deep subject matter expertise to help SMBs implement just the right type and amount of cybersecurity controls. The platform then performs automated testing of controls from three dimensions: outside-in, inside-out and social engineering. It generates the Cyber Breach Score to continuously measure cyber risk, and finds security holes and guides the SMB to fix them promptly, so attackers can't exploit any missing or broken controls to break in and steal data or infect ransomware. CyberCatch's continuous value proposition: Test. Fix. Secure.
Learn more at: https://www.cybercatch.com
For U.S. inquiries, KCD PR: CyberCatch@kcdpr.com
For Canada inquiries, PRMediaNow: Scott@prmedianow.com
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SOURCE CyberCatch | https://www.mysuncoast.com/prnewswire/2022/05/31/new-cybercatch-research-discovers-alarming-increase-cyber-vulnerabilities-small-medium-sized-businesses-us-canada/ | 2022-05-31T16:47:03Z |
SANDUSKY, Ohio (AP) — An amusement park in Ohio announced Tuesday it would be permanently closing the world’s second-tallest roller coaster.
The decision by Cedar Point comes a year after a small metal object flew off the 420-foot (128-meter) tall Top Thrill Dragster coaster and struck a woman in the head at the park in Sandusky. A state investigation found no evidence that the park acted illegally or had reason to believe the ride was unsafe.
The ride has remained closed since the Aug. 15, 2021 accident. Park officials did not say if the accident influenced their decision to permanently close the coaster, which has operated for 19 years and drawn 18 million riders.
In a statement announcing the closure, the park noted it “legacy of ride innovation continues. Our team is hard at work, creating a new and reimagined ride experience.” It said more details about its plans would be disclosed in the future.
The Kingda Ka roller coaster at Six Flags Great Adventure in Jackson Township, New Jersey, is considered the world’s tallest with a 456-foot (139-meter) elevation. | https://cw33.com/news/ap-top-headlines/ap-worlds-second-tallest-roller-coaster-is-permanently-closing/ | 2022-09-07T01:27:21Z |
MIDLAND, Mich., April 11, 2022 /PRNewswire/ -- Dow has earned a place on the Great Place to Work® and FORTUNE 100 Best Companies to Work For® list, for the second consecutive year. Dow is the only materials science company to be recognized and one of only four manufacturing companies to make the list.
Great Place to Work, the global authority on workplace culture, selected the 100 Best Companies to Work For list using rigorous analytics and confidential employee survey responses from more than 4.5 million current U.S. employees. In that survey, 74% of Dow employees said it is a great place to work, which is 17% points higher than the average U.S. company.
"This incredible recognition, now for the second year in a row, underscores what we at Dow have always known – that our greatest single differentiator is our people," said Jim Fitterling, Dow chairman and chief executive officer. "From the way we collaborate to help create a better society, to how we stand up for one another, our customers, and our communities — together, we strive every day to do better for each other."
Great Place to Work evaluates companies based on how fairly employees are treated. Companies are assessed on how well they are creating a great employee experience across race, gender, age, disability status, or any aspect of who employees are or what their role is.
"This recognition is a testament to the passion and dedication of Team Dow to create a workplace and a world that embraces our differences as our greatest strength," said Karen S. Carter, Dow chief human resources officer and chief inclusion officer. "We know our business succeeds when our employees thrive. Realizing our purpose and ambition as a company requires an inclusive culture that enables our people to contribute their greatest value."
Dow has also been recognized by Great Place to Work® with certification in several other countries around the world including Argentina, Brazil, Canada, Colombia, India, Indonesia, Mexico, the Philippines, Saudi Arabia, Singapore, South Africa and Spain.
Additionally, Dow was named one of the "World's Most Admired Companies" by FORTUNE in 2022, named a "2021 PEOPLE Companies that Care®" for the 2nd consecutive year by Great Place to Work® and PEOPLE, and one of the "Best Workplaces in Manufacturing & Production™" by Great Place to Work® and FORTUNE in 2021.
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
Great Place to Work® selected the 100 Best Companies to Work For by gathering and analyzing confidential survey responses from more than 4.5 million U.S. employees at Great Place to Work-Certified™ organizations that have at least 1,000 U.S. employees. Company rankings are derived from 60 employee experience questions within the Great Place to Work Trust Index™ survey. Read the full methodology.
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
For further information, please contact:
Kyle Bandlow
+1.989.638.2417
kbandlow@dow.com
Twitter: https://twitter.com/DowNewsroom
Facebook: https://www.facebook.com/dow/
LinkedIn: http://www.linkedin.com/company/dow-chemical
Instagram: http://instagram.com/dow_official
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SOURCE The Dow Chemical Company | https://www.wibw.com/prnewswire/2022/04/11/great-place-work-fortune-recognize-dow-among-100-best-companies-work-for-2nd-consecutive-year/ | 2022-04-11T15:36:09Z |
TREVOSE, Pa., May 24, 2022 /PRNewswire/ -- Harte Hanks Inc. (NASDAQ: HHS), a global customer experience company, won two prestigious PDMA/ANA Benjamin Franklin Awards (a.k.a. "Benny Awards") at the 2022 show honoring creativity, innovation, strategy, and results.
Harte Hanks' winning campaigns were the Sony BRAVIA XR TV Cognitive Intelligence Launch in the show's Interactive Email Campaign category and the Sony 360 Reality Audio Speaker Launch in the Creative Only Email category.
"Our team is humbled and ecstatic to win two more Benny Awards for our Sony work," says Chris Castano, Creative Director at Harte Hanks. "We're proud of the success we've had at this competitive show over the years. A strong relationship with Sony and our common desire to innovate is what fuels our teams' passion."
Both winning campaigns promoted new innovations with stunning animation and content that drove high customer engagement.
- The Sony BRAVIA XR TV Launch campaign had a two-pronged email strategy—mixing functional with emotional themes—to illustrate the amazing visionary experience of this new technology.
- The Sony 360 Reality Audio Speaker Launch visually illustrated its immersive sound as if listeners were at a live concert or alongside the artist in the studio.
"It's exciting to be honored for our BRAVIA XR TV Launch and 360 Reality Audio Speaker Launch campaigns," says MaryAnn Corpuz, Sr. Marketing Lead at Sony Electronics. "We'll look to continue breaking barriers in our future email marketing campaigns with Harte Hanks."
Other recent wins for Harte Hanks and Sony at the PDMA Benjamin Franklin Awards include:
2021 Sony Alpha 7S III Launch
2019 Sony Dolby Launch; Sony aibo Campaign; Sony MASTER Series TV Launch
2018 Sony A1E BRAVIA LED Launch; Sony Cyber Monday Email
2016 Best in Show: Sony X900C TV Campaign
The 2022 Benjamin Franklin Awards ceremony took place at The Corinthian Yacht Club of Philadelphia on May 19, 2022, where agencies and companies representing some of the biggest brands celebrated the night's winners.
About Harte Hanks:
Harte Hanks (NASDAQ: HHS) is a leading global customer experience company whose mission is to partner with clients to provide them with CX strategy, data-driven analytics and actionable insights combined with seamless program execution to better understand, attract, and engage their customers.
Using its unparalleled resources and award-winning talent in the areas of Customer Care, Fulfillment and Logistics, and Marketing Services, Harte Hanks has a proven track record of driving results for some of the world's premier brands including Bank of America, GlaxoSmithKline, Unilever, Pfizer, HBOMax, Volvo, Ford, FedEx, Midea, Sony, and IBM among others. Headquartered in Chelmsford, Massachusetts, Harte Hanks has over 2,500 employees in offices across the Americas, Europe and Asia Pacific.
For more information, visit hartehanks.com.
For media inquiries, contact Jennifer London at Jen.London@HarteHanks.com
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SOURCE Harte Hanks, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/24/harte-hanks-sony-continue-their-winning-tradition-receive-two-2022-pdma-benjamin-franklin-awards/ | 2022-05-24T21:53:46Z |
DALLAS (KDAF) — WalletHub has released its ranking of the best states to be a police officer.
So, how beneficial is it to be a police officer in Texas? According to the study, Texas ranked as the 18th best place to be a police officer in the nation.
The study compared all states and Washington D.C. across 30 different metrics such as income for officers to police deaths per 1,000 officers.
Here are some key findings regarding Texas, from the study:
- 7th – Law-Enforcement Officers per Capita
- 15th – Median Income for Law-Enforcement Officers (Adjusted for Cost of Living)
- 49th – Median Income Growth for Law-Enforcement Officers
- 36th – Violent-Crime Rate
- 31st – % of Homicide Cases Solved
- 33rd – State & Local Police-Protection Expenses per Capita
- 50th – Police Deaths per 1,000 Officers
Here are the top 10 states in the nation to be a police officer:
- Connecticut
- California
- Illinois
- Washington D.C.
- Maryland
- Massachusetts
- Minnesota
- Washington
- Colorado
- Ohio
For the full report, visit WalletHub. | https://cw33.com/news/local/new-study-ranks-best-states-to-be-a-police-officer-where-does-texas-rank/ | 2022-05-09T17:47:45Z |
LISBON, Portugal (AP) — Portuguese health authorities on Wednesday confirmed five cases of monkeypox in young men, and Britain announced two more new cases, marking an unusual outbreak in Europe of a disease typically limited to Africa.
Portugal’s General Directorate for Health said that it was also investigating 15 suspected cases and that all were identified this month in the area around the capital, Lisbon.
All the Portuguese cases involve men, most of them young, authorities said. They have skin lesions and were reported to be in stable condition. Officials did not say if the men had a history of travel to Africa or any links with recent cases in Britain or elsewhere.
In the U.S. on Wednesday, state health officials in Massachusetts reported a case of monkeypox in a resident who had traveled to Canada, and investigators are looking into whether it is connected to the European outbreaks.
British health authorities said Wednesday they had identified two new cases of monkeypox, one in London and another in southeast England. They said that neither patient had previously traveled to Africa and that it was possible they were infected in the U.K. The cases had no known links to other previously confirmed patients, suggesting there may be multiple chains of monkeypox transmission happening in the country.
Dr. Susan Hopkins, chief medical adviser of Britain’s Health Security Agency, said the latest cases, alongside the other infections reported in Europe, “confirms our initial concerns that there could be spread of monkeypox within our communities.”
The agency said recent cases had been seen “predominantly in gay, bisexual or men who have sex with men,” although it noted it was unclear how exactly people had been infected.
Monkeypox has not previously been documented to have spread through sex, but can be transmitted through close contact with infected people, their clothing or bedsheets.
Earlier this week the U.K. agency reported four cases of monkeypox they said had been spread among gay and bisexual men in London. The agency said the risk to the general population “remains low.”
Health authorities in Spain’s central Madrid region said late Wednesday that they were assessing 23 possible cases of monkeypox. They said that all of the suspected cases are young men and that the majority of them had sex with other men.
The disease belongs to a family of viruses that includes smallpox. Most people recover from monkeypox within weeks, but the World Health Organization says the disease is fatal for up to one in 10 infected people. Sporadic cases of monkeypox have been seen previously in countries including Britain and the U.S., but nearly all have been in people who were likely infected during their travels in Africa.
Dr. Ibrahim Soce Fall, the WHO’s assistant director-general for emergency response, said the spread of monkeypox in the U.K. needed to be investigated to understand how the disease was being transmitted among men who have sex with other men.
Fall said health officials also still need a better understanding of how monkeypox spreads in general, even in the countries where it is endemic.
He noted that while there were more than 6,000 reported cases in Congo and about 3,000 cases in Nigeria last year, there are still “so many unknowns in terms of the dynamics of transmission.”
Britain previously reported three earlier cases of monkeypox, two involving people who lived in the same household and the third someone who had traveled to Nigeria, where the disease occurs frequently in animals.
The virus has typically spread to people from infected animals like rodents, although human-to-human transmission has been known to occur.
Some British experts said it was too soon to conclude that monkeypox had spread through sexual contact, although the outbreak there suggested that possibility.
“The recent cases suggest a potentially novel means of spread,” Neil Mabbott, a disease expert at the University of Edinburgh, said, adding that related viruses were known to spread via sex.
Keith Neal, an infectious diseases expert at the University of Nottingham, said the transmission might not have occurred through sexual activity but just “the close contact associated with sexual intercourse.”
Monkeypox typically causes fever, chills, a rash and lesions on the face or genitals resembling those caused by smallpox. A vaccine developed against smallpox has been approved for monkeypox, and several anti-virals also appear to be effective.
___
Cheng reported from London. Joe Wilson in Barcelona, Spain and Aritz Parra in Madrid contributed to this report. | https://cw33.com/health/ap-health/portugal-finds-5-monkeypox-cases-in-men-as-outbreak-spreads/ | 2022-05-19T08:45:31Z |
LONDON, Aug. 4, 2022 /PRNewswire/ -- Smith+Nephew (LSE: SN) (NYSE: SNN), the global medical technology company, today announces that the OXINIUM Technology Tour of Change mobile exhibit will make a stop at the Pro Football Hall of Fame during its enshrinement weekend in Canton, Ohio from August 4-6. As the official joint replacement technology of the Pro Football Hall of Fame, Smith+Nephew is committed to educating retired players, their families, and the community about the differences in material, design and technology to consider when selecting a hip or knee replacement. Smith+Nephew is partnering with the Hall of Fame Health network of Elite Care centers to ensure that patients including former professional football players across the country have access to Smith+Nephew products and technologies.
Over the past 20 years, in over two million cases, OXINIUM Technology has established itself as the best performing bearing with the lowest risk of revision in total hip arthroplasty (THA)1-4 at 9-17 years, alongside strong clinical performance in knees.5,6
Pro Football Hall of Famer, Elvin Bethea received an OXINIUM implant as part of a recent total hip replacement procedure. He commented, "OXINIUM Technology has turned my life, my body, and my whole world around. Having this implant gives me peace of mind and allows me to continue to do the things I enjoy."
The Tour of Change is a 550 square foot mobile exhibit that will be setup at Fun Fest - a free, family-focused event area on the Pro Football Hall of Fame campus during enshrinement weekend. The exhibit is designed to provide players, healthcare professionals and the community with an opportunity to learn what makes OXINIUM Technology unique, how an implant is made, and how it has delivered strong clinical performance over time in both hip and knee replacements.1-6
Bruce Matthews, a Pro Football Hall of Famer who is an OXINIUM knee patient is similarly pleased with his results. "After a 19-year career in the NFL as an offensive lineman, my knees took a beating and became too painful to ignore. I'm confident that Smith+Nephew's OXINIUM Technology was the best choice for me, especially as a larger guy."
To learn more about how OXINIUM delivers the durability of metal, the wear resistance of ceramic, and corrosion resistance better than both7-16, please visit www.oxinium.com.
References
- Davis ET, Pagkalos J, Kopjar B. Bearing surface and survival of cementless and hybrid total hip arthroplasty in the National Joint Registry of England, Wales, Northern Ireland and the Isle of Man. JBJS. 2020;5(2):pe0075.
- Peters RM, Van Steenbergen LN, Stevens M, et al. The effect of bearing type on the outcome of total hip arthroplasty. Acta Orthopaedica. 2018; 89(2):163-169.
- Atrey A, Ancarani C, Fitch D, Bordini B. Impact of bearing couple on long-term component survivorship for primary cementless total hip replacement in a large arthroplasty registry. Poster presented at: Canadian Orthopedic Association; June 20–23, 2018; Victoria, British Columbia, Canada.
- Australian Orthopaedic Association National Joint Replacement Registry (AOANJRR) Hip, Knee & Shoulder Arthroplasty: 2021 Annual Report.
- The Orthopaedic Data Evaluation Panel (ODEP). www.odep.org.uk. Accessed June 1st, 2021. Referencing JOURNEY II, LEGION and GENESIS II OXINIUM Knee Systems.
- Innocenti M, Matassi F, Carulli C, Nistri L, Civinini C. Oxidized zirconium femoral component for TKA: A follow-up note of a previous report at a minimum of 10 years. The Knee. 2014;21:858–861.
- Hunter G, Dickinson J, Herb B, et al. Creation of oxidized zirconium orthopaedic implants. Journal of ASTM International. 2005;2:1-14.
- Long M, Riester L, Hunter G. Nano-hardness Measurements of Oxidized Zr-2.5Nb and Various Orthopaedic Materials. Abstract presented at: 24th Annual Meeting of the Society for Biomaterials. April 22-26, 1998, San Diego, California.
- Parikh A, Hill P, Hines G, Pawar V. Wear of conventional and highly crosslinked polyethylene liners during simulated fast walking/jogging. Poster presented at: 55th Annual Meeting of the Orthopaedic Research Society, 2009. Poster no. 2340.
- Parikh A, Hill P, Pawar V, Sprague J. Long-term Simulator Wear Performance of an Advanced Bearing Technology for THA. Poster presented at: 2013 Annual Meeting of the Orthopaedic Research Society. Poster no. 1028.
- Papannagari R, Hines G, Sprague J, Morrison M. Long-term wear performance of an advanced bearing technology for TKA. Poster presented at: 2011 Annual Meeting of the Orthopaedic Research Society. Poster no. 1141.
- Smith+Nephew 2010. OR-10-155.
- Aldinger P, Williams T, Woodard E. Accelerated Fretting Corrosion Testing of Zirconia Toughened Alumina Composite Ceramic and a New Composition of Ceramicised Metal Femoral Heads. Poster presented at: 2017 Annual Meeting of the Orthopaedic Research Society. Poster no. 1037.
- Smith+Nephew 2016. OR-16-127.
- 2005 ASM International Engineering Materials Achievement Award.
- Dalal A, Pawar V, McAllister K, Weaver C, Hallab NJ. Orthopedic implant cobalt-alloy particles produce greater toxicity and inflammatory cytokines than titanium alloy and zirconium alloy-based particles in vitro, in human osteoblasts, fibroblasts, and macrophages. J Biomed Mater Res Part A. 2012;100A:2147-2158.
About Smith+Nephew
Smith+Nephew is a portfolio medical technology business focused on the repair, regeneration and replacement of soft and hard tissue. We exist to restore people's bodies and their self-belief by using technology to take the limits off living. We call this purpose 'Life Unlimited'. Our 18,000 employees deliver this mission every day, making a difference to patients' lives through the excellence of our product portfolio, and the invention and application of new technologies across our three global franchises of Orthopaedics, Sports Medicine & ENT and Advanced Wound Management.
Founded in Hull, UK, in 1856, we now operate in more than 100 countries, and generated annual sales of $5.2 billion in 2021. Smith+Nephew is a constituent of the FTSE100 (LSE:SN, NYSE:SNN). The terms 'Group' and 'Smith+Nephew' are used to refer to Smith & Nephew plc and its consolidated subsidiaries, unless the context requires otherwise.
For more information about Smith+Nephew, please visit www.smith-nephew.com and follow us on Twitter, LinkedIn, Instagram or Facebook.
Forward-looking Statements
This document may contain forward-looking statements that may or may not prove accurate. For example, statements regarding expected revenue growth and trading margins, market trends and our product pipeline are forward-looking statements. Phrases such as "aim", "plan", "intend", "anticipate", "well-placed", "believe", "estimate", "expect", "target", "consider" and similar expressions are generally intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. For Smith+Nephew, these factors include: risks related to the impact of COVID-19, such as the depth and longevity of its impact, government actions and other restrictive measures taken in response, material delays and cancellations of elective procedures, reduced procedure capacity at medical facilities, restricted access for sales representatives to medical facilities, or our ability to execute business continuity plans as a result of COVID-19; economic and financial conditions in the markets we serve, especially those affecting health care providers, payers and customers (including, without limitation, as a result of COVID-19); price levels for established and innovative medical devices; developments in medical technology; regulatory approvals, reimbursement decisions or other government actions; product defects or recalls or other problems with quality management systems or failure to comply with related regulations; litigation relating to patent or other claims; legal compliance risks and related investigative, remedial or enforcement actions; disruption to our supply chain or operations or those of our suppliers (including, without limitation, as a result of COVID-19); competition for qualified personnel; strategic actions, including acquisitions and dispositions, our success in performing due diligence, valuing and integrating acquired businesses; disruption that may result from transactions or other changes we make in our business plans or organisation to adapt to market developments; and numerous other matters that affect us or our markets, including those of a political, economic, business, competitive or reputational nature. Please refer to the documents that Smith+Nephew has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Smith+Nephew's most recent annual report on Form 20-F, for a discussion of certain of these factors. Any forward-looking statement is based on information available to Smith+Nephew as of the date of the statement. All written or oral forward-looking statements attributable to Smith+Nephew are qualified by this caution. Smith+Nephew does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in Smith+Nephew's expectations.
™ Trademark of Smith+Nephew. Certain marks registered US Patent and Trademark Office.
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SOURCE Smith & Nephew plc | https://www.kxii.com/prnewswire/2022/08/04/smithnephews-oxinium-technology-tour-change-touches-down-pro-football-hall-fame-during-enshrinement-weekend/ | 2022-08-04T12:44:01Z |
PETACH TIKVA, Israel, Aug. 17, 2022 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended June 30, 2022.
Second Quarter 2022 Highlights
- Revenues were $9.1 million
- Operating profit was $0.3 million
- Profit before tax was $1.0 million.
- Net profit was $0.8 million or $0.13 per fully diluted share
- Net cash provided by operating activities amounted to $0.5 million
- Repair of the damaged production line was completed and production has returned to normal capacity
"While we were able to record revenues of $9.1 million in the second quarter of 2022, our revenues and operating profit was affected by the fire that broke out at our plant in Petach-Tikvah. The fire was extinguished, but completely shut down the production phase carried out in one of our production departments. Within a period of approximately two weeks we managed to employ an alternative process using other machines and renewed partial deliveries to customers while prioritizing critical orders. As of today, our production levels are at normal volume," said Eli Yaffe, CEO of Eltek.
"As a result of the fire, our ability to supply finished products to our customers was impaired, resulting in lower than planned sales and increased costs. We are currently discussing with the insurance company the amount of compensation for the damages we incurred," further explained Mr. Yaffe.
"During July, we renewed our shelf registration statement which will permit us to raise up to $20 million. The registration statement is intended to enable us to raise capital at a time when market conditions and our share price will be appropriate," concluded Mr. Yaffe.
Second Quarter 2022 GAAP Financial Results
Revenues for the second quarter of 2022 were $9.1 million, compared to $9.1 million in the second quarter of 2021;
Gross profit for the second quarter of 2022 was $1.7 million (18% of revenues) compared to $2.4 (26% of revenues) in the second quarter of 2021;
Operating profit for the second quarter of 2022 was $0.3 million compared to operating profit of $1.0 million in the second quarter of 2021;
Financial income for the second quarter of 2022 was $0.6 million compared to financial expenses of $0.1 million in the second quarter of 2021. Financial income resulted from the erosion of the NIS against the US dollar.
Profit before income tax for the second quarter of 2022 was $1.0 million compared to $1.0 million in the second quarter of 2021;
Net profit for the second quarter of 2022 was $0.8 million or $0.13 per fully diluted share compared to net profit of $0.9 million or $0.16 per fully diluted share in the second quarter of 2021;
Second Quarter 2022 Non-GAAP Financial Results
EBITDA for the second quarter of 2022 was a $0.8 million (9% of revenues) compared to EBITDA of $1.4 million (16% of revenues) in the second quarter of 2021;
First six months of 2022 GAAP Financial Results
Revenues for the first six months of 2022 were $18.8 million, compared to $16.3 million in the first six months of 2021;
Gross profit for the first six months of 2022 was $3.6 million (19% of revenues) compared to $3.5 (22% of revenues) in the first six months of 2021;
Operating profit for the first six months of 2022 was $1.0 million compared to operating profit of $1.2 million in the first six months of 2021;
Financial income for the first six months of 2022 was $732,000 compared to financial income of $20,000 in the first six months of 2021. Financial income resulted from the erosion of the NIS against the US dollar.
Profit before income tax for the first six months of 2022 was $1.7 million compared to $1.2 million in the first six months of 2021;
Net profit for the first six months of 2022 was $1.4 million or $0.24 per fully diluted share compared to net profit of $1.2 million or $0.20 per fully diluted share in the first six months of 2021;
First six months of 2022 Non-GAAP Financial Results
EBITDA for the first six months of 2022 was a $1.9 million (10% of revenues) compared to EBITDA of $2.1 million (13% of revenues) in the first six months of 2021;
Conference Call
Today, Wednesday, August 17, 2022, at 8:30am Eastern Time (15:30pm Israel Time, 5:30am Pacific Time), Eltek will conduct a conference call to discuss the results. The call will feature remarks by Eli Yaffe, Chief Executive Officer and Ron Freund, Chief Financial Officer.
To participate, please call the following teleconference numbers. Please allow for additional time to connect prior to the call:
United States: 1-866-860-9642
Israel: 03-918-0691
International: +972-3-918-0691
To Access a Replay of the Call
A replay of the call will be available for 30 days on the Investor Info section on Eltek's corporate website at http://www.nisteceltek.com approximately 24 hours after the conference call is completed.
About Eltek
Eltek – "Innovation Across the Board", is a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), and is an Israeli leading company in this industry. PCBs are the core circuitry of most electronic devices. Eltek specializes in the manufacture and supply of complex and high quality PCBs, HDI, multilayered and flex-rigid boards for the high-end market. Eltek is ITAR compliant and has AS-9100 and NADCAP Electronics certifications. Its customers include leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe and Asia.
Eltek was founded in 1970. The Company's headquarters, R&D, production and marketing center are located in Israel. Eltek also operates through its subsidiary in North America and by agents and distributors in Europe, India, South Africa and South America.
For more information, visit Eltek's web site at www.nisteceltek.com
Forward Looking Statement
Some of the statements included in this press release may be forward-looking statements that involve a number of risks and uncertainties including, but not limited to expected results in future quarters, the impact of the Coronavirus on the economy and our operations, risks in product and technology development and rapid technological change, product demand, the impact of competitive products and pricing, market acceptance, the sales cycle, changing economic conditions and other risk factors detailed in the Company's Annual Report on Form 20-F and other filings with the United States Securities and Exchange Commission. Any forward-looking statements set forth in this press release speak only as of the date of this press release. The information found on our website is not incorporated by reference into this press release and is included for reference purposes only.
About our Non-GAAP Financial Information
The Company reports financial results in accordance with U.S. GAAP and herein provides some non-GAAP measures, including EBITDA. These non-GAAP measures are not in accordance with, nor are they a substitute for, GAAP measures. These non-GAAP measures are intended to supplement the Company's presentation of its financial results that are prepared in accordance with GAAP. The Company uses the non-GAAP measures presented to evaluate and manage the Company's operations internally. The Company is also providing this information to assist investors in performing additional financial analysis. Reconciliation between the Company's results on a GAAP and non-GAAP basis is provided in a table below.
Investor Contact
Ron Freund
Chief Financial Officer
Investor-Contact@nisteceltek.com
+972-3-939-5023
(Tables follow)
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SOURCE Eltek Ltd. | https://www.kxii.com/prnewswire/2022/08/17/eltek-ltd-reports-2022-second-quarter-financial-results/ | 2022-08-17T11:26:10Z |
NEWTOWN, Pa., May 5, 2022 /PRNewswire/ -- Sen-Jam Pharmaceuticals and KVK Tech are collaborating to develop a Covid-19 oral therapy. The companies will operate in parallel while they complete the Phase II clinical trials in Nepal. KVK Tech will offer formulation and chemistry, manufacturing and controls (CMC) for the oral therapy.
Furthermore, KVK will invest strategically in Sen-Jam to conclude the whole development activities needed to provide the CMC package to the Food and Drug Administration (FDA) for submitting a new drug application (NDA).
KVK will have exclusive manufacturing and supply rights for the product in the US. Sen-Jam will utilize the finished formulation and CMC report to enter licensing deals with contracting manufacturing companies (CMOs) globally.
KVK's VP of Business Development and Brand Marketing, Kiran Vepuri, said: "We are impressed by the diligence of our partner in ensuring that the COVID-19 therapy is rigorously tested in a timely manner. We hope that our joint efforts can save lives by bringing a novel, affordable medication to the global healthcare community as quickly as possible. With the FDA recently acknowledging that COVID is likely to remain with us long term, the need for additional, scalable therapies is more critical than ever."
In August last year, Sen-Jam and Duke-NUS Medical School in Singapore partnered to launch a Phase II trial of the investigational treatment, SJP-002C, for Covid-19 in Nepal.
About Sen-Jam Pharmaceutical
At Sen-Jam Pharmaceutical we disrupt pain and inflammation. Sen-Jam Pharmaceutical's mission is to improve societal wellbeing by developing therapeutics that are safe, efficacious, and accessible by all. Sen-Jam repurposes small molecules to develop novel therapeutics for large unmet needs with a focus on improving clinical outcomes. Using patented proprietary technology and the accelerated 505(b)2 pathway, Sen-Jam is on a mission to revolutionize pain treatment and the business of pain relief. Investor information available at Wefunder. Learn more at www.sen-jam.com
About KVK Tech
Founded in 2004, KVK has fast become a trusted leader in specialty pharmaceutical manufacturing. KVK is a leader in the development and manufacture of high-quality, FDA-approved medicines that address unmet patient needs. KVK takes pride in the ability to advance medical care and offer low-cost alternatives in response to today's healthcare challenges. The dedicated team is comprised of individuals with the technical, clinical and business expertise that is necessary for innovation that results in the development of a diverse range of life-changing medicines for patients of all socio-economic levels. Learn more at https://kvktech.com
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SOURCE KVK Tech, Inc. | https://www.kxii.com/prnewswire/2022/05/05/kvk-tech-announces-phase-ii-trial-covid-19-oral-therapy-is-currently-enrolling-nepal/ | 2022-05-05T15:38:28Z |
Focus is now on NRX-101 for Bipolar Depression with Suicidality
RADNOR, Pa., July 1, 2022 /PRNewswire/ -- NRx Pharmaceuticals, Inc. (Nasdaq: NRXP), ("NRx Pharmaceuticals"), a clinical-stage biopharmaceutical company, today announced that the US Food and Drug Administration (FDA) has declined to issue an Emergency Use Authorization (EUA) for ZYESAMI® (aviptadil) for a sub-group of patients that in addition to ZYESAMI®, also received Remdesivir and continued to progress. NRx Pharmaceuticals had submitted this last EUA application using data from a post-hoc subgroup analysis.
"As previously communicated, since the futility news of the ACTIV-3b / TESICO Study with ZYESAMI®, our team has already been highly focused on the development of NRX-101 for bipolar depression in patients with Acute and Sub-Acute Suicidality. Though disappointing, this decision by the FDA is not unexpected, given that they had already recently declined Breakthrough Therapy Designation for ZYESAMI®. We will evaluate the options for ZYESAMI® in COVID-19 respiratory failure and other lung disorders once we receive the full data set from the National Institutes of Health (NIH)," said Robert Besthof, interim CEO, NRx Pharmaceuticals.
NRx Pharmaceuticals, Inc. draws upon decades of collective, scientific, and drug-development experience applying innovative science to known molecules to address very high unmet needs and bring improved health to patients. The Company is developing NRX-101, its proprietary fixed dose combination as a treatment for Bipolar Depression in Patients with Acute Suicidal Ideation and Behavior (ASIB). The U.S. Food and Drug Administration ("FDA") has granted Breakthrough Therapy designation, a Special Protocol Agreement, and a Biomarker Letter of Support for NRX-101. NRx Pharmaceuticals is led by executives who have held leadership roles at Lilly, Pfizer, and Novartis as well as major investment banking institutions.
This announcement of NRx Pharmaceuticals, Inc. includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995, which may include, but are not limited to, statements regarding our financial outlook, product development, business prospects, and market and industry trends and conditions, as well as the Company's strategies, plans, objectives, and goals. These forward-looking statements are based on current beliefs, expectations, estimates, forecasts, and projections of, as well as assumptions made by, and information currently available to, the Company's management.
The Company assumes no obligation to revise any forward-looking statement, whether as a result of new information, future events or otherwise. Accordingly, you should not place reliance on any forward-looking statement, and all forward-looking statements are herein qualified by reference to the cautionary statements set forth above.
CORPORATE CONTACT
Molly Cogan
Sr. Director, Global Communications
mcogan@nrxpharma.com
INVESTOR RELATIONS
Tim McCarthy
Investor Relations
tim@lifesciadvisors.com
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SOURCE NRx Pharmaceuticals, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/01/fda-declines-emergency-use-authorization-zyesami-aviptadil-subgroup-patients-with-critical-covid-19-immediate-risk-death-respiratory-failure-despite-treatment-with-approved-therapy-including-remdesivir/ | 2022-07-01T11:47:40Z |
The combination of bio-active vitamins assists with mood, memory, and bone and heart health
SAN DIEGO, April 12, 2022 /PRNewswire/ -- Cymbiotika, a leading nutritional supplement brand known for creating pure, clinically backed supplements, today announced the relaunch of its Vitamin B12+B6. The redesigned, liposomal formula unites two of the most bioactive forms of Vitamin B12 and Vitamin B6 to support red blood cell production, enhance mood and memory, and boost heart and bone health.
"We pride ourselves on bringing the highest quality supplements to market, and the reformulation of Vitamin B12+B6 demonstrates our commitment to the continued improvement of Cymbiotika products in support of our customers' journey to optimal wellness," said Chervin Jafarieh, Co-Founder of Cymbiotika.
Crafted with completely plant-based ingredients, including the bio-active form of the vitamin L-methylfolate, Cymbiotika's Vitamin B12+B6 provides exceptional benefits to personal energy, mood, and heart health. All the formula's precious nutrients are encased in liposomes, to guarantee maximum absorption within the body.
"We aim to fill the nutritional gaps that challenge individuals from being in their best state of wellbeing," said Cymbiotika's CEO and Co-Founder, Shahab Elmi. "In addition to the overall health benefits that the new Vitamin B12+B6 provides, our formula contains a folate that is especially helpful to those who have a MTHFR gene mutation. This mutation is connected to health conditions such as alopecia, age-related hearing loss, blood clotting, and abnormal skeletal development."
Cymbiotika's Vitamin B12+B6 retails for $48 and is available for purchase through the Cymbiotika website. Consume 12 pumps daily, on a spoon, directly into the mouth, or mixed in with a beverage of choice. For an energy boost and more balanced mood, pair it with Cymbiotika's Vitamin D3+K2+CoQ10.
Cymbiotika's formulas contain only the highest-quality bioavailable, and wild-crafted ingredients. Vitamin B12+B6 contains ZERO chemicals, animal products, GMOs, fish, soy, wheat, gluten, corn, dairy, lactose, eggs, yeast, sugar, solvents, alcohols, binders, flavors, additives, preservatives, coloring, fragrance, silicone, and BPA. For more details, please visit: www.cymbiotika.com.
Cymbiotika is an innovative wellness brand based in San Diego. With the motto, "Your mind and body deserve the best," Cymbiotika is driven by the higher purpose of inspiring everyday people to achieve their optimal health. Founded in 2017, Cymbiotika uses the most advanced bioavailable absorption technology and sources only the highest quality plant-based nutrients to resolve specific nutritional deficiencies and support healthy aging, detoxification and longevity. Cymbiotika never uses synthetics, GMOs, fillers, chemicals, preservatives, additives or sugars in its products. For more information, visit www.cymbiotika.com.
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SOURCE Cymbiotika | https://www.kxii.com/prnewswire/2022/04/12/cymbiotika-launches-new-vitamin-b12b6-formula/ | 2022-04-12T21:13:20Z |
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Attention LifeStance Health Group, Inc. ("LifeStance") (NASDAQ: LFST) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all purchasers of LifeStance common stock pursuant and/or traceable to the documents issued in connection with LifeStance's June 10, 2021 initial public stock offering.
If you suffered a loss on your investment in LifeStance, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against LifeStance includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the number of virtual visits clients were undertaking utilizing LifeStance Health was decreasing as the COVID-19 lockdowns were being lifted, thereby flatlining LifeStance Health's out-patient/virtual revenue growth; (ii) the percentage of in-person visits clients were undertaking utilizing LifeStance Health was increasing as the COVID-19 lockdowns were being lifted, thereby causing LifeStance Health's operating expenses to increase substantially; (iii) LifeStance Health had lost a large number of physicians due to burn-out and, as a result, its physician retention rate had fallen significantly below the 87% highlighted in the initial public offering's registration statement, and LifeStance Health had been expending additional costs to onboard new physicians who were less productive than the outgoing physicians they were replacing; and (iv) as a result, LifeStance Health's business metrics and financial prospects were not as strong as the initial public offering's registration statement represented.
Aggrieved LifeStance investors only have until October 11, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.kxii.com/prnewswire/2022/09/12/class-action-alert-law-offices-vincent-wong-remind-lifestance-investors-lead-plaintiff-deadline-october-11-2022/ | 2022-09-12T10:42:19Z |
SAN FRANCISCO, Aug. 8, 2022 /PRNewswire/ -- The following statement is being issued by Kroll Settlement Administration regarding the K Cup Recyclable Settlement.
A proposed settlement has been reached in a lawsuit known as Smith v. Keurig Green Mountain, Inc., Case No. 4:18-CV-06690-HSG, in United States District Court for the Northern District of California (the "Action").
The Plaintiff in the case being settled alleges that K Cup® single serving coffee pods were labeled as being recyclable when they were not widely recyclable. Keurig denies any wrongdoing but has agreed to a settlement to avoid the expense of continued litigation.
Consumers are considered Settlement Class Members if they purchased K Cup® single serving coffee pods labeled as recyclable in the United States for personal, family or household purposes between June 8, 2016, and August 8, 2022.
Excluded from eligible Class Members are (a) Keurig, (b) Keurig's Affiliates, (c) the officers, directors, or employees of Keurig and its Affiliates and their immediate family members, (d) any legal representative, heir, or assign of Keurig, (e) all federal court judges who have presided over this Action and their immediate family members; (f) the Hon. Morton Denlow (Ret.) and his immediate family members; (g) all persons who submit a valid and timely Request for Exclusion from the Class; and (h) those who purchased K Cup® single serving coffee pods labeled as recyclable for the purpose of resale.
- The settlement provides $10 million to pay valid claims (along with claims administrator costs, attorney fees and costs, and class representative awards) as follows:
With Proof of Purchase: Class Members can get $3.50 per 100 pods, up to $36.00 maximum per household, or they can get $6.00 minimum per household regardless of quantity purchased.
Without Proof of Purchase: Class Members can get $5.00 per household from the Settlement. In each case, they must submit a valid Claim Form by January 9, 2023. The actual amount received may vary based on the total number of claims filed. - Keurig also agrees to include the following qualifying statement, clearly and prominently, when it makes any recycling representation in connection with selling the pods: "Check Locally – Not Recycled in Many Communities."
- Do Nothing: Class Members who do nothing will stay in the Settlement, but will not get money, and they give up the right to sue over the claims in this settlement.
- File A Claim: Class Members must submit a valid Claim Form no later than 11:59 p.m. Pacific Time on January 9, 2023 to get money from the Settlement.
- Exclude: Class Members can exclude themselves from the Settlement and keep the right to sue about the claims in this lawsuit, but they will not get any money. Exclusion requests must be received by October 24, 2022.
- Object: Class Members can remain in the Settlement but tell the Court why they think the Settlement should not be approved. Objections must be postmarked no later than October 24, 2022. Details on how to object are on the website.
A Final Approval Hearing will be held on December 8, 2022 at 2:00 p.m. PT at Courtroom 2 of the United States Courthouse, 1301 Clay Street, Oakland, California, to consider approval of the Settlement, a payment up to a total of $3,000,000 for Class Counsel for attorneys' fees, plus Class Counsel's expenses, and Class Representative incentive awards not to exceed $5,000 for Plaintiff Smith and $1,000 to Plaintiff Downing. All motions filed by Class Counsel will be available on the website. You may appear at the hearing, but you do not need to.
This is only a summary. More details about the Proposed Settlement and instructions on how to file a claim, object, or request to be excluded are available at www.KcupsRecyclingSettlement.com or by calling 1-833-620-3588.
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SOURCE Kroll Settlement Administration | https://www.wibw.com/prnewswire/2022/08/08/consumers-who-purchased-k-cup-single-serve-coffee-pods-labeled-recyclable-between-june-8-2016-august-8-2022-could-get-money-settlement/ | 2022-08-08T13:49:34Z |
Arelion's diverse suburban ring enhances Atlanta metro network connectivity in Douglas County and beyond
STOCKHOLM, July 13, 2022 /PRNewswire/ -- Arelion today announced the expansion of its Atlanta metro network and new connectivity to the surrounding areas in Douglas County with the addition of a Point of Presence (PoP) in Switch ATLANTA, Switch's data center facility located at its Keep Campus in Lithia Springs, Georgia. Switch (NYSE: SWCH) is the independent leader in exascale data center ecosystems, edge data center designs, industry-leading telecommunications solutions and next-generation technology innovation. This expansion enables access to Arelion's number one Internet Backbone, AS1299, providing users and businesses with diverse, direct, high-speed connectivity options at the network edge. The most recent expansion reduces the need for routing through downtown Atlanta, offering enhanced speed and diversity connecting suburban scale campuses to support ongoing growth.
- Other key insights of this Atlanta metro network expansion:
- Arelion has completed a new long haul route connecting Switch's campus in Lithia Springs, west of downtown Atlanta in the Northeastern region of Douglas County, to Ashburn and Dallas networks via Chattanooga as well as connecting the growth hub to the new Atlanta metro expansion.
- These new metro investments add connection diversity to Arelion's existing network routes into downtown Atlanta. These include routes from Ashburn, VA via Charlotte, NC and from Tampa, Houston and Chicago via Nashville.
- Douglas County has seen rapid data center investment in recent years, with over $4 billion spent since 2015. Arelion's investment reinforces the area as a rapidly growing data center hub.
- Arelion's expansion means 5 diverse long-haul routes provide optimal resilience and scale for data traffic serving the Atlanta area, serving unique cloud deployments and availability zones with routing flexibility.
Arelion has invested in these new Atlanta metro networks to meet the accelerating demand for high-capacity bandwidth in the region. With this increased demand, Switch campuses offer Arelion's high-speed, secure internet backbone to meet the growing connectivity needs of their end users. Wholesale customers now have access to scalable, interconnected hubs with sustainable connectivity.
"The expansion is in response to the need and demand for high-capacity bandwidth in the region," said Art Kazmierczak, Director of Business and Network Development, Arelion. "Our continued investment helps further establish the Atlanta metro area as one of the top connectivity hubs in the country. Specifically, the hyperscale campus expansions in Douglas County and Lithia Springs help relieve some of the strain on the legacy carrier hotels in the area without compromising performance speed, connectivity diversity or bandwidth capabilities."
Through this Atlanta metro network expansion, Arelion is fulfilling its global connectivity vision with continued growth in North American markets, allowing historically underserved businesses and end-users access to high-speed, direct fiber-enabled Internet service at the network edge.
"Having Arelion join our exascale data center ecosystem in Atlanta allows us additional options to provide our customers with the high quality, low latency and diverse network services they demand," said Scott Gutierrez, SVP of Connectivity, Switch.
Businesses in the Atlanta metro area can now take advantage of Arelion's number one ranked global backbone, AS1299, as well as the local availability of high-speed IP Transit, Cloud Connect, DDoS Mitigation, Ethernet and IPX services for operators, content providers and enterprises alike.
Arelion solves global connectivity challenges for multinational enterprises whose businesses rely on digital infrastructure. On top of the world's #1 ranked IP backbone and a unique ecosystem of cloud and network service providers, we provide an award-winning customer experience to customers in more than 125 countries worldwide. Our global Internet services connect more than 700 cloud, security and content providers with low latency. For further resilience, our private Cloud Connect service connects directly to Amazon Web Services, Microsoft Azure, Google Cloud, IBM Cloud and Oracle cloud across North America, Europe and Asia. Discover more at Arelion.com, and follow us on LinkedIn and Twitter.
Contacts
Arelion
Martin Sjögren, Senior Manager PR and Analyst Relations
+46 (0)707 770 522
martin.sjogren@arelion.com
Media Contact
Jennifer Hodorowicz, Engage PR for Arelion
+1 919 622 4307
jhodorowicz@engagepr.com
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SOURCE Arelion | https://www.kxii.com/prnewswire/2022/07/13/arelion-expands-connectivity-atlanta-metro-network/ | 2022-07-13T13:01:15Z |
NEW YORK, July 15, 2022 /PRNewswire/ -- Soundcore Capital Partners, LP (Soundcore) a New-York based private equity firm, is pleased to welcome Gavin Fox as an associate on the Deal Origination team.
Gavin will primarily be responsible for supporting the Partners in developing investment theses for the fund and building relationships with business owners.
Prior to joining Soundcore, Gavin was an investment advisor for high-net-worth individuals with PNC Investments. Previously, Gavin was a paraplanner for Encore Wealth Management, which collectively managed over $450 million of assets for high-net-worth families and individuals. He started his career in the audit practice of Crowe Horwath, a top-ten public accounting firm. There, he primarily worked with financial institutions including SEC-registered banks and broker dealers. Gavin has a Bachelor of Arts in Accounting from Bellarmine University.
"We are very excited to have Gavin on the team." Said Alex Bues, Partner at Soundcore. "His experience in working directly with business owners to understand their needs will help us tremendously as we execute our buy-and-build strategy in the lower-middle market."
Over the next 12-18 months, Soundcore will seek to grow the team significantly through the additional hires of experienced private equity professionals to create a 19‑person firm and nearly doubling the number of investment professionals.
Soundcore Capital Partners 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 70 acquisitions across 9 platforms and focuses primarily on industrial services, business services, distribution and value-add manufacturing sectors.
CONTACT: Njideka Emenogu, 212-812-1180, nemenogu@soundcorecap.com
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SOURCE Soundcore Capital Partners | https://www.wibw.com/prnewswire/2022/07/15/soundcores-deal-origination-team-is-growing/ | 2022-07-15T11:58:48Z |
Topeka native Roger Ortega celebrates journey in latest music
Published: Sep. 16, 2022 at 5:08 PM CDT|Updated: 9 minutes ago
TOPEKA, Kan. (WIBW) - Roger Ortega’s latest song, “Back to Kansas,” chronicles his return to Topeka. S.J. Hazim with Creative Pathways & Means assisted the video production.
The pair appeared on Eye on NE Kansas to talk about the inspiration for the music and the changing landscape for artists today.
Connect with Roger’s music at www.RogerOrtega.com.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/16/topeka-native-roger-ortega-celebrates-journey-latest-music/ | 2022-09-16T22:19:26Z |
SAN FRANCISCO, June 28, 2022 /PRNewswire/ -- Curebase, a company committed to democratizing access to clinical studies, has named human resources management veteran Andi Seymour as its VP of People.
Curebase's decentralized clinical trial model ensures more diverse studies because unique populations – which typically are underrepresented in clinical trials – can be included. The company's virtual research sites also provide physicians with new and unique options to offer their patients, regardless of location. The Curebase platform empowers sponsors, CROs, and physicians from practices of all sizes to conduct clinical research, including private practices, independent clinics, and large academic research sites.
"Andi's expertise in HR leadership and her experience in helping technology startups grow makes her ideal for the critical role of VP of People," said Tom Lemberg, founder and chief executive officer of Curebase. "As we continue to scale our business and workforce, Andi will ensure Curebase maintains its core values, culture and professional standards while expanding our workforce skill set."
Andi brings more than 15 years of progressive and hands-on experience managing global human resources teams. Prior to joining Curebase, Seymour was vice president of people operations in America for data science platform startup Dataiku. She also has served as VP of human resources for 7Park Data, an alternative data aggregator and analytics provider based in NYC; global head of human resources for AxiomSL, a fintech company for regulatory and risk reporting and global HR operations manager for fintech company MarketAxess, a leading fixed income electronic trading platform based in NYC where she was employed for nearly 10 years.
"I strongly believe in what Curebase is doing to transform clinical trials and I'm impressed by the collaborative, respectful and mission-driven culture the company has developed," Seymour said. "I also love a fast-paced organization and it's clear that Curebase is both well-positioned and ready to seize growth opportunities."
Seymour received her bachelor's degree with top honors in public administration with a minor in HR management from City University of New York - John Jay, and holds HR certifications from Cornell University. She is an active member of the Society of Human Resource Management (SHRM), along with other community-based organizations.
About Curebase
At Curebase, our mission is to bring quality medical innovations to patients faster and improve human wellbeing through more efficient clinical studies. We are proving that clinical research can be radically accelerated if we empower physicians everywhere to enroll patients in the communities where they live. By applying cutting edge clinical software and remote study management techniques to the problem, we are reinventing clinical trials and research from the ground up. For more information, please visit www.curebase.com.
For More Information:
Bonnie VosWinkel
Curebase
bonnie@curebase.com
or
Adam Beeson
Amendola Communications
adam@acmarketingpr.com
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SOURCE Curebase | https://www.mysuncoast.com/prnewswire/2022/06/28/curebase-hires-hr-veteran-andi-seymour-vp-people/ | 2022-06-28T18:01:50Z |
Company gains momentum with AI kitchen management system providing crew recommendations through deep tech computer vision and machine learning
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- PreciTaste, a Vision AI platform and industry leader in operational optimization, has raised $24 million in Series A to continue its mission to become the standard for digital food AI management in fast casual and QSR kitchens. Developed to maximize efficiency, enhance customer experience, and reduce food waste, the largest food chains apply PreciTaste to combat the industry's labor, quality, and sustainability challenges.
PreciTaste adapts to each operation by observing crews, then generates AI agents through data to assist them live onsite. Flexible software applications enable use cases like demand-based cooking and ingredient preparation, real-time task management, or order accuracy. With demand-based forecasts, up to 40% of kitchen tasks are consolidated. With order accuracy guidance, customers are served five times faster.
"PreciTaste's established platform is changing the way food chains operate, and can scale existing and new food concepts," says PreciTaste Co-Founder and CEO, Dr. Ingo Stork. "Our technology also zeroes in on food waste." This is vital to Stork's mission given that, if food waste was a country, it would be the third largest global CO2 emitter (United Nations FAO).
PreciTaste's Series A is led by existing investor Melitas Ventures, a fund that invests in innovative early-stage food and beverage companies, and Cleveland Avenue, a mission-driven investor in food, beverage, and technology companies. Additional investors include Enlightened Hospitality Investments (EHI), the growth equity fund co-founded by Danny Meyer, the Founder of Union Square Hospitality Group and Shake Shack, and Monogram Capital Partners, a leading consumer-focused growth fund with investments including Chewy.com, Oatly, and Foxtrot.
Dr. Mingu Lee, Managing Partner of Cleveland Avenue, says, "PreciTaste has created an innovative solution for the most critical kitchen management problems. This technology is transformative and is the advantage every kitchen needs to drive sales and profit."
With PreciTaste's Virtual Baker® already managing in-store baking processes in Europe's largest grocery retailer, the company had the infrastructure to expand fast casual and QSR roll-outs in 2020 following the pandemic-spurred digital focus. With 1,500+ food AI systems deployed since, PreciTaste has evolved with a proprietary offline-first AIOS operating system and TasteOS Cloud-based reporting platform.
Powered by Intel Solutions, leveraging the OpenVINO toolkit, PreciTaste's platform accelerates deployment of intelligent devices and analytics, making its technology economical, easily adoptable, and swiftly executable. PreciTaste's partnership with Franke Foodservice Systems, Inc., a leader in implementing kitchen and equipment improvement campaigns for major chains, provides further insights to consider during implementation.
"The technology pays for itself through food waste savings alone and is highly scalable," says Alex Malamatinas, Founder & Managing Partner of Melitas Ventures. "We invest in companies that transform how consumers eat and drink. Through the combination of innovation, infrastructure, and partnerships, PreciTaste is a pioneer in foodservice operations."
Developed by engineers trained at TUM, MIT, IIT, NASA, and other leading institutions, PreciTaste, an offline-first, in-store food software platform, sets the standard for digital food AI management. With $24 million in Series A growth funding, PreciTaste is fast-tracking deployments of its proprietary Vision AI technology protected by 40+ patents, which optimizes operations, leading to labor efficiency, sales growth, and sustainability. It works on Edge Devices, is Cloud and Internet-independent, and data privacy compliant. Series A is led by Melitas Ventures and Cleveland Avenue, and includes Enlightened Hospitality Investments (EHI) and Monogram Capital Partners. Follow PreciTaste on LinkedIn and Twitter.
Contact:
Sav McBride
pr@precitaste.com
(615) 974-1661
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SOURCE PreciTaste | https://www.mysuncoast.com/prnewswire/2022/08/09/precitaste-raises-24m-series-redefine-foodservice-operations-with-vision-ai-technology/ | 2022-08-09T16:47:18Z |
Advertising agency's nontraditional recruitment approach aims to match rising comedians with a meaningful launch into comedic writing for advertising.
BOSTON, April 25, 2022 /PRNewswire/ - As advertising agencies continue to seek new and unique ways to attract talent, Arnold Worldwide is turning to comedy clubs and writers' rooms as part of its Institute for the Comedically Gifted program. Already proving to be a success, the initiative is specifically focused on recruiting funny writing talent from diverse backgrounds to bring broader perspectives to the humor-based writing for which the agency has become known. In return, the program provides an opportunity for creative writers to work on commercial projects within the creative ad agency environment.
Launched in summer 2021, the program attracts both up-and-coming and newly established comedians and emerging writers from all backgrounds. The three-month program enables prospective copywriters to work on some of the agency's most high-profile and career-defining clients. Every quarter, Arnold selects two writers to work alongside creative teams on projects across the agency's client roster. Participants are encouraged to contribute their own unique approach to briefs and content.
"At a certain point it occurred to me that maybe the two major talent problems we were consistently struggling with – a lack of funny people, and a lack of diverse voices – were two different versions of the same fundamental problem," said Sean McBride, chief creative officer for Arnold Worldwide. "The familiar channels for finding and developing young creatives are still great, they're just really specific. And we've already had some success finding talent in unusual places — specifically funny people. So, the trick was putting a structure to that, and focusing on diverse voices."
In the program's first year, Arnold hired one of the inaugural writers, Sam Ike—a Boston-based stand-up comedian who has performed in festivals that include Second City/NBC Universal Breakout in Chicago—as a full-time junior copywriter.
"We are committed to diversifying our team and to do that we have to break down processes and systems that are barriers to connecting with underrepresented creative talent," said Julianna Akuamoah, chief talent officer for Arnold Worldwide. "With the Institute for the Comedically Gifted, we are evolving the way we build authentic connections. This program is our way of meeting talent where they are and inviting them into our world, sharing what we have to offer and creating opportunities for them to contribute and use their voices in ways our industry hasn't before."
Qualifications to apply for the program are purposefully broad to encourage new and semi-established writers and comedians to consider working with the agency. Prospective writers can apply via comedicallygifted@arn.com.
Arnold is an independent-minded integrated advertising agency that makes it Safe to be Brave. We transform brands into household names and grow businesses by delivering breakthrough, culturally-connected work. Arnold is headquartered in Boston and is part of the Havas Group. Learn more on arn.com, or follow us on LinkedIn, Twitter, and Instagram.
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SOURCE Arnold Worldwide | https://www.mysuncoast.com/prnewswire/2022/04/25/arnold-worldwide-finds-new-stand-up-stand-out-talent-through-its-institute-comedically-gifted-program/ | 2022-04-25T18:03:43Z |
CHICAGO, May 4, 2022 /PRNewswire/ -- Cook County Treasurer Maria Pappas will conduct the annual sale of delinquent property taxes from May 12 – 18, 2022. This Tax Sale is for delinquent property taxes from Tax Year 2019, which were due in two installments in 2020.
Approximately $175.6 million in unpaid 2019 property taxes are overdue on 37,176 properties in Cook County. The properties include homes, businesses and vacant land throughout Chicago (17,709 properties) and Cook County suburbs (19,467 properties). Less than $1,000 is owed on 19,350 properties.
Owners of these properties were sent notices via certified mail informing them that their unpaid taxes are to be auctioned, which would put a lien against their properties. However, the U.S. Postal Service has returned nearly 15,000 bills and subsequent notices.
"Many residents may be unaware that their property is eligible for the Tax Sale," Pappas said. "The majority of the taxes offered are for properties in minority communities. I started 'Black and Latino Houses Matter' to help homeowners find refunds and apply for tax exemptions."
How To Get Your Property Off The Tax Sale List:
- Log on to cookcountytreasurer.com
- Search for your home or other property by entering your Property Index Number
- Pay any delinquent taxes and interest before May 12
Under Illinois law, the Cook County Treasurer's Office is required to put delinquent taxes, not the property itself, up for auction.
Visit cookcountytreasurer.com and click on "Avoid the Tax Sale" for more information and to see if your property is on the Tax Sale list.
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SOURCE Cook County Treasurer's Office | https://www.wibw.com/prnewswire/2022/05/04/pappas-more-than-37000-properties-will-be-part-cook-countys-tax-sale-running-may-12-18-more-than-half-owe-less-than-1000-back-taxes/ | 2022-05-04T10:44:53Z |
WASHINGTON (AP) — The FBI thwarted a planned cyberattack on a children’s hospital in Boston that was to have been carried out by hackers sponsored by the Iranian government, FBI Director Christopher Wray said Wednesday.
Wray told a Boston College cybersecurity conference that his agents learned of the planned digital attack from an unspecified intelligence partner and got Boston Children’s Hospital the information it needed last summer to block what would have been “one of the most despicable cyberattacks I’ve seen.”
“And quick actions by everyone involved, especially at the hospital, protected both the network and the sick kids who depended on it,” Wray said.
The FBI chief recounted that anecdote in a broader speech about ongoing cyber threats from Russia, China and Iran and the need for partnerships between the U.S. government and the private sector.
He said the bureau and Boston Children’s Hospital had worked closely together after a hacktivist attacked the hospital’s computer network in 2014. Martin Gottesfeld launched a cyberattack at the hospital to protest the care of a teenager at the center of a high-profile custody battle and later was sentenced to 10 years in prison. The attack against the hospital and a treatment home cost the facilities tens of thousands of dollars and disrupted operations for days.
“Children’s and our Boston office already knew each other well — before the attack from Iran — and that made a difference,” Wray said.
He did not ascribe a particular motive to the planned attack on the hospital, but he noted that Iran and other countries have been hiring cyber mercenaries to conduct attacks on their behalf.
When it comes to Russia, he said, the FBI is “racing” to warn potential targets about preparatory actions that hackers are taking toward destructive attacks. In March, for instance, the FBI warned that it was seeing increased interest by hackers in energy companies since the start of Russia’s war against Ukraine.
Hackers from China, meanwhile, have stolen more corporate and personal data from Americans than all other nations combined as part of a broader geopolitical goal to “lie, cheat and steal,” Wray said.
The speech took place as the FBI continues to combat ransomware attacks from criminal gangs, an ongoing concern for U.S. officials despite the absence of crippling intrusions in recent months.
Wray emphasized the need for private companies to work with the FBI to thwart ransomware gangs and nation-state hackers, adding that building those relationships is a key to success.
“What these partnerships let us do is hit our adversaries at every point — from the victims’ networks, back all the way to the hackers’ own computers,” Wray said.
The FBI and other federal agencies have been working to assure hacking victims that it is in their best interest to report intrusions and cyber crimes. Many companies attacked by ransomware gangs often don’t go to the FBI for a variety of reasons.
U.S. Sen. Rob Portman, a Republican from Ohio and the ranking member of the Senate Homeland Security and Governmental Affairs Committee, issued a report earlier this year critical of the FBI’s response to some ransomware victims. In two cases, the FBI “prioritized its investigative and prosecutorial efforts to disrupt attacker operations over victims’ need to protect data and mitigate damage,” the report said.
One unnamed Fortune 500 company told committee staff that the FBI did not offer any “helpful assistance” when responding to a ransomware attack.
“For example, the FBI offered their hostage negotiator who appeared to have little expertise in responding to ransomware attacks,” the report said.
Wray, though, touted the FBI’s capacity to get a technically trained agent to any victimized company in an hour — “and we use it a lot.”
___
Suderman reported from Richmond, Virginia.
___
Follow Eric Tucker on Twitter at http://www.twitter.com/etuckerAP. | https://cw33.com/health/ap-health/wray-fbi-blocked-planned-cyberattack-on-childrens-hospital/ | 2022-06-01T16:44:23Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Attention Tuya Inc. ("Tuya") (NYSE: TUYA) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all persons or entities who purchased Tuya American Depositary Shares in or traceable to the Company's March 2021 initial public offering.
If you suffered a loss on your investment in Tuya, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Tuya includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (a) a material portion of Tuya's China-based customers were engaged in the widespread and systematic manipulation of reviews and product offerings in violation of Amazon.com's terms of use; (b) prior to the initial public offering, a consumer investigation and data breach had exposed an illicit fake review scheme being perpetrated by many of Tuya's clients, among others, which included, inter alia, the exposure of 13 million records of organized fake review scams linked to over 200,000 Amazon account profiles; (c) as a result of (a) and (b) above, there was a substantial risk that a material portion of Tuya's significant customers would be barred from using Amazon.com's platform, negatively impacting Tuya's business, revenue, earnings, and prospects; and (d) as a result of (a)-(c) above, the registration statement's representations regarding Tuya's historical financial and operational metrics and purported market opportunities and expected growth did not accurately reflect the actual business, operations, financial results, and trajectory of the Company at the time of the initial public offering, and such statements were materially false and misleading and lacked a reasonable factual basis.
DEADLINE: October 11, 2022
Aggrieved Tuya investors only have until October 11, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/08/22/class-action-alert-law-offices-vincent-wong-remind-tuya-investors-lead-plaintiff-deadline-october-11-2022/ | 2022-08-22T10:03:58Z |
Consumers can fill up at designated fueling pumps across the US to help kids in their community
HOUSTON, Aug. 1, 2022 /PRNewswire/ -- Driven by the success of its first year, Shell Oil Products US ("Shell") is proud to announce the return of The Giving Pump initiative, benefiting non-profits across the nation. Starting today and running through Oct. 31, a portion of the purchases made by consumers who use the designated pump at select Shell stations will support local children's charities. For the second year, The Giving Pump can be found across 48 states as part of Shell's Force For Good initiative to give back and drive positive change in local communities.
The Giving Pump will be specially marked at participating stations with colorful signage to inspire consumers to fuel up and support a range of children's focused nonprofits, including children's hospitals, schools, literacy programs, youth-based food pantries and more. The number of Shell stations has more than doubled from last year with more than 6,500 Shell stations across the US participating in this three-month Giving Pump initiative. To find a participating station near you, visit shell.us/givingpump.
"We are thrilled to bring back The Giving Pump to make an even bigger impact this year and give customers the chance to support local charities across the country," said Shannon Bryan, Manager of Brand and Communications for Shell Retail US. "We encourage our customers to pay it forward at the pump and choose The Giving Pump on their next fill up or road trip pit stop to help us fuel the future of local communities."
The Giving Pump is supporting 527 local charities across the US including Boys & Girls Clubs, St. Jude Children's Research Hospital, Shriner's Hospital for Children, Make a Wish Foundation, Autism Speaks and more.
In 2021, Shell wholesalers and retailers donated over $1.5 million, supporting over 400 children's charities through The Giving Pump. In the US, the designated giving pumps were used 7.2 million times and pumped 72 million gallons of gas.
Visit shell.us/givingpump to find additional program details, participating sites and content on local charity partners, and follow @ShellStationsUS to keep up with the latest news.
Media Images: Link
ABOUT SHELL
Shell Oil Products US is an affiliate of Shell plc, a global group of energy and petrochemical companies with operations in more than 70 countries. In the U.S., Shell operates in 50 states and employs more than 12,000 people working to help tackle the energy challenges of the future.
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SOURCE Shell | https://www.wibw.com/prnewswire/2022/08/01/giving-pump-launches-more-than-6500-shell-stations-nationwide-offer-consumers-opportunity-fill-up-good/ | 2022-08-01T19:22:43Z |
Comerica Announces 2023 Earnings Release Dates; Details for Conference Call to Review Second Quarter 2022 Earnings
Published: May. 18, 2022 at 3:25 PM CDT|Updated: 1 hour ago
DALLAS, May 18, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) is expected to release quarterly earnings on the dates indicated below and will host conference calls to review results.
Details for Comerica Incorporated's upcoming second quarter 2022 earnings call on Wednesday, July 20, 2022, are now available. Additional information for remaining 2022 and 2023 earnings calls will be provided in advance of each call.
Earnings Conference Call Schedule:
In addition, the financial results and earnings presentation will be furnished on Form 8-K filings that will be available on the Securities and Exchange Commission website at www.sec.gov.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/05/18/comerica-announces-2023-earnings-release-dates-details-conference-call-review-second-quarter-2022-earnings/ | 2022-05-18T21:47:24Z |
Irresistible Second Guest Sails Free Offer Extended for Another Week
FORT LAUDERDALE, Fla., Sept. 8, 2022 /PRNewswire/ -- Atlas Ocean Voyages, the ultimate way to experience the world, reported the best week-long booking period in the company's history, doubling its occupancy for the upcoming Antarctica season. The small-ship, yacht-style expedition and cruise line attributed the success to pent-up demand, the unique destination, the exceptional value proposition of yacht-style expeditions, and an irresistible Labor Day holiday offer. Due to the strong response to Atlas' Labor Day offer, the cruise line is extending the Second Guest Sails Free offer for another week through September 13. For more information, please visit www.AtlasOceanVoyages.com.
"We are happy to see the incredible results from this extraordinary offer," said James Rodriguez, President and CEO of Atlas Ocean Voyages. "The response from our travel partners has been phenomenal. I believe the value proposition presented along with our unique yacht-style expedition experience has resonated with future guests. We thank Travel Advisors for their support, expertise and the value they provide to their clients and our future guests."
Travelers can take advantage of Atlas' extended Second Guest Sails Free offer and choose among 17 Antarctica expeditions, ranging from nine to 12 nights, and save up to $11,699 per stateroom aboard World Navigator and Atlas' newest ship, World Traveller. Departing November 18, 2022, through March 22, 2022, all itineraries cruise roundtrip from Ushuaia, Argentina, including a special nine-night Chilean Fjords expedition, departing December 12, 2022. Atlas' Second Guest Sails Free offer is applicable for all new bookings made with deposit from August 31 through September 13, 2022, in a Veranda or Horizon stateroom.
Included for all guests is a scheduled roundtrip charter flight between Buenos Aires, Argentina, and Ushuaia; Zodiac safaris and expedition landings; and an Atlas expedition parka as part of their all-inclusive luxurious expedition. All guests are responsible for government taxes and port fees and the Second Guest Sails Free offer is not combinable with other promotions.
On board, guests enjoy highly personalized and attentive service in an intimate setting and Atlas Ocean Voyages' expansive inclusions, such as globally inspired gourmet cuisine with ever-changing menus; premium wines and spirits, and international beers; prepaid gratuities; emergency medical evacuation insurance and Covid trip-interruption assistance; and L'OCCITANE bath amenities plus stocked mini-bar and Nespresso machine in every room. Each suite and stateroom also include robes, slippers and an expedition binocular for use while on board. Suite guests also enjoy butler service.
Atlas Ocean Voyages is the ultimate way to experience the world in comfortable luxury on yacht-style expeditions and cruises. World Navigator, launched in August 2021, and World Traveller, launching November 2022, both feature 98 suites and staterooms, and are the line's first two stylish yacht-style ships bringing curious global travelers to remote, boutique and marquee destinations around the world. Three additional sister ships, World Seeker, World Adventurer and World Discoverer, are under construction or on order. For more information, please visit www.AtlasOceanVoyages.com. Please also follow Atlas Ocean Voyages on Facebook (www.facebook.com/AtlasOceanVoyages), Instagram (www.instagram.com/AtlasOceanVoyages), and LinkedIn (www.linkedin.com/company/atlascruises). Travel Advisors can call 1.844.44.ATLAS (1.844.442.8527) to book their clients on an unforgettable yacht-style expedition.
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SOURCE Atlas Ocean Voyages | https://www.mysuncoast.com/prnewswire/2022/09/08/atlas-ocean-voyages-reports-best-booking-week-since-start-business/ | 2022-09-08T16:47:44Z |
HARARE, Zimbabwe (AP) — A measles outbreak in Zimbabwe has killed 157 children, most of whom were unvaccinated due to their family’s religious beliefs, officials said.
The measles outbreak was first reported in the eastern Manicaland province in early April and has since spread to all parts of the country.
At least 2,056 cases have been reported and virtually all of the deaths have been children who were not vaccinated, Information Minister Monica Mutsvangwa said.
Zimbabwe’s Cabinet has invoked a law used to respond to disasters to deal with the outbreak, she said.
The government says it is embarking on a mass vaccination campaign targeting children aged between 6 months and 15 years old and is engaging traditional and faith leaders to support the drive.
Zimbabwe continued vaccinating children against measles even during the height of the coronavirus pandemic, but the drive has been hampered by religious groups that preach against vaccines. The Christian sects are against modern medicine and tell their members to rely on self-proclaimed prophets for healing.
Church gatherings that have resumed following the easing of COVID-19 restrictions have “led to the spread of measles to previously unaffected areas,” said the health ministry in a statement last week.
Measles is among the most infectious diseases in the world and mostly spreads in the air by coughing, sneezing or close contact. Symptoms include coughing, fever and a skin rash, while the risk of severe measles or dying from complications is high among unvaccinated children. Outbreaks in unvaccinated and malnourished populations have been known to kill thousands. Scientists estimate that more than 90% of the population needs to be immunized to prevent measles outbreaks.
The World Health Organization in April warned of an increase in measles in vulnerable countries as a result of a disruption of services due to COVID-19. In July, UNICEF said about 25 million children worldwide have missed out on routine immunizations against common childhood diseases, calling it a “red alert” for child health. | https://cw33.com/health/ap-health/measles-outbreak-in-zimbabwe-kills-157-unvaccinated-children/ | 2022-08-17T23:37:43Z |
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